2012-11-12T10:35:52-06:00 2011-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2011-01-01 362167011 FIELD MUSEUM OF NATURAL HISTORY FIEL 3129229410 1400 SOUTH LAKE SHORE DRIVE CHICAGO IL 606052496 JW CROFT 3129229410 2012-11-07 1 LU ANN TRAPP P01506476 3122071040 2012-11-07 2011 2016-02-24 21:20:13Z RICHARD LARIVIERE 1400 SOUTH LAKE SHORE DRIVE CHICAGO IL 606052496 138873682 0 X WWW.FIELDMUSEUM.ORG X 1893 IL THE MUSEUM IS AN INDEPENDENT CENTER OF LEARNING THAT ENGAGES IN RESEARCH AND PUBLIC EDUCATION. 80 74 743 547 4091372 919350 28819104 39965721 19338236 22649046 8332753 11563245 4306846 3304557 60796939 77482569 436211 426368 0 0 30339638 29415604 69306 89139 4426103 44972362 45625902 75817517 75557013 -15020578 1925556 593758667 566734888 229476099 227533352 364282568 339201536 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 26985114 422906 RESEARCH AND COLLECTIONS: THE MUSEUM'S COLLECTIONS ARE THE ESSENCE OF THE MUSEUM. THEY TRACE THE HISTORY OF THE EARTH FROM ITS FORMATION THROUGH THE EVOLUTIONARY WAVES OF PLANT AND ANIMAL LIFE TO THE DEVELOPMENT AND EXPRESSION OF DIVERSE HUMAN CULTURES. THE COLLECTIONS AMOUNT TO OVER 24,000,000 NATURAL OBJECTS AND MAN-MADE ARTIFACTS SPANNING THE MUSEUM'S FOUR DISCIPLINES - ANTHROPOLOGY, BOTANY, GEOLOGY, AND ZOOLOGY 12837651 3462 13534296 PUBLIC PROGRAMS: THE MUSEUM DEVOTES MORE THAN HALF OF ITS TOTAL 1,300,000 SQUARE FEET OF SPACE TO EXHIBITIONS AND OTHER PUBLIC PROGRAMS. 6948064 0 MUSEUM SERVICES: MUSEUM SERVICES PROVIDE SUPPORT AND MAINTENANCE FOR THE PUBLIC PROGRAMS. 16336269 0 11868405 INSTITUTIONAL ADVANCEMENT, PUBLIC SERVICES, BUSINESS ENTERPRISES, EDUCATION AND LIBRARY. 16336269 11868405 63107098 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 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 0 1 210 0 1 743 1 1 1 0 0 0 0 1 1 0 0 0 0 X 80 74 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CO CT FL GA IL KS KY LA ME MI MN MS NJ NM NY NC ND OH OK OR PA UT WA WI VA TN SC RI MA MD X JW CROFT 3126657240 1400 S LAKESHORE DRIVE CHICAGO IL 606052496 X JOHN A CANNING JR 3.00 X X 0 0 0 HOWARD B BERNICK 3.00 X X 0 0 0 NORMAN R BOBINS 3.00 X X 0 0 0 MARSHALL FIELD 3.00 X X 0 0 0 BOBBY MEHTA 3.00 X X 0 0 0 JAMES O'CONNOR JR 3.00 X X 0 0 0 PETER B POND 3.00 X X 0 0 0 JB PRITZKER 3.00 X X 0 0 0 JOHN W ROWE 3.00 X X 0 0 0 KELLY R WELSH 3.00 X X 0 0 0 LINDA S WOLF 3.00 X X 0 0 0 JAMES S FRANK 3.00 X X 0 0 0 MARSHALL B FRONT 3.00 X X 0 0 0 WILBUR H GANTZ III 3.00 X X 0 0 0 KIMBERLY QUERREY 3.00 X X 0 0 0 MICHAEL W FERRO JR 3.00 X X 0 0 0 JOHN W MCCARTER JR 35.00 X X 515277 0 874375 MILES D WHITE 3.00 X 0 0 0 W ROCKWELL WIRTZ 1.00 X 0 0 0 WENDY ABRAMS 1.00 X 0 0 0 JAMES L ALEXANDER 1.00 X 0 0 