| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 50,458 | 9,336 | 33,119 | 43,057 |
| Category | Amount |
|---|---|
| NONE | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| SUMMARY OF DIRECT CHARITABLE ACTIVITIES | FORM 990-PF, PART IX-A | THE MISSION OF THE PRITZKER MILITARY MUSEUM & LIBRARY IS TO INCREASE THE PUBLIC'S UNDERSTANDING OF MILITARY HISTORY, MILITARY AFFAIRS AND NATIONAL SECURITY BY PROVIDING A FORUM FOR THE STUDY AND EXPLORATION OF OUR MILITARY - PAST, PRESENT, AND FUTURE - WITH A SPECIFIC FOCUS ON THEIR STORIES, SACRIFICES, AND VALUES. THESE CITIZEN-SOLDIERS CONTINUE TO APPLY THE LESSONS OF SERVICE TO BETTER CIVILIAN LIFE, PRESERVE DEMOCRACY AND SAFEGUARD OUR NATION. WE BELIEVE THAT MILITARY HISTORY IS HUMAN HISTORY AND DEFINES OUR COLLECTIVE EXPERIENCE.A NON-GOVERNMENTAL, NON-PARTISAN ORGANIZATION, THE MUSEUM & LIBRARY FEATURES DIVERSE COLLECTIONS, SCHOLARLY INITIATIVES, AND PUBLIC PROGRAMS. WITH NATIONAL AND GLOBAL REACH, THESE SPACES AND EVENTS AIM TO SHARE THE STORIES OF THOSE WHO SERVED, HELPING CITIZENS EVERYWHERE APPRECIATE THE RELATIONSHIP BETWEEN THE ARMED FORCES AND THE CIVILIANS WHOSE FREEDOMS THEY PROTECT.THE COVID-19 GLOBAL PANDEMIC CONTINUES TO IMPACT THE MUSEUM AND LIBRARY'S OPERATIONS. ON MARCH 14, 2020, THE MUSEUM AND LIBRARY CLOSED TO THE PUBLIC AND REMAINED CLOSED UNTIL JULY17, 2020 IN ACCORDANCE WITH DIRECTIVES ISSUED BY THE STATE OF ILLINOIS AND CITY OF CHICAGO DUE TO THE COVID-19 GLOBAL PANDEMIC. THE MUSEUM AND LIBRARY CLOSED AGAIN TO THE PUBLIC IN ACCORDANCE WITH DIRECTIVES ISSUED BY THE STATE AND CITY. THESE CLOSURES RESULTED IN REDUCED REVENUES RELATED TO ADMISSIONS, MEMBERSHIP, AND PROGRAM SERVICE FEES. THE LOSS OF REVENUE WAS MITIGATED BY EXPENSE ADJUSTMENTS. |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE STOCK | 72,710 | 72,710 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN LPS | FMV | 16,869,515 | 16,869,515 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE AND FIXTURES | 3,097,761 | 3,060,178 | 37,583 | 37,583 |
| LEASHOLD IMPROVEMENTS | 10,004,258 | 9,862,878 | 141,380 | 141,380 |
| EQUIPMENT | 312,094 | 278,050 | 34,044 | 34,044 |
| NETWORK AND SOFTWARE | 535,117 | 234,151 | 300,966 | 300,966 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 31,756 | 0 | 0 | 3,103 |
| Description | Amount |
|---|---|
| DONATED LEASE ASSET | 8,913,216 |
| PRIOR PERIOD ADJUSTMENT | 461 |
| BOOK/TAX DIFFERENCE - EIDL | 10,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| HONORARIUMS | 100,000 | 0 | 0 | 100,000 |
| INSURANCE | 72,156 | 0 | 0 | 77,480 |
| ADVERTISEMENT AND PROMOTION | 63,288 | 0 | 0 | 62,346 |
| INFORMATION TECHNOLOGY | 61,834 | 0 | 0 | 73,615 |
| GALA EXPENSES | 37,573 | 0 | 0 | 31,535 |
| AMORTIZATION | 23,068 | 0 | 0 | 23,068 |
| SHIPPING/POSTAGE | 18,018 | 0 | 0 | 17,493 |
| OFFICE SUPPLIES | 15,246 | 0 | 0 | 16,097 |
| BANK & CREDIT CARD FEES | 8,977 | 0 | 0 | 8,977 |
| OPERATING EXPENSE | 7,538 | 0 | 0 | 7,538 |
| PROGRAM EXPENSES | 6,225 | 0 | 0 | 6,225 |
| STORAGE | 3,913 | 0 | 0 | 3,793 |
| CONTRACT EXPENSES | 3,751 | 0 | 0 | 3,751 |
| FUNDRAISING EXPENSES | 3,007 | 0 | 0 | 3,007 |
| ARCHIVES AND EXHIBITS | 2,625 | 0 | 0 | 2,625 |
| LICENSES & PERMITS | 1,387 | 0 | 0 | 1,795 |
| PARKING | 1,221 | 0 | 0 | 1,221 |
| EVENTS | 983 | 0 | 0 | 983 |
| FOUNDERS PROJECTS | 781 | 0 | 0 | 781 |
| OTHER EXPENSES | 1,556 | 0 | 0 | 859 |
| BOOKS & PUBLICATIONS | -30,481 | 0 | 0 | -4,903 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PARTNERSHIP INCOME/LOSS | 0 | -164,509 | -430,161 |
| GENERAL ADMISSION | 4,585 | 4,585 | |
| PROGRAM ADMISSION | 890 | 890 | |
| ARCHIVE/DIGITAL SERVICES | 971 | 971 | |
| HONORARIUM | 500 | 500 | |
| SPECIAL EVENTS & RAFFLE | 1,200 | 1,200 | |
| MEMBERSHIP DUES AND ASSESSMENTS | 3,575 | 3,575 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 565,303 |
| DONATED LEASE ASSET | 8,913,216 |
| RESTORATION PAYMENT | 19,638 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO RELATED | 0 | 184,302 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TEI MANAGEMENT FEES | 527,199 | 52,720 | 0 | 335,283 |
| TPM MANAGEMENT FEES | 37,127 | 0 | 0 | 7,104 |
| INVESTMENT MGMT FEES - LPS | 233,867 | 181,288 | 231,852 | 0 |
| CONSULTING SERVICE FEES | 220,660 | 0 | 0 | 220,660 |
| SECURITY SERVICES | 76,428 | 0 | 0 | 71,238 |
| PRODUCTION SERVICES | 79,475 | 0 | 0 | 80,590 |
| TECHNOLOGY SERVICES | 23,033 | 0 | 0 | 75,132 |
| CONCIERGE SERVICES | 8,158 | 0 | 0 | 19,828 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| 9 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 354,226 | 0 | 0 | 373,598 |
| FEDERAL EXCISE TAXES | 25,800 | 0 | 0 | 0 |
| FEDERAL UBI TAXES | 133,382 | 0 | 0 | 0 |
| STATE UBI TAXES | 1,840 | 0 | 0 | 0 |
| SALES TAX | 328 | 0 | 0 | 328 |