2016-11-03T16:38:23-05:00 2015-12-31 381357951 PLANTE & MORAN PLLC 10 S Riverside Plaza 9th Floor Chicago IL 60606 990 2015-01-01 362167011 FIELD MUSEUM OF NATURAL HISTORY FIEL 3129229410 1400 SOUTH LAKE SHORE DRIVE CHICAGO IL 606052827 Le Monte G Booker Sr Chief Financial Officer 3129229410 2016-10-31 1 Lu Ann Trapp P01506476 3122071040 2016-10-31 2015 2017-02-10 21:41:12Z LE MONTE G BOOKER SR 1400 SOUTH LAKE SHORE DRIVE CHICAGO IL 606052827 137282582 0 X WWW.FIELDMUSEUM.ORG X 1893 IL THE MUSEUM IS AN INDEPENDENT CENTER OF LEARNING THAT ENGAGES IN RESEARCH AND PUBLIC EDUCATION. 78 69 738 503 4188621 859697 51540413 63343083 26811015 28493341 16049296 8752489 911054 -81901 95311778 100507012 437876 253388 0 0 28238379 29442310 55842 248317 4218789 42738765 44519551 71470862 74463566 23840916 26043446 648291562 667168160 210716046 210249974 437575516 456918186 X THE FIELD MUSEUM IS AN EDUCATIONAL INSTITUTION CONCERNED WITH THE DIVERSITY AND RELATIONSHIPS IN NATURE AND AMONG CULTURES. IT PROVIDES COLLECTION-BASED RESEARCH AND LEARNING FOR GREATER PUBLIC UNDERSTANDING AND APPRECIATION OF THE WORLD IN WHICH WE LIVE. ITS COLLECTIONS, PUBLIC LEARNING PROGRAMS, AND RESEARCH ARE INSEPARABLY LINKED TO SERVE A DIVERSE PUBLIC OF VARIED AGES, BACKGROUNDS AND KNOWLEDGE. 0 0 27312093 248350 1593710 SCIENCE & EDUCATION: SCIENCE AND EDUCATION CONSISTS OF Four COMPLEMENTARY CENTERS-THE COLLECTIONS CENTER, THE INTEGRATIVE RESEARCH CENTER, THE SCIENCE ACTION CENTER, And the learning center. TOGETHER, THESE CENTERS ADVANCE THE MUSEUM'S MISSION OF UNDERSTANDING THE PAST, EXPLORING ITS PRESENT, AND SHAPING A FUTURE FOR THE EARTH THAT IS RICH WITH BIOLOGICAL AND CULTURAL DIVERSITY. THE COLLECTIONS AMOUNT TO OVER 25,000,000 NATURAL OBJECTS AND MAN-MADE ARTIFACTS SPANNING THE MUSEUM'S FOUR DISCIPLINES - ANTHROPOLOGY, BOTANY, GEOLOGY, AND ZOOLOGY. 15437608 5038 16155680 PUBLIC PROGRAMS: THE MUSEUM BRINGS SCIENCE TO LIFE WITH MORE THAN 400,000 SQUARE FEET OF SPACE DEVOTED TO EXHIBITIONS AND OTHER PUBLIC PROGRAMS. IN 2015, THE MUSEUM WELCOMED MORE THAN 1,300,000 VISITORS. 11026101 0 0 Museum Services: The Museum has approximately 1,300,000 square feet for which Museum Services provides engineering, maintenance, and security, as well as directly supports the Science and Education and Public Programs. 9120540 0 10743951 MUSEUM OUTREACH AND BUSINESS ENTERPRISES. 9120540 0 10743951 62896342 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 1 0 0 0 1 145 0 1 738 1 1 1 0 0 0 0 1 1 0 0 0 0 X 78 69 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT GA IL IN KS KY ME MD MA MI MN NJ NM NY NC OH OK OR PA RI SC TN UT VI WA WV WI MS ND X Le Monte G Booker Sr 3126657240 1400 S LAKESHORE DRIVE CHICAGO IL 606052496 Richard W Lariviere President + CEO 35.00 X X 586422 0 122028 James L Alexander Board Member 1.00 X 0 0 0 Lucinda M Baier Board Member 1.00 X 0 0 0 Susan M Benton Board Member 1.00 X 0 0 0 Howard B Bernick Board Member 1.00 X 0 0 0 Amy E Best Board Member 1.00 X 0 0 0 Norman R Bobins Vice Chairman, Audit 3.00 X X 0 0 0 John L Bucksbaum Board Member 1.00 X 0 0 0 John A Canning Jr Board Member 3.00 X X 0 0 0 Gregory C Case Board Member 1.00 X 0 0 0 Dr Richard A Chaifetz Vice Chairman, Retirement & Benefits 3.00 X X 0 0 0 Richard W Colburn Board Member 1.00 X 0 0 0 Kenneth W Coquillette Board Member 1.00 X 0 0 0 David Cotton Board Member 1.00 X 0 0 0 Sir Peter Crane FRS Board Member 1.00 X 0 0 0 Kermit R Crawford