2023-03-20T14:08:09-05:00 2022-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2021-07-01 362167814 THE NEWBERRY LIBRARY NEWB 3129439090 60 WEST WALTON STREET CHICAGO IL 60610 SHARON WALTON VP FOR FINANCE/ADMINISTRATION 3129439090 2023-03-16 1 SHARON WALTON XXX-XX-XXXX KIMBERLY A HAUMANN P00546491 3122071040 2023-03-16 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DANIEL GREENE 60 WEST WALTON STREET CHICAGO IL 60610 17212338 0 X WWW.NEWBERRY.ORG X 1892 IL THE NEWBERRY LIBRARY - FREE AND OPEN TO THE PUBLIC - FOSTERS A DEEPER UNDERSTANDING OF OUR WORLD BY INSPIRING RESEARCH AND LEARNING IN THE HUMANITIES AND ENCOURAGING CONVERSATIONS ABOUT IDEAS THAT MATTER TO DIVERSE AUDIENCES. OUR MISSION IS ROOTED IN A GROWING AND ACCESSIBLE COLLECTION OF RARE AND HISTORICAL MATERIALS THAT SPANS MORE THAN SIX CENTURIES OF HUMAN EXPERIENCE. 49 49 113 121 0 0 8010097 10361468 503284 1045905 3449367 2560199 213951 498358 12176699 14465930 595880 1131852 0 0 6326284 6929774 0 0 884638 4041325 5667325 10963489 13728951 1213210 736979 118252964 102026436 9010462 7485628 109242502 94540808 X THE NEWBERRY LIBRARY, OPEN TO THE PUBLIC WITHOUT CHARGE, IS AN INDEPENDENT RESEARCH LIBRARY DEDICATED TO ADVANCEMENT AND DISSEMINATION OF KNOWLEDGE, ESPECIALLY IN THE HUMANITIES. THE NEWBERRY ACQUIRES AND PRESERVES A BROAD ARRAY OF SPECIAL COLLECTIONS RESEARCH MATERIALS RELATING TO THE CIVILIZATIONS OF EUROPE AND THE AMERICAS. IT PROMOTES AND PROVIDES FOR THEIR EFFECTIVE USE, FOSTERING RESEARCH, TEACHING, PUBLICATION, AND LIFE LONG LEARNING, AS WELL AS CIVIC ENGAGEMENT. IN SERVICE TO ITS DIVERSE COMMUNITY, THE NEWBERRY ENCOURAGES INTELLECTUAL PURSUIT IN AN ATMOSPHERE OF FREE INQUIRY AND SUSTAINS THE HIGHEST STANDARDS OF COLLECTION PRESERVATION, BIBLIOGRAPHIC ACCESS, AND READER SERVICES. 0 0 8715123 1131852 1227395 OUR DEDICATED LIBRARIANS, CURATORS, CATALOGERS, AND CONSERVATORS REMAINED TIRELESS IN THEIR WORK TO SERVE READERS, GROW AND CARE FOR THE COLLECTION, AND EXPAND ACCESS TO DIGITAL TOOLS.ITEMS CATALOGED: 4,051ITEMS TREATED BY CONSERVATION: 1,278INDIVIDUALS REGISTERED AS NEW NEWBERRY READERS: 2,685ITEMS REQUESTED FOR USE IN READING ROOMS: 11,5902,612 UNIQUE READER VISITS TO READING ROOMS: 6,539 TOTAL VISITSREFERENCE REQUESTS FIELDED BY NEWBERRY LIBRARIANS AND CURATORS: 8,188EXHIBITIONS, PUBLIC PROGRAMS, AND ADULT EDUCATION CLASSES ARE A FIRST POINT OF CONTACT FOR MANY PEOPLE WHO ENGAGE WITH OUR COMMUNITY. THIS YEAR, WE RESUMED IN-PERSON PROGRAMMING, WHILE CONTINUING TO OFFER VIRTUAL AND HYBRID PROGRAMMING.ADULT EDUCATION SEMINARS PARTICIPANTS: 2,011 (93% VIRTUAL AND 7% IN PERSON)PUBLIC PROGRAMS ATTENDEES: 5,561 (63% VIRTUAL AND 37% IN PERSON)EXHIBITION HALL VISITORS: 21,471SOCIAL MEDIA PLATFORM FOLLOWERS: 76,951DIGITAL COLLECTIONS FOR CLASSROOM SITE USERS: 39,000PROFESSIONAL DEVELOPMENT SEMINARS EDUCATOR ATTENDEES: 547LONG-TERM FELLOWS IN RESIDENCE: 15SHORT-TERM FELLOWS IN RESIDENCE: 