EIN 36-2167797

Museum of Science and Industry (MSI)

IRS 501(c) type
501(c)(3)
Num. employees
408
Year formed
1933
Most recent tax filings
2022-12-01
Description
Our mission, to inspire the inventive genius in everyone by presenting captivating and compelling experiences that are real and educational, is realized through world-class exhibits.
Also known as...
The Northern Trust Company
Total revenues
$64,412,383
2022
Total expenses
$52,060,533
2022
Total assets
$409,602,292
2022
Num. employees
408
2022

Program areas at MSI

World-class permanent exhibitions include Science Storms, a 26,000-square-foot exhibit that reveals the extraordinary science behind some of nature's most powerful and compelling phenomena; and You! The Experience, a 15,000-square-foot exhibit that explores the human mind, body and spirit. Other favorite experiences include the U-505 Submarine, the only German U-boat captured during World War II, surrounded by more than 30,000 square feet of artifacts and interactive activities; the Coal Mine, a reproduction of an Illinois coal mine that takes guest down 50 feet in a real hoist to the bottom of a mineshaft; The Great Train Story, a dynamic model display that illustrates modern rail operation; and the Giant Dome Theater, which features educational films, rich in content and presented on Chicago's only five-story, domed wrap-around movie screen.
Museum and Operations, which include Program Support Services and Exhibit Maintenance. These expenses support the Museum's vision of inspiring and motivating children to achieve their full potential in science, technology, and engineering by providing guests and teachers with integrated learning experiences and programming that is centered on exciting and interactive exhibits that help explain how science directly impacts our daily lives.
Educational Programs and Activities. The Museum's Education programming impacts guests and students in the building and in their communities in a variety of ways. MSI offers live science demonstrations, facilitated learning labs for school groups, free teacher development and training, online experiments and lesson plans, after-school science club networks in underserved communities, and a club for teens that helps them learn science skills as they prepare for college.
Retail and supporting services represent various program offerings that enhance the guest experience. These include the musuem store, food services, and parking services.

Who funds Museum of Science and Industry (MSI)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$35,188,287
Circle of Service FoundationCommunity Services$3,128,525
Exelon FoundationHuman/nature Climate Change Exhibition$2,000,000
...and 117 more grants received totalling $46,350,556

Personnel at MSI

NameTitleCompensation
A Chevy HumphreyPresident and Chief Executive Officer$733,915
Jonathan AssellVice President - Chief Financial Officer / Assistant Vice President , Finance and Accounting / Controller$253,950
Strategistsheila CawleySenior Vice President and Chief Revenue
Officerdavid WoodyVice President, Exhibitions and Building and Chief Creative
Mary L KrinockVice President of Operations / Vice President - Operations and Chief of Staff$113,519
...and 11 more key personnel

Financials for MSI

RevenuesFYE 12/2022
Total grants, contributions, etc.$37,451,255
Program services$17,111,198
Investment income and dividends$5,572,811
Tax-exempt bond proceeds$0
Royalty revenue$37,591
Net rental income$774,836
Net gain from sale of non-inventory assets$-2,359,104
Net income from fundraising events$-545,410
Net income from gaming activities$-3,200
Net income from sales of inventory$704,367
Miscellaneous revenues$5,668,039
Total revenues$64,412,383

Form 990s for MSI

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-11990View PDF
2020-122021-11-15990View PDF
2019-122021-03-02990View PDF
2018-122019-12-20990View PDF
...and 9 more Form 990s
Data update history
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 15, 2024
Updated personnel
Identified 19 new personnel
January 3, 2024
Received grants
Identified 31 new grant, including a grant for $3,128,525 from Circle of Service Foundation
December 28, 2023
Used new vendors
Identified 1 new vendor, including
October 26, 2023
Received grants
Identified 17 new grant, including a grant for $277,118 from The Chicago Community Trust
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
MembershipsPolitical advocacyLobbyingFundraising eventsNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donations
General information
Address
5700 S Dusable Lake Shore Dr
Chicago, IL 60637
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
Website URL
msichicago.org/ 
Facebook page
msichicago 
Twitter profile
@msichicago 
IRS details
EIN
36-2167797
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1933
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A57: Science and Technology Museums
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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