Board Member 1.00 X 0 0 0 Robert W Crawford Jr Board Member 1.00 X 0 0 0 Marsha A Cruzan Vice Chairman, Development 3.00 X X 0 0 0 Oscar A David Board Member 1.00 X 0 0 0 Louis T Delgado Board Member 1.00 X 0 0 0 Roger K Deromedi Board Member 1.00 X 0 0 0 Richard Elden Board Member 1.00 X 0 0 0 Charles M Falcone Board Member 1.00 X 0 0 0 Rick Fezell Board Member 1.00 X 0 0 0 Marshall Field V Board Member 1.00 X 0 0 0 Michael E Flannery Board Member 1.00 X 0 0 0 James S Frank Board Member 3.00 X X 0 0 0 Marshall B Front Vice Chairman, Investment 3.00 X X 0 0 0 J Erik Fyrwald Board Member 1.00 X 0 0 0 Wilbur H Gantz III Vice Chairman, Science 3.00 X X 0 0 0 Ronald J Gidwitz Board Member 1.00 X 0 0 0 Ruth Ann M Gillis Board Member 1.00 X 0 0 0 Robert H Gordon Board Member 1.00 X 0 0 0 Jack M Greenberg Board Member 1.00 X 0 0 0 Judy Greffin Vice Chairman, Finance 3.00 X X 0 0 0 Lewis S Gruber Board Member 1.00 X 0 0 0 Adnaan Hamid Board Member 1.00 X 0 0 0 David D Hiller Board Member 1.00 X 0 0 0 Jamee C Field Kane Board Member 1.00 X 0 0 0 Todd Kaplan Board Member 1.00 X 0 0 0 Michael L Keiser Board Member 1.00 X 0 0 0 Constance T Keller Chairman of the Board 3.00 X X 0 0 0 Jeffrey B Keller Board Member 1.00 X 0 0 0 Richard L Keyser Board Member 1.00 X 0 0 0 William C Kunkler III Vice Chairman, Governance 3.00 X X 0 0 0 Randolph R Kurtz Board Member 1.00 X 0 0 0 Diane von Schlegell Levy Board Member 1.00 X 0 0 0 Dr Patricia Marroquin Norby Board Member 1.00 X 0 0 0 W James McNerney Jr Board Member 1.00 X 0 0 0 Bobby Mehta Vice Chairman, Public Programs 3.00 X X 0 0 0 Clare Munana Vice Chairman, Government Relations 3.00 X X 0 0 0 Neil S Novich Board Member 1.00 X 0 0 0 James J O'Connor Jr Vice Chairman, Facilities 3.00 X X 0 0 0 Michael O'Grady Board Member 1.00 X 0 0 0 David C Parry Board Member 1.00 X 0 0 0 Aurie A Pennick Board Member 1.00 X 0 0 0 John F Podjasek III Board Member 1.00 X 0 0 0 Peter B Pond Board Member 1.00 X 0 0 0 Richard S Price Board Member 1.00 X 0 0 0 John Rau Board Member 1.00 X 0 0 0 Douglas P Regan Board Member 1.00 X 0 0 0 Thomas S Ricketts Board Member 1.00 X 0 0 0 John W Rowe Immediate Past Chairman 3.00 X X 0 0 0 Michael J Sacks Board Member 1.00 X 0 0 0 Nydia Searle Board Member 1.00 X 0 0 0 Dr Michael E Severino Board Member 1.00 X 0 0 0 Jai Shekhawat Board Member 1.00 X 0 0 0 Alejandro Silva Board Member 1.00 X 0 0 0 Adele S Simmons Board Member 1.00 X 0 0 0 Matthew K Simon Secretary 3.00 X X 0 0 0 Dawn L Solomon Board Member 1.00 X 0 0 0 Mark Tebbe Vice Chairman, Technology 3.00 X X 0 0 0 Mark R Walter Board Member 1.00 X 0 0 0 Everett S Ward Board Member 1.00 X 0 0 0 Laura S Washington Board Member 1.00 X 0 0 0 Melvin D Williams Board Member 1.00 X 0 0 0 W Rockwell Wirtz Vice Chairman, Marketing 3.00 X X 0 0 0 Patrick Wood-Prince Board Member 1.00 X 0 0 0 Thomas L Bernardin Past Board Member 1.00 X 0 0 0 Barbara Byrd-Bennett Past Board Member 1.00 X 0 0 0 Michael W Ferro Jr Past Board Member 1.00 X 0 0 0 Jeffrey T Foland Past Board Member 1.00 X 0 0 0 Antonio J Gracias Past Board Member 1.00 X 0 0 0 Bryant L Keil Past Board Member 1.00 X 0 0 0 JB Pritzker Past Board Member 1.00 X 0 0 0 Elizabeth W Reese Past Board Member 1.00 X 0 0 0 Michael Tang Past Board Member 1.00 X 0 0 0 David M Tolmie Past Board Member 1.00 X 0 0 0 Greg Wasson Past Board Member 1.00 X 0 0 0 J W Croft Executive Vice President 35.00 X 353084 0 29456 Le Monte G Booker Sr Chief