2022-06-01T12:01:11-05:00 2021-07-31 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2020-08-01 756004761 FORT WORTH SYMPHONY ORCHESTRA ASSOCIATION FORT 8176656500 330 EAST 4TH STREET NO 200 FORT WORTH TX 76102 BENNETT CEPAK VP FINANCE/CFO 8176656500 2022-05-24 1 BENNETT CEPAK 999009999 MATTHEW PETROSKI P00853132 9726611843 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z BENNETT CEPAK 330 EAST 4TH STREET NO 200 FORT WORTH TX 76102 15911166 0 X WWW.FWSYMPHONY.ORG X 1929 TX PERFORM GREAT SYMPHONIC MUSIC TO EDUCATE, ENTERTAIN, AND ENHANCE LIFE. 62 61 310 68 0 0 4275352 12583708 3381519 1150052 966637 1550803 664652 0 9288160 15284563 0 0 0 0 8403282 8201724 0 0 687404 3788300 3595884 12191582 11797608 -2903422 3486955 29120810 39389813 3216698 2214909 25904112 37174904 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 7991786 1031367 ORCHESTRAL PRODUCTIONS -- 26 SYMPHONIC, 12 POPS AND 3 SPECIAL PERFORMANCES WITH AN ATTENDANCE OF APPROXIMATELY 5,162. AMIDST THE PANDEMIC, THE FWSO MAINTAINED A MODIFIED SEASON ALLOWING FOR SOCIAL DISTANCING WITH A REDUCED CAPACITY. 877683 118685 EDUCATIONAL PROGRAMS -- DURING THE PANDEMIC, FWSO'S EDUCATIONAL PROGRAMS WERE MOVED TO ONLINE PERFORMANCES THROUGH INNOVATIVE APPROACHES REACHING 14,480 STUDENTS VIA KINDERCONCERTS, 15,575 VIA YOUNG PERSONS' CONCERTS AND 8,870 STUDENTS VIA LINKUP WITH CARNEGIE HALL. 8869469 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 1 1 0 0 0 0 0 0 0 0 1 81 0 1 310 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 62 61 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X BENNETT CEPAK 8176656500 330 EAST 4TH STREET SUITE 200 FORT WORTH TX 761024019 DR KEITH CERNY PRESIDENT AND CEO 40.00 X X 212729 0 33937 MERCEDES T BASS CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 JEFF SCHMELTEKOPF CHAIRMAN OF THE EXECUTIVE COMMITTEE 1.00 X X 0 0 0 MARVIN E BLUM TREASURER 1.00 X X 0 0 0 TERESA KING SECRETARY 1.00 X X 0 0 0 MOLLIE L LASATER DIRECTOR 1.00 X 0 0 0 FRASHER H PERGANDE DIRECTOR 1.00 X 0 0 0 JONATHAN T SUDER DIRECTOR 1.00 X 0 0 0 PRISCILLA W MARTIN DIRECTOR 1.00 X 0 0 0 DWAYNE SMITH DIRECTOR 1.00 X 0 0 0 DOTTY HALL DIRECTOR 1.00 X 0 0 0 MARIANNE AULD DIRECTOR 1.00 X 0 0 0 VICTOR J BOSCHINI JR DIRECTOR 1.00 X 0 0 0 DR ASAD DEAN DIRECTOR 1.00 X 0 0 0 PETER EYESTONE 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 BARRY L GREEN DIRECTOR 1.00 X 0 0 0 AARON HOWARD DIRECTOR 1.00 X 0 0 0 DEE J KELLY JR DIRECTOR 1.00 X 0 0 0 LOUELLA MARTIN DIRECTOR 1.00 X 0 0 0 COLIN MCCONNELL 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 HENRY H ROBINSON DIRECTOR 1.00 X 0 0 0 ALANN BEDFORD SAMPSON DIRECTOR 1.00 X 0 0 0 ED SCHOLLMAIER DIRECTOR 1.00 X 0 0 0 THOMAS L SMITH DIRECTOR 1.00 X 0 0 0 JEAN ROACH DIRECTOR 1.00 X 0 0 0 AMY ROACH BAILEY DIRECTOR 1.00 X 0 0 0 ASHLI BLUMENFELD DIRECTOR 1.00 X 0 0 0 MRS L O BRIGHTBILL III 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 DR RON DANIELL DIRECTOR 1.00 X 0 0 0 MITZI DAVIS DIRECTOR 1.00 X 0 0 0 JOSEPH DEWOODY DIRECTOR 1.00 X 0 0 0 VANCE A DUFFY 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 GENIE GUYNN DIRECTOR 1.00 X 0 0 0 KATHLEEN HICKS DIRECTOR 1.00 X 0 0 0 QIONG HULSEY DIRECTOR 1.00 X 0 0 0 ROBERT L JAMESON DIRECTOR 1.00 X 0 0 0 KIM JOHNSON DIRECTOR (AS OF 01/21) 1.00 X 0 0 0 ANN KOONSMAN DIRECTOR (THRU 06/21) 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 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 (AS OF 03/21) 1.00 X 0 0 0 CARA OWENS DIRECTOR 1.00 X 0 0 0 JUDE RYAN DIRECTOR 1.00 X 0 0 0 KAL SILVERBERG 