LYRIC OPERA OF CHICAGO: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
LYRIC OPERA OF CHICAGO (EIN 36-6008929)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-05-15
IRS object ID
202031369349304048
Schema version
2018v3.1
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)
Return2020-05-15T18:30:52-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

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 Begin2018-07-01TaxPeriodBeginDt

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/CFOPersonTitleTxt
Signature2020-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicole BencikPreparerPersonNm
PTINP00756195PTIN
Phone3128997000PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

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$134,723,165GrossReceiptsAmt
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 Body103VotingMembersGoverningBodyCnt
Voting Members Independent100VotingMembersIndependentCnt
Total Employee1162TotalEmployeeCnt
Total Volunteers1014TotalVolunteersCnt
Total Gross UBI$714,897TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$72,976NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$27,438,056PYContributionsGrantsAmt
CY Contributions Grants$39,120,440CYContributionsGrantsAmt
PY Program Service Revenue$29,058,100PYProgramServiceRevenueAmt
CY Program Service Revenue$32,510,099CYProgramServiceRevenueAmt
PY Investment Income$3,314,056PYInvestmentIncomeAmt
CY Investment Income$7,396,887CYInvestmentIncomeAmt
PY Other Revenue$2,068,579PYOtherRevenueAmt
CY Other Revenue$2,362,333CYOtherRevenueAmt
PY Total Revenue$61,878,791PYTotalRevenueAmt
CY Total Revenue$81,389,759CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$48,643,185PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$46,698,099CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$5,530,275CYTotalFundraisingExpenseAmt
PY Other Expenses$36,518,844PYOtherExpensesAmt
CY Other Expenses$33,310,298CYOtherExpensesAmt
PY Total Expenses$85,162,029PYTotalExpensesAmt
CY Total Expenses$80,008,397CYTotalExpensesAmt
PY Revenues Less Expenses-$23,283,238PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,381,362CYRevenuesLessExpensesAmt
Total Assets BOY$293,716,752TotalAssetsBOYAmt
Total Assets EOY$298,944,224TotalAssetsEOYAmt
Total Liabilities BOY$94,923,224TotalLiabilitiesBOYAmt
Total Liabilities EOY$97,736,379TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$198,793,528NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$201,207,845NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
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 SrvcYes (true)SignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$63,115,866ExpenseAmt
Grant$0GrantAmt
Revenue$32,454,499RevenueAmt
DescDURING THE FISCAL YEAR, 55 OPERA PERFORMANCES, 34 PERFORMANCES OF ONE MUSICAL, AND 2 CONCERTS/RECITALS REHEARSALS WERE PRODUCED BY LYRIC OPERA OF CHICAGO. THESE PERFORMANCES WERE ATTENDED BY APPROXIMATELY 267,700 PEOPLE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,842,166ExpenseAmt
Grant$0GrantAmt
Revenue$74,508RevenueAmt
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. MORE THAN 370 YOUTH AND ADULT PROGRAMS WERE HELD THROUGHOUT THE YEAR. MOST OF THESE ACTIVITIES TOOK PLACE AT VARIOUS LOCATIONS THROUGHOUT THE CHICAGOLAND AREA. ATTENDANCE FOR THESE EDUCATIONAL ACTIVITIES TOTALED APPROXIMATELY 86,000. 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$779,699ExpenseAmt
Grant$0GrantAmt
Revenue$129,356RevenueAmt
DescPRESENTATION AND EVENTS HELD IN THE FACILITY DURING THE FISCAL YEAR WAS COMPRISED OF 57 EVENTS WITH TOTAL ATTENDANCE OF APPROXIMATELY 60,100 PEOPLE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$65,737,731TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
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 StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
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 MemYes (true)BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (true)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
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
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document283IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee1162EmployeeCnt
