2023-05-30T10:59:10-05:00 2022-07-31 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2021-08-01 756004761 FORT WORTH SYMPHONY ORCHESTRA ASSOCIATION FORT 8176656500 330 EAST 4TH STREET 200 FORT WORTH TX 76102 SHELBY LEE VP FINANCE/CFO 8176656500 2023-05-23 1 SHELBY LEE 999009999 MATTHEW PETROSKI P00853132 9726611843 2023-05-23 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z SHELBY LEE 330 EAST 4TH STREET 200 FORT WORTH TX 76102 12877849 0 X WWW.FWSYMPHONY.ORG X 1929 TX PERFORM GREAT SYMPHONIC MUSIC TO EDUCATE, ENTERTAIN, AND ENHANCE LIFE. 60 59 285 124 0 0 12583708 7713439 1150052 3972926 1550803 874060 0 0 15284563 12560425 0 0 0 0 8201724 8712957 0 0 838674 3595884 5330919 11797608 14043876 3486955 -1483451 39389813 34443355 2214909 1949009 37174904 32494346 X SEE SCHEDULE O-TO PERFORM GREAT SYMPHONIC MUSIC AT THE HIGHEST LEVEL OF ARTISTIC EXCELLENCE TO EDUCATE, ENTERTAIN, AND ENHANCE CULTURAL LIFE.-TO PRESENT ENGAGING MUSIC EDUCATION PROGRAMS FOR YOUNG PEOPLE TO FOSTER EARLY INTEREST IN AND INSPIRE LIFELONG ENJOYMENT OF MUSIC. -TO ACHIEVE EVER-GREATER LEVELS OF ARTISTIC ACCOMPLISHMENT AND LEADERSHIP IN FORT WORTH AND ACROSS THE NATION. 0 0 9397690 3814256 ORCHESTRAL PRODUCTIONS -- 33 SYMPHONIC, 24 POPS, 12 SUMMER MUSIC FESTIVAL AND 2 COMMUNITY PERFORMANCES WITH AN ATTENDANCE OF APPROXIMATELY 64,000. DURING MOST OF THE SEASON, FWSO MAINTAIN A MODIFIED PERFORMANCE SCHEDULE ALLOWING FOR SOCIAL DISTANCING WITH A REDUCED AUDIENCE. 1790036 158670 EDUCATIONAL PROGRAMS -- DURING THE SEASON FWSO MAINTAINED ITS ON LINE PROGRAMING WHILE ALSO RESTARTING ITS IN PERSON PERFORMANCES WITH A LIMITED CAPACITY TO ALLOW FOR SOCIAL DISTANCING. FWSO REACHED 12,900 STUDENTS ONLINE AND 5,900 IN PERSON. 11187726 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 0 0 0 0 0 1 50 0 1 285 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 60 59 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SHELBY LEE 8176656500 330 EAST 4TH STREET SUITE 200 FORT WORTH TX 761024019 DR KEITH CERNY PRESIDENT AND CEO 40.00 X X 305000 0 18750 MERCEDES T BASS CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 J W WILSON TREASURER 1.00 X X 0 0 0 TERESA KING SECRETARY 1.00 X X 0 0 0 MARIANNE AULD CHAIRMAN OF THE EXECUTIVE 1.00 X X 0 0 0 AMY ROACH BAILEY DIRECTOR 1.00 X 0 0 0 MARVIN E BLUM DIRECTOR 1.00 X 0 0 0 ASHLI BLUMENFELD DIRECTOR 1.00 X 0 0 0 VICTOR J BOSCHINI JR DIRECTOR 1.00 X 0 0 0 ANNE MARI BRATTON DIRECTOR 1.00 X 0 0 0 BRENDA CLINE DIRECTOR 1.00 X 0 0 0 GAIL COOKE DIRECTOR 1.00 X 0 0 0 BARBARA A COX DIRECTOR 1.00 X 0 