Iefile GRAPHIC print - DO NOT PROCESS lAs Filed Data - l 990 93493319111016I DLNi OMB No Return of Organization Exempt From Income Tax Form .3] 0 2015 Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) > Do not enter social security numbers on this form as it may be made public > Information about Form 990 and its instructions is at www IRS govgf01m990 Department of the Treasury 1545-0047 Open to Public Inspection Internal Revenue SeNice A For the 2015 calendar year, or tax year beginning 01-01-2015 , and ending 12-31-2015 C Name of organization B CheCk 'f appl'cab'e D Employer identification number ILLINOIS POLICY INSTITUTE r Address change 41-2057028 r Name change Domg business as r Initial return r Final return/terminated E Telephone number Number and street (or P 0 box if mail is not delivered to street address) Room/suite 190 S LASALLE STREET NO 1500 (3 12) 346 -5700 rAmended return rApplication pending City or town, state or provmce, country, and ZIP or foreign postal code CHICAGO, IL 60603 G Gross receipts $ 5,841,075 F Name and address ofprinCIpal officer JOHN TILLMAN "(3) IS this a group return for IYes I7 subordinates ? 190 s LASALLE STREET NO 1500 No H(b) Are allsubordinate CHICAGO,IL 60603 S I Tax'exemptStatus I7501(c)(3) I- 501(c)( )<(insertno) F4947(a)(1) or F527 I-Yes rNo Inc'uded? If"No," attach a list (see instructions) J Websiteib WWWILLINOISPOLICY ORG H(c) Group exemption number b K Form of organization '- Year Of formation 2002 l7 Corporation r Trust r Assouation r Other b M State of legal domICIle IL m Summary 1Briefly describe the organization's mISSion or most Significant actiVities THE INSTITUTE IS A FREE MARKET ORIENTED THINK TANK DEDICATED TO GATHERING, DISSEMINATING,AND EDUCATING ILLINOIS CONSTITUENTS ON LOCAL, STATE,AND FEDERAL PUBLIC POLICY ISSUES FACING ILLINOIS ; E = g L!) 2 Check this box > [- ifthe organization discontinued its operations or disposed ofmore than 25% ofitS net assets a? 3 Number ofvoting members ofthe governing body (Part VI, line 1a) 3 8 32 4 Number ofindependent voting members ofthe governing body (Part VI, line 1b) 4 7 S 5 Total number ofindiViduals employed in calendar year 2015 (Part V, line 2a) 5 0 2 6 Total number of volunteers (estimate if necessary) 6 0 7a Total unrelated bUSiness revenue from Part VIII, column (C), line 12 7a 0 b 7b -750 Net unrelated busmess taxable income from Form 990-T, line 34 Prior Year % 9 g 10 I 3,528,656 Program serVIce revenue (PartVIII,line 29) 0 0 -431 187 Investmentincome(PartVIII,column(A),lineS 3,4,and 7d) 11 Other revenue (PartVIII,column(A),lineS 5,6d,8c,9c,10c,and11e) 12 Iggal revenue-add lines 8 through 11 (must equal Part VIII, column (A), line 13 Grants and Similaramounts paid (PartIX,column (A),lines 1-3) 14 Benefits paid to orfor members (PartIX,column (A),line 4) X3 15 Sallagifs, other compensation, employee benefits (Part IX, column (A), lines g 16a Professmnalfundraismg fees (PartIX,column(A),line 11e) 3 b Current Year Contributions and grants (PartVIII,line 1h) 5,818,605 6,850 750 3,535,075 5,819,542 37,000 178,500 0 0 1,967,167 2,547,901 0 0 Total fundraismg expenses (Part IX, column (D), line 25) >683,057 17 Otherexpenses (PartIX,column(A),lines 11a-11d,11f-24e) 1,851,862 2,245,503 18 Totalexpenses Addlines 13-17 (must equalPartIX,column(A),line25) 3,856,029 4,971,904 19 Revenue leSS expenses -320,954 847,638 Subtract line 18 from line 12 33 Beginning ofCurrent Year gg 20 Totalassets (Part X,line 16) 22 21 Total liabilities (Part X, line 26) 23- 22 Net assets orfund balances m End onear 463,948 Subtract line 21 from line 20 1,311,586 0 0 463,948 1,311,586 Signature Block Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge Sign Here ***** * Signature of officer 2016-11-14 Date KRISTINA RASMUSSEN PRESIDENT Type or print name and title . Pald Print/Type preparer's name KIMBERLEY S FRITZSCHE Firm'S name Preparer's Signature KIMBERLEY S FRITZSCHE Date Check I- 'f self-employed PTIN P00232679 > WILLOW CPA GROUP LTD Firm'S EIN b 47-2178213 Firm'S address > 1622 W COLONIAL PARKWAY SUITE 101 Phone no (847) 453-3950 Preparer Use Only INVERNESS, IL 60067 May the IRS discuss this return With the preparer shown above? (see instructions) For Paperwork Reduction Act Notice, see the separate instructions. . IVYes I-No Cat No 11282Y Form990(20 1 5) Form 990(2015) Page2 m Statement of Program Service Accomplishments 1 Check ifSchedule 0 contains a response or note to any line in this PartIII Briefly describe the organization's miSSion . . . . . . . . . . . . . . I- THE INSTITUTE IS A FREE MARKET ORIENTED THINK TANK DEDICATED TO GATHERING, DISSEMINATING,AND EDUCATING ILLINOIS CONSTITUENTS ON LOCAL, STATE,AND FEDERAL PUBLIC POLICY ISSUES FACING ILLINOIS 2 Did the organization undertake any Significant program serVIceS during the year which were not listed on thepriorForm990 or990-EZ? . . . . . . . . . . . . . . . . . . . . . I-Yes I7No If"YeS," describe these new serVIces on Schedule 0 3 Did the organization cease conducting, or make Significant changes in how it conducts, any program serVIceS?........................... I-YesIVNo If"YeS," describe these changes on Schedule 0 4 4a Describe the organization's program serVIce accomplishments for each ofits three largest program serVIces, as measured by expenses Section 501(c)(3) and 501(c)(4) organizations are reqUIred to report the amount ofgrants and allocations to others, the total expenses, and revenue, ifany, for each program serVIce reported (Code ) (Expenses $ 3,988,005 including grants of $ 178,500 ) (Revenue $ ) ILLINOIS POLICY INSTITUTE CONDUCTS RESEARCH ON A VARIETY OF ISSUES, INCLUDING FISCAL MATTERS, EDUCATION POLICY, AND GOVERNMENT REFORM THE INSTITUTE SHARES ITS FINDINGS WITH RELEVANT AUDIENCES VIA POLICY PAPERS, MEDIA APPEARANCES, SPEAKING ENGAGEMENTS, AND OTHER PUBLIC FORUMS ALL OF THE INSTITUTE'S RESEARCH IS DESIGNED TO BETTER EDUCATE AND BENEFIT ILLINOIS RESIDENTS, TAXPAYERS, MEDIA, AND GOVERNMENT OFFICIALS ON THE POLICIES CONFRONTING ILLINOIS 4b (Code ) (Expenses $ 64,309 including grants of $ ) (Revenue $ ) EDUCATIONAL SEMINARS ON THE PUBLIC POLICIES OF ILLINOIS 4c (Code ) (Expenses $ 4d Other program serVIces (Describe in Schedule 0) (Expenses $ 4e Total program service expensesb including grants of $ including grants of$ ) (Revenue $ ) (Revenue $ ) ) 4,0 52,3 14 Form 990(2015) Form 990 (2015) Page 3 m Checklist of Required Schedules Yes IS the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete ScheduleA y . . . . 1 IS the organization required to complete Schedule B, Schedule of Contributors (see instructions)? 9; 2 Did the organization engage in direct or indirect political campaign actiVities on behalf ofor in oppOSItion to candidates for public office? If "Yes," complete Schedule C, Part I 3 Section 501(c)(3) organizations. Did the organization engage in lobbying actiVities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II 0 . . 4 No YeS YeS No YeS IS the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or Similar amounts as defined in Revenue Procedure 98-19? N If "Yes," complete Schedule C, Part III 93] 5 0 Did the organization maintain any donor adVIsed funds or any Similarfunds or accounts for which donors have the right to prOVIde adVIce on the distribution or investment ofamounts in such funds or accounts? If "Yes," complete Schedule D, Part I 93] N 5 0 Did the organization receive or hold a conservation easement, including easements to preserve open Space, the enVIronment, historic land areas, or historic Structures? If "Yes," complete Schedule D, Part II 9; No 7 Did the organization maintain collections of works ofart, historical treasures, or other Similar assets? N If "Yes," complete Schedule D, Part III 93] 3 Did the organization report an amount in Part X, line 21 for escrow or custodial account liability, serve as a custodian for amounts not listed in Part X, or prowde credit counseling, debt management, credit repair, or debt negotiation serViceS?If "Yes," complete Schedule D, Part IV 0 9 10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quaSi-endowments? If "Yes," complete Schedule D, PaIt V 0 11 Ifthe organization's answerto any ofthe followmg questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, orX as applicable 0 N 0 10 Did the organization report an amount for land, buildings, and eqUIpment in Part X, line 10? No Y If "Yes," complete Schedule D, Part VI 11a eS Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII 3' No 11b Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII 93] N 11C Did the organization report an amount for other assets in Part X, line 15 that iS 5% or more ofits total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX 3' . . . 0 YeS 11d Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, PartX 0 11e Did the organization's separate or consolidated finanCIal statements for the tax year include a footnote that addresses the organization's liability for uncertain tax pOSItionS under FIN 48 (ASC 740)? 11f No YeS If "Yes," complete Schedule D, Part X 0 12a Did the organization obtain separate, independent audited financial Statements for the tax year? If "Yes," complete Schedule D, Parts XI and XII 3' 123 Was the organization included in consolidated, independent audited finanCIal statements for the tax year? If "Yes," and If the Olganizatlon answered "No" to line 12a, then complet/ng Schedule D, Parts XI and XII IS optional 9; 12b IS the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E 13 14a Did the organization maintain an office, employees, or agents outSide ofthe United States? N0 YeS 13 No 14a No Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraiSing, buSlness, investment, and program serVice actiVities outSide the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV . 14b N0 15 Did the organization report on Part IX, column (A), line 3, more than $5,000 ofgrants or other aSSIstance to or for any foreign organization? If "Yes,"complete Schedule F, Parts II and IV . N 16 Did the organization report on Part IX, column (A), line 3, more than $5,000 ofaggregate grants or other aSSIstance to or for foreign indiViduals? If "Yes,"complete Schedule F, PaItS III and IV . 17 Did the organization report a total of more than $15,000 ofexpenses for professmnal fundraiSing serViceS on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, PartI (see instructions) 18 Did the organization report more than $15,000 total offundraismg event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, PaIt II 18 N0 19 Did the organization report more than $15,000 ofgross income from gaming actiVities on PartVIII,line 9a? If 19 N 20a Did the organization operate one or more hospital faCIlitieS? If "Yes," complete Schedule H 203 If"YeS" to line 20a, did the organization attach a copy ofits audited finanCIal Statements to this return? 20b 15 16 0 17 No "Yes," complete Schedule G, Part III b 0 N 0 No Form 990(2015) Form 990(2015) Page4 m Checklist of Required Schedules (cont/nued) 21 22 Did the organization report more than $5,000 ofgrants or other aSSiStance to any domestic organization or domestic government on Part IX, column (A), line 1? If "Yes,"complete Schedule I, PaItS I and II 21 Did the organization report more than $5,000 ofgrants or other aSSiStance to orfor domestic indiViduals on Part 22 IX, column (A), line 2? If "Yes,"complete Schedule I, PaItS I and III 23 N 0 0 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J 0 24a YeS Did the organization have a tax-exempt bond issue With an outstanding prinCIpal amount of more than $100,000 as ofthe laSt day ofthe year, that was issued after December 31, 2002? If "Yes,"answer lines 24b thIough 24d and complete Schedule K If "No, "go to l/ne 25a Y 23 eS N 24a b Did the organization invest any proceeds oftax-exempt bonds beyond a temporary period exception? C Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds? 24C d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? 24d 0 b 24 25a Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction With a disqualified person during the year? If "Yes," complete Schedule L, PaItI b IS the organization aware that it engaged in an excess benefit transaction With a disqualified person in a prior year, and that the transaction haS not been reported on any ofthe organization's prior Forms 990 or 990-EZ? 25 N a 0 25b N0 26 No 27 No 28a No 28b No If "Yes," complete Schedule L, PaIt I 26 Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current orformer officers,directorS,trusteeS,key employees,highestcompensated employees,or disqualified persons? If "Yes," complete Schedule L, PaIt II 27 28 a Did the organization prOVIde a grant or other aSSIstance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member ofany ofthese persons? If "Yes," complete Schedule L, Part III Was the organization a party to a buSiness transaction With one ofthe followmg parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions) A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, PartIV . . . . . . b A family member ofa current orformer officer, director, trustee, or key employee? If "Yes," complete Schedule L, PartIV . C An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV 29 30 N 28C Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete ScheduleM . .33] 29 0 YeS Did the organization receive contributions ofart, historical treasures, or other Similar assets, or qualified N conservation contributions? If "Yes," complete Schedule M 30 31 Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, PaIt I 32 Did the organization sell, exchange, dispose of, or transfer more than 25% ofits net assets? If "Yes," complete Schedule N, Part II 0 No 31 33 N 32 0 Did the organization own 100% ofan entity disregarded as separate from the organization under Regulations sections 301 7701-2 and 301 7701-3? If "Yes," complete Schedule R, PaItI 34 0 WaS the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, PaIt II, III, or IV, 0 N 33 0 34 YeS 35a YeS 35b Y and Part V, l/ne 1 35a Did the organization have a controlled entity Within the meaning ofsection 512(b)(13)? b 36 Ilees'to line 35a, did the organization receive any payment from or engage in any transaction With a controlled entity Within the meaning ofsection 512(b)(13)? If "Yes," complete Schedule R, Part V, llneZ 0 e5 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2 0 37 Did the organization conduct more than 5% of itS actiVities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI 3' 38 Did the organization complete Schedule 0 and prOVIde explanations in Schedule 0 for Part VI, lines 11b and 19? Note. All Form 990 filers are reqUIred to complete Schedule 0 N 35 0 N 37 0 Y 38 e5 Form 990(2015) Form 990(2015) Page5 Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule 0 contains a response or note to any line in this Part V . . . . . . . . . Yes 1a Enterthe number reported in Box 3 of Form 1096 Enter -0- ifnot applicable . . la 43 1b 0 b Enterthe number of Forms W-2G included in line 1a Enter -0- if not applicable C Did the organization comply With backup Withholding rules for reportable payments to vendors and reportable gaming(gambling)wmningstoprizewmnerS? . . . . . . . . . . . . . . . . . . 