ART INSTITUTE OF CHICAGO: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: ART INSTITUTE OF CHICAGO (EIN 36-2167725)
Tax period: 2014-07-01 to 2015-06-30
Filed: 2016-05-12
IRS object ID: 201611339349304661
Schema version: 2014v6.0
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 M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-05-12T13:19:40-07:00	ReturnTs
Tax Period End	2015-06-30	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	606064301	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-07-01	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	2016-05-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DELOITTE TAX LLP	PreparerPersonNm
PTIN	P00855604	PTIN
Phone	3124861000	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-08-17 19:52:53Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	$406,324,533	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	51	VotingMembersGoverningBodyCnt
Voting Members Independent	51	VotingMembersIndependentCnt
Total Employee	3676	TotalEmployeeCnt
Total Volunteers	700	TotalVolunteersCnt
Total Gross UBI	$3,200,905	TotalGrossUBIAmt
PY Contributions Grants	$81,911,392	PYContributionsGrantsAmt
CY Contributions Grants	$70,334,380	CYContributionsGrantsAmt
PY Program Service Revenue	$183,269,958	PYProgramServiceRevenueAmt
CY Program Service Revenue	$183,444,132	CYProgramServiceRevenueAmt
PY Investment Income	$37,657,861	PYInvestmentIncomeAmt
CY Investment Income	$46,616,207	CYInvestmentIncomeAmt
PY Other Revenue	$12,502,616	PYOtherRevenueAmt
CY Other Revenue	$12,400,511	CYOtherRevenueAmt
PY Total Revenue	$315,341,827	PYTotalRevenueAmt
CY Total Revenue	$312,795,230	CYTotalRevenueAmt
PY Grants And Similar Paid	$35,470,652	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$38,464,886	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$104,927,088	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$111,542,626	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$126,228	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$159,161	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$7,953,437	CYTotalFundraisingExpenseAmt
PY Other Expenses	$128,743,586	PYOtherExpensesAmt
CY Other Expenses	$134,463,834	CYOtherExpensesAmt
PY Total Expenses	$269,267,554	PYTotalExpensesAmt
CY Total Expenses	$284,630,507	CYTotalExpensesAmt
PY Revenues Less Expenses	$46,074,273	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$28,164,723	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,542,543,535	TotalAssetsBOYAmt
Total Assets EOY	$1,504,588,725	TotalAssetsEOYAmt
Total Liabilities BOY	$349,184,034	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$320,631,101	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,193,359,501	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,183,957,624	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	$145,464,862	ExpenseAmt
Grant	$38,464,886	GrantAmt
Revenue	$160,890,742	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 2015 average academic year full-time-equivalent enrollment of degree-seeking students was 3,126 including international students from 54 countries.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$105,439,895	ExpenseAmt
Revenue	$26,969,324	RevenueAmt
Desc	The Museum provides a variety of educational programs focusing on the collection, conservation, research, publication, exhibition, and interpretation of the museum's internationally significant permanent collection of art. The museum also presents temporary exhibitions of international importance, which include loaned objects from other collections. Among the exhibitions included in our fiscal year 2015 program were the following: Magritte: The Mystery of the Ordinary; Josef Koudelka: Nationality Doubtful; Heaven and Earth: Art of Byzantium from Greek Collections; and Ireland: Crossroads of Art and Design, 1690-1840. During fiscal year 2015, the museum served 1.5 million visitors.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$250,904,757	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	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln 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	871	IRPDocumentCnt
