2026-02-17T09:37:55-06:00 2025-06-30 991856619 GRANT THORNTON ADVISORS LLC 171 N CLARK ST STE 200 CHICAGO IL 60601 990 2024-07-01 366210902 THE ADLER PLANETARIUM ADLE 3123220327 1300 S DUSABLE LAKE SHORE DRIVE CHICAGO IL 60605 ALEC GUROFF INTERIM CFO 3123220327 2026-02-16 1 0 BRIDGET ROCHE P00666837 3128560200 2024 2025-03-06 01:10:19Z ALEC GUROFF 1300 S DUSABLE LAKE SHORE DRIVE CHICAGO IL 60605 46213905 0 X WWW.ADLERPLANETARIUM.ORG X 1930 IL ADLER'S MISSION IS TO CONNECT PEOPLE TO THE UNIVERSE AND EACH OTHER UNDER THE SKY WE ALL SHARE. 55 55 174 321 0 0 7878126 10591434 6290218 5788527 1681066 4122618 1437351 1470613 17286761 21973192 33385 32196 0 0 11688396 10385804 142392 0 1246428 7144760 7102737 19008933 17520737 -1722172 4452455 68795804 72589492 29822794 29657504 38973010 42931988 X THE ADLER PLANETARIUM ('ADLER') IS A NOT-FOR-PROFIT CULTURAL INSTITUTION WHOSE MISSION IS TO CONNECT PEOPLE TO THE UNIVERSE AND EACH OTHER UNDER THE SKY WE ALL SHARE. IT ASPIRES TO BE THE WORLD'S PREMIER CENTER FOR ENGAGING IN ASTRONOMY AND SPACE SCIENCE. 0 0 12448285 32196 5788527 WHETHER THE ADLER PLANETARIUM IS INTRODUCING A GUEST TO THE RING NEBULA, A NEIGHBORHOOD SCHOOL TO A COMMUNITY PARTNER, A RESEARCH TEAM TO A NETWORK OF CITIZEN SCIENTISTS, OR ONE STAFF MEMBER TO ANOTHER, THE MUSEUM'S FOCUS ON MEANINGFUL CONNECTIONS DATES BACK NEARLY A CENTURY. THE ADLER TYPICALLY HOSTS APPROXIMATELY A HALF A MILLION VISITORS EACH YEAR AND REACHES MILLIONS MORE THROUGH YOUTH STEAM PROGRAMS, NEIGHBORHOOD SKYWATCHING EVENTS, PEOPLE-POWERED RESEARCH, AND OTHER OUTREACH EFFORTS. TODAY, THE ADLER IS ALSO BRINGING OUR UNIQUE APPROACH - SCIENTIFIC EXPLORATION ROOTED IN COMMUNITY AND CONNECTION - TO GUESTS FROM AROUND THE WORLD WHO CAN ENJOY THE DIGITAL ADLER FOR THEIR OWN HOMES, LIBRARIES, SCHOOLS OR OFFICES. WITH THE ADLER'S SUPPORT, PEOPLE OF ALL AGES, BACKGROUNDS, AND ABILITIES GAIN THE CONFIDENCE TO EXPLORE THEIR UNIVERSE TOGETHER AND RETURN TO THEIR COMMUNITIES READY TO THINK CRITICALLY AND CREATIVELY ABOUT ANY CHALLENGE THAT COMES THEIR WAY. THE MUSEUM HAS AN ONLINE TICKETING PLATFORM, AND AN OPERATING MODEL THAT HAS SIGNIFICANTLY IMPROVED PER CAPITA TICKET REVENUE THROUGH CHANGES MADE SINCE THE COVID PANDEMIC. THIS INCLUDES A SCHEDULE OF PUBLIC HOURS EVERY WEDNESDAY EVENING FOR OUR EXHIBITIONS, SKY SHOWS, AND TELESCOPE VIEWING. NEW CONTENT OFFERINGS, LIKE AN AWARD-WINNING, ORIGINAL PLANETARIUM SHOW NIYAH AND THE MULTIVERSE AND A NEW EXHIBITION OTHER WORLDS, SUPPORT GOOD ATTENDANCE. SCHOOL-GROUP-ONLY DAYS ARE PROVIDING MEANINGFUL EXPERIENCES AT THE MUSEUM FOR 10,000S OF EDUCATORS AND THEIR STUDENTS. IN 2024, A MAJOR RENOVATION WAS COMPLETED OF AREAS USED TO CARE FOR THE ADLER'S HISTORIC ASTRONOMY ARTIFACTS, ONE OF THE WORLD'S MOST