ART INSTITUTE OF CHICAGO: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: ART INSTITUTE OF CHICAGO (EIN 36-2167725)
Tax period: 2015-07-01 to 2016-06-30
Filed: 2017-05-10
IRS object ID: 201721309349301857
Schema version: 2015v3.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-05-10T09:34:33-07:00	ReturnTs
Tax Period End	2016-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 SOUTH WACKER DRIVE	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60606	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2015-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	362167725	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Art Institute of Chicago	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ARTI	BusinessNameControlTxt
Phone	3124433600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 South Michigan Avenue	AddressLine1Txt
City	Chicago	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60603	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Alison Sowden	PersonNm
Person Title	CFO	PersonTitleTxt
Signature	2017-05-10	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DELOITTE TAX LLP	PreparerPersonNm
PTIN	P00143920	PTIN
Phone	3124861000	PhoneNum

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	$408,858,285	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
All Affiliates Included	false	AllAffiliatesIncludedInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.artic.edu and www.saic.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1879	FormationYr
Legal Domicile State	IL	LegalDomicileStateCd
Activity Or Mission	To found, build, maintain and operate museums, schools, and libraries of art and theatres.	ActivityOrMissionDesc
Voting Members Governing Body	50	VotingMembersGoverningBodyCnt
Voting Members Independent	50	VotingMembersIndependentCnt
Total Employee	3881	TotalEmployeeCnt
Total Volunteers	812	TotalVolunteersCnt
Total Gross UBI	$3,633,411	TotalGrossUBIAmt
PY Contributions Grants	$70,334,380	PYContributionsGrantsAmt
CY Contributions Grants	$112,018,613	CYContributionsGrantsAmt
PY Program Service Revenue	$183,444,132	PYProgramServiceRevenueAmt
CY Program Service Revenue	$193,030,377	CYProgramServiceRevenueAmt
PY Investment Income	$46,616,207	PYInvestmentIncomeAmt
CY Investment Income	$35,771,449	CYInvestmentIncomeAmt
PY Other Revenue	$12,400,511	PYOtherRevenueAmt
CY Other Revenue	$10,520,134	CYOtherRevenueAmt
PY Total Revenue	$312,795,230	PYTotalRevenueAmt
CY Total Revenue	$351,340,573	CYTotalRevenueAmt
PY Grants And Similar Paid	$38,464,886	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$40,251,612	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$111,542,626	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$122,058,323	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$159,161	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$158,833	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$9,359,810	CYTotalFundraisingExpenseAmt
PY Other Expenses	$134,463,834	PYOtherExpensesAmt
CY Other Expenses	$132,624,158	CYOtherExpensesAmt
PY Total Expenses	$284,630,507	PYTotalExpensesAmt
CY Total Expenses	$295,092,926	CYTotalExpensesAmt
PY Revenues Less Expenses	$28,164,723	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$56,247,647	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,504,588,725	TotalAssetsBOYAmt
Total Assets EOY	$1,489,564,148	TotalAssetsEOYAmt
Total Liabilities BOY	$320,631,101	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$318,053,660	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,183,957,624	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,171,510,488	NetAssetsOrFundBalancesEOYAmt
Mission	The purposes for which The Art Institute of Chicago is formed are: to found, build, maintain and operate museums, schools, and libraries of art and theatres; to provide support facilities in connection therewith; to conduct appropriate activities conducive to the artistic development of the region; and to conduct and participate in activities of national and international significance; To form, conserve, research, publish, and exhibit a permanent collection of objects of art of all kinds, to present temporary exhibitions including loaned objects of art of all kinds, and to cultivate and extend the arts by appropriate means; To establish and conduct comprehensive programs of education, including preparation of visual artists, teachers of art, and designers; to provide education services in written, spoken and media formats; To provide lectures, instruction and entertainment, including dramatic, film and musical performances of all kinds, which complement and further the general purposes	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$156,243,893	ExpenseAmt
Grant	$40,251,612	GrantAmt
Revenue	$164,166,036	RevenueAmt
Desc	The School of the Art Institute is an accredited post-secondary institution of higher learning which provides both graduate and undergraduate study. This curriculum provides for the preparation of visual artists, teachers of art, designers, and others in areas that include written, spoken, and media formats. In fiscal year 2016 average academic year full-time-equivalent enrollment of degree-seeking students was 3,072 including international students from 50 countries.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$102,363,700	ExpenseAmt
Revenue	$32,700,145	RevenueAmt
Desc	The Museums mission is to collect, preserve, and interpret works of art of the highest quality from across the globe for the inspiration and education of its visitors. The Museum achieves this through building and stewarding its permanent collection, producing educational programming around the collection, and mounting temporary exhibitions using both its collection and loaned objects from other institutions. Among the exhibitions included in our fiscal year 2016 program were the following: Van Goghs Bedrooms; Gates of the Lord; Martin Puryear; and Making Place: The Architecture of David Adjaye. During fiscal year 2016, the museum served over 1.7 million visitors.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$258,607,593	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	Yes (true)	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	false	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	Yes (true)	FundraisingActivitiesInd
Gaming Activities	Yes (true)	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	Yes (true)	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	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (true)	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	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	940	IRPDocumentCnt
IRP Document W2 G	11	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	3881	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	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Form8282 Filed	0	Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
DAF Excess Business Holdings	false	DAFExcessBusinessHoldingsInd
Taxable Distributions	false	TaxableDistributionsInd
Distribution To Donor	false	DistributionToDonorInd
Org Filed In Lieu Of Form1041	false	OrgFiledInLieuOfForm1041Ind
Licensed More Than One State	false	LicensedMoreThanOneStateInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	50	GoverningBodyVotingMembersCnt
Independent Voting Member	50	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	false	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	Yes (true)	InvestmentInJointVentureInd
Written Policy Or Procedure	Yes (true)	WrittenPolicyOrProcedureInd
States Where Copy Of Return Is Fld	AK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	AL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CO	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	DC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	KS	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	KY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MS	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	ND	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NJ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	UT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	VA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WI	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	Alison Sowden	PersonNm
Phone	3124994263	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 South Michigan Avenue	AddressLine1Txt
City	Chicago	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60603	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (71 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
James N Bay
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Anne Searle Bent
Vice Chairman	1.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
Lisa Buonanno
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Toni Canada
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Lester Coney
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
A Steven Crown
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
William M Daley
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Shawn M Donnelley
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Rebecca Ford Terry
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Jay Franke
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Denise B Gardner
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Sarah Nava Garvey
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Matthew R Gibson
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
James A Gordon
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Kenneth C Griffin
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Joseph Gromacki
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Ann E Grube
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Darrel Hackett
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Caryn Harris
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Stephanie Field Harris
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
John W Jordan II
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Pamela Joyner
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Rita Knox
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Jay Krehbiel
Treasurer	1.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
Paul Lambert
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Eric Lefkofsky
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Robert M Levy
Chairman	1.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
John F Manley
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Joe Mansueto
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Eric T McKissack
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Cary D McMillan
Vice Chairman	1.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
Samuel Mencoff
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Sylvia M Neil
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Cynthia Perucca
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Anne Pramaggiore
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Thomas J Pritzker
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Bob Rennie
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
J Christopher Reyes
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Linda Johnson Rice
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Andrew M Rosenfield
Vice Chairman	1.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
Michael Sacks
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Scott Santi
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Sophia Shaw
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Stephanie Sick
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Prabhakant Sinha
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Marilynn Thoma
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
David J Vitale
Vice Chairman	1.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
Frederick H Waddell
Vice Chairman	1.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
Reeve Waud
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Laura Werner
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
James Rondeau
Pres (frm 2/16)	40.00	0.00		$200,356	$0	$42,466	Yes (X)
Douglas Druick see notes
Pres (to 2/16)	40.00	0.00		$655,880	$0	-$247,507	Yes (X)
Julia Getzels
EVP & Gen Couns	40.00	0.00		$426,237	$0	$110,749	Yes (X)
Alison Sowden
EVP & CFO	40.00	0.00		$353,034	$0	$42,663	Yes (X)
Walter Massey
President, Sch	40.00	0.00		$598,773	$0	$33,715	Yes (X)
David Thurm
COO Museum	40.00	0.00		$466,991	$0	$47,925		Yes (X)
Elissa Tenny
Provost/SVP Acad Affairs	40.00	0.00		$444,002	$0	$41,015		Yes (X)
Elizabeth Grainer
VP of Aux Ops	40.00	0.00		$198,637	$0	$249,497		Yes (X)
Lisa Wainwright
Faculty Dean/VP Acad Admin	40.00	0.00		$239,919	$0	$47,677		Yes (X)
Rose Milkowski
VP for Enrollment Mgmt	40.00	0.00		$204,462	$0	$21,315		Yes (X)
Brian Esker
VP of Finance & Admin SAIC	40.00	0.00		$221,598	$0	$69,919		Yes (X)
Tom Buechele
VP for Campus Operations	40.00	0.00		$187,944	$0	$86,815		Yes (X)
Martha Tedeschi
Deputy Director, Art&Rsch	40.00	0.00		$219,676	$0	$218,219		Yes (X)
Michael Nicolai
VP for Human Resources	40.00	0.00		$205,689	$0	$66,737		Yes (X)
Eve Jeffers
VP for Museum Development	40.00	0.00		$442,116	$0	$47,425		Yes (X)
Jeanne Ladd
VP of Museum Finance	40.00	0.00		$203,333	$0	$127,192		Yes (X)
Gordon Montgomery
VP of Marketing	40.00	0.00		$279,159	$0	$51,458			Yes (X)
Eugene Adams
VP of IS/CIO	40.00	0.00		$212,025	$0	$100,127			Yes (X)
Judith Kirshner
Dpty Dir, Educ	40.00	0.00		$213,305	$0	$83,591			Yes (X)
David Getsy
Prof/Int Dean Grad	40.00	0.00		$200,332	$0	$27,616			Yes (X)
Felice Dublon
VP/Dean St Affairs	40.00	0.00		$192,731	$0	$28,855			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$6,366,199	TotalReportableCompFromOrgAmt
Total Other Compensation	$1,297,469	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	124	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	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
Securitas Security Services USA Inc
4330 Park Terrace Dr	Westlake Village	CA	91361	Security Service	$5,666,794
Able Engineering Services
866 Folsom St	San Francisco	CA	94107	Engineering Services	$3,826,443
MA Mortenson Company
25 Northwest Point BLVD 100	Elk Grove Village	IL	60007	Construction Service	$2,586,844
ABM Janitorial Midwest Inc
180 N LaSalle St 1700	Chicago	IL	60601	Janitorial Services	$2,235,754
Food For Thought
7001 Ridgeway	Lincolnwood	IL	60712	Catering Services	$2,033,830

