2016-02-09T16:09:39-06:00 2015-06-30 420714325 MCGLADREY LLP 230 N ELM ST SUITE 1100 GREENSBORO NC 27401 990 2014-07-01 560556755 NORTH CAROLINA SYMPHONY SOCIETY INC NORT 9197332750 3700 GLENWOOD AVE NO 130 RALEIGH NC 27612 SANDI MA MACDONALD PRESIDENT & CEO 9197332750 2016-02-06 ADRIENNE MCKINNEY P00819656 3362724551 2014 2016-08-17 19:52:53Z SANDI MA MACDONALD 3700 GLENWOOD AVE NO 130 RALEIGH NC 27612 15402582 0 X NCSYMPHONY.ORG X 1932 NC PROMOTE AND FOSTER THE MUSICAL CULTURE AND EDUCATION OF THE COMMUNITIES OF NC. 57 57 246 150 0 0 8091496 10735700 4418592 4465470 88 25428 231123 141370 12741299 15367968 0 0 0 0 8998654 9064290 25243 712 1016456 4491798 4407073 13515695 13472075 -774396 1895893 3445007 6022847 4745903 5413604 -1300896 609243 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 11177511 4539445 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 SUCH AS "NORTH (CONTINUED ON SCHEDULE O) (CONTINUED FROM PAGE 2) CAROLINA REMEMBERS 9-11 AND PERFORMANCES MARKING THE U.S. OPENS IN NORTH CAROLINA 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. 11177511 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 1 1 0 0 0 0 1 1 1 0 0 1 132 0 1 246 1 0 0 0 0 0 1 1 0 0 0 0 X 57 57 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 X JEFFREY A CORBETT CHAIR 5.00 2.00 X X 0 0 0 CATHARINE BIGGS ARROWOOD 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 DON DAVIS 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 THE HONORABLE JUNE ATKINSON TRUSTEE 1.00 X 0 0 0 JOE BASTIAN 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 3.00 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 JAMES 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 2.00 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 3.00 X 0 0 0 JERRY HWANG TRUSTEE 1.00 X 0 0 0 SECRETARY SUSAN W 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 3.00 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 3.00 X 0 0 0 SHARAT NAGARAJ TRUSTEE 1.00 X 0 0 0 FLORENCE PEACOCK TRUSTEE 1.00 X 0 0 0 DR EMILY MANN PECK TRUSTEE 1.00 X 0 0 0 ASHLEY MATLOCK PERKINSON TRUSTEE 1.00 X 0 0 0 DR R SCOTT RALLS TRUSTEE 1.00 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 X 210000 0 11454 ROBERT SCHILLER SENIOR VICE PRESIDENT & CFO 60.00 X 125000 0 796 GRANT LLEWELLYN MUSIC DIRECTOR 25.00 X 239942 0 2354 MARTIN SHER VICE PRESIDENT & GENERAL MANAGER 50.00 X 115000 0 14642 RAY WILLIAMS JR SENIOR DIRECTOR FOR PUBLIC AFFAIRS 50.00 X 110450 0 850 BRIAN REAGIN MUSICIAN 40.00 X 103706 0 17777 904098 0 47873 6 0 1 0 SOUTHERN EXPRESS 1300 EAST PETTIGREW STREET DURHAM NC 277014243 BUS TRANS FOR MUSICIANS 109666 COLUMBIA ARTISTS 5 COLUMBUS CIRCLE 1790 BROADWAY NEW YORK NY 10019 GUEST ARTIST MANAGEMENT 101760 2 99336 485507 4005391 6145466 2168242 10735700 CONCERT REVENUE 711190 4465470 4465470 4465470 23880 23880 1548 0 1548 1548 1548 102009 99336 34614 67395 67395 MISCELLANEOUS 900099 62779 62779 SALES 711190 11196 11196 73975 15367968 4539445 0 92823 594500 252000 237500 105000 6365907 5605415 337337 423155 303680 303680 1304468 1101321 112556 90591 495735 420096 44069 31570 22148 22148 712 712 1189708 849900 76385 263423 532371 532371 27230 10009 16546 675 151893 151893 245137 231231 9442 4464 13030 7023 4638 1369 86003 86003 65197 33038 32159 191528 115593 75935 GUEST ARTISTS 1079217 1079217 PRINTING AND PUBLICATIO 186884 167087 269 19528 BOX OFFICE 167250 167250 EQUIPMENT MAINTENANCE 162128 146512 15616 287349 155768 55612 75969 13472075 11177511 1278108 1016456 140088 246705 2358358 2927726 23772 21094 402252 440537 207762 273344 852982 698551 