The Guild Complex EIN 36-3696615 Form 990 (PDF) Claim this org

The Guild Complex

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The Guild Complex is an arts and culture nonprofit based in Chicago, IL, formed in 1990. For fiscal year 2025 it reported $298K in revenue, $142K in expenses, and $222K in net assets.Pt I

Founded
1990
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Chicago, IL
Website
www.guildcomplex.com
Filings
6 on file (2020–2025)
Revenue
$298KFY2025
Expenses
$142K
Net assets
$222K
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  36-3696615 Public charity (501(c)(3)) Chicago, IL Founded 1990
Form 990 (PDF)
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Size
$100K–1M
What they do
an arts and culture nonprofit
Leadership
Jessica Caravallah · Board Director - Former
Money in and out
$298K revenue, $142K expenses
Bottom line
17% program efficiency
Where the money goes · FY2025
Total revenue
$298K
Pt VIII · Ln 12
Total expenses
$142K
Pt IX · Ln 25
Net assets
$222K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $156K
Where spending went · Part IX cols B–D
Program services $0.17 Management & general $0.62 Fundraising $0.20
Program efficiency
17%
of spending reaches programs
Operating runway
4.9mo
months of highly liquid reserves at operating expense rate▲ +26% vs prior filing year
Surplus margin
+52%
revenue over expenses, this year▲ ×17 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$298K
FY2025▲ +114%
Total revenue
$298K
Pt VIII · Ln 12
Total expenses
$142K
Pt IX · Ln 25
Net assets
$222K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$156K
Total assetsPt X · Ln 16$223K
Program-expense ratioPt IX · col B17%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Guild Complex
EINHdr · item D36-3696615
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jwww.guildcomplex.com
Year of formationHdr · item L1990
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A600)
Ruling yearIRS BMFJul 1990

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Director - Former
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director - 2026
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board VP - Former
$0Pt VII · Sec A

Andrea L Change’s $32K as Executive Director is at the 27th percentile of top reported officer pay among 2216 $100K–1M 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

NameFY2022FY2020
Andrea L Change$32,200$19,200

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.

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Mission & Programs · Part III

Where the work happens

1 program service account for $25K of program spending, described in the organization's own filed words · FY2025.
01

The Guild Literary Complex is a 35-year-old grassroots literary arts organization creating performance-based events in and around the Chicagoland area. We partner and collaborate with other community groups on social and restorative justice issues, providing arts and advocacy programming for marginalized voices.

$25Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$297K
Program service revenue$1K
— government grantsLn 1e$5K
Total revenueLn 12$298K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.17 Management & general $0.62 Fundraising $0.20
Program services17%$25K
Management & general62%$89K
Fundraising20%$29K
Total functional expensesLn 25$142K

Balance Sheet

Part X · end of year
CashLn 1$58K
Total assetsLn 16$223K
Total liabilitiesLn 26$488
Total net assetsLn 32$222K
Months of cash on handcomputed4.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $58K · Operating expenses/yr $142K
4.9 months
Where the money goes
Program services
Program services $25K · Total expenses $142K
17%
Management & General
Management & general $89K · Total expenses $142K
62%
Fundraising
Fundraising $29K · Total expenses $142K
20%
Cost to raise $1
Fundraising expense $29K · Solicited contributions $292K
$0.10 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $297K · Total revenue $298K
100%
Government reliance
Government grants $5K · Total revenue $298K
2%
Earned-income share
Program service revenue $1K · Total revenue $298K
0.4%
Investment reliance
Investment income $0 · Total revenue $298K
0%
Program self-sufficiency
Program service revenue $1K · Total expenses $142K
0.9%
Growth & trend
Revenue growth (YoY)
This year $298K · Prior year $139K
+114%
Net-asset trend (YoY)
End of year $222K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $298K · Expenses $142K
+52%
Liabilities-to-Assets
Total liabilities — · Total assets $223K
Net-asset ratio
Net assets $222K · Total assets $223K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $223K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rachel Walerstein · Reported title Board Director · Highest reported compensation $0 · Total expenses $142K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $58K · Total expenses $142K
40%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 17%
Overhead ratio 62%
Fundraising cost ratio 10%
Revenue growth 114%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$20K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$298K revenue · viewing · ⤓ 990 PDF
FY2024$139K revenue · ⤓ 990 PDF
FY2023$142K revenue · ⤓ 990 PDF
FY2022$63K revenue · ⤓ 990 PDF
FY2021$85K revenue · ⤓ 990 PDF
FY2020$13K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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