2021-01-13T08:40:34-06:00 2020-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2019-07-01 362167814 THE NEWBERRY LIBRARY NEWB 3129439090 60 WEST WALTON STREET CHICAGO IL 60610 JAMES P BURKE JR VP FOR FINANCE/ADMINISTRATION 3129439090 2021-01-11 1 KIMBERLY A HAUMANN P00546491 3122071040 2021-01-11 2019 2022-09-23 18:48:47Z THE NEWBERRY DANIEL GREENE 60 WEST WALTON STREET CHICAGO IL 60610 15173299 0 X WWW.NEWBERRY.ORG X 1892 IL THE NEWBERRY LIBRARY IS AN INDEPENDENT RESEARCH LIBRARY DEDICATED TO THE ADVANCEMENT AND DISSEMINATION OF KNOWLEDGE, ESPECIALLY IN THE HUMANITIES. THE NEWBERRY LIBRARY ACQUIRES AND PRESERVES A BROAD ARRAY OF SPECIAL COLLECTIONS RESEARCH MATERIALS RELATING TO EUROPE AND THE AMERICAS. 38 38 161 323 0 0 7497154 8149864 1407929 1144473 324564 1751414 33245 101546 9262892 11147297 1084263 911283 0 0 6745438 6671440 0 0 854950 4864545 4784171 12694246 12366894 -3431354 -1219597 98967894 99891210 8962866 9793320 90005028 90097890 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 LIBRARY 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 LIBRARY ENCOURAGES INTELLECTUAL PURSUIT IN AN ATMOSPHERE OF FREE INQUIRY AND SUSTAINS THE HIGHEST STANDARDS OF COLLECTION PRESERVATION, BIBLIOGRAPHIC ACCESS AND READER SERVICES. 0 0 8333248 911283 1154264 THE NEWBERRY LIBRARY IS AN INDEPENDENT RESEARCH LIBRARY DEDICATED TO THE ADVANCEMENT AND DISSEMINATION OF KNOWLEDGE, ESPECIALLY IN THE HUMANITIES. AS SUCH, IT PROVIDES MATERIALS TO THE PUBLIC AS WELL AS FELLOWSHIPS FOR RESEARCH, TEACHER PROGRAMS, EXHIBITIONS AND ADULT SEMINARS.LIBRARY SERVICES AND COLLECTION DEVELOPMENT STATISTICS:CATALOG RECORDS ADDED: 3,832ITEMS CATALOGED: 5,702LINEAR FEET OF MANUSCRIPTS PROCESSED: 204.6PAGES ADDED TO THE INTERNET ARCHIVE: 113,933CONSERVATION TREATMENTS COMPLETED: 1,855READERS SIGNED IN: 3,278MATERIALS PAGED TO READERS: 20,131REFERENCE INQUIRIES ANSWERED: 9,707INSTRUCTIONAL SESSIONS OFFERED: 209ATTENDEES AT INSTRUCTIONAL SESSIONS: 3,928 LONG-TERM FELLOWS IN RESIDENCE: 12SHORT-TERM FELLOWS IN RESIDENCE: 44TEACHER DEVELOPMENT PROGRAM PARTICIPANTS: 701ATTENDANCE AT FREE GALLERY EXHIBITIONS: 48,034ADULT SEMINARS OFFERED: 183ADULT SEMINAR PARTICIPANTS: 2,184FREE PUBLIC PROGRAMS OFFERED: 43 8333248 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 1 0 1 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 264 0 1 161 1 1 1 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 DAVID C SPADAFORA PRESIDENT - RETIRED 8/2019 35.00 0.00 X 309066 0 70934 JAMES P BURKE JR VP - FIN & ADMIN-RETIRED 9/2019 35.00 0.00 X 200817 0 22640 ALICE D SCHREYER ROGER & JULIE BASKES VP FO 35.00 0.00 X 187870 0 25611 DONALD B HUNT VP FOR RESEARCH & ACADEMIC 35.00 0.00 X 143993 0 22015 DANIEL A GREENE PRESIDENT-START 8/2019 