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      <BenefitsToMembers>
        <Total>0</Total>
      </BenefitsToMembers>
      <CompCurrentOfficersDirectors>
        <Total>0</Total>
      </CompCurrentOfficersDirectors>
      <CompDisqualPersons>
        <Total>243480</Total>
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      <OtherSalariesAndWages>
        <Total>1613280</Total>
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      <PensionPlanContributions>
        <Total>0</Total>
      </PensionPlanContributions>
      <OtherEmployeeBenefits>
        <Total>0</Total>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>0</Total>
      </PayrollTaxes>
      <FeesForServicesManagement>
        <Total>0</Total>
      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>25438</Total>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>22850</Total>
      </FeesForServicesAccounting>
      <FeesForServicesLobbying>
        <Total>0</Total>
      </FeesForServicesLobbying>
      <FeesForServicesProfFundraising>
        <Total>0</Total>
      </FeesForServicesProfFundraising>
      <FeesForServicesInvstMgmntFees>
        <Total>0</Total>
      </FeesForServicesInvstMgmntFees>
      <FeesForServicesOther>
        <Total>0</Total>
      </FeesForServicesOther>
      <Advertising>
        <Total>0</Total>
      </Advertising>
      <OfficeExpenses>
        <Total>9730</Total>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>0</Total>
      </InformationTechnology>
      <Royalties>
        <Total>0</Total>
      </Royalties>
      <Occupancy>
        <Total>55068</Total>
      </Occupancy>
      <Travel>
        <Total>105555</Total>
      </Travel>
      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>366337</Total>
      </ConferencesMeetings>
      <Interest>
        <Total>6515</Total>
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      <PaymentsToAffiliates>
        <Total>0</Total>
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      <DepreciationDepletion>
        <Total>55957</Total>
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      <Insurance>
        <Total>26116</Total>
      </Insurance>
      <OtherExpenses>
        <Description>SEVERANCE &amp; ACCRUED VACATION</Description>
        <Total>365559</Total>
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      <OtherExpenses>
        <Description>PUBLICATION ADMINISTRATIVE</Description>
        <Total>258709</Total>
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      <OtherExpenses>
        <Description>Printing and Publications</Description>
        <Total>164737</Total>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MARKETING &amp; PROMOTION</Description>
        <Total>122384</Total>
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      <OtherExpenses>
        <Description>BOARD &amp; COMMITTEE</Description>
        <Total>95179</Total>
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      <AllOtherExpenses>
        <Total>632886</Total>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <CashNonInterestBearing>
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        <EOY>219821</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
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        <EOY>0</EOY>
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      <PledgesAndGrantsReceivable>
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      </PledgesAndGrantsReceivable>
      <AccountsReceivable>
        <BOY>245579</BOY>
        <EOY>424103</EOY>
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      <ReceivablesFromOfficersEtc>
        <EOY>0</EOY>
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      <ReceivablesFromDisqualPersons>
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      </ReceivablesFromDisqualPersons>
      <OtherNotesLoansReceivableNet>
        <BOY>30884</BOY>
        <EOY>9366</EOY>
      </OtherNotesLoansReceivableNet>
      <InventoriesForSaleOrUse>
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        <EOY>0</EOY>
      </InventoriesForSaleOrUse>
      <PrepaidExpensesDeferredCharges>
        <BOY>207039</BOY>
        <EOY>174214</EOY>
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      <LandBuildingsEquipmentBasis>1128371</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>565983</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>644998</BOY>
        <EOY>562388</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
        <BOY>874259</BOY>
        <EOY>978006</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsOtherSecurities>
        <EOY>0</EOY>
      </InvestmentsOtherSecurities>
      <InvestmentsProgramRelated>
        <EOY>0</EOY>
      </InvestmentsProgramRelated>
      <IntangibleAssets>
        <EOY>0</EOY>
      </IntangibleAssets>
      <OtherAssetsTotal>
        <EOY>0</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>2478664</BOY>
        <EOY>2367898</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>228520</BOY>
        <EOY>749648</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>744138</BOY>
        <EOY>647842</EOY>
      </DeferredRevenue>
      <MortNotesPyblSecuredInvestProp>
        <BOY>250000</BOY>
        <EOY>400000</EOY>
      </MortNotesPyblSecuredInvestProp>
      <TotalLiabilities>
