2012-08-14T12:18:11-05:00 2011-09-30 SINGERLEWAK LLP 10960 WILSHIRE BLVD STE 700 LOS ANGELES CA 900243783 990 2010-10-01 951696734 LOS ANGELES PHILHARMONIC ASSOCIATION LOSA 2139727300 151 SOUTH GRAND AVE LOS ANGELES CA 900123034 MIKE DEMARTINI 2139727300 2012-08-07 1 LIOR TEMKIN 3104773924 2012-08-02 2010 2016-02-24 21:20:13Z MICHAEL DEMARTINI 151 SOUTH GRAND AVE LOS ANGELES CA 900123034 112674386 0 X WWW.LAPHIL.ORG X 1934 CA THE MISSION OF THE LOS ANGELES PHILHARMONIC ASSOCIATION IS TO PERFORM, PRESENT, AND PROMOTE MUSIC IN ITS MANY VARIED FORMS AT THE HIGHEST LEVEL OF EXCELLENCE TO A LARGE AND DIVERSE AUDIENCE. 57 57 1988 1182 12353 0 38486487 33142366 72688355 73712103 2885848 3347658 -285396 -207043 113775294 109995084 6000 0 0 0 49482343 53679856 482193 486566 6786012 46961852 49758808 96932388 103925230 16842906 6069854 180118580 186511130 45406937 47766691 134711643 138744439 X THE MISSION OF THE LOS ANGELES PHILHARMONIC ASSOCIATION IS TO PERFORM, PRESENT, AND PROMOTE MUSIC IN ITS MANY VARIED FORMS AT THE HIGHEST LEVEL OF EXCELLENCE TO A LARGE AND DIVERSE AUDIENCE. 0 0 36552067 42327441 ORCHESTRAL PERFORMANCE# OF TICKETS: 601,294 7105175 14286963 NON-ORCHESTRAL PERFORMANCES# OF TICKETS: 270,779 4391140 2603842 TOUR CONCERTS, NEIGHBORHOOD CONCERTS AND RUN-OUTS# OF TICKETS:TOURS: 22,973 RUN-OUTS: 4,424 38373924 14639893 CONCERTS BY OTHER PRESENTERS, RECORDING/ROYALTIES AND OTHER MISCELLANEOUS PROGRAM SERVICES. 38373924 14639893 86422306 1 1 0 0 0 0 0 0 1 1 1 1 1 1 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 407 0 1 1988 1 1 1 0 0 0 0 1 1 0 0 0 0 X 57 57 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X MICHAEL DEMARTINI VP & CFO 2139727300 151 S GRAND AVE LOS ANGELES CA 900123034 ROBERT J ABERNETHY 1.00 X 0 0 0 WALLIS ANNENBERG 1.00 X 0 0 0 DAVID N BARRY III 1.00 X 0 0 0 THOMAS L BECKMEN 1.00 X 0 0 0 DAVID C BOHNETT 5.00 X 0 0 0 LYNN A BOOTH 1.00 X 0 0 0 ARLYSS BURKETT 1.00 X 0 0 0 ANTHON S CANNON JR 1.00 X 0 0 0 JENNIFER CHERNICK 1.00 X 0 0 0 MARK HOUSTON DALZELL 1.00 X 0 0 0 MARI L DANIHEL 1.00 X 0 0 0 KELVIN L DAVIS 1.00 X 0 0 0 DONALD P DE BRIER 1.00 X 0 0 0 KENNETH M DORAN 1.00 X 0 0 0 JERROLD L EBERHARDT 1.00 X 0 0 0 LOUISE D EDGERTON 1.00 X 0 0 0 JANE B EISNER 1.00 X 0 0 0 LAWRENCE N FIELD 1.00 X 0 0 0 STEPHEN E FRANK 1.00 X 0 0 0 TIMOTHY F GALLAGHER 1.00 X 0 0 0 AIDA KOUKEYAN GAONA 1.00 X 0 0 0 FRANK GEHRY 1.00 X 0 0 0 DAVID I GINDLER 1.00 X 0 0 0 CECILIA AGUILERA GLASSMAN 1.00 X 0 0 0 BRAM GOLDSMITH 1.00 X 0 0 0 LENORE S GREENBERG 1.00 X 0 0 0 CAROL COLBURN GRIGOR HOGEL 1.00 X 0 0 0 PASI HAMALAINEN 1.00 X 0 0 0 LINDA JOYCE HODGE 1.00 X 0 0 0 JOHN F HOTCHKIS 1.00 X 0 0 0 JOYCE A KRESA 1.00 X 0 0 0 JOHN V MALLORY 1.00 X 0 0 0 GINNY MANCINI 1.00 X 0 0 0 MAURICE MARCIANO 1.00 X 0 0 0 BEVERLY MARKSBURY 1.00 X 0 0 0 VICKI MCCLUGGAGE 