MUSEUM OF CONTEMPORARY ART: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- MUSEUM OF CONTEMPORARY ART (EIN 36-6154098)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-03-05
- IRS object ID
- 202630649349300033
- Schema version
- 2024v5.5
- 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 J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-03-05T10:54:57-06:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 SOUTH WACKER DR SUITE 3300 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606063392 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366154098 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUSEUM OF CONTEMPORARY ART | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MUSE | BusinessNameControlTxt |
| Phone | 3123973808 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 EAST CHICAGO AVENUE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WES MORAN | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 3123973808 | PhoneNum |
| Signature | 2026-03-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | REBEKUH ELEY | PreparerPersonNm |
| PTIN | P01247672 | PTIN |
| Phone | 3126343400 | PhoneNum |
| Preparation | 2026-03-03 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WES MORAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 EAST CHICAGO AVENUE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $104,815,795 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MCACHICAGO.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1964 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | ENHANCE APPRECIATION OF CONTEMPORARY ART THROUGH EDUCATION, PROGRAMMING AND EXHIBITIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 65 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 64 | VotingMembersIndependentCnt |
| Total Employee | 203 | TotalEmployeeCnt |
| Total Volunteers | 80 | TotalVolunteersCnt |
| Total Gross UBI | $126,053 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $11,374,119 | PYContributionsGrantsAmt |
| CY Contributions Grants | $17,725,366 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,677,253 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,427,942 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,304,464 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,849,258 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,942,729 | PYOtherRevenueAmt |
| CY Other Revenue | $1,000,571 | CYOtherRevenueAmt |
| PY Total Revenue | $17,298,565 | PYTotalRevenueAmt |
| CY Total Revenue | $25,003,137 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,410,743 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,204,568 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $619,568 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,534,206 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $21,673,812 | PYOtherExpensesAmt |
| CY Other Expenses | $21,334,674 | CYOtherExpensesAmt |
| PY Total Expenses | $37,704,123 | PYTotalExpensesAmt |
| CY Total Expenses | $35,539,242 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$20,405,558 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$10,536,105 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $210,445,908 | TotalAssetsBOYAmt |
| Total Assets EOY | $213,337,833 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $39,774,996 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $39,277,076 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $170,670,912 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $174,060,757 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MCA IS AN INNOVATIVE AND COMPELLING CENTER OF CONTEMPORARY ART WHERE THE PUBLIC CAN DIRECTLY EXPERIENCE THE WORK AND IDEAS OF LIVING ARTISTS, AND UNDERSTAND THE HISTORICAL, SOCIAL AND CULTURAL CONTEXT OF THE ART OF OUR TIME. THE MUSEUM BOLDLY INTERWEAVES EXHIBITIONS, PERFORMANCES, COLLECTIONS, AND EDUCATIONAL PROGRAMS TO EXCITE, CHALLENGE, AND ILLUMINATE OUR VISITORS AND TO PROVIDE INSIGHT INTO THE CREATIVE PROCESS. THE MCA ASPIRES TO ENGAGE A BROAD AND DIVERSE AUDIENCE, CREATE A SENSE OF COMMUNITY AND BE A PLACE FOR CONTEMPLATION, STIMULATION, AND DISCUSSION ABOUT CONTEMPORARY ART AND CULTURE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $23,260,206 | ExpenseAmt |
| Revenue | $2,649,025 | RevenueAmt |
| Desc | EXHIBITIONS: MCA EXHIBITIONS SEEK TO INTRODUCE AUDIENCES TO THE MOST IMPORTANT ART AND ARTISTS OF OUR TIME. EXHIBITIONS ARE DESIGNED TO EXCITE, CHALLENGE, AND ILLUMINATE OUR VISITORS, EXPLORE CURRENT CRITICAL ISSUES, ENCOURAGE CRITICAL THINKING, AND TO PROVIDE THEM WITH INSIGHT INTO THE CREATIVE PROCESS. IN THE FY25 FISCAL YEAR THE MUSEUM WELCOMED 180,991 ACROSS ALL ITS OFFERINGS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,003,809 | ExpenseAmt |
| Revenue | $50,016 | RevenueAmt |
| Desc | PERFORMANCE: THE MCA PRESENTS CUTTING-EDGE DANCE, THEATER, MUSIC, AS WELL AS PERFORMANCES THAT CROSS AND COMBINE GENRES. ARTISTS ARE IN ALL STAGES OF THEIR CAREERS, AND LOCAL, NATIONAL, AND INTERNATIONAL. THESE INCLUDE POPULAR SERIES LIKE OUR TUESDAYS ON THE TERRACE, ON STAGE, AND CHICAGO PERFORMS. OVER 10,871 PEOPLE ATTENDED THESE EVENTS, A NUMBER OF WHICH WERE FREE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,396,869 | ExpenseAmt |
