NEW WORLD SYMPHONY INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- NEW WORLD SYMPHONY INC (EIN 59-2809056)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-10
- IRS object ID
- 201301309349301625
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-10T10:47:56-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCUM LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE SE THIRD AVENUE 10TH FLOOR | AddressLine1 |
| City | MIAMI | City |
| State | FL | State |
| ZIP Code | 33131 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592809056 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW WORLD SYMPHONY INC | BusinessNameLine1 |
| Business Name Line2 | C/O DAVID PHILLIPS | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % DAVID PHILLIPS | InCareOfName |
| Name Control | NEWW | NameControl |
| Phone | 3054286700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 17TH STREET | AddressLine1 |
| City | MIAMI BEACH | City |
| State | FL | State |
| ZIP Code | 33139 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID PHILLIPS | Name |
| Title | SR VP & CFO | Title |
| Phone | 3059959600 | Phone |
| Date Signed | 2013-04-22 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3059959600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DAVID PHILLIPS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 17TH STREET | AddressLine1 |
| City | MIAMI BEACH | City |
| State | FL | State |
| ZIP Code | 33139 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 25369736 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.nws.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1987 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | THE NEW WORLD SYMPHONY, AMERICA'S ONLY FULL-TIME ORCHESTRAL ACADEMY, PREPARES GIFTED GRADUATES OF PRESTIGIOUS MUSIC PROGRAMS FOR SUCCESSFUL CAREERS IN ORCHESTRAS AND ENSEMBLES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 34 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 31 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 142 | TotalNbrVolunteers |
| Total Gross UBI | -483341 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -778925 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 13468936 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 12522904 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1976280 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1640779 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5653222 | InvestmentIncomePriorYear |
| Investment Income Current Year | 939867 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1918319 | OtherRevenuePriorYear |
| Other Revenue Current Year | -621783 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 23016757 | TotalRevenuePriorYear |
| Total Revenue Current Year | 14481767 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1494582 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1456619 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1235657 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1476297 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1368091 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 14172387 | OtherExpensePriorYear |
| Other Expenses Current Year | 15932489 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 16902626 | TotalExpensesPriorYear |
| Total Expenses Current Year | 18865405 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6114131 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -4383638 | RevenuesLessExpensesCY |
| Total Assets BOY | 260432983 | TotalAssetsBOY |
| Total Assets EOY | 265582074 | TotalAssetsEOY |
| Total Liabilities BOY | 31245458 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 41461289 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 229187525 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 224120785 | NetAssetsOrFundBalancesEOY |
| Mission Description | The New World Symphony, America's only full-time orchestral academy, prepares gifted graduates of distinguished music programs for leadership roles in orchestras and ensembles throughout the world. Organization Overview: The New World Symphony (NWS), America's orchestral academy, offers a three-year postgraduate fellowship program of multidisciplinary training in musical technique, performance, audience development, and community engagement activities. Each year, NWS recruits an average of 100 artists and professionals in the field for residencies as visiting faculty to mentor, coach, and/or perform with the Fellows. These include some of the world's leading conductors, composers and soloists, as well as professionals representing a wide range of music-related disciplines who work with Fellows in areas such as community engagement, performance psychology, musician health, and arts administration. Organization Activities: The NWS fellowship program offers an experiential curriculum invo | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 11606624 | Expense |
