-
TIN:
Form
990-T
Department of the Treasury
Internal Revenue Service
Exempt Organization Business Income Tax Return
(and proxy tax under section 6033(e))
For calendar year 2024 or other tax year beginning
07-01-2024
and ending
06-30-2025
Go to
www.irs.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
24
Open to Public Inspection for 501(c)(3) Organizations Only
A
Check box if address changed.
B
Exempt under section
501(
c3
)
408(e)
220(e)
408A
530(a)
529(a)
529A
Print or Type
Name of organization (
Check box if name changed and see instructions.)
UNIVERSITY OF CHICAGO
Number, street, and room or suite no. If a P.O. box, see instructions.
6054 S DREXEL AVENUE
City or town, state or province, and ZIP or foreign postal code
CHICAGO
,
IL
60637
C
Book value of all assets at end of year
.....
15,809,478,980
D
Employer identification number
36-2177139
E
Group exemption number
(see instructions)
F
Check box if an amended return.
G
Check organization type
501(c) corporation
501(c) trust
401(a) trust
Other trust
State college/university
6417(d)(1)(A) Applicable entity
H
Check if filing only to claim
Credit from Form 8941
Refund shown on Form 2439
Elective payment amount from Form 3800
I
Check if a 501(c)(3) organization filing a consolidated return with a 501(c)(2) titleholding corporation
.........
J
Enter the number of attached Schedules A (Form 990-T)
List of Attached Documents:
// Content
...............
10
K
During the tax year, was the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group?
...
Yes
No
If "Yes," enter the name and identifying number of the parent corporation
L
The books are in care of
JENNIE BENNETT
6054 S DREXEL AVENUE
CHICAGO
,
IL
60637
Telephone number
(773) 834-5819
Part I
Total Unrelated Business Taxable Income
1
Total of unrelated business taxable income computed from all unrelated trades or businesses (see instructions)
..............................
1
14,868,624
2
Reserved
..............................
2
3
Add lines 1 and 2
............................
3
14,868,624
4
Charitable contributions (see instructions for limitation rules)
..............
4
5
Total unrelated business taxable income before net operating losses. Subtract line 4 from line 3
....
5
14,868,624
6
Deduction for net operating loss. See instructions
List of Attached Documents:
// Content
.................
6
14,868,624
7
Total of unrelated business taxable income before specific deduction and section 199A deduction.
Subtract line 6 from line 5
.........................
7
8
Specific deduction (generally $1,000, but see instructions for exceptions)
..........
8
0
9
Trusts.
Section 199A deduction. See instructions
.................
9
10
Total deductions.
Add lines 8 and 9
......................
10
0
11
Unrelated business taxable income.
Subtract line 10 from line 7. If line 10 is greater than line 7, enter zero
................................
11
0
Part II
Tax Computation
1
Organizations taxable as corporations.
Multiply Part I, line 11 by 21% (0.21)
.......
1
0
2
Trusts taxable at trust rates.
See instructions for tax computation. Income tax on the amount on
Part I, line 11 from:
Tax rate schedule or
Schedule D (Form 1041)
........
2
3
Proxy tax.
See instructions
.......................
3
4a
Amount from Form 4255, Part l, line 3, column (q)
..................
4a
4b
Other tax amounts. See instructions
....................
4b
5
Alternative minimum tax
.........................
5
6
Tax on noncompliant facility income.
See instructions
................
6
7
Total.
Add lines 3 through 6 to line 1 or 2, whichever applies
...............
7
0
Part III
Tax and Payments
1a
Foreign tax credit (corporations attach Form 1118; trusts attach Form 1116)
1a
b
Other credits (see instructions)
..............
1b
c
General business credit. Attach Form 3800 (see instructions)
.....
1c
0
d
Credit for prior year minimum tax (attach Form 8801 or 8827)
....
1d
e
Total credits.
Add lines 1a through 1d
.....................
1e
0
2
Subtract line 1e from Part II, line 7
.......................
2
0
3a
Amount from Form 4255, Part l, line 3, column (r) (see instructions)
..
3a
b
Amount due from Form 8611
...............
3b
c
Amount due from Form 8697
...............
3c
d
Amount due from Form 8866
...............
3d
e
Other amounts due (see instructions)
............
3e
f
Total amounts due. Add lines 3a through 3e
..................
3f
4
Total tax.
Add lines 2 and 3f (see instructions).
Check if includes tax previously deferred under
section 1294. Enter the tax amount here
4
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11291J
Form
990-T
(2024)
Form 990-T (2024)
Page
2
Part III
Tax and Payments
(continued)
5
Current net 965 tax liability paid from Form 965-A, Part II, column (k)
...........
5
6a
Payments: Preceding year's overpayment credited to the current year
..
6a
b
Current Year's estimated tax payments. Check if section 643(g) election applies
6b
c
Tax deposited with Form 8868
..............
6c
d
Foreign organizations: Tax paid or withheld at source (see instructions)
.
6d
e
Backup withholding (see instructions)
............
6e
f
Credit for small employer health insurance premiums (attach Form 8941)
.
6f
g
Elective payment election amount from Form 3800
........
6g
h
Payment from Form 2439
................
6h
i
Credit from Form 4136
.................
6i
j
Other (see instructions)
................
6j
7
Total payments.
Add lines 6a through 6j
.....................
7
8
Estimated tax penalty (see instructions). Check if Form 2220 is attached
........
8
9
Tax due.
If line 7 is smaller than the total of lines 4, 5, and 8, enter amount owed
.......
9
0
10
Overpayment.
If line 7 is larger than the total of lines 4, 5, and 8, enter amount overpaid
....
10
11
Enter the amount of line 10 you want:
Credited to 2025 estimated tax
Refunded
11
Part IV
Statements Regarding Certain Activities and Other Information
(see instructions)
1
At any time during the 2024 calendar year, did the organization have an interest in or a signature or other authority over a financial account (bank, securities, or other) in a foreign country? If "Yes," the organization may have to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts. If "Yes," enter the name of the foreign country here
BG
CH
EG
FR
HK
IN
SN
UK
Yes
No
Yes
2
During the tax year, did the organization receive a distribution from, or was it the grantor of, or transferor to, a foreign trust?
No
If "Yes," see instructions for other forms the organization may have to file.
3
Enter the amount of tax-exempt interest received or accrued during the tax year
.....
$
4
Enter available pre-2018 NOL carryovers here. $
53,336,652
. Do not include any post-2017 NOL carryover shown on Schedule A (Form 990-T). Don't reduce the NOL carryover shown here by any deduction reported on Part I, line 4.
5
Post-2017 NOL carryovers. Enter the Business Activity Code and available post-2017 NOL carryovers. Don't reduce the amounts shown below by any NOL claimed on any Schedule A, Part II, line 17 for the tax year. See instructions.
Business activity code
Available post-2017 NOL carryover
901101
$
57,653,579
530000
$
5,021,813
540000
$
214,397
710000
$
0
420000
$
85,376
230000
$
0
320000
$
0
510000
$
632
6a
Reserved for future use
.................................
b
Reserved for future use
.................................
Part V
Supplemental Information
Provide any additional information. See instructions.
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Signature of officer
Date
Title
May the IRS discuss this return with the preparer shown below (see instructions)?
Yes
No
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
Check
if
self-employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-T
(2024)
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE A
(Form 990-T)
Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business
Go to
www.irs.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
24
Open to Public Inspection for 501(c)(3) Organizations Only
A
Name of the organization
UNIVERSITY OF CHICAGO
B
Employer identification number
36-2177139
C
Unrelated business activity code (see instructions)
901101
D
Sequence:
1
of
10
E
Describe the unrelated trade or business
INVESTMENT ACTIVITIES
Part I
Unrelated Trade or Business Income
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales
61,600
b
Less returns and allowances
c
Balance
1c
61,600
2
Cost of goods sold (Part III, line 8)
.........
2
1,629,802
3
Gross profit. Subtract line 2 from line 1c
.......
3
61,600
61,600
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions)
............
4a
List of Attached Documents:
// Content
7,138,505
7,138,505
b
Net gain (loss) (Form 4797) (attach Form 4797)
(see instructions)
4b
List of Attached Documents:
// Content
4,168,352
4,168,352
c
Capital loss deduction for trusts
4c
5
Income (loss) from a partnership or an S corporation (attach statement)
................
5
List of Attached Documents:
// Content
6,258,155
6,258,155
6
Rent income (Part IV)
.............
6
6,117,891
5,702,966
414,925
7
Unrelated debt-financed income (Part V)
.......
7
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI)
.............
8
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII)
............
9
10
Exploited exempt activity income (Part VIII)
......
10
11
Advertising income (Part IX)
...........
11
17,758
55,796
-38,038
12
Other income (see instructions; attach statement)
....
12
13
Total.
Combine lines 3 through 12
.........
13
17,565,012
0
17,565,012
Part II
Deductions Not Taken Elsewhere
(See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X)
.................
1
2
Salaries and wages
............................
2
4,528,218
3
Repairs and maintenance
..........................
3
4
Bad debts
...............................
4
5
Interest (attach statement) (see instructions)
...................
5
6
Taxes and licenses
.............................
6
141,300
7
Depreciation (attach Form 4562) (see instructions)
.........
7
8
Less depreciation claimed in Part III and elsewhere on return
.....
8a
8b
9
Depletion
...............................
9
10
Contributions to deferred compensation plans
.....................
10
11
Employee benefit programs
..........................
11
12
Excess exempt expenses (Part VIII)
.......................
12
13
Excess readership costs (Part IX)
........................
13
3,395
14
Other deductions (attach statement)
List of Attached Documents:
// Content
......................
14
781,165
15
Total deductions.
Add lines 1 through 14
.....................
15
5,450,683
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
12,114,329
17
Deduction for net operating loss (see instructions)
..................
17
18
Unrelated business taxable income.
Subtract line 17 from line 16
.............
18
12,114,329
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 74036O
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
2
Part III
Cost of Goods Sold
Enter method of inventory valuation
OTHER APPROVED METHOD
1
Inventory at beginning of year
........................
1
2
Purchases
...............................
2
3
Cost of labor
..............................
3
4
Additional section 263A costs (attach statement)
..................
4
5
Other costs (attach statement)
List of Attached Documents:
// Content
........................
5
1,629,802
6
Total.
Add lines 1 through 5
..........................
6
1,629,802
7
Inventory at end of year
...........................
7
8
Cost of goods sold.
Subtract line 7 from line 6. Enter here and in Part I, line 2
..........
8
1,629,802
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
Yes
No
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
BOOTH CONFERENCE CENTER
CHICAGO
,
IL
60637
B
RUBENSTEIN FORUM
CHICAGO
,
IL
60637
C
STUDENT CENTER RENTALS
CHICAGO
,
IL
60637
D
LOGAN CENTER
CHICAGO
,
IL
60637
A
B
C
D
2
Rent received or accrued
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%)
......
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income)
..........
4,362,799
1,646,915
70,845
37,332
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D
.
4,362,799
1,646,915
70,845
37,332
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A)
.
6,117,891
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement)
.
List of Attached Documents:
// Content
3,608,595
List of Attached Documents:
// Content
2,042,181
List of Attached Documents:
// Content
11,686
List of Attached Documents:
// Content
40,504
5
Total deductions.
Add line 4 columns A through D. Enter here and on Part I, line 6, column (B)
.....
5,702,966
Part V
Unrelated Debt-Financed Income
(see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Gross income from or allocable to debt-financed property
........
3
Deductions directly connected with or allocable to debt-financed property
a
Straight line depreciation (attach statement)
b
Other deductions (attach statement)
...
c
Total deductions (add lines 3a and 3b, columns A through D)
..........
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement)
...........
5
Average adjusted basis of or allocable to debt-financed property (attach statement)
...
6
Divide line 4 by line 5
.......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
8
Total gross income
(add line 7, columns A through D). Enter here and on Part I, line 7, column (A)
....
9
Allocable deductions. Multiply line 3c by line 6
10
Total allocable deductions.
Add line 9, columns A through D. Enter here and on Part I, line 7, column (B)
..
11
Total dividends-received deductions
included in line 10
.................
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations
(see instructions)
1.
Name of controlled organization
2.
Employer identification number
Exempt Controlled Organizations
3.
Net unrelated income (loss)
(see instructions)
4.
Total of specified payments made
5.
Part of column 4 that is included
in the controlling organization's
gross income
6.
Deductions directly connected with income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7.
Taxable income
8.
Net unrelated
income (loss)
(see instructions)
9.
Total of specified payments made
10.
Part of column 9
that is included in the
controlling organization's
gross income
11.
Deductions directly connected with
income in column 10
(1)
(2)
(3)
(4)
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals
.........................
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
1.
Description of income
2.
Amount of income
3.
Deductions directly connected
(attach statement)
4.
Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)
(2)
(3)
(4)
Totals
.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income
(see instructions)
1
Description of exploited activity:
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A)
...
2
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B)
...............................
3
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7
.............................
4
5
Gross income from activity that is not unrelated business income
..............
5
6
Expenses attributable to income entered on line 5
...................
6
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12
..........................
7
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
AJE
List of Attached Documents:
// Content
B
AJHE
List of Attached Documents:
// Content
C
AJS
List of Attached Documents:
// Content
D
AA
List of Attached Documents:
// Content
E
AN
List of Attached Documents:
// Content
F
APT
List of Attached Documents:
// Content
G
AD
List of Attached Documents:
// Content
H
IJPS
List of Attached Documents:
// Content
I
BBL
List of Attached Documents:
// Content
J
BASOR
List of Attached Documents:
// Content
K
CP
List of Attached Documents:
// Content
L
BJPS
List of Attached Documents:
// Content
M
CER
List of Attached Documents:
// Content
N
CHS
List of Attached Documents:
// Content
O
CI
List of Attached Documents:
// Content
P
EDCC
List of Attached Documents:
// Content
Q
EH
List of Attached Documents:
// Content
R
EMW
List of Attached Documents:
// Content
S
ESJ
List of Attached Documents:
// Content
T
ELR
List of Attached Documents:
// Content
U
HAU
List of Attached Documents:
// Content
V
ET
List of Attached Documents:
// Content
W
GES
List of Attached Documents:
// Content
X
HOPOS
List of Attached Documents:
// Content
Y
HR
List of Attached Documents:
// Content
Z
FWS
List of Attached Documents:
// Content
AA
IJAL
List of Attached Documents:
// Content
AB
ISIS
List of Attached Documents:
// Content
AC
ITS
List of Attached Documents:
// Content
AD
REEP
List of Attached Documents:
// Content
AE
JAERE
List of Attached Documents:
// Content
AF
JACR
List of Attached Documents:
// Content
AG
JCS
List of Attached Documents:
// Content
AH
JHC
List of Attached Documents:
// Content
AI
JAAH
List of Attached Documents:
// Content
AJ
JOLE
List of Attached Documents:
// Content
AK
JCE
List of Attached Documents:
// Content
AL
MRE
List of Attached Documents:
// Content
AM
JMH
List of Attached Documents:
// Content
AN
JNES
List of Attached Documents:
// Content
AO
JPE
List of Attached Documents:
// Content
AP
JP
List of Attached Documents:
// Content
AQ
JR
List of Attached Documents:
// Content
AR
NTJ
List of Attached Documents:
// Content
AS
LQ
List of Attached Documents:
// Content
AT
NEA
List of Attached Documents:
// Content
AU
PBSA
List of Attached Documents:
// Content
AV
MP
List of Attached Documents:
// Content
AW
JWCI
List of Attached Documents:
// Content
AX
SPECULUM
List of Attached Documents:
// Content
AY
HOH
List of Attached Documents:
// Content
AZ
JAR
List of Attached Documents:
// Content
BA
OSIRIS
List of Attached Documents:
// Content
BB
PBZ
List of Attached Documents:
// Content
BC
POLITY
List of Attached Documents:
// Content
BD
QRB
List of Attached Documents:
// Content
BE
SI
List of Attached Documents:
// Content
BF
SCHL
List of Attached Documents:
// Content
BG
MAR
List of Attached Documents:
// Content
BH
SSWR
List of Attached Documents:
// Content
BI
TCJ
List of Attached Documents:
// Content
BJ
SOU
List of Attached Documents:
// Content
BK
RD
List of Attached Documents:
// Content
BL
W86
List of Attached Documents:
// Content
BM
WP
List of Attached Documents:
// Content
BN
RES
List of Attached Documents:
// Content
BO
SPS
List of Attached Documents:
// Content
BP
SHAD
List of Attached Documents:
// Content
BQ
TWC
List of Attached Documents:
// Content
BR
TRA
List of Attached Documents:
// Content
BS
SCJ
List of Attached Documents:
// Content
BT
CA
List of Attached Documents:
// Content
BU
JG
List of Attached Documents:
// Content
BV
JLE
List of Attached Documents:
// Content
BW
JLS
List of Attached Documents:
// Content
BX
POG
List of Attached Documents:
// Content
BY
JPEMIC
List of Attached Documents:
// Content
BZ
JPEMAC
List of Attached Documents:
// Content
CA
SSR
List of Attached Documents:
// Content
Enter amounts for each periodical listed above in the corresponding column.
A
B
C
D
2
Gross advertising income
......
0
0
578
438
E
F
G
H
2
Gross advertising income
......
160
200
0
0
I
J
K
L
2
Gross advertising income
......
0
0
0
0
M
N
O
P
2
Gross advertising income
......
0
100
945
0
Q
R
S
T
2
Gross advertising income
......
1,525
0
560
0
U
V
W
X
2
Gross advertising income
......
0
0
125
0
Y
Z
AA
AB
2
Gross advertising income
......
0
0
0
733
AC
AD
AE
AF
2
Gross advertising income
......
0
0
0
0
AG
AH
AI
AJ
2
Gross advertising income
......
0
0
3,835
0
AK
AL
AM
AN
2
Gross advertising income
......
0
0
225
0
AO
AP
AQ
AR
2
Gross advertising income
......
0
0
0
0
AS
AT
AU
AV
2
Gross advertising income
......
0
0
300
180
AW
AX
AY
AZ
2
Gross advertising income
......
180
4,623
100
0
BA
BB
BC
BD
2
Gross advertising income
......
0
0
0
0
BE
BF
BG
BH
2
Gross advertising income
......
1,155
0
0
280
BI
BJ
BK
BL
2
Gross advertising income
......
0
0
350
0
BM
BN
BO
BP
2
Gross advertising income
......
263
0
0
0
BQ
BR
BS
BT
2
Gross advertising income
......
0
0
360
543
BU
BV
BW
BX
2
Gross advertising income
......
0
0
0
0
BY
BZ
CA
CB
2
Gross advertising income
......
0
0
0
a
Add columns A through D. Enter here and on Part I, line 11, column (A)
.............
17,758
A
B
C
D
3
Direct advertising costs by periodical
..
290
332
1,284
767
E
F
G
H
3
Direct advertising costs by periodical
..
2,246
671
653
983
I
J
K
L
3
Direct advertising costs by periodical
..
443
275
1,075
787
M
N
O
P
3
Direct advertising costs by periodical
..
1,012
423
1,571
333
Q
R
S
T
3
Direct advertising costs by periodical
..
1,669
275
661
362
U
V
W
X
3
Direct advertising costs by periodical
..
335
487
985
275
Y
Z
AA
AB
3
Direct advertising costs by periodical
..
626
119
691
1,862
AC
AD
AE
AF
3
Direct advertising costs by periodical
..
357
197
0
270
AG
AH
AI
AJ
3
Direct advertising costs by periodical
..
221
724
3,125
495
AK
AL
AM
AN
3
Direct advertising costs by periodical
..
585
474
1,218
328
AO
AP
AQ
AR
3
Direct advertising costs by periodical
..
1,248
420
821
598
AS
AT
AU
AV
3
Direct advertising costs by periodical
..
512
3,691
1,003
1,103
AW
AX
AY
AZ
3
Direct advertising costs by periodical
..
0
1,938
216
816
BA
BB
BC
BD
3
Direct advertising costs by periodical
..
0
993
816
584
BE
BF
BG
BH
3
Direct advertising costs by periodical
..
868
339
110
414
BI
BJ
BK
BL
3
Direct advertising costs by periodical
..
326
374
183
1,407
BM
BN
BO
BP
3
Direct advertising costs by periodical
..
584
616
0
305
BQ
BR
BS
BT
3
Direct advertising costs by periodical
..
682
384
1,012
1,567
BU
BV
BW
BX
3
Direct advertising costs by periodical
..
145
376
358
0
BY
BZ
CA
CB
3
Direct advertising costs by periodical
..
445
520
536
a
Add columns A through D. Enter here and on Part I, line 11, column (B)
.............
55,796
A
B
C
D
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-290
-332
-706
-329
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
E
F
G
H
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-2,086
-471
-653
-983
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
I
J
K
L
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-443
-275
-1,075
-787
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
M
N
O
P
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,012
-323
-626
-333
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Q
R
S
T
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-144
-275
-101
-362
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
U
V
W
X
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-335
-487
-860
-275
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Y
Z
AA
AB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-626
-119
-691
-1,129
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AC
AD
AE
AF
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-357
-197
0
-270
5
Readership costs
........
264,201
6
Circulation income
........
274,485
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AG
AH
AI
AJ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-221
-724
710
-495
5
Readership costs
........
373,370
6
Circulation income
........
295,848
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
77,522
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
710
AK
AL
AM
AN
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-585
-474
-993
-328
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AO
AP
AQ
AR
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,248
-420
-821
-598
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AS
AT
AU
AV
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-512
-3,691
-703
-923
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AW
AX
AY
AZ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
180
2,685
-116
-816
5
Readership costs
........
107,402
416,542
6
Circulation income
........
150,492
215,919
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
200,623
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
2,685
BA
BB
BC
BD
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
0
-993
-816
-584
5
Readership costs
........
34,419
6
Circulation income
........
13,467
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
20,952
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BE
BF
BG
BH
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
287
-339
-110
-134
5
Readership costs
........
248,751
6
Circulation income
........
478,095
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BI
BJ
BK
BL
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-326
-374
167
-1,407
5
Readership costs
........
58,875
6
Circulation income
........
68,475
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BM
BN
BO
BP
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-321
-616
0
-305
5
Readership costs
........
35,461
6
Circulation income
........
73,133
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BQ
BR
BS
BT
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-682
-384
-652
-1,024
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BU
BV
BW
BX
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-145
-376
-358
0
5
Readership costs
........
26,516
6
Circulation income
........
25,945
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
571
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BY
BZ
CA
CB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-445
-520
-536
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
a
Add line 8, columns A through D. Enter the greater of the line 8a, columns total or zero here and on Part II, line 13
3,395
Part X
Compensation of Officers, Directors, and Trustees
(see instructions)
1.
Name
2.
Title
3.
Percentage
of time devoted
to business
4.
Compensation
attributable to
unrelated business
(1)
(2)
(3)
(4)
Total.
Enter here and on Part II, line 1
.........................
Part XI
Supplemental Information
(see instructions)
Schedule A (Form 990-T) 2024
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE A
(Form 990-T)
Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business
Go to
www.irs.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
24
Open to Public Inspection for 501(c)(3) Organizations Only
A
Name of the organization
UNIVERSITY OF CHICAGO
B
Employer identification number
36-2177139
C
Unrelated business activity code (see instructions)
901101
D
Sequence:
1
of
10
E
Describe the unrelated trade or business
INVESTMENT ACTIVITIES
Part I
Unrelated Trade or Business Income
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales
61,600
b
Less returns and allowances
c
Balance
1c
61,600
2
Cost of goods sold (Part III, line 8)
.........
2
1,629,802
3
Gross profit. Subtract line 2 from line 1c
.......
3
61,600
61,600
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions)
............
4a
List of Attached Documents:
// Content
7,138,505
7,138,505
b
Net gain (loss) (Form 4797) (attach Form 4797)
(see instructions)
4b
List of Attached Documents:
// Content
4,168,352
4,168,352
c
Capital loss deduction for trusts
4c
5
Income (loss) from a partnership or an S corporation (attach statement)
................
5
List of Attached Documents:
// Content
6,258,155
6,258,155
6
Rent income (Part IV)
.............
6
6,117,891
5,702,966
414,925
7
Unrelated debt-financed income (Part V)
.......
7
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI)
.............
8
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII)
............
9
10
Exploited exempt activity income (Part VIII)
......
10
11
Advertising income (Part IX)
...........
11
17,758
55,796
-38,038
12
Other income (see instructions; attach statement)
....
12
13
Total.
Combine lines 3 through 12
.........
13
17,565,012
0
17,565,012
Part II
Deductions Not Taken Elsewhere
(See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X)
.................
1
2
Salaries and wages
............................
2
4,528,218
3
Repairs and maintenance
..........................
3
4
Bad debts
...............................
4
5
Interest (attach statement) (see instructions)
...................
5
6
Taxes and licenses
.............................
6
141,300
7
Depreciation (attach Form 4562) (see instructions)
.........
7
8
Less depreciation claimed in Part III and elsewhere on return
.....
8a
8b
9
Depletion
...............................
9
10
Contributions to deferred compensation plans
.....................
10
11
Employee benefit programs
..........................
11
12
Excess exempt expenses (Part VIII)
.......................