| Desc | EDUCATION AND PUBLIC PROGRAMS: THE MCA'S EDUCATION AND PUBLIC PROGRAMMING DEPARTMENT PRODUCE NUMEROUS PROGRAMS THAT BENEFIT COMMUNITY MEMBERS OF ALL AGES AND BACKGROUNDS. OUR PROGRAMS SEEK TO CREATE A CONTINUUM OF LIFELONG LEARNING, WITH AN EMPHASIS ON SCHOOL AGE CHILDREN THROUGH OUR FREE FAMILY DAY PROGRAMS, TEACHER PROGRAMS, SCHOOL TOURS, AND PARTNERSHIPS WITH SPECIFIC SCHOOLS. MOST OF THESE PROGRAMS ARE FREE. OVER 11,968 PEOPLE HAVE BEEN WELCOMED TO THESE PROGRAMS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $26,660,884 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 277 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 203 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 65 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 64 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WES MORAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3123973808 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 EAST CHICAGO AVENUE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (74 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| MADELEINE GRYNSZTEJN | |||||||
| PRITZKER DIRECTOR | 40.00 | Yes (X) | Yes (X) | $851,933 | $0 | $42,766 | |
| CARI B SACKS | |||||||
| BOARD CHAIR AND TRUSTEE | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ELLEN-BLAIR CHUBE | |||||||
| VICE CHAIR AND TRUSTEE | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| NICKOL R HACKETT | |||||||
| VICE CHAIR AND TRUSTEE | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LESLIE BLUHM | |||||||
| SECRETARY AND TRUSTEE | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MICHAEL CANMANN | |||||||
| TREASURER AND TRUSTEE | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SARA ALBRECHT | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL ALPER | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER J BARACK | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARLENE BRESLOW-BLITSTEIN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARC BROOKS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT BUFORD | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROL COHEN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| TARRAH COOPER WRIGHT | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NANCY CROWN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DIMITRIS DASKALOPOULOS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LAURA DAVIS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT H DEFARES | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LISA DUARTE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CHERYL S DURST | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LOIS EISEN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LARRY FIELDS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NICHOLAS GIAMPIETRO | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| RACHEL GRUND | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JACK GUTHMAN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN B HARRIS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KING HARRIS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JANAINA HEES | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CYNTHIA HUNT | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ANNE L KAPLAN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| GUY LAKONISHOK | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LIZ LEFKOFSKY | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JONATHAN LEVIN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| RON LEVIN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES H LITINSKY | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARQUIS D MILLER | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SUNDEEP MULLANGI | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CARRIE REYES MURPHY | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTIN NESBITT | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL O'GRADY | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROL PRINS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NATHANIEL ROBINSON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| EVE ROGERS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSHUA ROGERS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ILAN SHALIT | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM SILVERSTEIN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SARA SZOLD | |||||||
| TRUSTEE (UNTIL 02/25) | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBIN LOEWENBERG TEBBE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NIGEL F TELMAN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DIA S WEIL | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| I JOYCE YAUNG | |||||||
| TRUSTEE (UNTIL 06/25) | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL YIH | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HELEN ZELL | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NICK CAVE | |||||||
| ARTIST TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN D CARTLAND | |||||||
| LIFE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARSHALL FRONT | |||||||
