Civic Intelligence

The Great Books Foundation

990 • Fiscal year 2015 • EIN 36-2182034

Jul 01, 2014 to Jun 30, 2015 • Filed on Mar 15, 2016

Organization ProfileWWW.GREATBOOKS.ORG

View Organization Page

35 E Wacker Drive No 400Chicago, IL 60601

(312) 332-5870

Siviq Scores

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

Liabilities / Assets

44th percentile

0.13x

Higher debt load relative to assets than 44% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

44th percentile

0.15x

Higher debt load relative to revenue than 44% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

9th percentile

-30%

Higher net margin than 9% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

47th percentile

$113,236

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

3rd percentile

-25%

Faster asset growth than 3% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

11th percentile

-27%

Faster revenue growth than 11% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$5,446,972

Down $1,817,976 (-25%) from 2014

Net Assets

Down

$4,726,468

Down $1,618,625 (-26%) from 2014

Liabilities

Down

$720,504

Down $199,351 (-22%) from 2014

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin9th percentile

Revenue

Down

$4,963,071

Down $1,805,256 (-27%) from 2014

Expenses

Down

$6,454,452

Down $3,531 (-0.1%) from 2014

Net Income

Down

-$1,491,381

Down $1,801,725 (-581%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $5,542,680Liabilities 2012: $762,442Net Assets 2012: $4,780,2382012Assets 2013: $6,810,651Liabilities 2013: $986,455Net Assets 2013: $5,824,1962013Assets 2014: $7,264,948Liabilities 2014: $919,855Net Assets 2014: $6,345,0932014Assets 2015: $5,446,972Liabilities 2015: $720,504Net Assets 2015: $4,726,4682015Assets 2016: $4,450,551Liabilities 2016: $769,033Net Assets 2016: $3,681,5182016Assets 2017: $4,058,796Liabilities 2017: $1,370,519Net Assets 2017: $2,688,2772017Assets 2018: $3,254,315Liabilities 2018: $1,151,155Net Assets 2018: $2,103,1602018Assets 2019: $3,008,427Liabilities 2019: $1,165,612Net Assets 2019: $1,842,8152019Assets 2020: $2,502,117Liabilities 2020: $1,575,585Net Assets 2020: $926,5322020Assets 2021: $3,063,168Liabilities 2021: $1,730,730Net Assets 2021: $1,332,4382021Assets 2022: $2,884,980Liabilities 2022: $1,836,463Net Assets 2022: $1,048,5172022Assets 2023: $2,766,330Liabilities 2023: $778,734Net Assets 2023: $1,987,5962023Assets 2024: $2,108,447Liabilities 2024: $751,179Net Assets 2024: $1,357,2682024

Highlighted filing

2015

Assets$5,446,972
Liabilities$720,504
Net Assets$4,726,468
Open 2015 Filing

Operations Trend

Revenue Growth11th percentile

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

$10M$5.0M$0-$5.0MExpenses 2012: $6,079,0082012Expenses 2013: $6,482,9802013Revenue 2014: $6,768,327Expenses 2014: $6,457,983Net Income 2014: $310,3442014Revenue 2015: $4,963,071Expenses 2015: $6,454,452Net Income 2015: -$1,491,3812015Revenue 2016: $4,407,979Expenses 2016: $5,357,545Net Income 2016: -$949,5662016Revenue 2017: $3,715,766Expenses 2017: $4,610,224Net Income 2017: -$894,4582017Revenue 2018: $3,442,267Expenses 2018: $4,033,763Net Income 2018: -$591,4962018Revenue 2019: $3,416,797Expenses 2019: $3,679,521Net Income 2019: -$262,7242019Revenue 2020: $2,425,160Expenses 2020: $3,355,593Net Income 2020: -$930,4332020Revenue 2021: $3,289,304Expenses 2021: $3,006,600Net Income 2021: $282,7042021Revenue 2022: $3,453,370Expenses 2022: $3,603,035Net Income 2022: -$149,6652022Revenue 2023: $4,423,932Expenses 2023: $3,518,488Net Income 2023: $905,4442023Revenue 2024: $2,598,890Expenses 2024: $3,243,499Net Income 2024: -$644,6092024

