MUSEUM OF CONTEMPORARY ART: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- MUSEUM OF CONTEMPORARY ART (EIN 36-6154098)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-03-08
- IRS object ID
- 202200679349300730
- Schema version
- 2020v4.2
- 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 | 2022-03-08T12:24:43-06:00 | ReturnTs |
| Tax Period End | 2021-06-30 | 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 | 2020-07-01 | 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 | ANNE-MARIE EISCHEN | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 3123973808 | PhoneNum |
| Signature | 2022-03-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ANNE-MARIE | PersonFirstNm |
| Person Last | EISCHEN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID LOWENTHAL | PreparerPersonNm |
| PTIN | P00378651 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2022-03-02 | 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 | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MADELEINE GRYNSZTEJN | 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 | $32,271,068 | 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 | 69 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 68 | VotingMembersIndependentCnt |
| Total Employee | 258 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | -$28,520 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $12,267,926 | PYContributionsGrantsAmt |
| CY Contributions Grants | $15,836,657 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,281,596 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $453,231 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$531,531 | PYInvestmentIncomeAmt |
| CY Investment Income | $11,293,261 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,167,588 | PYOtherRevenueAmt |
| CY Other Revenue | -$766,038 | CYOtherRevenueAmt |
| PY Total Revenue | $15,185,579 | PYTotalRevenueAmt |
| CY Total Revenue | $26,817,111 | 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 | $9,865,696 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,506,692 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,255,195 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,328,744 | PYOtherExpensesAmt |
| CY Other Expenses | $10,342,290 | CYOtherExpensesAmt |
| PY Total Expenses | $24,194,440 | PYTotalExpensesAmt |
| CY Total Expenses | $20,848,982 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$9,008,861 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,968,129 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $199,455,132 | TotalAssetsBOYAmt |
| Total Assets EOY | $231,693,659 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $38,296,803 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,602,237 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $161,158,329 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $194,091,422 | 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 | $9,895,710 | ExpenseAmt |
| Revenue | $448,300 | RevenueAmt |
| Desc | EXHIBITIONS: 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 SEVERAL EXHIBITIONS DEALING WITH THE PANDEMIC AND THE HUMAN RESPONSE TO THE GLOBAL EVENT. THE LONG DREAM (NOVEMBER 7, 2020-MAY 2, 2021), AN EXHIBITION CONCEIVED AND EXECUTED AGAINST THE BACKDROP OF A GLOBAL PANDEMIC AND A RENEWED RECKONING OVER RACIAL JUSTICE. JUST CONNECT (JULY 17-NOVEMBER 8, 2020) WAS A COLLECTION-BASED SHOW CREATED IN RESPONSE TO THE PANDEMIC WITH SELECT WORKS THAT EXPLORE HOW WE CONNECT, BRINGING TOGETHER ARTWORKS FROM ARTISTS ACROSS GENERATIONS, NATIONALITIES, AND MEDIA. ALIEN VS. CITIZEN (JULY 17-NOVEMBER 16, 2020) CONSIDERED HOW AN INDIVIDUAL'S VALUE IS UNDERSTOOD IN RELATIONSHIP TO COMMUNITY. AS PART OF THE ASCENDANT ARTIST SERIES, WHICH IS FOCUSED ON GIVING ESTABLISHED ARTISTS THEIR FIRST SOLO MUSEUM EXHIBITION AND CATALOGUE, THE MCA FEATURED CAROLINA CAYCEDO, CHRISTINA QUARLES (MARCH 13, 2021-JANUARY 16, 2022). THIS YEAR THE CHICAGO WORKS SERIES FEATURED THE WORK OF DEBORAH STRATMAN (JULY 17-DECEMBER 6, 2020) AND OMAR VELZQUEZ (DECEMBER 26, 2020-JULY 18, 2021). | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,187,357 | ExpenseAmt |
| Revenue | $4,931 | RevenueAmt |
