COLUMBIA COLLEGE CHICAGO Charity Report

Public IRS 990 nonprofit record

COLUMBIA COLLEGE CHICAGO

EIN 36-6112087 · Undergraduate Colleges (B42)

What they do

THE ORGANIZATIONS MISSION is to EDUCATE STUDENTS for CREATIVE OCCUPATIONS IN DIVERSE FIELDS of ARTS and MEDIA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders37 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

74.42%of revenue went to mission work81.7% of expenses · Program services

0.56%of revenue went to fundraising0.6% of expenses

$91.11spent for every $100 of revenueRevenue covered expenses this year.

16.13%of revenue went to management and office costs17.7% of expenses

$1.76in assets for every $1 spent this yearSome assets cannot be spent right away.

1.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,097,633 for KWANG-WU KIM (FORMER PRESIDENT/CEO, FORMER TRUSTEE, EX-OFFICIO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$267,562,634

Mission workProgram services$199,119,86074.42% of revenue81.7% of expenses

ManagementOffice and general costs$43,155,50816.13% of revenue17.7% of expenses

FundraisingAsking for donations$1,497,9850.56% of revenue0.6% of expenses

Revenue left after expensesReported annual surplus$23,789,2818.89% of revenueShown in gray on the chart

Total expenses$243,773,35391.11% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 81.7% mission · 17.7% management · 0.6% fundraisingTotal expenses: 91.11% of revenue

2023Expense mix: 83.1% mission · 16.1% management · 0.8% fundraisingTotal expenses: 107.80% of revenue

2022Expense mix: 83.1% mission · 16.1% management · 0.8% fundraisingTotal expenses: 111.70% of revenue

2021Expense mix: 81.5% mission · 17.7% management · 0.7% fundraisingTotal expenses: 112.88% of revenue

2020Expense mix: 82.4% mission · 16.7% management · 0.8% fundraisingTotal expenses: 112.22% of revenue

2019Expense mix: 82.1% mission · 17.0% management · 0.9% fundraisingTotal expenses: 102.93% of revenue

2018Expense mix: 80.3% mission · 18.6% management · 1.1% fundraisingTotal expenses: 99.38% of revenue

2017Expense mix: 79.4% mission · 19.7% management · 0.9% fundraisingTotal expenses: 89.52% of revenue

Money in and money out

Revenue$267,562,634

Expenses$243,773,353

Annual surplus $23,789,281 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$199,119,860 · 81.7% of expenses

Management and office costs$43,155,508 · 17.7% of expenses

Fundraising$1,497,985 · 0.6% of expenses

See all reported dollar amounts

Revenue$267,562,634

Expenses$243,773,353

Assets$429,749,359

Income$342,394,843

Contributions$4,788,262

Mission work (program services)$199,119,860

Fundraising$1,497,985

Grants given$212,852

Average grant$7,883

Management and general$43,155,508

Stocks and bonds$94,906,352

Accounting fees$261,566

Investing fees$3,294,141

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KWANG-WU KIMFORMER PRESIDENT/CEO, FORMER TRUSTEE, EX-OFFICIO $1,097,633Base $990,588 · Other $107,045

JERRY TARRERINTERIM PRESIDENT-PARTIAL YEAR; COO · 40 hrs/week $484,201Base $411,500 · Other $72,701

MARCELLA DAVIDSENIOR VP AND PROVOST-PARTIAL YEAR · 40 hrs/week $405,958Base $358,519 · Other $47,439

KATHIE KOCHAVP AND CHIEF INFORMATION OFFICER · 40 hrs/week $328,539Base $272,604 · Other $55,935

LAURENT PERNOTCHIEF OF STAFF · 40 hrs/week $317,541Base $248,315 · Other $69,226

PATRICIA BERGESONVP OF LEGAL AFFAIRS & GENERAL COUNSEL-PARTIAL YEAR · 40 hrs/week $281,818Base $240,560 · Other $41,258

SHARON WILSON TAYLORVP OF STUDENT AFFAIRS · 40 hrs/week $280,302Base $228,060 · Other $52,242

