2014-05-09T09:36:56-05:00 2013-06-30 KPMG LLP 1676 International Drive McLean VA 22102 990 2012-07-01 136136259 THE CARNEGIE HALL SOCIETY INC % THEODORE E PHILLIPS CARN 2129039600 881 SEVENTH AVENUE Suite NEW YORK NY 10019 THEODORE E PHILLIPS 2129039600 2014-05-07 true 7032868000 2012 2015-11-30 17:44:51Z CLIVE GILLINSON 881 SEVENTH AVE NEW YORK NY 10019 68666570 false X www.carnegiehall.org X 1960 NY TO COLLECT AND PROVIDE FUNDS FOR THE PERPETUATION, MAINTENANCE, AND USE OF CARNEGIE HALL'S ACTIVITIES IN MUSIC PERFORMANCE AND EDUCATION. 51 47 0 50 0 -370167 47321748 66838505 0 0 -2156601 900078 -642720 -923350 44522427 66815233 73654002 58429093 0 0 3174230 2870813 412970 339483 4135438 4763720 6619676 82004922 68259065 -37482495 -1443832 335956603 369959025 110512516 110470902 225444087 259488123 TO COLLECT AND PROVIDE FUNDS FOR THE PERPETUATION, MAINTENANCE, AND USE OF CARNEGIE HALL'S ACTIVITIES IN MUSIC PERFORMANCE AND EDUCATION. false false 58429093 58429093 SUPPORT THE PRESENTATION OF CONCERTS AND PERFORMANCES BY CARNEGIE HALL CORPORATION, TO ENCOURAGE THE DEVELOPMENT OF TALENT IN MUSIC RELATED ARTS. 4091223 HALL RENTAL OPERATIONS - LEASING AND MANAGING CARNEGIE HALL AS AN AUDITORIUM FOR CONCERTS AND OTHER PERFORMANCES TO DIVERSIFY THE EXPOSURE OF MUSIC RELATED ARTS TO THE COMMUNITY. 1012343 OTHER OPERATING AND SPECIAL PROJECTS 63532659 true true false true false false false false false true false true false false false false false true false false true false false true true false false true false true true false false false false false false false false false true true false false false false true true true false false true 0 0 true 0 true true false false false false true true false false false false X 51 47 false false false false true true false true true false false true true true true true true false false false AL AK AZ AR CA CO CT FL GA IL KS KY LA ME MD MA MI MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X THEODORE E PHILLIPS 2129039600 881 SEVENTH AVE NEW YORK NY 10019 MERCEDES T BASS 1.0 X X 0 0 0 CLARISSA A BRONFMAN 1.0 X X 0 0 0 KLAUS JACOBS 1.0 X X 0 0 0 PETER W MAY 1.0 X X 0 0 0 BURTON P RESNICK 1.0 X X 0 0 0 KENNETH J BIALKIN 1.0 X X 0 0 0 EDWARD C FORST 1.0 X X 0 0 0 CLIVE GILLINSON 1.0 60.0 X X 0 2235308 23980 MARTINA ARROYO 1.0 X 0 0 0 RONALD E BLAYLOCK 1.0 X 0 0 0 YOKO NAGAE CESCHINA 1.0 X 0 0 0 GREGORY T DURANT 1.0 X 0 0 0 JUDITH W EVNIN 1.0 X 0 0 0 ANNE M FINUCANE 1.0 X 0 0 0 RENEE FLEMING 1.0 X 0 0 0 THE HONORABLE ROY M GOODMAN 1.0 X 0 0 0 ROBERT W JONES 1.0 X 0 0 0 GILBERT KAPLAN 1.0 X 0 0 0 MARK E KINGDON 1.0 X 0 0 0 LANG LANG 1.0 X 0 0 0 ROBERT I LIPP 1.0 X 0 0 0 YO-YO MA 1.0 X 0 0 0 AUDRA MCDONALD 1.0 X 0 0 0 HAROLD MCGRAW III 1.0 X 0 0 0 DENNIS M NALLY 1.0 X 0 0 0 JOSHUA L NASH 1.0 X 0 0 0 FRANK N NEWMAN 1.0 X 0 0 0 JESSYE NORMAN 1.0 X 0 0 0 RONALD O PERELMAN 1.0 X X 0 0 0 LAURA H POMERANTZ 1.0 X 0 0 0 OSCAR DE LA RENTA 1.0 X 0 0 0 WILLIAM D RONDINA 1.0 X 0 0 0 