OMB No. 1545-0687 Form Exempt Organization Business Income Tax Return Department of the Treasury (and proxy tax under section 60(e)) Open to Public Inspection for Internal Revenue Service For calendar year 2011 or other tax year beginning, and ending 501(c) Organizations Only DEmployer identification number A Check box if Name of organization ( Check box if name changed and see instructions.) (Employees trust, see address changed instructions.) B Exempt under section Print NAVY PIER, INC. 27-481461 X 501( c )( ) or E Unrelated business activity codes Number, street, and room or suite no. If a P.O. box, see instructions. (See instructions.) Type 408(e) 220(e) 600 EAST GRAND AVENUE C Book value of all assets F Group exemption number (See instructions.) at end of year G Check organization type X 501(c) corporation 501(c) trust 401(a) trust Other trust 50744. H Describe the organization s primary unrelated business activity. SALE OF ADVERTISING SPACE I During the tax year, was the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? ~~~~~~ Yes X No If "Yes," enter the name and identifying number of the parent corporation. J The books are in care of MARGARET P. MURRAY Telephone number (12) 55-5 Part I Unrelated Trade or Business Income (A) Income (B) Expenses (C) Net 1a Gross receipts or sales 2 5 6 7 8 10 b b c Less returns and allowances c Balance ~~~ 11 Advertising (Schedule J) ~~~~~~~~~~~~~~~~~~~~ 11 12 Other (See instructions; attach schedule.) ~~~~~~~~~~~~ STATEMENT 1 12 26,250. 26,250. 1 Total. Combine lines through 12 1 26,250. 26,250. Part II Deductions Not Taken Elsewhere (See instructions for limitations on deductions.) (Except for contributions, deductions must be directly connected with the unrelated business.) 14 15 16 17 18 1 20 21 22 2 24 25 26 27 28 2 0 1 2 0-T 2011 408A 50(a) City or town, state, and ZIP code 52(a) CHICAGO, IL 60611-41 541800 Cost of goods sold (Schedule A, line 7) ~~~~~~~~~~~~~~~~~ Gross profit. Subtract line 2 from line 1c ~~~~~~~~~~~~~~~~ 4a Capital gain net (attach Schedule D) ~~~~~~~~~~~~~~~ Net gain (loss) (Form 477, Part II, line 17) (attach Form 477) ~~~~~~ Capital loss deduction for trusts ~~~~~~~~~~~~~~~~~~~~ Income (loss) from partnerships and S corporations (attach statement) ~~~ Rent (Schedule C) ~~~~~~~~~~~~~~~~~~~~~~ Unrelated debt-financed (Schedule E) ~~~~~~~~~~~~~~ Interest, annuities, royalties, and rents from controlled organizations (Sch. F)~ Investment of a section 501(c)(7), (), or (17) organization (Schedule G) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Exploited exempt activity (Schedule I) ~~~~~~~~~~~~~~ Compensation of officers, directors, and trustees (Schedule K) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Salaries and wages ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Repairs and maintenance Bad debts ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Interest ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Taxes and licenses ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Charitable contributions (See instructions for limitation rules.) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Depreciation (attach Form 4562) Less depreciation claimed on Schedule A and elsewhere on return Depletion Contributions to deferred compensation plans ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Total deductions. Add lines 14 through 28 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Unrelated business taxable before net operating loss deduction. Subtract line 2 from line 1 ~~~~~~~~~~~~ 4 Unrelated business taxable. Subtract line from line 2. If line is greater than line 2, enter the smaller of zero or line 2 12701 02-24-12 LHA For Paperwork Reduction Act Notice, see instructions. 1c 2 4a 4b 4c 5 6 7 8 10 ~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Employee benefit programs ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Excess exempt expenses (Schedule I) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Excess readership costs (Schedule J) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Other deductions ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SEE STATEMENT 2 Net operating loss deduction (limited to the amount on line 0) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Unrelated business taxable before specific deduction. Subtract line 1 from line 0 ~~~~~~~~~~~~~~~~~ Specific deduction (Generally $1,000, but see instructions for exceptions.) ~~~~~~~~~~~~~~~~~~~~~~~~ 21 22a 14 15 16 17 18 1 20 22b 2 24 25 26 27 28 2 0 1 2 4 2,120. 2,40. 5,060. 21,10. 21,10. 1,000. 20,10. Form 0-T (2011)
