CHICAGO SYMPHONY ORCHESTRA: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CHICAGO SYMPHONY ORCHESTRA (EIN 36-2167823)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-07
- IRS object ID
- 202531279349302808
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-07T14:19:28-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 South Wacker Dr Suite 3300 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606063392 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362167823 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Chicago Symphony Orchestra | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHIC | BusinessNameControlTxt |
| Phone | 3122943333 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 S Michigan Avenue | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606042559 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jeff Alexander | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 3122943301 | PhoneNum |
| Signature | 2025-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rebekuh Eley | PreparerPersonNm |
| PTIN | P01247672 | PTIN |
| Phone | 3126343400 | PhoneNum |
| Preparation | 2025-05-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Jeff Alexander | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 S Michigan Avenue | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606042559 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $369,516,247 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.cso.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1890 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | See Schedule O - Supplemental Information.With the Chicago Symphony Orchestra at its core, the mission of the Chicago Symphony Orchestra Association is to enrich, inspire and transform lives through music, community engagement and education - locally, nationally and internationally. | ActivityOrMissionDesc |
| Voting Members Governing Body | 123 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 122 | VotingMembersIndependentCnt |
| Total Employee | 1170 | TotalEmployeeCnt |
| Total Volunteers | 861 | TotalVolunteersCnt |
| Total Gross UBI | -$54,741 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $24,278,183 | PYContributionsGrantsAmt |
| CY Contributions Grants | $71,465,790 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $29,251,034 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $31,725,287 | CYProgramServiceRevenueAmt |
| PY Investment Income | $27,140,395 | PYInvestmentIncomeAmt |
| CY Investment Income | $22,081,209 | CYInvestmentIncomeAmt |
| PY Other Revenue | $158,110 | PYOtherRevenueAmt |
| CY Other Revenue | $197,161 | CYOtherRevenueAmt |
| PY Total Revenue | $80,827,722 | PYTotalRevenueAmt |
| CY Total Revenue | $125,469,447 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $52,682,226 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $54,321,705 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $285,301 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $219,655 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,498,311 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $32,633,656 | PYOtherExpensesAmt |
| CY Other Expenses | $34,080,272 | CYOtherExpensesAmt |
| PY Total Expenses | $85,601,183 | PYTotalExpensesAmt |
| CY Total Expenses | $88,621,632 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$4,773,461 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $36,847,815 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $515,186,651 | TotalAssetsBOYAmt |
| Total Assets EOY | $581,822,920 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $172,435,879 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $161,517,516 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $342,750,772 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $420,305,404 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | With the Chicago Symphony Orchestra at its core, the mission of the Chicago Symphony Orchestra Association is to enrich, inspire and transform lives through music, community engagement and education - locally, nationally and internationally. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $55,075,741 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $26,682,587 | RevenueAmt |
| Desc | Chicago Symphony Orchestra Concerts - During the 2023/24 Season, the Chicago Symphony Orchestra performed over 130 live concerts. A highlight of the season was the appointment of the CSO's 11th music director in its 133-year history, Klaus Makela, who conducted concerts in April. Now Zell Music Director Designate, he begins his initial five-year tenure as Zell Music Director in September 2027. Music Director Emeritus for Life Riccardo Muti led three programs in Chicago, two performances at Carnegie Hall, and the Orchestra's 64th international and 35th European tour. He also conducted the world premiere of a CSO commission by Philip Glass. In her final season as Mead Composer-in-Residence, Jessie Montgomery completed her third CSO-orchestral commission, Procession, a percussion concerto. More than 60 guest soloists and conductors appeared with the Orchestra, including 14 who made their CSO debuts. In addition, four Orchestra members performed as concerto soloists: Robert Chen, Stefan Ragnar Hoskuldsson, William Welter and Cynthia Yeh. CSO Artist-in-Residence Hilary Hahn performed Brahm's Violin Concerto to conclude her three-year term. Other highlights include a collaboration with the Jazz at Lincoln Center Orchestra with Wynton Marsalis, the world premiere of a CSO commission by American composer Lowell Liebermann, and performances with Japanese composer and conductor Joe Hisaishi. The Chicago Symphony Chorus performed works by Brahms, Holst, Handel, Mendelssohn and John Williams. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,278,166 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $3,838,753 | RevenueAmt |
| Desc | Symphony Center Presents Concerts - The Chicago Symphony Orchestra Association offers concerts by acclaimed guest artists in the fields of jazz, classical, world and folk music as part of the Symphony Center Presents series. The 23/24 Season featured over 30 concerts, including recital debuts by pianists Bruce Liu and Lucas and Arthur Jussen; three visiting orchestras, the Staatskapelle Berlin, Bavarian Radio Orchestra and Mahler Chamber Orchestra; and the SCP Jazz series debut of Samara Joy. Christian McBride led a musical tribute to civic rights icons and the all-Black Gateways Festival Orchestra also made its debut. Other artists and ensembles featured on the series included Eliades Ochoa, Anoushka Shankar, "The President's Own" United States Marine Band, Herbie Hancock, Evgeny Kissin and Yo-Yo Ma. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,426,431 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $75,433 | RevenueAmt |
