2014-02-27T15:24:29-06:00 2013-06-30 CROWE HORWATH LLP 70 West Madison Street Suite 700 Chicago IL 606024903 990 2012-07-01 366210902 THE ADLER PLANETARIUM ADLE 3129227827 1300 South Lake Shore Drive Chicago IL 60605 JAN PROMER 2013-10-08 true Geralyn Hurd P00933422 3128997000 2012 2015-11-30 17:44:51Z MICHELLE LARSON 1300 South Lake Shore Drive Chicago IL 60605 17121826 false X WWW.ADLERPLANETARIUM.ORG X 1930 IL THE ADLER PLANETARIUM'S MISSION IS TO INSPIRE EXPLORATION AND UNDERSTANDING OF OUR UNIVERSE AND BE THE WORLD'S PREMIER CENTER FOR EXPERIENCING AND LEARNING SPACE SCIENCE. 68 67 347 360 24165 11948 14116707 8109170 5660287 5468559 2207397 578838 1051480 1316707 23035871 15473274 5000 0 0 0 9366436 10297324 0 0 2158678 9440195 10245428 18811631 20542752 4224240 -5069478 67080630 63583483 35407002 34046755 31673628 29536728 X THE ADLER PLANETARIUM ('ADLER') IS A NOT-FOR-PROFIT CULTURAL INSTITUTION WHOSE MISSION IS TO INSPIRE EXPLORATION AND UNDERSTANDING OF OUR UNIVERSE. IT ASPIRES TO BE THE WORLD'S PREMIER CENTER FOR EXPERIENCING AND LEARNING SPACE SCIENCE. false false 16783239 6030842 THE ADLER PLANETARIUM SEEKS TO INSPIRE THE NEXT GENERATION OF EXPLORERS AND SCIENTISTS. THE ADLER'S ARRAY OF EDUCATIONAL OFFERINGS ARE DESIGNED TO EQUIP PARTICIPANTS WITH THE SKILLS AND DESIRE TO LEARN MORE ABOUT OUR UNIVERSE. ONSITE ATTENDANCE TOTALED OVER 490,000 VISITORS DURING THE YEAR, INCLUDING APPROXIMATELY 63,000 STUDENTS WHO PARTICIPATED IN FIELD TRIPS. THE MUSEUM'S SUMMER CAMPS FOR AGES 5 - 17 AND ITS POPULAR ASTROOVERNIGHT PROGRAM ENGAGE YOUNG PEOPLE AND FAMILIES. DAILY VISITORS TO THE ADLER ENCOUNTER HANDS-ON LEARNING OPPORTUNITIES THROUGHOUT THE MUSEUM, INCLUDING OBSERVING ON THE ADLER'S TELESCOPE TERRACE OR IN THE DOANE OBSERVATORY. IN THE PLANET EXPLORERS EXHIBITION, YOUNGER GUESTS CAN EXPERIENCE WHAT IT IS LIKE TO BLAST OFF IN A ROCKET, SLEEP IN A SPACE BED AND CONDUCT SCIENCE EXPERIMENTS. SKY SHOWS IN THE ADLER'S THREE THEATERS ENGAGE VISITORS IN ALL AGES IN LEARNING TOGETHER. (SEE SCHEDULE O FOR CONTINUATION) 16783239 true true false true false false true false true true false false false true true true false false true true false false false true true false false false true false false false true false false false true true false false false false false false false false false true 94 0 true 347 true true true false false false false true true false false false false X 68 67 false false false false false false false true true false false true true true true true true true true false CA IL X Marcia Heuser 3129227827 1300 SOUTH LAKE SHORE DRIVE CHICAGO IL 606052403 IRENE S PHELPS 1.00 X X 0 0 0 JOHN W ESTEY 1.00 X X 0 0 0 JOSEPH T LOWER 1.00 X X 0 0 0 LAMAR A JOHNSON 1.00 X X 0 0 0 ROBERT C KNUEPFER JR 1.00 X X 0 0 0 WILLIAM J LUTZ 1.00 X X 0 0 0 ANDREW MILLS 1.00 X 0 0 0 BARBARA STEWART 1.00 X 0 0 0 BERNARD HENGESBAUGH 1.00 X 0 0 0 BRYAN C CRESSEY 1.00 X 0 0 0 C PAUL JOHNSON 1.00 X 0 0 0 CAROLYN BOWMAN 1.00 X 0 0 0 CYNTHIA BALLEW 1.00 X 0 0 0 DANIEL P COONEY 1.00 X 0 0 0 DANIEL R EDER 1.00 X 0 0 0 DARREL HACKETT 1.00 X 0 0 0 DAVID CARLQUIST 1.00 X 0 0 0 DAVID CROWN 1.00 X 