Kenneth C Griffin Museum of Science and Industry

EIN: 362167797 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$66,431,592
Total Expenses
$62,342,402
Total Assets
$433,034,472
Net Assets
$382,942,590
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1933
Legal Domicile
IL
Principal Officer
A Chevy Humphrey
Phone
7736841414
Tax Period
2024-01-01 to 2024-12-31

Kenneth C Griffin Museum of Science and Industry, founded in 1933, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $66.4M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $62.3M left a modest 6% surplus.

Mission

The Kenneth C. Griffin Museum of Science and Industry's mission is to inspire the inventive genius in everyone, and its vision is rooted in the Museum's historic rotunda engraving: Science discerns the laws of nature, industry applies them to the needs of humankind.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $23,562,202
Program Service Revenue $21,993,865
Investment Income $15,069,712
Other Revenue $5,805,813
TOTAL REVENUE $66,431,592

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,541,778
Fundraising Expenses $3,207,475
Program Expenses $52,645,583
Other Expenses $37,585,224
TOTAL EXPENSES $62,342,402

Year-over-Year Comparison

2024 2023 Change
Revenue $66,431,592 $58,414,869 +0.1%
Expenses $62,342,402 $56,870,519 +0.1%
Net Income $4,089,190 $1,544,350 +1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
85
Independent Members
84
Employees
417
Volunteers
200

