2012-11-29T10:24:25-07:00 2012-05-31 990 2011-06-01 566063111 GREENSBORO SYMPHONY ORCHESTRA INCORPORATED GREE 3363355456 200 N Davie Street Suite 301 Greensboro NC 27401 Philippe Dorier 3365450011 2012-11-29 2011 2016-02-24 21:20:13Z Lisa Crawford 200 North Davie Street Suite 301 Greensboro NC 27401 1431294 0 X www.greensborosymhony.org X 1960 NC The mission of the Greensboro Symphony Orchestra, Inc. is to enrich the cultural life of Greensboro, NC and surrounding areas through the development, promotion and maintenance of a program of quality music and music education. Its primary vehicle for the conduct of these activities is the Greensboro Symphony Orchestra, which presents concerts, special events, educational opportunities and related activites. 56 54 91 600 57100 5397 805310 810581 589284 604897 1787 1541 0 2127 1396381 1419146 0 0 0 0 824138 824367 0 0 62337 573837 579244 1397975 1403611 -1594 15535 466027 460858 325360 279656 140667 181202 The mission of the Greensboro Symphony Orchestra, Inc. is to enrich the cultural life of Greensboro, NC and surrounding areas through the development, promotion and maintenance of a program of quality music and music education. Its primary vehicle for the conduct of these activities is the Greensboro Symphony Orchestra, which presents concerts, special events, educational opportunities and related activities. 0 0 1005841 0 502430 The Greensboro Symphony Orchestra presents a full concert season of classical and "Pops" music as well as an annual holiday concert, all of which are open to the general public. During the year ending May 31, 2012 the symhony presented eleven classical concerts, five Chamber performances, four "Pops" concerts and Holiday concerts for the Greensboro, NC and Elon, NC communities. The Music at Midday Series designed for persons living in retirement homes reached more than 1,000 senior citizens 215757 0 101931 In cooperation with area school systems, the GSO has established an extensive music education program for students in elementary through high school, which serves more than 50,000 students each year in Guilford, Randolph, Rockingham and Alamance Counties in North Carolina. In those counties, the GSO presents twelve concerts to elementary students in the 3rd and 4th grades, four Music in the Middle concerts for 7th graders, and more than 70 In-School ensembles. The Greensboro symphony Youth Orchestra (GSYo) Program offers motivated young musicians from the Piedmont area of North Carolina five ensembles in which to expand their skills. Approximately 170 students participated in the various ensembles this year. 0 0 0 1221598 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 88 0 1 91 1 1 1 0 0 0 0 1 1 0 0 0 0 X 56 54 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 X Charles Adams 3363355456 200 N Davie Street Suite 301 Greensboro NC 27401 Lisa Crawford 40 X X 95418 0 5230 Dmitry Sitkovetsky 5 X 0 0 0 Robert Harris 1 X X 0 0 0 Susan Schwartz 1 X X 0 0 0 Dennis Stearns 1 X X 0 0 0 Ken Tutterow 1 X 0 0 0 Robert Klepfer 1 X X 0 0 0 Samuel LeBauer 1 X X 0 0 0 Myrna Carlock 1 X X 0 0 0 Ann Kroupa 1 X X 0 0 0 Joretta Klepfer 1 X X 0 0 0 Philippe Dorier 1 X X 0 0 0 Jessica Good 1 X X 0 0 0 Peggy Hamilton 1 X 0 0 0 Kim Littrell 1 X 0 0 0 Vanessa Carroll 1 X 0 0 0 Jeff Chowning 1 X 0 0 0 Bert Davis 1 X 0 0 0 Bill Fraser 1 X 0 0 0 D K Jeong 1 X 0 0 0 Orton Jones 1 X 0 0 0 Joseph LeBauer 1 X 0 0 0 Garson Rice 1 X 0 0 0 Margaret Arbuckle 1 X 0 0 0 Jason Bodford 1 X 0 0 0 Darren Cossaart 1 X 0 0 0 Eric Eley 1 X 0 0 0 Linda Jones 1 X 0 0 0 Gail McGroarty 1 X 0 0 0 Gary Nixon 1 X 0 0 0 James Pegram 1 X 0 0 0 Anne Smith 1 X 0 0 0 Janet Stenersen 1 X 0 0 0 Elaine Ashley 1 X 0 0 0 Robert Green 1 X X 0 0 0 Shawn Houck 1 X 0 0 0 Kathy Manning 1 X 0 0 0 Lilian Rauch 1 X 0 0 0 Bob Rhodes 1 X 0 0 0 Bob Woodward 1 X 0 0 0 Connie Saul 