2024-12-17T14:36:45-06:00 2024-07-31 580692043 MAULDIN & JENKINS LLC 1401 MANATEE AVE W STE 1200 BRADENTON FL 34205 990 2023-08-01 592603081 FLORIDA WEST COAST SYMPHONY INC D/B/A SARASOTA ORCHESTRA FLOR 9419534252 709 NORTH TAMIAMI TRAIL SARASOTA FL 34236 JOSEPH MCKENNA PRESIDENT/CEO 9419534252 2024-12-11 1 1 BRIAN CARTER P00536712 9417474483 2024-12-10 2023 2024-10-15 13:58:12Z JOSEPH MCKENNA 709 NORTH TAMIAMI TRAIL SARASOTA FL 34236 67850132 0 X WWW.SARASOTAORCHESTRA.ORG X 1949 FL THE MISSION OF THE SARASOTA ORCHESTRA IS TO ENGAGE, EDUCATE AND ENRICH OUR COMMUNITY THROUGH HIGH QUALITY LIVE MUSICAL EXPERIENCES. SARASOTA ORCHESTRA IS COMMITTED TO ENGAGING OUR COMMUNITY WITH THE HIGHEST STANDARDS IN PERFORMING AND PROGRAMMING, OPERATING IN A CULTURE OF SERVICE, RESPECT, AND COLLABORATION, AND PERFORMING CLASSICAL MUSIC AND WELCOMING GREAT MUSIC FROM OTHER GENRES. 18 18 356 350 1350 0 7553677 60899085 3570584 3914218 -1609174 1209756 576088 496678 10091175 66519737 29269 42052 0 0 9527372 9874487 0 0 1781878 3828803 4368634 13385444 14285173 -3294269 52234564 31780178 83523728 3340195 2956883 28439983 80566845 X THE MISSION OF THE SARASOTA ORCHESTRA IS TO ENGAGE, EDUCATE AND ENRICH OUR COMMUNITY THROUGH HIGH QUALITY LIVE MUSICAL EXPERIENCES. SARASOTA ORCHESTRA IS COMMITTED TO ENGAGING OUR COMMUNITY WITH THE HIGHEST STANDARDS IN PERFORMING AND PROGRAMMING, OPERATING IN A CULTURE OF SERVICE, RESPECT AND COLLABORATION, AND PERFORMING CLASSICAL MUSIC AND WELCOMING GREAT MUSIC FROM OTHER GENRES. 0 0 9433731 3514408 SARASOTA ORCHESTRA IS ONE OF THE LEADING REGIONAL ORCHESTRAS IN THE UNITED STATES, PERFORMING A WIDE RANGE OF CLASSICAL, POPS, AND CHAMBER MUSIC CONCERTS. PRIOR TO THE COVID-19 PANDEMIC, EACH SEASON SARASOTA ORCHESTRA PERFORMED FOR MORE THAN 88,000 PEOPLE ACROSS MORE THAN 100 LIVE MUSICAL PERFORMANCES IN A 36-WEEK SEASON FROM SEPTEMBER TO MAY. THE 2023-2024 CONCERT SEASON CONTINUED TO SEE AUDIENCE RECOVERY FROM THE PANDEMIC TRENDING UPWARD EACH SEASON SINCE 2021-2022 AND REACHED 70,000 THIS SEASON. HIGHLIGHTS OF THE SEASON INCLUDED SCREENINGS OF THE MOVIE STAR WARS WITH THE FILM SCORE PERFORMED LIVE, PERFORMANCES OF PETER AND THE WOLF IN SPANISH AND ENGLISH IN THE SPRING, AND THE POPULAR OUTDOOR POPS CONCERTS AT ED SMITH STATIUM THAT ATTRACTED MORE THAN 6,000 PEOPLE FROM THE COMMUNITY. SARASOTA ORCHESTRA EMPLOYS 76 CONTRACTED MUSICIANS, WITH 48 MUSICIANS FORMING THE ORCHESTRA'S FULL-TIME CORE. ITS OUTREACH PROGRAMS, INCLUDING THE "ON THE ROAD WITH SO" COMMUNITY TOUR, A DEDICATED FREE FALL FAMILY CONCERT, AND FREE TICKETS THROUGH VETTIX AND TICKETS FOR KIDS AND A RANGE OF SOCIAL SERVICES PROGRAMS IN ORDER TO CONNECT WITH SARASOTA AND MANATEE COUNTY RESIDENTS OF ALL AGES WHO MAY NOT OTHERWISE HAVE ACCESS TO CONCERT EXPERIENCES, THEREBY STRENGTHENING THE COMMUNITY'S ARTISTIC PROFILE AND REPUTATION AS A CULTURAL HUB IN FLORIDA. 