Frank Lloyd Wright Building Conservancy EIN 36-3703598

Frank Lloyd Wright Building Conservancy FY2020 filing

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Preserves and maintains Frank Lloyd Wright's structures through education and technical help. For fiscal year 2020 it reported $709K in revenue, $512K in expenses, and $3.6M in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Chicago, IL
Website
www.savewright.org
Filings
5 on file (2020–2020)
Revenue
$709KFY2020
Expenses
$512K
Net assets
$3.6M
People
26
Filings
5
Updates
0
More identity details & actions ⌄
EIN  36-3703598 Public charity (501(c)(3)) Chicago, IL
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Preserves and maintains Frank Lloyd Wright's structures through education and technical help.
Leadership
Barbara Gordon · Executive Director · $84K
Money in and out
$709K revenue, $512K expenses
Bottom line
72% program efficiency
Where the money goes · FY2020
Total revenue
$709K
Pt VIII · Ln 12
Total expenses
$512K
Pt IX · Ln 25
Net assets
$3.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $198K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.12 Fundraising $0.16
Program efficiency
72%
of spending reaches programs
Operating runway
90.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+28%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$709K
FY2020
Expenses
$512K
FY2020
Total assets
$3.7M
FY2020
Total liabilities
$52K
FY2020
Total revenue
$709K
Pt VIII · Ln 12
Total expenses
$512K
Pt IX · Ln 25
Net assets
$3.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$198K
Total assetsPt X · Ln 16$3.7M
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 325
Independent voting membersPt I · Ln 425
Mission & Programs · Part III

Where the work happens

3 program services account for $355K of program spending, described in the organization's own filed words · FY2020.
01

The conservancy sponsored an annual conference attended by conservancy members, wright building owners, architects, scholars, preservationists, and wright enthusiasts to share knowledge and experiences with others committed to preserving wright's work. For 2020 this event was held virtually due to the worldwide pandemic.

$148Kprogram expense
02

The conservancy provides information and technical assistance to members, private and public organizations, and to governmental bodies with respect to wright-related preservation issues. It also oversees the activities of the frank lloyd wright world heritage council.

$123Kprogram expense
03

Provide publications with general interest and scholarly articles about wright's designs and his body of work, endangered wright buildings, restoration methods, experiences of wright building owners, wright buildings for sale, wright-related current research and BOOKS.CONDUCT tours and events centered on the built works of frank lloyd…

$84Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFrank Lloyd Wright Building Conservancy
EINHdr · item D36-3703598
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jwww.savewright.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A800)
Ruling yearIRS BMFAug 1990

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a25
Independent voting membersPt VI · Ln 1b25
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$83,506Pt VII · Sec A
First Vice President
$0Pt VII · Sec A
Second Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Barbara Gordon’s $112K as Executive Director is at the 42nd percentile of top reported officer pay among 3916 $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
Barbara Gordon$111,770$100,947$89,849$84,177$83,506

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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Statement of Revenue

Part VIII
Contributions & grants$634K · 89%
Program service revenue$44K · 6%
Other revenue$32K · 5%
Contributions & grants89%$634K
Program service revenue6%$44K
Other revenue5%$32K
Total revenueLn 12$709K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.12 Fundraising $0.16
Program services72%$370K
Management & general12%$61K
Fundraising16%$81K
Total functional expensesLn 25$512K

Balance Sheet

Part X · end of year
CashLn 1$336K
Total assetsLn 16$3.7M
Total liabilitiesLn 26$52K
Total net assetsLn 32$3.6M
Months of cash on handcomputed7.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.7M · Operating expenses (Pt IX) $512K · Less non-cash grants $26K · Cash operating expenses/yr $485K
90.3 months
Where the money goes
Program services
Program services $370K · Total expenses $512K
72%
Management & General
Management & general $61K · Total expenses $512K
12%
Fundraising
Fundraising $81K · Total expenses $512K
16%
Cost to raise $1
Fundraising expense $81K · Solicited contributions $634K
$0.13 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $634K · Total revenue $709K
89%
Government reliance
Government grants — · Total revenue $709K
Earned-income share
Program service revenue $44K · Total revenue $709K
6%
Investment reliance
Investment income $-32K · Total revenue $709K
-5%
Program self-sufficiency
Program service revenue $44K · Total expenses $512K
9%
Growth & trend
Revenue growth (YoY)
This year $709K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $3.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $709K · Expenses $512K
+28%
Liabilities-to-Assets
Total liabilities — · Total assets $3.7M
Net-asset ratio
Net assets $3.6M · Total assets $3.7M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.1M · Other securities (Pt X, ln 12) $182K · Total assets (Pt X, ln 16) $3.7M
91%
People & payroll
Highest Reported Total Compensation
Individual Barbara Gordon · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $84K · Total expenses $512K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $303K · Total expenses $512K
59%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 12%
Fundraising cost ratio 13%

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
See all 7 funders →

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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
FY2024 (Latest)$1.0M revenue · ⤓ 990 PDF
FY2023$910K revenue · ⤓ 990 PDF
FY2022$1.9M revenue · ⤓ 990 PDF
FY2021$819K revenue · ⤓ 990 PDF
FY2020$709K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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