35.00 0.00 X 103633 0 8112 LAURA M MCGRADY VP - FIN & ADMIN-START 9/2019 35.00 0.00 X 54531 0 4047 DAVID C HILLIARD CHAIR 1.00 0.00 X X 0 0 0 DAVID E MCNEEL VICE CHAIR 1.00 0.00 X X 0 0 0 CYNTHIA E MITCHELL VICE CHAIR 1.00 0.00 X X 0 0 0 MICHAEL POPE VICE CHAIR 1.00 0.00 X X 0 0 0 DAVID B SMITH JR TRUSTEE/TREASURER 10/15/19 1.00 0.00 X X 0 0 0 PETER S WILLMOTT TREASURER TO 10/15/19 1.00 0.00 X X 0 0 0 ROBERT WEDGEWORTH JR SECRECTARY 1.00 0.00 X X 0 0 0 EDITH RASMUSSEN AHERN TRUSTEE 1.00 0.00 X 0 0 0 GREG BARTON TRUSTEE 1.00 0.00 X 0 0 0 JOAN BRODSKY TRUSTEE 1.00 0.00 X 0 0 0 FRANK CICERO JR TRUSTEE 1.00 0.00 X 0 0 0 LEW COLLENS TRUSTEE 1.00 0.00 X 0 0 0 CELINE FITZGERALD TRUSTEE 1.00 0.00 X 0 0 0 LOUISE R GLASSER TRUSTEE 1.00 0.00 X 0 0 0 MADELEINE CONDIT GLOSSBERG TRUSTEE 1.00 0.00 X 0 0 0 RICHARD GODFREY TRUSTEE 1.00 0.00 X 0 0 0 MARK HAUSBERG TRUSTEE 1.00 0.00 X 0 0 0 VICTORIA J HERGET TRUSTEE 1.00 0.00 X 0 0 0 ROBERT HOLLAND TRUSTEE 1.00 0.00 X 0 0 0 ROBERT H JACKSON TRUSTEE 1.00 0.00 X 0 0 0 KATHRYN GIBBONS JOHNSON TRUSTEE - PART YEAR 1.00 0.00 X 0 0 0 LAWRENCE LIPKING TRUSTEE 1.00 0.00 X 0 0 0 SONYA MALUNDA TRUSTEE 1.00 0.00 X 0 0 0 JAMES H MARROW TRUSTEE 1.00 0.00 X 0 0 0 ANDREW MCGAAN TRUSTEE 1.00 0.00 X 0 0 0 ANDREW MCNALLY IV TRUSTEE 1.00 0.00 X 0 0 0 MARY MINOW TRUSTEE 1.00 0.00 X 0 0 0 JANIS W NOTZ TRUSTEE 1.00 0.00 X 0 0 0 JEAN O'BRIEN TRUSTEE 1.00 0.00 X 0 0 0 GAIL KERN PASTER TRUSTEE 1.00 0.00 X 0 0 0 LISA PATTIS TRUSTEE 1.00 0.00 X 0 0 0 JEAN PERKINS TRUSTEE 1.00 0.00 X 0 0 0 JOHN P ROMPON TRUSTEE 1.00 0.00 X 0 0 0 BURTON X ROSENBERG TRUSTEE 1.00 0.00 X 0 0 0 MARTHA T ROTH TRUSTEE 1.00 0.00 X 0 0 0 RUDY L RUGGLES JR TRUSTEE 1.00 0.00 X 0 0 0 KARLA SCHERER TRUSTEE 1.00 0.00 X 0 0 0 THOMAS C SHEFFIELD JR TRUSTEE 1.00 0.00 X 0 0 0 HAROLD B SMITH TRUSTEE 1.00 0.00 X 0 0 0 NANCY M SPAIN TRUSTEE 1.00 0.00 X 0 0 0 CARL STERN TRUSTEE 1.00 0.00 X 0 0 0 999910 0 153359 5 0 1 0 BULLEY & ANDREWS 1755 W ARMITAGE AVE CHICAGO IL 60622 CONSTRUCTION 1467768 URBAN ELEVATOR 4830 W16TH ST CICERO IL 60804 ELEVATOR CONSTRUCTION 317037 ABM JANITORIAL SERVICES 75 REMITTANCE DR CHICAGO IL 60675 JANITORIAL 219381 SECURITAS SECURITY SERVICES 150 S WACKER DR CHICAGO IL 60606 SECURITY 195741 ONE DIVERSIFIED LLC 37 MARKET ST KENILWORTH NJ 07033 CONSULTANTS-1ST FLOOR 178247 7 518783 138500 471536 7021045 8149864 SERVICES TO THE PUBLIC 900099 385164 385164 FACILITY RENTAL 532000 339331 339331 REGISTRATIONS 900099 246909 246909 BOOK ROYALTIES 511130 106479 106479 SUBSCRIPTIONS 900099 66590 66590 1144473 1419670 1419670 4246146 3914402 331744 331744 331744 177759 138500 111600 66159 66159 INTEREST ON EMPLOYEE LOAN 900099 17822 17822 MISCELLANEOUS INCOME 900099 9791 9791 PARKING FEES 812930 7774 7774 35387 11147297 