2017-08-14T16:37:07-05:00 2016-09-30 381357951 PLANTE & MORAN PLLC 10 S Riverside Plaza 9th Floor Chicago IL 60606 990 2015-10-01 366002273 RAVINIA FESTIVAL ASSOCIATION RAVI 8472665000 418 SHERIDAN ROAD HIGHLAND PARK IL 60035 WELZ KAUFFMAN PRESIDENT & CEO 8472665000 2017-08-01 1 David Lowenthal P00378651 3122071040 2017-08-01 2015 2021-01-29 14:40:06Z WELZ KAUFFMAN 418 SHERIDAN ROAD HIGHLAND PARK IL 60035 51492135 0 X WWW.RAVINIA.ORG X 1936 IL To present world-class music, dance, theatre and cultural presentations. 69 68 790 250 175340 11900 23061914 15603436 23352306 24157176 1728875 1112246 383459 72403 48526554 40945261 0 0 0 0 9901327 10572725 0 0 3049870 27449741 30832487 37351068 41405212 11175486 -459951 170786598 182007462 4212412 8125451 166574186 173882011 X RAVINIA IS AN INTERNATIONALLY RENOWNED, NOT-FOR-PROFIT MUSIC FESTIVAL THAT PRESENTS OUTSTANDING PERFORMANCES BY THE WORLD'S GREATEST ARTISTS. RAVINIA'S PRINCIPAL OBJECTIVES ARE: -TO PRESENT PERFORMANCES OF A FULL RANGE OF CLASSICAL MUSIC IN ITS OPEN-AIR PAVILION AND ENCLOSED RECITAL HALLS, BY THE WORLD'S GREATEST COMPOSERS AND MUSICIANS, ALONG WITH A VARIETY OF OTHER KINDS OF LIGHT CLASSICAL, JAZZ AND POPULAR MUSIC. -TO MAINTAIN A BEAUTIFUL PARK THAT IS WELCOMING TO ALL AND ATTRACTIVE TO FAMILIES IN WHICH THE MUSIC EXPERIENCE IS ENHANCED BY A BEAUTIFUL ENVIRONMENT AND EXCELLENT DINING OPPORTUNITIES.-TO ENABLE GIFTED YOUNG PERFORMERS TO STUDY UNDER GREAT TEACHERS AND PERFORM IN CONCERT SETTINGS.AND TO DEVELOP BROADER AND MORE DIVERSE AUDIENCES FOR CLASSICAL MUSIC THROUGH EDUCATION AND OUTREACH PROGRAMS AND BY MAINTAINING AFFORDABLE TICKET PRICES. 0 0 30124193 23155525 FOUNDED IN 1904, RAVINIA IS THE OLDEST OUTDOOR MUSIC FESTIVAL IN NORTH AMERICA AND PRESENTS A WIDE-RANGING SERIES OF CONCERTS REACHING APPROXIMATELY 600,000 VISITORS OF DIVERSE BACKGROUNDS EACH SUMMER SEASON. CLASSICAL MUSIC IS CENTRAL TO THE MISSION OF RAVINIA, WHICH HAS HOSTED THE CHICAGO SYMPHONY ORCHESTRA IN SUMMER RESIDENCE SINCE 1936. RAVINIA ANNUALLY PRESENTS MORE THAN 120 SEPARATE EVENTS OVER THE SUMMER MONTHS OF JUNE THROUGH SEPTEMBER. CONCERTS RANGE FROM POP, JAZZ, WORLD MUSIC, DANCE AND MUSIC THEATER, WITH A SPECIAL EMPHASIS ON CLASSICAL MUSIC. 1539238 98981 Ravinia operates a professional studies program, The Steans Music Institute (RSMI), through which serious artists around the world compete for 70 annual fully paid fellowships to hone their performance techniques with celebrated music masters. RSMI is a rigorous and acclaimed study program in which the finest up-and-coming musicians can study with masters in their field, often the very artists performing at Ravinia. Participants give a combination of free concerts prior to paid events at Ravinia Festival, as well as low-priced stand-alone concerts, affording them the opportunity to experience audience reaction while providing Ravinia audiences a chance to witness tomorrow's stars today. 