ANN KALAYILAVP FACILITIES/CONSTRUCTION · 40 hrs/week $275,970Base $234,368 · Other $41,602

STEVEN COREYDEAN OF LIBERAL ARTS SCHOOL (LAS) · 40 hrs/week $269,514Base $209,734 · Other $59,780

TERENCE SMITHSPECIAL COUNSEL LABOR RELATIONS-PARTIAL YEAR · 40 hrs/week $265,020Base $239,250 · Other $25,770

SUZANNE MCBRIDESENIOR VP INTERIM PROVOST-PARTIAL YEAR · 40 hrs/week $256,888Base $199,699 · Other $57,189

PATRICIA OLALDEAVP, HUMAN RESOURCES · 40 hrs/week $246,243Base $208,433 · Other $37,810

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (37)

KWANG-WU KIMFORMER PRESIDENT/CEO, FORMER TRUSTEE, EX-OFFICIO

JERRY TARRERINTERIM PRESIDENT-PARTIAL YEAR; COO

MARCELLA DAVIDSENIOR VP AND PROVOST-PARTIAL YEAR

KATHIE KOCHAVP AND CHIEF INFORMATION OFFICER

LAURENT PERNOTCHIEF OF STAFF

PATRICIA BERGESONVP OF LEGAL AFFAIRS & GENERAL COUNSEL-PARTIAL YEAR

SHARON WILSON TAYLORVP OF STUDENT AFFAIRS

ANN KALAYILAVP FACILITIES/CONSTRUCTION

STEVEN COREYDEAN OF LIBERAL ARTS SCHOOL (LAS)

TERENCE SMITHSPECIAL COUNSEL LABOR RELATIONS-PARTIAL YEAR

SUZANNE MCBRIDESENIOR VP INTERIM PROVOST-PARTIAL YEAR

PATRICIA OLALDEAVP, HUMAN RESOURCES

ROSITA SANDSFORMER DEAN / SPECIAL ADVISOR DEI

DEREK BRINKLEYAVP, ENROLLMENT MANAGMENT-PARTIAL YEAR

RICHARD POULTONTRUSTEE

WILLIAM WOLFTRUSTEE

ROBERT A WISLOWTRUSTEE

RICH NANDATRUSTEE

ROBERT J BUFORDTRUSTEE

SHANTAY BOLTONPRESIDENT AND CEO, TRUSTEE, EX-OFFICIO-PARTIAL YEA

STACI R COLLINS JACKSONTRUSTEE

SUSAN V DOWNINGTRUSTEE-PARTIAL YEAR

ANDREAS WALDBURG-WOLFEGGTRUSTEE

PETER PACE JRTRUSTEE

PAUL GARNESTRUSTEE

PAUL BROUCEKTRUSTEE

MELISSA DALRYMPLETRUSTEE

LEN AMATOTRUSTEE

KAREN JONESTRUSTEE, EX-OFFICIO

JOHN R GEHRONTRUSTEE-PARTIAL YEAR

JOHN MCLAIN HOLMESCHAIRMAN OF THE BOARD

IMAD I QASIMTRUSTEE

HUGH C WILLIAMSVICE CHAIR

BARRY M SABLOFFSECRETARY

AVERILL LEVITONTRUSTEE

ARLEN RUBINTRUSTEE

ARJUN AGGARWALTRUSTEE

About this charity

Recognized since: January 1943
Location: 600 South Michigan Ave, Chicago, IL 60605
County: Cook
In care of: Matt Jaehrling
Primary officer: Matt Jaehrling, Associate VP Controller & Treasurer

How to reach them

WebsiteVisit the charity’s website Phone(312) 369-7162

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: CROWE LLP
NTEE classification: Undergraduate Colleges (B42)
IRS tax category: Undergraduate Colleges
Grant-giving organization: Yes