ILLINOIS INSTITUTE OF TECHNOLOGY: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: ILLINOIS INSTITUTE OF TECHNOLOGY (EIN 36-2170136)
Tax period: 2021-06-01 to 2022-05-31
Filed: 2023-04-18
IRS object ID: 202301089349301775
Schema version: 2021v4.2
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 C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-04-18T21:00:21+00:00	ReturnTs
Tax Period End	2022-05-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	350921680	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CROWE LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	225 West Wacker Drive Suite 2600	AddressLine1Txt
City	Chicago	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	606061224	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-06-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	362170136	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Illinois Institute of Technology	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ILLI	BusinessNameControlTxt
Phone	3125675850	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3424 SOUTH STATE STREET TC-4 FL	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Kenneth Johnston	PersonNm
Person Title	Deputy Controller	PersonTitleTxt
Phone	3125675850	PhoneNum
Signature	2023-04-18	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Kenneth	PersonFirstNm
Person Last	Johnston	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	NICOLE BENCIK	PreparerPersonNm
PTIN	P00756195	PTIN
Phone	3128997000	PhoneNum

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Raj Echambadi	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	SUITE 1900 10 W 35TH STREET	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$676,387,368	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.IIT.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1940	FormationYr
Legal Domicile State	IL	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC, TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION.	ActivityOrMissionDesc
Voting Members Governing Body	71	VotingMembersGoverningBodyCnt
Voting Members Independent	70	VotingMembersIndependentCnt
Total Employee	3297	TotalEmployeeCnt
Total Volunteers	107	TotalVolunteersCnt
Total Gross UBI	$20,932	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$76,594,323	PYContributionsGrantsAmt
CY Contributions Grants	$72,024,658	CYContributionsGrantsAmt
PY Program Service Revenue	$278,867,403	PYProgramServiceRevenueAmt
CY Program Service Revenue	$285,604,458	CYProgramServiceRevenueAmt
PY Investment Income	$40,280,660	PYInvestmentIncomeAmt
CY Investment Income	$13,997,139	CYInvestmentIncomeAmt
PY Other Revenue	$822,799	PYOtherRevenueAmt
CY Other Revenue	$1,152,269	CYOtherRevenueAmt
PY Total Revenue	$396,565,185	PYTotalRevenueAmt
CY Total Revenue	$372,778,524	CYTotalRevenueAmt
PY Grants And Similar Paid	$135,498,995	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$136,066,011	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$142,778,358	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$153,956,595	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$217,062	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$153,691	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$9,590,859	CYTotalFundraisingExpenseAmt
PY Other Expenses	$100,149,343	PYOtherExpensesAmt
CY Other Expenses	$112,090,240	CYOtherExpensesAmt
PY Total Expenses	$378,643,758	PYTotalExpensesAmt
CY Total Expenses	$402,266,537	CYTotalExpensesAmt
PY Revenues Less Expenses	$17,921,427	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$29,488,013	CYRevenuesLessExpensesAmt
Total Assets BOY	$730,458,628	TotalAssetsBOYAmt
Total Assets EOY	$746,055,692	TotalAssetsEOYAmt
Total Liabilities BOY	$263,425,341	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$278,008,730	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$467,033,287	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$468,046,962	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC, TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$244,768,619	ExpenseAmt
Grant	$136,066,011	GrantAmt
Revenue	$204,951,711	RevenueAmt
Desc	INSTRUCTION SUPPORT:- Illinois Institute of Technology's (IIT) seven colleges allow students to discover new frontiers in engineering, computing, architecture, business, law, design, and science and human sciences. The school's nationally ranked undergraduate and graduate programs offer exceptional teaching that combines hands-on learning with training in entrepreneurship, design thinking, and technology. The University's emphasis on collaboration and interdisciplinary study and research will prepare students to work across traditional boundaries and to experience a professional future where success knows no limits. Since 1995, the University's signature Interprofessional Projects Program (IPRO) joins together students from various academic disciplines to work as a team to tackle real-world problems, often on behalf of companies and nonprofits that sponsor the projects, using design-centered methodology and innovative thinking. A required academic program, IPRO teaches leadership, creativity, teamwork, design thinking, and project management to prepare students to succeed in a professional work environment. IPRO student teams have explored a range of ambitious topics. These include developing a platform for safe drug disposal, designing a functional retail building that produces as much energy as it uses over the course of a year: net-zero energy, harvesting condensate from HVAC systems to create drinking water for humans, and hundreds more. Every idea needs fuel to be successful. IIT's Idea Shop helps to ignite ideas with cutting-edge tools to enable students to transform their designs, products, and inventions into reality. In this state-of-the-art, rapid-prototyping lab, full-time staff and a diverse group of student workers advise users on equipment use, mechanical and electrical design, embedded systems programming, and much more. As a campus wide resource, students can use the Idea Shop for a class, research project, or their own personal endeavor. Under the College of Architecture is the university's award-winning Design/Build studios that allow students to design and construct full-scale buildings, fulfilling the notion of a "hands-on" education. The projects are entirely designed and built by architecture students at the Illinois Institute of Technology's College of Architecture. These projects are located all over the world. From Chicago, to Germany, to Ghana, to Indonesia, to Chile, and Puerto Rico, students have traveled near and far to perform their designs. Instruction supports over 40 academic majors, more than 70 minors, and a variety of specializations and is made up of over 6,900 students, including 3,129 undergraduate, 2,990 graduate, 838 law students, and 4 students in continuing education programs. The University offered and awarded 627 bachelor, 922 master, 231 J.D., 86 Ph.D., and 2 J.S.D. degrees during the 2022 academic year.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$46,723,998	ExpenseAmt
Revenue	$42,157,706	RevenueAmt
Desc	RESEARCH:- Research is the hallmark of our culture of excellence. Our faculty, students, and staff are leading bold research and discovery in fields where technology and innovation are creating significant, meaningful change. Our researchers are conducting research that matters in our everyday lives. We are contributing to advances in computation and data, health and wellness, and urban futures. Throughout our colleges and research centers, and in topics as varied as energy, theoretical physics, and social justice, our research reflects our commitment to scientific, technological, and professional knowledge creation and innovation. Research awards received in fiscal year 2022 were $37.2 million. The University received awards in the areas of science, engineering, technology, mathematics, and food safety all of which are synergistic with the strategic plan. Notably, the Electrical and Computer Engineering Department received 30 awards totaling $3.2 million and the Computer Science Department also received 23 awards for $2.5 million. The Biomedical Engineering Department received 27 awards for $3.2 million, Mechanical Material and Aerospace Engineering 47 awards totaling $3 million, Physics Department 32 awards totaling $3.2 million and the Department of Psychology 20 awards for $1.8 million. In addition, the National Center for Food Safety and Technology received 17 awards totaling $4.5 million and the Galvin Center was granted 1 award for $5 million.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$17,126,851	ExpenseAmt
Revenue	$14,502,985	RevenueAmt
Desc	AUXILIARY SERVICES:- This provides for campus housing and dining for the students and includes residence halls and a dining room, apartment-style buildings, eight fraternity houses, and two sorority houses.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmt	RevenueRevenueAmt	DescDesc
$16,591,326	$18,099,781	STUDENT SERVICES:- This program provides health, academic, career services, transitional assistance, student orientation and other student services including the student finance center, admissions, and registration.
$13,025,268	$5,868,484	ACADEMIC SUPPORT:- IIT provides students with the information skills to compete in today's challenging and rapidly changing environment through its several libraries and academic computing centers allowing students access to terminals. In addition, the Academic Resource Center office offers several programs that provide peer tutoring, exam reviews, advising and counseling.

