2020-04-15T17:59:20-05:00 2019-05-31 BDO USA LLP 600 NORTH PEARL ST SUITE 1700 DALLAS TX 75201 990 2018-06-01 750705442 DALLAS SYMPHONY ASSOCIATION % DEANIE SEWELL CONTROLLER DALL 2148714000 2301 FLORA STREET Suite 300 DALLAS TX 75201 KIM NOLTEMY PRESIDENT & CEO 2148714000 2020-04-15 true Laurie B Elmore CPA P00228866 2149697007 47.187.33.138 75236020201065000093 2020-04-15 P CFA1EAD70CB7A54A6ACCB10E9D1343E2BB0FD147 2EC772CF5DD5B112577701FFC86CD8F3AB9C3859 2018 2021-01-29 14:40:06Z KIM NOLTEMY 2301 FLORA STREET Suite 300 DALLAS TX 75201 37208020 false X www.MyDSO.com X 1945 TX TO INSPIRE AND CHANGE LIVES THROUGH MUSICAL EXCELLENCE 81 81 439 1000 28880 -24179 15584016 13764556 11102737 11234490 339 35794 8083184 11906325 34770276 36941165 0 0 0 0 25145490 23223160 191324 195404 3026662 9338780 10528827 34675594 33947391 94682 2993774 18052234 18822580 15909132 14709280 2143102 4113300 TO INSPIRE AND CHANGE LIVES THROUGH MUSICAL EXCELLENCE. false false 27450589 11234490 The Dallas Symphony Orchestra's mission statement is to inspire and change lives through musical excellence. It strives to be a key catalyst in making Dallas a world-class city and major cultural center with the DSO as a landmark. The DSO is ranked among the top American Orchestras. The classical Series, Pops Series and numerous events highlight diversity in the city, along with youth concerts that number over 165 performances each year. As a community partner, the Dallas Symphony Orchestra sponsors the following programs: Community Connections (free tickets distributed by social service agencies), Young Strings (provides free instruments and music lessons to students), Young Musicians (provides free instruments and lessons for students at Dallas ISD sites across Southern Dallas), Symphony YES (provides musician ensembles to perform in area schools), DSO Kids (educational website for children and teachers), and My DSO Concert (free concert for adults and children with autism and developmental disabilities). The Dallas Symphony Orchestra is a community of passionate music lovers making more music lovers. 27450589 true true false false false false false false false true true false false false true true false true false false false false false true true false false false false true false false false false false false false false true false false false false true false false false true 179 0 true 439 true true true false false false false true true false false false false false false X 81 81 true false false false true true true true true false false true true true true true true true true false X X DEANIE SEWELL CONTROLLER 2148714000 2301 FLORA STREET SUITE 300 Dallas TX 75201 Joseph F Hubach Immediate past ChairMAN 1.0 0.0 X X 0 0 0 Nancy Nasher Vice chairman 1.0 0.0 X X 0 0 0 Richard Holt Executive Board 1.0 0.0 X X 0 0 0 William McIntyre Executive Board 1.0 0.0 X X 0 0 0 Stanley A Rabin Executive Board 1.0 0.0 X X 0 0 0 Cece Smith Secretary 1.0 0.0 X X 0 0 0 Gregg Ballew Board of Governors 1.0 0.0 X 0 0 0 John R Cohn Executive Board 1.0 0.0 X X 0 0 0 Roberta Corbett Board of Governors 1.0 0.0 X 0 0 0 Barbara Daseke Board of Governors 1.0 0.0 X 0 0 0 David Emmons Board of Governors 1.0 0.0 X 0 0 0 Bonnie Floyd MD Board of Governors 1.0 0.0 X 0 0 0 W Gary Fowler Board of Governors 1.0 0.0 X 0 0 0 Alan J Gold Board of Governors 1.0 0.0 X 0 0 0 Randall Graham Board of Governors 1.0 0.0 X 0 0 0 Sheila Grant Board of Governors 1.0 0.0 X 0 0 0 Yon Y Jorden Treasurer 1.0 0.0 X X 0 0 0 Mark LaRoe Board of Governors 1.0 0.0 X 0 0 0 Craig Lentzsch Board of Governors 1.0 0.0 X 0 0 0 Ron Mankoff Board of Governors 1.0 0.0 X 0 0 0 Holly Mayer Board of Governors 1.0 0.0 X 0 0 0 Linda McFarland Board of Governors 1.0 0.0 X 0 0 0 Shirley McIntyre Board of Governors 1.0 0.0 X 0 0 0 Anita Sampels Board of Governors 1.0 0.0 X 0 0 0 James C Scott Board of Governors 1.0 0.0 X 0 0 0 Linda VanSickle Smith Board of Governors 1.0 0.0 X 0 0 0 Melissa