ALABAMA SYMPHONY ENDOWMENT: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
ALABAMA SYMPHONY ENDOWMENT (EIN 63-0965459)
Tax period
2011-07-01 to 2012-06-30
Filed
2013-01-25
IRS object ID
201320259349300512
Schema version
2011v1.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-01-25T11:29:55-06:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1JAMES S SNOW & ASSOCIATESBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1728 SHADES CREEK PKWY SUITE 130AddressLine1
CityBIRMINGHAMCity
StateALState
ZIP Code35209ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN630965459EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1ALABAMA SYMPHONY ENDOWMENTBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlALABNameControl
Phone2053146906Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line13621 SIXTH AVE SOUTHAddressLine1
CityBIRMINGHAMCity
StateALState
ZIP Code35222ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCHARLES PERRYName
TitlePRESIDENTTitle
Phone2053146906Phone
Date Signed2012-11-20DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameJAMES S SNOW JR CPA PFS ABVName
Phone2058701166Phone
Date Prepared2013-01-25DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts1449846GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1987YearFormation
State Legal DomicileALStateLegalDomicile
Activity Or Mission DescriptionTO PROVIDE FUNDING AND SUPPORT FOR THE ALABAMA SYMPHONIC ASSOCIATION, INC (63-1103036)ActivityOrMissionDescription
Nbr Voting Members Governing Body16NbrVotingMembersGoverningBody
Nbr Independent Voting Members16NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year10000ContributionsGrantsPriorYear
Contributions Grants Current Year117ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year390091InvestmentIncomePriorYear
Investment Income Current Year362968InvestmentIncomeCurrentYear
Other Revenue Prior Year9500OtherRevenuePriorYear
Other Revenue Current Year6984OtherRevenueCurrentYear
Total Revenue Prior Year409591TotalRevenuePriorYear
Total Revenue Current Year370069TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year828775GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY534500GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year30799OtherExpensePriorYear
Other Expenses Current Year29787OtherExpensesCurrentYear
Total Expenses Prior Year859574TotalExpensesPriorYear
Total Expenses Current Year564287TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-449983RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-194218RevenuesLessExpensesCY
Total Assets BOY13163404TotalAssetsBOY
Total Assets EOY12533877TotalAssetsEOY
Total Liabilities EOY4501TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY13163404NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY12529376NetAssetsOrFundBalancesEOY
Mission DescriptionTO PROVIDE FUNDING AND SUPPORT FOR THE ALABAMA SYMPHONIC ASSOCIATION, INC (63-1103036)MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense534500Expense
Grants534500Grants
DescriptionDISTRIBUTED INCOME TO HELP FUND CONCERT OPERATIONS OF THE ALABAMA SYMPHONIC ASSOCIATION, INC (63-1103036)Description
Total Program Service Expense534500TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredfalseScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiesfalseReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmttrueConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationstrueGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingfalseComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members16NbrVotingGoverningBodyMembers
Number Independent Voting Members16NumberIndependentVotingMembers
Family Or Business RelationshiptrueFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MemberstrueElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledALStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonCURTIS LONGNamePerson
Telephone Number2053146906TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line13621 SIXTH AVE SOUTHAddressLine1
CityBIRMINGHAMCity
StateALState
ZIP Code35222ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (16 entries)

TitleTitleIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerAverage Hours Per WeekAverageHoursPerWeek
HAROLD ABROMS
DIRECTORX000
HAROLD APOLINSKY
DIRECTORX000
DELL BROOKE
SECRETARYX000X
H CORBIN DAY
DIRECTORX000
K WOOD HERREN
DIRECTORX000
CHARLES A MCCALLUM JR
DIRECTORX000
WILL BROOKE
DIRECTORX000
CHARLES PERRY
PRESIDENTX000X
DANIEL COLEMAN
PRESIDENTX000
CT FITZPATRICK
DIRECTORX000
STEVE WILLIAMS
DIRECTORX000
GLORIA MOODY
DIRECTORX000
G RUFFNER PAGE
DIRECTORX000
JAMES S SNOW
DIRECTORX000
MICHAEL GRIGGS
DIRECTORX0000.00
CARL THIGPEN
DIRECTORX0000.00
FieldValueIRS element (for citing)
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
All Other Contributions117AllOtherContributions
Total Contributions117TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column333166TotalRevenueColumn
Exclusion$333,166ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real22500Real

Less Rental Expenses LessRentalExpenses

FieldValueIRS element (for citing)
Real15516Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real6984Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column6984TotalRevenueColumn
Exclusion$6,984ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities1094063Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities1064261Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities29802Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column29802TotalRevenueColumn
Related Or Exempt Function Income29802RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column370069TotalRevenueColumn
Related Or Exempt Function Income29802RelatedOrExemptFunctionIncome
Exclusion$340,150ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total534500Total
Program Services534500ProgramServices

