NEWBERRY LIBRARY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- NEWBERRY LIBRARY (EIN 36-2167814)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-08
- IRS object ID
- 201330399349300208
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-08T08:39:00-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420714325 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 S WACKER DRIVE STE 800 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362167814 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Newberry Library | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEWB | NameControl |
| Phone | 3129439090 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 West Walton Street | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60610 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | James P Burke Jr | Name |
| Title | VP of Finance/Administration | Title |
| Phone | 3129439090 | Phone |
| Date Signed | 2013-02-07 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | David Faje | Name |
| PTIN | P00031371 | PTIN |
| Phone | 3126343400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | James P Burke Jr | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 West Walton Street | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60610 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 20128583 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.newberry.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1892 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 32 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 32 | NbrIndependentVotingMembers |
| Total Nbr Employees | 124 | TotalNbrEmployees |
| Total Nbr Volunteers | 531 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 8489311 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5498181 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1837948 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1923204 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -607606 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3815691 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 58588 | OtherRevenuePriorYear |
| Other Revenue Current Year | 60374 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 9778241 | TotalRevenuePriorYear |
| Total Revenue Current Year | 11297450 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 604077 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 709372 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5337177 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5456811 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1087679 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3847867 | OtherExpensePriorYear |
| Other Expenses Current Year | 3968421 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 9789121 | TotalExpensesPriorYear |
| Total Expenses Current Year | 10134604 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -10880 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1162846 | RevenuesLessExpensesCY |
| Total Assets BOY | 75870781 | TotalAssetsBOY |
| Total Assets EOY | 71211153 | TotalAssetsEOY |
| Total Liabilities BOY | 5813363 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 5292551 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 70057418 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 65918602 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 6846248 | Expense |
| Grants | 709372 | Grants |
| Revenue | 1923204 | Revenue |
| Description | 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:Total bibliographic records in online catalog: 850,370Titles cataloged: 15,764Map records added to map catalog: 5,435Volumes added to collection: 15,536Manuscripts added to collection: 267.2 linear feetConservations treatments of book, manuscripts, and maps: 3,070Reader sign-in: 17,600Total materials paged for reader use: 47,084Reference inquiries served: 10,020Instructional sessions offered: 233 sessions, serving 3,919 patronsResearch and Education Division Statistics:Fellowships for research Long-term: 11 Short-term: 40Teacher programs Teacher participants: 912 Exhibitions Gallery attendance: 11,391Adult seminar program Seminar courses: 152 Participants: 1,412 | Description |
| Total Program Service Expense | 6846248 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 325 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 124 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 32 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 32 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James P Burke Jr | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3122553567 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 West Walton Street | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60610 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (39 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Victoria J Herget | |||||||
| Chair | 1.00 | X | X | 0 | 0 | 0 | |
| David C Hilliard | |||||||
| Vice Chair | 1.00 | X | X | 0 | 0 | 0 | |
| David E McNeel | |||||||
| Vice Chair | 1.00 | X | X | 0 | 0 | 0 | |
| Norman Bobins | |||||||
| Treasurer | 1.00 | X | X | 0 | 0 | 0 | |
| Paul J Miller | |||||||
| Secretary | 1.00 | X | X | 0 | 0 | 0 | |
| Roger S Baskes | |||||||
| Trustee | 1.00 | X | X | 0 | 0 | 0 | |
| Joan Brodsky | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| T Kimball Brooker | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| David P Earle III | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Louise R Glasser | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Hanna Gray | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Sue Gray | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Sandra Hindman | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Robert H Jackson | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| D Carroll Joynes | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Jonathan Kemper | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Lawrence Lipking | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Barry L MacLean | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Frederick J Manning | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Grant McCullagh | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Andrew W McGhee | |||||||
| Former Chairman | 1.00 | X | 0 | 0 | 0 | ||
