2019-12-05T16:04:06-06:00 2019-06-30 271728945 PKF O'CONNOR DAVIES LLP 3001 SUMMER STREET 5TH FLOOR EAST STAMFORD CT 06905 990 2018-07-01 066100039 THE STAMFORD SYMPHONY ORCHESTRA INC STAM 2033251407 263 TRESSER BLVD STAMFORD CT 06901 RUSSELL JONES CEO & PRESIDENT 2033251407 2019-12-05 1 GARRETT M HIGGINS P00543209 2033232400 2019-12-03 65.51.112.58 2019-12-05 16:04:03 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9616F4B14A694591D1E716C270910E6FA5556DA3 2018 2020-04-17 16:48:07Z RUSSELL JONES 263 TRESSER BLVD STAMFORD CT 06901 1543315 0 X WWW.STAMFORDSYMPHONY.ORG X 1977 CT THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PERFORM AND ENCOURAGE THE UNDERSTANDING, APPRECIATION, AND STUDY OF THE ART OF MUSIC. THE ORGANIZATION MANAGES AND SUPERVISES THE STAMFORD SYMPHONY ORCHESTRA, AS WELL AS PROVIDING EDUCATIONAL AND OUTREACH PROGRAMS. 26 26 128 29 0 0 1060310 963678 330147 386547 77298 85566 10894 43631 1478649 1479422 0 0 0 0 1015085 902673 1615 10220 116715 456939 525022 1473639 1437915 5010 41507 1410101 1443140 235271 207817 1174830 1235323 X THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PERFORM AND ENCOURAGE THE UNDERSTANDING, APPRECIATION, AND STUDY OF THE ART OF MUSIC. THE ORGANIZATION MANAGES AND SUPERVISES THE STAMFORD SYMPHONY ORCHESTRA, AS WELL AS PROVIDING EDUCATIONAL AND OUTREACH PROGRAMS. 0 0 1111750 372572 THE ORCHESTRA'S CORE PRESENTING SEASONTHE STAMFORD SYMPHONY OFFERS RESIDENTS OF STAMFORD AND THE WIDER FAIRFIELD COUNTY THE OPPORTUNITY TO EXPERIENCE WORLD-CLASS, LIVE, PROFESSIONAL ORCHESTRAL PERFORMANCES IN THEIR OWN COMMUNITY. TO ACHIEVE OUR MISSION, THE STAMFORD SYMPHONY PERFORMS REPERTORY FROM THE 17TH TO THE 21ST CENTURIES IN A VARIETY OF FORMATS AND VENUES AND UNDERTAKES EDUCATION AND COMMUNITY ACTIVITIES THROUGHOUT THE YEAR. THE STAMFORD SYMPHONY SERVES APPROXIMATELY 18,000 MEMBERS OF THE COMMUNITIES OF LOWER FAIRFIELD COUNTY ANNUALLY. THE POPULATION SERVED INCLUDES COMMUNITY MEMBERS OF ALL AGES AND ECONOMIC BACKGROUNDS, INCLUDING STUDENTS, SENIOR CITIZENS AND LOW AND MODERATE-INCOME FAMILIES AND INDIVIDUALS. THE SYMPHONY ALSO PARTNERS WITH, AND SUPPORTS, OTHER MEMBERS OF THE LOCAL NON-PROFIT COMMUNITY THROUGH COMPLIMENTARY TICKETS TO CLIENTS AND VOLUNTEERS, TICKET PURCHASE INCENTIVES AND DONATIONS OF TICKETS AND SUBSCRIPTIONS FOR AUCTIONS AND FUNDRAISING EVENTS.THE STAMFORD SYMPHONY PERFORMS 10 CLASSICAL SUBSCRIPTION CONCERTS AND OFFERS ADDITIONAL CONCERTS SUCH AS RECITALS BY WORLD-FAMOUS ARTISTS, MOSTLY RECENTLY, PIANIST STEPHEN HOUGH. PERFORMANCES IN OTHER VENUES INCLUDE HANDEL'S MESSIAH AT THE BASILICA