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	71	CntrctRcvdGreaterThan100KCnt
Membership Dues	$13,645,947	MembershipDuesAmt
Fundraising	$3,722,171	FundraisingAmt
Government Grants	$7,180,842	GovernmentGrantsAmt
All Other Contributions	$87,469,653	AllOtherContributionsAmt
Noncash Contributions	$7,285,617	NoncashContributionsAmt
Total Contributions	$112,018,613	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Member Program Revenues	900099	$1,723,184	$1,723,184
Museum Admissions	900099	$20,007,495	$20,007,495
Other Restricted Prog Rev	900099	$1,668,755	$1,668,755
Proceeds from Sale of Art	900099	$4,080,798	$4,080,798
Tuition and Fees	611600	$161,053,380	$161,053,380

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,496,765	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,496,765	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$193,030,377	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,721,755	TotalRevenueColumnAmt
Exclusion	$6,721,755	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$177,825	TotalRevenueColumnAmt
Exclusion	$177,825	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$3,591,840	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$1,068,196	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$2,523,644	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,523,644	TotalRevenueColumnAmt
Unrelated Business Revenue	$138,111	UnrelatedBusinessRevenueAmt
Exclusion	$2,385,533	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$75,707,838	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$46,658,144	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$29,049,694	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$29,049,694	TotalRevenueColumnAmt
Exclusion	$29,049,694	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$746,653	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$3,722,171	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$1,636,133	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$889,480	TotalRevenueColumnAmt
Exclusion	-$889,480	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$16,160	GamingGrossIncomeAmt
Gaming Direct Expenses	$41,358	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$25,198	TotalRevenueColumnAmt
Exclusion	-$25,198	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$15,444,985	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$8,113,881	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,331,104	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,835,804	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$3,495,300	UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	Other Invest. Inc (Loss)	Desc
Business	900099	BusinessCd
Total Revenue Column	$1,402,239	TotalRevenueColumnAmt
Exclusion	$1,402,239	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,402,239	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$351,340,573	TotalRevenueColumnAmt
Related Or Exempt Func Income	$196,866,181	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$3,633,411	UnrelatedBusinessRevenueAmt
Exclusion	$38,822,368	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

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

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$40,251,612	TotalAmt
Program Services	$40,251,612	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

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

Benefits To Members BenefitsToMembersGrp

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

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$6,328,099	TotalAmt
Program Services	$3,971,239	ProgramServicesAmt
Management And General	$1,902,134	ManagementAndGeneralAmt
Fundraising	$454,726	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