Ruman Stewart Board of Governors 1.0 0.0 X 0 0 0 Barbara Sypult Board of Governors 1.0 0.0 X 0 0 0 James E Wiley Jr executive Board 1.0 0.0 X X 0 0 0 Karina Woolley Board of Governors 1.0 0.0 X 0 0 0 Ryan Anthony Governor By Virtue of Position 1.0 0.0 X 0 0 0 Brian Ratner Executive Board 1.0 0.0 X X 0 0 0 Jeffrey M Robinson executive board 1.0 0.0 X X 0 0 0 Nick Adamson Board of Governors 1.0 0.0 X 0 0 0 Joanne Bober Board of Governors 1.0 0.0 X 0 0 0 Keith Braley Board of Governors 1.0 0.0 X 0 0 0 Key Coker Board of Governors 1.0 0.0 X 0 0 0 Marena Gault Board of Governors 1.0 0.0 X 0 0 0 Randall G Goss Board of Governors 1.0 0.0 X 0 0 0 Laree Hulshoff Board of Governors 1.0 0.0 X 0 0 0 Sanjiv Yajnik CHairman 1.0 0.0 X X 0 0 0 Caroline Kohl Board of Governors 1.0 0.0 X 0 0 0 Scott McDaniel Board of Governors 1.0 0.0 X 0 0 0 Enika Schulze Board of Governors 1.0 0.0 X 0 0 0 Donald J Stone Board of Governors 1.0 0.0 X 0 0 0 Kern Wildenthal Board of Governors 1.0 0.0 X 0 0 0 Ronald J Gafford executive board 1.0 0.0 X X 0 0 0 Dolores Barzune Life Governor 1.0 0.0 X 0 0 0 Harold M Brierley Life Governor 1.0 0.0 X 0 0 0 Howard Hallam Life Governor 1.0 0.0 X 0 0 0 Morton H Meyerson Life Governor 1.0 0.0 X 0 0 0 W Bradford Todd Life Governor 1.0 0.0 X 0 0 0 Robert E Segert Board of Governors 1.0 0.0 X 0 0 0 Tim McDonald BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Sarah L Titus EXECUTIVE BOARD 1.0 0.0 X X 0 0 0 Donna Arp Weitzman EXECUTIVE BOARD 1.0 0.0 X X 0 0 0 Susie Wilson BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Daniel Florio governor by virtue of position 1.0 0.0 X 0 0 0 Robert Kaplan Board of Governors 1.0 0.0 X 0 0 0 Krunali Patel EXECUTIVE BOARD 1.0 0.0 X X 0 0 0 Jeffrey Rich Board of Governors 1.0 0.0 X 0 0 0 Myrna Schlegel Board of Governors 1.0 0.0 X 0 0 0 Arthur F Selander Board of Governors 1.0 0.0 X 0 0 0 Sharon Knowles Governor by Virtue of Position 1.0 0.0 X 0 0 0 Lisa Loy Laughlin Governor by Virtue of Position 1.0 0.0 X 0 0 0 Judy Tobey Governor by Virtue of Position 1.0 0.0 X 0 0 0 Martin Tobey Governor by Virtue of Position 1.0 0.0 X 0 0 0 Margot Perot Vice Chairman 1.0 0.0 X X 0 0 0 Roger C Gault EXECUTIVE BOARD 1.0 0.0 X X 0 0 0 Jerrie Kertz EXECUTIVE BOARD 1.0 0.0 X X 0 0 0 Nancy Bierman BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Howard Brown BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Amy Carenza BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Zenetta Drew BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Marion Flores BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Davis Hamlin BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Kim Hext BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Joseph V Hughes Jr BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Lea Anne Laughlin BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Cherryl Peterman BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Jacqueline Porter BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Quincy Roberts BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Ginger Sager BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Geoffroy van Raemdonck BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 T Peter Townsend BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Martha Wells BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Randall Wiele BOARD OF GOVERNORS 1.0 0.0 X 0 0 0 Michael Bentley Ex-Officio Liaison 1.0 0.0 X 0 0 0 Cannon Flowers Ex-Officio Liaison 1.0 0.0 X 0 0 0 Debra Pena VP of People & Facilities 40.0 0.0 X 177707 0 26160 Peter Czornyj VP of Artistic Operations 40.0 0.0 X 185785 0 27095 Denise Mcgovern VP of Communications 40.0 0.0 X 108304 0 26095 Kim Noltemy President & CEO 40.0 0.0 X 436429 0 20386 Andrew Cameron CFO 40.0 0.0 X 192465 0 27095 JAMES LEFFLER VP OF DEVELOPMENT 40.0 0.0 X 165900 0 17092 Alexander Kerr Musician 30.0 0.0 X 329043 0 0 Erin Hannigan-Stratton Musician 30.0 0.0 X 192440 0 