OF ST. JOHN THE EVANGELIST AND CHAMBER MUSIC CONCERTS AT LOCAL COUNTRY CLUBS, HALF FULL BREWERY, AND STAMFORD TOWN CENTER MALL. MUSIC EDUCATION CONTINUES TO BE AN IMPORTANT PART OF OUR MISSION AND DURING THE YEAR WE SERVED OVER 5,000 STUDENTS. THE INSTITUTION CONTINUES THROUGH ITS TRANSITIONAL SITUATION FROM THE DEPARTURE OF MUSIC DIRECTOR EKART PREU AND CEO BARBARA SOROCA. ADDITIONALLY, THE SWITCH OF INCOME FROM CORPORATE SUPPORT TO INDIVIDUAL GIVING CONTINUES APACE AND WITH SOME STRESS TO THE FINANCIAL SITUATION.THE ARRIVAL OF RUSSELL JONES AS PRESIDENT AND CEO IN JANUARY 2018, HAS SEEN A SIGNIFICANT REFOCUS OF THE ORCHESTRA'S DELIVERY OF ITS MISSION. DURING 2018 A NUMBER OF NEW INITIATIVES WERE ESTABLISHED:- PRESENTATION OF A "POPS" CONCERT OSCAR GOES TO THE SYMPHONY AIMED AT NON-TRADITIONAL AUDIENCES- CREATION OF A FAMILYFRIENDLY HOLIDAY CONCERT JINGLE ALL THE WAY - APPOINTMENT OF A PART TIME AUDIENCE AMBASSADOR/VIDEOGRAPHER- CREATION OF A COMMITTEE OF MILLENNIALS TO INCREASE ATTENDANCE AND PARTICIPATION - A RE-IMAGINED GALA THAT SAW THE NET CONTRIBUTIONS MORE THAN DOUBLE ORCHESTRA CLASSICSTHE 2018/19 SEASON, SAW A SALUTE TO THE CENTENARY OF COMPOSER LEONARD BERNSTEIN, INCLUDING A PERFORMANCE OF HIS ICONIC SYMPHONIC DANCES FROM WEST SIDE STORY. OTHER PERFORMANCES INCLUDED VIVALDI FOUR SEASON, HANDEL, MESSIAH, GERSHWIN, PORGY AND BESS, MOZART, JUPITER SYMPHONY AND RACHMANINOFF, SYMPHONY NO. 2.JINGLE ALL THE WAY WITH STAMFORD SYMPHONY BRASSTHIS FAMILY-FRIENDLY, FUN EVENT INCLUDED SEASONAL WORKS, SING-A-LONG FAVORITES SUCH AS SLEIGH RIDE, DECK THE HALLS AND MORE. CELEBRATED AT THE FIRST CONGREGATIONAL CHURCH OF STAMFORD AND COORDINATED ON THE SAME DATE AS STAMFORD'S HEIGHTS & LIGHTS EXTRAVAGANZA, THE CONCERT FILLED A GAP IN THE ORCHESTRA'S PROGRAMMING. CHILDREN WERE ADMITTED FREE WITH A PAYING ADULT, AND TICKETS MODESTLY PRICED AT $35. 11392 13975 COMMUNITY ENGAGEMENT AND EDUCATION DURING THE YEAR, DR. JANEY CHOI WAS APPOINTED AS DIRECTOR OF COMMUNITY ENGAGEMENT AND EDUCATION. THIS ENABLED A REVIEW OF THE ROLE OF THE ORCHESTRA IN THE COMMUNITY AND TO EXPAND THE REMIT OF THIS POST. A "BIG TENT" MEETING HOSTED BY THE STAMFORD PUBLIC SCHOOLS SUPERINTENDENT, ATTENDED BY MUSICIANS, BOARD MEMBERS, FUNDERS, DONORS, TEACHERS AND OTHER STAMFORD YOUTH EDUCATION ORGANIZATIONS, PROVIDED A SOLID BASIS FOR THE CONSULTATION WORK THAT WAS REQUIRED TO ENSURE THAT THE SYMPHONY'S OFFERINGS DEMONSTRATED GENUINE ENGAGEMENT AND NOT MERELY OUTREACH. THE NEW MANAGER UNDERTOOK A THREE MONTH "LISTENING TOUR" LEARNING FROM, AND COMMUNICATING WITH, ALL THE ORGANIZATIONS THAT