2025-01-22T14:53:12-06:00 2023-08-31 205991824 SC&H GROUP INC 910 RIDGEBROOK ROAD SPARKS MD 21152 990 2022-09-01 520629696 BALTIMORE SYMPHONY ORCHESTRA INC BALT 4107838100 1212 CATHEDRAL STREET BALTIMORE MD 212015517 ANN BROMERY CFO 4107838090 2025-01-22 1 LORI S BURGHAUSER P00370694 4104031500 2025-01-22 2022 2024-10-15 13:58:12Z MARK C HANSON 1212 CATHEDRAL STREET BALTIMORE MD 212015517 31091370 0 X WWW.BSOMUSIC.ORG X 1942 MD PROVIDING SYMPHONIC CONCERTS, CULTURAL AND EDUCATIONAL. 33 32 714 162 0 0 21334384 23931958 5506905 5899631 -27506 15777 98043 309146 26911826 30156512 0 0 0 0 18557708 21980162 0 403344 3147914 9916680 11333323 28474388 33716829 -1562562 -3560317 8452238 9275131 19751238 21457131 -11299000 -12182000 X THE BALTIMORE SYMPHONY ORCHESTRA'S (BSO) MISSION IS TO PROMOTE, ORGANIZE, MANAGE AND MAINTAIN A SYMPHONY ORCHESTRA FOR THE CITY OF BALTIMORE AND THE STATE OF MARYLAND AND TO HOLD, SPONSOR, AND PRESENT MUSICAL CONCERTS BY THE BALTIMORE SYMPHONY ORCHESTRA. BSO IS AN INTERNATIONALLY RECOGNIZED SYMPHONY ORCHESTRA THAT HAS ATTRACTED A DEVOTED NATIONAL AND INTERNATIONAL FOLLOWING WHILE MAINTAINING DEEP BONDS THROUGHOUT MARYLAND WITH INNOVATIVE EDUCATION AND COMMUNITY OUTREACH INITIATIVES. 0 0 27261147 5899631 PROVIDES SYMPHONIC CONCERTS, CULTURAL AND EDUCATION PRESENTATIONS, CULTURAL AND EDUCATIONAL RENTALS, BROADCASTING AND RECORDING. 27261147 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 212 0 1 714 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 33 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD VA PA X X ANN BROMERY 4107838090 1212 CATHEDRAL STREET BALTIMORE MD 212015517 MR MARK HANSON PRESIDENT AND CEO 32.00 8.00 X X 221484 55370 42650 MR BARRY F ROSEN CHAIR 2.00 1.00 X X 0 0 0 HON STEVEN R SCHUH VICE CHAIR 2.00 1.00 X X 0 0 0 MR CHRISTIAN JOHANSSON VICE CHAIR 2.00 0.00 X X 0 0 0 MR MICHAEL FORSTER TREASURER, BOARD MEMBER 2.00 0.00 X X 0 0 0 MS TERRY M RUBENSTEIN TREASURER, BOARD MEMBER (PART YEAR) 2.00 0.00 X X 0 0 0 MS MAGGIE DE CUEVAS SECRETARY, BOARD MEMBER 2.00 0.00 X X 0 0 0 DR MARSHALL A LEVINE SECRETARY (PART YEAR), BOARD MEMBER 2.00 0.00 X X 0 0 0 MS LISA BROWN ALEXANDER BOARD MEMBER 2.00 0.00 X 0 0 0 MR CHUCK ALSTON BOARD MEMBER 2.00 0.00 X 0 0 0 MS MARY ELLEN BARBERA BOARD MEMBER 2.00 0.00 X 0 0 0 MR RICK BERNSTEIN BOARD MEMBER 2.00 0.00 X 0 0 0 MS KAPPIE BOGART BOARD MEMBER 2.00 0.00 X 0 0 0 MS KATHLEEN A CHAGNON ESQ BOARD MEMBER 2.00 0.00 X 0 0 0 MR AUGUST J CHIASERA BOARD MEMBER (PART YEAR) 2.00 0.00 X 0 0 0 MR HARVEY COHEN BOARD MEMBER 2.00 0.00 X 0 0 0 MR ROBERT B COUTTS BOARD MEMBER 2.00 0.00 X 0 0 0 MR WALTER DOGGETT III BOARD MEMBER 2.00 0.00 X 0 0 0 MR MICHAEL ERNST BOARD MEMBER 