        <BOY>1222658</BOY>
        <EOY>1797490</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>1256006</BOY>
        <EOY>570408</EOY>
      </UnrestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>1256006</BOY>
        <EOY>570408</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>2478664</BOY>
        <EOY>2367898</EOY>
      </TotalLiabNetAssetsFundBalances>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>false</FederalGrantAuditPerformed>
    </IRS990>
    <IRS990ScheduleD documentId="IRS990ScheduleD" softwareId="09000047" softwareVersion="2009v1.7">
      <Land>
        <OtherCostOrOtherBasis>160000</OtherCostOrOtherBasis>
        <BookValue>160000</BookValue>
      </Land>
      <Buildings>
        <OtherCostOrOtherBasis>968371</OtherCostOrOtherBasis>
        <Depreciation>565983</Depreciation>
        <BookValue>402388</BookValue>
      </Buildings>
      <TotalOfBookValueLandBuildings>562388</TotalOfBookValueLandBuildings>
      <TotalRevenue>3389590</TotalRevenue>
      <TotalExpenses>4169780</TotalExpenses>
      <ExcessOrDeficitForYear>-780190</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>94592</NetUnrealizedGLOnInvestments>
      <TotalAdjustments>94592</TotalAdjustments>
      <ExcessOrDeficitPerFS>-685598</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>3484182</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>94592</NetUnrealizedGainsInvestments>
      <RevenueNotRptdF990>94592</RevenueNotRptdF990>
      <RevenueSubtotal>3389590</RevenueSubtotal>
      <TotalRevenuePerForm990>3389590</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>4169780</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>4169780</ExpensesSubtotal>
      <TotalExpensesPerForm990>4169780</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleJ documentId="IRS990ScheduleJ" softwareId="09000047" softwareVersion="2009v1.7">
      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <Form990ScheduleJPartII>
        <NamePerson>PETER L COLAIANNI</NamePerson>
        <BaseCompensationFilingOrg>243480</BaseCompensationFilingOrg>
        <TotalCompensationFilingOrg>243480</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>MARJ L GREEN</NamePerson>
        <BaseCompensationFilingOrg>159492</BaseCompensationFilingOrg>
        <TotalCompensationFilingOrg>159492</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="09000047" softwareVersion="2009v1.7">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>GOVERNING DOCUMENTS, APPLICATION OF EXEMPTION, AND FORM 990 ARE MADE AVAILABLE UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 15b</Identifier>
        <ReturnReference>Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees</ReturnReference>
        <Explanation>THE BOARD AND COMPENSATION COMMITTEE REVIEW COMPARABLE COMPENSATION AND BENEFIT PACKAGE FOR THE EXECUTIVE VICE PRESENT AND KEY EMPLOYEES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>GOVERNING DOCUMENTS REQUIRE DISCLOSURE OF ANY CONFLICTS OF INTEREST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>A DRAFT FORM 990 IS REVIEWED PRIOR TO FILING WITH THE IRS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 3</Identifier>
        <ReturnReference>Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company</ReturnReference>
        <Explanation>THE ASSOCIATION RETAINED A MANAGEMENT COMPANY DURING THE FISCAL YEAR TO PROVIDE DAY-TO-DAY MANAGEMENT OF THE ASSOCIATION'S OPERATIONS AND FINANCIAL AFFAIRS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part III, Line 4d</Identifier>
        <ReturnReference>Form 990, Part III, Line 4d : Other Program Services Description</ReturnReference>
        <Explanation>OTHER PROGRAM SERVICES 4: THE ASSOCIATION ACCOMPLISHES ITS MISSION THROUGH VARIOUS PROGRAMS DESIGNED TO PROMOTE THE INTEREST OF BUSINESS FORMS AND ITS MEMBERS, INCLUDING PUBLICATIONS AND NEWSLETTERS, MEETING AND CONFERENCES, SCHOOLS AND EDUCATIONAL WORKSHOPS, AND THROUGH ON-LINE, WEB-BASED APPLICATIONS.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="IRS990ScheduleR" softwareId="09000047" softwareVersion="2009v1.7">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>PRINT EDUCATION &amp; RESEARCH FOUNDATION</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>401 N MICHIGAN AVE SUITE 2200</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60611</ZIPCode>
        </AddressUS>
        <EIN>521542298</EIN>
        <PrimaryActivities>EDUCATION &amp; RESEARCH</PrimaryActivities>
        <LegalDomicileState>DC</LegalDomicileState>
        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>509(A)(3)</PublicCharityStatus>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>true</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>true</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>true</SharingOfFacilities>
      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>PRINT EDUCATION &amp; RESEARCH FOUNDATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>d</TransactionType>
        <AmountInvolved>9365</AmountInvolved>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>PRINT EDUCATION &amp; RESEARCH FOUNDATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>c</TransactionType>
        <AmountInvolved>103050</AmountInvolved>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
  </ReturnData>
</Return>