The Arts Club of Chicago

EIN: 360750130 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$3,662,978
Total Expenses
$3,490,868
Total Assets
$25,227,889
Net Assets
$23,522,165
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1916
Legal Domicile
IL
Principal Officer
Janine Mileaf
Phone
3127873997
Tax Period
2023-07-01 to 2024-06-30

The Arts Club of Chicago, founded in 1916, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.7M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $3.5M left a modest 5% surplus.

Mission

THE ARTS CLUB OF CHICAGO WAS FORMED AS A MEANS TO ENCOURAGE, FOSTER, AND DEVELOP HIGHER STANDARDS OF ARTS CRAFTSMANSHIP, AND TO MAINTAIN THE CITY OF CHICAGO FACILITY FOR THE HOUSING OF GALLERIES AND EXHIBITIONS OPEN TO THE PUBLIC AND FREE OF CHARGE.

Program Service Accomplishments

Program 1
Expenses: $2,297,064 Revenue: $1,270,720

EXHIBITIONS, LECTURES, TEMPORARY GARDEN INSTALLATIONS, PERFORMANCES, HOSPITALITY, AND OTHER PROGRAMS. THE OBJECTIVE IS TO PRESENT ARTWORKS, AND/OR ORIGINAL PERFORMANCES AND PROVIDE CULTURAL...

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EXHIBITIONS, LECTURES, TEMPORARY GARDEN INSTALLATIONS, PERFORMANCES, HOSPITALITY, AND OTHER PROGRAMS. THE OBJECTIVE IS TO PRESENT ARTWORKS, AND/OR ORIGINAL PERFORMANCES AND PROVIDE CULTURAL PROGRAMMING, INCLUDING VARIOUS FORMATS OF EVENTS WHERE ACCLAIMED INDIVIDUALS OR EXPERTS PRESENT INFORMATION AND LECTURE ON RELEVANT TOPICS, TO THE MEMBERSHIP AND TO THE PUBLIC TO ENRICH A CONVERSATION IN THE ARTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,755,531
Program Service Revenue $1,270,720
Investment Income $636,727
Other Revenue $0
TOTAL REVENUE $3,662,978

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,541,871
Fundraising Expenses $23,102
Program Expenses $2,297,064
Other Expenses $1,948,997
TOTAL EXPENSES $3,490,868

Year-over-Year Comparison

2023 2022 Change
Revenue $3,662,978 $2,764,948 +0.3%
Expenses $3,490,868 $3,210,639 +0.1%
Net Income $172,110 $-445,691 -1.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
44
Independent Members
44
Employees
32
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$144,707
Total Directors
43
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANINE MILEAF EXECUTIVE DIRECTOR 40.0
Officer
$141,437 $3,270 $144,707
CHARLES MOTTIER PRESIDENT 1.0
Officer Director
$0 $0 $0
Barbara Adelman DIRECTOR 1.0
Director
$0 $0 $0
JULIA LANGDON ANTONATOS DIRECTOR 1.0
Director
$0 $0 $0
SILVIA BELTRAMETTI DIRECTOR 1.0
Director
$0 $0 $0
MICHELLE BOONE DIRECTOR 1.0
Director
$0 $0 $0
HEIJI CHOI BLACK DIRECTOR 1.0
Director
$0 $0 $0
ALLISON CUDDY DIRECTOR 1.0
Director
$0 $0 $0
Robert FEITLER DIRECTOR 1.0
Director
$0 $0 $0
DENISE GARDNER DIRECTOR 1.0
Director
$0 $0 $0
SARAH GARVEY Vice President 1.0
Officer Director
$0 $0 $0
BROOKE HUMMER DIRECTOR 1.0
Director
$0 $0 $0
ERIC MCKISSACK DIRECTOR 1.0
Director
$0 $0 $0
Kanwar Singh DIRECTOR 1.0
Director
$0 $0 $0
MERRILLYN KOSIER DIRECTOR 1.0
Director
$0 $0 $0
GEOF OPPENHEIMER DIRECTOR 1.0
Director
$0 $0 $0
MADELINE MURPHY RABB DIRECTOR 1.0
Director
$0 $0 $0
REBECCA FORD TERRY Secretary 1.0
Officer Director
$0 $0 $0
DIRK LOHAN DIRECTOR 1.0
Director
$0 $0 $0
CHRISTOPHER WILLIAMS DIRECTOR 1.0
Director
$0 $0 $0
Helen Harvey Mills Director 1.0
Director
$0 $0 $0
Nina Owen Treasurer 1.0
Officer Director
$0 $0 $0
Nada Andric Director 1.0
Director
$0 $0 $0
Robert Buford Director 1.0
Director
$0 $0 $0
Sean Eshaghy Director 1.0
Director
$0 $0 $0
Ginger Farley Director 1.0
Director
$0 $0 $0
Margery Kamin Feitler Director 1.0
Director
$0 $0 $0
Sunny Fischer Director 1.0
Director
$0 $0 $0
Helyn Goldenberg Director 1.0
Director
$0 $0 $0
Joseph Gromacki Director 1.0
Director
$0 $0 $0
Gloria Groom Director 1.0
Director
$0 $0 $0
Glenn Holland Director 1.0
Director
$0 $0 $0
Alex Krikhaar Director 1.0
Director
$0 $0 $0
Ken Krimstein Director 1.0
Director
$0 $0 $0
Laura Layfer Director 1.0
Director
$0 $0 $0
Casey Maciasz Director 1.0
Director
$0 $0 $0
Christy MacLear Director 1.0
Director
$0 $0 $0
Maggie Meiners Director 1.0
Director
$0 $0 $0
Gary Metzner Director 1.0
Director
$0 $0 $0
Natalie Moore Direcotr 1.0
Director
$0 $0 $0
Kimberly Querrey Director 1.0
Director
$0 $0 $0
Sophia Shaw Director 1.0
Director
$0 $0 $0
Benna Wilde Director 1.0
Director
$0 $0 $0
Helen Zell Director 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $3,662,978 $3,490,868 $25,227,889 $172,110
2023 $2,764,948 $3,210,639 $23,588,995 $-445,691
2022 $152,339 $2,812,808 $22,777,301 $-2,660,469
2021 $2,668,661 $2,390,337 $25,527,649 $278,324
2020 $2,778,176 $2,822,082 $22,287,006 $-43,906
2019 $2,701,822 $2,978,260 $22,026,705 $-276,438
2018 $5,565,196 $3,035,021 $21,776,119 $2,530,175
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