2020-07-14T13:04:53-05:00 2019-06-30 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2018-07-01 050267451 RHODE ISLAND PHILHARMONIC ORCHESTRA & MUSIC SCHOOL RHOD 4012487070 667 WATERMAN AVENUE EAST PROVIDENCE RI 02914 DAVID BEAUCHESNE EXECUTIVE DIRECTOR 4012487070 2020-07-14 1 SANDY ROSS P01399337 4012742001 38.111.239.2 2020-07-14 08:46:11 ED P 2F85E008C48DD5A141159495B2D1781CA3E157FD F28E2B4EAD4C8CD2ABB1BD5859C0E522F0D5B131 2018 2021-01-29 14:40:06Z DAVID BEAUCHESNE 667 WATERMAN AVENUE EAST PROVIDENCE RI 02914 6027730 0 X WWW.RI-PHILHARMONIC.ORG X 1944 RI TO ENRICH AND TRANSFORM RHODE ISLAND AND OUR REGION THROUGH GREAT MUSIC PERFORMANCE AND EDUCATION. 32 32 337 52 0 0 1869985 2225240 3007962 2988734 160106 409636 -8908 -123356 5029145 5500254 0 0 0 0 3179912 3284272 0 0 306843 2398485 2674593 5578397 5958865 -549252 -458611 15299127 14912745 5116426 5142928 10182701 9769817 X THE ONLY PROFESSIONAL ORCHESTRA, THE ONLY CERTIFIED COMMUNITY MUSIC SCHOOL AND THE SECOND LARGEST NOT FOR PROFIT ARTS ORGANIZATION IN RHODE ISLAND, THE PHILHARMONIC SEEKS TO ENRICH AND TRANSFORM RHODE ISLAND AND OUR REGION THROUGH GREAT MUSIC PERFORMANCE AND EDUCATION. 0 0 2466805 1403181 THE RHODE ISLAND PHILHARMONIC ORCHESTRA PROGRAM HIGHLIGHTS FOR 2018-2019:-WE CONTINUE TO BE THE LARGEST COMBINED PROFESSIONAL ORCHESTRA AND COMMUNITY MUSIC SCHOOL IN THE COUNTRY, AND THE SECOND LARGEST ARTS ORGANIZATION IN RHODE ISLAND.-WE SERVED APPROXIMATELY 115,000 FOLKS THROUGH OUR TEACHING, EDUCATION CONCERTS AND CLASSICAL CONCERTS OVER THIS PAST YEAR. 1867053 1585553 THE RI PHILHARMONIC MUSIC SCHOOL IS THE ONLY CERTIFIED COMMUNITY MUSIC SCHOOL IN RHODE ISLAND AND ENCOURAGES LIFELONG ENGAGEMENT WITH MUSIC THROUGH COMPREHENSIVE MUSIC EDUCATION AND COMMUNITY PARTNERSHIP PROGRAMS TAUGHT BY ORCHESTRA MEMBERS AND OTHER OUTSTANDING FACULTY. WE PRIORITIZE ARTISTRY AND EDUCATION EQUALLY. WE PARTNERED WITH CARNEGIE HALL FOR THE SEVENTH YEAR TO PROVIDE LINK UP EDUCATION CURRICULUM AND CONCERTS WHICH SERVED OVER 12,000 CHILDREN IN 99 SCHOOLS IN 35 SCHOOL DISTRICTS. WE PROVIDED OVER $345,000 IN CASH AND IN-KIND FINANCIAL AID TO STUDENTS WHICH COVERS 30% OF OUR POPULATION. WE HAVE PARTNERSHIPS WITH MANY OTHER ORGANIZATIONS IN THE STATE INCLUDING PROVIDENCE SINGERS, RI MUSIC EDUCATORS ASSOCIATION, AMERICAN BAND, OCEAN STATE SUMMER POPS ORCHESTRA, NARRAGANSETT BAY SYMPHONY COMMUNITY ORCHESTRA, AS WELL AS CLASSES WITH THE AUTISM PROJECT, LIFELONG LEARNING COLLABORATIVE, GIRLS ROCK, PROVIDENCE COUNTRY DAY SCHOOL AND RI CHILRENS CHORUS. OTHER ORGANIZATIONS WE HAVE COLLABORATED WITH ARE BRADLEY HOSPITAL, LASALLE ACADEMY, BLACKSTONE ACADEMY, RI SCHOOL OF DESIGN, TRINITY REPARATORY COMPANY, RI STATE COUNCIL FOR THE ARTS, BROWN UNIVERSITY, RHODE ISLAND COLLEGE AND OTHERS. 