2015-04-15T18:00:04-05:00 2014-07-31 CROWE HORWATH LLP 105 CONTINENTAL PLACE SUITE 200 BRENTWOOD TN 37027 990 2013-08-01 620550979 NASHVILLE SYMPHONY ASSOCIATION NASH 6156876515 1 Symphony Place Nashville TN 37201 CHAD BOYD CFO 2015-04-15 true rachel spurlock P00520729 6153605500 2013 2016-02-25 16:41:14Z THE NASHVILLE SYMPHONY ALAN VALENTINE 1 Symphony Place Nashville TN 37201 28051353 false X NASHVILLESYMPHONY.ORG X 1946 TN THE NASHVILLE SYMPHONY IS DEDICATED TO ACHIEVING THE HIGHEST STANDARD FOR EXCELLENCE IN MUSICAL PERFORMANCE AND EDUCATIONAL PROGRAMS, WHILE ENGAGING THE COMMUNITY, ENRICHING AUDIENCES AND SHAPING CULTURAL LIFE. 60 57 518 256 -912613 -912613 4931717 8356330 7431021 9179687 8748378 1011305 25730 700363 21136846 19247685 14000 44700 0 0 15074523 11724276 132837 116475 1181169 19147432 12559463 34368792 24444914 -13231946 -5197229 128202779 120713276 30326219 27987573 97876560 92725703 X MISSION STATEMENT - THE NASHVILLE SYMPHONY IS DEDICATED TO ACHIEVING THE HIGHEST STANDARD FOR EXCELLENCE IN MUSICAL PERFORMANCE AND EDUCATIONAL PROGRAMS, WHILE ENGAGING THE COMMUNITY, ENRICHING AUDIENCES AND SHAPING CULTURAL LIFE. false false 19884979 0 10265010 MUCH LIKE NASHVILLE ITSELF, MUSIC CITY'S RESIDENT ORCHESTRA CELEBRATES BOTH TRADITION AND INNOVATION. AT THIS INTERSECTION OF CULTURAL HERITAGE AND CUTTING-EDGE CREATIVITY, THE NASHVILLE SYMPHONY PRESERVES, PROMOTES AND EXPANDS THE AMERICAN ORCHESTRAL REPERTOIRE WHILE PAYING HOMAGE TO THE MASTERS. DURING THE 2013/14 SEASON, MIDDLE TENNESSEE AUDIENCES ENJOYED SOME OF THE MOST POWERFUL AND LASTING MUSIC IN THE REPERTOIRE, INCLUDING PERFORMANCES OF PROKOFIEV'S PIANO CONCERTO NO. 3, BEETHOVEN'S SYMPHONY NO. 3, STRAVINSKY'S FIREBIRD SUITE, MAHLER'S SYMPHONY NO. 7 AND VAUGHAN WILLIAMS' EPIC SYMPHONY NO. 1 "A SEA SYMPHONY." TRUE TO ITS MISSION OF CHAMPIONING THIS COUNTRY'S GREATEST COMPOSERS, THE ORCHESTRA ALSO EXPLORED THE FULL RANGE OF AMERICAN MUSIC IN ITS AEGIS SCIENCES CLASSICAL SERIES, WITH CLASSICS BY BARBER, BERNSTEIN AND COPLAND, CROWD-PLEASING PIECES BY JOHN WILLIAMS AND JOHN ADAMS, AND RECENT WORKS BY JOAN TOWER, STEPHEN PAULUS AND NASHVILLE-BASED POP STAR BEN FOLDS. THROUGHOUT THE YEAR, A STAR-STUDDED LINEUP OF SOLOISTS VISITED SCHERMERHORN SYMPHONY CENTER TO PERFORM EVERYTHING FROM CLASSICAL TO POP TO JAZZ, WITH HIGHLIGHTS INCLUDING VIOLINIST ITZHAK PERLMAN, SAXOPHONIST BRANFORD MARSALIS AND PIANIST JEREMY DENK. WORLD-RENOWNED SOPRANO RENÉE FLEMING JOINED THE NASHVILLE SYMPHONY IN SEPTEMBER TO CELEBRATE THE OPENING OF THE SEASON, ENTRANCING THE AUDIENCE WITH HER RENDITIONS OF GERSHWIN'S "SUMMERTIME" AND LEONARD COHEN'S "HALLELUJAH." THE NASHVILLE SYMPHONY CHORUS BROUGHT THE CLASSICAL SERIES TO A CLOSE IN MAY WITH BREATHTAKING PERFORMANCES OF BRAHMS' A GERMAN REQUIEM. NASHVILLE IS UNIQUE AMONG AMERICAN CITIES FOR ITS WEALTH OF MUSICAL TALENT, AND THE NASHVILLE SYMPHONY