2013-07-15T09:54:03-05:00 2012-08-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2011-09-01 410693875 MINNESOTA ORCHESTRAL ASSOCIATION MINN 6123715600 1111 NICOLLET MALL MINNEAPOLIS MN 55403 BRYAN EBENSTEINER 6123715600 2013-06-25 1 LARRY ADAMS P01314654 6123764500 2011 2016-02-24 21:20:13Z MICHAEL HENSON 1111 NICOLLET MALL MINNEAPOLIS MN 55403 116439159 0 X WWW.MNORCH.ORG X 1907 MN A MINNESOTA SYMPHONY ORCHESTRA INTERNATIONALLY RECOGNIZED FOR ITS ARTISTIC EXCELLENCE. 79 74 611 600 67945 -2991 18628242 32248414 8655788 8239383 8935985 4124665 175010 105360 36395025 44717822 68321 44729 0 0 23238171 24109642 193081 341170 1951826 7797247 8412700 31296820 32908241 5098205 11809581 192514624 216084689 24321400 41821165 168193224 174263524 X THE MINNESOTA ORCHESTRA ENRICHES, INSPIRES AND SERVES OUR COMMUNITY AS A SYMPHONY ORCHESTRA INTERNATIONALLY RECOGNIZED FOR ITS ARTISTIC EXCELLENCE. 0 0 27980268 44729 8239383 THE MINNESOTA ORCHESTRA IS RECOGNIZED FOR DISTINGUISHED PERFORMANCES AROUND THE WORLD, AWARD-WINNING RECORDINGS, RADIO BROADCASTS AND EDUCATIONAL PROGRAMS, AND A COMMITMENT TO BUILDING THE REPERTOIRE OF THE FUTURE.LED BY MUSIC DIRECTOR OSMO VANSKA, THE ENSEMBLE NOW PRESENTS NEARY 175 CONCERTS THAT ARE HEARD LIVE BY 350,000 INDIVIDUALS, AND EDUCATION AND OUTREACH PROGRAMS THAT SERVE 85,000 MUSIC LOVERS OF ALL AGES. THE ORCHESTRA MAKES ITS HOME AT ORCHESTRA HALL IN MINNEAPOLIS, WHERE ITS CONCERTS ARE BROADCAST ACROSS THE STATE EACH FRIDAY EVENING BY MINNESOTA PUBLIC RADIO. MANY PROGRAMS ARE SUBSEQUENTLY HEARD NATION-WIDE ON AMERICAN PUBLIC MEDIA RADIO PROGRAMS.THE MINNESOTA ORCHESTRA WELCOMED FINNISH CONDUCTOR OSMO VANSKA AS ITS TENTH MUSIC DIRECTOR IN THE FALL OF 2003. PRAISED FOR HIS INTENSE AND DYNAMIC PERFORMANCES, VANSKA IS RECOGNIZED FOR COMPELLING INTERPRETATIONS OF THE STANDARD, CONTEMPORARY AND NORDIC REPERTOIRES. DURING HIS TENURE, HE HAS DRAWN EXTRAORDINARY REVIEWS FOR CONCERTS BOTH AT HOME AND ABROAD, INCLUDING APPEARANCES AT CARNEGIE HALL AND LINCOLN CENTER, FOUR EUROPEAN TOURS-THE MOST RECENT IN AUGUST 2010-AND MANY MINNESOTA TOURS. VANSKA HAS EXTENDED HIS TENURE WITH THE MINNESOTA ORCHESTRA THROUGH 2015. MICHAEL HENSON SERVES AS PRESIDENT AND CEO OF THE ORCHESTRA.UNDER VANSKA'S ARTISTIC DIRECTION, THE ORCHESTRA HAS ISSUED NUMEROUS RECORDINGS TO OUTSTANDING ACCOLADES. CURRENTLY UNDERWAY ARE INITIATIVES TO RECORD ALL THE BEETHOVEN PIANO CONCERTOS, WITH