2015-07-29T10:58:27-05:00 2014-09-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2013-10-01 366002273 RAVINIA FESTIVAL ASSOCIATION RAVI 8472665000 418 SHERIDAN ROAD HIGHLAND PARK IL 60035 WELZ KAUFFMAN PRESIDENT & CEO 8472665000 2015-07-10 1 LU ANN TRAPP P01506476 3122071040 2015-07-10 2013 2016-02-25 16:41:14Z WELZ KAUFFMAN 418 SHERIDAN ROAD HIGHLAND PARK IL 60035 58136719 0 X WWW.RAVINIA.ORG X 1936 IL TO PRESENT WORLD-CLASS MUSIC, DANCE, THEATRE AND CULTURAL PRESENTATIONS. 72 71 796 250 112111 -33972 13224669 14924582 23793429 25147274 1158492 2030161 765396 601311 38941986 42703328 0 0 0 0 8603378 9623460 0 0 2440488 28120547 28744047 36723925 38367507 2218061 4335821 158356793 167359618 4945197 4368290 153411596 162991328 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 29470347 24098505 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 120 SEPARATE EVENTS OVER THE SUMMER MONTHS OF JUNE THROUGH SEPTEMBER. CONCERTS RANGE FROM POP, JAZZ, WORLD MUSIC, DANCE AND MUSIC THEATER, WITH A SPECIAL EMPHASIS ON CLASSICAL MUSIC. 1239757 68295 RAVINIA OPERATES A PROFESSIONAL STUDIES WING, THE STEANS MUSIC INSTITUTE, THROUGH WHICH SERIOUS ARTISTS AROUND THE WORLD COMPETE FOR 70 ANNUAL FULLY PAID FELLOWSHIPS TO HONE THEIR PERFORMANCE TECHNIQUES WITH CELEBRATED MUSIC MASTERS. STEANS IS A RIGOROUS AND ACCLAIMED STUDY PROGRAM IN WHICH THE FINEST UP-AND-COMING MUSICIANS CAN STUDY WITH THE MASTER OF THEIR FIELDS, OFTEN THE VERY ARTISTS PERFORMING 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 REACTION WHILE PROVIDING RAVINIA AUDIENCES A CHANCE TO WITNESS TOMORROW'S STARS TODAY. 1293762 THROUGH RAVINIA'S REACH*TEACH*PLAY EDUCATION PROGRAMS, OVER 75,000 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 ENCOURAGMENT. RAVINIA PROVIDES MUSIC EDUCATION PROGRAMS TO 18,000 PUBLIC SCHOOL STUDENTS, RETURNING MUSIC TO BUDGET-STRAPPED SCHOOLS IN CHICAGO'S UNDERSERVED NEIGHBORHOODS, FREE FAMILY MUSIC PROGRAMS THROUGH A COMMUNITY CONSERVANCY IN LAWNDALE, AN INTENSE ORCHESTRA TRAINING, SISTEMA TRAINING PROGRAM AT CIRCLE ROCK CHARTER SCHOOL IN CHICAGO, 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. 32003866 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 362 0 1 796 1 1 1 0 0 0 0 1 1 0 0 0 0 X 72 71 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 KAUFFMAN PRESIDENT & CEO 60.00 X X 641348 0 310275 ROBERT D KREBS CHAIRPERSON (10/1/13 - 12/31/13) 5.00 X X 0 0 0 JOHN L ANDERSON CHAIRPERSON (1/1/14 - 9/30/14) 5.00 X X 0 0 0 JOHN C BERGHOFF JR VICE CHAIRMAN (10/1/13 - 12/31/13) 3.00 X X 0 0 0 JENNIFER W STEANS TREASURER 3.00 X X 0 0 0 KELLY GRIER SECRETARY 3.00 X X 0 0 0 JAMES D ABRAMS TRUSTEE 0.50 X 0 0 0 HOWARD ACKERMAN TRUSTEE 0.50 X 0 0 0 AARON E ALT TRUSTEE 0.50 X 0 0 0 LARRY A BARDEN TRUSTEE 0.50 X 0 0 0 JOHN C BERGHOFF JR TRUSTEE 0.50 X 0 0 0 DARRYL BRADFORD TRUSTEE 0.50 X 0 0 0 DEBRA A CAFARO TRUSTEE 0.50 X 0 0 0 LUTGART CALCOTE TRUSTEE 0.50 X 0 0 0 JANE D CASPER TRUSTEE 0.50 X 0 0 0 JOHN A CHALLENGER TRUSTEE 0.50 X 0 0 0 STEPHEN M CHIPMAN TRUSTEE 0.50 X 0 0 0 DON CIVGIN TRUSTEE 0.50 X 0 0 0 RICHARD W COLBURN