The Chicago Philharmonic Society

Organization Overview

The Chicago Philharmonic Society is located in Chicago, IL. The organization was established in 1990. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Chicago Philharmonic Society employed 248 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Philharmonic Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Chicago Philharmonic Society generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $2.8m during the year ending 06/2022. While expenses have increased by 5.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO EXCITE, ENGAGE, AND TRANSFORM DIVERSE AUDIENCES WITH THE BEAUTY AND POWER OF MUSIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PROMOTION AND APPRECIATION OF ORCHESTRAL AND CHAMBER MUSIC AMONG THE GENERAL PUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
Terell Johnson
Executive Director
$55,308
Donna Milanovich
Board Member
$44,000
Bill Denton
Board Member
$13,849
Jennifer Cappelli
Board Member
$10,458
Anne Bach
Board Member
$9,929
Elizandro Garcia-Montoya
Board Member
$7,639

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $855,768
All other contributions, gifts, grants, and similar amounts not included above$379,069
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,234,837
Total Program Service Revenue$1,929,582
Investment income $905
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $43,805
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,210,456

Peer Organizations

Organization NameAssets
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Louisville, KY
$14,770,476
Kansas City Symphony
Kansas City, MO
$14,755,393
Saint Louis Symphony Endowment Trust
Saint Louis, MO
$18,922,089
Fort Wayne Philharmonic Orchestra Inc
Fort Wayne, IN
$3,934,068
Des Moines Symphony Association
Des Moines, IA
$5,286,185
Madison Symphony Orchestra Inc
Madison, WI
$3,792,114
Chicago Youth Symphony Orchestras
Chicago, IL
$3,892,125
The Chicago Philharmonic Society
Chicago, IL
$3,210,456
Quad City Symphony Orchestra Association
Davenport, IA
$3,423,220
Milwaukee Youth Symphony Orchestra Inc
Milwaukee, WI
$3,374,542
Orchestra Iowa Inc
Cedar Rapids, IA
$3,674,053
Wisconsin Chamber Orchestra Inc
Madison, WI
$2,816,228
South Bend Symphony Orchestra Association Inc
South Bend, IN
$2,133,538
Elgin Symphony Orchestra Assoc
Elgin, IL
$1,780,383
Evansville Philharmonic Orchestra
Evansville, IN
$2,742,397
Sioux City Symphony Orchestra Association
Sioux City, IA
$2,019,352
Illinois Symphony Orchestra Inc
Springfield, IL
$1,564,334
Midwest Young Artists
Highwood, IL
$1,587,915
Rockford Symphony Orchestras Inc
Rockford, IL
$1,042,042
Dubuque Symphony Orchestra
Dubuque, IA
$1,369,482
Illinois Philharmonic Orchestra
Park Forest, IL
$931,433
Youth Symphony Association Of Kansas City Inc
Kansas City, MO
$1,063,212
Columbus Pro Musica Inc
Columbus, IN
$941,417
Springfield Symphony Orchestra Inc
Springfield, MO
$971,982
Lexington Philharmonic Society Inc
Lexington, KY
$928,496

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