LOUISE W KAHN & EDMUND J KAHN DALLAS SYMPHONY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
LOUISE W KAHN & EDMUND J KAHN DALLAS SYMPHONY FOUNDATION (EIN 75-6368880)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-04-27
IRS object ID
202341179349100724
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-04-27T11:45:55-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN300020048PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SALLIE A SCANLAN CPA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110440 N CENTRAL EXPY STE 1280AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75231ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN756368880EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOUISE W KAHN AND EDMUND J KAHN DALLASBusinessNameLine1Txt
Business Name Line2SYMPHONY FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLOUIBusinessNameControlTxt
Phone2143696202PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110440 N CENTRAL EXPRESSWAY 1280AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75231ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSALLIE A SCANLANPersonNm
Person TitleTRUSTEEPersonTitleTxt
Signature2023-04-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSALLIE APersonFirstNm
Person LastSCANLANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSallie A Scanlan CPA PCPreparerPersonNm
PTINP00572582PTIN
Phone2143694732PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,658,182FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$128,274DividendsRevAndExpnssAmt
Dividends Net Invst Incm$128,274DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$384,839NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,286,258GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$384,839CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$513,113TotalRevAndExpnssAmt
Total Net Invst Incm$513,113TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$14,800AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$8,880AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$5,920AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$62,682OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$62,682OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$18,984TaxesRevAndExpnssAmt
Taxes Net Invst Incm$79TaxesNetInvstIncmAmt
Occupancy Rev And Expnss$10,580OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$5,290OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$5,290OccupancyDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$107,046TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$76,931TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$11,210TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$467,523ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$467,523ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$574,569TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$76,931TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$478,733TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$61,456ExcessRevenueOverExpensesAmt
Net Investment Income$436,182NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$4,503CashBOYAmt
Cash EOY$7,973CashEOYAmt
Cash EOYFMV$7,973CashEOYFMVAmt
Sav And Temp Cash Invst BOY$597,586SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$467,992SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$467,992SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$586,270USGovernmentObligationsBOYAmt
US Government Obligations EOY$553,946USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$531,991USGovtObligationsEOYFMVAmt
Corporate Stock BOY$2,866,811CorporateStockBOYAmt
Corporate Stock EOY$2,825,447CorporateStockEOYAmt
Corporate Stock EOYFMV$4,608,619CorporateStockEOYFMVAmt
Corporate Bonds BOY$2,048,491CorporateBondsBOYAmt
Corporate Bonds EOY$2,186,847CorporateBondsEOYAmt
Corporate Bonds EOYFMV$2,041,607CorporateBondsEOYFMVAmt
Total Assets BOY$6,103,661TotalAssetsBOYAmt
Total Assets EOY$6,042,205TotalAssetsEOYAmt
Total Assets EOYFMV$7,658,182TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$6,103,661CapitalStockBOYAmt
Capital Stock EOY$6,042,205CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$6,103,661TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$6,042,205TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,103,661TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$6,042,205TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,103,661TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$61,456ExcessRevenueOverExpensesAmt
Subtotal$6,042,205SubtotalAmt
Tot Net Ast Or Fund Balances EOY$6,042,205TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
SEE ATTACHED MORGAN STANLEY STMTP2022-05-052022-06-06$95,727$112,588-$16,861-$16,861
SEE ATTACHED MORGAN STANLEY STMTP1985-05-052022-06-06$1,133,900$782,281$351,619$351,619
SEE ATTACHED MORGAN STANLEY STMTP1985-05-052022-06-06$55,996$5,851$50,145$50,145
SEE ATTACHED MORGAN STANLEY STMTP1985-05-052022-06-06$606$699-$93-$93
Capital Gain Dividends$29
FieldValueIRS element (for citing)
