REPORT DIGEST

ILLINOIS ARTS COUNCIL FOUNDATION

FINANCIAL AUDIT AND COMPLIANCE EXAMINATION

For the Two Years Ended: June 30, 2009

Summary of Findings:

Total this audit: 0

Total last audit: 0

Repeated from last audit: 0

Release Date: March 9, 2010

State of Illinois Office of the Auditor General

WILLIAM G. HOLLAND, AUDITOR GENERAL

To obtain a copy of the Report contact: Office of the Auditor General, Attn: Records Manager, Iles Park Plaza, 740 E. Ash Street, Springfield, IL 62703

(217) 782-6046 or TTY (888) 261-2887

This Report Digest and Full Report are also available on the worldwide web at www.auditor.illinois.gov

FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS

There were no material findings of noncompliance disclosed during our testing.

AUDITORS’ OPINION

Our auditors stated that the financial statements present fairly, in all material respects, the financial position of the governmental activities and the major fund of the State of Illinois, Illinois Arts Council Foundation, as of June 30, 2009 and June 30, 2008, and the respective changes in financial position thereof for the years then ended.

WILLIAM G. HOLLAND, Auditor General

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SPECIAL ASSISTANT AUDITORS

Our special assistant auditors on this audit were Robert J. Ripp & Associates.