0 ANTHONY K ANDERSON 1.00 X 0 0 0 JOHN R ANDERSON 1.00 X 0 0 0 SUSAN M BENTON 1.00 X 0 0 0 TOM BERNARDIN 1.00 X 0 0 0 JEAN-CLAUDE BRIZARD 1.00 X 0 0 0 JOHN L BUCKSBAUM 1.00 X 0 0 0 GREGORY C CASE 1.00 X 0 0 0 RICHARD A CHAIFETZ 1.00 X 0 0 0 RICHARD W COLBURN 1.00 X 0 0 0 ROBERT W CRAWFORD JR 1.00 X 0 0 0 LOUIS T DELGADO 1.00 X 0 0 0 ROGER K DEROMEDI 1.00 X 0 0 0 RICHARD ELDEN 1.00 X 0 0 0 JAMEE C FIELD 1.00 X 0 0 0 JANICE L FIELDS 1.00 X 0 0 0 DAVID W FOX JR 1.00 X 0 0 0 J ERIK FYRWALD 1.00 X 0 0 0 RONALD J GIDWITZ 1.00 X 0 0 0 RUTH ANN M GILLIS 1.00 X 0 0 0 SUE LING GIN 1.00 X 0 0 0 ROBERT H GORDON 1.00 X 0 0 0 ANTONIO J GRACIAS 1.00 X 0 0 0 JACK M GREENBERG 1.00 X 0 0 0 JUDY GREFFIN 1.00 X 0 0 0 LEWIS S GRUBER 1.00 X 0 0 0 DAVID G HERRO 1.00 X 0 0 0 DAVID D HILLER 1.00 X 0 0 0 MELLODY L HOBSON 1.00 X 0 0 0 CHERYLE R JACKSON 1.00 X 0 0 0 TODD KAPLAN 1.00 X 0 0 0 BRYANT L KEIL 1.00 X 0 0 0 MICHAEL L KEISER 1.00 X 0 0 0 CONSTANCE T KELLER 1.00 X 0 0 0 RICHARD L KEYSER 1.00 X 0 0 0 WILLIAM C KUNKLER III 1.00 X 0 0 0 RANDOLPH R KURTZ 1.00 X 0 0 0 DIANE VON SCHLEGELL LEVY 1.00 X 0 0 0 TIMOTHY J MCCARTY 1.00 X 0 0 0 W JAMES MCNERNEY JR 1.00 X 0 0 0 CLARE MUNANA 1.00 X 0 0 0 NEIL S NOVICH 1.00 X 0 0 0 DAVID C PARRY 1.00 X 0 0 0 AURIE A PENNICK 1.00 X 0 0 0 M JUDE REYES 1.00 X 0 0 0 LARRY D RICHMAN 1.00 X 0 0 0 THOMAS S RICKETTS 1.00 X 0 0 0 PATRICK G RYAN JR 1.00 X 0 0 0 MICHAEL J SACKS 1.00 X 0 0 0 LOUIS L SCHORSCH 1.00 X 0 0 0 NYDIA SEARLE 1.00 X 0 0 0 ALEJANDRO SILVA 1.00 X 0 0 0 ADELE S SIMMONS 1.00 X 0 0 0 MAUREEN DWYER SMITH 1.00 X 0 0 0 MICHAEL TANG 1.00 X 0 0 0 GLENN F TILTON 1.00 X 0 0 0 DAVID M TOLMIE 1.00 X 0 0 0 EVERETT S WARD 1.00 X 0 0 0 LAURA S WASHINGTON 1.00 X 0 0 0 GREGORY D WASSON 1.00 X 0 0 0 J W CROFT 35.00 X 297241 0 321309 LAURA SADLER 35.00 X 186608 0 16157 R L GRANDE 35.00 X 194826 0 20658 ROBERT D MARTIN 35.00 X 204150 0 20012 JOSEPH BRENNAN 35.00 X 176376 0 18772 OLIVIER RIEPPEL 35.00 X 170931 0 15450 DEBRA MOSKOVITZ 35.00 X 158204 0 13999 SHAWN VANDERZIEL 35.00 X 151778 0 11328 2055391 0 1312060 19 0 1 0 OMD USA LLC PO BOX 533202 CHARLOTTE NC 28290 ADVERTISING 1313141 SUPERIOR MECHANICAL SYSTEMS 7515 SANTA FE DRIVE HODGKINS IL 60525 CONSTRUCTION 1296606 DDB PO BOX 92244 CHICAGO IL 60675 ADVERTISING 707516 CATH ASSOCIATES INC 2401 MAIN STREET EVANSTON IL 60202 CONSTRUCTION 694204 ORTIZ BUILDERS INC 3607 WEST 26TH STREET CHICAGO IL 60623 CONSTRUCTION 586113 28 1448060 9773385 28744276 5492970 39965721 ADMISSIONS 900099 11198705 11198705 EVENT INCOME 900099 2920740 2920740 MEMBERSHIP DUES 900099 2920220 2920220 TRAVELING EXHIBITS 900099 2335591 2335591 AUXILIARY PROGRAM 900099 1233247 975629 257618 2040543 1766267 274276 22649046 