| Grants | 1456619 | Grants |
| Description | Artistic Programming: A unique laboratory for musical expression, the New World Symphony (NWS) is shaping the future of classical music performance and presentation using the advanced technologies of its new campus, the Frank Gehry-designed New World Center. NWS challenges the traditional concert scenario, creating new audiences by breaking down barriers to classical music, and generating new ideas about the way music is taught, presented, and experienced. While preparing highly-gifted graduates of distinguished music programs for leadership roles in orchestras and ensembles around the world, NWS has become an international cultural hub where ideas about music, architecture, and art intersect. NWS is dedicated to the artistic, personal, and professional development of outstanding instrumentalists. This Fellowship program provides gifted young musicians with intensive post-graduate training, modeled after the demands of a professional orchestra. Fellows have the opportunity to enhance their education with the finest professional preparation through a wide range of performance and instructional activities. Under the artistic direction of NWS Founder Michael Tilson Thomas, NWS Fellows and nearly 80,000 residents and tourists in this region enjoy in-depth exposure to traditional and modern repertoire, with the active involvement of leading guest conductors, soloists, and coaches. The relationships with these artists are extended through NWS' pioneering experimentation with distance learning via Internet2. Co-founded in 1987 by Michael Tilson Thomas and Ted Arison, the New World Symphony is celebrating its 25th Anniversary having launched the careers of more than 800 musicians. In North America, they are members of such ensembles as the Boston Symphony, Cleveland Orchestra, Los Angeles Philharmonic, National Symphony in Washington, D.C., Metropolitan Opera Orchestra, and the San Francisco Symphony. Their placement in foreign orchestras includes symphonies and chamber orchestras in Germany, China, Hong Kong, France, and Spain. In addition, many NWS musicians have chosen career paths in chamber music, music education, and arts management. New World Symphony's fellowship program consists of an immersive curriculum of instructional and performance activities designed to expand the musical and professional horizons of NWS Fellows beyond music school and conservatory training. Over the course of the 35-week season, a visiting faculty of more than 150 artists and professionals in the field offer master classes, coaching, and private lessons, as well as advanced classes specializing in topics such as Audition Training and Performance Psychology, Performance Opportunities, and training in Communications and Community Engagement. The development training and professional insight offered to NWS Fellows culminates in weekly concert presentations, offering South Florida audiences access to diverse repertoire in an array of performance formats. The Greater Miami community benefits from some 80 concert and educational events, ranging from full orchestra performances to lectures by NWS Fellows on a variety of topics. Over 25% of all NWS programming is offered free to the public, and thousands of residents and tourists enjoy attending NWS WALLCAST performances in Miami Beach's SoundScape. Since its inaugural concert on February 4, 1988, the New World Symphony has been heard in such prestigious venues as New York's Carnegie Hall and Avery Fisher Hall, London's Barbican Centre, Paris' Bastille Opera and Argentina's Teatro Colon. NWS has made seven recordings to date. Most recently, as part of its Great Performances series, PBS aired The Thomashefskys: Music and Memories of a Life in the Yiddish Theater on March 29, 2012. This special performance was recorded in April 2011 at the New World Center and features Michael Tilson Thomas conducting the NWS. In 2011, the New World Symphony moved from the historic Lincoln Theatre into the New World Center, a campus and concert hall designed by Pritzker Prize-winning architect Frank Gehry. Conceived as a laboratory, New World Center was built based upon the needs of NWS programming and features numerous rehearsal and performance spaces, a flexible and variable seating performance hall, and a 7,000 square foot projection wall on which concerts, video art, and films are shown free of charge. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3204412 | Expense |
| Revenue | 1640779 | Revenue |
