Civic Intelligence

Copernicus Foundation

990 • Fiscal year 2015 • EIN 23-7164993

Jan 01, 2015 to Dec 31, 2015 • Filed on May 12, 2016

Organization ProfileN/A
5216 W Lawrence AveChicago, IL 60630

(773) 777-8898

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.08x

Higher debt load relative to assets than 47% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

58th percentile

0.17x

Higher debt load relative to revenue than 58% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

79th percentile

20%

Higher net margin than 79% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$3,566,594

Up $276,084 (+8.4%) from 2011

Net Assets

Up

$3,263,758

Up $622,942 (+24%) from 2011

Liabilities

Down

$302,836

Down $346,858 (-53%) from 2011

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin79th percentile

Revenue

$1,820,082

No earlier filing loaded for comparison.

Expenses

Up

$1,449,909

Up $711,360 (+96%) from 2011

Net Income

$370,173

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $3,290,510Liabilities 2011: $649,694Net Assets 2011: $2,640,8162011Assets 2015: $3,566,594Liabilities 2015: $302,836Net Assets 2015: $3,263,7582015Assets 2016: $3,985,703Liabilities 2016: $379,350Net Assets 2016: $3,606,3532016Assets 2017: $4,285,517Liabilities 2017: $502,587Net Assets 2017: $3,782,9302017Assets 2018: $4,179,754Liabilities 2018: $389,142Net Assets 2018: $3,790,6122018Assets 2019: $3,944,744Liabilities 2019: $159,806Net Assets 2019: $3,784,9382019Assets 2020: $4,153,085Liabilities 2020: $167,711Net Assets 2020: $3,985,3742020Assets 2021: $5,318,682Liabilities 2021: $144,823Net Assets 2021: $5,173,8592021Assets 2022: $5,420,388Liabilities 2022: $155,826Net Assets 2022: $5,264,5622022Assets 2023: $5,043,694Liabilities 2023: $163,923Net Assets 2023: $4,879,7712023Assets 2024: $4,897,350Liabilities 2024: $201,334Net Assets 2024: $4,696,0162024

Highlighted filing

2015

Assets$3,566,594
Liabilities$302,836
Net Assets$3,263,758
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $738,5492011Revenue 2015: $1,820,082Expenses 2015: $1,449,909Net Income 2015: $370,1732015Revenue 2016: $1,988,563Expenses 2016: $1,645,968Net Income 2016: $342,5952016Revenue 2017: $1,919,910Expenses 2017: $1,743,333Net Income 2017: $176,5772017Revenue 2018: $1,876,394Expenses 2018: $1,868,712Net Income 2018: $7,6822018Revenue 2019: $1,976,783Expenses 2019: $1,982,457Net Income 2019: -$5,6742019Revenue 2020: $1,443,368Expenses 2020: $1,242,932Net Income 2020: $200,4362020Revenue 2021: $2,499,848Expenses 2021: $1,311,363Net Income 2021: $1,188,4852021Revenue 2022: $2,344,819Expenses 2022: $2,194,144Net Income 2022: $150,6752022Revenue 2023: $1,861,686Expenses 2023: $2,308,628Net Income 2023: -$446,9422023Revenue 2024: $1,785,059Expenses 2024: $2,064,016Net Income 2024: -$278,9572024

Highlighted filing

2015

Revenue$1,820,082
Expenses$1,449,909
Net Income$370,173
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 12, 2016
Return Version
2015v2.0
Gross Receipts
$2,421,479
Mission and Program Overview

Mission

The copernicus foundation was charted to serve the metropolitan chicago area as a major civic, cultural, educational, recreational and entertainment resource

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,574,173$2,881,308▲ $307,135
Cash and Non-Interest-Bearing Accounts$352,127$230,540▼ $121,587
Savings and Temporary Cash Investments$248,183$198,668▼ $49,515
Pledges and Grants Receivable-$185,440-
Inventories for Sale or Use$18,816$33,875▲ $15,059
Accounts Receivable$19,321$26,309▲ $6,988
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,212,620$3,566,594▲ $353,974
Other Assets Total-$10,454-
Liabilities
Deferred Revenue$30,949$107,704▲ $76,755
Other Liabilities$60,608$86,103▲ $25,495
Mortgage Notes Payable Secured by Investment Property$190,523$81,630▼ $108,893
Accounts Payable and Accrued Expenses$36,955$27,399▼ $9,556
Total Liabilities$319,035$302,836▼ $16,199
Net Assets / Fund Balance
Unrestricted Net Assets$2,893,585$3,263,758▲ $370,173
Total Net Assets Fund Balance$2,893,585$3,263,758▲ $370,173
Total Liabilities and Net Assets / Fund Balance$3,212,620$3,566,594▲ $353,974

