2014-03-14T12:05:17-05:00 2013-06-30 131655065 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2012-07-01 132941455 THE SYMPHONY SPACE INC SYMP 2128641414 2537 BROADWAY NEW YORK NY 10025 CYNTHIA ELLIOTT 2128641414 2014-02-27 1 CHRIS BELLANDO P00541714 2126972299 2012 2015-11-30 17:44:51Z CYNTHIA ELLIOTT 2537 BROADWAY NEW YORK NY 10025 11526464 0 X HTTP://WWW.SYMPHONYSPACE.ORG X 1978 NY SEE SCHEDULE O.SYMPHONY SPACE'S MISSION, AS A PRE-EMINENT MULTI-DISCIPLINARY PERFORMING ARTS CENTER, IS TO OFFER ARTISTIC LEADERSHIP THAT PROMOTES INNOVATION, EXCELLENCE, ENGAGEMENT, AND ACCESSIBLITY TO ARTISTS AND AUDIENCES ALIKE. WE ARE DEDICATED TO SERVING A BROAD AND DIVERSE COMMUNITY, AS DEMONSTRATED BY THE STYLISTIC RANGE OF OUR PROGRAMMING, OUR REASONABLE PRICES (BOTH TICKETS AND RENTALS), AND BY OUR LEADERSHIP ROLES IN THE ARTS AND LITERARY EDUCATION FOR CHILDREN AND ADULTS.VISION AND VALUES:SYMPHONY SPACE'S GOAL IS TO BE NATIONALLY AND INTERNATIONALLY RECOGNIZED AS A CULTURAL LEADER. IN KEEPING WITH ITS FOUNDING PRINCIPLES, SYMPHONY SPACE IS COMMITTED TO:-BUILDING AND NURTURING RELATIONSHIPS WITH ESTABLISHED AND EMERGING ARTISTS-ENCOURAGING INNOVATION AND EXCELLENCE AS THE KEYSTONES OF ALL PRESENTED AND PRODUCED WORK-FOSTERING A CREATIVE ENVIRONMENT THAT ENGAGES AND INSPIRES ARTISTS AND AUDIENCES OF ALL AGES. 30 29 168 22 40400 -2572 2101965 1937293 2482116 2504619 401766 618219 394737 392619 5380584 5452750 0 0 0 0 3339583 3414088 35000 35000 761145 2707520 3226193 6082103 6675281 -701519 -1222531 22877751 22094000 650037 656595 22227714 21437405 X SYMPHONY SPACE'S MISSION, AS A PRE-EMINENT MULTI-DISCIPLINARY PERFORMING ARTS CENTER, IS TO OFFER ARTISTIC LEADERSHIP THAT PROMOTES INNOVATION, EXCELLENCE, ENGAGEMENT, AND ACCESSIBLITY TO ARTISTS AND AUDIENCES ALIKE. WE ARE DEDICATED TO SERVING A BROAD AND DIVERSE COMMUNITY, AS DEMONSTRATED BY THE STYLISTIC RANGE OF OUR PROGRAMMING, OUR REASONABLE PRICES (BOTH TICKETS AND RENTALS), AND BY OUR LEADERSHIP ROLES IN THE ARTS AND LITERARY EDUCATION FOR CHILDREN AND ADULTS. 0 0 1242064 1186574 RENTAL: SOME 75% OF THE APPROXIMATELY 300 RENTAL EVENTS THAT TOOK PLACE AT SYMPHONY SPACE RECEIVED SOME LEVEL OF DISCOUNT. MOST RECEIVED THE NON-PROFIT RATE, BUT A SELECTED GROUP OF ORGANIZATIONS RECEIVED A DEEPER DISCOUNT AND MARKETING ASSISTANCE. THESE ORGANIZATIONS WERE CHOSEN BY THE CONGRUENCE OF THEIR PROGRAMS WITH OUR MISSION AND INCLUDED WORLD MUSIC INSTITUTE, AMERICAN COMPOSERS ALLIANCE, AMERICAN SYMPHONY ORCHESTRA, AND AFRO-LATIN JAZZ ORCHESTRA. 1197483 638559 LITERATURE: SELECTED SHORTS MADE GREAT LITERATURE PERFORMED BY STARS OF STAGE AND SCREEN AVAILABLE FREE OF CHARGE THROUGH PUBLIC RADIO INTERNATIONAL BROADCASTS, PODCASTS, STREAMING FROM OUR WEBSITE, AND INFLIGHT ENTERTAINMENT ON A MAJOR AIRLINE. EACH WEEK THE RADIO BROADCAST REACHED APPROXIMATELY 220,000 LISTENERS AND THE PODCAST WAS DOWNLOADED MORE THAN 100,000 TIMES. TICKET PRICES FOR SELECTED SHORTS LIVE PERFORMANCES WERE NO MORE THAN $28, AND COLLECTIONS OF PAST PROGRAMS WERE AVAILABLE FOR SALE AS CDS AND DIGITAL DOWNLOADS. THE BOOK CLUBS (FOR ADULTS AND CHILDREN) AND BLOOMSDAY ON BROADWAY ALSO BROUGHT LITERATURE TO MANY PEOPLE AT LOW PRICES. IN ADDITION, THALIA KIDS BOOK CLUB CAMP PROVIDED SUMMER ACTIVITIES TO GROUPS OF YOUNG READERS IN FOUR SEPARATE WEEK-LONG SESSIONS, APPROXIMATELY 24 CHILDREN PER SESSION. 