0 0 JUANA-ROSA DANIELL DIRECTOR 1.00 X 0 0 0 MITZI DAVIS DIRECTOR 1.00 X 0 0 0 VANCE A DUFFY DIRECTOR 1.00 X 0 0 0 DR ASAD DEAN DIRECTOR 1.00 X 0 0 0 KATIE FARMER DIRECTOR 1.00 X 0 0 0 JOAN E FRIEDMAN DIRECTOR 1.00 X 0 0 0 TERA GARVEY DIRECTOR 1.00 X 0 0 0 JOHN B GIORDANO DIRECTOR 1.00 X 0 0 0 GAIL ARONOFF GRANEK DIRECTOR 1.00 X 0 0 0 BARRY L GREEN DIRECTOR 1.00 X 0 0 0 GENIE GUYNN DIRECTOR 1.00 X 0 0 0 DOTTY HALL DIRECTOR 1.00 X 0 0 0 KATHLEEN HICKS DIRECTOR 1.00 X 0 0 0 AARON HOWARD DIRECTOR 1.00 X 0 0 0 ROBERT L JAMESON DIRECTOR 1.00 X 0 0 0 KIM JOHNSON DIRECTOR 1.00 X 0 0 0 DEE J KELLY JR DIRECTOR 1.00 X 0 0 0 MOLLIE L LASATER DIRECTOR 1.00 X 0 0 0 ANTONIA PRYOR LEAVITT DIRECTOR 1.00 X 0 0 0 MARY HART LIPSCOMB DIRECTOR 1.00 X 0 0 0 MISTY LOCKE DIRECTOR 1.00 X 0 0 0 LOUELLA MARTIN DIRECTOR 1.00 X 0 0 0 PRISCILLA W MARTIN DIRECTOR 1.00 X 0 0 0 COLIN MCCONNELL DIRECTOR 1.00 X 0 0 0 DR STUART D MCDONALD DIRECTOR 1.00 X 0 0 0 ELLEN MESSMAN DIRECTOR 1.00 X 0 0 0 DR TILL MACIVOR MEYN DIRECTOR 1.00 X 0 0 0 ERIN MOSELEY DIRECTOR 1.00 X 0 0 0 CARA OWENS DIRECTOR 1.00 X 0 0 0 FRASHER H PERGANDE DIRECTOR 1.00 X 0 0 0 DON C PLATTSMIER DIRECTOR 1.00 X 0 0 0 DANA PORTER DIRECTOR 1.00 X 0 0 0 JEAN ROACH DIRECTOR 1.00 X 0 0 0 HENRY H ROBINSON DIRECTOR 1.00 X 0 0 0 JUDE RYAN DIRECTOR 1.00 X 0 0 0 ALANN BEDFORD SAMPSON DIRECTOR 1.00 X 0 0 0 JEFF SCHMELTEKOPF DIRECTOR 1.00 X 0 0 0 ED SCHOLLMAIER DIRECTOR (THRU 09/21) 1.00 X 0 0 0 KAL SILVERBERG DIRECTOR 1.00 X 0 0 0 DWAYNE SMITH DIRECTOR 1.00 X 0 0 0 THOMAS L SMITH DIRECTOR 1.00 X 0 0 0 KATHLEEN B STEVENS DIRECTOR 1.00 X 0 0 0 RONDA JONES STUCKER DIRECTOR 1.00 X 0 0 0 CLARE STONESIFER CHAIRMAN AUDIT & INVEST. COMMITTEES 1.00 X 0 0 0 JONATHAN T SUDER DIRECTOR 1.00 X 0 0 0 CARLA KEMP THOMPSON DIRECTOR 1.00 X 0 0 0 LON T WERNER DIRECTOR 1.00 X 0 0 0 BENNETT CEPAK VP FINANCE AND CFO 40.00 X 125673 0 7919 JULIE BAKER VP DEVELOPMENT 40.00 X 173000 0 4952 CARRIE ADAMIAN CHIEF MARKETING OFFICER 40.00 X 173000 0 4951 ROBERT SPANO MUSIC DIRECTOR 40.00 X 143996 0 0 REBECCA TOBIN VP ARTISTIC OPERATIONS 40.00 X 129000 0 14219 MICHAEL SHIH CONCERT MASTER 40.00 X 129432 0 6286 1179101 0 57077 8 0 1 0 HCK2 3875 PONTE AVE SUITE 420 ADDISON TX 75001 MARKETING AND CREATIVE SERVICE 142286 GREENBERG ARTIST 36 BENDER WAY FOUND RIDGE NY 10576 GUEST ARTIST SERVICES 116203 ONSTAGE SYSTEMS 8721 FORNEY RD DALLAS TX 75227 AUDITORIUM EQUIPMENT AND STAGE SETUP 112050 WFAA PO BOX 637386 CINCINNATI OH 45263 PROMOTION SERVICES 105215 TERRA MUSIC 2830 S HULEN STREET 191 FORT WORTH TX 76109 GUEST ARTIST