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$29,616,594	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$23,968,265	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$338,236,062	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	Yes (true)	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (true)	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (true)	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (true)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (true)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	6434	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	3297	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	Yes (true)	ForeignFinancialAccountInd
Foreign Country	IN	ForeignCountryCd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	Yes (true)	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	71	GoverningBodyVotingMembersCnt
Independent Voting Member	70	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Kenneth Johnston	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3125675850	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3424 SOUTH STATE STREET TC-4TH FL	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (102 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Alan Cramb
President to 07/31/21	38.8	1.0	Yes (X)	Yes (X)	$1,506,952	$0	$52,329
Ellen M Jordan
Vice Chair	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Michael P Galvin
Chairman of the Board	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Raj Echambadi
President from 8/1/21	38.8	1.0	Yes (X)	Yes (X)	$339,836	$0	$8,743
Thomas E Lanctot
Vice Chair	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
A Steven Crown
Partial Year Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Alan W Wendorf
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Amanda Lannert
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Andrea L Berry
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Anita M Nagler
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Brian C Walker
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Bruce C Liimatainen
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Bryan R Dunn
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Carl S Spetzler
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Carole Browe Segal
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Carson Block
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Carter H Eckert
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Craig J Duchossois
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Daniel R Ephraim
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
David J Vitale
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
David L Crowell
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Douglas M Monieson
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Edward L Kaplan
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Efthimios J Stojka
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Eric C Larson
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Eric G Vassilatos
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Frank Clark III
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Harold Singleton III
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
James Dugan
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
James E Cowie
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
James Gagnard
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
James Hill Jr
Partial Year Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Jamshyd N Godrej
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Jenny Niemann
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Jimmy A Akintonde
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Joel D Krauss
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John C Walden
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John G Olin
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John Krehbiel Jr
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John P Calamos Sr
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John W Rowe
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Judson B Althoff
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Kaarina Koskenalusta
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Karen R Klein
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Kathleen Brandenburg
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Kevin W Willer
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Marc R Hannah
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Mark P Sexton
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Martin C Jischke
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Martin Cooper
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Mayari Pritzker
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Michael J Graff
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Michael Palumbo
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Norbert O Kaiser
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Pallavi Verma
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Patrick J Kelly
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Peter M Kelly III
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Priscilla Anne Walter
Partial Year Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Ralph Wanger
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Richard Neil Levy
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Robert A Cornog
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Robert D Hoel
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Robert J Potter
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Robert J Washlow
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Rohit Prasad
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Rosemarie Mitchell
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
S Christopher Gladwin
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Sherrie B Littlejohn
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Stacey M Kacek
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Stephen C Urrutia
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Stephen p Keogh
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Ted Koenig
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Victor A Morgenstern
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Victor Tsao
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Victoria L Noonan
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Anthony D'Amato
Vice Pres, Genr'l Cnsl & Sec	38.8	1.0		Yes (X)	$261,411	$0	$31,590
Darsh Wasan
Distinguished Professor,ChBE	38.8	0.0		Yes (X)	$313,126	$0	$40,717
Edwin Watts
VP of Administration	38.8	0.0		Yes (X)	$296,866	$0	$23,423
Ernest Iseminger
Vice President	38.8	0.0		Yes (X)	$395,833	$0	$42,253
Jess Goode
Vice President, Extn'l Affairs	38.8	0.0		Yes (X)	$234,795	$0	$18,534
Michael Gosz
VP, Enrlmt/Vice Prov/AssocProf	38.8	0.0		Yes (X)	$362,190	$0	$41,179
Michael Horan
VP Finance, CFO, Treasurer	38.8	1.0		Yes (X)	$330,585	$0	$26,151
Ophir Trigalo
Vice Provost, CIO	38.8	0.0		Yes (X)	$294,383	$0	$41,488
Peter Kilpatrick
Provost, SVP Academic Affairs	38.8	1.0		Yes (X)	$555,789	$0	$42,253
Walter Hazlitt
Interim Genr'l Cnsl & Sec	38.8	1.0		Yes (X)	$155,582	$0	$39,609
Anita Krug
Dean and Professor of Law	38.8	0.0			$350,705	$0	$42,253	Yes (X)
John Bilson
Dean	38.8	0.0			$320,230	$0	$43,320	Yes (X)
Kenneth Christensen
Kaplan Dean of Engineering	38.8	0.0			$365,825	$0	$40,736	Yes (X)
Lance Fortnow
Professor and Dean COS	38.8	0.0			$373,414	$0	$42,098	Yes (X)
Reed Kroloff
Dean-Architecture, Rowe Chair	38.8	0.0			$317,469	$0	$39,784	Yes (X)
Chun Liu
Professor/Chair	38.8	0.0			$311,054	$0	$39,260		Yes (X)
Hamid Arastoopour
Director, WISER/Professor	38.8	0.0			$355,558	$0	$43,731		Yes (X)
Jafar Saniie
Dept. Chair & Filmer Professor	38.8	0.0			$337,237	$0	$35,061		Yes (X)
Mohammad Shahidehpour
Distinguished Bodine Professor	38.8	0.0			$408,427	$0	$52,101		Yes (X)
Xian-He Sun
Distinguished Professor	38.8	0.0			$315,507	$0	$44,197		Yes (X)
Harold Krent
Professor of Law & Former Key Employee	38.8	0.0			$297,248	$0	$41,011			Yes (X)
Michelangelo Sabatino
Professor & Former Key Employee	38.8	0.0			$314,798	$0	$36,481			Yes (X)
Miles Wernick
Motorola Professor/Dir. Md Img & Former Highly Compensated Employee	38.8	0.0			$276,595	$0	$43,198			Yes (X)
Natacha DePaola
Prof of BioMedEng/ Dir IDMET & Former Key Employee	38.8	0.0			$324,165	$0	$52,054			Yes (X)
Robert Brackett
Vice President/Professor & Former Key Employee	38.8	0.0			$251,944	$0	$35,401			Yes (X)
Siva Balasubramanian
Harold L. Stuart Endowed Chair & Former Highly Compensated Employee	38.8	0.0			$317,278	$0	$23,538			Yes (X)
Sumanta Acharya
Professor/Department Chair & Former Highly Compensated Employee	38.8	0.0			$310,004	$0	$22,671			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$10,594,806	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,085,164	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	383	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Gilbane Building Company
225 W Wacker Drive	Chicago	IL	60606	Construction	$12,389,731
Chartwells Dining
PO Box 91337	Chicago	IL	606931337	Food Service Provider	$4,476,902
GCA Services Group
1350 Euclid Ave	Cleveland	OH	44115	Janitorial services	$3,709,336
Ventas Inc
353 N Clark Street	Chicago	IL	60654	Real estate rental service	$2,261,620
SOS Security LLC
311 S Wacker Dr	Chicago	IL	60606	Security service	$2,156,503

