Civic Intelligence

The Renaissance Society at the University of Chicago

EIN 36-6109822 • 501(c)3 • Chicago, IL

View Organization Page

Profile

The purpose of the society is to encourage the growth and understanding of contemporary visual art in all of its forms through the presentation of exhibitions, publications, and educational and special programs. In fulfilling its purpose, the society will seek to cooperate with other arts organizations and to engage its membership and the community in the discussion, appreciation and support of avant-garde art.

5811 South Ellis AvenueChicago, IL 60637

www.renaissancesociety.org

Siviq Scores

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

Liabilities / Assets

16th percentile

0.01x

Higher debt load relative to assets than 16% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

20th percentile

0.05x

Higher debt load relative to revenue than 20% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

63rd percentile

11%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

68th percentile

$246,331

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

54th percentile

5.6%

Faster asset growth than 54% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

91st percentile

93%

Faster revenue growth than 91% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$10,214,674

Up $540,592 (+5.6%) from 2024

Liabilities

Up

$104,383

Up $43,884 (+73%) from 2024

Net Assets

Up

$10,110,291

Up $496,708 (+5.2%) from 2024

Operations
Liabilities / Revenue20th percentileNet Margin63rd percentile

Revenue

Up

$2,130,939

Up $1,028,846 (+93%) from 2024

Expenses

Up

$1,893,499

Up $277,506 (+17%) from 2024

Net Income

Up

$237,440

Up $751,340 (+146%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth54th percentile

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

$15M$10M$5.0M$0Assets 2017: $7,371,124Liabilities 2017: $83,869Net Assets 2017: $7,287,2552017Assets 2018: $7,499,917Liabilities 2018: $107,734Net Assets 2018: $7,392,1832018Assets 2019: $8,638,223Liabilities 2019: $129,099Net Assets 2019: $8,509,1242019Assets 2020: $8,845,333Liabilities 2020: $172,286Net Assets 2020: $8,673,0472020Assets 2021: $10,357,584Liabilities 2021: $76,768Net Assets 2021: $10,280,8162021Assets 2022: $8,746,681Liabilities 2022: $102,966Net Assets 2022: $8,643,7152022Assets 2023: $9,727,397Liabilities 2023: $123,006Net Assets 2023: $9,604,3912023Assets 2024: $9,674,082Liabilities 2024: $60,499Net Assets 2024: $9,613,5832024Assets 2025: $10,214,674Liabilities 2025: $104,383Net Assets 2025: $10,110,2912025

Highlighted filing

2025

Assets$10,214,674
Liabilities$104,383
Net Assets$10,110,291
Open 2025 Filing

Operations Trend

Revenue Growth91st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $1,610,915Expenses 2017: $1,458,153Net Income 2017: $152,7622017Revenue 2018: $1,394,675Expenses 2018: $1,687,020Net Income 2018: -$292,3452018Revenue 2019: $2,226,264Expenses 2019: $1,554,307Net Income 2019: $671,9572019Revenue 2020: $1,292,944Expenses 2020: $1,306,089Net Income 2020: -$13,1452020Revenue 2021: $1,312,628Expenses 2021: $1,351,953Net Income 2021: -$39,3252021Revenue 2022: $1,083,895Expenses 2022: $1,660,410Net Income 2022: -$576,5152022Revenue 2023: $1,266,408Expenses 2023: $1,775,353Net Income 2023: -$508,9452023Revenue 2024: $1,102,093Expenses 2024: $1,615,993Net Income 2024: -$513,9002024Revenue 2025: $2,130,939Expenses 2025: $1,893,499Net Income 2025: $237,4402025

Highlighted filing

2025

Revenue$2,130,939
Expenses$1,893,499
Net Income$237,440
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,214,674
Liabilities
$104,383
Net assets
$10,110,291
Revenue
$2,130,939
Expenses
$1,893,499
Net income
$237,440
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.2$0.10$10.1$2.13$1.89$0.24
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.67$0.06$9.61$1.10$1.62$0.51
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.73$0.12$9.60$1.27$1.78$0.51
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.75$0.10$8.64$1.08$1.66$0.58
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.08$10.3$1.31$1.35$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.85$0.17$8.67$1.29$1.31$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.64$0.13$8.51$2.23$1.55$0.67
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.50$0.11$7.39$1.39$1.69$0.29
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.37$0.08$7.29$1.61$1.46$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 13, 2026
Return Version
2024v5.5
Gross Receipts
$2,396,321
Mission and Program Overview

Mission

The renaissance society is at its core a space of possibility. For artists, we offer an unfettered platform for bold experimentation. Our work with artists frequently results in newly commissioned art, and these presentations in our gallery at the university of chicago spur further scholarly and creative reflections in our publications and public programs. For visitors, we offer intimate opportunities to engage deeply with art and artists who provide critical responses to our present moment. All exhibitions and events are free to attend.

