2023-03-29T10:24:23-05:00 2022-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2021-07-01 366154098 MUSEUM OF CONTEMPORARY ART MUSE 3123973808 220 EAST CHICAGO AVENUE CHICAGO IL 60611 GWENDOLYN PERRY DAVIS CHIEF OPERATING OFFICER 3123973808 2023-03-22 1 GWENDOLYN PERRY DAVIS 999009999 DAVID LOWENTHAL P00378651 3122071040 2023-03-22 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z GWENDOLYN PERRY DAVIS 220 EAST CHICAGO AVENUE CHICAGO IL 60611 46381060 0 X WWW.MCACHICAGO.ORG X 1964 IL ENHANCE APPRECIATION OF CONTEMPORARY ART THROUGH EDUCATION, PROGRAMMING AND EXHIBITIONS. 70 69 205 0 86421 0 15836657 28908722 453231 1772750 11293261 -1047930 -766038 -1184115 26817111 28449427 0 0 0 0 10506692 10467139 0 0 1329416 10342290 14084068 20848982 24551207 5968129 3898220 231693659 213513688 37602237 33679240 194091422 179834448 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 11843619 1704661 EXHIBITIONS: IN THE 2021-22 FISCAL YEAR, THE MUSEUM WELCOMED 202,361 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 INTERWOVEN WITH OFFERINGS FROM LEARNING AND PERFORMANCE AND PUBLIC PRACTICE 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. THE CHICAGO WORKS SERIES, WHICH IS DESIGNED TO HIGHLIGHT THE BEST NEW WORK FROM CHICAGO ARTISTS, FEATURED CAROLINE KENT (AUGUST 3, 2021 - JUNE 12, 2022). KENT EXPLORES QUESTIONS ABOUT LANGUAGE AND COMMUNICATION THROUGH PAINTINGS, DRAWINGS, SCULPTURE, AND PERFORMANCE WORKS THAT SPEAK IN AN ABSTRACT VISUAL VOCABULARY SHE HAS DEVELOPED OVER HER CAREER.AS PART OF THE MCA'S WOMEN ARTISTS INITIATIVE, TWO POWERFUL EXHIBITIONS IN FISCAL YEAR 2022 WERE CHRISTINA QUARLES (MARCH 13, 2021 - JANUARY 16, 2022) AND ANDREA BOWERS (NOVEMBER 20, 2021 - MARCH 27, 2022.) QUARLES PAINTS BODIES THAT ARE SUBJECTED NOT ONLY TO THE WEIGHT AND GRAVITY OF THE PHYSICAL WORLD BUT ALSO TO THE PLEASURES AND PRESSURES OF THE SOCIAL REALM. AS THE FIRST CAREER RETROSPECTIVE FOR ANDREA BOWERS, THE EXHIBITION ILLUSTRATED THE FLUIDITY OF ART AND ACTIVISM IN HER PRACTICE, SPEAKING TO DEEPLY ENTRENCHED SOCIAL AND POLITICAL INEQUITIES AS WELL AS THE GENERATIONS OF ACTIVISTS WORKING TO CREATE A FAIRER AND MORE JUST WORLD.IN THE ASCENDANT ARTIST SERIES, WHICH IS FOCUSED ON GIVING ESTABLISHED ARTISTS THEIR FIRST SOLO MUSEUM EXHIBITION AND CATALOGUE, THE MCA FEATURED BANI ABIDI: THE MAN WHO TALKED UNTIL HE DISAPPEARED (SEPTEMBER 4, 2021 - JUNE 5, 2022). THE EXHIBITION EXPLORED PAKISTANI ARTIST BANI ABIDI'S CRITIQUE OF THOSE WHO HOLD POWERAND THE MANY WAYS THEY WIELD IT.OTHER EXHIBITIONS THIS YEAR INCLUDED DAN PETERMAN: THE SULFUR CYCLE 2.0 (DECEMBER 19, 2020 - MARCH 1, 2022), CHICAGO COMICS (JUNE 19, 2021 - OCTOBER 3, 2021), GRAIN OF A HAND: DRAWINGS WITH GRAPHITE (JULY 12, 2021 - APRIL 3, 2022), ALFREDO JAAR: THE STRUCTURE OF IMAGES (AUGUST 28, 2021 - JULY 3, 2022), AND BASED ON A TRUE STORY (FEBRUARY 12, 2022 - AUGUST 14, 2022). 