| Desc | PERFORMANCE AND PUBLIC PRACTICE: THE MCA'S PUBLIC PRACTICE DEPARTMENT PRODUCED 65 VIRTUAL 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 VIRTUAL PROGRAMS WERE FREE TO THE PUBLIC, AND TOOK PLACE ACROSS MULTIPLE PLATFORMS INCLUDING ZOOM, INSTAGRAM LIVE, AND FACEBOOK LIVE. IN FISCAL YEAR 2021 THE MCA HOSTED 10 VIRTUAL TALKS FROM VARIOUS ARTISTS, CURATORS, PERFORMERS, AND MUSICIANS. HIGHLIGHTS INCLUDED A DISCUSSION ON BLACK CREATIVITY IN FASHION, CONTEMPORARY ART, DANCE, AND POPULAR CULTURE WITH ARTIST NICK CAVE IN DIALOGUE WITH DANCER DAMITA JO FREEMAN, MUSICIAN NONA HENDRYX, AND PUBLISHER LINDA JOHNSON RICE (NOVEMBER 17, 2020). OTHER TALKS FEATURED ARTISTS DEBORAH STRATMAN, ANDREA BOWERS, CAROLINA CAYCEDO, AND DAN PETERMAN. THE MCA CONTINUED TO PRESENT CONTENT THROUGH THE COMMONS ONLINE, A DIGITAL EXTENSION OF THE MUSEUM'S PHYSICAL COMMUNITY SPACE, PROVIDING ACCESS TO ALL OF THE MUSEUM'S FREE VIRTUAL EVENTS AND DIGITAL RESOURCES. EACH MONTH WE PRESENTED SEVERAL PROGRAMS INCLUDING MEDITATION SESSIONS, ARTIST TALKS, VIRTUAL STUDIO VISITS, AND A SERIES CALLED SOUNDTRACK, IN WHICH LOCAL DJS CREATE CUSTOM SOUNDTRACKS THAT REFLECT THEIR PERSPECTIVE OF WORKS CURRENTLY ON VIEW IN THE MUSEUM. THROUGHOUT FY21, MORE THAN 600,000 PEOPLE PARTICIPATED IN THE MCA'S VARIOUS VIRTUAL PROGRAMS | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,656,235 | ExpenseAmt |
| Desc | LEARNING AND PUBLIC PROGRAMS: THROUGHOUT FY21, SEVERAL OF THE MCA'S LEARNING PROGRAMS (INCLUDING SCHOOL TOURS AND THE MULTIPLE VISIT PROGRAM) CONTINUED TO BE ON HIATUS DUE TO RESTRICTIONS ON FIELD TRIPS AND OTHER IN-PERSON GATHERINGS. IN THEIR PLACE, THE MUSEUM'S LEARNING DEPARTMENT WORKED TO CREATE ALTERNATIVE EDUCATION CHANNELS SO THAT AUDIENCES OF ALL AGES COULD CONTINUE TO OBSERVE AND LEARN FROM CONTEMPORARY ART AND IDEAS. FROM NOVEMBER 2020-MAY 2021, THE MCA'S LEARNING DEPARTMENT PRESENTED A MONTHLY VIRTUAL FAMILY DAY. THESE PROGRAMS INCORPORATED LIVE ARTIST-LED WORKSHOPS AND VARIOUS ACTIVITIES FOR FAMILIES WITH CHILDREN OF ALL AGES. AT THE ART. APPROXIMATELY 15,000 PEOPLE INTERACTED WITH THESE VIRTUAL OFFERINGS. THE TEEN CREATIVE AGENCY (TCA) IS THE MCA'S CULTURAL LEADERSHIP PROGRAM FOR CHICAGO TEENS WHO COME TOGETHER FROM ALL OVER THE CITY AND USE CONTEMPORARY ART AND THE MUSEUM TO CREATE, DREAM, ENVISION, AND TRANSFORM AROUND ISSUES THAT ARE IMPORTANT TO THEM. IN FY21, TCA CONSISTED OF 25 CURIOUS AND CREATIVE YOUNG PEOPLE BETWEEN THE AGES OF 15-19 WHO CONTINUED TO MEET VIRTUALLY EVERY SATURDAY. THE MCA'S SCHOOL PARTNERSHIP FOR ART AND CIVIC ENGAGEMENT (SPACE) PROGRAM CONTINUED TO SERVE THREE HIGH SCHOOLS IN THE CITY: CURIE METROPOLITAN HIGH SCHOOL, SARAH E. GOODE STEM ACADEMY, AND NICHOLAS SENN HIGH SCHOOL. SPACE USES CONTEMPORARY ART TO ADDRESS LOCAL CIVIC ISSUES AND MOBILIZE YOUTH AND COMMUNITY ACTION. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $12,739,302 | 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 | 0 | 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 | Yes (1) | 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 | 172 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 258 | 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 | 69 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 68 | 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 | ANNE-MARIE EISCHEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
Form990 Part VII Section A Form990PartVIISectionAGrp (78 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 | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| MADELEINE GRYNSZTEJN | ||||||||
| PRITZKER DIRECTOR & CEO | 40.00 | 0.00 | Yes (X) | Yes (X) | $572,527 | $0 | $142,742 | |
| MICHAEL O'GRADY | ||||||||
| BOARD CHAIR AND TRUSTEE | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LESLIE BLUHM | ||||||||
| VICE CHAIR AND TRUSTEE | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KING HARRIS | ||||||||
| TREASURER AND TRUSTEE | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANNE KAPLAN | ||||||||
| VICE CHAIR AND TRUSTEE | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CARI SACKS | ||||||||
| VICE CHAIR AND TRUSTEE | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| NICKOL HACKETT | ||||||||
| SECRETARY AND TRUSTEE | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ELLEN-BLAIR CHUBE | ||||||||
| TRUSTEE | 2.00 | 0.00 | 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 | ||
| ROBERT 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 | ||
| 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 | ||