Present contemporary art exhibitions, events, and publications.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,737,248$8,463,359▲ $726,111
Pledges and Grants Receivable$1,521,440$1,424,126▼ $97,314
Cash and Non-Interest-Bearing Accounts$346,592$259,256▼ $87,336
Inventories for Sale or Use$27,076$27,076→ $0
Prepaid Expenses and Deferred Charges$18,718$15,915▼ $2,803
Land, Buildings, and Equipment, Net$7,322$9,132▲ $1,810
Savings and Temporary Cash Investments$9,190$8,192▼ $998
Accounts Receivable$6,496$7,618▲ $1,122
Total Assets$9,674,082$10,214,674▲ $540,592
Liabilities
Accounts Payable and Accrued Expenses$60,499$104,383▲ $43,884
Total Liabilities$60,499$104,383▲ $43,884
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,226,328$8,684,752▲ $458,424
Net Assets With Donor Restrictions$1,387,255$1,425,539▲ $38,284
Total Net Assets Fund Balance$9,613,583$10,110,291▲ $496,708
Total Liabilities and Net Assets / Fund Balance$9,674,082$10,214,674▲ $540,592

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,132$65,872$75,004
Other Land Buildings$0$38,000$38,000
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Myriam Ben SalahExecutive DirectorFT$226,055$20,276$246,331
Jessica CochranDeputy DirectorFT$117,342$8,836$126,178

Board Members and Trustees

NameTitle
Nancy LernerPresident
Raven Thomas Abdul-aleemVice President
B Ingrid OlsonBoard Member
Christine Meleo BernsteinBoard Member
Elisa NuytenBoard Member
Glen SaltzbergBoard Member
Glenn HollandBoard Member
Heiji Choy BlackBoard Member
Jana HeesBoard Member
Laura FrontBoard Member
Lauren PetersonBoard Member
Lina LazaarBoard Member
Michael GrayBoard Member
Murat AhmedBoard Member
Neil RossBoard Member
Randall KrosznerBoard Member
Richard WrightBoard Member
Sanjog MisraBoard Member
Silva BeltramettiBoard Member
Trissa BabrowskiBoard Member
Valeria NapoleoneBoard Member
Yto BarradaBoard Member
Jill Ingrassia-zingalesSecretary
Anne Van WartTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,877,959
Program Service Revenue
$140,262
Investment Income
$229,713
Other Revenue
$-116,995
All Other Contributions
$1,117,900
Change in Net Assets
$237,440

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$29,037Fair Market Value
Other Non Cash Contri Table3$1,733Fair Market Value
Total Noncash Contributions6$30,770-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,136,749
Revenue Not Reported on Financial Statements
$-5,810
Revenue Not Reported on Form 990
$562,548
Other Revenue Adjustments
$-5,810
Total Revenue per Audited Statements
$2,699,297
Total Revenue per Form 990
$2,130,939
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,108,273
Other Expenses$785,226
Total Fundraising Expense$224,756
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$369,370$84,028$132,081$585,479
Current Officers, Directors, Trustees, and Key Employees$279,178$61,062$39,510$379,750
Office Expenses$120,028$3,857$9,344$133,229
Travel$68,222$4,875$4,467$77,564
Payroll Taxes$43,232$9,679$11,615$64,526
Conferences and Meetings-$59,730-$59,730
Other Employee Benefits$34,643$7,795$10,310$52,748
Fees for Services Accounting-$30,961-$30,961
Advertising$29,596--$29,596
Insurance$22,777$2,343$2,866$27,986
Pension Plan Contributions$16,121$3,675$5,974$25,770
All Other Expenses$3,233$11,919-$15,152
Other Expenses$28,623$855$6,024$6,024
Depreciation Depletion$4,056--$4,056
Fees for Services Other-$1,858-$1,858
Total Functional Expenses$1,386,106$282,637$224,756$1,893,499

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,202,589
Expenses per Audited Statements$1,893,499
Total Expenses per Form 990$1,893,499
Expenses Not Reported on Form 990$309,090
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$212,489
Fundraising Gross Income$59,150
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Renben$508,809$55,500$79,309$-23,809
Bowling$32,900$3,650$2,108$1,542
Total Events$541,709$59,150$212,489$-153,339
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
Yes
Audit committee
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 A, Line 6

“Any person or entity upon payment of such contributions as are established by the board of directors from time to time may become a member of the society. The membership categories and corresponding contribution requirements of the society shall be determined from time to time by the board of directors. Members of the society as such shall have no voting rights.”