1 X 0 0 0 Carole Lineberry-Moore 1 X 0 0 0 Bernie Mann 1 X 0 0 0 David Parker 1 X 0 0 0 Anna Lampidis 1 X 0 0 0 Amy Conley 1 X 0 0 0 Scott Duggan 1 X 0 0 0 Libby Gabriel 1 X 0 0 0 Patrick Guido 1 X 0 0 0 Debby Heidfeld 1 X 0 0 0 Robin Hunt 1 X 0 0 0 Suzanne Johnson 1 X 0 0 0 Svetlana Krylova 1 X 0 0 0 Laura Santana 1 X 0 0 0 Steven Thaggard 1 X 0 0 0 Bernadette Trinidad 1 X 0 0 0 95418 0 5230 1 0 0 0 Dmitry Sitkovetsky The Studio 1 Cleve Road London UK NW63RG Music Director/Conductor 127540 1 0 0 17850 153000 43000 596731 0 810581 Concert Ticket Sales 711130 413878 413878 0 0 Concert Contracts 711130 97088 97088 0 0 Youth Orchestra Tuition & Fees 711130 36295 36295 0 0 Advertising Revenue - Ads in Season Playbill 711130 57100 0 57100 0 536 536 0 0 604897 1541 1541 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14275 17850 12148 2127 0 2127 0 1419146 549338 57100 2127 0 0 0 0 0 0 0 0 95418 19084 38167 38167 0 0 0 0 645469 612458 32717 294 0 0 0 0 28057 23850 2193 2014 55423 47058 5423 2942 0 0 0 0 0 0 0 0 3904 0 3904 0 0 0 0 0 0 0 0 0 0 0 219671 210460 0 9211 87611 87611 0 0 53606 32215 15739 5652 0 0 0 0 0 0 0 0 115093 115092 1 0 19741 19741 0 0 0 0 0 0 10268 9144 1124 0 0 0 0 0 0 0 0 0 12271 10614 1657 0 6086 0 6086 0 Music,Recording & License Fees 19506 19506 0 0 Dues & Publications 3359 0 3359 0 Equipment Rental & Maintenance 9950 9950 0 0 Payroll Services 6127 0 6127 0 12051 4815 3179 4057 1403611 1221598 119676 62337 29797 20756 309295 317627 31617 32940 7429 9915 0 0 0 0 0 0 0 0 7733 7117 225904 153401 80156 72503 0 0 0 0 0 0 0 0 0 0 466027 460858 26211 17132 0 0 299149 262524 0 0 0 0 0 0 0 0 0 0 0 0 325360 279656 X 29492 69948 111175 111254 0 0 140667 181202 466027 460858 X 15535 25000 X 0 1 1 X 0 X 882485 863401 830256 805310 810581 4192033 679262 647166 829198 589284 547797 3292707 0 0 0 0 0 0 0 0 0 0 0 0 9730 9730 10186 10186 10186 50018 1571477 1520297 1669640 1404780 1368564 7534758 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7534758 9495 4737 2502 1787 1541 20062 0 0 0 0 0 9495 4737 2502 1787 1541 20062 0 0 0 0 8524 8524 0 0 0 0 0 0 1580972 1525034 1672142 1406567 1378629 7563344 0.99622 0.99579 0.00265 0.00421 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3747341 1000 -145407 128000 0 26524 3448410 2974262 288277 658663 146425 0 27436 3747341 2710279 8469 375395 96000 0 23881 2974262 3320888 52938 -536905 105000 0 21642 2710279 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 109896 99072 10824 0 116008 54329 61679 72503 0 0 1419146 1403611 15535 0 0 0 0 0 0 15535 1570454 0 139160 0 12148 151308 1419146 0 0 0 1419146 1554919 139160 0 0 12148 151308 1403611 0 0 0 1403611 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The Greensboro Symphony Endowment Fund' is to be used to provide for the continuation and development of The Greensboro Symphony Orchestra, Inc. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The Orchestra is classified as a Section 501(c)(3) under the Federal Internal Revenue Code. As a result, it has been determined to be exempt from federal and state income taxes. The Orchestra accounts for uncertain income tax positions by prescribing a minimum probability threshold that a tax position must meet before a financial statement income tax benefit is recognized. The minimum threshold is defined as a tax position, based solely on its technical merits, that would more likely than not be sustained upon examination by the relevant tax authority with knowledge of the same facts. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than 50% likely of being realized upon ultimate resolution. Based on all known facts and circumstances and current tax law, the Orchestra believes the total amount of uncertain income tax position liabilities and related accrued interest are not material to its financial position. As of May 31, 2012 and including the previous three years considering extensions, the Orchestra's income tax returns are open and subject to examination by tax authorities with relevant jurisdiction. Should such an examination take place, management does not anticipate any significant issues related to the open years. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Direct Expenses for for Fund Raising event of $12,148 were offset against Gross Fund Raising revenue on Form 990, Schedule VIII, Line 8b. These were shown as expenses on the Audited Financial Statements. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Direct expenses for Fund Raiser were offset against Gross Income from fund raising on Form 990, Schedule VIII, line 8b. These expenses are included in total expenses per Audited Financial Statements. Name That Tune 32125 17850 14275 600 0 0 4724 3500 3324 0 0 32125 17850 14275 600 0 0 4724 3500 3324 12148 2127 F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Joe LeBauer and Samuel LeBauer - Family relationship, Bob Klefer, Jr. and Joretta Klepfer - family relationship F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The 990 is prepared by the controller and tehn reviewed by our accounting firm. Once the review by our CPA firm is completed, it is presented to the treasurer of the Greensboro Symphony Orchestra, Inc. for his review dn signatrue. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The President/CEO has responsibility to review all contracts and transactions to insure that the provisions of the Conflict-of -Interest policy is complied with. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The President/CEO's employment contract and compensation is reviewed bythe Executive Committee and recommendtions are mde to the full board. The recommendations are voted on by the full board as stipulated in the by-laws for the Symphony. The executive committee uses information fromt eh Orchestra Compensation Report and the Orchestra Statistical Report which is prepared by the League of symphony Orchestras to review the compensation, duties and contract with the President/CEO. The Music Director's duties and contract and fees are reviewed by the Artistic committee comprised of board members, Smphony CEO and musicians. A survey is given to contract musicians and results are reviewed by the Executive Committee. The Orchestra Compensation Reports prepared annualy by Drew McManus are consulted for comparison guidelines. The reports are published each year and examine the compensation trends among orchestra executives, music directors, concertmasters, and base musicians at 76 profesional U.S. orchestras. The Music Director's contract is re-negotiated every three (3) years unless the contract is cancelled by either party according to clauses outlined in the contract. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Copies of the governing documents and financial statements are on file at the Greensboro Symphony Orchestra office at 200 N. Davie Street, Suite 301, Greensboro, NC 27401. Anyone requesting to review these documents can come by the office and do so. If written request is received and copies requested they would be provided as requested. F990_P11_S00_L05 Form 990, Part XI, Line 5 Our auditors restated the amount for Temporarily Restricted funds as of May 31, 2011 by $25,000. This amount was included in the total of assets released from time restrictions in FY 2011-2012. The Greensboro Symphony Endowment Fund 33 Starbridge Lane Greensboro NC 27408 561542010 GSO continuation & development NC 501(c)(3) 9 N/A 0 The Greensboro Symphony Guild P O Box 29224 Greensboro NC 27429 561461256 Music education NC 501(c)(3) 9 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 The Greensboro Symphony Endowment Fund r 153000 4% Average FMV - 12 quarters The Greensboro Symphony Guild r 60800