| Description | Orchestral Training: NWS offers postgraduate fellowships for 86 positions - violin (26), viola (10), cello (9), bass (7), flute (3), oboe (3), clarinet (3), bassoon (3), horn (5), trumpet (3), trombone (2), bass trombone (1), tuba (1), timpani (1), percussion (4), harp (1), piano (1), conducting (1), audio engineering (1), and library (1). In a highly competitive process, approximately 30 gifted young musicians are selected annually from 1,200 applicants to participate in NWS' postgraduate fellowship program. NWS Fellows are music graduates from top universities and conservatories, meeting NWS' undergraduate degree requirement at a minimum, although many hold postgraduate degrees in music. NWS Fellowships are awarded on a season-to-season basis for up to three seasons, and the package of benefits includes a weekly stipend; a grant for relocation assistance; instrument loans; and free private accommodations at furnished apartments in nearby NWS-owned facilities. NWS' advanced professional development program helps Fellows to further cultivate the full complement of skills and qualifications required of successful 21st century musicians. During the 2011-12 Season, 25 NWS Fellows won orchestral positions in such institutions as the St. Louis, Charleston, Ft. Worth, Detroit, Bergen (Norway) and Richmond symphonies, and the Kennedy Center Opera House, New York City Ballet, Houston Grand Opera, and Manchester Camerata Chamber orchestras. Additionally, this past season saw 10 NWS alumni win new positions. For the past five years, a seasonal average of 24 Fellows have won jobs in orchestras and ensembles worldwide. Having risen from an average of 15 in 2000, this metric is especially impressive given the recession-driven reduction in the number of job openings in professional ensembles. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 144203 | Expense |
| Description | Audience Development and Community Engagement: The artistic and educational activities associated with the professional development aspect of NWS' fellowship program are complemented with comprehensive community engagement initiatives, which serve a dual purpose in meeting the organization's mission: 1) To enrich the cultural vitality of the community by introducing nontraditional audiences to classical music and fostering appreciation and understanding of this art form among our patrons; 2) To promote community involvement and leadership among NWS Fellows and help them become effective and enthusiastic advocates for classical music in the communities in which they secure professional positions. NWS is proud to offer several programs tailored for students. Each year NWS Fellows gain invaluable experience teaching, coaching, and performing for students in the community through a variety of initiatives including private lessons, intimate in-classroom presentations, an educational daytime concert series and webcast, a side-by-side and concerto competition, an adult lecture series, and rehearsal observations. In the 2011-2012 school year, over 15,000 students participated in NWS programs, the majority of whom were students in Miami-Dade and Broward counties. Children's programming includes: - Education Concerts: The NWS Education concerts are designed to be an inspirational, educational experience outside the classroom for grades 6-12. These thematic daytime concerts will introduce major orchestral works and composers to students and teachers from Miami-Dade and Broward counties. A study guide is sent to all participating classes and round-trip bus transportation is provided free of charge. - Side-By-Side Ensemble: New World Symphony is pleased to offer advanced young instrumentalists grades 7 through 12 an opportunity to perform in the Side by Side Ensemble concert, where they will be play alongside NWS fellows, developing a musical working relationship as they prepare and perform orchestral works of the highest caliber. - MusicLab: Introduced during the 2009-10 season, MusicLab is changing the way students in Miami-Dade County experience music education. Now operating in four Miami-Dade County public schools, this 26-week residency program brings the expertise of NWS Fellows directly into the classroom, giving students a hands-on experience in the field of music performance, alongside a variety of supportive activities for personal enrichment. The New World Symphony believes that the orchestra musician of the 21st century needs not only extraordinary performance training, but also the ability to contribute to the society at large as an advocate, educator and mentor. These programs exemplify imaginative and engaging curricula while offering the Fellows a real-life experience of involvement within an extended community. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 14955239 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 126 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 34 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 31 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DAVID PHILLIPS | NamePerson |