| LIFE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HELYN D GOLDENBERG | |||||||
| LIFE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES A GORDON | |||||||
| LIFE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY ITTELSON | |||||||
| LIFE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DON KAUL | |||||||
| LIFE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SALLY MEYERS KOVLER | |||||||
| LIFE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| GAEL NEESON | |||||||
| LIFE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PENNY PRITZKER | |||||||
| LIFE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DORIE STERNBERG | |||||||
| LIFE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DARYL GERBER STOKOLS | |||||||
| LIFE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARJORIE SUSMAN | |||||||
| LIFE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ALLEN M TURNER | |||||||
| LIFE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| GWENDOLYN PERRY DAVIS | |||||||
| DEPUTY DIRECTOR & COO | 40.00 | Yes (X) | $435,500 | $0 | $34,064 | ||
| WES MORAN | |||||||
| CFO | 40.00 | Yes (X) | $237,919 | $0 | $33,577 | ||
| MOLLIE ALEXANDER | |||||||
| CHIEF DEVELOPMENT OFF. (UNTIL 07/24) | 40.00 | $233,435 | $0 | $21,904 | Yes (X) | ||
| RENE MORALES | |||||||
| CHIEF CURATOR (UNTIL 04/24) | 40.00 | $233,484 | $0 | $10,101 | Yes (X) | ||
| JOSHUA MANN | |||||||
| CHIEF PEOPLE OFFICER | 40.00 | $203,694 | $0 | $31,690 | Yes (X) | ||
| GINA CROWLEY | |||||||
| SR. DIRECTOR OF AUDIENCE EXPERIENCE | 40.00 | $180,935 | $0 | $16,914 | Yes (X) | ||
| CLAIRE RUUD | |||||||
| DIR. OF CUR. AFFAIRS (UNTIL 01/25) | 40.00 | $183,591 | $0 | $4,194 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,560,491 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $195,210 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 43 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SECURITAS SECURITY USA INC | |||||
| 12672 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 60693 | SECURITY SERVICES | $2,021,416 |
| CHICAGO MANAGEMENT PERSONNEL SERVICES I | |||||
| 430 N MICHIGAN AVENUE SUITE 200 | CHICAGO | IL | 60611 | JANITORIAL/HOUSEKEEPING SERVICES | $1,847,022 |
| US ART COMPANY INC | |||||
| 78 PACELLA PARK DRIVE | RANDOLPH | MA | 02368 | ART STORAGE/TRANSPORT | $1,026,657 |
| JAMERSON & BAUWENS ELECTRIC INC | |||||
| 3160 MACARTHUR BLVD | NORTHBROOK | IL | 60062 | ELECTRICAL SERVICES | $781,083 |
| TITAN SECURITY SERVICES LLC | |||||
| 600 W JACKSON SUITE 300 | CHICAGO | IL | 60661 | SECURITY SERVICES | $588,820 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 28 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $524,612 | MembershipDuesAmt |
| Fundraising | $8,923,449 | FundraisingAmt |
| Government Grants | $2,009,941 | GovernmentGrantsAmt |
| All Other Contributions | $6,267,364 | AllOtherContributionsAmt |
| Noncash Contributions | $7,092,000 | NoncashContributionsAmt |
| Total Contributions | $17,725,366 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ADMISSIONS | 712110 | $1,367,544 | $1,367,544 |
| PERFORMANCE | 712110 | $50,016 | $50,016 |
| EXHIBITIONS | 712110 | $10,382 | $10,382 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,427,942 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,049,054 | TotalRevenueColumnAmt |
| Exclusion | $2,049,054 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $644,931 | RealAmt |
| Personal | $116,832 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $445,708 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $199,223 | RealAmt |
| Personal | $116,832 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $316,055 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $116,832 | UnrelatedBusinessRevenueAmt |
| Exclusion | $199,223 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $71,320,199 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $68,197,949 | SecuritiesAmt |
| Other | $322,046 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,122,250 | SecuritiesAmt |
| Other | -$322,046 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,800,204 | TotalRevenueColumnAmt |
| Exclusion | $2,800,204 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $7,392,848 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $8,923,449 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $9,260,217 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,867,369 | TotalRevenueColumnAmt |
| Exclusion | -$1,867,369 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $2,901,041 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $1,586,738 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,314,303 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,271,099 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $43,204 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| REAL ESTATE LIMITED PARTNERSHIP I | 900099 | $837,666 | $837,666 |
| PARKING GARAGE | 712110 | $233,447 | $233,447 |
| FOOD SERVICE | 712110 | $200,054 | $200,054 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$33,585 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$33,983 | UnrelatedBusinessRevenueAmt |
