Freeport Arts Center

Tax-deductible

Freeport, IL501(c)(3)Arts & CultureEIN 51-0189249Revenue $1.1M in FY2025

On file with the IRSfreeportartmuseum.com121 N Harlem Ave, 61032-3845 · Freeport, ILTax-exempt since Jun 1976Publicly supported charity — 170(b)(1)(A)(vi)

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To enhance and promote the historical and cultural education of the community

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
$75K 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

FY2025 · 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
5 of 6
filings with a surplus
Average surplus $245K a year · 39% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 21% of spending
Top officer’s pay lower than 86% of similar orgs
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
Cash reserves
41 mo
of spending, in cash
Looks good: 40.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $141K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% 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
$1.1M
-2% vs prior year
Spent
$361K
To programs
67%
Net assets
$4.1M
By yearFY2020–FY2025
Revenue
$1.1M
FY2025▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$281K
FY2021$343K
FY2022$374K
FY2023$619K
FY2024$1.1M
FY2025$1.1M
Expenses
$361K
FY2025▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$638K
FY2021$220K
FY2022$360K
FY2023$366K
FY2024$353K
FY2025$361K
Net assets
$4.1M
FY2025▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$1.7M
FY2022$2.2M
FY2023$2.5M
FY2024$3.3M
FY2025$4.1M

From the FY2025 Form 990 (year ending August 2025) · figures checked against the IRS filing · see the original

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Is it real?

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

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

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $240K Management & general 24% · $88K Fundraising 9% · $32K

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; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Di
$75,000Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A

Jessica Modica’s $75K as Executive Di is at the 14th 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jessica Modica$75,000$78,000$75,000$55,673$55,673$26,885
Jason Judd—————$47,634

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 Freeport Arts Center 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

Promote community historical and cultural education.

Questions for Freeport Arts Center

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Provided by the organization

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1 program · $240K · in their own filed words · FY2024
01

Art Museum

Visitors to exhibits and collections including off-site activities. Museum also provides classes for adults and children in the visual and performing arts.

$240Kprogram 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
Total grants receivedfrom 3 funders$141K
See all 3 funders →
Grants paid · 1 grant · $7K · 2021–2021
City of FreeportFY2021$6,738

