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Lyric Opera of Chicago

Public charityFed auditsIRS 990990-T FY2023
Other · CHICAGO, IL · EIN 36-6008929

About

We believe in the life-changing, transformational, revelatory power of great art and opera. Lyric Opera of Chicago exists to provide a broad, deep, and relevant cultural service to the Chicago region and the nation, and to advance the development of the art form of opera by: - Producing and performing consistently thrilling, world-class opera, with a balanced repertoire that encompasses core classics, lesser-known masterpieces, and new works. - Creating a diverse, innovative, wide-ranging program of community engagement and education activities that reaches the widest possible public. - Developing exceptional emerging operatic talent.

Donations are tax-deductible
Category
Other
Employees
1,048
Volunteers
800

Financial Snapshot

FY ending 2023-06-30
Revenue
$59.7M
Expenses
$85.8M
Assets
$269.8M
Liabilities
$83.9M

Financial history

$86.5M$43.2M$0
1617181920212223
RevenueExpenses
Latest FY2023: $59.7M · Peak FY2019: $81.4M · Avg: $68.7M

Foreign activity (Schedule F)

Total spent abroad$25.7M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
Central America and the Caribbean
Europe (Including Iceland and Greenland)
Europe (Including Iceland and Greenland)
Europe (Including Iceland and Greenland)
North America (Canada & Mexico only)
North America (Canada & Mexico only)
North America (Canada & Mexico only)
Russia and Neighboring States
LYRIC OPERA OF CHICAGO
Your actions

Address

20 N Wacker DR STE 860
Chicago, IL, 60606-289

Governance

Voting board members97
Independent members94
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %60.0%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$81K
Net to org$11K
Retained by contractors$70K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.