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

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$89,194,585	TotalAmt
Program Services	$76,131,428	ProgramServicesAmt
Management And General	$9,314,857	ManagementAndGeneralAmt
Fundraising	$3,748,300	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$4,884,937	TotalAmt
Program Services	$3,647,582	ProgramServicesAmt
Management And General	$857,739	ManagementAndGeneralAmt
Fundraising	$379,616	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$15,314,458	TotalAmt
Program Services	$12,517,439	ProgramServicesAmt
Management And General	$2,082,630	ManagementAndGeneralAmt
Fundraising	$714,389	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$6,336,244	TotalAmt
Program Services	$5,311,610	ProgramServicesAmt
Management And General	$753,234	ManagementAndGeneralAmt
Fundraising	$271,400	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

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

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$391,045	TotalAmt
Management And General	$391,045	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$369,943	TotalAmt
Management And General	$369,943	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$14,847	TotalAmt
Program Services	$14,847	ProgramServicesAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$158,833	TotalAmt
Fundraising	$158,833	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$2,501,101	TotalAmt
Management And General	$2,501,101	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$16,186,563	TotalAmt
Program Services	$13,300,368	ProgramServicesAmt
Management And General	$1,129,674	ManagementAndGeneralAmt
Fundraising	$1,756,521	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$2,970,106	TotalAmt
Program Services	$2,815,546	ProgramServicesAmt
Fundraising	$154,560	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,779,665	TotalAmt
Program Services	$9,392,263	ProgramServicesAmt
Management And General	$449,635	ManagementAndGeneralAmt
Fundraising	$937,767	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,156,255	TotalAmt
Program Services	$2,103,008	ProgramServicesAmt
Management And General	$996,521	ManagementAndGeneralAmt
Fundraising	$56,726	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$155,940	TotalAmt
Program Services	$155,940	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$22,114,549	TotalAmt
Program Services	$21,311,810	ProgramServicesAmt
Management And General	$702,170	ManagementAndGeneralAmt
Fundraising	$100,569	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$3,939,726	TotalAmt
Program Services	$3,704,745	ProgramServicesAmt
Management And General	$80,566	ManagementAndGeneralAmt
Fundraising	$154,415	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

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

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$449,204	TotalAmt
Program Services	$314,500	ProgramServicesAmt
Management And General	$92,843	ManagementAndGeneralAmt
Fundraising	$41,861	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$10,190,767	TotalAmt
Program Services	$6,676,734	ProgramServicesAmt
Management And General	$3,514,033	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$15,710	TotalAmt
Program Services	$15,710	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$27,981,768	TotalAmt
Program Services	$26,823,276	ProgramServicesAmt
Management And General	$1,158,492	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,018,518	TotalAmt
Program Services	$1,018,518	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Accessions/Books/Other Art	$18,614,577	$18,614,577
Other FF&E and Related Maint	$4,659,860	$4,237,947	$410,037	$11,876
Exhibition Related Expenses	$1,877,589	$1,877,589
Other Program Costs	$1,422,066	$1,304,229	$116,837	$1,000

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,814,359	TotalAmt
Program Services	$3,095,076	ProgramServicesAmt
Management And General	$302,032	ManagementAndGeneralAmt
Fundraising	$417,251	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$295,092,926	TotalAmt
Program Services	$258,607,593	ProgramServicesAmt
Management And General	$27,125,523	ManagementAndGeneralAmt
Fundraising	$9,359,810	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

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

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$17,014,990	BOYAmt
EOY	$8,222,174	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$51,275,171	BOYAmt
EOY	$71,228,009	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,722,661	BOYAmt
EOY	$5,549,738	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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$3,915,727	BOYAmt
EOY	$4,013,470	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$4,870,445	BOYAmt
EOY	$4,481,199	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$6,088,693	BOYAmt
EOY	$5,207,284	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$726,687,991	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$266,843,472	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$467,344,100	BOYAmt
EOY	$459,844,519	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$546,595,234	BOYAmt
EOY	$540,607,052	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$400,770,806	BOYAmt
EOY	$385,580,790	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,990,898	BOYAmt
EOY	$4,829,913	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,504,588,725	BOYAmt
EOY	$1,489,564,148	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$40,948,024	BOYAmt
EOY	$35,112,387	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$20,389,928	BOYAmt
EOY	$20,100,131	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$176,139,601	BOYAmt
EOY	$162,038,817	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$54,000,000	BOYAmt
EOY	$54,000,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$29,153,548	BOYAmt
EOY	$46,802,325	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$320,631,101	BOYAmt
EOY	$318,053,660	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$176,898,403	BOYAmt
EOY	$155,717,157	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$640,541,298	BOYAmt
EOY	$590,045,113	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$366,517,923	BOYAmt
EOY	$425,748,218	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,183,957,624	BOYAmt
EOY	$1,171,510,488	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,504,588,725	BOYAmt
EOY	$1,489,564,148	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$56,247,647	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$51,830,051	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$16,864,732	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)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

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

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Part I: Additional Information

Part I, Line 2 - The Art Institute of Chicago is exempt under two categories listed in Part I, box 2 which describes a school, Section 170(b)(1)(A)(ii) and box 7 which describes an organization that normally receives a substantial part of its support from a governmental unit or from the general public, Section 170(b)(1)(A)(vi). The Art Institute of Chicago has selected box 2, because per instructions only one applicable box should be checked.Schedule A, Part IIDetail for Schedule A, Part IILine 1 - column: (a) 56,738,216; (b) 46,154,437; (c) 76,297,506; (d) 64,644,760; (e) 106,285,789; (f) 350,120,708Line 2 - column: (a) 5,537,103; (b) 5,575,830; (c) 5,613,886; (d) 5,689,620; (e) 5,732,824; (f) 28,149,263Line 4 - column: (a) 62,275,319; (b) 51,730,267; (c) 81,911,392; (d) 70,334,380; (e) 112,018,613; (f) 378,269,971Line 5 - column: (f) 27,206,334Line 6 - column: (f) 351,063,637Line 7 - column: (a) 62,275,319; (b) 51,730,267; (c) 81,911,392; (d) 70,334,380; (e) 112,018,613; (f) 378,269,971Line 8 - column: (a) 10,658,164; (b) 10,073,071; (c) 9,602,085; (d) 9,794,570; (e) 10,339,909; (f) 50,467,799Line 10 - column: (a) 820,392; (b) 902,527; (c) 754,785; (d) 693,874; (e) 762,813;(f) 3,934,391 Line 11 - column: (f) 432,672,161Line 12 - column: (f) 933,999,178Line 14: 81.14%Line 15: 82.60%Line 16a: X

Support Schedule: Other Income Explanation

Other income consists of revenues from fundraising events and gaming activities not included elsewhere.

