ART INSTITUTE OF CHICAGO: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: ART INSTITUTE OF CHICAGO (EIN 36-2167725)
Tax period: 2024-07-01 to 2025-06-30
Filed: 2026-05-11
IRS object ID: 202611319349305991
Schema version: 2024v5.2
Source: Download XML · Original 990 at ProPublica

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

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

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-05-11T18:47:24-05:00	ReturnTs
Tax Period End	2025-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	655 NEW YORK AVE NW STE 1100	AddressLine1Txt
City	WASHINGTON	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	20001	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-07-01	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)
In Care Of	% ALEXANDRA HOLT	InCareOfNm
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	ALEXANDRA HOLT	PersonNm
Person Title	EXEC VP, FIN & ADMIN	PersonTitleTxt
Phone	3124994265	PhoneNum
Signature	2026-05-07	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	TRAVIS L PATTON	PreparerPersonNm
PTIN	P00369623	PTIN
Phone	2024141000	PhoneNum
Preparation	2026-05-06	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ALEXANDRA HOLT	PrincipalOfficerNm

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)
Gross Receipts	$773,297,676	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
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	THE ART INSTITUTE OF CHICAGO, A NOT-FOR-PROFIT CORPORATION, IS BOTH A MUSEUM AND AN INSTITUTION OF HIGHER EDUCATION THAT EXISTS TO PROVIDE APPRECIATION AND EDUCATION IN VISUAL FINE ARTS AND DESIGN.	ActivityOrMissionDesc
Voting Members Governing Body	58	VotingMembersGoverningBodyCnt
Voting Members Independent	58	VotingMembersIndependentCnt
Total Employee	3643	TotalEmployeeCnt
Total Volunteers	193	TotalVolunteersCnt
Total Gross UBI	$4,259,873	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$106,739,363	PYContributionsGrantsAmt
CY Contributions Grants	$80,549,211	CYContributionsGrantsAmt
PY Program Service Revenue	$255,278,479	PYProgramServiceRevenueAmt
CY Program Service Revenue	$250,412,128	CYProgramServiceRevenueAmt
PY Investment Income	$123,720,828	PYInvestmentIncomeAmt
CY Investment Income	$124,857,058	CYInvestmentIncomeAmt
PY Other Revenue	$8,062,323	PYOtherRevenueAmt
CY Other Revenue	$8,574,733	CYOtherRevenueAmt
PY Total Revenue	$493,800,993	PYTotalRevenueAmt
CY Total Revenue	$464,393,130	CYTotalRevenueAmt
PY Grants And Similar Paid	$54,763,306	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$59,195,780	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$151,502,975	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$163,341,870	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$811,944	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$734,253	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$11,250,708	CYTotalFundraisingExpenseAmt
PY Other Expenses	$141,082,158	PYOtherExpensesAmt
CY Other Expenses	$158,645,491	CYOtherExpensesAmt
PY Total Expenses	$348,160,383	PYTotalExpensesAmt
CY Total Expenses	$381,917,394	CYTotalExpensesAmt
PY Revenues Less Expenses	$145,640,610	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$82,475,736	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,070,527,457	TotalAssetsBOYAmt
Total Assets EOY	$2,194,246,798	TotalAssetsEOYAmt
Total Liabilities BOY	$245,300,480	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$240,155,369	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,825,226,977	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,954,091,429	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$199,849,177	ExpenseAmt
Grant	$59,175,780	GrantAmt
Revenue	$204,081,263	RevenueAmt
Desc	THE SCHOOL OF THE ART INSTITUTE OF CHICAGO (SAIC} IS AN ACCREDITED COLLEGE OF ART AND DESIGN OFFERING UNDERGRADUATE, GRADUATE, AND POST-BACCALAUREATE DEGREE PROGRAMS FOR STUDIO ARTISTS, ART EDUCATORS, ART THERAPISTS, DESIGNERS, WRITERS, AND ART HISTORIANS. SAIC'S FINE ARTS GRADUATE PROGRAM IS RANKED NUMBER TWO IN THE NATION BY U.S. NEWS AND WORLD REPORT, AND THE SCHOOL OFFERS WORLD-CLASS RESOURCES INCLUDING THE ART INSTITUTE OF CHICAGO MUSEUM, ON-CAMPUS GALLERIES, AND STATE-OF-THE-ART FACILITIES. IN FISCAL YEAR 2025, AVERAGE ACADEMIC YEAR FULL-TIME-EQUIVALENT ENROLLMENT OF DEGREE-SEEKING STUDENTS WAS 3,323 WITH INTERNATIONAL STUDENTS FROM 80 COUNTRIES.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$140,328,620	ExpenseAmt
Grant	$20,000	GrantAmt
Revenue	$51,562,627	RevenueAmt
Desc	THE ART INSTITUTE OF CHICAGO SHARES ITS SINGULAR COLLECTIONS WITH OUR CITY AND THE WORLD. WE COLLECT, CARE FOR, AND INTERPRET WORKS OF ART ACROSS TIME, CULTURES, GEOGRAPHIES, AND IDENTITIES, CENTERING THE VISION OF ARTISTS AND MAKERS. WE RECOGNIZE THAT ALL ART IS MADE IN A PARTICULAR CONTEXT, DEMANDING CONTINUAL, DYNAMIC RECONSIDERATION IN THE PRESENT. WE ARE A PLACE OF GATHERING; WE FOSTER THE EXCHANGE OF IDEAS AND INSPIRE AN EXPANSIVE, INCLUSIVE UNDERSTANDING OF HUMAN CREATIVITY. THE MUSEUM ACHIEVES THIS THROUGH BUILDING AND STEWARDING ITS RENOWNED PERMANENT COLLECTION, PRODUCING EDUCATIONAL PROGRAMMING AROUND THE COLLECTION, AND PRESENTING WORLD CLASS EXHIBITIONS HIGHLIGHTING BOTH ITS COLLECTION AND OBJECTS LOANED FROM OTHER INSTITUTIONS. IN FY25, FEATURED EXHIBITIONS INCLUDED "GEORGIA O'KEEFFE: MY NEW YORKS,""MYTH AND MARBLE: ANCIENT ROMAN SCULPTURE FROM THE TORLONIA COLLECTION,"FRIDA KAHLO'S MONTH IN PARIS: A FRIENDSHIP WITH MARY REYNOLDS."	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$340,177,797	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
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
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	Yes (true)	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	Yes (true)	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (true)	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (true)	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (true)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	4139	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	3643	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
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	58	GoverningBodyVotingMembersCnt
Independent Voting Member	58	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	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	AL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	AK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	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	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	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	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	ND	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	VA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WI	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	ALEXANDRA HOLT	PersonNm
Phone	3124994265	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 (85 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Key EmployeeKeyEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
JAMES RONDEAU
PRESIDENT, MUSEUM	40.0	1.0	Yes (X)	$1,024,393	$0	$138,751
ELISSA TENNY
PRESIDENT, SAIC ENDED 07/2024	40.0	0.0	Yes (X)	$753,076	$0	$63,745
ALEXANDRA HOLT
EVP FOR FINANCE AND ADMIN	40.0	1.0	Yes (X)	$511,868	$0	$54,389
EUGENE ADAMS
CHIEF INFORMATION OFFICER	40.0	0.0		$256,998	$0	$213,026	Yes (X)
LESLIE DARLING
EVP, GENERAL CSL & SECRETARY	40.0	0.0	Yes (X)	$416,960	$0	$50,830
SARAH GUERNSEY
DEPUTY DIR & SR VP CUR AFFAIRS	40.0	0.0		$357,259	$0	$106,123		Yes (X)
AMY ALLEN
SENIOR VP, ENGAGEMENT, MUSEUM	40.0	0.0		$344,764	$0	$102,963		Yes (X)
MARTIN BERGER
PROVOST & SR VP ACAD AFFAIRS	40.0	0.0		$394,834	$0	$41,968		Yes (X)
DAVID NACOL
SENIOR VP, PHILANTHROPY	40.0	0.0		$372,790	$0	$57,053		Yes (X)
JISEON LEE ISBARA
PRESIDENT, SCHOOL	40.0	0.0	Yes (X)	$354,039	$0	$32,755
THOMAS BUECHELE
VP, CAMPUS OPERATIONS, SCHOOL	40.0	0.0		$253,337	$0	$112,019		Yes (X)
DENISE BANKS
CHIEF HR OFFICER	40.0	0.0		$311,123	$0	$33,632		Yes (X)
ROSE MILKOWSKI
VP, ENROLLMENT MANAGEMENT	40.0	0.0		$315,330	$0	$29,129		Yes (X)
KATHRYN RAHN
SR VP, MARKETING & COMMS	40.0	0.0		$286,317	$0	$50,885	Yes (X)
MATTHEW NORRIS
VP, ENTERPRISE SOFTWARE ANALYT	40.0	0.0		$252,595	$0	$73,024	Yes (X)
EVELYN JEFFERS
FORMER COO, MUSEUM	0.0	0.0		$301,728	$0	$22,367			Yes (X)
ANN GOLDSTEIN
DEPUTY DIR & SR CURATOR AT LG	40.0	0.0		$283,659	$0	$39,159	Yes (X)
CAMILLE MARTIN-THOMSEN
DEAN OF FACULTY & VP ACAD	40.0	0.0		$278,518	$0	$43,491		Yes (X)
EMILY BENEDICT
VP, CAMPUS OPERATIONS, MUSEUM	40.0	0.0		$268,680	$0	$48,057		Yes (X)
ANTOINETTE MURRIL
DEPUTY CHIEF HR OFFICER	40.0	0.0		$252,948	$0	$30,002	Yes (X)
LISA WAINWRIGHT
FORMER FAC DEAN/VP ACAD DEAN	40.0	0.0		$210,983	$0	$38,290			Yes (X)
COURTNEY ROWE
VP FOR ADV, SAIC ENDED 08/2024	40.0	0.0		$175,444	$0	$21,841		Yes (X)
ERIC P LEFKOFSKY
CHAIR	1.0	0.0	Yes (X)	$0	$0	$0				Yes (X)
DARREL HACKETT
VICE CHAIR	1.0	0.0	Yes (X)	$0	$0	$0				Yes (X)
SAMUEL M MENCOFF
VICE CHAIR	1.0	0.0	Yes (X)	$0	$0	$0				Yes (X)
SYLVIA M NEIL
VICE CHAIR	1.0	0.0	Yes (X)	$0	$0	$0				Yes (X)
MICHAEL J SACKS
VICE CHAIR	1.0	0.0	Yes (X)	$0	$0	$0				Yes (X)
DAVID J VITALE
VICE CHAIR	1.0	0.0	Yes (X)	$0	$0	$0				Yes (X)
PAUL J CARBONE
TREASURER	1.0	0.0	Yes (X)	$0	$0	$0				Yes (X)
ARJUN AGGARWAL
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
FRANCES BEATTY
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
ANNE SEARLE BENT
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
HEIJI CHOY BLACK
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
ANITA BLANCHARD
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
MICHELLE BOONE
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
LESLIE BUCHBINDER
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
JACOLYN BUCKSBAUM
TRUSTEE - AS OF 11/12/24	1.0	0.0		$0	$0	$0				Yes (X)
ROBERT J BUFORD
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
LINDA SMITH BUONANNO
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
SCOTT CANEL
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
HONGHONG CHEN
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
LESTER N CONEY
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
RITA SOLA COOK
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
A STEVEN CROWN
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
JILL DELANEY
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
SHAWN M DONNELLEY
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
JANET DUCHOSSOIS
TRUSTEE - ENDED 11/12/24	1.0	0.0		$0	$0	$0				Yes (X)
FRED EYCHANER
TRUSTEE - ENDED 11/12/24	1.0	0.0		$0	$0	$0				Yes (X)
LORI GRAY FAVERSHAM
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
STEPHANIE SKESTOS GABRIELE
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
DENISE B GARDNER
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
SARAH N GARVEY
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
KAREN Z GRAY-KREHBIEL
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
JOSEPH P GROMACKI
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
ADNAAN HAMID
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
CARYN HARRIS
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
CAROL HORVITZ
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
PAMELA JOYNER
TRUSTEE - ENDED 5/9/25	1.0	0.0		$0	$0	$0				Yes (X)
CHRISTOPHER KEOGH
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
KIP KIRKPATRICK
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
JAY FREDERICK KREHBIEL
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
JOSEF LAKONISHOK
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
LAWRENCE F LEVY
TRUSTEE - ENDED 11/12/24	1.0	0.0		$0	$0	$0				Yes (X)
ROBERT M LEVY
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
JOHN F MANLEY
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
JOE MANSUETO
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
HOWARD M MCCUE III
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
ERIC T MCKISSACK
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
CARY D MCMILLAN
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
USHA MITTAL
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
KRISTIN REY
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
MICHAEL POLSKY
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
ANNE REYES
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
LINDA JOHNSON RICE
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
ANDREW M ROSENFIELD
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
E SCOTT SANTI
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
MAMADOU-ABOU SARR
TRUSTEE - ENDED 6/11/25	1.0	0.0		$0	$0	$0				Yes (X)
ANITA K SINHA
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
MAURICE SMITH
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
ALEXANDER STUART
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
MARILYNN THOMA
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
JOHN VANDERLINDEN
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
FREDERICK H WADDELL
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
ALEX WASHINGTON
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)
REEVE B WAUD
TRUSTEE	1.0	0.0		$0	$0	$0				Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$7,977,643	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,403,499	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	223	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
ALLIED UNIVERSAL SECURITY
161 Washington St 600	CONSHOHOCKEN	PA	19428	SECURITY SERVICES	$8,684,539
THE STONE GROUP
228 N WASHTENAW	CHICAGO	IL	60612	ENGINEERING SERVICES	$6,798,494
GDI SERVICES INC
4952 W 128TH PLACE	ALSIP	IL	60803	CLEANING SERVICES	$3,508,173
MA MORTENSON COMPANY
300 PARK BOULEVARD SUITE 100	ITASCA	IL	60143	CONSTRUCTION SERVICE	$2,748,715
FOOD FOR THOUGHT ENTERPRISES INC
7001 RIDGEWAY AVE	LINCOLNWOOD	IL	60712	CATERING	$1,523,780

