2022-05-06T17:03:41-05:00 2021-06-30 450250958 EIDE BAILLY LLP 2950 E HARMONY RD STE 290 FORT COLLINS CO 805283429 990 2020-07-01 840511458 COLORADO SYMPHONY ASSOCIATION COLO 3036237876 1000 14TH STREET NO 15 DENVER CO 802022333 COREEN MILLER CHIEF FINANCIAL OFFICER 3036237876 2022-05-05 1 COREEN MILLER 999009999 KYLE FRITCH CPA P01313374 9702238825 2022-05-04 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z COREEN MILLER 1000 14TH STREET NO 15 DENVER CO 802022333 11468326 0 X WWW.COLORADOSYMPHONY.ORG X 1989 CO PERFORMANCE OF SYMPHONIC CONCERTS. 33 21 243 250 0 0 6924226 9047920 6362591 876066 22387 2786 0 1541554 13309204 11468326 0 0 0 0 9658829 7530868 0 0 257715 3691055 1221346 13349884 8752214 -40680 2716112 9002026 12890056 3762026 3729594 5240000 9160462 X THE COLORADO SYMPHONY ASSOCIATION (CSA) IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED TO FUND AND OPERATE THE COLORADO SYMPHONY ORCHESTRA FOR THE ENJOYMENT AND BENEFIT OF THE CITIZENS OF METROPOLITAN DENVER AND THE GREATER COLORADO AND ROCKY MOUNTAIN REGIONS. THE COLORADO SYMPHONY ORCHESTRA PERFORMS MORE THAN 100 CLASSICAL, POPS AND FAMILY CONCERTS EACH YEAR; SHOWCASING MANY OF THE WORLD'S FINEST MUSICIANS, CONDUCTORS, AND ENTERTAINERS. 0 0 6901656 876066 THE COLORADO SYMPHONY ASSOCIATION PERFORMS CONCERTS NORMALLY BENEFITING OVER 250,000 PATRONS FROM THE DENVER AND TRI-STATE AREAS AND PROVIDES A PERFORMANCE PLATFORM TO WORLD-CLASS MUSICIANS. DUE TO THE EFFECTS OF COVID-19 IN FISCAL YEAR 2021, IN PERSON ATTENDANCE AT CONCERTS WAS SIGNIFICANTLY REDUCED TO APPROXIMATELY 17,000. VIRTUAL DOCUMENTED ATTENDANCE WAS APPROXIMATELY 25,000 AND VIEWS OF RELEASED CONTENT WERE IN EXCESS OF 100,000. 6901656 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 71 0 1 243 1 0 0 0 0 0 0 0 0 0 0 0 0 X 33 21 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CO X COREEN MILLER 3033082468 1000 14TH STREET 15 DENVER CO 802022333 JEROME H KERN CEO/CO-CHAIRMAN 51.00 1.50 X X 247206 0 12349 RICHARD KYLBERG VICE CHAIRMAN 2.00 X X 0 0 0 JIM BUTLER TREASURER 1.00 X X 0 0 0 SUSAN BOWLES SECRETARY/EX-OFFICIO TRUSTEE 40.00 X X 39911 0 12581 MARY COWELL MUSICIAN TRUSTEE 40.00 X 35492 0 21501 COURTNEY HERSHEY-BRESS MUSICIAN TRUSTEE 40.00 X 48853 0 10568 BRETT MITCHELL MUSIC DIRECTOR/EX-OFFICIO TRUSTEE 40.00 X 199533 0 20488 YUMI HWANG-WILLIAMS CONCERTMASTER 40.00 X 69735 0 20283 JOHN KINZIE MUSICIAN TRUSTEE 40.00 X 52260 0 27676 STEVEN METCALF MUSICIAN TRUSTEE 40.00 X 49397 0 10392 NICK RECUBER MUSICIAN TRUSTEE 40.00 X 48398 0 10391 NICK TISHERMAN MUSICIAN TRUSTEE 40.00 X 43504 0 10424 MICHAEL VAN WIRT MUSICIAN TRUSTEE 40.00 X 42562 0 10077 ANTHONY ACETTA TRUSTEE 1.00 X 0 0 0 MARGARET ANDERSON TRUSTEE 1.00 X 0 0 0 DR PAULA P BERNSTEIN TRUSTEE 1.00 X 0 0 0 KAI CHIN TRUSTEE 1.00 X 0 0 0 YOUNG CHO TRUSTEE 1.00 X 0 0 0 SANDY ELLIOTT TRUSTEE 1.00 X 0 0 0 AMY HARMON TRUSTEE 1.00 X 0 0 0 DIANE S HILL PHD TRUSTEE 1.00 X 0 0 0 VESNA JEVTOVIC-TODOROVIC TRUSTEE 1.00 X 0 0 0 BILL JOHNSON TRUSTEE 1.00 X 0 0 0 KATHLEEN JOHNSON ESQ TRUSTEE 1.00 X 0 0 0 RICHARD D KRUGMAN TRUSTEE 1.00 X 0 0 0 BILL MYERS TRUSTEE 1.00 X 0 0 0 DEANA PERLMUTTER TRUSTEE 1.00 X 0 0 0 MIKE RICHARDSON TRUSTEE 1.00 X 0 0 0 MAILK ROBINSON TRUSTEE 1.00 X 0 0 0 JULIE RUBSAM TRUSTEE 1.00 X 0 0 0 LT SANDVIK TRUSTEE 1.00 X 0 0 0 ANDRA ZEPPELIN TRUSTEE 1.00 X 0 0 0 HELEN RICHARDS EX-OFFICIO 