SERVICES 105000 8 661033 2512437 4539969 97458 7713439 SINGLE TICKET SALES 711130 1840614 1840614 SUBSCRIPTION CONCERTS 711130 1207871 1207871 ENGAGEMENT FEES 711130 375937 375937 HANDLING, FACILITY, PA 711130 315705 315705 EDUCATIONAL CONCERTS 711130 158670 158670 74129 74129 3972926 874060 874060 317424 661033 317424 0 12560425 3972926 0 874060 497480 109581 278318 109581 6650162 5464157 809280 376725 317797 256417 43849 17531 1247518 984496 185199 77823 37626 37626 116338 116338 142235 142235 165785 106584 5910 53291 532786 503562 21918 7306 539417 179806 269709 89902 14818 4939 7409 2470 61750 20583 30875 10292 113825 88531 18971 6323 PRODUCTION EXPENSES 2874062 2874062 HALL RENTAL 553766 553766 DEVELOPMENT 84484 84484 COVID HEALTH AND SAFETY 53026 41242 8838 2946 41001 41001 14043876 11187726 2017476 838674 2300687 2631134 1279250 298500 39177 25833 1759551 760845 1779184 1480958 317592 298226 31983721 28958009 1709835 1470808 39389813 34443355 516037 490214 1698872 1458795 2214909 1949009 X 1139218 1182280 36035686 31312066 37174904 32494346 39389813 34443355 X -1483451 -2958080 -239027 X 0 1 X 1 0 X 6145770 3041880 4134961 12531042 7713439 33567092 6145770 3041880 4134961 12531042 7713439 33567092 17749233 15817859 617075 584735 518739 531819 874060 3126428 32796 106480 104038 243314 36936834 19135345 0.42820 0.35800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32708721 9851 -2230563 1530000 28958009 25202888 1706716 7040020 1240903 32708721 24551057 500000 1534565 1382734 25202888 26275163 -534241 25740922 25157315 2519697 1398849 26278163 0.00000 0.88340 0.11660 0 0 16138 15598 540 494743 461994 32749 1268303 1003366 264937 298226 X 9288233 -2958080 67150 -239027 -3129957 12418190 142235 142235 12560425 13968791 67150 67150 13901641 142235 142235 14043876 PART V, LINE 4: THE ENDOWMENT PROVIDES FOR THE ORCHESTRA'S FUTURE BY BUILDING AN ENDOWMENT WHICH WILL SUPPLEMENT THE ORCHESTRA'S ANNUAL INCOME IN PERPETUITY. PART X, LINE 2: THE SYMPHONY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. THE SYMPHONY'S ESTIMATE OF THE POTENTIAL OUTCOME OF ANY UNCERTAIN TAX ISSUES IS SUBJECT TO MANAGEMENT'S ASSESSMENT OF RELEVANT RISKS, FACTS, AND CIRCUMSTANCES EXISTING AT THAT TIME. THE SYMPHONY USES A MORE LIKELY THAN NOT THRESHOLD FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TO THE EXTENT THAT THE SYMPHONY'S ASSESSMENT OF SUCH TAX POSITION CHANGES, THE CHANGE IN ESTIMATE IS RECORDED IN THE PERIOD IN WHICH THE DETERMINATION IS MADE. THE SYMPHONY REPORTS TAX-RELATED INTEREST AND PENALTIES, IF