SUSAN W ROSE 1.0 X 0 0 0 SUKI SANDLER 1.0 X 0 0 0 HENRY T SEGERSTROM 1.0 X 0 0 0 AJC SMITH 1.0 X 0 0 0 SIR HOWARD STRINGER 1.0 X 0 0 0 KURT G STROVINK 1.0 X 0 0 0 JUDY FRANCIS ZANKEL 1.0 X 0 0 0 JOHN ZICK 1.0 X 0 0 0 ANN ZIFF 1.0 X 0 0 0 BEATRICE SANTO DOMINGO 1.0 X 0 0 0 JAMES TAYLOR 1.0 X 0 0 0 EARLE S ATLMAN 1.0 X 0 0 0 SUZANNE KOVNER 1.0 X 0 0 0 DON M RANDEL 1.0 X 0 0 0 CHARLES M ROSENTHAL 1.0 X 0 0 0 SANA H SABBAGH 1.0 X 0 0 0 THOMAS P SCULCO MD 1.0 X 0 0 0 DAVID M SIEGEL 1.0 X 0 0 0 SANFORD I WEILL 1.0 X X 0 0 0 THEODORE E PHILLIPS 1.0 60.0 X 0 322540 25852 RICHARD MATLAGA 1.0 60.0 X 0 274448 4249 0 2832296 54081 0 true true false 0 7092169 30701238 29045098 1384138 66838505 0 899676 899676 0 0 0 0 0 276434 276032 402 402 402 651955 7092169 1575305 -923350 -923350 0 0 0 0 66815233 0 -23272 58429093 58429093 0 0 0 0 0 2240588 2240588 0 630225 630225 0 0 0 0 181975 181975 339483 339483 590968 590968 177268 177268 11175 11175 270729 270729 21715 21715 0 0 31880 31880 0 0 4036383 4036383 0 0 0 CONCERT EXPENSES 494346 494346 PURCHASE OF CH TICKETS 200434 200434 HOUSE CHARGES - CHC 177989 177989 BAD DEBTS 139574 139574 285240 54840 230400 68259065 63532659 590968 4135438 6765220 8785004 36147 10000 51563189 78645598 0 0 0 0 0 0 0 0 0 0 1813434 1580377 0 151124386 151965400 124654227 128972646 0 0 0 0 0 0 335956603 369959025 551311 555559 0 0 171965 118416 109789240 109796927 0 0 0 0 0 0 0 0 0 0 110512516 110470902 X -136539013 -162221462 180452923 239856437 181530177 181853148 225444087 259488123 335956603 369959025 X -1443832 35020576 467292 X false true X true true true X 31817252 67886576 45834851 47321748 66838505 259698932 0 0 31817252 67886576 45834851 47321748 66838505 259698932 33973790 225725142 1100931 1095559 1801834 911656 899676 5809656 32409 32409 0 265540997 250019 0.85006 0.81395 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 181975 181975 181975 181975 9308514 80807318 9490489 80989293 624524 1624524 156131 406131 1000000 1000000 1000000 1000000 4000000 6000000 168191 180529 185928 181975 716623 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 249340602 322971 35329687 14600000 270393260 261307558 1889256 -1456212 12400000 249340602 231758477 1108378 40440703 12000000 261307558 212197447 2852047 28866983 12158000 231758477 274204933 3191015 -51615501 13583000 212197447 0.02050 0.67260 0.30690 false false EQUITIES 62746914 ALTERNATIVE INVESTMENTS 16755557 REAL ESTATE FUNDS 13207006 PRIVATE EQUITY FUNDS 36263169 128972646 141585547 35020576 38765401 73785977 67799570 590968 -1575305 -984337 66815233 89627322 21959225 21959225 67668097 590968 590968 68259065 OTHER REVENUE INCLUDED ON AFS BUT NOT FORM 990, PART VIII SCHEDULE D, PART XI, LINE 2D AFFILIATE'S REVENUE : $ 86,533,636 AFFILIATE'S EXPENSES RECLASSED IN REVENUE : 9,556,788 INTERCOMPANY GRANT ELIMINATED : (58,429,093) AFFILIATE'S DONATED SERVICES : 1,104,070 ------------ TOTAL OTHER LINE 2D = $ 38,765,401 OTHER REVENUE