Form990
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Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
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OMB No. 1545-0047
2019
Open to Public Inspection
A For the 2019 calendar year, or tax year beginning 07-01-2019 , and ending 06-30-2020
BCheck if applicable:
CName of organization
MUSEUM OF CONTEMPORARY ART
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
220 EAST CHICAGO AVENUE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60611
D Employer identification number

36-6154098
E Telephone number

G Gross receipts $ 48,155,085
F Name and address of principal officer:
MADELEINE GRYNSZTEJN
220 EAST CHICAGO AVENUE
CHICAGO,IL60611
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.MCACHICAGO.ORG
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1964
M State of legal domicile: IL
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: ENHANCE APPRECIATION OF CONTEMPORARY ART THROUGH EDUCATION, PROGRAMMING AND EXHIBITIONS.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 71
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 70
5 Total number of individuals employed in calendar year 2019 (Part V, line 2a) ...... 5 386
6 Total number of volunteers (estimate if necessary) ............. 6 226
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 16,615
b Net unrelated business taxable income from Form 990-T, line 39 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 20,005,581 12,267,926
9 Program service revenue (Part VIII, line 2g) ......... 1,542,601 1,281,596
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 330,945 -531,531
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 476,693 2,167,588
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 22,355,820 15,185,579
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 0 0
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) 9,946,944 9,865,696
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet1,352,568    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 13,852,805 14,328,744
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 23,799,749 24,194,440
19 Revenue less expenses. Subtract line 18 from line 12....... -1,443,929 -9,008,861
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 207,854,477 199,455,132
21 Total liabilities (Part X, line 26)............. 36,394,491 38,296,803
22 Net assets or fund balances. Subtract line 21 from line 20..... 171,459,986 161,158,329
Part II
Signature Block
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Firm's name MediumBullet