IMPORTANT COLLECTIONS TELLING THE STORY OF THE HUMAN CONNECTION WITH THE SKY. ADLER IS CONTINUING ITS ENGAGEMENT IN ONLINE SPACES, WELCOMING MILLIONS OF PEOPLE AROUND THE WORLD INTO ADLER EXPERIENCES, THROUGH STORYTELLING AND ENGAGING DIRECTLY IN SCIENCE AND DISCOVERY. ZOONIVERSE.ORG, A COLLABORATION BETWEEN CHICAGO'S ADLER PLANETARIUM, THE UNIVERSITY OF OXFORD, AND THE UNIVERSITY OF MINNESOTA, IS THE WORLD'S LARGEST PLATFORM FOR PEOPLE-POWERED RESEARCH. IT IS MADE POSSIBLE BY VOLUNTEERSALMOST 3 MILLION REGISTERED PARTICIPANTS AROUND THE WORLDWHO COME TOGETHER TO ASSIST PROFESSIONAL RESEARCHERS WHOSE WORK WOULD NOT BE POSSIBLE, OR PRACTICAL, OTHERWISE. ZOONIVERSE RESEARCH RESULTS IN NEW DISCOVERIES, DATASETS WHICH ARE USEFUL TO THE WIDER RESEARCH COMMUNITY, AND NUMEROUS PUBLICATIONS. EACH MONTH PARTICIPANTS SUBMIT OVER 6 MILLION CLASSIFICATIONS, PART OF THE MORE THAN 940 MILLION "ACTS OF SCIENCE" COMPLETED SINCE THE FOUNDING IN 2009. 150+ RESEARCH INSTITUTIONS PARTNER WITH ADLER'S ZOONIVERSE TO LEAD MORE THAN 100 PARTICIPATORY SCIENCE PROJECTS EACH YEAR, RESULTING IN OVER 500 PEER-REVIEWED PUBLICATIONS TO DATE. THROUGH A RICH ARRAY OF DIGITAL PROGRAMMING, FROM OUR SKYWATCH WEDNESDAY ONLINE PLANETARIUM SHOW TO OUR SKY OBSERVER'S HANGOUT YOUTUBE LIVESTREAM EVENTS WITH OUR PUBLIC OBSERVING TEAM TO OUR WOW! SIGNAL SCIENCE SKETCH COMEDY AND MUSICALS TO OUR ONLINE GOOGLE ARTS & CULTURAL EXHIBITIONS, THE ADLER HAS CONTINUED TO PROVIDE A RICH ARRAY OF OPPORTUNITIES TO FOSTER CONNECTIONS AND CREATE SPACE FOR THE WONDERS OF OUR UNIVERSE AND CASTING SCIENCE AS THE STORIES OF HUMANITY. ADLER TEENS CONTINUED TO WORK CLOSELY WITH ADLER SCIENTISTS AND ENGINEERS TO ADVANCE THE FIRST-EVER COMPREHENSIVE LIGHT-POLLUTION SURVEY OF CHICAGO. FAR HORIZONS TEENS INVESTIGATED HOW LIGHT POLLUTION AFFECTS TREES ON THE MUSEUM CAMPUS, WHILE THE YOLO TEENS IN LITTLE VILLAGE ENGAGED THEIR SCHOOL AND BROADER COMMUNITY IN LIGHT-POLLUTION RESEARCH AND LOCAL ADVOCACY EFFORTS. OUR LONG-RUNNING HIGH-ALTITUDE BALLOON PROGRAM AND GROUND-BASED OBSERVING NETWORK CONTINUE TO MONITOR LIGHT POLLUTION ACROSS CHICAGO AND OTHER URBAN ENVIRONMENTSCRITICAL WORK AS CITIES RAPIDLY EVOLVE AND DEPLOY NEW LIGHTING SOLUTIONS. THIS YEAR ALSO SAW DEEPENING COLLABORATIONS WITH THE NATIONAL PARKS SERVICE AS WELL AS THE URBAN WILDLIFE INSTITUTE AT THE LINCOLN PARK ZOO TO STUDY HOW ARTIFICIAL LIGHT AFFECTS WILDLIFE IN DENSE URBAN ECOSYSTEMS. TOGETHER, THESE EFFORTS DEEPEN SCIENTIFIC UNDERSTANDING, STRENGTHEN COMMUNITY ENGAGEMENT, AND EMPOWER YOUNG PEOPLE TO CONTRIBUTE MEANINGFULLY TO RESEARCH AND ENVIRONMENTAL STEWARDSHIP. ADLER AND CHICAGO-AREA ASTRONOMERS INTERACT DIRECTLY WITH MUSEUM GUESTS SEVERAL DAYS EACH WEEK THROUGH OUR GROWING ASTRONOMY CONVERSATIONS PROGRAM. THIS