April 22, 2025
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Chicago Symphony reports small deficit

Chicago Symphony reports small deficit

From the CSOA annual report:

The CSOA’s results from operations included total revenues of $78.8 million and expenses of $80.2 million resulting in an operating deficit of $1.4 million.

Total endowment and other investments were $453.5 million at June 30, 2024.

Endowment investments increased from $359.8 million at June 30, 2023, to $406.8
million at June 30, 2024, as a result of investment gains and new gifts to the SEMPRE
ALWAYS campaign. Over the same period, other investments, including beneficial
interest in trusts, increased from $41.7 million to $46.7 million. The CSOA continued to
reduce its long-term debt, which totaled $117 million as of June 30, 2024, and has
reduced the balance by nearly 20% since June 30, 2017.

Total assets at year-end were $581.8 million. Net assets increased $77 million as of
June 30, 2024, to $420.3 million

The post Chicago Symphony reports small deficit appeared first on Slippedisc.

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