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
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 Members103GoverningBodyVotingMembersCnt
Independent Voting Member100IndependentVotingMemberCnt
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 FldNYStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Roberta LaneBusinessNameLine1Txt
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 (116 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Anthony Freud
General Director, President & CEO40.0Yes (X)Yes (X)$697,984$0$56,012
David T Ormesher
Chairman6.0Yes (X)Yes (X)$0$0$0
Lester Crown
Exec. Committee Chair1.0Yes (X)Yes (X)$0$0$0
Sir Andrew Davis
Vice-Chair1.0Yes (X)Yes (X)$0$0$0
William C Vance
Vice-Chair1.0Yes (X)Yes (X)$0$0$0
Shirley Welsh Ryan
Vice-Chair2.0Yes (X)Yes (X)$0$0$0
Renee Fleming
Vice-Chair1.0Yes (X)Yes (X)$0$0$0
James L Alexander
Vice-Chair3.0Yes (X)Yes (X)$0$0$0
Donna Van Eekeren
Secretary2.0Yes (X)Yes (X)$0$0$0
Paul J Carbone
Treasurer/Ending 10.19.18, Trustee/partial year to 4.26.193.0Yes (X)Yes (X)$0$0$0
Ruth Ann M Gillis
Treasurer/Beginning 10.19.182.0Yes (X)Yes (X)$0$0$0
Larry A Barden
Trustee1.0Yes (X)$0$0$0
Julie Baskes
Trustee2.0Yes (X)$0$0$0
James N Bay Jr
Trustee1.0Yes (X)$0$0$0
Melvin Berlin
Trustee1.0Yes (X)$0$0$0
Gilda Buchbinder
Trustee1.0Yes (X)$0$0$0
Allan Bulley
Trustee1.0Yes (X)$0$0$0
Marion A Cameron
Trustee2.0Yes (X)$0$0$0
David W Carpenter
Trustee1.0Yes (X)$0$0$0
Richard W Colburn
Trustee1.0Yes (X)$0$0$0
Vinay Couto
Trustee1.0Yes (X)$0$0$0
Michael P Cole
Trustee1.0Yes (X)$0$0$0
Marsha Cruzan
Trustee1.0Yes (X)$0$0$0
MD Whitney Addington
Trustee1.0Yes (X)$0$0$0
John P Amboian
Trustee1.0Yes (X)$0$0$0
Paul F Anderson
Trustee1.0Yes (X)$0$0$0
Chaz Ebert
Trustee1.0Yes (X)$0$0$0
Stefan T Edlis
Trustee1.0Yes (X)$0$0$0
Lois Eisen
Trustee1.0Yes (X)$0$0$0
Jamie Fellowes
Trustee/Beginning 10.19.181.0Yes (X)$0$0$0
Sonia Florian
Trustee1.0Yes (X)$0$0$0
Katherine A Abelson
Trustee1.0Yes (X)$0$0$0
Dan Draper
Trustee1.0Yes (X)$0$0$0
Charles Droege
Trustee1.0Yes (X)$0$0$0
Joseph Dominguez
Trustee/Beginning 4.23.191.0Yes (X)$0$0$0
Ann Drake
Trustee1.0Yes (X)$0$0$0
Mary Patricia Gannon
Trustee1.0Yes (X)$0$0$0
Brent W Gledhill
Trustee2.0Yes (X)$0$0$0
Maria C Green
Trustee1.0Yes (X)$0$0$0
Dietrich M Gross
Trustee1.0Yes (X)$0$0$0
Elliot E Hirsch
Trustee1.0Yes (X)$0$0$0
Eric L Hirschfield
Trustee1.0Yes (X)$0$0$0
J Thomas Hurvis
Trustee2.0Yes (X)$0$0$0
Gregory K Jones
Trustee1.0Yes (X)$0$0$0
Dan Grossman
Trustee1.0Yes (X)$0$0$0
Kip Kelley II
Trustee1.0Yes (X)$0$0$0
Susie Kiphart
Trustee/Beginning 10.19.181.0Yes (X)$0$0$0
Lori Komisar
Trustee1.0Yes (X)$0$0$0
Josef Lakonishok
Trustee2.0Yes (X)$0$0$0
Ethel C Gofen
Trustee1.0Yes (X)$0$0$0
Howard L Gottlieb
Trustee2.0Yes (X)$0$0$0
Melvin Gray
Trustee1.0Yes (X)$0$0$0
Karen Gray-Krehbiel
Trustee/Beginning 6.20.191.0Yes (X)$0$0$0
Dan Manoogian
Trustee/Beginning 10.19.181.0Yes (X)$0$0$0
Blythe J McGarvie
Trustee1.0Yes (X)$0$0$0
Andrew J McKenna
Trustee1.0Yes (X)$0$0$0
Mimi Mitchell
Trustee/Beginning 10.19.181.0Yes (X)$0$0$0
Frank B Modruson
Trustee2.0Yes (X)$0$0$0
Robert S Morrison
Trustee1.0Yes (X)$0$0$0
Allan B Muchin
Trustee2.0Yes (X)$0$0$0
Linda K Myers
Trustee1.0Yes (X)$0$0$0
Jeffrey C Neal
Trustee1.0Yes (X)$0$0$0
Sylvia Neil
Trustee2.0Yes (X)$0$0$0
Ken R Norgan
Trustee1.0Yes (X)$0$0$0
Sharon F Oberlander
Trustee2.0Yes (X)$0$0$0
John W Oleniczak
Trustee2.0Yes (X)$0$0$0
Gregory O'Leary
Trustee1.0Yes (X)$0$0$0
James W Mabie
Trustee2.0Yes (X)$0$0$0
Craig C Martin
Trustee1.0Yes (X)$0$0$0
Robert J McCullen
Trustee1.0Yes (X)$0$0$0
Olufummilayo Olopade
Trustee1.0Yes (X)$0$0$0
Richard Pomeroy
Trustee1.0Yes (X)$0$0$0
Don M Randel
Trustee1.0Yes (X)$0$0$0
Elke Rehbock
Trustee1.0Yes (X)$0$0$0
Anne N Reyes
Trustee1.0Yes (X)$0$0$0
Brenda Robinson
Trustee1.0Yes (X)$0$0$0
Collin E Roche
Trustee1.0Yes (X)$0$0$0
Joseph O Rubinelli Jr
Trustee1.0Yes (X)$0$0$0
Richard Ryan
Trustee/Beginning 2.15.191.0Yes (X)$0$0$0
Claudia M Saran
Trustee1.0Yes (X)$0$0$0
Rodd M Schreiber
Trustee1.0Yes (X)$0$0$0
Christine Schyvinck
Trustee/Beginning 4.23.191.0Yes (X)$0$0$0
Marsha Serlin
Trustee2.0Yes (X)$0$0$0
Brenda M Shapiro
Trustee2.0Yes (X)$0$0$0
Richard Shepro
Trustee1.0Yes (X)$0$0$0
Eric S Smith