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	90	CntrctRcvdGreaterThan100KCnt
Membership Dues	$14,575,416	MembershipDuesAmt
Fundraising	$164,700	FundraisingAmt
Government Grants	$6,471,615	GovernmentGrantsAmt
All Other Contributions	$59,337,480	AllOtherContributionsAmt
Noncash Contributions	$8,570,183	NoncashContributionsAmt
Total Contributions	$80,549,211	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES	611600	$199,653,092	$199,653,092
MUSEUM ADMISSIONS	900099	$22,553,085	$22,553,085
MISC PROGRAM REV	900099	$1,421,931	$1,421,931
MUSEUM RESTAURANT COMMISSIONS	722513	$4,169,596	$4,169,596
EXHIBITION LOAN AND PARTICIPANT FEES	900099	$1,277,072	$1,277,072

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$21,337,352	TotalRevenueColumnAmt
Related Or Exempt Func Income	$21,337,352	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$250,412,128	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$21,649,742	TotalRevenueColumnAmt
Unrelated Business Revenue	$3,205,308	UnrelatedBusinessRevenueAmt
Exclusion	$18,444,434	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	$47,535	TotalRevenueColumnAmt
Exclusion	$47,535	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$1,572,206	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,572,206	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,572,206	TotalRevenueColumnAmt
Unrelated Business Revenue	$33,869	UnrelatedBusinessRevenueAmt
Exclusion	$1,538,337	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$406,889,104	SecuritiesAmt
Other	$166,820	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$303,839,506	SecuritiesAmt
Other	$9,102	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$103,049,598	SecuritiesAmt
Other	$157,718	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$103,207,316	TotalRevenueColumnAmt
Exclusion	$103,049,598	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$15,300	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$164,700	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$3,000	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$12,300	TotalRevenueColumnAmt
Exclusion	$12,300	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

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

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$11,289,786	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$5,052,938	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,236,848	TotalRevenueColumnAmt
Related Or Exempt Func Income	$5,231,762	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$1,005,086	UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER REVENUE	Desc
Business	900099	BusinessCd
Total Revenue Column	$705,844	TotalRevenueColumnAmt
Unrelated Business Revenue	$15,610	UnrelatedBusinessRevenueAmt
Exclusion	$690,234	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$705,844	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$464,393,130	TotalRevenueColumnAmt
Related Or Exempt Func Income	$255,643,890	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$4,259,873	UnrelatedBusinessRevenueAmt
Exclusion	$123,782,438	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	$59,130,092	TotalAmt
Program Services	$59,130,092	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$65,688	TotalAmt
Program Services	$65,688	ProgramServicesAmt