| Andrew McNally IV | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Cynthia E Mitchell | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| John H Noonan | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Janis W Notz | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Rudy L Ruggles Jr | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Paul T Ruxin | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Richard D Siragusa | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Harold B Smith | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Jules Stiffel | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Carol Warshawsky | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Robert Wedgeworth Jr | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Charles C Haffner III | |||||||
| Trustee (July 2011-April 2012) | 1.00 | X | 0 | 0 | 0 | ||
| M Julie McKinley | |||||||
| Trustee (July 2011-October 2011) | 1.00 | X | 0 | 0 | 0 | ||
| Allan Turner | |||||||
| Trustee (July 2011-October 2011) | 1.00 | X | 0 | 0 | 0 | ||
| David Spadafora | |||||||
| President, Librarian | 35.00 | X | 222541 | 0 | 36202 | ||
| James P Burke Jr | |||||||
| VP of Finance/Administration | 35.00 | X | 166481 | 0 | 25337 | ||
| Michelle Burns | |||||||
| VP of Development | 35.00 | 142980 | 0 | 23712 | X | ||
| Hjordis Halvorson | |||||||
| VP of Library Services | 35.00 | 111647 | 0 | 23373 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 643649 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 108624 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Securitas Security Services USA Inc | |||||
| 150 S Wacker Drive | Chicago | IL | 60606 | Security services | 142296 |
| ABM Janitorial Services | |||||
| 75 Remittance Drive Suite 3011 | Chicago | IL | 60675 | Janitorial services | 129682 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Fundraising Events | 238761 | FundraisingEvents |
| Government Grants | 822954 | GovernmentGrants |
| All Other Contributions | 4436466 | AllOtherContributions |
| Noncash Contributions | 433142 | NoncashContributions |
| Total Contributions | 5498181 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Services to Public | 900099 | 501250 | 501250 |
| Membership Dues | 900099 | 497053 | 497053 |
| Facility Rental | 532000 | 464419 | 464419 |
| Registrations | 900099 | 295199 | 295199 |
| Book Royalties | 511130 | 162813 | 162813 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2470 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2470 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1923204 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2179519 | TotalRevenueColumn |
| Exclusion | $2,179,519 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 10368377 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8732205 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1636172 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1636172 | TotalRevenueColumn |
| Exclusion | $1,636,172 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 98928 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 238761 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 98928 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| Collection Items | 900099 | 25021 | 25021 | |
| Officer Loan Interest | 900099 | 15009 | $15,009 | |
| Miscellaneous Fees | 900099 | 14179 | 14179 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6165 | TotalRevenueColumn |
| Exclusion | $6,165 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 60374 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11297450 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1962404 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,836,865 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 679690 | Total |
| Program Services | 679690 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29682 | Total |
| Program Services | 29682 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 389022 | Total |
| Management And General | 389022 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4028636 | Total |
| Program Services | 2701036 | ProgramServices |
| Management And General | 754226 | ManagementAndGeneral |
| Fundraising | 573374 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 203089 | Total |
| Program Services | 125673 | ProgramServices |
| Management And General | 47951 | ManagementAndGeneral |
| Fundraising | 29465 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 533328 | Total |
| Program Services | 334042 | ProgramServices |
| Management And General | 121463 | ManagementAndGeneral |
| Fundraising | 77823 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 302736 | Total |
| Program Services | 192176 | ProgramServices |
| Management And General | 72556 | ManagementAndGeneral |
| Fundraising | 38004 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64500 | Total |
| Management And General | 64500 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120689 | Total |
| Program Services | 84128 | ProgramServices |
| Management And General | 36561 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 835 | Total |
| Program Services | 408 | ProgramServices |
| Management And General | 427 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53068 | Total |
| Program Services | 21727 | ProgramServices |
| Management And General | 2969 | ManagementAndGeneral |
| Fundraising | 28372 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 224075 | Total |
| Program Services | 76851 | ProgramServices |
| Management And General | 131930 | ManagementAndGeneral |
| Fundraising | 15294 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95938 | Total |
| Program Services | 81387 | ProgramServices |
| Management And General | 13551 | ManagementAndGeneral |
| Fundraising | 1000 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 901127 | Total |
| Program Services | 684857 | ProgramServices |
| Management And General | 181126 | ManagementAndGeneral |
| Fundraising | 35144 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 170221 | Total |
| Program Services | 160101 | ProgramServices |
| Management And General | 9074 | ManagementAndGeneral |
| Fundraising | 1046 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3702 | Total |
| Program Services | 3617 | ProgramServices |
| Management And General | 85 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6229 | Total |
| Management And General | 6229 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 811003 | Total |
| Program Services | 616362 | ProgramServices |
| Management And General | 163244 | ManagementAndGeneral |
| Fundraising | 31397 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9970 | Total |
| Management And General | 9970 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Contractual Expenses | 740467 | 493261 | 60525 | 186681 |
| Supplies/Minor Equipmen | 361907 | 192879 | 99774 | 69254 |
| Book Collections | 335375 | 335375 | ||
| Other HR Expenses | 69315 | 32996 | 35494 | 825 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10134604 | Total |