1.00 X 0 0 0 BOWEN H MCCOY 1.00 X 0 0 0 DIANE DISNEY MILLER 1.00 X 0 0 0 YOUNES NAZARIAN 1.00 X 0 0 0 LEITH O'LEARY 1.00 X 0 0 0 CHARLES B ORTNER 1.00 X 0 0 0 DIANE B PAUL 1.00 X 0 0 0 WILLIAM C POWERS 1.00 X 0 0 0 DR BARRY D PRESSMAN MD 1.00 X 0 0 0 JAY RASULO 1.00 X 0 0 0 DUDLEY A RAUCH 1.00 X 0 0 0 ANN RONUS 1.00 X 0 0 0 DR ARMIN M SADOFF 1.00 X 0 0 0 NANCY S SANDERS 1.00 X 0 0 0 CARLA SANDS 1.00 X 0 0 0 ELIZABETH SEGERSTROM 1.00 X 0 0 0 ROCCO C SICILIANO 1.00 X 0 0 0 JOHN SIMPSON 1.00 X 0 0 0 ERIC L SMALL 1.00 X 0 0 0 H RUSSELL SMITH 1.00 X 0 0 0 CHRISTIAN STRACKE 1.00 X 0 0 0 DR RONALD D SUGAR 1.00 X 0 0 0 ALAN WAYTE 1.00 X 0 0 0 JONATHAN WEEDMAN 1.00 X 0 0 0 WARREN BROOKS WILLIAMSON 1.00 X 0 0 0 MARILYN ZIERING 1.00 X 0 0 0 DEBORAH BORDA 60.00 X 1535026 0 67202 ARVIND MANOCHA 60.00 X 405859 0 26094 MICHAEL DEMARTINI 60.00 X 311689 0 54100 GUSTAVO DUDAMEL 40.00 X 962474 0 22889 TIM LANDI 60.00 X 295392 0 31846 CHAD SMITH 60.00 X 249480 0 28178 GAIL SAMUEL 60.00 X 247247 0 61021 SHANA MATHUR 60.00 X 241980 0 35005 MARTIN CHALIFOUR 40.00 X 425819 0 34922 DONALD GREEN 40.00 X 282142 0 18876 KEVIN WAPNER 40.00 X 245802 0 57080 CHRISTOPHER HANULIK 40.00 X 229236 0 34979 JOSEPH PEREIRA 40.00 X 223294 0 15724 ERNEST FLEISCHMANN 1.00 X 35000 0 0 5690440 0 487916 134 1 1 0 DCM INC 45 MAIN STREET STE 816 BROOKLYN NY 11201 TELEMARKETING & TELEFUNDING 1991989 PALISADES MEDIA GROUP INC 1620 26TH ST STE 200 S SANTA MONICA CA 90404 MEDIA ADVERTISING 1365959 CONTEMPORARY SERVICES CORPORATION DEPARTMENT 8518 LOS ANGELES CA 90084 SECURITY 1103558 TRANSIT SYSTEMS UNLTD INC 8976 LAUREL CANYON BLVD SUN VALLEY CA 91352 BUS SERVICE 896878 NORM LEVIN & COMPANY INC 720 24TH ST HERMOSA BEACH CA 90254 VIDEO SERVICE 755117 46 8317815 765448 24059103 436723 33142366 CONCERTS 711300 59133078 59133078 CONCERTS BY OTHERS 711300 6362243 6362243 CONCESSION/ PARKING 812930 4820539 4820539 OTHER PROGRAM INCOME 900099 1932654 1932654 RECORDING/ ROYALITIES 900099 1463589 1463589 73712103 880398 647 879751 2467260 2467260 2467260 2467260 616480 8317815 981265 -364785 -364785 1855779 1698037 157742 146036 11706 109995084 67574011 12353 9266354 5573981 2551053 2615516 407412 36042176 31606093 2811365 1624718 4129977 2858411 1015594 255972 4844280 4182710 344303 317267 3089442 2571600 334752 183090 414139 46750 367389 113632 113632 486566 486566 454427 454427 5998331 5579024 29690 389617 3768715 2576584 444585 747546 167411 11492 154491 1428 557527 553591 3936 2939933 2922244 17189 500 3561058 3197152 135095 228811 14967 12114 2778 75 1159912 785779 374133 1217898 1047218 170680 CONTRACT SERVICES 20004243 18610449 641700 752094 CONCERT PRESENTATIONS B 3560376 3560376 EQUIPMENT RENTAL 1729767 1031348 95196 603223 CREDIT CARD COMMISSIONS 1663259 1522131 141128 SUPPLIES 1011743 911464 85404 14875 