2020-08-12T14:52:39-05:00 2019-09-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2018-10-01 366002273 RAVINIA FESTIVAL ASSOCIATION RAVI 8472665000 418 SHERIDAN ROAD HIGHLAND PARK IL 60035 WELZ KAUFFMAN PRESIDENT & CEO 8472665000 2020-08-06 1 LU ANN TRAPP P01506476 3122071040 2020-08-06 24.14.73.49 2020-08-06 14:53:26 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2020-11-19 02:30:22Z WELZ KAUFFMAN 418 SHERIDAN ROAD HIGHLAND PARK IL 60035 69033073 0 X WWW.RAVINIA.ORG X 1936 IL TO PRESENT WORLD-CLASS MUSIC, THEATRE AND CULTURAL PRESENTATIONS. 82 81 850 250 -5982 0 20231406 14604686 22288545 26299958 1217494 5790819 141363 197554 43878808 46893017 0 0 0 0 11109949 11977136 0 0 2520895 31175785 37589992 42285734 49567128 1593074 -2674111 208513845 204253277 12870182 13635615 195643663 190617662 X RAVINIA IS AN INTERNATIONALLY RENOWNED, NOT-FOR-PROFIT MUSIC FESTIVAL THAT PRESENTS OUTSTANDING PERFORMANCES BY THE WORLD'S GREATEST ARTISTS. RAVINIA'S PRINCIPAL OBJECTIVES ARE: -TO PRESENT PERFORMANCES OF A FULL RANGE OF CLASSICAL MUSIC IN ITS OPEN-AIR PAVILION AND ENCLOSED RECITAL HALLS, BY THE WORLD'S GREATEST COMPOSERS AND MUSICIANS, ALONG WITH A VARIETY OF OTHER KINDS OF LIGHT CLASSICAL, JAZZ AND POPULAR MUSIC. -TO MAINTAIN A BEAUTIFUL PARK THAT IS WELCOMING TO ALL AND ATTRACTIVE TO FAMILIES IN WHICH THE MUSIC EXPERIENCE IS ENHANCED BY A BEAUTIFUL ENVIRONMENT AND EXCELLENT DINING OPPORTUNITIES.-TO ENABLE GIFTED YOUNG PERFORMERS TO STUDY UNDER GREAT TEACHERS AND PERFORM IN CONCERT SETTINGS.-AND TO DEVELOP BROADER AND MORE DIVERSE AUDIENCES FOR CLASSICAL MUSIC THROUGH EDUCATION AND OUTREACH PROGRAMS AND BY MAINTAINING AFFORDABLE TICKET PRICES. 0 0 39556531 25891063 FOUNDED IN 1904, RAVINIA IS THE OLDEST OUTDOOR MUSIC FESTIVAL IN NORTH AMERICA AND PRESENTS A WIDE-RANGING SERIES OF CONCERTS REACHING APPROXIMATELY 600,000 VISITORS OF DIVERSE BACKGROUNDS EACH SUMMER SEASON. CLASSICAL MUSIC IS CENTRAL TO THE MISSION OF RAVINIA, WHICH HAS HOSTED THE CHICAGO SYMPHONY ORCHESTRA IN SUMMER RESIDENCE SINCE 1936. RAVINIA ANNUALLY PRESENTS MORE THAN 140 SEPARATE EVENTS OVER THE SUMMER MONTHS OF JUNE THROUGH SEPTEMBER WHICH SPAN ALL GENRES FROM CLASSICAL MUSIC TO JAZZ TO MUSIC THEATER, WITH A SPECIAL EMPHASIS ON CLASSICAL MUSIC. 1875206 45750 RAVINIA OPERATES A PROFESSIONAL STUDIES PROGRAM, THE STEANS MUSIC INSTITUTE (RSMI), THROUGH WHICH SERIOUS ARTISTS FROM AROUND THE WORLD COMPETE FOR 65 ANNUAL FULLY PAID FELLOWSHIPS TO HONE THEIR PERFORMANCE TECHNIQUES WITH CELEBRATED MUSIC MASTERS. RSMI HAS RIGOROUS AND ACCLAIMED STUDY PROGRAMS JAZZ, PIANO & STRINGS, AND SINGERS - IN WHICH THE FINEST UP-AND-COMING MUSICIANS CAN STUDY WITH MASTERS IN THEIR FIELD, OFTEN THE VERY ARTISTS PERFORMIN AT RAVINIA. PARTICIPANTS GIVE A COMBINATION OF FREE CONCERTS PRIOR TO PAID EVENTS AT RAVINIA FESTIVAL, AS WELL AS LOW-PRICED STAND-ALONE CONCERTS, AFFORDING THEM THE OPPORTUNITY TO EXPERIENCE AUDIENCE REACTIONS WHILE PROVIDING RAVINIA AUDIENCES A CHANCE TO WITNESS TOMORROW'S STARS TODAY. 