Civic Intelligence

Air Artists-In-Residence Studio

EIN 84-3520265 • 501(c)3 • Glencoe, IL

Profile

Provide a supportive environment for underserved artists, provide work and galley space for artists while providing a safe nurturing environment.

348 Tudor CourtGlencoe, IL 60022

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

80th percentile

28%

Higher net margin than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

98th percentile

452%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

86th percentile

60%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$49,120

Up $40,225 (+452%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$49,120

Up $40,225 (+452%) from 2024

Operations
Liabilities / RevenueScore unavailableNet Margin80th percentile

Revenue

Up

$145,858

Up $54,486 (+60%) from 2024

Expenses

Up

$105,633

Up $13,782 (+15%) from 2024

Net Income

Up

$40,225

Up $40,704 (+8498%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2021: $31,614Net Assets 2021: $31,6142021Assets 2022: $80,337Liabilities 2022: $02022Assets 2023: $9,374Liabilities 2023: $02023Assets 2024: $8,895Net Assets 2024: $8,8952024Assets 2025: $49,120Net Assets 2025: $49,1202025

Highlighted filing

2025

Assets$49,120
Liabilities-
Net Assets$49,120
Open 2025 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2021: $68,788Expenses 2021: $55,803Net Income 2021: $12,9852021Revenue 2022: $121,660Expenses 2022: $74,295Net Income 2022: $47,3652022Revenue 2023: $15,622Expenses 2023: $85,265Net Income 2023: -$69,6432023Revenue 2024: $91,372Expenses 2024: $91,851Net Income 2024: -$4792024Revenue 2025: $145,858Expenses 2025: $105,633Net Income 2025: $40,2252025

Highlighted filing

2025

Revenue$145,858
Expenses$105,633
Net Income$40,225
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$49,120
Liabilities
-
Net assets
$49,120
Revenue
$145,858
Expenses
$105,633
Net income
$40,225
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.49$0.49$1.46$1.06$0.40
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.09$0.91$0.92$0.00
2023Summary only. Only limited summary data is available for this year.$0.09$0.00$0.16$0.85$0.70
2022Summary only. Only limited summary data is available for this year.$0.80$0.00$1.22$0.74$0.47
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.32$0.69$0.56$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 9, 2026
Return Version
2025v4.0
Gross Receipts
$145,858
Mission and Program Overview

Mission

Provide a supportive environment for underserved artists, provide work and galley space for artists while providing a safe nurturing environment.

Program Services

DescriptionGrantsExpenses
PROVIDE STUDIO SPACE FOR ARTISTS-$47,255
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGARET SHEARNPresidentPT$0--
JOAN MINSKYTreasurer-$0--
COLLEEN CONLEYSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Air Artists-in-residence Studio
EIN
84-3520265
Phone
7084663519
Address
348 TUDOR COURT, GLENCOE, IL 60022

Signing Officer

Name
Margaret Shearn
Title
President
Phone
7084663519
Signed
2026-02-09

Preparer

Firm
Jerome I Wright & Associates Inc
Address
5250 OLD ORCHARD RD 350 SOUTH TOW, SKOKIE, IL 60077
Preparer
Jason Rose
Phone
8476755991
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses 234 office expense 878 insurance 1,643 art purchases 11,591 computer expense 1,258 credit card fees 40 internet & tv services 2,102 license & permits 85 sales tax 485 supplies & materials 827 watch srevice 1,687 total 20,830”

Form 990-ez, Part I, Line 20

“Prior year balance sheet adjustment 0”

Form 990-ez, Part III

“Provide a supportive environment for underserved artists, provide work and galley space for artists while providing a safe nurturing environment.”

Raw XML Appendix132 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MARGARET SHEARN
IRS990EZ/BooksInCareOfDetail/PhoneNum07084663519
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01256 FOREST AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HIGHLAND PARK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060035
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08895
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt049120
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0145858
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt040225
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt013979
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08895
IRS990EZ/Form990TotalAssetsGrp/EOYAmt049120
IRS990EZ/GrossReceiptsAmt0145858
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08895
IRS990EZ/NetAssetsOrFundBalancesEOYAmt049120
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08895
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt049120
IRS990EZ/OccupancyRentUtltsAndMaintAmt044814
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARGARET SHEARN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOAN MINSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2COLLEEN CONLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt020830
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE A SUPPORTIVE ENVIRONMENT FOR UNDERSERVED ARTISTS, PROVIDE WORK AND GALLEY SPACE FOR ARTISTS WHILE PROVIDING A SAFE NURTURING ENVIRONMENT.
IRS990EZ/PrintingPublicationsPostageAmt0599
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE STUDIO SPACE FOR ARTISTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt047255
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt025411
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0105633
IRS990EZ/TotalProgramServiceExpensesAmt047255
IRS990EZ/TotalRevenueAmt0145858
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0145858
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt091372
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt015622
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0121585
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt068788
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0443225
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt015622
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0121585
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt068788
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0205995
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0649220
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0145858
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt091372
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt031244
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0243170
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0137576
IRS990ScheduleA/Total509Grp/TotalAmt0649220
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0145858
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt091372
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt031244
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0243170
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0137576
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0649220
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 234 OFFICE EXPENSE 878 INSURANCE 1,643 ART PURCHASES 11,591 COMPUTER EXPENSE 1,258 CREDIT CARD FEES 40 INTERNET & TV SERVICES 2,102 LICENSE & PERMITS 85 SALES TAX 485 SUPPLIES & MATERIALS 827 WATCH SREVICE 1,687 TOTAL 20,830
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR YEAR BALANCE SHEET ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDE A SUPPORTIVE ENVIRONMENT FOR UNDERSERVED ARTISTS, PROVIDE WORK AND GALLEY SPACE FOR ARTISTS WHILE PROVIDING A SAFE NURTURING ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARGARET SHEARN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07084663519
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AIR ARTISTS-IN-RESIDENCE STUDIO
ReturnHeader/Filer/BusinessNameControlTxt0AIRA
ReturnHeader/Filer/EIN0843520265
ReturnHeader/Filer/PhoneNum07084663519
ReturnHeader/Filer/USAddress/AddressLine1Txt0348 TUDOR COURT
ReturnHeader/Filer/USAddress/CityNm0GLENCOE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060022
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362742229
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JEROME I WRIGHT & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05250 OLD ORCHARD RD 350 SOUTH TOW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SKOKIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060077
ReturnHeader/PreparerPersonGrp/PhoneNum08476755991
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON ROSE
ReturnHeader/ReturnTs02026-02-27T10:28:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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