FY20 Lyric Form 990

Form 990 Department of the Treasury Internal Revenue Service Return of Organization Exempt From Income Tax Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) a Do not enter social security numbers on this form as it may be made public. a Go to www.irs.gov/Form990 for instructions and the latest information. OMB No. 1545-0047 20 19 Open to Public Inspection A For the 2019 calendar year, or tax year beginning , 2019, and ending , 20 B Check if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending C Name of organization Doing business as Number and street (or P.O. box if mail is not delivered to street address) Room/suite City or town, state or province, country, and ZIP or foreign postal code D Employer identification number E Telephone number F Name and address of principal officer: G Gross receipts $ H(a) Is this a group return for subordinates? Yes No H(b) Are all subordinates included? Yes No If “No,” attach a list. (see instructions) H(c) Group exemption number a I Tax-exempt status: 501(c)(3) 501(c) ( ) ` (insert no.) 4947(a)(1) or 527 J Website: a K Form of organization: Corporation Trust Association Other a L Year of formation: M State of legal domicile: Part I Summary Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: 2 Check this box a if the organization discontinued its operations or disposed of more than 25% of its net assets. 3 Number of voting members of the governing body (Part VI, line 1a) . . . . . . . . . 3 4 Number of independent voting members of the governing body (Part VI, line 1b) . . . . 4 5 Total number of individuals employed in calendar year 2019 (Part V, line 2a) . . . . . 5 6 Total number of volunteers (estimate if necessary) . . . . . . . . . . . . . . 6 7a Total unrelated business revenue from Part VIII, column (C), line 12 . . . . . . . . 7a b Net unrelated business taxable income from Form 990-T, line 39 . . . . . . . . . 7b Revenue Expenses Net Assets or Fund Balances Prior Year Current Year 8 Contributions and grants (Part VIII, line 1h) . . . . . . . . . . . . 9 Program service revenue (Part VIII, line 2g) . . . . . . . . . . . 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) . . . . . . 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) . . . 12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3) . . . . . 14 Benefits paid to or for members (Part IX, column (A), line 4) . . . . . . 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 16a Professional fundraising fees (Part IX, column (A), line 11e) . . . . . . b Total fundraising expenses (Part IX, column (D), line 25) a 17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e) . . . . . 18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) . 19 Revenue less expenses. Subtract line 18 from line 12 . . . . . . . . Beginning of Current Year End of Year 20 Total assets (Part X, line 16) . . . . . . . . . . . . . . . . 21 Total liabilities (Part X, line 26) . . . . . . . . . . . . . . . . 22 Net assets or fund balances. Subtract line 21 from line 20 . . . . . . Part II Signature Block Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge. Sign Here F Signature of officer Date F Type or print name and title Paid Preparer Use Only Print/Type preparer’s name Preparer's signature Date Check if self-employed PTIN Firm’s name a Firm’s address a Firm’s EIN a Phone no. May the IRS discuss this return with the preparer shown above? (see instructions) . . . . . . . . . . . . Yes No For Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 11282Y Form 990 (2019) 07/01 06/30 20 LYRIC OPERA OF CHICAGO 36-6008929 20 N WACKER DRIVE 860 (312) 332-2244 CHICAGO, IL 60606 133,733,732 ANTHONY FREUD 4 SAME AS C ABOVE 4 WWW.LYRICOPERA.ORG 4 1954 IL LYRIC OPERA OF CHICAGO EXISTS TO PROVIDE A BROAD, DEEP, AND RELEVANT CULTURAL SERVICE TO THE CHICAGO REGION AND THE NATION AND TO ADVANCE THE DEVELOPMENT OF THE ART FORM OF OPERA. 105 102 1,168 987 247,061 25,654 39,120,440 36,568,721 32,510,099 16,882,647 7,396,887 5,083,295 2,362,333 1,768,008 81,389,759 60,302,671 0 46,698,099 47,497,809 0 0 5,556,847 33,310,298 29,514,165 80,008,397 77,011,974 1,381,362 (16,709,303) 298,944,224 270,226,178 97,736,379 94,660,854 201,207,845 175,565,324 ROBERTA LANE, ASST TREASURER/CFAO NICOLE BENCIK P00756195 CROWE LLP 35-0921680 225 WEST WACKER DRIVE, SUITE 2600, CHICAGO, IL 60606-1224 (312) 899-7000 4 PUBLIC DISCLOSURE COPY Lyric Opera of Chicago 36-6008929 1 5/7/2021 9:59:54 AM 5/7/2021

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