2023-05-15T17:04:07-05:00 2022-06-30 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2021-07-01 050267451 RHODE ISLAND PHILHARMONIC ORCHESTRA & MUSIC SCHOOL RHOD 4012487070 667 WATERMAN AVENUE EAST PROVIDENCE RI 02914 DAVID BEAUCHESNE EXECUTIVE DIRECTOR 4012487070 2023-05-15 1 DAVID BEAUCHESNE 999009999 SANDY ROSS P01399337 4012742001 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DAVID BEAUCHESNE 667 WATERMAN AVENUE EAST PROVIDENCE RI 02914 9723708 0 X WWW.RI-PHILHARMONIC.ORG X 1944 RI TO ENRICH AND TRANSFORM RHODE ISLAND AND OUR REGION THROUGH GREAT MUSIC PERFORMANCE AND EDUCATION. 27 27 286 25 0 0 3340751 5901038 1586164 2353942 388481 698493 83514 42319 5398910 8995792 170713 237461 0 0 2871681 3896950 0 0 448990 2154305 3058408 5196699 7192819 202211 1802973 15804954 14866163 5683904 4345901 10121050 10520262 X THE ONLY PROFESSIONAL ORCHESTRA, THE ONLY CERTIFIED COMMUNITY MUSIC SCHOOL AND THE SECOND LARGEST NOT FOR PROFIT ARTS ORGANIZATION IN RHODE ISLAND, THE PHILHARMONIC SEEKS TO ENRICH AND TRANSFORM RHODE ISLAND AND OUR REGION THROUGH GREAT MUSIC PERFORMANCE AND EDUCATION. 0 0 2692851 880648 THE RHODE ISLAND PHILHARMONIC ORCHESTRA PROGRAM HIGHLIGHTS FOR 2020-2021:-WE CONTINUE TO BE ONE OF THE LARGEST COMBINED PROFESSIONAL ORCHESTRA AND COMMUNITY MUSIC SCHOOL IN THE COUNTRY, AND THE SECOND LARGEST ARTS ORGANIZATION IN RHODE ISLAND.-WE SERVED APPROXIMATELY 75,000 FOLKS THROUGH OUR TEACHING, EDUCATION CONCERTS, CLASSICAL CONCERTS AND LIVESTREAMING OVER THIS PAST YEAR 2118045 237461 1496274 THE RI PHILHARMONIC MUSIC SCHOOL IS THE ONLY COMMUNITY MUSIC SCHOOL IN RHODE ISLAND AND ENCOURAGES LIFELONG ENGAGEMENT WITH MUSIC THROUGH COMPREHENSIVE MUSIC EDUCATION AND COMMUNITY PARTNERSHIP PROGRAMS TAUGHT BY ORCHESTRA MEMBERS AND OTHER OUTSTANDING FACULTY. WE PRIORITIZE ARTISTRY AND EDUCATION EQUALLY. WE PROVIDE CURRICULUM AND CONCERTS WHICH SERVED OVER 8,000 CHILDREN IN 77 SCHOOLS IN 35 SCHOOL DISTRICTS VIA THE INTERNET. WE PROVIDED OVER $345,000 IN CASH AND IN-KIND FINANCIAL AID TO STUDENTS WHICH COVERS 30% OF OUR POPULATION. WE HAVE PARTNERSHIPS WITH MANY OTHER ORGANIZATIONS IN THE STATE INCLUDING PROVIDENCE SINGERS, RI MUSIC EDUCATORS ASSOCIATION, AMERICAN BAND, NARRAGANSETT BAY SYMPHONY COMMUNITY ORCHESTRA, THE AUTISM PROJECT, LIFELONG LEARNINING COLLABORATIVE, GIRLS ROCK, PROVIDENCE COUNTRY DAY SCHOOL AND RI CHILRENS CHORUS. OTHER ORGANIZATIONS WE HAVE COLLABORATED WITH ARE BRADLEY HOSPITAL, LASALLE ACADEMY, BLACKSTONE ACADEMY, RI SCHOOL OF DESIGN, TRINITY REPARATORY COMPANY, RI STATE COUNCIL FOR THE ARTS, BROWN UNIVERSITY, RHODE ISLAND COLLEGE AND OTHERS. 