| KENNETH C GRIFFIN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JACK GUTHMAN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN B 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 | ||
| ELIZABETH 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 | ||
| LAURA KEIDAN MARTIN | ||||||||
| 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 | ||
| KATE NEISSER | ||||||||
| 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 | ||
| EVE RODGERS | ||||||||
| 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 | ||
| ELLEN B WALLACE | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DIA S WEIL | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PEDRO WEISS | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| I JOYCE YAUNG | ||||||||
| 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 | ||
| LISA KEY | ||||||||
| DEPUTY DIRECTOR | 40.00 | 0.00 | Yes (X) | $243,287 | $0 | $45,531 | ||
| MICHAEL DARLING | ||||||||
| CHIEF CURATOR THRU 2/5/21 | 40.00 | 0.00 | Yes (X) | $234,012 | $0 | $39,548 | ||
| GWENDOLYN PERRY DAVIS | ||||||||
| SR. DIR. OF OPERATIONS BEG. 10/8/20 | 40.00 | 0.00 | Yes (X) | $175,922 | $0 | $45,419 | ||
| ANNE-MARIE EISCHEN | ||||||||
| SR. DIRECTOR OF FINANCE | 40.00 | 0.00 | Yes (X) | $131,349 | $0 | $28,149 | ||
| AMY BUCZKO | ||||||||
| SR. DIR. OF OPERATIONS THRU 10/6/20 | 40.00 | 0.00 | Yes (X) | $42,733 | $0 | $7,222 | ||
| CLAIRE RUUD | ||||||||
| DIR. OF CURATORIAL STRATEGY | 40.00 | 0.00 | $126,893 | $0 | $28,941 | Yes (X) | ||
| NINA YUNG | ||||||||
| DIR. OF DEVELOPMENT | 40.00 | 0.00 | $125,857 | $0 | $28,064 | Yes (X) | ||
| GINA CROWLEY | ||||||||
| DIR. OF AUDIENCE EXPERIENCE | 40.00 | 0.00 | $107,584 | $0 | $24,531 | Yes (X) | ||
| ANGELA MORROW | ||||||||
| DIR. OF COLLECTIONS & EXHIBITIONS | 40.00 | 0.00 | $100,469 | $0 | $22,479 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,860,633 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $412,626 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | 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 | $762,301 |
| ABM INDUSTRY GROUPS LLC | |||||
| 180 NORTH LASALLE ST SUITE 1700 | CHICAGO | IL | 60601 | HVAC CONTRACTOR | $472,570 |
| US ART COMPANY INC | |||||
| 4400 W OHIO ST | CHICAGO | IL | 60624 | ART STORAGE | $374,069 |
| BMS OF CHICAGO LLC | |||||
| ELEVEN PENN PLAZA SUITE 110 | NEW YORK | NY | 10001 | JANITORIAL SERVICES | $337,738 |
| TEAMLOGIC IT | |||||
| 935 W CHESTNUT ST SUITE 420 | CHICAGO | IL | 60642 | IT SERVICES AND SUPPLIES | $304,397 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $180,722 | MembershipDuesAmt |
| Fundraising | $324,147 | FundraisingAmt |
| Government Grants | $3,773,253 | GovernmentGrantsAmt |
| All Other Contributions | $11,558,535 | AllOtherContributionsAmt |
| Noncash Contributions | $529,295 | NoncashContributionsAmt |
| Total Contributions | $15,836,657 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ADMISSIONS | 712110 | $444,869 | $444,869 |
| PERFORMANCE | 712110 | $4,931 | $4,931 |
| EXHIBITIONS | 712110 | $3,431 | $3,431 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $453,231 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $495,784 | TotalRevenueColumnAmt |
| Exclusion | $495,784 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $95,556 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $18,869 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $76,687 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $76,687 | TotalRevenueColumnAmt |
| Exclusion | $76,687 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,088,553 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,291,076 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,797,477 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,797,477 | TotalRevenueColumnAmt |
| Exclusion | $10,797,477 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $17,000 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $324,147 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $182,320 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$165,320 | TotalRevenueColumnAmt |
| Exclusion | -$165,320 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $2,070,232 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $2,961,692 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$891,460 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$862,940 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$28,520 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| PARKING GARAGE | 712110 | $202,818 | $202,818 |