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Cat. No. 11282Y Form 990 (2019)
Form 990 (2019)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: THE MCA IS AN INNOVATIVE AND COMPELLING CENTER OF CONTEMPORARY ART WHERE THE PUBLIC CAN DIRECTLY EXPERIENCE THE WORK AND IDEAS OF LIVING ARTISTS, AND UNDERSTAND THE HISTORICAL, SOCIAL AND CULTURAL CONTEXT OF THE ART OF OUR TIME. THE MUSEUM BOLDLY INTERWEAVES EXHIBITIONS, PERFORMANCES, COLLECTIONS, AND EDUCATIONAL PROGRAMS TO EXCITE, CHALLENGE, AND ILLUMINATE OUR VISITORS AND TO PROVIDE INSIGHT INTO THE CREATIVE PROCESS. THE MCA ASPIRES TO ENGAGE A BROAD AND DIVERSE AUDIENCE, CREATE A SENSE OF COMMUNITY AND BE A PLACE FOR CONTEMPLATION, STIMULATION, AND DISCUSSION ABOUT CONTEMPORARY ART AND CULTURE.
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 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 $ 12,555,884 including grants of $   ) (Revenue $ 1,218,214 )
EXHIBITIONS:1. VIRGIL ABLOH: "FIGURES OF SPEECH" (JUNE 10-SEPTEMBER 29, 2019)IN SUMMER 2019, THE MCA PRESENTED THE FIRST MUSEUM EXHIBITION DEVOTED TO THE WORK OF GENRE-BENDING ARTIST AND DESIGNER VIRGIL ABLOH (AMERICAN, B. 1980). ABLOH PIONEERS A PRACTICE THAT CUTS ACROSS MEDIA AND CONNECTS VISUAL ARTISTS, MUSICIANS, GRAPHIC DESIGNERS, FASHION DESIGNERS, AND ARCHITECTS. THE EXHIBITION FEATURED HIS SIGNATURE FASHION PRESENTED IN MANNEQUIN DISPLAYS, AS WELL AS HIS WORK IN FURNITURE DESIGN, ARCHITECTURAL INTERVENTIONS, AND COLLABORATIVE PROJECTS WITH OTHER DESIGNERS AND ARTISTS. THIS WAS THE THIRD-HIGHEST ATTENDED EXHIBITION IN MCA HISTORY.2. DIRECT MESSAGE: ART, LANGUAGE, AND POWER (OCTOBER 26, 2019-JANUARY 26, 2020)DIRECT MESSAGE LOOKED AT THE WAYS ARTISTS SINCE THE 1960S HAVE USED WORDS TO CHALLENGE OUR IDEAS ABOUT ALL OF THE MESSAGES WE READ, WRITE, HEAR AND SPEAK DAILY. IN THIS INNOVATIVE COLLECTION-BASED EXHIBITION, ARTISTS REMIXED CONVENTIONAL MODES OF COMMUNICATION, CHALLENGING THE AUDIENCE'S PERCEPTIONS OF LANGUAGE AND, BY EXTENSION, POWER. THE EXHIBITION CONSISTED OF FOUR SECTIONS OF WORKS THAT REDEFINED HOW WE UNDERSTAND COMMUNICATION: REMOVE, REVIEW, REFRAME, AND RECODE. SEVERAL PUBLIC PROGRAMS ACCOMPANIED DIRECT MESSAGE, INCLUDING A TALK CALLED "ARTISTS AND ECONOMIES," WHICH FEATURED A PANEL DISCUSSING HOW THE PHILANTHROPIC AND COMMERCIAL SIDES OF THE ART WORLD OPERATE IN WAYS BOTH VISIBLE AND INVISIBLE. 3. DURO OLOWU: SEEING CHICAGO (FEBRUARY 29-SEPTEMBER 13, 2020)THIS EXHIBITION FEATURED GUEST CURATION BY DURO OLOWU, A NIGERIAN-BORN BRITISH DESIGNER, WHO TURNED HIS COSMOPOLITAN EYE TO THE CITY OF CHICAGO AND THE ROLE THAT IT HAS PLAYED IN REDEFINING THE ART HISTORICAL CANON. DRAWING FROM THE CITY'S PUBLIC AND PRIVATE ART COLLECTIONS, OLOWU CURATED A SHOW THAT REIMAGINED RELATIONSHIPS BETWEEN ARTIST AND OBJECTS ACROSS TIME, MEDIA, AND GEOGRAPHY. MOVING AWAY FROM TRADITIONAL EXHIBITION FORMATS, OLOWU COMBINED PHOTOGRAPHS, PAINTINGS, SCULPTURES, AND FILMS IN DENSE AND TEXTURAL SCENES THAT INCORPORATED HIS OWN WORK. FOLLOWING THE CLOSURE OF THE MCA IN MARCH, THE MUSEUM CREATED A VIRTUAL GALLERY EXPERIENCE FOR THIS EXHIBITION, WHICH INCLUDED AUDIO RECORDED BY OLOWU. THIS VIRTUAL TOUR WAS PRAISED BY THE CHICAGO TRIBUNE FOR BEING A "RICH, LAYERED EXPERIENCE." 4. MIKA ROTTENBERG: EASYPIECES (OCTOBER 2, 2019-MARCH 8, 2020)AS PART OF THE ASCENDANT ARTIST SERIES, WHICH IS FOCUSED ON GIVING ESTABLISHED ARTISTS THEIR FIRST SOLO MUSEUM EXHIBITION, THE MCA FEATURED MIKA ROTTENBERG: EASYPIECES (OCTOBER 2, 2019-MARCH 8, 2020). USING ABSURDIST SATIRE TO ADDRESS CRITICAL ISSUES OF OUR TIME, MIKA ROTTENBERG (ARGENTINIAN, B. 1976) OFFERS SUBVERSIVE ALLEGORIES FOR CONTEMPORARY LIFE. THIS EXHIBITION TRACED CENTRAL THEMES IN THE ARTIST'S OEUVRE, SUCH AS LABOR, TECHNOLOGY, AND THE INTERCONNECTEDNESS OF THE MECHANICAL AND THE BODILY. THE EXHIBITION FEATURED SEVERAL OF ROTTENBERG'S MOST RECENT PROJECTS, INCLUDING HER VIDEO INSTALLATION SPAGHETTI BLOCKCHAIN (2019), WHICH EXPLORES ANCIENT AND CONTEMPORARY IDEAS ABOUT MATERIALISM. THIS EXHIBITION WAS ORGANIZED BY THE NEW MUSEUM IN NEW YORK. 5. CHICAGO WORKS: ASSAF EVRON (JULY 23, 2019-MARCH 1, 2020)AS PART OF OUR CHICAGO WORKS SERIES, THE MCA FEATURED THE WORK OF ASSAF EVRON (ISRAELI, B. 1977), WHICH WAS THE ARTISTS' FIRST US MUSEUM EXHIBITION AND RAN CONCURRENTLY WITH THE CHICAGO ARCHITECTURE BIENNIAL. THE EXHIBITION FEATURED NEW WORKS BY EVRON THAT DWELL AT THE INTERSECTION OF ARCHITECTURE, ORNAMENTATION, PLACE, AND IMAGE. SEVERAL OF THE WORKS WERE BASED ON EVRON'S PHOTOGRAPHS OF STRUCTURES AND SPACES IN BOTH ISRAEL AND CHICAGO THAT FEATURE THE MEANDER, A UBIQUITOUS DECORATIVE MOTIF DERIVED FROM THE NATURAL CURES OF RIVERS AND STREAMS. THESE WORKS INVITED THE VIEWER TO COMPARE THE HISTORIC AND CONTINUED SIGNIFICANCE OF DECORATIVE SURFACES THAT MEANDER AND MEET AS IMAGES ACROSS THE WORLD, ACCRUING NEW SIGNIFICANCE IN EACH ENCOUNTER. 6. CAN YOU HEAR ME NOW? (APRIL 27-SEPTEMBER 29, 2019)DRAWN LARGELY FROM THE MCA COLLECTION, THE WORKS IN CAN YOU HEAR ME NOW? DEALT WITH BREAKDOWNS IN COMMUNICATION AND OUR INABILITY TO HEAR EACH OTHER IN POLARIZED POLITICAL CLIMATES. THE EXHIBITION ASKED THE VIEWER TO CONSIDER THE PROLIFERATION OF SOUND: WHICH MESSAGES MERIT AMPLIFICATION, AND WHICH ARE UNDULY STIFLED? THE ARTISTS IN CAN YOU HEAR ME NOW? EXPLORE THE INDIVIDUAL'S STRUGGLE TO COMMUNICATE ON LEVELS RANGING FROM THE PERSONAL TO THE GOVERNMENTAL, ADDRESSING WHICH VOICES ARE SUPPORTED OR SILENCED. THE EXHIBITION SURVEYED A WORLD IN WHICH WE ARE UNABLE TO ENGAGE IN MEANINGFUL CONVERSATIONS WITHOUT SUCCUMBING TO POLITICAL APATHY.7. FRAGMENTS OF A CRUCIFIXION (MAY 25-NOVEMBER 3, 2019)ARTISTS HAVE USED THE CRUCIFIXION OF CHRIST AS A POWERFUL SYMBOL TO ADDRESS SUFFERING AND REDEMPTION IN THE HISTORY OF RACIAL VIOLENCE IN THE UNITED STATES. FRAGMENTS OF A CRUCIFIXION EXPLORED THE CONTINUING RELEVANCE OF THE CRUCIFIXION, EVEN AS OUR SOCIETY BECOMES INCREASINGLY DIVERSE IN ITS RELIGIOUS BELIEFS. RATHER THAN DEPICT THE IMAGE OF THE CRUCIFIXION ITSELF, ARTWORKS IN THIS EXHIBITION OFFERED ONLY FRAGMENTS - INCOMPLETE IMAGES AND NARRATIVES. THESE WORKS INVOKE AGONY AND ECSTASY THROUGH BODILY TRACES AND SCENES OF ABSENCE AND LOSS. FEATURING WORKS IN THE MCA COLLECTION, THIS SHOW WAS DEDICATED TO THE SPIRITUAL IN ART, AND TO ART'S CAPACITY TO EVOKE LIFE AND LOVE IN THE FACE OF BRUTALITY.8. THE SHAPE OF THE FUTURE (OCTOBER 19, 2019-AUGUST 16, 2020)THE SHAPE OF THE FUTURE FEATURED WORKS FROM THE MCA PERMANENT COLLECTION THAT RECKON WITH THE DUBIOUS DREAM OF A UNIVERSAL DESIGN LANGUAGE. COINCIDING WITH THE 2019 CHICAGO ARCHITECTURE BIENNIAL, THE EXHIBITION EXPLORED GLOBAL MODERNISM AS A FRAMEWORK FOR UTOPIA AND SPECULATIVE WORLD MAKING, MARKED BY TRACES OF LABOR, POLITICAL FANTASY, AND CULTURAL TURMOIL. HIGHLIGHTING THE HISTORIES AND IDEOLOGIES EMBEDDED IN THE BUILT ENVIRONMENT, THESE ARTISTS REVEAL THE COMPLEXITY - AND AT TIMES ABSURDITY - OF THE MODERNIST PROJECT AS A COLLECTION OF DISASTERS AND REVERIES.9. ROUTES AND TERRITORIES (NOVEMBER 2, 2019-MARCH 13, 2020)AN MCA COLLECTION-BASED SHOW, THIS EXHIBITION BROUGHT TOGETHER THREE WORKS THAT ADDRESS HUMAN MIGRATION BY FOCUSING ON LATIN AMERICA, WHERE COLONIALISM AND THE FORCED MOVEMENT OF ENTIRE CULTURES HAVE DEEPLY AFFECTED COMMUNITIES. PANORAMA CATATUMBO (2012-16) BY NOEM PREZ, GUAMN 1 (2016-17) BY ANDRS PEREIRA PAZ, AND LAS COSAS VIVIDAS ANTES DE NACER (THE LIVED THINGS BEFORE BEING BORN) (2017) BY NO MARTINEZ ALL EXPLORED THE WAYS THAT LAND RETAINS HISTORY AND MEMORY, AND CULTURES FORGE NEW ROUTES ACROSS BOUNDARIES. 10. BECOMING THE BREEZE: ALEX CHITTY WITH ALEXANDER CALDER (NOVEMBER 16, 2019-MARCH 14, 2020)FOR THIS EXHIBITION, WE INVITED CHICAGO-BASED ARTIST ALEX CHITTY TO INTERJECT IN THE DISPLAY OF ALEXANDER CALDER'S WORK. CHITTY PROPOSED A REFRAMING FOR HOW WE LOOK, THINK, AND INTERACT IN BOTH MUSEUMS AND THE WORLD AT LARGE. IN THE EXHIBITION, CHITTY CHALLENGED THE CONVENTIONS OF MUSEUM DISPLAY BY DIRECTLY ENGAGING WITH CALDER'S MODERN ARTWORKS. WORKING IN CLOSE COLLABORATION WITH THE MUSEUM STAFF TO PRODUCE THIS EXHIBITION, CHITTY'S INTERJECTIONS EVOKED THE SAME PLAYFUL SPIRIT THE MODERNIST SCULPTOR BROUGHT TO HIS OWN PRACTICE. MUCH LIKE THE BREEZES THAT ACTIVATE CALDER'S MOBILES, THE VISIBLE AND INVISIBLE FORCES THAT DRIVE EXHIBITIONS - HOW ARTWORKS ARE STORED, WHO CHOOSES THEM, AND MORE - WERE REVEALED IN WAYS THAT ALLOW US TO SEE CALDER'S WORK ANEW.11. WATER AFTER ALL (DECEMBER 14, 2019-MARCH 13, 2020)THIS EXHIBITION REVEALED A GLIMPSE OF THE MANY CONNECTIONS BETWEEN HUMANS AND WATER. PRIMARILY FEATURING WORKS FROM THE MCA COLLECTION, WATER AFTER ALL IS CENTERED AROUND THE MCA'S RECENT ACQUISITION OF GHANA-BORN BRITISH FILMMAKER JOHN AKOMFRAH'S VIDEO VERTIGO SEA. PRESENTED IN A SPELLBINDING, THREE-SCREEN INSTALLATION, AKOMFRAH USES ARCHIVAL IMAGES, NATURE CINEMATOGRAPHY, AND STAGED RECREATIONS; CROSSING TIME AND SPACE TO REVEAL THE POETIC AWE AND HORROR OF HUMANITY'S RELATIONSHIP WITH WATER. THE ARTWORKS SURROUNDING VERTIGO SEA EXPAND THE EXHIBITION'S THEMATIC FOCUS, DIVING DEEPER INTO OUR RELIANCE ON, EXPLOITATION OF, AND CONTACT WITH OUR PRECIOUS ENVIRONMENT, INCLUDING WORKS BY CATHERINE OPIE, GUILLERMO GALINDO, JOHN GERRARD, ALFREDO JAAR, WILLIAM KENTRIDGE, AND OTHERS.
4b (Code:   ) (Expenses $ 2,116,913 including grants of $   ) (Revenue $ 63,382 )