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,887,070$2,058,421$3,945,491
Buildings$330,151$315,951$646,102
Land$619,378-$619,378
Equipment$43,112$158,163$201,275
Other Land Buildings$1,597$89,702$91,299
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Hurbert CioromskiPresident
John WojciechowskiVice President
Agata PalecznyDirector
Mariusz MikodaDirector
Gregg KobelinskiExecutive Director
Lester WojcinowiczSecretary
Ted PrzybyloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$43,554
Program Service Revenue
$1,235,285
Investment Income
$487
Other Revenue
$540,756
All Other Contributions
$41,429
Change in Net Assets
$370,173

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,820,082
Revenue Not Reported on Form 990
$601,397
Total Revenue per Audited Statements
$2,421,479
Total Revenue per Form 990
$1,820,082
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$839,698
Salaries, Compensation, and Employee Benefits$520,553
Grants and Similar Amounts Paid$89,658
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$234,727$148,014-$382,741
All Other Expenses$74,138$80,360-$154,498
Depreciation Depletion$113,420$6,248-$119,668
Current Officers, Directors, Trustees, and Key Employees$58,702$37,016-$95,718
Foreign Grants$89,658--$89,658
Other Expenses$57,624$7,583-$65,207
Occupancy$60,952--$60,952
Insurance-$47,676-$47,676
Payroll Taxes$25,816$16,278-$42,094
Fees for Services Accounting-$7,500-$7,500
Interest$6,376--$6,376
Office Expenses-$1,635-$1,635
Travel-$1,304-$1,304
Fees for Services Legal-$844-$844
Total Functional Expenses$1,046,398$403,511$0$1,449,909

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,051,306
Expenses per Audited Statements$1,449,909
Total Expenses per Form 990$1,449,909
Expenses Not Reported on Form 990$601,397
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$852,784
Fundraising Direct Expenses$601,397
Gaming Gross Income$9,347
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Taste of Polonia$678,047$678,047$521,301$156,746
Other$174,737$174,737$80,096$94,641
Total Events$852,784$852,784$601,397$251,387
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Lester WojcinowiczDirectorCapital ImprovementsNo$284,655
Walter PrzybyAdvisory DirCleaning and MainNo$19,380

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Theater Rental Deposits$86,103
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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, Line 11B: Form 990 Review Process

“The form 990 is reviewed and signed by the managing director. The board of directors has given the managing director the authority to sign the tax return. The board of directors subsequently receives a copy of the 990.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The board discusses and monitors regularly”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Annual salary increases are submitted to the board for approval.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Copernicus Foundation
EIN
23-7164993
Phone
7737778898
Address
5216 W LAWRENCE AVE, CHICAGO, IL 60630

Signing Officer

Name
Gregg Kobelinski
Title
Executive Director
Signed
2016-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hurbert Cioromski
Formed
1971
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
9
Employees
38
Volunteers
10

Preparer

Firm
Evolve Accounting & Business Services Inc
Address
4004 N Highland Ave, Arlington Heights, IL 60004
Preparer
Michael Sieczkowski
Phone
8472937627
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

“BAD DEBT: Column (A) - Total = $1364; Column (B) - Program Services = $1364; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“BANK FEES: Column (A) - Total = $35189; Column (B) - Program Services = $0; Column (C) - Management & General = $35189; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“DONATIONS: Column (A) - Total = $10413; Column (B) - Program Services = $0; Column (C) - Management & General = $10413; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“EQUIPMENT RENTAL: Column (A) - Total = $6824; Column (B) - Program Services = $6824; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“INTERNET: Column (A) - Total = $9154; Column (B) - Program Services = $0; Column (C) - Management & General = $9154; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MEALS AND ENTERAINMENT: Column (A) - Total = $5365; Column (B) - Program Services = $0; Column (C) - Management & General = $5365; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MISCELLANEOUS: Column (A) - Total = $6901; Column (B) - Program Services = $1380; Column (C) - Management & General = $5521; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Printing and Publications: Column (A) - Total = $3657; Column (B) - Program Services = $0; Column (C) - Management & General = $3657; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“TAXES AND LICENSE: Column (A) - Total = $64570; Column (B) - Program Services = $64570; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“TELEPHONE: Column (A) - Total = $11061; Column (B) - Program Services = $0; Column (C) - Management & General = $11061; Column (D) - Fundraising = $0”

Financial Statement Notes

Part X : FIN48 Footnote

“The foundation is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and is not considered to be a private foundation. It is also required to recognize or derecognize in its financial statements positions taken or expected to be taken in a tax return on a "more likely than not" threshold. The foundation does not believe its financial statements include any uncertain tax positions. The foundation's income tax filings for the years 2012 and thereafter remain subject to examination by the internal revenue service.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Special events expenses $601397”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Special events expenses $601397”

