2024-06-07T16:03:52-05:00 2023-07-31 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2022-08-01 756004761 FORT WORTH SYMPHONY ORCHESTRA ASSOCIATION FORT 8176656500 330 EAST 4TH STREET 200 FORT WORTH TX 76102 KEITH CERNY PRESIDENT & CEO 8176656500 2024-06-07 1 KEITH CERNY 999009999 1 MATTHEW PETROSKI P00853132 9726611843 2024-06-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEITH CERNY 330 EAST 4TH STREET 200 FORT WORTH TX 76102 13965202 0 X WWW.FWSYMPHONY.ORG X 1929 TX PERFORM GREAT SYMPHONIC MUSIC TO EDUCATE, ENTERTAIN, AND ENHANCE LIFE. 57 56 439 108 0 0 7713439 8485766 3972926 4390598 874060 720388 0 0 12560425 13596752 0 0 0 0 8712957 9101887 0 0 822849 5330919 6267240 14043876 15369127 -1483451 -1772375 34443355 35110015 1949009 2866711 32494346 32243304 X SEE SCHEDULE O-TO PERFORM GREAT SYMPHONIC MUSIC AT THE HIGHEST LEVEL OF ARTISTIC EXCELLENCE TO EDUCATE, ENTERTAIN, AND ENHANCE CULTURAL LIFE.-TO PRESENT ENGAGING MUSIC EDUCATION PROGRAMS FOR YOUNG PEOPLE TO FOSTER EARLY INTEREST IN AND INSPIRE LIFELONG ENJOYMENT OF MUSIC. -TO ACHIEVE EVER-GREATER LEVELS OF ARTISTIC ACCOMPLISHMENT AND LEADERSHIP IN FORT WORTH AND ACROSS THE NATION. 0 0 10661666 4089028 ORCHESTRAL PRODUCTIONS -- 33 SYMPHONIC, 24 POPS, 11 SUMMER MUSIC FESTIVAL, 3 FAMILY, AND 3 CHAMBER PERFORMANCES WITH AN ATTENDANCE OF APPROXIMATELY 77,000. 1881470 301570 EDUCATIONAL PROGRAMS -- FWSO EDUCATION AND COMMUNITY PROGRAMS PROVIDE STUDENTS OF ALL AGES, BACKGROUND, AND SKILL LEVELS ACCESS TO THE BENEFITS OF SYMPHONIC MUSIC IN AN INNOVATIVE AND ENGAGING MANNER. DURING THE SEASON FWSO REACHED APPROXIMATELY 35,000 STUDENTS IN PERSON. 12543136 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 117 0 1 439 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 57 56 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 8176656500 330 EAST 4TH STREET SUITE 200 FORT WORTH TX 761024019 KEITH CERNY PRESIDENT & CEO 40.00 X X 272451 0 21120 MERCEDES T BASS CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 J W WILSON TREASURER 1.00 X X 0 0 0 MOLLIE L LASATER SECRETARY 1.00 X X 0 0 0 MARIANNE AULD CHAIRMAN OF THE EXECUTIVE 1.00 X X 0 0 0 AMY ROACH BAILEY DIRECTOR 1.00 X 0 0 0 CONNIE BECK DIRECTOR 1.00 X 0 0 0 ASHLI BLUMENFELD DIRECTOR 1.00 X 0 0 0 VICTOR J BOSCHINI JR DIRECTOR 1.00 X 0 0 0 ANNE MARI BRATTON DIRECTOR 1.00 X 0 0 0 KAREN BURCHFIELD DIRECTOR 1.00 X 0 0 0 BRENDA CLINE DIRECTOR 1.00 X 0 0 0 GAIL COOKE DIRECTOR 1.00 X 0 0 0 BARBARA A COX DIRECTOR 1.00 X 0 0 0 JUANA-ROSA DANIELL DIRECTOR 1.00 X 0 0 0 MITZI DAVIS DIRECTOR 1.00 X 0 0 0 DR ASAD DEAN DIRECTOR 