Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2011
Open to Public Inspection
A For the calendar year, or tax year beginning 01-01-2011 and ending 12-31-2011
BCheck if applicable:
CName of organization
Museum of Science and Industry
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
57th Street and Lake Shore Drive
 
Room/suite
City or town, state or country, and ZIP + 4
Chicago, IL606372093
D Employer identification number

36-2167797
E Telephone number

G Gross receipts $ 61,381,604
F Name and address of principal officer:
David Mosena
57th Street and Lake Shore Dr
Chicago,IL606372093
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.MSICHICAGO.ORG
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1933
M State of legal domicile: IL
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: Museum of Science and Industry seeks to further public understanding of science, technology and industry by providing visitors with integrated learning experiences.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a)..... 3 109
4 Number of independent voting members of the governing body (Part VI, line 1b) .... 4 104
5 Total number of individuals employed in calendar year 2011 (Part V, line 2a) ... 5 461
6 Total number of volunteers (estimate if necessary) .... 6 651
7a Total unrelated business revenue from Part VIII, column (C), line 12 .. 7a 1,517,163
b Net unrelated business taxable income from Form 990-T, line 34 .. 7b -92,290
Revenues; Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 32,691,579 24,941,604
9 Program service revenue (Part VIII, line 2g) ......... 15,503,364 19,087,744
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 4,829,479 4,426,043
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 3,826,847 4,779,261
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 56,851,269 53,234,652
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 0 7,495
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 17,628,561 23,974,606
16a Professional fundraising fees (Part IX, column (A), line 11e)..... 97,563 43,307
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet6,094,223    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f).... 41,830,557 40,628,139
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 59,556,681 64,653,547
19 Revenue less expenses. Subtract line 18 from line 12....... -2,705,412 -11,418,895
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 317,918,092 290,457,111
21 Total liabilities (Part X, line 26)............. 92,903,906 84,579,902
22 Net assets or fund balances. Subtract line 21 from line 20..... 225,014,186 205,877,209
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
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Type or print name and title.
Paid preparer use only
Print/type preparer's name
 
Preparer's signature
Date
PTIN
Firm's name Right pointing arrowhead image

Firm's EIN Right pointing arrowhead image
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Phone no.
May the IRS discuss this return with the preparer shown above? See instructions .........bullet
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2011)
Form 990 (2011)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III .........
1
Briefly describe the organization’s mission: ONE OF THE LARGEST SCIENCE MUSEUMS IN THE WORLD, THE MUSEUM OF SCIENCE AND INDUSTRY, CHICAGO (MSI) IS HOME TO MORE THAN 35,000 ARTIFACTS AND NEARLY 14 ACRES OF HANDS-ON EXHIBITS AND EXPERIENCES DESIGNED TO SPARK SCIENTIFIC INQUIRY AND CREATIVITY. MSI OPENED ITS DOORS IN 1933 AS ONE OF THE FIRST HANDS-ON INTERACTIVE MUSEUMS IN THE WORLD, AND IT HAS WELCOMED ALMOST 180 MILLION GUESTS SINCE THEN WITH THE MISSION TO INSPIRE THE INVENTIVE GENIUS IN EVERYONE. IN LINE WITH MSI'S MISSION IS ITS CURRENT VISION: TO INSURE AND MOTIVATE CHILDREN TO ACHIEVE THEIR FULL POTENTIAL IN SCIENCE, TECHNOLOGY, MEDICINE AND ENGINEERING. MORE THAN 300,000 STUDENTS MAKE UP THE MORE THAN 1.5 MILLION GUESTS THAT VISIT ANNUALLY. THROUGH ITS CENTER FOR ADVANCEMENT OF SCIENCE EDUCATION (CASE), MSI REACHES THOUSANDS OF STUDENTS AND TEACHERS EACH YEAR VIA SPECIAL PROGRAMS, LEARNING LABS, EDUCATOR COURSES AND MORE.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ....................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ..........................
If “Yes,” describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 24,390,792 including grants of $   ) (Revenue $ 9,539,532 )
Museum and Operations, which include Program Support Services and Exhibit Maintenance. These expenses support the Museum's vision of inspiring and motivating children to achieve their full potential in science, technology, medicine and engineering by providing guests and teachers with integrated learning experiences and programming that is centered on exciting and interactive exhibits that help explain how science directly impacts our daily lives.
4b (Code:   ) (Expenses $ 8,400,790 including grants of $   ) (Revenue $ 5,134,516 )
Public Programs and Exhibits. The Museum of Science and Industry (MSI) features groundbreaking exhibits and hands-on experiences that inspire guests to learn more and leave inspired. Key Museum exhibits include Science Storms, which uses large recreations of natural phenomena to teach basic scientific principles; YOU! The Experience, an interactive exhibit examining human health and celebrating the experience of life itself; the U-505 Submarine, the only German Submarine captured in World War II; Earth Revealed, which teaches about the forces at work on our planet in a facilitated experience; Fast Forward, an exhibit that demonstrates the cutting-edge work being done today in the areas of science, medicine and technology; and Smart Home: Green + Wired, a fully functioning eco-friendly home built on the Museum's grounds. Public programming reinforces key themes and concepts in a fun and enriching way. It includes not only facilitated demonstrations in exhibit areas, but also guest lectures and presentations by key scientists, astronauts, historians, architects and more.
4c (Code:   ) (Expenses $ 4,222,814 including grants of $ 7,495 ) (Revenue $ 529,738 )
Educational Programs and Activities. The Museum's Center for the Advancement of Science Education (CASE) impacts guests and students in the building and in their communities in a variety of ways. MSI offers live science demonstrations, facilitated learning labs for school groups, free teacher development and training, online experiments and lesson plans, after-school science club networks in underserved communities, and a club for teens that helps them learn science skills as they prepare for college.
4d Other program services (Describe in Schedule O.)
(Expenses $ 2,374,161 including grants of $ 0 ) (Revenue $ 3,978,719 )
4e Total program service expensesMediumBullet$ 39,388,557
Form 990 (2011)
Form 990 (2011)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? Click to see attachment........
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part IClick to see attachment..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part IIClick to see attachment.........................
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part III........................
5
 
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete Schedule D, Part IClick to see attachment....................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III Click to see attachment....................
8
Yes
 
9
Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IVClick to see attachment...................
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If “Yes,” complete Schedule D, Part VClick to see attachment
10
Yes
 
11
If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:
a
Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI.Click to see attachment
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII.Click to see attachment
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII.Click to see attachment
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX.Click to see attachment
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X.Click to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X.Click to see attachment
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If “Yes,” complete Schedule D, Parts XI, XII, and XIII Click to see attachment
12a
Yes
 
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional Click to see attachment
12b
 
No
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States or aggregate foreign investments valued at $100,000 or more? If “Yes,” complete Schedule F, Part I......... Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II.. Click to see attachment
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III.. Click to see attachment
16
 
No
17
Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part IClick to see attachment
17
Yes
 
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II.......... Click to see attachment
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III................... Click to see attachment
19
 
No
20a
Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....
20a
 
No
b
If “Yes” to line 20a, did the organization attach a copy of its audited financial statement to this return? Note. All Form 990 filers that operated one or more hospitals must attach audited financial statements.
20b
 
 
Form 990 (2011)
Form 990 (2011)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants and other assistance to any government or organization in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.. Click to see attachment
21
 
No
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III..... Click to see attachment
22
Yes
 
23
Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................ Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................ Click to see attachment
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
No
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I...... Click to see attachment
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................ Click to see attachment
25b
 
No
26
Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II......................... Click to see attachment
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If “Yes,” complete Schedule L, Part III......... Click to see attachment
27
 
No
28
Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV ......................... Click to see attachment
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV................... Click to see attachment
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV.. Click to see attachment
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule MClick to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............ Click to see attachment
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1.....................
34
 
No
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
 
No
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2...
35b
 
No
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2...........
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2011)
Form 990 (2011)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response to any question in this Part V .........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......
1a
142
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
 
No
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................
2a
461
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?.............................
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBulletCJ
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
Yes
 
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?.........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them) ........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.
13a
 
 
b
Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.
13b
 
c
Enter the aggregate amount of reserves on hand.
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
 
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2011)
Form 990 (2011)
Page 6
Part VI
Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response to any question in this Part VI .........
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
If the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
1a
109
b
Enter the number of voting members included in line 1a, above, who are independent .................
1b
104
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? .................
7a
 