Raw XML AppendixShowing 400 of 550 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt036955
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt027399
IRS990/AccountsReceivableGrp/BOYAmt019321
IRS990/AccountsReceivableGrp/EOYAmt026309
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE COPERNICUS FOUNDATION WAS CHARTED TO SERVE THE METROPOLITAN CHICAGO AREA AS A MAJOR CIVIC, CULTURAL, EDUCATIONAL, RECREATIONAL AND ENTERTAINMENT RESOURCE
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt041429
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt080360
IRS990/AllOtherExpensesGrp/ProgramServicesAmt074138
IRS990/AllOtherExpensesGrp/TotalAmt0154498
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0GREGG KOBELINSKI
IRS990/BooksInCareOfDetail/PhoneNum07737778898
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05216 W LAWRENCE AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060630
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0352127
IRS990/CashNonInterestBearingGrp/EOYAmt0230540
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt037016
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt058702
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt095718
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt0148014
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt0234727
IRS990/CompDisqualPersonsGrp/TotalAmt0382741
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt043554
IRS990/CYGrantsAndSimilarPaidAmt089658
IRS990/CYInvestmentIncomeAmt0487
IRS990/CYOtherExpensesAmt0839698
IRS990/CYOtherRevenueAmt0540756
IRS990/CYProgramServiceRevenueAmt01235285
IRS990/CYRevenuesLessExpensesAmt0370173
IRS990/CYSalariesCompEmpBnftPaidAmt0520553
IRS990/CYTotalExpensesAmt01449909
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01820082
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt030949
IRS990/DeferredRevenueGrp/EOYAmt0107704
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06248
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0113420
IRS990/DepreciationDepletionGrp/TotalAmt0119668
IRS990/Desc0THE ORGANIZATON PROVIDES ARTS AND PROGRAMMING SUCH AS FOREIGN AND ENGLISH LANGUAGE CLASSES, COMMUNITY INFORMATION, SEMINARS AND VINTAGE MOVIES AND PROVIDES A CIVIC CENTER FOR ETHNIC AND AMERICAN EXHIBITIONS AND ACTIVITIES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt038
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt01046398
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07500
IRS990/FeesForServicesAccountingGrp/TotalAmt07500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0844
IRS990/FeesForServicesLegalGrp/TotalAmt0844
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt089658
IRS990/ForeignGrantsGrp/TotalAmt089658
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt635.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0HURBERT CIOROMSKI
IRS990/Form990PartVIISectionAGrp/PersonNm1LESTER WOJCINOWICZ
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN WOJCIECHOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm3AGATA PALECZNY
IRS990/Form990PartVIISectionAGrp/PersonNm4MARIUSZ MIKODA
IRS990/Form990PartVIISectionAGrp/PersonNm5TED PRZYBYLO
IRS990/Form990PartVIISectionAGrp/PersonNm6GREGG KOBELINSKI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt0601397
IRS990/FundraisingGrossIncomeAmt0852784
IRS990/GamingActivitiesInd0false
IRS990/GamingGrossIncomeAmt09347
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02421479
IRS990/GrossRentsGrp/RealAmt083044
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt047676
IRS990/InsuranceGrp/TotalAmt047676
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt06376
IRS990/InterestGrp/TotalAmt06376
IRS990/InventoriesForSaleOrUseGrp/BOYAmt018816
IRS990/InventoriesForSaleOrUseGrp/EOYAmt033875
IRS990/InvestmentIncomeGrp/ExclusionAmt0487
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0487
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02622237
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02574173
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02881308
IRS990/LandBldgEquipCostOrOtherBssAmt05503545
IRS990/LegalDomicileStateCd0IL
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt02125
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE COPERNICUS FOUNDATION WAS CHARTED TO SERVE THE METROPOLITAN CHICAGO AREA AS A MAJOR CIVIC, CULTURAL, EDUCATIONAL, RECREATIONAL AND ENTERTAINMENT RESOURCE
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0190523
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt081630
IRS990/NetAssetsOrFundBalancesBOYAmt02893585
IRS990/NetAssetsOrFundBalancesEOYAmt03263758
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0251387
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt09347
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt09347
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt083044
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt083044
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt060952
IRS990/OccupancyGrp/TotalAmt060952
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01635
IRS990/OfficeExpensesGrp/TotalAmt01635
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt010454
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2CONCESSIONS
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt041315
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17738
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27583
IRS990/OtherExpensesGrp/ProgramServicesAmt0140491
IRS990/OtherExpensesGrp/ProgramServicesAmt193154
IRS990/OtherExpensesGrp/ProgramServicesAmt291340
IRS990/OtherExpensesGrp/ProgramServicesAmt357624
IRS990/OtherExpensesGrp/TotalAmt0181806
IRS990/OtherExpensesGrp/TotalAmt1100892
IRS990/OtherExpensesGrp/TotalAmt291340
IRS990/OtherExpensesGrp/TotalAmt365207
IRS990/OtherLiabilitiesGrp/BOYAmt060608
IRS990/OtherLiabilitiesGrp/EOYAmt086103
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0196978
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0196978
IRS990/OtherRevenueTotalAmt0196978
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016278
IRS990/PayrollTaxesGrp/ProgramServicesAmt025816
IRS990/PayrollTaxesGrp/TotalAmt042094
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0185440
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0HURBERT CIOROMSKI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0THEATER AND HALL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01235285
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01235285