37ATTENDEES AT SCHOLARLY SEMINARS: 1,268 8715123 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 1 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 215 0 1 113 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 49 49 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X SHARON WALTON 3122553567 60 WEST WALTON STREET CHICAGO IL 60610 DANIEL A GREENE PRESIDENT & LIBRARIAN 35.00 0.00 X 337621 0 13063 LAURA M MCGRADY VP, FINANCE & ADMIN. 35.00 0.00 X 218321 0 10787 ALICE D SCHREYER VP, COLLECTIONS AND LIBRARY SERVICES 35.00 0.00 X 206490 0 15598 KAMILA FARSHCHI DIRECTOR, INFORMATION TECHNOLOGY 35.00 0.00 X 110940 0 20098 MEREDITH L PETROV VP, DEVELOPMENT 35.00 0.00 X 106123 0 10802 BURTON X ROSENBERG CHAIR 1.00 0.00 X X 0 0 0 ROBERT A HOLLAND VICE CHAIR 1.00 0.00 X X 0 0 0 GAIL KERN PASTER VICE CHAIR 1.00 0.00 X X 0 0 0 MICHAEL A POPE VICE CHAIR 1.00 0.00 X X 0 0 0 DAVID B SMITH JR TREASURER 1.00 0.00 X X 0 0 0 GREGORY L BARTON SECRETARY 1.00 0.00 X X 0 0 0 ROGER BASKES TRUSTEE 1.00 0.00 X 0 0 0 T KIMBALL BROOKER TRUSTEE 1.00 0.00 X 0 0 0 JOAN BRODSKY TRUSTEE 1.00 0.00 X 0 0 0 FRANK CICERO JR TRUSTEE 1.00 0.00 X 0 0 0 LEWIS COLLENS TRUSTEE 1.00 0.00 X 0 0 0 MADELEINE CONDIT GLOSSBERG TRUSTEE (THRU 10/7/21) 1.00 0.00 X 0 0 0 ANTHONY DEAN TRUSTEE 1.00 0.00 X 0 0 0 CELINE FITZGERALD TRUSTEE 1.00 0.00 X 0 0 0 LOUISE R GLASSER TRUSTEE 1.00 0.00 X 0 0 0 RICHARD GODFREY TRUSTEE 1.00 0.00 X 0 0 0 HANNA GRAY TRUSTEE 1.00 0.00 X 0 0 0 NEIL HARRIS TRUSTEE 1.00 0.00 X 0 0 0 MARK HAUSBERG TRUSTEE (THRU 10/7/21) 1.00 0.00 X 0 0 0 VICTORIA J HERGET TRUSTEE 1.00 0.00 X 0 0 0 DAVID C HILLIARD TRUSTEE 1.00 0.00 X 0 0 0 CARROLL JOYNES TRUSTEE 1.00 0.00 X 0 0 0 STANLEY N KATZ TRUSTEE 1.00 0.00 X 0 0 0 JAVIER LAGUNA TRUSTEE 1.00 0.00 X 0 0 0 LAWRENCE LIPKING TRUSTEE 1.00 0.00 X 0 0 0 BARRY MACLEAN TRUSTEE 1.00 0.00 X 0 0 0 SONYA MALUNDA TRUSTEE 1.00 0.00 X 0 0 0 JAMES H MARROW TRUSTEE 1.00 0.00 X 0 0 0 ANDREW MCNALLY IV TRUSTEE 1.00 0.00 X 0 0 0 DAVID E MCNEEL TRUSTEE 1.00 0.00 X 0 0 0 MARY MINOW TRUSTEE 1.00 0.00 X 0 0 0 CYNTHIA E MITCHELL TRUSTEE 1.00 0.00 X 0 0 0 JANIS W NOTZ TRUSTEE 1.00 0.00 X 0 0 0 JEAN O'BRIEN TRUSTEE 1.00 0.00 X 0 0 0 ASTRIDA ORLE TANTILLO TRUSTEE 1.00 0.00 X 0 0 0 LISA J PATTIS TRUSTEE 1.00 0.00 X 0 0 0 JEAN E PERKINS TRUSTEE 1.00 0.00 X 0 0 0 EDITH RASMUSSEN AHERN TRUSTEE 1.00 0.00 X 0 0 0 JOHN P ROMPON TRUSTEE 1.00 0.00 X 0 0 0 MARTHA T ROTH TRUSTEE 1.00 0.00 X 0 0 0 RUDY L RUGGLES JR TRUSTEE 1.00 0.00 X 0 0 0 KARLA SCHERER TRUSTEE 1.00 0.00 X 0 0 0 ALYCE SIGLER TRUSTEE 1.00 0.00 X 0 0 0 ADELE SIMMONS TRUSTEE 1.00 0.00 X 0 0 0 RICHARD D SIRAGUSA TRUSTEE 1.00 0.00 X 0 0 0 HAROLD B SMITH TRUSTEE 1.00 0.00 X 0 0 0 NANCY SPAIN TRUSTEE 1.00 0.00 X 0 0 0 CARL STERN TRUSTEE 1.00 0.00 X 0 0 0 KENNETH WARREN TRUSTEE 1.00 0.00 X 0 0 0 CAROL WARSHAWSKY TRUSTEE 1.00 0.00 X 0 0 0 ROBERT WEDGEWORTH JR TRUSTEE 1.00 0.00 X 0 0 0 979495 0 70348 5 0 1 0 SECURITAS