2023-07-17T12:01:44-05:00 2022-09-30 366055558 GRANT THORNTON LLP 75 STATE ST 13TH FLOOR BOSTON MA 02109 990 2021-10-01 951696734 LOS ANGELES PHILHARMONIC ASSOCIATION LOSA 2139727300 151 SOUTH GRAND AVENUE LOS ANGELES CA 90012 GLENN BRIFFA CHIEF FINANCIAL OFFICER 2139727300 2023-07-17 1 GLENN BRIFFA 999009999 ERIN COUTURE P01390592 6177237900 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DANIEL SONG 151 SOUTH GRAND AVENUE LOS ANGELES CA 90012 788326441 0 X WWW.LAPHIL.COM X 1934 CA LA PHILHARMONIC ASSOCIATION'S MISSION IS TO PERFORM, PRESENT, AND PROMOTE MUSIC IN ITS MANY VARIED FORMS AT THE HIGEST LEVEL OF EXCELLENCE TO A LARGE & DIVERSE AUDIENCE. 49 49 1755 700 51187 8817 66963095 57284218 47703911 119459608 34428991 -14584541 -122101 -3958509 148973896 158200776 1989513 1950439 0 0 58858900 81594811 542778 478893 5835940 43898594 95995390 105289785 180019533 43684111 -21818757 566505035 502518104 77895639 67574173 488609396 434943931 X UNDER THE LEADERSHIP OF MUSIC & ARTISTIC DIRECTOR GUSTAVO DUDAMEL, THE LA PHIL OFFERS LIVE PERFORMANCES, MEDIA INITIATIVES, AND LEARNING PROGRAMS THAT INSPIRE AND STRENGTHEN COMMUNITIES IN LOS ANGELES AND BEYOND. THE LOS ANGELES PHILHARMONIC ORCHESTRA (SEE SCH O)IS THE FOUNDATION OF THE LA PHIL'S OFFERINGS, WHICH ALSO INCLUDE A MULTI-GENRE, MULTIDISCIPLINARY PRESENTING PROGRAM AND SUCH YOUTH DEVELOPMENT PROGRAMS AS YOLA (YOUTH ORCHESTRA LOS ANGELES). PERFORMANCES ARE OFFERED ON THREE HISTORIC STAGES--WALT DISNEY CONCERT HALL, THE HOLLYWOOD BOWL, AND THE FORD--AS WELL AS THROUGH A VARIETY OF MEDIA PLATFORMS. IN ALL ITS ENDEAVORS, THE LA PHIL SEEKS TO ENRICH THE LIVES OF INDIVIDUALS AND COMMUNITIES THROUGH MUSICAL, ARTISTIC, AND LEARNING EXPERIENCES THAT RESONATE IN OUR WORLD TODAY. 0 0 115893001 0 74214644 PERFORMANCES BY THE LOS ANGELES PHILHARMONIC ORCHESTRA AND ARTISTS REPRESENTING A WIDE VARIETY OF GENRES AT WALT DISNEY CONCERT HALL, THE HOLLYWOOD BOWL, AND THE FORD. THIS ITEM ALSO INCLUDES DOMESTIC AND INTERNATIONAL TOURS BY THE ORCHESTRA. THE FORD SUPPORTS CREATIVE ASPIRATIONS, ESPECIALLY DIVERSE PERFORMANCES THAT REPRESENT LOCAL SURROUNDING COMMUNITIES. 13142605 1950439 154897 THE AFTER-SCHOOL MUSIC EDUCATION PROGRAM YOUTH ORCHESTRA LOS ANGELES (YOLA). YOLA CURRENTLY SERVES MORE THAN 1,300 YOUNG MUSICIANS ACROSS FOUR SITES, PROVIDING THEM WITH FREE INSTRUMENTS, INTENSIVE MUSIC INSTRUCTION, ACADEMIC SUPPORT, LEADERSHIP TRAINING, AND PERFORMANCE OPPORTUNITIES. 23599689 0 46125221 OTHER PERFORMANCES, INCLUDING LEASE EVENTS HOSTED BY THIRD-PARTY PROMOTERS, AND PERFORMANCE-RELATED ACTIVITIES, INCLUDING CONCESSIONS, PARKING, RECORDING, AND ROYALTIES. 