LYRIC OPERA OF CHICAGO: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
LYRIC OPERA OF CHICAGO (EIN 36-6008929)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-05-12
IRS object ID
201501329349304065
Schema version
2013v4.0
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)
Return2015-05-12T13:46:50-07:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN366008929EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Lyric Opera of ChicagoBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlLYRIBusinessNameControlTxt
Phone3123322244PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 N Wacker DrAddressLine1
CityChicagoCity
StateILState
ZIP Code60606ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonR Brent FisherPersonNm
Person TitleAsst Treas/Dir FinanPersonTitleTxt
Signature2015-05-12SignatureDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerFreud AnthonyPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1c/o LOC 20 N Wacker DrAddressLine1
CityChicagoCity
StateILState
ZIP Code60606ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$125,210,702GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
All Affiliates IncludedfalseAllAffiliatesIncludedInd
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 Body107VotingMembersGoverningBodyCnt
Voting Members Independent96VotingMembersIndependentCnt
Total Employee963TotalEmployeeCnt
Total Volunteers350TotalVolunteersCnt
Total Gross UBI$246,953TotalGrossUBIAmt
PY Contributions Grants$17,901,844PYContributionsGrantsAmt
CY Contributions Grants$54,895,389CYContributionsGrantsAmt
PY Program Service Revenue$3,912,539PYProgramServiceRevenueAmt
CY Program Service Revenue$29,793,368CYProgramServiceRevenueAmt
PY Investment Income$790,235PYInvestmentIncomeAmt
CY Investment Income$3,940,068CYInvestmentIncomeAmt
PY Other Revenue$287,224PYOtherRevenueAmt
CY Other Revenue$1,903,941CYOtherRevenueAmt
PY Total Revenue$22,891,842PYTotalRevenueAmt
CY Total Revenue$90,532,766CYTotalRevenueAmt
PY Grants And Similar Paid$256,940PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,076,914CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,610,190PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$42,847,475CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$95PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$5,234CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,136,921CYTotalFundraisingExpenseAmt
PY Other Expenses$4,625,908PYOtherExpensesAmt
CY Other Expenses$31,856,525CYOtherExpensesAmt
PY Total Expenses$9,493,133PYTotalExpensesAmt
CY Total Expenses$75,786,148CYTotalExpensesAmt
PY Revenues Less Expenses$13,398,709PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$14,746,618CYRevenuesLessExpensesAmt
Total Assets BOY$282,918,826TotalAssetsBOYAmt
Total Assets EOY$321,775,795TotalAssetsEOYAmt
Total Liabilities BOY$97,250,137TotalLiabilitiesBOYAmt
Total Liabilities EOY$97,084,176TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$185,668,689NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$224,691,619NetAssetsOrFundBalancesEOYAmt
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$63,993,978ExpenseAmt
Grant$1,076,914GrantAmt
Revenue$29,775,886RevenueAmt
DescDuring the fiscal year, 67 opera performances, 29 performances of one musical, 2 concerts and 8 final dress rehearsals were produced by Lyric Opera of Chicago. These performances were attended by approximately 289,600 people.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$912,054ExpenseAmt
Revenue$277,799RevenueAmt
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 800 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 110,900. 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$179,952ExpenseAmt
Revenue$103,268RevenueAmt
DescEleven other public performances were held in the facility during the fiscal year, with total attendance of approximately 20,300.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$65,085,984TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
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 ActivitiesYes (true)GamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
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 MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document293IRPDocumentCnt
IRP Document W2 G1IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee963EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
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 Filed3Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Org Filed In Lieu Of Form1041falseOrgFiledInLieuOfForm1041Ind
Licensed More Than One StatefalseLicensedMoreThanOneStateInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members107GoverningBodyVotingMembersCnt
Independent Voting Member96IndependentVotingMemberCnt
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 CEOfalseCompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonRB Fisher Lyric Opera of ChgoPersonNm
Phone3123322244PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 N Wacker Dr 860AddressLine1
CityChicagoCity
StateILState
ZIP Code60606ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (113 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Kiphart Richard P
Chairman2.500.00Yes (X)Yes (X)$0$0$0
Pigott Kenneth G
President & CEO6.000.00Yes (X)Yes (X)$0$0$0
Crown Lester
Exec Cmte Chair1.000.00Yes (X)Yes (X)$0$0$0
Alexander James L
Vice President3.000.00Yes (X)Yes (X)$0$0$0
Davis Sir Andrew
Vice President1.000.00Yes (X)Yes (X)$0$0$0
Fleming Renee
Vice President1.000.00Yes (X)Yes (X)$0$0$0
Ryan Shirley Welsh
Vice President1.500.00Yes (X)Yes (X)$0$0$0
Vance William C
Vice President1.500.00Yes (X)Yes (X)$0$0$0
Van Eekeren Donna
Secretary1.500.00Yes (X)Yes (X)$0$0$0
Carbone Paul J
Treasurer2.500.00Yes (X)Yes (X)$0$0$0
Abelson Katherine A
Trustee0.500.00Yes (X)$0$0$0
Addington MD Whitney
Trustee1.000.00Yes (X)$0$0$0
Amboian John P
Trustee1.000.00Yes (X)$0$0$0
Anderson Paul F
Trustee0.500.00Yes (X)$0$0$0
Barden Larry A
Trustee0.500.00Yes (X)$0$0$0
Baskes Julie
Trustee1.500.00Yes (X)$0$0$0
Bay Jr James N
Trustee0.500.00Yes (X)$0$0$0
Berlin Melvin
Trustee0.500.00Yes (X)$0$0$0
Buchbinder Gilda
Trustee1.000.00Yes (X)$0$0$0
Bulley III Allan E
Trustee1.000.00Yes (X)$0$0$0
Cameron Marion A
Trustee1.500.00Yes (X)$0$0$0
Carpenter David W
Trustee1.000.00Yes (X)$0$0$0
Christen Timothy L
Trustee1.000.00Yes (X)$0$0$0
Colburn Richard W
Trustee1.000.00Yes (X)$0$0$0
Cole Michael P
Trustee1.500.00Yes (X)$0$0$0
Couto Vinay
Trustee1.000.00Yes (X)$0$0$0
Crowe John V
Trustee1.000.00Yes (X)$0$0$0
Cruzan Marsha
Trustee1.000.00Yes (X)$0$0$0
DeCross Derek
Trustee0.500.00Yes (X)$0$0$0
Drake Ann
Trustee1.000.00Yes (X)$0$0$0
Edelman John D
Trustee1.000.00Yes (X)$0$0$0
Edlis Stefan T
Trustee1.000.00Yes (X)$0$0$0
Eichelberger Sheri A
Trustee1.000.00Yes (X)$0$0$0
Eisen Lois
Trustee0.500.00Yes (X)$0$0$0
Farrell W James
Trustee0.500.00Yes (X)$0$0$0
Ferguson Mark E
Trustee1.000.00Yes (X)$0$0$0
Ferro Jr Michael W
Trustee0.500.00Yes (X)$0$0$0
Field Lawrence I
Trustee0.500.00Yes (X)$0$0$0
Fisher Russell W
Trustee0.500.00Yes (X)$0$0$0
Florian Sonia
Trustee1.000.00Yes (X)$0$0$0
Gidwitz Ronald J
Trustee1.500.00Yes (X)$0$0$0
Gillis Ruth Ann M
Trustee1.500.00Yes (X)$0$0$0
Gledhill Brent W
Trustee1.500.00Yes (X)$0$0$0
Gofen Ethel C
Trustee0.500.00Yes (X)$0$0$0
Gottlieb Howard L
Trustee1.500.00Yes (X)$0$0$0
Gray Avrum
Trustee1.000.00Yes (X)$0$0$0
Gray Melvin
Trustee1.000.00Yes (X)$0$0$0
Green Maria C
Trustee0.500.00Yes (X)$0$0$0
Gross Dietrich M
Trustee1.000.00Yes (X)$0$0$0
Hay Mary Pat
Trustee1.000.00Yes (X)$0$0$0
Heagy Thomas C
Trustee0.500.00Yes (X)$0$0$0
Hightman Carrie J
Trustee1.000.00Yes (X)$0$0$0
Hirschfield Eric L
Trustee1.000.00Yes (X)$0$0$0
Hurvis J Thomas
Trustee2.000.00Yes (X)$0$0$0
Jones Gregory K
Trustee1.000.00Yes (X)$0$0$0
Jordan II John W
Trustee0.500.00Yes (X)$0$0$0
Knowles Nancy W
Trustee1.000.00Yes (X)$0$0$0
Lakonishok Josef
Trustee1.500.00Yes (X)$0$0$0
Levy Richard A
Trustee1.000.00Yes (X)$0$0$0
Livingston Robert A
Trustee0.500.00Yes (X)$0$0$0
Mabie James W
Trustee2.000.00Yes (X)$0$0$0
Martin Craig C
Trustee1.500.00Yes (X)$0$0$0
McBreen Maura Ann
Trustee1.500.00Yes (X)$0$0$0
McCullen Robert J
Trustee1.000.00Yes (X)$0$0$0
McGarvie Blythe J
Trustee1.000.00Yes (X)$0$0$0
McKenna Andrew J
Trustee1.000.00Yes (X)$0$0$0
Modruson Frank B
Trustee1.500.00Yes (X)$0$0$0
Morrison Robert S
Trustee0.500.00Yes (X)$0$0$0
Muchin Allan B
Trustee1.500.00Yes (X)$0$0$0
Myers Linda K
Trustee1.000.00Yes (X)$0$0$0
Neal Jeffrey C
Trustee1.000.00Yes (X)$0$0$0
Neil Sylvia
Trustee1.500.00Yes (X)$0$0$0
Norgan Ken R
Trustee1.000.00Yes (X)$0$0$0
Oberlander Sharon F
Trustee1.500.00Yes (X)$0$0$0
Oleniczak John W
Trustee2.000.00Yes (X)$0$0$0
Olopade Olufummilayo
Trustee1.000.00Yes (X)$0$0$0
Ormesher David T
Trustee2.000.00Yes (X)$0$0$0
Osborn William A
Trustee1.000.00Yes (X)$0$0$0
Parr Matthew J
Trustee0.500.00Yes (X)$0$0$0
Piller Bruce J
Trustee0.500.00Yes (X)$0$0$0
Randel Don M
Trustee0.500.00Yes (X)$0$0$0
Reyes J Christopher
Trustee1.000.00Yes (X)$0$0$0
Reynolds III Thomas A
Trustee0.500.00Yes (X)$0$0$0
Roche Collin E
Trustee1.000.00Yes (X)$0$0$0
Rosenkranz Ricardo
Trustee0.500.00Yes (X)$0$0$0
Rouse Edward B
Trustee1.500.00Yes (X)$0$0$0
Rubinelli Jr Joseph O
Trustee1.000.00Yes (X)$0$0$0
Sandner John F
Trustee0.500.00Yes (X)$0$0$0
Saran Claudia M
Trustee1.000.00Yes (X)$0$0$0
Schreiber Rodd M
Trustee1.000.00Yes (X)$0$0$0
Schreuder Jana R
Trustee1.000.00Yes (X)$0$0$0
Serlin Marsha
Trustee1.500.00Yes (X)$0$0$0
Shapiro Brenda M
Trustee2.000.00Yes (X)$0$0$0
Smith Eric S
Trustee1.500.00Yes (X)$0$0$0
Szokol Pam
Trustee1.000.00Yes (X)$0$0$0
Thierer Mark A
Trustee1.000.00Yes (X)$0$0$0
Thomas Cheryl T
Trustee1.000.00Yes (X)$0$0$0
Tilton Glenn
Trustee0.500.00Yes (X)$0$0$0
Tolan Mary A
Trustee0.500.00Yes (X)$0$0$0
Wagner Mark A
Trustee0.500.00Yes (X)$0$0$0
Washlow Roberta L
Trustee0.500.00Yes (X)$0$0$0
White Miles D
Trustee0.500.00Yes (X)$0$0$0
Freud Anthony
Gen Dir & COO40.000.00Yes (X)Yes (X)$616,057$0$49,236
Landmesser Drew
Deputy Gen Dir40.000.00Yes (X)Yes (X)$372,092$0$50,910
Selander Mary L
Asst Secretary40.000.00Yes (X)Yes (X)$298,763$0$36,600
Mathieson Mayer Susan
Asst Secretary40.000.00Yes (X)Yes (X)$304,080$0$52,328
Fisher R Brent
Asst Treasurer40.000.00Yes (X)Yes (X)$183,248$0$52,701
Jabin Christopher
Dir Institutl Giv40.000.00$254,671$0$19,193Yes (X)
Reilly Jr William
Master Carpenter40.000.00$220,470$0$61,731Yes (X)
Reynolds Michael C
Master Electrician40.000.00$197,890$0$55,714Yes (X)
Christopher Paul
Head A/V Technicia40.000.00$183,350$0$51,628Yes (X)
Barker Michael
Head Flyman40.000.00$176,141$0$49,320Yes (X)
Richard Dowsek
Retired Dir of Finance/Admin20.000.00$126,621$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,933,383TotalReportableCompFromOrgAmt
Total Other Compensation$479,361TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K86IndivRcvdGreaterThan100KCnt
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/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
Calihan Catering
833 W HainesChicagoIL60622Catering$837,711
Fleming Ross Inc
200 West 86th StNew YorkNY10024Singer/Creative Cnsl$769,789
Sirad Inc
215 W Washington StChicagoIL60606Conductor/Music Dir$578,823
Jewell Events Catering
424 N Wood StChicagoIL60022Catering$575,076
Allied Live LLC
5 Penn PlazaNew YorkNY10001Advertising Agency$557,720
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K29CntrctRcvdGreaterThan100KCnt
Fundraising$2,429,898FundraisingAmt
Government Grants$60,208GovernmentGrantsAmt
All Other Contributions$52,405,283AllOtherContributionsAmt
Noncash Contributions$1,916,199NoncashContributionsAmt
Total Contributions$54,895,389TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Educational Activities711190$255,283$255,283
Production Rentals711190$229,692$229,692
Rntl-Othr Musical Perfs711190$103,268$103,268
Ticket Hndlg/Exchg Fees711190$467,820$467,820
Ticket Sales711190$28,693,983$28,693,983

