2022-03-23T10:39:59-05:00 2021-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2020-07-01 362167814 THE NEWBERRY LIBRARY NEWB 3129439090 60 WEST WALTON STREET CHICAGO IL 60610 LAURA MCGRADY VP FOR FINANCE/ADMINISTRATION 3129439090 2022-03-22 1 LAURA MCGRADY XXX-XX-XXXX KIMBERLY A HAUMANN P00546491 3122071040 2022-03-22 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DANIEL GREENE 60 WEST WALTON STREET CHICAGO IL 60610 15685070 0 X WWW.NEWBERRY.ORG X 1892 IL THE NEWBERRY LIBRARY SUPPORTS AND INSPIRES RESEARCH, TEACHING, AND LEARNING IN THE HUMANITIES. OUR COLLECTION IS A PORTAL TO MORE THAN SIX CENTURIES OF HUMAN HISTORY, FROM THE MIDDLE AGES TO THE PRESENT. VISITORS AND RESEARCHERS ACCESS THE COLLECTION IN NEWBERRY'S READING ROOMS, EXHIBITION GALLERIES, EVENT SPACES, CLASSROOMS, AND ONLINE DIGITAL RESOURCES. 38 38 112 312 0 0 8149864 8010097 1144473 503284 1751414 3449367 101546 213951 11147297 12176699 911283 595880 0 0 6671440 6326284 0 0 755117 4784171 4041325 12366894 10963489 -1219597 1213210 99891210 118252964 9793320 9010462 90097890 109242502 X THE NEWBERRY LIBRARY, OPEN TO THE PUBLIC WITHOUT CHARGE, IS AN INDEPENDENT RESEARCH LIBRARY DEDICATED TO THE ADVANCEMENT AND DISSEMINATION OF KNOWLEDGE, ESPECIALLY IN THE HUMANITIES. THE NEWBERRY ACQUIRES AND PRESERVES A BROAD ARRAY OF SPECIAL COLLECTIONS RESEARCH MATERIALS RELATING TO THE CIVILIZATIONS OF EUROPE AND THE AMERICAS. IT PROMOTES AND PROVIDES FOR THEIR EFFECTIVE USE, FOSTERING RESEARCH, TEACHING, PUBLICATION, AND LIFE-LONG LEARNING, AS WELL AS CIVIC ENGAGEMENT. IN SERVICE TO ITS DIVERSE COMMUNITY, THE NEWBERRY ENCOURAGES INTELLECTUAL PURSUIT IN AN ATMOSPHERE OF FREE INQUIRY AND SUSTAINS THE HIGHEST STANDARDS OF COLLECTION PRESERVATION, BIBLIOGRAPHIC ACCESS, AND READER SERVICES. 0 0 6930138 595880 527491 OUR DEDICATED LIBRARIANS, CURATORS, CATALOGERS, AND CONSERVATORS REMAINED TIRELESS IN THEIR WORK TO SERVE READERS, GROW AND CARE FOR THE COLLECTION, AND EXPAND ACCESS TO DIGITAL TOOLS.ITEMS CATALOGED: 5,489MODERN MANUSCRIPT & ARCHIVAL COLLECTIONS PROCESSED: 18ITEMS TREATED BY CONVERSATION: 514INDIVIDUALS REGISTERED AS NEW NEWBERRY READERS: 522ITEMS REQUESTED FOR USE IN READING ROOMS: 5,312524 UNIQUE READER VISITS TO READING ROOMS: 1,832 TOTAL VISITSREFERENCE REQUESTS FILLED IN PERSON: 1,620REFERENCE REQUESTS ANSWERED VIA CORRESPONDENCE: 3,640EXHIBITIONS, PUBLIC PROGRAMS, AND ADULT EDUCATION CLASSES ARE A FIRST POINT OF CONTACT FOR MANY PEOPLE WHO ENGAGE WITH OUR COMMUNITY. THIS YEAR, WE CONTINUED TO PRESENT ENGAGING PROGRAMMING AND GROW OUR AUDIENCES AS WE SHIFTED PROGRAMS TO ZOOM, YOUTUBE, AND FACEBOOK.VIRTUAL ADULT EDUCATION SEMINARS PARTICIPANTS: 1,816VIRTUAL PUBLIC PROGRAMS VIEWERS: 9,548EXHIBITION HALL VISITORS: 