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
20
$923,879
Total Directors
92
$923,879
Key Employees
5
$1,643,061
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
A Chevy Humphrey President & CEO/Trustee 35.00
Officer Director
$806,812 $117,067 $923,879
David J Vitale Chairman/Trustee 1.00
Officer Director
$0 $0 $0
David A Fisher Treasurer/Trustee 1.00
Officer Director
$0 $0 $0
Michelle L Collins Secretary/Trustee 1.00
Officer Director
$0 $0 $0
Matthew J Boler Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
Allan E Bulley Jr Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
Frank M Clark Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
Douglas M Cook Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
Kent P Dauten Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
Anthony B Davis Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
Pedro DeJesus Jr Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
Ann M Drake Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
Joseph M Erlinger Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
Robert A Livingston Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
Barry L MacLean Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
Duncan A MacLean Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
DG Macpherson Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
Robert F Pasin Vice Chairman/Trustee (until 7/8/24) 1.00
Officer Director
$0 $0 $0
Sheila A Penrose Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
E Scott Santi Vice Chairman/Trustee 1.00
Officer Director
$0 $0 $0
Uma M Amuluru Trustee 1.00
Director
$0 $0 $0
Jeffrey R Applebaum Trustee 1.00
Director
$0 $0 $0
Pat A Basu Trustee 1.00
Director
$0 $0 $0
Cathy Birkeland Trustee 1.00
Director
$0 $0 $0
Doug Boersma Trustee 1.00
Director
$0 $0 $0
Barbara L Bowles Trustee 1.00
Director
$0 $0 $0
Stephanie Braming CFA Trustee 1.00
Director
$0 $0 $0
Byron T Brazier DMin Trustee 1.00
Director
$0 $0 $0
Chris Cartwright Trustee 1.00
Director
$0 $0 $0
Piyush Chaudhari Trustee 1.00
Director
$0 $0 $0
Andrew Clarke Trustee 1.00
Director
$0 $0 $0
Kelley Conway Trustee 1.00
Director
$0 $0 $0
Rita Sola Cook Trustee 1.00
Director
$0 $0 $0
Richard H Copans Trustee 1.00
Director
$0 $0 $0
Christopher M Crane Trustee (until 4/13/24) 1.00
Director
$0 $0 $0
Kevin Cross Trustee 1.00
Director
$0 $0 $0
Katherine C Doyle Trustee 1.00
Director
$0 $0 $0
James J Drury III Trustee 1.00
Director
$0 $0 $0
Joshua Earnest Trustee 1.00
Director
$0 $0 $0
Richard Edelman Trustee 1.00
Director
$0 $0 $0
Opella Ernest Trustee 1.00
Director
$0 $0 $0
W James Farrell Trustee 1.00
Director
$0 $0 $0
James T Glerum Jr Trustee 1.00
Director
$0 $0 $0
Catherine P Greenspon Trustee 1.00
Director
$0 $0 $0
Myetie Hamilton Trustee 1.00
Director
$0 $0 $0
Stephanie J Hickman Trustee 1.00
Director
$0 $0 $0
Steven Hunter Trustee 1.00
Director
$0 $0 $0
Justin Ishbia Trustee 1.00
Director
$0 $0 $0
Rashad R Johnson PE Trustee 1.00
Director
$0 $0 $0
Edward L Kaplan Trustee 1.00
Director
$0 $0 $0
Vikram Karnani Trustee 1.00
Director
$0 $0 $0
Michael P Krasny Trustee 1.00
Director
$0 $0 $0
H John Livingston Trustee 1.00
Director
$0 $0 $0
Tom McGuinness Trustee (until 6/19/24) 1.00
Director
$0 $0 $0
Robert S Murley Trustee 1.00
Director
$0 $0 $0
Daniela O'Leary-Gill Trustee 1.00
Director
$0 $0 $0
Louis V Pinkham Trustee (until 6/19/24) 1.00
Director
$0 $0 $0
John F Podjasek III Trustee 1.00
Director
$0 $0 $0
Jason Pritzker Trustee (until 11/06/24) 1.00
Director
$0 $0 $0
Allison P Ranney Trustee 1.00
Director
$0 $0 $0
Michael A Reinsdorf Trustee (until 6/19/24) 1.00
Director
$0 $0 $0
Michelle Russell Trustee 1.00
Director
$0 $0 $0
Manuel Sanchez Trustee 1.00
Director
$0 $0 $0
Smita N Shah Trustee 1.00
Director
$0 $0 $0
Virginia K Simmons Trustee 1.00
Director
$0 $0 $0
Melody A Spann-Cooper Trustee 1.00
Director
$0 $0 $0
Kristofer K Swanson Trustee 1.00
Director
$0 $0 $0
Shundrawn A Thomas Trustee 1.00
Director
$0 $0 $0
Leonard Wanger Trustee 1.00
Director
$0 $0 $0
Ralph Wanger Trustee 1.00
Director
$0 $0 $0
Ann C Williams Trustee 1.00
Director
$0 $0 $0
Elizabeth Ziegler Trustee 1.00
Director
$0 $0 $0
Charles K Bobrinskoy Life Trustee 1.00
Director
$0 $0 $0
John A Canning Jr Life Trustee 1.00
Director
$0 $0 $0
Lester Crown Life Trustee 1.00
Director
$0 $0 $0
William J Devers Jr Life Trustee 1.00
Director
$0 $0 $0
Dennis J FitzSimons Life Trustee 1.00
Director
$0 $0 $0
Jere D Fluno Life Trustee 1.00
Director
$0 $0 $0
William M Goodyear Life Trustee 1.00
Director
$0 $0 $0
James A Gordon Life Trustee 1.00
Director
$0 $0 $0
James R Kackley Life Trustee 1.00
Director
$0 $0 $0
John P Keller Life Trustee 1.00
Director
$0 $0 $0
Richard H Lenny Life Trustee (until 6/19/24) 1.00
Director
$0 $0 $0
Edward M Liddy Life Trustee 1.00
Director
$0 $0 $0
Walter E Massey PhD Life Trustee 1.00
Director
$0 $0 $0
Robert S Morrison Life Trustee 1.00
Director
$0 $0 $0
Terry E Newman Life Trustee 1.00
Director
$0 $0 $0
William A Osborn Life Trustee 1.00
Director
$0 $0 $0
Cindy Pritzker Life Trustee 1.00
Director
$0 $0 $0
James A Skinner Life Trustee 1.00
Director
$0 $0 $0
Eugene A Tracy Life Trustee 1.00
Director
$0 $0 $0
Arthur R Velasquez Life Trustee 1.00
Director
$0 $0 $0
David Woody VP - Exhibitions, Collections, CCO 35.00
Key Emp
$368,243 $26,253 $394,496
Jonathan Assell VP - Chief Financial Officer 35.00
Key Emp
$312,669 $46,973 $359,642
Laura Herrera VP - Chief Marketing & Revenue 35.00
Key Emp
$236,074 $45,973 $282,047
Hsinghua Chen VP - Chief Administrative Officer 35.00
Key Emp
$291,800 $12,192 $303,992
Jessica Chavez Ruth D. & Ken M. Davee VP, Education 35.00
Key Emp
$263,311 $39,573 $302,884
Syeda Soofia VP - Chief of People and Culture 35.00
Highest
$276,815 $47,855 $324,670
Dina Torrisi Martin VP - General Counsel 35.00
Highest
$163,093 $31,770 $194,863
Robert Dipasquantonio AVP - Information Technology 35.00
Highest
$203,116 $29,725 $232,841
Anne Rashford VP - Govt Affairs/Chief Bus Officer 35.00
Highest
$234,796 $21,849 $256,645
Patricia Ward AVP - Exhibitions & Partnerships 35.00
Highest
$176,859 $20,656 $197,515
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $66,431,592 $62,342,402 $433,034,472 $4,089,190
2023 $58,414,869 $56,870,519 $422,200,833 $1,544,350
2022 $64,412,383 $52,060,533 $409,602,292 $12,351,850
2021 $169,067,056 $46,466,795 $427,907,232 $122,600,261
2020 $51,692,982 $46,601,871 $301,079,614 $5,091,111
2019 $66,856,512 $62,548,762 $290,584,839 $4,307,750
2018 $87,049,282 $65,750,821 $282,074,322 $21,298,461
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