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	$5,593,735	TotalAmt
Program Services	$3,974,227	ProgramServicesAmt
Management And General	$1,233,379	ManagementAndGeneralAmt
Fundraising	$386,129	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$217,485	TotalAmt
Program Services	$217,485	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$118,799,390	TotalAmt
Program Services	$99,013,863	ProgramServicesAmt
Management And General	$13,036,099	ManagementAndGeneralAmt
Fundraising	$6,749,428	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$1,028,000	TotalAmt
Program Services	$698,973	ProgramServicesAmt
Management And General	$206,504	ManagementAndGeneralAmt
Fundraising	$122,523	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$29,306,675	TotalAmt
Program Services	$23,637,394	ProgramServicesAmt
Management And General	$3,800,238	ManagementAndGeneralAmt
Fundraising	$1,869,043	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$8,396,585	TotalAmt
Program Services	$6,912,664	ProgramServicesAmt
Management And General	$983,390	ManagementAndGeneralAmt
Fundraising	$500,531	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	$1,919,071	TotalAmt
Management And General	$1,919,071	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$366,155	TotalAmt
Management And General	$366,155	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$4,053	TotalAmt
Program Services	$4,053	ProgramServicesAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$734,253	TotalAmt
Fundraising	$734,253	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$2,851,825	TotalAmt
Management And General	$2,851,825	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$23,226,753	TotalAmt
Program Services	$21,477,159	ProgramServicesAmt
Management And General	$1,567,380	ManagementAndGeneralAmt
Fundraising	$182,214	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$2,269,343	TotalAmt
Program Services	$2,253,689	ProgramServicesAmt
Management And General	$6,613	ManagementAndGeneralAmt
Fundraising	$9,041	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$8,560,618	TotalAmt
Program Services	$8,079,292	ProgramServicesAmt
Management And General	$227,357	ManagementAndGeneralAmt
Fundraising	$253,969	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$5,421,719	TotalAmt
Program Services	$2,993,870	ProgramServicesAmt
Management And General	$2,375,717	ManagementAndGeneralAmt
Fundraising	$52,132	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$197,302	TotalAmt
Program Services	$197,302	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$32,413,562	TotalAmt
Program Services	$31,661,559	ProgramServicesAmt
Management And General	$606,355	ManagementAndGeneralAmt
Fundraising	$145,648	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$4,317,604	TotalAmt
Program Services	$4,089,775	ProgramServicesAmt
Management And General	$54,341	ManagementAndGeneralAmt
Fundraising	$173,488	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	$395,628	TotalAmt
Program Services	$254,776	ProgramServicesAmt
Management And General	$120,627	ManagementAndGeneralAmt
Fundraising	$20,225	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$4,272,700	TotalAmt
Program Services	$3,391,745	ProgramServicesAmt
Management And General	$880,955	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

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

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$23,253,347	TotalAmt
Program Services	$23,054,057	ProgramServicesAmt
Management And General	$199,290	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,230,417	TotalAmt
Program Services	$1,230,417	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
ACCESSIONS/BOOKS	$37,727,786	$37,727,786
OTHER FF&E AND REL MAINT.	$2,717,763	$2,663,738	$23,843	$30,182
EXHIBITION RELATED	$3,626,122	$3,626,122
BAD DEBT EXPENSE	$1,484,797	$1,484,797

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,388,926	TotalAmt
Program Services	$2,337,274	ProgramServicesAmt
Management And General	$29,750	ManagementAndGeneralAmt
Fundraising	$21,902	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$381,917,394	TotalAmt
Program Services	$340,177,797	ProgramServicesAmt
Management And General	$30,488,889	ManagementAndGeneralAmt
Fundraising	$11,250,708	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

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

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$52,680,354	BOYAmt
EOY	$68,782,731	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$57,256,596	BOYAmt
EOY	$58,614,803	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$7,143,878	BOYAmt
EOY	$8,716,932	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$438,585	BOYAmt
EOY	$5,108	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$2,387,015	BOYAmt
EOY	$2,576,544	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$3,309,890	BOYAmt
EOY	$3,029,352	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$830,384,918	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$467,870,219	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$353,549,828	BOYAmt
EOY	$362,514,699	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$936,301,337	BOYAmt
EOY	$1,021,729,730	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$619,214,959	BOYAmt
EOY	$634,294,888	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$38,245,015	BOYAmt
EOY	$33,982,011	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,070,527,457	BOYAmt
EOY	$2,194,246,798	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$40,971,060	BOYAmt
EOY	$46,072,952	EOYAmt

Grants Payable GrantsPayableGrp

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

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$13,393,382	BOYAmt
EOY	$13,985,825	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$35,250,000	BOYAmt
EOY	$34,250,000	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$105,877,319	BOYAmt
EOY	$101,834,995	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$49,808,719	BOYAmt
EOY	$44,011,597	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$245,300,480	BOYAmt
EOY	$240,155,369	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$703,741,338	BOYAmt
EOY	$762,619,864	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,121,485,639	BOYAmt
EOY	$1,191,471,565	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,825,226,977	BOYAmt
EOY	$1,954,091,429	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,070,527,457	BOYAmt
EOY	$2,194,246,798	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$82,475,736	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$45,678,569	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$710,147	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)
Consol And Sep Basis Fincl Stmt	Yes (X)	ConsolAndSepBasisFinclStmtInd

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

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$56,595,397	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$61,041,179	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$46,026,049	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$101,440,640	CurrentTaxYearMinus1YearAmt
Current Tax Year	$75,933,374	CurrentTaxYearAmt
Total	$341,036,639	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,171,094	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,872,773	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$5,832,321	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$5,298,722	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,615,837	CurrentTaxYearAmt
Total	$26,790,747	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

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

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$61,766,491	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$66,913,952	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$51,858,370	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$106,739,362	CurrentTaxYearMinus1YearAmt
Current Tax Year	$80,549,211	CurrentTaxYearAmt
Total	$367,827,386	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$49,724,968	SubstantialContributorsTotAmt
Public Support Total170	$318,102,418	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$7,940,344	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$9,764,342	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$12,900,264	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$9,496,032	CurrentTaxYearMinus1YearAmt
Current Tax Year	$23,235,614	CurrentTaxYearAmt
Total	$63,336,596	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

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

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$365,938	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,006,750	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,175,256	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,039,256	CurrentTaxYearMinus1YearAmt
Current Tax Year	$705,534	CurrentTaxYearAmt
Total	$6,292,734	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$437,456,716	TotalSupportAmt
Gross Receipts Rltd Activities	$1,158,907,614	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.72716	PublicSupportCY170Pct
Public Support PY170	0.69170	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART I, LINE 2	FormAndLineReferenceDesc
Explanation	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.	ExplanationTxt

