NAVY PIER INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- NAVY PIER INC (EIN 27-4813461)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-10-11
- IRS object ID
- 202202849349302150
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-11T17:24:46-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 366055558 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 N CLARK ST STE 200 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274813461 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NAVY PIER INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NAVY | BusinessNameControlTxt |
| Phone | 3125957437 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 EAST GRAND AVENUE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606113419 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARILYNN GARDNER | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 3125957437 | PhoneNum |
| Signature | 2022-10-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARILYNN | PersonFirstNm |
| Person Last | GARDNER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIDGET ROCHE | PreparerPersonNm |
| PTIN | P00666837 | PTIN |
| Phone | 3128560200 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARILYNN GARDNER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 EAST GRAND AVENUE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606113419 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $62,194,092 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NAVYPIER.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2011 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | NAVY PIER, CHICAGO'S ICONIC LAKEFRONT DESTINATION AND CULTURAL INSTITUTION, IS (SEE SCHEDULE O)AN ALL-WELCOMING, YEAR-ROUND CIVIC SPACE WHICH IS FREE TO THE PUBLIC, OFFERING UNIQUE DINING, RETAIL, ENTERTAINMENT AND FREE PROGRAMMING TO NEARLY 9 MILLION GUESTS ANNUALLY, WHILE RELIEVING THE BURDEN OF THE GOVERNMENT TO MAINTAIN AND OPERATE THE HISTORIC DESTINATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 35 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 34 | VotingMembersIndependentCnt |
| Total Employee | 434 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $79,500 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $18,850 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,544,012 | PYContributionsGrantsAmt |
| CY Contributions Grants | $22,904,723 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $14,642,574 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $36,686,123 | CYProgramServiceRevenueAmt |
| PY Investment Income | $121,408 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,681 | CYInvestmentIncomeAmt |
| PY Other Revenue | $158,249 | PYOtherRevenueAmt |
| CY Other Revenue | $2,594,565 | CYOtherRevenueAmt |
| PY Total Revenue | $19,466,243 | PYTotalRevenueAmt |
| CY Total Revenue | $62,194,092 | 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 | $10,403,942 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,394,403 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $62,512 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $402,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,001,932 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $30,462,636 | PYOtherExpensesAmt |
| CY Other Expenses | $41,873,628 | CYOtherExpensesAmt |
| PY Total Expenses | $40,929,090 | PYTotalExpensesAmt |
| CY Total Expenses | $49,670,031 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$21,462,847 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,524,061 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $187,052,693 | TotalAssetsBOYAmt |
| Total Assets EOY | $199,546,550 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $81,887,775 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $80,990,133 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $105,164,918 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $118,556,417 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | NAVY PIER IS THE "PEOPLE'S PIER" FULFILLING VISIONARY DANIEL BURNHAM'S EDICT THAT CHICAGO'S MAGNIFICENT LAKEFRONT REMAIN OPEN AND AVAILABLE TO THE PEOPLE OF CHICAGO. WITH 50 ACRES OF PARKS AND UNMATCHED VIEWS OF THE CELEBRATED SKYLINE TOUCHING THE ENDLESS (SEE SCHEDULE O) SHORELINE, NAVY PIER WELCOMES GUESTS FROM AROUND THE CORNER AND AROUND THE WORLD TO DYNAMIC AND ECLECTIC EXPERIENCES THROUGH PARTNERSHIPS AND PROGRAMS THAT INSPIRE DISCOVERY AND WONDER. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $43,582,096 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $36,686,123 | RevenueAmt |
