2018-02-13T20:11:44-06:00 2017-06-30 420714325 RSM US LLP 230 N ELM ST STE 1100 GREENSBORO NC 27401 990 2016-07-01 560556755 NORTH CAROLINA SYMPHONY SOCIETY INC NORT 9197332750 3700 GLENWOOD AVE NO 130 RALEIGH NC 27612 SANDI MA MACDONALD PRESIDENT & CEO 9197332750 2018-02-13 1 YONG ZHANG P01249785 3362724551 108.171.131.171 2018-02-13 21:11:33 ES P 68E3BE8F27530CB92DCBE14CB09CA2C152DDBB4C 68E3BE8F27530CB92DCBE14CB09CA2C152DDBB4C 2016 2021-01-29 14:40:06Z SANDI MA MACDONALD 3700 GLENWOOD AVE NO 130 RALEIGH NC 27612 14609675 0 X NCSYMPHONY.ORG X 1932 NC PROMOTE AND FOSTER THE MUSICAL CULTURE AND EDUCATION OF THE COMMUNITIES OF NC. 59 59 263 168 0 0 12964471 9940491 4533384 4468977 110962 110669 113357 47863 17722174 14568000 0 0 0 0 9499181 9623115 0 0 1017042 4670258 4422988 14169439 14046103 3552735 521897 8667583 7234214 4559163 2264799 4108420 4969415 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 11315821 4468977 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. THE 2016-17 SEASON INCLUDED PERFORMANCES AT THE PRESTIGIOUS SHIFT FESTIVAL AT THE JOHN F. KENNEDY CENTER FOR THE PERFORMING ARTS IN WASHINGTON, DC. 11315821 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 1 142 0 1 263 1 0 0 0 0 0 1 1 0 0 0 0 X 59 59 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 JEFFREY A CORBETT PAST CHAIR 5.00 X X 0 0 0 DR MARY SUSAN FULGHUM VICE CHAIR 5.00 X X 0 0 0 JOE 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 CATHARINE BIGGS ARROWOOD TRUSTEE 3.00 X 0 0 0 DR TRUDE R BATE TRUSTEE 1.00 X 0 0 0 JANIE W BIRD 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 STEVE 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 1.00 X 0 0 0 DAVID R CRABTREE TRUSTEE 1.00 X 0 0 0 RICHARD L DAUGHERTY TRUSTEE 3.00 1.00 X 0 0 0 ROBERT C DOHERTY 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 SUSIE FARRELL TRUSTEE 1.00 X 0 0 0 EVAN FULTZ 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 DON HAILE TRUSTEE 1.00 X 0 0 0 DAVID L HAINES TRUSTEE 1.00 X 0 0 0 SECRETARY SUSI H HAMILTON TRUSTEE 1.00 X 0 0 0 JIM HANSEN 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 E 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 JERRY HWANG TRUSTEE 1.00 X 0 0 0 THE HONORABLE MARK JOHNSON TRUSTEE 1.00 X 0 0 0 LDWAIN 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 CLIFFORD B MELTZER TRUSTEE 1.00 X 0 0 0 JAMES MORGAN TRUSTEE 1.00 X 0 0 0 GRAHAM 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 EMILY MANN PECK TRUSTEE 1.00 X 0 0 0 ASHLEY MATLOCK PERKINSON TRUSTEE 3.00 X 0 0 0 DR P RAMACHANDRA REDDY TRUSTEE 1.00 X 0 0 0 THOMAS H ROBERG TRUSTEE 1.00 5.00 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 LINDA J STAUNCH TRUSTEE 3.00 X 0 0 0 TERRY L STEVENS TRUSTEE 1.00 X 0 0 0 SANDRA SULLY TRUSTEE 1.00 X 0 0 0 JENNIE HARRIS WALLACE TRUSTEE 3.00 X 0 0 0 SANDI MA MACDONALD PRESIDENT & CEO 55.00 5.00 X 314567 0 14422 ROBERT SCHILLER SENIOR VP & CFO 55.00 5.00 X 142818 0 840 GRANT LLEWELLYN MUSIC DIRECTOR 25.00 X 213200 0 0 MARTIN SHER VP & GENERAL MANAGER 50.00 X 120430 0 20875 ELIZABETH RANSOM VP OF PHILANTHROPY 50.00 X 121595 0 8636 BRIAN REAGIN MUSICIAN, CONCERTMASTER 40.00 X 100697 0 14237 1013307 0 59010 6 0 1 0 DCM INC 330 WEST 38TH STREET SUITE 207 NEW YORK NY 10018 MARKETING 108235 1 48190 612202 4670879 4609220 610007 9940491 CONCERT REVENUE 711190 