2015-03-10T09:59:52-05:00 2014-08-31 205788602 GLASERDUNCAN CPAS 1040 ANNA KNAPP BLVD MOUNT PLEASANT SC 29464 990 2013-09-01 570660848 SPOLETO FESTIVAL USA INC SPOL 8437222764 14 GEORGE STREET CHARLESTON SC 29401 TASHA GANDY DIRECTOR OF FINANCE 8437222764 2015-03-10 1 ERIK M GLASER CPA P00724565 8438490655 2013 2016-02-25 16:41:14Z NIGEL REDDEN 14 GEORGE STREET CHARLESTON SC 29401 10376561 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. 45 45 374 420 105863 -19870 5802088 5074496 3197235 3081345 404988 102250 445027 352193 9849338 8610284 0 0 0 0 2285298 2521316 0 0 701560 5221988 5221208 7507286 7742524 2342052 867760 16291409 17418287 2365515 1910927 13925894 15507360 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 6073753 3111804 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 39TH SEASON, SPOLETO FESTIVAL USA IS INTERNATIONALLY RECOGNIZED AS AMERICA'S PREMIER PERFORMING ARTS FESTIVAL.THE 2014 FESTIVAL INCLUDED OPERA PERFORMANCES OF "KAT'A KABANOVA", "FACING GOYA" AND "EL NINO"; THEATER PERFORMANCES OF "A BRIMFUL OF ASHA" AND "MY COUSIN RACHEL"' PHYSICAL THREATER PERFORMANCES OF "A SIMPLE PLACE" AND "ILONA JANTTI"; DANCES PEFORMANCES FROM DORRANCE DANCE, GREG MAQOMA/VUYANI DANCE THEATER, HUBBARD STREET DANCE CHICAGO AND KEIGWIN AND COMPANY; MUSIC PEFORMANCES OF BANK OF "AMERICA CHAMBER MUSIC", "INTERMEZZI," "MUSIC IN TIME," "WESTMINSTER CHOIR LEGENDS,"CONCERTO FOR ORCHESTRA," "BEETHOVEN TRANSFORMED," "AN EVENING WITH MICHAEL NYMAN" AND "WELLSFARGO FESTIVAL FINALE FEATURING SHOVELS AND ROPE;" MUSIC PERFORMANCES BY BELA FLECK AND ABIGAIL WASHBURN, KAT EDMONSON AND KRUGER BROTHERS; JAZZ PERFORMANCES FROM ACA SECA TRIO, CHARENEE WADE, DANILO BRITO, GWILYM SIMCOCK, LUCINDA WILLIAMS, RENE MARIE AND HAKON KORNSTAD; AND ARTIST TALKS WITH "CONVERSATION WITH".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. 6073753 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 0 0 0 1 0 0 0 0 1 0 0 0 1 123 0 374 1 1 1 0 0 0 0 0 0 0 0 0 X 45 45 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 M EDWARD SELLERS PRESIDENT 2.00 X X 0 0 0 RONALD D ABRAMSON TREASURER 2.00 X X 0 0 0 JENNIE L DESCHERER VICE PRESIDENT 1.00 X X 0 0 0 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 W LUCAS SIMONS VICE PRESIDENT 1.00 X X 0 0 0 JOEL A SMITH III VICE PRESIDENT 1.00 X X 0 0 0 MACK I WHITTLE JR VICE PRESIDENT 1.00 X X 0 0 0 JOHN B HAGERTY SECRETARY AND GENERAL COUNSEL 1.00 X X 0 0 0 KATHERINE I BUTLER-BACHMANN DIRECTOR 0.30 X 0 0 0 DENISE BARTO DIRECTOR 0.30 X 0 0 0 HENRY J BLACKFORD III DIRECTOR 0.30 X 0 0 0 TIPPY STERN BRICKMAN DIRECTOR 0.30 X 0 0 0 JOAN S COKER DIRECTOR 0.30 X 0 0 0 LEONARD S COLEMAN JR DIRECTOR 0.30 X 0 0 0 ALICIA MULLEN GREGORY DIRECTOR 0.30 X 0 0 0 PENELOPE C HALL