2017-01-16T00:00:00-06:00 2016-06-30 450250958 EIDE BAILLY LLP 5299 DTC BLVD STE 1000 GREENWOOD VILLAGE CO 80111 990 2015-07-01 840511458 COLORADO SYMPHONY ASSOCIATION COLO 3036237876 1000 14TH STREET NO 15 DENVER CO 802022333 COREEN MILLER CHIEF FINANCIAL OFFICER 3036237876 2017-01-13 1 KYLE FRITCH CPA P01313374 3039862454 2017-01-12 2015 2021-01-29 14:40:06Z COREEN MILLER 1000 14TH STREET NO 15 DENVER CO 802022333 16516547 0 X WWW.COLORADOSYMPHONY.ORG X 1989 CO PERFORMANCE OF SYMPHONIC CONCERTS. 41 32 420 450 0 0 6255520 10750615 5824124 5379929 2 9 -126512 3693 11953134 16134246 0 0 0 0 8474262 8745108 0 0 529675 4536450 4049016 13010712 12794124 -1057578 3340122 14640793 7841615 2737832 1747888 11902961 6093727 X THE COLORADO SYMPHONY ASSOCIATION (CSA) IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED TO FUND AND OPERATE THE COLORADO SYMPHONY ORCHESTRA FOR THE ENJOYMENT AND BENEFIT OF THE CITIZENS OF METROPOLITAN DENVER, AND THE GREATER COLORADO AND ROCKY MOUNTAIN REGIONS. THE COLORADO SYMPHONY ORCHESTRA PERFORMS MORE THAN 100 CLASSICAL, POPS, AND FAMILY CONCERTS EACH YEAR, SHOWCASING MANY OF THE WORLD'S FINEST MUSICIANS, CONDUCTORS, AND ENTERTAINERS. 0 0 10269696 5379929 THE COLORADO SYMPHONY ASSOCIATION PERFORMS SYMPHONIC CONCERTS BENEFITING OVER 250,000 PATRONS FROM THE DENVER AND TRI-STATE AREAS WHILE PROVIDING A PERFORMANCE PLATFORM TO WORLD-CLASS MUSICIANS. 10269696 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 105 0 1 420 1 0 0 0 0 0 1 1 0 0 0 0 X 41 32 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CO X COREEN MILLER 3033082468 1000 14TH STREET 15 DENVER CO 802022333 JEROME H KERN CEO/CO-CHAIRMAN 51.00 1.50 X X 0 0 0 MARY ROSSICK-KERN CO-CHAIRWOMAN 1.00 X X 0 0 0 STEPHANIE DONNER ESQ TREASURER 1.00 X X 0 0 0 SUSAN BOWLES SECRETARY/MUSICIAN TRUSTEE 40.00 X X 34092 0 43465 YUMI HWANG-WILLIAMS CONCERT MASTER/ TRUSTEE 40.00 X 108832 0 19275 BROOK FERGUSON MUSICIAN TRUSTEE 40.00 X 52987 0 10928 JOHN HILTON MUSICIAN TRUSTEE 40.00 X 51167 0 9619 KOLIO PLACHKOV MUSICIAN TRUSTEE 40.00 X 64324 0 11286 JASON SHAFER MUSICIAN TRUSTEE 40.00 X 53723 0 11142 BASIL VENDRYES MUSICIAN TRUSTEE 40.00 X 57260 0 42445 SUSAN CAHILL MUSICIAN TRUSTEE 40.00 X 33406 0 27667 JOHN KINZIE MUSICIAN TRUSTEE 40.00 X 76026 0 26502 DR PAULA P BERNSTEIN TRUSTEE 1.00 X 0 0 0 ELAINE BRICKMAN TRUSTEE 1.00 X 0 0 0 YOUNG CHO TRUSTEE 1.00 X 0 0 0 JIM COPENHAVER TRUSTEE 1.00 X 0 0 0 JASON CROW ESQ TRUSTEE 1.00 X 0 0 0 ZACHARY D DETRA ESQ TRUSTEE 1.00 X 0 0 0 BJ DYER TRUSTEE 1.00 X 0 0 0 SANDY ELLIOTT TRUSTEE 1.00 X 0 0 0 JACK FINLAW TRUSTEE 1.00 X 0 0 0 DR EVERETTE J FREEMAN TRUSTEE 1.00 X 0 0 0 DR