2a Enter the number ofemployees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending With or Within the year covered bythisreturn.................. b 23 . INo YeS 0 Ifat leaSt one is reported on line 2a, did the organization file all reqUIred federal employment tax returns? Note.Ifthe sum oflineS 1a and 2a is greater than 250, you may be reqUIred to e-file (see instructions) 3a Did the organization have unrelated busmess gross income of$1,000 or more during the year? b 1C . . . Ifl'YeS," haS it filed a Form 990-T for this year?If "No" to l/ne 3b, ploylde an explanat/on In Schedule 0 2'3 . . 3a . . No 3b 4a At any time during the calendar year, did the organization have an interest in, or a Signature or other authority over, a finanCIal account in a foreign country (such as a bank account, securities account, or otherfinanCIal account)? b . . 4a No 5a No 5b No If"YeS," enter the name ofthe foreign country > See instructions forfiling reqUIrementS for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBA R) 5a WaS the organization a party to a prohibited tax Shelter transaction at any time during the tax year? . . b Did any taxable party notify the organization that it was or iS a party to a prohibited tax Shelter transaction? C If"YeS," to line 5a or 5b, did the organization file Form 8886-T? 5C 6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization S0liCit any contributions that were not tax deductible as charitable contributions? b 7 If"YeS," did the organization include With every S0liCitation an express statement that such contributions or gifts werenottaxdeductible? . . . . . . . . . . . . . . . . . . . . . . Ga YeS 5b YeS Organizations that may receive deductible contributions under section 170(C). 3 Did the organization receive a payment in excess of$75 made partly as a contribution and partly for goods and serVices prOVIded to the payor? . . . . . . . 7a 7b b If"YeS," did the organization notify the donor ofthe value ofthe goods or serVices prOVIded? C Did the organization sell, exchange, or otherWIse dispose oftangible personal property for Which it was reqUIred to fileForm8282?......................... d If"YeS," indicate the number of Forms 8282 filed during the year e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? 9 Ifthe organization received a contribution ofqualified intellectual property, did the organization file Form 8899 as reqUIred?...................... h Ifthe organization received a contribution ofcarS, boats, airplanes, or other vehicles, did the organization file a . . . . . . . . . 7C No N0 7d 7e . . 7f 7g Form1098-C?..........................7h 8 Sponsoring organizations maintaining donor advised funds. Did a donor adVIsed fund maintained by the sponsoring organization have excess busmeSS holdings at any time duringtheyear? . . . . . . . . . . . . . . . . . . . . . . . . . 9a Did the Sponsoring organization make any taxable distributions under section 4966? b . . . 3 9a . 9b 12a Section 4947(a)(1) non-exempt Charitable trusts.IS the organization filing Form 990 in lieu of Form 1041? 12a 10 Did the Sponsoring organization make a distribution to a donor, donor adVIsor, or related person? . . Section 501(c)(7) organizations. Enter Initiation fees and capital contributions included on Part VIII, line 12 b . . . 10a Gross receipts, included on Form 990, Part VIII, line 12, for public use ofclub 10b faCIlitieS 11 Section 501(c)(12) organizations. Enter Gross income from members or shareholders . . . . . . . . . 11a Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them) . . . . . . . . . . b 13 If"YeS," enter the amount of tax-exempt interest received or accrued during the year 11b 12b Section 501(c)(29) qualified nonprofit health insurance issuers. a IS the organization licensed to issue qualified health plans in more than one State?Note. See the instructions for additional information the organization must report on Schedule 0 b Enter the amount of reserves the organization is reqUIred to maintain by the States in which the organization is licensed to issue qualified health plans . . . . 13b C Enterthe amount of reserves on hand 13c 14a b . . . . . . . . . . . . Did the organization receive any payments for indoor tanning serVices during the tax year? . . . If"YeS," has it filed a Form 720 to report these payments?If "No,"prowde an explanat/on In Schedule 0 13a . . 14a . . 14b No Form 990(2015) Form 990(2015) m Pages Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lInes 8a, 8b, or 10b below, describe the Circumstances, processes, or Changes In Schedule 0. See Instruct/ans. Check ifSchedule 0 contains a response or note to any line in this PartVI . . . . . . . . . . . . . . I7 Section A. Governing Body and Management Yes 1a Enter the number of voting members ofthe governing body at the end ofthe tax year la 8 1b 7 No Ifthere are material differences in voting rights among members ofthe governing body, or ifthe governing body delegated broad authority to an executive committee or Similar committee, explain in Schedule 0 b Enterthe number of voting members included in line 1a, above, Who are independent 2 Did any officer, director, trustee, or key employee have a family relationship or a busmess relationship With any other officer, director, trustee, or key employee? . . . . . . . . . . . . . . . . . 3 Did the organization delegate control over management duties customarily performed by or under the direct superVISion of officers, directors or trustees, or key employees to a management company or other person? 4 2 N0 3 No Did the organization make any Significant changes to its governing documents Since the prior Form 990 was filed?........................... 4 N0 5 Did the organization become aware during the year ofa Significant diverSion ofthe organization's assets? 5 No 6 Did the organization have members or stockholders? 6 No 7a N0 7b No . . . . . . . . . . . . . . . . . 7a Did the organization have members, stockholders, or other persons who had the power to elect or appomt one or more members ofthe governing body? . . . . . . . . . . . . . . . . . . . . b Are any governance decISIonS of the organization reserved to (or subject to approval by) members, Stockholders, or persons other than the governing body? 8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the followmg aThegoverningbody?....................... b 9 Each committee With authority to act on behalf ofthe governing body? . . . . . . . . 8aYeS . . . . IS there any officer, director, trustee, or key employee listed in Part VII, Section A, Who cannot be reached at the organization's mailing address? If''Y,'esprowde the names and addresses In Schedule 0 . . . 8b YeS 9 N0 Section B. Policies (This Section B requests Information about po/ICIeS not reqUIred by the Internal Revenue Code.) Yes 10a b 11a b 12a Did the organization have local chapters, branches, or affiliates? . . . . . . . . . . . . 10a If"YeS," did the organization have written pOIICIes and procedures governing the actiVities ofsuch chapters, affiliates, and branches to ensure their operations are conSiStent With the organization's exempt purposes? No No 10b HaS the organization prOVIded a complete copy ofthis Form 990 to all members ofits governing body before filing theform?............................113Yes Describe in Schedule 0 the process, ifany, used by the organization to reVIeW thiS Form 990 Did the organization have a written conflict ofinterest policy? If "No," go to lIne 13 . . . . . . . 12a YeS b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give risetoconflictS?.......................... 12bYeS C Did the organization regularly and conSiStently monitor and enforce compliance With the policy? If "Yes," descrIbe InSchedu/eOhowthIs was done . . . . . . . . . . . . . . . . . . . 12C YeS 13 Did the organization have a written Whistleblower policy? 13 YeS 14 Did the organization have a written document retention and destruction policy? 14 YeS 15 Did the process for determining compensation ofthe followmg persons include a reVIeW and approval by independent persons, comparability data, and contemporaneous substantiation ofthe deliberation and decISIon? 15a YeS 15b YeS . . . . a The organization's CEO, Executive Director, ortop management official b Other officers or key employees ofthe organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If"YeS" to line 15a or 15b, describe the process in Schedule 0 (see instructions) 16a b Did the organization invest in, contribute assets to, or partiCIpate in a Jomt venture or Similar arrangement With a taxableentityduringtheyear? . . . . . . . . . . . . . . . . . . . . . . 16a If"YeS," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in Jomt venture arrangements under applicable federal tax laW, and take stepS to safeguard the organization's exempt Status With respect to such arrangements? . . . . . . . . . . . . 16b N0 Section C. Disclosure 17 List the States With Which a copy ofthis Form 990 is required to be filedb 18 Section 6104 requires an organization to make itS Form 1023 (or 1024 ifapplicable), 990, and 990-T (501(c) (3)S only) available for public inspection Indicate how you made these available Check all that apply 19 Describe in Schedule 0 whether (and ifso, how) the organization made itS governing documents, conflict of interest policy, and financial statements available to the public during the tax year 20 State the name, address, and telephone number ofthe person Who possesses the organization's books and records >JOHN BERGQUIST 190 S LASALLE STREET 1500 CHICAGO, IL 60603 (312) 346-5700 IL I-Own webSite I7Another's webSite I7 Upon request I-Other (explain in Schedule 0) Form 990(2015) Form 990 (2015) m Page 7 Compensation of Officers, DirectorS,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors Check ifSchedule 0 contains a response or note to any line in this Part VII -I7 . Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees la Complete this table for all persons reqUIred tO be liSted Report compensation for the calendar year ending With or Within the organization's tax year 0 LiSt all ofthe organization's current officers, directors, trustees (Whether indiViduals or organizations), regardless ofamount ofcompensation Enter -0- in columns (D), (E), and (F) if no compensation waS paid 0 List all ofthe organization's current key employees, ifany See instructions for definition Of "key employee" 0 List the organization's five current highest compensated employees (other than an officer, director, trustee or key employee) who received reportable compensation (Box 5 of Form W-2 and/or BOX 7 Of Form 1099-MISC) Of more than $100,000 from the organization and any related organizations 0 List all ofthe organization's former officers, key employees, or highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organizations 0 List all ofthe organization's former directors or trustees that received, in the capaCity as a former director or trustee ofthe organization, more than $10,000 Of reportable compensation from the organization and any related organizations LiSt persons in the followmg order indiVidual trustees or directors, institutional trustees, officers, key employees, highest compensated employees, and former such persons r Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee (A) Name and Title (B) Average hours per week (liSt any hours forrelated organizations below dotted line) (C) (D) (E) (F) POSition (do nOt check more than one box, unless person is both an officer and a director/trustee) 2 5. ,4 7r ,5; Z" - g =1 - '3' ..r.;. '.-.' 9 F S r) to L) 3 3 - E a -r,-, .t.1 I'D u. c 3 ;- m 1 , c 2 7., m, .. Reportable compensation from the organization (W- 2/1099MISC) Reportable compensation from related organizations (W-2/1099MISC) Estimated amount of other compensation from the organization and related organizations 3 a '2 -;- III C * 3$1. a=1 'I' '3ID Ta E". 3 IX if 3 I!) l.' (1) JOHN TILLMAN 25 00 ............................................................................... CEO, BOARD DIRECTOR (2) STEVE BROWN (9) KRISTINA RASMUSSEN 25 00 ....................................................................................... 