Highlighted filing

2015

Revenue$4,963,071
Expenses$6,454,452
Net Income-$1,491,381
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 15, 2016
Return Version
2014v6.0
Gross Receipts
$7,485,305
Mission and Program Overview

Mission

The mission of the great books foundation is to advance the critical, reflective thinking, and social and civic engagement of readers of all ages through shared inquiry discussion of works and ideas of enduring value.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,012,385$2,887,424▼ $124,961
Inventories for Sale or Use$889,862$866,317▼ $23,545
Accounts Receivable$790,960$398,982▼ $391,978
Prepaid Expenses and Deferred Charges$248,080$245,556▼ $2,524
Cash and Non-Interest-Bearing Accounts$516,009$215,269▼ $300,740
Land, Buildings, and Equipment, Net$140,970$106,973▼ $33,997
Savings and Temporary Cash Investments$1,032,715$47,766▼ $984,949
Total Assets$7,264,948$5,446,972▼ $1,817,976
Other Assets Total$633,967$678,685▲ $44,718
Liabilities
Accounts Payable and Accrued Expenses$594,247$416,999▼ $177,248
Other Liabilities$227,476$187,867▼ $39,609
Deferred Revenue$98,132$115,638▲ $17,506
Total Liabilities$919,855$720,504▼ $199,351
Net Assets / Fund Balance
Unrestricted Net Assets$6,241,593$4,644,968▼ $1,596,625
Temporarily Rstr Net Assets$103,500$81,500▼ $22,000
Total Net Assets Fund Balance$6,345,093$4,726,468▼ $1,618,625
Total Liabilities and Net Assets / Fund Balance$7,264,948$5,446,972▼ $1,817,976

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,424$258,305$288,729
Leasehold Improvements$76,549$196,947$273,496
Other Assets Org$678,685--
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mitchell GurfieldSales RepresentativeFT$105,904$7,332$113,236
Peter WaltonVice-president & CFOFT$90,465$20,497$110,962
George SchueppertPresident & CEO (through 8/10/14), DirectorFT$61,611$9,793$71,404
Joseph CoulsonPresident & CEOFT$59,134$846$59,980

Board Members and Trustees

NameTitle
James M ReumChairman
Charles Brummell JrVice-chairman
Alex J PollockDirector
Barbara BowmanDirector
Carole AmesDirector
David W CurdDirector
Donald StatlandDirector
Dr Mary Beth HerrmannDirector
FRANK D O'CONNORDirector
Glenn W McgeeDirector
Jane C HuntDirector
Kevin ConlonDirector
Marcia Wachs DamDirector
Mareile CusackDirector
Mehul PatelDirector
Paul BartonDirector
Paula DuffyDirector
Roy LipnerDirector
Sheldon SteinDirector
William LawlorDirector
James W HaughLife Director
Michael IgoeLife Director

Highest Paid Contractors

ContractorServicesLocationCompensation
Christopher MichaelsSales & Training1442 WINDSOR STREET, Ashland, OR 87520$102,059
Revenue and Support

Revenue Composition

Contributions and Grants
$195,275
Program Service Revenue
$1,410,062
Investment Income
$218,931
Other Revenue
$3,138,803
All Other Contributions
$170,275
Change in Net Assets
$-1,491,381