1067756 265516 FOUNDED IN 1965, THE SARASOTA MUSIC FESTIVAL IS ONE OF THE UNITED STATES' PREMIER TEACHING AND PERFORMANCE FESTIVALS FOCUSED ON CHAMBER MUSIC. IT WAS DESIGNATED BY THE FLORIDA STATE LEGISLATURE AS THE "OFFICIAL TEACHING AND PERFORMING FESTIVAL OF THE STATE OF FLORIDA" IN 1984. THROUGH A COMPETITIVE APPLICATION PROCESS, THE FESTIVAL ACCEPTS MORE THAN 60 TALENTED FELLOWS EACH SUMMER, THE MAJORITY OF THEM COLLEGE-AGED, PRE-PROFESSIONAL ARTISTS, TO PARTICIPATE IN THREE WEEKS OF MASTER CLASSES AND COACHING SESSIONS, ALONG WITH PUBLIC ORCHESTRAL AND CHAMBER MUSIC PERFORMANCES. A ROSTER OF MORE THAN 40 INTERNATIONALLY-ACCLAIMED MUSICIANS REPRESENTING THE WORLD'S TOP ORCHESTRAS, CONSERVATORIES, AND COLLEGES COME TO THE FESTIVAL TO MENTOR AND PERFORM ALONGSIDE THE FELLOWS. JEFFREY KAHANE HAS SERVED AS MUSIC DIRECTOR OF THE SARASOTA MUSIC FESTIVAL SINCE 2016. FESTIVAL AUDIENCES ENJOY A WIDE VARIETY OF CONCERT EXPERIENCES AND EVENTS, INCLUDING THURSDAY AFTERNOON ARTIST SHOWCASES FEATURING THE FACULTY ARTISTS; CONCERTS OF CHAMBER AND ORCHESTRAL MUSIC ON FRIDAYS AND SATURDAYS; AND SUNDAY "RISING STARS" RECITALS IN WHICH THE FELLOWS ARE BOTH THE STARS AND CURATORS OF THE PROGRAMS. MANY PATRONS ENJOY THE OPTION OF PURCHASING FESTIVAL PASSES, WHICH ALLOW ACCESS TO THE ARTISTS' MASTER CLASSES AND REHEARSALS. SPECIAL EVENTS AND LECTURES THROUGHOUT THE FESTIVAL OFFER RARE OPPORTUNITIES FOR ALL FESTIVAL PARTICIPANTS, AUDIENCES AND MUSICIANS ALIKE, TO ENGAGE WITH LIVING COMPOSERS AND TOP PERFORMING ARTISTS OF TODAY. 996504 42052 134294 FOR 65 YEARS, SARASOTA ORCHESTRA HAS SPONSORED A YOUTH ORCHESTRA PROGRAM THAT CURRENTLY CONSISTS OF EIGHT ORCHESTRAS: FIVE STRING ORCHESTRAS, ONE WIND BAND, AND TWO SYMPHONIC ORCHESTRAS. THE SARASOTA YOUTH ORCHESTRAS MEET ONCE A WEEK FROM SEPTEMBER THROUGH APRIL AND PRESENT SIX CONCERTS THAT ARE FREE TO THE PUBLIC. ALMOST FULLY RECOVERED FROM A DIP IN PARTICIPATION DURING AND FOLLOWING THE PANDEMIC, THE PROGRAM IS NOW FLOURISHING AND BACK TO FULL CAPACITY. 54% OF THE SARASOTA YOUTH ORCHESTRAS' STUDENTS WERE SUPPORTED BY SCHOLARSHIP ASSISTANCE. SARASOTA ORCHESTRA ALSO PRESENTS A SUMMER MUSIC CAMP FOR TWO WEEKS EACH JULY. SARASOTA ORCHESTRA'S SUMMER MUSIC CAMP SUPPORTS "TRUE BEGINNERS," ENABLING ASPIRING MUSICIANS AS YOUNG AS EIGHT YEARS OLD TO LEARN HOW TO PLAY AN INSTRUMENT WITH NO PRIOR EXPERIENCE.TO ENSURE ALL STUDENTS HAVE ACCESS TO MUSIC INSTRUCTION AND EDUCATIONAL PROGRAMS, SARASOTA ORCHESTRA PROVIDES SCHOLARSHIPS FOR PARTICIPATION