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ............
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ..........
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If “Yes,” did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes? ....
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....
12a
Did the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Were officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this was done ....................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes," to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If “Yes,” did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
FL , IL , MI , NY , OH , WI
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet
ROBERT H FISHER
57TH STREET AND LAKE SHORE DRIVE
Chicago,IL606372093
(773) 947-3747
Form 990 (2011)
Form 990 (2011)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response to any question in this Part VII .........
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) David Mosena
President/Trustee
 35.0 X   X       516,955 0 45,240
(2) Jeffrey S Aronin
Trustee
 1.0 X           0 0 0
(3) William C Bartholomay
Trustee
 1.0 X           0 0 0
(4) Michael J Birck
Trustee
 1.0 X           0 0 0
(5) Charles K Bobrinskoy
Trustee
 1.0 X           0 0 0
(6) Barbara L Bowles
Trustee
 1.0 X           0 0 0
(7) Allan E Bulley Jr
Trustee
 1.0 X           0 0 0
(8) Martin Cabrera Jr
Trustee
 1.0 X           0 0 0
(9) John A Canning Jr
Trustee
 1.0 X           0 0 0
(10) Jay Christopher
Trustee
 1.0 X           0 0 0
(11) Alison L Chung
Trustee
 1.0 X           0 0 0
(12) Frank M Clark
Trustee
 1.0 X           0 0 0
(13) Christopher M Crane
Trustee
 1.0 X           0 0 0
(14) James S Crown
Trustee
 1.0 X           0 0 0
(15) Kent P Dauten
Trustee
 1.0 X           0 0 0
(16) Christa Davies
Trustee
 1.0 X           0 0 0
(17) Deborah L DeHaas
Trustee
 1.0 X           0 0 0
Form 990 (2011)
Form 990 (2011)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(18) William J Devers Jr
Trustee
 1.0 X           0 0 0
(19) David E Donovan
Trustee
 1.0 X           0 0 0
(20) James J Drury III
Trustee
 1.0 X           0 0 0
(21) W James Farrell
Trustee
 1.0 X           0 0 0
(22) Michael W Ferro Jr
Trustee
 1.0 X           0 0 0
(23) Dennis J FitzSimons
Trustee
 1.0 X           0 0 0
(24) William C Foote
Trustee
 1.0 X           0 0 0
(25) James J Fuentes
Trustee
 1.0 X           0 0 0
(26) Ronald J Gidwitz
Trustee
 1.0 X           0 0 0
(27) James T Glerum
Trustee
 1.0 X           0 0 0
(28) William M Goodyear
Trustee
 1.0 X           0 0 0
(29) James A Gordon
Trustee
 1.0 X           0 0 0
(30) James A Gray
Trustee
 1.0 X           0 0 0
(31) Jay L Henderson
Trustee
 1.0 X           0 0 0
(32) Roberto R Herencia
Trustee
 1.0 X           0 0 0
(33) Betsy D Holden
Trustee
 1.0 X           0 0 0
(34) Richard M Jaffee
Trustee
 1.0 X           0 0 0
(35) Edward L Kaplan
Trustee
 1.0 X           0 0 0
(36) John P Keller
Trustee
 1.0 X           0 0 0
(37) Michael P Krasny
Trustee
 1.0 X           0 0 0
(38) Frederick A Krehbiel
Trustee
 1.0 X           0 0 0
(39) Dr Leon M Lederman
Trustee
 1.0 X           0 0 0
(40) Eric P Lefkofsky
Trustee
 1.0 X           0 0 0
(41) Richard H Lenny
Trustee
 1.0 X           0 0 0
(42) Russell E Levine
Trustee
 1.0 X           0 0 0
(43) Charles A Lewis
Trustee
 1.0 X           0 0 0
(44) Edward M Liddy
Trustee
 1.0 X           0 0 0
(45) H John Livingston
Trustee
 1.0 X           0 0 0
(46) Barry L MacLean
Trustee
 1.0 X           0 0 0
(47) Timothy P Maloney
Trustee
 1.0 X           0 0 0
(48) Dr Walter E Massey
Trustee
 1.0 X           0 0 0
(49) Andrew J McKenna
Trustee
 1.0 X           0 0 0
(50) Robert S Morrison
Trustee
 1.0 X           0 0 0
(51) William L Morrison
Trustee
 1.0 X           0 0 0
(52) Robert S Murley
Trustee
 1.0 X           0 0 0
(53) Terry E Newman
Trustee
 1.0 X           0 0 0
(54) William A Osborn
Trustee
 1.0 X           0 0 0
(55) Sheila A Penrose
Trustee
 1.0 X           0 0 0
(56) Scott A Rafferty
Trustee
 1.0 X           0 0 0
(57) J Christopher Reyes
Trustee
 1.0 X           0 0 0
(58) Larry D Richman
Trustee
 1.0 X           0 0 0
(59) Jesse H Ruiz
Trustee
 1.0 X           0 0 0
(60) James T Ryan
Trustee
 1.0 X           0 0 0
(61) Michael J Sacks
Trustee
 1.0 X           0 0 0
(62) John F Sandner
Trustee
 1.0 X           0 0 0
(63) Ronald M Saslow
Trustee
 1.0 X           0 0 0
(64) Rouhy J Shalabi
Trustee
 1.0 X           0 0 0
(65) Alejandro Silva
Trustee
 1.0 X           0 0 0
(66) James A Skinner
Trustee
 1.0 X           0 0 0
(67) Jeffrey A Smisek
Trustee
 1.0 X           0 0 0
(68) Melody A Spann-Cooper
Trustee
 1.0 X           0 0 0
(69) J Douglas Sparkman
Trustee
 1.0 X           0 0 0
(70) David B Speer
Trustee
 1.0 X           0 0 0
(71) Robert Y Sperling
Trustee
 1.0 X           0 0 0
(72) Michael Tang
Trustee
 1.0 X           0 0 0
(73) Mark A Thierer
Trustee
 1.0 X           0 0 0
(74) Glenn F Tilton
Trustee
 1.0 X           0 0 0
(75) Dr John J Tracy
Trustee
 1.0 X           0 0 0
(76) Arthur R Velasquez
Trustee
 1.0 X           0 0 0
(77) David J Vitale
Trustee
 1.0 X           0 0 0
(78) Ralph Wanger
Trustee
 1.0 X           0 0 0
(79) Gregory D Wasson
Trustee
 1.0 X           0 0 0
(80) Miles D White
Trustee
 1.0 X           0 0 0
(81) Ann C Williams
Trustee
 1.0 X           0 0 0
(82) Thomas J Wilson
Trustee
 1.0 X           0 0 0
(83) David F Zucker
Trustee
 1.0 X           0 0 0
(84) Neal S Zucker
Trustee
 1.0 X           0 0 0
(85) Rhett W Butler
Life Trustee
 1.0 X           0 0 0
(86) Peter R Carney
Life Trustee
 1.0 X           0 0 0
(87) Frank W Considine
Life Trustee
 1.0 X           0 0 0
(88) Stanton R Cook
Life Trustee
 1.0 X           0 0 0
(89) Lester Crown
Life Trustee
 1.0 X           0 0 0
(90) Dr Victor J Danilov
Life Trustee
 1.0 X           0 0 0
(91) Robert J Darnall
Life Trustee
 1.0 X           0 0 0
(92) James C Dowdle
Life Trustee
 1.0 X           0 0 0
(93) Jeres D Fluno
Life Trustee
 1.0 X           0 0 0
(94) David W Grainger
Life Trustee
 1.0 X           0 0 0
(95) J Ira Harris
Life Trustee
 1.0 X           0 0 0
(96) James R Kackley
Life Trustee
 1.0 X           0 0 0
(97) Dr James S Kahn
Life Trustee
 1.0 X           0 0 0
(98) Charles S Locke
Life Trustee
 1.0 X           0 0 0
(99) Frank W Luerssen
Life Trustee
 1.0 X           0 0 0
(100) Dr Thomas L Martin Jr
Life Trustee
 1.0 X           0 0 0
(101) John D Nichols
Life Trustee
 1.0 X           0 0 0
(102) James J O'Connor
Life Trustee
 1.0 X           0 0 0
(103) Walter R Peirson
Life Trustee
 1.0 X           0 0 0
(104) Cindy Pritzker
Life Trustee
 1.0 X           0 0 0
(105) Louis A Simpson
Life Trustee
 1.0 X           0 0 0
(106) S Jay Stewart
Life Trustee
 1.0 X           0 0 0
(107) Eugene A Tracy
Life Trustee
 1.0 X           0 0 0
(108) Dr Arnold R Weber
Life Trustee
 1.0 X           0 0 0
(109) William L Weiss
Life Trustee
 1.0 X           0 0 0
(110) Robert Fisher
VP - Finance & Administration
 35.0     X       230,062 0 38,647
(111) Kurt Haunfelner
VP - Exhibits and Collections
 35.0     X       236,690 0 23,772
(112) Robert J Gallas Jr
VP - Marketing
 35.0     X       196,428 0 15,998
(113) Andrea Ingram
VP - Education
 35.0     X       213,006 0 23,974
(114) Shannon Alexander
VP - External Affairs
 35.0     X       154,398 0 5,086
(115) Eileen Cabrera
Corporate Secretary
 35.0     X       85,791 0 17,668
(116) Robert Shafis
Director-Planned Giving
 35.0         X   140,662 0 28,655
(117) Katherine Garant
Director of Finance/Controller
 35.0         X   126,676 0 31,996
(118) David Hanses
Director- Major Gifts
 35.0         X   162,628 0 22,355
(119) Duncan Harris
Museum Counsel
 35.0         X   154,005 0 15,630
(120) Denise Johnson
Project Manager, Smart Visit
 35.0         X   125,071 0 21,389
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 2,342,372 0 290,410
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organizationMediumBullet28
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
Hoffman York
142 E Ontario St
CHICAGO,IL60611 		Advertising 2,866,170
Eurest Services
4700 N Oketo
HARWOOD HEIGHTS,IL60706 		Cleaning Services 1,398,506
Allied Security LLC
PO Box 828854
PHILADELPHIA,PA19182 		Security 1,017,698
Sodexo American LLC
57th and Lakeshore Drive
CHICAGO,IL60637 		Catering 1,016,991
Jones Lang LaSalle Americas Inc
200 E Randolph 47th Fl
CHICAGO,IL60601 		Facilities Mgmt 542,643
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet22
