2016-07-08T06:19:36-05:00 2015-08-31 570381582 ELLIOTT DAVIS DECOSIMO LLCPLLC 100 CALHOUN ST STE 300 CHARLESTON SC 29401 990 2014-09-01 570660848 SPOLETO FESTIVAL USA INC SPOL 8437222764 14 GEORGE ST CHARLESTON SC 29401 TASHA GANDY DIRECTOR OF FINANCE 8437222764 2016-06-30 1 BRANDON T RENAUD P00743576 8435777040 2014 2016-09-27 15:27:22Z NIGEL REDDEN 14 GEORGE STREET CHARLESTON SC 29401 9599138 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. 37 37 387 441 61024 -63794 5074496 5202847 3081345 3039858 102250 183498 352193 421745 8610284 8847948 0 0 0 0 2521316 2624109 0 0 702192 5221208 5431893 7742524 8056002 867760 791946 17418287 17117060 1910927 1362303 15507360 15754757 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 5601444 3054231 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 40TH 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. 5601444 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 1 0 0 1 0 0 0 0 1 0 0 0 1 148 0 1 387 1 1 1 0 0 0 0 1 1 0 0 X 37 37 0 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 NIGEL REDDEN GENERAL DIRECTOR (EMPLOYEE) 40.00 X X 253495 0 9849 TASHA GANDY DIRECTOR OF FINANCE (EMPLOYEE) 40.00 X X 113965 0 13169 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 MRS VALERIE M BARNET DIRECTOR 0.30 X 0 0 0 MR HENRY J BLACKFORD III DIRECTOR 0.30 X 0 0 0 MRS AMY BLUMENTHAL DIRECTOR 0.30 X 0 0 0 MRS TIPPY STERN BRICKMAN DIRECTOR 0.30 X 0 0 0 MRS JOAN S COKER DIRECTOR 0.30 X 0 0 0 MR LEONARD S COLEMAN JR DIRECTOR 0.30 X 0 0 0 MR LEGRAND ELEBASH 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 MR BARRY I KALINSKY DIRECTOR 0.30 X 0 0 0 MRS DEBORAH KENNEDY KENNARD DIRECTOR 0.30 X 0 0 0 DR GEORGE KHOURY 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 MS CAROLYN CARTER STARR 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 MRS HELLENA HUNTLEY TIDWELL DIRECTOR 0.30 X 0 0 0 MR PAUL G TRIPPE DIRECTOR 0.30 X 0 0 0 367460 0 23018 2 0 1 0 COLLEGE OF CHARLESTON 66 GEORGE STREET CHARLESTON SC 29424 FACILITY RENTALS 371474 SHAKESPEARES GLOBE THEATRE COMPANY 21 NEW GLOBE WALK BANKSIDE LONDON UK PERFORMANCE FEE, LESS PER DIEM 193450 TECHNICAL THEATER SOLUTIONS LLC PO BOX 21420 CHARLESTON SC 29413 PRODUCTION SERVICES 182889 SCOTTISH NATIONAL BALLET TRAMWAY 25 ALBERT DRIVE GLASGOW UK PERFORMANCE FEE 115000 THE MASQUE SOUND AND RECORDING CORP 21 EAST UNION AVE EAST RUTHERFORD NJ 07073 EQUIPMENT RENTAL 112893 5 332479 4870368 70918 5202847 ADMISSION SALES 711300 2866280 2866280 CO-PRODUCTION FEES 711300 170000 170000 BOX OFFICE HANDLING FE 711300 3578 3578 3039858 185495 185495 222891 58238 202056 62554 20835 -4316 16519 -4316 20835 185000 185072 1925 -72 -1925 -1997 -1997 621530 296017 325513 325513 9080 3566 5514 5514 ADVERTISING 541800 65340 65340 OTHER REVENUE 711300 8859 8859 74199 8847948 3054231 61024 529846 2208972 1224843 464521 519608 52595 29163 11060 12372 199072 110382 41863 46827 163470 90642 34376 38452 128517 35426 92491 600 182964 182964 145528 55542 80675 9311 51291 26652 16426 8213 890089 