2021-08-12T10:24:22-07:00 2020-09-30 952076568 Leaf & Cole LLP 2810 Camino Del Rio South Suite 200 San Diego CA 92108 990 2019-10-01 237148171 LA JOLLA MUSIC SOCIETY LAJO 8584593724 7600 FAY AVENUE LA JOLLA CA 92037 TODD SCHULTZ President & CEO 2021-08-12 true LATONYA M KNOX P00513874 6192947200 2019 2022-09-23 18:48:47Z TODD SCHULTZ 4951545 false X WWW.LJMS.ORG X 1969 CA To enhance the vitality and deepen the cultural life of San Diego by presenting and producing a dynamic range of performing arts for our increasingly diverse community. 32 32 36 100 0 24798526 3093686 1735330 849000 78086 67878 1338880 751694 27950822 4762258 0 0 2062053 2051192 0 776598 4590164 4037910 6652217 6089102 21298605 -1326844 87691455 82475317 4903641 877448 82787814 81597869 To enhance the vitality and deepen the cultural life of San Diego by presenting and producing a dynamic range of performing arts for our increasingly diverse community. false false 4719128 849000 La Jolla Music SocietyLa Jolla Music Society (LJMS) is organized under the Nonprofit Public Benefit Corporation Law for public and charitable purposes. LJMS is the largest multi-disciplinary presenter in San Diego, and annually produces a nationally recognized summer festival. LJMS mission is: To enhance the vitality and deepen the cultural life of San Diego by presenting and producing a dynamic range of performing arts for our increasingly diverse community. LJMS support comes from individual and corporate donors, and various government and arts agency grants and event ticket sales to the general public.7600 Fay Avenue LLC7600 Fay Avenue LLC (the Company) was formed on May 21, 2014. LJMS is the sole Member of the Company. The Company acquired real property located at 7600 Fay Avenue for the purpose of constructing a performing arts center. The Conrad Prebys Performing Arts Center (The Conrad) opened in April 2019. The Conrad is the new heart of cultural, arts education, and community event activity in La Jolla. The Conrad is the permanent home of LJMS and hosts world-class performances presented by LJMS as well as other San Diego arts presenters. Additionally, The Conrad will see a wide range of conferences, corporate meetings, and private events. 4719128 true true false false false false false false false true true false false true false false false 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 true false false false false true 31 0 false 36 true false false false false false true true false 0 false false false false false false false X 32 32 false false false true false false false true true false false true true true true true true true false false CA X TODD SCHULTZ 8584593724 7600 FAY AVENUE LA JOLLA CA 92037 TED DEDEE President & CEO 40.00 0.00 X 215577 0 0 CHRIS BENAVIDES DIR OF FINANCE 40.00 0.00 X 116679 0 0 DAVID KITTO INTERIM PRES 40.00 0.00 X 107692 0 0 DEBBY FISHBURN MEMBER 3.00 0.00 X 0 0 0 BERT CONELISON MEMBER 3.00 0.00 X 0 0 0 ANN DYNES MEMBER 3.00 0.00 X 0 0 0 CLIFFORD SCHIRESON MEMBER 3.00 0.00 X 0 0 0 JENNIFER EVE Secretary 5.00 0.00 X X 0 0 0 STEPHEN GAMP Treasurer 5.00 0.00 X X 0 0 0 SUE MAJOR MEMBER 3.00 0.00 X 0 0 0 ROBIN NORDHOFF Member 3.00 0.00 X 0 0 0 JOHN HESSELINK MEMBER 3.00 0.00 X 0 0 0 BRIAN DOUGLAS MEMBER 3.00 0.00 X 0 0 0 WENDY BRODY MEMBER 3.00 0.00 X 0 0 0 LISA WIDMIER MEMBER 3.00 0.00 X 0 0 0 LEHN GOETZ MEMBER 3.00 0.00 X 0 0 0 STEPHEN L BAUM Chair 5.00 0.00 X X 0 0 0 SYLVIA RE MEMBER 3.00 0.00 X 0 0 0 KATHERINE CHAPIN MEMBER 3.00 0.00 X 0 0 0 ARMAN ORUC MEMBER 3.00 0.00 X 0 0 0 SHERYL SCARANO MEMBER 3.00 0.00 X 0 0 0 RIC CHARLTON MEMBER 3.00 0.00 X 0 0 0 MAUREEN SHIFTAN MEMBER 3.00 0.00 X 0 0 0 LISE WILSON MEMBER 3.00 0.00 X 0 0 0 PETER WAGENER VICE CHAIR 5.00 0.00 X X 0 0 0 PEGGY PREUSS MEMBER 3.00 0.00 X 0 0 0 CLARA WU MEMBER 3.00 0.00 X 0 0 0 KATRINA WU MEMBER 3.00 0.00 X 0 0 0 SHARON COHEN MEMBER 3.00 0.00 X 0 0 0 JEANETTE STEVENS MEMBER 3.00 0.00 X 0 0 0 MARGE SCHMALE MEMBER 3.00 0.00 X 0 0 0 SUSAN HOEHN MEMBER 3.00 0.00 X 0 0 0 BEBE ZIGMAN MEMBER 3.00 0.00 X 0 0 0 DEBRA TURNER MEMBER 3.00 0.00 X 0 0 0 HAEYOUNG TANG MEMBER 3.00 0.00 X 0 0 0 439948 3 false true false OPUS 3 ARTISTS 470 PARK AVE S 9TH FLOOR NEW YORK NY 10106 ARTIST FEE 143620 1 259464 2834222 534015 3093686 FACILITY FEE 900099 6237 6237 HANDLING FEES 900099 13946 13946 PROGRAM REVENUE 900099 828817 828817 849000 67878 67878 0 0 92819 99927 92819 99927 192746 192746 0 710612 189287 521325 521325 0 0 OTHER INCOME 900099 37623 37623 37623 4762258 1079369 589203 X 0 0 0 0 181277 140492 17665 23120 0 1511822 1171681 147325 192816 8850 6859 862 1129 213807 165703 20835 