LOVES TO COLLABORATE WITH ITS HOMETOWN ARTISTS, FROM BASSIST EDGAR MEYER TO BANJOIST BÉLA FLECK TO COMPOSER CONNI ELLISOR. DURING THE 2013/14 SEASON, THE NASHVILLE SYMPHONY TEAMED WITH NASHVILLE BALLET AND MINNESOTA ORCHESTRA TO COMMISSION A NEW CONCERTO FOR PIANO AND ORCHESTRA BY POP STAR BEN FOLDS. A STRONG SUPPORTER AND CURRENT SYMPHONY BOARD MEMBER, FOLDS JOINED THE ORCHESTRA ON MARCH 13-15, 2014, TO GIVE THE WORLD PREMIERE PERFORMANCES OF HIS NEW COMPOSITION, WHICH HE WILL PERFORM WITH MORE THAN 30 ORCHESTRAS ACROSS THE UNITED STATES AND AROUND THE WORLD OVER THE NEXT YEAR. AS PART OF ITS QUEST TO SHARE ITS MUSIC WITH LISTENERS BOTH NEAR AND FAR, THE NASHVILLE SYMPHONY HAS ALSO MAINTAINED AN ACTIVE RECORDING SCHEDULE OVER THE PAST 15 YEARS. THE 2013/14 SEASON WAS ESPECIALLY BUSY FOR THE NASHVILLE SYMPHONY, WITH THE RELEASE OF RECORDING PROJECTS BY BÉLA FLECK, RICHARD DANIELPOUR AND ROBERTO SIERRA, AND RECORDING SESSIONS FOR FORTHCOMING RELEASES BY JOAN TOWER, BEN FOLDS AND STEPHEN PAULUS. 1293269 44700 433690 THE NASHVILLE SYMPHONY DEMONSTRATES ITS COMMITMENT TO MUSIC EDUCATION BY PROVIDING EXCEPTIONAL STUDENT PROGRAMS AT SCHERMERHORN SYMPHONY CENTER AND IN CLASSROOMS ACROSS MIDDLE TENNESSEE. WE SEEK TO SERVE THE NEEDS OF ALL STUDENTS, FROM THOSE TRYING AN INSTRUMENT FOR THE FIRST TIME TO THOSE CONSIDERING A CAREER IN THE ARTS. OUR FULL SPECTRUM OF OFFERINGS INCLUDES A HANDS-ON INTRODUCTION TO PLAYING MUSIC THROUGH OUR INTERACTIVE INSTRUMENT PETTING ZOO; YOUNG PEOPLE'S CONCERTS DESIGNED FOR STUDENTS IN GRADES K-12, WITH ACCOMPANYING CLASSROOM CURRICULUM AND ONLINE LISTENING GUIDES FOR TEACHERS; THE OPPORTUNITY FOR STUDENTS TO ATTEND NASHVILLE SYMPHONY CLASSICAL SERIES CONCERTS FOR FREE; THE OPPORTUNITY TO LEARN DIRECTLY FROM NASHVILLE SYMPHONY MUSICIANS THROUGH SECTIONALS, SIDE-BY-SIDE REHEARSALS AND CURB OPEN DRESS REHEARSALS; COLLEGE AND CAREER READINESS PROGRAMS AND INTERNSHIPS FOR STUDENTS INTERESTED IN CAREERS IN THE ARTS; AND THE CURB CONCERTO COMPETITION, IN WHICH STUDENTS COMPETE FOR THE OPPORTUNITY TO PERFORM AS A SOLOIST WITH THE NASHVILLE SYMPHONY. THE NASHVILLE SYMPHONY IS EQUALLY COMMITTED TO SHARING ITS MUSIC WITH PEOPLE OF ALL AGES AND BACKGROUNDS IN OUR COMMUNITY. TO FULFILL THIS IMPORTANT MISSION, WE OFFER A VARIETY OF FREE COMMUNITY ENGAGEMENT PROGRAMS DESIGNED TO MEET PEOPLE WHERE THEY LIVE, WORK AND PLAY ACROSS THE MIDDLE TENNESSEE REGION. IN 2013/14, WE HAD RECORD-BREAKING ATTENDANCE AT OUR SIX COMMUNITY CONCERTS THROUGHOUT MIDDLE TENNESSEE. THESE FAMILY-FRIENDLY SUMMER PROGRAMS PRESENTED THE NASHVILLE SYMPHONY PERFORMING ORCHESTRAL FAVORITES IN LOCAL PARKS. THE 2013/14 SEASON ALSO SAW TREMENDOUS GROWTH IN OUR OFFSTAGE CONCERT SERIES, IN WHICH ENSEMBLES AND SOLOISTS FROM THE NASHVILLE SYMPHONY PERFORM FOR AUDIENCES THROUGHOUT MIDDLE TENNESSEE. MORE THAN 80 EVENTS TOOK PLACE IN COMMUNITY CENTERS, RETIREMENT