2025-06-10T09:15:29+00:00 2024-08-31 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2023-09-01 350998627 INDIANA SYMPHONY SOCIETY INC INDI 3172621100 32 EAST WASHINGTON STREET 600 INDIANAPOLIS IN 462042919 James M Johnson CEO 3172621100 2025-06-10 true Jennifer Burke P01342224 3128997000 2025-06-10 2023 2025-03-06 01:10:19Z James M Johnson 32 EAST WASHINGTON STREET 600 INDIANAPOLIS IN 462042919 24458475 false X WWW.INDIANAPOLISSYMPHONY.ORG X 1937 IN The Indianapolis Symphony Orchestra inspires and unites our community thorugh our music 36 36 506 204 68200 0 13990599 13895731 9057076 9430299 44627 85094 -6374 -60366 23085928 23350758 0 0 14151095 15493573 0 1934990 10931242 12379091 25082337 27872664 -1996409 -4521906 12835394 8991393 9613984 8583699 3221410 407694 The Indianapolis Symphony Orchestra inspires and unites our community through our music. false false 23482149 9880850 THE INDIANAPOLIS SYMPHONY ORCHESTRA IS THE LARGEST PERFORMING ARTS ORGANIZATION IN THE STATE OF INDIANA, PERFORMING A YEAR-ROUND SCHEDULE OF CONCERTS AND EDUCATION PROGRAMS. EACH SEASON, THE INDIANAPOLIS SYMPHONY ORCHESTRA PRESENTS A WIDE REPERTOIRE OF ORCHESTRAL MUSIC, INCLUDING COMMISSIONS OF NEW MUSIC, BOTH CLASSICAL AND POPS. CONCERTS INCLUDE PROGRAMS OF CLASSICAL MUSIC, SYMPHONIC POPS PERFORMANCES, FAMILY ORIENTED PROGRAMS, HOLIDAY PROGRAMS, UNCHARTED, THE OUTDOOR SUMMER SERIES AND MANY MORE. THE INDIANAPOLIS SYMPHONY ORCHESTRA IS DEDICATED TO LEADING THE FIELD IN MUSIC EDUCATION. SYMPHONY MUSICIANS AND STAFF CREATE PIONEERING LEARNING OPPORTUNITIES FOR PARTICIPANTS THROUGHOUT THE STATE THROUGH A VARIETY OF PROJECTS WHICH IMPACT STUDENTS AND ADULTS IN THE INDIANAPOLIS SYMPHONY ORCHESTRA'S LEARNING COMMUNITY. THE METROPOLITAN YOUTH ORCHESTRA WHICH IS A YOUTH AND FAMILY DEVELOPMENT PROGRAM OF THE LEARNING COMMUNITY USES THE LIFE SKILLS LEARNED IN MUSIC INSTRUCTION TO ENGAGE YOUTH IN ACTIVITIES THAT DISCOURAGE AT-RISK BEHAVIORS AND KEEP THEM COMMITTED TO STAYING IN SCHOOL. THE HISTORIC HILBERT CIRCLE THEATRE ON MONUMENT CIRCLE IN DOWNTOWN INDIANAPOLIS IS HOME TO THE INDIANAPOLIS SYMPHONY ORCHESTRA AND IS OWNED BY THE ORANGIZATION'S FOUNDATION. OUTSIDE THE THEATRE, THE INDIANAPOLIS SYMPHONY CAN BE HEARD LIVE IN SEVERAL INDIANA COMMUNITIES. AS A LEADING MEMBER OF THE ARTS COMMUNITY IN INDIANAPOLIS, THE INDIANAPOLIS SYMPHONY ORCHESTRA COLLABORATES ON A REGULAR BASIS WITH OTHER ARTS COMPANIES INCLUDING DANCE KALEIDOSCOPE, THE INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS, AND THE AMERICAN PIANIISTS ASSOCIATION. 23482149 true true false false false false false false true true false false true true true true false false false false false false false true false false false false true false false false false false false false false true false false false false true false false false true 219 0 true 506 true true true false false false false true true false false false false false false X 36 36 true false false false false true false true true false false true true true true true true true false false IN X Jennifer Janik 3172621100 32 EAST WASHINGTON STREET NO 600 INDIANAPOLIS IN 462042919 Christina Bodurow PHD Secretary 2.0 X X 0 0 0 Eric Sutphin Treasurer 2.0 X X 0 0 0 Greg Loewen Chair 2.0 X X 0 0 0 Phil Kenney Vice Chair 2.0 X X 0 0 0 Alexandra French Director (as of Jan 2024) 2.0 X 0 0 0 Alice K Schloss Director 2.0 X 0 0 0 Amy Kniffen Director (as of Jan 2024) 2.0 X 0 0 0 Brian Smith Director (through Dec 2023) 2.0 X 0 0 0 Bruce McCaw Director 2.0 X 0 0 0 C Daniel Yates Director 2.0 X 0 0 0 Cheryl J Dick Director 2.0 X 0 0 0 Christopher Slapak MD Director 2.0 X 0 0 0 Craig Fenneman Director 2.0 X 0 0 0 David Wilcox Director 2.0 X 0 0 0 Eloise Paul Director 2.0 X 0 0 0 Fred Winters Director 2.0 X 0 0 0 J Albert Smith Jr Director 2.0 X 0 0 0 Jackie Nytes