2011-03-14T16:58:04-05:00 2010-05-31 BDO USA LLP 700 NORTH PEARL ST SUITE 2000 DALLAS TX 75201 990 2009-06-01 751529851 DALLAS SYMPHONY FOUNDATION DALL 2148714000 2301 FLORA STREET SCHLEGEL ADMINIS SUITES DALLAS TX 75201 DONALD STONE 2011-02-02 true Laurie B Elmore CPA 2149697007 2009 2016-02-24 21:20:13Z DONALD STONE 2301 FLORA STREET SUITE 300 DALLAS TX 752012497 62196155 false X www.dallassymphony.com X FOUNDATION 1976 TX THE DALLAS SYMPHONY FOUNDATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, AND TO FURTHER THE PURPOSES OF THE DALLAS SYMPHONY ASSOCIATION. 29 29 0 0 289492 127339 0 0 -6123765 1571135 0 0 -5834273 1698474 4283723 4095342 0 0 0 0 0 0 0 266748 254633 4550471 4349975 -10384744 -2651501 83454996 92706477 4668020 3294315 78786976 89412162 THE PURPOSE OF THE DALLAS SYMPHONY FOUNDATION IS TO GENERATE FUNDS TO TRANSFER TO THE DALLAS SYMPHONY ASSOCATION (75-0705442), AN ORGANIZATION EXEMPT FROM TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). DURING THE YEAR ENDED MAY 31, 2009, THE GRANT TO THE ASSOCIATON FROM THE FOUNDATION WAS $4,283,723. false false 4096776 4095342 1698474 The purpose of the Dallas Symphony Foundation is to generate funds to transfer to the Dallas Symphony Association (75-0705442), an organization exempt from tax under Internal Revenue Code Section 501(c)(3). During the fiscal year ended May 31, 2009, the grant to the Association from the Foundation was $4,283,723. 4096776 true true false false false false false false true true true true false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false 29 29 false false true false false false false true true false false true true true true true true false false false X X RANDY LEISER VP OF FINANCE 2148714003 2301 FLORA STREET SUITE 300 DALLAS TX 752012497 X GREGG BALLEW X ERIC BENNETT X RICHARD FRELING X DOLORES BARZUNE X RONALD GAFFORD X HOWARD HALLAM X SCOTT HANCOCK X ARTHUR HOLLINGSWORTH X VJ HORGAN X HAL BRIERLEY X PHILIP JONSSON X YON JORDEN X HARRY MARTIN X MRS EUGENE MCDERMOTT X AMY GROFF X NANCY PENSON X ROY POPHAM X CHARLES PRICE X STANLEY RABIN X HOWARD RACHOFSKY X WILLIAM SCHILLING X CECE SMITH X WILL GREEN X DOUG ADAMS X DONALD STONE X MIKE MCCULLOUGH X BILLIe IDA WILLIAMSON X PETER BRUNDAGE X CHRISTOPHER MINNES X 0 false false false NFJ INVESTMENT GROUP 2121 SAN JACINTO SUITE 1480 DALLAS TX 75201 INVESTMENT MGMT FEE 100136 1 127339 127339 0 1145884 1145884 0 0 60922932 60497681 425251 425251 0 0 0 0 1698474 1145884 4095342 4095342 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FEES TO INVESTMENT MGRS 253199 0 253199 0 AMORT. GIFT ANNUITY 1434 1434 0 0 4349975 4096776 253199 0 X 231444 134818 1796918 1123649 1950000 1950000 1950000 37451174 40010066 41724516 49187000 300944 300944 83454996 92706477 4070985 2732090 582409 548567 14626 13658 4668020 3294315 X -3370722 -551355 10352438 18059425 71805260 71904092 78786976 89412162 83454996 92706477 X false true true X false X X X DALLAS SYMPHONY ASSOCIATION 750705442 09 true true true 4095342 1 4095342 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 82960932 125905 11899956 4095342 90891451 106541703 287993 -19585045 4283723 82960928 0.01000 0.79000 0.20000 false false 1950000 1950000 1950000 49187000 F 49187000 0 ANNUITY.NET 13658 13658 1698474 4349975 -2651501 13276687 13276687 10625186 14720528 13276687 -253199 13023488 1697040 1434 1434 1698474 4095342 4095342 253199 1434 254633 4349975 fees to investment managers Schedule D, Part XII, Line 2d investment income on the financial statements is a net number, i.e. investment income less related expenses is shown on the audit report. amortization of gift annuity Schedule D, Part Xii, Line 4b and Schedule D, Part XIII, Line 4b amortization of the annuity. FIN 48 DISCLOSURE SCHEDULE D, PART