2020-04-15T09:07:24-05:00 2019-05-31 611191655 Strothman & Company PSC 325 W Main St Suite 1600 Louisville KY 402024251 990 2018-06-01 616000384 The Louisville Orchestra Inc LOUI 5025878681 620 W Main Street Suite 600 Louisville KY 40202 John P Malloy Board President 5025878681 2020-04-14 1 John Kennedy P00174536 5025851600 2020-04-13 71.66.90.218 2020-04-14 13:49:01 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6E64DB3372734CCEE5DD462D32BE5FCCC240118C 2018 2021-01-29 14:40:06Z John P Malloy 620 W Main Street Suite 600 Louisville KY 40202 9495021 0 X http://www.louisvilleorchestra.org X 1937 KY To change lives throughout our entire community as only The Louisville Orchestra can, by promoting a culture of music through outstanding performances and education. 44 44 219 300 0 0 4741139 5592988 2372549 2387582 157086 144121 221125 293446 7491899 8418137 0 0 0 0 5063148 5182013 0 0 369171 2176307 2272116 7239455 7454129 252444 964008 3484047 4193079 913687 798190 2570360 3394889 To change lives throughout our entire community as only The Louisville Orchestra can, by promoting a culture of music through outstanding performances and education. 0 0 6260688 2515726 To maintain a symphony orchestra and to encourage and promote artist and educational musical opportunities. 6260688 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 70 26 1 219 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 X 44 44 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 KY X X X Ms Tonya McSorley CFO 5025878681 620 West Main Street Suite 600 Louisville KY 40202 John Malloy President 1.00 X X 0 0 0 James S Welch Jr Immediate Past President 1.00 X X 0 0 0 Ritu Furlan VP of Finance 1.00 X X 0 0 0 Andrew Fleischman General Counsel/VP 1.00 X X 0 0 0 Timonthy Peace Secretary 1.00 X X 0 0 0 Bruce J Roth VP Nominating and Governan 1.00 X 0 0 0 Susan Von Hoven VP of Strategic Planning 1.00 X 0 0 0 Kendra Foster VP at Large 1.00 X 0 0 0 Carol W Hebel VP at Large 1.00 X 0 0 0 Winona Shiprek VP at Large 1.00 X 0 0 0 Mary Ellen Wiederwohl VP at Large 1.00 X 0 0 0 Mona Newell ALO President 1.00 X 0 0 0 Clara Markham Director, Musician Represe 1.00 X 36981 0 12487 Kim Tichenor Director, Musician Represe 1.00 X 33476 0 13425 Jerry Abramson Director 1.00 X 0 0 0 Carole Birkhead Director 1.00 X 0 0 0 Christina Brown VP at Large 1.00 X 0 0 0 Steve Causey Director, Musician Represe 1.00 X 32985 0 13081 Christopher Coffman Director 1.00 X 0 0 0 Dr Christopher Doane VP at Large 1.00 X 0 0 0 Jana Dowds Director 1.00 X 0 0 0 Steven Epstein Director 1.00 X 0 0 0 Paula Harshaw Director 1.00 X 0 0 0 Wendy Hyland Director 1.00 X 0 0 0 Ingrid Johnson Director 1.00 X 0 0 0 Scott Justice Director 1.00 X 0 0 0 Brian Kane Director 1.00 X 0 0 0 Dr Virginia Keeney Director 1.00 X 0 0 0 Bell Portaro-Kueber Director 1.00 X 0 0 0 Lee Kirkwood Director 1.00 X 0 0 0 Don Kohler Jr Director 1.00 X 0 0 0 Karen Lawrence Director 1.00 X 0 0 0 Guy Montgomery Director 1.00 X 0 0 0 Donna Parkes Director, Musician Represe 1.00 X 44263 0 13882 R Ryan Rogers Director 1.00 X 0 0 0 Michael Rudd Director 1.00 X 0 0 0 Kenneth Sales Director 1.00 X 0 0 0 Medora Safai Director 1.00 X 0 0 0 Denise Schiller Director 1.00 X 0 0 0 Gary Sloboda Director 1.00 X 0 0 0 William Summers Director 1.00 X 0 0 0 Robert H Wimsatt Director 1.00 X 0 0 0 Bert Griffin Director 1.00 X 0 0 0 Andrew Kipe Executive Director, Partial Year 40.00 X 96016 0 16455 Tonya McSorley Chief Financial Officer 40.00 X 118454 0 21146 Leslie Antoniel Director of Development 40.00 X 103652 0 19088 465827 0 109564 2 0 0 0 OPUS 3 470 Park Avenue South 9th Floor Nor New York NY 10016 Teddy Abrams' services 223333 1 833202 243003 84489 4432294 5592988 Concert Revenue 711130 1789825 1789825 Contract Revenue 711130 597757 597757 2387582 66426 66426 987463 909768 77695 77695 77695 332418 167116 165302 165302 2702 0 2702 2702 Other Income 900099 125442 125442 125442 8418137 2515726 0 309423 X 334270 129493 176579 28198 3740702 3385705 134639 220358 132657 125044 5240 2373 574345 499729 51244 23372 400039 342998 34892 22149 58511 58511 21255 21255 804566 771628 20425 12513 295910 295910 29124 4870 12443 11811 31716 7793 11555 12368 257011 183761 73250 16897 8263 7049 1585 948 948 15830 4005 11825 25367 25367 Ticket Office Fees 205214 205214 Concert Expenses 119699 119699 Search Expenses 81007 81007 Music Licensing 66410 66410 242651 110166 98041 34444 7454129 6260688 824270 369171 409743 499718 610536 760319 925586 19861 19740 171361 72093 538142 486884 32645 51258 2044570 1969788 45548 44360 3484047 4193079 152923 159610 760764 638580 913687 798190 X -336702 860544 1910089 1537372 996973 996973 2570360 3394889 3484047 4193079 964008 -139479 0 X X 0 1 X 1 0 X 5214848 4977428 3436992 4117994 