2021-02-26T15:34:59-07:00 2020-06-30 990 2019-07-01 362167004 CHICAGO HISTORICAL SOCIETY CHIC 3126424600 1601 N Clark Street Chicago IL 60614 Cheryl Obermeyer VP of Finance 3127992120 2021-02-25 2019 2022-09-23 18:48:47Z Gary T Johnson 1601 North Clark Street Chicago IL 60614 39527228 0 X www.chicagohistory.org X 1857 IL To share Chicago's stories, serving as a hub of scholarship and learning, inspiration, and civic engagement. 74 74 145 91 308256 0 8762537 9127594 1416356 960043 3287715 4703822 898512 934493 14365120 15725952 0 0 0 0 7874094 7250457 0 0 1651725 11166026 10059868 19040120 17310325 -4675000 -1584373 121638136 120490653 68994096 74108832 52644040 46381821 To share Chicago's stories, serving as a hub of scholarship and learning, inspiration, and civic engagement is the foundation of the Museum's programs and events, exhibitions, educational initiatives, publications, and collecting activities that touch the lives of all Chicagoans and help them make meaningful and personal connections to history. 0 0 7762566 0 30863 EDUCATION AND AUDIENCE - CHM engages audiences with history that reflects our city's complex past and diverse communities. Our exhibitions and programs bring Chicago's past to life for families, adults, Museum members, and students. In 2020, we faced significant limitations to our in-person offerings because of COVID-19 restrictions, and we used our vast online resources to deliver content to cultural audiences while the Museum was closed. Most notably, we launched our Chicago History at Home virtual series, which offers "bite-size" interpretive moments to history lovers via email and social media. The initiative draws a monthly average reach of 350,000 on social media. Over 150 posts were created in 2020, each featuring images from our collection and related stories. We advanced other digital projects in 2020 as well, completing our virtual reality experience of the first Ferris Wheel at the World's Columbian Exposition and adding exhibitions to our Google Arts and Culture site. While we were only able to welcome 20% of our usual 50,000 annual school visitors onsite, we stepped up to serve 16,000 students and educators with remote workshops and virtual tours. Another 9,200 families and teachers downloaded our learning activities for children and youth. The Museum hosts robust public programs, including panel discussions, commemorative day celebrations, film screenings, and public history tours of the iconic sites and neighborhood treasures of Chicago. These experiences allow CHM to bring our collection and interpretive content to broad audiences. We reached 14,314 people through virtual programs in 2020. Last year, CHM served over 11,000 students through the Chicago Metro History Fair, a program that engages nearly 90 schools with an inquiry-based curriculum and culminates in showcases of student projects. We pivoted to virtual fairs and teacher support for History Fair in 2020. 3295672 0 562151 COLLECTIONS AND RESEARCH - CHM houses a premier collection, estimated at nearly 30 million objects, documents and images, including an unparalleled set of materials pertaining to Abraham Lincoln; one of the largest and most significant costume collections in the world; the Hedrich Blessing architecture photography collection; the photo morgues of the Chicago Daily News and the Chicago Sun Times newspapers; a flag by Betsy Ross; and the complete library of Studs Terkel's WFMT interviews. CHM seeks to maximize discoverability of its collections, making primary source material available to researchers. Our onsite vehicle for public access is the Research Center, a non-circulating library of publications, images, documents, and artifacts, which serves over 5,000 patrons annually. CHM's website introduces nearly half a million annual online visitors to collection holdings and offers access to its Research Center staff, who address research inquiries. The Research Center also hosts hundreds of History Fair students every season, who visit to conduct research on their selected topics. 1294235 0 865882 EXHIBITIONS - CHM shares Chicago's stories, enabling visitors to explore historical themes and events and reflect on the city's diverse communities. CHM exhibits photos, videos, artifacts, and interactive displays that connect audiences to history. Exhibits are designed, fabricated, and installed according to national industry best practices and with an eye for innovative methods of interpretation. In addition to maintaining permanent exhibitions such as the landmark Chicago: Crossroads of America, Facing Freedom, and Sensing Chicago, CHM offered several temporary exhibitions in 2020. They include Remembering Dr. King: 1929-1968; Modern by Design: Chicago Stremlines America; American Medina: Stories of Muslim Chicago; and Millions of Moments: the Chicago Sun-Times Photo Archive. Our online exhibition Democracy Limited: Chicago Women and the Vote debuted in 2020 to commemorate the centennial of the 19th Amendment. 