2014-07-14T12:54:36-05:00 2013-08-31 205788602 GLASERDUNCAN CPAS 1040 ANNA KNAPP BLVD MOUNT PLEASANT SC 29464 990 2012-09-01 570660848 SPOLETO FESTIVAL USA INC SPOL 8437222764 14 GEORGE STREET CHARLESTON SC 29401 TASHA GANDY 8437222764 2014-07-14 1 ERIK M GLASER CPA P00724565 8438490655 2012 2015-11-30 17:44:51Z NIGEL REDDEN 14 GEORGE STREET CHARLESTON SC 29401 11812591 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 45 351 400 122776 -12427 3540976 5802088 3294152 3197235 126650 404988 362559 445027 7324337 9849338 0 0 0 0 2356942 2285298 0 0 665259 4744836 5221988 7101778 7507286 222559 2342052 14119953 16291409 2483665 2365515 11636288 13925894 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. 0 0 5955880 3297264 FOR 17 DAYS AND NIGHTS EACH SPRING, SPOLETO FESTIVAL USA FILLS CHARLESTON, SOUTH CAROLINA'S HISTORIC THEATERS, CHURCHES AND OUTDOOR SPACES WITH MORE THAN 137 PERFORMANCES BY RENOWNED ARTISTS AS WELL AS EMERGING PERFORMERS IN OPERA, THEATER, DANCE, CHAMBER MUSIC, SYMPHONIC MUSIC, CHORAL AND JAZZ MUSIC. 5955880 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 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 1 145 0 351 1 1 1 0 0 0 0 1 1 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 THE ORGANIZATION 8437222764 14 GEORGE STREET CHARLESTON SC 29401 CARLOS E EVANS 1.00 X X 0 0 0 JENNIE L DESCHERER 1.00 X X 0 0 0 LOU RENA HAMMOND 1.00 X X 0 0 0 MARIE LAND 1.00 X X 0 0 0 DRJOHN M PALMS 1.00 X X 0 0 0 W LUCAS SIMONS 1.00 X X 0 0 0 JOEL A SMITH III 1.00 X X 0 0 0 LOREN R ZIFF 1.00 X X 0 0 0 M EDWARD SELLERS 1.00 X X 0 0 0 JOHN B HAGERTY 1.00 X X 0 0 0 RONALD D ABRAMSON 1.00 X X 0 0 0 DENISE BARTO 0.30 X 0 0 0 KATHARINE I BUTLER-BACHMANN 0.30 X 0 0 0 AMY BLUMENTHAL 0.30 X 0 0 0 JAMES W BRADSHAW 0.30 X 0 0 0 JOHN STEELE CHALSTY 0.30 X 0 0 0 JOAN S COKER 0.30 X 0 0 0 LEONARD S COLEMAN JR 0.30 X 0 0 0 SUSAN T FRIBERG 0.30 X 0 0 0 PENELOPE HALL 0.30 X 0 0 0 OZEY K HORTON JR 0.30 X 0 0 0 SUSAN PHIFER JOHNSON 0.30 X 0 0 0 BARRY I KALINSKY 0.30 X 0 0 0 DR GEORGE KHOURY 0.30 X 0 0 0 DR MICHAEL S KOGAN 0.30 X 0 0 0 CHRISTOPHER LATHAM 1.00 X X 0 0 0 MEMRIE LEWIS 0.30 X 0 0 0 CINDI ANNE SOLOMON 0.30 X 0 0 0 WILLIAM G MEDICH 0.30 X 0 0 0 STEPHEN G MORRISON 0.30 X 0 0 0 MARIAN M NISBET 0.30 X 0 0 0 AUBREY SARVIS 0.30 X 0 0 0 WALTER G SEINSHEIMER 0.30 X 0 0 0 ELIZABETH H SULLIVAN 0.30 X 0 0 0 CYNTHIA B THOMPSON 0.30 X 0 0 0 HELLENA HUNTLEY TIDWELL 0.30 X 0 0 0 ANITE G ZUCKER 0.30 X 0 0 0 JAMES N RICHARDSON 0.30 X 0 0 0 RICHARD J ALMEIDA 1.00 X X 0 0 0 SUSAN BAKER 0.30 X 0 0 0 RANDOLPH JFRIEDMAN 0.30 X 0 0 0 LINDA LESOURD LADER 0.30 X 0 0 0 MRS VALERIE M BARNET 0.30 X 0 0 0 ALICIA MULLEN GREGORY 0.30 X 0 0 0 MARY MARGARET MCLERNON 0.30 X 0 0 0 NIGEL REDDEN 40.00 X 226115 0 24695 TASHA GANDY 40.00 X 110433 0 9668 336548 0 34363 2 0 1 0 COLLEGE OF CHARLESTON 66 GEORGE STREET CHARLESTON SC 29424 TEMPORARY HOUSING AND VENUE RENTAL 262960 GATE THEATRE PRODUCTIONS CAVENDISH ROW PARNELL SQUARE DUBLIN EI THEATER PRODUCTION SERVICES 237459 ALVIN AILEY DANCE FOUNDATION INC 405 W 55TH STREET NEW YORK NY 10019 DANCE PRODUCTION SERVICES 150000 TECHNICAL THEATRE SOLUTIONS LLC PO BOX 21420 CHARLESTON SC 29413 PRODUCTION MANAGEMENT CONSULTING 139843 THE MASQUE SOUND AND RECORDING