SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2012
Open to Public
Inspection
Name of the organization
Chicago Symphony Orchestra
 
Employer identification number

36-2167823
Identifier Return Reference Explanation
  Form 990, Part VI, Section A, line 2 Family Relationship: Matthew and Carolyn (Kay) Bucksbaum Business Relationship 1: Anthony K. Anderson, John W. Rogers, Jr., William A. Von Hoene, Jr. Business Relationship 2: James S. Crown, William A. Osborn Business Relationship 3: Frank M. Clark, Ellen M. Costello Business Relationship 4: Susan Crown (relative of James S. Crown), David B. Speer, Pamela B. Strobel (spouse of Russ M. Strobel) Business Relationship 5: Debora de Hoyos, John R. Schmidt Business Relationship 6: John W. Rogers, Jr., Roger W. Stone Business Relationship 7: Michelle L. Collins, Frederick A. Krehbiel, Donald G. Lubin Business Relationship 8: R. Eden Martin, Russ M. Strobel Business Relationship 9: Susan Crown (relative of James S. Crown), Robert W. Lane (spouse of Patty C. Lane), Jose Luis Prado, Charles A. Tibbett, Frederick H. Waddell Business Relationship 10: Walter Carlson (spouse of Debora de Hoyos) Charles W. Douglas, R. Eden Martin, Richard B. Kapnick, Newton N. Minow Business Relationship 11: William A. Osborn, Helen Zell Business Relationship 12: Susan Kiphart, James W. Mabie Business Relationship 13: Frank M. Clark, W. Robert Reum
  Form 990, Part VI, Section A, line 6 The members of the Chicago Symphony Orchestra (the "Corporation") are designated as Governing Members. Governing Members are elected from among persons who have demonstrated a significant interest in the CSO and who meet such additional criteria as the Board of Trustees may from time to time determine.
  Form 990, Part VI, Section A, line 7a Governing Members ratify the election of Governing Members and, at each Annual Meeting, the fully ratified Governing Members elect Regular and Life Trustees.
  Form 990, Part VI, Section B, line 11 CSO staff prepares Form 990, and it is reviewed by our tax advisor. Staff and the tax advisor discuss and review the entire Form 990 and Form 990-T with members of the CSO Audit Committee, who review and accept it before it is filed as set forth in the Committee Authority and Responsibility section of the Audit Committee charter. At its Spring meeting, the Board of Trustees was reminded of the Audit Committee's responsibility to review and approve the annual tax returns. The 2012 Form 990 and Form 990-T were reviewed and approved at the April 28, 2014 meeting of the Audit Committee.
  Form 990, Part VI, Section B, line 12c The CSO maintains a Conflict of Interest Policy that applies to all trustees, the Executive Committees of certain auxiliary operations operating under the CSO's bylaws, senior management and other designated staff members, and non-trustee members of Trustee committees. The Policy requires each person to whom the policy applies to complete an annual disclosure questionnaire that discloses any business or financial interest, which might reasonably be expected to give rise to a possible conflict between the interest of the CSO and the interest of such person. The Policy forbids such individuals from voting on or using their personal influence in connection with such business or financial issues. In the event the CSO does conduct business with a related party, the financial terms of those relationships are reported annually to the Audit Committee, whose members are independent per the terms of its charter. The CSO requires each non-union employee to conduct themselves in accordance with the code of Business Conduct and Ethics, approved by the Board of Trustees, and to sign an annual statement acknowledging their understanding of and compliance with the Code.
  Form 990, Part VI, Section B, line 15 The process for determining the compensation of the President included a meeting on September 7, 2012, of the Administrative Personnel Committee, which was comprised of three independent trustees and two non-trustees. The Committee reviewed the compensation arrangements and peer benchmark data based on size of budget and scope of management responsibility. Published compensation surveys for non-profit organizations were also reviewed. Recommendations were made to the Committee and accepted, and the deliberations of the Committee were documented in the minutes of the meeting. The President's compensation is also discussed in executive session at a board meeting. The process for determining the compensation of other officers or key employees included a meeting on September 7, 2012, of the Administrative Personnel Committee, which was comprised of three independent trustees and two non-trustees. The Committee reviewed the compensation arrangements and peer benchmark data based on size of budget and scope of management responsibility. Published compensation surveys for non-profit organizations were also reviewed. Recommendations were made to the Committee and accepted, and the deliberations of the Committee were documented in the minutes of the meeting.
  Form 990, Part VI, Section C, line 19 Financial statements, governing documents and conflict of interest policy are available to the public upon request.
Other Fees Form 990, Part IX, line 11g Guest Conductors, Artists and Composers: Program service expenses 6,931,714. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,931,714. Other Contracted Services: Program service expenses 1,619,905. Management and general expenses 831,868. Fundraising expenses 64,079. Total expenses 2,515,852.
Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Interest rate swap fair value adjustments 10,591,045. Changes in pension plan assets and benefit obligations 3,980,793.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2012

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