ART INSTITUTE OF CHICAGO: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: ART INSTITUTE OF CHICAGO (EIN 36-2167725)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-05-08
IRS object ID: 201431289349301243
Schema version: 2012v2.0
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)
Timestamp	2014-05-08T10:23:43-07:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DELOITTE TAX LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 SOUTH WACKER DRIVE	AddressLine1
City	CHICAGO	City
State	IL	State
ZIP Code	606064301	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	362167725	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	The Art Institute of Chicago	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ARTI	NameControl
Phone	3124433600	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 South Michigan Avenue	AddressLine1
City	Chicago	City
State	IL	State
ZIP Code	60603	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Patricia Rowlands Lawson	Name
Title	Controller	Title
Date Signed	2014-05-08	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DELOITTE TAX LLP	Name
PTIN	P00538660	PTIN
Phone	3124861000	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Eric Anyah	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	111 South Michigan Avenue	AddressLine1
City	Chicago	City
State	IL	State
ZIP Code	60603	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	322753936	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c3	X	Organization501c3
Web Site	www.artic.edu and www.saic.edu	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1879	YearFormation
State Legal Domicile	IL	StateLegalDomicile
Activity Or Mission Description	To found, build, maintain and operate museums, schools, and libraries of art and theatres.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	53	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	50	NbrIndependentVotingMembers
Total Nbr Employees	3407	TotalNbrEmployees
Total Nbr Volunteers	819	TotalNbrVolunteers
Total Gross UBI	1159441	TotalGrossUBI
Net Unrelated Business Txbl Income	-593900	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	62275319	ContributionsGrantsPriorYear
Contributions Grants Current Year	51730267	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	154790347	ProgramServiceRevenuePriorYear
Program Service Revenue CY	160195800	ProgramServiceRevenueCY
Investment Income Prior Year	11886523	InvestmentIncomePriorYear
Investment Income Current Year	30193556	InvestmentIncomeCurrentYear
Other Revenue Prior Year	13403566	OtherRevenuePriorYear
Other Revenue Current Year	11212380	OtherRevenueCurrentYear
Total Revenue Prior Year	242355755	TotalRevenuePriorYear
Total Revenue Current Year	253332003	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	31571808	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	33742816	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	97805784	SalariesEtcPriorYear
Salaries Etc Current Year	110513140	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	152059	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	181458	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	7477173	TotalFundrsngExpCurrentYear
Other Expense Prior Year	113608822	OtherExpensePriorYear
Other Expenses Current Year	125813293	OtherExpensesCurrentYear
Total Expenses Prior Year	243138473	TotalExpensesPriorYear
Total Expenses Current Year	270250707	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-782718	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-16918704	RevenuesLessExpensesCY
Total Assets BOY	1351684071	TotalAssetsBOY
Total Assets EOY	1404559396	TotalAssetsEOY
Total Liabilities BOY	395654569	TotalLiabilitiesBOY
Total Liabilities EOY	367523557	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	956029502	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1037035839	NetAssetsOrFundBalancesEOY
Mission Description	The Art Institute of Chicago's primary exempt purpose is 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.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	135547407	Expense
Grants	33663003	Grants
Revenue	138478134	Revenue
Description	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. Overall full-time-equivalent enrollment of degree-seeking students was 2,889. The curriculum has attracted students from over 50 countries.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	102379465	Expense
Grants	79813	Grants
Revenue	28850694	Revenue
Description	The Museum provides a variety of educational programs focusing on the collection, conservation, research, publication, exhibition and interpretation of the museums internationally significant collection of art. The Museum also presents temporary exhibitions of international importance, which include loaned objects from other collections. Included in the exhibition programming for fiscal year 2013 were several non-ticketed temporary exhibitions including Roy Lichtenstein: A Retrospective; Picasso and Chicago; Building: Inside Studio Gang Architects; Irving Penn: Underfoot; and Steve McQueen. During fiscal year 2013, the Museum served 1.5 million visitors.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	237926872	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	true	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	true	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	true	ForeignOffice
Foreign Activities	true	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	true	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	true	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	true	TaxExemptBonds
Invest Tax Exempt Bonds	true	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	true	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	true	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	819	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	3407	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Number Of8282 Filed	0	NumberOf8282Filed
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	53	NbrVotingGoverningBodyMembers
Number Independent Voting Members	50	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	true	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	true	InvestmentInJointVenture