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 C IRS990ScheduleC

Field	Value	IRS element (for citing)
Form4720 Filed Section4955 Tax	false	Form4720FiledSection4955TaxInd
Correction Made	false	CorrectionMadeInd
Volunteers	false	VolunteersInd
Paid Staff Or Management	false	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
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	Yes (true)	OtherActivitiesInd
Other Activities	$14,847	OtherActivitiesAmt
Total Lobbying Expenditures	$14,847	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind
Form4720 Filed4912 Tax	false	Form4720Filed4912TaxInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part II-B, Line 1i - Other Activities Description	FormAndLineReferenceDesc
Explanation	Line 1g has been answered "yes" because two members of School administration participated in a private colleges meeting between members of the National Association of Independent Colleges and Universities and a U.S. Senator with the intention to seek continued support of private colleges. There were no expenditures made in relation to this meeting. The amount in line 1i represents the Art Institute of Chicago's portion of funds utilized by Museums in the Park for lobbying activities ($13,814) and a good faith estimate of the percentage of membership dues paid to the National Association of Independent Colleges and Universities ($840) and Chicagoland Chamber of Commerce ($193) that supported lobbying. Museums in the Park works with the Chicago Park District, Chicago Public Schools, the City of Chicago, the State of Illinois and other entities to build greater awareness of the intrinsic value of museums.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd
Solicited Assets Sale	false	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$962,156,186	BeginningYearBalanceAmt
Contributions	$85,880,530	ContributionsAmt
Investment Earnings Or Losses	-$15,202,998	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,803,429	GrantsOrScholarshipsAmt
Other Expenditures	$55,602,314	OtherExpendituresAmt
Administrative Expenses	$2,501,101	AdministrativeExpensesAmt
End Year Balance	$970,926,874	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Contributions	$39,741,238	ContributionsAmt
Investment Earnings Or Losses	$32,661,422	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,465,407	GrantsOrScholarshipsAmt
Other Expenditures	$108,323,033	OtherExpendituresAmt
Administrative Expenses	$2,560,693	AdministrativeExpensesAmt
End Year Balance	$962,156,186	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$870,433,675	BeginningYearBalanceAmt
Contributions	$30,936,999	ContributionsAmt
Investment Earnings Or Losses	$149,438,324	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,248,116	GrantsOrScholarshipsAmt
Other Expenditures	$40,800,273	OtherExpendituresAmt
Administrative Expenses	$2,657,950	AdministrativeExpensesAmt
End Year Balance	$1,004,102,659	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$804,735,325	BeginningYearBalanceAmt
Contributions	$6,403,600	ContributionsAmt
Investment Earnings Or Losses	$104,193,471	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,098,618	GrantsOrScholarshipsAmt
Other Expenditures	$39,156,633	OtherExpendituresAmt
Administrative Expenses	$2,643,470	AdministrativeExpensesAmt
End Year Balance	$870,433,675	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$842,590,142	BeginningYearBalanceAmt
Contributions	$13,042,836	ContributionsAmt
Investment Earnings Or Losses	-$7,062,856	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,977,788	GrantsOrScholarshipsAmt
Other Expenditures	$38,205,259	OtherExpendituresAmt
Administrative Expenses	$2,651,750	AdministrativeExpensesAmt
End Year Balance	$804,735,325	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.32000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.44000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.24000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	Yes (true)	EndowmentsHeldRelatedOrgInd
Related Org List Sch R	Yes (true)	RelatedOrgListSchRInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$35,057,096	OtherCostOrOtherBasisAmt
Book Value	$35,057,096	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$58,517,837	OtherCostOrOtherBasisAmt
Depreciation	$26,849,909	DepreciationAmt
Book Value	$31,667,928	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$605,363,985	OtherCostOrOtherBasisAmt
Depreciation	$218,086,568	DepreciationAmt
Book Value	$387,277,417	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$26,551,199	OtherCostOrOtherBasisAmt
Depreciation	$20,709,121	DepreciationAmt
Book Value	$5,842,078	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,197,874	OtherCostOrOtherBasisAmt
Depreciation	$1,197,874	DepreciationAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$459,844,519	TotalBookValueLandBuildingsAmt
Total Book Value Securities	$385,580,790	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
Pension Liability	$42,968,560
Refundable Advances	$3,833,765

Field	Value	IRS element (for citing)
Total Liability	$46,802,325	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$292,449,581	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$51,830,051	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$1,447,030	DonatedServicesAndUseFcltsAmt
Other Revenue	-$16,864,732	OtherRevenueAmt
Revenue Not Reported	-$67,247,753	RevenueNotReportedAmt
Revenue Subtotal	$359,697,334	RevenueSubtotalAmt
Investment Expenses Not Incld	$2,501,101	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	-$10,857,862	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$8,356,761	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$351,340,573	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$304,896,717	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$1,447,030	DonatedServicesUseFcltsAmt
Other Expenses Included	$10,857,862	OtherExpensesIncludedAmt
Expenses Not Reported	$12,304,892	ExpensesNotReportedAmt
Expenses Subtotal	$292,591,825	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$2,501,101	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$2,501,101	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$295,092,926	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o	From Page 8 of the Institute's Audited Financial Statements: "Art Objects and Library Collections - The value of the art objects in the permanent collection, and the holdings of the libraries, are excluded from the Statements of Financial Position. Additions to the permanent collection are made either by gifts, bequests, or through purchases using Institute's acquisition funds. Institute's acquisition funds may be classified as permanently restricted, for which only the income earned on principal balances may be used for acquisitions; temporarily restricted, for which both the principal and earned income may be used for acquisitions; or unrestricted, representing funds designated by the Board to be used for acquisitions.The withdrawal of works of art from the collection of the Institute is performed in accordance with a formal policy adopted in 1975 and last revised in fiscal year 2013. The objects are generally offered for sale at a public auction, and the proceeds from such dispositions are classified as temporarily restricted for the purchase of works of art. All works of art and certain library collections are held for public exhibition, education, or research; they are protected, kept unencumbered, cared for, and preserved; and are subject to strict organizational policies governing their use. The value of the Institute's permanent collection is not subject to reasonable estimation. Therefore, they are not included in the Statements of Financial Position."
Part III, Line 4: Description of organization's collections and how it furthers its purpose.	The Institute's permanent collection consists of art objects as well as the holdings of the libraries. All works of art and certain library collections are held for public exhibition, education, or research in furtherance of the Institute's exempt purpose.
Part V, Line 4: Intended uses of the endowment fund.	The Institute establishes endowment funds for the purpose of investing assets in a manner that preserves the real value of the endowment principal and provides spendable funds that can be used to fulfill the purposes for which the endowments were established. The Institute's Executive Committee of the Board of Trustees determines the method to be used to appropriate endowment funds for expenditure. The Institute's spendable endowment payout formula is a controlled growth distribution formula. Depending upon market conditions and the needs and available resources of the Institute, appropriations for expenditure from individual endowments may be temporarily suspended to facilitate preservation of the endowment or in excess of the spending policy as deemed prudent by the Executive Committee.
Part X : FIN48 Footnote	From Page 11 of the Institute's Audited Financial Statements: "The Institute is a not-for-profit corporation exempt from federal income tax under Section 501(a) of the Internal Revenue Code, as an organization described in Section 501(c)(3); the Institute is similarly exempt from state income taxes. Despite the general exemption from income taxation, the Institute is subject to federal and state income tax at corporate rates on its unrelated business income.Financial Accounting Standards Board Accounting Standards Codification ("ASC") 740, Income Taxes, prescribes a comprehensive model for how an institution should recognize, measure, present, and disclose in its financial statements uncertain tax positions that the institution has taken or expects to take on a tax return. For federal purposes, the Institute has reported federal net operating losses (NOLs) of approximately $7.2 million for tax periods through June 30, 2015. The Institute does not have the ability to estimate the NOL through June 30, 2016, as the NOL calculation is reliant upon third-party information, which is not yet available. These NOLs will expire, if not utilized, between the years 2027 and 2033. The Institute has not recorded a tax benefit for these NOLs for the years ended June 30, 2016 and 2015, respectively, because it is unlikely that the Institute will be able to realize the benefit." The financial statements did not report uncertain tax positions.
Part XII, Line 2d: Other expenses and losses per audited F/S	Cost of Goods Sold $8113881 Rental Expenses $1068195 Special Events $1636133 Raffles $41358 Other Misc Adjustment $-1705