3759705 81173 3678532 224722 224722 40000 0 40000 40000 40000 62917945 3825000 58939405 0 3978540 3825000 7803540 3825000 3978540 228488 1448060 401783 -173295 -173295 4798507 2049925 2748582 1916741 831841 MISCELLANEOUS 900099 464548 464548 464548 77482569 25402701 4091372 8022775 75262 75262 219602 219602 131504 131504 2426450 420326 1598802 407322 19081095 16216259 891003 1973833 612725 471249 73438 68038 5447839 4568644 251024 628171 1847495 1420917 221430 205148 88931 29116 55287 4528 161465 161465 60000 60000 89139 89139 819401 819401 9193929 8314931 435262 443736 2104426 2097740 6686 6590202 4357675 1822899 409628 611606 461930 149676 48091 48091 9993207 9621674 302871 68662 3245168 2910621 301019 33528 12159 12159 12041675 11741557 205748 94370 246557 246557 UNRELATED BUSINESS INCO 409085 409085 75557013 63107098 8023812 4426103 1194750 1286999 0 7935972 7219215 12283275 3151201 2965572 1546856 1513224 406582700 146074612 264919119 260508088 179769177 145133752 130790013 130993307 5168336 4114699 593758667 566734888 6811144 7209572 5855220 5106586 179000000 167000000 8900000 4550000 28909735 43667194 229476099 227533352 X 226401086 195563056 71028387 70539940 66853095 73098540 364282568 339201536 593758667 566734888 X 1925556 -27006588 X 0 1 1 X 1 1 X 29226135 51103618 31207714 25679446 36609705 173826618 6108327 7011000 6238468 5853762 6276236 31487793 35334462 58114618 37446182 31533208 42885941 205314411 10448390 194866021 4868894 4697800 6006331 3624304 4024427 23221756 185483 153781 660376 723912 734497 2458049 814849 584520 464548 1863917 232858133 108755821 0.83680 0.81800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 69542 0 0 69542 0 EXPLANATION OF LOBBYING ACTIVITIES: 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, METCALF FEDERAL RELATIONS WAS PAID $60,000 FOR THEIR SERVICES IN SUPPORT OF THESE ACTIVITIES IN 2011. METCALF FEDERAL RELATIONS PROVIDES STRATEGIC COUNSEL TO THE MUSEUM REGARDING RELATIONS MATTERS AND PROVIDES PROFESSIONAL STAFF TO CARRY OUT GOVERNMENT FUNCTIONS IN WASHINGTON, D.C. 3825000 X X X X 0 300540857 3708392 -3207966 26000000 819401 274221882 275936197 6908166 32449462 14000000 752968 300540857 225214934 3787092 59646630 12000000 712459 275936197 328385760 11574474 -98502009 15428659 814632 225214934 0.61720 0.25020 0.13260 1 0 291750440 88521215 203229225 96037746 44260607 51777139 17751111 13292790 4458321 1043403 1043403 260508088 EQUITY SECURITY FUNDS 12978564 F FIXED INCOME SECURITIES FUNDS 12685994 F HEDGED EQUITY FUNDS 38044241 F ABSOLUTE RETURN FUNDS 65085190 F LIMITED PARTNERSHIP 2199318 F 130993307 ASSET RETIREMENT OBLIGATION 8950389 ACCRUED PENSION COSTS 8355276 INTEREST RATE SWAP 