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total29787Total
Management And General29787ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total564287Total
Program Services534500ProgramServices
Management And General29787ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY255570BOY
EOY111102EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY57669BOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY20000BOY
EOY15000EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY22500BOY
EOY37500EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis360000LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec119274LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY253726BOY
EOY240726EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY12541263BOY
EOY12117218EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY12676BOY
EOY12331EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY13163404BOY
EOY12533877EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
EOY4501EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY4501EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY13163404BOY
EOY12529376EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY13163404BOY
EOY12529376EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY13163404BOY
EOY12533877EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-194218ReconcilationRevenueExpenses
Reconcilation Other Changes-439810ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3XSupportingOrganization509a3
Supporting Org509a3 Type1XSupportingOrg509a3Type1
Certification CheckboxXCertificationCheckbox
Contrib By Controlling IndividualfalseContribByControllingIndividual
Contribution By Related PartyfalseContributionByRelatedParty
Contrib By35 Controlled EntityfalseContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation

Name Name

FieldValueIRS element (for citing)
Business Name Line1ALABAMA SYMPHONIC ASSOCIATION INCBusinessNameLine1
FieldValueIRS element (for citing)
EIN631103036EIN
Type Of Organization9TypeOfOrganization
Listed In Governing DoctrueListedInGoverningDoc
Supported Organization NotifiedtrueSupportedOrganizationNotified
Organized In UStrueOrganizedInUS
Amount$534,500Amount
FieldValueIRS element (for citing)
Total Number Of Supported Orgs1TotalNumberOfSupportedOrgs
Sum Of Amounts534500SumOfAmounts

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Disclosed Orgs Legal ControlfalseDisclosedOrgsLegalControl
Disclosed For Charitable PurposesfalseDisclosedForCharitablePurposes
Written Policy MonitoringfalseWrittenPolicyMonitoring
Sect170h Requirements SatisfiedfalseSect170hRequirementsSatisfied
Solicited Assets For SalefalseSolicitedAssetsForSale
Agent Trustee EtcfalseAgentTrusteeEtc
Included On FSfalseIncludedOnFS

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance13163220BeginningOfYearBalance
Contributions117Contributions
Investment Earnings Or Losses-69858InvestmentEarningsOrLosses
Grants Or Scholarships534500GrantsOrScholarships
Administrative Expenses29787AdministrativeExpenses
End Of Year Balance12529192EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance11985781BeginningOfYearBalance
Contributions10000Contributions
Investment Earnings Or Losses2040014InvestmentEarningsOrLosses
Grants Or Scholarships828775GrantsOrScholarships
Administrative Expenses43800AdministrativeExpenses
End Of Year Balance13163220EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance11802948BeginningOfYearBalance
Contributions167161Contributions
Investment Earnings Or Losses611363InvestmentEarningsOrLosses
Grants Or Scholarships527024GrantsOrScholarships
Administrative Expenses68667AdministrativeExpenses
End Of Year Balance11985781EndOfYearBalance
FieldValueIRS element (for citing)
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule RfalseAreRelatedOrgsListedScheduleR

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis100000OtherCostOrOtherBasis
Book Value100000BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis260000OtherCostOrOtherBasis
Depreciation119274Depreciation
Book Value140726BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings240726TotalOfBookValueLandBuildings

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedfalseRecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1ALABAMA SYMPHONIC ASSOCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line13621 SIXTH AVE SAddressLine1
CityBIRMINGHAMCity
StateALState
ZIP Code35222ZIPCode
FieldValueIRS element (for citing)
EIN Of Recipient631103036EINOfRecipient
Amount Of Cash Grant534500AmountOfCashGrant
Purpose Of GrantFINANCIAL SUPPORTPurposeOfGrant

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
RELATED PARTY INFORMATION AMONG OFFICERSFORM 990, PAGE 6, PART VI, LINE 2DELL BROOKE WILL BROOKE SECRETARY DIRECTOR DELL MARRIED WILL'S BROTHER
ELECTION OF MEMBERS AND THEIR RIGHTSFORM 990, PAGE 6, PART VI, LINE 7ATHE NOMINATING COMMITTEE OF THE BOARD OF DIRECTORS NOMINATES FUTURE BOARD MEMBERS. THEY MUST BE APPROVED BY THE BOARD OF THE ENDOWMENT AS WELL AS THE BOARD OF DIRECTORS OF THE ALABAMA SYMPHONIC ASSOCIATION, INC
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990FORM 990, PAGE 6, PART VI, LINE 11BA COPY OF THE COMPLETED 990 FORM WAS MAILED TO ALL BOARD MEMBERS FOR THEIR REVIEW AND COMMENTS PRIOR TO THE FILING.
ENFORCEMENT OF CONFLICTS POLICYFORM 990, PAGE 6, PART VI, LINE 12CA CONFLICT OF INTEREST DISCLOSURE STATEMENT MUST BE COMPLETED BY EACH EMPLOYEE IDENTIFYING ANY AREAS OF POTENTIAL CONFLICT.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATIONFORM 990, PAGE 6, PART VI, LINE 19ALL LISTED DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
ADDITIONAL INFORMATIONFORM 990, PART XILINE 5 - RECONCILIATION OF NET ASSETS - THE DIFFERENCE BETWEEN THE GAIN ON THE SALE OF INVESTMENTS USING THE COST BASIS AND THE INCREASE IN THE FAIR VALUE OF ALL INVESTMENTS FROM THE BEGINNING OF THE YEAR TO THE END OF THE YEAR.

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