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)
Total Grassroots Lobbying		TotalGrassrootsLobbyingGrp
Total Direct Lobbying		TotalDirectLobbyingGrp
Total Lobbying Expend		TotalLobbyingExpendGrp
Other Exempt Purpose Expend		OtherExemptPurposeExpendGrp
Total Exempt Purpose Expend		TotalExemptPurposeExpendGrp
Lobbying Nontaxable Amount		LobbyingNontaxableAmountGrp
Grassroots Nontaxable		GrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non Tx		TotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non Tx		TotLbbyExpendMnsLbbyngNonTxGrp
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
Direct Contact Legislators	$0	DirectContactLegislatorsAmt
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	Yes (true)	OtherActivitiesInd
Other Activities	$4,053	OtherActivitiesAmt
Total Lobbying Expenditures	$4,053	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind
Form4720 Filed4912 Tax	0	Form4720Filed4912TaxInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE C, PART 11-B, LINE 1	FormAndLineReferenceDesc
Explanation	THE AMOUNT IN LINE 1I REPRESENTS THE ART INSTITUTE OF CHICAGO'S PORTION OF FUNDS UTILIZED BY MUSEUMS IN THE PARK FOR LOBBYING ACTIVITIES ($2,812), CHOOSE CHICAGO ESTIMATE ALLOCATED TO LOBBYING ACTIVITIES ($34). ($45) ALLOCATED TO OMBUDS ASSOCIATION, ($76) ALLOCATED TO AICPA AND ($1,086) ALLOCATED TO NATIONAL ASSOCIATION IS A GOOD-FAITH ESTIMATE OF THE LOBBYING FEES ASSOCIATED WITH INDIVIDUAL EMPLOYEE MEMBERSHIPS IN PROFESSIONAL ORGANIZATIONS AND IS NOT DIRECTLY RELATED TO LOBBYING ON BEHALF OF THE ART INSTITUTE OF CHICAGO. MUSEUMS IN THE PARK WORKS WITH THE CHICAGO PARK DISTRICT, CHICAGO PUBLIC SCHOOLS, THE CITY OF CHICAGO, THE STATE OF ILLINOIS AND OTHER ENTITIES TO BUILD GREATER AWARENESS OF THE INTRINSIC VALUE OF MUSEUMS. LINE 1G IS CHECKED YES BECAUSE THE SCHOOL OF THE ART INSTITUTE OF CHICAGO (SAIC) HAD CONTACT WITH VARIOUS LOCAL ELECTED OFFICIALS THROUGH LETTER WRITING INITIATIVES. THE PURPOSE OF THESE CONTACTS IS TO EDUCATE LOCAL ELECTED OFFICIALS ABOUT SAIC PROGRAMS AND INITIATIVES TAKING PLACE IN THEIR DISTRICTS AND TO ENCOURAGE SUPPORT FOR THE LOCAL ARTS COMMUNITY. THERE WERE NO COSTS ASSOCIATED WITH THESE CONTACTS IN FY25.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp
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	Yes (true)	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,568,005,576	BeginningYearBalanceAmt
Contributions	$47,384,303	ContributionsAmt
Investment Earnings Or Losses	$167,234,424	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,694,034	GrantsOrScholarshipsAmt
Other Expenditures	$103,932,393	OtherExpendituresAmt
Administrative Expenses	$2,765,574	AdministrativeExpensesAmt
End Year Balance	$1,670,232,302	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,394,110,396	BeginningYearBalanceAmt
Contributions	$86,611,319	ContributionsAmt
Investment Earnings Or Losses	$166,528,107	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,569,259	GrantsOrScholarshipsAmt
Other Expenditures	$70,516,379	OtherExpendituresAmt
Administrative Expenses	$3,158,608	AdministrativeExpensesAmt
End Year Balance	$1,568,005,576	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,285,082,402	BeginningYearBalanceAmt
Contributions	$62,584,444	ContributionsAmt
Investment Earnings Or Losses	$125,386,409	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,257,866	GrantsOrScholarshipsAmt
Other Expenditures	$70,719,432	OtherExpendituresAmt
Administrative Expenses	$2,965,561	AdministrativeExpensesAmt
End Year Balance	$1,394,110,396	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,467,278,742	BeginningYearBalanceAmt
Contributions	$83,767,175	ContributionsAmt
Investment Earnings Or Losses	-$182,897,412	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,955,769	GrantsOrScholarshipsAmt
Other Expenditures	$75,629,320	OtherExpendituresAmt
Administrative Expenses	$2,481,014	AdministrativeExpensesAmt
End Year Balance	$1,285,082,402	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,140,478,439	BeginningYearBalanceAmt
Contributions	$63,155,109	ContributionsAmt
Investment Earnings Or Losses	$326,587,212	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,792,826	GrantsOrScholarshipsAmt
Other Expenditures	$55,336,674	OtherExpendituresAmt
Administrative Expenses	$2,812,518	AdministrativeExpensesAmt
End Year Balance	$1,467,278,742	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.39120	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.34740	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.26140	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$33,322,096	OtherCostOrOtherBasisAmt
Book Value	$33,322,096	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$227,726,920	OtherCostOrOtherBasisAmt
Depreciation	$154,019,174	DepreciationAmt
Book Value	$73,707,745	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$533,998,473	OtherCostOrOtherBasisAmt
Depreciation	$284,892,695	DepreciationAmt
Book Value	$249,105,779	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$35,337,429	OtherCostOrOtherBasisAmt
Depreciation	$28,958,350	DepreciationAmt
Book Value	$6,379,079	BookValueAmt

Field	Value	IRS element (for citing)
Other Land Buildings		OtherLandBuildingsGrp
Total Book Value Land Buildings	$362,514,699	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
HEDGE FUNDS	$200,756,521	F
VENTURE CAPITAL/PRIVATE EQUITY	$233,652,547	F
REAL ASSETS	$69,413,279	F
PRIVATE CREDIT	$130,472,541	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$634,294,888	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
PENSION LIABILITY	$3,732,001
REFUNDABLE ADVANCES	$821,545
OPERATING LEASE LIABILITY	$39,458,051

Field	Value	IRS element (for citing)
Total Liability	$44,011,597	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$513,486,278	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$45,678,569	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$500,318	DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants	$0	RecoveriesPriorYearGrantsAmt
Other Revenue	$710,147	OtherRevenueAmt
Revenue Not Reported	$46,889,034	RevenueNotReportedAmt
Revenue Subtotal	$466,597,244	RevenueSubtotalAmt
Investment Expenses Not Incld	$2,851,825	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	-$5,055,939	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$2,204,114	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$464,393,130	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$384,621,826	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$500,318	DonatedServicesUseFcltsAmt
Prior Year Adjustments	$0	PriorYearAdjustmentsAmt
Losses Reported	$0	LossesReportedAmt
Other Expenses Included	$5,055,939	OtherExpensesIncludedAmt
Expenses Not Reported	$5,556,257	ExpensesNotReportedAmt
Expenses Subtotal	$379,065,569	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$2,851,825	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$2,851,825	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$381,917,394	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE D, PART XI, LINE 2(D)	PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COSTS - 710,147
SCHEDULE D, PART XI, LINE 4(B)	COST OF GOODS SOLD - (5,052,939) SPECIAL EVENT EXPENSE - (3,000)
SCHEDULE D, PART XII, LINE 2(D)	COST OF GOODS SOLD - 5,052,939 SPECIAL EVENT EXPENSE - 3,000
SCHEDULE D, PART III, LINE 1A	FROM THE INSTITUTE'S AUDITED FINANCIAL STATEMENTS: "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 WITH DONOR RESTRICTIONS, IN WHICH EITHER (I) THE PRINCIPAL BALANCE IS TO BE HELD IN PERPETUITY AND ONLY THE INCOME EARNED ON PRINCIPAL BALANCES MAY BE USED FOR ACQUISITIONS, OR (II) BOTH THE PRINCIPAL AND EARNED INCOME MAY BE USED FOR ACQUISITIONS; OR WITHOUT DONOR RESTRICTIONS, 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 INITIALLY ADOPTED IN 1975 AND LAST REVISED IN FISCAL YEAR 2025. THE OBJECTS ARE GENERALLY OFFERED FOR SALE AT A PUBLIC AUCTION AND THE PROCEEDS FROM SUCH DISPOSITIONS ARE CLASSIFIED AS WITH DONOR RESTRICTIONS. PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE USED TO PURCHASE OR COMMISSION WORKS OF ART FOR THE PERMANENT COLLECTION OR FOR THE DIRECT CARE OF OBJECTS WITHIN ITS PERMANENT COLLECTION. DIRECT CARE OF THE COLLECTION MEANS INVESTING IN OBJECTS IN THE MUSEUM'S PERMANENT COLLECTION BY ENHANCING THEIR LIFE, USEFULNESS, OR QUALITY, THEREBY ENSURING THEY WILL CONTINUE TO BENEFIT THE PUBLIC. DIRECT CARE INCLUDES, BUT IS NOT LIMITED TO, MAINTENANCE AND PROTECTION, CONSERVATION, AND MANAGEMENT OF THE COLLECTION. ALL WORKS OF ART AND CERTAIN LIBRARY COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH; THEY ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED, AND ARE SUBJECT TO STRICT ORGANIZATIONAL POLICIES GOVERNING THEIR USE. THE VALUE OF THE INSTITUTE'S PERMANENT COLLECTION IS NOT SUBJECT TO REASONABLE ESTIMATION. THEREFORE, IT IS NOT INCLUDED IN THE STATEMENTS OF FINANCIAL POSITION."
SCHEDULE D, PART III, LINE 4	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.
SCHEDULE D, PART V, LINE 4	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 IS CALCULATED 20 PERCENT BASED ON THE 12 QUARTER MOVING AVERAGE OF THE ENDOWMENT MARKET VALUE AND 80 PERCENT ON THE PRIOR YEAR'S SPENDABLE ENDOWMENT PAYOUT INFLATED BY THE GROWTH IN THE CONSUMER PRICE INDEX ("CPI-U"). 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 MAY BE IN EXCESS OF THE SPENDING POLICY AS DEEMED PRUDENT BY THE EXECUTIVE COMMITTEE.
SCHEDULE D, PART X, LINE 2	FROM 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. THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED ONLY IF iHE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. NO PROVISION WAS NECESSARY FOR THE INSTITUTE FOR UNRELATED BUSINESS INCOME TAXES AS THE ORGANIZATION HAS A NET OPERATING LOSS CARRYFORWARD TO COVER ANY CURRENT YEAR TAX LIABILITY." THE FINANCIAL STATEMENTS DID NOT REPORT UNCERTAIN TAX POSITIONS.

