2014-07-09T15:16:35-05:00 2013-08-31 205991824 SC&H TAX & ADVISORY SERVICES LLC 910 RIDGEBROOK ROAD SPARKS MD 21152 990 2012-09-01 520629696 BALTIMORE SYMPHONY ORCHESTRA INC BALT 4107838100 1212 CATHEDRAL STREET BALTIMORE MD 212015517 PAUL MEECHAM 4107838095 2014-07-01 1 LORI S BURGHAUSER P00370694 4104031500 2014-07-01 2012 2015-11-30 17:44:51Z PAUL MEECHAM 1212 CATHEDRAL STREET BALTIMORE MD 212015517 25733910 0 X WWW.BSOMUSIC.ORG X 1942 MD PROVIDING SYMPHONIC CONCERTS,CULTURAL AND EDUCATIONAL. 35 33 532 350 0 0 13333461 14454675 10068900 10176564 11745 11145 572760 281457 23986866 24923841 0 0 0 0 15157384 15642428 151937 133839 1456791 9807039 9595735 25116360 25372002 -1129494 -448161 11486183 10961253 17949724 15383652 -6463541 -4422399 X THE BALTIMORE SYMPHONY ORCHESTRA'S (BSO) MISSION IS TO PROMOTE, ORGANIZE, MANAGE AND MAINTAIN A SYMPHONY ORCHESTRA FOR THE CITY OF BALTIMORE AND THE STATE OF MARYLAND AND TO HOLD, SPONSOR, AND PRESENT MUSICAL CONCERTS BY THE BALTIMORE SYMPHONY ORCHESTRA. BSO IS AN INTERNATIONALLY RECOGNIZED SYMPHONY ORCHESTRA THAT HAS ATTRACTED A DEVOTED NATIONAL AND INTERNATIONAL FOLLOWING WHILE MAINTAINING DEEP BONDS THROUGHOUT MARYLAND WITH INNOVATIVE EDUCATION AND COMMUNITY OUTREACH INITIATIVES. 0 0 22558720 0 10176564 PROVIDES SYMPHONIC CONCERTS, CULTURAL AND EDUCATIONAL PRESENTATIONS, CULTURAL AND EDUCATIONAL RENTALS, BROADCASTING AND RECORDING. 22558720 1 1 0 1 0 0 0 0 0 1 1 0 0 1 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 1 1 0 0 1 194 0 1 532 1 0 0 0 0 0 1 1 0 0 0 0 X 35 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X JOHN VERDON 4107838095 1212 CATHEDRAL STREET BALTIMORE MD 212015517 MR KENNETH W DEFONTES JR 2.00 0.00 X 0 0 0 MS LAINY LEBOW-SACHS 2.00 0.00 X 0 0 0 KATHLEEN A CHAGNON ESQ 2.00 0.00 X 0 0 0 HON STEVEN R SCHUH 2.00 0.00 X 0 0 0 MR JIMMY BERG 2.00 0.00 X 0 0 0 MR AGW BIDDLE III 2.00 0.00 X 0 0 0 MS BARBARA M BOZZUTO 2.00 0.00 X 0 0 0 MS CONSTANCE R CAPLAN 2.00 0.00 X 0 0 0 MR ROBERT B COUTTS 2.00 0.00 X 0 0 0 MR GEORGE DRASTAL 2.00 0.00 X 0 0 0 MR ALAN S EDELMAN 2.00 0.00 X 0 0 0 MS SUSAN G ESSERMAN 2.00 0.00 X 0 0 0 MR MICHAEL G HANSEN 2.00 0.00 X 0 0 0 MS BETH KAPLAN 2.00 0.00 X 0 0 0 MR MURRAY M KAPPELMAN MD 2.00 0.00 X 0 0 0 MR STEPHEN M LANS 2.00 0.00 X 0 0 0 MS SANDRA LEVI GERSTUNG 2.00 0.00 X 0 0 0 MS AVA LIAS-BOOKER ESQ 2.00 0.00 X 0 0 0 MS SUSAN M LISS ESQ 2.00 0.00 X 0 0 0 MR HOWARD MAJEV ESQ 2.00 0.00 X 0 0 0 MS LIDDY MANSON 2.00 0.00 X 0 0 0 MR HILLARY B MILLER 2.00 0.00 X 0 0 0 DR DAVID OROS 2.00 0.00 X 0 0 0 MS MARGE PENHALLEGON 2.00 0.00 X 0 0 0 MR MICHAEL P PINTO 2.00 0.00 X 0 0 0 MS CYNTHIA RENN 2.00 0.00 X 0 0 0 MR SCOTT RIFKIN MD 2.00 0.00 X 0 0 0 MRS ANN L ROSENBERG 2.00 0.00 X 0 0 0 MR BRUCE E ROSENBLUM 2.00 0.00 X 0 0 0 MR STEPHEN