2022-07-15T07:48:26-05:00 2021-08-31 205991824 SC&H GROUP INC 910 RIDGEBROOK ROAD SPARKS MD 21152 990 2020-09-01 520629696 BALTIMORE SYMPHONY ORCHESTRA INC BALT 4107838100 1212 CATHEDRAL STREET BALTIMORE MD 212015517 JOHN MCLEAN JR CFO 4107838095 2022-07-13 1 JOHN MCLEAN JR 999009999 LORI S BURGHAUSER P00370694 4104031500 2022-07-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARK C HANSON 1212 CATHEDRAL STREET BALTIMORE MD 212015517 21014016 0 X WWW.BSOMUSIC.ORG X 1942 MD PROVIDING SYMPHONIC CONCERTS, CULTURAL AND EDUCATIONAL. 29 28 433 350 0 0 22529011 19446942 5431120 1490538 12980 3541 -22499 -763281 27950612 20177740 0 0 0 0 16937559 13661254 0 0 1159869 6387091 3885180 23324650 17546434 4625962 2631306 11003119 16033795 26981561 26225235 -15978442 -10191440 X THE BALTIMORE SYMPHONY ORCHESTRA'S (BSO) MISSION IS TO PROMOTE, ORGANIZE, MANAGE AND MAINTAIN A SYMPHONY ORCHESTRA FOR THE CITY OF BALTIMORE AND THE STATE OF MARYLAND AND TO HOLD, SPONSOR, AND PRESENT MUSICAL CONCERTS BY THE BALTIMORE SYMPHONY ORCHESTRA. BSO IS AN INTERNATIONALLY RECOGNIZED SYMPHONY ORCHESTRA THAT HAS ATTRACTED A DEVOTED NATIONAL AND INTERNATIONAL FOLLOWING WHILE MAINTAINING DEEP BONDS THROUGHOUT MARYLAND WITH INNOVATIVE EDUCATION AND COMMUNITY OUTREACH INITIATIVES. 0 1 14258598 1490538 PROVIDES SYMPHONIC CONCERTS, CULTURAL AND EDUCATION PRESENTATIONS, CULTURAL AND EDUCATIONAL RENTALS, BROADCASTING AND RECORDING. 14258598 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 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 1 1 1 0 0 1 146 0 433 1 0 0 0 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD VA PA NJ X X JOHN G MCLEAN JR 4107838095 1212 CATHEDRAL STREET BALTIMORE MD 212015517 MR PETER KJOME PRESIDENT AND CEO 32.00 8.00 X X 173910 43478 25627 MR BARRY F ROSEN CHAIR 2.00 1.00 X X 0 0 0 HON STEVEN R SCHUH VICE CHAIR, TREASURER (PART YEAR) 2.00 1.00 X X 0 0 0 MS TERRY M RUBENSTEIN TREASURER 2.00 0.00 X 0 0 0 DR MARSHALL A LEVINE SECRETARY 2.00 0.00 X X 0 0 0 MS KATHLEEN A CHAGNON ESQ SECRETARY (PART YEAR), BOARD MEMBER 2.00 0.00 X X 0 0 0 MR CHUCK ALSTON BOARD MEMBER 2.00 0.00 X 0 0 0 MR RICK BERNSTEIN BOARD MEMBER 2.00 0.00 X 0 0 0 MR AGW BIDDLE III BOARD MEMBER (PART YEAR) 2.00 0.00 X 0 0 0 MR AUGUST J CHIASERA BOARD MEMBER 2.00 0.00 X 0 0 0 MR HARVEY COHEN BOARD MEMBER 2.00 0.00 X 0 0 0 MR ROBERT B COUTTS BOARD MEMBER 2.00 0.00 X 0 0 0 MR WALTER DOGGETT III BOARD MEMBER 2.00 0.00 X 0 0 0 MR ALAN S EDELMAN BOARD MEMBER (PART YEAR) 2.00 0.00 X 0 0 0 MR MICHAEL ERNST BOARD MEMBER 2.00 0.00 X 0 0 0 MR MICHAEL FORSTER BOARD MEMBER 2.00 0.00 X 0 0 0 MS SANDRA LEVI GERSTUNG BOARD MEMBER 2.00 0.00 X 0 0 0 MS DENISE HARGROVE BOARD MEMBER 2.00 0.00 X 0 0 0 MR JOSEPH JENNINGS JR BOARD MEMBER 2.00 0.00 X 0 0 0 MR CHRISTIAN JOHANSSON BOARD MEMBER 2.00 0.00 X 0 0 0 DR SUNIL KUMAR BOARD MEMBER 2.00 0.00 X 0 0 0 MR MARC E LACKRITZ BOARD MEMBER 2.00 0.00 X 0 0 0 MS MARIE LERCH BOARD MEMBER 2.00 0.00 X 0 0 0 MR HOWARD MAJEV ESQ BOARD MEMBER (PART YEAR) 2.00 0.00 X 0 0 0 