| Program Services | 6846248 | ProgramServices |
| Management And General | 2200677 | ManagementAndGeneral |
| Fundraising | 1087679 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 987673 | BOY |
| EOY | 1287803 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 156951 | BOY |
| EOY | 156968 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 631113 | BOY |
| EOY | 516856 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23554 | BOY |
| EOY | 46028 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 464372 | BOY |
| EOY | 452791 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81037 | BOY |
| EOY | 88106 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 32614504 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 22913560 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8583112 | BOY |
| EOY | 9700944 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1871992 | BOY |
| EOY | 1627794 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58789351 | BOY |
| EOY | 53264214 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4281626 | BOY |
| EOY | 4069649 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75870781 | BOY |
| EOY | 71211153 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 817410 | BOY |
| EOY | 863054 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4400000 | BOY |
| EOY | 3900000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 595953 | BOY |
| EOY | 529497 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5813363 | BOY |
| EOY | 5292551 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10712229 | BOY |
| EOY | 8659605 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11830045 | BOY |
| EOY | 11088028 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47515144 | BOY |
| EOY | 46170969 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70057418 | BOY |
| EOY | 65918602 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75870781 | BOY |
| EOY | 71211153 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1162846 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -5301662 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5589864 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4676902 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6194170 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8489311 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5498181 | CurrentTaxYear |
| Total | 30448428 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5589864 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4676902 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6194170 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8489311 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5498181 | CurrentTaxYear |
| Total | 30448428 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 6489320 | AmountsSubstContributorsTotal |
| Public Support Total170 | 23959108 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2690658 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2972463 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1991046 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1661248 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2179519 | CurrentTaxYear |
| Total | 11494934 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 107911 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 93387 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 140841 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 58588 | CurrentTaxYearMinus1Year |
| Current Tax Year | 60374 | CurrentTaxYear |
| Total | 461101 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 42404463 | TotalSupport |
| Gross Receipts From Admissions Etc | 8237437 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.56500 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.55500 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 53214000 | BeginningOfYearBalance |
| Contributions | 351000 | Contributions |
| Investment Earnings Or Losses | -495000 | InvestmentEarningsOrLosses |
| Other Expenditures | 3733000 | OtherExpenditures |
| End Of Year Balance | 49337000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 50533000 | BeginningOfYearBalance |
| Contributions | 1383000 | Contributions |
| Investment Earnings Or Losses | 1498000 | InvestmentEarningsOrLosses |
| Other Expenditures | 1554000 | OtherExpenditures |
| End Of Year Balance | 51860000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 46061000 | BeginningOfYearBalance |
| Contributions | 517000 | Contributions |
| Investment Earnings Or Losses | 6571000 | InvestmentEarningsOrLosses |
| Other Expenditures | 2616000 | OtherExpenditures |
| End Of Year Balance | 50533000 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 56025000 | BeginningOfYearBalance |
| Contributions | 735000 | Contributions |
| Investment Earnings Or Losses | -9850000 | InvestmentEarningsOrLosses |
| Other Expenditures | 849000 | OtherExpenditures |
| End Of Year Balance | 46061000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 24277520 | OtherCostOrOtherBasis |
| Depreciation | 17400193 | Depreciation |
| Book Value | 6877327 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8336984 | OtherCostOrOtherBasis |
| Depreciation | 5513367 | Depreciation |
| Book Value | 2823617 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 9700944 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (7 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MSCI ACWI Ex USA Index NL QP CTF | 1992036 | F |
| MSCI ACWI Ex USA Index NL QP CTF | 12615716 | F |
| MSCI United States Index NL QP CTF | 1789086 | F |
| US Aggregate Bond Index NL QP CF | 15521043 | F |
| US Total Market Index Non-Lending QP CTF | 15368930 | F |
| PIMCO Commodity Real Return | 2688280 | F |
| Primus High Yield Bond Fund, LP | 3289123 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 53264214 | TotalOfBookValueSecurities |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Bequests Receivable | 3975839 |
| Bond Issuance Cost | 93810 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 4069649 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Accrued Gift Annuity | Description |
| Amount | $529,497 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 529497 | TotalOfAmounts |
| Total Revenue | 11297450 | TotalRevenue |
| Total Expenses | 10134604 | TotalExpenses |
| Excess Or Deficit For Year | 1162846 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -5065717 | NetUnrealizedGLOnInvestments |
| Other | -$235,945 | OtherAmount |
| Total Adjustments | -5301662 | TotalAdjustments |
| Excess Or Deficit Per FS | -4138816 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6099500 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 4784 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -5202734 | OtherRevenues |
