Nonprofit · EIN 36-2167725
ART INSTITUTE OF CHICAGO
Tax-exempt · CHICAGO, IL 60603
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $464,393,130 | $381,917,394 | $82,475,736 | $2,194,246,798 | $240,155,369 | $1,954,091,429 |
| June 30, 2024 | 990 | $493,800,993 | $348,160,383 | $145,640,610 | $2,070,527,457 | $245,300,480 | $1,825,226,977 |
| June 30, 2023 | 990 | $359,509,602 | $339,959,523 | $19,550,079 | $1,886,077,791 | $259,594,451 | $1,626,483,340 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $80,549,211
- of which government grants
- $6,471,615
- Membership dues
- $14,575,416
- Program service revenue
- $250,412,128
- Investment income
- $124,857,058
- Royalties
- $47,535
- Net rental income
- $1,572,206
- Net gain from sales of assets
- $103,207,316
- Net income from fundraising events
- $12,300
- Net income from sales of inventory
- $6,236,848
- Other revenue
- $8,574,733
Expenses
- Grants and similar amounts paid
- $59,195,780
- Compensation of officers, directors and key employees
- $5,593,735
- Other salaries and wages
- $118,799,390
- Salaries, compensation and benefits (total)
- $163,341,870
- Professional fundraising fees
- $734,253
- Legal fees
- $1,919,071
- Accounting fees
- $366,155
- Occupancy
- $32,413,562
- Travel
- $4,317,604
- Depreciation
- $23,253,347
- Program services (functional)
- $340,177,797
- Management and general (functional)
- $30,488,889
- Fundraising (functional)
- $11,250,708
Balance sheet and other
- Total assets, start of year
- $2,070,527,457
- Total assets, end of year
- $2,194,246,798
- Total liabilities, end of year
- $240,155,369
- Net assets, end of year
- $1,954,091,429
- Land, buildings and equipment
- $362,514,699
- Publicly traded securities
- $1,021,729,730
- Net assets without donor restrictions
- $762,619,864
- Net assets with donor restrictions
- $1,191,471,565
- Gross unrelated business income
- $4,259,873
- Gross receipts
- $773,297,676
- Employees
- 3,643
- Volunteers
- 193
- Year formed
- 1879
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES RONDEAU | PRESIDENT, MUSEUM Officer | 40 | $1,024,393 | $138,751 |
| ELISSA TENNY | PRESIDENT, SAIC ENDED 07/2024 Officer | 40 | $753,076 | $63,745 |
| ALEXANDRA HOLT | EVP FOR FINANCE AND ADMIN Officer | 40 | $511,868 | $54,389 |
| EUGENE ADAMS | CHIEF INFORMATION OFFICER Highest-paid employee | 40 | $256,998 | $213,026 |
| LESLIE DARLING | EVP, GENERAL CSL & SECRETARY Officer | 40 | $416,960 | $50,830 |
| SARAH GUERNSEY | DEPUTY DIR & SR VP CUR AFFAIRS Key employee | 40 | $357,259 | $106,123 |
| AMY ALLEN | SENIOR VP, ENGAGEMENT, MUSEUM Key employee | 40 | $344,764 | $102,963 |
| MARTIN BERGER | PROVOST & SR VP ACAD AFFAIRS Key employee | 40 | $394,834 | $41,968 |
| DAVID NACOL | SENIOR VP, PHILANTHROPY Key employee | 40 | $372,790 | $57,053 |
| JISEON LEE ISBARA | PRESIDENT, SCHOOL Officer | 40 | $354,039 | $32,755 |
| THOMAS BUECHELE | VP, CAMPUS OPERATIONS, SCHOOL Key employee | 40 | $253,337 | $112,019 |
| DENISE BANKS | CHIEF HR OFFICER Key employee | 40 | $311,123 | $33,632 |
| ROSE MILKOWSKI | VP, ENROLLMENT MANAGEMENT Key employee | 40 | $315,330 | $29,129 |
| KATHRYN RAHN | SR VP, MARKETING & COMMS Highest-paid employee | 40 | $286,317 | $50,885 |
| MATTHEW NORRIS | VP, ENTERPRISE SOFTWARE ANALYT Highest-paid employee | 40 | $252,595 | $73,024 |
70 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EVELYN JEFFERS | FORMER COO, MUSEUM Former | 0 | $301,728 | $22,367 |
| ANN GOLDSTEIN | DEPUTY DIR & SR CURATOR AT LG Highest-paid employee | 40 | $283,659 | $39,159 |
| CAMILLE MARTIN-THOMSEN | DEAN OF FACULTY & VP ACAD Key employee | 40 | $278,518 | $43,491 |
| EMILY BENEDICT | VP, CAMPUS OPERATIONS, MUSEUM Key employee | 40 | $268,680 | $48,057 |
| ANTOINETTE MURRIL | DEPUTY CHIEF HR OFFICER Highest-paid employee | 40 | $252,948 | $30,002 |
| LISA WAINWRIGHT | FORMER FAC DEAN/VP ACAD DEAN Former | 40 | $210,983 | $38,290 |
| COURTNEY ROWE | VP FOR ADV, SAIC ENDED 08/2024 Key employee | 40 | $175,444 | $21,841 |