Trustee2.0Yes (X)$0$0$0
Kevin Smith
Trustee/Beginning 4.23.191.0Yes (X)$0$0$0
Pam Szokol
Trustee1.0Yes (X)$0$0$0
Franco Tedeschi
Trustee1.0Yes (X)$0$0$0
Mark A Thierer
Trustee1.0Yes (X)$0$0$0
Cherryl T Thomas
Trustee1.0Yes (X)$0$0$0
Olivia Tyrrell
Trustee1.0Yes (X)$0$0$0
Roberta L Washlow
Trustee1.0Yes (X)$0$0$0
Miles D White
Trustee1.0Yes (X)$0$0$0
Matthew Fisher
Trustee1.0Yes (X)$0$0$0
Amelie Ngrier-Oyarzabal
Trustee1.0Yes (X)$0$0$0
Scott Cozad
Trustee/Beginning 4.23.191.0Yes (X)$0$0$0
Jose Luis Prado
Trustee1.0Yes (X)$0$0$0
William A Osborn
Trustee1.0Yes (X)$0$0$0
Matthew J Parr
Trustee1.0Yes (X)$0$0$0
Jane DiRenzo Pigott
Trustee1.0Yes (X)$0$0$0
John E Butler
Trustee1.0Yes (X)$0$0$0
Allan Drebin
Trustee1.0Yes (X)$0$0$0
Scott E Santi
Trustee1.0Yes (X)$0$0$0
Michael W Ferro Jr
Trustee/Partial year to 8.31.181.0Yes (X)$0$0$0
Sandy Koltun
Trustee/Partial year 10.19.18 - 5.6.191.0Yes (X)$0$0$0
Jana R Schreuder
Trustee/Partial year to 10.19.181.0Yes (X)$0$0$0
Drew Landmesser
Deputy General Director40.0Yes (X)$300,529$0$50,668
Roberta Lane
Asst Treasurer, CFO40.0Yes (X)$312,933$0$36,010
Elizabeth Hurley
Asst Secretary, Director of Development Beginning March 201840.0Yes (X)$286,355$0$29,710
Michael C Reynolds
Master Electrician40.0$209,200$0$63,886Yes (X)
Lisa Middleton
Vice President, Marketing and Communications40.0$203,862$0$44,881Yes (X)
Michael Geller
Orchestra member40.0$204,926$0$10,915Yes (X)
Joe Dockweiler
Master Carpenter40.0$202,465$0$66,782Yes (X)
Nicholas I Martin
Vice President, Operations & Labor Stragety40.0$176,131$0$42,599Yes (X)
Mary L Selander
Former Asst Secretary, Director of Development Until February 201840.0$338,653$0$15,914Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,933,038TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$417,377TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K79IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
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/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line1ContractorAddress/ForeignAddress/AddressLine1TxtCityContractorAddress/ForeignAddress/CityNmProvince Or StateContractorAddress/ForeignAddress/ProvinceOrStateNmCountryContractorAddress/ForeignAddress/CountryCdForeign PostalContractorAddress/ForeignAddress/ForeignPostalCd
Allied Integrated Marketing
55 Cambridge ParkwayCambridgeMA02142Advertising Agency$1,555,536
Calihan Catering
833 W HainesChicagoIL60622Catering$1,107,191
Jewell Events Catering
424 N Wood StChicagoIL60622Catering$951,070
SIRAD Inc
215 W Washington StreetChicagoIL60606Conductor, Music Director$717,922
The Aber Group
Advertising$522,810120 Eglinton Avenue East Suite 202TorontoOntarioCAM4P1E2
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K51CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd
Fundraising$3,120,253FundraisingAmt
Government Grants$137,900GovernmentGrantsAmt
All Other Contributions$35,862,287AllOtherContributionsAmt
Noncash Contributions$3,469,190NoncashContributionsAmt
Total Contributions$39,120,440TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TICKET SALES711190$30,174,416$30,174,416
TICKET HNDLG/EXCHG FEES711190$1,665,046$1,665,046
PRODUCTION RENTALS/CO-PRODUCTION INCOME711190$502,930$502,930
EDUCATION ACTIVITIES711190$74,508$74,508

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$93,199TotalRevenueColumnAmt
Related Or Exempt Func Income$93,199RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$32,510,099TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,330,303TotalRevenueColumnAmt
Unrelated Business Revenue$26,621UnrelatedBusinessRevenueAmt
Exclusion$3,303,682ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$55,000,077SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$50,931,530SecuritiesAmt
Other$1,963OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$4,068,547SecuritiesAmt
Other-$1,963OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,066,584TotalRevenueColumnAmt
Exclusion$4,066,584ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$576,858FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$3,120,253ContriRptFundraisingEventAmt
Fundraising Direct Expenses$1,382,701FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$805,843TotalRevenueColumnAmt
