2024-03-29T17:17:47-05:00 2023-06-30 450250958 EIDE BAILLY LLP 2950 E HARMONY RD STE 290 FORT COLLINS CO 805283429 990 2022-07-01 840511458 COLORADO SYMPHONY ASSOCIATION COLO 3036237876 1000 14TH STREET 15 DENVER CO 802022333 COREEN MILLER CHIEF FINANCIAL OFFICER 3036237876 2024-03-29 1 COREEN MILLER XXX-XX-XXXX 1 KYLE FRITCH CPA P01313374 9702238825 2024-03-28 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z COREEN MILLER 1000 14TH STREET 15 DENVER CO 802022333 19684974 0 X WWW.COLORADOSYMPHONY.ORG X 1989 CO PERFORMANCE OF SYMPHONIC CONCERTS. 47 36 501 240 0 0 11792999 9035030 5795816 10233144 22427 244404 1104626 -86781 18715868 19425797 0 0 0 0 11754593 11677838 0 0 561136 5606403 6226738 17360996 17904576 1354872 1521221 12961781 14557882 3103122 3249549 9858659 11308333 X THE COLORADO SYMPHONY ASSOCIATION (CSA) IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED TO FUND AND OPERATE THE COLORADO SYMPHONY ORCHESTRA FOR THE ENJOYMENT AND BENEFIT OF THE CITIZENS OF METROPOLITAN DENVER AND (CONT'D ON SCHEDULE O)(CONT'D) THE GREATER COLORADO AND ROCKY MOUNTAIN REGIONS. THE COLORADO SYMPHONY ORCHESTRA PERFORMS MORE THAN 100 CLASSICAL, POPS AND FAMILY CONCERTS EACH YEAR; SHOWCASING MANY OF THE WORLD'S FINEST MUSICIANS, CONDUCTORS, AND ENTERTAINERS. 0 0 14842256 10233144 THE COLORADO SYMPHONY ASSOCIATION PERFORMS CONCERTS NORMALLY BENEFITING OVER 250,000 PATRONS FROM THE DENVER AND TRI-STATE AREAS AND PROVIDES A PERFORMANCE PLATFORM TO WORLD-CLASS MUSICIANS. 14842256 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 330 0 1 501 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 47 36 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CO X COREEN MILLER 3033082468 1000 14TH STREET 15 DENVER CO 802022333 JEROME H KERN - EMERITUS TRUSTEE/ FORMER CEO (THRU SEP. '21) 1.00 0.00 X 375000 0 0 PETER OUNDJIAN- PRIN CONDUCTOR EX-OFFICIO TRUSTEE 40.00 0.00 X 296800 0 0 ANTHONY PIERCE CHIEF ARTISTIC OFFICER 50.00 0.00 X 200515 0 20283 COREEN MILLER- INTERIM CEO (THRU MAY '23)/ CFO/ COO 50.00 0.00 X 202990 0 8460 YUMI HWANG-WILLIAMS CONCERT MASTER 40.00 0.00 X 141717 0 23854 JUSTIN BARTELS MUSICIAN 40.00 0.00 X 105864 0 28904 WILLIAM HILL MUSICIAN 40.00 0.00 X 112811 0 12075 CLAUDE SIM MUSICIAN 40.00 0.00 X 105460 0 18172 PETER COOPER MUSICIAN 40.00 0.00 X 110876 0 2024 MARY COWELL MUSICIAN TRUSTEE 40.00 0.00 X 62911 0 22733 PATRICK HODGE MUSICIAN TRUSTEE 40.00 0.00 X 72815 0 11198 NICK TISHERMAN MUSICIAN TRUSTEE 40.00 0.00 X 70214 0 10472 JOHN HILTON MUSICIAN TRUSTEE 40.00 0.00 X 66069 0 10117 KAREN KINZIE MUSICIAN TRUSTEE 40.00 0.00 X 74915 0 696 SEOYOEN MIN MUSICIAN TRUSTEE 40.00 0.00 X 64925 0 10345 SUSAN BOWLES SECRETARY/EX-OFFICIO TRUSTEE 40.00 0.00 X X 61813 0 11981 OWEN LEVINE MUSICIAN TRUSTEE 40.00 0.00 X 60726 0 9875 SUSAN PAIK MUSICIAN TRUSTEE 40.00 0.00 X 58009 0 10179 MATTHEW ECKENHOFF MUSICIAN TRUSTEE 40.00 0.00 X 65834 0 611 JULIE RUBSAM CO-CHAIRMAN 10.00 0.00 X X 0 0 0 RICHARD KRUGMAN- TRUSTEE CO-CHAIRMAN 10.00 0.00 