2024-04-10T09:21:41-05:00 2023-06-30 420714325 RSM US LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2022-07-01 560556755 NORTH CAROLINA SYMPHONY SOCIETY INC NORT 9197332750 3700 GLENWOOD AVE 130 RALEIGH NC 27612 SANDI MA MACDONALD PRESIDENT & CEO 9197332750 2024-04-08 1 SANDI MA MACDONALD 999009999 0 JULIA FLANNERY P00928918 4102469300 2024-04-08 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z SANDI MA MACDONALD 3700 GLENWOOD AVE 130 RALEIGH NC 27612 38750456 0 X NCSYMPHONY.ORG X 1932 NC THE NORTH CAROLINA SYMPHONY IS NORTH CAROLINA'S STATE ORCHESTRA, AN ORCHESTRA ACHIEVING THE HIGHEST LEVEL OF ARTISTIC QUALITY AND PERFORMANCE STANDARDS, AND EMBRACING ITS DUAL LEGACIES OF STATEWIDE SERVICE AND MUSIC EDUCATION. 54 54 278 152 0 0 17933198 10719090 2952792 3951594 1355099 234798 5804 4046 22246893 14909528 0 41696 0 0 9695372 10815317 0 69633 1205803 4308959 5753552 14004331 16680198 8242562 -1770670 32524457 32439054 3529009 3598608 28995448 28840446 TO BE NORTH CAROLINA'S STATE ORCHESTRA, AN ORCHESTRA ACHIEVING THE HIGHEST LEVEL OF ARTISTIC QUALITY AND PERFORMANCE STANDARDS, AND EMBRACING ITS DUAL LEGACIES OF STATEWIDE SERVICE AND MUSIC EDUCATION. 0 0 13227334 41696 3951594 ANNUALLY, IT PERFORMS OVER 300 CONCERTS, EDUCATION PROGRAMS, AND COMMUNITY ENGAGEMENT OFFERINGS THAT REACH ALL 100 N.C. COUNTIES AND SERVE MORE THAN 150,000 STUDENTS. 13227334 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 109 0 1 278 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 54 54 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NC X ROBERT SCHILLER SENIOR VICE PRESIDENT & CFO 9197332750 3700 GLENWOOD AVE 130 RALEIGH NC 27612 JOSEPH C BASTIAN CHAIR 5.00 1.00 X X 0 0 0 DR WM CHARLES HELTON VICE CHAIR 3.00 X X 0 0 0 TERRY L STEVENS TREASURER 3.00 X X 0 0 0 DAVID L HAINES ASSISTANT TREASURER 3.00 X X 0 0 0 ASHLEY MATLOCK PERKINSON SECRETARY 3.00 X X 0 0 0 DON DAVIS PAST CHAIR 3.00 X X 0 0 0 DEBORAH M AIKEN MEMBER 1.00 X 0 0 0 DR TIMOTHY ALTMAN MEMBER 1.00 X 0 0 0 CHIP ANDERSON MEMBER 1.00 3.00 X 0 0 0 DR TRUDE R BATE MEMBER 1.00 X 0 0 0 DENISE BENNETT MEMBER 1.00 X 0 0 0 JUD BOWMAN MEMBER 1.00 X 0 0 0 PATTY BRIGUGLIO MEMBER 1.00 X 0 0 0 STEPHEN W BURRISS MEMBER 1.00 X 0 0 0 THE HONORABLE ROY COOPER MEMBER 1.00 X 0 0 0 JEFFREY CORBETT MEMBER 1.00 X 0 0 0 COURTNEY CROWDER MEMBER 1.00 X 0 0 0 JIM DATIN MEMBER 1.00 X 0 0 0 RICHARD L DAUGHERTY MEMBER 1.00 1.00 X 0 0 0 KEITH DONAHUE MEMBER 1.00 X 0 0 0 ROBERT N EBY MEMBER 1.00 X 0 0 0 RICK GARDNER MEMBER 1.00 X 0 0 0 MICHAEL GERING MEMBER 1.00 X 0 0 0 MICHAEL GOLDEN MEMBER (UNTIL 5/23) 1.00 X 0 0 0 DONALD A HAILE MEMBER 1.00 X 0 0 0 ELAINE BRYANT HAYES MEMBER 1.00 X 0 0 0 RICHARD EDWARD HINSON MEMBER 1.00 X 0 0 0 KEVIN HOWELL MEMBER 1.00 X 0 0 0 L DWAIN JOYCE MEMBER 