2024-05-15T07:47:35-05:00 2023-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2022-07-01 910730435 Spokane Symphony Society SPOK 5093263136 818 W Riverside Mezzanine Spokane WA 99201 Jeff Vom Saal Executive Director 5093263136 2024-05-14 1 Jeff Vom Saal 999009999 1 Deb Nelson CPA P01264758 6122536500 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Jeff Vom Saal 818 W Riverside Mezzanine Spokane WA 99201 7207333 0 X www.spokanesymphony.org X 1945 WA To enrich and transform lives through music. 18 18 269 100 0 0 5310165 3580388 1878694 4061744 0 238 -250124 -435037 6938735 7207333 0 0 0 0 2586391 3793805 0 0 279617 1295400 2657480 3881791 6451285 3056944 756048 28948844 25843715 5682018 6668365 23266826 19175350 The Spokane Symphony is dedicated to providing high quality, professional orchestral performances and education to the Inland Northwest for the purpose of enriching and transforming lives through music and owns and operates the historic Fox Theater. 0 0 5189814 3626707 The Spokane Symphony Society presents 60 concerts and over 500 education events annually plus operates a historic theater which, brings touring groups and provides space for concerts, educational and community events by other area organizations. Total reach of the Symphony and the Fox is approximately 150,000 people annually. 5189814 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 19 0 1 269 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 0 0 X Weiling Zhu 5094647055 818 W Riverside Mezzanine Spokane WA 99201 Dr Francisco Velzquez President 1.00 X X 0 0 0 Michael Ebinger Vice President 1.00 X X 0 0 0 Arsen Kitch Vice President 1.00 X X 0 0 0 Sara Maleki Vice President 1.00 X X 0 0 0 Jacob Reidt Secretary 1.00 X X 0 0 0 Dr Vange Hochheimer Treasurer 1.00 X X 0 0 0 Russ Lee Past President 1.00 X X 0 0 0 Mary Ruth Carleton Trustee 0.50 X 0 0 0 Bruce Colquhoun Trustee 0.50 X 0 0 0 Amy Chase Trustee 0.50 X 0 0 0 Janet Lambarth Trustee 0.50 X 0 0 0 Carol Nelson Trustee 0.50 X 0 0 0 Derrick Parker Trustee 0.50 X 0 0 0 Michael Sharapata Trustee 0.50 X 0 0 0 Keith Slater Trustee 0.50 X 0 0 0 Dr Debbie Maurus Trustee 0.50 X 0 0 0 Sybil MacDonald Trustee 0.50 X 0 0 0 Carolyn Kadyk Trustee 0.50 X 0 0 0 Jeff Vom Saal Executive Director 40.00 X 146080 0 11192 Weiling Zhu Chief Financial Officer 40.00 X 126299 0 9716 James Lowe Music Director 40.00 X 128997 0 0 Daniel Cotter Operations Manager 40.00 X 108476 0 28171 509852 0 49079 4 0 1 0 0 545750 3034638 3580388 Performance Revenue 711130 3534405 3534405 Historic Preservation Fees 711130 232503 232503 Event Income 711130 194583 194583 100253 100253 4061744 238 238 Employee Retention Credit 900099 166306 166306 Loss from Subsidiaries 900099 -601343 -601343 -435037 7207333 3626707 0 238 X 297175 162431 80482 54262 2825601 2528734 296867 94726 59135 35591 165423 102498 62925 410880 336179 70477 4224 38637 38637 1127064 992471 134593 346326 346326 84824 19917 45518 19389 87335 24805 62530 133653 5076 128577 98083 96592 1257 234 34061 30994 3067 61890 61890 80600 5410 75190 Concert and Show Produc 179939 179939 Repairs & Maintenance 110209 110209 Food, Beverage, and Pro 108667 108667 Theater Production 91829 91829 74363 13407 56571 4385 6451285 5189814 981854 279617 3470562 5670591 2457 2452 27519 423606 0 67261 57393 78821 981627 523333 520184 458294 15653861 10098906 9216868 9043784 28948844 25843715 602522 1166929 1074362 1509219 4005134 3992217 5682018 6668365 X 23233800 18658396 33026 516954 23266826 19175350 28948844 25843715 X 756048 -4847524 X 0 1 X 1 0 X 2823754 2446681 1879145 5416253 3580388 16146221 2591480 2860544 66259 2404937 4061744 11984964 31125 31125 5415234 5338350 1945404 7821190 7642132 28162310 170535 92768 78840 77438 82832 502413 0 170535 92768 78840 77438 82832 502413 27659897 238 238 238 238 58958 123687 47112 -250124 -435037 -455404 5474192 5462037 1992516 7571066 7207333 27707144 0.99830 0.96780 0.00000 X Schedule A, Part III, Line 12, Explanation of Other Income: Miscellaneous income - 2018 Amount: $ 58,958. 2019 Amount: $ 123,687. 2020 Amount: $ 47,112. Employee Retention Credit - 2021 Amount: $ 347,514. 2022 Amount: $ 166,306. Subsidiary Income Loss - 2021 Amount: $ -597,638. 