The Chicago Philharmonic Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 454,412 | 448,873 | 5,539 | -0.4 | 52% |
| 2013 | 1,443,179 | 1,403,525 | 39,654 | 0.3 | 71% |
| 2014 | 1,628,466 | 1,618,482 | 9,984 | 0.3 | 70% |
| 2015 | 1,558,841 | 1,548,546 | 10,295 | 0.4 | 68% |
| 2016 | 1,963,814 | 1,874,496 | 89,318 | 0.9 | 69% |
| 2017 | 1,952,447 | 1,944,517 | 7,930 | 1.0 | 67% |
| 2018 | 2,399,423 | 2,365,264 | 34,159 | 1.0 | 68% |
| 2019 | 2,989,655 | 2,680,960 | 308,695 | 2.4 | 69% |
| 2020 | 2,420,194 | 2,419,460 | 734 | 2.6 | 73% |
| 2021 | 1,001,087 | 548,174 | 452,913 | 23.6 | 61% |
| 2022 | 3,210,456 | 2,799,247 | 411,209 | 6.0 | 64% |
| 2023 | 2,352,861 | 3,035,453 | −682,592 | 3.0 | 65% |
In its most recent public year (2023), this organization spent $682,592 more than it brought in. Its reserves stood at about 3 months of spending, up from -0.4 in 2011. Staff pay was 65% of spending. $368,064 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
The Chicago Philharmonic Society's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works