2017-06-23T18:04:58-07:00 2016-12-31 BENFORD BROWN & ASSOCIATES 8334 S STONY ISLAND CHICAGO IL 60617 990 2016-01-01 363523622 Marwen Foundation Inc MARW 3129442418 833 North Orleans Street Chicago IL 60610 WES MORAN DIRECTOR OF FINANCE 3129442418 2017-05-01 true TIMOTHY S WATSON 7737311300 2017-06-23 50.193.119.17 2017-06-23 18:04:45 PD P 1B675D1048D34F4BE3A5EFB46409DC6160FFFA60 1B675D1048D34F4BE3A5EFB46409DC6160FFFA60 2016 2021-01-29 14:40:06Z ANTONIA CONTRO 833 North Orleans Street Chicago IL 60610 3348826 false X www.marwen.org X 1987 IL 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. 32 32 64 85 0 3703183 2128277 27269 37009 144930 215982 -171300 -99764 3704082 2281504 0 0 1589432 1629431 0 487319 1084461 1162419 2673893 2791850 1030189 -510346 20439424 20279621 5004867 5021954 15434557 15257667 Each year Marwen provides visual art courses, college planning and career development programs false false 1439437 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. 459725 37009 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 211995 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 These portfolios are reviewed by Marwen staff and counselors, art professionals, and admissions representatives at our annual Portfolio Day. 2111157 true true false false false false false false false false true false false false false true true false false false false false false false true false false false false true true false false false false false false false false false false true false false false false false false false false true 127 0 true 64 true false false false false false true true false false false false X 32 32 false false false false false false false true true false false true true true true true true true true false IL X X ANTONIA CONTRO 3129442418 833 North Orleans Chicago IL 60610 JENNIFER A AUBREY Board Member 0.50 X 0 0 0 STEVEN P BERKOWITZ Board Member 0.50 X 0 0 0 AMY G BLUHM Board Member 0.50 X 0 0 0 ROBERT BUCHSBAUM Board Treasurer 0.50 X X 0 0 0 ROBERT BUONO Board Member 0.50 X 0 0 0 MARCY CARLIN Board Vice-Chair 0.50 X X 0 0 0 ANNE COX Board Member 0.50 X 0 0 0 ANDREW DEMBITZ Board Member 0.50 X 0 0 0 CARYN ENGLANDER Board Member 0.50 X 0 0 0 MICHAEL FASSNACHT Board Member 0.50 X 0 0 0 BOB GALLO Board Member 0.50 X 0 0 0 DOUGLAS S GOURLEY Board Member 0.50 X 0 0 0 AKILAH HALLEY Board Member 0.50 X 0 0 0 STEVE HEARN Board Member 0.50 X 0 0 0 JAMES HILL III Board Chair 1 X X ANDREW S JACOBS Board Member 1 X NILA LEISEROWITZ Board Member 1 X MOLLY M LIMMER Board Member 1 X GAIL F MARKS Board Member 1 X KENNY MITCHELL Board Member 1 X JAMES E PASS Board Member 1 X ISA I PRESSMAN Board Secretary 1 X X DEBORAH QUAZZO Board Member 1 X SUELLEN RAVANAS Board Member 1 X ELLIOT RAWLS Board Member 1 X 378890 13285 2 true true false 0 592640 60565 1475072 320365 2128277 Career Program:Design 900099 37009 37009 37009 157345 157345 896371 6108 831419 12423 64952 -6315 58637 58637 111747 592640 223480 -111733 -111733 All other revenue 900099 11969 11969 11969 2281504 153227 X 279804 131430 72716 75658 1128239 790348 52450 285441 119009 79583 9135 30291 102379 67187 9010 26182 3963 0 3963 0 12000 0 12000 0 340320 323499 4496 12325 31636 20892 1729 9015 38754 32350 1352 5052 83429 79335 2047 2047 18574 14698 683 3193 5858 3884 1754 220 81733 77647 2043 2043 377905 359009 9448 9448 33703 29165 3771 767 Publications and printing 45589 29495 0 16094 Supplies and subscriptions 51440 42391 410 8639 All other expenses 37515 30244 6367 904 2791850 2111157 193374 487319 925060 1380343 2912125 1507507 20150 50202 27513 40997 10995207 1781438 9297457 9213769 7257119 8086803 20439424 20279621 125646 97232 4879221 4924722 5004867 5021954 X 11854711 12410464 3579846 2847203 15434557 15257667 20439424 20279621 -510346 333456 X false true X true false X 5817327 4014943 2805608 3703183 2128277 18469338 5817327 4014943 2805608 3703183 2128277 18469338 4113820 14355518 127935 128062 152727 145903 157345 711972 19181310 0.74840 0.72970 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1335613 1335613 8882949 1462699 7420250 776645 318739 457906 9213769 X 2799403 333456 229795 563251 2236152 45352 45352 2281504 2976293 229795 229795 2746498 45352 45352 2791850 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 Dinner/Auction 637590 543180 94410 35610 19015 65088 79912 Art Fair 66797 49460 17337 8542 10573 4740 704387 592640 111747 44152 19015 75661 84652 223480 -111733 833 N Orleans Chicago IL 60610 Manager of Special Events X X X false false false false false false false false false DARLENE DIES 106083 907 2652 2729 112371 ANTONIA CONTRO 185000 3200 4625 192825 A Illinois Finance Authority 861091967 45200FMN6 2008-08-01 5080000 See Schedule K, Part VI false false false A 5081296 27402 2228852 33000 2790746 2008 true false false true A false false false false false false true A false false false true true false false false true A true Pt IV ln 2c A Issuer Name: Illinois Finance Authority, Date the Rebate Computation was Performed: 10/02/2013 X 7 161722 Financial publications X Auction Items 257 45352 FMV X Furniture and Fixtures 3 97500 FMV X Materials and supplies 2 15791 List price false true false Pt I col(b) Schedule M, Part I, Column (b): is the number of contributions. 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