12
13
Excess readership costs (Part IX)
........................
13
3,395
14
Other deductions (attach statement)
List of Attached Documents:
// Content
......................
14
781,165
15
Total deductions.
Add lines 1 through 14
.....................
15
5,450,683
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
12,114,329
17
Deduction for net operating loss (see instructions)
..................
17
18
Unrelated business taxable income.
Subtract line 17 from line 16
.............
18
12,114,329
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 74036O
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
2
Part III
Cost of Goods Sold
Enter method of inventory valuation
OTHER APPROVED METHOD
1
Inventory at beginning of year
........................
1
2
Purchases
...............................
2
3
Cost of labor
..............................
3
4
Additional section 263A costs (attach statement)
..................
4
5
Other costs (attach statement)
List of Attached Documents:
// Content
........................
5
1,629,802
6
Total.
Add lines 1 through 5
..........................
6
1,629,802
7
Inventory at end of year
...........................
7
8
Cost of goods sold.
Subtract line 7 from line 6. Enter here and in Part I, line 2
..........
8
1,629,802
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
Yes
No
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
BOOTH CONFERENCE CENTER
CHICAGO
,
IL
60637
B
RUBENSTEIN FORUM
CHICAGO
,
IL
60637
C
STUDENT CENTER RENTALS
CHICAGO
,
IL
60637
D
LOGAN CENTER
CHICAGO
,
IL
60637
A
B
C
D
2
Rent received or accrued
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%)
......
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income)
..........
4,362,799
1,646,915
70,845
37,332
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D
.
4,362,799
1,646,915
70,845
37,332
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A)
.
6,117,891
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement)
.
List of Attached Documents:
// Content
3,608,595
List of Attached Documents:
// Content
2,042,181
List of Attached Documents:
// Content
11,686
List of Attached Documents:
// Content
40,504
5
Total deductions.
Add line 4 columns A through D. Enter here and on Part I, line 6, column (B)
.....
5,702,966
Part V
Unrelated Debt-Financed Income
(see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Gross income from or allocable to debt-financed property
........
3
Deductions directly connected with or allocable to debt-financed property
a
Straight line depreciation (attach statement)
b
Other deductions (attach statement)
...
c
Total deductions (add lines 3a and 3b, columns A through D)
..........
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement)
...........
5
Average adjusted basis of or allocable to debt-financed property (attach statement)
...
6
Divide line 4 by line 5
.......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
8
Total gross income
(add line 7, columns A through D). Enter here and on Part I, line 7, column (A)
....
9
Allocable deductions. Multiply line 3c by line 6
10
Total allocable deductions.
Add line 9, columns A through D. Enter here and on Part I, line 7, column (B)
..
11
Total dividends-received deductions
included in line 10
.................
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations
(see instructions)
1.
Name of controlled organization
2.
Employer identification number
Exempt Controlled Organizations
3.
Net unrelated income (loss)
(see instructions)
4.
Total of specified payments made
5.
Part of column 4 that is included
in the controlling organization's
gross income
6.
Deductions directly connected with income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7.
Taxable income
8.
Net unrelated
income (loss)
(see instructions)
9.
Total of specified payments made
10.
Part of column 9
that is included in the
controlling organization's
gross income
11.
Deductions directly connected with
income in column 10
(1)
(2)
(3)
(4)
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals
.........................
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
1.
Description of income
2.
Amount of income
3.
Deductions directly connected
(attach statement)
4.
Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)
(2)
(3)
(4)
Totals
.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income
(see instructions)
1
Description of exploited activity:
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A)
...
2
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B)
...............................
3
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7
.............................
4
5
Gross income from activity that is not unrelated business income
..............
5
6
Expenses attributable to income entered on line 5
...................
6
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12
..........................
7
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
AJE
List of Attached Documents:
// Content
B
AJHE
List of Attached Documents:
// Content
C
AJS
List of Attached Documents:
// Content
D
AA
List of Attached Documents:
// Content
E
AN
List of Attached Documents:
// Content
F
APT
List of Attached Documents:
// Content
G
AD
List of Attached Documents:
// Content
H
IJPS
List of Attached Documents:
// Content
I
BBL
List of Attached Documents:
// Content
J
BASOR
List of Attached Documents:
// Content
K
CP
List of Attached Documents:
// Content
L
BJPS
List of Attached Documents:
// Content
M
CER
List of Attached Documents:
// Content
N
CHS
List of Attached Documents:
// Content
O
CI
List of Attached Documents:
// Content
P
EDCC
List of Attached Documents:
// Content
Q
EH
List of Attached Documents:
// Content
R
EMW
List of Attached Documents:
// Content
S
ESJ
List of Attached Documents:
// Content
T
ELR
List of Attached Documents:
// Content
U
HAU
List of Attached Documents:
// Content
V
ET
List of Attached Documents:
// Content
W
GES
List of Attached Documents:
// Content
X
HOPOS
List of Attached Documents:
// Content
Y
HR
List of Attached Documents:
// Content
Z
FWS
List of Attached Documents:
// Content
AA
IJAL
List of Attached Documents:
// Content
AB
ISIS
List of Attached Documents:
// Content
AC
ITS
List of Attached Documents:
// Content
AD
REEP
List of Attached Documents:
// Content
AE
JAERE
List of Attached Documents:
// Content
AF
JACR
List of Attached Documents:
// Content
AG
JCS
List of Attached Documents:
// Content
AH
JHC
List of Attached Documents:
// Content
AI
JAAH
List of Attached Documents:
// Content
AJ
JOLE
List of Attached Documents:
// Content
AK
JCE
List of Attached Documents:
// Content
AL
MRE
List of Attached Documents:
// Content
AM
JMH
List of Attached Documents:
// Content
AN
JNES
List of Attached Documents:
// Content
AO
JPE
List of Attached Documents:
// Content
AP
JP
List of Attached Documents:
// Content
AQ
JR
List of Attached Documents:
// Content
AR
NTJ
List of Attached Documents:
// Content
AS
LQ
List of Attached Documents:
// Content
AT
NEA
List of Attached Documents:
// Content
AU
PBSA
List of Attached Documents:
// Content
AV
MP
List of Attached Documents:
// Content
AW
JWCI
List of Attached Documents:
// Content
AX
SPECULUM
List of Attached Documents:
// Content
AY
HOH
List of Attached Documents:
// Content
AZ
JAR
List of Attached Documents:
// Content
BA
OSIRIS
List of Attached Documents:
// Content
BB
PBZ
List of Attached Documents:
// Content
BC
POLITY
List of Attached Documents:
// Content
BD
QRB
List of Attached Documents:
// Content
BE
SI
List of Attached Documents:
// Content
BF
SCHL
List of Attached Documents:
// Content
BG
MAR
List of Attached Documents:
// Content
BH
SSWR
List of Attached Documents:
// Content
BI
TCJ
List of Attached Documents:
// Content
BJ
SOU
List of Attached Documents:
// Content
BK
RD
List of Attached Documents:
// Content
BL
W86
List of Attached Documents:
// Content
BM
WP
List of Attached Documents:
// Content
BN
RES
List of Attached Documents:
// Content
BO
SPS
List of Attached Documents:
// Content
BP
SHAD
List of Attached Documents:
// Content
BQ
TWC
List of Attached Documents:
// Content
BR
TRA
List of Attached Documents:
// Content
BS
SCJ
List of Attached Documents:
// Content
BT
CA
List of Attached Documents:
// Content
BU
JG
List of Attached Documents:
// Content
BV
JLE
List of Attached Documents:
// Content
BW
JLS
List of Attached Documents:
// Content
BX
POG
List of Attached Documents:
// Content
BY
JPEMIC
List of Attached Documents:
// Content
BZ
JPEMAC
List of Attached Documents:
// Content
CA
SSR
List of Attached Documents:
// Content
Enter amounts for each periodical listed above in the corresponding column.
A
B
C
D
2
Gross advertising income
......
0
0
578
438
E
F
G
H
2
Gross advertising income
......
160
200
0
0
I
J
K
L
2
Gross advertising income
......
0
0
0
0
M
N
O
P
2
Gross advertising income
......
0
100
945
0
Q
R
S
T
2
Gross advertising income
......
1,525
0
560
0
U
V
W
X
2
Gross advertising income
......
0
0
125
0
Y
Z
AA
AB
2
Gross advertising income
......
0
0
0
733
AC
AD
AE
AF
2
Gross advertising income
......
0
0
0
0
AG
AH
AI
AJ
2
Gross advertising income
......
0
0
3,835
0
AK
AL
AM
AN
2
Gross advertising income
......
0
0
225
0
AO
AP
AQ
AR
2
Gross advertising income
......
0
0
0
0
AS
AT
AU
AV
2
Gross advertising income
......
0
0
300
180
AW
AX
AY
AZ
2
Gross advertising income
......
180
4,623
100
0
BA
BB
BC
BD
2
Gross advertising income
......
0
0
0
0
BE
BF
BG
BH
2
Gross advertising income
......
1,155
0
0
280
BI
BJ
BK
BL
2
Gross advertising income
......
0
0
350
0
BM
BN
BO
BP
2
Gross advertising income
......
263
0
0
0
BQ
BR
BS
BT
2
Gross advertising income
......
0
0
360
543
BU
BV
BW
BX
2
Gross advertising income
......
0
0
0
0
BY
BZ
CA
CB
2
Gross advertising income
......
0
0
0
a
Add columns A through D. Enter here and on Part I, line 11, column (A)
.............
17,758
A
B
C
D
3
Direct advertising costs by periodical
..
290
332
1,284
767
E
F
G
H
3
Direct advertising costs by periodical
..
2,246
671
653
983
I
J
K
L
3
Direct advertising costs by periodical
..
443
275
1,075
787
M
N
O
P
3
Direct advertising costs by periodical
..
1,012
423
1,571
333
Q
R
S
T
3
Direct advertising costs by periodical
..
1,669
275
661
362
U
V
W
X
3
Direct advertising costs by periodical
..
335
487
985
275
Y
Z
AA
AB
3
Direct advertising costs by periodical
..
626
119
691
1,862
AC
AD
AE
AF
3
Direct advertising costs by periodical
..
357
197
0
270
AG
AH
AI
AJ
3
Direct advertising costs by periodical
..
221
724
3,125
495
AK
AL
AM
AN
3
Direct advertising costs by periodical
..
585
474
1,218
328
AO
AP
AQ
AR
3
Direct advertising costs by periodical
..
1,248
420
821
598
AS
AT
AU
AV
3
Direct advertising costs by periodical
..
512
3,691
1,003
1,103
AW
AX
AY
AZ
3
Direct advertising costs by periodical
..
0
1,938
216
816
BA
BB
BC
BD
3
Direct advertising costs by periodical
..
0
993
816
584
BE
BF
BG
BH
3
Direct advertising costs by periodical
..
868
339
110
414
BI
BJ
BK
BL
3
Direct advertising costs by periodical
..
326
374
183
1,407
BM
BN
BO
BP
3
Direct advertising costs by periodical
..
584
616
0
305
BQ
BR
BS
BT
3
Direct advertising costs by periodical
..
682
384
1,012
1,567
BU
BV
BW
BX
3
Direct advertising costs by periodical
..
145
376
358
0
BY
BZ
CA
CB
3
Direct advertising costs by periodical
..
445
520
536
a
Add columns A through D. Enter here and on Part I, line 11, column (B)
.............
55,796
A
B
C
D
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-290
-332
-706
-329
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
E
F
G
H
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-2,086
-471
-653
-983
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
I
J
K
L
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-443
-275
-1,075
-787
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
M
N
O
P
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,012
-323
-626
-333
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Q
R
S
T
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-144
-275
-101
-362
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
U
V
W
X
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-335
-487
-860
-275
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Y
Z
AA
AB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-626
-119
-691
-1,129
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AC
AD
AE
AF
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-357
-197
0
-270
5
Readership costs
........
264,201
6
Circulation income
........
274,485
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AG
AH
AI
AJ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-221
-724
710
-495
5
Readership costs
........
373,370
6
Circulation income
........
295,848
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
77,522
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
710
AK
AL
AM
AN
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-585
-474
-993
-328
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AO
AP
AQ
AR
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,248
-420
-821
-598
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AS
AT
AU
AV
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-512
-3,691
-703
-923
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AW
AX
AY
AZ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
180
2,685
-116
-816
5
Readership costs
........
107,402
416,542
6
Circulation income
........
150,492
215,919
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
200,623
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
2,685
BA
BB
BC
BD
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
0
-993
-816
-584
5
Readership costs
........
34,419
6
Circulation income
........
13,467
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
20,952
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BE
BF
BG
BH
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
287
-339
-110
-134
5
Readership costs
........
248,751
6
Circulation income
........
478,095
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BI
BJ
BK
BL
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-326
-374
167
-1,407
5
Readership costs
........
58,875
6
Circulation income
........
68,475
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BM
BN
BO
BP
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-321
-616
0
-305
5
Readership costs
........
35,461
6
Circulation income
........
73,133
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BQ
BR
BS
BT
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-682
-384
-652
-1,024
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BU
BV
BW
BX
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-145
-376
-358
0
5
Readership costs
........
26,516
6
Circulation income
........
25,945
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
571
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BY
BZ
CA
CB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-445
-520
-536
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
a
Add line 8, columns A through D. Enter the greater of the line 8a, columns total or zero here and on Part II, line 13
3,395
Part X
Compensation of Officers, Directors, and Trustees
(see instructions)
1.
Name
2.
Title
3.
Percentage
of time devoted
to business
4.
Compensation
attributable to
unrelated business
(1)
(2)
(3)
(4)
Total.
Enter here and on Part II, line 1
.........................
Part XI
Supplemental Information
(see instructions)
Schedule A (Form 990-T) 2024
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE A
(Form 990-T)
Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business
Go to
www.irs.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
24
Open to Public Inspection for 501(c)(3) Organizations Only
A
Name of the organization
UNIVERSITY OF CHICAGO
B
Employer identification number
36-2177139
C
Unrelated business activity code (see instructions)
901101
D
Sequence:
1
of
10
E
Describe the unrelated trade or business
INVESTMENT ACTIVITIES
Part I
Unrelated Trade or Business Income
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales
61,600
b
Less returns and allowances
c
Balance
1c
61,600
2
Cost of goods sold (Part III, line 8)
.........
2
1,629,802
3
Gross profit. Subtract line 2 from line 1c
.......
3
61,600
61,600
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions)
............
4a
List of Attached Documents:
// Content
7,138,505
7,138,505
b
Net gain (loss) (Form 4797) (attach Form 4797)
(see instructions)
4b
List of Attached Documents:
// Content
4,168,352
4,168,352
c
Capital loss deduction for trusts
4c
5
Income (loss) from a partnership or an S corporation (attach statement)
................
5
List of Attached Documents:
// Content
6,258,155
6,258,155
6
Rent income (Part IV)
.............
6
6,117,891
5,702,966
414,925
7
Unrelated debt-financed income (Part V)
.......
7
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI)
.............
8
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII)
............
9
10
Exploited exempt activity income (Part VIII)
......
10
11
Advertising income (Part IX)
...........
11
17,758
55,796
-38,038
12
Other income (see instructions; attach statement)
....
12
13
Total.
Combine lines 3 through 12
.........
13
17,565,012
0
17,565,012
Part II
Deductions Not Taken Elsewhere
(See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X)
.................
1
2
Salaries and wages
............................
2
4,528,218
3
Repairs and maintenance
..........................
3
4
Bad debts
...............................
4
5
Interest (attach statement) (see instructions)
...................
5
6
Taxes and licenses
.............................
6
141,300
7
Depreciation (attach Form 4562) (see instructions)
.........
7
8
Less depreciation claimed in Part III and elsewhere on return
.....
8a
8b
9
Depletion
...............................
9
10
Contributions to deferred compensation plans
.....................
10
11
Employee benefit programs
..........................
11
12
Excess exempt expenses (Part VIII)
.......................
12
13
Excess readership costs (Part IX)
........................
13
3,395
14
Other deductions (attach statement)
List of Attached Documents:
// Content
......................
14
781,165
15
Total deductions.
Add lines 1 through 14
.....................
15
5,450,683
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
12,114,329
17
Deduction for net operating loss (see instructions)
..................
17
18
Unrelated business taxable income.
Subtract line 17 from line 16
.............
18
12,114,329
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 74036O
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
2
Part III
Cost of Goods Sold
Enter method of inventory valuation
OTHER APPROVED METHOD
1
Inventory at beginning of year
........................
1
2
Purchases
...............................
2
3
Cost of labor
..............................
3
4
Additional section 263A costs (attach statement)
..................
4
5
Other costs (attach statement)
List of Attached Documents:
// Content
........................
5
1,629,802
6
Total.
Add lines 1 through 5
..........................
6
1,629,802
7
Inventory at end of year
...........................
7
8
Cost of goods sold.
Subtract line 7 from line 6. Enter here and in Part I, line 2
..........
8
1,629,802
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
Yes
No
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
BOOTH CONFERENCE CENTER
CHICAGO
,
IL
60637
B
RUBENSTEIN FORUM
CHICAGO
,
IL
60637
C
STUDENT CENTER RENTALS
CHICAGO
,
IL
60637
D
LOGAN CENTER
CHICAGO
,
IL
60637
A
B
C
D
2
Rent received or accrued
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%)
......
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income)
..........
4,362,799
1,646,915
70,845
37,332
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D
.
4,362,799
1,646,915
70,845
37,332
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A)
.
6,117,891
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement)
.
List of Attached Documents:
// Content
3,608,595
List of Attached Documents:
// Content
2,042,181
List of Attached Documents:
// Content
11,686
List of Attached Documents:
// Content
40,504
5
Total deductions.
Add line 4 columns A through D. Enter here and on Part I, line 6, column (B)
.....
5,702,966
Part V
Unrelated Debt-Financed Income
(see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Gross income from or allocable to debt-financed property
........
3
Deductions directly connected with or allocable to debt-financed property
a
Straight line depreciation (attach statement)
b
Other deductions (attach statement)
...
c
Total deductions (add lines 3a and 3b, columns A through D)
..........
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement)
...........
5
Average adjusted basis of or allocable to debt-financed property (attach statement)
...
6
Divide line 4 by line 5
.......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
8
Total gross income
(add line 7, columns A through D). Enter here and on Part I, line 7, column (A)
....
9
Allocable deductions. Multiply line 3c by line 6
10
Total allocable deductions.
Add line 9, columns A through D. Enter here and on Part I, line 7, column (B)
..
11
Total dividends-received deductions
included in line 10
.................
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations
(see instructions)
1.
Name of controlled organization
2.
Employer identification number
Exempt Controlled Organizations
3.
Net unrelated income (loss)
(see instructions)
4.
Total of specified payments made
5.
Part of column 4 that is included
in the controlling organization's
gross income
6.
Deductions directly connected with income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7.
Taxable income
8.
Net unrelated
income (loss)
(see instructions)
9.
Total of specified payments made
10.
Part of column 9
that is included in the
controlling organization's
gross income
11.
Deductions directly connected with
income in column 10
(1)
(2)
(3)
(4)
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals
.........................
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
1.
Description of income
2.
Amount of income
3.
Deductions directly connected
(attach statement)
4.
Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)
(2)
(3)
(4)
Totals
.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income
(see instructions)
1
Description of exploited activity:
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A)
...
2
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B)
...............................
3
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7
.............................
4
5
Gross income from activity that is not unrelated business income
..............
5
6
Expenses attributable to income entered on line 5
...................
6
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12
..........................
7
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
AJE
List of Attached Documents:
// Content
B
AJHE
List of Attached Documents:
// Content
C
AJS
List of Attached Documents:
// Content
D
AA
List of Attached Documents:
// Content
E
AN
List of Attached Documents:
// Content
F
APT
List of Attached Documents:
// Content
G
AD
List of Attached Documents:
// Content
H
IJPS
List of Attached Documents:
// Content
I
BBL
List of Attached Documents:
// Content
J
BASOR
List of Attached Documents:
// Content
K
CP
List of Attached Documents:
// Content
L
BJPS
List of Attached Documents:
// Content
M
CER
List of Attached Documents:
// Content
N
CHS
List of Attached Documents:
// Content
O
CI
List of Attached Documents:
// Content
P
EDCC
List of Attached Documents:
// Content
Q
EH
List of Attached Documents:
// Content
R
EMW
List of Attached Documents:
// Content
S
ESJ
List of Attached Documents:
// Content
T
ELR
List of Attached Documents:
// Content
U
HAU
List of Attached Documents:
// Content
V
ET
List of Attached Documents:
// Content
W
GES
List of Attached Documents:
// Content
X
HOPOS
List of Attached Documents:
// Content
Y
HR
List of Attached Documents:
// Content
Z
FWS
List of Attached Documents:
// Content
AA
IJAL
List of Attached Documents:
// Content
AB
ISIS
List of Attached Documents:
// Content
AC
ITS
List of Attached Documents:
// Content
AD
REEP
List of Attached Documents:
// Content
AE
JAERE
List of Attached Documents:
// Content
AF
JACR
List of Attached Documents:
// Content
AG
JCS
List of Attached Documents:
// Content
AH
JHC
List of Attached Documents:
// Content
AI
JAAH
List of Attached Documents:
// Content
AJ
JOLE
List of Attached Documents:
// Content
AK
JCE
List of Attached Documents:
// Content
AL
MRE
List of Attached Documents:
// Content
AM
JMH
List of Attached Documents:
// Content
AN
JNES
List of Attached Documents:
// Content
AO
JPE
List of Attached Documents:
// Content
AP
JP
List of Attached Documents:
// Content
AQ
JR
List of Attached Documents:
// Content
AR
NTJ
List of Attached Documents:
// Content
AS
LQ
List of Attached Documents:
// Content
AT
NEA
List of Attached Documents:
// Content
AU
PBSA
List of Attached Documents:
// Content
AV
MP
List of Attached Documents:
// Content
AW
JWCI
List of Attached Documents:
// Content
AX
SPECULUM
List of Attached Documents:
// Content
AY
HOH
List of Attached Documents:
// Content
AZ
JAR
List of Attached Documents:
// Content
BA
OSIRIS
List of Attached Documents:
// Content
BB
PBZ
List of Attached Documents:
// Content
BC
POLITY
List of Attached Documents:
// Content
BD
QRB
List of Attached Documents:
// Content
BE
SI
List of Attached Documents:
// Content
BF
SCHL
List of Attached Documents:
// Content
BG
MAR
List of Attached Documents:
// Content
BH
SSWR
List of Attached Documents:
// Content
BI
TCJ
List of Attached Documents:
// Content
BJ
SOU
List of Attached Documents:
// Content
BK
RD
List of Attached Documents:
// Content
BL
W86
List of Attached Documents:
// Content
BM
WP
List of Attached Documents:
// Content
BN
RES
List of Attached Documents:
// Content
BO
SPS
List of Attached Documents:
// Content
BP
SHAD
List of Attached Documents:
// Content
BQ
TWC
List of Attached Documents:
// Content
BR
TRA
List of Attached Documents:
// Content
BS
SCJ
List of Attached Documents:
// Content
BT
CA
List of Attached Documents:
// Content
BU
JG
List of Attached Documents:
// Content
BV
JLE
List of Attached Documents:
// Content
BW
JLS
List of Attached Documents:
// Content
BX
POG
List of Attached Documents:
// Content
BY
JPEMIC
List of Attached Documents:
// Content
BZ
JPEMAC
List of Attached Documents:
// Content
CA
SSR
List of Attached Documents:
// Content
Enter amounts for each periodical listed above in the corresponding column.
A
B
C
D
2
Gross advertising income
......
0
0
578
438
E
F
G
H
2
Gross advertising income
......
160
200
0
0
I
J
K
L
2
Gross advertising income
......
0
0
0
0
M
N
O
P
2
Gross advertising income
......
0
100
945
0
Q
R
S
T
2
Gross advertising income
......
1,525
0
560
0
U
V
W
X
2
Gross advertising income
......
0
0
125
0
Y
Z
AA
AB
2
Gross advertising income
......
0
0
0
733
AC
AD
AE
AF
2
Gross advertising income
......
0
0
0
0
AG
AH
AI
AJ
2
Gross advertising income
......
0
0
3,835
0
AK
AL
AM
AN
2
Gross advertising income
......
0
0
225
0
AO
AP
AQ
AR
2
Gross advertising income
......
0
0
0
0
AS
AT
AU
AV
2
Gross advertising income
......
0
0
300
180
AW
AX
AY
AZ
2
Gross advertising income
......
180
4,623
100
0
BA
BB
BC
BD
2
Gross advertising income
......
0
0
0
0
BE
BF
BG
BH
2
Gross advertising income
......
1,155
0
0
280
BI
BJ
BK
BL
2
Gross advertising income
......
0
0
350
0
BM
BN
BO
BP
2
Gross advertising income
......
263
0
0
0
BQ
BR
BS
BT
2
Gross advertising income
......
0
0
360
543
BU
BV
BW
BX
2
Gross advertising income
......
0
0
0
0
BY
BZ
CA
CB
2
Gross advertising income
......
0
0
0
a
Add columns A through D. Enter here and on Part I, line 11, column (A)
.............
