Chicago Symphony Orchestra

EIN: 362167823 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$125,909,695
Total Expenses
$88,908,944
Total Assets
$647,012,411
Net Assets
$492,006,799
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1890
Legal Domicile
IL
Principal Officer
Jeff Alexander
Phone
3122943333
Tax Period
2024-07-01 to 2025-06-30

Chicago Symphony Orchestra, founded in 1890, is a major nonprofit in the Arts, Culture & Humanities sector that reported $125.9M in total revenue in fiscal year 2024. The organization ran a surplus of $37.0M, a strong 29% operating margin.

Mission

Charter travel is provided for all employees during certain foreign and domestic tours when deemed more economical.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $73,115,707
Program Service Revenue $31,364,841
Investment Income $21,253,364
Other Revenue $175,783
TOTAL REVENUE $125,909,695

Expense Breakdown

Grants Paid $0
Salaries & Benefits $54,650,442
Fundraising Expenses $4,572,236
Program Expenses $68,036,377
Other Expenses $34,040,128
TOTAL EXPENSES $88,908,944

Year-over-Year Comparison

2024 2023 Change
Revenue $125,909,695 $125,469,447 +0.0%
Expenses $88,908,944 $88,621,632 +0.0%
Net Income $37,000,751 $36,847,815 +0.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
130
Independent Members
129
Employees
1141
Volunteers
819

