2026-05-14T08:21:01-05:00 2025-06-30 420714325 RSM US LLP 30 South Wacker Dr Suite 3300 Chicago IL 606063392 990 2024-07-01 362167823 Chicago Symphony Orchestra CHIC 3122943333 220 S Michigan Avenue Chicago IL 606042559 Jeff Alexander President 3122943301 2026-05-01 1 1 Rebekuh Eley P01247672 3126343400 2026-05-01 2024 2025-03-06 01:10:19Z Jeff Alexander 220 S Michigan Avenue Chicago IL 606042559 303795295 0 X www.cso.org X 1890 IL 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. 130 129 1141 819 1729966 0 71465790 73115707 31725287 31364841 22081209 21253364 197161 175783 125469447 125909695 0 0 0 0 54321705 54650442 219655 218374 4572236 34080272 34040128 88621632 88908944 36847815 37000751 581822920 647012411 161517516 155005612 420305404 492006799 X 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. 0 0 53777951 0 24439058 Chicago Symphony Orchestra Concerts - During its 134th season, the Chicago Symphony Orchestra inspired audiences through more than 130 performances, including 32 weeks of subscription concerts. The 2024/25 Season was highlighted by landmark performances with Zell Music Director Designate Klaus Makela and Music Director Emeritus for Life Riccardo Muti. Makela, whose tenure as the CSO's 11th Music Director begins in the 2027/28 Season, returned for a two-week spring residency that featured Mahler's Third Symphony and a program with Dvorak's Seventh Symphony and Brahms' Second Piano Concerto, featuring 2024/25 CSO Artist-in-Residence Daniil Trifonov. Muti conducted four distinct programs in Chicago, including a program featuring the world premiere of the CSO-commissioned Megalopolis Suite by former Mead Composer-in-Residence Osvaldo Golijov, and capped the season with four capacity performances of Verdi's Requiem Mass. This followed a critically acclaimed U.S. tour in January 2025 led by Muti, which included performances in Florida, at New York's Carnegie Hall and the McKnight Center for the Performing Arts in Stillwater, Oklahoma. Other artistic milestones included a 2025 European tour with Jaap van Zweden on the podium, where the CSO was the only North American ensemble invited to perform at the Mahler Festival in Amsterdam, followed by concerts in Hamburg, Dresden, Prague, and Wroclaw, Poland, and a collaboration with The Joffrey Ballet that featured two newly commissioned ballets. 5208484 0 4882128 Symphony Center Presents Concerts - Symphony Center Presents (SCP) programs throughout the 2024/25 Season welcomed a wide array of world-class artists and ensembles. The SCP Chamber Music series featured the return of viol player Jordi Savall with his early music ensembles; violinist Julia Fischer with pianist Jan Lisiecki, and a trio comprising violinist Anne-Sophie Mutter, pianist Yefim Bronfman, and cellist Pablo Ferrandez. The SCP Piano series brought legendary artists like Jean-Yves Thibaudet, Daniil Trifonov, Emanuel Ax, Evgeny Kissin, and Vikingur Olafsson back to Orchestra Hall, alongside notable debuts by Alexandre Kantorow and Mao Fujita. The SCP Jazz series included performances by the Jazz at Lincoln Center Orchestra with Wynton Marsalis, Cecile McLorin Salvant, the Bill Charlap Trio, Hiromi, the Brandee Younger Trio, Eliane Elias, and the Chicago Jazz Orchestra in a tribute to Oscar Peterson. Other highlights included Grammy Award-winning vocalist Lila Downs returning for a Dia de los Muertos program, as well as performances by the Sphinx Virtuosi, Kodo, the Ukulele Orchestra of Great Britain and Pink Martini. 2728784 0 473448 Education Concerts and Activities - Programs of the Negaunee Music Institute (NMI) engaged many communities, with 275 Chicago-area schools participating in programs that reached 25,000 students, teachers, and families. Two-thirds of student attendance came from Chicago Public Schools, who received free bus transportation. The Institute collaborated with 90 schools and community partners to deliver education and community engagement programs throughout the year. 