Civic Intelligence

Chicago Architecture Biennial Inc.

990 • Fiscal year 2018 • EIN 47-1305533

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

78 E Washington StChicago, IL 60602

(312) 854-8200

Siviq Scores

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

Liabilities / Assets

45th percentile

0.06x

Higher debt load relative to assets than 45% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

83rd percentile

$148,109

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

78th percentile

15%

Faster asset growth than 78% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-47%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$705,320

Up $90,576 (+15%) from 2017

Net Assets

Up

$660,984

Up $248,032 (+60%) from 2017

Liabilities

Down

$44,336

Down $157,456 (-78%) from 2017

Revenue

Down

$1,590,015

Down $1,426,779 (-47%) from 2017

Expenses

Down

$1,341,983

Down $4,205,046 (-76%) from 2017

Net Income

Up

$248,032

Up $2,778,267 (+110%) from 2017

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

2018

Assets$705,320
Liabilities$44,336
Net Assets$660,984

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

2018

Revenue$1,590,015
Expenses$1,341,983
Net Income$248,032
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$1,590,015
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$401,549$570,000▲ $168,451
Cash and Non-Interest-Bearing Accounts$197,134$125,925▼ $71,209
Land, Buildings, and Equipment, Net$16,061$9,395▼ $6,666
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$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
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$614,744$705,320▲ $90,576
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$201,792$44,336▼ $157,456
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$201,792$44,336▼ $157,456
Net Assets / Fund Balance
Unrestricted Net Assets$412,952$505,984▲ $93,032
Temporarily Rstr Net Assets$0$155,000▲ $155,000
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$412,952$660,984▲ $248,032
Total Liabilities and Net Assets / Fund Balance$614,744$705,320▲ $90,576

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,717$22,114$28,831
Equipment$2,678$6,631$9,309
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Todd PalmerExecutive DirectorFT$148,109$148,109

Board Members and Trustees

NameTitle
Jack GuthmanChairman/President
Valerie Corr HanserdVice Chair and Vice President
Kelly M SemrauDirector
Louis SusmanDirector
Lynn Lockwood MurphyDirector
Mark P SextonDirector
Michelle T BooneDirector
Ramona WestbrookDirector
Robin Loewenberg TebbeDirector
Sarah HerdaSecretary
Robert ClarkTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
CamronConsulting17 SLINGSBY PLACE, London, 0, Uk$133,712
Revenue and Support

Revenue Composition

Contributions and Grants
$1,572,660
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$17,355
All Other Contributions
$1,572,660
Change in Net Assets
$248,032

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,590,015
Revenue Not Reported on Form 990
$69,590
Total Revenue per Audited Statements
$1,659,605
Total Revenue per Form 990
$1,590,015
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$844,654
Salaries, Compensation, and Employee Benefits$497,329
Total Fundraising Expense$139,926
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$142,132$78,509$66,344$286,985
Other Expenses$234,584$3,214-$234,584
Current Officers, Directors, Trustees, and Key Employees$73,352$15,513$59,244$148,109
Travel$137,244--$137,244
Office Expenses-$40,360-$40,360
Payroll Taxes$16,231$2,203$14,338$32,772
Fees for Services Accounting-$30,261-$30,261
Other Employee Benefits$14,591$14,872-$29,463
Advertising$17,233--$17,233
All Other Expenses$12,475--$12,475
Insurance-$7,903-$7,903
Depreciation Depletion-$7,490-$7,490
Total Functional Expenses$1,001,732$200,325$139,926$1,341,983

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,411,573
Expenses per Audited Statements$1,341,983
Total Expenses per Form 990$1,341,983
Expenses Not Reported on Form 990$69,590
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
% RACHEL KAPLAN
Phone
3128548200
Address
78 E Washington St, Chicago, IL 60602

Signing Officer

Name
Jack Guthman
Title
Chairman/president
Phone
3128548200
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jack Guthman
Formed
2014
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
15

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

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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