TRUSTEE 0.50 X 0 0 0 BOBBIE B DENISON TRUSTEE 0.50 X 0 0 0 JEANNE M DENISON TRUSTEE 0.50 X 0 0 0 CHRISTOPHER A DEVENY TRUSTEE 0.50 X 0 0 0 ANNETTE G DEZELAN TRUSTEE 0.50 X 0 0 0 TADASHI ENAMI TRUSTEE 0.50 X 0 0 0 CLIFTON FENTON TRUSTEE 0.50 X 0 0 0 VENITA FIELDS TRUSTEE 0.50 X 0 0 0 JOHN C FORTSON TRUSTEE 0.50 X 0 0 0 MICHAEL M FROY TRUSTEE 0.50 X 0 0 0 MARK D GERSTEIN TRUSTEE 0.50 X 0 0 0 MICHAEL R GERVASIO TRUSTEE 0.50 X 0 0 0 JAMES T GLERUM JR TRUSTEE 0.50 X 0 0 0 LOUIS B GOLDMAN TRUSTEE 0.50 X 0 0 0 HOWARD L GOTTLIEB TRUSTEE 0.50 X 0 0 0 JOSEPH A GREGOIRE TRUSTEE 0.50 X 0 0 0 ARTHUR W HAHN TRUSTEE 0.50 X 0 0 0 JEFFREY C HAMMES TRUSTEE 0.50 X 0 0 0 JON HARRIS TRUSTEE 0.50 X 0 0 0 GREG HART TRUSTEE 0.50 X 0 0 0 BETSY HOLDEN TRUSTEE 0.50 X 0 0 0 KATHRYN D INGRAHAM TRUSTEE 0.50 X 0 0 0 JEFFREY H JACOBS TRUSTEE 0.50 X 0 0 0 RICHARD D JOHNSON TRUSTEE 0.50 X 0 0 0 DAVID R KAHNWEILER TRUSTEE 0.50 X 0 0 0 ELIZABETH KARLSON TRUSTEE 0.50 X 0 0 0 CHRISTOPHER J KLEIN TRUSTEE 0.50 X 0 0 0 EMILY T KNIGHT TRUSTEE 0.50 X 0 0 0 LIZ LEFKOFSKY TRUSTEE 0.50 X 0 0 0 JEFFREY M LEIDEN MD PH D TRUSTEE 0.50 X 0 0 0 MARCUS LEMONIS TRUSTEE 0.50 X 0 0 0 RICHARD H LENNY TRUSTEE 0.50 X 0 0 0 GARY J LEVIN TRUSTEE 0.50 X 0 0 0 SUSAN C LEVY TRUSTEE 0.50 X 0 0 0 HOLLY W MADIGAN TRUSTEE 0.50 X 0 0 0 ALAN R MAY TRUSTEE 0.50 X 0 0 0 PATTY MCGRATH TRUSTEE 0.50 X 0 0 0 ROBERT ROB MERRILEES TRUSTEE 0.50 X 0 0 0 LUCY R MINOR TRUSTEE 0.50 X 0 0 0 TONI-MARIE MONTGOMERY TRUSTEE 0.50 X 0 0 0 MARY MORELAND TRUSTEE 0.50 X 0 0 0 CHRISTOPHER NOON TRUSTEE 0.50 X 0 0 0 DANIELA OLEARY-GILL TRUSTEE 0.50 X 0 0 0 ALICE M PETERSON TRUSTEE 0.50 X 0 0 0 DALE R PINKERT TRUSTEE 0.50 X 0 0 0 STEPHEN RAPPIN TRUSTEE 0.50 X 0 0 0 DANIEL H REISNER TRUSTEE 0.50 X 0 0 0 PETER ROBERTS TRUSTEE 0.50 X 0 0 0 AUDREY C RUBINSTEIN TRUSTEE 0.50 X 0 0 0 MICHAEL J SACKS TRUSTEE 0.50 X 0 0 0 E SCOTT SANTI TRUSTEE 0.50 X 0 0 0 DONNA SCIARAPPA TRUSTEE 0.50 X 0 0 0 JANA R SCHREUDER TRUSTEE 0.50 X 0 0 0 STEPHEN N SEHLER TRUSTEE 0.50 X 0 0 0 JOSEPH SEMINETTA TRUSTEE 0.50 X 0 0 0 RICHARD L SEVCIK TRUSTEE 0.50 X 0 0 0 DAVID SHANE TRUSTEE 0.50 X 0 0 0 ALEJANDRO SILVA TRUSTEE 0.50 X 0 0 0 AVY H STEIN TRUSTEE 0.50 X 0 0 0 JOHN A STEPAN TRUSTEE 0.50 X 0 0 0 THOMAS H STONE TRUSTEE 0.50 X 0 0 0 NANCY D TALLENT TRUSTEE 0.50 X 0 0 0 ANDRES TAPIA TRUSTEE 0.50 X 0 0 0 EDUARDO TOBON TRUSTEE 0.50 X 0 0 0 REV RICHARD L TOLLIVER TRUSTEE 0.50 X 0 0 0 PAUL B UHLENHOP TRUSTEE 0.50 X 0 0 0 MARK A WAGNER TRUSTEE 0.50 X 0 0 0 AUDREY L WEAVER TRUSTEE 0.50 X 0 0 0 J RANDALL WHITE TRUSTEE 0.50 X 0 0 0 CHRISTOPHER L WILLIAMS TRUSTEE 0.50 X 0 0 0 THOMAS C WRIGHT TRUSTEE 0.50 X 0 0 0 PAUL G YOVOVICH TRUSTEE 0.50 X 0 0 0 SHARI MASSEY DIRECTOR OF FINANCE 40.00 X 165889 0 12232 PATRICIA FRANK SANDERS GENERAL MANAGER 40.00 X 191255 0 37401 NICHOLAS PULLIA DIRECTOR OF COMMUNICATION 40.00 X 172330 0 26545 GREGORY E WALTERS DIRECTOR OF DEVELOPMENT 40.00 X 181602 0 24555 JAMES M LAING DIRECTOR OF IT 40.00 X 153748 0 36167 MICHAEL ROBINSON TECHNICAL DIRECTOR 40.00 X 148595 0 53592 1654767 0 500767 18 0 1 0 CHICAGO SYMPHONY ORCHESTRA 