D SHAWE ESQ 2.00 0.00 X 0 0 0 HON JAMES T SMITH JR 2.00 0.00 X 0 0 0 MR SOLOMON H SNYDER MD 2.00 0.00 X 0 0 0 MR ANDREW A STERN 2.00 0.00 X 0 0 0 MR WILLIAM R WAGNER 2.00 0.00 X 0 0 0 MR JEFFREY T ZOLLER 2.00 0.00 X 0 0 0 PAUL MEECHAM 39.00 1.00 X X 242868 0 25651 BETH BUCK 39.00 1.00 X 140187 0 17554 JOHN VERDON 39.00 1.00 X 0 0 0 JONATHAN CARNEY 40.00 0.00 X 250193 0 33621 MARIN ALSOP 40.00 0.00 X 249411 0 25503 ENNIS SEIBERT 40.00 0.00 X 184400 0 17897 TODD PRICE 40.00 0.00 X 163534 0 17271 DALE HEDDING 40.00 0.00 X 147389 0 11924 1377982 0 149421 16 0 1 0 MARIN ALSOP CO OPUS 3 ARTISTS LLC 470 PARK AVENUE SOUTH 9TH FLOOR NEW YORK NY 10016 CONDUCTOR 656000 SD&A TELESERVICE 5757 W CENTURY BLVD SUITE 300 LOS ANGELES CA 90045 SALES & FUNDRAISING 340550 MCARDLE PRINTING COMPANY INC 800 COMMERCE DRIVE UPPER MARLBORO MD 20774 PRINTING 234136 CES SECURITY INC 115 MCHENRY AVENUE BALTIMORE MD 21208 SECURITY 168801 EXCEL LIGHTING SERVICES 7016 GOLDEN RING ROAD BALTIMORE MD 21237 LIGHTING PRODUCTION 138470 5 739297 3061013 3503924 7150441 404716 14454675 CONCERT INCOME 711130 9901155 9901155 OTHER PROGRAM SERVICE REVENUE 711130 183919 183919 BSYO TUITION REVENUE 711130 91490 91490 10176564 11145 11145 712221 462244 249977 249977 249977 252265 739297 347825 -95560 -95560 CONCESSIONS 722210 127040 127040 127040 24923841 10176564 0 292602 X 426945 128084 213472 85389 11296956 10264559 333922 698475 1153358 1142744 10614 1905462 1744335 71640 89487 859707 754849 53387 51471 44759 44759 15723 15723 133839 133839 3402381 3194275 188871 19235 1785827 1785827 581755 337634 93819 150302 156847 18791 138056 1394119 1394119 389253 355069 7429 26755 33949 20626 13323 95290 95290 177738 31655 146083 PROGRAMS 373925 373925 EQUIPMENT RENTAL 334787 334787 CREDIT CARD FEES 188705 188705 EQUIPMENT HAULING 183043 183043 437634 231029 18090 188515 25372002 22558720 1356491 1456791 500 700 6417512 5448650 1583595 1205196 287298 311939 821421 1617108 1871793 1492617 402496 379176 1973361 1998484 11486183 10961253 1301540 1775648 7164141 6683731 9484043 6924273 17949724 15383652 X -7684763 -5701232 1221222 1278833 -6463541 -4422399 11486183 10961253 X -448161 13795 2475508 X X 0 1 X 1 0 X 10830433 15314769 14886487 13333461 14454675 68819825 10830433 15314769 14886487 13333461 14454675 68819825 68819825 786235 602487 821059 1064283 723366 3997430 72817255 50568266 0.94510 0.94060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15723 15723 25356279 25372002 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 16581 14895 16291 15723 63490 250000 250000 250000 250000 1000000 1500000 16581 14895 16291 15723 63490 58977049 493000 7395217 3061013 1379269 107868 62317116 58573366 191772 4783470 2864511 1594286 112762 58977049 54379133 7552110 