0 0 0 DAVID MINTZER 1.00 X 0 0 0 DAVID W FOX 1.00 X 0 0 0 DONALD C CLARK JR 1.00 X 0 0 0 DONNA SMITH 1.00 X 0 0 0 DOUGLAS ENGEL 1.00 X 0 0 0 DUSHAN PETROVICH 1.00 X 0 0 0 EARLE COMBS III 1.00 X 0 0 0 EDWARD J WILLIAMS 1.00 X 0 0 0 EMORY WILLIAMS 1.00 X 0 0 0 FRANK M CLARK 1.00 X 0 0 0 GEORGE W REED JR 1.00 X 0 0 0 GURPREET SINGH 1.00 X 0 0 0 HAROLD B SMITH 1.00 X 0 0 0 HOWARD ECKER 1.00 X 0 0 0 HOWARD S GOSS 1.00 X 0 0 0 IMOGENE P JOHNSON 1.00 X 0 0 0 J DOUGLAS DONENFELD 1.00 X 0 0 0 J ERIK FYRWALD 1.00 X 0 0 0 JAMES A LOVELL JR 1.00 X 0 0 0 JAMES J O'CONNOR 1.00 X 0 0 0 JANET D ROWLEY 1.00 X 0 0 0 JAY N WHIPPLE JR 1.00 X 0 0 0 JEFFREY FOLAND 1.00 X 0 0 0 JEFFREY ROTHSTEIN 1.00 X 0 0 0 JILL W ADLER 1.00 X 0 0 0 JOHN J PARO 1.00 X 0 0 0 JONATHAN H HERBST 1.00 X 0 0 0 KATHY HANNAN 1.00 X 0 0 0 KENNETH NEBENZAHL 1.00 X 0 0 0 LESLIE JONES 1.00 X 0 0 0 LINDA CELESIA 1.00 X 0 0 0 LISA H LEWIS 1.00 X 0 0 0 MARC A PAULHUS 1.00 X 0 0 0 MATTHEW SAUER 1.00 X 0 0 0 MICHEL J FELDMAN 1.00 X 0 0 0 NANCY RUSCHEINSKI 1.00 X 0 0 0 NICHOLAS PRITZKER 1.00 X 0 0 0 PAUL D STEINBERG 1.00 X 0 0 0 PETER B COOK 1.00 X 0 0 0 PETER O VANDERVOORT 1.00 X 0 0 0 PHYLLIS LOCKETT 1.00 X 0 0 0 PRADIP PATIATH 1.00 X 0 0 0 RAJ GUPTA 1.00 X 0 0 0 ROBERT GORDON 1.00 X 0 0 0 RYAN GARINO 1.00 X 0 0 0 SCOTT SWANSON 1.00 X 0 0 0 STEVEN GOLD 1.00 X 0 0 0 STEVEN S LOUIS 1.00 X 0 0 0 THOMAS A NARDI 1.00 X 0 0 0 WILLIAM GRUBER 1.00 X 0 0 0 JAN PROMER 35.00 X 212374 0 12066 MICHELLE B LARSON PHD 35.00 X 21638 0 0 PAUL KNAPPENBERGER 35.00 X 376062 0 50150 CHARLES KATZENMEYER 35.00 X 179311 0 21401 DOUGLAS ROBERTS 35.00 X 109780 0 21575 KAREN CARNEY 35.00 X 101226 0 14854 MARCIA HEUSER 35.00 X 127754 0 20174 MARVIN BOLT 35.00 X 111129 0 27536 1239274 0 167756 7 false true false TROOP CONTRACTING 1700 WEST IRVING PARK ROAD CHICAGO IL 60613 CONSTRUCTION 1905190 UNITED BUILDING MAINTENANCE INC 3328 SOLUTIONS CENTER CHICAGO IL 60677 JANITORIAL SERVICES 410025 REGENTS OF THE UNIVERSITY OF MINNESOTA NW 5957 PO BOX 1450 MINNEAPOLIS MN 554855957 RESEARCH 293691 GLOBAL IMMERSION LTD THE BARN HURSTWOOD GRANGE HURSTWOOD LANE HAYWARDS HEATH UK RH17 7QX CONSTRUCTION 209876 RUSSELL REYNOLDS ASSOCIATES CHURCH STREET STATION PO BOX 6427 NEW YORK NY 102496427 RECRUITMENT FEES 132770 8 585083 1356556 3884239 2283292 107299 8109170 ADMISSIONS 900099 5053133 5053133 CAMPS AND ASTROOVERNIGHTS 900099 206887 206887 SKY SHOWS 900099 115861 115861 CITZEN SCIENCE ZOONIVERSE ACTIVITES 900099 92678 92678 0 0 0 0 0 5468559 549754 24165 525589 0 0 984620 984620 0 984620 984620 1334940 1305856 29084 0 29084 29084 112500 1356556 342696 -230196 -230196 18300 0 18300 18300 0 FOOD SERVICE & CONCESSIONS 900099 467963 467963 MISCELLANEOUS 900099 76020 76020 0 0 0 0 0 543983 15473274 6030842 24165 1309097 0 0 0 0 806171 524283 68492 213396 0 7631641 6311443 536149 784049 670782 561236 44828 64718 609243 499820 46131 63292 579487 482860 41441 55186 0 42962 39458 1940 1564 103648 83856 10956 8836 622 503 66 53 0 59680 59680 1320772 1243516 30357 46899 941985 633750 81302 226933 1147387 911705 119755 115927 120893 97815 12778 10300 0 463661 375148 49009 39504 318804 