MUSEUM OF CONTEMPORARY ART: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MUSEUM OF CONTEMPORARY ART (EIN 36-6154098)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-02-27
IRS object ID
202540589349300029
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-02-27T17:59:03-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line130 SOUTH WACKER DR SUITE 3300AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP606063392ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN366154098EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MUSEUM OF CONTEMPORARY ARTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMUSEBusinessNameControlTxt
Phone3123973808PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1220 EAST CHICAGO AVENUEAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWES MORANPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone3123973808PhoneNum
Signature2025-02-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonREBEKUH ELEYPreparerPersonNm
PTINP01247672PTIN
Phone3126343400PhoneNum
Preparation2025-02-25PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWES MORANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1220 EAST CHICAGO AVENUEAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$169,110,036GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MCACHICAGO.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1964FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionENHANCE APPRECIATION OF CONTEMPORARY ART THROUGH EDUCATION, PROGRAMMING AND EXHIBITIONS.ActivityOrMissionDesc
Voting Members Governing Body65VotingMembersGoverningBodyCnt
Voting Members Independent64VotingMembersIndependentCnt
Total Employee217TotalEmployeeCnt
Total Volunteers80TotalVolunteersCnt
Total Gross UBI$93,620TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$14,985,788PYContributionsGrantsAmt
CY Contributions Grants$11,374,119CYContributionsGrantsAmt
PY Program Service Revenue$1,747,246PYProgramServiceRevenueAmt
CY Program Service Revenue$1,677,253CYProgramServiceRevenueAmt
PY Investment Income$932,482PYInvestmentIncomeAmt
CY Investment Income$2,304,464CYInvestmentIncomeAmt
PY Other Revenue$1,562,531PYOtherRevenueAmt
CY Other Revenue$1,942,729CYOtherRevenueAmt
PY Total Revenue$19,228,047PYTotalRevenueAmt
CY Total Revenue$17,298,565CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$13,853,422PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$15,410,743CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$264,873PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$619,568CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$5,446,035CYTotalFundraisingExpenseAmt
PY Other Expenses$18,713,055PYOtherExpensesAmt
CY Other Expenses$21,673,812CYOtherExpensesAmt
PY Total Expenses$32,831,350PYTotalExpensesAmt
CY Total Expenses$37,704,123CYTotalExpensesAmt
PY Revenues Less Expenses-$13,603,303PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$20,405,558CYRevenuesLessExpensesAmt
Total Assets BOY$214,493,199TotalAssetsBOYAmt
Total Assets EOY$210,445,908TotalAssetsEOYAmt
Total Liabilities BOY$39,569,964TotalLiabilitiesBOYAmt
Total Liabilities EOY$39,774,996TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$174,923,235NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$170,670,912NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MCA IS AN INNOVATIVE AND COMPELLING CENTER OF CONTEMPORARY ART WHERE THE PUBLIC CAN DIRECTLY EXPERIENCE THE WORK AND IDEAS OF LIVING ARTISTS, AND UNDERSTAND THE HISTORICAL, SOCIAL AND CULTURAL CONTEXT OF THE ART OF OUR TIME. THE MUSEUM BOLDLY INTERWEAVES EXHIBITIONS, PERFORMANCES, COLLECTIONS, AND EDUCATIONAL PROGRAMS TO EXCITE, CHALLENGE, AND ILLUMINATE OUR VISITORS AND TO PROVIDE INSIGHT INTO THE CREATIVE PROCESS. THE MCA ASPIRES TO ENGAGE A BROAD AND DIVERSE AUDIENCE, CREATE A SENSE OF COMMUNITY AND BE A PLACE FOR CONTEMPLATION, STIMULATION, AND DISCUSSION ABOUT CONTEMPORARY ART AND CULTURE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$22,047,966ExpenseAmt
Revenue$2,969,989RevenueAmt
DescEXHIBITIONS: MCA EXHIBITIONS SEEK TO INTRODUCE AUDIENCES TO THE MOST IMPORTANT ART AND ARTISTS OF OUR TIME. EXHIBITIONS ARE DESIGNED TO EXCITE, CHALLENGE, AND ILLUMINATE OUR VISITORS, EXPLORE CURRENT CRITICAL ISSUES, ENCOURAGE CRITICAL THINKING, AND TO PROVIDE THEM WITH INSIGHT INTO THE CREATIVE PROCESS. IN THE FY24 FISCAL YEAR THE MUSEUM WELCOMED 207,047 ACROSS ALL ITS OFFERINGS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$2,974,368ExpenseAmt
Revenue$73,513RevenueAmt
DescPERFORMANCE: THE MCA PRESENTS CUTTING-EDGE DANCE, THEATER, MUSIC, AS WELL AS PERFORMANCES THAT CROSS AND COMBINE GENRES. ARTISTS ARE IN ALL STAGES OF THEIR CAREERS, AND LOCAL, NATIONAL, AND INTERNATIONAL. THESE INCLUDE POPULAR SERIES LIKE OUR TUESDAYS ON THE TERRACE, ON STAGE, AND CHICAGO PERFORMS. OVER 10,000 PEOPLE ATTENDED THESE EVENTS, A NUMBER OF WHICH WERE FREE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$1,941,464ExpenseAmt
