Historic Preservation

501(c)(3) charity; gifts are tax-deductible.
51¢ of each $1 spent went to programs.
$258K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $85K a year · 5% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
51%
of spending
Worth a look: 51% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$258K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
9 mo
of spending, in cash
Plus $10.4M in investments, Pt X · Ln 11–13
Looks good: 8.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $59K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$284K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
33
of 34 voting members
Looks good: 33 of 34 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
+9% vs prior year
Spent
$1.5M
To programs
51%
Net assets
$11.4M
By yearFY2020–FY2025
Revenue
$1.8M
FY2021▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.6M
FY2021$1.8M
FY2022$2.0M
FY2023$993K
FY2024$2.8M
FY2025$1.4M
Expenses
$1.5M
FY2021▼ -14%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.7M
FY2021$1.5M
FY2022$1.6M
FY2023$1.6M
FY2024$1.8M
FY2025$1.9M
Net assets
$11.4M
FY2021▲ +19%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.5M
FY2021$11.4M
FY2022$10.2M
FY2023$10.2M
FY2024$11.3M
FY2025$11.5M

From the FY2021 Form 990 (year ending June 2021) · 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 (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1976.

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

Where the money goes

51 cents of each dollar spent went to programs.

Program services 51% · $745K Management & general 33% · $481K Fundraising 16% · $226K

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

35 people listed on the 990; $258K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$157,450Pt VII · Sec A
Director of Development and Engagement
$100,758Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
General Counsel
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Bonnie McDonald$188,874$188,911$175,614$165,236$157,450$154,790
Frank Butterfield$134,157$132,050————
Amy Age—————$123,659
Francis Butterfield——$121,877$94,355——
Anne Puotinen————$100,758—

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 Landmarks Preservation Council 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

Protects historic buildings by acquiring and monitoring preservation easements.

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Provided by the organization

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3 programs · $745K · in their own filed words · FY2020
01

Advocacy

Provided technical assistance, strategic advice, site visits, probono services to local advocates, property owners, and elected and municipal officals.

$620Kprogram expense
02

Heritage Fund Grant Programs

Supported the preservation of various landmarks statewide through grantmaking.

$65Kprogram expense
03

Easements

Obtained and monitored preservation easements of buildings with historic significance.

$60Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 4 grants · $22K · 2019–2024
A House in Austin NfpIL · FY2024$6,000
Kane County Development DepartmentFY2020$5,500

