2015-09-24T15:41:55-05:00 2014-12-31 420714325 MCGLADREY LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2014-01-01 363523622 Marwen Foundation Inc MARW 3129442418 833 North Orleans Street No 1 Chicago IL 606103181 Antonia Contro Executive Director 3129442418 2015-09-24 1 Marek Rozowicz P01616027 3126343400 2014 2016-03-07 17:11:31Z Marwen Antonia Contro 833 North Orleans Street No 1 Chicago IL 606103181 3129926 0 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. 32 32 75 85 -21159 -21159 4014943 2805608 42825 28716 228872 150359 88264 -160735 4374904 2823948 0 0 0 0 1356094 1536289 0 0 649105 843339 1105476 2199433 2641765 2175471 182183 18765835 19376041 5235593 5229916 13530242 14146125 X 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. 0 0 839846 Studio Programs - Free studio art courses for 6th through 12th graders are at the heart of Marwen's mission. Marwen has more than 1,600 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. 247360 College Planning Programs 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 that connects students with college representatives from around the country, and more than 90% of Marwen's graduating class is accepted to college. 232126 Marwen Institute The Marwen Institute maximizes student learning through programs for teaching artists and assistants to teach and learn in the arts. Professional Development programs explore best teaching 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 student learning at Marwen through individual student assessment, the collection of quantitative student data, and the Teaching Artist and Teaching Assistant Reflection Surveys. The results of this data analysis are shared with the teaching artists and assistants immediately following the term to inform teaching and course development. 391020 28716 Career Development Programs - Designed to teach students essential job skills and provide on-the-job professional training, Marwen's Career Programs allow students to explore career options in the arts and develop essential professional skills such as resume development, interviewing techniques, and portfolio preparation. Art at Work, a paid summer internship program, connects students with creative businesses and engages them in a commissioned art project for a client. Comprehensive Portfolio Development programs help students make choices about how they present their artwork, supporting them as they document, select, and present a body of work and compose a strong artist statement. These portfolios are reviewed by Marwen staff and counselors, art professionals, and admissions representatives at our annual Portfolio Day. 391020 28716 1710352 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 80 0 1 75 1 1 1 0 0 0 0 1 1 0 0 0 0 X 32 32 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 IL X Antonia Contro 3129442418 833 North Orleans Unit 1 Chicago IL 60610 Bryan Traubert Immediate Past Chairman 0.50 X X 0 0 0 Deborah Quazzo Chairman 0.50 X X 0 0 0 Rob Buono Vice Chair 0.50 X X 0 0 0 Robert Buchsbaum Vice Chair 0.50 X X 0 0 0 Gail Marks Vice Chair 0.50 X X 0 0 0 Elliot Rawls Vice Chair 0.50 X X 0 0 0 Karen Zelden Vice Chair 0.50 X X 0 0 0 Isa Pressman Vice Chair 0.50 X X 0 0 0 John Svoboda Vice Chair 0.50 X X 0 0 0 Shalini Sharma Vice Chair 0.50 X X 0 0 0 Carmita Vaughan Vice Chair 0.50 X X 0 0 0 Doug Gourley Vice Chair 0.50 X X 0 0 0 Akilah Williams Vice Chair 0.50 X X 0 0 0 Andrew Weimer Treasurer 0.50 X X 0 0 0 James Hill III President, Chair Executive Committee 0.50 X X 0 0 0 Marcy Carlin Secretary 0.50 X X 0 0 0 Steve Berkowitz Chairman Emeritus 0.50 X X 0 0 0 Anne Cox Board Member 0.50 X 0 0 0 Susan Credle 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 Vicki Hood Board Member 0.50 X 0 0 0 Carol Levy Board Member 0.50 X 0 0 0 James Pass Board Member 0.50 X 0 0 0 Katherine Scott Board Member 0.50 X 0 0 0 Tom Shapiro Board Member 0.50 X 0 0 0 William Singer Board Member 0.50 X 0 0 0 Sheri Spielman Board Member 0.50 X 0 0 0 Jim Wicks Board Member 0.50 X 0 0 0 Hilary Wolfe Board Member 0.50 X 0 0 0 Amy Bluhm Board Member 0.50 X 0 0 0 Jennifer Aubrey Board Member 0.50 X 0 0 0 Nila Leiserowitz Board Member 0.50 X 0 0 0 Antonia Contro Executive Director 35.00 X 175000 0 5136 Darlene Dies Director of Finance 35.00 X 106605 0 7350 281605 0 12486 2 0 1 0 0 762714 51400 1991494 328897 2805608 Arts Program 900099 28716 28716 28716 152727 371 152356 62781 84311 -21530 -21530 -21530 2368 -2368 -2368 -2368 72203 762714 219299 -147096 -147096 7891 7891 7891 2823948 28716 -21159 10783 X 294091 186377 29998 77716 1028725 649444 107309 271972 24004 15006 1917 7081 77306 48327 6175 22804 112163 70118 8959 33086 21375 21375 374890 268777 35862 70251 49407 11301 12240 25866 1517 1517 242951 204748 29153 9050 12968 8789 325 3854 6510 3247 1244 2019 5794 4882 695 217 164395 138545 19725 6125 2371 2371 Operating Expense 53666 34313 4517 14836 Art Supplies 31639 31639 Dues/Subscriptions 5863 5863 132130 27459 443 104228 2641765 1710352 282308 649105 512267 443729 2273315 3576526 3965493 2909527 26725 