IN SARASOTA YOUTH ORCHESTRAS AND SUMMER MUSIC CAMP, AS WELL AS PRIVATE LESSON, SUMMER CAMPS, AND COLLEGE SCHOLARSHIPS. STUDENTS ALSO HAVE THE OPPORTUNITY TO BORROW INSTRUMENTS FROM THE ORCHESTRA. OTHER EDUCATION PROGRAMS INCLUDE THE YOUNG PERSON'S CONCERT, WHICH ENGAGES MORE THAN 9,000 FOURTH- AND FIFTH- GRADERS FROM SARASOTA AND MANATEE COUNTY SCHOOLS. THE PROGRAM INCLUDES AN IN-SCHOOL PREPARATION CURRICULUM GUIDE AND CULMINATES IN A CONCERT BY SARASOTA ORCHESTRA HELD AT A PROFESSIONAL CONCERT VENUE. THE CURRICULUM FOR THE YOUNG PERSON'S CONCERT ALIGNS WITH THE FLORIDA AND NATIONAL EDUCATION STANDARDS. OTHER OUTREACH PROGRAMS INCLUDE ORCHESTRA MUSICIANS PERFORMING AND COACHING IN LOCAL SCHOOLS AND OTHER COMMUNITY VENUES. IN A REGULAR SEASON, THE TOTAL NUMBER OF CHILDREN AND FAMILY MEMBERS SERVED BY SARASOTA ORCHESTRA'S EDUCATIONAL PROGRAMMING EXCEEDS 15,000. 11497991 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 118 0 356 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X X CATHY WILSON 9419534252 709 NORTH TAMIAMI TRAIL SARASOTA FL 34236 TOM KOSKI CHAIR 2.00 X X 0 0 0 MIKE ESPOSITO DIRECTOR 2.00 X 0 0 0 ROSE-ANNE FRANO VICE CHAIR 2.00 X X 0 0 0 DEBORAH HAMM DIRECTOR 2.00 X 0 0 0 HENRY KAHWATY DIRECTOR 2.00 X 0 0 0 PETER KRETZMER DIRECTOR 2.00 X 0 0 0 RICK LANNAMANN DIRECTOR 2.00 X 0 0 0 ALISON MADSEN DIRECTOR 2.00 X 0 0 0 ROBIN SERBIN DIRECTOR 2.00 X 0 0 0 ANNE FOLSOM SMITH DIRECTOR 2.00 X 0 0 0 DAVID STEVES DIRECTOR 2.00 X 0 0 0 KIM WHEELER DIRECTOR 2.00 X 0 0 0 TOM RYAN DIRECTOR 2.00 X 0 0 0 JILL LEVINE SECRETARY 2.00 X X 0 0 0 BILLY ROBINSON TREASURER 2.00 X X 0 0 0 RICHARD RIVERA VICE CHAIR 2.00 X X 0 0 0 LOIS STULBERG DIRECTOR 2.00 X 0 0 0 DAVID GREEN VICE CHAIR 2.00 X X 0 0 0 JOSEPH MCKENNA PRESIDENT AND CEO 40.00 X 259544 0 47057 CATHY WILSON CHEIF FINANCIAL OFFICER 40.00 X 165530 0 27643 GORDON GREENFIELD CHIEF MARKETING AND COMMUNICATIONS OFFICER 40.00 X 123366 0 28269 548440 0 102969 3 0 1 0 OPUS 3 ARTISTS 348 WEST 57TH STREET STE 282 NEW YORK NY 10019 GUEST CONDUCTORS/ARTISTS 550889 GARFIELD PUBLICPRIVATE 14911 QUORUM DRIVE STE 380 DALLAS TX 75254 PROJECT MANAGEMENT 333000 AYSMM DIGITAL 1960 BLUE OAKS BLVD STE 190 ROSEVILLE CA 95747 DIGITAL MARKETING 106625 3 180053 1619553 587052 58512427 60899085 SYMPHONY CONCERTS 711130 3315393 3315393 MUSIC FESTIVAL 711130 265516 265516 CONTRACT REVENUE 711130 199015 199015 MUSIC EDUCATION 711130 134294 134294 3914218 1327061 1327061 6996 26268 -19272 -19272 -19272 748380 865685 -117305 -117305 -117305 813348 180053 428349 384999 384999 5368 10093 -4725 -4725 OTHER REVENUE 711130 134326 134326 PROGRAM ROYALTIES 513120 1350 1350 135676 66519737 3914218 1350 1705084 42052 42052 