15552 Scott Walzel Musician/Music. Personnel MGMT 40.0 0.0 X 252076 0 14062 Nathan Olson Musician 30.0 0.0 X 203297 0 8929 DAVID BUCK MUSICIAN 30.0 0.0 X 194147 0 19052 Michelle Miller Burns Former INTERIM PRESIDENT & CEO 0.0 0.0 X 253832 0 11092 Sean Kelly Former vp of marketing 0.0 0.0 X 175778 0 19870 2867203 0 232480 78 true true false JAAP VAN ZWEDEN PO BOX 670484 DALLAS TX 75367 Music Production 911024 THOMPSON AND KNIGHT PO BOX 660684 DALLAS TX 75266 LEGAL SERVICES 189676 Walt Disney Music Co 500 South Buena Vista Street BURBANK CA 915213065 Music Production 352500 Fabio Luisi 1675 Broadway - 20th Floor NEW YORK NY 10019 Music Production 285000 Bennett Direct PO Box 0015 MILWAUKEE WI 532010015 Telefunding consult 183436 9 64500 13700056 208916 13764556 CONCERT TICKET SALES AND FEES 711130 10548968 10548968 OTHER INCOME 900099 685522 685522 11234490 35794 35794 0 0 0 0 0 0 1228793 200027 1028766 0 0 0 149620 66828 82792 53912 28880 DISTRIBUTION FROM FOUNDATION 10492757 10492757 NET INVESTMENT INCOME 302010 302010 10794767 36941165 22118963 28880 0 0 0 0 3001554 1472015 1240550 288989 0 14779024 13470790 391279 916955 1438714 1042374 189605 206735 2828464 2406546 229378 192540 1175404 998092 91722 85590 0 291491 35485 215692 40314 0 0 195404 195404 0 0 1328793 1328793 338624 119024 83547 136053 613909 407371 109639 96899 130789 130789 912863 587279 325584 367016 296974 63075 6967 0 96418 26188 53647 16583 68311 68311 0 268832 136398 86960 45474 259608 132581 127027 EVENTS EXPENSES 534915 16274 518641 PROFESSIONAL SERVICES 386274 299466 82618 4190 GUEST ARTIST FEES 3612095 3612095 MISC EXPENSE 462480 357130 44099 61251 856409 574925 67407 214077 33947391 27450589 3470140 3026662 22280 21093 1588 0 0 1595007 2294998 0 0 5653503 5637535 0 0 0 0 0 0 64498 63499 618237 924973 12380105 9982202 2502241 2397903 7618748 7503672 0 0 0 0 0 0 0 0 18052234 18822580 2568356 2305399 0 0 3662356 4341540 0 0 0 0 0 0 2557637 3034562 0 0 7120783 5027779 15909132 14709280 X -14130013 -8112366 8796897 4864524 7476218 7361142 2143102 4113300 18052234 18822580 X 2993774 -25214 -998362 X false true X true false X 30608492 14964852 24217221 22098919 24301180 116190664 9723619 10805528 10451027 11102737 11234490 53317401 0 0 0 40332111 25770380 34668248 33201656 35535670 169508065 0 0 0 169508065 465 157 529 339 35794 37284 0 465 157 529 339 35794 37284 0 0 40332576 25770537 34668777 33201995 35571464 169545349 0.99978 0.99999 0.00022 0.00001 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7399435 391871 -506946 7284360 7007205 385845 6385 7399435 6790525 390019 -173339 7007205 7394223 392458 -996156 6790525 7306015 383425 -295217 7394223 false true true 6475029 6088394 386635 2180267 1982125 198142 3724809 1911683 1813126 2397903 0 ACCRUED PENSION BENEFIT LIABIL 5027779 5027779 Sch D, Part V, Line 4 - Use of Endowment THE ENDOWMENTS INTENDED USES ARE FOR BOTH RESTRICTED DISTRIBUTIONS IN ACCORDANCE WITH DONOR DESIGNATIONS AND DISTRIBUTIONS FOR GENERAL OPERATING EXPENSES. Sch D, Part X, Line 2d - Minimum pension liablity adjustment The adjustment is the minimum pension liability adjustment necessary under FAS 158 to disclose the change in the financial status of the Dallas Symphony defined benefit plans. Sch D, Part X - Fin 48 Disclosure THE DALLAS SYMPHONY ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE aSSOCIATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECONCILIATION FROM MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGEMENT OCCURS. MANAGEMENT BELIEVES THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS. X X X X X X X true BENNETT DIRECT INC TELEFUNDING false 297508 195404 102104 297508 195404 102104 Present Ball 451562 451562 139661 JR SYMPH BALL 332998 332998 50000 7 444233 444233 10366 1228793 1228793 200027 200027 1028766 Part 1, Line 2b, column V Bennett Direct Inc. conducts telephone solicitation of contributions on behalf of the Dallas Symphony Association. X X X X