2021-06-14T08:47:58-05:00 2020-10-31 264022510 HARRIS & CO PLLC 1120 S RACKHAM WAY SUITE 100 MERIDIAN ID 83642 990 2019-11-01 820397940 SUN VALLEY SUMMER SYMPHONY INC SUNV 2086225607 PO BOX 1914 SUN VALLEY ID 83353 JUDY GETTO PRESIDENT 2086225607 2021-05-27 1 ROBERT SHAPPEE P00447940 2083338965 2021-05-24 2019 2022-09-23 18:48:47Z SUN VALLEY MUSIC FESTIVAL JUDY GETTO PO BOX 1914 SUN VALLEY ID 83353 10180295 0 X WWW.SVMUSICFESTIVAL.ORG X 1985 ID TO PROVIDE MUSIC PERFORMANCES AND ENRICH LIVES THROUGH ARTISTIC PROGRAMMING. 14 14 69 200 0 0 3470551 2973961 98358 131053 519597 153087 -38372 -27889 4050134 3230212 0 0 0 0 1055479 1195505 0 0 332634 2968110 2710364 4023589 3905869 26545 -675657 18638550 18025713 66927 127755 18571623 17897958 TO ENRICH, INSPIRE, AND INSTILL IN OUR COMMUNITY A LIFELONG LOVE OF CLASSICAL MUSIC THROUGH EXTRAORIDNARY, FREE CONCERTS AND EDUCATION PROGRAMS. 0 0 2123658 58747 SUMMER SEASON: EACH SUMMER, THE ORGANIZATION BRINGS MUSICIANS AND GUEST ARTISTS TO SUN VALLEY TO PRESENT A SERIES OF CLASSICAL MUSIC CONCERTS. OVER 100 MUSICIANS FORM THE FESTIVAL ORCHESTRA, LED BY MUSIC DIRECTOR ALASDAIR NEALE. THE CONCERTS ARE PRESENTED AT THE SUN VALLEY PAVILION AND OTHER LOCAL VENUES. ALL CONCERTS - EXCEPT THE FUNDRAISING GALA - ARE PRESENTED FREE OF CHARGE TO THE PUBLIC. EACH SUMMER, OVER 50,000 PEOPLE ATTEND UP TO 15 FREE CONCERTS. 760175 73258 EDUCATION: THE FESTIVAL'S MUSIC INSTITUTE RUNS MUSIC EDUCATION PROGRAMS DURING THE SCHOOL YEAR IN CONJUNCTION WITH LOCAL PUBLIC SCHOOLS AND IN ADDITION, RUNS TWO SUMMER CAMPS DURING THE FESTIVAL'S SUMMER SEASON. SCHOOL-YEAR PROGRAMS SERVE STUDENTS IN LOCAL PUBLIC ELEMENTARY, MIDDLE, AND HIGH SCHOOLS IN PARTNERSHIP WITH MUSIC TEACHERS IN THESE SCHOOLS. THE MUSIC INSTITUTE OFFERS COMPERHENSIVE MUSIC EDUCATION INCLUDING MUSIC THEORY AND ENSEMBLE AND INDIVIDUAL INSTRUCTION. THE SUMMER PROGRAMS OFFER MUSIC EDUCATION FOR CHILDREN IN GRADE 2-12 IN A ONE-WEEK PROGRAM, AND FOR ADVANCED STUDENTS IN A TWO-WEEK ADVANCED CHAMBER PROGRAM. ALL SUMMER PROGRAMS INVOLVE MUSICIANS FROM THE FESTIVAL ORCHESTRA, AS WELL AS GUEST ARTISTS IN SUMMER SEASON. 262073 WINTER SEASON: THE MUSIC FESTIVAL PRESENTS A WINTER CONCERT SERIES IN FEBRUARY OR MARCH. PAST FESTIVALS HAVE PRESENTED THREE CONCERTS - ALL FREE OF CHARGE- WITH PERFORMERS INCLUDING MUSICIANS FROM THE FESTIVAL ORCHESTRA AS WELL AS GUEST ARTISTS. 3145906 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 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 0 0 0 0 1 94 0 1 69 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X STACIE BREW 2086225607 PO BOX 1914 SUN VALLEY ID 83353 JUDY GETTO PRESIDENT 2.00 X X 0 0 0 VICKRIE CUTLER VICE PRESIDENT 0.75 X X 0 0 0 DEB MELLO TREASURER 0.75 X X 0 0 0 TONY PRICE SECRETARY 1.00 X X 0 0 0 SUE MONSON TERM ENDED MID YEAR FORMER PRESIDENT 2.00 X X 0 0 0 TOM LARSEN DIRECTOR 0.50 X 0 0 0 MITCH AUGUST DIRECTOR 0.50 X 0 0 0 JIM DANIELS DIRECTOR 0.50 X 0 0 0 GREG LINDSTROM DIRECTOR 0.50 X 0 0 0 BRAD ROSENBERG DIRECTOR 0.50 X 0 0 0 JULIE SIEGEL DIRECTOR 0.50 X 0 0 0 JANE SPRIGMAN DIRECTOR 0.50 X 0 0 0 KATHRYN URBAN DIRECTOR 0.50 X 0 0 0 DANN DUNN TERM BEGAN MID YEAR DIRECTOR 0.50 X 0 0 0 DEBRA LEVIN TERM ENDED MID YEAR DIRECTOR 0.50 X 0 0 0 GAIL SEVERN DIRECTOR 0.50 X 0 0 0 DEREK DEAN EXECUTIVE DIRECTOR 40.00 X 217263 0 0 217263 0 0 1 0 1 0 0 198887 2775074 97817 2973961 LESSON AND FEES 711190 73258 73258 PROGRAM BOOK AND MERCHANDISE REVE 711190 57795 57795 131053 326400 326400 6747929 6921242 -173313 -173313 -173313 28841 -28841 -28841 952 0 952 952 3230212 132005 0 124246 X 288615 