6,557"NEWTBTUBE" LIVE VIDEO SERIES VIEWERS: 8,740SOCIAL MEDIA PLATFORM FOLLOWERS: 71,652DIGITAL COLLECTIONS FOR CLASSROOM SITE INDIVIDUAL USERS: 138,347PROFESSIONAL DEVELOPMENT SEMINARS EDUCATOR ATTENDEES: 459LONG-TERM FELLOWS IN RESIDENCE: 9SHORT-TERM FELLOWS IN RESIDENCE: 12ATTENDEES AT SCHOLARLY SEMINARS: 1,353 6930138 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 106 0 1 112 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 38 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X LAURA MCGRADY 3122553567 60 WEST WALTON STREET CHICAGO IL 60610 BURTON X ROSENBERG CHAIR 1.00 0.00 X X 0 0 0 DAVID B SMITH JR TREASURER 1.00 0.00 X X 0 0 0 GAIL KERN PASTER VICE CHAIR 1.00 0.00 X X 0 0 0 GREGORY L BARTON SECRETARY 1.00 0.00 X X 0 0 0 MICHAEL A POPE VICE CHAIR 1.00 0.00 X X 0 0 0 ROBERT A HOLLAND VICE CHAIR 1.00 0.00 X X 0 0 0 ALYCE SIGLER TRUSTEE 1.00 0.00 X 0 0 0 ANDREW MCNALLY IV TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY DEAN TRUSTEE 1.00 0.00 X 0 0 0 BARRY MACLEAN TRUSTEE 1.00 0.00 X 0 0 0 CARL STERN TRUSTEE 1.00 0.00 X 0 0 0 CAROL WARSHAWSKY TRUSTEE 1.00 0.00 X 0 0 0 CELINE FITZGERALD TRUSTEE 1.00 0.00 X 0 0 0 CYNTHIA E MITCHELL TRUSTEE 1.00 0.00 X 0 0 0 DAVID C HILLIARD TRUSTEE 1.00 0.00 X 0 0 0 DAVID E MCNEEL TRUSTEE 1.00 0.00 X 0 0 0 EDITH RASMUSSEN AHERN TRUSTEE 1.00 0.00 X 0 0 0 FRANK CICERO JR TRUSTEE 1.00 0.00 X 0 0 0 HANNA GRAY TRUSTEE 1.00 0.00 X 0 0 0 HAROLD B SMITH TRUSTEE 1.00 0.00 X 0 0 0 JAMES H MARROW TRUSTEE 1.00 0.00 X 0 0 0 JANIS W NOTZ TRUSTEE 1.00 0.00 X 0 0 0 JAVIER LAGUNA TRUSTEE 1.00 0.00 X 0 0 0 JEAN O'BRIEN TRUSTEE 1.00 0.00 X 0 0 0 JOAN BRODSKY TRUSTEE 1.00 0.00 X 0 0 0 JOHN P ROMPON TRUSTEE 1.00 0.00 X 0 0 0 KARLA SCHERER TRUSTEE 1.00 0.00 X 0 0 0 LAWRENCE LIPKING TRUSTEE 1.00 0.00 X 0 0 0 LEWIS COLLENS TRUSTEE 1.00 0.00 X 0 0 0 LOUISE R GLASSER TRUSTEE 1.00 0.00 X 0 0 0 MADELEINE CONDIT GLOSSBERG TRUSTEE 1.00 0.00 X 0 0 0 MARK HAUSBERG TRUSTEE 1.00 0.00 X 0 0 0 MARTHA T ROTH TRUSTEE 1.00 0.00 X 0 0 0 MARY MINOW TRUSTEE 1.00 0.00 X 0 0 0 NANCY SPAIN TRUSTEE 1.00 0.00 X 0 0 0 NEIL HARRIS TRUSTEE 1.00 0.00 X 0 0 0 RICHARD D SIRAGUSA TRUSTEE 1.00 0.00 X 0 0 0 RICHARD GODFREY TRUSTEE 1.00 0.00 X 0 0 0 ROBERT WEDGEWORTH JR TRUSTEE 1.00 0.00 X 0 0 0 ROGER BASKES TRUSTEE 1.00 0.00 X 0 0 0 RUDY L RUGGLES JR TRUSTEE 1.00 0.00 X 0 0 0 SONYA MALUNDA TRUSTEE 1.00 0.00 X 0 0 0 STANLEY N KATZ TRUSTEE 1.00 0.00 X 0 0 0 T KIMBALL BROOKER TRUSTEE 1.00 0.00 X 0 0 0 VICTORIA J HERGET TRUSTEE 1.00 0.00 X 0 0 0 JEAN E PERKINS TRUSTEE 1.00 0.00 X 0 0 0 LISA J PATTIS TRUSTEE 1.00 0.00 X 0 0 0 DANIEL A GREENE PRESIDENT & LIBRARIAN 35.00 0.00 X 266827 0 16589 ALICE D SCHREYER ROGER & JULIE BASKES VP FOR COLLECTIONS AND LIBRAR 35.00 0.00 X 176050 0 18879 LAURA M MCGRADY VP, FINANCE & ADMIN. 