1.00 X 0 0 0 CECELIA ECKERT KENNEDY MEMBER 1.00 X 0 0 0 ROSEMARY KENYON MEMBER 1.00 X 0 0 0 ROBERT LACIN MEMBER 1.00 X 0 0 0 REV DR CHRISTIE MABRY MEMBER 1.00 X 0 0 0 ROBERT MACNEILL JR MEMBER 1.00 X 0 0 0 JANE MARR MEMBER 1.00 X 0 0 0 BRANFORD MARSALIS MEMBER 1.00 X 0 0 0 DR ASSAD MEYMANDI MEMBER 1.00 X 0 0 0 LOUISE A MILLER MEMBER 1.00 X 0 0 0 VIRGINIA MINICHIELLO MEMBER 1.00 X 0 0 0 JAMES MORGAN MEMBER 1.00 X 0 0 0 LORI O'KEEFE MEMBER 1.00 X 0 0 0 FLORENCE PEACOCK MEMBER 1.00 X 0 0 0 MARGARET SMEDES POYNER MEMBER 1.00 X 0 0 0 DR RAMACHANDRA P REDDY MEMBER 1.00 X 0 0 0 DONNA RHODE MEMBER 1.00 X 0 0 0 JASON SMITH MEMBER 1.00 X 0 0 0 TRACEY FODOR SMITH MEMBER 1.00 X 0 0 0 DAVID SONTAG MEMBER 1.00 X 0 0 0 LINDA J STAUNCH MEMBER 1.00 X 0 0 0 M GRAY STYERS JR MEMBER 1.00 X 0 0 0 SANDY SULLY MEMBER 1.00 X 0 0 0 THE HONORABLE CATHERINE TRUITT MEMBER 1.00 X 0 0 0 ALLISON TRAPP AS OF 223 MEMBER 1.00 X 0 0 0 DERECK WHITTENBURG MEMBER 1.00 X 0 0 0 D REID WILSON MEMBER 1.00 X 0 0 0 DARLIENE S WOOLNER MEMBER 1.00 X 0 0 0 TIM YULL MEMBER 1.00 X 0 0 0 SANDI MA MACDONALD PRESIDENT & CEO 55.00 5.00 X 357244 0 31207 ROBERT SCHILLER SR. VP FINANCE & CFO 55.00 5.00 X 177636 0 7125 REBEKAH DALEY MUSICIAN 40.00 X 104941 0 16904 DONALD TIPPETT VP, ORCHESTRA OPERATIONS 50.00 X 116145 0 15573 LINDA CHARLTON VP, MARKETING & AUDIENCE DEVELOPMENT 50.00 X 125561 0 18246 ELIZABETH RANSOM VP, PHILANTHROPY 50.00 X 141043 0 24497 BRIAN REAGIN MUSICIAN 40.00 X 125968 0 23994 1148538 0 137546 7 0 1 0 CAPACITY INTERACTIVE CONSULTING LLC 1239 BROADWAY SUITE 1103 NEW YORK NY 10001 MARKETING CONSULTING 162969 DCM INC 330 WEST 38TH STREET SUITE 207 NEW YORK NY 10018 TELEMARKETING AND TELEFUNDING 162560 CELITO COMMUNICATIONS INC 1350-109 SUNDAY DR RALEIGH NC 27607 IT SERVICES AND EQUIPMENT PURCHASES 142383 OPUS 3 ARTISTS LLC 470 PARK AVENUE SOUTH 9 FLOOR NORT NEW YORK NY 10016 GUEST ARTISTS 110750 STAN WILLIAMS 3330 RIDGECREST CT RALEIGH NC 27607 EXTERNAL AFFAIRS CONSULTING 103500 5 44042 952896 6723316 2998836 55237 10719090 CONCERT REVENUE 711190 3830283 3830283 EDUCATION 711190 78019 78019 PROGRAM PROCESSING FEES 711190 43292 43292 3951594 787488 787488 23254784 23807474 -552690 -552690 -552690 36750 44042 33454 3296 3296 MISCELLANEOUS 900099 750 750 750 14909528 3951594 0 238844 41696 41696 1425840 620305 511259 294276 7157241 6400690 460805 295746 472757 384210 84837 3710 1135290 1029258 57568 48464 624189 521355 54026 48808 1145998 597839 407743 140416 7500 7500 43445 43445 167417 71247 96170 69633 69633 22392 22392 54970 43549 11421 812630 795224 17406 98679 48753 12274 37652 7090 3681 1609 1800 220534 33684 123445 63405 356068 338360 4194 13514 22008 7130 14701 177 5931 5931 101372 30887 45816 24669 220356 11926 208430 CONCERT PRODUCTION 