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,948,684
Revenue Not Reported on Financial Statements
$14,387
Revenue Not Reported on Form 990
$-127,244
Total Revenue per Audited Statements
$4,821,440
Total Revenue per Form 990
$4,963,071
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,076,039
Other Expenses$2,378,413
Total Fundraising Expense$146,673
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,850,702$231,417$76,595$3,158,714
Occupancy$558,045$55,805$6,201$620,051
Travel$466,078$3,256-$469,334
Other Employee Benefits$339,170$46,954$14,054$400,178
Office Expenses$344,418$34,442$3,827$382,687
Advertising$303,668--$303,668
Current Officers, Directors, Trustees, and Key Employees$74,972$150,600$39,472$265,044
Payroll Taxes$227,520$18,470$6,113$252,103
Fees for Services Other$147,204$38,020-$185,224
Conferences and Meetings$55,669$11,270-$66,939
Other Expenses$48,259$15,356-$48,259
Depreciation Depletion$43,611$4,313-$47,924
Insurance$40,213$4,468-$44,681
Information Technology$36,955$3,695$411$41,061
Fees for Services Accounting-$37,800-$37,800
All Other Expenses$15,977$2,122-$18,099
Fees for Service Investment Mgmnt Fees-$14,387-$14,387
Fees for Services Legal-$12,053-$12,053
Total Functional Expenses$5,623,351$684,428$146,673$6,454,452

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,454,452
Expenses per Audited Statements$6,440,065
Total Expenses per Audited Statements$6,440,065
Expenses Not Reported on Financial Statements$14,387
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$6,643

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificTeacher TrainingTeacher Training00$6,223
East Asia and the PacificProgram Service RevenueSales of Inventory and Training Course Revenue00$420
North AmericaTeacher TrainingTeacher Training00-
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent Abatement$187,867
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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, Section B, Line 11

“The board retains the services of an independent cpa firm to prepare the organization's form 990. The board appointed audit committee has at least three (3) members who meet the for profit test of having qualified financial experience. The audit committee reviews the audit and the tax return and reports to the board. Copies of the audit and tax return are provided to the board members.”

Form 990, Part VI, Section B, Line 12C

“Annually, the board members are required to submit a signed conflict of interest form to the chairman of the audit committee. The chairman reviews the forms and refers any stated conflicts to the audit committee. Upon disclosure of an actual or possible conflict of interest, disclosure shall be made in writing to the chairman of the audit committee of the board of directors and to the president of the foundation. The audit committee shall maintain a permanent record of all conflict of interest disclosures. Following full disclosure of a possible conflict of interest, including any condition listed above, the audit committee shall consider whether a conflict of interest exists. The committee may authorize or reject the conflicting condition or take any other action deemed necessary. A director involved in the conflicting situation may not take part in the committee's deliberations or participate in the vote. However, the person with the potential conflict may be present to provide clarifying information unless objected to by any present director.”

Form 990, Part VI, Section B, Line 15

“Compensation for all employees, including the president, is approved by the board within the annual budget. The president's salary, when established and adjusted, would be compared to local salary surveys of nfp organizations of similar size and of educational administrators of small to medium districts or colleges. A separate approval by the board is made for any payments to the employees' retirement plan.”

Form 990, Part VI, Section C, Line 19

“The foundation indicates on its web site that copies of the 990 and other relevant documents are available, upon request, from the foundation.”

Filing and Contact Details

Filer

Filer Name
The Great Books Foundation
EIN
36-2182034
Phone
3123325870
Address
35 E WACKER DRIVE NO 400, CHICAGO, IL 60601

Signing Officer

Name
Joseph Coulson
Title
Chief Executive Officer
Phone
3123325870
Signed
2016-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Coulson
Formed
1947
Legal Domicile
Il
Voting Board Members
24
Independent Board Members
22
Employees
61
Volunteers
22

Preparer

Firm
Plante & Moran Pllc
Address
10 S RIVERSIDE PLAZA 9TH FLOOR, CHICAGO, IL 60606
Preparer
Kimberly a Haumann
Phone
3122071040
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the foundation and recognize a tax liability if the foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the irs or other applicable taxing authorities. Management has analyzed the tax positions taken by the foundation and has concluded that as of june 30, 2015 and 2014, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2012.”