152635295 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 172 0 1 1755 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 49 49 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 CA X GLENN BRIFFA 2139727300 151 S GRAND AVENUE LOS ANGELES CA 90012 X THOMAS BECKMEN BOARD CHAIR 1.00 0.00 X X 0 0 0 DAVID C BOHNETT CHAIR, CAMP. & VICE CHAIR, 1.00 0.00 X X 0 0 0 DONALD P DE BRIER CHAIR, AUDIT 1.00 0.00 X 0 0 0 DAVID MELINE CHAIR, CAMP. & VICE CHAIR, 1.00 0.00 X X 0 0 0 JONATHAN KAGAN CHAIR, HOLLYWOOD BOWL 1.00 0.00 X 0 0 0 DR RONALD D SUGAR DIRECTOR 1.00 0.00 X 0 0 0 JERROLD L EBERHARDT VICE CHAR EXEC/CHAIR ADV(THRU 10/21) 1.00 0.00 X X 0 0 0 JANE B EISNER VICE CHAIR 1.00 0.00 X X 0 0 0 DIANE B PAUL VICE-CHAIR, EXEC 1.00 0.00 X X 0 0 0 JAY RASULO VICE CHAIR, EXEC 1.00 0.00 X X 0 0 0 GREGORY A ADAMS DIRECTOR 1.00 0.00 X 0 0 0 JULIE ANDREWS DIRECTOR 1.00 0.00 X 0 0 0 REVETA F BOWERS CHAIR, PENSION & VICE CHAI 1.00 0.00 X 0 0 0 LINDA P BRITTAN DIRECTOR 1.00 0.00 X 0 0 0 JENNIFER BRODER DIRECTOR 1.00 0.00 X 0 0 0 KAWANNA BROWN DIRECTOR 1.00 0.00 X 0 0 0 ANDREA CHAO-KHARMA DIRECTOR 1.00 0.00 X 0 0 0 R MARTIN CHAVEZ DIRECTOR 1.00 0.00 X 0 0 0 CHRISTIAN CHIVAROLI DIRECTOR 1.00 0.00 X 0 0 0 LOUISE D EDGERTON DIRECTOR 1.00 0.00 X 0 0 0 LISA FIELD DIRECTOR 1.00 0.00 X 0 0 0 DAVID GINDLER DIRECTOR (THRU 08/22) 1.00 0.00 X 0 0 0 JENNIFER MILLER GOFF DIRECTOR 1.00 0.00 X 0 0 0 LENORE S GREENBERG DIRECTOR 1.00 0.00 X 0 0 0 CAROL COLBURN GRIGOR DIRECTOR 1.00 0.00 X 0 0 0 MEGAN HERNANDEZ DIRECTOR (THRU 08/22) 1.00 0.00 X 0 0 0 TEENA HOSTOVICH DIRECTOR 1.00 0.00 X 0 0 0 DARIOUSH KHALEDI DIRECTOR 1.00 0.00 X 0 0 0 LOUISE PEEBLES DIRECTOR (THRU 12/21) 1.00 0.00 X 0 0 0 FRANCOIS MOBASSER DIRECTOR 1.00 0.00 X 0 0 0 MARGARET MORGAN DIRECTOR 1.00 0.00 X 0 0 0 LEITH O'LEARY DIRECTOR 1.00 0.00 X 0 0 0 R JOSEPH PLASCENCIA DIRECTOR (THRU 09/22) 1.00 0.00 X 0 0 0 SANDY PRESSMAN DIRECTOR 1.00 0.00 X 0 0 0 ANN RONUS DIRECTOR (THRU 02/22) 1.00 0.00 X 0 0 0 LAURA ROSENWALD DIRECTOR 1.00 0.00 X 0 0 0 NANCY S SANDERS CHAIR, LEARNING & COMMUN(THRU 03/22) 1.00 0.00 X 0 0 0 GABRIELLE STARR DIRECTOR 1.00 0.00 X 0 0 0 JAY STEIN CHAIR, PHILANTHROPY 1.00 0.00 X 0 0 0 CHRISTIAN STRACKE CHAIR, MARKETING 1.00 0.00 X 0 0 0 JASON SUBOTKY DIRECTOR 1.00 0.00 X 0 0 0 JACK SUZAR DIRECTOR 1.00 0.00 X 0 0 0 SUE TSAO DIRECTOR 1.00 0.00 X 0 0 0 JON VEIN DIRECTOR 1.00 0.00 X 0 0 0 MEGAN WATANABE DIRECTOR 1.00 0.00 X 0 0 0 ALYCE DE ROULET WILLIAMSON DIRECTOR 1.00 0.00 X 0 0 0 IRWIN WINKLER DIRECTOR 1.00 0.00 X 0 0 0 DEBRA WONG YANG DIRECTOR 1.00 0.00 X 0 0 0 DAVID A