INCLUDED ON FORM 990, PART VIII BUT NOT IN AFS SCHEDULE D, PART XII, LINE 4B FUNDRAISING EXPENSES (1,575,305) OTHER EXPENSES INCLUDED ON AUDITED FINANCIAL STATEMENTS BUT NOT FORM 990 SCHEDULE D, PART XIII, LINE 2D AFFILIATE'S EXPENSES : $ 71,498,804 AFFILIATE'S EXPENSES RECLASSED TO REVENUE : 9,556,788 AFFILIATE'S DONATED SERVICES : 1,104,070 INTERCOMPANY GRANT ELIMINATED : (58,429,093) INTERCOMPANY EXPENSE ELIMINATED : (467,292) ACTUARIAL GAIN ON PENSION PLAN : (2,879,358) FUNDRAISING EXPENSES : 1,575,305 ROUNDING : 1 ------------- TOTAL OTHER LINE 2D = 21,959,225 ENDOWMENT FUNDS SCHEDULE D, PART V THE CARNEGIE HALL SOCIETY'S ENDOWMENT FUND CONSISTS OF APPROXIMATELY 40 INDIVIDUAL FUNDS ESTABLISHED TO SUPPORT THE OPERATIONS OF CARNEGIE HALL. UNCERTAIN TAX POSITION SCHEDULE D, PART X, LINE 2 THE AUDITED FINANCIAL STATEMENTS DO NOT CONTAIN A FOOTNOTE REGARDING ASC 740 (FORMERLY FIN 48) BECAUSE IT DID NOT HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. Central America and the Caribbean Investments 89902086 89902086 89902086 true false true true true false PART I, LINE 3, COLUMN (F) INVESTMENTS ARE REPORTED AT BOOK VALUE AT THE END OF THE TAX YEAR. X X X X X X X true SDA TELESERVICES INC TELEMARKET false 1305073 301736 1003337 1305073 301736 1003337 AL AK AZ AR CA CO CT FL KS KY LA ME MD MA MI MS MO NH NJ NM NY NC ND OH OK OR PA SC TN UT VA WA WV OPENING NIGHT 2772024 2448025 323999 87813 220033 102726 176936 MEDCAL OF EXCEL 4910026 4593226 316800 158165 239642 263104 47621 3 62074 50918 11156 118746 112521 44571 11464 7744124 7092169 651955 364724 572196 410401 236021 1583342 -931387 false THE CARNEGIE HALL CORPORATION 881 SEVENTH AVENUE NEW YORK NY 10019 131923626 501(c)(3) 58429093 SUPPORT AND OPERATIONS 1 MONITORING THE USE OF GRANT FUNDS SCHEDULE I, PART I, LINE 2 THE ONLY GRANT MADE BY THE CARNEGIE HALL SOCIETY, INC. WAS TO THE CARNEGNE HALL CORPORATION, A CLOSELY AFFILIATED ORGANIZATION. ACCORDINGLY, GRANT OVERSIGHT PROCEDURES ARE NOT NEEDED. X X X true true true true false false false false false false false CLIVE GILLINSON 0 929440 0 0 0 1305868 0 0 0 23980 0 2259288 0 0 RICHARD MATLAGA 0 47294 0 0 0 227154 0 0 0 4249 0 278697 0 0 THEODORE E PHILLIPS 0 213033 0 0 0 109507 0 0 0 25852 0 348392 0 0 COMPENSATION PAID BY RELATED ORGANIZATION CARNEGIE HALL SOCIETY DOES NOT HAVE EMPLOYEES. EMPLOYEES OF CARNEGIE HALL CORPORATION, A RELATED ORGANIZATION, CARRY OUT CERTAIN ACTIVITIES ON BEHALF OF CARNEGIE HALL SOCIETY. ACCORDINGLY, COMPENSATION FOR CERTAIN INDIVIDUALS IS SHOWN AS BEING PAID BY A RELATED ORGANIZATION ON FORM 990, WHICH IS DETERMINED ANNUALLY BY THE CHAIRMAN AND TREASURER OF THE CARNEGIE HALL CORPORATION'S BOARD, WHO ARE FREE OF CONFLICTS OF INTEREST UNDER THE CONFLICT OF INTEREST POLICY. COMPENSATION IS DETERMINED BASED UPON COMPARABILITY DATA, SUCH AS FORM 990 AND OTHER SOURCES OF SALARY INFORMATION FOR FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED PERFORMING ARTS ORGANIZATIONS