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. 2691234 0 98680 Civic Orchestra of Chicago - The Civic Orchestra of Chicago, the CSO's prestigious training program for young professional musicians, presented eight programs in Orchestra Hall and expanded its series of free community concerts to a total of six venues. In addition to gaining performance experience, Civic musicians participated in coaching sessions and workshops with Principal Conductor Ken-David Masur and Zell Music Director Designate Klaus Makela. The Civic Orchestra of Chicago benefited from the mentorship of 30 CSO musicians who served as coaches, and 22 Civic musicians made more than 250 visits to eight Chicago Public Schools high school instrumental music programs. 1457771 0 90455 Rentals, Commissions, and Restaurant - A dining club and concessions are provided for audiences attending concerts and catering is provided for certain internal events. 1194933 0 921547 Rentals, Commissions, and Restaurant - Hall Rentals - Performance space provided to Chicagoland arts organizations. 445202 0 21042 Media and Royalty - Radio Broadcast series, in-house recording label, audio recordings in compact disc and digital download formats. 264684 0 183071 Retail Sales - Music-related merchandise is available for purchase at The Symphony Store and online. 198369 0 319583 Rentals, Commissions, and Restaurant - Parking lot provided for audiences' convenience to attend concerts. 68965 0 118900 Other Program Services - Program Book Advertising 6321158 0 1753278 68036377 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 180 0 1 1141 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 130 129 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL IA KS KY MD MA MI MN MS NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WV WI X Stacie M Frank VP and CFO 3122943301 220 S Michigan Avenue Chicago IL 606042559 Jeff Alexander President 40.00 X X 914323 0 76662 Mary Louise Gorno Chair 1.50 X X 0 0 0 Chester A Gougis Vice Chair 0.30 X X 0 0 0 Steven Shebik Vice Chair 1.10 X X 0 0 0 Helen Zell Vice Chair 0.70 X X 0 0 0 Renee Metcalf Treasurer 0.50 X X 0 0 0 William Adams IV Life Trustee 0.60 X 0 0 0 Mrs Robert A Beatty Life Trustee 0.10 X 0 0 0 Arnold M Berlin Life Trustee 0.10 X 0 0 0 Laurence O Booth Life Trustee 0.10 X 0 0 0 William G Brown Life Trustee 0.10 X 0 0 0 Dean L Buntrock Life Trustee 0.10 X 0 0 0 Bruce E Clinton Life Trustee 0.10 X 0 0 0 Richard W Colburn Life Trustee 0.40 X 0 0 0 Richard H Cooper Life Trustee 0.10 X 0 0 0 Anthony T Dean Life Trustee 0.10 X 0 0 0 Debora de Hoyos Life Trustee 0.20 X 0 0 0 John A Edwardson Life Trustee 0.10 X 0 0 0 Thomas J Eyerman Life Trustee 0.10 X 0 0 0 David W Fox Sr Life Trustee 0.10 X 0 0 0 Cyrus F Freidheim Jr Life Trustee 0.20 X 0 0 0 Mrs Robert W Galvin Life Trustee 0.10 X 0 0 0 Paul C Gignilliat Life Trustee 0.20 X 0 0 0 Joseph B Glossberg Life Trustee 0.40 X 0 0 0 Richard C Godfrey Life Trustee 0.10 X 0 0 0 William A Goldstein Life Trustee 0.30 X 0 0 0 Howard L Gottlieb Life Trustee (until 9/21/24) 0.10 X 0 0 0 Mary Winton Green Life Trustee 0.10 X 0 0 0 David P Hackett Life Trustee 0.10 X 0 0 0 Joan W Harris Life Trustee 0.10 X 0 0 0 John H Hart Life Trustee 0.10 X 0 0 0 Thomas C Heagy Life Trustee 0.10 X 0 0 0 Jay L Henderson Life Trustee 0.10 X 0 0 0 William R Jentes Life Trustee 0.30 X 0 0 0 Richard B Kapnick Life Trustee 0.10 X 0 0 0 Donald G Kempf Jr Life Trustee 0.10 X 0 0 0 Mrs John C Kern Life Trustee 0.10 X 0 0 0 Robert Kohl Life Trustee 