2019-02-18T10:33:02-06:00 2018-06-30 824158464 DAVIS & COMPANY CPAS 990 LAKE HUNTER CIRCLE STE 207 MOUNT PLEASANT SC 29464 990 2017-07-01 576000192 CHARLESTON SYMPHONY ORCHESTRA CHAR 8437237528 2133 N HILLSIDE DRIVE CHARLESTON SC 29407 MICHAEL A SMITH EXECUTIVE DIRECTOR 8437237528 2019-02-18 1 ZOE DAVIS P01057590 8438813315 67.223.0.101 2019-02-18 11:27:57 ES P D687F2D5A2F6D0A2D3F8E5BB2EE485A29C43EC1C D687F2D5A2F6D0A2D3F8E5BB2EE485A29C43EC1C 2017 2019-02-21 02:37:17Z MICHAEL A SMITH 2133 N HILLSIDE DRIVE CHARLESTON SC 29407 3634175 0 X WWW.CHARLESTONSYMPHONY.ORG X 1936 SC OUR VISION IS TO BE A WORLD-CLASS ORCHESTRA FOR A WORLD-CLASS CITY.THE MISSION OF THE CHARLESTON SYMPHONY ORCHESTRA IS TO INSPIRE AND ENGAGE OUR COMMUNITY THROUGH EXCEPTIONAL MUSICAL PERFORMANCES AND EDUCATIONAL PROGRAMS. WE WILL EDUCATE, CHALLENGE, AND INSPIRE STUDENTS THROUGH MUSICAL EXPERIENCES. 25 25 232 150 0 0 1921897 1893025 1507827 1749506 19408 -8536 54793 180 3503925 3634175 0 0 0 0 2200325 2635980 0 0 309092 1289746 934557 3490071 3570537 13854 63638 2212960 2452958 1189028 1341665 1023932 1111293 X OUR MISSION IS TO INSPIRE AND ENGAGE OUR COMMUNITY THROUGH EXCEPTIONAL MUSICAL PERFORMANCES AND EDUCATIONAL PROGRAMS. WE WILL EDUCATE, CHALLENGE, AND INSPIRE STUDENTS THROUGH MUSICAL EXPERIENCES. OUR VISION IS TO BE A WORLD-CLASS ORCHESTRA FOR A WORLD-CLASS CITY.OUR VALUES:EXCELLENCE SETS US APART - WE SET AND MAINTAIN THE HIGHEST STANDARDS FOR OUR PEOPLE, OUR PERFORMANCES AND OUR EDUCATIONAL PROGRAMS. WE ENCOURAGE THE DEVELOPMENT OF OUR PEOPLE. WE CONTINUALLY STRIVE FOR EXCELLENCE IN ALL WE DO. ENGAGEMENT IS OUR NUMBER ONE COMMITMENT - WE WANT OUR MUSIC TO MAKE AN EMOTIONAL CONNECTION WITH OUR AUDIENCES. OUR AIM IS TO EVOKE A POSITIVE RESPONSE AT SOME LEVEL WHENEVER WE PERFORM. TRANSPARENCY DESCRIBES HOW WE COMMUNICATE - WE STRIVE TO HAVE OPEN, TRANSPARENT TWO-WAY COMMUNICATIONS BETWEEN OUR MUSICIANS, STAFF, AND BOARD OF DIRECTORS AS WELL AS WITH OUR DONORS AND PATRONS. WE STRIVE TO LISTEN AND UNDERSTAND EACH OTHER'S PERSPECTIVES AND RESPOND OPENLY ON ALL ISSUES. 0 0 2688344 1729160 IN THE 2017-2018 SEASON, THE CHARLESTON SYMPHONY ORCHESTRA CELEBRATED THE 100TH BIRTHDAY OF LEGENDARY CONDUCTOR AND COMPOSER, LEONARD BERNSTEIN, WITH BOTH A POPS AND MASTERWORKS CONCERT DEDICATED TO HIS MOST FAMOUS REPERTOIRE. FOR OUR MASTERWORKS SERIES, PIANIST CONRAD TAO PERFORMED BERNSTEIN'S AGE OF ANXIETY AS WELL AS GERSHWIN'S PIANO CONCERTO IN F TO A ROUSING OVATION. MR. TAO IS AN UP-AND-COMING STAR IN THE CLASSICAL MUSIC FIELD, AND THE CSO WAS DELIGHTED TO HAVE HIM AS A GUEST ONLY SIX MONTHS PRIOR TO THE NEW YORK PHILHARMONIC'S WORLD PREMIERE OF HIS ORIGINAL COMPOSITION, EVERYTHING MUST GO. THE CSO ALSO DELIGHTED PATRONS WITH BEETHOVEN'S ICONIC NINTH SYMPHONY TO A PACKED HALL IN NOVEMBER, AS WELL AS BEETHOVEN'S SEVENTH SYMPHONY IN APRIL. ACCOMPANYING BEETHOVEN'S SEVENTH WAS A RARE TREAT: CONCERTMASTER YURIY BEKKER PERFORMED MAX BRUCH'S BELOVED VIOLIN CONCERTO ON A 17TH CENTURY STRADIVARIUS VIOLIN. FINALLY, MUSIC DIRECTOR KEN LAM AND CSO MUSICIANS CONTINUED THEIR PURSUIT TO STRETCH OUR AUDIENCE'S UNDERSTANDING OF CLASSICAL MUSIC BY PRESENTING A NEWER WORK BY ALFRED SCHNITTKE, WHICH RECEIVED A STANDING OVATION. FOR OUR POPS SERIES, THE CSO CELEBRATED THE LEGACY OF BERNSTEIN BY FEATURING SELECTIONS FROM WEST SIDE STORY, CANDIDE, AND MORE. THE CSO ALSO CELEBRATED THE 80TH ANNIVERSARY OF LEGENDARY MOVIE COMPOSER JOHN WILLIAMS, WITH A PERFORMANCE COMPRISED OF HIS MOST FAMOUS FILM SCORES OVER THE YEARS. THE CSO CONTINUED TO REACH OUT INTO THE COMMUNITY WITH PERFORMANCES OF HANDEL'S MESSIAH AT CHURCHES IN CHARLESTON, SUMMERVILLE, AND MOUNT PLEASANT. THE CSO WAS A GOOD STEWARD OF ITS RESOURCE, FINISHING ITS 8TH CONSECUTIVE SEASON WITH A MODEST OPERATING SURPLUS AND INVESTING MORE THAN 84% OF EXPENSES INTO PROGRAM RELATED ACTIVITIES. THE CSO HAS ESTABLISHED AND IS PROUD TO NURTURE A COLLABORATIVE WORKING ENVIRONMENT AMONGST THE BOARD, STAFF, MUSICIANS, AFFILIATE ORGANIZATIONS, AND THE CHARLESTON COMMUNITY. 317813 20346 THE ORCHESTRA OFFERS FOUR CORE EDUCATIONAL PROGRAMS THAT FOCUS ON INSPIRING, CHALLENGING, AND EDUCATING STUDENTS THROUGH MUSICAL EXPERIENCES; CHARLESTON SYMPHONY YOUTH ORCHESTRA (CSYO), YOUNG PEOPLE'S CONCERTS (YPC), MUSICIANS IN SCHOOLS PROGRAM, AND A PILOT RESIDENCY PROGRAM AT THE ALLEGRO CHARTER SCHOOL OF MUSIC. THIS YEAR, THE CHARLESTON SYMPHONY ACQUIRED THE CSYO TO BECOME ONE OF OUR MAIN EDUCATIONAL PROGRAMS. THIS ABSORPTION HAS ALLOWED THE YOUTH ORCHESTRA ACCESS TO THE CHARLESTON SYMPHONY'S EDUCATIONAL RESOURCES. OVER SEVENTY STUDENT MUSICIANS RANGING IN AGES 13-18 FROM 23 SCHOOLS PARTICIPATED IN CSYO THIS YEAR. CSYO MUSICIANS RECEIVED THE HIGHEST QUALITY PERFORMING ARTS EDUCATION AND OPPORTUNITIES TO WORK CLOSELY WITH THE MUSICIANS OF THE CHARLESTON SYMPHONY.THE CHARLESTON SYMPHONY ALSO OFFERED TWO DISTINCT YOUNG PEOPLE'S CONCERTS CURATED FOR STUDENTS IN GRADES K-5 AND A MORE MATURE PROGRAM FOR STUDENTS IN GRADES 6-12. IN JANUARY, 1,500 STUDENTS IN GRADES 6-12 ATTENDED AN ALL-BEETHOVEN PROGRAM, WHICH SHOWCASED HOW BEETHOVEN'S HEARING LOSS INFLUENCED HIS COMPOSITIONS, AND WHAT HE MIGHT HAVE HEARD AT EACH STAGE OF HEARING LOSS. IN MARCH, 2,750 STUDENTS IN GRADES K-5 ATTENDED THE ORCHESTRA ROCKS, AN INTERACTIVE AND ENGAGING CONCERT IN WHICH STUDENTS PARTICIPATED BY SINGING, DANCING, AND PLAYING THE RECORDER ALONG WITH THE CSO. THIS CONCERT WAS PRESENTED IN PARTNERSHIP WITH CARNEGIE HALL'S "LINK UP" PROGRAM. THE CHARLESTON SYMPHONY AND THE ALLEGRO CHARTER SCHOOL OF MUSIC COLLABORATED IN OUR FIRST RESIDENCY PROGRAM. CHARLESTON SYMPHONY PERCUSSIONISTS REGULARLY VISITED TO COACH THE ALLEGRO PERCUSSION ENSEMBLE. THE ALLEGRO STUDENTS WERE FEATURED IN THE MARCH YOUNG PEOPLE'S CONCERT, THE ORCHESTRA ROCKS, AND HAD AN OPPORTUNITY TO PERFORM