4810896 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 286 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 RI X THE ORGANIZATION 4012487070 667 WATERMAN AVE EAST PROVIDENCE RI 02914 MALCOLM GRIGGS PRESIDENT 2.00 X X 0 0 0 ROBERT NAPARSTEK PAST PRESIDENT 2.00 X X 0 0 0 ROBERT J MANNING TREASURER 2.00 X X 0 0 0 BARBARA DREYER SECRETARY 2.00 X X 0 0 0 KAREN PELCZARSKI GENERAL COUNSEL/DIRECTOR 2.00 X X 0 0 0 SEAN DAGESSE DIRECTOR (TO 9/21) 2.00 X 0 0 0 RONALD DELELLIS DIRECTOR 2.00 X 0 0 0 LINDA DIEBOLD DIRECTOR 2.00 X 0 0 0 ROBERT M FETZER DIRECTOR 2.00 X 0 0 0 KAREN GRANDE DIRECTOR 2.00 X 0 0 0 ETHAN HILLARY KISCH DIRECTOR 2.00 X 0 0 0 MARIE J LANGLOIS DIRECTOR (TO 9/21) 2.00 X 0 0 0 LINDA MAAIA DIRECTOR 2.00 X 0 0 0 BRENDAN MCCORY DIRECTOR 2.00 X 0 0 0 CAROLL MEDEIROS DIRECTOR (TO 9/21) 2.00 X 0 0 0 HERB RAKATANSKY DIRECTOR 2.00 X 0 0 0 ROSALYN K SINCLAIR DIRECTOR 2.00 X 0 0 0 STEVEN SNOW DIRECTOR 2.00 X 0 0 0 DAVID VON HEMERT DIRECTOR 2.00 X 0 0 0 RALPH WALES DIRECTOR 2.00 X 0 0 0 SCOTT WALKER DIRECTOR 2.00 X 0 0 0 DAVID WINOKER DIRECTOR 2.00 X 0 0 0 EDWARD WING DIRECTOR 2.00 X 0 0 0 AMY GOLDSTEIN DIRECTOR 2.00 X 0 0 0 MARY REINEMAN DIRECTOR 2.00 X 0 0 0 JESSICA GRANTIERO DIRECTOR 2.00 X 0 0 0 SUSAN CHUNG DIRECTOR 2.00 X 0 0 0 TING BARNARD DIRECTOR 2.00 X 0 0 0 SUSAN CULPO DIRECTOR 2.00 X 0 0 0 LOIS FINKEL EX-OFFICIO DIRECTOR 2.00 X 0 0 0 JOANNE HAWORTH DIRECTOR (AS OF 9/21) 2.00 X 0 0 0 CAROL GOLDEN DIRECTOR (AS OF 9/21) 2.00 X 0 0 0 DAVID J BEAUCHESNE EXECUTIVE DIRECTOR 40.00 X 231597 0 0 DONNA CHACE-LARSON DIRECTOR OF FINANCE 40.00 X 98588 0 14090 BRAMWELL TOVEY ARTISITIC DIRECTOR 40.00 X 117262 0 13620 ELIZABETH ANN KEARNEY DIRECTOR OF DEVELOPMENT 40.00 X 146317 0 14090 593764 0 41800 3 0 1 0 0 2916767 2984271 5901038 MUSIC SCHOOL 611600 1496274 1496274 ORCHESTRA CONCERTS 711130 857668 857668 2353942 108417 108417 22980 0 22980 22980 22980 1080392 490316 590076 590076 590076 256939 237600 19339 19339 8995792 2376922 0 717832 X 237461 237461 359046 84306 147885 126855 2952559 2409780 387384 155395 78634 67552 8047 3035 230707 147500 52763 30444 276004 215212 37916 22876 103023 103023 49871 49871 801572 675595 55647 70330 225691 223706 1985 493468 359361 110574 23533 556834 235719 312346 8769 86864 58760 24526 3578 66726 66726 447893 447893 81690 23921 57065 704 BAD DEBT EXPENSE/RECOVE 64128 64128 COMMISSIONS 40512 40512 MUSIC 21769 21769 LICENSES, DUES, SUBSCRI 18367 9742 7139 1486 7192819 4810896 1932933 448990 733616 887079 663945 303627 103105 77370 132663 147452 12050699 5320187 6652006 6730512 7169741 6370138 349878 349985 15804954 14866163 212268 424523 435036 526378 3405000 3215000 1631600 180000 5683904 4345901 X 4337003 5419321 5784047 5100941 10121050 10520262 15804954 14866163 1802973 -1403761 0 X 0 1 X 1 0 X 1869985 2225240 1960192 3064151 5906038 15025606 1869985 2225240 1960192 3064151 5906038 15025606 790514 14235092 101926 102489 113168 98760 131020 547363 8455 2740 11195 15584164 13063642 0.91340 0.88790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6036119 156000 -636500 199742 5355877 4745637 274349 1215261 199128 6036119 4911857 140783 307003 4745637 4912728 7786 352250 360907 4911857 4766106 367551 220929 4912728 0.30751 0.58977 0.10271 0 0 818164 818164 9004932 4116770 4888162 2227603 1203417 1024186 6730512 