THE MCA'S PERFORMANCE AND PUBLIC PRACTICE DEPARTMENT IS RESPONSIBLE FOR THE MUSEUM'S PERFORMANCE, PUBLIC PRACTICE, AND PARTNERSHIP PROGRAMS. THE PERFORMANCE PROGRAM INCLUDES WORKS BY LOCAL ARTISTS AND THOSE TOURING NATIONALLY AND INTERNATIONALLY IN DANCE, THEATER, AND MUSIC IN THE MUSEUM'S 300-SEAT THEATER AND THROUGHOUT THE CAMPUS. THE PUBLIC PRACTICE PROGRAM INCLUDES ONGOING LIVE SERIES: IN PROGRESS, THE DIALOGUE SERIES, SOUNDTRACK, MCA TALKS, AND TUESDAYS ON THE TERRACE. THE PARTNERSHIPS PROGRAM HOLDS ONGOING RELATIONSHIPS WITH ORGANIZATIONS THROUGHOUT THE CITY THAT ARE CREATIVELY-LED AND CIVICALLY-CENTERED AND WHO CO-ORGANIZE WITH THE MUSEUM COLLABORATIVE CREATIVE EXPERIENCES. IN FISCAL YEAR 2020, THE DEPARTMENT PRESENTED 113 PROGRAMS. IN MARCH 2020, COVID-19 REQUIRED THE MUSEUM TO CANCEL, POSTPONE, OR TRANSITION ITS EVENTS TO DIGITAL PLATFORMS. THIS GREATLY REDUCED THE NUMBER OF EVENTS WE WERE ABLE TO PROVIDE AND HOW MANY AUDIENCE MEMBERS WE WERE ABLE TO WELCOME ON SITE. SIMULTANEOUSLY, THE PANDEMIC OFFERED NEW OPPORTUNITIES FOR THE DEPARTMENT TO EXPAND ITS AUDIENCES IN THE DIGITAL REALM, ALLOWING PEOPLE TO ACCESS ITS OFFERINGS, UNHINDERED BY PHYSICAL PROXIMITY. THE DIALOGUE SERIES IS A MUSEUM-WIDE COMMITMENT TO SUSTAINED INQUIRY ABOUT MUSEUM PRACTICE, ACCESS, AND INCLUSION. EACH ANNUAL SERIES INCLUDES EMINENT SPEAKERS PRESENTING INNOVATIVE WORK HAPPENING ACROSS DISCIPLINES, PANEL DISCUSSIONS, AND OPPORTUNITIES FOR OPEN DIALOGUE BETWEEN LOCAL ARTS PROFESSIONALS AND AUDIENCES. EACH YEAR THE SERIES IS CENTERED ON A THEME. FOR FISCAL YEAR 2020, THE SERIES INVESTIGATED IDEAS OF INHERITANCE - THE RICHES, DEBTS, AND CULTURAL REALITIES WE INHERIT AS SOCIAL BEINGS. PARTICIPATING SPEAKERS IN THIS YEAR'S SERIES INCLUDED FASHION DESIGNER KERBY JEAN-RAYMOND, JOURNALIST BRITT JULIOUS, SICANGU LAKOTA RAPPER FRANK WALN, COMEDIAN AND FILMMAKER KIRAN DEOL, VISUAL ARTISTS KENYATTA A.C. HINKLE, JORDAN NASSAR, WILLAM POPE L., AND JENNY KENDLER, AND SCHOLAR RACHEL HAVRELOCK. SUBJECT MATTER ACROSS THE FOUR EVENTS COMPRISING THIS SERIES INCLUDED GENERATIONAL INEQUALITY AND THE ENVIRONMENT; MIGRATION; HISTORICAL TRAUMA; AND CREATIVE LEGACIES. IN RESPONSE TO COVID-19, PART OF THIS YEAR'S SERIES WAS HELD DIGITALLY USING ZOOM. THE 2020 DIALOGUES SERIES WAS ATTENDED BY OVER 849 AUDIENCE MEMBERS. IN PROGRESS IS A SERIES DESIGNED TO GIVE ARTISTS, THINKERS, AND CURATORS A PLATFORM FOR DEVELOPING NEW WORKS, AND TO GIVE PATRONS A GLIMPSE INTO THE CREATIVE PROCESS. NOTABLE IN PROGRESS PRESENTATIONS FROM FISCAL YEAR 2020 INCLUDED CHOREOGRAPHER ROBYN MINEKO WILLIAMS, PLAYWRIGHT DEREK MCPHATTER, PERFORMANCE ARTIST EMILIO ROJAS, COMPOSER AND CLARINETIST ANGEL BAT DAWID, AND LAND ARTIST SANTIAGO X. IN RESPONSE TO COVID 19 RESTRICTIONS, SEVERAL PLANNED IN PROGRESS PERFORMANCES WERE EXPANDED INTO THE DIGITAL SPACE USING INSTAGRAM. IN FISCAL YEAR 2020, THE MUSEUM PRESENTED 9 IN PROGRESS EVENTS TO ROUGHLY 783 AUDIENCE MEMBERS. MCA TALKS HIGHLIGHT CUTTING-EDGE THINKING AND CONTEMPORARY ART PRACTICES ACROSS DISCIPLINES. FISCAL YEAR 2020 INCLUDED SEVERAL NOTABLE PROGRAMS: PHOTOGRAPHY LYNN GOLDSMITH SPOKE WITH MUSICIAN PATTI SMITH IN CELEBRATION OF THEIR LATEST BOOK COMBINING GOLDSMITH'S PHOTOGRAPHY AND SMITH'S POETRY; ARTIST JAMAL CYRUS SPOKE WITH ACTIVIST BRANDI COLLINS-DEXTER AND NUSRAT CHOUDHURY, DEPUTY DIRECTOR OF THE ACLU RACIAL JUSTICE PROGRAM ON THE IMPLICATIONS OF SURVEILLANCE IN BLACK ACTIVISM; DIRECTOR OF THE MUSEUM OF FINE ARTS HOUSTON, GARY TINTEROW SPOKE WITH ANGELIQUE POWER ABOUT INCLUSIVE MUSEUMS; AND ARTIST EDGAR ARCENEAUX SPOKE WITH MUSEUM DIRECTOR AMY SADAO AND DEANA HAGGAG OF UNITED STATES ARTISTS ON THE ECONOMIC REALITIES FACING PROFESSIONAL ARTISTS. MANY TALKS IN THE SPRING OF 2020 MOVED ONLINE DUE TO COVID 19. IN FISCAL YEAR 2020, THE MUSEUM PRESENTED 13 TALKS, ATTENDED BY 5,346 AUDIENCE MEMBERS. IN SOUNDTRACK, CONTEMPORARY SOUND-BASED ARTISTS TRANSFORM THE MCA ON FRIDAY NIGHTS WITH CUSTOM SOUNDTRACKS REFLECTING THEIR PERSPECTIVE OF WORKS ON VIEW IN THE MUSEUM. DJ SETS AND BANDS OCCUPY SPACES IN THE MUSEUM, SETTING THE MOOD FOR GALLERY EXPERIENCES. IN 2020, SEVERAL SOUNDTRACK PROGRAMS SHIFTED ONLINE IN LIGHT OF COVID 19. AUDIO FROM THOSE DIGITAL EVENTS IS NOW AVAILABLE ONLINE WITH COMPLETE SETLIST INFORMATION. NOTABLE PERFORMANCES FROM THIS YEAR INCLUDE LATIN AND AFRICAN INSPIRED DJ DUO PARLANT PARLANT, INTERDISCIPLINARY ARTIST JARED BROWN, SYNTH-POP TRIO PIXEL GRIP, MULTI-INSTRUMENTALIST DUO MAEVE & QUINN, AND DJ AND RADIO HOST AYANA CONTRERAS. IN FISCAL YEAR 2020, THE MUSEUM PRESENTED 6 SOUNDTRACK EVENTS, THREE OF WHICH WERE VIRTUAL. TUESDAYS ON THE TERRACE IS THE MCA'S SUMMER JAZZ SERIES CELEBRATING CHICAGO'S ROBUST MUSIC SCENE. THIS YEAR, DUE TO COVID 19 RESTRICTIONS, CONCERTS WERE PRE-RECORDED AT THE MCA AND STREAMED WEEKLY ON FACEBOOK LIVE. THE PROGRAM WAS HOSTED BY AL CARTER-BEY OF WDCB 90.9 FM, WITH RICHTON GUY THOMAS, FROM WHPK 88.5 FM. NOTABLE PERFORMANCES INCLUDED SAXOPHONIST SHAREL CASSITY, VOCALIST MORGAN PIRTLE, ISAIAH COLLIER AND THE CHOSEN FEW, AND SAM TRUMP & ACOUSTIC AUDILE. NEW PARTNERSHIPS WERE FORGED TO CO-PRESENT SPECIAL PERFORMANCES OF THE NATHAN RODRIGUEZ QUINTET WITH THE SEGUNDO RUIZ BELVIZ CULTURAL CENTER AND CHICAGO GREAT BLACK MUSIC ENSEMBLE WITH THE RENOWNED ASSOCIATION FOR ADVANCEMENT OF CREATIVE MUSICIANS. IN FISCAL YEAR 2020, 13 ARTISTS WERE PRESENTED AS A PART OF THE TUESDAYS ON THE TERRACE SERIES TO 19,649 AUDIENCE MEMBERS, A NUMBER THAT FAR EXCEEDS OUR USUAL ON-SITE CAPACITY LIMIT. MCA PERFORMANCE PRESENTS CUTTING-EDGE DANCE, THEATER, AND MUSIC FROM CHICAGO, NATIONALLY, AND ABROAD IN ORDER TO PUSH THE BOUNDARIES OF CONTEMPORARY PERFORMANCE. IN ITS 2019-2020 SEASON, THE MCA STAGE FEATURED 18 ARTISTS/GROUPS IN 24 PERFORMANCES. MCA STAGE PERFORMANCES SAW 2,822 ATTENDEES IN THE FISCAL YEAR 2020. BELOW ARE SEVERAL EXAMPLES OF MCA STAGE PROJECTS FROM FISCAL YEAR 2020. 1. DAHLAK BRATHWAITE, TRY/STEP/TRIPAUGUST 14, 2019A CHORUS OF STEP DANCERS DIRECTED BY BAY AREA THEATER ARTIST ROBERTA UNO PERFORMED WRITER AND POET DAHLAK BRATHWAITE'S PERSONAL JOURNEY THROUGH THE CRIMINAL JUSTICE SYSTEM IN THIS WORK-IN-PROGRESS PERFORMANCE OF TRY/STEP/TRIP. IN THIS RESONANT MUSIC AND THEATER EXPERIENCE, THE RITUAL OF BLACK FRATERNITY STEP DANCE PARALLELS THE EFFORT TO BE RECOGNIZED FOR WHO YOU ARE WHEN SOCIETY SEES A CRIMINAL, WITH THE CYCLES OF FREEDOM AND SUBJUGATION IN BLACK AMERICAN MUSIC AS A STARTING PLACE. BRATHWAITE AND UNO PARTICIPATED IN A POST-SHOW TALK AFTER THE PERFORMANCE WITH ROGER BONAIR-AGARD, POET AND PROGRAM DIRECTOR OF MCA COMMUNITY PARTNER ORGANIZATION, FREE WRITE ARTS & LITERACY, ALONG WITH CHICAGO PLAYWRIGHT AND POET KRISTIANA RAE COLN. ADDITIONALLY, BRATHWAITE HELD A WORKSHOP WITH ILLINOIS YOUTH CENTERS TITLED THIS IS HOW WE ADAPT AS A PART OF HIS WEEKLONG CREATIVE DEVELOPMENT RESIDENCY SUPPORTED BY THE MCA'S NEW WORKS INITIATIVE. USING TEXT FROM TRY/STEP/TRIP AS A MODEL, PARTICIPANTS WERE ENCOURAGED TO REIMAGINE THEIR PERSONAL TRAUMA USING FICTIONAL CHARACTERS AND SELF-DIRECTED HUMOR TOWARD THE GOAL OF DEALING WITH THE SHAME AND CONFUSION RESULTING FROM TRAUMA. 2. SPLIT-BILL: THURMAN BARKER AND BEN LAMAR GAYAUGUST 30, 2019TWO GENERATIONS OF CHICAGO-BORN COMPOSERS SHARED AN EVENING TO HONOR THE HISTORY AND FUTURE OF MUSIC EXPERIMENTATION IN THE CITY. DURING THE WEEKEND OF THE CHICAGO JAZZ FESTIVAL, SEASONED PERCUSSIONIST THURMAN BARKER PAID HOMAGE TO HIS EARLY DAYS IN THE CITY'S JAZZ SCENE WITH SOUTH SIDE SUITE AND CORNETIST BEN LAMAR GAY EXPLORED THE SHAPES AND SOUNDS OF CHICAGO SOCIAL DANCES IN HECKY NAW! ANGLES!, GIVING AUDIENCES A TASTE OF HIS NEW DANCE AND VIDEO COLLABORATION BEING DEVELOPED ON THE MCA STAGE WITH FUNDING SUPPORT FROM THE MCA'S NEW WORKS INITIATIVE.3. THE STOREFRONT PROJECTSEPTEMBER 14-22, 2019FOR THE STOREFRONT PROJECT, THE MCA COLLABORATED WITH CHICAGO'S PROP THEATER IN CELEBRATION OF THE CITY'S LONG TRADITION OF STOREFRONT, UNDERGROUND, AND DEVISED THEATER. SIX CHICAGO-BASED DIRECTORS WERE ASKED TO DEVISE A NEW WORK, TAILOR-MADE TO FIT SPACES IN BOTH THE MCA CHICAGO AND THE PROP THEATER. DIRECTORS DADO GYURE, LUCKY STIFF, DENISE YVETTE SERNA, COYA PAZ, SYDNEY CHATMAN, AND MIKAEL BURKE WITH APRIL CLEVELAND DEMONSTRATED CHICAGO THEATER'S UNCANNY ABILITY TO POP UP ANYWHERE AND BRING THEIR PERFORMANCES TO BOTH SPACES ON ALTERNATING WEEKENDS. BEHIND-THE-SCENES FOOTAGE OF THEIR REHEARSAL PROCESS AT EACH VENUE WAS ON VIEW DURING EACH PERFORMANCE TO GIVE YOU A PEEK INTO THE INS AND OUTS OF DEVISED THEATER.
4c (Code:   ) (Expenses $ 1,595,152 including grants of $   ) (Revenue $ 0 )
LEARNING AND PUBLIC PROGRAMS:THE MCA IS CHICAGO'S ONLY MUSEUM DEDICATED TO THE ART OF OUR TIMES. AS AN INTEGRAL COMPONENT OF THE MUSEUM'S MISSION, THE MCA OFFERED A FULL RANGE OF EDUCATIONAL PROGRAMS FOR ITS VARIOUS AUDIENCES INCLUDING STUDENTS, FAMILIES, ADULTS, TEACHERS, AND TEENS. LEARNING PROGRAMS CONTINUE TO SERVE A DIVERSE POOL OF CHICAGO PUBLIC SCHOOLS STUDENTS AND TEACHERS, AND ARE PROVIDED TO ALL ILLINOIS SCHOOL AUDIENCES ON A COMPLIMENTARY BASIS TO FACILITATE ACCESS AND ENCOURAGE BROAD PARTICIPATION. THE MCA CONTINUED ITS SUCCESSFUL SCHOOL TOUR PROGRAMS FOR STUDENTS IN GRADES 1-12. THESE TOURS, ALL LED BY PRACTICING ARTISTS, CONTINUE TO BE THE CORNERSTONE OF OUR EDUCATIONAL PROGRAMS AND PROVIDE THE BROADEST EXPOSURE TO CONTEMPORARY ART FOR STUDENTS IN GRADES 1-12. THE MCA'S PROGRAM FOR 15-19 YEAR OLDS, TEEN CREATIVE AGENCY (TCA) WHICH IS GUIDED BY TWO LOCAL ARTISTS WHO FACILITATED THE WEEKLY SESSIONS, TCA MEMBERS LED IN-GALLERY ACTIVITIES, TOOK TRIPS TO CULTURAL ORGANIZATIONS, CHICAGO NEIGHBORHOODS AND ARTIST STUDIOS, AND WORKED ALONGSIDE MCA STAFF AND ARTISTS ON PROJECTS. FROM ITS ORIGINS AS A WEEK-LONG SUMMER EXPERIENCE, THE MCA TEACHER INSTITUTE HAS EVOLVED INTO A YEAR-LONG IMMERSIVE AND INTENSIVE PROFESSIONAL DEVELOPMENT PROGRAM FOR TEACHERS. DURING THIS YEAR'S INSTITUTE, TEACHERS USED CONTEMPORARY ART AND MCA RESOURCES TO EXPLORE THEIR TEACHING PRACTICE, EXPERIMENT WITH CURRICULUM, AND COLLABORATE WITH OTHER TEACHERS. FAMILY DAY PROGRAMMING CONTINUES FOR FAMILIES WITH CHILDREN UNDER THE AGE OF 12 RECEIVED COMPLIMENTARY ADMISSION ON THE SECOND SATURDAY OF EACH MONTH, NOVEMBER - MAY. AS PART OF OUR WIDE-RANGING EDUCATION PROGRAMS, THE MCA PRESENTED A DIVERSE RANGE OF PUBLIC PROGRAMS INCLUDING CONVERSATIONS, LECTURES, AND PANELS THAT EXPLORE THE VISUAL AND INTELLECTUAL COMPLEXITIES OF CONTEMPORARY ART AND DESIGN AND THEIR CONNECTION TO CULTURE AND HISTORY.
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet16,267,949
Form 990 (2019)
Form 990 (2019)
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 (see instructions)? 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 I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........
4
 
