2018-07-13T16:51:41-05:00 2017-08-31 363143186 MORRISON & MORRISON LTD 19 SOUTH LASALLE ST SUITE 1100 CHICAGO IL 60603 990 2016-09-01 362229560 THE ALLIANCE FRANCAISE FRENCH HOUSE OF CHICAGO ALLI 3123371070 810 N DEARBORN CHICAGO IL 60610 JOHN ROWAN CARROLL TREASURER 3123371070 2018-07-12 1 FRED M BRODY P01045120 3123462141 2018-07-12 2016 2022-09-23 18:48:47Z ALLIANCE FRANCAISE DE CHICAGO JOHN ROWAN CARROLL 810 N DEARBORN CHICAGO IL 60610 2613566 0 X AF-CHICAGO.ORG X 1901 IL THE ALLIANCE FRANCAISE DE CHICAGO IS CHICAGO'S FRENCH CULTURAL AND LEARNING CENTER DEDICATED TO THE STUDY OF FRENCH LANGUAGE, CULTURAL EXCHANGE AND FRIENDSHIP BETWEEN AMERICANS AND FRENCH-SPEAKING PEOPLE. 27 27 28 100 1443 0 1257422 593457 1133119 1147434 98830 138597 -398693 -24982 2090678 1854506 79735 78724 0 0 1277939 1307949 0 0 109498 645624 694074 2003298 2080747 87380 -226241 5154942 4931145 579746 485482 4575196 4445663 THE ALLIANCE FRANCAISE DE CHICAGO IS CHICAGO'S FRENCH CULTURAL AND LEARNING CENTER DEDICATED TO THE STUDY OF FRENCH LANGUAGE, CULTURAL EXCHANGE AND FRIENDSHIP BETWEEN AMERICANS AND FRENCH-SPEAKING PEOPLE. 0 0 1085638 78724 1102966 THE LEARNING CENTER AT THE ALLIANCE CONTINUED TO OFFER A BROAD RANGE OF COURSES AT ALL LEVELS OF FRENCH, FOR TODDLERS TO ADULT AUDIENCES. SUBJECTS RANGED FROM FRENCH LANGUAGE, GRAMMAR, LITERATURE, BUSINESS FRENCH, COOKING, GASTRONOMY, CURRENT EVENTS AND FILM. YOUTH SUMMER CAMP RAN FOR SEVEN WEEKS IN JUNE, JULY AND AUGUST 2017. 208062 54615 PROGRAMS DURING 2017 INCLUDED CULTURAL EVENTS SUCH AS TALKS AND ROUND TABLES BY AUTHORS, FILM DIRECTORS, MUSICIANS, ART HISTORIANS AND ACADEMICS; COOKING CLASSES, FIELD TRIPS FOR ELEMENTARY AND HIGH SCHOOL STUDENTS AND YOUNG ADULTS, FILMS, AND READING AND CONVERSATION GROUPS. A MONTH-LONG CELEBRATION OF FRENCH SPEAKING COUNTRIES WITH REPRESENTATION OF ALL FRENCH SPEAKING DELEGATIONS IN CHICAGO TOOK PLACE IN MARCH 2017. THE ALLIANCE PARTICIPATED IN THE ORGANIZATION AND EXECUTION OF A PUBLIC BASTILLE DAY CELEBRATION IN PARTNERSHIP WITH ALL THE FRENCH-SPEAKING ORGANIZATIONS IN CHICAGO, IN JULY 2017. 130858 2301 THE LIBRARY/MEDIATHEQUE MAINTAINED A CIRCULATION OF 19,000 VOLUMES PER ANNUM ON 14,000 TITLES, AND OVERSAW THE ADMINISTRATION OF THE SATURDAY FILM CLUB AND CONVERSATION GROUPS FOR LITERATURE, POETRY, AND CURRENT EVENTS. 1424558 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 39 0 1 28 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X JOHN MCCORD 3123371070 810 N DEARBORN ST CHICAGO IL 60610 BETSEY N PINKERT VICE PRESIDENT 1.00 X X 0 0 0 CAROL ELIZABETH VANCE BOARD DIRECTOR 1.00 X 0 0 0 CONSTANCE M FRYDENLUND BOARD DIRECTOR 1.00 X 0 0 0 DAVID P EARLE III BOARD DIRECTOR 1.00 X 0 0 0 DAVID R HAMILTON BOARD DIRECTOR 1.00 X 0 0 0 FRANCINE SALTOUN VICE PRESIDENT 1.00 X X 0 0 0 FREDERICK D FISCHER SECRETARY 1.00 X X 0 0 0 HERVE DE LA VAUVRE PRESIDENT 1.00 X X 