169889 62576 56150 696346 409894 150979 135473 35618 20966 7723 6929 105747 62246 22928 20573 69179 40721 14999 13459 2812 1751 1018 43 53709 52604 275 830 61224 61224 1701220 1666242 8699 26279 156877 129506 1365 26006 130113 87698 7728 34687 21196 20761 108 327 82660 79534 75 3051 80641 80067 184 390 74250 74250 31176 21013 1852 8311 PRODUCTION 307578 296684 10894 STORE MERCHANDISE 4240 4240 VOLUNTEER AWARDS AND GI 2668 2090 452 126 3905869 3145906 427329 332634 90213 368921 21484 6266 19126 2378718 792932 1253041 1585786 13859939 12599273 407607 452607 3000000 3000000 18638550 18025713 66927 127755 66927 127755 X 15760410 15102933 2811213 2795025 18571623 17897958 18638550 18025713 -675657 1992 0 X 0 1 X 1 0 X 2627551 2943707 2816164 3470551 2973961 14831934 2627551 2943707 2816164 3470551 2973961 14831934 14831934 634692 423307 383403 412954 326253 2180609 958 17209 18167 10676 13989 15177 39842 17070552 39842 0.86890 0.84940 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER EQUIPMENT FEES SALES - 2015 AMOUNT: $ 10,676. 2016 AMOUNT: $ 13,989. 2017 AMOUNT: $ 15,177. 2018 AMOUNT: $ 0. SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME OTHER EQUIPMENT FEES & SALES 2014 AMOUNT: $ 9,838 2015 AMOUNT: $10,676 2016 AMOUNT: $13,989 2017 AMOUNT: $15,177 2018 AMOUNT: $ 0 2019 AMOUNT: $ 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9341763 56933 300000 9098696 8720151 842841 221229 9341763 7279821 1400000 40330 8720151 6307803 148761 823257 7279821 6081278 226525 6307803 1.00000 0 0 802880 86859 716021 1575838 706073 869765 1585786 X 3170980 1992 1992 3168988 61224 61224 3230212 3844645 0 3844645 61224 61224 3905869 PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FESTIVAL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2020. PART V, LINE 4 BOARD DESIGNATED ENDOWMENT FUNDS WERE ESTABLISHED TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR OPERATIONS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. X 0 0 0 0 0 0 0 0 0 DEREK DEAN EXECUTIVE DIRECTOR 217263 0 0 0 0 0 0 0 0 0 217263 0 0 0 X 12 97817 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE HAS BROAD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY BETWEEN MEETINGS AND WHEN BOARD MEETINGS ARE NOT PRACTICAL. THE COMMITTEE IS COMPRISED OF THE PRESIDENT, VICE-PRESIDENT, SECRETARY AND TREASURER OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION ADDED SUN VALLEY SUMMER SYMPHONY (D.B.A. SUN VALLEY MUSIC FESTIVAL) TO THE ORGANIZATION'S BY LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND FINANCE MANAGER PRIOR TO FILING. A COPY OF THE FORM 990 IS PROVIDED TO THE FULL BOARD OF DIRECTORS AFTER FILING HAS BEEN COMPLELTED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS COMPLETED BY EACH BOARD MEMBER AND STAFF ANNUALLY AND REVIEWED BY TWO MEMBERS OF THE GOVERNANCE COMITTEE. IF A CONFLICT OF INTEREST IS FOUND TO EXIST, THE DIRECTOR WITH THE CONFLICT WILL ABSTAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND DETERMINED BY THE PRESIDENT OF THE BOARD AND THE HUMAN RESOURCES COMMITTEE USING COMPARABILITY DATA. THE COMPENSATION PROCESS AND OUTCOME IS DOCUMENTED IN THE MINUTES OF THE HR COMMITTEE MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE BOARD IS CONSIDERING ALSO UPLOADING THE 990 TO THE WEBSITE. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 753,567. MANAGEMENT AND GENERAL EXPENSES 3,934. FUNDRAISING EXPENSES 11,885. TOTAL EXPENSES 769,386. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 912,675. MANAGEMENT AND GENERAL EXPENSES 4,765. FUNDRAISING EXPENSES 14,394. TOTAL EXPENSES 931,834.