2013-06-18T11:11:16-07:00 2012-08-31 990 2011-09-01 042103550 BOSTON SYMPHONY ORCHESTRA INC BOST 6172661492 301 Massachusetts Avenue Boston MA 02115 Thomas D May 6172661492 2013-06-18 2011 2016-02-25 16:41:14Z Mark Volpe 301 Massachusetts Avenue Boston MA 02115 179661419 0 X www.bso.org X 1918 MA The mission of the Boston Symphony Orchestra is to foster and maintain an organization dedicated to the making of music consonant with the highest aspirations of the musical art, creating performances and providing educational and training programs at the highest level of excellence and presenting this music to the widest audience possible. BSO concerts include: the Boston Symphony winter season in Symphony Hall in Boston; the Boston Symphony's summer festival at Tanglewood, its outdoor summer home in Lenox and Stockbridge, Massachusetts; and Boston Pops concerts in Symphony Hall that reach a third audience for whom orchestral music may not be as familiar. Additionally, an array of BSO education and community engagement programs are held each year that are intended to serve as a resource for educators, families and students. 34 32 1260 1245 1147186 -19664 24734705 34676732 34664126 36326208 17297776 22033214 3963032 4183250 80659639 97219404 0 0 0 0 45676892 46944447 0 0 7669199 37905313 38900311 83582205 85844758 -2922566 11374646 493519685 494201024 55353253 73671753 438166432 420529271 The mission of the Boston Symphony Orchestra is to foster and maintain an organization dedicated to the making of music consonant with the highest aspirations of the musical art, creating performances and providing educational and training programs at the highest level of excellence and presenting this music to the widest audience possible. BSO concerts include: the Boston Symphony winter season in Symphony Hall in Boston; the Boston Symphony's summer festival at Tanglewood, its outdoor summer home in Lenox and Stockbridge, Massachusetts; and Boston Pops concerts in Symphony Hall that reach a third audience for whom orchestral music may not be as familiar. Additionally, an array of BSO education and community engagement programs are held each year that are intended to serve as a resource for educators, families and students. 0 0 58386049 0 35129372 Orchestra Music Programs: Founded in 1881, the mission of the Boston Symphony Orchestra (BSO) is to foster and maintain an organization dedicated to the making of music consonant with the highest aspirations of the musical art, creating performances and providing educational and training programs at the highest level of excellence. Recognized as one of the world's finest orchestras, the BSO presents an average of 27 programs in approximately 100 concerts at Symphony Hall between September and April each year that embrace the full range of orchestral repertoire. Another 25 concerts and 7 open rehearsals are presented each summer at Tanglewood, the BSO's summer music festival in western Massachusetts. The BSO also offers an annual series of concerts in New York's Carnegie Hall and 12 Youth and Family Concerts, including a series of three open rehearsals for high school students. Following the close of the BSO's winter season through early July and during the December holiday season, the Boston Pops give approximately eighty concerts. All told, the BSO is the world's largest orchestral operation and the fourth-largest performing arts institution in the United States. The BSO's 2011-12 subscription season marked the orchestra's 131st year. The 2011-12 season featured some of the most ambitious, seminal pieces within the classical repertoire. An all-Mozart program on opening night (September 30, 2011) featured an innovative concert format, with violin virtuoso Anne-Sophie Mutter appearing as both soloist and conductor. The season also included the final concerts of a complete John Harbison symphony cycle, culminating with the world premiere of the composer's Symphony No. 6 (a BSO commission). A wealth of classical masterworks, including beloved choral works like Beethoven's Missa Solemnis; symphonies by Haydn, Brahms, Mahler, and Beethoven; and significant pieces by composers such as Debussy, Stravinsky, and Strauss were performed with world-renowned guest conductors, including Kurt Masur, Rafael Frühbeck de Burgos, Charles Dutoit, and Bernard Haitink. From December 6-10, 2011, the BSO toured the west coast to glowing reviews, appearing under the baton of conductor Ludovic Morlot at Davies Symphony Hall in San Francisco (as part of the San Francisco Symphony's 100th anniversary celebration), the Granada Theatre in Santa Barbara, the McCallum Theatre in Palm Desert and the Walt Disney Concert Hall in Los Angeles. Among the works featured were Harbison's Symphony No. 4, Ravel's Daphnis et Chloé, and Mahler's Symphony No. 1. Tanglewood celebrated its 75th season as the nation's leading summer music festival in 2012. A gala concert on July 14, 2012 featured the best of Tanglewood. The Boston Symphony, Boston Pops, Tanglewood Music