DescEDUCATION AND PUBLIC PROGRAMS: THE MCA'S EDUCATION AND PUBLIC PROGRAMMING DEPARTMENT PRODUCE NUMEROUS PROGRAMS THAT BENEFIT COMMUNITY MEMBERS OF ALL AGES AND BACKGROUNDS. OUR PROGRAMS SEEK TO CREATE A CONTINUUM OF LIFELONG LEARNING, WITH AN EMPHASIS ON SCHOOL AGE CHILDREN THROUGH OUR FREE FAMILY DAY PROGRAMS, TEACHER PROGRAMS, SCHOOL TOURS, AND PARTNERSHIPS WITH SPECIFIC SCHOOLS. MOST OF THESE PROGRAMS ARE FREE. OVER 8,000 PEOPLE HAVE BEEN WELCOMED TO THESE PROGRAMS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$26,963,798TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document300IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee217EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members65GoverningBodyVotingMembersCnt
Independent Voting Member64IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WES MORANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3123973808PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1220 EAST CHICAGO AVENUEAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (79 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MADELEINE GRYNSZTEJN
PRITZKER DIRECTOR40.000.00Yes (X)Yes (X)$855,838$0$33,408
CARI B SACKS
BOARD CHAIR AND TRUSTEE10.000.00Yes (X)Yes (X)$0$0$0
ELLEN-BLAIR CHUBE
VICE CHAIR AND TRUSTEE5.000.00Yes (X)Yes (X)$0$0$0
NICKOL R HACKETT
VICE CHAIR AND TRUSTEE5.000.00Yes (X)Yes (X)$0$0$0
LESLIE BLUHM
SECRETARY AND TRUSTEE5.000.00Yes (X)Yes (X)$0$0$0
MICHAEL CANMANN
TREASURER AND TRUSTEE5.000.00Yes (X)Yes (X)$0$0$0
SARA ALBRECHT
TRUSTEE2.000.00Yes (X)$0$0$0
MICHAEL ALPER
TRUSTEE2.000.00Yes (X)$0$0$0
PETER J BARACK
TRUSTEE2.000.00Yes (X)$0$0$0
JULIE BERNSTEIN
TRUSTEE (UNTIL 06/24)2.000.00Yes (X)$0$0$0
MARLENE BRESLOW-BLITSTEIN
TRUSTEE2.000.00Yes (X)$0$0$0
MARC BROOKS
TRUSTEE2.000.00Yes (X)$0$0$0
ROBERT BUFORD
TRUSTEE2.000.00Yes (X)$0$0$0
CAROL COHEN
TRUSTEE2.000.00Yes (X)$0$0$0
TARRAH COOPER WRIGHT
TRUSTEE2.000.00Yes (X)$0$0$0
NANCY CROWN
TRUSTEE2.000.00Yes (X)$0$0$0
DIMITRIS DASKALOPOULOS
TRUSTEE2.000.00Yes (X)$0$0$0
LAURA DAVIS
TRUSTEE2.000.00Yes (X)$0$0$0
ROBERT H DEFARES
TRUSTEE2.000.00Yes (X)$0$0$0
LISA DUARTE
TRUSTEE2.000.00Yes (X)$0$0$0
CHERYL S DURST
TRUSTEE2.000.00Yes (X)$0$0$0
LOIS EISEN
TRUSTEE2.000.00Yes (X)$0$0$0
DR JULIUS FEW
TRUSTEE (UNTIL 02/24)2.000.00Yes (X)$0$0$0
LARRY FIELDS
TRUSTEE2.000.00Yes (X)$0$0$0
NICHOLAS GIAMPIETRO
TRUSTEE2.000.00Yes (X)$0$0$0
RACHEL GRUND
TRUSTEE2.000.00Yes (X)$0$0$0
JACK GUTHMAN
TRUSTEE2.000.00Yes (X)$0$0$0
JOHN B HARRIS
TRUSTEE2.000.00Yes (X)$0$0$0
KING HARRIS
TRUSTEE2.000.00Yes (X)$0$0$0
JANAINA HEES
TRUSTEE2.000.00Yes (X)$0$0$0
CYNTHIA HUNT
TRUSTEE2.000.00Yes (X)$0$0$0
ANNE L KAPLAN
TRUSTEE2.000.00Yes (X)$0$0$0
GUY LAKONISHOK
TRUSTEE2.000.00Yes (X)$0$0$0
LIZ LEFKOFSKY
TRUSTEE2.000.00Yes (X)$0$0$0
JONATHAN LEVIN
TRUSTEE2.000.00Yes (X)$0$0$0
RON LEVIN
TRUSTEE2.000.00Yes (X)$0$0$0
JAMES H LITINSKY
TRUSTEE2.000.00Yes (X)$0$0$0
MARQUIS D MILLER
TRUSTEE2.000.00Yes (X)$0$0$0
CARRIES REYES MURPHY
TRUSTEE2.000.00Yes (X)$0$0$0
MARTIN NESBITT
TRUSTEE2.000.00Yes (X)$0$0$0
ASHLEY HEMPHILL NETZKY
TRUSTEE (UNTIL 06/24)2.000.00Yes (X)$0$0$0
MICHAEL O'GRADY
TRUSTEE2.000.00Yes (X)$0$0$0
JAY OWEN JR
TRUSTEE (UNTIL 06/24)2.000.00Yes (X)$0$0$0
CAROL PRINS
TRUSTEE2.000.00Yes (X)$0$0$0
NATHANIEL ROBINSON
TRUSTEE2.000.00Yes (X)$0$0$0
EVE ROGERS
TRUSTEE2.000.00Yes (X)$0$0$0
JOSHUA ROGERS
TRUSTEE2.000.00Yes (X)$0$0$0
ILAN SHALIT
TRUSTEE2.000.00Yes (X)$0$0$0
WILLIAM SILVERSTEIN
TRUSTEE2.000.00Yes (X)$0$0$0
SARA SZOLD
TRUSTEE2.000.00Yes (X)$0$0$0
ROBIN LOEWENBERG TEBBE
TRUSTEE2.000.00Yes (X)$0$0$0
NIGEL F TELMAN
TRUSTEE2.000.00Yes (X)$0$0$0
DIA S WEIL
TRUSTEE2.000.00Yes (X)$0$0$0
PEDRO WEISS
TRUSTEE (UNTIL 06/24)2.000.00Yes (X)$0$0$0
I JOYCE YAUNG
TRUSTEE2.000.00Yes (X)$0$0$0
DANIEL YIH
TRUSTEE2.000.00Yes (X)$0$0$0
HELEN ZELL
TRUSTEE2.000.00Yes (X)$0$0$0
JOHN D CARTLAND
LIFE TRUSTEE2.000.00Yes (X)$0$0$0
MARSHALL FRONT
LIFE TRUSTEE2.000.00Yes (X)$0$0$0
HELYN D GOLDENBERG
LIFE TRUSTEE2.000.00Yes (X)$0$0$0
JAMES A GORDON
LIFE TRUSTEE2.000.00Yes (X)$0$0$0
MARY ITTELSON
LIFE TRUSTEE2.000.00Yes (X)$0$0$0
DON KAUL
LIFE TRUSTEE2.000.00Yes (X)$0$0$0
SALLY MEYERS KOVLER
LIFE TRUSTEE2.000.00Yes (X)$0$0$0
GAEL NEESON
LIFE TRUSTEE2.000.00Yes (X)$0$0$0
PENNY PRITZKER
LIFE TRUSTEE2.000.00Yes (X)$0$0$0
DORIE STERNBERG
LIFE TRUSTEE2.000.00Yes (X)$0$0$0
DARYL GERBER STOKOLS
LIFE TRUSTEE2.000.00Yes (X)$0$0$0
MARJORIE SUSMAN
LIFE TRUSTEE2.000.00Yes (X)$0$0$0
ALLEN M TURNER
LIFE TRUSTEE2.000.00Yes (X)$0$0$0
GWENDOLYN PERRY DAVIS
DEPUTY DIRECTOR & COO40.000.00Yes (X)$383,485$0$29,113
LAURA HERRERA
CHIEF COMM. OFFICER (UNTIL 01/24)40.000.00Yes (X)$247,511$0$30,771
WES MORAN
CFO40.000.00Yes (X)$137,303$0$12,837
RENE MORALES
CHIEF CURATOR (UNTIL 04/24)40.000.00$267,738$0$27,235Yes (X)
JOSHUA MANN
SR. DIRECTOR OF PEOPLE AND CULTURE40.000.00$213,607$0$29,791Yes (X)
MOLLIE ALEXANDER
CHIEF DEVELOPMENT OFFICER40.000.00$196,515$0$15,449Yes (X)
GINA CROWLEY
SR. DIRECTOR OF AUDIENCE EXPERIENCE40.000.00$178,408$0$14,550Yes (X)
CLAIRE RUUD
DIRECTOR OF CURATORIAL AFFAIRS40.000.00$176,294$0$12,886Yes (X)
LISA KEY
FORMER CHIEF INSTNL ADV OFFICER40.000.00$165,940$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,822,639TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$206,040TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K28IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SECURITAS SECURITY USA INC
12672 COLLECTIONS CENTER DRIVECHICAGOIL60693SECURITY SERVICES$2,486,237
