2024-03-01T17:12:04-06:00 2023-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2022-07-01 366154098 MUSEUM OF CONTEMPORARY ART MUSE 3123973808 220 EAST CHICAGO AVENUE CHICAGO IL 60611 WES MORAN CHIEF FINANCIAL OFFICER 3123973808 2024-02-28 1 WES MORAN 999009999 1 DAVID LOWENTHAL P00378651 3122071040 2024-02-28 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WES MORAN 220 EAST CHICAGO AVENUE CHICAGO IL 60611 44595292 0 X WWW.MCACHICAGO.ORG X 1964 IL ENHANCE APPRECIATION OF CONTEMPORARY ART THROUGH EDUCATION, PROGRAMMING AND EXHIBITIONS. 70 69 185 80 139558 0 28908722 14985788 1772750 1747246 -1047930 932482 -1184115 1562531 28449427 19228047 0 0 0 0 10467139 13853422 0 264873 3110092 14084068 18713055 24551207 32831350 3898220 -13603303 213513688 214493199 33679240 39569964 179834448 174923235 X 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. 0 0 18387800 3066254 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). 2480595 49931 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. 1619163 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. 22487558 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 225 0 1 185 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 70 69 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X WES MORAN 3123973808 220 E CHICAGO AVE CHICAGO IL 60611 MADELEINE GRYNSZTEJN PRITZKER DIRECTOR 40.00 0.00 X X 969892 0 54752 CARI B SACKS BOARD CHAIR AND TRUSTEE 10.00 0.00 X X 0 0 0 MICHAEL O'GRADY VICE CHAIR AND TRUSTEE 5.00 0.00 X X 0 0 0 ANNE L KAPLAN VICE CHAIR AND TRUSTEE 5.00 0.00 X X 0 0 0 ELLEN-BLAIR CHUBE VICE CHAIR AND TRUSTEE 5.00 0.00 X X 0 0 0 NICKOL R HACKETT VICE CHAIR AND TRUSTEE 5.00 0.00 X X 0 0 0 LESLIE BLUHM SECRETARY AND TRUSTEE 5.00 0.00 X X 0 0 0 PEDRO WEISS TREASURER AND TRUSTEE 5.00 0.00 X X 0 0 0 SARA ALBRECHT TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL ALPER TRUSTEE 2.00 0.00 X 0 0 0 PETER J BARACK TRUSTEE 2.00 0.00 X 0 0 0 ROB BELLICK TRUSTEE 2.00 0.00 X 0 0 0 JULIE BERNSTEIN TRUSTEE 2.00 0.00 X 0 0 0 MARLENE BRESLOW- BLITSTEIN TRUSTEE 2.00 0.00 X 0 0 0 MARC BROOKS TRUSTEE 2.00 0.00 X 0 0 0 ROBERT BUFORD TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL CANMANN TRUSTEE 2.00 0.00 X 0 0 0 CAROL COHEN TRUSTEE 2.00 0.00 X 0 0 0 TARRAH COOPER WRIGHT TRUSTEE 2.00 0.00 X 0 0 0 NANCY CROWN TRUSTEE 2.00 0.00 X 0 0 0 DIMITRIS DASKALOPOULOS TRUSTEE 2.00 0.00 X 0 0 0 ROBERT H DEFARES TRUSTEE 2.00 0.00 X 0 0 0 LISA DUARTE TRUSTEE 2.00 0.00 X 0 0 0 CHERYL S DURST TRUSTEE 2.00 0.00 X 0 0 0 LOIS EISEN TRUSTEE 2.00 0.00 X 0 0 0 DR JULIUS FEW TRUSTEE 2.00 0.00 X 0 0 0 LARRY FIELDS TRUSTEE 2.00 0.00 X 0 0 0 NICHOLAS GIAMPIETRO TRUSTEE 2.00 0.00 X 0 0 0 JACK GUTHMAN TRUSTEE 2.00 0.00 X 0 0 0 RACHEL GRUND TRUSTEE 2.00 0.00 X 0 0 0 JOHN B HARRIS TRUSTEE 2.00 0.00 X 0 0 0 KING HARRIS TRUSTEE 2.00 0.00 X 0 0 0 JANAINA HEES TRUSTEE 2.00 0.00 X 0 0 0 CYNTHIA HUNT TRUSTEE 2.00 0.00 X 0 0 0 LIZ LEFKOFSKY