2020-02-12T08:37:26-06:00 2019-06-30 420714325 RSM US LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2018-07-01 560556755 NORTH CAROLINA SYMPHONY SOCIETY INC NORT 9197332750 3700 GLENWOOD AVE NO 130 RALEIGH NC 27612 SANDI MA MACDONALD PRESIDENT & CEO 9197332750 2020-02-11 1 YONG ZHANG CPA P01249785 7033366400 66.98.98.135 2020-02-11 14:41:22 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 5BB3B986E96693C9FA12ABDB8E5DE88F5CFF60A5 2018 2020-09-23 17:36:50Z DON K DAVIS 3700 GLENWOOD AVE NO 130 RALEIGH NC 27612 27900459 0 X NCSYMPHONY.ORG X 1932 NC PROMOTE AND FOSTER THE MUSICAL CULTURE AND EDUCATION OF THE COMMUNITIES OF NC. 56 56 272 168 0 0 9980403 21107460 4676735 4905679 161718 409708 34983 26776 14853839 26449623 0 0 0 0 10072533 9874285 0 0 1158644 4893455 6440855 14965988 16315140 -112149 10134483 7219058 18531393 2221921 2595214 4997137 15936179 TO BE NORTH CAROLINA'S STATE ORCHESTRA, AN ORCHESTRA ACHIEVING THE HIGHEST LEVEL OF ARTISTIC QUALITY AND PERFORMANCE STANDARDS, AND EMBRACING ITS DUAL LEGACIES OF STATEWIDE SERVICE AND MUSIC EDUCATION. 0 0 13201309 4905679 FOUNDED IN 1932, THE NORTH CAROLINA SYMPHONY WAS THE FIRST STATE-SUPPORTED ORCHESTRA IN THE COUNTRY, AND ITS DUAL MISSION OF STATEWIDE SERVICE AND MUSIC EDUCATION CONTINUES TODAY. LED BY INTERNATIONALLY KNOWN MUSIC DIRECTOR GRANT LLEWELLYN, IT IS THE LARGEST PERFORMING ARTS ORGANIZATION IN NORTH CAROLINA, AND HAS THE MOST EXTENSIVE MUSIC EDUCATION PROGRAM OF ANY MAJOR U.S. ORCHESTRA. THE SYMPHONY PERFORMS APPROXIMATELY 175 FULL ORCHESTRA CONCERTS ACROSS THE STATE ANNUALLY, TRAVELING MORE THAN 18,500 MILES - MORE THAN ANY STATE SYMPHONY IN THE COUNTRY. VISITING APPROXIMATELY 40 COUNTIES EACH YEAR, THE SYMPHONY PERFORMS FOR 250,000 PEOPLE EACH YEAR, INCLUDING MORE THAN 55,000 STUDENTS. INNOVATIVE PROGRAMS HIGHLIGHT THE SYMPHONY'S ROLE AS A LEADER IN THE CULTURAL LIFE OF THE STATE. 13201309 1 1 0 1 0 0 0 0 0 1 1 0 0 0 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 1 123 0 1 272 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 56 56 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NC X ROBERT SCHILLER 9197332750 3700 GLENWOOD AVE NO 130 RALEIGH NC 27612 DON DAVIS CHAIR 5.00 1.00 X X 0 0 0 MR WM CHARLES HELTON VICE CHAIR 5.00 1.00 X X 0 0 0 DR SALLY C JOHNSON SECRETARY 5.00 X X 0 0 0 JOSEPH C BASTIAN TREASURER 5.00 X X 0 0 0 TERRY STEVENS ASSISTANT TREASURER 5.00 X X 0 0 0 DEBORAH M AIKEN TRUSTEE 1.00 X 0 0 0 DR TIMOTHY ALTMAN TRUSTEE 1.00 X 0 0 0 DR TRUDE R BATE TRUSTEE 1.00 X 0 0 0 JANIE BIRD TRUSTEE 1.00 X 0 0 0 JUD BOWMAN TRUSTEE 1.00 X 0 0 0 PATTY BRIGUGLIO TRUSTEE 3.00 X 0 0 0 MARTIN BRINKLEY TRUSTEE 1.00 X 0 0 0 STEPHEN W BURRISS TRUSTEE 1.00 X 0 0 0 TIM CLANCY TRUSTEE 1.00 X 0 0 0 THE HONORABLE ROY COOPER TRUSTEE 0.00 X 0 0 0 JEFFREY CORBETT TRUSTEE 1.00 X 0 0 0 DAVID CRABTREE TRUSTEE 1.00 X 0 0 0 RICHARD L DAUGHERTY TRUSTEE 1.00 1.00 X 0 0 0 ROBERT C DOHERTY TRUSTEE 1.00 X 0 0 0 KEITH DONAHUE TRUSTEE 1.00 X 0 0 0 RUTH DZAU TRUSTEE 1.00 X 0 