COMMUNITIES, HOSPITALS AND OTHER GATHERING SPACES. THE NASHVILLE SYMPHONY BELIEVES THAT SCHERMERHORN SYMPHONY CENTER SHOULD BE ACCESSIBLE TO EVERYONE, SO WE OFFER OPPORTUNITIES THROUGHOUT THE YEAR TO EXPERIENCE GREAT MUSIC IN OUR WORLD-CLASS FACILITY AT NO COST, INCLUDING OUR ANNUAL FREE DAY OF MUSIC, WHICH INVITES THOUSANDS OF PEOPLE THROUGH OUR DOORS FOR A FULL DAY OF CONCERTS, AND THE INTIMATE CHAMBER-MUSIC SERIES ONSTAGE, WHICH INVITES AUDIENCES TO JOIN MUSICIANS OF THE NASHVILLE SYMPHONY ONSTAGE FOR A FREE EVENING OF MUSIC AND CONVERSATION. 21178248 true true false false false false false false true true false false false false false true false false false false false false true true false false true true true false false false true false false false true false false false false false true true false false false true 180 0 true 518 true true true false false false false true true false false false false X 60 57 true false true false false false false true true false false true true true true true true true true false X X X CHAD BOYD 6156876515 1 Symphony Place Nashville TN 37201 ALAN D VALENTINE PRESIDENT & CEO 40.00 X X 336122 0 13358 BETSY WILLS SECRETARY 1.00 X X 0 0 0 EDWARD A GOODRICH CHAIR 1.00 X X 0 0 0 JAMES C SEABURY III CHAIR-ELECT 1.00 X X 0 0 0 MR KEVIN W CRUMBO TREASURER 1.00 X X 0 0 0 ALISON F GOODING BOARD MEMBER 1.00 X 0 0 0 AMY GRANT BOARD MEMBER 1.00 X 0 0 0 ANASTASIA BROWN BOARD MEMBER 1.00 X 0 0 0 BEN L CUNDIFF BOARD MEMBER 1.00 X 0 0 0 BENJAMIN FOLDS BOARD MEMBER 1.00 X 0 0 0 BILL MINKOFF BOARD MEMBER 1.00 X 0 0 0 BRETT SWEET BOARD MEMBER 1.00 X 0 0 0 CANO A OZGENER BOARD MEMBER 1.00 X 0 0 0 CARL T HALEY JR BOARD MEMBER 1.00 X 0 0 0 CAROL A DANIELS BOARD MEMBER 1.00 X 0 0 0 CLARE YANG BOARD MEMBER 1.00 X 0 0 0 DAVID K MORGAN BOARD MEMBER 1.00 X 0 0 0 DAVID L BLACK BOARD MEMBER 1.00 X 0 0 0 DAVID WILLIAMS II BOARD MEMBER 1.00 X 0 0 0 DEBORAH K PITTS BOARD MEMBER 1.00 X 0 0 0 DONNA B YURDIN BOARD MEMBER 1.00 X 0 0 0 DR KEITH B CHURCHWELL BOARD MEMBER 1.00 X 0 0 0 EDUARDO H MINARDI BOARD MEMBER 1.00 X 0 0 0 ELLIOTT W JONES BOARD MEMBER 1.00 X 0 0 0 HARRELL ODOM BOARD MEMBER 1.00 X 0 0 0 HARRY WILLIAMS BOARD MEMBER 1.00 X 0 0 0 JACK O BOVENDER JR BOARD MEMBER 1.00 X 0 0 0 JAMES D ZIMMERMAN BOARD MEMBER 1.00 X 0 0 0 JANET E AYERS BOARD MEMBER 1.00 X 0 0 0 JEFFERY C WALRAVEN BOARD MEMBER 1.00 X 0 0 0 JENNIFER H PURYEAR BOARD MEMBER 1.00 X 0 0 0 JEREMY WILLIAMS BOARD MEMBER 1.00 X 0 0 0 JOHN H BAILEY III BOARD MEMBER 1.00 X 0 0 0 JOHN MANSON BOARD MEMBER 1.00 X 0 0 0 JOHN T LEWIS BOARD MEMBER 1.00 X 0 0 0 JUDY M FOSTER BOARD MEMBER 1.00 X 0 0 0 LARRY J LARKIN BOARD MEMBER 1.00 X 0 0 0 LEE ANN INGRAM BOARD MEMBER 1.00 X 0 0 0 MARK PEACOCK BOARD MEMBER 1.00 X 0 0 0 MARK WAIT BOARD MEMBER 1.00 X 0 0 0 MARTHA R INGRAM BOARD MEMBER 1.00 X 0 0 0 MICHAEL MUSICK BOARD MEMBER 1.00 X 0 0 0 MICHAEL W HAYES BOARD MEMBER 1.00 