Civic Intelligence

Lillian Marcie Legacy Co

EIN 87-2799111 • 501(c)3 • Chicago, IL

Profile

Lillian marcie center will be the capstone for black prforming arts centered in bronzeville and catering to global black artist across all performance arts genres.

1016 W JacksonChicago, IL 60607-2914

lillianmarcie.org

Siviq Scores

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

Liabilities / Assets

94th percentile

1.00x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

100th percentile

42.04x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

1st percentile

-693%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

57th percentile

6.1%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

95th percentile

192%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,993,395

Up $114,803 (+6.1%) from 2022

Liabilities

Up

$1,993,395

Up $114,803 (+6.1%) from 2022

Net Assets

Flat

$0

Flat from 2022

Revenue

Up

$47,414

Up $31,201 (+192%) from 2022

Expenses

Down

$375,936

Down $299,171 (-44%) from 2022

Net Income

Up

-$328,522

Up $330,372 (+50%) from 2022

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $1,878,592Liabilities 2022: $1,878,592Net Assets 2022: $02022Assets 2023: $1,993,395Liabilities 2023: $1,993,395Net Assets 2023: $02023

Highlighted filing

2023

Assets$1,993,395
Liabilities$1,993,395
Net Assets$0

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $16,213Expenses 2022: $675,107Net Income 2022: -$658,8942022Revenue 2023: $47,414Expenses 2023: $375,936Net Income 2023: -$328,5222023

Highlighted filing

2023

Revenue$47,414
Expenses$375,936
Net Income-$328,522

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 22, 2024
Return Version
2023v5.0
Gross Receipts
$47,414
Mission and Program Overview

Mission

Lillian marcie center will be the capstone for black prforming arts centered in bronzeville and catering to global black artist across all performance arts genres.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,820,002$1,866,619▲ $46,617
Receivables From Officers Etc$40,982$126,190▲ $85,208
Loans From Officers Directors$40,982$126,190▲ $85,208
Cash and Non-Interest-Bearing Accounts$17,608$586▼ $17,022
Total Assets$1,878,592$1,993,395▲ $114,803
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,837,610$1,867,205▲ $29,595
Total Liabilities$1,878,592$1,993,395▲ $114,803
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$1,878,592$1,993,395▲ $114,803
Compensation and Service Providers

Board Members and Trustees

NameTitle
Harry LennixPresident/director
Bruce MontgomeryDirector
Kahil ElvabarDirector
Keith GilesDirector
Aaron GilesSecretary/director
Michael WordlawTreasurer/vice Pres/director
Revenue and Support

Revenue Composition

Contributions and Grants
$47,139
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$275
All Other Contributions
$39,542
Change in Net Assets
$-328,522
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$375,936
Total Fundraising Expense$42,789
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$70,694$92,578$42,789$206,061
Interest$0$121,806$0$121,806
Depreciation Depletion$0$26,238$0$26,238
Fees for Services Other$0$19,223$0$19,223
Fees for Services Legal$0$1,800$0$1,800
Insurance$0$571$0$571
Conferences and Meetings$0$237$0$237
Total Functional Expenses$70,694$262,453$42,789$375,936
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$40,982$126,190▲ $85,208
Receivables from Officers, Directors, Trustees, and Key Employees$40,982$126,190▲ $85,208
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
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
Yes
Filing and Contact Details

Filer

Filer Name
Lillian Marcie Legacy Co
EIN
87-2799111
Phone
3236321155
Address
1016 W JACKSON, CHICAGO, IL 60607-2914

Signing Officer

Name
Harry J Lennix
Title
President
Phone
3236321155
Signed
2024-05-22
Discuss with paid preparer
Yes

Organization Details

Formed
2021
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
3
Employees
0
Volunteers
1

Preparer

Firm
Cameo
Address
36908 ARISTO PL, PALMDALE, CA 93550
Preparer
Wanda J Kainz
Phone
6615333003
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Any officers, directors, trusees, or key employees have a family relationship or business relationship with any other officer, director, trustee or key employee: keith giles-vice president/director father of arron giles-secretary son.

Pt VI, Line 3

Did the organization delegate control over management duties customary performed by or under the direct supervision of officers, directors, trustees, or key employees to a manangement company or other prson - taron patton- organizational skills with setting up programs as a outside contractor - exfacto member of the board

Pt VI, Line 11B

Review of from 990 - email copy will be provided to each officer and member of the board along with statement of activity detail and statement of financial position

Pt VI, Line 12C

Conflict of interest - did the organization regulary and consistently monitor and enforce compliance with the policy - yes, organization regularly and consistently monitor and enforce any and all conflict of interest - discussed and noted in board meeting notes if any

Pt VI, Line 15A

Process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision - for officers and key employees of the organization - yes, market research comparability of experiance levels and job experience to related fields.

Pt XII, Line 3B

Did organization undergo an audit - the oganization at this time has elected not to have an outside audit preformed do to the and lack of funds/donations

Form 990, Part IX, Line 24E

Fundraising development director 9629. 0. 0. 9629.

Form 990, Part IX, Line 24E

Fundraising expense 1650. 0. 0. 1650.

Form 990, Part IX, Line 24E

Fundraising grant writer 3400. 0. 0. 3400.

Form 990, Part IX, Line 24E

Fundraising legal & professional fees 17117. 0. 0. 17117.

Form 990, Part IX, Line 24E

Fundraising marketing/advertising/branding 1238. 0. 0. 1238.