MICHAEL G GUNDZIK TRUSTEE 1.00 X 0 0 0 DIANE S HILL PHD TRUSTEE 1.00 X 0 0 0 KATHLEEN JOHNSON ESQ TRUSTEE 1.00 X 0 0 0 BROOKS KANSKI TRUSTEE 1.00 X 0 0 0 RICHARD KYLBERG TRUSTEE 1.00 X 0 0 0 P EVAN LASKY TRUSTEE 1.00 X 0 0 0 COUNCILMAN PAUL LOPEZ TRUSTEE 1.00 X 0 0 0 JONATHAN MASOUDI MD TRUSTEE 1.00 X 0 0 0 PATRICK MCKINSTRY ESQ TRUSTEE 1.00 X 0 0 0 JOE NEGUSE ESQ TRUSTEE 1.00 X 0 0 0 JULIE RUBSAM TRUSTEE 1.00 X 0 0 0 JIM SHPALL TRUSTEE 1.00 X 0 0 0 ERIC SONDERMANN TRUSTEE 1.00 X 0 0 0 BARBARA SPRINGER TRUSTEE 1.00 X 0 0 0 LYNNE VALENCIA TRUSTEE 1.00 X 0 0 0 WELLINGTON WEBB TRUSTEE 1.00 X 0 0 0 ANDREW LITTON EX-OFFICIO TRUSTEE 1.00 X 0 0 0 MARY NEIDIG EX-OFFICIO TRUSTEE 1.00 X 0 0 0 GINGER WHITE EX-OFFICIO TRUSTEE 1.00 X 0 0 0 WILLIAM K COORS EMERITUS TRUSTEE 1.00 X 0 0 0 JOHN LAW EMERITUS TRUSTEE 1.00 X 0 0 0 W GERALD RAINER EMERITUS TRUSTEE 1.00 X 0 0 0 LEE YEINGST EMERITUS TRUSTEE 1.00 X 0 0 0 COREEN MILLER CHIEF FINANCIAL OFFICER 50.00 X 45415 0 2271 ANTHONY PIERCE SR. VP OF ARTISTIC PLANNING 50.00 X 97904 0 13513 675136 0 218113 1 0 0 0 ANDREW LITTON LLC 2576 BROADWAY 236 NEW YORK NY 10025 MUSIC DIRECTOR 254140 IMG ARTISTS INC 7 W 54TH STREET NEW YORK NY 10019 GUEST ARTIST SERVICES 100650 2 849411 2903496 1064371 5933337 278170 10750615 CONCERT PERFORMANCES 711130 5341026 5341026 38903 38903 5379929 9 9 171 171 227013 849411 325889 -98876 -98876 158810 56412 102398 102398 16134246 5379929 0 3702 840401 702986 108615 28800 6107861 5374879 484742 248240 196880 181294 9462 6124 864265 791588 48583 24094 735701 646204 59379 30118 46641 46641 55782 55782 743096 451087 207529 84480 499977 499835 142 48134 18024 9062 21048 298308 121144 171624 5540 513864 426344 82871 4649 245825 226397 3628 15800 26351 6307 11470 8574 6495 6495 42211 42211 48222 14695 33527 GUEST CONDUCTOR AND ART 1013779 1013779 PRODUCTION EXPENSE 203769 189768 14001 DUES AND SUBSCRIPTIONS 137305 76444 60861 PRINTING AND PUBLICATIO 77529 12793 44535 20201 41728 15963 7901 17864 12794124 10269696 1994753 529675 7323 1766521 56770 1322549 45110 39100 2133 125567 66847 806844 295352 520187 511492 13885836 4132973 14640793 7841615 545771 540226 1415295 1207662 300000 0 476766 0 2737832 1747888 X -2019875 608043 168161 1514113 13754675 3971571 11902961 6093727 14640793 7841615 X 3340122 -212941 -8936415 X 0 1 X 1 0 X 5399956 5446498 8584791 6255520 10750615 36437380 5399956 5446498 8584791 6255520 10750615 36437380 10594128 25843252 498 1471 155 187 180 2491 25517 25517 36465388 29642296 0.70870 0.85900 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2011 AMOUNT: $ 25,517. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13931441 18800549 -850210 8985079 22896701 14664247 233565 -466371 500000 13931441 15528275 1135972 2000000 14664247 11544877 3983398 15528275 11679245 48678 183046 11544877 1.00000 1 1 1 335122 295352 39770 471722 471722 511492 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 4132973 4132973 X 16124406 -212941 182399 -30542 16154948 -20702 -20702 16134246 12997225 182399 20702 203101 12794124 0 12794124 PART V, LINE 4: PERMANAENT ENDOWMENTS CONSIST OF FUNDS HELD BY OTHER TAX-EXEMPT ORGANIZATIONS ESTABLISHED TO ADMINISTER THE ENDWOMENT FUNDS PREVIOUSLY HELD BY THE SYMPHONY. THESE ORGANIZATIONS ARE GOVERNED BY SEPARATE BOARDS OF TRUSTEES. SUPPORTING DISTRIBUTIONS (IF APPLICABLE) FROM THE FUNDS ARE PROVIDED TO THE SYMPHONY FOR PROGRAM SERVICES AND OTHER OPERATIONS. PERMANENT ENDOWMENTS ALSO INCLUDE A BENEFICIAL INTEREST IN AN IRREVOCABLE PERPETUAL TRUST ADMINISTERED BY A COMMUNITY FOUNDATION. THE TRUST AGREEMENT REQUIRES DISTRIBUTION OF 50% OF THE NET INCOME OF THE TRUST TO THE SYMPHONY FOR ITS UNRESTRICTED USE; HOWEVER THE SYMPHONY WILL NEVER RECEIVE THE ASSETS OF THE TRUST. PART X, LINE 2: THE ASSOCIATION AND THE FUND ARE ORGANIZED AS COLORADO NONPROFIT CORPORATIONS AND HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3), QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND (VIII), AND HAVE BEEN DETERMINED NOT TO BE PRIVATE FOUNDATIONS UNDER SECTION 509(A)(1) AND (3), RESPECTIVELY. EACH ENTITY IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ENTITIES ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. EACH ENTITY HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED WITH INCOME ON 990 -20,702. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED WITH INCOME ON 990 20,702. SYMPHONY BALL 1006232 849411 156821 24365 85218 3935 174172 5K 70192 70192 880 37319 1076424 849411 227013 25245 85218 3935 211491 325889 -98876 158810 35710 20702 1 0.50000 158810 35710 20702 56412 102398 CO 1 0 1 0 1.00000 0.00000 COREEN MILLER 1000 14TH STREET 15 DENVER CO 80202 0 CHRISTINE DEVEREAUX 0 THE RAFFLE MANAGER OVERSEES ALL ASPECTS OF THE RAFFLE. THIS INCLUDES SECURING RAFFLE PRIZES, ORGANIZING AND MANAGING VOLUNTEERS FOR TICKET SALES, CREATING CALENDARS FOR CAR DISPLAY, MANAGING THE RAFFLE COMMITTEE AND CREATING "GREAT SYMPHONY SWEEPSTAKES" CONTENT FOR MARKETING COLLATERAL. THE RAFFLE MANAGER WORKS IN CONJUNCTION WITH MEMBERS OF THE FINANCE DEPARTMENT TO REVIEW, TABULATE AND AUDIT ALL SALES ASSOCIATED WITH THE RAFFLE. X 1 102398 X 1 35710 SELLING PRICE X 16 63732 SELLING PRICE X VARIOUS AUCTION ITEMS 249 178728 COST 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF TRUSTEES SHALL