NonprofitsLizzadro Museum Of Lapidary Arts

Arts, Culture & Humanities

Lizzadro Museum Of Lapidary Arts

OAK BROOK, IL

Total revenue

$827K

Total expenses

$595K

Net assets

$4.3M

Grants received

$58K

5 grants

EIN

362487600

Tax year

2024

Mission

The lizzadro museum of lapidary arts 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 the museum's art collection, which consists of gemstones, dioramas, jade carvings, and various rock, minerals, and fossil specimens.

Programs

2 programs

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.

Expenses: $230K

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.

Expenses: $12K

Financials

FY 2024

Revenue

Contributions & grants$512K
Program service revenue$116K
Investment income$37K
Other revenue$164K
Total revenue$827K

Expenses

Grants paid
Salaries & benefits$86K
Fundraising
Other expenses$509K
Total expenses$595K
Total assets$4.4M
Net assets$4.3M

People

14 listed

NameRoleCompensation

JOHN S LIZZADRO JR

VICE PRES AND DIRECTOR

Board

0.1 hrs/wk

JOHN S LIZZADRO SR

PRESIDENT AND DIRECTOR

Board

0.1 hrs/wk

LOUIS L LIZZADRO

TREASURER AND DIRECTOR

Board

0.1 hrs/wk

BONITA HAY

DIRECTOR

Board

0

CHARLES E ANDERSON

DIRECTOR

Board

0

DANIEL LIZZADRO-MCPHERSON

DIRECTOR

Board

0

DOROTHY ASHER

DIRECTOR

Board

0

GINA NICHOLAS

DIRECTOR

Board

0

JOHN NICHOLAS

DIRECTOR

Board

0

MARTIN HARE

DIRECTOR

Board

0

NICOLE L KELLEY

DIRECTOR

Board

0

WINONA ASHER

DIRECTOR

Board

0

Dr Kyle Brill

EXECUTIVE DIRECTOR

Board

0.1 hrs/wk

JOSEPH F LIZZADRO

SECRETARY

Board

0.1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$15K
ARTS, CULTURE
2020
$5K
For grant recipient's exempt purposes
2020
$10K
For grant recipient's exempt purposes
2019
$18K
For grant recipient's exempt purposes
2018
$10K
ARTS, CULTURE & HUMANITIES
2018

Funded by

$58K from 3 funders · 5 grants · 2018–2020

Fidelity Investments Charitable Gift Fund

$33K · 3 grants · 2018–2020

The Dupage Community Foundation

$15K · 1 grant · 2020

Details

EIN362487600
NTEE codeA50
Subsection03
Ruling date1964-05
Formed1961
Employees10
Volunteers0
LIZZADRO MUSEUM OF LAPIDARY ARTS — Mission, Financials & Grants Received | Grantivo