288971 5227 24606 0 0 361835 292761 38246 30828 0 3231650 2614727 341587 275336 127305 103461 13202 10642 FOOD SERVICE AND CONCESSIONS 168515 87305 3560 77650 EQUIPMENT,LEASES AND REPAIRS 1135198 1089715 25142 20341 CLEANING AND MAINTENANCE 490240 396654 51818 41768 PROFESSIONAL DEVELOPMENT 61770 49631 6808 5331 148501 94621 12361 41519 20542752 16783239 1600835 2158678 0 304093 304342 3152419 1502468 6192792 3756848 404465 282580 200000 0 513633 386811 68923916 32915977 37541970 36007939 16093455 18433446 2877803 2709049 0 0 0 0 67080630 63583483 1879975 1735962 844140 895254 27000000 27000000 0 5682887 4415539 35407002 34046755 X 17616520 18061602 10649101 8056800 3408007 3418326 31673628 29536728 67080630 63583483 X -5069478 2932578 X false true X true true true X 10959782 6836970 9795768 12391278 6374375 46358173 2227536 2014327 1907229 1725429 1734795 9609316 0 13187318 8851297 11702997 14116707 8109170 55967489 3531669 52435820 941700 916058 1174503 1210350 1510209 5752820 0 236532 231841 163070 179194 206820 1017457 62737766 27640547 0.83580 0.77720 X OTHER INCOME, SCHEDULE A, PART II, LINE 10, DESCRIPTION - FUNDRAISING, COLUMN A - 114950, COLUMN B - 163150, COLUMN C - 98750, COLUMN D - 102500, COLUMN E - 112500, COLUMN F - 591850; DESCRIPTION - MISCELLANEOUS INCOME, COLUMN A - 121582, COLUMN B - 68691, COLUMN C - 64320, COLUMN D - 59494, COLUMN E - 76020, COLUMN F - 390107; DESCRIPTION - RAFFLE, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - 17200, COLUMN E - 18300, COLUMN F - 35500;, RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true false true 564 false false true 21857 false false 22421 false Description of the activities reported on Lines 1a through 1i Schedule C, Part II-B, Line 1 THE ADLER PLANETARIUM DEVOTED AN INSUBSTANTIAL PART OF ITS ACTIVITIES TO MONITORING AND COMMUNICATING WITH FEDERAL AND STATE ELECTED OFFICIALS REGARDING LEGISLATIVE MATTERS. X X X X false 3560572 10000 386607 27988 3929191 3590889 -28226 2091 0 3560572 2907568 500000 279901 96580 3590889 1932434 1000000 250 25116 2907568 1855249 77500 -315 1932434 0.87000 0.13000 true false 0 41849999 16373231 25476768 2485692 1689635 796057 3227880 2128366 1099514 21360345 12724745 8635600 36007939 0 DEFINED PENSION BENEFIT PLAN LIABILITY 4214199 RETIREMENT ANNUITY DUE TO FORMER OFFICER/BENEFICIARY 65453 INTEREST RATE SWAP 135887 4415539 X Collections of art - financial statement footnote Schedule D, Part III, Line 1a COLLECTIONS: IN CONFORMITY WITH THE ACCOUNTING PRACTICES GENERALLY FOLLOWED BY MUSEUMS, THE ADLER'S COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ORGANIZATION'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. EXPENDITURES FOR COLLECTIONS WERE $90,101 DURING THE YEAR ENDED JUNE 30, 2013 (2013 - $15,623). THE ADLER'S COLLECTIONS ARE MADE UP OF APPROXIMATELY 10,000 ARTIFACTS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. Collections of art - description of collections Schedule D, Part III, Line 4 FROM ITS INCEPTION, THE ADLER PLANETARIUM AND ASTRONOMY MUSEUM (THE ADLER) HAS HELD ONE OF THE WORLD'S FOREMOST COLLECTIONS OF INSTRUMENTS RELATING TO ASTRONOMY. TODAY