FOR THOUSANDS OF YOUNG STUDENTS. AS PART OF OUR MUSICIANS IN SCHOOLS PROGRAM, CSO MUSICIANS PERFORMED AT 76 PUBLIC AND PRIVATE SCHOOLS AT NO COST TO PARTICIPATING SCHOOLS, 50% OF THE SCHOOLS VISITED ARE TITLE I. THESE ENGAGING PROGRAMS ARE MORE THAN JUST CONCERTS; STUDENTS LEARN ABOUT THE INSTRUMENTS AND HAVE TIME TO ASK QUESTIONS. THIS PROGRAM ALSO ELIMINATES THE BARRIER OF TRANSPORTATION AND COST, AND THROUGH THIS INITIATIVE, WE REACHED OVER 21,000 STUDENTS THROUGHOUT THE LOWCOUNTRY THIS YEAR. WHEN THE ORCHESTRA IS NOT ON STAGE, YOU CAN FIND OUR MUSICIANS ENGAGING AND PERFORMING THROUGHOUT OUR COMMUNITY INCLUDING STORYTIME CONCERTS AT THE PUBLIC LIBRARY, SALTWATER SOUNDS AT THE SC AQUARIUM, AND MUCH MORE. THE CHARLESTON SYMPHONY IS COMMITTED TO THE EDUCATION COMPONENT OF OUR MISSION AND THIS YEAR, WE INVESTED $317,00 TOWARDS OUR INITIATIVES 3006157 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 19 0 1 232 1 1 1 0 0 0 0 0 0 0 X 25 25 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 SC X MICHAEL SMITH 8437237528 2133 N HILLSIDE DRIVE CHARLESTON SC 29407 ROY OWEN DIRECTOR 1.00 X 0 0 0 DAVID ALLEN DIRECTOR 1.00 X 0 0 0 BYRON STAHL DIRECTOR 1.00 X 0 0 0 CLYDE HIERS DIRECTOR 1.00 X 0 0 0 CYNTHIA HARTLEY DIRECTOR 1.00 X 0 0 0 JUDY CHITWOOD DIRECTOR 1.00 X 0 0 0 FREDERICK KAHN DIRECTOR 1.00 X 0 0 0 ANN HURD FRALIX DIRECTOR 1.00 X 0 0 0 ROBERT SIEDELL PRESIDENT 2.00 X X 0 0 0 EDWARD HART DIRECTOR 1.00 X 0 0 0 MICHAEL MOODY DIRECTOR 1.00 X 0 0 0 ROGER STEEL DIRECTOR 1.00 X 0 0 0 JERRY THEOS DIRECTOR 1.00 X 0 0 0 LEE HIGDON DIRECTOR 1.00 X 0 0 0 EDDIE IRIONS DIRECTOR 1.00 X 0 0 0 CAROL FISHMAN DIRECTOR 1.00 X 0 0 0 PAUL HILSTAD DIRECTOR 1.00 X 0 0 0 LENNA MACDONALD TREASURER 2.00 X X 0 0 0 KATHLEEN REID DIRECTOR 1.00 X 0 0 0 MICHAEL SMITH EXECUTIVE DIRECTOR 60.00 X 99254 0 0 99254 0 0 0 0 0 0 0 190000 175000 1528025 10343 1893025 CONCERT REVENUE 711130 1749506 1749506 1749506 -8536 -8536 OTHER INCOME 900099 180 180 180 3634175 1741150 0 0 99254 84366 5955 8933 1983151 1685678 118989 178484 25109 21353 1507 2249 368662 313363 22120 33179 159804 135833 9588 14383 118237 89397 28840 164028 164028 4670 4670 144840 122548 11146 11146 4173 4173 21880 21880 22573 22573 CONCERT HALL RENTAL 110563 110563 INDIRECT PRODUCTION 74489 74489 MISCELLANEOUS 64777 60930 3847 DONOR STEWARDSHIP AND D 60718 60718 143609 143609 3570537 3006157 255288 309092 983917 1142800 464945 533048 368243 269062 33705 86563 549106 127621 29881 421485 332269 0 2212960 2452958 87256 67359 754928 867274 11998 83078 334846 323954 1189028 1341665 X 602403 631856 421529 479437 1023932 1111293 2212960 2452958 63638 23723 0 X 0 1 X 1 0 X 1912838 1993041 1658944 1921897 1893025 9379745 891786 970544 1695984 1507827 1749506 6815647 2804624 2963585 3354928 3429724 3642531 16195392 118342 124810 162202 183181 646828 1235363 0 118342 124810 162202 183181 646828 1235363 14960029 55899 60830 17900 