IRP Document W2 G	16	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	3676	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	51	GoverningBodyVotingMembersCnt
Independent Voting Member	51	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 (70 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)
Todd C Brown
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Lisa Buonanno
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
Janet Duchossois
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Fred Eychaner
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
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
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Eric Lefkofsky
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Lawrence Levy
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
Robert M Levy
Chairman, new	1.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
Timothy P Maloney
Trustee	1.00	0.00	Yes (X)	$0	$0	$0
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
Nancy McDougal
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
Dustin O'Regan
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
Chairman,former	1.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
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
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
Byron D Trott
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
Treasurer	1.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
Douglas Druick
Pres & Dir, Mus	40.00	0.00		$637,169	$0	$742,044	Yes (X)
Julia Getzels
EVP & Gen Couns	40.00	0.00		$390,559	$0	$141,785	Yes (X)
Alison Sowden
EVP & CFO	40.00	0.00		$238,363	$0	$42,447	Yes (X)
Walter Massey
President, Sch	40.00	0.00		$565,713	$0	$23,915	Yes (X)
David Thurm
COO Museum	40.00	0.00		$476,153	$0	$46,365		Yes (X)
Elissa Tenny
Provost/SVP Acad Affairs	40.00	0.00		$317,999	$0	$75,078		Yes (X)
Elizabeth Grainer
VP of Aux Ops	40.00	0.00		$194,012	$0	$153,584		Yes (X)
Lisa Wainwright
Faculty Dean/VP Acad Admin	40.00	0.00		$234,970	$0	$42,879		Yes (X)
Rose Milkowski
VP for Enrollment Mgmt	40.00	0.00		$195,756	$0	$20,882		Yes (X)
Brian Esker
VP of Finance and Admin SAIC	40.00	0.00		$212,501	$0	$86,284		Yes (X)
Tom Buechele
VP for Campus Operations	40.00	0.00		$183,495	$0	$87,705		Yes (X)
Martha Tedeschi
Deputy Director for Art & Research	40.00	0.00		$197,585	$0	$192,125		Yes (X)
Michael Nicolai
VP for Human Resources	40.00	0.00		$209,551	$0	$71,334		Yes (X)
Eve Jeffers
VP for Museum Development	40.00	0.00		$422,745	$0	$45,865		Yes (X)
Gordon Montgomery
VP of Marketing	40.00	0.00		$271,657	$0	$49,809			Yes (X)
Eugene Adams
VP of IS/CIO	40.00	0.00		$206,252	$0	$123,759			Yes (X)
Judith Kirshner
Dpty Dir, Educ	40.00	0.00		$207,628	$0	$16,532			Yes (X)
Patricia Lawson
Controller	40.00	0.00		$254,358	$0	$67,764			Yes (X)
Dorothy Schroeder
VP, Exhibitions	40.00	0.00		$211,036	$0	$333,154			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,627,502	TotalReportableCompFromOrgAmt
Total Other Compensation	$2,363,310	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	108	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
Twin Eagle Management
8847 S Sam Houston Parkway N	Houston	TX	77040	Environmental Servic	$2,162,076
US Equities Asset Mgmt
20 N Michigan Ave 400	Chicago	IL	60602	Bldg Maint Services	$1,051,250
Eagle Capital Management LLC
499 Park Ave 17	New York	NY	10022	Financial Services	$390,578
Ragnar Benson
250 S Northwest Hwy	Park Ridge	IL	60068	Construction Service	$331,550
DevBridge Group LLC
1659 W Hubbard	Chicago	IL	60622	Technology Consult	$328,557