Exclusion-$805,843ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,739,313GrossSalesOfInventoryAmt
Cost Of Goods Sold$1,017,212CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$722,101TotalRevenueColumnAmt
Related Or Exempt Func Income$18,908RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$150,882UnrelatedBusinessRevenueAmt
Exclusion$552,311ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PARTY RECEPTION INCOME900099$1,035,446$534,729$500,717
DINING SPACES900099$853,776$853,776
FACILITIES EVENTS FEES900099$129,356$129,356

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$427,497TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$2,665UnrelatedBusinessRevenueAmt
Exclusion$424,832ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,446,075OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$81,389,759TotalRevenueColumnAmt
Related Or Exempt Func Income$32,658,363RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$714,897UnrelatedBusinessRevenueAmt
Exclusion$8,896,059ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,847,431TotalAmt
Program Services$395,517ProgramServicesAmt
Management And General$736,890ManagementAndGeneralAmt
Fundraising$715,024FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$9,480TotalAmt
Program Services$9,480ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$33,494,455TotalAmt
Program Services$29,104,706ProgramServicesAmt
Management And General$2,444,342ManagementAndGeneralAmt
Fundraising$1,945,407FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$3,029,879TotalAmt
Program Services$2,776,898ProgramServicesAmt
Management And General$136,337ManagementAndGeneralAmt
Fundraising$116,644FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,426,895TotalAmt
Program Services$4,849,991ProgramServicesAmt
Management And General$253,271ManagementAndGeneralAmt
Fundraising$323,633FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,889,959TotalAmt
Program Services$2,450,002ProgramServicesAmt
Management And General$257,270ManagementAndGeneralAmt
Fundraising$182,687FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$276,954TotalAmt
Program Services$156,775ProgramServicesAmt
Management And General$120,179ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$167,330TotalAmt
Program Services$1,375ProgramServicesAmt
Management And General$165,955ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,336,060TotalAmt
Management And General$1,330,348ManagementAndGeneralAmt
Fundraising$5,712FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$7,491,300TotalAmt
Program Services$6,724,880ProgramServicesAmt
Management And General$183,353ManagementAndGeneralAmt
Fundraising$583,067FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,945,276TotalAmt
Program Services$2,849,385ProgramServicesAmt
Management And General$5,759ManagementAndGeneralAmt
Fundraising$90,132FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,183,816TotalAmt
Program Services$610,874ProgramServicesAmt
Management And General$332,514ManagementAndGeneralAmt
Fundraising$240,428FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,120,618TotalAmt
Program Services$59,466ProgramServicesAmt
Management And General$1,058,753ManagementAndGeneralAmt
Fundraising$2,399FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$986,620TotalAmt
Program Services$986,620ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,039,704TotalAmt
Program Services$1,784,540ProgramServicesAmt
Management And General$182,396ManagementAndGeneralAmt
Fundraising$72,768FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,305,044TotalAmt
Program Services$1,001,712ProgramServicesAmt
Management And General$122,980ManagementAndGeneralAmt
Fundraising$180,352FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$43,224TotalAmt
Program Services$16,581ProgramServicesAmt
Management And General$7,526ManagementAndGeneralAmt
Fundraising$19,117FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,715,871TotalAmt
Program Services$2,424,728ProgramServicesAmt
Management And General$276,026ManagementAndGeneralAmt
Fundraising$15,117FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,293,723TotalAmt
Program Services$3,869,160ProgramServicesAmt