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 (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency	Part I, Line 6a - The Institute receives federal financial aid funding from the Department of Education under the following programs:Federal Pell Grant ProgramFederal Supplemental Educational Opportunity Grants ProgramFederal Work Study Program
Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized	The nondiscriminatory policy is publicized in a variety of materials, including the student bulletin, the course schedule issued each semester, initial marketing material, and the student handbook.
Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
Schedule E, Line 5 - Explanation of Organization Discrimination by Race

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (34 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
EUROPE	PROGRAM SERVICES	EXHIBITIONS	$594,661
NORTH AMERICA	PROGRAM SERVICES	EXHIBITIONS	$31,881
SOUTH ASIA	PROGRAM SERVICES	EXHIBITIONS	$79,231
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	EXHIBITIONS	$130,054
RUSSIA AND THE NEWLY INDEPEND	PROGRAM SERVICES	EXHIBITIONS	$2,150
SOUTH AMERICA	PROGRAM SERVICES	EXHIBITIONS	$1,539
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	EXHIBITIONS	$645
NORTH AMERICA	PROGRAM SERVICES	RESEARCH	$1,934
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	RESEARCH	$26,372
RUSSIA AND THE NEWLY INDEPEND	PROGRAM SERVICES	RESEARCH	$1,036
SOUTH AMERICA	PROGRAM SERVICES	RESEARCH	$2,536
EUROPE	PROGRAM SERVICES	RESEARCH	$87,113
EUROPE	PROGRAM SERVICES	STUDY TRIPS	$244,888
SOUTH ASIA	PROGRAM SERVICES	STUDY TRIPS	$48,238
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	STUDY TRIPS	$10,270
EUROPE	PROGRAM SERVICES	RECRUITING	$19,968
NORTH AMERICA	PROGRAM SERVICES	RECRUITING	$18,399
SOUTH ASIA	PROGRAM SERVICES	RECRUITING	$16,948
EAST ASIA AND THE PACFIC	PROGRAM SERVICES	RECRUITING	$96,772
SOUTH AMERICA	PROGRAM SERVICES	RECRUITING	$12,638
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	RECRUITING	$2,145
EUROPE	PROGRAM SERVICES	CONF, LECTURES, OTHER EDUCAT	$208,497
NORTH AMERICA	PROGRAM SERVICES	CONF, LECTURES, OTHER EDUCAT	$119,628
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	CONF, LECTURES, OTHER EDUCAT	$60,456
SOUTH ASIA	PROGRAM SERVICES	CONF, LECTURES, OTHER EDUCAT	$548
SOUTH AMERICA	PROGRAM SERVICES	CONF, LECTURES, OTHER EDUCAT	$1,946
EUROPE	PROGRAM SERVICES	MEMBER TRAVEL	$8,792
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	MEMBER TRAVEL	$12,129
SOUTH ASIA	PROGRAM SERVICES	MEMBER TRAVEL	$4,208
EUROPE	PROGRAM SERVICES	MARKETING/PUBLIC RELATIONS	$2,898
NORTH AMERICA	PROGRAM SERVICES	MARKETING/PUBLIC RELATIONS	$612
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	MARKETING/PUBLIC RELATIONS	$2,820
CENTRAL AMERICA & CARIBBEAN	PASSIVE INVESTMENTS	N/A	$291,879,917
EUROPE	PASSIVE INVESTMENTS	N/A	$466,791

Field	Value	IRS element (for citing)
Subtotal Spent	$1,300,915	SubtotalSpentAmt
Continuation Spent	$292,897,745	ContinuationSpentAmt
Total Spent	$294,198,660	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	Yes (true)	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

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 (true)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SD&A Teleservs	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5757 W Century	AddressLine1Txt
City	Los Angeles	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90045	ZIPCd

Field	Value	IRS element (for citing)
Activity	Telemarketing	ActivityTxt
Fundraiser Control Of Funds	false	FundraiserControlOfFundsInd
Gross Receipts	$191,803	GrossReceiptsAmt
Retained By Contractor	$158,833	RetainedByContractorAmt
Net To Organization	$32,970	NetToOrganizationAmt

