2018-07-12T06:13:24-05:00 2017-08-31 570381582 Elliott Davis LLCPLLC 100 Calhoun Street Suite 300 Charleston SC 29401 990 2016-09-01 570660848 Spoleto Festival USA Inc SPOL 8437222764 14 George Street Charleston SC 29401 TASHA GANDY DIRECTOR OF FINANCE 8437222764 2018-06-26 1 Brandon T Renaud P00743576 8435777040 2018-06-26 2016 2022-09-23 18:48:47Z NIGEL REDDEN 14 GEORGE STREET CHARLESTON SC 29401 8814257 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. 42 42 536 370 61400 -45633 3909035 4613332 4637259 3161917 173840 228365 433954 245289 9154088 8248903 0 0 0 0 3207942 2867188 0 0 778160 6861754 5869848 10069696 8737036 -915608 -488133 16963177 17295376 1836406 2153298 15126771 15142078 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 6125082 3176111 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. 6125082 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 1 211 0 1 536 1 1 1 0 0 0 0 1 1 0 0 X 42 42 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 M Edward Sellers Chairman 2.00 X X 0 0 0 Mr William G Medich President 2.00 X X 0 0 0 Mr Ronald D Abramson Treasurer 2.00 X X 0 0 0 Mr John B Hagerty General Counsel & Secretary 1.00 X X 0 0 0 Mr Richard J Almeida Vice President 1.00 X X 0 0 0 Mrs Jennie L DeScherer Vice President 1.00 X X 0 0 0 Mrs Lou Rena Hammond Vice President 1.00 X X 0 0 0 Dr John M Palms Vice President 1.00 X X 0 0 0 Mr W Lucas Simons Vice President 1.00 X X 0 0 0 Mr Mack I Whittle Jr 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 Mrs Katharine I Bachmann Director 0.30 X 0 0 0 Ms Susan L Baker Director 0.30 X 0 0 0 Mr Andrew T Barrett 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 CLAIRE HOLDING BRISTOW Director 0.30 X 0 0 0 Mrs Alicia Mullen Gregory Director 0.30 X 0 0 0 Mrs Penelope C Hall Director 0.30 X 0 0 0 Mr Timothy W Hughes Director 0.30 X 0 0 0 MS MARGIE ANN MORSE Director 0.30 X 0 0 0 Mrs Deborah Kennedy Kennard Director 0.30 X 0 0 0 MR MICHAEL C TARWATER 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 Cynthia Anne Solomon Director 0.30 X 0 0 0 Mrs Elizabeth H Sullivan Director 0.30 X 0 0 0 Mrs Cynthia B Thompson Director 0.30 X 0 0 0 Mr Paul G Trippe Director 0.30 X 0 0 0 Mr John Steele Chalsty director 0.30 X 0 0 0 Ms Rebecca W Darwin director 0.30 X 0 0 0 Mr Gary T DiCamillo director 0.30 X 0 0 0 Mrs Ruth L Edwards director 0.30 X 0 0 0 Mrs Susan T Friberg director 0.30 X 0 0 0 Mr Ozey K Horton Jr director 0.30 X 0 0 0 Dr Michael S Kogan director 0.30 X 0 0 0 Ms Marian M Nisbet director 0.30 X 0 0 0 MRS HELLENA HUNTLEY TIDWELL DIrector 0.30 X 0 0 0 Nigel Redden General Director (Employee 40.00 X 273884 0 10194 Tasha Gandy Director of Finance (Emplo 40.00 X 140662 0 5769 JULIA A FORSTER DIRECTOR OF DEVELOPMENT 40.00 X 111589 0 15794 526135 0 31757 3 0 1 0 College of Charleston 66 George Street CHARLESTON SC 29424 FACILITY RENTALS 319820 TTS Studios LLC PO Box 20066 CHARLESTON SC 29413 Production Services 272026 Druid Performing Arts Limited FLOOD STREET GALWAY EI Performance Fee 205503 The Gaillard Management Corporation 95 CALHOUN STREET CHARLESTON SC 29401 Facility Rentals 200378 The Masque Sound & Recording Corp 21 E Union Ave East Rutherford NJ 07073 Sound Equipment Rental 116279 6 348450 4264882 1113737 4613332 ADMISSION SALES 711300 3159640 3159640 BOX OFFICE HANDLING FE 711300 2277 2277 3161917 228155 228155 216297 11500 245348 0 -29051 11500 -17551 11500 -29051 210 0 210 210 210 516222 317476 198746 198746 12355 2530 9825 9825 ADVERTISING 541800 49900 49900 other revenue 711300 4369 4369 54269 8248903 3176111 61400 398060 X 396060 39607 198031 158422 2014822 1287507 280266 447049 54270 20302 26486 7482 228382 110592 87119 30671 173654 84329 