Civic Intelligence

Shimer College

990 • Fiscal year 2012 • EIN 36-2167921

Jul 01, 2011 to Jun 30, 2012 • Filed on May 15, 2013

Organization ProfileWWW.SHIMER.EDU

View Organization Page

3424 South State Street60616
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$5,389,286

Down $20,333 (-0.4%) from 2011

Net Assets

Up

$3,858,599

Up $1,908 (+0.0%) from 2011

Liabilities

Down

$1,530,687

Down $22,241 (-1.4%) from 2011

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$5,125,642

Up $423,854 (+9.0%) from 2011

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.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $4,768,080Liabilities 2010: $1,672,851Net Assets 2010: $3,095,2292010Assets 2011: $5,409,619Liabilities 2011: $1,552,928Net Assets 2011: $3,856,6912011Assets 2012: $5,389,286Liabilities 2012: $1,530,687Net Assets 2012: $3,858,5992012Assets 2013: $5,717,298Liabilities 2013: $1,664,411Net Assets 2013: $4,052,8872013Assets 2014: $6,116,385Liabilities 2014: $1,623,793Net Assets 2014: $4,492,5922014Assets 2015: $6,194,680Liabilities 2015: $1,604,677Net Assets 2015: $4,590,0032015Assets 2016: $6,129,641Liabilities 2016: $1,572,095Net Assets 2016: $4,557,5462016Assets 2017: $5,241,449Liabilities 2017: $389,271Net Assets 2017: $4,852,1782017Assets 2018: $4,983,393Liabilities 2018: $389,271Net Assets 2018: $4,594,1222018Assets 2019: $4,499,506Liabilities 2019: $0Net Assets 2019: $4,499,5062019Assets 2020: $489,269Liabilities 2020: $0Net Assets 2020: $489,2692020Assets 2021: $470,223Liabilities 2021: $0Net Assets 2021: $470,2232021Assets 2022: $424,935Liabilities 2022: $0Net Assets 2022: $424,9352022Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2012

Assets$5,389,286
Liabilities$1,530,687
Net Assets$3,858,599
Open 2012 Filing

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,672,2432010Expenses 2011: $4,701,7882011Expenses 2012: $5,125,6422012Expenses 2013: $4,704,8792013Revenue 2014: $4,070,175Expenses 2014: $4,202,880Net Income 2014: -$132,7052014Revenue 2015: $3,856,553Expenses 2015: $3,847,794Net Income 2015: $8,7592015Revenue 2016: $3,589,764Expenses 2016: $3,906,958Net Income 2016: -$317,1942016Revenue 2017: $3,644,915Expenses 2017: $3,363,459Net Income 2017: $281,4562017Revenue 2018: $4,001Expenses 2018: $65,826Net Income 2018: -$61,8252018Revenue 2019: $5,709Expenses 2019: $100,325Net Income 2019: -$94,6162019Revenue 2020: $493Expenses 2020: $3,352Net Income 2020: -$2,8592020Revenue 2021: $217Expenses 2021: $19,263Net Income 2021: -$19,0462021Revenue 2022: $202Expenses 2022: $45,490Net Income 2022: -$45,2882022Revenue 2024: $0Expenses 2024: $8,149Net Income 2024: -$8,1492024

Highlighted filing

2012

Revenue-
Expenses$5,125,642
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 15, 2013
Return Version
2011v1.5
Gross Receipts
$5,037,525
Mission and Program Overview

Mission

Shimer college formerly provided and preserved education centered on discussion of enduring questions and issues. Historically influential original sources were studied through socratic questioning in small seminar classes, following the kind of great books curriculum advocated by robert maynard hutchins. The core values informing education at shimer were free inquiry, dialog, critical open-mindedness, and integration of disciplines. The college offered all members of its community the opportunity to participate meaningfully in deciding the future of the institution. A shimer education demanded much of both the intellect and the character of students, and prepared them for responsible citizenship and the examined life. On june 1, 2017 north central college purchased most of liquid assets of shimer college and formed the shimer great books school.

Major Activities

Activity 2
Weekend Program: The Weekend Program meets every third weekend in Chicago and offers adult students the opportunity to pursue a first rate liberal arts education.Weekend students bring their varied life experience as business owners, homemakers, salespersons, carpenters, social workers, artists, writers and more to the octagonal tables around which Shimer's discussion classes convene. Together, people from all walks of life gather to read and discuss the most influential writings by the greatest minds in history.This is an ideal program for returning adult students: there is little disruption to their weekly schedule, but every third weekend brings an immersion in the experience of being not just a student, but a scholar among scholars. There are no lectures at Shimer, only facilitation of discussion, and students absorb the experiences and wisdom of their fellow students. Weekend program students live the college life one weekend in three. They come to class, share meals with their peers, and enjoy a break from their weekday responsibilities.The Core Curriculum immerses students in the major works, questions, and methods of the Western intellectual tradition, and accounts for about two-thirds of the coursework. The other third consists of elective courses that offer in-depth study in a particular subject or field. The discussion of primary texts, in classes of 12 students or fewer, offers a unique environment for intellectual and personal growth, and fosters engaged, independent, and careful thinkers.The Core consists of required classes in:-Humanities-Natural Sciences-Social Sciences-Integrative StudiesWeekend Program student enrollment was 9 students.
Activity 3
Auxilliary Services - student services and housing.
Filing and Contact Details

Filer

EIN
36-2167921
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IRS990/MissionDescription0Shimer College provides and preserves education centered on discussion of enduring questions and issues. Historically influential original sources are studied through Socratic questioning in small seminar classes, following the kind of Great Books curriculum advocated by Robert Maynard Hutchins. The core values informing education at Shimer are free inquiry, dialog, critical open-mindedness, and integration of disciplines. The College offers all members of its community the opportunity to participate meaningfully in deciding the future of the institution. A Shimer education demands much of both the intellect and the character of students, and prepares them for responsible citizenship and the examined life.
IRS990/MoreThan5000KToIndividuals00
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IRS990/MortNotesPyblSecuredInvestProp/EOY0590000
IRS990/NameOfForeignCountry0UK
IRS990/NameOfPrincipalOfficerPerson0Susan Henking
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IRS990/NbrVotingMembersGoverningBody023
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IRS990/NonDeductibleContributions00
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IRS990/NumberOfContractorsGT100K01
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IRS990/NumberW2GIncluded00
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IRS990/Occupancy/ManagementAndGeneral071303
IRS990/Occupancy/ProgramServices0251821
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IRS990/OfficeExpenses/ManagementAndGeneral012113
IRS990/OfficeExpenses/ProgramServices0147806
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IRS990/OtherExpenses/Description0Auxiliary Expense
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Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$5,389,286
Liabilities
$1,530,687
Net assets
$3,858,599
Revenue
-
Expenses
$5,125,642
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.01$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.00$0.05$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.00$0.02$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$4.50$0.00$4.50$0.01$0.10$0.09
2018Detailed filing. Detailed filing data is available for this year.$4.98$0.39$4.59$0.00$0.07$0.06
2017Detailed filing. Detailed filing data is available for this year.$5.24$0.39$4.85$3.64$3.36$0.28
2016Detailed filing. Detailed filing data is available for this year.$6.13$1.57$4.56$3.59$3.91$0.32
2015Detailed filing. Detailed filing data is available for this year.$6.19$1.60$4.59$3.86$3.85$0.01
2014Detailed filing. Detailed filing data is available for this year.$6.12$1.62$4.49$4.07$4.20$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.72$1.66$4.05$4.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.39$1.53$3.86$5.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.41$1.55$3.86$4.70
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.77$1.67$3.10$4.67