MUSEUM OF CONTEMPORARY ART: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MUSEUM OF CONTEMPORARY ART (EIN 36-6154098)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-03-01
- IRS object ID
- 202420619349300747
- Schema version
- 2022v5.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-03-01T17:12:04-06:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381357951 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366154098 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUSEUM OF CONTEMPORARY ART | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MUSE | BusinessNameControlTxt |
| Phone | 3123973808 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 EAST CHICAGO AVENUE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WES MORAN | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 3123973808 | PhoneNum |
| Signature | 2024-02-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WES | PersonFirstNm |
| Person Last | MORAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID LOWENTHAL | PreparerPersonNm |
| PTIN | P00378651 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2024-02-28 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WES MORAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 EAST CHICAGO AVENUE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $44,595,292 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MCACHICAGO.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1964 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | ENHANCE APPRECIATION OF CONTEMPORARY ART THROUGH EDUCATION, PROGRAMMING AND EXHIBITIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 70 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 69 | VotingMembersIndependentCnt |
| Total Employee | 185 | TotalEmployeeCnt |
| Total Volunteers | 80 | TotalVolunteersCnt |
| Total Gross UBI | $139,558 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $28,908,722 | PYContributionsGrantsAmt |
| CY Contributions Grants | $14,985,788 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,772,750 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,747,246 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$1,047,930 | PYInvestmentIncomeAmt |
| CY Investment Income | $932,482 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$1,184,115 | PYOtherRevenueAmt |
| CY Other Revenue | $1,562,531 | CYOtherRevenueAmt |
| PY Total Revenue | $28,449,427 | PYTotalRevenueAmt |
| CY Total Revenue | $19,228,047 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,467,139 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $13,853,422 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $264,873 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,110,092 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,084,068 | PYOtherExpensesAmt |
| CY Other Expenses | $18,713,055 | CYOtherExpensesAmt |
| PY Total Expenses | $24,551,207 | PYTotalExpensesAmt |
| CY Total Expenses | $32,831,350 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,898,220 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$13,603,303 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $213,513,688 | TotalAssetsBOYAmt |
| Total Assets EOY | $214,493,199 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $33,679,240 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $39,569,964 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $179,834,448 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $174,923,235 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE 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 Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $18,387,800 | ExpenseAmt |
| Revenue | $3,066,254 | RevenueAmt |
| Desc | EXHIBITIONS: IN THE FY23 FISCAL YEAR, THE MUSEUM WELCOMED 232,206 VISITORS TO ITS EXHIBITIONS, PERFORMANCES, EVENTS, AND LEARNING PROGRAMS.MCA EXHIBITIONS SEEK TO INTRODUCE AUDIENCES TO THE MOST IMPORTANT ART AND ARTISTS OF OUR TIME, WITH AN EMPHASIS ON FEATURING LOCAL ARTISTS. EXHIBITIONS ARE DESIGNED TO EXCITE, CHALLENGE, AND ILLUMINATE OUR VISITORS AND TO PROVIDE THEM WITH INSIGHT INTO THE CREATIVE PROCESS. THE MCA PRESENTED EXHIBITIONS THAT FEATURED LOCAL ARTISTS, AMPLIFIED THE VOICES OF BIPOC AND WOMEN ARTISTS, AND EXPLORED THE ISSUES OF TODAY THROUGH ACCESSIBLE MEDIUMS. THESE EXHIBITIONS INCLUDED BASED ON A TRUE STORY (FEBRUARY 12, 2022 - AUGUST 14, 2022); ATRIUM PROJECT: FIRELEI BEZ (MARCH 26, 2022 - MARCH 26, 2023); NICK CAVE: FOROTHERMORE (MAY 14, 2022 - OCTOBER 02, 2022); INTRICATE: CALDER AND THE POETRY OF SCIENCE (MAY 14, 2022 - MARCH 05, 2023); CHICAGO WORKS: GREGORY BAE (JUNE 28, 2022 - MARCH 12, 2023); MARTINE SYMS: SHE MAD SEASON ONE (JULY 02, 2022 - FEBRUARY 12, 2023); INTERIORS (JULY 16, 2022 - APRIL 23, 2023); ENTER THE MIRROR (SEPTEMBER 10, 2022 - JULY 23, 2023); FORECAST FORM: ART IN THE CARIBBEAN DIASPORA, 1990STODAY (NOVEMBER 19, 2022 - APRIL 23, 2023); DUANE LINKLATER: MYMOTHERSSIDE (MARCH 11, 2023 - SEPTEMBER 03, 2023); MONA HATOUM: EARLY WORKS (MARCH 29, 2023 - OCTOBER 22, 2023); ATRIUM PROJECT: LOTUS L. KANG (APRIL 8, 2023 - FEBRUARY 11, 2024); ENDLESS (APRIL 14, 2023 - APRIL 14, 2024); AND GARY SIMMONS: PUBLIC ENEMY (JUNE 13, 2023 - OCTOBER 01, 2023). | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,480,595 | ExpenseAmt |