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	95	CntrctRcvdGreaterThan100KCnt
Government Grants	$47,718,163	GovernmentGrantsAmt
All Other Contributions	$24,306,495	AllOtherContributionsAmt
Noncash Contributions	$2,255,265	NoncashContributionsAmt
Total Contributions	$72,024,658	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
Tuition and Fees	611310	$252,267,524	$252,267,524
Sales/Services of Auxilliary Enterprises	722320	$14,526,776	$14,502,985	$23,791
Student Services	611710	$15,020,334	$15,020,334
Equity interest on IITRI	541700	$3,789,824	$3,789,824

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$285,604,458	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,292,287	TotalRevenueColumnAmt
Unrelated Business Revenue	-$2,859	UnrelatedBusinessRevenueAmt
Exclusion	$3,295,146	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$1,318,965	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$166,696	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,152,269	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,152,269	TotalRevenueColumnAmt
Exclusion	$1,152,269	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$298,147,000	SecuritiesAmt
Other	$16,000,000	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$295,670,486	SecuritiesAmt
Other	$7,771,662	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$2,476,514	SecuritiesAmt
Other	$8,228,338	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,704,852	TotalRevenueColumnAmt
Exclusion	$10,704,852	ExclusionAmt

Field	Value	IRS element (for citing)
Contri Rpt Fundraising Event	$0	ContriRptFundraisingEventAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$372,778,524	TotalRevenueColumnAmt
Related Or Exempt Func Income	$285,580,667	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$20,932	UnrelatedBusinessRevenueAmt
Exclusion	$15,152,267	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$136,066,011	TotalAmt
Program Services	$136,066,011	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$8,507,990	TotalAmt
Program Services	$2,556,966	ProgramServicesAmt
Management And General	$3,226,602	ManagementAndGeneralAmt
Fundraising	$2,724,422	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$1,985,187	TotalAmt
Program Services	$794,075	ProgramServicesAmt
Management And General	$595,556	ManagementAndGeneralAmt
Fundraising	$595,556	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$114,988,174	TotalAmt
Program Services	$96,696,412	ProgramServicesAmt
Management And General	$14,852,619	ManagementAndGeneralAmt
Fundraising	$3,439,143	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$8,524,690	TotalAmt
Program Services	$6,953,298	ProgramServicesAmt
Management And General	$1,297,897	ManagementAndGeneralAmt
Fundraising	$273,495	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$11,830,633	TotalAmt
Program Services	$5,188,051	ProgramServicesAmt
Management And General	$6,223,486	ManagementAndGeneralAmt
Fundraising	$419,096	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$8,119,921	TotalAmt
Program Services	$6,623,142	ProgramServicesAmt
Management And General	$1,236,270	ManagementAndGeneralAmt
Fundraising	$260,509	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$427,445	TotalAmt
Program Services	$76,950	ProgramServicesAmt
Management And General	$350,495	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$124,570	TotalAmt
Management And General	$124,570	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$100,000	TotalAmt
Management And General	$100,000	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$153,691	TotalAmt
Fundraising	$153,691	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$940,065	TotalAmt
Management And General	$940,065	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$34,913,734	TotalAmt
Program Services	$27,025,701	ProgramServicesAmt
Management And General	$6,366,103	ManagementAndGeneralAmt
Fundraising	$1,521,930	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,401,420	TotalAmt
Program Services	$1,392,380	ProgramServicesAmt
Management And General	$9,040	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,707,590	TotalAmt
Program Services	$2,386,081	ProgramServicesAmt
Management And General	$310,448	ManagementAndGeneralAmt
Fundraising	$11,061	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$4,227,800	TotalAmt
Program Services	$1,678,863	ProgramServicesAmt
Management And General	$2,542,546	ManagementAndGeneralAmt
Fundraising	$6,391	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$40,881,473	TotalAmt
Program Services	$33,217,321	ProgramServicesAmt
Management And General	$7,664,152	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,061,503	TotalAmt
Program Services	$783,412	ProgramServicesAmt
Management And General	$96,971	ManagementAndGeneralAmt
Fundraising	$181,120	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$20,542	TotalAmt
Program Services	$14,302	ProgramServicesAmt
Management And General	$1,795	ManagementAndGeneralAmt
Fundraising	$4,445	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$5,786,325	TotalAmt
Program Services	$3,953,325	ProgramServicesAmt
Management And General	$1,833,000	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$18,772,054	TotalAmt
Program Services	$12,829,772	ProgramServicesAmt
Management And General	$5,942,282	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$725,719	TotalAmt
Management And General	$725,719	ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$402,266,537	TotalAmt
Program Services	$338,236,062	ProgramServicesAmt
Management And General	$54,439,616	ManagementAndGeneralAmt
Fundraising	$9,590,859	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$3,303,015	BOYAmt
EOY	$2,413,488	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$19,380,167	BOYAmt
EOY	$19,451,916	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$8,582,507	BOYAmt
EOY	$8,670,305	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$4,479,985	BOYAmt
EOY	$4,523,834	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$660,290,219	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$327,245,440	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$329,644,940	BOYAmt
EOY	$333,044,779	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$298,668,140	BOYAmt
EOY	$283,912,501	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$7,104,453	BOYAmt
EOY	$11,149,262	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$27,974,468	BOYAmt
EOY	$30,820,757	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$31,320,953	BOYAmt
EOY	$52,068,850	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$730,458,628	BOYAmt
EOY	$746,055,692	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$36,194,807	BOYAmt
EOY	$39,188,895	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$12,507,565	BOYAmt
EOY	$9,306,093	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$157,253,000	BOYAmt