true false false false false false false false false Alexander Kerr Musician 311025 18018 586 329629 Michelle Miller Burns Former INTERIM PRESIDENT & CEO 150231 90000 13601 11625 265457 Sean Kelly Former vp of marketing 134654 15000 26124 20746 196524 Erin Hannigan-Stratton Musician 173940 18500 16414 208854 Scott Walzel Musician/Music. Personnel MGMT 235098 16978 15096 267172 Debra Pena VP of People & Facilities 146207 25000 6500 27136 204843 Peter Czornyj VP of Artistic Operations 158285 3000 24500 28697 214482 Kim Noltemy President & CEO 356930 55000 24499 20709 457138 Nathan Olson Musician 184797 18500 9515 212812 Andrew Cameron CFO 187140 5000 325 28297 220762 JAMES LEFFLER VP OF DEVELOPMENT 150900 15000 18159 184059 DAVID BUCK MUSICIAN 193800 347 19914 214061 Form 990 Schedule J; part I; Question 4 Part II PERSON 2: MICHELLE MILLER BURNS. LAST DAY OF EMPLOYMENT WAS 6/22/2018. COMPENSATION AMOUNT LISTED ABOVE IS NORMAL SALARY PAYMENT THROUGH THAT DATE PLUS AND ADDITIONAL SUM AS COMPENSATION FOR PERFORMANCE AS INTERIM CEO. . PART II PERSON 3: SEAN KELLY. LAST DAY OF EMPLOYMENT WAS 12/7/2018. COMPENSATION AMOUNT LISTED ABOVE IS NORMAL SALARY PAYMENT THROUGH THAT DATE. X 21 208916 FMV OF STOCK false true true Sch M, Col B - STOCK GIFTS There were 21 stock gifts made to the Dallas Symphony Association during the 2018-19 tax year, that included 2,439 shares of stock. Sch M, Line 9, Col D - VALUATION THE VALUE OF THE STOCK IS DETERMINED USING AN AVERAGE OF THE HIGH PRICE AND THE LOW PRICE MULTIPLIED BY THE NUMBER OF SHARES DONATED ON THE DATE OF THE TRANSFER TO THE DALLAS SYMPHONY ASSOCIATION. Sch M, Line 32a and 32b - SALE OF DONATED STOCK All stock gifts are transferred to an account at Charles Schwab owned by the Dallas Symphony Association and sold upon receipt. The shares were sold immediately and the proceeds transferred to the Dallas Symphony Association. Form 990, Part VI, Sect B, line 12C - CONFLICT OF INTEREST POLICY THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. A CONFLICT OF INTEREST QUESTIONNAIRE IS SENT OUT ANNUALLY TO EVERY MEMBER OF THE GOVERNING BODY. THE RESULTS ARE REVIEWED BY FINANCE TO DETERMINE WHETHER THERE ARE ANY MEMBERS OF THE GOVERNING BODY WHO ARE NOT INDEPENDENT. The following situations were identified but are not considered to give rise to any conflicts: W. Gary Fowler (#13) is a member of the board of govenors with the DSa and is a partner with Jackson Walker LLP, a law firm that provides legal services to the Dallas Symphony Association. Kim Noltemy (#93), the President and CEO of the DSA also serves on the board of directors for the Dallas Black Dance Theatre (DBDT). Board of Governors member Zenetta Drew (#74) is the executive director of the DBDT. form 990, part VI, Sect B, Line 15-COMPENSATION COMMITTEE The organization has a compensation committee that follows a charter adopted by the governing body. The committee meets at least annually to review compensation benchmarking for the CEO and other senior executive management. The committee recommends to the Executive Board for approval the CEO annual bonus (if any), the compensation for new hires and compensation adjustments for senior executives. form 990, part VI, SEct B, Line 11B-TAX RETURN PREPARATION The 990 is prepared by the Controller, reviewed by the Chief Financial Officer and the President and CEO of the Dallas Symphony Association. The form and all supporting documents are provided to Tax Accountants at BDO USA, LLP for review and entry into an efile system. The return is reviewed by outside legal counsel. The Form 990 is reviewed by the Dallas Symphony Association Audit Committee prior to being filed. Upon final review by the audit committee, the return/e-file authorization is signed by the President of the Dallas Symphony Association. A copy is provided to the Executive Board for their review and is made available to all other Board Members upon request. form 990, Part VI, SEct