2024-08-07T13:25:06-05:00 2023-09-30 910189318 MOSS ADAMS LLP 975 OAK STREET SUITE 500 EUGENE OR 97401 990 2022-10-01 237148171 LA JOLLA MUSIC SOCIETY LAJO 8584593724 7600 FAY AVENUE LA JOLLA CA 92037 TODD SCHULTZ PRESIDENT & CEO 8584593724 2024-08-02 1 1 SAMANTHA MASLIN P02068679 5416861040 2022 2024-08-08 14:25:15Z THE CONRAD TODD SCHULTZ 7600 FAY AVENUE LA JOLLA CA 92037 11599481 0 X WWW.THECONRAD.ORG X 1969 CA TO ENHANCE CULTURAL LIFE AND ENGAGEMENT BY PRESENTING AND PRODUCING A WIDE RANGE OF PROGRAMMING OF THE HIGHEST ARTISTIC QUALITY, AND TO MAKE THE CONRAD PREBYS PERFORMING ARTS CENTER A VIBRANT AND INCLUSIVE HUB. 36 36 75 100 0 0 8299341 5538218 2048205 1582168 200023 380478 -148132 1332208 10399437 8833072 0 0 0 0 2529420 3304188 0 0 912972 6390105 6093437 8919525 9397625 1479912 -564553 83710828 84401895 947387 1116877 82763441 83285018 TO ENHANCE CULTURAL LIFE AND ENGAGEMENT BY PRESENTING AND PRODUCING A WIDE RANGE OF PROGRAMMING OF THE HIGHEST ARTISTIC QUALITY, AND TO MAKE THE CONRAD PREBYS PERFORMING ARTS CENTER A VIBRANT AND INCLUSIVE HUB. 0 0 7549135 1582168 THE CONRAD PREBYS PERFORMING ARTS CENTER IS THE HEART OF CULTURAL, ARTS EDUCATION, AND COMMUNITY EVENT ACTIVITY IN LA JOLLA, CALIFORNIA. THE CONRAD IS THE PERMANENT HOME OF LA JOLLA MUSIC SOCIETY AND HOSTS WORLD-CLASS PERFORMANCES PRESENTED BY LJMS AND OTHER LOCAL ARTS ORGANIZATIONS. OUR PREMIER FACILITIES ARE PERFECT FOR RENTAL EVENTS INCLUDING CONCERTS, LECTURES, CONFERENCES, FUNDRAISING GALAS, WEDDINGS, AND MEETINGS. WE HAVE BECOME A DESTINATION FOR AUDIO RECORDINGS AND STREAMED VIDEO EVENTS BY OFFERING STATE-OF-THE-ART SOUND SYSTEMS, LIGHTING, PROJECTION, AND VIDEO PRODUCTION. 7549135 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 127 0 1 75 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 36 36 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X TODD SCHULTZ 8584593724 7600 FAY AVENUE LA JOLLA CA 92037 PETER WAGENER CHAIR 5.00 X X 0 0 0 VIVIAN LIM VICE-CHAIR 5.00 X X 0 0 0 BERT CORNELISON TREASURER 5.00 X X 0 0 0 SHARON COHEN SECRETARY 5.00 X X 0 0 0 BRENDA BAKER MEMBER 3.00 X 0 0 0 STEVE BAUM MEMBER 3.00 X 0 0 0 MARY ANN BEYSTER MEMBER 3.00 X 0 0 0 ELEANOR CHARLTON MEMBER 3.00 X 0 0 0 RIC CHARLTON MEMBER 3.00 X 0 0 0 MARY ELLEN CLARK MEMBER 3.00 X 0 0 0 ELLISE COIT MEMBER 3.00 X 0 0 0 ANN DYNES MEMBER 3.00 X 0 0 0 JENNIFER EVE MEMBER 3.00 X 0 0 0 DEBBY FISHBURN MEMBER 3.00 X 0 0 0 JOY FRIEMAN MEMBER 3.00 X 0 0 0 STEPHEN GAMP MEMBER 3.00 X 0 0 0 LEHN GOETZ MEMBER 3.00 X 0 0 0 JOHN HESSELINK MEMBER 3.00 X 0 0 0 SUSAN HOEHN MEMBER 3.00 X 0 0 0 SUE MAJOR MEMBER 3.00 X 0 0 0 RICHARD NORLING MEMBER 3.00 X 0 0 0 ARMAN ORUC MEMBER 3.00 X 0 0 0 PEGGY PREUSS MEMBER 3.00 X 0 0 0 THOMAS RASMUSSEN MEMBER 3.00 X 0 0 0 SYLVIA RE MEMBER 3.00 X 0 0 0 LEIGH RYAN MEMBER 3.00 X 0 0 0 SHERYL SCARANO MEMBER 3.00 X 0 0 0 MARGE SCHMALE MEMBER 3.00 X 0 0 0 MAUREEN SHIFTAN MEMBER 3.00 X 0 0 0 JEANETTE STEVENS MEMBER 3.00 X 0 0 0 STEPHANIE STONE MEMBER 3.00 X 0 0 0 DEBRA TURNER MEMBER 3.00 X 0 0 0 SUE WAGENER MEMBER 3.00 X 0 0 0 LISE WILSON MEMBER 3.00 X 0 0 0 DOLLY WOO MEMBER 3.00 X 0 0 0 BEBE ZIGMAN MEMBER 3.00 