| Desc | AS AN ICON OF THE CITY, NAVY PIER IS FIRMLY ROOTED IN CHICAGO'S VIBRANT CULTURE, UNIQUE SKYLINE, AND CONNECTED COMMUNITIES. THE LONGEST PIER IN THE WORLD, IT'S MORE THAN A LIVING POSTCARD, IT'S AN ECONOMIC ENGINE, PROVIDING SPACE AND EXPOSURE FOR SMALL AND FAMILY-OWNED BUSINESSES AND OFFERING EMPLOYMENT OPPORTUNITIES FOR MORE THAN 3,000 PEOPLE, OFTEN WITH UNIQUE JOB-SKILLS TRAINING, AND OFTEN TO NEW-ENTRIES TO THE WORKFORCE. NAVY PIER PROVIDES A YEAR-ROUND WORLD-CLASS STAGE FOR EMERGING INDEPENDENT ARTISTS AND ESTABLISHED CULTURAL INSTITUTIONS ALIKE, PARTNERING WITH MORE THAN 1,000 ARTISTS AND 60 ORGANIZATIONS TO REFLECT THE BEST OF CHICAGO AND ITS NEIGHBORHOODS, INCLUDING TENANT NONPROFITS SUCH AS CHICAGO SHAKESPEARE THEATER AND CHICAGO CHILDREN'S MUSEUM. NAVY PIER DESIGNS ITS OWN ARTS, CULTURE, (SEE SCHEDULE O) AND ENGAGEMENT (ACE) PROGRAMMING TO INSPIRE, EDUCATE AND CONNECT ARTISTS TO AUDIENCES. EVEN IN A YEAR DRASTICALLY CURTAILED BY THE CORONAVIRUS PANDEMIC, NAVY PIER REOPENED IN APRIL 2021 TO OFFER SAFE AND ENGAGING EXPERIENCES TO ITS GUESTS, INCLUDING THE LAUNCH OF DARING NEW INITIATIVES SUCH THE TWO-DAY PERFORMANCE FESTIVAL CHICAGO LIVE AGAIN!.HIGHLIGHTS INCLUDE:- NOTE: ALL PROGRAMMING PRIOR TO MAY 1, 2021 WAS CANCELED DUE TO THE PANDEMIC AND THE PIER'S UNPRECENDENTED CLOSURE. - THE RETURN OF NAVY PIER'S MOST POPULAR FREE PROGRAMS, SUCH AS LIVE ON THE LAKE! (WEEKLY LIVE MUSIC SERIES); WAVE WALL WAX (WEEKLY DJ SERIES); WIGGLEWORMS (WEEKLY CHILDREN'S MUSIC SERIES); SUMMER FITNESS (WEEKLY EXERCISE AND YOGA SERIES); WATER FLICKS (WEEKLY OUTDOOR FILM SERIES); NAVY PIER PRIDE (ANNUAL LGBTQ+ PRIDE CELEBRATION); WATER COLORS (WEEKLY LIVE JAZZ MUSIC SERIES); AND MORE.- LATINXT: A TWO-DAY LATIN MUSIC FESTIVAL FEATURING NEXT-GENERATION, TRADITION-BENDING MUSIC FROM LOCAL AND INTERNATIONAL LATINX ARTISTS.- FRESH FEST! PRESENTED BY ALLSTATE: AN ALL-DAY SHOWCASE FEATURING TALENTED LOCAL YOUTH.-CHI-SOUL FEST: A TWO-DAY MUSIC FESTIVAL FEATURING AND CELEBRATING CHICAGO'S NEWEST AND LEGENDARY SOUL ARTISTS.-CHICAGO LIVE AGAIN! A FREE EVENT WELCOMING THE RETURN OF LIVE PERFORMANCES IN CHICAGO FEATURING OVER 50 OF CHICAGO'S WORLD-RENOWNED PERFORMANCE ORGANIZATIONS.-"OUR COMMON HOME"- A FREE PUBLIC ART INSTALLION WITH MONTREAL BASED DIGITAL ART STUDIO IREGULAR.-LIGHT UP THE LAKE: NAVY PIER'S NEWEST TICKETED INDOOR WINTER EXPERIENCES FEATURING A MAGICAL LIGHT GARDEN, ICE RINK, AND MORE!PRE-PANDEMIC, NAVY PIER AND AFFILIATED PARTNERS GENERATED $130 MILLION IN ANNUAL SALES ONSITE, WHICH INFUSED APPROXIMATELY $15 MILLION INTO THE ECONOMY VIA CITY, COUNTY AND STATE TAXES, AS WELL AS AN ADDITIONAL $200 MILLION IN SALES IN THE IMMEDIATE VICINITY.SINCE BECOMING A NONPROFIT ORGANIZATION IN 2011, NAVY PIER HAS RAISED $74 MILLION FOR CAPITAL AND OPERATIONS. IN 2021, ROUGHLY 17% OF THE PIER'S $55.8 MILLION OPERATING REVENUE CAME FROM CORPORATE AND PHILANTHROPIC PARTNERS. THEIR GENEROUS SUPPORT AND CONTRIBUTIONS HELPED UNDERWRITE MANY OF THE PIER'S FREE PUBLIC PROGRAMS. AS A RESULT OF THE COVID-19 PANDEMIC, THE BOARD OF DIRECTORS ENGAGED IN A "SAVE THE PIER" FUNDRAISING CAMPAIGN TO ALLOW THE PIER TO RE-OPEN, REPLENISH CASH RESERVES AND CONTINUE TO OFFER RENT RELIEF TO ITS TENANT PARTNERS. "SAVE THE PIER" CAMPAIGN RAISED $9M IN CASH AND PLEDGES BETWEEN 2020 AND 2021, FROM APPROXIMATELY 50 DONORS COMPRISING INDIVIDUALS, FOUNDATIONS, AND CORPORATIONS.NAVY PIER, GOVERNED BY A 35-MEMBER VOLUNTEER BOARD CONSISTING OF BUSINESS AND CIVIC LEADERS, CONTINUES TO OPERATE DILIGENTLY UNDER THE VALUES OF EXCELLENCE, INCLUSION, STEWARDSHIP, AND INTEGRITY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $0 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $0 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $43,582,096 | 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 | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | 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 | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | 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 | Yes (1) | 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 | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | 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 | 321 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 434 | 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 | 35 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 34 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | 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 | Yes (1) | 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 |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFFREY BROWN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3125955205 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 EAST GRAND AVENUE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606113419 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (47 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 |
|---|---|---|---|---|---|---|---|---|---|
| MARILYNN GARDNER | |||||||||
| PRESIDENT & CEO | 37.50 | 0.00 | Yes (X) | Yes (X) | $527,827 | $0 | $56,561 | ||
| BRIAN MURPHY | |||||||||
| CHIEF OPERATING OFFICER | 37.50 | 0.00 | $346,931 | $0 | $52,839 | Yes (X) | |||
| JEFFREY BROWN | |||||||||
| CFO & ASST. TREASURER | 37.50 | 0.00 | Yes (X) | $227,147 | $0 | $41,788 | |||
| MICHAEL DEGNAN | |||||||||
| SVP OF OPERATIONS | 37.50 | 0.00 | $186,881 | $0 | $47,597 | Yes (X) | |||
| DAN MITCHELL | |||||||||
| VP OF CONTRUCTION | 37.50 | 0.00 | $195,675 | $0 | $31,517 | Yes (X) | |||
| SETH KAGY | |||||||||
| GENERAL MANAGER | 37.50 | 0.00 | $169,877 | $0 | $44,586 | Yes (X) | |||
