THE CHARNLEY-PERSKY HOUSE MUSEUM FOUNDATION

EIN: 364181603 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$113,346
Total Expenses
$128,117
Total Assets
$2,201,459
Net Assets
$2,185,661
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
IL
Principal Officer
BEN THOMAS
Phone
3125731365
Tax Period
2024-10-01 to 2025-09-30

THE CHARNLEY-PERSKY HOUSE MUSEUM FOUNDATION, founded in 1997, is a small nonprofit in the Arts, Culture & Humanities sector that reported $113K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $128K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE FOUNDATION OPERATES AS A MUSEUM OF INTERNATIONALLY RECOGNIZED ARCHITECTURE OF LOUIS SULLIVAN AND FRANK LLOYD WRIGHT. A PORTION OF THE MUSEUM HOUSES THE INTERNATIONAL HEADQUARTERS FOR THE SOCIETY OF ARCHITECTURAL HISTORIANS (NFP).

Program Service Accomplishments

Program 1
Expenses: $109,075 Revenue: $42,600

OPERATE THE HOUSE AS A MUSEUM FOR THE PUBLIC.

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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 (2024)

Revenue Breakdown

Contributions & Grants $50,411
Program Service Revenue $42,600
Investment Income $14,913
Other Revenue $5,422
TOTAL REVENUE $113,346

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,016
Fundraising Expenses $55
Program Expenses $109,075
Other Expenses $104,101
TOTAL EXPENSES $128,117

Year-over-Year Comparison

2024 2023 Change
Revenue $113,346 $95,536 +0.2%
Expenses $128,117 $99,545 +0.3%
Net Income $-14,771 $-4,009 +2.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
12

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
3
$188,116
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOHAMMAD GHARIPOUR PRESIDENT 2.00
Officer Director
$0 $0 $0
GAIL DUBROW TREASURER 2.00
Officer Director
$0 $0 $0
ANDREW ELDERS DIRECTOR 2.00
Director
$0 $0 $0
REBECCA GRAFF DIRECTOR 2.00
Director
$0 $0 $0
TIARA HUGHES DIRECTOR 2.00
Director
$0 $0 $0
HEATHER MINOR DIRECTOR 2.00
Director
$0 $0 $0
LAURIE PETERSON DIRECTOR 2.00
Director
$0 $0 $0
CYNTHIA WEESE DIRECTOR 2.00
Director
$0 $0 $0
BEN THOMAS EXECUTIVE DIRECTOR 2.00
Officer
$0 $23,433 $188,116
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 $113,346 $128,117 $2,201,459 $-14,771
2024 No data No data No data No data
2023 $149,312 $133,750 $2,138,864 $15,562
2022 $183,430 $129,958 $2,146,328 $53,472
2021 $140,624 $135,727 $2,162,544 $4,897
2020 $132,396 $96,170 $2,140,569 $36,226
2019 $95,004 $122,928 $2,086,194 $-27,924
2018 $98,071 $77,692 $2,092,535 $20,379
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