2012-07-13T08:46:34-05:00 2011-08-31 GLASERDUNCAN CPAS 1040 ANNA KNAPP BLVD MOUNT PLEASANT SC 29464 990 2010-09-01 570660848 SPOLETO FESTIVAL USA INC SPOL 8437222764 14 GEORGE STREET CHARLESTON SC 29401 TASHA GANDY 8437222764 2012-07-13 1 ERIK M GLASER CPA 8438490655 2010 2016-02-24 21:20:13Z NIGEL REDDEN 14 GEORGE STREET CHARLESTON SC 29401 7902400 0 X WWW.SPOLETOUSA.ORG X 1977 SC TO CREATE A COMPREHENSIVE AND INNOVATIVE ARTS FESTIVAL IN CHARLESTON, SOUTH CAROLINA, PRODUCING AND PRESENTING EVENTS FEATURING AN INTERNATIONAL MIX OF DISTINGUISHED ARTISTS AND EMERGING TALENT. 50 50 346 385 89856 -55159 4529705 2958354 3066356 3033132 107436 414459 287833 245645 7991330 6651590 0 0 0 0 2323419 2421975 0 0 527659 5023160 5090812 7346579 7512787 644751 -861197 14418932 13814334 2293372 2558873 12125560 11255461 TO CREATE A COMPREHENSIVE AND INNOVATIVE ARTS FESTIVAL IN CHARLESTON, SOUTH CAROLINA, PRODUCING AND PRESENTING EVENTS FEATURING AN INTERNATIONAL MIX OF DISTINGUISHED ARTISTS AND EMERGING TALENT. 0 0 5915589 3033132 FOR 17 DAYS AND NIGHTS EACH SPRING, SPOLETO FESTIVAL USA FILLS CHALESTON, SOUTH CAROLIN'S HISTORIC THREATERS, CHURCHES AND OUTDOOR SPACES WITH MORE THAN 140 PERFORMANCES BY RENOWNED ARTISTS AS WELL AS EMERGING PERFORMERS IN OPERA, THEATER, DANCE, CHAMBER MUSIC, SYMPHONIC MUSIC, CHORAL AND JAZZ MUSIC. 5915589 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 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 0 0 0 0 1 136 0 346 1 1 1 0 0 0 0 1 1 0 0 0 0 X 50 50 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X TASHA GANDY 8437222764 14 GEORGE STREET CHARLESTON SC 29401 MARTHA RIVERS INGRAM 2.00 X 0 0 0 CARLOS E EVANS 2.00 X 0 0 0 JENNIE L DESCHERER 1.00 X 0 0 0 LOU RENA HAMMOND 1.00 X 0 0 0 PAUL L KING 1.00 X 0 0 0 MARIE LAND 1.00 X 0 0 0 JOHN M PALMS 1.00 X 0 0 0 W LUCAS SIMONS 1.00 X 0 0 0 JOEL A SMITH III 1.00 X 0 0 0 LOREN R ZIFF 1.00 X 0 0 0 HENRY B SMYTHE JR 1.00 X 0 0 0 M EDWARD SELLERS 1.00 X 0 0 0 JOHN B HAGERTY 1.00 X 0 0 0 RONALD D ABRAMSON 0.30 X 0 0 0 VALERIE B BARNET 0.30 X 0 0 0 DENISE BARTO 0.30 X 0 0 0 DONALD H BERNSTEIN 0.30 X 0 0 0 AMY BLUMENTHAL 0.30 X 0 0 0 JAMES W BRADSHAW 0.30 X 0 0 0 LOREN D CARLSON 0.30 X 0 0 0 JOHN S CHALSTY 0.30 X 0 0 0 JOAN S COKER 0.30 X 0 0 0 LEONARD S COLEMAN JR 0.30 X 0 0 0 CHRISEL DEHAAN 0.30 X 0 0 0 JOHN M DUNNAN 0.30 X 0 0 0 BITSEY FOLGER 0.30 X 0 0 0 SUSAN T FRIBERG 0.30 X 0 0 0 ANN CURRY HICKS 0.30 X 0 0 0 OZEY K HORTON JR 0.30 X 0 0 0 SUSAN PHIFER JOHNSON 0.30 X 0 0 0 BARRY I KALINSKY 0.30 X 0 0 0 GEORGE KHOURY 0.30 X 0 0 0 MICHAEL S KOGAN 0.30 X 0 0 0 CHRISTOPHER LATHAM 0.30 X 0 0 0 MEMRIE LEWIS 0.30 X 0 0 0 MARY MARGARET MCLERNON 0.30 X 0 0 0 WILLIAM G MEDICH 0.30 X 0 0 0 STEPHEN G MORRISON 0.30 X 0 0 0 THOMAS A NIPPER 0.30 X 0 0 0 MARIAN M NISBET 0.30 X 0 0 0 JULIE OSTROVER 0.30 X 0 0 0 DAVID RAWLE 0.30 X 0 0 0 AUBREY SARVIS 0.30 X 0 0 0 RITA SCOTT 0.30 X 0 0 0 WALTER G SEINSHEIMER 0.30 X 0 0 0 CHARLOTTE SLOAN 0.30 X 0 0 0 ELIZABETH H SULLIVAN 0.30 X 0 0 0 CYNTHIA B THOMPSON 0.30 X 0 0 0 HELLENA HUNTLEY TIDWELL 0.30 X 0 0 0 JENNIFER M WHITTLE 0.30 X 0 0 0 NIGEL REDDEN 40.00 X 246647 0 22000 TASHA GANDY 40.00 X 103607 0 14467 NUNALLY KERSH 40.00 X 115667 0 16500 465921 0 52967 3 0 1 0 COLLEGE OF CHARLESTON 66 GEORGE ST CHARLESTON SC 29424 TEMPORARY HOUSING 270544 DAVID EDEN PRODUCTIONS LTD 155 HENRY ST BROOKLYN NY 112012537 ARTS PRODUCTION 237000 DOVETAIL PRODUCTIONS 22 W 15TH ST 9H NEW YORK NY 10011 ARTS PRODUCTION 157924 SYNTONIC DESIGN GROUP LLC 1470 ROUTE 199 MILLAN NY 12571 CONSULTING 131901 TECHNICAL THEATRE SOLUTIONS LLC PO BOX 21420 CHARLESTON SC 29413 ARTS PRODUCTION 128974 5 85236 296759 2576359 47606 2958354 ADMISSION SALES 711300 2918261 2918261 BOX OFFICE HANDLING FE 711300 114871 114871 3033132 142238 142238 104779 21150 104779 21150 125929 21150 104779 1283307 1011086 272221 272221 272221 266767 85236 214506 52261 52261 7312 25218 -17906 -17906 ADVERTISING 541800 68706 68706 PARKING REVENUE 711300 8485 8485 OTHER REVENUE 711300 8170 8170 85361 6651590 3287447 89856 315933 370993 118649 152235 100109 1703088 1193204 199069 310815 13677 11293 2384 132535 27200 70943 34392 201682 126207 54161 21314 22664 22664 144814 144814 50540 45866 4674 304429 188223 106333 9873 260861 110351 150510 866804 827543 37299 1962 7714 7714 77622 53915 23707 501454 393240 72159 36055 189062 49640 137231 2191 ADVERTISING EXP-UBIT 145015 145015 PERFORMANCE FEES 1695782 1685672 10110 SETS, COSTUMES, PROPS 412399 412399 PRODUCTION 244537 244537 INSTRUMENT/EQUIP RENTAL 96736 96736 70379 41085 28444 850 7512787 5915589 1069539 527659 129260 97821 52257 118648 1657592 1151574 57214 26422 24867 4000 116529 35099 11599942 3031318 7170972 8568624 3446658 3812146 1763583 0 14418932 13814334 94917 115235 12622 12805 2185833 2430833 2293372 2558873 X 8074288 7372643 482091 303226 3569181 3579592 12125560 11255461 14418932 13814334 X -861197 -8902 X 0 1 1 X 0 X 6921118 5410098 4058429 4529705 3036704 23956054 3293429 3137523 2430604 3108853 3015226 14985635 200000 200000 200000 200000 200000 1000000 10414547 8747621 6689033 7838558 6251930 39941689 632775 1655944 1405342 1703745 701802 6099608 1387669 722404 530147 484556 3124776 632775 3043613 2127746 2233892 1186358 9224384 30717305 323807 208855 206816 252159 540388 1532025 323807 208855 206816 252159 540388 1532025 288040 46159 25992 18522 16655 395368 11026394 9002635 6921841 8109239 6808973 41869082 0.73370 0.70510 0.03660 0.03000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3430991 10411 405525 170000 3676927 3246479 30681 296831 143000 3430991 3900820 886 -470227 185000 3246479 1.00000 0 0 4118093 1143760 2974333 6570050 1090662 5479388 744050 698302 45748 167749 98594 69155 8568624 LONG TERM NOTES PAYABLE 1325833 NOTES PAYABLE - LINE OF CREDIT 1105000 2430833 6651590 7512787 -861197 -8902 -8902 -870099 6746224 -8902 78350 69448 6676776 -25186 -25186 6651590 7616323 78350 25186 103536 7512787 0 7512787 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FESTIVAL'S ENDOWMENTS CONSIST OF FUNDS ESTABLISHED FOR VARIOUS PURPOSES, SUCH AS FOR ARTISTIC PROGRAMMING AND FOR AN APPRENTICESHIP PROGRAM. THE ENDOWMENTS INCLUDE ONLY DONOR-RESTRICTED ENDOWMENT FUNDS. FETE 103760 103760 64991 AUCTION 155247 155247 40883 3 92996 85236 7760 108632 352003 85236 266767 214506 214506 52261 X X X 0 0 0 0 0 0 0 0 0 NIGEL REDDEN 246647 0 0 0 0 0 22000 0 0 0 268647 0 0 0 X 12 47606 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 EACH BOARD MEMBER HAD THE OPPORTUNITY TO REVIEW AND COMMENT ON THE ORGANIZATION'S FORM 990 BY POSTING ON A SECURE WEB SITE. ACCESS INFORMATION WAS PROVIDED TO THE FULL BOARD VIA EMAIL AND THEY WERE GIVEN SEVEN DAYS IN WHICH TO COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE IS MONITORED WITH AN ANNUAL QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 SALARY ADJUSTMENTS AND BONUSES ARE SUBJECT TO APPROVAL BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAULABLE AT THE FESTIVAL'S MAIN OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -8,902. FESTIVAL FOUNDATION INC 14 GEORGE ST CHARLESTON SC 29401 131863337 FESTIVAL SC 501(C)(3) LINE 9 SPOLETO FESTIVAL USA INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0