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	17	CntrctRcvdGreaterThan100KCnt
Membership Dues	$13,138,729	MembershipDuesAmt
Fundraising	$3,554,239	FundraisingAmt
Government Grants	$6,055,722	GovernmentGrantsAmt
All Other Contributions	$47,585,690	AllOtherContributionsAmt
Noncash Contributions	$11,634,941	NoncashContributionsAmt
Total Contributions	$70,334,380	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Member Program Revenues	900099	$1,473,089	$1,473,089
Museum Admissions	900099	$14,842,471	$14,842,471
Other Restricted Prog Rev	900099	$1,824,533	$1,824,533
Proceeds from Sale of Art	900099	$3,435,927	$3,435,927
Tuition and Fees	611600	$157,659,929	$157,659,929

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,208,183	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,208,183	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$183,444,132	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,559,507	TotalRevenueColumnAmt
Exclusion	$6,559,507	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	$157,270	TotalRevenueColumnAmt
Exclusion	$157,270	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$3,176,637	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$1,073,402	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$2,103,235	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,103,235	TotalRevenueColumnAmt
Unrelated Business Revenue	$98,844	UnrelatedBusinessRevenueAmt
Exclusion	$2,004,391	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$123,549,269	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$83,492,569	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$40,056,700	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$40,056,700	TotalRevenueColumnAmt
Exclusion	$40,056,700	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$667,829	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$3,554,239	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$1,783,826	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$1,115,997	TotalRevenueColumnAmt
Exclusion	-$1,164,975	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$26,045	GamingGrossIncomeAmt
Gaming Direct Expenses	$65,136	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$39,091	TotalRevenueColumnAmt
Exclusion	-$39,091	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$14,632,364	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$7,114,370	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,517,994	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,415,933	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$3,102,061	UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	Other Invest. Inc (Loss)	Desc
Business	900099	BusinessCd
Total Revenue Column	$3,777,100	TotalRevenueColumnAmt
Exclusion	$3,777,100	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$3,777,100	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$312,795,230	TotalRevenueColumnAmt
Related Or Exempt Func Income	$187,860,065	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$3,200,905	UnrelatedBusinessRevenueAmt
Exclusion	$51,350,902	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	$38,464,886	TotalAmt
Program Services	$38,464,886	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	$6,270,902	TotalAmt
Program Services	$3,871,730	ProgramServicesAmt
Management And General	$1,929,643	ManagementAndGeneralAmt
Fundraising	$469,529	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	$83,467,176	TotalAmt
Program Services	$70,639,159	ProgramServicesAmt
Management And General	$9,253,656	ManagementAndGeneralAmt
Fundraising	$3,574,361	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$531,093	TotalAmt
Program Services	$281,232	ProgramServicesAmt
Management And General	$126,536	ManagementAndGeneralAmt
Fundraising	$123,325	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$15,302,963	TotalAmt
Program Services	$12,604,090	ProgramServicesAmt
Management And General	$1,994,807	ManagementAndGeneralAmt
Fundraising	$704,066	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$5,970,492	TotalAmt
Program Services	$4,986,214	ProgramServicesAmt
Management And General	$726,563	ManagementAndGeneralAmt
Fundraising	$257,715	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	$742,064	TotalAmt
Management And General	$742,064	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$531,784	TotalAmt
Management And General	$531,784	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$13,560	TotalAmt
Program Services	$13,560	ProgramServicesAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$159,161	TotalAmt
Fundraising	$159,161	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$2,560,693	TotalAmt
Management And General	$2,560,693	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$15,152,119	TotalAmt
Program Services	$13,130,683	ProgramServicesAmt
Management And General	$855,177	ManagementAndGeneralAmt
Fundraising	$1,166,259	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$2,776,990	TotalAmt
Program Services	$2,755,472	ProgramServicesAmt
Fundraising	$21,518	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,543,728	TotalAmt
Program Services	$9,195,678	ProgramServicesAmt
Management And General	$475,730	ManagementAndGeneralAmt
Fundraising	$872,320	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$2,836,775	TotalAmt
Program Services	$1,851,636	ProgramServicesAmt
Management And General	$952,233	ManagementAndGeneralAmt
Fundraising	$32,906	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$187,561	TotalAmt
Program Services	$187,561	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$21,489,830	TotalAmt
Program Services	$20,680,128	ProgramServicesAmt
Management And General	$698,020	ManagementAndGeneralAmt
Fundraising	$111,682	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$3,880,085	TotalAmt
Program Services	$3,639,537	ProgramServicesAmt
Management And General	$69,711	ManagementAndGeneralAmt
Fundraising	$170,837	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	$336,439	TotalAmt
Program Services	$237,785	ProgramServicesAmt
Management And General	$66,229	ManagementAndGeneralAmt
Fundraising	$32,425	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$11,594,595	TotalAmt
Program Services	$8,488,268	ProgramServicesAmt
Management And General	$3,106,327	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$18,980	TotalAmt
Program Services	$18,980	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$27,196,166	TotalAmt
Program Services	$26,163,948	ProgramServicesAmt
Management And General	$1,032,218	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,442,037	TotalAmt
Program Services	$1,442,037	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Accessions/Books/Other Art	$15,711,636	$15,711,636
Other Nonoperating Expenditure	$8,000,000	$8,000,000
Other FF&E and Related Maint	$4,516,445	$4,096,688	$398,238	$21,519
Exhibition Related Expenses	$1,947,661	$1,947,661

