FURP.ORG / PUBLIC DATA EXPLORER

LYRIC OPERA OF CHICAGO: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
LYRIC OPERA OF CHICAGO (EIN 36-6008929)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-13
IRS object ID
202411349349302141
Schema version
2022v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-13T09:14:54+00:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1225 West Wacker Drive Suite 2600AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP606061224ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN366008929EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Lyric Opera of ChicagoBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLYRIBusinessNameControlTxt
Phone3123322244PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 N Wacker Drive 860AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRoberta LanePersonNm
Person TitleAsst Treasurer/CFAOPersonTitleTxt
Signature2024-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstVincentePersonFirstNm
Person LastMiliantiPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicole BencikPreparerPersonNm
PTINP00756195PTIN
Phone3128997000PhoneNum
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Anthony FreudBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 N Wacker Drive 860AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$147,214,818GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.lyricopera.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1954FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionLyric Opera of Chicago exists to provide a broad, deep, and relevant cultural service to the Chicago region and the nation and to advance the development of the art form of opera.ActivityOrMissionDesc
Voting Members Governing Body97VotingMembersGoverningBodyCnt
Voting Members Independent94VotingMembersIndependentCnt
Total Employee1048TotalEmployeeCnt
Total Volunteers800TotalVolunteersCnt
Total Gross UBI$421,429TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$116,264NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$56,174,395PYContributionsGrantsAmt
CY Contributions Grants$33,366,098CYContributionsGrantsAmt
PY Program Service Revenue$12,830,724PYProgramServiceRevenueAmt
CY Program Service Revenue$20,549,988CYProgramServiceRevenueAmt
PY Investment Income$8,301,969PYInvestmentIncomeAmt
CY Investment Income$3,909,658CYInvestmentIncomeAmt
PY Other Revenue$1,059,812PYOtherRevenueAmt
CY Other Revenue$1,920,088CYOtherRevenueAmt
PY Total Revenue$78,366,900PYTotalRevenueAmt
CY Total Revenue$59,745,832CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$41,579,844PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$51,333,371CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$50,635PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$70,209CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$5,644,925CYTotalFundraisingExpenseAmt
PY Other Expenses$28,630,273PYOtherExpensesAmt
CY Other Expenses$34,419,076CYOtherExpensesAmt
PY Total Expenses$70,260,752PYTotalExpensesAmt
CY Total Expenses$85,822,656CYTotalExpensesAmt
PY Revenues Less Expenses$8,106,148PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$26,076,824CYRevenuesLessExpensesAmt
Total Assets BOY$283,616,223TotalAssetsBOYAmt
Total Assets EOY$269,846,836TotalAssetsEOYAmt
Total Liabilities BOY$87,777,121TotalLiabilitiesBOYAmt
Total Liabilities EOY$83,947,725TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$195,839,102NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$185,899,111NetAssetsOrFundBalancesEOYAmt
MissionWe believe in the life-changing, transformational, revelatory power of great art and opera. Lyric Opera of Chicago exists to provide a broad, deep, and relevant cultural service to the Chicago region and the nation, and to advance the development of the art form of opera by: - Producing and performing consistently thrilling, world-class opera, with a balanced repertoire that encompasses core classics, lesser-known masterpieces, and new works. - Creating a diverse, innovative, wide-ranging program of community engagement and education activities that reaches the widest possible public. - Developing exceptional emerging operatic talent.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$69,094,261ExpenseAmt
Grant$0GrantAmt
Revenue$20,523,242RevenueAmt
DescDURING THE FISCAL YEAR, 51 OPERA PERFORMANCES, 26 PERFORMANCES OF ONE MUSICAL, AND 1 CONCERT WERE PERFORMED BY LYRIC OPERA OF CHICAGO. THESE PERFORMANCES WERE ATTENDED BY APPROXIMATELY 177,672 PEOPLE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,294,809ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescLYRIC UNLIMITED, AN INITIATIVE OF LYRIC OPERA OF CHICAGO, OFFERS A MULTIFACETED PROGRAM OF EXPANDED COMMUNITY ENGAGEMENT AND ARTISTIC INITIATIVES AND INCLUDES LYRIC'S LONGSTANDING EDUCATIONAL PROGRAMS. LYRIC SEEKS TO ENRICH THE LIVES OF CHICAGO-AREA CHILDREN AND ADULTS THROUGH HIGH-QUALITY, ACCESSIBLE ARTS EDUCATION, WHICH FOCUSES ON CULTIVATING A LIFELONG APPRECIATION OF OPERA AND CREATING AUDIENCES FOR THE FUTURE. LYRIC'S SCHOOL PROGRAMS EMBRACE ARTS EDUCATION AS A CORE SUBJECT AND PROMOTE CROSS-CURRICULAR INTEGRATION WHILE FULFILLING STATE LEARNING STANDARDS. COMMUNITY PROGRAMS PROVIDE EDUCATION ON A VARIETY OF LEVELS, FROM NOVICE TO EXPERT, WHICH HEIGHTEN THE OPERA-GOING EXPERIENCE. 29 YOUTH AND ADULT PROGRAMS WERE HELD THROUGHOUT THE YEAR. ATTENDANCE FOR THESE EDUCATIONAL ACTIVITIES TOTALED APPROXIMATELY 29,274. PLEASE NOTE, AS REQUIRED BY THE INSTRUCTIONS, THE REVENUE DISCLOSED HERE DOES NOT INCLUDE CONTRIBUTED REVENUE FOR THESE PROGRAMS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$153,519ExpenseAmt