SERVE YOUNG PEOPLE AND THE LARGER COMMUNITY THROUGH ARTS AND CULTURE PROGRAMS. THE ORGANIZATION WISHES TO PAY SPECIAL ATTENTION TO THE DIVERSE DEMOGRAPHICS OF STAMFORD AND FAIRFIELD COUNTY. THE LACK OF A VISIBLE PRESENCE OF THE SYMPHONY WAS ADDRESSED, IN PART, BY EXPLORING NEW WAYS THE INSTITUTION MAY OFFER OPPORTUNITIES TO ENJOY ORCHESTRAL MUSIC, INCLUDING, BUT NOT LIMITED TO: A FREE SUMMER SERIES, "POP-UP" CONCERTS, PRO-AM REHEARSALS AND CONCERTS, SIDE-BY-SIDES, YOUTH ORCHESTRA COACHING, CHAMBER MUSIC SERIES, AND OPPORTUNITIES FOR RETIREES.SYMPHONY ON TAPIN ADDITION TO SUPPORTING ITS LOYAL CORE SUBSCRIBER AUDIENCE, THE STAMFORD SYMPHONY IS DETERMINED TO REACH OUT TO THOSE UNDER 40-YEAR OLD AUDIENCES WHICH HAVE YET, OR ARE UNLIKELY, TO ATTEND A FULL ORCHESTRAL CONCERT. A NEW PROGRAM HAS HELPED US TO ADDRESS SHIFTING DEMOGRAPHICS IS SYMPHONY ON TAP, CREATED TO BRING QUALITY MUSIC BY THE MUSICIANS OF THE ORCHESTRA IN A MORE USER-FRIENDLY LOCATION THAT WOULD APPEAL TO THIS DEMOGRAPHIC. THE FIRST EVENT WAS HELD AT THE HALF FULL BREWERY, STAMFORD, IN OCTOBER 2018 AND RECEIVED MEDIA COVERAGE FROM CHANNEL 12 AND THE STAMFORD ADVOCATE. TWO CLARINET PLAYERS FROM THE SYMPHONY PLAYED TWO THIRTY MINUTE SETS, INTERACTED AND ENGAGED WITH THE AUDIENCE ABOUT: THEIR INSTRUMENTS; THE RANGE OF MUSIC PLAYED; AND THE LIFE OF A PROFESSIONAL MUSICIAN. THE EVENT SOLD OUT, VENUE CAPACITY WAS 60, AND 20 WERE TURNED AWAY FOR LACK OF SPACE. THE EVENT WAS REPEATED IN DECEMBER AND AGAIN SOLD OUT. LINK UPPROGRAM CARNEGIE HALL'S WEILL MUSIC INSTITUTE (WMI)ALL STAMFORD PUBLIC SCHOOL THIRD GRADERS (APPROXIMATELY 1350 STUDENTS) PARTICIPATE IN A YEARLONG, HANDS-ON MUSIC CURRICULUM ABOUT ORCHESTRAL REPERTOIRE. CARNEGIE HALL'S WMI PROVIDES PROFESSIONAL DEVELOPMENT AND TEACHER GUIDEBOOKS. EXAMPLES OF CONCEPTS TAUGHT TO STUDENTS INCLUDE RHYTHM, MELODY, TEMPO, ORCHESTRATION AND COMPOSITION. TEACHERS GUIDE STUDENTS IN EXPLORING MUSIC THROUGH A COMPOSER'S LENS, WITH STUDENTS PARTICIPATING IN MUSIC-MAKING, PERFORMING REPERTOIRE ON A RECORDER, VOICE OR BODY PERCUSSION AS WELL AS CREATING MUSIC COMPOSITIONS INSPIRED BY ORCHESTRAL MUSIC THEY HAVE STUDIED.THE CULMINATION OF THE PROGRAM OVER THE YEAR CONCLUDED WITH A LIVE INTERACTIVE PERFORMANCE FEATURING THE STAMFORD SYMPHONY AND ALL THE 3RD GRADE STAMFORD PUBLIC SCHOOL STUDENTS. STUDENTS SING AND PLAY THE RECORDER ALONGSIDE THE SYMPHONY. THIS PERFORMANCE OFTEN SERVES AS A STUDENT'S FIRST CONCERT EXPERIENCE AND PROVIDES THEM WITH THE OPPORTUNITY TO APPLY THEIR LEARNING OF MUSICAL CONCEPTS.LINK UP'S NATIONAL PARTNERSHIP GREW OUT OF THE PROGRAM'S