Charity Search / CHICAGO SYMPHONY ORCHESTRA
Arts, Culture & Humanities (A690) IRS Verified DX Registered 990 on File

CHICAGO SYMPHONY ORCHESTRA

EIN: 36-2167823 · CHICAGO, IL 60604-2596 · United States · FY 2023 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 70/100
Reliability (20%) 70/100
Effectiveness (25%) 93/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

The central mission of the Chicago Symphony Orchestra Association (CSOA) is to present classical music through the Chicago Symphony Orchestra to Chicago, national and international audiences. Corporate Night is a fundraising event presented in partnership by the CSOA and the League of the CSOA. Proceeds benefit the Chicago Symphony Orchestra's artistic, education and community engagement programs in Chicago and across the globe.

Financial Overview — FY 2023
$80.8M
Total Revenue
$85.6M
Total Expenses
$342.8M
Net Assets
1140
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 76.8%
Fundraising Efficiency 921.2%
Operating Reserve 48.05x
Liability-to-Asset 33.5%
Revenue Diversification 36.2%
Executive Compensation $2.1M
Compared with Peers
FY 2023
Compared with 655 similar organizations (United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
76.8% 79.6%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
18.0% 13.1%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
5.2% 6.0%
P10P90
Above median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
921.2% 814.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
48.1 mo 28.2 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
33.5% 13.6%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
36.2% 72.1%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-21.1% -2.2%
P10P90
Expense growth
Year over year expense growth
14.0% 12.7%
P10P90
Surplus margin
Surplus as a share of revenue
-5.9% 0.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $80.8M $85.6M $342.8M 76.8% 1140
2022 $102.4M $75.1M $330.4M 76.7% 785
2021 $109.9M $47.2M N/A — 927
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Organization Details
EIN
36-2167823
State
IL
City
CHICAGO
ZIP
60604-2596
Classification
A690
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1891
Foundation Code
15
Form 990
On File
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