2012-06-01T08:54:45-05:00 2011-12-31 390432630 QUARLES & BRADY LLP 300 N LASALLE ST SUITE 4000 CHICAGO IL 60654 990 2011-01-01 363666973 FIRST ANALYSIS INSTITUTE OF INTEGRATIVE STUDIES FIRS 3122581400 ONE SO WACKER DRIVE SUITE 3900 CHICAGO IL 60606 GARY H KLINE 3127155000 2012-06-01 1 SARAH M LINSLEY P01317392 3127155000 2011 2016-02-24 21:20:13Z GARY H KLINE 300 N LASALLE ST SUITE 4000 CHICAGO IL 60654 645781 0 X INTEGRATIVESTUDIES.COM X 1989 IL INSTITUTE OFFERS CLASSES AND SEMINARS THAT ARE OPEN TO INTERESTED INDIVIDUALS. 4 4 0 0 64258 55827 10712 10604 4185 5100 234352 566407 86608 63670 335857 645781 0 0 0 0 0 0 0 0 0 109107 65618 109107 65618 226750 580163 2731195 2824714 0 0 2731195 2824714 TO OFFER EDUCATIONAL PROGRAMS FOR EXPLORING INTEGRATIVE MODELS THAT DRAW UPON PLATONIC OR NEO-PLATONIC REASONING BUT THAT ALSO IMPOSE THE DISCIPLINE OF ARISTOTELIAN REASONING; AND TO EXPLORE IMPORTANT ISSUES FROM THE STANDPOINT OF CHRISTIANITY, ISLAM AND JUDAISM. 0 0 56619 5100 INSTITUTE OFFERS SEMINARS AND EDUCATIONAL PROGRAMS THAT ARE OPEN TO ANY INTERESTED INDIVIDUAL 56619 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 1 1 1 1 0 0 0 1 1 0 1 1 1 0 0 0 IL X F OLIVER NICKLIN JR 3122581400 ONE S WACKER DRIVE SUITE 3900 CHICAGO IL 60606 F OLIVER NICKLIN JR 2.00 X X 0 0 0 GARY H KLINE 0.20 X X 0 0 0 ARTHUR J DROGE 0.10 X 0 0 0 JEROME P WAGNER 1.00 X 5000 0 0 5000 0 0 0 0 0 0 0 10604 10604 10604 SEMINAR FEES 624210 5100 5100 5100 6630 6630 559777 559777 559777 559777 ORDINARY BUSINESS INCO 900099 57628 57628 SECTION 481(A) INCOME 900099 6042 6042 63670 645781 5100 64258 565819 X 1477 1477 3000 1500 1500 FEDERAL & STATE EST TAX 7499 7499 TEACHING COMPENSATION(C 27241 27241 CATHOLIC THEOLOGICAL UN 12099 12099 MEALS & ENTERTAINMENT 5455 5455 8847 8847 65618 56619 8999 0 48670 150971 2682525 2673743 2731195 2824714 0 0 X 1659166 1804549 0 0 1072029 1020165 2731195 2824714 2731195 2824714 X 580163 -486644 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 58,150 SHS FIRST ANALYSIS STOCK (BOOK VALUE AT TIME OF GIFT-SEE FOOTNOTE #1) 1804549 C INTEREST IN FIRST ANALYSIS VENTURE OPERATION & RESEARCH LLC 869194 C 2673743 645781 65618 580163 -486644 -486644 93519 PART XI, LINE 8 - OTHER ADJUSTMENTS: BOOK TO TAX ADJUSTMENT FOR LLC INCOME -477,841. ADJUSTMENT TO REFLECT INVESTMENT RELATED EXPENSES -8,803. TOTAL TO SCHEDULE D, PART XI, LINE 8: -486,644. AMOUNT ON PART XI LINE 8 REPRESENTS BOOK DIFFERENCE IN LLP INVESTMENT REPORTED ON A GAAP BASIS VERSUS INCOME REPORTED ON A TAX BASIS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 NOTICE IS PUBLISHED IN LOCAL NEWSPAPER AS TO RACIALLY NONDISCRIMINATORY POLICY X 1 10604 BOOKVALUETIMEOFGIFT 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 GARY H KLINE, ONE OF THE DIRECTORS AND AN OFFICER OF THE INSTITUTE, WAS