Navy Pier Inc.

“The organization made significant changes to its bylaws since the prior 990 was filed. Officers of the organization now include the treasurer. The treasurer shall be responsible for overseeing the maintenance of the corporate books of account and financial records of the corporation. the treasurer shall also perform such other duties as may be assigned to him/her from time to time by the board of trustees.”

“Under the lease agreement between npi and the metropolitan pier and exposition authority ("mpea"), the chair of the board, the secretary-treasurer, and the chief executive officer of mpea are required to be voting members of npi's board of directors.”

“The 990 is prepared by npi's director of accounting, in coordination with an outside cpa firm. The form 990 is reviewed by npi's president & ceo, general counsel, and finance committee prior to final approval of the board of directors prior to filing.”

“Npi relies upon self-reporting by board members. Ownership information is required for any lease, license, or significant vendor contract executed by npi. As such, the board members are able to monitor such items for potential conflicts.”

“The executive committee reviews the goals and performance of the president/ceo and senior management. The committee also retains an independent consultant who conducts an independent evaluation using compensation data of the comparable key employees at peer institutions. The executive committee reviews the information provided by the independent consultant and then sets compensation levels and goals for the president/ceo and reviews, modifies and approves recommendations from the president/ceo for compensation of key employees. The evaluations, reviews, comments and decisions are documented in the minutes of the executive committee. The ceo reviews the goals and performance of senior staff and reviews compensation data of the comparable key employees at peer institutions. The president/ceo recommends the compensation of key employees of which recommendations are reviewed, modified and approved by the executive committee.”

“Governing documents, the conflict of interest policy, and the financial statements are available to the public upon request.”

“(CONTINUED FROM FORM 990, PART I, LINE 1) treasure, welcoming all and offering dynamic and eclectic experiences through partnerships and programs that inspire discovery and wonder.”

“the number of volunteers increased from 2015 due to a one-time special event held in 2016.”

“Navy Pier is Chicagos mission-driven cultural district, designed to inspire educate and connect our guests across the city and globe. In 2016, Navy Pier welcomed an estimated 9.3 million guests (59% from Chicagoland and 41% from elsewhere), making it one of the top-attended nonprofit cultural destinations in the Midwest. Phase One of Navy Piers physical redevelopment concluded in May 2016 with award winning accolades. Navy Pier was awarded an American Society of Landscape Architects (ASLA) Award and Gold Certification under the Sustainable SITES Initiatives (SITES) rating system, the first project to earn this level of certification under SITES v2 for its environmentally mindful and sustainable design. navy pier's redevelopment was awarded the magnificent mile association's business impact of the year award. These newly designed spaces also served as the setting to Navy Piers robust line-up of 2016 programming. These projects included: -POLK BROS FOUNTAIN AND PLAZA a 13 acre green space with a 12,500 square foot interactive fountain -THE SOUTH DOCK AND WAVE WALL STAIRS complete with new tree groves and storm water management system -THE NEW FOOD EXPERIENCE offering more dining options and 26 Chicago-centric staples Phase Two renovations are currently underway and include the completion of Polk Bros Park (anticipated completion July 2017). The new Polk Bros Performance Lawns will feature two stages-the Lake Stage (an anticipated capacity of 1500) and the City Stage (an anticipated capacity of 750)- each equipped with state-of-the-art sound and lighting to support a range of creative expression in music, theater, dance, cinema, festivals, public art and more. Each area is accessible for audiences and guests with disabilities. Collectively, these physical redevelopments have had profound impact on Navy Piers programmatic efforts, making this 100 year-old landmark more modern and open with an elevated aesthetic. Navy Piers 2016 programming strongly showcased the Piers commitment to raising its profile as a nonprofit through continued focus on offering dynamic and eclectic experiences through partnerships and programs, as outlined in the organizations mission and values. Below, please find a comprehensive list of 2016 events and programming: -NEIGHBORHOODS OF THE WORLD Made possible by ComEd, this free seven-week cultural series celebrated different global regions and countries represented in Chicago -THE FIFTH THIRD BANK CENTENNIAL CELEBRATION honors Navy Piers 100th anniversary through an array of programming including free and ticketed events spanning May 2016 Fall 2017 *Centennial Wheel Grand Opening welcomed an estimated 187,000 guests its opening weekend *100 Rides for 100 Nonprofit Organizations awarded 100 local nonprofits with up to 100 free rides on the Centennial Wheel and transportation stipends to share with their constituents and the communities they serve *Navy Piers Independence Day Celebration a free special firework show presented by Miller Lite that welcomed approximately 175,000 guests *Aon Summer Fireworks Series free bi-weekly firework shows from Memorial Day Labor Day, made possible by Aon, reaching nearly 1.6 million guests and countless spectators throughout Chicago *The Louis Vuitton Americas Cup World Series Chicago brought more than 200,000 spectators from 46 states and 23 countries for the first fresh water competition in the events 165-year history *PEPSI Tall Ships Chicago a world-class nautical event that featured 15 tall ships and other maritime vessels from all of the World at Navy Pier for docked viewings and sail away opportunities *Hiring Fair for Veterans, Active Duty and Their Families Fifth Third Bank, CareerBuilder, Illinois Patriot Education Fund and Navy Pier came together in a joint effort to host this fair on Veterans Day 2016 *The Fifth Third Bank Winter WonderFest an indoor winter festival attracting nearly 270,000 people. *Donation Request Process formed to provide 501(c)(3) organizat”

“Derivative gain on foreign currency transaction - unrealized 607,791 derivative loss on foreign currency transaction - realized -527,743 derivative gain on foreign currency transaction, net 80,048”