2021-02-26T17:25:21-06:00 2020-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2019-07-01 366210902 THE ADLER PLANETARIUM ADLE 3129227827 1300 SOUTH LAKE SHORE DRIVE CHICAGO IL 60605 MARCIA HEUSER VP FOR FINANCE & ADMIN/CFO 3129227827 2021-02-25 1 LU ANN TRAPP P01506476 3122071040 2021-02-25 2019 2022-09-23 18:48:47Z MICHELLE B LARSON PHD 1300 SOUTH LAKE SHORE DRIVE CHICAGO IL 60605 21028087 0 X WWW.ADLERPLANETARIUM.ORG X 1930 IL ADLER'S MISSION IS TO CONNECT PEOPLE TO THE UNIVERSE AND EACH OTHER UNDER THE SKY WE ALL SHARE. 51 51 278 354 0 0 10483760 9533261 6379815 4225003 1094758 1588458 1224446 555809 19182779 15902531 0 0 0 0 10331809 10799324 0 0 1591242 9167942 8463789 19499751 19263113 -316972 -3360582 60915489 55580660 35884614 39073815 25030875 16506845 X THE ADLER PLANETARIUM ('ADLER') IS A NOT-FOR-PROFIT CULTURAL INSTITUTION WHOSE MISSION IS TO CONNECT PEOPLE TO THE UNIVERSE AND EACH OTHER UNDER THE SKY WE ALL SHARE. IT ASPIRES TO BE THE WORLD'S PREMIER CENTER FOR ENGAGING IN ASTRONOMY AND SPACE SCIENCE. 0 1 15402559 4225003 WHETHER THE ADLER PLANETARIUM IS INTRODUCING A GUEST TO THE RING NEBULA, A NEIGHBORHOOD SCHOOL TO A COMMUNITY PARTNER, A RESEARCH TEAM TO A NETWORK OF CITIZEN SCIENTISTS, OR ONE STAFF MEMBER TO ANOTHER, THE MUSEUM'S FOCUS ON MEANINGFUL CONNECTIONS DATES BACK NEARLY A CENTURY.TODAY, THE MUSEUM HOSTS MORE THAN HALF A MILLION VISITORS EACH YEAR AND REACHES MILLIONS MORE THROUGH YOUTH PROGRAMS, NEIGHBORHOOD SKYWATCHING EVENTS, ONLINE PROGRAMS AND OUTREACH PROJECTS. IT IS HOME TO A DEDICATED ASTRONOMY RESEARCH DEPARTMENT AND A WORLD-CLASS COLLECTION OF ASTRONOMICAL INSTRUMENTS, RARE BOOKS, WORKS ON PAPER, AND OTHER ARTIFACTS THAT CAPTIVATE VISITORS AND RESEARCHERS ALIKE.WITH THE ADLER'S SUPPORT, PEOPLE OF ALL AGES, BACKGROUNDS, AND ABILITIES GAIN THE CONFIDENCE TO EXPLORE THEIR UNIVERSE TOGETHER AND RETURN TO THEIR COMMUNITIES READY TO THINK CRITICALLY AND CREATIVELY ABOUT ANY CHALLENGE THAT COMES THEIR WAY.IN 2020, NEARLY 300,000 VISITORS - INCLUDING MORE THAN 20,000 STUDENTS ON FIELD TRIPS - EXPERIENCED THE MUSEUM'S INTERACTIVE EXHIBITIONS; IMMERSED THEMSELVES IN LIVE PLANETARIUM SHOWS; CHALLENGED THEMSELVES WITH HANDS-ON, MINDS-ON PROGRAMS IN SCIENCE, TECHNOLOGY, ENGINEERING, THE ARTS, AND MATHEMATICS (STEAM); AND DISCOVERED STORIES OF EXPLORATION, IMAGINATION, AND PERSEVERANCE IN HISTORICAL ARTIFACTS THEY SAW ON DISPLAY HERE AT THE MUSEUM OR READ ABOUT IN OUR PUBLIC ONLINE COLLECTIONS CATALOGUE.THE ADLER INTRODUCED NEW MUSEUM OFFERINGS: THE CHICAGO'S NIGHT SKY EXHIBIT THAT ALLOWED GUESTS TO CONNECT THEM AND THE CITY AROUND THEM TO THE WONDROUS HUMAN