56680 32645 26751 26751 154355 141912 12443 141032 26170 102813 12049 29612 29612 127871 16946 110925 1042002 963810 53213 24979 67325 67325 503199 503199 118489 118489 PERFORMANCE FEES 1755367 1755367 SETS 369496 369496 GENERAL PRODUCTION 365382 365382 LIGHTING, SOUND AND VID 270168 270168 898799 643882 202497 52420 8737036 6125082 1833794 778160 294997 93637 2021021 1134131 30767 30311 4000 4000 130512 113787 12472041 6133430 6575153 6338611 7579638 9238622 327089 342277 16963177 17295376 131383 86313 99189 116151 1605834 1950834 1836406 2153298 X 5568055 5125901 1550152 1847354 8008564 8168823 15126771 15142078 16963177 17295376 X -488133 488252 15188 X X 0 1 X 1 0 X 5802088 5074496 5202847 3909035 4613332 24601798 9350 8450 8450 8450 8450 43150 5811438 5082946 5211297 3917485 4621782 24644948 1250126 23394822 615678 367388 281129 394042 444452 2102689 17915 17915 93859 28784 8859 400 4369 136271 26901823 17435862 0.86960 0.88030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8580936 160259 668482 230000 9179677 8363079 68020 409837 260000 8580936 8611196 371398 -434515 185000 8363079 6205036 1760189 815971 170000 8611196 4087112 1934073 353851 170000 6205036 0.00000 0.88990 0.11010 0 0 4327501 2054002 2273499 6659563 2824874 3834689 1304756 1083633 221123 180221 170921 9300 6338611 X 9006484 488252 56718 260536 805506 8200978 47925 47925 8248903 8991177 56718 245348 302066 8689111 47925 47925 8737036 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 15,188. rental expenses 245,348. Part XII, Line 2d - Other Adjustments: rental expenses 245,348. GALA- TATYANA'S BALL 99415 99415 16861 35872 6472 28430 SFUSA ORCHESTRA AUCTION 219750 219750 41860 351 1491 15170 25 197057 197057 170969 516222 516222 58721 36223 7963 214569 317476 198746 X X X X 0 0 0 0 0 0 0 0 0 Nigel Redden General Director (Employee 260624 0 10000 0 3260 0 9487 0 707 0 284078 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 16 1113737 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 IX, line 24e PROPS AND WARDROBE: Program service expenses 253,714. Management and general expenses 0. Fundraising expenses 0. Total expenses 253,714. EQUIPMENT & INSTRUMENTAL RENTAL: Program service expenses 173,173. Management and general expenses 6,005. Fundraising expenses 0. Total expenses 179,178. REPAIRS: Program service expenses 30,527. Management and general expenses 140,260. Fundraising expenses 0. Total expenses 170,787. IMMIGRATION: Program service expenses 76,806. Management and general expenses 0. Fundraising expenses 0. Total expenses 76,806. SUPPLIES: Program service expenses 36,618. Management and general expenses 16,097. Fundraising expenses 214. Total expenses 52,929. brokerage fees: Program service expenses 0. Management and general expenses 0. Fundraising expenses 47,925. Total expenses 47,925. DUES AND SUBSCRIPTIONS: Program service expenses 8,398. Management and general expenses 25,006. Fundraising expenses 4,281. Total expenses 37,685. AUDITIONS AND WORKSHOPS: Program service expenses 34,603. Management and general expenses 0. Fundraising expenses 0. Total expenses 34,603. SECURITY: Program service expenses 29,833. Management and general expenses 1,397. Fundraising expenses 0. Total expenses 31,230. MISCELLANEOUS: Program service expenses 210. Management and general expenses 12,124. Fundraising expenses 0. Total expenses 12,334. PROFESSIONAL DEVELOPMENT: Program service expenses 0. Management and general expenses 1,608. Fundraising expenses 0. Total expenses 1,608. Form 990, Part XI, line 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 15,188. FORM 990, PAGE 12, PART XI, LINE 10 THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.