26361529 43667194 77482569 75557013 1925556 -25043888 -1962700 -27006588 -25081032 54199313 -25043888 128325 2451708 -22463855 76663168 819401 819401 77482569 79280345 128325 4414408 4542733 74737612 819401 819401 75557013 PART III, LINE 1A: THE MUSEUM'S COLLECTIONS ARE MADE UP 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. PART III, LINE 4: THE MUSEUM'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL, CULTURAL, OR SCIENTIFIC SIGNIFICANCE. MUCH 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 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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. HOWEVER, THE MUSEUM DOES HAVE A NOMINAL TAX EXPENSE DUE TO BUSINESS ACTIVITIES UNRELATED TO ITS EXEMPT MISSION. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED GUIDANCE CLARIFYING THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS, AND WHICH COULD REQUIRE ADDITIONAL DISCLOSURE. MANAGEMENT BELIEVES THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE TAX YEARS ENDED 2008, 2009 AND 2010 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 AND THAT NO PROVISION FOR INCOME TAXES IS REQUIRED AT DECEMBER 31, 2011. FOR THE YEARS ENDED DECEMBER 31, 2011 AND 2010, NO INTEREST AND PENALTIES WERE RECORDED. PART XI, LINE 8 - OTHER ADJUSTMENTS: PENSION-RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -1,962,700. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 401,783. COST OF GOODS SOLD 2,049,925. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 401,783. COST OF GOODS SOLD 2,049,925. PENSION-RELATED CHARGES OTHER THAN NET PERIODIC PENSION COST 1,962,700. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES COLLECTIONS & RESEARCH 7433 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES COLLECTIONS & RESEARCH 241170 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES COLLECTIONS & RESEARCH 221468 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES COLLECTIONS & RESEARCH 750 NORTH AMERICA 0 0 PROGRAM SERVICES COLLECTIONS & RESEARCH 64343 SOUTH AMERICA 0 0 PROGRAM SERVICES COLLECTIONS & RESEARCH 1676283 SOUTH ASIA 0 0 PROGRAM SERVICES COLLECTIONS & RESEARCH 1008 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES PUBLIC PROGRAMS 2000 SOUTH ASIA 0 0 PROGRAM SERVICES PUBLIC PROGRAMS 12239 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES COLLECTIONS & RESEARCH 563037 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES PUBLIC PROGRAMS 460180 SOUTH ASIA 0 0 PROGRAM SERVICES PUBLIC PROGRAMS 2500 NORTH AMERICA 0 0 PROGRAM SERVICES PUBLIC PROGRAMS 31123 SOUTH AMERICA 0 0 PROGRAM SERVICES PUBLIC PROGRAMS 2795 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES PUBLIC PROGRAMS 60083 ANTARCTICA 0 0 