2025-03-10T10:56:54-05:00 2024-06-30 450250958 EIDE BAILLY LLP 2950 E HARMONY RD STE 290 FORT COLLINS CO 805283429 990 2023-07-01 840511458 COLORADO SYMPHONY ASSOCIATION COLO 3033082487 1245 CHAMPA ST DENVER CO 80204 COREEN MILLER CHIEF FINANCIAL OFFICER 3033082487 2025-03-07 1 1 KYLE FRITCH CPA P01313374 9702238825 2025-03-07 2023 2025-03-06 01:10:19Z X COREEN MILLER 1245 CHAMPA ST DENVER CO 80204 19761226 0 X WWW.COLORADOSYMPHONY.ORG X 1989 CO PERFORMANCE OF SYMPHONIC CONCERTS. 50 39 437 240 0 0 9035030 8605207 10233144 10472631 244404 444755 -86781 -168503 19425797 19354090 0 0 0 0 11677838 12382533 0 0 699174 6226738 6192604 17904576 18575137 1521221 778953 14557882 16180250 3249549 3588178 11308333 12592072 X THE COLORADO SYMPHONY ASSOCIATION (CSA) IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED TO FUND AND OPERATE THE COLORADO SYMPHONY ORCHESTRA FOR THE ENJOYMENT AND BENEFIT OF THE CITIZENS OF METROPOLITAN DENVER AND (CONT'D ON SCHEDULE O)(CONT'D) THE GREATER COLORADO AND ROCKY MOUNTAIN REGIONS. THE COLORADO SYMPHONY ORCHESTRA PERFORMS MORE THAN 100 CLASSICAL, POPS AND FAMILY CONCERTS EACH YEAR; SHOWCASING MANY OF THE WORLD'S FINEST MUSICIANS, CONDUCTORS, AND ENTERTAINERS. 0 0 15313755 10472631 THE COLORADO SYMPHONY ASSOCIATION PERFORMS CONCERTS NORMALLY BENEFITING OVER 250,000 PATRONS FROM THE DENVER AND TRI-STATE AREAS AND PROVIDES A PERFORMANCE PLATFORM TO WORLD-CLASS MUSICIANS. 15313755 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 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 1 1 0 0 1 135 0 1 437 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 50 39 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CO X COREEN MILLER 3033082468 1245 CHAMPA ST DENVER CO 80204 JEROME H KERN - EMERITUS TRUSTEE/ FORMER CEO (THRU SEP. '21) 1.00 1.00 X 259615 0 0 PETER OUNDJIAN- PRIN CONDUCTOR EX-OFFICIO TRUSTEE 40.00 0.00 X 332000 0 0 MARK CANTRELL CEO/PRESIDENT 40.00 0.00 X X 193220 0 19250 MARY COWELL MUSICIAN TRUSTEE 40.00 0.00 X 57980 0 23169 PATRICK HODGE MUSICIAN TRUSTEE 40.00 0.00 X 76670 0 1267 MARGARET HOEPPNER MUSICIAN TRUSTEE 40.00 0.00 X 59045 0 14388 CHLOE HONG MUSICIAN TRUSTEE 40.00 0.00 X 72541 0 11110 JOHN KINZIE MUSICIAN TRUSTEE 40.00 0.00 X 98105 0 28280 KAREN KINZIE MUSICIAN TRUSTEE 40.00 0.00 X 60850 0 8161 SEOYOEN MIN MUSICIAN TRUSTEE 40.00 0.00 X 86628 0 11306 MEGAN PROKES MUSICIAN TRUSTEE 40.00 0.00 X 57102 0 10655 NICK TISHERMAN MUSICIAN TRUSTEE 40.00 0.00 X 70645 0 11060 RICHARD KRUGMAN CO-CHAIRMAN 10.00 0.00 X X 0 0 0 JULIE RUBSAM CO-CHAIRMAN 10.00 0.00 X X 0 0 0 JAMES BUTLER TREASURER (JULY - MAY) 10.00 1.00 X X 0 0 0 KIP WALLEN TREASURER (AS OF JUNE) 10.00 1.00 X X 0 0 0 SUSAN BOWLES SECRETARY 10.00 0.00 X X 32664 0 5212 ANTHONY ACCETTA TRUSTEE (JULY - MAY) 1.00 0.00 X 0 0 0 MARGARET ANDERSON TRUSTEE 1.00 0.00 X 0 0 0 PAULA BERNSTEIN TRUSTEE 1.00 0.00 X 0 0 0 YOUNG CHO TRUSTEE 1.00 0.00 X 0 0 0 MARIA DEL RIO TRUSTEE (AUGUST - JUNE) 1.00 0.00 X 0 0 0 SCOTT DONIGER TRUSTEE 1.00 0.00 X 0 0 0 ADAM DONNER TRUSTEE 1.00 0.00 X 0 0 0 KAYLA DREYER TRUSTEE (OCTOBER - JUNE) 1.00 0.00 X 0 0 0 MIKE FERRUFINO TRUSTEE 1.00 0.00 X 0 0 0 CHRIS FESTOG TRUSTEE 1.00 0.00 X 0 0 0 