2022-07-06T15:20:20-05:00 2021-08-31 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1400 BELLEVUE WA 98004 990 2020-09-01 910667412 SEATTLE SYMPHONY ORCHESTRA INC SEAT 2062154700 PO BOX 21906 SEATTLE WA 981113906 CHERONNE WONG VICE PRESIDENT & CFO 2062154700 2022-07-05 1 CHERONNE WONG 999009999 MEGAN R RYAN P00737884 4254544919 2022-07-05 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z CHERONNE WONG PO BOX 21906 SEATTLE WA 981113906 32866535 0 X WWW.SEATTLESYMPHONY.ORG X 1903 WA SEATTLE SYMPHONY UNLEASHES THE POWER OF MUSIC, BRINGS PEOPLE TOGETHER, & LIFTS THE HUMAN SPIRIT. 41 41 389 368 1472 0 20437745 28370285 9650532 1626884 162253 216853 -10950 -37446 30239580 30176576 350000 350000 0 0 21984907 14262043 15775 0 2331197 6507616 3772388 28858298 18384431 1381282 11792145 18857224 25684308 23143684 13488065 -4286460 12196243 TO PRESENT SYMPHONIC MUSIC OF THE HIGHEST QUALITY IN A DISTINCTIVE WAY FOR THE CULTURAL ENRICHMENT, EDUCATION, ENGAGEMENT AND ENJOYMENT OF THE PEOPLE OF OUR COMMUNITY. 0 0 12416708 350000 1636929 THE SEATTLE SYMPHONY IS ONE OF AMERICA'S LEADING ORCHESTRAS, AND IS INTERNATIONALLY ACCLAIMED FOR ITS INNOVATIVE PROGRAMMING AND EXTENSIVE RECORDING HISTORY. THE COVID-19 PANDEMIC RESULTED IN THE CANCELLATION OF MOST OF SEATTLE SYMPHONY'S IN-PERSON SEPTEMBER-JULY CONCERTS. TO REACH AUDIENCES SAFELY, THE SYMPHONY LAUNCHED SEATTLE SYMPHONY LIVE, A DIGITAL BROADCASTING PLATFORM. HOWEVER, THE PLATFORM PROVIDED ONLY A FRACTION OF PRE-PANDEMIC CONCERT ATTENDANCE, REACHING ROUGHLY 3,500 HOUSEHOLDS EACH WEEK. THE SYMPHONY ALSO PROVIDED STREAMING SERVICES TO OTHER ARTISTIC ORGANIZATIONS AND COMMUNITY GROUPS EVENTS TAKING PLACE AT BENAROYA HALL. 218338 WHILE THE COVID-19 PANDEMIC RESTRICTED ARTS EDUCATION PROGRAMMING, THE NEW STREAMING PLATFORM, SEATTLE SYMPHONY LIVE, HAS ENHANCED THE SYMPHONY'S EDUCATION AND COMMUNITY ENGAGEMENT OUTREACH, WITH ALL PROGRAMS FOR PUBLIC BENEFIT NOW PROVIDED DIGITALLY. CONSEQUENTLY, THERE HAS BEEN GROWTH IN THE GEOGRAPHIC REACH FOR THESE PROGRAMS, WITH FAMILIES, STUDENTS AND TEACHERS ACROSS THE STATE AND EVEN CANADA NOW PARTICIPATING IN THE LINK UP AND YOUNG COMPOSERS WORKSHOP PROGRAMS. 12635046 1 1 0 1 0 0 0 1 0 0 1 0 0 1 1 0 0 1 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 114 0 389 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 41 41 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WA X CHERONNE WONG 2062154700 200 UNIVERSITY STREET SEATTLE WA 98101 RENE ANCINAS CHAIR 2.00 2.00 X X 0 0 0 PAULA BOGGS VICE CHAIR 2.00 0.00 X X 0 0 0 JUDITH FONG VICE CHAIR 2.00 0.00 X X 0 0 0 CHERYL LEE SECRETARY 2.00 0.00 X X 0 0 0 BEN MARTZ TREASURER & VICE CHAIR 2.00 2.00 X X 0 0 0 DANA REID VICE CHAIR 2.00 0.00 X X 0 0 0 JON ROSEN VICE CHAIR 2.00 0.00 X X 0 0 0 SUSAN AMINI DIRECTOR 2.00 0.00 X 0 0 0 MARCO ARGENTI