Civic Intelligence

Preservation Chicago

EIN 01-0674228 • 501(c)3 • Chicago, IL

Profile

Throughout the city of chicago, preservation chicago is committed to strengthening the vibrancy of chicago's economy and quality of life by championing our historic built environment. Preservation chicago protects and revitalizes chicago's irreplaceable architecture, neighborhoods and urban green spaces. We influence stakeholders toward creative reuse and preservation through advocacy, outreach, education, and partnership.

205 W Monroe 400Chicago, IL 60606

www.preservationchicago.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

24th percentile

0.00x

Higher debt load relative to revenue than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

93rd percentile

65%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

94th percentile

88%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

60th percentile

13%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,623,718

Up $1,230,582 (+88%) from 2023

Liabilities

Down

$7,031

Down $2,573 (-27%) from 2023

Net Assets

Up

$2,616,687

Up $1,233,155 (+89%) from 2023

Revenue

Up

$1,830,249

Up $212,927 (+13%) from 2023

Expenses

Up

$636,100

Up $164,179 (+35%) from 2023

Net Income

Up

$1,194,149

Up $48,748 (+4.3%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $91,563Liabilities 2011: $02011Assets 2012: $63,066Liabilities 2012: $02012Assets 2013: $104,188Liabilities 2013: $02013Assets 2014: $40,216Liabilities 2014: $02014Assets 2015: $121,385Liabilities 2015: $160Net Assets 2015: $121,2252015Assets 2016: $196,660Liabilities 2016: $1,105Net Assets 2016: $195,5552016Assets 2017: $111,292Liabilities 2017: $2,268Net Assets 2017: $109,0242017Assets 2018: $177,307Liabilities 2018: $5,536Net Assets 2018: $171,7712018Assets 2019: $147,921Liabilities 2019: $6,808Net Assets 2019: $141,1132019Assets 2020: $187,783Liabilities 2020: $54,581Net Assets 2020: $133,2022020Assets 2021: $291,950Liabilities 2021: $14,941Net Assets 2021: $277,0092021Assets 2022: $247,189Liabilities 2022: $10,643Net Assets 2022: $236,5462022Assets 2023: $1,393,136Liabilities 2023: $9,604Net Assets 2023: $1,383,5322023Assets 2024: $2,623,718Liabilities 2024: $7,031Net Assets 2024: $2,616,6872024

Highlighted filing

2024

Assets$2,623,718
Liabilities$7,031
Net Assets$2,616,687

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $119,574Expenses 2011: $115,594Net Income 2011: $3,9802011Revenue 2012: $105,727Expenses 2012: $134,224Net Income 2012: -$28,4972012Revenue 2013: $141,328Expenses 2013: $100,512Net Income 2013: $40,8162013Revenue 2014: $37,411Expenses 2014: $101,483Net Income 2014: -$64,0722014Revenue 2015: $171,932Expenses 2015: $90,923Net Income 2015: $81,0092015Revenue 2016: $195,618Expenses 2016: $121,288Net Income 2016: $74,3302016Revenue 2017: $108,159Expenses 2017: $194,690Net Income 2017: -$86,5312017Revenue 2018: $286,649Expenses 2018: $223,902Net Income 2018: $62,7472018Revenue 2019: $292,415Expenses 2019: $323,073Net Income 2019: -$30,6582019Revenue 2020: $319,350Expenses 2020: $327,311Net Income 2020: -$7,9612020Revenue 2021: $509,303Expenses 2021: $368,446Net Income 2021: $140,8572021Revenue 2022: $399,066Expenses 2022: $439,529Net Income 2022: -$40,4632022Revenue 2023: $1,617,322Expenses 2023: $471,921Net Income 2023: $1,145,4012023Revenue 2024: $1,830,249Expenses 2024: $636,100Net Income 2024: $1,194,1492024