17,758
A
B
C
D
3
Direct advertising costs by periodical
..
290
332
1,284
767
E
F
G
H
3
Direct advertising costs by periodical
..
2,246
671
653
983
I
J
K
L
3
Direct advertising costs by periodical
..
443
275
1,075
787
M
N
O
P
3
Direct advertising costs by periodical
..
1,012
423
1,571
333
Q
R
S
T
3
Direct advertising costs by periodical
..
1,669
275
661
362
U
V
W
X
3
Direct advertising costs by periodical
..
335
487
985
275
Y
Z
AA
AB
3
Direct advertising costs by periodical
..
626
119
691
1,862
AC
AD
AE
AF
3
Direct advertising costs by periodical
..
357
197
0
270
AG
AH
AI
AJ
3
Direct advertising costs by periodical
..
221
724
3,125
495
AK
AL
AM
AN
3
Direct advertising costs by periodical
..
585
474
1,218
328
AO
AP
AQ
AR
3
Direct advertising costs by periodical
..
1,248
420
821
598
AS
AT
AU
AV
3
Direct advertising costs by periodical
..
512
3,691
1,003
1,103
AW
AX
AY
AZ
3
Direct advertising costs by periodical
..
0
1,938
216
816
BA
BB
BC
BD
3
Direct advertising costs by periodical
..
0
993
816
584
BE
BF
BG
BH
3
Direct advertising costs by periodical
..
868
339
110
414
BI
BJ
BK
BL
3
Direct advertising costs by periodical
..
326
374
183
1,407
BM
BN
BO
BP
3
Direct advertising costs by periodical
..
584
616
0
305
BQ
BR
BS
BT
3
Direct advertising costs by periodical
..
682
384
1,012
1,567
BU
BV
BW
BX
3
Direct advertising costs by periodical
..
145
376
358
0
BY
BZ
CA
CB
3
Direct advertising costs by periodical
..
445
520
536
a
Add columns A through D. Enter here and on Part I, line 11, column (B)
.............
55,796
A
B
C
D
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-290
-332
-706
-329
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
E
F
G
H
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-2,086
-471
-653
-983
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
I
J
K
L
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-443
-275
-1,075
-787
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
M
N
O
P
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,012
-323
-626
-333
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Q
R
S
T
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-144
-275
-101
-362
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
U
V
W
X
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-335
-487
-860
-275
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Y
Z
AA
AB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-626
-119
-691
-1,129
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AC
AD
AE
AF
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-357
-197
0
-270
5
Readership costs
........
264,201
6
Circulation income
........
274,485
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AG
AH
AI
AJ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-221
-724
710
-495
5
Readership costs
........
373,370
6
Circulation income
........
295,848
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
77,522
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
710
AK
AL
AM
AN
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-585
-474
-993
-328
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AO
AP
AQ
AR
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,248
-420
-821
-598
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AS
AT
AU
AV
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-512
-3,691
-703
-923
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AW
AX
AY
AZ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
180
2,685
-116
-816
5
Readership costs
........
107,402
416,542
6
Circulation income
........
150,492
215,919
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
200,623
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
2,685
BA
BB
BC
BD
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
0
-993
-816
-584
5
Readership costs
........
34,419
6
Circulation income
........
13,467
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
20,952
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BE
BF
BG
BH
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
287
-339
-110
-134
5
Readership costs
........
248,751
6
Circulation income
........
478,095
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BI
BJ
BK
BL
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-326
-374
167
-1,407
5
Readership costs
........
58,875
6
Circulation income
........
68,475
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BM
BN
BO
BP
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-321
-616
0
-305
5
Readership costs
........
35,461
6
Circulation income
........
73,133
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BQ
BR
BS
BT
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-682
-384
-652
-1,024
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BU
BV
BW
BX
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-145
-376
-358
0
5
Readership costs
........
26,516
6
Circulation income
........
25,945
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
571
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BY
BZ
CA
CB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-445
-520
-536
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
a
Add line 8, columns A through D. Enter the greater of the line 8a, columns total or zero here and on Part II, line 13
3,395
Part X
Compensation of Officers, Directors, and Trustees
(see instructions)
1.
Name
2.
Title
3.
Percentage
of time devoted
to business
4.
Compensation
attributable to
unrelated business
(1)
(2)
(3)
(4)
Total.
Enter here and on Part II, line 1
.........................
Part XI
Supplemental Information
(see instructions)
Schedule A (Form 990-T) 2024
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE A
(Form 990-T)
Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business
Go to
www.irs.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
24
Open to Public Inspection for 501(c)(3) Organizations Only
A
Name of the organization
UNIVERSITY OF CHICAGO
B
Employer identification number
36-2177139
C
Unrelated business activity code (see instructions)
901101
D
Sequence:
1
of
10
E
Describe the unrelated trade or business
INVESTMENT ACTIVITIES
Part I
Unrelated Trade or Business Income
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales
61,600
b
Less returns and allowances
c
Balance
1c
61,600
2
Cost of goods sold (Part III, line 8)
.........
2
1,629,802
3
Gross profit. Subtract line 2 from line 1c
.......
3
61,600
61,600
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions)
............
4a
List of Attached Documents:
// Content
7,138,505
7,138,505
b
Net gain (loss) (Form 4797) (attach Form 4797)
(see instructions)
4b
List of Attached Documents:
// Content
4,168,352
4,168,352
c
Capital loss deduction for trusts
4c
5
Income (loss) from a partnership or an S corporation (attach statement)
................
5
List of Attached Documents:
// Content
6,258,155
6,258,155
6
Rent income (Part IV)
.............
6
6,117,891
5,702,966
414,925
7
Unrelated debt-financed income (Part V)
.......
7
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI)
.............
8
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII)
............
9
10
Exploited exempt activity income (Part VIII)
......
10
11
Advertising income (Part IX)
...........
11
17,758
55,796
-38,038
12
Other income (see instructions; attach statement)
....
12
13
Total.
Combine lines 3 through 12
.........
13
17,565,012
0
17,565,012
Part II
Deductions Not Taken Elsewhere
(See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X)
.................
1
2
Salaries and wages
............................
2
4,528,218
3
Repairs and maintenance
..........................
3
4
Bad debts
...............................
4
5
Interest (attach statement) (see instructions)
...................
5
6
Taxes and licenses
.............................
6
141,300
7
Depreciation (attach Form 4562) (see instructions)
.........
7
8
Less depreciation claimed in Part III and elsewhere on return
.....
8a
8b
9
Depletion
...............................
9
10
Contributions to deferred compensation plans
.....................
10
11
Employee benefit programs
..........................
11
12
Excess exempt expenses (Part VIII)
.......................
12
13
Excess readership costs (Part IX)
........................
13
3,395
14
Other deductions (attach statement)
List of Attached Documents:
// Content
......................
14
781,165
15
Total deductions.
Add lines 1 through 14
.....................
15
5,450,683
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
12,114,329
17
Deduction for net operating loss (see instructions)
..................
17
18
Unrelated business taxable income.
Subtract line 17 from line 16
.............
18
12,114,329
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 74036O
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
2
Part III
Cost of Goods Sold
Enter method of inventory valuation
OTHER APPROVED METHOD
1
Inventory at beginning of year
........................
1
2
Purchases
...............................
2
3
Cost of labor
..............................
3
4
Additional section 263A costs (attach statement)
..................
4
5
Other costs (attach statement)
List of Attached Documents:
// Content
........................
5
1,629,802
6
Total.
Add lines 1 through 5
..........................
6
1,629,802
7
Inventory at end of year
...........................
7
8
Cost of goods sold.
Subtract line 7 from line 6. Enter here and in Part I, line 2
..........
8
1,629,802
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
Yes
No
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
BOOTH CONFERENCE CENTER
CHICAGO
,
IL
60637
B
RUBENSTEIN FORUM
CHICAGO
,
IL
60637
C
STUDENT CENTER RENTALS
CHICAGO
,
IL
60637
D
LOGAN CENTER
CHICAGO
,
IL
60637
A
B
C
D
2
Rent received or accrued
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%)
......
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income)
..........
4,362,799
1,646,915
70,845
37,332
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D
.
4,362,799
1,646,915
70,845
37,332
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A)
.
6,117,891
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement)
.
List of Attached Documents:
// Content
3,608,595
List of Attached Documents:
// Content
2,042,181
List of Attached Documents:
// Content
11,686
List of Attached Documents:
// Content
40,504
5
Total deductions.
Add line 4 columns A through D. Enter here and on Part I, line 6, column (B)
.....
5,702,966
Part V
Unrelated Debt-Financed Income
(see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Gross income from or allocable to debt-financed property
........
3
Deductions directly connected with or allocable to debt-financed property
a
Straight line depreciation (attach statement)
b
Other deductions (attach statement)
...
c
Total deductions (add lines 3a and 3b, columns A through D)
..........
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement)
...........
5
Average adjusted basis of or allocable to debt-financed property (attach statement)
...
6
Divide line 4 by line 5
.......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
8
Total gross income
(add line 7, columns A through D). Enter here and on Part I, line 7, column (A)
....
9
Allocable deductions. Multiply line 3c by line 6
10
Total allocable deductions.
Add line 9, columns A through D. Enter here and on Part I, line 7, column (B)
..
11
Total dividends-received deductions
included in line 10
.................
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations
(see instructions)
1.
Name of controlled organization
2.
Employer identification number
Exempt Controlled Organizations
3.
Net unrelated income (loss)
(see instructions)
4.
Total of specified payments made
5.
Part of column 4 that is included
in the controlling organization's
gross income
6.
Deductions directly connected with income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7.
Taxable income
8.
Net unrelated
income (loss)
(see instructions)
9.
Total of specified payments made
10.
Part of column 9
that is included in the
controlling organization's
gross income
11.
Deductions directly connected with
income in column 10
(1)
(2)
(3)
(4)
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals
.........................
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
1.
Description of income
2.
Amount of income
3.
Deductions directly connected
(attach statement)
4.
Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)
(2)
(3)
(4)
Totals
.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income
(see instructions)
1
Description of exploited activity:
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A)
...
2
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B)
...............................
3
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7
.............................
4
5
Gross income from activity that is not unrelated business income
..............
5
6
Expenses attributable to income entered on line 5
...................
6
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12
..........................
7
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
AJE
List of Attached Documents:
// Content
B
AJHE
List of Attached Documents:
// Content
C
AJS
List of Attached Documents:
// Content
D
AA
List of Attached Documents:
// Content
E
AN
List of Attached Documents:
// Content
F
APT
List of Attached Documents:
// Content
G
AD
List of Attached Documents:
// Content
H
IJPS
List of Attached Documents:
// Content
I
BBL
List of Attached Documents:
// Content
J
BASOR
List of Attached Documents:
// Content
K
CP
List of Attached Documents:
// Content
L
BJPS
List of Attached Documents:
// Content
M
CER
List of Attached Documents:
// Content
N
CHS
List of Attached Documents:
// Content
O
CI
List of Attached Documents:
// Content
P
EDCC
List of Attached Documents:
// Content
Q
EH
List of Attached Documents:
// Content
R
EMW
List of Attached Documents:
// Content
S
ESJ
List of Attached Documents:
// Content
T
ELR
List of Attached Documents:
// Content
U
HAU
List of Attached Documents:
// Content
V
ET
List of Attached Documents:
// Content
W
GES
List of Attached Documents:
// Content
X
HOPOS
List of Attached Documents:
// Content
Y
HR
List of Attached Documents:
// Content
Z
FWS
List of Attached Documents:
// Content
AA
IJAL
List of Attached Documents:
// Content
AB
ISIS
List of Attached Documents:
// Content
AC
ITS
List of Attached Documents:
// Content
AD
REEP
List of Attached Documents:
// Content
AE
JAERE
List of Attached Documents:
// Content
AF
JACR
List of Attached Documents:
// Content
AG
JCS
List of Attached Documents:
// Content
AH
JHC
List of Attached Documents:
// Content
AI
JAAH
List of Attached Documents:
// Content
AJ
JOLE
List of Attached Documents:
// Content
AK
JCE
List of Attached Documents:
// Content
AL
MRE
List of Attached Documents:
// Content
AM
JMH
List of Attached Documents:
// Content
AN
JNES
List of Attached Documents:
// Content
AO
JPE
List of Attached Documents:
// Content
AP
JP
List of Attached Documents:
// Content
AQ
JR
List of Attached Documents:
// Content
AR
NTJ
List of Attached Documents:
// Content
AS
LQ
List of Attached Documents:
// Content
AT
NEA
List of Attached Documents:
// Content
AU
PBSA
List of Attached Documents:
// Content
AV
MP
List of Attached Documents:
// Content
AW
JWCI
List of Attached Documents:
// Content
AX
SPECULUM
List of Attached Documents:
// Content
AY
HOH
List of Attached Documents:
// Content
AZ
JAR
List of Attached Documents:
// Content
BA
OSIRIS
List of Attached Documents:
// Content
BB
PBZ
List of Attached Documents:
// Content
BC
POLITY
List of Attached Documents:
// Content
BD
QRB
List of Attached Documents:
// Content
BE
SI
List of Attached Documents:
// Content
BF
SCHL
List of Attached Documents:
// Content
BG
MAR
List of Attached Documents:
// Content
BH
SSWR
List of Attached Documents:
// Content
BI
TCJ
List of Attached Documents:
// Content
BJ
SOU
List of Attached Documents:
// Content
BK
RD
List of Attached Documents:
// Content
BL
W86
List of Attached Documents:
// Content
BM
WP
List of Attached Documents:
// Content
BN
RES
List of Attached Documents:
// Content
BO
SPS
List of Attached Documents:
// Content
BP
SHAD
List of Attached Documents:
// Content
BQ
TWC
List of Attached Documents:
// Content
BR
TRA
List of Attached Documents:
// Content
BS
SCJ
List of Attached Documents:
// Content
BT
CA
List of Attached Documents:
// Content
BU
JG
List of Attached Documents:
// Content
BV
JLE
List of Attached Documents:
// Content
BW
JLS
List of Attached Documents:
// Content
BX
POG
List of Attached Documents:
// Content
BY
JPEMIC
List of Attached Documents:
// Content
BZ
JPEMAC
List of Attached Documents:
// Content
CA
SSR
List of Attached Documents:
// Content
Enter amounts for each periodical listed above in the corresponding column.
A
B
C
D
2
Gross advertising income
......
0
0
578
438
E
F
G
H
2
Gross advertising income
......
160
200
0
0
I
J
K
L
2
Gross advertising income
......
0
0
0
0
M
N
O
P
2
Gross advertising income
......
0
100
945
0
Q
R
S
T
2
Gross advertising income
......
1,525
0
560
0
U
V
W
X
2
Gross advertising income
......
0
0
125
0
Y
Z
AA
AB
2
Gross advertising income
......
0
0
0
733
AC
AD
AE
AF
2
Gross advertising income
......
0
0
0
0
AG
AH
AI
AJ
2
Gross advertising income
......
0
0
3,835
0
AK
AL
AM
AN
2
Gross advertising income
......
0
0
225
0
AO
AP
AQ
AR
2
Gross advertising income
......
0
0
0
0
AS
AT
AU
AV
2
Gross advertising income
......
0
0
300
180
AW
AX
AY
AZ
2
Gross advertising income
......
180
4,623
100
0
BA
BB
BC
BD
2
Gross advertising income
......
0
0
0
0
BE
BF
BG
BH
2
Gross advertising income
......
1,155
0
0
280
BI
BJ
BK
BL
2
Gross advertising income
......
0
0
350
0
BM
BN
BO
BP
2
Gross advertising income
......
263
0
0
0
BQ
BR
BS
BT
2
Gross advertising income
......
0
0
360
543
BU
BV
BW
BX
2
Gross advertising income
......
0
0
0
0
BY
BZ
CA
CB
2
Gross advertising income
......
0
0
0
a
Add columns A through D. Enter here and on Part I, line 11, column (A)
.............
17,758
A
B
C
D
3
Direct advertising costs by periodical
..
290
332
1,284
767
E
F
G
H
3
Direct advertising costs by periodical
..
2,246
671
653
983
I
J
K
L
3
Direct advertising costs by periodical
..
443
275
1,075
787
M
N
O
P
3
Direct advertising costs by periodical
..
1,012
423
1,571
333
Q
R
S
T
3
Direct advertising costs by periodical
..
1,669
275
661
362
U
V
W
X
3
Direct advertising costs by periodical
..
335
487
985
275
Y
Z
AA
AB
3
Direct advertising costs by periodical
..
626
119
691
1,862
AC
AD
AE
AF
3
Direct advertising costs by periodical
..
357
197
0
270
AG
AH
AI
AJ
3
Direct advertising costs by periodical
..
221
724
3,125
495
AK
AL
AM
AN
3
Direct advertising costs by periodical
..
585
474
1,218
328
AO
AP
AQ
AR
3
Direct advertising costs by periodical
..
1,248
420
821
598
AS
AT
AU
AV
3
Direct advertising costs by periodical
..
512
3,691
1,003
1,103
AW
AX
AY
AZ
3
Direct advertising costs by periodical
..
0
1,938
216
816
BA
BB
BC
BD
3
Direct advertising costs by periodical
..
0
993
816
584
BE
BF
BG
BH
3
Direct advertising costs by periodical
..
868
339
110
414
BI
BJ
BK
BL
3
Direct advertising costs by periodical
..
326
374
183
1,407
BM
BN
BO
BP
3
Direct advertising costs by periodical
..
584
616
0
305
BQ
BR
BS
BT
3
Direct advertising costs by periodical
..
682
384
1,012
1,567
BU
BV
BW
BX
3
Direct advertising costs by periodical
..
145
376
358
0
BY
BZ
CA
CB
3
Direct advertising costs by periodical
..
445
520
536
a
Add columns A through D. Enter here and on Part I, line 11, column (B)
.............
55,796
A
B
C
D
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-290
-332
-706
-329
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
E
F
G
H
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-2,086
-471
-653
-983
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
I
J
K
L
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-443
-275
-1,075
-787
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
M
N
O
P
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,012
-323
-626
-333
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Q
R
S
T
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-144
-275
-101
-362
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
U
V
W
X
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-335
-487
-860
-275
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Y
Z
AA
AB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-626
-119
-691
-1,129
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AC
AD
AE
AF
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-357
-197
0
-270
5
Readership costs
........
264,201
6
Circulation income
........
274,485
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AG
AH
AI
AJ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-221
-724
710
-495
5
Readership costs
........
373,370
6
Circulation income
........
295,848
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
77,522
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
710
AK
AL
AM
AN
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-585
-474
-993
-328
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AO
AP
AQ
AR
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,248
-420
-821
-598
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AS
AT
AU
AV
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-512
-3,691
-703
-923
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AW
AX
AY
AZ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
180
2,685
-116
-816
5
Readership costs
........
107,402
416,542
6
Circulation income
........
150,492
215,919
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
200,623
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
2,685
BA
BB
BC
BD
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
0
-993
-816
-584
5
Readership costs
........
34,419
6
Circulation income
........
13,467
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
20,952
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BE
BF
BG
BH
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
287
-339
-110
-134
5
Readership costs
........
248,751
6
Circulation income
........
478,095
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BI
BJ
BK
BL
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-326
-374
167
-1,407
5
Readership costs
........
58,875
6
Circulation income
........
68,475
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BM
BN
BO
BP
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-321
-616
0
-305
5
Readership costs
........
35,461
6
Circulation income
........
73,133
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BQ
BR
BS
BT
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-682
-384
-652
-1,024
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BU
BV
BW
BX
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-145
-376
-358
0
5
Readership costs
........
26,516
6
Circulation income
........
25,945
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
571
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BY
BZ
CA
CB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-445
-520
-536
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
a
Add line 8, columns A through D. Enter the greater of the line 8a, columns total or zero here and on Part II, line 13
3,395
Part X
Compensation of Officers, Directors, and Trustees
(see instructions)
1.
Name
2.
Title
3.
Percentage
of time devoted
to business
4.
Compensation
attributable to
unrelated business
(1)
(2)
(3)
(4)
Total.
Enter here and on Part II, line 1
.........................
Part XI
Supplemental Information
(see instructions)
Schedule A (Form 990-T) 2024
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE A
(Form 990-T)
Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business
Go to
www.irs.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
24
Open to Public Inspection for 501(c)(3) Organizations Only
A
Name of the organization
UNIVERSITY OF CHICAGO
B
Employer identification number
36-2177139
C
Unrelated business activity code (see instructions)
901101
D
Sequence:
1
of
10
E
Describe the unrelated trade or business
INVESTMENT ACTIVITIES
Part I
Unrelated Trade or Business Income
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales
61,600
b
Less returns and allowances
c
Balance
1c
61,600
2
Cost of goods sold (Part III, line 8)
.........
2
1,629,802
3
Gross profit. Subtract line 2 from line 1c
.......
3
61,600
61,600
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions)
............
4a
List of Attached Documents:
// Content
7,138,505
7,138,505
b
Net gain (loss) (Form 4797) (attach Form 4797)
(see instructions)
4b
List of Attached Documents:
// Content
4,168,352
4,168,352
c
Capital loss deduction for trusts
4c
5
Income (loss) from a partnership or an S corporation (attach statement)
................
5
List of Attached Documents:
// Content
6,258,155
6,258,155
6
Rent income (Part IV)
.............
6
6,117,891
5,702,966
414,925
7
Unrelated debt-financed income (Part V)
.......
7
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI)
.............
8
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII)
............
9
10
Exploited exempt activity income (Part VIII)
......
10
11
Advertising income (Part IX)
...........
11
17,758
55,796
-38,038
12
Other income (see instructions; attach statement)
....
12
13
Total.
Combine lines 3 through 12
.........
13
17,565,012
0
17,565,012
Part II
Deductions Not Taken Elsewhere
(See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X)
.................
1
2
Salaries and wages
............................
2
4,528,218
3
Repairs and maintenance
..........................
3
4
Bad debts
...............................
4
5
Interest (attach statement) (see instructions)
...................
5
6
Taxes and licenses
.............................
6
141,300
7
Depreciation (attach Form 4562) (see instructions)
.........
7
8
Less depreciation claimed in Part III and elsewhere on return
.....
8a
8b
9
Depletion
...............................
9
10
Contributions to deferred compensation plans
.....................
10
11
Employee benefit programs
..........................
11
12
Excess exempt expenses (Part VIII)
.......................
12
13
Excess readership costs (Part IX)
........................
13
3,395
14
Other deductions (attach statement)
List of Attached Documents:
// Content
......................
14
781,165
15
Total deductions.
Add lines 1 through 14
.....................
15
5,450,683
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
12,114,329
17
Deduction for net operating loss (see instructions)
..................
17
18
Unrelated business taxable income.
Subtract line 17 from line 16
.............
18
12,114,329
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 74036O
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
2
Part III
Cost of Goods Sold
Enter method of inventory valuation
OTHER APPROVED METHOD
1
Inventory at beginning of year
........................
1
2
Purchases
...............................
2
3
Cost of labor
..............................
3
4
Additional section 263A costs (attach statement)
..................
4
5
Other costs (attach statement)
List of Attached Documents:
// Content
........................
5
1,629,802
6
Total.
Add lines 1 through 5
..........................
6
1,629,802
7
Inventory at end of year
...........................
7
8
Cost of goods sold.
Subtract line 7 from line 6. Enter here and in Part I, line 2
..........
8
1,629,802
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
Yes
No
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
BOOTH CONFERENCE CENTER
CHICAGO
,
IL
60637
B
RUBENSTEIN FORUM
CHICAGO
,
IL
60637
C
STUDENT CENTER RENTALS
CHICAGO
,
IL
60637
D
LOGAN CENTER
CHICAGO
,
IL
60637
A
B
C
D
2
Rent received or accrued
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%)
......
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income)
..........
4,362,799
1,646,915
70,845
37,332
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D
.
4,362,799
1,646,915
70,845
37,332
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A)
.
6,117,891
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement)
.
List of Attached Documents:
// Content
3,608,595
List of Attached Documents:
// Content
2,042,181
List of Attached Documents:
// Content
11,686
List of Attached Documents:
// Content
40,504
5
Total deductions.
Add line 4 columns A through D. Enter here and on Part I, line 6, column (B)
.....
5,702,966
Part V
Unrelated Debt-Financed Income
(see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Gross income from or allocable to debt-financed property
........
3
Deductions directly connected with or allocable to debt-financed property
a
Straight line depreciation (attach statement)
b
Other deductions (attach statement)
...
c
Total deductions (add lines 3a and 3b, columns A through D)
..........
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement)
...........
5
Average adjusted basis of or allocable to debt-financed property (attach statement)
...
6
Divide line 4 by line 5
.......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
8
Total gross income
(add line 7, columns A through D). Enter here and on Part I, line 7, column (A)
....
9
Allocable deductions. Multiply line 3c by line 6
10
Total allocable deductions.
Add line 9, columns A through D. Enter here and on Part I, line 7, column (B)
..
11
Total dividends-received deductions
included in line 10
.................
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations
(see instructions)
1.
Name of controlled organization
2.
Employer identification number
Exempt Controlled Organizations
3.
Net unrelated income (loss)
(see instructions)
4.
Total of specified payments made
5.