501553 123830 MUSIC: SYMPHONY SPACE IS GAINING INCREASING CRITICAL ACCLAIM EACH SEASON AS A HOME FOR CONTEMPORARY MUSIC. THE MUSIC PROGRAM WAS AWARDED THE CHAMBER MUSIC AMERICA/ASCAP AWARD FOR ADVENTUROUS PROGRAMMING IN 2012 AND 2014. MUSIC SERIES INCLUDE IN THE SALON, INTIMATE CONCERTS IN THE 168-SEAT THALIA THAT USUALLY INCLUDE A MID-CONCERT INTERVIEW WITH A FEATURED COMPOSER, AND THE ANNUAL MUSIC OF NOW MARATHON, AN EIGHT-HOUR CONCERT WITH ONSTAGE INTERVIEWS THAT FOCUSES ON WORK CREATED BY LIVING COMPOSERS, FROM REVERED ELDER STATESPERSONS LIKE GUNTHER SCHULLER, JOHN CORIGLIANO, JOAN TOWER, AND DAVID DEL TREDICI, TO MID-CAREER COMPOSERS SUCH AS GABRIELA ORTIZ, DAVID LEISNER AND TAMAR MUSKAL, TO YOUNGER COMPOSERS FANG MAN, ADAM O'FARRILL, HUANG RUO, AND OTHERS. SPECIAL CONCERTS IN THE 2013 SEASON INCLUDED LIAISONS, PART ONE, A PROGRAM OF SONDHEIM WORKS RE-ENVISIONED FOR SOLO PIANO BY COMPOSERS FROM VARIOUS GENRES. 2113584 907875 ALL OTHER: OTHER PROGRAMS INCLUDE THE ANNUAL FREE WALL TO WALL CONCERT MARATHON, WEEKLY FILM SCREENINGS (THALIA DOCS) AND A SERIES OF FILM PREVIEWS (THALIA FILM CLUB), AND A WIDE RANGE OF EVENTS, USUALLY ON SATURDAY AT 11 A.M., FROM OCTOBER TO MAY FOR FAMILIES WITH CHILDREN AGE 2 TO 7 (JUST KIDDING). THE VARIETY OF PROGRAMS WE OFFER PROVIDE ENTERTAINMENT FOR MANY DIFFERENT AUDIENCES, ALL AT REASONABLE PRICES. TOTAL ATTENDANCE FOR EVENTS WE PRODUCE AND THOSE OF RENTERS WAS APPROXIMATELY 150,000 FOR THE YEAR ENDED JUNE 30, 2013. IN ADDITION, OUR EDUCATION PROGRAM (GLOBAL ARTS) PROVIDED INSTRUCTION TO APPROXIMATELY 10,000 SCHOOL CHILDREN (GRADES PRE-K-12) AND ACQUAINTED THEM WITH THE ARTS OF MANY CULTURES. ALL WRITE! HELPED APPROXIMATELY 1,500 ADULT LITERACY STUDENTS INCREASE SKILLS WITH WRITTEN ENGLISH THROUGH A CREATIVE READING AND WRITING PROGRAM. BOTH PROGRAMS SERVED STUDENTS OF ALL AGES THROUGHOUT THE NEW YORK CITY AREA. 2113584 907875 5054684 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 146 0 1 168 1 1 1 0 0 0 0 1 1 0 0 0 0 X 30 29 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X ED SCHEMITSCH 2128641414 2537 BROADWAY NEW YORK NY 10025 STEVEN ALDEN 2.00 X 0 0 0 STEVEN ARESTY 5.00 X X 0 0 0 CARMEN DE LAVALLADE 1.00 X 0 0 0 KAY CATTARULLA 2.00 X 0 0 0 MELVIN COHEN 1.00 X 0 0 0 CYNTHIA ELLIOTT 50.00 X X 161320 0 705 BENJAMIN FRIED 3.00 X 0 0 0 DOUG LIMAN 1.00 X 0 0 0 RICHARD MITTENTHAL 1.00 X 0 0 0 ELIZABETH RICHEBOURG REA 1.00 X 0 0 0 JUDITH SAFFER 1.00 X 0 0 0 MARCIA SANTONI 1.00 X 0 0 0 CHRISTOPHER DIXON 2.00 X X 0 0 0 JANE POLLOCK 1.00 X 0 0 0 GEORGE WEIN 1.00 X 0 0 0 CLAIRE AIDEM 1.00 X X 0 0 0 LOUIS BERNSTEIN 