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Chicago finances
Chicago finances










that Rondeau enjoys lavish perks including first-class airfare, spousal travel and $5,000 annually in social and athletic club fees, all paid by the museum***?Īnd did you know. that the museum pays president James Rondeau total compensation of nearly $1 million a year**? That a museum employee with a starting salary of $45,000 would have to work for more than 18 years-and get 2% annual raises throughout-to earn that much? That it takes Rondeau just 10 working days to make more than $37,000-an amount comparable to what many museum employees (such as research associates, project coordinators, visitor experience representatives, custodians and retail staff) make in an entire year?ĭid you know. that just one month after the museum laid off 51 employees last June 2020, it reported $1.41 billion in net assets (including $480 million in unrestricted net assets), a $1.14 billion endowment and a total operating surplus of $68.5 million for the fiscal year*?ĭid you know.

chicago finances

Like there's a deep disconnect between the vast resources of the institution and the lavish pay and perks of senior leadership, and the low pay, layoffs, furloughs and pay freezes that many of us struggle with.Īnd that's not just a feeling. Increasingly it feels like the museum-which is supposed to be a mission-driven nonprofit-has its priorities out of order.

Chicago finances professional#

By forming our union, we can improve pay and benefits, expand professional development and advancement opportunities, and make the museum a place to develop a rewarding career, not just struggle to merely get by.

chicago finances

We're coming together to form our union motivated by a desire to have a voice in the decisions that affect us.










Chicago finances