0 0 X 0 0 X 0 0 X 0 0 X 0 0 X 0 0 x 211,182 32,647 x 138,730 34,503 x 97,681 5,817 x 101,943 2,042 x 116,775 6,870 x 103,250 9,103 16 00 (10) THADDEUS DABROWSKI 34 00 ....................................................................................... VICE PRESIDENT-POLICY X 1 00 ............................................................................... BOARD DIRECTOR EXECUTIVE VICE PRESIDENT 0 1 00 ............................................................................... BOARD DIRECTOR (8) ART MARGULIS 0 1 00 ............................................................................... BOARD DIRECTOR (7) CRAIG MANSKE X 1 00 ............................................................................... BOARD DIRECTOR (6) ED BACHRACH 38,131 1 00 ............................................................................... BOARD DIRECTOR (5) MARK MILLER 264,500 1 00 ............................................................................... BOARD DIRECTOR (4) RICHARD T WEISS X 1 00 ............................................................................... TREASURER AND SECRETARY (3) BETH CHRISTIE X 16 50 6 00 (11) RYAN GREEN 30 00 ....................................................................................... VICE PRESIDENT-MARKETING 11 00 (12) MICHAEL LUCCI 29 00 SENIOR VICE PRESIDENT 30 00 (14) DIANA RICKERT 30 00 Form 990(2015) Form 990 (2015) m Page8 Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (contInued) (A) (B) Name and Title Average hours per week (liSt any hours (C) (D) (E) (F) POSition (do not check more than one box, unless person is both an officer and a Reportable compensation from the organization Reportable compensation from related organizations Estimated amount Of other compensation director/trustee) (W- 2/1099- (W- 2/1099- from the MISC) MISC) organization for related organizations 2 3 - 8 .7, g E 2" below L1 -.-1 =1 = .L 7.419- 1.1 and related dotted line) (5 13' . L. '5 C if. - S 3'??;. u ? .. organizations * J c g .. n 3 1.4T .. C E; 1'2.- E- Q .; 5 J3 5 if .1;- =i c E; . .E .1. .7 7.1 1' a is u (15) EMILY ROSE 34 00 ............................................................................................... VICE PRESIDENT-EXTERNAL RELATIONS 7 00 1b Sub-Total . . . . . . . . X 0 93,709 3,470 P c Total from continuation sheets to Part VII, Section A P d Total (add lines 1b and 1c) P 0 1,127,770 2 TOtal number of indiViduals (including but not limited to those listed above) Who received more than $100,000 Of reportable compensation from the organization b 0 3 Did the organization list any former Officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedu/leorsuch IndIVIdual . . . . . . . . . . . . . . 132,583 Yes No 3 No 4 For any indiVidual listed on line 1a, is the sum Of reportable compensation and Other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule] forsuch lnleldLla/...........................4Yes 5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or indiVidual for serVices rendered to the organization?If "Yes," complete Schedu/leorsuch person . . . . . . . . 5 No Section B. Independent Contractors 1 Complete thiS table for your five highest compensated independent contractors that received more than $100,000 Of compensation from the organization Report compensation for the calendar year ending With or Within the organization's tax year MORGAN MEREDITH 81 ASSOCIATES (A) (B) (C) Name and busmess address Description Of serVices Compensation MARKETING 145,750 22780 INDIAN CREEK DR STE 100 DULLES, VA 20166 2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 ofcompensation from the organization b 1 Form 990(2015) Form 990 (2015) m Page9 Statement of Revenue ICheck ifSchedule 0 contains a response or note to any line in this Part VIII 1a Federated campaigns . . (A) (B) (C) (D) Total revenue Related or exempt function revenue Unrelated busmess revenue Revenue excluded from tax under sections 512-514 1a 9 2! g g b Membership dues (D E v3 <1 c Fundraismg events . 95 '5 d Related organizations 1d w. E e Government grants(contributions) 1e 5 f '5 - 0) f All other contributions, gifts, grants, and Similar amounts not included above 1f .'= "' .5 C) 9 Noncash 1a-1f $ contributions included in lines C 6 D = h Total.Add lines 1a-1f I- 1b D . . . 1C (3 = 5,818,605 z .= 659,740 5,818,605 0 to > m E BusmeSS Code 2a ; (If h 3 c g d E to 5 e f All other program serVice revenue g Total. Add lines 2a-2f 0 E b 3 Investment income (including diVidendS, interest, and Other Similar amounts) . 4 Income from investment of tax-exempt bond proceeds 13 . . Royalties P (l) Real 6a [3 13 b (ii) Personal GrOSS rents Less rental expenses (3 Rental income or(loss) d Net rental income or(lOSS) p (l) Securities 73 [3 0 3 Gross amount from sales of assets other than inventory Gain or(loss) d Net gain or(loss) 83 5 21,707 Less cost or Other baSIS and sales expenses (3 (ii) Other 21,533 174 .p 174 174 GrOSS income from fundraismg events (not including $1 ; E ofcontributions reported on line 1c) See PartIV,line 18 a a at 6 b Less direct expenses c Net income or (loss) from fundraismg events 9a . . . b . . p GrOSS income from gaming actiVities See Part IV, line 19 a b Less direct expenses C Netincome or(IOSS)from gaming actiVities . . . b . D 103 GrOSS sales Ofinventory, less returns and allowances a b Less cost ofgoodS SOld . . c Net income or (loss) from sales Ofinventory Miscellaneous Revenue 113 MISCELLANEOUS b . . y BUSiness Code 900099 750 750 b d All other revenue e Total.Add lines 11a-11d b 750 12 Total revenue. See Instructions p 5,819,542 174 0 763 Form 990(2015) Form 990 (2015) m Statement of Functional Expenses Page 10 Section 501(c)(3) and 501(c)(4) organizations mUSt complete all columns All Other organizations must complete column (A) Check ifSchedule 0 contains a response or note to any line in this Part IX I- Do not include amounts reported on lines 6b, 7b' 8b! 9b! and 1013 Of Part VIII' 1 Grants and Other aSSiStance to domestic organizations and domestic governments See Part IV, line 21 2 (A) Prograglemce Managefg)ent and Engaging Total expenses expenses general expenses expenses 178,500 178,500 2,175,854 1,797,146 108,891 269,817 207,437 165,966 12,187 29,284 164,610 137,758 7,923 18,929 27,059 19,074 2,000 Grants and Other aSSiStance to domestic indiViduals See Part IV, line 22 3 Grants and Other aSSiStance to foreign organizations, foreign governments, and foreign indiViduals See Part IV, lines 15 and 16 5 Compensation Ofcurrent Officers, directors, trustees, and key employees 6 Compensation not included above, to disqualified persons (aS defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) Benefits paid to or for members Other salaries and wages PenSIon plan accruals and contributions (include section 401(k) and 403(b) employer contributions) 9 Other employee benefits 10 Payroll taxes 11 Fees for serVices (non-employees) a Management b Legal 48,133 C Accounting 15,672 d Lobbying e ProfeSSional fundraismg serVices See Part IV, line 17 f Investment management fees 9 Other (Ifline 119 amount exceeds 10% ofline 25, column (A) amount, liSt line 1 lg expenses on Schedule 0) 12 15,672 438,396 348,343 7,941 82,112 100,105 62,492 21,473 16,140 Advertismg and promotion 13 Office expenses 14 Information technology 15 Royalties 16 0 cc upancy 384,990 320,047 19,686 45,257 17 Travel 106,260 80,226 1,854 24,180 18 Payments Oftravel or entertainment expenses for any federal, State, or local public offICIals 42,871 42,343 19 Conferences, conventions, and meetings 20 Interest 21 Payments to affiliates 22 DepreCIation, depletion, and amortization 23 Insurance 24 Other expenses Itemize expenses not covered above (List miscellaneous expenses in line 24e Ifline 24e amount exceeds 10% ofline 25, column (A) amount, list line 24e expenses on Schedule 0 ) a 528 4,883 4,883 13,426 13,426 MARKETING 495,449 333,560 161,889 b SOCIAL MEDIA 170,253 170,253 c WEBSITE 133,798 133,773 25 d OUTREACH 87,861 83,182 4,679 e All Other expenses 25 Total functional expenses. Add lineS 1 through 24e 26 Joint costs.Complete this line only ifthe organization reported in column (B) JOint costs from a combined educational campaign and fundraismg SOIiCitation Check here > [TiffOIIOWing SOP 98-2 (ASC 958-720) 203,406 171,666 3,523 28,217 4,971,904 4,052,314 236,533 683,057 Form 990(2015) Form 990 (2015) m Balance Sheet Page 11 -F Check ifSchedule 0 contains a response or note to any line in this Part X (A) (B) Beginning ofyear 1 Cash-non-intereSt-bearing 2 SaVIngS and temporary cash investments End of year 428,921 1 3 Pledges and grants receivable, net 3 4 Accounts receivable, net 4 5 722,192 2 Loans and Other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees Complete Part II Of Schedule L . . . . . 5 6 V) Loans and Other receivables from Other disqualified persons (aS defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations ofsection 501(c)(9) voluntary employees' benefICIary organizations (see instructions) Complete Part II OfSchedule L E m 6 2 103 b Notes and loans receivable, net 7 Inventories for sale or use 8 Prepaid expenses and deferred charges 9 Land, bUIldingS, and eqUIpment cost or other baSIS Complete Part VI ofSchedule D 103 37'640 Less accumulated depreCIation 10b 30,936 . . . . . 11,587 10c 11 Investments-publicly traded securities 11 12 Investments-other securities See Part IV, line 1 1 12 13 13 InvestmentS-program-related See Part IV, line 1 1 14 Intangible assets 15 Other assets 16 Total assets.Add lines 1 through 15 (must equal line 34) 17 Accounts payable and accrued expenses 17 18 6,704 14 See Part IV, line 11 23,440 15 582,690 463,948 16 1,311,586 18 Grants payable 19 Deferred revenue 19 20 Tax-exempt bond liabilities 20 21 EscrOW or custodial account liability Complete Part IV OfSchedUle D 21 22 Loans and Other payables to current and former officers, directors, trustees, (7* .01 .21 5 CC 3 key employees, highest compensated employees, and disqualified persons Complete Part II ofSchedule L 22 Secured mortgages and notes payable to unrelated third parties 23 24 Unsecured notes and loans payable to unrelated third parties 24 25 Other liabilities (including federal income tax, payables to related third parties, and Other liabilities nOt included on lines 17-24) Complete Part X OfSchedule D 26 Total liabilities.A dd lineS 17 through 25 23 25 Organizations that follow SFAS 117 (ASC 958), Check here > 3 0 26 0 462,448 27 1,048,870 1,500 28 262,716 [7 and complete lines 27 through 29, and lines 33 and 34. 8 E r; m 27 Unrestricted net assets 28 Temporarily restricted net assets E 29 Permanently restricted net assets "- Organizations that do not follow SFAS 117 (ASC 958), Check here > 5 complete lines 30 through 34. 29 [- and 73 30 Capital stock ortrust prinCIpal,or current funds 30 $ 31 Paid-in or capitalsurplus,orland,bUIlding or eqUIpment fund 31 f 32 Retained earnings,endowment,accumulated income,or Otherfunds 5 33 Total net assets orfund balances 463,948 33 34 Total liabilities and net assets/fund balances 463,948 34 32 1,311,586 1,311,586 Form 990(2015) Form 990 (2015) m Reconcilliation of Net Assets Page 12 - IT Check ifSchedule 0 contains a response or note to any line in this Part XI 1 TOtal revenue (must equal Part VIII, column (A), line 12) 2 TOtal expenses (must equal Part IX, column (A), line 25) 3 Revenue leSS expenses Subtract line 2 from line 1 4 Net assets orfund balances at beginning ofyear (mUSt equal Part X, line 33, column (A)) 5 Net unrealized gains (losses) on investments 6 Donated serVices and use OffaCIlities 1 5,819,542 2 4,971,904 3 847,638 4 463,948 5 6 7 Investment expenses 8 Prior period adjustments 9 Other changes in net assets orfund balances (explain in Schedule 0) 10 Net assets orfund balances at end ofyear Combine lines 3 through 9 (must equal Part X, line 33, column (B)) 7 8 9 0 10 1,311,586 m Financial Statements and Reporting Check ifSchedule 0 contains a response or note to any line in thiS Part XII I7 Yes 1 No MODIFIED Accounting method used to prepare the Form 990 I-Cash I-Accrual IVOther CASH Ifthe organization changed itS method ofaccounting from a prior year or checked "Other," explain in Schedule 0 2a Were the organization's finanCIal Statements compiled or reVIewed by an independent accountant? 2a No Ilees,'check a box below to indicate whether the finanCIal Statements for the year were compiled or reViewed on a separate baSIS, consolidated bass or both I-Separate baSiS b I-Consolidated baSIs I- Both consolidated and separate baSiS Were the organization's finanCIal Statements audited by an independent accountant? 2b YeS Ilees,'check a box below to indicate whether the finanCIal Statements forthe year were audited on a separate baSiS, consolidated baSiS, or both I-Separate baSiS C I-Consolidated baSIs I7 Both consolidated and separate baSiS If"YeS," tO line 2a or 2b, does the organization have a committee that assumes responSIbility for overSIght Ofthe audit, reView, or compilation Ofits finanCIal Statements and selection ofan independent accountant? 2C N0 3a N0 Ifthe organization changed either itS overSIght process or selection process during the tax year, explain in Schedule 0 3a As a result Ofa federal award, waS the organization reqUired to undergo an audit or audits as set forth in the Single AUditActand OMB CircularA-133? b If"YeS," did the organization undergo the reqUired audit or audits? Ifthe organization did not undergo the reqUired audit or audits, explain why in Schedule 0 and describe any steps taken to undergo such audits 3b Form 990(2015) Iefile GRAPHIC print - DO NOT PROCESS lAs i=iied Data - l DLN=93493319111016I OMB No 1545-0047 SCHEDULE A (Form 990 or 990EZ) Depa rtment Of the Treasury Internal Revenue Sewice Public Charity Status and Public Support Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt Charitable trust. P Attach to Form 990 or Form 990-EZ. D Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov (form990. Name of the organization Open to Public Inspection Employer identification number ILLINOIS POLICY INSTITUTE 4 1-2057028 m Reason for Public Charity Status (All organizations must complete this part.) See instructions. The organization is nOt a private foundation because it is 10 A school described in section 170(b)(1)(A)(ii).