2014-03-17T10:25:22-05:00 2013-06-30 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD SUITE 600 METAIRIE LA 700054958 990 2012-07-01 721189023 THE LOUISIANA PHILHARMONIC ORCHESTRA LOUI 5045236530 1010 COMMON STREET NO 2120 NEW ORLEANS LA 70112 JAMES W BOYD 5045236530 2014-03-17 1 AMY E WALTERS CPA CCIFP P01078383 5048355522 2012 2015-11-30 17:44:51Z JAMES W BOYD 1010 COMMON STREET SUITE 2120 NEW ORLEANS LA 70112 5396518 0 X WWW.LPOMUSIC.COM X 1991 LA TO PROMOTE PUBLIC INTEREST IN CLASSICAL AND SYMPHONIC MUSIC. 37 26 241 40 0 0 3354441 3152360 1656887 1982370 90649 97152 117345 111168 5219322 5343050 0 0 0 0 3351182 3412527 0 0 210501 1897258 1714989 5248440 5127516 -29118 215534 2888553 2696051 1210172 757575 1678381 1938476 THE LOUISIANA PHILHARMONIC ORCHESTRA'S PRIMARY PURPOSE IS TO PROMOTE PUBLIC INTEREST IN CLASSICAL AND SYMPHONIC MUSIC. THE LOUISIANA PHILHARMONIC ORCHESTRA TRANSFORMS PEOPLE AND COMMUNITIES THROUGH MUSIC. 0 0 4399329 2006411 PERFORMED 79 SYMPHONIC CONCERTS FOR AN ESTIMATED 71,000 PERSONS. ACHIEVEMENT: PROMOTION OF PUBLIC INTEREST IN CLASSICAL AND SYMPHONIC MUSIC. 4399329 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 1 241 1 0 0 0 0 0 1 1 0 0 0 0 X 37 26 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X JOE TOUPS 5045236530 1010 COMMON ST SUITE 2120 NEW ORLEANS LA 70112 KAREN SANNO 40.00 X 23153 0 5580 HUGH W LONG PHD 10.00 X X 0 0 0 JULIE BREITMEYER 1.00 X 0 0 0 RICHARD WOEHRLE 40.00 X X 26529 0 5580 ADELAIDE BENJAMIN 1.00 X 0 0 0 ANNE COHEN 40.00 X 24492 0 5580 ALVA CHASE 1.00 X 0 0 0 CATHERINE TREMAINE 1.00 X 0 0 0 LUDOVICO FEOLI 1.00 X 0 0 0 ANA GERSHANIK 1.00 X 0 0 0 STEPHEN HALES 1.00 X 0 0 0 WALTER HARRIS 1.00 X 0 0 0 WILLIAM HESS 1.00 X 0 0 0 ANGELA HILL 1.00 X 0 0 0 WILLIAM HINES 1.00 X 0 0 0 DOROTHY JACOBS 1.00 X 0 0 0 JAMES LESTELLE 1.00 X 0 0 0 CAMERON MAYER 1.00 X 0 0 0 RICHARD R MIZE 1.00 X 0 0 0 BOATNER REILY 1.00 X 0 0 0 COURTNEY-ANNE SARPY 1.00 X 0 0 0 WILLIAM SCHETTLER 40.00 X 24735 0 5580 RICHARD STRUB 1.00 X 0 0 0 HUGO WEDEMEYER 1.00 X 0 0 0 DAVID ROSEN 40.00 X 24210 0 5580 DONNA KLEIN 1.00 X 0 0 0 DAVID SALAY 40.00 X 18484 0 5580 STEPHANIE THOMPSON 40.00 X X 24933 0 5580 EILEEN ELLIOTT 1.00 X 0 0 0 ILA RONDEAU 40.00 X 23797 0 5580 KATE WITHROW 40.00 X 29409 0 0 PAUL LEAMAN 1.00 X 0 0 0 PETER ROGERS 1.00 X 0 0 0 SCOTT CHOTIN 1.00 X 0 0 0 TIM KELLY 1.00 X X 0 0 0 SARAH SCHETTLER 40.00 X X 24452 0 5580 VAL GROSS 40.00 X 26365 0 5580 JAMES W BOYD 40.00 X 61714 0 5580 JIHYUN KIM 40.00 X 16580 0 5580 MARK MCCREARY 40.00 X 72000 0 5580 CARLOS MIGUEL PRIETO 40.00 X 134731 0 5580 555584 0 78120 1 0 0 0 OPUS 3 ARTISTS LLC 470 PARK AVENUE SOUTH 9TH FLOOR NEW YORK NY 10016 ARTIST MANAGERS 116000 1 2500 3149860 13597 3152360 SUBSCRIPTIONS 711130 765652 765652 SINGLE TICKET SALE 711130 699760 699760 CONTRACTED PERFORMANCE 711130 471032 471032 EDUCATIONAL SEMINARS 711130 45926 45926 1982370 97152 97152 140595 53468 87127 87127 MISCELLANEOUS 711130 21711 21711 PARKING VOUCHERS 711130 1210 1210 YOUNG ARTIST CONTEST F 711130 525 525 595 595 24041 5343050 2006411 0 184279 697353 488747 130987 77619 1990542 1921173 37589 31780 34653 34653 458102 409362 29084 19656 231877 208766 14066 9045 11199 11199 298535 298535 119091 10924 89662 18505 170 170 55319 55319 49142 34242 10402 4498 62701 47312 14936 453 75833 75833 40545 37556 2989 SOLOIST 287995 287995 VENUES 260800 260800 MUSIC/EQUIPMENT RENTAL 238292 238292 OTHER EXPENSES 173796 99764 45450 28582 41571 21208 20363 5127516 4399329 517686 210501 689902 576102 306202 -132798 642829 1006041 884627 624822 294389 259805 5000 2500 950231 984401 2888553 2696051 21420 51767 678752 705808 510000 1210172 757575 X -612469 -196597 900059 699721 1390791 1435352 1678381 1938476 2888553 2696051 X 215534 44560 1 X X 0 1 X 1 0 X 2642344 2780067 2975361 3354441 