PIANIST YEVGENY SUDBIN, AND THE COMPLETE SIBELIUS SYMPHONIES. THE FIRST RELEASE IN THE SIBELIUS SERIES WAS NOMINATED FOR A "BEST ORCHESTRAL PERFORMANCE" GRAMMY AWARD IN 2013. VANSKA AND THE ORCHESTRA RECENTLY COMPLETED A FIVE-YEAR, FIVE DISC INITIATIVE TO RECORD THE COMPLETE BEETHOVEN SYMPHONIES ON THE BIS LABEL. THE COLLECTION HAS AMASSED RAVE REVIEWS, WITH THE NEW YORK TIMES WRITING THAT IT "MAY BE THE DEFINITIVE [CYCLE] OF OUR TIME" AND THE FINANCIAL TIMES OF LONDON PRAISING IT AS THE "MODERN BEETHOVEN RECORDING PAR EXCELLENCE." THE ORCHESTRA'S RECORDING OF BEETHOVEN'S NINTH RECEIVED A 2008 GRAMMY NOMINATION FOR "BEST ORCHESTRAL PERFORMANCE", AND THE CD FEATURING THE SECOND AND SEVENTH SYMPHONIES WAS NOMINATED FOR A 2009 CLASSIC FM GRAMOPHONE AWARD. VANSKA AND THE ORCHESTRA HAVE ALSO RELEASED LIVE IN-CONCERT RECORDINGS OF TCHAIKOVSKY'S THREE PIANO CONCERTOS AND CONCERT FANTASIA, RECORDED OVER TWO SEASONS WITH BRITISH PIANIST STEPHEN HOUGH FOR THE HYPERION LABEL.IN ADDITION TO TRADITIONAL CONCERTS AND RECORDINGS, THE MINNESOTA ORCHESTRA CONNECTS WITH MORE THAN 85,000 MUSIC LOVERS ANNUALLY THROUGH EDUCATIONAL PROGRAMS INCLUDING YOUNG PEOPLE'S CONCERTS (YPS) AND TARGET FREE FAMILY CONCERTS. IN THE LAST DECADE MORE THAN HALF A MILLION STUDENTS HAVE EXPERIENCED A MINNESOTA ORCHESTRA YOUNG PEOPLE'S CONCERT - A SERIES THE ORCHESTRA HAS OFFERED FOR 100 YEARS. MUSICIANS ALSO ENGAGE IN SUCH ORCHESTRA-SPONSORED INITIATIVES AS SIDE-BY-SIDE REHEARSALS AND CONCERTS WITH YOUNG AREA MUSICIANS, AND THE UPBEAT PROGRAM, WHICH ESTABLISHES MULTI-YEAR RELATIONSHIPS WITH COMMUNITIES THROUGHOUT THE TWIN CITIES AND AROUND THE STATE.THE ENSEMBLE ASLO OFFERS NUMEROUS POPS CONCERTS, PRESENTING THE GREATEST CONTEMPORARY POP PERFORMERS IN GENRES RANGING FROM ROCK, JAZZ AND BIG BAND TO LATIN, COUNTRY AND WORLD MUSIC. IN 2008, THE ORCHESTRA ESTABLISHED JAZZ AT ORCHESTRA HALL, A JAZZ SERIES FEATURING TOP PERFORMERS FROM AROUND THE NATION, AND NAMED IRVIN MAYFIELD AS THE SERIES' ARTISTIC DIRECTOR. AMERICAN CONDUCTOR ANDREW LITTON SERVES AS ARTISTIC DIRECTOR FOR THE ORCHESTRA'S BELOVED URBAN SUMMER MUSIC FESTIVAL, SOMMERFEST, WHICH WAS LAUNCHED IN 1980. ITS POPS SERIES IS LED BY DIRECTOR OF POPS AND PRESENTATIONS SARAH HICKS.IN 2011,THE ORCHESTRA LAUNCHED "COMMON CHORDS," A NEW INITIATIVE TO CREATE ONE-OF-A-KIND COLLABORATIONS BETWEEN THE ORCHESTRA AND COMMUNITIES AROUND THE STATE. EACH PARTNERSHIP IS DESIGNED TO FEATURE A CELEBRATORY FESTIVAL WEEK OF PERFORMANCES AND ACTIVITIES THAT REFLECT THE INTERESTS, DIVERSITY AND ASPIRATIONS OF THE COMMUNITY. THE PROGRAM DEBUTED IN GRAND RAPIDS, MINNESOTA IN THE FALL OF 2011. OTHER SERVICES PROVIDED TO PATRONS AND PARTICIPANTS INCLUDE ASSOCIATED CONCESSION SERVICES, TICKETING, AND HALL RENTALS. 