X 0 0 0 MICHELLE R COLLINS BOARD MEMBER 1.00 X 0 0 0 MINDY WHITLEY BOARD MEMBER 1.00 X 0 0 0 NELSON SHIELDS BOARD MEMBER 1.00 X 0 0 0 PAM K PFEFFER BOARD MEMBER 1.00 X 0 0 0 PETER NEFF BOARD MEMBER 1.00 X 0 0 0 REBECCA J COLE BOARD MEMBER 1.00 X 0 0 0 RENATA SOTO BOARD MEMBER 1.00 X 0 0 0 RICHARD L MILLER BOARD MEMBER 1.00 X 0 0 0 ROBERT A EZRIN BOARD MEMBER 1.00 X 0 0 0 ROBERT J DENNIS BOARD MEMBER 1.00 X 0 0 0 ROGER WEISMEYER BOARD MEMBER 1.00 X 0 0 0 RUSSELL W BATES BOARD MEMBER 1.00 X 0 0 0 SCOTT BECKER BOARD MEMBER 1.00 X 0 0 0 SHIRLEY ZEITLIN BOARD MEMBER 1.00 X 0 0 0 VAN TUCKER BOARD MEMBER 1.00 X 0 0 0 VICTORIA CHU PAO BOARD MEMBER 1.00 X 0 0 0 WILLIAM GREER WIGGINS BOARD MEMBER 1.00 X 0 0 0 MICHAEL KIRBY VP & CFO (THROUGH 12/30/2013) 40.00 X 137177 0 16764 MYLES MACDONALD INTERIM COO 40.00 X 220000 0 0 GIANCARLO GUERERRO MUSIC DIRECTOR 40.00 X 405331 0 22256 JUN IWASAKI CONCERTMASTER 40.00 X 176529 0 11540 MARK A BLAKEMAN GM & VP OF ORCHESTRA 40.00 X 164630 0 16468 JONATHAN NORRIS VP OF REVENUE 40.00 X 133676 0 5826 1573465 0 86212 7 false true false FROST BROWN TODD LLC PO BOX 70087 LOUISVILLE KY 402700087 PROFESSIONAL FEES AND RESTRUCTURING ADVICE 561911 FTI CONSULTING INC PO BOX 418178 BOSTON MA 02241 BANK-MANDATED CONSULTANT 323198 CHICAGO TOURING 1880 CENTURY PARK EAST 1600 LOS ANGELES CA 90067 GUEST ARTIST MANAGEMENT 224000 WILLIAM MORRIS ENDEAVOR ENTERTAINMENT 1325 AVENUE OF THE AMERICAS NEW YORK NY 10018 GUEST ARTIST MANAGEMENT 197250 OPUS 3 ARTISTS 470 PARK AVE S 9TH FLOOR NORTH NEW YORK NY 10016 GUEST ARTIST MANAGEMENT 181700 12 822913 233800 7299617 8356330 TICKET SALES 711190 8732606 8732606 ORCHESTRA FEES 711190 447081 447081 0 0 0 0 0 0 0 9179687 236301 236301 0 0 1018956 1931569 -912613 0 -912613 -912613 7163979 6388975 775004 0 775004 775004 127525 822913 370905 -243380 -243380 0 449562 112219 337343 337343 TICKET HANDLING CHARGES/FACILITY FEES 711190 1485250 1485250 OTHER INCOME 711190 33763 33763 0 0 0 0 0 1519013 19247685 10698700 -912613 1105268 X 30000 30000 14700 14700 0 0 0 0 1302611 791558 383670 127383 0 0 0 0 8756324 7583592 550681 622051 394589 391255 1875 1459 539884 443305 57664 38915 730868 602936 71796 56136 126145 126145 0 0 123745 0 123745 0 136743 0 136743 0 0 0 0 0 116475 116475 77074 0 77074 0 3593499 3494849 24002 74648 1170491 1085839 3694 80958 204237 48063 118188 37986 257454 0 257454 0 133365 133365 0 0 926025 859121 66904 0 58547 22855 25877 9815 0 0 0 0 16226 1723 14438 65 13816 0 13816 0 0 0 0 0 4725442 4725442 0 0 151838 44886 106952 0 OTHER PRODUCTION EXPENSES 642285 642285 0 0 OTHER MARKETING EXPENSES 105553 105553 0 0 OTHER ADMIN EXPENSES 39812 0 39812 0 57166 30776 11112 15278 24444914 21178248 2085497 1181169 0 5698428 8068865 8038683 7568433 3355117 3167976 0 0 0 0 101027 90056 743249 664914 141754439 51412792 96049200 90341647 9948350 10811385 4268725 0 0 0 0 0 128202779 