X, ITEM 2 THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COMPANY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSTIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECONCILITION FROM MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. MANAGEMENT BELIEVES THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS. true DALLAS SYMPHONY ASSOCIATION 2301 FLORA STREET SUITE 300 DALLAS TX 75206 750705442 501(c)(3) 4095342 FMV support 4095342 CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. A CONFLICT OF INTEREST QUESTIONNAIRE IS SENT OUT ANNUALLY TO EVERY MEMBER OF THE GOVERNING BODY. THE RESULTS ARE REVIEWED BY HUMAN RESOURCES AND FINANCE TO DETERMINE WHETHER THERE ARE ANY MEMBERS OF THE GOVERNING BODY WHO ARE NOT INDEPENDENT. TAX RETURN PREPARATION FORM 990, PART VI, SECTION A, LINE 11 THE FORM 990 IS PREPARED BY THE CONTROLLER, REVIEWED BY THE VICE PRESIDENT OF FINANCE AND THE PRESIDENT OF THE DALLAS SYMPHONY ASSOCIATION. THE FORM AND ALL SUPPORTING DOCUMENTS ARE PROVIDED TO THE TAX ACCOUNTANTS AT BDO USA, LLP FOR REVIEW AND ENTRY INTO THE EFILE SYSTEM. THE FORM 990 IS APPROVED BY THE DALLAS SYMPHONY ASSOCIATION AUDIT COMMITTEE (THE ASSOCIATION'S AUDIT COMMITTEE IS AUTHORIZED TO APPROVE THE 990). THE FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTOR OFFICERS FOR THEIR REVIEW PRIOR TO THE FILING OF THE 990. WHISTLE BLOWER POLICY FORM 990, PART VI, SECTION B, LINE 13 THE ORGANIZATION FOLLOWS THE WHISTLEBLOWER POLICY OF THE DALLAS SYMPHONY ASSOCIATION. DOCUMENT RETENTION FORM 990, PART VI, SECTION B, LINE 14 THE ORGANIZATION FOLLOWS THE DOCUMENT RETENTION AND DESTRUCTION POLICY OF THE DALLAS SYMPHONY ASSOCIATION. NO COMPENSATION FOR DIRECTORS FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY DIRECTORS. FINANCIAL STATEMENTS AVAILABLE FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANICAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE GUIDESTAR WEBSITE AND BY REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE VIA REQUEST. THE GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. PART VIII, LINE 1F RECONCILIATION PART VIII, LINE 1F RECONCILIATION FROM GENERAL LEDGER TO TAX RETURN: CONTRIBUTION PER GL 223,964 PMT ON PY PLEDGES (96,625) TOTAL 127,339 changes to org documents FORM 990; PART VI; SECTION A; LINE 4 On July 12, 2010, the Board of Directors of Dallas Symphony Foundation (the "Foundation") adopted a Restated Certificate of Formation and Amended and Restated Bylaws. The Restated Certificate of Formation was filed with the Secretary of State of Texas on October 6, 2010. The Restated Certificate of Formation and Amended and Restated Bylaws made the following significant changes: 1. Clarification of the Foundation's activities in furtherance of its exclusive purpose to support Dallas Symphony Association, Inc. ("DSA"). 2. Revision of the composition of the Foundation's Board of Directors, to provide that (i) a majority of the Foundation Board will be elected by the DSA Board, (ii) the remaining Foundation directors will be elected by the Foundation Board; and (iii) not more than 40% of the Foundation Board will consist of individuals serving on the DSA Executive Board. 3. Revision of the conflict of interest policy set forth in the Bylaws. 4. Revision of the procedures to amend the Restated Certificate of Formation and the Amended and Restated Bylaws, so that amendments no longer must be approved by the DSA Board, but the DSA President must be given prior notice of any proposed amendments. DALLAS SYMPHONY ASSOCIATION 2301 FLORA STREET SUITE 300 DALLAS TX 75201 750705442 MUSIC PRODCT TX 501(C)(3) 509(A)(2) false false false false false false false false false false false false false false true false false false DALLAS SYMPHONY ASSOCIATION O 4095342