Part of column 4 that is included
in the controlling organization's
gross income
6.
Deductions directly connected with income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7.
Taxable income
8.
Net unrelated
income (loss)
(see instructions)
9.
Total of specified payments made
10.
Part of column 9
that is included in the
controlling organization's
gross income
11.
Deductions directly connected with
income in column 10
(1)
(2)
(3)
(4)
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals
.........................
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
1.
Description of income
2.
Amount of income
3.
Deductions directly connected
(attach statement)
4.
Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)
(2)
(3)
(4)
Totals
.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income
(see instructions)
1
Description of exploited activity:
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A)
...
2
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B)
...............................
3
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7
.............................
4
5
Gross income from activity that is not unrelated business income
..............
5
6
Expenses attributable to income entered on line 5
...................
6
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12
..........................
7
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
AJE
List of Attached Documents:
// Content
B
AJHE
List of Attached Documents:
// Content
C
AJS
List of Attached Documents:
// Content
D
AA
List of Attached Documents:
// Content
E
AN
List of Attached Documents:
// Content
F
APT
List of Attached Documents:
// Content
G
AD
List of Attached Documents:
// Content
H
IJPS
List of Attached Documents:
// Content
I
BBL
List of Attached Documents:
// Content
J
BASOR
List of Attached Documents:
// Content
K
CP
List of Attached Documents:
// Content
L
BJPS
List of Attached Documents:
// Content
M
CER
List of Attached Documents:
// Content
N
CHS
List of Attached Documents:
// Content
O
CI
List of Attached Documents:
// Content
P
EDCC
List of Attached Documents:
// Content
Q
EH
List of Attached Documents:
// Content
R
EMW
List of Attached Documents:
// Content
S
ESJ
List of Attached Documents:
// Content
T
ELR
List of Attached Documents:
// Content
U
HAU
List of Attached Documents:
// Content
V
ET
List of Attached Documents:
// Content
W
GES
List of Attached Documents:
// Content
X
HOPOS
List of Attached Documents:
// Content
Y
HR
List of Attached Documents:
// Content
Z
FWS
List of Attached Documents:
// Content
AA
IJAL
List of Attached Documents:
// Content
AB
ISIS
List of Attached Documents:
// Content
AC
ITS
List of Attached Documents:
// Content
AD
REEP
List of Attached Documents:
// Content
AE
JAERE
List of Attached Documents:
// Content
AF
JACR
List of Attached Documents:
// Content
AG
JCS
List of Attached Documents:
// Content
AH
JHC
List of Attached Documents:
// Content
AI
JAAH
List of Attached Documents:
// Content
AJ
JOLE
List of Attached Documents:
// Content
AK
JCE
List of Attached Documents:
// Content
AL
MRE
List of Attached Documents:
// Content
AM
JMH
List of Attached Documents:
// Content
AN
JNES
List of Attached Documents:
// Content
AO
JPE
List of Attached Documents:
// Content
AP
JP
List of Attached Documents:
// Content
AQ
JR
List of Attached Documents:
// Content
AR
NTJ
List of Attached Documents:
// Content
AS
LQ
List of Attached Documents:
// Content
AT
NEA
List of Attached Documents:
// Content
AU
PBSA
List of Attached Documents:
// Content
AV
MP
List of Attached Documents:
// Content
AW
JWCI
List of Attached Documents:
// Content
AX
SPECULUM
List of Attached Documents:
// Content
AY
HOH
List of Attached Documents:
// Content
AZ
JAR
List of Attached Documents:
// Content
BA
OSIRIS
List of Attached Documents:
// Content
BB
PBZ
List of Attached Documents:
// Content
BC
POLITY
List of Attached Documents:
// Content
BD
QRB
List of Attached Documents:
// Content
BE
SI
List of Attached Documents:
// Content
BF
SCHL
List of Attached Documents:
// Content
BG
MAR
List of Attached Documents:
// Content
BH
SSWR
List of Attached Documents:
// Content
BI
TCJ
List of Attached Documents:
// Content
BJ
SOU
List of Attached Documents:
// Content
BK
RD
List of Attached Documents:
// Content
BL
W86
List of Attached Documents:
// Content
BM
WP
List of Attached Documents:
// Content
BN
RES
List of Attached Documents:
// Content
BO
SPS
List of Attached Documents:
// Content
BP
SHAD
List of Attached Documents:
// Content
BQ
TWC
List of Attached Documents:
// Content
BR
TRA
List of Attached Documents:
// Content
BS
SCJ
List of Attached Documents:
// Content
BT
CA
List of Attached Documents:
// Content
BU
JG
List of Attached Documents:
// Content
BV
JLE
List of Attached Documents:
// Content
BW
JLS
List of Attached Documents:
// Content
BX
POG
List of Attached Documents:
// Content
BY
JPEMIC
List of Attached Documents:
// Content
BZ
JPEMAC
List of Attached Documents:
// Content
CA
SSR
List of Attached Documents:
// Content
Enter amounts for each periodical listed above in the corresponding column.
A
B
C
D
2
Gross advertising income
......
0
0
578
438
E
F
G
H
2
Gross advertising income
......
160
200
0
0
I
J
K
L
2
Gross advertising income
......
0
0
0
0
M
N
O
P
2
Gross advertising income
......
0
100
945
0
Q
R
S
T
2
Gross advertising income
......
1,525
0
560
0
U
V
W
X
2
Gross advertising income
......
0
0
125
0
Y
Z
AA
AB
2
Gross advertising income
......
0
0
0
733
AC
AD
AE
AF
2
Gross advertising income
......
0
0
0
0
AG
AH
AI
AJ
2
Gross advertising income
......
0
0
3,835
0
AK
AL
AM
AN
2
Gross advertising income
......
0
0
225
0
AO
AP
AQ
AR
2
Gross advertising income
......
0
0
0
0
AS
AT
AU
AV
2
Gross advertising income
......
0
0
300
180
AW
AX
AY
AZ
2
Gross advertising income
......
180
4,623
100
0
BA
BB
BC
BD
2
Gross advertising income
......
0
0
0
0
BE
BF
BG
BH
2
Gross advertising income
......
1,155
0
0
280
BI
BJ
BK
BL
2
Gross advertising income
......
0
0
350
0
BM
BN
BO
BP
2
Gross advertising income
......
263
0
0
0
BQ
BR
BS
BT
2
Gross advertising income
......
0
0
360
543
BU
BV
BW
BX
2
Gross advertising income
......
0
0
0
0
BY
BZ
CA
CB
2
Gross advertising income
......
0
0
0
a
Add columns A through D. Enter here and on Part I, line 11, column (A)
.............
17,758
A
B
C
D
3
Direct advertising costs by periodical
..
290
332
1,284
767
E
F
G
H
3
Direct advertising costs by periodical
..
2,246
671
653
983
I
J
K
L
3
Direct advertising costs by periodical
..
443
275
1,075
787
M
N
O
P
3
Direct advertising costs by periodical
..
1,012
423
1,571
333
Q
R
S
T
3
Direct advertising costs by periodical
..
1,669
275
661
362
U
V
W
X
3
Direct advertising costs by periodical
..
335
487
985
275
Y
Z
AA
AB
3
Direct advertising costs by periodical
..
626
119
691
1,862
AC
AD
AE
AF
3
Direct advertising costs by periodical
..
357
197
0
270
AG
AH
AI
AJ
3
Direct advertising costs by periodical
..
221
724
3,125
495
AK
AL
AM
AN
3
Direct advertising costs by periodical
..
585
474
1,218
328
AO
AP
AQ
AR
3
Direct advertising costs by periodical
..
1,248
420
821
598
AS
AT
AU
AV
3
Direct advertising costs by periodical
..
512
3,691
1,003
1,103
AW
AX
AY
AZ
3
Direct advertising costs by periodical
..
0
1,938
216
816
BA
BB
BC
BD
3
Direct advertising costs by periodical
..
0
993
816
584
BE
BF
BG
BH
3
Direct advertising costs by periodical
..
868
339
110
414
BI
BJ
BK
BL
3
Direct advertising costs by periodical
..
326
374
183
1,407
BM
BN
BO
BP
3
Direct advertising costs by periodical
..
584
616
0
305
BQ
BR
BS
BT
3
Direct advertising costs by periodical
..
682
384
1,012
1,567
BU
BV
BW
BX
3
Direct advertising costs by periodical
..
145
376
358
0
BY
BZ
CA
CB
3
Direct advertising costs by periodical
..
445
520
536
a
Add columns A through D. Enter here and on Part I, line 11, column (B)
.............
55,796
A
B
C
D
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-290
-332
-706
-329
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
E
F
G
H
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-2,086
-471
-653
-983
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
I
J
K
L
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-443
-275
-1,075
-787
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
M
N
O
P
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,012
-323
-626
-333
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Q
R
S
T
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-144
-275
-101
-362
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
U
V
W
X
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-335
-487
-860
-275
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Y
Z
AA
AB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-626
-119
-691
-1,129
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AC
AD
AE
AF
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-357
-197
0
-270
5
Readership costs
........
264,201
6
Circulation income
........
274,485
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AG
AH
AI
AJ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-221
-724
710
-495
5
Readership costs
........
373,370
6
Circulation income
........
295,848
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
77,522
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
710
AK
AL
AM
AN
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-585
-474
-993
-328
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AO
AP
AQ
AR
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,248
-420
-821
-598
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AS
AT
AU
AV
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-512
-3,691
-703
-923
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AW
AX
AY
AZ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
180
2,685
-116
-816
5
Readership costs
........
107,402
416,542
6
Circulation income
........
150,492
215,919
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
200,623
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
2,685
BA
BB
BC
BD
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
0
-993
-816
-584
5
Readership costs
........
34,419
6
Circulation income
........
13,467
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
20,952
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BE
BF
BG
BH
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
287
-339
-110
-134
5
Readership costs
........
248,751
6
Circulation income
........
478,095
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BI
BJ
BK
BL
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-326
-374
167
-1,407
5
Readership costs
........
58,875
6
Circulation income
........
68,475
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BM
BN
BO
BP
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-321
-616
0
-305
5
Readership costs
........
35,461
6
Circulation income
........
73,133
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BQ
BR
BS
BT
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-682
-384
-652
-1,024
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BU
BV
BW
BX
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-145
-376
-358
0
5
Readership costs
........
26,516
6
Circulation income
........
25,945
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
571
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BY
BZ
CA
CB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-445
-520
-536
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
a
Add line 8, columns A through D. Enter the greater of the line 8a, columns total or zero here and on Part II, line 13
3,395
Part X
Compensation of Officers, Directors, and Trustees
(see instructions)
1.
Name
2.
Title
3.
Percentage
of time devoted
to business
4.
Compensation
attributable to
unrelated business
(1)
(2)
(3)
(4)
Total.
Enter here and on Part II, line 1
.........................
Part XI
Supplemental Information
(see instructions)
Schedule A (Form 990-T) 2024
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE A
(Form 990-T)
Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business
Go to
www.irs.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
24
Open to Public Inspection for 501(c)(3) Organizations Only
A
Name of the organization
UNIVERSITY OF CHICAGO
B
Employer identification number
36-2177139
C
Unrelated business activity code (see instructions)
901101
D
Sequence:
1
of
10
E
Describe the unrelated trade or business
INVESTMENT ACTIVITIES
Part I
Unrelated Trade or Business Income
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales
61,600
b
Less returns and allowances
c
Balance
1c
61,600
2
Cost of goods sold (Part III, line 8)
.........
2
1,629,802
3
Gross profit. Subtract line 2 from line 1c
.......
3
61,600
61,600
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions)
............
4a
List of Attached Documents:
// Content
7,138,505
7,138,505
b
Net gain (loss) (Form 4797) (attach Form 4797)
(see instructions)
4b
List of Attached Documents:
// Content
4,168,352
4,168,352
c
Capital loss deduction for trusts
4c
5
Income (loss) from a partnership or an S corporation (attach statement)
................
5
List of Attached Documents:
// Content
6,258,155
6,258,155
6
Rent income (Part IV)
.............
6
6,117,891
5,702,966
414,925
7
Unrelated debt-financed income (Part V)
.......
7
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI)
.............
8
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII)
............
9
10
Exploited exempt activity income (Part VIII)
......
10
11
Advertising income (Part IX)
...........
11
17,758
55,796
-38,038
12
Other income (see instructions; attach statement)
....
12
13
Total.
Combine lines 3 through 12
.........
13
17,565,012
0
17,565,012
Part II
Deductions Not Taken Elsewhere
(See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X)
.................
1
2
Salaries and wages
............................
2
4,528,218
3
Repairs and maintenance
..........................
3
4
Bad debts
...............................
4
5
Interest (attach statement) (see instructions)
...................
5
6
Taxes and licenses
.............................
6
141,300
7
Depreciation (attach Form 4562) (see instructions)
.........
7
8
Less depreciation claimed in Part III and elsewhere on return
.....
8a
8b
9
Depletion
...............................
9
10
Contributions to deferred compensation plans
.....................
10
11
Employee benefit programs
..........................
11
12
Excess exempt expenses (Part VIII)
.......................
12
13
Excess readership costs (Part IX)
........................
13
3,395
14
Other deductions (attach statement)
List of Attached Documents:
// Content
......................
14
781,165
15
Total deductions.
Add lines 1 through 14
.....................
15
5,450,683
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
12,114,329
17
Deduction for net operating loss (see instructions)
..................
17
18
Unrelated business taxable income.
Subtract line 17 from line 16
.............
18
12,114,329
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 74036O
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
2
Part III
Cost of Goods Sold
Enter method of inventory valuation
OTHER APPROVED METHOD
1
Inventory at beginning of year
........................
1
2
Purchases
...............................
2
3
Cost of labor
..............................
3
4
Additional section 263A costs (attach statement)
..................
4
5
Other costs (attach statement)
List of Attached Documents:
// Content
........................
5
1,629,802
6
Total.
Add lines 1 through 5
..........................
6
1,629,802
7
Inventory at end of year
...........................
7
8
Cost of goods sold.
Subtract line 7 from line 6. Enter here and in Part I, line 2
..........
8
1,629,802
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
Yes
No
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
BOOTH CONFERENCE CENTER
CHICAGO
,
IL
60637
B
RUBENSTEIN FORUM
CHICAGO
,
IL
60637
C
STUDENT CENTER RENTALS
CHICAGO
,
IL
60637
D
LOGAN CENTER
CHICAGO
,
IL
60637
A
B
C
D
2
Rent received or accrued
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%)
......
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income)
..........
4,362,799
1,646,915
70,845
37,332
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D
.
4,362,799
1,646,915
70,845
37,332
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A)
.
6,117,891
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement)
.
List of Attached Documents:
// Content
3,608,595
List of Attached Documents:
// Content
2,042,181
List of Attached Documents:
// Content
11,686
List of Attached Documents:
// Content
40,504
5
Total deductions.
Add line 4 columns A through D. Enter here and on Part I, line 6, column (B)
.....
5,702,966
Part V
Unrelated Debt-Financed Income
(see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Gross income from or allocable to debt-financed property
........
3
Deductions directly connected with or allocable to debt-financed property
a
Straight line depreciation (attach statement)
b
Other deductions (attach statement)
...
c
Total deductions (add lines 3a and 3b, columns A through D)
..........
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement)
...........
5
Average adjusted basis of or allocable to debt-financed property (attach statement)
...
6
Divide line 4 by line 5
.......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
8
Total gross income
(add line 7, columns A through D). Enter here and on Part I, line 7, column (A)
....
9
Allocable deductions. Multiply line 3c by line 6
10
Total allocable deductions.
Add line 9, columns A through D. Enter here and on Part I, line 7, column (B)
..
11
Total dividends-received deductions
included in line 10
.................
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations
(see instructions)
1.
Name of controlled organization
2.
Employer identification number
Exempt Controlled Organizations
3.
Net unrelated income (loss)
(see instructions)
4.
Total of specified payments made
5.
Part of column 4 that is included
in the controlling organization's
gross income
6.
Deductions directly connected with income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7.
Taxable income
8.
Net unrelated
income (loss)
(see instructions)
9.
Total of specified payments made
10.
Part of column 9
that is included in the
controlling organization's
gross income
11.
Deductions directly connected with
income in column 10
(1)
(2)
(3)
(4)
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals
.........................
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
1.
Description of income
2.
Amount of income
3.
Deductions directly connected
(attach statement)
4.
Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)
(2)
(3)
(4)
Totals
.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income
(see instructions)
1
Description of exploited activity:
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A)
...
2
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B)
...............................
3
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7
.............................
4
5
Gross income from activity that is not unrelated business income
..............
5
6
Expenses attributable to income entered on line 5
...................
6
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12
..........................
7
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
AJE
List of Attached Documents:
// Content
B
AJHE
List of Attached Documents:
// Content
C
AJS
List of Attached Documents:
// Content
D
AA
List of Attached Documents:
// Content
E
AN
List of Attached Documents:
// Content
F
APT
List of Attached Documents:
// Content
G
AD
List of Attached Documents:
// Content
H
IJPS
List of Attached Documents:
// Content
I
BBL
List of Attached Documents:
// Content
J
BASOR
List of Attached Documents:
// Content
K
CP
List of Attached Documents:
// Content
L
BJPS
List of Attached Documents:
// Content
M
CER
List of Attached Documents:
// Content
N
CHS
List of Attached Documents:
// Content
O
CI
List of Attached Documents:
// Content
P
EDCC
List of Attached Documents:
// Content
Q
EH
List of Attached Documents:
// Content
R
EMW
List of Attached Documents:
// Content
S
ESJ
List of Attached Documents:
// Content
T
ELR
List of Attached Documents:
// Content
U
HAU
List of Attached Documents:
// Content
V
ET
List of Attached Documents:
// Content
W
GES
List of Attached Documents:
// Content
X
HOPOS
List of Attached Documents:
// Content
Y
HR
List of Attached Documents:
// Content
Z
FWS
List of Attached Documents:
// Content
AA
IJAL
List of Attached Documents:
// Content
AB
ISIS
List of Attached Documents:
// Content
AC
ITS
List of Attached Documents:
// Content
AD
REEP
List of Attached Documents:
// Content
AE
JAERE
List of Attached Documents:
// Content
AF
JACR
List of Attached Documents:
// Content
AG
JCS
List of Attached Documents:
// Content
AH
JHC
List of Attached Documents:
// Content
AI
JAAH
List of Attached Documents:
// Content
AJ
JOLE
List of Attached Documents:
// Content
AK
JCE
List of Attached Documents:
// Content
AL
MRE
List of Attached Documents:
// Content
AM
JMH
List of Attached Documents:
// Content
AN
JNES
List of Attached Documents:
// Content
AO
JPE
List of Attached Documents:
// Content
AP
JP
List of Attached Documents:
// Content
AQ
JR
List of Attached Documents:
// Content
AR
NTJ
List of Attached Documents:
// Content
AS
LQ
List of Attached Documents:
// Content
AT
NEA
List of Attached Documents:
// Content
AU
PBSA
List of Attached Documents:
// Content
AV
MP
List of Attached Documents:
// Content
AW
JWCI
List of Attached Documents:
// Content
AX
SPECULUM
List of Attached Documents:
// Content
AY
HOH
List of Attached Documents:
// Content
AZ
JAR
List of Attached Documents:
// Content
BA
OSIRIS
List of Attached Documents:
// Content
BB
PBZ
List of Attached Documents:
// Content
BC
POLITY
List of Attached Documents:
// Content
BD
QRB
List of Attached Documents:
// Content
BE
SI
List of Attached Documents:
// Content
BF
SCHL
List of Attached Documents:
// Content
BG
MAR
List of Attached Documents:
// Content
BH
SSWR
List of Attached Documents:
// Content
BI
TCJ
List of Attached Documents:
// Content
BJ
SOU
List of Attached Documents:
// Content
BK
RD
List of Attached Documents:
// Content
BL
W86
List of Attached Documents:
// Content
BM
WP
List of Attached Documents:
// Content
BN
RES
List of Attached Documents:
// Content
BO
SPS
List of Attached Documents:
// Content
BP
SHAD
List of Attached Documents:
// Content
BQ
TWC
List of Attached Documents:
// Content
BR
TRA
List of Attached Documents:
// Content
BS
SCJ
List of Attached Documents:
// Content
BT
CA
List of Attached Documents:
// Content
BU
JG
List of Attached Documents:
// Content
BV
JLE
List of Attached Documents:
// Content
BW
JLS
List of Attached Documents:
// Content
BX
POG
List of Attached Documents:
// Content
BY
JPEMIC
List of Attached Documents:
// Content
BZ
JPEMAC
List of Attached Documents:
// Content
CA
SSR
List of Attached Documents:
// Content
Enter amounts for each periodical listed above in the corresponding column.
A
B
C
D
2
Gross advertising income
......
0
0
578
438
E
F
G
H
2
Gross advertising income
......
160
200
0
0
I
J
K
L
2
Gross advertising income
......
0
0
0
0
M
N
O
P
2
Gross advertising income
......
0
100
945
0
Q
R
S
T
2
Gross advertising income
......
1,525
0
560
0
U
V
W
X
2
Gross advertising income
......
0
0
125
0
Y
Z
AA
AB
2
Gross advertising income
......
0
0
0
733
AC
AD
AE
AF
2
Gross advertising income
......
0
0
0
0
AG
AH
AI
AJ
2
Gross advertising income
......
0
0
3,835
0
AK
AL
AM
AN
2
Gross advertising income
......
0
0
225
0
AO
AP
AQ
AR
2
Gross advertising income
......
0
0
0
0
AS
AT
AU
AV
2
Gross advertising income
......
0
0
300
180
AW
AX
AY
AZ
2
Gross advertising income
......
180
4,623
100
0
BA
BB
BC
BD
2
Gross advertising income
......
0
0
0
0
BE
BF
BG
BH
2
Gross advertising income
......
1,155
0
0
280
BI
BJ
BK
BL
2
Gross advertising income
......
0
0
350
0
BM
BN
BO
BP
2
Gross advertising income
......
263
0
0
0
BQ
BR
BS
BT
2
Gross advertising income
......
0
0
360
543
BU
BV
BW
BX
2
Gross advertising income
......
0
0
0
0
BY
BZ
CA
CB
2
Gross advertising income
......
0
0
0
a
Add columns A through D. Enter here and on Part I, line 11, column (A)
.............
17,758
A
B
C
D
3
Direct advertising costs by periodical
..
290
332
1,284
767
E
F
G
H
3
Direct advertising costs by periodical
..
2,246
671
653
983
I
J
K
L
3
Direct advertising costs by periodical
..
443
275
1,075
787
M
N
O
P
3
Direct advertising costs by periodical
..
1,012
423
1,571
333
Q
R
S
T
3
Direct advertising costs by periodical
..
1,669
275
661
362
U
V
W
X
3
Direct advertising costs by periodical
..
335
487
985
275
Y
Z
AA
AB
3
Direct advertising costs by periodical
..
626
119
691
1,862
AC
AD
AE
AF
3
Direct advertising costs by periodical
..
357
197
0
270
AG
AH
AI
AJ
3
Direct advertising costs by periodical
..
221
724
3,125
495
AK
AL
AM
AN
3
Direct advertising costs by periodical
..
585
474
1,218
328
AO
AP
AQ
AR
3
Direct advertising costs by periodical
..
1,248
420
821
598
AS
AT
AU
AV
3
Direct advertising costs by periodical
..
512
3,691
1,003
1,103
AW
AX
AY
AZ
3
Direct advertising costs by periodical
..
0
1,938
216
816
BA
BB
BC
BD
3
Direct advertising costs by periodical
..
0
993
816
584
BE
BF
BG
BH
3
Direct advertising costs by periodical
..
868
339
110
414
BI
BJ
BK
BL
3
Direct advertising costs by periodical
..
326
374
183
1,407
BM
BN
BO
BP
3
Direct advertising costs by periodical
..
584
616
0
305
BQ
BR
BS
BT
3
Direct advertising costs by periodical
..
682
384
1,012
1,567
BU
BV
BW
BX
3
Direct advertising costs by periodical
..
145
376
358
0
BY
BZ
CA
CB
3
Direct advertising costs by periodical
..
445
520
536
a
Add columns A through D. Enter here and on Part I, line 11, column (B)
.............
55,796
A
B
C
D
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-290
-332
-706
-329
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
E
F
G
H
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-2,086
-471
-653
-983
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
I
J
K
L
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-443
-275
-1,075
-787
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
M
N
O
P
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,012
-323
-626
-333
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Q
R
S
T
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-144
-275
-101
-362
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
U
V
W
X
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-335
-487
-860
-275
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Y
Z
AA
AB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-626
-119
-691
-1,129
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AC
AD
AE
AF
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-357
-197
0
-270
5
Readership costs
........
264,201
6
Circulation income
........
274,485
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AG
AH
AI
AJ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-221
-724
710
-495
5
Readership costs
........
373,370
6
Circulation income
........
295,848
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
77,522
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
710
AK
AL
AM
AN
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-585
-474
-993
-328
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AO
AP
AQ
AR
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,248
-420
-821
-598
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AS
AT
AU
AV
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-512
-3,691
-703
-923
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AW
AX
AY
AZ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
180
2,685
-116
-816
5
Readership costs
........