| JOHN GRAEBER | |||||||||
| DIRECTOR OF SAFETY & SECURITY | 37.50 | 0.00 | $156,705 | $0 | $37,856 | Yes (X) | |||
| MARK THOMPSON | |||||||||
| VP OF DATA ANALYTICS | 37.50 | 0.00 | $161,844 | $0 | $14,062 | Yes (X) | |||
| CHONA MAGLAYA | |||||||||
| VP OF INSTITUTIONAL RELATIONS | 37.50 | 0.00 | Yes (X) | $159,952 | $0 | $6,239 | |||
| ARNALDO RIVERA AS OF 052021 | |||||||||
| CHIEF ADMIN. & EQUITY OFF. | 37.50 | 0.00 | $129,808 | $0 | $5,911 | Yes (X) | |||
| MICHELLE BOONE THRU 052021 | |||||||||
| CHIEF PROGRAM & CIVIC OFF. | 37.50 | 0.00 | $91,992 | $0 | $10,272 | Yes (X) | |||
| WILLIAM J BRODSKY | |||||||||
| CHAIRPERSON | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| NORMAN R BOBINS | |||||||||
| VICE CHAIRPERSON | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER STEANS | |||||||||
| TREASURER | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MICHELLE COLLINS | |||||||||
| SECRETARY | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LISA KONIK ARONIN | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFF BETHKE | |||||||||
| EX-OFFICIO (AS OF 02/2021) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES BLAIR | |||||||||
| DIRECTOR (AS OF 09/2021) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DOUGLAS R BROWN | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN BUCKSBAUM | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GISSELLE CASTILLO-VERMIS | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GERY CHICO | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LARITA CLARK | |||||||||
| EX-OFFICIO | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RICARDO ESTRADA | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT GOODMAN | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JILL GRIEBENOW | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SANDRA P GUTHMAN | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DEAN HARRISON | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BRETT HART | |||||||||
| EX-OFFICIO (THRU 02/2021) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| EMILY HEISLEY STOECKEL | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ADAM L HOEFLICH | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN O HUDSON III | |||||||||
| DIRECTOR (AS OF 09/2021) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RODGER KILEY | |||||||||
| EX-OFFICIO | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE KOCH | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CONNIE LINDSEY | |||||||||
| DIRECTOR (AS OF 02/2021) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LAURA MARTIN | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES R MATTHEWS | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD PRICE | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JORGE RAMIREZ | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIDGET REIDY | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SANDRA REYNOLDS | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SMITA SHAH | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN SIMPSON | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC SMITH | |||||||||
| DIRECTOR (AS OF 02/2021) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBIN LOEWENBERG TEBBE | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL A TOOLIS | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KELLY WELSH | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,354,639 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $349,228 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 17 | 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 |
|---|---|---|---|---|---|
| ABM PARKING SERVICES | |||||
| 180 NORTH LASALLE STREET | CHICAGO | IL | 60601 | PARKING | $4,382,706 |
| ARAMARK GLOBETROTTERS LLC | |||||
| 2301 SOUTH MICHIGAN AVENUE | CHICAGO | IL | 60616 | HOUSEKEEPING | $2,515,301 |
| ALLIED UNIVERSAL SECURITY | |||||
| 55 EAST JACKSON BOULEVARD | CHICAGO | IL | 60604 | SECURITY | $1,879,491 |
| LEVY RESTAURANTS | |||||
| 980 NORTH MICHIGAN AVENUE | CHICAGO | IL | 60611 | CATERING | $1,693,595 |
| SPURRIER GROUP LLC | |||||
| 101 SOUTH 15TH STREET | RICHMOND | VA | 23219 | ADVERTISING | $1,199,847 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 38 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $12,489,500 | GovernmentGrantsAmt |
| All Other Contributions | $10,415,223 | AllOtherContributionsAmt |
| Total Contributions | $22,904,723 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PIER PARK AMUSEMENTS | 713110 | $12,017,224 | $12,017,224 |
| PUBLIC PARKING | 480000 | $9,634,769 | $9,634,769 |
| RETAIL | 453220 | $8,473,725 | $8,473,725 |
| USE OF EXHIBIT FACILITIES | 532000 | $4,134,269 | $4,134,269 |
| PROGRAM EVENTS | 900099 | $2,426,136 | $2,426,136 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $36,686,123 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,681 | TotalRevenueColumnAmt |
| Exclusion | $8,681 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| SPONSORSHIP REVENUE | 532000 | $1,748,556 | $79,500 | $1,669,056 |
| INSURANCE RECOVERY | 900099 | $362,500 | $362,500 | |