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3	THE NONDISCRIMINATORY POLICY IS PUBLICIZED IN A VARIETY OF MATERIALS, INCLUDING THE STUDENT BULLETIN, THE GENERAL REGISTRATION INFORMATION ISSUED EACH SEMESTER, INITIAL MARKETING MATERIALS, THE STUDENT HANDBOOK, AND ON A PUBLICLY ACCESSIBLE INTERNET PAGE (LINK:www.SAIC.edu).
SCHEDULE E, PART I, LINE 6(A)	THE INSTITUTE RECEIVES FEDERAL FINANCIAL AID FUNDING FROM THE DEPARTMENT OF EDUCATION.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (49 entries)

RegionRegionTxt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean	0	Program Services	CONFERENCES, LECTURES,	$769
Central America and the Caribbean	5	Program Services	EXHIBITIONS	$5,489
Central America and the Caribbean	0	Program Services	MEMBER TRAVEL	$2,160
Central America and the Caribbean	0	Program Services	RECRUITING	$1,867
Central America and the Caribbean	0	Program Services	RESEARCH	$877
East Asia and the Pacific	1	Program Services	CONFERENCES, LECTURES,	$27,615
East Asia and the Pacific	41	Program Services	EXHIBITIONS	$121,362
East Asia and the Pacific	1	Program Services	MARKETING/ PUBLIC RELA	$50,330
East Asia and the Pacific	0	Program Services	MEMBER TRAVEL	$44,432
East Asia and the Pacific	5	Program Services	RECRUITING	$128,519
East Asia and the Pacific	3	Program Services	RESEARCH	$11,289
Europe (Including Iceland and Greenland)	4	Program Services	CONFERENCES, LECTURES,	$165,945
Europe (Including Iceland and Greenland)	192	Program Services	EXHIBITIONS	$1,022,821
Europe (Including Iceland and Greenland)	1	Program Services	MARKETING/ PUBLIC RELA	$19,654
Europe (Including Iceland and Greenland)	0	Program Services	MEMBER TRAVEL	$230,861
Europe (Including Iceland and Greenland)	10	Program Services	RECRUITING	$401,079
Europe (Including Iceland and Greenland)	101	Program Services	RESEARCH	$284,596
Europe (Including Iceland and Greenland)	0	Program Services	STUDY TRIPS	$37,997
Middle East and North Africa	1	Program Services	CONFERENCES, LECTURES,	$14,667
Middle East and North Africa	6	Program Services	EXHIBITIONS	$10,028
Middle East and North Africa	0	Program Services	MEMBER TRAVEL	$6,021
Middle East and North Africa	0	Program Services	RECRUITING	$7,651
Middle East and North Africa	0	Program Services	RESEARCH	$10,644
North America	0	Program Services	CONFERENCES, LECTURES,	$12,529
North America	36	Program Services	EXHIBITIONS	$71,795
North America	0	Program Services	MEMBER TRAVEL	$2,253
North America	0	Program Services	RECRUITING	$43,531
North America	5	Program Services	RESEARCH	$25,194
South America	0	Program Services	CONFERENCES, LECTURES,	$2,047
South America	12	Program Services	EXHIBITIONS	$30,804
South America	0	Program Services	MEMBER TRAVEL	$1,652
South America	0	Program Services	RECRUITING	$15,655
South America	2	Program Services	RESEARCH	$5,972
South America	0	Program Services	STUDY TRIPS	$3,661
South Asia	0	Program Services	CONFERENCES, LECTURES,	$1,990
South Asia	26	Program Services	EXHIBITIONS	$88,217
South Asia	0	Program Services	MEMBER TRAVEL	$10,855
South Asia	3	Program Services	RECRUITING	$45,383
South Asia	0	Program Services	RESEARCH	$8,916
South Asia	0	Program Services	STUDY TRIPS	$2,226
Sub-Saharan Africa	12	Program Services	EXHIBITIONS	$19,985
Sub-Saharan Africa	0	Program Services	MEMBER TRAVEL	$853
Sub-Saharan Africa	0	Program Services	RECRUITING	$3,962
Sub-Saharan Africa	0	Program Services	RESEARCH	$18,934
Central America and the Caribbean	0	Investments		$272,084,561
North America	0	Investments		$10,659,880
East Asia and the Pacific	0	Grantmaking		$41,354
Middle East and North Africa	0	Grantmaking		$17,334
North America	0	Grantmaking		$7,000

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	364	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	103	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	467	TotalEmployeeCnt
Subtotal Spent	$2,519,665	SubtotalSpentAmt
Continuation Spent	$283,313,551	ContinuationSpentAmt
Total Spent	$285,833,216	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (3 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt
STUDENT SCHOLARSHIPS AND GRANTS	East Asia and the Pacific	6	$41,354	CREDIT TO ST
STUDENT SCHOLARSHIPS AND GRANTS	Middle East and North Africa	1	$17,334	CREDIT TO ST
STUDENT SCHOLARSHIPS AND GRANTS	North America	1	$7,000	CREDIT TO ST

Field	Value	IRS element (for citing)
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	Yes (true)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE F, PART I, LINE 2

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.

SCHEDULE F, PART I AND PART III

THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING FOR REPORTINGEXPENSES AND INVESTMENTS ON SCHEDULE F, PART I, AND GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS OUTSIDE OF THE UNITED STATES ON SCHEDULE F, PART III.

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

Field	Value	IRS element (for citing)
Person	LUKENS COMPANY	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2800 SHIRLINGTON RD 9TH FLOOR	AddressLine1Txt
City	ARLINGTON	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22206	ZIPCd

Field	Value	IRS element (for citing)
Activity	DIRECT MAIL	ActivityTxt
Fundraiser Control Of Funds	false	FundraiserControlOfFundsInd
Gross Receipts	$1,154,264	GrossReceiptsAmt
Retained By Contractor	$734,253	RetainedByContractorAmt
Net To Organization	$420,011	NetToOrganizationAmt

Field	Value	IRS element (for citing)
Total Gross Receipts	$1,154,264	TotalGrossReceiptsAmt
Total Retained By Contractors	$734,253	TotalRetainedByContractorsAmt
Total Net To Organization	$420,011	TotalNetToOrganizationAmt
Licensed States	AL	LicensedStatesCd
Licensed States	AK	LicensedStatesCd
Licensed States	AR	LicensedStatesCd
Licensed States	CA	LicensedStatesCd
Licensed States	CO	LicensedStatesCd
Licensed States	CT	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	GA	LicensedStatesCd
Licensed States	HI	LicensedStatesCd
Licensed States	IL	LicensedStatesCd
Licensed States	KS	LicensedStatesCd
Licensed States	KY	LicensedStatesCd
Licensed States	ME	LicensedStatesCd
Licensed States	MD	LicensedStatesCd
Licensed States	MA	LicensedStatesCd
Licensed States	MI	LicensedStatesCd
Licensed States	MN	LicensedStatesCd
Licensed States	MS	LicensedStatesCd
Licensed States	MO	LicensedStatesCd
Licensed States	NH	LicensedStatesCd
Licensed States	NJ	LicensedStatesCd
Licensed States	NM	LicensedStatesCd
Licensed States	NY	LicensedStatesCd
Licensed States	NC	LicensedStatesCd
Licensed States	ND	LicensedStatesCd
Licensed States	OH	LicensedStatesCd
Licensed States	OK	LicensedStatesCd
Licensed States	OR	LicensedStatesCd
Licensed States	PA	LicensedStatesCd
Licensed States	RI	LicensedStatesCd
Licensed States	SC	LicensedStatesCd
Licensed States	TN	LicensedStatesCd
Licensed States	UT	LicensedStatesCd
Licensed States	VA	LicensedStatesCd
Licensed States	WV	LicensedStatesCd
Licensed States	WI	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	WOMEN'S BOARD	Event1Nm
Gross Receipts Event1	$180,000	GrossReceiptsEvent1Amt
Charitable Contri Event1	$164,700	CharitableContriEvent1Amt
Gross Revenue Event1	$15,300	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$3,000	OtherDirectExpensesEvent1Amt
Other Events Total	0	OtherEventsTotalCnt
Gross Receipts Total	$180,000	GrossReceiptsTotalAmt
Charitable Contributions Tot	$164,700	CharitableContributionsTotAmt
Gross Revenue Total Events	$15,300	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$3,000	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$3,000	DirectExpenseSummaryEventsAmt
Net Income Summary	$12,300	NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE G, PART I, LINE 2B	FormAndLineReferenceDesc
Explanation	AIC PAYS FUNDRAISING CONSULTANT FEES AT A STATED RATE PER CONTRACT AND COSTS SUCH AS POSTAGE AND PRINTING. HOSTING FEES WERE $750, PROFESSIONAL SERVICES FEES WERE $180,128, DIGITAL SUPPORT FEES WERE $39,306 AND POSTAGE AND PRINTING COSTS WERE $514,069.	ExplanationTxt