Grant$0GrantAmt
Revenue$26,746RevenueAmt
DescDURING THE FISCAL YEAR, THERE WERE 6 PRESENTATIONS AND EVENTS HELD IN THE FACILITY WITH TOTAL ATTENDANCE OF APPROXIMATELY 3,840 PEOPLE. ADDITIONALLY, DINING SPACE WAS USED BY BUILDING MANAGEMENT.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$70,542,589TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document230IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee1048EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OfYes (true)Form8282PropertyDisposedOfInd
Form8282 Filed2Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members97GoverningBodyVotingMembersCnt
Independent Voting Member94IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersYes (true)LocalChaptersInd
Policies Reference ChaptersYes (true)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Vincente MiliantiBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3123322244PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 N Wacker Drive No 860AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (113 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Anthony Freud
General Director, President & CEO40.0Yes (X)Yes (X)$724,802$0$42,030
Dan Grossman
Treasurer2.0Yes (X)Yes (X)$0$0$0
David Ormesher
Executive Committee Chair2.0Yes (X)Yes (X)$0$0$0
Donna Van Eekeren
Secretary2.0Yes (X)Yes (X)$0$0$0
James L Alexander
Vice-Chair2.0Yes (X)Yes (X)$0$0$0
Shirley W Ryan
Vice-Chair2.0Yes (X)Yes (X)$0$0$0
Sylvia Neil
Chair6.0Yes (X)Yes (X)$0$0$0
William C Vance
Vice-Chair2.0Yes (X)Yes (X)$0$0$0
Allan B Muchin
Trustee1.0Yes (X)$0$0$0
Allan Drebin
Trustee1.0Yes (X)$0$0$0
Allan E Bulley III
Trustee1.0Yes (X)$0$0$0
Amy Carbone
Trustee1.0Yes (X)$0$0$0
Andrew J McKenna
Trustee (Until Feb 2023)1.0Yes (X)$0$0$0
Anna Paglia
Trustee1.0Yes (X)$0$0$0
Blythe J McGarvie
Trustee1.0Yes (X)$0$0$0
Brenda M Shapiro
Trustee1.0Yes (X)$0$0$0
Brenda Robinson
Trustee1.0Yes (X)$0$0$0
Bryan Traubert
Trustee1.0Yes (X)$0$0$0
Charles Droege
Trustee1.0Yes (X)$0$0$0
Chaz Ebert
Trustee1.0Yes (X)$0$0$0
Cherryl Thomas
Trustee1.0Yes (X)$0$0$0
Christine Schyvinck
Trustee1.0Yes (X)$0$0$0
Craig C Martin
Trustee1.0Yes (X)$0$0$0
Dan Draper
Trustee1.0Yes (X)$0$0$0
David Carpenter
Trustee (Until July 2022)1.0Yes (X)$0$0$0
Don M Randel
Trustee1.0Yes (X)$0$0$0
Elke Rehbock
Trustee (Until Dec 2022)1.0Yes (X)$0$0$0
Elliot E Hirsch
Trustee1.0Yes (X)$0$0$0
Enrique Mazzola
Vice - Chair & Music Director40.0Yes (X)$412,248$0$0
Eric S Smith
Vice - Chair1.0Yes (X)$0$0$0
Ethel C Gofen
Trustee1.0Yes (X)$0$0$0
Francesca Cornelli
Trustee1.0Yes (X)$0$0$0
Frank B Modruson
Trustee1.0Yes (X)$0$0$0
Gary Haase
Trustee (Beg April 2023)1.0Yes (X)$0$0$0
Gregory J O'Leary
Trustee1.0Yes (X)$0$0$0
Gregory Jones
Trustee1.0Yes (X)$0$0$0
H Gael Neeson
Trustee1.0Yes (X)$0$0$0
J Thomas Hurvis
Trustee1.0Yes (X)$0$0$0
James E Fellowes
Trustee1.0Yes (X)$0$0$0
Jane Chu
Trustee1.0Yes (X)$0$0$0
Jane DiRenzo Pigott
Trustee1.0Yes (X)$0$0$0
Jeffrey C Neal
Trustee1.0Yes (X)$0$0$0
Jodi Hochberger Rubenstein
Trustee1.0Yes (X)$0$0$0
John D Nichols
Trustee (Until June 2023)1.0Yes (X)$0$0$0
John E Butler
Trustee1.0Yes (X)$0$0$0
John P Amboian
Trustee1.0Yes (X)$0$0$0
Jonathan Lewis
Trustee1.0Yes (X)$0$0$0
Jose L Prado
Trustee1.0Yes (X)$0$0$0
Josef Lakonishok
Trustee1.0Yes (X)$0$0$0
Joseph Rubinelli Jr
Trustee1.0Yes (X)$0$0$0
Julie Baskes
Trustee1.0Yes (X)$0$0$0
Karen Freeman-Wilson
Trustee1.0Yes (X)$0$0$0
Karen Z Gray-Krehbiel
Trustee1.0Yes (X)$0$0$0
Katherine A Abelson
Trustee1.0Yes (X)$0$0$0
Kevin Smith
Trustee1.0Yes (X)$0$0$0
Kip Kelley II
Trustee1.0Yes (X)$0$0$0
Larry A Barden
Trustee (Until Oct 2022)1.0Yes (X)$0$0$0
Laura DeFelice
Trustee1.0Yes (X)$0$0$0
Laurie Bay
Trustee1.0Yes (X)$0$0$0
Lester Crown
Trustee1.0Yes (X)$0$0$0
Linda K Myers
Trustee1.0Yes (X)$0$0$0
Lois Eisen
Trustee1.0Yes (X)$0$0$0
Lori A Komisar
Trustee1.0Yes (X)$0$0$0
Maria Green
Trustee1.0Yes (X)$0$0$0
Marion Cameron-Gray
Trustee1.0Yes (X)$0$0$0
Marsha Cruzan
Trustee1.0Yes (X)$0$0$0
Marsha Serlin
Trustee1.0Yes (X)$0$0$0
Matthew A Fisher
Trustee1.0Yes (X)$0$0$0
Matthew J Parr
Trustee1.0Yes (X)$0$0$0
Melvin Gray
Trustee1.0Yes (X)$0$0$0
Michael P Cole
Trustee1.0Yes (X)$0$0$0
Mimi Mitchell
Trustee1.0Yes (X)$0$0$0
Nancy Santi
Trustee (Beg June 2023)1.0Yes (X)$0$0$0
Nancy Searle
Trustee1.0Yes (X)$0$0$0
Nasrin Thierer
Trustee1.0Yes (X)$0$0$0
Neil Kawashima
Trustee1.0Yes (X)$0$0$0
Olivia Tyrrell
Trustee1.0Yes (X)$0$0$0
Olufunmilayo I Olopade MD
Trustee1.0Yes (X)$0$0$0
Orit Carpenter
Trustee (Beg Dec 2022)1.0Yes (X)$0$0$0
Pam Szokol
Trustee1.0Yes (X)$0$0$0
Paul F Anderson
Trustee1.0Yes (X)$0$0$0
Penelope R Steiner
Trustee1.0Yes (X)$0$0$0
Ralph Hasbun
Trustee (Beg Sept 2022)1.0Yes (X)$0$0$0
Richard Ryan
Trustee1.0Yes (X)$0$0$0
Richard W Colburn
Trustee1.0Yes (X)$0$0$0
Richard W Shepro
Trustee1.0Yes (X)$0$0$0
Robert B Ford
Trustee1.0Yes (X)$0$0$0
Robert J McCullen
Trustee1.0Yes (X)$0$0$0
Roberta L Washlow
Trustee1.0Yes (X)$0$0$0
Ruth Ann M Gillis
Trustee1.0Yes (X)$0$0$0
Samir Mayekar
Trustee (Beg June 2023)1.0Yes (X)$0$0$0
Scott Cozad
Trustee1.0Yes (X)$0$0$0
Scott Santi
Trustee1.0Yes (X)$0$0$0
Sharon F Oberlander
Trustee1.0Yes (X)$0$0$0
Sonia Florian
Trustee1.0Yes (X)$0$0$0
Stephen Kaplan
Trustee1.0Yes (X)$0$0$0
Steven L Fradkin
Trustee1.0Yes (X)$0$0$0
Susan Morrison
Trustee1.0Yes (X)$0$0$0
Tanya Polsky
Trustee (Beg June 2023)1.0Yes (X)$0$0$0
Vikram Karnani