C, Line 19-FINANCIAL STATEMENTS AVAILABLE THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE GUIDESTAR WEBSITE AND BY REQUEST. CONLICTS OF INTEREST POLICY IS AVAILABLE VIA REQUEST. THE RESTATED CERTIFICATE OF FORMATION IS AVAILABLE TO THE PUBLIC VIA ANOTHER'S WEBSITE. THE BYLAWS ARE NOT MADE AVAILABLE TO THE PUBLIC. form 990, Part VI, Sect A, Line 6, 7A and 7B - MEMBERSHIP the organization has members as defined. The Trustees/Members of the Dallas Symphony Association elect the governing body. Form 990, Part XI Reconciliation of Net Assets The amount on line 9, other changes in net assets or fund balance, represents the change in the Minimum Pension Liability ($998,362). Form 990, Part VIII, 11a and schedule R, Part V, 1c During the fiscal year, the Dallas Symphony Foundation made a special distribution of principal as allowed for in Section 3.3 of the Foundation Endowment Agreement if approved by at least 80% of the Association Executive Board (or Board of Governors), and by at least 80% of the Foundation Board of Directors. A special distribution in the amount of $3,500,000 to the Association was approved on February 14, 2019 by the Foundation Board and March 5, 2019 by the Association Board. The purpose of this special distribution was to help to defray the significant costs associated with the termination of the Association's staff defined benefit pension plan. Form 990, Part X, line 28 & 29 FOR PURPOSES OF DISCLOSURE, THE FOLLOWING IS EXTRACTED FROM THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF THE DALLAS SYMPHONY ASSOCIATION, INC. AND THE DALLAS SYMPHONY FOUNDATION, FOOTNOTE 2, SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, RECENTLY ADOPTED AUTHORITATIVE GUIDANCE: As a result of the adoption of ASU 2016-14 (issued in August 2016 by the Financial Accounting Standards Board), the DSA opted to present the liquidity and availability information and the analysis of expenses by natural and functional classification for the year ended May 31, 2019. In absence of explicit donor stipulations, the ASU requires the use of the placed-in-service approach for reporting expirations of restrictions on gifts of cash or other assets to be used to acquire or construct a long-lived asset and the reclassification of any amounts from net assets with donor restrictions to net assets without donor restriction for such long-lived assets that have been placed in service as of the beginning of the period of adoption (thus eliminating the current option to release the donor-imposed restriction over the estimated useful life of the acquired asset). The DSA applied the changes retrospectively. The net reclassification of gifts for long-lived assets to implement ASU 2016-14 was $3,609,346 (reclassification from net assets with donor restrictions to net assets without donor restrictions). The net reclassification of gifts for long-lived assets to implement ASU 2016-14 was $3,609,346 (reclassification from net assets with donor restrictions to net assets without donor restrictions). DALLAS SYMPHONY FOUNDATION 2301 FLORA STREET SUITE 300 DALLAS TX 75201 751529851 FOUNDATION TX 501(c)(3) 509(A)(3) Dallas symph false false false true false true false false false false false false false false true true false true false false Part V, line 2 (1)(e) - During the fiscal year, the Dallas Symphony Foundation made a special distribution of principal as allowed for in Section 3.3 of the Foundation Endowment Agreement if approved by at least 80% of the Association Executive Board (or Board of Governors), and by at least 80% of the Foundation Board of Directors. A special distribution in the amount of $3,500,000 to the Association was approved on February 14, 2019 by the Foundation Board and March 5, 2019 by the Association Board. The purpose of this special distribution was to help to defray the significant costs associated with the termination of the Association's staff defined benefit pension plan.