3152360 14904573 1390279 1617390 1886764 1807468 2147006 8848907 4032623 4397457 4862125 5161909 5299366 23753480 1171492 698360 578423 1758985 1813386 6020646 0 1171492 698360 578423 1758985 1813386 6020646 17732834 118851 102395 92729 90649 97152 501776 118851 102395 92729 90649 97152 501776 18285 46818 65103 4169759 4546670 4954854 5252558 5396518 24320359 0.72910 0.73520 0.02060 0.02330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1390793 44560 1435353 1400936 -10143 1390793 1454467 93294 147129 1400936 1520032 55420 120985 1454467 1658844 17607 -156419 1520032 1.00000 1 0 884627 624822 259805 0 259805 PREPAID EXPENSES & OTHER 115927 INTEREST IN ENDOWMENT TRUST 868474 984401 X 5416093 19575 53468 73043 5343050 0 5343050 5200559 19575 53468 73043 5127516 0 5127516 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUNDS PROVIDE SUPPORT FOR THE ORGANIZATION'S OPERATIONS AND PROGRAM SERVICE FUNCTIONS THROUGH ITS EARNINGS AND DISTRIBUTIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE LPO FOLLOWS THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE IMPLEMENTATION OF FASB ASC 740 HAD NO IMPACT ON THE STATEMENTS OF FINANCIAL POSITION AND THE STATEMENT OF ACTIVITIES. ALL TAX RETURNS HAVE BEEN APPROPRIATELY FILED BY THE LPO. LPO RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. THE LPO'S TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES, AND ITS OPEN AUDIT PERIODS ARE 2010 THROUGH 2012. MANAGEMENT EVALUATED THE LPO'S TAX POSITION AND CONCLUDED THAT THE LPO HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FROM FUNDRAISING EVENTS 53,468. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FROM FUNDRAISING EVENTS 53,468. ANNUAL GALA 82090 82090 10812 12454 4000 5752 CMP ROAST 43865 43865 4000 6089 3863 1 14640 14640 2000 2800 1086 612 140595 140595 16812 21343 5086 10227 53468 87127 FORM 990, PART VI, SECTION A, LINE 2 WILLIAM SCHETTLER AND HIS WIFE, SARAH SCHETTLER, ARE BOTH MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 MUSICIANS ELECT BOARD MEMBERS SEPARATE FROM COMMUNITY BOARD MEMBERS. DECISIONS OF THE GOVERNING BODY ARE NOT SUBJECT TO APPROVAL BY THE MUSICIANS. FORM 990, PART VI, SECTION A, LINE 7A MUSICIANS ELECT BOARD MEMBERS SEPARATE FROM COMMUNITY BOARD MEMBERS. DECISIONS OF THE GOVERNING BODY ARE NOT SUBJECT TO APPROVAL BY THE MUSICIANS. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT REPORT OF FORM 990 IS PLACED ON THE AGENDA FOR THE BOARD OF TRUSTEES MEETING. ALL TRUSTEES RECEIVE A REVIEW COPY. THE TREASURER WILL ANSWER QUESTIONS AS REQUIRED. AT THE CONCLUSION OF DISCUSSION, THE DRAFT DOCUMENT IS VOTED ON. IF APPROVED, THE PREPARER IS DIRECTED TO PREPARE A FINAL REPORT FOR SIGNATURE AND FILING. IF NOT APPROVED, THE TRUSTEES WILL DIRECT QUESTIONS TO THE PREPARER WITH A REQUEST TO SUBMIT A REVISED DRAFT REPORT. THE REVISED DRAFT REPORT, IF ANY, IS PRESENTED TO THE TRUSTEES AT THE NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 12C EACH PERSON IS ANNUALLY REQUIRED TO COMPLETE A DISCLOSURE FORM FOR ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 DURING THE YEAR PRIOR TO THE EXPIRATION OF THE EXISTING MUSIC DIRECTOR'S CONTRACT, THE PRESIDENT OF THE BOARD OF TRUSTEES AND THE C.E.O. REVIEW ITS PROVISIONS USING COMPARABILITY DATA AS PROVIDED BY THE LEAGUE OF AMERICAN ORCHESTRAS WHICH TRACKS NATIONAL TRENDS. THE C.E.O. NEGOTIATES THE CONTRACT WITH THE MUSIC DIRECTOR'S AGENT. THE MUSIC DIRECTOR'S SALARY IS PART OF THE ANNUAL BUDGET THAT IS VOTED ON BY THE BOARD. THE BUDGET APPROVAL IS DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE PROVIDED UPON REQUEST AND THE DOCUMENTS ARE POSTED ON THE LPO WEBSITE: WWW.LPOMUSIC.COM. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ROUNDING 1. FORM 990, PART XI, LINE 2C: THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.