ONGOING WORK IN NEW YORK CITY'S SCHOOLS. THROUGH THIS PROGRAM, CARNEGIE HALL HAS ENGAGED HUNDREDS OF THOUSANDS OF STUDENTS IN MUSICAL LEARNING SINCE ITS INCEPTION IN 1985. THE STAMFORD SYMPHONY IS PLEASED TO BE ABLE TO BRING SUCH A HIGH QUALITY PROGRAM TO STAMFORD.ADVANCE THE ARTS/MUSIKIDS EVERY YEAR THROUGH ADVANCE THE ARTS, THE STAMFORD SYMPHONY PROVIDES PARENT TEACHER ORGANIZATIONS WITH VOUCHERS FOR TICKETS TO ITS SUNDAY ORCHESTRA CLASSICS CONCERTS. THE PTOS MAY SELL THE VOUCHERS, RETAINING THE PROCEEDS FOR THEIR SCHOOLS WHICH MUST BE USED BY THE SCHOOLS TO FUND ARTS EDUCATION PROGRAMS. FAMILIES WHO PURCHASE THE VOUCHERS CAN LOOK FORWARD TO A FABULOUS FAMILY OUTING, AT THE PALACE THEATRE, BEGINNING AT 2:00PM WITH MUSIKIDS AN INTERACTIVE PRE-CONCERT PROGRAM (DESIGNED FOR CHILDREN 7-12 YEARS OLD) AND THEN AT 3:00PM THEY EXPERIENCE AN EXCITING MUSICAL PERFORMANCE WITH THEIR FAMILIES AND CLASSMATES. ALL CHILDREN ATTENDING STAMFORD SYMPHONY CONCERTS ON SUNDAYS, ACCOMPANIED BY AN ADULT, COME FOR FREE.INSTRUMENT BOOTCAMPSIN THESE 2-HOUR, AFTER SCHOOL PROGRAMS, STUDENTS ARE PRESENTED WITH THE RARE OPPORTUNITY TO INTERACT WITH, AND LEARN FROM, A PROFESSIONAL ORCHESTRAL MUSICIAN. WE PLAN TO PRESENT FURTHER BOOTCAMPS THROUGHOUT THE COUNTY. THE CHOICE OF INSTRUMENT(S) FOR FUTURE BOOTCAMPS WOULD BE MADE IN CONSULTATION WITH SCHOOL MUSIC STAFF. MASTERCLASS AND HARTT SCHOOL FELLOWSTHE ORCHESTRA CONTINUED TO PROMOTE AN ANNUAL MASTERCLASS FOR ADVANCED STUDENTS AT THE HARTT SCHOOL OF MUSIC. LEEDS PIANO COMPETITION WINNER AND SYMPHONY SOLOIST, FEDERICO COLLI GAVE A MASTERCLASS FOR STUDENT PIANISTS. THE ORCHESTRA ALSO OFFERED TWO HARTT STUDENTS THE OPPORTUNITY TO REHEARSE AND PLAY THREE OF THE ORCHESTRA'S WEEKEND CONCERTS. THE FELLOWS WERE: YEEUN CHO, VIOLIN AND RAJAN KAPOOR, CELLO.BEHIND THE BATONBEHIND THE BATON PRE-CONCERT LECTURES CONTINUED, ONSTAGE, ONE HOUR PRIOR TO EACH ORCHESTRA CLASSICS CONCERT PERFORMANCE AT THE PALACE THEATRE. THE CONDUCTOR, GUEST SOLOISTS AND MEMBERS OF THE STAMFORD SYMPHONY PLAYED MUSICAL EXAMPLES, SHARED STORIES ABOUT THE COMPOSERS AND SET THE PROGRAM IN HISTORICAL CONTEXT.ANNUAL FUNDRAISING GALATHE ANNUAL GALA WAS REVAMPED COMPLETELY. IT WAS REMOVED FROM THE OPENING NIGHT SUBSCRIPTION CONCERT AND GIVEN A STAND-ALONE EVENING AT THE PALACE THEATRE. PIANIST CONRAD TAO GAVE A 40-MINUTE RECITAL, FOLLOWED BY DINNER ON STAGE FOR 200 PEOPLE. A LIVE AUCTION AND PADDLE RAISE WAS ADDED TO THE PROCEEDINGS AND IN TOTAL THE PROCEEDS FROM THE GALA WERE INCREASED THREE FOLD TO $180,000. 