215531 154431 97244 1959010 3445007 6022847 525012 607393 1816890 1807118 94314 965469 2309687 2033624 4745903 5413604 X -1300896 -4702301 5311544 -1300896 609243 3445007 6022847 1895893 14246 0 X X 0 1 X 1 0 X 8447455 8016457 8182971 8091496 10620378 43358757 343319 329554 418824 418856 400775 1911328 8790774 8346011 8601795 8510352 11021153 45270085 1847645 43422440 3631 1081 229 88 23880 28909 121043 169460 122185 231123 89991 733802 46032796 20338552 0.94330 0.97300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 0 0 0 0 1 108131 0 0 108131 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 $2,500 FOR FY2015 AND A PORTION OF THIS WILL GO TOWARD LOBBYING. OUR STAFF IS INVOLVED IN THE LEGISLATIVE BUDGET PROCESS EACH YEAR DUE TO A STATE GRANT AND IN-KIND FUNDS RECEIVED FROM THE STATE OF NORTH CAROLINA DEPARTMENT OF CULTURAL RESOURCES. OUR PRESIDENT SERVES AS A DIVISION DIRECTOR WITHIN THE DEPARTMENT OF CULTURAL RESOURCES. OUR BOARD OF DIRECTORS IS INVOLVED IN INDIVIDUAL EFFORTS TO MAINTAIN OUR STATE SUPPORT. DURING THE 2015 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 $15,593. AMONG THEIR ACTIVITIES IS GOVERNMENTAL AFFAIRS AND LOBBYING FOR ISSUES RELATED TO THE ARTS. THE LEAGUE OF AMERICAN ORCHESTRAS SPENDS 2% ON LOBBYING EFFORTS. 1953857 35566 116916 1872507 0.00000 1.00000 0 1 1 94344 87104 7240 619879 550237 69642 138759 61210 77549 154431 INTERCOMPANY PAYABLE 606837 OBLIGATIONS UNDER CAPITAL LEASE 18081 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 66261 LINE OF CREDIT 1342445 2033624 X 15332096 14246 400775 34614 449635 14882461 485507 485507 15367968 13907464 400775 34614 435389 13472075 0 13472075 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 34,614. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT FROM SUPPORTING ORGANIZATION 485,507. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 34,614. SCH D, 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 A THE INVESTMENT COMMITTEE, COMPRISED OF MEMBERS OF BOTH ORGANIZATIONS' BOARDS. BRANFORD AND FRIENDS 135195 66936 68259 15289 FRIENDS OF NOTE LUNCHEON 66150 32400 33750 19325 201345 99336 102009 34614 34614 67395 SCH G THE BRANFORD AND FRIENDS FUNDRAISING EVENT NETTED $119,906, INCLUDING BOTH GROSS TICKET SALES AND CONTRIBUTIONS RECEIVED. THE FRIENDS OF NOTE FUNDRAISING EVENT NETTED $46,825, INCLUDING BOTH GROSS TICKET SALES AND CONTRIBUTIONS RECEIVED. X 0 1 X X X X X 0 0 0 0 0 0 0 0 0 SANDI MA MACDONALD PRESIDENT & CEO 210000 0 0 0 0 0 0 0 11454 0 221454 0 0 0 GRANT LLEWELLYN MUSIC DIRECTOR 239942 0 0 0 0 0 0 0 2354 0 242296 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES AN APARTMENT FOR 12 WEEKS PER YEAR FOR MUSIC DIRECTOR, GRANT LLEWELLYN. SHARAT NAGARAJ TRUSTEE 26683 IT EQUIPMENT AND SERVICESMR. NAGARAJ IS ON THE BOARD OF TRUSTEES. THE ORGANIZATION HAS PURCHASED ITS EQUIPMENT AND SUPPORT SERVICES FROM HIS COMPANY FOR 13 YEARS PRIOR TO HIS JOINING THE BOARD, AND CONTINUES THAT RELATIONSHIP. 0 X 12 2168242 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 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. CEO AND MUSIC DIRECTOR SALARIES ARE REVIEWED BY A COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A: GRANT LLEWELLYN'S COMMITMENT TO NORTH CAROLINA SYMPHONY IS HIS FOREMOST PROFESSIONAL RESPONSIBILITY. FOR THE 2014-15 SEASON, MR. LLEWELLYN WAS SCHEDULED TO CONDUCT 13 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. 990 PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR. 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 485507 CASH NC SYMPHONY FOUNDATION INC D 166300 CASH