Form 990 (2011)
Form 990 (2011)
Page 9
Part VIII
Statement of Revenue
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, Gifts, Grants and Other Similar Amounts 1a Federated campaigns..1a  
b Membership dues....1b 1,714,909
c Fundraising events....1c 2,126,530
d Related organizations...1d  
e Government grants (contributions)1e 6,436,394
f All other contributions, gifts, grants, and
similar amounts not included above1f 		14,663,771
g Noncash contributions included in lines 1a-1f:$ 7,666,659
h Total. Add lines 1a-1f.......MediumBullet 24,941,604
Program Service Revenue Business Code
2a GENERAL ADMISSION 900,099 9,514,222 9,514,222    
b U-505 PERMANENT EXHIBITS 900,099 1,289,752 1,289,752    
c OMNIMAX THEATER 900,099 1,598,696 1,598,696    
d MUSEUM STORE COMMISSIONS 900,099 834,318 834,318    
e SPECIAL EXHIBITS 900,099 3,291,393 3,291,393    
f All other program service revenue . 2,559,363 2,559,363    
g Total. Add lines 2a–2f........MediumBullet 19,087,744
Other Revenue 3 Investment income (including dividends, interest
and other similar amounts).....MediumBullet 2,105,097     2,105,097
4 Income from investment of tax-exempt bond proceeds..MediumBullet 0      
5 Royalties............MediumBullet 10,000     10,000
(i) Real (ii) Personal
6a Gross rents 887,112  
b Less: rental expenses 814,146  
c Rental income or (loss) 72,966  
d Net rental income or (loss).......MediumBullet 72,966   327,438 -254,472
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 8,296,572 223,762
b Less: cost or other basis and sales expenses 6,199,388 0
c Gain or (loss) 2,097,184 223,762
d Net gain or (loss)..........MediumBullet 2,320,946     2,320,946
8a Gross income from fundraising events (not including
$ 2,126,530
of contributions reported on line 1c). See Part IV, line 18 ...
a 108,459
b Less: direct expenses ...b 815,173
c Net income or (loss) from fundraising events..MediumBullet -706,714   -706,714
9a Gross income from gaming activities.
See Part IV, line 19 ...
a 9,100
b Less: direct expenses ...b 28,707
c Net income or (loss) from gaming activities...MediumBullet -19,607     -19,607
10a Gross sales of inventory, less
returns and allowances .
a 823,677
b Less: cost of goods sold ..b 289,538
c Net income or (loss) from sales of inventory..MediumBullet 534,139   495,378 38,761
Miscellaneous Revenue Business Code
11a PARKING AND OTHER GUEST SERVICES 900,099 2,563,701 69,007   2,494,694
b FOOD COURT 722,210 1,067,548     1,067,548
c PRIVATE EVENT SERVICE REVENUE 900,099 694,347   694,347  
d All other revenue .... 562,881 25,754   537,127
e Total. Add lines 11a–11d ......MediumBullet 4,888,477
12 Total revenue. See Instructions....MediumBullet 53,234,652 19,182,505 1,517,163 7,593,380
Form 990 (2011)
Form 990 (2011)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).
Check if Schedule O contains a response to any question in this Part IX. .........
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21 0  
2 Grants and other assistance to individuals in the United States. See Part IV, line 22 7,495 7,495
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 0  
4 Benefits paid to or for members 0  
5 Compensation of current officers, directors, trustees, and key employees .... 1,547,539 449,696 943,445 154,398
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 0      
7 Other salaries and wages 16,696,285 10,344,493 3,949,118 2,402,674
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 218,452 123,356 85,608 9,488
9 Other employee benefits ....... 4,402,262 2,184,510 1,330,758 886,994
10 Payroll taxes ........... 1,110,068 626,837 435,017 48,214
11 Fees for services (non-employees):        
a Management ...... 624,219 558,569 65,650  
b Legal ......... 237,368 52,961 184,407  
c Accounting ........... 24,150   24,150  
d Lobbying ........... 99,228     99,228
e Professional fundraising. See Part IV, line 17.. 43,307 43,307
f Investment management fees ...... 430,994   430,994  
g Other .......... 3,394,086 2,162,884 1,000,788 230,414
12 Advertising and promotion .... 4,153,508 60,824 4,017,548 75,136
13 Office expenses ....... 2,369,658 1,146,379 323,525 899,754
14 Information technology ...... 619,382 96,984 500,298 22,100
15 Royalties .. 0      
16 Occupancy ........... 1,664,010 1,320,591 343,419  
17 Travel ............ 349,208 193,786 90,624 64,798
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ...... 0      
19 Conferences, conventions, and meetings .... 0      
20 Interest ........... 2,298,152   2,298,152  
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization ..... 15,957,398 15,915,747 41,651  
23 Insurance .............. 279,630   279,630  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24f. If line 24f amount exceeds 10% of line 25, column (A) amount, list line 24f expenses on Schedule O.)
a BANK FEES/CREDIT CARD FEES 1,372,308   1,372,308  
b PROGRAM DEVELOPMENT 869,448 363,076 277 506,095
c BUILDING MAINTENANCE 754,097 586,645 167,452  
d TRAINING/RECRUITMENT 693,296 182,096 359,425 151,775
e
f All other expenses 4,437,999 3,011,628 926,523 499,848
25 Total functional expenses. Add lines 1 through 24f 64,653,547 39,388,557 19,170,767 6,094,223
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2011)
Form 990 (2011)
Page 11
Part X Balance Sheet
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash—non-interest-bearing .......... 2,043,395 1 2,987,327
2 Savings and temporary cash investments ....... 6,855,125 2 7,315,317
3 Pledges and grants receivable, net ......... 33,094,380 3 25,044,005
4 Accounts receivable, net ......... 2,470,790 4 1,503,407
5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L .......... 0 5 0
6 Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
Schedule L .......... 0 6 0
7 Notes and loans receivable, net ............. 0 7 0
8 Inventories for sale or use .............. 421,301 8 460,746
9 Prepaid expenses and deferred charges ............ 853,616 9 1,008,578
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 358,892,761
b Less: accumulated depreciation. ..... 10b 179,267,158 190,860,644 10c 179,625,603
11 Investments—publicly traded securities .......... 54,060,326 11 37,803,727
12 Investments—other securities. See Part IV, line 11 ...... 25,973,893 12 33,065,689
13 Investments—program-related. See Part IV, line 11 .. 0 13 0
14 Intangible assets ......... 0 14 0
15 Other assets. See Part IV, line 11 ........... 1,284,622 15 1,642,712
16 Total assets. Add lines 1 through 15 (must equal line 34)... 317,918,092 16 290,457,111
Liabilities 17 Accounts payable and accrued expenses . 7,596,342 17 5,744,528
18 Grants payable .......... 0 18 0
19 Deferred revenue .......... 2,119,471 19 1,869,471
20 Tax-exempt bond liabilities .......... 16,800,000 20 9,301,000
21 Escrow or custodial account liability. Complete Part IV of Schedule D.. 0 21 0
22 Payables to current and former officers, directors, trustees, key
employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L.......... 0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 65,520,487 23 64,639,302
24 Unsecured notes and loans payable to unrelated third parties .... 0 24 0
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D..... 867,606 25 3,025,601
26 Total liabilities. Add lines 17 through 25..... 92,903,906 26 84,579,902
Net Assets or Fund Balance Organizations that follow SFAS 117, check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets ..... 175,253,543 27 149,888,609
28 Temporarily restricted net assets ..... 44,275,643 28 50,503,600
29 Permanently restricted net assets ..... 5,485,000 29 5,485,000
Organizations that do not follow SFAS 117, check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ..... 225,014,186 33 205,877,209
34 Total liabilities and net assets/fund balances ..... 317,918,092 34 290,457,111
Form 990 (2011)
Form 990 (2011)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI .........
1
Total revenue (must equal Part VIII, column (A), line 12) ...
1
53,234,652
2
Total expenses (must equal Part IX, column (A), line 25) ....
2
64,653,547
3
Revenue less expenses. Subtract line 2 from line 1 ...
3
-11,418,895
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
225,014,186
5
Other changes in net assets or fund balances (explain in Schedule O) ...
5
-7,718,082
6
Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) ....
6
205,877,209
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII .........
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?....
2a
 