1.00 X X 0 0 0 INA BORT 1.00 X 0 0 0 PAMELA CARTER 1.00 X 0 0 0 DAVID FOSTER 4.00 X 0 0 0 GREGORY GENERET 3.00 X 0 0 0 JESSE HAINES 1.00 X 0 0 0 RICARDO HORNOS 1.00 X 0 0 0 PENNY JACKSON 1.00 X 0 0 0 TANIA LEON 1.00 X 0 0 0 JEREMY SMITH 1.00 X 0 0 0 GUSTAVO SZULANSKY 1.00 X 0 0 0 AMY WILSON 2.00 X X 0 0 0 BD WONG 1.00 X 0 0 0 LORI ZABAR 3.00 X 0 0 0 ISAIAH SHEFFERTHROUGH NOV 50.00 X 70747 0 20113 LAURA KAMINSKY 50.00 X 137906 0 0 PEG WREEN 50.00 X 114192 0 6035 484165 0 26853 3 0 1 0 YOUR PART-TIME CONTROLLER LLC 1500 WALNUT STREET PHILADELPHIA PA 19102 INTERNAL FINANCIAL REPORTING 146700 AUDIBLE DIFFERENCE INC 370 STATE STREET BROOKLYN NY 11217 AUDIO DESIGN AND ENGINEERING 113645 2 294762 446395 209019 987117 48588 1937293 RENTAL INCOME 532000 1186574 1186574 TICKET SALES AND PERFORMANCE FEES 711110 1108106 1108106 HANDLING CHARGES 532000 138179 138179 ADVERTISING 541800 40400 40400 MISCELLANEOUS 711110 31360 31360 2504619 236586 236586 6278923 5897290 381633 381633 381633 74349 446395 74349 0 494694 102075 392619 392619 5452750 2856838 40400 618219 X 346501 207143 81975 57383 2630552 1941240 271090 418222 179808 128874 21591 29343 257227 185555 30528 41144 34273 34273 35000 35000 113105 113105 1072561 786240 259473 26848 372921 372139 782 137335 112966 11189 13180 278218 262740 7106 8372 15679 11264 2027 2388 458390 431895 12165 14330 85444 80505 2267 2672 PRODUCTION COSTS 604445 503810 1252 99383 COMPUTER EXPENSE 46087 24065 10739 11283 STORAGE RENTAL 5196 3709 672 815 MISCELLANEOUS EXPENSE 2539 2539 0 6675281 5054684 859452 761145 311835 69432 268362 441939 346466 234130 50754 61783 274083 116090 87077 67176 16379775 4994908 11716127 11384867 9820627 9716163 0 0 2420 2420 22877751 22094000 430442 395643 113010 142947 106585 118005 650037 656595 X 16116943 14924748 1047608 1413541 5063163 5099116 22227714 21437405 22877751 22094000 -1222531 432222 0 X 0 1 X 1 0 X 2270212 1810569 2326290 2101965 1937293 10446329 2270212 1810569 2326290 2101965 1937293 10446329 399623 10046706 285055 239354 308118 198495 236586 1267608 33325 43470 40268 40150 40400 197613 43662 29163 72825 11984375 12927853 0.83830 0.79900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9991387 54752 937336 1051321 9932154 10882425 318382 -421088 788332 9991387 10220138 284850 1773771 1396334 10882425 9434451 324875 1102730 641918 10220138 11072481 780107 -1514410 903727 9434451 0.36560 0.51280 0.12160 0 0 16515 16515 15600742 4501740 11099002 0 762518 493168 269350 0 11384867 THEATRE RENTAL DEPOSITS 118005 118005 X 5771867 432222 432222 5339645 113105 113105 5452750 6562176 0 6562176 113105 113105 6675281 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO SUPPORT PROGRAMMING AT SYMPHONY SPACE. SPECIFIC FUNDS WITHIN THE ENDOWMENT ARE RESTRICTED TO SUPPORT OUR MUSIC, LITERATURE, AND EDUCATION PROGRAMS. IN ADDITION, THERE ARE SPECIFIC FUNDS TO SUPPORT INNOVATIVE PROGRAMMING AND COMMISSIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. X X X X X X X 1 