Management And General$424,563ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,018,758TotalAmt
Program Services$712,526ProgramServicesAmt
Management And General$303,498ManagementAndGeneralAmt
Fundraising$2,734FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
Production Costs$3,903,666$3,903,666
Charge Card Fees$768,100$685,974$82,126
Catering$285,746$32,337$247,206$6,203
Purchases/Rentals$37,683$36,245$1,438

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,390,805TotalAmt
Program Services$330,538ProgramServicesAmt
Management And General$390,790ManagementAndGeneralAmt
Fundraising$669,477FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$80,008,397TotalAmt
Program Services$65,737,731ProgramServicesAmt
Management And General$8,740,391ManagementAndGeneralAmt
Fundraising$5,530,275FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,643,435BOYAmt
EOY$3,582,260EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$847,432BOYAmt
EOY$855,126EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$44,700,790BOYAmt
EOY$31,799,903EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$989,351BOYAmt
EOY$635,658EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$40,726BOYAmt
EOY$23,921EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,076,241BOYAmt
EOY$2,823,088EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$113,130,593LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$72,379,867LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$43,362,842BOYAmt
EOY$40,750,726EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$75,937,955BOYAmt
EOY$107,174,920EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$122,074,570BOYAmt
EOY$111,254,486EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$43,410BOYAmt
EOY$44,136EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$293,716,752BOYAmt
EOY$298,944,224EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,879,828BOYAmt
EOY$6,793,979EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$13,929,007BOYAmt
EOY$15,366,103EOYAmt

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)
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,314,389BOYAmt
EOY$9,776,297EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$94,923,224BOYAmt
EOY$97,736,379EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$97,953,873BOYAmt
EOY$106,245,882EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$71,318,615BOYAmt
EOY$65,365,455EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$29,521,040BOYAmt
EOY$29,596,508EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$198,793,528BOYAmt
EOY$201,207,845EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$293,716,752BOYAmt
EOY$298,944,224EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,381,362ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,817,288NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$784,333OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

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$54,197,015CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$37,985,524CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$26,201,904CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$27,438,056CurrentTaxYearMinus1YearAmt
Current Tax Year$39,120,440CurrentTaxYearAmt
Total$184,942,939TotalAmt

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$54,197,015CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$37,985,524CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$26,201,904CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$27,438,056CurrentTaxYearMinus1YearAmt
Current Tax Year$39,120,440CurrentTaxYearAmt
Total$184,942,939TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$13,202,408SubstantialContributorsTotAmt
Public Support Total170$171,740,531PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,074,070CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,207,420CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,448,237CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,193,262CurrentTaxYearMinus1YearAmt
Current Tax Year$3,804,399CurrentTaxYearAmt
Total$12,727,388TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$320,368CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$67,579CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$36,546CurrentTaxYearMinus1YearAmt