| Exclusion | $398 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,237,582 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,003,137 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,699,041 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $126,053 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,452,677 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,626,723 | TotalAmt |
| Program Services | $1,186,846 | ProgramServicesAmt |
| Management And General | $227,677 | ManagementAndGeneralAmt |
| Fundraising | $212,200 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,350,603 | TotalAmt |
| Program Services | $7,479,703 | ProgramServicesAmt |
| Management And General | $1,485,956 | ManagementAndGeneralAmt |
| Fundraising | $1,384,944 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $377,778 | TotalAmt |
| Program Services | $275,624 | ProgramServicesAmt |
| Management And General | $52,874 | ManagementAndGeneralAmt |
| Fundraising | $49,280 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,028,032 | TotalAmt |
| Program Services | $750,045 | ProgramServicesAmt |
| Management And General | $143,884 | ManagementAndGeneralAmt |
| Fundraising | $134,103 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $821,432 | TotalAmt |
| Program Services | $599,311 | ProgramServicesAmt |
| Management And General | $114,968 | ManagementAndGeneralAmt |
| Fundraising | $107,153 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,159 | TotalAmt |
| Management And General | $136,159 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,976 | TotalAmt |
| Management And General | $111,976 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $582,044 | TotalAmt |
| Management And General | $582,044 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,517,886 | TotalAmt |
| Program Services | $5,895,281 | ProgramServicesAmt |
| Management And General | $1,177,544 | ManagementAndGeneralAmt |
| Fundraising | $445,061 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $487,615 | TotalAmt |
| Program Services | $365,043 | ProgramServicesAmt |
| Management And General | $43,286 | ManagementAndGeneralAmt |
| Fundraising | $79,286 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,223,173 | TotalAmt |
| Program Services | $903,878 | ProgramServicesAmt |
| Management And General | $156,492 | ManagementAndGeneralAmt |
| Fundraising | $162,803 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,226,992 | TotalAmt |
| Program Services | $915,562 | ProgramServicesAmt |
| Management And General | $152,637 | ManagementAndGeneralAmt |
| Fundraising | $158,793 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,069 | TotalAmt |
| Program Services | $14,975 | ProgramServicesAmt |
| Management And General | $2,497 | ManagementAndGeneralAmt |
| Fundraising | $2,597 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,505,209 | TotalAmt |
| Program Services | $1,122,594 | ProgramServicesAmt |
| Management And General | $187,526 | ManagementAndGeneralAmt |
| Fundraising | $195,089 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $564,979 | TotalAmt |
| Program Services | $419,979 | ProgramServicesAmt |
| Management And General | $71,067 | ManagementAndGeneralAmt |
| Fundraising | $73,933 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $439,439 | TotalAmt |
| Program Services | $327,902 | ProgramServicesAmt |
| Management And General | $54,666 | ManagementAndGeneralAmt |
| Fundraising | $56,871 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,137,915 | TotalAmt |
| Program Services | $873,398 | ProgramServicesAmt |
| Management And General | $149,346 | ManagementAndGeneralAmt |
| Fundraising | $115,171 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,666,231 | TotalAmt |
| Program Services | $2,237,755 | ProgramServicesAmt |
| Management And General | $241,917 | ManagementAndGeneralAmt |
| Fundraising | $186,559 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $392,354 | TotalAmt |
| Program Services | $254,383 | ProgramServicesAmt |
| Management And General | $52,891 | ManagementAndGeneralAmt |
| Fundraising | $85,080 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| ART ACQUISITIONS | $2,028,966 | $2,028,966 | ||
| COLLECTION SHIPPING & C | $948,169 | $746,224 | $146,554 | $55,391 |
| STORAGE AND CONSERVATIO | $284,214 | $223,681 | $43,930 | $16,603 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,284 | TotalAmt |
| Program Services | $39,734 | ProgramServicesAmt |
| Management And General | $8,261 | ManagementAndGeneralAmt |
| Fundraising | $13,289 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,539,242 | TotalAmt |
| Program Services | $26,660,884 | ProgramServicesAmt |
| Management And General | $5,344,152 | ManagementAndGeneralAmt |
| Fundraising | $3,534,206 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,933,568 | BOYAmt |
| EOY | $10,786,192 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,812,707 | BOYAmt |
| EOY | $11,603,678 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,380,410 | BOYAmt |
| EOY | $2,802,120 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,716,197 | BOYAmt |