Financial Officer 35.00 X 24083 0 610 Debra Moskovits VP, Science and Education 35.00 X 169895 0 17523 Raymond DeThorne Chief Marketing Officer 35.00 X 203153 0 8437 Charles Katzenmeyer VP, Institutional Advancement 35.00 X 232252 0 19345 R L Grande Distinguished Service Curator 35.00 X 195050 0 30304 Olivier Rieppel Curator 35.00 X 184450 0 23433 Gary Feinman Curator 35.00 X 159778 0 21487 Shawn VanDerziel Chief Human Resources Officer 35.00 X 163589 0 17065 2271756 0 289688 24 0 1 0 OMD USA LLC PO Box 533202 Charlotte NC 28290 Advertising 1221237 Hill Mechanical Corporation 11045 Gage Avenue Franklin Park IL 60131 Construction 1013437 Ortiz Builders Inc 3607 West 26th Street Chicago IL 60623 Construction 974332 HillAhern Fire Protection LLC 11045 Gage Avenue Franklin Park IL 60131 Construction 647635 DDB 200 E Randolph St Chicago IL 60616 Advertising 636330 44 2075691 7590345 53677047 7363276 63343083 ADMISSIONS 900099 14117237 14117237 Event Income 900099 4240192 108816 4131376 MEMBERSHIP DUES 900099 2818918 2818918 Commissions 900099 2039546 2039546 traveling exhibits 900099 2038443 2038443 3239005 3239005 28493341 3677011 57245 3619766 141718 141718 41401391 36325913 5075478 5075478 5075478 226038 2075691 449657 -223619 -223619 100507012 24361965 4188621 8613343 X 3128 3128 138960 138960 111300 111300 1514691 433244 569291 512156 19473284 16245561 1461785 1765938 868677 724216 76791 67670 5840549 4872470 438428 529651 1745109 1454897 154268 135944 163003 12617 150386 223867 223867 61500 61500 248317 248317 1028159 1028159 8143879 7553802 155065 435012 1990236 1981558 7793 885 5828631 4163809 1369238 295584 1125612 798269 327343 412409 412409 9722666 9334098 330370 58198 1654014 1329066 211495 113453 6587 6587 13255067 13061179 137907 55981 273641 273641 UNRELATED BUSINESS INCO 364521 364521 265759 265759 74463566 62896342 7348435 4218789 614911 691417 7785246 14935732 27453828 50916373 6327992 5182683 133101 134021 5101699 5685822 436321565 193981638 248393617 242339927 195241541 96317671 151969276 246011471 5270351 4953043 648291562 667168160 6373675 7343137 10632141 10530508 167000000 166500000 3300000 1800000 23410230 24076329 210716046 210249974 X 244668013 230989295 85927043 82564329 106980460 143364562 437575516 456918186 648291562 667168160 X 26043446 -6605035 -95741 X 0 1 X 1 1 1 X 36609705 35500504 23508548 48657237 60529880 204805874 6276236 5592178 5607427 5690148 5717121 28883110 42885941 41092682 29115975 54347385 66247001 233688984 43744589 189944395 4024427 4707156 4300242 4055098 3818730 20905653 734497 705088 611914 946745 859697 3857941 464548 266743 896484 1627775 260080353 127264597 0.73030 0.81290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 50 0 0 1 74845 0 0 74895 0 Part II-B, Line 1: THE MUSEUM DEVOTED AN INSUBSTANTIAL PART OF ITS ACTIVITIES TO MONITORING AND COMMUNICATING WITH THE FEDERAL AND STATE LEGISLATURES IN AN EFFORT TO FURTHER LEGISLATION WHICH MIGHT BENEFIT THE MUSEUM. IN ADDITION TO MINIMAL EMPLOYEE TIME ALLOCATED TO LOBBYING, A CONSULTANT WAS PAID $60,000 FOR THEIR SERVICES IN SUPPORT OF THESE ACTIVITIES IN 2015. THE CONSULTANT PROVIDES STRATEGIC COUNSEL TO THE MUSEUM REGARDING RELATIONS MATTERS AND PROVIDES PROFESSIONAL STAFF TO CARRY OUT GOVERNMENT FUNCTIONS IN WASHINGTON, D.C. 0 1 X X X X 0 346592799 12782333 2678313 14787000 1028159 346238286 341408704 4113504 16912794 14827000 1015203 346592799 299203583 6398159 51278220 14586000 885258 