Written Policy Or Procedure	true	WrittenPolicyOrProcedure
States Where Copy Of Return Is Filed	WI	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	WA	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	VA	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	UT	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	SC	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	OR	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	OK	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	OH	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	NY	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	NJ	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	NH	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	ND	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	MS	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	MO	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	MI	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	MD	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	MA	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	KY	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	KS	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	IL	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	DC	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	CO	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	CA	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	AZ	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	AL	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	AK	StatesWhereCopyOfReturnIsFiled
Own Website	X	OwnWebsite
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Patricia Rowlands Lawson	NamePerson
Telephone Number	3124994050	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	111 South Michigan Avenue	AddressLine1
City	Chicago	City
State	IL	State
ZIP Code	60603	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (70 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
Roger Weston
Trustee	1.00	0.00	X	0	0	0
Todd Warnock
Trustee	1.00	0.00	X	0	0	0
David Weinberg
Trustee	1.00	0.00	X	0	0	0
Frederick H Waddell
Trustee	1.00	0.00	X	0	0	0
David J Vitale
Trustee	1.00	0.00	X	0	0	0
Byron D Trott
Trustee	1.00	0.00	X	0	0	0
Marilynn Thoma
Trustee	1.00	0.00	X	0	0	0
Melinda Martin Sullivan
Trustee	1.00	0.00	X	0	0	0
Edward Byron Smith Jr
Trustee	1.00	0.00	X	0	0	0
Prabhakant Sinha
Trustee	1.00	0.00	X	0	0	0
Stephanie Sick
Trustee	1.00	0.00	X	0	0	0
Michael Sacks
Trustee	1.00	0.00	X	0	0	0
Andrew M Rosenfield
Trustee	1.00	0.00	X	0	0	0
Linda Johnson Rice
Trustee	1.00	0.00	X	0	0	0
Dana D Rice
Trustee	1.00	0.00	X	0	0	0
J Christopher Reyes
Trustee	1.00	0.00	X	0	0	0
Mark Pu
Trustee	1.00	0.00	X	0	0	0
Thomas J Pritzker
Chairman	1.00	0.00	X	0	0	0
Anne Pramaggiore
Trustee	1.00	0.00	X	0	0	0
Cynthia Perucca
Trustee	1.00	0.00	X	0	0	0
Dustin O'Regan
Trustee	1.00	0.00	X	0	0	0
Sylvia Neil
Trustee	1.00	0.00	X	0	0	0
Samuel M Mencoff
Trustee	1.00	0.00	X	0	0	0
Cary D McMillan
Trustee	1.00	0.00	X	0	0	0
Eric T McKissack
Trustee	1.00	0.00	X	0	0	0
Nancy Lauter McDougal
Trustee	1.00	0.00	X	0	0	0
Joseph Mansueto
Trustee	1.00	0.00	X	0	0	0
John Manley
Trustee	1.00	0.00	X	0	0	0
Timothy Maloney
Trustee	1.00	0.00	X	0	0	0
Robert M Levy
Trustee	1.00	0.00	X	0	0	0
Lawrence F Levy
Trustee	1.00	0.00	X	0	0	0
Eric P Lefkofsky
Trustee	1.00	0.00	X	0	0	0
Rita Knox
Trustee	1.00	0.00	X	0	0	0
John W Jordan II
Trustee	1.00	0.00	X	0	0	0
Caryn Harris
Trustee	1.00	0.00	X	0	0	0
Ann Grube
Trustee	1.00	0.00	X	0	0	0
Joseph P Gromacki
Trustee	1.00	0.00	X	0	0	0
Kenneth C Griffin
Trustee	1.00	0.00	X	0	0	0
James A Gordon
Trustee	1.00	0.00	X	0	0	0
Matthew R Gibson
Trustee	1.00	0.00	X	0	0	0
Sarah Nava Garvey
Trustee	1.00	0.00	X	0	0	0
Denise B Gardner
Trustee	1.00	0.00	X	0	0	0
Karen Frank
Trustee	1.00	0.00	X	0	0	0
Fred Eychaner
Trustee	1.00	0.00	X	0	0	0
John A Edwardson
Trustee	1.00	0.00	X	0	0	0
Janet Duchossois
Trustee	1.00	0.00	X	0	0	0
William M Daley
Trustee	1.00	0.00	X	0	0	0
A Steven Crown
Trustee	1.00	0.00	X	0	0	0
Lester N Coney
Trustee	1.00	0.00	X	0	0	0
Todd C Brown
Trustee	1.00	0.00	X	0	0	0
Linda Buonanno
Trustee	1.00	0.00	X	0	0	0
Robert H Bergman
Trustee	1.00	0.00	X	0	0	0
Anne Searle Bent
Trustee	1.00	0.00	X	0	0	0
Eric Anyah
CFO	40.00	0.00		298400	0	48566	X
Julia Getzels
Vice President	40.00	0.00		329773	0	65363	X
Douglas Druick
President	40.00	0.00		610934	0	96418	X
Walter Massey
President	40.00	0.00		520789	0	15947	X
Brian Esker
VP of Finance and Admin SAIC	40.00	0.00		188602	0	32853		X
Rose Milkowski
VP for Enrollment Mgmt	40.00	0.00		172874	0	18763		X
Lisa Wainwright
Faculty Dean/VP Acad Admin	40.00	0.00		201796	0	34360		X
Elizabeth Grainer
VP of Aux Ops	40.00	0.00		184308	0	56301		X
Elizabeth Hurley
VP for Museum Development	40.00	0.00		279430	0	33116		X
Elissa Tenny
Provost/SVP Acad Affairs	40.00	0.00		299243	0	40154		X
Edward McNulty
SVP/Planning/COO SAIC	40.00	0.00		294959	0	49599		X
David Thurm
COO Museum	40.00	0.00		417776	0	43776		X
Gordon Montgomery
VP of Marketing	40.00	0.00		256632	0	41396			X
Eugene Adams
VP of IS/CIO	40.00	0.00		198598	0	55750			X
Felice Dublon
VP/Dean StdAffairs	40.00	0.00		178383	0	25038			X
Samuel Quigley
VP, CMIIT	40.00	0.00		179170	0	38841			X
Paul Coffey
Vice Provost	40.00	0.00		175310	0	34012			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	4786977	TotalReportableCompFromOrg
Total Other Compensation	730253	TotalOtherCompensation
Number Individuals GT100 K	87	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation	Address Line1AddressOfContractor/AddressForeign/AddressLine1	CityAddressOfContractor/AddressForeign/City	CountryAddressOfContractor/AddressForeign/Country	Postal CodeAddressOfContractor/AddressForeign/PostalCode
US Equities Asset Mgmt LLC
20 N Michigan Ave 400	Chicago	IL	60602	Bldg Maint Services	1699121
Renzo Piano Building Workshop
				Arch/Design Services	264041	34 rue des Archives	Paris	FR	75004
Prager & Co LLC
One Maritime Plaza 1000	San Fransico	CA	94111	Financial Services	234534
Eagle Capital Management LLC
499 Park Ave 21st Floor	New York	NY	10022	Financial Services	261600
Deloitte & Touche
111 S Wacker	Chicago	IL	60606	Audit Services	333576