CHICAGO MANAGEMENT PERSONNEL SERVICES I
430 N MICHIGAN AVENUE SUITE 200CHICAGOIL60611JANITORIAL/HOUSEKEEPING SERVICES$1,512,772
US ART COMPANY INC
78 PACELLA PARK DRIVERANDOLPHMA02368ART STORAGE/TRANSPORT$1,306,137
DONALD A CAMPBELL & COMPANY INC
1 EAST WACKER DRIVE SUITE 2100CHICAGOIL60601CONSULTING$619,568
CULINAIRE INTERNATIONAL INC
8303 ELMBROOK DRIVEDALLASTX75247CATERING SERVICES$583,610
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K28CntrctRcvdGreaterThan100KCnt
Membership Dues$445,486MembershipDuesAmt
Fundraising$2,265,257FundraisingAmt
Government Grants$2,610,763GovernmentGrantsAmt
All Other Contributions$6,052,613AllOtherContributionsAmt
Noncash Contributions$439,241NoncashContributionsAmt
Total Contributions$11,374,119TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMISSIONS712110$1,430,222$1,430,222
EXHIBITIONS712110$173,518$173,518
PERFORMANCE712110$73,513$73,513
FieldValueIRS element (for citing)
Total Program Service Revenue$1,677,253TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,781,631TotalRevenueColumnAmt
Exclusion$1,781,631ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$776,622RealAmt
Personal$71,137PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$563,956RealAmt
Personal$0PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$212,666RealAmt
Personal$71,137PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$283,803TotalRevenueColumnAmt
Unrelated Business Revenue$71,137UnrelatedBusinessRevenueAmt
Exclusion$212,666ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$148,882,660SecuritiesAmt
Other$30,400OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$147,880,068SecuritiesAmt
Other$510,159OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,002,592SecuritiesAmt
Other-$479,759OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$522,833TotalRevenueColumnAmt
Exclusion$522,833ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$239,564FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$2,265,257ContriRptFundraisingEventAmt
Fundraising Direct Expenses$1,390,206FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,150,642TotalRevenueColumnAmt
Exclusion-$1,150,642ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$2,867,185GrossSalesOfInventoryAmt
Cost Of Goods Sold$1,467,082CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,400,103TotalRevenueColumnAmt
Related Or Exempt Func Income$1,366,249RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$33,854UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
REAL ESTATE LIMITED PARTNERSHIP I900099$952,648$952,648
PARKING GARAGE712110$234,576$234,576
FOOD SERVICE712110$231,757$231,757

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column-$9,516TotalRevenueColumnAmt
Unrelated Business Revenue-$11,371UnrelatedBusinessRevenueAmt
Exclusion$1,855ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,409,465OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,298,565TotalRevenueColumnAmt
Related Or Exempt Func Income$3,043,502RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$93,620UnrelatedBusinessRevenueAmt
Exclusion$2,787,324ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,589,023TotalAmt
Program Services$1,119,565ProgramServicesAmt
Management And General$235,133ManagementAndGeneralAmt
Fundraising$234,325FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$11,559,610TotalAmt
Program Services$8,056,837ProgramServicesAmt
Management And General$1,754,403ManagementAndGeneralAmt
Fundraising$1,748,370FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$329,464TotalAmt
Program Services$232,128ProgramServicesAmt
Management And General$48,752ManagementAndGeneralAmt
Fundraising$48,584FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,033,652TotalAmt
Program Services$728,272ProgramServicesAmt
Management And General$152,953ManagementAndGeneralAmt
Fundraising$152,427FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$898,994TotalAmt
Program Services$633,397ProgramServicesAmt
Management And General$133,027ManagementAndGeneralAmt
Fundraising$132,570FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$186,314TotalAmt
Management And General$186,314ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$95,767TotalAmt
Management And General$95,767ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$619,568TotalAmt
Fundraising$619,568FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$595,175TotalAmt
Management And General$595,175ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$7,380,001TotalAmt
Program Services$5,496,341ProgramServicesAmt
Management And General$814,456ManagementAndGeneralAmt
Fundraising$1,069,204FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$647,397TotalAmt
Program Services$452,151ProgramServicesAmt
Management And General$68,414ManagementAndGeneralAmt
Fundraising$126,832FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,180,977TotalAmt
Program Services$909,641ProgramServicesAmt
Management And General$134,202ManagementAndGeneralAmt
Fundraising$137,134FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,143,200TotalAmt
Program Services$885,556ProgramServicesAmt
Management And General$127,430ManagementAndGeneralAmt