MS JUDY PHARES BOARD MEMBER 2.00 0.00 X 0 0 0 MR STEPHEN D SHAWE ESQ BOARD MEMBER 2.00 0.00 X 0 0 0 HON JAMES T SMITH JR BOARD MEMBER 2.00 0.00 X 0 0 0 MR SOLOMON H SNYDER MD BOARD MEMBER 2.00 0.00 X 0 0 0 MS MARGUERITE WALSH BOARD MEMBER 2.00 0.00 X 0 0 0 MR BARRY WILLIAMS BOARD MEMBER 2.00 0.00 X 0 0 0 MR PETER L WINIK BOARD MEMBER 2.00 0.00 X 0 0 0 MR JEFFREY T ZOLLER BOARD MEMBER 2.00 0.00 X 0 0 0 MS SARAH BECKWITH VICE PRESIDENT AND CFO 36.00 4.00 X 127632 14181 39844 MS MARIN ALSOP MUSIC DIRECTOR 40.00 0.00 X 288756 0 39529 MR EDWARD CARNEY CONCERT MASTER 40.00 0.00 X 204741 0 40203 MS RAQUEL WHITING-GILMER EXECUTIVE DIRECTOR ORCHKIDS 40.00 0.00 X 157335 0 2750 MS ALLISON BURR-LIVINGSTONE VP AND CHIEF ADVANCEMENT OFFICER 30.00 10.00 X 114303 38101 3204 MS TONYA ROBLES VP AND COO 40.00 0.00 X 149198 0 315 1215875 95760 151472 18 0 1 0 OPUS 3 ARTISTS LLC 470 PARK AVENUE AOUTH 9TH FLOOR NEW YORK NY 10016 CONDUCTORS/GUEST ARTISTS 605586 ARTS MANAGER LLC 1300 PENNSYLVANIA AVE NW SUITE 410 WASHINGTON DC 20004 CONSULTING SERVICES 200000 PRO VIDEO GROUP LLC 16488 GUN CLUB ROAD NEW PARK PA 17352 VIDEO ENGINEER & VIDEO/LIGHTS VENDOR 193710 CES SECURITY INC 115 MCHENRY AVENUE BALTIMORE MD 21208 SECURITY 171128 ROBERT BRUCE MOIR 329 1ST ST APT 3 ASPINWALL PA 15215 ARTISTIC PLANNING CONSULTANT 107774 5 694461 3449210 6814489 8488782 485472 19446942 CONCERT INCOME 711130 793640 793640 EDUCATION REVENUE 711130 483105 483105 BSYO TUITION REVENUE 711130 169470 169470 OTHER PROGRAM SERVICE REVENUE 711130 44323 44323 1490538 3541 3541 108828 -108828 -108828 -108828 72995 694461 727448 -654453 -654453 20177740 1490538 0 -759740 422961 126888 211481 84592 9474183 8373037 527011 574135 863377 761176 102201 2164620 2036963 58273 69384 736113 628684 55679 51750 9405 9405 42260 42260 12997 12997 1366648 962051 290132 114465 456484 289312 167172 251448 98362 144522 8564 245753 245753 534742 520967 13775 34753 33380 92 1281 23723 23723 137167 137167 168435 3202 165233 OTHER EXPENSES 352730 39392 238602 74736 EQUIPMENT RENTAL 162766 162766 CREDIT CARD FEES 67761 67143 603 15 EQUIPMENT HAULING 18108 18108 17546434 14258598 2127967 1159869 600 600 6523038 10558056 1726099 2050321 379677 634366 513948 824051 3128304 2648260 488305 480044 1371452 1486357 11003119 16033795 1378177 1067557 3636172 7586465 1850000 1480000 3181757 2000000 16935455 14091213 26981561 26225235 X -17898442 -11956682 1920000 1765242 -15978442 -10191440 11003119 16033795 X 2631306 3155696 X X 0 1 X 1 0 X 15843986 17896072 14220976 22529011 19446942 89936987 15843986 17896072 14220976 22529011 19446942 89936987 737082 89199905 545908 506513 616050 175519 3541 1847531 411721 349292 240853 84214 72995 1159075 92943593 34123193 0.95970 0.94320 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CONCESSIONS AND OTHER - 2016 AMOUNT: $ 149,527. 2017 AMOUNT: $ 140,224. 2018 AMOUNT: $ 147,360. 2019 AMOUNT: $ 57,259. FUNDRAISING - 2016 AMOUNT: $ 262,194. 2017 AMOUNT: $ 209,068. 2018 AMOUNT: $ 93,493. 