(Attach Schedule E (Form 990 or 990-EZ)) A hospital or a cooperative hOSpital serVice organization described in section 170(b)(1)(A)(iii). A medical research organization operated in conjunction With a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, City, and State An organization Operated for the benefit Ofa college or univerSity owned or Operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II ) A federal, State, or local government or governmental unit described in section 170(b)(1)(A)(v). An organization that normally receives a substantial part OfitS support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II ) A community trUSt described in section 170(b)(1)(A)(vi) (Complete Part II) An organization that normally receives (1) more than 331/3% of itS support from contributions, membership fees, and gross receipts from actiVities related to its exempt functions-subject tO certain exceptions, and (2) no more than 331/3% Of its support from gross investment income and unrelated bUSiness taxable income (leSS section 511 tax) from bUSinesses achIred by the organization afterJune 30, 1975 Seesection 509(a)(2). (Complete Part III) An organization organized and Operated excluswely to teSt for public safety See section 509(a)(4). An organization organized and Operated excluswely for the benefit of, to perform the functions Of, or to carry out the purposes Of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2) See section 509(a)(3). Check the box in lines 11a through 11d that describes the type Ofsupporting organization and complete lines 11e, 11f, and 119 Type I. A supporting organization Operated, superVIsed, or controlled by itS supported or9anization(s), typically by giVing the supported or9anization(s) the power tO regularly appOint or elect a majority ofthe directors or trustees ofthe supporting organization You must complete Part IV, Sections A and B. Type II. A supporting organization superVIsed or controlled in connection With itS supported or9anization(s), by haVin9 control or management ofthe supporting organization vested in the same persons that control or manage the supported or9anization(s) You must complete Part IV, Sections A and C. Type III functionally integrated. A supporting organization operated in connection With, and functionally integrated With, itS supported or9anization(s) (see instructions) You must complete Part IV, Sections A, D, and E. Type III non-functionally integrated. A supporting organization Operated in connection With itS supported or9anization(s) that is not functionally integrated The organization generally must satisfy a distribution reqUirement and an attentiveness reqUirement (see instructions) You must complete Part IV, Sections A and D, and Part V. Check this box ifthe organization received a written determination from the IRS that it is a Type 1, Type II, Type III functionally integrated, or Type III non- functionally integrated supporting organization Enter the number Ofsupported organizations . . . Tl'7 Tl Tl 11 T17 1E 2r 3r 4r 5r 6r 7i? 8r 9r (For lines 1 through 11, check only one box) A church, convention Ofchurches, or aSSOCIation OfchurcheS described in section 170(b)(1)(A)(i). e F f g PrOVide the followmg information about the supported or9anizatiOn(S) (i) Name Ofsupported organization (ii)EIN (iii) Type of (iv) Is the organization organization listed in your governing (described on lines 1- 9 above (see instructions)) document? Yes (V) (vi) Amount of monetary support (see instructions) Amount of Other support (see instructions) No Total For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ. Cat No 11285F Schedule A (Form 990 or 990-EZ) 2015 Schedule A (Form 990 or 990-EZ) 2015 Page 2 m Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.) Section A. Public Support Calendar year (or fiscal year beginning in) P GiftS, grants, contributions, and 1 membership fees received (Do not include any unusual grants) Tax revenues leVIed for the organization's benefit and either paid tO or expended on its behalf The value OfserVIceS orfaCIlitieS furnished by a governmental unit tO the organization Without charge Total. Add lines 1 through 3 The portion OftOtal contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% ofthe (a)2011 (b)2012 (c)2013 (d)2014 (e)2015 (f)Total 2,855,925 3,685,228 3,416,717 3,528,656 5,818,605 19,305,131 2,855,925 3,685,228 3,416,717 3,528,656 5,818,605 19,305,131 8,608,466 amount Shown on line 1 1, column (0 6 Public support. Subtract line 5 from line 4 10,696,665 Section B. Total Support Calendar year (or fiscal year beginning in) P 7 Amounts from line 4 GrOSS income from interest, 8 diVidendS, payments received on (a)2011 (b)2012 (c)2013 (d)2014 (e)2015 (f)Total 2,855,925 3,685,228 3,416,717 3,528,656 5,818,605 19,305,131 1,996 6,089 5,506 -431 187 13,347 1,625 1,983 6,850 750 11,439 securities loans, rents, royalties and income from Similar sources Net income from unrelated busmess actiVities, whether or 12 not the bUSiness is regularly carried on Other income Do not include gain or loss from the sale Of 231 capital assets (Explain in Part VI ) Total support.Add lines 7 through 10 GrOSS receipts from related actiVities, etc (see instructions) 13 First five years.Ifthe Form 990 iS for the organization's firSt, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, 10 11 19,329,917 25,797 12 .PI- check this box and stop here Section C. Computation Of Publi C Support Percentage 14 Public support percentage for 2015 (line 6, column (f) diVided by line 11, column (f)) 14 55 340 % 15 Public support percentage for 2014 Schedule A, Part II, line 14 15 57 240 % 16a 33 1/3% support test-2015.Ifthe organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and stop here. The organization qualifies as a publicly supported organization PIV 33 1/3% support test-2014.1fthe organization did not check a box on line 13 or 16a, and line 15 is 331/3% or more, check this PI- box and stop here. The organization qualifies aS a publicly supported organization 17a 10%-facts-and-Circumstances test-2015.Ifthe organization did nOt check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and ifthe organization meets the facts-and-CIrcumstances teSt, check this box and stop here. Explain in Part VI how the organization meets the "factS-and-CIrcumstances" test The organization qualifies as a publicly supported organization PI- 10%-facts-and-Circumstances test-2014.Ifthe organization did nOt check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and ifthe organization meets the "factS-and-CIrcumStanceS" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-CIrcumStanceS" teSt The organization qualifies as a publicly supported organization 18 PI- Private foundation.Ifthe organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see ll'lStl'UCthnS PISchedule A (Form 990 or 990-EZ) 2015 ScheduleA (Form 990 or990-EZ)2015 Page3 m Support Schedule for Organizations Described in Section 509(a)(2) (Complete only if you checked the box on line 9 Of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.) Section A. Public Support Calendar year (or fiscal year beginning in) P 1 (a)2011 (b)2012 (c)2013 (d)2014 (e)2015 (f)TOtal (a)2011 (b)2012 (c)2013 (d)2014 (e)2015 (f)Total GiftS, grants, contributions, and membership fees received (Do not include any "unusual 9rantS ") GrOSS receipts from admiSSions, merchandise SOld or serVices performed, or faCIlities furnished in any actiVity that is related to the organization's tax-exempt purpose GrOSS receipts from actiVities that are not an unrelated trade or busmess under section 513 2 3 4 Tax revenues leVIed for the 6 organization's benefit and either paid tO or expended on its behalf The value OfserVIceS orfaCIlitieS furnished by a governmental unit tO the organization Without charge Total. Add lines 1 through 5 7a Amounts included on lineS 1, 2, 5 b and 3 received from disqualified persons Amounts included on lineS 2 and 3 received from other than disqualified persons that exceed the greater of$5,000 or 1% Of the amount on line 13 for the year C Add lines 7a and 7b 8 Public support. (Subtract line 7c from line 6 ) Section B. Total Support year (orfiscalCalendar year beginning in), 9 10a Amounts from line 6 Gross income from interest, diVidends, payments received on securities loans, rents, royalties and income from Similar sources Unrelated busmess taxable income (less section 511 taxes) from bUSinesseS acqurred after b June 30,1975 c 11 Add lines 10a and 10b Net income from unrelated bUSiness actiVities not included in line 10b, whether or not the bUSiness iS regularly carried on 12 Otherincome Do nOt include gain or loss from the sale Of capital assets (Explain in Part VI) Total support. (Add lines 9, 10c, 11, and 12 ) First five years.Ifthe Form 990 is for the organization's first, second, third, fourth, or fifth tax year aS a section 501(c)(3) organization, 13 14 check this box and stop here D r Section C. Computation Of Public Support Percentage 15 Public support percentage for 2015 (line 8, column (f) diVided by line 13, column (f)) 15 16 Public support percentage from 2014 Schedule A, Part III, line 15 15 Section D. Computation of Investment Income Percentage 17 Investment income percentage for 2015 (line 10c, column (f) diVided by line 13, column (f)) 17 18 Investment income percentage from 2014 Schedule A, Part III, line 17 13 19a 33 1/3% support tests-2015.Ifthe organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check thiS box and stop here. The organization qualifies aS a publicly supported organization P Ib 33 1/3% support tests-2014.Ifthe organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 iS not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization 20 Private foundation.Ifthe organization did nOt check a box on line 14, 19a, or 19b, check this box and see instructions P IP I- Schedule A (Form 990 or 990-EZ) 2015 Schedule A (Form 990 or 990-EZ) 2015 Page4 m Supporting Organizations (Complete only Ifyou checked a box on line 11 ofPartI Ifyou checked 11a ofPart I, complete Sections A and B Ifyou checked 11b ofPart I, complete Sections A and C Ifyou checked 11c ofPart I, complete Sections A, D, and E Ifyou checked 11d ofPart I, complete Sections A and D, and complete Part V) Section A. All Supporting Organizations Yes No Are all ofthe organIzatIon's supported organIzatIons lIsted by name In the organIzatIon's governIng documents? If "No," descrIbe In Part VI how the supported organizations are deSIgnated If de5Ignated by class or purpose, describe the deSIgnatIon If hIs torIc and cont/numg IelatIonshIp, explaIn DId the organIzation have any supported organIzatIon that does not have an IRS determination ofstatus under sectIon 509(a)(l) or (2)? If "Yes," exp/am In Part VI how the OlganIzatIon deteImIned that the supported OlganIzatIon was descrIbed In sectIon 509(a)(1) OI (2) 3a DId the organization have a supported organization described In section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below 3a DId the organization coanrm that each supported organIzatIon qualIerd under section 501(c)(4), (5), or (6) and satIsted the public support tests under section 509(a)(2)? If "Yes," descrIbe In Part VI when and how the organIzatIon made the determInatIon 3b DId the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) 3c purposes? If "Yes," exp/am In Part VI what controls the organIzatIon put In place to ensure such use 4a 5a Was any supported organization not organized In the United States ("foreIgn supported organizatIon")? If "Yes "and If you checked 11a or 11b In Part I, answer (b) and (c) below 4a DId the organIzation have ultimate control and dIscretion In decIdIng whether to make grants to the foreIgn supported organIzatIon? If "Yes," descrIbe In Part VI how the OlganIzatIon had such control and dIs cIetIon despIte beIng cont/olled or superVIsed by OI In connect/on WIth Its suppOIted organIzatIons 4b DId the organIzation support any foreign supported organIzatIon that does not have an IRS determinatIon under sectIons 501(c)(3) and 509(a)(1) or (2)? If "Yes," exp/am In Part VI what controls the organIzatIon us ed to ensure that all support to the foreIgn supported organIzatIon was used exclu5Ively for sect/on 170(c)(2)(B) purposes 4c DId the organIzation add, substItute, or remove any supported organIzatIons durIng the tax year? If "Yes," ans wer (b) and (c) below (If applIcable) Also, prowde detaIl In Part VI, IncludIng (I) the names and EIN numbers of the suppOIted organIzatIons added, subs tItuted, or removed, (II) the reasons for each such actIon, (III) the authorIty under the organIzatIon's organ/2mg document authorIZIng such actIon, and (Iv) how the act/on was accomplIshed (such as by amendment to the organ/2mg document) 5a Type I or Type II only. Was any added or substituted supported organIzatIon part ofa class already deSIgnated In the organIzatIon's organizmg document? 5b Substitutions only. Was the substitution the result ofan event beyond the organIzatIon's control? 