| Revenue | $49,931 | RevenueAmt |
| Desc | PERFORMANCE: THE MCA PRESENTS CUTTING-EDGE DANCE, THEATER, AND MUSIC FROM CHICAGO AND AROUND THE WORLD. PERFORMANCES THIS YEAR INCLUDED ERIN KILMURRAY, THE FUNCTION (SEPTEMBER 15, 2022); BIMBOLA AKINBOLA, YOU GOTTA KNOW IT: A DURATIONAL MOVING MEDITATION ON (BLACK) COLLECTIVITY, LABOR, AND JOY (SEPTEMBER 16, 2022); DEREK LEE MCPHATTER, WATER RIOT IN BETA (SEPTEMBER 16, 2022); ISAIAH COLLIER, THE CELESTIALS PROJECT (OCTOBER 4, 2022); KEYIERRA COLLINS, HOW I FOUND MY FEET AGAIN, (FEBRUARY 21, 2023); DEVIN T. MAYS (OCTOBER 18, 2022); JENN FREEMAN AKA PO' CHOP, BAMALAMA LEGS (NOVEMBER 1, 2022); CAT MAHARI, BLK ARK: THE IMPOSSIBLE MANIFESTATION (DECEMBER 6, 2022); SHAMEL PITTS | TRIBE, TOUCH OF RED (APRIL 06 - 08, 2023); WILL RAWLS, [SICCER]* (APRIL 27 30, 2023); AND BARAK AD SOLEIL, SHIFT* (MAY 06, 2023).TUESDAYS ON THE TERRACE, THE MCA'S POPULAR SUMMER JAZZ CONCERT SERIES, TOOK PLACE EACH TUESDAY FROM JUNE TO AUGUST 2023 ON THE MUSEUM TERRACE, WITH ADDITIONAL SEATING IN THE SCULPTURE GARDEN. ALMOST 14,632 PEOPLE ATTENDED THESE PERFORMANCES, WHICH WERE FREE TO THE PUBLIC. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,619,163 | ExpenseAmt |
| Desc | EDUCATION AND PUBLIC PROGRAMMING: THE MCA'S EDUCATION AND PUBLIC PROGRAMMING DEPARTMENTS PRODUCED MULTIPLE PROGRAMS THAT BENEFITED COMMUNITY MEMBERS OF ALL AGES AND BACKGROUNDS, FREQUENTLY WORKING TOGETHER WITH THE LEARNING DEPARTMENT TO CREATE A CONTINUUM OF LIFELONG LEARNING FOR CITIZENS OF CHICAGO. MOST OF THESE PROGRAMS WERE FREE TO THE PUBLIC, AND TOOK PLACE ACROSS MULTIPLE PLATFORMS INCLUDING IN PERSON, ZOOM, INSTAGRAM LIVE, AND FACEBOOK LIVE.LEARNING PROGRAMS THIS YEAR FOCUSED ON PROVIDING PROGRAMS TO SCHOOLS AND FAMILIES THAT COMPLEMENT STANDARD CURRICULUM AND CLASSROOM TOPICS AS WELL AS OPPORTUNITIES FOR ENRICHMENT AND CREATIVITY OUTSIDE OF SCHOOL. THIS YEAR 19,000 YOUNG PEOPLE VISITED THE MUSEUM. ARTS EDUCATION PROGRAMMING IN FISCAL YEAR 2023 INCLUDED:THE TEEN CREATIVE AGENCY (TCA): THE TCA IS THE MCA'S CULTURAL LEADERSHIP PROGRAM FOR CHICAGO-AREA TEENS (1419 YEARS OLD). MEMBERS MEET WEEKLY TO INCREASE THEIR AGENCY AND COLLABORATION SKILLS, BUILD COMMUNITY, AND DEVELOP CREATIVE PROJECTS AND PUBLIC EVENTS UNDER THE GUIDANCE OF TWO LEAD ARTISTS. WEEKLY SESSIONS INCLUDE TIME IN THE GALLERIES, VISITS TO OTHER CULTURAL SITES, MEETINGS WITH ARTISTS AND MUSEUM STAFF, AND TIME TO WORK ON COLLABORATIVE PROJECTS.FAMILY DAYS: PRESENTED ONCE A MONTH FROM OCTOBER - MAY, FAMILIES ARE OFFERED FREE ADMISSION TO TAKE PART IN WORKSHOPS AND PERFORMANCES THAT ARE ALL DESIGNED AND LED BY CHICAGO ARTISTS.TEACHER INSTITUTE: A FREE, YEAR-LONG PROFESSIONAL DEVELOPMENT PROGRAM FOCUSED ON SUPPORTING TEACHERS IN DEVELOPING STUDENT-CENTERED PROJECTS THAT GIVE STUDENTS AN ACTIVE ROLE IN THE DEVELOPMENT, IMPLEMENTATION, AND DOCUMENTATION PROCESSES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $22,487,558 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 225 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 185 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 70 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 69 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WES MORAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3123973808 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 E CHICAGO AVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (82 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| MADELEINE GRYNSZTEJN | |||||||||
| PRITZKER DIRECTOR | 40.00 | 0.00 | Yes (X) | Yes (X) | $969,892 | $0 | $54,752 | ||
| CARI B SACKS | |||||||||
| BOARD CHAIR AND TRUSTEE | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL O'GRADY | |||||||||
| VICE CHAIR AND TRUSTEE | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ANNE L KAPLAN | |||||||||
| VICE CHAIR AND TRUSTEE | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ELLEN-BLAIR CHUBE | |||||||||
| VICE CHAIR AND TRUSTEE | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| NICKOL R HACKETT | |||||||||
| VICE CHAIR AND TRUSTEE | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LESLIE BLUHM | |||||||||
| SECRETARY AND TRUSTEE | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PEDRO WEISS | |||||||||