Director 2.0 X 0 0 0 James Zink Director (through Dec 2023) 2.0 X 0 0 0 Jan Pierce Director 2.0 X 0 0 0 Justin Sufan Director (as of Jan 2024) 2.0 X 0 0 0 Karen Ann P Lloyd Director 2.0 X 0 0 0 Karen Mersereau Director (through Dec 2023) 2.0 X 0 0 0 Kiamesha Colom Director 2.0 X 0 0 0 LaTonya Turner PhD Director 2.0 X 0 0 0 Liz Kyzr Director 2.0 X 0 0 0 Lucia J Mar Director 2.0 X 0 0 0 Matthew Gutwein Director (as of Jan 2024) 2.0 X 0 0 0 Michael Bercher Director (through Dec 2023) 2.0 X 0 0 0 Natalie Furney Director 2.0 X 0 0 0 Nicholas Schellinger Director (as of Jan 2024) 2.0 X 0 0 0 Peter A Morse Jr Director 2.0 X 0 0 0 Peter W Howard PHD Director 2.0 X 0 0 0 Samuel Rothstein Director 2.0 X 0 0 0 Sean L Huddleston PhD Director 2.0 X 0 0 0 Steven Rake Director 2.0 X 0 0 0 Terry Snell Director 2.0 X 0 0 0 Tori Weyers Director 2.0 X 0 0 0 Yecenia Tostado Director 2.0 X 0 0 0 Yvonne H Shaheen Director 2.0 X 0 0 0 James M Johnson CEO 37.5 X 241453 0 36720 Jennifer Janik CFO 37.5 X 145383 0 16970 Jack Everly Pops Conductor 37.5 X 293548 0 15625 Christopher Williams Stage Manager 37.5 X 131503 0 33428 Ed Parsons VP of Artistic 37.5 X 148588 0 14708 Kevin Lin Concertmaster 37.5 X 255596 0 23767 Patrick Feeney Stagehand 37.5 X 109298 0 40067 Stephanie Hays Hussoni VP of Development 37.5 X 153739 0 6744 1479108 0 188029 19 false true false Disney Concerts 500 South Buena Vista Street Burbank CA 91521 Film Agency 246087 Printing Partners Inc 929 W 16th Street Indianapolis IN 46202 Printing Services 245488 Jonas Productions Inc 8606 North 700 West Fountaintown IN 46130 Audio Services 185154 Sim2k 6330 E 75th St Indianapolis IN 46250 IT Services 179349 Creative Booking Agency 6 East 45th Street 10th Floor New York NY 10017 Artist Agency 160888 10 294863 6653048 103138 6844682 957466 13895731 TICKET SALES & FEES INCOME 900099 9430299 9430299 0 0 0 0 9430299 85094 85094 46329 491028 -444699 0 -444699 -444699 0 0 129939 294863 265469 -135530 -135530 1162 50 1112 1112 687508 351170 336338 336338 Program Advertising 541800 68200 68200 MISCELLANEOUS INCOME 900099 64213 64213 FOUNDATION SERVICE FEE 900099 50000 50000 0 0 0 0 182413 23350758 9880850 68200 -494023 884095 382685 501410 10768568 9577365 399745 791458 1223916 1177797 24554 21565 1722548 1509877 113227 99444 894446 755161 74156 65129 98875 98875 64024 64024 1342929 566861 101868 674200 1010281 1010281 1457008 650030 723400 83578 142760 142760 1998090 1911994 43048 43048 25843 17687 4471 3685 19681 11164 6043 2474 354 354 331162 323314 3924 3924 186626 26376 160250 GUEST ARTISTS 2317649 2317649 GENERAL PRODUCTION 1883171 1883171 CONCERT FRONT OF HOUSE 367488 367488 HOSPITALITY 324361 312933 11428 808789 537556 124748 146485 27872664 23482149 2455525 1934990 863247 1466668 3034451 33007 2740683 1979798 414382 19135 0 0 0 0 282692 252692 9003 31061 735767 538792 10271829 8711048 1645405 1560781 0 0 0 0 3109764 3109459 12835394 8991393 1447045 1370822 0 3211643 3104169 0 0 0 0 0 0 4955296 4108708 9613984 8583699 X -232552 -1691403 3453962 2099097 0 0 0 3221410 407694 12835394 8991393 X -4521906 1708190 X false true X true false X 13408231 24354181 15455965 13990599 13896462 81105438 0 0 13408231 24354181 15455965 13990599 13896462 81105438 37115001 43990437 186579 188086 202408 156762 131423 865258 110633 0 54507 65475 68200 298815 23629 14480 33856 128925 114213 315103 82584614 34067115 0.5327 0.5329 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISCELLANEOUS INCOME, COLUMN A - 23629.0, COLUMN B - 14480.0, COLUMN C - 33856.0, COLUMN D - 78925.0, COLUMN E - 64213.0, COLUMN F - 215103.0; DESCRIPTION - FOUNDATION SERVICE FEE, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 50000.0, COLUMN E - 50000.0, COLUMN F - 100000.