2872540 386134 99203 58573366 52187854 1097917 4235879 23653963 339687 148867 54379133 61686000 308470 -8301918 1403328 98370 52187854 1.00000 0 1 1 10843 3747 7096 1860950 1488870 372080 379176 DUE FROM AFFILIATES 1998484 1998484 ACCRUED PENSION COSTS 6838253 ACCRUED RETIREMENT BENEFITS 86020 6924273 X DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT IS HELD BY THE BALTIMORE SYMPHONY ENDOWMENT TRUST, A SUPPORTING ORGANIZATION. THE ENDOWMENT IS USED TO SUPPORT THE CHARITABLE, LITERARY AND EDUCATIONAL PURPOSES ASSOCIATED WITH THE PROMOTION OF AN APPRECIATION OF ORCHESTRAL AND SYMPHONIC MUSIC. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: ASC 740, INCOME TAXES (ASC 740), PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AS WELL AS GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES AND CONSOLIDATED FINANCIAL STATEMENT REPORTING DISCLOSURES. FOR THESE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE SYMPHONY CONTINUES TO REMAIN SUBJECT TO EXAMINATION BY U.S. FEDERAL AUTHORITIES FOR THE YEARS 2010 THROUGH 2013. THE SYMPHONY RECOGNIZES INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX EXPOSURE AS A COMPONENT OF INCOME TAX EXPENSE. THE SYMPHONY DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF AUGUST 31, 2013 AND 2012. X X X X X X X 1 SD&A TELESERVICESINC 5757 W CENTURY BLVD SUITE 300 LOS ANGELES CA 90045 TELEFUNDING 0 219056 133839 85217 219056 133839 85217 MD DC VA GALA 902140 649875 252265 11355 336470 BSA SHOWHOUSE 89422 89422 991562 739297 252265 11355 336470 347825 -95560 EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE ORGANIZATION USED A PROFESSIONAL FUNDRAISER DURING THE FISCAL YEAR 2013 TO PROVIDE GENERAL FUNDRAISING SERVICES FOR BSO. X X 0 0 0 0 0 0 0 0 0 PAUL MEECHAM 242610 0 0 0 258 0 2500 0 23151 0 268519 0 0 0 BETH BUCK 139929 0 0 0 258 0 0 0 17554 0 157741 0 0 0 JONATHAN CARNEY 250055 0 0 0 138 0 10408 0 23213 0 283814 0 0 0 MARIN ALSOP 249153 0 0 0 258 0 2500 0 23003 0 274914 0 0 0 ENNIS SEIBERT 184162 0 0 0 238 0 5532 0 12365 0 202297 0 0 0 TODD PRICE 163482 0 0 0 52 0 4906 0 12365 0 180805 0 0 0 DALE HEDDING 147299 0 0 0 90 0 2500 0 9424 0 159313 0 0 0 SUPPLEMENTAL INFORMATION PART III OPUS 3 ARTISTS, LLC, A COMPANY THAT MANAGES DISTINGUISHED PERFORMING ARTISTS, IS PAID $656,000 AS AN INDEPENDENT CONTRACTOR FOR MARIN ALSOP'S INDEPENDENT SERVICES OUTSIDE OF HER COMPENSATION AGREEMENT WITH THE BSO. BALTIMORE GAS & ELECTRIC CO INC INDIRECT BUSINESS 120991 MR. DEFONTES, JR. IS THE CHAIRMAN OF THE ORGANIZATION'S BOARD AND PRESIDENT AND CEO OF BALTIMORE, GAS & ELECTRIC CO. BALTIMORE GAS & ELECTRIC CO. IS THE ORGANIZATION'S MAIN UTILITY PROVIDER. 