| Telephone Number | 3054286751 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 17TH STREET | AddressLine1 |
| City | MIAMI BEACH | City |
| State | FL | State |
| ZIP Code | 33139 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (51 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Key EmployeeKeyEmployee | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| NEISEN KASDIN | ||||||||
| CHAIRMAN | 5.0 | X | X | |||||
| ROSE ELLEN GREENE | ||||||||
| VICE CHAIRMAN | 1.0 | X | X | |||||
| MARIO DE ARMAS | ||||||||
| TRUSTEE/TREASURER/FIN COMM. | 1.0 | X | X | |||||
| ROBERT MOSS | ||||||||
| SECRETARY | 1.0 | X | X | |||||
| SARI AGATSTON | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| SHELDON T ANDERSON | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| MADELEINE ARISON | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| SARAH S ARISON | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| HILARIE BASS | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| MATTHEW W BUTTRICK | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| ADAM CARLIN | ||||||||
| CHAIR OF DEVELOPMENT COMMITTEE | 2.0 | X | ||||||
| BRUCE E CLINTON | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| BRUCE JAY COLAN | ||||||||
| EX-OFFICIO | 1.0 | X | ||||||
| CASEY CUMMINGS | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| PETER J DOLARA | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| SUSAN S DUBIN | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| HOWARD FRANK | ||||||||
| TRUSTEE, CHAIR OF CAP. CAMP. | 1.0 | X | ||||||
| JOHN J GERAGHTY | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| C THOMAS GREENE | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| BRUCE W GREER | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| HARRY M HERSH | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| RICHARD M JACOBS | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| GERALD KATCHER | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| R KIRK LANDON | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| ENRIQUE LERNER RAIS | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| HELENE LINDENFELD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| ALAN LIEBERMAN | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| ALBERT R MOLINA JR | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| WILLIAM L MORRISON | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| SANDRA R MUSS | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| PATRICIA M PAPPER | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| JEFFREY T ROBERTS | ||||||||
| CHAIR OF INVESTMENT COMMITTEE | 1.0 | X | ||||||
| PETER ROBBINS | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| RICHARD T SANZ | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| DIANE S SEPLER | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| EDWARD MANNO SHUMSKY | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| RICHARD SKOR | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| PAUL H STEBBINS | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| JUDY WEISER | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| SHERWOOD M WEISERDeceased 082011 | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| JODY WOLFE | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| RICHARD J WURTMAN | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| HOWARD HERRING | ||||||||
| PRESIDENT/CEO | 60.0 | X | 247745 | 0 | 9641 | |||
| VICTORIA ROGERS | ||||||||
| EXECUTIVE VICE PRESIDENT | 60.0 | X | 249657 | 0 | 9729 | |||
| DAVID PHILLIPS | ||||||||
| SR VP & CFO | 60.0 | X | 210328 | 0 | 8155 | |||
| DOUGLAS MERILATT | ||||||||
| SR VP & ARTISTIC PLANNING/PROG | 60.0 | X | 187404 | 0 | 7253 | |||
| WILLIAM WILLIAMS | ||||||||
| SR. VP./ DEAN OF MUSICIANS | 60.0 | X | 150220 | 0 | 5978 | |||
| JEAN PIERRE DODEL | ||||||||
| VP OF TECHNOLOGY | 60.0 | 136249 | X | |||||
| FAYE MUNNINGS | ||||||||
| VP & ASSISTANT CFO | 60.0 | 114731 | 4330 | X | ||||
| PAUL WOEHRLE | ||||||||
| SR DIRECTOR OF DEVELOPMENT | 60.0 | 115085 | 4344 | X | ||||
| CRAIG HALL | ||||||||
| VP OF COMMUNICATIONS | 60.0 | 117239 | 4431 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1528658 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 53861 | TotalOtherCompensation |
| Number Individuals GT100 K | 9 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ADP TOTALSOURCE | |||||