1925816 Through Ravinia's REACH*TEACH*PLAY Education Programs, over 75,000 people are served each year in the Chicago Public Schools and beyond, ensuring that great music remains accessible to all. Ravinia provides programs that access and spark a curiosity to learn more about music. Programs are offered that expand the understanding and enjoyment of music and programs that foster the development of young musicians through training and encouragment. Ravinia provides music education programs to 18,000 public school students, returning music to budget-strapped schools in Chicago's and Lake County's underserved neighborhoods, free family music programs through a community conservancy in Lawndale, an intense orchestra training, Sistema training program at Circle Rock Charter School in Chicago and at Ravinia for Waukegan school children, and a jazz scholars program for talented high school students. In addition, Ravinia provides free passes to provide access to concerts throughout the summer through partnerships with 200 social service agencies. 33589247 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 267 0 1 790 1 1 1 0 0 0 0 1 1 0 0 0 0 X 69 68 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X RAVINIA FESTIVAL ASSOCIATION 8472665000 418 SHERIDAN ROAD HIGHLAND PARK IL 60035 WELZ KAUFFMAN PRESIDENT & CEO 40.00 X X 691897 0 364876 JOHN L ANDERSON CHAIRPERSON 5.00 X X 0 0 0 RICHARD H LENNY VICE CHAIRMAN 3.00 X X 0 0 0 JENNIFER W STEANS VICE CHAIRMAN & TREASURER 3.00 X X 0 0 0 E SCOTT SANTI SECRETARY 3.00 X X 0 0 0 JAMES D ABRAMS TRUSTEE 0.50 X 0 0 0 KEENE H ADDINGTON III TRUSTEE 0.50 X 0 0 0 LARRY A BARDEN TRUSTEE 0.50 X 0 0 0 DARRYL BRADFORD TRUSTEE 0.50 X 0 0 0 JANE D CASPER TRUSTEE 0.50 X 0 0 0 JUDY CASTELLINI TRUSTEE 0.50 X 0 0 0 STEPHEN M CHIPMAN TRUSTEE 0.50 X 0 0 0 DON CIVGIN TRUSTEE 0.50 X 0 0 0 RICHARD W COLBURN TRUSTEE 0.50 X 0 0 0 BOBBIE B DENISON TRUSTEE 0.50 X 0 0 0 JEANNE M DENISON TRUSTEE 0.50 X 0 0 0 CHRISTOPHER A DEVENY TRUSTEE 0.50 X 0 0 0 ANNETTE G DEZELAN TRUSTEE 0.50 X 0 0 0 TADASHI ENAMI TRUSTEE 0.50 X 0 0 0 CLIFTON FENTON TRUSTEE 0.50 X 0 0 0 VENITA E FIELDS TRUSTEE 0.50 X 0 0 0 MICHAEL M FROY TRUSTEE 0.50 X 0 0 0 DAVE GASPAR TRUSTEE 0.50 X 0 0 0 MARK D GERSTEIN TRUSTEE 0.50 X 0 0 0 MICHAEL R GERVASIO TRUSTEE 0.50 X 0 0 0 JAMES T GLERUM JR TRUSTEE 0.50 X 0 0 0 HOWARD L GOTTLIEB TRUSTEE 0.50 X 0 0 0 KELLY GRIER TRUSTEE 0.50 X 0 0 0 ARTHUR W HAHN TRUSTEE 0.50 X 0 0 0 JEFFREY C HAMMES TRUSTEE 