Center Orchestra, and Tanglewood Festival Chorus all performed, with conductors John Williams, Keith Lockhart, and Andris Nelsons taking the podium. Special guest soloists included Yo-Yo Ma, Emanuel Ax, Peter Serkin, James Taylor, and Anne-Sophie Mutter. The Festival's Opening Night on July 6, 2012 also marked the anniversary with a reprise of the repertoire from the BSO's first concert at Tanglewood in 1937. The all-Beethoven program included the "Leonore No. 3" Overture and Symphonies No. 5 and 6. Over the course of the season the Tanglewood Festival served a record audience of 376,000. Throughout its history, the BSO has enabled the creation of hundreds of works, many of which have become landmarks in orchestral repertoire. BSO has commissioned and presented more than 400 U.S. and world premieres, including major works by Sergei Prokofiev, Igor Stravinsky, Samuel Barber, Béla Bartók, Elliott Carter, Aaron Copland, George Gershwin and John Harbison, among many others. Several BSO commissions have become landmarks of the 20th Century orchestral repertoire, including Stravinsky's Symphony of Psalms, Bartók's Concerto for Orchestra, and Bernstein's Symphony No. 3, Kaddish. More recently, Yehudi Wyner's piano concerto, Chiavi in mano, was recognized with the Pulitzer Prize, and Peter Lieberson's Neruda Songs has become a commercial success. During the 2011-12 BSO season in Symphony Hall, as mentioned above, the orchestra presented the American premiere of the Harbison Symphony No. 6 (a BSO commission). For all BSO (Boston, Tanglewood, and Carnegie Hall) and Boston Pops concerts, attendance was approximately 1.2 million. BSO concerts from Symphony Hall (Saturday evenings) and Tanglewood (Saturdays and Sundays) were also heard throughout southern New England in weekly live radio broadcasts over Classical New England 99.5 (formerly WCRB, now a subsidiary of WGBH), in addition to reaching a global audience through live, online streaming on the WGBH website. Saturday-evening concerts during the Boston Pops' season were also broadcast live over Classical New England 99.5. All told, these broadcasts reached a listening audience of more than 450,000. Additionally, the CBS broadcast of the July 4th Pops concert on Boston's Charles River Esplanade reaches millions of viewers nationwide, beyond the approximately 400,000 in attendance in Boston. Expanded media activities around the Tanglewood 75 milestone, reaching hundreds of thousands of additional patrons, included live radio broadcasts, music streams and downloads of historic performances from the past 75 years, and special webcasts of select Tanglewood Music Center master classes. Tanglewood's 75th Anniversary gala concert on July 14 was recorded and broadcast on PBS on Friday, August 10 as part of PBS's Great Performances "Summer Festivals" series. The core Symphony Hall audience comes from the Greater Boston area, and nearly 70 percent of the Tanglewood audience comes from outside Massachusetts. The BSO actively works to cultivate new and non-traditional audiences - especially for new music - through targeted community engagement activities. The institution has well-established collaborations with public schools, colleges, music schools, and community organizations throughout the Greater Boston area that allow it to interact directly and on a regular basis with the audiences it wishes to cultivate. According to an independent economic-impact study released in 2008, the BSO generates $136 million annually for the Boston-area economy and another $61 million for the Berkshire County economy during the 10 weeks that the orchestra is in residence at Tanglewood. 4928519 0 458329 Education: Education is integral to the BSO's mission and comprises two main components: 1.) training of young professional musicians at the Tanglewood Music Center, the BSO's world-renowned summer academy for advanced musical study; and 2.) Education and Community Engagement programs that offer individuals of all backgrounds, at all stages of life, an opportunity to develop their relationship with the BSO and build their ownership of and engagement with orchestral music through high quality, relevant, multileveled, and interactive education and community engagement experiences. Over the past seven decades, the Tanglewood Music Center (TMC) has established itself as the preeminent professional music-training center of its kind, and its alumni have shaped and changed the musical landscape in all parts of the world. The TMC program is truly unique, having a fully-integrated relationship with a world-class symphony orchestra, continuously drawing on the musicians, ideas, and resources of the BSO, and enlisting the participation of its artists to create and contribute to the educational experience of young musicians in the most profound manner. The mission of the TMC is to serve as a bridge from the conservatory to the professional world, allowing young musicians of the highest promise to gain access to the guidance of the music world's