AFFLIATED WITH THE LAW FIRM OF QUARLES & BRADY LLP, WHICH HAS BEEN ONE OF THE LAW FIRMS UTILIZED FOR LEGAL SERVICES BY FIRST ANALYSIS CORPORATION, OF WHICH F. OLIVER NICKLIN JR, WHO IS A DIRECTOR AND THE PRESIDENT OF THE INSTITUTE, IS ALSO PRESIDENT AND THE MAJORITY SHAREHOLDER. QUARLES & BRADY LLP ALSO PROVIDES LEGAL SERVICES TO THE INSTITUTE. THE BOARD OF DIRECTORS OF THE INSTITUTE CONSISTS OF FOUR INDIVIDUALS. THERE ARE AT PRESENT NO BOARD COMMITTEES AND THEREFORE THERE ARE NO MINUTES OF ANY BOARD COMMITTEE MEETINGS. THE INSTITUTE'S DIRECTORS WERE ASKED TO REVIEW ITS 2011 FORM 990 BEFORE IT WAS FILED AND TO MAKE SUGGESTIONS WITH RESPECT THERETO. THE INSTITUTE HAS ONE MEMBER, F. OLIVER NICKLIN JR, WHO AS SOLE MEMBER, HAS THE POWER TO ELECT THE INSTITUTE'S BOARD OF DIRECTORS AND TO ELECT MEMBER(S). ALSO, BOARD OF DIRECTORS ACTIONS AS TO CERTAIN TYPES OF EXTRAORDINARY MATTERS, SUCH AS MERGERS, CONSOLIDATIONS, DISSOLUTION AND EXTRAORDINARY ASSET SALES ARE SUBJECT TO MEMBER(S) APPROVAL. FORM 990, PART VI, SECTION A, LINE 6 THE INSTITUTE HAS ONE MEMBER, F OLIVER NICKLIN JR, WHO AS SOLE MEMBER, HAS THE POWER TO ELECT THE INSTITUTE'S BOARD OF DIRECTORS AND TO ELECT MEMBER(S). ALSO, BOARD OF DIRECTORS ACTIONS AS TO CERTAIN TYPES OF EXTRAORDINARY MATTERS, SUCH AS MERGERS, CONSOLIDATIONS, DISSOLUTION AND EXTRAORDINARY ASSET SALES ARE SUBJECT TO MEMBER(S) APPROVAL. FORM 990, PART VI, SECTION A, LINE 7A THE INSTITUTE HAS ONE MEMBER, F OLIVER NICKLIN JR, WHO AS SOLE MEMBER, HAS THE POWER TO ELECT THE INSTITUTE'S BOARD OF DIRECTORS AND TO ELECT MEMBER(S). ALSO, BOARD OF DIRECTORS ACTIONS AS TO CERTAIN TYPES OF EXTRAORDINARY MATTERS, SUCH AS MERGERS, CONSOLIDATIONS, DISSOLUTION AND EXTRAORDINARY ASSET SALES ARE SUBJECT TO MEMBER(S) APPROVAL. FORM 990, PART VI, SECTION A, LINE 7B THE INSTITUTE HAS ONE MEMBER, F OLIVER NICKLIN JR, WHO AS SOLE MEMBER, HAS THE POWER TO ELECT THE INSTITUTE'S BOARD OF DIRECTORS AND TO ELECT MEMBER(S). ALSO, BOARD OF DIRECTORS ACTIONS AS TO CERTAIN TYPES OF EXTRAORDINARY MATTERS, SUCH AS MERGERS, CONSOLIDATIONS, DISSOLUTION AND EXTRAORDINARY ASSET SALES ARE SUBJECT TO MEMBER(S) APPROVAL. FORM 990, PART VI, SECTION A, LINE 8B THE INSTITUTE HAS ONE MEMBER, F OLIVER NICKLIN JR, WHO AS SOLE MEMBER, HAS THE POWER TO ELECT THE INSTITUTE'S BOARD OF DIRECTORS AND TO ELECT MEMBER(S). ALSO, BOARD OF DIRECTORS ACTIONS AS TO CERTAIN TYPES OF EXTRAORDINARY MATTERS, SUCH AS MERGERS, CONSOLIDATIONS, DISSOLUTION AND EXTRAORDINARY ASSET SALES ARE SUBJECT TO MEMBER(S) APPROVAL. FORM 990, PART VI, SECTION A, LINE 8B BECAUSE OF THE PRESENT SMALLNESS OF THE ORGANIZATION, THE INSTITUTE DOES NOT HAVE COMMITTEES AND THEREFORE FOR THIS QUESTION, THE TAX SOFTWARE REQUIRES A YES OR NO ANSWER AND AN ANSWER OF NO HAS BEEN PLACED FOR THIS QUESTION. FORM 990, PART VI, SECTION