Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
990 • Fiscal year 2023 • EIN 81-3014324
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
Liabilities / Revenue
39th percentile
Higher debt load relative to revenue than 39% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
39th percentile
Higher top officer pay than 39% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
98th percentile
Faster revenue growth than 98% of similar nonprofits.
Assets
Up$3,046,539
Up $2,517,478 (+476%) from 2022
Net Assets
Up$2,924,895
Up $2,532,858 (+646%) from 2022
Liabilities
Down$121,644
Down $15,380 (-11%) from 2022
Revenue
Up$3,001,674
Up $2,533,852 (+542%) from 2022
Expenses
Up$446,446
Up $226,718 (+103%) from 2022
Net Income
Up$2,555,228
Up $2,307,134 (+930%) from 2022
The Floating Museum is organized exclusively for charitable, scientifc, religious or education purposes In furtherance thereof, the objects of the corporation are to promote public appreciation for the artsy by constructing and operating one or more floating museums or other mobile platforms for delivering art and culture to non traditional and underserved groups and locations; providing transportable exhibition, performance workshop space that can be sued by diverse neighborhoods and communities
Floating Museum is an arts collective that creates new models exploring relationships between art, community, architecture, and public institutions.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $10,000 | $1,518,087 | ▲ $1,508,087 |
| Savings and Temporary Cash Investments | - | $763,792 | - |
| Cash and Non-Interest-Bearing Accounts | $307,364 | $437,939 | ▲ $130,575 |
| Land, Buildings, and Equipment, Net | $211,697 | $325,069 | ▲ $113,372 |
| Prepaid Expenses and Deferred Charges | - | $1,652 | - |
| Accounts Receivable | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $529,061 | $3,046,539 | ▲ $2,517,478 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $125,239 | $119,230 | ▼ $6,009 |
| Unsecured Notes Loans Payable | $11,785 | - | - |
| Accounts Payable and Accrued Expenses | - | $2,414 | - |
| Total Liabilities | $137,024 | $121,644 | ▼ $15,380 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $5,000 | $1,781,451 | ▲ $1,776,451 |
| Net Assets Without Donor Restrictions | $387,037 | $1,143,444 | ▲ $756,407 |
| Total Net Assets Fund Balance | $392,037 | $2,924,895 | ▲ $2,532,858 |
| Total Liabilities and Net Assets / Fund Balance | $529,061 | $3,046,539 | ▲ $2,517,478 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $177,670 | $12,330 | $190,000 |
| Leasehold Improvements | $120,154 | - | $120,154 |
| Equipment | $17,245 | $575 | $17,820 |
| Land | $10,000 | - | $10,000 |
| Name | Title |
|---|---|
| Faheem Majeed | Exec Dir/Pres |
| Andrew Schachman | Secretary |
| Jeremiah Hulsebos Spofford | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $251,446 |
| Grants and Similar Amounts Paid | $195,000 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $195,000 | - | - | $195,000 |
| Fees for Services Other | $55,956 | $57,697 | - | $113,653 |
| Travel | $36,400 | $120 | - | $36,520 |
| Occupancy | - | $27,711 | - | $27,711 |
| Insurance | - | $16,152 | - | $16,152 |
| Interest | - | $6,803 | - | $6,803 |
| Depreciation Depletion | $4,357 | $1,090 | - | $5,447 |
| Conferences and Meetings | $4,003 | $9 | - | $4,012 |
| All Other Expenses | - | $1,678 | - | $1,678 |
| Office Expenses | - | $1,500 | - | $1,500 |
| Other Expenses | $10,732 | $1,183 | - | $1,183 |
| Advertising | - | $1,114 | - | $1,114 |
| Information Technology | - | $396 | - | $396 |
| Total Functional Expenses | $324,591 | $121,855 | $0 | $446,446 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $453,946 |
| Expenses per Audited Statements | $446,446 |
| Total Expenses per Form 990 | $446,446 |
| Expenses Not Reported on Form 990 | $7,500 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“The Board of Directors reviews the 990 before it is filed.”
“The Organization requires an annual assessment of any potential conflicts of interest.”
“The process for deteriming compensation requires the use of comparable data and comtemporaneous substantiation of the deliberation and decision.”