120713276 508635 485996 4567584 4919385 22600000 22582192 2650000 0 0 0 0 30326219 27987573 X 86270646 81041979 9068064 9082656 2537850 2601068 97876560 92725703 128202779 120713276 X -5197229 95988 0 -49616 X false true X true false X 12006190 14702020 10598243 4931717 8725537 50963707 6599649 6259245 8353589 7431021 10714508 39358012 0 0 0 18605839 20961265 18951832 12362738 19440045 90321719 314428 245063 229032 0 558983 1347506 0 0 0 0 0 0 314428 245063 229032 0 558983 1347506 88974213 2651717 2979564 4286378 4149269 1249087 15316015 0 2651717 2979564 4286378 4149269 1249087 15316015 0 31757 34667 44709 61591 578785 751509 21289313 23975496 23282919 16573598 21267917 106389243 0.83630 0.82780 0.14400 0.16040 X Schedule A, Part III, Line 12, Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 31757, COLUMN B - 34667, COLUMN C - 44709, COLUMN D - 61591, COLUMN E - , COLUMN F - 172724; DESCRIPTION - FUNDRAISING REVENUE, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 129223.000000, COLUMN F - 129223.000000; DESCRIPTION - GROSS SALES OF INVENTORY (10A), COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 449562, COLUMN F - 449562; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9855873 63218 1064647 138292 67165 10778281 9187198 12664 1195452 467095 72346 9855873 9541169 23551 61163 348226 90459 9187198 8470124 1610 1597922 456975 71512 9541169 8898472 25 128245 450743 105875 8470124 0.94190 0.05810 0.00000 false true true 4824167 4824167 126945420 46780694 80164726 0 8789997 4632098 4157899 1194855 1194855 90341647 0 0 22030394 95988 189314 0 82714 368016 21662378 0 -2414693 -2414693 19247685 27181251 189314 2547023 2736337 24444914 0 0 24444914 Schedule D, Part V, Line 4, Intended uses of endowment funds THE INVESTMENT FUNDS ARE USED FOR MISSION RELATED ACTIVITIES. OF THE $10,778,281 OF ENDOWMENT FUNDS, $626,068, OR APPROXIMATELY 5.81% OF THE FUNDS, ARE PERMANENTLY RESTRICTED FUNDS. THE REMAINING FUNDS ARE UNRESTRICTED, BOARD DESIGNATED FUNDS. Schedule D, Part XI, Line 2d, Other revenues in audited financial statements not in form 990 TAX COST ADJUSTMENTS - 82714; Schedule D, Part XI, Line 4b, Other revenues in form 990 not in audited financial statements RENTAL EXPENSES - -1931569; COST OF GOODS SOLD - -112219; FUNDRAISING EVENT EXPENSES - -370905; Schedule D, Part XII, Line 2d, Other expenses in audited financial statements not in form 990 RENTAL EXPENSE - 1931569; UNCOLLECTIBLE PLEDGE ALLOWANCE - 132330; COST OF GOODS SOLD - 112219; FUNDRAISING EVENTS EXP - 370905; X X X X X X X true TAYLAR DEVELOPMENT LLC 219 N MILWAUKEE STREET 5TH FLOOR MILWAUKEE WI 53202 TELEFUNDING false 385837 116475 269362 385837 116475 269362 TN SYMPHONY BALL 615366 546742 68624 45174 57325 19351 77041 FASHION SHOW 335072 276171 58901 53696 75205 3045 40068 0 950438 822913 127525 0 0 98870 132530 22396 117109 370905 -243380 true BLAIR SCHOOL OF MUSIC AT VANDERBILT UNIVERSITY 2301 VANDERBILT PLACE NASHVILLE TN 37240 620476822 30000 TO SPONSOR CURB YOUTH SYMPHONY & PROMOTE MUSIC EDUCATION. 