APPLICABLE, AS A COMPONENT OF INCOME TAX EXPENSE, AS INCURRED. AS OF JULY 31, 2022 AND 2021, NO UNCERTAIN TAX POSITIONS HAVE BEEN IDENTIFIED BY MANAGEMENT AND, THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: BENEFICIAL INTEREST IN TRUST -239,027. ANNUAL GALA 939057 650058 288999 67150 68254 61963 65813 25819 OPENING NIGHT 39400 10975 28425 27774 651 978457 661033 317424 67150 68254 89737 65813 26470 317424 0 X X X X 0 0 0 0 0 0 0 1 0 DR KEITH CERNY PRESIDENT AND CEO 225000 0 35000 0 45000 0 10833 0 7917 0 323750 0 0 0 JULIE BAKER VP DEVELOPMENT 140000 0 5000 0 28000 0 0 0 4952 0 177952 0 0 0 CARRIE ADAMIAN CHIEF MARKETING OFFICER 140000 0 5000 0 28000 0 0 0 4951 0 177951 0 0 0 PART I, LINE 7 THE ORGANIZATION PROVIDED A DISCRETIONARY BONUS TO ITS EMPLOYEES TO RECOGNIZE THEIR EXCEPTIONAL PERFORMANCE AND COMMITMENT TO THE SUCCESS OF THE ORGANIZATION THROUGHOUT THE COVID PERIOD. X 6 30308 FMV X JEWELRY, VACATION TRIP, PIANO 8 67150 FMV 0 0 1 1 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 2 1) HENRY ROBINSON, DIRECTOR; DEE J. KELLY, JR, DIRECTOR; MARIANNE AULD, DIRECTOR - PARTNERS IN THE LAW FIRM OF KELLY, HART AND HALLMAN, ATTORNEYS 2) JEAN ROACH, DIRECTOR; AMY ROACH, DIRECTOR - FAMILY MEMBERS 3) RON DANIELL, DIRECTOR; JUANNA ROSA DANIELL - FAMILY MEMBERS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY MANAGEMENT OF THE FWSO WITH THE ASSISTANCE FROM ITS INDEPENDENT TAX ADVISORS. THE FINANCE COMMITTEE OF THE BOARD RECEIVES THE DRAFT FORM 990 AND REVIEWS FOR ACCURACY. AFTER ANY CHANGES ARE MADE, THE COMMITTEE APPROVES THE FORM BEFORE IT IS SUBMITTED TO THE IRS. A COMPLETED COPY IS PROVIDED TO THE BOARD MEMBERS AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS RECEIVE CONFLICT OF INTEREST FORMS TO BE SIGNED AND SUBMITTED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRMAN OF THE BOARD REVIEWS THE PERFORMANCE AND COMPENSATION FOR THE PRESIDENT AND CEO ANNUALLY USING COMPARABLE DATA FROM OTHER INDEPENDENT PERFORMING ARTS INSTITUTIONS AND THE WRITTEN CONTRACT WHICH WAS APPROVED BY THE BOARD. THE PRESIDENT AND CEO REVIEWS SALARIES FOR KEY MANAGEMENT EMPLOYEES WITH THE BOARD CHAIR. THE COMPENSATION PROCESS FOR THE PRESIDENT AND CEO WAS LAST CONDUCTED IN DECEMBER 2021. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE AT THE GUIDESTAR WEBSITE OR AVAILABLE UPON REQUEST TO THE ASSOCIATION. GOVERNING DOCUMENTS, CONFLICTS OR INTERST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE FORM 990 AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: BENEFICIAL INTEREST IN TRUST -239,027.