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40995548 2750000 1956162 669203 45032507 41171033 1000 430861 607346 40995548 41370958 1550 422930 624405 41171033 37571663 55997 3743298 0 41370958 36728701 501000 848185 506223 37571663 0.0 0.8099 0.1901 false true true 4721021 3687419 1033602 5550808 5023629 527179 1560781 Right of Use Asset 3103137 OTHER ASSETS 6322 3109459 OTHER LIABILITIES 102083 PENSION LIABILITY 429191 GIFT CERTIFICATES 294434 Lease Liability 3283000 4108708 X 24107305 0 0 24107305 -756547 -756547 23350758 26921021 756547 756547 26164474 1708190 1708190 27872664 Schedule D, Part V, Line 4 Intended uses of endowment funds TO SUPPORT THE INDIANA SYMPHONY SOCIETY, INC. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Society is exempt from federal and state income taxes on related income under Section 501(c)(3) of the United States Internal Revenue Code and similar state law. The exemption is on all income except unrelated business income as noted under Section 511 of the Internal Revenue Code. Internal Revenue Code Section 513(a) defines an unrelated trade or business of an exempt organization as any trade or business which is not substantially related to the exercise or performance of its exempt purpose. The Society's net advertising income is considered unrelated business income. The Society's related advertising expenses offset related income and no tax was paid during 2024 and 2023. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Society and recognize a tax liability if the Society has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the Society, and has concluded that as of August 31, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying financial statements. The Society is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Society has filed its federal and state income tax returns for periods through August 31, 2023. These income tax returns are generally open to examination by the relevant taxing authorities for a period of three years from the later of the date the return was filed or its due date (including approved extensions). Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Fundraising and Gaming Expenses - -265519 Tenant Expenses - -491028 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising and Gaming Expenses - 265519 Tenant Expenses - 491028 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Pension Liability Adjustment - 1708190 Gala 379542 250334 129208 18247 57849 99746 74785 FORE! THE ISO 45260 44529 731 7855 6987 0 424802 294863 129939 26102 57849 99746 81772 265469 -135530 X X false false false false false false false false false James M Johnson CEO 238991 0 0 0 2462 0 7490 0 29230 0 278173 0 0 0 Jennifer Janik CFO 145172 0 0 0 211 0 4670 0 12300 0 162353 0 0 0 Jack Everly Pops Conductor 288214 0 0 0 5334 0 5823 0 9802 0 309173 0 0 0 Kevin Lin Concertmaster 251625 0 3923 0 48 0 7766 0 16001 0 279363 0 0 0 Christopher Williams Stage Manager 129413 0 2000 0 90 0 4158 0 29270 0 164931 0 0 0 Ed Parsons VP of Artistic 148377 0 0 0 211 0 4670 0 10038 0 163296 0 0 0 Stephanie Hays Hussoni VP of Development 153422 0 0 0 317 0 4673 0 2071 0 160483 0 0 0 X 35 332179 Other - Selling Price X Printing 1 35000 Cost X Beverages 6 14040 Cost X Instruments 4 230200 Cost X Equipment 3 180212 Cost X Food 3 7954 Cost X Commercials/Print Ads 12 146536 Cost X Flowers 1 9845 Cost X Office Supplies 1 1500 Cost 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of Contributions Other - Printing Number of Contributions Other - Beverages Number of Contributions Other - Instruments Number of Contributions Other - Equipment number of contributions Other - Food number of contributions Other - Commercials/Print Ads number of contributions Other - Flowers number of contributions Other - Office Supplies number of contributions Form 990, Part VI, Line 2 SECTION A, LINE 2 AS PART OF THE