DIRECTOR 2.00 0.00 X 0 0 0 SUSAN COUGHLIN DIRECTOR 2.00 0.00 X 0 0 0 ISIAAH CRAWFORD DIRECTOR 2.00 0.00 X 0 0 0 SUSAN DETWEILER DIRECTOR 2.00 0.00 X 0 0 0 JERRY FARLEY DIRECTOR 2.00 0.00 X 0 0 0 MOLLY GABEL DIRECTOR 2.00 0.00 X 0 0 0 MIMI GATES DIRECTOR 2.00 0.00 X 0 0 0 MAURICIO GONZALEZ DE LA FUENTE DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL HATCH DIRECTOR 2.00 2.00 X 0 0 0 TERRY HECKER DIRECTOR 2.00 0.00 X 0 0 0 JEAN-FRANCOIS HEITZ DIRECTOR 2.00 2.00 X 0 0 0 PARUL HOULAHAN DIRECTOR 2.00 0.00 X 0 0 0 DOUGLAS JACKSON DIRECTOR 2.00 0.00 X 0 0 0 LESLIE JACKSON CHIHULY DIRECTOR 2.00 2.00 X 0 0 0 SUSAN JOHANNSEN DIRECTOR 2.00 0.00 X 0 0 0 RONALD KOO DIRECTOR 2.00 2.00 X 0 0 0 RYO KUBOTA DIRECTOR 2.00 0.00 X 0 0 0 PAUL LEACH DIRECTOR 2.00 0.00 X 0 0 0 DOROTHY LI DIRECTOR 2.00 0.00 X 0 0 0 KJRISTINE R LUND DIRECTOR 2.00 2.00 X 0 0 0 DIENA MANN DIRECTOR 2.00 0.00 X 0 0 0 BRIAN J MARKS DIRECTOR 2.00 0.00 X 0 0 0 SCOTT MCCAMMANT DIRECTOR 2.00 0.00 X 0 0 0 MARSHAL MCREAL DIRECTOR 2.00 0.00 X 0 0 0 HISAYO NAKAJIMA DIRECTOR 2.00 0.00 X 0 0 0 NANCY NERAAS DIRECTOR 2.00 0.00 X 0 0 0 DICK PAUL DIRECTOR 2.00 0.00 X 0 0 0 ELISABETH BEERS SANDLER DIRECTOR 2.00 0.00 X 0 0 0 JENNY SCHULTZ DIRECTOR 2.00 0.00 X 0 0 0 JIM SCHWAB DIRECTOR 2.00 2.00 X 0 0 0 CHUCK SCHWEIZER DIRECTOR 2.00 0.00 X 0 0 0 LYLE SNYDER DIRECTOR 2.00 0.00 X 0 0 0 SWIL KANIM DIRECTOR 2.00 0.00 X 0 0 0 KRISHNA THIAGARAJAN PRESIDENT & CEO 33.00 2.00 X 304172 0 40484 CHERONNE WONG VICE PRESIDENT & CFO 25.00 10.00 X 159294 0 40095 THOMAS DAUSGAARD MUSIC DIRECTOR 40.00 0.00 X 339466 0 0 MARIA YANG V.P. DEVELOPMENT 29.00 6.00 X 170026 0 30596 JENNIFER ADAIR V.P. & GENERAL MANAGER 29.00 6.00 X 136103 0 28732 CHRISTINE WOOD V.P. MARKETING & COMMUNICATIONS 29.00 6.00 X 118821 0 16721 CATHY CAPERS DIRECTOR OF HUMAN RESOURCES 35.00 0.00 X 105173 0 0 ROBERT WISEMAN SR. DIRECTOR OF INDIVIDUAL GIVING 35.00 0.00 X 116952 0 0 1450007 0 156628 8 0 1 1 SD&A TELESERVICES INC 5757 WEST CENTURY BLVD SUITE 300 LOS ANGELES CA 90045 TELEMARKETING 268258 NATIONAL GEOGRAPHIC SOCIETY PO BOX 417126 BOSTON MA 02241 ARTIST REPRESENTATION 229213 CMIT SOLUTIONS OF SEATTLE 506 2ND AVE SUITE 1400 SEATTLE WA 98104 IT SERVICES 199022 XCENTIUM 2 VENTURE SUITE 340 IRVINE CA 92618 WEB DEVELOPMENT 187200 LIVE NATION 12386 HANCOCK STREET CARMEL IN 46032 ARTIST REPRESENTATION 183435 13 999561 1329286 9002704 17038734 2311914 28370285 CONCERT REVENUE 711300 1288153 1288153 SUPPORT SERVICE FEES 532000 142681 142681 MANAGEMENT FEE 711300 100000 100000 HALL USAGE FEE 532000 96050 92950 3100 1626884 207571 207571 20825 20825 2613481 2604199 9282 9282 9282 10418 999561 85556 -75138 -75138 3531 204 3327 1472 1855 AUXILIARY INCOME 900099 13145 13145 REIMBURSEMENT 900099 395 395 13540 30176576 1636929 1472 167890 350000 350000 1147437 186378 478538 482521 8134210 