PROGRAM BRINGS CHICAGOLAND ASTRONOMERS INTO REAL-TIME DIALOGUE WITH VISITORS; A RARE AND MEMORABLE EXPERIENCE, AS MOST PEOPLE HAVE NEVER HAD THE CHANCE TO MEET AN ASTRONOMER. WE SCALE THE PROGRAM FAR BEYOND THE CAPACITY OF OUR SMALL STAFF BY TAPPING INTO CHICAGO'S EXTRAORDINARILY RICH SPACE-SCIENCE ECOSYSTEM. EACH YEAR, MORE THAN 100 LOCAL RESEARCHERS SIGN UP TO PARTICIPATE, MANY OF WHOM RETURN YEAR AFTER YEAR. ALL SPEAKERS RECEIVE SCIENCE-COMMUNICATION TRAINING FROM ADLER EXPERTS TO HELP THEM ENGAGE EFFECTIVELY WITH PUBLIC AUDIENCES. ASTRONOMY CONVERSATIONS IS OFFERED EVERY WEDNESDAY, THURSDAY, AND SATURDAY THROUGHOUT THE YEAR, CREATING TENS OF THOUSANDS OF INTERACTIONS ANNUALLY BETWEEN GUESTS AND WORKING ASTRONOMERS. IT PROVIDES A CONDUIT FOR SHARING CUTTING-EDGE DISCOVERIES AS THEY HAPPEN AND SERVES AN EXPLICIT PURPOSE: BUILDING TRUST AND UNDERSTANDING IN HOW SCIENCE WORKS, CRITICALLY IMPORTANT IN TODAY'S SOCIETY. MAKING CONNECTIONS BETWEEN PEOPLE, IDEAS, AND OUR UNIVERSE DOESN'T JUST FEEL GOOD - IT DRIVES SCIENTIFIC PROGRESS. WHEN PEOPLE FEEL WELCOME IN THE SCIENTIFIC COMMUNITY, THEY DELIVER REAL RESULTS. THROUGH THE WONDER OF SPACE SCIENCE, THE ADLER CONNECTS PEOPLE, COMMUNITIES AND INSTITUTIONS SO WE CAN EXPLORE OUR UNIVERSE TOGETHER AND USE OUR COLLECTIVE KNOWLEDGE AND SKILLS TO CREATE A BETTER WORLD FOR EVERYONE. 12448285 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 1 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 52 0 174 0 0 0 0 0 0 0 0 0 0 0 0 0 X 55 55 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X X ALEC GUROFF 3123220327 1300 S DUSABLE LAKE SHORE DRIVE CHICAGO IL 60605 AUDRIS WONG CFO, INTER. PRES. & CEO (BEG 3/25) 35.00 0.00 X X 230448 0 9553 NANCY S GERRIE BOARD CHAIR 1.00 0.00 X X 0 0 0 MUHAMMAD GIGANI BOARD VICE CHAIR (BEG 5/25) 1.00 0.00 X X 0 0 0 AARON C RUDBERG BOARD VICE CHAIR 1.00 0.00 X X 0 0 0 JONATHAN H HERBST BOARD TREASURER 1.00 0.00 X X 0 0 0 DANIEL T MUELLER BOARD SECRETARY 1.00 0.00 X X 0 0 0 RAJ BHATIA BOARD EXECUTIVE COMMITTEE MEMBER 1.00 0.00 X 0 0 0 LINDA P JOJO BOARD EXECUTIVE COMMITTEE MEMBER 1.00 0.00 X 0 0 0 CATHERINE KENWORTHY BOARD EXECUTIVE COMMITTEE MEMBER 1.00 0.00 X 0 0 0 STEVEN S LOUIS MD BOARD EXECUTIVE COMMITTEE MEMBER 1.00 0.00 X 0 0 0 KECIA STEELMAN BOARD EXEC. COMM. MEMBER (BEG 5/25) 1.00 0.00 X 0 0 0 SCOTT C SWANSON BOARD EXECUTIVE COMMITTEE MEMBER 1.00 0.00 X 0 0 0 CYNTHIA L BALLEW BOARD MEMBER 1.00 0.00 X 0 0 0 RUSSELL F BARTMES BOARD MEMBER 1.00 0.00 X 0 0 0 NEIL W BOOK BOARD MEMBER 1.00 0.00 X 0 0 0 LIAM CAFFREY BOARD MEMBER 1.00 0.00 X 0 0 0 DAVID A CROWN PH D BOARD MEMBER 1.00 0.00 X 0 0 0 DANIEL R EDER BOARD MEMBER 1.00 0.00 X 0 0 0 LILLY FARAHNAKIAN BOARD MEMBER 1.00 0.00 X 0 0 0 TACY F FLINT BOARD MEMBER 1.00 0.00 X 0 0 0 