DIRECTOR 0.30 X 0 0 0 DR MICHAEL S KOGAN DIRECTOR 0.30 X 0 0 0 LINDA LESOURD LADER DIRECTOR 0.30 X 0 0 0 WILLIAM G MEDICH DIRECTOR 0.30 X 0 0 0 MARIAN M NISBET DIRECTOR 0.30 X 0 0 0 JAMES N RICHARDSON JR DIRECTOR 0.30 X 0 0 0 AUBREY SARVIS DIRECTOR 0.30 X 0 0 0 WALTER G SEINSHEIMER DIRECTOR 0.30 X 0 0 0 PHILLIP D SMITH DIRECTOR 0.30 X 0 0 0 CYNTHIA ANNE SOLOMON DIRECTOR 0.30 X 0 0 0 ANITA ZUCKER DIRECTOR 0.30 X 0 0 0 MARIE LAND VICE PRESIDENT 1.00 X X 0 0 0 HELLENA HUNTLEY TIDWELL DIRECTOR 0.30 X 0 0 0 PAUL G TRIPPE DIRECTOR 0.30 X 0 0 0 TIMOTHY W HUGHES DIRECTOR 0.30 X 0 0 0 BARRY I KALINSKY DIRECTOR 0.30 X 0 0 0 DR GEORGE KHOURY DIRECTOR 0.30 X 0 0 0 SUSAN T FRIBERG DIRECTOR 0.30 X 0 0 0 CARLOS E EVANS CHAIRMAN 2.00 X X 0 0 0 RICHARD J ALMEIDA VICE PRESIDENT 1.00 X X 0 0 0 LOREN R ZIFF VICE PRESIDENT 1.00 X X 0 0 0 SUSAN L BAKER DIRECTOR 0.30 X 0 0 0 VALERIE M BARNET DIRECTOR 0.30 X 0 0 0 AMY BLUMENTHAL DIRECTOR 0.30 X 0 0 0 CAROLYN CARTER DIRECTOR 0.30 X 0 0 0 JOHN STEELE CHALSTY DIRECTOR 0.30 X 0 0 0 LEGRAND ELEBASH DIRECTOR 0.30 X 0 0 0 RANDOLPH J FRIEDMAN DIRECTOR 0.30 X 0 0 0 OZEY K HORTON JR DIRECTOR 0.30 X 0 0 0 NIGEL REDDEN GENERAL DIRECTOR 40.00 X 257435 0 9207 TASHA GANDY DIRECTOR OF FINANCE 40.00 X 114820 0 12296 372255 0 21503 2 0 1 0 COLLEGE OF CHARLESTON 66 GEORGE STREET CHARLESTON SC 29424 TEMPORARY HOUSING AND VENUE RENTAL 245257 TECHNICAL THEATRE SOLUTIONS LLC PO BOX 21420 CHARLESTON SC 29413 PRODUCTION MANAGEMENT CONSULTING 162507 GEOGRAPHICS 3450 BROWNS MILL ROAD ATLANTA GA 30354 PRINTING AND PRODUCTION 140179 THE NOTINGHAM PLAYHOUSE TRUST LTD WELLINGTON CIRCUS NOTTINGHAM UK NG1 5AF PERFORMANCE FEE COMMISSION 120223 BRISTOL OLD VIC THEATER COMPANY KING STREET BRISTOL UK BS1 4ED PERFORMANCE FEE COMMISSION 109228 7 215047 400713 4458736 48564 5074496 ADMISSION SALES 711300 2901321 2901321 CO-PRODUCTION FEES 711300 179087 179087 BOX OFFICE HANDLING FEE 711300 937 937 3081345 128174 128174 166996 72218 0 32205 166996 40013 207009 40013 166996 1426838 1452762 -25924 -25924 -25924 326449 215047 277574 48875 48875 5411 3736 1675 1675 ADVERTISING 541800 65850 65850 OTHER REVENUE 711300 28784 28784 94634 8610284 3111804 105863 318121 X 375446 105125 165194 105127 1782364 1179852 207707 394805 55431 35786 14044 5601 126900 39651 58200 29049 181175 103777 48246 29152 25600 25600 1604446 1592894 11552 41419 28060 13359 398808 157168 229783 11857 101820 101320 500 120951 120951 388136 295020 56623 36493 968677 917105 42538 9034 8291 581 7710 70438 47385 23053 634468 499363 79074 56031 115391 107127 5422 2842 SETS, COSTUMES & PROPS 505038 505038 GENERAL PRODUCTION 237550 237550 BAD DEBT 175 175 7742524 6073753 967211 701560 491638 483497 2333487 3004777 22628 83131 4000 4000 130260 201872 