ELECT AN EXECUTIVE COMMITTEE CONSISTING OF NO FEWER THAN TWELVE AND NO MORE THAN TWENTY BOARD TRUSTEES, INCLUDING THE BOARD CHAIR, THE PRESIDENT/CEO, THE MUSIC DIRECTOR AND A MINIMUM OF FOUR MUSICIAN TRUSTEES AND AT-LARGE MEMBERS ELECTED BY THE BOARD OF TRUSTEES. MEMBERS OF THE EXECUTIVE COMMITTEE SHALL HOLD OFFICE UNTIL THE NEXT ANNUAL ORGANIZATIONAL MEETING OF THE BOARD OR THE ELECTION AND QUALIFICATION OF SUCCESSORS. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE, IN THE INTERIM BETWEEN MEETINGS OF THE BOARD, ANY AND ALL POWERS AND AUTHORITY OF THE ENTIRE BOARD OF TRUSTEES, EXCEPT AS OTHERWISE PROVIDED BY THE ACT, BY THE ARTICLES, OR BY THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 2 JERRY KERN AND MARY ROSSIK KERN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 ALL TENURED MUSICIANS SHALL BE MEMBERS OF THE ASSOCIATION. GENERAL MEMBERS: ANY CORPORATION, PARTNERSHIP, TRUST, FOUNDATION, OR ANY OTHER ENTITY, WHICH SHALL HAVE PAID AN ANNUAL CONTRIBUTION IN THE MINIMUM AMOUNT SET BY THE TRUSTEES FROM TIME TO TIME, SHALL BE MEMBERS OF THE ASSOCIATION. ANY MEMBER WHO IS A MEMBER OF THE COLORADO SYMPHONY LEAGUE SHALL ALSO BE A MEMBER OF THE ASSOCIATION. SPECIAL CONTRIBUTORS: ALL PERSONS WHO HAVE MADE SUBSTANTIAL CONTRIBUTIONS TO THE ASSOCIATION, EITHER THROUGH EXTRAORDINARY GIFTS OR OTHER GENERAL OR SPECIFIC ACTS OF SIGNIFICANT SUPPORT, ASSISTANCE OR PARTICIPATION AND WHO ARE ELECTED TO MEMBERSHIP IN THE ASSOCIATION AT THE ANNUAL MEETING (THE "SPECIAL CONTRIBUTORS"), SHALL BE MEMBERS OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE ASSOCIATION SHALL BE ENTITLED TO RECEIVE NOTICE AND TO VOTE AT MEETINGS OF MEMBERS. EACH MEMBER OF THE ASSOCIATION IS ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. A MEMBER OF THE ASSOCIATION ENTITLED TO VOTE MAY VOTE IN PERSON OR BY PROXY EXECUTED IN WRITING BY THE MEMBER OF THE ASSOCIATION OR ITS DULY AUTHORIZED ATTORNEY-IN-FACT. NO PROXY MAY BE VALID AFTER ELEVEN MONTHS FROM THE DATE OF ITS EXECUTION UNLESS OTHERWISE PROVIDED IN THE PROXY. FORM 990, PART VI, SECTION B, LINE 11 AN UNREDACTED COPY OF THE FORM 990 IS REVIEWED BY ALL TRUSTEES OF THE FINANCE COMMITTEE PRIOR TO FILING. IN ADDITION, A REDACTED COPY OF THE TAX RETURN IS SENT TO THE ENTIRE BOARD FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE COLORADO SYMPHONY ASSOCIATION (CSA) HAS A CONFLICT OF INTEREST POLICY COVERING OFFICERS, DIRECTORS, COMMITTEE MEMBERS, MUSICIAN TRUSTEES, STAFF MEMBERS, AND CERTAIN CONSULTANTS (IF APPROPRIATE). EACH RESPONSIBLE PERSON MUST ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES THAT COULD CONTRIBUTE TO A POTENTIAL CONFLICT