2017-01-20T17:57:30-06:00 2016-06-30 271780668 HUBBARD DAVIS CPAS LLP 990 LAKE HUNTER CIRCLE STE 207 MOUNT PLEASANT SC 29464 990 2015-07-01 576000192 CHARLESTON SYMPHONY ORCHESTRA CHAR 8437237528 2133 N HILLSIDE DRIVE CHARLESTON SC 29407 MICHAEL A SMITH EXECUTIVE DIRECTOR 8437237528 2017-01-20 1 CAROL HUBBARD P00412970 8438813315 2017-01-20 2015 2021-01-29 14:40:06Z X MICHAEL A SMITH 2133 N HILLSIDE DRIVE CHARLESTON SC 29407 3633258 0 X WWW.CHARLESTONSYMPHONY.ORG X 1936 SC OUR VISION IS TO BE A WORLD-CLASS ORCHESTRA FOR A WORLD-CLASS CITY.THE MISSION OF THE CHARLESTON SYMPHONY ORCHESTRA IS TO INSPIRE AND ENGAGE OUR COMMUNITY THROUGH EXCEPTIONAL MUSICAL PERFORMANCES AND EDUCATIONAL PROGRAMS. WE WILL EDUCATE, CHALLENGE, AND INSPIRE STUDENTS THROUGH MUSICAL EXPERIENCES. 27 27 258 150 28245 -3768 0 1891129 0 1695984 0 17900 0 28245 0 3633258 0 0 0 0 0 2227634 0 0 276198 0 1348024 0 3575658 0 57600 2096025 2186552 1147573 1214406 948452 972146 X OUR MISSION IS TO INSPIRE AND ENGAGE OUR COMMUNITY THROUGH EXCEPTIONAL MUSICAL PERFORMANCES AND EDUCATIONAL PROGRAMS. WE WILL EDUCATE, CHALLENGE, AND INSPIRE STUDENTS THROUGH MUSICAL EXPERIENCES. OUR VISION IS TO BE A WORLD-CLASS ORCHESTRA FOR A WORLD-CLASS CITY.OUR VALUES:EXCELLENCE SETS US APART - WE SET AND MAINTAIN THE HIGHEST STANDARDS FOR OUR PEOPLE, OUR PERFORMANCES AND OUR EDUCATIONAL PROGRAMS. WE ENCOURAGE THE DEVELOPMENT OF OUR PEOPLE. WE CONTINUALLY STRIVE FOR EXCELLENCE IN ALL WE DO. ENGAGEMENT IS OUR NUMBER ONE COMMITMENT - WE WANT OUR MUSIC TO MAKE AN EMOTIONAL CONNECTION WITH OUR AUDIENCES. OUR AIM IS TO EVOKE A POSITIVE RESPONSE AT SOME LEVEL WHENEVER WE PERFORM. TRANSPARENCY DESCRIBES HOW WE COMMUNICATE - WE STRIVE TO HAVE OPEN, TRANSPARENT TWO-WAY COMMUNICATIONS BETWEEN OUR MUSICIANS, STAFF, AND BOARD OF DIRECTORS AS WELL AS WITH OUR DONORS AND PATRONS. WE STRIVE TO LISTEN AND UNDERSTAND EACH OTHER'S PERSPECTIVES AND RESPOND OPENLY ON ALL ISSUES. 0 0 2711445 1695984 FOUNDED IN 1936, THE CHARLESTON SYMPHONY ORCHESTRA (CSO) IS A PILLAR TO THE ARTS AND CULTURAL COMMUNITY OF CHARLESTON, SOUTH CAROLINA. THE CSO PERFORMS THROUGHOUT THE TRI-COUNTY AREA OF CHARLESTON, DORCHESTER, AND BERKELEY COUNTIES, PROVIDING HIGH-QUALITY PERFORMANCES OF SYMPHONIC, POPS AND CHAMBER MUSIC AS WELL AS INSPIRATIONAL EDUCATION AND OUTREACH PROGRAMS. THE 2015-2016 SEASON WAS REMARKABLE FOR THE CHARLESTON SYMPHONY ORCHESTRA WITH MANY MISSION HIGHLIGHTS AS WELL AS FINANCIAL SUCCESSES, HAVING COMPLETED A SIXTH CONSECUTIVE YEAR WITH AN OPERATING SURPLUS. THE CSO BEGAN THE SEASON PERFORMING FOR THE GRAND OPENING OF THE NEWLY RENOVATED AND WORLD-CLASS PERFORMANCE VENUE, THE GAILLARD CENTER. THE TIMING OF THE GRAND OPENING WAS OPPORTUNE IN THAT IT COINCIDED WITH THE INAUGURAL PERFORMANCE OF NEWLY APPOINTED MUSIC DIRECTOR, KEN LAM, AND SIGNALED A NEW ERA OF ARTISTIC LEADERSHIP FOR THE CSO. THE ORCHESTRA PERFORMED FOR A SOLD-OUT