Fundraising$130,214FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$21,514TotalAmt
Program Services$16,665ProgramServicesAmt
Management And General$2,398ManagementAndGeneralAmt
Fundraising$2,451FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,595,404TotalAmt
Program Services$1,235,657ProgramServicesAmt
Management And General$177,930ManagementAndGeneralAmt
Fundraising$181,817FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$529,703TotalAmt
Program Services$382,092ProgramServicesAmt
Management And General$73,008ManagementAndGeneralAmt
Fundraising$74,603FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$626,303TotalAmt
Program Services$485,152ProgramServicesAmt
Management And General$69,813ManagementAndGeneralAmt
Fundraising$71,338FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,089,842TotalAmt
Program Services$821,269ProgramServicesAmt
Management And General$136,269ManagementAndGeneralAmt
Fundraising$132,304FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,830,405TotalAmt
Program Services$2,316,027ProgramServicesAmt
Management And General$260,987ManagementAndGeneralAmt
Fundraising$253,391FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$343,416TotalAmt
Program Services$196,088ProgramServicesAmt
Management And General$50,068ManagementAndGeneralAmt
Fundraising$97,260FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
ART ACQUISITIONS$1,782,400$1,782,400
COLLECTION SHIPPING & C$1,401,069$1,046,948$153,115$201,006
STORAGE AND CONSERVATIO$222,294$166,109$24,293$31,892

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,631TotalAmt
Program Services$1,503ProgramServicesAmt
Management And General$383ManagementAndGeneralAmt
Fundraising$745FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$37,704,123TotalAmt
Program Services$26,963,798ProgramServicesAmt
Management And General$5,294,290ManagementAndGeneralAmt
Fundraising$5,446,035FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$6,823,886BOYAmt
EOY$6,933,568EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$17,798,448BOYAmt
EOY$6,812,707EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,868,644BOYAmt
EOY$3,380,410EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,742,497BOYAmt
EOY$2,716,197EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$992,850BOYAmt
EOY$925,439EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,212,134BOYAmt
EOY$855,857EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$84,206,465LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$46,700,325LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$38,415,073BOYAmt
EOY$37,506,140EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$20,119,100BOYAmt
EOY$45,480,856EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$116,540,163BOYAmt
EOY$100,765,246EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,980,404BOYAmt
EOY$5,069,488EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$214,493,199BOYAmt
EOY$210,445,908EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,954,357BOYAmt
EOY$4,978,775EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$251,459BOYAmt
EOY$309,336EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$29,940,064BOYAmt
EOY$29,960,043EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,424,084BOYAmt
EOY$4,526,842EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$39,569,964BOYAmt
EOY$39,774,996EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$120,663,984BOYAmt
EOY$122,761,320EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$54,259,251BOYAmt
EOY$47,909,592EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$174,923,235BOYAmt
EOY$170,670,912EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$214,493,199BOYAmt
EOY$210,445,908EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$20,405,558ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$16,321,041NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$167,806OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,713,013CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14,553,934CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$26,753,562CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,839,132CurrentTaxYearMinus1YearAmt
Current Tax Year$9,433,812CurrentTaxYearAmt
Total$74,293,453TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,554,913CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,282,723CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,155,160CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,146,656CurrentTaxYearMinus1YearAmt
Current Tax Year$1,940,307CurrentTaxYearAmt
Total$9,079,759TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,267,926CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15,836,657CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,908,722CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,985,788CurrentTaxYearMinus1YearAmt
Current Tax Year$11,374,119CurrentTaxYearAmt
Total$83,373,212TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,451,200SubstantialContributorsTotAmt
Public Support Total170$80,922,012PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$834,717CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$591,340CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,332,384CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,594,408CurrentTaxYearMinus1YearAmt
