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        <ManagementAndGeneralAmt>6071</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>13032</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>33157</ProgramServicesAmt>
        <ManagementAndGeneralAmt>5500</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>48916</ProgramServicesAmt>
        <ManagementAndGeneralAmt>14846</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>67567</ManagementAndGeneralAmt>
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        <Desc>MEMBER JOURNAL SUBSCRIP</Desc>
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        <ProgramServicesAmt>29365</ProgramServicesAmt>
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        <Desc>SPEAKERS</Desc>
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        <ProgramServicesAmt>18567</ProgramServicesAmt>
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        <EOYAmt>1811947</EOYAmt>
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      <ReconcilationRevenueExpnssAmt>122060</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>26480</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <InfoInScheduleOPartXIIInd>X</InfoInScheduleOPartXIIInd>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>1</FSAuditedInd>
      <FSAuditedBasisGrp>
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      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
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        <CurrentTaxYearMinus2YearsAmt>9684</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>2246</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>2000</CurrentTaxYearAmt>
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      <InvestmentIncomePYPct>0.04520</InvestmentIncomePYPct>
      <ThirtyThrPctSuprtTestsCY509Ind>X</ThirtyThrPctSuprtTestsCY509Ind>
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    <IRS990ScheduleD documentId="RetDoc1040000001">
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      <FootnoteTextInd>X</FootnoteTextInd>
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      <NetUnrealizedGainsInvstAmt>26480</NetUnrealizedGainsInvstAmt>
      <RevenueNotReportedAmt>26480</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>2154591</RevenueSubtotalAmt>
      <InvestmentExpensesNotIncldAmt>13032</InvestmentExpensesNotIncldAmt>
      <RevenueNotReportedFinclStmtAmt>13032</RevenueNotReportedFinclStmtAmt>
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      <ExpensesNotReportedAmt>0</ExpensesNotReportedAmt>
      <ExpensesSubtotalAmt>2032531</ExpensesSubtotalAmt>
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      <TotalExpensesPerForm990Amt>2045563</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>INACSL FOLLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND HAS DETERMINED THEY ARE NOT REQUIRED TO RECORD A LIABILITY FOR ANY SUCH POSITIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>INACSL HAS DELEGATED THE MANAGEMENT OF ITS DAILY OPERATIONS TO SMITHBUCKLIN CORPORATION (SMITHBUCKLIN) IN CHICAGO. SMITHBUCKLIN IS A MANAGEMENT COMPANY WHICH MANAGES ALL ASPECTS OF INACSL IN ACCORDANCE WITH INACSL'S BYLAWS AND POLICIES. OPERATIONS MAY INCLUDE, BUT ARE NOT LIMITED TO, ADMINISTRATION, MEMBERSHIP, FINANCE AND ACCOUNTING, CONFERENCE/MEETING/EVENT PLANNING, EDUCATION, MARKETING, AND INFORMATION TECHNOLOGY. SMITHBUCKLIN EMPLOYEES PROVIDE THESE SERVICES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>INACSL HAS MEMBERS, WITH ATTRIBUTES DETERMINED BY THE BOARD OF DIRECTORS. IT'S MEMBERSHIP CLASSES INCLUDE INDIVIDUAL, INSTITUTIONAL, STUDENT/RETIRED, ASSOCIATE, AND LIFETIME. ALL INDIVIDUAL MEMBERS (INDIVIDUAL, INSTITUTIONAL, STUDENT/RETIRED, AND LIFETIME) HAVE THE RIGHT TO VOTE, SERVE ON COMMITTESS, AND HOLD OFFICE AS SET FORTH IN INACSL'S BYLAWS. ASSOCIATE MEMBERS ARE NOT INDIVIDUAL MEMBERS AND DO NOT HAVE THESE RIGHTS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>INACSL'S BOARD OF DIRECTORS AND MEMBERS OF THE NOMINATIONS AND ELECTION COMMITTEE ARE ELECTED BY A VOTE OF ITS INDIVIDUAL MEMBERS VIA SECRET BALLOT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>PROPOSED AMENDMENTS TO INACSL'S BYLAWS REQUIRE A 2/3 VOTE OF INACSL'S INDIVIDUAL MEMBERS VOTING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>INACSL'S FORM 990 IS PREPARED BY INDPENDENT PUBLIC ACCOUNTANTS AND SUBMITTED TO INACSL'S MANAGEMENT COMPANY FOR INITIAL REVIEW. THE FORM IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR FURTHER REVIEW AND DISUCSSION PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL OFFICERS AND DIRECTORS SIGN A CONFIDENTIALITY AND NONDISCLOSURE AGREEMENT PRIOR TO SERVING AND ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST TO THE BOARD WHEN A CONFLICT ARISES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>INACSL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XII, LINE 2C:</FormAndLineReferenceDesc>
        <ExplanationTxt>INACSL'S BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>