Cause IQ organization profile

Art Institute of Chicago (AIC)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

AIC is a art museum based in Chicago, IL that was founded in 1879. As of 2018 they had $347 million in revenue and $1.6 billion in assets.

The Art Institute of Chicago (AIC) is an encyclopedic art museum located in Chicago's Grant Park. It features a collection of Impressionist and Post-Impressionist art in its permanent collection.

EIN:
36-2167725
City:
State:
Website:
Phone:
(312) 443-3600
Facebook:
Twitter:
Founded:
1879
Type:
501(c)(3)
NTEE:
Revenue:
$347,404,695
Assets:
$1,623,214,581
Employees:
4,011
Fiscal year end:
June
Revenue trends:
Asset trends:

Program areas at AIC

The School of the Art Institute of Chicago (SAIC) is an accredited college of art and design offering undergraduate, graduate, and post-baccalaureate degree programs for studio artists, art educators, art therapists, designers, writers, and art historians. SAIC's fine arts graduate program consistently ranks among the top programs in the nation by U.S. News and World Report, and the school offers world-class resources including the Art Institute of Chicago museum, on-campus galleries, and state of the art facilities. In fiscal year 2018, average academic year full-time-equivalent enrollment of degree-seeking students was 3,640 including international students from 67 countries.

The Museum's mission is to collect, preserve, and interpret works of art of the highest quality from across the globe for the inspiration and education of its visitors. It achieves this through building and stewarding its renowned permanent collection, producing educational programming around the collection with daily performances, gallery tours, lectures, readings, and other special events, and presenting world class exhibitions highlighting both its collection and objects loaned from other institutions. The Art Institute's encyclopedic collection consists of approximately 300,000 works of art in 11 curatorial departments. The museum has the third largest collection of art in the United States. Exhibitions featured within FY18 include Charles White: A Retrospective, John Singer Sargent and Chicago's Gilded Age, Rodin: Sculptor and Storyteller, and Mounira al Solh: I strongly believe in our right to be frivolous. Attendance for FY18 has exceeded 1.58 million visits.

Form 990s for AIC

Fiscal year endingDate received by IRSFormPDF link
2018-06Jul 23, 2019990View PDF
2017-06Sep 12, 2018990View PDF
2016-06Oct 5, 2017990View PDF
2015-06Aug 3, 2016990View PDF
2014-06Jul 22, 2015990View PDF
...and four more Form 990 PDFs

Financials for AIC

Field2018
Total grants, contributions, etc.$71,017,212
Program services$212,383,078
Investment income and dividends$8,272,578
Tax-exempt bond proceeds$0
Royalty revenue$134,505
Net rental income$2,384,807
Net gain from sale of non-inventory assets$48,313,168
Net income from fundraising events$-270,365
Net income from gaming activities$1,975
Net income from sales of inventory$5,167,737
Miscellaneous revenues$0
Total revenues$347,404,695

Vendors for AIC

VendorServicesAmount paidDate
Google IncSoftware2020-03-17
████████ ███ █████ ███Audit accounting2019-11-27
████████ ███ ███Tax accounting2019-07-05
████ ███████████ ████████Engineering Services$4,257,8532018-06-01
███ ██████ █████████ ███████Janitorial Service$2,518,5512018-06-01
████ ███ ███████Catering Services$2,226,3012018-06-01
██ █████████ ███████Construction Services$9,237,5382018-06-01
████ ████████████ ███Telemarketing$76,4842018-06-01
...and 23 more vendors

Personnel at AIC

NameTitleCompensationMost recent data
Deborah JohnstonActing Chief Financial Officer-Nov. 17, 2017
Alexandra HoltExec Vice President , Finance and Administration-July 5, 2019
█████ ██████Controller-Dec. 13, 2019
██████ ██████Past Chief Financial Officer$353,034Oct. 5, 2017
█████ ██ ██████Vice Chairman$0July 17, 2019
███ █████████ ████████Treasurer$0July 17, 2019
████ █ ████████Chair$0Jan. 8, 2019
███████ ██████ ███ █████President$655,880June 30, 2016
████ ██████ ████Vice Chairman$0June 30, 2016
█████ ███████President$200,356June 30, 2016
...and five more key personnel

Peer art museums

 NameTypeRevenueLocation
1Moody Bible Institute (MBI)501(c)(3)$116 millionChicago, IL
2Aurora University (AU)501(c)(3)$133 millionAurora, IL
3Midwestern University501(c)(3)$464 millionDowners Grove, IL
4Saint Xavier University (SXU)501(c)(3)$110 millionChicago, IL
5North Park University (NPU)501(c)(3)$94 millionChicago, IL
6Roosevelt University501(c)(3)$138 millionChicago, IL
7NorthShore University HealthSystem Faculty Practice Associates501(c)(3)$550 millionEvanston, IL
8Bradley University501(c)(3)$228 millionPeoria, IL
9Dominican University501(c)(3)$101 millionRiver Forest, IL
10Concordia University Chicago (CUC)501(c)(3)$91 millionRiver Forest, IL
11Rosalind Franklin University of Medicine and Science (RFUMS)501(c)(3)$118 millionNorth Chicago, IL
12Loyola University Chicago (LUC)501(c)(3)$819 millionChicago, IL
13California Institute of the Arts (CalArts)501(c)(3)$101 millionValencia, CA
14Rhode Island School of Design (RISD)501(c)(3)$217 millionProvidence, RI
15University of the Arts501(c)(3)$111 millionPhiladelphia, PA
16Illinois Institute of Technology (IIT)501(c)(3)$351 millionChicago, IL
17Knox College501(c)(3)$103 millionGalesburg, IL
18Lake Forest College501(c)(3)$95 millionLake Forest, IL
19Elmhurst College501(c)(3)$125 millionElmhurst, IL
20Olivet Nazarene University (ONU)501(c)(3)$153 millionBourbonnais, IL
21DePaul University501(c)(3)$841 millionChicago, IL
22Columbia College Chicago501(c)(3)$251 millionChicago, IL
23North Central College501(c)(3)$133 millionNaperville, IL
24Augustana College501(c)(3)$148 millionRock Island, IL
25Wheaton College501(c)(3)$190 millionWheaton, IL