Arts, Culture & Humanities
(A690)
IRS Verified
DX Registered
990 on File
CHICAGO SYMPHONY ORCHESTRA
Financial strength (30%)
70/100
Reliability (20%)
70/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
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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