Mission
Floating Museum is an arts collective that creates new models exploring relationships between art, community, architecture, and public institutions.
Public Charity
Floating Museum NFP
Floating Museum NFP is a nonprofit organization categorized as Public Charity based in Chicago, IL. Its most recent IRS filing (2025) reports revenue of $2.5M, expenses of $1.3M, total assets of $4.4M. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $485K.
EIN: 813014324
Chicago, IL
Art Museums
NTEE: A51
Latest filing: 2025
Total Revenue$2.5M
Total Expenses$1.3M
Total Assets$4.4M
Grant Records8
Funding Total$485K
Filing Years2020–2025
Where $100 goes at Floating Museum NFP
How Floating Museum NFP divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$74
Programs
the work itself
$26
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $74 for programs
$74
Using site-responsive art, design, and programming the Organization explores the potential in these relationships, considering the infrastructure, history, and aesthetics of a space
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
General support for programs, operations and other charitable purposes
$15,500
HUMAN SERVICES
$250,000
General support for programs, operations and other charitable purposes
$129,250
To provide programming to build community cohesion through the Chicago Fund for Safe and Peaceful Communities. To provide programming to build community cohesion for the Chicago Fund for Safe and Peaceful Communities grantees. general operating support, from the Searle Funds at the Chicago Community Trust. In Support of efforts to bring economic security to Illinois families by expanding the Earned Income and Child Tax Credits. Grant made via fiscal sponsor Economic Security Project.
$10,000
To provide programming to build community cohesion through the Chicago Fund for Safe and Peaceful Communities. To provide programming to build community cohesion for the Chicago Fund for Safe and Peaceful Communities grantees. general operating support, from the Searle Funds at the Chicago Community Trust. In Support of efforts to bring economic security to Illinois families by expanding the Earned Income and Child Tax Credits. Grant made via fiscal sponsor Economic Security Project.
$10,000
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
Secretary
Andrew Schachman
Exec Dir/Pres
Faheem Majeed
Treasurer
Jeremiah Hulsebos Spofford
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.5M | $1.3M | $4.4M |
| 2024 | $1.1M | $1.1M | $3.2M |
| 2023 | $3.0M | $446K | $3.0M |
| 2022 | $468K | $220K | $529K |
| 2020 | $118K | $47K | $78K |
Between 2020 and 2025, reported annual revenue grew from $118K to $2.5M (+2067%), with total assets most recently reported at $4.4M.
Interactive year-over-year charts and full filing details available with membership.