Highlighted filing

2024

Revenue$1,830,249
Expenses$636,100
Net Income$1,194,149

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.62$0.01$2.62$1.83$0.64$1.19
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.01$1.38$1.62$0.47$1.15
2022Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.24$0.40$0.44$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.29$0.01$0.28$0.51$0.37$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.19$0.05$0.13$0.32$0.33$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$0.29$0.32$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$0.29$0.22$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.11$0.19$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.20$0.12$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.17$0.09$0.08
2014Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$0.10$0.06
2013Summary only. Only limited summary data is available for this year.$0.10$0.00$0.14$0.10$0.04
2012Summary only. Only limited summary data is available for this year.$0.06$0.00$0.11$0.13$0.03
2011Summary only. Only limited summary data is available for this year.$0.09$0.00$0.12$0.12$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 1, 2025
Return Version
2024v5.2
Gross Receipts
$1,830,755
Mission and Program Overview

Mission

Advocates for the preservation of chicago's historic architecture, neighborhoods and urban spaces throughout the city of chicago. Preservation chicago is committed to strengthening the vibrancy of chicago's economy and quality of life by championing the historic built environment. Preservation chicago protects and revitalizes chicago's irreplaceable architecture, neighborhoods and urban spaces. The organization influences stakeholders toward creative reuse and preservation through advocacy, outreach, education, and partnership.

Preservation chicago leverages the power of historic preservation to create healthy communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$89,984$2,311,786▲ $2,221,802
Cash and Non-Interest-Bearing Accounts$123,800$209,008▲ $85,208
Savings and Temporary Cash Investments$1,164,075$89,711▼ $1,074,364
Land, Buildings, and Equipment, Net$15,277$13,213▼ $2,064
Total Assets$1,393,136$2,623,718▲ $1,230,582
Liabilities
Accounts Payable and Accrued Expenses$9,604$7,031▼ $2,573
Total Liabilities$9,604$7,031▼ $2,573
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,150,003$2,290,111▲ $1,140,108
Net Assets Without Donor Restrictions$233,529$326,576▲ $93,047
Total Net Assets Fund Balance$1,383,532$2,616,687▲ $1,233,155
Total Liabilities and Net Assets / Fund Balance$1,393,136$2,623,718▲ $1,230,582

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,213$14,030$27,243

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,150,003$1,150,000▲ $108,658-$2,285,111
2023-$1,150,000▲ $33,343-$1,150,003
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ward MillerExecutive DirectorFT$106,500$15,857$122,357

Board Members and Trustees

NameTitle
Brad SusterPresident
Jacob KaplanVice President
Andrea ReedBoard Member
Cathie BondBoard Member
Charles VinzBoard Member
Diane GonzalezBoard Member
Jack SpicerBoard Member
Joanne YasusBoard Member
Joyce JacksonBoard Member
Debbie DodgeSecretary
Stuart BermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,739,292
Program Service Revenue
$0
Investment Income
$87,493
Other Revenue
$3,464
All Other Contributions
$1,739,292
Change in Net Assets
$1,194,149

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,817,739
Revenue Not Reported on Financial Statements
$12,510
Revenue Not Reported on Form 990
$39,006
Total Revenue per Audited Statements
$1,856,745
Total Revenue per Form 990
$1,830,249
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$379,718
Other Expenses$256,382
Total Fundraising Expense$82,413
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$158,343$22,117$30,666$211,126
Current Officers, Directors, Trustees, and Key Employees$104,003$6,118$12,236$122,357
Fees for Services Other$81,058--$81,058
Occupancy$32,969$6,886$4,121$43,976
Other Employee Benefits$19,719$2,868$3,925$26,512
Travel-$12,712$12,713$25,425
Fees for Services Accounting-$23,035-$23,035
Office Expenses$3,814$7,017$9,382$20,213
Payroll Taxes$15,453$1,704$2,566$19,723
Fees for Service Investment Mgmnt Fees-$12,510-$12,510
Conferences and Meetings$1,555$6,285$2,299$10,139
Information Technology$68$6,827-$6,895
Insurance-$2,951-$2,951
Depreciation Depletion-$2,064-$2,064
Other Expenses$3,161$0$717$717
Total Functional Expenses$440,593$113,094$82,413$636,100

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$636,100
Expenses per Audited Statements$623,590
Total Expenses per Audited Statements$623,590
Expenses Not Reported on Financial Statements$12,510
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

After 990 is prepared, the draft 990 is shared with executive staff and executive board committee to review for accuracy. Submitted 990 will be presented to full board at next occurring board meeting.