1.00 X 0 0 0 DR JEFFREY G DETWEILER DIRECTOR 1.00 X 0 0 0 VANCE A DUFFY DIRECTOR 1.00 X 0 0 0 DR JENNIFER FREEMAN DIRECTOR 1.00 X 0 0 0 CHARLOTTE FRENCH DIRECTOR 1.00 X 0 0 0 JOAN E FRIEDMAN DIRECTOR 1.00 X 0 0 0 TERA GARVEY DIRECTOR 1.00 X 0 0 0 GAIL ARONOFF GRANEK DIRECTOR 1.00 X 0 0 0 GENIE GUYNN DIRECTOR 1.00 X 0 0 0 DOTTY HALL DIRECTOR 1.00 X 0 0 0 LEE HALLMAN DIRECTOR 1.00 X 0 0 0 KATHLEEN HICKS DIRECTOR 1.00 X 0 0 0 AARON HOWARD DIRECTOR 1.00 X 0 0 0 KIM JOHNSON DIRECTOR 1.00 X 0 0 0 DEE J KELLY JR DIRECTOR 1.00 X 0 0 0 TERESA KING DIRECTOR 1.00 X 0 0 0 ANTONIA PRYOR LEAVITT DIRECTOR 1.00 X 0 0 0 MARY HART LIPSCOMB DIRECTOR 1.00 X 0 0 0 MISTY LOCKE DIRECTOR 1.00 X 0 0 0 MICHELLE MARLOW DIRECTOR 1.00 X 0 0 0 LOUELLA MARTIN DIRECTOR 1.00 X 0 0 0 PRISCILLA W MARTIN DIRECTOR 1.00 X 0 0 0 COLIN MCCONNELL DIRECTOR 1.00 X 0 0 0 DR STUART D MCDONALD DIRECTOR 1.00 X 0 0 0 ELLEN MESSMAN DIRECTOR 1.00 X 0 0 0 DR TILL MACIVOR MEYN DIRECTOR 1.00 X 0 0 0 ERIN MOSELEY DIRECTOR 1.00 X 0 0 0 DON C PLATTSMIER DIRECTOR 1.00 X 0 0 0 DANA PORTER DIRECTOR 1.00 X 0 0 0 JEAN ROACH DIRECTOR 1.00 X 0 0 0 HENRY H ROBINSON DIRECTOR 1.00 X 0 0 0 JUDE RYAN DIRECTOR 1.00 X 0 0 0 ALANN BEDFORD SAMPSON DIRECTOR 1.00 X 0 0 0 JEFF SCHMELTEKOPF DIRECTOR 1.00 X 0 0 0 DAN SIGALE DIRECTOR 1.00 X 0 0 0 KAL SILVERBERG DIRECTOR 1.00 X 0 0 0 THOMAS L SMITH DIRECTOR 1.00 X 0 0 0 KATHLEEN B STEVENS DIRECTOR 1.00 X 0 0 0 CLARE STONESIFER DIRECTOR 1.00 X 0 0 0 JONATHAN T SUDER DIRECTOR 1.00 X 0 0 0 CARLA KEMP THOMPSON DIRECTOR 1.00 X 0 0 0 BENNETT CEPAK VP FINANCE & CFO (THRU 03/23) 40.00 X 150571 0 13788 SHELBY LEE VP FINANCE & CFO (AS OF 03/23) 40.00 X 0 0 0 ROBERT SPANO MUSIC DIRECTOR 40.00 X 301462 0 3663 CARRIE ELLEN ADAMIAN CHIEF MARKETING OFFICER 40.00 X 150202 0 6166 MEAGAN HEMENWAY VP OF DEVELOPMENT 40.00 X 144635 0 3572 MICHAEL SHIH CONCERTMASTER 40.00 X 114658 0 9234 JACQUE CARPENTER VP OF HUMAN RESOURCES 40.00 X 100393 0 728 1234372 0 58271 7 0 1 0 ONSTAGE SYSTEMS 8721 FORNEY RD DALLAS TX 75227 AUDITORIUM EQUIPMENT AND STAGE SETUP 245774 MOGO MARKETING & MEDIA LLC 21 TAMAL VISTA BLVD SUITE 207 CORTE MADERA CA 94925 MARKETING SERVICES 214275 OPUS 3 ARTISTS LLC 250 WEST 24TH STREET SUITE 313 NEW YORK NY 10119 TOURING SERVICES 213000 GREENBERG ARTIST 36 BENDER WAY FOUND RIDGE NY 10576 GUEST ARTIST SERVICES 179138 MARRIOTT BUSINESS SERVICES 7750 WISCONSIN AVE BETHSEDA MD 20814 FUNDRAISING SERVICES 118455 10 815024 7670742 409555 8485766 SINGLE TICKET SALES 711130 2444628 2444628 SUBSCRIPTION CONCERTS 711130 1160250 1160250 EDUCATIONAL CONCERTS 711130 301570 301570 