IN SIMILAR GEOGRAPHIC LOCATIONS. THE ORGANIZATION DOCUMENTS CONTEMPORANEOUSLY AND RETAINS RECORDS OF THE COMPENSATION DETERMINATION AND ANALYSIS. SCHEDULE J, PART I, LINE 1A HOUSING WAS PROVIDED TO THE EXECUTIVE AND ARTISTIC DIRECTOR OF CARNEGIE HALL, AND WAS REPORTED AS TAXABLE COMPENSATION. TRAVEL FOR COMPANIONS AND HEALTH OR SOCIAL DUES HAVE BEEN CHECKED BECAUSE THE ORGANIZATION HAS A POLICY COVERING THESE ITEMS. NO EXPENDITURES WERE INCURRED FOR THESE ITEMS DURING THE REPORTING YEAR. SCHEDULE J, PART I, LINE 4A - SEVERANCE RICHARD A. MATLAGA RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $160,000 DURING CALENDAR YEAR 2012. THE SEVERANCE PAYMENT WAS INCLUDED AS TAXABLE COMPENSATION AND REPORTED ON SCHEDULE J, PART II, COL. (B)(III). SCHEDULE J, PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE CARNEGIE HALL CORPORATION MAINTAINS A NONQUALIFIED DEFERRED COMPENSATION PLAN FOR CERTAIN EMPLOYEES. IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS, THE CARNEGIE HALL CORPORATION IS REPORTING THE PLAN PARTICIPANTS, AMOUNTS SUBSTANTIALLY VESTED AND INCLUDED AS TAXABLE INCOME AND AMOUNTS DEFERRED AND NOT SUBSTANTIALLY VESTED. PLAN PARTICIPANTS - CLIVE D. GILLINSON AMOUNT SUBSTANTIALLY VESTED AND TAXABLE: $1,083,200 AMOUNT NOT SUBSTANTIALLY VESTED AND NOT TAXABLE: $0 RICHARD A. MATLAGA AMOUNT SUBSTANTIALLY VESTED AND TAXABLE: $65,930 AMOUNT NOT SUBSTANTIALLY VESTED AND NOT TAXABLE: $0 THEODORE E. PHILLIPS AMOUNT SUBSTANTIALLY VESTED AND TAXABLE: $108,697 AMOUNT NOT SUBSTANTIALLY VESTED AND NOT TAXABLE: $0 A THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY 911882413 649717QJ7 2009-12-03 109769382 THE TRUST FOR CULTURAL RESOURCES O false false false A 0 0 109769382 0 0 0 0 0 1659202 0 0 0 true false true true A false false false false 0 true false false false A false false false false false false 0 false 0 false false A false BOND COUNSEL SCHEDULE K, PART III, LINE 3C PRESENTLY THE PROJECT IS STILL IN PROGRESS. ONCE COMPLETED, CARNEGIE WILL USE OUTSIDE COUNSEL TO REVIEW ANY MANAGEMENT CONTRACTS AND SERVICE CONTRACTS. BANK OF AMERICA SEE PART V 118427 AMOUNT OF INTEREST ON LOC false BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS SCHEDULE L, PART IV ORGANIZATIONS AFFILIATED WITH MEMBERS OF THE BOARD OF TRUSTEES OCCASIONALLY PROVIDE SERVICES TO THE CARNEGIE HALL SOCIETY. THE ARRANGEMENTS FOR THESE SERVICES ARE NEGOTIATED ON AN ARM'S LENGTH BASIS AND ARE REVIEWED BY INDEPENDENT MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES UNDER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. BANK OF AMERICA - ENTITY OF WHICH ANNE FINUCANE, TRUSTEE OF THE CARNEGIE HALL SOCIETY, SERVED AS AN OFFICER - PROVIDED LINE OF CREDIT. X 36 1033715 FMV X THROAT DROPS 833878 23394 FMV X MISCELLANEOUS GIFT ITEMS 2724 85463 FMV X GALA ARTIST TRAVEL 0 175000 FMV X BEVERAGES AND RELATED 1582 51416 FMV X OTHER MISCELLANEOUS ITEMS 601 15150 FMV false false false MEMBERS FORM 990, PART VI, SECTION