most esteemed senior professionals. The relationships cultivated at the TMC offer direct entrée to upper levels of the profession. Upon completing their time at TMC, TMC "fellows" are deemed to have all of the requisite skill and training for highly successful careers as performing musicians. Since its inception the TMC has also functioned as a think tank in which faculty are encouraged to pursue directions that will open new avenues in the field. The principal areas of study and performance at the TMC are orchestral and chamber music, with a heavy emphasis on contemporary music, vocal repertoire including art song and staged opera (also involving instrumentalists), composition, and conducting. In the summer of 2012, 153 accomplished fellows studied and performed for eight weeks under the direction of 60 resident and guest faculty members and members of the Boston Symphony Orchestra. Participating fellows represented 30 states and 17 foreign countries. Performance and study of new music, always central to the TMC methodology, were programmed throughout the summer, and the TMC fellows played a prominent role in Tanglewood's annual Festival of Contemporary Music, which was directed in 2012 by composer Oliver Knussen. A highlight of the 2012 Festival of Contemporary Music was the concert performance of Mr. Knussen's Higglety Pigglety Pop!, which featured the talented young vocalists and instrumentalists of the Tanglewood Music Center. Some 35,000 individuals participate each year in an array of BSO Education and Community Engagement programs intended to serve as a resource for educators, families, and students. BSO education programs welcome and include individuals of all backgrounds and learning styles, at all points in their relationship with orchestral music, and connect with residents in a wide range of communities across their life spans. During FY2012, the BSO offered, among other programs, a total of six Youth and Family Concerts during a week of concerts in March 2012. Although safety considerations following a catastrophic power failure in Boston's Back Bay on March 13 required the cancellation of two weekday concerts, the six remaining performances were attended by more than 12,000 students from schools across Massachusetts. Through the Metropolitan Youth Concerts series, the BSO fully underwrites admission to the Youth Concerts for students in the Boston Public Schools and other metro-Boston school systems. This program serves more than 4,000 urban children in third through twelfth grades from approximately 50 schools. The BSO's High School Open Rehearsals, a relatively new initiative launched in FY08 that brings interested teenagers to Symphony Hall to observe how the orchestra prepares its repertoire, were attended by 2,606 students. The BSO has offered a Concerto Competition for advanced high-school instrumentalists (piano, strings, winds, and brass) since 1959 when Harry Ellis Dickson founded the BSO's current Youth Concerts series. Two first-place awards are now offered. Each award includes a cash prize as well as a performance at a Boston Symphony Family Concert or a Boston Pops concert. Second- and third-place winners receive small cash prizes. Over the years, a number of Concerto Competition winners have gone on to careers as soloists, orchestral musicians, or teachers, including longtime BSO Assistant Principal Bass Larry Wolfe and National Symphony Orchestra Concertmaster Nurit Bar-Josef. In the summer of 2012, Days in the Arts (DARTS) continued to provide students from across Massachusetts with intensive, hands-on experiences in the arts. For eight weeks each July and August, DARTS draws upon the richly diverse resources of the Boston Symphony Orchestra and the world-class cultural institutions of the Berkshires, offering a unique opportunity for students to experience the arts and to discover and explore their own creative potentials in a supportive, non-judgmental environment. Participants are students entering the fifth, sixth, and seventh grades, drawn from urban, suburban, and rural communities across Massachusetts. In 2012, DARTS enrolled a total of 386 children for eight one-week sessions. During each session, the students explored an artistic discipline revolving around a variety of age-appropriate themes. Included in the program was an average of three field trips per week to such local arts institutions as Jacob's Pillow Dance Festival and the Norman Rockwell Museum. Each student successfully produced an end-of-the-week presentation that incorporated their discipline and the theme of the week. They also participated in daily creative-writing sessions and kept a journal of their experiences at DARTS. 