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,984,686	TotalAmt
Program Services	$2,496,188	ProgramServicesAmt
Management And General	$252,684	ManagementAndGeneralAmt
Fundraising	$235,814	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$284,630,507	TotalAmt
Program Services	$250,904,757	ProgramServicesAmt
Management And General	$25,772,313	ManagementAndGeneralAmt
Fundraising	$7,953,437	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	$16,188,728	BOYAmt
EOY	$17,014,990	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$51,574,077	BOYAmt
EOY	$51,275,171	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,577,598	BOYAmt
EOY	$4,722,661	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	$3,932,311	BOYAmt
EOY	$3,915,727	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$5,480,491	BOYAmt
EOY	$4,870,445	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$5,676,841	BOYAmt
EOY	$6,088,693	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$705,696,974	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$238,352,874	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$454,132,724	BOYAmt
EOY	$467,344,100	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$585,728,113	BOYAmt
EOY	$546,595,234	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$412,296,150	BOYAmt
EOY	$400,770,806	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	$1,956,502	BOYAmt
EOY	$1,990,898	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,542,543,535	BOYAmt
EOY	$1,504,588,725	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$32,846,583	BOYAmt
EOY	$40,948,024	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$20,993,964	BOYAmt
EOY	$20,389,928	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$282,999,736	BOYAmt
EOY	$230,139,601	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$12,343,751	BOYAmt
EOY	$29,153,548	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$349,184,034	BOYAmt
EOY	$320,631,101	EOYAmt

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

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$183,571,905	BOYAmt
EOY	$176,898,403	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$658,670,382	BOYAmt
EOY	$640,541,298	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$351,117,214	BOYAmt
EOY	$366,517,923	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,193,359,501	BOYAmt
EOY	$1,183,957,624	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,542,543,535	BOYAmt
EOY	$1,504,588,725	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$28,164,723	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$17,779,818	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$19,786,782	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

Support Schedule: Other Income Explanation

Fundraising events and gaming activities not included elsewhere

Support Schedule: Additional Supplemental 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) 73,773,796; (b) 56,738,216; (c) 46,154,437; (d) 76,297,506; (e) 64,644,760; (f) 317,608,715Line 2 - column: (a) 6,137,801; (b) 5,537,103; (c) 5,575,830; (d) 5,613,886; (e) 5,689,620; (f) 28,554,240Line 4 - column: (a) 79,911,597; (b) 62,275,319; (c) 51,730,267; (d) 81,911,392; (e) 70,334,380; (f) 346,162,955Line 5 - column: (f) 16,214,697Line 6 - column: (f) 329,948,258Line 7 - column: (a) 79,911,597; (b) 62,275,319; (c) 51,730,267; (d) 81,911,392; (e) 70,334,380; (f) 346,162,955Line 8 - column: (a) 9,224,506; (b) 10,658,164; (c) 10,073,071; (d) 9,602,085; (e) 9,794,570; (f) 49,352,396Line 10 - column: (a) 764,224; (b) 820,392; (c) 902,527; (d) 754,785; (e) 693,874; (f) 3,935,802Line 11 - column: (f) 399,451,153Line 12 - column: (f) 959,044,821Line 14: 82.60%Line 15: 82.13%Line 16a: X

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	$14,394	OtherActivitiesAmt
Total Lobbying Expenditures	$14,394	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 ($13,560) and a good faith estimate of the percentage of membership dues paid to the National Association of Independent Colleges and Universities ($834) that supported lobbying.	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)
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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$663,913,585	BeginningYearBalanceAmt
Contributions	$67,894,964	ContributionsAmt
Investment Earnings Or Losses	$151,400,848	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,082,178	GrantsOrScholarshipsAmt
Other Expenditures	$35,698,555	OtherExpendituresAmt
Administrative Expenses	$1,838,522	AdministrativeExpensesAmt
End Year Balance	$842,590,142	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.34000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.38000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.28000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (true)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd
Related Org List Sch R	false	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	$25,557,195	DepreciationAmt
Book Value	$32,960,642	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$587,493,161	OtherCostOrOtherBasisAmt
Depreciation	$193,010,193	DepreciationAmt
Book Value	$394,482,968	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$23,400,756	OtherCostOrOtherBasisAmt
Depreciation	$18,563,367	DepreciationAmt
Book Value	$4,837,389	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,228,124	OtherCostOrOtherBasisAmt
Depreciation	$1,222,119	DepreciationAmt
Book Value	$6,005	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$467,344,100	TotalBookValueLandBuildingsAmt
Total Book Value Securities	$400,770,806	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
Pension Liability	$25,403,490
Refundable Advances	$3,750,058