Schedule I IRS990ScheduleI

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

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

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
FACULTY ENRICHMENT GRANTS	47	$148,000
STUDENT SCHOLARSHIPS AND STIPENDS	4078	$58,982,092

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE I, PART I, LINE 2	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
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
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
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (true)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	Yes (true)	InitialContractExceptionInd
Rebuttable Presumption Proc	Yes (true)	RebuttablePresumptionProcInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (22 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JAMES RONDEAU
PRESIDENT, MUSEUM	$895,860	$0	$0	$0	$128,533	$0	$128,000	$0	$10,751	$0	$1,163,144	$0	$0	$0
ELISSA TENNY
PRESIDENT, SAIC ENDED 07/2024	$652,642	$0	$0	$0	$100,434	$0	$46,000	$0	$17,745	$0	$816,821	$0	$0	$0
ALEXANDRA HOLT
EVP FOR FINANCE AND ADMIN	$475,217	$0	$0	$0	$36,651	$0	$36,492	$0	$17,897	$0	$566,257	$0	$0	$0
EUGENE ADAMS
CHIEF INFORMATION OFFICER	$231,899	$0	$0	$0	$25,099	$0	$189,000	$0	$24,026	$0	$470,024	$0	$0	$0
LESLIE DARLING
EVP, GENERAL CSL & SECRETARY	$386,489	$0	$0	$0	$30,471	$0	$35,843	$0	$14,987	$0	$467,790	$0	$0	$0
SARAH GUERNSEY
DEPUTY DIR & SR VP CUR AFFAIRS	$343,696	$0	$0	$0	$13,563	$0	$83,000	$0	$23,123	$0	$463,382	$0	$0	$0
AMY ALLEN
SENIOR VP, ENGAGEMENT, MUSEUM	$318,736	$0	$0	$0	$26,028	$0	$93,000	$0	$9,963	$0	$447,727	$0	$0	$0
MARTIN BERGER
PROVOST & SR VP ACAD AFFAIRS	$369,158	$0	$0	$0	$25,676	$0	$31,557	$0	$10,411	$0	$436,802	$0	$0	$0
DAVID NACOL
SENIOR VP, PHILANTHROPY	$371,807	$0	$0	$0	$983	$0	$33,905	$0	$23,148	$0	$429,843	$0	$0	$0
JISEON LEE ISBARA
PRESIDENT, SCHOOL	$279,186	$0	$0	$0	$74,853	$0	$22,500	$0	$10,255	$0	$386,794	$0	$0	$0
THOMAS BUECHELE
VP, CAMPUS OPERATIONS, SCHOOL	$246,340	$0	$0	$0	$6,997	$0	$88,000	$0	$24,019	$0	$365,356	$0	$0	$0
DENISE BANKS
CHIEF HR OFFICER	$311,123	$0	$0	$0	$0	$0	$23,407	$0	$10,225	$0	$344,755	$0	$0	$0
ROSE MILKOWSKI
VP, ENROLLMENT MANAGEMENT	$292,330	$0	$0	$0	$23,000	$0	$28,350	$0	$779	$0	$344,459	$0	$0	$0
KATHRYN RAHN
SR VP, MARKETING & COMMS	$285,252	$0	$0	$0	$1,065	$0	$26,835	$0	$24,050	$0	$337,202	$0	$0	$0
MATTHEW NORRIS
VP, ENTERPRISE SOFTWARE ANALYT	$238,270	$0	$0	$0	$14,325	$0	$49,000	$0	$24,024	$0	$325,619	$0	$0	$0
EVELYN JEFFERS
FORMER COO, MUSEUM	$251,597	$0	$0	$0	$50,131	$0	$16,685	$0	$5,682	$0	$324,095	$0	$0	$0
ANN GOLDSTEIN
DEPUTY DIR & SR CURATOR AT LG	$283,659	$0	$0	$0	$0	$0	$21,553	$0	$17,606	$0	$322,818	$0	$0	$0
CAMILLE MARTIN-THOMSEN
DEAN OF FACULTY & VP ACAD	$278,518	$0	$0	$0	$0	$0	$25,004	$0	$18,487	$0	$322,009	$0	$0	$0
EMILY BENEDICT
VP, CAMPUS OPERATIONS, MUSEUM	$268,211	$0	$0	$0	$469	$0	$25,010	$0	$23,047	$0	$316,737	$0	$0	$0
ANTOINETTE MURRIL
DEPUTY CHIEF HR OFFICER	$252,948	$0	$0	$0	$0	$0	$11,580	$0	$18,422	$0	$282,950	$0	$0	$0
LISA WAINWRIGHT
FORMER FAC DEAN/VP ACAD DEAN	$210,983	$0	$0	$0	$0	$0	$19,883	$0	$18,407	$0	$249,273	$0	$0	$0
COURTNEY ROWE
VP FOR ADV, SAIC ENDED 08/2024	$160,046	$0	$0	$0	$15,398	$0	$15,398	$0	$6,443	$0	$197,285	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE J, PART I, LINE 1A	FIRST CLASS TRAVEL FIRST CLASS TRAVEL IS ALLOWED UNDER LIMITED CIRCUMSTANCES AS SET FORTH IN THE TRAVEL POLICY. TRAVEL FOR COMPANIONS THE FORMER PRESIDENT OF THE SCHOOL RECEIVED SPOUSAL TRAVEL IN CALENDAR YEAR 2024 WHICH WAS TREATED AS TAXABLE COMPENSATION. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PRESIDENT OF THE SCHOOL IS PAID A HOUSING ALLOWANCE OF $4,000 PER MONTH WHICH IS TREATED AS TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES ATHLETIC, SOCIAL, OR OTHER CLUB FEES INCURRED BY THE PRESIDENT OF THE SCHOOL AND THE PRESIDENT OF THE MUSEUM ARE REIMBURSED TO THE EXTENT THEY ARE USED FOR BUSINESS PURPOSES. IN ADDITION, THE EMPLOYMENT CONTRACT FOR THE PRESIDENT OF THE SCHOOL 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.
SCHEDULE J, PART I, LINE 4B	AS NOTED IN THE AUDITED FINANCIAL STATEMENTS, A SUPPLEMENTAL NON QUALIFIED RETIREMENT PLAN EXISTS FOR THE BENEFIT OF A SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES WHOSE BENEFITS UNDER OTHER INSTITUTE QUALIFIED RETIREMENT PLANS ARE LIMITED BY THE IRS. EMPLOYEES ARE ELIGIBLE IF THEIR COMPENSATION FOR A PLAN YEAR IS IN EXCESS OF THE IRS LIMITS UNDER CODE SECTION 401(A){17), IF THEY RECEIVED A BENEFIT ACCRUAL OR EMPLOYER CONTRIBUTION UNDER OTHER INSTITUTE QUALIFIED PLANS, AND IF THEY HAVE NOT VOLUNTARILY TERMINATED EMPLOYMENT PRIOR TO THE FIRST BUSINESS DAY FOLLOWING THE PLAN YEAR. BENEFITS ARE CALCULATED BASED ON THE EXCESS OF BENEFITS THAT WOULD BE PROVIDED UNDER INSTITUTE QUALIFIED PLANS IF IRS COMPENSATION LIMITS DID NOT EXIST. THE FOLLOWING INDIVIDUALS RECEIVED PAYMENTS UNDER THE SUPPLEMENTAL RETIREMENT PLAN: JAMES RONDEAU AMOUNT PAID IN CALENDAR YEAR 2024 OF $105,533 ELISSA TENNY AMOUNT PAID IN CALENDAR YEAR 2024 OF $29,434 LESLIE DARLING AMOUNT PAID IN CALENDAR YEAR 2024 OF $14,705 ALEXANDRA HOLT AMOUNT PAID IN CALENDAR YEAR 2024 OF $13,651 EVELYN JEFFERS AMOUNT PAID IN CALENDAR YEAR 2024 OF $27,131 SARAH GUERNSEY AMOUNT PAID IN CALENDAR YEAR 2024 OF $11,633 MARTIN BERGER AMOUNT PAID IN CALENDAR YEAR 2024 OF $2,676 AMY ALLEN AMOUNT PAID IN CALENDAR YEAR 2024 OF $3,028 DAVID NACOL AMOUNT PAID IN CALENDAR YEAR 2024 OF $983
SCHEDULE J, PART I, LINE 8	THE PRESIDENT OF THE MUSEUM AND THE PROVOST WERE PAID THEIR SALARIES UNDER CONTRACTS THAT WERE SUBJECT TO THE INITIAL CONTRACT EXCEPTION.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	ILLINOIS FINANCE AUTHORITY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Bond Issuer EIN	861091967	BondIssuerEIN
CUSIP	45204EHD3	CUSIPNum
Bond Issued	2016-08-25	BondIssuedDt
Issue Price	$42,808,133	IssuePriceAmt
Purpose	ADVANCE REFUND SERIES 2009A BONDS	PurposeDesc
Defeased	false	DefeasedInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Pool Financing	false	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Retired	$0	RetiredAmt
Bond Defeased	$0	BondDefeasedAmt
Total Proceeds	$42,808,133	TotalProceedsAmt
In Reserve Fund	$0	InReserveFundAmt
Capitalized Interest	$0	CapitalizedInterestAmt
Refunding Escrow	$0	RefundingEscrowAmt
Issuance Costs From Proceeds	$4,760	IssuanceCostsFromProceedsAmt
Credit Enhancement	$0	CreditEnhancementAmt
Working Capital Expenditures	$0	WorkingCapitalExpendituresAmt
Capital Expenditures	$0	CapitalExpendituresAmt
Other Spent Proceeds	$42,803,373	OtherSpentProceedsAmt
Unspent	$0	UnspentAmt
Substantial Completion	2009	SubstantialCompletionYr
Refunding Tax Exempt Bonds	Yes (true)	RefundingTaxExemptBondsInd
Refunding Taxable Bonds	false	RefundingTaxableBondsInd
Final Allocation Made	Yes (true)	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (true)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	false	OwningBondFinancedPropertyInd
Any Lease Arrangements	false	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	false	MgmtContractBondFincdPropInd
Engage Bond Counsel Research	false	EngageBondCounselResearchInd
Private Bus Use By Others	0.00000	PrivateBusUseByOthersPct
Private Bus Concerning UBI	0.00000	PrivateBusConcerningUBIPct
Total Private Business Use	0.00000	TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test	false	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	false	ChangeInUseBondFinancedPropInd
Remedial Action Taken	false	RemedialActionTakenInd
Procs Nonqualified Bond Remdtd	Yes (true)	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	false	Form8038TFiledInd
Rebate Not Due Yet	false	RebateNotDueYetInd
Exception To Rebate	false	ExceptionToRebateInd
No Rebate Due	Yes (true)	NoRebateDueInd
Variable Rate Issue	false	VariableRateIssueInd
Hedge Identified In Bks And Rec	false	HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