| SUSTAINABILITY REBATE | 900099 | $71,541 | $71,541 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $411,968 | TotalRevenueColumnAmt |
| Exclusion | $411,968 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,594,565 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $62,194,092 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $36,686,123 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $79,500 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,523,746 | 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 | $1,490,190 | TotalAmt |
| Program Services | $514,904 | ProgramServicesAmt |
| Management And General | $975,286 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,492,008 | TotalAmt |
| Program Services | $1,932,657 | ProgramServicesAmt |
| Management And General | $1,367,732 | ManagementAndGeneralAmt |
| Fundraising | $191,619 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $378,112 | TotalAmt |
| Program Services | $271,544 | ProgramServicesAmt |
| Management And General | $100,162 | ManagementAndGeneralAmt |
| Fundraising | $6,406 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,332,740 | TotalAmt |
| Program Services | $1,141,960 | ProgramServicesAmt |
| Management And General | $158,667 | ManagementAndGeneralAmt |
| Fundraising | $32,113 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $701,353 | TotalAmt |
| Program Services | $525,105 | ProgramServicesAmt |
| Management And General | $160,382 | ManagementAndGeneralAmt |
| Fundraising | $15,866 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,128,526 | TotalAmt |
| Program Services | $8,109,851 | ProgramServicesAmt |
| Management And General | $7,698 | ManagementAndGeneralAmt |
| Fundraising | $10,977 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $459,301 | TotalAmt |
| Program Services | $6,056 | ProgramServicesAmt |
| Management And General | $453,245 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,865 | TotalAmt |
| Management And General | $112,865 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $402,000 | TotalAmt |
| Fundraising | $402,000 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,422,777 | TotalAmt |
| Program Services | $6,671,570 | ProgramServicesAmt |
| Management And General | $609,261 | ManagementAndGeneralAmt |
| Fundraising | $141,946 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,584,265 | TotalAmt |
| Program Services | $2,490,990 | ProgramServicesAmt |
| Management And General | $38,045 | ManagementAndGeneralAmt |
| Fundraising | $55,230 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $810,223 | TotalAmt |
| Program Services | $774,282 | ProgramServicesAmt |
| Management And General | $34,640 | ManagementAndGeneralAmt |
| Fundraising | $1,301 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $979,057 | TotalAmt |
| Program Services | $637,246 | ProgramServicesAmt |
| Management And General | $320,159 | ManagementAndGeneralAmt |
| Fundraising | $21,652 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,061,084 | TotalAmt |
| Program Services | $5,565,513 | ProgramServicesAmt |
| Management And General | $447,520 | ManagementAndGeneralAmt |
| Fundraising | $48,051 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,459 | TotalAmt |
| Program Services | $90,305 | ProgramServicesAmt |
| Management And General | $11,701 | ManagementAndGeneralAmt |
| Fundraising | $2,453 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,233,930 | TotalAmt |
| Program Services | $2,200,421 | ProgramServicesAmt |
| Management And General | $22,339 | ManagementAndGeneralAmt |
| Fundraising | $11,170 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,487,628 | TotalAmt |
| Program Services | $10,330,314 | ProgramServicesAmt |
| Management And General | $104,876 | ManagementAndGeneralAmt |
| Fundraising | $52,438 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,470,255 | TotalAmt |
| Program Services | $1,366,066 | ProgramServicesAmt |
| Management And General | $97,498 | ManagementAndGeneralAmt |
| Fundraising | $6,691 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BANK & CREDIT CARD FEES | $748,713 | $719,254 | $28,227 | $1,232 |
| DUES & SUBSCRIPTIONS | $51,480 | $32,511 | $18,194 | $775 |
| TRAINING | $11,562 | $10,537 | $1,025 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $207,503 | TotalAmt |
| Program Services | $191,010 | ProgramServicesAmt |
| Management And General | $16,481 | ManagementAndGeneralAmt |
| Fundraising | $12 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,670,031 | TotalAmt |
| Program Services | $43,582,096 | ProgramServicesAmt |
| Management And General | $5,086,003 | ManagementAndGeneralAmt |
| Fundraising | $1,001,932 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,602,077 | BOYAmt |
| EOY | $21,026,093 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,388,557 | BOYAmt |
| EOY | $282,931 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,456,179 | BOYAmt |
| EOY | $6,073,336 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $441,876 | BOYAmt |
| EOY | $4,503,509 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $921,399 | BOYAmt |