Field	Value	IRS element (for citing)
Total Liability	$29,153,548	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$283,586,161	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$17,779,818	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$881,492	DonatedServicesAndUseFcltsAmt
Other Revenue	-$9,750,050	OtherRevenueAmt
Revenue Not Reported	-$26,648,376	RevenueNotReportedAmt
Revenue Subtotal	$310,234,537	RevenueSubtotalAmt
Investment Expenses Not Incld	$2,560,693	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$2,560,693	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$312,795,230	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$292,988,038	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$881,492	DonatedServicesUseFcltsAmt
Other Expenses Included	$10,036,732	OtherExpensesIncludedAmt
Expenses Not Reported	$10,918,224	ExpensesNotReportedAmt
Expenses Subtotal	$282,069,814	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$2,560,693	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$2,560,693	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$284,630,507	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 acquisition funds. Institute 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; 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 $7.8 million for tax periods through June 30, 2014. The Institute does not have the ability to estimate the NOL through June 30, 2015, 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 2025 and 2033. The Institute has not recorded a tax benefit for these NOLs for the years ended June 30, 2015 and 2014, 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 $7114370 Rental Expenses $1073401 Direct Expenses - Special Events $1783825 Direct Expenses - Raffles $65136

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 (43 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
EUROPE	PROGRAM SERVICES	EXHIBITIONS	$487,860
NORTH AMERICA	PROGRAM SERVICES	EXHIBITIONS	$76,026
SOUTH ASIA	PROGRAM SERVICES	EXHIBITIONS	$119,064
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	EXHIBITIONS	$5,158
RUSSIA AND THE NEWLY INDEPEND	PROGRAM SERVICES	EXHIBITIONS	$5,235
SOUTH AMERICA	PROGRAM SERVICES	EXHIBITIONS	$5,602
EUROPE	PROGRAM SERVICES	RESEARCH	$225,669
NORTH AMERICA	PROGRAM SERVICES	RESEARCH	$5,003
SOUT ASIA	PROGRAM SERVICES	RESEARCH	$44,540
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	RESEARCH	$7,255
RUSSIA AND THE NEWLY INDEPEND	PROGRAM SERVICES	RESEARCH	$1,221
SOUTH AMERICA	PROGRAM SERVICES	RESEARCH	$9,946
SUB-SAHARAN AFRICA	PROGRAM SERVICES	RESEARCH	$5,583
EUROPE	PROGRAM SERVICES	STUDY TRIPS	$175,810
NORTH AMERICA	PROGRAM SERVICES	STUDY TRIPS	$23,224
SOUTH ASIA	PROGRAM SERVICES	STUDY TRIPS	$30,948
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	STUDY TRIPS	$38,002
SUB-SAHARAN AFRICA	PROGRAM SERVICES	STUDY TRIPS	$400
CENTRAL AMERICA & CARIBBEAN	PROGRAM SERVICES	STUDY TRIPS	$1,485
EUROPE	PROGRAM SERVICES	RECRUITING	$14,956
NORTH AMERICA	PROGRAM SERVICES	RECRUITING	$15,353
SOUTH ASIA	PROGRAM SERVICES	RECRUITING	$11,970
EAST ASIA AND THE PACFIC	PROGRAM SERVICES	RECRUITING	$98,901
SOUTH AMERICA	PROGRAM SERVICES	RECRUITING	$11,692
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	RECRUITING	$2,057
EUROPE	PROGRAM SERVICES	CONF, LECTURES, OTHER EDUCAT	$54,019
NORTH AMERICA	PROGRAM SERVICES	CONF, LECTURES, OTHER EDUCAT	$21,237
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	CONF, LECTURES, OTHER EDUCAT	$18,722
RUSSIA AND THE NEWLY INDEPEND	PROGRAM SERVICES	CONF, LECTURES, OTHER EDUCAT	$178
SUB-SAHARAN AFRICA	PROGRAM SERVICES	CONF, LECTURES, OTHER EDUCAT	$335
CENTRAL AMERICA & CARIBBEAN	PROGRAM SERVICES	CONF, LECTURES, OTHER EDUCAT	$4,468
EUROPE	PROGRAM SERVICES	SAIC EXHIBITIONS	$19,329
SOUTH ASIA	PROGRAM SERVICES	SAIC EXHIBITIONS	$4,681
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	SAIC EXHIBITIONS	$12,558
EUROPE	PROGRAM SERVICES	MEMBER TRAVEL	$21,436
NORTH AMERICA	PROGRAM SERVICES	MEMBER TRAVEL	$5,735
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	MEMBER TRAVEL	$5,220
SUB-SAHARAN AFRICA	PROGRAM SERVICES	MEMBER TRAVEL	$1,913
EUROPE	PROGRAM SERVICES	MARKETING/PUBLIC RELATIONS	$3,432
NORTH AMERICA	PROGRAM SERVICES	MARKETING/PUBLIC RELATIONS	$420
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	MARKETING/PUBLIC RELATIONS	$3,628
CENTRAL AMERICA & CARIBBEAN	PASSIVE INVESTMENTS	N/A	$321,452,642
EUROPE	PASSIVE INVESTMENTS	N/A	$663,994