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$43,322TotalRevenueColumnAmt
Related Or Exempt Func Income$43,322RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$29,793,368TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,256,551TotalRevenueColumnAmt
Unrelated Business Revenue$47,823UnrelatedBusinessRevenueAmt
Exclusion$2,208,728ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$34,377,164SecuritiesAmt
Other$7,100OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$32,696,707SecuritiesAmt
Other$4,040OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,680,457SecuritiesAmt
Other$3,060OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,683,517TotalRevenueColumnAmt
Related Or Exempt Func Income$3,060RelatedOrExemptFuncIncomeAmt
Exclusion$1,680,457ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$1,075,797FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$2,429,898ContriRptFundraisingEventAmt
Fundraising Direct Expenses$1,730,011FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$654,214TotalRevenueColumnAmt
Exclusion-$654,214ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$17,400GamingGrossIncomeAmt
Gaming Direct Expenses$4,625GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,775TotalRevenueColumnAmt
Exclusion$12,775ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,062,188GrossSalesOfInventoryAmt
Cost Of Goods Sold$242,553CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$819,635TotalRevenueColumnAmt
Related Or Exempt Func Income$20,632RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$37,347UnrelatedBusinessRevenueAmt
Exclusion$761,656ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
Dining Spaces900099$1,001,275$1,001,275
Facilities Events Fees900099$339,893$339,893
Party Reception Income532000$205,598$93,675$111,923