1.00 X 0 0 0 ARTHUR HODGES EX-OFFICIO 1.00 X 0 0 0 KIP WALLEN EX-OFFICIO 1.00 X 0 0 0 GINGER WHITE EX-OFFICIO 1.00 X 0 0 0 MARY ROSSICK KERN EMERITUS TRUSTEE 1.00 X 0 0 0 LEE YEINGST EMERITUS TRUSTEE 1.00 X 0 0 0 MATTHEW ECKENHOFF MUSICIAN TRUSTEE 40.00 X 44909 0 371 COREEN MILLER CHIEF FINANCIAL OFFICER/COO 50.00 X 129650 0 5233 ANTHONY PIERCE CHIEF ARTISTIC OFFICER 50.00 X 128954 0 10537 1180364 0 182871 4 0 1 0 0 1034127 3128632 4885161 1573 9047920 CONCERT PERFORMANCES 711130 802326 802326 73740 73740 876066 2786 2786 EMPLOYEE RETENTION CREDIT FUNDING 900099 1541554 1541554 1541554 11468326 876066 0 1544340 1404745 1007749 282889 114107 4515349 3948477 566872 176855 158235 18620 885064 812363 66856 5845 548855 473724 65628 9503 52008 52008 49750 49750 385484 171709 121695 92080 54103 51172 2931 18099 12723 5248 128 201067 39986 151284 9797 133142 78780 46204 8158 9800 9030 770 404 404 16399 16399 7097 7097 62125 15928 46197 DUES AND SUBSCRIPTIONS 82026 68714 12820 492 GUEST CONDUCTOR AND ART 62435 62435 PRINTING AND PUBLICATIO 47492 7175 26413 13904 PRODUCTION EXPENSE 26947 26947 0 0 12968 7681 5287 8752214 6901656 1592843 257715 4038395 6017792 14219 21058 5956 186344 213765 260806 877363 290387 582243 586976 4147448 5817080 9002026 12890056 1081231 1511471 810395 717216 1870400 1500907 3762026 3729594 X 1007052 3720547 4232948 5439915 5240000 9160462 9002026 12890056 X 2716112 11331 1193019 X 0 1 X 1 0 X 6049528 7117107 7142299 6924226 9047920 36281080 30000 60000 60000 60000 210000 6049528 7147107 7202299 6984226 9107920 36491080 10616363 25874717 1918 2444 20429 22387 2786 49964 36541044 27869679 0.70810 0.61020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29625915 54985393 8607709 1040093 92178924 29502744 869470 222447 968746 29625915 28297619 1181889 921144 897908 29502744 26666589 1185373 1299034 853377 28297619 22896701 2516382 2058837 805331 26666589 0.00660 0.99340 0.00000 1 1 1 306730 290387 16343 570633 570633 586976 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 5351797 EMPLOYEE RETENTION CREDIT RECEIVABLE 465283 5817080 X 12776301 11331 103625 1193019 1307975 11468326 0 11468326 8855839 103625 103625 8752214 0 8752214 PART V, LINE 4: PERMANENT ENDOWMENTS CONSIST OF FUNDS HELD BY OTHER TAX-EXEMPT ORGANIZATIONS ESTABLISHED TO ADMINISTER THE ENDOWMENT FUNDS OF THE SYMPHONY. THESE ORGANIZATIONS ARE GOVERNED BY SEPARATE BOARDS OF TRUSTEES. SUPPORTING DISTRIBUTIONS (IF APPLICABLE) FROM THE FUNDS ARE PROVIDED TO THE SYMPHONY FOR PROGRAM SERVICES AND OTHER OPERATIONS. PERMANENT ENDOWMENTS ALSO INCLUDE A BENEFICIAL INTEREST IN AN IRREVOCABLE PERPETUAL TRUST ADMINISTERED BY A COMMUNITY FOUNDATION. THE TRUST AGREEMENT REQUIRES DISTRIBUTION OF 50% OF THE NET INCOME OF THE TRUST TO THE SYMPHONY FOR ITS UNRESTRICTED USE; HOWEVER THE SYMPHONY WILL NEVER RECEIVE THE ASSETS OF THE TRUST. PART X, LINE 2: THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE ASSOCIATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. THE ASSOCIATION'S FORMS 990-T AND OTHER INCOME TAX FILINGS REQUIRED BY STATE, LOCAL, OR NON-U.S. TAX AUTHORITIES ARE NO LONGER SUBJECT TO TAX EXAMINATION FOR YEARS BEFORE 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN ASSES HELD BY OTHERS 1,193,019. X X X X X 0 0 0 0 0 0 0 0 0 JEROME H KERN CEO/CO-CHAIRMAN 247206 0 0 0 0 0 9888 0 2461 0 259555 