| TREASURER AND TRUSTEE | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SARA ALBRECHT | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL ALPER | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER J BARACK | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROB BELLICK | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JULIE BERNSTEIN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARLENE BRESLOW- BLITSTEIN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARC BROOKS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT BUFORD | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL CANMANN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CAROL COHEN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TARRAH COOPER WRIGHT | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NANCY CROWN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DIMITRIS DASKALOPOULOS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT H DEFARES | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LISA DUARTE | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHERYL S DURST | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LOIS EISEN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DR JULIUS FEW | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LARRY FIELDS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NICHOLAS GIAMPIETRO | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JACK GUTHMAN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RACHEL GRUND | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN B HARRIS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KING HARRIS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JANAINA HEES | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CYNTHIA HUNT | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LIZ LEFKOFSKY | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JONATHAN LEVIN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RON LEVIN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES H LITINSKY | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARQUIS D MILLER | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CARRIES REYES MURPHY | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARTIN NESBITT | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ASHLEY HEMPHILL NETZKY | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAY OWEN JR | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CAROL PRINS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NATHANIEL ROBINSON | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| EVE ROGERS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSHUA ROGERS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ILAN SHALIT | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM SILVERSTEIN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SARA SZOLD | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NIGEL F TELMAN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DIA S WEIL | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| I JOYCE YAUNG | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL YIH | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| HELEN ZELL | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN D CARTLAND | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARSHALL FRONT | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| HELYN D GOLDENBERG | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES A GORDON | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLAM HOOD | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY ITTELSON | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DON KAUL | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SALLY MEYERS KOVER | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GAEL NEESON | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PENNY PRITZKER | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DORIE STERNBERG | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DARYL GERBER STOKOLS | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DONNA A STONE | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARJORIE SUSMAN | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ALLEN M TURNER | |||||||||
| LIFE TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GWENDOLYN PERRY DAVIS | |||||||||
| CHIEF OPERATING OFFICER | 40.00 | 0.00 | Yes (X) | $311,546 | $0 | $22,370 | |||
| LISA KEY | |||||||||
| CHIEF INSTITUTIONAL ADVANCEMENT OFFICER | 40.00 | 0.00 | Yes (X) | $275,027 | $0 | $32,974 | |||
| ANNE-MARIE EISCHEN | |||||||||
| CFO - THRU 7/22 | 40.00 | 0.00 | Yes (X) | $340,899 | $0 | $20,342 | |||
| LAURA HERRERA | |||||||||
| CHIEF COMMUNICATIONS AND CONTENT OFFICER | 40.00 | 0.00 | Yes (X) | $206,552 | $0 | $24,055 | |||
| KATHLEEN HECHINGER | |||||||||
| INTERIM CFO - THRU 6/23 | 40.00 | 0.00 | Yes (X) | $112,175 | $0 | $0 | |||
| WES MORAN | |||||||||
| CFO - BEG 6/23 | 40.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RENE MORALES | |||||||||
| CHIEF CURATOR | 40.00 | 0.00 | $245,877 | $0 | $18,969 | Yes (X) | |||
| CLAIRE RUUD | |||||||||
| DIRECTOR OF CURATORIAL AFFAIRS | 40.00 | 0.00 | $171,320 | $0 | $9,480 | Yes (X) | |||
| JOSHUA MANN | |||||||||
| SENIOR DIRECTOR OF PEOPLE AND CULTURE | 40.00 | 0.00 | $159,583 | $0 | $22,713 | Yes (X) | |||