1123142 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 128 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X RUSSELL JONES 2033251407 263 TRESSER BLVD STAMFORD CT 06901 ALAN MCINTYRE CHAIRMAN 1.00 X X 0 0 0 STEPHEN ALPERT VICE CHAIRMAN 1.00 X X 0 0 0 MICHAEL MAYONE TREASURER 1.00 X X 0 0 0 PENNY YOUNG SECRETARY 1.00 X X 0 0 0 SAM ABERNETHY BOARD MEMBER 1.00 X 0 0 0 PETER ANKER BOARD MEMBER THRU NOV. 2018 1.00 X 0 0 0 PHILIP FARESE BOARD MEMBER 1.00 X 0 0 0 DR AARON FLAGG BOARD MEMBER 1.00 X 0 0 0 JULIE H FORRESTER-ALEXANDRE BOARD MEMBER 1.00 X 0 0 0 TOMAS HAENDLER BOARD MEMBER 1.00 X 0 0 0 THOMAS HERBIG BOARD MEMBER 1.00 X 0 0 0 DANIEL JOHNSON BOARD MEMBER 1.00 X 0 0 0 JOHN JOVE BOARD MEMBER 1.00 X 0 0 0 DANIEL KOHN BOARD MEMBER 1.00 X 0 0 0 ANA KREACIC BOARD MEMBER 1.00 X 0 0 0 ERIC KUNG BOARD MEMBER 1.00 X 0 0 0 WILLIAM LEACH BOARD MEMBER 1.00 X 0 0 0 LINDA MANDEL BOARD MEMBER 1.00 X 0 0 0 KATHERINE MICHELE BOARD MEMBER 1.00 X 0 0 0 STEVEN C PARRISH BOARD MEMBER 1.00 X 0 0 0 MICHAEL PULEO BOARD MEMBER 1.00 X 0 0 0 ARNOLD RUTKIN BOARD MEMBER THRU JULY 2018 1.00 X 0 0 0 EMMANUEL SAOUNATSOS BOARD MEMBER 1.00 X 0 0 0 JOSEPH STEUERT BOARD MEMBER THRU JULY 2018 1.00 X 0 0 0 NICHOLAS SMITH BOARD MEMBER 1.00 X 0 0 0 CAROL SPINNER BOARD MEMBER 1.00 X 0 0 0 DALE TODARO BOARD MEMBER 1.00 X 0 0 0 THOMAS VELAZQUEZ BOARD MEMBER 1.00 X 0 0 0 HELENA YOON BOARD MEMBER 1.00 X 0 0 0 RUSSELL JONES CEO & PRESIDENT 40.00 X 150000 0 3000 BARBARA SOROCA FORMER CEO & PRESIDENT 0.00 X 258980 0 341 408980 0 3341 2 1 1 0 0 104385 46726 812567 963678 SUBSCRIPTIONS & BOX OF 711130 351649 351649 CONTRACT PERFORMANCE F 711130 18248 18248 PROGRAM BOOK 711130 13975 13975 MUSIC STAND AND RELATE 711130 2675 2675 386547 46909 46909 53090 14433 38657 38657 38657 92466 104385 49460 43006 43006 OTHER INCOME 900099 625 625 625 1479422 386547 0 129197 X 158100 127491 14330 16279 569242 459033 51596 58613 52978 42721 4802 5455 45529 36714 4127 4688 76824 47901 22807 6116 2250 2250 15800 15800 10220 10220 175425 142487 32542 396 44078 44078 130705 116326 12021 2358 6301 4411 1890 3175 3175 58314 43943 10060 4311 39241 38617 437 187 3445 3445 4562 3102 1460 9189 9189 MISC OPERATING EXPENSES 21778 11744 5876 4158 CEO CANDIDATE SEARCH 5596 3022 1511 1063 GIFTS 2645 1428 714 503 EMPLOYEE REIMBURSEMENTS 2518 1360 680 478 1437915 1123142 198058 116715 1715 1990 122884 135658 35222 58137 28828 19292 106230 95132 14040 11098 1207412 1216965 1410101 1443140 26777 65150 208494 142667 235271 207817 X 728963 801934 318642 303664 127225 129725 1174830 1235323 1410101 1443140 X 41507 23986 -5000 X X 0 1 X 1 0 X 771820 888114 842524 1055310 963678 4521446 771820 888114 842524 1055310 963678 4521446 709189 3812257 72867 52494 94478 47143 46909 313891 33880 3364 7521 43006 87771 1220 326 769 3373 625 6313 4929421 1977402 0.77340 0.76610 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2014 AMOUNT: $ 1,220. 