4333858 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 36 0 337 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 RI X DONNA CHACE-LARSON DIRECTOR OF FIN 4012487070 667 WATERMAN AVE EAST PROVIDENCE RI 02914 ROBERT NAPARSTEK PRESIDENT 2.00 X X 0 0 0 ROBERT MANNING TREASURER 2.00 X X 0 0 0 BARBARA DREYER SECRETARY 2.00 X X 0 0 0 KAREN PELCZARSKI GENERAL COUNSEL 2.00 X X 0 0 0 RAYMOND F MURPHY JR OVERSEERS CHAIR 2.00 X X 0 0 0 LISA CHURCHVILLE DIRECTOR 2.00 X 0 0 0 SEAN DAGESSE DIRECTOR 2.00 X 0 0 0 RONALD DELELLIS DIRECTOR 2.00 X 0 0 0 LINDA DIEBOLD DIRECTOR 2.00 X 0 0 0 ROBERT M FETZER DIRECTOR 2.00 X 0 0 0 SUZANNE GILSTEIN DIRECTOR 2.00 X 0 0 0 MARK GIM DIRECTOR 2.00 X 0 0 0 DELBERT GLOVER DIRECTOR 2.00 X 0 0 0 KAREN GRANDE DIRECTOR 2.00 X 0 0 0 MALCOLM GRIGGS DIRECTOR 2.00 X 0 0 0 ALMON HALL DIRECTOR 2.00 X 0 0 0 ETHAN HILLARY KISCH DIRECTOR 2.00 X 0 0 0 MARIE J LANGLOIS DIRECTOR 2.00 X 0 0 0 LINDA MAAIA DIRECTOR 2.00 X 0 0 0 BRENDAN MCCORY DIRECTOR 2.00 X 0 0 0 CAROLL MEDEIROS DIRECTOR 2.00 X 0 0 0 KAREN A PELCZARSKI DIRECTOR 2.00 X 0 0 0 MARIE PETRARCA DIRECTOR 2.00 X 0 0 0 HERB RAKATANSKY DIRECTOR 2.00 X 0 0 0 SHANNON SHALLCROSS DIRECTOR 2.00 X 0 0 0 ROSALYN K SINCLAIR DIRECTOR 2.00 X 0 0 0 STEVEN SNOW DIRECTOR 2.00 X 0 0 0 DAVID VON HEMERT DIRECTOR 2.00 X 0 0 0 RALPH WALES DIRECTOR 2.00 X 0 0 0 SCOTT WALKER DIRECTOR 2.00 X 0 0 0 DAVID WINOKER DIRECTOR 2.00 X 0 0 0 EDWARD WING DIRECTOR 2.00 X 0 0 0 AMY GOLDSTEIN DIRECTOR (AS OF 9/18) 2.00 X 0 0 0 MARY REINEMAN DIRECTOR (AS OF 9/18) 2.00 X 0 0 0 SUSAN CULPO EX-OFFICIO DIRECTOR 2.00 X 0 0 0 LOIS FINKEL EX-OFFICIO DIRECTOR 2.00 X 0 0 0 DAVID J BEAUCHESNE EXECUTIVE DIRECTOR 40.00 X 197409 0 0 DONNA CHACE-LARSON DIRECTOR OF FINANCE 40.00 X 96881 0 11429 294290 0 11429 1 0 1 0 0 398474 107590 1719176 170462 2225240 MUSIC SCHOOL 611600 1585553 1585553 ORCHESTRA CONCERTS 711130 1403181 1403181 2988734 102489 102489 654393 347246 307147 307147 307147 56874 398474 180230 -123356 -123356 5500254 2988734 0 286280 268047 59062 123006 85979 2564056 2245432 207822 110802 59872 55970 3902 151896 120842 24747 6307 240401 202446 21219 16736 33300 33300 41266 41266 250768 218588 32180 140653 139890 763 265629 203957 44790 16882 506007 275839 210937 19231 68899 66144 2645 110 169047 169047 350170 350170 67245 21905 44852 488 GUEST ARTISTS 338513 326805 11708 SCHOLARSHIPS AND DISCOU 183019 183019 MISCELLANEOUS 143212 119299 5422 18491 COMMISSIONS 40643 40643 76222 54017 6761 15444 5958865 4333858 1318164 306843 1260960 1266976 952045 718403 88872 153305 191809 154382 10539070 4101158 6754459 6437912 5713116 5823419 337866 358348 15299127 14912745 174861 172904 706565 755024 3950000 3775000 285000 440000 5116426 5142928 X 5319238 4943846 1992848 1947570 2870615 2878401 10182701 