SECURITY SERVICES 12672 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 SECURITY 229446 ABM JANITORIAL SERVICES PO BOX 7008829 CHICAGO IL 60674 JANITORIAL 219271 NATIONAL RESTORATION SERVICES 1500 HICKS ROAD SUITE 200 ROLLING MEADOWS IL 60008 MASONRY FACADE REPAIRS 134523 MESIROW INSURANCE SERVICES 29278 NETWORK PLACE CHICAGO IL 60673 INSURANCE 133358 ORANGE LOGIC 19100 WON KARMAN AVE SUITE 900 IRVINE CA 92612 CORTEX SOFTWARE LICENSE FEE 115145 6 415022 240300 3397334 6308812 1304196 10361468 FACILITY RENTAL 532000 365289 365289 REGISTRATIONS 900099 346262 346262 SERVICES TO THE PUBLIC 900099 251690 251690 BOOK ROYALTIES 511130 82664 82664 1045905 1888286 1888286 3309340 2637427 671913 671913 671913 413620 240300 108981 304639 304639 MISCELLANEOUS INCOME 900099 181490 181490 INTEREST ON EMPLOYEE LOAN 900099 12229 12229 193719 14465930 1227395 0 2877067 1022228 1022228 109624 109624 527539 527539 4916884 3434947 974416 507521 227508 136944 72233 18331 887181 606134 217991 63056 370662 240722 93388 36552 592961 150109 442794 58 11946 11946 80515 80515 172704 105782 66922 179792 71851 37789 70152 63857 20310 43547 279167 103183 148406 27578 474542 171310 299079 4153 1413834 1035389 299879 78566 126366 123502 1819 1045 3214 3214 111503 111503 991988 735765 200362 55861 112762 1882 110813 67 SUPPLIES/MINOR EQUIPMEN 546684 136737 388249 21698 BOOK COLLECTIONS 498567 498567 6923 6923 13728951 8715123 4129190 884638 5613109 4740794 532474 601910 2446 1068085 508549 0 56045 51450 169830 234070 49156857 33293870 16832498 15862987 74506138 61189061 19373351 17763505 658524 514574 118252964 102026436 1093222 1038755 253178 255781 1959795 1665752 4400000 4400000 1304267 125340 9010462 7485628 X 42872336 36534978 66370166 58005830 109242502 94540808 118252964 102026436 X 736979 -15329634 -109039 X 0 1 X 1 0 X 12735741 7192854 8149864 8010097 10361468 46450024 12735741 7192854 8149864 8010097 10361468 46450024 6551185 39898839 1642493 1613930 1437676 1669341 1888286 8251726 22113 26186 35387 41259 193719 318664 55020414 5199137 0.72520 0.72180 X PART II, LINE 10 OTHER INCOME INCLUDES INTEREST ON EMPLOYEE LOAN AND INSURANCE PROCEEDS FOR ROOF REPAIRS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 49068477 78911 -6623043 1168035 41356310 40365430 328855 10181078 1806886 49068477 66372018 1162516 2226836 1522541 27873399 40365430 63595042 452250 2979064 654338 66372018 60427526 1271000 3107298 1210782 63595042 0.15350 0.84650 0.00000 0 0 38358995 25079328 13279667 10797862 8214542 2583320 15862987 PRIMUS HIGH YIELD BOND FUND, LP 3525262 F JP MORGAN MULTI-STRATEGY FUND II, LTD 112000 F MACKAY SHIELDS CORE PLUS OPPORTUNITIES 10277893 F PIMCO COMMODITY ALPHA FUND 3848350 F 17763505 ACCRUED GIFT ANNUITY 125340 125340 -1036466 -15329634 -109039 -15438673 14402207 172704 -108981 63723 14465930 13665228 108981 108981 13556247 172704 172704 13728951 PART III, LINE 1A: THE VALUE OF THE