2022-04-13T12:23:40-05:00 2021-05-31 611191655 STROTHMAN & COMPANY PSC 325 W MAIN ST SUITE 1600 LOUISVILLE KY 402024251 990 2020-06-01 616000384 THE LOUISVILLE ORCHESTRA INC LOUI 5025878681 620 W MAIN STREET SUITE 600 LOUISVILLE KY 40202 LEE KIRKWOOD BOARD CHAIR 5025878681 2022-04-12 1 LEE KIRKWOOD 999009999 JOHN KENNEDY P00174536 5025851600 2022-04-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LEE KIRKWOOD 620 W MAIN STREET SUITE 600 LOUISVILLE KY 40202 7685184 0 X HTTP://WWW.LOUISVILLEORCHESTRA.ORG X 1937 KY TO CHANGE LIVES THROUGHOUT OUR ENTIRE COMMUNITY AS ONLY THE LOUISVILLE ORCHESTRA CAN, BY PROMOTING A CULTURE OF MUSIC THROUGH OUTSTANDING PERFORMANCES AND EDUCATION. 38 38 169 300 0 0 5374510 6419122 2327534 221509 22547 62449 98919 177343 7823510 6880423 0 0 0 0 5427216 4541580 12450 0 476553 2366296 1669842 7805962 6211422 17548 669001 4932799 6369508 1516653 1936793 3416146 4432715 TO CHANGE LIVES THROUGHOUT OUR ENTIRE COMMUNITY AS ONLY THE LOUISVILLE ORCHESTRA CAN, BY PROMOTING A CULTURE OF MUSIC THROUGH OUTSTANDING PERFORMANCES AND EDUCATION. 0 0 5039701 221600 TO MAINTAIN A SYMPHONY ORCHESTRA AND TO ENCOURAGE AND PROMOTE ARTIST AND EDUCATIONAL MUSICAL OPPORTUNITIES. 5039701 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 78 20 1 169 1 0 0 0 0 0 0 0 0 0 0 0 0 X 38 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 KY X X MS TONYA MCSORLEY CFO 5025878681 620 WEST MAIN STREET SUITE 600 LOUISVILLE KY 40202 TONYA MCSORLEY CHIEF FINANCIAL OFFICER 40.00 X 109503 0 20962 ROBERT MASSEY FORMER CHIEF EXECUTIVE OFFICER 40.00 X 116048 0 13348 LEE KIRKWOOD CHAIR 1.00 X X 0 0 0 RITU FURLAN VP OF FINANCE 1.00 X X 0 0 0 ANDREW FLEISCHMAN VP GENERAL COUNSEL 1.00 X X 0 0 0 TIMOTHY PEACE SECRETARY 1.00 X X 0 0 0 BRUCE J ROTH VP GOVERNANCE COMMITTEE 1.00 X 0 0 0 CAROL W HEBEL AT LARGE MEMBER 1.00 X 0 0 0 WINONA SHIPREK AT LARGE MEMBER 1.00 X 0 0 0 SUSAN VON HOVEN AT LARGE MEMBER 1.00 X 0 0 0 MARY ELLEN WIEDERWOHL AT LARGE MEMBER 1.00 X 0 0 0 MONA NEWELL ALO PRESIDENT 1.00 X 0 0 0 JERRY ABRAMSON DIRECTOR 1.00 X 0 0 0 CAROLE BIRKHEAD DIRECTOR 1.00 X 0 0 0 CHRISTINA BROWN DIRECTOR 1.00 X 0 0 0 MARIAH GRATZ DIRECTOR 1.00 X 0 0 0 PAULA HARSHAW DIRECTOR 1.00 X 0 0 0 MICHELLE HAWK HEIT DIRECTOR 1.00 X 0 0 0 WENDY HYLAND DIRECTOR 1.00 X 0 0 0 SCOTT JUSTICE DIRECTOR 1.00 X 0 0 0 BRIAN KANE DIRECTOR 1.00 X 0 0 0 BETH KEYES DIRECTOR 1.00 X 0 0 0 DON KOHLER JR DIRECTOR 1.00 X 0 0 0 KAREN LAWRENCE DIRECTOR 1.00 X 0 0 0 CAROL BARR MATTON DIRECTOR 1.00 X 0 0 0 JOSEPH MILLER DIRECTOR 1.00 X 0 0 0 GUY MONTGOMERY DIRECTOR 1.00 X 0 0 0 OJ OLEKA DIRECTOR 1.00 X 0 0 0 TERESA REED DIRECTOR 1.00 X 0 0 0 JEFF ROBERTS DIRECTOR 1.00 X 0 0 0 MICHAEL RUDD DIRECTOR 1.00 X 0 0 0 MEDORA SAFAI DIRECTOR 1.00 X 0 0 0 KEN SALES DIRECTOR 1.00 X 0 0 0 DENISE SCHILLER DIRECTOR 1.00 X 0 0 0 GARY SLOBODA DIRECTOR 1.00 X 0 0 0 MIN SON DIRECTOR 1.00 X 0 0 0 DENNIS STILGER JR DIRECTOR 1.00 X 0 0 0 WILLIAM SUMMERS DIRECTOR 1.00 X 0 0 0 JAMES S WELCH JR DIRECTOR 1.00 X 0 0 0 ROBERT H WIMSATT DIRECTOR 1.00 X 0 0 0 225551 0 34310 2 1 0 0 OPUS 3 470 PARK AVENUE SOUTH 9TH FLOOR NOR NEW YORK NY 10016 TEDDY ABRAMS' SERVICES 243167 1 507180 505842 1354065 4052035 28420 6419122 CONTRACT REVENUE 711130 131505 131505 CONCERT REVENUE 711130 90004 90004 221509 49756 49756 661507 648814 12693 12693 12693 330092 155947 174145 174145 91 0 91 91 OTHER INCOME 900099 3107 3107 3107 6880423 221600 0 239701 X 132435 132435 3267869 2743865 173279 350725 130784 126398 2012 2374 692336 624332 38182 29822 318156 271526 15361 31269 36690 36690 28030 28030 11602 11602 673004 648894 1287 22823 111031 111031 24871 