Adler Planetarium is located in Chicago, IL. The organization was established in 1968. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Adler Planetarium employed 185 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adler Planetarium 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 06/2023, Adler Planetarium generated $18.8m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $16.0m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADLER'S MISSION IS TO CONNECT PEOPLE TO THE UNIVERSE AND EACH OTHER UNDER THE SKY WE ALL SHARE.
Describe the Organization's Program Activity:
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 MUSEUM 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 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. IN 2022, THE PHYSICAL MUSEUM WAS REOPENED TO THE PUBLIC ON MARCH 4, AFTER A 2-YEAR BUILDING CLOSURE DUE TO COVID. THE MUSEUM HAS A NEW ONLINE TICKETING PLATFORM, AND A REINVENTED OPERATING MODEL THAT HAS SIGNIFICANTLY IMPROVED PER CAPITA TICKET REVENUE. THIS INCLUDES A NEW SCHEDULE OF PUBLIC HOURS EVERY WEDNESDAY EVENING FOR OUR EXHIBITIONS, SKY SHOWS, AND TELESCOPE VIEWING. NEW CONTENT OFFERINGS, LIKE THE TEMPORARY DISPLAY OF A FULL-SIZE REPLICA OF THE MARS PERSEVERANCE ROVER, DROVE GOOD ATTENDANCE. NEW, SCHOOL-GROUP-ONLY DAYS ARE PROVIDING MEANINGFUL EXPERIENCES AT THE MUSEUM FOR EDUCATORS AND THEIR STUDENTS. ADLER IS ALSO 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. THROUGH ZOONIVERSE.ORG, AN ONLINE CITIZEN-SCIENCE PLATFORM CO-FOUNDED BY ADLER, OVER 2.6 MILLION VOLUNTEERS AROUND THE WORLD - MANY OF WHOM HAVE NO FORMAL SCIENTIFIC TRAINING - CONTRIBUTE TO REAL SCIENTIFIC RESEARCH PROJECTS. TO DATE, ZOONIVERSE VOLUNTEERS HAVE CLASSIFIED MILLIONS OF GALAXIES, INSPECTED HUNDREDS OF THOUSANDS OF TUBERCULOSIS BACTERIA TO FIGHT ANTIBIOTIC RESISTANCE, DISCOVERED NEW EXOPLANETS, AND HELPED RESEARCH TEAMS ACROSS DISCIPLINES TACKLE HUGE DATA SETS. 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 WITH OUR SCIENTISTS AND ENGINEERS TO CARRY OUT THE FIRST-EVER LIGHT-POLLUTION SURVEY OF CHICAGO. THEY ALSO HELPED CHICAGO'S PALO FOREST PRESERVE SUCCESSFULLY EARN THE DESIGNATION AS THE WORLD'S LARGEST URBAN NIGHT SKY PLACE FROM THE INTERNATIONAL DARK SKY ASSOCIATION AND ORGANIZED TO EDUCATE OTHERS AND ADDRESS LIGHT POLLUTION IN THEIR OWN COMMUNITIES. WE ALSO CONTINUE TO NURTURE OUR PARTNERSHIP WITH CHILDREN'S HOSPITALS THROUGH OUR VIRTUAL FIELD TRIPS PROGRAM TO ENGAGE PEDIATRIC PATIENTS IN THE WONDERS OF OUR SOLAR SYSTEM AND CORE CONCEPTS AROUND SIZE SCALE. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kecia Steelman Board Chair | OfficerTrustee | 1 | $0 |
Nancy S Gerrie Board Vice Chair | OfficerTrustee | 1 | $0 |
Jonathan H Herbst Board Treasurer | OfficerTrustee | 1 | $0 |
Daniel T Mueller Board Secretary | OfficerTrustee | 1 | $0 |
Raj Bhatia Board Executive Committee Member | Trustee | 1 | $0 |
Muhammad Gigani Board Executive Committee Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
A-1 Roofing Company Construction Services | 6/29/23 | $862,327 |
Diverse Facility Solutions Inc Janitorial Services | 6/29/23 | $338,202 |
Tk Elevator Corporation Construction Services | 6/29/23 | $170,432 |
Troop Contracting Construction Services | 6/29/23 | $217,086 |
Total Elevator Service Construction Services | 6/29/23 | $160,917 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $396,956 |
Fundraising events | $1,143,073 |
Related organizations | $0 |
Government grants | $3,239,662 |
All other contributions, gifts, grants, and similar amounts not included above | $5,057,439 |
Noncash contributions included in lines 1a–1f | $141,236 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,837,130 |
Total Program Service Revenue | $6,176,636 |
Investment income | $1,039,069 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,386,973 |
Net Gain/Loss on Asset Sales | -$3,488 |
Net Income from Fundraising Events | -$185,289 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $18,774,196 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,386,631 |
Compensation of current officers, directors, key employees. | $527,404 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,426,746 |
Pension plan accruals and contributions | $291,255 |
Other employee benefits | $673,829 |
Payroll taxes | $590,678 |
Fees for services: Management | $0 |
Fees for services: Legal | $66,814 |
Fees for services: Accounting | $124,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $60,485 |
Fees for services: Other | $1,110,437 |
Advertising and promotion | $22,579 |
Office expenses | $470,019 |
Information technology | $204,511 |
Royalties | $0 |
Occupancy | $462,508 |
Travel | $77,282 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $678,666 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,124,300 |
Insurance | $219,941 |
All other expenses | $136,017 |
Total functional expenses | $16,032,773 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $153,562 |
Savings and temporary cash investments | $10,337,573 |
Pledges and grants receivable | $1,821,396 |
Accounts receivable, net | $356,091 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $324,732 |
Net Land, buildings, and equipment | $19,824,650 |
Investments—publicly traded securities | $32,150,648 |
Investments—other securities | $2,164,765 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $67,133,417 |
Accounts payable and accrued expenses | $1,667,050 |
Grants payable | $0 |
Deferred revenue | $998,247 |
Tax-exempt bond liabilities | $27,000,000 |
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 | $1,289,521 |
Total liabilities | $30,954,818 |
Net assets without donor restrictions | $24,445,100 |
Net assets with donor restrictions | $11,733,499 |
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 | $67,133,417 |