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The Art Institute Of Chicago

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362167725 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is The Art Institute Of Chicago?

The Art Institute of Chicago, a Chicago-based not-for-profit organization, is both a renowned museum and an educational institution. Situated in Grant Park, it houses a vast collection encompassing various art forms, with a significant focus on Impressionist and Post-Impressionist pieces. The Art Institute serves as a cultural hub, providing the public with opportunities to appreciate and learn from visual arts and design.


Official website here: www.artic.edu and www.saic.edu

Is The Art Institute Of Chicago legitimate?

The Art Institute Of Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Art Institute Of Chicago submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $6,088,360
Professional Fundraising Fees: $564,975
Other Salaries and Wages: $97,615,481

For more financial information, click here


Official website here: www.artic.edu and www.saic.edu

What is the mission statement of The Art Institute Of Chicago?

The Art Institute of Chicago functions as both a museum and an educational institution, dedicated to fostering appreciation and knowledge in the visual fine arts and design. As an encyclopedic art museum, it holds a vast collection, with a notable focus on Impressionist and Post-Impressionist art pieces. The institute's mission embraces the provision of educational experiences and the cultivation of artistic understanding for the public. By showcasing a diverse range of artistic masterpieces, the Art Institute of Chicago serves to inspire and enlighten its visitors. Additionally, it offers opportunities for academic pursuits through its higher education programs.


Official website here: www.artic.edu and www.saic.edu

What is the revenue of The Art Institute Of Chicago?

The Art Institute Of Chicago's revenue in 2022 was $414,893,991.


Official website here: www.artic.edu and www.saic.edu

Who are the executives of The Art Institute Of Chicago and what are their salaries?

The average compensation at The Art Institute Of Chicago during 2022 was $31,801. There are 3,261 employees and 78 volunteers at The Art Institute Of Chicago.

Here are 87 key members and their salaries:

    James Rondeau (President, Museum)
  • Compensation: $893,685
  • Related: $0
  • Other: $78,662

    • Maria Simon (Senior Associate General Counsel)
  • Compensation: $266,298
  • Related: $0
  • Other: $499,776

    • Elissa Tenny (President, School)
  • Compensation: $636,839
  • Related: $0
  • Other: $39,951

    • Evelyn Jeffers (Chief Operating Officer, Museum)
  • Compensation: $564,711
  • Related: $0
  • Other: $40,175

    • Alexandra Holt (Evp, Finance & Admin)
  • Compensation: $430,068
  • Related: $0
  • Other: $38,689

    • Sarah Guernsey (Deputy Director, Curatorial Affairs)
  • Compensation: $305,542
  • Related: $0
  • Other: $118,747

    • Andrew Simnick (Sr Vp For Finance, Strategy, & Ops)
  • Compensation: $382,394
  • Related: $0
  • Other: $17,409

    • Leslie Darling (Evp, General Counsel, & Secretary)
  • Compensation: $365,984
  • Related: $0
  • Other: $26,611

    • Brian Esker (Vp Of Finance & Admin, School)
  • Compensation: $259,841
  • Related: $0
  • Other: $124,632

    • Eugene Adams (Chief Information Officer)
  • Compensation: $233,226
  • Related: $0
  • Other: $137,766

    • Martin Berger (Provost & Sr Vp Academic Affairs)
  • Compensation: $317,758
  • Related: $0
  • Other: $44,528

    • Amy Allen (Vp, Engagement, Museum)
  • Compensation: $270,228
  • Related: $0
  • Other: $85,823

    • Ann Goldstein (Deputy Director, Chair & Curator Modern & Contemporary Art)
  • Compensation: $299,036
  • Related: $0
  • Other: $35,524

    • Thomas Buechele (Vp For Campus Operations, School)
  • Compensation: $227,672
  • Related: $0
  • Other: $102,757

    • Michael Nicolai (Chief Human Resources Officer)
  • Compensation: $283,498
  • Related: $0
  • Other: $34,756

    • Rose Milkowski (Vp For Enrollment Management)
  • Compensation: $254,126
  • Related: $0
  • Other: $23,656

    • Norissa Bailey (Senior Vp For People And Culture)
  • Compensation: $246,718
  • Related: $0
  • Other: $29,957

    • Christina Pulawski (Associate Vp, External Affairs)
  • Compensation: $250,757
  • Related: $0
  • Other: $15,749