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$178,979TotalRevenueColumnAmt
Unrelated Business Revenue$49,860UnrelatedBusinessRevenueAmt
Exclusion$129,119ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,725,745OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$90,532,766TotalRevenueColumnAmt
Related Or Exempt Func Income$30,156,953RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$246,953UnrelatedBusinessRevenueAmt
Exclusion$5,233,471ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,076,914TotalAmt
Program Services$1,076,914ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,805,193TotalAmt
Program Services$590,041ProgramServicesAmt
Management And General$564,261ManagementAndGeneralAmt
Fundraising$650,891FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$31,843,691TotalAmt
Program Services$27,536,142ProgramServicesAmt
Management And General$2,525,138ManagementAndGeneralAmt
Fundraising$1,782,411FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,728,121TotalAmt
Program Services$2,472,395ProgramServicesAmt
Management And General$155,302ManagementAndGeneralAmt
Fundraising$100,424FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,997,072TotalAmt
Program Services$3,531,709ProgramServicesAmt
Management And General$316,700ManagementAndGeneralAmt
Fundraising$148,663FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,473,398TotalAmt
Program Services$2,089,162ProgramServicesAmt
Management And General$234,509ManagementAndGeneralAmt
Fundraising$149,727FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$34,094TotalAmt
Program Services$34,094ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$50,500TotalAmt
Management And General$50,500ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$5,234TotalAmt
Fundraising$5,234FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$908,581TotalAmt
Management And General$895,890ManagementAndGeneralAmt
Fundraising$12,691FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$9,395,622TotalAmt
Program Services$8,684,303ProgramServicesAmt
Management And General$254,943ManagementAndGeneralAmt
Fundraising$456,376FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,306,809TotalAmt
Program Services$3,306,809ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,539,506TotalAmt
Program Services$1,042,711ProgramServicesAmt
Management And General$201,637ManagementAndGeneralAmt
Fundraising$295,158FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$587,192TotalAmt
Program Services$28,684ProgramServicesAmt
Management And General$558,508ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$596,959TotalAmt
Program Services$596,959ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,775,149TotalAmt
Program Services$1,546,896ProgramServicesAmt
Management And General$165,012ManagementAndGeneralAmt
Fundraising$63,241FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$921,125TotalAmt
Program Services$632,819ProgramServicesAmt
Management And General$197,951ManagementAndGeneralAmt
Fundraising$90,355FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$20,599TotalAmt
Program Services$6,359ProgramServicesAmt
Management And General$5,165ManagementAndGeneralAmt
Fundraising$9,075FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,123,374TotalAmt
Program Services$2,080,899ProgramServicesAmt
Management And General$30,563ManagementAndGeneralAmt
Fundraising$11,912FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,254,220TotalAmt
Program Services$3,162,934ProgramServicesAmt
Management And General$91,286ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$701,012TotalAmt
Program Services$448,887ProgramServicesAmt
Management And General$252,125ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
Production Exp- Purch/Rntl etc$5,695,742$5,695,742
Donated Opera Books/Photos/CDs$227,915$227,915
Radio Syndication Fees$163,500$163,500
Amortization of Gift Annuities$107,210$107,210

