2014-04-11T17:39:10-05:00 2013-05-31 BDO USA LLP 700 NORTH PEARL ST SUITE 2000 DALLAS TX 75201 990 2012-06-01 751529851 DALLAS SYMPHONY FOUNDATION % RANDY LEISER VP FINANCE DSA DALL 2148714000 2301 FLORA STREET SCHLEGEL ADMINIS SUITES Suite 300 DALLAS TX 75201 Scott Hancock 2148714000 2014-03-01 true Laurie B Elmore CPA 2149697007 2012 2015-11-30 17:44:51Z Scott Hancock 2301 FLORA STREET SUITE 300 DALLAS TX 752012497 39240077 false X www.dallassymphony.com X 1976 TX THE DALLAS SYMPHONY FOUNDATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, AND TO FURTHER THE PURPOSES OF THE DALLAS SYMPHONY ASSOCIATION. 15 15 0 0 384077 3455939 0 0 7000178 2559892 0 0 7384255 6015831 5516280 5745497 0 0 0 0 0 0 0 294753 299365 5811033 6044862 1573222 -29031 91648070 104676169 1611751 1363516 90036319 103312653 X THE PURPOSE OF THE DALLAS SYMPHONY FOUNDATION IS TO MANAGE AND INVEST AN ENDOWMENT FUND FOR THE BENEFIT OF THE DALLAS SYMPHONY ASSOCIATION (75-0705442), AND TO MAKE ANNUAL DISTRIBUTIONS TO THE DALLAS SYMPHONY ASSOCIATION FROM THIS ENDOWMENT FUND. DURING THE FISCAL YEAR ENDING MAY 31, 2013, THE FOUNDATION DISTRIBUTED $5,745,497 TO THE ASSOCIATION. false false 5746706 5745497 2559892 The purpose of the Dallas Symphony Foundation is to manage and invest an endowment fund for the benefit of the Dallas Symphony Association (75-0705442), and to make annual distributions to the Dallas Symphony Association from this endowment fund. During the fiscal year ending May 31, 2013, the Foundation distributed $5,745,497 to the Association 5746706 true true false false false false false false false true true true false false true true true true false false false false false false false false false true false false false false false false false false false false true false false false false true false false false true 0 0 0 false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true false false false X X RANDY LEISER VP FINANCE DSA 2148714003 2301 FLORA STREET SUITE 300 DALLAS TX 75201 X X DONALD J STONE 1.0 X 0 0 0 HOWARD HALLAM 1.0 X 0 0 0 HOWARD E RACHOFSKY 1.0 X 0 0 0 SAM SELF 1.0 X 0 0 0 GREGG BALLEW 1.0 X 0 0 0 DOLORES BARZUNE 1.0 X 0 0 0 PETER D BRUNDAGE 1.0 X 0 0 0 RICHARD E FRELING 1.0 X 0 0 0 AMY GROFF 1.0 X 0 0 0 SCOTT W HANCOCK 1.0 X 0 0 0 JEANNE R JOHNSON 1.0 X 0 0 0 CHARLES PRICE 1.0 X 0 0 0 STANLEY A RABIN 1.0 X 0 0 0 WILLIAM SCHILLING 1.0 X 0 0 0 BILLIE I WILLIAMSON 1.0 X 0 0 0 DAVID ROSENBERG 1.0 X 0 0 0 Meredith Camp 1.0 40.0 X 0 48254 10263 0 48254 10263 0 false false false NFJ INVESTMENT GROUP 2121 SAN JACINTO SUITE 1480 DALLAS TX 75201 INVESTMENT MGMT FEE 115275 1 3455939 2009137 3455939 0 1320001 1320001 0 0 0 0 0 34464137 33224246 1239891 1239891 0 0 0 0 6015831 1320001 5745497 5745497 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FEES TO INVESTMENT MGRS 298156 298156 0 AMORT. GIFT ANNUITY 1209 1209 0 6044862 5746706 298156 0 X 0 0 0 0 87976 532398 898373 914398 0 0 0 0 0 0 0 0 0 0 1950000 1950000 1950000 43133784 50198458 45276993 50779971 0 0 0 0 300944 300944 91648070 104676169 1342001 696521 258241 656678 0 0 0 0 0 0 0 0 0 0 0 0 11509 10317 1611751 1363516 X -1220998 -780119 18708908 28149623 72548409 75943149 90036319 103312653 91648070 104676169 -29031 13305365 X false true X true false X X X DALLAS SYMPHONY ASSOCIATION 750705442 0 true true true 5745497 1 5745497 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 91745772 3454730 14766074 5745497 104221079 99026248 382788 -2146984 5516280 91745772 90891451 271250 12248327 4384780 99026248 82960932 125905 11899956 4095342 90891451 106541703 287993 -19585045 4283723 82960928 0.73000 0.27000 false false 1950000 1950000 1950000 50779971 F 50779971 0 LIABILITY FOR ANNUITY-NET 10317 10317 X 19021831 13305365 -298156 13007209 6014622 1209 1209 6015831 5745497 5745497 298156 1209 299365 