| NINA YUNG | |||||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | 0.00 | $155,299 | $0 | $7,892 | Yes (X) | |||
| GINA CROWLEY | |||||||||
| SENIOR DIRECTOR OF AUDIENCE EXPERIENCE | 40.00 | 0.00 | $152,192 | $0 | $9,665 | Yes (X) | |||
| COLETTE CUSTIN BEVARD | |||||||||
| DIRECTOR OF INFORMATION TECHNOLOGY | 40.00 | 0.00 | $152,641 | $0 | $8,180 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,253,003 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $231,392 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 23 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SECURITAS SECURITY USA INC | |||||
| 12672 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 606930126 | SECURITY SERVICES | $2,402,630 |
| ABM INDUSTRY GROUPS LLC | |||||
| PO BOX 74008829 | CHICAGO | IL | 60674 | HVAC CONTRACTOR | $1,358,167 |
| US ART COMPANY INC | |||||
| 78 PACELLA PARK DRIVE | RANDOLPH | MA | 02368 | ART STORAGE | $906,904 |
| EUROPEAN PAINTING & DECORATING INC | |||||
| 21 S WILDWOOD | PROSPEVT HEIGHTS | IL | 60070 | CONTRACT LABOR | $285,562 |
| FROST LIGHTING INC | |||||
| 830 WEST 40TH ST | CHICAGO | IL | 60609 | AUDIO VISUAL SERVICES | $267,423 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 25 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $458,434 | MembershipDuesAmt |
| Fundraising | $1,974,772 | FundraisingAmt |
| Government Grants | $2,443,979 | GovernmentGrantsAmt |
| All Other Contributions | $10,108,603 | AllOtherContributionsAmt |
| Noncash Contributions | $376,563 | NoncashContributionsAmt |
| Total Contributions | $14,985,788 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ADMISSIONS | 712110 | $1,265,171 | $1,265,171 |
| EXHIBITIONS | 712110 | $432,144 | $432,144 |
| PERFORMANCE | 712110 | $49,931 | $49,931 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,747,246 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $904,141 | TotalRevenueColumnAmt |
| Exclusion | $904,141 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $671,713 | RealAmt |
| Personal | $83,502 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $99,585 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $572,128 | RealAmt |
| Personal | $83,502 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $655,630 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,554 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $64,948 | UnrelatedBusinessRevenueAmt |
| Exclusion | $572,128 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,440,966 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,412,625 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $28,341 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,341 | TotalRevenueColumnAmt |
| Exclusion | $28,341 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $308,250 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,974,772 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $1,415,900 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,107,650 | TotalRevenueColumnAmt |
| Exclusion | -$1,107,650 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $2,864,130 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $1,439,135 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,424,995 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,350,385 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $74,610 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| PARKING GARAGE | 712110 | $316,766 | $316,766 |
| FOOD SERVICE | 712110 | $248,378 | $248,378 |
| MISCELLANEOUS | 900099 | $24,412 | $24,412 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $589,556 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,228,047 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,116,185 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $139,558 | UnrelatedBusinessRevenueAmt |
| Exclusion | $986,516 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,635,430 | TotalAmt |
| Program Services | $322,498 | ProgramServicesAmt |
| Management And General | $2,235,932 | ManagementAndGeneralAmt |
| Fundraising | $77,000 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,377,837 | TotalAmt |
| Program Services | $7,976,150 | ProgramServicesAmt |
| Management And General | $228,691 | ManagementAndGeneralAmt |
| Fundraising | $1,172,996 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $178,540 | TotalAmt |
| Program Services | $161,557 | ProgramServicesAmt |
| Management And General | -$2,424 | ManagementAndGeneralAmt |
| Fundraising | $19,407 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $861,987 | TotalAmt |
| Program Services | $662,452 | ProgramServicesAmt |
| Management And General | $99,764 | ManagementAndGeneralAmt |
| Fundraising | $99,771 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $799,628 | TotalAmt |
| Program Services | $559,003 | ProgramServicesAmt |
| Management And General | $156,727 | ManagementAndGeneralAmt |