CENTER, AND HAD THE HONOR OF PERFORMING WITH LEGENDARY CELLIST, YO YO MA. WITH A NEWLY APPROVED STRATEGIC PLAN THAT INCLUDES A BOLD ARTISTIC VISION PAIRED WITH A DISCIPLINED FINANCIAL UNDERPINNING IN PLACE, THE CSO SET OUT TO INSPIRE AND ENGAGE ITS COMMUNITY. THE CSO PRODUCED TWO MAIN PERFORMANCE SERIES, MASTERWORKS (16 PERFORMANCES) AND POPS (6 PERFORMANCES). IN ADDITION, SEVERAL NEW INITIATIVES WERE IMPLEMENTED TO REACH DEEPER INTO THE COMMUNITY, INCLUDING A NEW YEAR'S EVE CONCERT AND GALA, THE ANNUAL HOLY CITY MESSIAH, A SEMI-STAGED OPERA IN COLLABORATION WITH THE PEABODY INSTITUTE, A POPS PERFORMANCE WITH THE GRAMMY AWARD WINNING, STEEP CANYON RANGERS AT THE NORTH CHARLESTON PERFORMING ARTS CENTER, AND A FINAL PERFORMANCE AS PART OF THE PICCOLO SPOLETO FESTIVAL AT VOLVO STADIUM WITH ACCLAIMED SINGER SONGWRITER, BEN FOLDS. IN AGGREGATE, THE CSO PERFORMED FOR OVER 50,000 PEOPLE DURING THE 15/16 SEASON. THE CSO FOR THE FIRST TIME IN ITS HISTORY LIVE STREAMED A MASTERWORKS PERFORMANCE THAT WAS ULTIMATELY VIEWED BY ALMOST 5,000 PEOPLE THROUGHOUT THE UNITED STATES AND ABROAD. EARNED REVENUE INCREASED BY OVER 70% YEAR OVER YEAR. IN ADDITION, THE CSO ACHIEVED AN INDUSTRY LEADING 50/50 SPLIT BETWEEN EARNED REVENUE AND CONTRIBUTED REVENUE. THE CSO HAS ESTABLISHED AND IS PROUD TO NURTURE A COLLABORATIVE WORKING ENVIRONMENT AMONGST BOARD, STAFF, MUSICIANS, AND THE CHARLESTON COMMUNITY. 377136 THE CSO CONTINUED ITS COMMITMENT TO EDUCATION IN TRI-COUNTY SCHOOLS BY PROVIDING EDUCATIONAL PROGRAMMING FOR OVER 120 SCHOOLS IN CHARLESTON, DORCHESTER, AND BERKELEY COUNTIES, REACHING OVER 21,000 STUDENTS, INVESTING $668,775 AND ABOUT ONE THIRD OF MUSICIANS' TIME TO EDUCATIONAL AND OUTREACH PROGRAMS.THE CSO CONTINUED ITS STRONG PARTNERSHIP WITH THE CHARLESTON SYMPHONY YOUTH ORCHESTRA PROVIDING STUDENT MUSICIANS WITH SECTIONAL COACHINGS AND SIDE-BY-SIDE EVENTS WITH CSO MUSICIANS AND MUSIC DIRECTOR, KEN LAM. THIS SEASON, TEN CSYO/CSO EVENTS WERE HELD WITH 62 STUDENT MUSICIANS AND THE PROFESSIONALS OF THE CSO.THE YOUNG PEOPLE'S CONCERTS WERE EXPANDED THIS SEASON TO INCLUDE GRADES 9-12 IN ADDITION TOK-8. IN NOVEMBER, 2,400 STUDENTS IN GRADES 6-12 ATTENDED TRAGEDY AND TRIUMPH, WHICH FEATURED MUSIC INSPIRED BY CLASSIC LITERATURE, HISTORY, AND MYTHOLOGY. THIS CONCERT INCLUDED PREMIERE PERFORMANCES OF NEW WORKS CREATED IN THE CSO'S COMPOSITION AND CRITIQUE PROGRAM AS WELL AS A RETURN SOLO PERFORMANCE OF 2015NATIONAL YOUNG ARTIST COMPETITION WINNER, DANNY JIN. OUR TWO CHAMBER MUSIC SERIES FOR FAMILIES, SALTWATER SOUNDS AT THE SC AQUARIUM AND STORY TIME AT THE MAIN LIBRARY, PRESENT FREE, KID-FRIENDLY CONCERTS TO FAMILIES WITH YOUNG CHILDREN. BOTH OF THESE SPECIAL EVENTS TEACH CHILDREN ABOUT THE INSTRUMENTS OF THE ORCHESTRA AND EVEN OFFER HANDS-ON EXPERIENCE AT THE INSTRUMENT PETTING ZOO, WHICH IS SPONSORED BY CSO AFFILIATE ORGANIZATION, THE CHARLESTON SYMPHONY ORCHESTRA LEAGUE , NEARLY 