2025-06-09T16:54:35-05:00 2024-07-31 946214841 ARMANINO ADVISORY LLC 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2023-08-01 756004761 FORT WORTH SYMPHONY ORCHESTRA ASSOCIATION FORT 8176656500 330 EAST 4TH STREET 200 FORT WORTH TX 76102 JACQUE CARPENTER VP OF FINANCE & HR 8176656500 2025-06-09 1 1 MATTHEW PETROSKI P00853132 9726611843 2025-06-09 2023 2025-03-06 01:10:19Z KEITH CERNY 330 EAST 4TH STREET 200 FORT WORTH TX 76102 14352494 0 X WWW.FWSYMPHONY.ORG X 1929 TX PERFORM GREAT SYMPHONIC MUSIC TO EDUCATE, ENTERTAIN, AND ENHANCE LIFE. 65 64 392 157 0 0 8485766 9916798 4390598 3538042 720388 630528 0 0 13596752 14085368 0 0 0 0 9101887 9430683 0 0 653853 6267240 5410310 15369127 14840993 -1772375 -755625 35110015 39511874 2866711 4875648 32243304 34636226 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 9194065 3360576 ORCHESTRAL PRODUCTIONS - WE HAD 70 PERFORMANCES WITH AN APPROXIMATE ATTENDANCE OF 50,000 THAT INCLUDED STUDENTS AND ADULTS. THESE PERFORMANCES INCLUDED SYMPHONIC, POPULAR, AND SPECIAL FAMILY FRIENDLY MUSIC THAT FEATURED NATIONAL AND INTERNATIONAL GUEST ARTISTS AND CONDUCTORS. THIS COMBINATION OF PERFORMANCES SERVED AS A POWERFUL OUTREACH EFFORT, ENGAGING YOUTH AND THEIR FAMILIES THROUGH INSPIRING AND ACCESSIBLE MUSICAL EXPERIENCE. 3020907 177466 EDUCATION CONCERTS - WE PERFORMED OVER 17 CONCERTS FOR THE YOUTH THROUGHOUT THE AREA WHICH HAD AN ATTENDANCE OF OVER 13,000 STUDENTS AND FAMILIES. THIS WAS MADE UP OF VARIOUS SCHOOL DISTRICTS IN THE SURROUNDING AREAS THAT INCLUDED FWISD, MESQUITE ISD, WAXAHACHIE ISD, AND MORE. THESE PERFORMANCES INTRODUCED MORE THAN JUST ENTERTAINMENT BUT CREATED A DEEPER APPRECIATION FOR THE ARTS AND MUSICAL EDUCATION FOR THE YOUTH OF EACH COMMUNITY. COMMUNITY CONCERTS - WE HAD 6 PERFORMANCES IN THE SURROUNDING COMMUNITIES THAT BENEFITED APPROXIMATELY 1,800 ADULTS AND CHILDREN, THAT INCLUDED MINORITY GROUPS. OUR PRESENCE IN THESE COMMUNITY EVENTS UPLIFTED, EDUCATED, AND ENCOURAGED GROWTH IN THE PERFORMING ARTS. WE HOPED TO RAISE CONFIDENCE, CREATIVITY, AND A BELIEF OF WHAT'S POSSIBLE IN MUSICAL PERFORMANCE. 12214972 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 320 0 1 392 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 65 64 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X THE ORGANIZATION 8176656500 330 EAST 4TH STREET SUITE 200 FORT WORTH TX 761024019 KEITH CERNY PRESIDENT & CEO 40.00 X X 325956 0 5838 MERCEDES T BASS CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 MARIANNE AULD CHAIRMAN OF THE EXECUTIVE 1.00 X X 0 0 0 DON C PLATTSMIER TREASURER 1.00 X X 0 0 0 LEE HALLMAN SECRETARY 1.00 X X 0 0 0 AMY ROACH BAILEY DIRECTOR 1.00 X 0 0 0 DR REBECCA BEASLEY DIRECTOR 1.00 X 0 0 0 CONNIE BECK DIRECTOR 1.00 X 0 0 0 ASHLI BLUMENFELD DIRECTOR 