2020-06-24T11:46:06-05:00 2019-08-31 946214841 ARMANINO LLP 12657 ALCOSTA BLVD STE 500 SAN RAMON CA 945834600 990 2018-09-01 941156284 SAN FRANCISCO SYMPHONY SANF 4155528000 DAVIES SYMPHONY HALL 201 VAN NESS SAN FRANCISCO CA 941024585 ELIZABETH PESCH CFO 4155528000 2020-06-10 1 KATY BROWN P00650274 9257902600 2020-06-10 208.127.87.36 2020-06-10 13:34:56 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 13CE7C3651C6F89FC986245CBC0BFFDDFA97FED8 2018 2020-09-22 18:59:49Z SAKURAKO FISHER DAVIES SYMPHONY HALL 201 VAN NESS SAN FRANCISCO CA 941024585 139170059 0 X WWW.SFSYMPHONY.ORG X 1910 CA TO ENRICH, SERVE, AND SHAPE CULTURAL LIFE THROUGHOUT THE SPECTRUM OF BAY AREA COMMUNITIES. 70 70 1164 1800 98825 76799 41942469 42113427 26296266 26453944 19879472 26573280 -881806 -1505688 87236401 93634963 55500 125277 0 0 53859915 52749127 127461 117334 6410983 23878289 26794574 77921165 79786312 9315236 13848651 348290090 340027013 26425652 50704539 321864438 289322474 X THE SAN FRANCISCO SYMPHONY SETS THE HIGHEST POSSIBLE STANDARD FOR EXCELLENCE IN MUSICAL PERFORMANCE AT HOME AND AROUND THE WORLD; ENRICHES, SERVES, AND SHAPES CULTURAL LIFE THROUGHOUT THE SPECTRUM OF BAY AREA COMMUNITIES; MAINTAINS FINANCIAL STABILITY AND GAINS PUBLIC RECOGNITION AS A MEANS OF ENSURING ITS ABILITY TO FULFILL ITS MISSION. 1 0 62210226 125277 24577510 THROUGH ITS ARTISTIC, EDUCATION AND COMMUNITY PROGRAMS, THE SAN FRANCISCO SYMPHONY EACH YEAR SERVES MORE THAN 400,000 BAY AREA RESIDENTS AND VISITORS OF EVERY ECONOMIC AND CULTURAL BACKGROUND IN OVER 200 CONCERTS. THE SYMPHONY ADDITIONALLY REACHES MILLIONS OF OTHERS THROUGHOUT THE UNITED STATES AND ABROAD THROUGH TOURING, RECORDING, THE WEB, AND RADIO AND TELEVISION BROADCASTS.THE GRAMMY AWARD WINNING SAN FRANCISCO SYMPHONY IS REGARDED INTERNATIONALLY AS ONE OF THE FOREMOST AMERICAN ORCHESTRAS. UNDER MUSIC DIRECTOR MICHAEL TILSON THOMAS, THE SYMPHONY OFFERS EXCITING CLASSICAL PROGRAMS WITH INTERNATIONALLY ACCLAIMED GUEST ARTISTS IN ITS 100+ CONCERT SUBSCRIPTION SERIES. OTHER ANNUAL SERIES INCLUDE THE GREAT PERFORMERS SERIES, MUSIC FOR FAMILIES AND THE CHAMBER MUSIC SERIES. IN ADDITION, THE ORCHESTRA OFFERS FREE COMMUNITY CONCERTS, AN ANNUAL SUMMER FESTIVAL, AND DECEMBER HOLIDAY CONCERTS.THE SYMPHONY PROVIDES AN EXTENSIVE ARRAY OF MUSIC EDUCATION PROGRAMS FOR YOUTH AND ADULTS, MOST OF WHICH ARE FREE OF CHARGE. FOR YOUNG CHILDREN, THERE IS ADVENTURES IN MUSIC, A COMPREHENSIVE MUSIC EDUCATION PROGRAM IN EVERY SAN FRANCISCO PUBLIC ELEMENTARY SCHOOL SERVING OVER 25,000 CHILDREN AND CONCERTS FOR KIDS, REACHING NEARLY 35,000 SCHOOL CHILDREN EACH YEAR FROM AROUND THE GREATER BAY AREA. OTHER PROGRAMS INCLUDE A SPECIAL WEB SITE