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	15	NumberOfContractorsGT100K
Membership Dues	13018158	MembershipDues
Fundraising Events	3314563	FundraisingEvents
Government Grants	7307717	GovernmentGrants
All Other Contributions	28089829	AllOtherContributions
Noncash Contributions	6003961	NoncashContributions
Total Contributions	51730267	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Tuition and Fees	611600	134639828	134639828
Proceeds from Sale of Art	900099	6585929	6585929
Other Restricted Prog Rev	900099	1570355	1570355
Museum Admissions	900099	11813338	11813338
Member Program Revenues	900099	1139000	1139000

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4447350	TotalRevenueColumn
Related Or Exempt Function Income	3312903	RelatedOrExemptFunctionIncome
Exclusion	$1,134,447	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	160195800	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	7311570	TotalRevenueColumn
Exclusion	$7,311,570	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

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

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	209963	TotalRevenueColumn
Exclusion	$209,963	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	2678168	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	1081890	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	1596278	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	1596278	TotalRevenueColumn
Unrelated Business Revenue	126630	UnrelatedBusinessRevenue
Exclusion	$1,469,648	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	80637415	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	57755429	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	22881986	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	22881986	TotalRevenueColumn
Exclusion	$22,881,986	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	875892	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	3314562	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	2157606	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-1281714	TotalRevenueColumn
Exclusion	-$1,281,714	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Gaming	26635	GrossIncomeGaming
Gaming Direct Expenses	36541	GamingDirectExpenses

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	-9906	TotalRevenueColumn
Exclusion	-$9,906	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	16973482	GrossSalesOfInventory
Cost Of Goods Sold	8390467	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	8583015	TotalRevenueColumn
Related Or Exempt Function Income	7170791	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	1412224	UnrelatedBusinessRevenue

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	Other Invest. Inc (Loss)	Description
Business Code	900099	BusinessCode
Total Revenue Column	2114744	TotalRevenueColumn
Unrelated Business Revenue	-379413	UnrelatedBusinessRevenue
Exclusion	$2,494,157	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	2114744	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	253332003	TotalRevenueColumn
Related Or Exempt Function Income	166232144	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	1159441	UnrelatedBusinessRevenue
Exclusion	$34,210,151	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	79813	Total
Program Services	79813	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	33663003	Total
Program Services	33663003	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	4335534	Total
Program Services	2246134	ProgramServices
Management And General	1776230	ManagementAndGeneral
Fundraising	313170	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	74017436	Total
Program Services	63176600	ProgramServices
Management And General	7764574	ManagementAndGeneral
Fundraising	3076262	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	6422973	Total
Program Services	5083656	ProgramServices
Management And General	930101	ManagementAndGeneral
Fundraising	409216	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	20324469	Total
Program Services	16125815	ProgramServices
Management And General	3224154	ManagementAndGeneral
Fundraising	974500	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	5412728	Total
Program Services	4562099	ProgramServices
Management And General	624325	ManagementAndGeneral
Fundraising	226304	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	445117	Total
Management And General	445117	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	437555	Total
Management And General	437555	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	15630	Total
Program Services	15630	ProgramServices

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	181458	Total
Fundraising	181458	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	2643470	Total
Management And General	2643470	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	16392239	Total
Program Services	14423919	ProgramServices
Management And General	1030809	ManagementAndGeneral
Fundraising	937511	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	2830719	Total
Program Services	2764027	ProgramServices
Fundraising	66692	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	10882009	Total
Program Services	9659605	ProgramServices
Management And General	329002	ManagementAndGeneral
Fundraising	893402	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	2132064	Total
Program Services	1220017	ProgramServices
Management And General	870466	ManagementAndGeneral
Fundraising	41581	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	157780	Total
Program Services	157780	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	18068866	Total
Program Services	17281891	ProgramServices
Management And General	666723	ManagementAndGeneral
Fundraising	120252	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	2902950	Total
Program Services	2734979	ProgramServices
Management And General	38967	ManagementAndGeneral
Fundraising	129004	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	303246	Total
Program Services	226075	ProgramServices
Management And General	54017	ManagementAndGeneral
Fundraising	23154	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	12005488	Total
Program Services	9677003	ProgramServices
Management And General	2328485	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	21714	Total
Program Services	21714	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	27225145	Total
Program Services	26269159	ProgramServices
Management And General	955986	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	787471	Total
Program Services	787471	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
Exhibition Related Expenses	1512058	1512058
Furniture, Fixtures, Equipment	3347671	3020023	303682	23966
Other Expenses	6205644	5721944	422999	60701
Accessions/Books/Other Art	17496457	17496457

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	270250707	Total
Program Services	237926872	ProgramServices
Management And General	24846662	ManagementAndGeneral
Fundraising	7477173	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
EOY	0	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1076571	BOY
EOY	6196242	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	48350135	BOY
EOY	34817097	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	5494197	BOY
EOY	4961081	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	3824138	BOY
EOY	3954579	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	5564485	BOY
EOY	5662325	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	5588113	BOY
EOY	7028574	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	652621007	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	189108228	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	472712941	BOY
EOY	463512779	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	431959462	BOY
EOY	522552860	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	371306876	BOY
EOY	351388352	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	5807153	BOY
EOY	4485507	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1351684071	BOY
EOY	1404559396	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	37827004	BOY
EOY	32854301	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	19408216	BOY
EOY	23242710	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	269374229	BOY
EOY	295235012	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	1100000	BOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	67945120	BOY
EOY	16191534	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	395654569	BOY
EOY	367523557	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	75797147	BOY
EOY	127764209	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	560060837	BOY
EOY	581898045	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	320171518	BOY
EOY	327373585	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	956029502	BOY
EOY	1037035839	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1351684071	BOY
EOY	1404559396	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-16918704	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	70089682	ReconciliationUnrealizedInvest
Reconcilation Other Changes	27835359	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii
General Explanation	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.	GeneralExplanation

