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Arts, Culture, Humanities : Performing Arts

Grant Park Music Festival

Enriching Lives Through the Power of Music

three stars

86.31

205 East Randolph Street Chicago, IL 60601
tel: (312) 742-7638   Web Site
EIN: 32-0005884

Board Leadership
Stephen Smith
Chair

CEO
Paul Winberg
President, CEO

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 86.31 three stars
  Financial 96.32 four stars
  Accountability & Transparency 81.00 three stars
This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?

For more than 80 years, the Grant Park Music Festival has been Chicago's summer musical sensation, demonstrating that classical music, performed by a world-class orchestra and chorus, can have a transformative impact on the city. Led by Artistic Director and Principal Conductor Carlos Kalmar and Chorus Director Christopher Bell, each summer the Festival offers a 10-week season of concerts, artistic development initiatives, radio broadcasts and community engagement and outreach programs. Today, it operates as a unique collaboration among the Grant Park Orchestral Association, the Chicago Park District and the Department of Cultural Affairs and Special Events.

For more than 80 years, the Grant Park Music Festival has been Chicago's summer musical sensation, demonstrating that classical music, performed by a world-class orchestra and chorus, can have a transformative impact on the city. Led by Artistic Director and Principal Conductor Carlos Kalmar and Chorus Director Christopher Bell, each summer the Festival offers a 10-week season of concerts, artistic development initiatives, radio broadcasts and community engagement and outreach programs. Today, it operates as a unique collaboration among the Grant Park Orchestral Association, the Chicago Park District and the Department of Cultural Affairs and Special Events.

Impact Information

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Financial

four stars

96.32

Accountability & Transparency

three stars

81.00

This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 80.9%
  Administrative Expenses 9.6%
  Fundraising Expenses 9.3%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 0.76
  Program Expenses Growth 43.5%
  Liabilities to Assets 1.7%
All data for Financial Performance Metrics calculations was provided by Grant Park Music Festival on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Grant Park Music Festival on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Grant Park Music Festival (IL) 86.31 three stars
Bravo! Vail (CO) 85.62 three stars
Spoleto Festival USA (SC) 86.13 three stars
Sundance Institute (CA) 90.24 four stars
Austin Film Society (TX) 95.21 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,672,126
   Federated Campaigns $0
   Membership Dues $1,107,820
   Fundraising Events $600,740
   Related Organizations $0
   Government Grants $2,957,100
Total Contributions $7,337,786
   Program Service Revenue $80,044
Total Primary Revenue $7,417,830
   Other Revenue $5,496
TOTAL REVENUE $7,423,326
   
EXPENSES  
   Program Expenses $4,560,175
   Administrative Expenses $589,680
   Fundraising Expenses $567,363
TOTAL FUNCTIONAL EXPENSES $5,717,218
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,706,108
   
Net Assets $4,997,464

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Music Festival $4,401,351 96.5%
Community Engagement Initiative $158,824 3.5%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 03/01/2020 86.31 three stars
2017-12 11/01/2019 85.68 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 32-0005884
Name in IRS Master File GRANT PARK ORCHESTRAL ASSOCIATION
NTEE Code A68
NTEE Classification Music
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 2002
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$192,588 3.36% Paul Winberg President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Grant Park Music Festival (IL) 86.31 three stars
Hudson Valley Shakespeare Festival Inc. (NY) 87.64 three stars
Strings Music Festival (CO) 90.64 four stars
Cleveland International Film Festival (OH) 92.29 four stars
Grand Teton Music Festival (WY) 97.87 four stars

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Charity Contact Info

Grant Park Music Festival
205 East Randolph Street
Chicago, IL 60601
tel: (312) 742-7638
fax: (312) 742-7662
EIN: 32-0005884

Visit Web Site

Board Leadership

Stephen Smith
Chair

CEO

Paul Winberg
President, CEO

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