| EOY | $774,378 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $223,009,941 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $57,006,658 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $175,321,377 | BOYAmt |
| EOY | $166,003,283 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $921,228 | BOYAmt |
| EOY | $883,020 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $187,052,693 | BOYAmt |
| EOY | $199,546,550 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,962,132 | BOYAmt |
| EOY | $5,695,473 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,276,018 | BOYAmt |
| EOY | $7,439,592 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,695,014 | BOYAmt |
| EOY | $40,863,001 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,245,388 | BOYAmt |
| EOY | $25,092,264 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,709,223 | BOYAmt |
| EOY | $1,899,803 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,887,775 | BOYAmt |
| EOY | $80,990,133 | 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 | $101,262,753 | BOYAmt |
| EOY | $111,800,107 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,902,165 | BOYAmt |
| EOY | $6,756,310 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,164,918 | BOYAmt |
| EOY | $118,556,417 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $187,052,693 | BOYAmt |
| EOY | $199,546,550 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,524,061 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$3,942 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $871,380 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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 | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
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 | $8,870,634 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,065,425 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,402,511 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,544,012 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,904,723 | CurrentTaxYearAmt |
| Total | $40,787,305 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,870,634 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,065,425 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,402,511 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,544,012 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,904,723 | CurrentTaxYearAmt |
| Total | $40,787,305 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,746,163 | SubstantialContributorsTotAmt |
| Public Support Total170 | $35,041,142 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,420 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $443,764 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $291,107 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $121,350 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,681 | CurrentTaxYearAmt |
| Total | $885,322 | 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 | $19,850 | CurrentTaxYearAmt |
| Total | $19,850 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $210,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $636,482 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $186,756 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,594,565 | CurrentTaxYearAmt |
| Total | $3,627,803 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $45,320,280 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $218,443,179 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.77320 | PublicSupportCY170Pct |
| Public Support PY170 | 0.86380 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | GROSS INCOME FROM FUNDRAISING - 2017 AMOUNT: $ 210,000. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 153,636. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. MISCELLANEOUS INCOME - 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 482,846. 2020 AMOUNT: $ 186,756. 2021 AMOUNT: $ 2,594,565. |
| PART II, SECTION C, LINE 14 | NAVY PIER INC.'S PUBLIC SUPPORT PERCENTAGE DECREASED SIGNIFIGANTLY IN 2021 DUE TO THE RECIEPT OF COVID-19 RELIEF FROM THE SMALL BUSINESS ADMINISTRATION IN THE FORM OF $2,489,500 PAYCHECK PROTECTION LOAN FORGIVENES AND A $8,089,995 SHUTTERED VENUES OPERATOR GRANT. |
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
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $187,313,211 | OtherCostOrOtherBasisAmt |
| Depreciation | $44,272,475 | DepreciationAmt |
| Book Value | $143,040,736 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $32,343,056 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,080,063 | DepreciationAmt |
| Book Value | $21,262,993 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,353,674 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,654,120 | DepreciationAmt |
| Book Value | $1,699,554 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $166,003,283 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ADVANCED DEPOSITS | $1,057,244 |