X 0 0 0 TODD SCHULTZ PRESIDENT & CEO 40.00 X 299308 0 18854 LEAH ROSENTHAL ARTISTIC DIRECTOR 40.00 X 146995 0 10753 KARIN BURNS DIRECTOR OF FINANCE 40.00 X 96923 0 9609 FERDINAND GASANG DIRECTOR OF DEVELOPMENT 40.00 X 122308 0 10840 DAWN PETRICK DIRECTOR OF MARKETING 40.00 X 107308 0 0 772842 0 50056 4 0 1 0 OPUS 3 ARTISTS 348 W 57TH ST SUITE 282 NEW YORK NY 10019 ARTIST FEE 236345 GIUSEPPE RESTAURANTS & FINE CATERING 4901 MORENA BLVD STE 804 SAN DIEGO CA 92117 CATERING 232325 THEATRICAL PAYROLL SERVICES INC 3737 CAMINO DEL RIO SOUTH STE 307 SAN DIEGO CA 92108 IATSE LABOR COSTS 183904 ALVIN AILEY DANCE FOUNADTION INC 405 W 55TH ST NEW YORK NY 10019 ARTIST FEE 140000 4 441254 340320 4756644 191273 5538218 TICKET SALES 711190 1500108 1500108 OTHER PERFORMANCE REVE 711190 82060 82060 1582168 464466 464466 487717 17398 236208 17398 251509 0 251509 251509 2233981 2317969 -83988 -83988 -83988 1245817 441254 194834 1050983 1050983 13182 0 13182 13182 OTHER INCOME 711190 16534 16534 16534 8833072 1582168 0 1712686 X 634744 304258 231341 99145 2262044 1931064 60448 270532 50217 44267 82 5868 147277 118519 9660 19098 209906 162680 20455 26771 1899 1899 79440 79440 60371 60371 2091175 1992692 97190 1293 183717 142383 17903 23431 542843 420710 52901 69232 192786 149411 18787 24588 407690 315964 39729 51997 127816 99060 12455 16301 1758014 1362482 171316 224216 114470 87257 11787 15426 MAINTENCE AND REPAIRS 291198 225682 28377 37139 DUES AND SUBSCRIPTIONS 37026 28696 3608 4722 LICENSES AND PERMITS 22517 17451 2194 2872 CATERING 7419 5750 723 946 175056 140809 14852 19395 9397625 7549135 935518 912972 4627371 1610690 389269 1983612 2748167 4162334 38053 13318 129171 269969 72436947 8039711 66101256 64397236 9080853 11341192 596688 623544 83710828 84401895 407110 349793 540277 767084 947387 1116877 X 71682689 78195439 11080752 5089579 82763441 83285018 83710828 84401895 -564553 1086130 0 X 0 1 X 1 0 X 24798526 4753056 4637754 8299341 5538218 48026895 24798526 4753056 4637754 8299341 5538218 48026895 19962251 28064644 471933 336224 269589 538106 969581 2585433 936924 1050983 1987907 25388 3401 31947 29716 90452 52690687 7149657 0.53260 0.51100 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 25,388. 2020 AMOUNT: $ 3,401. 2021 AMOUNT: $ 31,947. 2022 AMOUNT: $ 29,716. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1930809 7683604 1225755 23412 10816756 2232392 -279132 22451 1930809 1969462 284074 21144 2232392 1869005 129494 29037 1969462 1798702 90936 20633 1869005 0.80000 0.17000 0.03000 1 0 12045743 12045743 56621472 5999589 50621883 2928891 1630343 1298548 840841 409779 431062 64397236 X 10161811 1086131 253606 1339737 8822074 10998 10998 8833072 9640233 253606 253606 9386627 10998 10998 9397625 PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO SUPPORT THE GENERAL OPERATIONS OF LA JOLLA MUSIC SOCIETY ("LJMS"). PART X, LINE 2: LJMS IS A PUBLIC CHARITY AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. LJMS BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. LJMS IS NOT A PRIVATE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 253,606. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 253,606. SUMMERFEST GALA 1294649 426254 868395 35170 48562 5140 7561 WINTERFEST GALA 392422 15000 377422 31791 31369 957 34284 1687071 441254 1245817 66961 79931 6097 41845 194834 1050983 X X X 0 0 0 0 0 0 0 0 0 TODD SCHULTZ PRESIDENT & CEO 299308 0 0 0 0 0 8803 0 10051 0 318162 0 0 0 LEAH ROSENTHAL ARTISTIC DIRECTOR 146995 0 0 0 0 0 4357 0 6396 0 157748 0 0 0 X 7 137307 FMV X 2 7124 FMV X 1 1169 FMV X WINE, DESSERT, CATERING, AND RECEPTIONS 10 45673 FMV 0 0 1 0 PART I, COLUMN (B): THE CONTRIBUTIONS ARE LISTED AS THE NUMBER OF ITEMS CONTRIBUTED FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR OF FINANCE REVIEWS THE FORM 990 IN DETAIL. SHE PROVIDES THE AUDIT COMMITTEE WITH A GENERAL OVERVIEW OF THE FORM 990 AND ITS COMPONENT PARTS. SHE ALSO HOLDS A SUMMARY MEETING WITH THE PRESIDENT/CEO WHO PROVIDES FINAL APPROVAL. A COMPLETE COPY OF THE 990 IS PROVIDED TO EACH MEMBER OF THE BOARD, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES ARE ENCOURAGED TO REPORT ANY CONFLICTS OF INTEREST TO THE PRESIDENT. FAILURE TO REPORT CONFLICTS ARE GROUNDS FOR TERMINATION. THE PRESIDENT MUST REPORT TO THE BOARD ANY CONFLICTS OF INTEREST. IN REGARD TO BOARD MEMBERS, LA JOLLA MUSIC SOCIETY SENDS OUT AN ANNUAL EMAIL TO ALL BOARD MEMBERS ASKING IF ANY CONFLICTS OF INTEREST MAY EXIST. BOARD MEMBERS ARE ALSO ASKED ABOUT CONFLICTS OF INTEREST DURING THE ANNUAL MEETING OR THE FIRST MEETING OF THE NEW FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE SUPERVISES AND APPROVES COMPENSATION FOR THE ORGANIZATION'S PRESIDENT. A PERFORMANCE REVIEW EXCERPTED FROM "BOARDROOM DANCING: A PRACTICAL HANDBOOK FOR NONPROFIT BOARDS," PUBLISHED BY COMPASSPOINT NONPROFIT SERVICES WAS USED. COMPENSATION INFORMATION WAS GATHERED FROM ALL OF THE MAJOR ARTS ORGANIZATIONS IN SAN DIEGO AS WELL AS FROM THE EXECUTIVE RECRUITER THAT ASSISTED IN THE HIRING OF PREVIOUS PRESIDENTS. DATA FROM A COMPENSATION STUDY OF PRESIDENTS IN NOT-FOR-PROFIT ORGANIZATIONS WITH SIMILAR BUDGET SIZES WAS USED TO CREATE A FAIR COMPENSATION PACKAGE. THIS PROCESS LAST OCCURRED IN DECEMBER 2022. THE ONLY OTHER OFFICER THAT THE ORGANIZATION HAS IS THE ARTISTIC DIRECTOR WHOSE SALARY IS SET BY THE ORGANIZATION'S CEO. THIS PROCESS WAS LAST CONDUCTED IN JULY 2023. THE ORGANIZATION DOES NOT HAVE ANY KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 LJMS MAKES ITS AUDITED FINANCIAL STATEMENTS, FORM 990, GOVERNING DOCUMENTS AND POLICIES AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL FEES: PROGRAM SERVICE EXPENSES 7,859. MANAGEMENT AND GENERAL EXPENSES 988. FUNDRAISING EXPENSES 1,293. TOTAL EXPENSES 10,140. PRODUCTION FEES: PROGRAM SERVICE EXPENSES 205,324. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 205,324. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 384,809. MANAGEMENT AND GENERAL EXPENSES 96,202. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 481,011. ARTIST FEES: PROGRAM SERVICE EXPENSES 1,394,700. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,394,700. 7600 FAY AVENUE LLC 7600 FAY AVENUE LA JOLLA CA 92067 465723508 REAL ESTATE CA 262975 74731083 LA JOLLA MUSIC SOCIETY