5c DId the organIzation prOVIde support (whether In the form ofgrants or the prOVIsIon ofserVIces orfacIlItIes) to anyone other than (a) Its supported organIzatIons, (b) IndIVIduals that are part ofthe charitable class benefIted by one or more of Its supported organIzatIons, or (c) other supportIng organizations that also support or benefIt one or more ofthe fIlIng organization's supported organizations? If "Yes,"prowde detaIl In Part VI. DId the organIzation prOVIde a grant, loan, compensatIon, or other SImIlar payment to a substantial contributor (defined In IRC 4958(c)(3)(C)), a famIly member ofa substantial contributor, or a 35-percent controlled entIty WIth regard to a substantIal contrIbutor? If "Yes,"complete PartI of Schedule L (Form 990) DId the organIzation make a loan to a dIsqualIerd person (as defined In section 4958) not described In lIne 7? If "Yes," complete Part II of Schedule L (Form 990) 9a Was the organizatIon controlled dIrectly or Indirectly at any time durIng the tax year by one or more dIsqualIerd persons as defIned In sectIon 4946 (otherthan foundatIon managers and organizations descrIbed In sectIon 509 (a)(1) or (2))? If "Yes,"prowde detaIl In Part VI. 9a DId one or more dIsqualIerd persons (as defined In lIne 9(a)) hold a controllIng Interest In any entity In thch the supportIng organization had an Interest? If "Yes,"pIOVIde detaIl In Part VI. 9b DId a dIsqualIerd person (as defined In lIne 9(a)) have an ownership Interest In, or derive any personal benefIt from, assets In thch the supportIng organization also had an Interest? If "Yes,"pIOVIde detaIl In Part VI. 9c 10a Was the organizatIon subject to the excess business holdings rules ofIRC 4943 because ofIRC 4943(f) (regarding certaIn Type II supporting organIzatIons, and all Type III non-functIonally Integrated supporting organizations)? If "Yes,"answel b below 10a DId the organIzation have any excess busmess holdings In the tax year? (Use Schedule C, Form 4720, to determIne whether the organIzatIon had excess busmess holdIngs) 10b 11 Has the organizatIon accepted a gift or contrIbutIon from any ofthe followmg persons? A person who directly or IndIrectly controls, either alone or together WIth persons described In (b) and (c) below, the governing body ofa supported organIzatIon? 11a A family member ofa person descrIbed In (a) above? 11b c A 35% controlled entIty ofa person described In (a) or (b) above?If "Yes "to a, b, or c, prowde detaIl In Part VI 11c Schedule A (Form 990 or 990-EZ) 2015 ScheduleA (Form 990 or990-EZ)2015 m Page5 Supporting Organizations (contInued) Section B. Type I Supporting Organizations 1 2 DId the directors, trustees, or membership ofone or more supported organIzatIons have the power to regularly app0Int or elect at least a majority ofthe organization's directors or trustees at all tImes during the tax year? If "No,"descrIbe In Part VI how the supported organIzatIon(s) effectIvely ope/ated, superVIsed, or controlled the organIzatIons actIVItIes If the 0IganIzatIon had more than one supported 0IganIzatIon, descrIbe how the powers to appOInt and/or Iemove dIrectors or trustees weIe allocated among the supported organIzatIons and what condItIons or res trIctIons, If any, applIed to such powers durIng the tax year 1 DId the organIzation operate for the benefIt ofany supported organIzatIon other than the supported organIzatIon(s) that operated, superVIsed, or controlled the supportIng organization? If "Yes," exp/am In Part VI how pIOVIdIng such benefIt carrIed out the purposes of the supported 0IganIzatIon(s) that operated, superVIs ed or controlled the supportIng organIzatIon 2 Yes No Yes No Yes No Section C. Type II Supporting Organizations 1 Were a majorIty ofthe organIzatIon's dIrectors or trustees durIng the tax year also a majorIty ofthe directors or trustees ofeach ofthe organization's supported organIzatIon(s)? If "No,"descrIbe In Part VI how contIol or management of the supportIng organIzatIon was vested In the same persons that controlled or managed the supported organIzatIon(s) 1 Section D. All Type III Supporting Organizations 1 DId the organIzation prOVIde to each ofits supported organIzatIons, by the last day ofthe fIfth month ofthe organization's tax year, (1) a ertten notIce describing the type and amount ofsupport prOVIded durIng the prIor tax year, (2) a copy ofthe Form 990 that was most recently filed as ofthe date of notIfIcatIon, and (3) copies of the organIzatIon's governIng documents In effect on the date of notIfIcatIon, to the extent not preVIously prOVIded? 2 Were any ofthe organIzatIon's offIcers, directors, or trustees either (I) appomted or elected by the supported organIzatIon(s) or (II) serVIng on the governIng body ofa supported organIzatIon? If "No," explaIn In Part VI how the organIzatIon maIntaIned a close and contInuous workIng relatIonshIp WIth the suppOI ted organIzatIon(s) 3 By reason ofthe relatIonshIp descrIbed In (2), did the organIzatIon's supported organIzatIons have a SIgnIficant veice In the organIzatIon's Investment polIcIes and In dIrectIng the use of the organIzatIon's Income or assets at all times during the tax year? If "Yes," descrIbe In Part VI the role the organIzatIon's supported OlganIzatIons played In thIs regaId 1 2 3 Section E. Type III Functionally-Integrated Supporting Organizations 1 a 2 3 Check the box next to the method that the organIzation used to satisfy the Integral Part Test durIng the year (see instructions) IThe organIzatIon satIsfied the ActIVItIes Test Complete line 2 below b I- The organIzatIon Is the parent ofeach of Its supported organIzatIons Complete line 3 below c I- The organIzatIon supported a governmental entIty DescrIbe In Part VI how you supported a government entity (see Instructions) ACtIVItIes Test Answer (a) and (b) below. Yes a DId substantIally all ofthe organIzatIon's actIVItIes durIng the tax year directly further the exempt purposes of the supported organIzatIon(s) to thch the organIzatIon was responsive? If "Yes," then In Part VI identify those supported organizations and explain how these actIVItIes dIrect/y furtheIed theIr exempt pUIposes, how the OlganIzatIon was responSIve to those supported organIzatIons, and how the organIzatIon determIned that these actIVItIes cons tItuted subs tantIa/ly all of Its actIVItIes 28 b DId the actIVItIes descrIbed In (a) constItute actIVItIes that, but for the organIzatIon's Involvement, one or more of the organIzatIon's supported organIzatIon(s) would have been engaged In? If "Yes," exp/am In Part VI the reasons for the organIzatIons pOSItIon that Its supported OlganIzatIon(s) would have engaged In these actIVItIes but for the organIzatIon's Involvement 2b Parent ofSupported OrganIzatIons N0 Answer (a) and (b) beIOW. a DId the organIzation have the power to regularly app0Int or elect a majority ofthe officers, dIrectors, or trustees of each ofthe supported organIzatIons? Prowde detaIls In Part VI 3a b DId the organIzation exerCIse a substantial degree oderectIon over the DOIICIeS, programs and actIVItIes of each of Its supported organizations? If "Yes," descrIbe In Part VI the role played by the organIzatIon In thIs regard 3b Schedule A (Form 990 or 990-EZ) 2015 ScheduleA (Form 990 or990-EZ)2015 E 1 Pages Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations Check here Ifthe organization satisted the Integral Part Test as a qualIfyIng trust on Nov 20, 1970 See instructions. All other Type III non-functionally Integrated supportIng organIzatIons must complete Sections A through E Section A - Adjusted Net Income 1 Net short-term capital gain 1 2 RecoverIes of prIor-yeardIstrIbutIons 2 3 Other gross Income (see InstructIons) 3 4 Add lines 1 through 3 4 5 DepreCIatIon and depletion 5 6 Portion ofoperatIng expenses paId or Incurred for production or collection of gross Income or for management, conservation, or maintenance of property held for production of Income (see Instructions) 6 r (A) PrlorYear (Bacosgjrggear (A) PrlorYear (B)(i;rlrj;;l)year Other expenses (see InstructIons) Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) Section B - Minimum Asset Amount 1 Aggregate faIr market value ofall non-exempt-use assets (see InstructIons for short tax year or assets held for part ofyear) 1 a Average monthly value ofsecurItIes 1a b Average monthly cash balances 1b c Fair market value ofother non-exempt-use assets 1c d Total (addlInes 1a,1b,and 1c) 1d e Discount claimed for blockage or other factors (explaIn In detail In Part VI) AchISItion Indebtedness applicable to non-exempt use assets 2 Subtract lIne 2 from lIne 1d 4 Cash deemed held for exempt use Enter 1-1/2% oflIne 3 (for greater amount, see Instructions) 5 Net value ofnon-exempt-use assets (subtractlIne4 from line 3) 5 6 MultIply lIne 5 by 035 6 7 RecoverIes of prIor-yeardIstrIbutIons 7 8 Minimum Asset Amount (add lIne 7 to line 6) 8 4 Section C - Distributable Amount CurrentYear 1 Adjusted netIncome for prIoryear(from SectIon A,line 8,Column A) 1 2 Enter 85% oflIne 1 2 3 Minimum assetamount for prioryear(from SectIon B,lIne 8,Column A) 3 4 Enter greaterofline2 orline3 4 5 Income tax Imposed In prior year 5 5 Distributable Amount. Subtract lIne 5 from line 4, unless subject to emergency temporary reduction (see Instructions) 7 6 Check here Ifthe current year Is the organIzatIon's first as a non-functionally-Integrated Type III supporting organIzatIon (see InstructIons) ISchedule A (Form 990 or 990-EZ) 2015 Schedule A (Form 990 or 990-EZ) 2015 E Page 7 Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued) Section D - Distributions Current Year 1 Amounts paid to supported organizations to accomplIsh exempt purposes 2 Amounts paid to perform actIVIty that dIrectly furthers exempt purposes ofsupported organIzatIons, In excess ofincome from actIVIty 3 AdmInIstrative expenses paid to accomplish exempt purposes ofsupported organizations 4 Amounts paid to achIre exempt-use assets 5 QualIerd set-aSIde amounts (priorIRS approval reqUired) 6 Other dIstrIbutIons (descrIbe In Part VI) See Instructions 7 Total annual distributions. Add lines 1 through 6 8 DIstrIbutIons to attentIve supported organIzatIons to thch the organizatIon IS responSIve (prOVIde detaIls In Part VI) See Instructions 9 Distributable amount for 2015 from SectIon C, lIne 6 10 Line 8 amount diVided by LIne 9 amount Section E - Distribution Allocations (see instructions) 1 (i) Excess Distributions (ii) Underdistributions Pre-2015 (iii) Distributable A mount for 2015 DIstrIbutable amount for 2015 from Section C, line 6 2 Underdistributions, Ifany, for years priorto 2015 (reasonable cause requIred--see Instructions) 3 Excess dIstrIbutIons carryover, Ifany, to 2015 b C d From 2013. e From 2014. f Total of lines 3a through e 9 Applied to underdIstrIbutIons of prIor years h Applied to 2015 distributable amount i Carryoverfrom 2010 not applIed (see InstructIons) j Remainder Subtract lInes 39, 3h, and 3I from 3f 4 Distributions for 2015 from SectIon D, lIne 7 $ a ApplIed to underdIstrIbutIons of prIor years b ApplIed to 2015 distributable amount c Remainder Subtract lInes 4a and 4b from 4 5 Remaining underdIstrIbutIons for years prIorto 2015, Ifany Subtract lInes 3g and 4a from line 2 (Ifamount greater than zero, see Instructions) 6 Remaining underdIstrIbutIons for 2015 Subtract lines 3h and 4b from lIne 1 (Ifamount greater than zero, see Instructions) 7 Excess distributions carryover to 2016. Add lInes 3j and 4c 8 Breakdown oflIne 7 Excess from 2013. D. b c From 2014. e From 2015. Schedule A (Form 990 or 990-EZ) (2 O 1 5) ScheduleA (Form 990 or990-EZ)2015 m Page8 Supplemental Information. PrOVIde the explanatIons reqUIred by Part II, lIne 10; Part II, lIne 17a or 17b; Part III, lIne 12; Part IV, SectIon A, lInes 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, SectIon B, lInes 1 and 2; Part IV, SectIon C, lIne 1; Part IV, SectIon D, lInes 2 and 3; Part IV, SectIon E, lInes 1c, 2a, 2b, 3a and 3b; Part V, lIne 1; Part V, SectIon B, lIne 1e; PartV SectIon D, lInes 5, 6, and 8; and Part V, SectIon E, lInes 2,5, and 6. Also complete thIs part for any addItIonaI InformatIon. (See InstructIons). Facts And Circumstances Test Return Reference Explanation Schedule A (Form 990 or 990-EZ) 2015 Iefile GRAPHIC print - DO NOT PROCESS lAs Filed Data - l SCHEDULE C (Form 990 or 990' EZ) DLNI 93493319111016I Political Campaign and Lobbying ActIVIties W For Organizations Exempt From Income Tax Under section 501(c) and section 527 2o 1 5 >Complete if the organization is described below. >Attach to Form 990 or Form 990-EZ. Department of the >Information about Schedule C (Form 990 or 990-EZ) and its instructions is at www,ir5,goy (formggo. Open to Public Inspection Treasury Internal Revenue SerVIce If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 99042, Part V, line 46 (Political Campaign Activities), then 0 SectIon 501(c)(3) organIzatIons Complete Parts l-A and B Do not complete Part l-C o SectIon 501(c) (other than sectIon 501(c)(3)) organIzatIons Complete Parts l-A and C below Do not complete Part l-B o SectIon 527 organIzatIons Complete Part l-A only If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 99042, Part VI, line 47 (Lobbying ActIVIties), then 0 SectIon 501(c)(3) organIzatIons that have filed Form 5768 (election under sectIon 501(h)) Complete Part ll-A Do not complete Part ll-B o SectIon 501(c)(3) organIzatIons that have NOT filed Form 5768 (election under sectIon 501(h)) Complete Part ll-B Do not complete Part ll-A If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 99042, Part V, line 35c (Proxy Tax) (see separate instructions), then 0 SectIon 501(c)(4), (5), or (6) organIzatIons Complete Part III Name ofthe organization Employer identification number ILLINOIS POLICY INSTITUTE m 1 41-2057028 Complete if the organization is exempt under section 501(c) or is a section 527 organization. PrOVIde a descriptIon ofthe organization's direct and IndIrect political campaIgn actIVItIes In Part IV PolItIcal expendItures 3 b $ Volunteer hours Part I-B Complete if the organization is exempt under section 501(c)(3). 