35.00 0.00 X 175674 0 5164 KAMILA FARSHCHI INFORMATION TECHNOLOGY 35.00 0.00 X 102933 0 19005 DAVID C SPADAFORA FMR PRES & LIBRARIAN-RETIRED 9/19 35.00 0.00 X 229206 0 23137 950690 0 82774 5 1 1 0 ABM JANITORIAL SERVICES 75 REMITTANCE DR CHICAGO IL 60675 JANITORIAL 235159 SECURITAS SECURITY SERVICES 150 S WACKER DR CHICAGO IL 60606 SECURITY 184885 URBAN ELEVATOR 4830 W16TH ST CICERO IL 60804 ELEVATOR CONSTRUCTION 171218 MESIROW INSURANCE SERVICES 29278 NETWORK PLACE CICERO IL 60673 INSURANCE 132526 4 606921 187405 1900825 5314946 8010097 REGISTRATIONS 900099 262382 262382 SERVICES TO THE PUBLIC 900099 135399 135399 BOOK ROYALTIES 511130 49943 49943 FACILITY RENTAL 532000 32267 32267 SUBSCRIPTIONS 900099 23293 23293 503284 1669341 1669341 5252682 3472656 1780026 1780026 1780026 208407 187405 35715 172692 172692 MISCELLANEOUS INCOME 900099 24207 24207 INTEREST ON EMPLOYEE LOAN 900099 17052 17052 41259 12176699 527491 0 3639111 595880 595880 911526 194929 716597 4044298 2697123 930344 416831 175208 97597 64402 13209 846073 534914 252026 59133 349179 205505 113094 30580 103849 89724 14125 4839 4839 54530 54530 151817 94252 57565 66591 17124 49467 74680 14728 59952 217600 202194 15406 98711 98711 1125254 1045851 79403 13235 13123 112 107309 107309 1307295 971044 262528 73723 101610 101610 BOOK COLLECTIONS 404988 404988 SUPPLIES/MINOR EQUIPMEN 209017 60204 145573 3240 10963489 6930138 3278234 755117 3456250 5613109 881955 532474 812 2446 532513 508549 66073 56045 150657 169830 49140335 32307837 17917837 16832498 57607147 74506138 18714629 19373351 563337 658524 99891210 118252964 1246818 1093222 388134 253178 2253839 1959795 4400000 4400000 1504529 1304267 9793320 9010462 X 35145974 42872336 54951916 66370166 90097890 109242502 99891210 118252964 X 1213210 17727017 204385 X 0 1 X 1 0 X 8272666 12735741 7192854 8149864 8010097 44361222 8272666 12735741 7192854 8149864 8010097 44361222 6656272 37704950 1356315 1642493 1613930 1437676 1669341 7719755 35045 22113 26186 35387 41259 159990 52240967 6051008 0.72180 0.70470 X PART II, LINE 10 OTHER INCOME INCLUDES INTEREST ON EMPLOYEE LOAN AND THE REFUND OF UNRELATED BUSINESS INCOME TAXES DUE TO THE CHANGE IN THE TREATMENT OF THE EMPLOYEE PARKING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 40365430 328855 10181078 1806886 49068477 66372018 1162516 2226836 1522541 27873399 40365430 63595042 452250 2979064 654338 66372018 60427526 1271000 3107298 1210782 63595042 50447544 3544945 7568997 1133960 60427526 0.19460 0.80540 0.00000 0 0 38424750 24396606 14028144 10715585 7911231 2804354 16832498 PRIMUS HIGH YIELD BOND FUND, LP 3967673 F JP MORGAN MULTI-STRATEGY FUND II, LTD 312000 F MACKAY SHIELDS CORE PLUS OPPORTUNITIES 11661322 F PIMCO COMMODITY