2012-05-11T07:35:04-05:00 2011-06-30 JOHN T CHIPMAN & COMPANY LLP 955 WASHINGTON STREET NORWOOD MA 02062 990 2010-07-01 042678312 BOSTON PHILHARMONIC ORCHESTRA CORPORATION BOST 6172360999 295 HUNTINGTON AVENUE NO 210 BOSTON MA 02115 PAUL RICCHI 9786241178 2012-04-26 1 LISA M ZWICKER CPA 7817626272 2012-04-26 2010 2016-02-24 21:20:13Z PAUL RICCHI ONE POST OFFICE SQUARE SUITE 3710 BOSTON MA 02109 1156196 0 X WWW.BOSTONPHIL.ORG X 1978 MA PROVIDE OPPORTUNITIES FOR AN EVOLVING COMMUNITY OF AMATEUR, STUDENT AND PROFESSIONAL PLAYERS TO PERFORM TOGETHER, TO PRESENT CHALLENGING CLASSICAL REPERTOIRES AND TO ENHANCE THE PUBLIC'S AWARENESS AND UNDERSTANDING OF MUSIC. 18 18 8 25 0 0 662952 674429 495624 469358 4494 4247 -51803 1705 1111267 1149739 10000 10000 0 0 262813 315973 16500 0 14084 833653 895251 1122966 1221224 -11699 -71485 412281 426308 264920 323035 147361 103273 PROVIDE OPPORTUNITIES FOR AN EVOLVING COMMUNITY OF AMATEUR, STUDENT AND PROFESSIONAL PLAYERS TO PERFORM TOGETHER, TO PRESENT CHALLENGING CLASSICAL REPERTOIRES AND TO ENHANCE THE PUBLIC'S AWARENESS AND UNDERSTANDING OF MUSIC. 0 0 1066549 10000 475310 PROVIDE OPPORTUNITIES FOR AN EVOLVING COMMUNITY OF AMATEUR, STUDENT AND PROFESSIONAL PLAYERS TO PERFORM TOGETHER, TO PRESENT CHALLENGING CLASSICAL REPERTOIRES AND TO ENHANCE THE PUBLIC'S AWARENESS AND UNDERSTANDING OF MUSIC. THROUGH ITS RECORDINGS, PRE-CONCERT LECTURES AND AFFORDABLE CONCERT TICKETS, THE ORCHESTRA ACTIVELY SEEKS TO REDUCE BOUNDARIES BETWEEN AUDIENCES AND THE MUSIC ITSELF.THE ORCHESTRA PRESENTED FOUR (4) CONCERT SERIES THROUGHOUT THE YEAR IN JORDAN HALL AND SANDERS THEATRE IN THE GREATER BOSTON AREA. 1066549 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 167 0 1 8 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 MA X MARK CANTRELL 6172360999 295 HUNTINGTON AVENUE SUITE 210 BOSTON MA 02115 DIANE HESSAN 10.00 X X 0 0 0 ERIK BARCA 6.00 X X 0 0 0 PETER C LANDO 1.00 X X 0 0 0 ARMENNE DERDERIAN 2.00 X 0 0 0 CHARLES DORNBUSH 5.00 X 0 0 0 ERIK M GREGORY 5.00 X 0 0 0 TUAN HA-NGOC 5.00 X 0 0 0 ERIN MCCORMICK 1.00 X 0 0 0 EDWARD MELTZER 1.00 X 0 0 0 PAUL KOWAL 0.50 X 0 0 0 MARGARET MOORE 5.00 X 0 0 0 PAUL RICCHI 2.00 X 0 0 0 PETER SHECKMAN 1.00 X 0 0 0 TIMOTHY TAYLOR 5.00 X 0 0 0 ROBERT STRINGER 5.00 X 0 0 0 RICHARD J TRANT 5.00 X 0 0 0 DANIEL WEIL 3.00 X 0 0 0 DONALD PECK 0.50 X 0 0 0 JACK DOLMAT-CONNELL 5.00 X 0 0 0 KATHLEEN SHEPHERD 0.50 X 0 0 0 FRANK TEMPESTA 5.00 X 0 0 0 MARK CANTRELL 40.00 X 54914 0 0 54914 0 0 0 0 0 0 0 9100 665329 1817 674429 CONCERT TICKET INCOME 711130 460880 460880 PROGRAM AD SALES 900099 8478 8478 469358 4247 4247 8162 6457 1705 1705 1149739 475310 0 0 10000 10000 74901 37450 35578 1873 169303 145591 21543 2169 52936 41536 10502 898 18833 14154 4370 309 24916 24916 21534 9605 11929 79168 79168 8183 6819 1364 37487 31239 6248 5871 4652 1133 86 11755 2263 9492 2379 1982 397 4847 3648 1199 MUSICIANS AND SOLOISTS 429399 429399 PRINTING AND PUBLICATIO 66492 54827 3966 7699 CONCERT HALL RENTALS 54430 54430 BOX OFFICE EXPENSES 41452 41452 CONCERT MANAGEMENT 28702 28702 78636 69632 7954 1050 1221224 1066549 140591 14084 114473 30988 4633 6810 50018 98276 242 0 36631 36631 8869 6158 41471 57818 34286 25537 2129 8749 153815 180878 412281 426308 23534 60271 208102 229480 33284 33284 264920 323035 X -5153 -73435 137514 161708 15000 15000 147361 103273 412281 426308 X -71485 27397 X 0 1 1 X 0 X 615329 577077 684800 662952 674429 3214587 615329 577077 684800 662952 674429 3214587 1045329 2169258 8336 8524 5835 4491 4247 31433 3246020 3063671 0.66830 0.68070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 153815 27062 180877 138817 14998 153815 166042 -27225 138817 0.08290 0.91710 0 0 34286 25537 8749 8749 1149739 1221224 -71485 27397 27397 -44088 1231593 27397 48000 6457 81854 1149739 0 1149739 1275681 48000 6457 54457 1221224 0 1221224 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORCHESTRA'S ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR THE ONGOING SUPPORT OF THE ORCHESTRA AS WELL AS SPECIFIC PURPOSES, SUCH AS THE BENJAMIN ZANDER CONDUCTING FELLOWSHIP AWARD AND THE REGINA B. LAPPIN VIOLA FUND. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: PART X, LINE 2: THE ORCHESTRA IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS AN ENTITY OTHER THAN A PRIVATE FOUNDATION. THE ORCHESTRA IS SUBJECT TO A TAX ON INCOME FROM ANY UNRELATED BUSINESS ACTIVITIES. HOWEVER, THE ORCHESTRA HAS DETERMINED THE ORGANIZATION IS NOT ENGAGED IN ANY UNRELATED BUSINESS ACTIVITIES AND, THEREFORE; NO PROVISION FOR INCOME TAXES HAS BEEN MADE. THE ORCHESTRA HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORCHESTRA HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND STATE JURISDICTION WHERE IT OPERATES. THE ORCHESTRA BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ORCHESTRAS FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. THE ORCHESTRA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE NO CURRENT AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORCHESTRA BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO THE FISCAL YEAR ENDED JUNE 30, 2008 PART XII, LINE 2D - OTHER ADJUSTMENTS: AMOUNTS PAID FOR INVENTORY PURCHASES CLASSIFIED AS EXPENSE AND LOSSES ON FINANCIAL STATEMENTS BUT NETTED AGAINST REVENUES FOR TAX RETURN PURPOSES. PART XIII, LINE 2D - OTHER ADJUSTMENTS: AMOUNTS PAID FOR INVENTORY PURCHASES CLASSIFIED AS EXPENSE AND LOSSES ON FINANCIAL STATEMENTS BUT NETTED AGAINST REVENUES FOR TAX RETURN PURPOSES. 1 0 0 BENJAMIN ZANDER CONDUCTING FELLOWSHIP 1 10000 0 FMV PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE BOARD APPROVES THE PAYMENT OF THE GRANT TO THE RECIPIENT. THE RECIPIENT OF THE GRANT IS REQUIRED TO SUBMIT A MID-YEAR REPORT TO THE BOARD DESCRIBING HIS OR HER EXPERIENCES TO DATE AS THE ZANDER FELLOW PRIOR TO PAYMENT OF THE SECOND INSTALLMENT. THE RECIPIENT OF THE FELLOWSHIP MAY USE THE PROCEEDS FOR WHATEVER PURPOSES HE OR SHE DEEMS FIT AS DESCRIBED IN HIS OR HER APPLICATION FOR THE FELLOWSHIP. PROVIDED THE FELLOW IS UNABLE TO SERVE THE FULL DURATION OF THE FELLOWSHIP, UNPAID FELLOWSHIP MONIES REVERT BACK TO THE FELLOWSHIP FUND. THE FELLOW IS REQUIRED TO SIGN AN AGREEMENT STIPULATING THE ABOVE. BENJAMIN ZANDER MUSIC DIRECTOR FINANCE FUTURE RECORDING PROJECTS X 20000 12000 0 1 1 BENJAMIN ZANDER MUSIC DIRECTOR FINANCE FUTURE RECORDING PROJECTS X 38000 16784 0 1 1 BENJAMIN ZANDER MUSIC DIRECTOR FINANCE FUTURE RECORDING PROJECTS X 4500 4500 0 1 1 33284 FORM 990, PART VI, SECTION B, LINE 11 THE TAX RETURN IS REVIEWED AND VOTED UPON BY THE BOARD OF DIRECTORS PRIOR TO SIGNATURE AND FILING. FORM 990, PART VI, SECTION B, LINE 12C BOSTON PHILHARMONIC ORCHESTRA CORPORATION HAS A POLICY OF NOT ENGAGING IN ANY BUSINESS TRANSACTION OF ANY TYPE THAT MAY DIRECTLY OR INDIRECTLY BENEFIT THE BOARD. POTENTIAL CONFLICTS ARE MONITORED BASED UPON REVIEW WITH THE BOARD AND EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE ORCHESTRA'S EXECUTIVE DIRECTOR AND KEY EMPLOYEE (IF ANY) SALARIES ARE REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND SO NOTED IN THE MINUTES. THE FINANCE COMMITTEE UTILIZES COMPARABLE DATA AVAILABLE TO THEM FROM SIMILAR SIZED NOT FOR PROFIT ORGANIZATIONS AS WELL AS THE SPECIFIC REQUIREMENTS OF THE ORCHESTRA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 27,397.