| SWAP LIABILITY | $842,559 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,899,803 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $66,228,595 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$3,942 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $177,820 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $3,860,625 | OtherRevenueAmt |
| Revenue Not Reported | $4,034,503 | RevenueNotReportedAmt |
| Revenue Subtotal | $62,194,092 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $62,194,092 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $52,837,096 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $177,820 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $2,989,245 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $3,167,065 | ExpensesNotReportedAmt |
| Expenses Subtotal | $49,670,031 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $49,670,031 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | NPI HAS RECEIVED A FAVORABLE DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER PROVISION OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, EXCEPT FROM INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ISSUED GUIDANCE THAT REQUIRES 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 IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. THERE ARE NO INTEREST OR PENALTIES RECOGNIZED IN THE FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF INTEREST RATE SWAP 871,380. EMPLOYEE RETENTION CREDIT 2,989,245. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EMPLOYEE RETENTION CREDIT 2,989,245. |
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 |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMUNITY COUNSELLING SERVICE CO LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 527 MADISON AVENUE 5TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | PROFESSIONAL FUNDRAISING CONSULTING FOR CAMPAIGN | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $6,529,127 | GrossReceiptsAmt |
| Retained By Contractor | $402,000 | RetainedByContractorAmt |
| Net To Organization | $6,529,127 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $6,529,127 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $402,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $6,529,127 | TotalNetToOrganizationAmt |
| Licensed States | IL | LicensedStatesCd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE G, PART I, LINE 2B(I): | FormAndLineReferenceDesc |
| Explanation | FUNDRAISING SERVICES COMMUNITY COUNSELLING SERVICE CO. LLC (CCS) WAS HIRED AS A FUNDRAISING CONSULTANT FOR A FUNDRAISING CAMPAIGN THAT STARTED IN DECEMBER 2020 AND LASTED THROUGH JANUARY 2022, GENERATING $9 MILLION IN CASH AND PLEDGES. OF THE $9M, $6.5M WAS COLLECTED IN 2021, WHICH IS REFLECTED ON SCHEDULE G, PART I ABOVE. | ExplanationTxt |
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 | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARILYNN GARDNER | ||||||||||||||
| PRESIDENT & CEO | $379,522 | $0 | $147,000 | $0 | $1,305 | $0 | $16,599 | $0 | $39,962 | $0 | $584,388 | $0 | $0 | $0 |
| BRIAN MURPHY | ||||||||||||||
| CHIEF OPERATING OFFICER | $277,091 | $0 | $69,343 | $0 | $497 | $0 | $13,887 | $0 | $38,952 | $0 | $399,770 | $0 | $0 | $0 |
| JEFFREY BROWN | ||||||||||||||
| CFO & ASST. TREASURER | $191,443 | $0 | $35,571 | $0 | $133 | $0 | $10,251 | $0 | $31,537 | $0 | $268,935 | $0 | $0 | $0 |
| MICHAEL DEGNAN | ||||||||||||||
| SVP OF OPERATIONS | $185,357 | $0 | $1,000 | $0 | $524 | $0 | $7,820 | $0 | $39,777 | $0 | $234,478 | $0 | $0 | $0 |
| DAN MITCHELL | ||||||||||||||
| VP OF CONTRUCTION | $193,871 | $0 | $1,000 | $0 | $804 | $0 | $7,837 | $0 | $23,680 | $0 | $227,192 | $0 | $0 | $0 |
| SETH KAGY | ||||||||||||||
| GENERAL MANAGER | $168,772 | $0 | $1,000 | $0 | $105 | $0 | $7,086 | $0 | $37,500 | $0 | $214,463 | $0 | $0 | $0 |
| JOHN GRAEBER | ||||||||||||||
| DIRECTOR OF SAFETY & SECURITY | $155,025 | $0 | $1,000 | $0 | $680 | $0 | $6,366 | $0 | $31,490 | $0 | $194,561 | $0 | $0 | $0 |
| MARK THOMPSON | ||||||||||||||
| VP OF DATA ANALYTICS | $160,635 | $0 | $1,000 | $0 | $209 | $0 | $6,454 | $0 | $7,608 | $0 | $175,906 | $0 | $0 | $0 |
| CHONA MAGLAYA | ||||||||||||||
| VP OF INSTITUTIONAL RELATIONS | $153,837 | $0 | $6,000 | $0 | $115 | $0 | $5,240 | $0 | $999 | $0 | $166,191 | $0 | $0 | $0 |
| ARNALDO RIVERA AS OF 052021 | ||||||||||||||
| CHIEF ADMIN. & EQUITY OFF. | $129,808 | $0 | $0 | $0 | $0 | $0 | $5,192 | $0 | $719 | $0 | $135,719 | $0 | $0 | $0 |
| MICHELLE BOONE THRU 052021 | ||||||||||||||
| CHIEF PROGRAM & CIVIC OFF. | $64,750 | $0 | $0 | $0 | $27,242 | $0 | $3,529 | $0 | $6,743 | $0 | $102,264 | $0 | $15,737 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | NON-FIXED PAYMENTS TO HELP LIMIT COSTS DURING COVID-19 RELATED CLOSURES, NAVY PIER INC.'S PRESIDENT & CEO MARILYNN GARDNER'S BASE SALARY WAS REDUCED BY 25% AS OF MAY 2020 AND WAS RESTORED UPON NAVY PIER'S RE-OPENING, APRIL 30, 2021. CHIEF OPERATING OFFICER BRIAN MURPHY AND CHIEF FINANCIAL OFFICER JEFF BROWN'S BASE SALARIES WERE REDUCED BY 20% IN MAY 2020 AND RESTORED IN APRIL 2021. THE BOARD OF DIRECTORS PROVIDED A ONE-TIME INCENTIVE PAYMENT IN NOVEMBER 2021 FOR MS. GARDNER, MR. MURPHY AND MR. BROWN TO BRING 2021 TOTAL CASH COMPENSATION TO 2019 LEVELS. OTHER FULL-TIME ADMINISTRATIVE STAFF SALARIES WERE REDUCED AS OF JULY 2020 AND EFFECTIVELY RESTORED JANUARY 2021. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| IL FINANCE AUTHORITY REV BONDS | |||||||