| ERIC P LEFKOFSKY | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DARREL HACKETT | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SAMUEL M MENCOFF | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SYLVIA M NEIL | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL J SACKS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DAVID J VITALE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PAUL J CARBONE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ARJUN AGGARWAL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FRANCES BEATTY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANNE SEARLE BENT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HEIJI CHOY BLACK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANITA BLANCHARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHELLE BOONE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LESLIE BUCHBINDER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JACOLYN BUCKSBAUM | TRUSTEE - AS OF 11/12/24 Trustee or director | 1 | $0 | $0 |
| ROBERT J BUFORD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LINDA SMITH BUONANNO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SCOTT CANEL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HONGHONG CHEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LESTER N CONEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RITA SOLA COOK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| A STEVEN CROWN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JILL DELANEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHAWN M DONNELLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JANET DUCHOSSOIS | TRUSTEE - ENDED 11/12/24 Trustee or director | 1 | $0 | $0 |
| FRED EYCHANER | TRUSTEE - ENDED 11/12/24 Trustee or director | 1 | $0 | $0 |
| LORI GRAY FAVERSHAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEPHANIE SKESTOS GABRIELE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DENISE B GARDNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SARAH N GARVEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAREN Z GRAY-KREHBIEL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOSEPH P GROMACKI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ADNAAN HAMID | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CARYN HARRIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROL HORVITZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PAMELA JOYNER | TRUSTEE - ENDED 5/9/25 Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER KEOGH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KIP KIRKPATRICK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAY FREDERICK KREHBIEL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOSEF LAKONISHOK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LAWRENCE F LEVY | TRUSTEE - ENDED 11/12/24 Trustee or director | 1 | $0 | $0 |
| ROBERT M LEVY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN F MANLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOE MANSUETO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HOWARD M MCCUE III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIC T MCKISSACK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CARY D MCMILLAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| USHA MITTAL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KRISTIN REY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHAEL POLSKY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANNE REYES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LINDA JOHNSON RICE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANDREW M ROSENFIELD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| E SCOTT SANTI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MAMADOU-ABOU SARR | TRUSTEE - ENDED 6/11/25 Trustee or director | 1 | $0 | $0 |
| ANITA K SINHA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MAURICE SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALEXANDER STUART | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARILYNN THOMA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN VANDERLINDEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FREDERICK H WADDELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALEX WASHINGTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REEVE B WAUD | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 88 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| James Rondeau | President, Museum Officer | 40 | $1,037,561 | $103,927 |