Form 990, Part VI, Section B, Line 15

Annual end-of-year executive committee meeting to conduct review and to assess compensation package. Merit, market comparatives, and the organization's budget are all taken into account. Results are then considered by the executive committee and memorandum issued to confirm specifics.

Form 990, Part VI, Section C, Line 19

The governing documents and form 990 are available upon request at the organizations office.

FORM 990, PART VI, SECTION C, LINE 19:

Modified cash basis of accounting

Filing and Contact Details

Filer

Filer Name
Preservation Chicago
EIN
01-0674228
Phone
3124431000
Address
205 W MONROE 400, CHICAGO, IL 60606

Signing Officer

Name
Ward Miller
Title
Executive Director
Phone
7733348800
Signed
2025-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ward Miller
Formed
2002
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
5
Volunteers
10

Preparer

Firm
Mann Weitz & Associates LLC
Address
570 LAKE COOK ROAD SUITE 330, DEERFIELD, IL 60015
Preparer
Marcy Steindler
Phone
8472673400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Virtual reality project consultant: program service expenses 81,058. Management and general expenses 0. Fundraising expenses 0. Total expenses 81,058.

Financial Statement Notes

PART V, LINE 4:

The endowment fund was created in 2023 to provide long-term source of income/resources to preservation chicago to fund the costs of general operations. The finance committee of preservation chicago has adopted investment and spending policies for the endowment that align with the donor's wishes and attempt to provide a predictable stream of funding for operations while seeking to maintain the purchasing power of the endowment. Preservation chicago follows the spending parameters provided by the donor in the endowment agreement. The approved annual spending rate is $115,000 for the first year of the endowment and the greater of 5% of the endowment balance or $115,000 each year thereafter.

PART X, LINE 2:

The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. As of december 31, 2024, the organization had no uncertain tax positions that qualify for recognition or disclosure in the financial statements.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0PRESERVATION CHICAGO LEVERAGES THE POWER OF HISTORIC PRESERVATION TO CREATE HEALTHY COMMUNITIES.
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IRS990/Desc02024 PROVED TO BE REMARKABLE. MANY LONG-ENDANGERED BUILDINGS FINALLY EMERGED AS PRESERVATION 'WINS' THROUGH LANDMARKING. PRESERVATION CHICAGO HAS BEEN DEEPLY ENGAGED WITH MANY OF THESE LONG-TERM EFFORTS AND OUR LEADERSHIP AND INVOLVEMENT WITH THESE ADVOCACY EFFORTS PROVED DECISIVE. AFTER SO MANY YEARS OF EFFORT, TO FINALLY SEE THESE BUILDINGS IN A SAFE PLACE IS BOTH WONDERFULLY EXHILARATING AND PROVIDES AS PROFOUND SENSE OF RELIEF. A FEW HIGHLIGHTS INCLUDE: CENTURY & THE CONSUMERS BUILDING, THOMPSON CENTER, ST. ADALBERT PARISH COMPLEX, RECTOR BUILDING, WAX TRAX! RECORDS, 161 E. ERIE, HARRIS TRUST & SAVINGS BANK, KINGDOM BAPTIST CHURCH, HYDE PARK UNION CHURCH, WERNER BROTHERS STORAGE, RAMOVA THEATER, MARSHALL SQUARE THEATER, CONGRESS THEATER. MARS CHOCOLATE FACTORY, CRITTENTON ANCHORAGE, STOCK YARDS BANK, HUMBOLDT PARK RECEPTORY BUILDING AND STABLE, LUDLOW TYPOGRAPH COMPANY, AND MANY MORE.OUR INNOVATIVE LEVERAGED IMPACT ADVOCACY MODEL USES AMPLIFICATION AND PROTECTION TO CATALYZE THE TARGETED STRATEGIC INVESTMENT ESSENTIAL TO ALLOW OUR COMMUNITIES TO BEGIN TO HEAL. THIS DYNAMIC ADVOCACY MODEL HAS SUCCESSFULLY HARNESSED THE POWER OF HISTORIC PRESERVATION AND CATALYZED HUNDREDS OF MILLIONS OF DOLLARS OF PUBLIC AND PRIVATE INVESTMENT, PRIMARILY IN COMMUNITIES OF DISINVESTMENT. EVERYTHING WE DO IS PRO BONO.BY MOBILIZING WIDESPREAD GOODWILL THROUGH EXTENSIVE MEDIA COVERAGE, AND DEPLOYING ROBUST LANDMARK PROTECTIONS AGAINST DEMOLITION, WE CREATE THE STABILITY NECESSARY TO SECURE THE PUBLIC, PRIVATE AND PHILANTHROPIC FUNDING ESSENTIAL FOR CONVERTING LONG-NEGLECTED HISTORIC ASSETS INTO DYNAMIC NEIGHBORHOOD ANCHORS.STEP 1 - AMPLIFICATION: WE INFORMALLY PARTNER WITH THE PRESS. IN 2024, THERE WERE 428 NEWS STORIES ABOUT THE HISTORIC BUILDINGS WE ADVOCATED FOR AND WE WERE QUOTED OR MENTIONED IN 223 OF THESE STORIES.STEP 2 - PROTECTION: IN 2024, WE TESTIFIED OVER 106 TIMES AT CITY HALL MEETINGS TO HELP GENERATE 11 NEW CHICAGO LANDMARKS, TO SUPPORT ADOPT-A-LANDMARK AWARDS, AND TO SUPPORT CLASS L DESIGNATIONS.STEP 3 - INVESTMENT: WITHOUT GRANTMAKING CAPACITY OURSELVES, WE HARNESS MASSIVE MUNICIPAL AND PRIVATE INVESTMENT. IN 2024, CHICAGO ANNOUNCED AN $2.4M INVESTMENT THROUGH ADOPT-A-LANDMARK FUNDS. WE WERE DIRECTLY INVOLVED WITH ALL 3 OF THE SITES SELECTED.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01830755
IRS990/GrossSalesOfInventoryAmt02623
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06827
IRS990/InformationTechnologyGrp/ProgramServicesAmt068
IRS990/InformationTechnologyGrp/TotalAmt06895
IRS990/InsuranceGrp/ManagementAndGeneralAmt02951
IRS990/InsuranceGrp/TotalAmt02951
IRS990/InvestmentIncomeGrp/ExclusionAmt087493
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt087493
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt089984
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02311786
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014030
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015277
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013213
IRS990/LandBldgEquipCostOrOtherBssAmt027243
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THROUGHOUT THE CITY OF CHICAGO, PRESERVATION CHICAGO IS COMMITTED TO STRENGTHENING THE VIBRANCY OF CHICAGO'S ECONOMY AND QUALITY OF LIFE BY CHAMPIONING OUR HISTORIC BUILT ENVIRONMENT. PRESERVATION CHICAGO PROTECTS AND REVITALIZES CHICAGO'S IRREPLACEABLE ARCHITECTURE, NEIGHBORHOODS AND URBAN GREEN SPACES. WE INFLUENCE STAKEHOLDERS TOWARD CREATIVE REUSE AND PRESERVATION THROUGH ADVOCACY, OUTREACH, EDUCATION, AND PARTNERSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01383532
IRS990/NetAssetsOrFundBalancesEOYAmt02616687
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02117
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt02117
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt039006
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0233529
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0326576
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt04121
IRS990/OccupancyGrp/ManagementAndGeneralAmt06886
IRS990/OccupancyGrp/ProgramServicesAmt032969
IRS990/OccupancyGrp/TotalAmt043976
IRS990/OfficeExpensesGrp/FundraisingAmt09382
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07017
IRS990/OfficeExpensesGrp/ProgramServicesAmt03814
IRS990/OfficeExpensesGrp/TotalAmt020213
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03925
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02868
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt019719
IRS990/OtherEmployeeBenefitsGrp/TotalAmt026512
IRS990/OtherExpensesGrp/Desc0LIBRARY EXPENSES
IRS990/OtherExpensesGrp/Desc1GIFT EXPENSES
IRS990/OtherExpensesGrp/Desc2PUBLICATION EXPENSES
IRS990/OtherExpensesGrp/Desc3FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt03788
IRS990/OtherExpensesGrp/FundraisingAmt1717
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt020450
IRS990/OtherExpensesGrp/ProgramServicesAmt13161
IRS990/OtherExpensesGrp/TotalAmt020450
IRS990/OtherExpensesGrp/TotalAmt13788
IRS990/OtherExpensesGrp/TotalAmt23161
IRS990/OtherExpensesGrp/TotalAmt3717
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01347
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01347
IRS990/OtherRevenueTotalAmt01347
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt030666
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022117
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0158343