107,402
416,542
6
Circulation income
........
150,492
215,919
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
200,623
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
2,685
BA
BB
BC
BD
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
0
-993
-816
-584
5
Readership costs
........
34,419
6
Circulation income
........
13,467
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
20,952
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BE
BF
BG
BH
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
287
-339
-110
-134
5
Readership costs
........
248,751
6
Circulation income
........
478,095
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BI
BJ
BK
BL
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-326
-374
167
-1,407
5
Readership costs
........
58,875
6
Circulation income
........
68,475
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BM
BN
BO
BP
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-321
-616
0
-305
5
Readership costs
........
35,461
6
Circulation income
........
73,133
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BQ
BR
BS
BT
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-682
-384
-652
-1,024
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BU
BV
BW
BX
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-145
-376
-358
0
5
Readership costs
........
26,516
6
Circulation income
........
25,945
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
571
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BY
BZ
CA
CB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-445
-520
-536
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
a
Add line 8, columns A through D. Enter the greater of the line 8a, columns total or zero here and on Part II, line 13
3,395
Part X
Compensation of Officers, Directors, and Trustees
(see instructions)
1.
Name
2.
Title
3.
Percentage
of time devoted
to business
4.
Compensation
attributable to
unrelated business
(1)
(2)
(3)
(4)
Total.
Enter here and on Part II, line 1
.........................
Part XI
Supplemental Information
(see instructions)
Schedule A (Form 990-T) 2024
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE A
(Form 990-T)
Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business
Go to
www.irs.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
24
Open to Public Inspection for 501(c)(3) Organizations Only
A
Name of the organization
UNIVERSITY OF CHICAGO
B
Employer identification number
36-2177139
C
Unrelated business activity code (see instructions)
901101
D
Sequence:
1
of
10
E
Describe the unrelated trade or business
INVESTMENT ACTIVITIES
Part I
Unrelated Trade or Business Income
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales
61,600
b
Less returns and allowances
c
Balance
1c
61,600
2
Cost of goods sold (Part III, line 8)
.........
2
1,629,802
3
Gross profit. Subtract line 2 from line 1c
.......
3
61,600
61,600
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions)
............
4a
List of Attached Documents:
// Content
7,138,505
7,138,505
b
Net gain (loss) (Form 4797) (attach Form 4797)
(see instructions)
4b
List of Attached Documents:
// Content
4,168,352
4,168,352
c
Capital loss deduction for trusts
4c
5
Income (loss) from a partnership or an S corporation (attach statement)
................
5
List of Attached Documents:
// Content
6,258,155
6,258,155
6
Rent income (Part IV)
.............
6
6,117,891
5,702,966
414,925
7
Unrelated debt-financed income (Part V)
.......
7
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI)
.............
8
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII)
............
9
10
Exploited exempt activity income (Part VIII)
......
10
11
Advertising income (Part IX)
...........
11
17,758
55,796
-38,038
12
Other income (see instructions; attach statement)
....
12
13
Total.
Combine lines 3 through 12
.........
13
17,565,012
0
17,565,012
Part II
Deductions Not Taken Elsewhere
(See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X)
.................
1
2
Salaries and wages
............................
2
4,528,218
3
Repairs and maintenance
..........................
3
4
Bad debts
...............................
4
5
Interest (attach statement) (see instructions)
...................
5
6
Taxes and licenses
.............................
6
141,300
7
Depreciation (attach Form 4562) (see instructions)
.........
7
8
Less depreciation claimed in Part III and elsewhere on return
.....
8a
8b
9
Depletion
...............................
9
10
Contributions to deferred compensation plans
.....................
10
11
Employee benefit programs
..........................
11
12
Excess exempt expenses (Part VIII)
.......................
12
13
Excess readership costs (Part IX)
........................
13
3,395
14
Other deductions (attach statement)
List of Attached Documents:
// Content
......................
14
781,165
15
Total deductions.
Add lines 1 through 14
.....................
15
5,450,683
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
12,114,329
17
Deduction for net operating loss (see instructions)
..................
17
18
Unrelated business taxable income.
Subtract line 17 from line 16
.............
18
12,114,329
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 74036O
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
2
Part III
Cost of Goods Sold
Enter method of inventory valuation
OTHER APPROVED METHOD
1
Inventory at beginning of year
........................
1
2
Purchases
...............................
2
3
Cost of labor
..............................
3
4
Additional section 263A costs (attach statement)
..................
4
5
Other costs (attach statement)
List of Attached Documents:
// Content
........................
5
1,629,802
6
Total.
Add lines 1 through 5
..........................
6
1,629,802
7
Inventory at end of year
...........................
7
8
Cost of goods sold.
Subtract line 7 from line 6. Enter here and in Part I, line 2
..........
8
1,629,802
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
Yes
No
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
BOOTH CONFERENCE CENTER
CHICAGO
,
IL
60637
B
RUBENSTEIN FORUM
CHICAGO
,
IL
60637
C
STUDENT CENTER RENTALS
CHICAGO
,
IL
60637
D
LOGAN CENTER
CHICAGO
,
IL
60637
A
B
C
D
2
Rent received or accrued
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%)
......
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income)
..........
4,362,799
1,646,915
70,845
37,332
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D
.
4,362,799
1,646,915
70,845
37,332
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A)
.
6,117,891
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement)
.
List of Attached Documents:
// Content
3,608,595
List of Attached Documents:
// Content
2,042,181
List of Attached Documents:
// Content
11,686
List of Attached Documents:
// Content
40,504
5
Total deductions.
Add line 4 columns A through D. Enter here and on Part I, line 6, column (B)
.....
5,702,966
Part V
Unrelated Debt-Financed Income
(see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Gross income from or allocable to debt-financed property
........
3
Deductions directly connected with or allocable to debt-financed property
a
Straight line depreciation (attach statement)
b
Other deductions (attach statement)
...
c
Total deductions (add lines 3a and 3b, columns A through D)
..........
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement)
...........
5
Average adjusted basis of or allocable to debt-financed property (attach statement)
...
6
Divide line 4 by line 5
.......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
8
Total gross income
(add line 7, columns A through D). Enter here and on Part I, line 7, column (A)
....
9
Allocable deductions. Multiply line 3c by line 6
10
Total allocable deductions.
Add line 9, columns A through D. Enter here and on Part I, line 7, column (B)
..
11
Total dividends-received deductions
included in line 10
.................
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations
(see instructions)
1.
Name of controlled organization
2.
Employer identification number
Exempt Controlled Organizations
3.
Net unrelated income (loss)
(see instructions)
4.
Total of specified payments made
5.
Part of column 4 that is included
in the controlling organization's
gross income
6.
Deductions directly connected with income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7.
Taxable income
8.
Net unrelated
income (loss)
(see instructions)
9.
Total of specified payments made
10.
Part of column 9
that is included in the
controlling organization's
gross income
11.
Deductions directly connected with
income in column 10
(1)
(2)
(3)
(4)
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals
.........................
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
1.
Description of income
2.
Amount of income
3.
Deductions directly connected
(attach statement)
4.
Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)
(2)
(3)
(4)
Totals
.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income
(see instructions)
1
Description of exploited activity:
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A)
...
2
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B)
...............................
3
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7
.............................
4
5
Gross income from activity that is not unrelated business income
..............
5
6
Expenses attributable to income entered on line 5
...................
6
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12
..........................
7
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
AJE
List of Attached Documents:
// Content
B
AJHE
List of Attached Documents:
// Content
C
AJS
List of Attached Documents:
// Content
D
AA
List of Attached Documents:
// Content
E
AN
List of Attached Documents:
// Content
F
APT
List of Attached Documents:
// Content
G
AD
List of Attached Documents:
// Content
H
IJPS
List of Attached Documents:
// Content
I
BBL
List of Attached Documents:
// Content
J
BASOR
List of Attached Documents:
// Content
K
CP
List of Attached Documents:
// Content
L
BJPS
List of Attached Documents:
// Content
M
CER
List of Attached Documents:
// Content
N
CHS
List of Attached Documents:
// Content
O
CI
List of Attached Documents:
// Content
P
EDCC
List of Attached Documents:
// Content
Q
EH
List of Attached Documents:
// Content
R
EMW
List of Attached Documents:
// Content
S
ESJ
List of Attached Documents:
// Content
T
ELR
List of Attached Documents:
// Content
U
HAU
List of Attached Documents:
// Content
V
ET
List of Attached Documents:
// Content
W
GES
List of Attached Documents:
// Content
X
HOPOS
List of Attached Documents:
// Content
Y
HR
List of Attached Documents:
// Content
Z
FWS
List of Attached Documents:
// Content
AA
IJAL
List of Attached Documents:
// Content
AB
ISIS
List of Attached Documents:
// Content
AC
ITS
List of Attached Documents:
// Content
AD
REEP
List of Attached Documents:
// Content
AE
JAERE
List of Attached Documents:
// Content
AF
JACR
List of Attached Documents:
// Content
AG
JCS
List of Attached Documents:
// Content
AH
JHC
List of Attached Documents:
// Content
AI
JAAH
List of Attached Documents:
// Content
AJ
JOLE
List of Attached Documents:
// Content
AK
JCE
List of Attached Documents:
// Content
AL
MRE
List of Attached Documents:
// Content
AM
JMH
List of Attached Documents:
// Content
AN
JNES
List of Attached Documents:
// Content
AO
JPE
List of Attached Documents:
// Content
AP
JP
List of Attached Documents:
// Content
AQ
JR
List of Attached Documents:
// Content
AR
NTJ
List of Attached Documents:
// Content
AS
LQ
List of Attached Documents:
// Content
AT
NEA
List of Attached Documents:
// Content
AU
PBSA
List of Attached Documents:
// Content
AV
MP
List of Attached Documents:
// Content
AW
JWCI
List of Attached Documents:
// Content
AX
SPECULUM
List of Attached Documents:
// Content
AY
HOH
List of Attached Documents:
// Content
AZ
JAR
List of Attached Documents:
// Content
BA
OSIRIS
List of Attached Documents:
// Content
BB
PBZ
List of Attached Documents:
// Content
BC
POLITY
List of Attached Documents:
// Content
BD
QRB
List of Attached Documents:
// Content
BE
SI
List of Attached Documents:
// Content
BF
SCHL
List of Attached Documents:
// Content
BG
MAR
List of Attached Documents:
// Content
BH
SSWR
List of Attached Documents:
// Content
BI
TCJ
List of Attached Documents:
// Content
BJ
SOU
List of Attached Documents:
// Content
BK
RD
List of Attached Documents:
// Content
BL
W86
List of Attached Documents:
// Content
BM
WP
List of Attached Documents:
// Content
BN
RES
List of Attached Documents:
// Content
BO
SPS
List of Attached Documents:
// Content
BP
SHAD
List of Attached Documents:
// Content
BQ
TWC
List of Attached Documents:
// Content
BR
TRA
List of Attached Documents:
// Content
BS
SCJ
List of Attached Documents:
// Content
BT
CA
List of Attached Documents:
// Content
BU
JG
List of Attached Documents:
// Content
BV
JLE
List of Attached Documents:
// Content
BW
JLS
List of Attached Documents:
// Content
BX
POG
List of Attached Documents:
// Content
BY
JPEMIC
List of Attached Documents:
// Content
BZ
JPEMAC
List of Attached Documents:
// Content
CA
SSR
List of Attached Documents:
// Content
Enter amounts for each periodical listed above in the corresponding column.
A
B
C
D
2
Gross advertising income
......
0
0
578
438
E
F
G
H
2
Gross advertising income
......
160
200
0
0
I
J
K
L
2
Gross advertising income
......
0
0
0
0
M
N
O
P
2
Gross advertising income
......
0
100
945
0
Q
R
S
T
2
Gross advertising income
......
1,525
0
560
0
U
V
W
X
2
Gross advertising income
......
0
0
125
0
Y
Z
AA
AB
2
Gross advertising income
......
0
0
0
733
AC
AD
AE
AF
2
Gross advertising income
......
0
0
0
0
AG
AH
AI
AJ
2
Gross advertising income
......
0
0
3,835
0
AK
AL
AM
AN
2
Gross advertising income
......
0
0
225
0
AO
AP
AQ
AR
2
Gross advertising income
......
0
0
0
0
AS
AT
AU
AV
2
Gross advertising income
......
0
0
300
180
AW
AX
AY
AZ
2
Gross advertising income
......
180
4,623
100
0
BA
BB
BC
BD
2
Gross advertising income
......
0
0
0
0
BE
BF
BG
BH
2
Gross advertising income
......
1,155
0
0
280
BI
BJ
BK
BL
2
Gross advertising income
......
0
0
350
0
BM
BN
BO
BP
2
Gross advertising income
......
263
0
0
0
BQ
BR
BS
BT
2
Gross advertising income
......
0
0
360
543
BU
BV
BW
BX
2
Gross advertising income
......
0
0
0
0
BY
BZ
CA
CB
2
Gross advertising income
......
0
0
0
a
Add columns A through D. Enter here and on Part I, line 11, column (A)
.............
17,758
A
B
C
D
3
Direct advertising costs by periodical
..
290
332
1,284
767
E
F
G
H
3
Direct advertising costs by periodical
..
2,246
671
653
983
I
J
K
L
3
Direct advertising costs by periodical
..
443
275
1,075
787
M
N
O
P
3
Direct advertising costs by periodical
..
1,012
423
1,571
333
Q
R
S
T
3
Direct advertising costs by periodical
..
1,669
275
661
362
U
V
W
X
3
Direct advertising costs by periodical
..
335
487
985
275
Y
Z
AA
AB
3
Direct advertising costs by periodical
..
626
119
691
1,862
AC
AD
AE
AF
3
Direct advertising costs by periodical
..
357
197
0
270
AG
AH
AI
AJ
3
Direct advertising costs by periodical
..
221
724
3,125
495
AK
AL
AM
AN
3
Direct advertising costs by periodical
..
585
474
1,218
328
AO
AP
AQ
AR
3
Direct advertising costs by periodical
..
1,248
420
821
598
AS
AT
AU
AV
3
Direct advertising costs by periodical
..
512
3,691
1,003
1,103
AW
AX
AY
AZ
3
Direct advertising costs by periodical
..
0
1,938
216
816
BA
BB
BC
BD
3
Direct advertising costs by periodical
..
0
993
816
584
BE
BF
BG
BH
3
Direct advertising costs by periodical
..
868
339
110
414
BI
BJ
BK
BL
3
Direct advertising costs by periodical
..
326
374
183
1,407
BM
BN
BO
BP
3
Direct advertising costs by periodical
..
584
616
0
305
BQ
BR
BS
BT
3
Direct advertising costs by periodical
..
682
384
1,012
1,567
BU
BV
BW
BX
3
Direct advertising costs by periodical
..
145
376
358
0
BY
BZ
CA
CB
3
Direct advertising costs by periodical
..
445
520
536
a
Add columns A through D. Enter here and on Part I, line 11, column (B)
.............
55,796
A
B
C
D
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-290
-332
-706
-329
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
E
F
G
H
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-2,086
-471
-653
-983
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
I
J
K
L
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-443
-275
-1,075
-787
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
M
N
O
P
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,012
-323
-626
-333
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Q
R
S
T
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-144
-275
-101
-362
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
U
V
W
X
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-335
-487
-860
-275
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Y
Z
AA
AB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-626
-119
-691
-1,129
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AC
AD
AE
AF
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-357
-197
0
-270
5
Readership costs
........
264,201
6
Circulation income
........
274,485
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AG
AH
AI
AJ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-221
-724
710
-495
5
Readership costs
........
373,370
6
Circulation income
........
295,848
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
77,522
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
710
AK
AL
AM
AN
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-585
-474
-993
-328
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AO
AP
AQ
AR
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,248
-420
-821
-598
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AS
AT
AU
AV
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-512
-3,691
-703
-923
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AW
AX
AY
AZ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
180
2,685
-116
-816
5
Readership costs
........
107,402
416,542
6
Circulation income
........
150,492
215,919
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
200,623
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
2,685
BA
BB
BC
BD
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
0
-993
-816
-584
5
Readership costs
........
34,419
6
Circulation income
........
13,467
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
20,952
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BE
BF
BG
BH
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
287
-339
-110
-134
5
Readership costs
........
248,751
6
Circulation income
........
478,095
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BI
BJ
BK
BL
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-326
-374
167
-1,407
5
Readership costs
........
58,875
6
Circulation income
........
68,475
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BM
BN
BO
BP
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-321
-616
0
-305
5
Readership costs
........
35,461
6
Circulation income
........
73,133
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BQ
BR
BS
BT
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-682
-384
-652
-1,024
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BU
BV
BW
BX
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-145
-376
-358
0
5
Readership costs
........
26,516
6
Circulation income
........
25,945
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
571
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BY
BZ
CA
CB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-445
-520
-536
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
a
Add line 8, columns A through D. Enter the greater of the line 8a, columns total or zero here and on Part II, line 13
3,395
Part X
Compensation of Officers, Directors, and Trustees
(see instructions)
1.
Name
2.
Title
3.
Percentage
of time devoted
to business
4.
Compensation
attributable to
unrelated business
(1)
(2)
(3)
(4)
Total.
Enter here and on Part II, line 1
.........................
Part XI
Supplemental Information
(see instructions)
Schedule A (Form 990-T) 2024
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE A
(Form 990-T)
Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business
Go to
www.irs.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
24
Open to Public Inspection for 501(c)(3) Organizations Only
A
Name of the organization
UNIVERSITY OF CHICAGO
B
Employer identification number
36-2177139
C
Unrelated business activity code (see instructions)
901101
D
Sequence:
1
of
10
E
Describe the unrelated trade or business
INVESTMENT ACTIVITIES
Part I
Unrelated Trade or Business Income
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales
61,600
b
Less returns and allowances
c
Balance
1c
61,600
2
Cost of goods sold (Part III, line 8)
.........
2
1,629,802
3
Gross profit. Subtract line 2 from line 1c
.......
3
61,600
61,600
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions)
............
4a
List of Attached Documents:
// Content
7,138,505
7,138,505
b
Net gain (loss) (Form 4797) (attach Form 4797)
(see instructions)
4b
List of Attached Documents:
// Content
4,168,352
4,168,352
c
Capital loss deduction for trusts
4c
5
Income (loss) from a partnership or an S corporation (attach statement)
................
5
List of Attached Documents:
// Content
6,258,155
6,258,155
6
Rent income (Part IV)
.............
6
6,117,891
5,702,966
414,925
7
Unrelated debt-financed income (Part V)
.......
7
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI)
.............
8
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII)
............
9
10
Exploited exempt activity income (Part VIII)
......
10
11
Advertising income (Part IX)
...........
11
17,758
55,796
-38,038
12
Other income (see instructions; attach statement)
....
12
13
Total.
Combine lines 3 through 12
.........
13
17,565,012
0
17,565,012
Part II
Deductions Not Taken Elsewhere
(See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X)
.................
1
2
Salaries and wages
............................
2
4,528,218
3
Repairs and maintenance
..........................
3
4
Bad debts
...............................
4
5
Interest (attach statement) (see instructions)
...................
5
6
Taxes and licenses
.............................
6
141,300
7
Depreciation (attach Form 4562) (see instructions)
.........
7
8
Less depreciation claimed in Part III and elsewhere on return
.....
8a
8b
9
Depletion
...............................
9
10
Contributions to deferred compensation plans
.....................
10
11
Employee benefit programs
..........................
11
12
Excess exempt expenses (Part VIII)
.......................
12
13
Excess readership costs (Part IX)
........................
13
3,395
14
Other deductions (attach statement)
List of Attached Documents:
// Content
......................
14
781,165
15
Total deductions.
Add lines 1 through 14
.....................
15
5,450,683
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
12,114,329
17
Deduction for net operating loss (see instructions)
..................
17
18
Unrelated business taxable income.
Subtract line 17 from line 16
.............
18
12,114,329
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 74036O
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
2
Part III
Cost of Goods Sold
Enter method of inventory valuation
OTHER APPROVED METHOD
1
Inventory at beginning of year
........................
1
2
Purchases
...............................
2
3
Cost of labor
..............................
3
4
Additional section 263A costs (attach statement)
..................
4
5
Other costs (attach statement)
List of Attached Documents:
// Content
........................
5
1,629,802
6
Total.
Add lines 1 through 5
..........................
6
1,629,802
7
Inventory at end of year
...........................
7
8
Cost of goods sold.
Subtract line 7 from line 6. Enter here and in Part I, line 2
..........
8
1,629,802
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
Yes
No
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
BOOTH CONFERENCE CENTER
CHICAGO
,
IL
60637
B
RUBENSTEIN FORUM
CHICAGO
,
IL
60637
C
STUDENT CENTER RENTALS
CHICAGO
,
IL
60637
D
LOGAN CENTER
CHICAGO
,
IL
60637
A
B
C
D
2
Rent received or accrued
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%)
......
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income)
..........
4,362,799
1,646,915
70,845
37,332
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D
.
4,362,799
1,646,915
70,845
37,332
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A)
.
6,117,891
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement)
.
List of Attached Documents:
// Content
3,608,595
List of Attached Documents:
// Content
2,042,181
List of Attached Documents:
// Content
11,686
List of Attached Documents:
// Content
40,504
5
Total deductions.
Add line 4 columns A through D. Enter here and on Part I, line 6, column (B)
.....
5,702,966
Part V
Unrelated Debt-Financed Income
(see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Gross income from or allocable to debt-financed property
........
3
Deductions directly connected with or allocable to debt-financed property
a
Straight line depreciation (attach statement)
b
Other deductions (attach statement)
...
c
Total deductions (add lines 3a and 3b, columns A through D)
..........
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement)
...........
5
Average adjusted basis of or allocable to debt-financed property (attach statement)
...
6
Divide line 4 by line 5
.......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
8
Total gross income
(add line 7, columns A through D). Enter here and on Part I, line 7, column (A)
....
9
Allocable deductions. Multiply line 3c by line 6
10
Total allocable deductions.
Add line 9, columns A through D. Enter here and on Part I, line 7, column (B)
..
11
Total dividends-received deductions
included in line 10
.................
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations
(see instructions)
1.
Name of controlled organization
2.
Employer identification number
Exempt Controlled Organizations
3.
Net unrelated income (loss)
(see instructions)
4.
Total of specified payments made
5.
Part of column 4 that is included
in the controlling organization's
gross income
6.
Deductions directly connected with income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7.
Taxable income
8.
Net unrelated
income (loss)
(see instructions)
9.
Total of specified payments made
10.
Part of column 9
that is included in the
controlling organization's
gross income
11.
Deductions directly connected with
income in column 10
(1)
(2)
(3)
(4)
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals
.........................
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
1.
Description of income
2.
Amount of income
3.
Deductions directly connected
(attach statement)
4.
Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)
(2)
(3)
(4)
Totals
.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income
(see instructions)
1
Description of exploited activity:
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A)
...
2
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B)
...............................
3
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7
.............................
4
5
Gross income from activity that is not unrelated business income
..............
5
6
Expenses attributable to income entered on line 5
...................
6
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12
..........................
7
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
AJE
List of Attached Documents:
// Content
B
AJHE
List of Attached Documents:
// Content
C
AJS
List of Attached Documents:
// Content
D
AA
List of Attached Documents:
// Content
E
AN
List of Attached Documents:
// Content
F
APT
List of Attached Documents:
// Content
G
AD
List of Attached Documents:
// Content
H
IJPS
List of Attached Documents:
// Content
I
BBL
List of Attached Documents:
// Content
J
BASOR
List of Attached Documents:
// Content
K
CP
List of Attached Documents:
// Content
L
BJPS
List of Attached Documents:
// Content
M
CER
List of Attached Documents:
// Content
N
CHS
List of Attached Documents:
// Content
O
CI
List of Attached Documents:
// Content
P
EDCC
List of Attached Documents:
// Content
Q
EH
List of Attached Documents:
// Content
R
EMW
List of Attached Documents:
// Content
S
ESJ
List of Attached Documents:
// Content
T
ELR
List of Attached Documents:
// Content
U
HAU
List of Attached Documents:
// Content
V
ET
List of Attached Documents:
// Content
W
GES
List of Attached Documents:
// Content
X
HOPOS
List of Attached Documents:
// Content
Y
HR
List of Attached Documents:
// Content
Z
FWS
List of Attached Documents:
// Content
AA
IJAL
List of Attached Documents:
// Content
AB
ISIS
List of Attached Documents:
// Content
AC
ITS
List of Attached Documents:
// Content
AD
REEP
List of Attached Documents:
// Content
AE
JAERE
List of Attached Documents:
// Content
AF
JACR
List of Attached Documents:
// Content
AG
JCS
List of Attached Documents:
// Content
AH
JHC
List of Attached Documents:
// Content
AI
JAAH
List of Attached Documents:
// Content
AJ
JOLE
List of Attached Documents:
// Content
AK
JCE
List of Attached Documents:
// Content
AL
MRE
List of Attached Documents:
// Content
AM
JMH
List of Attached Documents:
// Content
AN
JNES
List of Attached Documents:
// Content
AO
JPE
List of Attached Documents:
// Content
AP
JP
List of Attached Documents:
// Content
AQ
JR
List of Attached Documents:
// Content
AR
NTJ
List of Attached Documents:
// Content
AS
LQ
List of Attached Documents:
// Content
AT
NEA
List of Attached Documents:
// Content
AU
PBSA
List of Attached Documents:
// Content
AV
MP
List of Attached Documents:
// Content
AW
JWCI
List of Attached Documents:
// Content
AX
SPECULUM
List of Attached Documents:
// Content
AY
HOH
List of Attached Documents:
// Content
AZ
JAR
List of Attached Documents:
// Content
BA
OSIRIS
List of Attached Documents:
// Content
BB
PBZ
List of Attached Documents:
// Content
BC
POLITY
List of Attached Documents:
// Content
BD
QRB
List of Attached Documents:
// Content
BE
SI
List of Attached Documents:
// Content
BF
SCHL
List of Attached Documents:
// Content
BG
MAR
List of Attached Documents:
// Content
BH
SSWR
List of Attached Documents:
// Content
BI
TCJ
List of Attached Documents:
// Content
BJ
SOU
List of Attached Documents:
// Content
BK
RD
List of Attached Documents:
// Content
BL
W86
List of Attached Documents:
// Content
BM
WP
List of Attached Documents:
// Content
BN
RES
List of Attached Documents:
// Content
BO
SPS
List of Attached Documents:
// Content
BP
SHAD
List of Attached Documents:
// Content
BQ
TWC
List of Attached Documents:
// Content
BR
TRA
List of Attached Documents:
// Content
BS
SCJ
List of Attached Documents:
// Content
BT
CA
List of Attached Documents:
// Content
BU
JG
List of Attached Documents:
// Content
BV
JLE
List of Attached Documents:
// Content
BW
JLS
List of Attached Documents:
// Content
BX
POG
List of Attached Documents:
// Content
BY
JPEMIC
List of Attached Documents:
// Content
BZ
JPEMAC
List of Attached Documents:
// Content
CA
SSR
List of Attached Documents:
// Content
Enter amounts for each periodical listed above in the corresponding column.