ALPHA FUND 3432356 F 19373351 ACCRUED GIFT ANNUITY 146882 PAYCHECK PROTECTION PROGRAM 1157385 1304267 29992001 17727017 204387 17931404 12060597 151817 -35715 116102 12176699 10847387 35715 35715 10811672 151817 151817 10963489 PART III, LINE 1A: THE VALUE OF THE NEWBERRY LIBRARY'S COLLECTION IS EXCLUDED FROM THE STATEMENTS OF FINANCIAL POSITION. AN ADDITION TO THE NEWBERRY LIBRARY'S COLLECTION IS MADE EITHER BY A DONATION FROM A BENEFACTOR OR THROUGH A PURCHASE FROM LIBRARY ACQUISITION FUNDS. THE NEWBERRY LIBRARY ACQUISITION FUNDS MAY BE CLASSIFIED AS PERMANENTLY RESTRICTED, FOR WHICH ONLY THE INCOME EARNED ON PRINCIPAL BALANCES MAY BE USED FOR ACQUISITIONS; TEMPORARILY RESTRICTED, FOR WHICH BOTH THE PRINCIPAL AND EARNED INCOME MAY BE USED FOR ACQUISITIONS; OR UNRESTRICTED, REPRESENTING FUNDS DESIGNATED BY THE BOARD TO BE USED FOR ACQUISITIONS. THE SALE OF HOLDINGS FROM THE NEWBERRY LIBRARY'S COLLECTION IS PERFORMED IN ACCORDANCE WITH THE NEWBERRY LIBRARY POLICY, PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE CLASSIFIED AS UNRESTRICTED OR TEMPORARILY RESTRICTED FOR PURCHASE OF ADDITIONAL COLLECTION ITEMS. THE NEWBERRY LIBRARY'S COLLECTION IS PROTECTED, CARED FOR, AND PRESERVED; AND IS SUBJECT TO STRICT POLICIES GOVERNING ITS USE. THE VALUE OF THE NEWBERRY LIBRARY'S COLLECTION IS NOT SUBJECT TO REASONABLE ESTIMATION. PART III, LINE 4: OUR COLLECTIONS INCLUDE 1.6 MILLION BOOKS, 5 MILLION MANUSCRIPT PAGES, AND 0.6 MILLION HISTORIC MAPS. THESE NON-CIRCULATING COLLECTIONS ARE FREE AND OPEN TO THE PUBLIC FOR USE IN SCHOLARLY RESEARCH AND SPAN THE HISTORY AND CULTURE OF WESTERN EUROPE AND THE AMERICAS (MIDDLE AGES - PRESENT). COLLECTIONS SPECIALIZE IN CARTOGRAPHY, NATIVE AMERICANS, CHICAGO, EUROPE, LITERATURE, PRINTING, MUSIC, RELIGION, POSTCARDS AND GENEALOGY. PART V, LINE 4: THERE ARE ENDOWMENTS THAT SUPPORT THE PURCHASE OF LIBRARY MATERIALS, SUPPORT FOR CERTAIN DIVISIONS OF THE LIBRARY AND SUPPORT FOR UNRESTRICTED PURPOSES. THE $27,873,399 ADMINSTRATIVE EXPENSE AMOUNT IS FROM THE BOARD UNDESIGNATING A PORTION OF THE ENDOWMENT FUND. THE LIBRARY WANTED TO LIST THIS AMOUNT SEPARATELY SO THAT IT WAS NOT NETTED WITH OTHER EARNINGS, EXPENDITURES OR CONTRIBUTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DEFERRED GIVING ARRANGEMENT 204,387. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -35,715. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 35,715. BOOK FAIR 7582 7582 880 AWARD DINNER 200825 187405 13420 34835 208407 187405 21002 35715 35715 -14713 1 FELLOWSHIPS 15 286450 HONORARIUMS 91 300830 PUBLICATION SUBSIDY 1 8600 PART I, LINE 2: EACH GRANT HAS A BUDGET AND A PROGRAM PLAN. THE VICE PRESIDENT FOR FINANCE/ADMINISTRATION AND THE CONTROLLER MONITOR THE BUDGET ON A MONTHLY BASIS. X X X X 0 1 0 0 0 0 0 1 0 DANIEL A GREENE PRESIDENT & LIBRARIAN 266827 0 0 0 0 0 0 0 16589 0 283416 0 0 0 DAVID C SPADAFORA FMR PRES & LIBRARIAN-RETIRED 9/19 179206 0 50000 0 0 0 0 0 23137 0 252343 0 0 0 ALICE D SCHREYER ROGER & JULIE BASKES VP FOR COLLECTI 176050 0 0 0 0 0 0 0 18879 0 194929 0 0 0 LAURA M MCGRADY VP, FINANCE & ADMIN. 