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$447,416TotalAmt
Program Services$130,110ProgramServicesAmt
Management And General$63,753ManagementAndGeneralAmt
Fundraising$253,553FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$75,786,148TotalAmt
Program Services$65,085,984ProgramServicesAmt
Management And General$6,563,243ManagementAndGeneralAmt
Fundraising$4,136,921FundraisingAmt
FieldValueIRS element (for citing)
Joint CostsYes (X)JointCostsInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,755,547BOYAmt
EOY$702,796EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,118,113BOYAmt
EOY$576,320EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$40,715,285BOYAmt
EOY$59,360,273EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,624,896BOYAmt
EOY$1,133,021EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$13,020BOYAmt
EOY$12,172EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,132,625BOYAmt
EOY$3,926,127EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$102,416,244LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$54,534,014LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$49,000,620BOYAmt
EOY$47,882,230EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$69,584,187BOYAmt
EOY$84,931,931EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$108,933,733BOYAmt
EOY$123,208,925EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$40,800BOYAmt
EOY$42,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$282,918,826BOYAmt
EOY$321,775,795EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,133,192BOYAmt
EOY$7,455,325EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$14,514,188BOYAmt
EOY$13,737,636EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$65,700,000BOYAmt
EOY$65,700,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$9,902,757BOYAmt
EOY$10,191,215EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$97,250,137BOYAmt
EOY$97,084,176EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$95,040,996BOYAmt
EOY$107,952,506EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$66,007,882BOYAmt
EOY$91,402,195EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$24,619,811BOYAmt
EOY$25,336,918EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$185,668,689BOYAmt
EOY$224,691,619EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$282,918,826BOYAmt
EOY$321,775,795EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$14,746,618ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$24,964,406NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$688,094OtherChangesInNetAssetsAmt
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$23,882,388CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,818,861CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$31,898,109CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,901,844CurrentTaxYearMinus1YearAmt
Current Tax Year$54,895,389CurrentTaxYearAmt
Total$153,396,591TotalAmt