| Fundraising | $83,898 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,746 | TotalAmt |
| Program Services | $128,540 | ProgramServicesAmt |
| Management And General | $34,153 | ManagementAndGeneralAmt |
| Fundraising | $13,053 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,076 | TotalAmt |
| Program Services | $76,852 | ProgramServicesAmt |
| Management And General | $20,420 | ManagementAndGeneralAmt |
| Fundraising | $7,804 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $264,873 | TotalAmt |
| Fundraising | $264,873 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $269,363 | TotalAmt |
| Management And General | $269,363 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,230,284 | TotalAmt |
| Program Services | $3,107,021 | ProgramServicesAmt |
| Management And General | $807,746 | ManagementAndGeneralAmt |
| Fundraising | $315,517 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $694,383 | TotalAmt |
| Program Services | $113,987 | ProgramServicesAmt |
| Management And General | $473,213 | ManagementAndGeneralAmt |
| Fundraising | $107,183 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,364,871 | TotalAmt |
| Program Services | $3,340,141 | ProgramServicesAmt |
| Management And General | $872,485 | ManagementAndGeneralAmt |
| Fundraising | $152,245 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $966,497 | TotalAmt |
| Program Services | $705,567 | ProgramServicesAmt |
| Management And General | $164,724 | ManagementAndGeneralAmt |
| Fundraising | $96,206 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,334 | TotalAmt |
| Program Services | $2,680 | ProgramServicesAmt |
| Management And General | $11,134 | ManagementAndGeneralAmt |
| Fundraising | $2,520 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,977,052 | TotalAmt |
| Program Services | $1,249,598 | ProgramServicesAmt |
| Management And General | $577,985 | ManagementAndGeneralAmt |
| Fundraising | $149,469 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $593,934 | TotalAmt |
| Program Services | $434,272 | ProgramServicesAmt |
| Management And General | $100,448 | ManagementAndGeneralAmt |
| Fundraising | $59,214 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $695,245 | TotalAmt |
| Program Services | $508,123 | ProgramServicesAmt |
| Management And General | $117,838 | ManagementAndGeneralAmt |
| Fundraising | $69,284 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,157,236 | TotalAmt |
| Program Services | $790,812 | ProgramServicesAmt |
| Management And General | $263,627 | ManagementAndGeneralAmt |
| Fundraising | $102,797 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,817,466 | TotalAmt |
| Program Services | $1,241,986 | ProgramServicesAmt |
| Management And General | $414,036 | ManagementAndGeneralAmt |
| Fundraising | $161,444 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $304,958 | TotalAmt |
| Program Services | $148,314 | ProgramServicesAmt |
| Management And General | $137,357 | ManagementAndGeneralAmt |
| Fundraising | $19,287 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STORAGE AND CONSERVATIO | $679,618 | $496,138 | $115,830 | $67,650 |
| SHIPPING AND POSTAGE | $664,992 | $461,867 | $134,651 | $68,474 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,831,350 | TotalAmt |
| Program Services | $22,487,558 | ProgramServicesAmt |
| Management And General | $7,233,700 | ManagementAndGeneralAmt |
| Fundraising | $3,110,092 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,165,595 | BOYAmt |
| EOY | $6,823,886 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,283,605 | BOYAmt |
| EOY | $17,798,448 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,730,086 | BOYAmt |
| EOY | $3,868,644 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,068,256 | BOYAmt |
| EOY | $2,742,497 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $624,246 | BOYAmt |
| EOY | $992,850 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,708,742 | BOYAmt |
| EOY | $1,212,134 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $87,025,598 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $48,610,525 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,334,149 | BOYAmt |
| EOY | $38,415,073 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,679,290 | BOYAmt |
| EOY | $20,119,100 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,919,719 | BOYAmt |
| EOY | $116,540,163 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $5,980,404 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $213,513,688 | BOYAmt |
| EOY | $214,493,199 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,955,889 | BOYAmt |
| EOY | $3,954,357 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $440,137 | BOYAmt |
| EOY | $251,459 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,920,085 | BOYAmt |
| EOY | $29,940,064 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $363,129 | BOYAmt |