1 THOR JOHNSON SCHOLARSHIP 21 9700 CURB CONCERTO COMPETITION 3 5000 Schedule I, Part I, Line 2, Procedures for monitoring use of grant funds THE SCHOLARSHIPS ARE AWARDED TO STUDENTS IN TWO CATEGORIES. THE SCHOLARSHIPS ARE ACTUALLY DISTRIBUTED TO THE PROVIDER OF THE MUSIC LESSONS OF THE AWARD WINNER, TO BE USED IN FUTURE MUSIC LESSONS. NASHVILLE SYMPHONY SPONSORS CURB YOUTH SYMPHONY AT BLAIR SCHOOL OF MUSIC WITH VANDERBILT UNIVERSITY. WE HAVE A CLOSE PARTNERING WITH THEM AT MULTIPLE TIMES THROUGHOUT THE YEAR, INCLUDING OUR ANNUAL SIDE BY SIDE CONCERT. X X X false false false false false false false false false MARK A BLAKEMAN GM & VP OF ORCHESTRA 158860 0 0 0 5770 0 1885 0 14583 0 181098 0 0 0 ALAN D VALENTINE PRESIDENT & CEO 329152 0 0 0 6970 0 3850 0 9508 0 349480 0 0 0 GIANCARLO GUERERRO MUSIC DIRECTOR 404875 0 0 0 456 0 4810 0 17446 0 427587 0 0 0 MYLES MACDONALD INTERIM COO 219673 0 0 0 327 0 0 0 0 0 220000 0 0 0 MICHAEL KIRBY VP & CFO (THROUGH 12/30/2013) 136807 0 0 0 370 0 1530 0 15234 0 153941 0 0 0 JUN IWASAKI CONCERTMASTER 176529 0 0 0 0 0 6153 0 5387 0 188069 0 0 0 SCHEDULE J, PART I, LINE 3, COMPENSATION OF TOP MANAGEMENT OFFICIALS THE BOARD OF DIRECTORS DELEGATES RESPONSIBILITY TO THE EXECUTIVE COMMITTEE, WHICH ACTS AS THE COMPENSATION COMMITTEE, FOR THE REVIEW AND APPROVAL OF THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS. MARTHA INGRAM (SYMPLACE REALTY) DIRECTOR MORTGAGE ON FACILITY X 23250000 22582192 false true true 22582192 KRAFT CPA PLLC KEVIN CRUMBO, TREASURER, & MYLES MACDONALD, INTERIM COO, ARE MEMBERS OF KRAFT CPA, PLLC AFFILIATE 142641 CONSULTING SERVICES RELATED TO RESTRUCTURING false SCHEDULE L, PART II, SCHEDULE L, PART II LEE ANN INGRAM IS A FAMILY MEMBER OF MARTHA INGRAM. FORM 990, PART III, LINE 1, ORGANIZATION'S MISSION - CONTINUED ARTISTIC VISION STATEMENT: ACHIEVE RECOGNIZED ARTISTIC EXCELLENCE IN THE PERFORMANCE AND PRESENTATION OF THE HIGHEST QUALITY MUSIC, WITH A FOCUS ON THE CREATION, PROMOTION AND PRESERVATION OF A DISTINCTLY AMERICAN REPERTOIRE. EDUCATION VISION STATEMENT: ENGAGE AND ENRICH PEOPLE OF ALL AGES BY EXPLORING, EXPERIENCING AND CREATING MUSIC. Form 990, Part VI, Sec A, Line 1a, Delegate broad authority to a committee ARTICLE IV, SECTION 4.1 DELEGATION OF POWER TO EXECUTIVE COMMITTEE. (A) THE EXECUTIVE COMMITTEE SHALL MANAGE THE BUSINESS AND AFFAIRS OF THE ASSOCIATION EXCEPT AS OTHERWISE LIMITED BY THESE BYLAWS, THE CHARTER OR THE ACT. THE EXECUTIVE COMMITTEE MAY ADVISE THE BOARD ON ALL MATTERS AND SHALL REPORT TO THE BOARD ON ALL DECISIONS MADE OR ACTIONS TAKEN BY IT WHICH THE EXECUTIVE COMMITTEE OR THE CHAIRMAN REASONABLY DETERMINE TO BE MAJOR DECISIONS OR ACTIONS. THE EXECUTIVE COMMITTEE SHALL BE ASSISTED BY SUCH ADMINISTRATIVE