TRADITION OF LOOKING UP. OUR COMMUNITY PLAYLAB DESIGNED THAT ENCOURAGED CREATIVITY, CURIOSITY, EXPLORATION, AND LANGUAGE AND SOCIAL SKILLS IN YOUNG LEARNERS.OUR COMMUNITY STAR STUDIO, AN INTERACTIVE WORKSHOP WHERE GUESTS COULD ROLL UP THEIR SLEEVES AND DISCOVER WAYS TO CREATIVELY CONNECT TO THE NIGHT SKY. THE ADLER ALSO DELIVERED ON ITS PROMISE TO MEET PEOPLE WHERE THEY ARE-LITERALLY. OUR ASTRONOMERS AND VOLUNTEERS VISITED 14 NEIGHBORHOODS AROUND CHICAGO AND LED FREE TELESCOPE OBSERVING FOR MORE THAN 1,200 OF OUR NEIGHBORS. MAKING CONNECTIONS BETWEEN PEOPLE, IDEAS, AND OUR UNIVERSE DOESN'T JUST FEEL GOOD - IT DRIVES SCIENTIFIC PROGRESS. WHEN PEOPLE FEEL WELCOME IN THE SCIENTIFIC COMMUNITY, THEY DELIVER REAL RESULTS.ADLER TEENS HAVE HUNTED FOR METEORITES 200 FEET BELOW THE SURFACE OF LAKE MICHIGAN, HELPED OUR SCIENTISTS LAUNCH THE FIRST-EVER LIGHT-POLLUTION SURVEY OF CHICAGO, AND ORGANIZED TO EDUCATE OTHERS AND FIGHT LIGHT POLLUTION IN THEIR OWN COMMUNITIES.THROUGH ZOONIVERSE.ORG, AN ONLINE CITIZEN-SCIENCE PORTAL CO-FOUNDED BY THE ADLER, OVER 2 MILLION VOLUNTEERS AROUND THE WORLD - MANY OF WHOM HAVE NO FORMAL SCIENTIFIC TRAINING - CONTRIBUTE TO REAL SCIENTIFIC RESEARCH PROJECTS. TO DATE, ZOONIVERSE VOLUNTEERS HAVE CLASSIFIED MILLIONS OF GALAXIES, INSPECTED HUNDREDS OF THOUSANDS OF TUBERCULOSIS BACTERIA TO FIGHT ANTIBIOTIC RESISTANCE, DISCOVERED NEW EXOPLANETS, AND HELPED RESEARCH TEAMS ACROSS DISCIPLINES TACKLE HUGE DATA SETS.THROUGH THE WONDER OF SPACE SCIENCE, THE ADLER CONNECTS PEOPLE, COMMUNITIES, AND INSTITUTIONS SO WE CAN EXPLORE OUR UNIVERSE TOGETHER AND USE OUR COLLECTIVE KNOWLEDGE AND SKILLS TO CREATE A BETTER WORLD FOR EVERYONE. 15402559 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 81 0 1 278 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 51 51 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X X MARCIA HEUSER 3129227827 1300 SOUTH LAKE SHORE DRIVE CHICAGO IL 60605 MICHELLE B LARSON PRESIDENT & CEO 35.00 0.00 X 425988 0 11959 CATHLEEN BRUEGGEMANN VP, DEVELOPMENT 35.00 0.00 X 220157 0 12361 MARCIA J HEUSER VP, FINANCE & ADMINISTRATION/CFO 35.00 0.00 X 222519 0 7842 RYUTARO MIZUNO VP, MARKETING & COMMUNICATIONS 35.00 0.00 X 178835 0 20303 CHRISTOPHER COMERFORD VP, ENTERPRISE STRATEGY & SOLUTIONS/CIO 35.00 0.00 X 179348 0 17436 ANDREW JOHNSTON VP, MUSEUM EXPERIENCE & COLLECTIONS 35.00 0.00 X 149363 0 5975 LAURA TROUILLE VP, SCIENCE ENGAGEMENT & VISUALIZATION 35.00 0.00 X 148363 0 6286 YOO-JIN HONG VP, GUEST EXPERIENCE 35.00 0.00 X 118538 0 15252 ERIN WILSON SENIOR DIRECTOR OF MARKETING 35.00 0.00 X 100563 0 15257 LINDA P JOJO BOARD CHAIR 1.00 0.00 X X 0 0 