| 10200 SUNSET DRIVE | MIAMI | FL | 33173 | EMPLOYEE LEASING | 5518262 |
| FACCHINA-MCGAUGHAN LLC | |||||
| 6600 N ANDREWS AVE | FT LAUDERDALE | FL | 33309 | CONS. CONTRACTOR | 3369015 |
| COLUMBIA ARTISTS MANAGEMENT LLC | |||||
| 165 WEST 57TH STREET | NEW YORK | NY | 10019 | ARTISTS SERVICES | 669680 |
| HINES | |||||
| PO BOX 945833 | ATLANTA | GA | 30394 | PROJECT MANAGER | 559513 |
| STEARNS WEAVER MILLER | |||||
| 150 WEST FLAGLER STREET | MIAMI | FL | 33130 | LEGAL SERVICES | 540651 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
| Fundraising Events | 701615 | FundraisingEvents |
| Government Grants | 1397921 | GovernmentGrants |
| All Other Contributions | 10423368 | AllOtherContributions |
| Noncash Contributions | 12500 | NoncashContributions |
| Total Contributions | 12522904 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| CONCERT REVENUES | 711110 | 1500842 | 1500842 |
| APPLICATION FEES | 611600 | 43025 | 43025 |
| BOX OFFICE POSTAGE AND HANDLING | 561000 | 45186 | 45186 |
| NEW WORLD CENTER TOURS | 711110 | 14285 | 14285 |
| OTHER | 711110 | 37441 | 37441 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1640779 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1210217 | TotalRevenueColumn |
| Exclusion | $1,210,217 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1342156 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1825497 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -483341 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -483341 | TotalRevenueColumn |
| Unrelated Business Revenue | -483341 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8474688 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8745038 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -270350 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -270350 | TotalRevenueColumn |
| Exclusion | -$270,350 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 178992 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 701615 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 317434 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -138442 | TotalRevenueColumn |
| Exclusion | $563,173 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14481767 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1640779 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -483341 | UnrelatedBusinessRevenue |
| Exclusion | $1,503,040 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1456619 | Total |
| Program Services | 1456619 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1476297 | Total |
| Program Services | 581032 | ProgramServices |
| Management And General | 422932 | ManagementAndGeneral |
| Fundraising | 472333 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 293062 | Total |
| Management And General | 293062 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49375 | Total |
| Management And General | 49375 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48686 | Total |
| Management And General | 48686 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 234732 | Total |
| Program Services | 11451 | ProgramServices |
| Management And General | 223281 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 113526 | Total |
| Program Services | 13218 | ProgramServices |
| Management And General | 88163 | ManagementAndGeneral |
| Fundraising | 12145 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 440251 | Total |
| Program Services | 306281 | ProgramServices |
| Management And General | 87883 | ManagementAndGeneral |
| Fundraising | 46087 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 536906 | Total |
| Program Services | 536906 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 142281 | Total |
| Program Services | 118717 | ProgramServices |
| Management And General | 11786 | ManagementAndGeneral |
| Fundraising | 11778 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 247 | Total |
| Management And General | 247 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 248996 | Total |
| Program Services | 248996 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4671645 | Total |
| Program Services | 4671645 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1131038 | Total |
| Program Services | 1060393 | ProgramServices |
| Management And General | 70645 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| LEASED EMPLOYEES | 4323432 | 2440088 | 1190727 | 692617 |
| CONDUCTORS/SOLOISTS/COACHES | 1654706 | 1654706 | ||
| VENUE | 281695 | 281695 | ||
| USHERS & SECURITY FOR CONCERTS | 337011 | 337011 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1424900 | Total |
| Program Services | 1236481 | ProgramServices |