6271147 1153531 709532 920710 861098 35231 24381 3141786 2470876 383611 287299 917900 302542 334987 280371 81650 3397 78253 59828 3644 56184 174 174 837391 283321 376175 177895 404807 361593 7477 35737 647966 205537 285201 157228 20824 7194 13630 104040 103140 194 706 155762 105420 50342 280055 213861 33097 33097 76458 51794 24664 CONCERT COSTS 854738 726217 35129 93392 DUES & SUBSCRIPTIONS 134423 43040 70285 21098 TAXES, LICENSE, PERMITS 85040 82978 1175 887 FOOD AND BEVERAGE 29232 1869 310 27053 18384431 12635046 3418188 2331197 511134 3866380 43404 48643 4350877 6139977 203157 833482 1081527 1101762 233412 236446 519091 253737 9352205 2461160 6854626 6891045 5059996 6312836 18857224 25684308 1325179 1521554 4963537 4815564 4311391 0 12543577 7150947 23143684 13488065 X -13988496 -3163977 9702036 15360220 -4286460 12196243 18857224 25684308 X 11792145 4690558 X 0 1 X 1 1 1 X 19289986 16944834 17940321 20437745 28370285 102983171 19289986 16944834 17940321 20437745 28370285 102983171 8918986 94064185 428596 403591 361166 394575 231496 1819424 34854 30118 38518 21975 395 125860 104928455 57128304 0.89650 0.88340 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 3,135. 2020 AMOUNT: $ 395. REIMBURSEMENTS - 2016 AMOUNT: $ 25,662. 2017 AMOUNT: $ 24,525. 2018 AMOUNT: $ 33,884. 2019 AMOUNT: $ 21,975. MERCHANDISING COMMISSION - 2016 AMOUNT: $ 3,802. 2017 AMOUNT: $ 1,885. 2018 AMOUNT: $ 1,499. USHER FUND - 2016 AMOUNT: $ 5,390. 2017 AMOUNT: $ 3,708. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 18476706 26676051 18476706 26676051 1000000 1000000 250000 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 46424 46424 250000 250000 250000 250000 1000000 1500000 2228723 X 0 15797 15797 0 6381016 2223294 4157722 2955392 222069 2733323 6891045 BENEFICIAL INTEREST IN TRUST 4479685 DUE FROM AFFILIATES 1833151 6312836 DEFERRED PENSION LIABILITY 5069565 LOAN FROM AFFILIATE 2081382 7150947 31067621 141389 749452 890841 30176780 -204 -204 30176576 14584918 141389 -3926041 -3784652 18369570 14861 14861 18384431 PART III, LINE 4: AN ORGAN, PAINTINGS, AND SCULPTURES HOUSED WITHIN BENAROYA HALL ARE HELD FOR PUBLIC AND PRIVATE EXHIBITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 764,313. INDIRECT SPECIAL EVENT EXPENSES REPORTED ON PART IX -14,861. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -204. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 204. EXCESS PENSION LIABILITY GAIN -4,094,639. CAPITAL ASSET TRANSFER TO RELATED ORG. 168,394. PART XII, LINE 4B - OTHER ADJUSTMENTS: INDIRECT SPECIAL EVENT EXPENSES REPORTED ON PART IX 14,861. EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM ARTIST REPRESENTATION, SALARY 131982 0 1 0 0 0 1 131982 0 131982 0 0 0 0 0 0 PART I, LINE 3: PER FORM 990 INSTRUCTIONS, THE ACCRUAL METHOD OF ACCOUNTING WAS USED. PART III