Current Tax Year$2,558,253CurrentTaxYearAmt
Total$6,911,102TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$741,947CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$214,055CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$522,301CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$589,556CurrentTaxYearMinus1YearAmt
Current Tax Year$1,420,836CurrentTaxYearAmt
Total$3,488,695TotalAmt
FieldValueIRS element (for citing)
Total Support$93,773,009TotalSupportAmt
Gross Receipts Rltd Activities$6,932,076GrossReceiptsRltdActivitiesAmt
Public Support CY1700.86300PublicSupportCY170Pct
Public Support PY1700.73020PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$22,199,983BeginningYearBalanceAmt
Investment Earnings Or Losses$2,708,398InvestmentEarningsOrLossesAmt
Other Expenditures$888,986OtherExpendituresAmt
End Year Balance$24,019,395EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,056,006BeginningYearBalanceAmt
Investment Earnings Or Losses$1,983,476InvestmentEarningsOrLossesAmt
Other Expenditures$839,499OtherExpendituresAmt
End Year Balance$22,199,983EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,814,510BeginningYearBalanceAmt
Investment Earnings Or Losses-$3,753,430InvestmentEarningsOrLossesAmt
Other Expenditures$1,005,074OtherExpendituresAmt
End Year Balance$21,056,006EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$20,736,032BeginningYearBalanceAmt
Investment Earnings Or Losses$5,874,518InvestmentEarningsOrLossesAmt
Other Expenditures$796,040OtherExpendituresAmt
End Year Balance$25,814,510EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,358,230BeginningYearBalanceAmt
Investment Earnings Or Losses$264,842InvestmentEarningsOrLossesAmt
Other Expenditures$887,040OtherExpendituresAmt
End Year Balance$20,736,032EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.73077PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.26923TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,523,258OtherCostOrOtherBasisAmt
Book Value$3,523,258BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$71,874,762OtherCostOrOtherBasisAmt
Depreciation$39,090,049DepreciationAmt
Book Value$32,784,713BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,808,445OtherCostOrOtherBasisAmt
Depreciation$7,610,276DepreciationAmt
Book Value$1,198,169BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$37,506,140TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
ALTERNATIVE INVESTMENTS$43,372,561F
INTERNATIONAL & LARGE CAP EQUITIES$42,327,502F
MID CAP EQUITIES$13,694,045F
MULTIFAMILY PORTFOLIO LTD PARTNERSHIP$1,371,138C
FieldValueIRS element (for citing)
Total Book Value Securities$100,765,246TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
RENTAL DEPOSITS$140,612
LEASE LIABILITIES - OPERATING$4,386,230
FieldValueIRS element (for citing)
Total Liability$4,526,842TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$32,341,656TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$16,321,041NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$57,631DonatedServicesAndUseFcltsAmt
Other Revenue-$2,717,358OtherRevenueAmt
Revenue Not Reported$13,661,314RevenueNotReportedAmt
Revenue Subtotal$18,680,342RevenueSubtotalAmt
Investment Expenses Not Incld$595,175InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$1,976,952OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$1,381,777RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$17,298,565TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$36,593,979TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$57,631DonatedServicesUseFcltsAmt
Other Expenses Included$1,976,952OtherExpensesIncludedAmt
Expenses Not Reported$2,034,583ExpensesNotReportedAmt
Expenses Subtotal$34,559,396ExpensesSubtotalAmt
Investment Expenses Not Incld2$595,175InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$2,549,552OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$3,144,727ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$37,704,123TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:IN CONFORMITY WITH THE PRACTICE COMMONLY FOLLOWED BY MOST AMERICAN ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTION IS NOT INCLUDED IN THE FINANCIAL STATEMENTS. CONTRIBUTIONS FOR THE PURCHASE OF ART OBJECTS, THE PROCEEDS FROM DEACCESSIONS OF ART AND THE COST OF ART OBJECTS PURCHASED ARE REPORTED AS OTHER CHANGES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. THE MUSEUM'S POLICY IS TO MAINTAIN AND CONTINUE TO ACQUIRE SIGNIFICANT WORKS OF CONTEMPORARY ART (PRINCIPALLY 1945 TO PRESENT). FROM TIME TO TIME, OBJECTS MAY BE SOLD IN ACCORDANCE WITH THE MUSEUM'S COLLECTION MANAGEMENT POLICY. DEACCESSIONS MAY RESULT IF ONE OF THE FOLLOWING CONDITIONS IS MET: (A) PHYSICAL CONDITION HAS DETERIORATED TO A POINT BEYOND DISPLAY OR STUDY; OR (B) AN OBJECT IS BELIEVED TO NO LONGER BE PERTINENT TO THE SCOPE OF THE MUSEUM'S COLLECTION. ALL PROCEEDS REALIZED FROM DEACCESSIONS ARE ALLOCATED TO PURCHASE OTHER WORKS OF ART. THERE WERE NO AMOUNTS REALIZED FOR DEACCESSION OF ART FOR THE YEARS ENDED JUNE 30, 2024 AND 2023.