Field	Value	IRS element (for citing)
Subtotal Spent	$1,266,146	SubtotalSpentAmt
Continuation Spent	$322,450,761	ContinuationSpentAmt
Total Spent	$323,716,907	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 Angele	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	$212,127	GrossReceiptsAmt
Retained By Contractor	$159,161	RetainedByContractorAmt
Net To Organization	$52,966	NetToOrganizationAmt

Field	Value	IRS element (for citing)
Total Gross Receipts	$212,127	TotalGrossReceiptsAmt
Total Retained By Contractors	$159,161	TotalRetainedByContractorsAmt
Total Net To Organization	$52,966	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	NV	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	Women's Board Irish Gala	Event1Nm
Gross Receipts Event1	$1,750,505	GrossReceiptsEvent1Amt
Charitable Contri Event1	$1,671,530	CharitableContriEvent1Amt
Gross Revenue Event1	$78,975	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$406,431	OtherDirectExpensesEvent1Amt
Event2	The Walk	Event2Nm
Gross Receipts Event2	$632,655	GrossReceiptsEvent2Amt
Charitable Contri Event2	$514,645	CharitableContriEvent2Amt
Gross Revenue Event2	$118,010	GrossRevenueEvent2Amt
Other Direct Expenses Event2	$609,613	OtherDirectExpensesEvent2Amt
Other Events Total	10	OtherEventsTotalCnt
Gross Receipts Other Events	$1,838,908	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$1,368,064	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$470,844	GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events	$767,782	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$4,222,068	GrossReceiptsTotalAmt
Charitable Contributions Tot	$3,554,239	CharitableContributionsTotAmt
Gross Revenue Total Events	$667,829	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$1,783,826	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$1,783,826	DirectExpenseSummaryEventsAmt
Net Income Summary	-$1,115,997	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	$26,045	GrossRevenueOtherGamingAmt
Oth Direct Expnss Other Gaming	$65,136	OthDirectExpnssOtherGamingAmt
Volunteer Labor Other Gaming	Yes (true)	VolunteerLaborOtherGamingInd
Volunteer Labor Other Gaming	1.00000	VolunteerLaborOtherGamingPct
Gross Revenue Total Gaming	$26,045	GrossRevenueTotalGamingAmt
Oth Direct Expnss Total Gaming	$65,136	OthDirectExpnssTotalGamingAmt
Direct Expense Summary Gaming	$65,136	DirectExpenseSummaryGamingAmt
Net Gaming Income Summary	-$39,091	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	0.60000	GamingOwnFacilityPct
Gaming Other Facility	0.40000	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	No employee is compensated as gaming mgr	GamingManagerServicesProvTxt
Charitable Distribution Rqr	false	CharitableDistributionRqrInd