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Form4720 Filed4955 Tax	false	Form4720Filed4955Tax
Correction Made	false	CorrectionMade
Volunteers	false	Volunteers
Paid Staff Or Management	false	PaidStaffOrManagement
Media Advertisements	false	MediaAdvertisements
Mailings Members	true	MailingsMembers
Publications Or Broadcast	false	PublicationsOrBroadcast
Grants Other Organizations	false	GrantsOtherOrganizations
Direct Contact Legislators	false	DirectContactLegislators
Rallies Demonstrations	false	RalliesDemonstrations
Other Activities	true	OtherActivities
Other Activities	$15,630	OtherActivitiesAmount
Total Lobbying Expenditures IIB	15630	TotalLobbyingExpendituresIIB
Not Described In501c3	false	NotDescribedIn501c3
Form4720 Filed4912 Tax	false	Form4720Filed4912Tax

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	Part II-B, Line 1i	Identifier
Return Reference	Part II-B, Line 1i - Other Activities Description	ReturnReference
Explanation	The amount represents the Art Institute of Chicago's portion of funds utilized by Museums in the Park for lobbying activities.	Explanation

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Scholar Research	X	CollectUsedForScholarResearch
Collect Used For Preservation	X	CollectUsedForPreservation
Collect Used For Loan Or Exch Prgrms	X	CollectUsedForLoanOrExchPrgrms
Solicited Assets For Sale	false	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	804735325	BeginningOfYearBalance
Contributions	6403600	Contributions
Investment Earnings Or Losses	104193471	InvestmentEarningsOrLosses
Grants Or Scholarships	3098618	GrantsOrScholarships
Other Expenditures	39156633	OtherExpenditures
Administrative Expenses	2643470	AdministrativeExpenses
End Of Year Balance	870433675	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	842590142	BeginningOfYearBalance
Contributions	13042836	Contributions
Investment Earnings Or Losses	-7062856	InvestmentEarningsOrLosses
Grants Or Scholarships	2977788	GrantsOrScholarships
Other Expenditures	38205259	OtherExpenditures
Administrative Expenses	2651750	AdministrativeExpenses
End Of Year Balance	804735325	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	663913585	BeginningOfYearBalance
Contributions	67894964	Contributions
Investment Earnings Or Losses	151400848	InvestmentEarningsOrLosses
Grants Or Scholarships	3082178	GrantsOrScholarships
Other Expenditures	35698555	OtherExpenditures
Administrative Expenses	1838522	AdministrativeExpenses
End Of Year Balance	842590142	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	616716313	BeginningOfYearBalance
Contributions	25467861	Contributions
Investment Earnings Or Losses	64519514	InvestmentEarningsOrLosses
Grants Or Scholarships	3199183	GrantsOrScholarships
Other Expenditures	37713043	OtherExpenditures
Administrative Expenses	1877877	AdministrativeExpenses
End Of Year Balance	663913585	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	840448838	BeginningOfYearBalance
Contributions	10847284	Contributions
Investment Earnings Or Losses	-189934854	InvestmentEarningsOrLosses
Grants Or Scholarships	2778756	GrantsOrScholarships
Other Expenditures	38338254	OtherExpenditures
Administrative Expenses	3527945	AdministrativeExpenses
End Of Year Balance	616716313	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.37000	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.38000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.25000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	true	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	11324688	OtherCostOrOtherBasis
Book Value	11324688	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	58517837	OtherCostOrOtherBasis
Depreciation	22971767	Depreciation
Book Value	35546070	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	561405177	OtherCostOrOtherBasis
Depreciation	150396976	Depreciation
Book Value	411008201	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	20145181	OtherCostOrOtherBasis
Depreciation	14529374	Depreciation
Book Value	5615807	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1228124	OtherCostOrOtherBasis
Depreciation	1210111	Depreciation
Book Value	18013	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	463512779	TotalOfBookValueLandBuildings
Total Of Book Value Securities	351388352	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
Refundable Advances	$3,494,502
Pension Liability	$12,697,032

Field	Value	IRS element (for citing)
Total Of Amounts	16191534	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	360271080	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	70089682	NetUnrealizedGainsInvestments
Other Revenues	27835359	OtherRevenues
Revenue Not Rptd F990	97925041	RevenueNotRptdF990
Revenue Subtotal	262346039	RevenueSubtotal
Investment Expenses Not Included	2643470	InvestmentExpensesNotIncluded
Other Revenues Not Included	-11657506	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-9014036	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	253332003	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	281908213	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	11666506	OtherExpensesIncluded
Expenses Not Rptd F990	11666506	ExpensesNotRptdF990
Expenses Subtotal	270241707	ExpensesSubtotal
Other Expenses Not Included	9000	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	9000	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	270250707	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Part XII, Line 4b	Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S	Miscellaneous $9000
Part XII, Line 2d	Part XII, Line 2d: Other expenses and losses per audited F/S	Cost of Goods Sold $8390469 Rental Expenses $1081890 Direct Expenses - Special Events $2157606 Direct Expenses - Raffles $36541
Part XI, Line 2d	Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990	Pension-Related Changes $25944950 Unrealized Dep on Funds Held in Trust $1890409
Part X	Part X : FIN48 Footnote	From Page 10 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.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 $7.7 million for tax periods through June 30, 2012. The Institute does not have the ability to estimate the NOL through June 30, 2013, 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 2032. The Institute has not recorded a tax benefit for these NOLs for the years ended June 30, 2013 and 2012, respectively; because it is not more likely than not that the Institute will be able to realize the benefit." The financial statements did not report uncertain tax positions.
Part V, Line 4	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, in addition, 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 appropriation amounts are determined as of the end of the year, prior to when it becomes available for expenditure, and is equal to the spendable amount or additional amounts as approved by the Executive Committee during the year. 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 III, Line 4	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 III, Line 1a	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, as well as the holdings of the libraries, is excluded from the consolidated 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 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."