No
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
 
No
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 IIIClick to see attachment..............
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; 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 V......
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, line 10? 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 VIIClick 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 VIIIClick 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 IXClick 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 XClick 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 XClick 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 and XIIClick 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 and XII 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, Parts I and IV.........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 other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....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 other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...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 I(see instructions) ....Click to see attachment
17
 
No
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 hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....
21
 
No
Form 990 (2019)
Form 990 (2019)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........
22
 
No
23
Did the organization answer "Yes" to Part VII, Section A, line 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 lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............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), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
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.......................
25b
 
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part III.........................
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, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....
28b
 
No
c
A 35% controlled entity of one or more individuals and/or organizations described in lines 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click 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, Part II, III, or IV, and Part 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
 
 
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 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable ..
1a
240
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
Yes
 
Form 990 (2019)
Form 990 (2019)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
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
386
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” to line 3b, 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, securities account, or other financial account)? ..
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
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 as charitable contributions? ...
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. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring 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. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the 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 amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see instructions and file Form 4720, Schedule N.
15
 
No
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
Form 990 (2019)
Form 990 (2019)
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 or note to any line 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
1a
71
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
70
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 this 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
IL
18
Section 6104 requires an organization to make its Form 1023 (or 1024-A 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, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletANNE-MARIE EISCHEN220 EAST CHICAGO AVENUE   CHICAGO,IL60611 (312) 397-3808
Form 990 (2019)
Form 990 (2019)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line 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. 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.

See instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(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; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) MADELEINE GRYNSZTEJN......................................................................
PRITZKER DIRECTOR & CEO
 40.00
.................
0.00 		X   X       660,105 0 82,241
(2) LISA KEY......................................................................
DEPUTY DIRECTOR
 40.00
.................
0.00 		    X       256,305 0 39,420
(3) MICHAEL DARLING......................................................................
CHIEF CURATOR
 40.00
.................
0.00 		    X       249,068 0 38,221
(4) GWENDOLYN PERRY DAVIS......................................................................
SR. DIRECTOR OF DEVELOPMENT
 40.00
.................
0.00 		        X   181,087 0 27,689
(5) LAUREN SMALLWOOD......................................................................
DIRECTOR OF STRATEGIC COMMUNICATION
 40.00
.................
0.00 		        X   127,599 0 19,789
(6) AMY BUCZKO......................................................................
SR. DIRECTOR OF OPERATIONS
 40.00
.................
0.00 		    X       127,347 0 19,763
(7) CLAIRE RUUD......................................................................
DIRECTOR OF CURATORIAL STRATEGY
 40.00
.................
0.00 		        X   125,619 0 19,585
(8) NINA YUNG......................................................................
DIRECTOR OF INDIVIDUAL GIVING
 40.00
.................
0.00 		        X   124,643 0 12,838
(9) GINA CROWLEY......................................................................
DIRECTOR OF AUDIENCE EXPERIENCE
 40.00
.................
0.00 		        X   105,547 0 16,459
(10) ANNE-MARIE EISCHEN......................................................................
SR. DIRECTOR OF FINANCE
 40.00
.................
0.00 		    X       51,074 0 5,261
(11) MICHAEL O'GRADY......................................................................
BOARD CHAIR AND TRUSTEE
 10.00
.................
0.00 		X   X       0 0 0
(12) LESLIE BLUHM......................................................................
VICE CHAIR AND TRUSTEE
 5.00
.................
0.00 		X   X       0 0 0
(13) KING HARRIS......................................................................
VICE CHAIR AND TRUSTEE
 5.00
.................
0.00 		X   X       0 0 0
(14) ANNE L KAPLAN......................................................................
VICE CHAIR AND TRUSTEE
 5.00
.................
0.00 		X   X       0 0 0
(15) CARI B SACKS......................................................................
VICE CHAIR AND TRUSTEE
 5.00
.................
0.00 		X   X       0 0 0
(16) NICKOL HACKETT......................................................................
SECRETARY AND TRUSTEE
 5.00
.................
0.00 		X   X       0 0 0
(17) MARQUIS D MILLER......................................................................
TREASURER AND TRUSTEE
 5.00
.................
0.00 		X   X       0 0 0
Form 990 (2019)
Form 990 (2019)
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 (list any hours for related organizations below dotted line) 		(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; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) ASHLEY HEMPHILL NETZKY........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(19) CAROL COHEN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(20) CAROL PRINS........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(21) CHERYL S DURST........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(22) CARRIE REYES MURPHY........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(23) CYNTHIA HUNT........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(24) DIA S WEIL........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(25) DIMITRIS DASKALOPOULOS........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(26) DONALD J EDWARDS........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(27) ELLEN B WALLACE........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(28) ELLEN-BLAIR CHUBE........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(29) EVE ROGERS........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(30) GERHARD BETTE........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(31) HELEN ZELL........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(32) ILAN SHALIT........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(33) JACK GUTHMAN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(34) JAMES H LITINSKY........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(35) JAY OWEN JR........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(36) JOHN B HARRIS........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(37) JONATHAN LEVIN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(38) JOSHUA ROGERS........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(39) JULIE BERNSTEIN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(40) JULIUS FEW........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(41) KATE NEISSER........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(42) KENNETH C GRIFFIN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(43) LARRY FIELDS........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(44) LAURA KEIDAN MARTIN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(45) LIZ LEFKOFSKY........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(46) LOIS EISEN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(47) MARC BROOKS........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(48) MARLENE BRESLOW-BLITSTEIN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(49) MARTIN NESBITT........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(50) MICHAEL ALPER........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(51) MICHAEL CANMANN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(52) NANCY CROWN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(53) NICHOLAS GIAMPIETRO........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(54) NIGEL F TELMAN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(55) PEDRO WEISS........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(56) PETER BARACK........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(57) ROB BELLICK........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(58) ROBERT H DEFARES........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(59) RON LEVIN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(60) SARA ALBRECHT........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(61) SARA SZOLD........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(62) SYLVIA NEIL........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(63) WILLIAM SILVERSTEIN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(64) LORNA SIMPSON........................................................................
ARTIST TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(65) ALLEN M TURNER........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(66) DARYL GERBER STOKOLS........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(67) DON KAUL........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(68) DONNA A STONE........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(69) DORIE STERNBERG........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(70) GAEL NEESON........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(71) HELYN D GOLDENBERG........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(72) JAMES A GORDON........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(73) JOHN D CARTLAND........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(74) MARJORIE SUSMAN........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(75) MARSHALL FRONT........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(76) MARY ITTELSON........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(77) PENNY PRITZKER........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(78) SALLY MEYERS KOVLER........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(79) WILLIAM HOOD........................................................................
LIFE TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(80) JENNIFER AUBREY........................................................................
EMERITUS TRUSTEE
 2.00
.......................0.00 		X           0 0 0
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 2,008,394 0 281,266
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet9
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
SECURITAS SECURITY USA INC