B, LINE 11 THE INSTITUTE'S DIRECTORS WERE ASKED TO REVIEW ITS 2011 FORM 990 BEFORE IT WAS FILED AND TO MAKE SUGGESTIONS WITH RESPECT THERETO. FORM 990, PART VI, SECTION B, LINE 12C BECAUSE OF THE PRESENT SMALLNESS OF THE ORGANIZATION, THE INSTITUTE HAS BEEN ABLE TO INFORMALLY MONITOR THE SITUATION AS TO IMPERMISSIBLE CONFLICTS OF INTEREST AND HERETOFORE HAS NOT HAD ANY FORMAL MONITORING AS TO AVOIDING CONFLICTS OF INTEREST. PAGE 6, PART VI, SECTION B POLICIES -QUESTIONS 15A AND 15B-THESE QUESTIONS ARE REQUIRED TO HAVE A YES OR NO ANSWER BY THE TAX SOFTWARE, EVEN THOUGH THIS QUESTION SHOULD BE LEFT BLANK. HOWEVER IT IS ANSWERED NO TO SATISFY THE SOFTWARE REQUIREMENTS. FORM 990, PART VI, SECTION C, LINE 18 THE INSTITUTE WILL MAKE AVAILABLE TO INTERESTED PERSONS COPIES OF FORM 990 AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 BECAUSE OF THE PRESENT SMALLNESS OF THE ORGANIZATION, THE INSTITUTE HAS BEEN ABLE TO INFORMALLY MONITOR THE SITUATION AS TO IMPERMISSIBLE CONFLICTS OF INTEREST AND HERETOFORE HAS NOT HAD FORMAL MONITORING AS TO AVOIDING CONFLICTS OF INTEREST. THE INSTITUTE WILL MAKE AVAILABLE TO INTERESTED PERSONS COPIES OF ITS GOVERNING INSTRUMENT, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST. CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC FORM 990, PART VII F OLIVER NICKLIN JR - ONE S WACKER DRIVE SUITE 3900, CHICAGO, IL 60606. GARY H KLINE - 300 N LASALLE STREET, SUITE 4000, CHICAGO, IL 60654. ARTHUR J DROGE - UNIVERSITY OF TORONTO AT SCARBOROUGH 1265 MILITARY TRAIL, TORONTO, CANADA, CANADA NIC 1A4. JEROME P WAGNER - 2755 LINCOLNWOOD DR, EVANSTON, IL 60201. ALL OTHER FUNCTIONAL EXPENSES FORM 990, PART X, LINE 24E OTHER MISC EXPENSES: PROGRAM SERVICE EXPENSES 5,145. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,145. TRAVEL AND LODGING: PROGRAM SERVICE EXPENSES 2,406. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,406. ADVERTISING: PROGRAM SERVICE EXPENSES 933. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 933. MISC SEMINAR EXPENSES: PROGRAM SERVICE EXPENSES 350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 350. FILING FEES: PROGRAM SERVICE EXPENSES 13. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13. INVESTMENTS-OTHER SECURITIES SEE PART IV, LINE 11 FOOTNOTE #1 FORM 990 PAGE 11 PART X LINE 12 SHARES OF CLASS B COMMON STOCK OF FIRST ANALYSIS CORPORATION (BOOK VALUE AT TIME OF GIFT TREATED AS BOOK VALUEIN THE HANDS OF FIRST ANALYSIS INSTITUTE OF INTEGRATIVE STUDIES-CURRENT BOOK VALUE AT $106.04 PER SHARE AS OF DECEMBER 31, 2011 WAS $6,166,226. FAIR MARKET VALUE BELIEVED TO BE LESS.) CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: BOOK TO TAX ADJUSTMENT FOR LLC INCOME -477,841. ADJUSTMENT TO REFLECT INVESTMENT RELATED EXPENSES -8,803. TOTAL TO FORM 990, PART XI, LINE 5: -486,644.