1421470 284723 505057 631690 103925230 86422306 10716912 6786012 9077477 2615051 5862558 18412017 17403281 17826339 1167376 1606870 415207 377192 3265198 2067608 28590607 19281687 9562653 9308920 6155830 127209000 134297133 180118580 186511130 6897966 7336161 21907383 19242568 16601588 21187962 45406937 47766691 X 35723643 38724439 10501000 9615000 88487000 90405000 134711643 138744439 180118580 186511130 X 6069854 -2037058 X 0 1 1 X 0 X 29093106 32862256 23393253 38486487 33142366 156977468 64898669 68879125 67705595 72688355 73712103 347883847 93991775 101741381 91098848 111174842 106854469 504861315 8528656 12480637 6916101 17660461 9343100 54928955 34253 874162 908415 8562909 12480637 6916101 18534623 9343100 55837370 449023945 2578951 1990963 1583938 1405694 880398 8439944 3962 -39657 -41915 3251 12353 -62006 2582913 1951306 1542023 1408945 892751 8377938 96574688 103692687 92640871 112583787 107747220 513239253 0.87490 0.87160 0.01630 0.01920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 132581335 5696279 4303115 4931127 137649602 112793597 12260569 11798990 4271821 132581335 108485457 9979265 502821 6173946 112793597 0.40000 0.60000 0.00000 1 0 17285734 11290060 5995674 7572139 5825394 1746745 3732734 2166233 1566501 9308920 PARTNERSHIP INTEREST & OTHER FUNDS 32318000 F MCF UNITIZED FUND 101979133 F 134297133 PENSION AND POST-RETIREMENT MEDICAL BENEFIT COST 21187962 21187962 109995084 103925230 6069854 1421726 -3458784 -2037058 4032796 117524000 1421726 8762101 10183827 107340173 454427 2200484 2654911 109995084 109649000 6179698 6179698 103469302 454427 1501 455928 103925230 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUNDS SUPPORT EDUCATION AND MUSIC PROGRAMS, AND THE MISSION OF THE ASSOCIATION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC NO. 740, "UNCERTAINTY IN INCOME TAXES" ("ASC 740"), THE ASSOCIATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. TO DATE, THE ASSOCIATION HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE ASSOCIATION'S POLICY IS TO RECOGNIZE POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE, IF ANY. DURING THE YEAR ENDED SEPTEMBER 30, 2011, THE ASSOCIATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THE FEDERAL AND STATE OF CALIFORNIA INCOME TAX RETURNS OF THE ASSOCIATION STILL OPEN AND SUBJECT TO IRS OR STATE OF CALIFORNIA EXAMINATION ARE AS FOLLOWS: JURISDICTION: OPEN TAX YEARS: FEDERAL 2007 - 2010 STATE 2006 - 2010 PART XI, LINE 8 - OTHER ADJUSTMENTS: INCREASE IN ACTUARIAL LOSS -3,458,784. PART XII, LINE 2D - OTHER ADJUSTMENTS: NON-MONETARY EXCHANGE - IN KIND INCOME 5,220,630. SPECIAL EVENTS - DIRECT EXPENSES 959,068. INVESTMENT GAIN OF MUSIC CENTER FOUNDATION 2,580,296. ROUNDING 2,107. PART XII, LINE 4B - OTHER ADJUSTMENTS: MUSIC CENTER CONTRIBUTION 2,200,484. PART XIII, LINE 