| EOY | $168,382 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $925,439 | BOYAmt |
| EOY | $789,967 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $855,857 | BOYAmt |
| EOY | $833,499 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $85,095,320 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $48,440,694 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,506,140 | BOYAmt |
| EOY | $36,654,626 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,480,856 | BOYAmt |
| EOY | $36,454,360 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,765,246 | BOYAmt |
| EOY | $109,525,819 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,069,488 | BOYAmt |
| EOY | $3,719,190 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $210,445,908 | BOYAmt |
| EOY | $213,337,833 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,978,775 | BOYAmt |
| EOY | $5,368,583 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $309,336 | BOYAmt |
| EOY | $270,610 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,960,043 | BOYAmt |
| EOY | $29,980,021 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,526,842 | BOYAmt |
| EOY | $3,657,862 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,774,996 | BOYAmt |
| EOY | $39,277,076 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,761,320 | BOYAmt |
| EOY | $129,346,428 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,909,592 | BOYAmt |
| EOY | $44,714,329 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,670,912 | BOYAmt |
| EOY | $174,060,757 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $210,445,908 | BOYAmt |
| EOY | $213,337,833 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$10,536,105 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $14,453,254 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$527,304 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,553,934 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $26,753,562 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,839,132 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,433,812 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,024,777 | CurrentTaxYearAmt |
| Total | $79,605,217 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,282,723 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,155,160 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,146,656 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,940,307 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,700,589 | CurrentTaxYearAmt |
| Total | $9,225,435 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,836,657 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $28,908,722 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,985,788 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,374,119 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,725,366 | CurrentTaxYearAmt |
| Total | $88,830,652 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,052,346 | SubstantialContributorsTotAmt |
| Public Support Total170 | $85,778,306 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $591,340 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,332,384 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,594,408 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,558,253 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,693,985 | CurrentTaxYearAmt |
| Total | $8,770,370 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $214,055 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $522,301 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $589,556 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,420,836 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,271,565 | CurrentTaxYearAmt |
| Total | $4,018,313 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $101,619,335 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $7,078,422 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.84410 | PublicSupportCY170Pct |
| Public Support PY170 | 0.86300 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $24,019,395 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $3,122,521 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,811,794 | OtherExpendituresAmt |
| End Year Balance | $25,330,122 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,199,983 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $2,708,398 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $888,986 | OtherExpendituresAmt |
| End Year Balance | $24,019,395 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,056,006 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,983,476 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $839,499 | OtherExpendituresAmt |
| End Year Balance | $22,199,983 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,814,510 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$3,753,430 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,005,074 | OtherExpendituresAmt |
| End Year Balance | $21,056,006 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,736,032 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $5,874,518 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $796,040 | OtherExpendituresAmt |