0 X 77 404716 FMV 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE, A SUB-COMMITTEE OF THE BOARD OF DIRECTORS, PRIOR TO SUBMISSION. A COPY OF THE FORM 990 WAS ALSO EMAILED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BSO HAS A CONFLICT OF INTEREST POLICY THAT IS AVAILABLE TO ALL EMPLOYEES IN THE STAFF EMPLOYEE HANDBOOK. THE HANDBOOK IS ISSUED TO EVERY NEW EMPLOYEE OF THE BSO AND THE EMPLOYEE MUST SIGN TO SAY THAT THEY HAVE READ AND UNDERSTOOD THE INFORMATION PROVIDED. THE CONFLICT OF INTEREST POLICY IS MONITORED BY MANAGEMENT WITH EMPHASIS ON THOSE AREAS THAT ARE ESPECIALLY SUSCEPTIBLE TO POSSIBLE CONFLICTS. ANY POTENTIAL CONFLICTS WOULD BE DEALT WITH ON AN INDIVIDUAL BASIS BY THE PRESIDENT/CEO AND THE DIRECTOR OF HUMAN RESOURCES AS NECESSARY. THE CONFLICT OF INTEREST POLICY IS AFFIRMATIVELY REVIEWED AND SIGNED BY THE BOARD OF DIRECTORS EVERY YEAR. FORM 990, PART VI, SECTION B, LINE 15 BSO FORMED A COMPENSATION COMMITTEE IN THE LATE SUMMER OF 2013 TO SPECIFICALLY DEAL WITH THE CONTRACT OF THE PRESIDENT AND CEO. THE COMMITTEE INITIATED RESEARCH TO DETERMINE REASONABLE COMPENSATION. THAT RESEARCH WAS BASED ON COMPENSATION INFORMATION RECEIVED FROM ORCHESTRAS OF COMPARABLE SIZE IN REVENUE, SEASON LENGTH AND ORCHESTRA SIZE. UPON REVIEW OF THE DATA RECEIVED, THE COMMITTEE REACHED A CONCLUSION AND THE SPECIFIC CONTRACT WAS NEGOTIATED DIRECTLY WITH THE EMPLOYEE. IT IS THE INTENTION OF THE BOARD OF DIRECTORS TO KEEP THE COMPENSATION COMMITTEE ACTIVE AND AVAILABLE TO HANDLE COMPENSATION ISSUES OF TOP MANAGEMENT, OFFICERS AND KEY EMPLOYEES. THE METHODS EMPLOYED AS DESCRIBED ABOVE WILL BE USED ON A CONSISTENT BASIS TO DETERMINE A REASONABLE WAGE FOR EACH POSITION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS EMAILED TO THE ENTIRE BOARD OF DIRECTORS. OTHER FEES FORM 990, PART IX, LINE 11G CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 290,998. MANAGEMENT AND GENERAL EXPENSES 188,871. FUNDRAISING EXPENSES 19,235. TOTAL EXPENSES 499,104. CONDUCTORS & GUEST ARTISTS: PROGRAM SERVICE EXPENSES 2,903,277. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,903,277. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: PENSION RELATED CHANGES INCLUDING NET PERIODIC PENSION COSTS 2,475,508. FORM 990, PAGE 12, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BALTIMORE SYMPHONY ENDOWMENT TRUST 1212 CATHEDRAL STREET BALTIMORE MD 21201 770659339 SUPPORT APPRECIATION OF ORCHESTRAL AND SYMPHONIC MUSIC MD 501(C)(3) 11A - TYPE I BALTIMORE SYMPHONY ORCHESTRA INC 1 CATHEDRAL PARKING INC 1212 CATHEDRAL STREET BALTIMORE MD 21201 521239270 PARKING GARAGE MD N/A C 0 CHARITABLE REMAINDER TRUST (2) CHARITABLE REMAINDER TRUST MD T 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 BALTIMORE SYMPHONY ENDOWMENT TRUST O 368895 FMV BALTIMORE SYMPHONY ENDOWMENT TRUST C 3061013 FMV BALTIMORE SYMPHONY ENDOWMENT TRUST Q 314321 FMV