0 0 0 M HILL HAMMOCK BOARD DIRECTOR 1.00 X 0 0 0 JOHN G W MCCORD EXECUTIVE DIRECTOR 40.00 X X 120573 0 29825 JOHN M HOLMES BOARD DIRECTOR 1.00 X 0 0 0 JANIS W NOTZ BOARD DIRECTOR 1.00 X 0 0 0 JOHN ROWAN CARROLL TREASURER 1.00 X X 0 0 0 JULIUS LEWIS CHAIR EMERITUS 1.00 X X 0 0 0 LILI C GAUBIN BOARD DIRECTOR 1.00 X 0 0 0 MYRIAM BRANSFIELD BOARD DIRECTOR 1.00 X 0 0 0 PAUL-HENRI CHEVALIER BOARD DIRECTOR 1.00 X 0 0 0 PRINCESSE MARIE-BLANCHE DE BROGLIE HONORARY DIRECTOR 1.00 X 0 0 0 R STANLEY JOHNSON BOARD DIRECTOR 1.00 X 0 0 0 RICHARD W SHEPRO BOARD DIRECTOR 1.00 X 0 0 0 SARAH SOLOTAROFF MIRKIN VICE PRESIDENT 1.00 X X 0 0 0 SOLANGE P BROWN CHAIR 1.00 X X 0 0 0 TIMOTHY CALKINS BOARD DIRECTOR 1.00 X 0 0 0 VIRGINIA BOBINS BOARD DIRECTOR 1.00 X 0 0 0 W PAUL KRAUSS VICE PRESIDENT 1.00 X X 0 0 0 VINCENT FLOREANI HONORARY DIRECTOR 1.00 X 0 0 0 LAURIE V BAY BOARD DIRECTOR 1.00 X 0 0 0 DAVID HORN BOARD DIRECTOR 1.00 X 0 0 0 RENEE JOHNSON HONORARY DIRECTOR 1.00 X 0 0 0 LISA BAILEY BOARD DIRECTOR 1.00 X 0 0 0 MONIQUE CLARINE BOARD DIRECTOR 1.00 X 0 0 0 MARY ELLEN CONNELLAN PRESIDENT OF THE WOMEN'S BOARD 1.00 X 0 0 0 120573 0 29825 1 0 0 0 0 100605 137778 15000 340074 31769 593457 TUITION/PRIVATE LESSON 611600 1094186 1094186 PROGRAMS 611600 50947 50947 LIBRARY 611600 2301 2301 1147434 43791 43791 8003 6560 1443 1443 1443 748402 653596 94806 94806 94806 31605 137778 70478 -38873 -38873 37206 28426 8780 8780 TRANSLATIONS 900099 3668 3668 3668 1854506 1159882 1443 99724 78724 78724 150746 150746 908813 684626 198514 25673 73235 54527 14601 4107 105236 84787 16084 4365 69919 40895 26684 2340 7640 7640 35042 35042 15935 15935 37750 37750 35872 35872 134844 130574 2744 1526 26608 26608 36582 32875 3707 24155 2749 18115 3291 8075 8075 129211 118112 11099 36604 33459 3145 MAINTENANCE AND REPAIR 92614 84662 7952 PROGRAM EXPENSES 58685 28239 30446 MEDIA 13080 13080 DUES 1377 1377 2080747 1424558 546691 109498 21917 917 660615 101920 8140 18053 42612 29964 32806 17199 5780958 3142411 2706950 2638547 1681902 2124545 5154942 4931145 216843 183831 115403 136651 247500 165000 579746 485482 X 2659190 2431156 268465 227061 1647541 1787446 4575196 4445663 5154942 4931145 X -226241 104552 -7844 X X 0 1 X 1 0 X 767823 1156166 676811 1353094 593457 4547351 1197954 1305448 1280741 1261981 1216245 6262369 1965777 2461614 1957552 2615075 1809702 10809720 319794 441198 337928 410471 325313 1834704 0 319794 441198 337928 410471 325313 1834704 8975016 42731 37990 40289 46910 51794 219714 42731 37990 40289 46910 51794 219714 7236 7236 3429 2511 1906 3168 3668 14682 2011937 2509351 1999747 2665153 1865164 11051352 0.81210 0.81750 0.01990 0.01730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2090404 141949 204955 96906 10616 158990 2170796 2045533 235378 204954 103335 8761 169210 2090404 2119099 183367 -81197 100446 13260 62030 2045533 1964241 196124 245938 101478 