| Elissa Tenny | President, School Officer | 40 | $738,265 | $45,680 |
| Evelyn Jeffers | COO, Museum - Ended 4/12/24 Key employee | 40 | $657,639 | $46,025 |
| Alexandra Holt | EVP for Finance and Administration Officer | 40 | $492,364 | $44,603 |
| Sarah Guernsey | Deputy Director and Senior VP, Curatorial Affairs Key employee | 40 | $354,276 | $84,659 |
| Eugene Adams | Chief Information Officer Highest-paid employee | 40 | $250,593 | $181,681 |
| Leslie Darling | EVP, General Counsel, & Secretary Officer | 40 | $401,073 | $30,506 |
| Amy Allen | VP, Engagement, Museum Key employee | 40 | $341,728 | $83,089 |
| Martin Berger | Provost & Sr VP Academic Affairs Key employee | 40 | $360,547 | $41,985 |
| David Nacol | Senior VP, Philanthropy Key employee | 40 | $339,414 | $50,432 |
| Thomas Buechele | VP for Campus Operations, School Key employee | 40 | $245,365 | $99,672 |
| Denise Banks | Chief Human Resources Officer Key employee | 40 | $302,086 | $32,023 |
| Rose Milkowski | VP for Enrollment Management Key employee | 40 | $304,362 | $28,638 |
| Ann Goldstein | Deputy Director and Senior Curator at Large Highest-paid employee | 40 | $291,658 | $37,891 |
| Camille Martin-Thomsen | Dean of Faculty and Vice President of Academic Affairs Key employee | 40 | $279,930 | $38,403 |
| Norissa Bailey | Senior VP for People and Culture Highest-paid employee | 40 | $264,698 | $40,838 |
| Felice Dublon | Vice President and Dean of Student Affairs Highest-paid employee | 40 | $265,622 | $32,410 |
| Kathryn Rahn | Senior VP, Marketing and Communications Highest-paid employee | 40 | $249,718 | $44,927 |
| Courtney Rowe | Vice President for Advancement, SAIC Key employee | 40 | $261,760 | $32,853 |
| Emily Benedict | Vice President, Campus Operations, Museum Key employee | 40 | $229,592 | $41,983 |
| Lisa Wainwright | Former Dean of Faculty/VP Acad Admin Former | 0 | $221,770 | $16,715 |
| Darrel Hackett | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| David J Vitale | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Denise B Gardner | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Eric P Lefkofsky | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Jay Frederick Krehbiel | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Samuel M Mencoff | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Sylvia M Neil | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| A Steven Crown | Trustee Trustee or director | 1 | $0 | $0 |
| Adnaan Hamid | Trustee Trustee or director | 1 | $0 | $0 |
| Alex Washington | Trustee Trustee or director | 1 | $0 | $0 |
| Alexander Stuart | Trustee - as of 6/11/24 Trustee or director | 1 | $0 | $0 |
| Andrew M Rosenfield | Trustee Trustee or director | 1 | $0 | $0 |
| Anita Blanchard | Trustee Trustee or director | 1 | $0 | $0 |
| Anita Sinha | Trustee Trustee or director | 1 | $0 | $0 |
| Anne Reyes | Trustee Trustee or director | 1 | $0 | $0 |
| Anne Searle Bent | Trustee Trustee or director | 1 | $0 | $0 |
| Arjun Aggarwal | Trustee Trustee or director | 1 | $0 | $0 |
| Bob Rennie | Trustee - ended 3/19/24 Trustee or director | 1 | $0 | $0 |
| Carol Horvitz | Trustee - as of 6/11/24 Trustee or director | 1 | $0 | $0 |
| Cary D Mcmillan | Trustee Trustee or director | 1 | $0 | $0 |
| Caryn Harris | Trustee Trustee or director | 1 | $0 | $0 |
| Chris Keogh | Trustee Trustee or director | 1 | $0 | $0 |
| E Scott Santi | Trustee Trustee or director | 1 | $0 | $0 |
| Eric T McKissack | Trustee Trustee or director | 1 | $0 | $0 |
| Frances Beatty | Trustee Trustee or director | 1 | $0 | $0 |
| Fred Eychaner | Trustee Trustee or director | 1 | $0 | $0 |
| Frederick Waddell | Trustee Trustee or director | 1 | $0 | $0 |
| Harreld Kirkpatrick | Trustee - as of 6/11/24 Trustee or director | 1 | $0 | $0 |