| Desc | Civic Orchestra of Chicago - The Civic Orchestra of Chicago, the CSO's prestigious training program for young professional musicians, presented seven programs in Orchestra Hall and community venues, including South Shore Cultural Center, Nicholas Senn High School, Kenwood Academy High School and Fourth Presbyterian Church. In addition to gaining performance experience, Civic musicians participated in coaching sessions and workshops with Principal Conductor Ken-David Masur, CSO musicians and guest artists. Eleven Fellows participated in the Civic Fellowship program, which provides select Civic members with supplemental training in artistic planning, music education, social justice and project management. Civic Fellows collaborated with the Chicago Refugee Coalition in a new partnership this season. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (7 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $233,239 | $0 | $197,830 | Retail Sales - Music-related merchandise is available for purchase at The Symphony Store and online. |
| $454,452 | $0 | $30,594 | Media and Royalty - Radio Broadcast series, in-house recording label, audio recordings in compact disc and digital download formats. |
| $1,002,916 | $0 | $684,050 | Rentals, Commissions, and Restaurant - Hall Rentals - Performance space provided to Chicagoland arts organizations. |
| $95,350 | $0 | $420,000 | Rentals, Commissions, and Restaurant - Parking Lot provided for audiences' convenience to attend concerts. |
| $1,365,590 | $0 | -$517,585 | Rentals, Commissions, and Restaurant - A dining club and concessions are provided for audiences attending concerts and catering is provided for certain internal events. |
| $2,285,687 | $0 | $316,218 | Education Concerts and Activities - Across Chicago and around the world, the Negaunee Music Institute connects people to the extraordinary resources of the Chicago Symphony Orchestra. In the 2023/24 Season, the NMI presented 36 CSO for Kids concerts at Symphony Center, reaching 13,000 Chicago Public School students in 149 CPS schools. Training programs and performance opportunities for young musicians included the Crain-Maling Foundation CSO Young Artists Competition, Chicago Youth in Music Festival, Percussion Scholarship Program, Young Composers Initiative and partnerships with local schools and the Chicago Musical Pathways Initiative. The NMI continued to co-present Notes for Peace, a songwriting project that empowers parents who have lost children to gun violence to create original songs of tribute. |
| $109,104 | $0 | $195,237 | Other Program Services - Program Book Advertising |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $5,546,338 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $1,326,344 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $67,326,676 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 214 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1170 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 123 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 122 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Stacie M Frank VP and CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3122943301 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 S Michigan Avenue | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606042559 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (140 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Jeff Alexander | ||||||||
| President | 40.00 | Yes (X) | Yes (X) | $898,151 | $0 | $55,318 | ||
| Mary Louise Gorno | ||||||||
| Chair | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Chester A Gougis | ||||||||
| Vice Chair | 0.20 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Steven Shebik | ||||||||
| Vice Chair | 1.10 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Helen Zell | ||||||||
| Vice Chair | 0.80 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Renee Metcalf | ||||||||
| Treasurer | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| William Adams IV | ||||||||
| Life Trustee | 0.60 | Yes (X) | $0 | $0 | $0 | |||
| Mrs Robert A Beatty | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Arnold M Berlin | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Laurence O Booth | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| William G Brown | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Dean L Buntrock | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Bruce E Clinton | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Richard W Colburn | ||||||||
| Life Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Richard H Cooper | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Anthony T Dean | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Debora de Hoyos | ||||||||
| Life Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Charles Douglas | ||||||||
| Life Trustee (until 9/8/23) | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| John A Edwardson | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Thomas J Eyerman | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| James B Fadim | ||||||||
| Life Trustee | 0.40 | Yes (X) | $0 | $0 | $0 | |||
| David W Fox Sr | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Cyrus F Freidheim Jr | ||||||||
| Life Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Mrs Robert W Galvin | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Paul C Gignilliat | ||||||||
| Life Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Joseph B Glossberg | ||||||||
| Life Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Richard C Godfrey | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| William A Goldstein | ||||||||
| Life Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Howard L Gottlieb | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Mary Winton Green | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Dietrich Gross | ||||||||
| Life Trustee (until 1/8/24) | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| David P Hackett | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Joan W Harris | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| John H Hart | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Thomas C Heagy | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Jay L Henderson | ||||||||
| Life Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| William R Jentes | ||||||||
| Life Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Paul R Judy | ||||||||
| Life Trustee (until 2/24/24) | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Richard B Kapnick | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Donald G Kempf Jr | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Mrs John C Kern | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Robert Kohl | ||||||||
