2021-07-14T11:20:36-05:00 2020-08-31 205991824 SC&H GROUP INC 910 RIDGEBROOK ROAD SPARKS MD 21152 990 2019-09-01 520629696 BALTIMORE SYMPHONY ORCHESTRA INC BALT 4107838100 1212 CATHEDRAL STREET BALTIMORE MD 212015517 SARAH BECKWITH CFO 4107838095 2021-07-13 1 LORI S BURGHAUSER P00370694 4104031500 2021-07-13 2019 2022-09-23 18:48:47Z PETER T KJOME 1212 CATHEDRAL STREET BALTIMORE MD 212015517 28219864 0 X WWW.BSOMUSIC.ORG X 1942 MD PROVIDING SYMPHONIC CONCERTS, CULTURAL AND EDUCATIONAL. 29 28 598 350 0 0 14220976 22529011 8641662 5431120 27171 12980 77697 -22499 22967506 27950612 0 0 0 0 16957268 16937559 0 0 1056474 8777184 6387091 25734452 23324650 -2766946 4625962 8437988 11003119 29525543 26981561 -21087555 -15978442 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 20099903 5431120 PROVIDES SYMPHONIC CONCERTS, CULTURAL AND EDUCATION PRESENTATIONS, CULTURAL AND EDUCATIONAL RENTALS, BROADCASTING AND RECORDING. 20099903 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 1 136 0 598 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 SARAH BECKWITH 4107838095 1212 CATHEDRAL STREET BALTIMORE MD 212015517 MS MARIN ALSOP MUSIC DIRECTOR 35.00 0.00 X 283973 0 35648 MR PETER KJOME PRESIDENT AND CEO 34.00 1.00 X X 253969 0 25568 MR JONATHAN CARNEY CONCERT MASTER 35.00 0.00 X 198917 0 37029 MR TODD PRICE ASSISTANT STAGE MANAGER 35.00 0.00 X 154474 0 32399 MS SARAH BECKWITH VICE PRESIDENT AND CFO 34.00 1.00 X 149612 0 33938 MS RAQUEL WHITING-GILMER EXECUTIVE DIRECTOR ORCHKID 35.00 0.00 X 163765 0 5425 MS TONYA ROBLES VP AND COO 35.00 0.00 X 154550 0 2007 MR BARRY F ROSEN CHAIR 2.00 1.00 X X 0 0 0 MS BARBARA M BOZZUTO CHAIR (PART YEAR) 2.00 1.00 X X 0 0 0 HON STEVEN R SCHUH VICE CHAIR, TREASURER 2.00 1.00 X X 0 0 0 MS LAINY LEBOW-SACHS VICE CHAIR (PART YEAR) 2.00 0.00 X X 0 0 0 MS KATHLEEN A CHAGNON ESQ SECRETARY 2.00 0.00 X X 0 0 0 MR RICK BERNSTEIN BOARD MEMBER 2.00 0.00 X 0 0 0 MR AGW BIDDLE III BOARD MEMBER 2.00 0.00 X 0 0 0 MS KELLY CANTLEY 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 2.00 0.00 X 0 0 0 MR MICHAEL ERNST BOARD MEMBER 2.00 0.00 X 0 0 0 MS SANDRA LEVI GERSTUNG BOARD MEMBER 2.00 0.00 X 0 0 0 MR MICHAEL G HANSEN BOARD MEMBER (PART YEAR) 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 DR MARSHALL A LEVINE BOARD MEMBER 2.00 0.00 X 0 0 0 MR HOWARD MAJEV ESQ BOARD MEMBER 2.00 0.00 X 0 0 0 MS VALENCIA MCCLURE BOARD MEMBER (PART YEAR) 2.00 0.00 X 0 0 0 MR JAY ORLANDI BOARD MEMBER 2.00 0.00 X 0 0 0 MR E ALBERT REECE MD BOARD MEMBER 2.00 0.00 X 0 0 0 MS TERRY M RUBENSTEIN 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 1359260 0 172014 16 0 1 0 MARIN ALSOP CO OPUS 3 ARTISTS LLC 470 PARK AVE SOUTH 9TH FLOOR NEW YORK NY 10016 CONDUCTOR 489000 CES SECURITY INC 115 MCHENRY AVENUE BALTIMORE MD 21208 SECURITY 220972 DISPEKER ARTISTS INTERNATIONAL INC 195 CHRYSTIE STREET SUITE 809J NEW YORK NY 10002 GUEST ARTISTS 134077 MOGO MARKETING AND MEDIA INC 21 TAMAL VISTA BOULEVARD SUITE 207 CORTE MADERA CA 94925 MARKETING 133257 JACK EVERLY 10222 EAGLE OAKS LANE ZIONSVILLE IN 46077 CONDUCTOR 123277 6 555780 3558565 2936570 15478096 1239005 22529011 CONCERT INCOME 711130 5143268 5143268 BSYO TUITION REVENUE 711130 180132 180132 OTHER PROGRAM SERVICE REVENUE 711130 107720 107720 5431120 12980 12980 162539 222716 -60177 -60177 -60177 0 555780 34754 -34754 -34754 26955 11782 15173 15173 CONCESSIONS 722210 57259 57259 57259 27950612 5431120 0 -9519 X 431362 129409 215681 86272 12193506 11273535 343931 576040 1196764 1061921 134843 2187121 1990944 123500 72677 928806 829460 52222 47124 21283 21283 51706 51706 43101 43101 15695 15695 2365055 1937898 358349 68808 827665 741243 86422 340542 158611 176792 5139 232091 