0 0 MARGARET POYNER GALBRAITH TRUSTEE 1.00 X 0 0 0 RICK GARDNER TRUSTEE 1.00 X 0 0 0 MICHAEL GERING TRUSTEE 1.00 X 0 0 0 MICHAEL GOLDEN TRUSTEE 3.00 X 0 0 0 DONALD A HAILE TRUSTEE 1.00 X 0 0 0 DAVID L HAINES TRUSTEE 1.00 X 0 0 0 SECRETARY SUSI HAMILTON TRUSTEE 1.00 X 0 0 0 ELAINE BRYANT HAYES TRUSTEE 1.00 X 0 0 0 RICHARD EDWARD HINSON TRUSTEE 1.00 X 0 0 0 DOUGLAS C HORNBERGER TRUSTEE 1.00 X 0 0 0 KEVIN HOWELL TRUSTEE 1.00 X 0 0 0 MICHAEL PATRICK HUGHES TRUSTEE 1.00 X 0 0 0 THE HONORABLE MARK JOHNSON TRUSTEE 1.00 X 0 0 0 L DWAIN JOYCE TRUSTEE 1.00 X 0 0 0 CECELIA ECKERT KENNEDY TRUSTEE 1.00 X 0 0 0 DR ROBERT LACIN TRUSTEE 1.00 X 0 0 0 ROBERT MACNEILL JR TRUSTEE 1.00 X 0 0 0 BRANFORD MARSALIS TRUSTEE 1.00 X 0 0 0 LOUISE A MILLER TRUSTEE 1.00 X 0 0 0 JAMES MORGAN TRUSTEE 1.00 X 0 0 0 GRAHAM H MOSELY TRUSTEE 1.00 X 0 0 0 THOMAS L NORRIS JR TRUSTEE 1.00 X 0 0 0 G PATEL TRUSTEE 1.00 X 0 0 0 FLORENCE PEACOCK TRUSTEE 1.00 X 0 0 0 DR EMILY MANN PECK TRUSTEE 1.00 X 0 0 0 ASHLEY MATLOCK PERKINSON TRUSTEE 3.00 X 0 0 0 DR RAMACHANDRA P REDDY TRUSTEE 1.00 X 0 0 0 RICHARD H ROBINSON JR TRUSTEE 1.00 X 0 0 0 JEFFREY B SHEEHAN TRUSTEE 1.00 X 0 0 0 JASON SMITH TRUSTEE 1.00 X 0 0 0 TRACEY FODOR SMITH TRUSTEE 1.00 X 0 0 0 DAVID SONTAG TRUSTEE 1.00 X 0 0 0 LINDA J STAUNCH TRUSTEE 1.00 X 0 0 0 SANDRA SULLY TRUSTEE 1.00 X 0 0 0 JENNIE HARRIS WALLACE TRUSTEE 1.00 X 0 0 0 DERECK WHITTENBURG TRUSTEE 1.00 X 0 0 0 LARRY WILSON TRUSTEE 1.00 1.00 X 0 0 0 TIM YULL TRUSTEE 1.00 X 0 0 0 SANDI MA MACDONALD PRESIDENT & CEO 55.00 5.00 X 316930 0 29252 ROBERT SCHILLER SENIOR VICE PRESIDENT & CFO 55.00 5.00 X 168750 0 8934 GRANT LLEWELLYN MUSIC DIRECTOR 25.00 X 221000 0 0 MARTIN SHER VP & GENERAL MANAGER 50.00 X 147444 0 30502 ELIZABETH RANSOM VP OF PHILANTHROPY 50.00 X 141872 0 9457 BRIAN REAGIN MUSICIAN 40.00 X 118247 0 23619 LINDA CHARLTON VP MARKETING/AUDIENCE DEV 50.00 X 102814 0 23446 1217057 0 125210 7 0 1 0 DCM 330 WEST 38TH STREET SUITE 207 NEW YORK NY 10018 TELEMARKETING 217196 DISNEY CONCERT PO BOX 101622 PASADENA CA 911891622 GUEST ARTISTS 150482 2 45000 858375 5186577 15017508 283020 21107460 CONCERT REVENUE 711190 4792257 4792257 EDUCATION 711190 62637 62637 PROGRAM PROCESSING FEES 711190 50785 50785 4905679 351639 351639 1480271 1422202 58069 58069 58069 50082 45000 28634 21448 21448 MISCELLANEOUS 900099 5328 5328 5328 26449623 4905679 0 436484 998363 373584 323479 301300 6768815 5873562 577205 318048 407151 332571 68060 6520 1153284 1015925 70877 66482 546672 444648 61390 40634 35790 35790 5239 5239 63578 63578 15978 15978 1383545 764655 269884 349006 660307 656007 4300 116539 26924 29175 60440 9727 6464 1904 1359 293009 101545 191464 239143 224764 3824 10555 42731 9478 33253 187232 2105 185127 GUEST ARTISTS 1200043 1200043 0 0 ACOUSTICAL CANOPY 1011530 1011530 0 0 CONCERT PRODUCTION 809776 790816 18960 0 BOX OFFICE 201660 201660 0 0 165028 165028 16315140 13201309 1955187 1158644 679038 440849 971268 1593246 1041277 1174876 20611 37144 278113 402992 1003497 