HANDLING, FACILITY, PA 711130 289887 289887 ENGAGEMENT FEES 711130 194263 194263 4390598 720388 720388 368450 815024 368450 0 13596752 4390598 0 720388 767087 315220 451072 795 6636317 5579236 669822 387259 369588 311723 40476 17389 1264330 1081384 122844 60102 64565 54456 7071 3038 11233 11233 68374 68374 121534 121534 60957 26669 21366 12922 732388 633856 61398 37134 660528 223101 328071 109356 8468 3705 2968 1795 60459 26451 21191 12817 1031 1031 135864 46241 67217 22406 PRODUCTION EXPENSES 3583469 3583469 HALL RENTAL 657625 657625 DEVELOPMENT 157836 157836 COVID HEALTH AND SAFETY 7474 7474 15369127 12543136 2003142 822849 2631134 76659 298500 2630525 25833 53314 760845 565253 2067498 1616821 298226 450677 28958009 29391128 1470808 1942459 34443355 35110015 490214 959103 1458795 1255230 150000 0 502378 1949009 2866711 X 1182280 -812203 31312066 33055507 32494346 32243304 34443355 35110015 X -1772375 1541124 -19791 X 0 1 X 1 0 X 3041880 4134961 12531042 7713439 8485766 35907088 3041880 4134961 12531042 7713439 8485766 35907088 16452202 19454886 584735 518739 531819 874060 720388 3229741 106480 104038 210518 39347347 18040861 0.49440 0.42820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28958009 2100 2093019 1662000 29391128 32708721 9851 -2230563 1530000 28958009 25202888 1706716 7040020 1240903 32708721 24551057 500000 1534565 1382734 25202888 26275163 -534241 25740922 0.00000 0.87040 0.12960 0 0 16138 15868 270 709805 488772 221033 1341555 1112181 229374 450677 BENEFICIAL INTEREST IN TRUST 1451017 RIGHT-OF-USE ASSET 491442 1942459 LEASE LIABILITIES 502378 502378 X 14996551 1541124 -19791 1521333 13475218 121534 121534 13596752 15247593 0 15247593 121534 121534 15369127 PART V, LINE 4: THE ENDOWMENT PROVIDES FOR THE ORCHESTRA'S FUTURE BY BUILDING AN ENDOWMENT WHICH WILL SUPPLEMENT THE ORCHESTRA'S ANNUAL INCOME IN PERPETUITY. PART X, LINE 2: THE SYMPHONY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. THE SYMPHONY'S ESTIMATE OF THE POTENTIAL OUTCOME OF ANY UNCERTAIN TAX ISSUES IS SUBJECT TO MANAGEMENT'S ASSESSMENT OF RELEVANT RISKS, FACTS, AND CIRCUMSTANCES EXISTING AT THAT TIME. THE SYMPHONY USES A MORE LIKELY THAN NOT THRESHOLD FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TO THE EXTENT THAT THE SYMPHONY'S ASSESSMENT OF SUCH TAX POSITION CHANGES, THE CHANGE IN ESTIMATE IS RECORDED IN THE PERIOD IN WHICH THE DETERMINATION IS MADE. THE SYMPHONY REPORTS TAX-RELATED INTEREST AND PENALTIES, IF APPLICABLE, AS A COMPONENT OF INCOME TAX EXPENSE, AS INCURRED. AS OF JULY 31, 2023 AND 2022, NO UNCERTAIN TAX POSITIONS HAVE