NEWBERRY LIBRARY'S COLLECTION IS EXCLUDED FROM THE STATEMENTS OF FINANCIAL POSITION. AN ADDITION TO THE NEWBERRY LIBRARY'S COLLECTION IS MADE EITHER BY A DONATION FROM A BENEFACTOR OR THROUGH A PURCHASE FROM LIBRARY ACQUISITION FUNDS. THE NEWBERRY LIBRARY ACQUISITION FUNDS MAY BE CLASSIFIED AS PERMANENTLY RESTRICTED, FOR WHICH ONLY THE INCOME EARNED ON PRINCIPAL BALANCES MAY BE USED FOR ACQUISITIONS; TEMPORARILY RESTRICTED, FOR WHICH BOTH THE PRINCIPAL AND EARNED INCOME MAY BE USED FOR ACQUISITIONS; OR UNRESTRICTED, REPRESENTING FUNDS DESIGNATED BY THE BOARD TO BE USED FOR ACQUISITIONS. THE SALE OF HOLDINGS FROM THE NEWBERRY LIBRARY'S COLLECTION IS PERFORMED IN ACCORDANCE WITH THE NEWBERRY LIBRARY POLICY, PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE CLASSIFIED AS UNRESTRICTED OR TEMPORARILY RESTRICTED FOR PURCHASE OF ADDITIONAL COLLECTION ITEMS. THE NEWBERRY LIBRARY'S COLLECTION IS PROTECTED, CARED FOR, AND PRESERVED; AND IS SUBJECT TO STRICT POLICIES GOVERNING ITS USE. THE VALUE OF THE NEWBERRY LIBRARY'S COLLECTION IS NOT SUBJECT TO REASONABLE ESTIMATION. PART III, LINE 4: OUR COLLECTIONS INCLUDE 1.6 MILLION BOOKS, 5 MILLION MANUSCRIPT PAGES, AND 0.6 MILLION HISTORIC MAPS. THESE NON-CIRCULATING COLLECTIONS ARE FREE AND OPEN TO THE PUBLIC FOR USE IN SCHOLARLY RESEARCH AND SPAN THE HISTORY AND CULTURE OF WESTERN EUROPE AND THE AMERICAS (MIDDLE AGES PRESENT). COLLECTION STRENGTHS INCLUDE AMERICAN HISTORY AND CULTURE; AMERICAN INDIAN AND INDIGENOUS STUDIES; CHICAGO AND THE MIDWEST; GENEALOGY AND LOCAL HISTORY; HISTORY OF THE BOOK; MAPS, TRAVEL AND EXPLORATION; MEDIEVAL, RENAISSANCE, AND EARLY MODERN STUDIES; MODERN MANUSCRIPTS AND ARCHIVES; PERFORMING ARTS; POSTCARDS; AND RELIGION. PART V, LINE 4: THERE ARE ENDOWMENTS THAT SUPPORT THE PURCHASE OF LIBRARY MATERIALS, SUPPORT FOR CERTAIN DIVISIONS OF THE LIBRARY AND SUPPORT FOR UNRESTRICTED PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DEFERRED GIVING ARRANGEMENT -109,039. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -108,981. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 108,981. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES FELLOWSHIPS AND HONORARIUM 103530 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES FELLOWSHIPS AND HONORARIUM 1794 NORTH AMERICA 0 0 PROGRAM SERVICES FELLOWSHIPS 4300 0 0 0 0 0 0 109624 0 109624 FELLOWSHIP EUROPE (INCLUDING ICELAND & GREENLAND) 5 80100 WIRE TRANSFER HONORARIUM EUROPE (INCLUDING ICELAND & GREENLAND) 5 18430 WIRE TRANSFER FELLOWSHIP EUROPE (INCLUDING ICELAND & GREENLAND) 2 5000 CHECK HONORARIUM MIDDLE EAST AND NORTH AFRICA 1 1794 CHECK FELLOWSHIP NORTH AMERICA 2 4300 WIRE TRANSFER 0 0 0 0 0 0 PART I, LINE 3: EACH GRANT HAS A BUDGET AND A PROGRAM PLAN. THE VICE PRESIDENT FOR FINANCE & ADMINISTRATION AND THE CONTROLLER MONITOR THE BUDGET ON A MONTHLY BASIS. FELLOWSHIPS FROM THE NEWBERRY LIBRARY ARE INTENDED TO BE SPENT AS THE RECIPIENTS