Field Museum Of Natural History
- Assets
- $874.1m
- Revenue
- $94.1m
- Investments
- $473.8m
- Employees
- 655
- Location
- Chicago, IL
- Founding
- 11/1945
- Data as of
- 12/2021
- EIN
- 36-2167011
Organization Overview
Field Museum Of Natural History is located in Chicago, IL. The organization was established in 1945. According to its NTEE Classification (A56) the organization is classified as: Natural History & Natural Science Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Field Museum Of Natural History employed 655 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Field Museum Of Natural History is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Field Museum Of Natural History generated $94.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $72.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Field Museum Of Natural History has awarded 29 individual grants totaling $711,357. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MUSEUM IS AN INDEPENDENT CENTER OF LEARNING THAT ENGAGES IN RESEARCH AND PUBLIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCIENCE & EDUCATION: SCIENCE AND EDUCATION CONSISTS OF FOUR COMPLEMENTARY CENTERS-THE COLLECTIONS CENTER, THE INTEGRATIVE RESEARCH CENTER, THE SCIENCE ACTION CENTER, AND THE LEARNING CENTER. TOGETHER, THESE CENTERS ADVANCE THE MUSEUM'S MISSION OF UNDERSTANDING THE PAST, EXPLORING ITS PRESENT, AND SHAPING A FUTURE FOR THE EARTH THAT IS RICH WITH BIOLOGICAL AND CULTURAL DIVERSITY. THE COLLECTIONS AMOUNT TO OVER 30,000,000 NATURAL OBJECTS AND MAN-MADE ARTIFACTS SPANNING THE MUSEUM'S FOUR DISCIPLINES - ANTHROPOLOGY, BOTANY, GEOLOGY, AND ZOOLOGY.
MUSEUM OUTREACH AND BUSINESS ENTERPRISES.
PUBLIC PROGRAMS: THE MUSEUM BRINGS SCIENCE TO LIFE WITH MORE THAN 400,000 SQUARE FEET OF SPACE DEVOTED TO EXHIBITIONS AND OTHER PUBLIC PROGRAMS. IN 2022, THE MUSEUM WELCOMED MORE THAN 1,017,000 VISITORS.
MUSEUM SERVICES: THE MUSEUM HAS APPROXIMATELY 1,300,000 SQUARE FEET FOR WHICH MUSEUM SERVICES PROVIDES ENGINEERING, MAINTENANCE, AND SECURITY, AS WELL AS DIRECTLY SUPPORTS THE SCIENCE AND EDUCATION AND PUBLIC PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julian F Siggers President + CEO | OfficerTrustee | 35 | $764,900 |
John L Bucksbaum Vice Chair, Facilities And Administrative Services | OfficerTrustee | 3 | $0 |
Dr Richard A Chaifetz Vice Chair, Government Relations | OfficerTrustee | 3 | $0 |
Richard W Colburn Executive Member At Large | OfficerTrustee | 3 | $0 |
Robert W Crawford Jr Vice Chair, Audit | OfficerTrustee | 3 | $0 |
Jeffrey T Foland Vice Chair, Marketing | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ars Advertising Llc Marketing | 12/30/22 | $911,659 |
Integrated Electrical Services Electrical | 12/30/22 | $821,874 |
Aramark Management Services Housekeeping Services | 12/30/22 | $773,482 |
Grace Construction Group Llc Construction | 12/30/22 | $621,705 |
Greenbranch Communications Printing | 12/30/22 | $529,657 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,665,378 |
| Fundraising events | $2,526,399 |
| Related organizations | $0 |
| Government grants | $23,052,067 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,016,995 |
| Noncash contributions included in lines 1a–1f | $632,526 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,260,839 |
| Total Program Service Revenue | $17,936,215 |
| Investment income | $5,568,925 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $21,766 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,475,778 |
| Net Income from Fundraising Events | -$168,211 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $94,095,312 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $177,400 |
| Grants and other assistance to domestic individuals. | $130,702 |