2022 Amount: $ -601,343. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9318 9318 0 448035 300789 147246 524274 213226 311048 458294 Investments in subsidiaries 10098906 C 10098906 Due from related party 8877478 Employee Retention Credit (ERC) Receivable 166306 9043784 Due to related party 3992217 3992217 X Part X, Line 2: Management believes that the entity has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax postions that are material to the consolidated financial statements. The Symphony 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. X 0 0 0 0 0 0 0 0 0 Jeff Vom Saal Executive Director 146080 0 0 0 0 0 5869 0 5337 0 157286 0 0 0 Form 990, Part VI, Section A, line 1a The Organization has an Executive Committee consisting of the President, President-Elect, one Vice President, the Secretary and as many additional trustees up to ten as appointed by the President. The Executive Committee shall have and exercise in the intervals between the meetings of the Board of Trustees all the powers of the board in the management of the business and affairs of the Organization. Form 990, Part VI, Section A, line 6 Annual Members are those persons, firms, and corporations who make a payment to the Spokane Symphony Society for purchase of a season ticket and make a contribution to the Spokane Symphony Society for current expenditures during the fiscal year. Form 990, Part VI, Section A, line 7a The members elect the Trustees at an annual meeting. Form 990, Part VI, Section A, line 7b The bylaws may be amended by three-fourths of the members at an annual meeting. Form 990, Part VI, Section B, line 11b A draft of the Form 990 is provided to the Board of Trustees for review prior to filing. Form 990, Part VI, Section B, line 12c The purpose of the conflict of interest policy is to protect The Spokane Symphony's interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or trustee of The Spokane Symphony or might result in a possible excess benefit transaction. The procedures for addressing the conflict of interest are as follows: An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether The Spokane Symphony can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or ommittee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in The Spokane Symphony's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. Form 990, Part VI, Section B, line 15a The compensation of the Executive Director is reviewed and approved by the Board of Directors. Should there be a need to adjust compensation of the Organization's Executive Director, or top management official, a review meeting will be conducted by the Board, or a committee directed by the Board. Comparability data is provided by the League of American Orchestras. The Executive Director reviews compensation for other officers. The deliberation and final decision is documented in Board minutes and/or personnel files. Form 990, Part VI, Section C, line 19 The organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part IX, line 11g Bank Fees: Program service expenses 210,961. Management and general expenses 0. Fundraising expenses 0. Total expenses 210,961. Contract Fees: Program service expenses 741,376. Management and general expenses 0. Fundraising expenses 0. Total expenses 741,376. Music Fees: Program service expenses 40,134. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,134. Professional Services: Program service expenses 0. Management and general expenses 0. Fundraising expenses 134,593. Total expenses 134,593. Form 990, Part XI, line 9: Adjustment to investments in subsidiaries -4,953,612. Adjustment for contributions received in prior year 106,088. New Fox Theater LLC 818 W Riverside Mezzanine Spokane WA 99201 205440157 Performing Arts, owner of Fox Theater WA Spokane Symphony Society Related -574407 10346945 0 0 1.00000 New Fox Theater Manager LLC 818 W Riverside Ave Mezzanine Spokane WA 99201 205439989 Manage Fox Theater Operations WA Spokane Symphony Society C -93656 9745841 1.00000 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 New Fox Theater Manager D 8877478 Book Value New Fox Theater Manager E 3992217 Book Value