6998 178728 2119099 1644364 346059 236483 101354 6896 154415 1964241 0.07200 0.82340 0.10460 0 0 518900 518900 4063621 2139556 1924065 521772 402763 119009 133954 101542 32412 542711 498550 44161 2638547 X 2026525 104552 -15935 88617 1937908 -83402 -83402 1854506 2156058 91246 91246 2064812 15935 15935 2080747 PART V, LINE 4: ELEANOR WOOD-PRINCE FUND - BOARD-DESIGNATED UNRESTRICTED FUND WITH A DESIGNATION OF MRS. WOOD-PRINCE'S UNRESTRICTED BEQUEST. INCOME WAS DESIGNATED TO BE SPENT FOR MEDIATHEQUE OPERATING EXPENSES. JEAN BODFISH BROWN LECTURE FUND - A BOARD-DESIGNATED FUND, INCOME IS TO BE SPENT FOR AN ANNUAL LECTURE OF VERY HIGH CALIBER IN JEAN BROWN'S NAME AND A PLAQUE IS TO BE AT THE ALLIANCE FRANCAISE IN HER MEMORY. ILSE AND ROBERT FRIEND FUND - BOARD-DESIGNATED UNRESTRICTED FUND WITH A DESIGNATION OF ILSE FRIEND TRUST'S UNRESTRICTED BEQUEST. EDUCATIONAL OUTREACH PROGRAM FUND - A TEMPORARILY RESTRICTED FUND, WITH PRINCIPAL AND INCOME TO BE USED TO SUPPORT VARIOUS ACTIVITIES OF THE EDUCATIONAL OUTREACH PROGRAM WHICH COSTS ABOUT $90,500 (FISCAL 2016) TO OPERATE. BROWN ENDOWMENT FUND - A PERMANENTLY RESTRICTED ENDOWMENT FUND. INCOME IS TO SUPPORT GENERAL OPERATIONS. UNREALIZED GAINS OR LOSSES INCREASE OR DECREASE THE ENDOWMENT. IF THE FUND IS INVESTED FOR LONG TERM GROWTH AND ON A TOTAL RETURN BASIS, UP TO 5% OF THE ENDOWMENT MAY BE DESIGNATED AS INCOME. JOHN SHEDD REED LECTURE FUND - A TEMPORARILY RESTRICTED ENDOWMENT FUND DESIGNATING THE PRINCIPAL TO BE USED TO ESTABLISH A LECTURE FUND WITH INCOME FOR A LECTURE ON MODERN FRANCE (EG, POLITICS, INDUSTRY, COMMERCE, ETC.) BY A HIGH PROFILE PERSON IN ENGLISH. MCCORMICK AND DEERING SCHOLARSHIP ENDOWMENT FUND - A TEMPORARILY RESTRICTED FUND DESIGNATING BOTH PRINCIPAL AND INCOME TO BE SPENT ON SCHOLARSHIPS. RHOADES FOUNDATION - JULIUS LEWIS ENDOWMENT FUND - A PERMANENTLY RESTRICTED ENDOWMENT FUND, DESIGNATING THE USE OF INCOME TO BE USED TO SUPPORT GENERAL OPERATIONS. PART X, LINE 2: EFFECTIVE JANUARY 1, 2009, THE ORGANIZATION ADOPTED FASB ASC 740-10, THE ACCOUNTING STANDARD REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS". THIS ACCOUNTING STANDARD PROVIDES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ADOPTION OF THIS STANDARD HAD NO MATERIAL EFFECT ON THE ORGANIZATION'S FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOWS. THE TAX YEARS OF 2014 TO 2016 REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ALLOCABLE TO INVESTMENT INCOME -15,935. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES DIRECTLY ALLOCABLE TO FUNDRAISING -56,260. COST OF GOODS SOLD -28,426. EXPENSES ALLOCABLE TO RENTAL INCOME -6,560. DONATED BOOKS, PRINTS, MEDIA, COMPUTER HARDWARE AND WINE BOTTLES 7,844. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 28,426. EXPENSES DIRECTLY ALLOCABLE TO FUNDRAISING 56,260. EXPENSES ALLOCABLE TO RENTAL INCOME 6,560. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES DIRECTLY ALLOCABLE TO INVESTMENT INCOME 15,935. X X X X 1 MCNULTY CONSULTING GROUP 1731 W JULIAN ST CHICAGO IL 60622 PHILANTHROPIC CONSULTING 0 0 37250 -37250 37250 -37250 IL FRENCH DECORATIVE ARTS SYMPOSIUM 51700 29665 22035 19402 3866 BELLE EPOQUE 117683 108113 9570 20068 4729 5263 3000 6552 169383 137778 31605 20068 4729 24665 3000 10418 62880 -31275 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE ORGANIZATION ENGAGED THE SERVICES OF A FUNDRAISING CONSULTANT TO PROVIDE AN ANALYSIS OF THE ORGANIZATION'S FUNDRAISING AND PROVIDE STRATEGIC DIRECTION ON FUTURE EFFORTS. THIS INVOLVED AN IN-DEPTH LONGITUDINAL STUDY OF FUNDRAISING HISTORY AND A DETAILED ANALYSIS OF THE POTENTIAL TO RAISE ADDITIONAL FUNDS. THE SERVICES PROVIDED ALSO INCLUDED DEVELOPING OVERALL STRATEGIC DIRECTION IN THE SHORT AND LONG TERM. 1 LAUREATES SCHOLARSHIP - AWARDS TOWARDS EXCELLENCE 15 66161 MCCORMICK SCHOLARSHIP 2 12563 PART I, LINE 2: THE AWARD TOWARDS EXCELLENCE OUTREACH PROGRAM IN PARTNERSHIP WITH CHICAGO PUBLIC SCHOOLS OFFERS HIGH SCHOOL STUDENTS A WEEKLY AFTER-SCHOOL IMMERSION AND ENRICHMENT PROGRAM IN FRENCH LANGUAGE AND CULTURE. EACH YEAR PARTICPATING STUDENTS ARE SELECTED TO RECEIVE A GRANT FOR AN IMMERSION TRIP TO FRANCE OR TO THE CONCORDIA LANGUAGE VILLAGES. IN FISCAL YEAR ENDED AUGUST 31, 2017 SEVEN STUDENTS RECEIVED THE IMMERSION TRIP TO FRANCE AND EIGHT STUDENTS RECEIVED THE IMMERSION TRIP TO CONCORDIA LANGUAGE VILLAGE. ALL FEES ARE PAID BY THE ALLIANCE FRANCAISE DE CHICAGO TO THE TRAVEL COMPANY OR LANGUAGE CAMP DIRECTLY, WITH THE EXCEPTION OF DESIGNATED FUNDS FOR PARTICIPANTS' MINOR OUT OF POCKET EXPENSES WHILE PARTICIPATING IN THE IMMERSION EXPERIENCE. STUDENTS ARE REQUIRED TO KEEP A JOURNAL DURING THEIR TRIPS WHICH IS SUBMITTED TO THE ALLIANCE. IN ADDITION, FUNDS FROM AN ENDOWMENT PROVIDE TWO AWARDS FOR OUTSTANDING HIGH SCHOOL SCORERS ON THE US NATIONAL FRENCH TEST FOR SUMMER STUDY AT THE SORBONNE, PARIS, FRANCE. THESE AWARDS ARE PAID DIRECTLY BY THE ALLIANCE FRANCAISE DE CHICAGO TO THE EDUCATIONAL INSTITUTION AND THE TRAVEL COMPANY, WITH A SPECIFIC AMOUNT FOR MEALS AWARDED DIRECTLY TO THE PARTICIPANTS. STUDENTS ARE REQUIRED TO COMPLETE A WRITTEN REPORT OF THEIR EXPERIENCE UPON THEIR RETURN. X X 0 0 0 0 0 0 0 0 0 JOHN G W MCCORD EXECUTIVE DIRECTOR 0 0 120573 0 0 0 0 0 29825 0 150398 0 0 0 PART I, LINE 3 THE PRESIDENT OF THE BOARD OF DIRECTORS APPOINTS A COMPENSATION COMMITTEE COMPRISED OF EXECUTIVE COMMITTEE MEMBERS, INCLUDING THE PRESIDENT. THE COMPENSATION COMMITTEE MEETS INDEPENDENTLY TO DISCUSS THE EXECUTIVE DIRECTOR'S PERFORMANCE RELATIVE TO THE POSITION DESCRIPTION AND ESTABLISHED OBJECTIVES. ONCE A CONSENSUS IS REACHED RELATIVE TO PERFORMANCE, THE COMPENSATION COMMITTEE PRESENTS ITS FINDINGS AND RECOMMENDATIONS, IN AN EXECUTIVE SESSION WITHOUT THE EXECUTIVE DIRECTOR PRESENT, TO THE FULL EXECUTIVE