1154264 0 1843169 865517 865517 45766 45766 962261 213481 748780 5017619 3522609 997839 497171 302937 159089 119430 24418 388623 226035 127418 35170 88962 54090 32272 2600 610 610 68700 68700 108764 66967 41797 175055 84572 13621 76862 73502 55221 18281 226663 154723 55920 16020 131937 110421 21516 1369835 1024220 270621 74994 175468 172777 2557 134 3465 3465 176375 176375 1308750 972131 262813 73806 18351 1034 17317 BOOK COLLECTIONS 437292 437292 SUPPLIES/MINOR EQUIPMEN 403543 160377 190520 52646 OTHER HR EXPENSES 16899 3461 12309 1129 12366894 8333248 3178696 854950 666610 3456250 1486457 881955 7599 812 555581 532513 55477 66073 45844 150657 48924337 31006500 18734031 17917837 55085184 57607147 21699423 18714629 631688 563337 98967894 99891210 2257525 1246818 157117 388134 2547883 2253839 3750000 4400000 250341 1504529 8962866 9793320 X 37954527 35145974 52050501 54951916 90005028 90097890 98967894 99891210 X -1219597 1397984 -85525 X 0 1 X 1 0 X 4948400 8272666 12735741 7192854 8149864 41299525 4948400 8272666 12735741 7192854 8149864 41299525 6803119 34496406 1454414 1356315 1642493 1613930 1437676 7504828 25467 35045 22113 26186 35387 144198 48948551 6925626 0.70470 0.70730 X SCHEDULE A, PART II, LINE 10 OTHER INCOME INCLUDES INTEREST ON EMPLOYEE LOAN AND PARKING FEES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 66372018 1162516 2226836 1522541 27873399 40365430 63595042 452250 2979064 654338 66372018 60427526 1271000 3107298 1210782 63595042 50447544 3544945 7568997 1133960 60427526 53617676 2000 -2172067 1000065 50447544 0.12490 0.87510 0.00000 0 0 38342588 23382765 14959823 10581749 7623735 2958014 17917837 PRIMUS HIGH YIELD BOND FUND, LP 3508004 F JP MORGAN MULTI-STRATEGY FUND II, LTD 1599488 F MACKAY SHIELDS CORE PLUS OPPORTUNITIES 10602155 F PIMCO COMMODITY ALPHA FUND 3004982 F 18714629 ACCRUED GIFT ANNUITY 236027 PAYCHECK PROTECTION PROGRAM 1268502 1504529 12462592 1397984 -85525 1312459 11150133 108764 -111600 -2836 11147297 12369730 111600 111600 12258130 108764 108764 12366894 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 - WWII). COLLECTIONS SPECIALIZE IN CARTOGRAPHY, AMERICAN INDIANS, CHICAGO, EUROPE, LITERATURE, PRINTING 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 -85,525. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -111,600. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 111,600. 