5397 8948 10526 42458 17078 12934 12446 208174 123400 84774 1578 184 114 1280 324 324 16744 2534 14210 32765 32765 CONCERT EXPENSES 248247 248247 MUSIC 49361 49361 BAD DEBT EXPENSE 46494 46494 OTHER ADMINISTRATIVE EX 40556 1540 38632 384 97913 65914 17095 14904 6211422 5039701 695168 476553 1367234 2665033 879294 982000 1095249 844385 22482 61721 41180 30065 553420 524033 41218 29387 1442427 1714522 43715 42395 4932799 6369508 162079 505047 380474 421346 974100 1010400 1516653 1936793 X 1389687 1476213 2026459 2956502 3416146 4432715 4932799 6369508 669001 347568 0 X X 0 1 X 1 0 X 3436992 4117994 5423589 5401729 6419122 24799426 2172984 2408531 2516647 2199258 174330 9471750 149797 219231 332418 211182 333199 1245827 5759773 6745756 8272654 7812169 6926651 35517003 528380 585024 447710 553189 1099436 3213739 0 528380 585024 447710 553189 1099436 3213739 32303264 34104 60430 574645 547044 49756 1265979 34104 60430 574645 547044 49756 1265979 5793877 6806186 8847299 8359213 6976407 36782982 0.87820 0.89160 0.03440 0.03500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1442426 0 404459 120761 11602 1714522 1969787 21525 538013 10873 1442426 2044569 10999 74641 11140 1969787 1749716 437229 144660 276045 10991 2044569 1416886 225000 188267 70000 10437 1749716 0.31330 0.68670 0 1 1 553420 524033 29387 29387 PAYCHECK PROTECTION PROGRAM LOAN PAYABLE 1010400 1010400 X 10267634 347568 42179 3009066 3398813 6868821 11602 11602 6880423 6388936 42179 146937 189116 6199820 11602 11602 6211422 PART X, LINE 2: THE LOUISVILLE ORCHESTRA, INC. IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL FUNDRAISING EXPENSES 155,947. INCOME REPORTED ON RELATED RETURN 592,915. INCOME FROM BENEFICIAL INTEREST IN ENDOWMENT FUND 2,307,474. PAYMENT FOR SERVICES FROM RELATED ENTITY -47,270. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL FUNDRAISING EXPENSES 155,947. EXPENSE REPORTED ON RELATED RETURN 38,260. PAYMENT FOR SERVICES FROM RELATED ENTITY -47,270. 330092 44325 111622 1 1.00000 330092 44325 111622 155947 174145 KY 1 0 1 0 1.00000 TONYA MCSORLEY 620 W MAIN STREET SUITE 600 LOUISVILLE KY 40202 0 CHERI REINBOLD OVERSEES BINGO SESSIONS AS A CHAIRPERSON. X 0 1 0 0 0 0 0 0 0 0 ROBERT MASSEY FORMER CHIEF EXECUTIVE OFFICER 116048 0 0 0 0 0 0 0 13348 0 129396 0 0 0 PART I, LINE 4A ROBERT MASSEY RECEIVED SEVERANCE PAYMENTS THROUGH AUGUST OF 2020 TOTALING $38,882 AND FICA EXPENSES FOR $2,975. X 7 28420 FMV 0 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER, EXECUTIVE DIRECTOR AND THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS ALL REVIEW THE FORM 990 AND A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY BEFORE FINAL SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, AS DEFINED IN THE POLICY, IS AN INTERESTED PERSON. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS AND APPROVES COMPENSATION FOR THE EXECUTIVE DIRECTOR/CHIEF EXECUTIVE OFFICER BASED ON COMPARABLE DATA FOR THE PROFESSION, AND ITS DELIBERATIONS AND DECISION ARE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES AND TEMPORARY HELP: PROGRAM SERVICE EXPENSES 648,894. MANAGEMENT AND GENERAL EXPENSES 1,287. FUNDRAISING EXPENSES 22,823. TOTAL EXPENSES 673,004. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS HAS NOT CHANGED FROM PRIOR YEAR. LOUISVILLE ORCHESTRA ENDOWMENT INC 620 WEST MAIN STREET SUITE 600 LOUISVILLE KY 40202 832138568 SUPPORTS ORCHESTRAL MUSIC IN LOUISVILLE KY 501(C)(3) LINE 12A, I THE LOUISVILLE ORCHESTRA INC 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 LOUISVILLE ORCHESTRA ENDOWMENT INC L 47270 FMV LOUISVILLE ORCHESTRA ENDOWMENT INC Q 3759 FMV