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 DIRECTOR (AS OF 02/21) 1.00 X 0 0 0 MRS KELLY R THOMPSON DIRECTOR 1.00 X 0 0 0 LON T WERNER DIRECTOR 1.00 X 0 0 0 J W WILSON DIRECTOR 1.00 X 0 0 0 DR LEONARD DAY DIRECTOR (THRU 01/21) 1.00 X 0 0 0 MARY JEANNE DYESS DIRECTOR (THRU 07/21) 1.00 X 0 0 0 SHERRY J KEY DIRECTOR (THRU 02/21) 1.00 X 0 0 0 MRS BOBBY J WROTEN DIRECTOR (THRU 12/20) 1.00 X 0 0 0 STATHIS MICHAELIDES DIRECTOR (THRU 10/20) 1.00 X 0 0 0 DAVID SANDERS VP FINANCE AND CFO 40.00 X 123537 0 12215 MIGUEL HARTH-BEDOYA MUSIC DIRECTOR 40.00 X 174217 0 21605 MICHAEL SHIH CONCERT MASTER 40.00 X 129264 0 21574 CARRIE ADAMIAN CHIEF MARKETING OFFICER 40.00 X 140710 0 8468 JULIE BAKER VP DEVELOPMENT 40.00 X 136095 0 9102 REBECCA TOBIN VP ARTISTIC MASTER 40.00 X 104878 0 14237 1021430 0 121138 6 0 1 0 HCK2 3875 PONTE AVE SUITE 420 ADDISON TX 75001 MARKETING AND CREATIVE SERVICE 188889 ONSTAGE SYSTEMS 8721 FORNEY RD DALLAS TX 75227 AUDITORIUM EQUIPMENT AND STAGE SETUP 160207 2 467350 3357971 8758387 475808 12583708 SUBSCRIPTION CONCERTS 711130 658399 658399 SPECIALS 711130 198348 198348 SINGLE TICKET SALES 711130 174620 174620 HANDLING, FACILITY, PA 711130 52140 52140 EDUCATIONAL CONCERTS 711130 36545 36545 30000 30000 1150052 531819 531819 1240903 221919 1018984 1018984 1018984 404684 467350 404684 0 15284563 1150052 0 1550803 485248 103462 278324 103462 6186858 4919776 932168 334914 314370 264202 36371 13797 1215248 1014366 142081 58801 115968 115968 114460 114460 133498 72345 33712 27441 293026 292522 426 78 550595 159672 330358 60565 1679 487 1007 185 134583 39029 80750 14804 165492 165492 81251 73752 6337 1162 PRODUCTION EXPENSES 1526995 1526995 HALL RENTAL 310672 310672 COVID HEALTH AND SAFETY 96072 92189 3281 602 DEVELOPMENT 71593 71593 11797608 8869469 2240735 687404 0 0 1390804 2300687 444793 1279250 49574 39177 628311 1759551 1684725 1367133 331597 317592 24802888 31983721 1472843 1709835 29120810 39389813 179327 516037 1447997 1698872 1589374 0 3216698 2214909 X -759476 1139218 26663588 36035686 25904112 37174904 29120810 39389813 X 3486955 5607471 1939374 236992 X X 0 1 X 1 0 X 5863827 6145770 3041880 4134961 12531042 31717480 5863827 6145770 3041880 4134961 12531042 31717480 19208640 12508840 723769 617075 584735 518739 531819 2976137 7693 32796 106480 104038 251007 34944624 18932317 0.35800 0.55640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25202888 1706716 7040020 1240903 32708721 24551057 500000 1534565 1382734 25202888 26275163 -534241 25740922 25157315 2519697 1398849 26278163 25107069 2719937 2672691 25154315 0.00000 0.78940 0.21060 0 0 16138 13618 2520 494743 409871 84872 1173844 943644 230200 317592 X 21024859 5607471 10293 236992 5854756 15170103 114460 114460 15284563 11693441 10293 10293 11683148 114460 114460 11797608 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, 2021 AND 2020, 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 236,992. ANNUAL GALA 872034 467350 404684 36650 117246 117179 90136 43473 872034 467350 404684 36650 117246 117179 90136 43473 404684 0 X X X 0 0 0 0 0 0 0 0 0 DR KEITH CERNY PRESIDENT AND CEO 212729 0 0 0 0 0 11250 0 22687 0 246666 0 0 0 MIGUEL HARTH-BEDOYA MUSIC DIRECTOR 174217 0 0 0 0 0 9917 0 11688 0 195822 0 0 0 MICHAEL SHIH CONCERT MASTER 129264 0 0 0 0 0 5232 0 16342 0 150838 0 0 0 LUTHER KING CAPITAL MANAGEMENT HUSBAND OF THERESA KING, BOARD SECRETARY 56388 INVESTMENT MANAGEMENT FEES 0 X 5 173305 FMV X JEWELRY 1 36650 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 236,992. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.