Civic Intelligence

The Rebuild Foundation Nfp

990 • Fiscal year 2017 • EIN 47-3026162

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

6918 South Dorchester AveChicago, IL 60637

(312) 857-5561

Siviq Scores

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

Liabilities / Assets

35th percentile

0.03x

Higher debt load relative to assets than 35% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

92nd percentile

2.61x

Higher debt load relative to revenue than 92% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

1st percentile

-2272%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

75th percentile

$116,000

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 254.9% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

6th percentile

-20%

Faster asset growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$4,035,228

Down $1,006,873 (-20%) from 2016

Net Assets

Down

$3,916,411

Down $1,014,850 (-21%) from 2016

Liabilities

Up

$118,817

Up $7,977 (+7.2%) from 2016

Revenue

Down

$45,500

Down $5,277,321 (-99%) from 2016

Expenses

Up

$1,079,129

Up $686,262 (+175%) from 2016

Net Income

Down

-$1,033,629

Down $5,963,583 (-121%) from 2016

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2016: $5,042,101Liabilities 2016: $110,840Net Assets 2016: $4,931,2612016Assets 2017: $4,035,228Liabilities 2017: $118,817Net Assets 2017: $3,916,4112017Assets 2018: $2,931,173Liabilities 2018: $123,969Net Assets 2018: $2,807,2042018Assets 2019: $5,626,801Liabilities 2019: $181,449Net Assets 2019: $5,445,3522019Assets 2020: $5,825,442Liabilities 2020: $189,752Net Assets 2020: $5,635,6902020Assets 2021: $11,482,913Liabilities 2021: $168,743Net Assets 2021: $11,314,1702021Assets 2022: $13,985,700Liabilities 2022: $950,712Net Assets 2022: $13,034,9882022Assets 2023: $14,322,177Liabilities 2023: $2,657,544Net Assets 2023: $11,664,6332023Assets 2024: $18,019,261Liabilities 2024: $8,029,663Net Assets 2024: $9,989,5982024

Highlighted filing

2017

Assets$4,035,228
Liabilities$118,817
Net Assets$3,916,411

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2016: $5,322,821Expenses 2016: $392,867Net Income 2016: $4,929,9542016Revenue 2017: $45,500Expenses 2017: $1,079,129Net Income 2017: -$1,033,6292017Revenue 2018: $32,125Expenses 2018: $1,182,238Net Income 2018: -$1,150,1132018Revenue 2019: $3,717,827Expenses 2019: $1,106,415Net Income 2019: $2,611,4122019Revenue 2020: $1,449,463Expenses 2020: $1,259,125Net Income 2020: $190,3382020Revenue 2021: $7,037,576Expenses 2021: $1,359,096Net Income 2021: $5,678,4802021Revenue 2022: $4,385,874Expenses 2022: $2,665,056Net Income 2022: $1,720,8182022Revenue 2023: $2,369,652Expenses 2023: $3,816,136Net Income 2023: -$1,446,4842023Revenue 2024: $1,621,117Expenses 2024: $3,296,152Net Income 2024: -$1,675,0352024

Highlighted filing

2017

Revenue$45,500
Expenses$1,079,129
Net Income-$1,033,629
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.2
Gross Receipts
$45,500
Mission and Program Overview

Mission

The organization's mission is to promote, support and advance public appreciation of the arts, culture and civic initiatives; to own, develop, and manage properties dedicated to culture and the advancement of artistic practices of artists and the transformation of communities that support the arts; promote, protec, and maintain works of art and the legacy of artists; and make distributions to organizations that qualify as exempt organizations.

SEE SCHUEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$4,931,261$3,916,411▼ $1,014,850
Cash and Non-Interest-Bearing Accounts$1,976,174$1,644,127▼ $332,047
Pledges and Grants Receivable$2,983,230$1,430,770▼ $1,552,460
Land, Buildings, and Equipment, Net$68,594$951,135▲ $882,541
Accounts Receivable$14,103--
Prepaid Expenses and Deferred Charges-$9,196-
Total Assets$5,042,101$4,035,228▼ $1,006,873
Liabilities
Accounts Payable and Accrued Expenses$110,840$118,817▲ $7,977
Total Liabilities$110,840$118,817▲ $7,977
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,931,261$3,916,411▼ $1,014,850
Total Liabilities and Net Assets / Fund Balance$5,042,101$4,035,228▼ $1,006,873