341408704 274221882 4772738 35343073 14300000 834110 299203583 300540857 3708392 -3207966 26000000 819401 274221882 0.56070 0.28700 0.15230 1 0 307898263 139480089 168418174 102853049 44305784 58547265 25402188 10195765 15206423 168065 168065 242339927 EQUITY SECURITY FUNDS 104163533 F FIXED INCOME SECURITIES FUNDS 12329712 F HEDGED EQUITY FUNDS 50816186 F ABSOLUTE RETURN FUNDS 76706979 F LIMITED PARTNERSHIP 1949767 F Other funds 45294 F 246011471 ACCRUED PENSION COSTS 3013301 INTEREST RATE SWAP 21063028 24076329 X 93302734 -6605035 75000 353916 -6176119 99478853 1028159 1028159 100507012 73960064 75000 449657 524657 73435407 1028159 1028159 74463566 Part III, Line 1a: THE MUSEUM'S COLLECTIONS ARE COMPRISED OF OBJECTS OF HISTORICAL, CULTURAL OR SCIENTIFIC SIGNIFICANCE THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING ITS EXISTENCE AND ASSESSING ITS CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE DEPOSITED IN THE ENDOWMENT, WITH EARNINGS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS OR PROVIDE FOR THE DIRECT CARE OF EXISTING COLLECTIONS. IN ACCORDANCE WITH THE PRACTICE GENERALLY FOLLOWED BY MUSEUMS, THE VALUE OF OBJECTS IN THE COLLECTIONS IS EXCLUDED FROM THE FINANCIAL STATEMENTS; COLLECTIONS ARE REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS AT A NOMINAL VALUE OF $1. SUCH COLLECTIONS HAVE BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS DECREASES IN TEMPORARILY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN NET ASSETS. THERE WERE NO SALES OF COLLECTION ITEMS IN 2015 or 2014. Part III, Line 4: The Museum's collections are comprised of artifacts of historical, cultural, or scientific significance. A portion of the collection is featured in the Museum's general collection which is open for public exhibition. The collection is also used for advanced scientific study and scholarly research. Through exhibition and study, the Museum acts as an independent center of learning focused on diversity in the world's physical environments and cultures in furtherance of the organization's exempt purpose. Part V, Line 4: The assets of the endowment funds shall be invested to obtain the greatest "total return" commensurate with the risks deemed appropriate pursuant to the provisions of the investment policy. The primary objectives of the management of the endowment funds are to 1) achieve long-term growth through capital appreciation as well as income and 2) preserve the purchasing power of the assets of the endowment fund by obtaining a "real return" equal to or in excess of normal annual spending-endowment withdrawals to support the Museum. Part X, Line 2: THE MUSEUM IS EXEMPT FROM INCOME TAXATION UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A COMPARABLE STATE OF ILLINOIS STATUTE. MANAGEMENT BELIEVES THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE TAX YEARS ENDED 2012, 2013, 2014 AND 2015 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. THE MUSEUM HAS A POLICY TO RECORD INTEREST AND PENALTIES (IF ANY) RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE MUSEUM HAS DETERMINED THAT ITS TAX POSITIONS SATISFY THE MORE LIKELY THAN NOT CRITERION. FOR THE YEAR ENDED DECEMBER 31, 2015 AND 2014, NO INTEREST AND PENALTIES WERE RECORDED. Part XI, Line 2d - Other Adjustments: PENSION-RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -95,741. special events expenses 449,657. Part XII, Line 2d - Other Adjustments: special events expenses 449,657. 