2012-05-10T15:16:46-04:00 2011-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2010-07-01 136136259 THE CARNEGIE HALL SOCIETY INC CARN 2129039600 881 SEVENTH AVENUE NEW YORK NY 10019 THEODORE E PHILLIPS 2012-05-10 true 2127589700 2010 2016-02-24 21:20:13Z CLIVE GILLINSON 881 SEVENTH AVE NEW YORK NY 10019 73470173 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. 46 44 0 45 -84396 -162353 70324032 45834851 137 0 3361431 5294550 -544430 -918088 73141170 50211313 57445676 78730981 0 0 2940122 2801328 396946 353261 4005318 7432828 5168819 68215572 87054389 4925598 -36843076 369241137 371589583 110497142 110504830 258743995 261084753 TO COLLECT AND PROVIDE FUNDS FOR THE PERPETUATION, MAINTENANCE, AND USE OF CARNEGIE HALL'S ACTIVITIES IN MUSIC PERFORMANCE AND EDUCATION. false false 78730981 SUPPORT THE PRESENTATION OF CONCERTS AND PERFORMANCES BY CARNEGIE HALL CORPORATION, TO ENCOURAGE THE DEVELOPMENT OF TALENT IN MUSIC RELATED ARTS. 2721947 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. 973560 OTHER OPERATING AND SPECIAL PROJECTS 82426488 true true false true false false false false true false true false false true 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 0 true true false false false false true true false false false false X 46 44 true false false false true true false true true false false true true true true true true false CA CT FL MA NJ NM NY PA X THEODORE E PHILLIPS 2129039600 881 SEVENTH AVE NEW YORK NY 10019 SANFORD I WEILL 1.0 X X 0 0 0 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 X X 0 1026504 22036 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 BELLA LINDEN 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 0 0 0 JOSEPH J PLUMERI II 1.0 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 DR THOMAS P SCULCO 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 LAWRENCE A WEINBACH 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 RICHARD MATLAGA 1.0 X 0 341303 22036 0 1367807 44072 0 false true false 0 6414610 22121176 17299065 8739285 45834851 0 1801834 -84396 1886230 0 0 24851884 21359168 3492716 3492716 3492716 981604 6414610 1899692 -918088 -918088 0 0 0 50211313 -84396 4460858 78730981 78730981 0 0 0 0 0 2109894 2109894 0 691434 691434 0 0 0 0 180529 180529 353261 353261 622583 622583 146709 146709 6773 6773 312318 312318 20498 20498 0 0 35008 35008 0 0 2655671 2655671 0 0 0 CONCERT EXPENSES 430807 430807 PURCHASE OF CH TICKETS 267108 267108 HOUSE CHARGES - CHC 154394 154394 BOND FEES 66277 66277 ALLOCATED FEES 125004 125004 145140 121250 23890 87054389 82426488 622583 4005318 1304865 1135401 65936126 74779936 1929144 1885336 113894916 127917735 137219982 156941265 48956104 8929910 369241137 371589583 99000 99000 110000000 110000000 398142 405830 110497142 110504830 X 9966159 -88875367 70245293 170319199 178532543 179640921 258743995 261084753 369241137 371589583 X -36843076 39183834 X false true true X true true X 34936754 30883849 31817252 67886576 45834851 211359282 34936754 30883849 31817252 67886576 45834851 211359282 34494765 176864517 2614107 1520971 1100931 1095559 1801834 8133402 713297 396720 32409 1142426 220635110 17604709 0.80161 0.73031 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 180529 180529 180529 180529 8940800 85341422 9121329 85521951 606066 1000000 151517 250000 1000000 1000000 1000000 1000000 4000000 6000000 171649 188185 168191 180529 708554 250000 250000 250000 250000 1000000 1500000 0 0 0 231758477 1108378 40440703 12000000 261307558 212197447 2852047 28866983 12158000 231758477 274204933 3191015 -51615501 13583000 212197447 0.02010 0.68747 0.29243 false false ALTERNATIVE INVESTMENTS 60280320 F REAL ESTATE 6385294 F PRIVATE EQUITY 36698572 F FIXED INCOME 53577079 F 156941265 0 BOND INTEREST LIAB NET OF DISC 233865 ANNUITY PAYABLE 171965 405830 50211313 87054389 -36843076 38476492 40855773 79332265 42489189 127545356 38476492 37580442 76056934 51488422 622583 -1899692 -1277109 50211313 85056167 77355342 77355342 7700825 622583 78730981 79353564 87054389 RECONCILIATION OF CHANGE IN NET ASSETS - OTHER SCHEDULE D, PART XI, LINE 8 THE AUDITED FINANCIAL STATEMENTS OF THE CARNEGIE HALL SOCIETY ARE CONSOLIDATED WITH ITS AFFILIATE, THE CARNEGIE HALL CORPORATION. THE RECONCILIATION OF THE CHANGE IN NET ASSETS FROM FORM 990 TO AUDITED FINANCIAL STATEMENTS IS TO THE CONSOLIDATED CHANGE IN NET ASSETS OF $42,489,189. AFFILIATE'S REVENUE : $ 105,701,222 AFFILIATE'S EXPENSES : (64,211,007) INTERCOMPANY EXPENSES ELIMINATED : 748,510 LOSS ON DISPOSAL OF FIXED ASSET : (1,579,434) ACTUARIAL GAIN ON PENSION PLAN : 196,482 ------------- TOTAL OTHER LINE 8 = $ 40,855,773 OTHER REVENUE INCLUDED ON AUDITED FINANCIAL STATEMENTS BUT NOT ON FORM 990 SCHEDULE D, PART XII, LINE 2D AFFILIATE'S REVENUE : $ 105,701,222 AFFILIATE'S EXPENSES RECLASSED IN REVENUE : 9,589,655 INTERCOMPANY GRANT ELIMINATED : (78,730,981) AFFILIATE'S DONATED SERVICES : 1,020,546 ------------- TOTAL OTHER LINE 2D = $ 37,580,442 OTHER REVENUE INCLUDED ON FORM 990 BUT NOT ON AUDITED FINANCIAL STATEMENTS SCHEDULE D, PART XII, LINE 4B FUNDRAISING EXPENSES (1,899,692) ------------- TOTAL OTHER LINE 4B = $ (1,899,692) OTHER EXPENSES INCLUDED ON AUDITED FINANCIAL STATEMENTS BUT NOT FORM 990 SCHEDULE D, PART XIII, LINE 2D AFFILIATE'S EXPENSES : $ 64,211,007 AFFILIATE'S EXPENSES RECLASSED TO REVENUE : 9,589,655 AFFILIATE'S DONATED SERVICES : 1,020,546 INTERCOMPANY EXPENSE ELIMINATED : (748,510) LOSS ON DISPOSAL OF FIXED ASSET : 1,579,434 ACTUARIAL GAIN ON PENSION PLAN : (196,482) FUNDRAISING EXPENSES : 1,899,692 ------------ TOTAL OTHER LINE 2D = $ 77,355,342 OTHER EXPENSES INCLUDED ON FORM 990 BUT NOT ON AUDITED FINANCIAL STATEMENT SCHEDULE D, PART XIII, LINE 4B INTERCOMPANY GRANT ELIMINATED : 78,730,981 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 0 0 Investments 102308481 0 0 0 0 102308481 102308481 true false true true true false X X X X X X X true SDA TELESERVICES INC TELEFUNDRAI 5757 WEST CENTURY BLVD SUITE 300 LOS ANGELES CA 90045 TELEFUND false 1226746 353261 873485 1226746 353261 873485 CA CT FL MA NJ NM NY PA OPENING NIGHT 2857337 2358186 499151 313082 12227 331151 JAMES TAYLOR 2920127 2541591 378536 10645 379367 5521 221197 2 1618750 1514833 103917 2975 173655 17571 432301 7396214 6414610 981604 13620 866104 35319 984649 1899692 -918088 false THE CARNEGIE HALL CORPORATION 881 SEVENTH AVENUE NEW YORK NY 10019 131923626 501(c)(3) 78730981 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 CARNEGIE HALL CORPORATION, A CLOSELY AFFILIATED ORGANIZATION. ACCORDINGLY, GRANT OVERSIGHT PROCEDURES ARE NOT NEEDED. X X true true false true false false false false false false false CLIVE GILLINSON 0 804516 0 0 0 221988 0 0 0 24609 0 1051113 0 0 RICHARD MATLAGA 0 337321 0 0 0 3982 0 0 0 25614 0 366917 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. 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. RICHARD MATLAGA PARTICIPATES IN A RELATED ORGANIZATION'S SECTION 457(F) PLAN. DURING THE CURRENT YEAR, NO 457(F) DEFERRALS WERE MADE. THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY 911882413 649717QJ7 2009-12-03 109769382 BUILDING RENOVATION PROJECT false false false 109769382 1659202 true false true true false false false false false true false false false false false 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. GOLDMAN SACHS - SEE PART V SEE PART V 658348 FIXED INCOME FUND 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. GOLDMAN SACHS - EDWARD C FORST, TRUSTEE OF THE CARNEGIE HALL SOCIETY, SERVED ON GOLDMAN SACHS' MANAGEMENT COMMITTEE. CARNEGIE HALL SOCIETY OWNED AN INTEREST IN A GOLDMAN SACHS INVESTMENT FUND. THE TRANSACTION AMOUNT REPORTED IN COLUMN (C) REFLECTS THE TOTAL NET PROFIT/LOSS REPORTED IN GOLDMAN SACHS INVESTMENT PARTNERS OFFSHORE, LP'S MONTHLY STATEMENTS FOR THE JUNE 30, 2011 FISCAL YEAR. X 43 8677206 FMV X GIFTCARDS 200 10000 FMV X COUGHDROPS 707000 30401 FMV X WRIST WATCHES 50 12500 FMV X CASES OF WINE 17 9178 FMV 0 false false false RELATIONSHIPS FORM 990, PART VI, SECTION A, LINE 2 SANFORD I. WEILL AND AUDRA MCDONALD HAVE A BUSINESS RELATIONSHIP. 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 11B 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 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 5 UNREALIZED GAINS : $ 38,435,324 INTERCOMPANY EXPENSE ELIMINATED : 748,510 ---------- TOTAL OTHER LINE 5 : 39,183,834 AVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATION FORM 990, PART VII, LINE 1, COLUMN (B) CLIVE GILLINSON - 60 HOURS PER WEEK TO THE CARNEGIE HALL CORPORATION RICHARD MATLAGA - 60 HOURS PER WEEK TO THE CARNEGIE HALL CORPORATION THE CARNEGIE HALL CORPORATION 881 SEVENTH AVENUE NEW YORK NY 10019 131923626 PERFORM. ARTS NY 501(c)(3) 7 NA false true false false false false false false false false false false true true false false true false THE CARNEGIE HALL CORPORATION b 78730981 THE CARNEGIE HALL CORPORATION q 748510 THE CARNEGIE HALL CORPORATIO 881 SEVENTH AVENUE NEW YORK NY 10019 131923626 0 0 0 76400622 76400622 1000000 250000 0 0 0 THE CARNEGIE HALL SOCIETY 881 SEVENTH AVENUE NEW YORK NY 10019 136136259 X 0 180529 180529 8940800 9121329 606066 151517 0 0 0