No
b
Were the organization’s financial statements audited by an independent accountant?........
2b
Yes
 
c
If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O. ...........................
2c
Yes
 
d
If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................
3a
Yes
 
b
If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..
3b
Yes
 
Form 990 (2011)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2011
Open to Public
Inspection
Name of the organization
Museum of Science and Industry
 
Employer identification number

36-2167797
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization? ................
11g(i)
 
 
(ii) a family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) a 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
(i)
Name of supported organization 		(ii)
EIN 		(iii)
Type of organization (described on lines 1- 9 above or IRC section (see instructions)) 		(iv)
Is the organization in col. (i) listed in your governing document? 		(v)
Did you notify the organization in col. (i) of your support? 		(vi)
Is the organization in col. (i) organized in the U.S.? 		(vii)
Amount of support?
Yes No Yes No Yes No
Total                  

For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... 51,297,359 51,192,090 35,056,094 32,691,579 24,941,604 195,178,726
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3.. 51,297,359 51,192,090 35,056,094 32,691,579 24,941,604 195,178,726
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..           41,876,770
6 Public Support. Subtract line 5 from line 4.           153,301,956
Section B. Total Support
Calendar year(or fiscal year beginning in) (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
7 Amounts from line 4.. 51,297,359 51,192,090 35,056,094 32,691,579 24,941,604 195,178,726
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. 3,333,204 2,335,610 3,746,287 2,405,226 2,115,097 13,935,424
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets.. 3,610,330 2,953,307 3,681,766 3,768,020 4,216,928 18,230,351
11 Total support (Add lines 7 through 10).           227,344,501
12
12
88,284,469
13
Section C. Computation of Public Support Percentage
14
14
67.432 %
15
15
72.442 %
16a
b
17a
b
18
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public Support (Subtract line 7c from line 6.)            
Section B. Total Support
Calendar year (or fiscal year beginning in) (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)            
13 Total support (Add lines 9, 10c, 11 and 12.).            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 4
Part IV
Supplemental Information. Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
 
 
 
 
Schedule A (Form 990 or 990-EZ) 2011

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
OMB No. 1545-0047
2011
Name of organization
Museum of Science and Industry
 
Employer identification number

36-2167797
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......................... Arrow Bullet   $    
Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 2
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Name of organization
Museum of Science and Industry
  		Employer identification number

36-2167797
Part I
Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
     
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

     
RESTRICTED
RESTRICTED  
RESTRICTED, RESTRICTED   RESTRICTED

$RESTRICTED




(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 3
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Name of organization
Museum of Science and Industry
  		Employer identification number

36-2167797
Part II
Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
     
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions). 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions). 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions). 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions). 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions). 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions). 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 4
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Name of organization
Museum of Science and Industry
  		Employer identification number

36-2167797
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
Use duplicate copies of Part III if additional space is needed
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Additional Data


Software ID:  
Software Version:  
SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527
SchCMd Bullet Complete if the organization is described below.
SchCMd Bullet Attach to Form 990 or Form 990-EZ. SchCMd Bullet See separate instructions.
OMB No. 1545-0047
2011
Open to Public
Inspection
If the organization answered “Yes” to Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered “Yes” to Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)) Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered “Yes” to Form 990, Part IV, Line 5 (Proxy Tax) or Form 990-EZ, line 35c (Proxy Tax), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
Museum of Science and Industry
 
Employer identification number

36-2167797
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV.
2
Political expenditures ....................................SchCMd Bullet
$  
3
Volunteer hours ........................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 .........SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 ......SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? ..............
4a
Was a correction made? .........................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c) except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities SchCMd Bullet
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ...................................SchCMd Bullet

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b..SchCMd Bullet

$  
4
Did the filing organization file Form 1120-POL for this year? ..........................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.










For Privacy Act and Paperwork Reduction Act Notice, see the instructions for Form 990.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2011

Schedule C (Form 990 or 990-EZ) 2011
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check expenses, and share of excess lobbying expenditures).
B Check
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group
totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......    
b Total lobbying expenditures to influence a legislative body (direct lobbying) .......    
c Total lobbying expenditures (add lines 1a and 1b) ...................    
d Other exempt purpose expenditures ........................    
e Total exempt purpose expenditures (add lines 1c and 1d) ...............    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
  If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:    
  Not over $500,00020% of the amount on line 1e.    
  Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.    
  Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.    
  Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.    
  Over $17,000,000$1,000,000.    
       
g Grassroots nontaxable amount (enter 25% of line 1f) .................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ......................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the instructions for lines 2a through 2f on page 4.)
Lobbying Expenditures During 4-Year Averaging Period
  Calendar year (or fiscal year
beginning in) 		(a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) Total
             
2a Lobbying non-taxable amount          
             
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		         
             
c Total lobbying expenditures          
             
d Grassroots nontaxable amount          
             
e Grassroots ceiling amount
(150% of line 2d, column (e))		          
             
f Grassroots lobbying expenditures          
Schedule C (Form 990 or 990-EZ) 2011


Schedule C (Form 990 or 990-EZ) 2011
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each “Yes” response to lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
Yes
No
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? .........................................
 
No
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ....
Yes
 
c
Media advertisements? ....................................
 
No
 
d
Mailings to members, legislators, or the public? .........................
 
No
 
e
Publications, or published or broadcast statements? .......................
 
No
 
f
Grants to other organizations for lobbying purposes? .......................
 
No
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? ........
Yes
 
239,211
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ......
 
No
 
i
Other activities? ..........................
 
No
 
j
Total. Add lines 1c through 1i ...............................
239,211
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
No
b
If "Yes," enter the amount of any tax incurred under section 4912 .................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 .....
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? .......
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? ..........
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2 are answered “No” OR (b) Part III-A, line 3 is answered “Yes”.
1
Dues, assessments and similar amounts from members .....................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a
Current year .........................................
2a
 
b
Carryover from last year ....................................
2b
 
c
Total ...........................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) ..............
5
 
Part IV
Supplemental Information
Complete this part to provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, Part II-A; line 5; and Part ll-B, line 1.
Also, complete this part for any additional information.
Identifier Return Reference Explanation
Paid Staff or Management Schedule C, Part II-B, Line 1b Make direct contact with covered federal and state officials as it relates to the Museum's needs.
Direct Contact Schedule C, Part II-B, Line 1g Strategic counsel, government affairs and lobbying.
Description of Lobbying Form 990, Schedule C, Part II-B Capstone National Partners provides the Museum of Science and Industry with strategic counsel, government affairs and lobbying services.
Schedule C (Form 990 or 990EZ) 2011

Additional Data


Software ID:  
Software Version:  

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
Museum of Science and Industry
 
Employer identification number

36-2167797
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .......    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) ...    
4 Aggregate value at end of year .......    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register .................... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................
9
In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958), relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 52283D
Schedule D (Form 990) 2011

Schedule D (Form 990) 2011
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIV and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIV.
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current Year (b)Prior Year (c)Two Years Back (d)Three Years Back (e)Four Years Back
1a Beginning of year balance .... 5,845,132 5,514,447 4,597,491 985,000
b Contributions ........   0 0 5,000,000
c Net investment earnings, gains, and losses ... -298,249 599,415 1,604,030 -1,330,674
d Grants or scholarships .....   0   0
e Other expenditures for facilities
and programs ........ 		208,884 268,730 687,074 56,835
f Administrative expenses ....   0 0 0
g End of year balance ...... 5,337,999 5,845,132 5,514,447 4,597,491
2
Provide the estimated percentage of the year end balance (line 1g) held as:
a
Board designated or quasi-endowment SchDMd Bullet  
b
Permanent endowment SchDMd Bullet100.000 %
c
Temporarily restricted endowment SchDMd Bullet  
The percentages in lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
No
(ii) related organizations ........................
3a(ii)
 
No
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIV the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .................      
b Buildings ................ 0 137,982,893 55,219,667 82,763,226
c Leasehold improvements ............        
d Equipment ................ 0 6,978,558 5,594,397 1,384,161
e Other ................. 0 213,931,310 118,453,094 95,478,216
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......SchDMdBullet 179,625,603
Schedule D (Form 990) 2011

