2015-02-11T13:16:33-06:00 2014-06-30 420714325 MCGLADREY LLP 230 N ELM ST SUITE 1100 GREENSBORO NC 27401 990 2013-07-01 560556755 NORTH CAROLINA SYMPHONY SOCIETY INC NORT 9197332750 3700 GLENWOOD AVE NO 130 RALEIGH NC 27612 SANDI MA MACDONALD PRESIDENT & CEO 9197332750 2015-02-04 ADRIENNE MCKINNEY P00819656 3362724551 2013 2016-02-25 16:41:14Z SANDI MA MACDONALD 3700 GLENWOOD AVE NO 130 RALEIGH NC 27612 12806038 0 X NCSYMPHONY.ORG X 1932 NC PROMOTE AND FOSTER THE MUSICAL CULTURE AND EDUCATION OF THE COMMUNITIES OF NC. 45 43 262 150 0 0 8182971 8091496 4216486 4418592 229 88 122185 231123 12521871 12741299 0 0 0 0 8648969 8998654 25243 25243 1070349 4219472 4491797 12893684 13515694 -371813 -774395 3889970 3445007 4416471 4745903 -526501 -1300896 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 11181448 4494098 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. 11181448 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 124 0 1 262 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 45 43 0 0 0 0 0 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X ROBERT SCHILLER 9197332750 3700 GLENWOOD AVE STE 130 RALEIGH NC 27612 X JUNE ATKINSON TRUSTEE 1.00 X 0 0 0 MARIJANET DOONAN TRUSTEE 1.00 X 0 0 0 JOHN DUVALL TRUSTEE 1.00 X 0 0 0 ROBERT N EBY TRUSTEE 3.00 X 0 0 0 SUSIE FARRELL 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 SUSAN W KLUTTZ TRUSTEE 3.00 X 0 0 0 LINDA J STAUNCH TRUSTEE 1.00 X 0 0 0 PAT MCCRORY TRUSTEE 1.00 X 0 0 0 ROBERT E ZAYTOUN TRUSTEE 1.00 X 0 0 0 JANIE 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 PHILIP P CAVE TRUSTEE 1.00 X 0 0 0 TIM CLANCY TRUSTEE 1.00 X 0 0 0 DAVID R CRABTREE TRUSTEE 1.00 X 0 0 0 RICHARD L DAUGHERTY TRUSTEE 3.00 X 0 0 0 ROBERT C DOHERTY TRUSTEE 1.00 X 0 0 0 PAULA FRYLAND 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 ELAINE BRYANT HAYES TRUSTEE 1.00 X 0 0 0 WILLIAM CHARLES HELTON TRUSTEE 1.00 X 0 0 0 RICHARD E HINSON TRUSTEE 1.00 X 0 0 0 DOUGLAS C HORNBERGER TRUSTEE 3.00 X 0 0 0 ROBERT LACIN TRUSTEE 1.00 X 0 0 0 BRANFORD MARSALIS TRUSTEE 1.00 X 0 0 0 LEE ANNE MCCLYMONT TRUSTEE 1.00 X 0 0 0 GRAHAM MOSELY TRUSTEE 1.00 X 0 0 0 SHARAT NAGARAJ TRUSTEE 1.00 X 0 0 0 FLORENCE PEACOCK TRUSTEE 3.00 X 0 0 0 EMILY MANN PECK TRUSTEE 1.00 X 0 0 0 ASHLEY MATLOCK PERKINSON TRUSTEE 1.00 X 0 0 0 R SCOTT RALLS TRUSTEE 1.00 X 0 0 0 P RAMACHANDRA REDDY 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 TERRY L STEVENS TRUSTEE 1.00 X 0 0 0 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 SANDI MA MACDONALD PRESIDENT & CEO 60.00 X 210000 0 9758 CATHARINE BIGGS ARROWOOD PAST CHAIR 5.00 X 0 0 0 MARY SUSAN FULGHUM VICE CHAIR 5.00 X 0 0 0 JEFFREY A CORBETT CHAIR 5.00 X 0 0 0 DAVID STRONG VICE CHAIR 5.00 X 0 0 0 SALLY JOHNSON SECRETARY 5.00 X 0 0 0 TED R KUNSTLING ASSISTANT TREASURER 5.00 X 0 0 0 JEFFREY SHEEHAN TREASURER 5.00 X 0 0 0 RUTH DZAU VICE CHAIR 5.00 X 0 0 0 GRANT LLEWELLYN MUSIC DIRECTOR 25.00 X 234229 0 2354 DAVID LEWIS PERSONNEL MANAGER 50.00 X 121185 0 10854 ROBERT SCHILLER SENIOR VICE PRESIDENT & CFO 60.00 X 125000 0 796 MARTIN SHER VICE PRESIDENT & GENERAL MANAGER 50.00 X 103333 0 12430 RAY WILLIAMS JR SENIOR DIRECTOR OF PUBIC AFFAIRS 50.00 X 110450 0 850 904197 0 37042 6 0 1 0 OPUS 3 ARTISTS LLC 470 PARK AVE SOUTH 9TH FLOOR NOR NEW YORK NY 10016 GUEST ARTISTS 181524 CENTER PLATE 500 S SALISBURY STREET RALEIGH NC 27601 CATERING 106567 2 525629 3886370 3679497 479481 8091496 CONCERT REVENUE 711190 4418592 4418592 4418592 88 88 220356 64739 155617 155617 MISCELLANEOUS 900099 62882 62882 SALES 711190 12624 12624 75506 12741299 4494098 0 155705 210000 105000 105000 6787921 5904371 435912 447638 309920 309920 1192784 997635 135696 59453 498029 424501 40933 32595 20856 20856 25243 25243 1263378 891313 93886 278179 544235 544235 31216 11247 19407 562 145921 145921 255239 