220 S MICHAGAN CHICAGO IL 60064 MUSICAL 2942313 WB OLSON 3235 ARNOLD LANE NORTHBROOK IL 60062 BUILDING CONTRACTOR 1988682 LIVE NATION 9348 CIVIC CENTER DR BEVERLY HILLS CA 90210 MUSICAL 900000 NORMOTA INC 1000 FOURTH STREET SUITE 375 SAN RAFEL CA 94901 MUSICAL 890000 CHICAGO TOURING INC 1880 CENTURY PARK E 1600 LOS ANGELES CA 90067 MUSICAL 794037 43 16005 1358210 66615 13483752 796919 14924582 ADMISSIONS 711130 21921441 21921441 PARKING FOR PERFORMANCES 812930 800383 800383 HANDLING FEES 900099 546700 546700 MISC. PROGRAM REVENUE 900099 545469 545469 FOOD SERVICE COMMISSIONS 722320 491622 15795 475827 841659 807376 34283 25147274 1231564 1231564 126739 126739 19278 0 19278 19278 19278 15329480 14530883 798597 798597 798597 602089 1358210 535364 66725 66725 755713 367144 388569 345814 42755 42703328 24166800 112111 3499835 X 956686 437134 351687 167865 6636586 4313455 1556255 766876 479723 340356 85124 54243 1082930 826225 162448 94257 467535 338196 76309 53030 103786 7996 95790 41600 41600 229409 229409 17680247 16942955 341213 396079 1188206 1126559 61647 2609337 2156250 257914 195173 389868 40103 347955 1810 610268 485724 60716 63828 1345046 1316503 12015 16528 177465 142549 1651 33265 7604 7604 2082514 1961082 60716 60716 487423 349595 68914 68914 EQUIPMENT RENTAL & MAIN 782342 764194 18148 LANDSCAPE AND GROUNDS 183331 183331 825601 271659 147685 406257 38367507 32003866 3923153 2440488 16438910 14471254 2065170 1814924 419576 496750 56213 101421 238416 264206 75949986 34717278 39776307 41232708 39116350 37199897 60245851 71778458 158356793 167359618 3155102 2788514 1790095 1579776 4945197 4368290 X 113055091 121174007 11232274 12474937 29124231 29342384 153411596 162991328 158356793 167359618 4335821 5243911 0 X 0 1 X 1 0 X 15744003 13703488 12535310 13224669 14924582 70132052 18146391 18882079 19776089 24244179 25178788 106227526 33890394 32585567 32311399 37468848 40103370 176359578 600000 643967 949623 938258 1167849 4299697 0 600000 643967 949623 938258 1167849 4299697 172059881 1695051 1205842 1208993 1363065 1453812 6926763 1695051 1205842 1208993 1363065 1453812 6926763 35585445 33791409 33520392 38831913 41557182 183286341 0.93870 0.93500 0.03780 0.04360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1925870 X X 0 96755556 218153 7271854 3764113 239800 100241650 92624165 773898 7557425 3983055 216877 96755556 83588912 2191184 10903331 3849733 209529 92624165 85528652 1375590 533979 3609434 239875 83588912 77865714 4591962 6611267 3315734 224557 85528652 0.61510 0.29270 0.09220 0 0 41850890 18711623 23139267 19755176 6878665 12876511 2067542 1549973 517569 12276378 7577017 4699361 41232708 EQUITY MUTUAL FUNDS 4894392 F BANK COMMON TRUST FUNDS 30223929 F HEDGE FUNDS (MARKETABLE ALTERNATIVE) 28895789 F COMMODITY FUTURES 2769390 F SHORT-TERM INVESTMENTS 4994958 F 71778458 X 49772714 5243911 1458331 367144 7069386 42703328 0 42703328 40192982 1458331 367144 1825475 38367507 0 38367507 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 X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION, AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 367,144. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 367,144. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 HEDGE FUND INVESTMENT 7976753 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 HEDGE FUND INVESTMENT 23688432 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING 25000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES TRAVEL TO RESEARCH ARTISTS, AGENTS AND FUTURE PROGRAMMING. 99794 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES TRAVEL TO RESEARCH ARTISTS, AGENTS AND FUTURE PROGRAMMING. 15248 TRAVEL TO RESEARCH ARTISTS, AGENTS AND FUTURE PROGRAMMING. 0 0 0 0 0 0 31805227 0 31805227 1 0 1 0 0 0 GALA 920300 797160 123140 329749 GOLF EVENT 591798 295899 295899 75978 2 448201 265151 183050 129637 1960299 1358210 602089 535364 535364 66725 X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 WELZ KAUFFMAN PRESIDENT & CEO 580546 0 60000 0 802 0 296348 0 13927 0 951623 0 0 0 SHARI MASSEY DIRECTOR OF FINANCE 153889 0 12000 0 0 0 3878 0 8354 0 178121 0 0 0 PATRICIA FRANK SANDERS GENERAL MANAGER 180255 0 11000 0 0 0 23346 0 14055 0 228656 0 0 0 NICHOLAS PULLIA DIRECTOR OF COMMUNICATION 160330 0 12000 0 0 0 18191 0 8354 0 198875 0 0 0 GREGORY E WALTERS DIRECTOR OF DEVELOPMENT 169602 0 12000 0 0 0 13081 0 11474 0 206157 0 0 0 JAMES M LAING DIRECTOR OF IT 143748 0 10000 0 0 0 16112 0 20055 0 189915 0 0 0 MICHAEL ROBINSON TECHNICAL DIRECTOR 148595 0 0 0 0 0 31204 0 22388 0 202187 0 0 0 PART I, LINE 1A FIRST CLASS AIR TRAVEL FOR PRESIDENT AND CEO IS ALLOWED ON OCCASION. THE FIRST CLASS UPGRADE IS NORMALLY PROVIDED THROUGH USE OF COMPLIMENTARY UPGRADE CERTIFICATES. PART I, LINE 4B THE ORGANIZATION ACCRUED $279,303 FOR ITS PRESIDENT AND CEO UNDER A SUPPLEMENTAL DEFERRED COMPENSATION PLAN FOR THE CURRENT YEAR. THE FUNDS ARE SUBJECT TO THE ORGANIZATION'S CREDITORS. BENEFITS UNDER THE PLAN VEST TO THE PRESIDENT AND CEO INCREMENTALLY UNDER A VESTING SCHEDULE. X 69 624093 NYSE X AUCTION ITEMS 0 128826 FAIR MARKET VALUE X EVENT BEVERAG 0 44000 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 JEANNE M. DENISON AND BOBBIE DENNISON - FAMILY RELATIONSHIP SUSAN LEVY AND AUDREY RUBINSTEIN - FAMILY RELATIONSHIP ARTHUR W. HAHN, TRUSTEE AND ROB MERRILEES, TRUSTEE - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 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 ADMINISTRATION 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 14,960,557. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 5,221. TOTAL EXPENSES 14,965,778. POLICE SERVICES: PROGRAM SERVICE EXPENSES 680,639. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 680,639. OUTSIDE LABOR: PROGRAM SERVICE EXPENSES 39,602. MANAGEMENT AND GENERAL EXPENSES 100,960. FUNDRAISING EXPENSES 89,541. TOTAL EXPENSES 230,103. GENERAL CONSULTANTS: PROGRAM SERVICE EXPENSES 497,191. MANAGEMENT AND GENERAL EXPENSES 240,253. FUNDRAISING EXPENSES 301,317. TOTAL EXPENSES 1,038,761. MISC. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 764,966. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 764,966.