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	true	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	ExplanationExplanation
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 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 F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (49 entries)

RegionRegion	Number Of EmployeesNumberOfEmployees	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
NORTH AMERICA	0	PROGRAM SERVICES	EDUCATIONAL	499
SUB-SAHARAN AFRICA	0	PROGRAM SERVICES	TRAVEL/RESEARCH	2156
SOUTH AMERICA	0	PROGRAM SERVICES	TRAVEL/RESEARCH	4175
EUROPE	0	PASSIVE INVESTMENTS	N/A	1054970
CENTRAL AMER & CARIBBEAN	0	PASSIVE INVESTMENTS	N/A	228424997
NORTH AMERICA	0	PROGRAM SERVICES	TRAVEL/RESEARCH	7356
EUROPE	0	PROGRAM SERVICES	TRAVEL/RESEARCH	146375
SOUTH ASIA	0	PROGRAM SERVICES	TRAVEL/RECRUITING	6727
NORTH AMERICA	0	PROGRAM SERVICES	TRAVEL/RECRUITING	1166
EAST ASIA AND THE PACIFIC	0	PROGRAM SERVICES	TRAVEL/RECRUITING	35787
CENTRAL AMER & CARIBBEAN	0	PROGRAM SERVICES	STUDY TOURS	6003
SOUTH ASIA	0	PROGRAM SERVICES	TRAVEL/EXHIBITIONS	3484
NORTH AMERICA	0	PROGRAM SERVICES	TRAVEL/EXHIBITIONS	4858
MIDDLE EAST & N AFRICA	0	PROGRAM SERVICES	TRAVEL/EXHIBITIONS	635
EUROPE	0	PROGRAM SERVICES	TRAVEL/EXHIBITIONS	98916
EAST ASIA AND THE PACIFIC	0	PROGRAM SERVICES	TRAVEL/EXHIBITIONS	4235
SOUTH ASIA	0	PROGRAM SERVICES	TRAVEL/EDUCATIONAL	20858
NORTH AMERICA	0	PROGRAM SERVICES	TRAVEL/RECRUITING	18385
NORTH AMERICA	0	PROGRAM SERVICES	TRAVEL/EDUCATIONAL	21622
EUROPE	0	PROGRAM SERVICES	TRAVEL/EDUCATION	1162
EAST ASIA AND THE PACIFIC	0	PROGRAM SERVICES	TRAVEL/EDUCATIONAL	4415
SOUTH ASIA	0	PROGRAM SERVICES	STUDY TOURS	56648
SOUTH AMERICA	0	PROGRAM SERVICES	STUDY TOURS	663
RUSSIA AND NEWLY INDEPEND	0	PROGRAM SERVICES	MEMBER TRAVEL	1141
NORTH AMERICA	0	PROGRAM SERVICES	STUDY TOURS	8027
EUROPE	1	PROGRAM SERVICES	STUDY TOURS	270971
EAST ASIA AND THE PACIFIC	0	PROGRAM SERVICES	STUDY TOURS	60124
NORTH AMERICA	0	PROGRAM SERVICES	TRAVEL/MARKETING	2069
NORTH AMERICA	0	PROGRAM SERVICES	SCHOLARLY PUBL	1256
EUROPE	0	PROGRAM SERVICES	SCHOLARLY PUBL	543332
EAST ASIA AND THE PACIFIC	0	PROGRAM SERVICES	SCHOLARLY PUBL	10863
NORTH AMERICA	0	PROGRAM SERVICES	TRAVEL/EXHIBITIONS	1594
EUROPE	0	PROGRAM SERVICES	RESEARCH	5044
EUROPE	0	PROGRAM SERVICES	EDUCATIONAL	65177
EAST ASIA AND THE PACIFIC	0	PROGRAM SERVICES	RECRUITING	7375
EUROPE	0	PROGRAM SERVICES	OTHER	454339
NORTH AMERICA	0	PROGRAM SERVICES	RECRUITING	1200
NORTH AMERICA	0	PROGRAM SERVICES	OTHER	406574
MIDDLE EAST AND NORTH AFR	0	PROGRAM SERVICES	TRAVEL/RESEARCH	8390
EUROPE	0	PROGRAM SERVICES	MEMBER TRAVEL	2382
EAST ASIA AND THE PACIFIC	0	PROGRAM SERVICES	TRAVEL/RESEARCH	11022
CENTRAL AMER & CARIBBEAN	0	PROGRAM SERVICES	MEMBER TRAVEL	268
NORTH AMERICA	0	PROGRAM SERVICES	EXHIBITIONS	350
EUROPE	0	PROGRAM SERVICES	EXHIBITIONS	328253
EAST ASIA AND THE PACIFIC	0	PROGRAM SERVICES	TRAVEL/MARKETING	24489
SOUTH ASIA	0	PROGRAM SERVICES	TRAVEL/RESEARCH	78278
EUROPE	0	PROGRAM SERVICES	MARKETING	59949
EUROPE	0	PROGRAM SERVICES	TRAVEL/MARKETING	33411
NORTH AMERICA	0	PROGRAM SERVICES	MARKETING	200