| Management And General | 55288 | ManagementAndGeneral |
| Fundraising | 133131 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18865405 | Total |
| Program Services | 14955239 | ProgramServices |
| Management And General | 2542075 | ManagementAndGeneral |
| Fundraising | 1368091 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11509116 | BOY |
| EOY | 788919 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 916531 | BOY |
| EOY | 531308 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8275820 | BOY |
| EOY | 8170721 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 898405 | BOY |
| EOY | 2842350 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1149568 | BOY |
| EOY | 209083 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 188068729 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 12563446 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 159383781 | BOY |
| EOY | 175505283 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56562633 | BOY |
| EOY | 56303734 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21660797 | BOY |
| EOY | 21173422 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76332 | BOY |
| EOY | 57254 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 260432983 | BOY |
| EOY | 265582074 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5236585 | BOY |
| EOY | 1136605 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 818344 | BOY |
| EOY | 823684 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25190529 | BOY |
| EOY | 39501000 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31245458 | BOY |
| EOY | 41461289 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 141250890 | BOY |
| EOY | 136520412 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10649908 | BOY |
| EOY | 9368324 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77286727 | BOY |
| EOY | 78232049 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 229187525 | BOY |
| EOY | 224120785 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 260432983 | BOY |
| EOY | 265582074 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -4383638 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -683102 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 423500 | AssetsInPartX |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 87784498 | BeginningOfYearBalance |
| Contributions | 945322 | Contributions |
| Investment Earnings Or Losses | -37649 | InvestmentEarningsOrLosses |
| Other Expenditures | 3317641 | OtherExpenditures |
| End Of Year Balance | 85374530 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 74567100 | BeginningOfYearBalance |
| Contributions | 3155714 | Contributions |
| Investment Earnings Or Losses | 13070135 | InvestmentEarningsOrLosses |
| Other Expenditures | 3008451 | OtherExpenditures |
| End Of Year Balance | 87784498 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 36322951 | BeginningOfYearBalance |
| Contributions | 37656993 | Contributions |
| Investment Earnings Or Losses | 4326434 | InvestmentEarningsOrLosses |
| Other Expenditures | 3700003 | OtherExpenditures |
| Administrative Expenses | 39275 | AdministrativeExpenses |
| End Of Year Balance | 74567100 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 32233832 | BeginningOfYearBalance |
| Contributions | 12075232 | Contributions |
| Investment Earnings Or Losses | -6558086 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 1428027 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 36322951 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.91600 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.08400 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 314400 | OtherCostOrOtherBasis |
| Book Value | 314400 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 156339829 | OtherCostOrOtherBasis |
| Depreciation | 7853622 | Depreciation |
| Book Value | 148486207 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 31414500 | OtherCostOrOtherBasis |
| Depreciation | 4709824 | Depreciation |
| Book Value | 26704676 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 175505283 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENT-LIMITED PARTNERSHIP | Description |
| Book Value | 21173422 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 21173422 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
| Total Of Amounts | 0 | TotalOfAmounts |
| Total Revenue | 14481767 | TotalRevenue |
| Total Expenses | 18865405 | TotalExpenses |
| Excess Or Deficit For Year | -4383638 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -683102 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | -25 | PriorPeriodAdjustments |
| Total Adjustments | -683127 | TotalAdjustments |