2267368 22500 THROUGH RAVINIA'S REACH*TEACH*PLAY EDUCATION PROGRAMS, OVER 85,000 PEOPLE ARE SERVED EACH YEAR IN THE CHICAGO PUBLIC SCHOOLS AND BEYOND, ENSURING THAT GREAT MUSIC REMAINS ACCESSIBLE TO ALL. RAVINIA PROVIDES PROGRAMS THAT ACCESS AND SPARK A CURIOSITY TO LEARN MORE ABOUT MUSIC. PROGRAMS ARE OFFERED THAT EXPAND THE UNDERSTANDING AND ENJOYMENT OF MUSIC AND PROGRAMS THAT FOSTER THE DEVELOPMENT OF YOUNG MUSICIANS THROUGH TRAINING AND ENCOURAGEMENT. RAVINIA PROVIDES MUSIC EDUCATION PROGRAMS TO 18,000 PUBLIC SCHOOL STUDENTS, RETURNING MUSIC TO BUDGET-STRAPPED SCHOOLS IN CHICAGO'S AND LAKE COUNTY'S UNDERSERVED NEIGHBORHOODS, FREE FAMILY MUSIC PROGRAMS THROUGH A COMMUNITY FAMILY MUSIC SCHOOL IN LAWNDALE, AN INTENSE ORCHESTRA TRAINING, SISTEMA TRAINING PROGRAM AT CIRCLE ROCK CHARTER SCHOOL IN CHICAGO AND AT RAVINIA FOR WAUKEGAN SCHOOL CHILDREN, AND A JAZZ SCHOLARS PROGRAM FOR TALENTED HIGH SCHOOL STUDENTS. IN ADDITION, RAVINIA PROVIDES FREE PASSES TO PROVIDE ACCESS TO CONCERTS THROUGHOUT THE SUMMER THROUGH PARTNERSHIPS WITH 200 SOCIAL SERVICE AGENCIES. 43699105 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 601 0 1 850 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 82 81 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X RAVINIA FESTIVAL ASSOCIATION 8472665000 418 SHERIDAN ROAD HIGHLAND PARK IL 60035 WELZ D KAUFFMAN PRESIDENT & CEO 40.00 0.00 X X 710810 0 46404 JENNIFER W STEANS CHAIRPERSON 5.00 0.00 X X 0 0 0 DON CIVGIN VICE CHAIR 3.00 0.00 X X 0 0 0 E SCOTT SANTI VICE CHAIR 3.00 0.00 X X 0 0 0 CHRISTOPHER J KLEIN TREASURER 3.00 0.00 X X 0 0 0 JAMES ABRAMS TRUSTEE 0.50 0.00 X 0 0 0 KEENE H ADDINGTON TRUSTEE 0.50 0.00 X 0 0 0 JEFFREY ARONIN TRUSTEE 0.50 0.00 X 0 0 0 LARRY BARDEN TRUSTEE 0.50 0.00 X 0 0 0 AUDREY RUBINSTEIN BUNTMAN TRUSTEE 0.50 0.00 X 0 0 0 JANE D CASPER TRUSTEE 0.50 0.00 X 0 0 0 JUDY CASTELLINI TRUSTEE 0.50 0.00 X 0 0 0 RICHARD W COLBURN TRUSTEE 0.50 0.00 X 0 0 0 ROBERT W CRAWFORD JR TRUSTEE 0.50 0.00 X 0 0 0 BOBBIE B DENISON TRUSTEE 0.50 0.00 X 0 0 0 JEANNE M DENISON TRUSTEE 0.50 0.00 X 0 0 0 ANNETTE G DEZELAN TRUSTEE 0.50 0.00 X 0 0 0 CLIFTON FENTON TRUSTEE 0.50 0.00 X 0 0 0 JUSTIN FERDULA TRUSTEE 0.50 0.00 X 0 0 0 VENITA E FIELDS TRUSTEE 0.50 0.00 X 0 0 0 MICHAEL M FROY TRUSTEE 0.50 0.00 X 0 0 0 MIARK D GERSTEIN TRUSTEE 0.50 0.00 X 0 0 0 MICHAEL R GERVASIO TRUSTEE 0.50 0.00 X 0 0 0 JAMES T GLERUM JR TRUSTEE 0.50 0.00 X 0 0 0 BARRETT J GOBEYN TRUSTEE 0.50 0.00 X 0 0 0 KELLY J GRIER