| Grants and other assistance to Foreign Orgs/Individuals | $236,395 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,175,552 |
| Compensation of current officers, directors, key employees. | $892,867 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,717,397 |
| Pension plan accruals and contributions | $1,501,168 |
| Other employee benefits | $3,798,265 |
| Payroll taxes | $1,848,265 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $71,175 |
| Fees for services: Accounting | $174,040 |
| Fees for services: Lobbying | $90,750 |
| Fees for services: Fundraising | $89,000 |
| Fees for services: Investment Management | $1,429,264 |
| Fees for services: Other | $5,822,836 |
| Advertising and promotion | $1,345,145 |
| Office expenses | $3,664,580 |
| Information technology | $1,940,493 |
| Royalties | $228,762 |
| Occupancy | $2,689,084 |
| Travel | $450,656 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $149,241 |
| Interest | $6,865,755 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,671,283 |
| Insurance | $348,798 |
| All other expenses | $0 |
| Total functional expenses | $72,761,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,116,563 |
| Savings and temporary cash investments | $61,828,752 |
| Pledges and grants receivable | $15,921,212 |
| Accounts receivable, net | $7,495,484 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $85,241 |
| Prepaid expenses and deferred charges | $2,680,481 |
| Net Land, buildings, and equipment | $209,783,077 |
| Investments—publicly traded securities | $98,042,675 |
| Investments—other securities | $473,776,451 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,387,626 |
| Total assets | $874,117,562 |
| Accounts payable and accrued expenses | $7,367,239 |
| Grants payable | $0 |
| Deferred revenue | $6,352,093 |
| Tax-exempt bond liabilities | $161,020,715 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,477,479 |
| Total liabilities | $193,217,526 |
| Net assets without donor restrictions | $309,304,653 |
| Net assets with donor restrictions | $371,595,383 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $874,117,562 |
Grants Awarded
Over the last fiscal year, Field Museum Of Natural History has awarded $144,527 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF CHICAGO PURPOSE: STIPEND FOR SCIENCE AND EDUCATION | $90,805 |
HOUSTON MUSEUM OF SCIENCE PURPOSE: STIPEND FOR SCIENCE AND EDUCATION | $8,353 |
BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY PURPOSE: STIPEND FOR SCIENCE AND EDUCATION | $14,480 |
TCA HEALTH INC PURPOSE: STIPEND FOR SCIENCE AND EDUCATION | $16,330 |
FLORIDA FISH AND WILDLIFE CONSERVATION PURPOSE: STIPEND FOR SCIENCE AND EDUCATION | $14,559 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Field Museum Of Natural History Chicago, IL | $874,117,562 | $94,095,312 |
Project Exploration Chicago, IL | $396,681 | $1,273,272 |
Ozark Museum Of Natural History Cedar Creek, MO | $613,764 | $841,180 |
Academy Of Science Of St Louis St Louis, MO | $10,025,020 | $579,761 |
Cable Natural History Museum Inc Cable, WI | $7,126,082 | $704,776 |
Warbird Heritage Foundation Waukegan, IL | $191,118 | $486,834 |
Friends Of Garfield Park Inc Indianapolis, IN | $4,215,874 | $2,785,643 |
Insect Asylum Inc Chicago, IL | $65,314 | $246,169 |
Missouri Institute Of Natural Science Springfield, MO | $493,068 | $0 |
Elgin Public Museum Incorporated Elgin, IL | $301,431 | $0 |
Ben E Clement Mineral Museum Inc Marion, KY | $91,531 | $60,838 |
Cambridge Historic School Foundation Inc Cambridge, WI | $156,279 | $43,092 |
Big Sandy Mountain Heritage-History Center Incorporated Pikeville, KY | $120,861 | $0 |
Nigerheritage Foundation Chicago, IL | $13,003 | $5,000 |