Trustee1.0Yes (X)$0$0$0
Vinay Couto
Trustee1.0Yes (X)$0$0$0
William A Osborn
Trustee1.0Yes (X)$0$0$0
Drew Landmesser
Chief Operating Officer & Deputy General Director40.0Yes (X)$439,271$0$38,720
Elizabeth Hurley
Asst Secretary, Chief Advancement Officer40.0Yes (X)$472,008$0$47,161
Matthew Ozawa
Chief Artistic Administration Officer40.0Yes (X)$161,149$0$21,160
Paul Gunning
Vice President & Chief Marketing Officer40.0Yes (X)$249,861$0$38,072
Roberta Lane
Asst Treasurer/CFAO (until Dec 2022)40.0Yes (X)$445,614$0$39,133
Vincente Milianti
Asst Treasurer/CFAO (beg Jan 2023)40.0Yes (X)$179,126$0$32,849
Anna Mattson
Vice President of Development40.0$180,787$0$23,960Yes (X)
Joe Dockweiler
Master Carpenter40.0$190,959$0$69,797Yes (X)
Kathleen Sheehan
Vice President for Principal Gifts40.0$236,234$0$31,579Yes (X)
Michael Black
Chorus Director & Head of Music40.0$211,082$0$11,923Yes (X)
Michael Reilly
Head Stagehand40.0$182,844$0$61,598Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,085,985TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$457,982TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K69IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Anchor Mechanical Inc
255 N California AveChicagoIL60612HVAC/Plumbing$1,491,061
Allied Integrated Marketing
55 Cambridge Parkway Suite 200CambridgeMA02142Advertising Agency$1,248,140
Calihan Catering
833 W HAINES STChicagoIL60622Catering$748,554
Navigator Topco LP
401 W Lincoln AveLititzPA17543Machining manufacturer$678,611
Metropolitan Opera Association Inc
30 LINCOLN CENTERNew YorkNY10023Production Payments$544,386
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K50CntrctRcvdGreaterThan100KCnt
Fundraising$3,095,193FundraisingAmt
Government Grants$2,096,268GovernmentGrantsAmt
All Other Contributions$28,174,637AllOtherContributionsAmt
Noncash Contributions$2,491,425NoncashContributionsAmt
Total Contributions$33,366,098TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TICKET SALES711190$18,743,399$18,743,399
TICKET HNDLG/EXCHG FEES711190$1,279,571$1,279,571
PRODUCTION RENTALS/CO-PRODUCTION INCOME711190$380,059$380,059
FACILITIES EVENTS FEES900099$26,746$26,746

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$120,213TotalRevenueColumnAmt
Related Or Exempt Func Income$120,213RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$20,549,988TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,231,725TotalRevenueColumnAmt
Unrelated Business Revenue$158,361UnrelatedBusinessRevenueAmt
Exclusion$2,073,364ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,577,591RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$1,577,591RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,577,591TotalRevenueColumnAmt
Exclusion$1,577,591ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$86,159,632SecuritiesAmt
Other-$5,117OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$84,476,582SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,683,050SecuritiesAmt
Other-$5,117OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,677,933TotalRevenueColumnAmt
Exclusion$1,677,933ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$1,195,349FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$3,095,193ContriRptFundraisingEventAmt
Fundraising Direct Expenses$2,504,051FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,308,702TotalRevenueColumnAmt
Exclusion-$1,308,702ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,676,576GrossSalesOfInventoryAmt
Cost Of Goods Sold$488,353CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,188,223TotalRevenueColumnAmt
Unrelated Business Revenue$1,575UnrelatedBusinessRevenueAmt
Exclusion$1,186,648ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
PARTY RECEPTION INCOME900099$258,666$258,666
RESTAURANT income900099$40,413$40,413
COAT CHECK REVENUE900099$38,354$0$38,354

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$125,543TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$2,827UnrelatedBusinessRevenueAmt
Exclusion$122,716ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$462,976OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$59,745,832TotalRevenueColumnAmt
Related Or Exempt Func Income$20,549,988RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$421,429UnrelatedBusinessRevenueAmt
Exclusion$5,408,317ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,246,807TotalAmt
Program Services$718,759ProgramServicesAmt
Management And General$1,623,877ManagementAndGeneralAmt
Fundraising$904,171FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$16,020TotalAmt
Program Services$16,020ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$35,087,663TotalAmt
Program Services$30,205,333ProgramServicesAmt
Management And General$2,449,727ManagementAndGeneralAmt
Fundraising$2,432,603FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$3,367,233TotalAmt
Program Services$3,108,588ProgramServicesAmt
Management And General$151,622ManagementAndGeneralAmt
Fundraising$107,023FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,997,742TotalAmt
Program Services$5,475,266ProgramServicesAmt
Management And General$243,737ManagementAndGeneralAmt
Fundraising$278,739FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,617,906TotalAmt
Program Services$3,112,761ProgramServicesAmt
Management And General$264,961ManagementAndGeneralAmt
Fundraising$240,184FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$523,521TotalAmt
Program Services$312,938ProgramServicesAmt
Management And General$210,583ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$244,225TotalAmt