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$1,804,767
Total Directors
133
$990,985
Key Employees
1
$318,161
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeff Alexander President 40.00
Officer Director
$914,323 $76,662 $990,985
Mary Louise Gorno Chair 1.50
Officer Director
$0 $0 $0
Chester A Gougis Vice Chair 0.30
Officer Director
$0 $0 $0
Steven Shebik Vice Chair 1.10
Officer Director
$0 $0 $0
Helen Zell Vice Chair 0.70
Officer Director
$0 $0 $0
Renee Metcalf Treasurer 0.50
Officer Director
$0 $0 $0
William Adams IV Life Trustee 0.60
Director
$0 $0 $0
Mrs Robert A Beatty Life Trustee 0.10
Director
$0 $0 $0
Arnold M Berlin Life Trustee 0.10
Director
$0 $0 $0
Laurence O Booth Life Trustee 0.10
Director
$0 $0 $0
William G Brown Life Trustee 0.10
Director
$0 $0 $0
Dean L Buntrock Life Trustee 0.10
Director
$0 $0 $0
Bruce E Clinton Life Trustee 0.10
Director
$0 $0 $0
Richard W Colburn Life Trustee 0.40
Director
$0 $0 $0
Richard H Cooper Life Trustee 0.10
Director
$0 $0 $0
Anthony T Dean Life Trustee 0.10
Director
$0 $0 $0
Debora de Hoyos Life Trustee 0.20
Director
$0 $0 $0
John A Edwardson Life Trustee 0.10
Director
$0 $0 $0
Thomas J Eyerman Life Trustee 0.10
Director
$0 $0 $0
David W Fox Sr Life Trustee 0.10
Director
$0 $0 $0
Cyrus F Freidheim Jr Life Trustee 0.20
Director
$0 $0 $0
Mrs Robert W Galvin Life Trustee 0.10
Director
$0 $0 $0
Paul C Gignilliat Life Trustee 0.20
Director
$0 $0 $0
Joseph B Glossberg Life Trustee 0.40
Director
$0 $0 $0
Richard C Godfrey Life Trustee 0.10
Director
$0 $0 $0
William A Goldstein Life Trustee 0.30
Director
$0 $0 $0
Howard L Gottlieb Life Trustee (until 9/21/24) 0.10
Director
$0 $0 $0
Mary Winton Green Life Trustee 0.10
Director
$0 $0 $0
David P Hackett Life Trustee 0.10
Director
$0 $0 $0
Joan W Harris Life Trustee 0.10
Director
$0 $0 $0
John H Hart Life Trustee 0.10
Director
$0 $0 $0
Thomas C Heagy Life Trustee 0.10
Director
$0 $0 $0
Jay L Henderson Life Trustee 0.10
Director
$0 $0 $0
William R Jentes Life Trustee 0.30
Director
$0 $0 $0
Richard B Kapnick Life Trustee 0.10
Director
$0 $0 $0
Donald G Kempf Jr Life Trustee 0.10
Director
$0 $0 $0
Mrs John C Kern Life Trustee 0.10
Director
$0 $0 $0
Robert Kohl Life Trustee 0.30
Director
$0 $0 $0
Josef Lakonishok Life Trustee 0.20
Director
$0 $0 $0
Charles Ashby Lewis Life Trustee 0.10
Director
$0 $0 $0
Eva F Lichtenberg Life Trustee 0.10
Director
$0 $0 $0
John F Manley Life Trustee 0.20
Director
$0 $0 $0
R Eden Martin Life Trustee 0.10
Director
$0 $0 $0
Arthur C Martinez Life Trustee 0.10
Director
$0 $0 $0
Judith W McCue Life Trustee 0.30
Director
$0 $0 $0
Lester H McKeever Life Trustee 0.10
Director
$0 $0 $0
David E McNeel Life Trustee 0.40
Director
$0 $0 $0
William A Osborn Life Trustee 0.10
Director
$0 $0 $0
Mrs Albert Pawlick Life Trustee 0.20
Director
$0 $0 $0
Jane DiRenzo Pigott Life Trustee 0.30
Director
$0 $0 $0
John M Pratt Life Trustee 0.10
Director
$0 $0 $0
Dr Irwin Press Life Trustee 0.10
Director
$0 $0 $0
John W Rogers Jr Life Trustee 0.10
Director
$0 $0 $0
Jerry Rose Life Trustee 0.10
Director
$0 $0 $0
Frank A Rossi Life Trustee 0.10
Director
$0 $0 $0
John R Schmidt Life Trustee 0.30
Director
$0 $0 $0
Thomas C Sheffield Jr Life Trustee 0.10
Director
$0 $0 $0
Robert C Spoerri Life Trustee 0.10
Director
$0 $0 $0
Carl W Stern Life Trustee 0.10
Director
$0 $0 $0
William H Strong Life Trustee 0.10
Director
$0 $0 $0
Louis C Sudler Jr Life Trustee (until 4/6/25) 0.10
Director
$0 $0 $0
Richard L Thomas Life Trustee 0.10
Director
$0 $0 $0
Richard P Toft Life Trustee 0.10
Director
$0 $0 $0
Penny Van Horn Life Trustee 0.30
Director
$0 $0 $0
Paul R Wiggin Life Trustee 0.30
Director
$0 $0 $0
John Aalbregtse Trustee 0.70
Director
$0 $0 $0
Peter J Barack Trustee 0.30
Director
$0 $0 $0
H Rigel Barber Trustee 0.10
Director
$0 $0 $0
Randy Lamm Berlin Trustee 0.10
Director
$0 $0 $0
Merrill Blau Trustee 0.40
Director
$0 $0 $0
Roderick Branch Trustee 0.10
Director
$0 $0 $0
Kay Bucksbaum Trustee (until 10/22/24) 0.10
Director
$0 $0 $0
Robert J Buford Trustee 0.40
Director