THE ADLER POSSESSES A MAJOR COLLECTION OF HISTORIC SCIENTIFIC INSTRUMENTS; COLLECTIONS OF 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 ADLER ITSELF. THE ADLER'S HISTORIC SCIENTIFIC INSTRUMENT COLLECTION NOW CONTAINS ABOUT 1,800 THREE-DIMENSIONAL ARTIFACTS DATING FROM THE 12TH THROUGH THE 20TH CENTURIES, RANGING FROM MEDIEVAL ASTROLABES AND ARMILLARY SPHERES TO SUNDIALS, PLANETARIUM, AND TELESCOPES FROM THE SCIENTIFIC REVOLUTION TO INSTRUMENTS OF THE PRESENT CENTURY FOR CELESTIAL NAVIGATION. THE RARE BOOK COLLECTION (NUMBERING ABOUT 2,400) AND WORKS ON PAPER COLLECTION (755 WORKS) COVER SUBJECTS RELATED TO ASTRONOMY. THE EDUCATIONAL COLLECTION FURNISHES REALISTIC MODELS AND REPLICAS FOR USE BY EDUCATORS ON THE MUSEUM FLOOR AND OFF-SITE, IN SITUATIONS WHERE THE USE OF DELICATE ARTIFACTS WOULD BE INAPPROPRIATE. Intended uses of endowment funds Schedule D, 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. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE ADLER, AN ILLINOIS NONPROFIT CORPORATION, IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW, EXCEPT FOR TAXES PERTAINING TO UNRELATED BUSINESS INCOME, IF ANY. THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ADLER MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION FROM TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ADLER AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION, IF ANY, ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE REPORTING PERIODS PRESENTED IN THESE FINANCIAL STATEMENTS. FORMS 990 AND 990-T FILED BY THE ALDER ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS") FOR UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 990 AND 990-T FILED BY THE ADLER FOR THE YEARS 2009 AND PRIOR ARE GENERALLY NO LONGER SUBJECT TO EXAMINATION. EUROPE (INCLUDING ICELAND AND GREENLAND) 0 1 PROGRAM SERVICES ADLER IS REPORTING ONE EMPLOYEE WHO WORKS OUTSIDE THE US. THE EMPLOYEE IS A POSTDOCTORAL RESEARCHER IN HISTORICAL TEXTS, AND IS WORKING IN ASSOCIATION WITH AN INTERNATIONAL TEAM BASED AT THE UNIVERSITY OF OXFORD, ENGLAND. 14346 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 1174548 0 1 1188894 false false false false true false Method used to account for expenditures on organization's financial statements Schedule F, Part I, Line 3 CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL Method used to account for expenditures on organization's financial statements Schedule F, Part I, Line 3 CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL CELESTIAL BALL 1325913 1228413 97500 117893 2000 192135 WOMEN IN SPACE SCIENCE 143143 128143 15000 14310 0 16358 0 0 1469056 1356556 112500 0 0 0 132203 2000 208493 342696 -230196 18300 true 1 18300 0 0 0 0 0 18300 IL true false true false 1 0 SARA REBMANN 1300 S LAKE SHORE DRIVE CHICAGO IL 606052403 false SARA REBMAN OVERSEES RAFFLE AT CELESTIAL BALL AND PREPARES SUMMARY REPORTS X false GAMING MANAGER COMPENSATION SCHEDULE G, PART III, LINE 16 THE PERSON NOTED AS THE GAMING MANAGER IS REPORTING ZERO COMPENSATION AS THE TASKS ASSOCIATED WITH THIS ROLE ARE AN INCIDENTAL PART OF HER REGULAR JOB. X true true X X X false false