PART III, LINE 4:THE COLLECTION IS COMPRISED OF OVER 7,000 OBJECTS IN ALL MEDIA CREATED DURING THE TWENTIETH AND TWENTY-FIRST CENTURIES. THROUGH EXHIBITIONS, PRESERVATION AND RESEARCH, THE COLLECTION SUPPORTS THE MUSEUM'S MISSION TO BE INNOVATIVE AND A COMPELLING CENTER OF CONTEMPORARY ART WHERE THE PUBLIC CAN DIRECTLY EXPERIENCE THE WORK AND IDEAS OF LIVING ARTISTS, AND UNDERSTAND THE HISTORICAL, SOCIAL AND CULTURAL CONTEXT OF THE ART OF OUR TIME.
PART V, LINE 4:THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE MUSEUM'S OPERATIONS, SUBJECT TO A SPENDING POLICY. UP TO 5% OF THE AVERAGE MARKET VALUE OF ASSETS OVER A 12 QUARTER PERIOD ENDING WITH THE PRIOR 12/31 IS MADE AVAILABLE FOR ANNUAL DRAWS.
PART X, LINE 2:THE MUSEUM IS A CHARITABLE AND EDUCATIONAL ORGANIZATION AND IS EXEMPT FROM FEDERAL AND STATE TAXES UNDER THE PROVISIONS OF SECTION 501(A) AS AN ENTITY DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ILLINOIS DEPARTMENT OF REVENUE HAS ALSO DECLARED BOTH THE MUSEUM AND ITS WAREHOUSE EXEMPT FROM REAL ESTATE PROPERTY TAXES. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED GUIDANCE REQUIRING TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED SHOULD THE POSITION BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT BELIEVES THAT THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. THERE ARE NO TAX POSITIONS FOR WHICH A MATERIAL CHANGE IN ANY UNRECOGNIZED TAX BENEFIT OR LIABILITY IS REASONABLY POSSIBLE IN THE NEXT 12 MONTHS. THE MUSEUM FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF ILLINOIS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN VALUE OF SWAPS -167,806. ART ACQUISITIONS -1,782,400. STRATEGIC INITIATIVE EXPENSES -767,152.
PART XI, LINE 4B - OTHER ADJUSTMENTS:COST OF GOODS SOLD -1,412,996. RENTAL EXPENSE -563,956.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD 1,412,996. RENTAL EXPENSE 563,956.
PART XII, LINE 4B - OTHER ADJUSTMENTS:STRATEGIC INITIATIVE EXPENSES 767,152. ART ACQUISITIONS 1,782,400.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (20 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,00PROGRAM SERVICESARCHITECT FEES$8,000
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,00PROGRAM SERVICESART$29,400
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,00PROGRAM SERVICESARTIST FEES$2,316
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00PROGRAM SERVICESARTIST FEES$3,000
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES00PROGRAM SERVICESARTIST FEES$21,850
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00PROGRAM SERVICESCYBER SECURITY$101,682
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00PROGRAM SERVICESEXHIBITION RENTAL$31,190
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00PROGRAM SERVICESINSURANCE PREMIUM$2,466
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00PROGRAM SERVICESLICENSE FEES$2,759
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00PROGRAM SERVICESROYALTIES$3,280
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,00PROGRAM SERVICESSERVICE FEES$2,599
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00PROGRAM SERVICESSHIPPING$284,831
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00PROGRAM SERVICESSUBSCRIPTIONS$4,400
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00PROGRAM SERVICESSYMPOSIUM FEES$1,697
CENTRAL AMERICA AND THE CARIBBEAN00INVESTMENTS$7,949,999
EAST ASIA AND THE PACIFIC00INVESTMENTS$3,870,136
EUROPE (INCLUDING ICELAND & GREENLAND)00INVESTMENTS$2,268,583
NORTH AMERICA00INVESTMENTS$426,750
SOUTH AMERICA00INVESTMENTS$67,096
SOUTH ASIA00INVESTMENTS$155,628
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$199,904SubtotalSpentAmt
Continuation Spent$15,037,758ContinuationSpentAmt
Total Spent$15,237,662TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1DONALD A CAMPBELL & COMPANY INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 EAST WACKER DRIVE SUITE 2100AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd
FieldValueIRS element (for citing)
ActivityFUNDRAISING CONSULTANTActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$0GrossReceiptsAmt
Retained By Contractor$619,568RetainedByContractorAmt
Net To Organization$0NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Retained By Contractors$619,568TotalRetainedByContractorsAmt
Licensed StatesILLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ART EDGEEvent1Nm
Gross Receipts Event1$1,721,476GrossReceiptsEvent1Amt
Charitable Contri Event1$1,628,676CharitableContriEvent1Amt
Gross Revenue Event1$92,800GrossRevenueEvent1Amt
Food And Beverage Event1$154,062FoodAndBeverageEvent1Amt
Entertainment Event1$95,548EntertainmentEvent1Amt
Other Direct Expenses Event1$792,338OtherDirectExpensesEvent1Amt
Event2VISIONARYEvent2Nm
Gross Receipts Event2$570,658GrossReceiptsEvent2Amt
Charitable Contri Event2$536,748CharitableContriEvent2Amt
Gross Revenue Event2$33,910GrossRevenueEvent2Amt
Food And Beverage Event2$21,985FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$177,283OtherDirectExpensesEvent2Amt
Other Events Total3OtherEventsTotalCnt
Gross Receipts Other Events$212,687GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$99,833CharitableContriOtherEventsAmt
Gross Revenue Other Events$112,854GrossRevenueOtherEventsAmt
Food And Beverage Other Events$91,289FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$57,701OthDirectExpnssOtherEventsAmt
Gross Receipts Total$2,504,821GrossReceiptsTotalAmt
Charitable Contributions Tot$2,265,257CharitableContributionsTotAmt
Gross Revenue Total Events$239,564GrossRevenueTotalEventsAmt
Food And Beverage Total Events$267,336FoodAndBeverageTotalEventsAmt
Entertainment Total Events$95,548EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$1,027,322OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$1,390,206DirectExpenseSummaryEventsAmt
Net Income Summary-$1,150,642NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MADELEINE GRYNSZTEJN
PRITZKER DIRECTOR$805,838$0$50,000$0$0$0$16,500$0$16,908$0$889,246$0$0$0
GWENDOLYN PERRY DAVIS
DEPUTY DIRECTOR & COO$351,844$0$31,641$0$0$0$16,500$0$12,613$0$412,598$0$0$0
RENE MORALES
CHIEF CURATOR (UNTIL 04/24)$267,738$0$0$0$0$0$0$0$27,235$0$294,973$0$0$0
LAURA HERRERA
CHIEF COMM. OFFICER (UNTIL 01/24)$218,075$0$29,436$0$0$0$0$0$30,771$0$278,282$0$0$0
JOSHUA MANN
SR. DIRECTOR OF PEOPLE AND CULTURE$194,680$0$18,927$0$0$0$9,391$0$20,400$0$243,398$0$0$0
MOLLIE ALEXANDER
CHIEF DEVELOPMENT OFFICER$176,515$0$0$0$20,000$0$0$0$15,449$0$211,964$0$0$0
GINA CROWLEY
SR. DIRECTOR OF AUDIENCE EXPERIENCE$174,870$0$3,538$0$0$0$8,460$0$6,090$0$192,958$0$0$0
CLAIRE RUUD
DIRECTOR OF CURATORIAL AFFAIRS$176,294$0$0$0$0$0$8,709$0$4,177$0$189,180$0$0$0
LISA KEY
FORMER CHIEF INSTNL ADV OFFICER$847$0$0$0$165,093$0$0$0$0$0$165,940$0$0$0
WES MORAN
CFO$122,303$0$0$0$15,000$0$0$0$12,837$0$150,140$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3THE COMPENSATION COMMITTEE ANNUALLY REVIEWS PERFORMANCE, PEER DATA, SURVEYS, ETC. WHEN SETTING THE ANNUAL SALARY FOR THE PRITZKER DIRECTOR. AN EXTERNAL CONSULTANT CONFIRMED THAT THE PRITZKER DIRECTOR'S COMPENSATION FALLS BETWEEN THE 50TH PERCENTILE AND THE 75TH PERCENTILE FOR COMPARABLE ORGANIZATIONS. THE COMMITTEE DOCUMENTS ITS FINDINGS IN WRITING.
PART I, LINES 4A-BLINE 4A: THE FOLLOWING INDIVIDUAL RECEIVED A SEVERANCE PAYMENT DURING THE YEAR: LISA KEY, FORMER CHIEF INSTITUTIONAL ADVANCEMENT OFFICER, IN THE AMOUNT OF $165,093. LINE 4B: THE PRITZKER DIRECTOR, MADELEINE GRYNSZTEJN, PARTICIPATES IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN EFFECTIVE NOVEMBER 1, 2017. THE PURPOSE OF THE PLAN IS TO PERMIT SELECTED EMPLOYEES OF THE MUSEUM TO RECEIVE SUPPLEMENTAL RETIREMENT INCOME THAT CANNOT BE PAID UNDER ITS QUALIFIED PLANS DUE TO THE REDUCTIONS AND LIMITATIONS IMPOSED BY SECTIONS 401(A)(17), 401(K)(3), 401(M) AND 415 OF THE INTERNAL REVENUE CODE OF 1986.