| Heiji Choy Black | Trustee Trustee or director | 1 | $0 | $0 |
| Honghong Chen | Trustee Trustee or director | 1 | $0 | $0 |
| Howard M McCue III | Trustee Trustee or director | 1 | $0 | $0 |
| Janet Duchossois | Trustee Trustee or director | 1 | $0 | $0 |
| Jill Delaney | Trustee Trustee or director | 1 | $0 | $0 |
| Joe Mansueto | Trustee Trustee or director | 1 | $0 | $0 |
| John F Manley | Trustee Trustee or director | 1 | $0 | $0 |
| John VanderLinden | Trustee - as of 4/9/24 Trustee or director | 1 | $0 | $0 |
| Josef Lakonishok | Trustee Trustee or director | 1 | $0 | $0 |
| Joseph Gromacki | Trustee Trustee or director | 1 | $0 | $0 |
| Karen Frank | Trustee - ended 11/14/23 Trustee or director | 1 | $0 | $0 |
| Karen Gray-Krehbiel | Trustee Trustee or director | 1 | $0 | $0 |
| Kristin Rey | Trustee Trustee or director | 1 | $0 | $0 |
| Lawrence F Levy | Trustee Trustee or director | 1 | $0 | $0 |
| Leslie Buchbinder | Trustee Trustee or director | 1 | $0 | $0 |
| Lester N Coney | Trustee Trustee or director | 1 | $0 | $0 |
| Linda Johnson Rice | Trustee Trustee or director | 1 | $0 | $0 |
| Linda Smith Buonanno | Trustee Trustee or director | 1 | $0 | $0 |
| Lori Gray Faversham | Trustee Trustee or director | 1 | $0 | $0 |
| Mamadou-Abou Sarr | Trustee Trustee or director | 1 | $0 | $0 |
| Marilynn Thoma | Trustee Trustee or director | 1 | $0 | $0 |
| Maurice Smith | Trustee Trustee or director | 1 | $0 | $0 |
| Michael J Sacks | Trustee Trustee or director | 1 | $0 | $0 |
| Michael Polsky | Trustee Trustee or director | 1 | $0 | $0 |
| Pamela Joyner | Trustee Trustee or director | 1 | $0 | $0 |
| Paul Carbone | Trustee Trustee or director | 1 | $0 | $0 |
| Prabhakant Sinha | Trustee - ended 4/1/24 Trustee or director | 1 | $0 | $0 |
| Reeve B Waud | Trustee Trustee or director | 1 | $0 | $0 |
| Rita Knox | Trustee - ended 11/5/23 Trustee or director | 1 | $0 | $0 |
| Rita Sola Cook | Trustee Trustee or director | 1 | $0 | $0 |
| Robert Buford | Trustee Trustee or director | 1 | $0 | $0 |
| Robert M Levy | Trustee Trustee or director | 1 | $0 | $0 |
| Roger L Weston | Trustee - ended 11/14/23 Trustee or director | 1 | $0 | $0 |
| Sarah Nava Garvey | Trustee Trustee or director | 1 | $0 | $0 |
| Scott Canel | Trustee Trustee or director | 1 | $0 | $0 |
| Shawn M Donnelley | Trustee Trustee or director | 1 | $0 | $0 |
| Sophia Shaw | Trustee - ended 8/9/23 Trustee or director | 1 | $0 | $0 |
| Stephanie Skestos Gabriele | Trustee Trustee or director | 1 | $0 | $0 |
| Usha Mittal | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 90 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| James Rondeau | President, Museum Officer | 40 | $1,009,815 | $64,161 |
| Elissa Tenny | President, School Officer | 40 | $702,703 | $42,150 |
| Evelyn Jeffers | Chief Operating Officer, Museum Key employee | 40 | $628,680 | $42,414 |
| Alexandra Holt | EVP, Finance & Admin Officer | 40 | $483,590 | $41,052 |
| Leslie Darling | EVP, General Counsel, & Secretary Officer | 40 | $391,318 | $28,245 |
| Eugene Adams | Chief Information Officer Highest-paid employee | 40 | $244,548 | $150,915 |
| Sarah Guernsey | Deputy Director, Curatorial Affairs Key employee | 40 | $338,860 | $53,899 |
| Amy Allen | VP, Engagement, Museum Key employee | 40 | $323,686 | $67,347 |
| Martin Berger | Provost & Sr VP Academic Affairs Key employee | 40 | $347,240 | $41,192 |
| Michael Nicolai | Former Chief Human Resources Officer Former | 0 | $327,500 | $32,000 |
| Ann Goldstein | Dep Dir and Chair & Curator Mod & Contemp Highest-paid employee | 40 | $319,221 | $37,502 |
| Norissa Bailey | Senior VP for People and Culture Highest-paid employee | 40 | $295,363 | $47,073 |
| Thomas Buechele | VP for Campus Operations, School Key employee | 40 | $240,957 | $76,911 |
| David Nacol | Vice President, Philanthropy, Museum Key employee | 40 | $271,701 | $31,819 |
| Rose Milkowski | VP for Enrollment Management Key employee | 40 | $267,834 | $24,948 |
| Kathryn Rahn | Vice President, Marketing and Communications, Museum Highest-paid employee | 40 | $239,142 | $42,048 |
