Civic Intelligence

Artists Book House Nfp

990 • Fiscal year 2021 • EIN 84-3232728

Jan 01, 2021 to Dec 31, 2021 • Filed on May 15, 2022

P O Box 5851Evanston, IL 60204-5851

(708) 715-9346

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Higher debt load relative to assets than 33% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

33rd percentile

0.00x

Higher debt load relative to revenue than 33% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

97th percentile

89%

Higher net margin than 97% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

97th percentile

314%

Faster asset growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

94th percentile

223%

Faster revenue growth than 94% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$404,852

Up $306,979 (+314%) from 2020

Net Assets

Up

$404,238

Up $306,541 (+314%) from 2020

Liabilities

Up

$614

Up $438 (+249%) from 2020

Revenue

Up

$341,480

Up $235,900 (+223%) from 2020

Expenses

Up

$38,816

Up $25,761 (+197%) from 2020

Net Income

Up

$302,664

Up $210,139 (+227%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2020: $97,873Liabilities 2020: $176Net Assets 2020: $97,6972020Assets 2021: $404,852Liabilities 2021: $614Net Assets 2021: $404,2382021Assets 2022: $477,745Liabilities 2022: $1,496Net Assets 2022: $476,2492022Assets 2023: $445,624Liabilities 2023: $3,517Net Assets 2023: $442,1072023Assets 2024: $375,541Liabilities 2024: $414Net Assets 2024: $375,1272024

Highlighted filing

2021

Assets$404,852
Liabilities$614
Net Assets$404,238

Operations Trend

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

$400K$200K$0-$200KRevenue 2020: $105,580Expenses 2020: $13,055Net Income 2020: $92,5252020Revenue 2021: $341,480Expenses 2021: $38,816Net Income 2021: $302,6642021Revenue 2022: $136,860Expenses 2022: $67,733Net Income 2022: $69,1272022Revenue 2023: $121,198Expenses 2023: $167,811Net Income 2023: -$46,6132023Revenue 2024: $134,154Expenses 2024: $201,134Net Income 2024: -$66,9802024

Highlighted filing

2021

Revenue$341,480
Expenses$38,816
Net Income$302,664
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 15, 2022
Return Version
2021v4.0
Gross Receipts
$543,062
Mission and Program Overview

Mission

Founded by former faculty, staff, and alumni of the columbia college chicago center for book and paper arts, the organizations purpose is to create a new home in chicagoland where artists, writers, readers, and other thoughtful people can gather to learn and create. The organization's mission is establising an educational organization devoted to fostering community through the book arts: writing, reading, printing, bookbinding, papermaking, typography, calligraphy, poetry, fiction, and more.

Artists book house is a new organization devoted to the book arts: writing, reading, printing, bookbinding, papermaking, typography, calligraphy, poetry, fiction, memoir, artists books, publishing, comics, zines, and much, much more. It is a place where artists, writers, readers, and other thoughtful people gather to learn and create. Through education, exhibitions, publications, and events, artists book house expands our community. We promote the literary arts and the crafts of book making. We rejoice in the physical form of the book and embrace interdisciplinary approaches to the book arts. We are committed to conservation, understanding the history and craft of the book, and sharing knowledge. We celebrate diversity and are committed to empowering people to tell their stories, to transform their worlds into books.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$224,228-
Cash and Non-Interest-Bearing Accounts$79,891$154,405▲ $74,514
Land, Buildings, and Equipment, Net$17,982$24,722▲ $6,740
Inventories for Sale or Use-$1,497-
Total Assets$97,873$404,852▲ $306,979
Liabilities
Accounts Payable and Accrued Expenses$176$406▲ $230
Other Liabilities-$208-
Total Liabilities$176$614▲ $438
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$97,697$404,238▲ $306,541
Total Net Assets Fund Balance$97,697$404,238▲ $306,541
Total Liabilities and Net Assets / Fund Balance$97,873$404,852▲ $306,979

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$24,722$1,067$25,789
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kenneth GerlevePresident
-Secretary
Eileen MaddenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$337,201
Program Service Revenue
$530
Investment Income
$-920
Other Revenue
$4,669
All Other Contributions
$337,201
Change in Net Assets
$302,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$38,816
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$8,651--$8,651
Insurance$8,070--$8,070
Occupancy$5,950--$5,950
Office Expenses$3,526--$3,526
Advertising$1,619--$1,619
Fees for Services Accounting$1,473--$1,473
All Other Expenses$1,216--$1,216
Depreciation Depletion$653--$653
Other Expenses$641--$641
Conferences and Meetings$176--$176
Fees for Services Legal$70--$70
Total Functional Expenses$38,816$0$0$38,816
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Bookeeper$208
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board of directors will review the 990 prior to the filing with the irs.

Form 990, Page 6, Part VI, Line 19

A copy of the 990 can be emailed to those that request the information bu contacting a team member via the organization's website.

Filing and Contact Details

Filer

Filer Name
Artists Book House Nfp
EIN
84-3232728
Phone
7087159346
Address
P O BOX 5851, EVANSTON, IL 60204-5851

Signing Officer

Name
Audrey Niffenegger
Title
President
Phone
7087159346
Signed
2022-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2019
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
135

Preparer

Firm
KOLNICKI PETERSON & WIRTH CPA'S
Address
1400 OPUS PLACE SUITE 100, DOWNERS GROVE, IL 60515
Preparer
Kenneth W Peterson CPA
Phone
6303901140
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Founded by former faculty, staff, and alumni of the columbia college chicago center for book and paper arts, the organizations purpose is to create a new home in chicagoland where artists, writers, readers, and other thoughtful people can gather to learn and create. The organization's mission is establising an educational organization devoted to fostering community through the book arts: writing, reading, printing, bookbinding, papermaking, typography, calligraphy, poetry, fiction, and more.