| Life Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Josef Lakonishok | ||||||||
| Life Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Charles Ashby Lewis | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Eva F Lichtenberg | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| John S Lillard | ||||||||
| Life Trustee (until 1/30/24) | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| John F Manley | ||||||||
| Life Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Ling Z Markovitz | ||||||||
| Life Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| R Eden Martin | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Arthur C Martinez | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Judith W McCue | ||||||||
| Life Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Lester H McKeever | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| David E McNeel | ||||||||
| Life Trustee | 0.40 | Yes (X) | $0 | $0 | $0 | |||
| James J O'Connor | ||||||||
| Life Trustee (until 7/31/23) | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| William A Osborn | ||||||||
| Life Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Mrs Albert Pawlick | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Jane DiRenzo Pigott | ||||||||
| Life Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| John M Pratt | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Dr Irwin Press | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| John W Rogers Jr | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Jerry Rose | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Frank A Rossi | ||||||||
| Life Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Earl J Rusnak Jr | ||||||||
| Life Trustee (until 2/14/24) | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| John R Schmidt | ||||||||
| Life Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Thomas C Sheffield Jr | ||||||||
| Life Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Robert C Spoerri | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Carl W Stern | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| William H Strong | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Louis C Sudler Jr | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Richard L Thomas | ||||||||
| Life Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Richard P Toft | ||||||||
| Life Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Penny Van Horn | ||||||||
| Life Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Paul R Wiggin | ||||||||
| Life Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| John Aalbregtse | ||||||||
| Trustee | 0.80 | Yes (X) | $0 | $0 | $0 | |||
| Peter J Barack | ||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| H Rigel Barber | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Randy Lamm Berlin | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Roderick Branch | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Kay Bucksbaum | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Robert J Buford | ||||||||
| Trustee | 0.40 | Yes (X) | $0 | $0 | $0 | |||
| Johannes Burlin | ||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Leslie Henner Burns | ||||||||
| Trustee | 0.80 | Yes (X) | $0 | $0 | $0 | |||
| Debra A Cafaro | ||||||||
| Trustee (until 3/14/24) | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Marion A Cameron-Gray | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| George P Colis | ||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Keith S Crow | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Stephen V D'Amore | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Timothy A Duffy | ||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Brian W Duwe | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Charles Emmons Jr | ||||||||
| Trustee | 0.60 | Yes (X) | $0 | $0 | $0 | |||
| Judith E Feldman | ||||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| Jennifer Goldstein | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Graham C Grady | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| John Holmes | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Lori Julian | ||||||||
| Trustee | 0.40 | Yes (X) | $0 | $0 | $0 | |||
| Neil T Kawashima | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Geraldine Keefe | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Donna L Kendall | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Thomas G Kilroy | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Randall S Kroszner | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Patty Lane | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Susan C Levy | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Vikram Luthar | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Britt M Miller | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Sharon Mitchell | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Toni Marie Montgomery | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Mary Pivirotto Murley | ||||||||
| Trustee | 0.40 | Yes (X) | $0 | $0 | $0 | |||
| Sylvia Neil | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Christopher O'Herlihy | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Santa J Ono | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Gerald L Pauling II | ||||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| Col Jennifer N Pritzker | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Dr Don M Randel | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Dr Mohan Rao | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Melissa M Root | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Burton X Rosenberg | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| E Scott Santi | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Marlon R Smith | ||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Walter Snodell | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Dr Eugene Stark | ||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Daniel E Sullivan Jr | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Scott C Swanson | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Nasrin Thierer | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Lisa Thomas | ||||||||
| Trustee | 0.60 | Yes (X) | $0 | $0 | $0 | |||
| Terrence J Truax | ||||||||
| Trustee (until 10/5/23) | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Frederick H Waddell | ||||||||
| Trustee | 0.40 | Yes (X) | $0 | $0 | $0 | |||
| Paul S Watford | ||||||||
| Trustee | 0.40 | Yes (X) | $0 | $0 | $0 | |||
| Craig R Williams | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Robert A Wislow | ||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Ann Marie Wright | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Gifford R Zimmerman | ||||||||