| End Year Balance | $25,814,510 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.69295 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.30705 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,523,258 | OtherCostOrOtherBasisAmt |
| Book Value | $3,523,258 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $71,546,296 | OtherCostOrOtherBasisAmt |
| Depreciation | $40,144,313 | DepreciationAmt |
| Book Value | $31,401,983 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,553,232 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,296,381 | DepreciationAmt |
| Book Value | $256,851 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,472,534 | OtherCostOrOtherBasisAmt |
| Book Value | $1,472,534 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $36,654,626 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ALTERNATIVE INVESTMENTS | $48,997,132 | F |
| INTERNATIONAL & LARGE CAP EQUITIES | $41,773,936 | F |
| MID CAP EQUITIES | $17,430,089 | F |
| MULTIFAMILY PORTFOLIO LTD PARTNERSHIP | $1,324,662 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $109,525,819 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| RENTAL DEPOSITS | $57,281 |
| LEASE LIABILITIES - OPERATING | $3,600,581 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,657,862 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $38,303,861 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $14,453,254 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$2,564,296 | OtherRevenueAmt |
| Revenue Not Reported | $11,888,958 | RevenueNotReportedAmt |
| Revenue Subtotal | $26,414,903 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $582,044 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$1,993,810 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$1,411,766 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $25,003,137 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $34,914,016 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,993,810 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,993,810 | ExpensesNotReportedAmt |
| Expenses Subtotal | $32,920,206 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $582,044 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $2,036,992 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,619,036 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $35,539,242 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | IN CONFORMITY WITH THE PRACTICE COMMONLY FOLLOWED BY MOST AMERICAN ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTION IS NOT INCLUDED IN THE FINANCIAL STATEMENTS. CONTRIBUTIONS FOR THE PURCHASE OF ART OBJECTS, THE PROCEEDS FROM DEACCESSIONS OF ART AND THE COST OF ART OBJECTS PURCHASED ARE REPORTED AS OTHER CHANGES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. THE MUSEUM'S POLICY IS TO MAINTAIN AND CONTINUE TO ACQUIRE SIGNIFICANT WORKS OF CONTEMPORARY ART (PRINCIPALLY 1945 TO PRESENT). FROM TIME TO TIME, OBJECTS MAY BE SOLD IN ACCORDANCE WITH THE MUSEUM'S COLLECTION MANAGEMENT POLICY. DEACCESSIONS MAY RESULT IF ONE OF THE FOLLOWING CONDITIONS IS MET: (A) PHYSICAL CONDITION HAS DETERIORATED TO A POINT BEYOND DISPLAY OR STUDY; OR (B) AN OBJECT IS BELIEVED TO NO LONGER BE PERTINENT TO THE SCOPE OF THE MUSEUM'S COLLECTION. ALL PROCEEDS REALIZED FROM DEACCESSIONS ARE ALLOCATED TO PURCHASE OTHER WORKS OF ART. THERE WERE NO AMOUNTS REALIZED FOR DEACCESSION OF ART FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. |
| PART III, LINE 4: | THE COLLECTION IS COMPRISED OF OVER 7,000 OBJECTS IN ALL MEDIA CREATED DURING THE TWENTIETH AND TWENTY-FIRST CENTURIES. THROUGH EXHIBITIONS, PRESERVATION AND RESEARCH, THE COLLECTION SUPPORTS THE MUSEUM'S MISSION TO BE INNOVATIVE AND A COMPELLING CENTER OF CONTEMPORARY ART WHERE THE PUBLIC CAN DIRECTLY EXPERIENCE THE WORK AND IDEAS OF LIVING ARTISTS, AND UNDERSTAND THE HISTORICAL, SOCIAL AND CULTURAL CONTEXT OF THE ART OF OUR TIME. |
| PART V, LINE 4: | THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE MUSEUM'S OPERATIONS, SUBJECT TO A SPENDING POLICY. UP TO 5% OF THE AVERAGE MARKET VALUE OF ASSETS OVER A 12 QUARTER PERIOD ENDING WITH THE PRIOR 12/31 IS MADE AVAILABLE FOR ANNUAL DRAWS. |
| PART X, LINE 2: | THE MUSEUM IS A CHARITABLE AND EDUCATIONAL ORGANIZATION AND IS EXEMPT FROM FEDERAL AND STATE TAXES UNDER THE PROVISIONS OF SECTION 501(A) AS AN ENTITY DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ILLINOIS DEPARTMENT OF REVENUE HAS ALSO DECLARED BOTH THE MUSEUM AND ITS WAREHOUSE EXEMPT FROM REAL ESTATE PROPERTY TAXES. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED GUIDANCE REQUIRING TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED SHOULD THE POSITION BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT BELIEVES THAT THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. THERE ARE NO TAX POSITIONS FOR WHICH A MATERIAL CHANGE IN ANY UNRECOGNIZED TAX BENEFIT OR LIABILITY IS REASONABLY POSSIBLE IN THE NEXT 12 MONTHS. THE MUSEUM FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF ILLINOIS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SWAPS -527,304. ART ACQUISITIONS -2,028,966. EQUIPMENT RENTAL EXPENSES -8,026. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | COST OF GOODS SOLD -1,548,102. RENTAL EXPENSE -445,708. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 1,548,102. RENTAL EXPENSE 445,708. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ART ACQUISITIONS 2,028,966. EQUIPMENT RENTAL EXPENSES 8,026. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (21 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | PROGRAM SERVICES | ARTIST FEES | $22,000 |