2020 AMOUNT: $ 72,995. BSA GIFT SHOP - 2019 AMOUNT: $ 26,955. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12997 12997 17523858 17536855 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 20570 19782 43101 12997 96450 250000 250000 250000 250000 1000000 1500000 20570 19782 43101 12997 96450 71260587 947859 15396000 3449210 687229 101807 83366200 67520059 3254990 5873000 3558565 1726642 102255 71260587 72645812 1874838 759241 3625335 4033578 100919 67520059 72100093 1710293 5936454 3837682 3164348 98998 72645812 68075548 3692480 8069106 3575311 4080641 81089 72100093 1.00000 0 1 1 15032 7872 7160 3113272 2640388 472884 480044 DUE FROM AFFILIATES 1486357 1486357 ACCRUED PENSION COSTS 6495841 DUE TO AFFILIATES 7595372 14091213 X PART V, LINE 4: THE ENDOWMENT IS HELD BY THE BALTIMORE SYMPHONY ENDOWMENT TRUST, A SUPPORTING ORGANIZATION. THE ENDOWMENT IS USED TO SUPPORT THE CHARITABLE, LITERARY AND EDUCATIONAL PURPOSES ASSOCIATED WITH THE PROMOTION OF AN APPRECIATION OF ORCHESTRAL AND SYMPHONIC MUSIC. PART X, LINE 2: ASC 740, INCOME TAXES (ASC 740), PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AS WELL AS GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES AND CONSOLIDATED FINANCIAL STATEMENT REPORTING DISCLOSURES. FOR THESE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE SYMPHONY CONTINUES TO REMAIN SUBJECT TO EXAMINATION BY U.S. FEDERAL AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS. THE SYMPHONY RECOGNIZES INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX EXPOSURE AS A COMPONENT OF INCOME TAX EXPENSE. THE SYMPHONY DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF AUGUST 31, 2021 AND 2020. GALA 767456 694461 72995 446 42326 295993 388683 767456 694461 72995 446 42326 295993 388683 727448 -654453 X X X 0 1 0 0 0 0 0 0 0 MS MARIN ALSOP MUSIC DIRECTOR 288360 0 0 0 396 0 0 0 39529 0 328285 0 0 0 MR EDWARD CARNEY CONCERT MASTER 204483 0 0 0 258 0 676 0 39527 0 244944 0 0 0 MR PETER KJOME PRESIDENT AND CEO 173800 43450 0 0 110 28 0 0 20501 5126 194411 48604 0 0 MS SARAH BECKWITH VICE PRESIDENT AND CFO 127400 14155 0 0 232 26 0 0 35860 3984 163492 18165 0 0 MS RAQUEL WHITING-GILMER EXECUTIVE DIRECTOR ORCHKIDS 157245 0 0 0 90 0 0 0 2750 0 160085 0 0 0 MS ALLISON BURR-LIVINGSTONE VP AND CHIEF ADVANCEMENT OFFICER 114262 38087 0 0 41 14 0 0 2403 801 116706 38902 0 0 PART I, LINE 4B PETER KJOME PARTICIPATES IN THE BALTIMORE SYMPHONY ORCHESTRA, INC. 457(F) PLAN. THERE WERE NO CONTRIBUTIONS OR DISTRIBUTIONS IN THE CURRENT YEAR. PART II, LINE 4, DISCLOSURE INFORMATION OPUS 3 ARTISTS, LLC A COMPANY THAT MANAGES DISTINGUISHED PERFORMING ARTISTS, WAS PAID $605,586, AS AN INDEPENDENT CONTRACTOR FOR MARIN ALSOP'S INDEPENDENT SERVICES OUTSIDE OF HER COMPENSATION AGREEMENT WITH THE BSO. X 35 485472 FMV 0 0 0 0 FORM 990, PART III, LINE 3 THE ORCHESTRA EXPERIENCED AN IMMEDIATE IMPACT FROM COVID-19 INCLUDING THE OFFICIAL CANCELLATION OF ALL PREVIOUSLY ADVERTISED SUBSCRIPTION CONCERTS AND SPECIAL EVENTS AT THE JOSEPH MEYERHOFF SYMPHONY HALL AND THE MUSIC CENTER AT STRATHMORE BEGINNING IN MARCH 2020 THROUGH JUNE 2021. IN JUNE 2021, THE ORCHESTRA PERFORMED OUTDOOR CONCERTS AT THE MEYERHOFF SYMPHONY HALL AND AT THE MUSIC CENTER AT STRATHMORE. IT STARTED PERFORMING INDOOR CONCERTS IN JULY 2021. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE, A SUB-COMMITTEE OF THE BOARD OF DIRECTORS, PRIOR TO SUBMISSION. A COPY OF THE FORM 990 WAS ALSO EMAILED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BSO HAS A CONFLICT OF INTEREST POLICY THAT IS AVAILABLE TO ALL EMPLOYEES IN THE STAFF EMPLOYEE HANDBOOK. THE HANDBOOK IS ISSUED TO EVERY NEW EMPLOYEE OF THE BSO AND THE EMPLOYEE MUST SIGN TO SAY THAT THEY HAVE READ AND UNDERSTOOD THE INFORMATION PROVIDED. THE CONFLICT OF INTEREST POLICY IS MONITORED BY MANAGEMENT WITH EMPHASIS ON THOSE AREAS THAT ARE ESPECIALLY SUSCEPTIBLE TO POSSIBLE CONFLICTS. ANY POTENTIAL CONFLICTS WOULD BE DEALT WITH ON AN INDIVIDUAL BASIS BY THE PRESIDENT/CEO AND THE DIRECTOR OF HUMAN RESOURCES AS NECESSARY. THE POLICY AND ITS APPLICATION SHALL BE REVIEWED ANNUALLY FOR THE INFORMATION AND GUIDANCE OF DIRECTORS, OFFICERS, AND STAFF MEMBERS, EACH OF WHOM HAS A CONTINUING RESPONSIBILITY TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS OF INTEREST, AND MAKE SUCH DISCLOSURES AS DESCRIBED IN THIS POLICY. EACH DIRECTOR AND SENIOR STAFF MEMBER WILL BE ASKED TO COMPLETE A CERTIFICATION OF AGREEMENT WITH THE POLICY AND DISCLOSURE OF ANY KNOWN CONFLICTS OF INTEREST UPON HIS OR HER ELECTION OR RE-ELECTION TO THE BOARD OR COMMENCEMENT OF EMPLOYMENT AND ANNUALLY THEREAFTER. FORM 990, PART VI, SECTION B, LINE 15A BSO FORMED A COMPENSATION COMMITTEE IN THE LATE SUMMER OF 2013 TO SPECIFICALLY DEAL WITH THE CONTRACT OF THE PRESIDENT AND CEO. THE COMMITTEE INITIATED RESEARCH TO DETERMINE REASONABLE COMPENSATION. THAT RESEARCH WAS BASED ON COMPENSATION INFORMATION RECEIVED FROM ORCHESTRAS OF COMPARABLE SIZE IN REVENUE, SEASON LENGTH AND ORCHESTRA SIZE. UPON REVIEW OF THE DATA RECEIVED, THE COMMITTEE REACHED A CONCLUSION AND THE SPECIFIC CONTRACT WAS NEGOTIATED DIRECTLY WITH THE EMPLOYEE. IT IS THE INTENTION OF THE BOARD OF DIRECTORS TO KEEP THE COMPENSATION COMMITTEE ACTIVE AND AVAILABLE TO HANDLE COMPENSATION ISSUES OF THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PENSION RELATED CHANGES INCLUDING NET PERIODIC PENSION COSTS 3,155,696. FORM 990, PAGE 12, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BALTIMORE SYMPHONY ENDOWMENT TRUST 1212 CATHEDRAL STREET BALTIMORE MD 21201 770659339 SUPPORT APPRECIATION OF ORCHESTRAL AND SYMPHONIC MUSIC MD 501(C)(3) LINE 12A, I BALTIMORE SYMPHONY ORCHESTRA INC 1 CATHEDRAL PARKING INC 1212 CATHEDRAL STREET BALTIMORE MD 21201 521239270 PARKING GARAGE MD N/A C 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 BALTIMORE SYMPHONY ENDOWMENT TRUST C 3449210 FMV BALTIMORE SYMPHONY ENDOWMENT TRUST E 6126558 FMV BALTIMORE SYMPHONY ENDOWMENT TRUST O 344301 FMV BALTIMORE SYMPHONY ENDOWMENT TRUST Q 12735 FMV BALTIMORE SYMPHONY ENDOWMENT TRUST E 1480000 FMV