false false false false false true false JAN PROMER 197374 0 15000 0 0 0 6243 0 5823 0 224440 0 0 0 CHARLES KATZENMEYER 174170 0 5000 0 141 0 15026 0 6375 0 200712 0 0 0 PAUL KNAPPENBERGER 346097 0 10000 0 19965 0 31514 0 18636 0 426212 0 0 0 Health or social club dues or initiation fees Schedule J, Part I, Line 1a THE PRESIDENT HAS A MEMBERSHIP WITH THE CHICAGO CLUB FOR HOLDING BUSINESS RELATED MEETINGS. THERE IS NO PERSONAL USE OF THIS MEMBERSHIP SO THE BENEFIT IS NOT TREATED AS TAXABLE COMPENSATION TO THE PRESIDENT. Non-fixed payments Schedule J, Part I, Line 7 BONUSES WERE PAID TO CERTAIN PERSONS LISTED IN PART VII SECTION A LINE A1 AT THE DISCRETION OF THE BOARD OF TRUSTEES AND PRESIDENT/CEO BASED ON SPECIAL ACHIEVEMENT CRITERIA THAT THE BOARD SET. MICHELLE LARSON OFFICER RECRUITMENT LOAN X 200000 200000 false true true 200000 CHARTER ONE BANKRBS CITIZENS BANK TRUSTEE (SCOTT SWANSON) IS THE FORMER PRESIDENT OF CHARTER ONE 1019467 CORPORATE CREDIT CARD PAYMENTS; BANK FEES false PNC BANKPNC CAPITAL MARKETS TRUSTEE (SCOTT SWANSON) IS THE PRESIDENT OF PNC BANK 280277 LETTER OF CREDIT AND REMARKETING FEES; SWAP SETTLEMENTS false RBS ASSET FINANCE TRUSTEE (MARK PAULHUS) IS OFFICER OF RBS ASSET FINANCE 577444 OPERATING LEASE PAYMENTS false X 5 14299 MARKET VALUE X SMALL TOOLS AND EQUIPMENT 1 25000 MARKET VALUE X FOOD FOR CELESTIAL BALL AND ADLER AFTER DARK 7 68000 MARKET VALUE 0 false true false Explanations of reporting method for number of contributions Schedule M, Part I SECURITIES - PUBLICLY TRADED: NUMBER OF CONTRIBUTIONS OTHER: NUMBER OF CONTRIBUTIONS OTHER: NUMBER OF CONTRIBUTIONS Number of contributions or items contributed. Schedule M, part I, column (b), Line 9 NUMBER OF CONTRIBUTIONS Number of contributions or items contributed. Schedule M, part I, column (b), Line other=SMALL TOOLS AND EQUIPMENT NUMBER OF CONTRIBUTIONS Number of contributions or items contributed. Schedule M, part I, column (b), Line other=FOOD FOR CELESTIAL BALL AND ADLER AFTER DARK NUMBER OF CONTRIBUTIONS PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 4A (CONTINUATION FROM FORM 990, PART III) THE ADLER SUPPORTS SCHOOL GROUPS THROUGH A VARIETY OF OFFERINGS, RANGING FROM SKY SHOWS, TO FIELD TRIP GUIDES, TO INTERACTIVE SOFTWARE EXPERIENCES. TEACHERS AND ADMINISTRATORS ENROLL IN THE ADLER'S RESPECTED PROFESSIONAL DEVELOPMENT PROGRAMS AND MAY BORROW CURRICULUM-RELATED SCIENCE KITS AND FIELD TRIP SUPPORT MATERIALS. THE ADLER IS A NATIONAL LEADER IN SCIENCE EDUCATION AND SPONSORS PUBLIC SYMPOSIA AND LECTURES, WHICH ARE ALSO SHARED WITH A ROBUST COMMUNITY OF ON-LINE SUPPORTERS AND FRIENDS THROUGH SOCIAL MEDIA AND WWW.ADLERPLANETARIUM.ORG. THE ADLER IS ALSO A FOUNDING PARTNER OF THE CITIZEN SCIENCE ALLIANCE AND ZOONIVERSE.ORG, AN ON-LINE GLOBAL INITIATIVE THAT HAS ENGAGED ALMOST 900,000 PEOPLE IN FRONTIER SCIENCE. THE ADLER PLANETARIUM HAS TAKEN THE LEAD AMONG PLANETARIUMS WORLD-WIDE IN ESTABLISHING AN ASTRONOMY AND ASTROPHYSICS RESEARCH GROUP IN A MUSEUM SETTING. ADLER PLANETARIUM ASTRONOMERS POSSESS RICH AND DIVERSE EXPERTISE IN MANY AREAS OF ASTRONOMY AS WELL AS OTHER CLOSELY RELATED SCIENCE FIELDS