$0 $0 $0
Johannes Burlin Trustee 0.30
Director
$0 $0 $0
Leslie Henner Burns Trustee 0.70
Director
$0 $0 $0
Marion A Cameron-Gray Trustee 0.10
Director
$0 $0 $0
George P Colis Trustee 0.30
Director
$0 $0 $0
Keith S Crow Trustee 0.20
Director
$0 $0 $0
Stephen V D'Amore Trustee 0.10
Director
$0 $0 $0
Timothy A Duffy Trustee 0.40
Director
$0 $0 $0
Brian W Duwe Trustee 0.10
Director
$0 $0 $0
James B Fadim Trustee 0.40
Director
$0 $0 $0
Judith E Feldman Trustee 0.40
Director
$0 $0 $0
Robert B Ford Trustee 0.10
Director
$0 $0 $0
Estefania Garcia Trustee 0.10
Director
$0 $0 $0
Jennifer Goldstein Trustee 0.20
Director
$0 $0 $0
Graham C Grady Trustee 0.20
Director
$0 $0 $0
John Holmes Trustee 0.20
Director
$0 $0 $0
Janice L Honigberg Trustee 0.10
Director
$0 $0 $0
Lori Julian Trustee 0.40
Director
$0 $0 $0
Neil T Kawashima Trustee 0.20
Director
$0 $0 $0
Geraldine Keefe Trustee 0.20
Director
$0 $0 $0
Donna L Kendall Trustee 0.30
Director
$0 $0 $0
Thomas G Kilroy Trustee 0.20
Director
$0 $0 $0
Randall S Kroszner Trustee 0.10
Director
$0 $0 $0
Patty Lane Trustee 0.20
Director
$0 $0 $0
Jason M Laurie Trustee 0.20
Director
$0 $0 $0
Susan C Levy Trustee 0.20
Director
$0 $0 $0
Vikram Luthar Trustee 0.10
Director
$0 $0 $0
Ling Z Markovitz Trustee 0.30
Director
$0 $0 $0
Britt M Miller Trustee 0.10
Director
$0 $0 $0
Sharon Mitchell Trustee 0.20
Director
$0 $0 $0
Frank B Modruson Trustee 0.10
Director
$0 $0 $0
Toni Marie Montgomery Trustee 0.30
Director
$0 $0 $0
Mary Pivirotto Murley Trustee 0.40
Director
$0 $0 $0
Sylvia Neil Trustee 0.30
Director
$0 $0 $0
Christopher O'Herlihy Trustee 0.10
Director
$0 $0 $0
Santa J Ono Trustee 0.10
Director
$0 $0 $0
Gerald L Pauling II Trustee 0.30
Director
$0 $0 $0
Andrew Pritzker Trustee 0.10
Director
$0 $0 $0
Col Jennifer N Pritzker Trustee 0.10
Director
$0 $0 $0
Katherine Protextor Drehkoff Trustee 0.10
Director
$0 $0 $0
Dr Don M Randel Trustee 0.30
Director
$0 $0 $0
Dr Mohan Rao Trustee 0.10
Director
$0 $0 $0
Melissa M Root Trustee 0.40
Director
$0 $0 $0
Burton X Rosenberg Trustee 0.20
Director
$0 $0 $0
E Scott Santi Trustee 0.10
Director
$0 $0 $0
Marlon R Smith Trustee 0.10
Director
$0 $0 $0
Walter Snodell Trustee 0.20
Director
$0 $0 $0
Tracy A Stanciel Trustee 0.10
Director
$0 $0 $0
Dr Eugene Stark Trustee 0.30
Director
$0 $0 $0
Daniel E Sullivan Jr Trustee 0.30
Director
$0 $0 $0
Scott Swanson Trustee 0.50
Director
$0 $0 $0
Nasrin Thierer Trustee 0.20
Director
$0 $0 $0
Lisa Thomas Trustee 0.30
Director
$0 $0 $0
Christopher D Tower Trustee 0.30
Director
$0 $0 $0
Frederick H Waddell Trustee 0.30
Director
$0 $0 $0
Paul S Watford Trustee 0.40
Director
$0 $0 $0
Craig R Williams Trustee 0.20
Director
$0 $0 $0
Leah Williams Trustee 0.10
Director
$0 $0 $0
Robert A Wislow Trustee 0.30
Director
$0 $0 $0
Ann Marie Wright Trustee 0.10
Director
$0 $0 $0
Gifford R Zimmerman Trustee 0.30
Director
$0 $0 $0
Stacie M Frank VP, CFO, & Assistant Treasurer 40.00
Officer
$325,487 $31,319 $356,806
Kristine Stassen Secretary 40.00
Officer
$76,551 $26,298 $102,849
Dale Hedding VP for Development 40.00
Officer
$329,404 $24,723 $354,127
Vanessa Moss VP for Operations 40.00
Key Emp
$287,341 $30,820 $318,161
Robert Chen Concertmaster 40.00
Highest
$554,827 $70,939 $625,766
Stephen Williamson Principal Clarinet 40.00
Highest
$331,472 $154,022 $485,494
Mark Almond Principal Horn 40.00
Highest
$343,234 $16,854 $360,088
William Welter Principal Oboe 40.00
Highest
$339,617 $53,919 $393,536
Stefan Ragnar Hoskuldsson Principal Flute 40.00
Highest
$326,320 $64,491 $390,811
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $125,909,695 $88,908,944 $647,012,411 $37,000,751
2024 No data No data No data No data
2023 $80,827,722 $85,601,183 $515,186,651 $-4,773,461
2022 $102,432,097 $75,080,250 $530,890,156 $27,351,847
2021 $109,905,535 $47,205,442 $576,700,123 $62,700,093
2020 $73,806,692 $76,256,229 $475,390,554 $-2,449,537
2019 $72,050,421 $78,697,891 $503,065,284 $-6,647,470
2018 $81,820,078 $81,339,432 $508,805,441 $480,646
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