1.00 X 0 0 0 ANNE MARI BRATTON DIRECTOR 1.00 X 0 0 0 JOHN BROUDE DIRECTOR 1.00 X 0 0 0 J BROOKS DIRECTOR 1.00 X 0 0 0 KAREN BURCHFIELD DIRECTOR 1.00 X 0 0 0 ANNE CARVALHO DIRECTOR 1.00 X 0 0 0 DR JOSEPH CECERE DIRECTOR 1.00 X 0 0 0 BRENDA CLINE DIRECTOR 1.00 X 0 0 0 DR MARY COSTAS 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 TIM DANIELS DIRECTOR 1.00 X 0 0 0 DR BENGE DANIEL DIRECTOR 1.00 X 0 0 0 MITZI DAVIS DIRECTOR 1.00 X 0 0 0 DR ASAD DEAN DIRECTOR 1.00 X 0 0 0 DR TOM DEAS DIRECTOR 1.00 X 0 0 0 DR JEFFREY G DETWEILER DIRECTOR 1.00 X 0 0 0 JOSEPH DEWOODY DIRECTOR 1.00 X 0 0 0 WILLA DUNLEAVY DIRECTOR 1.00 X 0 0 0 BRANDON ELMS DIRECTOR 1.00 X 0 0 0 DR JENNIFER FREEMAN DIRECTOR 1.00 X 0 0 0 CHARLOTTE FRENCH DIRECTOR 1.00 X 0 0 0 AUBREY GIDEON DIRECTOR 1.00 X 0 0 0 PAMELA GILCHRIST DIRECTOR 1.00 X 0 0 0 GAIL ARONOFF GRANEK DIRECTOR 1.00 X 0 0 0 AARON HOWARD DIRECTOR 1.00 X 0 0 0 KIM JOHNSON DIRECTOR 1.00 X 0 0 0 DEE J KELLY JR DIRECTOR 1.00 X 0 0 0 KELLY LANCARTE DIRECTOR 1.00 X 0 0 0 MOLLIE L LASATER DIRECTOR 1.00 X 0 0 0 NICO LEONE DIRECTOR 1.00 X 0 0 0 MARY HART LIPSCOMB DIRECTOR 1.00 X 0 0 0 MISTY LOCKE DIRECTOR 1.00 X 0 0 0 KATE LUMMIS DIRECTOR 1.00 X 0 0 0 LOUELLA MARTIN DIRECTOR 1.00 X 0 0 0 PRISCILLA W MARTIN 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 JUSTIN NEWTON DIRECTOR 1.00 X 0 0 0 DANA PORTER DIRECTOR 1.00 X 0 0 0 DON REID DIRECTOR 1.00 X 0 0 0 JEAN ROACH DIRECTOR 1.00 X 0 0 0 HENRY H ROBINSON DIRECTOR 1.00 X 0 0 0 JUDE RYAN DIRECTOR 1.00 X 0 0 0 ALANN BEDFORD SAMPSON DIRECTOR 1.00 X 0 0 0 JEFF SCHMELTEKOPF DIRECTOR 1.00 X 0 0 0 DR RUSS SCHULTZ DIRECTOR 1.00 X 0 0 0 KAL SILVERBERG DIRECTOR 1.00 X 0 0 0 THOMAS L SMITH DIRECTOR 1.00 X 0 0 0 CLARE STONESIFER DIRECTOR 1.00 X 0 0 0 JONATHAN T SUDER DIRECTOR 1.00 X 0 0 0 CARLA KEMP THOMPSON DIRECTOR 1.00 X 0 0 0 DR AMY TULLY DIRECTOR 1.00 X 0 0 0 JOHN WELLS DIRECTOR 1.00 X 0 0 0 DR JAMES WILLIAMS DIRECTOR 1.00 X 0 0 0 JW WILSON DIRECTOR 1.00 X 0 0 0 GERRY WOOD DIRECTOR 1.00 X 0 0 0 AARON SHELBY LEE VP FINANCE (THRU 3/24) 40.00 X 106615 0 0 MICHELLINE MALLEY VP FINANCE (4/24-6/24) 40.00 X 0 0 0 JACQUE CARPENTER VP HR, VP FINANCE (AS OF 7/24) 40.00 X 93595 0 0 ROBERT SPANO MUSIC DIRECTOR 40.00 X 277767 0 9704 CARRIE ELLEN ADAMIAN CHIEF MARKETING OFFICER 40.00 X 139561 0 4810 MEAGAN HEMENWAY VP OF DEVELOPMENT 40.00 X 147900 0 0 MICHAEL SHIH CONCERTMASTER 40.00 X 113561 0 6972 1204955 0 27324 9 0 1 0 MOGO MARKETING & MEDIA LLC 900 LARKSPUR LANDING CIR SUITE 125 LARKSPUR CA 94939 DIGITAL MARKETING FOR TICKET SALES 243092 UTP PRODUCTIONS INC 35 W BROADWAY SUITE 104 SALT LAKE CITY UT 84101 STAGEHANDS FOR PERFORMANCES 118820 2 764009 9152789 355669 9916798 SINGLE TICKET SALES 711130 1875604 1875604 SUBSCRIPTION CONCERTS 711130 1126758 1126758 