FORD DIRECTOR 1.00 0.00 X 0 0 0 ANTONIA HERNANDEZ DIRECTOR 1.00 0.00 X 0 0 0 ALFRED FRAIJO JR DIRECTOR 1.00 0.00 X 0 0 0 RICHARD RAFFETTO DIRECTOR 1.00 0.00 X 0 0 0 MARTI FARLEY DIRECTOR (THRU 07/2022) 1.00 0.00 X 0 0 0 WINNIE KHO DIRECTOR (AS OF 03/22) 1.00 0.00 X 0 0 0 ANDY PARK DIRECTOR (AS OF 06/22) 1.00 0.00 X 0 0 0 MARIAN HALL DIRECTOR (AS OF 01/22) 1.00 0.00 X 0 0 0 VIKKI SUNG DIRECTOR (AS OF 07/22) 1.00 0.00 X 0 0 0 CHAD SMITH CEO 40.00 1.00 X 962507 0 123320 MONA PATEL GEN. COUNSEL, SECRETARY 40.00 1.00 X 382188 0 24309 GLENN BRIFFA INTERIM CFO ( AS OF 07/22) 40.00 0.00 X 0 0 0 KAREN STURGES CFO (THRU 07/2022) 40.00 1.00 X 472806 0 40992 GUSTAVO DUDAMEL MUSIC & ARTISTIC DIRECTOR 40.00 0.00 X 2565194 0 40992 DANIEL SONG COO 40.00 0.00 X 327809 0 49692 LAURA CONNELLY GM HOLLYWOOD BOWL, VP PROD 40.00 0.00 X 309464 0 35448 MEGHAN MARTINEAU VP ARTISTIC PLANNING 40.00 0.00 X 290067 0 34287 ELSJE KIBLE-VERMASS VP LEARNING 40.00 0.00 X 217531 0 23643 NORA BRADY VP OF MARKETING 40.00 0.00 X 253395 0 46714 MARGIE KIM BERMEO CHIEF PHILANTHROPY OFFICER 40.00 0.00 X 434726 0 21918 RENAE WILLIAMS NILES CHIEF CONTENT OFFICER 40.00 0.00 X 284231 0 17700 SUMMER BJORK CHIEF OF STAFF 40.00 0.00 X 267288 0 29517 EMANUEL MAXWELL CHIEF TALENT & EQUITY OFFICER 40.00 0.00 X 157845 0 14079 SARA KIM VP OF PHILANTHROPY 40.00 0.00 X 161673 0 15258 JOHANNA REES VP, PRESENTATIONS 40.00 0.00 X 281204 0 40992 THOMAS HOOTEN STAFF MUSICIAN 40.00 0.00 X 257729 0 50471 MARTIN CHALIFOUR PRINCIPAL CONCERTMASTER 40.00 0.00 X 345134 0 39642 NATHAN COLE STAFF MUSICIAN 40.00 0.00 X 235735 0 50471 ROBERT DEMAINE STAFF MUSICIAN 40.00 0.00 X 233350 0 50671 STEPHEN BIAGINI LIBRARIAN 40.00 0.00 X 220921 0 46691 GAIL SAMUEL FORMER PRES. OF HOLLYWOOD BOWL & COO 1.00 0.00 X 337900 0 21222 8998697 0 818029 165 1 1 1 EGMONT MUSIC ENTERPRISES INC 10960 WILSHIRE BLVD 5TH FLOOR LOS ANGELES CA 90024 CONDUCTING 2376463 CONTEMPORARY SERVICES CORPORATION PO BOX 748615 LOS ANGELES CA 90074 SECURITY 1614382 SEI INVESTMENTS PO BOX 945794 ATLANTA GA 30394 FINANCIAL SERVICES 961572 TRANSIT SYSTEMS UNLIMITED INC 8976 LAUREL CANYON BLVD SUN VALLEY CA 91353 BUSES & SHUTTLES 893871 VOLT LITES INC 4140 WEST VANOWEN PLACE BURBANK CA 91505 EQUIPMENT RENTAL 841693 75 8330060 13168682 35785476 1506573 57284218 CONCERTS 711310 73334386 73334386 CONCERTS BY OTHERS 711310 26415717 26415717 CONCESSION/PARKING 812930 11423489 11423489 BOX OFFICE SERVICE FEE 561599 5760205 5760205 SPONSORSHIPS 900099 1480410 1480410 1045401 1045401 119459608 8379592 -4355 8383947 600550000 623514133 -22964133 -22964133 -22964133 1035155 8330060 