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | PROGRAM SERVICES | IMPORT DUTIES/TAXES | $5,615 |
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | PROGRAM SERVICES | VIDEOGRAPHY FEES | $9,770 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | ARTIST FEES | $28,656 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | CURATOR FEES | $4,500 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | CYBER SECURITY | $100,162 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | INSURANCE PREMIUM | $901 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | LICENSE FEES | $3,428 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | PHOTOGRAPHY FEES | $520 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | PROMOTIONAL USE FEES | $450 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | SUBSCRIPTIONS | $8,259 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | TRAVEL FEES | $11,427 |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | LOAN FEE | $335 |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | REIMBURSEMENT | $47 |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | SHIPPING | $2,986 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $10,783,670 | |
| EAST ASIA AND THE PACIFIC | 0 | 0 | INVESTMENTS | $3,920,957 | |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | $1,661,413 | |
| NORTH AMERICA | 0 | 0 | INVESTMENTS | $319,058 | |
| SOUTH AMERICA | 0 | 0 | INVESTMENTS | $65,639 | |
| SOUTH ASIA | 0 | 0 | INVESTMENTS | $119,228 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $175,032 | SubtotalSpentAmt |
| Continuation Spent | $16,893,989 | ContinuationSpentAmt |
| Total Spent | $17,069,021 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ART AUCTION | Event1Nm |
| Gross Receipts Event1 | $15,445,725 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $8,188,425 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $7,257,300 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $7,092,000 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $577,838 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $173,956 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $1,123,636 | OtherDirectExpensesEvent1Amt |
| Event2 | LUNCHEON | Event2Nm |
| Gross Receipts Event2 | $624,597 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $551,629 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $72,968 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $77,010 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $46,515 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $73,464 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $245,975 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $183,395 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $62,580 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $78,049 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $17,749 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $16,316,297 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $8,923,449 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $7,392,848 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $7,092,000 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $654,848 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $298,520 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $1,214,849 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $9,260,217 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$1,867,369 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MADELEINE GRYNSZTEJN | ||||||||||||||
| PRITZKER DIRECTOR | $851,933 | $0 | $0 | $0 | $0 | $0 | $17,500 | $0 | $25,266 | $0 | $894,699 | $0 | $0 | $0 |
| GWENDOLYN PERRY DAVIS | ||||||||||||||
| DEPUTY DIRECTOR & COO | $435,500 | $0 | $0 | $0 | $0 | $0 | $17,500 | $0 | $16,564 | $0 | $469,564 | $0 | $0 | $0 |
| WES MORAN | ||||||||||||||
| CFO | $237,919 | $0 | $0 | $0 | $0 | $0 | $12,603 | $0 | $20,974 | $0 | $271,496 | $0 | $0 | $0 |
| MOLLIE ALEXANDER | ||||||||||||||
| CHIEF DEVELOPMENT OFF. (UNTIL 07/24) | $233,435 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21,904 | $0 | $255,339 | $0 | $0 | $0 |
| RENE MORALES | ||||||||||||||
| CHIEF CURATOR (UNTIL 04/24) | $96,984 | $0 | $0 | $0 | $136,500 | $0 | $0 | $0 | $10,101 | $0 | $243,585 | $0 | $0 | $0 |
| JOSHUA MANN | ||||||||||||||
| CHIEF PEOPLE OFFICER | $203,694 | $0 | $0 | $0 | $0 | $0 | $10,606 | $0 | $21,084 | $0 | $235,384 | $0 | $0 | $0 |
| GINA CROWLEY | ||||||||||||||
| SR. DIRECTOR OF AUDIENCE EXPERIENCE | $180,935 | $0 | $0 | $0 | $0 | $0 | $9,554 | $0 | $7,360 | $0 | $197,849 | $0 | $0 | $0 |
| CLAIRE RUUD | ||||||||||||||