BOB FRIEDLANDER TRUSTEE 1.00 0.00 X 0 0 0 DIANE S HILL PHD TRUSTEE 1.00 0.00 X 0 0 0 DR VESNA JEVTOVIC-TODOROVIC TRUSTEE 1.00 0.00 X 0 0 0 BILL JOHNSON TRUSTEE 1.00 0.00 X 0 0 0 RICH KYLBERG TRUSTEE 1.00 0.00 X 0 0 0 LYNN MCDONALD TRUSTEE 1.00 0.00 X 0 0 0 MIKE MCPHEE TRUSTEE 1.00 0.00 X 0 0 0 STEVE MILLER TRUSTEE 1.00 0.00 X 0 0 0 BILL MYERS TRUSTEE 1.00 0.00 X 0 0 0 MARTA O'GRADY TRUSTEE 1.00 0.00 X 0 0 0 DEANA PERLMUTTER TRUSTEE 1.00 0.00 X 0 0 0 MIKE RICHARDSON TRUSTEE 1.00 0.00 X 0 0 0 JORGE-AYN RILEY TRUSTEE (OCTOBER - APRIL) 1.00 0.00 X 0 0 0 MALIK ROBINSON TRUSTEE 1.00 0.00 X 0 0 0 LT SANDVIK TRUSTEE 1.00 0.00 X 0 0 0 BEN STRAWN TRUSTEE 1.00 0.00 X 0 0 0 JOHN STREET TRUSTEE 1.00 0.00 X 0 0 0 LORENZO TRUJILLO TRUSTEE 1.00 0.00 X 0 0 0 DANIEL WACHTER TRUSTEE (AUGUST - JUNE) 1.00 0.00 X 0 0 0 SETH WEISBERG TRUSTEE 1.00 0.00 X 0 0 0 ANDRA ZEPPELIN TRUSTEE 1.00 0.00 X 0 0 0 MIKE ZOELLNER TRUSTEE 1.00 0.00 X 0 0 0 LIZ HARTSEL EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 GRETCHEN HOLLRAH EX-OFFICIO TRUSTEE (OCTOBER - JUNE) 1.00 0.00 X 0 0 0 GINGER WHITE EX-OFFICIO TRUSTEE (JULY - SEP) 1.00 0.00 X 0 0 0 SUSAN OAKES EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 JANET WEISHEIT EX-OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 MARY ROSSICK KERN EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 LEE YEINGST EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 COREEN MILLER CFO/COO 40.00 0.00 X 227657 0 11152 ANTHONY PIERCE CHIEF ARTISTIC OFFICER 40.00 0.00 X 215763 0 21626 YUMI HWANG WILLIAMS CONCERT MASTER 40.00 0.00 X 127907 0 25373 WILLIAM HILL PRINCIPAL TIMPANI 40.00 0.00 X 110400 0 12621 PETER COOPER PRINCIPAL OBOE 40.00 0.00 X 104580 0 2154 JONATHON GROSZEW ORCHESTRA PERSONNEL MANAGER 40.00 0.00 X 100942 0 13103 2344314 0 229887 9 0 1 0 OPUS 3 ARTISTS 470 PARK AVENUE SOUTH NEW YORK NY 10016 GUEST ARTISTS AND CONDUCTORS 359000 BIG GIGANTIC LLC 1490 N LAFAYETTE ST UNIT 101 DENVER CO 80218 GUEST ARTIST 113000 2 590456 2050956 1796633 4167162 276320 8605207 CONCERT PERFORMANCES 711130 10395961 10395961 76670 76670 10472631 416529 416529 3226 110000 0 85000 3226 25000 28226 28226 153633 590456 322136 -168503 -168503 19354090 10472631 0 276252 1487883 972042 365998 149843 8333255 7431144 637993 264118 334311 304636 19971 9704 1261620 1149418 76138 36064 965464 843177 81963 40324 11684 11684 66400 66400 4572 4572 1125685 774826 236968 113891 635233 634854 379 47609 25849 21190 570 273659 121870 147710 4079 231753 202250 28503 1000 354758 325451 21170 8137 56337 11042 38651 6644 2179 2179 26537 26537 83650 18241 65409 GUEST CONDUCTOR AND ART 2774054 2756581 17473 DUES AND SUBSCRIPTIONS 196075 169589 24687 1799 PRODUCTION EXPENSES 158952 158952 PRINTING AND PUBLICATIO 100863 18351 43132 39380 42604 30336 6499 5769 18575137 15313755 2562208 699174 1779392 3015859 171154 164055 167013 198648 164089 250109 1068260 247334 644375 820926 7017322 6876823 4614537 4853830 14557882 16180250 892831 888660 2278033 2638967 78685 60551 3249549 3588178 X 6514454 7638787 4793879 4953285 11308333 12592072 14557882 16180250 X 778953 253386 251400 X 0 1 X 1 0 X 6924226 9047920 11792999 9035030 8605207 