2016-07-20T16:00:03-05:00 2015-09-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2014-10-01 366002273 RAVINIA FESTIVAL ASSOCIATION RAVI 8472665000 418 SHERIDAN ROAD HIGHLAND PARK IL 60035 WELZ KAUFFMAN PRESIDENT & CEO 8472665000 2016-07-14 1 LU ANN TRAPP P01506476 3122071040 2016-07-08 2014 2016-09-27 15:27:22Z WELZ KAUFFMAN 418 SHERIDAN ROAD HIGHLAND PARK IL 60035 85432750 0 X WWW.RAVINIA.ORG X 1936 IL TO PRESENT WORLD-CLASS MUSIC, DANCE, THEATRE AND CULTURAL PRESENTATIONS. 74 73 828 250 186814 0 14924582 23061914 25147274 23352306 2030161 1728875 601311 383459 42703328 48526554 0 0 0 0 9623460 9901327 0 0 2276530 28744047 27449741 38367507 37351068 4335821 11175486 167359618 170786598 4368290 4212412 162991328 166574186 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 27614316 22297691 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. 1372063 101170 RAVINIA OPERATES A PROFESSIONAL STUDIES WING, THE STEANS MUSIC INSTITUTE, THROUGH WHICH SERIOUS ARTISTS AROUND THE WORLD COMPETE FOR 70 ANNUAL FULLY PAID FELLOWSHIPS TO HONE THEIR PERFORMANCE TECHNIQUES WITH CELEBRATED MUSIC MASTERS. STEANS IS A RIGOROUS AND ACCLAIMED STUDY PROGRAM IN WHICH THE FINEST UP-AND-COMING MUSICIANS CAN STUDY WITH THE MASTER OF THEIR FIELDS, 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. 1469542 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 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 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. 30455921 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 1 349 0 1 828 1 1 1 0 0 0 0 1 1 0 0 0 0 X 74 73 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 651303 0 369174 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 SCOTT SANTI SECRETARY 3.00 X X 0 0 0 JAMES D ABRAMS TRUSTEE 0.50 X 0 0 0 KEENE ADDINGTON TRUSTEE 0.50 X 0 0 0 AARON E ALT 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 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 JEFFREY M LEIDEN MD PHD 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 JANA R SCHREUDER TRUSTEE 0.50 X 0 0 0 STEPHEN N SEHLER TRUSTEE 0.50 X 0 0 0 JOSEPH 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 170401 0 26364 PATRICIA FRANK SANDERS GENERAL MANAGER 40.00 X 299740 0 51757 NICHOLAS PULLIA DIRECTOR OF COMMUNICATION 40.00 X 178005 0 27104 GREGORY E WALTERS DIRECTOR OF DEVELOPMENT 40.00 X 193967 0 35124 JAMES M LAING DIRECTOR OF IT 40.00 X 158024 0 34960 MICHAEL ROBINSON TECHNICAL DIRECTOR 40.00 X 159579 0 15854 1811019 0 560337 23 0 1 0 CHICAGO SYMPHONY ORCHESTRA 220 S MICHIGAN AVE CHICAGO IL 60604 MUSICAL 3084215 TISBURY TOURS 360 HAMILTON AVE 100 WHITE PLAINS NY 10601 MUSICAL 1100750 WB OLSON 3235 ARNOLD LANE NORTHBROOK IL 60062 CONTRACTOR 1018463 LEVY RESTAURANTS 980 N MICHIGAN AVE CHICAGO IL 60611 FOOD SERVICE 661944 TRAINILINE TOURING LLC 901 A STREET SUITE C SAN RAFAEL CA 94901 MUSICAL 615024 55 20525 1008896 216373 21816120 673494 23061914 ADMISSIONS 711130 20404430 20404430 PARKING FOR PERFORMANCES 812930 721033 721033 HANDLING FEES 900099 578828 578828 FOOD SERVICE COMMISSIONS 722320 482535 58511 424024 OTHER EXCHANGE REVENUE 900099 282130 282130 883350 810468 72882 23352306 1224155 1224155 152479 152479 28000 0 28000 28000 28000 36654842 36150122 504720 504720 504720 288509 1008896 435955 -147446 -147446 670545 320119 350426 323005 27421 48526554 22398861 186814 2878965 X 1231761 514911 459395 257455 6567996 4345401 1512005 710590 285188 170381 61280 53527 1277413 735843 447506 94064 538969 408051 77353 53565 126882 2995 123887 52742 52742 268498 268498 16379553 15839297 213792 326464 1556279 1449445 106834 2016242 1597159 275999 143084 495710 37386 456709 1615 552820 440082 55011 57727 1494927 1121509 215602 157816 197731 129515 14972 53244 7975 7975 2172560 1738048 217256 217256 432892 346314 43289 43289 EQUIPMENT RENTAL & MAIN 829397 800513 28884 LANDSCAPE AND GROUNDS 66470 66470 799063 712601 86462 37351068 30455921 4618617 2276530 14471254 12757994 1814924 