Form 0-T (2011) NAVY PIER, INC. 27-481461 Page Schedule C - Rent Income (From Real Property and Personal Property Leased With Real Property) (see instructions) 1. Description of property (a) 2. From personal property (if the percentage of rent for personal property is more than 10 but not more than 50) Rent received or accrued (b) From real and personal property (if the percentage of rent for personal property exceeds 50 or if the rent is based on profit or ) (a) Deductions directly connected with the in columns 2(a) and 2(b) Total 0. Total 0. (c) Total. Add totals of columns 2(a) and 2(b). Enter (b) Total deductions. here and on line 6, column (A) 0. Part I, line 6, column (B) 0. Schedule E - Unrelated Debt-Financed Income (see instructions). Deductions directly connected with or allocable from to debt-financed property 1. Description of debt-financed property or allocable to debtfinanced property (a) Straight line depreciation (b) Other deductions 4. Amount of average acquisition 5. Average adjusted basis 6. Column 4 divided 7. Gross 8. Allocable deductions debt on or allocable to debt-financed of or allocable to by column 5 reportable (column (column 6 x total of columns property debt-financed property 2 x column 6) (a) and (b)) Part I, line 7, column (A). Part I, line 7, column (B). ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 0. 0. Total dividends-received deductions included in column 8 0. Schedule F - Interest, Annuities, Royalties, and Rents From Controlled Organizations (see instructions) Exempt Controlled Organizations 1. Name of controlled organization 2.. 4. 5. Part of column 4 that is 6. Deductions directly Employer identification Net unrelated Total of specified included in the controlling connected with number (loss) (see instructions) payments made organization s gross in column 5 Nonexempt Controlled Organizations 7. Taxable Income 8. Net unrelated (loss). Total of specified payments 10. Part of column that is included 11. Deductions directly connected (see instructions) made in the controlling organization s with in column 10 gross J 12721 02-24-12 Add columns 5 and 10. Part I, line 8, column (A). Add columns 6 and 11. Part I, line 8, column (B). 0. 0. Form 0-T (2011)
Form 0-T (2011) NAVY PIER, INC. 27-481461 Schedule G - Investment Income of a Section 501(c)(7), (), or (17) Organization (see instructions) 1. Description of exploited activity 1. Description of 2. Amount of unrelated business from trade or business line 10, col. (A).. Expenses directly connected with production of unrelated business line 10, col. (B). Part I, line, column (A). 4. Net (loss) from unrelated trade or business (column 2 minus column ). If a gain, compute cols. 5 through 7.. Deductions Total deductions directly connected 4. Set-asides 5. and set-asides (col. plus col. 4) 5. Gross 6. Expenses from activity that attributable to is not unrelated column 5 business Part I, line, column (B). 0. 0. Schedule I - Exploited Exempt Activity Income, Other Than Advertising Income (see instructions) 7. Excess exempt expenses (column 6 minus column 5, but not more than column 4). Enter here and on page 1, Part II, line 26. 0. 0. 0. Schedule J - Advertising Income (see instructions) Part I Income From Periodicals Reported on a Consolidated Basis Page 4 1. Name of periodical. Direct advertising advertising costs 4. Advertising gain or (loss) (col. 2 minus col. ). If a gain, compute cols. 5 through 7. 5. Circulation 6. Readership costs 7. Excess readership costs (column 6 minus column 5, but not more than column 4). (carry to Part II, line (5)) 0. 0. 0. Part II Income From Periodicals Reported on a Separate Basis (For each periodical listed in Part II, fill in columns 2 through 7 on a line-by-line basis.) (5) 1271 02-24-12 1. Name of periodical from Part I. Direct advertising advertising costs line 11, col. (A). line 11, col. (B). 4. Advertising gain or (loss) (col. 2 minus col. ). If a gain, compute cols. 5 through 7. 5. Circulation 6. Readership costs 7. Excess readership costs (column 6 minus column 5, but not more than column 4). Enter here and on page 1, Part II, line 27., Part II (lines 1-5) 0. 0. 0. Schedule K - Compensation of Officers, Directors, and Trustees (see instructions). Percent of 4. Compensation attributable Title time devoted to 1. Name 2. to unrelated business business 0. 0. 0. Total. Part II, line 14 0. Form 0-T (2011)
NAVY PIER, INC. 27-481461 }}}}}}}}}}}}}}} }}}}}}}}}} ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ FORM 0-T OTHER INCOME STATEMENT 1 }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} DESCRIPTION AMOUNT }}}}}}}}}}} }}}}}}}}}}}}}} ADVERTISING SPACE 26,250. }}}}}}}}}}}}}} TOTAL TO FORM 0-T, PAGE 1, LINE 12 26,250. ~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ FORM 0-T OTHER DEDUCTIONS STATEMENT 2 }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} DESCRIPTION AMOUNT }}}}}}}}}}} }}}}}}}}}}}}}} SIGNAGE 2,40. }}}}}}}}}}}}}} TOTAL TO FORM 0-T, PAGE 1, LINE 28 2,40. ~~~~~~~~~~~~~~ STATEMENT(S) 1, 2