Field	Value	IRS element (for citing)
Total Gross Receipts	$191,803	TotalGrossReceiptsAmt
Total Retained By Contractors	$158,833	TotalRetainedByContractorsAmt
Total Net To Organization	$32,970	TotalNetToOrganizationAmt
Licensed States	IL	LicensedStatesCd
Licensed States	AL	LicensedStatesCd
Licensed States	AK	LicensedStatesCd
Licensed States	CA	LicensedStatesCd
Licensed States	CO	LicensedStatesCd
Licensed States	DC	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	KS	LicensedStatesCd
Licensed States	KY	LicensedStatesCd
Licensed States	MD	LicensedStatesCd
Licensed States	MA	LicensedStatesCd
Licensed States	MI	LicensedStatesCd
Licensed States	MS	LicensedStatesCd
Licensed States	NH	LicensedStatesCd
Licensed States	NJ	LicensedStatesCd
Licensed States	NY	LicensedStatesCd
Licensed States	ND	LicensedStatesCd
Licensed States	OH	LicensedStatesCd
Licensed States	OK	LicensedStatesCd
Licensed States	OR	LicensedStatesCd
Licensed States	SC	LicensedStatesCd
Licensed States	UT	LicensedStatesCd
Licensed States	VA	LicensedStatesCd
Licensed States	WI	LicensedStatesCd
Licensed States	WA	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	SAIC 150th Gala	Event1Nm
Gross Receipts Event1	$1,141,732	GrossReceiptsEvent1Amt
Charitable Contri Event1	$1,039,542	CharitableContriEvent1Amt
Gross Revenue Event1	$102,190	GrossRevenueEvent1Amt
Rent Facility Costs Event1	$7,076	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$84,719	FoodAndBeverageEvent1Amt
Other Direct Expenses Event1	$174,372	OtherDirectExpensesEvent1Amt
Event2	Photography SNAP Gala	Event2Nm
Gross Receipts Event2	$920,568	GrossReceiptsEvent2Amt
Charitable Contri Event2	$709,738	CharitableContriEvent2Amt
Gross Revenue Event2	$210,830	GrossRevenueEvent2Amt
Non Cash Prizes Event2	$250,000	NonCashPrizesEvent2Amt
Rent Facility Costs Event2	$2,891	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$57,260	FoodAndBeverageEvent2Amt
Other Direct Expenses Event2	$68,408	OtherDirectExpensesEvent2Amt
Other Events Total	11	OtherEventsTotalCnt
Gross Receipts Other Events	$2,406,524	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$1,972,891	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$433,633	GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events	$88,659	NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events	$29,243	RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events	$408,177	FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events	$465,328	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$4,468,824	GrossReceiptsTotalAmt
Charitable Contributions Tot	$3,722,171	CharitableContributionsTotAmt
Gross Revenue Total Events	$746,653	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$338,659	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$39,210	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$550,156	FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events	$708,108	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$1,636,133	DirectExpenseSummaryEventsAmt
Net Income Summary	-$889,480	NetIncomeSummaryAmt

Gaming Information GamingInformationGrp

Field	Value	IRS element (for citing)
Volunteer Labor Bingo	false	VolunteerLaborBingoInd
Volunteer Labor Pull Tabs	false	VolunteerLaborPullTabsInd
Gross Revenue Other Gaming	$16,160	GrossRevenueOtherGamingAmt
Oth Direct Expnss Other Gaming	$41,358	OthDirectExpnssOtherGamingAmt
Volunteer Labor Other Gaming	Yes (true)	VolunteerLaborOtherGamingInd
Volunteer Labor Other Gaming	1.00000	VolunteerLaborOtherGamingPct
Gross Revenue Total Gaming	$16,160	GrossRevenueTotalGamingAmt
Oth Direct Expnss Total Gaming	$41,358	OthDirectExpnssTotalGamingAmt
Direct Expense Summary Gaming	$41,358	DirectExpenseSummaryGamingAmt
Net Gaming Income Summary	-$25,198	NetGamingIncomeSummaryAmt

Field	Value	IRS element (for citing)
States Where Gaming Conducted	IL	StatesWhereGamingConductedCd
Licensed	Yes (true)	LicensedInd
License Suspended Etc	false	LicenseSuspendedEtcInd
Gaming With Nonmembers	Yes (true)	GamingWithNonmembersInd
Member Of Other Entity	false	MemberOfOtherEntityInd
Gaming Own Facility	0.67000	GamingOwnFacilityPct
Gaming Other Facility	0.33000	GamingOtherFacilityPct

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	Alison Sowden	BusinessNameLine1Txt

Persons With Books US Address PersonsWithBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 South Michigan Avenue	AddressLine1Txt
City	Chicago	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60603	ZIPCd

Field	Value	IRS element (for citing)
Cntrct With3rd Prty For Game Rev	false	CntrctWith3rdPrtyForGameRevInd
Gaming Manager Services Prov	See Part IV	GamingManagerServicesProvTxt
Charitable Distribution Rqr	false	CharitableDistributionRqrInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	STM01	FormAndLineReferenceDesc
Explanation	Part I, Line 2b(i)1(v):AIC pays fundraising consultant fees at a stated rate per contact and other administrative costs such as postage, printing, and office overhead. $98,476 was paid for professional services fees and $60,357 was paid for administrative costs.Part III, Line 16:No employee is compensated as gaming manager. Individuals listed as gaming manager on line 16 are responsible for the record-keeping of events that have a gaming component.	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd
Total501c3 Org	0	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
Student Scholarships and Stipends	3373	$40,136,732	N/A	N/A
Faculty Enrichment Grants	16	$114,880	N/A	N/A

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Grantmaker's Description of How Grants are Used	FormAndLineReferenceDesc
Explanation	Scholarships and stipends are available to undergraduate students and graduate students through the admissions process. Once awarded, depending on the type of aid, payment is credited to either the student account or directly to the student. All payments are monitored and approved by the Financial Services department before payment is applied or paid to the student. All students receiving scholarships and stipends have been selected on a non-discriminatory basis.Faculty enrichment grant opportunities are available to full-time and part-time faculty teaching in a degree program. Selections are based on the merit of the proposal and reviewed by members of a selection committee. Payments are monitored by the Dean's office and all payments are approved by the Vice Provost and School Finance department before payment is made.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Travel For Companions	Yes (X)	TravelForCompanionsInd
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
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
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	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (true)	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
Rebuttable Presumption Proc	false	RebuttablePresumptionProcInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (21 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt
Alison Sowden
EVP & CFO	$333,454	$19,580	$23,850	$18,813	$395,697
Brian Esker
VP of Finance & Admin SAIC	$203,116	$18,482	$59,000	$10,919	$291,517
David Getsy
Prof/Int Dean Grad	$190,800	$9,532	$18,156	$9,460	$227,948
David Thurm
COO Museum	$425,095	$41,896	$23,850	$24,075	$514,916
Douglas Druick see notes
Pres (to 2/16)	$516,338	$139,542	-$269,000	$21,493	$408,373
Elissa Tenny
Provost/SVP Acad Affairs	$300,695	$23,307	$23,850	$17,165	$485,017	$120,000	$85,712
Elizabeth Grainer
VP of Aux Ops	$197,437	$1,200	$239,000	$10,497	$448,134
Eugene Adams
VP of IS/CIO	$210,014	$2,011	$73,000	$27,127	$312,152
Eve Jeffers
VP for Museum Development	$414,509	$27,607	$23,850	$23,575	$489,541
Felice Dublon
VP/Dean St Affairs	$182,737	$9,994	$17,463	$11,392	$221,586
Gordon Montgomery
VP of Marketing	$265,832	$13,327	$23,850	$27,608	$330,617
James Rondeau
Pres (frm 2/16)	$200,083	$273	$35,000	$7,466	$242,822
Jeanne Ladd
VP of Museum Finance	$182,508	$20,825	$107,000	$20,192	$330,525
Judith Kirshner
Dpty Dir, Educ	$202,346	$10,959	$82,604	$987	$296,896
Julia Getzels
EVP & Gen Couns	$361,907	$64,330	$84,000	$26,749	$536,986
Lisa Wainwright
Faculty Dean/VP Acad Admin	$238,899	$1,020	$22,324	$25,353	$287,596
Martha Tedeschi
Deputy Director, Art&Rsch	$217,659	$2,017	$193,000	$25,219	$437,895
Michael Nicolai
VP for Human Resources	$185,709	$19,980	$40,000	$26,737	$272,426
Rose Milkowski
VP for Enrollment Mgmt	$204,180	$282	$18,604	$2,711	$225,777
Tom Buechele
VP for Campus Operations	$186,644	$1,300	$63,000	$23,815	$274,759
Walter Massey
President, Sch	$555,121	$43,652	$33,703	$12	$632,488