X X 0 0 0 JIM BUTLER TREASURER 10.00 0.00 X X 0 0 0 SETH WEISBERG TRUSTEE 1.00 0.00 X 0 0 0 BEN STRAWN TRUSTEE 1.00 0.00 X 0 0 0 BILL JOHNSON TRUSTEE 1.00 0.00 X 0 0 0 LYNN MCDONALD TRUSTEE 1.00 0.00 X 0 0 0 LORENZO TRUJILLO TRUSTEE 1.00 0.00 X 0 0 0 MIKE RICHARDSON TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY ACETTA TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL FERRUFINO TRUSTEE 1.00 0.00 X 0 0 0 BILL MYERS TRUSTEE 1.00 0.00 X 0 0 0 SCOTT DONIGER TRUSTEE 1.00 0.00 X 0 0 0 MARTA O'GRADY TRUSTEE 1.00 0.00 X 0 0 0 MAILK ROBINSON TRUSTEE 1.00 0.00 X 0 0 0 LT SANDVIK TRUSTEE 1.00 0.00 X 0 0 0 DR PAULA P BERNSTEIN TRUSTEE 1.00 0.00 X 0 0 0 RICH KYLBERG TRUSTEE 1.00 0.00 X 0 0 0 AMY HARMON TRUSTEE 1.00 0.00 X 0 0 0 ADAM DONNER TRUSTEE 1.00 0.00 X 0 0 0 JOHN STREET TRUSTEE 1.00 0.00 X 0 0 0 STEVE MILLER TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL MCPHEE TRUSTEE 1.00 0.00 X 0 0 0 MARGARET ANDERSON TRUSTEE 1.00 0.00 X 0 0 0 MIKE ZOELLNER TRUSTEE 1.00 0.00 X 0 0 0 DIANE S HILL PHD TRUSTEE 1.00 0.00 X 0 0 0 VESNA JEVTOVIC-TODOROVIC TRUSTEE 1.00 0.00 X 0 0 0 YOUNG CHO TRUSTEE 1.00 0.00 X 0 0 0 DEANA PERLMUTTER TRUSTEE 1.00 0.00 X 0 0 0 ANDRA ZEPPELIN TRUSTEE 1.00 0.00 X 0 0 0 LEE YEINGST EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 MARY ROSSICK KERN EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 SUE PAWLIK EX-OFFICIO 1.00 0.00 X 0 0 0 GINGER WHITE EX-OFFICIO 1.00 0.00 X 0 0 0 SUSAN OAKES EX-OFFICIO 1.00 0.00 X 0 0 0 LIZ HARTSEL EX-OFFICIO 1.00 0.00 X 0 0 0 ROBERT FRIEDLANDER TRUSTEE 1.00 0.00 X 0 0 0 MARK CANTRELL PRESIDENT/CEO (AS OF MAY '23) 50.00 0.00 X X 0 0 0 2310264 0 211979 9 1 1 0 OPUS 3 ARTISTS 470 PARK AVENUE SOUTH NEW YORK NY 10016 GUEST ARTISTS AND CONDUCTORS 471107 1 494914 3722305 1875094 2942717 101768 9035030 CONCERT PERFORMANCES 711130 10148341 10148341 84803 84803 10233144 244404 244404 172396 494914 259177 -86781 -86781 19425797 10233144 0 157623 1502796 1100394 307626 94776 7764296 6933101 587380 243815 305664 289020 14187 2457 1203259 1100711 62230 40318 901823 785190 84806 31827 77377 77377 71250 71250 868 868 1104867 719791 292546 92530 610967 610817 150 49702 24866 18203 6633 221846 59585 161419 842 304488 266750 37738 382054 380796 1000 258 39987 14222 21161 4604 30639 30639 72287 15785 56502 GUEST CONDUCTOR AND ART 2711642 2711642 0 0 DUES AND SUBSCRIPTIONS 140819 118512 20508 1799 PRINTING AND PUBLICATIO 98056 25336 39919 32801 309889 296555 5008 8326 17904576 14842256 2501184 561136 4223135 1779392 106827 171154 171312 167013 353084 164089 865172 220797 644268 644375 2485805 7017322 4977350 4614537 12961781 14557882 1122717 892831 1980405 2278033 0 78685 3103122 3249549 X 5105501 6514454 4753158 4793879 9858659 11308333 12961781 14557882 X 1521221 8021 -79568 X 0 1 X 1 0 X 7142299 6924226 9047920 11792999 9035030 43942474 60000 60000 60000 0 180000 7202299 6984226 9107920 11792999 9035030 44122474 10795889 33326585 20429 22387 2786 17509 244404 307515 44429989 31026992 