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$637,435--
Land$116,675--
Equipment$20,896$159-
Leasehold Improvements$176,129--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Theaster Gates JrPresidentPT$116,000$116,000

Board Members and Trustees

NameTitle
John CampbellDirector
Richard SciortinoDirector
Lori a BerkoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$45,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$45,500
Change in Net Assets
$-1,033,629
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$638,330
Salaries, Compensation, and Employee Benefits$400,799
Grants and Similar Amounts Paid$40,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$358,042$10,345$0$368,387
Fees for Services Other$252,183$21$0$252,204
Other Expenses$98,376$960$0$99,336
Fees for Services Accounting$57,329$2,672$0$60,001
Occupancy$47,618$0$0$47,618
Office Expenses$43,493$1,467$0$44,960
Grants to Domestic Orgs$40,000--$40,000
Payroll Taxes$32,027$385$0$32,412
Insurance$15,788$2,034$0$17,822
Travel$6,607$7,457$0$14,064
All Other Expenses$9,077$169$0$9,246
Fees for Services Legal$3,953$0$0$3,953
Advertising$2,847$0$0$2,847
Interest$198$15$0$213
Total Functional Expenses$1,053,544$25,585$0$1,079,129
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Rebuild FoundationChicago, IL-Donation in support of Chicago Architectural Biennial$40,000
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Grand Crossing ManagementOwnerfood servicesNo$19,309
The Stony Group LLCOwnerRentNo$18,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Space Fund NFP
EIN
47-3026162
Phone
3128575561
Address
6918 South Dorchester Ave, Chicago, IL 60637

Signing Officer

Name
Lori a Berko
Title
Treasurer
Phone
3128575561
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Theaster Gates Jr
Formed
2014
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
3
Employees
11
Volunteers
0

Preparer

Firm
Prado & Renteria CPAs Prof Corp
Address
1837 S Michigan Ave 2nd Fl, Chicago, IL 60616
Preparer
Patricia Fear
Phone
3125671330
Supplemental Narrative

Additional Explanations

Other

Organization's mission the organization's mission is to promote, support and advance public appreciation of the arts, culture and civic initiatives; to own, develop, and manage properties dedicated to culture and the advancement of artistic practices of artists and the transformation of communities that support the arts; promote, protect, and maintain works of art and the legacy of artists;and make distributions to organizations that qualify as exemptorganizations.

Pt III, Line 3

Form 990, part iii, line 4a - first accomplishmentparticipation in on-going community programming at the stony island artsbank. Partnership with rebuild foundation on the activation of the arts bank campus and additional renovation to the site. On going dialog with local community through a program called ethical redevelopment which trains community members in development strategies and has created a net working platform for future urban leaders. Space fund has ongoing participation in local and national conversations around the issues of urban transformation. We remain a leader in smartgrowth efforts and neighborhood stewardship.

Pt VI, Line 11B

Form 990, part vi, line 11b - organization's process to review form 990form 990 was reviewed by the treasurer on behalf of the board of directors

Pt VI, Line 12C

Form 990, part vi, line 12c - enforcement of conflicts policyannual conflict disclosures are sent out that require disclosure orreaffirmation that none exist.

Pt VI, Line 15A

Compensation process for top officialresearch online of comparable positions & reviewing public data.

Pt VI, Line 19

Governing documents disclosure explanationgoverning documents are made available upon request.

Pt XI

The 2016 Form 990 was submitted before the audit was completed. The beginning net assets needed to be adjusted per audit adjustments.

Form 990, Part IX, Line 24E

Performnace fees 8144. 8144. 0. 0.

Form 990, Part IX, Line 24E

Licenses and Fees 852. 683. 169. 0.

Form 990, Part IX, Line 24E

Dues & Subscriptions 250. 250. 0. 0.