| EOY | $5,424,084 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,679,240 | BOYAmt |
| EOY | $39,569,964 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,668,177 | BOYAmt |
| EOY | $120,663,984 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,166,271 | BOYAmt |
| EOY | $54,259,251 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,834,448 | BOYAmt |
| EOY | $174,923,235 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $213,513,688 | BOYAmt |
| EOY | $214,493,199 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$13,603,303 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $9,632,416 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$940,326 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,005,581 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,267,926 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,836,657 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $28,908,722 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,684,425 | CurrentTaxYearAmt |
| Total | $91,703,311 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,005,581 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,267,926 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,836,657 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $28,908,722 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,684,425 | CurrentTaxYearAmt |
| Total | $91,703,311 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $13,565,443 | SubstantialContributorsTotAmt |
| Public Support Total170 | $78,137,868 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $437,636 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $834,717 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,478,704 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,399,286 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,302,267 | CurrentTaxYearAmt |
| Total | $5,452,610 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,304 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,615 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $86,421 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $139,558 | CurrentTaxYearAmt |
| Total | $247,898 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $851,067 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,087,597 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $231,055 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $883,024 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,556,258 | CurrentTaxYearAmt |
| Total | $9,609,001 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $107,012,820 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $24,421,459 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.73020 | PublicSupportCY170Pct |
| Public Support PY170 | 0.74090 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,056,006 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,983,476 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $839,499 | OtherExpendituresAmt |
| End Year Balance | $22,199,983 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,814,510 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$3,753,430 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,005,074 | OtherExpendituresAmt |
| End Year Balance | $21,056,006 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,736,032 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $5,874,518 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $796,040 | OtherExpendituresAmt |
| End Year Balance | $25,814,510 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,358,230 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $264,842 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $887,040 | OtherExpendituresAmt |
| End Year Balance | $20,736,032 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,633,985 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $625,222 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $900,977 | OtherExpendituresAmt |
| End Year Balance | $21,358,230 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.79066 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.20934 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,523,258 | OtherCostOrOtherBasisAmt |
| Book Value | $3,523,258 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $72,953,016 | OtherCostOrOtherBasisAmt |
| Depreciation | $38,248,476 | DepreciationAmt |
| Book Value | $34,704,540 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,549,324 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,362,049 | DepreciationAmt |
| Book Value | $187,275 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $38,415,073 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| OFFSHORE COMMON STOCK FUNDS MUTUAL FUNDS | $92,116,969 | F |
| INTERNATIONAL EQUITIES MUTUAL FUNDS | $21,554,978 | F |
| MID CAP EQUITIES MUTUAL FUNDS | $1,460,216 | F |
| MULTIFAMILY PORTFOLIO LTD PARTNERSHIP | $1,408,000 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $116,540,163 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| RENTAL DEPOSITS | $353,318 |