| DIR. OF CUR. AFFAIRS (UNTIL 01/25) | $183,591 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4,194 | $0 | $187,785 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE COMPENSATION COMMITTEE ANNUALLY REVIEWS PERFORMANCE, PEER DATA, SURVEYS, ETC. WHEN SETTING THE ANNUAL SALARY FOR THE PRITZKER DIRECTOR. AN EXTERNAL CONSULTANT CONFIRMED THAT THE PRITZKER DIRECTOR'S COMPENSATION FALLS BETWEEN THE 50TH PERCENTILE AND THE 75TH PERCENTILE FOR COMPARABLE ORGANIZATIONS. THE COMMITTEE DOCUMENTS ITS FINDINGS IN WRITING. |
| PART I, LINES 4A-B | LINE 4A: THE FOLLOWING INDIVIDUALS RECEIVED A SEVERANCE PAYMENT DURING THE CALENDAR YEAR 2024: RENE MORALES, CHIEF CURATOR, IN THE AMOUNT OF $136,500. LINE 4B: EXECUTIVE EMPLOYEES PARTICIPATE IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN EFFECTIVE NOVEMBER 1, 2017. THE PURPOSE OF THE PLAN IS TO PERMIT SELECTED EMPLOYEES OF THE MUSEUM TO RECEIVE SUPPLEMENTAL RETIREMENT INCOME THAT CANNOT BE PAID UNDER ITS QUALIFIED PLANS DUE TO THE REDUCTIONS AND LIMITATIONS IMPOSED BY SECTIONS 401(A)(17), 401(K)(3), 401(M) AND 415 OF THE INTERNAL REVENUE CODE OF 1986. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ILLINOIS FINANCE AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 861091967 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2016-10-27 | BondIssuedDt |
| Issue Price | $30,000,000 | IssuePriceAmt |
| Purpose | REFINANCE ILLINOIS DEVELOPMENT AUTHORITY REVENUE BONDS SERIES 1994 | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $30,000,000 | TotalProceedsAmt |
| Other Spent Proceeds | $30,000,000 | OtherSpentProceedsAmt |
| Substantial Completion | 2016 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Concerning UBI | 0.04990 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.04990 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | Yes (1) | Form8038TFiledInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 102 | ContributionCnt |
| Noncash Contributions Rpt F990 | $7,092,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 3 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE NUMBER IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. |
| PART I, LINE 32B: | ARTWORK DONATIONS WERE RECEIVED FOR THE MUSEUM'S FUNDRAISING AUCTION. THE DONATED ARTWORK IS RECORDED AT FAIR VALUE BASED ON APPRAISALS PROVIDED BY THE DONATING GALLERY. A FINE ART BROKER IS UTILIZED FOR THE DONATED ARTWORK SOLD AT AUCTION. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THE FOLLOWING TRUSTEES HAVE A FAMILY RELATIONSHIP (1) DON KAUL AND LESLIE BLUHM (2) JOHN B. HARRIS AND KING HARRIS. THE FOLLOWING TRUSTEES HAVE A BUSINESS RELATIONSHIP (1) MICHAEL CANMANN AND NANCY CROWN. |
| FORM 990, PART VI, SECTION B, LINE 11B | REVIEW OF THE IRS FORM 990 WAS DELEGATED TO THE AUDIT COMMITTEE. AFTER REVIEW, A DRAFT COPY OF FORM 990 WAS EMAILED TO ALL BOARD MEMBERS. AFTER A 30 DAY REVIEW PERIOD, THE FORM 990 IS THEN FILED ELECTRONICALLY WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE MUSEUM MAINTAINS A CONFLICT OF INTEREST POLICY WHICH APPLIES TO ALL TRUSTEES, MEMBERS OF STANDING COMMITTEES, AS WELL AS SENIOR MANAGEMENT AND OTHER DESIGNATED MEMBERS OF STAFF. THE POLICY REQUIRES THAT EACH PERSON TO WHOM THE POLICY APPLIES COMPLETE THE ANNUAL DISCLOSURE STATEMENT TO IDENTIFY ANY BUSINESS, FINANCIAL OR PERSONAL INTEREST IN MATTERS RELATING TO THE MUSEUM. THE POLICY FORBIDS SUCH INDIVIDUALS FROM VOTING ON OR USING THEIR PERSONAL INFLUENCE IN CONNECTION WITH SUCH MATTERS. IN THE EVENT THE MUSEUM DOES CONDUCT BUSINESS WITH SUCH RELATED PARTY, THE FINANCIAL TERMS OF THOSE RELATIONSHIPS ARE REPORTED ANNUALLY TO THE AUDIT COMMITTEE, WHOSE MEMBERS MUST BE INDEPENDENT PER THE TERMS OF THE CHARTER. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE ANNUALLY REVIEWS PERFORMANCE, GOAL ACHIEVEMENT, PEER DATA, SURVEYS, ETC., WHEN SETTING THE ANNUAL SALARY FOR THE PRITZKER DIRECTOR/CHIEF EXECUTIVE OFFICER. DURING THE YEAR, THE COMMITTEE ENGAGED AN EXTERNAL CONSULTANT TO DOCUMENT THAT THE PRITZKER DIRECTOR'S COMPENSATION FALLS BETWEEN THE 50TH PERCENTILE AND THE 75TH PERCENTILE FOR COMPARABLE ORGANIZATIONS. THE COMMITTEE DOCUMENTS ITS FINDINGS IN WRITING, AND EMPLOYEES ARE NOT PRESENT WHEN THEIR COMPENSATION IS SET. |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON REQUEST, THE MUSEUM WILL PROVIDE A PUBLIC DISCLOSURE COPY OF THE 990. |
| FORM 990, PART IX, LINE 11G | CONTRACT LABOR: PROGRAM SERVICE EXPENSES 1,467,658. MANAGEMENT AND GENERAL EXPENSES 288,239. FUNDRAISING EXPENSES 108,942. TOTAL EXPENSES 1,864,839. CONTRACT LABOR - SECURITY: PROGRAM SERVICE EXPENSES 2,049,968. MANAGEMENT AND GENERAL EXPENSES 402,602. FUNDRAISING EXPENSES 152,166. TOTAL EXPENSES 2,604,736. ARTIST FEES: PROGRAM SERVICE EXPENSES 199,897. MANAGEMENT AND GENERAL EXPENSES 39,258. FUNDRAISING EXPENSES 14,838. TOTAL EXPENSES 253,993. JANITORIAL SERVICES: PROGRAM SERVICE EXPENSES 709,758. MANAGEMENT AND GENERAL EXPENSES 139,392. FUNDRAISING EXPENSES 52,684. TOTAL EXPENSES 901,834. ALL OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,468,000. MANAGEMENT AND GENERAL EXPENSES 308,053. FUNDRAISING EXPENSES 116,431. TOTAL EXPENSES 1,892,484. |
| FORM 990, PART XI, LINE 9: | CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -527,304. |
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