12672 COLLECTIONS CENTER DRIVE
CHICAGO,IL606930126 		SECURITY SERVICES 1,560,268
CROWN ENERGY SERVICES INC DBA ABLE ENGI

PO BOX 39000
SAN FRANCISCO,CA94139 		ENGINEERING SERVICES 699,043
ALASKA ALASKA LLC

1920 ADELICIA STREET SUITE 300
NASHVILLE,TN37212 		PROFESSIONAL SERVICES/CONSULTANTS 679,739
BUILDING MAINTENANCE SERVICE LLC DBA BM

PO BOX 26032
NEW YORK,NY100876032 		JANITORIAL 554,722
EUROPEAN PAINTING AND DECORATING INC

21 S WILDWOOD
PROSPECT HEIGHTS,IL60070 		PAINTING AND DECORATING SERVICES 421,189
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet24
Form 990 (2019)
Form 990 (2019)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b 421,698
c Fundraising events..1c 4,121,310
d Related organizations1d  
e Government grants (contributions)1e 1,775,283
f All other contributions, gifts, grants, and similar amounts not included above1f 5,949,635
g Noncash contributions included in lines 1a - 1f:$ 1g 5,049,467
h Total. Add lines 1a-1f.......MediumBullet 12,267,926
Program Service RevenueAmt Business Code
2a ADMISSIONS 712110 1,126,899 1,126,899    
b EXHIBITIONS 712110 91,315 91,315    
c PERFORMANCE 712110 63,382 63,382    
d
e
f All other program service revenue.        
g Total. Add lines 2a–2f .....MediumBullet 1,281,596
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 382,882     382,882
4 Income from investment of tax-exempt bond proceedsMediumBullet        
5 Royalties...........MediumBullet        
(ii) Personal (i) Real
6a Gross rents 8,701 451,835 6a
b Less: rental expenses 0 1,010,282 6b
c Rental income or (loss) 8,701 -558,447 6c
d Net rental income or (loss).......MediumBullet -549,746   8,701 -558,447
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory   21,074,424 7a
b Less: cost or other basis and sales expenses   21,988,837 7b
c Gain or (loss)   -914,413 7c
d Net gain or (loss).........MediumBullet -914,413     -914,413
8a Gross income from fundraising events (not including $ 4,121,310of contributions reported on line 1c). See Part IV, line 18 ....
8a 6,087,597
b Less: direct expenses ... 8b 4,865,354
c Net income or (loss) from fundraising events..MediumBullet 1,222,243   1,222,243
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..MediumBullet        
10a Gross sales of inventory, less
returns and allowances ..
10a 5,858,177
b Less: cost of goods sold .. 10b 5,105,033
c Net income or (loss) from sales of inventory..MediumBullet 753,144 745,230 7,914  
Business Code Miscellaneous Revenue
11a PARKING GARAGE 712110 330,975     330,975
b MISCELLANEOUS 999999 212,231     212,231
c FOOD SERVICE 712110 198,741     198,741
d All other revenue ....        
e Total. Add lines 11a–11d ...... MediumBullet 741,947
12 Total revenue. See instructions.....MediumBullet 15,185,579 2,026,826 16,615 874,212
Form 990 (2019)
Form 990 (2019)
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).Check if Schedule O contains a response or note to any line 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 domestic organizations and domestic governments. See Part IV, line 21 ....    
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ...........    
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............    
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 1,553,805   1,423,539 130,266
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........        
7 Other salaries and wages........ 6,827,382 5,518,883 721,804 586,695
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 229,810   229,810  
9 Other employee benefits ....... 651,010 533,166 48,994 68,850
10 Payroll taxes ........... 603,689 385,046 158,004 60,639
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 72,020 600 71,401 19
c Accounting ........... 83,500   83,500  
d Lobbying ...........        
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ...... 70,865   70,865  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 3,220,685 2,723,777 464,432 32,476
12 Advertising and promotion .... 904,017 274,653 608,474 20,890
13 Office expenses ....... 910,138 341,184 502,233 66,721
14 Information technology ...... 655,936 49,346 563,974 42,616
15 Royalties .. 14,607 10,979 1,988 1,640
16 Occupancy ........... 1,412,527 1,032,916 345,831 33,780
17 Travel ............ 517,086 405,859 49,701 61,526
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 319,188 90,095 73,276 155,817
20 Interest ........... 927,729 689,347 216,143 22,239
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 2,413,343 1,793,229 562,262 57,852
23 Insurance ... 315,484 125,623 189,861  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a STORAGE AND CONSERVATIO 1,226,196 1,226,196    
b SHIPPING AND POSTAGE 1,065,118 1,026,646 29,111 9,361
c MISCELLANEOUS 200,305 40,404 158,720 1,181
d
e All other expenses        
25 Total functional expenses. Add lines 1 through 24e 24,194,440 16,267,949 6,573,923 1,352,568
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 (2019)
Form 990 (2019)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 16,324,256 1 17,514,041
2 Savings and temporary cash investments ......... 7,055,599 2 10,585,528
3 Pledges and grants receivable, net ...... 9,618,692 3 4,816,923
4 Accounts receivable, net ............. 165,687 4 645,806
5 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
  5  
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
  6  
7 Notes and loans receivable, net ...........   7  
8 Inventories for sale or use ............ 1,452,467 8 1,278,193
9 Prepaid expenses and deferred charges ...... 2,708,827 9 528,788
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 84,298,698
b Less: accumulated depreciation 10b 41,647,531 44,763,073 10c 42,651,167
11 Investments—publicly traded securities . 27,697,031 11 27,769,177
12 Investments—other securities. See Part IV, line 11 ..... 98,068,845 12 93,665,509
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ...........   15  
16 Total assets. Add lines 1 through 15 (must equal line 33)... 207,854,477 16 199,455,132
Liabilities 17 Accounts payable and accrued expenses ..... 3,737,443 17 1,999,739
18 Grants payable ...   18  
19 Deferred revenue ......... 785,653 19 2,645,774
20 Tax-exempt bond liabilities ......... 29,860,149 20 29,880,128
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
  22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ..   24  
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 2,011,246 25 3,771,162
26 Total liabilities. Add lines 17 through 25.. 36,394,491 26 38,296,803
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here MediumBullet and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 113,841,926 27 107,616,374
28 Net assets with donor restrictions ........... 57,618,060 28 53,541,955
Organizations that do not follow FASB ASC 958, check here MediumBullet and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 171,459,986 32 161,158,329
33 Total liabilities and net assets/fund balances ........ 207,854,477 33 199,455,132
Form 990 (2019)
Form 990 (2019)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
15,185,579
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
24,194,440
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
-9,008,861
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
171,459,986
5
Net unrealized gains (losses) on investments ...............
5
1,714,240
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
-3,007,036
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
161,158,329
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line 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
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 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?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
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
 
No
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
 
 
Form 990 (2019)
Form 990 (2019)
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 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
MUSEUM OF CONTEMPORARY ART
 
Employer identification number

36-6154098
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 12, check only one box.)
1
2
3
4
5
6
7
8
9
10
11
12
a
b
c
d
e
f
Enter the number of supported organizations ...............................  
g
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 10 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
Yes No
Total
 
   
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 2
Part II
Support Schedule for Organizations Described in Sections 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 failed to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2015 (b) 2016 (c) 2017 (d) 2018 (e) 2019 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. 22,822,264 21,881,418 14,664,331 20,005,581 12,267,926 91,641,520
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 22,822,264 21,881,418 14,664,331 20,005,581 12,267,926 91,641,520
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).. 15,470,859
6 Public support. Subtract line 5 from line 4. 76,170,661
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2015 (b) 2016 (c) 2017 (d) 2018 (e) 2019 (f) Total
7 Amounts from line 4.. 22,822,264 21,881,418 14,664,331 20,005,581 12,267,926 91,641,520
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 172,344 177,139 439,440 437,636 834,717 2,061,276
9 Net income from unrelated business activities, whether or not the business is regularly carried on.. -3,787 1,378 3,134 5,304 16,615 22,644
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. 2,001,892 1,193,450 1,501,842 851,067 6,087,597 11,635,848
11 Total support. Add lines 7 through 10 105,361,288
12
12
35,555,655
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................right arrow
Section C. Computation of Public Support Percentage
14
14
72.290 %
15
15
73.180 %
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 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) right arrow (a) 2015 (b) 2016 (c) 2017 (d) 2018 (e) 2019 (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) right arrow (a) 2015 (b) 2016 (c) 2017 (d) 2018 (e) 2019 (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 VI.) ..            
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) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked 12a of Part I, complete Sections A and B. If you checked 12b of Part I, complete Sections A and C. If you checked 12c of Part I, complete Sections A, D, and E. If you checked 12d of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 12a or 12b in Part I, answer (b) and (c) below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described in (a) above?
11b
 
 
c
A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer (a) and (b) below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer (a) and (b) below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    
Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors
(explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by .035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    
Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity		  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations  
4 Amounts paid to acquire exempt-use assets  
5 Qualified set-aside amounts (prior IRS approval required)  
6 Other distributions (describe in Part VI). See instructions  
7Total annual distributions. Add lines 1 through 6.  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI). See instructions		  
9 Distributable amount for 2019 from Section C, line 6  
10 Line 8 amount divided by Line 9 amount  
Section E - Distribution Allocations (see instructions) (i)
Excess Distributions 		(ii)
Underdistributions
Pre-2019 		(iii)
Distributable
Amount for 2019
1 Distributable amount for 2019 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI).
See instructions.		  
3 Excess distributions carryover, if any, to 2019:
a From 2014.......  
b From 2015.......  
c From 2016.......  
d From 2017.......  
e From 2018.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2019 distributable amount  
i Carryover from 2014 not applied (see
instructions) 		 
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.  
4Distributions for 2019 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2019 distributable amount  
c Remainder. Subtract lines 4a and 4b from 4.  
5 Remaining underdistributions for years prior to
2019, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions.		  
6 Remaining underdistributions for 2019. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions.		  
7 Excess distributions carryover to 2020. Add lines
3j and 4c.		  
8 Breakdown of line 7:
a Excess from 2015.....  
b Excess from 2016.....  
c Excess from 2017.....  
d Excess from 2018.....  
e Excess from 2019.....  
Schedule A (Form 990 or 990-EZ) (2019)