5448673 -4413518 -4413518 1537017 1162859 374158 318616 55542 WITHHOLDING TAX 900099 80851 80851 80851 158200776 100068719 51187 796652 1950439 1950439 8450374 7008906 988101 453367 55309624 46184438 6103632 3021554 4490319 3717656 566567 206096 8777100 7266797 1107452 402851 4567394 3781468 576292 209634 955788 253471 687867 14450 236849 236849 478893 478893 1031704 1031704 39885311 36166428 3529863 189020 8038734 7879484 33484 125766 7168221 5579154 1269925 319142 553893 48025 504878 990 927479 917181 10298 5638649 4786563 852086 3996484 3827623 131574 37287 28237 10288 1870 16079 88180 3508 84672 4903939 3997760 906179 2079770 1800035 279735 LEASE EVENT EXPENSES 10630860 10630860 OTHER 3890823 1471979 2291930 126914 EQUIPMENT RENTAL 2216494 2102440 110781 3273 SUPPLIES 1966983 1656840 242559 67584 1756992 1593952 163040 180019533 152635295 21548298 5835940 27681392 12841291 1571749 1577483 37442100 35602158 15999839 15956119 340991 366594 14034020 19070837 103084637 60113273 44291336 42971364 304699608 266305258 120444000 107827000 0 0 566505035 502518104 17698604 27103907 0 29736820 22461116 10000000 0 5981900 7500000 14478315 10509150 77895639 67574173 X 135925585 128528555 352683811 306415376 488609396 434943931 566505035 502518104 X -21818757 -35553201 3706493 X 0 1 X 1 0 X 58093781 66047501 48203456 66963095 57284218 296592051 111148892 109826641 32116255 47703911 119459608 420255307 169242673 175874142 80319711 114667006 176743826 716847358 20036963 12257332 15800222 20501925 8800954 77397396 1791078 15537956 7596996 10520464 24611346 60057840 21828041 27795288 23397218 31022389 33412300 137455236 579392122 6112725 6605464 6687692 4707818 8379592 32493291 142005 139265 0 0 0 281270 6254730 6744729 6687692 4707818 8379592 32774561 0 0 0 0 55542 55542 -171388 -4413518 -4584906 175497403 182618871 87007403 119203436 180765442 745092555 0.77760 0.77000 0.04400 0.03680 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FUNDRAISING - 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ -171,388. 2021 AMOUNT: $ -4,413,518. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 368407627 7408315 -42832914 14291432 318691596 306385043 34814628 41218451 14010495 368407627 297616396 8419316 13372402 13023071 306385043 280528057 19566972 10347566 12826198 297616396 265776321 11165501 14560835 10974600 280528057 0.30000 0.59000 0.11000 1 0 68597211 32515253 36081958 20357285 16955731 3401554 14130141 10642289 3487852 42971364 PARTNERSHIP INTEREST & OTHER 107827000 F 107827000 PENSION AND POST-RETIREMENT MEDICAL BENEFITS 10509150 10509150 X PART V, LINE 4: THE ENDOWMENT FUNDS SUPPORT EDUCATION AND MUSIC PROGRAMS, AND THE MISSION OF THE ASSOCIATION. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE ASSOCIATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. TO DATE, THE ASSOCIATION HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE ASSOCIATION'S POLICY IS TO RECOGNIZE POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE, IF ANY. DURING THE YEAR ENDED SEPTEMBER 30, 2022, THE ASSOCIATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS, OR WHICH MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. X X X X X X X 1 SD&A TELESERVICES INC 5757 W CENTURY BOULEVARD LOS ANGELES CA 90045 TELEFUNDING 1 780580 478893 301687 780580 478893 301687 CA WINTER GALA (2021) 2633885 2484640 149245 601234 1185749 SUMMER GALA 3148179 2450108 698071 1757291 541866 1 3583151 3395312 187839 608743 753790 9365215 8330060 1035155 2967268 2481405 5448673 -4413518 SCHEDULE G, PART II, COLUMN (C), OTHER EVENTS NAME OF EVENT: WINTER GALA 1 INGLEWOOD COMMUNITY PROGRAMS 151 S GRAND AVE LOS ANGELES CA 90012 842630102 501(C)(3) 1950439 0 CONSTRUCTION 1 0 PART I, LINE 2: THE ASSOCIATION MADE A CONTRIBUTION TO INGLEWOOD COMMUNITY PROGRAMS ("ICP") TO FUND THE CONSTRUCTION OF THE BUILDING IN INGLEWOOD. THE ASSOCIATION CONTROLS ICP BY GUARANTEEING ITS DEBT AND APPOINTING 3/5 OF THE BOARD MEMBERS. ADDITIONALY, THE ASSOCIATION MANAGEMENT OVERSEES THE CONSTRUCTION. X 1 1 X X X X 0 1 0 0 0 0 0 1 0 GUSTAVO DUDAMEL MUSIC & ARTISTIC DIRECTOR 200000 0 0 0 2365194 0 0 0 40992 0 2606186 0 0 0 CHAD SMITH CEO 662507 0 300000 0 0 0 107495 0 15825 0 1085827 0 0 0 KAREN STURGES CFO (THRU 07/2022) 372806 0 100000 0 0 0 0 0 40992 0 513798 0 0 0 MARGIE KIM BERMEO CHIEF PHILANTHROPY OFFICER 369726 0 65000 0 0 0 6573 0 15345 0 456644 0 0 0 MONA PATEL GEN. COUNSEL, SECRETARY 342188 0 40000 0 0 0 8964 0 15345 0 406497 0 0 0 MARTIN CHALIFOUR PRINCIPAL CONCERTMASTER 326804 0 0 0 18330 0 10400 0 29242 0 384776 0 0 0 DANIEL SONG COO 287809 0 40000 0 0 0 8700 0 40992 0 377501 0 0 0 GAIL SAMUEL FORMER PRES. OF HOLLYWOOD BOWL & COO 262900 0 75000 0 0 0 7766 0 13456 0 359122 0 0 0 LAURA CONNELLY GM HOLLYWOOD BOWL, VP PROD 284464 0 25000 0 0 0 5285 0 30163 0 344912 0 0 0 MEGHAN MARTINEAU VP ARTISTIC PLANNING 250067 0 40000 0 0 0 5646 0 28641 0 324354 0 0 0 JOHANNA REES VP, PRESENTATIONS 256204 0 25000 0 0 0 0 0 40992 0 322196 0 0 0 THOMAS HOOTEN STAFF MUSICIAN 239399 0 0 0 18330 0 10400 0 40071 0 308200 0 0 0 RENAE WILLIAMS NILES CHIEF CONTENT OFFICER 244231 0 40000 0 0 0 0 0 17700 0 301931 0 0 0 NORA BRADY VP OF MARKETING 213395 0 40000 0 0 0 5722 0 40992 0 