| FOOD SERVICE | 712110 | $8,327 | $8,327 |
| MISCELLANEOUS | 999999 | $2,910 | $2,910 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $214,055 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,817,111 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$409,709 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$28,520 | UnrelatedBusinessRevenueAmt |
| Exclusion | $11,418,683 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,851,455 | TotalAmt |
| Program Services | $220,672 | ProgramServicesAmt |
| Management And General | $1,554,035 | ManagementAndGeneralAmt |
| Fundraising | $76,748 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,205,213 | TotalAmt |
| Program Services | $4,975,315 | ProgramServicesAmt |
| Management And General | $1,568,422 | ManagementAndGeneralAmt |
| Fundraising | $661,476 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $223,163 | TotalAmt |
| Management And General | $223,163 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $625,260 | TotalAmt |
| Program Services | $447,827 | ProgramServicesAmt |
| Management And General | $112,513 | ManagementAndGeneralAmt |
| Fundraising | $64,920 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $601,601 | TotalAmt |
| Program Services | $201,008 | ProgramServicesAmt |
| Management And General | $346,840 | ManagementAndGeneralAmt |
| Fundraising | $53,753 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,778 | TotalAmt |
| Program Services | $7,396 | ProgramServicesAmt |
| Management And General | $64,907 | ManagementAndGeneralAmt |
| Fundraising | $475 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,557 | TotalAmt |
| Program Services | $9,804 | ProgramServicesAmt |
| Management And General | $103,123 | ManagementAndGeneralAmt |
| Fundraising | $630 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,000 | TotalAmt |
| Management And General | $100,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,017,750 | TotalAmt |
| Program Services | $1,680,002 | ProgramServicesAmt |
| Management And General | $278,650 | ManagementAndGeneralAmt |
| Fundraising | $59,098 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $286,937 | TotalAmt |
| Program Services | $272,293 | ProgramServicesAmt |
| Management And General | $9,385 | ManagementAndGeneralAmt |
| Fundraising | $5,259 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,810,708 | TotalAmt |
| Program Services | $926,563 | ProgramServicesAmt |
| Management And General | $812,080 | ManagementAndGeneralAmt |
| Fundraising | $72,065 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $722,938 | TotalAmt |
| Program Services | $99,916 | ProgramServicesAmt |
| Management And General | $577,581 | ManagementAndGeneralAmt |
| Fundraising | $45,441 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,907 | TotalAmt |
| Program Services | $5,907 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,173,443 | TotalAmt |
| Program Services | $823,252 | ProgramServicesAmt |
| Management And General | $297,724 | ManagementAndGeneralAmt |
| Fundraising | $52,467 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,056 | TotalAmt |
| Program Services | $23,860 | ProgramServicesAmt |
| Management And General | $3,202 | ManagementAndGeneralAmt |
| Fundraising | $994 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,617 | TotalAmt |
| Program Services | $21,912 | ProgramServicesAmt |
| Management And General | $24,450 | ManagementAndGeneralAmt |
| Fundraising | $255 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $890,796 | TotalAmt |
| Program Services | $646,596 | ProgramServicesAmt |
| Management And General | $202,670 | ManagementAndGeneralAmt |
| Fundraising | $41,530 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,425,263 | TotalAmt |
| Program Services | $1,760,410 | ProgramServicesAmt |
| Management And General | $551,785 | ManagementAndGeneralAmt |
| Fundraising | $113,068 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260,935 | TotalAmt |
| Program Services | $220,363 | ProgramServicesAmt |
| Management And General | $33,745 | ManagementAndGeneralAmt |
| Fundraising | $6,827 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STORAGE AND CONSERVATIO | $284,009 | $284,041 | $0 | -$32 |