Schedule A (Form 990 or 990-EZ) 2019
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Return Reference Explanation
Schedule A (Form 990 or 990-EZ) 2019


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.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Name of the organization
MUSEUM OF CONTEMPORARY ART
 
Employer identification number

36-6154098
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 isn't covered by the General Rule and/or the Special Rules doesn't 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 its Form 990PF, Part I, line 2, to certify that it doesn't 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) (2019)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019) Page 2
Name of organization
MUSEUM OF CONTEMPORARY ART
  		Employer identification number
36-6154098
Part I
Contributors
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


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
Page 3
Name of organization
MUSEUM OF CONTEMPORARY ART
  		Employer identification number

36-6154098
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) (2019)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
Page 4
Name of organization
MUSEUM OF CONTEMPORARY ART
  		Employer identification number

36-6154098
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. 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) (2019)

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," on 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 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
MUSEUM OF CONTEMPORARY ART
 
Employer identification number

36-6154098
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of 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" on 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 7/25/06, 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, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, 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 section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, 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" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB 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 XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB 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)
Revenue included on 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 FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2019

Schedule D (Form 990) 2019
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, 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 XIII.
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" on 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 XIII 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, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on 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 .... 21,358,230 21,633,985 20,847,421 18,826,371 19,981,796
b Contributions ...         450,000
c Net investment earnings, gains, and losses 264,842 625,222 1,657,466 3,097,455 -794,565
d Grants or scholarships ...          
e Other expenditures for facilities
and programs ... 		887,040 900,977 870,902 1,076,405 810,860
f Administrative expenses ....          
g End of year balance ...... 20,736,032 21,358,230 21,633,985 20,847,421 18,826,371
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet0 %
b
Permanent endowment SchDMd Bullet84.650 %
c
Term endowment SchDMd Bullet15.350 %
The percentages on 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" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. 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 .....   3,523,258 3,523,258
b Buildings ....   70,277,011 33,091,692 37,185,319
c Leasehold improvements        
d Equipment ....   10,498,429 8,555,839 1,942,590
e Other .....        
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 42,651,167
Schedule D (Form 990) 2019

Schedule D (Form 990) 2019
Page 3
Part VII
Investments—Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. 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) OFFSHORE COMMON STOCK FUNDS MUTUAL FUNDS		 48,951,782 F

(B) INTERNATIONAL EQUITIES MUTUAL FUNDS		 30,312,133 F

(C) LARGE CAP EQUITIES MUTUAL FUNDS		 7,405,021 F

(D) MID CAP EQUITIES MUTUAL FUNDS		 5,588,573 F

(E) MULTIFAMILY PORTFOLIO LTD PARTNERSHIP		 1,408,000 C
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 93,665,509
Part VIII
Investments—Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 3,771,162
2. Liability for uncertain tax positions. In Part XIII, 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 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2019

Schedule D (Form 990) 2019
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1 32,348,265
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a 1,714,240
b Donated services and use of facilities ......... 2b 128,650
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d 5,303,000
e Add lines 2a through 2d ..................... 2e 7,145,890
3 Subtract line 2e from line 1.................. 3 25,202,375
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  
b Other (Describe in Part XIII.) ........... 4b -10,016,796
c Add lines 4a and 4b.................... 4c -10,016,796
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 15,185,579
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1 33,737,490
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a 128,650
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d 9,485,265
e Add lines 2a through 2d.................... 2e 9,613,915
3 Subtract line 2e from line 1................... 3 24,123,575
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 70,865
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b..................... 4c 70,865
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 24,194,440
Part XIII
Supplemental Information
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, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE COMMONLY FOLLOWED BY MOST AMERICAN ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTION IS NOT INCLUDED IN THE FINANCIAL STATEMENTS. CONTRIBUTIONS FOR THE PURCHASES OF ART OBJECTS, THE PROCEEDS FROM DEACCESSIONS OF ART AND THE COST OF ART OBJECTS PURCHASED ARE REPORTED AS OTHER CHANGES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. THE MUSEUM'S POLICY IS TO MAINTAIN AND CONTINUE TO ACQUIRE SIGNIFICANT WORKS OF CONTEMPORARY ART (PRINCIPALLY 1945 TO PRESENT). FROM TIME TO TIME, OBJECTS MAY BE SOLD IN ACCORDANCE WITH THE MUSEUM'S COLLECTION MANAGEMENT POLICY. ALL PROCEEDS REALIZED FROM DEACCESSIONS ARE ALLOCATED TO PURCHASE OTHER WORKS OF ART. DEACCESSION OF ART IN THE AMOUNT OF $29,878 WAS REALIZED FOR THE YEAR ENDED JUNE 30, 2020. DEACCESSION OF ART IN THE AMOUNT OF $5,727,250 WAS REALIZED FOR THE YEAR ENDED JUNE 30, 2019.
PART III, LINE 4: THE COLLECTION IS COMPRISED OF OVER 5,500 OBJECTS IN ALL MEDIA CREATED DURING THE TWENTIETH AND TWENTY-FIRST CENTURIES. THROUGH EXHIBITIONS, PRESERVATION AND RESEARCH, THE COLLECTION SUPPORTS THE MUSEUM'S MISSION TO BE INNOVATIVE AND A COMPELLING CENTER OF CONTEMPORARY ART WHERE THE PUBLIC CAN DIRECTLY EXPERIENCE THE WORK AND IDEAS OF LIVING ARTISTS, AND UNDERSTAND THE HISTORICAL, SOCIAL AND CULTURAL CONTEXT OF THE ART OF OUR TIME.
PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE MUSEUM'S OPERATIONS, SUBJECT TO A SPENDING POLICY. UP TO 5% OF THE AVERAGE MARKET VALUE OF ASSETS OVER A 12 QUARTER PERIOD ENDING WITH THE PRIOR 12/31 IS MADE AVAILABLE FOR ANNUAL DRAWS.
PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT SPENDING POLICY DRAW 5,303,000.
PART XI, LINE 4B - OTHER ADJUSTMENTS: DIVIDENDS AND INTEREST 382,882. COST OF GOODS SOLD -5,105,033. RENTAL EXPENSE -1,010,282. REALIZED GAINS -914,413. SPECIAL EVENT IN-KIND EXPENSE -3,369,950.
PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 5,105,033. RENTAL EXPENSE 1,010,282. SPECIAL EVENT IN-KIND EXPENSE 3,369,950.
Schedule D (Form 990) 2019


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 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
MUSEUM OF CONTEMPORARY ART
 
Employer identification number

36-6154098
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on 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. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in the region (d) Activities conducted in region (by type) (such as, 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 the region		 (f) Total expenditures
for and investments
in the region
EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES ARTIST FEES 44,454
EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ARTIST FEES 2,528
SOUTH AMERICA 0 0 PROGRAM SERVICES ARTIST FEES 1,500
MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES ARTIST FEES 700
NORTH AMERICA 0 0 PROGRAM SERVICES ARTIST FEES 500
CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS   45,650,827
EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS   3,245,096
           
           
           
           
           
           
           
           
           
           
3a Sub-total .... 0 0 48,945,605
b Total from continuation sheets to Part I ... 0 0 0
c Totals (add lines 3a and 3b) 0 0 48,945,605
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2019
Schedule F (Form 990) 2019
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated 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 noncash
assistance 		(h) Description
of noncash
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) 2019
Schedule F (Form 990) 2019Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.
Part III can be duplicated 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
noncash
assistance 		(g) Description
of noncash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2019
Schedule F (Form 990) 2019
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, Return by a U.S. Transferor of Property to a Foreign Corporation (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 separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .
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, Information 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 separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2019
Schedule F (Form 990) 2019
Page 5
Part V
Supplemental Information
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.
ReturnReference Explanation
PART III ACCOUNTING METHOD:  
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2019
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" on 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 arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
MUSEUM OF CONTEMPORARY ART
 
Employer identification number

36-6154098
Part I
Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
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 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.


(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
             
             
             
             
             
             
             
             
             
             
Total . . . . . . . . . . . . . . . . . . . . right arrow      
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2019
Schedule G (Form 990 or 990-EZ) 2019
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.