27269 135436 104965 13198 17273 0 0 0 0 0 0 787839 610585 76774 100480 154186 119496 15025 19665 0 0 0 220228 170679 21461 28088 25020 19391 2438 3191 0 0 0 0 1872963 1451569 182518 238876 82164 63678 8007 10479 MAINTENANCE AND REPAIRS 242442 187895 23626 30921 Printing and Publications 116861 90569 11388 14904 CATERING 110912 85958 10808 14146 ADMINSTRATIVE EXPENSES 104360 80880 10170 13310 320935 248728 31276 40931 6089102 4719128 593376 776598 12750930 2266384 827064 8911 806944 573894 727345 0 0 0 0 0 217742 143245 71595671 2914808 70526284 68680863 0 1835146 562662 0 0 10239358 87691455 82475317 4350946 341786 552695 535662 4903641 877448 X 80454238 79282158 2333576 2315711 82787814 81597869 87691455 82475317 -1326844 -1904 138803 X false false false X 9621671 16255830 11438760 24798526 3093686 65208473 0 0 9621671 16255830 11438760 24798526 3093686 65208473 14509261 50699212 30604 34905 66663 471933 260624 864729 17347 83552 429170 936924 521325 1988318 58043 19269 11904 8109 37623 134948 68196468 6399894 0.74340 0.74450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1869005 129494 29036 1969463 1798702 90936 20633 1869005 1794673 54008 49979 1798702 1773802 106431 85560 1794673 1734296 98523 79017 1753802 0.96000 0.04000 true false false 12045743 12045743 56554136 2175159 54378977 2316269 591083 1725186 679523 148566 530957 68680863 SAN DIEGO FOUNDATION ENDOWMENT 480022 F CONSTRUCTION IN PROGRESS 238732 10239358 Part V, Line 4: Intended uses of the endowment fund. THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO SUPPORT THE GENERAL OPERATIONS OF LA JOLLA MUSIC SOCIETY. false SUMMERFEST GALA 392159 392159 104500 WINTERFEST GALA 315065 315065 83535 707224 707224 188035 188035 519189 X X X X X X false false false false false false false false false TED DEDEE President & CEO 215577 215577 X 12 534015 false true false Form 990, Part VI, Line 5: Description of Material Diversion of Assets In February of 2021, The La Jolla Music Society terminated its longtime director of finance, Chris Benavides, after it had discovered a misappropriation of financial assets of approximately $113,000. A police report was filed in which it alleged he used the money for personal expenses. As of the filing of this form, law enforcement authorities had not completed their investigation. A forensic audit was also undertaken to determine the full extent of the activity. Form 990, Part VI, Line 11b: Form 990 Review Process THE DIRECTOR OF FINANCE REVIEWS THE FORM 990 IN DETAIL. HE PROVIDES THE AUDITCOMMITTEE WITH A GENERAL OVERVIEW OF THE FORM 990 AND ITS COMPONENT PARTS. HE ALSOHOLDS A SUMMARY MEETING WITH THE PRESIDENT/ARTISTIC DIRECTOR AND PRESIDENT OF THEBOARD WHO PROVIDE FINAL APPROVAL. A COMPLETE COPY OF THE 990 IS PROVIDED TO EACH MEMBER OF THE BOARD, PRIOR TO FILING, IN WHICH THEY HAVE THE OPPORTUNITY TO RAISE QUESTIONS OR CONCERNS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts All employees are encouraged to report any conflicts of interest to the president. Failure to report conflicts are grounds for termination. The president must report to the board any conflicts of interest. In regard to Board members, La Jolla Music Society sends out an annual email to all board members asking if any conflicts of interest may exist. Board members are also asked about conflicts of interest during the Annual meeting or the first meeting of the new fiscal year. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management A Compensation Committee was formed consisting of all of the members of the Executive Committee of the Board of Directors. We use a Performance Review that is excerpted from "Boardroom Dancing: A Practical Handbook for Nonprofit Boards," expected to be published by CompassPoint Nonprofit Services. We also gather compensation information from all of the major arts organizations in San Diego. We also call the executive recruiter that we used to hire our last 2 Presidents, including our current one, and ask for opinions on compensation. Finally, we look at a compensation study of Presidents in Not-for-Profit Organizations with the budget sizes of $2.5 15.9 million. We used this data to create a fair compensation package. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available LJMS MAKES ITS AUDITED FINANCIAL STATEMENTS, FORM 990, GOVERNING DOCUMENTS AND POLICIES AVAILABLE UPON REQUEST. 7600 FAY AVENUE LLC 7600 FAY AVENUE LA JOLLA CA 92067 465723508 REAL ESTATE CA 87614 77410426 LA JOLLA MUSIC SOCIETY false false false false false false false false false false false false false false false false false false false