11998700 4471969 8063710 7526731 4940890 5830934 304796 283345 16291409 17418287 112380 164435 32302 30658 2220833 1715834 0 2365515 1910927 X 7264847 7062156 852090 876058 5808957 7569146 13925894 15507360 16291409 17418287 867760 713706 0 X 0 1 X 1 0 X 4529705 2958354 3540976 5802088 5074496 21905619 65300 63350 62350 9350 8450 208800 4595005 3021704 3603326 5811438 5082946 22114419 1826672 20287747 107436 540388 317691 615678 367388 1948581 215304 1184 17915 234403 18522 16655 35939 93859 28784 193759 24491162 15723070 0.82840 0.75950 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2009 AMOUNT: $ 18,522. 2010 AMOUNT: $ 16,655. 2011 AMOUNT: $ 35,939. 2012 AMOUNT: $ 93,859. 2013 AMOUNT: $ 28,784. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6205036 1760189 815971 170000 8611196 4087112 1934073 353851 170000 6205036 3676927 295292 284893 170000 4087112 3430991 10411 405525 170000 3676927 3246479 30681 296831 143000 3430991 1.00000 1 0 4220524 1581238 2639286 6518438 1991101 4527337 1085969 766846 319123 173769 132784 40985 7526731 X 9408398 713705 58673 22000 794378 8614020 -3736 -3736 8610284 7826933 58673 25736 84409 7742524 0 7742524 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: APPRENTICESHIP PROGRAM AND SPEAKER SERIES 22,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD FOR INVENTORY -3,736. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD FOR INVENTORY 3,736. APPRENTICESHIP PROGRAM AND SPEAKER SERIES 22,000. OPENING NIGHT FETE 121680 121680 14155 25405 7750 10017 SFUSA ORCHESTRA AUCTION 201268 61700 139568 2912 15399 10508 11136 4 218548 153347 65201 56843 90078 22838 18935 541496 215047 326449 73910 130882 41096 40088 285976 40473 X X X X 0 0 0 0 0 0 0 0 0 NIGEL REDDEN GENERAL DIRECTOR 257435 0 0 0 0 0 9207 0 0 0 266642 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. X 9 49564 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 EACH BOARD MEMBER HAD THE OPPORTUNITY TO REVIEW AND COMMENT ON THE ORGANIZATION'S FORM 990 BY POSTING ON A SECURE WEB SITE. ACCESS INFORMATION WAS PROVIDED TO THE FULL BOARD VIA EMAIL AND THEY WERE GIVEN SEVEN DAYS IN WHICH TO COMMENT PRIOR TO FILING. 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 18 THE FESTIVAL'S PUBLIC DISCLOSURE COPY OF FORM 990 IS AVAILABLE FOR INSPECTION AT THE FESTIVAL'S MAIN OFFICE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVALUABLE AT THE FESTIVAL'S MAIN OFFICE. FORM 990, PART IX, LINE 11G PERFORMER AND PRODUCTION FEES: PROGRAM SERVICE EXPENSES 1,592,894. MANAGEMENT AND GENERAL EXPENSES 11,552. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,604,446. FESTIVAL FOUNDATION INC 14 GEORGE ST CHARLESTON SC 29401 131863337 FESTIVAL 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