FOR CHILDREN, WWW.SFSKIDS.ORG, OFFERING YOUNGSTERS AROUND THE WORLD AN INTRODUCTION TO MUSIC, THE INSTRUMENT TRAINING PROGRAM FOR MIDDLE AND HIGH SCHOOL MUSIC STUDENTS; THE HOWARD SKINNER STUDENT FORUM, OFFERING GREATLY DISCOUNTED TICKETS TO COLLEGE STUDENTS; AND FREE TICKETS FOR HIGH SCHOOL AND COLLEGE MUSIC STUDENTS. FOR ADULTS, THE SYMPHONY PRESENTS INSIDE MUSIC TALKS, WHICH ARE FREE OF CHARGE BEFORE EACH CONCERT. OTHER PROGRAMS REACH ECONOMICALLY DISADVANTAGED BAY AREA RESIDENTS AND INCLUDE FREE OUTDOOR CONCERTS AND SEVERAL PROGRAMS DISTRIBUTING DISCOUNTED AND COMPLIMENTARY TICKETS. THE SYMPHONY'S WIDE-RANGING RECORDING AND MEDIA PROJECTS MAKE CLASSICAL MUSIC MORE ACCESSIBLE TO PEOPLE OF ALL AGES AND BACKGROUNDS, INCLUDING A NATIONAL PBS-TV SERIES OF DOCUMENTARIES AND CONCERTS, NATIONALLY SYNDICATED RADIO PROGRAMS, AND INTERACTIVE WEBSITES. 4386332 1936189 IN PARTNERSHIP WITH THE SAN FRANCISCO UNIFIED SCHOOL DISTRICT, THE SAN FRANCISCO SYMPHONY PROVIDES COMPREHENSIVE MUSIC EDUCATION TO EVERY STUDENT IN GRADES 1-5 IN SAN FRANCISCO'S PUBLIC ELEMENTARY SCHOOLS THROUGH ADVENTURES IN MUSIC, AND SUPPORTS EVERY PUBLIC MIDDLE AND HIGH SCHOOL BAND AND ORCHESTRA PROGRAM THROUGH MUSIC AND MENTORS. 66596558 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 1 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 256 0 1 1164 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 70 70 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JUDI SANDERLIN CONTROLLER 4155528000 DAVIES SYMPHONY HALL 201 VAN NESS SAN FRANCISCO CA 941024585 SAKURAKO FISHER PRESIDENT 30.00 X X 0 0 0 PRISCILLA B GEESLIN VICE PRESIDENT 3.00 X X 0 0 0 GORRETTI LO LUI VICE PRESIDENT 3.00 X X 0 0 0 A JOHN GAMBS VICE PRESIDENT/TREASURER 3.00 X X 0 0 0 LYDIA I BEEBE SECRETARY 3.00 X X 0 0 0 AIDA M ALVAREZ MEMBER, BOARD OF GOVERNORS 1.90 X 0 0 0 MICHAEL ANDERS MEMBER, BOARD OF GOVERNORS 1.60 X 0 0 0 NANCY H BECHTLE MEMBER, BOARD OF GOVERNORS 2.30 X 0 0 0 DAVID J BERGER MEMBER, BOARD OF GOVERNORS 1.90 X 0 0 0 ATHENA T BLACKBURN MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 PAULA B BLANK MEMBER, BOARD OF GOVERNORS 1.40 X 0 0 0 CAROL CASEY MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 DEAN CASH MEMBER, BOARD OF GOVERNORS 1.10 X 0 0 0 IRIS CHAN MEMBER, BOARD OF GOVERNORS 1.58 X 0 0 0 JOHN S CHEN MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 MATT COHLER MEMBER, BOARD OF GOVERNORS 1.60 X 0 0 0 MARGARET LIU COLLINS MEMBER, BOARD OF GOVERNORS 1.20 X 0 0 0 NANCY R CONNER MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 DAN COOPERMAN MEMBER, BOARD OF GOVERNORS 1.60 X 0 0 0 MICHELE BEIGEL CORASH MEMBER, BOARD OF GOVERNORS 1.80 X 0 0 0 MRS ROBERT A CORRIGAN MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 GAIL L COVINGTON MEMBER, BOARD OF GOVERNORS 2.30 X 0 0 0 ROBERTA DENNING MEMBER, BOARD OF GOVERNORS 1.50 X 0 0 0 MARY C FALVEY MEMBER, BOARD OF GOVERNORS 2.20 X 0 0 0 MRS DONALD G FISHER MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 MARY A FRANCIS MEMBER, BOARD OF GOVERNORS 1.80 X 0 0 0 DAVID A FRIEDBERG MEMBER, BOARD OF GOVERNORS 1.20 X 0 0 0 GORDON P GETTY MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 JOHN D GOLDMAN MEMBER, BOARD OF GOVERNORS 2.30 X 0 0 0 JIM HENRY MEMBER, BOARD OF GOVERNORS 2.30 X 0 0 0 BASHEER JANJUA MEMBER, BOARD OF GOVERNORS 1.38 X 0 0 0 GREGORY E JOHNSON MEMBER, BOARD OF GOVERNORS 1.96 X 0 0 0 MARK A JUNG MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 JUDI KANTER MEMBER, BOARD OF GOVERNORS 1.50 X 0 0 0 MRS WILLIAM R KIMBALL MEMBER, BOARD OF GOVERNORS 1.20 X 0 0 0 F CURT KIRSCHNER MEMBER, BOARD OF GOVERNORS 1.70 X 0 0 0 METTA KRACH MEMBER, BOARD OF GOVERNORS 1.40 X 0 0 0 CHRISTINE E LAMOND MEMBER, BOARD OF GOVERNORS 1.20 X 0 0 0 PATRICIA LEE-HOFFMANN MEMBER, BOARD OF GOVERNORS 1.50 X 0 0 0 MAX LEVCHIN MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 FRED M LEVIN MEMBER, BOARD OF GOVERNORS 1.80 X 0 0 0 MARYON DAVIES LEWIS MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 ERIC X LI MEMBER, BOARD OF GOVERNORS 1.90 X 0 0 0 DR RAYMOND K Y LI MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 MARC T MACAULAY MEMBER, BOARD OF GOVERNORS 2.39 X 0 0 0 REBECCA MACIEIRA-KAUFMANN MEMBER, BOARD OF GOVERNORS 1.50 X 0 0 0 CHRISTINE MATTISON MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 J WILLIAM MORRIS III MEMBER, BOARD OF GOVERNORS 2.30 X 0 0 0 ROBERT G O'DONNELL MEMBER, BOARD OF GOVERNORS 1.60 X 0 0 0 MRS JAMES C PARAS MEMBER, BOARD OF GOVERNORS 1.20 X 0 0 0 MARK C PERRY MEMBER, BOARD OF GOVERNORS 1.60 X 0 0 0 KAUSIK RAJGOPAL MEMBER, BOARD OF GOVERNORS 1.40 X 0 0 0 RICHARD M ROSENBERG MEMBER, BOARD OF GOVERNORS 2.00 X 0 0 0 FREDERIC M SEEGAL MEMBER, BOARD OF GOVERNORS 1.10 X 0 0 0 MRS GEORGE P SHULTZ MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 TRINE SORENSEN MEMBER, BOARD OF GOVERNORS 1.90 X 0 0 0 ROBERT B THOMPSON MEMBER, BOARD OF GOVERNORS 2.00 X 0 0 0 ZACHARY TOWNSEND MEMBER, BOARD OF GOVERNORS 2.20 X 0 0 0 ROBERT R TUFTS MEMBER, BOARD OF GOVERNORS 1.10 X 0 0 0 M ISABEL VALDES MEMBER, BOARD OF GOVERNORS 1.20 X 0 0 0 JACK WILLIAM VAN GEEM MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 GE WANG MEMBER, BOARD OF GOVERNORS 1.10 X 0 0 0 DAVID J WEBER MEMBER, BOARD OF GOVERNORS 1.60 X 0 0 0 ANITA L WORNICK MEMBER, BOARD OF GOVERNORS 1.20 X 0 0 0 JEFF BLEICH LEFT 1218 MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 