PROGRAM SERVICES COLLECTIONS & RESEARCH 388 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING STIPEND FOR RESEARCH 4300 SOUTH ASIA 0 0 GRANTMAKING STIPEND FOR RESEARCH 2100 NORTH AMERICA 0 0 GRANTMAKING STIPEND FOR RESEARCH 3400 SOUTH AMERICA 0 0 GRANTMAKING STIPEND FOR RESEARCH 20145 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING STIPEND FOR RESEARCH 1400 SUB-SAHARAN AFRICA 0 0 GRANTMAKING STIPEND FOR RESEARCH 98149 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING STIPEND FOR RESEARCH 2010 CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS 82441000 0 0 0 0 0 0 2214455 83704849 85919304 X STIPEND FOR RESEARCH SUB-SAHARAN AFRICA 4 69694 WIRE STIPEND FOR RESEARCH SUB-SAHARAN AFRICA 1 6383 CHECK STIPEND FOR RESEARCH SOUTH AMERICA 1 1500 CHECK 1 0 0 1 1 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, 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 SDA TELESERVICES 5757 W CENTURY BLVD SUITE 300 LOS ANGELES CA 90045 TELEMARKETING AND CONSULTING 0 76802 89139 -12337 76802 89139 -12337 AL AK AZ AR CT FL GA IL KS KY LA ME MD MA MI MN MS NJ NM NY ND OH OK OR PA RI SC TN UT VA WA WV WI CO NC WOMEN'S BOARD EVENT 1588470 1380387 208083 348862 PRESIDENT'S LEADERSHIP COUNCIL 88078 67673 20405 52921 1676548 1448060 228488 401783 401783 -173295 1 UNIVERSITY OF ILLINOIS AT CHICAGO 601 S MORGAN CHICAGO IL 60607 376000511 501(C)(3) 32908 STIPEND FOR STUDENT RESEARCH WORK THE UNIVERSITY OF CHICAGO 5801 S ELLIS AVE CHICAGO IL 60637 362177139 501(C)(3) 38192 STIPEND FOR STUDENT RESEARCH WORK 2 0 STIPENDS FOR RESEARCH AND COLLECTIONS 68 219602 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 0 1 0 0 0 0 0 0 0 JOHN W MCCARTER JR 450000 0 0 0 65277 0 874004 0 371 0 1389652 0 53277 0 J W CROFT 297241 0 0 0 0 0 313568 0 7741 0 618550 0 0 0 LAURA SADLER 186608 0 0 0 0 0 8416 0 7741 0 202765 0 0 0 R L GRANDE 194826 0 0 0 0 0 8787 0 11871 0 215484 0 0 0 ROBERT D MARTIN 204150 0 0 0 0 0 9207 0 10805 0 224162 0 0 0 JOSEPH BRENNAN 176376 0 0 0 0 0 7955 0 10817 0 195148 0 0 0 OLIVIER RIEPPEL 160931 0 10000 0 0 0 7709 0 7741 0 186381 0 0 0 DEBRA MOSKOVITZ 158204 0 0 0 0 0 7135 0 6864 0 172203 0 0 0 SHAWN VANDERZIEL 151778 0 0 0 0 0 6845 0 4483 0 163106 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 PURPOSES RELATING TO ENTERTAINING GUESTS, FUNDRAISING, AND NETWORKING. PART I, LINE 4B THE ONLY MUSEUM EMPLOYEE TO PARTICIPATE IN THE MUSEUM'S SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IS JOHN W. MCCARTER, JR. MR. MCCARTER RECEIVED A DISTRIBUTION OF $53,277 FROM THE NONQUALIFIED RETIREMENT PLAN IN CALENDAR YEAR 2011. SUPPLEMENTAL INFORMATION PART III PART II -COLUMN C - PER THE CEO & PRESIDENT'S EMPLOYMENT AGREEMENT, OTHER