| Excess Or Deficit Per FS | -5066765 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 15865836 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -683102 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 217302 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 2142931 | OtherRevenues |
| Revenue Not Rptd F990 | 1677131 | RevenueNotRptdF990 |
| Revenue Subtotal | 14188705 | RevenueSubtotal |
| Other Revenues Not Included | 293062 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 293062 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 14481767 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 20932576 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 217302 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 2142931 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2360233 | ExpensesNotRptdF990 |
| Expenses Subtotal | 18572343 | ExpensesSubtotal |
| Other Expenses Not Included | 293062 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 293062 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 18865405 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ENDOWMENT FUNDS | SCHEDULE D, PART V, LINE 4 | DURING 1991, NWS ESTABLISHED THE NEW WORLD SYMPHONY ENDOWMENT FUND. THE PURPOSE OF THE ENDOWMENT FUND IS TO CREATE A CONTINUOUS DEVELOPMENT PROGRAM THAT WILL ENABLE INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS TO MAKE GIFTS TO NWS, TO PROVIDE FOR THE PERMANENT FINANCING OF THE PROGRAMS OF NWS, AND TO ENSURE THE PERMANENT EXISTENCE OF NWS. |
| ARTWORK COLLECTION | SCHEDULE D, PART III, LINE 4 | New World Symphony believes the classical music experience begins when one crosses our NEW CAMPUS' threshold as a patron, musician or curious observer. Our NEW CAMPUS and its contents ARE the beginning of the experience as well as the contents inside. The art piece that has been so generously donated to us aids in the beginning of this experience. |
| REVENUE/EXPENSE RECONCILIATION | SCHEDULE D, PART XII LINE 2D & PART XIII LINE 2D | Direct Rental expenses of $1,825,497 are shown as expenses on the financial statements. However, Direct rental expenses are showN net of rental income on the Form 990 page 9. Direct Fundraising expenses of $317,434 are shown as expenses on the financial statements. However, Direct Fundraising expenses are showN net of fundraising income on the Form 990 page 9. Total Adjustment - $2,142,931 |
| REVENUE/EXPENSE RECONCILIATION | SCHEDULE D, PART XII LINE 4B & PART XIII LINE 4B | Management Fees of $293,062 are shown net of investment income on the financial statements. However, management fees are shown as a separate expense on the Form 990 page 10. |
| UNCERTAIN TAX POSITION | SCHEDULE D, PART X, LINE 2 | New World Symphony is a non-profit corporation as defined by Section 501(c)(3) of the U.S. Internal Revenue Code and as such is subject to federal income taxes only on unrelated business income. There were no income taxes resulting from unrelated business income during the year ended June 30, 2012. New Campus and Alton Pointe are single member limited liability companies and accordingly are disregarded for tax purposes. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. Management has analyzed the tax positions taken and has concluded that as of June 30, 2012, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. If the Organization were to incur an income tax liability in the future, interest would be reported as interest expense and penalties would be reported as income taxes. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes the Organization is no longer subject to income tax examinations for years prior to 2009. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NONDISCRIMINATORY POLICY | SCHEDULE E, LINE 3 | THE ORGANIZATION'S NONDISCRIMINATORY POLICY IS STATED IN ITS RECRUITMENT BROCHURE AS WELL AS THE PUBLICATIONS "INTERNATIONAL MUSICIAN" WHICH IS WELL KNOWN WITHIN THE COMMUNITY IT SERVES. |
| FINANCIAL AID | SCHEDULE E, LINE 6A | THE ORGANIZATION RECIEVES GRANTS FROM VARIOUS GOVERNMENTAL AGENCIES TO FACILITATE PROGRAMS IN FURTHERANCE OF ITS MISSION. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1 |
| Gross Receipts Event1 | 779869 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 617927 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 161942 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 77455 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 75071 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 25307 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 127075 | OtherDirectExpensesEvent1 |
| Name Of Event2 | FAMILY EVENT | NameOfEvent2 |
