Civic Intelligence

Chicago Architecture Biennial Inc.

990 • Fiscal year 2015 • EIN 47-1305533

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 11, 2016

4 W Burton PlaceChicago, IL 60610

(312) 854-8200

Siviq Scores

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

Liabilities / Assets

98th percentile

1.99x

Higher debt load relative to assets than 98% of similar nonprofits.

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

Liabilities / Revenue

51st percentile

0.11x

Higher debt load relative to revenue than 51% of similar nonprofits.

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

Net Margin

14th percentile

-20%

Higher net margin than 14% of similar nonprofits.

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

Top Officer Pay

88th percentile

$182,292

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

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

Asset Growth

1st percentile

-63%

Faster asset growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

98th percentile

435%

Faster revenue growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$253,304

Down $432,672 (-63%) from 2014

Net Assets

Down

-$250,633

Down $919,547 (-137%) from 2014

Liabilities

Up

$503,937

Up $486,875 (+2854%) from 2014

Revenue

Up

$4,551,483

Up $3,701,483 (+435%) from 2014

Expenses

Up

$5,471,030

Up $5,289,944 (+2921%) from 2014

Net Income

Down

-$919,547

Down $1,588,461 (-237%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2014: $685,976Liabilities 2014: $17,062Net Assets 2014: $668,9142014Assets 2015: $253,304Liabilities 2015: $503,937Net Assets 2015: -$250,6332015Assets 2016: $2,984,224Liabilities 2016: $41,037Net Assets 2016: $2,943,1872016Assets 2017: $614,744Liabilities 2017: $201,792Net Assets 2017: $412,9522017Assets 2018: $705,320Liabilities 2018: $44,336Net Assets 2018: $660,9842018Assets 2019: $303,430Liabilities 2019: $375,912Net Assets 2019: -$72,4822019Assets 2020: $314,343Liabilities 2020: $330,291Net Assets 2020: -$15,9482020Assets 2021: $319,903Liabilities 2021: $311,978Net Assets 2021: $7,9252021Assets 2022: $318,390Liabilities 2022: $106,768Net Assets 2022: $211,6222022Assets 2023: $543,064Liabilities 2023: $387,202Net Assets 2023: $155,8622023Assets 2024: $267,220Liabilities 2024: $191,754Net Assets 2024: $75,4662024

Highlighted filing

2015

Assets$253,304
Liabilities$503,937
Net Assets-$250,633

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2014: $850,000Expenses 2014: $181,086Net Income 2014: $668,9142014Revenue 2015: $4,551,483Expenses 2015: $5,471,030Net Income 2015: -$919,5472015Revenue 2016: $3,875,104Expenses 2016: $681,284Net Income 2016: $3,193,8202016Revenue 2017: $3,016,794Expenses 2017: $5,547,029Net Income 2017: -$2,530,2352017Revenue 2018: $1,590,015Expenses 2018: $1,341,983Net Income 2018: $248,0322018Revenue 2019: $3,809,826Expenses 2019: $4,543,292Net Income 2019: -$733,4662019Revenue 2020: $683,339Expenses 2020: $626,805Net Income 2020: $56,5342020Revenue 2021: $1,309,292Expenses 2021: $1,285,419Net Income 2021: $23,8732021Revenue 2022: $680,527Expenses 2022: $476,830Net Income 2022: $203,6972022Revenue 2023: $2,108,916Expenses 2023: $2,164,676Net Income 2023: -$55,7602023Revenue 2024: $505,591Expenses 2024: $585,987Net Income 2024: -$80,3962024

Highlighted filing

2015

Revenue$4,551,483
Expenses$5,471,030
Net Income-$919,547
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 11, 2016
Return Version
2015v2.1
Gross Receipts
$4,551,483
Mission and Program Overview

Mission

Dedicated to creating an international forum on architecture and urbanism through the production of exhibitions and public programs.

Dedicated to creating an international forum on architecture and urbanism thru the production of exhibitions and public programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$648,686$215,607▼ $433,079
Land, Buildings, and Equipment, Net$23,462$30,987▲ $7,525
Prepaid Expenses and Deferred Charges$13,828$6,710▼ $7,118
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$685,976$253,304▼ $432,672
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$17,062$503,937▲ $486,875
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$17,062$503,937▲ $486,875
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$668,914$-250,633▼ $919,547
Total Net Assets Fund Balance$668,914$-250,633▼ $919,547
Total Liabilities and Net Assets / Fund Balance$685,976$253,304▼ $432,672

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$22,726$5,281$28,007
Equipment$8,261$1,048$9,309
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ty TabingExecutive DirectorFT$182,292$182,292