709696 365760 105342 238594 7567646 6190783 471089 905774 335987 265721 25953 44313 685628 517530 59745 108353 575530 435213 59009 81308 19763 13651 449 5663 51644 35673 1173 14798 7064 7064 447051 308798 10154 128099 462928 457786 2129 3013 438334 338962 28366 71006 165402 56320 109082 1352009 1268341 38129 45539 69320 62111 2036 5173 248354 194006 33696 20652 530 530 OTHER PRODUCTION EXPENS 752189 703388 541 48260 FACULTY & STUDENT HOUSI 164666 164666 MISCELLANEOUS 94836 37325 51347 6164 OTHER FUNDRAISING EXPEN 55169 55169 39375 39375 14285173 11497991 1005304 1781878 5718759 5604652 2754087 54978820 300666 391657 628817 116968 220684 181660 23237773 4784810 17893747 18452963 3819711 3349417 443707 447591 31780178 83523728 1448464 1049777 1891731 1907106 3340195 2956883 X 18504376 23869626 9935607 56697219 28439983 80566845 31780178 83523728 X 52234564 -115204 7502 X X 0 1 X 1 0 X 10392751 25573781 9751042 7553677 60899085 114170336 10392751 25573781 9751042 7553677 60899085 114170336 63987756 50182580 154023 292423 591179 542454 1334057 2914136 93594 21811 89708 125473 135496 466082 117550554 16065283 0.42690 0.66010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1863561 126282 1989843 1862728 2981 2148 1863561 1927635 -116646 -51739 1862728 1962690 25432 60487 1927635 1876716 85974 1962690 0.90000 0.10000 0 0 14106575 14106575 4337135 3801316 535819 1095318 983494 111824 3698745 3698745 18452963 X 69663855 -115204 16797 4861640 4763233 64900622 7064 1612051 1619115 66519737 14759616 16797 464710 481507 14278109 7064 7064 14285173 PART V, LINE 4: TO SUPPORT THE FLORIDA WEST COAST SYMPHONY. PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A CHARITABLE ORGANIZATION AS DEFINED BY INTERNAL REVENUE CODE SECTION 501(C)(3) AND, ACCORDINGLY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A). HOWEVER, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED JULY 31, 2024, THE ORGANIZATION INCURRED NO INCOME TAX EXPENSE. IT IS THE ORGANIZATION'S POLICY TO ACCOUNT FOR ANY UNCERTAINTIES IN INCOME TAX LAW IN ACCORDANCE WITH FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740-10 CLARIFIES THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND REQUIRES THAT THE ORGANIZATION RECOGNIZE THE IMPACT OF SUCH A TAX POSITION IN ITS FINANCIAL STATEMENTS IF, UPON ULTIMATE SETTLEMENT, THAT POSITION IS MORE-LIKELY-THAN-NOT TO BE SUSTAINED. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE COMBINED FINANCIAL STATEMENTS. AS A RESULT, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE COMBINED FINANCIAL STATEMENTS. THE ORGANIZATION FILES A 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX FOR THE ORCHESTRA AND THE TRUST AND A 990-T EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN TO THE U.S. FEDERAL GOVERNMENT AND AN F-1120 FLORIDA CORPORATE INCOME/FRANCHISE TAX RETURN TO THE STATE OF FLORIDA FOR THE ORCHESTRA. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM RELATED ORGANIZATION INCLUDED ON SEPARATE 990 4,396,930. RENTAL EXPENSES AND COST OF GOOD SOLD NETTED WITH REVENUE ON 990 36,361. SPECIAL EVENT EXPENSES NETTED WITH REVENUE ON 990 428,349. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS FROM RELATED ORGANIZATIONS 1,619,553. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -7,502. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES AND COST OF GOODS SOLD NETTED WITH REVENUE ON 990 36,361. SPECIAL EVENT EXPENSES NETTED WITH REVENUE ON 990 428,349. DINNER SERIES 271800 700 271100 96156 772 5916 GALA 340138 11540 328598 82829 400 55424 3 381463 167813 213650 63427 80211 9825 33389 993401 180053 813348 63427 259196 10997 94729 428349 384999 1 COLLEGE MUSIC EDUCATION SCHOLARSHIPS FOR INDIVIDUALS IN YOUTH ORCHESTRA 4 8000 MUSIC CAMP SCHOLARSHIPS FOR INDIVIDUALS IN YOUTH ORCHESTRA 3 10118 PRIVATE MUSIC LESSON SCHOLARSHIPS FOR INDIVIDUALS IN YOUTH ORCHESTRA 29 18634 YOUNG ARTIST AWARDS 7 4300 X X X 0 0 0 0 0 0 0 0 0 JOSEPH MCKENNA PRESIDENT AND CEO 255944 0 0 0 3600 0 29570 0 17487 0 306601 0 0 0 CATHY WILSON CHEIF FINANCIAL OFFICER 165530 0 0 0 0 0 17983 0 9660 0 193173 0 0 0 GORDON GREENFIELD CHIEF MARKETING AND COMMUNICATIONS O 123366 0 0 0 0 0 15679 0 12590 0 151635 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER. ADDITIONALLY, A COPY IS PROVIDED TO THE BOARD OF DIRECTORS REQUESTING REVIEW AND QUESTIONS TO BE COMPLETED BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL BOARD MEMBERS FILL OUT A CONFLICT OF INTEREST QUESTIONNAIRE AND CONFLICT OF INTEREST POLICY ACKNOWLEDGEMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPARISON STUDIES ARE MADE FOR EACH POSITION TO SIMILAR POSITIONS IN LIKE NON-PROFIT ORGANIZATIONS. STUDIES ARE REVIEWED YEAR OF HIRE AND EACH YEAR WHEN DETERMINING ANNUAL COMPENSATION CHANGES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PLACES THE AUDITED FINANCIAL STATEMENT OF ITS MOST RECENTLY COMPLETED FISCAL YEAR ON ITS WEBSITE AND MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 7,502. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS AUDIT REVIEW PRACTICE DURING THE TAX YEAR; HOWEVER IT WAS SUBJECT TO A SINGLE AUDIT DUE TO EXPENDITURES OF FEDERAL GRANT FLORIDA WEST COAST SYMPHONY INC ENDOWMENT TRUST 709 NORTH TAMIAMI TRAIL SARASOTA FL 34236 326004523 TO HAVE HOLD AND MANAGE AN ENDOWMENT FUND FOR THE BENEFIT OF THE ORCHESTRA FL 501(C)(3) LINE 12B, II 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0