ACCOUNTING METHOD: SEASON OPENING REIMAGINED 1009979 999561 10418 14252 10418 44547 16339 1009979 999561 10418 14252 10418 44547 16339 85556 -75138 0 B H MUSIC CENTER PO BOX 21669 SEATTLE WA 98111 911704263 501(C)(3) 350000 FACILITY SUPPORT 1 0 X X X 0 0 0 0 0 0 0 0 1 0 KRISHNA THIAGARAJAN PRESIDENT & CEO 304172 0 0 0 0 0 14426 0 26058 0 344656 0 0 0 THOMAS DAUSGAARD MUSIC DIRECTOR 299150 0 0 0 40316 0 0 0 0 0 339466 0 0 0 MARIA YANG V.P. DEVELOPMENT 170026 0 0 0 0 0 3046 0 27550 0 200622 0 0 0 CHERONNE WONG VICE PRESIDENT & CFO 159294 0 0 0 0 0 7402 0 32693 0 199389 0 0 0 JENNIFER ADAIR V.P. & GENERAL MANAGER 136103 0 0 0 0 0 5943 0 22789 0 164835 0 0 0 PART I, LINE 8 KRISHNA THIAGARAJAN, PRESIDENT & CEO, BEGAN EMPLOYMENT WITH SEATTLE SYMPHONY ORCHESTRA ON SEPTEMBER 1, 2018 AND IS SUBJECT TO THE INITIAL CONTRACT EXCEPTION. SCHEDULE J, PART II: COMPENSATION FOR THOMAS DAUSGAARD, MUSIC DIRECTOR, IS PAID BY IMG - LONDON, AN UNRELATED ORGANIZATION. X 37 603507 FAIR MARKET VALUE X 1 1708407 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNT IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART I, LINE 6: VOLUNTEERS SERVE ON THE BOARD AND COMMITTEES, ASSIST WITH ADMINISTRATIVE AND OUTREACH ACTIVITIES, AND HELP WITH FUNDRAISING. VOLUNTEERS AND THEIR HOURS ARE TRACKED BY THE VOLUNTEER COORDINATOR. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE SEATTLE SYMPHONY ORCHESTRA ARE ANY INDIVIDUALS, HOUSEHOLDS OR ORGANIZATIONAL ENTITIES RECORDED IN THE SYMPHONY OFFICES AS MAKING A DIRECT MONETARY CONTRIBUTION DURING THE IMMEDIATE PRIOR FISCAL YEAR PERIOD OF SUCH TYPE, KIND OR AMOUNT AS THE BOARD OF DIRECTORS SHALL DETERMINE FROM TIME TO TIME. EACH MEMBER HAS ONE VOTE AT ANY MEETING OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNANCE COMMITTEE IDENTIFIES NOMINEES FOR BOARD OF DIRECTOR POSITIONS AND SUBMITS THEM TO THE EXECUTIVE COMMITTEE FOR APPROVAL OR DISAPPROVAL OF CANDIDATES. NOMINEES MAY BE MADE BY A GROUP OF AT LEAST FIVE DIRECTORS OR A GROUP OF AT LEAST TWENTY FIVE MEMBERS. THE BOARD VOTES TO APPROVE OR DISAPPROVE OF SUCH NOMINEES FOR CONSIDERATION. THE MEMBERS OF THE SEATTLE SYMPHONY ORCHESTRA VOTE TO ELECT THE APPROVED NOMINEES TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE CONTROLLER AND THE VICE PRESIDENT & CFO CONDUCT A DETAILED REVIEW OF FORM 990 AND RELATED SCHEDULES. THE BOARD AUDIT COMMITTEE ALSO REVIEWS THE REPORT PRIOR TO FILING. THE PUBLIC DISCLOSURE COPY OF THE RETURN IS AVAILABLE TO ALL BOARD MEMBERS AT THE SEATTLE SYMPHONY ORCHESTRA'S OFFICES. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH FISCAL YEAR, ALL ELECTED DIRECTORS RECEIVE THE CONFLICT OF INTEREST POLICY, THE BOARD ROLES & RESPONSIBILITIES DOCUMENT, THE CODE OF CONDUCT, AND AN ACKNOWLEDGMENT STATEMENT STATING THE DIRECTOR HAS READ AND UNDERSTANDS THESE DOCUMENTS. THE CONFLICT OF INTEREST POLICY INCLUDES DEFINITIONS AND PROCEDURES FOR AVOIDING AND/OR DEALING WITH POTENTIAL CONFLICTS BETWEEN A DIRECTOR AND THE SEATTLE SYMPHONY ORCHESTRA REGARDING FINANCIAL AND COMPENSATION MATTERS, BOTH DIRECT AND INDIRECT. PROCEDURES INCLUDE A DUTY TO DISCLOSE POTENTIAL CONFLICTS, RECUSAL FROM DECISION MAKING REGARDING ANY RELEVANT TRANSACTION OR ARRANGEMENT, AND INVESTIGATION AND ASSESSMENT OF THE IMPACT OF THE POTENTIAL TRANSACTION OR ARRANGEMENT; THESE PROCEDURES ARE SUBMITTED TO THE BOARD FOR ITS CONSIDERATION. EACH DIRECTOR SIGNS, DATES, AND RETURNS THE ACKNOWLEDGMENT STATEMENT TO THE SEATTLE SYMPHONY ORCHESTRA. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S SALARY IS REVIEWED BY THE BOARD EXECUTIVE COMMITTEE ON AN ANNUAL BASIS, PER CONTRACT. THE MOST RECENT REVIEW OF THE CEO'S SALARY WAS EFFECTIVE SEPTEMBER 1, 2021. THE OTHER OFFICER'S POSITIONS ARE ALSO REVIEWED ON THE ANNUAL BASIS AND ADJUSTMENTS ARE MADE BASED UPON PERFORMANCE AND SCOPE OF RESPONSIBILITY. THE MOST RECENT REVIEW OF OFFICER'S SALARIES WAS EFFECTIVE SEPTEMBER 1, 2021. GENERAL STAFF SALARIES ARE ALSO REVIEWED AND ADJUSTED ON AN ANNUAL BASIS WITH A SEPTEMBER 1 EFFECTIVE DATE. PRIMARY RESOURCES USED TO ESTABLISH THE RATES INCLUDE, PERFORMANCE, SCOPE OF RESPONSIBILITY AND MARKET WITHIN THE SYMPHONIC AND ARTS INDUSTRIES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE ON REQUEST. A FINANCIAL STATEMENT SUMMARY IS PUBLISHED EACH YEAR IN THE ORGANIZATION'S ANNUAL REPORT. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 764,313. EXCESS PENSION LIABILITY GAIN 4,094,639. CAPITAL ASSET TRANSFER TO RELATED ORG. -168,394. SEATTLE SYMPHONY FOUNDATION PO BOX 21906 SEATTLE WA 981113906 911351925 SUPPORT OF SEATTLE SYMPHONY ORCHESTRA WA 501(C)(3) LINE 12A, I SEATTLE SYMPHONY ORCHESTRA 1 B H MUSIC CENTER PO BOX 21906 SEATTLE WA 981113906 911704263 OPERATION OF CONCERT HALL WA 501(C)(3) LINE 10 SEATTLE SYMPHONY ORCHESTRA 1 BEETHOVEN A NONPROFIT CORPORATION 363 MERCER STREET SEATTLE WA 98109 911649215 SUPPORTING ORG. TO LOCAL ARTS ORGANIZATIONS WA 501(C)(3) LINE 12A, I N/A 0 CHARITABLE LEAD ANNUITY TRUST (1) PO BOX 21906 SEATTLE WA 98111 INVESTMENTS WA N/A T 0 0 1 1 0 1 0 0 0 0 0 1 1 0 1 1 0 1 1 0 BH MUSIC CENTER B 350000 COST SEATTLE SYMPHONY FOUNDATION C 1329286 COST SEATTLE SYMPHONY FOUNDATION E 2081382 COST BH MUSIC CENTER K 134160 COST SEATTLE SYMPHONY FOUNDATION L 100000 COST SEATTLE SYMPHONY FOUNDATION R 105420 COST BH MUSIC CENTER R 168394 COST SEATTLE SYMPHONY ORCHESTRA INC PO BOX 21906 SEATTLE WA 981113906 910667412 X 0 0 0 18476706 18476706 1000000 250000 0 0 0 SEATTLE SYMPHONY FOUNDATION PO BOX 21906 SEATTLE WA 981113906 911351925 0 0 0 1759673 1759673 237984 59496 0 0 0 B H MUSIC CENTER PO BOX 21669 SEATTLE WA 981113906 911704263 0 0 0 6439672 6439672 471984 117996 0 0 0