MARWEN FOUNDATION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- MARWEN FOUNDATION (EIN 36-3523622)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-06-23
- IRS object ID
- 201711749349301056
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-06-23T18:04:58-07:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BENFORD BROWN & ASSOCIATES | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8334 S STONY ISLAND | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60617 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363523622 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Marwen Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARW | BusinessNameControlTxt |
| Phone | 3129442418 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 833 North Orleans Street | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60610 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WES MORAN | PersonNm |
| Person Title | DIRECTOR OF FINANCE | PersonTitleTxt |
| Phone | 3129442418 | PhoneNum |
| Signature | 2017-05-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TIMOTHY S WATSON | PreparerPersonNm |
| Phone | 7737311300 | PhoneNum |
| Preparation | 2017-06-23 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.193.119.17 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-06-23 | IPDt |
| IP Tm | 18:04:45 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 1B675D1048D34F4BE3A5EFB46409DC6160FFFA60 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 1B675D1048D34F4BE3A5EFB46409DC6160FFFA60 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ANTONIA CONTRO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 833 North Orleans Street | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60610 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,348,826 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.marwen.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1987 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | Each year Marwen provides visual art courses, college planning and career development programs free of charge to underserved 6th-12th graders from across Chicago. Marwen educates and inspires under-served young people through rigorous, high-quality visual arts programs. Marwen helps students find new ways to view themselves, their futures, and the world around them through exposure to and practice of the visual arts. | ActivityOrMissionDesc |
| Voting Members Governing Body | 32 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 64 | TotalEmployeeCnt |
| Total Volunteers | 85 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $3,703,183 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,128,277 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $27,269 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $37,009 | CYProgramServiceRevenueAmt |
| PY Investment Income | $144,930 | PYInvestmentIncomeAmt |
| CY Investment Income | $215,982 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$171,300 | PYOtherRevenueAmt |
| CY Other Revenue | -$99,764 | CYOtherRevenueAmt |
| PY Total Revenue | $3,704,082 | PYTotalRevenueAmt |
| CY Total Revenue | $2,281,504 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,589,432 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,629,431 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $487,319 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,084,461 | PYOtherExpensesAmt |
| CY Other Expenses | $1,162,419 | CYOtherExpensesAmt |
| PY Total Expenses | $2,673,893 | PYTotalExpensesAmt |
| CY Total Expenses | $2,791,850 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,030,189 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$510,346 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $20,439,424 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,279,621 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,004,867 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,021,954 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $15,434,557 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $15,257,667 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Each year Marwen provides visual art courses, college planning and career development programs | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,439,437 | ExpenseAmt |
| Desc | ART STUDIO PROGRAMS- FREE STUDIO ART COURSES FOR 6TH THROUGH 12TH GRADERS ARE AT THE HEART OF MARWEN'S MISSION. MARWEN HAS MORE THAN 2,700 ANNUAL STUDENT ENROLLMENTS ACROSS 100+ STUDIO COURSES IN A WIDE RANGE OF MEDIA, SUCH AS PAINTING, DRAWING, PHOTOGRAPHY, FASHION, AND MORE. THESE RIGOROUS AFTER-SCHOOL OR WEEKEND COURSES ARE TAUGHT BY PROFESSIONAL WORKING ARTISTS IN MARWEN'S SIX STATE-OF-THE-ART STUDIOS AND INCLUDE ALL MATERIALS AT NO COST TO THE STUDENT. MARWEN DOES NOT REQUIRE STUDENTS TO HAVE PREVIOUS ART-MAKING EXPERIENCE, AND AT THE END OF EACH TERM, STUDENTS' WORK IS EXHIBITED IN MARWEN'S GALLERY SPACES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $459,725 | ExpenseAmt |
| Revenue | $37,009 | RevenueAmt |