Field	Value	IRS element (for citing)
Business Name Line1	0	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Gross Proceeds Invested In GIC	false	GrossProceedsInvestedInGICInd

GIC Provider Name GICProviderName

Field	Value	IRS element (for citing)
Business Name Line1	0	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Gross Proceeds Invested	false	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	Yes (true)	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	Yes (true)	ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule K, Part IV, Line 2C, Column A	FormAndLineReferenceDesc
Explanation	THE CALCULATION FOR COMPUTING NO REBATE DUE WAS PERFORMED ON 04/17/2024.	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
PETER HARATONIK
FAMILY MEMBER OF ELISSA TENNY, CURRENT OFFICER	$18,277	EMPLOYEE COMPENSATION	false
HENNING MARTIN-THOMSEN
FAMILY MEMBER OF CAMILLE MARTIN-THOMSEN, CURRENT KEY EMPLOYEE	$51,090	EMPLOYEE COMPENSATION	false

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1325	ContributionCnt
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	SEE PART II	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$444,237	NoncashContributionsRptF990Amt
Method Of Determining Revenues	MARKET VALUE	MethodOfDeterminingRevenuesTxt

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$2	NoncashContributionsRptF990Amt
Method Of Determining Revenues	MARKET VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Cars And Other Vehicles		CarsAndOtherVehiclesGrp
Boats And Planes		BoatsAndPlanesGrp
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	105	ContributionCnt
Noncash Contributions Rpt F990	$8,124,916	NoncashContributionsRptF990Amt
Method Of Determining Revenues	MARKET VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust Intrsts		SecurPrtnrshpTrustIntrstsGrp
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp
Real Estate Residential		RealEstateResidentialGrp
Real Estate Commercial		RealEstateCommercialGrp
Real Estate Other		RealEstateOtherGrp
Collectibles		CollectiblesGrp
Food Inventory		FoodInventoryGrp
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp
Historical Artifacts		HistoricalArtifactsGrp
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	OTHER - FOOD	Desc
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$1,028	NoncashContributionsRptF990Amt
Method Of Determining Revenues	MARKET VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	43	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE M, PART I	BOOKS AND PUBLICATIONS - NUMBER OF CONTRIBUTIONS SECURITIES - PUBLICLY TRADED - NUMBER OF CONTRIBUTIONS RECEIVED OTHER - DEPARTMENTAL SUPPLIES - NUMBER OF ITEMS CONTRIBUTED ART - WORKS OF ART - NUMBER OF ITEMS CONTRIBUTED
SCHEDULE M, PART I, LINE 1	THE INSTITUTE DOES NOT CAPITALIZE ITS COLLECTION ITEMS NOR REPORT CONTRIBUTIONS OF COLLECTION ITEMS AS REVENUE AS ALLOWED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION 958-360-25 (ASC 958-360-25).

