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Morrison Shearer Foundation

  • Chicago, IL
  • Tax-exempt since Jan. 1992
  • EIN: 36-3783438

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Arts, Culture, and Humanities N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
−$500k (2023)

Expenses
$695k (2023)

Total Assets
$4.51M (2023)

Total Liabilities
$12 (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$499,893
Expenses
$694,933
Net Income
-$1,194,826
Net Assets
$4,513,000
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,225
Interest Revenue $566
Dividends $97,315
Sales of Assets -$601,550
Other Income $1,551
Notable Expenses Percent of Total Expenses
Charitable Disbursements $613,748
88.3%
Compensation of Officers* $58,895
8.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,513,012
Total Liabilities $12
Net Assets $4,513,000
Compensation
Key Employees and Officers Compensation Other
Scott Lundius (Executive Director) $58,895 $0
Tain Balfour (Trustee Part Time) $0 $0
Susan Bodine Bolea (Trustee Part Time) $0 $0
Toby Nicholson (Trustee Part Time) $0 $0
Sarah Rigdon (Trustee Part Time) $0 $0
Alida Szabo (President) $0 $0
Mary Sue Wheeler (Secretary Part Time) $0 $0
Shayne Bullen (Vice President Part Time) $0 $0
Liz Kidera (Trustee Part Time) $0 $0
Christopher Rutt (Trustee Part Time) $0 $0
Brian M Schaeffer (Treasurer Part Time) $0 $0
+ View more people

Document Links

990-PF
Filed on Oct. 23, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$225,996
Expenses
$233,331
Net Income
-$7,335
Net Assets
$5,308,609
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,548
0.7%
Interest Revenue $70
0.0%
Dividends $134,278
59.4%
Sales of Assets $23,324
10.3%
Other Income $66,776
29.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $159,921
68.5%
Compensation of Officers* $58,825
25.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,318,874
Total Liabilities $1,010,265
Net Assets $5,308,609
Compensation
Key Employees and Officers Compensation Other
Scott Lundius (Executive Director) $58,825 $0
Tain Balfour (Trustee Part Time) $0 $0
Susan Bodine Bolea (Trustee Part Time) $0 $0
Toby Nicholson (Trustee Part Time) $0 $0
Sarah Rigdon (Trustee Part Time) $0 $0
Alida Szabo (President) $0 $0
Mary Sue Wheeler (Secretary Part Time) $0 $0
Shayne Bullen (Vice President Part Time) $0 $0
Liz Kidera (Trustee Part Time) $0 $0
Christopher Rutt (Trustee Part Time) $0 $0
Brian M Schaeffer (Treasurer Part Time) $0 $0
+ View more people

Document Links

990-PF
Filed on Aug. 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$384,897
Expenses
$1,199,762
Net Income
-$814,865
Net Assets
$6,452,850
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $845
0.2%
Interest Revenue $1
0.0%
Dividends $168,416
43.8%
Sales of Assets $214,690
55.8%
Other Income $945
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,182,654
98.6%
Compensation of Officers* $29,167
2.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,463,772
Total Liabilities $1,010,922
Net Assets $6,452,850
Compensation
Key Employees and Officers Compensation Other
Scott Lundius (Executive Director) $29,167 $0
Tain Balfour (Trustee Part Time) $0 $0
Susan Bodine Bolea (Trustee Part Time) $0 $0
Toby Nicholson (Director Part Time) $0 $0
Sarah Rigdon (Trustee Part Time) $0 $0
Alida Szabo (President) $0 $0
Mary Sue Wheeler (Secretary Part Time) $0 $0
Shayne Bullen (Vice President Part Time) $0 $0
Liz Kidera (Trustee Part Time) $0 $0
Christopher Rutt (Trustee Part Time) $0 $0
Brian M Schaeffer (Treasurer Part Time) $0 $0
+ View more people

Document Links

990-PF
Filed on Aug. 2, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$75,518
Expenses
$696,640
Net Income
-$621,122
Net Assets
$6,987,610
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,950
5.2%
Interest Revenue $7
0.0%
Dividends $95,611
> 100%
Sales of Assets $0
Other Income $148
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $659,517
94.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,987,611
Total Liabilities $1
Net Assets $6,987,610
Compensation
Key Employees and Officers Compensation Other
Tain Balfour (Trustee Part Time) $0 $0
Susan Bodine Bolea (Trustee Part Time) $0 $0
Toby Nicholson (Director Part Time) $0 $0
Sarah Rigdon (Trustee Part Time) $0 $0
Alida Szabo (President) $0 $0
Mary Sue Wheeler (Secretary Part Time) $0 $0
Shayne Bullen (Vice President Part Time) $0 $0
Liz Kidera (Trustee Part Time) $0 $0
Christopher Rutt (Trustee Part Time) $0 $0
Brian M Schaeffer (Treasurer Part Time) $0 $0
+ View more people