Capital Gain Net Income$384,839CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$6,063InvestmentIncomeExciseTaxAmt
Subtotal$6,063SubtotalAmt
Tax Based On Investment Income$6,063TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$13,600EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$13,600TotalPaymentsAndCreditsAmt
Overpayment$7,537OverpaymentAmt
Applied To ES Tax$7,537AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1SALLIE A SCANLANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2143696202PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line110440 N CENTRAL EXPY STE 1280AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75231ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnYes (true)SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (true)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
SALLIE A SCANLAN
10440 N CENTRAL EXPY STE 1280DALLASTX75231TRUSTEE8.50$0
KELLY E ROACH
10440 N CENTRAL EXPY STE 1280DALLLASTX75231TRUSTEE0.05$0
SHERIAN L MINCZEWSKI
10440 N CENTRAL EXPY STE 1280DALLASTX75231TRUSTEE0.05$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line11919 INVESTMENT COUNSELBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1640 FIFTH AVENUE 9TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Service TypeINVESTMENT ADVISORServiceTypeTxt
Compensation$62,639CompensationAmt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE FOUNDATION'S ONLY PURPOSE IS TO FUND THE EXPENSES OF THE MUSICAL DIRECTOR AND GUEST ARTISTS AT THE DALLAS SYMPHONY.Description1Txt
Expenses1$467,523Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$7,838,665AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$474,994AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$8,313,659TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$8,313,659AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$124,705CashDeemedCharitableAmt
Net Vl Noncharitable Assets$8,188,954NetVlNoncharitableAssetsAmt
Minimum Investment Return$409,448MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$409,448MinimumInvestmentReturnAmt
Tax Based On Investment Income$6,063TaxBasedOnInvestmentIncomeAmt
Total Tax$6,063TotalTaxAmt
Distributable Before Adj$403,385DistributableBeforeAdjAmt
Distributable Before Ded$403,385DistributableBeforeDedAmt
Distributable As Adjusted$403,385DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$478,733ExpensesAndContributionsAmt
Qualifying Distributions$478,733QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$403,385DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$29,631ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$44,316ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$39,662ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$40,414ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$9,589ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$163,612TotalExcessDistributionCyovAmt
Qualifying Distributions$478,733QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$403,385AppliedToCurrentYearAmt
Remaining Distri From Corpus$75,348RemainingDistriFromCorpusAmt
Total Corpus$238,960TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$29,631ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$209,329ExcessDistriCyovToNextYrAmt
Excess From Year4$44,316ExcessFromYear4Amt
Excess From Year3$39,662ExcessFromYear3Amt
Excess From Year2$40,414ExcessFromYear2Amt
Excess From Year1$9,589ExcessFromYear1Amt
Excess From Current Year$75,348ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonDALLAS SYMPHONY ASSOCRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12301 FLORA STREETAddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75201ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusN/ARecipientFoundationStatusTxt
Grant Or Contribution PurposeTO UNDERWRITE THE SALARY AND EXPENSES OF THE MUSIC DIRECTOR AND GUEST DIRECTORS OF THE DALLAS SYMPHONY.GrantOrContributionPurposeTxt
Amt$467,523Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$467,523TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$128,274ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$384,839ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$513,113ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$513,113TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategorySAS CPACategoryTxt
Amt$14,800Amt
Net Investment Income$8,880NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$5,920DisbursementsCharitablePrpsAmt

Contractor Compensation Expln ContractorCompensationExpln

Contractor Comp Expln ContractorCompExplnGrp

Contractor Business Name ContractorBusinessName

FieldValueIRS element (for citing)
Business Name Line11919 INVESTMENT COUNSELBusinessNameLine1Txt
FieldValueIRS element (for citing)
Explanation*******THE QUARTERLY FEES ARE BASED ON THE VALUE OF THE FOUNDATION'S PORTFOLIO.ExplanationTxt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
19/19 ADVISORY FEES$62,639$62,639$0$0
OTHER INVESTMENT FEES$43$43$0$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
EXCISE TAXES$18,905
FOREIGN TAXES$79$79

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