Current Tax Year$72,976CurrentTaxYearAmt
Total$497,469TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$912,618CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$962,582CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$911,764CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,029,141CurrentTaxYearMinus1YearAmt
Current Tax Year$1,216,737CurrentTaxYearAmt
Total$5,032,842TotalAmt
FieldValueIRS element (for citing)
Total Support$203,200,638TotalSupportAmt
Gross Receipts Rltd Activities$152,346,810GrossReceiptsRltdActivitiesAmt
Public Support CY1700.8452PublicSupportCY170Pct
Public Support PY1700.9072PublicSupportPY170Pct
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 - 885907.0, COLUMN B - 867039.0, COLUMN C - 794128.0, COLUMN D - 795866.0, COLUMN E - 853776.0, COLUMN F - 4196716.0; DESCRIPTION - OTHER, COLUMN A - 26711.0, COLUMN B - 95543.0, COLUMN C - 117636.0, COLUMN D - 233275.0, COLUMN E - 362961.0, COLUMN F - 836126.0;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

FieldValueIRS element (for citing)
Agent Trustee EtcYes (true)AgentTrusteeEtcInd
Ending Balance$0EndingBalanceAmt
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$53,157,706BeginningYearBalanceAmt
Contributions$725,560ContributionsAmt
Investment Earnings Or Losses$4,287,527InvestmentEarningsOrLossesAmt
Other Expenditures$2,431,050OtherExpendituresAmt
Administrative Expenses$347,560AdministrativeExpensesAmt
End Year Balance$55,392,183EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$47,495,887BeginningYearBalanceAmt
Contributions$1,581,116ContributionsAmt
Investment Earnings Or Losses$6,653,730InvestmentEarningsOrLossesAmt
Other Expenditures$2,400,903OtherExpendituresAmt
Administrative Expenses$172,124AdministrativeExpensesAmt
End Year Balance$53,157,706EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$49,178,387BeginningYearBalanceAmt
Contributions$1,639,585ContributionsAmt
Investment Earnings Or Losses-$961,141InvestmentEarningsOrLossesAmt
Other Expenditures$2,191,886OtherExpendituresAmt
Administrative Expenses$169,058AdministrativeExpensesAmt
End Year Balance$47,495,887EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$49,589,868BeginningYearBalanceAmt
Contributions$237,861ContributionsAmt
Investment Earnings Or Losses$1,437,419InvestmentEarningsOrLossesAmt
Other Expenditures$1,843,533OtherExpendituresAmt
Administrative Expenses$243,228AdministrativeExpensesAmt
End Year Balance$49,178,387EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.0BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.54PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.46TermEndowmentBalanceEOYPct
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$90,787,533OtherCostOrOtherBasisAmt
Depreciation$60,785,550DepreciationAmt
Book Value$30,001,983BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,744,633OtherCostOrOtherBasisAmt
Depreciation$9,868,927DepreciationAmt
Book Value$8,875,706BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,901,850OtherCostOrOtherBasisAmt
Depreciation$1,725,390DepreciationAmt
Book Value$1,176,460BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$40,750,726TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (10 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Hedged Equities- Non-Publicly
Absolute Return- Non-Publicly Traded
Equities- Non-Publicly Traded
Real Assets- Non-Publicly Traded
Assets Held in Trust
Hedged Equities- Non-Publicly$18,717,537F
Absolute Return- Non-Publicly Traded$29,959,210F
Equities- Non-Publicly Traded$50,419,247F
Real Assets- Non-Publicly Traded$7,542,542F
Assets Held in Trust$4,615,950F
FieldValueIRS element (for citing)
Total Book Value Securities$111,254,486TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Annuities Payable$727,490
Interest Rate Swap Contract$9,048,807
FieldValueIRS element (for citing)
Total Liability$9,776,297TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part IV, Line 1b Agent, trustee, custodian, or other intermediary arrangementLyric Opera acts as custodian of all assets and paymaster for payments for the Ryan Opera Center, to facilitate better controls and cost effectiveness.
