LIZZADRO MUSEUM OF LAPIDARY ARTS

EIN: 362487600 501(c)(3) Arts, Culture & Humanities

Oak Brook, IL

Total Revenue
$827,427
Total Expenses
$595,108
Total Assets
$4,370,174
Net Assets
$4,317,480
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
IL
Phone
6305717200
Tax Period
2024-01-01 to 2024-12-31

LIZZADRO MUSEUM OF LAPIDARY ARTS, founded in 1961, is a small nonprofit in the Arts, Culture & Humanities sector that reported $827K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $232K, a strong 28% operating margin.

Mission

THE LIZZADRO MUSEUM OF LAPIDARY ART'S PRIMARY EXEMPT PURPOSE IS TO OPERATE A MUSEUM OF ART FOR THE COLLECTION, CARE, STUDY, AND EXHIBITION OF PRECIOUS AND NON-PRECIOUS GEMS, CERAMICS, AND OTHER OBJECTS OF ART, AND THE EDUCATION OF THE PUBLIC WITH REFERENCE TO THE MUSEUM'S ART COLLECTION, WHICH CONSISTS OF GEMSTONES, DIORAMAS, JADE CARVINGS, AND VARIOUS ROCK, MINERAL, AND FOSSIL SPECIMENS.

Program Service Accomplishments

Program 1
Expenses: $301,852 Revenue: $109,725

THE PROMOTION OF THE LAPIDARY ART THROUGH SPECIAL PROGRAMS ON THE HISTORY AND MAKEUP OF THE MUSEUM. OVER 34,423 CHILDREN AND ADULTS VISITED THE MUSEUM THIS YEAR ON SITE OR THROUGH EXTERNAL OR VIRTUAL...

Read more

THE PROMOTION OF THE LAPIDARY ART THROUGH SPECIAL PROGRAMS ON THE HISTORY AND MAKEUP OF THE MUSEUM. OVER 34,423 CHILDREN AND ADULTS VISITED THE MUSEUM THIS YEAR ON SITE OR THROUGH EXTERNAL OR VIRTUAL PROGRAMMING. EVERY WEDNESDAY IS FREE ADMISSION. THE MUSEUM COLLABORATES WITH COMMUNITY ORGANIZATIONS TO PROVIDE CULTURAL AND EDUCATIONAL PROGRAMS FOR THE PUBLIC. THE MUSEUM DISPLAYED 3 TEMPORARY SPECIAL EXHIBITS: THE FIRST: THE ARTFUL SOUL OF FAUST WHICH EXHIBITED FOURTEEN LARGE CAMEOS DEPICTING THE STORY OF FAUST FROM GERMANY ENDED JANUARY 7, 2024. THE RICHARD H. DRIEHAUS LAPIDARY COLLECTION FEATURING A VARIETY OF STONE OBJECTS FROM AROUND THE WORLD AND 2 19TH CENTURY ROMAN MICROMOSAICS FROM FEBRUARY 1 TO SEPTEMBER 29, 2024. SYNERGY AND SYMBIOSIS FEATURED 12 COLLABORATIVE JEWELRY CREATIONS BY PAULA CREVOSHAY AND GLENN LEHRER FROM NOVEMBER 2, 2024 TO APRIL 27, 2025.

Program 2
Expenses: $229,899 Revenue: $156,386

THE MUSEUM STAFF OPERATES A GIFT SHOP AT THE MUSEUM'S FACILITY, WHICH AFFORDS VISITORS THE OPPORTUNITY TO PURCHASE BOOKS, LITERATURE, AND LAPIDARY REPLICAS. THE GIFT SHOP'S INVENTORY OF LAPIDARY...