COMMITTEE FOR ITS REVIEW AND APPROVAL. X 7 6802 FAIR MARKET VALUE X 846 FAIR MARKET VALUE X 2189 FAIR MARKET VALUE X 3 9707 FAIR MARKET VALUE X TRAVEL AND MEALS 8 7035 FAIR MARKET VALUE X WINE AND CHAMPAIGNE BOTTLES 6 2290 FAIR MARKET VALUE X THEATRICAL, FASHION, MUSEUM & SPORTING EVENTS 3 1100 FAIR MARKET VALUE X JEWELRY 1 750 FAIR MARKET VALUE X GIFT CERTIFICATE 2 550 FAIR MARKET VALUE X MEMBERSHIPS 2 500 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THERE ARE FAMILY RELATIONSHIPS BETWEEN THE FOLLOWING: FRANCINE SALTOUN, VICE PRESIDENT AND BOARD MEMBER IS RELATED TO TIMOTHY CALKINS, BOARD MEMBER. CATHERINE GRAHAM, SENIOR CHAIR AND BOARD MEMBER IS RELATED TO LILI GAUBIN, BOARD MEMBER. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE SUCH CLASSES OF MEMBERS AS THE BOARD OF DIRECTORS SHALL FROM TIME TO TIME DETERMINE. THE BOARD OF DIRECTORS SHALL FIX THE DUES FROM TIME TO TIME FOR THE VARIOUS CLASSES OF MEMBERSHIP, AFTER THEIR PAYMENT OF INITIAL LIFE MEMBERSHIP DUES. THE BOARD OF DIRECTORS SHALL DEFINE THE ELIGIBILITY AND PRIVILEGES TO THE VARIOUS CLASSES OF MEMBERSHIP. THE MEMBERS OF THE CORPORATION SHALL NOT HAVE VOTING RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B THE 2015 FORM 990, FOLLOWING REVIEW BY THE FINANCE COMMITTEE, WAS PRESENTED TO THE BOARD OF DIRECTORS FOR ITS REVIEW AND APPROVAL. AN OFFICER OF THE BOARD OF DIRECTORS SIGNED AND CERTIFIED THAT THE 2015 FORM 990 IS ACCURATE AND COMPLETE. FORM 990, PART VI, SECTION B, LINE 12C A DESIGNATED BOARD MEMBER IS RESPONSIBLE FOR MAINTAINING THE RECORD OF CONFIRMATIONS OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY BOARD MEMBERS; NO CONFLICTS OF INTEREST ARE REPORTED. THE RECORD OF CONFIRMATIONS OF COMPLIANCE BY CONSULTANTS IS MAINTAINED BY THE DIRECTOR OF FINANCE AND ADMINISTRATION; NO CONFLICTS ARE REPORTED. THE DIRECTOR OF FINANCE AND ADMINISTRATION IS RESPONSIBLE AND WILL IMPLEMENT A PROCESS FOR MAINTAINING THE RECORD OF COMPLIANCE BY SALARIED EMPLOYEES, INDEPENDENT CONTRACTORS, INTERNS AND VOLUNTEERS WHO HAVE REGULAR AND ONGOING RELATIONSHIPS WITH THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT OF THE BOARD OF DIRECTORS APPOINTS A COMPENSATION COMMITTEE COMPRISED OF EXECUTIVE COMMITTEE MEMBERS, INCLUDING THE PRESIDENT. THE COMPENSATION COMMITTEE MEETS INDEPENDENTLY TO DISCUSS THE EXECUTIVE DIRECTOR'S PERFORMANCE RELATIVE TO THE POSITION DESCRIPTION AND ESTABLISHED OBJECTIVES. ONCE A CONSENSUS IS REACHED RELATIVE TO PERFORMANCE, THE COMPENSATION COMMITTEE PRESENTS ITS FINDINGS AND RECOMMENDATIONS, IN AN EXECUTIVE SESSION WITHOUT THE EXECUTIVE DIRECTOR PRESENT, TO THE FULL EXECUTIVE COMMITTEE FOR ITS REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: DONATED BOOKS, PRINTS, MEDIA, COMPUTER HARDWARE AND WINE BOTTLES -7,844. FORM 990 PART III, LINE 2C NO CHANGES IN THE OVERSIGHT PROCESS OR SELECTION PROCESS FROM PRIOR YEAR.