4391457 4391457 PROGRAM PROCESSING FEES 711190 68000 68000 EDUCATION 711190 9520 9520 4468977 110669 110669 68995 48190 41675 27320 27320 MISCELLANEOUS 900099 20543 20543 20543 14568000 4468977 0 158532 912541 333630 457316 121595 6455489 5797242 281140 377107 299937 299937 1436557 1161663 206801 68093 518591 436598 45112 36881 8978 8978 32651 18668 13983 55431 55431 9987 9987 397186 172444 224742 959223 959223 118379 1183 116069 1127 93406 93406 64543 64543 545605 379475 166130 175357 175357 34303 6121 27677 505 68971 68971 62881 31679 31202 186937 60585 126352 GUEST ARTISTS 940821 940821 BOX OFFICE 192168 192168 OTHER FUNDRAISING COSTS 173009 173009 MISC PRODUCTION EXPENSE 120891 120891 182261 182261 14046103 11315821 1713240 1017042 2384933 357397 1031246 2093072 1340969 20027 17207 279782 372228 866648 777316 134264 89332 3755505 4013677 0 12158 8667583 7234214 566902 325089 1735538 1766293 2035107 18761 221616 154656 4559163 2264799 X -19427 388608 4127847 4580807 4108420 4969415 8667583 7234214 521897 339098 0 X X 0 1 X 1 0 X 8182971 8091496 10620378 12964471 9940491 49799807 418824 418856 400775 571982 605469 2415906 8601795 8510352 11021153 13536453 10545960 52215713 5879129 46336584 229 88 23880 110962 110669 245828 122185 231123 89991 209875 89538 742712 53204253 22169590 0.87090 0.85890 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2012 AMOUNT: $ 122,185. 2013 AMOUNT: $ 231,123. 2014 AMOUNT: $ 89,991. 2016 AMOUNT: $ 20,543. FUNDRAISING REV - 2015 AMOUNT: $ 209,875. 2016 AMOUNT: $ 68,995. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 145431 0 0 145431 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 $2,800 FOR FY2017 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 2017 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 $16,003. AMONG THEIR ACTIVITIES IS GOVERNMENTAL AFFAIRS AND LOBBYING FOR ISSUES RELATED TO THE ARTS. THE LEAGUE OF AMERICAN ORCHESTRA SPENDS 2% ON LOBBYING EFFORTS. 3654295 435288 169324 3920259 1872507 1900000 47418 165630 3654295 1953857 35566 116916 1872507 0.54910 0.00000 0.45090 0 1 1 87726 87726 0 640163 572877 67286 138759 116713 22046 89332 INTERCOMPANY PAYABLE 68185 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 86471 154656 X 15600693 339098 651920 41675 1032693 14568000 0 14568000 14739698 651920 41675 693595 14046103 0 14046103 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 41,675. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 41,675. FRIENDS OF NOTE 90830 44580 46250 2379 28373 5 26355 3610 22745 10923 117185 48190 68995 2379 39296 41675 27320 SCHEDULE G, PART II: THE FRIENDS OF NOTE FUNDRAISING EVENT NETTED $60,078, INCLUDING BOTH GROSS TICKET SALES AND CONTRIBUTIONS RECEIVED. FIVE FUNDRAISING RECEPTIONS, CLASSIFIED AS "OTHER EVENTS," NETTED $11,822. X X X X X 0 0 0 0 0 0 0 1 0 SANDI MA MACDONALD PRESIDENT & CEO 254515 0 0 0 60052 0 0 0 14422 0 328989 0 0 0 GRANT LLEWELLYN MUSIC DIRECTOR 213200 0 0 0 0 0 0 0 0 0 213200 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 29 610007 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B REFLECTS THE NUMBER OF CONTRIBUTORS. 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 2016-17 SEASON, MR. LLEWELLYN WAS SCHEDULED TO CONDUCT 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 612202 CASH NC SYMPHONY FOUNDATION INC D 68185 CASH