2.00 0.00 X 0 0 0 MS ELLEN R FISH BOARD MEMBER 2.00 0.00 X 0 0 0 MS DENISE GALAMBOS BOARD MEMBER 2.00 0.00 X 0 0 0 MS SANDRA LEVI GERSTUNG BOARD MEMBER 2.00 0.00 X 0 0 0 MS DENISE HARGROVE BOARD MEMBER 2.00 0.00 X 0 0 0 MR DOUGLAS HAMILTON III BOARD MEMBER 2.00 0.00 X 0 0 0 MR JOSEPH JENNINGS JR BOARD MEMBER 2.00 0.00 X 0 0 0 MS NANCY KOOP BOARD MEMBER 2.00 0.00 X 0 0 0 DR SUNIL KUMAR BOARD MEMBER (PART YEAR) 2.00 0.00 X 0 0 0 MR MARC E LACKRITZ BOARD MEMBER 2.00 0.00 X 0 0 0 MS MARIE LERCH BOARD MEMBER 2.00 0.00 X 0 0 0 MR JASON PERRY BOARD MEMBER 2.00 0.00 X 0 0 0 MS JUDY PHARES BOARD MEMBER 2.00 0.00 X 0 0 0 MR STEPHEN D SHAWE ESQ BOARD MEMBER 2.00 0.00 X 0 0 0 HON JAMES T SMITH JR BOARD MEMBER 2.00 0.00 X 0 0 0 MR SOLOMON H SNYDER MD BOARD MEMBER 2.00 0.00 X 0 0 0 MR BARRY WILLIAMS BOARD MEMBER 2.00 0.00 X 0 0 0 MR PETER L WINIK BOARD MEMBER 2.00 0.00 X 0 0 0 MR JEFFREY T ZOLLER BOARD MEMBER (PART YEAR) 2.00 0.00 X 0 0 0 MR JOHN G MCLEAN JR SR. VP & CFO 36.00 4.00 X 113075 12563 11182 MS ALLISON BURR-LIVINGSTONE SR. VP AND CHIEF ADV. OFFICER 30.00 10.00 X 135148 45048 40228 MR BRIAN SMITH SR. VP & CHR 30.00 10.00 X 171158 0 25566 MR EDWARD CARNEY CONCERT MASTER 40.00 0.00 X 268557 0 41012 MS KATHERINE NEEDLEMAN MUSICIAN 40.00 0.00 X 169065 0 34124 MR MARIO SERRUTO HEAD STAGEHAND 40.00 0.00 X 165149 0 19270 MR TODD PRICE HEAD STAGEHAND 40.00 0.00 X 163292 0 19270 MR JACOB STURGIS HOUSE ELECTRICIAN 40.00 0.00 X 143206 0 18550 MR PETER KJOME FORMER PRESIDENT AND CEO 0.00 0.00 X 59100 14776 1665 MS MARIN ALSOP MUSIC DIRECTOR 0.00 0.00 X 300000 0 0 1909234 127757 253517 10 1 1 0 OPUS 3 ARTISTS LLC 348 W 57TH ST SUITE 282 NEW YORK NY 10019 CONDUCTORS/GUEST ARTISTS 408000 JAMES CONLON 135 NORTH GRAND AVENUE LOS ANGELES CA 90012 MUSIC DIRECTOR 229167 DISPEKER ARTISTS INTERNATIONAL 195 CHRYSTIE ST STE 809J NEW YORK NY 10002 ARTISTIC CONSULTANT 172746 MK'S CLEANING SERVICES PO BOX 42004 TOWSON MD 21284 CONTRACTUAL MAINTENANCE 169484 COMMUNITY COUNSELING SERVICE COMPANY PO BOX 824885 PHILADELPHIA PA 19182 FUNDRAISING CONSULTING 140504 8 622655 3550000 7507495 12251808 723535 23931958 CONCERT INCOME 711130 4993186 4993186 EDUCATION REVENUE 711130 544794 544794 BSYO TUITION REVENUE 711130 361651 361651 5899631 2650 2650 182 182 750132 348780 401352 401352 401352 13127 0 13127 13127 13127 216285 622655 586078 -369793 -369793 CONCESSIONS 722513 154650 154650 VENDOR REFUND 900099 66029 66029 MISCELLANEOUS REVENUE 900099 56726 56726 277405 30156512 5899631 0 324923 X 752036 225611 376018 150407 15642223 13516756 1034039 1091428 1762304 1606684 155620 2609023 2351363 53658 204002 1214576 1033764 94537 86275 1234 1234 99269 99269 63272 63272 403344 403344 