| SHIPPING AND POSTAGE | $194,189 | $181,605 | $7,603 | $4,981 |
| MISCELLANEOUS | -$91,593 | -$69,440 | -$17,393 | -$4,760 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,848,982 | TotalAmt |
| Program Services | $12,739,302 | ProgramServicesAmt |
| Management And General | $6,854,485 | ManagementAndGeneralAmt |
| Fundraising | $1,255,195 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,514,041 | BOYAmt |
| EOY | $16,606,920 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,585,528 | BOYAmt |
| EOY | $13,236,724 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,816,923 | BOYAmt |
| EOY | $2,583,690 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $645,806 | BOYAmt |
| EOY | $488,472 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,278,193 | BOYAmt |
| EOY | $539,141 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $528,788 | BOYAmt |
| EOY | $892,855 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $84,401,853 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $44,206,234 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,651,167 | BOYAmt |
| EOY | $40,195,619 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,769,177 | BOYAmt |
| EOY | $27,066,826 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,665,509 | BOYAmt |
| EOY | $130,083,412 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $199,455,132 | BOYAmt |
| EOY | $231,693,659 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,999,739 | BOYAmt |
| EOY | $2,638,223 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,645,774 | BOYAmt |
| EOY | $2,514,714 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,880,128 | BOYAmt |
| EOY | $29,900,107 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,771,162 | BOYAmt |
| EOY | $2,549,193 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,296,803 | BOYAmt |
| EOY | $37,602,237 | 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 | $107,616,374 | BOYAmt |
| EOY | $134,726,030 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,541,955 | BOYAmt |
| EOY | $59,365,392 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $161,158,329 | BOYAmt |
| EOY | $194,091,422 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $199,455,132 | BOYAmt |
| EOY | $231,693,659 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,968,129 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $25,947,786 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,017,178 | 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 | $21,881,418 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,664,331 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,005,581 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,267,926 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,836,657 | CurrentTaxYearAmt |
| Total | $84,655,913 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,881,418 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,664,331 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,005,581 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,267,926 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,836,657 | CurrentTaxYearAmt |
| Total | $84,655,913 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $13,775,834 | SubstantialContributorsTotAmt |
| Public Support Total170 | $70,880,079 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $177,139 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $439,440 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $437,636 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $834,717 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,478,704 | CurrentTaxYearAmt |
| Total | $3,367,636 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,378 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,134 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,304 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,615 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $26,431 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,193,450 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,501,842 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $851,067 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,087,597 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $231,055 | CurrentTaxYearAmt |