BEEN IDENTIFIED BY MANAGEMENT AND, THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: BENEFICIAL INTEREST IN TRUST -19,791. ANNUAL GALA 1147974 801406 346568 63890 8400 19143 125000 130135 OPENING NIGHT 35500 13618 21882 21882 1183474 815024 368450 63890 8400 41025 125000 130135 368450 0 X X X X 0 0 0 0 0 0 0 1 0 ROBERT SPANO MUSIC DIRECTOR 301462 0 0 0 0 0 0 0 3663 0 305125 0 0 0 KEITH CERNY PRESIDENT & CEO 249951 0 22500 0 0 0 11650 0 9470 0 293571 0 0 0 BENNETT CEPAK VP FINANCE & CFO (THRU 03/23) 138071 0 12500 0 0 0 4525 0 9263 0 164359 0 0 0 CARRIE ELLEN ADAMIAN CHIEF MARKETING OFFICER 136202 0 14000 0 0 0 0 0 6166 0 156368 0 0 0 PART I, LINE 7 THE ORGANIZATION PROVIDED A DISCRETIONARY BONUS TO ITS EMPLOYEES TO RECOGNIZE THEIR EXCEPTIONAL PERFORMANCE AND COMMITMENT TO THE SUCCESS OF THE ORGANIZATION. X 5 284699 FMV X AUCTION ITEMS 3 63890 FMV X HOTEL 1 25000 FMV X AIR MILES FOR USE BY GUEST ARTISTS 6 20896 FMV X CATERING 1 15000 FMV X OFFICE SUPPLIES 1 70 FMV 0 0 0 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 2 1) HENRY ROBINSON, DIRECTOR; DEE J. KELLY, JR, DIRECTOR; MARIANNE AULD, DIRECTOR - PARTNERS IN THE LAW FIRM OF KELLY, HART AND HALLMAN, ATTORNEYS 2) JEAN ROACH, DIRECTOR; AMY ROACH, DIRECTOR - FAMILY MEMBERS 3) RON DANIELL, DIRECTOR; JUANNA ROSA DANIELL - FAMILY MEMBERS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY MANAGEMENT OF THE FWSO WITH THE ASSISTANCE FROM ITS INDEPENDENT TAX ADVISORS. THE FINANCE COMMITTEE OF THE BOARD RECEIVES THE DRAFT FORM 990 AND REVIEWS FOR ACCURACY. AFTER ANY CHANGES ARE MADE, THE COMMITTEE APPROVES THE FORM BEFORE IT IS SUBMITTED TO THE IRS. A COMPLETED COPY IS PROVIDED TO THE BOARD MEMBERS AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS RECEIVE CONFLICT OF INTEREST FORMS TO BE SIGNED AND SUBMITTED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRMAN OF THE BOARD REVIEWS THE PERFORMANCE AND COMPENSATION FOR THE PRESIDENT AND CEO ANNUALLY USING COMPARABLE DATA FROM OTHER INDEPENDENT PERFORMING ARTS INSTITUTIONS AND THE WRITTEN CONTRACT WHICH WAS APPROVED BY THE BOARD. THE PRESIDENT AND CEO REVIEWS SALARIES FOR KEY MANAGEMENT EMPLOYEES WITH THE BOARD CHAIR. THE COMPENSATION PROCESS FOR THE PRESIDENT AND CEO WAS LAST CONDUCTED IN DECEMBER 2021. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE AT THE GUIDESTAR WEBSITE OR AVAILABLE UPON REQUEST TO THE ASSOCIATION. GOVERNING DOCUMENTS, CONFLICTS OR INTERST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE FORM 990 AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: BENEFICIAL INTEREST IN TRUST -19,791.