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Arts, Culture, Humanities : Performing Arts

Lyric Opera of Chicago

Sponsoring, producing and encouraging opera and musical performances

four stars

91.48

20 North Wacker Drive Chicago, IL 60606
tel: (312) 332-2244   Web Site
EIN: 36-6008929

Board Leadership
David T. Ormesher
Chairman

CEO
Anthony Freud
General Director, President and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 91.48 four stars
  Financial 90.21 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 06/01/2019 and includes data from FY2017, the most recent 990 received at that time.

Lyric Opera of Chicago's mission is to express and promote the life-changing, transformational, revelatory power of great opera. Lyric exists to provide a broad, deep, and relevant cultural service to Chicago and the nation, and to advance the development of the art form. Lyric is dedicated to producing and performing consistently thrilling, entertaining, and thought-provoking opera with a balanced repertoire of core classics, lesser-known masterpieces, and new works; to creating an innovative and wide-ranging program of community engagement and educational activities; and to developing exceptional emerging operatic talent. Under the leadership of general director Anthony Freud, music director Sir Andrew Davis, and creative consultant Renée Fleming, Lyric strives to become the great North American opera company for the 21st century: a globally significant arts organization embodying the core values of excellence, relevance, and fiscal responsibility.

Lyric Opera of Chicago's mission is to express and promote the life-changing, transformational, revelatory power of great opera. Lyric exists to provide a broad, deep, and relevant cultural service to Chicago and the nation, and to advance the development of the art form. Lyric is dedicated to producing and performing consistently thrilling, entertaining, and thought-provoking opera with a balanced repertoire of core classics, lesser-known masterpieces, and new works; to creating an innovative and wide-ranging program of community engagement and educational activities; and to developing exceptional emerging operatic talent. Under the leadership of general director Anthony Freud, music director Sir Andrew Davis, and creative consultant Renée Fleming, Lyric strives to become the great North American opera company for the 21st century: a globally significant arts organization embodying the core values of excellence, relevance, and fiscal responsibility.

Impact Information

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Financial

four stars

90.21

Accountability & Transparency

four stars

93.00

This rating was published 06/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
83.6%
  Administrative Expenses 10.2%
  Fundraising Expenses 6.0%
  Fundraising Efficiency $0.12
  Working Capital Ratio (years) 2.16
  Program Expenses Growth 3.6%
  Liabilities to Assets 31.8%
All data for Financial Performance Metrics calculations was provided by Lyric Opera of Chicago on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Lyric Opera of Chicago on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Lyric Opera of Chicago (IL) 91.48 four stars
Pittsburgh Opera (PA) 90.07 four stars
The Dallas Opera (TX) 92.71 four stars
Lyric Opera of Kansas City (MO) 90.64 four stars
Michigan Opera Theatre (MI) 85.35 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $22,861,387
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $3,221,674
   Related Organizations $0
   Government Grants $118,843
Total Contributions $26,201,904
   Program Service Revenue $28,607,282
Total Primary Revenue $54,809,186
   Other Revenue $6,056,935
TOTAL REVENUE $60,866,121
   
EXPENSES  
   Program Expenses $72,406,404
   Administrative Expenses $9,192,641
   Fundraising Expenses $4,876,888
TOTAL FUNCTIONAL EXPENSES $86,475,933
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-25,609,812
   
Net Assets $208,495,511

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
Performances $68,077,606 94.0%
Lyric Unlimited $3,449,200 4.8%
Other Public Performances $879,598 1.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 06/01/2019 91.48 four stars
2017-06 12/01/2018 89.58 three stars
2016-06 02/01/2018 89.15 three stars
2015-06 12/01/2016 89.10 three stars
2014-06 06/01/2016 89.18 three stars
 
CN 2.0
2014-06 10/01/2015 89.30 three stars
2012-04 09/01/2013 87.17 three stars
2011-04 07/01/2012 83.27 three stars
2010-04 09/20/2011 86.26 three stars
 
CN 1.0
2009-04 11/24/2010 81.48 three stars
2008-04 08/01/2009 88.44 three stars
2007-04 08/01/2008 91.92 four stars
2006-04 04/01/2008 90.20 four stars
2005-04 05/01/2006 91.63 four stars
2004-04 03/01/2005 85.81 three stars
2003-04 01/01/2004 90.19 four stars
2002-04 02/05/2003 84.79 three stars
2001-04 10/15/2002 82.26 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 36-6008929
Name in IRS Master File LYRIC OPERA OF CHICAGO
NTEE Code A6A
NTEE Classification Opera
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (119) Other cultural or historical activities
(59) Other school related activities
(927) Fundraising
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 July, 1957
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$711,543 0.82% Anthony Freud General Director, President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Lyric Opera of Chicago (IL) 91.48 four stars
Sarasota Opera (FL) 86.30 three stars
Opera San José (CA) 92.72 four stars
Choral Arts (DC) 85.69 three stars
VocalEssence (MN) 89.76 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Lyric Opera of Chicago
20 North Wacker Drive
Chicago, IL 60606
tel: (312) 332-2244
fax: (312) 419-8345
EIN: 36-6008929

Visit Web Site

Board Leadership

David T. Ormesher
Chairman

CEO

Anthony Freud
General Director, President and CEO

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