STAFF AS THE CHAIRMAN OR THE PRESIDENT AND CEO MAY DETERMINE. EXCEPT AS OTHERWISE PROVIDED IN THIS ARTICLE, THE PROVISIONS OF ARTICLE 5 SHALL APPLY TO THE EXECUTIVE COMMITTEE. (B) THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER AND AUTHORITY (I) TO APPOINT, NEGOTIATE AND APPROVE THE TERMS OF EMPLOYMENT OF, AND EVALUATE THE PERFORMANCE OF THE PRESIDENT AND CEO AND THE MUSIC DIRECTOR AND CONDUCTOR; (II) APPROVE AGREEMENTS WITH THE MUSICIANS' UNION (WITH ANY MEMBER WHO IS AN ORCHESTRA MEMBER BEING EXCLUDED, EXCEPT BY INVITATION OF THE CHAIRMAN); (III) MONITOR COMPLIANCE WITH THE BUDGET; (IV) ESTABLISH AND IMPLEMENT OPERATING POLICIES AND PROCEDURES; (V) SUPERVISE THE OPERATIONS AND FUNCTIONS OF THE OTHER COMMITTEES AND RECEIVE REPORTS FROM THESE COMMITTEES ON REQUEST OR AS REQUIRED BY THESE BYLAWS; AND (VI) APPROVE A SALE, LEASE OR PLEDGE OF LESS THAN ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE ASSOCIATION. THE EXECUTIVE COMMITTEE SHALL HAVE NO POWER TO AMEND ANY RESOLUTION OF THE BOARD OR THE BUDGET. DURING DISCUSSIONS OF SALARY OR SENSITIVE PERSONNEL MATTERS, THE EXECUTIVE COMMITTEE MAY EXCLUDE ASSOCIATION EMPLOYEES. Form 990, Part VI, Sec A, Line 2, Family/business relationships amongst interested persons LEE ANN INGRAM AND MARTHA INGRAM - FAMILY RELATIONSHIP Form 990, Part VI, Sec A, Line 4, Significant changes to organizational documents ARTICLE 3, SECTION 3.3 ELECTIONS AND TERMS: HAS BEEN AMENDED TO STATE THAT DIRECTORS SHALL SERVE A 3-YEAR TERM (INSTEAD OF EITHER A ONE, TWO, OR THREE-YEAR TERM). Form 990, Part VI, Sec B, Line 11b, Review of form 990 by governing body THE FORM 990 IS PREPARED BY THE CONTROLLER; A DRAFT IS REVIEWED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM, THE CFO, THE AUDIT COMMITTEE CHAIR, AND THE BOARD TREASURER. PRIOR TO FILING OF THE FINAL FORM 990, A FULL COPY, INCLUDING SUPPLEMENTAL SCHEDULES, IS PROVIDED TO THE FULL GOVERNING BODY. Form 990, Part VI, Sec B, Line 12c, Conflict of interest policy THE NASHVILLE SYMPHONY'S CONFLICT OF INTEREST POLICY COVERS ALL EMPLOYEES, OFFICERS, DIRECTORS, TRUSTEES, OR ANY OTHERS IN A FIDUCIARY RELATIONSHIP WITH THE NASHVILLE SYMPHONY AND IS ADMINISTERED BY THE EXECUTIVE COMMITTEE. AT LEAST ONCE PER YEAR, THE EXECUTIVE COMMITTEE WILL ADVISE THE BOARD OF ANY SIGNIFICANT EVENTS WHICH RELATE TO THE POLICY. CONFLICTS WHICH ARE NOT DISCLOSED TO A COMMITTEE OR TO THE BOARD OF DIRECTORS IN APPROVING SYMPHONY ACTION ARE TO BE REPORTED TO THE PRESIDENT AND CEO OF THE SYMPHONY OR TO A MEMBER OF THE EXECUTIVE COMMITTEE SO THAT AN INDEPENDENT DETERMINATION CAN BE MADE OF THE SITUATION. ANY SYMPHONY FIDUCIARY OR SYMPHONY EMPLOYEE WHO FEELS THAT HE OR SHE MAY HAVE A CONFLICT OF INTEREST OR BE AWARE OF A CONFLICT SITUATION, ACTUAL, POTENTIAL OR PERCEIVED, MAY REPORT PERTINENT DETAILS TO THE PRESIDENT AND CEO OF THE SYMPHONY OR A MEMBER OF THE