19408 -8536 145501 55899 60830 17900 19408 -8536 145501 13918 46905 98228 54793 180 214024 2874441 3071320 3471056 3503925 3634175 16554917 0.90370 0.93060 0.00880 0.01040 X 464945 95068 17682 41508 3139 533048 400992 25000 57265 13924 4388 464945 411336 25000 -16006 14789 4549 400992 377682 25200 11475 3021 411336 324952 56285 3555 377682 1 0 549106 127621 421485 421485 X 3657898 23723 23723 3634175 0 3634175 3570537 0 3570537 0 3570537 PART X, LINE 2: US GAAP REQUIRES MANAGEMENT TO EVALUATE INCOME TAX POSITIONS TAKEN BY THE ORGANIZATION AND TO RECOGNIZE AN INCOME TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUBSTANTIATED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS"). THE ORGANIZATION HAS IDENTIFIED ITS INCOME TAX STATUS AS A TAX-EXEMPT ENTITY AS ITS ONLY SIGNIFICANT INCOME TAX POSITION; HOWEVER, THE ORGANIZATION HAS DETERMINED THAT SUCH INCOME TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. PART XII, LINE 2D - OTHER ADJUSTMENTS: DEFERRED PENSION OBLIGATION FORM 990, PART VI, SECTION A, LINE 2 PAUL HILSTAD AND BECKY HILSTAD ARE BOARD MEMBERS AND THEY ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B THE FULL BOARD OF DIRECTORS, EXECUTIVE DIRECTOR AND SEPARATELY THE AUDIT AND FINANCE COMMITTEE OF THE CHARLESTON SYMPHONY ORCHESTRA ARE GIVEN AN ALLOTED TIME TO REVIEW THE FORM 990 BEFORE IT IS FILED. ANY CHANGES NOTED DURING THE REVIEW PERIOD ARE MADE PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR OFFICERS AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AND SIGN AN ASSURANCE TO THAT EFFECT. ANY CONFLICTS SO DISCLOSED ARE INVESTIGATED AND RESOLVED. DURING THE YEAR, IF ANY OTHER CONFLICTS ARE MADE AWARE TO THE BOARD AND MANAGEMENT, THEY WOULD PURSUE AND RESOLVE THOSE ISSUES WITH THE OFFICER OR BOARD MEMBER IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15 THE CHARLESTON SYMPHONY ORCHESTRA DOES NOT COMPENSATE ANY OFFICERS OR DIRECTORS, EXCEPT FOR THE EXECUTIVE DIRECTOR. EMPLOYEE COMPENSATION IS REVIEWED ANNUALLY IN CONJUNCTION WITH THE OPERATING BUDGET PROCESS, WHICH IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE CHARLESTON SYMPHONY ORCHESTRA PROVIDES ACCESS TO ITS FORM 1023 UPON REQUEST AND FORM 990 IS POSTED ON ITS WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 EACH YEAR OFFICERS AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AND SIGN AN ASSURANCE TO THAT EFFECT. ANY CONFLICTS SO DISCLOSED ARE INVESTIGATED AND RESOLVED. DURING THE YEAR, IF ANY OTHER CONFLICTS ARE MADE AWARE TO THE BOARD AND MANAGEMENT, THEY WOULD PURSUE AND RESOLVE THOSE ISSUES WITH THE OFFICER OR BOARD MEMBER IN QUESTION. CHARLESTON SYMPHONY ORCHESTRA LEAGUE INC PO BOX 22613 CHARLESTON SC 29413 542133879 FUNDRAISING FOR CSO SC 501(C)(3) LINE 9 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 CHARLESTON SYMPHONY ORCHESTRA LEAGUE INC C 190000 FAIR VALUE CHARLESTON YOUTH SYMPHONY ORCHESTRA S 39000 FAIR VALUE