2016-02-02T07:44:12-06:00 2015-06-30 271728945 O'CONNOR DAVIES LLP 3001 SUMMER STREET 5TH FL EAST STAMFORD CT 06905 990 2014-07-01 066100039 THE STAMFORD SYMPHONY ORCHESTRA INC STAM 2033251407 263 TRESSER BLVD STAMFORD CT 06901 BARBARA SOROCA CEO & PRESIDENT 2033251407 2016-02-02 1 ROBIN STRONG P00713382 2033232400 2016-02-02 2014 2016-04-25 22:37:26Z BARBARA SOROCA 263 TRESSER BLVD STAMFORD CT 06901 1761865 0 X WWW.STAMFORDSYMPHONY.ORG X 1977 CT THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PERFORM AND ENCOURAGE THE UNDERSTANDING, APPRECIATION, AND STUDY OF THE ART OF MUSIC. THE ORGANIZATION MANAGES AND SUPERVISES THE STAMFORD SYMPHONY ORCHESTRA, AS WELL AS PROVIDING EDUCATIONAL AND OUTREACH PROGRAMS. 28 27 145 0 0 0 790730 808320 387481 440188 87670 87385 10930 35100 1276811 1370993 1750 12625 0 0 867906 956926 0 0 139818 498029 438072 1367685 1407623 -90874 -36630 1702036 1654257 286991 336119 1415045 1318138 THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PERFORM AND ENCOURAGE THE UNDERSTANDING, APPRECIATION, AND STUDY OF THE ART OF MUSIC. THE ORGANIZATION MANAGES AND SUPERVISES THE STAMFORD SYMPHONY ORCHESTRA, AS WELL AS PROVIDING EDUCATIONAL AND OUTREACH PROGRAMS. 0 0 936374 422238 CLASSICAL RECITAL AND MUSICAL PERFORMANCES THROUGHOUT THE YEAR. INCREASED ACCESSABILITY TO LIVE CLASSICAL MUSIC TO A BROADER RANGE OF THE COMMUNITY, INCLUDING CHILDREN. 18000 12625 17950 EDUCATION OUTREACH PROGRAMS FOR ALL AGES OF SCHOOL CHILDREN IN STAMFORD AND OTHER FAIRFIELD COUNTY SCHOOLS. 954374 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 145 1 0 0 0 0 0 1 1 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT X BARBARA SOROCA 2033251407 263 TRESSER BLVD STAMFORD CT 069013236 ALAN MCINTYRE CHAIRMAN 1.00 X X 0 0 0 MICHAEL PULEO BOARD MEMBER 1.00 X X 0 0 0 MICHAEL MAYONE TREASURER 1.00 X X 0 0 0 PENNY YOUNG SECRETARY 1.00 X 0 0 0 SAM ABERNETHY BOARD MEMBER 1.00 X 0 0 0 STEPHEN ALPERT BOARD MEMBER 1.00 X 0 0 0 PETER ANKER BOARD MEMBER 1.00 X 0 0 0 RICHARD BLOMBERG BOARD MEMBER 1.00 X 0 0 0 COLETTE CHESTNUT SECRETARY 1.00 X 0 0 0 DR AARON FLAGG BOARD MEMBER 1.00 X 0 0 0 JEFF FORD BOARD MEMBER 1.00 X 0 0 0 JULIET H FORRESTER-ALEXANDRE BOARD MEMBER 1.00 X 0 0 0 SHARI GOODSTEIN BOARD MEMBER 1.00 X 0 0 0 TOMAS HAENDLER BOARD MEMBER 1.00 X 0 0 0 ROBERT C HALL BOARD MEMBER 1.00 X 0 0 0 THOMAS HERBIG BOARD MEMBER 1.00 X 0 0 0 JOHN JOVE BOARD MEMBER 1.00 X 0 0 0 DANIEL KOHN BOARD MEMBER 1.00 X 0 0 0 ROBERT LARDON BOARD MEMBER 1.00 X 0 0 0 DR DAVID MARTIN BOARD MEMBER 1.00 X 0 0 0 DINESH PALIWAL BOARD MEMBER 1.00 X 0 0 0 STEVEN C PARRISH BOARD MEMBER 1.00 X 0 0 0 ECKART PREU BOARD MEMBER 1.00 X 0 0 0 ARNOLD RUTKIN BOARD MEMBER 1.00 X 0 0 0 ANDRES SIEFKEN BOARD MEMBER 1.00 X 0 0 0 JOSEPH STEUERT BOARD MEMBER 1.00 X 0 0 0 ROBERT WHITBY BOARD MEMBER 1.00 X 0 0 0 BARBARA SOROCA CEO & PRESIDENT 35.00 X 154558 0 48267 154558 0 48267 1 0 1 0 0 90515 32872 684933 808320 SUBSCRIPTIONS & BOX OF 711130 347979 347979 CONTRACT FEES 711130 69290 69290 PROGRAM BOOK 711130 17950 17950 