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 1	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 THEATERS; 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 OF THE INSTITUTE; TO RECEIVE IN TRUST PROPERTY OF ALL KINDS AND TO EXERCISE ALL NECESSARY POWERS AS TRUSTEE FOR SUCH TRUST ESTATES WHOSE OBJECTS ARE RELATED TO THE FURTHERANCE OF THE GENERAL PURPOSES OF THE INSTITUTE OR FOR THE ESTABLISHMENT OR MAINTENANCE OF WORKS OF ART.
FORM 990, PART VI, LINE 1A	AS PROVIDED IN THE BY-LAWS, DURING THE INTERVALS BETWEEN THE MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL POSSESS AND MAY EXERCISE, IN ALL CASES IN WHICH SPECIAL DIRECTIONS HAVE NOT BEEN GIVEN BY THE BOARD, ALL THE POWERS OF THE BOARD OF TRUSTEES IN THE MANAGEMENT AND DIRECTION OF THE ART INSTITUTE, AND IN RESPECT TO ALL OTHER BUSINESS AND AFFAIRS OF THE ART INSTITUTE, IN SUCH MANNER AS SHALL BE FOR ITS BEST INTEREST, EXCEPT THE FILLING OF ANY VACANCY ON THE BOARD OF TRUSTEES, THE AMENDMENT OF THE BYLAWS OR THE ARTICLES OF INCORPORATION, AND ALL OTHER POWERS AND AUTHORITIES, THE EXERCISE OF WHICH BY THE EXECUTIVE COMMITTEE IS PROHIBITED BY LAW. THE EXECUTIVE COMMITTEE SHALL CONSIST ONLY OF TRUSTEES. ITS MEMBERS SHALL BE THE CHAIRMAN OF THE BOARD OF TRUSTEES, THE CHAIRMEN OF THOSE STANDING COMMITTEES WITH RESPONSIBILITIES FOR BOTH THE MUSEUM AND THE SCHOOL, THE VICE CHAIRMEN OF THE BOARD OF TRUSTEES, AND THE CHAIRMAN OF THE BOARD OF GOVERNORS OF THE SCHOOL. IF ANY OF SUCH INDIVIDUALS IS NOT A TRUSTEE, HE OR SHE MAY BE INVITED TO ATTEND EXECUTIVE COMMITTEE MEETINGS FROM TIME TO TIME TO PROVIDE A REPORT FOR HIS OR HER COMMITTEE.
FORM 990, PART VI, LINE 2	JAY FREDERICK KREHBIEL AND DAVID VITALE - BUSINESS RELATIONSHIP JAY FREDERICK KREHBIEL AND SAMUEL MENCOFF - BUSINESS RELATIONSHIP JAY FREDERICK KREHBIEL AND FREDERICK WADDELL - BUSINESS RELATIONSHIP A. STEVEN CROWN AND JANET DUCHOSSOIS - BUSINESS RELATIONSHIP
FORM 990, PART VI, LINE 11B	THE FORM 990 IS PREPARED INTERNALLY BY THE INSTITUTE'S ACCOUNTING OFFICE AND REVIEWED BY THE EVP FOR FINANCE AND ADMINISTRATION AND AN INDEPENDENT PROFESSIONAL ACCOUNTING FIRM. THE INSTITUTE'S MANAGEMENT CONFERS WITH LEGAL AND BOND COUNSEL AS NEEDED TO COMPLETE THE TAX FILING. A FULL VERSION OF THE FORM 990 IS PRESENTED TO AND REVIEWED BY THE INSTITUTE'S AUDIT AND RISK COMMITTEE FOR COMMENT, WITH THE SINGLE EXCEPTION THAT THE SCHEDULE B, SCHEDULE OF CONTRIBUTORS, IS REDACTED TO OMIT THE NAMES AND ADDRESSES OF THE INDIVIDUAL CONTRIBUTORS TO PRESERVE DONOR ANONYMITY. AN UNMODIFIED VERSION OF THE COMPLETE FORM 990 IS REVIEWED BY THE AUDIT AND RISK COMMITTEE CHAIR. ANY QUESTIONS OR CONCERNS IDENTIFIED BY THE AUDIT AND RISK COMMITTEE ARE ADDRESSED AND ALL APPROPRIATE CHANGES ARE INCORPORATED INTO THE FORM 990. AFTER ALL INPUT HAS BEEN ADDRESSED, THE FINAL PUBLIC DISCLOSURE VERSION OF THE FORM 990 IS DISTRIBUTED TO ALL VOTING MEMBERS OF THE INSTITUTE'S BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. AFTER THE FINAL VERSION OF THE FORM 990 HAS BEEN DISTRIBUTED AND TIME FOR COMMENTS HAS EXPIRED, MANAGEMENT AND STAFF FILE THE FINAL FORM 990 AS REQUIRED.
FORM 990, PART VI, LINE 12C	UNDER THE INSTITUTE'S CONFLICT OF INTEREST POLICY, ALL MEMBERS OF THE BOARD OF TRUSTEES, BOARD OF GOVERNORS, AND STANDING AND ADVISORY COMMITTEES, KEY EMPLOYEES 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 INSTITUTE'S 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. WHEN SUCH MATTERS ARE CONSIDERED, THE RELATED PARTY SHALL NOT BE COUNTED FOR PURPOSES OF DETERMINING WHETHER THERE IS A QUORUM. FINANCIAL INTEREST 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, KEY EMPLOYEES, OFFICERS, AND VICE PRESIDENTS ARE REQUIRED TO ATTEST ANNUALLY TO THEIR FAMILIARITY WITH THE 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 INSTITUTE'S GENERAL COUNSEL'S OFFICE.
FORM 990, PART VI, LINE 15A	THE INSTITUTE'S EXECUTIVE COMMITTEE, COMPOSED ENTIRELY OF INDEPENDENT TRUSTEES, APPROVES COMPENSATION FOR THE PRESIDENT AND DIRECTOR OF THE MUSEUM AND 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 RELEVANT 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 CHIEF HUMAN RESOURCES OFFICER 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 THE DECISIONS ON COMPENSATION ARE DOCUMENTED IN CONTEMPORANEOUS MEETING MINUTES. IN THE CASE OF THE PRESIDENT AND THE DIRECTOR OF THE MUSEUM, THE PRESIDENT OF THE SCHOOL, THE PROVOST, AND THE DEAN OF FACULTY OF THE SCHOOL, THE DECISIONS MAY BE REFLECTED IN EMPLOYMENT CONTRACTS AS WELL. THIS PROCESS IS UNDERTAKEN ANNUALLY.
FORM 990, PART VI, LINE 15B	IN ADDITION TO THE PROCESS DESCRIBED FOR LINE 15A, FOR KEY EMPLOYEES WHOSE COMPENSATION IS NOT REVIEWED AND APPROVED BY THE COMPENSATION AND BENEFITS COMMITTEE, THEIR COMPENSATION IS GENERALLY BASED ON CURRENT INDEPENDENT SALARY SURVEYS THAT ARE COMPILED BY 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	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 VII, SECTION A, LINE 1A, COLUMN (B)	THE AMOUNT OF HOURS PER WEEK DEVOTED TO POSITION HAS BEEN NOTED AS 1 HOUR FOR ALL TRUSTEES. THE AMOUNT OF ACTUAL HOURS PER WEEK DEVOTED BY EACH TRUSTEE VARIES DEPENDING ON THE POSITION HELD AND THE COMMITTEES THE TRUSTEE DEVOTES TIME TO.
FORM 990, PART XI, LINE 9	PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST - $710,147

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	$6,666	$1	AIC
AICGS LLC
111 SOUTH MICHIGAN AVENUE	CHICAGO	IL	60603	362167725	INVESTMENTS	DE	$41,328	$87,461	AIC
AICHP LLC
111 SOUTH MICHIGAN AVENUE	CHICAGO	IL	60603	362167725	INVESTMENTS	DE	$0	$0	AIC
AIC AA LLC
111 SOUTH MICHIGAN AVENUE	CHICAGO	IL	60603	362167725	INVESTMENTS	DE	$65,321	$19,707	AIC
AIC AX LLC
111 SOUTH MICHIGAN AVEUE	CHICAGO	IL	60603	362167725	INVESTMENTS	DE	$29,592	$2,216	AIC
AIC BLK LLC
111 SOUTH MICHIGAN AVENUE	CHICAGO	IL	60603	362167725	INVESTMENTS	DE	$5,541	$2,761	AIC
AIC MS SS LLC
111 SOUTH MICHIGAN AVEUNE	CHICAGO	IL	60603	362167725	INVESTMENTS	DE	$0	$39,244	AIC
AIC GS MEZZ LLC
111 SOUTH MICHIGAN AVENUE	CHICAGO	IL	60603	362167725	INVESTMENTS	DE	$0	$0	AIC
AIC VENTURES LLC
111 SOUTH MICHIGAN AVENUE	CHICAGO	IL	60603	900708171	CONSULTING	IL	$0	$0	AIC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	THE JEFFREY E HORVITZ TRUST FOR FRENCH A	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 S MICHIGAN AVE	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60603	ZIPCd

Field	Value	IRS element (for citing)
EIN	336551823	EIN
Primary Activities	SUPPORT AIC	PrimaryActivitiesTxt
Legal Domicile State	IL	LegalDomicileStateCd
Exempt Code Section	501(c)(3)	ExemptCodeSectionTxt
Public Charity Status	12I	PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

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

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

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	Controlled OrganizationControlledOrganizationInd
PERPETUAL TRUSTS HELD BY 3RD PARTIES (6)
FUNDRAISING	IL	AIC	TRUST	$0	$0	Yes (true)
CHARITABLE REMAINDER TRUST (1)
FUNDRAISING	IL	AIC	TRUST	$0	$0	Yes (true)

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	false	TransferFromOtherOrgInd