| Trustee | 0.20 | Yes (X) | $0 | $0 | $0 | |||
| Stacie M Frank | ||||||||
| VP, CFO, & Assistant Treasurer | 40.00 | Yes (X) | $315,880 | $0 | $28,809 | |||
| Dale Hedding | ||||||||
| VP for Development | 40.00 | Yes (X) | $320,202 | $0 | $23,576 | |||
| Kristine Stassen | ||||||||
| Secretary | 40.00 | Yes (X) | $79,303 | $0 | $22,383 | |||
| Vanessa Moss | ||||||||
| VP for Operations | 40.00 | $279,237 | $0 | $31,928 | Yes (X) | |||
| Robert Chen | ||||||||
| Concertmaster | 40.00 | $566,546 | $0 | $79,240 | Yes (X) | |||
| Riccardo Muti | ||||||||
| Music Director | 40.00 | $628,175 | $0 | $0 | Yes (X) | |||
| Stephen Williamson | ||||||||
| Principal Clarinet | 40.00 | $332,961 | $0 | $75,867 | Yes (X) | |||
| Esteban Batallan Cons | ||||||||
| Principal Trumpet | 40.00 | $355,107 | $0 | $51,963 | Yes (X) | |||
| John Sharp | ||||||||
| Principal Cello | 40.00 | $329,302 | $0 | $74,949 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,104,864 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $444,033 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 134 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| TravTours | |||||
| 71-703 Highway 111 Suite 2E | Rancho Mirage | CA | 92270 | Travel Services | $2,346,148 |
| Riccardo Muti | |||||
| 220 S Michigan Avenue | Chicago | IL | 606042559 | Artist Performances | $1,931,174 |
| Levy Restaurant | |||||
| 980 N Michigan Avenue | Chicago | IL | 60611 | Restaurant, Concessions Stand Services | $1,433,733 |
| Allied Advertising Limited Partnership | |||||
| 55 Cambridge Parkway Suite 200 | Boston | MA | 02142 | Marketing Print, Media Services | $1,313,644 |
| McDermott Will & Emery LLP | |||||
| 444 W Laket Street Suite 4000 | Chicago | IL | 60606 | Legal Services | $781,889 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 31 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,880,978 | FundraisingAmt |
| Government Grants | $400,000 | GovernmentGrantsAmt |
| All Other Contributions | $69,184,812 | AllOtherContributionsAmt |
| Noncash Contributions | $4,032,842 | NoncashContributionsAmt |
| Total Contributions | $71,465,790 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Ticket Sales | 711130 | $23,004,033 | $23,004,033 | |
| Performance/Streaming Fees | 711130 | $6,624,717 | $6,624,717 | |
| Other Program Related Revenue | 711130 | $1,249,236 | $1,249,236 | |
| Facility Rental Revenue | 711130 | $684,050 | $684,050 | |
| Parking Lot Rental Revenue | 711130 | $420,000 | $420,000 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$256,749 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $48,615 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $195,236 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$500,600 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $31,725,287 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,776,793 | TotalRevenueColumnAmt |
| Exclusion | $9,776,793 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $174,415 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $333,104 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$158,689 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$158,689 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$158,689 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $255,232,029 | SecuritiesAmt |
| Other | $1,215 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $242,928,828 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,303,201 | SecuritiesAmt |
| Other | $1,215 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,304,416 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$215,360 | UnrelatedBusinessRevenueAmt |
| Exclusion | $12,519,776 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $608,877 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,880,978 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $574,929 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $33,948 | TotalRevenueColumnAmt |
| Exclusion | $33,948 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $531,841 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $209,939 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $321,902 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $197,830 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $124,072 | UnrelatedBusinessRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $125,469,447 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $31,808,481 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$54,741 | UnrelatedBusinessRevenueAmt |
| Exclusion | $22,249,917 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,055,238 | TotalAmt |
| Program Services | $325,131 | ProgramServicesAmt |
| Management And General | $1,376,355 | ManagementAndGeneralAmt |
| Fundraising | $353,752 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,951,958 | TotalAmt |
| Program Services | $34,391,901 | ProgramServicesAmt |
| Management And General | $3,504,447 | ManagementAndGeneralAmt |
| Fundraising | $2,055,610 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,620,392 | TotalAmt |
| Program Services | $2,440,133 | ProgramServicesAmt |
| Management And General | $113,816 | ManagementAndGeneralAmt |
| Fundraising | $66,443 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,031,285 | TotalAmt |
| Program Services | $5,474,401 | ProgramServicesAmt |
| Management And General | $1,028,280 | ManagementAndGeneralAmt |
| Fundraising | $528,604 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,662,832 | TotalAmt |
| Program Services | $2,144,900 | ProgramServicesAmt |
| Management And General | $344,456 | ManagementAndGeneralAmt |
| Fundraising | $173,476 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $403,745 | TotalAmt |
| Program Services | $505,451 | ProgramServicesAmt |
| Management And General | -$101,706 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,846 | TotalAmt |
| Management And General | $170,846 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $219,655 | TotalAmt |
| Fundraising | $219,655 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,066,923 | TotalAmt |
| Management And General | $1,066,923 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,975,553 | TotalAmt |
| Program Services | $6,863,468 | ProgramServicesAmt |
| Management And General | $1,097,458 | ManagementAndGeneralAmt |
| Fundraising | $14,627 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,799,684 | TotalAmt |
| Program Services | $3,331,730 | ProgramServicesAmt |
| Management And General | $241,374 | ManagementAndGeneralAmt |
| Fundraising | $226,580 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $845,654 | TotalAmt |
| Program Services | $481,689 | ProgramServicesAmt |
| Management And General | $231,826 | ManagementAndGeneralAmt |