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$23,882,388CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,818,861CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$31,898,109CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,901,844CurrentTaxYearMinus1YearAmt
Current Tax Year$54,895,389CurrentTaxYearAmt
Total$153,396,591TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$10,529,823SubstantialContributorsTotAmt
Public Support Total170$142,866,768PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,193,399CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,330,166CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,393,307CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$523,961CurrentTaxYearMinus1YearAmt
Current Tax Year$2,304,895CurrentTaxYearAmt
Total$9,745,728TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,060,966CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,152,800CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,622,341CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$560,121CurrentTaxYearMinus1YearAmt
Current Tax Year$3,170,265CurrentTaxYearAmt
Total$13,566,493TotalAmt
FieldValueIRS element (for citing)
Total Support$176,708,812TotalSupportAmt
Gross Receipts Rltd Activities$109,044,177GrossReceiptsRltdActivitiesAmt
Public Support CY1700.80850PublicSupportCY170Pct
Public Support PY1700.79290PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part IV Form990ScheduleAPartIVGrp

FieldValueIRS element (for citing)
Form And Line ReferenceAdditional Supplemental Information - Support ScheduleFormAndLineReferenceDesc
ExplanationIn 2013 Lyric Opera changed its fiscal year end from April 30 to June 30. The Support Schedule periods for Part II are: 2009 (5/1/10-4/30/11), 2010 (5/1/11-4/30/12), 2011 (5/1/12-4/30/13), 2012 (5/1/13-6/30/13, short year) and 2013 (7/1/13-6/30/14).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
Additions During Year$52,094AdditionsDuringYearAmt
Distributions During Year$52,094DistributionsDuringYearAmt
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$43,529,952BeginningYearBalanceAmt
Contributions$717,107ContributionsAmt
Investment Earnings Or Losses$7,494,297InvestmentEarningsOrLossesAmt
Other Expenditures$1,896,590OtherExpendituresAmt
Administrative Expenses$254,898AdministrativeExpensesAmt
End Year Balance$49,589,868EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$42,338,710BeginningYearBalanceAmt
Contributions$1,896,279ContributionsAmt
Investment Earnings Or Losses-$316,688InvestmentEarningsOrLossesAmt
Other Expenditures$352,893OtherExpendituresAmt
Administrative Expenses$35,456AdministrativeExpensesAmt
End Year Balance$43,529,952EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$39,896,727BeginningYearBalanceAmt
Contributions$10,000ContributionsAmt
Investment Earnings Or Losses$4,707,217InvestmentEarningsOrLossesAmt
Other Expenditures$2,076,056OtherExpendituresAmt
Administrative Expenses$199,178AdministrativeExpensesAmt
End Year Balance$42,338,710EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$42,428,058BeginningYearBalanceAmt
Contributions$22,511ContributionsAmt
Investment Earnings Or Losses-$655,904InvestmentEarningsOrLossesAmt
Other Expenditures$1,775,870OtherExpendituresAmt
Administrative Expenses$122,068AdministrativeExpensesAmt
End Year Balance$39,896,727EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$36,889,986BeginningYearBalanceAmt
Contributions$43,168ContributionsAmt
Investment Earnings Or Losses$7,487,441InvestmentEarningsOrLossesAmt
Other Expenditures$1,779,435OtherExpendituresAmt
Administrative Expenses$213,102AdministrativeExpensesAmt
End Year Balance$42,428,058EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.51090PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.48910TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
Related Org List Sch RfalseRelatedOrgListSchRInd