Raw XML Appendix390 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0110840
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0118817
IRS990/AccountsReceivableGrp/BOYAmt014103
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SEE SCHUEDULE O
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt02847
IRS990/AdvertisingGrp/TotalAmt02847
IRS990/AllOtherContributionsAmt045500
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0169
IRS990/AllOtherExpensesGrp/ProgramServicesAmt09077
IRS990/AllOtherExpensesGrp/TotalAmt09246
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0DAVE WHITE
IRS990/BooksInCareOfDetail/PhoneNum03124516101
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0305 E Garfiled BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060637
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01976174
IRS990/CashNonInterestBearingGrp/EOYAmt01644127
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt045500
IRS990/CYGrantsAndSimilarPaidAmt040000
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0638330
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1033629
IRS990/CYSalariesCompEmpBnftPaidAmt0400799
IRS990/CYTotalExpensesAmt01079129
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt045500
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0SPACE FUND HAS SUCCESSFUL STABILIZED SEVERAL BUILDINGS ON THE SOUTH SIDE, MAKING ONE FIT TO ESTABLISH A WORKING SAW MILL THAT IS TRAINING LOCAL STAFF ON MILLING AND WOOD WORKING TECHNIQUES AND TECHNOLOGIES. TEMPORARY ACTIVATION OF THE ST. LAURENCE SCHOOL TO HOST A BENEFIT FOR SPACE FUND PARTNER, REBUILD FOUNDATION. ONGOING RENOVATION OF A CITY OWNED PARKS FACILITY WHICH WILL EXTEND OUR WOOD TRAINING AND FABRICATION EDUCATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt011
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01053544
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02672
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt057329
IRS990/FeesForServicesAccountingGrp/TotalAmt060001
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03953
IRS990/FeesForServicesLegalGrp/TotalAmt03953
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt021
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0252183
IRS990/FeesForServicesOtherGrp/TotalAmt0252204
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0THEASTER GATES JR
IRS990/Form990PartVIISectionAGrp/PersonNm1LORI A BERKO
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm3RICHARD SCIORTINO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0116000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt045500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt040000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt040000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt045500
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02034
IRS990/InsuranceGrp/ProgramServicesAmt015788
IRS990/InsuranceGrp/TotalAmt017822
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt015
IRS990/InterestGrp/ProgramServicesAmt0198
IRS990/InterestGrp/TotalAmt0213
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt025
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0159
IRS990/LandBldgEquipBasisNetGrp/BOYAmt068594
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0951135
IRS990/LandBldgEquipCostOrOtherBssAmt0951294
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0See Schedule O
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04931261
IRS990/NetAssetsOrFundBalancesEOYAmt03916411
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt047618
IRS990/OccupancyGrp/TotalAmt047618
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01467
IRS990/OfficeExpensesGrp/ProgramServicesAmt043493
IRS990/OfficeExpensesGrp/TotalAmt044960
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt018779
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Learning and Assessment
IRS990/OtherExpensesGrp/Desc2Public Programs & Outreach
IRS990/OtherExpensesGrp/Desc3Repairs & Maintenance
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt060
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3960
IRS990/OtherExpensesGrp/ProgramServicesAmt026757
IRS990/OtherExpensesGrp/ProgramServicesAmt19186
IRS990/OtherExpensesGrp/ProgramServicesAmt250063
IRS990/OtherExpensesGrp/ProgramServicesAmt398376
IRS990/OtherExpensesGrp/TotalAmt026817
IRS990/OtherExpensesGrp/TotalAmt19186
IRS990/OtherExpensesGrp/TotalAmt250063
IRS990/OtherExpensesGrp/TotalAmt399336
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010345
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0358042
IRS990/OtherSalariesAndWagesGrp/TotalAmt0368387
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0385
IRS990/PayrollTaxesGrp/ProgramServicesAmt032027
IRS990/PayrollTaxesGrp/TotalAmt032412
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02983230
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01430770
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09196
IRS990/PrincipalOfficerNm0THEASTER GATES JR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05267821
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0256862
IRS990/PYProgramServiceRevenueAmt055000
IRS990/PYRevenuesLessExpensesAmt04929954
IRS990/PYSalariesCompEmpBnftPaidAmt0136005
IRS990/PYTotalExpensesAmt0392867
IRS990/PYTotalRevenueAmt05322821
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1033629
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04931261
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03916411
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt045500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05267821
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt030000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05343321
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt05343321
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt045500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05267821
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt030000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05343321
IRS990ScheduleA/TotalSupportAmt05343321
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0637435
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0637435
IRS990ScheduleD/EquipmentGrp/BookValueAmt020896