Schedule D (Form 990) 2011
Page 3
Part VII
Investments—Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
(3)Other
(A) EQUITY FUNDS- DOMESTIC 		10,970,484 F

(B) FIXED INCOME FUNDS 		21,992,517 F

(C) EQUITY HEDGE FUND 		102,688 F






Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 33,065,689
Part VIII
Investments—Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of Liability (b) Book value
Federal Income Taxes 0
CAPITAL LEASE OBLIGATION 332,732
PENSION LIABILITY 1,138,351
INTEREST RATE SWAP 1,554,518






Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 3,025,601
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).
Schedule D (Form 990) 2011

Schedule D (Form 990) 2011
Page 4
Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1 Total revenue (Form 990, Part VIII, column (A), line 12) .................... 1 53,234,652
2 Total expenses (Form 990, Part IX, column (A), line 25) ..................... 2 64,653,547
3 Excess or (deficit) for the year. Subtract line 2 from line 1 ............. 3 -11,418,895
4 Net unrealized gains (losses) on investments .......................... 4 -7,408,542
5 Donated services and use of facilities ............................. 5 -309,540
6 Investment expenses ................................... 6  
7 Prior period adjustments .................................. 7  
8 Other (Describe in Part XIV.) ................................. 8  
9 Total adjustments (net). Add lines 4 through 8 ......................... 9 -7,718,082
10 Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 ......... 10 -19,136,977
Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1 Total revenue, gains, and other support per audited financial statements ....... 1 45,321,757
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a -7,408,542
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIV.) ............ 2d 1,947,564
e Add lines 2a through 2d ..................... 2e -5,460,978
3 Subtract line 2e from line 1..................... 3 50,782,735
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a 430,994
b Other (Describe in Part XIV.) ........... 4b 2,020,923
c Add lines 4a and 4b....................... 4c 2,451,917
5 Total Revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 53,234,652
Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements ............. 1 64,458,734
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a 309,540
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIV.) ............ 2d 1,947,564
e Add lines 2a through 2d...................... 2e 2,257,104
3 Subtract line 2e from line 1..................... 3 62,201,630
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a 430,994
b Other (Describe in Part XIV.) ............ 4b 2,020,923
c Add lines 4a and 4b....................... 4c 2,451,917
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 64,653,547
Part XIV
Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
Identifier Return Reference Explanation
Financial Statement Footnote Schedule D, Part III, Line 1a The Museum's permanent collections, which were acquired since the Museum's inception through purchases and contributions from benefactors, are not recognized as assets on the statements of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired, or as temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not reflected in the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes.
Description of Organization's Collections Schedule D, Part III, Line 4 The Museum's collection - with almost 40,000 objects that showcase advances in science, industry and technology - serves to create spectacular exhibits and experiences that excite and inspire Museum guests and further the Museum's mission and vision. Remarkable artifacts in the collection include the 700-ton U-505 Submarine; a real United 727 airplane; the Pioneer Zephyr, the train that set the speed record in 1934; a British Spitfire WWII plane; a collection of carefully preserved human anatomical slices and fetuses; and much more. The museum's collections are designed to spark scientific inquiry and creativity to motivate children to achieve their full potential in science, technology, medicine and engineering in furtherance of the museum's exempt purpose.
Intended Uses of Endowment Funds Schedule D, Part V, Line 4 The organization's endowment funds are meant to serve as a source of financial support of the Museum's mission. A portion of annual endowment earnings are used to support Museum general operations. Earnings are directed to specific elements of the Museum's operations as directed by donor restrictions on respective contributions to the endowment.
Supplemental Description - Other Schedule D, Part XII, Line 2d RENTAL EXPENSES $814,146 COST OF GOODS SOLD $289,538 FUNDRAISING EXPENSES $815,173 GAMING ACTIVITIES EXPENSES $28,707 ____________ TOTAL $1,947,564
Supplemental Description - Other Schedule D, Part XII, Line 4b MINIMUM PENSION LIABILITY $466,405 CHANGE IN VALUE OF INTEREST RATE SWAP $1,554,518 _____________ TOTAL $2,020,923
Supplemental Description - Other Schedule D, Part XIII, Line 2d RENTAL EXPENSES $814,146 COST OF GOODS SOLD $289,538 FUNDRAISING EXPENSES $815,173 GAMING ACTIVITIES EXPENSES $28,707 ____________ TOTAL $1,947,564
Supplemental Description - Other Schedule D, Part XIII, Line 4b MINIMUM PENSION LIABILITY $466,405 CHANGE IN VALUE OF INTEREST RATE SWAP $1,554,518 _____________ TOTAL $2,020,923
Schedule D (Form 990) 2011

Additional Data


Software ID:  
Software Version:  




SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990,Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990. Right pointing arrow large image See separate instructions.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
Museum of Science and Industry
 
Employer identification number

36-2167797
Part I
General Information on Activities Outside the United States. Complete if the organization answered
“Yes” to Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of its grants
and other assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? ..............................
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other
assistance outside the United States.
3
Activites per Region. (Use Part V if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees or agents in region or independent contractors (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total
expenditures for region/investments
in region
Central America and the Caribbean     Investments N/A 102,688
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
3a Sub-total .....     102,688
b Total from continuation sheets to Part I ...      
c Totals (add lines 3a and 3b)     102,688
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2011
Schedule F (Form 990) 2011
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990,
Part IV, line 15, for any recipient who received more than $5,000. Check this box if no one recipient received more than $5,000 ........ MediumBullet
Use Part V if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount of
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2
Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .....MediumBullet
 
3
Enter total number of other organizations or entities ........................MediumBullet
 
Schedule F (Form 990) 2011
Schedule F (Form 990) 2011Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Use Part V if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2011
Schedule F (Form 990) 2011
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926 (see instructions for Form 926).................
2 Did the organization have an interest in a foreign trust during the tax year? If " Yes," the organization may be required to file Form 3520 and/or Form 3520-A. (see instructions for Forms 3520 and 3520-A)..........
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with respect to Certain Foreign Corporations. (see instructions for Form 5471)..............................
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If "Yes," the organization may be required to file Form 8621, Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see instructions for Form 8621)
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with respect to Certain Foreign Partnerships. (see instructions for Form 8865)....................................
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see instructions for Form 5713)................................................
Schedule F (Form 990) 2011
Schedule F (Form 990) 2011
Page 5
Part V
Supplemental Information
Complete this part to provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).
Identifier ReturnReference Explanation
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
Schedule F (Form 990) 2011
Additional Data


Software ID:  
Software Version:  



SCHEDULE G (Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19,or if the organization entered more than $15,000 on Form 990-EZ, line 6a.right arrowAttach to Form 990 or Form 990-EZ. right arrowSee separate instructions.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
Museum of Science and Industry
 
Employer identification number

36-2167797
Part I
Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If “Yes,” list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization. Form 990-EZ filers are not required to complete this table.
(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
Comnet Marketing
1214 Stowe Avenue
 
Medford, OR97501 		Telemktg Membership   No 48,705 29,023 19,682
SD A Teleservices
5757 W Century Blvd
 
Los Angeles, CA90045 		Telemktg Membership   No 16,510 14,254 2,256
Total .................right arrow 65,215 43,277 21,938
3
List all states in which the organization is registered or licensed to solicit funds or has been notified it is exempt from registration or licensing.
FL, IL, MI, NY, OH, WI
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2011
Schedule G (Form 990 or 990-EZ) 2011
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 on Form 990-EZ, line 6a. List events with gross receipts greater than $5,000.
(a) Event #1

Black Creativit
(event type) 		(b) Event #2

Columbian Ball
(event type) 		(c) Other Events

0
(total number) 		(d) Total Events
(Add col. (a) through col. (c))
VerticalRevenue 1 Gross receipts . . . 512,151 1,722,838   2,234,989
2 Less: Charitable
contributions . . . 		485,576 1,640,954   2,126,530
3 Gross income (line 1
minus line 2) . . . 		26,575 81,884   108,459
VerticalDirectExpenses 4 Cash prizes . . .        
5 Non-cash prizes . . 47,252     47,252
6 Rent/facility costs . .        
7 Food and beverages . . 132,973 105,486   238,459
8 Entertainment . . . 14,501 6,500   21,001
9 Other direct expenses . 269,916 238,545   508,461
10 Direct expense summary. Add lines 4 through 9 in column (d) ........... right arrow 815,173
11 Net income summary. Combine lines 3 and 10 in column (d)............ right arrow -706,714
Part III
Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue (a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (Add col. (a) through col. (c))
1 Gross revenue . . . .        
VerticalDirectExpenses 2 Cash prizes . . . .        
3 Non-cash prizes . . .        
4 Rent/facility costs . . .        
5 Other direct expenses . .        
6 Volunteer labor . . .
 