A
B
C
D
2
Gross advertising income
......
0
0
578
438
E
F
G
H
2
Gross advertising income
......
160
200
0
0
I
J
K
L
2
Gross advertising income
......
0
0
0
0
M
N
O
P
2
Gross advertising income
......
0
100
945
0
Q
R
S
T
2
Gross advertising income
......
1,525
0
560
0
U
V
W
X
2
Gross advertising income
......
0
0
125
0
Y
Z
AA
AB
2
Gross advertising income
......
0
0
0
733
AC
AD
AE
AF
2
Gross advertising income
......
0
0
0
0
AG
AH
AI
AJ
2
Gross advertising income
......
0
0
3,835
0
AK
AL
AM
AN
2
Gross advertising income
......
0
0
225
0
AO
AP
AQ
AR
2
Gross advertising income
......
0
0
0
0
AS
AT
AU
AV
2
Gross advertising income
......
0
0
300
180
AW
AX
AY
AZ
2
Gross advertising income
......
180
4,623
100
0
BA
BB
BC
BD
2
Gross advertising income
......
0
0
0
0
BE
BF
BG
BH
2
Gross advertising income
......
1,155
0
0
280
BI
BJ
BK
BL
2
Gross advertising income
......
0
0
350
0
BM
BN
BO
BP
2
Gross advertising income
......
263
0
0
0
BQ
BR
BS
BT
2
Gross advertising income
......
0
0
360
543
BU
BV
BW
BX
2
Gross advertising income
......
0
0
0
0
BY
BZ
CA
CB
2
Gross advertising income
......
0
0
0
a
Add columns A through D. Enter here and on Part I, line 11, column (A)
.............
17,758
A
B
C
D
3
Direct advertising costs by periodical
..
290
332
1,284
767
E
F
G
H
3
Direct advertising costs by periodical
..
2,246
671
653
983
I
J
K
L
3
Direct advertising costs by periodical
..
443
275
1,075
787
M
N
O
P
3
Direct advertising costs by periodical
..
1,012
423
1,571
333
Q
R
S
T
3
Direct advertising costs by periodical
..
1,669
275
661
362
U
V
W
X
3
Direct advertising costs by periodical
..
335
487
985
275
Y
Z
AA
AB
3
Direct advertising costs by periodical
..
626
119
691
1,862
AC
AD
AE
AF
3
Direct advertising costs by periodical
..
357
197
0
270
AG
AH
AI
AJ
3
Direct advertising costs by periodical
..
221
724
3,125
495
AK
AL
AM
AN
3
Direct advertising costs by periodical
..
585
474
1,218
328
AO
AP
AQ
AR
3
Direct advertising costs by periodical
..
1,248
420
821
598
AS
AT
AU
AV
3
Direct advertising costs by periodical
..
512
3,691
1,003
1,103
AW
AX
AY
AZ
3
Direct advertising costs by periodical
..
0
1,938
216
816
BA
BB
BC
BD
3
Direct advertising costs by periodical
..
0
993
816
584
BE
BF
BG
BH
3
Direct advertising costs by periodical
..
868
339
110
414
BI
BJ
BK
BL
3
Direct advertising costs by periodical
..
326
374
183
1,407
BM
BN
BO
BP
3
Direct advertising costs by periodical
..
584
616
0
305
BQ
BR
BS
BT
3
Direct advertising costs by periodical
..
682
384
1,012
1,567
BU
BV
BW
BX
3
Direct advertising costs by periodical
..
145
376
358
0
BY
BZ
CA
CB
3
Direct advertising costs by periodical
..
445
520
536
a
Add columns A through D. Enter here and on Part I, line 11, column (B)
.............
55,796
A
B
C
D
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-290
-332
-706
-329
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
E
F
G
H
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-2,086
-471
-653
-983
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
I
J
K
L
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-443
-275
-1,075
-787
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
M
N
O
P
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,012
-323
-626
-333
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Q
R
S
T
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-144
-275
-101
-362
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
U
V
W
X
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-335
-487
-860
-275
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Y
Z
AA
AB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-626
-119
-691
-1,129
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AC
AD
AE
AF
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-357
-197
0
-270
5
Readership costs
........
264,201
6
Circulation income
........
274,485
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AG
AH
AI
AJ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-221
-724
710
-495
5
Readership costs
........
373,370
6
Circulation income
........
295,848
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
77,522
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
710
AK
AL
AM
AN
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-585
-474
-993
-328
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AO
AP
AQ
AR
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,248
-420
-821
-598
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AS
AT
AU
AV
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-512
-3,691
-703
-923
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AW
AX
AY
AZ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
180
2,685
-116
-816
5
Readership costs
........
107,402
416,542
6
Circulation income
........
150,492
215,919
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
200,623
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
2,685
BA
BB
BC
BD
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
0
-993
-816
-584
5
Readership costs
........
34,419
6
Circulation income
........
13,467
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
20,952
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BE
BF
BG
BH
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
287
-339
-110
-134
5
Readership costs
........
248,751
6
Circulation income
........
478,095
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BI
BJ
BK
BL
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-326
-374
167
-1,407
5
Readership costs
........
58,875
6
Circulation income
........
68,475
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BM
BN
BO
BP
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-321
-616
0
-305
5
Readership costs
........
35,461
6
Circulation income
........
73,133
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BQ
BR
BS
BT
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-682
-384
-652
-1,024
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BU
BV
BW
BX
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-145
-376
-358
0
5
Readership costs
........
26,516
6
Circulation income
........
25,945
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
571
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BY
BZ
CA
CB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-445
-520
-536
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
a
Add line 8, columns A through D. Enter the greater of the line 8a, columns total or zero here and on Part II, line 13
3,395
Part X
Compensation of Officers, Directors, and Trustees
(see instructions)
1.
Name
2.
Title
3.
Percentage
of time devoted
to business
4.
Compensation
attributable to
unrelated business
(1)
(2)
(3)
(4)
Total.
Enter here and on Part II, line 1
.........................
Part XI
Supplemental Information
(see instructions)
Schedule A (Form 990-T) 2024
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE A
(Form 990-T)
Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business
Go to
www.irs.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
24
Open to Public Inspection for 501(c)(3) Organizations Only
A
Name of the organization
UNIVERSITY OF CHICAGO
B
Employer identification number
36-2177139
C
Unrelated business activity code (see instructions)
901101
D
Sequence:
1
of
10
E
Describe the unrelated trade or business
INVESTMENT ACTIVITIES
Part I
Unrelated Trade or Business Income
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales
61,600
b
Less returns and allowances
c
Balance
1c
61,600
2
Cost of goods sold (Part III, line 8)
.........
2
1,629,802
3
Gross profit. Subtract line 2 from line 1c
.......
3
61,600
61,600
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions)
............
4a
List of Attached Documents:
// Content
7,138,505
7,138,505
b
Net gain (loss) (Form 4797) (attach Form 4797)
(see instructions)
4b
List of Attached Documents:
// Content
4,168,352
4,168,352
c
Capital loss deduction for trusts
4c
5
Income (loss) from a partnership or an S corporation (attach statement)
................
5
List of Attached Documents:
// Content
6,258,155
6,258,155
6
Rent income (Part IV)
.............
6
6,117,891
5,702,966
414,925
7
Unrelated debt-financed income (Part V)
.......
7
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI)
.............
8
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII)
............
9
10
Exploited exempt activity income (Part VIII)
......
10
11
Advertising income (Part IX)
...........
11
17,758
55,796
-38,038
12
Other income (see instructions; attach statement)
....
12
13
Total.
Combine lines 3 through 12
.........
13
17,565,012
0
17,565,012
Part II
Deductions Not Taken Elsewhere
(See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X)
.................
1
2
Salaries and wages
............................
2
4,528,218
3
Repairs and maintenance
..........................
3
4
Bad debts
...............................
4
5
Interest (attach statement) (see instructions)
...................
5
6
Taxes and licenses
.............................
6
141,300
7
Depreciation (attach Form 4562) (see instructions)
.........
7
8
Less depreciation claimed in Part III and elsewhere on return
.....
8a
8b
9
Depletion
...............................
9
10
Contributions to deferred compensation plans
.....................
10
11
Employee benefit programs
..........................
11
12
Excess exempt expenses (Part VIII)
.......................
12
13
Excess readership costs (Part IX)
........................
13
3,395
14
Other deductions (attach statement)
List of Attached Documents:
// Content
......................
14
781,165
15
Total deductions.
Add lines 1 through 14
.....................
15
5,450,683
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
12,114,329
17
Deduction for net operating loss (see instructions)
..................
17
18
Unrelated business taxable income.
Subtract line 17 from line 16
.............
18
12,114,329
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 74036O
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
2
Part III
Cost of Goods Sold
Enter method of inventory valuation
OTHER APPROVED METHOD
1
Inventory at beginning of year
........................
1
2
Purchases
...............................
2
3
Cost of labor
..............................
3
4
Additional section 263A costs (attach statement)
..................
4
5
Other costs (attach statement)
List of Attached Documents:
// Content
........................
5
1,629,802
6
Total.
Add lines 1 through 5
..........................
6
1,629,802
7
Inventory at end of year
...........................
7
8
Cost of goods sold.
Subtract line 7 from line 6. Enter here and in Part I, line 2
..........
8
1,629,802
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
Yes
No
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
BOOTH CONFERENCE CENTER
CHICAGO
,
IL
60637
B
RUBENSTEIN FORUM
CHICAGO
,
IL
60637
C
STUDENT CENTER RENTALS
CHICAGO
,
IL
60637
D
LOGAN CENTER
CHICAGO
,
IL
60637
A
B
C
D
2
Rent received or accrued
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%)
......
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income)
..........
4,362,799
1,646,915
70,845
37,332
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D
.
4,362,799
1,646,915
70,845
37,332
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A)
.
6,117,891
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement)
.
List of Attached Documents:
// Content
3,608,595
List of Attached Documents:
// Content
2,042,181
List of Attached Documents:
// Content
11,686
List of Attached Documents:
// Content
40,504
5
Total deductions.
Add line 4 columns A through D. Enter here and on Part I, line 6, column (B)
.....
5,702,966
Part V
Unrelated Debt-Financed Income
(see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Gross income from or allocable to debt-financed property
........
3
Deductions directly connected with or allocable to debt-financed property
a
Straight line depreciation (attach statement)
b
Other deductions (attach statement)
...
c
Total deductions (add lines 3a and 3b, columns A through D)
..........
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement)
...........
5
Average adjusted basis of or allocable to debt-financed property (attach statement)
...
6
Divide line 4 by line 5
.......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
8
Total gross income
(add line 7, columns A through D). Enter here and on Part I, line 7, column (A)
....
9
Allocable deductions. Multiply line 3c by line 6
10
Total allocable deductions.
Add line 9, columns A through D. Enter here and on Part I, line 7, column (B)
..
11
Total dividends-received deductions
included in line 10
.................
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations
(see instructions)
1.
Name of controlled organization
2.
Employer identification number
Exempt Controlled Organizations
3.
Net unrelated income (loss)
(see instructions)
4.
Total of specified payments made
5.
Part of column 4 that is included
in the controlling organization's
gross income
6.
Deductions directly connected with income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7.
Taxable income
8.
Net unrelated
income (loss)
(see instructions)
9.
Total of specified payments made
10.
Part of column 9
that is included in the
controlling organization's
gross income
11.
Deductions directly connected with
income in column 10
(1)
(2)
(3)
(4)
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals
.........................
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
1.
Description of income
2.
Amount of income
3.
Deductions directly connected
(attach statement)
4.
Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)
(2)
(3)
(4)
Totals
.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income
(see instructions)
1
Description of exploited activity:
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A)
...
2
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B)
...............................
3
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7
.............................
4
5
Gross income from activity that is not unrelated business income
..............
5
6
Expenses attributable to income entered on line 5
...................
6
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12
..........................
7
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
AJE
List of Attached Documents:
// Content
B
AJHE
List of Attached Documents:
// Content
C
AJS
List of Attached Documents:
// Content
D
AA
List of Attached Documents:
// Content
E
AN
List of Attached Documents:
// Content
F
APT
List of Attached Documents:
// Content
G
AD
List of Attached Documents:
// Content
H
IJPS
List of Attached Documents:
// Content
I
BBL
List of Attached Documents:
// Content
J
BASOR
List of Attached Documents:
// Content
K
CP
List of Attached Documents:
// Content
L
BJPS
List of Attached Documents:
// Content
M
CER
List of Attached Documents:
// Content
N
CHS
List of Attached Documents:
// Content
O
CI
List of Attached Documents:
// Content
P
EDCC
List of Attached Documents:
// Content
Q
EH
List of Attached Documents:
// Content
R
EMW
List of Attached Documents:
// Content
S
ESJ
List of Attached Documents:
// Content
T
ELR
List of Attached Documents:
// Content
U
HAU
List of Attached Documents:
// Content
V
ET
List of Attached Documents:
// Content
W
GES
List of Attached Documents:
// Content
X
HOPOS
List of Attached Documents:
// Content
Y
HR
List of Attached Documents:
// Content
Z
FWS
List of Attached Documents:
// Content
AA
IJAL
List of Attached Documents:
// Content
AB
ISIS
List of Attached Documents:
// Content
AC
ITS
List of Attached Documents:
// Content
AD
REEP
List of Attached Documents:
// Content
AE
JAERE
List of Attached Documents:
// Content
AF
JACR
List of Attached Documents:
// Content
AG
JCS
List of Attached Documents:
// Content
AH
JHC
List of Attached Documents:
// Content
AI
JAAH
List of Attached Documents:
// Content
AJ
JOLE
List of Attached Documents:
// Content
AK
JCE
List of Attached Documents:
// Content
AL
MRE
List of Attached Documents:
// Content
AM
JMH
List of Attached Documents:
// Content
AN
JNES
List of Attached Documents:
// Content
AO
JPE
List of Attached Documents:
// Content
AP
JP
List of Attached Documents:
// Content
AQ
JR
List of Attached Documents:
// Content
AR
NTJ
List of Attached Documents:
// Content
AS
LQ
List of Attached Documents:
// Content
AT
NEA
List of Attached Documents:
// Content
AU
PBSA
List of Attached Documents:
// Content
AV
MP
List of Attached Documents:
// Content
AW
JWCI
List of Attached Documents:
// Content
AX
SPECULUM
List of Attached Documents:
// Content
AY
HOH
List of Attached Documents:
// Content
AZ
JAR
List of Attached Documents:
// Content
BA
OSIRIS
List of Attached Documents:
// Content
BB
PBZ
List of Attached Documents:
// Content
BC
POLITY
List of Attached Documents:
// Content
BD
QRB
List of Attached Documents:
// Content
BE
SI
List of Attached Documents:
// Content
BF
SCHL
List of Attached Documents:
// Content
BG
MAR
List of Attached Documents:
// Content
BH
SSWR
List of Attached Documents:
// Content
BI
TCJ
List of Attached Documents:
// Content
BJ
SOU
List of Attached Documents:
// Content
BK
RD
List of Attached Documents:
// Content
BL
W86
List of Attached Documents:
// Content
BM
WP
List of Attached Documents:
// Content
BN
RES
List of Attached Documents:
// Content
BO
SPS
List of Attached Documents:
// Content
BP
SHAD
List of Attached Documents:
// Content
BQ
TWC
List of Attached Documents:
// Content
BR
TRA
List of Attached Documents:
// Content
BS
SCJ
List of Attached Documents:
// Content
BT
CA
List of Attached Documents:
// Content
BU
JG
List of Attached Documents:
// Content
BV
JLE
List of Attached Documents:
// Content
BW
JLS
List of Attached Documents:
// Content
BX
POG
List of Attached Documents:
// Content
BY
JPEMIC
List of Attached Documents:
// Content
BZ
JPEMAC
List of Attached Documents:
// Content
CA
SSR
List of Attached Documents:
// Content
Enter amounts for each periodical listed above in the corresponding column.
A
B
C
D
2
Gross advertising income
......
0
0
578
438
E
F
G
H
2
Gross advertising income
......
160
200
0
0
I
J
K
L
2
Gross advertising income
......
0
0
0
0
M
N
O
P
2
Gross advertising income
......
0
100
945
0
Q
R
S
T
2
Gross advertising income
......
1,525
0
560
0
U
V
W
X
2
Gross advertising income
......
0
0
125
0
Y
Z
AA
AB
2
Gross advertising income
......
0
0
0
733
AC
AD
AE
AF
2
Gross advertising income
......
0
0
0
0
AG
AH
AI
AJ
2
Gross advertising income
......
0
0
3,835
0
AK
AL
AM
AN
2
Gross advertising income
......
0
0
225
0
AO
AP
AQ
AR
2
Gross advertising income
......
0
0
0
0
AS
AT
AU
AV
2
Gross advertising income
......
0
0
300
180
AW
AX
AY
AZ
2
Gross advertising income
......
180
4,623
100
0
BA
BB
BC
BD
2
Gross advertising income
......
0
0
0
0
BE
BF
BG
BH
2
Gross advertising income
......
1,155
0
0
280
BI
BJ
BK
BL
2
Gross advertising income
......
0
0
350
0
BM
BN
BO
BP
2
Gross advertising income
......
263
0
0
0
BQ
BR
BS
BT
2
Gross advertising income
......
0
0
360
543
BU
BV
BW
BX
2
Gross advertising income
......
0
0
0
0
BY
BZ
CA
CB
2
Gross advertising income
......
0
0
0
a
Add columns A through D. Enter here and on Part I, line 11, column (A)
.............
17,758
A
B
C
D
3
Direct advertising costs by periodical
..
290
332
1,284
767
E
F
G
H
3
Direct advertising costs by periodical
..
2,246
671
653
983
I
J
K
L
3
Direct advertising costs by periodical
..
443
275
1,075
787
M
N
O
P
3
Direct advertising costs by periodical
..
1,012
423
1,571
333
Q
R
S
T
3
Direct advertising costs by periodical
..
1,669
275
661
362
U
V
W
X
3
Direct advertising costs by periodical
..
335
487
985
275
Y
Z
AA
AB
3
Direct advertising costs by periodical
..
626
119
691
1,862
AC
AD
AE
AF
3
Direct advertising costs by periodical
..
357
197
0
270
AG
AH
AI
AJ
3
Direct advertising costs by periodical
..
221
724
3,125
495
AK
AL
AM
AN
3
Direct advertising costs by periodical
..
585
474
1,218
328
AO
AP
AQ
AR
3
Direct advertising costs by periodical
..
1,248
420
821
598
AS
AT
AU
AV
3
Direct advertising costs by periodical
..
512
3,691
1,003
1,103
AW
AX
AY
AZ
3
Direct advertising costs by periodical
..
0
1,938
216
816
BA
BB
BC
BD
3
Direct advertising costs by periodical
..
0
993
816
584
BE
BF
BG
BH
3
Direct advertising costs by periodical
..
868
339
110
414
BI
BJ
BK
BL
3
Direct advertising costs by periodical
..
326
374
183
1,407
BM
BN
BO
BP
3
Direct advertising costs by periodical
..
584
616
0
305
BQ
BR
BS
BT
3
Direct advertising costs by periodical
..
682
384
1,012
1,567
BU
BV
BW
BX
3
Direct advertising costs by periodical
..
145
376
358
0
BY
BZ
CA
CB
3
Direct advertising costs by periodical
..
445
520
536
a
Add columns A through D. Enter here and on Part I, line 11, column (B)
.............
55,796
A
B
C
D
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-290
-332
-706
-329
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
E
F
G
H
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-2,086
-471
-653
-983
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
I
J
K
L
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-443
-275
-1,075
-787
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
M
N
O
P
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,012
-323
-626
-333
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Q
R
S
T
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-144
-275
-101
-362
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
U
V
W
X
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-335
-487
-860
-275
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Y
Z
AA
AB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-626
-119
-691
-1,129
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AC
AD
AE
AF
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-357
-197
0
-270
5
Readership costs
........
264,201
6
Circulation income
........
274,485
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AG
AH
AI
AJ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-221
-724
710
-495
5
Readership costs
........
373,370
6
Circulation income
........
295,848
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
77,522
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
710
AK
AL
AM
AN
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-585
-474
-993
-328
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AO
AP
AQ
AR
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,248
-420
-821
-598
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AS
AT
AU
AV
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-512
-3,691
-703
-923
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AW
AX
AY
AZ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
180
2,685
-116
-816
5
Readership costs
........
107,402
416,542
6
Circulation income
........
150,492
215,919
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
200,623
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
2,685
BA
BB
BC
BD
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
0
-993
-816
-584
5
Readership costs
........
34,419
6
Circulation income
........
13,467
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
20,952
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BE
BF
BG
BH
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
287
-339
-110
-134
5
Readership costs
........
248,751
6
Circulation income
........
478,095
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BI
BJ
BK
BL
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-326
-374
167
-1,407
5
Readership costs
........
58,875
6
Circulation income
........
68,475
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BM
BN
BO
BP
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-321
-616
0
-305
5
Readership costs
........
35,461
6
Circulation income
........
73,133
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BQ
BR
BS
BT
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-682
-384
-652
-1,024
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BU
BV
BW
BX
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-145
-376
-358
0
5
Readership costs
........
26,516
6
Circulation income
........
25,945
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
571
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BY
BZ
CA
CB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-445
-520
-536
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
a
Add line 8, columns A through D. Enter the greater of the line 8a, columns total or zero here and on Part II, line 13
3,395
Part X
Compensation of Officers, Directors, and Trustees
(see instructions)
1.
Name
2.
Title
3.
Percentage
of time devoted
to business
4.
Compensation
attributable to
unrelated business
(1)
(2)
(3)
(4)
Total.
Enter here and on Part II, line 1
.........................
Part XI
Supplemental Information
(see instructions)
Schedule A (Form 990-T) 2024
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE A
(Form 990-T)
Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business
Go to
www.irs.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
24
Open to Public Inspection for 501(c)(3) Organizations Only
A
Name of the organization
UNIVERSITY OF CHICAGO
B
Employer identification number
36-2177139
C
Unrelated business activity code (see instructions)
901101
D
Sequence:
1
of
10
E
Describe the unrelated trade or business
INVESTMENT ACTIVITIES
Part I
Unrelated Trade or Business Income
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales
61,600
b
Less returns and allowances
c
Balance
1c
61,600
2
Cost of goods sold (Part III, line 8)
.........
2
1,629,802
3
Gross profit. Subtract line 2 from line 1c
.......
3
61,600
61,600
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions)
............
4a
List of Attached Documents:
// Content
7,138,505
7,138,505
b
Net gain (loss) (Form 4797) (attach Form 4797)
(see instructions)
4b
List of Attached Documents:
// Content
4,168,352
4,168,352
c
Capital loss deduction for trusts
4c
5
Income (loss) from a partnership or an S corporation (attach statement)
................
5
List of Attached Documents:
// Content
6,258,155
6,258,155
6
Rent income (Part IV)
.............
6
6,117,891
5,702,966
414,925
7
Unrelated debt-financed income (Part V)
.......
7
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI)
.............
8
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII)
............
9
10
Exploited exempt activity income (Part VIII)
......
10
11
Advertising income (Part IX)
...........
