2019-04-22T15:30:00-05:00 2018-08-31 570381582 ELLIOTT DAVIS LLCPLLC 100 CALHOUN STREET SUITE 300 CHARLESTON SC 29401 990 2017-09-01 570660848 SPOLETO FESTIVAL USA INC SPOL 8437222764 14 GEORGE STREET CHARLESTON SC 29401 TASHA GANDY DIRECTOR OF FINANCE 8437222764 2019-04-05 1 BRANDON T RENAUD P00743576 8435777040 2019-04-05 76.195.93.34 2019-04-05 12:01:49 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 45EC81BECC795DEE9FCB9BBE4D1F2D11B986C060 2017 2019-02-21 02:37:17Z NIGEL REDDEN 14 GEORGE STREET CHARLESTON SC 29401 8743268 0 X WWW.SPOLETOUSA.ORG X 1977 SC THE FESTIVAL'S MISSION IS TO PRESENT PROGRAMS OF THE HIGHEST ARTISTIC CALIBER WHILE MAINTAINING A DEDICATION TO YOUNG ARTISTS, A COMMITMENT TO ALL FORMS OF THE PERFORMING ARTS, A PASSION FOR CONTEMPORARY INNOVATION, AND AN ENTHUSIASM FOR PROVIDING UNUSUAL PERFORMANCE OPPORTUNITIES FOR ESTABLISHED ARTISTS. THIS FOCUS HAS BROUGHT THE FESTIVAL INTERNATIONAL ACCLAIM YEAR AFTER YEAR. CONTRIBUTING TO THE FESTIVAL'S ONGOING SUCCESS IS ITS LOCATION IN CHARLESTON. RECOGNIZED THE WORLD OVER FOR ITS STUNNING NATURAL BEAUTY, IMPRESSIVE ARRAY OF PRESERVED HISTORICAL ARCHITECTURE, AND WEALTH OF CHARMING PERFORMANCE VENUES, CHARLESTON PROVIDES AN INCOMPARABLE SETTING FOR AUDIENCE MEMBERS AND GUEST ARTISTS ALIKE. 41 41 392 376 56775 -54910 4613332 4275883 3161917 3297347 228365 306002 245289 334714 8248903 8213946 0 0 0 0 2867188 2755838 0 0 766280 5869848 5498650 8737036 8254488 -488133 -40542 17295376 17774304 2153298 2372140 15142078 15402164 X THE FESTIVAL'S MISSION IS TO PRESENT PROGRAMS OF THE HIGHEST ARTISTIC CALIBER WHILE MAINTAINING A DEDICATION TO YOUNG ARTISTS, A COMMITMENT TO ALL FORMS OF THE PERFORMING ARTS, A PASSION FOR CONTEMPORARY INNOVATION, AND AN ENTHUSIASM FOR PROVIDING UNUSUAL PERFORMANCE OPPORTUNITIES FOR ESTABLISHED ARTISTS. THIS FOCUS HAS BROUGHT THE FESTIVAL INTERNATIONAL ACCLAIM YEAR AFTER YEAR. CONTRIBUTING TO THE FESTIVAL'S ONGOING SUCCESS IS ITS LOCATION IN CHARLESTON. RECOGNIZED THE WORLD OVER FOR ITS STUNNING NATURAL BEAUTY, IMPRESSIVE ARRAY OF PRESERVED HISTORICAL ARCHITECTURE, AND WEALTH OF CHARMING PERFORMANCE VENUES, CHARLESTON PROVIDES AN INCOMPARABLE SETTING FOR AUDIENCE MEMBERS AND GUEST ARTISTS ALIKE. 0 0 5935889 3306190 FOR 17 DAYS AND NIGHTS EACH SPRING, SPOLETO FESTIVAL USA FILLS CHARLESTON, SOUTH CAROLINA'S HISTORIC THEATERS, CHURCHES, AND OUTDOOR SPACES WITH PERFORMANCES BY RENOWNED ARTISTS AS WELL AS EMERGING PERFORMERS IN DANCE, MUSIC, OPERA, AND THEATER. NOW APPROACHING ITS 41ST SEASON, SPOLETO FESTIVAL USA IS INTERNATIONALLY RECOGNIZED AS AMERICA'S PREMIER PERFORMING ARTS FESTIVAL. ANNUALLY, THE