Management And General$244,225ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$70,209TotalAmt
Fundraising$70,209FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,093,087TotalAmt
Management And General$1,088,740ManagementAndGeneralAmt
Fundraising$4,347FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,672,381TotalAmt
Program Services$4,817,101ProgramServicesAmt
Management And General$715,397ManagementAndGeneralAmt
Fundraising$139,883FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,498,798TotalAmt
Program Services$2,406,018ProgramServicesAmt
Management And General$6,391ManagementAndGeneralAmt
Fundraising$86,389FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,849,283TotalAmt
Program Services$1,326,157ProgramServicesAmt
Management And General$347,183ManagementAndGeneralAmt
Fundraising$175,943FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,303,922TotalAmt
Program Services$108,854ProgramServicesAmt
Management And General$1,186,269ManagementAndGeneralAmt
Fundraising$8,799FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$958,723TotalAmt
Program Services$958,723ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,503,595TotalAmt
Program Services$2,289,155ProgramServicesAmt
Management And General$133,250ManagementAndGeneralAmt
Fundraising$81,190FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,552,517TotalAmt
Program Services$1,182,713ProgramServicesAmt
Management And General$155,832ManagementAndGeneralAmt
Fundraising$213,972FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$28,578TotalAmt
Program Services$14,030ProgramServicesAmt
Management And General$7,658ManagementAndGeneralAmt
Fundraising$6,890FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,911,060TotalAmt
Program Services$2,597,423ProgramServicesAmt
Management And General$297,451ManagementAndGeneralAmt
Fundraising$16,186FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,463,821TotalAmt
Program Services$4,250,752ProgramServicesAmt
Management And General$213,069ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,072,105TotalAmt
Program Services$940,948ProgramServicesAmt
Management And General$125,618ManagementAndGeneralAmt
Fundraising$5,539FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PRODUCTION COSTS$5,478,561$5,478,261$300
CHARGE CARD FEES$623,891$566,056$80$57,755
RESTAURANT$342,235$8,415$23,401$310,419
Bad Debt$133,093$53,546$79,547

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,165,680TotalAmt
Program Services$648,318ProgramServicesAmt
Management And General$92,225ManagementAndGeneralAmt
Fundraising$425,137FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$85,822,656TotalAmt
Program Services$70,542,589ProgramServicesAmt
Management And General$9,635,142ManagementAndGeneralAmt
Fundraising$5,644,925FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$6,550,451BOYAmt
EOY$7,885,295EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$862,447BOYAmt
EOY$894,548EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$32,323,064BOYAmt
EOY$26,376,368EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$451,154BOYAmt
EOY$431,130EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$11,316BOYAmt
EOY$9,298EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,111,146BOYAmt
EOY$3,766,166EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$127,089,997LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$86,724,522LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$42,745,536BOYAmt
EOY$40,365,475EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$34,056,614BOYAmt
EOY$47,694,066EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$162,457,245BOYAmt
EOY$142,374,609EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$47,250BOYAmt
EOY$49,881EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$283,616,223BOYAmt
EOY$269,846,836EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,656,920BOYAmt
EOY$7,586,020EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$10,180,323BOYAmt
EOY$7,844,469EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$65,800,000BOYAmt
EOY$65,800,000EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,139,878BOYAmt
EOY$2,717,236EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$87,777,121BOYAmt
EOY$83,947,725EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$89,333,511BOYAmt
EOY$82,917,791EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$106,505,591BOYAmt
EOY$102,981,320EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$195,839,102BOYAmt
EOY$185,899,111EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$283,616,223BOYAmt
EOY$269,846,836EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$26,076,824ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$16,427,918NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$291,085OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,120,440CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$36,568,721CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$33,854,022CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$56,174,395CurrentTaxYearMinus1YearAmt
Current Tax Year$33,366,098CurrentTaxYearAmt
Total$199,083,676TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,120,440CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$36,568,721CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$33,854,022CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$56,174,395CurrentTaxYearMinus1YearAmt
Current Tax Year$33,366,098CurrentTaxYearAmt