1,000 CHILDREN AND PARENTS ATTENDED ELEVEN PERFORMANCES THIS SEASON.IN JANUARY, 4,600 STUDENTS IN GRADES K-5 ATTENDED, THE ORCHESTRA MOVES, ANINTERACTIVE CONCERT IN WHICH STUDENTS PARTICIPATED BY SINGING, DANCING, AND PLAYING THE RECORDER ALONG WITH THE CSO. THIS "LINK UP" CONCERT WAS PRESENTED IN PARTNERSHIP WITH CARNEGIE HALL AND INCLUDED A TWO-HOUR PROFESSIONAL LEARNING WORKSHOP FOR EDUCATORS. IN TOTAL, 7,000 STUDENTS FROM 82 SCHOOLS ATTENDED THE YPCS, ALMOST 5,000 MORE THAN THE PREVIOUS YEAR.AS PART OF OUR MUSICIANS IN SCHOOLS PROGRAM, CSO MUSICIANS PERFORM AT PUBLIC AND PRIVATE SCHOOLS AT NO COST TO PARTICIPATING SCHOOLS. THESE ENGAGING PROGRAMS ARE MORE THAN JUST CONCERTS; STUDENTS LEARN ABOUT THE INSTRUMENTS AND HAVE TIME TO ASK QUESTIONS. AT THE BEGINNING OF THIS SEASON, OUR FIRST-EVER EDUCATION WEEK SENT SIX CSO CHAMBER ENSEMBLES TO 48 SCHOOLS, REACHING AN ASTOUNDING 11,415 STUDENTSIN JUST ONE WEEK. IN TOTAL, THE CSO HAS PROVIDED 136 PERFORMANCES AT 85 SCHOOLS, REACHING A COMBINED TOTAL OF 18,976 STUDENTS. THIS IS WELL OVER FIVE TIMES THE IMPACT OF THE CSO'S IN-SCHOOL PROGRAMS LAST YEAR, WHEN 3,200 STUDENTS WERE REACHED.THE CLASSICAL FUSION PROGRAM HAD CSO GUEST ARTISTS, PROJECT TRIO, PERFORM FOR TITLE I SCHOOLS, INTRODUCING STUDENTS TO CLASSICAL MUSIC BY FUSING IT WITH HIP-HOP AND POP MUSIC TO DEMONSTRATE WHAT A CAREER IN MUSIC IN THE 21ST CENTURY MIGHT LOOK LIKE. THIS PROGRAM REACHED 580 STUDENTS FROM SIX SCHOOLS IN MARCH.COMPOSITION AND CRITIQUE LEADS STUDENTS TO DISCOVER PARALLELS BETWEEN LITERARY WRITINGAND MUSIC COMPOSITION. STUDENT COMPOSERS FROM THE COLLEGE OF CHARLESTON ASSIST PARTICIPANTS WITH COMPOSING MUSIC TO REPRESENT A FICTIONAL STORY. THE NEW WORKS FROM THIS PROGRAM WERE PREMIERED AT THE YOUNG PEOPLE'S CONCERT. THIS YEAR, 68 "STUDENT COMPOSERS" PARTICIPATED FROM THREE DIFFERENT TITLE I SCHOOLS.THE NATIONAL YOUNG ARTISTS COMPETITION SPONSORED BY PEPSICO CHALLENGED TOP-TIER YOUNG MUSICIANSFROM ACROSS THE NATION TO COMPETE FOR CASH PRIZES AND A CHANCE TO PERFORM WITH THECSO. NINETY APPLICATIONS WERE RECEIVED FROM 31 STATES, AND 11 FINALISTS COMPETED IN APRIL.THE CSO AIMS TO REACH A LARGE AND INCREASING NUMBER OF STUDENTS EACH YEAR, BUT, MORE IMPORTANTLY, WE MEASURE SUCCESS BY HOW OUR IMPACT IS SUSTAINED OVER TIME THROUGH REPEAT INTERACTIONS. THIS SEASON, CSO EDUCATION REACHED 21,473 INDIVIDUALS WITH 30,399 UNIQUE INTERACTIONS. OUT OF 132 PARTICIPATING SCHOOLS, 60% ENGAGED IN TWO OR MORE CSO PROGRAMS, UP FROM JUST 25% LAST YEAR, WHICH IS EVIDENCE THAT THE CSO IS COMMITTED TO BEING MORE CONTINUALLY PRESENT IN THE LIVES OF YOUNG PEOPLE.THE CSO IS ALSO PROVIDING NEW PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR TRI-COUNTY K-12 EDUCATORS. LED BY CSO MUSIC DIRECTOR KEN LAM AND/OR CSO DIRECTOR OF EDUCATION, DR. JANICE CREWS, THESE WORKSHOPS FOCUS ON COLLABORATION IN MUSIC, ARTS INTEGRATION, STRING TECHNIQUES, CONDUCTING, AND THE YOUNG PEOPLE'S CONCERT CURRICULUM. THIS SEASON, 166 TEACHERS FROM 109 SCHOOLS PARTICIPATED IN 10 DISTRICT- ACCREDITED PROFESSIONAL LEARNING WORKSHOPS PROVIDED BY THE CSO. THE CSO HAS DOUBLED THE IMPACT OF LAST SEASON WITH OVER 21,400 INDIVIDUALS REACHED IN OVER 30,000 UNIQUE INTERACTIONS. 