FESTIVAL PROVIDES AN APPRENTICE PROGRAM FOR SHORT-TERM INTENSIVE AND EXCITING LEARNING OPPORTUNITIES ABOUT THE WORLD OF PERFORMING ARTS. APPRENTICES ACQUIRE HANDS-ON EXPERIENCE UNDER THE GUIDANCE OF PROFESSIONAL ARTS ADMINISTRATORS AND TECHNICIANS. EACH YEAR THE FESTIVAL DEVELOPS A FESTIVAL ORCHESTRA OF RETURNING AND NEW MUSICIANS. THROUGH NATIONWIDE AUDITIONS, A TALENTED GROUP OF YOUNG PROFESSIONALS AND STUDENTS ARE SELECTED FOR A RESIDENT ENSEMBLE. THE FESTIVAL ORCHESTRA HAS PROVEN TO BE ONE OF THE FINEST OPPORTUNITIES FOR YOUNG MUSICIANS TO GAIN EXTENSIVE PERFORMANCE EXPERIENCE. ALUMNI OF THE SPOLETO FESTIVAL ORCHESTRA CAN BE FOUND IN ALMOST EVERY PROFESSIONAL ORCHESTRA IN THE UNITED STATES AND MANY ABROAD. 5935889 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 1 0 0 0 0 0 0 0 0 1 163 0 1 392 1 1 1 0 0 0 0 1 1 0 0 0 0 X 41 41 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X X THE ORGANIZATION 8437222764 14 GEORGE STREET CHARLESTON SC 29401 MR WILLIAM G MEDICH CHAIRMAN 2.00 X X 0 0 0 MRS ALICIA MULLEN GREGORY PRESIDENT 2.00 X X 0 0 0 MR RONALD D ABRAMSON TREASURER 2.00 X X 0 0 0 MR ANDREW T BARRETT VICE PRESIDENT 1.00 X X 0 0 0 MS REBECCA W DARWIN VICE PRESIDENT 1.00 X X 0 0 0 MRS JENNIE L DESCHERER VICE PRESIDENT 1.00 X X 0 0 0 MR GARY T DICAMILLO VICE PRESIDENT 1.00 X X 0 0 0 DR JOHN M PALMS VICE PRESIDENT 1.00 X X 0 0 0 MRS CYNTHIA B THOMPSON VICE PRESIDENT 1.00 X X 0 0 0 MR LOREN R ZIFF VICE PRESIDENT 1.00 X X 0 0 0 MS ANITA G ZUCKER VICE PRESIDENT 1.00 X X 0 0 0 MR JOHN B HAGERTY GENERAL COUNSEL & SECRETARY 1.00 X X 0 0 0 MR RICHARD J ALMEIDA DIRECTOR 0.30 X 0 0 0 MR LARRY ANTONATOS DIRECTOR 0.30 X 0 0 0 MRS KATHARINE I BACHMANN DIRECTOR 0.30 X 0 0 0 MS ELIZABETH L BATTLE DIRECTOR 0.30 X 0 0 0 MS MELISSA BLANCHARD DIRECTOR 0.30 X 0 0 0 MRS TIPPY STERN BRICKMAN DIRECTOR 0.30 X 0 0 0 MRS CLAIR HOLDING BRISTOW DIRECTOR 0.30 X 0 0 0 MR DERICK S CLOSE DIRECTOR 0.30 X 0 0 0 MRS RUTH L EDWARDS DIRECTOR 0.30 X 0 0 0 DR ELIZABETH A FLEMING DIRECTOR 0.30 X 0 0 0 MRS SUSAN T FRIBERG DIRECTOR 0.30 X 0 0 0 MRS BARBARA GS HAGERTY DIRECTOR 0.30 X 0 0 0 MRS LOU RENA HAMMOND DIRECTOR 0.30 X 0 0 0 DR COURTNEY TOLLISON HARTNESS DIRECTOR 0.30 X 0 0 0 MR OZEY K HORTON JR DIRECTOR 0.30 X 0 0 0 MRS DEBORAH KENNEDY KENNARD DIRECTOR 0.30 X 0 0 0 DR GEORGE H KHOURY DIRECTOR 0.30 X 0 0 0 DR MICHAEL S KOGAN DIRECTOR 0.30 X 0 0 0 MS MARGIE ANN MORSE DIRECTOR 0.30 X 0 0 0 MS MARIAN M NISBET DIRECTOR 0.30 X 0 0 0 MS SUSAN PEARLSTINE DIRECTOR 0.30 X 0 0 0 MR JAMES N RICHARDSON JR DIRECTOR 0.30 X 0 0 0 MRS KAYE SCOTT SMITH DIRECTOR 0.30 X 0 0 0 MR PHILLIP D SMITH DIRECTOR 0.30 X 0 0 0 MRS