Raw XML AppendixShowing 400 of 670 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.

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IRS990/ActivityOrMissionDesc0THE MISSION OF THE GREAT BOOKS FOUNDATION IS TO ADVANCE THE CRITICAL, REFLECTIVE THINKING, AND SOCIAL AND CIVIC ENGAGEMENT OF READERS OF ALL AGES THROUGH SHARED INQUIRY DISCUSSION OF WORKS AND IDEAS OF ENDURING VALUE.
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IRS990/Desc0IN KEEPING WITH THE FOUNDATION'S MISSION, THE GREAT BOOKS K-12 PROGRAM PROVIDES STRONG, INQUIRY-BASED LANGUAGE ARTS PROGRAMS FOR GRADES K-12 THAT IMPROVE STUDENTS' ACHIEVEMENT IN READING COMPREHENSION, CRITICAL THINKING, WRITING AND SPEAKING AND LISTENING. GREAT BOOKS PROGRAMS COMBINE CLASSROOM MATERIALS AND THE SHARED INQUIRY TM METHOD OF LEARNING TO PROVIDE THE ESSENTIAL ELEMENTS STUDENTS NEED TO MEET AND SURPASS THE GOALS OF THE COMMON CORE STATE STANDARDS FOR ENGLISH LANGUAGE ARTS.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2420497
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt257332
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES M REUM
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES BRUMMELL JR
IRS990/Form990PartVIISectionAGrp/PersonNm2JOSEPH COULSON
IRS990/Form990PartVIISectionAGrp/PersonNm3GEORGE SCHUEPPERT
IRS990/Form990PartVIISectionAGrp/PersonNm4CAROLE AMES
IRS990/Form990PartVIISectionAGrp/PersonNm5PAUL BARTON
IRS990/Form990PartVIISectionAGrp/PersonNm6BARBARA BOWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7KEVIN CONLON
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID W CURD
IRS990/Form990PartVIISectionAGrp/PersonNm9MAREILE CUSACK
IRS990/Form990PartVIISectionAGrp/PersonNm10MARCIA WACHS DAM
IRS990/Form990PartVIISectionAGrp/PersonNm11PAULA DUFFY
IRS990/Form990PartVIISectionAGrp/PersonNm12DR MARY BETH HERRMANN
IRS990/Form990PartVIISectionAGrp/PersonNm13JANE C HUNT
IRS990/Form990PartVIISectionAGrp/PersonNm14WILLIAM LAWLOR
IRS990/Form990PartVIISectionAGrp/PersonNm15ROY LIPNER
IRS990/Form990PartVIISectionAGrp/PersonNm16GLENN W MCGEE
IRS990/Form990PartVIISectionAGrp/PersonNm17FRANK D O'CONNOR
IRS990/Form990PartVIISectionAGrp/PersonNm18MEHUL PATEL
IRS990/Form990PartVIISectionAGrp/PersonNm19ALEX J POLLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm20DONALD STATLAND
IRS990/Form990PartVIISectionAGrp/PersonNm21SHELDON STEIN
IRS990/Form990PartVIISectionAGrp/PersonNm22JAMES W HAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm23MICHAEL IGOE
IRS990/Form990PartVIISectionAGrp/PersonNm24PETER WALTON
IRS990/Form990PartVIISectionAGrp/PersonNm25MITCHELL GURFIELD
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt259134
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt361611
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2490465
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25105904
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT & CEO (THROUGH 8/10/14), DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22LIFE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23LIFE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24VICE-PRESIDENT & CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt25SALES REPRESENTATIVE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01947
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt096738
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GovernmentGrantsAmt025000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01140776
IRS990/GrossReceiptsAmt07485305
IRS990/GrossRentsGrp/RealAmt03854
IRS990/GrossSalesOfInventoryAmt04540958
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0411
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03695
IRS990/InformationTechnologyGrp/ProgramServicesAmt036955
IRS990/InformationTechnologyGrp/TotalAmt041061
IRS990/InsuranceGrp/ManagementAndGeneralAmt04468
IRS990/InsuranceGrp/ProgramServicesAmt040213
IRS990/InsuranceGrp/TotalAmt044681
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0889862
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0866317
IRS990/InvestmentIncomeGrp/ExclusionAmt0122193
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0122193
