2017-07-17T14:01:12-05:00 2016-08-31 205991824 SC&H TAX & ADVISORY SERVICES LLC 910 RIDGEBROOK ROAD SPARKS MD 21152 990 2015-09-01 520629696 Baltimore Symphony Orchestra Inc BALT 4107838100 1212 Cathedral Street Baltimore MD 212015517 Sarah Beckwith CFO 4107838095 2017-07-14 1 Lori S Burghauser P00370694 4104031500 2017-07-14 2015 2021-01-29 14:40:06Z Peter T Kjome 1212 Cathedral Street Baltimore MD 212015517 27003825 0 X WWW.BSOMUSIC.ORG X 1942 MD PROVIDING SYMPHONIC CONCERTS, CULTURAL AND EDUCATIONAL. 32 31 625 350 0 0 14729386 14921566 9896025 10646614 31003 27049 153436 329404 24809850 25924633 0 0 0 0 16912212 17923472 123010 45618 1500498 10338936 12629809 27374158 30598899 -2564308 -4674266 11252854 9094210 17861581 22599237 -6608727 -13505027 X THE BALTIMORE SYMPHONY ORCHESTRA'S (BSO) MISSION IS TO PROMOTE, ORGANIZE, MANAGE AND MAINTAIN A SYMPHONY ORCHESTRA FOR THE CITY OF BALTIMORE AND THE STATE OF MARYLAND AND TO HOLD, SPONSOR, AND PRESENT MUSICAL CONCERTS BY THE BALTIMORE SYMPHONY ORCHESTRA. BSO IS AN INTERNATIONALLY RECOGNIZED SYMPHONY ORCHESTRA THAT HAS ATTRACTED A DEVOTED NATIONAL AND INTERNATIONAL FOLLOWING WHILE MAINTAINING DEEP BONDS THROUGHOUT MARYLAND WITH INNOVATIVE EDUCATION AND COMMUNITY OUTREACH INITIATIVES. 0 0 27073808 0 10646614 PROVIDES SYMPHONIC CONCERTS, CULTURAL AND EDUCATIONAL PRESENTATIONS, CULTURAL AND EDUCATIONAL RENTALS, BROADCASTING AND RECORDING. 27073808 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 332 0 1 625 1 0 0 0 0 0 1 1 0 0 0 0 X 32 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X Sarah Beckwith 4107838095 1212 Cathedral Street Baltimore MD 212015517 Ms Barbara M Bozzuto Chair & Acting CEO 2.00 1.00 X X 0 0 0 Ms Lainy LeBow-Sachs VicE CHAIR 2.00 0.00 X 0 0 0 Ms KATHLEEN A CHAGNON ESQ SECRETARY 2.00 0.00 X 0 0 0 Hon StEVEN R SCHUH Treasurer 2.00 1.00 X 0 0 0 Mr Rick Bernstein bOARD MEMBER 2.00 0.00 X 0 0 0 MR AGW BIDDLE III BOARD MEMBER 2.00 0.00 X 0 0 0 MR FRANK CAMPBELL BOARD MEMBER 2.00 0.00 X 0 0 0 Ms ConSTANCE R CAPLAN BOARD MEMBER 2.00 0.00 X 0 0 0 Mr August J Chiasera BOARD MEMBER 2.00 0.00 X 0 0 0 Mr Robert B Coutts BOARD MEMBER 2.00 0.00 X 0 0 0 MR ALAN S EDELMAN bOARD MEMBER 2.00 0.00 X 0 0 0 Ms Sandra R Feldman BOARD MEMBER 2.00 0.00 X 0 0 0 Ms Sandra Levi Gerstung BOARD MEMBER 2.00 0.00 X 0 0 0 Mr Michael G Hansen BOARD MEMBER 2.00 0.00 X 0 0 0 Ms Denise Hargrove BOARD MEMBER 2.00 0.00 X 0 0 0 Mr Robert C Knott bOARD MEMBER 2.00 0.00 X 0 0 0 DR MARSHALL A LEVINE BOARD MEMBER 2.00 0.00 X 0 0 0 ms Ava Lias-Booker ESQ BOARD MEMBER 2.00 0.00 X 0 0 0 mr Howard Majev ESQ BOARD MEMBER 2.00 0.00 X 0 0 0 Ms Liddy Manson BOARD MEMBER 2.00 0.00 X 0 0 0 Mr Hilary B Miller BoARD MEMBER 2.00 0.00 X 0 0 0 Mr E Albert Reece MD BoaRD MEMBER 2.00 0.00 X 0 0 0 Mr Barry F Rosen BOARD MEMBER 2.00 0.00 X 0 0 0 MRS ANN L ROSENBERG BOARD MEMBER 2.00 0.00 X 0 0 0 Ms Terry M Rubenstein Board Member 2.00 0.00 X 0 0 0 mr STEPHEN D SHAWE ESQ BOARD MEMBER 2.00 0.00 X 0 0 0 Hon James T Smith JR bOARD MEMBER 2.00 0.00 X 0 