1 East Asia & the Pacific Program Service Public Programs 32633 Europe (Iceland & Greenland) Program Service Public Programs 471682 Middle East & North Africa Program Service Public Programs 2193 North America Program Service Public Programs 95832 East Asia & the Pacific Program Service Science & Education 542370 Europe (Iceland & Greenland) Program Service Science & Education 208670 North America Program Service Science & Education 125864 Russia & Newly Independent States Program Service Science & Education 2312 South America Program Service Science & Education 141887 South Asia Program Service Science & Education 15000 Sub-Saharan Africa Program Service Science & Education 236512 Central America and the Caribbean Investments 112976333 Sub-Saharan Africa Grantmaking Stipend for Research 81590 South America Grantmaking Stipend for Research 20660 South Asia Grantmaking Stipend for Research 2200 Europe (Iceland & Greenland) Grantmaking Stipend for Research 3350 East Asia & the Pacific Grantmaking Stipend for Research 1700 Central America and the Caribbean GrantMaking Stipend for research 1800 Central America and the Caribbean Program service Science and Education 3353 South Asia Program Service Public Program 260 0 0 0 0 0 0 1481556 113484645 114966201 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina, Faso, STIPEND FOR RESEARCH 79678 WIRE 1 Stipend for research South America 1 15000 wire 1 0 1 1 1 0 Part I, Line 2: STAFF MAKE VISITS TO MONITOR WORK BEING DONE OUTSIDE THE UNITED STATES AND REPORT ON THE STATUS OF THE GRANTS. X X X X X X X 1 Marts & Lundy 1200 Wall Street West Lyndhurst NJ 07071 Campaign Consultant 0 45195626 126443 45069183 Patricia Hurley 205 W Wacker Dr Ste 1400 Chicago IL 60606 Event Consultant 0 1987540 65000 1922540 SD&A 5757 W CENTURY BLVD SUITE 300 los angeles CA 90045 telemarketing 0 84666 56874 27792 47267832 248317 47019515 AK AL CA CO CT FL GA IL IN KS KY MA MD ME MI MN MO NC ND NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV WOMEN'S BOARD GALA 1987540 1851923 135617 358375 WOMEN'S BOARD LUNCHEON 239460 210030 29430 69432 1 33410 13738 19672 21850 2260410 2075691 184719 449657 449657 -264938 1 STIPENDS FOR SCIENCE AND EDUCATION 23 133922 Stipends for public programs 1 5038 Part I, Line 2: A DEPARTMENT ADMINISTRATOR REVIEWS ALL OF THE REQUESTS FOR PAYMENTS AND SIGNS OFF ON THE REQUEST BEFORE PAYMENT IS ISSUED. X 1 1 X X X X 1 1 0 0 0 0 0 1 0 Richard W Lariviere President + CEO 586422 0 0 0 0 0 111725 0 10303 0 708450 0 0 0 J W Croft Executive Vice President 304569 0 0 0 48515 0 19637 0 9819 0 382540 0 48515 0 Debra Moskovits VP, Science and Education 169895 0 0 0 0 0 11995 0 5528 0 187418 0 0 0 Raymond DeThorne Chief Marketing Officer 203153 0 0 0 0 0 0 0 8437 0 211590 0 0 0 Charles Katzenmeyer VP, Institutional Advancement 232252 0 0 0 0 0 13827 0 5518 0 251597 0 0 0 R L Grande Distinguished Service Curator 195050 0 0 0 0 0 14009 0 16295 0 225354 0 0 0 Olivier Rieppel Curator 184450 0 0 0 0 0 13130 0 10303 0 207883 0 0 0 Gary Feinman Curator 159778 0 0 0 0 0 11381 0 10106 0 181265 0 0 0 Shawn VanDerziel Chief Human Resources Officer 163589 0 0 0 0 0 11547 0 5518 0 180654 0 0 0 Part I, Line 1a The President and Executive Vice President received social club dues. The purpose of the social club dues are for business uses related to enteraining guests, fundraising, and networking. Part I, Lines 4a-b J.W. CROFT'S 2015 W-2 COMPENSATION