1 Enter the amount ofany echse tax Incurred by the organIzatIon under sectIon 4955 b $ 2 Enter the amount ofany echse tax Incurred by organIzatIon managers under sectIon 4955 b $ 3 Ifthe organIzatIon Incurred a section 4955 tax, did It file Form 4720 forthis year? I-Yes I- No 4a Was a correction made? '- Yes '- No b If"Yes," descrIbe In Part IV m Complete if the organization is exempt under section 501(c), except section 501(c)(3). Enter the amount directly expended by the fIlIng organizatIon for section 527 exempt function actiVities 2 3 4 b Enter the amount ofthe fIlIng organIzatIon's funds contributed to other organIzatIons for section 527 exempt functIon actIVItIes b Total exempt function expendItures Add lines 1 and 2 Enter here and on Form 1120-PO L, line 17b $ $ b DId the fIlIng organization fIleForm 1120-POL for this year? $ '- Yes '- No Enter the names, addresses and employer IdentIfIcatIon number (EIN) ofall section 527 polItIcal organIzatIons to thch the fIlIng organization made payments For each organIzatIon listed, enter the amount paid from the fIlIng organIzatIon's funds Also enter the amount of polItIcal contributIons received that were promptly and dIrectly delIvered to a separate polItIcal organIzatIon, such as a separate segregated fund ora polItIcal action committee (PAC) IfaddItIonal space Is needed, prOVIde Information In Part IV (a) Name (b) Address (c)EIN (d) Amount paid from fIlIng organIzatIon's funds If none, enter -0- (e) Amount of political contributIons received and promptly and dIrectly delIvered to a separate polItIcal organIzatIon Ifnone, enter -0- 6 For Paperwork Reduction Act Notice, see the instructions for Form 990 or 990-EZ. Cat No 500848 Schedule C (Form 990 or 990-EZ) 2015 ScheduleC (Form 990 or990-EZ)2015 Page2 Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)). A Check b I- Ifthe fIlIng organization belongs to an affiliated group (and lIst In Part IV each affiliated group member's name, address, EIN, expenses, and share ofexcess lobbyIng expenditures) B Check b I- Ifthe fIlIng organization checked box A and "lImIted control" prOVIsIons apply 1a . . . . Limits on Lobbying Expenditures (a) Filing organization.s (The term "expenditures" means amounts paid or incurred.) totals 0 b Total lobbyIng expenditures to Influence public opInIon (grass roots lobbying) Total lobbyIng expenditures to Influence a legislative body (dIrect lobbying) c Total lobbyIng expenditures (add lInes 1a and 1b) 0 d Other exempt purpose expenditures 4,917,904 e Total exempt purpose expendItures (add lines 1c and 1d) 4,917,904 f LobbyIng nontaxable amount Enter the amount from the followmg table In both columns (b) Affiliated group totals 0 If the amount on line 1e, column (a) or (b) ISI The lobbying nontaxable amount is Not over $500,000 20% of the amount on lIne 1e Over $500,000 but not over $1,000,000 $100,000 plus 15% of the excess over $500,000 Over $1,000,000 but not over $1,500,000 $175,000 plus 10% of the excess over $1,000,000 Over $1,500,000 but not over $17,000,000 $225,000 plus 5% of the excess over $1,500,000 Over $17,000,000 $1,000,000 3951895 9 Grassroots nontaxable amount (enter 25% of line 1f) 98,974 h Subtract line lg from lIne 1a Ifzero or less, enter -0- 0 i Subtract line 1ffrom line 1c 0 j Ifthere Is an amount other than zero on eIther lIne 1h or lIne 1i, did the organization fIle Form 4720 reportIng sectIon 491 1 tax for thIs year? [- Y e s F No Ifzero or less, enter -0- 4-Year Averaging Period Under section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.) Lobbying Expenditures During 4-Year Averaging Period calendarbegInnIng year (orf'sca' year In) (a)2012 2a LobbyIng nontaxable amount b LobbyIng ceiling amount (150% oflIne 2a, column(e)) c Total lobbying expenditures 18,616 25,777 d Grassroots nontaxable amount 83,227 76,138 e Grassroots ceIIIng amount (150% oflIne 2d,column(e)) f Grassroots lobbyIng expenditures 332,909 (b)2013 304,551 (c)2014 342,801 (d)2015 395,895 (e) Total 1,376,156 2,064,234 44,393 85,700 98,974 344,039 516 059 ' 17,941 20,861 38,802 Schedule C (Form 990 or 990-EZ) 2015 Schedule C (Form 990 or 990-EZ) 2015 Part II-B Page 3 Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)). 4L For each "Yes "response on lInes 1a through 1I below, prowde In Part IVa detaIled des cIIptIon of the lobbyIng actIVIty A mount Yes During the year, dId the fIlIng organIzatIon attempt to Influence foreIgn, national, state or local legIslation, IncludIng any attempt to Influence public opInIon on a legIslatIve matter or referendum, through the use of Sin-honours; 1 Volunteers? PaId staff or management (Include compensation In expenses reported on lInes 1c through 1i)? Media advertIsements? MaIlIngs to members, legIslators, or the publIc? PublIcatIons, or published or broadcast statements? Grants to other organIzatIons for lobbyIng purposes? DIrect contact WIth legIslators, theIr staffs, government offIcIals, or a legIslatIve body? Rallies, demonstratIons, seminars, conventIons, speeches, lectures, or any Similar means? Other actIVItIes? Total Add lInes 1c through 1i 2a DId the actIVItIes In lIne 1 cause the organizatIon to be not descrIbed In sectIon 501(c)(3)? If"Yes," enter the amount ofany tax Incurred under sectIon 4912 If"Yes," enter the amount ofany tax Incurred by organIzatIon managers under sectIon 4912 Ifthe fIlIng organization Incurred a section 4912 tax, dId It fIle Form 4720 forthIs year? m Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6). Yes 1 Were substantIally all (90% or more) dues received nondeducthle by members? 2 DId the organIzation make only In-house lobbyIng expenditures of$2,000 or less? 2 3 DId the organIzation agree to carry over lobbying and polItIcal expenditures from the prIor year? 3 Part III-B No 1 Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (D) Part III-A, line 3, is answered "Yes." 1 Dues, assessments and sImIlar amounts from members SectIon 162(e) nondeducthle lobbying and polItIcal expendItures (do not include amounts of political expenses for which the section 527(f) tax was paid). 2a Current year Carryoverfrom last year 2b Total 2c Aggregate amount reported In sectIon 6033(e)(1)(A) notices of nondeducthle sectIon 162(e) dues 5 Ifnotices were sent and the amount on lIne 2c exceeds the amount on lIne 3, what portIon ofthe excess does the organIzatIon agree to carryover to the reasonable estimate of nondeducthle lobbying and polItIcal expenditure next year? Taxable amount oflobbyIng and polItIcal expendItures (see Instructions) m Supplemental Information PrOVide the descrIptions requIred for Part l-A, line 1, Part l-B, lIne 4, Part l-C, lIne 5, Part II-A (affiliated group lIst), Part II-A, lines 1 and 2 (see Instructions), and Part ll-B, lIne 1 Also, complete thIs part for any addItIonal InformatIon Return Reference Explanation Schedule C (Form 990 or 990EZ) 2015 Iefile GRAPHIC print - Do NOT PROCESS lAs Filed Data - l . SCHEDULE D DLNI 93493319111016I . OMB N Supplemental FinanCIal Statements 1545-0047 0 (Form 990) > Complete if the organization answered "Yes," on Form 990, 2 O 1 5 Part IV, line 6, 7, a, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b. Department of the TreaSUIY P Attach to Form 990. Information about Schedule D (Form 990) and its instructions is at www.irs.gov(form990. Open to Public Inspection Internal Revenue SerVIce Name of the organization Employer identification number ILLINOIS POLICY INSTITUTE 41-2057028 m Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete If the organIzatIon answered "Yes" on Form 990, Part IV, lIne 6. a Donor adVIsed funds b Funds and other accounts Total number at end ofyear Aggregate value ofcontributIons to (during year) Aggregate value ofgrants from (durIng year) Aggregate value at end ofyear DId the organIzation Inform all donors and donor adVIsors In ertIng that the assets held In donor adVIsed funds are the organIzatIon's property, subject to the organIzatIon's excluswe legal control? I-Yes [- No DId the organIzation Inform all grantees, donors, and donor adVIsors In ertIng that grant funds can be used only for charItable purposes and not for the benefit ofthe donor or donor adVIsor, orfor any other purpose conferring ImpermISSIble private benefIt? I-Yes [- No m 1 Conservation Easements. Complete If the organIzatIon answered "Yes" on Form 990, Part IV, lIne 7. Purpose(s) ofconservation easements held by the organIzatIon (check all that apply) I- Preservation of land for public use (e g , recreation or education) I- Protection of natural habitat r PreservatIon ofan hIstorIcally Important land area r PreservatIon ofa certIerd historIc structure I- Preservation ofopen space Complete lines 2a through 2d Ifthe organIzatIon held a qualIerd conservation contrIbutIon In the form ofa conservation easement on the last day of the tax year QOU'N Held at the End of the Year Total number ofconservatIon easements 2a Total acreage restricted by conservatIon easements 2b Number ofconservation easements on a certIerd historic structure Included In (a) 2c Number ofconservation easements Included In (c) achIred after 8/17/06, and not on a hIstorIc structure listed In the National RegIster 2d Number ofconservation easements modIerd, transferred, released, extinguIshed, or terminated by the organIzatIon durIng the tax year > Number ofstates where property subject to conservation easement Is located > Does the organization have a written polIcy regardIng the periodic monitoring, Inspection, handlIng of VIolatIons, and enforcement ofthe conservatIon easements It holds? [- Yes F No Staffand volunteer hours devoted to monItorIng, InspectIng, handling ofVIolatIons, and enforcmg conservatIon easements durIng the year D Amount ofexpenses Incurred In monItorIng, InspectIng, handlIng ofVIolatIons, and enforCIng conservation easements during the year >$ Does each conservatIon easement reported on lIne 2(d) above satIsfy the reqUIrements ofsectIon 170(h)(4) (B)(I)and sectIon 170(h)(4)(B)(II)? I-Yes rNo In Part XIII, describe how the organIzatIon reports conservatIon easements In Its revenue and expense statement, and balance sheet, and Include, Ifapplicable, the text ofthe footnote to the organIzatIon's finanCIal statements that descrIbes the organIzatIon's accountIng for conservatIon easements m Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets. Complete If the organIzatIon answered "Yes" on Form 990, Part IV, lIne 8. 1a Ifthe organIzatIon elected, as permitted under SFAS 1 16 (ASC 958), not to report In Its revenue statement and balance sheet works ofart, historical treasures, or other SImIlar assets held for public ethbItIon, education, or research In furtherance of publIc serVIce, prowde, In Part XIII, the text ofthe footnote to Its fInanCIal statements that describes these Items b Ifthe organIzatIon elected, as permitted under SFAS 116 (ASC 958), to report In Its revenue statement and balance sheet works ofart, historical treasures, or other SImIlar assets held for public ethbItIon, education, or research In furtherance of publIc serVIce, prowde the followmg amounts relatIng to these Items (i) Revenue Included on Form 990, Part VIII, lIne 1 (ii)Assets Includedin Form 990,Part)( 2 b $ >$ Ifthe organIzatIon recered or held works ofart, hIstorIcal treasures, or other SImIlar assets forfInanCIal gain, prowde the followmg amounts reqUIred to be reported under SFAS 116 (ASC 958) relating to these Items a Revenueincluded on Form 990,PartVIII,lIne1 b Assets Included In Form 990,Part)< For Paperwork Reduction Act Notice, see the Instructions for Form 990. >$ >$ C at N o 5 2283 D Schedule D (Form 990) 2015 ScheduleD (Form 990)2015 m Page2 Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (contInued) 3 Usmg the organIzatIon's achISItIon, accession, and other records, check any ofthe followmg that are a SIgnIficant use of Its collection Items (check all that apply) a I- PublIc exhibition d I- Loan or exchange programs Scholarly research e r Other I- I- PreservatIon forfuture generations b C 4 PrOVIde a descriptIon ofthe organization's collections and explain how they further the organization's exempt purpose In Part XIII 5 During the year, dId the organIzatIon what or receive donatIons ofart, historical treasures or other sImIlar assets to be sold to raise funds rather than to be maIntaIned as part ofthe organization's collection? [- Yes [- No m Escrow and Custodial Arrangements. Complete If the organIzatIon answered "Yes" on Form 990, Part IV, lIne 9, or reported an amount on Form 990, Part X, lIne 21. *anU' 1a 2a b Is the organization an agent, trustee, custodIan or other Intermediary for contrIbutIons or other assets not Included on Form 990,Part X? If "Yes," explain the arrangement In Part XIII and complete the followmg table FNO Amount Beginning balance 1c AddItIons during the year 1d Distributions during the year 1e Ending balance 1f DId the organIzation Include an amount on Form 990, Part X, lIne 21, for escrow or custodial account lIabIlIty? If"Yes," explaIn the arrangement In Part XIII Check here Ifthe explanatIon has been prOVIded In Part XIII m I- Yes F No . . . . . . . . D Endowment Funds. Complete If the organIzatIon answered "Yes" to Form 990, Part IV, lIne 10. (a)Current year 1a I-Yes (b)PrIor year b (C)Two years back (d)Three years back (e)Four years back BegInnIng ofyear balance b C ontributions C Net Investment earnIngs, gaIns, and losses d Grants or scholarshIps Other expendItures for faCIlItIes and programs f AdministratIve expenses 9 End ofyear balance 2 PrOVIde the estimated percentage ofthe current year end balance (line 19, column (a)) held as a Board deSIgnated or quaSI-endowment b b Permanent endowment b C TemporarIly restricted endowment b The percentages on lInes 2a, 2b, and 2c should equal 100% 3a Are there endowment funds not In the posseSSIon ofthe organIzatIon that are held and administered for the organization by Yes (i) unrelated organizations (ii) related organizations b 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If"Yes" on 3a(II), are the related organIzatIons lIsted as reqUIred on Schedule R? . . . . . No 3a(i) 3a(ii) . . . . . . . . 