0 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION FELLOWSHIP/HONORARIUM 7476 EUROPE 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION FELLOWSHIP/HONORARIUM 18990 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION FELLOWSHIP/HONORARIUM 16800 0 0 0 0 0 0 43266 0 43266 FELLOWSHIPS/HONORARIUMS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 4 7476 CHECK FELLOWSHIPS/HONORARIUMS EUROPE 5 18990 CHECK FELLOWSHIPS/HONORARIUMS SOUTH AMERICA 1 16800 CHECK 0 0 0 0 0 0 PART I, LINE 3: EACH GRANT HAS A BUDGET AND A PROGRAM PLAN. THE VICE PRESIDENT FOR FINANCE/ADMINISTRATION AND THE CONTROLLER MONITOR THE BUDGET ON A MONTHLY BASIS. PART III ACCOUNTING METHOD: PART III, COLUMN (A) REGION: NORTH AMERICA (A) TYPE OF GRANT OR ASSISTANCE: STIPENDS - FELLOWSHIP STIPENDS FROM THE NEWBERRY LIBRARY ARE INTENDED TO BE SPENT AS THE RECIPIENTS DEEM NECESSARY. GENERALLY, THEY ARE USED BY FELLOWS TO SUPPORT HOUSING, FOOD AND OTHER COSTS ASSOCIATED WITH A PERIOD OF RESEARCH AT THE LIBRARY. REGION: EUROPE (A) TYPE OF GRANT OR ASSISTANCE: STIPENDS - FELLOWSHIP STIPENDS FROM THE NEWBERRY LIBRARY ARE INTENDED TO BE SPENT AS THE RECIPIENTS DEEM NECESSARY. GENERALLY, THEY ARE USED BY FELLOWS TO SUPPORT HOUSING, FOOD AND OTHER COSTS ASSOCIATED WITH A PERIOD OF RESEARCH AT THE LIBRARY. REGION: SOUTH AMERICA (A) TYPE OF GRANT OR ASSISTANCE: STIPENDS - FELLOWSHIP STIPENDS FROM THE NEWBERRY LIBRARY ARE INTENDED TO BE SPENT AS THE RECIPIENTS DEEM NECESSARY. GENERALLY, THEY ARE USED BY FELLOWS TO SUPPORT HOUSING, FOOD AND OTHER COSTS ASSOCIATED WITH A PERIOD OF RESEARCH AT THE LIBRARY. BOOK FAIR 177759 177759 788 104230 AWARD DINNER 138500 138500 6582 316259 138500 177759 788 110812 111600 66159 1 HONORARIUMS/FELLOWSHIPS 357 865517 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. PART III, COLUMN (A): (A) TYPE OF GRANT OR ASSISTANCE: STIPENDS - FELLOWSHIP STIPENDS FROM THE NEWBERRY LIBRARY ARE INTENDED TO BE SPENT AS THE RECIPIENTS DEEM NECESSARY. GENERALLY, THEY ARE USED BY FELLOWS TO SUPPORT HOUSING, FOOD, AND OTHER COSTS ASSOCIATED WITH A PERIOD RESEARCH AT THE LIBRARY. X X X X 0 0 0 0 0 0 0 1 0 DAVID C SPADAFORA PRESIDENT - RETIRED 8/2019 254066 0 55000 0 0 0 34339 0 36595 0 380000 0 50000 0 JAMES P BURKE JR VP - FIN & ADMIN-RETIRED 9/2019 200817 0 0 0 0 0 2731 0 19909 0 223457 0 0 0 ALICE D SCHREYER ROGER & JULIE BASKES VP FO 187870 0 0 0 0 0 3563 0 22048 0 213481 0 0 0 DONALD B HUNT VP FOR RESEARCH & ACADEMIC 143993 0 0 0 0 0 3557 0 18458 0 166008 0 0 0 PART I, LINE 7 DAVID SPADAFORA, THE RETIRED PRESIDENT, RECEIVED A BONUS BASED ON PERFORMANCE. THE BONUS WAS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE BONUS WAS NOT BASED ON ANY NUMERICAL CALCULATION. DAVID SPADAFORA RETIRED PRESIDENT MORTGAGE X 700000 532513 0 1 1 532513 X 1 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. PART I, LINE 33: THE NEWBERRY LIBRARY DOES NOT REPORT CONTRIBUTIONS OF COLLECTIBLES. 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, 2020, 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, 2020. 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 -85,525.