1228188 0 1203525 Historic Preservation and Conservation and Facility Rental: Symphony Hall has long been considered the finest concert hall in the United States, and its spectacular acoustic qualities have earned it a place among the top three concert auditoriums in the world, a fact underscored by the hall's designation as a National Historic Landmark in 1999. Symphony Hall resonates with a century of great performances by leading artists, the musical vibrancy of the 20th century, and the important voices of history. It is a familiar location for millions of viewers nationwide who have watched "Evening at Pops" on PBS. Since 1900, virtually all of the world's great concert artists have appeared (and continue to appear) on the Symphony Hall stage, either with the BSO or in solo recitals. Touring ensembles have also taken advantage of the hall's acoustics, from renowned symphony orchestras to the U.S. Marine Band. The hall is also the main performance venue for a number of ensembles and presenters, including the Handel & Haydn Society, one of the nation's first permanent performing groups, established in 1815. Symphony Hall is also the primary venue for the Celebrity Series of Boston and the Boston Youth Symphony Orchestras. Frequently used as a civic auditorium, Symphony Hall has hosted many non-musical events that bear upon U.S. history and reflect the development of the United States as a world leader. In the early years of the 20th century, the hall served as a place to honor and present the luminaries of that era. World figures in politics and literature have lectured in Symphony Hall regularly, and controversial social issues were also given their due in debates. Tanglewood is the summer performance home of the Boston Symphony Orchestra and is located in Lenox, Massachusetts, amid the scenic splendor of the Berkshire hills. Established in 1936 by then-BSO Music Director Serge Koussevitzky, Tanglewood is now one of the world's preeminent summer music festivals. Tanglewood is also a festival renowned for its vital role in the development of America's contributions to music. Tanglewood attracts more than 350,000 visitors from around the world annually, and presents ten weeks of diverse programming each summer, the central feature of which is 25 BSO concerts and 7 open rehearsals featuring the finest classical music and the most esteemed conductors and soloists. The festival also includes a weekly chamber music series, solo recitals by acclaimed artists, some fifty concerts and recitals by fellows of the Tanglewood Music Center, the weeklong Festival of Contemporary Music, a Popular Artists Series, and jazz concerts. Comprising the former Tanglewood and Highwood estates, Tanglewood covers more than 500 scenic acres and remains open to the public year-round, much like a state park. There are 23 buildings on the grounds, including three principal performance venues: the Koussevitzky Music Shed, Seiji Ozawa Concert Hall, and the Tanglewood Theatre. Built in 1938 from plans by Eliel Saarinen, the Koussevitzky Music Shed is a seasonal hall that is open on three sides and has 5,121 seats with additional seating for more than 10,000 on the adjacent lawn. All BSO and visiting orchestra concerts are performed in the shed. Opened in 1994, Seiji Ozawa Hall provides a venue for the Tanglewood festival's solo and chamber music performances, including Friday-evening prelude concerts. The brick and wood structure also provides space for rehearsals by Tanglewood's guest artists, serves as the headquarters of the Tanglewood Music Center, and acts a recording facility. It seats up to 750 audience members on the orchestra level and an additional 450 in the two balconies, as well as hundreds more on the adjacent lawn. The Theatre is the second Tanglewood structure designed by Eero Saarinen. It is used primarily by the TMC for opera and other staged productions not suited for presentation in Ozawa Hall. This wooden structure has a full orchestra pit and fully rigged stage. The Tanglewood master plan was completed in the summer of 2005, resulting in an approved plan that will guide the enhancement and preservation of this unique property for the next seven to ten years. During FY12, in accordance with the Boston Symphony Orchestra's master plan for facilities, the BSO continued extensive exterior restoration work on Symphony Hall in Boston and completed a major sewer system installation at Tanglewood. 934859 0 738507 Electronic Media: During FY12, the BSO was featured in live local broadcasts of weekly Symphony Hall and Tanglewood Concerts on 99.5 Classical New England , a subsidiary of public radio station WGBH. Expanded media activities around the 75th anniversary of Tanglewood included special live radio broadcasts, and webcasts of select Tanglewood Music Center master classes. Tanglewood's 75th Anniversary gala concert on July 14 was recorded and broadcast on PBS on Friday, August 10 as part of PBS's Great Performances "Summer Festivals" series. A special electronic media initiative, "Tanglewood 75th: From the Audio Archives" offered free music streams of content from Tanglewood's remarkable and storied history. The BSO released one free stream of music selected from hallmark performances at Tanglewood each day for 75 days, with each stream offered as a paid permanent digital download following the expiration of the free streaming period. Over 400,000 items were streamed or downloaded as a result of this initiative. The BSO's website (www.bso.org) continued to prove its value as one of the orchestra's most vital business assets, receiving nearly 7 million visits in FY12, 15 percent of which were international. This generated more than 33 million page views. The BSO's website continues to be the largest and most-visited orchestral website in the country. The website is also essential to executing the orchestra's educational and community engagement mission. For each of the BSO's winter season programs, the orchestra releases a concert-overview podcast that offers insight into how listeners may approach given compositions, as well as audio or video clips from the BSO's archives and live interviews, when applicable. Currently, the BSO's podcast series has 98,000 subscribers, of which 76,500 are active. All audio and video podcasts are published through the BSO Media Center, which is available at www.bso.org and also via download as an iPhone or iPad app. Additionally, during FY12 the BSO's Classical Companion series (successor to the Online Conservatory), offering interactive exploration of select BSO programs, was visited 250,000 times. More than 7 million people have visited the Classical Companion or its predecessor since FY '04. 363422 0 500989 Merchandise Sales: The Boston Symphony operates retail shops at both Symphony Hall and Tanglewood. These shops sell recordings of the BSO and other featured performers, books, music, posters and clothing and other items that serve to promote and disseminate the name and music of the Boston Symphony, Boston Pops and Tanglewood. 1298281 0 1239496 65841037 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 442 0 1 1260 1 1 1 0 0 0 0 1 1 0 0 0 0 X 34 32 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MA NJ NY X Thomas D May 6172661492 301 Massachusetts Ave Boston MA 021154557 X William F Achtmeyer 2 X 0 0 0 George D Behrakis 2 X 0 0 0 Alan Bressler 2 X 0 0 0 Jan Brett 2 X 0 0 0 Samuel B Bruskin 2 X 0 0 0 Paul Buttenwieser 2 X 0 0 0 Eric D Collins 2 X 0 0 0 Diddy Cullinane 2 X 0 0 0 Cynthia Curme 2 X 0 0 0 Alan J Dworsky 2 X 0 0 0 William R Elfers 2 X 0 0 0 Nancy J Fitzpatrick 2 X 0 0 0 Michael Gordon 2 X 0 0 0 Brent L Henry 2 X 0 0 0 Charles H Jenkins Jr 2 X 0 0 0 Stephen Kay 2 X 0 0 0 Edmund Kelly 2 X 0 0 0 Joyce G Linde 2 X 0 0 0 John M Loder 2 X 0 0 0 Carmine A Martignetti 2 X 0 0 0 Robert J Mayer MD 2 X 0 0 0 Robert P O'Block 2 X 0 0 0 Vincent M O'Reilly 2 X 0 0 0 Susan W Paine 2 X 0 0 0 Carol Reich 2 X 0 0 0 Edward I Rudman 2 X 0 0 0 Arthur I Segel 2 X 0 0 0 Roger T Servison 2 X 0 0 0 Thomas G Stemberg 2 X 0 0 0 Theresa M Stone 2 X 0 0 0 Caroline Taylor 2 X 0 0 0 Stephen R Weber 2 X 0 0 0 Stephen R Weiner 2 X 0 0 0 Robert C Winters 2 X 0 0 0 Mark Volpe 40 X 560393 0 62545 Thomas D May 40 X 221400 0 70733 Suzanne Page 40 X 78137 0 18646 Kim Noltemy 40 X 191073 0 48859 Malcolm Lowe 40 X 415850 0 26556 John A Ferrillo Jr 40 X 271912 0 47254 Thomas C Rolfs Jr 40 X 244379 0 45817 Steven Ansell 40 X 235592 0 52829 Elizabeth Rowe 40 X 231726 0 18671 2450462 0 391910 127 0 1 0 Tisbury Tours Inc 360 Hamilton Avenue Ste 100 White Plains NY 10601 Services of James Taylor 1232971 Isole Inc 1032 Country Club Road Brevard NC 28712 Services of K. Lockhart 740729 Opus 3 Artists 470 Park Avenue 9th Floor New York NY 10016 Guest Artists 442500 Columbia Artists Management 1790 Broadway New York NY 10019 Comms and guest artists 267300 Creative Artists Agency 3310 West End Ave Nashville TN 37203 Guest artists 252500 20 0 0 2861920 0 178510 31636302 5375914 34676732 Concerts & tours 900099 34291660 34291660 0 0 Electronic media 900099 738507 738507 0 0 Education 900099 458329 458329 0 0 Program advertising 511190 752445 0 752445 0 Parking 900099 85267 0 0 85267 0 0 0 0 36326208 1413406 0 0 1413406 0 0 0 0 0 0 0 0 3764970 0 1205864 0 2559106 0 2559106 1409064 0 1150042 99964000 0 79344192 0 20619808 0 20619808 0 16393 20603415 1001510 2861920 1153835 -152325 0 -152325 1239113 738124 500989 122641 378348 0 Food and beverage 900099 1275480 0 0 1275480 0 0 0 0 1275480 97219404 37020201 1147186 24375285 1409013 1232137 176876 124434 124434 33704293 25473243 5239972 2991078 3932673 2885288 725683 321702 5335922 3228662 1393702 713558 2438112 1487567 658587 291958 75000 75000 151225 151225 135377 135377 32769 32769 1216400 1216400 12384314 11984829 395330 4155 3518432 3101316 168552 248564 2719701 1992397 232872 494432 1071338 236362 584483 250493 28837 28837 3106455 2372178 452764 281513 4949022 4364653 153366 431003 555642 51216 38882 465544 49612 47628 1984 4266564 3266820 616439 383305 162558 10250 152308 Concert production expenses 1504298 1501360 2843 95 2972767 2392597 580170 85844758 65841037 12334522 7669199 2668559 2017231 19434855 24912905 25170809 23719049 1309859 1657194 93889 85478 0 0 0 0 593886 508873 2060119 1804624 112958845 63485977 45665982 49472868 130793270 146917041 230644168 207997160 0 0 0 0 35084289 35108601 493519685 494201024 8598091 8564238 0 0 9723152 9450716 0 0 0 0 0 0 5500000 5500000 0 0 31532010 50156799 55353253 73671753 X 61300211 44234532 190354174 185157808 186512047 191136931 438166432 420529271 493519685 494201024 X 11374646 -29011807 X 0 1 1 X 0 X 26726120 50438949 28470125 24734705 34676732 165046631 0 0 0 0 0 0 0 0 0 0 0 0 26726120 50438949 28470125 24734705 34676732 165046631 26681627 138365004 4217872 3392700 3555358 2788795 2563448 16518173 190760 0 0 0 190760 0 0 0 0 0 181755564 189498765 0.76127 0.74359 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 32769 0 0 32769 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 The lobbying activities of the BSO address issues such as state funding and proposed legislation related to historic preservation, tourism, transportation, infrastructure, and education all in the context of the arts and not-for-profit organizations. A small allocation of the salary of one employee who engages in lobbying activities on the issues noted above is included in the amount reported. 387370000 8067000 7551000 0 23025000 0 379963000 354476000 5920000 49369000 0 22395000 0 387370000 329988000 7159000 32976000 0 15647000 0 354476000 398852000 13065000 -58188000 0 23741000 0 329988000 0.1262 0.4819 0.3919 1 0 0 6554782 6554782 0 69594523 37975494 31619029 0 0 0 0 0 31098142 21543536 9554606 0 5711398 3966947 1744451 49472868 Marketable Alternatives (equity LPs) 125804315 F Real Assets(gold,energy&commodities funds) 32572793 F Illiquid Equities(private equity LPs) 30697620 F Real Estate(real estate LPs) 11071144 F Investment in 263 HA Limited Partnership 7851288 F 207997160 Assets Held by Others 25049396 Assets of Split Interest Agreements 10059205 35108601 Accd Liab for Pension & Post-retiremnt 50156799 50156799 97219404 85844758 11374646 -11090971 0 0 0 -17920836 -29011807 -17637161 87303924 -11090971 0 0 1653767 -9437204 96741128 1216400 -738124 478276 97219404 85366482 0 0 0 738124 738124 84628358 1216400 0 1216400 85844758 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The purpose of the endowment is to provide enduring support for the mission of the Orchestra by releasing a substantial and reliable flow of funds to the operating budget. The income earned on the Orchestra's endowment assets may be used for general or donor-restricted purposes and is recorded in unrestricted net assets or temporarily restricted net assets, as appropriate. SchD_P06_S00_L01e Schedule D, Part VI, Line 1e Other includes land improvements and related depreciation and construction in progress. SchD_P07_S00_L03 Schedule D, Part VII, Line 3 The investment in 263 HA Limited Partnership is valued at net cost plus accumulated earnings reduced by distributions to the BSO. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The Orchestra accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The Orchestra has identified its tax status as a tax exempt entity and its determinations relative to income that is considered related and unrelated as its only significant tax positions; however, the Orchestra has determined that such tax positions do not result in an uncertainty requiring recognition. The Orchestra is not currently under examination by any taxing jurisdiction. Its Federal and state income tax returns are generally open for examination for the past three years following the date filed by the appropriate tax authorities. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Change in value of split interest agreements: $1,653,767 + Retirement plan related changes other than net periodic benefit costs: ($19,574,603) = Total adjustments to net assets: ($17,920,836) SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Change in value of split interest agreements. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Cost of goods sold. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Cost of goods sold Central America and the Caribbean Investments 26842000 0 0 26842000 1 0 1 1 0 0 Corporate Event 852764 692737 160027 0 0 0 61096 55187 70494 Opening Gala 1399742 1006222 393520 0 0 0 64507 84848 124856 5 1610924 1162961 447963 0 0 0 169211 92146 431490 3863430 2861920 1001510 0 0 0 294814 232181 626840 1153835 -152325 X X X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 Mark Volpe 433425 0 0 0 126968 0 33976 0 28569 0 622938 0 0 0 Thomas D May 219303 0 0 0 2097 0 41316 0 29417 0 292133 0 0 0 Kim Noltemy 190206 0 0 0 867 0 19579 0 29280 0 239932 0 0 0 Malcolm Lowe 363046 0 40000 0 12804 0 0 0 26556 0 442406 0 0 0 John A Ferrillo Jr 271912 0 0 0 0 0 22694 0 24560 0 319166 0 0 0 Thomas C Rolfs Jr 244379 0 0 0 0 0 19086 0 26731 0 290196 0 0 0 Steven Ansell 235592 0 0 0 0 0 24568 0 28261 0 288421 0 0 0 Elizabeth Rowe 231726 0 0 0 0 0 9551 0 9120 0 250397 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a 1) In connection with the business needs of the Boston Symphony Orchestra, (BSO), charter travel is used when transporting large numbers of personnel in connection with the orchestra's touring. As a general rule, the BSO does not provide first class travel for employees. 