0 PRADIP K PATIATH BOARD CHAIR (THROUGH 06/11/2020) 1.00 0.00 X X 0 0 0 AMY L CARBONE BOARD VICE CHAIR (THROUGH 03/31/2020) 1.00 0.00 X X 0 0 0 KECIA STEELMAN BOARD VICE CHAIR 1.00 0.00 X X 0 0 0 JONATHAN H HERBST BOARD TREASURER 1.00 0.00 X X 0 0 0 DANIEL T MUELLER BOARD SECRETARY 1.00 0.00 X X 0 0 0 CYNTHIA L BALLEW TRUSTEE 1.00 0.00 X 0 0 0 RUSSELL F BARTMES TRUSTEE 1.00 0.00 X 0 0 0 RAJ BHATIA BOARD EXECUTIVE COMMITTEE MEMBER 1.00 0.00 X 0 0 0 CAROLYN BOWMAN BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 LIAM CAFFREY TRUSTEE 1.00 0.00 X 0 0 0 JOHN E CARLSTROM PHD BOARD EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 LINDA I CELESIA BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 FRANK M CLARK BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 DONALD C CLARK JR BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 EARLE M COMBS III BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 BRYAN C CRESSEY BOARD EXECUTIVE COMMITTEE MEMBER 1.00 0.00 X 0 0 0 DAVID A CROWN PHD TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH DOMINGUEZ TRUSTEE 1.00 0.00 X 0 0 0 J DOUGLAS DONENFELD BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 DANIEL R EDER TRUSTEE 1.00 0.00 X 0 0 0 JOHN W ESTEY BOARD EXECUTIVE COMMITTEE MEMBER 1.00 0.00 X 0 0 0 LILLY FARAHNAKIAN TRUSTEE 1.00 0.00 X 0 0 0 MICHEL J FELDMAN BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 TACY F FLINT TRUSTEE 1.00 0.00 X 0 0 0 DAVID W FOX BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 WENDY L FREEDMAN BOARD EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 NANCY EMRICH FREEMAN BOARD EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 RYAN GARINO TRUSTEE 1.00 0.00 X 0 0 0 NANCY S GERRIE TRUSTEE 1.00 0.00 X 0 0 0 ROBERT N GORDON TRUSTEE (THROUGH 12/31/2019) 1.00 0.00 X 0 0 0 HOWARD S GOSS BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM J GRUBER TRUSTEE 1.00 0.00 X 0 0 0 RAJ P GUPTA PE TRUSTEE 1.00 0.00 X 0 0 0 BERNARD L HENGESBAUGH TRUSTEE (THROUGH 06/30/2020) 1.00 0.00 X 0 0 0 AMELIA A HUNTINGTON TRUSTEE 1.00 0.00 X 0 0 0 SETH E JACOBSON TRUSTEE 1.00 0.00 X 0 0 0 CAROLINE BECKER JOSS BOARD EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL P KELLY BOARD EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 CLYDE KOFMAN TRUSTEE 1.00 0.00 X 0 0 0 PETER J LANGAS TRUSTEE 1.00 0.00 X 0 0 0 LISA H LEWIS TRUSTEE 1.00 0.00 X 0 0 0 STEVEN S LOUIS MD TRUSTEE 1.00 0.00 X 0 0 0 CAPTAIN JAMES A LOVELL JR BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL J MCMURRAY TRUSTEE 1.00 0.00 X 0 0 0 MARYANN N MCNALLY BOARD EXECUTIVE COMMITTEE MEMBER 1.00 0.00 X 0 0 0 DAVID MINTZER