2015 AMOUNT: $ 326. 2016 AMOUNT: $ 769. 2017 AMOUNT: $ 3,373. 2018 AMOUNT: $ 625. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 432424 2500 40608 20000 455532 303841 138125 10458 20000 432424 300429 23412 20000 303841 300429 300429 300429 300429 0.04860 0.28480 0.66660 0 0 6500 6500 0 99730 88632 11098 11098 X 1575861 23986 72453 96439 1479422 0 1479422 1515368 72453 5000 77453 1437915 0 1437915 PART V, LINE 4: THE SYMPHONY'S ENDOWMENT FUNDS WERE ESTABLISHED TO PROVIDE LONG-TERM SUPPORT FOR ITS CHARITABLE PROGRAMS. PART X, LINE 2: THE SYMPHONY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SYMPHONY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SYMPHONY IS NOT SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAX JURISDICTIONS FOR PERIODS PRIOR TO 2016. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE-OFF OF UNCOLLECTIBLE PLEDGE 5,000. GALA 196851 104385 92466 11834 28568 9058 196851 104385 92466 11834 28568 9058 49460 43006 X X 0 1 0 0 0 0 0 0 0 RUSSELL JONES CEO & PRESIDENT 150000 0 0 0 0 0 3000 0 0 0 153000 0 0 0 BARBARA SOROCA FORMER CEO & PRESIDENT 6961 0 0 0 252019 0 0 0 341 0 259321 0 252019 0 PART I, LINE 4B BARBARA SOROCA, FORMER CEO & PRESIDENT OF THE STAMFORD SYMPHONY ORCHESTRA, INC., PARTICIPATED IN A 457(F) DEFERRED COMPENSATION PLAN IN THE CURRENT YEAR. BARBARA SOROCA RECEIVED A DISTRIBUTION OF $252,019 OF DEFERRED COMPENSATION IN CALENDAR YEAR 2018 AND THE AMOUNT IS REPORTED IN FORM 990, SCHEDULE J, PART II, LINE 1 (B)(III), OTHER REPORTABLE COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B 1. THE CEO AND THE AUDIT COMMITTEE OF THE ORGANIZATION WILL REVIEW THE FORM 990 PRIOR TO CIRCULATING IT TO THE GOVERNING BODY (BOARD MEMBERS) TO ENSURE THAT IT CORRECTLY REFLECTS ALL ACTIVITIES AND POLICIES OF THE ORGANIZATION. 2. AFTER THE AUDIT COMMITTEE'S REVIEW, THE FORM 990 WILL BE CIRCULATED TO THE GOVERNING BODY. ANY QUESTIONS, SUGGESTIONS OR CONCERNS FROM ANY BOARD MEMBER WITH RESPECT TO THE FORM 990 WILL BE ADDRESSED BY A MEMBER OF THE AUDIT COMMITTEE PRIOR TO THE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES ARE REQUIRED TO DISCLOSE WHEN THEY COME ONTO THE BOARD OF DIRECTORS OR ARE HIRED, ANY CONFLICT OF INTEREST THEY MAY HAVE FOR ANY MATTER THAT COMES BEFORE THE BOARD OF DIRECTORS. ANNUALLY, A CONFLICT OF INTEREST DISCLOSURE STATEMENT WILL BE COMPLETED