SUCH AS PARTICLE PHYSICS AND GEOPHYSICS. ADLER RESEARCHERS ARE INVOLVED IN MANY PROJECTS AT THE LEADING EDGE OF SCIENTIFIC KNOWLEDGE. THE ASTRONOMY DEPARTMENT HAS PARTICULARLY STRONG GROUPS IN FOUR AREAS: STAR FORMATION, GAMMA RAY OBSERVATIONS, ASTEROID CHARACTERIZATION AND ASTROPHYSICAL DATA MINING. WHEN MAX ADLER FOUNDED THE ADLER PLANETARIUM IN 1930, HE RECOGNIZED THE IMPORTANCE OF ESTABLISHING A COLLECTION OF ASTRNOMICAL ARTIFACTS TO TELL THE IMPORTANT HISTORY OF HUMANITY'S EXPLORATION OF THE UNIVERSE. MR. ADLER PURCHASED 500 ASTRONOMICAL, NAVIGATIONAL, AND MATHEMATICAL INSTRUMENTS FROM ANTON MENSING IN THE NETHERLANDS. HOUSED IN THE ADLER'S WEBSTER INSTITUTE FOR THE HISTORY OF ASTRONOMY, THE ADLER COLLECTIONS TODAY CONTAIN 1,800 INSTRUMENTS AND MODELS FROM THE 12TH THROUGH THE 20TH CENTURIES. REPRESENTING MANY TYPES OF ASTRONOMICAL INSTRUMENTS, IT IS THE LARGEST COLLECTION OF SUCH MATERIAL IN THE WESTERN HEMISPHERE AND ONE OF THE MOST SIGNIFICANT IN THE WORLD. PORTIONS OF THESE COLLECTIONS ARE ON DISPLAY THROUGHOUT THE YEAR TO USE IN EXHIBITS AT THE MUSEUM. MANY OBJECTS IN THE COLLECTIONS ARE ALSO AVAILABLE FOR USE IN RESEARCH PROJECTS FOR SCHOLARS AND GRADUATE STUDENTS. Delegate broad authority to a committee Form 990, Part VI, Section A, Line 1a AN "EXECUTIVE COMMITTEE" CONSISTING OF THE CHAIR, VICE CHAIRS, TREASURER, SECRETARY, PRESIDENT, 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 SHALL SERVE AS EXECUTIVE SECRETARY TO THE EXECUTIVE COMMITTEE. Review of form 990 by governing body 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. Conflict of interest policy 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 REQUIRED TO SIGN 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 EACH NEW FULL-TIME EMPLOYEE. 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. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a IN FALL 2011, THE COMPENSATION COMMITTEE OF THE BOARD (COMPRISED OF INDEPENDENT BOARD MEMBERS AND THE ADLER PRESIDENT) 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. IN ADDITION, THE COMPENSATION COMMITTEE INFORMALLY SURVEYS, ON A PERIODIC BASIS, SIMILAR SIZED AND LOCATED NOT-FOR-PROFIT ORGANIZATIONS TO ATTRACT, RETAIN, AND REWARD HIGH-PERFORMING INDIVIDUALS. THE PRESIDENT DOES NOT TAKE PART IN ANY DECISIONS REGARDING HER OWN COMPENSATION. CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATIONS AND DECISIONS IS KEPT. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b SEE NARRATIVE FOR PART VI, LINE 15A. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Other changes in net assets or fund balances Form 990 , Part XI, Line 9 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - 1633771; CHANGE IN VALUE OF DEFINED BENEFIT PENSION PLAN - 1382568; COST OF COLLECTIONS ITEMS PURCHASED - -90101; UNREALIZED GAIN ON INTEREST RATE SWAP - 6340; Number of contributions or items contributed. Schedule M, part I, column (b), Line other=SMALL TOOLS AND EQUIPMENT NUMBER OF CONTRIBUTIONS Number of contributions or items contributed. Schedule M, part I, column (b), Line other=FOOD FOR CELESTIAL BALL AND ADLER AFTER DARK NUMBER OF CONTRIBUTIONS