0.30 X 0 0 0 Josef Lakonishok Life Trustee 0.20 X 0 0 0 Charles Ashby Lewis Life Trustee 0.10 X 0 0 0 Eva F Lichtenberg Life Trustee 0.10 X 0 0 0 John F Manley Life Trustee 0.20 X 0 0 0 R Eden Martin Life Trustee 0.10 X 0 0 0 Arthur C Martinez Life Trustee 0.10 X 0 0 0 Judith W McCue Life Trustee 0.30 X 0 0 0 Lester H McKeever Life Trustee 0.10 X 0 0 0 David E McNeel Life Trustee 0.40 X 0 0 0 William A Osborn Life Trustee 0.10 X 0 0 0 Mrs Albert Pawlick Life Trustee 0.20 X 0 0 0 Jane DiRenzo Pigott Life Trustee 0.30 X 0 0 0 John M Pratt Life Trustee 0.10 X 0 0 0 Dr Irwin Press Life Trustee 0.10 X 0 0 0 John W Rogers Jr Life Trustee 0.10 X 0 0 0 Jerry Rose Life Trustee 0.10 X 0 0 0 Frank A Rossi Life Trustee 0.10 X 0 0 0 John R Schmidt Life Trustee 0.30 X 0 0 0 Thomas C Sheffield Jr Life Trustee 0.10 X 0 0 0 Robert C Spoerri Life Trustee 0.10 X 0 0 0 Carl W Stern Life Trustee 0.10 X 0 0 0 William H Strong Life Trustee 0.10 X 0 0 0 Louis C Sudler Jr Life Trustee (until 4/6/25) 0.10 X 0 0 0 Richard L Thomas Life Trustee 0.10 X 0 0 0 Richard P Toft Life Trustee 0.10 X 0 0 0 Penny Van Horn Life Trustee 0.30 X 0 0 0 Paul R Wiggin Life Trustee 0.30 X 0 0 0 John Aalbregtse Trustee 0.70 X 0 0 0 Peter J Barack Trustee 0.30 X 0 0 0 H Rigel Barber Trustee 0.10 X 0 0 0 Randy Lamm Berlin Trustee 0.10 X 0 0 0 Merrill Blau Trustee 0.40 X 0 0 0 Roderick Branch Trustee 0.10 X 0 0 0 Kay Bucksbaum Trustee (until 10/22/24) 0.10 X 0 0 0 Robert J Buford Trustee 0.40 X 0 0 0 Johannes Burlin Trustee 0.30 X 0 0 0 Leslie Henner Burns Trustee 0.70 X 0 0 0 Marion A Cameron-Gray Trustee 0.10 X 0 0 0 George P Colis Trustee 0.30 X 0 0 0 Keith S Crow Trustee 0.20 X 0 0 0 Stephen V D'Amore Trustee 0.10 X 0 0 0 Timothy A Duffy Trustee 0.40 X 0 0 0 Brian W Duwe Trustee 0.10 X 0 0 0 James B Fadim Trustee 0.40 X 0 0 0 Judith E Feldman Trustee 0.40 X 0 0 0 Robert B Ford Trustee 0.10 X 0 0 0 Estefania Garcia Trustee 0.10 X 0 0 0 Jennifer Goldstein Trustee 0.20 X 0 0 0 Graham C Grady Trustee 0.20 X 0 0 0 John Holmes Trustee 0.20 X 0 0 0 Janice L Honigberg Trustee 0.10 X 0 0 0 Lori Julian Trustee 0.40 X 0 0 0 Neil T Kawashima Trustee 0.20 X 0 0 0 Geraldine Keefe Trustee 0.20 X 0 0 0 Donna L Kendall Trustee 0.30 X 0 0 0 Thomas G Kilroy Trustee 0.20 X 0 0 0 Randall S Kroszner Trustee 0.10 X 0 0 0 Patty Lane Trustee 0.20 X 0 0 0 Jason M Laurie Trustee 0.20 X 0 0 0 Susan C Levy Trustee 0.20 X 0 0 0 Vikram Luthar Trustee 0.10 X 0 0 0 Ling Z Markovitz Trustee 0.30 X 0 0 0 Britt M Miller Trustee 0.10 X 0 0 0 Sharon Mitchell Trustee 0.20 X 0 0 0 Frank B Modruson Trustee 0.10 X 0 0 0 Toni Marie Montgomery Trustee 0.30 X 0 0 0 Mary Pivirotto Murley Trustee 0.40 X 0 0 0 Sylvia Neil Trustee 0.30 X 0 0 0 Christopher O'Herlihy Trustee 0.10 X 0 0 0 Santa J Ono Trustee 0.10 X 0 0 0 Gerald L Pauling II Trustee 0.30 X 0 0 0 Andrew Pritzker Trustee 0.10 X 0 0 0 Col Jennifer N Pritzker Trustee 0.10 X 0 0 0 Katherine Protextor Drehkoff Trustee 0.10 X 0 0 0 Dr Don M Randel Trustee 0.30 X 0 0 0 Dr Mohan Rao Trustee 0.10 X 0 0 0 Melissa M Root Trustee 0.40 X 0 0 0 Burton X Rosenberg Trustee 0.20 X 0 0 0 E Scott Santi Trustee 0.10 X 0 0 0 Marlon R Smith Trustee 0.10 X 0 0 0 Walter Snodell Trustee 0.20 X 0 0 0 Tracy A Stanciel Trustee 0.10 X 0 0 0 Dr Eugene Stark Trustee 0.30 X 0 0 0 Daniel E Sullivan Jr Trustee 0.30 X 0 0 0 Scott Swanson Trustee 0.50 X 0 0 0 Nasrin Thierer Trustee 0.20 X 0 0 0 Lisa Thomas Trustee 0.30 X 0 0 0 Christopher D Tower Trustee 0.30 X 0 0 0 Frederick H Waddell Trustee 0.30 X 0 0 0 Paul S Watford Trustee 0.40 X 0 0 0 Craig R Williams Trustee 0.20 X 0 0 0 Leah Williams Trustee 0.10 X 0 0 0 Robert A Wislow Trustee 0.30 X 0 0 0 Ann Marie Wright Trustee 0.10 X 0 0 0 Gifford R Zimmerman Trustee 0.30 X 0 0 0 Stacie M Frank VP, CFO, & Assistant