| Fundraising | $132,139 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $530,580 | TotalAmt |
| Program Services | $302,221 | ProgramServicesAmt |
| Management And General | $145,452 | ManagementAndGeneralAmt |
| Fundraising | $82,907 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,912,755 | TotalAmt |
| Program Services | $2,351,601 | ProgramServicesAmt |
| Management And General | $262,996 | ManagementAndGeneralAmt |
| Fundraising | $298,158 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,042,270 | TotalAmt |
| Program Services | $2,911,697 | ProgramServicesAmt |
| Management And General | $87,696 | ManagementAndGeneralAmt |
| Fundraising | $42,877 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,929 | TotalAmt |
| Program Services | $27,740 | ProgramServicesAmt |
| Management And General | $3,595 | ManagementAndGeneralAmt |
| Fundraising | $31,594 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,642,868 | TotalAmt |
| Management And General | $5,642,868 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,799,675 | TotalAmt |
| Program Services | $3,486,489 | ProgramServicesAmt |
| Management And General | $313,186 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $365,074 | TotalAmt |
| Management And General | $365,074 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Credit Card Fees | $944,327 | $875,652 | $8,330 | $60,345 |
| Music License Fees & In | $876,892 | $721,625 | $155,031 | $236 |
| Equipment Rentals | $277,951 | $277,951 | ||
| Catering | $207,182 | $93,024 | $21,431 | $92,727 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,155,364 | TotalAmt |
| Program Services | $319,872 | ProgramServicesAmt |
| Management And General | $716,911 | ManagementAndGeneralAmt |
| Fundraising | $118,581 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,621,632 | TotalAmt |
| Program Services | $67,326,676 | ProgramServicesAmt |
| Management And General | $16,796,645 | ManagementAndGeneralAmt |
| Fundraising | $4,498,311 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,254,402 | BOYAmt |
| EOY | $2,167,440 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,452,604 | BOYAmt |
| EOY | $7,133,640 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,407,854 | BOYAmt |
| EOY | $44,574,446 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $687,668 | BOYAmt |
| EOY | $1,144,410 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,348 | BOYAmt |
| EOY | $165,762 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,479,453 | BOYAmt |
| EOY | $1,421,108 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $183,486,954 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $112,242,112 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,968,106 | BOYAmt |
| EOY | $71,244,842 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $305,753,015 | BOYAmt |
| EOY | $354,783,057 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,683,693 | BOYAmt |
| EOY | $98,746,202 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $341,508 | BOYAmt |
| EOY | $442,013 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $515,186,651 | BOYAmt |
| EOY | $581,822,920 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,992,382 | BOYAmt |
| EOY | $8,491,811 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,250,118 | BOYAmt |
| EOY | $11,802,572 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,373,380 | BOYAmt |
| EOY | $117,112,793 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,819,999 | BOYAmt |
| EOY | $24,110,340 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,435,879 | BOYAmt |
| EOY | $161,517,516 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,333,690 | BOYAmt |
| EOY | $140,199,153 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $243,417,082 | BOYAmt |
| EOY | $280,106,251 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $342,750,772 | BOYAmt |
| EOY | $420,305,404 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $515,186,651 | BOYAmt |
| EOY | $581,822,920 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $36,847,815 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $33,225,516 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $7,481,301 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $37,636,059 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $49,216,933 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $62,198,360 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $24,278,183 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $71,465,790 | CurrentTaxYearAmt |
| Total | $244,795,325 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $37,636,059 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $49,216,933 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $62,198,360 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $24,278,183 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $71,465,790 | CurrentTaxYearAmt |
| Total | $244,795,325 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $55,032,829 | SubstantialContributorsTotAmt |
| Public Support Total170 | $189,762,496 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,984,289 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,103,490 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,774,794 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,778,186 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,776,793 | CurrentTaxYearAmt |
| Total | $30,417,552 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $435,185 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $82,651 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $55,282 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $33,948 | CurrentTaxYearAmt |
| Total | $607,066 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $275,819,943 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $108,562,997 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.68800 | PublicSupportCY170Pct |
| Public Support PY170 | 0.73290 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $373,349,000 | BeginningYearBalanceAmt |
| Contributions | $25,262,000 | ContributionsAmt |
| Investment Earnings Or Losses | $50,888,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $18,357,000 | OtherExpendituresAmt |
| End Year Balance | $431,142,000 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $359,969,000 | BeginningYearBalanceAmt |
| Contributions | $1,238,000 | ContributionsAmt |
| Investment Earnings Or Losses | $30,116,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $17,974,000 | OtherExpendituresAmt |
| End Year Balance | $373,349,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $403,275,000 | BeginningYearBalanceAmt |
| Contributions | $17,516,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$45,302,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $15,520,000 | OtherExpendituresAmt |