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 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 returns 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 would recognize interest and penalties related to unrecognized tax positions in interest and income tax expense, respectively. However, the Opera has no amounts accrued for interest or penalties as of June 30, 2019 and 2018. There are no on-going federal, state or local tax audits.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean00InvestmentsNA$32,244,721
Europe (Including Iceland and Greenland)00,Management & Gen'l - Information Technology CostsNA$4,000
Europe (Including Iceland and Greenland)00Program ServicesArtistic/Production Costs$763,695
Europe (Including Iceland and Greenland)00,Management & Gen'l - TravelNA$165,891
Europe (Including Iceland and Greenland)00Program ServicesMarketing Consulting$1,755
Europe (Including Iceland and Greenland)00InvestmentsNA$5,353,282
North America (Canada & Mexico only)00Program ServicesMarketing consulting$523,395
North America (Canada & Mexico only)00,Management & Gen'l - Information Technology CostsNA$22,482
North America (Canada & Mexico only)00,Management & Gen'l TravelNA$649
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$39,079,870SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$39,079,870TotalSpentAmt
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 3FormAndLineReferenceDesc
ExplanationTO ENCOURAGE BOARD AND SPONSORSHIP DEVELOPMENT, LYRIC OPERA SPONSORS AN ANNUAL EVENT FOR CERTAIN BOARD MEMBERS TO PARTICIPATE IN OPERATIC AND CULTURAL EVENTS IN A FOREIGN LOCALE. EXPENSES FOR LODGING, MEALS, AND EVENTS ARE PAID BY LYRIC AND REIMBURSED BY THE ATTENDING BOARD MEMBERS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Opening Night / Opera BallEvent1Nm
Gross Receipts Event1$859,660GrossReceiptsEvent1Amt
Charitable Contri Event1$752,410CharitableContriEvent1Amt
Gross Revenue Event1$107,250GrossRevenueEvent1Amt
Rent Facility Costs Event1$4,016RentFacilityCostsEvent1Amt
Food And Beverage Event1$139,010FoodAndBeverageEvent1Amt
Entertainment Event1$10,260EntertainmentEvent1Amt
Other Direct Expenses Event1$148,660OtherDirectExpensesEvent1Amt
Event2Musical GalaEvent2Nm
Gross Receipts Event2$659,195GrossReceiptsEvent2Amt
Charitable Contri Event2$602,983CharitableContriEvent2Amt
Gross Revenue Event2$56,212GrossRevenueEvent2Amt
Rent Facility Costs Event2$24,788RentFacilityCostsEvent2Amt
Food And Beverage Event2$66,580FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$36,631OtherDirectExpensesEvent2Amt
Other Events Total14OtherEventsTotalCnt
Gross Receipts Other Events$2,178,256GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$1,764,860CharitableContriOtherEventsAmt
Gross Revenue Other Events$413,396GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$44,500RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$420,560FoodAndBeverageOtherEventsAmt
Entertainment Other Events$20,817EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$466,879OthDirectExpnssOtherEventsAmt
Gross Receipts Total$3,697,111GrossReceiptsTotalAmt
Charitable Contributions Tot$3,120,253CharitableContributionsTotAmt
Gross Revenue Total Events$576,858GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$73,304RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$626,150FoodAndBeverageTotalEventsAmt
Entertainment Total Events$31,077EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$652,170OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$1,382,701DirectExpenseSummaryEventsAmt
Net Income Summary-$805,843NetIncomeSummaryAmt

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. $3.2 million of charitable contributions were collected (Schedule G, Part II, line 2) for a true net income of $2.3 million collected at these events.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
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 PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
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 (10 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$606,332$0$0$0$91,652$0$34,615$0$21,397$0$753,996$0$0$0
Drew Landmesser
Deputy General Director$299,262$0$0$0$1,267$0$31,819$0$18,849$0$351,197$0$0$0
Roberta Lane
Asst Treasurer, CFO$311,666$0$0$0$1,267$0$16,486$0$19,524$0$348,943$0$0$0
Elizabeth Hurley
Asst Secretary, Director of Development Beginning March 2018$285,720$0$0$0$635$0$9,757$0$19,953$0$316,065$0$0$0
Michael C Reynolds
Master Electrician$209,200$0$0$0$0$0$22,953$0$40,933$0$273,086$0$0$0
Lisa Middleton
Vice President, Marketing and Communications$203,574$0$0$0$288$0$13,788$0$31,093$0$248,743$0$0$0
Michael Geller
Orchestra member$56,370$0$0$0$148,556$0$6,227$0$4,688$0$215,841$0$0$0
Joe Dockweiler
Master Carpenter$202,465$0$0$0$0$0$22,615$0$44,167$0$269,247$0$0$0
Nicholas I Martin
Vice President, Operations & Labor Stragety$175,690$0$0$0$441$0$10,821$0$31,778$0$218,730$0$0$0
Mary L Selander
Former Asst Secretary, Director of Development Until February 2018$338,458$0$0$0$195$0$11,571$0$4,343$0$354,567$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 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. Both the General Director and the Director of Development, along with their spouses, attend and are an integral daily part of this event. Lyric is reimbursed for the cost of the General Director and the Director of Development's spouses to attend the event. None of the costs are taxed to the employees, as the trip is for bona fide business purposes for Lyric Opera.