| Emily Benedict | AVP, Capital Programs Key employee | 40 | $224,247 | $39,700 |
| Brian Esker | Former VP of Finance & Admin, School Former | 0 | $247,070 | $12,765 |
| Veronica Stein | Woman's Board Exec Director, Museum Highest-paid employee | 40 | $249,426 | $6,157 |
| Lisa Wainwright | Former Dean of Faculty/VP Acad Admin Former | 0 | $202,608 | $25,290 |
| Courtney Rowe | Vice President for Advancement, SAIC Key employee | 40 | $206,961 | $20,303 |
| Denise Banks | Chief Human Resources Officer Key employee | 40 | $179,428 | $12,956 |
| David J Vitale | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Denise B Gardner | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Eric P Lefkofsky | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Frederick Waddell | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Jay Frederick Krehbiel | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Samuel M Mencoff | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Sylvia M Neil | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| A Steven Crown | Trustee Trustee or director | 1 | $0 | $0 |
| Adnaan Hamid | Trustee Trustee or director | 1 | $0 | $0 |
| Alex Washington | Trustee Trustee or director | 1 | $0 | $0 |
| Amina Dickerson | Trustee - Ended 12/31/2022 Trustee or director | 1 | $0 | $0 |
| Andrew M Rosenfield | Trustee Trustee or director | 1 | $0 | $0 |
| Anita Blanchard | Trustee Trustee or director | 1 | $0 | $0 |
| Anita Sinha | Trustee Trustee or director | 1 | $0 | $0 |
| Anne Searle Bent | Trustee Trustee or director | 1 | $0 | $0 |
| Anne Reyes | Trustee Trustee or director | 1 | $0 | $0 |
| Arjun Aggarwal | Trustee Trustee or director | 1 | $0 | $0 |
| Barbara Levy Kipper | Trustee - Ended 11/8/2022 Trustee or director | 1 | $0 | $0 |
| Bob Rennie | Trustee Trustee or director | 1 | $0 | $0 |
| Cary D McMillan | Trustee Trustee or director | 1 | $0 | $0 |
| Caryn Harris | Trustee Trustee or director | 1 | $0 | $0 |
| Chris Keogh | Trustee Trustee or director | 1 | $0 | $0 |
| Darrel Hackett | Trustee Trustee or director | 1 | $0 | $0 |
| E Scott Santi | Trustee Trustee or director | 1 | $0 | $0 |
| Ellen Sandor | Trustee - Ended 11/8/2022 Trustee or director | 1 | $0 | $0 |
| Eric T McKissack | Trustee Trustee or director | 1 | $0 | $0 |
| Frances Beatty | Trustee - As of 11/8/2022 Trustee or director | 1 | $0 | $0 |
| Fred Eychaner | Trustee Trustee or director | 1 | $0 | $0 |
| Heiji Choy Black | Tustee Trustee or director | 1 | $0 | $0 |
| Honghong Chen | Trustee Trustee or director | 1 | $0 | $0 |
| Howard M McCue III | Trustee Trustee or director | 1 | $0 | $0 |
| James A Gordon | Trustee- Ended 12/31/2022 Trustee or director | 1 | $0 | $0 |
| Janet Duchossois | Trustee Trustee or director | 1 | $0 | $0 |
| Jill Delaney | Trustee - As of 9/1/2022 Trustee or director | 1 | $0 | $0 |
| Joe Mansueto | Trustee Trustee or director | 1 | $0 | $0 |
| John F Manley | Trustee Trustee or director | 1 | $0 | $0 |
| Josef Lakonishok | Trustee Trustee or director | 1 | $0 | $0 |
| Joseph Gromacki | Trustee Trustee or director | 1 | $0 | $0 |
| Karen Frank | Trustee Trustee or director | 1 | $0 | $0 |
| Karen Gray-Krehbiel | Trustee Trustee or director | 1 | $0 | $0 |
| Kristin Rey | Trustee - As of 9/13/2022 Trustee or director | 1 | $0 | $0 |
| Lawrence F Levy | Trustee Trustee or director | 1 | $0 | $0 |
| Leslie Buchbinder | Trustee Trustee or director | 1 | $0 | $0 |
| Lester N Coney | Trustee Trustee or director | 1 | $0 | $0 |
| Linda Johnson Rice | Trustee Trustee or director | 1 | $0 | $0 |
| Linda Smith Buonanno | Trustee Trustee or director | 1 | $0 | $0 |
| Lori Gray Faversham | Trustee Trustee or director | 1 | $0 | $0 |
| Mamadou-Abou Sarr | Trustee Trustee or director | 1 | $0 | $0 |
| Marilynn Thoma | Trustee Trustee or director | 1 | $0 | $0 |
| Maurice Smith | Trustee Trustee or director | 1 | $0 | $0 |
| Michael Polsky | Trustee Trustee or director | 1 | $0 | $0 |
| Michael Sacks | Trustee Trustee or director | 1 | $0 | $0 |
