2023-11-15T16:34:33-06:00 2022-12-31 362938874 OSTROW REISIN BERK & ABRAMS LTD 455 N CITYFRONT PLAZA DR SUITE 1600 CHICAGO IL 60611 990 2022-01-01 473026162 THE REBUILD FOUNDATION NFP REBU 3128575561 6760 S STONY ISLAND AVE CHICAGO IL 60649 THEASTER GATES EXECUTIVE DIRECTOR 3128575561 2023-11-15 1 THEASTER GATES 999009999 0 JAMES G QUAID P00641738 3126707444 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THEASTER GATES 6760 S STONY ISLAND AVE CHICAGO IL 60649 4438594 0 X WWW.REBUILD-FOUNDATION.ORG X 2014 IL THE REBUILD FOUNDATION NFP IS AN ARTIST-LED, NEIGHBORHOOD-BASED PLATFORM FOR ART, CULTURAL DEVELOPMENT, AND NEIGHBORHOOD TRANSFORMATION. OUR MISSION IS TO DEMONSTRATE THE IMPACT OF INNOVATIVE, AMBITIOUS AND ENTREPRENEURIAL ARTS AND CULTURAL INITIATIVES AND IS INFORMED BY THREE CORE VALUES: BLACK PEOPLE MATTER, BLACK SPACES MATTER, AND BLACK OBJECTS MATTER. 6 6 19 10 0 0 7025552 4326863 3155 85168 0 -52720 8869 26563 7037576 4385874 12100 386128 0 0 129000 584603 0 0 58393 1217996 1694325 1359096 2665056 5678480 1720818 11482913 13985700 168743 950712 11314170 13034988 TO REBUILD CULTURAL FOUNDATIONS OF UNDERINVESTED NEIGHBORHOODS AND INCITE COMMUNITY REVITALIZATION THROUGH THE ARTS. 0 0 2138296 386128 98140 PROVIDED COMMUNITY PROGRAM INITIATIVES INCLUDING PROGRAMS IN MUSIC, GARDENING, VISUAL AND CREATIVE ARTS, FILMS AND WRITING. 2138296 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 81 0 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X THEASTER GATES 3128575561 6760 S STONY ISLAND AVE CHICAGO IL 60649 X THEASTER GATES EXECUTIVE DIRECTOR & BOARD CHAIR 15.00 X X 0 0 0 NANA ADAE TREASURER 0.50 X X 0 0 0 JOHN CAMPBELL SECRETARY 0.50 X X 0 0 0 REUBEN CHARLES DIRECTOR 0.50 X 0 0 0 RICHARD SCIORTINO DIRECTOR 0.50 X 0 0 0 ACASIA WILSON FEINBERG DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 1100000 3226863 4326863 COOKING & HOSPITALITY 722514 85168 85168 85168 12960 0 12960 12960 12960 52720 -52720 -52720 -52720 12 0 12 12 MISCELLANEOUS REVENUE 900099 13591 13591 13591 4385874 98140 0 -39129 151128 151128 110000 110000 125000 125000 508822 359997 115908 32917 29341 24450 3740 1151 46440 36686 7729 2025 33140 33140 91755 91755 258309 217475 39311 1523 122151 122151 53840 17013 35165 1662 594057 465086 109892 19079 105938 99852 6086 1906 550 1356 214956 211884 3072 17676 638 17038 RECEPTION & HOSPITALITY 129107 129107 PROGRAM SUPPLIES 61195 61159 36 LICENSES AND FEES 10295 6120 4175 2665056 2138296 468367 58393 5626506 471329 67512 4589194 2443333 2200000 2704 3692 14554 19916 7467352 938982 3311633 6528370 16671 173199 11482913 13985700 168743 732756 0 217956 168743 950712 X 4416098 5402852 6898072 7632136 11314170 13034988 11482913 13985700 1720818 0 X 0 1 X 1 0 X 32125 3685875 1409018 7025552 4326863 16479433 32125 3685875 1409018 7025552 4326863 16479433 6840980 9638453 13591 13591 16493024 203886 0.58440 0.46370 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2022 AMOUNT: $ 13,591. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 572867 572867 4115899 4115899 2446418 633537 1812881 27289 21522 5767 304879 283923 20956 6528370 OPERATING LEASE LIABILITY 134141 EXCESS PAYROLL TAX LIABILITY 83815 217956 X 4407474 21600 21600 4385874 0 4385874 2686656 21600 21600 2665056 0 2665056 PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE). IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ORGANIZATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 125000 0 0 0 0 0 0 125000 0 125000 EUROPE (INCLUDING ICELAND & GREENLAND) SUPPORT THE CREATION OF NEW RESEARCH, SCHOLARSHIP, AND ARTISTIC PRODUCTION THROUGH ENGAGEMENT WITH THE ARCHIVAL COLLECTIONS HELD AT THE STONY ISLAND ARTS BANK 25000 WIRE TRANSFER 0 1 SUPPORT THE CREATION OF NEW RESEARCH, SCHOLARSHIP, AND ARTISTIC PRODUCTION THROUGH ENGAGEMENT WITH THE ARCHIVAL COLLECTIONS HELD AT THE STONY ISLAND ARTS BANK EUROPE (INCLUDING ICELAND & GREENLAND) 1 100000 WIRE