PART I, LINE 7BONUSES ARE PAID DURING THE YEAR AT THE DISCRETION OF MANAGEMENT.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1ILLINOIS FINANCE AUTHORITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN861091967BondIssuerEIN
CUSIP000000000CUSIPNum
Bond Issued2016-10-27BondIssuedDt
Issue Price$30,000,000IssuePriceAmt
PurposeREFINANCE ILLINOIS DEVELOPMENT AUTHORITY REVENUE BONDS SERIES 1994PurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$30,000,000TotalProceedsAmt
Other Spent Proceeds$30,000,000OtherSpentProceedsAmt
Substantial Completion2016SubstantialCompletionYr
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Private Bus Concerning UBI0.04990PrivateBusConcerningUBIPct
Total Private Business Use0.04990TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledYes (1)Form8038TFiledInd
Variable Rate IssueYes (1)VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor Reqs0WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective Action0ProceduresCorrectiveActionInd

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution88ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution17ContributionCnt
Noncash Contributions Rpt F990$439,241NoncashContributionsRptF990Amt
Method Of Determining RevenuesTRANSFERRED VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received11Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, COLUMN (B):THE NUMBER IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECIEVED.
PART I, LINE 33:THE MUSEUM RECEIVED A COLLECTION OF ART DURING THE YEAR, HOWEVER ZERO AMOUNT WAS REPORTED ON FORM 990, PART VIII, LINE 1G, BECAUSE THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION 958-360-25 (ASC 958-360-25).

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2THE FOLLOWING TRUSTEES HAVE A FAMILY RELATIONSHIP (1) DON KAUL AND LESLIE BLUHM. THE FOLLOWING TRUSTEES HAVE A BUSINESS RELATIONSHIP (1) MICHAEL CANMANN AND NANCY CROWN.
FORM 990, PART VI, SECTION B, LINE 11BREVIEW OF THE IRS FORM 990 WAS DELEGATED TO THE AUDIT COMMITTEE. AFTER REVIEW, A DRAFT COPY OF FORM 990 WAS EMAILED TO ALL BOARD MEMBERS. AFTER A 30 DAY REVIEW PERIOD, THE FORM 990 IS THEN FILED ELECTRONICALLY WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE MUSEUM MAINTAINS A CONFLICT OF INTEREST POLICY WHICH APPLIES TO ALL TRUSTEES, MEMBERS OF STANDING COMMITTEES, AS WELL AS SENIOR MANAGEMENT AND OTHER DESIGNATED MEMBERS OF STAFF. THE POLICY REQUIRES THAT EACH PERSON TO WHOM THE POLICY APPLIES COMPLETE THE ANNUAL DISCLOSURE STATEMENT TO IDENTIFY ANY BUSINESS, FINANCIAL OR PERSONAL INTEREST IN MATTERS RELATING TO THE MUSEUM. THE POLICY FORBIDS SUCH INDIVIDUALS FROM VOTING ON OR USING THEIR PERSONAL INFLUENCE IN CONNECTION WITH SUCH MATTERS. IN THE EVENT THE MUSEUM DOES CONDUCT BUSINESS WITH SUCH RELATED PARTY, THE FINANCIAL TERMS OF THOSE RELATIONSHIPS ARE REPORTED ANNUALLY TO THE AUDIT COMMITTEE, WHOSE MEMBERS MUST BE INDEPENDENT PER THE TERMS OF THE CHARTER.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION COMMITTEE ANNUALLY REVIEWS PERFORMANCE, GOAL ACHIEVEMENT, PEER DATA, SURVEYS, ETC., WHEN SETTING THE ANNUAL SALARY FOR THE PRITZKER DIRECTOR/CHIEF EXECUTIVE OFFICER. DURING THE YEAR, THE COMMITTEE ENGAGED AN EXTERNAL CONSULTANT TO DOCUMENT THAT THE PRITZKER DIRECTOR'S COMPENSATION FALLS BETWEEN THE 50TH PERCENTILE AND THE 75TH PERCENTILE FOR COMPARABLE ORGANIZATIONS. THE COMMITTEE DOCUMENTS ITS FINDINGS IN WRITING, AND EMPLOYEES ARE NOT PRESENT WHEN THEIR COMPENSATION IS SET.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST, THE MUSEUM WILL PROVIDE A PUBLIC DISCLOSURE COPY OF THE 990.
FORM 990, PART IX, LINE 11GCONTRACT LABOR: PROGRAM SERVICE EXPENSES 1,464,521. MANAGEMENT AND GENERAL EXPENSES 214,184. FUNDRAISING EXPENSES 281,177. TOTAL EXPENSES 1,959,882. CONTRACT LABOR - SECURITY: PROGRAM SERVICE EXPENSES 1,855,537. MANAGEMENT AND GENERAL EXPENSES 271,369. FUNDRAISING EXPENSES 356,249. TOTAL EXPENSES 2,483,155. ARTIST FEES: PROGRAM SERVICE EXPENSES 242,014. MANAGEMENT AND GENERAL EXPENSES 35,394. FUNDRAISING EXPENSES 46,465. TOTAL EXPENSES 323,873. JANITORIAL SERVICES: PROGRAM SERVICE EXPENSES 622,431. MANAGEMENT AND GENERAL EXPENSES 91,030. FUNDRAISING EXPENSES 119,502. TOTAL EXPENSES 832,963. ALL OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,311,838. MANAGEMENT AND GENERAL EXPENSES 202,479. FUNDRAISING EXPENSES 265,811. TOTAL EXPENSES 1,780,128.
FORM 990, PART XI, LINE 9:CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -167,806.

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