TRUSTEE 0.50 0.00 X 0 0 0 PEDRO A GUERRERO TRUSTEE 0.50 0.00 X 0 0 0 ARTHUR W HAHN TRUSTEE 0.50 0.00 X 0 0 0 JEFFREY C HAMMES TRUSTEE 0.50 0.00 X 0 0 0 JON HARRIS TRUSTEE 0.50 0.00 X 0 0 0 MARK A HARRIS TRUSTEE 0.50 0.00 X 0 0 0 LOUIS S HARRISON TRUSTEE 0.50 0.00 X 0 0 0 GREG HART TRUSTEE 0.50 0.00 X 0 0 0 BETSY HOLDEN TRUSTEE 0.50 0.00 X 0 0 0 COURTNEY MP HOLLOWELL MD TRUSTEE 0.50 0.00 X 0 0 0 KATHRYN D INGRAHAM TRUSTEE 0.50 0.00 X 0 0 0 JEFFREY H JABOCS TRUSTEE 0.50 0.00 X 0 0 0 RUDY JUAREZ TRUSTEE 0.50 0.00 X 0 0 0 DAVID R KAHNWEILER TRUSTEE 0.50 0.00 X 0 0 0 DAVID KALT TRUSTEE 0.50 0.00 X 0 0 0 ELIZABETH KARLSON TRUSTEE 0.50 0.00 X 0 0 0 EMILY T KNIGHT TRUSTEE 0.50 0.00 X 0 0 0 LIZ LEFKOFSKY TRUSTEE 0.50 0.00 X 0 0 0 RICHARD H LENNY TRUSTEE 0.50 0.00 X 0 0 0 GARY J LEVIN TRUSTEE 0.50 0.00 X 0 0 0 SUSAN C LEVY TRUSTEE 0.50 0.00 X 0 0 0 TOM LUBIN TRUSTEE 0.50 0.00 X 0 0 0 ANDREW S MAROVITZ TRUSTEE 0.50 0.00 X 0 0 0 PAUL E MARTIN TRUSTEE 0.50 0.00 X 0 0 0 PAMELA J MAYO TRUSTEE 0.50 0.00 X 0 0 0 PATTY MCGRATH TRUSTEE 0.50 0.00 X 0 0 0 KENNETH A MEISTER TRUSTEE 0.50 0.00 X 0 0 0 TONI-MARIE MONTGOMERY TRUSTEE 0.50 0.00 X 0 0 0 CHRISTOPHER NOON TRUSTEE 0.50 0.00 X 0 0 0 DANIELA O'LEARY-GILL TRUSTEE 0.50 0.00 X 0 0 0 ALICE PETERSON TRUSTEE 0.50 0.00 X 0 0 0 RICHARD S PRICE TRUSTEE 0.50 0.00 X 0 0 0 STEPHEN RAPPIN TRUSTEE 0.50 0.00 X 0 0 0 DANIEL H REISNER TRUSTEE 0.50 0.00 X 0 0 0 MICHAEL A SACHS TRUSTEE 0.50 0.00 X 0 0 0 RONALD M SASLOW TRUSTEE 0.50 0.00 X 0 0 0 BRADLEY S SCHMARAK TRUSTEE 0.50 0.00 X 0 0 0 JOSEPH SEMINETTA TRUSTEE 0.50 0.00 X 0 0 0 RICHARD L SEVCIK TRUSTEE 0.50 0.00 X 0 0 0 ALEJANDRO SILVA TRUSTEE 0.50 0.00 X 0 0 0 JOHN B SNYDER JR TRUSTEE 0.50 0.00 X 0 0 0 AVY H STEIN TRUSTEE 0.50 0.00 X 0 0 0 STEVE STEINMEYER TRUSTEE 0.50 0.00 X 0 0 0 JOHN A STEPAN TRUSTEE 0.50 0.00 X 0 0 0 THOMAS H STONE TRUSTEE 0.50 0.00 X 0 0 0 TRAVIS J SULLIVAN TRUSTEE 0.50 0.00 X 0 0 0 NANCY D TALLENT TRUSTEE 0.50 0.00 X 0 0 0 ANDRES TAPIA TRUSTEE 0.50 0.00 X 0 0 0 EDUARDO TOBON TRUSTEE 0.50 0.00 X 0 0 0 REV RICHARD L TOLLIVER TRUSTEE 0.50 0.00 X 0 0 0 MARILYN VENDER TRUSTEE 0.50 0.00 X 0 0 0 SUE WALLACE TRUSTEE 0.50 0.00 X 0 0 0 AUDREY L WEAVER TRUSTEE 0.50 0.00 X 0 0 0 STEVEN B WEINSTEIN TRUSTEE 0.50 0.00 X 0 0 0 J RANDALL WHITE TRUSTEE 0.50 0.00 X 0 0 0 BENJAMIN WINEMAN TRUSTEE 0.50 0.00 X 0 0 0 PAUL G YOVOVICH TRUSTEE 0.50 0.00 X 0 0 0 PEGGY PAPAIOANNOU DIRECTOR OF FINANCE (BEG 12/18) 40.00 0.00 X 14702 0 15 SHARI MASSEY DIRECTOR OF FINANCE (THRU 9/2018) 40.00 0.00 X 150453 0 27730 GREGORY WALTERS DIRECTOR OF DEVELOPMENT 40.00 0.00 X 206308 0 42455 NICHOLAS PULLIA DIRECTOR OF COMMUNICATIONS 40.00 0.00 X 200414 0 30867 JAMES LAING DIRECTOR OF IT 40.00 0.00 X 170658 0 32427 SAM AMODEO MASTER SOUND