810579 61206 18304 72836 72836 637982 637982 142329 39130 89069 14130 PERFORMANCE FFES 1752572 1752572 GENERAL PRODUCTION 293798 293798 REPAIRS 288780 187238 81161 20381 LIGHTING, SOUND AND VID 230941 230941 614266 531572 68700 13994 8056002 5601444 1752366 702192 483497 285761 3004777 2963746 83131 18593 4000 4000 201872 190525 12175734 5108376 7526731 7067358 5830934 6268420 283345 318657 17418287 17117060 164435 167535 30658 83934 1715834 1110834 1910927 1362303 X 7062156 5660084 876058 2154129 7569146 7940544 15507360 15754757 17418287 17117060 X 791946 -579859 35310 X X 0 1 X 1 0 X 2958354 3540976 5802088 5074496 5202847 22578761 63350 62350 9350 8450 8450 151950 3021704 3603326 5811438 5082946 5211297 22730711 1407258 21323453 540388 317691 615678 367388 281129 2122274 1184 17915 19099 16655 35939 93859 28784 8859 184096 25056180 15687759 0.85100 0.82840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8611196 371398 -434515 185000 8363079 6205036 1760189 815971 170000 8611196 4087112 1934073 353851 170000 6205036 3676927 295292 284893 170000 4087112 3430991 10411 405525 170000 3676927 0.00000 0.95000 0.05000 0 0 4312847 1735672 2577175 6585603 2296801 4288802 1099003 928493 170510 178281 147410 30871 7067358 X 8664740 -579858 136881 299920 -143057 8807797 40151 40151 8847948 8417342 136882 264609 401491 8015851 40151 40151 8056002 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 35,311. RENTAL EXPENSES 264,609. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 264,609. OPENING NIGHT FETE 108200 108200 8958 28999 1000 17663 SFUSA ORCHESTRA AUCTION 285830 285830 5505 19615 30314 4 227500 227500 183963 621530 621530 14463 48614 1000 231940 296017 325513 X X X X 0 0 0 0 0 0 0 0 0 NIGEL REDDEN GENERAL DIRECTOR (EMPLOYEE) 253495 0 0 0 0 0 9225 0 624 0 263344 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. THE LINCOLN CENTER FOR THE PERFORMING ARTS INC GENERAL DIRECTOR OF ORGANIZATION IS ALSO DIR OF LINCOLN CENTER FESTIVAL 135000 ON FEBRUARY 24, 2015, SPOLETO FESTIVAL USA SIGNED A CO-COMMISSIONING AND CO-PRODUCTION AGREEMENT WITH THE LINCOLN CENTER FOR THE PERFORMING ARTS, INC. ("LINCOLN CENTER") TO CO-COMMISSION AND CO-PRODUCE PARADISE INTERRUPTED, AN OPERA. THE OPERA WAS PERFORMED AT THE 2015 SPOLETO FESTIVAL USA, AND CAN BE PERFORMED AT LINCOLN CENTER FESTIVAL IN THE FUTURE. THE AGREEMENT PROVIDED THAT LINCOLN CENTER WOULD PAY THE FESTIVAL A CO-COMMISSIONING FEE OF $50,000 AND A CO-PRODUCTION FEE OF $85,000. THE GENERAL DIRECTOR OF SPOLETO FESTIVAL USA IS ALSO THE DIRECTOR OF THE LINCOLN CENTER FESTIVAL. 0 0 X 8 70918 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 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 XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 35,310. FORM 990, PAGE 12, PART XI, LINE 10 THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. FESTIVAL FOUNDATION INC 14 GEORGE STREET CHARLESTON SC 29401 131863337 FFESTIVAL SC 501 LINE 9 SPOLETO FESTIVAL USA INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0