| End Year Balance | $359,969,000 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $309,653,000 | BeginningYearBalanceAmt |
| Contributions | $15,890,000 | ContributionsAmt |
| Investment Earnings Or Losses | $93,768,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $16,036,000 | OtherExpendituresAmt |
| End Year Balance | $403,275,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $323,051,000 | BeginningYearBalanceAmt |
| Contributions | $5,327,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,464,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $15,261,000 | OtherExpendituresAmt |
| End Year Balance | $309,653,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.39900 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.47500 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.12600 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,475,169 | OtherCostOrOtherBasisAmt |
| Book Value | $25,475,169 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $126,705,055 | OtherCostOrOtherBasisAmt |
| Depreciation | $88,964,506 | DepreciationAmt |
| Book Value | $37,740,549 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $206,106 | OtherCostOrOtherBasisAmt |
| Depreciation | $133,255 | DepreciationAmt |
| Book Value | $72,851 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,707,530 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,218,346 | DepreciationAmt |
| Book Value | $1,489,184 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,393,094 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,926,005 | DepreciationAmt |
| Book Value | $6,467,089 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $71,244,842 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Alternative investments - Absolute return | $33,099,403 | F |
| Private equity | $44,667,102 | F |
| Real assets | $12,319,491 | F |
| Beneficial interest in trust | $8,660,206 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $98,746,202 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Pension benefits | $18,499,917 |
| Other long-term liabilities | $1,185,218 |
| Interest rate swap contracts | $4,425,205 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $24,110,340 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $165,298,091 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $33,225,516 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $783,408 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $5,769,887 | OtherRevenueAmt |
| Revenue Not Reported | $39,778,811 | RevenueNotReportedAmt |
| Revenue Subtotal | $125,519,280 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,066,923 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$1,116,756 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$49,833 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $125,469,447 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $87,743,459 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $783,408 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | -$594,658 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $188,750 | ExpensesNotReportedAmt |
| Expenses Subtotal | $87,554,709 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,066,923 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $1,066,923 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $88,621,632 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | The Investment Committee, which oversees all the Corporation's investments, operates under investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs, while seeking to maintain the purchasing power of the endowment assets. Under these policies, the endowment assets are invested in a manner that, over time, will meet the long-term objective of a 5 percent real return on assets. The Corporation's policy is to preserve the historical dollar value of permanently restricted contributions, and to use any of the investment returns as is prudent considering the Corporation's long- and short-term needs, resources, duration and preservation of donor-restricted endowment funds, donor restrictions, expected total return on its investments, price level trends, general economic conditions, and investment policies. |
| Part X, Line 2: | The Corporation follows the standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Corporation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Corporation, continued tax-exempt status of bonds payable, and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the reporting periods presented in the financial statements. The Corporation files Form 990 in the U.S. federal jurisdiction and the state of Illinois. |
| Part XI, Line 2d - Other Adjustments: | Change in Pension Plan Assets and Benefit Obligations 5,769,887. |
| Part XI, Line 4b - Other Adjustments: | Rental Expenses (Part VIII, Line 6b) -333,104. Cost of Goods Sold (Part VIII, Line 10b) -209,939. Gain (Loss) on Sale of Other Assets (Part VIII, Line 7c(ii)) 1,215. Special Events Expense (Part VIII, Line 8b) -574,928. |
| Part XII, Line 2d - Other Adjustments: | Rental expenses (Part VIII, Line 6b) 333,104. Cost of goods sold (Part VIII, Line 10b) 209,939. Gain (loss) on sale of other assets (Part VIII, Line 7c(ii)) -1,215. Interest Rate Swap -1,711,414. Special Events Expense (Part VIII, Line 8b) 574,928. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Alternative Investments (Hedged Equity, Absolute Return and Private Equity) in the Cayman Islands. | $42,564,310 | |
| Europe (Including Iceland & Greenland) | 0 | 0 | Program Services | $3,078,806 | European Tour - Chicago Symphony Orchestra performed 14 concerts in Brussels, Essen, Frankfurt, Vienna, Budapest, Torino, Milan, Rome, Luxembourg, Paris, and Cologne. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $45,643,116 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $45,643,116 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DCM Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 261 West 35th Street Suite 600 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Telefundraising Campaigns | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $475,816 | GrossReceiptsAmt |
| Retained By Contractor | $219,655 | RetainedByContractorAmt |
| Net To Organization | $256,161 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $475,816 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $219,655 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $256,161 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Symphony Ball | Event1Nm |
| Gross Receipts Event1 | $1,052,555 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $889,192 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $163,363 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $7,537 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $176,113 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $11,925 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $124,618 | OtherDirectExpensesEvent1Amt |
