2025-05-14T19:01:21-05:00 2024-06-30 680300457 MACIAS GINI & O'CONNELL LLP 2570 W EL CAMINO REAL 150 MOUNTAIN VIEW CA 94040 990 2023-07-01 946106974 PENINSULA SYMPHONY ASSOC DBA PENINSULA SYMPHONY ASSOC OF NORTHERN CALIFORNIA PENI 6509415291 146 MAIN STREET SUITE 102 LOS ALTOS CA 94022 BEN HOLLIN BOARD CO-CHAIR 6509415291 2025-05-14 1 1 FERNANDA AMARAL P01463232 6502091800 2023 2025-03-06 01:10:19Z BEN HOLLIN 146 MAIN STREET SUITE 102 LOS ALTOS CA 94022 559022 0 X HTTPS://PENINSULASYMPHONY.ORG/ X 2004 CA TO ENRICH THE LIVES OF PEOPLE IN OUR COMMUNITY WITH HIGH-QUALITY MUSICAL PRESENTATIONS AT AFFORDABLE PRICES AND TO PROMOTE MUSIC EDUCATION FOR CHILDREN AND ADULTS 11 11 8 105 0 0 508831 336675 79949 99798 119077 114110 4732 8439 712589 559022 0 0 0 0 301904 443927 0 0 77978 430931 395056 732835 838983 -20246 -279961 4194849 4283571 61581 52358 4133268 4231213 TO ENRICH THE LIVES OF PEOPLE IN OUR COMMUNITY WITH HIGH-QUALITY MUSICAL PRESENTATIONS AT AFFORDABLE PRICES AND TO PROMOTE MUSIC EDUCATION FOR CHILDREN AND ADULTS 0 0 521100 108237 TO ENRICH THE LIVES OF PEOPLE IN OUR COMMUNITY WITH HIGH-QUALITY MUSICAL PRESENTATIONS AT AFFORDABLE PRICES AND TO PROMOTE MUSIC EDUCATION FOR CHILDREN AND ADULTS. 521100 1 1 0 0 0 0 0 0 0 1 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 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X CHELSEA CHAMBERS 6509415291 146 MAIN ST SUITE 102 LOS ALTOS CA 94022 BARBARA ERICKSON TREASURER 6.00 X X 0 0 0 JULIET HAMAK DIRECTOR 6.00 X 0 0 0 DANIEL CHER DIRECTOR 4.00 X 0 0 0 ALEX KUROSAWA DIRECTOR 4.00 X 0 0 0 DIANA LLOYD DIRECTOR 4.00 X 0 0 0 RON MILLER BOARD CO-CHAIR 6.00 X X 0 0 0 DEBORAH PASSANISI DIRECTOR 4.00 X 0 0 0 KATHERINE BUKSTEIN DIRECTOR 4.00 X 0 0 0 BEN HOLLIN BOARD CO-CHAIR 6.00 X X 0 0 0 RANDY NICKEL SECRETARY 6.00 X X 0 0 0 LILLIAN LEE DIRECTOR 6.00 X 0 0 0 JEFF WACHTEL DIRECTOR 4.00 X 0 0 0 SHERI FRUMKIN DIRECTOR 4.00 X 0 0 0 MARIAM GALVARIN DIRECTOR 4.00 X 0 0 0 CHELSEA CHAMBERS EXECUTIVE DIRECTOR 40.00 X 87125 0 0 87125 0 0 1 0 0 0 0 336675 14487 336675 SYMPHONY PERFORMANCES/ 711130 99798 99798 99798 114097 114097 13 0 13 13 13 MISCELLANEOUS 711130 8439 8439 8439 559022 108237 0 114110 191752 101000 58989 31763 187773 93055 94718 14053 8178 5875 20554 15757 4797 29795 15379 11875 2541 19165 19165 41244 41244 37336 4854 25015 7467 2518 2518 CONTRACT LABOR 130004 130004 CONCERT PRODUCTION 99155 99155 DEVELOPMENT 36207 36207 DUES AND FEES 15079 15079 14348 12474 1874 838983 521100 239905 77978 102488 93813 50000 19885 39884 4068070 4095413 4406 4461 4194849 4283571 21106 25772 40475 26586 61581 52358 X 1827195 1702843 2306073 2392570 4133268 4231213 4194849 4283571 -279961 377906 0 X 0 0 0 X 499149 401088 338654 508831 336675 2084397 499149 401088 338654 508831 336675 2084397 2084397 97996 80768 103639 119077 114097 515577 2599974 311131 0.80170 