Chicago Film Archives NFP

EIN: 841634391 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$890,520
Total Expenses
$661,036
Total Assets
$782,946
Net Assets
$780,780
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
IL
Principal Officer
Nancy Watrous
Phone
3122431808
Tax Period
2025-01-01 to 2025-12-31

Chicago Film Archives NFP, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $891K in total revenue in fiscal year 2025. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $229K, a strong 26% operating margin.

Mission

To serve institutions and filmmakers of this region and elsewhere by establishing a repository for institutional and private film collections; serve a variety of cultural, academic and artistic communities by making the films available locally, nationally, and internationally for exhibition, research, and production; and serve our culture by restoring and preserving films that are rare or not in existence elsewhere.

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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 (2025)

Revenue Breakdown

Contributions & Grants $553,998
Program Service Revenue $327,526
Investment Income $8,996
Other Revenue $0
TOTAL REVENUE $890,520

Expense Breakdown

Grants Paid $0
Salaries & Benefits $319,409
Fundraising Expenses $23,534
Program Expenses $479,139
Other Expenses $341,627
TOTAL EXPENSES $661,036

Year-over-Year Comparison

2025 2024 Change
Revenue $890,520 $491,724 +0.8%
Expenses $661,036 $586,985 +0.1%
Net Income $229,484 $-95,261 -3.4%
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

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

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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
9
Independent Members
8
Employees
5
Volunteers
11

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
$77,913
Total Directors
9
$77,913
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nancy Watrous Executive Dir. 40.00
Officer Director
$77,913 $0 $77,913
Lesley Coffin President 5.00
Officer Director
$0 $0 $0
Kathy Monk Vice President 2.00
Officer Director
$0 $0 $0
Larry Shulman Treasurer 2.00
Officer Director
$0 $0 $0
David Zerlin Secretary 2.00
Officer Director
$0 $0 $0
Ted Hardin Director 2.00
Director
$0 $0 $0
Michal Raz-Russo Director 2.00
Director
$0 $0 $0
Michael Goi Director 2.00
Director
$0 $0 $0
Andrew Davis Director 2.00
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 $890,520 $661,036 $782,946 $229,484
2024 $491,724 $586,985 $558,658 $-95,261
2023 $648,456 $565,515 $646,606 $82,941
2022 $493,722 $569,288 $562,325 $-75,566
2021 $711,086 $503,806 $639,798 $207,280
2020 $380,940 $434,298 $492,069 $-53,358
2019 $478,944 $387,916 $484,820 $91,028
2018 $393,968 $405,039 $309,671 $-11,071
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