EOY	$152,612,000	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$33,075,000	BOYAmt
EOY	$38,550,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$24,394,969	BOYAmt
EOY	$38,351,742	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$263,425,341	BOYAmt
EOY	$278,008,730	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	$175,713,701	BOYAmt
EOY	$187,516,279	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$291,319,586	BOYAmt
EOY	$280,530,683	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$467,033,287	BOYAmt
EOY	$468,046,962	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$730,458,628	BOYAmt
EOY	$746,055,692	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$29,488,013	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$13,615,443	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$44,117,131	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$63,052,564	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$84,788,322	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$111,293,482	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$76,594,323	CurrentTaxYearMinus1YearAmt
Current Tax Year	$72,024,658	CurrentTaxYearAmt
Total	$407,753,349	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$63,052,564	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$84,788,322	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$111,293,482	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$76,594,323	CurrentTaxYearMinus1YearAmt
Current Tax Year	$72,024,658	CurrentTaxYearAmt
Total	$407,753,349	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$33,869,378	SubstantialContributorsTotAmt
Public Support Total170	$373,883,971	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$7,715,863	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$7,199,304	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,549,097	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,324,068	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,611,252	CurrentTaxYearAmt
Total	$29,399,584	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$45,025	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$56,440	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$32,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$133,465	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$437,286,398	TotalSupportAmt
Gross Receipts Rltd Activities	$1,402,881,956	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.8550	PublicSupportCY170Pct
Public Support PY170	0.8458	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule A, Part II, Line 10 Other Income	FormAndLineReferenceDesc
Explanation	DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 45025.0, COLUMN B - 56440.0, COLUMN C - 32000.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 133465.0;	ExplanationTxt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	false	VolunteersInd
Paid Staff Or Management	Yes (true)	PaidStaffOrManagementInd
Media Advertisements	false	MediaAdvertisementsInd
Mailings Members	false	MailingsMembersInd
Publications Or Broadcast	false	PublicationsOrBroadcastInd
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (true)	DirectContactLegislatorsInd
Direct Contact Legislators	$100,000	DirectContactLegislatorsAmt
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	false	OtherActivitiesInd
Total Lobbying Expenditures	$100,000	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY	FormAndLineReferenceDesc
Explanation	THOMSON COBURN WAS RETAINED TO HELP WITH FEDERAL LOBBY REGISTRATION AND DISCLOSURE REQUIREMENTS. IIT WAS REPRESENTED BY NOBLE VENTURES FOR DEVELOPMENT OF LEGISLATIVE STRATEGY AND AS LIAISON WITH THE OFFICE OF THE GOVERNOR AND OTHER STATE AND CITY AGENCIES AS DIRECTED BY IIT. IN ADDITION, IIT'S VICE PRESIDENT AND ASSOCIATE VICE PRESIDENT FOR EXTERNAL AFFAIRS INTERACT WITH FEDERAL, STATE, AND LOCAL OFFICIALS REGARDING SUCH MATTERS.	ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$304,324,501	BeginningYearBalanceAmt
Contributions	$9,252,000	ContributionsAmt
Investment Earnings Or Losses	-$7,375,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,702,851	GrantsOrScholarshipsAmt
Other Expenditures	$5,521,149	OtherExpendituresAmt
End Year Balance	$293,977,501	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$255,962,501	BeginningYearBalanceAmt
Contributions	$7,573,000	ContributionsAmt
Investment Earnings Or Losses	$62,334,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,550,000	GrantsOrScholarshipsAmt
Other Expenditures	$14,995,000	OtherExpendituresAmt
End Year Balance	$304,324,501	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$242,994,501	BeginningYearBalanceAmt
Contributions	$18,590,000	ContributionsAmt
Investment Earnings Or Losses	$6,574,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,212,900	GrantsOrScholarshipsAmt
Other Expenditures	$5,983,100	OtherExpendituresAmt
End Year Balance	$255,962,501	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$251,798,501	BeginningYearBalanceAmt
Contributions	$1,349,000	ContributionsAmt
Investment Earnings Or Losses	$2,074,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,065,360	GrantsOrScholarshipsAmt
Other Expenditures	$6,161,640	OtherExpendituresAmt
End Year Balance	$242,994,501	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$243,746,501	BeginningYearBalanceAmt
Contributions	$5,825,000	ContributionsAmt
Investment Earnings Or Losses	$14,727,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,671,397	GrantsOrScholarshipsAmt
Other Expenditures	$6,828,603	OtherExpendituresAmt
End Year Balance	$251,798,501	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.23	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.77	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.0	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$19,432,762	OtherCostOrOtherBasisAmt
Book Value	$19,432,762	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$506,186,169	OtherCostOrOtherBasisAmt
Depreciation	$255,127,277	DepreciationAmt
Book Value	$251,058,892	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,658,841	OtherCostOrOtherBasisAmt
Depreciation	$4,658,841	DepreciationAmt
Book Value	$0	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$98,557,720	OtherCostOrOtherBasisAmt
Depreciation	$64,360,279	DepreciationAmt
Book Value	$34,197,441	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$31,454,727	OtherCostOrOtherBasisAmt
Depreciation	$3,099,043	DepreciationAmt
Book Value	$28,355,684	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$333,044,779	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
Beneficial interest on perpetual trust	$24,055,820
Other receivables	$27,536,030
Affiliated organizations	$477,000

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$52,068,850	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (9 entries)

