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Chicago Symphony Orchestra

Chicago, IL · EIN 36-2167823 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Chicago Symphony Orchestra reported $125.9 million in revenue and $88.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $76.52 went to program services, $18.34 to management and general costs and $5.14 to fundraising. Its largest source of revenue was contributions and grants: 58.1% of the total. The highest compensation it reported for one person was $990,985 (President). 135 people received more than $100,000 in reportable compensation. Revenue rose 71% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $89M

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $126M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
76.5%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
18.3%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
5.1%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.06$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
58.1%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%1.7%
Program service revenue share
Part VIII 2g ÷ 12
24.9%20.8%
Highest reported compensation
Part VII-A, columns D–F
$990,985$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.11%2.03%
People paid over $100,000
Part VII, line 2
1358
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
66.436.6
Independent voting board members
Part VI 1a–1b
129 of 130100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$54M expenses · 79.0% of program spending · revenue $24M

Chicago Symphony Orchestra Concerts - During its 134th season, the Chicago Symphony Orchestra inspired audiences through more than 130 performances, including 32 weeks of subscription concerts. The 2024/25 Season was highlighted by landmark performances with Zell Music Director Designate Klaus Makela and Music Director Emeritus for Life Riccardo Muti. Makela, whose tenure as the CSO's 11th Music Director begins in the 2027/28 Season, returned for a two-week spring residency that featured Mahler's Third Symphony and a program with Dvorak's Seventh Symphony and Brahms' Second Piano Concerto…

$5.2M expenses · 7.7% of program spending · revenue $4.9M

Symphony Center Presents Concerts - Symphony Center Presents (SCP) programs throughout the 2024/25 Season welcomed a wide array of world-class artists and ensembles. The SCP Chamber Music series featured the return of viol player Jordi Savall with his early music ensembles; violinist Julia Fischer with pianist Jan Lisiecki, and a trio comprising violinist Anne-Sophie Mutter, pianist Yefim Bronfman, and cellist Pablo Ferrandez. The SCP Piano series brought legendary artists like Jean-Yves Thibaudet, Daniil Trifonov, Emanuel Ax, Evgeny Kissin, and Vikingur Olafsson back to Orchestra Hall…

$2.7M expenses · 4.0% of program spending · revenue $473K

Education Concerts and Activities - Programs of the Negaunee Music Institute (NMI) engaged many communities, with 275 Chicago-area schools participating in programs that reached 25,000 students, teachers, and families. Two-thirds of student attendance came from Chicago Public Schools, who received free bus transportation. The Institute collaborated with 90 schools and community partners to deliver education and community engagement programs throughout the year. Training programs and performance opportunities for young musicians included the Crain-Maling Foundation CSO Young Artists…

$6.3M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President
Director/trustee, officer, 40.00 hrs/week
$914,323$0$76,662$990,985
Concertmaster
Highest compensated employee, 40.00 hrs/week
$554,827$0$70,939$625,766
Principal Clarinet
Highest compensated employee, 40.00 hrs/week
$331,472$0$154,022$485,494
Principal Oboe
Highest compensated employee, 40.00 hrs/week
$339,617$0$53,919$393,536
Principal Flute
Highest compensated employee, 40.00 hrs/week
$326,320$0$64,491$390,811
Principal Horn
Highest compensated employee, 40.00 hrs/week
$343,234$0$16,854$360,088
VP, CFO, & Assistant Treasurer
Officer, 40.00 hrs/week
$325,487$0$31,319$356,806
VP for Development
Officer, 40.00 hrs/week
$329,404$0$24,723$354,127

135 people received more than $100,000 in reportable compensation from Chicago Symphony Orchestra (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.2M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$126M$89M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$126M$89M76.5%$492M$990,985
FY2024 ⓘ$125M$89M76.0%$420M$953,469
FY2023 ⓘ$81M$86M76.8%$343M$942,263
FY2022 ⓘ$102M$75M76.7%$330M$952,263
FY2021 ⓘ$110M$47M68.9%$349M$1,115,293
FY2020 ⓘ$74M$76M75.5%$217M$1,350,014

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b130 · 129 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 51,141
  • Volunteers Part I, line 6819

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Allied Advertising Limited Partnership
Advertising Services
$1,164,241
Capacity Interactive Consulting
Marketing Digital and Management Fee
$758,820
Opus 3 Artists
Performance Fee and Expense
$739,800
Levy Restaurant
Restaurant, Concessions Stand Services
$721,527

Individuals listed as contractors are left out. 38 contractors were paid more than $100,000 in all.

Private foundation grants it received

139 private foundations reported grants to Chicago Symphony Orchestra totaling $9.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Chicago Symphony Orchestra's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Chicago Symphony Orchestra, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in Illinois

Questions people ask

How much of Chicago Symphony Orchestra's spending goes to programs?

In the fiscal year ending June 30, 2025, Chicago Symphony Orchestra reported that 76.5% of its $88.9 million in expenses went to program services, 18.3% to management and general and 5.1% to fundraising (Form 990, Part IX).

How much does Chicago Symphony Orchestra pay its top executive?

The largest total compensation Chicago Symphony Orchestra reported for one person in the fiscal year ending June 30, 2025 was $990,985, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Chicago Symphony Orchestra get its money?

Of $125.9 million in revenue in the fiscal year ending June 30, 2025, 58.1% came from contributions and grants (including 0.1% from government grants) and 24.9% from program service revenue (Form 990, Part VIII).

Is Chicago Symphony Orchestra a registered charity?

The IRS lists EIN 36-2167823 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611349349302556 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531279349302808 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401319349302785 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321189349301107 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231259349302028 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111309349301571 · read the filing

All filings for EIN 36-2167823: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.