Read more

THE MUSEUM STAFF OPERATES A GIFT SHOP AT THE MUSEUM'S FACILITY, WHICH AFFORDS VISITORS THE OPPORTUNITY TO PURCHASE BOOKS, LITERATURE, AND LAPIDARY REPLICAS. THE GIFT SHOP'S INVENTORY OF LAPIDARY SPECIMENS CONSISTS PRIMARILY OF LOW-PRICED ITEMS WHICH ARE REPRESENTATIVE FACSIMILES OF THE LAPIDARY AND RELATED ART OBJECTS DISPLAYED AT THE MUSEUM. THE PRIMARY PURPOSE OF THE GIFT SHOP FACILITY IS CONSISTENT WITH THE UNDERLYING EXEMPT PURPOSE OF THE MUSEUM AND THUS IS CHARACTERIZED AS RELATED BUSINESS INCOME FOR PURPOSES OF THE MUSEUM'S REPORTING REQUIREMENTS. SEE SECTION 513 OF THE INTERNAL REVENUE CODE OF 1954, AS AMENDED, AND THE REGULATIONS PROMULGATED THEREUNDER.

Program 3
Expenses: $11,886 Revenue: $5,902

TOURS AND EDUCATIONAL PROGRAMS: THE MUSEUM HELD 48 ONSITE WEEKEND PROGRAMS ON EDUCATIONAL SUBJECTS RELATED TO ROCKS AND MINERALS, AS WELL AS LIVE COMMUNITY MUSIC PROGRAMS. LECTURES AND ACTIVITIES...

Read more

TOURS AND EDUCATIONAL PROGRAMS: THE MUSEUM HELD 48 ONSITE WEEKEND PROGRAMS ON EDUCATIONAL SUBJECTS RELATED TO ROCKS AND MINERALS, AS WELL AS LIVE COMMUNITY MUSIC PROGRAMS. LECTURES AND ACTIVITIES PERTAINING TO THE CHINESE COLLECTION AND EARTH SCIENCE PROGRAMS ARE USUALLY RECORDED AND POSTED TO OUR WEBSITE'S YOUTUBE CHANNEL, GENERATING ADDITIONAL VIEWS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $511,618
Program Service Revenue $115,627
Investment Income $36,521
Other Revenue $163,661
TOTAL REVENUE $827,427

Expense Breakdown

Grants Paid $0
Salaries & Benefits $85,928
Fundraising Expenses $0
Program Expenses $543,637
Other Expenses $509,180
TOTAL EXPENSES $595,108

Year-over-Year Comparison

2024 2023 Change
Revenue $827,427 $570,384 +0.5%
Expenses $595,108 $635,671 -0.1%
Net Income $232,319 $-65,287 -4.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
10
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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN S LIZZADRO JR VICE PRES AND DIRECTOR 0.1
Officer Director
$0 $0 $0
JOHN S LIZZADRO SR PRESIDENT AND DIRECTOR 0.1
Officer Director
$0 $0 $0
LOUIS L LIZZADRO TREASURER AND DIRECTOR 0.1
Officer Director
$0 $0 $0
BONITA HAY DIRECTOR 0.0
Director
$0 $0 $0
CHARLES E ANDERSON DIRECTOR 0.0
Director
$0 $0 $0
DANIEL LIZZADRO-MCPHERSON DIRECTOR 0.0
Director
$0 $0 $0
DOROTHY ASHER DIRECTOR 0.0
Director
$0 $0 $0
GINA NICHOLAS DIRECTOR 0.0
Director
$0 $0 $0
JOHN NICHOLAS DIRECTOR 0.0
Director
$0 $0 $0
MARTIN HARE DIRECTOR 0.0
Director
$0 $0 $0
NICOLE L KELLEY DIRECTOR 0.0
Director
$0 $0 $0
WINONA ASHER DIRECTOR 0.0
Director
$0 $0 $0
Dr Kyle Brill EXECUTIVE DIRECTOR 0.1
Officer
$0 $0 $0
JOSEPH F LIZZADRO SECRETARY 0.1
Officer
$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
2024 $827,427 $595,108 $4,370,174 $232,319
2023 $570,384 $635,671 $3,915,000 $-65,287
2022 $698,520 $515,472 $4,008,677 $183,048
2021 $652,000 $498,185 $3,915,480 $153,815
2020 $652,625 $370,147 $3,702,467 $282,478
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LIZZADRO MUSEUM OF LAPIDARY ARTS with other nonprofits in Illinois and across the country.