KOSZYN & COMPANY 41 EAST 11TH STREET NEW YORK NY 10003 SEE SCHEDULE G, PART IV 0 0 35000 -35000 35000 -35000 NY BENEFIT GALA 487114 420881 66233 66233 ARTFUL DINING 33630 25514 8116 8116 0 520744 446395 74349 74349 74349 0 (II)FUNDRAISER ACTIVITY INFORMATION: SCHEDULE G - PART 1 LINE 2B DESIGN AND EXECUTE A CAPITAL CAMPAIGN FEASIBILITY STUDY AND REPORT. X X 0 0 0 0 0 0 0 0 0 CYNTHIA ELLIOTT 160895 0 0 0 425 0 0 0 705 0 162025 0 0 0 X 4 38284 FAIR MARKET VALUE X AUCTION ITEMS 43 10304 RETAIL VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 THE BY-LAWS OF THE ORGANIZATION WERE AMENDED TO INCREASE THE NUMBER OF DIRECTORS TO 41 FROM 35. IN ADDITION, THE DEFINITION OF A QUORUM WAS REDEFINED SO THAT IT NOW CONFORMS TO CURRENT NEW YORK STATE NOT-FOR-PROFIT CORPORATE LAW. THE REVISED BY-LAWS STATE THAT AT ALL MEETINGS OF THE BOARD OF DIRECTORS THE PRESENCE OF AT LEAST FIVE MEMBERS PLUS ONE ADDITIONAL MEMBER FOR EVERY TEN MEMBERS (OR A FRACTION THEREOF) IN EXCESS OF FIFTEEN SHALL BE NECESSARY AND SUFFICIENT TO CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. PRIOR TO THIS, A QUORUM WAS DEFINED AS 1/3 OF THE TOTAL NUMBER OF BOARD MEMBERS. THE REVISED BY-LAWS ALSO PROVIDE THAT MEMBERS OF THE BOARD OR ANY COMMITTEE THEREOF MAY PARTICIPATE IN A MEETING OF THE BOARD OR OF SUCH COMMITTEE BY MEANS OF CONFERENCE TELEPHONE OR SIMILAR COMMUNICATIONS EQUIPMENT. FORM 990, PART VI, SECTION B, LINE 11 A COMPLETE COPY OF THE IRS FORM 990 WILL BE ELECTRONICALLY DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A DISCLOSURE QUESTIONNAIRE AND REPORT POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS HAS A COMPENSATION COMMITTEE COMPOSED OF FIVE BOARD MEMBERS AMONG WHOM IS THE CHAIR OF THE BOARD. THE COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE AND COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. THE CHAIR OF THE COMPENSATION COMMITTEE ASSEMBLES RELEVANT MATERIAL (GATHERED WITH THE ASSISTANCE OF THE SENIOR VP FOR ADMINISTRATION), DISCUSSES THE PERFORMANCE OF THE CHIEF EXECUTIVE OFFICER, THE RELEVANT MARKET AND AVAILABLE RESOURCES OF THE ORGANIZATION WITH THE OTHER MEMBERS OF THE COMMITTEE. THE COMPENSATION COMMITTEE THEN SETS THE SALARY AND BONUS OF THE CHIEF EXECUTIVE OFFICER. THE PROCESS IS UNDERTAKEN ANNUALLY AT THE END OF THE ORGANIZATION'S FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. OUR FINANCIAL STATEMENTS ARE AVAILABLE ON OUR WEBSITE. OTHER FEES FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 16,103. MANAGEMENT AND GENERAL EXPENSES 259,473. FUNDRAISING EXPENSES 8,390. TOTAL EXPENSES 283,966. ARTISTS FEES AND ARTISTS SERVICES: PROGRAM SERVICE EXPENSES 454,925. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 5,950. TOTAL EXPENSES 460,875. AUTHORS AND PUBLISHERS: PROGRAM SERVICE EXPENSES 71,065. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 71,065. AUDIO AND VISUAL: PROGRAM SERVICE EXPENSES 244,147. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 12,508. TOTAL EXPENSES 256,655.