232091 1244764 1244764 167243 163595 1739 1909 119317 119317 106556 106556 210899 13720 197179 CREDIT CARD FEES 161188 117059 129 44000 EQUIPMENT RENTAL 153760 153760 EQUIPMENT HAULING 104569 104569 OTHER EXPENSES 57925 18215 20179 19531 163732 54644 60536 48552 23324650 20099903 2168273 1056474 600 600 2387324 6523038 1595490 1726099 355255 379677 874705 513948 2999399 2511094 422486 488305 2802128 1371452 8437988 11003119 3885138 1378177 6616032 3636172 2220000 1850000 0 3181757 16804373 16935455 29525543 26981561 X -22686956 -17898442 1599401 1920000 -21087555 -15978442 8437988 11003119 X 4625962 483151 X X 0 1 X 1 0 X 14921566 15843986 17896072 14220976 22529011 85411611 14921566 15843986 17896072 14220976 22529011 85411611 733906 84677705 972432 545908 506513 616050 175519 2816422 463213 411721 349292 240853 84214 1549293 89777326 44926823 0.94320 0.93360 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CONCESSIONS AND OTHER - 2015 AMOUNT: $ 168,996. 2016 AMOUNT: $ 149,527. 2017 AMOUNT: $ 140,224. 2018 AMOUNT: $ 147,360. 2019 AMOUNT: $ 57,259. FUNDRAISING - 2015 AMOUNT: $ 294,217. 2016 AMOUNT: $ 262,194. 2017 AMOUNT: $ 209,068. 2018 AMOUNT: $ 93,493. 2019 AMOUNT: $ 0. BSA GIFT SHOP - 2019 AMOUNT: $ 26,955. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43101 43101 23277625 23320726 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 20623 20570 19782 43101 104076 250000 250000 250000 250000 1000000 1500000 20623 20570 19782 43101 104076 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 69402391 2499063 2979405 3572846 3149912 82553 68075548 1.00000 0 1 1 8015 7699 316 2991384 2503395 487989 488305 DUE FROM AFFILIATES 1371452 1371452 ACCRUED PENSION COSTS 9344537 DUE TO AFFILIATES 7590918 16935455 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, 2020 AND 2019. GALA - CANCELLED 555780 555780 446 577 33731 555780 555780 446 577 33731 34754 -34754 X X X 0 1 0 0 0 0 0 0 0 MS MARIN ALSOP MUSIC DIRECTOR 283577 0 0 0 396 0 0 0 35648 0 319621 0 0 0 MR PETER KJOME PRESIDENT AND CEO 234831 0 0 0 19138 0 6000 0 19568 0 279537 0 0 0 MR JONATHAN CARNEY CONCERT MASTER 198719 0 0 0 198 0 3598 0 33431 0 235946 0 0 0 MR TODD PRICE ASSISTANT STAGE MANAGER 154414 0 0 0 60 0 15447 0 16952 0 186873 0 0 0 MS SARAH BECKWITH VICE PRESIDENT AND CFO 149354 0 0 0 258 0 0 0 33938 0 183550 0 0 0 MS RAQUEL WHITING-GILMER EXECUTIVE DIRECTOR ORCHKID 163675 0 0 0 90 0 0 0 5425 0 169190 0 0 0 MS TONYA ROBLES VP AND COO 154460 0 0 0 90 0 0 0 2007 0 156557 0 0 0 PART I, LINE 4B THE FOLLOWING PARTICIPATED IN BALTIMORE SYMPHONY ORCHESTRA, INC. 457(F) PLAN: PETER KJOME $6,000 PART II, LINE 4, DISCLOSURE INFORMATION OPUS 3 ARTISTS, LLC A COMPANY THAT MANAGES DISTINGUISHED PERFORMING ARTISTS, WAS PAID $489,000, AS AN INDEPENDENT CONTRACTOR FOR MARIN ALSOP'S INDEPENDENT SERVICES OUTSIDE OF HER COMPENSATION AGREEMENT WITH THE BSO. X 49 1239005 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. 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 IX, LINE 11G CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 454,349. MANAGEMENT AND GENERAL EXPENSES 358,349. FUNDRAISING EXPENSES 57,770. TOTAL EXPENSES 870,468. CONDUCTORS & GUEST ARTISTS: PROGRAM SERVICE EXPENSES 1,483,549. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,483,549. PAYMENT PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 11,038. TOTAL EXPENSES 11,038. FORM 990, PART XI, LINE 9: PENSION RELATED CHANGES INCLUDING NET PERIODIC PENSION COSTS 483,151. 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 3558565 FMV BALTIMORE SYMPHONY ENDOWMENT TRUST E 6219466 FMV BALTIMORE SYMPHONY ENDOWMENT TRUST O 338012 FMV BALTIMORE SYMPHONY ENDOWMENT TRUST Q 62264 FMV