3479688 3122677 257113 99898 1972752 1458398 514354 338227 226391 105092 6744 342099 2000 340099 1976653 1844080 132573 686107 630882 41722 13503 407748 407748 137146 137146 254533 5630 248903 CREDIT CARD FEES 446615 446615 OTHER EXPENSES 321699 148438 30129 143132 ANNUAL FUND WRITE OFF E 290638 290638 EQUIPMENT RENTAL 272732 272732 242911 231980 -685 11616 33716829 27261147 3307768 3147914 750 750 1738668 4075095 3234014 1231385 641052 311119 30654 30654 991078 1072288 3390265 2923572 519312 466693 1296710 2087147 8452238 9275131 921344 1614512 4108108 4692921 1110000 2240000 13611786 12909698 19751238 21457131 X -14847000 -16076000 3548000 3894000 -11299000 -12182000 8452238 9275131 X -3560317 800000 1877317 X X 0 1 X 1 0 X 14220976 22529011 19446942 21334384 23931958 101463271 14220976 22529011 19446942 21334384 23931958 101463271 3930641 97532630 616050 175519 3541 499076 752964 2047150 240853 84214 72995 430092 493690 1321844 104832265 26969856 0.93040 0.96460 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CONCESSIONS AND OTHER - 2018 AMOUNT: $ 147,360. 2019 AMOUNT: $ 57,259. 2021 AMOUNT: $ 293,172. 2022 AMOUNT: $ 277,405. FUNDRAISING - 2018 AMOUNT: $ 93,493. 2020 AMOUNT: $ 72,995. 2021 AMOUNT: $ 136,920. 2022 AMOUNT: $ 216,285. BSA GIFT SHOP - 2019 AMOUNT: $ 26,955. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 63272 63272 27194867 27258139 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 43101 12997 68593 63272 187963 250000 250000 250000 250000 1000000 1500000 43101 12997 68593 63272 187963 70633645 1507663 6496316 3550000 1792667 275316 73019641 83627000 1282119 -10267708 3372258 261763 373745 70633645 71259587 947859 15397000 3449210 426429 101807 83627000 67520059 3254990 5873000 3558565 1726642 102255 71260587 72645812 1874838 759241 3625335 4033578 100919 67520059 1.00000 0 1 1 62189 14383 47806 3328076 2909189 418887 466693 DUE FROM AFFILIATES 1829144 RIGHT OF USE ASSETS - OPERATING 258003 2087147 ACCRUED PENSION COSTS 4662900 DUE TO AFFILIATES 7988795 RIGHT OF USE LIABILITIES - OPERATING 258003 12909698 X PART V, LINE 4: THE ENDOWMENT IS HELD BY THE BALTIMORE SYMPHONY ENDOWMENT TRUST, A SUPPORTING ORGANIZATION. THE ENDOWMENT IS USED TO SUPPORT THE CHARITABLE, LITERARY AND EDUCATIONAL PURPOSES ASSOCIATED WITH THE PROMOTION OF AN APPRECIATION OF ORCHESTRAL AND SYMPHONIC MUSIC. PART X, LINE 2: ASC 740, INCOME TAXES (ASC 740), PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AS WELL AS GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES AND CONSOLIDATED FINANCIAL STATEMENT REPORTING DISCLOSURES. FOR THESE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE SYMPHONY CONTINUES TO REMAIN SUBJECT TO