2019-03-04T07:18:15-06:00 2018-06-30 420714325 RSM US LLP 230 N ELM ST STE 1100 GREENSBORO NC 27401 990 2017-07-01 560556755 NORTH CAROLINA SYMPHONY SOCIETY INC NORT 9197332750 3700 GLENWOOD AVE NO 130 RALEIGH NC 27612 SANDI MA MACDONALD PRESIDENT & CEO 9197332750 2019-03-04 1 YONG ZHANG P01249785 3362724551 108.171.131.177 2019-03-04 07:18:01 CS P 75C36B17B212965765F9B2A53872F996115D7FF8 75C36B17B212965765F9B2A53872F996115D7FF8 2017 2019-02-21 02:37:17Z DON K DAVIS 3700 GLENWOOD AVE NO 130 RALEIGH NC 27612 14990820 0 X NCSYMPHONY.ORG X 1932 NC PROMOTE AND FOSTER THE MUSICAL CULTURE AND EDUCATION OF THE COMMUNITIES OF NC. 57 57 254 168 0 0 9940491 9980403 4468977 4676735 110669 161718 47863 34983 14568000 14853839 0 0 0 0 9623115 10072533 0 0 1379431 4422988 4893455 14046103 14965988 521897 -112149 7234214 7219058 2264799 2221921 4969415 4997137 X TO BE NORTH CAROLINA'S STATE ORCHESTRA, AN ORCHESTRA ACHIEVING THE HIGHEST LEVEL OF ARTISTIC QUALITY AND PERFORMANCE STANDARDS, AND EMBRACING ITS DUAL LEGACIES OF STATEWIDE SERVICE AND MUSIC EDUCATION. 0 0 11610259 4676735 FOUNDED IN 1932, THE NORTH CAROLINA SYMPHONY WAS THE FIRST STATE-SUPPORTED ORCHESTRA IN THE COUNTRY, AND ITS DUAL MISSION OF STATEWIDE SERVICE AND MUSIC EDUCATION CONTINUES TODAY. LED BY INTERNATIONALLY KNOWN MUSIC DIRECTOR GRANT LLEWELLYN, THE NORTH CAROLINA SYMPHONY IS THE LARGEST PERFORMING ARTS ORGANIZATION IN NORTH CAROLINA, AND HAS THE MOST EXTENSIVE MUSIC EDUCATION PROGRAM OF ANY MAJOR U.S. ORCHESTRA. THE SYMPHONY PERFORMS APPROXIMATELY 175 FULL ORCHESTRA CONCERTS ACROSS THE STATE ANNUALLY, TRAVELING MORE THAN 18,000 MILES - MORE THAN ANY STATE SYMPHONY IN THE COUNTRY. VISITING APPROXIMATELY 40 COUNTIES EACH YEAR, THE SYMPHONY PERFORMS FOR 250,000 PEOPLE EACH YEAR, INCLUDING MORE THAN 50,000 SCHOOL CHILDREN. INNOVATIVE PROGRAMS HIGHLIGHT THE SYMPHONY'S ROLE AS A LEADER IN THE CULTURAL LIFE OF THE STATE WHILE EXPLORING ARTISTIC, CULTURAL, AND HISTORICAL IMPACTS AROUND THE MUSIC THE SYMPHONY PRESENTS. 11610259 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 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 1 1 1 0 0 1 159 0 1 254 1 0 0 0 0 0 1 1 0 0 0 0 X 57 57 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NC X ROBERT SCHILLER 9197332750 3700 GLENWOOD AVE STE 130 RALEIGH NC 27612 DON DAVIS CHAIR 5.00 1.00 X X 0 0 0 DR MARY SUSAN FULGHUM VICE CHAIR 5.00 X X 0 0 0 JOSEPH C BASTIAN TREASURER 5.00 X X 0 0 0 DR TED R KUNSTLING ASSISTANT TREASURER 5.00 X X 0 0 0 DR SALLY C JOHNSON SECRETARY 5.00 X X 0 0 0 DEBORAH M AIKEN TRUSTEE 1.00 X 0 0 0 DR TIMOTHY ALTMAN TRUSTEE 1.00 X 0 0 0 DR TRUDE R BATE TRUSTEE 1.00 X 0 0 0 JANIE BIRD TRUSTEE 1.00 X 0 0 0 JUD BOWMAN TRUSTEE 1.00 X 0 0 0 PATTY BRIGUGLIO TRUSTEE 3.00 X 0 0 0 MARTIN H BRINKLEY TRUSTEE 1.00 X 0 0 0 STEPHEN W BURRISS TRUSTEE 1.00 X 0 0 0 PHILIP P CAVE TRUSTEE 3.00 X 0 0 0 TIM CLANCY TRUSTEE 1.00 X 0 0 0 THE HONORABLE ROY COOPER TRUSTEE 0.00 X 0 0 0 DAVID CRABTREE TRUSTEE 1.00 X 0 0 0 RICHARD L DAUGHERTY TRUSTEE 1.00 1.00 X 0 0 0 ROBERT C DOHERTY TRUSTEE 1.00 X 0 0 0 KEITH DONAHUE TRUSTEE 1.00 X 0 0 0 DR MARIJANET DOONAN TRUSTEE 1.00 X 0 0 0 RUTH DZAU TRUSTEE 1.00 X 0 0 0 MARGARET POYNER GALBRAITH TRUSTEE 1.00 X 0 0 0 RICK GARDNER TRUSTEE 1.00 X 0 0 0 ROBERT GRAHAM TRUSTEE 3.00 X 0 0 0 DONALD A HAILE TRUSTEE 1.00 X 0 0 0 DAVID L HAINES TRUSTEE 1.00 X 0 0 0 SECRETARY SUSI HAMILTON TRUSTEE 1.00 X 0 0 0 ELAINE BRYANT HAYES TRUSTEE 1.00 X 0 0 0 DR WM CHARLES HELTON TRUSTEE 1.00 1.00 X 0 0 0 RICHARD EDWARD HINSON TRUSTEE 1.00 X 0 0 0 DOUGLAS C HORNBERGER TRUSTEE 1.00 X 0 0 0 KEVIN HOWELL TRUSTEE 1.00 X 0 0 0 MICHAEL PATRICK HUGHES TRUSTEE 1.00 X 0 0 0 THE HONORABLE MARK JOHNSON TRUSTEE 1.00 X 0 0 0 L DWAIN JOYCE TRUSTEE 1.00 X 0 0 0 CECELIA ECKERT KENNEDY TRUSTEE 1.00 X 0 0 0 DR ROBERT LACIN TRUSTEE 1.00 X 0 0 0 BRANFORD MARSALIS TRUSTEE 1.00 X 0 0 0 JAMES MORGAN TRUSTEE 1.00 X 0 0 0 GRAHAM H MOSELY TRUSTEE 1.00 X 0 0 0 SHARAT NAGARAJ TRUSTEE 1.00 X 0 0 0 THOMAS L NORRIS JR TRUSTEE 1.00 X 0 0 0 FLORENCE PEACOCK TRUSTEE 1.00 X 0 0 0 DR EMILY MANN PECK TRUSTEE 1.00 X 0 0 0 ASHLEY MATLOCK PERKINSON TRUSTEE 3.00 X 0 0 0 DR RAMACHANDRA P REDDY TRUSTEE 1.00 X 0 0 0 THOMAS H ROBERG TRUSTEE 1.00 X 0 0 0 RICHARD H ROBINSON JR TRUSTEE 1.00 X 0 0 0 JEFFREY B SHEEHAN TRUSTEE 1.00 X 0 0 0 JASON SMITH TRUSTEE 1.00 X 0 0 0 TRACEY FODOR SMITH TRUSTEE 1.00 X 0 0 0 DAVID SONTAG TRUSTEE 1.00 X 0 0 0 LINDA J STAUNCH TRUSTEE 1.00 X 0 0 0 TERRY L STEVENS TRUSTEE 1.00 X 0 0 0 JENNIE HARRIS WALLACE TRUSTEE 1.00 X 0 0 0 TIM YULL TRUSTEE 1.00 X 0 0 0 SANDI MA MACDONALD PRESIDENT & CEO 55.00 5.00 X 333225 0 22293 ROBERT SCHILLER SENIOR VP & CFO 55.00 5.00 X 152814 0 840 GRANT LLEWELLYN MUSIC DIRECTOR 25.00 X 252900 0 0 MARTIN SHER VP & GENERAL MANAGER 50.00 X 127768 0 24029 ELIZABETH RANSOM VP OF PHILANTHROPY 50.00 X 126590 0 9980 BRIAN REAGIN MUSICIAN 40.00 X 113209 0 17065 1106506 0 74207 6 0 1 0 CHAPLIN ENTERTAINMENT 1650 BROADWAY STE 303 NEW YORK NY 10019 GUEST ARTISTS 127750 COLUMBIA ARTIST LLC 1790 BROADWAY NEW YORK NY 10019 GUEST ARTISTS 106000 2 146766 797759 5290712 3745166 247392 9980403 CONCERT REVENUE 711190 4566796 4566796 EDUCATION 711190 58527 58527 PROGRAM PROCESSING FEES 711190 51412 51412 4676735 161718 161718 164625 146766 136981 27644 27644 MISCELLANEOUS 900099 7339 7339 7339 14853839 4676735 0 196701 930698 274545 341769 314384 6827397 6067422 530185 229790 414019 342112 67597 4310 1321603 1171208 78322 72073 578816 463636 77486 37694 112085 112085 5556 5556 32347 17976 14371 56297 56297 47591 36406 11185 696038 152720 543318 777220 777220 236970 117182 93423 26365 4363 4363 295350 105667 189683 166274 156599 9675 57735 25228 32507 465345 132702 332643 GUEST ARTISTS 991944 991944 CONCERT PRODUCTION 460298 460298 BOX OFFICE 200898 200898 OTHER FUNDRAISING COSTS 116266 116266 170878 170878 14965988 11610259 1976298 1379431 357397 679038 1031246 971268 1340969 1041277 17207 20611 372228 278113 897854 829114 89332 68740 4013677 3980155 12158 179856 7234214 7219058 325089 296530 1766293 1674711 18761 7942 154656 242738 2264799 2221921 X 388608 50543 4580807 4946594 4969415 4997137 7234214 7219058 -112149 139871 0 X X 0 1 X 1 0 X 8091496 10620378 12964471 9940491 9980403 51597239 418856 400775 571982 605469 499674 2496756 8510352 11021153 13536453 10545960 10480077 54093995 5570969 48523026 88 23880 110962 110669 161718 407317 231123 89991 209875 89538 171964 792491 55293803 22629839 0.87750 0.87090 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2013 AMOUNT: $ 231,123. 2014 AMOUNT: $ 89,991. 2016 AMOUNT: $ 20,543. 2017 AMOUNT: $ 7,339. FUNDRAISING REV - 2015 AMOUNT: $ 209,875. 2016 AMOUNT: $ 68,995. 2017 AMOUNT: $ 164,625. 1 1 0 0 0 0 1 56297 0 0 56297 0 PART II-B, LINE 1: THE NORTH CAROLINA SYMPHONY IS A MEMBER OF ARTS NORTH CAROLINA WHICH IS A 501(C)(3) TAX EXEMPT ORGANIZATION. OUR DUES WERE $1,800 FOR FY2018 AND A PORTION OF THIS WILL GO TOWARD LOBBYING. OUR STAFF IS INVOLVED IN THE LEGISLATIVE BUDGET PROCESS EACH YEAR DUE TO STATE FUNDING AND IN-KIND FUNDS RECEIVED FROM THE STATE OF NORTH CAROLINA DEPARTMENT OF NATURAL AND CULTURAL RESOURCES. OUR PRESIDENT SERVES AS A DIVISION DIRECTOR WITHIN THE DEPARTMENT OF NATURAL AND CULTURAL RESOURCES. OUR BOARD OF DIRECTORS IS INVOLVED IN INDIVIDUAL EFFORTS TO MAINTAIN OUR STATE SUPPORT. DURING THE 2018 FISCAL YEAR, THE SYMPHONY ALSO ACTIVELY SOUGHT CITY, COUNTY AND FEDERAL GRANTS TO SUPPORT OUR PROGRAMS. WE ALSO RECEIVE IN-KIND SUPPORT FROM THE CITY OF RALEIGH FOR THE USE OF FACILITIES. IN TERMS OF NATIONAL ISSUES, WE ARE A MEMBER OF THE LEAGUE OF AMERICAN ORCHESTRA TO WHICH WE PAID ANNUAL DUES OF $16,262. AMONG THEIR ACTIVITIES IS GOVERNMENTAL AFFAIRS AND LOBBYING FOR ISSUES RELATED TO THE ARTS. THE LEAGUE OF AMERICAN ORCHESTRA SPENDS 2% ON LOBBYING EFFORTS. 3920259 10634 291753 189545 4033101 3654295 435288 169324 3920259 1872507 1900000 47418 165630 3654295 1953857 35566 116916 1872507 0.57340 0.42660 0 1 1 87726 87726 0 671369 603524 67845 138759 137864 895 68740 INTERCOMPANY PAYABLE 163656 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 79082 242738 X 15649279 139871 518588 136981 795440 14853839 0 14853839 15621557 518588 136981 655569 14965988 0 14965988 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS IS TO PROVIDE SUPPORT TO THE SOCIETY. THE ENDOWMENT FUNDS OF BOTH THE NORTH CAROLINA SYMPHONY SOCIETY INC. AND THE NORTH CAROLINA SYMPHONY FOUNDATION ARE MANAGED BY AN INVESTMENT COMMITTEE, COMPRISED OF MEMBERS OF BOTH ORGANIZATIONS' BOARDS. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE: MANAGEMENT HAS EVALUATED THE SYMPHONY'S TAX POSITIONS AND CONCLUDED THAT THE SYMPHONY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FASB. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 136,981. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 136,981. GALA 214610 96110 118500 74726 33231 FRIENDS OF NOTE 96781 50656 46125 29024 311391 146766 164625 74726 62255 136981 27644 SCHEDULE G, PART II: THE GALA FUNDRAISING EVENT NETTED $106,652, INCLUDING BOTH GROSS TICKET SALES AND CONTRIBUTIONS RECEIVED. THE FRIENDS OF NOTE FUNDRAISING EVENT NETTED $67,757, INCLUDING BOTH GROSS TICKET SALES AND CONTRIBUTIONS RECEIVED. X X X X X 0 0 0 0 0 0 0 1 0 SANDI MA MACDONALD PRESIDENT & CEO 275000 0 24000 0 34225 0 0 0 22293 0 355518 0 0 0 ROBERT SCHILLER SENIOR VP & CFO 152796 0 0 0 18 0 0 0 840 0 153654 0 0 0 GRANT LLEWELLYN MUSIC DIRECTOR 252900 0 0 0 0 0 0 0 0 0 252900 0 0 0 MARTIN SHER VP & GENERAL MANAGER 127756 0 0 0 12 0 0 0 24029 0 151797 0 0 0 PART I, LINE 7 THE CEO'S PAYMENT INCLUDED IN PART II COLUMN B, OTHER REPORTABLE COMPENSATION, WAS DUE TO PRIOR YEARS' VOLUNTARY REDUCTIONS IN SALARY. X 26 247392 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNOR OF THE STATE OF NC APPOINTS FOUR TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS THE ENTIRE FORM 990. SCHEDULE B IS REDACTED FOR REVIEW BY THE FULL BOARD SINCE SOME DONORS REQUEST TO REMAIN ANONYMOUS. FORM 990, PART VI, SECTION B, LINE 12C THE NORTH CAROLINA SYMPHONY HAS A CONFLICT OF INTEREST POLICY WHICH ALL TRUSTEES AND EMPLOYEES ARE REQUIRED TO COMPLETE. FORM 990, PART VI, SECTION B, LINE 15 INDUSTRY SALARY SURVEYS ARE USED TO DETERMINE SALARIES, AND COMPENSATION WAS ESTABLISHED BY AN INDEPENDENT CONSULTANT. CEO AND MUSIC DIRECTOR SALARIES ARE REVIEWED AND APPROVED BY A COMMITTEE OF THE BOARD. THE COMPENSATION ARRANGEMENT IS DOCUMENTED WHEN DECIDED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VII, SECTION A: GRANT LLEWELLYN'S COMMITMENT TO NORTH CAROLINA SYMPHONY IS HIS FOREMOST PROFESSIONAL RESPONSIBILITY. FOR THE 2017-18 SEASON, MR. LLEWELLYN CONDUCTED 11 WEEKS. THROUGHOUT THE YEAR, HE WAS AVAILABLE BOTH IN PERSON AND REMOTELY FOR ADDITIONAL ARTISTIC PLANNING, EDUCATION PROGRAMS, ADMINISTRATIVE WORK, AUDITIONS, AND PROMOTIONAL AND PUBLIC RELATIONS ACTIVITIES. MR. LLEWELLYN SPENT A CONSIDERABLE AMOUNT OF TIME ASSISTING WITH THE CULTIVATION AND SOLICITATION OF KEY DONORS AND VOLUNTEERS THROUGH HIS PRESENCE AT MEETINGS, RECEPTIONS AND FUNDRAISING EVENTS. YEAR-ROUND, MR. LLEWELLYN PROVIDES ARTISTIC VISION AND GUIDANCE FOR THE NORTH CAROLINA SYMPHONY, IMPLEMENTS THE ARTISTIC POLICIES FOR THE ORGANIZATION, AND MAINTAINS AND DEVELOPS THE ARTISTIC QUALITY IN ORDER TO UPHOLD THE HIGHEST POSSIBLE STANDARD OF MUSICAL PERFORMANCE IN ALL PROGRAMS. NORTH CAROLINA SYMPHONY FOUNDATION 3700 GLENWOOD AVENUE STE 130 RALEIGH NC 27612 581495066 HOLD SOCIETY'S ENDOWMENT, SOLICIT ADDITIONS,& PROTECT ASSETS NC 501(C)(3) LINE 12A, I NC SYMPHONY SOCIETY 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 NC SYMPHONY FOUNDATION INC C 797759 CASH NC SYMPHONY FOUNDATION INC D 163656 CASH