| A | 861091967 | 2014-12-16 | $26,500,000 | EQUIPMENT/CAPITAL PROJECTS/THEATRE | 0 | 0 | 0 |
| IL FINANCE AUTHORITY REV BONDS | |||||||
| B | 861091967 | 2017-10-12 | $19,250,000 | REFUND PRIOR ISSUE FROM 12/16/14 | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|
| A | $2,749,710 | $26,695,389 | $26,695,389 | 2017 | 0 | 0 | Yes (1) | Yes (1) | |
| B | $4,661,110 | $19,257,223 | $1,005,453 | 2017 | 0 | Yes (1) | Yes (1) | Yes (1) | $18,251,770 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 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 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 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 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART I, COLUMN F: | FormAndLineReferenceDesc |
| Explanation | COLUMN A: $26,684,702 OF THE PROCEEDS WERE USED TO MANUFACTURE AND INSTALL A NEW OBSERVATION WHEEL AND COMPLETE NECESSARY STRUCTURAL IMPROVEMENTS. COLUMN B: $18,251,770 OF THE LOAN WAS USED TO REFUND A PRIOR ISSUE AND $1,003,057 WAS USED TO COMPLETE CAPITAL PROJECTS INCLUDING CONSTRUCTION OF A LIVE PERFORMANCE THEATRE. THIS BOND WAS ISSUED ON 10/12/2017 AS A REFUND FOR A PRIOR ISSUE. PROCEEDS: THE VARIANCE BETWEEN PROCEEDS IN PART I AND PROCEEDS IN PART II LINE 3, IS INTEREST EARNINGS ON THE PROCEEDS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS OR STAKEHOLDERS WHO MAY ELECT UNDER THE LEASE AGREEMENT BETWEEN NAVY PIER INC. AND THE METROPOLITAN PIER AND EXPOSITION AUTHORITY (MPEA), THE CHAIR OF THE BOARD, THE SECRETARY-TREASURER AND THE CHIEF EXECUTIVE OFFICER OF MPEA ARE REQUIRED TO BE VOTING MEMBERS OF NAVY PIER, INC.'S BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 REVIEW PROCESS THE FORM 990 IS PREPARED BY NAVY PIER INC.'S VICE PRESIDENT OF FINANCE AND ASSISTANT CONTROLLER AND AN OUTSIDE CPA FIRM. THE FORM 990 IS REVIEWED BY NPI'S PRESIDENT AND CEO, CFO, AND FINANCE COMMITTEE PRIOR TO FINAL APPROVAL OF THE BOARD OF DIRECTORS PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY NAVY PIER INC. MAINTAINS A CONFLICT-OF-INTEREST POLICY COVERING DIRECTOR, OFFICER, MEMBER OF A COMMITTEE OF THE BOARD OF DIRECTORS OF NAVY PIER, INC., OR KEY EMPLOYEE (AS DEFINED BY THE IRS IN INSTRUCTIONS FOR FROM 990) WHICH REQUIRES DISCLOSURE OF FINANCIAL INTERESTS THAT PRESENT A POTENTIAL CONFLICT OF INTEREST AS DEFINED IN THE POLICY. ANNUAL ATTESTATIONS ARE REQUIRED AS WELL AS IMMEDIATE DISCLOSURE IF A POTENTIAL CONFLICT ARISES. THE BOARD OF DIRECTORS ADJUDICATES IF A CONFLICT EXISTS AND IF THE TRANSACTION SHOULD PROCEED BASED UPON THE BEST INTEREST OF THE COMPANY. NAVY PIER INC. ALSO MAINTAINS A WHISTLEBLOWER POLICY THAT INCLUDES THE ABILITY TO PROVIDE ANONYMOUS INFORMATION VIA A HOTLINE. SUCH INFORMATION IS REPORTED TO THE VP OF PEOPLE AND CULTURE, OR IF THIS PERSON IS NOT AVAILABLE OR IS THE SUBJECT OF THE INFORMATION, TO THE GENERAL COUNSEL. THIS PERSON MAKES A RECORD OF THE COMPLAINT, CONDUCTS AN INVESTIGATION, MAKES FINDINGS AND RECOMMENDS OR IMPLEMENTS CORRECTIVE ACTION IF APPROPRIATE. |
| FORM 990, PART VI, SECTION B, LINE 15 | PROCESS OF DETERMINING COMPENSATION THE EXECUTIVE COMMITTEE REVIEWS THE GOALS AND PERFORMANCE OF THE PRESIDENT AND CEO AND SENIOR MANAGEMENT. THE COMMITTEE ALSO RETAINS AN INDEPENDENT CONSULTANT WHO CONDUCTS AN INDEPENDENT EVALUATION USING COMPENSATION DATA OF THE COMPARABLE KEY EMPLOYEES AT LOCAL AND NATIONAL PEER INSTITUTIONS. THE MOST RECENT COMPENSTAION SURVEY WAS CONDUCTED IN 2021. THE EXECUTIVE COMMITTEE REVIEWS THE INFORMATION PROVIDED BY THE INDEPENDENT CONSULTANT AND APPROVES RECOMMENDATIONS FROM THE PRESIDENT AND CEO FOR COMPENSATION OF KEY EMPLOYEES. THE EVALUATIONS, REVIEWS, COMMENTS AND DECISIONS ARE DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMMITTEE. THE PRESIDENT AND CEO REVIEWS THE GOALS AND PERFORMANCE OF SENIOR STAFF AND REVIEWS THE COMPENSATION DATA OF THE COMPARABLE KEY EMPLOYEES OF WHICH RECOMMENDATIONS ARE REVIEWED, MODIFIED AND APPROVED BY THE EXECUTIVE COMMITTEE. TO HELP LIMIT COSTS DURING COVID-19 RELATED CLOSURES, NAVY PIER INC.'S PRESIDENT & CEO MARILYNN GARDNER'S BASE SALARY WAS REDUCED BY 25% AS OF MAY 2020 AND WAS RESTORED UPON NAVY PIER'S RE-OPENING, APRIL 30, 2021. CHIEF OPERATING OFFICER BRIAN MURPHY AND CHIEF FINANCIAL OFFICER JEFF BROWN'S BASE SALARIES WERE REDUCED BY 20% IN MAY 2020 AND RESTORED IN APRIL 2021. THE BOARD OF DIRECTORS PROVIDED A ONE-TIME INCENTIVE PAYMENT IN NOVEMBER 2021 FOR MS. GARDNER, MR. MURPHY AND MR. BROWN TO BRING 2021 TOTAL CASH COMPENSATION TO 2019 LEVELS. OTHER FULL-TIME ADMINISTRATIVE STAFF SALARIES WERE REDUCED AS OF JULY 2020 AND EFFECTIVELY RESTORED JANUARY 2021. |