TIM FITZPATRICK LEFT 1218 MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 PAULA B PRETLOW LEFT 1218 MEMBER, BOARD OF GOVERNORS 1.50 X 0 0 0 PATRICIA SUGHRUE SPRINCIN LEFT 1218 MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 TONY TROUSSET LEFT 1218 MEMBER, BOARD OF GOVERNORS 1.40 X 0 0 0 JEFF BHARKHDA START 119 MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 JEROME GUILLEN START 119 MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 JEFF HAN START 119 MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 VINCENT MATTHEWS START 119 MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 DEBBIE MCCOY START 119 MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 MICHAEL PIERCE START 119 MEMBER, BOARD OF GOVERNORS 1.00 X 0 0 0 MARK HANSON CEO 60.00 X 930718 0 37389 JAMES KIRK CFO 60.00 X 243030 0 35651 ALEXANDER BARANTSCHIK CONCERTMASTER 60.00 X 541346 0 46530 EUGENE IZOTOV PRINCIPAL OBOE 60.00 X 347018 0 46530 SCOTT PINGEL PRINCIPAL BASS 60.00 X 308995 0 19102 EDWARD STEPHAN PRINCIPAL TIMPANI 60.00 X 300808 0 12199 MARK INOUYE PRINCIPAL TRUMPET 60.00 X 291386 0 46530 2963301 0 243931 133 0 1 0 MTT INC 1675 BROADWAY 20TH FLOOR NEW YORK NY 10019 CONDUCTOR 2139720 EVENTS MANAGEMENT INC 2525 16TH STREET SUITE 311 SAN FRANCISCO CA 94103 CATERER 699524 COLUMBIA ARTISTS MGMT LLC 1790 BROADWAY 16TH FLOOR NEW YORK NY 10019 ARTIST AGENT 629638 HEARST COMMUNICATIONS SAN FRANCISCO CHR 901 MISSION STREET SAN FRANCISCO CA 941032988 ADVERTISING 532920 OPUS 3 ARTISTS 470 PARK AVENUE SOUTH 9TH FLOOR NEW YORK NY 10016 ARTIST AGENT 526547 26 4114968 4202883 33795576 2001933 42113427 CONCERT & RELATED REVE 711130 26130677 26130677 VOLUNTEER COUNCIL 711130 234263 234263 SFS MEDIA 515100 89004 89004 26453944 5395583 35582 5360001 9908 9908 63243 0 63243 63243 63243 63270000 42092303 21177697 21177697 21177697 836561 4114968 2506871 -1670310 -1670310 995677 935922 59755 59755 MISCELLANEOUS 900099 31716 31716 31716 93634963 26513699 98825 24909012 X 125277 125277 1191684 827518 364166 40189642 36388097 1865793 1935752 2891320 2608320 225780 57220 5744181 4961641 489154 293386 2732300 2325176 210043 197081 628921 618219 10702 82150 82150 243247 243247 49400 49400 117334 117334 349320 349320 8763176 7969160 195016 599000 3599664 3315304 284360 818348 406011 130623 281714 699120 139598 522104 37418 5334 5334 1713648 942009 693149 78490 4073692 2850093 86756 1136843 2239914 2239914 OTHER EXPENSES 2436252 1008839 746861 680552 CONCERT PRODUCTION 1092388 693566 51155 347667 79786312 66596558 6778771 6410983 2945083 3867069 4517828 297578 13408922 15989403 785841 4280629 524445 544444 2931767 2638954 604727 368119 2514314 2620483 