PHD BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 JAMES C MURRAY TRUSTEE 1.00 0.00 X 0 0 0 KENNETH NEBENZAHL BOARD LIFE TRUSTEE (THROUGH 01/31/2020) 1.00 0.00 X 0 0 0 ASHLEY HEMPHILL NETZKY BOARD EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 JAMES J O'CONNOR JR TRUSTEE 1.00 0.00 X 0 0 0 JAMES J O'CONNOR SR BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 NICK PALDRMIC TRUSTEE (THROUGH 04/30/2020) 1.00 0.00 X 0 0 0 DUSHAN PETROVICH TRUSTEE 1.00 0.00 X 0 0 0 IRENE SIRAGUSA PHELPS BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 IAN C RADOMSKI TRUSTEE 1.00 0.00 X 0 0 0 SEAN B REYNOLDS BOARD EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 AARON C RUDBERG TRUSTEE 1.00 0.00 X 0 0 0 MARGARET M SAUER BOARD EX-OFFICIO TRUSTEE (THROUGH 12/31/2019) 1.00 0.00 X 0 0 0 MATTHEW F SAUER TRUSTEE (THROUGH 06/30/2020) 1.00 0.00 X 0 0 0 MICHAEL SEEDMAN TRUSTEE (THROUGH 05/31/2020) 1.00 0.00 X 0 0 0 BRAD SERLIN TRUSTEE 1.00 0.00 X 0 0 0 GURPREET SINGH TRUSTEE 1.00 0.00 X 0 0 0 HAROLD BYRON SMITH BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 PAUL D STEINBERG TRUSTEE 1.00 0.00 X 0 0 0 SCOTT C SWANSON BOARD EXECUTIVE COMMITTEE MEMBER 1.00 0.00 X 0 0 0 ANTHONY L TOULOUSE TRUSTEE (THROUGH 12/31/2020) 1.00 0.00 X 0 0 0 TINA M TROMICZAK TRUSTEE 1.00 0.00 X 0 0 0 PETER O VANDERVOORT PHD BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 EDWARD J WILLIAMS BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 THERESA WOODRUFF PHD BOARD EX-OFFICIO TRUSTEE (THROUGH 06/30/2020) 1.00 0.00 X 0 0 0 1743674 0 112671 9 0 1 0 DIVERSE FACILITY SOLUTIONS INC 12838 S CICERO AVE ALSIP IL 60803 JANITORIAL SERVICES 439395 MEDIAOCEAN LLC 120 BROADWAY 8TH FLOOR NEW YORK NY 10271 ADVERTISING 412651 BRIDGEWATER STUDIO INC 1719 W 35TH ST CHICAGO IL 60609 EXHIBIT FABRICATION 213970 PAUSE FOR THOUGHT LLC 321 NEWPORT BRIDGE RD PINE ISLAND NY 10969 DESIGN SERVICES 191801 TROOP CONTRACTING 648 EXECUTIVE DRIVE WILLOWBROOK IL 60527 CONSTRUCTION SERVICES 152163 10 543323 1679082 4715873 2594983 116404 9533261 ADMISSIONS 900099 3906620 3906620 OTHER PROGRAM REVENUE 900099 191939 191939 SUMMER CAMPS 900099 87132 87132 SKY SHOWS 900099 39312 39312 4225003 862571 862571 661496 0 661496 661496 661496 5376111 4650224 725887 725887 725887 95550 1679082 475332 -379782 -379782 FOOD SERVICE AND CONCESSIONS 900099 257966 257966 MISCELLANEOUS 900099 16129 16129 274095 15902531 4225003 0 2144267 1279379 166037 656405 456937 7952192 6791855 625598 534739 229518 179451 34239 15828 609621 430486 115987 63148 728614 519301 140180 69133 120848 120848 77300 77300 70637 70637 1284559 884309 227734 172516 421534 