45405382 60000 60000 120000 6984226 9107920 11792999 9035030 8605207 45525382 10259600 35265782 22387 2786 17509 244404 416529 703615 46228997 33740248 0.76280 0.75010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 87171859 1202414 11245706 2361572 97258407 80645055 2222484 8262812 3958492 87171859 92178924 16154 -10404181 1145842 80645055 29625915 54985393 8607709 1040093 92178924 29502744 869470 222447 968746 29625915 0.03870 0.96130 0.00000 1 1 1 264858 247334 17524 803402 803402 820926 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 4794560 FINANCE LEASE RIGHT OF USE ASSET 59270 4853830 FINANCING LEASE LIABILITY 60551 60551 X 20090984 253386 236680 251400 741466 19349518 4572 4572 19354090 18807245 236680 236680 18570565 4572 4572 18575137 PART V, LINE 4: PERMANENT ENDOWMENTS CONSIST PRIMARILY OF FUNDS HELD BY OTHER TAX-EXEMPT ORGANIZATIONS ESTABLISHED TO ADMINISTER THE ENDOWMENT FUNDS OF THE SYMPHONY. THESE ORGANIZATIONS ARE GOVERNED BY SEPARATE BOARDS OF TRUSTEES. SUPPORTING DISTRIBUTIONS (IF APPLICABLE) FROM THE FUNDS ARE PROVIDED TO THE SYMPHONY FOR PROGRAM SERVICES AND OTHER OPERATIONS. PERMANENT ENDOWMENTS ALSO INCLUDE A BENEFICIAL INTEREST IN AN IRREVOCABLE PERPETUAL TRUST ADMINISTERED BY A COMMUNITY FOUNDATION. THE TRUST AGREEMENT REQUIRES DISTRIBUTION OF 50% OF THE NET INCOME OF THE TRUST TO THE SYMPHONY FOR ITS UNRESTRICTED USE; HOWEVER THE SYMPHONY WILL NEVER RECEIVE THE ASSETS OF THE TRUST. PART X, LINE 2: THE CSA BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE ASSOCIATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 251,400. SYMPHONY BALL 744089 590456 153633 98000 31240 91159 22822 78915 744089 590456 153633 98000 31240 91159 22822 78915 322136 -168503 X X 0 1 X X X 1 0 0 0 0 0 0 1 0 PETER OUNDJIAN- PRIN CONDUCTOR EX-OFFICIO TRUSTEE 332000 0 0 0 0 0 0 0 0 0 332000 0 0 0 JEROME H KERN - EMERITUS TRUSTEE/ FORMER CEO (THRU SEP. '21) 0 0 0 0 259615 0 0 0 0 0 259615 0 0 0 COREEN MILLER CFO/COO 153577 0 74080 0 0 0 9106 0 3217 0 239980 0 0 0 ANTHONY PIERCE CHIEF ARTISTIC OFFICER 154183 0 61580 0 0 0 8631 0 14166 0 238560 0 0 0 MARK CANTRELL CEO/PRESIDENT 193220 0 0 0 0 0 908 0 19280 0 213408 0 0 0 YUMI HWANG WILLIAMS CONCERT MASTER 127907 0 0 0 0 0 3375 0 22222 0 153504 0 0 0 PART I, LINE 1A PRINCIPAL CONDUCTOR, PETER OUNDJIAN RECEIVES A HOUSING ALLOWANCE IN LIEU OF PAYING FOR A HOTEL AS HE OWNS A HOME IN DENVER, EACH TIME HE IS HERE TO CONDUCT. THE AMOUNT ($1,200 EACH WEEK HE IS CONDUCTING) IS IN HIS CONTRACT. IN ADDITION, PETER IS ALLOWED UP TO $4,000 ANNUALLY FOR TRAVEL EXPENSES FOR A COMPANION. PART I, LINE 4A FORMER CEO/CO-CHAIRMAN OF THE COLORADO SYMPHONY ASSOCIATION RECEIVED A SEVERANCE PAYMENT OF $259,615 DURING THE CALENDAR YEAR 2023. PART I, LINE 7 DURING CALENDAR YEAR 2023, SENIOR MANAGEMENT PERSONNEL WERE AWARDED BONUSES FOR THEIR PERFORMANCE OF INTERIM PRESIDENT/CEO DUTIES IN ADDITION TO THE DUTIES OF THEIR REGULAR POSITIONS. X 23 127070 AVG. PRICE DATE RECEIVED X 1 2000 COST X VARIOUS AUCTION ITEMS 193 77000 COST X PIANO 1 70000 APPRAISED VALUE X SUPPLIES 1 250 APPRAISED VALUE 0 0 1 0 PART I, COLUMN (B): COLORADO SYMPHONY ASSOCIATION IS REPORTING THE TOTAL NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 2 JEROME KERN AND MARY ROSSICK KERN HAVE A FAMILY RELATIONSHIP. JOHN KINZIE AND KAREN KINZIE ALSO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B A REDACTED COPY OF THE FORM 990 IS SENT FOR REVIEW TO THE FINANCE COMMITTEE PRIOR TO FILING. IN ADDITION, A REDACTED COPY OF THE TAX RETURN IS SENT TO THE ENTIRE BOARD FOR REVIEW BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE COLORADO SYMPHONY ASSOCIATION (CSA) HAS A CONFLICT OF INTEREST POLICY COVERING OFFICERS, TRUSTEES, COMMITTEE MEMBERS, MUSICIAN TRUSTEES, STAFF MEMBERS, AND CERTAIN CONSULTANTS (IF APPROPRIATE). EACH RESPONSIBLE PERSON MUST ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES THAT COULD CONTRIBUTE TO A POTENTIAL CONFLICT OF INTEREST. THE DISCLOSURE FORM MUST BE SUBMITTED TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR REVIEWING POTENTIAL CONFLICTS OF INTEREST AND HANDLING WHAT IT DETERMINES TO BE ACTUAL CONFLICTS OF INTEREST IN THE MANNER DESCRIBED IN THE POLICY UNDER "REVIEWING AND MANAGING CONFLICTS OF INTEREST". IF THE EXECUTIVE COMMITTEE OR RESPONSIBLE PERSON BECOMES AWARE THAT CSA IS ABOUT TO ENTER INTO OR MAKE ANY DECISIONS INVOLVING A CONFLICT OF INTEREST TRANSACTION WITH THE RESPONSIBLE PERSON, A FAMILY MEMBER, A FRIEND, OR A RELATED ENTITY, THE RESPONSIBLE PERSON MUST: 1) IMMEDIATELY INFORM THOSE CHARGED WITH APPROVING THE TRANSACTION ON BEHALF OF CSA OF THE CONFLICT OF INTEREST 2) AID THE PERSONS CHARGED WITH MAKING THE DECISION BY DISCLOSING TO SUCH PERSON(S) ANY MATERIAL FACTS THAT BEAR ON THE ADVISABILITY OF THE TRANSACTION FROM THE STANDPOINT OF CSA AND 3) NOT PARTICIPATE IN THE DELIBERATION OR VOTE ON THE DECISION TO ENTER INTO SUCH TRANSACTION, AND NOT ATTEMPT TO EXERT HIS OR HER INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. THE EXECUTIVE COMMITTEE WILL REPORT TO THE BOARD AT ITS NEXT REGULAR MEETING THE RESULTS OF ANY REVIEW AND THE ACTION TAKEN. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO (BEGINNING MAY, 2023) WAS BASED ON HIS CONTRACT WHICH WAS DETERMINED AFTER COMPARISON OF SIMILARLY QUALIFIED PERSONS IN COMPARABLE ORGANIZATIONS AND AFTER ANALYZING THE VALUE BROUGHT TO THE CSA BY THE CEO. INDEPENDENT TRUSTEES REVIEWED PERTINENT DATA AND MADE THE COMPENSATION RECOMMENDATION TO THE BOARD WHICH APPROVED THE CEO'S CONTRACT COMPENSATION AMOUNT. COMPENSATION INCREASES OTHER THAN THE STANDARD PERCENTAGE FOR OTHER SENIOR MANAGEMENT POSITIONS ARE MADE AFTER CONSIDERING AVAILABLE INFORMATION WITH RESPECT TO COMPENSATION PAID TO SIMILARLY QUALIFIED PERSONS IN COMPARABLE ORGANIZATIONS AND AFTER ANALYZING THE VALUE BROUGHT TO THE CSA BY SENIOR MANAGEMENT STAFF PERSON(S). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST VIA MAIL, EMAIL OR IN PERSON AT ITS OFFICES. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTERESTS IN ASSETS HELD BY OTHERS 251,400. COLORADO SYMPHONY FUND 1000 14TH STREET 15 DENVER CO 80202 260138249 RAISE, HOLD & ADMINISTER FUNDS FOR OPERATING NEEDS OF SYMPHONY ASSOCIATION CO 501(C)(3) LINE 12A, I COLORADO SYMPHONY ASSOCIATION 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 COLORADO SYMPHONY FUND C 2050956 CASH