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Part I, Line 1a: Relevant information in regards to selections on 1a.

First class travel is allowed under limited circumstances as set forth in the travel policy. The Presidents of the Museum and the School are allowed to have their partners accompany them on business trips if their presence is necessary for a specific, bona fide purpose of the Institute. The President of the School's employment contract allows for reimbursement for up to $5,000 annually for fees and membership dues for athletic, social, or other clubs used for personal, non-business purposes. The annual amounts reimbursed are reported as taxable compensation.The Provost/Senior Vice President for Academic Affairs received payment for tuition assistance. The tuition assistance was grossed-up for applicable taxes. The tuition assistance and gross-up were both addressed in the individual employment contract.

Part III, Additional Information

Part II, Line 2- The negative amount shown in Column C represents a decrease in the actuarial valuation of defined benefit pension plan benefits. The prior year calculation was based on assumptions derived from actuarial estimates. The current year calculation uses known factors for retirement date, method of payment, and other elections. The current known factors have resulted in a decrease in the previously calculated benefit.

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
IL Finance Authority
A	861091967	45200FVM8	2009-03-26	$139,158,000	Constr./Renov. Museum Facil.	false	false	false
IL Finance Authority
B	861091967	45200F3N7	2010-06-09	$113,537,854	See Part VI	false	false	false
IL Finance Authority
C	861091967	45203HMP4	2012-10-18	$66,292,422	See Part VI	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Current RefundingCurrentRefundingInd	Advance RefundingAdvanceRefundingInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	In Reserve FundInReserveFundAmt
A	$80,000,000	$139,158,000	$139,158,000	2009	false	false	Yes (true)	Yes (true)
B	$60,595,000	$113,537,854			Yes (true)	Yes (true)	Yes (true)	Yes (true)	$5,986	$113,531,868
C	$24,955,000	$66,292,422			false	Yes (true)	Yes (true)	Yes (true)		$66,292,422	$3,545,024

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	Private Bus Use By OthersPrivateBusUseByOthersPct	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	0.00000	0.00000	0.00000	false	false	Yes (true)
C	false	false	false	false	0.00000	0.00000	0.00000	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	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
NA
A	false	false	Yes (true)	false	false	false	NA	false	Yes (true)
NA
B	false	false	false	Yes (true)	false	false	NA	false	Yes (true)
NA
C	false	Yes (true)	false	false	false	false	NA	Yes (true)	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

Field	Value	IRS element (for citing)
Form And Line Reference	Part VI	FormAndLineReferenceDesc
Explanation	Part I, Line B, Column(f)-Description of Purpose-Refund 10/15/1992 Bonds, Refund 2/23/1995 Bonds, Refund 3/27/1996 Bonds, and Advance Refund Portion of 2/9/2000 Series 2000A Bonds. Part I, Line C, Column(f)-Description of Purpose-Advance Refund Portions of 3/18/1998 Series 1998A Bonds, 2/9/2000 Series 2000A Bonds, 7/9/2003 Series 2003A Bonds, and 5/20/2010 Series 2010B Bonds.Part II, Lines 9 and 11, Column B - These amounts differ slightly from what was shown on the 8038 Form that was filed for the bonds. Part IV, Line 2c, Column B- Based on the rebate computation completed on 7/24/2015, no rebate is due.Part IV, Line 3, Column A- A portion of the Series 2009 Bonds were originally variable rate as shown on the 8038 Form; however, this variable rate portion has been refunded, so the remaining bonds are fixed rate.Part IV, Line 6, Column B - This question is being answered without regard to yield-restricted advance refunding escrow financed with proceeds of the bonds.Part IV, Line 6, Column C - Such amounts were appropriately yield-restricted.	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	Peter Haratonik	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	Family, Elissa Tenny	RelationshipDescriptionTxt
Transaction	$15,076	TransactionAmt
Transaction	Faculty Pay	TransactionDesc
Sharing Of Revenues	false	SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	476	ContributionCnt
Method Of Determining Revenues	See Part II	MethodOfDeterminingRevenuesTxt

Art Fractional Interest ArtFractionalInterestGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Method Of Determining Revenues	See Part II	MethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$10,769	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	121	ContributionCnt
Noncash Contributions Rpt F990	$6,854,161	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	Dept'l Supplies	18	$40,670	FMV
Yes (X)	Special Events	241	$380,017	FMV