3b DescrIbe In Part XIII the Intended uses ofthe organization's endowment funds m Land, Buildings, and Equipment. Complete If the organIzatIon answered 'Yes' to Form 990, Part IV, lIne 11a.See Form 990, Part X, lIne 10. Descrlptlon of property (a) 1a Cost or other baSIs (b) (Investment) Cost or other basIs (other) Accumulated (c)depreCIatIon (d)Book value Land b BUIIdIngS C Leasehold Improvements quUIpment . . . . . . . . . . . . . . . eOther................. Total.AddlInes1athrough1e(Column(d)mustequalForm990,PartX,column(B),lIne10(c)) . . 27,240 20,621 10,400 10,315 . . . . . b 6,619 85 6,704 Schedule D (Form 990) 2015 ScheduleD (Form 990)2015 m Page3 Investments-Other Securities. Complete If the organIzatIon answered 'Yes' on Form 990, Part IV, lIne 11b. See Form 990, Part X, lIne 12. (a) DescrIptIon ofsecurity or category (Including name ofsecurIty) (b)Book value (c)Method ofvaluation Cost or end-of-year market value (1)FinanCIal derivatives (2)Closely-held eqUIty Interests (3)Other Total. (Column (b) must equal Form 990, PaItX, col (B) lIne 12) P Investments-Program Related. Complete If the organIzatIon answered 'Yes' on Form 990, Part IV, lIne 11C.See Form 990 Part X lIne 13. (a) DescriptIon ofinvestment (b) Book value Total. (Column (b) must equal Form 990, Part X, col (B) lIne 13) ' P Other Assets. Com lete Ifthe or anIzatIon answered 'Yes' on Form 990 Part IV line 11d See Form 990 Part X line 15 a 1 SECURITY DEPOSITS 2 ILLINOIS RADIO NETWORK Total. Column b must ' 1. (c) Method of valuatIon Cost or end-of- ear market value DescrI tion b Book value 22 690 560000 ualFOIm 990 PaItX col B lIne15 . . . . . . . . . . . b 582 690 Other Liabilities. Complete If the organIzatIon answered 'Yes' on Form 990, Part IV, lIne lie or 11f. See Form 990, Part X, lIne 25. (a) DescrIptIon of lIabIlIty (b) Book value Federal Income taxes Total. (Column (b) must equal Form 990, Part X, col (B) lIne 25) P 2. LIabIlIty for uncertaIn tax positions In Part XIII, prOVIde the text ofthe footnote to the organIzatIon's finanCIal statements that reports the organIzatIon's lIabIlIty for uncertaIn tax positions under FIN 48 (ASC 740) Check here Ifthe text ofthe footnote has been prOVIded In Part X111 '7 Schedule D (Form 990) 2015 ScheduleD (Form 990)2015 m Page4 Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete If the organIzatIon answered 'Yes' on Form 990, Part IV, lIne 12a. Total revenue,gains,and other support per audited finanCIal statements . . . . . . . 1 5,819,542 Amounts Included on line 1 but not on Form 990, Part VIII, line 12 a Net unrealized gains (losses) on Investments . b Donated serVIces and use offaCIlItIes . C RecoverIes of prIor year grants d Other(DescrIbeIn Part XIII) e Add lInes 2a through 2d . . . . Subtract lIne 2e from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a . . . . . . . . . . . . 2c . . . 2b . 2d . . . . . . . . . . . . . 2e 0 . . . . 3 5,819,542 . . . . 4C 0 5 5,819,542 Amounts Included on Form 990, Part VIII, line 12, but not on line 1 a C 5 Investment expenses notIncluded on Form 990,PartVIII,lIne 7b . Other(DescrIbeIn Part XIII) . . . . . . . . . . . AddlInes 4a and 4b . . . . . . . . . . . . . . 4a 4b . . Totalrevenue AddlInes3and 4c.(ThIs must equal Form 990 Part1, lIne 12 ) m . . . . Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete If the organIzatIon answered 'Yes' on Form 990, Part IV, lIne 12a. TotalexpensesandlossesperaudItedenanCIalstatements . . . . . . . . . . . . 1 4,971,904 Amounts Included on line 1 but not on Form 990, Part IX, lIne 25 a Donated serVIces and use offaCIlItIes . . . . . . . . b Prioryearadjustments . . . . . . . . C Otherlosses d Other(DescrIbe In Part XIII) e AddlInes 2athrough 2d . . . . . . . SubtractlIne 2efromlIne1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b . . . . 2a . . . . 2c . . . 2d . . . . . . . . . . . . . 2e . 3 0 4,971,904 Amounts Included on Form 990, Part IX, lIne 25, but not on lIne 1; a C 5 Investment expenses not Included on Form 990, Part VIII, lIne 7b . . 4a Other(DescrIbe In Part XIII) . . . . . . . . . . . . 4b AddlInes4aand4b. . . . . . . . . . . . . . . . . Total expenses AddlInes 3and 4c.(ThIs mustequalForm 990,PartI,lIne 18) . . . . . . . . . . 4C 0 5 4,971,904 m Supplemental Information PrOVide the descrIptions requIred for Part II, lInes 3, 5, and 9, Part III, lInes 1a and 4, Part IV, lInes 1b and 2b, Part V, line 4, Part X, lIne 2, Part XI, lines 2d and 4b, and Part XII, lines 2d and 4b Also complete this part to prowde any additional Information l Return Reference PART X, LINE 2 ExplanatIon THE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN,AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS THE FEDERAL AND ILLINOIS EXEMPT ORGANIZATION TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED Schedule D (Form 990) 2015 ScheduleD (Form 990)2015 ' Page5 Supplemental Information (continued) Return Reference ExplanatIon Schedule D (Form 990) 2015 Iefile GRAPHIC print - DO NOT PROCESS lAs Filed Data - l S h d I DLNI 93493319111016I I OMB No 1545-0047 , . . Grants and Other ASSIstance to Organizations, (Eofmuggo) Governments and Individuals in the United States 20 1 5 Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22. Department Of the Treasury - Open to Public Inspection P Attach to Form 990. D Information about Schedule I (Form 990) and its instructions is at www.irs.gov(form990. Internal Revenue SerVIce Name of the organIzatIon Employer identification number ILLINOIS POLICY INSTITUTE 41-2057028 m 1 2 General Information on Grants and Assistance Does the organization maintain records to substantIate the amount of the grants or asSIstance, the grantees' elIgIbIlIty for the grants or assistance, and the selectIon criteria used to award the grants or aSSIstance? . . . . . . . . . . . DescrIbe In Part IV the organIzatIon' s procedures for monItorIng the use ofgrant funds Inthe United States m I7Yes [- No Grants and Other A55istance to Domestic Organizations and Domestic Governments. Complete Ifthe organIzatIon answered "Yes" on Form 990, Part IV, lIne 21, for any reCIpIent that received more than $5,000 Part II can be duplicated IfaddItIonal space Is needed (a) Name and address of organIzatIon or government (b) EIN (c) IRC sectIon Ifapplicable (d) Amount ofcash grant (e) Amount of noncash aSSIstance (f) Method of valuation (book, FMV, appraisal, other) (g) DescrIptIon of non-cash aSSIstance (h) Purpose ofgrant or asSIstance See AddItIonaI Data Table 2 EntertotalnumberofsectIon501(c)(3)andgovernmentorganizatIonslIstedInthelineltable. 3 EntertotalnumberofotherorganIzatIonslIstedInthelIneltable. For Paperwork Reduction Act Notice, see the Instructions for Form 990. . . . . . . . . . . . . . . . . . . Cat No 50055P . . . . . . . . . . . . . . . . . . . . . .P P 3 Schedule I (Form 990) 2015 ScheduleI (Form 990) 2015 Page 2 Grants and Other Assistance to Domestic Individuals. Complete Ifthe organization answered "Yes" on Form 990, Part IV, line 22 Part III can be duplicated Ifadditional space Is needed (a)Type of grant or aSSIstance m (C)A mount of cash grant (d)Amount of non-cash assistance (e)Method of valuatIon (book, FMV, appraIsal, other) (f)DescrIptIon of non-cash asSIstance Supplemental Information. PrOVIde the InformatIon reqUIred In Part I, lIne 2, Part III, column (b), and any other addItIonal InformatIon. Return Reference PART 1, LINE 2 (b)N umber of reprIents Explanation ALL SPENDING IS MONITORED THROUGH THE ACCOUNTING SOFTWARE AND PROJECT MANAGEMENT TOOLS A NARRATIVE SUMMARY IS ALSO KEPT OF ALL PROJECTS Schedule I (Form 990) 2015 Additional Data Software IDI Softwa re VersionI EINI Name= 41-2057028 ILLINOIS POLICY INSTITUTE Form 990,Schedule I, Part II, Grants and Other Assistance to Domestic Organizations and Domestic Governments. (a) Name and address of organIzatIon or government (b) EIN (c) IRC section Ifapplicable (d) Amount ofcash grant (e) Amount of non- (f) Method ofvaluation cash (book, FMV,appraIsal, asSIstance other) (g) DescrIption of non-cash asSIstance (h) Purpose ofgrant or aSSIstance LIBERTYJUSTICE CENTER 190 S LASALLE STREET 1500 CHICAGO,IL 60603 45-4204425 501(c)(3) 147,500 N/A N/A GRANTTO OTHER ORGANIZATION THAT SHARES THE SAME PRINCIPLES AS ILLINOIS POLICY INSTITUTE THINK FREELY MEDIA 180 WADAMS STREET 6TH FLOOR CHICAGO,IL 60603 27-1110796 501(c)(3) 26,000 N/A N/A GRANTTO OTHER ORGANIZATION THAT SHARES THE SAME PRINCIPLES AS ILLINOIS POLICY INSTITUTE TALENT MARKET CO DONORS TRUST 1800 DIAGONAL ROAD SUITE 280 ALEXANDRIA,VA 22314 52-2166327 501(c)(3) 5,000 N/A N/A GRANT TO OTHER ORGANIZATION THAT SHARES THE SAME PRINCIPLES AS ILLINOIS POLICY INSTITUTE GRANT TO OTHER ORGANIZATION THAT SHARES THE SAME PRINCIPLES AS ILLINOIS POLICY INSTITUTE Iefile GRAPHIC print - DO NOT PROCESS lAs Filed Data - l Schedule J DLN= 93493319111016I Compensation Information OMB No 1545-0047 For certain Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees > Complete if the organization answered "Yes" on Form 990, Part IV, line 23. b Attach to Form 990. D Information about Schedule J (Form 990) and its instructions is at www.irs.gov(form990. Open to PUlJllC (Form 990) Department of the Treasury Ins - ection Internal Revenue SerVIce Name ofthe organization Employer identification number ILLINOIS POLICY INSTITUTE 41-2057028 m Questions Regarding Compensation Yes 1a b 2 No Check the appropIate box(es) Ifthe organIzatIon prOVIded any ofthe followmg to or for a person listed on Form 990, Part VII, SectIon A, lIne 1a Complete Part III to prowde any relevant InformatIon regardIng these Items I- FIrst-class or charter travel I7 Housmg allowance or reSIdence for personal use I- Travel for companIons I7 Payments for busmess use of personal reSIdence I I- Tax Idemnification and gross-up payments I7 Health or sOCIal club dues or InitiatIon fees I I- DIscretIonary spending account I7 Personal serVIces (e g , maId, chauffeur, chef) Ifany ofthe boxes In line 1a are checked, dId the organization followa ertten polIcy regardIng payment or reimbursement or prOVISIon ofall ofthe expenses described above? If"No," complete Part III to explain I I 1b DId the organIzatIon requIre substantiatIon prior to reImburSIng or allowmg expenses Incurred by all dIrectors, trustees, officers, IncludIng the CEO/ExecutIve DIrector, regarding the Items checked In lIne 1a? 3 2 IndIcate thch, Ifany, of the followmg the fIlIng organIzatIon used to establish the compensation ofthe organization's CEO/Executive Director Check all that apply Do not check any boxes for methods used by a related organIzatIon to establIsh compensation ofthe CEO/ExecutIve DIrector, but explain In Part III 4 I7 CompensatIon commIttee I7 Written employment contract I- Independent compensatIon consultant I7 CompensatIon survey or study I I I I7 Form 990 of other organIzatIons I7 Approval by the board or compensation committee I I I During the year, dId any person listed on Form 990, Part VII, SectIon A, lIne 1a WIth respect to the fIlIng organization or a related organIzatIon a c Recere a severance payment or change-of-control payment? 4a No PartICIpate In, or recere payment from, a supplemental nonqualIerd retIrement plan? 4b No PartICIpate In, or recere payment from, an eqUIty-based compensatIon arrangement? 4c No If"Yes" to any oflInes 4a-c, lIst the persons and prOVIde the applicable amounts for each Item In Part III Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9. 5 For persons lIsted on Form 990, Part VII, Section A, line 1a, did the organIzatIon pay or accrue any compensatIon contingent on the revenues of a The organIzatIon? 5a No Any related organIzatIon? 5b No If"Yes," on lIne 5a or 5b, descrIbe In Part III 6 For persons lIsted on Form 990, Part VII, Section A, line 1a, did the organIzatIon pay or accrue any compensatIon contingent on the net earnings of The organIzatIon? 6a No Any related organIzatIon? 6b No 7 No subject to the InItIal contract exceptIon described In Regulations sectIon 53 4958-4(a)(3)? If"Yes," describe In Part III 8 No If"Yes" on line 8, dId the organIzatIon also follow the rebuttable presumption procedure descrIbed In RegulatIons sectIon 53 4958-6(c)? 9 If"Yes," on lIne 6a or 6b, descrIbe In Part III 7 For persons lIsted on Form 990, Part VII, Section A, line 1a, did the organIzatIon prOVIde any non-fixed payments not descrIbed In lInes 5 and 6? If"Yes," descrIbe In Part III 8 Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was 9 For Paperwork Reduction Act Notice, see the Instructions for Form 990. C at N o 5005 3T Schedule J (Form 990) 2015 ScheduleJ (Form 990) 2015 Page 2 Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use dupIIcate copIes If addItIonaI space IS needed. For each IndIVIdual whose compensatIon must be reported on Schedule J, report compensatIon from the organIzatIon on row (I) and from related organIzatIons, described In the Instructions, on row (II) Do not lIst any IndIVIduals that are not lIsted on Form 990, Part VII Note. The sum ofcolumns (B)(I)-(III) for each lIsted IndIVIdual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that IndIVIdual (A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (I) com pBearimon 1 JOHN TILLMAN cm, BOARD DIRECTOR (i) (ii) 2 KRISTINA RASMUSSEN EXECUTIVE VICE PRESIDENT (i) (ii) 3 THADDEUS DABROWSKI VICE PRESIDENT-POLICY (i) (ii) (ii) (ill) (C) RetIrement and other deferred & IncentIve Bonus compensatIon Other reportable compensation (D) N ontaxable benefits (E) Total of columns (B)(IHD) (F) Compensation In column(B) reported as deferred on prlor compensatIon Form 990 0 0 0 0 0 0 0 ................................................................................... 