418771 1277 1486 635635 492118 34376 109141 254799 219459 19874 15466 483290 471387 8368 3535 120417 102830 6941 10646 696278 696278 3048560 3020110 23735 4715 190666 184631 4243 1792 CLEANING AND MAINTENANC 450338 436683 9600 4055 EQUIPMENT, LEASES AND R 251106 231678 17981 1447 FOOD SERVICE AND CONCES 60399 24853 12980 22566 297423 132322 61009 104092 19263113 15402559 2269312 1591242 301187 743806 4722014 3981458 1614921 521987 487228 43311 267302 323866 75794149 53959382 23311972 21834767 30201352 28131465 9513 60915489 55580660 1585721 1554240 1168843 1102061 27000000 27000000 0 10000 6130050 9407514 35884614 39073815 X 13417946 7360862 11612929 9145983 25030875 16506845 60915489 55580660 X -3360582 -1316265 -3847183 X 0 1 X 1 1 1 X 8390346 9652029 5612570 8820471 7776817 40252233 1759997 1781466 1693028 1663289 1753493 8651273 10150343 11433495 7305598 10483760 9530310 48903506 4693436 44210070 1792880 1804693 1986015 2227347 1524067 9335002 673275 700944 667738 616167 369645 3027769 61266277 30692232 0.72160 0.72730 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2015 AMOUNT: $ 30,396. 2016 AMOUNT: $ 22,728. 2017 AMOUNT: $ 23,289. 2018 AMOUNT: $ 23,176. 2019 AMOUNT: $ 16,129. FUNDRAISING - 2015 AMOUNT: $ 112,250. 2016 AMOUNT: $ 121,510. 2017 AMOUNT: $ 107,210. 2018 AMOUNT: $ 128,130. 2019 AMOUNT: $ 95,550. FOOD SERVICE AND CONCESSIONS - 2015 AMOUNT: $ 530,629. 2016 AMOUNT: $ 556,706. 2017 AMOUNT: $ 537,239. 2018 AMOUNT: $ 464,861. 2019 AMOUNT: $ 257,966. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 5595246 -9606 199776 5385864 4508543 1050800 246559 210656 5595246 4222250 100000 357379 171086 4508543 3970436 414781 162967 4222250 4187859 -29309 188114 3970436 0.86310 0.13690 1 0 41849999 26138231 15711768 3672540 2602010 1070530 7427936 5009534 2418402 22843674 20209607 2634067 21834767 DEFERRED PENSION BENEFIT PLAN LIABILITY 6975723 RETIREMENT ANNUITY DUE TO FORMER OFFICER BENEFICIARY 43330 CAPITAL LEASE OBLIGATIONS 136672 INTEREST RATE SWAPS LIABILITY 2251789 9407514 11318141 -1316265 174363 -3371851 -4513753 15831894 70637 70637 15902531 19842171 174363 475332 649695 19192476 70637 70637 19263113 PART III, LINE 1A: IN CONFORMITY WITH THE ACCOUNTING PRACTICES GENERALLY FOLLOWED BY MUSEUMS, THE ADLER'S COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ADLER'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. THE ADLER'S COLLECTIONS ARE MADE UP OF APPROXIMATELY 7,000 ARTIFACTS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS OR TO SUPPORT THE DIRECT CARE OF COLLECTIONS. DIRECT CARE OF COLLECTIONS IS DEFINED BY THE ADLER AS COSTS THAT PROLONG THE LIFE