5423589 23170851 1625662 1783278 2172984 2408531 2516647 10507102 163311 221915 149797 219231 332418 1086672 7003821 6982621 5759773 6745756 8272654 34764625 654974 589529 528380 585024 447710 2805617 0 654974 589529 528380 585024 447710 2805617 31959008 84798 74159 34104 60430 574645 828136 84798 74159 34104 60430 574645 828136 7088619 7056780 5793877 6806186 8847299 35592761 0.89790 0.91100 0.02330 0.00910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2044569 10999 74641 11140 1969787 1749716 437229 144660 276045 10991 2044569 1416886 225000 188267 70000 10437 1749716 1551518 -54096 70000 10536 1416886 1510866 10000 112246 70437 11157 1551518 0.51000 0.49000 0 1 1 538142 486884 51258 51258 X 8494779 -139479 49005 167116 76642 8418137 0 8418137 7670250 49005 167116 216121 7454129 0 7454129 Part V, Line 4: In the current year the Louisville Orchestra Foundation, Inc. entered into an agreement with the Louisville Orchestra, Inc. and Community Foundation of Louisville, whereby the Louisville Orchestra Legacy Fund was established at CFL for the sole benefit of the Orchestra. Upon the transfer of the assets previously held by the Foundation to the Louisville Orchestra Legacy Fund, the Foundation was dissolved. The distribution from CFL to the Orchestra is shown on the Statement of Revenue, Part VIII Line 1d, which reflects the beneficial interest in Louisville Orchestra Legacy Endowment Fund held by the Community Foundation of Louisville, Inc. In the prior year, the Louisville Orchestra Endowment, Inc. (the "LOE") was formed as a non-profit organization devoted to privately solicit and receive contributions and gifts with the purpose of distributing its funds for public, charitable and/or educational purposes. Any distributions or payments by the LOE shall be made only to or for the benefit of the Orchestra. The LOE had assets of $928,976 and no distributions were made to the Orchestra at the year end May 31, 2019. Part X, Line 2: The Louisville Orchestra, Inc. is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code. No provision for income taxes has been made in the accompanying consolidated financial statements. Part XI, Line 2d - Other Adjustments: Fundraising expenses included with revenues 167,116. Part XII, Line 2d - Other Adjustments: Fundraising expenses included with revenues 167,116. 332418 49700 117416 1 1.00000 332418 49700 117416 167116 165302 KY 1 0 1 0 1.00000 Tonya McSorley 620 W Main Street Suite 600 Louisville KY 40202 0 Kimberley Davidson Oversees bingo sessions as a chairperson. X 0 Form 990, Part VI, Section B, line 11b The Chief Financial Officer, Executive Director and the Finance Committee of the Board of Directors all review the Form 990 and a copy of the Form 990 is provided to the governing body before final submission to the IRS. Form 990, Part VI, Section B, line 12c Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, as defined in the policy, is an interested person. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. Form 990, Part VI, Section B, line 15a The Board reviews and approves compensation for the Executive Director/Chief Executive Officer based on comparable data for the profession, and its deliberations and decision are documented in the Board minutes. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy, and financial statements are made available to the public upon request. Form 990, Part IX, line 11g Consultants: Program service expenses 0. Management and general expenses 300. Fundraising expenses 3,825. Total expenses 4,125. Contract services and Temporary Help: Program service expenses 28,490. Management and general expenses 20,125. Fundraising expenses 8,688. Total expenses 57,303. Guest Artist and Conducter Expenses: Program service expenses 481,060. Management and general expenses 0. Fundraising expenses 0. Total expenses 481,060. Stagehands, Ushers, Security: Program service expenses 262,078. Management and general expenses 0. Fundraising expenses 0. Total expenses 262,078. Form 990, Part XII, Line 2c: The oversight process has not changed from prior year. The Louisville Orchestra Foundation 4441 Springdale Road Louisville KY 40241 201546969 Supports orchestral music in Louisville KY 501(c)(3) Line 12a, I The Louisville Orchestra Inc 1 Louisville Orchestra Endowment Inc 620 West Main Street Suite 600 Louisville KY 40202 832138568 Supports orchestral music in Louisville KY 501(c)(3) Line 12a, I The Louisville Orchestra Inc 1 Community Foundation of Louisville 325 W Main Street Suite 110 Louisville KY 40202 311140889 Distributes grants and contributions KY 501(c)(3) Line 12a, I 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Louisville Orchestra Endowment Inc C 0 FMV Community Foundation of Louisville C 243003 FMV