0 0 mr SOLOMON H SNYDER MD BOARD MEMBER 2.00 0.00 X 0 0 0 Mr Andrew A stern Board Member (Part Year) 2.00 0.00 X 0 0 0 Mr David Trone Board Member 2.00 0.00 X 0 0 0 Mr Gregory W Tucker BOARD MEMBER 2.00 0.00 X 0 0 0 Ms Amy Webb BoarD MEMBER 2.00 0.00 X 0 0 0 Mr Jeffrey T Zoller BoARD MEMBER 2.00 0.00 X 0 0 0 Mr Paul Meecham President and CEO (Part Year) 34.00 1.00 X X 302913 0 58219 Mr JOhn Verdon Vice President and CFO (PART YEAR) 34.00 1.00 X 147100 0 9919 Ms Sarah Beckwith Vice President and CFO 34.00 1.00 X 88002 0 25719 Mr Jonathan Carney Concert Master 35.00 0.00 X 291459 0 30869 Ms Marin Alsop Music Director 35.00 0.00 X 271140 0 25179 Mr Todd Price Assistant Stage Manager 40.00 0.00 X 146438 0 26471 Ms Katherine Needleman Principal Oboist 35.00 0.00 X 140172 0 30869 MR ENNIS SEIBERT Stage Manager 40.00 0.00 X 131698 0 25047 1518922 0 232292 21 0 1 0 MARIN ALSOP CO OPUS 3 ARTISTS LLC 470 PARK AVE SOUTH 9TH FL NEW YORK NY 10016 CONDUCTOR 558000 Mount Royal Printing Co Inc 6310 Blair Hill Lane Baltimore MD 21209 Printing 429104 SD&A TELESERVICE 5757 W CENTURY BLVD SUITE 300 Los Angeles CA 90045 SALES & FUNDRAISING 312649 SPECTRUM CATERING PO BOX 7130 THE WOODLANDS TX 77387 CATERING 179748 CES SECURITY INC 115 McHENRY AVENUE Baltimore MD 21208 SECURITY 165840 9 629850 3572846 3103878 7614992 421191 14921566 CONCERT INCOME 711130 10069584 10069584 BSYO TUITION REVENUE 711130 337855 337855 OTHER PROGRAM SERVICE REVENUE 711130 239175 239175 10646614 27049 27049 945383 689692 255691 255691 255691 294217 629850 389500 -95283 -95283 CONCESSIONS 722210 168996 168996 168996 25924633 10646614 0 356453 X 589756 176927 294878 117951 13031919 11894763 376122 761034 1114631 1048906 65725 2171490 1985032 93835 92623 1015676 881447 64424 69805 72058 72058 34929 34929 18282 18282 45618 45618 4201754 3833359 283847 84548 2652456 2652456 393957 125150 112345 156462 218980 61933 157047 1820584 1820584 564586 525129 2225 37232 57252 49532 7720 189955 189955 207367 26821 180546 PROGRAMS 509261 509261 EQUIPMENT RENTAL 485770 485770 credit card fees 301890 301890 EQUIPMENT HAULING 204026 204026 696702 350399 218798 127505 30598899 27073808 2024593 1500498 850 600 2994684 961648 2852931 2983879 509229 597692 1839136 1358549 2495079 1989959 623160 505120 2432864 2686722 11252854 9094210 3089273 4154714 6506101 7466182 3700000 3330000 4566207 7648341 17861581 22599237 X -9893920 -16368220 3285193 2863193 -6608727 -13505027 11252854 9094210 X -4674266 -11743 -2210291 X X 0 1 X 1 0 X 13333461 14454675 15772802 14729386 14921566 73211890 13333461 14454675 15772802 14729386 14921566 73211890 135616 73076274 1064283 723366 1005622 860063 972432 4625766 129516 127040 639691 272100 463213 1631560 79469216 53534603 0.91960 0.92620 X Schedule A, Part II, Line 10, Explanation of Other Income: Concessions and other - 2011 Amount: $ 129,516. 2012 Amount: $ 127,040. 2013 Amount: $ 639,691. 2014 Amount: $ 110,489. 2015 Amount: $ 168,996. FUNDRAISING - 2014 Amount: $ 161,611. 2015 Amount: $ 294,217. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18282 18282 30580617 30598899 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 15723 17967 18437 18282 70409 250000 250000 250000 250000 1000000 1500000 15723 17967 18437 18282 70409 69402391 2369686 2979405 3572846 3149912 82553 67946171 67715170 7754734 -794727 3085144 2094903 92739 69402391 62317116 1136019 8763791 3000697 1501059 67715170 58977049 493000 7395217 3061013 1379269 107868 62317116 58573366 191772 4783470 2864511 1594286 112762 58977049 0.00150 0.96950 0.02900 0 1 1 8015 6152 1863 2487064 1983807 503257 505120 DUE FROM AFFILIATES 2686722 2686722 ACCRUED PENSION COSTS 7217998 DUE TO AFFILIATES 430343 7648341 X Part V, Line 4: The endowment is held by The Baltimore Symphony Endowment Trust, a supporting organization. The endowment is used to support the charitable, literary and educational purposes associated with the promotion of an appreciation of orchestral and symphonic music. Part X, Line 2: ASC 740, INCOME TAXES (ASC 740), PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AS WELL AS GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES AND CONSOLIDATED FINANCIAL STATEMENT REPORTING DISCLOSURES. FOR THESE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE SYMPHONY CONTINUES TO REMAIN SUBJECT TO EXAMINATION BY U.S. FEDERAL AUTHORITIES FOR THE YEARS 2013 THROUGH 2016. THE SYMPHONY RECOGNIZES INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX EXPOSURE AS A COMPONENT OF INCOME TAX EXPENSE. THE SYMPHONY DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF AUGUST 31, 2016 AND 2015. X X X X X X X 1 SD&A TELESERVICESINC 5757 W Century Blvd Suite 300 Los Angeles CA 90045 TELEFUNDING 0 51763 45618 6145 51763 45618 6145 MD DC VA GALA 924067 629850 294217 81819 79940 127339 100403 924067 629850 294217 81819 79940 127339 100403 389501 -95284 Schedule G, Part I, Line 2b, Column (v) THE ORGANIZATION USED A PROFESSIONAL FUNDRAISER DURING THE FISCAL YEAR 2016 TO PROVIDE GENERAL FUNDRAISING SERVICES FOR BSO. X X X 0 1 0 0 0 0 0 0 0 Mr Paul Meecham President and CEO (Part Year) 279783 0 5362 0 17768 0 32500 0 25719 0 361132 0 0 0 Mr JOhn Verdon Vice President and CFO (PART YEAR) 146832 0 0 0 268 0 0 0 9919 0 157019 0 0 0 Mr Jonathan Carney Concert Master 291316 0 0 0 143 0 5195 0 25674 0 322328 0 0 0 Ms Marin Alsop Music Director 270872 0 0 0 268 0 0 0 25179 0 296319 0 0 0 Mr Todd Price Assistant Stage Manager 146403 0 0 0 35 0 10882 0 15589 0 172909 0 0 0 Ms Katherine Needleman Principal Oboist 140116 0 0 0 56 0 5195 0 25674 0 171041 0 0 0 MR ENNIS SEIBERT Stage Manager 131446 0 0 0 252 0 9510 0 15537 0 156745 0 0 0 PART II, LINE 4, DISCLOSURE INFORMATION OPUS 3 ARTISTS, LLC A COMPANY THAT MANAGES DISTINGUISHED PERFORMING ARTISTS, WAS PAID $558,000, AS AN INDEPENDENT CONTRACTOR FOR MARIN ALSOP'S INDEPENDENT SERVICES OUTSIDE OF HER COMPENSATION AGREEMENT WITH THE BSO. Line 4b: THE FOLLOWING PARTICIPATED IN BSO'S 457(F) PLAN: PAUL MEECHAM $17,500 THE FOLLOWING RECIEVED PAYMENTS AS