Grant Park Orchestral Association

Organization Overview

Grant Park Orchestral Association is located in Chicago, IL. The organization was established in 2002. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Grant Park Orchestral Association employed 271 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grant Park Orchestral Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Grant Park Orchestral Association generated $7.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $5.1m during the year ending 12/2021. While expenses have increased by 11.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

(SEE SCH O)

Describe the Organization's Program Activity:

Part 3 - Line 4a

(SEE SCHEDULE O)


(SEE SCHEDULE O)


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Seldy Cramer Artists Inc
Artist Performance Fees
$142,500
Kobotech Inc
Concert Production Services
$397,404
Campbell & Company
Endowment Campaign Feasibility Study
$112,975
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$910,348
Fundraising events$899,943
Related organizations$0
Government grants $3,498,726
All other contributions, gifts, grants, and similar amounts not included above$2,067,025
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,376,042
Total Program Service Revenue$90,828
Investment income $167,669
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$92,360
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,547,765

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Grant Park Orchestral Association has recieved totaling $2,500.

Awarding OrganizationAmount
Anschel Eilian Family Charitable Foundation

Chicago, IL

PURPOSE: FOR THE SUPPORT OF THE GRANT PARK MUSIC FESTIVAL

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,214,785
Earnings$1,346,481
Net Contributions$1,477,000
Ending Balance$10,038,266

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