11
17,758
55,796
-38,038
12
Other income (see instructions; attach statement)
....
12
13
Total.
Combine lines 3 through 12
.........
13
17,565,012
0
17,565,012
Part II
Deductions Not Taken Elsewhere
(See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X)
.................
1
2
Salaries and wages
............................
2
4,528,218
3
Repairs and maintenance
..........................
3
4
Bad debts
...............................
4
5
Interest (attach statement) (see instructions)
...................
5
6
Taxes and licenses
.............................
6
141,300
7
Depreciation (attach Form 4562) (see instructions)
.........
7
8
Less depreciation claimed in Part III and elsewhere on return
.....
8a
8b
9
Depletion
...............................
9
10
Contributions to deferred compensation plans
.....................
10
11
Employee benefit programs
..........................
11
12
Excess exempt expenses (Part VIII)
.......................
12
13
Excess readership costs (Part IX)
........................
13
3,395
14
Other deductions (attach statement)
List of Attached Documents:
// Content
......................
14
781,165
15
Total deductions.
Add lines 1 through 14
.....................
15
5,450,683
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
12,114,329
17
Deduction for net operating loss (see instructions)
..................
17
18
Unrelated business taxable income.
Subtract line 17 from line 16
.............
18
12,114,329
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 74036O
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
2
Part III
Cost of Goods Sold
Enter method of inventory valuation
OTHER APPROVED METHOD
1
Inventory at beginning of year
........................
1
2
Purchases
...............................
2
3
Cost of labor
..............................
3
4
Additional section 263A costs (attach statement)
..................
4
5
Other costs (attach statement)
List of Attached Documents:
// Content
........................
5
1,629,802
6
Total.
Add lines 1 through 5
..........................
6
1,629,802
7
Inventory at end of year
...........................
7
8
Cost of goods sold.
Subtract line 7 from line 6. Enter here and in Part I, line 2
..........
8
1,629,802
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
Yes
No
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
BOOTH CONFERENCE CENTER
CHICAGO
,
IL
60637
B
RUBENSTEIN FORUM
CHICAGO
,
IL
60637
C
STUDENT CENTER RENTALS
CHICAGO
,
IL
60637
D
LOGAN CENTER
CHICAGO
,
IL
60637
A
B
C
D
2
Rent received or accrued
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%)
......
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income)
..........
4,362,799
1,646,915
70,845
37,332
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D
.
4,362,799
1,646,915
70,845
37,332
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A)
.
6,117,891
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement)
.
List of Attached Documents:
// Content
3,608,595
List of Attached Documents:
// Content
2,042,181
List of Attached Documents:
// Content
11,686
List of Attached Documents:
// Content
40,504
5
Total deductions.
Add line 4 columns A through D. Enter here and on Part I, line 6, column (B)
.....
5,702,966
Part V
Unrelated Debt-Financed Income
(see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Gross income from or allocable to debt-financed property
........
3
Deductions directly connected with or allocable to debt-financed property
a
Straight line depreciation (attach statement)
b
Other deductions (attach statement)
...
c
Total deductions (add lines 3a and 3b, columns A through D)
..........
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement)
...........
5
Average adjusted basis of or allocable to debt-financed property (attach statement)
...
6
Divide line 4 by line 5
.......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
8
Total gross income
(add line 7, columns A through D). Enter here and on Part I, line 7, column (A)
....
9
Allocable deductions. Multiply line 3c by line 6
10
Total allocable deductions.
Add line 9, columns A through D. Enter here and on Part I, line 7, column (B)
..
11
Total dividends-received deductions
included in line 10
.................
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations
(see instructions)
1.
Name of controlled organization
2.
Employer identification number
Exempt Controlled Organizations
3.
Net unrelated income (loss)
(see instructions)
4.
Total of specified payments made
5.
Part of column 4 that is included
in the controlling organization's
gross income
6.
Deductions directly connected with income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7.
Taxable income
8.
Net unrelated
income (loss)
(see instructions)
9.
Total of specified payments made
10.
Part of column 9
that is included in the
controlling organization's
gross income
11.
Deductions directly connected with
income in column 10
(1)
(2)
(3)
(4)
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals
.........................
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
1.
Description of income
2.
Amount of income
3.
Deductions directly connected
(attach statement)
4.
Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)
(2)
(3)
(4)
Totals
.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income
(see instructions)
1
Description of exploited activity:
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A)
...
2
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B)
...............................
3
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7
.............................
4
5
Gross income from activity that is not unrelated business income
..............
5
6
Expenses attributable to income entered on line 5
...................
6
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12
..........................
7
Schedule A (Form 990-T) 2024
Schedule A (Form 990-T) 2024
Page
4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
AJE
List of Attached Documents:
// Content
B
AJHE
List of Attached Documents:
// Content
C
AJS
List of Attached Documents:
// Content
D
AA
List of Attached Documents:
// Content
E
AN
List of Attached Documents:
// Content
F
APT
List of Attached Documents:
// Content
G
AD
List of Attached Documents:
// Content
H
IJPS
List of Attached Documents:
// Content
I
BBL
List of Attached Documents:
// Content
J
BASOR
List of Attached Documents:
// Content
K
CP
List of Attached Documents:
// Content
L
BJPS
List of Attached Documents:
// Content
M
CER
List of Attached Documents:
// Content
N
CHS
List of Attached Documents:
// Content
O
CI
List of Attached Documents:
// Content
P
EDCC
List of Attached Documents:
// Content
Q
EH
List of Attached Documents:
// Content
R
EMW
List of Attached Documents:
// Content
S
ESJ
List of Attached Documents:
// Content
T
ELR
List of Attached Documents:
// Content
U
HAU
List of Attached Documents:
// Content
V
ET
List of Attached Documents:
// Content
W
GES
List of Attached Documents:
// Content
X
HOPOS
List of Attached Documents:
// Content
Y
HR
List of Attached Documents:
// Content
Z
FWS
List of Attached Documents:
// Content
AA
IJAL
List of Attached Documents:
// Content
AB
ISIS
List of Attached Documents:
// Content
AC
ITS
List of Attached Documents:
// Content
AD
REEP
List of Attached Documents:
// Content
AE
JAERE
List of Attached Documents:
// Content
AF
JACR
List of Attached Documents:
// Content
AG
JCS
List of Attached Documents:
// Content
AH
JHC
List of Attached Documents:
// Content
AI
JAAH
List of Attached Documents:
// Content
AJ
JOLE
List of Attached Documents:
// Content
AK
JCE
List of Attached Documents:
// Content
AL
MRE
List of Attached Documents:
// Content
AM
JMH
List of Attached Documents:
// Content
AN
JNES
List of Attached Documents:
// Content
AO
JPE
List of Attached Documents:
// Content
AP
JP
List of Attached Documents:
// Content
AQ
JR
List of Attached Documents:
// Content
AR
NTJ
List of Attached Documents:
// Content
AS
LQ
List of Attached Documents:
// Content
AT
NEA
List of Attached Documents:
// Content
AU
PBSA
List of Attached Documents:
// Content
AV
MP
List of Attached Documents:
// Content
AW
JWCI
List of Attached Documents:
// Content
AX
SPECULUM
List of Attached Documents:
// Content
AY
HOH
List of Attached Documents:
// Content
AZ
JAR
List of Attached Documents:
// Content
BA
OSIRIS
List of Attached Documents:
// Content
BB
PBZ
List of Attached Documents:
// Content
BC
POLITY
List of Attached Documents:
// Content
BD
QRB
List of Attached Documents:
// Content
BE
SI
List of Attached Documents:
// Content
BF
SCHL
List of Attached Documents:
// Content
BG
MAR
List of Attached Documents:
// Content
BH
SSWR
List of Attached Documents:
// Content
BI
TCJ
List of Attached Documents:
// Content
BJ
SOU
List of Attached Documents:
// Content
BK
RD
List of Attached Documents:
// Content
BL
W86
List of Attached Documents:
// Content
BM
WP
List of Attached Documents:
// Content
BN
RES
List of Attached Documents:
// Content
BO
SPS
List of Attached Documents:
// Content
BP
SHAD
List of Attached Documents:
// Content
BQ
TWC
List of Attached Documents:
// Content
BR
TRA
List of Attached Documents:
// Content
BS
SCJ
List of Attached Documents:
// Content
BT
CA
List of Attached Documents:
// Content
BU
JG
List of Attached Documents:
// Content
BV
JLE
List of Attached Documents:
// Content
BW
JLS
List of Attached Documents:
// Content
BX
POG
List of Attached Documents:
// Content
BY
JPEMIC
List of Attached Documents:
// Content
BZ
JPEMAC
List of Attached Documents:
// Content
CA
SSR
List of Attached Documents:
// Content
Enter amounts for each periodical listed above in the corresponding column.
A
B
C
D
2
Gross advertising income
......
0
0
578
438
E
F
G
H
2
Gross advertising income
......
160
200
0
0
I
J
K
L
2
Gross advertising income
......
0
0
0
0
M
N
O
P
2
Gross advertising income
......
0
100
945
0
Q
R
S
T
2
Gross advertising income
......
1,525
0
560
0
U
V
W
X
2
Gross advertising income
......
0
0
125
0
Y
Z
AA
AB
2
Gross advertising income
......
0
0
0
733
AC
AD
AE
AF
2
Gross advertising income
......
0
0
0
0
AG
AH
AI
AJ
2
Gross advertising income
......
0
0
3,835
0
AK
AL
AM
AN
2
Gross advertising income
......
0
0
225
0
AO
AP
AQ
AR
2
Gross advertising income
......
0
0
0
0
AS
AT
AU
AV
2
Gross advertising income
......
0
0
300
180
AW
AX
AY
AZ
2
Gross advertising income
......
180
4,623
100
0
BA
BB
BC
BD
2
Gross advertising income
......
0
0
0
0
BE
BF
BG
BH
2
Gross advertising income
......
1,155
0
0
280
BI
BJ
BK
BL
2
Gross advertising income
......
0
0
350
0
BM
BN
BO
BP
2
Gross advertising income
......
263
0
0
0
BQ
BR
BS
BT
2
Gross advertising income
......
0
0
360
543
BU
BV
BW
BX
2
Gross advertising income
......
0
0
0
0
BY
BZ
CA
CB
2
Gross advertising income
......
0
0
0
a
Add columns A through D. Enter here and on Part I, line 11, column (A)
.............
17,758
A
B
C
D
3
Direct advertising costs by periodical
..
290
332
1,284
767
E
F
G
H
3
Direct advertising costs by periodical
..
2,246
671
653
983
I
J
K
L
3
Direct advertising costs by periodical
..
443
275
1,075
787
M
N
O
P
3
Direct advertising costs by periodical
..
1,012
423
1,571
333
Q
R
S
T
3
Direct advertising costs by periodical
..
1,669
275
661
362
U
V
W
X
3
Direct advertising costs by periodical
..
335
487
985
275
Y
Z
AA
AB
3
Direct advertising costs by periodical
..
626
119
691
1,862
AC
AD
AE
AF
3
Direct advertising costs by periodical
..
357
197
0
270
AG
AH
AI
AJ
3
Direct advertising costs by periodical
..
221
724
3,125
495
AK
AL
AM
AN
3
Direct advertising costs by periodical
..
585
474
1,218
328
AO
AP
AQ
AR
3
Direct advertising costs by periodical
..
1,248
420
821
598
AS
AT
AU
AV
3
Direct advertising costs by periodical
..
512
3,691
1,003
1,103
AW
AX
AY
AZ
3
Direct advertising costs by periodical
..
0
1,938
216
816
BA
BB
BC
BD
3
Direct advertising costs by periodical
..
0
993
816
584
BE
BF
BG
BH
3
Direct advertising costs by periodical
..
868
339
110
414
BI
BJ
BK
BL
3
Direct advertising costs by periodical
..
326
374
183
1,407
BM
BN
BO
BP
3
Direct advertising costs by periodical
..
584
616
0
305
BQ
BR
BS
BT
3
Direct advertising costs by periodical
..
682
384
1,012
1,567
BU
BV
BW
BX
3
Direct advertising costs by periodical
..
145
376
358
0
BY
BZ
CA
CB
3
Direct advertising costs by periodical
..
445
520
536
a
Add columns A through D. Enter here and on Part I, line 11, column (B)
.............
55,796
A
B
C
D
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-290
-332
-706
-329
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
E
F
G
H
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-2,086
-471
-653
-983
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
I
J
K
L
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-443
-275
-1,075
-787
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
M
N
O
P
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,012
-323
-626
-333
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Q
R
S
T
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-144
-275
-101
-362
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
U
V
W
X
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-335
-487
-860
-275
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
Y
Z
AA
AB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-626
-119
-691
-1,129
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AC
AD
AE
AF
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-357
-197
0
-270
5
Readership costs
........
264,201
6
Circulation income
........
274,485
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AG
AH
AI
AJ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-221
-724
710
-495
5
Readership costs
........
373,370
6
Circulation income
........
295,848
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
77,522
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
710
AK
AL
AM
AN
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-585
-474
-993
-328
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AO
AP
AQ
AR
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-1,248
-420
-821
-598
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AS
AT
AU
AV
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-512
-3,691
-703
-923
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
AW
AX
AY
AZ
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
180
2,685
-116
-816
5
Readership costs
........
107,402
416,542
6
Circulation income
........
150,492
215,919
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
200,623
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
2,685
BA
BB
BC
BD
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
0
-993
-816
-584
5
Readership costs
........
34,419
6
Circulation income
........
13,467
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
20,952
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BE
BF
BG
BH
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
287
-339
-110
-134
5
Readership costs
........
248,751
6
Circulation income
........
478,095
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BI
BJ
BK
BL
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-326
-374
167
-1,407
5
Readership costs
........
58,875
6
Circulation income
........
68,475
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BM
BN
BO
BP
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-321
-616
0
-305
5
Readership costs
........
35,461
6
Circulation income
........
73,133
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BQ
BR
BS
BT
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-682
-384
-652
-1,024
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
BU
BV
BW
BX
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-145
-376
-358
0
5
Readership costs
........
26,516
6
Circulation income
........
25,945
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
571
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
0
BY
BZ
CA
CB
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
-445
-520
-536
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
a
Add line 8, columns A through D. Enter the greater of the line 8a, columns total or zero here and on Part II, line 13
3,395
Part X
Compensation of Officers, Directors, and Trustees
(see instructions)
1.
Name
2.
Title
3.
Percentage
of time devoted
to business
4.
Compensation
attributable to
unrelated business
(1)
(2)
(3)
(4)
Total.
Enter here and on Part II, line 1
.........................
Part XI
Supplemental Information
(see instructions)
Schedule A (Form 990-T) 2024
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE D
(Form 1120)
List of Attached Documents:
// Content
Department of the Treasury
Internal Revenue Service
Capital Gains and Losses
Attach to Form 1120, 1120-C, 1120-F, 1120-FSC, 1120-H, 1120-IC-DISC, 1120-L,
1120-ND, 1120-PC, 1120-POL, 1120-REIT, 1120-RIC, 1120-SF, or certain Forms 990-T.
Go to
www.irs.gov/Form1120
for instructions and the latest information.
OMB No. 1545-0123
20
24
Name
UNIVERSITY OF CHICAGO
Employer identification number
36-2177139
Did the corporation dispose of any investment(s) in a qualified opportunity fund during the tax year?
.......
Yes
No
If “Yes,” attach Form 8949 and see its instructions for additional requirements for reporting your gain or loss.
Part I
Short–Term Capital Gains and Losses –– Generally Assets Held One Year or Less (see instructions)
See instructions for how to figure the amounts to enter on the lines below.
This form may be easier to complete if you round off cents to whole dollars.
(d)
Proceeds
(e)
Cost
(g)
Adjustments to gain or loss from Form(s) 8949, Part 1, line 2, column (g)
(h) Gain or (loss)
Subtract column (e) from column (d) and combine the result with column (g)
1a
Totals for all short-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if you choose to report all these transactions on Form 8949, leave this line blank and go to line 1b
1b
Totals for all transactions reported on
Form(s) 8949 with
Box A
checked
2
Totals for all transactions reported on
Form(s) 8949 with
Box B
checked
3
Totals for all transactions reported on
Form(s) 8949 with
Box C
checked
2,610,310
4
Short-term capital gain from installment sales from Form 6252, line 26 or 37
...........
4
5
Short-term capital gain or (loss) from like-kind exchanges from Form 8824
...........
5
6
Unused capital loss carryover (attach computation)
..................
6
(
)
7
Net short-term capital gain or (loss). Combine lines 1a through 6 in column h
...........
7
2,610,310
Part II
Long–Term Capital Gains and Losses –– Generally Assets Held More Than One Year (see instructions)
See instructions for how to figure the amounts to enter on the lines below.
This form may be easier to complete if you round off cents to whole dollars.
(d)
Proceeds
(e)
Cost
(g)
Adjustments to gain or loss from Form(s) 8949, Part II, line 2, column (g)
(h) Gain or (loss)
Subtract column (e) from column (d) and combine the result with column (g)
8a
Totals for all long-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if you choose to report all these transactions on Form 8949, leave this line blank and go to line 8b
8b
Totals for all transactions reported on
Form(s) 8949 with
Box D
checked
9
Totals for all transactions reported on
Form(s) 8949 with
Box E
checked
10
Totals for all transactions reported on
Form(s) 8949 with
Box F
checked
4,528,195
11
Enter gain from Form 4797, line 7 or 9
.......................
11
12
Long-term capital gain from installment sales from Form 6252, line 26 or 37
...........
12
13
Long-term capital gain or (loss) from like-kind exchanges from Form 8824
...........
13
14
Capital gain distributions (see instructions)
.....................
14
15
Net long-term capital gain or (loss). Combine lines 8a through 14 in column h
..........
15
4,528,195
Part III
Summary of Parts I and II
16
Enter excess of net short-term capital gain (line 7) over net long-term capital loss (line 15)
......
16
2,610,310
17
Net capital gain. Enter excess of net long-term capital gain (line 15) over net short-term capital loss (line 7)
.
17
4,528,195
18
Add lines 16 and 17. Enter here and on Form 1120, page 1, line 8, or the applicable line on other returns
..
18
7,138,505
Note:
If losses exceed gains, see
Capital losses
in the instructions.
For Paperwork Reduction Act Notice, see the Instructions for Form 1120.
Cat. No. 11460M
Schedule D (Form 1120) 2024
Additional Data
Software ID:
Software Version:
-
TIN:
Form
3800
Department of the Treasury
Internal Revenue Service
General Business Credit
Go to
www.irs.gov/Form3800
for instructions and the latest information.
You must include all pages of Form 3800 with your return.
OMB No. 1545-0895
20
24
Attachment Sequence No.
22
Name(s) shown on return
UNIVERSITY OF CHICAGO
Identifying number
36-2177139
A
Corporate Alternative Minimum Tax (CAMT) and Base Erosion Anti-Abuse Tax (BEAT).
Are you both (a) an “applicable corporation” within the meaning of section 59(k)(1) for the CAMT, and (b) an “applicable taxpayer” within the meaning of section 59A(e) for the BEAT? See instructions
...........
Yes
No
Part I
Credits Not Allowed Against Tentative Minimum Tax (TMT)
Complete applicable portions of Parts III and IV before Parts I and II. See Instructions.
1
Credits not subject to the passive activity limit from Part III, line 2: combine column (e) with non-passive amounts from column (f).
..........
1
135,950
2
Credits subject to the passive activity limit. Combine from Part III, line 2, column (d), and passive amounts included on line 2, column (f); and Part IV, line 6, column (d)
............................
2
0
3
Enter the portion of line 2 allowed for 2024.
......................................
3
0
4
Enter the portion of Part IV, column (f), line 6, that is from carryforwards to 2024.
.........................
4
418,733
Check this box if the carryforward was changed or revised from the original reported amount
.....................
5
Enter the portion of Part IV, column (f), line 6, that is from carrybacks from 2025.
..........................
5
0
6
Add lines 1, 3, 4, and 5
............................................
6
554,683
Part II
Figuring Credit Allowed After Limitations
Section A - Figuring Credit Allowed After Section 38(c)(1) Limitation Based on Amount of Tax
7
Regular tax before credits:
Individuals. Enter the sum of the amounts from Form 1040, 1040-SR, or 1040-NR, line 16; and Schedule 2 (Form 1040), line 1z.
Corporations. Enter the amount from Form 1120, Schedule J, Part I, line 2 (excluding the base erosion minimum tax entered on line 1f); or the applicable line of your return.
Estates and trusts. Enter the sum of the amounts from Form 1041, Schedule G, lines 1a, 1b and 1d, plus any Form 8978 amount included on line 1e; or the amount from the applicable line of your return.
.....
7
0
8
Alternative minimum tax:
Individuals. Enter the amount from Form 6251, line 11.
Corporations. Enter the amount from Form 4626, Part II, line 13.
Estates and trusts. Enter the amount from Schedule I (Form 1041), line 54.
.....
8
9
Add lines 7 and 8
..............................................
9
0
10a
Foreign tax credit
....................................
10a
0
b
Certain allowable credits (see instructions)
............................
10b
0
c
Add lines 10a and 10b
.............................................
10c
0
11
Net income tax.
Subtract line 10c from line 9. If zero, skip lines 12 through 15 and enter -0- on line 16
...................
11
0
12
Net regular tax.
Subtract line 10c from line 7. If zero or less, enter -0-
...................
12
0
13
Enter 25% (0.25) of the excess, if any, of line 12 (line 11 for corporations) over $25,000. See instructions
........
13
0
14
Tentative minimum tax:
Individuals. Enter the amount from Form 6251, line 9.
Corporations. Enter -0-.
Estates and trusts. Enter the amount from Schedule I (Form 1041), line 52.
..
14
0
15
Enter the greater of line 13 or line 14
........................................
15
0
16
Subtract line 15 from line 11. If zero or less, enter -0-
...................................
16
0
17
Enter the
smaller
of line 6 or line 16. This is the amount of your credit allowed after the limitation of section 38(c)(1)
..............
17
0
C corporations:
See the line 17 instructions if there has been an ownership change, acquisition, or reorganization.
For Paperwork Reduction Act Notice, see separate instructions.
Cat. No. 12392F
Form
3800
(2024)
Form 3800 (2024)
Page
2
Part II
Figuring Credit Allowed After Limitations
(Continued)
Section B - Figuring Section 38(c)(2) Empowerment Zone and Community Renewal Employment Credit Allowed
.
Note:
If you are not required to report any amounts on lines 22 or 24 below, skip lines 18 through 25 and enter -0- on line 26.
18
Multiply line 14 by 75% (0.75). See instructions
.....................................
18
0
19
Enter the greater of line 13 or line 18
........................................
19
0
20
Subtract line 19 from line 11. If zero or less, enter -0-
..................................
20
0
21
Subtract line 17 from line 20. If zero or less, enter -0-
..................................
21
0
22
Combine the amounts from line 3 of Part III, column (e), with the amount from line 3 of Part IV, column (f).
.................
22
0
23
Passive activity credit from line 3 of Part III, column (d) plus the amount from line 3 of Part IV, column (d)
........
23
0
24
Enter the applicable passive activity credit allowed for 2024. See instructions
...........................
24
0
25
Add lines 22 and 24
.............................................
25
0
26
Empowerment zone and renewal community employment credit allowed. Enter the smaller of line 21 or line 25
.................
26
0
Section C - Figuring the Specified Credit Amount Allowed Under Section 38(c)(4)
27
Subtract line 13 from line 11. If zero or less, enter -0-
..................................
27
0
28
Add lines 17 and 26
.............................................
28
0
29
Subtract line 28 from line 27. If zero or less, enter -0-
..................................
29
0
30
Enter the general business credit from line 5 of Part III: combine column (e) with non-passive amounts in column (f). See instructions
.........
30
32,308
31
Reserved
.................................................
31
32
Passive activity credits from line 5 of Part III: combine column (d) with passive amounts in column (f). See instructions
....
32
0
33
Enter the applicable passive activity credits allowed for 2024. See instructions
...........................
33
0
34
Carryforward of business credit to 2024. Enter the amount of carryforwards from line 7 of Part IV, column (g).
....
See instructions for statement to attach
34
3,362
Check this box if the carryforward was changed or revised from the original reported amount
.....................
35
.............
Carryback of business credit from 2025. Enter the amount of carrybacks from line 7 of Part IV, column (g). See instructions
35
0
36
Add lines 30, 33, 34, and 35
..........................................
36
35,670
37
Enter the
smaller
of line 29 or line 36. This is the amount allowed for specified credits
........................
37
0
Section D - Credits Allowed After Limitations
38
Credit allowed for the current year.
Add lines 28 and 37.
Report the amount from line 38 (if smaller than the sum of Part I, line 6, and Part II, lines 25 and 36; see instructions) as indicated below or on the applicable line of your return.
Individuals. Schedule 3 (Form 1040), line 6a.
Corporations. Form 1120, Schedule J, Part I, line 5c.
Estates and trusts. Form 1041, Schedule G, line 2b.
...............
38
0
Form
3800
(2024)
Form 3800 (2024)
Page
3
Part III
Current Year General Business Credits (GBCs)
(see instructions). If there is more than one number applicable for column (b) or (c) for a line in Part III, enter the number of such items in column (a), complete Part V, and see instructions for what to report on that line in Part III.