TRUSTEE 2.00 0.00 X 0 0 0 JONATHAN LEVIN TRUSTEE 2.00 0.00 X 0 0 0 RON LEVIN TRUSTEE 2.00 0.00 X 0 0 0 JAMES H LITINSKY TRUSTEE 2.00 0.00 X 0 0 0 MARQUIS D MILLER TRUSTEE 2.00 0.00 X 0 0 0 CARRIES REYES MURPHY TRUSTEE 2.00 0.00 X 0 0 0 MARTIN NESBITT TRUSTEE 2.00 0.00 X 0 0 0 ASHLEY HEMPHILL NETZKY TRUSTEE 2.00 0.00 X 0 0 0 JAY OWEN JR TRUSTEE 2.00 0.00 X 0 0 0 CAROL PRINS TRUSTEE 2.00 0.00 X 0 0 0 NATHANIEL ROBINSON TRUSTEE 2.00 0.00 X 0 0 0 EVE ROGERS TRUSTEE 2.00 0.00 X 0 0 0 JOSHUA ROGERS TRUSTEE 2.00 0.00 X 0 0 0 ILAN SHALIT TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM SILVERSTEIN TRUSTEE 2.00 0.00 X 0 0 0 SARA SZOLD TRUSTEE 2.00 0.00 X 0 0 0 NIGEL F TELMAN TRUSTEE 2.00 0.00 X 0 0 0 DIA S WEIL TRUSTEE 2.00 0.00 X 0 0 0 I JOYCE YAUNG TRUSTEE 2.00 0.00 X 0 0 0 DANIEL YIH TRUSTEE 2.00 0.00 X 0 0 0 HELEN ZELL TRUSTEE 2.00 0.00 X 0 0 0 JOHN D CARTLAND LIFE TRUSTEE 2.00 0.00 X 0 0 0 MARSHALL FRONT LIFE TRUSTEE 2.00 0.00 X 0 0 0 HELYN D GOLDENBERG LIFE TRUSTEE 2.00 0.00 X 0 0 0 JAMES A GORDON LIFE TRUSTEE 2.00 0.00 X 0 0 0 WILLAM HOOD LIFE TRUSTEE 2.00 0.00 X 0 0 0 MARY ITTELSON LIFE TRUSTEE 2.00 0.00 X 0 0 0 DON KAUL LIFE TRUSTEE 2.00 0.00 X 0 0 0 SALLY MEYERS KOVER LIFE TRUSTEE 2.00 0.00 X 0 0 0 GAEL NEESON LIFE TRUSTEE 2.00 0.00 X 0 0 0 PENNY PRITZKER LIFE TRUSTEE 2.00 0.00 X 0 0 0 DORIE STERNBERG LIFE TRUSTEE 2.00 0.00 X 0 0 0 DARYL GERBER STOKOLS LIFE TRUSTEE 2.00 0.00 X 0 0 0 DONNA A STONE LIFE TRUSTEE 2.00 0.00 X 0 0 0 MARJORIE SUSMAN LIFE TRUSTEE 2.00 0.00 X 0 0 0 ALLEN M TURNER LIFE TRUSTEE 2.00 0.00 X 0 0 0 GWENDOLYN PERRY DAVIS CHIEF OPERATING OFFICER 40.00 0.00 X 311546 0 22370 LISA KEY CHIEF INSTITUTIONAL ADVANCEMENT OFFICER 40.00 0.00 X 275027 0 32974 ANNE-MARIE EISCHEN CFO - THRU 7/22 40.00 0.00 X 340899 0 20342 LAURA HERRERA CHIEF COMMUNICATIONS AND CONTENT OFFICER 40.00 0.00 X 206552 0 24055 KATHLEEN HECHINGER INTERIM CFO - THRU 6/23 40.00 0.00 X 112175 0 0 WES MORAN CFO - BEG 6/23 40.00 0.00 X 0 0 0 RENE MORALES CHIEF CURATOR 40.00 0.00 X 245877 0 18969 CLAIRE RUUD DIRECTOR OF CURATORIAL AFFAIRS 40.00 0.00 X 171320 0 9480 JOSHUA MANN SENIOR DIRECTOR OF PEOPLE AND CULTURE 40.00 0.00 X 159583 0 22713 NINA YUNG DIRECTOR OF DEVELOPMENT 40.00 0.00 X 155299 0 7892 GINA CROWLEY SENIOR DIRECTOR OF AUDIENCE EXPERIENCE 40.00 0.00 X 152192 0 9665 COLETTE CUSTIN BEVARD DIRECTOR OF INFORMATION TECHNOLOGY 40.00 0.00 X 152641 0 8180 3253003 0 231392 23 0 1 0 SECURITAS SECURITY USA INC 12672 COLLECTIONS CENTER DRIVE CHICAGO IL 606930126 SECURITY SERVICES 2402630 ABM INDUSTRY GROUPS LLC PO BOX 74008829 CHICAGO IL 60674 HVAC CONTRACTOR 1358167 US ART COMPANY INC 78 PACELLA PARK DRIVE RANDOLPH MA 02368 ART STORAGE 906904 EUROPEAN PAINTING & DECORATING INC 21 S WILDWOOD PROSPEVT HEIGHTS IL 60070 CONTRACT LABOR 285562 FROST LIGHTING INC 830 WEST 40TH ST CHICAGO IL 60609 AUDIO VISUAL SERVICES 267423 25 458434 1974772 2443979 10108603 376563 14985788 ADMISSIONS 712110 