EXAMINATION BY U.S. FEDERAL AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS. THE SYMPHONY RECOGNIZES INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX EXPOSURE AS A COMPONENT OF INCOME TAX EXPENSE. THE SYMPHONY DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF AUGUST 31, 2023 AND 2022. X X X X X X X 0 COMMUNITY COUNSELING SERVICE COMPANY PO BOX 824885 PHILADELPHIA PA 19182 CAMPAIGN CONSULTING 0 0 403344 0 403344 MD VA PA GALA 838940 622655 216285 152269 124836 91000 217973 838940 622655 216285 152269 124836 91000 217973 586078 -369793 SCHEDULE G, PART I, LINE 2B, COLUMN (V) COMMUNITY COUNSELING SERVICE COMPANY PROVIDED CAMPAIGN CONSULTING, INTERIM SUPPORT STAFF AND STRATEGIC DIRECTION TO A COMPREHENSIVE FUNDRAISING CAMPAIGN. IT DID NOT SOLICIT CONTRIBUTIONS. X X X 0 1 0 0 0 0 0 0 0 MR MARK HANSON PRESIDENT AND CEO 221434 55358 0 0 50 12 15973 3993 18147 4537 255604 63900 0 0 MR EDWARD CARNEY CONCERT MASTER 268161 0 0 0 396 0 820 0 40192 0 309569 0 0 0 MS MARIN ALSOP MUSIC DIRECTOR 0 0 0 0 300000 0 0 0 0 0 300000 0 0 0 MS ALLISON BURR-LIVINGSTONE SR. VP AND CHIEF ADV. OFFICER 135107 45035 0 0 41 13 1875 625 28296 9432 165319 55105 0 0 MS KATHERINE NEEDLEMAN MUSICIAN 169005 0 0 0 60 0 820 0 33304 0 203189 0 0 0 MR BRIAN SMITH SR. VP & CHR 170396 0 0 0 762 0 2500 0 23066 0 196724 0 0 0 MR MARIO SERRUTO HEAD STAGEHAND 165089 0 0 0 60 0 0 0 19270 0 184419 0 0 0 MR TODD PRICE HEAD STAGEHAND 163202 0 0 0 90 0 0 0 19270 0 182562 0 0 0 MR JACOB STURGIS HOUSE ELECTRICIAN 143206 0 0 0 0 0 0 0 18550 0 161756 0 0 0 MR PETER KJOME FORMER PRESIDENT AND CEO 13570 3393 0 0 45530 11383 0 0 1332 333 60432 15109 45506 11377 PART I, LINE 4B DURING CALANDER YEAR 2022, THE FOLLOWING PARTICIPATED IN THE BALTIMORE SYMPHONY ORCHESTRA, INC. SUPPLEMENTAL EXECUTIVE DEFERRED COMPENSATION PLAN ("SERP"): MARK HANSON $17,466 DURING CALENDAR YEAR 2022, THE FOLLOWING RECEIVED PAYMENTS AS PART OF THEIR PARTICIPATION IN THE SERP PLAN: PETER KJOME $56,883 PETER KJOMES'S COMPENSATION IS FOR SERVICES PROVIDED AS THE CEO OF BSO AND BSET, NOT FOR SERVICES AS A FORMER DIRECTOR. PART II, LINE 4, DISCLOSURE INFORMATION OPUS 3 ARTISTS, LLC A COMPANY THAT MANAGES DISTINGUISHED PERFORMING ARTISTS, WAS PAID $159,000, AS AN INDEPENDENT CONTRACTOR FOR MARIN ALSOP'S INDEPENDENT SERVICES OUTSIDE OF HER COMPENSATION AGREEMENT WITH THE BSO. X 50 693203 FMV X INSTRUMENTS 7 18716 FMV X EVENT MATERIALS 2 11616 FMV 0 0 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE, A SUB-COMMITTEE OF THE BOARD OF DIRECTORS, PRIOR TO SUBMISSION. A COPY OF THE FORM 990 WAS ALSO EMAILED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BSO HAS A CONFLICT OF INTEREST POLICY THAT IS