1127944 68089 PERFORMANCE: THE MCA PRESENTS CUTTING-EDGE DANCE, THEATER, AND MUSIC FROM CHICAGO AND AROUND THE WORLD. DURING FISCAL YEAR 2022, THE PERFORMANCE AND PUBLIC PRACTICE DEPARTMENTS PRESENTED 24 PRODUCTIONS, FOUR DIALOGUE PRESENTATIONS, AND MULTIPLE ARTIST TALKS. APPROXIMATELY 2,324 PEOPLE ATTENDED THESE PERFORMANCES.PERFORMANCES THIS YEAR INCLUDED WIRED BY KINETIC LIGHT FEATURING ALICE SHEPPARD (MAY 5 - 8, 2022). WIRED TRACES THE FINE LINE BETWEEN "US AND "THEM" THROUGH AERIAL AND CONTEMPORARY DANCE WITH THE METAPHORIC USE OF BARBED WIRE. THROUGH SOUND, LIGHT, AND MOVEMENT THE PIECE MEDITATES ON THE USE OF BARBED WIRE IN THE UNITED STATES, PARTICULARLY THROUGH THE LENSES OF RACE, GENDER, AND DISABILITY, AND HOW IT SHAPES COMMON UNDERSTANDINGS OF WHO BELONGS.TUESDAYS ON THE TERRACE, THE MCA'S POPULAR SUMMER JAZZ CONCERT SERIES, TOOK PLACE EACH TUESDAY FROM JUNE TO AUGUST 2022 ON THE MUSEUM TERRACE, WITH ADDITIONAL SEATING IN THE SCULPTURE GARDEN. ALMOST 16,000 PEOPLE ATTENDED THESE PERFORMANCES, WHICH WERE FREE TO THE PUBLIC.THE IN PROGRESS SERIES, PART OF THE FREE PUBLIC PROGRAMMING IN THE MCA'S COMMONS, GIVES ARTISTS, THINKERS, AND CURATORS A PLATFORM FOR DEVELOPING NEW WORKS WITH INPUT FROM AUDIENCES, AND TO GIVE PATRONS A GLIMPSE INTO THE CREATIVE PROCESS. IN FISCAL YEAR 2022 IN PROGRESS FEATURED BIMBOLA AKINBOLA'S EVIDENCE SERIES, SUSY BIELAK AND FRED SCHMALZ'S MULTIMEDIA PERFORMANCE THE SHALLOW SKY, AND A COLLABORATIVE AND PARTICIPATORY EVENT LED BY ARTIST JUSTIN COOPER. 1728037 PUBLIC PRACTICE AND LEARNING PROGRAMS: THE MCA'S PUBLIC PRACTICE DEPARTMENT 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. NEARLY ALL OF THESE PROGRAMS WERE FREE TO THE PUBLIC, AND TOOK PLACE ACROSS MULTIPLE PLATFORMS INCLUDING IN PERSON, ZOOM, INSTAGRAM LIVE, AND FACEBOOK LIVE.IN FISCAL YEAR 2022, THE MCA HOSTED 13 TALKS FROM VARIOUS ARTISTS, CURATORS, PERFORMERS, AND MUSICIANS. THESE PUBLIC DISCUSSIONS SPANNED THE THEMES OF LOCAL ART AND MUSIC HISTORY AND THE INTERSECTION OF ART AND ACTIVISM. ARTISTS AND COMMUNITY MEMBERS JOINING FOR TALKS AT THE MCA INCLUDED ACTIVIST ELVIRA ARELLANO, CENTRO SIN FRONTERAS'S FOUNDER AND PRESIDENT EMMA LOZANO, CHICAGO-BASED ARTIST JONATHAN MICHAEL CASTILLO, AND ARTISTS AND ACTIVISTS ANDREA BOWERS, JOHN QUIGLEY, AND MARCOS RAMIREZ. 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 14,290 YOUNG PEOPLE VISITED THE MUSEUM. ARTS EDUCATION PROGRAMMING IN FISCAL YEAR 2022 INCLUDED:SCHOOL PARTNERSHIP FOR ART AND CIVIC ENGAGEMENT (SPACE): A MULTI-YEAR PARTNERSHIP WITH CHICAGO PUBLIC HIGH SCHOOLS, WHICH EMBEDS A LOCAL ARTIST AND THEIR STUDIO IN A HIGH SCHOOL FOR AN EXPANDED RESIDENCY WHERE THEY WORK IN PARTNERSHIP WITH ART AND SOCIAL STUDIES TEACHERS TO CO-DESIGN AND TEACH AN INTERDISCIPLINARY SOCIALLY ENGAGED CURRICULUM. THIS PROGRAM WAS IN TWO SCHOOLS FOR THE 2021-22 SCHOOL YEAR: CURIE METROPOLITAN HIGH SCHOOL AND NICHOLAS SENN HIGH SCHOOL. DURING THE 2021-22 SCHOOL YEAR, THE SPACE PROGRAM SERVED APPROXIMATELY 350 STUDENTS AND THREE TEACHERS DIRECTLY ACROSS TWO SEPARATE RESIDENCY SITES.THE TEEN CREATIVE AGENCY (TCA): THE TCA IS THE MCA'S CULTURAL LEADERSHIP PROGRAM FOR CHICAGO-AREA TEENS (14 - 19 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.SCHOOL TV: DESIGNED AS AN ALTERNATIVE OFFERING TO IN-PERSON PROGRAMS, TV (WHICH STANDS FOR TOUR VIDEO) IS A SERIES OF HIGH-QUALITY LONG FORM VIDEOS BUILT AROUND THE MCA'S CURRENT EXHIBITIONS. THE PROGRAM INCLUDES A FACILITATION GUIDE AND A TEACHER RESOURCE CONTAINING IN-DEPTH INFORMATION FOR TEACHERS TO SHARE WITH THEIR STUDENTS. CREATED TO BE AN EXTREMELY FLEXIBLE PIECE OF CURRICULUM, TV CAN BE USED IN-CLASS, ASSIGNED AS HOMEWORK, OR USED AS A JUMPING OFF POINT FOR LESSONS.