Total$199,083,676TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$22,887,190SubstantialContributorsTotAmt
Public Support Total170$176,196,486PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,804,399CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,260,908CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,980,287CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,469,729CurrentTaxYearMinus1YearAmt
Current Tax Year$3,809,316CurrentTaxYearAmt
Total$17,324,639TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$72,976CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$25,654CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$62,224CurrentTaxYearMinus1YearAmt
Current Tax Year$116,264CurrentTaxYearAmt
Total$277,118TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,216,737CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$652,455CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$102,179CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$188,569CurrentTaxYearMinus1YearAmt
Current Tax Year$161,069CurrentTaxYearAmt
Total$2,321,009TotalAmt
FieldValueIRS element (for citing)
Total Support$219,006,442TotalSupportAmt
Gross Receipts Rltd Activities$85,644,869GrossReceiptsRltdActivitiesAmt
Public Support CY1700.8045PublicSupportCY170Pct
Public Support PY1700.7968PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - DINING SPACES, COLUMN A - 853776.0, COLUMN B - 495871.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 1349647.0; DESCRIPTION - OTHER, COLUMN A - 362961.0, COLUMN B - 156584.0, COLUMN C - 102179.0, COLUMN D - 188569.0, COLUMN E - 161069.0, COLUMN F - 971362.0;ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$62,627,889BeginningYearBalanceAmt
Contributions$1,168,514ContributionsAmt
Investment Earnings Or Losses$7,481,700InvestmentEarningsOrLossesAmt
Other Expenditures$3,169,699OtherExpendituresAmt
Administrative Expenses$400,507AdministrativeExpensesAmt
End Year Balance$67,707,897EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$68,051,058BeginningYearBalanceAmt
Contributions$5,161,427ContributionsAmt
Investment Earnings Or Losses-$7,039,532InvestmentEarningsOrLossesAmt
Other Expenditures$2,551,173OtherExpendituresAmt
Administrative Expenses$993,891AdministrativeExpensesAmt
End Year Balance$62,627,889EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$52,197,208BeginningYearBalanceAmt
Contributions$4,364,692ContributionsAmt
Investment Earnings Or Losses$14,419,253InvestmentEarningsOrLossesAmt
Other Expenditures$2,405,839OtherExpendituresAmt
Administrative Expenses$524,256AdministrativeExpensesAmt
End Year Balance$68,051,058EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$54,986,095BeginningYearBalanceAmt
Contributions$271,612ContributionsAmt
Investment Earnings Or Losses-$138,918InvestmentEarningsOrLossesAmt
Other Expenditures$2,514,315OtherExpendituresAmt
Administrative Expenses$407,266AdministrativeExpensesAmt
End Year Balance$52,197,208EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$55,392,183BeginningYearBalanceAmt
Contributions$75,467ContributionsAmt
Investment Earnings Or Losses$2,399,562InvestmentEarningsOrLossesAmt
Other Expenditures$2,516,320OtherExpendituresAmt
Administrative Expenses$364,797AdministrativeExpensesAmt
End Year Balance$54,986,095EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.0BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.6PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.4TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$696,577OtherCostOrOtherBasisAmt
Book Value$696,577BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$102,951,614OtherCostOrOtherBasisAmt
Depreciation$71,955,001DepreciationAmt
Book Value$30,996,613BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$20,481,212OtherCostOrOtherBasisAmt
Depreciation$12,717,217DepreciationAmt
Book Value$7,763,995BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,960,594OtherCostOrOtherBasisAmt
Depreciation$2,052,304DepreciationAmt
Book Value$908,290BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$40,365,475TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Hedged Equities- Non-Publicly$11,923,815F
Absolute Return- Non-Publicly Traded$17,308,919F
Equities- Non-Publicly Traded$95,213,800F
Real Assets- Non-Publicly Traded$12,909,515F
Assets Held in Trust$5,018,560F
FieldValueIRS element (for citing)
Total Book Value Securities$142,374,609TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Annuities Payable$400,509
Interest Rate Swap Contract$2,316,727
FieldValueIRS element (for citing)
Total Liability$2,717,236TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$75,565,153TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$16,427,918NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$458,386DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants-$2,536,477RecoveriesPriorYearGrantsAmt
Other Revenue$2,562,581OtherRevenueAmt
Revenue Not Reported$16,912,408RevenueNotReportedAmt
Revenue Subtotal$58,652,745RevenueSubtotalAmt
Investment Expenses Not Incld$1,093,087InvestmentExpensesNotIncldAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,093,087RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$59,745,832TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$85,505,144TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$458,386DonatedServicesUseFcltsAmt
Other Expenses Included$317,189OtherExpensesIncludedAmt
Expenses Not Reported$775,575ExpensesNotReportedAmt