39247978 21765854 19360205 17482124 195727859 210695000 95823828 72948970 9145271 8294240 348290090 340027013 4636877 5934621 11481606 11188319 1000000 81085 10226084 32581599 26425652 50704539 X 43071711 -4112783 114537990 15640467 164254737 277794790 321864438 289322474 348290090 340027013 X 13848651 -21992193 -1839685 -22558737 X X 0 1 X 1 0 X 31646868 31602376 29263278 41942469 42113427 176568418 31646868 31602376 29263278 41942469 42113427 176568418 30174043 146394375 4522968 4139804 4897507 4860874 5360001 23781154 84999 373531 495041 132276 98825 1184672 1361503 917400 842473 907323 878185 4906884 206441128 152932436 0.70910 0.62890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49400 49400 79736912 79786312 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 33248 36361 18750 49400 137759 250000 250000 250000 250000 1000000 1500000 141500 X X X REPLICA FOR ANNUAL POSTER 0 301999893 785026 4104155 26250126 280638948 314808035 6910962 26116171 45835275 301999893 303916391 5532430 36874167 31514953 314808035 297415006 4305898 19803541 17608054 303916391 312220543 2865945 -1729305 15942177 297415006 0.02670 0.97330 1 0 19392716 15324894 4067822 19585467 6440960 13144507 269795 269795 17482124 LIMITED PARTNERSHIPS AND OTHERS 72948970 F 72948970 LIABILITES TO BENEFICIARY OF SPLIT INT. AGREEMENTS 3131993 PENSION BENEFIT LIABILITIES 29449606 32581599 X 73130679 -21992193 266280 1570949 -20154964 93285643 349320 349320 93634963 81274221 266280 1570949 1837229 79436992 349320 349320 79786312 PART V, LINE 4: THE SYMPHONY'S ENDOWMENT PLAYS A VITAL ROLE IN PROVIDING THE FINANCIAL SUPPORT AND STABILITY THAT FURTHER THE SYMPHONY'S MISSION: TO SET THE HIGHEST POSSIBLE STANDARD IN MUSICAL PERFORMANCE AND TO SERVE AND SHAPE CULTURAL LIFE THROUGHOUT THE BAY AREA'S DIVERSE COMMUNITIES. THE SYMPHONY'S ENDOWMENT PROVIDES A STEADY, STABLE, AND PREDICTABLE REVENUE STREAM THAT ALLOWS US TO PLAN FOR THE SYMPHONY'S ENRICHING PROGRAMS. PART X, LINE 2: THE SFS IS A NONPROFIT ORGANIZATION PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE STATE OF CALIFORNIA EQUIVALENT LEGISLATION AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON INCOME RELATED TO ITS TAX-EXEMPT PURPOSE. THE SFS EVALUATED ITS CURRENT TAX POSITIONS AND CONCLUDED THAT AS OF AUGUST 31, 2019 AND 2018, THE SFS DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. FOR STATE TAX PURPOSES, THE SFS IS GENERALLY NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS PRIOR TO 2015. FOR FEDERAL TAX PURPOSES, THE SFS IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS PRIOR TO 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 2,506,871. COST OF GOODS SOLD -935,922. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 2,506,871. COST OF GOODS SOLD -935,922. SCHEDULE D PART V LINE 1E COLUMN A AS A RESULT OF MARKET DECLINES, THE FAIR VALUE OF THE DONOR-RESTRICTED ENDOWMENTS MAY FALL BELOW ORIGINAL CONTRIBUTED VALUE. DEFICIENCIES CAN RESULT FROM UNFAVORABLE MARKET FLUCTUATIONS THAT OCCUR WHILE CONTINUED APPROPRIATIONS ARE DEEMED PRUDENT BY THE BOARD. SFS HAS ONE FUND WITH AN AGGREGATE MARKET VALUE OF $2,312 AT AUGUST 31, 2019 THAT IS BELOW THE VALUES OF THE ORIGINAL GIFTS AND IT WILL NOT DRAW ON SUCH FUND UNTIL THE BALANCE IS RESTORED TO THAT OF THE ORIGINAL GIFTS. THERE WAS NO SUCH FUND AS AUGUST 31, 2018. THESE UNREALIZED LOSSES HAVE BEEN RECORDED AS REDUCTIONS IN NET ASSETS WITH DONOR RESTRICTIONS. FUTURE MARKET GAINS WILL BE USED TO RESTORE THIS REDUCTION IN NET ASSETS. FOR FINANCIAL REPORTING PURPOSES, DONOR-RESTRICTED ENDOWMENT FUND APPRECIATION, GAINS, AND INCOME EXCEEDING DONOR RESTRICTIONS ARE CLASSIFIED AS NET ASSETS WITH DONOR RESTRICTIONS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE BOARD. UPON APPROPRIATION, APPRECIATION AND EARNINGS ARE RECLASSIFIED AS NET ASSETS WITHOUT DONOR RESTRICTIONS. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PASSIVE INVESTMENTS 18116379 EAST ASIA AND THE PACIFIC 0 0 PASSIVE INVESTMENTS 26560261 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PASSIVE INVESTMENTS 36027790 NORTH AMERICA 0 0 PASSIVE INVESTMENTS 7418508 RUSSIA AND NEIGHBORING STATES 0 0 PASSIVE INVESTMENTS 1008350 SOUTH AMERICA 0 0 PASSIVE INVESTMENTS 3810383 0 0 0 0 0 0 92941671 0 92941671 1 0 0 0 0 0 X 1 ARTSMARKETING SERVICES 260 KING STREET EAST SUITE 500 TORONTO CA M5A 4L5 CONSULT & SOLICIT FOR TELEFUNDING 0 247922 117334 130588 247922 117334 130588 CA OPENING GALA 3432978 3016895 416083 20490 1647040 DECK THE HALL CHRISTMAS 646131 379367 266764 19900 326986 1 872420 718706 153714 12375 480080 4951529 4114968 836561 52765 2454106 2506871 -1670310 1 AP GIANNINI MIDDLE SCHOOL 3151 ORTEGA STREET SAN FRANCISCO CA 94122 946000416 GOVERNMENT 18771 FMV TICKETS TO PROVIDE THE COMMUNITY FREE ACCESS TO SELECT SYMPHONY PERFORMANCES PRESIDIO MIDDLE SCHOOL 450 30TH AVENUE SAN FRANCISCO CA 94121 946000416 GOVERNMENT 18656 FMV TICKETS TO PROVIDE THE COMMUNITY FREE ACCESS TO SELECT SYMPHONY PERFORMANCES VETERAN TICKETS FOUNDATION 1255 W RIO SALADO TEMPE AZ 85281 262291955 501(C)(3) 87850 FMV TICKETS TO PROVIDE VETERANS FREE ACCESS TO SYMPHONY PERFORMANCES 3 0 PART I, LINE 2: THE SYMPHONY DONATES TICKETS TO VARIOUS ORGANIZATIONS, PREDOMINANTLY RELATED TO EDUCATION. SYMPHONY STAFF MEMBER(S) WORK DIRECTLY WITH THE SCHOOLS AND ATTEND CONCERTS TO PERSONALLY WELCOME THE TEACHERS AND STUDENTS WHO ARE