2) In rare instances, the Managing Director's spouse may travel with him for donor cultivation and fund-raising purposes. Events attended are related to the business purposes of the Boston Symphony. Such travel is entered into and substantiated in accordance with the spousal travel policy adopted by the BSO. 3) Housing for Mark Volpe, Managing Director, is provided during the summer for the convenience of the BSO in connection with the Orchestra's activities away from Boston at Tanglewood, and is not considered taxable. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 The compensation listed for Mark Volpe, Managing Director, for calendar year 2011 includes Base Compensation of $433,425. Other Reportable Compensation includes 1) taxable fringe in the amount of $12,337 mainly for life and disability insurance and for personal use of a vehicle provided by the BSO; 2) contributions of $16,500 made by Mr. Volpe into a 457(b) plan; and 3) a payment of $98,131, which represents the current year obligation related to a retirement compensation plan established for Mr. Volpe in fiscal 2007 in recognition of his 10 years of outstanding service to the BSO. The plan is designed to provide Mr. Volpe an annual retirement benefit at age 60 equal to approximately 40% of the average compensation earned during his last 5 years of employment. An irrevocable portion of this benefit is accrued and paid each year that he is employed. SchJ_P01_S00_L07 Schedule J, Part I, Line 7 One highly compensated employee is eligible for annual bonuses payable at management's discretion for the satisfactory fulfillment of certain responsibilities. Mark Volpe Mortgage X 200000 85478 0 1 1 85478 Joseph Hearne Spouse is trustee 100660 Employed as player 0 Tisbury Tours Inc Co.owned by spouse of trustee 1597000 Engaged to perform concerts 0 Liberty Mutual Group Chairman is trustee 136825 Purchased services from the BSO 0 SchL_P02_S00_L00 Schedule L, Part II On September 12, 1997, a thirty-year, $200,000 loan was made to the Managing Director, Mark Volpe. This loan, which is secured by a mortgage on his principal residence, is payable in biweekly installments of principal and interest. During 2003, the loan was refinanced and the term was changed to fifteen years. The interest rate was determined by using the IRS approved market rate in effect at the time of the inception and the refinancing of the loan. X 84 2907592 Fair Market Value X 1 1000013 Fair Market Value X Hospitality 6 15730 Fair Market Value X Printing 3 27581 Fair Market Value X Transportation 3 230048 Fair Market Value X Hotel Rooms 1 294535 Fair Market Value X Equipment 2 36509 Fair Market Value X Instruments 2 796100 Fair Market Value X Advertisements 1 15680 Fair Market Value X Miscellaneous 17 52126 Fair Market Value 2 0 1 0 SchM_P01_S00_L00 Schedule M, Part I Column B responses represent the number of contributions. SchM_P01_S00_L25 Schedule M, Part I, Lines 25-28 Instruments comprise a Guadagnini violin valued at $756,000, which is used in the performance of the BSO's concerts, and a piano valued at $40,100, which is also used by the BSO. F990_P01_S00_L06 Form 990, Part I, Line 6 Volunteers comprise the 680 members of the Boston Symphony Association of Volunteers (BSAV), who provide a variety of services both at Symphony Hall and Tanglewood. Also included as volunteers are the 315 members of the Tanglewood Festival Chorus (TFC), who donate their time and talent performing year-round with the Boston Symphony Orchestra and the Boston Pops Orchestra. Also included are 34 voting trustees and 216 non-voting members of the governing body. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Trustees Vincent M. O'Reilly and Stephen Kay serve on the Board of the Dana-Farber Cancer Institute. The Dana-Farber Cancer Institute employs another trustee, Dr. Robert J. Mayer, MD. F990_P06_S0A_L08b Form 990, Part VI, Section A, Line 8b In general, the Boston Symphony Orchestra (BSO) keeps minutes of all committees with authority to act on behalf of the boards. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by BSO management and reviewed by a paid preparer. The complete 990 is then reviewed by the Audit Committee of the Board of Trustees. The Audit Committee reviews each section and schedule of the 990, focusing on key changes and substantive disclosures. Subsequent to this review, a copy of the final draft 990, which is the version to be filed with the IRS, is placed in a password-protected website for all members of the Board of Trustees to review in advance of their next board meeting. All members of the Board of Trustees receive an email notifying them that the Form 990 is available for review on the site. The final 990 is signed by the Chief Financial Officer and the paid preparer. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The Boston Symphony Orchestra has a Conflict of Interest Policy that encompasses all employees and board members. The policy requires that Trustees, Officers, Overseers, Ex-Officio Board members, members of a committee with board-delegated powers, senior staff members or any person with substantial influence over the BSO to disclose the existence of any potential or actual conflicts of interest to the Board or to members of the Executive Committee. The Board or Executive Committee then discusses and votes in order to determine whether an actual conflict of interest exists. If a conflict exists, the Board or Executive Committee evaluates the particular transaction or arrangement to determine the most reasonable course of action. The individual who disclosed the conflict must leave the Board or Executive Committee meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. Additionally, the policy also requires any staff member that has information about a possible conflict, to report the matter promptly to their supervisor, the Director of Human Resources or to the Chief Financial Officer. The Director of Human Resources and the Chief Financial Officer will review the circumstances of the possible conflict with other appropriate management to make a determination about the most reasonable course of action. A breach of the conflict of interest policy is grounds for disciplinary action, up to and including termination. Additionally, on an annual basis, all Trustees, Officers, Overseers, Ex-Officio Board members, members of a committee with board-delegated powers, senior staff members or any person with substantial influence over the BSO is provided with a copy of the policy and must sign a statement affirming that they have received, read and understand the policy; they must also affirm that they agree to comply with the policy. As part of this Annual Notice of Policy, each individual is also required to disclose any potential or actual conflicts of interest in writing. All responses indicating a potential or actual conflict are subject to review by the Board or the Executive Committee as described above. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The BSO has a designated Compensation Committee, comprised of trustees of the BSO, which sets the process for determining and approving compensation for officers and key employees. The Compensation Committee's process includes: (a) development and consideration of comparability data to provide a basis for the Committee's decisions and (b) consideration of the (i) applicable accounting and disclosure rules, (ii) emerging trends in corporate governance, and (iii) standards and guidelines promulgated by the Division of Public Charities of the Massachusetts office of the Attorney General (collectively, the "Compensation Process"). Deliberations of the Compensation Committee in connection with the Compensation Process are contemporaneously documented. When evaluating officers and key employees, the Compensation Committee carefully considers the following factors: (i) duties and responsibilities, (ii) background and experience, (iii) dedication, commitment and work schedule, (iv) leadership, management and professional skills, (v) overall performance and standing, (vi) the BSO's salary scale of employees generally, and (vii) the BSO's annual budget. The Compensation Committee's most recent review of officer and key employee compensation occurred in 2012. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The Boston Symphony Orchestra's audited financial statements, conflict of interest policy and other governing documents are available upon request. F990_P07_S0A_L01b Form 990, Part VII, Section A, Line 1b Compensation reported is based on calendar 2011 amounts. F990_P07_S0B_L01C Form 990, Part VII, Section B, Line 1(C) The compensation listed for Opus 3 Artists includes fees for 13 guest artists. Compensation reported is based on calendar 2011 amounts. The compensation listed for Columbia Artists Management comprises commissions totaling $205,100 and fees for 4 guest artists of $62,200. The compensation listed for Creative Artists Agency comprises 5 deposits for guest artists. F990_P11_S00_L05 Form 990, Part XI, Line 5 Other changes in net assets or fund balances of ($29,011,807) comprise net unrealized losses on investments of ($11,090,971), change in value of split interest agreements of $1,653,767 and retirement plan related changes other than net periodic benefit costs of ($19,574,603). The Tent Club 301 Massachusetts Avenue Boston MA 02115 237255432 Social club MA 501(c)(7) BSO 1 263 HA Limited Partnership 301 Massachusetts Avenue Boston MA 02115 Real Estate MA 263 Realty Corporation Excluded 1209753 7805074 0 0 0.99 263 Realty Corporation 301 Massachusetts Avenue Boston MA 02115 Real Estate MA N/A C 9710 42905 1 0 0 0 0 0 0 1 0 0 1 0 0 1 1 0 0 0 1 263 HA Limited Partnership j 309141 Fair Market 263 HA Limited Partnership r 1137161 Actual partnership distribution SchR_P02_S00_L00 Schedule R, Part II The Tent Club was dissolved effective April 4, 2012 and a final tax return was filed.