The purposes for which the Art Institute of Chicago is formed are: to found, build, maintain, and operate museums, schools, libraries of art, and theaters; to provide support facilities in connection therewith; to conduct appropriate activities conducive to the artistic development of the region; and to conduct and participate in appropriate activities of national and international significance;
To form, conserve, research, publish, and exhibit a permanent collection of objects of art of all kinds; to present temporary exhibitions that include loaned objects of art of all kinds; and to cultivate and extend the arts by appropriate means;
To establish and conduct comprehensive programs of education, including presentation of visual artists, teachers of art, and designers; to provide educational services in written, spoken, and media formats;
To provide lectures, instruction, and entertainment, including dramatic, film, and musical performances of all kinds, which complement and further the general purposes of the institute;
To receive in trust property of all kinds and to exercise all necessary powers as trustee for such trust estates whose objects are related to the furtherance of the general purposes of the institute or for the establishment or maintenance of works of art.