0.75010 0.76510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 80645055 2222484 8262812 3958492 87171859 92178924 16154 -10404181 1145842 80645055 29625915 54985393 8607709 1040093 92178924 29502744 869470 222447 968746 29625915 28297619 1181889 921144 897908 29502744 0.02650 0.97350 0.00000 1 1 1 263400 220797 42603 601772 601772 644375 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 4540449 FINANCE LEASE RIGHT OF USE ASSET 74088 4614537 FINANCING LEASE LIABILITY 78685 78685 X 19451607 8021 98225 -79568 26678 19424929 868 868 19425797 18001933 98225 98225 17903708 868 868 17904576 PART V, LINE 4: PERMANENT ENDOWMENTS CONSIST PRIMARILY OF FUNDS HELD BY OTHER TAX-EXEMPT ORGANIZATIONS ESTABLISHED TO ADMINISTER THE ENDOWMENT FUNDS OF THE SYMPHONY. THESE ORGANIZATIONS ARE GOVERNED BY SEPARATE BOARDS OF TRUSTEES. SUPPORTING DISTRIBUTIONS (IF APPLICABLE) FROM THE FUNDS ARE PROVIDED TO THE SYMPHONY FOR PROGRAM SERVICES AND OTHER OPERATIONS. PERMANENT ENDOWMENTS ALSO INCLUDE A BENEFICIAL INTEREST IN AN IRREVOCABLE PERPETUAL TRUST ADMINISTERED BY A COMMUNITY FOUNDATION. THE TRUST AGREEMENT REQUIRES DISTRIBUTION OF 50% OF THE NET INCOME OF THE TRUST TO THE SYMPHONY FOR ITS UNRESTRICTED USE; HOWEVER THE SYMPHONY WILL NEVER RECEIVE THE ASSETS OF THE TRUST. PART X, LINE 2: THE CSA BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE ASSOCIATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS -79,568. SYMPHONY BALL 667310 494914 172396 0 62139 30904 85776 24570 55788 667310 494914 172396 62139 30904 85776 24570 55788 259177 -86781 X X 0 1 X X X 1 0 0 0 0 0 0 1 0 JEROME H KERN - EMERITUS TRUSTEE/ FORMER CEO (THRU SEP. '21) 0 0 0 0 375000 0 0 0 0 0 375000 0 0 0 PETER OUNDJIAN- PRIN CONDUCTOR EX-OFFICIO TRUSTEE 296800 0 0 0 0 0 0 0 0 0 296800 0 0 0 ANTHONY PIERCE CHIEF ARTISTIC OFFICER 137621 0 62894 0 0 0 8021 0 12698 0 221234 0 0 0 COREEN MILLER- INTERIM CEO (THRU MAY '23)/ CFO/ COO 140096 0 62894 0 0 0 8120 0 776 0 211886 0 0 0 YUMI HWANG-WILLIAMS CONCERT MASTER 141717 0 0 0 0 0 3263 0 20749 0 165729 0 0 0 PART I, LINE 1A PRINCIPAL CONDUCTOR, PETER OUNDJIAN RECEIVES A HOUSING ALLOWANCE IN LIEU OF PAYING FOR A HOTEL AS HE OWNS A HOME IN DENVER, EACH TIME HE IS HERE TO CONDUCT. THE AMOUNT ($1,200 EACH WEEK HE IS CONDUCTING) IS IN HIS CONTRACT. IN ADDITION, PETER IS ALLOWED UP TO $4,000 ANNUALLY FOR TRAVEL EXPENSES FOR A COMPANION. PART I, LINE 4A FORMER CEO/CO-CHAIRMAN OF THE COLORADO SYMPHONY ASSOCIATION RECEIVED A SEVERANCE PAYMENT OF $375,000. PART I, LINE 7 DURING CALENDAR YEAR 2022, SENIOR MANAGEMENT PERSONNEL WERE AWARDED BONUSES FOR THEIR PERFORMANCE OF INTERIM PRESIDENT/CEO DUTIES IN ADDITION TO THE DUTIES OF THEIR REGULAR POSITIONS. X 12 51009 AVG. PRICE DATE RECEIVED X 5 2045 COST X VARIOUS AUCTION ITEMS 114 48714 COST 0 0 1 0 PART I, COLUMN (B): COLORADO SYMPHONY ASSOCIATION IS REPORTING THE TOTAL NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 2 JEROME KERN AND MARY ROSSICK KERN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B