| LEASE LIABILITES - OPERATING | $5,070,766 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,424,084 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $29,215,801 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $9,632,416 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $26,307 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$940,326 | OtherRevenueAmt |
| Revenue Not Reported | $8,718,397 | RevenueNotReportedAmt |
| Revenue Subtotal | $20,497,404 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $269,363 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$1,538,720 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$1,269,357 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $19,228,047 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $34,127,014 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $26,307 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $1,538,720 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,565,027 | ExpensesNotReportedAmt |
| Expenses Subtotal | $32,561,987 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $269,363 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $269,363 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $32,831,350 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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, 2023 AND 2022. |
| PART III, LINE 4: | THE COLLECTION IS COMPRISED OF OVER 5,500 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 XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SWAPS 1,114,059. COLLECTION ACCESSIONS -2,054,385. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | COST OF GOODS SOLD -1,439,135. RENTAL EXPENSE -99,585. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 1,439,135. RENTAL EXPENSE 99,585. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (20 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | ARTIST FEES | $6,000 |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | ARTIST FEES | $30,160 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | CONSULTANT | $346 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | EXHIBITION LOAN FEES | $13,354 |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | EXHIBITION LOAN FEES | $1,696 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | SOFTWARE | $4,000 |
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | INVESTMENTS | $46,430,300 | |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | INVESTMENTS | $2,136,769 | |
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | PROGRAM SERVICES | CONTRACTOR | $3,209 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | CONTRACTOR | $3,646 |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | CONTRACTOR | $3,858 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | ROYALTIES | $3,656 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | SHIPPING | $50,492 |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | SHIPPING | $52,683 |
| SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, | 0 | 0 | PROGRAM SERVICES | ARTIST FEES | $1,500 |
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | PROGRAM SERVICES | ARTIST FEES | $19,258 |
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | PROGRAM SERVICES | CONSULTANT | $10,553 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | ART | $12,586 |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | ART | $135,000 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | CONSERVATION | $1,182 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $48,622,625 | SubtotalSpentAmt |
| Continuation Spent | $297,623 | ContinuationSpentAmt |
| Total Spent | $48,920,248 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| TJ MARIE CONSULTING | ||||||||
| 1 EAST ERIE STREET SUITE 525-4847 | CHICAGO | IL | 60611 | FUNDRAISING CONSULTANT | 0 | $0 | $254,064 | $0 |
| SHARON ROBERSON-EVANS | ||||||||
| 1973 CASE ST | TWINSBURG | OH | 44087 | FUNDRAISING CONSULTANT | 0 | $0 | $10,809 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $264,873 | TotalRetainedByContractorsAmt |
| Licensed States | IL | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ARTEDGE | Event1Nm |
| Gross Receipts Event1 | $1,331,835 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,187,997 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $143,838 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $134,956 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $161,000 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $594,217 | OtherDirectExpensesEvent1Amt |
| Event2 | VERNISSAGE | Event2Nm |