TRANSFER 0 0 0 0 0 0 PART I, LINE 2: FOR THE ENVIRONMENTAL DESIGN LAB GRANT AWARDEES, THE ORGANIZATION SOUGHT OUT NOMINATIONS FROM A PANEL OF EXPERTS IN THE FIELDS OF ART, ARCHITECTURE, DESIGN AND FILM-MAKING, AND EACH PANELIST RECOMMENDED 4-5 NOMINEES. ALL OF THE NOMINEES WERE INVITED TO APPLY, AND A DIFFERENT PANEL OF EXPERTS WERE THEN GATHERED TO MAKE THE SELECTIONS. THE MELLON FELLOWSHIP AWARDEE WAS CHOSEN THROUGH A CURATORIAL SELECTION BY ANDREW W. MELLON FOUNDATION LEADERSHIP. THE ORGANIZATION HAS SIGNED AGREEMENTS WITH RECIPIENTS THAT SET EXPECTATIONS FOR USE OF THE FUNDS. ALSO, THE ORGANIZATION MONITORS AND SUPPORTS THE WORK OF THE AWARDEES, AS WELL AS SUPPORTS THEM IN PUBLICIZING THEIR ACCOMPLISHMENTS, BUT DOES NOT REQUIRE REPORTING ON SPECIFIC USES OF THE AWARD FUNDS PAID TO THEM. PART III ACCOUNTING METHOD: 1 ABRAHAM IN MOTION INC 219 W 19TH ST NEW YORK NY 10011 824790161 501(C)(3) 25000 0 SUPPORT DESIGNERS OF COLOR IN THE AREAS OF FASHION, FURNITURE, INDUSTRIAL, GRAPHIC DESIGN AND THE ARTS. ALMASIKA LLC 33 E WACKER DR CHICAGO IL 60614 822599924 10000 0 SUPPORT DESIGNERS OF COLOR IN THE AREAS OF FASHION, FURNITURE, INDUSTRIAL, GRAPHIC DESIGN AND THE ARTS. GRACEFUL GRAYS LLC 5137 W CONCORD PL CHICAGO IL 60639 874636771 25000 0 SUPPORT DESIGNERS OF COLOR IN THE AREAS OF FASHION, FURNITURE, INDUSTRIAL, GRAPHIC DESIGN AND THE ARTS. MASOMI DESIGN LLC 111 E 30TH ST NEW YORK NY 10016 845193012 25000 0 SUPPORT DESIGNERS OF COLOR IN THE AREAS OF FASHION, FURNITURE, INDUSTRIAL, GRAPHIC DESIGN AND THE ARTS. OKO URBAN FARMS INC 104 MOORE ST BROOKLYN NY 11206 831456025 501(C)(3) 10000 0 SUPPORT DESIGNERS OF COLOR IN THE AREAS OF FASHION, FURNITURE, INDUSTRIAL, GRAPHIC DESIGN AND THE ARTS. WINGS GREENS & THINGS 6767 S CHICAGO AVE CHICAGO IL 60637 851920852 10000 0 SUPPORT DESIGNERS OF COLOR IN THE AREAS OF FASHION, FURNITURE, INDUSTRIAL, GRAPHIC DESIGN AND THE ARTS. CTRL Z COFFEE 2340 S RIVER RD DES PLANES IL 60018 874198145 26605 0 CULINARY BUSINESS-IN-RESIDENCE AWARD DOZZY'S LLC 3473 S KING DR CHICAGO IL 60616 832150768 14523 0 CULINARY BUSINESS-IN-RESIDENCE AWARD 2 6 ARTIST SUPPORT 8 110000 PART I, LINE 2: FOR THE ENVIRONMENTAL DESIGN LAB AWARDEES, THE ORGANIZATION SOUGHT OUT NOMINATIONS FROM A PANEL OF EXPERTS IN THE FIELDS OF ART, ARCHITECTURE, DESIGN AND FILM-MAKING, AND EACH PANELIST RECOMMENDED 4-5 NOMINEES. ALL OF THE NOMINEES WERE INVITED TO APPLY, AND A DIFFERENT PANEL OF EXPERTS WERE THEN GATHERED TO MAKE THE SELECTIONS. FOR THE CULINARY RESIDENCY AWARDS, THE AWARD AMOUNTS WERE SUBSTANTIATED BY EACH AWARDEES ESTIMATED COSTS TO RUN THEIR BUSINESS FOR A SPECIFIED INTERVAL OF TIME, AND THE AWARDEES, WHO WERE SELECTED FROM AN OPEN CALL, MUST HAVE HAD AN EMERGING CULINARY BUSINESS. THE ORGANIZATION HAS SIGNED AGREEMENTS WITH RECIPIENTS THAT SET EXPECTATIONS FOR USE OF THE FUNDS. ALSO, THE ORGANIZATION MONITORS AND SUPPORTS THE WORK OF THE AWARDEES, AS WELL AS SUPPORTS THEM IN PUBLICIZING THEIR ACCOMPLISHMENTS, BUT DOES NOT REQUIRE REPORTING ON SPECIFIC USES OF THE AWARD FUNDS PAID TO THEM. THE STONY GROUP LLC ENTITY MORE THAN 35% OWNED BY THEASTER GATES, EXECUTIVE DIRECTOR 180000 RENTAL OF PROPERTY 0 GRAND CROSSING MANAGEMENT LLC ENTITY MORE THAN 35% OWNED BY THEASTER GATES, EXECUTIVE DIRECTOR 120000 RENTAL OF PROPERTY 0 FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC DRAFT FORM 990 IS PROVIDED TO EACH BOARD MEMBER FOR REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND BOARD MEMBERS ARE REQUIRED ANNUALLY TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. ANY CONFLICTS OF INTEREST ARE DISCUSSED AT BOARD MEETINGS AND HANDLED ON A CASE BY CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S EXECUTIVE DIRECTOR DOES NOT RECEIVE COMPENSATION FROM THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. REBUILD ARTIST HOUSING LLC 6918 S DORCHESTER AVENUE CHICAGO IL 60637 474852963 REAL ESTATE IL 0 0 THE REBUILD FOUNDATION NFP