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$89,334,601OtherCostOrOtherBasisAmt
Depreciation$47,711,342DepreciationAmt
Book Value$41,623,259BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,037,446OtherCostOrOtherBasisAmt
Depreciation$5,410,660DepreciationAmt
Book Value$4,626,786BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,347,620OtherCostOrOtherBasisAmt
Depreciation$1,412,012DepreciationAmt
Book Value$935,608BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$47,882,230TotalBookValueLandBuildingsAmt
Total Book Value Securities$123,208,925TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Annuities Payable$908,251
Interest Rate Swap Contract$9,282,964
FieldValueIRS element (for citing)
Total Liability$10,191,215TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part IV, Line 1b: Why is organization an agent, trustee, custodian or other intermediary for contribLyric Opera acts as custodian of all assets and paymaster for payments for the Ryan Opera Center, to facilitate better controls and cost effectiveness.
Part V, Line 4: Intended uses of the endowment fund.The 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 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.
Part X : FIN48 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, 2014 and 2013. There are no on-going federal, state or local tax audits, however, the Opera's tax returns for 2011 and subsequent years remain open to examination.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe00Program ServicesArtistic/Production costs$2,012,000
North America00Program ServicesArtistic/Production costs$162,000
East Asia & The Pacific00Program ServicesArtistic/Production costs$4,000
South Asia00Program ServicesArtistic/Production costs$2,000
Central Amer & Caribbean00Investments$56,587,000
Europe00Management/General$3,000
North America00Management/General$1,000
Europe00Fundraising-see page 5$208,000
FieldValueIRS element (for citing)
Subtotal Spent$58,979,000SubtotalSpentAmt
Total Spent$58,979,000TotalSpentAmt
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 ReferencePart I - Additional Supplemental InformationFormAndLineReferenceDesc
Explanation3(8). To 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

FieldValueIRS element (for citing)
Agrmt Prof Fundraising ActyfalseAgrmtProfFundraisingActyInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Name Of Event1Opera BallNameOfEvent1Amt
Gross Receipts Event1$669,680GrossReceiptsEvent1Amt
Charitable Contri Event1$587,330CharitableContriEvent1Amt
Gross Revenue Event1$82,350GrossRevenueEvent1Amt
Rent Facility Costs Event1$11,427RentFacilityCostsEvent1Amt
Food And Beverage Event1$115,174FoodAndBeverageEvent1Amt
Entertainment Event1$12,602EntertainmentEvent1Amt
Other Direct Expenses Event1$120,396OtherDirectExpensesEvent1Amt
Name Of Event2Fantasy of the OperaNameOfEvent2Amt
Gross Receipts Event2$625,403GrossReceiptsEvent2Amt
Charitable Contri Event2$521,650CharitableContriEvent2Amt
Gross Revenue Event2$103,753GrossRevenueEvent2Amt
Rent Facility Costs Event2$31,365RentFacilityCostsEvent2Amt
Food And Beverage Event2$61,283FoodAndBeverageEvent2Amt
Entertainment Event2$12,400EntertainmentEvent2Amt
Other Direct Expenses Event2$121,183OtherDirectExpensesEvent2Amt
Other Events Total10OtherEventsTotalCnt
Gross Receipts Other Events$2,210,612GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$1,320,918CharitableContriOtherEventsAmt
Gross Revenue Other Events$889,694GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$42,126RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$267,611FoodAndBeverageOtherEventsAmt
Entertainment Other Events$795EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$933,649OthDirectExpnssOtherEventsAmt
Gross Receipts Total$3,505,695GrossReceiptsTotalAmt
Charitable Contributions Tot$2,429,898CharitableContributionsTotAmt
Gross Revenue Total Events$1,075,797GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$84,918RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$444,068FoodAndBeverageTotalEventsAmt
Entertainment Total Events$25,797EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$1,175,228OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$1,730,011DirectExpenseSummaryEventsAmt
Net Income Summary-$654,214NetIncomeSummaryAmt

Gaming Information GamingInformationGrp

FieldValueIRS element (for citing)
Volunteer Labor BingofalseVolunteerLaborBingoInd
Volunteer Labor Pull TabsfalseVolunteerLaborPullTabsInd
Gross Revenue Other Gaming$17,400GrossRevenueOtherGamingAmt
Oth Direct Expnss Other Gaming$4,625OthDirectExpnssOtherGamingAmt
Volunteer Labor Other GamingYes (true)VolunteerLaborOtherGamingInd
Volunteer Labor Other Gaming0.91000VolunteerLaborOtherGamingPct
Gross Revenue Total Gaming$17,400GrossRevenueTotalGamingAmt
Oth Direct Expnss Total Gaming$4,625OthDirectExpnssTotalGamingAmt
Direct Expense Summary Gaming$4,625DirectExpenseSummaryGamingAmt
Net Gaming Income Summary$12,775NetGamingIncomeSummaryAmt
FieldValueIRS element (for citing)
States Where Gaming ConductedILStatesWhereGamingConductedCd
LicensedYes (true)LicensedInd
License Suspended EtcfalseLicenseSuspendedEtcInd
Gaming With NonmembersYes (true)GamingWithNonmembersInd
Member Of Other EntityfalseMemberOfOtherEntityInd
Gaming Own Facility1.00000GamingOwnFacilityPct