713539 174029 283867 6157662 1494878 4668583 4662784 6236885 6606923 500000 0 408538 179146 18765835 19376041 146524 149916 9069 5080000 5080000 5235593 5229916 X 6932249 7262052 6597993 6884073 13530242 14146125 18765835 19376041 182183 433700 0 X 0 1 X 1 0 X 1811568 1741908 5817327 4014943 2805608 16191354 1811568 1741908 5817327 4014943 2805608 16191354 3448197 12743157 115808 141845 127935 128062 152727 666377 17020 46105 63125 16920856 3013965 0.75310 0.71500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1335613 1335613 3898802 1190048 2708754 610637 304830 305807 312610 312610 4662784 X 3389927 433700 221667 655367 2734560 89388 89388 2823948 2774044 221667 221667 2552377 89388 89388 2641765 Part X, Line 2: Marwen, an Illinois nonprofit corporation, is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law, except for taxes pertaining to unrelated business income. Rental income related to the building is subject to the unrelated business income tax guidelines. Marwen follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under the guidance, Marwen may recognize the tax benefits from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of Marwen and various positions related to potential sources of unrelated business taxable income. As of December 31, 2014 there were no unrecognized tax benefits identified or recorded as liabilities. Marwen files Form 990 & Form 990-T in the U.S. federal jurisdiction and the State of Illinois. Marwen is generally no longer subject to examination by the Internal Revenue Service for years before 2011. Part XI, Line 2d - Other Adjustments: Loss on Sale of Equipment 2,368. Special Events 219,299. Part XI, Line 4b - Other Adjustments: Non-Cash Contributions Not Recorded on Financial Statements 89,388. Part XII, Line 2d - Other Adjustments: Special Events 219,299. Loss on Sale of Equipment 2,368. Part XII, Line 4b - Other Adjustments: Non-Cash Contributions Not Recorded on Financial Statements 89,388. Dinner/Auction 771501 713251 58250 88412 75847 41948 Art Fair 63416 49463 13953 8731 4361 0 834917 762714 72203 88412 84578 46309 219299 -147096 X X X 0 0 0 0 0 0 0 0 0 Antonia Contro Executive Director 175000 0 0 0 0 0 4344 0 792 0 180136 0 0 0 A Illinois Finance Authority 861091967 45200FMN6 2008-08-01 5080000 See Schedule K, Part VI 0 0 0 A 5081296 27402 2228852 33000 2790746 2008 1 0 0 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 0 0 0 1 A 1 Date Rebate Computation Performed Issuer Name: Illinois Finance Authority Date the Rebate Computation was Performed: 10/02/2013 Andrea Kayne Kaufman Former Marwen Trustee & wife of principal in firm renting space from Marwen 62781 Annual Rent - 4th floor 0 X 2 233809 Financial publications X Auction Items 120 89388 FMV X Paper 1 5700 List price 0 0 1 0 Part I, Column (b): Is the number of contributions. Form 990, Part VI, Section A, line 2 Rob Buono has a family relationship with William Singer. Form 990, Part VI, Section B, line 11 The Board of Trustees has delegated the authority to review and approve Marwen's Form 990 to the Finance Committee. This delegation was made at the May 2009 Board of Trustees meeting and remains in effect for the 2014 calendar year. Form 990, Part VI, Section B, line 12c Officers and Trustees are required to complete a Conflict of Interest Statement each year identifying any interests 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. Form 990, Part VI, Section B, line 15a Process to determine compensation of Executive Director: Periodically, a salary survey is conducted to include compensation of top management officials at similarly sized non-profit organizations in the same geographic 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 usually includes one or more of the following individuals: the Chairman of the Board, the President of the Board and the Chairman Emeritus. These individuals review the performance of the Executive Director 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 a decision on compensation which is then communicated to the CFO for implementation. The process was documented. Process to determine compensation of other key employees: Periodically, a salary survey is conducted to include compensation of key management officials (Director of Development, Director of Education and Director of Finance and Administration) at similarly sized non-profit organizations in the same geographic locale. The performance of the these individuals over the past year is reviewed in connection with progress towards 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 a decision on compensation which is then communicated to the CFO for implementation. Form 990, Part VI, Section C, line 19 Copies of the organization's governing documents are available to the general public upon request at the organization's office for the same period of disclosure as set forth in IRC section 6104(d). Form 990, Part IX, line 11g Professional Fees: Program service expenses 268,777. Management and general expenses 35,862. Fundraising expenses 70,251. Total expenses 374,890.