| Gross Receipts Event2 | $280,584 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $168,712 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $111,872 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $84,934 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $24,716 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $670,603 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $618,063 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $52,540 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $34,878 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $381,199 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $2,283,022 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,974,772 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $308,250 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $254,768 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $161,000 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $1,000,132 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $1,415,900 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$1,107,650 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MADELEINE GRYNSZTEJN | ||||||||||||||
| PRITZKER DIRECTOR | $784,792 | $0 | $55,000 | $0 | $130,100 | $0 | $40,250 | $0 | $14,502 | $0 | $1,024,644 | $0 | $130,100 | $0 |
| ANNE-MARIE EISCHEN | ||||||||||||||
| CFO - THRU 7/22 | $228,469 | $0 | $5,000 | $0 | $107,430 | $0 | $10,709 | $0 | $9,633 | $0 | $361,241 | $0 | $0 | $0 |
| GWENDOLYN PERRY DAVIS | ||||||||||||||
| CHIEF OPERATING OFFICER | $276,546 | $0 | $35,000 | $0 | $0 | $0 | $13,854 | $0 | $8,516 | $0 | $333,916 | $0 | $0 | $0 |
| LISA KEY | ||||||||||||||
| CHIEF INSTITUTIONAL ADVANCEMENT OFFI | $270,027 | $0 | $5,000 | $0 | $0 | $0 | $14,064 | $0 | $18,910 | $0 | $308,001 | $0 | $0 | $0 |
| RENE MORALES | ||||||||||||||
| CHIEF CURATOR | $240,877 | $0 | $5,000 | $0 | $0 | $0 | $0 | $0 | $18,969 | $0 | $264,846 | $0 | $0 | $0 |
| LAURA HERRERA | ||||||||||||||
| CHIEF COMMUNICATIONS AND CONTENT OFF | $196,552 | $0 | $10,000 | $0 | $0 | $0 | $0 | $0 | $24,055 | $0 | $230,607 | $0 | $0 | $0 |
| JOSHUA MANN | ||||||||||||||
| SENIOR DIRECTOR OF PEOPLE AND CULTUR | $154,583 | $0 | $5,000 | $0 | $0 | $0 | $7,327 | $0 | $15,386 | $0 | $182,296 | $0 | $0 | $0 |
| CLAIRE RUUD | ||||||||||||||
| DIRECTOR OF CURATORIAL AFFAIRS | $166,320 | $0 | $5,000 | $0 | $0 | $0 | $8,638 | $0 | $842 | $0 | $180,800 | $0 | $0 | $0 |
| NINA YUNG | ||||||||||||||
| DIRECTOR OF DEVELOPMENT | $150,299 | $0 | $5,000 | $0 | $0 | $0 | $7,157 | $0 | $735 | $0 | $163,191 | $0 | $0 | $0 |
| GINA CROWLEY | ||||||||||||||
| SENIOR DIRECTOR OF AUDIENCE EXPERIEN | $147,192 | $0 | $5,000 | $0 | $0 | $0 | $7,327 | $0 | $2,338 | $0 | $161,857 | $0 | $0 | $0 |
| COLETTE CUSTIN BEVARD | ||||||||||||||
| DIRECTOR OF INFORMATION TECHNOLOGY | $147,641 | $0 | $5,000 | $0 | $0 | $0 | $0 | $0 | $8,180 | $0 | $160,821 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE 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-B | LINE 4A: THE FOLLOWING INDIVIDUAL RECEIVED A SEVERANCE PAYMENT DURING THE YEAR: ANNE-MARIE EISCHEN, CHIEF FINANCIAL OFFICER, IN THE AMOUNT OF $107,430. THE SEVERANCE AMOUNT WAS PAID IN DECEMBER 2022. 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. DURING CALENDAR YEAR 2022, THERE WERE DISTRIBUTIONS OF $130,100 FROM THE PLAN TO MADELEINE GRYNSZTEJN, THE PRITZKER DIRECTOR. |
| PART I, LINE 7 | BONUSES ARE PAID DURING THE YEAR AT THE DISCRETION OF MANAGEMENT. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ILLINOIS FINANCE AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 861091967 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2016-10-27 | BondIssuedDt |
| Issue Price | $30,000,000 | IssuePriceAmt |
| Purpose | REFINANCE ILLINOIS DEVELOPMENT AUTHORITY REVENUE BONDS SERIES 1994 | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $30,000,000 | TotalProceedsAmt |
| Other Spent Proceeds | $30,000,000 | OtherSpentProceedsAmt |
| Substantial Completion | 2016 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.04990 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.04990 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | Yes (1) | Form8038TFiledInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 21 | ContributionCnt |
| Noncash Contributions Rpt F990 | $376,563 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | TRANSFERRED VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THE 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 11B | REVIEW 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 12C | THE 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 15 | THE 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 19 | UPON REQUEST, THE MUSEUM WILL PROVIDE A PUBLIC DISCLOSURE COPY OF THE 990. |
| FORM 990, PART IX, LINE 11G | CONTRACT LABOR: PROGRAM SERVICE EXPENSES 1,417,180. MANAGEMENT AND GENERAL EXPENSES 375,380. FUNDRAISING EXPENSES 143,914. TOTAL EXPENSES 1,936,474. CONTRACT LABOR - SECURITY: PROGRAM SERVICE EXPENSES 1,689,841. MANAGEMENT AND GENERAL EXPENSES 432,366. FUNDRAISING EXPENSES 171,603. TOTAL EXPENSES 2,293,810. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SWAP 1,114,059. COLLECTION ACQUISITIONS -2,054,385. |