Current year credits from:
(a)
No. of items
(b)
Elective payment or transferor registration number
(c)
Pass-through or transferor credit entity EIN
(d)
Credits subject to the passive activity limit, before application of the limit
(e)
Credits not subject to the passive activity limits
(f)
Credit transfer election amount (enter amounts transferred out as a negative amount)
(g)
Combine columns (e) and (f) with the credit from column (d) allowed after the passive activity limit
(h)
Gross elective payment election (EPE) amount
(i)
Amount of column (g) applied against tax in Part II
(j)
Net EPE amount. Enter the smaller of column (h)
or
column (g) minus column (i)
1a
Form 3468, Part II
b
Form 7207
c
Form 6765
19
82-2325117
135,950
135,950
d
Form 3468, Part III
e
Form 8826
f
Form 8835, Part II
g
Form 7210
h
Form 8820
i
Form 8874
j
Form 8881, Part I
k
Form 8882
l
Form 8864 (diesel)
m
Form 8896
n
Form 8906
o
Form 3468, Part IV
p
Form 8908
q
Form 7218, Part II
r
Reserved
s
Form 8911, Part I
t
Form 8830
u
Form 7213, Part II
v
Form 3468, Part V
w
Form 8932
x
Form 8933
y
Form 8936, Part II
z
Reserved
aa
Form 8936, Part V
bb
Form 8904
cc
Form 7213, Part I
dd
Form 8881, Part II
ee
Form 8881, Part III
ff
Form 8864, Line 8
gg
Form 7211, Part II
hh
Reserved
ii
Reserved
zz
Other credits
2
Add lines 1a through 1zz
135,950
135,950
Form
3800
(2024)
Form 3800 (2024)
Page
4
Part III
Current Year General Business Credits (GBCs)
(see instructions). If there is more than one number applicable for column (b) or (c) for a line in Part III, enter the number of such items in column (a), complete Part V, and see instructions for what to report on that line in Part III.
(continued)
Current year credits from:
(a)
No. of items
(b)
Elective payment or transferor registration number
(c)
Pass-through or transferor credit entity EIN
(d)
Credits subject to the passive activity limit, before application of the limit
(e)
Credits not subject to the passive activity limits
(f)
Credit transfer election amount (enter amounts transferred out as a negative amount)
(g)
Combine columns (e) and (f) with the credit from column (d) allowed after the passive activity limit
(h)
Gross elective payment election (EPE) amount
(i)
Amount of column (g) applied against tax in Part II
(j)
Net EPE amount. Enter the smaller of column (h)
or
column (g) minus column (i)
3
Form 8844
4
Specified credits:
a
Form 3468, Part VI
b
Form 5884
c
Form 6478
d
Form 8586
04-3455023
145
145
e
Form 8835, Part II
f
Form 8846
3
85-0558186
4,519
4,519
g
Form 8900
h
Form 8941
i
Form 6765 (ESB)
j
Form 8994
k
Form 3468, Part VII
l
Reserved
m
Reserved
z
Other specified credits
10
81-0788984
27,644
27,644
5
Add lines 4a-4z
32,308
32,308
6
Add lines 2, 3, and 5
168,258
168,258
Form
3800
(2024)
Form 3800 (2024)
Page
5
Part IV
Carryovers of General Business Credits (GBCs)
(see instructions)
Carryover
Credits carried over to tax year 2024
(a)
No. of items
(b)
Originating tax year
(c)
Pass-through entity EIN
Subject to the passive activity limits
(f)
Not subject to passive activity limits
(g)
Amount of columns (e) and (f) applied against tax in Part II
(h)
Amount of columns (e) and (f) recaptured or otherwise adjusted
(i)
Carryforward to 2025. Subtract the sum of columns (g) and (h) from the sum of columns (e) and (f)
(d)
Before
the passive activity limitations
(e)
After
the passive activity limitations
1a
Form 3468, Part II
b
Form 7207
c
Form 6765
45
2022
82-2325117
418,492
418,492
d
Form 3468, Part III
e
Form 8826
f
Form 8835, Part II
g
Form 7210
h
Form 8820
i
Form 8874
j
Form 8881, Part I
k
Form 8882
l
Form 8864
m
Form 8896
n
Form 8906
o
Form 3468, Part IV
p
Form 8908
1
2022
46-0850598
241
241
q
Reserved
r
Reserved
s
Form 8911
t
Form 8830
u
Form 7213, Part II
v
Form 3468, Part V
w
Form 8932
x
Form 8933
y
Form 8936, Part II
z
Reserved
aa
Form 8936, Part V
bb
Form 8904
cc
Form 7213, Part I
dd
Form 8881, Part II
ee
Form 8881, Part III
ff
Form 8864
gg
Reserved
hh
Reserved
ii
Reserved
jj
Reserved
zz
Other
Form
3800
(2024)
Form 3800 (2024)
Page
6
Part IV
Carryovers of General Business Credits (GBCs)
(see instructions)
(continued)
Carryover
Credits carried over to tax year 2024
Note:
Credits on lines 2a through 2x are expired. Only carryforwards are allowed.
(a)
No. of items
(b)
Originating tax year
(c)
Pass-through entity EIN
Subject to the passive activity limits
(f)
Not subject to passive activity limits
(g)
Amount of columns (e) and (f) applied against tax in Part II
(h)
Amount of columns (e) and (f) recaptured or otherwise adjusted
(i)
Carryforward to 2025. Subtract the sum of columns (g) and (h) from the sum of columns (e) and (f)
(d)
Before
the passive activity limitations
(e)
After
the passive activity limitations
a
Form 5884-A
b
Form 8586 (pre-2008)
c
Form 8845
d
Form 8907
e
Form 8909
f
Form 8923
g
Form 8834
h
Form 8931
i
Form 1065-B
j
Form 5884 (pre-2007)
k
Form 6478 (pre-2005)
l
Form 8846 (pre-2007)
m
Form 8900 (pre-2008)
n
Trans-Alaska pipeline liability
o
Form 5884-A, Section A
p
Form 5884-A, Section B
q
Form 5884-A, Section A
r
Form 5884-A, Section B
s
Form 5884-B
t
Form 8847
u
Form 8861
v
Form 8884
w
Form 8942
x
Form 8910
y
Reserved
z
Reserved
zz
Other credits (see inst.)
3
Form 8844
1
2022
85-2656822
1,823
1,823
Form
3800
(2024)
Form 3800 (2024)
Page
7
Part IV
Carryovers of General Business Credits (GBCs)
(see instructions)
(continued)
Carryover
Credits carried over to tax year 2024
(a)
No. of items
(b)
Originating tax year
(c)
Pass-through entity EIN
Subject to the passive activity limits
(f)
Not subject to passive activity limits
(g)
Amount of columns (e) and (f) applied against tax in Part II
(h)
Amount of columns (e) and (f) recaptured or otherwise adjusted
(i)
Carryforward to 2025. Subtract the sum of columns (g) and (h) from the sum of columns (e) and (f)
(d)
Before
the passive activity limitations
(e)
After
the passive activity limitations
4
Specified credits:
a
Form 3468, Part VI
b
Form 5884
c
Form 6478
d
Form 8586 (post-2007)
e
Form 8835
f
Form 8846
3
2022
85-0558186
1,539
1,539
g
Form 8900
h
Form 8941
i
Form 6765 ESB credit
j
Form 8994
k
Form 3468, Part VII (post-2007)
l
Reserved
m
Reserved
y
ESBC (See inst.)
z
Other specified credits
5
Add lines 4a-4z
3
APPLD FOR
1,539
1,539
6
Add lines 1a through 2zz
46
APPLD FOR
418,733
418,733
7
Add lines 3, 5 and 6
50
APPLD FOR
422,095
422,095
Form
3800
(2024)
Form 3800 (2024)
Page
8
Part V
Breakdown of Aggregate Amounts on Part III for Facility-by-Facility, Multiple Pass-Through Entities, etc.
Credits subject to the passive activity limit
Not subject to the limit
(a)
Part III line number
(b)
Elective payment or transfer registration number
EINs
Before applying the limit
(d)(4)
Credits from column (d)(1) (less column (d)(2)) and (d)(3) allowed after limit
(e)
Credits other than transfer election credits
(f)(1)
Transfer election credits sold
(c)(1)
Pass-through entity EIN
(c)(2)
Transferor entity EIN
(d)(1)
Credits other than credit transfer election credits
(d)(2)
Credit transfer election credits sold
(d)(3)
Credit transfer election credits purchased
1
Part III Line 1c
82-5220478
(
)
5,812
(
)
2
Part III Line 1c
26-2208448
(
)
157
(
)
3
Part III Line 1c
99-9990917
(
)
2,056
(
)
4
Part III Line 1c
82-2768540
(
)
15,352
(
)
5
Part III Line 1c
86-3102476
(
)
153
(
)
6
Part III Line 1c
85-3976072
(
)
342
(
)
7
Part III Line 1c
84-1787847
(
)
12,206
(
)
8
Part III Line 1c
81-3299895
(
)
8,043
(
)
9
Part III Line 1c
61-1860827
(
)
1,694
(
)
10
Part III Line 1c
85-0558186
(
)
310
(
)
11
Part III Line 1c
90-0409803
(
)
2
(
)
12
Part III Line 1c
84-4257045
(
)
17
(
)
13
Part III Line 1c
88-3667455
(
)
16,296
(
)
14
Part III Line 1c
82-2325117
(
)
49,052
(
)
15
Part III Line 1c
87-3059789
(
)
827
(
)
16
Part III Line 1c
84-2643860
(
)
9,636
(
)
17
Part III Line 1c
98-0481298
(
)
1,508
(
)
18
Part III Line 1c
46-0850598
(
)
46
(
)
19
Part III Line 1c
46-0874161
(
)
12,441
(
)
20
Part III Line 4f
04-3455023
(
)
329
(
)
21
Part III Line 4f
37-1789865
(
)
265
(
)
22
Part III Line 4f
85-0558186
(
)
3,925
(
)
(f)(2)
Purchased transfer election credits not subject to the passive activity limit
(g)
Combine columns (d)(4), (e), (f)(1), and (f)(2)
(h)(1)
Gross EPE amount. Portion of column (g) eligible for the section 6417 EPE election
(h)(2)
Subtract column (h)(1) from column (g) (credit excluding EPE)
(i)(1)
Amount of column (h)(2) applied against tax in Part II
(i)(2)
Amount of EPE eligible credit in column (h)(1) applied against tax in Part II
(j)
Net EPE amount. Subtract (i)(2) from column (h)(1)
(k)
Carryforward to 2025. Subtract (i)(1) from column (h)(2)
1
5,812
135,950
2
157
135,950
3
2,056
135,950
4
15,352
135,950
5
153
135,950
6
342
135,950
7
12,206
135,950
8
8,043
135,950
9
1,694
135,950
10
310
135,950
11
2
135,950
12
17
135,950
13
16,296
135,950
14
49,052
135,950
15
827
135,950
16
9,636
135,950
17
1,508
135,950
18
46
135,950
19
12,441
135,950
20
329
21
265
22
3,925
Form
3800
(2024)
Form 3800 (2024)
Page
9
Part VI
Breakdown of Aggregate Amounts in Part IV
(see instructions)
Carryover
(a)
Line number from Part IV
(b)
Originating tax year
(c)
Pass-through entity EIN
Subject to the passive activity limits
(f)
Not subject to passive activity limits
(g)
Amount of columns (e) and (f) applied against tax in Part II
(h)
Amount of columns (e) and (f) recaptured or otherwise adjusted
(i)
Carryforward to 2025. Subtract the sum of columns (g) and (h) from the sum of columns (e) and (f)
(d)
Before
the passive activity limitations
(e)
After
the passive activity limitations
1
Part IV Line 1c
2023
82-5220478
29,596
29,596
2
Part IV Line 1c
2023
82-2768540
13,915
13,915
3
Part IV Line 1c
2023
86-3102476
171
171
4
Part IV Line 1c
2023
85-3976072
173
173
5
Part IV Line 1c
2023
61-1860827
1,986
1,986
6
Part IV Line 1c
2023
84-4257045
174
174
7
Part IV Line 1c
2023
82-2325117
145,838
145,838
8
Part IV Line 1c
2023
87-3059789
600
600
9
Part IV Line 1c
2023
84-2643860
4,079
4,079
10
Part IV Line 1c
2023
92-2196694
5,806
5,806
11
Part IV Line 1c
2023
87-1965107
2,636
2,636
12
Part IV Line 1c
2023
98-0481298
5,959
5,959
13
Part IV Line 1c
2023
81-1863836
10,780
10,780
14
Part IV Line 1c
2023
46-0850598
185
185
15
Part IV Line 1c
2023
46-0874161
8,410
8,410
16
Part IV Line 1c
2022
82-5220478
26,666
26,666
17
Part IV Line 1c
2022
82-2768540
3,231
3,231
18
Part IV Line 1c
2022
86-3102476
45
45
19
Part IV Line 1c
2022
85-3976072
52
52
20
Part IV Line 1c
2022
61-1860827
1,720
1,720
21
Part IV Line 1c
2022
81-4929106
23,422
23,422
22
Part IV Line 1c
2022
85-0558186
44
44
23
Part IV Line 1c
2022
81-1097567
995
995
24
Part IV Line 1c
2022
84-4779394
1,935
1,935
25
Part IV Line 1c
2022
84-4257045
51
51
26
Part IV Line 1c
2022
82-2325117
125,652
125,652
27
Part IV Line 1c
2022
84-2643860
619
619
28
Part IV Line 1c
2022
46-0850598
1
1
29
Part IV Line 1c
2022
46-0874161
3,719
3,719
30
Part IV Line 1c
2022
86-1901964
32
32
31
Part IV Line 1p
2022
46-0850598
241
241
32
Part IV Line 3
2022
85-2656822
1,823
33
Part IV Line 4f
2022
85-0558186
511
511
34
Part IV Line 4f
2023
04-3455023
380
380
35
Part IV Line 4f
2023
85-0558186
648
648
Form
3800
(2024)
Additional Data
Software ID:
Software Version:
-
TIN:
Form
4562
Department of the Treasury
Internal Revenue Service (99)
Depreciation and Amortization
(Including Information on Listed Property)
Attach to your tax return.
Go to
www.irs.gov/Form4562
for instructions and the latest information.
OMB No. 1545-0172
20
24
Attachment
Sequence No.
179
Name(s) shown on return
UNIVERSITY OF CHICAGO
Business or activity to which this form relates
QUALIFIED PARTNERSHIP INTERESTS
Identifying number
36-2177139
Part I
Election To Expense Certain Property Under Section 179
Note:
If you have any listed property, complete Part V before you complete Part I.
1
Maximum amount (see instructions)
.......................
1
1,220,000
2
Total cost of section 179 property placed in service (see instructions)
.............
2
3
Threshold cost of section 179 property before reduction in limitation (see instructions)
.......
3
3,050,000
4
Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0-
...........
4
5
Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -0-. If married filing separately,
see instructions
.............................
5
1,220,000
6
(a)
Description of property
(b)
Cost (business use only)
(c)
Elected cost
14,119
7
Listed property. Enter the amount from line 29.
...........
7
8
Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7
........
8
14,119
9
Tentative deduction. Enter the
smaller
of line 5 or line 8
.................
9
14,119
10
Carryover of disallowed deduction from line 13 of your 2023 Form 4562.
............
10
153,904
11
Business income limitation. Enter the smaller of business income (not less than zero) or line 5. See
instructions.
..............................
11
1,220,000
12
Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11
......
12
0
13
Carryover of disallowed deduction to 2025. Add lines 9 and 10, less line 12
13
168,023
Note:
Don't use Part II or Part III below for listed property. Instead, use Part V.
Part II
Special Depreciation Allowance and Other Depreciation (Don't
include listed property. See instructions.
)
14
Special depreciation allowance for qualified property (other than listed property) placed in service during the
tax year. See instructions.
..........................
14
15
Property subject to section 168(f)(1) election
...................
15
16
Other depreciation (including ACRS)
.......................
16
Part III
MACRS Depreciation (Don't
include listed property.
See instructions.
)
Section A
17
MACRS deductions for assets placed in service in tax years beginning before 2024
.........
17
18
If you are electing to group any assets placed in service during the tax year into one or more general asset
accounts, check here
...................
Section BAssets Placed in Service During 2024 Tax Year Using the General Depreciation System
(a)
Classification of property
(b)
Month and
year placed in
service
(c)
Basis for depreciation
(business/investment use
onlysee instructions)
(d)
Recovery
period
(e)
Convention
(f)
Method
(g)
Depreciation deduction
19a
3-year property
b
5-year property
c
7-year property
d
10-year property
e
15-year property
f
20-year property
g
25-year property
25 yrs.
S/L
h
Residential rental
property
27.5 yrs.
MM
S/L
27.5 yrs.
MM
S/L
i
Nonresidential real
property
39 yrs.
MM
S/L
MM
S/L
Section CAssets Placed in Service During 2024 Tax Year Using the Alternative Depreciation System
20a
Class life
S/L
b
12-year
12 yrs.
S/L
c
30-year
30 yrs.
MM
S/L
d
40-year
40 yrs.
MM
S/L
Part IV
Summary
(See instructions.)
21
Listed property. Enter amount from line 28
.....................
21
22
Total.
Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter here
and on the appropriate lines of your return. Partnerships and S corporationssee instructions
.....
22
0
23
For assets shown above and placed in service during the current year, enter the portion of the basis attributable to section 263A costs
.........
23
For Paperwork Reduction Act Notice, see separate instructions.
Cat. No. 12906N
Form
4562
(2024)
Form 4562 (2024)
Page
2
Part V
Listed Property
(Include automobiles, certain other vehicles, certain aircraft, and property used for entertainment,
recreation, or amusement.)
Note:
For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete
only
24a, 24b, columns (a) through (c) of Section A, all of Section B, and Section C if applicable.
Section ADepreciation and Other Information (Caution:
See the instructions for limits for passenger automobiles.
)
24a
Do you have evidence to support the business/investment use claimed?
Yes
No
24b
If "Yes," is the evidence written?
Yes
No
(a)
Type of property (list
vehicles first)
(b)
Date placed in
service
(c)
Business/
investment
use
percentage
(d)
Cost or other
basis
(e)
Basis for depreciation
(business/investment
use only)
(f)
Recovery
period
(g)
Method/
Convention
(h)
Depreciation/
deduction
(i)
Elected
section 179
cost
25
Special depreciation allowance for qualified listed property placed in service during the tax year
and used more than 50% in a qualified business use. See instructions.
........
25
26
Property used more than 50% in a qualified business use:
%
%
%
27
Property used 50% or less in a qualified business use:
%
S/L -
%
S/L -
%
S/L -
28
Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1
....
28
29
Add amounts in column (i), line 26. Enter here and on line 7, page 1
...............
29
Section BInformation on Use of Vehicles
Complete this section for vehicles used by a sole proprietor, partner, or other "more than 5% owner," or related person. If you provided vehicles to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles.
30
Total business/investment miles driven during the year
(
don't
include commuting miles)
.........
(a)
Vehicle 1
(b)
Vehicle 2
(c)
Vehicle 3
(d)
Vehicle 4
(e)
Vehicle 5
(f)
Vehicle 6
31
Total commuting miles driven during the year
....
32
Total other personal(noncommuting) miles driven
...
33
Total miles driven during the year. Add lines 30
through 32
................
34
Was the vehicle available for personal use
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
during off-duty hours?
............
35
Was the vehicle used primarily by a more than 5%
owner or related person?
...........
36
Is another vehicle available for personal use?
....
Section CQuestions for Employers Who Provide Vehicles for Use by Their Employees
Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who
aren't
more than 5% owners or related persons. See instructions.
37
Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by your
employees?
..................................
Yes
No
No
38
Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your employees?
See the instructions for vehicles used by corporate officers, directors, or 1% or more owners
.........
No
39
Do you treat all use of vehicles by employees as personal use?
...................
No
40
Do you provide more than five vehicles to your employees, obtain information from your employees about the use of the
vehicles, and retain the information received?
.......................
No
41
Do you meet the requirements concerning qualified automobile demonstration use? See instructions.
.......
No
Note:
If your answer to 37, 38, 39, 40, or 41 is "Yes," don't complete Section B for the covered vehicles.
Part VI
Amortization
(a)
Description of costs
(b)
Date amortization
begins
(c)
Amortizable
amount
(d)
Code
section
(e)
Amortization
period or
percentage
(f)
Amortization for
this year
42
Amortization of costs that begins during your 2024 tax year (see instructions):
43
Amortization of costs that began before your 2024 tax year
................
43
44
Total.
Add amounts in column (f). See the instructions for where to report
...........
44
Form
4562
(2024)
Additional Data
Software ID:
Software Version:
-
TIN:
Form
8949
Department of the Treasury
Internal Revenue Service
Sales and Other Dispositions of Capital Assets
File with your Schedule D to list your transactions for lines 1b, 2, 3, 8b, 9, and 10 of Schedule D.
Go to
www.irs.gov/Form8949
for instructions and the latest information.
OMB No. 1545-0074
20
24
Attachment
Sequence No.
12A
Name(s) shown on return
UNIVERSITY OF CHICAGO
Social security number or taxpayer identification number
36-2177139
Before you check Box A, B, or C below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check.
Part I
Short-Term.
Transactions involving capital assets you held 1 year or less are generally short term (see instructions). For long-term transactions, see page 2.
Note:
You may aggregate all short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 1a; you aren't required to report these transactions on Form 8949 (see instructions).
You
must
check Box A, B,
or
C below. Check only one box.
If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need.
(A)
Short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see
Note
above)
(B)
Short-term transactions reported on Form(s) 1099-B showing basis
wasn't
reported to the IRS
(C)
Short-term transactions not reported to you on Form 1099-B
1
(a)
Description of property
(Example: 100 sh. XYZ Co.)
(b)
Date acquired
(Mo., day, yr.)
(c)
Date sold or
disposed of
(Mo., day, yr.)
(d)
Proceeds
(sales price)
(see instructions)
(e)
Cost or other basis
See the
Note
below
and see
Column (e)
in the separate
instructions.
Adjustment, if any, to gain or loss.
If you enter an amount in column (g),
enter a code in column (f).
See the separate instructions.
(h)
Gain or (loss)
Subtract column (e)
from column (d) and
combine the result
with column (g).
(f)
Code(s) from
instructions
(g)
Amount of
adjustment
FROM SCHEDULES K-1
(
)
2,513,121
FORM 6781, PART I
(
)
97,189
2 Totals
. Add the amounts in columns (d), (e), (g), and (h)
(subtract negative amounts). Enter each total here and include on your Schedule D,
line 1b
(if
Box A
above is checked),
line 2
(if
Box B
above is checked), or
line 3
(if
Box C
above is checked).
.......
(
)
2,610,310
Note:
If you checked Box A above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See
Column
(g) in the separate instructions for how to figure the amount of the adjustment.
For Paperwork Reduction Act Notice, see your tax return instructions.
Cat. No. 37768Z
Form
8949
(2024)
Form 8949 (2024)
Attachment Sequence No.
12A
Page
2
Name(s) shown on return. Name and SSN or taxpayer identification no. not required if shown on other side
UNIVERSITY OF CHICAGO
Social security number or taxpayer identification number
36-2177139
Before you check Box D, E, or F below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check.
Part II
Long-Term.
Transactions involving capital assets you held more than 1 year are generally long term (see instructions). For short-term transactions, see page 1.
Note:
You may aggregate all long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 8a; you aren't required to report these transactions on Form 8949 (see instructions).
You
must
check Box D, E,
or
F below. Check only one box.
If more than one box applies for your long-term transactions, complete a separate Form 8949, page 2, for each applicable box. If you have more long-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need.
(D)
Long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see
Note
above)
(E)
Long-term transactions reported on Form(s) 1099-B showing basis
wasn't
reported to the IRS
(F)
Long-term transactions not reported to you on Form 1099-B
1
(a)
Description of property
(Example: 100 sh. XYZ Co.)
(b)
Date acquired
(Mo., day, yr.)
(c)
Date sold or
disposed of
(Mo., day, yr.)
(d)
Proceeds
(sales price)
(see instructions)
(e)
Cost or other basis
See the
Note
below
and see
Column (e)
in the separate
instructions.
Adjustment, if any, to gain or loss.
If you enter an amount in column (g),
enter a code in column (f).
See the separate instructions.
(h)
Gain or (loss)
Subtract column (e)
from column (d) and
combine the result
with column (g).
(f)
Code(s) from
instructions
(g)
Amount of
adjustment
FROM SCHEDULES K-1
(
)
4,382,411
FORM 6781, PART I
(
)
145,784
2 Totals
. Add the amounts in columns (d), (e), (g), and (h)
(subtract negative amounts). Enter each total here and include on your Schedule D,
line 8b
(if
Box D
above is checked),
line 9
(if
Box E
above is checked), or
line 10
(if
Box F
above is checked)
........
(
)
4,528,195
Note:
If you checked Box D above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See
Column
(g) in the separate instructions for how to figure the amount of the adjustment.
Form
8949
(2024)
Additional Data
Software ID:
Software Version: