2013-01-11T16:21:55-06:00 2012-08-31 391214345 KOLBCO SC 13400 BISHOPS LANE SUITE 300 BROOKFIELD WI 53005 990 2011-09-01 396023436 MILWAUKEE SYMPHONY ORCHESTRA INC MILW 4142916010 1101 N MARKET STREET NO 100 MILWAUKEE WI 53202 MARK NIEHAUS 4142916010 2013-01-07 1 KARELYN J BECK CPA P00474979 2627549400 2013-01-07 2011 2016-02-25 16:41:14Z MARK NIEHAUS 1101 N MARKET STREET NO 100 MILWAUKEE WI 53202 25306868 0 X WWW.MSO.ORG X 1958 WI PRESENT PERFORMANCES THAT CULTIVATE AN APPRECIATION FOR THE ART OF MUSIC. 36 34 319 216 0 0 11224491 21467184 4133611 3581126 174314 118581 39294 38176 15571710 25205067 0 4500 0 0 11304391 12203104 64691 56162 916145 5297467 5107786 16666549 17371552 -1094839 7833515 30562123 24302061 18460299 12012744 12101824 12289317 X THE MILWAUKEE SYMPHONY ORCHESTRA, INC. ("MSO") REACHES OUT TO DIVERSE AUDIENCES THROUGH CONCERT PERFORMANCES AND NATIONALLY RECOGNIZED EDUCATION AND OUTREACH PROGRAMS. ALL PROGRAMS ARE GUIDED BY THE MSO FAMILY SHARED VISION WHICH STATES THAT THE MSO EXISTS FOR THREE PURPOSES: TO COMFORT, EDUCATE, ENTERTAIN AND EXHILARATE THE HUMAN SOUL THROUGH EVENTS OF CULTURAL SIGNIFICANCE, RELEVANCE AND ARTISTIC CHALLENGE; TO EMBRACE, PRESERVE AND FOSTER OUR MUSICAL HERITAGE; AND TO ENHANCE THE VIBRANCY OF OUR COMMUNITY. 0 0 14482436 4500 3628458 RANKED AMONG THE TOP ORCHESTRAS IN THE COUNTRY, THE MSO IS THE LARGEST CULTURAL INSTITUTION IN WISCONSIN. SINCE ITS INCEPTION, THE ORCHESTRA HAS RECEIVED CRITICAL ACCLAIM FOR ARTISTIC EXCELLENCE. THE ORCHESTRA'S 83 FULL-TIME PROFESSIONAL MUSICIANS PERFORM MORE THAN 140 CLASSICAL, POPS, EDUCATION AND COMMUNITY CONCERTS SERVING NEARLY 200,000 ANNUALLY. THE MSO MADE ITS TWELFTH APPEARANCE AT CARNEGIE AS PART OF THE SPRING FOR MUSIC FESTIVAL DURING THE 2011-2012 SEASON. SELECTED FOR ARTISTIC EXCELLENCE AND INNOVATIVE PROGRAMMING, THE ORCHESTRA UNDER THE DIRECTION OF EDO DE WAART WAS ONE OF JUST SIX IN THE NATION SELECTED TO APPEAR IN THE PRESTIGIOUS NEW YORK CITY VENUE. A CORNERSTONE ORGANIZATION IN MILWAUKEE'S ARTS COMMUNITY, THE MSO PROVIDES ENRICHMENT AND EDUCATION ACTIVITIES FOR AUDIENCES OF EVERY AGE, ECONOMIC STATUS AND BACKGROUND. FOR TWENTY-TWO YEARS, THE MSO'S NATIONALLY ACCLAIMED ARTS IN COMMUNITY EDUCATION (ACE) PROGRAM HAS ENHANCED OVER 7,500 STUDENTS' EDUCATION THROUGH THE INTEGRATION OF MUSIC, DANCE, DRAMA AND ART INTO THE SCHOOL CURRICULUM. 14482436 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 1 0 0 1 0 0 0 0 1 0 0 0 0 1 71 0 319 1 0 0 0 0 0 1 1 0 0 X 36 34 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X CATHERINE KIEKHOFER 4142916010 1101 N MARKET ST STE 100 MILWAUKEE WI 53202 DOUGLAS HAGERMAN 12.00 X X 0 0 0 ERIC HOBBS 1.00 X X 0 0 0 PATRICE BRINGE 1.00 X X 0 0 0 ALYCE KATAYAMA 1.00 X X 0 0 0 BRUCE R LANING 1.00 X X 0 0 0 MARYELLEN GLEASON 40.00 X X 212922 0 12051 FRANK ALMOND 40.00 X 134610 0 27541 MARY BAKER 1.00 X 0 0 0 MARCIA PARKER BROOKS 1.00 X 0 0 0 EDWARD G DURANT 1.00 X 0 0 0 ALEXANDER P FRASER 1.00 X 0 0 0 MICHAEL L GONZALEZ 1.00 X 0 0 0 MARTA HAAS 1.00 X 0 0 0 KAREN C HUNG 1.00 X 0 0 0 MARSHA KINDALL-SMITH 1.00 X 0 0 0 DEBBIE KRAMER 1.00 X 0 0 0 SUSAN L KURTZ 1.00 X 0 0 0 PAUL LAVENDER 1.00 X 0 0 0 MARK NIEHAUS 40.00 X 81992 0 23852 ANDREW N NUNEMAKER 1.00 X 0 0 0 RICHARD D PAULS 1.00 X 0 0 0 ANGELA PINTAR 1.00 X 0 0 0 STEPHEN C RAGATZ 1.00 X 0 0 0 BART F REUTER 1.00 X 0 0 0 MONICA SCHICK 1.00 X 0 0 0 R NICHOLAS SCHMIDT 1.00 X 0 0 0 MICHAEL J SCHMITZ 1.00 X 0 0 0 JAY E SCHWISTER 1.00 X 0 0 0 JOHN B SIBSON 1.00 X 0 0 0 GREGORY A SMITH 1.00 X 0 0 0 JAQUELINE F STRAYER 1.00 X 0 0 0 DAVID C SWANSON 1.00 X 0 0 0 JENIFER TATE 1.00 X 0 0 0 LINDA M TOJEK 1.00 X 0 0 0 HARUKI TOYAMA 1.00 X 0 0 0 DON TYLER 1.00 X 0 0 0 ROBERT L WEBSTER 1.00 X 0 0 0 HERB ZIEN 1.00 X 0 0 0 EDO DE WAART 40.00 X 441125 0 0 SUSAN LORIS 40.00 X 106668 0 7210 MICHAEL WAMSER 40.00 X 100489 0 4320 1077806 0 74974 5 0 1 0 0 2320593 67755 7824810 100055 11153971 153115 21467184 TICKET SALES 711190 3115079 3115079 FEE FOR SERVICE 711190 466047 466047 3581126 118581 118581 1207 1207 91438 67755 101801 -10363 -10363 MISCELLANEOUS 900099 47332 47332 47332 25205067 3628458 0 109425 4500 4500 510722 510722 7634123 6590008 550213 493902 1301045 1173142 127903 1875077 1700522 82292 92263 882137 769416 57324 55397 56162 56162 245979 93826 110548 41605 769499 752591 16908 338863 22311 260455 56097 240476 11820 228656 46076 14125 31438 513 43457 9533 25221 8703 160908 160908 201805 201805 29307 29307 PRODUCTION COSTS 1681180 1675074 6106 ARTISTIC COSTS 743247 743174 73 SALES DEVELOPMENT 324573 259406 30311 34856 MISCELLANEOUS 249592 119442 53576 76574 32824 32824 17371552 14482436 1972971 916145 1126330 2363828 4073033 3052556 262869 238345 442952 341130 2575166 2379005 316551 196161 24340388 18110041 30562123 24302061 744809 704753 1920249 1880558 7948830 0 2468829 2472252 5377582 6955181 18460299 12012744 X -15081249 -10086534 2842685 4265810 24340388 18110041 12101824 12289317 30562123 24302061 X 7833515 -7646022 X 0 1 1 X 0 X 11445232 9502145 11512198 11224491 21467184 65151250 11445232 9502145 11512198 11224491 21467184 65151250 12698035 52453215 185 178238 174314 119788 472525 5046063 4663714 4156120 4169478 3634398 21669773 87293548 0.60090 0.71890 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: PART II, SECTION B, LINE 10 - OTHER INCOME: 2007 2008 2009 2010 2011 PERFORMANCE REVENUE 3,980,826 3,600,040 3,547,022 3,502,792 3,115,079 FEE FOR SERVICE 723,406 725,149 609,098 630,819 471,987 OTHER INCOME 341,831 338,525 35,867 47,332 TOTAL 5,046,063 4,663,714 4,156,120 4,169,478 3,634,398 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 770 770 14481666 14482436 874122 218531 0 0 1000000 854520 946696 874122 3675338 5513007 1157 807 809 770 3543 250000 213630 236674 218531 918835 1378253 1157 807 809 770 3543 24340388 172461 1510396 7824810 88394 18110041 23381311 153811 2388061 1506490 76305 24340388 23340764 1176060 1613367 2671471 77409 23381311 27839713 409068 -2992164 1818468 97385 23340764 1.00000 1 1 1 63190 24529 38661 2511976 2354476 157500 196161 BENEFICIAL INTEREST HELD IN TRUSTS 18110041 18110041 LIABILITY FOR PENSION BENEFITS 6955181 6955181 25205067 17371552 7833515 -7646022 -7646022 187493 25332056 63338 -38150 25188 25306868 -101801 -101801 25205067 17498539 63338 63338 17435201 -63649 -63649 17371552 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO PROVIDE OPERATING SUPPORT TO THE MILWAUKEE SYMPHONY ORCHESTRA, INC. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS ON AN ANNUAL BASIS AND THERE HAVE BEEN NO UNCERTAIN TAX POSITIONS RECORDED DURING 2012 OR 2011. PART XI, LINE 8 - OTHER ADJUSTMENTS: DECREASE IN BENEFICIAL INTEREST IN FUNDS HELD AT PERPETUAL TRUSTS -6,230,347. PENSION-RELATED ITEMS OTHER THAN NET PERIODIC PENSION COSTS -1,415,675. TOTAL TO SCHEDULE D, PART XI, LINE 8: -7,646,022. PART XI, LINE 8 - OTHER ADJUSTMENTS: DECREASE IN THE BENEFICIAL INTEREST IN FUNDS HELD AT PERPETUAL TRUSTS -6,265,838 PENSION-RELATED ITEMS OTHER THAN NET PERIODIC PENSION COSTS -1,415,675 TOTAL ADJUSTMENTS -7,681,513 PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE -32,824 DONOR STOCK SALE EXPENSE -5,328 RECONCILING ADJUSTMENT 2 TOTAL -38,150 PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -101,801 PART XIII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -101,801 BAD DEBT EXPENSE 32,824 DONOR STOCK SALE EXPENSE 5,328 TOTAL -63,649 X 0 ARTS MARKETING PO BOX 8000 BUFFALO NY 14267 TELEFUNDRAISING 1 84647 56118 28529 84647 56118 28529 FEINSTEIN EVENT 71090 55390 15700 8360 35000 5225 GRAPE EXPECTATIONS 40833 8665 32168 7447 400 4120 4 47270 3700 43570 24039 1000 4820 159193 67755 91438 39846 36400 14165 90411 1027 X 1 0 X X 0 0 0 0 0 0 0 0 0 MARYELLEN GLEASON 212922 0 0 0 0 0 0 0 0 12051 212922 12051 0 0 FRANK ALMOND 134610 0 0 0 0 0 0 0 0 27541 134610 27541 0 0 EDO DE WAART 441125 0 0 0 0 0 0 0 0 0 441125 0 0 0 TED SOLURI INSTRUMENT LOAN X 10000 545 0 1 1 545 BAKER TILLY DIRECTOR (B LANING) 31535 MR. LANING IS THE MANAGING DIRECTOR AND SENIOR PORTFOLIO MANAGER AT BAKER TILLY INVESTMENT ADVISORS. THE ORGANIZATION PAID BAKER TILLY $31,535 FOR HIRING CONSULTING EXPENSES. THIS TRANSACTION WAS NOT RELATED TO PORTFOLIO MANAGEMENT. 0 X 13 0 FMV X FURNITURE 8400 FMV 0 1 1 THIRD PARTY USE: PART I, LINE 32B: THE ORGANIZATION USES THE SERVICES OF INVESTMENT BROKERS TO SELL SECURITIES DONATED. NON REPORTING OF REVENUE: PART I, LINE 33: THE DONATED SECURITIES ARE ALL SOLD AT YEAR-END AND INCLUDED AS CASH CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 TWO EMPLOYEES ARE ALSO BOARD DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE 990 IS GIVEN TO THE AUDIT COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE MSO AND THE GOVERNANCE COMMITTEE REVIEWS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 EMPLOYEES' COMPENSATION IS REVIEWED ANNUALLY AND COMPARED WITH BENCH-MARKING DATA PROVIDED BY THE LEAGUE OF AMERICAN ORCHESTRAS. FORM 990, PART VI, LINE 15B: EMPLOYEES' COMPENSATION IS REVIEWED ANNUALLY AND COMPARED WITH BENCH-MARKING DATA PROVIDED BY THE LEAGUE OF AMERICAN ORCHESTRAS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: DECREASE IN BENEFICIAL INTEREST IN FUNDS HELD AT PERPETUAL TRUSTS -6,230,347. PENSION-RELATED ITEMS OTHER THAN NET PERIODIC PENSION COSTS -1,415,675. TOTAL TO FORM 990, PART XI, LINE 5: -7,646,022. MILWAUKEE SYMPHONY ORCHESTRA ENDOWMENT TRUST 1101 N MARKET ST ST 100 MILWAUKEE WI 53202 396096874 SUPPORT MSO, INC. WI 501(C)(3) LINE 11A, I N/A 0 MILWAUKEE SYMPHONY ORCHESTRA FOUNDATION TRUST 1101 N MARKET ST ST 100 MILWAUKEE WI 53202 391715515 SUPPORT MSO, INC. WI 501(C)(3) LINE 11A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MILWAUKEE SYMPHONY ORCHESTRA ENDOWMENT TRUST C 7198842 FMV MILWAUKEE SYMPHONY ORCHESTRA FOUNDATION TRUST C 625968 FMV