| FORM 990, PART VI, SECTION C, LINE 19 | HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | SECURITY: PROGRAM SERVICE EXPENSES 2,364,026. TOTAL EXPENSES 2,364,026. HOUSEKEEPING: PROGRAM SERVICE EXPENSES 2,303,257. TOTAL EXPENSES 2,303,257. OTHER FEES: PROGRAM SERVICE EXPENSES 2,004,287. MANAGEMENT AND GENERAL EXPENSES 469,761. FUNDRAISING EXPENSES 141,946. TOTAL EXPENSES 2,615,994. DONATION CULTIVATING SERVICES/ADVOCACY: MANAGEMENT AND GENERAL EXPENSES 139,500. TOTAL EXPENSES 139,500. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF INTEREST RATE SWAP 871,380. |
| COVID-19 PANDEMIC | ON MARCH 11, 2020, THE WORLD HEALTH ORGANIZATION DECLARED THE OUTBREAK OF A RESPIRATORY DISEASE CAUSED BY A NEW CORONAVIRUS AS A "PANDEMIC". FIRST IDENTIFIED IN LATE 2019 AND KNOWN NOW AS COVID-19, THE OUTBREAK HAS IMPACTED MILLIONS OF INDIVIDUALS WORLDWIDE. IN RESPONSE, MANY COUNTRIES HAVE IMPLEMENTED MEASURES TO COMBAT THE OUTBREAK WHICH HAVE IMPACTED GLOBAL BUSINESS OPERATIONS. OUT OF CONCERN FOR THE SAFETY AND HEALTH OF ITS GUESTS AND EMPLOYEES, NAVY PIER INC.(NPI) TEMPORARILY CLOSED THE PIER ON MARCH 16, 2020. ILLINOIS GOVERNOR J.B. PRITZKER ISSUED EXECUTIVE ORDER 2020-10 ON MARCH 20, 2020 WHICH REQUIRED NON-ESSENTIAL BUSINESSES TO TEMPORARILY CEASE OPERATIONS. APPROXIMATELY 80 STAFF WERE FURLOUGHED OR LAID-OFF AFTER MARCH 27, 2020. NPI WAS ABLE TO SECURE A PAYCHECK PROTECTION PROGRAM TERM NOTE (PPP LOAN) THROUGH ITS PRIMARY LENDER ON APRIL 20, 2020, ALLOWING FURLOUGHED AND LAID-OFF STAFF TO RETURN TO WORK IN ORDER TO PREPARE FOR THE UPCOMING SUMMER SEASON. (FORGIVENESS OF THE PPP LOAN WAS GRANTED IN SEPTEMBER 2021 USING A 12-WEEK COVERED PERIOD FOR SALARIES, EMPLOYEE BENEFITS, AND UTILITY EXPENSES.) THE PIER REMAINED CLOSED TO THE PUBLIC UNTIL JUNE 10, 2020, WHEN IT REOPENED PER THE TERMS OF EXECUTIVE ORDER 2020-38. PURSUANT TO STATE OF ILLINOIS RESTRICTIONS, NPI WAS NOT ABLE TO OPERATE PIER PARK AMUSEMENTS, OR ITS CONVENTION AND MEETING FACILITIES AFTER MARCH 16, 2020. DUE TO THE ANTICIPATED DROP IN ATTENDANCE, EACH TENANT WAS OFFERED A RENT-RELIEF PACKAGE IN ORDER TO ENSURE THE TENANTS' LONG-TERM SURVIVAL; AGREEMENTS FOR RENT RELIEF WERE REACHED WITH ALL BUT THREE TENANTS BY THE END OF 2020. THE OPERATING RESTRICTIONS AND DECREASED ATTENDANCE NEGATIVELY IMPACTED NPI'S REVENUES, LIQUIDITY, AND NET ASSETS WITHOUT DONOR RESTRICTIONS. NPI MOVED TO MITIGATE THE IMPACT BY REDUCING ITS WORKFORCE, REDUCING SALARIES, DELAYING CAPITAL EXPENDITURES, REDUCING ADVERTISING COSTS AND OTHER DISCRETIONARY SPENDING, AND ACTIVELY MANAGING CASH DISBURSEMENTS, WHICH HAS ALLOWED NPI TO MEET ITS OBLIGATIONS AS THEY BECOME DUE. NPI'S DEBT OBLIGATIONS WERE RENEGOTIATED WITH ITS PRIMARY LENDER AND ARE DETAILED IN NOTE H. THE BOARD OF NPI ENGAGED IN A "SAVE THE PIER" FUNDRAISING CAMPAIGN TO ALLOW THE PIER TO RE-OPEN, REPLENISH CASH RESERVES AND CONTINUE TO OFFER RENT RELIEF TO ITS TENANT PARTNERS. DESPITE THESE PROACTIVE MEASURES, ATTENDANCE DURING SUMMER 2020 WAS APPROXIMATELY 15% OF THAT FROM THE PRIOR YEAR. IN AN EFFORT TO PRESERVE ITS LIQUIDITY, NPI DECIDED TO CLOSE THE PIER TO THE GENERAL PUBLIC AFTER LABOR DAY, AND RE-OPENED APRIL 30, 2021. TENANT LEASES WERE AGAIN MODIFIED DURING THIS CLOSURE PERIOD, AND RELIEF WAS EXTENDED INTO 2022 FOR ALL TENANTS. NPI RECEIVED THE PROCEEDS OF A PAYCHECK PROTECTION PROGRAM TERM NOTE ("PPP LOAN") IN THE AMOUNT OF $2,489,500 THROUGH ITS PRIMARY LENDER ON APRIL 20, 2020, ALLOWING FURLOUGHED AND LAID-OFF STAFF TO RETURN TO WORK IN ORDER TO PREPARE FOR THE UPCOMING SUMMER SEASON. FORGIVENESS WAS GRANTED BY THE SMALL BUSINESS ADMINISTRATION ("SBA") ON SEPTEMBER 9, 2021 USING A 12-WEEK COVERED PERIOD FOR SALARIES, EMPLOYEE BENEFITS, AND UTILITY EXPENSES. NPI RECEIVED THE PROCEEDS OF A SECOND PPP LOAN IN THE AMOUNT OF $1,910,005 THROUGH ITS PRIMARY LENDER ON MARCH 23, 2021. FORGIVENESS WAS GRANTED BY THE SBA ON SEPTEMBER 28, 2021 USING A 13-WEEK COVERED PERIOD FOR SALARIES, EMPLOYEE BENEFITS AND UTILITY EXPENSES. UPON SECURING EACH PPP LOAN, NPI RECORDED THE AMOUNTS AS BOND AND LOAN LIABILITIES ON THE STATEMENT OF FINANCIAL POSITION; UPON FORGIVENESS, NPI CONVERTED THE AMOUNTS OF THE TWO PPP LOANS INTO COVID-19 RELIEF REVENUES. THE CARES ACT PROVIDES AN EMPLOYEE RETENTION TAX CREDIT ("ERTC"), WHICH IS A REFUNDABLE TAX CREDIT AGAINST CERTAIN EMPLOYMENT TAXES OF UP TO $5,000 PER EMPLOYEE FOR ELIGIBLE EMPLOYERS. THE TAX CREDIT IS EQUAL TO 50% OF QUALIFIED WAGES PAID TO EMPLOYEES DURING A QUARTER, CAPPED AT $10,000 OF QUALIFIED WAGES PER EMPLOYEE THROUGH DECEMBER 31, 2020. ADDITIONAL RELIEF PROVISIONS WERE PASSED BY THE UNITED STATES GOVERNMENT, WHICH EXTEND AND SLIGHTLY EXPAND THE QUALIFIED WAGE CAPS ON THESE CREDITS THROUGH DECEMBER 31, 2021. BASED ON THESE ADDITIONAL PROVISIONS, THE TAX CREDIT FOR 2021 IS EQUAL TO 70% OF QUALIFIED WAGES PAID TO EMPLOYEES DURING A QUARTER, AND THE LIMIT ON QUALIFIED WAGES PER EMPLOYEE HAS BEEN INCREASED TO $10,000 OF QUALIFIED WAGES PER QUARTER. NPI QUALIFIED FOR AND CLAIMED $1,853,000 IN ERTC DURING THE FISCAL YEAR ENDED DECEMBER 31, 2021. ON NOVEMBER 2, 2021, NPI RECEIVED A $8,089,995 SHUTTERED VENUES OPERATOR GRANT FROM THE SBA. THE GRANT ALLOWED FOR NPI TO ALLOCATE CERTAIN COSTS INCURRED BETWEEN MARCH 2020 AND DECEMBER 2021 AS IT RELATES TO MAINTAINING, OPERATING, AND RE-OPENING NAVY PIER DURING THE COVID-19 PANDEMIC. |