DEFERRED COMPENSATION INCLUDES AN ACCRUED EXPENSE OF $850,765 FOR AN 18 MONTH PAID SABBATICAL STARTING ON APPROXIMATELY 10/1/2012. THIS EXPENSE HAS BEEN ACCRUED AS OF 12/31/11 BUT NOT YET PAID. THE CEO & PRESIDENT WILL BE PAID THIS AMOUNT RATABLY OVER THE SABBATICAL PERIOD. THIS SABBATICAL IS IN RECOGNITION OF THE CEO & PRESIDENT'S 16 YEARS OF SERVICE AND EXTENSIVE LEADERSHIP AND COMMITMENT TO THE MUSEUM. THIS AGREEMENT WAS APPROVED BY THE MUSEUM'S BOARD OF TRUSTEES. PER THE EXECUTIVE VICE PRESIDENT'S EMPLOYMENT AGREEMENT, OTHER DEFERRED COMPENSATION INCLUDES AN ACCRUED EXPENSE OF $300,162 FOR A 12 MONTH PAID SABBATICAL. THIS EXPENSE HAS BEEN ACCRUED AS OF 12/31/11 BUT NOT YET PAID. THE EXECUTIVE VICE PRESIDENT WILL BE PAID THIS AMOUNT RATABLY OVER THE SABBATICAL PERIOD. THIS SABBATICAL IS IN RECOGNITION OF THE EXECUTIVE VICE PRESIDENT'S 28 YEARS OF SERVICE AND EXTENSIVE LEADERSHIP AND COMMITMENT TO THE MUSEUM. THIS AGREEMENT WAS APPROVED BY THE MUSEUM'S BOARD OF TRUSTEES. JOHN ROWE TRUSTEE OF THE MUSEUM AND CHAIRMAN & CEO OF EXELON CORPORATION 2233124 THE MUSEUM PURCHASES ELECTRICAL SERVICES FROM A SUBSIDIARY OF EXELON CORPORATION AT MARKET RATES AND THE DELIVERY OF THE ELECTRICAL SERVICES FROM COMMONWEALTH EDISON AT REGULATED RATES. 0 RUTH ANN M GILLIS TRUSTEE OF THE MUSEUM AND EXEC VP OF EXELON CORPORATION 2233124 THE MUSEUM PURCHASES ELECTRICAL SERVICES FROM A SUBSIDIARY OF EXELON CORPORATION AT MARKET RATES AND THE DELIVERY OF THE ELECTRICAL SERVICES FROM COMMONWEALTH EDISON AT REGULATED RATES. 0 KELLY WELSH TRUSTEE OF THE MUSEUM AND EXEC VP & GEN COUNS OF NORTHERN TRUST 642772 NORTHERN TRUST PROVIDES FINANCIAL SERVICES TO THE FIELD MUSEUM. THE RATES PAID ARE COMPETITIVE WITH MARKET RATES. 0 GLENN TILTON TRUSTEE OF THE MUSEUM AND ON THE EXECUTIVE COMMITTEE AT JPM 3456787 JP MORGAN PROVIDES FINANCIAL SERVICES TO THE MUSEUM RELATED TO THE MUSEUM'S OUTSTANDING BONDS. THE RATES PAID ARE COMPETITIVE WITH MARKET RATES. 0 DAVID FOX JR TRUSTEE OF THE MUSEUM AND VICE CHAIRMAN OF JPM INV. BANKING 3456787 JP MORGAN PROVIDES FINANCIAL SERVICES TO THE MUSEUM RELATED TO THE MUSEUM'S OUTSTANDING BONDS. THE RATES PAID ARE COMPETITIVE WITH MARKET RATES. 0 X 323 5352322 FAIR MARKET VALUE X 338 0 X AIRLINE MILES 1 96288 COST/SELLING PRICE X CABLE MATERIALS 35 44360 COST/SELLING PRICE 5 0 1 1 THIRD PARTY USE: 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. NON REPORTING OF REVENUE: 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 BOARD OF TRUSTEES MEMBER AURIE A. PENNICK HAS A BUSINESS RELATIONSHIP WITH BOARD OF TRUSTEES MEMBER MARSHALL FIELD BOARD OF TRUSTEES MEMBER BOBBY MEHTA HAS A BUSINESS RELATIONSHIP WITH BOARD OF TRUSTEES MEMBER JOHN A. CANNING