3088581 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 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 1 0 0 0 1 64 0 258 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 0 0 1 1 0 SC X X MICHAEL SMITH 8437237528 2133 N HILLSIDE DRIVE CHARLESTON SC 29407 CYNTHIA HARTLEY PRESIDENT 6.00 X X 0 0 0 ROY OWEN DIRECTOR 1.00 X 0 0 0 ROBERT PEARCE DIRECTOR 1.00 X 0 0 0 JAMES RAVENEL DIRECTOR 1.00 X 0 0 0 W BRATTON RILEY DIRECTOR 1.00 X 0 0 0 BYRON STAHL DIRECTOR 1.00 X 0 0 0 JERRY THEOS DIRECTOR 1.00 X 0 0 0 MICHAEL MOODY TREASURER & VP OF FINANCE 6.00 X X 0 0 0 EDWARD HART VICE PRESIDENT, ARTISTIC 2.00 X X 0 0 0 ROGERS STEEL VICE PRESIDENT, DEVELOPMENT 2.00 X X 0 0 0 PAUL HILSTAD VICE PRESIDENT, NOMINATING & GOVERNANCE 2.00 X X 0 0 0 JUDY CHITWOOD DIRECTOR 1.00 X 0 0 0 DR WILLIAM COOK DIRECTOR 1.00 X 0 0 0 ELLEN CLAUSSEN DAVIS SECRETARY 1.00 X X 0 0 0 JULIE FENIMORE DIRECTOR 1.00 X 0 0 0 ANDREA GILLIARD DIRECTOR 1.00 X 0 0 0 CLYDE HIERS DIRECTOR 1.00 X 0 0 0 PFREDERICK KAHN DIRECTOR 1.00 X 0 0 0 BECKY HILSTAD DIRECTOR 1.00 X 0 0 0 MARY AGNES BURNHAM HOOD DIRECTOR 1.00 X 0 0 0 ANN HURD THOMAS DIRECTOR 1.00 X 0 0 0 PHYLLIS MILLER DIRECTOR 1.00 X 0 0 0 ROBERT SCHLAU DIRECTOR 1.00 X 0 0 0 JAMES BRAUNREUTHER DIRECTOR 1.00 X 0 0 0 KEVIN GARVEY DIRECTOR 1.00 X 0 0 0 MICHAEL SMITH EXECUTIVE DIRECTOR 60.00 X 111351 0 0 DAVID H MAYBANK JR DIRECTOR 1.00 X 0 0 0 ELLEN DRESSLER MORYL DIRECTOR 1.00 X 0 0 0 111351 0 0 1 0 0 0 CHARLESTON GAILLARD MANAGEMENT CORPORATI 2133 N HILLSIDE DRIVE CHARLESTON SC 29407 TICKET SALES 116822 1 170200 126253 1594676 1891129 CONCERT REVENUE 711130 1363556 1363556 0 SOLD SERVICES REVENUE 711130 332428 332428 0 1695984 17900 17900 PROGRAM ADVERTISING 541800 28245 28245 28245 3633258 1695984 28245 17900 X 104876 41950 31463 31463 1792527 1582632 53208 156687 26638 22868 1289 2481 157643 136572 15186 5885 145950 128322 6640 10988 30885 30885 465718 465718 319198 274434 44764 24950 16010 8940 16026 16026 73038 64031 1009 7998 5500 5500 11948 11948 14931 14931 CONCERT HALL RENTAL 115060 115060 PRODUCTION COST 61276 61276 BOX OFFICE 57503 57503 MUSIC RENTAL 47633 47633 104358 59625 37741 6992 3575658 3088581 210879 276198 801471 876298 415320 400992 472357 485752 693 0 29854 63208 156930 115102 53570 41828 322760 318474 2096025 2186552 166110 97618 605018 754644 22073 17134 354372 345010 1147573 1214406 X 502540 497700 320712 349246 125200 125200 948452 972146 2096025 2186552 57600 -33906 0 X 0 1 X 1 0 X 1573000 1684823 1912838 1993041 1658944 8822646 674824 883591 891786 970544 1695984 5116729 2247824 2568414 2804624 2963585 3354928 13939375 113907 