    • Emily Benedict (Avp, Capital Programs)
  • Compensation: $210,753
  • Related: $0
  • Other: $37,298

    • Lisa Wainwright (Former Dean Of Faculty/Vp Acad Admin)
  • Compensation: $191,510
  • Related: $0
  • Other: $18,653

    • David J Vitale (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise B Gardner (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frederick Waddell (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Frederick Krehbiel (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel M Mencoff (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sylvia M Neil (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • A Steven Crown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adnaan Hamid (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexandra C Nichols (Trustee - Ended 11/9/21)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amina Dickerson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew M Rosenfield (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anita Blanchard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anita Sinha (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Reyes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Searle Bent (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arjun Aggarwal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Levy Kipper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Rennie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cary D Mcmillan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caryn Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Keogh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darrel Hackett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Sandor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Lefkofsky (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric T Mckissack (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Eychaner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Honghong Chen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Howard M Mccue Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James A Gordon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Duchossois (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Franke (Trustee - Ended 11/1/21)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Mansueto (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John F Manley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josef Lakonishok (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Gromacki (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Frank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Gray-Krehbiel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth C Griffin (Trustee - Ended 6/27/22)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence F Levy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Buchbinder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lester N Coney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Johnson Rice (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Smith Buonanno (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Gray Faversham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mamadou-Abou Sarr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marilynn Thoma (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maurice Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Polsky (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Sacks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Joyner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Carbone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Lambert (Trustee - Ended 1/6/22)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Prabhakant Sinha (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reeve B Waud (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rita Knox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rita Sola Cook (Trustee-As Of 4/12/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Buford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert M Levy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger L Weston (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Nava Garvey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Canel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Santi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shawn M Donnelley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sophia Shaw (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Skestos Gabriele (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas J Pritzker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Usha Mittal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.artic.edu and www.saic.edu

    Where can I find the form 990 for The Art Institute Of Chicago?

    The The Art Institute Of Chicago’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.artic.edu and www.saic.edu

    Learn more at the official website: www.artic.edu and www.saic.edu

    Mission Statement of The Art Institute Of Chicago

    The Art Institute of Chicago, a renowned not-for-profit organization, is both an esteemed art museum and an institution of higher education. Committed to nurturing appreciation and knowledge in visual fine arts and design, it exists to enrich the lives of all who engage with it.

    More specifically, the Art Institute of Chicago houses an encyclopedic collection, with a significant focus on Impressionist and Post-Impressionist art. The museum showcases a vast array of artistic masterpieces, providing a rich learning experience for visitors. Its mission extends beyond mere exhibition, as it strives to educate and inspire the public, fostering a deeper understanding and love for the arts.

    As a museum, the Art Institute of Chicago offers a unique and diverse experience, welcoming visitors to explore the intricacies of various artistic movements and styles. The collection is a testament to the organization's dedication to preserving and sharing the world's artistic heritage. Furthermore, as an institution of higher education, the Art Institute of Chicago provides opportunities for students to gain a comprehensive education in the arts, contributing to the development of the next generation of artists and art enthusiasts.

    Impact

    This information is meant to be a general summary of The Art Institute Of Chicago. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Art Institute of Chicago, as a museum and institution of higher education, has a significant impact on the arts and cultural landscape. It serves as a hub for appreciation and education in visual fine arts and design, enriching the community and visitors alike. With its expansive collection of Impressionist and Post-Impressionist art, the Art Institute of Chicago plays a crucial role in preserving and showcasing important works of art for the benefit of current and future generations. Its mission to educate and inspire through art contributes to the cultural vibrancy of Chicago and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $130,592,120
  • Program Service Revenue: $210,988,332
  • Gross Receipts: $514,447,155

    • Assets and Liabilities:
  • Total Assets: $1,830,546,900
  • Total Liabilities: $277,511,101
  • Net Assets: $1,553,035,799
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Tuition and Fees

    Revenue

    $189,531,371

    Museum Admissions

    Revenue

    $13,613,717

    Proceeds from Sale of Art

    Revenue

    $4,177,215

    Other Restricted Prog Rev

    Revenue

    $1,521,542

    MEMBER PROGRAM REVENUES

    Revenue

    $41,155

    Organization Details

    Founding Year

    1879

    Main Address

    111 South Michigan Avenue, Chicago, IL, 60603

    NTEE Category

    Code: A51 - Arts

    If you are a representative of The Art Institute Of Chicago and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.