Schedule J, Part I, Line 1a Tax indemnification and gross-up paymentsMary Selander, as a consultant, received an additional cash payment based on Lyric's 401(k) Plan employer contribution formula for the plan year. The payment was increased by an additional amount to compensate the Consultant for federal and state income taxes and self-employment taxes payable by the Consultant.
Schedule J, Part I, Line 1a Health or social club dues or initiation feesIn accordance with the terms of his contract when hired, Lyric Opera reimburses Mr. Freud for his health club dues, which are a taxable benefit.
Schedule J, Part I, Line 4a Severance or change-of-control paymentMichael Geller received a severance payment of $148,556 per the collective bargaining agreement between Lyric Opera and the Chicago Federation of Musicians.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
SIRAD INC
ENTITY MORE THAN 35% OWNED BY A. DAVIS, CURRENT TRUSTEE$629,214CONTRACTED CONSULTANT - NORMAL COURSE OF BUSINESSfalse
Colin Ure
FAMILY MEMBER OF CURRENT TRUSTEE$9,480EMPLOYMENTfalse
Mary Selander
Former Employee$163,070CONSULTANTfalse

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution63ContributionCnt
Noncash Contributions Rpt F990$3,336,848NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Gift Certificates28$106,145Market value
Yes (X)Food & Refreshments6$5,430Market value
Yes (X)Decorations3$202Market value
Yes (X)Creative Design5$20,430Market value
Yes (X)Jewelry1$135Market value
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
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 - Gift Certificates - Number of contributions Other - Food & Refreshments - Number of contributions Other - Decorations - Number of contributions Other - Creative Design - Number of contributions Other - Jewelry - Number of Items ReceivedExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (14 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 2 New program servicesAs of 6/30/2019, Lyric Opera of Chicago and The Patrick G and Shirley W Ryan Opera Center merged, with the Lyric Opera of Chicago being the surviving entity. The Lyric Opera of Chicago will continue to carry out the programs offered by The Patrick G and Shirley W Ryan Opera Center. These programs include offering year-round training and performance opportunities to the artists and performers of the Opera Center. Training and performance opportunities include instruction in voice, acting and language, as well as master classes, all of which are provided by artists, faculty and staff.
Form 990, Part V, Line 1a NUMBER REPORTED IN BOX 3 OF FORM 1096LYRIC OPERA PROVIDES ADMINISTRATIVE SERVICES AND MAINTAINS THE BOOKS AND RECORDS OF THE RYAN OPERA CENTER. ALL VENDORS, INCLUDING INDEPENDENT CONTRACTORS, FOR BOTH LYRIC OPERA AND THE RYAN OPERA CENTER ARE PAID THROUGH LYRIC OPERA OF CHICAGO.
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 personsMichael W. Ferro Jr., Andrew J. McKenna, Miles D. White, William Osborn - Business relationship, J. Christopher Reyes And Anne N Reyes - Family relationship, David Ormesher and Vikram Karnani - Business relationship, Gregory Jones, Brent W. Gledhill, Andrew J. McKenna - Business 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 Schedules are prepared and reviewed by Lyric staff. A review is then performed by our Tax Advisor. The Form 990 and related 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 nine members of the Board of Directors who are deemed independent, 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. The compensation 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. The Compensation Committee of the Board of Directors reviews the contract on an annual basis.
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 seven independent board members and two ex-officio members, reviewed the fiscal 2019 compensation arrangements on April 13, 2018. This process is done annually. 2) Lyric salary bands are determined by an independent consultant every three years 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: 87306, Related or Exempt Function Revenue: 87306, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Other Revenue - Total Revenue: 5893, Related or Exempt Function Revenue: 5893, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part VIII, Line 11d Other Miscellaneous RevenueRental Space - Total Revenue: 2665, Related or Exempt Function Revenue: , Unrelated Business Revenue: 2665, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Prior Year Over Accruals - Total Revenue: 362962, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 362962; Coat Check Revenue - Total Revenue: 31505, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 31505; Transportation Income - Total Revenue: 30365, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 30365;
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesCHANGE IN SEVERANCE PLANS' VALUATION - -144116; UNREALIZED LOSS - INTEREST RATE SWAP CONTRACT - -2037649; TRANSFER OF NET ASSETS FROM THE PATRICK G. AND SHIRLEY W. RYAN OPERA CENTER - 1397432;

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