EXECUTIVE COMMITTEE. THE PRESIDENT AND CEO WILL BE RESPONSIBLE FOR REFERRING THE MATTER TO THE EXECUTIVE COMMITTEE OF THE SYMPHONY. THE EXECUTIVE COMMITTEE WILL REVIEW THE INFORMATION, AND INVESTIGATE IT FURTHER IF NECESSARY. IF SUCH A CONFLICT IS DETERMINED TO EXIST, THE INDIVIDUAL WITH THE CONFLICT WILL BE PROHIBITED FROM PARTICIPATING IN THE DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION IN QUESTION. Form 990, Part VI, Sec B, Line 15a, Process to establish compensation of top management official TYPICALLY, THE ORGANIZATION UTILIZES SURVEYS AND RESEARCH OF LOCAL, REGIONAL AND NATIONAL ORGANIZATIONS OF SIMILAR SIZE AND MAKEUP TO ACCUMULATE FAIR AND REASONABLE COMPENSATION DATA FOR OFFICERS AND KEY EMPLOYEES ON AN ANNUAL BASIS FOR THE COMPENSATION COMMITTEE TO REVIEW. IN FISCAL YEAR 2014, THIS REVIEW LED TO THE COMPENSATION COMMITTEE MAINTAINING THE STATUS QUO THAT HAD BEEN ESTABLISHED IN FISCAL YEAR 2013, WHICH WAS TO MAINTAIN THE SALARY REDUCTIONS OF UPPER MANAGEMENT IN THE 11% TO 15% RANGE. Form 990, Part VI, Sec B, Line 15b, Process to establish compensation of other employees ALL OFFICERS AND KEY EMPLOYEES INCLUDED IN THE COMPENSATION REVIEW WERE AS FOLLOWS: MUSIC CONDUCTOR, PRESIDENT & CEO, CFO, GENERAL MANAGER, INTERIM COO, AND CONCERTMASTER. Form 990, Part VI, Sec C, Line 19, Required documents available to the public GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104 AND ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. THE NASHVILLE SYMPHONY DOES, HOWEVER, MAKE ITS ANNUAL FINANCIAL AUDIT & THE 990 AVAILABLE ON ITS OWN WEBSITE. Form 990, Part IX, Line 11g, Other Expenses GUEST ARTIST FEES - TOTAL EXPENSE: 3494849, PROGRAM SERVICE EXPENSE: 3494849, MANAGEMENT AND GENERAL EXPENSES: , FUNDRAISING EXPENSES: ; CONSULTING/DONOR STUDY - TOTAL EXPENSE: 74648, PROGRAM SERVICE EXPENSE: 0, MANAGEMENT AND GENERAL EXPENSES: 0, FUNDRAISING EXPENSES: 74648; ADVOCACY FEES - TOTAL EXPENSE: 24002, PROGRAM SERVICE EXPENSE: 0, MANAGEMENT AND GENERAL EXPENSES: 24002, FUNDRAISING EXPENSES: 0; FORM 990, PART X, LINE 8, FORM 990, PART X, LINE 8, COLUMN A BEGINNING OF YEAR BALANCES WERE RECLASSIFIED FOR PRESENTATIONAL PURPOSES TO AGREE TO YEAR END REPORTING. FORM 990, PART X, LINE 22, FORM 990, PART X, LINE 22, COLUMN A BEGINNING OF YEAR BALANCES WERE RECLASSIFIED FOR PRESENTATIONAL PURPOSES TO AGREE TO YEAR END REPORTING. Form 990 , Part XI, Line 9, Other changes in net assets or fund balances TAX COST ADJUSTMENTS - 82714; UNCOLLECTIBLE PLEDGE ALLOWANCE - -132330; NASHVILLE SYMPHONY ENDOWMENT TRUST 231 S LASALLE ST IL1-231-10-05 CHICAGO IL 60697 626222276 SUPPORT NASHVILLE SYMPHONY TN 501(C)(3) 11 - Type I NASHVILLE SYMPHONY ASSOCIATION true IRREVOCABLE GRANTOR TRUSTS (2) INVESTMENTS TN NASHVILLE SYMPHONY ASSOCIATION TRUST false false false false false false false false false false false false false false false false false false