JR. BOARD OF TRUSTEES MEMBERS, WILBUR H. GANTZ III, JOHN W. MCCARTER JR., AND NEIL S. NOVICH HAVE A BUSINESS RELATIONSHIP. BOARD OF TRUSTEES MEMBER J. B. PRITZKER HAS A BUSINESS RELATIONSHIP WITH BOARD OF TRUSTEES MEMBER MICHAEL FERRO. BOARD OF TRUSTEES MEMBERS JOHN W. ROWE, JOHN A. CANNING JR., SUE LING GIN AND RUTH ANN M. GILLIS HAVE A BUSINESS RELATIONSHIP. BOARD OF TRUSTEES MEMBER LARRY RICHMAN HAS A BUSINESS RELATIONSHIP WITH BOARD OF TRUSTEES MEMBER NORMAN BOBINS. 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 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. THE GOVERNING BODY IS PROVIDED A REASONABLE AMOUNT OF TIME TO REVIEW THE RETURN AND ASK ANY QUESTIONS DIRECTLY TO THE ORGANIZATION'S MANAGEMENT OR TO CONTACT THE INDEPENDENT CPA FIRM 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 IS RESPONSIBLE FOR THE APPROVAL OF COMPENSATION. THE EXECUTIVE COMMITTEE IS COMPRISED OF INDEPENDENT TRUSTEES. THE COMMITTEE USES SALARY DATA FROM COMPARABLE INSTITUTIONS, UPDATED ANNUALLY, TO HELP DETERMINE COMPENSATION OF THE CEO. COMPENSATION DELIBERATIONS TAKE PLACE IN EXECUTIVE SESSION WITHOUT ANY STAFF PRESENT. THE COMPENSATION ARRANGEMENTS ARE DOCUMENTED VIA EXECUTED EMPLOYMENT CONTRACTS. THE VICE PRESIDENT OF ADMINISTRATION CONDUCTS SALARY ANALYSIS OF OTHER OFFICERS AND KEY EMPLOYEES WITH APPROVAL BY THE CEO. 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 VII, SECTION A PER THE CEO & PRESIDENT'S EMPLOYMENT AGREEMENT, OTHER DEFERRED COMPENSATION INCLUDES AN ACCRUED EXPENSE OF $850,765 FOR AN 18 MONTH PAID SABBATICAL STARTING ON APPROXIMATELY 10/1/2012. THIS EXPENSE HAS BEEN ACCRUED AS OF 12/31/11 BUT NOT YET PAID. THE CEO & PRESIDENT WILL BE PAID THIS AMOUNT RATABLY OVER THE SABBATICAL PERIOD. THIS SABBATICAL IS IN RECOGNITION OF THE CEO & PRESIDENT'S 16 YEARS OF SERVICE AND EXTENSIVE LEADERSHIP AND COMMITMENT TO THE MUSEUM. THIS AGREEMENT WAS APPROVED BY THE MUSEUM'S BOARD OF TRUSTEES. PER THE EXECUTIVE VICE PRESIDENT'S EMPLOYMENT AGREEMENT, OTHER DEFERRED COMPENSATION INCLUDES AN ACCRUED EXPENSE OF $300,162 FOR A 12 MONTH PAID SABBATICAL. THIS EXPENSE HAS BEEN ACCRUED AS OF 12/31/11 BUT NOT YET PAID. THE EXECUTIVE VICE PRESIDENT WILL BE PAID THIS AMOUNT RATABLY OVER THE SABBATICAL PERIOD. THIS SABBATICAL IS IN RECOGNITION OF THE EXECUTIVE VICE PRESIDENT'S 28 YEARS OF SERVICE AND EXTENSIVE LEADERSHIP AND COMMITMENT TO THE MUSEUM. THIS AGREEMENT WAS APPROVED BY THE MUSEUM'S BOARD OF TRUSTEES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -25,043,888. PENSION-RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -1,962,700. TOTAL TO FORM 990, PART XI, LINE 5: -27,006,588. 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