AND REVIEWED. ANY CONFLICTS ARE REVIEWED BY THE BOARD MEMBERS WITHOUT A CONFLICTING INTEREST. THE PERSON WITH THE CONFLICT MAY NOT VOTE ON THE TRANSACTION, HOWEVER THEY MAY BE PRESENT TO ANSWER QUESTIONS. THE BOARD SECRETARY WILL DOCUMENT THE BOARD'S DECISION AND THE BASIS FOR THEIR DETERMINATION IN THE MINUTES TO THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO'S BASE COMPENSATION IS SUBJECT TO REVIEW EACH FISCAL YEAR. HIS/HER SALARY IS GENERALLY INCREASED IN LINE WITH THE COST-OF-LIVING INCREASE GRANTED TO THE SSO FULL-TIME STAFF. HOWEVER, THE PRESIDENT/CEO WILL BE ELIGIBLE TO EARN AN ANNUAL PERFORMANCE BONUS TO THE EXTENT THAT HE/SHE MEETS AND EXCEEDS GOALS AGREED UPON IN ACCORDANCE WITH THE PROCEDURES SET FORTH BELOW. EARLY IN EACH FISCAL YEAR, THE PRESIDENT/CEO MEETS WITH THE BOARD CHAIR AND THE CHAIR OF THE PERSONNEL COMMITTEE TO AGREE UPON THE PRESIDENT/CEO'S PERFORMANCE OBJECTIVES FOR THE COMING YEAR. GOALS ARE BOTH QUALITATIVE AND QUANTITATIVE. THE PRESIDENT/CEO'S PERFORMANCE IS REVIEWED BY THE BOARD CHAIR AND THE CHAIR OF THE PERSONNEL COMMITTEE AFTER THE END OF EACH FISCAL YEAR, AT WHICH TIME, THE PERSONNEL COMMITTEE MEETS TO DETERMINE WHETHER PAYMENT OF A BONUS TO THE PRESIDENT/CEO IS APPROPRIATE AND, IF SO, THE AMOUNT OF THE BONUS. THE AMOUNT OF THE PRESIDENT/CEO'S RECOMMENDED BONUS AND THE AMOUNT OF THE COST OF LIVING INCREASE GRANTED TO THE PRESIDENT/CEO AND ALL OTHER MEMBERS OF THE SSO FULL TIME STAFF IS PRESENTED TO THE BOARD FOR APPROVAL AT AN EXECUTIVE SESSION AT WHICH ONLY BOARD MEMBERS ARE PRESENT AND AT WHICH THE PRESIDENT/CEO IS NOT PRESENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 263 TRESSER BLVD., STAMFORD, CT 06901 OR BY CALLING THE ORGANIZATION DIRECTLY AT 203-325-1407. FORM 990, PART IX, LINE 11G CONCERT CONTRACTORS: PROGRAM SERVICE EXPENSES 16,201. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,201. GUEST ARTISTS: PROGRAM SERVICE EXPENSES 23,400. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,400. GUEST CONDUCTORS: PROGRAM SERVICE EXPENSES 40,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,500. OTHER PRODUCTION PERSONNEL: PROGRAM SERVICE EXPENSES 46,697. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,697. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 14,289. MANAGEMENT AND GENERAL EXPENSES 32,542. FUNDRAISING EXPENSES 396. TOTAL EXPENSES 47,227. RECORDING ENGINEERS: PROGRAM SERVICE EXPENSES 1,400. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,400. FORM 990, PART XI, LINE 9: WRITE-OFF OF UNCOLLECTIBLE PLEDGE -5,000. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.