| Event2 | Corporate Night | Event2Nm |
| Gross Receipts Event2 | $653,629 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $480,386 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $173,243 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $11,306 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $50,817 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $500 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $25,795 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 4 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $783,671 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $511,400 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $272,271 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $103,056 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $2,125 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $61,137 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $2,489,855 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,880,978 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $608,877 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $18,843 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $329,986 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $14,550 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $211,550 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $574,929 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $33,948 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jeff Alexander | ||||||||||||||
| President | $786,602 | $0 | $100,500 | $0 | $11,049 | $0 | $35,000 | $0 | $20,318 | $0 | $953,469 | $0 | $0 | $0 |
| Robert Chen | ||||||||||||||
| Concertmaster | $566,270 | $0 | $0 | $0 | $276 | $0 | $28,485 | $0 | $50,755 | $0 | $645,786 | $0 | $0 | $0 |
| Riccardo Muti | ||||||||||||||
| Music Director | $628,175 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $628,175 | $0 | $0 | $0 |
| Stephen Williamson | ||||||||||||||
| Principal Clarinet | $332,685 | $0 | $0 | $0 | $276 | $0 | $25,996 | $0 | $49,871 | $0 | $408,828 | $0 | $0 | $0 |
| Esteban Batallan Cons | ||||||||||||||
| Principal Trumpet | $354,987 | $0 | $0 | $0 | $120 | $0 | $15,734 | $0 | $36,229 | $0 | $407,070 | $0 | $0 | $0 |
| John Sharp | ||||||||||||||
| Principal Cello | $327,778 | $0 | $0 | $0 | $1,524 | $0 | $37,985 | $0 | $36,964 | $0 | $404,251 | $0 | $0 | $0 |
| Stacie M Frank | ||||||||||||||
| VP, CFO, & Assistant Treasurer | $314,888 | $0 | $500 | $0 | $492 | $0 | $11,990 | $0 | $16,819 | $0 | $344,689 | $0 | $0 | $0 |
| Dale Hedding | ||||||||||||||
| VP for Development | $318,291 | $0 | $500 | $0 | $1,411 | $0 | $12,942 | $0 | $10,634 | $0 | $343,778 | $0 | $0 | $0 |
| Vanessa Moss | ||||||||||||||
| VP for Operations | $276,872 | $0 | $500 | $0 | $1,865 | $0 | $15,025 | $0 | $16,903 | $0 | $311,165 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | Charter travel is provided for all employees during certain foreign and domestic tours when deemed more economical. |
| Part I, Line 7 | Annually, the Chair of the Board reviews and approves any bonus payment for the President. Other bonuses paid to listed employees in 2023 were approved by the Chair of the Board. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| Illinois Finance Authority-Part II-Col A | ||||||||
| A | 861091967 | 45200FGY9 | 2008-05-29 | $83,015,000 | See Part VI | 0 | 0 | 0 |
| Illinois Finance Authority-Part II-Col B | ||||||||
| B | 861091667 | 000000000 | 2018-06-01 | $46,100,000 | See Part VI | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | RetiredRetiredAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $83,015,000 | $620,000 | $81,364,393 | $722,487 | $308,120 | 1997 | Yes (1) | 0 | Yes (1) | Yes (1) | |
| B | $46,100,000 | 1997 | Yes (1) | 0 | Yes (1) | Yes (1) | $11,500,000 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | Yes (1) | Yes (1) | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | Yes (1) | Yes (1) | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Date Rebate Computation Performed | Issuer Name: Illinois Finance Authority-Part II-Col A Date the Rebate Computation was Performed: 05/20/2013 Issuer Name: Illinois Finance Authority-Part II-Col B Date the Rebate Computation was Performed: 06/01/2018 |
| Schedule K Supplental Information | Part I, Line A, Column (f): The Bonds were issued to (i) refinance a line of credit to the Chicago Symphony Orchestra (the Symphony) from the Northern Trust Company (the Line of Credit) and pay or reimburse the Symphony for certain costs relating to the conversion of the interest rate mode (the Series 2002 Conversion) on the $80,650,000 original aggregate principal amount of the Illinois Educational Facilities Authority Revenue Refunding Bonds, Chicago Symphony Orchestra, Series 2002 (the Series 2002 Bonds) and (ii) pay a portion of the interest on the Bonds and certain costs of issuance of the Bonds (including credit enhancement). The proceeds of the Line of Credit were used to finance a portion of the costs of (i) financing the mandatory purchase of the Series 2002 Bonds by the Symphony in connection with the Series 2002 Conversion, (ii) paying certain costs and expenses related to (a) the incurrence and maintenance of the Line of Credit, and (b) the Series 2002 Conversion, and (iii) paying accrued interest on the Line of Credit. The Series 2002 Bonds were issued on December 19, 2002 to refund all of the $77,900,000 original aggregate principal amount of the Illinois Development Finance Authority Variable/Fixed Rate Demand Revenue Bonds, Series 1996 (Chicago Symphony Orchestra Project) (the Series 1996 Bonds), (ii) pay a portion of interest on the Series 2002 Bonds, and (iii) pay a portion of costs of issuance (including bond insurance premium). The 1996 Bonds were issued on June 12, 1996 to (i) finance, refinance and reimburse the Symphony for certain costs relating to the renovation and expansion of Orchestra Hall and surrounding properties, (ii) pay a portion of interest on the Series 1996 Bonds, (iii) pay or reimburse the Symphony for a portion of the interest on the $50,000,000 Illinois Development Finance Authority Variable/Fixed Rate Demand Revenue Bonds, Series 1994 (Chicago Symphony Orchestra Project), and (iv) pay certain costs relating to letters of credit and costs of issuance. Schedule K, Supplemental Information: Part I, Line B, Column (f): The Bonds were issued to currently refund the $50,000,000 original aggregate principal amount Illinois Development Finance Authority Variable/Fixed Rate Demand Revenue Bonds, Series 1994 (Chicago Symphony Orchestra Project) (the Series 1994 Bonds). The Series 1994 Bonds were issued on June 23, 1994. The Series 1994 Bonds