838658 68740 164839 3980155 14658381 179856 59066 7219058 18531393 296530 418044 1674711 1812497 7942 211459 242738 153214 2221921 2595214 X 50543 962542 4946594 4973637 10000000 4997137 15936179 7219058 18531393 10134483 804559 0 X X 0 1 X 1 0 X 10620378 12964471 9940491 9980403 21107460 64613203 400775 571982 605469 499674 443473 2521373 11021153 13536453 10545960 10480077 21550933 67134576 14083578 53050998 23880 110962 110669 161718 351639 758868 89991 209875 89538 171964 55410 616778 68510222 23116926 0.77440 0.87750 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2014 AMOUNT: $ 89,991. 2016 AMOUNT: $ 20,543. 2017 AMOUNT: $ 7,339. 2018 AMOUNT: $ 5,328. FUNDRAISING REV - 2015 AMOUNT: $ 209,875. 2016 AMOUNT: $ 68,995. 2017 AMOUNT: $ 164,625. 2018 AMOUNT: $ 50,082. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 63578 0 0 63578 0 PART II-B, LINE 1: THE NORTH CAROLINA SYMPHONY IS A MEMBER OF ARTS NORTH CAROLINA WHICH IS A 501(C)(3) TAX EXEMPT ORGANIZATION. OUR DUES WERE $1,800 FOR FY2019 AND A PORTION OF THIS WILL GO TOWARD LOBBYING. OUR STAFF IS INVOLVED IN THE LEGISLATIVE BUDGET PROCESS EACH YEAR DUE TO STATE FUNDING AND IN-KIND FUNDS RECEIVED FROM THE STATE OF NORTH CAROLINA DEPARTMENT OF NATURAL AND CULTURAL RESOURCES. OUR PRESIDENT SERVES AS A DIVISION DIRECTOR WITHIN THE DEPARTMENT OF NATURAL AND CULTURAL RESOURCES. OUR BOARD OF DIRECTORS IS INVOLVED IN INDIVIDUAL EFFORTS TO MAINTAIN OUR STATE SUPPORT. DURING THE 2019 FISCAL YEAR, THE SYMPHONY ALSO ACTIVELY SOUGHT CITY, COUNTY AND FEDERAL GRANTS TO SUPPORT OUR PROGRAMS. WE ALSO RECEIVE IN-KIND SUPPORT FROM THE CITY OF RALEIGH FOR THE USE OF FACILITIES. IN TERMS OF NATIONAL ISSUES, WE ARE A MEMBER OF THE LEAGUE OF AMERICAN ORCHESTRAS TO WHICH WE PAID ANNUAL DUES OF $17,082. AMONG THEIR ACTIVITIES IS GOVERNMENTAL AFFAIRS AND LOBBYING FOR ISSUES RELATED TO THE ARTS. THE LEAGUE OF AMERICAN ORCHESTRAS SPENDS 2% ON LOBBYING EFFORTS THE NORTH CAROLINA SYMPHONY SPENT A TOTAL OF $63,578 ON DIRECT LOBBYING EXPENSES IN FY2019. NO PUBLIC FUNDING WAS USED FOR THESE EXPENSES. 3894047 10000000 1214267 510607 15979 14581728 3920259 10634 291753 189545 4033101 3654295 435288 169324 3920259 1872507 1900000 47418 165630 3654295 1953857 35566 116916 1872507 0.12690 0.68580 0.18730 0 1 1 87726 87726 0 724772 618105 106667 190999 132827 58172 164839 INTERCOMPANY PAYABLE 72367 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 80847 153214 X 27730311 804559 463473 28634 1296666 26433645 15978 15978 26449623 16791269 463473 28634 492107 16299162 15978 15978 16315140 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS IS TO PROVIDE SUPPORT TO THE SOCIETY. THE ENDOWMENT FUNDS OF BOTH THE NORTH CAROLINA SYMPHONY SOCIETY, INC. AND THE NORTH CAROLINA SYMPHONY FOUNDATION ARE MANAGED BY AN INVESTMENT COMMITTEE, COMPRISED OF MEMBERS OF BOTH ORGANIZATIONS' BOARDS. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE: MANAGEMENT HAS EVALUATED THE SYMPHONY'S TAX POSITIONS AND CONCLUDED THAT THE SYMPHONY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FASB. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 28,634. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 28,634. FRIENDS OF NOTE 2019 95082 45000 50082 0 0 28634 NA 95082 45000 50082 28634 28634 21448 SCHEDULE G, PART II: THE FRIENDS OF NOTE FUNDRAISING EVENT NETTED $66,448, INCLUDING BOTH GROSS TICKET SALES AND CONTRIBUTIONS RECEIVED. X X X X X 0 0 0 0 0 0 0 1 0 SANDI MA MACDONALD PRESIDENT & CEO 275000 0 41878 0 52 0 5500 0 23752 0 346182 0 0 0 ROBERT SCHILLER SENIOR VICE PRESIDENT & CFO 153452 0 15280 0 18 0 3117 0 5817 0 177684 0 0 0 GRANT LLEWELLYN MUSIC DIRECTOR 221000 0 0 0 0 0 0 0 0 0 221000 0 0 0 MARTIN SHER VP & GENERAL MANAGER 133776 0 13650 0 18 0 2785 0 27717 0 177946 0 0 0 ELIZABETH RANSOM VP OF PHILANTHROPY 129104 0 12750 0 18 0 2601 0 6856 0 151329 0 0 0 PART I, LINE 7 THE CEO'S PAYMENT INCLUDED IN PART II COLUMN B WAS DUE TO PRIOR YEARS' VOLUNTARY REDUCTIONS IN SALARY. X 24 283020 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNOR OF THE STATE OF NC APPOINTS FOUR TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS THE ENTIRE FORM 990. SCHEDULE B IS REDACTED FOR REVIEW BY THE FULL BOARD SINCE SOME DONORS REQUEST TO REMAIN ANONYMOUS. FORM 990, PART VI, SECTION B, LINE 12C THE NORTH CAROLINA SYMPHONY HAS A CONFLICT OF INTEREST POLICY WHICH ALL TRUSTEES AND EMPLOYEES ARE REQUIRED TO COMPLETE. FORM 990, PART VI, SECTION B, LINE 15 INDUSTRY SALARY SURVEYS ARE USED TO DETERMINE SALARIES, AND COMPENSATION WAS ESTABLISHED BY AN INDEPENDENT CONSULTANT. CEO AND MUSIC DIRECTOR SALARIES ARE REVIEWED AND APPROVED BY A COMMITTEE OF THE BOARD. THE COMPENSATION ARRANGEMENT IS DOCUMENTED WHEN DECIDED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VII, SECTION A: GRANT LLEWELLYN'S COMMITMENT TO NORTH CAROLINA SYMPHONY IS HIS FOREMOST PROFESSIONAL RESPONSIBILITY. FOR THE 2018-19 SEASON, MR. LLEWELLYN CONDUCTED 10 WEEKS. THROUGHOUT THE YEAR, HE WAS AVAILABLE BOTH IN PERSON AND REMOTELY FOR ADDITIONAL ARTISTIC PLANNING, EDUCATION PROGRAMS, ADMINISTRATIVE WORK, AUDITIONS, AND PROMOTIONAL AND PUBLIC RELATIONS ACTIVITIES. MR. LLEWELLYN SPENT A CONSIDERABLE AMOUNT OF TIME ASSISTING WITH THE CULTIVATION AND SOLICITATION OF KEY DONORS AND VOLUNTEERS THROUGH HIS PRESENCE AT MEETINGS, RECEPTIONS AND FUNDRAISING EVENTS. YEAR-ROUND, MR. LLEWELLYN PROVIDES ARTISTIC VISION AND GUIDANCE FOR THE NORTH CAROLINA SYMPHONY, IMPLEMENTS THE ARTISTIC POLICIES FOR THE ORGANIZATION, AND MAINTAINS AND DEVELOPS THE ARTISTIC QUALITY IN ORDER TO UPHOLD THE HIGHEST POSSIBLE STANDARD OF MUSICAL PERFORMANCE IN ALL PROGRAMS. NORTH CAROLINA SYMPHONY FOUNDATION 3700 GLENWOOD AVENUE STE 130 RALEIGH NC 27612 581495066 HOLD SOCIETY'S ENDOWMENT, SOLICIT ADDITIONS,& PROTECT ASSETS NC 501(C)(3) LINE 12A, I NC SYMPHONY SOCIETY 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 NC SYMPHONY FOUNDATION INC C 858375 CASH NC SYMPHONY FOUNDATION INC D 59066 CASH NC SYMPHONY FOUNDATION INC E 72367 CASH