RYAN GARINO BOARD MEMBER 1.00 0.00 X 0 0 0 WILLIAM J GRUBER BOARD MEMBER 1.00 0.00 X 0 0 0 AMELIA A HUNTINGTON BOARD MEMBER 1.00 0.00 X 0 0 0 SETH E JACOBSON BOARD MEMBER 1.00 0.00 X 0 0 0 PETER J LANGAS BOARD MEMBER 1.00 0.00 X 0 0 0 LISA H LEWIS BOARD MEMBER 1.00 0.00 X 0 0 0 ELIZABETH W MCKENNA BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL J MCMURRAY BOARD MEMBER 1.00 0.00 X 0 0 0 MARYANN N MCNALLY BOARD MEMBER 1.00 0.00 X 0 0 0 JAMES C MURRAY BOARD MEMBER 1.00 0.00 X 0 0 0 RANDY NORNES BOARD MEMBER 1.00 0.00 X 0 0 0 JAMES J O'CONNOR JR BOARD MEMBER 1.00 0.00 X 0 0 0 JACKSON PALLAS BOARD MEMBER 1.00 0.00 X 0 0 0 IAN C RADOMSKI BOARD MEMBER 1.00 0.00 X 0 0 0 CHRIS RAUCH BOARD MEMBER 1.00 0.00 X 0 0 0 BRAD SERLIN BOARD MEMBER 1.00 0.00 X 0 0 0 BROOKE GRAYDON SLADE BOARD MEMBER 1.00 0.00 X 0 0 0 LINDA I CELESIA BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 FRANK M CLARK BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 DONALD C CLARK JR BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 BRYAN C CRESSEY BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 J DOUGLAS DONENFELD BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 JOHN W ESTEY BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL J FELDMAN BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 DAVID W FOX SR BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 NANCY EMRICH FREEMAN BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 HOWARD S GOSS BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 RAJ P GUPTA PE BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 CAPT JAMES A LOVELL JR BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 DAVID MINTZER PH D BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 EDWARD J WILLIAMS BOARD LIFE TRUSTEE 1.00 0.00 X 0 0 0 JOHN E CARLSTROM PH D BOARD EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 ROSA ESCARENO BOARD EX-OFFICIO TRUSTEE (THRU 2/25) 1.00 0.00 X 0 0 0 WENDY FREEDMAN PH D BOARD EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 ASHLEY HEMPHILL NETZKY BOARD EX-OFFICIO TRUSTEE (THRU 8/24) 1.00 0.00 X 0 0 0 CARLOS RAMIREZ-ROSA BOARD EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 SEAN B REYNOLDS BOARD EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 MICHELLE B LARSON PHD FORMER PRESIDENT & CEO (THRU 3/25) 35.00 0.00 X 545930 0 13695 RYUTARO MIZUNO VP, MARKETING & COMMUNICATIONS 35.00 0.00 X 223920 0 28932 LAURA TROUILLE VP, SCIENCE ENGMT. & VISUALIZATION 35.00 0.00 X 196413 0 8223 ANDREW JOHNSTON VP, ASTRONOMY & COLLECTIONS 35.00 0.00 X 186797 0 7813 RANDALL LEAVER CONTROLLER 35.00 0.00 X 131239 0 11973 JENEAN FEATHERSON SENIOR DIRECTOR OF HUMAN RESOURCES 35.00 0.00 X 130671 0 22659 GEZA GYUK DIRECTOR OF ASTRONOMY 35.00 0.00 X 