ATTENDING THESE CONCERTS. X X X X 0 0 0 0 0 0 0 0 0 MARK HANSON CEO 867308 0 0 0 63410 0 0 0 37389 0 968107 0 0 0 JAMES KIRK CFO 242832 0 0 0 198 0 7124 0 28527 0 278681 0 0 0 ALEXANDER BARANTSCHIK CONCERTMASTER 539822 0 0 0 1524 0 0 0 46530 0 587876 0 0 0 EUGENE IZOTOV PRINCIPAL OBOE 346838 0 0 0 180 0 0 0 46530 0 393548 0 0 0 SCOTT PINGEL PRINCIPAL BASS 308875 0 0 0 120 0 0 0 19102 0 328097 0 0 0 EDWARD STEPHAN PRINCIPAL TIMPANI 300688 0 0 0 120 0 0 0 12199 0 313007 0 0 0 MARK INOUYE PRINCIPAL TRUMPET 291206 0 0 0 180 0 0 0 46530 0 337916 0 0 0 MARK C HANSON OFFICER RELOCATION ASSISTANCE X 500000 444444 0 1 1 SCOTT J PINGEL HIGHEST COMPENSATED EMPLOYEE HOUSING ASSISTANCE X 100000 40000 0 0 1 EDWARD STEPHAN HIGHEST COMPENSATED EMPLOYEE HOUSING ASSISTANCE X 100000 60000 0 0 1 544444 SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: SFS'S BOARD-APPROVED AGREEMENT OF AUTHORITY DOES NOT REQUIRE SPECIFIC APPROVAL FROM THE BOARD AND/OR COMMITTEES. X 32 1629921 FMV X INSTRUMENTS 1 254274 FMV X FOOD/GOODS 10 117738 FMV 66 0 1 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTIONS MADE, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART III, LINE 2 REFERENCE FORM 990, PART III, LINE 4B FOR DETAILED DESCRIPTION. FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD, DORIS FISHER AND SAKURAKO FISHER, ARE RELATED BY MARRIAGE. FORM 990, PART VI, SECTION B, LINE 11B ON BEHALF OF THE BOARD OF GOVERNORS, THE AUDIT COMMITTEE SHALL HAVE THE RESPONSIBILITY TO REVIEW THE SYMPHONY'S FORM 990 BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. THE COMMITTEE IS PROVIDED WITH A COMPLETE COPY OF THE FILING, INCLUDING ALL SUPPORTING SCHEDULES AND ATTACHMENTS. A MEETING OF THE AUDIT COMMITTEE (EITHER IN PERSON OR VIA ELECTRONIC MEANS) SHALL BE HELD TO REVIEW THE 990 FORM WITH MANAGEMENT AND/OR THE PREPARERS. ALL QUESTIONS, COMMENTS AND SUGGESTED REVISIONS SET FORTH BY THE AUDIT COMMITTEE WILL BE DOCUMENTED ALONG WITH THE RESPONSES, IF APPLICABLE, AND THE FILING UPDATED OR REVISED AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 12C THE SYMPHONY'S CONFLICT OF INTEREST POLICY COVERS MEMBERS OF THE BOARD OF GOVERNORS AND THE EXECUTIVE LEADERSHIP TEAM. THE POLICY IS REVIEWED ANNUALLY BY THE AUDIT COMMITTEE. PER THE POLICY, EACH BOARD MEMBER AND EXECUTIVE TEAM MEMBER COMPLETE AN ANNUAL DISCLOSURE FORM TO IDENTIFY EXISTING OR POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES COMMITTEE (COMMITTEE) OF THE BOARD OF GOVERNORS DETERMINES THE COMPENSATION PACKAGE OF THE CHIEF EXECUTIVE OFFICER (CEO), THE MUSIC DIRECTOR, AND THE CHIEF FINANCIAL OFFICER (CFO) OF THE SYMPHONY. THE COMMITTEE WILL MEET ANNUALLY TO REVIEW AND APPROVE THE