1265171 1265171 EXHIBITIONS 712110 432144 432144 PERFORMANCE 712110 49931 49931 1747246 904141 904141 671713 83502 99585 0 572128 83502 655630 18554 64948 572128 22440966 22412625 28341 28341 28341 308250 1974772 1415900 -1107650 -1107650 2864130 1439135 1424995 1350385 74610 PARKING GARAGE 712110 316766 316766 FOOD SERVICE 712110 248378 248378 MISCELLANEOUS 900099 24412 24412 589556 19228047 3116185 139558 986516 X 2635430 322498 2235932 77000 9377837 7976150 228691 1172996 178540 161557 -2424 19407 861987 662452 99764 99771 799628 559003 156727 83898 175746 128540 34153 13053 105076 76852 20420 7804 264873 264873 269363 269363 4230284 3107021 807746 315517 694383 113987 473213 107183 4364871 3340141 872485 152245 966497 705567 164724 96206 16334 2680 11134 2520 1977052 1249598 577985 149469 593934 434272 100448 59214 695245 508123 117838 69284 1157236 790812 263627 102797 1817466 1241986 414036 161444 304958 148314 137357 19287 STORAGE AND CONSERVATIO 679618 496138 115830 67650 SHIPPING AND POSTAGE 664992 461867 134651 68474 32831350 22487558 7233700 3110092 20165595 6823886 13283605 17798448 2730086 3868644 3068256 2742497 624246 992850 1708742 1212134 87025598 48610525 39334149 38415073 29679290 20119100 102919719 116540163 0 5980404 213513688 214493199 2955889 3954357 440137 251459 29920085 29940064 363129 5424084 33679240 39569964 X 123668177 120663984 56166271 54259251 179834448 174923235 213513688 214493199 X -13603303 9632416 -940326 X 0 1 X 1 0 X 20005581 12267926 15836657 28908722 14684425 91703311 20005581 12267926 15836657 28908722 14684425 91703311 13565443 78137868 437636 834717 1478704 1399286 1302267 5452610 5304 16615 0 86421 139558 247898 851067 6087597 231055 883024 1556258 9609001 107012820 24421459 0.73020 0.74090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 21056006 1983476 839499 22199983 25814510 -3753430 1005074 21056006 20736032 5874518 796040 25814510 21358230 264842 887040 20736032 21633985 625222 900977 21358230 0.00000 0.79066 0.20934 0 0 3523258 3523258 72953016 38248476 34704540 10549324 10362049 187275 38415073 OFFSHORE COMMON STOCK FUNDS MUTUAL FUNDS 92116969 F INTERNATIONAL EQUITIES MUTUAL FUNDS 21554978 F MID CAP EQUITIES MUTUAL FUNDS 1460216 F MULTIFAMILY PORTFOLIO LTD PARTNERSHIP 1408000 C 116540163 RENTAL DEPOSITS 353318 LEASE LIABILITES - OPERATING 5070766 5424084 29215801 9632416 26307 -940326 8718397 20497404 269363 -1538720 -1269357 19228047 34127014 26307 1538720 1565027 32561987 269363 269363 32831350 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. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES ARTIST FEES 6000 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES ARTIST FEES 30160 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 13354 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES EXHIBITION LOAN FEES 1696 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES SOFTWARE 4000 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 46430300 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 2136769 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES CONTRACTOR 3209 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES CONTRACTOR 3646 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES CONTRACTOR 3858 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES ROYALTIES 3656 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES SHIPPING 50492 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES SHIPPING 52683 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES ARTIST FEES 1500 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES ARTIST FEES 19258 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES CONSULTANT 10553 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES ART 12586 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES ART 135000 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES CONSERVATION 1182 0 0 0 0 0 0 48622625 297623 48920248 1 0 0 1 1 0 PART III ACCOUNTING METHOD: X 1 TJ MARIE CONSULTING 1 EAST ERIE STREET SUITE 525-4847 CHICAGO IL 60611 FUNDRAISING CONSULTANT 0 0 254064 0 SHARON ROBERSON-EVANS 1973 CASE ST TWINSBURG OH 44087 FUNDRAISING CONSULTANT 0 0 10809 0 264873 IL ARTEDGE 1331835 1187997 143838 134956 161000 594217 VERNISSAGE 280584 168712 111872 84934 24716 3 670603 618063 52540 34878 381199 2283022 1974772 308250 254768 161000 1000132 1415900 -1107650 X X X X X 1 1 0 0 0 0 0 1 0 MADELEINE GRYNSZTEJN PRITZKER DIRECTOR 784792 0 55000 0 130100 0 40250 0 14502 0 1024644 0 130100 0 ANNE-MARIE EISCHEN CFO - THRU 7/22 228469 0 5000 0 107430 0 10709 0 9633 0 361241 0 0 0 GWENDOLYN PERRY DAVIS CHIEF OPERATING OFFICER 276546 0 35000 0 0 0 13854 0 8516 0 333916 0 0 0 LISA KEY CHIEF INSTITUTIONAL ADVANCEMENT OFFI 270027 0 5000 0 0 0 14064 0 18910 0 308001 0 0 0 RENE MORALES CHIEF CURATOR 240877 0 5000 0 0 0 0 0 18969 0 264846 0 0 0 LAURA HERRERA CHIEF COMMUNICATIONS AND CONTENT OFF 196552 0 10000 0 0 0 0 0 24055 0 230607 0 0 0 JOSHUA MANN SENIOR DIRECTOR OF PEOPLE AND CULTUR 154583 0 5000 0 0 0 7327 0 15386 0 182296 0 0 0 CLAIRE RUUD DIRECTOR OF CURATORIAL AFFAIRS 166320 0 5000 0 0 0 8638 0 842 0 180800 0 0 0 NINA YUNG DIRECTOR OF DEVELOPMENT 150299 0 5000 0 0 0 7157 0 735 0 163191 0 0 0 GINA CROWLEY SENIOR DIRECTOR OF AUDIENCE EXPERIEN 147192 0 5000 0 0 0 7327 0 2338 0 161857 0 0 0 COLETTE CUSTIN BEVARD DIRECTOR OF INFORMATION TECHNOLOGY 147641 0 5000 0 0 0 0 0 8180 0 160821 0 0 0 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. A ILLINOIS FINANCE AUTHORITY 861091967 000000000 2016-10-27 30000000 REFINANCE ILLINOIS DEVELOPMENT AUTHORITY REVENUE BONDS SERIES 1994 0 0 0 A 30000000 30000000 2016 1 0 1 1 A 0 0 0 0 0.00000 0.04990 0.04990 0 0 1 A 1 1 0 0 0 0 A 0 X 1 0 X 21 376563 TRANSFERRED VALUE 0 1 0 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). 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.