Treasurer 40.00 X 325487 0 31319 Kristine Stassen Secretary 40.00 X 76551 0 26298 Dale Hedding VP for Development 40.00 X 329404 0 24723 Vanessa Moss VP for Operations 40.00 X 287341 0 30820 Robert Chen Concertmaster 40.00 X 554827 0 70939 Stephen Williamson Principal Clarinet 40.00 X 331472 0 154022 Mark Almond Principal Horn 40.00 X 343234 0 16854 William Welter Principal Oboe 40.00 X 339617 0 53919 Stefan Ragnar Hoskuldsson Principal Flute 40.00 X 326320 0 64491 3828576 0 550047 135 0 1 0 Allied Advertising Limited Partnership 55 Cambridge Parkway Suite 200 Boston MA 02142 Advertising Services 1164241 Riccardo Muti 220 S Michigan Avenue Chicago IL 606042559 Artist Performances 977449 Capacity Interactive Consulting 55 Cambridge Parkway Suite 200 Boston MA 02142 Marketing Digital and Management Fee 758820 Opus 3 Artists 348 W 57th Street Suite 282 New York NY 10019 Performance Fee and Expense 739800 Levy Restaurant 980 N Michigan Avenue Chicago IL 60611 Restaurant, Concessions Stand Services 721527 38 1480029 125000 71510678 1944938 73115707 Ticket Sales 711130 22039944 22039944 Performance/Streaming Fees 711130 6433576 6433576 Other Program Related Revenue 711130 1345891 1345891 Facility Rental Revenue 711130 921547 921547 Parking Lot Rental Revenue 711130 319583 319583 304300 81584 118900 103816 31364841 10088600 10088600 163754 273794 -110040 -110040 -110040 188019770 176855006 11164764 11164764 1630366 9534398 593629 1480029 581617 12012 12012 448994 175183 273811 183071 90740 125909695 31005613 1729966 20058409 2182695 338005 1478141 366549 40237759 34660896 3556084 2020779 2378443 2208156 107096 63191 7099753 5532383 1055332 512038 2751792 2228825 346980 175987 630487 627943 2544 161815 161815 218374 218374 1136305 1136305 7873168 6824511 1032947 15710 3729347 3333055 209061 187231 849729 479009 237258 133462 504623 284466 140899 79258 3291580 2710557 272368 308655 3392342 3234302 73248 84792 114768 19433 2801 92534 5268575 5268575 3743792 3414607 329185 363519 363519 Music License Fees & In 871005 712302 158703 Credit Card Fees 607640 547379 8907 51354 Equipment Rentals 321870 321870 Catering 208894 97041 26762 85091 970669 461637 331801 177231 88908944 68036377 16300331 4572236 2167440 1193718 7133640 4910117 44574446 58777730 1144410 975951 165762 169792 1421108 1386954 184509912 116060062 71244842 68449850 354783057 410267642 98746202 100329246 442013 551411 581822920 647012411 8491811 7331004 11802572 11445584 117112793 114852207 24110340 21376817 161517516 155005612 X 140199153 153658175 280106251 338348624 420305404 492006799 581822920 647012411 X 37000751 34928848 -228204 X 0 1 X 1 0 X 49216933 62198360 24278183 71465790 73115707 280274973 49216933 62198360 24278183 71465790 73115707 280274973 91683404 188591569 4103490 4774794 6778186 9776793 10088600 35521863 82651 0 55282 33948 12012 183893 315980729 117014167 0.59680 0.68800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 431142000 29948000 51653000 19598000 493145000 373349000 25262000 50888000 18357000 431142000 359969000 1238000 30116000 17974000 373349000 403275000 17516000 -45302000 15520000 359969000 309653000 15890000 93768000 16036000 403275000 0.39700 0.47600 0.12700 0 0 25475169 25475169 126945187 91846727 35098460 377890 187181 190709 16269827 14785441 1484386 15441839 9240713 6201126 68449850 Alternative investments - Absolute return 35058230 F Private equity 33208478 F Real assets 13549142 F Private credit 9266235 F Beneficial interest in trust 9247161 F 100329246 Pension benefits 14819983 Interest rate swap contracts 5177833 Other long-term liabilities 1379001 21376817 X 161697494 34928848 440236 524425 35893509 125803985 1136305 -1030595 105710 125909695 89996099 440236 1783224 2223460 87772639 