175674 0 0 0 0 0 0 0 5164 0 180838 0 0 0 PART I, LINE 4B THE FOLLOWING INDIVIDUALS HAD CONTRIBUTIONS MADE TO THE 457(B) BY THE NEWBERRY FOR THEIR BENEFIT: MCGRADY - $2,368 PART I, LINE 7 DAVID SPADAFORA, THE RETIRED PRESIDENT, RECEIVED A $50,000 BONUS THAT HAD BEEN PREVIOUSLY DEFERRED. DAVID SPADAFORA RETIRED PRESIDENT MORTGAGE X 700000 508549 0 1 1 508549 X 14 0 APPRAISAL 1 0 1 0 PART I, LINE 33: THE NEWBERRY LIBRARY DOES NOT REPORT CONTRIBUTIONS OF WORKS OF ART. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE BOARD REVIEWS AND APPROVES FORM 990. A COMPLETE COPY OF THE FORM 990 IS SENT TO THE ENTIRE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF TRUSTEES AND ANY OF ITS COMMITTEES AND MEMBERS OF THE STAFF OF THE NEWBERRY LIBRARY SHALL DISCLOSE ANY CONFLICT OF INTEREST ON AN ANNUAL BASIS BY COMPLETING AND SUBMITTING THE NEWBERRY LIBRARY CONFLICT OF INTEREST DISCLOSURE FORM. THERE IS A FOLLOW-UP TO ENSURE RECEIPT OF THE FORMS FROM ALL THE AFOREMENTIONED INDIVIDUALS. FORM 990, PART VI, SECTION B, LINE 15A THE BY-LAWS OF THE NEWBERRY LIBRARY PROVIDE (IN SECTION 3 OF ARTICLE V) THAT THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES "SHALL AT LEAST ANNUALLY REVIEW THE COMPENSATION OF THE PRESIDENT AND THE LIBRARIAN." WITH RESPECT TO THE NEWBERRY LIBRARY'S ACCOUNTING YEAR WHICH ENDED JUNE 30, 2021, THE EXECUTIVE COMMITTEE, ACTING IN EXECUTIVE SESSION, SET THE COMPENSATION OF THE PRESIDENT AND THE LIBRARIAN. IN SETTING THAT COMPENSATION THE EXECUTIVE COMMITTEE CONSIDERED THE PERFORMANCE OF THE PRESIDENT AND LIBRARIAN TO THAT TIME AS WELL AS COMPARATIVE INFORMATION AVAILABLE TO IT OF THE COMPENSATION OF CHIEF EXECUTIVE OFFICERS OF PEER INSTITUTIONS AND OTHER NON-PROFIT ORGANIZATIONS IN THE CHICAGO AREA. THE EXECUTIVE COMMITTEE IS AWARE OF THE REQUIREMENTS WITH RESPECT TO THE REVIEW OF EXECUTIVE COMPENSATION WHICH ARE SET OUT IN THE INSTRUCTIONS TO INTERNAL REVENUE SERVICE FORM 990 AND BELIEVES IT HAS FULFILLED SUCH REQUIREMENTS WITH RESPECT TO THE NEWBERRY LIBRARY'S YEAR ENDED JUNE 30, 2021. THE EXECUTIVE COMMITTEE HAS DESIGNATED ITSELF AS THE "COMPENSATION COMMITTEE" AS THAT TERM IS USED IN SAID INSTRUCTIONS. NO INDEPENDENT COMPENSATION CONSULTANT HAS ADVISED THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE NEWBERRY LIBRARY MAKES ALL OF ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: DEFERRED GIVING ARRANGEMENTS 204,387. ROUNDING -2.