ELIZABETH H SULLIVAN DIRECTOR 0.30 X 0 0 0 MR MICHAEL C TARWATER DIRECTOR 0.30 X 0 0 0 MRS HELLENA HUNTLEY TIDWELL DIRECTOR 0.30 X 0 0 0 MR PAUL G TRIPPE DIRECTOR 0.30 X 0 0 0 MR MACK I WHITTLE JR DIRECTOR 0.30 X 0 0 0 NIGEL REDDEN GENERAL DIRECTOR (EMPLOYEE) 40.00 X 271466 0 10059 TASHA GANDY DIRECTOR OF FINANCE (EMPLOYEE) 40.00 X 143825 0 18124 JULIA A FORESTER DIRECTOR OF DEVELOPMENT (EMPLOYEE) 40.00 X 117864 0 22911 533155 0 51094 3 0 1 0 COLLEGE OF CHARLESTON 66 GEORGE STREET CHARLESTON SC 29424 FACILITY RENTALS 386324 MIAMI CITY BALLET 2200 LIBERTY AVENUE MIAMI BEACH FL 33139 PERFORMANCE FEE 346311 TTS STUDIOS LLC PO BOX 20066 CHARLESTON SC 29413 PRODUCTION SERVICES 159647 KNEEHIGH THEATRE TRUST LTD 14 WALSHINGHAM PLACE TRUROR TRI 26 CORNWALL UK PERFORMANCE FEE 139073 THE GAILLARD MANAGEMENT CORPORATION 95 CALHOUN STREET CHARLESTON SC 29401 FACILITY RENTALS 137815 5 376215 3899668 151211 4275883 ADMISSION SALES 711300 3294627 3294627 BOX OFFICE HANDLING FE 711300 2720 2720 3297347 225443 225443 225097 198124 26973 26973 26973 31714 50000 0 1155 31714 48845 80559 80559 566297 324174 242123 242123 10765 5869 4896 4896 ADVERTISING 541800 56775 56775 OTHER REVENUE 711300 3947 3947 60722 8213946 3306190 56775 575098 413350 41335 206675 165340 1891700 1179019 302210 410471 69993 43396 11199 15398 219701 136215 35152 48334 161094 99878 25775 35441 102343 74503 27840 230714 220047 10667 144523 70193 63058 11272 134870 134870 1014728 932355 66274 16099 100990 100990 440604 440604 133141 61625 71516 PERFORMANCE FEES 1768725 1768725 SETS 256716 256716 GENERAL PRODUCTION 251110 251110 LIGHTING, SOUND AND VID 221466 221466 698720 444436 201026 53258 8254488 5935889 1552319 766280 93637 142469 1134131 950265 30311 31923 4000 4000 113787 192438 12114723 6153329 6338611 5961394 9238622 10127702 342277 364113 17295376 17774304 86313 73185 116151 102316 1950834 2196639 2153298 2372140 X 5125901 3829116 1847354 2392416 8168823 9180632 15142078 15402164 17295376 17774304 X -40542 278793 21835 X X 0 1 X 1 0 X 5074496 5202847 3909035 4613332 4275883 23075593 8450 8450 8450 8450 7650 41450 5082946 5211297 3917485 4621782 4283533 23117043 1266975 21850068 367388 281129 394042 444452 450540 1937551 28784 8859 400 4369 3947 46359 25100953 17550686 0.87050 0.86960 X 9179677 1011809 496778 265000 10423264 8580936 160259 668482 230000 9179677 8363079 68020 409837 260000 8580936 8611196 371398 -434515 185000 8363079 6205036 1760189 815971 170000 8611196 0.00000 0.88080 0.11920 0 0 4338283 2207351 2130932 6691541 3055850 3635691 906778 712715 194063 178121 177413 708 5961394 X 8744903 278793 72286 219959 571038 8173865 40081 40081 8213946 8484817 72286 198124 270410 8214407 40081 40081 8254488 PART V, LINE 4: THE FESTIVAL'S ENDOWMENTS CONSIST OF FUNDS ESTABLISHED FOR VARIOUS PURPOSES, SUCH AS FOR ARTISTIC PROGRAMMING, ARTISTIC LEADERSHIP AND SPECIFIC PROGRAMMING AND FOR AN APPRENTICESHIP PROGRAM. THE ENDOWMENTS INCLUDE ONLY DONOR-RESTRICTED ENDOWMENT FUNDS HELD BY THE FESTIVAL. PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) PROVIDES GUIDANCE ON THE FESTIVAL'S EVALUATION OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE FESTIVAL'S TAX POSITION AND CONCLUDED THAT THE FESTIVAL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 21,835. RENTAL EXPENSES 198,124. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 198,124. GALA- TATYANA'S GALA 99975 99975 18906 21581 6500 20084 SFUSA ORCHESTRA AUCTION 224656 224656 14150 13825 915 18023 20 241666 241666 210190 566297 566297 33056 35406 7415 248297 324174 242123 X X X X 0 0 0 0 0 0 0 0 0 NIGEL REDDEN GENERAL DIRECTOR (EMPLOYEE) 271466 0 0 0 0 0 10059 0 0 0 281525 0 0 0 TASHA GANDY DIRECTOR OF FINANCE (EMPLOYEE) 143825 0 0 0 0 0 5840 0 12284 0 161949 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS UTILIZES VARIOUS FORMS OF CURRENT SALARY INFORMATION TO DETERMINE THE ANNUAL COMPENSATION FOR THE FESTIVAL'S DIRECTOR. ONCE THIS DATA IS SUMMARIZED, DISCUSSED AND ANALYZED, THE FESTIVAL'S BOARD OF DIRECTORS APPROVES THE ANNUAL COMPENSATION OF THE DIRECTOR. X 19 151211 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES A THIRD PARTY SITE/PROCESSOR TO SELL APPROXIMATELY $30,000 IN DONATED IN-KIND ITEMS FOR THEIR ANNUAL AUCTION. THESE NONCASH DONATIONS ARE RECEIVED AND SOLD AS PART OF A SPECIAL EVENT AND THEREFORE ARE NOT REPORTED ON SCHEDULE M. FORM 990, PART VI, SECTION A, LINE 2 ONE BOARD MEMBER IS THE FATHER-IN-LAW OF ANOTHER BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 11B EACH BOARD MEMBER HAS THE OPPORTUNITY TO REVIEW AND COMMENT ON THE ORGANIZATION'S FORM 990 BY POSTING ON A SECURE WEB SITE. ACCESS INFORMATION IS PROVIDED TO THE FULL BOARD VIA EMAIL AND THE BOARD IS GIVEN SEVEN DAYS IN WHICH TO COMMENT PRIOR TO FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE IS MONITORED WITH AN ANNUAL QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 SALARY ADJUSTMENTS AND BONUSES ARE SUBJECT TO APPROVAL BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE FESTIVAL'S PUBLIC DISCLOSURE COPY OF FORM 990 IS AVAILABLE FOR INSPECTION AT THE FESTIVAL'S MAIN OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 21,835. FROM 990, PAGE 12, PART XI, LINE 10 THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.