Field	Value	IRS element (for citing)
Form8283 Received	38	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (true)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Part I, Line 32, Hire and Use of Third Parties	The Institute utilizes its investment custodian Northern Trust to receive and sell stock gifts made to the organization.
Part I, Line 33, Revenues Not Reported	The Institute does not capitalize its collection items nor report contributions of collection items as revenue as permitted under generally accepted accouting principles.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et	A business relationship exists between Officer Walter E. Massey and Trustee Cary D. McMillan. Business relationships exist between the following Trustees: Thomas J. Pritzker and Matthew Gibson; Thomas J. Pritzker and Cary D. McMillan; Kenneth C. Griffin and James A. Gordon; A. Steven Crown and Robert M. Levy; Jay Frederick Krehbiel and D. Vitale; Reeve Waud and Cary McMillan; S. Garvey and E. McKissack. A family relationship exists between Caryn Harris and Stephanie Field Harris.
Form 990, Part VI, Line 11b: Form 990 Review Process	The 990 is prepared internally by the Institute's Accounting Office and reviewed in detail by the CFO and an independent professional accounting firm. The Institute's management confers with legal and bond counsel as needed to complete the tax filing.A full version of the Form 990 is presented to and reviewed by the Institute's Audit Committee for comment, with the single exception that the Schedule B, Schedule of Contributors, is redacted to omit the names and addresses of the individual contributors to preserve donor anonymity. An unmodified version of the complete 990 is reviewed by the Audit Committee Chair. Any questions or concerns identified by the Audit Committee are addressed and all appropriate changes are incorporated into the Form 990. After all input has been addressed, the final public disclosure version of the 990 is distributed to all voting members of the Institute's board of Trustees prior to filing with the IRS. After the final version of the Form 990 has been distributed, management and staff file the final Form 990 as required.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	Under the Institute's Conflict of Interest Policy, all members of the Board of Trustees, Board of Governors, and Standing and Advisory Committees, and all officers and assistant officers of the Institute (collectively known as Related Parties) must act in the best interests of the Institute, without regard to their business, family, or personal activities and concerns. If a Related Party believes he or she has an actual or potential financial conflict of interest, the Related Party shall immediately disclose such conflict to the Chairman of the Board and to the Institutes General Counsel. The Related Party may not vote on, approve, or recommend any action or matter in which he or she has an actual or potential conflict of interest. The Related Party shall not be counted for purposes of determining whether there is a quorum. Financial interests or other activities that would constitute a conflict of interest if undertaken by a Related Party also constitute a conflict of interest if undertaken by an immediate family member of the Related Party and must be disclosed by the Related Party. The policy is distributed annually to all Related Parties. All voting Trustees, members of the Board of Governors, members of standing committees, Officers, and Vice Presidents are required to attest annually to their familiarity with this policy and to provide any information the Institute deems relevant concerning any possible conflicts of interest. The annual conflict of interest replies are logged and monitored by the Institutes General Counsel's office.
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	The Institute's Executive Committee, composed entirely of independent Trustees, approves compensation for the President and Director of the Museum and for the President of the School. The Institute's Compensation and Benefits Committee, also composed entirely of independent Trustees, approves compensation for other employed officers and for certain key employees. The two committees use the following process in considering compensation. The Institute's outside compensation expert prepares a written compensation analysis report for each person whose compensation is to be presented to either the Executive Committee or the Compensation and Benefits Committee. That report includes information such as a valuation of the proposed total remuneration, comparison data on total remuneration provided by similar institutions for similar services, an analysis of how the proposed remuneration compares to competitive practice, and conclusions on the competitive reasonableness of the proposed compensation. The report is provided to the Committee in advance of the meeting. The Committee may also receive other written materials relevant to compensation, such as performance evaluations.At the meeting, the compensation expert and/or the Institute's Vice President for Human Resources reviews the compensation analysis report with the Committee. The Committee also receives input from officers and Trustees on the performance of the persons being reviewed. Committee deliberations and decisions on compensation are documented in contemporaneous meeting minutes. In the case of the President and Director of the Museum and the President, the Provost, and the Dean of Faculty of the School, the decisions may be reflected in employment contracts as well.For key employees whose compensation is not reviewed and approved by the Compensation and Benefits Committee, their compensation is generally based on independent salary surveys typically conducted at the time of hire and maintained by the Institute's Human Resources Department and is decided by the employee's supervisor based on factors such as experience and performance.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	The Institute's governing documents are available to the public via written request to the Institute and in addition, in part through applicable governmental agencies. The Institute's financial statements are available to the public via the Institute's own website, via the Illinois Attorney General's website and upon written request. The conflict of interest policy is available to the public upon written request to the Institute.
Other Changes In Net Assets Or Fund Balances - Other Decreases	Pension Related Changes other than Net Periodic Pension Cost = -$16864732
Form 990, Part V, Line 7g	The Institute is not required to file Form 8899. The Institute receives contributions of intellectual property from time to time, however, the type of property contributed does not meet the definition of "qualified intellectual property" for Form 8899 filing purposes.
Form 990, Part VII Officers Compensation	The negative amount shown in Column F represents a decrease in the actuarial valuation of defined benefit pension plan benefits. The prior year calculation was based on assumptions derived from actuarial estimates. The current year calculation uses known factors for retirement date, method of payment, and other elections. The current known factors have resulted in a decrease in the previously calculated benefit.
Form 990, Part VII, Line 1a, Column B	The amount of hours per week devoted to position has been noted as 1 hour for all Trustees. The amount of actual hours per week devoted by each Trustee varies depending on the position held and the committees the Trustee devotes time to.
Schedule B, Special Rules, Box 1	The Art Institute of Chicago is exempt under two categories listed in Schedule A Part I, box 2 which describes a school, section 170(b)(1)(A)(ii) and box 7 which describes an organization that normally receives a substantial part of its support from a governmental unit or from the general public, Section 170(b)(1)(A)(vi).The Art Institute of Chicago has selected box 2, because per instructions only one applicable box should be checked. Because the Institute is also exempt under Schedule A Part I box 7, Schedule B Parts I and II have been completed under the Special Rules Box 1 as the Institute has met the 33 1/3% support test of the regulations under sections 509(a)(1)/170(b)(1)(A)(vi).
Schedule L, Part IV, Business Transactions Involving Interested Person	A family member of Key Employee Elissa Tenny was compensated $15,076 as a faculty member in fiscal year 2016.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (9 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
AICCB LLC
111 South Michigan Avenue	Chicago	IL	60603	205052348	Investments	DE	$521,550	$2,700,000	The Art Institute of Chicago
AICGS LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	$641,298	$3,075,000	The Art Institute of Chicago
AICHP LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	$3,922	$942,252	The Art Institute of Chicago
AIC AA LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	$757,864	$3,149,530	The Art Institute of Chicago
AIC AX LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	$450,243	$1,440,313	The Art Institute of Chicago
AIC BLK LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	$1,057,393	$5,791,164	The Art Institute of Chicago
AIC MS SS LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE		$2,171,911	The Art Institute of Chicago
AIC GS MEZZ LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	$165,248	$862,000	The Art Institute of Chicago
AIC Ventures LLC
111 South Michigan Avenue	Chicago	IL	60603	900708171	Consulting	IL			The Art Institute of Chicago

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd	EINEIN	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct
Perpetual Trusts
Held by Third Parties 7	Chicago	IL	60603	Fundraising	IL	Art Inst of Chicago	Trust	Yes (true)
Charitable Remainder
Trust 1	Chicago	IL	60603	Fundraising	IL	Art Inst of Chicago	Trust	Yes (true)
AIC - PP Inc
				Investments		Art Inst of Chicago	C corp	Yes (true)	190 Elgin Avenue	George Town	CJ	KY1-9005	980574645	CJ	$800,515	$1	1.00000

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	false	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	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (true)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	Yes (true)	TransferToOtherOrgInd
Transfer From Other Org	Yes (true)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	AIC - PP Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transaction Type	s	TransactionTypeTxt
Involved	$800,515	InvolvedAmt
Method Of Amount Determination	FMV	MethodOfAmountDeterminationTxt