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

“The organization's policy is for the executive director, audit committee, and board of directors to review and approve the form 990 prior to filing with the internal revenue service.”

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

“There exists between the society and its board, officers, and management personnel a fiduciary duty that carries with it a broad and unbending duty of loyalty and fidelity. The board, officers, and management personnel have the responsibility of administering the affairs of the society honestly and prudently, and of exercising their best care, skill, and judgment for the sole benefit of the society. Those persons shall exercise the utmost good faith in all transactions involved in their duties, and they shall not use their positions with the society or knowledge gained there from for their personal benefit. The interests of the organization must have the first priority in all decisions and actions. It shall be the continuing responsibility of the board, officers, and management personnel to scrutinize their transactions and outside business interests and relationships for potential conflicts and to immediately make such disclosures. Prior to a vote on a potential conflict of interest, all material facts must be disclosed to the board and reflected in the minutes. A person with a potential conflict of interest shall not participate in or be permitted to hear the board's discussion of the matter except to disclose material facts and to respond to questions. Such person shall not attempt to exert his or her personal influence with respect to the matter, either at or outside of the meeting. A director having a potential conflict of interest may not vote on the matter and shall not be present in the meeting room when the vote is taken. The board shall determine whether a conflict exists and is material, and in the presence of a material conflict, whether the contemplated transaction may be authorized as just, fair, reasonable and in the best interest of the society. The decision of the board on these matters will rest in its sole discretion, and its concern must be the welfare of the society and the advancement of its purpose.”

Form 990, Part VI, Section B, Line 15

“The organization uses salary surveys to benchmark compensation of each position. Industry specific reports and other studies, in addition to input from other informed sources, are utilized. Compensation adjustments are approved by the executive committee of the board of directors prior to final budget approval.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Renaissance Society at
EIN
36-6109822
Phone
7737028670
Address
5811 SOUTH ELLIS AVENUE, CHICAGO, IL 60637

Signing Officer

Name
Myriam Ben Salah
Title
Executive Director
Phone
7737028670
Signed
2026-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Myriam Ben Salah
Formed
1915
Legal Domicile
Il
Voting Board Members
24
Independent Board Members
24
Employees
17
Volunteers
24

Preparer

Firm
Wipfli Advisory LLC
Address
2501 W BELTLINE HWY STE 501, MADISON, WI 53713
Preparer
Quinn Dugan
Phone
8479410100
Supplemental Narrative

Additional Explanations

PART XII, LINE 2C:

“No changes from prior year.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Cost of goods sold -5,810.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 5,810.”

Raw XML AppendixShowing 400 of 669 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/MissionDesc0THE RENAISSANCE SOCIETY IS AT ITS CORE A SPACE OF POSSIBILITY. FOR ARTISTS, WE OFFER AN UNFETTERED PLATFORM FOR BOLD EXPERIMENTATION. OUR WORK WITH ARTISTS FREQUENTLY RESULTS IN NEWLY COMMISSIONED ART, AND THESE PRESENTATIONS IN OUR GALLERY AT THE UNIVERSITY OF CHICAGO SPUR FURTHER SCHOLARLY AND CREATIVE REFLECTIONS IN OUR PUBLICATIONS AND PUBLIC PROGRAMS. FOR VISITORS, WE OFFER INTIMATE OPPORTUNITIES TO ENGAGE DEEPLY WITH ART AND ARTISTS WHO PROVIDE CRITICAL RESPONSES TO OUR PRESENT MOMENT. ALL EXHIBITIONS AND EVENTS ARE FREE TO ATTEND.
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IRS990/OtherExpensesGrp/Desc0GALLERY AND EXHIBITIONS
IRS990/OtherExpensesGrp/Desc1DEVELOPMENT EVENTS
IRS990/OtherExpensesGrp/Desc2EDUCATION
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IRS990/PrincipalOfficerNm0MYRIAM BEN SALAH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION

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