Leverages Preservation to create stable, sustainable, equitable, vibrant & healthy communities.the stabilization, repair, and reactivation of historic buildings can serve as a powerful tool to anchor reinvestment and catalyze healthy, sustainable, prosperous, equitable communities. Our efforts to date have materially and positively impacted countless buildings, stakeholders, and communities throughout Chicago.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$82K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $486K a year · 52% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$82K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 9.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $207K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$15K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$509K
+59% vs prior year
Spent
$368K
To programs
75%
Net assets
$277K
By yearFY2020–FY2024
Revenue
$509K
FY2021▲ +59%
Tap a bar for its year
Revenue by fiscal year
FY2020$319K
FY2021$509K
FY2022$399K
FY2023$1.6M
FY2024$1.8M
Expenses
$368K
FY2021▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$327K
FY2021$368K
FY2022$440K
FY2023$472K
FY2024$636K
Net assets
$277K
FY2021▲ +108%
Tap a bar for its year
Net assets by fiscal year
FY2020$133K
FY2021$277K
FY2022$237K
FY2023$1.4M
FY2024$2.6M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $278K Management & general 18% · $66K Fundraising 7% · $25K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $82K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$82,000Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Ward Miller’s $106K as Executive Director is at the 38th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Ward Miller$106,500$89,500$87,000$82,000$84,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Preservation Chicago Nfp executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves historic buildings to build stable, vibrant, and equitable communities.

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Provided by the organization

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1 program · $278K · in their own filed words · FY2021
01

In 2021, we played a decisive role in the 11TH hour rescue of the lake street schlitz tied HOUSE/FORMER la luce restaurant building from imminent demolition and its designation as a chicago landmark to create permanent protection.

$278Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$509K
Ln 12
Gifts and grantsLn 1h$509K
Investment incomeLn 3$11
Money outPt IX
$368K
Ln 25
Programscol B$278K
Managementcol C$66K
Fundraisingcol D$25K
Owns and owesPt X
$277K
net assets · Ln 32
Cash and savingsLn 1–2$283K
Total assetsLn 16$292K
LiabilitiesLn 26$15K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$509K
Government grantsLn 1e$50K
Investment incomeLn 3$11
Total revenueLn 12$509K
Assets in detailPt X, end of year
CashLn 1$183K
SavingsLn 2$100K
Cash and savings togetherLn 1–2$283K
Land, buildings, equipmentLn 10c$9K
Total assetsLn 16$292K
LiabilitiesLn 26$15K
Net assetsLn 32$277K
OperationsPt I, VI
EmployeesI 54
VolunteersI 616
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$176K$283K
Land, buildings, equipmentLn 10c$12K$9K
Total assetsLn 16$188K$292K
LiabilitiesLn 26$55K$15K
Net assetsLn 32$133K$277K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$90K$76K$4K$9K
Other salaries and wagesLn 7$172K$154K$12K$6K
Other employee benefitsLn 9$27K$24K$2K$1K
Payroll taxesLn 10$18K$16K$1K$1K
Accounting feesLn 11c$5K$5K
Office expensesLn 13$7K$3K$3K$518
Information technologyLn 14$11K$11K
OccupancyLn 16$22K$22K
TravelLn 17$3K$3K
Conferences, conventions and meetingsLn 19$1K$1K
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$7K$3K$663$3K
Total functional expensesLn 25$368K$278K$66K$25K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.8M$636K$1.2M$2.6M 990 PDF
FY2023 $1.6M$472K$1.1M$1.4M 990 PDF
FY2022 $399K$440K−$40K$237K 990 PDF
FY2021 Viewing $509K$368K$141K$277K 990 PDF
FY2020 $319K$327K−$8K$133K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $509,303 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $316,670$509,317
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,596$11
I-11 Other revenuePrior year $1,084−$25
I-12 Total revenuePrior year $319,350$509,303
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $262,060$306,671
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $65,251$61,775
I-18 Total expensesPrior year $327,311$368,446
I-19 Revenue less expensesPrior year −$7,961$140,857
Part VI · Governance 11 of 11 board members independent, 3 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $509,303 across 5 lines filed
Lines not itemized here account for −$25 of total revenue; see the IRS return.
VIII-1e Government grants$50,000
VIII-1f All other contributions, gifts and grants$459,317
VIII-1h Total contributions, gifts and grants$509,317
VIII-3 Investment incomeExcluded from tax $11$11
VIII-12 Total revenueRelated to mission −$25 · Unrelated business $0 · Excluded from tax $11$509,303
Part IX · Statement of functional expenses $368,446 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $76,398 · Management $4,494 · Fundraising $8,988$89,880
IX-7 Other salaries and wagesPrograms $154,175 · Management $11,675 · Fundraising $6,150$172,000
IX-9 Other employee benefitsPrograms $23,733 · Management $1,681 · Fundraising $1,287$26,701
IX-10 Payroll taxesPrograms $15,920 · Management $1,085 · Fundraising $1,085$18,090
IX-11c Accounting feesManagement $4,540$4,540
IX-13 Office expensesPrograms $3,286 · Management $3,397 · Fundraising $518$7,201
IX-14 Information technologyManagement $10,508$10,508
IX-16 OccupancyManagement $21,914$21,914
IX-17 TravelFundraising $3,334$3,334
IX-19 Conferences, conventions and meetingsPrograms $1,043$1,043
IX-22 Depreciation, depletion and amortizationManagement $3,221$3,221
IX-23 InsuranceManagement $2,693$2,693
IX-24 Other expenses (24a–d)Programs $3,422 · Management $663 · Fundraising $3,236$7,321
IX-25 Total functional expensesPrograms $277,977 · Management $65,871 · Fundraising $24,598$368,446
Part X · Balance sheet $291,950 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $25,521$182,948
X-2 Savings and temporary cash investmentsStart of year $150,010$100,021
X-10c Land, buildings and equipment, netStart of year $12,202$8,981
X-16 Total assetsStart of year $187,783$291,950
X-17 Accounts payable and accrued expensesStart of year $1,581$14,941
X-25 Other liabilitiesStart of year $3,000$0
X-26 Total liabilitiesStart of year $54,581$14,941
X-27 Net assets without donor restrictionsStart of year $133,202$277,009
X-32 Total net assets or fund balancesStart of year $133,202$277,009
X-33 Total liabilities and net assetsStart of year $187,783$291,950
Part XI · Reconciliation of net assets $277,009 net assets at year end
XI-1 Total revenue$509,303
XI-2 Total expenses$368,446
XI-3 Revenue less expenses$140,857
XI-4 Net assets at start of year$133,202
XI-8 Prior period adjustments$2,950
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$277,009

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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