| Total | $9,865,011 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $97,914,991 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $30,198,186 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.72390 | PublicSupportCY170Pct |
| Public Support PY170 | 0.72290 | 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 | $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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| 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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| 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 |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,847,421 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,657,466 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $870,902 | OtherExpendituresAmt |
| End Year Balance | $21,633,985 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,826,371 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $3,097,455 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,076,405 | OtherExpendituresAmt |
| End Year Balance | $20,847,421 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.67995 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.32005 | 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 | $70,380,166 | OtherCostOrOtherBasisAmt |
| Depreciation | $35,419,163 | DepreciationAmt |
| Book Value | $34,961,003 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,498,429 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,787,071 | DepreciationAmt |
| Book Value | $1,711,358 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $40,195,619 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| OFFSHORE COMMON STOCK FUNDS MUTUAL FUNDS | $70,359,810 | F |
| INTERNATIONAL EQUITIES MUTUAL FUNDS | $40,018,406 | F |
| LARGE CAP EQUITIES MUTUAL FUNDS | $10,343,229 | F |
| MID CAP EQUITIES MUTUAL FUNDS | $7,953,967 | F |
| MULTIFAMILY PORTFOLIO LTD PARTNERSHIP | $1,408,000 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $130,083,412 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DERIVATIVES MARK TO MARKET | $2,390,668 |
| RENTAL DEPOSITS | $158,525 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,549,193 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $56,662,636 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $25,947,786 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,017,178 | OtherRevenueAmt |
| Revenue Not Reported | $26,964,964 | RevenueNotReportedAmt |
| Revenue Subtotal | $29,697,672 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $100,000 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$2,980,561 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$2,880,561 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $26,817,111 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $23,729,543 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $2,980,561 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,980,561 | ExpensesNotReportedAmt |
| Expenses Subtotal | $20,748,982 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $100,000 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $100,000 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $20,848,982 | 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 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 $114,992 AND $29,878 WAS REALIZED FOR THE YEARS ENDED JUNE 30, 2021 AND 2020, 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 1,238,469. COLLECTION ACCESSIONS 114,992. COLLECTION DEACCESSIONS -336,283. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | COST OF GOODS SOLD -2,961,692. RENTAL EXPENSE -18,869. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 2,961,692. RENTAL EXPENSE 18,869. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (6 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 | $1,959 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | EXHIBITION LOAN FEES | $1,247 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | CONSULTANT | $12,597 |
| 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 | $65,648,308 | |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | INVESTMENTS | $3,866,093 |
| 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 | $69,534,204 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $69,534,204 | 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
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CORPORATE ART AWARD | Event1Nm |