| Desc | COLLEGE, CAREER, AND ALUMNI SERVICES-MARWEN STUDENTS AND THEIR FAMILIES OFTEN HAVE LIMITED ACCESS TO INFORMATION AND SUPPORT SURROUNDING THE COLLEGE APPLICATION PROCESS. MARWEN'S COLLEGE PLANNING OFFERS STUDENTS AND FAMILIES GUIDANCE AND RESOURCES THROUGH WORKSHOPS, FIELD TRIPS, EVENTS, AND COUNSELING. COLLEGE PROGRAMS HELP STUDENTS PREPARE APPLICATIONS, APPLY FOR FINANCIAL AID , PURSUE SCHOLARSHIP OPPORTUNITIES, AND PREPARE FOR ACT/SAT TESTING. ADDITIONALLY, MARWEN HOSTS AN ANNUAL COLLEGE FAIR | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $211,995 | ExpenseAmt |
| Desc | EVALUATION AND DEVELOPMENT("MARWEN INSTITUTE")- THE MARWEN INSTITUTE MAXIMIZES STUDENT LEARNING SKILLS AND PROVIDE ON THE JOB PROFESSIONAL TRAINING, MARWEN'S CAREER PROGRAMS ALLOW STUDENTS TO EXPLORE CAREER OPTIONS IN THE ARTS AND DEVELOP ESSENTIAL PRACTICES THROUGH ORIENTATIONS, WORKSHOPS, PRE- AND POST-TERM MEETINGS, THE PEER-TO-PEER EXCHANGE PROGRAM, THE ANNUAL RETREAT, AND THE ONGOING TEACHING ARTISTS FELLOWS PROGRAM. PROGRAM EVALUATION AND ASSESSMENT GENERATES ENHANCED UNDERSTANDING OF STUD | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | These portfolios are reviewed by Marwen staff and counselors, art professionals, and admissions representatives at our annual Portfolio Day. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $2,111,157 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 127 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 64 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 32 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANTONIA CONTRO | PersonNm |
| Phone | 3129442418 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 833 North Orleans | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60610 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| JENNIFER A AUBREY | ||||||
| Board Member | 0.50 | Yes (X) | $0 | $0 | $0 | |
| STEVEN P BERKOWITZ | ||||||
| Board Member | 0.50 | Yes (X) | $0 | $0 | $0 | |
| AMY G BLUHM | ||||||
| Board Member | 0.50 | Yes (X) | $0 | $0 | $0 | |
| ROBERT BUCHSBAUM | ||||||
| Board Treasurer | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ROBERT BUONO | ||||||
| Board Member | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MARCY CARLIN | ||||||
| Board Vice-Chair | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ANNE COX | ||||||
| Board Member | 0.50 | Yes (X) | $0 | $0 | $0 | |
| ANDREW DEMBITZ | ||||||
| Board Member | 0.50 | Yes (X) | $0 | $0 | $0 | |
| CARYN ENGLANDER | ||||||
| Board Member | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL FASSNACHT | ||||||
| Board Member | 0.50 | Yes (X) | $0 | $0 | $0 | |
| BOB GALLO | ||||||
| Board Member | 0.50 | Yes (X) | $0 | $0 | $0 | |
| DOUGLAS S GOURLEY | ||||||
| Board Member | 0.50 | Yes (X) | $0 | $0 | $0 | |
| AKILAH HALLEY | ||||||
| Board Member | 0.50 | Yes (X) | $0 | $0 | $0 | |
| STEVE HEARN | ||||||
| Board Member | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JAMES HILL III | ||||||
| Board Chair | 1 | Yes (X) | Yes (X) | |||
| ANDREW S JACOBS | ||||||
| Board Member | 1 | Yes (X) | ||||
| NILA LEISEROWITZ | ||||||
| Board Member | 1 | Yes (X) | ||||
| MOLLY M LIMMER | ||||||
| Board Member | 1 | Yes (X) | ||||
| GAIL F MARKS | ||||||
| Board Member | 1 | Yes (X) | ||||
| KENNY MITCHELL | ||||||
| Board Member | 1 | Yes (X) | ||||
| JAMES E PASS | ||||||
| Board Member | 1 | Yes (X) | ||||
| ISA I PRESSMAN | ||||||
| Board Secretary | 1 | Yes (X) | Yes (X) | |||
| DEBORAH QUAZZO | ||||||
| Board Member | 1 | Yes (X) | ||||
| SUELLEN RAVANAS | ||||||
| Board Member | 1 | Yes (X) | ||||
| ELLIOT RAWLS | ||||||
| Board Member | 1 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $378,890 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $13,285 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $592,640 | FundraisingAmt |
| Government Grants | $60,565 | GovernmentGrantsAmt |
| All Other Contributions | $1,475,072 | AllOtherContributionsAmt |
| Noncash Contributions | $320,365 | NoncashContributionsAmt |
| Total Contributions | $2,128,277 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Career Program:Design | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $37,009 | TotalRevenueColumnAmt |
| Exclusion | $37,009 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $37,009 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $157,345 | TotalRevenueColumnAmt |
| Exclusion | $157,345 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $896,371 | SecuritiesAmt |
| Other | $6,108 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $831,419 | SecuritiesAmt |
| Other | $12,423 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $64,952 | SecuritiesAmt |
| Other | -$6,315 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $58,637 | TotalRevenueColumnAmt |
| Exclusion | $58,637 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $111,747 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $592,640 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $223,480 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$111,733 | TotalRevenueColumnAmt |
| Exclusion | -$111,733 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | All other revenue | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $11,969 | TotalRevenueColumnAmt |
| Exclusion | $11,969 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $11,969 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,281,504 | TotalRevenueColumnAmt |