CORP 9468 AMERICAN EAGLE WAY ORLANDO FL 32837 AUDIO CONSULTING AND RENTALS 113071 6 158557 439409 5204122 175576 5802088 ADMISSION SALES 711300 2805840 2805840 CO-PRODUCTION FEES 711300 224050 224050 BOX OFFICE HANDLING FE 711300 167345 167345 3197235 124830 124830 133854 76836 0 18810 133854 58026 191880 58026 133854 1975799 1695641 280158 280158 280158 330772 158557 242404 88368 88368 12568 6398 6170 6170 OTHER REVENUE 711300 93859 93859 ADVERTISING 541800 64750 64750 158609 9849338 3297264 122776 627210 370087 103627 162836 103624 1616766 1123181 120514 373071 27207 18416 3332 5459 94472 32155 32866 29451 176766 106370 45575 24821 29605 29605 185036 173276 11760 29166 29166 408140 270670 127966 9504 93294 93294 102560 102560 469226 375720 57542 35964 981899 936245 36025 9629 7076 3310 3766 72333 42458 29875 600685 423483 108724 68478 121771 32434 87845 1492 PERFORMANCE FEES 1375228 1375228 SETS, COSTUMES & PROPS 424159 424159 GENERAL PRODUCTION 279698 279698 BAD DEBT 42112 10430 31682 7507286 5955880 886147 665259 342349 491638 1020887 2333487 68857 22628 4000 4000 54819 130260 11921232 3857522 8401985 8063710 4227056 4940890 0 304796 14119953 16291409 145677 112380 12155 32302 2325833 2220833 2483665 2365515 X 7150338 7264847 611066 852090 3874884 5808957 11636288 13925894 14119953 16291409 2342052 -52446 0 X 0 1 X 1 0 X 4058429 4529705 3036704 3623500 5802088 21050426 2430604 3108853 3015226 3304725 3197235 15056643 6489033 7638558 6051930 6928225 8999323 36107069 729842 1703745 701802 753052 1526322 5414763 675500 1227105 1902605 1405342 1703745 701802 753052 2753427 7317368 28789701 206816 252159 540388 290259 316710 1606332 206816 252159 540388 290259 316710 1606332 25992 18522 16655 35939 93859 190967 6721841 7909239 6608973 7254423 9409892 37904368 0.75950 0.79470 0.04240 0.03910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4087112 1934073 353851 170000 6205036 3676927 295292 284893 170000 4087112 3430991 10411 405525 170000 3676927 3246479 30681 296831 143000 3430991 3900820 886 -470227 185000 3246479 1.00000 1 0 4194666 1430291 2764375 6485948 1640189 4845759 1066849 665996 400853 173769 121046 52723 8063710 LONG TERM NOTES PAYABLE 1170833 NOTES PAYABLE - LINE OF CREDIT 1050000 2220833 9832491 -52446 29201 -23245 9855736 -6398 -6398 9849338 7542885 29201 6398 35599 7507286 0 7507286 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FESTIVAL'S ENDOWMENTS CONSIST OF FUNDS ESTABLISHED FOR VARIOUS PURPOSES, SUCH AS FOR ARTISTIC PROGRAMMING AND FOR AN APPRENTICESHIP PROGRAM. THE ENDOWMENTS INCLUDE ONLY DONOR-RESTRICTED ENDOWMENT FUNDS HELD BY THE FESTIVAL. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -6,398. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,398. OPENING NIGHT FETE 105650 105650 53436 SFUSA ORCHESTRA AUCTION 211812 53000 158812 44060 3 171867 105557 66310 144908 489329 158557 330772 242404 242404 88368 X X X X 0 0 0 0 0 0 0 0 0 NIGEL REDDEN 226115 0 0 0 0 0 24059 0 636 0 250810 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 15 175576 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 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 AVAULABLE AT THE FESTIVAL'S MAIN OFFICE. 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