247217 1914 6108 14721 7588 6170 963 79787 79787 37808 2885 34923 176732 98247 78485 GUEST ARTISTS 1069548 1069548 PRINTING AND PUBLICATIO 170164 153450 1075 15639 BOX OFFICE 148518 148518 EQUIPMENT MAINTENANCE 128386 114366 14020 405288 256407 49912 98969 13515694 11181448 1263897 1070349 235265 140088 2573774 2358358 17510 23772 471182 402252 244727 207762 862947 647416 244725 215531 102787 97244 3889970 3445007 641102 525012 1691089 1816890 310928 94314 1773352 2309687 4416471 4745903 X -526501 -1300896 -526501 -1300896 3889970 3445007 -774395 0 X 0 1 X 1 0 X 8081591 8447455 8016457 8182971 8091496 40819970 368855 343319 329554 418824 404965 1865517 8450446 8790774 8346011 8601795 8496461 42685487 258625 42426862 9308 3631 1081 88 226435 240543 262322 121043 169460 122185 231123 906133 43832163 19059000 0.96790 0.96570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 0 0 0 0 1 107068 0 0 107068 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 FY2014 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 2014 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 ORCHESTRA TO WHICH WE PAID ANNUAL DUES OF $14,883. AMONG THEIR ACTIVITIES IS GOVERNMENTAL AFFAIRS AND LOBBYING FOR ISSUES RELATED TO THE ARTS. THE LEAGUE OF AMERICAN ORCHESTRA SPENDS 2% ON LOBBYING EFFORTS. 8117897 459794 869090 525629 8921152 7709148 261568 600198 453017 8117897 8004635 173026 -44687 423826 7709148 6994083 113568 1393438 496454 8004635 6611561 45475 746729 409682 6994083 0.91270 0.08730 0 1 1 94344 83057 11287 629844 530901 98943 138759 33458 105301 215531 INTERCOMPANY PAYABLE 513422 LINE OF CREDIT 1702974 OBLIGATIONS UNDER CAPITAL LEASE 23336 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 69955 2309687 X 12699265 418856 64739 483595 12215670 525629 525629 12741299 13999289 418856 64739 483595 13515694 0 13515694 PART V, LINE 4: TO SUPPORT THE ACTIVITIES OF THE NORTH CAROLINA SYMPHONY SOCIETY. 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 ASC. WITH FEW EXCEPTIONS, THE SYMPHONY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 64,739. PART XI, LINE 4B - OTHER ADJUSTMENTS: PAYMENTS RECEIVED FROM AFFILIATE 525,629. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 64,739. X X X X X X X 1 BENNETT DIRECT 231 EAST BUFFALO ST STE 200 MILWAUKEE WI 53202 TELEFUNDING 0 45031 30178 14853 45031 30178 14853 NC MISSION POSSIBLE II 161870 161870 39778 FRIENDS OF NOTE LUNCHEON 58486 58486 24961 220356 220356 64739 64739 155617 X 0 1 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 9758 0 219758 0 0 0 GRANT LLEWELLYN MUSIC DIRECTOR 234229 0 0 0 0 0 0 0 2354 0 236583 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES AN APARTMENT FOR 12 WEEKS PER YEAR FOR GRANT LLEWELLYN THE MUSIC DIRECTOR. SHARAT NAGARAJ TRUSTEE 52641 INFORM TECHNOLOGYMR. NAGARAJ JOINED THE BOARD OF TRUSTEES THIS YEAR. THE ORGANIZATION HAS PURCHASED IT EQUIPMENT AND SUPPORT SERVICES FROM HIS COMPANY FOR 13 YEARS PRIOR TO HIS JOINING THE BOARD, AND CONTINUES THAT RELATIONSHIP. 0 X 32 515281 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNOR APPOINTS FOUR TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE 990 (EXCLUDING SCHEDULE B) IS REVIEWED AND APPROVED BY THE AUDIT SUBCOMMITTEE. THE 990 (EXCLUDING SCHEDULE B) IS THEN MADE AVAILABLE TO ALL BOARD MEMBERS PRIOR TO FILING. 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 AN INDEPENDENT COMMITTEE REVIEWS THE CEO'S COMPENSATION AND THE COMPENSATION FOR THE VICE PRESIDENTS. 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 2013-14 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. NORTH CAROLINA SYMPHONY FOUNDATION 3700 GLENWOOD AVENUE STE 130 RALEIGH NC 27612 581495066 TO PROMOTE MUSICAL CULTURE AND EDUCATION NC 501(C)(3) LINE 11C, III-FI 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0