| Exclusion | $153,227 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $279,804 | TotalAmt |
| Program Services | $131,430 | ProgramServicesAmt |
| Management And General | $72,716 | ManagementAndGeneralAmt |
| Fundraising | $75,658 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,128,239 | TotalAmt |
| Program Services | $790,348 | ProgramServicesAmt |
| Management And General | $52,450 | ManagementAndGeneralAmt |
| Fundraising | $285,441 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,009 | TotalAmt |
| Program Services | $79,583 | ProgramServicesAmt |
| Management And General | $9,135 | ManagementAndGeneralAmt |
| Fundraising | $30,291 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,379 | TotalAmt |
| Program Services | $67,187 | ProgramServicesAmt |
| Management And General | $9,010 | ManagementAndGeneralAmt |
| Fundraising | $26,182 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,963 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $3,963 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $12,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $340,320 | TotalAmt |
| Program Services | $323,499 | ProgramServicesAmt |
| Management And General | $4,496 | ManagementAndGeneralAmt |
| Fundraising | $12,325 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,636 | TotalAmt |
| Program Services | $20,892 | ProgramServicesAmt |
| Management And General | $1,729 | ManagementAndGeneralAmt |
| Fundraising | $9,015 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,754 | TotalAmt |
| Program Services | $32,350 | ProgramServicesAmt |
| Management And General | $1,352 | ManagementAndGeneralAmt |
| Fundraising | $5,052 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,429 | TotalAmt |
| Program Services | $79,335 | ProgramServicesAmt |
| Management And General | $2,047 | ManagementAndGeneralAmt |
| Fundraising | $2,047 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,574 | TotalAmt |
| Program Services | $14,698 | ProgramServicesAmt |
| Management And General | $683 | ManagementAndGeneralAmt |
| Fundraising | $3,193 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,858 | TotalAmt |
| Program Services | $3,884 | ProgramServicesAmt |
| Management And General | $1,754 | ManagementAndGeneralAmt |
| Fundraising | $220 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,733 | TotalAmt |
| Program Services | $77,647 | ProgramServicesAmt |
| Management And General | $2,043 | ManagementAndGeneralAmt |
| Fundraising | $2,043 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $377,905 | TotalAmt |
| Program Services | $359,009 | ProgramServicesAmt |
| Management And General | $9,448 | ManagementAndGeneralAmt |
| Fundraising | $9,448 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,703 | TotalAmt |
| Program Services | $29,165 | ProgramServicesAmt |
| Management And General | $3,771 | ManagementAndGeneralAmt |
| Fundraising | $767 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Publications and printing | $45,589 | $29,495 | $0 | $16,094 |
| Supplies and subscriptions | $51,440 | $42,391 | $410 | $8,639 |
| All other expenses | $37,515 | $30,244 | $6,367 | $904 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,791,850 | TotalAmt |
| Program Services | $2,111,157 | ProgramServicesAmt |
| Management And General | $193,374 | ManagementAndGeneralAmt |
| Fundraising | $487,319 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $925,060 | BOYAmt |
| EOY | $1,380,343 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,912,125 | BOYAmt |
| EOY | $1,507,507 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,150 | BOYAmt |
| EOY | $50,202 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,513 | BOYAmt |
| EOY | $40,997 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,995,207 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,781,438 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,297,457 | BOYAmt |
| EOY | $9,213,769 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,257,119 | BOYAmt |
| EOY | $8,086,803 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,439,424 | BOYAmt |
| EOY | $20,279,621 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,646 | BOYAmt |
| EOY | $97,232 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,879,221 | BOYAmt |
| EOY | $4,924,722 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,004,867 | BOYAmt |
| EOY | $5,021,954 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,854,711 | BOYAmt |
| EOY | $12,410,464 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,579,846 | BOYAmt |
| EOY | $2,847,203 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,434,557 | BOYAmt |
| EOY | $15,257,667 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,439,424 | BOYAmt |
| EOY | $20,279,621 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$510,346 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $333,456 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,817,327 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,014,943 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,805,608 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,703,183 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,128,277 | CurrentTaxYearAmt |