Board Members and Trustees

NameTitle
Jack GuthmanDirector
Louis B SusmanDirector
Sarah HerdaDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Outfront Media LLCAdvertisingPO BOX 3307, Newark, NJ 07188$137,500
Third EyePublic Relations379 W BROADWAY, New York, NY 10012$135,072
Sutton Promoting CreativityPublic Relations27 UNION SQUARE WEST SUITE 304, New York, NY 10003$128,029
Vector Custom FabricatingExhibition Material2128 W FULTON ST, Chicago, IL 60612$116,306
Revenue and Support

Revenue Composition

Contributions and Grants
$4,551,483
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$4,551,483
Change in Net Assets
$-919,547

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,551,483
Revenue Not Reported on Form 990
$175,654
Total Revenue per Audited Statements
$4,727,137
Total Revenue per Form 990
$4,551,483
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,043,173
Salaries, Compensation, and Employee Benefits$427,857
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$691,342--$691,342
All Other Expenses$679,522--$679,522
Other Expenses$564,925$17,799-$564,925
Travel$442,482$12,115-$454,596
Other Salaries and Wages$132,441$56,761-$189,202
Current Officers, Directors, Trustees, and Key Employees$127,603$54,688-$182,292
Other Employee Benefits-$28,711-$28,711
Payroll Taxes$19,356$8,296-$27,652
Insurance-$26,157-$26,157
Fees for Services Accounting-$20,888-$20,888
Office Expenses-$10,428-$10,428
Depreciation Depletion-$5,519-$5,519
Total Functional Expenses$5,222,227$248,803$0$5,471,030

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,646,684
Expenses per Audited Statements$5,471,030
Total Expenses per Form 990$5,471,030
Expenses Not Reported on Form 990$175,654
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Question 15A and 15B

The organiztion determines compensation by relying on comparability data for similar positions.

Part VI, Section C, Line 19

The organization makes its governing documents available to the public upon request. The 990 is prepared by outside accountants and reviewed for completeness and accuracy by the organization's management.

Filing and Contact Details

Filer

Filer Name
Chicago Architecture Biennial Inc
EIN
47-1305533
In Care Of
% CHICAGO ARCHITECTURE BIENNIA
Phone
3128548200
Address
4 W BURTON PLACE, Chicago, IL 60610

Signing Officer

Name
Sarah Herda
Title
Board Member
Phone
3128548200
Signed
2016-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Herda
Formed
2014
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
7

Preparer

Firm
Jeffrey W Krol & Associates Ltd
Address
8700 W Bryn Mawr Suite 810 North, Chicago, IL 60631-3568
Preparer
Roland M Breslin
Phone
7733991390
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 24 - Other Expenses

Description:marketing and communications total expenses:536372 program services:536372

Form 990 Part IX Line 24 - Other Expenses

Description:consultants total expenses:141160 program services:141160

Form 990 Part IX Line 24 - Other Expenses

Description:other professional fees total expenses:1990 program services:1990

Financial Statement Notes

Part III, Line 4

Dedicated to creating an international forum on architecture and urbanism through the production of exhibitions and public programs.

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IRS990/PayrollTaxesGrp/ProgramServicesAmt019356
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06710
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IRS990/PYRevenuesLessExpensesAmt0668914
IRS990/PYSalariesCompEmpBnftPaidAmt075039
IRS990/PYTotalExpensesAmt0181086
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IRS990/PYTotalRevenueAmt0850000
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleD/DonatedServicesUseFcltsAmt0175654
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt01048
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09309
IRS990ScheduleD/ExpensesNotReportedAmt0175654
IRS990ScheduleD/ExpensesSubtotalAmt05471030
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt028007
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IRS990ScheduleD/RevenueSubtotalAmt04551483
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Dedicated to creating an international forum on architecture and urbanism through the production of exhibitions and public programs.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4
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IRS990ScheduleD/TotalExpensesPerForm990Amt05471030
IRS990ScheduleD/TotalRevenuePerForm990Amt04551483
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04727137
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Ty Tabing
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
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IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZTION DETERMINES COMPENSATION BY RELYING ON COMPARABILITY DATA FOR SIMILAR POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED FOR COMPLETENESS AND ACCURACY BY THE ORGANIZATION'S MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION:MARKETING AND COMMUNICATIONS TOTAL EXPENSES:536372 PROGRAM SERVICES:536372
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:CONSULTANTS TOTAL EXPENSES:141160 PROGRAM SERVICES:141160
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:OTHER PROFESSIONAL FEES TOTAL EXPENSES:1990 PROGRAM SERVICES:1990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION B, QUESTION 15A AND 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 24 - OTHER EXPENSES
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IRS990/TotalFunctionalExpensesGrp/TotalAmt05471030
IRS990/TotalGrossUBIAmt00

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