VerticalRevenue
(a) Event #1

ART AUCTION
(event type) 		(b) Event #2

VERNISSAGE
(event type) 		(c) Other events

4
(total number) 		(d) Total events
(add col. (a) through col. (c))

1
Gross receipts . . . . .
9,873,491
198,916
136,500
10,208,907

2
Less: Contributions . . . .
3,934,929
164,253
22,128
4,121,310
3 Gross income (line 1 minus
line 2) . . . . . .
5,938,562
34,663
114,372
6,087,597



VerticalDirectExpenses
4 Cash prizes . . . . .        
5 Noncash prizes . . . .        
6 Rent/facility costs . . . . 291,266 260 966 292,492
7 Food and beverages . . . 149,683 56,935 108 206,726
8 Entertainment . . . . 147,228 231   147,459
9 Other direct expenses . . . 4,092,894 40,120 85,663 4,218,677
10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . right arrow 4,865,354
11 Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . . right arrow 1,222,243
Part III
Gaming. Complete if the organization answered "Yes" on 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
Noncash 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. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow
 

9
Enter the state(s) in which the organization conducts gaming activities:
a
Is the organization licensed to conduct 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:
 
Schedule G (Form 990 or 990-EZ) 2019
Schedule G (Form 990 or 990-EZ) 2019
Page 3
11
Does the organization conduct 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? . . . . . . . . . . . . . . . . .
13
Indicate the percentage of gaming activity conducted in:
a
The organization's facility . . . . . . . . . . . . . . . . . .
13a
%
b
An outside facility . . . . . . . . . . . . . . . . . . . .
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
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 of the third party:
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
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.
Return Reference Explanation
Schedule G (Form 990 or 990-EZ) 2019
Additional Data


Software ID:  
Software Version:  
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" on Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990.
SchJMediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
MUSEUM OF CONTEMPORARY ART
 
Employer identification number

36-6154098
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 on 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 on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .........
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ..
2
Yes
 
3
Indicate which, if any, of the following the filing organization used 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 on 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), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on 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," on line 5a or 5b, describe in Part III.
6
For persons listed on 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," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported on 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" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2019

Schedule J (Form 990) 2019
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 on 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 (E) amounts for that individual.
(A) Name and Title (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 in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1MADELEINE GRYNSZTEJN
PRITZKER DIRECTOR & CEO 		(i)

(ii)		 660,105
-------------
0 		0
-------------
0 		0
-------------
0 		14,250
-------------
0 		67,991
-------------
0 		742,346
-------------
0 		0
-------------
0
2LISA KEY
DEPUTY DIRECTOR 		(i)

(ii)		 256,305
-------------
0 		0
-------------
0 		0
-------------
0 		13,021
-------------
0 		26,399
-------------
0 		295,725
-------------
0 		0
-------------
0
3MICHAEL DARLING
CHIEF CURATOR 		(i)

(ii)		 249,068
-------------
0 		0
-------------
0 		0
-------------
0 		12,567
-------------
0 		25,654
-------------
0 		287,289
-------------
0 		0
-------------
0
4GWENDOLYN PERRY DAVIS
SR. DIRECTOR OF DEVELOPMENT 		(i)

(ii)		 181,087
-------------
0 		0
-------------
0 		0
-------------
0 		9,037
-------------
0 		18,652
-------------
0 		208,776
-------------
0 		0
-------------
0
Schedule J (Form 990) 2019

Schedule J (Form 990) 2019
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
PART I, LINE 1A PER THE PRITZKER DIRECTOR'S EMPLOYMENT AGREEMENT, BUSINESS CLASS IS BOOKED FOR ANY FLIGHTS LONGER THAN 4 HOURS. DURING FY20, 1 FIRST CLASS TICKET FOR THE PRITZKER DIRECTOR, TOTALING $462 WAS BOOKED BECAUSE THE FLIGHT WAS OVER 4 HOURS AND BUSINESS CLASS TICKETS WERE NOT AVAILABLE.
PART I, LINE 3 THE COMPENSATION COMMITTEE ANNUALLY REVIEWS PERFORMANCE, GOAL ACHIEVEMENTS, PEER DATA, SURVEYS, ETC WHEN SETTING THE ANNUAL SALARY FOR THE PRITZKER DIRECTOR/CHIEF EXECUTIVE OFFICER. THE COMMITTEE REVIEWS SALARIES OF SENIOR MANAGEMENT AND ALSO APPROVES THE ANNUAL ALLOCATION TO THE STAFF SALARY INCREASE POOL. THE COMMITTEE DOCUMENTS ITS FINDINGS IN WRITING AND EMPLOYEES ARE NOT PRESENT WHEN THEIR COMPENSATION IS SET.
PART I, LINE 4B THE PRITZKER DIRECTOR PARTICIPATES IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN EFFECTIVE NOVEMBER 1, 2017. THE PURPOSE OF THE PLAN IS TO PERMIT SELECTED EMPLOYEES OF THE MUSEUM TO RECEIVE SUPPLEMENTAL RETIREMENT INCOME THAT CANNOT BE PAID UNDER ITS QUALIFIED PLANS DUE TO THE REDUCTIONS AND LIMITATIONS IMPOSED BY SECTIONS 401(A)(17), 401(K)(3), 401(M) AND 415 OF THE INTERNAL REVENUE CODE OF 1986. THERE WERE NO DISTRIBUTIONS FROM THE PLAN DURING 2019.
Schedule J (Form 990) 2019

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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 Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet Attach to Form 990.
SchKMediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
MUSEUM OF CONTEMPORARY ART
 
Employer identification number
36-6154098
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 ILLINOIS FINANCE AUTHORITY
  		86-1091967 000000000 10-27-2016 30,000,000 REFINANCE ILLINOIS DEVELOPMENT AUTHORITY REVENUE BONDS SERIES 1994   X   X   X
Part Ⅱ
Proceeds
A B C D
1 Amount of bonds retired ..................        
2 Amount of bonds legally defeased ..............        
3 Total proceeds of issue .................. 30,000,000      
4 Gross proceeds in reserve funds .............        
5 Capitalized interest from proceeds .............        
6 Proceeds in refunding escrows ...............        
7 Issuance costs from proceeds ...............        
8 Credit enhancement from proceeds .............        
9 Working capital expenditures from proceeds .............        
10 Capital expenditures from proceeds .............        
11 Other spent proceeds ............. 30,000,000      
12 Other unspent proceeds .............        
13 Year of substantial completion ............. 2016
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue of tax-exempt
bonds (or, if issued prior to 2018, a current refunding issue)? ........ 		X              
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2018, 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 Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2019

Schedule K (Form 990) 2019
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 %      
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 %      
6 Total of lines 4 and 5 ............. 0 %      
7 Does the bond issue meet the private security or payment test? ...   X            
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X            
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............                
9 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 the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ... X              
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......                
b Exception to rebate? ........                
c No rebate due? .........                
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? ..... X              
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X            
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of hedge .........        
d Was the hedge superintegrated? ......                
e Was the hedge terminated? ........                
Schedule K (Form 990) 2019

Schedule K (Form 990) 2019
Page 3
Part Ⅳ
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X            
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X            
7 Has the organization established written procedures to monitor the requirements of section 148? ...   X            
Part Ⅴ
Procedures To Undertake Corrective Action
--------------------------------------------------------------------------------------------------------------- A B C D
Yes No Yes No Yes No Yes No
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?   X            
Part Ⅵ
Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).
Return Reference Explanation
Schedule K (Form 990) 2019

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SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large imageComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
Right pointing arrow large imageGo to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
MUSEUM OF CONTEMPORARY ART
 
Employer identification number

36-6154098
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 .... X 92 3,665,950 COST
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 26 1,379,726 TRANSFERRED VALUE
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 ( ART BOOK/CATALOGUE SUBSCRIPTIONS ) X 2 3,791 FMV
26 Other Right pointing arrow large image ( )
27 Other Right pointing arrow large image ( )
28 Other Right pointing arrow large image ( )
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
 
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't 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 nonstandard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
 
No
b
If "Yes," describe in Part II.
33
If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2019)
Schedule M (Form 990) (2019)
Page 2
Part IISupplemental Information. 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.
Return Reference Explanation
PART I, COLUMN (B): THE NUMBER IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED.
Schedule M (Form 990) (2019)

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 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
MUSEUM OF CONTEMPORARY ART
 