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: THE MCA'S YEAR-LONG FREE PROFESSIONAL DEVELOPMENT PROGRAM FOR TEACHERS EVOLVED THIS YEAR TO BETTER MEET THE NEEDS OF TEACHERS IN THE NEW TEACHING LANDSCAPE BROUGHT ON BY THE COVID-19 PANDEMIC. THE SCOPE OF THE PROGRAM HAS BROADENED TO TAKE ADVANTAGE OF DIGITAL ACCESSIBILITY, AND WE HAVE ALSO DEEPENED THE IMPACT OF OUR PROGRAM FOR A CORE GROUP OF EDUCATORS, WITH ADDITIONAL CONTACT HOURS. 14699600 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 1 0 0 0 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 1 146 0 1 205 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 GWENDOLYN PERRY DAVIS 3123973808 220 E CHICAGO AVE CHICAGO IL 60611 MADELEINE GRYNSZTEJN PRITZKER DIRECTOR 40.00 0.00 X X 680900 0 51655 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 KING HARRIS 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 - THRU 5/22 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 KENNETH C GRIFFIN TRUSTEE - THRU 5/22 2.00 0.00 X 0 0 0 JACK GUTHMAN TRUSTEE 2.00 0.00 X 0 0 0 JOHN B 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 LAURA KEIDAN MARTIN 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 KATE NEISSER 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 ELLEN B WALLACE TRUSTEE 2.00 0.00 X 0 0 0 DIA S WEIL TRUSTEE 2.00 0.00 X 0 0 0 PEDRO WEISS TRUSTEE 2.00 0.00 X 0 0 0 I JOYCE YAUNG 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 LISA KEY CHIEF ADV. OFFICER, ASST SECRETARY 40.00 0.00 X 281402 0 25963 GWENDOLYN PERRY DAVIS CHIEF OPERATING OFFICER 40.00 0.00 X 250391 0 20523 ANNE-MARIE EISCHEN CHIEF FINANCE OFFICER 40.00 0.00 X 206477 0 11528 CLAIRE RUUD DIRECTOR OF CURATORIAL AFFAIRS 40.00 0.00 X 166542 0 9389 MICHAEL DARLING GUEST CURATOR 40.00 0.00 X 163112 0 4704 NINA YUNG DIRECTOR OF DEVELOPMENT 40.00 0.00 X 139246 0 7810 GINA CROWLEY DIRECTOR OF AUDIENCE EXPERIENCE 40.00 0.00 X 141216 0 8146 JOSHUA MANN DIRECTOR OF HUMAN RESOURCES 40.00 0.00 X 134514 0 18449 2163800 0 158167 15 0 1 0 SECURITAS SECURITY USA INC 12672 COLLECTIONS CENTER DRIVE CHICAGO IL 606930126 SECURITY SERVICES 1903473 NOVAK CONSTRUCTION COMPANY 3423 N DRAKE AVE CHICAGO IL 60618 CONSTRUCTION SERVICES 856766 ABM INDUSTRY GROUPS LLC PO BOX 74008829 CHICAGO IL 60674 HVAC CONTRACTOR 778255 US ART COMPANY INC 78 PACELLA PARK DRIVE RANDOLPH MA 02368 ART STORAGE 442084 BMS OF CHICAGO LLC PO BOX 26032 NEW YORK NY 10087 JANITORIAL SERVICES 399448 28 408335 2684774 13667296 12148317 1036983 28908722 ADMISSIONS 712110 1297846 1297846 EXHIBITIONS 712110 406815 406815 PERFORMANCE 712110 68089 68089 1772750 821698 821698 505186 72402 59685 0 445501 72402 517903 66902 451001 10751556 12621184 -1869628 -1869628 -1869628 360723 2684774 2055993 -1695270 -1695270 2665722 3194771 -529049 -548568 19519 PARKING GARAGE 712110 361299 361299 FOOD SERVICE 712110 144890 144890 MISCELLANEOUS 999999 16112 16112 522301 28449427 1224182 86421 -1769898 X 1693136 125862 1493949 73325 7127224 4500780 2064789 561655 259958 259958 804113 414766 330899 58448 582708 338351 197509 46848 129675 49903 77009 2763 41357 1458 39818 81 100000 100000 3404815 2865548 462529 76738 498165 466781 7501 23883 2362170 837588 1426333 98249 515297 22484 459132 33681 1913 1913 1446716 974790 412930 58996 306823 144815 142368 19640 303973 28571 151282 124120 890013 650201 203813 35999 2436178 1779758 557883 98537 305500 223746 69482 12272 SHIPPING AND POSTAGE 765208 750652 10548 4008 STORAGE AND CONSERVATIO 517817 517740 65 12 MISCELLANEOUS 58448 3893 54394 161 24551207 14699600 8522191 1329416 16606920 20165595 13236724 13283605 2583690 2730086 488472 3068256 539141 624246 892855 1708742 86127209 46793060 40195619 39334149 27066826 29679290 130083412 102919719 231693659 213513688 2638223 2955889 2514714 440137 29900107 29920085 2549193 363129 37602237 33679240 X 134726030 123668177 59365392 56166271 194091422 179834448 231693659 213513688 X 3898220 -19738308 1583114 X 0 1 X 1 1 1 X 14664331 20005581 12267926 15836657 28908722 91683217 14664331 20005581 12267926 15836657 28908722 91683217 13255586 78427631 439440 437636 834717 1478704 1399286 4589783 3134 5304 16615 25053 1501842 851067 6087597 231055 883024 9554585 105852638 27234419 0.74090 0.72390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 25814510 -3753430 1005074 21056006 20736032 5874518 796040 25814510 21358230 264842 887040 20736032 21633985 625222 900977 21358230 20847421 1657466 870902 21633985 0.00000 0.83361 0.16639 0 0 3523258 3523258 72105522 36519311 35586211 10498429 10273749 224680 39334149 OFFSHORE COMMON STOCK FUNDS MUTUAL FUNDS 61527883 F INTERNATIONAL EQUITIES MUTUAL FUNDS 32512930 F MID CAP EQUITIES MUTUAL FUNDS 7470906 F MULTIFAMILY PORTFOLIO LTD PARTNERSHIP 1408000 C 102919719 DERIVATIVES MARK TO MARKET 173854 RENTAL DEPOSITS 189275 363129 13584081 -19738308 135392 1583114 -18019802 31603883 100000 -3254456 -3154456 28449427 27841055 135392 3254456 3389848 24451207 100000 100000 24551207 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 PURCHASES 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. ALL PROCEEDS REALIZED FROM DEACCESSIONS ARE ALLOCATED TO PURCHASE OTHER WORKS OF ART. DEACCESSION OF ART IN THE AMOUNT OF $0 AND $114,992 WAS REALIZED FOR THE YEARS ENDED JUNE 30, 2022 AND 2021, RESPECTIVELY. 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 2,216,814. COLLECTION ACCESSIONS -633,700. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -3,194,771. RENTAL EXPENSE -59,685. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,194,771. RENTAL EXPENSE 59,685. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES ARTIST FEES 5000 NORTH AMERICA 0 0 PROGRAM SERVICES ARTIST FEES 27973 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES CONSULTANT 3315 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES EXHIBITION LOAN FEES 4041 NORTH AMERICA 0 0 PROGRAM SERVICES EXHIBITION LOAN FEES 18333 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES SOFTWARE 4502 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 56870052 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 4129182 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES ART 12000 SOUTH AMERICA 0 0 PROGRAM SERVICES ART 210000 SOUTH ASIA 0 0 PROGRAM SERVICES ART 35700 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES CONTRACTOR 7027 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES CONTRACTOR 2500 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES CONTRACTOR 2500 NORTH AMERICA 0 0 PROGRAM SERVICES CONTRACTOR 472 SOUTH AMERICA 0 0 PROGRAM SERVICES CONTRACTOR 1000 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES CONTRACTOR 500 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES ROYALTIES 268 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES SHIPPING 456 NORTH AMERICA 0 0 PROGRAM SERVICES SHIPPING 2075 0 0 0 0 0 0 61062398 274498 61336896 1 0 0 1 1 0 PART III ACCOUNTING METHOD: ARTEDGE 2685703 2524403 161300 32500 253588 275000 452581 VERNISSAGE 253950 135371 118579 98882 39448 2 25000 25000 16656 6222 154369 2964653 2684774 279879 49156 358692 275000 646398 1329246 -1049367 X 1 1 X X X X X 1 1 0 0 0 0 0 1 0 MADELEINE GRYNSZTEJN PRITZKER DIRECTOR 625900 0 55000 0 0 0 40250 0 11405 0 732555 0 0 0 LISA KEY CHIEF ADV. OFFICER, ASST SECRETARY 263974 0 17428 0 0 0 14064 0 11899 0 307365 0 0 0 GWENDOLYN PERRY DAVIS CHIEF OPERATING OFFICER 235054 0 15337 0 0 0 13854 0 6669 0 270914 0 0 0 ANNE-MARIE EISCHEN CHIEF FINANCE OFFICER 183881 0 22596 0 0 0 10709 0 819 0 218005 0 0 0 CLAIRE RUUD DIRECTOR OF CURATORIAL AFFAIRS 158946 0 7596 0 0 0 8638 0 751 0 175931 0 0 0 MICHAEL DARLING GUEST CURATOR 101827 0 0 0 61285 0 0 0 4704 0 167816 0 0 0 JOSHUA MANN DIRECTOR OF HUMAN RESOURCES 129514 0 5000 0 0 0 7327 0 11122 0 152963 0 0 0 PART I, LINE 1A BUSINESS CLASS IS BOOKED FOR ANY FLIGHTS LONGER THAN 4 HOURS AS BUSINESS POLICY OF THE ORGANIZATION. DURING FY22, NO FIRST CLASS TICKETS WERE PURCHASED. 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: MICHAEL DARLING, FORMER CHIEF CURATOR, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $61,285 DURING CALENDAR YEAR 2021. LINE 4B: THE PRITZKER DIRECTOR 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. THERE WERE NO DISTRIBUTIONS FROM THE PLAN DURING CALENDAR YEAR 2021. 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 25 1036983 TRANSFERRED VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECIEVED. 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 PROVIDES THE INFORMATION. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 1,287,998. MANAGEMENT AND GENERAL EXPENSES 256,438. FUNDRAISING EXPENSES 41,376. TOTAL EXPENSES 1,585,812. CONTRACT LABOR - SECURITY: PROGRAM SERVICE EXPENSES 1,577,550. MANAGEMENT AND GENERAL EXPENSES 206,091. FUNDRAISING EXPENSES 35,362. TOTAL EXPENSES 1,819,003. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SWAP 2,216,814. COLLECTION ACQUISITIONS -633,700.