2012-06-01T11:06:28-07:00 2011-08-31 990 2010-09-01 042103550 BOSTON SYMPHONY ORCHESTRA INC BOST 6172661492 301 Massachusetts Avenue Boston MA 02115 Thomas D May 6172661492 2012-06-06 2010 2016-02-24 21:20:13Z Mark Volpe 301 Massachusetts Avenue Boston MA 02115 157321051 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 at 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. The concerts also include fourteen Boston Symphony Youth and Family Concerts, the core component of the orchestra's K-12 educational programs serving over 28,000 children annually. Tanglewood also houses the Tanglewood Music Center, an in-depth musical experience for emerging professional musicians of exceptional ability. 36 34 1395 996 651033 -70178 28470125 24734705 35288254 34664126 4828187 17297776 4790784 3963032 73377350 80659639 0 0 0 0 45574771 45676892 0 0 7730930 38166970 37905313 83741741 83582205 -10364391 -2922566 458330094 493519685 61906486 55353253 396423608 438166432 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 at 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. The concerts also include fourteen Boston Symphony Youth and Family Concerts, the core component of the orchestra's K-12 educational programs serving over 28,000 children annually. Tanglewood also houses the Tanglewood Music Center, an in-depth musical experience for emerging professional musicians of exceptional ability. 0 0 57003790 0 33732878 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 33 concerts 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 14 Youth and Family Concerts, including a new 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 seventy 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 2010-11 subscription season marked the orchestra's 130th year. The 2010-11 season featured some of the most ambitious, seminal pieces within the classical repertoire, including an all-Wagner program on opening night (October 2, 2010) featuring a rare US appearance by renowned bass-baritone Bryn Terfel, the inaugural concerts of a complete John Harbison symphony cycle, the 40th anniversary celebration of the Tanglewood Festival Chorus which, joined the BSO for Mahler's Resurrection, Stravinksy's Oedipus Rex, music from Falla's Atlantida, Bach's St. John Passion, and the launch of the BSO's new "UnderScore Fridays" series, a new concert format, offering an earlier start time, a slightly shorter program, and the opportunity for concert-goers to hear the conductor speak directly from the podium about each program during the performance. The BSO took highlights of the BSO's 2010-2011 Symphony Hall season on a tour of the east coast in March, 2011, performing at Carnegie Hall, the New Jersey Performing Arts Center, and at the Kennedy Center in Washington, DC. Several distinguished guest conductors appeared with the orchestra during the 2010-11 season, including Rafael Frühbeck de Burgos, Kurt Masur, Sir Mark Elder, Lorin Maazel, and Christoph von Dohnanyi; guest soloists included pianists Nelson Freire and Peter Serkin and violinist Joshua Bell. Throughout its history, the BSO has enabled the creation of hundreds of works, many of which have become landmarks in orchestral repertoire. The BSO has commissioned and presented more than 400 U.S. and world premieres, including major works by Sergei Prokofiev, Igor Stravinsky, Samuel Barber, Bela Bartok, 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, Bartok'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 2010-11 BSO season in Symphony Hall, the orchestra presented the American premiere of Unsuk Chin's Cello Concerto as well as the world premiere of a Harrison Birtwistle's Violin Concerto (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 420,000 in attendance in Boston. 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 outreach activities in the community. 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. 4909277 0 496308 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) K-12 in-school and summer education programs that address the need for integrated, high-quality arts education in the public schools, as required by the Massachusetts Education Reform Act of 1993. 