2018-12-12T10:26:56-06:00 2018-06-30 271728945 PKF O'CONNOR DAVIES LLP 3001 SUMMER STREET 5TH FLOOR EAST STAMFORD CT 06905 990 2017-07-01 066100039 THE STAMFORD SYMPHONY ORCHESTRA INC STAM 2033251407 263 TRESSER BLVD STAMFORD CT 06901 RUSSELL JONES CEO & PRESIDENT 2033251407 2018-12-12 1 GARRETT M HIGGINS P00543209 2033232400 2018-12-10 65.51.112.58 2018-12-12 10:26:54 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9616F4B14A694591D1E716C270910E6FA5556DA3 2017 2019-02-21 02:37:17Z RUSSELL JONES 263 TRESSER BLVD STAMFORD CT 06901 1951242 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 26 122 75 0 0 842524 1060310 371983 330147 102626 77298 -5347 10894 1311786 1478649 4250 0 0 0 993873 1015085 0 1615 126131 441602 456939 1439725 1473639 -127939 5010 1601287 1410101 426149 235271 1175138 1174830 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 1115709 314781 CLASSICAL RECITAL AND MUSICAL PERFORMANCES THROUGHOUT THE YEAR. INCREASED ACCESSIBILITY TO LIVE CLASSICAL MUSIC TO A BROADER RANGE OF THE COMMUNITY, INCLUDING CHILDREN. 17128 15366 EDUCATION OUTREACH PROGRAMS FOR ALL AGES OF SCHOOL CHILDREN IN STAMFORD AND OTHER FAIRFIELD COUNTY SCHOOLS. 1132837 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 21 0 122 1 0 0 0 0 0 1 1 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 MICHAEL PULEO 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 STEPHEN ALPERT BOARD MEMBER 1.00 X 0 0 0 PETER ANKER BOARD MEMBER 1.00 X 0 0 0 RICHARD BLOMBERG BOARD MEMBER 1.00 X 0 0 0 DR AARON FLAGG BOARD MEMBER 1.00 X 0 0 0 JEFF FORD BOARD MEMBER THRU SEPTEMBER 2017 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 KATHERINE MICHELE BOARD MEMBER 1.00 X 0 0 0 ARNOLD RUTKIN BOARD MEMBER 1.00 X 0 0 0 JOSEPH STEUERT BOARD MEMBER 1.00 X 0 0 0 HELENA YOON BOARD MEMBER 1.00 X 0 0 0 ERIC KUNG BOARD MEMBER 1.00 X 0 0 0 ANA KREACIC BOARD MEMBER 1.00 X 0 0 0 EMMANUEL SAOUNATSOS BOARD MEMBER 1.00 X 0 0 0 NICHOLAS SMITH BOARD MEMBER 1.00 X 0 0 0 DANIEL KOHN BOARD MEMBER 1.00 X 0 0 0 STEVEN C PARRISH BOARD MEMBER 1.00 X 0 0 0 PHILIP FARESE BOARD MEMBER 1.00 X 0 0 0 DALE TODARO BOARD MEMBER 1.00 X 0 0 0 RUSSELL JONES CEO & PRESIDENT 40.00 X 37500 0 750 BARBARA SOROCA CEO & PRESIDENT THRU JANUARY 2018 40.00 X 171169 0 66965 208669 0 67715 1 0 1 0 0 66460 63676 930174 1060310 SUBSCRIPTIONS & BOX OF 711130 308506 308506 PROGRAM BOOK 711130 15366 15366 CONTRACT PERFORMANCE F 711130 3393 3393 MUSIC STAND AND RELATE 711130 2882 2882 330147 47143 47143 460519 430364 30155 30155 30155 49750 66460 42229 7521 7521 OTHER INCOME 900099 3373 3373 3373 1478649 330147 0 88192 X 274580 216269 28107 30204 559753 440882 57298 61573 51798 40798 5302 5698 42764 33683 4377 4704 86190 54772 23769 7649 4556 4556 14827 14827 1615 1615 161424 133035 28048 341 38214 38214 95819 81125 11885 2809 7555 5289 2266 3067 3067 55803 41514 10002 4287 32269 32085 129 55 3057 3057 4268 2902 1366 9672 9672 MISC OPERATING EXPENSES 12882 7069 3408 2405 CEO CANDIDATE SEARCH 8789 4823 2325 1641 GIFTS 2546 1397 674 475 EMPLOYEE REIMBURSEMENTS 2191 1202 580 409 1473639 1132837 214671 126131 8619 1715 101869 122884 8125 35222 11383 28828 104610 90570 13840 14040 1457451 1207412 1601287 1410101 33353 26777 203776 208494 189020 0 426149 235271 X 848537 728963 326601 318642 127225 1175138 1174830 1601287 1410101 5010 -5318 0 X X 0 1 X 1 0 X 790730 771820 888114 842524 1060310 4353498 790730 771820 888114 842524 1060310 4353498 716476 3637022 65331 72867 52494 94478 47143 332313 9301 33880 3364 7521 54066 1629 1220 326 769 3373 7317 4747194 1978336 0.76610 0.72480 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2013 AMOUNT: $ 1,629. 2014 AMOUNT: $ 1,220. 2015 AMOUNT: $ 326. 2016 AMOUNT: $ 769. 2017 AMOUNT: $ 3,373. 303841 138125 10458 20000 432424 300429 23412 20000 303841 300429 300429 300429 300429 300429 300429 0.02100 0.29420 0.68480 0 0 6500 6500 0 98110 84070 14040 14040 X 1542945 -5318 69614 64296 1478649 0 1478649 1543253 69614 69614 1473639 0 1473639 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 2015. GALA 116210 66460 49750 15097 25052 2080 116210 66460 49750 15097 25052 2080 42229 7521 X X 0 1 0 0 0 0 0 0 0 BARBARA SOROCA CEO & PRESIDENT THRU JANUARY 2018 171169 0 0 0 0 0 62873 0 4092 0 238134 0 0 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 EARNED $62,873 OF DEFERRED COMPENSATION IN CALENDAR YEAR 2017 AND THE AMOUNT IS REPORTED IN FORM 990, SCHEDULE J, PART II, LINE 1 (C), RETIREMENT AND OTHER DEFERRED 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 GUEST ARTISTS: PROGRAM SERVICE EXPENSES 31,275. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,275. INDEPENDENT CONTRACTORS: PROGRAM SERVICE EXPENSES 62,392. MANAGEMENT AND GENERAL EXPENSES 28,048. FUNDRAISING EXPENSES 341. TOTAL EXPENSES 90,781. OTHER PRODUCTION PERSONNEL: PROGRAM SERVICE EXPENSES 39,368. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,368. 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.