129269 0 24657 LESLIE LEHMAN SENIOR DIR. OF FACILITIES & PUBLIC 35.00 0.00 X 115971 0 6494 CHANEL WILSON ACCOUNTING MANAGER 35.00 0.00 X 112263 0 10039 2002921 0 144038 15 0 1 0 TROOP CONTRACTING 648 EXECUTIVE DRIVE WILLOWBROOK IL 60527 CONSTRUCTION SERVICES 809205 MZI GROUP INC 1937 W FULTON ST CHICAGO IL 60612 MAINTENANCE & CLEANING SERVICES 427779 FRESH EYES DIGITAL INC 2812 N SAULDING AVE CHICAGO IL 60618 DEVELOPMENT EMAIL MARKETING 131961 PHILANTHROPY RX 5422 N MAGNOLIA CHICAGO IL 60640 DEVELOPMENT CONSUTLANT 124000 MONTERREY SECURITY 2232 S BLUE ISLAND AVE CHICAGO IL 60608 SECURITY CONTRACTOR 122664 15 180000 940336 3034174 6436924 2095120 10591434 ADMISSIONS 712100 5735461 5735461 0 0 SKY SHOWS 712100 53066 53066 0 0 5788527 1516740 1516740 1463043 333262 1129781 1129781 1129781 26271682 23665804 2605878 2605878 2605878 46050 940336 241647 -195597 -195597 FOOD SERVICE AND CONCESSIONS 722211 471198 471198 REBATES 900099 4790 4790 GIFT SHOP CONSIGNMENT SALES 900099 1422 1422 59019 59019 536429 21973192 5788527 0 5593231 32196 32196 1391623 617496 579949 194178 7267823 5087372 1766968 413483 247907 165011 62416 20480 810870 526117 213216 71537 667581 459890 165445 42246 93722 93722 143903 143903 66673 66673 1216442 511968 355420 349054 118218 16107 34625 67486 420630 341629 69853 9148 256223 199777 42994 13452 1072698 950646 98387 23665 104971 82498 10091 12382 628000 613000 15000 2161768 2148400 10506 2862 199991 191674 6536 1781 CLEANING & MAINTENANCE 422022 403670 14056 4296 CATERING 55864 7999 30090 17775 141612 92835 46174 2603 17520737 12448285 3826024 1246428 82760 233046 9640557 9133314 383664 208090 527465 327560 384257 409463 84233492 65693883 19503433 18539609 36369746 42591192 1903922 1147218 68795804 72589492 1799577 1654980 993416 988915 27000000 27000000 29801 13609 29822794 29657504 X 29060532 29709676 9912478 13222312 38973010 42931988 68795804 72589492 X 4452455 263226 -756703 X 0 1 X 1 1 1 X 7501112 13194712 7690963 7878126 10591434 46856347 1757932 2153925 2146167 2197588 1700115 9955727 9259044 15348637 9837130 10075714 12291549 56812074 4880746 51931328 682964 1679336 2426042 2718439 2865851 10372632 17076 323240 591715 545365 582479 2059875 69244581 28434066 0.75000 0.79470 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2021 AMOUNT: $ 6,864. 2022 AMOUNT: $ 27,335. 2023 AMOUNT: $ 24,997. 2024 AMOUNT: $ 59,019. FUNDRAISING - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 68,550. 2023 AMOUNT: $ 54,600. 2024 AMOUNT: $ 46,050. FOOD SERVICE AND CONCESSION - 2020 AMOUNT: $ 17,076. 2021 AMOUNT: $ 316,376. 2022 AMOUNT: $ 495,830. 2023 AMOUNT: $ 461,885. 2024 AMOUNT: $ 471,198. REBATES - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 3,883. 