COMPENSATION AND BENEFIT PACKAGES FOR THE CEO AND CFO. THE COMMITTEE RELIES ON COMPARABILITY DATA PREPARED BY THE DIRECTOR OF HUMAN RESOURCES FOR THE SAME OR SIMILAR POSITIONS IN COMPARABLE ORCHESTRAS IN THE UNITED STATES AND SIMILAR POSITIONS FOR NON-PROFITS IN THE SAN FRANCISCO BAY AREA. SIMILARLY, THE COMMITTEE PROVIDES GUIDELINES FOR NEGOTIATION OF COLLECTIVE BARGAINING AGREEMENTS, INCLUDING TOTAL COST GUIDELINES DEVELOPED IN CONSULTATION WITH THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE REQUIRED ORGANIZATIONAL DOCUMENTS OF THE SYMPHONY WILL BE AVAILABLE (FOR INSPECTION OR COPYING) AT DAVIES SYMPHONY HALL DURING NORMAL BUSINESS HOURS AT NO CHARGE. THE PUBLIC INSPECTION COPY OF THE SYMPHONY'S FORM 990 AND THE AUDITED FINANCIAL REPORTS, FROM THE PREVIOUS FIVE YEARS (AT A MINIMUM), WILL BE AVAILABLE (FOR INSPECTION OR COPYING) AT DAVIES SYMPHONY HALL DURING NORMAL BUSINESS HOURS AT NO CHARGE. WHEN RESPONDING TO A PUBLIC INSPECTION REQUEST FOR FINANCIAL STATEMENTS OR THE FORM 990 BY ANYONE, THE SYMPHONY SHALL FULFILL SUCH REQUEST IN A TIMELY FASHION WITHOUT INQUIRING AS TO THE REASON FOR THE PUBLIC INSPECTION REQUEST. IN ADDITION, THE SYMPHONY'S FORM 990 IS AVAILABLE TO THE PUBLIC ON THE INTERNET AT GUIDESTAR AND ON THE COMPANY'S MAIN WEBSITE. FORM 990, PART IX, LINE 11G GUESTS ARTISTS AND CONDUCTORS: PROGRAM SERVICE EXPENSES 5,500,465. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 169,169. TOTAL EXPENSES 5,669,634. CONSULTING: PROGRAM SERVICE EXPENSES 2,468,695. MANAGEMENT AND GENERAL EXPENSES 195,016. FUNDRAISING EXPENSES 429,831. TOTAL EXPENSES 3,093,542. FORM 990, PART XI, LINE 9: CHANGE IN PENSION BENEFIT LIABILITIES -22,558,737. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 8, PRIOR PERIOD ADJUSTMENTS: DURING THE FISCAL YEAR ENDED AUGUST 31, 2019, MANAGEMENT ENGAGED THE ADVICE OF EXTERNAL LEGAL COUNSEL AND CONDUCTED A DETAILED INTERNAL REVIEW OF HISTORICAL GIFT AGREEMENTS AND THE ASSOCIATED ACCOUNTING TREATMENT OF SUCH GIFTS. AS A RESULT OF THIS REVIEW, MANAGEMENT CONCLUDED THAT CERTAIN DONOR DOCUMENTATION COULD BE INTERPRETED AS REQUIRING CLASSIFICATION AS "WITH DONOR RESTRICTIONS" UNDER U.S. GAAP. AS SUCH, CERTAIN PRIOR YEAR GIFTS THAT WERE ORIGINALLY DEEMED WITHOUT DONOR RESTRICTIONS AND INCLUDED AS PART OF THE BOARD DESIGNATED ENDOWMENT, WERE RECATEGORIZED TO THE ENDOWMENT NET ASSETS WITH DONOR RESTRICTIONS BASED ON THE LEGAL INTERPRETATION OF DONOR INTENT. MANAGEMENT ALSO DETERMINED THAT CERTAIN CAPITALIZED COSTS IN PRIOR FISCAL YEARS RELATED TO WORK IN PROGRESS SHOULD HAVE BEEN RECORDED AS EXPENSE. AS A RESULT, PROPERTY AND EQUIPMENT AND NET ASSETS WITHOUT DONOR RESTRICTIONS - PROPERTY FUND WERE RESTATED.