2017-02-10T14:18:18-06:00 2016-06-30 420714325 RSM US LLP 230 N ELM ST STE 1100 GREENSBORO NC 27401 990 2015-07-01 560556755 NORTH CAROLINA SYMPHONY SOCIETY INC NORT 9197332750 3700 GLENWOOD AVE NO 130 RALEIGH NC 27612 SANDI MA MACDONALD PRESIDENT & CEO 9197332750 2017-02-10 1 YONG ZHANG P01249785 3362724551 2015 2021-01-29 14:40:06Z SANDI MA MACDONALD 3700 GLENWOOD AVE NO 130 RALEIGH NC 27612 17885373 0 X NCSYMPHONY.ORG X 1932 NC PROMOTE AND FOSTER THE MUSICAL CULTURE AND EDUCATION OF THE COMMUNITIES OF NC. 58 58 246 168 0 0 10735700 12964471 4465470 4533384 25428 110962 141370 113357 15367968 17722174 0 0 0 0 9064290 9499181 712 0 1484512 4407073 4670258 13472075 14169439 1895893 3552735 6022847 8667583 5413604 4559163 609243 4108420 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 11229158 4600065 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. 11229158 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 1 131 0 1 246 1 0 0 0 0 0 1 1 0 0 0 0 X 58 58 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 RUTH DZAU VICE 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 1.00 X 0 0 0 THE HONORABLE JUNE ATKINSON 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 1.00 X 0 0 0 TIM CLANCY TRUSTEE 1.00 X 0 0 0 EDWARD M COMAN TRUSTEE 3.00 5.00 X 0 0 0 DAVID R CRABTREE TRUSTEE 1.00 X 0 0 0 RICHARD L DAUGHERTY TRUSTEE 3.00 5.00 X 0 0 0 ROBERT C DOHERTY TRUSTEE 1.00 X 0 0 0 DR MARIJANET DOONAN TRUSTEE 1.00 X 0 0 0 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 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 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 SECRETARY SUSAN KLUTTZ TRUSTEE 3.00 X 0 0 0 DR ROBERT LACIN TRUSTEE 1.00 X 0 0 0 DR EARNEST LAMB TRUSTEE 1.00 X 0 0 0 BRANFORD MARSALIS TRUSTEE 1.00 X 0 0 0 LEE ANNE MCCLYMONT TRUSTEE 1.00 X 0 0 0 THE HONORABLE PAT MCCRORY TRUSTEE 1.00 X 0 0 0 CLIFFORD B MELTZER 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 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 DR SHALER STIDHAM JR 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 DARLIENE WOOLNER TRUSTEE 3.00 X 0 0 0 ROBERT E ZAYTOUN TRUSTEE 1.00 X 0 0 0 SANDI MA MACDONALD PRESIDENT & CEO 60.00 5.00 X 215439 0 13282 ROBERT SCHILLER SENIOR VP & CFO 60.00 5.00 X 140018 0 840 MARTIN SHER VP & GENERAL MANAGER 50.00 X 117146 0 16603 GRANT LLEWELLYN MUSIC DIRECTOR 25.00 X 195200 0 2354 RAY WILLIAMS JR SR. DIRECTOR, PUBLIC AFFAIRS 50.00 X 110687 0 893 BRIAN REAGIN MUSICIAN 40.00 X 119489 0 17224 897979 0 51196 6 0 1 0 COLUMBIA ARTISTS 5 COLUMBUS CIRCLE 1790 BROADWAY NEW YORK NY 10019 GUEST ARTIST MANAGEMENT 125826 SOUTHERN EXPRESS 1300 EAST PETTIGREW STREET DURHAM NC 277014243 BUS TRANS FOR MUSICIANS 106210 2 183485 564086 4633304 7583596 69852 12964471 CONCERT REVENUE 711190 4523133 4523133 EDUCATION 711190 10251 10251 4533384 110962 110962 209875 183485 163199 46676 46676 PROGRAM PROCESSING FEES 900099 54823 54823 MISCELLANEOUS 900099 11858 11858 66681 17722174 4600065 0 157638 804776 354000 296088 154688 6590862 5743244 384283 463335 412332 412332 1178245 1008802 126501 42942 512966 438505 46739 27722 14187 14187 49250 35700 13550 1320985 933512 87982 299491 572614 572614 27935 10277 16238 1420 158940 158940 180353 170626 6341 