DescDesc	AmtAmt
Advances from U.S. Government for student loans	$3,063,806
Obligation under split interest	$381,072
Deposits by students & others	$2,500,262
Postretirement benefit obligation	$833,028
Asset retirement obligation	$768,767
Lease liability	$2,762,087
Bond Premium Payable	$11,708,176
Cost of Issuance	-$1,660,091
Deferred revenue from Cogen agreement	$17,994,635

Field	Value	IRS element (for citing)
Total Liability	$38,351,742	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule D, Part V, Line 4 Intended uses of endowment funds

The purpose of the endowment funds is to facilitate donors' desires to make substantial long-term gifts to the University and to develop a new and significant source of revenue for the University. In doing so, the endowment fund will provide a secure, long-term source of funds to: (a) fund special programs; (b) ensure long-term growth; (c) enhance the University's ability to meet changing community needs; and (d) support the administrative expenses of the University as deemed appropriate.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The University has received a determination letter from the Internal Revenue Service (IRS) stating that they are exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code except for tax on unrelated business income. It is management's belief that none of its activities have produced material unrelated business income, and that the University has operated in a manner that qualifies it for tax-exempt status. U.S. generally accepted accounting principles require University management to evaluate tax positions taken by the University and recognize a tax liability (or asset) if the University has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed tax positions taken by the University and has concluded that as of May 31, 2022 and 2021, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. The University is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The University management believes it is no longer subject to income tax examinations for years prior to 2019.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (true)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY	POLICY PUBLISHED YEARLY IN VARIOUS STUDENT BULLETINS. IT ALSO APPEARS ON APPLICATIONS, AND OTHER FORMS, AND IT IS POSTED ON THE UNIVERSITY'S WEBSITE.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT	Department of Education:- Federal Supplemental Education Opportunity Grants Federal Direct Loans Federal Work Study Program Federal Pell Grant Program Federal Higher Education Emergency Relief Funds Illinois Student Assistance Commission:- Illinois Monetary Award Program Grants Grant Program for Descendants of Police, Fire, or Correctional Officers

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)	0	2	Program Services	STUDENT RECRUITING.	$1,131,769
South Asia	3	3	Program Services	FACILITATE DELIVERY OF ON-LINE EDUCATIONAL PROGRAMS AND STUDENT RECRUITING.	$270,000
East Asia and the Pacific	0	3	Program Services	STUDENT RECRUITING AND ON-LINE MAS DEGREE PROGRAM.	$113,500
South America	0	1	Program Services	STUDENT RECRUITING.	$57,975
Central America and the Caribbean			Investments		$69,413,231

Field	Value	IRS element (for citing)
Subtotal Offices	3	SubtotalOfficesCnt
Subtotal Employees	9	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	3	TotalOfficeCnt
Total Employee	9	TotalEmployeeCnt
Subtotal Spent	$70,986,475	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$70,986,475	TotalSpentAmt
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (true)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (true)	PassiveForeignInvestmestCoInd
Foreign Partnership	false	ForeignPartnershipInd
Boycott Countries	Yes (true)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements	FormAndLineReferenceDesc
Explanation	CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual	ExplanationTxt

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising Acty	Yes (true)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
Ruffalo Noel Levitz LLC
1025 Kirkwood Pkwy SW	Cedar Rapids	IA	52404	PHONE SOLICITING	false	$54,191	-$54,191
WASHBURN & MCGOLDRICK LLC
24 N Bryn Mawr Avenue Suite 252	Bryn Mawr	PA	19010	CONSULT ON RAISING FUNDS	false	$24,500	-$24,500
ORR Group
3000 K Steet E280	Washington	DC	20007	Review fundraising procedures; provide recommendations.	false	$75,000	-$75,000

Field	Value	IRS element (for citing)
Total Gross Receipts	$0	TotalGrossReceiptsAmt
Total Retained By Contractors	$153,691	TotalRetainedByContractorsAmt
Total Net To Organization	-$153,691	TotalNetToOrganizationAmt
Licensed States	CT	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	MD	LicensedStatesCd
Licensed States	OR	LicensedStatesCd
Licensed States	SC	LicensedStatesCd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule G, Part I, Line 2b(v) Amounts paid to fundraiser	Washburn & McGoldrick LLC was engaged to increase private philanthropic support for IIT's operating budget, endowment and facilities. All of these resources are intended to enhance the educational purposes of the institution. Washburn & McGoldrick LLC do not at any time have custody or control of contributions. IIT exercises control and approval over the content and volume of any solicitation as Washburn & McGoldrick LLC never conducts solicitations on IIT's behalf. Payments for services are based on a monthly retainer and a per diem rate. Expenses are billed separately as expended and at cost, for travel, overnight accommodations, meals, and out-of-pocket expenses. Ruffalo Noel Levitz LLC conducted telephone fundraising campaigns for IIT and provided services to secure pledges and donations to support the educational mission of IIT. Their services related to the concept, design and strategies of the campaign and telephone solicitations to individuals identified on lists supplied by IIT. All funds raised were controlled by IIT. Ruffalo Noel Levitz LLC was paid fees for services provided in conducting the telephone fundraising campaigns. ORR Group was engaged to review the University's current fundraising procedures and to make recommendations for areas of improvement. ORR Group did not at any time solicit, control, or have custody of any fund donations. Payments for services are based on a monthly retainer and a per diem rate. Expenses are billed separately as expended and at cost, for travel, overnight accommodations, meals, and out-of-pocket expenses.
Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement.	RUFFALO NOEL LEVITZ, LLC-RUFFALO NOEL LEVITZ LLC CONDUCTED TELEPHONE FUNDRAISING CAMPAIGNS FOR IIT AND PROVIDED SERVICES TO SECURE PLEDGES AND DONATIONS TO SUPPORT THE EDUCATIONAL MISSION OF IIT. THEIR SERVICES RELATED TO THE CONCEPT, DESIGN AND STRATEGIES OF THE CAMPAIGN AND TELEPHONE SOLICITATIONS TO INDIVIDUALS IDENTIFIED ON LISTS SUPPLIED BY IIT. ALL FUNDS RAISED WERE CONTROLLED BY IIT. RUFFALO NOEL LEVITZ LLC WAS PAID FEES FOR SERVICES PROVIDED IN CONDUCTING THE TELEPHONE FUNDRAISING CAMPAIGNS.;WASHBURN & MCGOLDRICK LLC-WASHBURN & MCGOLDRICK LLC WAS ENGAGED TO INCREASE PRIVATE PHILANTHROPIC SUPPORT FOR IIT'S OPERATING BUDGET, ENDOWMENT AND FACILITIES. ALL OF THESE RESOURCES ARE INTENDED TO ENHANCE THE EDUCATIONAL PURPOSES OF THE INSTITUTION. WASHBURN & MCGOLDRICK LLC DO NOT AT ANY TIME HAVE CUSTODY OR CONTROL OF CONTRIBUTIONS. IIT EXERCISES CONTROL AND APPROVAL OVER THE CONTENT AND VOLUME OF ANY SOLICITATION AS WASHBURN & MCGOLDRICK LLC NEVER CONDUCTS SOLICITATIONS ON IIT'S BEHALF. PAYMENTS FOR SERVICES ARE BASED ON A MONTHLY RETAINER AND A PER DIEM RATE. EXPENSES ARE BILLED SEPARATELY AS EXPENDED AND AT COST, FOR TRAVEL, OVERNIGHT ACCOMMODATIONS, MEALS, AND OUT-OF-POCKET EXPENSES.;ORR GROUP-ORR GROUP WAS ENGAGED TO REVIEW THE UNIVERSITY'S CURRENT FUNDRAISING PROCEDURES AND TO MAKE RECOMMENDATIONS FOR AREAS OF IMPROVEMENT. ORR GROUP DID NOT AT ANY TIME SOLICIT, CONTROL, OR HAVE CUSTODY OF ANY FUND DONATIONS. PAYMENTS FOR SERVICES ARE BASED ON A MONTHLY RETAINER AND A PER DIEM RATE. EXPENSES ARE BILLED SEPARATELY AS EXPENDED AND AT COST, FOR TRAVEL, OVERNIGHT ACCOMMODATIONS, MEALS, AND OUT-OF-POCKET EXPENSES.;
Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses	RUFFALO NOEL LEVITZ, LLC-PAYMENT OF FEES.;WASHBURN & MCGOLDRICK LLC-PAYMENT OF FEES.;ORR GROUP-PAYMENT OF FEES.;