| Pamela Joyner | Trustee Trustee or director | 1 | $0 | $0 |
| Paul Carbone | Trustee Trustee or director | 1 | $0 | $0 |
| Prabhakant Sinha | Trustee Trustee or director | 1 | $0 | $0 |
| Reeve B Waud | Trustee Trustee or director | 1 | $0 | $0 |
| Rita Knox | Trustee Trustee or director | 1 | $0 | $0 |
| Rita Sola Cook | Trustee Trustee or director | 1 | $0 | $0 |
| Robert Buford | Trustee Trustee or director | 1 | $0 | $0 |
| Robert M Levy | Trustee Trustee or director | 1 | $0 | $0 |
| Roger L Weston | Trustee Trustee or director | 1 | $0 | $0 |
| Sarah Nava Garvey | Trustee Trustee or director | 1 | $0 | $0 |
| Scott Canel | Trustee Trustee or director | 1 | $0 | $0 |
| Shawn M Donnelley | Trustee Trustee or director | 1 | $0 | $0 |
| Sophia Shaw | Trustee Trustee or director | 1 | $0 | $0 |
| Stephanie Skestos Gabriele | Trustee Trustee or director | 1 | $0 | $0 |
| Thomas J Pritzker | Trustee - Ended 9/23/2022 Trustee or director | 1 | $0 | $0 |
| Usha Mittal | Trustee Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 111 S MICHIGAN AVE, CHICAGO, IL 60603-6110
- In care of
- % ALEXANDRA HOLT
- Principal officer (990 for 2024)
- ALEXANDRA HOLT, 111 SOUTH MICHIGAN AVENUE, CHICAGO, IL 60603
- Signed the 990
- ALEXANDRA HOLT, EXEC VP, FIN & ADMIN
- Phone
- (312) 443-3600
- Return prepared by
- PwC US Tax LLP
Mission
SEE SCHEDULE O.
Program accomplishments
- 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.Expenses $199,849,177 · grants $59,175,780 · revenue $204,081,263
- 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."Expenses $140,328,620 · grants $20,000 · revenue $51,562,627
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 36-2167725
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1925
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B400)
- Assets (IRS master file)
- $2,194,246,798
- Income (IRS master file)
- $773,297,676
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $464,393,130 | $381,917,394 | $2,194,246,798 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $493,800,993 | $348,160,383 | $2,070,527,457 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $359,509,602 | $339,959,523 | $1,886,077,791 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $414,893,991 | $299,911,678 | $1,830,546,900 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-2167725).
Questions about ART INSTITUTE OF CHICAGO
- What is the EIN of ART INSTITUTE OF CHICAGO?
- The employer identification number (EIN) of ART INSTITUTE OF CHICAGO is 36-2167725.
- Is ART INSTITUTE OF CHICAGO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1925.
- Are donations to ART INSTITUTE OF CHICAGO tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ART INSTITUTE OF CHICAGO file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ART INSTITUTE OF CHICAGO due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ART INSTITUTE OF CHICAGO last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ART INSTITUTE OF CHICAGO?
- The 990 for the year ended June 30, 2025 names ALEXANDRA HOLT.
- Who are the officers and directors of ART INSTITUTE OF CHICAGO?
- The 990 for the year ended June 30, 2025 lists 85 people; 22 received compensation from the organization, the highest $1,024,393 (JAMES RONDEAU, PRESIDENT, MUSEUM).
- How much revenue does ART INSTITUTE OF CHICAGO have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $464,393,130, expenses of $381,917,394 and total assets of $2,194,246,798 at year end.
Other nonprofits in CHICAGO
- UNIVERSITY OF CHICAGO EIN 36-2177139 · last filed 990 for 2025
- LOYOLA UNIVERSITY OF CHICAGO EIN 36-1408475 · last filed 990 for 2025
- DEPAUL UNIVERSITY EIN 36-2167048 · last filed 990 for 2025
- ILLINOIS INSTITUTE OF TECHNOLOGY EIN 36-2170136 · last filed 990 for 2025
- COLUMBIA COLLEGE CHICAGO EIN 36-6112087 · last filed 990 for 2025
- SPENCER FOUNDATION EIN 36-6078558 · last filed 990-PF for 2025
- NOBLE NETWORK OF CHARTER SCHOOLS EIN 36-4241970 · last filed 990 for 2025
- INSTITUTE FOR THE INTERNATIONAL EDUCATION OF STUDENTS EIN 36-2251912 · last filed 990 for 2025