IRS990/OtherSalariesAndWagesGrp/TotalAmt0211126
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02566
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01704
IRS990/PayrollTaxesGrp/ProgramServicesAmt015453
IRS990/PayrollTaxesGrp/TotalAmt019723
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0WARD MILLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01577096
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt039283
IRS990/PYOtherExpensesAmt0130474
IRS990/PYOtherRevenueAmt0943
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01145401
IRS990/PYSalariesCompEmpBnftPaidAmt0341447
IRS990/PYTotalExpensesAmt0471921
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01617322
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01194149
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01164075
IRS990/SavingsAndTempCashInvstGrp/EOYAmt089711
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION: ENDOWMENT GRANT - 2ND AND FINAL PAYMENT DATE: 03/15/24 AMOUNT: 1150000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0589292
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0427096
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0397869
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0509317
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0316670
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02240244
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt087493
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt040868
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01593
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0130142
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt09687
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01347
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01214
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01247
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0558
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04366
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.33890
IRS990ScheduleA/PublicSupportPY170Pct00.35400
IRS990ScheduleA/PublicSupportTotal170Amt0804860
IRS990ScheduleA/SubstantialContributorsTotAmt01435384
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0589292
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0427096
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0397869
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0509317
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0316670
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02240244
IRS990ScheduleA/TotalSupportAmt02374752
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0123550
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01150003
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01150000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02285111
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0108658
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt033340
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01150000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01150003
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt033343
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt013213
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014030
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027243
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt012510
IRS990ScheduleD/ExpensesSubtotalAmt0623590
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt012510
IRS990ScheduleD/InvestmentExpensesNotIncldAmt012510
IRS990ScheduleD/NetUnrealizedGainsInvstAmt039006
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt039006
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt012510
IRS990ScheduleD/RevenueSubtotalAmt01817739
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUND WAS CREATED IN 2023 TO PROVIDE LONG-TERM SOURCE OF INCOME/RESOURCES TO PRESERVATION CHICAGO TO FUND THE COSTS OF GENERAL OPERATIONS. THE FINANCE COMMITTEE OF PRESERVATION CHICAGO HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR THE ENDOWMENT THAT ALIGN WITH THE DONOR'S WISHES AND ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR OPERATIONS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT. PRESERVATION CHICAGO FOLLOWS THE SPENDING PARAMETERS PROVIDED BY THE DONOR IN THE ENDOWMENT AGREEMENT. THE APPROVED ANNUAL SPENDING RATE IS $115,000 FOR THE FIRST YEAR OF THE ENDOWMENT AND THE GREATER OF 5% OF THE ENDOWMENT BALANCE OR $115,000 EACH YEAR THEREAFTER.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2024, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013213
IRS990ScheduleD/TotalExpensesPerForm990Amt0636100
IRS990ScheduleD/TotalRevenuePerForm990Amt01830249
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01856745
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0623590
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFTER 990 IS PREPARED, THE DRAFT 990 IS SHARED WITH EXECUTIVE STAFF AND EXECUTIVE BOARD COMMITTEE TO REVIEW FOR ACCURACY. SUBMITTED 990 WILL BE PRESENTED TO FULL BOARD AT NEXT OCCURRING BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL END-OF-YEAR EXECUTIVE COMMITTEE MEETING TO CONDUCT REVIEW AND TO ASSESS COMPENSATION PACKAGE. MERIT, MARKET COMPARATIVES, AND THE ORGANIZATION'S BUDGET ARE ALL TAKEN INTO ACCOUNT. RESULTS ARE THEN CONSIDERED BY THE EXECUTIVE COMMITTEE AND MEMORANDUM ISSUED TO CONFIRM SPECIFICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATIONS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VIRTUAL REALITY PROJECT CONSULTANT: PROGRAM SERVICE EXPENSES 81,058. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,058.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MODIFIED CASH BASIS OF ACCOUNTING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00

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