OF INTEREST. THE DISCLOSURE FORM MUST BE SUBMITTED TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR REVIEWING POTENTIAL CONFLICTS OF INTEREST AND HANDLING WHAT IT DETERMINES TO BE ACTUAL CONFLICTS OF INTEREST IN THE MANNER DESCRIBED IN THE POLICY UNDER "REVIEWING AND MANAGING CONFLICTS OF INTEREST". IF THE EXECUTIVE COMMITTEE OR RESPONSIBLE PERSON BECOMES AWARE THAT CSA IS ABOUT TO ENTER INTO OR MAKE ANY DECISION INVOLVING A CONFLICTING INTEREST TRANSACTION WITH THE RESPONSIBLE PERSON, A FAMILY MEMBER, A FRIEND, OR A RELATED ENTITY, THE RESPONSIBLE PERSON MUST: 1) IMMEDIATELY INFORM THOSE CHARGED WITH APPROVING THE TRANSACTION ON BEHALF OF CSA OF THE CONFLICT OF INTEREST 2) AID THE PERSONS CHARGED WITH MAKING THE DECISION BY DISCLOSING TO SUCH PERSON(S) ANY MATERIAL FACTS THAT BEAR ON THE ADVISABILITY OF THE TRANSACTION FROM THE STANDPOINT OF CSA AND 3) NOT PARTICIPATE IN THE DELIBERATION OR VOTE ON THE DECISION TO ENTER INTO SUCH TRANSACTION, AND NOT ATTEMPT TO EXERT HIS OR HER INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. THE EXECUTIVE COMMITTEE WILL REPORT TO THE BOARD AT ITS NEXT REGULAR MEETING THE RESULTS OF ANY REVIEW AND THE ACTION TAKEN. FORM 990, PART VI, SECTION B, LINE 15 NO COMPENSATION INCREASES WERE MADE FOR THE CEO. AT A FUTURE TIME, WHEN AND IF APPROPRIATE, COMPENSATION INCREASES MAY OCCUR AFTER COMPARING THE CURRENT COMPENSATION WITH COMPENSATION BASED ON SIMILARLY QUALIFIED PERSONS IN COMPARABLE ORGANIZATIONS AND AFTER ANALYZING THE VALUE BROUGHT TO THE CSA BY THE PRESIDENT AND CEO. SENIOR MANAGEMENT TEAM COMPENSATION INCREASED ON SEPTEMBER 1, 2014. COMPENSATION INCREASES OCCURRED AFTER COMPARING THE CURRENT COMPENSATION WITH COMPENSATION BASED ON SIMILARLY QUALIFIED PERSONS IN COMPARABLE ORGANIZATIONS AND AFTER ANALYZING THE VALUE BROUGHT TO THE CSA BY SENIOR MANAGEMENT STAFF PERSON(S). THE PRESIDENT AND CEO WORKED WITH THE GOVERNING BODY AND INFORMED THEM OF THE RECOMMENDED CHANGE. 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 REQUEST, VIA MAIL, EMAIL OR IN PERSON AT ITS OFFICES. FORM 990, PART XI, LINE 9: TRANSFER OF ASSETS FROM COLORADO SYMPHONY FOUNDATION -8,936,415. THE SYMPHONY FUND 1000 14TH STREET 15 DENVER CO 80202 260138249 RAISE, HOLD & ADMINISTER FUNDS FOR OPERATING NEEDS OF SYMPHONY ASSOCIATION CO 501(C)(3) LINE 11A, I COLORADO SYMPHONY ASSOCIATION 1 COLORADO SYMPHONY FOUNDATION 633 17TH STREET STE 3000 DENVER CO 80202 841257033 SUPPORT THE PURPOSES OF COLORADO SYMPHONY ASSOCIATION CO 501(C)(3) LINE 11D, III-O N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 THE SYMPHONY FUND C 2903496 CASH THE SYMPHONY FUND R 8936415 COST