CONFLICT OF INTEREST PROCESS, BOARD MEMBERS AND MANAGEMENT EMPLOYEES ARE ASKED TO DISCLOSE ANY DIRECT BUSINESS RELATIONSHIPS. THESE RELATIONSHIPS ARE REVIEWED TO ENSURE THAT ADEQUATE APPROVALS ARE SECURED FOR BUSINESS RELATIONSHIPS WITH THE ORGANIZATION, AND THAT BUSINESS RELATIONSHIPS BETWEEN BOARD MEMBERS DO NOT IMPACT THE GOVERNANCE STRUCTURE OF THE ORGANIZATION. Form 990, Part VI, Line 8b Executive committee The Society has an executive committee with the authority to act on behalf of the governing body. Form 990, Part VI, Line 15b Other Officer Compensation Compensation for the Executive Leadership Team is determined by the CEO based on performance, scope and responsibilities of the job, as well as comparison to comparable positions from the League of American Orchestras annual survey, at the time of hire. this process is not documented. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Philip Kenney - Business relationship, Karen Ann Lloyd - Business relationship, Greg Loewen - Business relationship, Lucia Mar - Business relationship, Steven Rake - Business relationship, David Wilcox - Business relationship Form 990, Part VI, Line 7a Members or stockholders electing members of governing body INDIVIDUAL MEMBERS ARE THOSE WHO DONATE TO THE INDIANA SYMPHONY SOCIETY, INC. (SOCIETY) PER YEAR $100 OR MORE, AND CORPORATE MEMBERS ARE THOSE WHO DONATE TO THE SOCIETY PER YEAR $250 OR MORE. EVERY INDIVIDUAL MEMBER DONATING TO THE SOCIETY $500 OR MORE AND CORPORATE MEMBERS DONATING TO THE SOCIETY $1,000 OR MORE TO THE ANNUAL OPERATING FUND OF THE SOCIETY SHALL HAVE THE RIGHT AT THE ANNUAL MEETING OR SPECIAL MEETINGS OF THE MEMBERS OF THE SOCIEY TO ONE (1) VOTE FOR EACH MEMBERSHIP STANDING IN THAT NAME ON THE BOOKS OF THE SOCIETY. MEMBER ELECTED DIRECTORS ARE ELECTED BY THE VOTING MEMBERS OF THE SOCIETY AT THE ANNUAL MEETING OF THE SOCIETY. CANDIDATES FOR ELECTION AS MEMBER ELECTED DIRECTORS AT THE ANNUAL MEETING OF THE MEMBERS OF THE SOCIETY SHALL BE NOMINATED BY A BOARD AFFAIRS COMMITTEE OF THE BOARD. ANY GROUP OF FIVE (5) OR MORE VOTING MEMBERS OF THE SOCIETY MAY ALSO NOMINATE CANDIDATES FOR THE BOARD. Form 990, Part VI, Line 11b Review of form 990 by governing body THE SOCIETY HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS THEN REVIEWED BY THE AUDIT COMMITTEE. A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS ELECTRONICALLY PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO ALL BOARD MEMBERS AND MANAGEMENT WITH SPENDING AUTHORITY. IN ADDITION, EACH PERSON IS REQUIRED TO SIGN AND RETURN A FORM INDICATING THEY HAVE READ THE POLICY AND DISCLOSED ANY CONFLICTS OF INTEREST. ALL CONFLICTS ARE FIRST BROUGHT TO THE AUDIT CHAIR FOR REVIEW, THEN TO THE COMMITTEE WHERE NECESSARY ACTION WILL BE DECIDED IF THE CONFLICT IS DEEMED TO BE MATERIAL. Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPENSATION FOR THE CEO and executive leadership team IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF THE INDIANAPOLIS SYMPHONY ORCHESTRA . This process is performed and documented on an annual basis. Form 990, Part VI, Line 19 Required documents available to the public The Organization makes its form 990 available for public inspection as required under section 6104 of the Internal Revenue Code. The return is available on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation, Form 990, and by-laws are also available upon written request or by calling the organization directly. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Pension Liability Adjustment - 1708190; INDIANAPOLIS SYMPHONY ORCHESTRA FOUNDATION INC 32 EAST WASHINGTON ST NO 600 INDIANAPOLIS IN 46204 351812636 FINANCIAL SUPPORT OF INDIANA SYMPHONY SOCIETY IN 501(c)(3) 11 NA false false false true true true false false false false false true true false true true true true true true