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Society for Contemporary Art
Society for Contemporary Art
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About this organization
Mission
To stimulate the production and appreciation of contemporary art by: (1) acquiring contemporary art for presentation to the Art Institute of Chicago; (2) arranging exhibitions of contemporary art; (3) fostering the discussion of and popular interest in contemporary art; (4) conducting educational programs relating to contemporary art; and (5) using the society's funds to support contemporary art at the Art Institute.
About
Lectures on contemporary art, held 6-8 times per year, which are free to members and the general public with attendance ranging from 75 to 200 persons. Member programs which generally consist of collection, exhibition and gallery tours. Support contemporary art focused programs at the Art Institute of Chicago. Contemporary art focused member travel. Purchase and subsequent donation of contemporary art to the Art Institute of Chicago.
Interesting data from their 2020 990 filing
The purpose of the non-profit is listed in the filing as “To stimulate the production and appreciation of contemporary art by: (1) acquiring contemporary art for presentation to the art institute of chicago; (2) arranging exhibitions of contemporary art; (3) fostering the discussion of and popular interest in contemporary art; (4) conducting educational programs relating to contemporary art; and (5) using the society's funds to support contemporary art at the art institute.”.
When discussing its operations, they were characterized as: “To stimulate the production and appreciation of contemporary art by: (1) acquiring contemporary art for presentation to the art institute of chicago; (2) arranging exhibitions of contemporary art; (3) fostering the discussion of and popular interest in contemporary art; (4) conducting educational programs relating to contemporary art; and (5) using the society's funds to support contemporary art at the art institute.”.
- The non-profit's legally reported state of operation is IL.
- The filing states that the non-profit's address in the year 2020 is 111 S MICHIGAN AVENUE, CHICAGO, IL, 60603.
- The form submitted by the non-profit for 2020 shows a total of 3 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$158,136.
- The remuneration plan for the CEO of the organization is based on a review and approval process by a neutral entity.
- The organization elects its board members.
- The organization has 18 independent voting members.
- The organization was formed in 1967.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $82,587 in salary, compensation, and benefits to its employees.
- The organization pays $7,879 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.
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