| Gross Receipts Event1 | $341,147 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $324,147 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $17,000 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $28,717 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $341,147 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $324,147 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $17,000 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $28,717 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $28,717 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$11,717 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 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 & CEO | $572,527 | $0 | $0 | $0 | $0 | $0 | $39,500 | $0 | $103,242 | $0 | $715,269 | $0 | $0 | $0 |
| LISA KEY | ||||||||||||||
| DEPUTY DIRECTOR | $243,287 | $0 | $0 | $0 | $0 | $0 | $1,344 | $0 | $44,187 | $0 | $288,818 | $0 | $0 | $0 |
| MICHAEL DARLING | ||||||||||||||
| CHIEF CURATOR THRU 2/5/21 | $234,012 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $39,548 | $0 | $273,560 | $0 | $0 | $0 |
| GWENDOLYN PERRY DAVIS | ||||||||||||||
| SR. DIR. OF OPERATIONS BEG. 10/8/20 | $175,922 | $0 | $0 | $0 | $0 | $0 | $10,576 | $0 | $34,843 | $0 | $221,341 | $0 | $0 | $0 |
| ANNE-MARIE EISCHEN | ||||||||||||||
| SR. DIRECTOR OF FINANCE | $131,349 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28,149 | $0 | $159,498 | $0 | $0 | $0 |
| CLAIRE RUUD | ||||||||||||||
| DIR. OF CURATORIAL STRATEGY | $126,893 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28,941 | $0 | $155,834 | $0 | $0 | $0 |
| NINA YUNG | ||||||||||||||
| DIR. OF DEVELOPMENT | $125,857 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28,064 | $0 | $153,921 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | PER THE PRITZKER DIRECTOR'S EMPLOYMENT AGREEMENT, BUSINESS CLASS IS BOOKED FOR ANY FLIGHTS LONGER THAN 4 HOURS. DURING FY21, NO FIRST CLASS TICKETS WERE PURCHASED. THE MUSEUM OF CONTEMPORARY ART HAD A MORATORIUM ON TRAVEL DURING THIS TIME. |
| PART I, LINE 3 | THE COMPENSATION COMMITTEE ANNUALLY REVIEWS PERFORMANCE, GOAL ACHIEVEMENTS, PEER DATA, SURVEYS, ETC WHEN SETTING THE ANNUAL SALARY FOR THE PRITZKER DIRECTOR/CHIEF EXECUTIVE OFFICER. THE COMMITTEE REVIEWS SALARIES OF SENIOR MANAGEMENT AND ALSO APPROVES THE ANNUAL ALLOCATION TO THE STAFF SALARY INCREASE POOL. THE COMMITTEE DOCUMENTS ITS FINDINGS IN WRITING AND EMPLOYEES ARE NOT PRESENT WHEN THEIR COMPENSATION IS SET. |
| PART I, 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 2020. |
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 | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | 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
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 23 | ContributionCnt |
| Noncash Contributions Rpt F990 | $529,295 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. | ExplanationTxt |
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) MICHAEL ALPER AND HELYN GOLDENBERG, 2) KING HARRIS AND JOHN HARRIS, 3) DON KAUL AND LESLIE BLUHM THE FOLLOWING TRUSTEES HAVE A BUSINESS RELATIONSHIP 1) ANNE KAPLAN HAS BUSINESS RELATIONSHIPS WITH LOISE EISEN, SALLY KOVLER, ELIZABETH LEFKOFSKY AND DIA WEIL, 2) ROBERT BELLICK AND JAMES GORDON, AND 3) 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. THE COMMITTEE REVIEWS SALARIES OF SENIOR MANAGEMENT AND ALSO APPROVES THE ANNUAL ALLOCATION TO THE STAFF SALARY INCREASE POOL. 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 XI, LINE 9: | CHANGE IN VALUE OF SWAP 1,238,469. COLLECTION DEACCESSIONS 114,992. COLLECTION ACQUISITIONS -336,283. |
| IMPACT OF COVID-19 | ON MARCH 11, 2020, THE WORLD HEALTH ORGANIZATION DECLARED THE OUTBREAK OF A RESPIRATORY DISEASE CAUSED BY A NEW CORONAVIRUS A PANDEMIC. FIRST IDENTIFIED IN LATE 2019 AND NOW KNOWN AS COVID-19, THE MEASURES IMPLEMENTED TO COMBAT THE OUTBREAK HAVE IMPACTED GLOBAL BUSINESS OPERATIONS. AS A RESULT OF THE PANDEMIC, THE MUSEUM CLOSED ITS FACILITIES TO THE PUBLIC AND NON-ESSENTIAL STAFF ON MARCH 13, 2020. REVENUES FROM OPERATIONS PRIMARILY CEASED DURING THE FIRST LOCKDOWN FROM MARCH 13, 2020 AND JUNE 30, 2020. THE SECOND LOCKDOWN CLOSED THE MUSEUM AGAIN BETWEEN NOVEMBER 16, 2020 AND MARCH 2, 2021. DURING BOTH OF THESE PERIODS, EXPENSES DECLINED DUE TO REDUCED OPERATIONS. |