2D - OTHER ADJUSTMENTS: NON-MONETARY EXCHANGE - IN KIND INCOME 5,220,630. SPECIAL EVENTS - DIRECT EXPENSES 959,068. PART XIII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 1,501. EUROPE 0 0 PROGRAM SERVICE TOUR CONCERTS - SEE SCHEDULE O 4006604 0 0 0 0 0 0 4006604 0 4006604 0 0 0 0 0 0 X 1 DCM INC 45 MAIN ST STE 816 BROOKLYN NY 11201 TELEFUNDING 0 1062224 486566 575658 1062224 486566 575658 CA WINTER GALA 3396537 3247490 149047 7098 199630 WINTER GALA 2 3536756 3377538 159218 7517 701447 1 2001002 1692787 308215 7582 57991 8934295 8317815 616480 22197 959068 981265 -364785 X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 DEBORAH BORDA 600992 0 275000 0 659034 0 55800 0 11402 0 1602228 0 0 0 ARVIND MANOCHA 328359 0 70000 0 7500 0 15200 0 10894 0 431953 0 0 0 MICHAEL DEMARTINI 261689 0 50000 0 0 0 27700 0 26400 0 365789 0 0 0 GUSTAVO DUDAMEL 950474 0 0 0 12000 0 0 0 22889 0 985363 0 0 0 TIM LANDI 265392 0 30000 0 0 0 21400 0 10446 0 327238 0 0 0 CHAD SMITH 199480 0 50000 0 0 0 18200 0 9978 0 277658 0 0 0 GAIL SAMUEL 194247 0 50000 0 3000 0 35100 0 25921 0 308268 0 0 0 SHANA MATHUR 191980 0 50000 0 0 0 9100 0 25905 0 276985 0 0 0 MARTIN CHALIFOUR 425819 0 0 0 0 0 9456 0 25466 0 460741 0 0 0 DONALD GREEN 282142 0 0 0 0 0 9390 0 9486 0 301018 0 0 0 KEVIN WAPNER 245802 0 0 0 0 0 26078 0 31002 0 302882 0 0 0 CHRISTOPHER HANULIK 229236 0 0 0 0 0 9513 0 25466 0 264215 0 0 0 JOSEPH PEREIRA 223294 0 0 0 0 0 9708 0 6016 0 239018 0 0 0 ERNEST FLEISCHMANN 35000 0 0 0 0 0 0 0 0 0 35000 0 0 0 PART I, LINE 4B DEBORAH BORDA HAS A 457(F) RETIREMENT PLAN. THE AMOUNT INCLUDED ON MS. BORDA'S 2010 W-2 WAS $481,337. PART II, COLUMN F: AS PER IRS INSTRUCTIONS, COLUMN F IS ONLY TO INCLUDE COMPENSATION REPORTED IN COLUMN B OF THE CURRENT YEAR THAT WAS ALSO REPORTED IN THE PRIOR YEAR FORM 990. SINCE THERE WERE NO SUCH OVERLAPPING AMOUNTS, NO PRIOR COMPENSATION WAS LISTED IN COLUMN F. X 30 419448 FMV X MUSICAL INSTRUMENTS 71 17275 FMV 0 0 1 THIRD PARTY USE: PART I, LINE 32B: A THIRD PARTY BROKERAGE COMPANY SELLS DONATED STOCKS ONCE THEY ARE RECEIVED BY THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE FORMULATES, SUPERVISES AND IMPLEMENTS THE POLICIES OF THE CORPORATION UNDER THE DIRECTION OF THE BOARD OF DIRECTORS. MEMBERS ARE APPOINTED TO THE EXECUTIVE COMMITTEE WHICH CONSISTS OF THE CHAIRMAN OF THE BOARD, VICE CHAIRS AND THE CHAIRS OF THE MAJOR COMMITTEES. ADDITIONAL DIRECTORS MAY BE APPOINTED BY THE CHAIRMAN AND APPROVED BY THE BOARD OF DIRECTORS. THE FOLLOWING ARE THE VICE CHAIR AND MEMBERS OF THE EXECUTIVE COMMITTEE: CHAIRMAN OF THE BOARD: DAVID C. BOHNETT VICE CHAIRS: JERROLD L. EBERHARDT GINNY MANCINI VICKI MCCLUGGAGE WILLIAM C. POWERS JAY RASULO RONALD D. SUGAR EXECUTIVE COMMITTEE MEMBERS (INCLUDING VICE CHAIRS LISTED ABOVE): DAVID C. BOHNETT ANTHON S. CANNON, JR. MARK DALZELL DONALD DE BRIER JERROLD L. EBERHARDT LAWRENCE N. FIELD GINNY MANCINI VICKI MCCLUGGAGE WILLIAM C. POWERS BARRY D. PRESSMAN JAY RASULO DUDLEY A. RAUCH NANCY S. SANDERS RONALD D. SUGAR ALAN WAYTE WARREN BROOKS WILLIAMSON FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR THEIR REVIEW PRIOR TO THE MEETING WITH THE TAX ACCOUNTANTS AND STAFF. DURING THIS MEETING, THE AUDIT COMMITTEE INQUIRES AND RECOMMENDS ANY CHANGES NEEDED THEN APPROVES THE FORM 990 FOR FILING. THE FINAL DRAFT OF THE FORM IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO ELECTRONIC FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION SENDS A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY TO THE BOARD OF DIRECTORS, OFFICERS VP'S AND KEY EMPLOYEES. THE QUESTIONNAIRES ARE REVIEWED TO ENSURE THEY ARE COMPLIANT WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF INDEPENDENT DIRECTORS REVIEWS AND APPROVES IN ADVANCE THE COMPENSATION PACKAGE FOR OFFICERS AND KEY EMPLOYEES BASED ON A COMPARATIVE ANALYSIS OF THE COMPENSATION OF SIMILARLY SITUATED OFFICERS AND EMPLOYEES AT SIMILAR ORGANIZATIONS PREPARED INTERNALLY WITH THE PERIODIC ASSISTANCE OF A QUALIFIED INDEPENDENT COMPENSATION CONSULTANT. FOR THE PRESIDENT AND CEO'S EMPLOYMENT CONTRACT, THE COMPENSATION COMMITTEE ENGAGED AN INDEPENDENT COMPENSATION CONSULTANT TO PROVIDE A DETAILED COMPARATIVE ANALYSIS OF OTHER CEO COMPENSATION AT SIMILAR ORGANIZATIONS TO SUPPORT THE REASONABLENESS OF HER TOTAL COMPENSATION PACKAGE. THE COMPENSATION TERMS AND THE RESULTS OF BOTH THE INTERNAL AND INDEPENDENT COMPENSATION ANALYSIS WERE THEN REVIEWED AND DISCUSSED IN DETAIL WITH THE INPUT OF THE COMPENSATION CONSULTANT AND APPROVED IN ADVANCE BY AN AUTHORIZED BODY OF INDEPENDENT DIRECTORS. FINALLY, THE ENTIRE PROCESS WAS CONCURRENTLY DOCUMENTED DETAILING THE ANALYSIS AND BASIS FOR THE COMPENSATION DETERMINATION. FORM 990, PART VI, SECTION C, LINE 18 ALL INFORMATIONAL RETURN DOCUMENTS ARE AVAILABLE TO THE PUBLIC EITHER THROUGH WWW.GUIDESTAR.ORG OR UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, INFORMATION RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PROCEEDS FROM SALE OF STOCKS & COST OR OTHER BASIS: FORM 990, PART VIII, LINE 7A & 7B: THE ORGANIZATION HAS INVESTMENT ACCOUNTS, HEDGE FUNDS AND OTHER INVESTMENT PARTNERSHIPS WITH MANY STOCK TRANSACTIONS. DUE TO THE LARGE QUANTITY OF STOCK TRANSACTIONS, THIS INFORMATION IS NOT INCLUDED IN THE RETURN, BUT IS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,421,726. INCREASE IN ACTUARIAL LOSS -3,458,784. TOTAL TO FORM 990, PART XI, LINE 5: -2,037,058. SCHEDULE F, PART I, LINE 3E: TOTAL EXPENDITURES FOR THE TOUR CONCERTS INCLUDE A PORTION OF COMPENSATION AND OTHER EMPLOYMENT-RELATED COSTS PAID TO OR FOR THE BENEFIT OF U.S. EMPLOYEES TRAVELING TO THE REGION.