Ravinia Festival Association

“Trustees christopher j. Klein and e. Scott santi have a business relationship. Trustees christopher paquette and julie parsons have a business relationship. Trustees bobbie b. Denison and jeanne m. Denison have a family relationship.”

“After the chief financial officer and outside counsel review the 990 for accuracy, all trustees of the ravinia festival have electronic access of the 990 for review before it is filed. A meeting also took place among the independent accountant, management and the audit and risk committee to review and discuss the 990 prior to filing.”

“The conflict of interest policy is e-mailed out to all trustees at the beginning of each calendar year. It is requested that a form be returned stating either "no exceptions or disclosure of any potential conflicts. Any disclosure of potential or actual conflicts of interest are forwarded to the chief financial officer and subsequently the chair of the audit committee for review. In no case has immediate corrective action been necessary.”

“Ravinia has a board compensation/human resources committee that annually reviews staff salary levels and approves the chairman's recommendation for president and ceo compensation. The compensation/human resources committee is independent of the parties whose compensation is being determined. The compensation/human resources committee has reviewed 990 compensation data for other cultural institutions and compensation survey data from a leading consulting firm in the area. All determinations are documented without any interested parties present. Periodically the compensation levels for key employees and all other staff positions are analyzed against various benchmarks. The compensation is determined independent of the parties whose compensation is being determined and documented.”

“Governing documents, conflict of interest policy, and audited financial statements are made available to the public upon request. The audited financial statements are electronically available to all trustees.”

“Contributions to support operations $16,245,418 endowment contributions 4,318,000 setting the stages campaign* 23,961,250 total all other contributions (line 1f) $44,524,668 *contributions to support the renovations of the pavilion and other musical stages over the next few years”

“Artist/faculty: program service expenses 13,108,027. Management and general expenses 2,100. Fundraising expenses 4,700. Total expenses 13,114,827. Police/bag search/canine service: program service expenses 1,167,807. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,167,807. Outside labor: program service expenses 100,689. Management and general expenses 59,468. Fundraising expenses 2,179. Total expenses 162,336. Gen'l consult/prof.: program service expenses 918,298. Management and general expenses 293,074. Fundraising expenses 79,908. Total expenses 1,291,280. All other: program service expenses 66,423. Management and general expenses 0. Fundraising expenses 6,901. Total expenses 73,324.”