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Janice ShucartBusinessNameLine1

Persons With Books US Address PersonsWithBooksUSAddress

FieldValueIRS element (for citing)
Address Line1c/o Lyric Opera 20 N Wacker DrAddressLine1
CityChicagoCity
StateILState
ZIP Code60606ZIPCode
FieldValueIRS element (for citing)
Cntrct With3rd Prty For Game RevfalseCntrctWith3rdPrtyForGameRevInd
Gaming Manager PersonJanice ShucartGamingManagerPersonNm
Gaming Manager Services ProvLicense renewalGamingManagerServicesProvTxt
Gaming Manager Is EmployeeYes (X)GamingManagerIsEmployeeInd
Charitable Distribution RqrYes (true)CharitableDistributionRqrInd
Distributed$12,775DistributedAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
STM01Part II: The mechanics of Schedule G require that we remove charitable contributions collected at the special event, in order to determine income or loss on events. $2.4 million of charitable contibutions were collected (Schedule G, Part II, line 2) for a true net income of $1.8 million collected at these events.Part III, line 16: Janice Shucart renews the Lyric Opera of Chicago's gaming license every year. No compensation is reported as this is an incidental part of her job.
Part III, Line 17b - Distributions Required Under State LawIL $12775

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Patrick G & Shirley W Ryan Opera CenterBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 North Wacker DriveAddressLine1
CityChicagoCity
StateILState
ZIP Code60606ZIPCode
FieldValueIRS element (for citing)
Recipient EIN362796630RecipientEIN
IRC Section501(c)(3)IRCSectionDesc
Cash Grant$1,076,914CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of Grantopera schoolPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceGrantmaker's Description of How Grants are UsedFormAndLineReferenceDesc
ExplanationAll Ryan Opera Center expenses are paid through Lyric Opera of Chicago. Procedures are in place to monitor expenses to ensure they are used for purposes consistent with Lyric's mission.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
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
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
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
Rebuttable Presumption ProcfalseRebuttablePresumptionProcInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmt
Barker Michael
Head Flyman$176,141$33,467$15,853$225,461
Christopher Paul
Head A/V Technicia$183,350$35,033$16,595$234,978
Fisher R Brent
Asst Treasurer$183,248$42,972$9,729$235,949
Freud Anthony
Gen Dir & COO$580,411$33,949$15,287$665,293$35,646
Jabin Christopher
Dir Institutl Giv$254,671$19,193$273,864
Landmesser Drew
Deputy Gen Dir$323,876$42,648$8,262$423,002$48,216
Mathieson Mayer Susan
Asst Secretary$281,010$44,246$8,082$356,408$23,070
Reilly Jr William
Master Carpenter$220,470$41,889$19,842$282,201
Reynolds Michael C
Master Electrician$197,890$37,806$17,908$253,604
Richard Dowsek
Retired Dir of Finance/Admin$99,996$126,621$26,625
Selander Mary L
Asst Secretary$292,813$35,946$654$335,363$5,950

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 1a: Relevant information in regards to selections on 1a.FormAndLineReferenceDesc
ExplanationTo 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. None of the costs are taxed to the employees, as the trip is for bona fide business purposes for Lyric Opera.In accordance with the terms of his contract when hired, Lyric Opera reimburses Mr. Freud for his health club dues, which are a taxable benefit.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1Illinois Finance AuthorityBusinessNameLine1
FieldValueIRS element (for citing)
Bond Issuer EIN861091967BondIssuerEIN
CUSIPnoneavailCUSIPNum
Bond Issued2008-08-18BondIssuedDt
Issue Price$3,500,000IssuePriceAmt
PurposePurchase, construct & equip add'l Civic Opera Bldg spacePurposeDesc
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$3,500,000TotalProceedsAmt
Capitalized Interest$6,382CapitalizedInterestAmt
Issuance Costs From Proceeds$70,000IssuanceCostsFromProceedsAmt
Capital Expenditures$3,436,382CapitalExpendituresAmt
Substantial Completion2009SubstantialCompletionYr
Current RefundingfalseCurrentRefundingInd
Advance RefundingfalseAdvanceRefundingInd
Final Allocation MadeYes (true)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (true)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyfalseOwningBondFinancedPropertyInd
Any Lease ArrangementsfalseAnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropfalseMgmtContractBondFincdPropInd
Any Research AgreementsfalseAnyResearchAgreementsInd
Private Bus Concerning UBI0.00500PrivateBusConcerningUBIPct
Total Private Business Use0.00500TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt TestfalseBondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed PropfalseChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (true)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledfalseForm8038TFiledInd
Rebate Not Due YetfalseRebateNotDueYetInd
Exception To RebateYes (true)ExceptionToRebateInd
No Rebate DuefalseNoRebateDueInd
Hedge Identified In Bks And RecfalseHedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGICInd
Gross Proceeds InvestedfalseGrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (true)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (true)ProceduresCorrectiveActionInd