Expenses Subtotal$84,729,569ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,093,087InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,093,087ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$85,822,656TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part V, Line 4 Intended uses of endowment fundsThe Opera's endowment is comprised of donor-restricted endowment funds. Related net assets are classified and reported based on the existence or absence of donor-imposed restrictions. The Opera's Board of Directors has approved a spending policy which allows for the transfer of 5% of the average of the market values of the trailing twelve quarter balance of the managed portfolio at December 31 of the previous fiscal year, including endowment balances, to be used to support operations and fund debt service. The spending rate approximates the return objective of the fund allowing for the preservation of purchasing power and growth of the managed portfolio through investment returns in excess of the objective and new gifts.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteThe Opera is exempt from federal income taxes under the provisions of Section 501(C)(3) of the Internal Revenue Code. The Opera has concluded there were no material uncertain tax positions nor does the Opera expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The Opera does not have nor does it anticipate any interest and penalties related to unrecognized tax positions in interest and income tax expense as of June 30, 2023 and June 30, 2022. There are no ongoing federal, state or local audits.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990UNREALIZED GAIN - INTEREST RATE SWAP - 2260613 COST OF GOODS SOLD - 340421 DISPOSAL OF FIXED ASSET - 5117 FUNDRAISING ACTIVITIES - -43570
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990CHANGE IN SEVERANCE PLANS' VALUATION - 15221 COST OF GOODS SOLD - 340421 DISPOSAL OF FIXED ASSET - 5117 FUNDRAISING EXPENSES - -43570

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean00InvestmentsN/A$20,491,703
Europe (Including Iceland and Greenland)00Program ServicesArtistic/Production Costs$949,786
Europe (Including Iceland and Greenland)00InvestmentsN/A$3,420,097
Europe (Including Iceland and Greenland)00FundraisingN/A$106,647
North America (Canada & Mexico only)00FundraisingN/A$3,809
North America (Canada & Mexico only)00Program ServicesARTISTIC/PRODUCTION COSTS$524,152
North America (Canada & Mexico only)00Management & Gen'l - Information Technology CostsN/A$54,421
Russia and Neighboring States00Program ServicesARTISTIC/PRODUCTION COSTS$154,969
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$25,705,584SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$25,705,584TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule F, Part I, Line 3 Method used to account for expenditures on org's financial statementsFormAndLineReferenceDesc
ExplanationCENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-AccrualExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1SD&A Teleservices IncBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15757 W Century Blvd Suite 300AddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90045ZIPCd
FieldValueIRS element (for citing)
ActivityTelefundraisingActivityTxt
Fundraiser Control Of FundsfalseFundraiserControlOfFundsInd
Gross Receipts$81,057GrossReceiptsAmt
Retained By Contractor$70,209RetainedByContractorAmt
Net To Organization$10,848NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$81,057TotalGrossReceiptsAmt
Total Retained By Contractors$70,209TotalRetainedByContractorsAmt
Total Net To Organization$10,848TotalNetToOrganizationAmt
Licensed StatesCALicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesINLicensedStatesCd
Licensed StatesNYLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Wine AuctionEvent1Nm
Gross Receipts Event1$2,567,315GrossReceiptsEvent1Amt
Charitable Contri Event1$1,842,126CharitableContriEvent1Amt
Gross Revenue Event1$725,189GrossRevenueEvent1Amt
Rent Facility Costs Event1$138,123RentFacilityCostsEvent1Amt
Food And Beverage Event1$207,211FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$1,043,324OtherDirectExpensesEvent1Amt
Event2Opening NightEvent2Nm
Gross Receipts Event2$1,129,187GrossReceiptsEvent2Amt
Charitable Contri Event2$1,102,897CharitableContriEvent2Amt
Gross Revenue Event2$26,290GrossRevenueEvent2Amt
Rent Facility Costs Event2$55,763RentFacilityCostsEvent2Amt
Food And Beverage Event2$65,783FoodAndBeverageEvent2Amt
Entertainment Event2$20,200EntertainmentEvent2Amt
Other Direct Expenses Event2$245,885OtherDirectExpensesEvent2Amt
Other Events Total5OtherEventsTotalCnt
Gross Receipts Other Events$594,040GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$150,170CharitableContriOtherEventsAmt
Gross Revenue Other Events$443,870GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$68,910RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$128,023FoodAndBeverageOtherEventsAmt
Entertainment Other Events$111,398EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$419,431OthDirectExpnssOtherEventsAmt
Gross Receipts Total$4,290,542GrossReceiptsTotalAmt
Charitable Contributions Tot$3,095,193CharitableContributionsTotAmt
Gross Revenue Total Events$1,195,349GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$262,796RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$401,017FoodAndBeverageTotalEventsAmt
Entertainment Total Events$131,598EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$1,708,640OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$2,504,051DirectExpenseSummaryEventsAmt