300109 0 0 0 SUMMER BJORK CHIEF OF STAFF 227288 0 40000 0 0 0 5874 0 23643 0 296805 0 0 0 NATHAN COLE STAFF MUSICIAN 217405 0 0 0 18330 0 10400 0 40071 0 286206 0 0 0 ROBERT DEMAINE STAFF MUSICIAN 215020 0 0 0 18330 0 10600 0 40071 0 284021 0 0 0 STEPHEN BIAGINI LIBRARIAN 213421 0 7500 0 0 0 6620 0 40071 0 267612 0 0 0 ELSJE KIBLE-VERMASS VP LEARNING 192531 0 25000 0 0 0 0 0 23643 0 241174 0 0 0 SARA KIM VP OF PHILANTHROPY 155526 0 6147 0 0 0 4073 0 11185 0 176931 0 0 0 EMANUEL MAXWELL CHIEF TALENT & EQUITY OFFICER 102845 0 55000 0 0 0 0 0 14079 0 171924 0 0 0 PART I, LINE 1A QUESTIONS REGARDING COMPENSATION UNDER THE TERMS OF THE COLLECTIVE BARGAINING AGREEMENT, MEMBERS OF LOCAL 47, AMERICAN FEDERATION OF MUSICIANS (THE "MUSICIANS UNION"), RECEIVE A WEEKLY HOUSING ALLOWANCE, WHICH IS INCLUDED AS TAXABLE COMPENSATION REPORTED ON FORM W-2. PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: ONE OFFICER PARTICIPATES IN A 457(F) PLAN. THE ASSOCIATION CONTRIBUTED $100,000 TO THE PLAN IN 2021. THE PLAN WILL BE FULLY VESTED AND DISTRIBUTED IN 2022. PART I, LINE 7 NON-FIXED PAYMENTS CERTAIN LISTED INDIVIDUALS RECEIVE BONUSES AT THE DISCRETION OF THE BOARD OF DIRECTORS. THESE BONUSES ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(II). COMPENSATION RECEIVED FROM UNRELATED ORGANIZATION GUSTAVO DUDAMEL RAMIREZ SERVES AS THE MUSIC & ARTISTIC DIRECTOR OF THE LA PHILHARMONIC ASSOCIATION AS A SALARIED EMPLOYEE. IN ADDITION TO THIS ROLE, MR. RAMIREZ PROVIDES SERVICES AS A CONDUCTOR TO THE ASSOCIATION. MR. RAMIREZ IS COMPENSATED FOR CONDUCTOR SERVICES THROUGH PAYMENTS TO HIS CORPORATION, EGMONT CORPORATION. THE AMOUNTS PAID TO EGMONT FOR HIS CONDUCTING SERVICES ARE INCLUDED AS COMPENSATION IN PART VII AND SCHEDULE J. THESE AMOUNTS ARE ALSO DISCLOSED IN PART VII, SECTION B AS EGMONT IS ONE OF THE ORGANIZATION'S HIGHEST PAID CONTRACTORS. X 41 1506573 FMV 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). PART I, LINE 32B: A THIRD-PARTY BROKERAGE COMPANY SELLS DONATED STOCKS ONCE THEY ARE RECEIVED BY THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE FORMULATES, SUPERVISES, AND IMPLEMENTS THE POLICIES OF THE CORPORATION UNDER THE DIRECTION OF THE BOARD OF DIRECTORS. MEMBERS ARE APPOINTED TO THE EXECUTIVE COMMITTEE, WHICH CONSISTS OF THE CHAIRMAN OF THE BOARD, VICE CHAIRS, AND THE CHAIRS OF THE MAJOR COMMITTEES. ADDITIONAL DIRECTORS MAY BE APPOINTED BY THE CHAIRMAN AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990, WITH THE EXCEPTION OF SCHEDULE B, IS PROVIDED TO THE AUDIT COMMITTEE FOR THEIR REVIEW PRIOR TO THE MEETING WITH THE TAX ACCOUNTANTS AND STAFF. DURING THIS MEETING, THE AUDIT COMMITTEE INQUIRES AND RECOMMENDS ANY CHANGES NEEDED, THEN APPROVES THE FORM 990 FOR FILING. THE FINAL DRAFT OF THE FORM IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO ELECTRONIC FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS CONFLICTS OF INTEREST ANNUALLY FOR THE BOARD OF DIRECTORS, OFFICERS, AND KEY EMPLOYEES. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE ORGANIZATION WILL COORDINATE WITH LEGAL AND THE BOARD OF DIRECTORS TO RESOLVE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF INDEPENDENT DIRECTORS REVIEWS AND APPROVES IN ADVANCE THE COMPENSATION PACKAGE FOR OFFICERS AND KEY EMPLOYEES BASED ON A COMPARATIVE ANALYSIS OF THE COMPENSATION OF SIMILARLY SITUATED OFFICERS AND EMPLOYEES AT SIMILAR ORGANIZATIONS PREPARED INTERNALLY WITH THE PERIODIC ASSISTANCE OF A QUALIFIED INDEPENDENT COMPENSATION CONSULTANT. FOR THE CEO'S EMPLOYMENT CONTRACT, THE COMPENSATION COMMITTEE ENGAGED AN INDEPENDENT COMPENSATION CONSULTANT TO PROVIDE A DETAILED COMPARATIVE ANALYSIS OF OTHER CEO COMPENSATION AT SIMILAR ORGANIZATIONS TO SUPPORT THE REASONABLENESS OF HIS TOTAL COMPENSATION PACKAGE. THE COMPENSATION TERMS AND THE RESULTS OF BOTH THE INTERNAL AND INDEPENDENT COMPENSATION ANALYSES WERE THEN REVIEWED AND DISCUSSED IN DETAIL WITH THE INPUT OF THE COMPENSATION CONSULTANT AND APPROVED IN ADVANCE BY AN AUTHORIZED BODY OF INDEPENDENT DIRECTORS. FINALLY, THE ENTIRE PROCESS WAS CONCURRENTLY DOCUMENTED DETAILING THE ANALYSIS AND BASIS FOR THE COMPENSATION DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, INFORMATION RETURNS, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A, LINE 5 COMPENSATION RECEIVED FROM UNRELATED ORGANIZATION GUSTAVO DUDAMEL RAMIREZ SERVES AS THE MUSIC & ARTISTIC DIRECTOR OF THE LA PHILHARMONIC ASSOCIATION AS A SALARIED EMPLOYEE. IN ADDITION TO THIS ROLE, MR. RAMIREZ PROVIDES SERVICES AS A CONDUCTOR TO THE ASSOCIATION. MR. RAMIREZ IS COMPENSATED FOR CONDUCTOR SERVICES THROUGH PAYMENTS TO HIS CORPORATION, EGMONT CORPORATION. THE AMOUNTS PAID TO EGMONT FOR HIS CONDUCTING SERVICES ARE INCLUDED AS COMPENSATION IN PART VII AND SCHEDULE J. THESE AMOUNTS ARE ALSO DISCLOSED IN PART VII, SECTION B AS EGMONT IS ONE OF THE ORGANIZATION'S HIGHEST PAID CONTRACTORS. FORM 990, PART XI, LINE 9: PENSION PLAN ACTUARIAL CHANGES 3,706,493. INGLEWOOD COMMUNITY PROGRAMS 151 SOUTH GRAND AVE LOS ANGELES CA 90012 842630102 REAL ESTATE CA 501(C)(3) LINE 12A, I LAPA 1 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 INGLEWOOD COMMUNITY PROGRAMS B 1950439 FMV INGLEWOOD COMMUNITY PROGRAMS D 22425000 FMV