Civic Intelligence

Mansueto Foundation

990T • Fiscal year 2021 • EIN 27-1895175

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 19, 2023

Organization Profile
400 North Michigan Ave Suite 350Chicago, IL 60611

(312) 736-2528

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2020: $35,230,927Liabilities 2020: $0Net Assets 2020: $35,230,9272020Assets 2021: $41,876,451Liabilities 2021: $22,379Net Assets 2021: $41,854,0722021Assets 2022: $42,808,570Liabilities 2022: $0Net Assets 2022: $42,808,5702022Assets 2023: $44,021,065Liabilities 2023: $172,500Net Assets 2023: $43,848,5652023Assets 2024: $49,420,105Liabilities 2024: $0Net Assets 2024: $49,420,1052024

Latest loaded filing

2024

Assets$49,420,105
Liabilities$0
Net Assets$49,420,105
Open 2024 Filing

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2020: $10,357,177Expenses 2020: $6,686,450Net Income 2020: $3,670,7272020Revenue 2021: $17,191,361Expenses 2021: $10,580,473Net Income 2021: $6,610,8882021Revenue 2022: $10,720,254Expenses 2022: $11,339,271Net Income 2022: -$619,0172022Revenue 2023: $13,148,678Expenses 2023: $11,836,060Net Income 2023: $1,312,6182023Revenue 2024: $15,366,370Expenses 2024: $10,068,235Net Income 2024: $5,298,1352024

Latest loaded filing

2024

Revenue$15,366,370
Expenses$10,068,235
Net Income$5,298,135
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 19, 2023
Return Version
2021v4.3
Filing and Contact Details

Filer

Filer Name
Mansueto Foundation
EIN
27-1895175
Phone
3127362528
Address
400 NORTH MICHIGAN AVE SUITE 350, CHICAGO, IL 60611

Signing Officer

Name
Joseph D Mansueto
Title
President
Phone
7734772053
Signed
2023-07-19
Discuss with paid preparer
Yes