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS	GrantTypeTxt
Recipient	7949	RecipientCnt
Cash Grant	$136,066,011	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.	FormAndLineReferenceDesc
Explanation	THE USE OF GRANT FUNDS IS MONITORED THROUGH A GRANT MANAGEMENT SYSTEM.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (true)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (29 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
Alan Cramb
President to 07/31/21	$634,748	$0	$846,105	$0	$26,099	$0	$26,100	$0	$26,229	$0	$1,559,281	$0	$0	$0
Raj Echambadi
President from 8/1/21	$339,318	$0	$0	$0	$518	$0	$0	$0	$8,743	$0	$348,579	$0	$0	$0
Peter Kilpatrick
Provost, SVP Academic Affairs	$453,431	$0	$76,000	$0	$26,358	$0	$26,100	$0	$16,153	$0	$598,042	$0	$0	$0
Ernest Iseminger
Vice President	$320,161	$0	$53,850	$0	$21,822	$0	$26,100	$0	$16,153	$0	$438,086	$0	$0	$0
Michael Gosz
VP, Enrlmt/Vice Prov/AssocProf	$298,868	$0	$61,000	$0	$2,322	$0	$24,630	$0	$16,549	$0	$403,369	$0	$0	$0
Michael Horan
VP Finance, CFO, Treasurer	$277,209	$0	$51,000	$0	$2,376	$0	$21,426	$0	$4,725	$0	$356,736	$0	$0	$0
Darsh Wasan
Distinguished Professor,ChBE	$282,616	$0	$27,420	$0	$3,090	$0	$23,241	$0	$17,476	$0	$353,843	$0	$0	$0
Ophir Trigalo
Vice Provost, CIO	$289,819	$0	$1,000	$0	$3,564	$0	$23,857	$0	$17,631	$0	$335,871	$0	$0	$0
Edwin Watts
VP of Administration	$292,302	$0	$1,000	$0	$3,564	$0	$23,423	$0	$0	$0	$320,289	$0	$0	$0
Anthony D'Amato
Vice Pres, Genr'l Cnsl & Sec	$259,272	$0	$1,000	$0	$1,139	$0	$20,930	$0	$10,660	$0	$293,001	$0	$0	$0
Jess Goode
Vice President, Extn'l Affairs	$232,985	$0	$1,000	$0	$810	$0	$18,534	$0	$0	$0	$253,329	$0	$0	$0
Walter Hazlitt
Interim Genr'l Cnsl & Sec	$153,762	$0	$1,000	$0	$820	$0	$13,380	$0	$26,229	$0	$195,191	$0	$0	$0
Lance Fortnow
Professor and Dean COS	$370,092	$0	$1,000	$0	$2,322	$0	$26,100	$0	$15,998	$0	$415,512	$0	$0	$0
Kenneth Christensen
Kaplan Dean of Engineering	$353,515	$0	$1,000	$0	$11,310	$0	$26,100	$0	$14,636	$0	$406,561	$0	$0	$0
Anita Krug
Dean and Professor of Law	$348,463	$0	$1,000	$0	$1,242	$0	$26,100	$0	$16,153	$0	$392,958	$0	$0	$0
John Bilson
Dean	$313,272	$0	$1,000	$0	$5,958	$0	$25,844	$0	$17,476	$0	$363,550	$0	$0	$0
Reed Kroloff
Dean-Architecture, Rowe Chair	$293,405	$0	$1,000	$0	$23,064	$0	$31,684	$0	$8,100	$0	$357,253	$0	$0	$0
Mohammad Shahidehpour
Distinguished Bodine Professor	$385,356	$0	$16,376	$0	$6,695	$0	$26,100	$0	$26,001	$0	$460,528	$0	$0	$0
Hamid Arastoopour
Director, WISER/Professor	$299,050	$0	$30,902	$0	$25,606	$0	$26,100	$0	$17,631	$0	$399,289	$0	$0	$0
Jafar Saniie
Dept. Chair & Filmer Professor	$288,737	$0	$25,398	$0	$23,102	$0	$17,585	$0	$17,476	$0	$372,298	$0	$0	$0
Xian-He Sun
Distinguished Professor	$310,499	$0	$1,000	$0	$4,008	$0	$19,304	$0	$24,893	$0	$359,704	$0	$0	$0
Chun Liu
Professor/Chair	$288,232	$0	$1,000	$0	$21,822	$0	$23,262	$0	$15,998	$0	$350,314	$0	$0	$0
Natacha DePaola
Prof of BioMedEng/ Dir IDMET & Former Key Employee	$300,101	$0	$1,000	$0	$23,064	$0	$26,053	$0	$26,001	$0	$376,219	$0	$0	$0
Michelangelo Sabatino
Professor & Former Key Employee	$237,677	$0	$76,000	$0	$1,121	$0	$19,932	$0	$16,549	$0	$351,279	$0	$0	$0
Siva Balasubramanian
Harold L. Stuart Endowed Chair & Former Highly Compensated Employee	$275,688	$0	$17,000	$0	$24,590	$0	$23,538	$0	$0	$0	$340,816	$0	$0	$0
Sumanta Acharya
Professor/Department Chair & Former Highly Compensated Employee	$285,940	$0	$1,000	$0	$23,064	$0	$22,444	$0	$227	$0	$332,675	$0	$0	$0
Harold Krent
Professor of Law & Former Key Employee	$272,566	$0	$0	$0	$24,682	$0	$24,067	$0	$16,944	$0	$338,259	$0	$0	$0
Miles Wernick
Motorola Professor/Dir. Md Img & Former Highly Compensated Employee	$273,438	$0	$1,000	$0	$2,157	$0	$18,788	$0	$24,410	$0	$319,793	$0	$0	$0
Robert Brackett
Vice President/Professor & Former Key Employee	$247,002	$0	$1,000	$0	$3,942	$0	$19,381	$0	$16,020	$0	$287,345	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule J, Part I, Line 1a Health or social club dues or initiation fees