| Total | $18,469,338 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,817,327 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,014,943 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,805,608 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,703,183 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,128,277 | CurrentTaxYearAmt |
| Total | $18,469,338 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,113,820 | SubstantialContributorsTotAmt |
| Public Support Total170 | $14,355,518 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $127,935 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $128,062 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $152,727 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $145,903 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $157,345 | CurrentTaxYearAmt |
| Total | $711,972 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $19,181,310 | TotalSupportAmt |
| Public Support CY170 | 0.74840 | PublicSupportCY170Pct |
| Public Support PY170 | 0.72970 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
| Public Support Total509 | $0 | PublicSupportTotal509Amt |
| Public Support CY509 | 0 | PublicSupportCY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,335,613 | OtherCostOrOtherBasisAmt |
| Book Value | $1,335,613 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,882,949 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,462,699 | DepreciationAmt |
| Book Value | $7,420,250 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $776,645 | OtherCostOrOtherBasisAmt |
| Depreciation | $318,739 | DepreciationAmt |
| Book Value | $457,906 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,213,769 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,799,403 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $333,456 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $229,795 | OtherRevenueAmt |
| Revenue Not Reported | $563,251 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,236,152 | RevenueSubtotalAmt |
| Other Revenues Not Included | $45,352 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $45,352 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,281,504 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,976,293 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $229,795 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $229,795 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,746,498 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $45,352 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $45,352 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,791,850 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt X, Line 2 | Marwen, adheres to ASC 740, Income Taxes, which prescribes a comprehensive model for how an organization should recognize, measure, present, and disclose in its financial statements uncertain tax positions that the organization has taken or expects to take on a tax return. For federal purposes, Marwen has reported federal net operating losses ("NOLs")totaling $75,872 arising from previous years rental activities. These NOLs will expire, if not utilized, between the years 2021 and 2022. Marwen has not recorded a tax benefit for these NOLs for the years ended December 31, 2016 and 2015, because it is unlikely that Marwen will be able to realize the benefit. |
| Pt XI, Line 2d | Loss on Sale of Equipment - $6,315. Direct expenses from special events - $223,480. |
| Pt XI, Line 4b | Auction item sales are netted against the cost of the items in the financial statements - $45,352. |
| Pt XII, Line 2d | Loss on Sale of Equipment - $6,315. Direct expenses from special events - $223,480. |
| Pt XII, Line 4b | Costs of auction items netted against sales in the financial statements - $44,152. Cost of auction item recategorized as key employee compensation - $.1,200 |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Dinner/Auction | Event1Nm |
| Gross Receipts Event1 | $637,590 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $543,180 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $94,410 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $35,610 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $19,015 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $65,088 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $79,912 | OtherDirectExpensesEvent1Amt |
| Event2 | Art Fair | Event2Nm |
| Gross Receipts Event2 | $66,797 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $49,460 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $17,337 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $8,542 | NonCashPrizesEvent2Amt |
| Food And Beverage Event2 | $10,573 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $4,740 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $704,387 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $592,640 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $111,747 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $44,152 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $19,015 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $75,661 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $84,652 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $223,480 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$111,733 | NetIncomeSummaryAmt |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 833 N Orleans | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60610 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Manager Services Prov | Manager of Special Events | GamingManagerServicesProvTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| DARLENE DIES | ||||