Field	Value	IRS element (for citing)
Cont Number Of Employees	1	ContNumberOfEmployees
Total Number Of Employees	1	TotalNumberOfEmployees
Subtotal Amount Spent	1486701	SubtotalAmountSpent
Cont Amount Spent	230825469	ContAmountSpent
Total Amount Spent	232312170	TotalAmountSpent
Transfer To Foreign Corp	true	TransferToForeignCorp
Interest In Foreign Trust	false	InterestInForeignTrust
Own Foreign Corp	false	OwnForeignCorp
Passive Foreign Invest Co	false	PassiveForeignInvestCo
Foreign Partnership	true	ForeignPartnership
Boycott Countries	false	BoycottCountries

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	X	MailSolicitations
Email Solicitations	X	EmailSolicitations
Phone Solicitations	X	PhoneSolicitations
In Person Solicitations	X	InPersonSolicitations
Solicitation Of Non Govt Grants	X	SolicitationOfNonGovtGrants
Solicitation Of Govt Grants	X	SolicitationOfGovtGrants
Special Fundraising Events	X	SpecialFundraisingEvents
Agreement Ref Fundraising	true	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

Name Of Organization NameOfOrganization

Field	Value	IRS element (for citing)
Business Name Line1	SD&A Teleservc	BusinessNameLine1

Field	Value	IRS element (for citing)
Activity	Telemarketing	Activity
Fundraiser Control Of Funds	false	FundraiserControlOfFunds
Gross Receipts	423667	GrossReceipts
Amount Retained By Contractor	191446	AmountRetainedByContractor
Net To Organization	232221	NetToOrganization

Field	Value	IRS element (for citing)
Total Gross Receipts	423667	TotalGrossReceipts
Total Retained By Contractors	191446	TotalRetainedByContractors
Total Net To Organization	232221	TotalNetToOrganization
Licensed States	WI	LicensedStates
Licensed States	WV	LicensedStates
Licensed States	VA	LicensedStates
Licensed States	UT	LicensedStates
Licensed States	SC	LicensedStates
Licensed States	OR	LicensedStates
Licensed States	OK	LicensedStates
Licensed States	OH	LicensedStates
Licensed States	ND	LicensedStates
Licensed States	NY	LicensedStates
Licensed States	NJ	LicensedStates
Licensed States	NH	LicensedStates
Licensed States	MS	LicensedStates
Licensed States	MO	LicensedStates
Licensed States	MI	LicensedStates
Licensed States	MA	LicensedStates
Licensed States	MD	LicensedStates
Licensed States	KY	LicensedStates
Licensed States	KS	LicensedStates
Licensed States	FL	LicensedStates
Licensed States	DC	LicensedStates
Licensed States	CO	LicensedStates
Licensed States	CA	LicensedStates
Licensed States	AZ	LicensedStates
Licensed States	AK	LicensedStates
Licensed States	AL	LicensedStates
Licensed States	IL	LicensedStates

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	IFM Women's Brd	NameOfEvent1
Gross Receipts Event1	880513	GrossReceiptsEvent1
Charitable Contributions Event1	796153	CharitableContributionsEvent1
Gross Revenue Event1	84360	GrossRevenueEvent1
Other Direct Expenses Event1	325257	OtherDirectExpensesEvent1
Name Of Event2	The Walk	NameOfEvent2
Gross Receipts Event2	744701	GrossReceiptsEvent2
Charitable Contributions Event2	613007	CharitableContributionsEvent2
Gross Revenue Event2	131694	GrossRevenueEvent2
Other Direct Expenses Event2	628970	OtherDirectExpensesEvent2
Total Number Of Other Events	13	TotalNumberOfOtherEvents
Gross Receipts Other Events	2565240	GrossReceiptsOtherEvents
Charitable Contrib Other Events	1905402	CharitableContribOtherEvents
Gross Revenue Other Events	659838	GrossRevenueOtherEvents
Other Direct Expenses Other Events	1203379	OtherDirectExpensesOtherEvents
Gross Receipts Total	4190454	GrossReceiptsTotal
Charitable Contributions Total	3314562	CharitableContributionsTotal
Gross Revenue Total Events	875892	GrossRevenueTotalEvents
Other Direct Expenses Total Events	2157606	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	2157606	DirectExpenseSummaryEvents
Net Income Summary	-1281714	NetIncomeSummary

Gaming Information GamingInformation

Field	Value	IRS element (for citing)
Volunteer Labor Bingo	false	VolunteerLaborBingo
Volunteer Labor Pull Tabs	false	VolunteerLaborPullTabs
Gross Revenue Other Gaming	26635	GrossRevenueOtherGaming
Non Cash Prizes Other Gaming	36541	NonCashPrizesOtherGaming
Volunteer Labor Other Gaming	true	VolunteerLaborOtherGaming
Volunteer Labor Prcnt Other Gaming	1.00000	VolunteerLaborPrcntOtherGaming
Gross Revenue Total Gaming	26635	GrossRevenueTotalGaming
Non Cash Prizes Total Gaming	36541	NonCashPrizesTotalGaming
Direct Expense Summary Gaming	36541	DirectExpenseSummaryGaming
Net Gaming Income Summary	-9906	NetGamingIncomeSummary