AND USEFULNESS OF THE COLLECTION, COSTS PROVIDING BENEFITS THAT ENHANCE THE QUALITY AND PROTECTION OF THE COLLECTION, AND COSTS THAT MAKE A PHYSICAL IMPACT ON COLLECTIONS OBJECTS, INCREASING OR RESTORING THEIR CULTURAL OR SCIENTIFIC VALUE. ROUTINE AND ONGOING EXPENDITURES ARE NOT CONSIDERED DIRECT CARE OF COLLECTIONS. PART III, LINE 4: FROM ITS INCEPTION, THE ADLER PLANETARIUM HAS HELD ONE OF THE WORLD'S FOREMOST COLLECTIONS OF INSTRUMENTS RELATED TO ASTRONOMY. TODAY, THE ADLER POSSESSES A MAJOR COLLECTION OF HISTORIC SCIENTIFIC INSTRUMENTS; COLLECTIONS OR RARE BOOKS AND OF WORKS ON PAPER DEALING WITH ASTRONOMY, SCIENTIFIC INSTRUMENTS AND RELATED SUBJECTS; A COLLECTION OF REPLICAS AND SIMILAR "HANDS-ON" OBJECTS USED FOR EDUCATIONAL PURPOSES; AND ARCHIVES PERTAINING TO THE HISTORY OF THE ADLER ITSELF. THE ADLER'S HISTORIC SCIENTIFIC INSTRUMENT COLLECTION CONTAINS MORE THAN 2,800 THREE-DIMENSIONAL ARTIFACTS DATING FROM THE 12TH THROUGH THE 20TH CENTURIES, RANGING FROM MEDIEVAL ASTROLABES AND ARMILLARY SPHERES TO SUNDIALS, PLANETARIA, AND TELESCOPES FROM THE SCIENTIFIC REVOLUTION TO CONTEMPORARY INSTRUMENTS FOR CELESTIAL NAVIGATION. THE RARE BOOK COLLECTION (NUMBERING ABOUT 2,700) AND WORKS ON PAPER COLLECTION (MORE THAN 750 WORKS) COVER SUBJECTS RELATED TO ASTRONOMY AND SPACE SCIENCE. THE EDUCATIONAL COLLECTION FURNISHES REALISTIC MODELS AND REPLICAS FOR USE BY THE EDUCATORS ON THE MUSEUM FLOOR AND OFF-SITE, IN SITUATIONS WHERE THE USE OF DELICATE ARTIFACTS WOULD BE INAPPROPRIATE. PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO BE USED PRIMARILY FOR THE MAINTENANCE AND OPERATION OF THE FACILITIES OF THE ADLER PLANETARIUM. THE ADLER PLANETARIUM HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT DIRECT EXPENSES 475,332. CHANGE IN VALUE OF DEFINED BENEFIT PENSION PLAN -2,340,784. UNREALIZED LOSS ON INTEREST RATE SWAP -1,506,399. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT DIRECT EXPENSES 475,332. NORTH AMERICA 0 0 PROGRAM SERVICES CONFERENCE TRAVEL 4191 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CONFERENCE TRAVEL 983 EUROPE 0 0 PROGRAM SERVICES CONFERENCE TRAVEL 2973 EUROPE 0 0 PROGRAM SERVICES CONFERENCE TRAVEL 1508 EUROPE 0 0 PROGRAM SERVICES CONFERENCE TRAVEL 425 EUROPE 0 0 PROGRAM SERVICES CONFERENCE TRAVEL 228 0 0 0 0 0 0 10308 0 10308 0 0 0 0 0 0 PART III ACCOUNTING METHOD: CELESTIAL BALL 1752557 1657007 95550 114378 7648 352292 WOMEN IN SPACE SCIENCE 22075 22075 1014 1774632 1679082 95550 114378 7648 353306 475332 -379782 X X X X 0 0 0 0 0 0 0 1 0 MICHELLE B LARSON PRESIDENT & CEO 400988 0 25000 0 0 0 11200 0 759 0 437947 0 0 0 CATHLEEN BRUEGGEMANN