6044862 fees to investment managers Schedule D, Part XI, Line 2d, and schedule D, Part XII, line 4A investment income on the financial statements is a net number, i.e. investment income less related expenses is shown on the audit report. amortization of gift annuity Schedule D, Part Xi, Line 4b and Schedule D, Part XII, Line 4b amortization of the annuity. FIN 48 DISCLOSURE SCHEDULE D, PART X, ITEM 2 THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE Foundation RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECONCILIATION FROM MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGEMENT OCCURS. MANAGEMENT BELIEVES THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS. true DALLAS SYMPHONY ASSOCIATION 2301 FLORA STREET SUITE 300 DALLAS TX 75206 750705442 501(c)(3) 5745497 FMV Operations, support 1 X 4 2009137 Average FMV false true true Stock gifts Sch M Column B There were 4 stock gifts made to the Dallas Symphony Foundation during the 2012-2013 tax year, that included 32,616 shares of stock. Valuation Sch M, Line 9, Column D The value of the stock is determined using an average of the high price and the low price times the number of shares on the date of the transfer to the Dallas Symphony Foundation. Sale of donated stock Sch M Line 32b Stock is transferred into a separate account where it is then sold. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. A CONFLICT OF INTEREST QUESTIONNAIRE IS SENT OUT ANNUALLY TO EVERY MEMBER OF THE GOVERNING BODY. THE RESULTS ARE REVIEWED BY HUMAN RESOURCES AND FINANCE TO DETERMINE WHETHER THERE ARE ANY MEMBERS OF THE GOVERNING BODY WHO ARE NOT INDEPENDENT. TAX RETURN PREPARATION FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE CONTROLLER, REVIEWED BY THE VICE PRESIDENT OF FINANCE OF THE DALLAS SYMPHONY ASSOCIATION. THE FORM AND ALL SUPPORTING DOCUMENTS ARE PROVIDED TO THE TAX ACCOUNTANTS AT BDO USA, LLP FOR REVIEW AND ENTRY INTO THE EFILE SYSTEM. the return is then reviewed by the president of the DSF. THE FORM 990 IS then APPROVED BY THE DALLAS SYMPHONY ASSOCIATION AUDIT COMMITTEE (THE ASSOCIATION'S AUDIT COMMITTEE IS AUTHORIZED TO APPROVE THE 990 of the DSF). The Form 990 is then provided to the Board of Directors for review prior to the filing of the 990. WHISTLE BLOWER POLICY FORM 990, PART VI, SECTION B, LINE 13 THE ORGANIZATION FOLLOWS THE WHISTLEBLOWER POLICY OF THE DALLAS SYMPHONY ASSOCIATION. DOCUMENT RETENTION FORM 990, PART VI, SECTION B, LINE 14 THE ORGANIZATION FOLLOWS THE DOCUMENT RETENTION AND DESTRUCTION POLICY OF THE DALLAS SYMPHONY ASSOCIATION. NO COMPENSATION FOR Officers or DIRECTORS FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY officers or DIRECTORS. FINANCIAL STATEMENTS AVAILABLE FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS Financial STATEMENTS AVAILABLE TO THE PUBLIC ON THE GUIDESTAR WEBSITE AND BY REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE VIA REQUEST. THE GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. Net unrealized gain/loss on investments 990, Part XI, line 5 The other changes in net assets amount agrees with Sch D, part XI, line 9. Line 9 is Net unrealized gains/(losses)on investments. Statement of revenue reconciliation Part VIII, line 1f reconciliation Reconciliation from General Ledger to Tax Return Contributions per GL 3,011,516 Payments on prior pledges + 444,423 ----------- Total 3,455,939 DALLAS SYMPHONY ASSOCIATION 2301 FLORA STREET SUITE 300 DALLAS TX 75201 750705442 MUSIC PRODCT TX 501(c)(3) 509(A)(2) DAS SYM ASSC false false true false true false false false false false false false false true true true false false false 1 PART V, LINE 2(1)(D) THE BOARD OF DIRECTORS ESTABLISHED A MAXIMUM ANNUAL DISTRIBUTION LIMITED TO 5.25% OF THE AVERAGE MARKET VALUE OF THE ASSETS AS OF THE END OF THE PREVIOUS TWELVE QUARTERS.