were issued to (i) finance or reimburse a portion of the costs of facilities of the Symphony ( the Prior Project), (ii) refinance a loan made from The Northern Trust Company to the Symphony for the purpose of paying the costs of a feasibility study relating to the Prior Project and funding an earnest money deposit relating to the acquisition of certain real estate on which a portion of the Prior Project is now located, (iii) refinance a loan made from The Northern Trust Company and The Sanwa Bank, Limited, acting through its Chicago branch, to the Symphony for the purpose of paying the costs of the acquisition of real estate (including buildings located thereon) on which a portion of the Prior Project is now located, (iv) finance the payment of a portion of the interest on the Series 1994 Bonds during the period of completion of the Prior Project, (v) pay certain costs relating to the issuance and maintenance of a credit facility during the period of completion of the Prior Project and (vi) pay certain costs relating to the issuance of the Series 1994 Bonds. |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $5,439 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Fair Market Value | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 78 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,874,937 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV - Stock gifts | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Airfare Miles | 1 | $127,600 | Fair Market Value |
| Yes (X) | Cough Drops | 1 | $18,409 | Fair Market Value |
| Yes (X) | Food and Wine | 1 | $3,457 | Fair Market Value |
| Yes (X) | Marimba Mallets | 1 | $2,000 | Fair Market Value |
| Yes (X) | Audio Rental Equipment | 1 | $1,000 | Fair Market Value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | Line 9: The number of contributions for the Securities - publicly traded is the number of stock gifts received, not the number of donors or shares contributed. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Business Relationship 1: Jay L. Henderson, E. Scott Santi Business Relationship 2: Terrence J. Truax, Melissa M. Root Business Relationship 3: Debora de Hoyos, Britt M. Miller, John R. Schmidt Business Relationship 4: Jay L. Henderson, Susan C. Levy Business Relationship 5: Debra A. Cafaro, Scott C. Swanson Business Relationship 6: Gerald L. Pauling II, Burton X. Rosenberg Business Relationship 7: Walter Carlson (spouse of Debora de Hoyos), Charles W. Douglas, R. Eden Martin |
| Form 990, Part VI, Section A, line 6 | The members of the Chicago Symphony Orchestra (the "Corporation") are designated as Governing Members. Governing Members are elected from among persons who have demonstrated a significant interest in the CSO and who meet such additional criteria as the Board of Trustees may from time to time determine. |
| Form 990, Part VI, Section A, line 7a | Governing Members ratify the election of Governing Members and, at each Annual Meeting, the fully ratified Governing Members elect Regular and Life Trustees. |
| Form 990, Part VI, Section B, line 11b | The governing body receives a copy of the 990 without the inclusion of the Schedule A "Identification of Excess Contributions or the names and addresses of contributors listed in Part I of Schedule B, "Schedule of Contributors". The CSO's tax advisor, RSM, prepares the Form 990 using the audited financial statements and supporting schedules prepared by CSO staff. Staff and the tax advisor discuss and review the entire Form 990 and Form 990-T with members of the CSO Audit Committee, who review and accept it before it is filed as set forth in the Committee Authority and Responsibility section of the Audit Committee charter. The 2023 Form 990 and Form 990-T were reviewed and approved at the April 29, 2025 meeting of the Audit Committee. |
| Form 990, Part VI, Section B, line 12c | The CSO maintains a Conflict of Interest Policy that applies to all trustees, the Executive Committees of certain auxiliary operations operating under the CSO's bylaws, senior management and other designated staff members, and non-trustee members of Trustee committees. The Policy requires each person to whom the policy applies to complete an annual disclosure questionnaire that discloses any business or financial interest, which might reasonably be expected to give rise to a possible conflict between the interest of the CSO and the interest of such person. To the extent that the required disclosure questionnaire cannot be obtained after multiple attempts, alternative procedures are completed by staff and the Audit Committee to reasonably conclude whether any conflicts exist. The Policy forbids such individuals from voting on or using their personal influence in connection with such business or financial issues. In the event the CSO does conduct business with a related party, the financial terms of those relationships are reported annually to the Audit Committee, whose members are independent per the terms of its charter. The CSO requires each non-union employee to conduct themselves in accordance with the code of Business Conduct and Ethics, approved by the Board of Trustees, and to sign an annual statement acknowledging their understanding of and compliance with the Code. |
| Form 990, Part VI, Section B, line 15 | The process for determining the compensation of the President included a meeting on June 27, 2024, of the Human Resources Committee, which was comprised of five independent trustees and two non-trustees. The Committee reviewed the compensation arrangements and peer benchmark data based on size of budget and scope of management responsibility. Published compensation surveys for non-profit organizations were also reviewed. Recommendations were made to the Committee and accepted, and the deliberations of the Committee were documented in the minutes of the meeting. The process for determining the compensation of other officers or key employees included a meeting on June 27, 2024, of the Human Resources Committee, which was comprised of five independent trustees and two non-trustees. The Committee reviewed the compensation arrangements and peer benchmark data based on size of budget and scope of management responsibility. Published compensation surveys for non-profit organizations were also reviewed. Recommendations were made to the Committee and accepted, and the deliberations of the Committee were documented in the minutes of the meeting. |
| Form 990, Part VI, Section C, line 19 | Financial statements, governing documents and conflict of interest policy are available to the public upon request pursuant to the guidelines of Section 6104(D). |
| Form 990, Part XI, line 9: | Interest rate swap fair value adjustments 1,711,414. Changes in pension plan assets and benefit obligations 5,769,887. |