2023-05-15T13:15:36-05:00 2022-06-30 571112308 VERIS LLC 1156 BOWMAN ROAD SUITE 100-A MOUNT PLEASANT SC 29464 990 2021-07-01 576000192 CHARLESTON SYMPHONY ORCHESTRA CHAR 8437237528 PO BOX 30818 CHARLESTON SC 29417 MICHAEL A SMITH EXECUTIVE DIRECTOR 8437237528 2023-05-15 1 MICHAEL SMITH 999009999 JACQUELINE BROOKE GLOVER-SKINNER EA P01225402 8438814477 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MICHAEL A SMITH PO BOX 30818 CHARLESTON SC 29417 9194585 0 X HTTPS://CHARLESTONSYMPHONY.ORG/ X 1936 SC THE CHARLESTON SYMPHONY'S MISSION IS TO INSPIRE AND ENGAGE THE COMMUNITY THROUGH EXCEPTIONAL MUSICAL PERFORMANCES AND EDUCATIONAL PROGRAMS. 24 24 300 200 0 0 2922976 7656074 808862 1451805 150617 54642 1554 32064 3884009 9194585 0 0 0 0 2201134 2593762 0 0 468021 620389 1294897 2821523 3888659 1062486 5305926 3900208 8106651 1780600 1164271 2119608 6942380 X THE CHARLESTON SYMPHONY'S MISSION IS TO INSPIRE AND ENGAGE THE COMMUNITY THROUGH EXCEPTIONAL MUSICAL PERFORMANCES AND EDUCATIONAL PROGRAMS. 0 0 2798578 1403750 IN FY22, THE CHARLESTON SYMPHONY CONTINUED TO SERVE ITS COMMUNITY AND FULFILL ITS MISSION. THE CSO WASIMMENSELY PROUD TO LAUNCH, "A TRIUMPHANT RETURN" FOLLOWING THE IMMENSE CHALLENGES OF THE COVID-19 SHUTDOWN. THECSO ENJOYED A ROBUST PERFORMANCE SEASON OF OVER 100 MASTERWORKS, POPS, CHAMBER MUSIC, EDUCATIONAL, ANDCOMMUNITY ENGAGEMENT PERFORMANCES. THE CSO ALSO COMPLETED ITS TWO-YEAR CELEBRATION OF THE 250TH ANNIVERSARY OFLUDWIG VAN BEETHOVEN'S BIRTH WITH TWO SELL-OUT PERFORMANCES OF THE FAMED COMPOSER'S NINTH SYMPHONY, "AN ODE TOJOY" THE CSO'S HIGHEST GROSSING AND HIGHEST ATTENDANCE OF MASTERWORKS PERFORMANCES TO DATE. THE CSO WAS ONE OF AHANDFUL OF ORCHESTRAS NATIONWIDE THAT DELIVERED LIVE PERFORMANCES THROUGHOUT THE PANDEMIC, AND THE LOWCOUNTRY'SENCOURAGEMENT EMBOLDENED US TO DO MORE AND BE MORE AS A COMMUNITY SERVICE ORGANIZATION DURING THE 2021-2022SEASON. THE CSO LAUNCHED ITS FIRST YEAR OF THE CHARLESTON SYMPHONY INCLUSION FELLOWSHIP. THE EXECUTIVE FELLOWSHIP IS APARTNERSHIP WITH THE COLLEGE OF CHARLESTON'S ARTS & CULTURAL ADMINISTRATION PROGRAM. TWO GRADUATE STUDENTS WEREAWARDED POSITIONS ON THE CSO STAFF TO PARTICIPATE IN A 24-MONTH CROSS-DEPARTMENTAL ROTATION TO RECEIVE ROBUSTEXPERIENCE WORKING CLOSELY IN AREAS OF MARKETING, ADVANCEMENT, OPERATIONS, AND MORE. 258978 48055 THE CSO REMAINS COMMITTED TO PRESENTING THE HIGHEST-QUALITY MUSICAL EXPERIENCES AND DIRECT ACCESS TO THEARTS TO OUR COMMUNITY'S CHILDREN, THEREBY NARROWING THE GAP OF EDUCATIONAL INEQUALITY FOR OVER 20,000 STUDENTS ACROSSTHE LOWCOUNTRY EACH SEASON. THE CSO IS PROUD TO OFFER MULTIPLE OPPORTUNITIES FOR EDUCATIONAL ENGAGEMENT, AND