A, LINES 6 AND 7A CARNEGIE HALL SOCIETY'S FIRST MEMBERS WERE THE INDIVIDUALS WHO FOUNDED THE CARNEGIE HALL CORPORATION, INC. AND SIGNED ITS ARTICLES OF INCORPORATION. OVER TIME, THE TRADITION CONTINUED -- MEMBERS CONTINUED TO EXIST AS A GROUP OF INDIVIDUALS DEDICATED TO SUPPORTING CARNEGIE HALL. ALL MEMBERS ARE EITHER CURRENT OR FORMER TRUSTEES. MEMBERS MAY BE APPOINTED BY THE BOARD OF TRUSTEES. THE MEMBERS ELECT TRUSTEES EACH YEAR, AND THOSE TRUSTEES MAY IN TURN APPOINT ADDITIONAL TRUSTEES TO THE BOARD. BOARD REVIEW OF FORM 990 FORM 990, PART VI, SECTION A, LINE 11A THE FORM 990 IS PREPARED BY CARNEGIE HALL'S EXTERNAL ACCOUNTING FIRM WITH THE ASSISTANCE OF CARNEGIE HALL'S STAFF. THE STAFF AND FINANCE DEPARTMENT CAREFULLY REVIEW THE DRAFT FORMS, WHICH ARE THEN PROVIDED TO THE AUDIT COMMITTEE. THE BOARD OF TRUSTEES HAS DELEGATED RESPONSIBILITY FOR REVIEWING THE FORM 990 TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE PROVIDES THE FULL BOARD WITH ITS REVIEW COMMENTS. A COPY OF FORM 990 IS MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES BEFORE FILING. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C CARNEGIE HALL SOCIETY HAS A CONFLICT OF INTEREST POLICY COVERING ALL TRUSTEES AS WELL AS SENIOR MANAGEMENT. THEY ARE REQUIRED TO COMPLETE A DISCLOSURE STATEMENT ANNUALLY TO CONFIRM THEIR COMPLIANCE. THE RESPONSES ARE THEN REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE AND THE SECRETARY OF THE BOARD TO DETERMINE IF CONFLICTS EXIST, AND HOW TO HANDLE ANY SUCH CONFLICTS. IN THE EVENT OF A CONFLICT, THE AUDIT COMMITTEE AND THE SECRETARY DETERMINE APPROPRIATE ACTION, GENERALLY INCLUDING RECUSAL OF THE CONFLICTED INDIVIDUAL FROM BOARD DISCUSSION AND VOTE ON THE APPLICABLE TOPIC AND FROM INVOLVEMENT ON RELATED BUSINESS DECISIONS. CONFLICTS OF INTEREST ARE REPORTED TO THE FULL BOARD OF TRUSTEES. PUBLIC DISCLOSURE FORM 990, PART VI, SECTION C, LINE 19 CARNEGIE HALL SOCIETY DOES NOT CURRENTLY MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. IT DOES MAKE ITS ANNUAL REPORT AVAILABLE ON ITS WEB SITE EACH YEAR, WHICH CONTAINS HIGHLIGHTS OF PROGRAM, FINANCIAL, AND OTHER INFORMATION. THE FORM 990 IS AVAILABLE UPON REQUEST AND ON WEBSITES SUCH AS GUIDESTAR.ORG. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 9 INTERCOMPANY EXPENSE ELIMINATED : 467,292 THE CARNEGIE HALL CORPORATION 881 SEVENTH AVENUE NEW YORK NY 10019 131923626 PERFORM. ARTS NY 501(c)(3) 7 NA true SPLIT INTEREST TRUST PLIF (1) PLIF NY N/A TRUST SPLIT INTEREST TRUST CRUT (1) CRUT NY NA TRUST false true false false false false false false false false false false true true true false true false THE CARNEGIE HALL CORPORATION B 58429093 FMV THE CARNEGIE HALL CORPORATION R 467292 FMV THE CARNEGIE HALL CORPORATIO 881 SEVENTH AVENUE NEW YORK NY 10019 131923626 0 0 0 71498804 71498804 1000000 250000 0 0 0 THE CARNEGIE HALL SOCIETY 881 SEVENTH AVENUE NEW YORK NY 10019 136136259 0 181975 181975 9308514 9490489 624524 156131 0 0 0