Overview
What is The Chicago Philharmonic Society?
The Chicago Philharmonic Society is a renowned nonprofit organization situated in Chicago, Illinois, with its headquarters at 226 South Wabash Avenue, Suite 10. Established with the purpose of promoting and appreciating orchestral and chamber music among the general public, the Society's mission is to captivate, engage, and transform diverse audiences through the enchanting beauty and powerful impact of music. To fulfill this mission, they perform classical music at the highest standard, offering various ensembles such as symphony orchestra performances, performing for a wide array of audiences in engaging presentations, at affordable prices, and in a range of venues and communities. With a dedicated workforce of 248 individuals, the Chicago Philharmonic Society continues to elevate the musical experience for its audience, contributing significantly to the cultural landscape of Chicago.
Official website here: www.chicagophilharmonic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The Chicago Philharmonic Society has earned a commendable Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance, with a score of 100%. This high rating signifies that the organization maintains strong financial health and adheres to best practices in governance, including having a majority of independent board members and robust policies for conflict of interest and whistleblower protections.
The organization's program expense ratio is impressive at nearly 84%, indicating that a significant portion of its expenses directly supports its mission-related activities. Furthermore, it has demonstrated a commitment to transparency, as evidenced by its thorough financial statements and the availability of its tax forms on its website. These factors contribute to its overall positive assessment and highlight its financial integrity.
While the accountability and finance aspects are particularly strong, the culture and community score, although still high at 10%, suggests there may be areas for improvement in community engagement or outreach efforts. Nonetheless, The Chicago Philharmonic Society's overall rating reflects its dedication to effective management and responsible stewardship of resources.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Chicago Philharmonic Society?
98% of 34 reviewers on Facebook recommend The Chicago Philharmonic Society. Here is a summary of their reviews:
The comments highlight an overwhelmingly positive experience, with many users emphasizing the high quality of musical performances. Reviewers consistently praise the orchestra's talent and the engaging nature of the concerts, indicating that attendees find the events to be memorable and enjoyable.
In addition to the quality of the music, users express appreciation for the overall atmosphere and professionalism of the society. This strong endorsement reflects a community that values the cultural contributions made by The Chicago Philharmonic Society, showcasing its effectiveness in providing enriching musical experiences.
This AI summary has been generated from reviews found on Facebook.
Is The Chicago Philharmonic Society legitimate?
The Chicago Philharmonic Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Chicago Philharmonic Society submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $297,369
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,677,336
For more financial information, click here
Official website here: www.chicagophilharmonic.org
What is the mission statement of The Chicago Philharmonic Society?
The Chicago Philharmonic Society's mission is focused on engaging and transforming diverse audiences through the beauty and power of music. They strive to perform classical music at the highest standard, utilizing various ensembles such as symphony orchestra performances. These performances are designed to be accessible and affordable, reaching a broad and diverse audience across a range of venues and communities. The society's mission also involves promoting and fostering an appreciation for orchestral and chamber music among the general public.
Official website here: www.chicagophilharmonic.org
What is the revenue of The Chicago Philharmonic Society?
The Chicago Philharmonic Society's revenue in 2023 was $2,352,861.
Official website here: www.chicagophilharmonic.org
Who are the executives of The Chicago Philharmonic Society and what are their salaries?
The average compensation at The Chicago Philharmonic Society during 2023 was $6,020. There are 328 employees and 10 volunteers at The Chicago Philharmonic Society.
Here are 30 key members and their salaries:
- Compensation: $0
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- Compensation: $7,006
- Related: $0
- Other: $1,382
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- Other: $0
- Compensation: $10,549
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- Other: $2,105
- Compensation: $10,934
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- Other: $2,255
- Compensation: $10,058
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- Other: $2,014
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- Other: $0
- Compensation: $15,283
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- Other: $3,196
- Compensation: $9,965
- Related: $0
- Other: $2,098
- Compensation: $0
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- Other: $0
- Compensation: $2,722
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- Other: $523
- Compensation: $0
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- Other: $0
- Compensation: $10,365
- Related: $0
- Other: $2,100
- Compensation: $0
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- Other: $0
- Compensation: $18,160
- Related: $0
- Other: $3,757
- Compensation: $7,525
- Related: $0
- Other: $1,568
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- Compensation: $12,497
- Related: $0
- Other: $2,496
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- Compensation: $0
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- Other: $0
- Compensation: $111,898
- Related: $0
- Other: $13,428
- Compensation: $70,407
- Related: $0
- Other: $8,449
Official website here: www.chicagophilharmonic.org
Where can I find the form 990 for The Chicago Philharmonic Society?
The Chicago Philharmonic Society's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chicagophilharmonic.org
Learn more at the official website: www.chicagophilharmonic.org
Mission Statement of The Chicago Philharmonic Society
The Chicago Philharmonic Society, a renowned organization, is committed to igniting, engaging, and transforming diverse audiences through the enchanting and powerful medium of music. At its core, the society's mission is to deliver classical music at an outstanding level, utilizing various ensembles such as symphony orchestra performances. These performances are designed to captivate broad and diverse audiences, ensuring they are presented in engaging manners, at reasonable prices, and accessible across a variety of venues and communities.
In pursuit of this goal, The Chicago Philharmonic Society fosters the appreciation and promotion of orchestral and chamber music amongst the general public. Through its efforts, the society aims to make these art forms more accessible and relatable to a wide range of individuals, thereby encouraging a deeper connection and appreciation for this timeless form of expression. The society's mission is not just about performing music, but about creating experiences that resonate with diverse audiences, inspiring them, and fostering a shared love for classical music.
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Impact
October, 2024
The Chicago Philharmonic Society significantly enhances the cultural landscape of Chicago by exciting, engaging, and transforming diverse audiences through the beauty and power of music. By promoting and fostering appreciation for orchestral and chamber music, the Society plays a pivotal role in making high-quality classical music accessible to a wide range of communities.
Through its various ensembles, including the symphony orchestra, the Society delivers performances that meet the highest artistic standards. These performances are characterized by engaging presentations that draw in audiences from all backgrounds, ensuring that the experience of classical music is available to everyone. By offering affordable ticket prices and performing in a variety of venues, the Chicago Philharmonic Society breaks down barriers, allowing individuals and families to experience live music without financial constraints.
In this way, the Society not only enriches the local community's cultural offerings but also cultivates a deeper appreciation for the arts among residents and visitors alike, fostering a sense of connection and shared experience through music.
This information is meant to be a general summary of The Chicago Philharmonic Society. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3,223
- Program Service Revenue: $1,934,239
- Gross Receipts: $2,352,861
Assets and Liabilities:
- Total Assets: $1,745,348
- Total Liabilities: $347,639
- Net Assets: $1,397,709
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ORCHESTRAL SERVICES
Revenue
$1,732,270
CONCERT ADMISSIONS
Revenue
$201,969
Organization Details
Founding Year
1988
Principal Officer
Terell Johnson
Website
www.chicagophilharmonic.orgNTEE Category
Code: A690 - Arts
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