AVAILABLE TO ALL EMPLOYEES IN THE STAFF EMPLOYEE HANDBOOK. THE HANDBOOK IS ISSUED TO EVERY NEW EMPLOYEE OF THE BSO AND THE EMPLOYEE MUST SIGN TO SAY THAT THEY HAVE READ AND UNDERSTOOD THE INFORMATION PROVIDED. THE CONFLICT OF INTEREST POLICY IS MONITORED BY MANAGEMENT WITH EMPHASIS ON THOSE AREAS THAT ARE ESPECIALLY SUSCEPTIBLE TO POSSIBLE CONFLICTS. ANY POTENTIAL CONFLICTS WOULD BE DEALT WITH ON AN INDIVIDUAL BASIS BY THE PRESIDENT/CEO AND THE DIRECTOR OF HUMAN RESOURCES AS NECESSARY. THE POLICY AND ITS APPLICATION SHALL BE REVIEWED ANNUALLY FOR THE INFORMATION AND GUIDANCE OF DIRECTORS, OFFICERS, AND STAFF MEMBERS, EACH OF WHOM HAS A CONTINUING RESPONSIBILITY TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS OF INTEREST, AND MAKE SUCH DISCLOSURES AS DESCRIBED IN THIS POLICY. EACH DIRECTOR AND SENIOR STAFF MEMBER WILL BE ASKED TO COMPLETE A CERTIFICATION OF AGREEMENT WITH THE POLICY AND DISCLOSURE OF ANY KNOWN CONFLICTS OF INTEREST UPON HIS OR HER ELECTION OR RE-ELECTION TO THE BOARD OR COMMENCEMENT OF EMPLOYMENT AND ANNUALLY THEREAFTER. FORM 990, PART VI, SECTION B, LINE 15A BSO FORMED A COMPENSATION COMMITTEE TO SPECIFICALLY DEAL WITH THE CONTRACT OF THE PRESIDENT AND CEO. THE COMMITTEE INITIATED RESEARCH TO DETERMINE REASONABLE COMPENSATION. THAT RESEARCH WAS BASED ON COMPENSATION INFORMATION RECEIVED FROM ORCHESTRAS OF COMPARABLE SIZE IN REVENUE, SEASON LENGTH AND ORCHESTRA SIZE. UPON REVIEW OF THE DATA RECEIVED, THE COMMITTEE REACHED A CONCLUSION AND THE SPECIFIC CONTRACT WAS NEGOTIATED DIRECTLY WITH THE EMPLOYEE. IT IS THE INTENTION OF THE BOARD OF DIRECTORS TO KEEP THE COMPENSATION COMMITTEE ACTIVE AND AVAILABLE TO HANDLE COMPENSATION ISSUES OF THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 695,294. MANAGEMENT AND GENERAL EXPENSES 257,113. FUNDRAISING EXPENSES 99,898. TOTAL EXPENSES 1,052,305. CONDUCTORS & GUEST ARTISTS: PROGRAM SERVICE EXPENSES 2,427,383. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,427,383. FORM 990, PART XI, LINE 9: PENSION RELATED CHANGES INCLUDING NET PERIODIC PENSION COSTS 1,877,317. FORM 990, PAGE 12, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BALTIMORE SYMPHONY ENDOWMENT TRUST 1212 CATHEDRAL STREET BALTIMORE MD 21201 770659339 SUPPORT APPRECIATION OF ORCHESTRAL AND SYMPHONIC MUSIC MD 501(C)(3) LINE 12A, I BALTIMORE SYMPHONY ORCHESTRA INC 1 CATHEDRAL PARKING INC 1212 CATHEDRAL STREET BALTIMORE MD 21201 521239270 PARKING GARAGE MD N/A C 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 BALTIMORE SYMPHONY ENDOWMENT TRUST C 3550000 FMV BALTIMORE SYMPHONY ENDOWMENT TRUST E 2240000 FMV BALTIMORE SYMPHONY ENDOWMENT TRUST O 243125 FMV BALTIMORE SYMPHONY ENDOWMENT TRUST E 6159651 FMV