VP, DEVELOPMENT 220157 0 0 0 0 0 6767 0 5594 0 232518 0 0 0 MARCIA J HEUSER VP, FINANCE & ADMINISTRATION/CFO 222239 0 0 0 280 0 7223 0 619 0 230361 0 0 0 RYUTARO MIZUNO VP, MARKETING & COMMUNICATIONS 178835 0 0 0 0 0 7717 0 12586 0 199138 0 0 0 CHRISTOPHER COMERFORD VP, ENTERPRISE STRATEGY & SOLUTIONS/ 179348 0 0 0 0 0 7519 0 9917 0 196784 0 0 0 ANDREW JOHNSTON VP, MUSEUM EXPERIENCE & COLLECTIONS 149363 0 0 0 0 0 5975 0 0 0 155338 0 0 0 LAURA TROUILLE VP, SCIENCE ENGAGEMENT & VISUALIZATI 148363 0 0 0 0 0 5975 0 311 0 154649 0 0 0 PART I, LINE 7 BONUSES WERE PAID TO CERTAIN PERSONS LISTED IN PART VII, SECTION A AT THE DISCRETION OF THE BOARD OF TRUSTEES BASED ON SPECIAL ACHIEVEMENT CRITERIA THAT THE BOARD SET. X 4 44612 FAIR MARKET VALUE X FOOD - EVENTS 7 71792 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE AMOUNT LISTED IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART III, LINE 3 DUE TO THE COVID-19 PANDEMIC, ADLER WAS REQUIRED TO CLOSE THE BUILDING TO GUEST-FACING ACTIVITIES IN MARCH OF 2020. HOWEVER, THE STAFF CONTINUED TO EXPAND ADLER'S DIGITAL OFFERINGS TO CONTINUE FULFILLING ADLER'S MISSION. FORM 990, PART VI, SECTION A, LINE 1 AN "EXECUTIVE COMMITTEE" CONSISTING OF THE CHAIR, VICE CHAIRS, TREASURER, SECRETARY, PRESIDENT AND CEO, AND SIX (6) ADDITIONAL TRUSTEES (ONE OF WHICH MAY BE THE IMMEDIATE PAST CHAIR) ELECTED BY THE BOARD OF TRUSTEES AT THE REGULAR ANNUAL MEETING OF THE BOARD OF TRUSTEES SHALL, WHEN THE BOARD OF TRUSTEES IS NOT IN SESSION, HAVE AND EXERCISE ALL OF THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE CORPORATION EXCEPT AS PROVIDED IN THE ILLINOIS NOT FOR PROFIT CORPORATION ACT. THE EXECUTIVE COMMITTEE SHALL REPORT ON ITS ACTIVITIES TO THE BOARD OF TRUSTEES AT THE BOARD'S LEGALLY CONVENED MEETINGS. THE PRESIDENT AND CEO SHALL SERVE AS EXECUTIVE SECRETARY TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS JAMES J. O'CONNOR, SR. AND JAMES J. O'CONNOR, JR. HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT OF THE ORGANIZATION AND IF ANY QUESTIONS ARISE DURING THEIR REVIEW, THEY ARE ADDRESSED WITH THEIR PAID TAX PREPARER. A PRESENTATION OF THE FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE WHO HAS BEEN DELEGATED THE REVIEW RESPONSIBILITY. ALL BOARD MEMBERS RECEIVE A COPY OF THE FINAL FORM 990, INCLUDING ALL APPLICABLE SCHEDULES, PRIOR TO FILING THE FORM WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE POLICY OF THE ADLER PLANETARIUM, ITS BOARD OF TRUSTEES AND COMMITTEES TO ENSURE THAT BOARD MEMBERS AND EMPLOYEES IN ALL OF THEIR ACTIVITIES AVOID CONFLICTS OF INTEREST-ACTUAL, POTENTIAL OR PERCEIVED-WHILE PERFORMING THEIR MUSEUM-RELATED DUTIES. IN PARTICULAR, NO PERSONS SHOULD OBTAIN OR APPEAR TO OBTAIN SPECIAL ADVANTAGES FOR THEMSELVES, THEIR RELATIVES, OR THEIR CLOSE ASSOCIATES AS A RESULT OF THEIR AFFILIATION AS A BOARD MEMBER OR EMPLOYEE. ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUESTED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE ANNUALLY. THE DISCLOSURES ARE REVIEWED BY EXECUTIVE STAFF AND IF A CONFLICT IS DETERMINED TO EXIST, THE MATTER IS BROUGHT TO THE EXECUTIVE COMMITTEE FOR FURTHER REVIEW. THE IMPLICATIONS IN PRACTICE FOR THIS POLICY VARY FROM ACTIVITY TO ACTIVITY AND THIS GENERAL POLICY SHOULD NOT LIMIT THE COOPERATION AND MUTUAL ASSISTANCE THAT IS NECESSARY FOR THE EFFECTIVE FUNCTIONING OF THE ORGANIZATION. IN ADDITION, THE ADLER IS A MEMBER OF THE AMERICAN ASSOCIATION OF MUSEUMS AND SUBSCRIBES TO THE CODE OF ETHICS FOR MUSEUMS. IN SUBSCRIBING TO THIS CODE, THE ADLER ASSUMES RESPONSIBILITY FOR THE ACTIONS OF EMPLOYEES OF THEIR GOVERNING AUTHORITY AND VOLUNTEERS IN THE PERFORMANCE OF MUSEUM-RELATED DUTIES. A COPY OF THE CODE OF ETHICS FOR MUSEUMS IS GIVEN TO ALL NEW EMPLOYEES. IF A CONFLICT IS DETERMINED BETWEEN A BOARD MEMBER AND THE ORGANIZATION, THE CONFLICT IS NOTED AND THE BOARD MEMBER IS ASKED TO ABSTAIN FROM ANY DISCUSSION OF OR VOTING ON ISSUES RELATED TO THAT CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 IN FALL 2011, THE COMPENSATION COMMITTEE OF THE BOARD (COMPRISED OF INDEPENDENT BOARD MEMBERS AND THE ADLER PRESIDENT AND CEO) INITIATED A COMPREHENSIVE REVIEW OF SALARIES AND BENEFITS FOR ALL STAFF POSITIONS, INCLUDING TOP MANAGEMENT, THAT WAS CONCLUDED IN SPRING 2012 AND FURTHER UPDATED IN LATE 2012. DATA FROM LOCAL AND NATIONAL MUSEUMS, SCIENCE CENTERS, UNIVERSITIES AND OTHER EDUCATIONAL INSTITUTIONS, AND CHICAGO-BASED PROFESSIONAL SERVICE FIRMS AND OTHER EMPLOYERS WAS CONSIDERED. THE EXECUTIVE COMMITTEE HAS ASSUMED THE RESPONSIBILITIES OF THE COMPENSATION COMMITTEE. IN ADDITION, THE EXECUTIVE COMMITTEE SURVEYS, ON A PERIODIC BASIS, SIMILAR SIZED AND LOCATED NOT-FOR-PROFIT ORGANIZATIONS TO ATTRACT, RETAIN, AND REWARD HIGH-PERFORMING INDIVIDUALS. THE EXECUTIVE COMMITTEE ANNUALLY REVIEWS THE COMPENSATION OF THE PRESIDENT AND CEO USING COMPARABILITY DATA. THE PRESIDENT AND CEO DOES NOT TAKE PART IN ANY DECISIONS REGARDING HER OWN COMPENSATION. CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATIONS AND DECISIONS ARE KEPT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. THE ADLER MAKES ITS AUDITED FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF DEFINED BENEFIT PENSION PLAN -2,340,784. UNREALIZED LOSS ON INTEREST RATE SWAP -1,506,399.