0.50 X 0 0 0 MARK A HARRIS TRUSTEE 0.50 X 0 0 0 LOUIS S HARRISON TRUSTEE 0.50 X 0 0 0 GREG HART TRUSTEE 0.50 X 0 0 0 BETSY HOLDEN TRUSTEE 0.50 X 0 0 0 COURTNEY MP HOLLOWELL MD TRUSTEE 0.50 X 0 0 0 KATHRYN D INGRAHAM TRUSTEE 0.50 X 0 0 0 JEFFREY H JACOBS TRUSTEE 0.50 X 0 0 0 DAVID R KAHNWEILER TRUSTEE 0.50 X 0 0 0 DAVID KALT TRUSTEE 0.50 X 0 0 0 ELIZABETH KARLSON TRUSTEE 0.50 X 0 0 0 CHRISTOPHER J KLEIN TRUSTEE 0.50 X 0 0 0 EMILY T KNIGHT TRUSTEE 0.50 X 0 0 0 LIZ LEFKOFSKY TRUSTEE 0.50 X 0 0 0 MARCUS LEMONIS TRUSTEE 0.50 X 0 0 0 GARY J LEVIN TRUSTEE 0.50 X 0 0 0 SUSAN C LEVY TRUSTEE 0.50 X 0 0 0 HOLLY W MADIGAN TRUSTEE 0.50 X 0 0 0 ANDREW S MAROVITZ TRUSTEE 0.50 X 0 0 0 ALAN R MAY TRUSTEE 0.50 X 0 0 0 PATTY MCGRATH TRUSTEE 0.50 X 0 0 0 ROBERT ROB MERRILEES TRUSTEE 0.50 X 0 0 0 LUCY R MINOR TRUSTEE 0.50 X 0 0 0 TONI-MARIE MONTGOMERY TRUSTEE 0.50 X 0 0 0 MARY MORELAND TRUSTEE 0.50 X 0 0 0 CHRISTOPHER NOON TRUSTEE 0.50 X 0 0 0 DANIELA O'LEARY-GILL TRUSTEE 0.50 X 0 0 0 ALICE M PETERSON TRUSTEE 0.50 X 0 0 0 DALE R PINKERT TRUSTEE 0.50 X 0 0 0 RICHARD S PRICE TRUSTEE 0.50 X 0 0 0 STEPHEN RAPPIN TRUSTEE 0.50 X 0 0 0 DANIEL H REISNER TRUSTEE 0.50 X 0 0 0 AUDREY C RUBINSTEIN TRUSTEE 0.50 X 0 0 0 MICHAEL J SACKS TRUSTEE 0.50 X 0 0 0 E SCOTT SANTI TRUSTEE 0.50 X 0 0 0 JOSEPH T SEMINETTA TRUSTEE 0.50 X 0 0 0 RICHARD L SEVCIK TRUSTEE 0.50 X 0 0 0 ALEJANDRO SILVA TRUSTEE 0.50 X 0 0 0 AVY H STEIN TRUSTEE 0.50 X 0 0 0 JOHN A STEPAN TRUSTEE 0.50 X 0 0 0 THOMAS H STONE TRUSTEE 0.50 X 0 0 0 NANCY D TALLENT TRUSTEE 0.50 X 0 0 0 ANDRES TAPIA TRUSTEE 0.50 X 0 0 0 EDUARDO TOBON TRUSTEE 0.50 X 0 0 0 REV RICHARD L TOLLIVER TRUSTEE 0.50 X 0 0 0 PAUL B UHLENHOP TRUSTEE 0.50 X 0 0 0 MARK A WAGNER TRUSTEE 0.50 X 0 0 0 AUDREY L WEAVER TRUSTEE 0.50 X 0 0 0 STEVEN B WEINSTEIN TRUSTEE 0.50 X 0 0 0 J RANDALL WHITE TRUSTEE 0.50 X 0 0 0 PAUL G YOVOVICH TRUSTEE 0.50 X 0 0 0 SHARI MASSEY DIRECTOR OF FINANCE 40.00 X 182802 0 27546 PATRICIA FRANK SANDERS GENERAL MANAGER 40.00 X 240751 0 35030 NICHOLAS PULLIA DIRECTOR OF COMMUNICATION 40.00 X 190260 0 32517 GREGORY E WALTERS DIRECTOR OF DEVELOPMENT 40.00 X 204478 0 34244 JAMES LAING DIRECTOR OF IT 40.00 X 171104 0 28246 MICHAEL ROBINSON TECHNICAL DIRECTOR 40.00 X 141550 0 50958 1822842 0 573417 14 0 1 0 Chicago Symphony Orchestra 220 S Michigan Ave Chicago IL 60604 Musical 2927720 Cristalino Inc 2375 E Tropicana Ave 270 LAS VEGAS NV 89119 Musical 870833 Danette Inc 10960 Wilshire Blvd 5th FL LOS ANGELES CA 90024 Musical 784167 WB Olson 3235 Arnold Ln NORTHBROOK CA 60062 Contractor 767161 LEVY RESTAURANTS 980 N MICHIGAN AVE CHICAGO IL 60611 Food Service 616569 54 18405 985919 215861 14383251 650197 15603436 ADMISSIONS 711130 21572695 