Net Income Summary-$1,308,702NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule G, Part II Line 11 Net IncomeFormAndLineReferenceDesc
ExplanationThe mechanics of schedule G require that we remove charitable contributions collected at the special event, in order to determine income or loss on events. $3.1 Million of charitable contributions were collected (Schedule G, Part II line 2) for a true net income of $1.8 Million collected at these events.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Anthony Freud
General Director, President & CEO$617,584$0$0$0$107,218$0$20,048$0$21,982$0$766,832$0$27,000$0
Enrique Mazzola
Vice - Chair & Music Director$412,248$0$0$0$0$0$0$0$0$0$412,248$0$0$0
Elizabeth Hurley
Asst Secretary, Chief Advancement Officer$385,256$0$0$0$86,752$0$20,048$0$27,113$0$519,169$0$0$0
Roberta Lane
Asst Treasurer/CFAO (until Dec 2022)$343,908$0$0$0$101,706$0$20,048$0$19,085$0$484,747$0$0$0
Drew Landmesser
Chief Operating Officer & Deputy General Director$317,453$0$0$0$121,818$0$18,669$0$20,051$0$477,991$0$0$0
Paul Gunning
Vice President & Chief Marketing Officer$249,420$0$0$0$441$0$9,744$0$28,328$0$287,933$0$0$0
Vincente Milianti
Asst Treasurer/CFAO (beg Jan 2023)$178,838$0$0$0$288$0$11,010$0$21,839$0$211,975$0$0$0
Matthew Ozawa
Chief Artistic Administration Officer$161,016$0$0$0$133$0$5,908$0$15,252$0$182,309$0$0$0
Kathleen Sheehan
Vice President for Principal Gifts$234,967$0$0$0$1,267$0$12,381$0$19,198$0$267,813$0$0$0
Joe Dockweiler
Master Carpenter$190,959$0$0$0$0$0$23,875$0$45,922$0$260,756$0$0$0
Michael Reilly
Head Stagehand$182,844$0$0$0$0$0$22,571$0$39,027$0$244,442$0$0$0
Michael Black
Chorus Director & Head of Music$210,256$0$0$0$826$0$0$0$11,923$0$223,005$0$0$0
Anna Mattson
Vice President of Development$180,595$0$0$0$192$0$10,856$0$13,104$0$204,747$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a Travel for companionsTO ENCOURAGE BOARD AND SPONSORSHIP DEVELOPMENT, LYRIC OPERA SPONSORS AN ANNUAL EVENT FOR CERTAIN BOARD MEMBERS AND THEIR SIGNIFICANT OTHERS TO PARTICIPATE IN OPERATIC AND CULTURAL EVENTS IN A FOREIGN LOCALE. THE GENERAL DIRECTOR, PRESIDENT & CEO AND SPOUSE AND THE CHIEF ADVANCEMENT OFFICER ATTEND AND ARE AN INTEGRAL DAILY PART OF THIS EVENT. NONE OF THE COSTS ARE TAXED TO THE EMPLOYEES, AS THE TRIP IS FOR BUSINESS PURPOSES FOR LYRIC OPERA.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement planLyric contributed $27,000 to a supplemental nonqualified retirement plan for Anthony Freud. Drew Landmesser contributed $20,500 to a supplemental nonqualified retirement plan. The amounts that were contributed to a supplemental nonqualified retirement plan are included in Schedule J, Part II, Box (B)(iii).

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
Bulley rews Concrete Restoration LLC
ENTITY MORE THAN 35% OWNED BY A. BULLEY, TRUSTEE$242,640Contracted Consultant - Normal Course of Businessfalse
Colin Ure
Family Member of Current Trustee$16,020Employmentfalse

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution61ContributionCnt
Noncash Contributions Rpt F990$2,145,347NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Wine Auction Dinner Hosting9$261,012Market value
Yes (X)Wine8$29,583Market value
Yes (X)Airplane Travel Miles1$55,479Market value
Yes (X)Other non-cash contributions4$4Market value
FieldValueIRS element (for citing)
Form8283 Received2Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part I Explanations of reporting method for number of contributionsFormAndLineReferenceDesc
ExplanationSecurities - Publicly traded - Stock donations received Other - Wine Auction Dinner Hosting - Number of contributions Other - Wine Number of contributions Other - Airplane Travel Miles - Number of contributions Other - Other non-cash contributions - Number of contributionsExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (13 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 1a Delegate broad authority to a committeeThe Board of Directors shall designate not more than 30 Directors to constitute an Executive Committee. The Executive Committee shall have all of the authority of the Board in the management of the Corporation except with regard to matters on which the Board has acted and except further the Executive Committee shall not: (a) Adopt a plan for the distribution of the assets of the Corporation, or for dissolution; (b) Approve or recommend to Members any act the Illinois General Not For Profit Corporation Act of 1986 requires to be approved by Members; (c) Fill vacancies on the Board or on any of its committees; (d) Elect, appoint or remove any officer or Director or member of any committee, or fix the compensation of any member of a committee; (e) Adopt, amend, or repeal the Bylaws or the Articles of Incorporation; (f) Adopt a plan of merger or adopt a plan of consolidation with another corporation, or authorize the sale, lease, exchange or mortgage of all or substantially all of the property or assets of the Corporation; or (g) Amend, alter, repeal or take action inconsistent with any resolution or action of the Board of Directors when the resolution or action of the Board of Directors provides by its terms that it shall not be amended, altered or repealed by action of a committee. The delegation herein of authority to the Executive Committee shall not operate to relieve the Board of Directors, or any individual Director, of any responsibility imposed upon it, him, or her by law.