THESYMPHONY PLACES SPECIAL EMPHASIS ON PROVIDING FREE OR LOW-COST PROGRAMMING TO PROMOTE EQUITABLE ACCESS TOINSPIRATIONAL EDUCATION THROUGH MUSIC. EACH YEAR, SMALL ENSEMBLES OF CSO MUSICIANS TRAVEL DIRECTLY TO SCHOOLS ACROSS THETRI-COUNTY AREA TO PRESENT CHAMBER MUSIC CONCERTS AND INSTRUMENTAL DEMONSTRATIONS FREE OF CHARGE THROUGH THE "MUSICIN SCHOOLS" PROGRAM. DURING THE 2021-22 SCHOOL YEAR, STUDENTS ALSO HAD THE OPPORTUNITY TO ATTEND "YOUNG PEOPLE'SCONCERTS" AT THE GAILLARD CENTER IN PARTNERSHIP WITH CARNEGIE HALL FOR A HIGHLY ENGAGING AND INTERACTIVE PROGRAM OF FULLSCALESYMPHONIC MUSIC. IN ADDITION TO THESE PROGRAMS, THE CHARLESTON SYMPHONY YOUTH ORCHESTRA (CSYO) OPERATES YEARROUNDAS ONE OF THE CSO'S MOST DEEPLY IMPACTFUL INITIATIVES IN THE DEVELOPMENT OF YOUNG MUSICIANS, AND THIS ESTEEMEDENSEMBLE PROVIDED MIDDLE AND HIGH SCHOOL STUDENTS WITH RICH MUSICAL EXPERIENCES THROUGH INTERACTIONS AND INTENSIVECOACHING WITH CSO MUSICIANS THROUGHOUT THE SEASON. THROUGH THE "MUSIC IN SCHOOLS" PROGRAM, "YOUNG PEOPLE'SCONCERTS, AND THE "CHARLESTON SYMPHONY YOUTH ORCHESTRA," THE CSO WILL BRING WORLD-CLASS MUSIC INTO STUDENTS' LIVES ATREDUCED OR NO COST TO REMOVE BARRIERS TO ARTS ACCESS WHILE SERVING AS A RESOURCE TO AMPLIFY CLASSROOM LEARNING. 3057556 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 57 0 1 300 1 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 SC X X MICHAEL SMITH 8437237528 PO BOX 30818 CHARLESTON SC 29417 ROBERT SIEDELL DIRECTOR 1.00 X 0 0 0 CAROL H FISHMAN DIRECTOR 1.00 X 0 0 0 LENNA MACDONALD DIRECTOR 1.00 X 0 0 0 EDWARD HART DIRECTOR 1.00 X 0 0 0 MARTY PENKHUS DIRECTOR 1.00 X 0 0 0 PATRICK ILDERTON DIRECTOR 1.00 X 0 0 0 RAJAN GOVINDAN DIRECTOR 1.00 X 0 0 0 TAYLOR CHARPIA DIRECTOR 1.00 X 0 0 0 LEE HIGDON DIRECTOR 1.00 X 0 0 0 DR BOBBY BAKER DIRECTOR 1.00 X 0 0 0 CLYDE HIERS DIRECTOR 1.00 X 0 0 0 NATALIE HAM DIRECTOR 1.00 X 0 0 0 ELIZABETH RIVERS LEWINE DIRECTOR 1.00 X 0 0 0 JON OLSON DIRECTOR 1.00 X 0 0 0 JODI RUSH DIRECTOR 1.00 X 0 0 0 DAVID SAVARD VICE PRESIDENT 1.00 X 0 0 0 GERALD TANENBAUM DIRECTOR 1.00 X 0 0 0 KAY MAYBANK DIRECTOR 1.00 X 0 0 0 MICHAEL A SMITH EXECUTIVE DIRECTOR 60.00 X 119481 0 4192 MICHAEL MOODY PRESIDENT 10.00 X 0 0 0 SUSAN SULLIVAN SECRETARY 5.00 X 0 0 0 TRACY GROOMS TREASURER 10.00 X 0 0 0 JERRY EVANS VICE PRESIDENT 5.00 X 0 0 0 WENDI HUFF VICE PRESIDENT 5.00 X 0 0 0 CYNTHIA MABRY DIRECTOR 5.00 X 0 0 0 119481 0 4192 2 0 0 0 WINKLER GROUP 1036 EWALL ST MOUNT PLEASANT SC 29464 ENDOWMENT CONSULTANTS 158000 1 182750 1326930 6146394 7656074 CONCERT REVENUE 711130 1451805 1451805 1451805 54642 54642 OTHER INCOME 900099 32064 32064 32064 9194585 1538511 0 0 297482 74370 