ENGAGEMENT FEES 711130 244678 244678 EDUCATIONAL CONCERTS 711130 177466 177466 HANDLING, FACILITY, PA 711130 113536 113536 3538042 630528 630528 267126 764009 267126 0 14085368 3538042 0 630528 771286 373115 398171 8149402 6941719 795190 412493 294636 187172 79731 27733 149017 94758 38337 15922 66342 54428 8839 3075 3480 3480 89602 89602 122664 122664 110925 104099 6826 645399 401123 236991 7285 699339 557643 105129 36567 18179 14524 2703 952 119990 95864 17840 6286 63176 9497 50376 3303 153767 122612 23115 8040 PRODUCTION EXPENSES 2625044 2625044 HALL RENTAL 633374 633374 DEVELOPMENT 125371 125371 14840993 12214972 1972168 653853 76659 82827 2630525 5596281 53314 6459 565253 676278 1484129 988408 450677 495721 29391128 30873752 1942459 1780556 35110015 39511874 959103 894891 1255230 1319010 150000 2395000 502378 266747 2866711 4875648 X -812203 -2966221 33055507 37602447 32243304 34636226 35110015 39511874 X -755625 3074760 73787 X 0 1 X 1 0 X 4134961 12531042 7713439 8485766 9916798 42782006 4134961 12531042 7713439 8485766 9916798 42782006 13930998 28851008 518739 531819 874060 720388 630528 3275534 104038 104038 46161578 16433137 0.62500 0.49440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29391128 2900 3582624 2100000 30876652 28958009 2100 2093019 1662000 29391128 32708721 9851 -2230563 1530000 28958009 25202888 1706716 7040020 1240903 32708721 24551057 500000 1534565 1382734 25202888 0.00000 0.82870 0.17130 0 0 16138 16138 0 837954 536482 301472 630037 435788 194249 495721 LEASE LIABILITIES 266747 266747 X 17177383 3074760 139919 3214679 13962704 122664 122664 14085368 14784461 66132 66132 14718329 122664 122664 14840993 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, 2024 AND 2023, 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 73,787. SPECIAL EVENT EXPENSE 66,132. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 66,132. ANNUAL GALA 1031135 764009 267126 66140 44753 72159 37371 46703 1031135 764009 267126 66140 44753 72159 37371 46703 267126 0 1 X X X X 0 0 0 0 0 0 0 1 0 KEITH CERNY PRESIDENT & CEO 325956 0 0 0 0 0 0 0 5838 0 331794 0 0 0 ROBERT SPANO MUSIC DIRECTOR 277767 0 0 0 0 0 0 0 9704 0 287471 0 0 0 PART I, LINE 7 THE ORGANIZATION PROVIDED A DISCRETIONARY BONUS TO ITS EMPLOYEES TO RECOGNIZE THEIR EXCEPTIONAL PERFORMANCE AND COMMITMENT TO THE SUCCESS OF THE ORGANIZATION. X 3 289529 PUBLIC TRADED EXCHANGE X JEWELRY AND PIANO 3 66140 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTORS, 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 TREASURER OF THE BOARD REVIEWS THE DRAFT FORM 990 FOR ACCURACY AND APPROVES THE RETURN FOR FILING. A COMPLETED COPY IS PROVIDED TO THE BOARD MEMBERS AFTER FILING WITH THE IRS. 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 73,787.