1136305 1136305 88908944 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 and Form 990-T 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 524,425. Part XI, Line 4b - Other Adjustments: Rental Expenses (Part VIII, Line 6b) -273,794. Cost of Goods Sold (Part VIII, Line 10b) -175,184. Special Events Expense (Part VIII, Line 8b) -581,617. Part XII, Line 2d - Other Adjustments: Rental expenses (Part VIII, Line 6b) 273,794. Cost of goods sold (Part VIII, Line 10b) 175,184. Interest Rate Swap 752,629. Special Events Expense (Part VIII, Line 8b) 581,617. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Alternative Investments (Absolute Returns, Private Equity and Private Credit) in the Cayman Islands. 36906436 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Program Services European Tour - Chicago Symphony Orchestra performed 8 concerts in Amsterdam, Hamburg, Prague and Wroclaw (Poland). 1700712 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Fundraising - Patrons Tour 12675 0 0 0 0 0 0 38619823 0 38619823 1 0 1 1 1 0 X X X X X X X 1 DCM Inc 261 West 35th Street Suite 600 New York NY 10001 Telefundraising Campaigns 0 413470 218374 195096 413470 218374 195096 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY Symphony Ball 1229119 863647 365472 13013 206806 8975 127123 Corporate Night 679987 588335 91652 11386 38241 20738 4 164552 28047 136505 89891 5575 59869 2073658 1480029 593629 24399 334938 14550 207730 581617 12012 X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 Jeff Alexander President 851758 0 50500 0 12065 0 55300 0 21362 0 990985 0 0 0 Robert Chen Concertmaster 554311 0 0 0 516 0 18027 0 52912 0 625766 0 0 0 Stephen Williamson Principal Clarinet 330956 0 0 0 516 0 101579 0 52443 0 485494 0 0 0 William Welter Principal Oboe 339521 0 0 0 96 0 14227 0 39692 0 393536 0 0 0 Stefan Ragnar Hoskuldsson Principal Flute 326140 0 0 0 180 0 15027 0 49464 0 390811 0 0 0 Mark Almond Principal Horn 343054 0 0 0 180 0 14396 0 2458 0 360088 0 0 0 Stacie M Frank VP, CFO, & Assistant Treasurer 324478 0 500 0 509 0 13330 0 17989 0 356806 0 0 0 Dale Hedding VP for Development 326663 0 500 0 2241 0 13330 0 11393 0 354127 0 0 0 Vanessa Moss VP for Operations 284905 0 500 0 1936 0 12767 0 18053 0 318161 0 0 0 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 2024 were approved by the Chair of the Board. A Illinois Finance Authority-Part II-Col A 861091967 45200FGY9 2008-05-29 83015000 See Part VI 0 0 0 B Illinois Finance Authority-Part II-Col B 861091667 000000000 2018-06-01 46100000 See Part VI 0 0 0 A 83015000 620000 81364393 722487 308120 1997 1 0 1 1 B 13800000 46100000 1997 1 0 1 1 A 0 0 1 1 1 0 0 0 1 B 0 0 1 1 1 0 0 0 1 A 1 B 1 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. X 69 1825132 FMV - Stock Gifts X Airfare Miles 1 92900 Fair Market Value X Cough Drops 1 18409 Fair Market Value X Food and Wine 1 7497 Fair Market Value X Audio Engineering 1 1000 Fair Market Value 0 0 1 0 Part I, Column (b): 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. Form 990, Part VI, Section A, line 2 Business Relationship 1: Jay L. Henderson, Christopher A. O'Herlihy, E. Scott Santi Business Relationship 2: Debora de Hoyos, Britt M. Miller, John R. Schmidt Business Relationship 3: George P. Colis, Jay L. Henderson, David W. Fox, Sr. Business Relationship 4: Gerald L. Pauling II, David P. Hackett Business Relationship 5: Debora de Hoyos, R. Eden Martin Business Relationship 6: Col. Jennifer N. Pritzker, Andrew Pritzker 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 2024 Form 990 and Form 990-T were reviewed and approved at the April 30, 2026, 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 -752,629. Changes in pension plan assets and benefit obligations 524,425.