6788667 496750 1243242 101421 105041 264206 310853 76456516 33952721 41232708 42503795 37199897 39948004 71778458 67129002 167359618 170786598 2788514 3049802 1579776 1162610 4368290 4212412 X 121174007 118924650 12474937 14415047 29342384 33234489 162991328 166574186 167359618 170786598 11175486 -7592628 0 X 0 1 X 1 0 X 13703488 12535310 13224669 14924582 23061914 77449963 13703488 12535310 13224669 14924582 23061914 77449963 7875580 69574383 1205842 1208993 1363065 1453812 1224155 6455867 5074 801 18749 -33972 27784 18436 83924266 111116045 0.82900 0.93870 X 0.93870 0.03780 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1925870 X X 0 100241650 3992105 -5455454 4151723 337170 94289408 96755556 218153 7271854 3764113 239800 100241650 92624165 773898 7557425 3983055 216877 96755556 83588912 2191184 10903331 3849733 209529 92624165 85528652 1375590 533979 3609434 239875 83588912 0.56370 0.35250 0.08380 0 0 42306025 19074757 23231268 20845757 7219034 13626723 2573436 1694292 879144 10731298 5964638 4766660 42503795 EQUITY MUTUAL FUNDS 7538264 F BANK COMMON TRUST FUNDS 26872833 F HEDGE FUNDS (MARKETABLE ALTERNATIVE) 30352248 F COMMODITY FUTURES 2365657 F 67129002 X 43593311 -7592628 1903311 756074 -4933243 48526554 0 48526554 40010453 1903311 756074 2659385 37351068 0 37351068 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. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2015, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 320,119. FUNDRAISING EVENT DIRECT EXPENSES 435,955. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 320,119. FUNDRAISING EVENT DIRECT EXPENSES 435,955. NORTH AMERICA 0 0 PROGRAM SERVICES MEETINGS WITH AGENTS TO HIRE TALENT FOR UPCOMING SEASON 855 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES MEETINGS WITH AGENTS TO HIRE TALENT FOR UPCOMING SEASON 4151 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES MEETINGS WITH AGENTS TO HIRE TALENT FOR UPCOMING SEASON 20258 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING 25210 CENTRAL AMERICA AND THE CARIBBEAN 0 0 HEDGE FUND INVESTMENT 32717905 0 0 0 0 0 0 32768379 0 32768379 1 0 1 0 0 0 GALA 928800 784750 144050 348800 GOLF EVENT 224074 210074 14000 76118 1 144531 14072 130459 11037 1297405 1008896 288509 435955 435955 -147446 X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 WELZ KAUFFMAN PRESIDENT & CEO 588437 0 62000 0 866 0 350226 0 18948 0 1020477 0 0 0 SHARI MASSEY DIRECTOR OF FINANCE 156401 0 14000 0 0 0 17039 0 9325 0 196765 0 0 0 PATRICIA FRANK SANDERS GENERAL MANAGER 189740 0 110000 0 0 0 32809 0 18948 0 351497 0 0 0 NICHOLAS PULLIA DIRECTOR OF COMMUNICATION 163505 0 14500 0 0 0 17779 0 9325 0 205109 0 0 0 GREGORY E WALTERS DIRECTOR OF DEVELOPMENT 179467 0 14500 0 0 0 20695 0 14429 0 229091 0 0 0 JAMES M LAING DIRECTOR OF IT 146524 0 11500 0 0 0 16012 0 18948 0 192984 0 0 0 MICHAEL ROBINSON TECHNICAL DIRECTOR 159579 0 0 0 0 0 6690 0 9164 0 175433 0 0 0 PART I, LINE 1A FIRST CLASS AIR TRAVEL FOR PRESIDENT AND CEO IS ALLOWED ON OCCASION. THE FIRST CLASS UPGRADE IS NORMALLY PROVIDED THROUGH USE OF COMPLIMENTARY UPGRADE CERTIFICATES. PART I, LINE 4B THE ORGANIZATION ACCRUED $321,425 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 61 458396 NYSE X AUCTION ITEMS 0 164051 FAIR MARKET VALUE X EVENT BEVERAGES 0 45047 FAIR MARKET VALUE X EVENT FOOD 0 6000 FAIR MARKET VALUE 0 1 0 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 13,729,553. MANAGEMENT AND GENERAL EXPENSES 8,134. FUNDRAISING EXPENSES 660. TOTAL EXPENSES 13,738,347. OUTSIDE LABOR: PROGRAM SERVICE EXPENSES 121,916. MANAGEMENT AND GENERAL EXPENSES 200. FUNDRAISING EXPENSES 10,324. TOTAL EXPENSES 132,440. GENERAL CONSULTANTS: PROGRAM SERVICE EXPENSES 1,368,572. MANAGEMENT AND GENERAL EXPENSES 160,907. FUNDRAISING EXPENSES 167,904. TOTAL EXPENSES 1,697,383. MISC. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 619,256. MANAGEMENT AND GENERAL EXPENSES 44,551. FUNDRAISING EXPENSES 147,576. TOTAL EXPENSES 811,383.