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0159
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt021055
IRS990ScheduleD/LandGrp/BookValueAmt0116675
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0116675
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0176129
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0176129
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0951135
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt040000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Donation in support of Chicago Architectural Biennial
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE REBUILD FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0271308845
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06760 S Stony Island ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Chicago
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060649
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0THE STONY GROUP LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1GRAND CROSSING MANAGEMENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Owner
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Owner
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt018000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt119309
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Rent
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1food services
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S MISSION THE ORGANIZATION'S MISSION IS TO PROMOTE, SUPPORT AND ADVANCE PUBLIC APPRECIATION OF THE ARTS, CULTURE AND CIVIC INITIATIVES; TO OWN, DEVELOP, AND MANAGE PROPERTIES DEDICATED TO CULTURE AND THE ADVANCEMENT OF ARTISTIC PRACTICES OF ARTISTS AND THE TRANSFORMATION OF COMMUNITIES THAT SUPPORT THE ARTS; PROMOTE, PROTECT, AND MAINTAIN WORKS OF ART AND THE LEGACY OF ARTISTS;AND MAKE DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPTORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART III, LINE 4A - FIRST ACCOMPLISHMENTPARTICIPATION IN ON-GOING COMMUNITY PROGRAMMING AT THE STONY ISLAND ARTSBANK. PARTNERSHIP WITH REBUILD FOUNDATION ON THE ACTIVATION OF THE ARTS BANK CAMPUS AND ADDITIONAL RENOVATION TO THE SITE. ON GOING DIALOG WITH LOCAL COMMUNITY THROUGH A PROGRAM CALLED ETHICAL REDEVELOPMENT WHICH TRAINS COMMUNITY MEMBERS IN DEVELOPMENT STRATEGIES AND HAS CREATED A NET WORKING PLATFORM FOR FUTURE URBAN LEADERS. SPACE FUND HAS ONGOING PARTICIPATION IN LOCAL AND NATIONAL CONVERSATIONS AROUND THE ISSUES OF URBAN TRANSFORMATION. WE REMAIN A LEADER IN SMARTGROWTH EFFORTS AND NEIGHBORHOOD STEWARDSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990, PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990FORM 990 WAS REVIEWED BY THE TREASURER ON BEHALF OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICYANNUAL CONFLICT DISCLOSURES ARE SENT OUT THAT REQUIRE DISCLOSURE ORREAFFIRMATION THAT NONE EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION PROCESS FOR TOP OFFICIALRESEARCH ONLINE OF COMPARABLE POSITIONS & REVIEWING PUBLIC DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS DISCLOSURE EXPLANATIONGOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The 2016 Form 990 was submitted before the audit was completed. The beginning net assets needed to be adjusted per audit adjustments.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Performnace fees 8144. 8144. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Licenses and Fees 852. 683. 169. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Dues & Subscriptions 250. 250. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt III, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05042101
IRS990/TotalAssetsEOYAmt04035228
IRS990/TotalAssetsGrp/BOYAmt05042101
IRS990/TotalAssetsGrp/EOYAmt04035228
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt045500
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025585
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01053544
IRS990/TotalFunctionalExpensesGrp/TotalAmt01079129
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0110840
IRS990/TotalLiabilitiesEOYAmt0118817
IRS990/TotalLiabilitiesGrp/BOYAmt0110840
IRS990/TotalLiabilitiesGrp/EOYAmt0118817
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04931261
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03916411
IRS990/TotalProgramServiceExpensesAmt01053544
IRS990/TotalReportableCompFromOrgAmt0116000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt045500
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05042101
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04035228
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt07457
IRS990/TravelGrp/ProgramServicesAmt06607
IRS990/TravelGrp/TotalAmt014064
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt06918 S Dorchester
IRS990/USAddress/CityNm0chicago
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060637
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.spacefundchicago.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LORI A BERKO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03128575561
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Space Fund NFP
ReturnHeader/Filer/BusinessNameControlTxt0SPAC
ReturnHeader/Filer/EIN0473026162
ReturnHeader/Filer/PhoneNum03128575561
ReturnHeader/Filer/USAddress/AddressLine1Txt06918 South Dorchester Ave
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060637
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C6F6B546C1B3496FE103B1BC761A76F22F96C9E1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03F6EE077D64F504EFBD03D5D3E8BC1D093C0B1F3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.167.198.37
ReturnHeader/FilingSecurityInformation/IPDt02018-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm013:19:58
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Prado & Renteria CPAs Prof Corp
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01837 S Michigan Ave 2nd Fl
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060616
ReturnHeader/PreparerPersonGrp/PhoneNum03125671330
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICIA FEAR
ReturnHeader/ReturnTs02018-11-14T13:20:10-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $1M-$5M nonprofits