X 7542160 -1403761 -1403761 8945921 49871 49871 8995792 7142948 0 7142948 49871 49871 7192819 PART V, LINE 4: ENDOWMENT FUNDS SUPPORT THE PHILHARMONIC IN SEVERAL WAYS, THROUGH A DRAW OF NOT MORE THAN 5% OF THE FUNDS FAIR VALUE ON A TWELVE QUARTER TRAILING AVERAGE. RESTRICTED FUNDS EXIST FOR THE SUPPORT OF THE PHILHARMONIC ORCHESTRA, INCLUDING ENDOWED POSITIONS; THE PHILHARMONIC MUSIC SCHOOL SCHOLARSHIPS; FOR SUPPORT OF THE PHILHARMONIC YOUTH ORCHESTRA; FOR GENERAL OPERATIONS AND FOR SEVERAL OTHER NAMED FUNDS. ALL USE IS MONITORED BY AN INVESTMENT COMMITTEE OF THE ORGANIZAION'S BOARD, AS WELL AS THE BOARD'S FINANCE COMMITTEE. PART X, LINE 2: THE PHILHARMONIC IS EXEMPT FROM FEDERAL INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE PHILHARMONIC OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE FEDERAL AND STATE LEVELS. THE PHILHARMONIC ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATIONS EXEMPT FROM INCOME TAX, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE PHILHARMONIC CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. GALA 256939 256939 10250 30519 44524 152307 256939 256939 10250 30519 44524 152307 237600 19339 1 FINANCIAL AID - LESSONS 178 121223 FAIR MARKET VALUE DEDUCTION OF TUITION FINANCIAL AID - TUITION ENSEMBLE 15 4938 FAIR MARKET VALUE DEDUCTION OF TUITION FINANCIAL AID - SUZUKI 11 8995 FAIR MARKET VALUE DEDUCTION OF TUITION FINANCIAL AID - MUSIC TOGETHER 1 126 FAIR MARKET VALUE DEDUCTION OF TUITION FINANCIAL AID - WESTERLY 8 3279 FAIR MARKET VALUE DEDUCTION OF TUITION DISCOUNTS OF SUZUKI, TUITION ENSEMBLES AND LESSONS 303 98900 FAIR MARKET VALUE DEDUCTION OF TUITION X X X 0 1 0 0 0 0 0 0 0 DAVID J BEAUCHESNE EXECUTIVE DIRECTOR 206597 0 25000 0 0 0 0 0 0 0 231597 0 0 0 ELIZABETH ANN KEARNEY DIRECTOR OF DEVELOPMENT 146317 0 0 0 0 0 0 0 14090 0 160407 0 0 0 A RI ECONOMIC DEVELOPMENT CORPORATION 762236CN5 2008-03-01 7000000 ACQUISITION AND RENOVATION OF CARTER CENTER FOR MUSIC & PERFORMANCE 0 0 0 A 7000000 176470 6823530 2008 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWED THE DRAFT 990 AND RECOMMENDED APPROVAL TO THE BOARD OF DIRECTORS PRIOR TO FILING. ALL MEMBERS OF THE BOARD WERE PROVIDED WITH A COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND THE EXECUTIVE DIRECTOR SIGN AND ACKNOWLEDGE THE CONFLICT OF INTEREST POLICY ANNUALLY, UPDATING FOR ANY CHANGES. IF POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARISE, THE BOARD OF DIRECTORS EVALUATES AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS, DISCUSSES, AND APPROVES COMPENSATION FOR OFFICERS, KEY EMPLOYEES AND OTHER TOP MANAGEMENT PERSONNEL ON AN ANNUAL BASIS. 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. FORM 990, PART IX, LINE 11G GUEST ARTISTS: PROGRAM SERVICE EXPENSES 336,620. MANAGEMENT AND GENERAL EXPENSES 55,647. FUNDRAISING EXPENSES 70,330. TOTAL EXPENSES 462,597. PRODUCTION COSTS: PROGRAM SERVICE EXPENSES 338,975. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 338,975.