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	3332	$38,370,282	N/A	N/A
Faculty Enrichment Grants	53	$94,604	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	Yes (true)	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 (19 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	$219,733	$18,630	$18,375	$24,072	$280,810
Brian Esker
VP of Finance and Admin SAIC	$194,541	$17,960	$75,000	$11,284	$298,785
David Thurm
COO Museum	$415,695	$60,458	$23,400	$22,965	$522,518
Dorothy Schroeder
VP, Exhibitions	$126,925	$84,111	$325,000	$8,154	$544,190
Douglas Druick
Pres & Dir, Mus	$504,516	$132,653	$722,000	$20,044	$1,379,213
Elissa Tenny
Provost/SVP Acad Affairs	$310,274	$7,725	$57,686	$17,392	$393,077
Elizabeth Grainer
VP of Aux Ops	$192,853	$1,159	$144,000	$9,584	$347,596
Eugene Adams
VP of IS/CIO	$205,205	$1,047	$98,000	$25,759	$330,011
Eve Jeffers
VP for Museum Development	$407,025	$15,720	$23,400	$22,465	$468,610
Gordon Montgomery
VP of Marketing	$270,383	$1,274	$23,400	$26,409	$321,466
Judith Kirshner
Dpty Dir, Educ	$206,305	$1,323	$15,519	$1,013	$224,160
Julia Getzels
EVP & Gen Couns	$368,755	$21,804	$117,000	$24,785	$532,344
Lisa Wainwright
Faculty Dean/VP Acad Admin	$234,442	$528	$21,780	$21,099	$277,849
Martha Tedeschi
Deputy Director for Art & Research	$195,836	$1,749	$168,000	$24,125	$389,710
Michael Nicolai
VP for Human Resources	$190,111	$19,440	$49,000	$22,334	$280,885
Patricia Lawson
Controller	$186,218	$18,140	$57,000	$10,764	$322,122	$50,000	$37,500
Rose Milkowski
VP for Enrollment Mgmt	$195,489	$267	$17,850	$3,032	$216,638
Tom Buechele
VP for Campus Operations	$182,229	$1,266	$65,000	$22,705	$271,200
Walter Massey
President, Sch	$525,433	$40,280	$23,903	$12	$589,628

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Line 1a: Relevant information in regards to selections on 1a.	FormAndLineReferenceDesc
Explanation	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.	ExplanationTxt

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
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	$24,010,000	$66,292,422			false	Yes (true)	Yes (true)	Yes (true)		$66,292,422

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	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

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

Supplemental Information Detail SupplementalInformationDetail

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- 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, Columns B & C- This question is being answered without regard to yield-restricted advance refunding escrow financed with proceeds of the bonds.	ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2804	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	5	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	$15,860	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	185	ContributionCnt
Noncash Contributions Rpt F990	$11,102,623	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	Dept'l Supplies	22	$54,104	FMV
Yes (X)	Special Events	225	$382,269	FMV
Yes (X)	Airfare	163	$80,085	FMV

Field	Value	IRS element (for citing)
Form8283 Received	55	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 accounting principles. In fiscal year 2015, the School accepted a gift of 2270 works from the estate of a donor.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 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, Kenneth Griffin, Andrew Rosenfield, and Byron Trott; Thomas J. Pritzker and Samuel M. Mencoff; Thomas J. Pritzker and Matthew Gibson; Thomas J. Pritzker and Cary D. McMillan; Thomas J. Pritzker and Byron Trott; Thomas J. Pritzker and William M. Daley; Samuel M. Mencoff and A. Steven Crown; Byron Trott and Joseph Mansueto; Kenneth C. Griffin and James A. Gordon; Anne R. Pramaggiore, Joseph P. Gromacki, and Caryn Harris; A. Steven Crown and Anne Pramaggiore; A. Steven Crown and Robert M. Levy; Jay Frederick Krehbiel and Frederick H. Waddell; Fred Eychaner and Byron Trott; Sarah Nava Garvey and Eric T. McKissack.
Form 990, Part VI, Line 11b: Form 990 Review Process	A full version of the Form 990 is reviewed in detail by the Institute's Audit Committee before filing with the Internal Revenue Service, including Schedule B-Schedule of Contributors. The Board of Trustees is provided a copy of the public disclosure version of the Form 990 before it is filed with the Internal Revenue Service. Schedule B is made available to the Board of Trustees upon request, however, a copy is not widely distributed.
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 = -$19786782
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 V, Line 7h	Form 1098-C is not applicable to the Institute.
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 hours per week devoted by Trustees 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 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	$255,645	$3,400,000	The Art Institute of Chicago
AICGS LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	$326,013	$3,800,000	The Art Institute of Chicago
AICHP LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	$985,068	$1,039,877	The Art Institute of Chicago
AIC AA LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	$891,796	$3,789,425	The Art Institute of Chicago
AIC AX LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE		$1,729,480	The Art Institute of Chicago
AIC BLK LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	$4,884,159	$8,033,801	The Art Institute of Chicago
AIC MS SS LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE		$2,821,867	The Art Institute of Chicago
AIC GS MEZZ LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	$434,945	$1,310,000	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 Tax Exempt Org IdRelatedTaxExemptOrgGrp

Field	Value	IRS element (for citing)
Direct Controlling NA	N/A	DirectControllingNACd
Controlled Organization	false	ControlledOrganizationInd

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 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	$392,629	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