148742 74370 2296280 2107298 188982 241513 241513 46263 40011 3126 3126 21624 21624 17454 17454 STAGE CREWS 212669 212669 DEVELOPMENT FUNDRAISING 201543 201543 MISC EXPENSES 201464 29328 172136 GUEST ARTISTS AND CONDU 118096 118096 234271 234271 3888659 3057556 363082 468021 1886630 1821558 834970 3770683 51750 1211160 59886 39572 549033 196233 370254 352800 696718 910878 3900208 8106651 216246 212792 793172 659726 485481 20835 285701 270918 1780600 1164271 X 1796582 5718241 323026 1224139 2119608 6942380 3900208 8106651 5305926 -483154 0 X X 0 1 X 1 0 X 1893025 1956417 2078237 2922976 7656074 16506729 1749506 1620536 1408163 808862 1451805 7038872 3642531 3576953 3486400 3731838 9107879 23545601 646828 175847 391593 396179 1957566 3568013 0 646828 175847 391593 396179 1957566 3568013 19977588 -8536 -10882 29281 150617 54642 215122 -8536 -10882 29281 150617 54642 215122 180 5774 31283 1554 32064 70855 3634175 3571845 3546964 3884009 9194585 23831578 0.83830 0.88610 0.00900 0.00990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 834970 4869839 -439898 5264911 658797 10000 170260 4087 834970 607086 25000 51526 20000 4815 658797 558048 25000 44496 16216 4242 607086 464945 95068 17682 41508 3139 533048 1 0 549033 196233 352800 352800 ERTC RECEIVABLE 910878 910878 X 8711431 -483154 -483154 9194585 0 9194585 3888659 0 3888659 0 3888659 PART X, LINE 2: THE FASB PROVIDES GUIDANCE ON THE SYMPHONY'S EVALUATION OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE SYMPHONY'S TAX POSITION AND CONCLUDED THAT THE SYMPHONY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. X 1 WINKLER GROUP 1036 EWALL ST MOUNT PLEASANT SC 29464 CONSULTANT FOR ENDOWMENT CAMPAIGN 0 4869839 158000 4711839 4869839 158000 4711839 PART 1 ORGANIZATION'S MISSION THE CHARLESTON SYMPHONY ORCHESTRA (CSO) HAS BEEN A CULTURAL CORNERSTONE OF THE LOWCOUNTRY AND AN INTEGRAL COMPONENT OF CHARLESTON'S RICHLY VIBRANT HERITAGE AND CULTURAL IDENTITY SINCE ITS FOUNDING IN 1936. THE CSO IS COMMITTED TO EXCELLENCE, COMMUNITY ENGAGEMENT, AND DIVERSITY, AND AIMS TO ENRICH THE COMMUNITY THROUGH EXCEPTIONAL MUSICAL PERFORMANCES AND EDUCATION PROGRAMS, SERVING OVER 50,000 ADULTS AND STUDENTS ANNUALLY FOR 86 SEASONS. TO BECOME A BOLD, MODERN, SUSTAINABLE, AND COMMUNITY-FOCUSED SYMPHONY THAT CONNECTS ALL VOICES IN THE COMMUNITY, THE CSO UNDERTOOK ITS FIRST-EVER ENDOWMENT CAMPAIGN, MUSIC MATTERS. THE CSO EXCEEDED THEIR INITIAL GOAL OF RAISING $9 MILLION AND HAVE RAISED ALMOST $15.1 MILLION, WHICH WILL ENABLE THEM TO RETAIN TOP-QUALITY MUSICIANS AND STAFF, RECRUIT THE BEST MUSICIANS FOR THE FUTURE, AND PROVIDE A VIABLE RETIREMENT MATCHING PROGRAM FOR THE FIRST TIME. THE