INCLUDES $48,515 OF PREVIOUSLY ACCRUED COMPENSATION. PER THE RETIRING EXCUTIVE VICE PRESIDENT'S COMPENSATION AGREEMENT, POST-EMPLOYMENT COMPENSATION BEGAN ON 11/1/2015. THIS EXPENSE WAS FULLY ACCRUED AND REPORTED AS DEFERRED COMPENSATION IN THE PRIOR YEAR'S 990. THE POST-EMPLOYMENT COMPENSATION IS IN RECOGNITION OF MORE THAN 30 YEARS OF SERVICE AND LEADERSHIP TO THE MUSEUM. THE ONLY EMPLOYEE TO PARTICIPATE IN THE MUSEUM'S SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IS RICHARD W. LARIVIERE. (NO DISTRIBUTION WAS MADE, BUT $88,500 WAS ADDED TO THE PLAN) Part I, Line 7 The compensation committee of the board of trustees reviews the Museum's performance for the prior year and makes a recommendation for a bonus payment for the President. A Illinois Finance Authority 861091967 2015-07-30 88500000 Current Refunding 0 0 0 A 88500000 341000 88159000 1 0 1 1 A 0 1 1 0 1 0 0 0 1 A 1 Part I (A)(f) CURRENT REFUNDING OF PRIOR ISSUES ISSUED ON 12/03/1985; 11/08/1990; 4/15/1998; 3/22/2000 PART II LINE 11 PROCEEDS USED BY 9/01/2015 TO CURRENTLY REFUND PRIOR ISSUE BONDS. DOUGLAS P REGAN TRUSTEE OF THE MUSEUM AND MIDWEST CHAIRMAN AT JP MORGAN 3508668 JP Morgan provides financial services to the Museum related to the Museum's Outstanding Bonds. The rates paid are competitive with market rates. 0 WILLIAM C KUNKLER III TRUSTEE OF THE MUSEUM AND WIFE IS A DIRECTOR AT NORTHERN TRUST. 533963 Northern Trust provides financial services to the Field Museum. The rates paid are competitive with market rates. 0 JOHN A CANNING JR TRUSTEE OF THE MUSEUM AND BOARD MEMBER AT EXELON 1677416 THE MUSEUM PURCHASES ELECTRICAL SERVICE FROM Constellation New Energy, A Subsidiary of Exelon Corporation. The rates paid are competitive with market rates. 0 Michael O'Grady TRUSTEE OF THE MUSEUM AND EXEC VP & GEN COUNS OF NORTHERN TRUST 533963 Northern Trust provides financial services to the Field Museum. The rates paid are competitive with market rates. 0 Gregory C Case trustee of the museum and President/CEO of AON Corporation 310421 AON Corporation provides consulting services to the Museum for its retirement benefit program. THe rates paid are competitive with market rates. 0 Amy Best TrUSTEE OF THE MUSEUM AND BOARD MEMBER AT EXELON 1677416 THE MUSEUM PURCHASES ELECTRICAL SERVICE FROM Constellation New Energy, A SUbsidary of Exelon Corporation. The rates paid are competitive with market rates. 0 John Rowe TRUSTEE OF THE MUSEUM AND CHAIRMAN EMERITUS AT EXELON 1677416 THE MUSEUM PURCHASES ELECTRICAL SERVICE and natural gas FROM Constellation New Energy, A SUBSIDIARY OF EXELON CORPORATION. The rates paid are competitive with market rates. 0 Ruth Ann M Gillis TrusTEE OF THE MUSEUM AND BOARD MEMBER AT EXELON 1677416 THE MUSEUM PURCHASES ELECTRICAL SERVICE and natural gas FROM Constellation New Energy, A SUBSIDIARY OF EXELON CORPORATION. The rates paid are competitive with market rates. 0 X 66 7363726 FAIR MARKET VALUE X 347 0 X 10 0 0 1 1 Part I, Line 32b: THE STOCK GIFTS GO INTO THE MUSEUM'S ACCOUNT AT NORTHERN TRUST, AND THEN NORTHERN TRUST SELLS THE STOCK ON BEHALF OF THE MUSEUM THE DAY AFTER THE RECEIPT. NORTHERN TRUST DEPOSITS PROCEEDS FROM THE SALE OF SECURITIES INTO THE MUSEUM'S ACCOUNT. Part I, Line 33: THE MUSEUM DOES NOT REPORT CONTRIBUTIONS OF COLLECTION ITEMS AS REVENUE AS PERMITTED UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTION AS ALLOWED UNDER SFAS 116. Form 990, Part VI, Section A, line 2 BOARD OF