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$938K
Investment incomeLn 3$67K
Other incomeLn 4–11$41K
Money outPt IX
$361K
Ln 25
Programscol B$240K
Managementcol C$88K
Fundraisingcol D$32K
Owns and owesPt X
$4.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$4.1M
LiabilitiesLn 26$0
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$938K
Government grantsLn 1e$280K
Fees for servicesLn 2g$21K
Investment incomeLn 3$67K
Other incomeLn 4–11$41K
Gains on assetsLn 7$38K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$186K
SavingsLn 2$1.0M
Cash and savings togetherLn 1–2$1.2M
Land, buildings, equipmentLn 10c$2.8M
Total assetsLn 16$4.1M
LiabilitiesLn 26$0
Net assetsLn 32$4.1M
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.7M$1.2M
Land, buildings, equipmentLn 10c$1.6M$2.8M
Total assetsLn 16$3.3M$4.1M
LiabilitiesLn 26$0$0
Net assetsLn 32$3.3M$4.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$75K$26K$30K$19K
Other salaries and wagesLn 7$99K$80K$11K$7K
Other employee benefitsLn 9$6K$4K$2K$750
Payroll taxesLn 10$13K$8K$3K$2K
Accounting feesLn 11c$11K$1K$10K$308
Investment management feesLn 11f$8K$8K
Advertising and promotionLn 12$2K$901$1K
Office expensesLn 13$7K$3K$2K$1K
OccupancyLn 16$26K$22K$2K$1K
Depreciation, depletion and amortizationLn 22$33K$32K$1K
InsuranceLn 23$13K$1K$11K
Other expenses (24a–d)Ln 24$67K$61K$7K
All other expensesLn 24e$338$338
Total functional expensesLn 25$361K$240K$88K$32K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.1M$361K$705K$4.1M 990 PDF
FY2024 $1.1M$353K$729K$3.3M 990 PDF
FY2023 $619K$366K$253K$2.5M 990 PDF
FY2022 $374K$360K$14K$2.2M 990 PDF
FY2021 $343K$220K$123K$1.7M 990 PDF
FY2020 $281K$638K−$357K$1.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $1,065,770 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $933,898$937,603
I-9 Program service revenuePrior year $77,581$20,672
I-10 Investment incomePrior year $47,757$66,804
I-11 Other revenuePrior year $23,136$40,691
I-12 Total revenuePrior year $1,082,372$1,065,770
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $211,888$193,473
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $141,428$167,434
I-18 Total expensesPrior year $353,316$360,907
I-19 Revenue less expensesPrior year $729,056$704,863
Part VI · Governance 11 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-12a Written conflict of interest policyNo
VI-2 Family or business relationship among officers or directorsNo
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 $1,065,770 across 10 lines filed
Lines not itemized here account for $1,133 of total revenue; see the IRS return.
VIII-1b Membership dues$33,879
VIII-1e Government grants$280,269
VIII-1f All other contributions, gifts and grants$623,455
VIII-1h Total contributions, gifts and grants$937,603
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $20,672$20,672
VIII-3 Investment incomeExcluded from tax $28,449$28,449
VIII-6 Net rental income or lossRelated to mission $4,300$4,300
VIII-7 Net gain or loss on sales of assetsRelated to mission $38,355$38,355
VIII-8 Net income from fundraising events$35,258
VIII-12 Total revenueRelated to mission $64,460 · Excluded from tax $28,449$1,065,770
Part IX · Statement of functional expenses $360,907 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $26,250 · Management $30,000 · Fundraising $18,750$75,000
IX-7 Other salaries and wagesPrograms $80,286 · Management $11,496 · Fundraising $6,898$98,680
IX-9 Other employee benefitsPrograms $3,900 · Management $1,750 · Fundraising $750$6,400
IX-10 Payroll taxesPrograms $8,215 · Management $3,200 · Fundraising $1,978$13,393
IX-11c Accounting feesPrograms $1,279 · Management $9,524 · Fundraising $308$11,111
IX-11f Investment management feesManagement $8,049$8,049
IX-12 Advertising and promotionPrograms $901 · Fundraising $1,034$1,935
IX-13 Office expensesPrograms $3,081 · Management $2,033 · Fundraising $1,443$6,557
IX-16 OccupancyPrograms $22,328 · Management $2,153 · Fundraising $1,331$25,812
IX-22 Depreciation, depletion and amortizationPrograms $32,253 · Management $1,144$33,397
IX-23 InsurancePrograms $1,375 · Management $11,380$12,755
IX-24 Other expenses (24a–d)Programs $60,630 · Management $6,850$67,480
IX-24e All other expensesManagement $338$338
IX-25 Total functional expensesPrograms $240,498 · Management $87,917 · Fundraising $32,492$360,907
Part X · Balance sheet $4,072,750 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $635,079$186,111
X-2 Savings and temporary cash investmentsStart of year $1,102,309$1,044,125
X-10c Land, buildings and equipment, netStart of year $1,571,867$2,842,514
X-16 Total assetsStart of year $3,309,255$4,072,750
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $2,371,574$3,437,000
X-28 Net assets with donor restrictionsStart of year $937,681$635,750
X-32 Total net assets or fund balancesStart of year $3,309,255$4,072,750
X-33 Total liabilities and net assetsStart of year $3,309,255$4,072,750
Part XI · Reconciliation of net assets $4,072,750 net assets at year end
XI-1 Total revenue$1,065,770
XI-2 Total expenses$360,907
XI-3 Revenue less expenses$704,863
XI-4 Net assets at start of year$3,309,255
XI-5 Net unrealized gains (losses) on investments$58,632
XI-10 Net assets at end of year$4,072,750

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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