97452 118342 124810 162202 616713 0 113907 97452 118342 124810 162202 616713 13322662 38007 6676 55899 60830 17900 179312 38007 6676 55899 60830 17900 179312 505 16192 13918 46905 98228 175748 2286336 2591282 2874441 3071320 3471056 14294435 0.93200 0.01250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 411336 25000 -16006 14789 4549 400992 377682 25200 11475 3021 411336 324952 56285 3555 377682 270623 25000 32366 3037 324952 434821 -10389 150000 3809 270623 0.74000 0.26000 1 0 156930 115102 41828 41828 NONDEPRECIABLE ASSETS 318474 318474 X 3599352 -33906 -33906 3633258 0 3633258 3575658 0 3575658 0 3575658 PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD PROVIDES GUIDANCE ON THE SYMPHONY'S EVALUATION OF ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS. MANAGEMENT HAS EVALUATED THE SYMPHONY'S TAX POSITION AND CONCLUDED NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT EXIST. FORM 990, PART VI, SECTION B, LINE 11 THE FULL BOARD OF DIRECTORS, EXECUTIVE DIRECTOR AND SEPARATELY THE AUDIT AND FINANCE COMMITTEE OF THE CHARLESTON SYMPHONY ORCHESTRA ARE GIVEN AN ALLOTED TIME TO REVIEW THE FORM 990 BEFORE IT IS FILED. ANY CHANGES NOTED DURING THE REVIEW PERIOD ARE MADE PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR OFFICERS AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AND SIGN AN ASSURANCE TO THAT EFFECT. ANY CONFLICTS SO DISCLOSED ARE INVESTIGATED AND RESOLVED. DURING THE YEAR, IF ANY OTHER CONFLICTS ARE MADE AWARE TO THE BOARD AND MANAGEMENT, THEY WOULD PURSUE AND RESOLVE THOSE ISSUES WITH THE OFFICER OR BOARD MEMBER IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15 THE CHARLESTON SYMPHONY ORCHESTRA DOES NOT COMPENSATE ANY OFFICERS OR DIRECTORS, EXCEPT FOR THE EXECUTIVE DIRECTOR. EMPLOYEE COMPENSATION IS REVIEWED ANNUALLY IN CONJUNCTION WITH THE OPERATING BUDGET PROCESS, WHICH IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE CHARLESTON SYMPHONY ORCHESTRA PROVIDES ACCESS TO ITS FORM 1023 UPON REQUEST AND FORM 990 IS POSTED ON ITS WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 EACH YEAR OFFICERS AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AND SIGN AN ASSURANCE TO THAT EFFECT. ANY CONFLICTS SO DISCLOSED ARE INVESTIGATED AND RESOLVED. DURING THE YEAR, IF ANY OTHER CONFLICTS ARE MADE AWARE TO THE BOARD AND MANAGEMENT, THEY WOULD PURSUE AND RESOLVE THOSE ISSUES WITH THE OFFICER OR BOARD MEMBER IN QUESTION. FORM 990, PART IX, LINE 11G ARTIST RELATED COST: PROGRAM SERVICE EXPENSES 274,937. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 274,937. GUEST ARTIST: PROGRAM SERVICE EXPENSES 190,781. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 190,781. CHARLESTON SYMPHONY ORCHESTRA LEAGUE INC PO BOX 22613 CHARLESTON SC 29413 542133879 FUNDRAISING FOR CSO SC 501(C)(3) LINE 9 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CHARLESTON SYMPHONY ORCHESTRA LEAGUE INC C 170200 FAIR VALUE