2024 AMOUNT: $ 4,790. GIFT SHOP CONSIGNMENT SALES - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 1,422. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 6054768 2400095 770961 259402 8966422 5417465 370000 539795 272492 6054768 5246002 391411 219948 5417465 5927790 -388126 293662 5246002 5385864 638463 96537 5927790 0.17300 0.82700 1 0 41849999 33113231 8736768 9214979 3585433 5629546 8538779 7258264 1280515 24629735 21736955 2892780 18539609 CAPITAL LEASE OBLIGATION 13609 13609 X 22206333 263226 218382 -181794 299814 21906519 66673 66673 21973192 18247355 218382 574909 793291 17454064 66673 66673 17520737 PART III, LINE 4: IN CONFORMITY WITH THE ACCOUNTING PRACTICES GENERALLY FOLLOWED BY MUSEUMS, THE ADLER'S COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ADLER'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. THE ADLER'S COLLECTIONS ARE MADE UP OF MORE THAN 7,000 ARTIFACTS AND ARCHIVAL WORKS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CULTURAL PURPOSES. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS OR TO SUPPORT THE DIRECT CARE OF COLLECTIONS. DIRECT CARE OF COLLECTIONS IS DEFINED BY THE ADLER AS COSTS THAT PROLONG THE LIFE AND USEFULNESS OF THE COLLECTION, COSTS PROVIDING BENEFITS THAT ENHANCE THE QUALITY AND PROTECTION OF THE COLLECTION, AND COSTS THAT MAKE A PHYSICAL IMPACT ON COLLECTIONS OBJECTS, INCREASING OR RESTORING THEIR CULTURAL OR SCIENTIFIC VALUE. ROUTINE AND ONGOING EXPENDITURES ARE NOT CONSIDERED DIRECT CARE OF COLLECTIONS. SCHEDULE D, PART III, LINE 4: FROM ITS INCEPTION, THE ADLER PLANETARIUM HAS HELD ONE OF THE WORLD'S FOREMOST COLLECTIONS OF INSTRUMENTS RELATED TO ASTRONOMY. TODAY, THE ADLER POSSESSES A MAJOR COLLECTION OF HISTORIC SCIENTIFIC INSTRUMENTS; RARE BOOKS AND OF WORKS ON PAPER DEALING WITH ASTRONOMY, SCIENTIFIC INSTRUMENTS AND RELATED SUBJECTS; A COLLECTION OF REPLICAS AND SIMILAR "HANDS-ON" OBJECTS USED FOR EDUCATIONAL PURPOSES; AND ARCHIVES PERTAINING TO THE HISTORY OF THE ADLER ITSELF. THE ADLER'S HISTORIC SCIENTIFIC INSTRUMENT COLLECTION CONTAINS MORE THAN 2,800 THREE-DIMENSIONAL ARTIFACTS DATING FROM THE 12TH THROUGH THE 20TH CENTURIES, RANGING FROM MEDIEVAL ASTROLABES AND ARMILLARY SPHERES TO SUNDIALS, PLANETARIA, AND TELESCOPES FROM THE SCIENTIFIC REVOLUTION TO CONTEMPORARY INSTRUMENTS FOR CELESTIAL NAVIGATION. THE RARE BOOK COLLECTION (NUMBERING ABOUT 2,700) AND WORKS ON PAPER COLLECTION (MORE THAN 750 WORKS) COVER SUBJECTS RELATED TO ASTRONOMY AND SPACE SCIENCE. THE EDUCATIONAL COLLECTION FURNISHES REALISTIC MODELS AND REPLICAS FOR USE BY THE EDUCATORS ON THE MUSEUM FLOOR AND OFF-SITE, IN SITUATIONS WHERE THE USE OF DELICATE ARTIFACTS WOULD BE INAPPROPRIATE. PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO BE USED PRIMARILY FOR THE MAINTENANCE AND OPERATION