Form 990, Page 2, Part III, Line 4A

Artists book house is a new organization devoted to the book arts: writing, reading, printing, bookbinding, papermaking, typography, calligraphy, poetry, fiction, memoir, artists books, publishing, comics, zines, and much, much more. It is a place where artists, writers, readers, and other thoughtful people gather to learn and create. Through education, exhibitions, publications, and events, artists book house expands our community. We promote the literary arts and the crafts of book making. We rejoice in the physical form of the book and embrace interdisciplinary approaches to the book arts. We are committed to conservation, understanding the history and craft of the book, and sharing knowledge. We celebrate diversity and are committed to empowering people to tell their stories, to transform their worlds into books. It will offer comprehensive instruction in the book and literary arts through classes for adults and children, artist talks, author readings, exhibitions and outreach programming. It intends to have a book shop and offer internships to train a new, diverse generation of artists, writers, and artisans. It will offer opportunities for artists and writers to publish, exhibit, and sell their work. It will have a library which will be available to the public for research. It will have a caf which will be a hub of social life of the organization.

Form 990, Part IX, Line 11G

Outside contract services 8,651 0 0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOUNDED BY FORMER FACULTY, STAFF, AND ALUMNI OF THE COLUMBIA COLLEGE CHICAGO CENTER FOR BOOK AND PAPER ARTS, THE ORGANIZATIONS PURPOSE IS TO CREATE A NEW HOME IN CHICAGOLAND WHERE ARTISTS, WRITERS, READERS, AND OTHER THOUGHTFUL PEOPLE CAN GATHER TO LEARN AND CREATE. THE ORGANIZATION'S MISSION IS ESTABLISING AN EDUCATIONAL ORGANIZATION DEVOTED TO FOSTERING COMMUNITY THROUGH THE BOOK ARTS: WRITING, READING, PRINTING, BOOKBINDING, PAPERMAKING, TYPOGRAPHY, CALLIGRAPHY, POETRY, FICTION, AND MORE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ARTISTS BOOK HOUSE IS A NEW ORGANIZATION DEVOTED TO THE BOOK ARTS: WRITING, READING, PRINTING, BOOKBINDING, PAPERMAKING, TYPOGRAPHY, CALLIGRAPHY, POETRY, FICTION, MEMOIR, ARTISTS BOOKS, PUBLISHING, COMICS, ZINES, AND MUCH, MUCH MORE. IT IS A PLACE WHERE ARTISTS, WRITERS, READERS, AND OTHER THOUGHTFUL PEOPLE GATHER TO LEARN AND CREATE. THROUGH EDUCATION, EXHIBITIONS, PUBLICATIONS, AND EVENTS, ARTISTS BOOK HOUSE EXPANDS OUR COMMUNITY. WE PROMOTE THE LITERARY ARTS AND THE CRAFTS OF BOOK MAKING. WE REJOICE IN THE PHYSICAL FORM OF THE BOOK AND EMBRACE INTERDISCIPLINARY APPROACHES TO THE BOOK ARTS. WE ARE COMMITTED TO CONSERVATION, UNDERSTANDING THE HISTORY AND CRAFT OF THE BOOK, AND SHARING KNOWLEDGE. WE CELEBRATE DIVERSITY AND ARE COMMITTED TO EMPOWERING PEOPLE TO TELL THEIR STORIES, TO TRANSFORM THEIR WORLDS INTO BOOKS. IT WILL OFFER COMPREHENSIVE INSTRUCTION IN THE BOOK AND LITERARY ARTS THROUGH CLASSES FOR ADULTS AND CHILDREN, ARTIST TALKS, AUTHOR READINGS, EXHIBITIONS AND OUTREACH PROGRAMMING. IT INTENDS TO HAVE A BOOK SHOP AND OFFER INTERNSHIPS TO TRAIN A NEW, DIVERSE GENERATION OF ARTISTS, WRITERS, AND ARTISANS. IT WILL OFFER OPPORTUNITIES FOR ARTISTS AND WRITERS TO PUBLISH, EXHIBIT, AND SELL THEIR WORK. IT WILL HAVE A LIBRARY WHICH WILL BE AVAILABLE TO THE PUBLIC FOR RESEARCH. IT WILL HAVE A CAF WHICH WILL BE A HUB OF SOCIAL LIFE OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS WILL REVIEW THE 990 PRIOR TO THE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE 990 CAN BE EMAILED TO THOSE THAT REQUEST THE INFORMATION BU CONTACTING A TEAM MEMBER VIA THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUTSIDE CONTRACT SERVICES 8,651 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KOLNICKI PETERSON & WIRTH CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01400 OPUS PLACE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DOWNERS GROVE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060515
ReturnHeader/PreparerPersonGrp/PhoneNum06303901140
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH W PETERSON CPA
ReturnHeader/ReturnTs02022-05-12T16:18:45-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0AUDREY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NIFFENEGGER
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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