TECHNIAN 40.00 0.00 X 146053 0 52579 TIM CHRISTENSON TECHNICAL DIRECTOR 40.00 0.00 X 144268 0 52066 1743666 0 284543 25 0 1 0 WB OLSON 3235 ARNOLD LANE NORTHBROOK IL 60062 CONTRACTOR 11777286 CHICAGO SYMPHONY ORCHESTRA 220 S MICHIGAN AVE CHICAGO IL 60604 MUSICAL 3125699 BRC IMAGINATION ARTS INC 2711 WINONA AVE BURBANK CA 91504 DESIGNER 3100000 CITY OF HIGHLAND PARK 1707 ST JOHNS AVE HIGHLAND PARK IL 60035 HP FEE / POLICE SERVICE 1499319 AGENCY FOR THE PERFORMING ARTS 405 S BEVERLY HILLS DR BEVERLY HILLS CA 90212 MUSICAL 1345649 57 20325 1480372 13103989 1189869 14604686 ADMISSIONS 711130 21194094 21194094 GENERAL PROGRAM REVENUE 900099 2686475 2686475 HANDLING FEES 900099 1016420 1016420 PARKING FOR PERFORMANCES 812930 686571 686571 FOOD SERVICE COMMISSIONS 722320 471906 55973 415933 244492 244492 26299958 1196450 -106352 1302802 156057 156057 25625076 21030707 4594369 4594369 4594369 409483 1480372 783865 -374382 -374382 741363 325484 415879 371482 44397 46893017 26199534 -5982 6094779 X 1035706 1035706 8575641 7092979 438037 1044625 655220 560193 19484 75543 1008237 739130 139533 129574 702332 558631 72556 71145 174319 78752 95567 68750 68750 667312 667312 22881537 22522473 168341 190723 1736837 1736837 1014620 769192 94065 151363 603985 533813 33650 36522 937411 863457 21715 52239 371520 7161 364359 487978 222478 213091 52409 85611 79217 1452 4942 3946440 3678980 60729 206731 568561 302622 196749 69190 ARTIST OTHER EXPENSES 2317163 2310486 3595 3082 EQUIPMENT/RENTAL/LANDSC 711369 694573 16796 PROPERTY TAX 98233 98233 RECRUITMENT EXPENSE 31217 31217 887129 849898 37231 49567128 43699105 3347128 2520895 5788411 2750791 8393581 5230450 1303845 1356742 106886 59283 400278 414591 121359621 42412583 61428334 78947038 19949076 18515322 111143434 96979060 208513845 204253277 3479305 3874703 3390877 2760912 6000000 7000000 12870182 13635615 X 133483266 134464886 27447204 21107682 34713193 35045094 195643663 190617662 208513845 204253277 -2674111 -2351890 0 X X 0 1 X 1 0 X 23061914 15603436 14660637 20231406 14604686 88162079 23061914 15603436 14660637 20231406 14604686 88162079 10956014 77206065 1224155 1145588 1269031 1187902 1352507 6179183 27784 23719 24380 0 0 75883 94417145 122246110 0.81770 0.82050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 5081713 0 0 X X 0 112457167 331900 3678242 4729646 630362 111107301 105627687 129206 8448409 1000751 747384 112457167 99296688 197827 11401160 4938232 329756 105627687 94289408 1151671 7189959 3218243 116107 99296688 100241650 3992105 -5455454 4151723 337170 94289408 0.55470 0.31540 0.12990 0 0 84453842 24060615 60393227 25196699 9747770 15448929 2428202 1650041 778161 9280878 6954157 2326721 78947038 U.S. EQUITY HEDGE FUNDS 7198746 F GLOBAL EX-U.S. EQUITY HEDGE FUNDS 43222897 F HEDGE FUNDS (MARKETABLE ALTERNATIVE) 20838641 F INTERNATIONAL FIXED INCOME 2903954 F BANK COMMON TRUST FUNDS 22814822 F 96979060 49695770 -2351890 4712603 1109349 3470062 46225708 667309 667309 46893017 54721771 4712603 1109349 5821952 48899819 667309 667309 49567128 PART III, LINE 4: A DISPLAY OF OUTDOOR SCULPTURES ARE AVAILABLE FOR CONCERT GOERS TO ENJOY WHILE STROLLING THROUGH THE PARK OR PICNICKING ON THE LAWN BEFORE PERFORMANCES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 325,484. FUNDRAISING EVENT DIRECT EXPENSES 783,865. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 325,484. FUNDRAISING EVENT DIRECT EXPENSES 783,865. EUROPE 1 1 PROGRAM SERVICES MEETING WITH AGENTS TO HIRE TALENT FOR UPCOMING SEASON 64811 EAST ASIA AND THE PACIFIC 1 1 FUNDRAISING ACTIVITIES WOMEN'S BOARD FUNDRAISING CRUISE 35710 CENTRAL AMERICA AND THE CARRIBEAN INVESTMENTS 20648467 UNITED KINGDOM INVESTMENTS 4556538 2 2 0 0 2 2 25305526 0 25305526 1 0 1 0 0 0 GALA 1027652 894882 132770 0 0 191686 141515 101065 45155 ASSOCIATES EVENT 567213 300000 267213 0 0 26250 118629 86184 17038 1 294990 285490 9500 0 0 5968 50286 0 89 1889855 1480372 409483 223904 310430 187249 62282 783865 -374382 X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 WELZ D KAUFFMAN PRESIDENT & CEO 634310 0 76500 0 0 0 31116 0 15288 0 757214 0 0 0 SHARI MASSEY DIRECTOR OF FINANCE (THRU 9/2018) 139100 0 11353 0 0 0 15327 0 12403 0 178183 0 0 0 GREGORY WALTERS DIRECTOR OF DEVELOPMENT 194267 0 12041 0 0 0 22276 0 20179 0 248763 0 0 0 NICHOLAS PULLIA DIRECTOR OF COMMUNICATIONS 189061 0 11353 0 0 0 20724 0 10143 0 231281 0 0 0 JAMES LAING DIRECTOR OF IT 160629 0 10029 0 0 0 17143 0 15284 0 203085 0 0 0 SAM AMODEO MASTER SOUND TECHNIAN 146053 0 0 0 0 0 18987 0 33592 0 198632 0 0 0 TIM CHRISTENSON TECHNICAL DIRECTOR 144268 0 0 0 0 0 18802 0 33264 0 196334 0 0 0 PART I, LINE 1A FIRST CLASS AIR TRAVEL FOR PRESIDENT AND CEO IS ALLOWED ON OCCASION AS APPROVED BY THE EXECUTIVE COMMITTEE. THE FIRST CLASS UPGRADE IS NORMALLY PROVIDED THROUGH USE OF COMPLIMENTARY UPGRADE CERTIFICATES. THE PRESIDENT AND CEO'S SPOUSE TRAVELED ON ONE TRIP DURING 2019. THE SPOUSAL TRAVEL WAS NOT REPORTED AS TAXABLE INCOME SINCE THE TRAVEL WAS FOR BUSINESS PURPOSES. PART I, LINE 7 AS INDICATED IN SCHEDULE J, PART II CERTAIN INDIVIDUALS RECEIVE VARIABLE PAY BASED ON PERFORMANCE AND FINANCIAL RESULTS OF THE ORGANIZATION. THE VARIABLE PAY AMOUNTS ARE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. X 87 952576 NYSE X AUCTION ITEMS 346 183941 FAIR MARKET VALUE X EVENT BEVERAGES 2 45000 FAIR MARKET VALUE X UNITED AIRLINES - FUNDRAISING 2 8352 FAIR MARKET VALUE 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 JEANNE M. DENISON, TRUSTEE AND BOBBIE DENISON, TRUSTEE - FAMILY RELATIONSHIP AUDREY R. BUNTMAN, TRUSTEE AND SUSAY LEVY, TRUSTEE - FAMILY RELATIONSHIP. RICHARD LENNY, TRUSTEE, HAS A BUSINESS RELATIONSHIP WITH TRUSTEE JON HARRIS. RICHARD LENNY, TRUSTEE, HAS A BUSINESS RELATIONSHIP WITH TRUSTEE E. SCOTT SANTI. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE DIRECTOR OF FINANCE AND OUTSIDE COUNSEL REVIEW THE 990 FOR ACCURACY, ALL TRUSTEES OF THE RAVINIA FESTIVAL ARE EMAILED OR MAILED A COPY OF THE 990 FOR REVIEW BEFORE IT IS FILED. A MEETING WAS ALSO SCHEDULED FOR THE INDEPENDENT ACCOUNTANT, MANAGEMENT AND THE AUDIT AND RISK COMMITTEE TO REVIEW AND DISCUSS THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MAILED OUT TO ALL TRUSTEES AT THE BEGINNING OF EACH CALENDAR YEAR. IT IS REQUESTED THAT A FORM BE RETURNED STATING EITHER "NO EXCEPTIONS OR DISCLOSURE OF ANY POTENTIAL CONFLICTS. ANY DISCLOSURE OF POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE FORWARDED TO THE DIRECTOR OF FINANCE AND SUBSEQUENTLY THE CHAIR OF THE AUDIT COMMITTEE FOR REVIEW. IN NO CASE HAS IMMEDIATE CORRECTIVE ACTION BEEN NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 RAVINIA HAS A BOARD COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS STAFF SALARY LEVELS AND APPROVES THE CHAIRMAN'S RECOMMENDATION FOR PRESIDENT AND CEO COMPENSATION. THE COMPENSATION COMMITTEE IS INDEPENDENT OF THE PARTIES WHOSE COMPENSATION IS BEING DETERMINED. THE COMPENSATION COMMITTEE HAS REVIEWED 990 COMPENSATION DATA FOR OTHER CULTURAL INSTITUTIONS AND COMPENSATION SURVEY DATA FROM A LEADING CONSULTING FIRM IN THE AREA. ALL DETERMINATIONS ARE DOCUMENTED WITHOUT ANY INTERESTED PARTIES PRESENT. PERIODICALLY THE COMPENSATION LEVELS FOR KEY EMPLOYEES AND ALL OTHER STAFF POSITIONS ARE ANALYZED AGAINST VARIOUS BENCHMARKS. THE COMPENSATION IS DETERMINED INDEPENDENT OF THE PARTIES WHOSE COMPENSATION IS BEING DETERMINED AND DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE HANDED OUT TO ALL TRUSTEES AT THE ANNUAL MEETING. ALL MEMBERS NOT IN ATTENDANCE GET THE REPORTS MAILED TO THEM. FORM 990, PART IX, LINE 11G ARTIST/FACULTY FEES: PROGRAM SERVICE EXPENSES 19,541,429. MANAGEMENT AND GENERAL EXPENSES 11,200. FUNDRAISING EXPENSES 2,050. TOTAL EXPENSES 19,554,679. POLICE/BAG SEARCH: PROGRAM SERVICE EXPENSES 1,120,686. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,120,686. OUTSIDE LABOR: PROGRAM SERVICE EXPENSES 968,585. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 985. TOTAL EXPENSES 969,570. GENERAL CONSULTANT/OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 891,773. MANAGEMENT AND GENERAL EXPENSES 157,141. FUNDRAISING EXPENSES 187,688. TOTAL EXPENSES 1,236,602. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.