200,000 64,500 0 15,500 22,631 302,631 0 0 0 0 0 0 0 0 ................................................................................... 211,182 0 0 12,500 20,147 243,829 0 0 0 0 0 0 0 o ................................................................................... 138,730 0 0 15,500 19,003 173,233 0 Schedule J (Form 990) 2015 ScheduleJ (Form 990)2015 Page3 m Supplemental Information PrOVide the Information, explanation, or descrIptions reqUIred for Part I, lInes 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II Return Reference Also complete thIs part for any addItIonal InformatIon Explanation Schedule J (Form 990) 2015 Iefile GRAPHIC print - DO NOT PROCESS lAs Filed Data - l DLN= 93493319111016I SCHEDULEM . (Form 990) . . Noncash Contributions OMB No 1545 0047 >Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30. 2 O 1 5 > Attach to Form 990. Department of the >Information about Schedule M (Form 990) and its instructions is at www.irs. ov form990 Open to puinc Treasury Ins I ection Internal Revenue SerVIce Name ofthe organization Employer identification number ILLINOIS POLICY INSTITUTE 41-2057028 m Types of Property (a) Check If applicable (b) (C) (d) Number ofcontributIons or Items contrIbuted Noncash contrIbutIon amounts reported on Form 990,PartVIII,lIne Method ofdetermInIng noncash contribution amounts m-hWNI-l OMNOJ 19 A rt-Works of art Cars and other vehIcles A rt-H Istorical treasures Art-FractIonal Interests Books and publIcatIons ClothIng and household goods Boats and planes Intellectual property SecurItIes-Publicly traded . X 3 21,533 FAIR MARKET VALUE 25 Other>( ILLINOIS RADIO NETWORK I X 1 560,000 FAIR MARKET VALUE 26 Other>( SOCIAL MEDIA MARKETING I X 1 78,207 FAIR MARKET VALUE 10 SecurItIes-Closely held stock 11 SecurItIes-Partnershlp,LLC, 12 SecurItIes-M Iscellaneous 13 Qualified conservation ortrustinterests . . contrIbutIon-HIstorIc structures . 14 Qualified conservation 15 contrIbutIon-Other Realestate-ReSIdentIal 16 Real estate-CommerCIal 17 Real estate-Other 18 Collecthles 19 Food Inventory 20 Drugs and medical supplies 21 TaxIdermy 22 Historical artifacts 23 SCIentIfIc speCImens 24 ArcheologIcalartIfacts 27 Other>( ) 28 Other>( ) 29 Number of Forms 8283 received by the organIzatIon durIng the tax year for contrIbutIons for thch the organIzatIon completed Form 8283,PartIV, Donee Acknowledgement 29 1 Yes 30a No During the year, dId the organIzatIon recere by contrIbutIon any property reported In Part I, lInes 1 through 28, that It must hold for at least three years from the date ofthe InItIal contrIbutIon, and which Is not reqUIred to be used for exempt purposes forthe entIre holding period? . . . . . . . . . . . . . . . . . . 303 No 31 N0 b If"Yes," descrIbe the arrangement In Part II 31 Does the organization have a gift acceptance policy that reqUIres the reVIew ofany non-standard contributIons? 32a Does the organization hire or use third partIes or related organizations to what, process, or sell noncash contributions?.......................... b 33 32aYes If"Yes," descrIbe In Part II Ifthe organIzatIon dId not report an amount In column (c) for a type of property for thch column (a) Is checked, describe In Part II For Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat No 51227J Schedule M (Form 990) (2015) Schedule M (Form 990) (2015) Page 2 Supplemental Information. PrOVIde the InformatIon reqUIred by Part I, lInes 30b, 32b, and 33, and whether the organIzatIon IS reportIng In Part I, column (b), the number Of contrIbutIons, the number Of Items recered, or a combInatIon of both. Also complete thIs part for any addItIonal InformatIon. l Return Reference PART I, LINE 32B Explanation ICHARLES SCHWAB IS USED TO SELL PUBLICLY TRADED STOCK THAT IS DONATED Schedule M (Form 990) (2015) Iefile GRAPHIC print - DO NOT PROCESS lAs Filed Data - l SCHEDULE 0 (Form 990 or 990- E2) Department ofthe DLN= 93493319111016I Supplemental Information to Form 990 or 990-EZ . . . .. . W 2 1 5 Complete to prowde information for responses to speCIfic questions on Form 990 or 990-EZ or to provide any additional information. > Attach to Form 990 or 990-EZ. > Information about Schedule 0 (Form 990 or 990-EZ) and its instructions is at Treasury Open to Public Inspection www.irs.gov/form990. Internal Revenue SerVIce Name ofthe organization Employer identification number ILLINOIS POLICY INSTITUTE 41-2057028 990 Schedule 0, Supplemental Information Return Reference Explanation FORM 990, PA RT VI, SECTION B, LINE 11 PRIOR TO SUBMISSION TO THE IRS, FORM 990 IS PROVIDED TO THE PRINCIPAL OFFICER AND GOVERNING BODY OF THE ORGANIZATION FOR REVIEW FORM 990, PA RT VI, SECTION B, LINE 120 THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY ONCE A YEAR WITH THE BOA RD OF DIR ECTORS & EMPLOYEES AND INQUIRE OF ANY MATERIAL CHANGES 6L 3Nl"l LO NOIJ.O3S LIA .LS3fIO3CI NOde 3"IEIV'IIVAV 38 "I'll/VI SJ.N3W3.LV.LS 'IVIONVNIEI Cl3J.ICIfIV CINV IS3IOI"lOd ISJ.N3WDOOCI ONINCI3AOO TIV .LCIVd I066 W803 SCIOIO3CIICI ;IO CICIVOG 3H.L AEI CI3J.VE)3'I3CI SV NOIJEICIOSICI TlfIcl ONIAVH O30 3H.L HJ.INI 3WVS 3H.L SI SS3OOCId NOIJ.VSN3dWOO 3H.L S33 AO'ICIW3 A3)I (JNV SCI30I;I;IO H3H.LO CIOEI SS3OOCId 3HJ. NI (J32I'IIJJ'I J.ON SI iNVl'IfISNOO .LN3CIN3d3CINI NV lVHJ. 3.LON O30 3HJ. CIOEI NOLLVSN3dWOO 3AOCIddV N3HJ. OHM SHOIO3EIICI ;IO CICI V08 3H.L HJ.INI 9L 3NI'I CI3CIVHS SI HOCIV383CI lVHJ. WOCIEI NOIIVWCIOEINI 3H.L V32=IV CIN V'IOOVOIHO 3H.L NI CINV 3CIINIACIJ.NI'IOO ACIISI'ICINI AEI NOIJ.O3S AIA 3H.L NI 8.030 H3H.LO CIOEI VJ.VCI 318VCWdWOO EIO NOIiVNIWVX3 NV AG CI3NIWCI3J3CI SI O30 EIO NOIJ.VSN3dWOO itl Vd I066 WHOEI uoIIeueIdxa aouaJaIaa u.inIea uoIIewJOIUI IeIuaLuaIddns 'o ajnpauos 055 mmo masons-m Oe menu-madman. Hag-.3333 0683 064m 3 now mic-mango; .523 000. .u>mH 5.. 09.232 28 .2012 HE..<.>2 0mppmox=<2>Hmr< m 10cm .umm < mmr>Hm0 Omo> 22N>H2OZ. [0me .Emjom OmZHmm. >20 >.u.umOx=<2>Hmr< 3 1026 0mm < mmr>Hm0 Omo> 22N>H2OZ. ooOOOC2H>0=LH< >rE>20m xEmjz> m>m2<2cmmm2 0m3umOx2Z>Hmr< 3 1026 .000 < mmr>Hm0 Omo>22N>H2OZ. OOOOOc2H>0EH< >rE>20m HI>00mcm 0>0mO<U.umOx-Z>Hm..< m 1026 .000 < mmr>Hm0 Omo>22N>H2OZ. OOOOOc2H>0EH< >rE>20m m<>2 ommmz 0mppmox=<2>Hmr< 3 IOcmm .umm < mmr>Hm0 Omo>22N>H2OZ. OOOOOc2H>0EH< >rE>20m 22.9.50. E09 0m.u.umOx=<2>Hmr< 3m 1026 0mm < mmr>Hm0 Omo> 22N>H2OZ. ooOOOC2H>0=LH< >rE>20m .<.>j.Im<< .02qu05 0m3umOx2Z>Hmr< mo 1028 .000 < mmr>Hm0 Omo>22N>H2OZ OOOOOc2H>0EH< >rE>20m 0$2> 202mg 0m3umox=s>Hmr< 8 IOcmm Emu < mmr>Hm0 Omo>22N>H2OZ. OOOOOc2H>0EH< >rE>20m m.<=r< 00mm 0m20.uox..<.>Hm..< H 1025 0mm < mmr>Hm0 Omo>2.N>H202. OO< mmzszH >OOOc2H>0EH< >..E>20m momz moo. 0>mH x=. Ezm 3 HIm Omo> 22N>H2OZ cmmm 3.0 300000 O>MI 0>m2m Om >OOOc2H220 OmmH>22 mm< mzcmm >mm mmOOOZN m0 <HImm HI>2 <mzm0 >20 OmmH>22 mxvmzmmm >mm mmOOOZ2Nm0 <20 m>H 2mm HI>2 <H202 2m 220cwmm0 ZO0=nO>H202m HO HIm O>MI 0>m2m Om >OOOc2H220 22 Orc0m mmoomgzo 0mvme>H202 Oz 0000mm? >20 mocistH >20 >Oomc220 mom .u>xmm. =n >0050>0rm 990 Schedule 0, Supplemental Information Return Reference Explanation FORM 990, PA RT XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE PROCESS SINCE THE PRIOR Y EAR ASSUMED NAMES OF ILLINOIS POLICY INSTITUTE COMMON SENSE WITH PAUL JACOB GREAT COMMUNICATORS BOOT CAMP ILLINOIS NEWS NETWORK GIVE ME A CHOICE WAUKEGAN ILLINOIS RADIO NETWORK Iefile GRAPHIC print - DO NOT PROCESS lAs Filed Data - l DLN=93493319111016I OMB No 1545-0047 SCHEDULE R (Form 990) Related Organizations and Unrelated Partnerships 2015 F Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37. b Attach to Form 990. Department of the Treasury Internal Revenue SerVIce > Information about Schedule R (Form 990) and its instructions is at www.irs.gov (form990. Name ofthe organization Open to Public Ins - ection Employer identification number ILLINOIS POLICY INSTITUTE 41-2057028 m Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33. (a) (b) (C) (d) 0!) (0 Name, address, and EIN (if applicable) of disregarded entity Primary actiVity Legal domICIle (state or foreign country) Total income End-of-year assets Direct controlling entity m Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 b ecause it had one or more related tax-exempt organizations during the tax year. (b) (C) (d) (e) (f) (9) Name, address, and EIN of related organization Primary actiVity Legal domICIle (state or foreign country) Exempt Code section Public charity status (if section 501(c)(3)) Direct controlling entity Section 512(b) (13) controlled entity7 Yes (1)LIBERTY JUSTICE CENTER 190 S LASALLE STREET 1500 CHICAGO, IL 60603 45-4204425 (2)GOVERNMENT ACCOUNTABILITY ALLIANCE 190 S LASALLE STREET 1500 CHICAGO, IL 60603 45-4204629 For Paperwork Reduction Act Notice, see the Instructions for Form 990. TO ADVANCE ECONOMIC AND SOCIAL LIBERTIES AND A FREE ENTERPRISE SOCIETY IL 501(C)(3) LINE 7 ILLINOIS POLICY INSTITUTE Yes INDEPENDENT GOVERNMENT WATCHDOG ADVOCATING FOR THE PEOPLE OF ILLINOIS IL 501(C)(4) LINE 7 ILLINOIS POLICY INSTITUTE Yes Cat No 50135Y No Schedule R (Form 990) 2015 Schedule R (Form 990) 2015 Page 2 m Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year. (a) (b) (C) (d) (e) Name, address, and EIN of related organization Primary actiVity Legal domicile (state or foreign country) Direct controlling entity Predominant income(related, unrelated, excluded from tax under sections 512514) (f) (9) (h) (i) (J) (R) Share of Share of Disproprtionate Code V-UBI General or total income end-of-year allocations7 amount in box managing assets 20 of partner7 Schedule K-1 (Form 1065) Yes Yes Percentage ownership No Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year. (a) 0)) (C) (d) (8) (f) (9) (h) (I) Name, address, and EIN of related organization Primary actiVity Legal domICIle (state or foreign country) Direct controlling entity Type of entity (C corp, S corp, or trust) Share of total income Share of endof-year assets Percentage ownership Section 512 (b)(13) controlled entity7 Yes No Schedule R (Form 990) 2015 ScheduleR(Form 990)2015 Page3 m Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36. Note. Complete line 1 ifany entity is listed in Parts II, III, or IV ofthis schedule Yes N0 1 During the tax year, did the orgranization engage in any ofthe followmg transactions With one or more related organizations listed in Parts II-IV7 a Receipt of (i) interest, (ii)annUIties, (iii)royalties, or(iv)rent from a controlled entity . b Gift, grant, or capital contribution to related organIzatIon(s) . c Gift, grant, or capital contribution from related organIzatIon(s) . d Loans or loan guarantees to or for related or9anization(s) e Loans or loan guarantees by related organIzatIon(s) f DiVidends from related organIzatIon(s) 9 Sale ofassets to related or9anization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . h Purchase ofassets from related organIzatIon(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Exchange ofassets With related or9anization(s) . Lease of faCIlities, eqUIpment, or other assets to related organIzatIon(s) . I . . . . . . . Lease of faCIlities, eqUIpment, or other assets from related organIzatIon(s) . . . . . . . . . . . . . . n Sharing offaCIlItIes, eqUIpment, mailing lists, or other assets With related organIzatIon(s) . Sharing of paid employees With related organIzatIon(s) . . . . Reimbursement paid to related organIzatIon(s) for expenses . 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b . . . 13 . . . . . . . . . . . . . . . . . . . q Reimbursement paid by related or9anization(s) for expenses . r Other transfer ofcash or property to related organIzatIon(s) . 5 Other transfer ofcash or property from related or9anization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . N0 . . . . Yes 1f N0 19 N0 1h N0 1i N0 15 N0 1k N0 1' N0 1P . . . N0 Yes 10 . . N0 1n . . . . . . . . . 1C 1m . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . N0 Yes 1d 1e . . . . . . . . Performance ofserVIces or membership or fundraismg soliutations for related organIzatIon(s) m Performance ofserVIces or membership orfundraismg soliutations by related organIzatIon(s) . 0 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . i . . . . . . . . . . . . . . . . . . . . . j k . . . . . . . . N0 Yes 1cI N0 1r N0 15 N0 Ifthe answer to any ofthe above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds (a) (b) (C) (d) Name of related organization Transaction type (a-s) Amount involved Method of determining amount involved (1)GOVERNMENT ACCOUNTABILITY ALLIANCE P 2,550,812 ACTUAL CASH (2)GOVERNMENT ACCOUNTABILITY ALLIANCE E 400,000 ACTUAL CASH (3)LIBERTY JUSTICE CENTER B 147,500 ACTUAL CASH (4)LIBERTY JUSTICE CENTER N 44,597 SEE PART VII Schedule R (Form 990) 2015 ScheduleR(Form 990)2015 Page4 Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37. PrOVide the followmg information for each entity taxed as a partnership through Which the organization conducted more than five percent ofits actiVities (measured by total assets or gross revenue) that was not a related organization See instructions regarding exclu5ion for certain investment partnerships (a) (b) (C) (d) (e) (f) (9) (h) (I) (J) (k) Name, address, and EIN of entity Primary actiVity Legal domicile (state or foreign country) Predominant income (related, unrelated, excluded from tax under sections 512514) Are all partners section 501(c)(3) organizations? Share of total income Share of end-of-year assets Disproprtionate allocations? Code V-UBI amount in box 20 of Schedule K-1 (Form 1065) General or managing partner? Percentage ownership Yes No Yes No Yes No Schedule R (Form 990) 2015 ScheduleR(Form 990)2015 Page5 m Supplemental Information PrOVide additional information for responses to questions on Schedule R (see instructions) l Return Reference SCHEDULE R, PART V,LINE (2)(D) Explanation THE AMOUNT OF SHARED FACILITIES IS DETERMINED BY THE SQUARE FOOTAGE USED BY LIBERTY JUSTICE CENTER Schedule R (Form 990) 2015