Document Links

990-PF
Filed on Sept. 1, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$144,861
Expenses
$229,970
Net Income
-$85,109
Net Assets
$7,249,283
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,050
0.7%
Interest Revenue $9
0.0%
Dividends $126,866
87.6%
Sales of Assets $16,774
11.6%
Other Income $162
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $184,587
80.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,249,284
Total Liabilities $1
Net Assets $7,249,283
Compensation
Key Employees and Officers Compensation Other
Tain Balfour (Trustee Part Time) $0 $0
Susan Bodine Bolea (Trustee Part Time) $0 $0
Carol Doty (Chair Part Time) $0 $0
Toby Nicholson (Director Part Time) $0 $0
Sarah Rigdon (Trustee Part Time) $0 $0
Alida Szabo (Trustee Part Time) $0 $0
Mary Sue Wheeler (Secretary Part Time) $0 $0
Shayne Bullen (Trustee Part Time) $0 $0
Liz Kidera (Trustee Part Time) $0 $0
Christopher Rutt (Trustee Part Time) $0 $0
Brian M Schaeffer (Trustee Part Time) $0 $0
+ View more people

Document Links

990-PF
Filed on June 15, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$189,427
Expenses
$219,162
Net Income
-$29,735
Net Assets
$7,263,011
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,610
0.8%
Interest Revenue $0
Dividends $109,524
57.8%
Sales of Assets $77,431
40.9%
Other Income $862
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $197,693
90.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,263,011
Total Liabilities $0
Net Assets $7,263,011
Compensation
Key Employees and Officers Compensation Other
Tain Balfour (Trustee Part Time) $0 $0
Susan Bodine Bolea (Trustee Part Time) $0 $0
Carol Doty (Chair Part Time) $0 $0
Toby Nicholson (Director Part Time) $0 $0
Sarah Rigdon (Trustee Part Time) $0 $0
Alida Szabo (Trustee Part Time) $0 $0
Mary Sue Wheeler (Secretary Part Time) $0 $0
Shayne Bullen (Trustee Part Time) $0 $0
Liz Kidera (Trustee Part Time) $0 $0
Christopher Rutt (Trustee Part Time) $0 $0
Brian M Schaeffer (Trustee Part Time) $0 $0
+ View more people

Document Links

990-PF
Filed on June 29, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$182,381
Expenses
$200,608
Net Income
-$18,227
Net Assets
$6,754,052
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,275
0.7%
Interest Revenue $0
Dividends $103,276
56.6%
Sales of Assets $77,442
42.5%
Other Income $388
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $176,746
88.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,754,052
Total Liabilities $0
Net Assets $6,754,052
Compensation
Key Employees and Officers Compensation Other
Tain Balfour (Trustee Part Time) $0 $0
Susan Bodine Bolea (Trustee Part Time) $0 $0
Carol Doty (Chair Part Time) $0 $0
John Macdonald (Treasurer Part Time) $0 $0
Toby Nicholson (Director Part Time) $0 $0
Sarah Rigdon (Trustee Part Time) $0 $0
Alida Szabo (Trustee Part Time) $0 $0
Mary Sue Wheeler (Secretary Part Time) $0 $0
+ View more people

Document Links

990-PF
Filed on Aug. 29, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$289,051
Expenses
$194,759
Net Income
$94,292
Net Assets
$6,793,230
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,745
0.6%
Interest Revenue $0
Dividends $83,604
28.9%
Sales of Assets $202,684
70.1%
Other Income $1,018
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $170,791
87.7%
Compensation of Officers* $1,200
0.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,793,230
Total Liabilities $0
Net Assets $6,793,230

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$360,138
Expenses
$305,991
Net Income
$54,147
Net Assets
$6,905,020
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $7,040
2.0%
Interest Revenue $0
Dividends $124,228
34.5%
Sales of Assets $227,960
63.3%
Other Income $910
0.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $281,506
92.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,905,020
Total Liabilities $0
Net Assets $6,905,020

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$227,099
Expenses
$198,025
Net Income
$29,074
Net Assets
$6,371,146
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,076
0.5%
Interest Revenue $0
Dividends $126,279
55.6%
Sales of Assets $98,042
43.2%
Other Income $1,702
0.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $176,969
89.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,371,146
Total Liabilities $0
Net Assets $6,371,146
Compensation
Key Employees and Officers Compensation Other
Tain Balfour (Trustee Part Time) $0 $0
Susan Bodine Bolea (Trustee Part Time) $0 $0
Carol Doty (Chair Part Time) $0 $0
John Macdonald (Vice President Part Time) $0 $0
Toby Nicholson (Trustee Part Time) $0 $0
Sarah Rigdon (Trustee Part Time) $0 $0
Alida Szabo (Trustee Part Time) $0 $0
Mary Sue Wheeler (Secretary Part Time) $0 $0
+ View more people

Document Links

990-PF
Filed on Aug. 14, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$181,265
Expenses
$230,483
Net Income
-$49,218
Net Assets
$5,902,279
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,236
1.2%
Interest Revenue $0
Dividends $107,632
59.4%
Sales of Assets $65,238
36.0%
Other Income $6,159
3.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $207,918
90.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,902,279
Total Liabilities $0
Net Assets $5,902,279

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$236,783
Expenses
$153,055
Net Income
$83,728
Net Assets
$5,710,847
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $87
0.0%
Interest Revenue $0
Dividends $135,830
57.4%
Sales of Assets $100,794
42.6%
Other Income $72
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $135,440
88.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,710,847
Total Liabilities $0
Net Assets $5,710,847

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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