PART OF THEIR PARTICIPATION IN BSO'S 457(F) PLAN: PAUL MEECHAM $17,500 X 59 421191 FMV 0 0 0 0 Form 990, Part VI, Section B, line 11 THE FORM 990 WAS REVIEWED AND APPROVED BY THE Executive COMMITTEE, A SUB-COMMITTEE OF THE BOARD OF DIRECTORS, PRIOR TO SUBMISSION. A COPY OF THE FORM 990 WAS ALSO EMAILED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Section B, line 12c The BSO has a Conflict of Interest policy that is available to all employees in the Staff Employee Handbook. The handbook is issued to every new employee of the BSO and the employee must sign to say that they have read and understood the information provided. The conflict of interest policy is monitored by management with emphasis on those areas that are especially susceptible to possible conflicts. Any potential conflicts would be dealt with on an individual basis by the President/CEO and the Director of Human Resources as necessary. THE CONFLICT OF INTEREST POLICY IS AFFIRMATIVELY REVIEWED AND SIGNED BY THE BOARD OF DIRECTORS EVERY YEAR. Form 990, Part VI, Section B, line 15 BSO formed a Compensation Committee in the late Summer of 2013 to specifically deal with the contract of the President and CEO. The Committee initiated research to determine reasonable compensation. That research was based on compensation information received from orchestras of comparable size in revenue, season length and orchestra size. Upon review of the data received, the Committee reached a conclusion and the specific contract was negotiated directly with the employee. It is the intention of the Board of Directors to keep the Compensation Committee active and available to handle compensation issues of top management, officers and key employees. The methods employed as described above will be used on a consistent basis to determine a reasonable wage for each position. Form 990, Part VI, Section C, line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, line 11g Contractual Services: Program service expenses 779,747. Management and general expenses 283,847. Fundraising expenses 0. Total expenses 1,063,594. Conductors & Guest Artists: Program service expenses 3,053,612. Management and general expenses 0. Fundraising expenses 84,548. Total expenses 3,138,160. Form 990, Part XI, line 9: PENSION RELATED CHANGES INCLUDING NET PERIODIC PENSION COSTS -2,210,291. FORM 990, PAGE 12, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BALTIMORE SYMPHONY ENDOWMENT TRUST 1212 CATHEDRAL STREET BALTIMORE MD 21201 770659339 support appreciation of orchestral and symphonic music MD 501(C)(3) 11A BALTIMORE SYMPHONY ORCHESTRA INC 1 CATHEDRAL PARKING INC 1212 CATHEDRAL STREET BALTIMORE MD 21201 521239270 PARKING GARAGE MD N/A C 0 Charitable Remainder Trust (2) Charitable Remainder Trust MD T 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 Baltimore Symphony Endowment Trust C 3572846 FMV Baltimore Symphony Endowment Trust E 3330000 FMV Baltimore Symphony Endowment Trust Q 453151 fmv Baltimore Symphony Endowment Trust O 293338 FMV