The University provided membership dues for Raj Echambadi President, and Ken Christensen Provost, to one business and one civic organization. These memberships are working condition fringe benefits that satisfied a business purpose under the accountable plan rule.

Schedule J, Part I, Line 4a Severance or change-of-control payment

On 7/31/21, Alan Cramb terminated his position as president of IIT. On 9/30/21, a special lump sum deferred compensation payment was made to Mr. Cramb for $625,000. The terms were that he had completed at least five years of service and that termination did not result from "cause" defined as criminal conviction, gross negligence, or any act of omission that would result in his suspension or removal as president.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
ILLINOIS FINANCE AUTHORITY
A	861091967	000000000	2019-01-31	$22,278,000	REFUND A PRIOR TAX-EXEMPT ISSUE DATED 7/22/2009 AND FOR FACILITY RENOVATION AND EQUIPMENT.	false	false	false
ILLINOIS FINANCE AUTHORITY
B	861091967	000000000	2018-06-28	$17,972,000	REIMBURSEMENT FOR THE ACQUISITION OF STUDENT RESIDENT FACILITIES.	false	false	false
ILLINOIS FINANCE AUTHORITY
C	861091967	45204E7F9	2019-12-20	$138,525,900	REFUND A PRIOR TAX-EXEMPT ISSUE DATED 3/23/2006 AND TO REIMBURSE ISSUANCE AND REFUNDINGS COSTS.	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$2,666,763	$0	$22,278,000	$0	$0	$0	$300,999	$0	$0	$321,404	$21,655,597	$0	2019	Yes (true)	false	Yes (true)	Yes (true)
B	$2,151,237	$0	$17,972,000	$0	$0	$0	$92,573	$0	$0	$17,879,427	$0	$0	2018	false	false	Yes (true)	Yes (true)
C	$5,735,000	$0	$138,525,900	$0	$0	$0	$1,519,760	$0	$0	$0	$137,006,140	$0	2020	Yes (true)	false	Yes (true)	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	false	false	Yes (true)
B	false	false	false	false	false	false	Yes (true)
C	false	false	false	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	false	false	false	Yes (true)	Yes (true)	false	false	false	Yes (true)
B	false	false	false	Yes (true)	Yes (true)	false	false	false	Yes (true)
C	false	false	false	Yes (true)	false	false	false	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)
C	Yes (true)

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule K, Part II, Line 3 All listed bonds on Schedule K.	If the total proceeds of the issue exceeds the issue price of the respective bond, the difference is due to investment earnings. Earnings are included in the total proceeds of each issue.
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/25/2019
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/25/2019
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/02/2021

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$25,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$30,184	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	23	ContributionCnt
Noncash Contributions Rpt F990	$1,775,348	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	Mechanical batteries for campus research and equipment.	1	$362,000	Market value
Yes (X)	Electronics test and measurement equipment and software	1	$57,339	Market value
Yes (X)	Pitching equipment and baseball technology for University baseball team	1	$4,099	Market value
Yes (X)	Three trees for College of Architecture campus	1	$1,295	Market value