 
 
7 Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow  
8 Net gaming income summary. Combine lines 1 and 7 in column (d) .......... right arrow  
9
Enter the state(s) in which the organization operates gaming activities:
a
Is the organization licensed to operate gaming activities in each of these states? ............
b
If "No," Explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....
b
If "Yes," Explain:
 
11
Does the organization operate gaming activities with nonmembers? .................
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? ..........................
Schedule G (Form 990 or 990-EZ) 2011
Schedule G (Form 990 or 990-EZ) 2011
Page 3
13
Indicate the percentage of gaming activity operated in:
a
The organization's facility ......................
13a
 
b
An outside facility ........................
13b
 
14
Provide the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
57th Street and Lake Shore Drive
Chicago,IL60637
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? ......................................
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address:
Name right arrow
Address right arrow
 
 
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ............................
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Complete this part to provide additional information for responses to quuestion on Schedule G (see instructions.)
Identifier ReturnReference Explanation
Fundraising Agreements Form 990, Schedule G, Part I, Line 2b MSI CONTRACTS WITH COMNET TO DO THE FOLLOWING: DESIGN PROGRAM, WRITE THE SCRIPT, SEND A COPY OF THE SCRIPT TO THE MSI FOR APPROVAL, TRAIN TELEPHONE SALES REPRESENTATIVES ON PROGRAM, CALL PROSPECTS/MEMBERS AND SOLICIT/RENEW MEMBERSHIPS/PERFORM QUALITY CONTROL MONITORING OF SAMPLE CALLS AS THEY OCCUR, TRANSMIT A "DAILY REPORT COVERSHEET" WITH A RECAP OF PREVIOUS DAYS CALLING TO MSI DAILY, SEND HARD COPIES OF DUES PLEDGED BY CERTIFIED MAIL TO MSI SEMI-MONTHLY WITH THE COMNET INVOICE, AND PROVIDE MSI WITH THE FINAL RESULT FOR ALL CALLING RECORDS AT THE END OF THE CALLING PROGRAM. COMNET IS IN CONTROL OF DUES THAT ARE RAISED THROUGH THEIR FUNDRAISING SERVICES. COMNET IS RESPONSIBLE FOR MAILING/EMAILING ALL PLEDGE FORMS AND DUES INVOICES. Comnet Marketing membership fundraising expense for telemarketing was targeted to members who had joined via the Groupon promotion of the previous year and their promotion had expired. The expense of calling them resulted in fewer renewals than anticipated. MSI CONTRACTS WITH SD&A TELESERVICES, INC. TO DO THE FOLLOWING: DEVELOP A SCRIPT, WRITE THE SCRIPT, SEND A COPY OF THE SCRIPT TO THE MSI FOR APPROVAL, RECRUIT AND TRAIN CALLERS, CALL PROSPECTS DONORS AND SOLICIT DONATIONS TO GROW THE ANNUAL FUND AND COLUMBIAN SOCIETY. SD&A TELESERVICES, INC. WILL SUPERVISE TIMELY CONFIRMATION MAILINGS AND PROCESS GIFT DATA TO PRODUCE REMINDER MAILS; CREDIT CARD AND PLEDGE GIFT INFORMATION WILL BE EMAILED TO MSI DAILY; AND DAILY, CUMULATIVE AND WEEKLY REPORTS THAT TRACK AND SEGMENT RESULTS WILL BE DELIVERED TO MSI AS WELL AS AN END OF CAMPAIGN REPORT AND A DONOR COMMENT FILE. SD & A Teleservices telemarketing fundraising strategy was to support the efforts of the Individual Giving direct mail campaign. Its primary role was to act as a follow up and reminder rather than major revenue generating fundraising medium. As part of the overall restructuring of the IG program, this was an area where we knew we needed to invest money to see long term results, which is why there is a very narrow margin of revenue from 2011 TM efforts.
Schedule G (Form 990 or 990-EZ) 2011
Additional Data


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Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
OMB No. 1545-0047
2011
Open to Public
Inspection
Name of the organization
Museum of Science and Industry
 
Employer identification number
36-2167797
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21 for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Use
Part IV and Schedule I-1 (Form 990) if additional space is needed ......................... lBullet
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance






















2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
 
3
Enter total number of other organizations listed in the line 1 table ......................... . Bullet Image
 
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2011

Schedule I (Form 990) 2011
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Use Schedule I-1 (Form 990) if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance
(1) Science Achievers - Case Celebration 30 0 7,495 FMV Laptop













Part IV
Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.
Identifier Return Reference Explanation
Monitoring the Use of Grant Funds Schedule I, Part 1, Line 2 Laptop computers were provided to 30 high school students enrolled in the Museum's Science Achievers program. The students selected to receive the computers were graduating from high school and preparing to attend college in the fall of 2011. The Museum's Community Initiatives staff worked closely with the students over the course of the school year and awarded the computers at the culmination of the program.
Schedule I (Form 990) 2011


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Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990,
Part IV, question 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
Museum of Science and Industry
 
Employer identification number

36-2167797
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all the expenses described above? If "No," complete Part III to explain....
1b
 
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? ....
2
 
 
3
Indicate which, if any, of the following the organization uses to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ...............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? ........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? ........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 50053T
Schedule J (Form 990) 2011

Schedule J (Form 990) 2011
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.

Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and column (E) for that individual.
(A) Name (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported as deferred
in prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1) David Mosena (i)
(ii)		 438,886
0 		75,000
0 		3,069
0 		23,250
0 		22,009
0 		562,214
0 		0
0
(2) Robert Fisher (i)
(ii)		 220,062
0 		10,000
0 		0
0 		14,658
0 		23,990
0 		268,710
0 		0
0
(3) Kurt Haunfelner (i)
(ii)		 226,690
0 		10,000
0 		0
0 		11,462
0 		12,330
0 		260,482
0 		0
0
(4) Robert J Gallas Jr (i)
(ii)		 186,428
0 		10,000
0 		0
0 		13,996
0 		2,021
0 		212,445
0 		0
0
(5) Andrea Ingram (i)
(ii)		 203,006
0 		10,000
0 		0
0 		16,195
0 		7,798
0 		236,999
0 		0
0
(6) Shannon Alexander (i)
(ii)		 138,187
0 		16,211
0 		0
0 		0
0 		5,099
0 		159,497
0 		0
0
(7) Robert Shafis (i)
(ii)		 134,283
0 		6,379
0 		0
0 		9,666
0 		19,009
0 		169,337
0 		0
0
(8) Katherine Garant (i)
(ii)		 124,176
0 		2,500
0 		0
0 		10,407
0 		21,609
0 		158,692
0 		0
0
(9) David Hanses (i)
(ii)		 143,850
0 		18,778
0 		0
0 		7,531
0 		14,843
0 		185,002
0 		0
0
(10) Duncan Harris (i)
(ii)		 151,505
0 		2,500
0 		0
0 		12,380
0 		3,250
0 		169,635
0 		0
0






Schedule J (Form 990) 2011

Schedule J (Form 990) 2011
Page 3
Part III
Supplemental Information
Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4c, 5a, 5b, 6a, 6b, 7, and 8. Also complete this part for any additional information.
Identifier Return Reference Explanation
Supplemental nonqualified retirement plan Schedule J, Part I, Line 4b David Mosena, President, received a payout of $2,274,798 for retirement plan benefit. It was reported on W-2s in prior years and previously filed 990 forms.
Non-Fixed Payments Form 990, Part I, Line 7 The Compensation Committee reviewed and approved bonuses for the President, ($75,000); the VP's, ($10,000); and the Directors ($2,500); with the exception of one VP, who received $16,211 and two Directors who received more than the $2,500. One of the Directors received $18,778 and the other one received $6,379 due to their extraordinary work for the capital campaign. None of these bonus amounts are based on the organization's net earnings.
Schedule J (Form 990) 2011

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Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
OMB No. 1545-0047
2011
Open to Public
Inspection
Name of the organization
Museum of Science and Industry
 