Form 990, Part IX, Line 24E

Fundraising venue 9755. 0. 0. 9755.

Form 990, Part IX, Line 24E

Program expenses entertainment director/booking agent 10000. 10000. 0. 0.

Form 990, Part IX, Line 24E

Program expense marketing assistant 7300. 7300. 0. 0.

Form 990, Part IX, Line 24E

Program expense material & supplies 2324. 2324. 0. 0.

Form 990, Part IX, Line 24E

Program expense production 49720. 49720. 0. 0.

Form 990, Part IX, Line 24E

Program expense videographer/camera/editing 1350. 1350. 0. 0.

Form 990, Part IX, Line 24E

Bank & credit card fees 307. 0. 307. 0.

Form 990, Part IX, Line 24E

Corporate sponsorships 4500. 0. 4500. 0.

Form 990, Part IX, Line 24E

Dues & subscriptions 1149. 0. 1149. 0.

Form 990, Part IX, Line 24E

Operations consultant 79950. 0. 79950. 0.

Form 990, Part IX, Line 24E

Office supplieis 160. 0. 160. 0.

Form 990, Part IX, Line 24E

Postage & delivery 23. 0. 23. 0.

Form 990, Part IX, Line 24E

Travel expense 6489. 0. 6489. 0.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/TotalBalanceDueAmt0126190
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANY OFFICERS, DIRECTORS, TRUSEES, OR KEY EMPLOYEES HAVE A FAMILY RELATIONSHIP OR BUSINESS RELATIONSHIP WITH ANY OTHER OFFICER, DIRECTOR, TRUSTEE OR KEY EMPLOYEE: KEITH GILES-VICE PRESIDENT/DIRECTOR FATHER OF ARRON GILES-SECRETARY SON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DID THE ORGANIZATION DELEGATE CONTROL OVER MANAGEMENT DUTIES CUSTOMARY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES TO A MANANGEMENT COMPANY OR OTHER PRSON - TARON PATTON- ORGANIZATIONAL SKILLS WITH SETTING UP PROGRAMS AS A OUTSIDE CONTRACTOR - EXFACTO MEMBER OF THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEW OF FROM 990 - EMAIL COPY WILL BE PROVIDED TO EACH OFFICER AND MEMBER OF THE BOARD ALONG WITH STATEMENT OF ACTIVITY DETAIL AND STATEMENT OF FINANCIAL POSITION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTEREST - DID THE ORGANIZATION REGULARY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY - YES, ORGANIZATION REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE ANY AND ALL CONFLICT OF INTEREST - DISCUSSED AND NOTED IN BOARD MEETING NOTES IF ANY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROCESS FOR DETERMINING COMPENSATION OF THE FOLLOWING PERSONS INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION - FOR OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION - YES, MARKET RESEARCH COMPARABILITY OF EXPERIANCE LEVELS AND JOB EXPERIENCE TO RELATED FIELDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DID ORGANIZATION UNDERGO AN AUDIT - THE OGANIZATION AT THIS TIME HAS ELECTED NOT TO HAVE AN OUTSIDE AUDIT PREFORMED DO TO THE AND LACK OF FUNDS/DONATIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FUNDRAISING DEVELOPMENT DIRECTOR 9629. 0. 0. 9629.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FUNDRAISING EXPENSE 1650. 0. 0. 1650.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FUNDRAISING GRANT WRITER 3400. 0. 0. 3400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FUNDRAISING LEGAL & PROFESSIONAL FEES 17117. 0. 0. 17117.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10FUNDRAISING MARKETING/ADVERTISING/BRANDING 1238. 0. 0. 1238.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11FUNDRAISING VENUE 9755. 0. 0. 9755.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PROGRAM EXPENSES ENTERTAINMENT DIRECTOR/BOOKING AGENT 10000. 10000. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13PROGRAM EXPENSE MARKETING ASSISTANT 7300. 7300. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14PROGRAM EXPENSE MATERIAL & SUPPLIES 2324. 2324. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15PROGRAM EXPENSE PRODUCTION 49720. 49720. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16PROGRAM EXPENSE VIDEOGRAPHER/CAMERA/EDITING 1350. 1350. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17BANK & CREDIT CARD FEES 307. 0. 307. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18CORPORATE SPONSORSHIPS 4500. 0. 4500. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19DUES & SUBSCRIPTIONS 1149. 0. 1149. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20OPERATIONS CONSULTANT 79950. 0. 79950. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21OFFICE SUPPLIEIS 160. 0. 160. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22POSTAGE & DELIVERY 23. 0. 23. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23TRAVEL EXPENSE 6489. 0. 6489. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt XII, Line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990, Part IX, Line 24e
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IRS990/TotalAssetsGrp/EOYAmt01993395
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IRS990/TotalLiabilitiesBOYAmt01878592
IRS990/TotalLiabilitiesEOYAmt01993395
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0275
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt047414
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IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
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IRS990/VotingMembersGoverningBodyCnt06
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IRS990/WebsiteAddressTxt0lillianmarcie.org
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
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ReturnHeader/BusinessOfficerGrp/PhoneNum03236321155
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LILLIAN MARCIE LEGACY CO
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CAMEO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt036908 ARISTO PL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PALMDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093550
ReturnHeader/PreparerPersonGrp/PhoneNum06615333003
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Wanda J Kainz
ReturnHeader/ReturnTs02024-05-22T11:09:55-07:00

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