0 0 0 12352473 1 0 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 83 0 1 145 1 1 1 0 0 0 0 0 0 0 X 74 74 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X Cheryl Obermeyer 3127992120 1601 N Clark Street Chicago IL 60614 Gary T Johnson President 35 0 X 339547 0 11946 Russell L Lewis Executive Vice President 35 0 X 228391 0 6866 Cheryl Obermeyer Vice President of Finance 35 0 X 165934 0 14052 John Russick Senior Vice President 35 0 X 169184 0 6014 David Deyhle Vice President for External Relations 35 0 X 147239 0 20252 Michael Anderson Director Institutional Advancement, Major Gifts 35 0 X 145560 0 6117 James L Alexander Trustee 1 0 X 0 0 0 Catherine Arias Trustee 1 0 X 0 0 0 Michelle Bibergal Trustee 1 0 X 0 0 0 Matthew Blakely Trustee 1 0 X 0 0 0 David P Bolger Trustee 1 0 X 0 0 0 Laurence O Booth Trustee 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7767655 0 393234 0 334384 0 7826505 7606855 0 495184 0 334384 0 7767655 7467901 0 473338 0 334384 0 7606855 8636431 -500000 -313131 0 355399 0 7467901 0.85 0.15 0 0 0 0 1 1 0 53460157 30758349 22701808 0 0 0 0 0 18220071 15731482 2488589 0 0 0 0 25190398 0 F 0 F Private equity limited partnerships 4794901 F Hedge funds 11973633 F Real Estate (REIT) 2992271 F 19760805 0 Interest rate swap agreement 22249422 22249422 X 15774257 -643001 0 0 0 -643001 16417258 507522 -1198828 -691306 15725952 22036476 0 0 0 5233673 5233673 16802803 507522 0 507522 17310325 Schedule D, Part III, Line 1 The Chicago Historical Society's permanent collections, which were acquired through purchases and contributions from benefactors since the inception are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the purchase is acquired. Proceeds from the deacessions or insurance recoveries are reflected as increases in net asset class. The collections are held for educational, research and historical purposes. The items are cataloged, preserved and conserved. Schedule D, Part III, Line 4 The organization collects, exhibits and interprets documents, images and artifacts related to the history of metropolitan Chicago and the United States. The mission is to expand the audiences of history, to be a leader in historical education and a premier research institution. Schedule D, Part V, Line 4 To provide a predictable stream of funding to the programs supported by the endowment while seeking to maintain with the purchasing power of the endowment assets. Schedule D, Part X, Line 2 The Society has received a favorable determination letter from the Internal Revenue Service, stating that the Society is exempt from federal income taxes under the provisions of Section 501(c)(3) of the Internal Revenue Code of (IRC) 1986, as amended, except for income taxes pertaining to unrelated business income. The Financial Accounting Standards Board (FASB) issued guidance that requires tax effects from uncertain tax positions to be recognized in the financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. Management has determined there are no material uncertain tax positions that require recognition in the financial statements. Schedule D, Part XI, Line 4b Revenue in annual audited financial statements include gross revenue for gross rents, fundraising events, and sales of inventories. Schedule D, Part XII, Line 2d The annual audit includes changes in value of interest rate swap agreement and split interest agreement. Making History Awards 480279 323779 156500 0 0 0 0 0 70072 0 0 480279 323779 156500 0 0 0 0 0 70072 70072 86428 X X X X 0 0 0 0 0 0 0 0 0 Gary T Johnson President 314547 0 25000 0 0 0 11000 0 946 0 351493 0 0 0 Russell L Lewis Executive Vice President 188391 0 40000 0 0 0 6866 0 0 0 235257 0 0 0 Cheryl Obermeyer Vice President of Finance 153434 0 12500 0 0 0 6246 0 7807 0 179987 0 0 0 John Russick Senior Vice President 159184 0 10000 0 0 0 5660 0 353 0 175197 0 0 0 David Deyhle Vice President for External Relations 137239 0 10000 0 0 0 5790 0 14462 0 167491 0 0 0 Michael Anderson Director Institutional Advancement, Major Gifts 145560 0 0 0 0 0 5764 0 353 0 151677 0 0 0 A Illinois Finance Authority 861091967 45200Bxs2 2006-02-09 50975000 capital construction 0 0 0 A 0 0 50975000 0 0 0 498494 0 50976506 50975000 0 0 2006 1 0 1 1 A 0 0 0 0 0 0 0 1 0 1 A 1 1 0 0 0 1 X 20 724808 STOCK MARKET PRICE X 49 0 0 1 0 1 0 Schedule M, Part I, Line 33 The organization reports a zero amount on form 990 Part VIII, line G because it does not capitalize or value its collection as allowed under SFAF 116. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed and approved by the Finance and Audit Committee, distributed to the Board of Trustees requesting their review, and provided during the annual audit process. Comments and questions are directed to the Vice President of Finance. Form 990, Part VI, Section B, Line 12c A periodic report of trustee-related transactions is reviewed for potential conflicts. Form 990, Part VI, Section B, Line 15 The Executive Committee of the organization is responsible for the annual review of the compensation for the President and Officers. The process includes the review of performance against institutional goals, comparable market salary data. The process is completed with Executive Committee recommendation and approval of the Board of Trustees. Form 990, Part VI, Section C, Line 19 In the organization's annual report on the museum's website, it is noted that the organization's tax filings are available upon request. Form 990, Part XI, Line 9 Change in value of interest rate swap agreement - ($5,198,955) Change in value of split interest agreements -($34,718) Fundraising event and sale of inventory net -$1,198,828 Form 8868 Extension Approved