21572695 PARKING FOR PERFORMANCES 812930 651684 651684 HANDLING FEES 900099 598224 598224 MISC. PROGRAM REVENUE 900099 587266 526702 60564 FOOD SERVICE COMMISSIONS 722320 465177 35408 429769 282130 282130 24157176 1145588 1145588 158907 158907 24250 0 24250 24250 24250 9542601 9575943 -33342 -33342 -33342 193727 985919 634354 -440627 -440627 666450 336577 329873 274755 55118 40945261 23254506 175340 1911979 X 1292845 537577 486744 268524 7047903 5260399 910310 877194 275707 183695 34401 57611 1338454 1100188 125198 113068 617816 439347 117988 60481 172962 20880 152082 48450 48450 306034 306034 21060351 20635041 315243 110067 1902726 1668489 234237 799419 498754 277085 23580 494605 17055 475437 2113 781634 441644 167375 172615 678756 325873 339738 13145 303031 191173 57725 54133 3827 3827 2677988 1326066 675961 675961 485964 308322 88821 88821 equipment rental & main 429807 400398 20947 8462 RENTALS 178262 178262 other professional 11797 11797 licenses/permits 250 250 496624 56084 150932 289608 41405212 33589247 4766095 3049870 12757994 13153227 6788667 6245131 1243242 182243 105041 83790 310853 311948 79908163 35103437 42503795 44804726 39948004 41344366 67129002 75882031 170786598 182007462 3049802 3924124 1162610 4201327 4212412 8125451 X 118924650 119617950 14415047 19877901 33234489 34386160 166574186 173882011 170786598 182007462 -459951 7767776 0 X 0 1 X 1 0 X 12535310 13224669 14924582 23061914 15603436 79349911 12535310 13224669 14924582 23061914 15603436 79349911 7901246 71448665 1208993 1363065 1453812 1224155 1145588 6395613 801 18749 -33972 27784 23719 37081 85782605 116391142 0.83290 0.82900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4975922 X X 0 94289408 1151671 7189959 3218243 116107 99296688 100241650 3992105 -5455454 4151723 337170 94289408 96755556 218153 7271854 3764113 239800 100241650 92624165 773898 7557425 3983055 216877 96755556 83588912 2191184 10903331 3849733 209529 92624165 0.54700 0.34630 0.10670 0 0 42816461 19868377 22948084 20578629 7821386 12757243 2226703 1251462 975241 14286370 6162212 8124158 44804726 EQUITY MUTUAL FUNDS 15306400 F BANK COMMON TRUST FUNDS 28478766 F HEDGE FUNDS (MARKETABLE ALTERNATIVE) 29473197 F COMMODITY FUTURES 2623668 F 75882031 X 51807312 7767776 2123344 970931 10862051 40945261 0 40945261 44499487 2123344 970931 3094275 41405212 0 41405212 Part III, Line 4: A DISPLAY OF OUTDOOR SCULPTURES ARE AVAILABLE FOR CONCERT GOERS TO ENJOY WHILE STROLLING THROUGH THE PARK OR PICNICKING ON THE LAWN BEFORE PERFORMANCES. Part X, Line 2: Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Association and recognize a tax liability if the Association has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS or other applicable taxing authorities. Part XI, Line 2d - Other Adjustments: Cost of Goods Sold 336,577. FUNDRAISING EVENT DIRECT EXPENSES 634,354. Part XII, Line 2d - Other Adjustments: Cost of Goods Sold 336,577. FUNDRAISING EVENT DIRECT EXPENSES 634,354. Europe (Including Iceland & Greenland) 0 0 PROGRAM SERVICES MEETINGS WITH AGENTS TO HIRE TALENT FOR UPCOMING SEASON 87532 Central America and the Caribbean 0 0 PROGRAM SERVICES RAVINIA STEANS MUSIC INSTITUTE TOUR 24752 Central America and the Caribbean 0 0 HEDGE FUND INVESTMENT 32096865 0 0 0 0 0 0 32209149 0 32209149 1 0 1 0 0 0 GALA 894600 765940 128660 403001 Golf Event 238660 216960 21700 61958 1 46386 3019 43367 169395 1179646 985919 193727 634354 634354 -440627 X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 WELZ KAUFFMAN PRESIDENT & CEO 628366 0 63000 0 531 0 321425 0 43451 0 1056773 0 0 0 SHARI MASSEY DIRECTOR OF FINANCE 166302 0 16500 0 0 0 0 0 27546 0 210348 0 0 0 PATRICIA FRANK SANDERS GENERAL MANAGER 240751 0 0 0 0 0 0 0 35030 0 275781 0 0 0 NICHOLAS PULLIA DIRECTOR OF COMMUNICATION 173260 0 17000 0 0 0 0 0 32517 0 222777 0 0 0 GREGORY E WALTERS DIRECTOR OF DEVELOPMENT 189978 0 14500 0 0 0 0 0 34244 0 238722 0 0 0 JAMES LAING DIRECTOR OF IT 155104 0 16000 0 0 0 0 0 28246 0 199350 0 0 0 MICHAEL ROBINSON TECHNICAL DIRECTOR 141550 0 0 0 0 0 0 0 50958 0 192508 0 0 0 Part I, Line 1a First class air travel for President and CEO is allowed on occasion as approved by the board. The first class upgrade is normally provided through use of complimentary upgrade certificates. Part I, Line 4b THE ORGANIZATION ACCRUED $358,504 FOR ITS PRESIDENT AND CEO UNDER A SUPPLEMENTAL DEFERRED COMPENSATION PLAN FOR THE CURRENT YEAR. THE FUNDS ARE SUBJECT TO THE ORGANIZATION'S CREDITORS. BENEFITS UNDER THE PLAN VEST TO THE PRESIDENT AND CEO INCREMENTALLY UNDER A VESTING SCHEDULE. Part I, Line 7 AS INDICATED IN SCHEDULE J, PART II CERTAIN INDIVIDUALS RECEIVE BONUSES BASED ON PERFORMANCE AND FINANCIAL RESULTS OF THE ORGANIZATION. THESE BONUSES ARE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE GENERAL MANAGER RECEIVED AN EARLY RETIREMENT PACKAGE PAYMENT APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. X 68 427036 NYSE X AUCTION ITEMS 256 172392 FAIR MARKET VALUE X EVENT BEVERAGES 3 44769 FAIR MARKET VALUE X EVENT FOOD 1 6000 FAIR MARKET VALUE 0 1 0 Part I, Column (b): THE NUMBER OF CONTRIBUTIONS COLUMN REPRESENTS THE FOLLOWING: - NUMBER OF ITEMS CONTRIBUTED FOR SECURITIES AND AUCTION ITEMS - NUMBER OF CONTRIBUTIONS RECEIVED FOR FOOD AND BEVERAGES Form 990, Part VI, Section A, line 2 Jeanne M. Denison and Bobbie Denison - Family Relationship Susan Levy and Audrey Rubinstein - Family Relationship Arthur W. Hahn, Trustee and Rob Merrilees, Trustee - Business Relationship Form 990, Part VI, Section B, line 11 AFTER THE DIRECTOR OF FINANCE AND OUTSIDE COUNSEL REVIEW THE 990 for ACCURACY, ALL TRUSTEES OF THE RAVINIA FESTIVAL ARE EMAILED OR MAILED A COPY OF THE 990 FOR REVIEW BEFORE IT IS FILED. A meeting was also scheduled for the independent accountant, management and the audit and risk committee to review and discuss the 990 prior to filing. Form 990, Part VI, Section B, line 12c THE CONFLICT OF INTEREST POLICY IS MAILED OUT TO ALL TRUSTEES AT THE BEGINNING OF EACH CALENDAR YEAR. IT IS REQUESTED THAT A FORM BE RETURNED STATING EITHER "NO EXCEPTIONS OR DISCLOSURE OF ANY POTENTIAL CONFLICTS. ANY DISCLOSURE OF POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE FORWARDED TO THE DIRECTOR OF FINANCE AND ADMINISTRATION AND SUBSEQUENTLY THE CHAIR OF THE AUDIT COMMITTEE FOR REVIEW. IN NO CASE HAS IMMEDIATE CORRECTIVE ACTION BEEN NECESSARY. Form 990, Part VI, Section B, line 15 RAVINIA HAS A BOARD COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS STAFF SALARY LEVELS AND APPROVES THE CHAIRMAN'S RECOMMENDATION FOR PRESIDENT AND CEO COMPENSATION. THE COMPENSATION COMMITTEE IS INDEPENDENT OF THE PARTIES WHOSE COMPENSATION IS BEING DETERMINED. THE COMPENSATION COMMITTEE HAS REVIEWED 990 COMPENSATION DATA FOR OTHER CULTURAL INSTITUTIONS AND COMPENSATION SURVEY DATA FROM A LEADING CONSULTING FIRM IN THE AREA. ALL DETERMINATIONS ARE DOCUMENTED WITHOUT ANY INTERESTED PARTIES PRESENT. PERIODICALLY THE COMPENSATION LEVELS FOR KEY EMPLOYEES AND ALL OTHER STAFF POSITIONS ARE ANALYZED AGAINST VARIOUS BENCHMARKS. THE COMPENSATION IS DETERMINED INDEPENDENT OF THE PARTIES WHOSE COMPENSATION IS BEING DETERMINED AND DOCUMENTED. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE HANDED OUT TO ALL TRUSTEES AT THE ANNUAL MEETING. ALL MEMBERS NOT IN ATTENDANCE GET THE REPORTS MAILED TO THEM. Form 990, Part IX, line 11g Artist/faculty fees: Program service expenses 14,419,802. Management and general expenses 2,889. Fundraising expenses 5,555. Total expenses 14,428,246. outside LABOR: Program service expenses 123,479. Management and general expenses 28,505. Fundraising expenses 0. Total expenses 151,984. General consultants: Program service expenses 1,087,940. Management and general expenses 260,395. Fundraising expenses 78,060. Total expenses 1,426,395. misc. contracted services: Program service expenses 4,147,398. Management and general expenses 23,454. Fundraising expenses 26,452. Total expenses 4,197,304. police/bag search: Program service expenses 856,422. Management and general expenses 0. Fundraising expenses 0. Total expenses 856,422.