OF THE FACILITIES OF THE ADLER PLANETARIUM. THE ADLER PLANETARIUM HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: THE ADLER QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND, ACCORDINGLY, IS ONLY SUBJECT TO FEDERAL OR STATE INCOME TAXES ON SPECIFIC TYPES OF INCOME FROM ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE ADLER HAD NO MATERIAL INCOME FROM UNRELATED ACTIVITIES AND HAS NO MATERIAL INCOME TAXES DUE AS OF JUNE 30, 2025. THE ADLER'S APPLICATION OF THE ACCOUNTING STANDARDS REGARDING UNCERTAIN TAX POSITIONS HAD NO MATERIAL EFFECT ON ITS FINANCIAL POSITION AS MANAGEMENT BELIEVES THE ADLER HAS NO MATERIAL UNRECOGNIZED INCOME TAX BENEFITS, INCLUDING ANY POTENTIAL RISK OF LOSS OF ITS NOT-FOR-PROFIT TAX STATUS. THE ADLER WOULD ACCOUNT FOR ANY POTENTIAL INTEREST OR PENALTIES RELATED TO POSSIBLE FUTURE LIABILITIES FOR UNRECOGNIZED INCOME TAX BENEFITS AS INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INTEREST RATE SWAP -756,703. FUNDRAISING EXPENSE 241,647. RENTAL EXPENSE FROM REAL PROPERTY 333,262. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE FROM REAL PROPERTY 333,262. FUNDRAISING EXPENSE 241,647. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICE CONFERENCE TRAVEL 28319 0 0 0 0 0 0 28319 0 28319 0 0 0 0 0 0 X X X X X X 0 IL CELESTIAL BASH 986386 940336 46050 14348 227299 986386 940336 46050 14348 227299 241647 -195597 0 YOUTH ORGANIZATION FOR LIGHTS OUT 30 9900 YOUTH LEADERSHIP COUNCIL 34 7800 FAR HORIZONS 19 6850 ROBERT & HELEN ADLER SCHOLARSHIP 1 2500 MISSION NEAR SPACE 33 2486 SUSTAINABLE COLLABORATIONS 4 2000 4TH WARD FESTIVAL 11 660 X X X X 0 0 0 0 0 0 0 0 0 MICHELLE B LARSON PHD FORMER PRESIDENT & CEO (THRU 3/25) 545031 0 0 0 899 0 13200 0 495 0 559625 0 0 0 RYUTARO MIZUNO VP, MARKETING & COMMUNICATIONS 223920 0 0 0 0 0 9590 0 19342 0 252852 0 0 0 AUDRIS WONG CFO, INTER. PRES. & CEO (BEG 3/25) 230448 0 0 0 0 0 8542 0 1011 0 240001 0 0 0 LAURA TROUILLE VP, SCIENCE ENGMT. & VISUALIZATION 196413 0 0 0 0 0 7868 0 355 0 204636 0 0 0 ANDREW JOHNSTON VP, ASTRONOMY & COLLECTIONS 186411 0 0 0 386 0 7476 0 337 0 194610 0 0 0 GEZA GYUK DIRECTOR OF ASTRONOMY 129139 0 0 0 130 0 5620 0 19037 0 153926 0 0 0 JENEAN FEATHERSON SENIOR DIRECTOR OF HUMAN RESOURCES 130671 0 0 0 0 0 5220 0 17439 0 153330 0 0 0 X 10 2095120 FAIR MARKET VALUE X CATERING 1 75225 FAIR MARKET VALUE 0 1 0 SCHEDULE M, PART I, COLUMN (B): THE AMOUNT LISTED IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 1A AN "EXECUTIVE COMMITTEE" CONSISTING OF THE CHAIR, VICE CHAIRS, TREASURER, SECRETARY, PRESIDENT AND CEO, AND SIX (6) ADDITIONAL TRUSTEES (ONE OF WHICH MAY BE THE IMMEDIATE PAST CHAIR) ELECTED BY THE BOARD OF TRUSTEES AT THE REGULAR ANNUAL MEETING OF THE BOARD OF TRUSTEES SHALL, WHEN THE BOARD OF TRUSTEES