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Ravinia Festival Association

Public charity990-T FY2023
Other · HIGHLAND PARK, IL · EIN 36-6002273

About

Ravinia is an internationally renowned, not-for-profit music festival that presents outstanding performances by the world's greatest artists. Ravinia's principal objectives are: -to present performances of a full range of classical music in its open-AIR pavilion and enclosed recital halls, by the world's greatest composers and musicians, along with a variety of other kinds of classical, JAZZ, and popular music. -to maintain a beautiful park that is welcoming to ALL and attractive to families in which the music experience is enhanced by a beautiful environment and excellent dining opportunities. -to enable gifted young performers to study under great teachers and perform in concert settings. -and to develop broader and more diverse audiences for classical music through education and engagement programs and by maintaining affordable ticket prices.

Donations are tax-deductible
Category
Other
Employees
879
Volunteers
250

Financial Snapshot

FY ending 2024-09-30
Revenue
$66.2M
Expenses
$51.2M
Assets
$275.1M
Liabilities
$6.2M

Financial history

$66.2M$33.1M$0
161718192021222324
RevenueExpenses
Latest FY2024: $66.2M · Avg: $47.3M

Foreign activity (Schedule F)

Total spent abroad$47.8M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARRIBEAN
UNITED KINGDOM
RAVINIA FESTIVAL ASSOCIATION
Your actions

Address

418 Sheridan RD
Highland Park, IL, 60035-503

Governance

Voting board members79
Independent members78
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

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

Financial detail (Schedule D)

Board-designated %48.0%
Permanent endowment %29.0%
Endowment held by related orgNo
Public records
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