| $106,083 | $907 | $2,652 | $2,729 | $112,371 |
| ANTONIA CONTRO | ||||
| $185,000 | $3,200 | $4,625 | $192,825 | |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Illinois Finance Authority | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 861091967 | BondIssuerEIN |
| CUSIP | 45200FMN6 | CUSIPNum |
| Bond Issued | 2008-08-01 | BondIssuedDt |
| Issue Price | $5,080,000 | IssuePriceAmt |
| Purpose | See Schedule K, Part VI | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $5,081,296 | TotalProceedsAmt |
| Capitalized Interest | $27,402 | CapitalizedInterestAmt |
| Refunding Escrow | $2,228,852 | RefundingEscrowAmt |
| Credit Enhancement | $33,000 | CreditEnhancementAmt |
| Capital Expenditures | $2,790,746 | CapitalExpendituresAmt |
| Substantial Completion | 2008 | SubstantialCompletionYr |
| Current Refunding | Yes (true) | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| Final Allocation Made | false | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | Yes (true) | NoRebateDueInd |
| Variable Rate Issue | Yes (true) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt IV ln 2c A | FormAndLineReferenceDesc |
| Explanation | Issuer Name: Illinois Finance Authority, Date the Rebate Computation was Performed: 10/02/2013 | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 7 | ContributionCnt |
| Noncash Contributions Rpt F990 | $161,722 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Financial publications | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Auction Items | 257 | $45,352 | FMV |
| Yes (X) | Furniture and Fixtures | 3 | $97,500 | FMV |
| Yes (X) | Materials and supplies | 2 | $15,791 | List price |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt I col(b) | FormAndLineReferenceDesc |
| Explanation | Schedule M, Part I, Column (b): is the number of contributions. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 11b | The Board of Trustees has delegated the authority to review and approve Marwen's Form 990 to the Finance Committee. All Trustees are provided a complete copy after approval for a final review prior to filing the form. |
| Pt VI, Line 12c | Officers and Trustees are required to complete a Conflict of Interest Statement each year identifying any interest that could give rise to conflicts. These forms are reviewed and lists of potential conflicts are prepared and used to monitor the Officers and Trustees involvement with decisions throughout the year. If a matter is brought before the board regarding a company where an Officer or Trustee has a conflict, the Officer or Trustee would be asked to recuse him/herself. |
| Pt VI, Line 15a | Periodically, a salary survey is conducted to include compensation of the top management officials at similarly sized non-profit organizations in the same georgraphic locale. This survey is provided to the executive leadership of the Executive Committee of the Board of Trustees. In addition, independent non-profit salary surveys are reviewed by Board leadership. This includes the Board Chairman and Vice Chairman. These individuals review the performance of the President and CEO over the past year considering progress toward accomplishment of individual and organizational goals, the financial strength of the organization and the salary survey provided. These considerations result in new goals for the upcoming year and decision on compensation which is then communicated to the Director of Finance for implementation. The process was documented. |
| Pt VI, Line 15b | Periodically, a salary survey is conducted to include compensation of the top management officials Director of Development, Director of Education and Director of Finance and Administration at similarly sized non-profit organizations in the same georgraphic locale. The performance of these individuals over the past year is reviewed in connection with progress towards accomplishment of individual and organizationas goals, financial strength of the organization and the salary survey provided. These considerations result in new goals for the upcoming year and decision on compensation which is then communicated to the Director of Finance for implementation. The process was documented. |
| Pt VI, Line 19 | Copies of the organization's audited financial statements are made available on Marwen's website. Copies of the organization's governing documents are available to the public upon request at the organization's office for the same period of disclosure as set forth in IRC section 6104 (d). |
| Other | Contracted teaching and course facilitator services - $323,499. Contracted management and general services - $4,496. Contracted development services - $12,325. |
| Form 990, Part III, Line 4d | THESE PORTFOLIOS ARE REVIEWED BY MARWEN STAFF AND COUNSELORS, ART PROFESSIONALS, AND ADMISSIONS 0. 0 |
Comments