0 0 0 BRETT MITCHELL MUSIC DIRECTOR/EX-OFFICIO TRUSTEE 199533 0 0 0 0 0 10276 0 10648 0 220457 0 0 0 X 13 37768 AVG. PRICE DATE RECEIVED X VARIOUS GIFTED ITEMS 1 1574 COST 0 0 1 0 PART I, COLUMN (B): COLORADO SYMPHONY ASSOCIATION IS REPORTING THE TOTAL NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 2 JERRY KERN AND MARY ROSSICK KERN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B A REDACTED COPY OF THE FORM 990 IS SENT FOR REVIEW TO THE FINANCE COMMITTEE PRIOR TO FILING. IN ADDITION, A REDACTED COPY OF THE TAX RETURN IS SENT TO THE ENTIRE BOARD FOR REVIEW BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE COLORADO SYMPHONY ASSOCIATION (CSA) HAS A CONFLICT OF INTEREST POLICY COVERING OFFICERS, TRUSTEES, COMMITTEE MEMBERS, MUSICIAN TRUSTEES, STAFF MEMBERS, AND CERTAIN CONSULTANTS (IF APPROPRIATE). EACH RESPONSIBLE PERSON MUST ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES THAT COULD CONTRIBUTE TO A POTENTIAL CONFLICT OF INTEREST. THE DISCLOSURE FORM MUST BE SUBMITTED TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR REVIEWING POTENTIAL CONFLICTS OF INTEREST AND HANDLING WHAT IT DETERMINES TO BE ACTUAL CONFLICTS OF INTEREST IN THE MANNER DESCRIBED IN THE POLICY UNDER "REVIEWING AND MANAGING CONFLICTS OF INTEREST". IF THE EXECUTIVE COMMITTEE OR RESPONSIBLE PERSON BECOMES AWARE THAT CSA IS ABOUT TO ENTER INTO OR MAKE ANY DECISIONS INVOLVING A CONFLICT OF INTEREST TRANSACTION WITH THE RESPONSIBLE PERSON, A FAMILY MEMBER, A FRIEND, OR A RELATED ENTITY, THE RESPONSIBLE PERSON MUST: 1) IMMEDIATELY INFORM THOSE CHARGED WITH APPROVING THE TRANSACTION ON BEHALF OF CSA OF THE CONFLICT OF INTEREST 2) AID THE PERSONS CHARGED WITH MAKING THE DECISION BY DISCLOSING TO SUCH PERSON(S) ANY MATERIAL FACTS THAT BEAR ON THE ADVISABILITY OF THE TRANSACTION FROM THE STANDPOINT OF CSA AND 3) NOT PARTICIPATE IN THE DELIBERATION OR VOTE ON THE DECISION TO ENTER INTO SUCH TRANSACTION, AND NOT ATTEMPT TO EXERT HIS OR HER INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. THE EXECUTIVE COMMITTEE WILL REPORT TO THE BOARD AT ITS NEXT REGULAR MEETING THE RESULTS OF ANY REVIEW AND THE ACTION TAKEN. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO WAS DETERMINED AFTER COMPARISON OF SIMILARLY QUALIFIED PERSONS IN COMPARABLE ORGANIZATIONS AND AFTER ANALYZING THE VALUE BROUGHT TO THE CSA BY THE CEO. AN INDEPENDENT COMPENSATION COMMITTEE CONSISTING OF BOTH TRUSTEES AND NON-TRUSTEES REVIEWED PERTINENT DATA AND MADE THE COMPENSATION RECOMMENDATION TO THE BOARD WHICH APPROVED THE CEO'S COMPENSATION AMOUNT. COMPENSATION INCREASES OTHER THAN THE STANDARD PERCENTAGE FOR OTHER SENIOR MANAGEMENT POSITIONS ARE MADE AFTER COMPARING THE CURRENT COMPENSATION WITH COMPENSATION BASED ON SIMILARLY QUALIFIED PERSONS IN COMPARABLE ORGANIZATIONS AND AFTER ANALYZING THE VALUE BROUGHT TO THE CSA BY SENIOR MANAGEMENT STAFF PERSON(S). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST VIA MAIL, EMAIL OR IN PERSON AT ITS OFFICES. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTERESTS IN ASSETS HELD BY OTHERS 1,193,019. COLORADO SYMPHONY FUND 1000 14TH STREET 15 DENVER CO 80202 260138249 RAISE, HOLD & ADMINISTER FUNDS FOR OPERATING NEEDS OF SYMPHONY ASSOCIATION CO 501(C)(3) LINE 12A, I COLORADO SYMPHONY ASSOCIATION 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE SYMPHONY FUND C 1034127 CASH