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (6 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
A Davis-Music DirConduct
Trustee$710,148Contracted Consultantfalse
R Fleming-ConsultSinger
Trustee$713,675Contracted Consultantfalse
R Colburn- Trustee WTTW
Trustee$228,190WTTW-normal course of bizfalse
J Schreuder-PresPFNorthrn
Trustee$132,513NorthernTr-norm course bizfalse
E Smith-Mg Dir Chase Invst
Trustee$366,167Chase-normal course of bizfalse
G Tilton-Chr Midwst Chase
Trustee$366,167Chase-normal coursefalse

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution77ContributionCnt
Noncash Contributions Rpt F990$1,642,699NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMV date rec'dMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Auction items97$27,545Donor est
Yes (X)Office furnitur10$8,040Donor est
Yes (X)Costume items1$1,500Donor est
Yes (X)CDs, music scor1510$8,500Donor est
Yes (X)Opera materials531$227,915Appraisal
FieldValueIRS element (for citing)
Form8283 Received5Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 32, Hire and Use of Third PartiesFormAndLineReferenceDesc
ExplanationLyric Opera of Chicago hired Auctions By Cellular to coordinate and process electronic bidding on their devices for the auction portion of the Fantasy of the Opera event.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, EtJohn P. Amboian, Lester Crown, Michael W. Ferro, Jr., Richard P. Kiphart, Andrew J. McKenna and J. Christopher Reyes- business relationshipMichael P. Cole and Collin E. Roche- business relationshipLester Crown, W. James Farrell, Michael W. Ferro and Miles D. White- business relationshipLester Crown and Ruth Ann M. Gillis- business relationshipLester Crown and William A. Osborn- business relationshipLester Crown, Eric S. Smith and Glenn F. Tilton- business relationshipMarsha Cruzan, Ronald J. Gidwitz and Ruth Ann M. Gillis- business relationshipMarsha Cruzan, Ruth Ann M. Gillis and Marsha Serlin- business relationshipW. James Farrell, Ronald J. Gidwitz, Andrew J. McKenna, Robert S. Morrison, William A. Osborn, J. Christopher Reyes, John F. Sandner and Miles D. White- business relationshipW. James Farrell and Robert S. Morrison- business relationshipW. James Farrell, William A. Osborn, Glenn Tilton and Miles D. White- business relationshipMichael W. Ferro, Jr. and J. Christopher Reyes -business relationshipBrent W. Gledhill, Richard P. Kiphart and James W. Mabie- business relationshipJohn W. Jordan, II, J. Christopher Reyes and Shirley Welsh Ryan- business relationshipAndrew J. McKenna, J. Christopher Reyes, Shirley Welsh Ryan and John F. Sandner- business relationshipAndrew J. McKenna and Miles D. White- business relationshipWilliam A. Osborn and J. Christopher Reyes- business relationship
Form 990, Part VI, Line 11b: Form 990 Review ProcessThe 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 Tax Advisor oversees the discussion and review of the Form 990 with members of the Lyric Opera Audit Committee, along with appropriate Lyric staff. The entire Form 990 and Form 990-T package is sent along with a summary memo, via email, to all Members of the Lyric Opera of Chicago Audit Committee prior to filing electronically with the IRS.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsLyric 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 15b: Compensation Review and Approval Process for Officers and Key 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 nine independent board members, reviewed the fiscal 2014 compensation arrangements on May 14, 2013. 2) Comparability data included benchmark comparisons from peer industry organizations based on size of revenue and operating budget as well as scope of management responsibility. Compensation surveys sponsored by professional/trade organizations were also reviewed. 3) Recommendations, as well as any deliberation, were documented in the Compensation Committee minutes. A report to the Board with respect to compensation recommendations was reflected in the Board meeting minutes.
Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableLyric 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.
Other Changes In Net Assets Or Fund Balances - Other DecreasesChange in Severance Plans' Valuation = -$332709
Other Changes In Net Assets Or Fund Balances - Other DecreasesRyan Opera Center- Net Assets, from consolidated = -$60000
Other Changes In Net Assets Or Fund Balances - Other DecreasesUnrealized Loss- Interest Rate Swap Contract = -$295385
Form 990, Part IIn 2013, Lyric Opera of Chicago changed its fiscal year end from April 30 to June 30. Throughout the Form 990, any "Prior Year" information is for the two month period May 1, 2013 - June 30, 2013 only.
Form 990, Part V, Line 1a- 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 15aThe 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 of the Board of Directors is 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.

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