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Gifts and grantsLn 1h$963K
Investment incomeLn 3$475K
Fees for servicesLn 2g$384K
Money outPt IX
$1.5M
Ln 25
Programscol B$745K
Managementcol C$481K
Fundraisingcol D$226K
Owns and owesPt X
$11.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$11.6M
LiabilitiesLn 26$284K
PeoplePt VI, VII
35
listed · VII A
PaidVII A2
Voting boardVI 1a34
IndependentVI 1b33
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$963K
Fundraising eventsLn 1c$599K
Fees for servicesLn 2g$384K
Investment incomeLn 3$475K
Gains on assetsLn 7$254K
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$10.4M
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$50K
Total assetsLn 16$11.6M
LiabilitiesLn 26$284K
Net assetsLn 32$11.4M
OperationsPt I, VI
EmployeesI 510
VolunteersI 6125
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$837K$1.1M
InvestmentsLn 11–13$8.7M$10.4M
Land, buildings, equipmentLn 10c$4K$3K
Total assetsLn 16$9.8M$11.6M
LiabilitiesLn 26$253K$284K
Net assetsLn 32$9.5M$11.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$55K$55K
Other salaries and wagesLn 7$807K$326K$310K$170K
Pension plan contributionsLn 8$34K$14K$13K$7K
Other employee benefitsLn 9$58K$24K$23K$12K
Payroll taxesLn 10$56K$23K$22K$12K
Legal feesLn 11b$88K$88K
Accounting feesLn 11c$46K$11K$29K$6K
Office expensesLn 13$10K$3K$7K$369
Information technologyLn 14$8K$3K$3K$2K
OccupancyLn 16$117K$48K$45K$24K
TravelLn 17$655$655
Conferences, conventions and meetingsLn 19$590$473$76$41
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$8K$3K$3K$2K
Other expenses (24a–d)Ln 24$141K$140K$12K−$11K
All other expensesLn 24e$19K$5K$11K$2K
Total functional expensesLn 25$1.5M$745K$481K$226K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.4M$1.9M−$466K$11.5M 990 PDF
FY2024 $2.8M$1.8M$981K$11.3M 990 PDF
FY2023 $993K$1.6M−$636K$10.2M 990 PDF
FY2022 $2.0M$1.6M$415K$10.2M 990 PDF
FY2021 Viewing $1.8M$1.5M$299K$11.4M 990 PDF
FY2020 $1.6M$1.7M−$84K$9.5M 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 J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,750,802 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,213,936$963,307
I-9 Program service revenuePrior year $224,614$383,590
I-10 Investment incomePrior year $314,546$474,530
I-11 Other revenuePrior year −$145,319−$70,625
I-12 Total revenuePrior year $1,607,777$1,750,802
I-13 Grants and similar amounts paidPrior year $315,000$55,265
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $910,350$955,436
I-16a Professional fundraising feesPrior year $53,230$0
I-17 Other expensesPrior year $413,696$441,005
I-18 Total expensesPrior year $1,692,276$1,451,706
I-19 Revenue less expensesPrior year −$84,499$299,096
Part VI · Governance 33 of 34 board members independent, no flags
VI-1a Voting members of the governing body34
VI-1b Independent voting members33
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,750,802 across 9 lines filed
VIII-1b Membership dues$36,603
VIII-1c Fundraising events$598,916
VIII-1f All other contributions, gifts and grants$327,788
VIII-1h Total contributions, gifts and grants$963,307
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $383,590$383,590
VIII-3 Investment incomeRelated to mission $220,634$220,634
VIII-7 Net gain or loss on sales of assetsRelated to mission $253,896$253,896
VIII-8 Net income from fundraising eventsExcluded from tax −$70,625−$70,625
VIII-12 Total revenueRelated to mission $858,120 · Unrelated business $0 · Excluded from tax −$70,625$1,750,802
Part IX · Statement of functional expenses $1,451,706 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $55,265$55,265
IX-7 Other salaries and wagesPrograms $326,405 · Management $310,366 · Fundraising $170,082$806,853
IX-8 Pension plan contributionsPrograms $13,744 · Management $13,069 · Fundraising $6,957$33,770
IX-9 Other employee benefitsPrograms $23,831 · Management $22,584 · Fundraising $12,062$58,477
IX-10 Payroll taxesPrograms $22,929 · Management $21,802 · Fundraising $11,605$56,336
IX-11b Legal feesPrograms $88,483$88,483
IX-11c Accounting feesPrograms $11,477 · Management $29,144 · Fundraising $5,809$46,430
IX-13 Office expensesPrograms $2,538 · Management $7,190 · Fundraising $369$10,097
IX-14 Information technologyPrograms $3,376 · Management $3,211 · Fundraising $1,709$8,296
IX-16 OccupancyPrograms $47,703 · Management $45,359 · Fundraising $24,145$117,207
IX-17 TravelPrograms $655$655
IX-19 Conferences, conventions and meetingsPrograms $473 · Management $76 · Fundraising $41$590
IX-22 Depreciation, depletion and amortizationManagement $1,952$1,952
IX-23 InsurancePrograms $3,064 · Management $2,914 · Fundraising $1,551$7,529
IX-24 Other expenses (24a–d)Programs $139,794 · Management $11,985 · Fundraising −$10,700$141,079
IX-24e All other expensesPrograms $4,845 · Management $11,490 · Fundraising $2,352$18,687
IX-25 Total functional expensesPrograms $744,582 · Management $481,142 · Fundraising $225,982$1,451,706
Part X · Balance sheet $11,637,619 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $837,047$1,055,824
X-3 Pledges and grants receivableStart of year $162,650$48,500
X-9 Prepaid expenses and deferred chargesStart of year $37,084$34,218
X-10c Land, buildings and equipment, netStart of year $4,102$2,959
X-12 Other securitiesStart of year $8,661,908$10,444,827
X-14 Intangible assetsStart of year $9,040$1,291
X-15 Other assetsStart of year $50,000$50,000
X-16 Total assetsStart of year $9,761,831$11,637,619
X-17 Accounts payable and accrued expensesStart of year $56,561$123,400
X-18 Grants payableStart of year $24,000$6,000
X-25 Other liabilitiesStart of year $153,172$154,889
X-26 Total liabilitiesStart of year $252,733$284,289
X-27 Net assets without donor restrictionsStart of year $8,894,619$10,603,183
X-28 Net assets with donor restrictionsStart of year $614,479$750,147
X-32 Total net assets or fund balancesStart of year $9,509,098$11,353,330
X-33 Total liabilities and net assetsStart of year $9,761,831$11,637,619
Part XI · Reconciliation of net assets $11,353,330 net assets at year end
XI-1 Total revenue$1,750,802
XI-2 Total expenses$1,451,706
XI-3 Revenue less expenses$299,096
XI-4 Net assets at start of year$9,509,098
XI-5 Net unrealized gains (losses) on investments$1,552,883
XI-9 Other changes in net assets−$7,747
XI-10 Net assets at end of year$11,353,330

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

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