CSO IS COMMITTED TO CONNECTING AND REFLECTING THE ENTIRE COMMUNITY THROUGH DIVERSE MUSICAL PROGRAMMING, EDUCATIONAL OFFERINGS, AND ENGAGEMENT INITIATIVES. THE ORGANIZATION HAS INVESTED IN ROBUST MARKETING, PROGRAMMING, AND DIVERSITY, EQUITY, AND INCLUSION INITIATIVES, INCLUDING THE LAUNCH OF THE CSO'S INCLUSION FELLOWSHIP AND THE DEVELOPMENT OF PROJECT AURORA, AND ARTISTIC INITIATIVE THAT CELEBRATES MUSIC BORN IN THE LOWCOUNTRY. DESPITE THE CHALLENGES POSED BY THE COVID-19 PANDEMIC, THE CSO REMAINED STEADFAST IN ITS MISSION TO SERVE THE COMMUNITY BY DELIVERING LIVE PERFORMANCES THROUGHOUT THE PANDEMIC. THIS WAS MADE POSSIBLE BY THE LOWCOUNTRY'S SUPPORT, WHICH INSPIRED THE ORGANIZATION TO DO MORE IN ITS ROLE AS A COMMUNITY SERVICE ORGANIZATION. THE CSO IS DETERMINED TO REACH NEW AUDIENCES AND FURTHER ITS MISSION BY HONORING TRADITIONS THAT HAVE INSPIRED HUMANITY FOR CENTURIES WHILE ALSO DEVELOPING INNOVATIVE PROGRAMMING THAT ATTRACTS AUDIENCES REFLECTING THE COMMUNITY'S DIVERSITY. THE CSO AIMS TO REMAIN A SOURCE OF INSPIRATION AND PRIDE FOR THE ENTIRE COMMUNITY. FORM 990, PART VI, SECTION B, LINE 11B THE FULL BOARD OF DIRECTORS, EXECUTIVE DIRECTOR AND SEPARATELY THE AUDIT AND FINANCE COMMITTEE OF THE CHARLESTON SYMPHONY ORCHESTRA ARE GIVEN AN ALLOTED TIME TO REVIEW THE FORM 990 BEFORE IT IS FILED. ANY CHANGES NOTED DURING THE REVIEW PERIOD ARE MADE TO PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR OFFICERS AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AND SIGN AN ASSURANCE TO THAT EFFECT. ANY CONFLICTS SO DISCLOSED ARE INVESTIGATED AND RESOLVED. DURING THE YEAR, IF ANY OTHER CONFLICTS ARE MADE AWARE TO THE BOARD AND MANAGEMENT, THEY WOULD PURSUE AND RESOLVE THOSE ISSUES WITH THE OFFICER OR BOARD MEMBER IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15 THE CHARLESTON SYMPHONY ORCHESTRA DOES NOT COMPENSATE ANY OFFICERS OR DIRECTORS, EXCEPT FOR THE EXECUTIVE DIRECTOR. EMPLOYEE COMPENSATION IS REVIEWED ANNUALLY IN CONJUNCTION WITH THE OPERATING BUDGET PROCESS, WHICH IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE CHARLESTON SYMPHONY ORCHESTRA PROVIDES ACCESS TO ITS FORM 1023 UPON REQUEST AND FORM 990 IS POSTED ON ITS WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE CSO MAKES IS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC EITHER ON OUR WEBSITE OR UPON REQUEST. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FOR THE PRIOR YEAR. CHARLESTON SYMPHONY ORCHESTRA LEAGUE INC PO BOX 22613 CHARLESTON SC 29413 542133879 FUNDRAISING FOR CSO SC 501(C)(3) LINE 10 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CHARLESTON SYMPHONY ORCHESTRA LEAGUE INC C 182750 FAIR VALUE