Employer identification number
36-2167797
Part I
Bond Issues
(a) Issuer Name (b) Issuer EIN (c) CUSIP # (d) Date Issued (e) Issue Price (f) Description of Purpose (g) Defeased (h) On
Behalf of
Issuer 		(i) Pool
financing
Yes No Yes No Yes No
A IFA Series 2009A-D
  		86-1091967 45200FJ91 12-17-2009 64,000,000 Construction, Exhibits   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . 0      
2 Amount of bonds legally defeased . . . . . . . . . . 0      
3 Total proceeds of issue . . . . . . . . . . . . . 64,000,000      
4 Gross proceeds in reserve funds . . . . . . . . 0      
5 Capitalized interest from proceeds . . . . . . . . . . 0      
6 Proceeds in refunding escrows . . . . . . . . . . . 62,937,702      
7 Issuance costs from proceeds . . . . . . . . . . . 429,298      
8 Credit enhancement from proceeds . . . . . . . . . . 0      
9 Working capital expenditures from proceeds . . . . . . . 633,000      
10 Capital expenditures from proceeds . . . . . . . . . . 0      
11 Other spent proceeds . . . . . . . . . . . 0      
12 Other unspent proceeds . . . . . . . . . . . 0      
13 Year of substantial completion . . . . . . . . . . .
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . X              
15 Were the bonds issued as part of an advance refunding issue? . . . .   X            
16 Has the final allocation of proceeds been made? . . . . . . X              
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . X              
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X            
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . .   X            
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2011
Schedule K (Form 990) 2011
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . .   X            
b If ‘Yes’ to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? . . . . .                
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . .   X            
d If ‘Yes’ to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? .                
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 0.00000%   %   %   %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet 0.00000%   %   %   %
6 Total of lines 4 and 5 . . .. . . . . . . . . 0.00000%   %   %   %
7 Does the bond issue meet the private security or payment test? . . . X              
8 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2?
X              
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has a Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate, been filed with respect to the bond issue? . . .   X            
2 Is the bond issue a variable rate issue? X              
3a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X            
b Name of provider . . . . . . . . 0
  		 
  		 
  		 
 
c Term of hedge . . . . . . . .        
d Was the hedge superintegrated? . . . .                
e Was a hedge terminated? . . . . .                
4a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . .   X            
b Name of provider . . . . . . 0
  		 
  		 
  		 
 
c Term of GIC . . . . . . .        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . . .                
5 Were any gross proceeds invested beyond an available temporary period? . . . . . .   X            
6 Did the bond issue qualify for an exception to rebate? .   X            
7 Has the organization established written procedures to monitor the requirements of section 148? . . .   X            
Schedule K (Form 990) 2011

Schedule K (Form 990) 2011
Page 3
Part V
Procedures To Undertake Corrective Action
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? . . . . . . . . . . . . . .
Part VI
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule K (see instructions).
Identifier Return Reference Explanation
Procedures to Undertake Corrective Action Schedule K, Part V The Museum has not violated any applicable requirements for tax exempt bonds benefitting the Museum. The Museum has not established written procedures to ensure timely identification of violations of federal tax requirements or timely correction of any identified violations, but the museum will look into establishing procedures in the near future.
Schedule K (Form 990) 2011

Additional Data


Software ID:  
Software Version:  

Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V lines 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ. MediumBulletSee separate instructions.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
Museum of Science and Industry
 
Employer identification number

36-2167797
Part I
Excess Benefit Transactions (section 501(c)(3) and section 501 (c)(4) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Description of transaction (c) Corrected?
Yes No





2
Enter the amount of tax imposed on the organization managers or disqualified persons during the year under section 4958. ......................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 26, or Form 990-EZ, Part V, line 38a.
(a) Name of interested person and purpose (b) Loan to or from the organization? (c)Original principal amount (d)Balance due (e) In default? (f) Approved by board or committee? (g)Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefitting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b)Relationship between interested person and the organization (c)Amount of grant or type of assistance
For Privacy Act and Paperwork Reduction Act Notice, see the
Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2011
Schedule L (Form 990 or 990-EZ) 2011
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) David E Donovan Trustee 465,969 Bond/LOC Interest/Fees   No
(2) David E Donovan Trustee 655,700 Corporate Credit Card Payments   No
(3) Timothy P Maloney Trustee 206,083 Bond Interest/LC Commission   No
(4) William L Morrison Trustee 254,143 Bond/Bank Fees   No
(5) Sheila A Penrose Trustee 420,541 Contract Employees   No
Part V
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule L (see instructions).
Identifier Return Reference Explanation
Related Party Transactions Schedule L, Part IV David E Donovan, a trustee of MSI, is a CO-CEO of Chase Capital Corporation. MSI's transactions with JP Morgan are done in terms similar to those given to the general public. The conflict exists in that Mr. Donovan is a member of the Finance Committee, which approves all financial matters of MSI including banking. To resolve this conflict Mr. Donovan does not participate in discussions regarding the relationship with JPMorgan Chase and excuses himself when the Finance Committee is voting on financial matters related to MSI and the JPMorgan Chase. Timothy P Maloney, a Trustee of MSI, is an Illinois president of bank of America. MSI transactions with bank of America are done in terms similar to those given to the general public. There is no conflict since Mr. Maloney does not belong to any committee of the board which votes on financial matters related to MSI and bank of America. William L Morrison, a trustee of MSI, is president and COO of Northern Trust Bank. Northern Trust provides banking, asset/treasury management, and commercial lending for MSI. These services are provided in the same terms as those given to the general public. There is no conflict since Mr. Morrison does not belong to any committee of the board which votes on matters related to the Northern Trust. Sheila A Penrose, a trustee of MSI, is a chairman of Jones Lang LaSalle. MSI transactions with Jones Lang LaSalle were based on contractual agreements and were done in terms similar to those given to the general public. Services with Jones Lang LaSalle were terminated in Mid-2011. There is no conflict since Mrs. Penrose does not belong to any of the board committees responsible for approving transactions with this vendor (I.E. building and grounds).
Schedule L (Form 990 or 990-EZ) 2011

Additional Data


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SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
NonCash Contributions
Right pointing arrow large imageComplete if the organization answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
Museum of Science and Industry
 
Employer identification number

36-2167797
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of Contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art ....        
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications ..      
5 Clothing and household
goods ....... 		     
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 48 6,909,294 Cost/Selling price
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles .....        
19 Food inventory ...        
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( Black Creativity Raffle ) X 35 78,118 Cost/Selling price
26 Other Right pointing arrow large image ( Furnitures & TV ) X 3 59,125 Cost/Selling price
27 Other Right pointing arrow large image ( Smart Home ) X 46 223,672 Cost/Selling price
28 Other Right pointing arrow large image ( Software Upgrade ) X 1 388,700 Cost/Selling price
Other Right pointing arrow large image ( Cubs Ticket & Gift Cards ) X 3 7,750 Cost/Selling Price
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...
29
1
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1-28 that it
must hold for at least three years from the date of the initial contribution, and which is not required to be used
for exempt purposes for the entire holding period? ..................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ............................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization did not report revenues in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) 2011
Schedule M (Form 990) 2011
Page 2
Part II
Supplemental Information. Complete this part to provide the information required by Part I, lines 30b,
32b, and 33 and whether the organization is reporting in Part I, column (b) the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Identifier Return Reference Explanation
Third Party Assistance of Noncash Contributions Schedule M, Part I, Line 32B A third party is designated to receive non-cash securities from contributors. Upon receipt of the securities, the third party subsequently sells securities on behalf of the Museum. The third party deposits proceeds from the sale of non-cash securities into the Museum's short term investment account.
Schedule M (Form 990) 2011
Additional Data


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SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2011
Open to Public
Inspection
Name of the organization
Museum of Science and Industry
 