3386 14502 7150 2042 5310 76771 76771 60996 31970 29026 200187 91721 108466 GUEST ARTISTS 879408 879408 BAD DEBTS 281824 281824 BOX OFFICE 163242 163242 PRINTING AND PUBLICATIO 145516 119311 26205 523548 292444 66465 164639 14169439 11229158 1455769 1484512 246705 2384933 2927726 2093072 21094 20027 440537 0 273344 279782 848699 714435 154431 134264 1959010 3755505 6022847 8667583 607393 566902 1807118 1735538 965469 2035107 2033624 221616 5413604 4559163 X -4702301 -19427 5311544 4127847 609243 4108420 6022847 8667583 3552735 -53558 0 X X 0 1 X 1 0 X 8016457 8182971 8091496 10620378 12964471 47875773 329554 418824 418856 400775 571982 2139991 8346011 8601795 8510352 11021153 13536453 50015764 6235120 43780644 1081 229 88 23880 110962 136240 169460 122185 231123 89991 209875 822634 50974638 21678322 0.85890 0.94330 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2011 AMOUNT: $ 169,460. 2012 AMOUNT: $ 122,185. 2013 AMOUNT: $ 231,123. 2014 AMOUNT: $ 89,991. 2015 AMOUNT: $ 209,875. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 0 0 0 0 1 106418 0 0 106418 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 FY2016 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 2016 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 ORCHESTRAS TO WHICH WE PAID ANNUAL DUES OF $15,511. AMONG THEIR ACTIVITIES IS GOVERNMENTAL AFFAIRS AND LOBBYING FOR ISSUES RELATED TO THE ARTS. THE LEAGUE OF AMERICAN ORCHESTRAS SPENDS 2% ON LOBBYING EFFORTS. 1872507 1900000 47418 165630 3654295 1953857 35566 116916 1872507 0.52630 0.00000 0.47370 0 1 1 87726 84534 3192 622214 540939 81275 138759 88962 49797 134264 INTERCOMPANY PAYABLE 127884 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 93732 221616 X 18403797 -53558 571982 518424 17885373 -163199 -163199 17722174 14904620 571982 163199 735181 14169439 0 14169439 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 4B - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES -163,199. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 163,199. RENEE FLEMING GALA 221784 86284 135500 40864 53122 STRING FLING 93864 63239 30625 2600 38052 1 77712 33962 43750 1500 27061 393360 183485 209875 44964 118235 163199 46676 SCH G THE RENEE FLEMING GALA FUNDRAISING EVENT NETTED $127,798, INCLUDING BOTH GROSS TICKET SALES AND CONTRIBUTIONS RECEIVED. THE STRING FLING FUNDRAISING EVENT NETTED $53,212, INCLUDING BOTH GROSS TICKET SALES AND CONTRIBUTIONS RECEIVED. THE FRIENDS OF NOTE FUNDRAISING EVENT, CLASSIFIED AS "OTHER EVENTS," NETTED $49,151, INCLUDING BOTH GROSS TICKET SALES AND CONTRIBUTIONS RECEIVED. X X X X X 0 0 0 0 0 0 0 0 0 SANDI MA MACDONALD PRESIDENT & CEO 215439 0 0 0 0 0 0 0 13282 0 228721 0 0 0 GRANT LLEWELLYN MUSIC DIRECTOR 195200 0 0 0 0 0 0 0 2354 0 197554 0 0 0 X 7 69852 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS 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 11 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 ON AN ANNUAL BASIS. 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 2015-16 SEASON, MR. LLEWELLYN WAS SCHEDULED TO CONDUCT 12 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 11A, 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 564086 CASH NC SYMPHONY FOUNDATION INC D 127884 CASH