Field	Value	IRS element (for citing)
Form8283 Received	1	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule M, Part I Explanations of reporting method for number of contributions	FormAndLineReferenceDesc
Explanation	Securities - Publicly traded - number of contributions Other - Mechanical batteries for campus research and equipment. number of contributions Other - Electronics test and measurement equipment and software number of contributions Books and publications - 56 boxes of 20 books each for Graduate school. number of contributions Art - Works of art - Sculpture by American artist number of items received Other - Pitching equipment and baseball technology for University baseball team number of contributions	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 16,591,326 including grants of $)(Revenue $ 18,099,781) STUDENT SERVICES:- This program provides health, academic, career services, transitional assistance, student orientation and other student services including the student finance center, admissions, and registration.
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 13,025,268 including grants of $)(Revenue $ 5,868,484) ACADEMIC SUPPORT:- IIT provides students with the information skills to compete in today's challenging and rapidly changing environment through its several libraries and academic computing centers allowing students access to terminals. In addition, the Academic Resource Center office offers several programs that provide peer tutoring, exam reviews, advising and counseling.
Form 990, Part VI, Line 1a Delegate broad authority to a committee	As stated in Article 5, Section 5 of the organizations By-Laws, there shall be an Executive Committee of the Board of Trustees. With the caveat that the Board of Trustees may override the Executive Committee and except as otherwise provided in Article 5, Section 6, the Board of Trustees delegates to the Executive Committee all the powers vested in the Board of Trustees by law or by these Bylaws in the management of the property, business and affairs of the corporation. The Executive Committee shall include, as ex officio members, the Chair of the Board, the immediate past Chair, any Vice Chairs, the Chairs of all committees listed in Article 5, Sections 3 and 4, and the President. If the Chair of the Board of the IIT Alumni Association is a regularly elected or life trustee, then that individual shall be an ex officio member of the Executive Committee for the term of his or her office as Chair of the Board of the IIT Alumni Association. Up to eight additional members of the Executive Committee shall be annually elected for three-year terms by the Board of Trustees from the regularly elected members of the Board.
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons	James E. Cowie and James Dugan - Business relationship, Patrick J. Kelly and Craig J. Duchossois - Business relationship, Eric C. Larson and Craig J. Duchossois - Business relationship, James Gagnard and Efthimos J. Stojka - Business relationship, Patrick J. Kelly and James E. Cowie - Business relationship, Stacey M. Kacek and Douglas M. Monieson - Business relationship
Form 990, Part VI, Line 11b Review of form 990 by governing body	THE FORM 990 IS REVIEWED BY THE VP FINANCE, CFO & TREASURER, INTERIM CONTROLLER, ASSOCIATE CONTROLLER, AND BY THE INTERIM VP GENERAL COUNSEL & SECRETARY. ONCE THE FORM 990 IS APPROVED BY MANAGEMENT, THE FORM IS PRESENTED TO THE AUDIT AND COMPLIANCE COMMITTEE AND THE EXECUTIVE COMMITTEE (ACTING FOR THE FULL BOARD OF TRUSTEES) FOR REVIEW. WHEN THIS REVEIW IS COMPLETED, IT IS PUT ON A TRUSTEE WEBSITE GIVING ALL THE TRUSTEES THE OPPORTUNITY TO REVIEW. ONCE ALL REVIEWS ARE COMPLETED, THE VP FINANCE, CFO & TREASURER SIGNS THE FORM 990.
Form 990, Part VI, Line 12c Conflict of interest policy	ON AN ANNUAL BASIS, IIT EMPLOYEES AND BOARD OF TRUSTEE MEMBERS MUST REVIEW THE CONFLICT OF INTEREST POLICY. ALL EMPLOYEES AND TRUSTEES ARE REQUIRED TO SIGN AND DATE A CONFLICT OF INTEREST ATTESTATION DOCUMENT WHETHER A CONFLICT IS PRESENT OR NOT. GENERAL COUNSEL MONITORS THE EMPLOYEES AND TRUSTEES THAT HAVE REVIEWED THE POLICY AND DOCUMENTS THE CONFLICT OF INTEREST INSTANCES.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	THE BOARD OF TRUSTEES HAS ESTABLISHED AN INDEPENDENT COMPENSATION COMMITTEE THAT IS RESPONSIBLE FOR RECOMMENDING THE PRESIDENT'S (CEO) SALARY. THE COMMITTEE WILL BASE THE SALARY ON A HUMAN RESOURCE BENCHMARK STUDY COMPARING SELECTED UNIVERSITIES HAVING SIMILAR STUDENT ENROLLMENTS AND PROGRAMS. ON AN ANNUAL BASIS, HUMAN RESOURCES WILL PROVIDE THE COMMITTEE AN UPDATED BENCHMARK SURVEY FOR THEIR REVIEW. BASED ON THE ANNUAL SURVEY, THE COMMITTEE MAY RECOMMEND AN ADJUSTMENT TO THE PRESIDENT'S SALARY. AFTER THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION COMMITTEE RECOMMENDATIONS, IT VOTES TO APPROVE THE COMPENSATION.
Form 990, Part VI, Line 15b Process to establish compensation of other employees	The authority to recommend the annual salaries of the Vice Presidents and other senior officers is delegated to an independent Compensation Committee by the Board of Trustees. The Committee, with input from the President, obtains comparative analyses and studies from the Human Resource department with respect to compensation of similar organizations to ensure that the University's compensation is comparable. After the Executive Committee reviews the compensation committee recommendations, it votes to approve the compensation.
Form 990, Part VI, Line 19 Required documents available to the public	FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE LOCATED ON THE ILLINOIS INSTITUTE OF TECHNOLOGY'S WEBSITE.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	CHANGE IN ASSET RETIREMENT OBLIGATION, NET - 366450; RESTRUCTURING EXPENSES - -4279994; UNREAL. GAIN ON BENEFICIAL INTEREST IN PERPETUAL TRUST - -2754806; GAIN ON CANCELLATION OF BROADBAND LICENSE - 55000000; OTHER - -344469; CUMULATIVE EFFECT OF CHANGE IN LEASE ACCOUNTING - -3870050;

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	IIT RESEARCH INSTITUTE	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	10 WEST 35TH STREET	AddressLine1Txt
Address Line2	4th FL	AddressLine2Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Field	Value	IRS element (for citing)
EIN	362169122	EIN
Primary Activities	RESEARCH	PrimaryActivitiesTxt
Legal Domicile State	IL	LegalDomicileStateCd
Exempt Code Section	501(c)(3)	ExemptCodeSectionTxt
Public Charity Status	11	PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	ILLINOIS INSTITUTE OF TECHNOLOGY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Controlled Organization	Yes (true)	ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd	Address Line1ForeignAddress/AddressLine1Txt	Address Line2ForeignAddress/AddressLine2Txt	Province Or StateForeignAddress/ProvinceOrStateNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct
PERPETUAL TRUST (7) BENEFICIAL INTEREST IN DONOR TRUSTS
C/O IIT 3424 SOUTH STATE STREET	TC-4 FL	CHICAGO	IL	60616	DISTRIBUTION OF TRUST ASSETS TO BENEFICIARIES	IL	NA	Trust	false
ILLINOIS INSTITUTE OF TECHNOLOGY (INDIA) PRIVATE LTD
					FACILITATES EDUCATIONAL PROGRAMS		ILLINOIS INSTITUTE OF TECHNOLOGY	C Corporation	Yes (true)	677 16th Main 6th Cross 3rd Blo	Koramangala Behind BDA complex	BENGALORE	IN	560034	IN	$271,455	$209,309	1

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (true)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	false	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	Yes (true)	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (true)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (true)	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (true)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (true)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	false	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
IIT India
P	$270,000	FMV
IIT Research Institute
A	$219,554	FMV
IIT Research Institute
J	$219,554	FMV
IIT Research Institute
L	$749,878	FMV
IIT Research Institute
Q	$1,768,459	FMV