A REDACTED COPY OF THE FORM 990 IS SENT FOR REVIEW TO THE FINANCE COMMITTEE PRIOR TO FILING. IN ADDITION, A REDACTED COPY OF THE TAX RETURN IS SENT TO THE ENTIRE BOARD FOR REVIEW BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE COLORADO SYMPHONY ASSOCIATION (CSA) HAS A CONFLICT OF INTEREST POLICY COVERING OFFICERS, TRUSTEES, COMMITTEE MEMBERS, MUSICIAN TRUSTEES, STAFF MEMBERS, AND CERTAIN CONSULTANTS (IF APPROPRIATE). EACH RESPONSIBLE PERSON MUST ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES THAT COULD CONTRIBUTE TO A POTENTIAL CONFLICT OF INTEREST. THE DISCLOSURE FORM MUST BE SUBMITTED TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR REVIEWING POTENTIAL CONFLICTS OF INTEREST AND HANDLING WHAT IT DETERMINES TO BE ACTUAL CONFLICTS OF INTEREST IN THE MANNER DESCRIBED IN THE POLICY UNDER "REVIEWING AND MANAGING CONFLICTS OF INTEREST". IF THE EXECUTIVE COMMITTEE OR RESPONSIBLE PERSON BECOMES AWARE THAT CSA IS ABOUT TO ENTER INTO OR MAKE ANY DECISIONS INVOLVING A CONFLICT OF INTEREST TRANSACTION WITH THE RESPONSIBLE PERSON, A FAMILY MEMBER, A FRIEND, OR A RELATED ENTITY, THE RESPONSIBLE PERSON MUST: 1) IMMEDIATELY INFORM THOSE CHARGED WITH APPROVING THE TRANSACTION ON BEHALF OF CSA OF THE CONFLICT OF INTEREST 2) AID THE PERSONS CHARGED WITH MAKING THE DECISION BY DISCLOSING TO SUCH PERSON(S) ANY MATERIAL FACTS THAT BEAR ON THE ADVISABILITY OF THE TRANSACTION FROM THE STANDPOINT OF CSA AND 3) NOT PARTICIPATE IN THE DELIBERATION OR VOTE ON THE DECISION TO ENTER INTO SUCH TRANSACTION, AND NOT ATTEMPT TO EXERT HIS OR HER INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. THE EXECUTIVE COMMITTEE WILL REPORT TO THE BOARD AT ITS NEXT REGULAR MEETING THE RESULTS OF ANY REVIEW AND THE ACTION TAKEN. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO (BEGINNING MAY, 2023) WAS BASED ON HIS CONTRACT WHICH WAS DETERMINED AFTER COMPARISON OF SIMILARLY QUALIFIED PERSONS IN COMPARABLE ORGANIZATIONS AND AFTER ANALYZING THE VALUE BROUGHT TO THE CSA BY THE CEO. INDEPENDENT TRUSTEES REVIEWED PERTINENT DATA AND MADE THE COMPENSATION RECOMMENDATION TO THE BOARD WHICH APPROVED THE CEO'S CONTRACT COMPENSATION AMOUNT. COMPENSATION INCREASES OTHER THAN THE STANDARD PERCENTAGE FOR OTHER SENIOR MANAGEMENT POSITIONS ARE MADE AFTER CONSIDERING AVAILABLE INFORMATION WITH RESPECT TO COMPENSATION PAID TO SIMILARLY QUALIFIED PERSONS IN COMPARABLE ORGANIZATIONS AND AFTER ANALYZING THE VALUE BROUGHT TO THE CSA BY SENIOR MANAGEMENT STAFF PERSON(S). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST VIA MAIL, EMAIL OR IN PERSON AT ITS OFFICES. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTERESTS IN ASSETS HELD BY OTHERS -79,568. COLORADO SYMPHONY FUND 1000 14TH STREET 15 DENVER CO 80202 260138249 RAISE, HOLD & ADMINISTER FUNDS FOR OPERATING NEEDS OF SYMPHONY ASSOCIATION CO 501(C)(3) LINE 12A, I COLORADO SYMPHONY ASSOCIATION 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 COLORADO SYMPHONY FUND C 3722305 CASH