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt037660
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt083669
IRS990/PYInvestmentIncomeAmt0496
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0791229
IRS990/PYOtherRevenueAmt0308848
IRS990/PYProgramServiceRevenueAmt01082133
IRS990/PYRevenuesLessExpensesAmt0114692
IRS990/PYSalariesCompEmpBnftPaidAmt0439547
IRS990/PYTotalExpensesAmt01314445
IRS990/PYTotalRevenueAmt01429137
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0370173
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt083044
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0248183
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0198668
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt043554
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt037660
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt014600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt048803
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0206355
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0350972
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt083531
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt079845
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt080462
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt072948
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt074270
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0391056
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02097411
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01887171
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01910287
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01438938
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01292909
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08626716
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt083531
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt079845
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt080462
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt072948
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt074270
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0391056
IRS990ScheduleA/InvestmentIncomeCYPct00.04070
IRS990ScheduleA/InvestmentIncomePYPct00.04490
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0196978
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt013930
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt013788
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt07951
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt011290
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0243937
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93390
IRS990ScheduleA/PublicSupportPY509Pct00.94790
IRS990ScheduleA/PublicSupportTotal509Amt08977688
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02140965
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01924831
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01924887
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01487741
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01499264
IRS990ScheduleA/Total509Grp/TotalAmt08977688
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02421474
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02018606
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02019137
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01568640
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01584824
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09612681
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0330151
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0315951
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0646102
IRS990ScheduleD/EquipmentGrp/BookValueAmt043112
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0158163
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0201275
IRS990ScheduleD/ExpensesNotReportedAmt0601397
IRS990ScheduleD/ExpensesSubtotalAmt01449909
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0619378
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0619378
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01887070
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02058421
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03945491
IRS990ScheduleD/OtherExpensesIncludedAmt0601397
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01597
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt089702
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt091299
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt086103
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0THEATER RENTAL DEPOSITS
IRS990ScheduleD/OtherRevenueAmt0601397
IRS990ScheduleD/RevenueNotReportedAmt0601397
IRS990ScheduleD/RevenueSubtotalAmt01820082
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. IT IS ALSO REQUIRED TO RECOGNIZE OR DERECOGNIZE IN ITS FINANCIAL STATEMENTS POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN ON A "MORE LIKELY THAN NOT" THRESHOLD. THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE FOUNDATION'S INCOME TAX FILINGS FOR THE YEARS 2012 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENTS EXPENSES $601397
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENTS EXPENSES $601397
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,566,594
Liabilities
$302,836
Net assets
$3,263,758
Revenue
$1,820,082
Expenses
$1,449,909
Net income
$370,173
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$0.20$4.70$1.79$2.06$0.28
2023Detailed filing. Detailed filing data is available for this year.$5.04$0.16$4.88$1.86$2.31$0.45
2022Detailed filing. Detailed filing data is available for this year.$5.42$0.16$5.26$2.34$2.19$0.15
2021Detailed filing. Detailed filing data is available for this year.$5.32$0.14$5.17$2.50$1.31$1.19
2020Detailed filing. Detailed filing data is available for this year.$4.15$0.17$3.99$1.44$1.24$0.20
2019Detailed filing. Detailed filing data is available for this year.$3.94$0.16$3.78$1.98$1.98$0.01
2018Detailed filing. Detailed filing data is available for this year.$4.18$0.39$3.79$1.88$1.87$0.01
2017Detailed filing. Detailed filing data is available for this year.$4.29$0.50$3.78$1.92$1.74$0.18
2016Detailed filing. Detailed filing data is available for this year.$3.99$0.38$3.61$1.99$1.65$0.34
2015Detailed filing. Detailed filing data is available for this year.$3.57$0.30$3.26$1.82$1.45$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.29$0.65$2.64$0.74