TRUSTEES MEMBER JAMEE C. FIELD HAS A FAMILY RELATIONSHIP WITH BOARD OF TRUSTEES MEMBER MARSHALL FIELD V. BOARD OF TRUSTEES MEMBER AURIE A. PENNICK HAS A BUSINESS RELATIONSHIP WITH BOARD OF TRUSTEES MEMBER MARSHALL FIELD V. BOARD OF TRUSTEES MEMBERS JOHN W. ROWE, JOHN A. CANNING JR., AMY BEST, AND RUTH ANN M. GILLIS HAVE A BUSINESS RELATIONSHIP. BOARD OF TRUSTEES MEMBERS JOHN W. ROWE, Bobby Mehta, Kermit R. Crawford, AND JUDY GREFFIN HAVE A BUSINESS RELATIONSHIP. Board of Trustees Members William C. Kunkler III and Rober K. Deromedi have a business relationship. Board of Trustees Member Constance T. Keller has a family relationship with Board of Trustees member Jeffrey B. Keller. Board of Trustees Member John A. Canning Jr. has a family relationship with Board of Trustees member John F. Podjasek III. Form 990, Part VI, Section B, line 11 THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990. A DRAFT OF THE FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE. A FULL COPY OF THE 990 IS THEN PROVIDED TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. Form 990, Part VI, Section B, line 12c THE MUSEUM'S OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AS A CONDITION OF THEIR SERVICE TO THE ORGANIZATION. POTENTIAL CONFLICTS ARE LOGGED WITH AND MONITORED BY THE GENERAL COUNSEL AND SECRETARY OF THE BOARD. Form 990, Part VI, Section B, line 15 The Executive Committee of the Board of Trustees is responsible for the approval of compensation of the CEO. The Executive Committee is comprised of independent trustees. The Chair of the Board and Executive Committee established a Compensation Sub-Committee. The Compensation Committee is comprised of six Trustees, each of which is a member of the Executive Committee. The Compensation Committee reviews the CEO's compensation and bonus program and makes recommendations to the Executive Committee for final approval. Executive Committee decisions regarding the CEO's compensation are held in executive session. The compensation arrangements for the CEO are documented via an employment contract and written bonus plan (approved by the Executive Committee). The Chief Human Resources Officer conducts a salary benchmark analysis for officers and key employees with outside consultants and external surveys on a biennial basis; this information is shared with the Compensation Committee and CEO for their review. Form 990, Part VI, Section C, line 19 THE MUSEUM'S FORM 990 IS AVAILABLE AT THE ORGANIZATION'S PRINCIPAL PLACE OF BUSINESS UPON REQUEST. THE MUSEUM'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES OR THROUGH REQUEST AT THE MUSUEM'S PRINCIPAL PLACE OF BUSINESS. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION (AND AT MANAGEMENT'S DISCRETION). Form 990, Part IX, line 11g Scientific Research, CONSERVATION, AND EXHIBITION DESIGN FEES: Program service expenses 7,553,802. Management and general expenses 307,699. Fundraising expenses 435,012. Total expenses 8,296,513. UNRELATED BUSINESS INCOME TAXES: Program service expenses 0. Management and general expenses -152,634. Fundraising expenses 0. Total expenses -152,634. Form 990, Part XI, line 9: PENSION-RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -95,741. MUSEUM CAMPUS CORPORATION 1400 SOUTH LAKE SHORE DRIVE CHICAGO IL 60605 364272361 ATTRACT VISITORS TO THE MUSEUM CAMPUS' CENTRALLY LOCATED FACILITIES IL 501(c)(3) Line 11a, I 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0