| Revenue Not Rptd F990 | -5197950 | RevenueNotRptdF990 |
| Revenue Subtotal | 11297450 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 11297450 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 10238316 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 4784 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 98928 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 103712 | ExpensesNotRptdF990 |
| Expenses Subtotal | 10134604 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 10134604 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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, temporarily restricted for purchase of additional collection items, or added to the permanently restricted endowment for the purchase of 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 1.5 million books, 5 million manuscript pages and 0.5 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. | Description of Intended Use of Endowment Funds: |
| Part X: | The Newberry Library is exempt from federal income taxes under Internal Revenue Code (IRC) section 501(c)(3) as a public charity. The Newberry Library is also exempt from Illinois income tax. The Newberry Library files Form 990 (Return of Organization Exempt from Income Tax) annually. When this return is filed, it is highly certain that positions taken would be sustained upon examination by the taxing authorities. Examples of tax positions common to nonprofit organizations include such matters as the following: the tax exempt status of the entity, the continued tax exempt status of bonds issued and various positions relative to potential sources of unrelated business taxable income (UBIT). The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes that it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes. At June 30, 2012 no such positions were recognized. Forms 990 are subject to examination by the Internal Revenue Service (IRS) up to three years from the extended due date of each return. | Description of Uncertain Tax Positions Under FIN 48: |
| Deferred Giving Arrangements -235,945. | Part XI, Line 8 - Other Adjustments: | |
| Fundraising Expenses 98,928. Deferred Giving Arrangements -235,945. Net unrealized loss on investments -5,065,717. | Part XII, Line 2d - Other Adjustments: | |
| Fundraising Expenses 98,928. | Part XIII, Line 2d - Other Adjustments: |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Europe (Including Iceland & Greenland) | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | Grants to Recipients Located in Region | TypeOfActivitiesConducted |
| Specific Services Provided | Fellowships for Research | SpecificServicesProvided |
| Total Expenditures | 29682 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 29682 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 29682 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | Stipends - Fellowship stipends from the Newberry Library are intended to be spent as 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. | TypeOfAssistance |
| Region | Europe (Including Iceland & Greenland) - | Region |
| Number Of Recipients | 10 | NumberOfRecipients |
| Amount Of Cash Grant | 29682 | AmountOfCashGrant |
| Manner Of Cash Disbursement | Check | MannerOfCashDisbursement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants Outside the U.S.: | Identifier |
| Explanation | Schedule F, 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. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Book Fair | NameOfEvent1 |
| Gross Receipts Event1 | 172264 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 132398 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 39866 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 12288 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 27578 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Award Dinner | NameOfEvent2 |
| Gross Receipts Event2 | 165425 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 106363 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 59062 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 59062 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 337689 | GrossReceiptsTotal |
| Charitable Contributions Total | 238761 | CharitableContributionsTotal |
| Gross Revenue Total Events | 98928 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 12288 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 86640 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 98928 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Stipends - Fellowship stipends from the Newberry Library are intended to be spent as 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. | TypeOfGrant |
| Number Of Recipients | 190 | NumberOfRecipients |
| Amount Of Cash Grant | 542312 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| David Spadafora | |||||||||||||
| 222541 | 0 | 0 | 0 | 0 | 0 | 15229 | 0 | 20973 | 0 | 258743 | 0 | 0 | 0 |
| James P Burke Jr | |||||||||||||
| 166481 | 0 | 0 | 0 | 0 | 0 | 10280 | 0 | 15057 | 0 | 191818 | 0 | 0 | 0 |
| Michelle Burns | |||||||||||||
| 142980 | 0 | 0 | 0 | 0 | 0 | 8879 | 0 | 14833 | 0 | 166692 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | David Spadafora | NamePerson |
| Purpose Of Loan | Mortgage | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $500,000 | OriginalPrincipalAmount |
| Balance Due | 452791 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 452791 | TotalBalanceDue |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 25 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 433142 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV on Date of Gift | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Method for Determining Number of Contributors: | Identifier |
| Return Reference | Part I, Column (b): | ReturnReference |
| Explanation | The amount above represents the number of contributors. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | 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 follow-up to insure 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 librarian." With respect to the Newberry Library's accounting year which ended June 30, 2012, the Executive Committee, acting in executive session, set the compensation of the president and 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, 2012. 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 5: | Net unrealized losses on investments: -5,065,717. Deferred Giving Arrangements -235,945. Total to Form 990, Part XI, Line 5: -5,301,662. | Changes in Net Assets or Fund Balances: |
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