| Gross Receipts Event2 | 94853 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 77803 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 17050 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 728 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 4156 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 7642 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 5885 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 5885 | CharitableContribOtherEvents |
| Gross Receipts Total | 880607 | GrossReceiptsTotal |
| Charitable Contributions Total | 701615 | CharitableContributionsTotal |
| Gross Revenue Total Events | 178992 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 77455 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 75799 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 29463 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 134717 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 317434 | DirectExpenseSummaryEvents |
| Net Income Summary | -138442 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| STIPEND FOR PROGRAM PARTICIPANTS | 88 | 1393687 |
| STIPEND (SUBSTITUTES) PROGRAM ACTIVITIES | 202 | 62932 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITORING THE USE OF GRANTS IN THE U.S. | Identifier |
| Return Reference | SCHEDULE I, PART I, LINE 2 | ReturnReference |
| Explanation | ALL OF THE ORGANIZATION'S FELLOWS RECEIVE A STIPEND FOR LIVING EXPENDITURES WHILE IN THE PROGRAM. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HOWARD HERRING | |||||||||||||
| 247745 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9641 | 0 | 257386 | 0 | 0 | 0 |
| VICTORIA ROGERS | |||||||||||||
| 249657 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9729 | 0 | 259386 | 0 | 0 | 0 |
| DAVID PHILLIPS | |||||||||||||
| 210328 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8155 | 0 | 218483 | 0 | 0 | 0 |
| DOUGLAS MERILATT | |||||||||||||
| 187404 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7253 | 0 | 194657 | 0 | 0 | 0 |
| WILLIAM WILLIAMS | |||||||||||||
| 150220 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5978 | 0 | 156198 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| GOVERNING BODY AND MANAGEMENT | FORM 990, PAGE 6, PART VI, SECTION A, LINE 2 | SARAH S. ARISON - NEICE OF MADELINE ARISON & HARRY M. HERSH HARRY M. HERSH & MADELINE ARISON - UNCLE & AUNT OF SARAH S. ARISON JUDY WEISER - SPOUSE OF SHERWOOD M. WEISER (RECENTLY DECEASED) SHERWOOD M. WEISER (RECENTLY DECEASED) - SPOUSE OF JUDY WEISER |
| POLICIES AND PROCEDURES | FORM 990, PAGE 6, PART VI, SECTION B, LINE 12C | EMPLOYEES AND BOARD MEMBERS OF NWS HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT MINIMIZE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS MUCH AS POSSIBLE. THE POLICY ESTABLISHES THE FRAMEWORK WITHIN WHICH NWS WISHES ITS BUSINESS TO OPERATE. THE PURPOSE OF THESE GUIDELINES IS TO PROVIDE GENERAL DIRECTION SO THAT EMPLOYEES AND BOARD MEMBERS CAN SEEK FURTHER CLARIFICATION ON ISSUES RELATED TO THE SUBJECT OF ACCEPTABLE STANDARDS OF OPERATION. STAFF MEMBERS AT DIRECTOR LEVEL AND ABOVE AND TRUSTEES ARE ASKED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT ON AN ANNUAL BASIS, WHICH INDICATES WHETHER OR NOT THEY HAVE PARTICIPATED IN ANY BUSINESS TRANSACTION THAT WOULD GIVE RISE TO A CONFLICT OF INTEREST. |
| POLICIES AND PROCEDURES | FORM 990, PAGE 6, PART VI, SECTION B, LINE 15A | THE CHAIRMAN OF THE BOARD REVIEWS COMPARABILITY DATA WHEN HIRING A NEW PRESIDENT AND ANNUALY APPROVES THE PRESIDENT'S COMPENSATION PACKAGE BASED ON PERFORMANCE. THE PRESIDENT APPROVES BOTH THE EXECUTIVE VICE PRESIDENT AND SENIOR VICE PRESIDENT'S COMPENSATION PACKAGE BASED ON PERFORMANCE. |
| DISCLOSURE ITEMS | FORM 990, PAGE 6, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE ANNUAL REPORT CONTAINS A BRIEF SUMMARY OF THE FINANCIAL STATEMENTS AND THE COMPLETE FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE THROUGH ACCESS OF GUIDESTAR. |
| GOVERNING BODY AND MANAGEMENT | FORM 990, PAGE 6, PART VI, SECTION A, LINE 10 | THE CFO IS REPONSIBLE FOR THE TIMELY PREPARATION OF THE FORM 990. IT WILL THEN BE PRESENTED TO THE FINANCE COMMITTEE SUFFICIENTLY IN ADVANCE OF THE FILING DEADLING FOR THEIR REVIEW. ALL MEMBERS OF THE BOARD OF TRUSTEES WILL BE INVITED TO REVIEW THE FINAL FORM 990 UPON REQUEST. |
| RECONCILIATION OF NET ASSETS | FORM 990, PART XI, LINE 5 | OTHER CHANGES IN NET ASSETS RELATES TO UNREALIZED GAINS AND LOSSES NOT RECORDED ON THE FORM 990. TOTAL UNREALIZED GAIN/LOSS PER THE FINANCIAL STATEMENTS - ($683,102) |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| NEW CAMPUS II LLC | |||||||||
| 500 17TH STREET | MIAMI BEACH | FL | 33139 | 432074025 | DVLP NEWFACLT | FL | -4677237 | 153515673 | NONE |
| ALTON POINTE LLC | |||||||||
| 500 17TH STREET | MIAMI BEACH | FL | 33139 | 455001665 | HOUSING | FL | 248969 | 20902788 | NONE |