0.90510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2233211 159359 2392570 2152102 81109 2233211 2453097 -300995 2152102 1915426 537671 2453097 1967991 25226 77791 1915426 0 0 0 X PART X, LINE 2: THE ORGANIZATION IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND FRANCHISE TAXES UNDER 23701G OF THE CALIFORNIA REVENUE AND TAXATION CODE. ACCORDINGLY, IT IS EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAXES AND IS NOT LIABLE FOR FEDERAL UNEMPLOYMENT TAXES. THE ORGANIZATION IS LIABLE FOR TAXES ON ITS NET UNRELATED BUSINESS TAXABLE INCOME AT STANDARD CORPORATE RATES. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2021, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A TAX LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. FORM 990, PART VI, SECTION A, LINE 4 NEW SECTION 2 SELECTION OF DIRECTORS. ELECTED DIRECTORS ARE NOW ELECTED AT ANY BOARD MEETING BY A MAJORITY VOTE. ORCHESTRA REPRESENTATIVE IS MORE FULLY EXPLAINED. HE/SHE/THEY WILL BE A VOTING EX-OFFICIO MEMBER, APPOINTED BY THE MUSIC DIRECTOR AND THEIR TERM IS AT THE DISCRETION OF THE MUSIC DIRECTOR. THE MUSIC DIRECTOR AND EX. DIRECTOR ARE THE ONLY NON VOTING EX-OFFICIO DIRECTORS OF THE BOARD. HONORARY DIRECTORS ARE DELETED. SECTION 3 TERM OF OFFICE 3A TERM OF OFFICE - TERMS OF OFFICE ARE THE SAME, BUT THOSE TERMS MAY NOW BEGIN AT ANY TIME AND SHALL BEGIN THE MONTH AND YEAR OF THAT DIRECTOR'S ELECTION. 3C REMOVAL OF DIRECTORS WITHOUT CAUSE - NEW. REMOVAL IS NOW SOLELY VESTED IN THE BOARD. 4. ARTICLE IV BOARD OFFICERS ARE THE CHAIR(S), VICE CHAIR, SECRETARY AND TREASURER. STAFF OFFICERS ARE THE MUSIC DIRECTOR ANDEXECUTIVE DIRECTOR. 1B DELETE ELECTION AT ANNUAL MEETING IN APRIL AND REPLACE WITH JUNE MEETING WHEN OUR FISCAL YEAR ENDS AND WE ARE APPROVING THE BUDGET FOR THE NEXT FISCAL YEAR AND WE ARE REELECTING BOARD OFFICERS. 1 C DUTIES OF CHAIR AND VICE CHAIR - THE PHRASE, 'SHALL HAVE GENERAL SUPERVISION, DIRECTION AND CONTROL OF THE BUSINESS AND AFFAIRS OF PSA 1D ADD AND SHALL REPORT FROM TIME TO TIME TO THE BOARD CONCERNING THE FINANCIAL STATUS OF PSA 5. NEW ARTICLE V CALLED SAFF OFFICERS WHICH DESCRIBES MUSIC DIRECTOR AND EX. DIRECTOR ROLES. ADDED: COMPENSATION AND BENEFITS FOR THE MUSIC /EXECUTIVE DIRECTOR SHALL BE DETERMINED BY A VOTE OF THE BOARD OF DIRECTORS. 9. ARTICLE IX - NEW SECTION, MAINTENANCE OF CERTAIN RECORDS. THERE WAS NO PROVISION IN THE CURRENT BYLAWS MANDATING THE KEEPING OR STORING OF MINUTES OR ACCOUNTING RECORDS. SO THIS WAS ADDED. 10. ARTICLE X REWORDED TO GIVE THE BOARD THE SOLE AUTHORITY TO ADOPT, AMEND OR REPEAL BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 RETURN WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL SIGNING OF CONFLICT OF INTEREST POLICY BY OFFICERS, DIRECTORS/TRUSTEES, AND KEY EMPLOYEES AT TIME OF HIRE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.