Preparer

Firm
Deloitte Tax Llp
Address
111 SOUTH WACKER DRIVE, CHICAGO, IL 60606
Preparer
Katherine Chang
Phone
3124861000
Raw XML Appendix66 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
IRS990T/AmendedReturnInd0X
IRS990T/BooksInCareOfDetail/PersonNm0MIKE IBERL
IRS990T/BooksInCareOfDetail/PhoneNum03127362528
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0400 NORTH MICHIGAN AVE SUITE 350
IRS990T/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd060611
IRS990T/BookValueAssetsEOYAmt041876451
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/ItmzdSupplementalInfoGrp/ExplanationTxt0TAXPAYER IS FILING AN AMENDED RETURN TO TRANSMIT FORM 8865, RETURN OF U.S. PERSONS WITH RESPECT TO CERTAIN FOREIGN PARTNERSHIPS THAT WERE NOT FILED WITH THE ORIGINALLY FILED RETURN. TAXPAYER ENGAGED DELOITTE TAX LLP ("DELOITTE TAX"), A PROFESSIONAL SERVICES FIRM, TO ASSIST TAXPAYER IN MEETINGS ITS TAX COMPLIANCE OBLIGATIONS. AS PART OF ITS ENGAGEMENT, DELOITTE TAX PREPARED AND ELECTRONICALLY TRANSMITTED TAXPAYER'S FORM 990-T AND RELATED FORMS, INCLUDING FORM 8865, RETURN OF U.S. PERSONS WITH RESPECT TO CERTAIN FOREIGN PARTNERSHIPS ON NOVEMBER 11TH 2022. DELOITTE TAX ELECTRONICALLY TRANSMITTED USING CCH AXCESS TAX, A THIRD-PARTY ELECTRONIC SOFTWARE APPLICATION OWNED BY WOLTERS KLUWER TAX & ACCOUNTING, NORTH AMERICA ("WOLTERS KLUWER"). ON NOVEMBER 11TH 2022, DELOITTE TAX RECEIVED CONFIRMATION THAT THE IRS ACCEPTED THE RETURN. UNBEKNOWNST TO DELOITTE TAX AND TAXPAYER, CCH AXCESS TAX FAILED TO TRANSMIT ALL FORMS ATTACHED TO TAXPAYER'S FORM 990-T, INCLUDING ITS FORM 8865, RETURN OF U.S. PERSONS WITH RESPECT TO CERTAIN FOREIGN PARTNERSHIPS. THIS CCH AXCESS TAX FAILURE WAS A SYSTEMATIC FAILURE THAT AFFECTED MANY TAXPAYERS. IN A CCH SOFTWARE NEWS, ON DECEMBER 16, 2022, WOLTERS KLUWER EMAILED CCH AXCESS TAX CUSTOMERS REGARDING THE SOFTWARE FAILURE (ATTACHMENT 1). ACCORDING TO WOLTERS KLUWER, WHEN TAX PRACTITIONERS FILED 2021 FORMS 990, 990-EZ, OR 990-PF AND ALSO FORM 990-T, CCH AXCESS TAX'S SOFTWARE POTENTIALLY FAILED TO TRANSMIT A NUMBER OF DIFFERENT FORMS AND, HERE, THE FAILURE WAS FOR FORM 8865, RETURN OF U.S. PERSONS WITH RESPECT TO CERTAIN FOREIGN PARTNERSHIPS. DELOITTE TAX LEARNED OF THIS FAILURE ON DECEMBER 16, 2022 WHEN WOLTERS KLUWER INFORMED DELOITTE TAX OF THE ISSUE. DELOITTE TAX IMMEDIATELY BEGAN DISCUSSING POTENTIAL SOLUTIONS TO THIS MATTER WITH WOLTERS KLUWER AND WOLTERS KLUWER ALSO DISCUSSED THE ISSUE WITH THE IRS. THE IRS HAS NOT CONTACTED THE TAXPAYER REGARDING ITS 2021 U.S. TAX RETURN OR FORM 8865, RETURN OF U.S. PERSONS WITH RESPECT TO CERTAIN FOREIGN PARTNERSHIPS; TAXPAYER IS AMENDING ITS RETURN TO INCLUDE THE MISSING FORM[S] OF ITS OWN VOLITION. THE AMENDED RETURN MAKES NO CHANGES TO THE TAXPAYER'S ORIGINAL RETURN NOR TO THE TAX LIABILITY REFLECTED ON THE ORIGINAL RETURN. FURTHERMORE, TAXPAYER IS FILING AN AMENDED RETURN WITH THE INTERNAL REVENUE SERVICE WITH RESPECT TO FORM 8865, RETURN OF U.S. PERSONS WITH RESPECT TO CERTAIN FOREIGN PARTNERSHIPS IN ACCORDANCE WITH THE DELINQUENT INTERNATIONAL INFORMATION RETURN SUBMISSION PROCEDURES (PROCEDURES") FOR TAXPAYERS SEEKING RELIEF FROM PENALTIES ASSOCIATED WITH THEIR DELINQUENT INTERNATIONAL INFORMATION RETURNS. IN ACCORDANCE WITH THE PROCEDURES, TAXPAYER HAS ATTACHED TO THIS AMENDED RETURN THE DELINQUENT INTERNATIONAL INFORMATION RETURNS, AS WELL AS A STATEMENT OF ALL FACTS ESTABLISHING REASONABLE CAUSE.
IRS990T/ItmzdSupplementalInfoGrp/LineNum08865
IRS990T/ItmzdSupplementalInfoGrp/PartNum0FORM
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OverpaymentSection/AppliedToESTaxAmt05000
IRS990T/OverpaymentSection/OverpaymentAmt05000
IRS990T/OverpaymentSection/RefundAmt00
IRS990T/PaidTaxLiabilityAmt00
IRS990T/PriorYearOverpaymentCreditAmt05000
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TotalDeductionAmt01000
IRS990T/TotalPaymentsAmt05000
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIComputedAmt00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH D MANSUETO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07734772053
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MANSUETO FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MANS
ReturnHeader/Filer/EIN0271895175
ReturnHeader/Filer/PhoneNum03127362528
ReturnHeader/Filer/USAddress/AddressLine1Txt0400 NORTH MICHIGAN AVE SUITE 350
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060611
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0861065772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DELOITTE TAX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 SOUTH WACKER DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060606
ReturnHeader/PreparerPersonGrp/PhoneNum03124861000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHERINE CHANG
ReturnHeader/ReturnTs02023-07-27T02:33:24-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOSEPH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MANSUETO
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
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Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$49.4$0.00$49.4$15.4$10.1$5.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.0$0.17$43.8$13.1$11.8$1.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.8$0.00$42.8$10.7$11.3$0.62
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.9$0.02$41.9$17.2$10.6$6.61
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.2$0.00$35.2$10.4$6.69$3.67