Employer identification number

36-6154098
Return Reference Explanation
FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING TRUSTEES HAVE A FAMILY RELATIONSHIP 1) MICHAEL ALPER AND HELYN GOLDENBERG, 2) KING HARRIS AND JOHN HARRIS, 3) DON KAUL AND LESLIE BLUHM THE FOLLOWING TRUSTEES HAVE A BUSINESS RELATIONSHIP 1) ANNE KAPLAN HAS BUSINESS RELATIONSHIPS WITH LOISE EISEN, SALLY KOVLER, ELIZABETH LEFKOFSKY AND DIA WEIL, 2) ROBERT BELLICK AND JAMES GORDON, AND 3) MICHAEL CANMANN AND NANCY CROWN.
FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF THE IRS FORM 990 WAS DELEGATED TO THE AUDIT COMMITTEE. AFTER REVIEW, A DRAFT COPY OF FORM 990 WAS EMAILED TO ALL BOARD MEMBERS. AFTER A 30 DAY REVIEW PERIOD, THE FORM 990 IS THEN FILED ELECTRONICALLY WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C THE MUSEUM MAINTAINS A CONFLICT OF INTEREST POLICY WHICH APPLIES TO ALL TRUSTEES, MEMBERS OF STANDING COMMITTEES, AS WELL AS SENIOR MANAGEMENT AND OTHER DESIGNATED MEMBERS OF STAFF. THE POLICY REQUIRES THAT EACH PERSON TO WHOM THE POLICY APPLIES COMPLETE THE ANNUAL DISCLOSURE STATEMENT TO IDENTIFY ANY BUSINESS, FINANCIAL OR PERSONAL INTEREST IN MATTERS RELATING TO THE MUSEUM. THE POLICY FORBIDS SUCH INDIVIDUALS FROM VOTING ON OR USING THEIR PERSONAL INFLUENCE IN CONNECTION WITH SUCH MATTERS. IN THE EVENT THE MUSEUM DOES CONDUCT BUSINESS WITH SUCH RELATED PARTY, THE FINANCIAL TERMS OF THOSE RELATIONSHIPS ARE REPORTED ANNUALLY TO THE AUDIT COMMITTEE, WHOSE MEMBERS MUST BE INDEPENDENT PER THE TERMS OF THE CHARTER.
FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE ANNUALLY REVIEWS PERFORMANCE, GOAL ACHIEVEMENT, PEER DATA, SURVEYS, ETC., WHEN SETTING THE ANNUAL SALARY FOR THE PRITZKER DIRECTOR/CHIEF EXECUTIVE OFFICER. THE COMMITTEE REVIEWS SALARIES OF SENIOR MANAGEMENT AND ALSO APPROVES THE ANNUAL ALLOCATION TO THE STAFF SALARY INCREASE POOL. THE COMMITTEE DOCUMENTS ITS FINDINGS IN WRITING, AND EMPLOYEES ARE NOT PRESENT WHEN THEIR COMPENSATION IS SET.
FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE MUSEUM PROVIDES THE INFORMATION.
FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 1,518,264. MANAGEMENT AND GENERAL EXPENSES 295,419. FUNDRAISING EXPENSES 20,319. TOTAL EXPENSES 1,834,002. CONTRACT LABOR - SECURITY: PROGRAM SERVICE EXPENSES 1,205,513. MANAGEMENT AND GENERAL EXPENSES 169,013. FUNDRAISING EXPENSES 12,157. TOTAL EXPENSES 1,386,683.
FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SWAP -1,801,676. COLLECTION DEACCESSIONS 29,878. COLLECTION ACQUISITIONS -1,235,238.
FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS CONTINUED: 4. LIGIA LEWIS, WATER WILL (IN MELODY) JANUARY 30-FEBRUARY 2, 2020 IN THIS DEVISED CHOREOGRAPHIC WORK FOR FOUR PERFORMERS, MELODRAMA AND DARKNESS WERE THE POINTS OF DEPARTURE FOR WRESTLING WITH NOTIONS OF THE "WILLFUL" BLACK FEMME FIGURE IN ACTION. PLAYING WITH HOW MIME BOTH OVER-PERFORMS AND UNDER-DESCRIBES OUR REALITY, BERLIN-BASED CHOREOGRAPHER LIGIA LEWIS CREATED A GROTESQUE MASH-UP OF NATURAL LANDSCAPE AND HUMAN BEHAVIOR IN WATER WILL (IN MELODY), THE FINAL CHAPTER OF HER BLUE, RED, WHITE TRIPTYCH WHICH BEGAN IN 2014. WITH THIS WORK, MCA STAFF EXPERIMENTED WITH ITS INTERPRETATION PROGRAM FOR PERFORMANCE BY INVITING AUDIENCES TO ARRIVE EARLY FOR A PARTICIPATORY CONVERSATION ON THE THEMES AND CONTENT OF THE WORK. LEWIS ALSO PARTICIPATED IN A POST-PERFORMANCE CONVERSATION WITH PERFORMANCE SCHOLARS TINA POST, OF THE UNIVERSITY OF CHICAGO, AND JOSHUA CHAMBERS-LETSON, OF NORTHWESTERN UNIVERSITY. 5. MUSIC TALK: MESHELL NDEGEOCELLO WITH STACEYANN CHIN MARCH 6, 2020 EXPERIMENTING WITH A BRAND NEW PROGRAMMATIC FORMAT, SINGER-SONGWRITER AND BASSIST, MESHELL NDEGEOCELLO, KNOWN FOR HER PERFORMANCES WITH PRINCE, MADONNA, MISSY ELLIOT, THE ROLLING STONES, AND MANY OTHERS, WAS JOINED BY SPOKEN-WORD ARTIST, LBGTQ ACTIVIST, AUTHOR, AND LONG-TIME COLLABORATOR, STACEYANN CHIN, FOR AN EVENING OF CONVERSATION AND MUSICAL EXPLORATION. THE MCA PAIRED THESE TWO POWERHOUSE WOMEN WHO PUSH THE BOUNDARIES OF MUSICAL GENRES TO TAKE ON BIG IDEAS IN ART AND CULTURE THAT REVEALED THEIR INSPIRATIONS, CREATIVE PROCESSES, AND PROJECTS. PARTNERSHIPS AND ENGAGEMENT IS A PROGRAM DESIGNED TO BUILD LONG-TERM RELATIONSHIPS WITH CREATIVE AND DIVERSE CHICAGO-BASED ORGANIZATIONS TO FOSTER CREATIVE COLLECTIVE EXPERIENCES. OUR PARTNERS, WHICH INCLUDE GRASSROOTS ORGANIZATIONS AND COMMUNITY GROUPS, ARE INVITED TO HOST CONVERSATIONS, WORKSHOPS, TALKS, AND GATHERINGS THAT PROVIDE SPACE FOR CHICAGOANS TO COLLABORATE ON PROJECTS. PARTNERSHIPS AND ENGAGEMENT CREATES NEW PATHWAYS FOR WORKING BETWEEN MUSEUMS AND THE PUBLIC THROUGH CONVERSATIONS, WORKSHOPS, AND INFORMAL GATHERINGS. THE FOLLOWING ARE SEVERAL EXAMPLES OF RECENT PROJECTS COMPLETED IN COLLABORATION WITH OUR CORE PARTNERS. 1. MOVE ME SOUL IS A YOUTH DANCE COMPANY THAT FUSES TECHNIQUE, PERFORMANCE, AND CHARACTER DEVELOPMENT. TEENS ARE EMPOWERED TO "MOVE" THEIR LIMITS ON AND OFF STAGE. FOUNDED IN 2008 BY AYESHA JACO AT AUSTIN HIGH SCHOOL, THE PROGRAM BEGAN WITH 30 STUDENTS AND NOW SERVES MORE THAN 150 TEENS THROUGHOUT CHICAGO. ON FEBRUARY 4, 2020, MOVE ME SOUL PERFORMED THEIR WORK THE CHISSISSIPPI MIXTAPE, A 35-MINUTE MONTAGE OF DANCE AND ORAL HISTORY WITH SOUND BY VISUAL ARTIST, DAMON LOCKS, AS A PART OF THE MCA'S IN PROGRESS SERIES. AFTER THE PERFORMANCE, AUDIENCES CONVERSED WITH THE ARTISTS AND PERFORMERS ABOUT THE THEMES BEHIND THE WORK, AND OFFERED INVALUABLE FEEDBACK. 2. STATE MATTERS IS A GROUP OF ARTISTS, DESIGNERS, DEVELOPERS, POLICY WONKS, AND WRITERS WHO FOUNDED THE GROUP IN 2017 TO MAKE THE ILLINOIS GOVERNMENT CLEAR AND UNINTIMIDATING. AS A NONPARTISAN EDUCATIONAL ORGANIZATION, THEY AIM TO ENGAGE, EDUCATE, AND INSPIRE BY PROVIDING BASIC ANSWERS ABOUT HOW THE STATE WORKS. THIS YEAR STATE MATTERS USED THE MCA COMMONS TO HOST A DISCUSSION ON WHAT TO EXPECT ON THE BALLOT IN 2020. 3. FREE WRITE ARTS & LITERACY PROVIDES LITERARY, PERFORMING, VISUAL, AND AUDIO ARTS FOR INCARCERATED AND COURT-INVOLVED YOUNG ADULTS AND HOSTS DIALOGUES AND CONVERSATIONS IN THE MCA COMMONS AND IN ITS EXHIBITIONS. AMONG SEVERAL RECENT PROJECTS, FREE WRITE ARTS & LITERACY COLLABORATED TO CREATE A WORKSHOP SPACE FOR ONGOING CONVERSATION AND WORKSHOPS AS A PART OF THE MCA'S DIRECT MESSAGE: ART, LANGUAGE, AND POWER. 4. FIELDWORK COLLABORATIVE PROJECTS CONNECTS COMMUNITIES, CULTURAL INSTITUTIONS, PARK DISTRICTS, PUBLIC HOUSING AUTHORITIES, AND PUBLIC SCHOOLS WITH ARTISTS, CURATORS, DESIGNERS, URBANISTS, AND OTHER PROFESSIONALS FROM A WIDE RANGE OF DISCIPLINES. OUR PROJECTS ARE BOTH TEMPORARY AND LONG TERM. EACH INVITES PARTICIPANTS TO RE-IMAGINE THE CITY'S CULTURAL REAL ESTATE AND INVENT, DEVELOP, AND REHEARSE NEW WORKING PROTOCOLS.COLLABORATED TO CREATE A WORKSHOP SPACE FOR ONGOING CONVERSATION AND WORKSHOPS AS A PART OF THE MCA'S DIRECT MESSAGE: ART, LANGUAGE, AND POWER. 5. TRACE IS A JOBS-FOCUSED, TEEN LEADERSHIP PROGRAM RUN BY THE CHICAGO PARK DISTRICT'S DIVISION OF CULTURE, ARTS AND NATURE. TRACE PROMOTES CIVIC ENGAGEMENT AND STRIVES TO CULTIVATE CREATIVE, ENVIRONMENTAL AND COMMUNITY-BASED YOUTH ACTIVISTS. USING THE ARTS TO ENGAGE, INSPIRE AND PERSIST, TRACERS CREATE, ADVOCATE AND ENACT CHANGE FOR A BETTER WORLD. THE HAVE WORKED WITH THE MCA'S TEEN CREATIVE AGENCY ON DEVELOPING CURRICULUM AND PROGRAMMING. MEMBERS FROM BOTH GROUPS CONTRIBUTED THE PARK DISTRICT'S QUEERING THE PARKS PUBLIC PROGRAMMING. 6. CIVIC ENGAGEMENT WITH OTHER ORGANIZATIONS WERE DEVELOPED AS PROGRAMS THAT WERE CO-AUTHORED AND CO-ADMINISTERED. THIS INCLUDES GROUPS SUCH AS DIDAAR, GAME CLUB AT THE CHICAGO PUBLIC LIBRARY, AND TERRAIN CHICAGO.
IMPACT OF COVID-19 ON MARCH 11, 2020, THE WORLD HEALTH ORGANIZATION DECLARED A PANDEMIC DUE TO THE OUTBREAK OF A RESPIRATORY DISEASE CAUSED BY A NEW CORONAVIRUS. FIRST IDENTIFIED IN LATE 2019 AND NOW KNOWN AS COVID-19, THE MEASURES IMPLEMENTED TO COMBAT THE OUTBREAK HAVE IMPACTED GLOBAL BUSINESS OPERATIONS. AS A RESULT OF THE PANDEMIC, THE MUSEUM CLOSED ITS FACILITIES TO THE PUBLIC AND NON-ESSENTIAL STAFF ON MARCH 13, 2020. REVENUES FROM OPERATIONS PRIMARILY CEASED BETWEEN MARCH 13, 2020 AND JUNE 30, 2020 BUT EXPENSES ALSO DECLINED DURING THE SAME PERIOD DUE TO REDUCED OPERATIONS.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2019


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