MUSIC STAND AND RELATE 711130 4969 4969 440188 72867 72867 361730 347212 14518 14518 14518 77540 90515 43660 33880 33880 OTHER INCOME 900099 1220 1220 1220 1370993 440188 0 122485 X 12625 12625 185346 124182 40776 20388 612689 410501 134792 67396 89507 59970 19691 9846 36596 24519 8051 4026 32788 21968 7214 3606 13500 13500 215325 166500 42177 6648 41099 41099 67984 51130 8758 8096 228 228 54436 38973 10825 4638 5297 5297 3880 2638 1242 21108 21108 MISCELLANEOUS 15215 41 15174 1407623 954374 313431 139818 5279 4971 197800 122365 43477 87880 2525 12858 97085 79131 21833 17954 1427475 1404582 3647 3647 1702036 1654257 76919 116118 210072 220001 286991 336119 X 1080729 967171 334316 350967 1415045 1318138 1702036 1654257 -36630 -60277 0 X X 0 1 X 1 0 X 807440 853734 777237 790730 808320 4037461 807440 853734 777237 790730 808320 4037461 846841 3190620 43162 58910 71617 65331 72867 311887 8581 27452 9301 33880 79214 5626 4140 3280 1629 1220 15895 4444457 2143391 0.71790 0.74520 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2010 AMOUNT: $ 5,626. 2011 AMOUNT: $ 4,140. 2012 AMOUNT: $ 3,280. 2013 AMOUNT: $ 1,629. 2014 AMOUNT: $ 1,220. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6500 6500 0 88406 72268 16138 2179 363 1816 17954 EQUITY MUTUAL FUNDS 474238 F TERM BOND FUNDS 930344 F 1404582 X 1368018 -60277 57302 -2975 1370993 0 1370993 1464925 57302 57302 1407623 0 1407623 PART X, LINE 2: THE SYMPHONY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SYMPHONY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. THE SYMPHONY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAX JURISDICTIONS FOR PERIODS PRIOR TO 2012. GALA 168055 90515 77540 8129 21813 2290 11428 168055 90515 77540 8129 21813 2290 11428 43660 33880 0 SCHOLARSHIP 6 12625 X X 0 1 0 0 0 0 0 0 0 BARBARA SOROCA CEO & PRESIDENT 154558 0 0 0 0 0 44175 0 4092 0 202825 0 0 0 PART I, LINE 4B FORM 990, SCHEDULE J, PART I, LINE 4 (B) BARBARA SOROCA, CEO & PRESIDENT OF THE STAMFORD SYMPHONY ORCHESTRA, INC., PARTICIPATED IN A 457(F) DEFERRED COMPENSATION PLAN IN THE CURRENT YEAR. IN ACCORDANCE WITH THE JULY 2013 AND JULY 2014 CONTRACTED TERMS, BARBARA SOROCA EARNED $39,000 AND $40,621 OF DEFERRED COMPENSATION IN EACH YEAR RESPECTIVELY AND THE AMOUNT IS REPORTED IN FORM 990, SCHEDULE J, PART II, LINE 1 (C), RETIREMENT AND OTHER DEFERRED COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11 1. THE CEO AND THE AUDIT COMMITTEE OF THE ORGANIZATION WILL REVIEW THE FORM 990 PRIOR TO CIRCULATING IT TO THE GOVERNING BODY (BOARD MEMBERS) TO ENSURE THAT IT CORRECTLY REFLECTS ALL ACTIVITIES AND POLICIES OF THE ORGANIZATION. 2. AFTER THE AUDIT COMMITTEE'S REVIEW, THE FORM 990 WILL BE CIRCULATED TO THE GOVERNING BODY. ANY QUESTIONS, SUGGESTIONS OR CONCERNS FROM ANY BOARD MEMBER WITH RESPECT TO THE FORM 990 WILL BE ADDRESSED BY A MEMBER OF THE AUDIT COMMITTEE PRIOR TO THE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES ARE REQUIRED TO DISCLOSE WHEN THEY COME ONTO THE BOARD OF DIRECTORS OR ARE HIRED, ANY CONFLICT OF INTEREST THEY MAY HAVE FOR ANY MATTER THAT COMES BEFORE THE BOARD OF DIRECTORS. EACH BOARD MEMBER IS AWARE OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND THEIR FIDUCIARY RESPONSIBILITY TO ABIDE BY IT. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO'S BASE COMPENSATION IS SUBJECT TO REVIEW EACH FISCAL YEAR. HIS/HER SALARY IS GENERALLY INCREASED IN LINE WITH THE COST-OF-LIVING INCREASE GRANTED TO THE SSO FULL-TIME STAFF. HOWEVER, THE PRESIDENT/CEO WILL BE ELIGIBLE TO EARN AN ANNUAL PERFORMANCE BONUS TO THE EXTENT THAT HE/SHE MEETS AND EXCEEDS GOALS AGREED UPON IN ACCORDANCE WITH THE PROCEDURES SET FORTH BELOW. EARLY IN EACH FISCAL YEAR, THE PRESIDENT/CEO MEETS WITH THE BOARD CHAIR AND THE CHAIR OF THE PERSONNEL COMMITTEE TO AGREE UPON THE PRESIDENT/CEO'S PERFORMANCE OBJECTIVES FOR THE COMING YEAR. GOALS ARE BOTH QUALITATIVE AND QUANTITATIVE. THE PRESIDENT/CEO'S PERFORMANCE IS REVIEWED BY THE BOARD CHAIR AND THE CHAIR OF THE PERSONNEL COMMITTEE AFTER THE END OF EACH FISCAL YEAR, AT WHICH TIME, THE PERSONNEL COMMITTEE MEETS TO DETERMINE WHETHER PAYMENT OF A BONUS TO THE PRESIDENT/CEO IS APPROPRIATE AND, IF SO, THE AMOUNT OF THE BONUS. THE AMOUNT OF THE PRESIDENT/CEO'S RECOMMENDED BONUS AND THE AMOUNT OF THE COST OF LIVING INCREASE GRANTED TO THE PRESIDENT/CEO AND ALL OTHER MEMBERS OF THE SSO FULL TIME STAFF IS PRESENTED TO THE BOARD FOR APPROVAL AT AN EXECUTIVE SESSION AT WHICH ONLY BOARD MEMBERS ARE PRESENT AND AT WHICH THE PRESIDENT/CEO IS NOT PRESENT. B) OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATIONS SAME AS ABOVE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE COPIES OF ITS CERTIFICATE OF INCORPORATION, BYLAWS (WHICH INCLUDE THE CONFLICT OF INTEREST POLICY) AND THE AUDITED FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART IX, LINE 11G GUEST ARTISTS: PROGRAM SERVICE EXPENSES 46,380. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,380. EDUCATIONAL AND MUSIC INSTRUCTORS: PROGRAM SERVICE EXPENSES 23,939. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,939. STAGE HANDS: PROGRAM SERVICE EXPENSES 26,140. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,140. OTHER THEATRE PERSONNEL: PROGRAM SERVICE EXPENSES 13,016. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,016. MARKETING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 6,648. TOTAL EXPENSES 6,648. OTHER: PROGRAM SERVICE EXPENSES 667. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 667. SERVICE FEES: PROGRAM SERVICE EXPENSES 12,052. MANAGEMENT AND GENERAL EXPENSES 3,013. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,065. OTHER PRODUCTION COSTS: PROGRAM SERVICE EXPENSES 42,556. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,556. OPERATIONAL MANAGEMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 39,164. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,164. RECORDING ENGINEER: PROGRAM SERVICE EXPENSES 1,750. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,750. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED SINCE THE PREVIOUS YEAR.