9769817 15299127 14912745 -458611 45727 0 X 0 1 X 1 0 X 2415954 4661611 1721048 1869985 2225240 12893838 2415954 4661611 1721048 1869985 2225240 12893838 1177253 11716585 104442 106866 109705 101926 102489 525428 13419266 15224841 0.87310 0.87140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4912728 7786 352250 360907 4911857 4766106 367551 220929 4912728 4567110 56169 352707 209880 4766106 4656539 10900 116126 216455 4567110 4179278 489099 179163 191001 4656539 0.30890 0.58600 0.10510 0 0 818164 818164 8596767 3165922 5430845 1124139 935236 188903 6437912 X 5528412 45727 23697 69424 5458988 41266 41266 5500254 5941296 23697 23697 5917599 41266 41266 5958865 PART V, LINE 4: ENDOWMENT FUNDS SUPPORT THE PHILHARMONIC IN SEVERAL WAYS, THROUGH A DRAW OF NOT MORE THAN 5% OF THE FUNDS FAIR VALUE ON A TWELVE QUARTER TRAILING AVERAGE. RESTRICTED FUNDS EXIST FOR THE SUPPORT OF THE PHILHARMONIC ORCHESTRA, INCLUDING ENDOWED POSITIONS; THE PHILHARMONIC MUSIC SCHOOL SCHOLARSHIPS; FOR SUPPORT OF THE PHILHARMONIC YOUTH ORCHESTRA; FOR GENERAL OPERATIONS AND FOR SEVERAL OTHER NAMED FUNDS. ALL USE IS MONITORED BY AN INVESTMENT COMMITTEE OF THE ORGANIZAION'S BOARD, AS WELL AS THE BOARD'S FINANCE COMMITTEE. PART X, LINE 2: THE PHILHARMONIC IS EXEMPT FROM FEDERAL INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE PHILHARMONIC OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE FEDERAL AND STATE LEVELS. THE PHILHARMONIC ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATIONS EXEMPT FROM INCOME TAX, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE PHILHARMONIC CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. GALA 455348 398474 56874 21865 40806 84909 32650 455348 398474 56874 21865 40806 84909 32650 180230 -123356 X X X 0 0 0 0 0 0 0 0 0 DAVID J BEAUCHESNE EXECUTIVE DIRECTOR 197409 0 0 0 0 0 0 0 0 0 197409 0 0 0 A RI ECONOMIC DEVELOPMENT CORPORATION 762236CN5 2008-03-01 7000000 ACQUISITION AND RENOVATION OF CARTER CENTER FOR MUSIC & PERFORMANCE 0 0 0 A 7000000 176470 6823530 2008 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 3314 170462 STOCK EXCHANGE VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWED THE DRAFT 990 AND RECOMMENDED APPROVAL TO THE BOARD OF DIRECTORS PRIOR TO FILING. ALL MEMBERS OF THE BOARD WERE PROVIDED WITH A COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND THE EXECUTIVE DIRECTOR SIGN AND ACKNOWLEDGE THE CONFLICT OF INTEREST POLICY ANNUALLY, UPDATING FOR ANY CHANGES. IF POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARISE, THE BOARD OF DIRECTORS EVALUATES AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS, DISCUSSES, AND APPROVES COMPENSATION FOR OFFICERS, KEY EMPLOYEES AND OTHER TOP MANAGEMENT PERSONNEL ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.