Field	Value	IRS element (for citing)
States Where Gaming Conducted	IL	StatesWhereGamingConducted
Licensed	true	Licensed
License Suspended Etc	false	LicenseSuspendedEtc
Gaming With Nonmembers	true	GamingWithNonmembers
Member Of Other Entity	false	MemberOfOtherEntity
Percentage Of Gaming Own Facility	0.50000	PercentageOfGamingOwnFacility
Percentage Of Gaming Othr Facility	0.50000	PercentageOfGamingOthrFacility

Name Of Gaming Rec Keeper Bus NameOfGamingRecKeeperBus

Field	Value	IRS element (for citing)
Business Name Line1	Patricia Rowlands Lawson	BusinessNameLine1

Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS

Field	Value	IRS element (for citing)
Address Line1	111 South Michigan Avenue	AddressLine1
City	Chicago	City
State	IL	State
ZIP Code	60603	ZIPCode

Field	Value	IRS element (for citing)
Contract With3rd Party For Gam Rev	false	ContractWith3rdPartyForGamRev
Charitable Distrib Required	true	CharitableDistribRequired

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	Northwestern University	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	633 Clark Street	AddressLine1
City	Evanston	City
State	IL	State
ZIP Code	60208	ZIPCode

Field	Value	IRS element (for citing)
EIN Of Recipient	362167817	EINOfRecipient
IRC Section	501 (c)(3)	IRCSection
Amount Of Cash Grant	79813	AmountOfCashGrant
Amount Of Non Cash Assistance	0	AmountOfNonCashAssistance
Method Of Valuation	N/A	MethodOfValuation
Description Of Non Cash Assistance	N/A	DescriptionOfNonCashAssistance
Purpose Of Grant	Conservation Research	PurposeOfGrant

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	1	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Method Of ValuationMethodOfValuation	Description Of Non Cash AssistanceDescriptionOfNonCashAssistance
Student Scholarships and Stipends	3175	33571121	N/A	N/A
Faculty Enrichment Grants	53	91882	N/A	N/A

Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)

IdentifierIdentifier

ExplanationExplanation

Grantmaker's Description of How Grants are Used

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.

Additional Supplemental Information

For organizational payments for research grants, a departmental program representative for the grant reviews and approves all payment requests before payment is issued.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	X	FirstClassOrCharterTravel
Travel For Companions	X	TravelForCompanions
Idemnification Gross Up Payments	X	IdemnificationGrossUpPayments
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	true	SeverancePayment
Supplemental Nonqual Retire Plan	true	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException
Rebuttable Presumption Procedure	false	RebuttablePresumptionProcedure

Form990 Schedule J Part II Form990ScheduleJPartII (17 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
Walter Massey
President	499774	21015	15935	12	536736
Samuel Quigley
VP, CMIIT	178089	1081	16765	22076	218011
Rose Milkowski
VP for Enrollment Mgmt	172648	226	15789	2974	191637
Paul Coffey
Vice Provost	174153	1157	34000	12	209322
Lisa Wainwright
Faculty Dean/VP Acad Admin	201365	431	18604	15756	236156
Julia Getzels
Vice President	313187	16586	42000	23363	395136
Gordon Montgomery
VP of Marketing	256305	327	20073	21323	298028
Felice Dublon
VP/Dean StdAffairs	165119	13264	14747	10291	203421
Eugene Adams
VP of IS/CIO	194054	4544	33000	22750	254348
Eric Anyah
CFO	278187	20213	29000	19566	346966
Elizabeth Hurley
VP for Museum Development	278787	643	18657	14459	312546
Elizabeth Grainer
VP of Aux Ops	183603	705	48000	8301	240609
Elissa Tenny
Provost/SVP Acad Affairs	280422	18821	39642	512	339397
Edward McNulty
SVP/Planning/COO SAIC	257152	37807	34000	15599	344558
Douglas Druick
President	482622	128312	89000	7418	707352
David Thurm
COO Museum	389284	28492	22500	21276	461552
Brian Esker
VP of Finance and Admin SAIC	171210	17392	23000	9853	221455

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	Sch J, Part I, Line 1a	Identifier
Return Reference	Part I, Line 1a: Relevant information in regards to selections on 1a.	ReturnReference
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.	Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)

Bond ReferenceBondReferenceCd	Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
IL Finance Authority
C	861091967	45203HMP4	2012-10-18	66292422	See Part VI	false	false	false
IL Finance Authority
B	861091967	45200F3N7	2010-06-09	113537854	See Part VI	false	false	false
IL Finance Authority
A	861091967	45200FVM8	2009-03-26	139158000	Constr./Renov. Museum Facil.	false	false	false

Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)

Bond ReferenceBondReferenceCd	Amount RetiredAmountRetired	Total ProceedsTotalProceeds	Amount In Reserve FundAmountInReserveFund	Refunding EscrowRefundingEscrow	Other Spent ProceedsOtherSpentProceeds	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind	Working Capital ExpendituresWorkingCapitalExpenditures	Capital ExpendituresCapitalExpenditures
C	7000000	66298404	3346707	49999170	16299233	2009	false	true	true	true
B	2405000	113537854			113531868	2002	true	true	true	true	5986
A	80000000	139158000				2009	false	false	true	true		139158000

Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers	Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI	Total Private Business UseTotalPrivateBusinessUse	Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest	Change In Use Bond Financed PropChangeInUseBondFinancedProp	Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs
C	false	false	false	false	0.00000	0.00000	0.00000	false	false	true
A	false	false	false	false	0.00000	0.00000	0.00000	false	false	true

Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiled	Rebate Not Due YetRebateNotDueYet	Exception To RebateExceptionToRebate	No Rebate DueNoRebateDue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Business Name Line1NameOfGICProvider/BusinessNameLine1	Gross Proceeds InvestedGrossProceedsInvested	Written Proc To Monitor ReqsWrittenProcToMonitorReqs
NA
C	false	true	false	false	false	false	NA	true	true
NA
B	false	true	false	false	false	false	NA	false	true
NA
A	false	true	false	false	false	false	NA	false	true

Form990 Schedule K Part V Form990ScheduleKPartV (3 entries)

Bond ReferenceBondReferenceCd	Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction
C	true
B	true
A	true

Form990 Schedule K Part VI Form990ScheduleKPartVI

Field	Value	IRS element (for citing)
Identifier	Supplemental Information	Identifier
Return Reference	Part VI	ReturnReference
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, Line 3, Column C- The difference between total proceeds of the issue and the issue price reported in Part I, Column (e) is investment earnings.Part II, Line 4, Column C- This amount consists of a yield-restricted fund holding restricted gifts to the next call date of the 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 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.	Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
Commonwealth Edison ComEd
Trustee/Dire	1032345	ComEd Electrical Ser	false
Commonwealth Edison ComEd
Trustee/CEO	1032345	ComEd Electrical Serv.	false
Northern Trust
Trustee/CEO	390941	Inv.Custody/Perf Serv.	false

Form990 Schedule L Part V Form990ScheduleLPartV

Field	Value	IRS element (for citing)
Explanation	Northern Trust is one of several banks that the Institute uses for various investment and banking services. F. Waddell serves as CEO of Northern Trust.ComEd is an utility company that supplies electricity to the Institute. A. Pramaggiore serves as CEO of ComEd, A. Steven Crown is a Director of ComEd.	Explanation

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1411	NumberOfContributions
Method Of Determining Revenues	See Part II	MethodOfDeterminingRevenues

Art Fractional Interest ArtFractionalInterest

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	625	NumberOfContributions
Method Of Determining Revenues	See Part II	MethodOfDeterminingRevenues

Books And Publications BooksAndPublications

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	28082	NoncashContribsRptdF990
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenues

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	80	NumberOfContributions
Noncash Contribs Rptd F990	5497934	NoncashContribsRptdF990
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	SPECIAL EVENTS	323	343926	FMV
X	EQUIPMENT	1	24213	FMV
X	DEPT'L SUPPLIES	11	33252	FMV
X	AIRFARE	200	76554	FMV

Field	Value	IRS element (for citing)
Number Of8283 Received	53	NumberOf8283Received
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	true	ReviewProcessUnusualNCGifts
Third Parties Used	true	ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)

IdentifierIdentifier	ExplanationExplanation
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.
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.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (13 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
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).
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.
Form 990, Part VI, Line 14	The Institute has a document retention and destruction policy that is approved by Management.
Form 990, Part V, Line 7h	Form 1098-C is not applicable to the Institute.
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.
Other Changes In Net Assets Or Fund Balances - Other Increases	Unrealized Appreciation on Funds Held in Trust = $1890409	Form 990, Part XI, Line 9
Other Changes In Net Assets Or Fund Balances - Other Increases	Pension Related Changes other than Net Periodic Pension Cost = $25944950	Form 990, Part XI, Line 9
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.	Form 990, Part VI, Line 19
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, the President, Provost, and 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 15b
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 members of the Board of Trustees, Board of Governors, and Standing and Advisory 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 12c
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 11b
Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents	The Institutes bylaws were amended on November 14, 2012. The significant changes resulting from those amendments are as follows. First, the amendments eliminated corporate members with the right to elect Trustees. Individuals with the status of Governing Member or Honorary Governing Member as of the date of the amendments retain use of their titles and any associated benefits such as museum membership, but they no longer elect Trustees. As a result, Governing and Honorary Governing Members do not meet the definition of member for purposes of Part VI, Section A, question 6. Second, the amendments provide that each new class of Trustees will be elected by the Board of Trustees at its annual meeting and changes the number of elected voting Trustees from 42 to a range of 41 to 46.	Form 990, Part VI, Line 4
Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et	A family relationship exists between Trustees Robert H. Bergman and Andrew M. Rosenfield. A business relationship exists between Officer Walter E. Massey and Trustee Cary D. McMillan. Business relationships exist between the following Trustees: Thomas J. Pritzker, Cary McMillan and Byron Trott; Thomas J. Pritzker and Samuel M. Mencoff; Thomas J. Pritzker and Matthew Gibson; Thomas J. Pritzker and Mark Pu; Byron Trott and Joseph Mansueto; Kenneth C. Griffin and James A. Gordon; A. Steven Crown and Anne Pramaggiore; A. Steven Crown and Robert M. Levy; Robert M. Levy and Melinda Martin Sullivan;Sarah Nava Garvey and Eric T. McKissack; Dana D. Rice and Michael Sacks; Fred Eyechaner and Byron Trott; Fred Eyechaner and Michael Sacks.	Form 990, Part VI, Line 2

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI (8 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Total IncomeTotalIncome	EOY AssetsEOYAssets	Business Name Line1DirectControllingEntityName/BusinessNameLine1
AIC GS MEZZ LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	375349	3700000	NA
AIC MS SS LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE		3175594	NA
AIC BLK LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE		12444346	NA
AIC AX LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE		1789104	NA
AIC AA LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	324575	3536113	NA
AICHP LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	684535	1608569	NA
AICGS LLC
111 South Michigan Avenue	Chicago	IL	60603	362167725	Investments	DE	1234428	4256000	NA
AICCB LLC
111 South Michigan Avenue	Chicago	IL	60603	205052348	Investments	DE	732283	4700000	NA

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	false	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Dividends Related Organization	false	DividendsRelatedOrganization
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	false	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg