2018-07-03T08:41:55-05:00 2017-08-31 351178661 Blue & Co LLC 12800 N Meridian Street Suite 400 Carmel IN 46032 990 2016-09-01 350998627 Indiana Symphony Society Inc INDI 3172621100 32 East Washington Street No 600 Indianapolis IN 462042919 Steve Hamilton VP of finance and CFO 3172621882 2018-06-28 1 Angela N Crawford CPA P00573197 3178488920 2018-06-28 2016 2022-09-23 18:48:47Z Steve Hamilton 32 East Washington Street No 600 Indianapolis IN 462042919 26960084 0 X www.IndianapolisSymphony.org X 1937 IN To inspire, entertain, educate and challenge through innovative programs and symphonic music performed aT the highest artistic level. 47 46 492 1519 178359 0 26338412 14952874 9309491 11322308 807 685 -237347 -159667 35411363 26116200 0 0 0 0 16808909 11612424 131670 131910 1368777 11286274 11545904 28226853 23290238 7184510 2825962 8541347 8845422 17241624 14719737 -8700277 -5874315 X TO INSPIRE, ENTERTAIN, EDUCATE AND CHALLENGE THROUGH INNOVATIVE PROGRAMS AND SYMPHONIC MUSIC PERFORMED AT THE HIGHEST ARTISTIC LEVEL. 0 0 19373332 11380760 The Indianapolis Symphony Orchestra is the largest performing arts organization in the state of Indiana, performing a year-round schedule of over 150 concerts and education programs. EACH SEASON, THE INDIANAPOLIS SYMPHONY ORCHESTRA PRESENTS A WIDE REPERTOIRE OF ORCHESTRAL MUSIC, INCLUDING COMMISSIONS OF NEW MUSIC, BOTH CLASSICAL AND POPS. CONCERTS INCLUDE PROGRAMS OF CLASSICAL MUSIC, SYMPHONIC POPS PERFORMANCES, FAMILY ORIENTED PROGRAMS, HOLIDAY PROGRAMS, HAPPY HOUR AT THE SYMPHONY, THE OUTDOOR SUMMER SERIES AND MANY MORE. THE INDIANAPOLIS SYMPHONY ORCHESTRA'S ANNUAL ATTENDANCE IS IN EXCESS OF 250,000 PATRONS.THE INDIANAPOLIS SYMPHONY ORCHESTRA IS DEDICATED TO LEADING THE FIELD IN MUSIC EDUCATION. SYMPHONY MUSICIANS AND STAFF CREATE PIONEERING LEARNING OPPORTUNITIES FOR approximately 90,000 PARTICIPANTS THROUGHOUT THE STATE THROUGH A VARIETY OF PROJECTS WHICH IMPACT STUDENTS AND ADULTS IN THE INDIANAPOLIS SYMPHONY ORCHESTRA'S LEARNING COMMUNITY. THE METROPOLITAN YOUTH ORCHESTRA WHICH IS A YOUTH AND FAMILY DEVELOPMENT PROGRAM OF THE LEARNING COMMUNITY USES THE LIFE SKILLS LEARNED IN MUSIC INSTRUCTION TO ENGAGE YOUTH IN ACTIVITIES THAT DISCOURAGE AT-RISK BEHAVIORS AND KEEP THEM COMMITTED TO STAYING IN SCHOOL.THE HISTORIC HILBERT CIRCLE THEATRE ON MONUMENT CIRCLE IN DOWNTOWN INDIANAPOLIS IS HOME TO THE INDIANAPOLIS SYMPHONY ORCHESTRA AND IS OWNED BY THE ORGANIZATION'S FOUNDATION. OUTSIDE THE THEATRE, THE INDIANAPOLIS SYMPHONY CAN BE HEARD LIVE IN SEVERAL INDIANA COMMUNITIES AND AROUND THE WORLD THROUGH WWW.INSTANTENCORE.COM, A SITE THAT OFFERS CONCERT RECORDINGS FOR DOWNLOAD ON COMPUTERS AND MP3 DEVICES.AS A LEADING MEMBER OF THE ARTS COMMUNITY IN INDIANAPOLIS, THE INDIANAPOLIS SYMPHONY ORCHESTRA COLLABORATES ON A REGULAR BASIS WITH OTHER ARTS COMPANIES INCLUDING DANCE KALEIDOSCOPE, THE INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS, AND THE AMERICAN PIANISTS ASSOCIATION. 19373332 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 1 1 1 1 0 0 0 0 1 0 0 0 1 214 0 1 492 1 1 1 0 0 0 0 1 1 0 0 0 0 X 47 46 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X Steve Hamilton 3172621882 32 East Washington Street No 600 Indianapolis IN 462042919 X Adams Wendy Director 2.00 X 0 0 0 Azar II The Honorable Alex M Director 2.00 X 0 0 0 Balogh Deborah Ware Director 2.00 X 0 0 0 Barnette Charlene Secretary 2.00 X X 0 0 0 Becher Michael Vice-Chair, Treasurer 2.00 X X 0 0 0 Bentley Barry J Director 2.00 X 0 0 0 Bodurow PhD Christina Director 2.00 X 0 0 0 Bratt John A Director 2.00 X 0 0 0 Brenner Bryan Director 2.00 X 0 0 0 Caponi Vincent Director 2.00 X 0 0 0 Colom Kiamesha Director 2.00 X 0 0 0 Cowles Trent Director 2.00 X 0 0 0 Davis Andrea Director 2.00 X 0 0 0 Fenneman Craig Director 2.00 X 0 0 0 Howard PhD Peter Director 2.00 X 0 0 0 Hunt Ann Hampton Director 8.00 X 0 0 0 Kenney Phil Director 2.00 X 0 0 0 Kessler Joseph M Director 2.00 X 0 0 0 Kleiman David Director 2.00 X 0 0 0 Kyzr Liz Director 2.00 X 0 0 0 Lechleiter Sarah L Director 2.00 X 0 0 0 Loewen Greg Director 2.00 X 0 0 0 Mangia Karen Director 2.00 X 0 0 0 Martin Scott Director 2.00 X 0 0 0 Maurer Morrie Director 2.00 X 0 0 0 McCaw Bruce Director 2.00 X 0 0 0 Mersereau Karen H Director 2.00 X 0 0 0 Morgan David Director 2.00 X 0 0 0 Morse Jr Peter A Director 2.00 X 0 0 0 Moss Gerald L Director 2.00 X 0 0 0 Nichols Marc Director 2.00 X 0 0 0 Nytes Jackie Director 2.00 X 0 0 0 O'Neil Michael P Director 2.00 X 0 0 0 Russell Brandon Director 2.00 X 0 0 0 Schloss Alice K Director 2.00 X 0 0 0 Shaheen Yvonne Chair 15.00 X X 0 0 0 Slapak Christopher Director 2.00 X 0 0 0 Smith Jr J Albert Director 2.00 X 0 0 0 Solada Mary Director 2.00 X 0 0 0 Tobias Marianne Williams Director 2.00 X 0 0 0 Ward Pete Director 2.00 X 0 0 0 Wilcox David Director 2.00 X 0 0 0 Wilhelm Ralph V Director 2.00 X 0 0 0 Yates C Daniel Director 2.00 X 0 0 0 Zink James C director 2.00 X 0 0 0 Zinn Jennifer Director 2.00 X 0 0 0 Hamilton Steve Interim CEO 37.50 X X 139468 0 17031 Ginstling Gary CEO - RESIGNED 8/11/17 37.50 X 313651 0 31027 Everly Jack Pops Conductor 37.50 X 269073 0 21547 Urbanski Krzysztof Music Director & Conductor 37.50 X 449538 0 7173 DEPUE ZACHARY CONCERTMASTER 37.50 X 229187 0 16457 Quinn Quentin Stage Manager 37.50 X 165522 0 39723 SCHLABACH K BLAKE Orch Personnel Mgr & Music 37.50 X 161522 0 34938 Beckley Danny VP & General Manager 37.50 X 156537 0 25431 1884498 0 193327 16 0 1 0 Force Technology Solutions LLC 6097 W 400 N Suite C Greenfield IN 46140 Technology Project 447876 Opus 3 Artists LLC 470 Park Avenue South 9th Floor Nor New York NY 10016 Artist Agency 229724 TELEUNIQUE 600 N ALABAMA ST 1006 INDIANAPOLIS IN 46204 TELEMARKETING 185296 STAR MEDIA PO BOX 677553 DALLAS TX 75267 ADVERTISING & PROMOTION 165376 INDIANAPOLIS RADIO DEPT 78950 BOX 78000 DETROIT MI 48278 ADVERTISING & PROMOTION 165280 13 436626 5840568 246651 8429029 449719 14952874 Ticket Sales & Fees Income 900099 11322308 11322308 11322308 685 685 347270 552698 -205428 -205428 -205428 99026 436626 291136 -192110 -192110 1110 50 1060 1060 Program advertising 541800 178359 178359 Miscellaneous Income 900099 58452 58452 236811 26116200 11380760 178359 -395793 1313031 909663 403368 10187473 8919586 510184 757703 -2767358 -2808448 22461 18629 2019836 1778897 131704 109235 859442 726094 72892 60456 233130 233130 34500 34500 131910 131910 615223 435703 179520 1068927 1068927 1383470 968192 329780 85498 1799876 1717102 41387 41387 44742 21476 19321 3945 18925 5689 10148 3088 108491 108491 469830 374026 95804 256051 107586 148465 Guest Artists 2922576 2922576 General Production 1132652 1132652 Hospitality 288585 282964 5621 TRANSPORTATION 179901 179901 989025 630746 201353 156926 23290238 19373332 2548129 1368777 98326 95982 4671328 4883543 220139 525044 665287 550589 16292786 13540084 2849506 2752702 36761 37562 8541347 8845422 2181354 1657249 2885202 2570375 6110413 6612008 6064655 3880105 17241624 14719737 X -16184414 -12944444 7484137 7070129 -8700277 -5874315 8541347 8845422 2825962 0 X X 0 1 X 1 0 X 22060532 14559059 13830708 26338413 14952874 91741586 22060532 14559059 13830708 26338413 14952874 91741586 18509816 73231770 299755 289486 308150 337859 347955 1583205 155790 144479 144200 137208 178359 760036 94084827 452486 0.77840 0.80200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34461941 12500 1599437 427489 35646389 34546103 15000 326712 425874 34461941 34607148 117850 248538 427433 34546103 33084697 65000 1849165 391714 34607148 32727140 64500 995014 701957 33084697 0.91310 0.08690 0 1 1 10202979 8981671 1221308 5573795 4558413 1015382 516012 516012 2752702 OTHER LIABILITIES 144353 PENSION LIABILITY 2931752 INTERCOMPANY LOANS 804000 3880105 X 26810347 32749 -182486 -149737 26960084 -843884 -843884 26116200 23984385 32749 843884 876633 23107752 182486 182486 23290238 Part V, Line 4: TO SUPPORT THE INDIANA SYMPHONY SOCIETY, INC. Part X, Line 2: THE SOCIETY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE LAW. THE EXEMPTION IS ON ALL INCOME EXCEPT UNRELATED BUSINESS INCOME AS NOTED UNDER SECTION 511 OF THE INTERNAL REVENUE CODE. INTERNAL REVENUE CODE SECTION 513(A) DEFINES AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. THE SOCIETY'S NET ADVERTISING INCOME IS CONSIDERED UNRELATED BUSINESS INCOME. THE SOCIETY'S RELATED ADVERTISING EXPENSES OFFSET RELATED INCOME AND NO TAX WAS PAID DURING FISCAL 2017 AND 2016. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SOCIETY AND RECOGNIZE A TAX LIABILITY IF THE SOCIETY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SOCIETY, AND HAS CONCLUDED THAT AS OF AUGUST 31, 2017 AND 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SOCIETY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; however, there are no audits for any tax periods in progress. THE SOCIETY HAS FILED ITS FEDERAL AND STATE INCOME TAX RETURNS FOR PERIODS THROUGH AUGUST 31, 2016. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). Part XI, Line 2d - Other Adjustments: SYMPHONIC POPS CONSORTIUM EXPENSES NETTED AGAINST REVENUE -182,486. Part XI, Line 4b - Other Adjustments: TENANT EXPENSES -552,698. FUNDRAISING & GAMING EXPENSES -291,186. Part XII, Line 2d - Other Adjustments: TENANT EXPENSES 552,698. FUNDRAISING & GAMING EXPENSES 291,186. Part XII, Line 4b - Other Adjustments: SYMPHONIC POPS CONSORTIUM EXPENSES NETTED AGAINST REVENUE 182,486. X X X X X X X 1 Taylar Development LLC 219 N Milwaukee St 5th Floor Milwaukee WI 53202 Telemarketing 0 346319 131910 214409 346319 131910 214409 IN Gala 397450 298424 99026 70700 84251 68644 Maestro Open 96722 96722 13397 23385 1 41480 41480 13018 2050 15690 535652 436626 99026 97115 86301 107719 291135 -192109 X 1 1 X X 0 0 0 0 0 0 0 0 0 Hamilton Steve Interim CEO 134228 0 4000 0 1240 0 4255 0 12776 0 156499 0 0 0 Ginstling Gary CEO - RESIGNED 8/11/17 289581 0 23000 0 1070 0 7042 0 23985 0 344678 0 0 0 Everly Jack Pops Conductor 266532 0 0 0 2541 0 8370 0 13177 0 290620 0 0 0 Urbanski Krzysztof Music Director & Conductor 364538 0 85000 0 0 0 7173 0 0 0 456711 0 0 0 DEPUE ZACHARY CONCERTMASTER 229133 0 0 0 54 0 3958 0 12499 0 245644 0 0 0 Quinn Quentin Stage Manager 164760 0 0 0 762 0 12623 0 27100 0 205245 0 0 0 SCHLABACH K BLAKE Orch Personnel Mgr & Music 161384 0 0 0 138 0 9020 0 25918 0 196460 0 0 0 Beckley Danny VP & General Manager 154331 0 2000 0 206 0 4869 0 20562 0 181968 0 0 0 Form 990, Schedule J, Part II Wages reported are based on 2016 calendar year. VARIOUS INDIVIDUALS AS PART OF THE CONFLICT OF INTEREST PROCESS, BOARD MEMBERS AND MANAGEMENT EMPLOYEES ARE ASKED TO DISCLOSE ANY DIRECT BUSINESS RELATIONSHIPS. THESE RELATIONSHIPS ARE REVIEWED TO ENSURE THAT ADEQUATE APPROVALS ARE SECURED FOR BUSINESS RELATIONSHIPS WITH THE ORGANIZATION, AND THAT BUSINESS RELATIONSHIPS BETWEEN BOARD MEMBERS DO NOT IMPACT THE GOVERNANCE STRUCTURE OF THE ORGANIZATION. 0 X 51 330405 FMV X 14 51219 COST X PRINTING & ADVERTISING 4 40005 COST X Flowers and decorations 1 13965 Cost X Instruments 5 8645 cost X MUSIC 1 5481 COST 0 1 1 Part I, Line 32b: A BROKERAGE FIRM IS USED TO SELL ALL STOCK THAT IS DONATED. Form 990, Part VI, Section A, line 2 AS PART OF THE CONFLICT OF INTEREST PROCESS, BOARD MEMBERS AND MANAGEMENT EMPLOYEES ARE ASKED TO DISCLOSE ANY DIRECT BUSINESS RELATIONSHIPS. THESE RELATIONSHIPS ARE REVIEWED TO ENSURE THAT ADEQUATE APPROVALS ARE SECURED FOR BUSINESS RELATIONSHIPS WITH THE ORGANIZATION, AND THAT BUSINESS RELATIONSHIPS BETWEEN BOARD MEMBERS DO NOT IMPACT THE GOVERNANCE STRUCTURE OF THE ORGANIZATION. Form 990, Part VI, Section B, line 11b THE 990 IS REVIEWED BY THE AUDIT COMMITTEE. A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. Form 990, Part VI, Section B, line 12c THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO ALL BOARD MEMBERS AND MANAGEMENT WITH SPENDING AUTHORITY. IN ADDITION, EACH PERSON IS REQUIRED TO SIGN AND RETURN A FORM INDICATING THEY HAVE READ THE POLICY AND DISCLOSED ANY CONFLICTS OF INTEREST. Form 990, Part VI, Section B, line 15 COMPENSATION FOR THE CEO AND DEPARTMENT HEADS ARE DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF THE INDIANAPOLIS SYMPHONY ORCHESTRA Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON VERBAL OR WRITTEN REQUEST. Form 990, Part VII, Section A Compensation in Part VII, Section A is reported based on 2016 calendar year end. FORM 990, PART XII, LINE 2C THE ORGANIZATION MAINTAINS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. INDIANAPOLIS SYMPHONY ORCHESTRA FOUNDATION INC 32 EAST WASHINGTON ST NO 600 INDIANAPOLIS IN 46204 351812636 FINANCIAL SUPPORT OF INDIANA SYMPHONY SOCIETY IN 510(C)(3) 11C 0 0 0 1 0 1 0 0 0 0 0 1 1 0 1 1 0 1 1 0