IS NOT IN SESSION, HAVE AND EXERCISE ALL OF THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE CORPORATION EXCEPT AS PROVIDED IN THE ILLINOIS NOT FOR PROFIT CORPORATION ACT. THE EXECUTIVE COMMITTEE SHALL REPORT ON ITS ACTIVITIES TO THE BOARD OF TRUSTEES AT THE BOARD'S LEGALLY CONVENED MEETINGS. THE PRESIDENT AND CEO SHALL SERVE AS EXECUTIVE SECRETARY TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT OF THE ORGANIZATION AND IF ANY QUESTIONS ARISE DURING THEIR REVIEW, THEY ARE ADDRESSED WITH THEIR PAID TAX PREPARER. A PRESENTATION OF THE FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE WHO HAS BEEN DELEGATED THE REVIEW RESPONSIBILITY. ALL BOARD MEMBERS RECEIVE A COPY OF THE FINAL FORM 990, INCLUDING ALL APPLICABLE SCHEDULES, PRIOR TO FILING THE FORM WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE POLICY OF THE ADLER PLANETARIUM, ITS BOARD OF TRUSTEES AND COMMITTEES TO ENSURE THAT BOARD MEMBERS AND EMPLOYEES IN ALL OF THEIR ACTIVITIES AVOID CONFLICTS OF INTEREST-ACTUAL, POTENTIAL OR PERCEIVED-WHILE PERFORMING THEIR MUSEUM-RELATED DUTIES. IN PARTICULAR, NO PERSONS SHOULD OBTAIN OR APPEAR TO OBTAIN SPECIAL ADVANTAGES FOR THEMSELVES, THEIR RELATIVES, OR THEIR CLOSE ASSOCIATES AS A RESULT OF THEIR AFFILIATION AS A BOARD MEMBER OR EMPLOYEE. ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUESTED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE ANNUALLY. THE DISCLOSURES ARE REVIEWED BY EXECUTIVE STAFF AND IF A CONFLICT IS DETERMINED TO EXIST, THE MATTER IS BROUGHT TO THE EXECUTIVE COMMITTEE FOR FURTHER REVIEW. THE IMPLICATIONS IN PRACTICE FOR THIS POLICY VARY FROM ACTIVITY TO ACTIVITY AND THIS GENERAL POLICY SHOULD NOT LIMIT THE COOPERATION AND MUTUAL ASSISTANCE THAT IS NECESSARY FOR THE EFFECTIVE FUNCTIONING OF THE ORGANIZATION. IN ADDITION, THE ADLER IS A MEMBER OF THE AMERICAN ASSOCIATION OF MUSEUMS AND SUBSCRIBES TO THE CODE OF ETHICS FOR MUSEUMS. IN SUBSCRIBING TO THIS CODE, THE ADLER ASSUMES RESPONSIBILITY FOR THE ACTIONS OF EMPLOYEES OF THEIR GOVERNING AUTHORITY AND VOLUNTEERS IN THE PERFORMANCE OF MUSEUM-RELATED DUTIES. A COPY OF THE CODE OF ETHICS FOR MUSEUMS IS GIVEN TO ALL NEW EMPLOYEES. IF A CONFLICT IS DETERMINED BETWEEN A BOARD MEMBER AND THE ORGANIZATION, THE CONFLICT IS NOTED AND THE BOARD MEMBER IS ASKED TO ABSTAIN FROM ANY DISCUSSION OF OR VOTING ON ISSUES RELATED TO THAT CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF THE ADLER PLANETARIUM IS RESPONSIBLE FOR THE ANNUAL REVIEW AND APPROVAL OF COMPENSATION FOR THE PRESIDENT & CEO. IN JULY 2024, THE COMMITTEE ALSO REVIEWED THE SALARIES FOR OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. THE ADLER MAKES ITS AUDITED FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON INTEREST RATE SWAP -756,703.