Form 990, Part VI, Line 2 Family/business relationships amongst interested personsScott Santi and Nancy Santi - Family relationship
Form 990, Part VI, Line 6 Classes of members or stockholdersEach person, firm or corporation donating $500 or more to the Corporation in any 10-month period from July 1 of any calendar year through April 30 of the following calendar year shall become a Member for the 12-month period beginning on the May 1 immediately following the end of such 10-month period and ending on the following April 30. Each person, firm or corporation donating $500 or more to the Corporation in any 2-month period beginning on the July 1 immediately following the end of such 2-month period and ending on the following June 30. The General Director or Executive Committee shall designate each Member as Aria, Platinum, Grand, Golden Grand, Silver Grand, Premier Benefactor, Bravo Circle, Impresario, Friend, Sustainer or such other designation as the General Director or Executive Committee shall determine based upon amount of contribution. The General Director or Executive Committee shall set and increase or decrease, from time to time, the respective amounts required for each designation. The various designations shall not affect the voting and other legal rights of Members under the Illinois General Not For Profit Corporation Act of 1986.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing bodyEach Member shall be entitled to one vote at each Annual Meeting for the election of Directors and on such other matters as are submitted to a vote of the Members. Each Member shall have the right to vote in person, by proxy or by e-mail or other electronic means for as many persons as there are Directors to be elected. No cumulative voting shall be permitted.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyThe Lyric Opera of Chicago Form 990 and Supplemental Schedules are prepared and reviewed by Lyric staff. A review is then performed by our Tax Advisor. The Form 990 and supplemental schedules are provided to the full Lyric Opera Audit Committee, along with the appropriate members of Lyric Opera staff, for their review prior to a meeting of the full audit committee where the Tax Advisor oversees the discussion and review of the Form 990. The audit committee then approves the filings prior to them being filed with the IRS.
Form 990, Part VI, Line 12c Conflict of interest policyLyric Opera maintains a Conflict of Interest Policy which applies to all Directors, officers of auxiliary organizations authorized by the Opera, as well as senior management and other designated members of the staff. The Policy requires each person to whom the policy applies to complete an annual disclosure questionnaire which identifies a business or financial interest of that person which is planning to engage in a business transaction with the Opera, or has engaged in a business transaction with the Opera during the preceding year. The Policy forbids such individuals from voting on or using their personal influence in connection with such transactions. In the event the Opera does conduct business with a related party, the financial terms of those relationships are reported annually to the Audit Committee, whose members must be independent per the terms of its charter. The Opera requires each full-time non-union employee to conduct themselves in accordance with the Code of Business Conduct and Ethics, approved by the Opera's Board of Directors, and to sign an annual statement acknowledging their understanding of this Code.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialThe process of determining compensation of the organization's General Director included the following: The General Director was hired in April 2011 with a 5 year contract, through June 30, 2016. The Compensation Committee, comprised of seven independent Board members and two ex-officio members, was charged under their charter with the responsibility to review and establish objectives relevant to the General Director's compensation, evaluate the General Director's performance in light of those objectives, and recommend to the Executive Committee the General Director's compensation level based on this evaluation. In 2016, the General Director (now called the General Director, President and Chief Executive Officer) was offered a new five-year contract, starting July 1, 2016 through June 30, 2021. On June 28, 2021, the Compensation Committee renewed the General Director, President, and CEO contract for an additional 5 year term ending June 30, 2026. The base salary offered in the new contract was benchmarked against comparable opera and performing arts companies and again approved by the Compensation Committee of the Board of Directors.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesThe process of determining compensation of other officers or key employees (anyone earning more than $150,000) included the following: 1) The Compensation Committee, made up of six independent Board members and one ex-officer member, reviewed the fiscal 2023 compensation arrangements in May 2022. This process is done annually. 2) Lyric salary bands are determined in consultation with an independent consultant on a periodic basis who, leveraging comparability data and benchmark comparisons from peer industry organizations based on size of revenue and operating budget as well as scope of management responsibility, sets salary bands for each of Lyric's eight staff job levels. 3) Salaries for all highly compensated employees with salaries over $150,000 per year must fall within their respective salary bands. 4) Recommendations, as well as any deliberation, were documented in the Compensation Committee minutes. A report to the Board with respect to compensation recommendation was reflected in the Board meeting minutes.
Form 990, Part VI, Line 19 Required documents available to the publicLyric Opera of Chicago posts audited financial statements on its website. Governing documents and conflicts of interest policy are not required disclosures pursuant to IRC Sec. 6104. These documents are not available to the public at this time.
Form 990, Part VIII, Line 2f Other Program Service RevenueMISCELLANEOUS - Total Revenue: 120213, Related or Exempt Function Revenue: 120213, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part VIII, Line 11d Other Miscellaneous RevenueMISCELLANEOUS - Total Revenue: 122716, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 122716; RENTAL SPACE - Total Revenue: 2827, Related or Exempt Function Revenue: , Unrelated Business Revenue: 2827, Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesCHANGE IN SEVERANCE PLANS' VALUATION - -15221; UNREALIZED GAIN - INTEREST RATE SWAP CONTRACT - 2260613; UNCOLLECTIBLE DEBT - -2536477;
FORM 990, PART V, LINE 7D - NUMBER OF FORMS 8282 FILED DURING THE YEARLYRIC OPERA FILED TWO FORMS 8282 IN FISCAL YEAR 2024 FOR DONATED ITEMS SOLD IN FISCAL YEAR 2023.