1022076 1021211 865 GUEST ARTISTS 1007603 1007603 BOX OFFICE 232697 232697 DUES & SUBSCRIPTIONS 55265 25422 26553 3290 149521 31854 82421 35246 16680198 13227334 2247061 1205803 9477982 468423 1550464 1621697 941012 964410 42152 35180 312250 201166 1310340 1073480 253032 236860 18365393 27414642 1582172 1496676 32524457 32439054 716352 446942 1187465 1521903 1625192 1629763 3529009 3598608 X 15072132 14264274 13923316 14576172 28995448 28840446 32524457 32439054 -1770670 1615668 0 X 0 1 X 1 0 X 21107460 10385062 11983970 17933198 10719090 72128780 443473 435854 317369 660580 922866 2780142 21550933 10820916 12301339 18593778 11641956 74908922 8450560 66458362 351639 420336 387637 283040 787488 2230140 55410 11154 1487078 5804 37500 1596946 78736008 17196518 0.84410 0.84620 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 5,328. 2019 AMOUNT: $ 11,154. 2020 AMOUNT: $ 1,625. 2021 AMOUNT: $ 5,804. 2022 AMOUNT: $ 750. FUNDRAISING EVENT - 2018 AMOUNT: $ 50,082. 2022 AMOUNT: $ 36,750. EMPLOYEE RETENTION CREDIT - 2020 AMOUNT: $ 1,485,453. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 167417 0 0 167417 0 PART II-B, LINE 1: THE NORTH CAROLINA SYMPHONY IS A MEMBER OF ARTS NORTH CAROLINA WHICH IS A 501(C)(3) TAX EXEMPT ORGANIZATION. ITS DUES WERE $3,000 FOR FY2023 AND A PORTION OF THIS WILL GO TOWARD LOBBYING. THE NORTH CAROLINA SYMPHONY RECEIVES CITY, COUNTY AND STATE GRANT FUNDING AND IN-KIND SUPPORT. IN TERMS OF NATIONAL ISSUES, THE NORTH CAROLINA SYMPHONY IS A MEMBER OF THE LEAGUE OF AMERICAN ORCHESTRAS TO WHICH IT PAYS ANNUAL DUES OF $18,500. AMONG THEIR ACTIVITIES IS GOVERNMENTAL AFFAIRS AND LOBBYING FOR ISSUES RELATED TO THE ARTS. THE LEAGUE OF AMERICAN ORCHESTRAS SPENDS ABOUT 2% ON LOBBYING EFFORTS. THE NORTH CAROLINA SYMPHONY SPENT A TOTAL OF $167,417 ON DIRECT LOBBYING EXPENSES IN FY2023. NO PUBLIC FUNDING WAS USED FOR THESE EXPENSES. 15534063 1468561 739042 19322 16244260 17755062 1000000 -2476756 721166 23077 15534063 14547838 3899910 670797 21880 17755071 14581729 653746 667006 20631 14547838 3894047 10000000 1214267 510607 15979 14581728 0.18200 0.73600 0.08200 0 1 1 87726 87726 0 896566 765991 130575 326048 219763 106285 236860 INTERCOMPANY PAYABLE 45701 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 25456 LEASE OBLIGATIONS 1558606 1629763 X 17491354 1615668 955097 33453 2604218 14887136 22392 22392 14909528 17646356 955097 955097 16691259 22392 -33453 -11061 16680198 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS IS TO PROVIDE SUPPORT TO THE SOCIETY. THE ENDOWMENT FUNDS OF BOTH THE NORTH CAROLINA SYMPHONY SOCIETY, INC. AND THE NORTH CAROLINA SYMPHONY FOUNDATION ARE MANAGED BY AN INVESTMENT COMMITTEE, COMPRISED OF MEMBERS OF BOTH ORGANIZATIONS' BOARDS. PART X, LINE 2: MANAGEMENT HAS EVALUATED THE SYMPHONY'S TAX POSITIONS AND CONCLUDED THAT THE SYMPHONY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FASB ASC. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN PART VIII 33,453. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN PART VIII -33,453. X X X X X X X 1 DCM INC 244 5TH AVE STE M223 NEW YORK NY 10001 SOLICITATION/TELEFUNDING 0 54985 69633 -14648 54985 69633 -14648 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY LUNCHEON 80792 44042 36750 1500 17858 14096 80792 44042 36750 1500 17858 14096 33454 3296 SCHEDULE G, PART II: THE FRIENDS OF NOTE LUNCHEON FUNDRAISING EVENT NETTED $47,338, INCLUDING BOTH GROSS TICKET SALES AND CONTRIBUTIONS RECEIVED. 0 ALAMANCE BURLINGTON SCHOOLS 1712 VAUGHN ROAD BURLINGTON NC 27217 GOV'T 5127 0 PROGRAM SUPPORT CHAPEL HILL CARRBORO CITY SCHOOLS 750 S MERRITT MILL RD CHAPEL HILL NC 27516 566001004 GOV'T 5637 0 PROGRAM SUPPORT 2 0 X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 SANDI MA MACDONALD PRESIDENT & CEO 278415 0 78750 0 79 0 5645 0 25562 0 388451 0 0 0 ROBERT SCHILLER SR. VP FINANCE & CFO 177584 0 0 0 52 0 3609 0 3516 0 184761 0 0 0 ELIZABETH RANSOM VP, PHILANTHROPY 141015 0 0 0 28 0 5515 0 18982 0 165540 0 0 0 PART I, LINE 1A THE NORTH CAROLINA SYMPHONY HAS PARTNERED WITH THE YMCA OF THE TRIANGLE TO OFFER OPTIONAL DISCOUNTED GYM MEMBERSHIPS FOR ALL FULL-TIME EMPLOYEES. THE COST TO THE NORTH CAROLINA SYMPHONY IS $10 PER MONTH PER MEMBER EMPLOYEE. X 3 55237 FAIR MARKET VALUE 0 0 0 FORM 990, PART I, LINE 8: CONTRIBUTION REVENUE IN THE PRIOR YEAR INCLUDED SUBSTANTIAL ONE-TIME FEDERAL GRANT FUNDING FOR COVID-19 ECONOMIC RELIEF. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNOR OF THE STATE OF NC APPOINTS FOUR TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE AND THE FULL BOARD REVIEW THE ENTIRE FORM 990. SCHEDULE B IS REDACTED SINCE SOME DONORS REQUEST TO REMAIN ANONYMOUS. FORM 990, PART VI, SECTION B, LINE 12C THE NORTH CAROLINA SYMPHONY REQUIRES ALL TRUSTEES AND EMPLOYEES TO CONFIRM COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY UPON JOINING AND REGULARLY AFTERWARDS. FORM 990, PART VI, SECTION B, LINE 15 INDUSTRY SALARY SURVEYS ARE USED TO DETERMINE SALARIES, AND COMPENSATION WAS ESTABLISHED BY AN INDEPENDENT CONSULTANT. CEO AND MUSIC DIRECTOR SALARIES ARE REVIEWED AND APPROVED BY A COMMITTEE OF THE BOARD. THE COMPENSATION ARRANGEMENT IS DOCUMENTED WHEN DECIDED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). NORTH CAROLINA SYMPHONY FOUNDATION 3700 GLENWOOD AVENUE STE 130 RALEIGH NC 27612 581495066 HOLD SOCIETY'S ENDOWMENT, SOLICIT ADDITIONS,& PROTECT ASSETS NC 501(C)(3) LINE 12A, I NC SYMPHONY SOCIETY 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 NORTH CAROLINA SYMPHONY FOUNDATION C 952896 CASH