“The 990 can be acquired through the Guidestar.org and IL Attorney General websites”
“Availible upon request”
“The Organization is exempt from Federal and State income taxes under Section 501(c)(3) of the Internal Revenue Code, therefore, the financial statements do not include a provision for income taxes. The Organization reviews income tax positions taken or expected to be taken in income tax returns to determine if there are any income tax uncertainties. This includes positions that the entity is exempt from income taxes or not subject to income taxes on unrelated business income. The Organization recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on the technical merits of the positions. The Organization has identified no significant income tax uncertainties. The Organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the IRS.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2414 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Floating Museum is an arts collective that creates new models exploring relationships between art, community, architecture, and public institutions. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 1114 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1114 |
| IRS990/AllOtherContributionsAmt | 0 | 2955776 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1678 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1678 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | The Organization |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3124986298 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 7208 S Merrill Ave |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Chicago |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60649 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 307364 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 437939 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 9 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 4003 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 4012 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 2980863 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 195000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 13411 |
| IRS990/CYOtherExpensesAmt | 0 | 251446 |
| IRS990/CYOtherRevenueAmt | 0 | 500 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 6900 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 2555228 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 446446 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3001674 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 1090 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 4357 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 5447 |
| IRS990/Desc | 0 | Using site-responsive art, design, and programming the Organization explores the potential in these relationships, considering the infrastructure, history, and aesthetics of a space. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 5000 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1781451 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 324591 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 57697 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 55956 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 113653 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282FiledCnt | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Faheem Majeed |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Jeremiah Hulsebos Spofford |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Andrew Schachman |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Exec Dir/Pres |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Secretary |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2016 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GovernmentGrantsAmt | 0 | 25087 |
| IRS990/GrantAmt | 0 | 195000 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 195000 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 195000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 3001674 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 396 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 396 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 16152 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 16152 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 6803 |
| IRS990/InterestGrp/TotalAmt | 0 | 6803 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 13411 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 13411 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 17 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 12905 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 211697 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 325069 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 337974 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | Floating Museum is an arts collective that creates new models exploring relationships between art, community, architecture, and public institutions. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 125239 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 119230 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 392037 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2924895 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 387037 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1143444 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 27711 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 27711 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1500 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1500 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Supplies & Materials |
| IRS990/OtherExpensesGrp/Desc | 1 | Printing and Publications |
| IRS990/OtherExpensesGrp/Desc | 2 | Telecommunications |
| IRS990/OtherExpensesGrp/Desc | 3 | Postage and Shipping |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3441 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 862 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 2099 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 1183 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 18143 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 10732 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 21584 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 11594 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2099 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1183 |
| IRS990/OtherInd | 0 | X |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 500 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 500 |
| IRS990/OtherRevenueTotalAmt | 0 | 500 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 10000 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 1518087 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1652 |
| IRS990/PrincipalOfficerNm | 0 | Faheem Majeed |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -22370 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Fiscal Sponsorship Fees |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Rentals |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 2900 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 4000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 2900 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 467822 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 219728 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 248094 |
| IRS990/PYTotalExpensesAmt | 0 | 219728 |
| IRS990/PYTotalRevenueAmt | 0 | 467822 |
| IRS990/QuidProQuoContributionsInd | 0 | true |
| IRS990/QuidProQuoContriDisclInd | 0 | true |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 2555228 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 6900 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 763792 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 2980863 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 467822 |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 117551 |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Organization is exempt from Federal and State income taxes under Section 501(c)(3) of the Internal Revenue Code, therefore, the financial statements do not include a provision for income taxes. The Organization reviews income tax positions taken or expected to be taken in income tax returns to determine if there are any income tax uncertainties. This includes positions that the entity is exempt from income taxes or not subject to income taxes on unrelated business income. The Organization recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on the technical merits of the positions. The Organization has identified no significant income tax uncertainties. The Organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the IRS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X : FIN48 Footnote |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | The Board reviews and approves assistance and awards. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Board of Directors reviews the 990 before it is filed. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Organization requires an annual assessment of any potential conflicts of interest. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The process for deteriming compensation requires the use of comparable data and comtemporaneous substantiation of the deliberation and decision. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The 990 can be acquired through the Guidestar.org and IL Attorney General websites |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Availible upon request |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, Line 11b |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, Line 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, Line 19 |
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| ReturnHeader/BuildTS | 0 | 2024-08-08 14:25:15Z |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.