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 2011, 148 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 34 states (including the District of Columbia) and 14 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 2011 by composer Charles Wuorinen. A centerpiece of the 2011 Festival of Contemporary Music was the world-premiere of Mr. Wuorinen's new cantata It Happens Like This, which featured the talented young vocalists and instrumentalists of the Tanglewood Music Center. The K-12 education programs of the BSO not only provide access to the arts for underserved students and families, they also address the need for integrated high-quality arts exposure and education in the public schools as required by the Massachusetts Education Reform Act of 1993. These initiatives currently serve more than 28,000 students and hundreds of teachers statewide, and are developed in conformity with the National Standards for Arts Education and the Massachusetts Arts Curriculum Framework. The BSO continues to adapt its existing programs and develop new ones that support education reform in Massachusetts. One of the BSO Education Department's primary goals is to ensure that the arts remain a central part of the curriculum in the public schools. This effort has become even more critical as programs in the arts have been decimated by deep cuts to the state's education budget. The BSO offered a total of 14 Youth and Family Concerts in the 2010-11 season during a week of concerts in February 2011. The performances were attended by more than 19,000 students from schools across Massachusetts. Another education highlight is the BSO's Education Resource Center housed at the Boston Arts Academy (BAA). The Center supplements and reinforces the music education initiatives in Massachusetts public schools by offering a media/technology center, a planning facility, curriculum frameworks, and professional and development seminars for teachers and administrators. During the year, more than 700 teachers from the greater Boston area utilized the Center. In addition, the Center serves as the library for the Boston Arts Academy and Fenway High School, serving approximately 75 teachers and 700 students. In recognition of the outstanding quality of the project, the American Association of School Librarians (AASL) designated the Education Resource Center, along with the library of the BAA, as the 2004 National School Library Media Program of the Year. 957281 0 822877 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 approximately two dozen BSO concerts 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 a Labor Day jazz festival. 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 FY11, in accordance with the Boston Symphony Orchestra's master plan for facilities, the BSO began the first phase of extensive exterior restoration work on Symphony Hall in Boston as well as the first phase of a major sewer system installation at Tanglewood. 542461 434940 Electronic Media: During FY '11, the BSO was featured in live local broadcasts of weekly Symphony Hall and Tanglewood Concerts on 99.5 Classical New England (formerly WCRB, now a subsidiary of public radio station WGBH). The BSO's website (www.bso.org) continued to prove its value as one of the orchestra's most vital business assets, receiving more than 7 million visits in FY'11, 15 percent of which were international. This generated more than 48 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 outreach 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 118,000 subscribers, of which 112,000 (95 percent) are active. Additionally, the BSO's Classical Companion series (successor to the Online Conservatory) and video podcasts offer interactive exploration of select BSO programs through the BSO Media Center, which is available at www.bso.org and also via download as an iPhone or iPad app. More than 1.5 million people visited the Classical Companion during FY '11; more than 7 million people have visited the Classical Companion or its predecessor since FY '04. 416507 454770 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. 958968 0 889710 63829316 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 0 1 1 0 0 0 1 1 1 0 0 1 469 0 1 1395 1 1 1 0 0 0 0 1 1 1 1 0 0 0 X 36 34 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 1 1 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 Nathan R Miller 2 X 0 0 0 Richard P Morse 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 526429 0 61085 Thomas D May 40 X 216644 0 69880 Suzanne Page 40 X 76582 0 19669 Kim Noltemy 40 X 187365 0 41846 Malcolm Lowe 40 X 414290 0 48177 Thomas C Rolfs Jr 40 X 261607 0 43179 John A Ferrillo Jr 40 X 256439 0 47720 Steven Ansell 40 X 246617 0 50315 Toby Oft 40 X 232626 0 35108 2418599 0 416979 118 0 1 0 Phramus Inc 1776 Broadway 8th Floor New York NY 10019 Services of J.Levine 1207300 Troubadour Reunion Tours LLC C/O Creative Artists Agency 3310 W End Ave Nashville TN 37203 Svcs of J Taylor and C King 948192 Isole Inc 1032 Country Club Road Brevard NC 28712 Services of K. Lockhart 651722 Creative Artists Agency 3310 West End Ave Nashville TN 37203 Services of two artists 650000 Opus 3 Artists 470 Park Avenue 9th Floor New York NY 10016 Guest Artists 524050 17 0 0 2164234 0 207500 22362971 5024240 24734705 Concerts & tours 900099 32994086 32994086 0 0 Program advertising 511190 644657 0 644657 0 Education 900099 496308 496308 0 0 Electronic media 900099 434940 434940 0 0 Parking 900099 94135 0 0 94135 0 0 0 0 34664126 1536077 0 0 1536077 0 0 0 0 0 0 0 0 3498470 0 1128501 0 2369969 0 2369969 1117251 0 1252718 89567000 0 73805301 0 15761699 0 15761699 0 6376 15755323 894464 2164234 932184 -37720 0 -37720 0 0 0 0 0 0 1250196 795426 454770 454770 0 0 Food and Beverage 900099 1176013 0 0 1176013 0 0 0 0 1176013 80659639 35497355 651033 19776546 0 0 0 0 0 0 0 0 1213075 1062845 150230 142307 142307 32186240 24201978 4921558 3062704 5108749 3868085 883910 356754 4679529 2931751 1196425 551353 2346992 1442623 644317 260052 75000 75000 0 0 316996 0 316996 0 147033 0 147033 0 32711 0 0 32711 0 0 1246761 1246761 0 0 11949873 11536953 384812 28108 3590240 3274973 88573 226694 3023447 1882333 473637 667477 846446 149609 468922 227915 35699 35699 0 0 3279543 2492756 478853 307934 4481278 3849868 207766 423644 0 0 0 0 576771 52294 49108 475369 51442 49384 0 2058 0 0 0 0 3813313 2907225 551461 354627 155974 12250 143724 0 Concert production expenses 1538477 1536458 2019 0 2744309 2141009 0 603300 83582205 63829316 12021959 7730930 1939879 2668559 12032446 19434855 35620632 25170809 1385339 1309859 110999 93889 0 0 0 0 703597 593886 1707471 2060119 104828643 59162661 42306871 45665982 129442904 130793270 201739242 230644168 0 0 31340714 35084289 458330094 493519685 8309543 8598091 0 0 9568225 9723152 0 0 0 0 0 0 5500000 5500000 0 0 38528718 31532010 61906486 55353253 X 46973019 61300211 166006324 190354174 183444265 186512047 396423608 438166432 458330094 493519685 X -2922566 44665390 X 0 1 1 X 0 X 28317433 26726120 50438949 28470125 24734705 158687332 0 0 0 0 0 0 0 0 0 0 28317433 26726120 50438949 28470125 24734705 158687332 26212598 132474734 5068449 4217872 3392700 3555358 2788795 19023174 254076 190760 0 0 0 444836 0 0 0 0 0 0 178155342 191832337 0.74359 0.74841 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 35614 0 0 35614 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. Also, the fee from one consulting firm that has been retained to provide government relations consulting services on the issues noted above is included in the amount reported. On August 2, 2011, the BSO hosted its biennial State Legislators' Day at Tanglewood, which included remarks by BSO leaders and an informal breakfast on the Tanglewood grounds. The day concluded with the popular Tanglewood on Parade program, a concert that comprised performances by the Boston Symphony Orchestra, Boston Pops, and Tanglewood Music Center Orchestra. Attendees purchased their own tickets to this portion of the event. Catering expenses related to this event are included in the amount reported. 354476000 5920000 49369000 0 22395000 0 387370000 329988000 7159000 32976000 0 15647000 0 354476000 398852000 13065000 -58188000 0 23741000 0 329988000 0.1251 0.4636 0.4113 1 0 0 6554782 6554782 0 62782268 35076197 27706071 0 0 0 0 0 27565913 20407762 7158151 0 7925680 3678702 4246978 45665982 0 0 Marketable Alternatives (equity LPs) 131038015 F Real Assets(gold,energy&commodities funds) 52522244 F Illiquid Equities (private equity LPs) 29935343 F Real Estate (real estate LPs) 9316373 F Investment in 263 HA Limited Partnership 7832193 F 230644168 Assets Held by Others 25183443 Assets of Split Interest Agreements 9150846 Real estate property-released by retained life estate 750000 35084289 0 Accd Liab for Pension & Post-retiremnt 31532010 31532010 80659639 83582205 -2922566 34684694 0 0 0 9980696 44665390 41742824 117570414 34684694 0 0 2677416 37362110 80208304 1246761 -795426 451335 80659639 83130870 0 0 0 795426 795426 82335444 1246761 0 1246761 83582205 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 as its only significant tax position; however, the Orchestra has determined that such tax position does 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: $2,677,416 + Retirement plan related changes other than net periodic benefit costs: $7,303,280 = Total adjustments to net assets: $9,980,696. 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. Corporate Event 820005 658508 161497 0 0 0 56755 24551 123295 Opening Gala 981011 678154 302857 0 0 0 59743 47078 107712 5 1257682 827572 430110 0 0 0 117063 51359 344628 3058698 2164234 894464 0 0 0 233561 122988 575635 932184 -37720 X X X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 Mark Volpe 419277 0 0 0 107152 0 34225 0 26860 0 587514 0 0 0 Thomas D May 214576 0 0 0 2068 0 40956 0 28924 0 286524 0 0 0 Kim Noltemy 186523 0 0 0 842 0 13588 0 28258 0 229211 0 0 0 Malcolm Lowe 358590 0 37500 0 18200 0 23151 0 25026 0 462467 0 0 0 Thomas C Rolfs Jr 261607 0 0 0 0 0 18620 0 24559 0 304786 0 0 0 John A Ferrillo Jr 256439 0 0 0 0 0 21941 0 25779 0 304159 0 0 0 Steven Ansell 246617 0 0 0 0 0 24395 0 25920 0 296932 0 0 0 Toby Oft 232626 0 0 0 0 0 8624 0 26484 0 267734 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 2010 includes Base Compensation of 419,277. Other Reportable Compensation includes 1) taxable fringe in the amount of $6,414 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 $84,238, 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 93889 0 1 1 93889 Joseph Hearne Spouse is trustee 142307 Employed as player 0 Tisbury Tours Inc Co.owned by spouse of trustee 1172971 Engaged to perform concerts 0 Jan Brett Trustee 22764 Musical collaboration 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 1 0 see note X 75 1627885 Fair Market Value X 1 70016 Fair Market Value X Hospitality 12 46454 Fair Market Value X Printing 3 29098 Fair Market Value X Transportation 2 190245 Fair Market Value X Hotel Rooms 2 297184 Fair Market Value X Miscellaneous 1 38358 Fair Market Value X Violin & Bow 2 2725000 Fair Market Value 4 0 1 1 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 The BSO was given a Stradivarius violin and a Tourte bow during fiscal 2011, both of which are used in the performance of the BSO's concerts. SchM_P01_S00_L32b Schedule M, Part I, Line 32b The BSO's custodian, State Street Corporation, receives and sells donated securities. SchM_P01_S00_L33 Schedule M, Part I, Line 33 The BSO received a painting of Tanglewood as a gift. A zero amount was reported on Form 990, Part VIII, Statement of Revenue, line 1g, because the BSO does not capitalize such gifts to its archival collection. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Trustees Vincent M. O'Reilly, Richard P. Morse 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 mailed to all members of the Board of Trustees for review in advance of their next board meeting. The Chief Financial Officer reviews several key sections from the 990 in detail at this board meeting. The Board of Trustees then approves the Form 990 before it is filed. 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 of 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's Committee most recent review of officer and key employee compensation occurred in 2008. F990_P06_S0B_L16b Form 990, Part VI, Section B, Line 16b The BSO adopted a joint venture policy in fiscal 2011 that describes the evaluation process. Part of the evaluation process is to make certain that the BSO's exempt status is not jeopardized by participation in joint venture arrangements. 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 2010 amounts. F990_P07_S0B_L01C Form 990, Part VII, Section B, Line 1(C) The compensation listed for Creative Artists Agency comprises a fee payment of $600,000 for Troubadour Reunion Tours, LLC, and a fee payment of $50,000 for another guest artist. Compensation reported is based on calendar 2010 amounts. The compensation listed for Opus 3 Artists includes $500,000 in fees for 16 guest artists and a payment of $24,050 for a commission. Compensation reported is based on calendar 2010 amounts. F990_P11_S00_L05 Form 990, Part XI, Line 5 Other changes in net assets or fund balances of $44,665,390 comprise net unrealized gains on investments of $34,684,694, change in value of split interest agreements of $2,677,416 and retirement plan related changes other than net periodic benefit costs of $7,303,280. 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 1320514 7809493 0 0 0 0.99 263 Realty Corporation 301 Massachusetts Avenue Boston MA 02115 Real Estate MA N/A C 11667 40698 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 1 263 HA Limited Partnership j 306576 Fair Market 263 HA Limited Partnership r 1163172 Actual partnership distribution