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03012385
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02887424
IRS990/IRPDocumentCnt034
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0455252
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0140970
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0106973
IRS990/LandBldgEquipCostOrOtherBssAmt0562225
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01044038
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE GREAT BOOKS FOUNDATION IS TO ADVANCE THE CRITICAL, REFLECTIVE THINKING, AND SOCIAL AND CIVIC ENGAGEMENT OF READERS OF ALL AGES THROUGH SHARED INQUIRY DISCUSSION OF WORKS AND IDEAS OF ENDURING VALUE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt04726468
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt096738
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt096738
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt03062762
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt03854
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03854
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-127244
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt06201
IRS990/OccupancyGrp/ManagementAndGeneralAmt055805
IRS990/OccupancyGrp/ProgramServicesAmt0558045
IRS990/OccupancyGrp/TotalAmt0620051
IRS990/OfficeExpensesGrp/FundraisingAmt03827
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt034442
IRS990/OfficeExpensesGrp/ProgramServicesAmt0344418
IRS990/OfficeExpensesGrp/TotalAmt0382687
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt0678685
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt014054
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt046954
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0339170
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0400178
IRS990/OtherExpensesGrp/Desc0TEMPORARY HELP
IRS990/OtherExpensesGrp/Desc1TRAINING MATERIALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015356
IRS990/OtherExpensesGrp/ProgramServicesAmt070890
IRS990/OtherExpensesGrp/ProgramServicesAmt148259
IRS990/OtherExpensesGrp/TotalAmt086246
IRS990/OtherExpensesGrp/TotalAmt148259
IRS990/OtherLiabilitiesGrp/BOYAmt0227476
IRS990/OtherLiabilitiesGrp/EOYAmt0187867
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt076595
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0231417
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02850702
IRS990/OtherSalariesAndWagesGrp/TotalAmt03158714
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06113
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018470
IRS990/PayrollTaxesGrp/ProgramServicesAmt0227520
IRS990/PayrollTaxesGrp/TotalAmt0252103
IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0245556
IRS990/PrincipalOfficerNm0JOSEPH COULSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$5,446,972
Liabilities
$720,504
Net assets
$4,726,468
Revenue
$4,963,071
Expenses
$6,454,452
Net income
-$1,491,381
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.11$0.75$1.36$2.60$3.24$0.64
2023Detailed filing. Detailed filing data is available for this year.$2.77$0.78$1.99$4.42$3.52$0.91
2022Detailed filing. Detailed filing data is available for this year.$2.88$1.84$1.05$3.45$3.60$0.15
2021Detailed filing. Detailed filing data is available for this year.$3.06$1.73$1.33$3.29$3.01$0.28
2020Detailed filing. Detailed filing data is available for this year.$2.50$1.58$0.93$2.43$3.36$0.93
2019Detailed filing. Detailed filing data is available for this year.$3.01$1.17$1.84$3.42$3.68$0.26
2018Detailed filing. Detailed filing data is available for this year.$3.25$1.15$2.10$3.44$4.03$0.59
2017Detailed filing. Detailed filing data is available for this year.$4.06$1.37$2.69$3.72$4.61$0.89
2016Detailed filing. Detailed filing data is available for this year.$4.45$0.77$3.68$4.41$5.36$0.95
2015Detailed filing. Detailed filing data is available for this year.$5.45$0.72$4.73$4.96$6.45$1.49
2014Detailed filing. Detailed filing data is available for this year.$7.26$0.92$6.35$6.77$6.46$0.31
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.81$0.99$5.82$6.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.54$0.76$4.78$6.08