DEEM NECESSARY. GENERALLY, THEY ARE USED BY FELLOWS TO SUPPORT HOUSING, FOOD, AND OTHER COSTS ASSOCIATED WITH A PERIOD OF RESEARCH AT THE LIBRARY. PART III ACCOUNTING METHOD: BOOK FAIR 86095 0 86095 10 6742 AWARD DINNER 567825 240300 327525 87224 15005 653920 240300 413620 87234 21747 108981 304639 1 FELLOWSHIPS 149 607685 HONORARIUMS 342 323869 TRAVEL REIMBURSEMENTS 45 89673 PART I, LINE 2: EACH GRANT HAS A BUDGET AND A PROGRAM PLAN. THE VICE PRESIDENT FOR FINANCE/ADMINISTRATION AND THE CONTROLLER MONITOR THE BUDGET ON A MONTHLY BASIS. X X X X 0 0 0 0 0 0 0 1 0 DANIEL A GREENE PRESIDENT & LIBRARIAN 292621 0 45000 0 0 0 0 0 13063 0 350684 0 0 0 LAURA M MCGRADY VP, FINANCE & ADMIN. 203706 0 14615 0 0 0 0 0 10787 0 229108 0 0 0 ALICE D SCHREYER VP, COLLECTIONS AND LIBRARY SERVICES 191579 0 14911 0 0 0 0 0 15598 0 222088 0 0 0 PART I, LINE 7 THE PRESIDENT'S BONUS WAS SET BY THE BOARD; OTHERS WERE SET BY MANAGEMENT. THE BONUSES WERE BASED ON ACCOMPLISHMENTS DURING THE YEAR. X 9 1304196 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE BOARD REVIEWS AND APPROVES FORM 990. A COMPLETE COPY OF THE FORM 990 IS SENT TO THE ENTIRE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF TRUSTEES AND ANY OF ITS COMMITTEES AND MEMBERS OF THE STAFF OF THE NEWBERRY LIBRARY SHALL DISCLOSE ANY CONFLICT OF INTEREST ON AN ANNUAL BASIS BY COMPLETING AND SUBMITTING THE NEWBERRY LIBRARY CONFLICT OF INTEREST DISCLOSURE FORM. THERE IS A FOLLOW-UP TO ENSURE RECEIPT OF THE FORMS FROM ALL THE AFOREMENTIONED INDIVIDUALS. FORM 990, PART VI, SECTION B, LINE 15A THE BY-LAWS OF THE NEWBERRY LIBRARY PROVIDE (IN SECTION 3 OF ARTICLE V) THAT THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES "SHALL AT LEAST ANNUALLY REVIEW THE COMPENSATION OF THE PRESIDENT AND THE LIBRARIAN." WITH RESPECT TO THE NEWBERRY LIBRARY'S ACCOUNTING YEAR WHICH ENDED JUNE 30, 2022, THE EXECUTIVE COMMITTEE, ACTING IN EXECUTIVE SESSION, SET THE COMPENSATION OF THE PRESIDENT AND THE LIBRARIAN. IN SETTING THAT COMPENSATION THE EXECUTIVE COMMITTEE CONSIDERED THE PERFORMANCE OF THE PRESIDENT AND LIBRARIAN TO THAT TIME AS WELL AS COMPARATIVE INFORMATION AVAILABLE TO IT OF THE COMPENSATION OF CHIEF EXECUTIVE OFFICERS OF PEER INSTITUTIONS AND OTHER NON-PROFIT ORGANIZATIONS IN THE CHICAGO AREA. THE EXECUTIVE COMMITTEE IS AWARE OF THE REQUIREMENTS WITH RESPECT TO THE REVIEW OF EXECUTIVE COMPENSATION WHICH ARE SET OUT IN THE INSTRUCTIONS TO INTERNAL REVENUE SERVICE FORM 990 AND BELIEVES IT HAS FULFILLED SUCH REQUIREMENTS WITH RESPECT TO THE NEWBERRY LIBRARY'S YEAR ENDED JUNE 30, 2022. THE EXECUTIVE COMMITTEE HAS DESIGNATED ITSELF AS THE "COMPENSATION COMMITTEE" AS THAT TERM IS USED IN SAID INSTRUCTIONS. NO INDEPENDENT COMPENSATION CONSULTANT HAS ADVISED THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE NEWBERRY LIBRARY MAKES ALL OF ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: DEFERRED GIVING ARRANGEMENTS -109,039.