Employer identification number

36-2167797
Identifier Return Reference Explanation
Other Program Service Accomplishments FORM 990, PART III, LINE 4d Ancillary Services represent various guest services that enhance the guest experience. These include the Omnimax theater, Museum Store, food services and parking services.
W-2G Compliance FORM 990, PART V, LINE 1C The Museum occasionally holds raffle at special events for which it has attempted, in good faith, to obtain social security numbers from the winners in order to issue a Form W-2G for those prizes that may require such reporting. For calendar year 2011, the Museum has begun this process and hopes to issue such forms by their due dates in 2012. In addition, the museum has instituted a policy that requires all information to be collected from prize winners prior to turning over the prizes to them so the Museum may comply with the requirements more easily.
Relationship between Board Members Form 990, Part VI, Line 2 MICHAEL J. BIRCK AND FREDERICK A. KREHBIEL BOTH SERVE ON A BOARD OUTSIDE OF THE MUSEUM. CHARLES K. BOBRINSKOY AND DAVID J. VITALE HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE MUSEUM. CHARLES K. BOBRINSKOY AND ERIC P. LEFKOFSKY BOTH SERVE ON A BOARD OUTSIDE OF THE MUSEUM. CHARLES K. BOBRINSKOY AND DAVID J. VITALE BOTH SERVE ON A BOARD OUTSIDE OF THE MUSEUM. FRANK M. CLARK AND JESSE H. RUIZ HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE MUSEUM. JAMES S. CROWN AND LESTER CROWN ARE MEMBERS OF THE SAME FAMILY. JAMES S. CROWN AND LESTER CROWN ARE OFFICERS AND EMPLOYEES OF THE SAME ORGANIZATION OUTSIDE OF THE MUSEUM. KENT P. DAUTEN, JOHN A. CANNING, AND LARRY D. RICHMAN ALL SERVE ON A BOARD OUTSIDE OF THE MUSEUM. KENT P. DAUTEN AND LARRY D. RICHMAN HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE MUSEUM. KENT P. DAUTEN AND JOHN A. CANNING HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE MUSEUM. DEBORAH L. DEHASS AND BETSY D. HOLDEN ARE MEMBERS OF THE SAME FAMILY. DAVID E. DONOVAN AND JAMES S. CROWN HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE MUSEUM. MICHAEL W. FERRO, JR., JEFFREY S. ARONIN, JOHN A. CANNING, WILLIAM J. DEVERS, JR., W. JAMES FARRELL, ANDREW J. MCKENNA, J. CHRISTOPHER REYES, MICHAEL J. SACKS, JOHN F. SANDER, MICHAEL TANG, AND MILES D. WHITE HAVE A BUINESS RELATIONSHIP OUTSIDE OF THE MUSEUM. MICHAEL W. FERRO, JR. AND ERIC P. LEFKOFSKY HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE MUSEUM. DAVID W. GRAINGER AND JAMES T. RYAN ARE BOTH OFFICERS AND EMPLOYEES OF AN ORGANIZATION DOING BUSINESS WITH THE MUSEUM. MICHAEL P. KRASNY, JAMES S. CROWN, AND LESTER CROWN HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE MUSEUM. MICHAEL P. KRASNY AND DEBORAH L. DEHAAS HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE MUSEUM. RICHARD H. LENNY AND JEFFREY S. ARONIN BOTH SERVE ON A BOARD OUTSIDE OF THE MUSEUM. RICHARD H. LENNY, DR WALTER E. MASSEY, ANDREW J. MCKENNA, SHEILA A. PENROSE, JAMES A. SKINNER, AND MILES D. WHITE ALL SERVE ON A BOARD OUTSIDE OF THE MUSEUM. ANDREW J. MCKENNA AND MICHAEL W. FERRO, JR. BOTH SERVE ON A BOARD OUTSIDE OF THE MUSEUM. ANDREW J. MCKENNA AND WILLIAM J. DEVERS, JR. BOTH SERVE ON A BOARD OUTSIDE OF THE MUSEUM. WILLIAM A. OSBORN, W. JAMES FARRELL, GLENN F. TILTON, AND MILES D. WHITE ALL SERVE ON A BOARD OUTSIDE OF THE MUSEUM. WILLIAM A. OSBORN AND BETSY D. HOLDEN BOTH SERVE ON A BOARD OUTSIDE OF THE MUSEUM. J. CHRISTOPHER REYES, MICHAEL W. FERRO, JR., AND ANDREW J. MCKENNA HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE MUSEUM. J. CHRISTOPHER REYES AND ANDREW J. MCKENNA HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE MUSEUM. JAMES T. RYAN AND DAVID W. GRAINGER BOTH SERVE ON A BOARD OUTSIDE OF THE MUSEUM. S. JAY STEWART AND RONALD J. GIDWITZ BOTH SERVE ON A BOARD OUTSIDE OF THE MUSUEUM. DAVID J. VITALE, W. JAMES FARRELL, JAMES J. O'CONNOR, JEFFREY A. SMISEK, AND GLENN F. TILTON ALL SERVE ON A BOARD OUTSIDE OF THE MUSEUM. GREGORY D. WASSON, WILLIAM C. FOOTE, ALEJANDRO SILVA AND JAMES A. SKINNER ALL HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE MUSEUM. GREGORY D. WASSON, WILLIAM C. FOOTE, ALEJANDRO SILVA, AND JAMES A. SKINNER ALL SERVE ON A BOARD OUTSIDE OF THE MUSEUM. MILES D. WHITE, W. JAMES FARRELL, EDWARD M. LIDDY, WILLIAM A. OSBORN, AND GLENN F. TILTON ALL SERVE ON A BOARD OUTSIDE THE MUSEUM. MILES D. WHITE AND MICHAEL W. FERRO, JR. HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE MUSEUM. THOMAS J. WILSON AND W. JAMES FARRELL BOTH SERVE ON A BOARD OUTSIDE OF THE MUSUMEM.
Form 990 Review Process Form 990, Part VI, Line 11b The Museum's 990 is prepared by an external public accounting firm, who provides drafts for internal review. After the internal review, these drafts are updated, and a final draft is reviewed by the Chairman of the Audit Committee and is made available to the trustees electronically for their review prior to filing with the IRS.
Conflict of Interest Policy Monitoring & Enforcement Form 990, Part VI, Line 12c ANNUALLY THE MUSEUM SENDS A CONFLICT OF INTEREST QUESTIONNAIRE TO ALL TRUSTEES, OFFICERS, AND CERTAIN MANAGEMENT EMPLOYEES. THE QUESTIONNAIRE ASKS SPECIFIC QUESTIONS RELATING TO BUSINESS TRANSACTIONS WITH THE MUSEUM AND BETWEEN OFFICERS, TRUSTEES AND MANAGEMENT EMPLOYEES. THE MUSEUM'S COMPLIANCE OFFICER AND INTERNAL AUDITOR REVIEW THE RESPONSES TO THE QUESTIONNAIRES AND INVESTIGATE ANY REPORTED POTENTIAL CONFLICTS OF INTEREST WHERE A TRUSTEE, OFFICER OR EMPLOYEE MAY HAVE A BUSINESS TRANSACTION WITH THE MUSEUM OR IS A MEMBER OF A BOARD COMMITTEE RESPONSIBLE FOR APPROVING THE BUSINESS TRANSACTION. IN THOSE INSTANCES, THE TRUSTEE, OFFICER OR MANAGEMENT EMPLOYEE IS ASKED TO RECUSE THEMSELVES FROM PARTICIPATING IN ANY DISCUSSION OF OR VOTING UPON MATTERS RELATED TO THE BUSINESS TRANSACTION.
Process for Determining Compensation Form 990, Part VI, Line 15a THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OVERSEES AND APPROVES THE COMPENSATION FOR THE EXECUTIVE STAFF AND OFFICERS OF THE MUSEUM. INDIVIDUAL PERFORMANCE IS EVALUATED BY ESTABLISHED GOALS AND OBJECTIVES WHICH SUPPORT MSI'S MISSION. THESE GOALS AND OBJECTIVES ARE REVIEWED ANNUALLY AS PART OF THE MUSEUM'S PERFORMANCE MANAGEMENT PROCESS. THE PROCESS CONSISTS OF: 1. THE HUMAN RESOURCES DEPARTMENT OBTAINS AND REVIEWS BENCHMARKED DATA TO ENSURE COMPENSATION FOR EXECUTIVE STAFF AND OFFICERS REMAINS COMPETITIVE WITHIN THE INDUSTRY. AS NEEDED, A THIRD PARTY CONSULTANT MAY BE ENGAGED TO COMPLETE AN EXECUTIVE REMUNERATION STUDY. A DETAILED ANALYSIS IS REVIEWED BY THE DIRECTOR OF HUMAN RESOURCES, THE CFO AND CEO OF THE MUSEUM AND A RECOMMENDATION IS PREPARED FOR THE COMPENSATION COMMITTEE. 2. THE COMPENSATION COMMITTEE REVIEWS THE RECOMMENDED COMPENSATION FOR EXECUTIVE STAFF AND OFFICERS AND SUGGESTS MODIFICATIONS WHERE APPROPRIATE. 3. THE PROCESS AND DETERMINATIONS ARE CONTEMPORANEOUSLY DOCUMENTED. DUE TO THE ECONOMIC ENVIRONMENT AND THE REDUCTION OF SALARIES, THE PROCESS WAS LAST EVALUATED IN FEBRUARY 2009.
Forms available for Public Inspection Form 990, Part VI- Section C, Line 18 The museum posted a copy of 2010 form 990 in its website and made copies of 2008, 2009, 2010 form 990 and 990T publicly available upon request. As the museum filed the application for recognition of exemption, form 1023 before July 15, 1987, it need not be made publicly available.
Statements available to the public Form 990, Part VI- Section C, Line 19 The museum's financial statements, annual reports, bylaws, article of incorporation, certificate of incorporation, code of conduct, conflict of interest, prior year form 990 copy are posted in the museum's website and also available upon request
Restatement of audited financial statement Form 990, part X, balance sheet, column(A), beginning of year Subsequent to the issuance of the Museum's 2010 financial statements, management determined that there were net assets that were not appropriately released from restrictions for certain programs when expenses were incurred in prior years, resulting in a misclassification between temporarily restricted and unrestricted net assets. Consequently, certain amounts have been restated at January 1, 2010, and for the year ended December 31, 2010.
other changes in net assets Form 990, Part XI, Line 5 Net Unrealized gains(losses) on investment $7,408,542 Donated Services & Use of Facilities $309,540 ----------- Total $7,718,082
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2011

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