27980268 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 1 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 1 200 0 1 611 1 1 1 0 0 0 0 1 1 0 0 0 0 X 79 74 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MN X BRYAN EBENSTEINER 6123715600 1111 NICOLLET MALL MINNEAPOLIS MN 55403 X MICHAEL HENSON 40.00 X X 589416 0 29897 MARGARET ANKENY 1.00 X 0 0 0 EMILY BACKSTROM 1.00 X 0 0 0 KAREN BAKER 1.00 X 0 0 0 MICHAEL BELZER 1.00 X 0 0 0 DAVID BOEHNEN 1.00 X 0 0 0 PATRICK BOWE 1.00 X 0 0 0 MARGARET BRACKEN 1.00 X 0 0 0 BARBARA BURWELL 1.00 X 0 0 0 JON CAMPBELL 1.00 X X 0 0 0 MARI CARLSON 1.00 X 0 0 0 NICKY CARPENTER 1.00 X 0 0 0 LAURA CHIN 1.00 X 0 0 0 DAVID COLWELL 1.00 X 0 0 0 JAN CONLIN 1.00 X 0 0 0 KATHY CUNNINGHAM 1.00 X 0 0 0 KENNETH CUTLER 1.00 X 0 0 0 ANDREW CZAJKOWSKI 1.00 X 0 0 0 JAMES DAMIAN 1.00 X 0 0 0 RICHARD DAVIS 1.00 X X 0 0 0 JONATHAN EISELE 1.00 X 0 0 0 JACK EUGSTER 1.00 X 0 0 0 JOHN FARRELL 1.00 X 0 0 0 CAMERON FINDLAY 1.00 X 0 0 0 DOLLY FITERMAN 1.00 X 0 0 0 BEN FOWKE 1.00 X 0 0 0 LUELLA GOLDBERG 1.00 X 0 0 0 FRANCK GOUGEON 1.00 X 0 0 0 PAUL GRANGAARD 1.00 X 0 0 0 JANE GREGERSON 1.00 X 0 0 0 JEFFREY GREINER 1.00 X 0 0 0 BEVERLY GROSSMAN 1.00 X 0 0 0 SUSAN HAGSTRUM 1.00 X 0 0 0 RENEE LEJEUNE HALLBERG 1.00 X 0 0 0 JANIS HEANEY 1.00 X 0 0 0 JAYNE HILDE 1.00 X 0 0 0 KAREN HIMLE 1.00 X 0 0 0 SHADRA HOGAN 1.00 X 0 0 0 MARY HOLMES 1.00 X 0 0 0 KAREN HUBBARD 1.00 X 0 0 0 HELLA MEARS HUEG 1.00 X 0 0 0 JAY IHLENFELD 1.00 X 0 0 0 PHILIP ISAACSON 1.00 X 0 0 0 NANCY JONES 1.00 X 0 0 0 DOUGLAS KELLEY 1.00 X 0 0 0 STEVEN KENNEDY 1.00 X X 0 0 0 LLOYD KEPPLE 1.00 X 0 0 0 MICHAEL KLINGENSMITH 1.00 X 0 0 0 JOSEPH LAPENSKY 1.00 X 0 0 0 MARY LAZARUS 1.00 X 0 0 0 DOUGLAS LEATHERDALE 1.00 X 0 0 0 KELLY LEISCHOW 1.00 X 0 0 0 ALLEN LENZMEIER 1.00 X 0 0 0 NANCY LINDAHL 1.00 X X 0 0 0 RONALD LUND 1.00 X 0 0 0 JOHN MACHUZICK 1.00 X 0 0 0 WARREN MACK 1.00 X 0 0 0 HARVEY MACKAY 1.00 X 0 0 0 JUDY MAHONEY 1.00 X 0 0 0 JAN MCDANIEL 1.00 X 0 0 0 JAMES MELVILLE 1.00 X 0 0 0 ERIC MERCER 1.00 X 0 0 0 ANNE MILLER 1.00 X 0 0 0 HUGH MILLER 1.00 X 0 0 0 JOAN MONDALE 1.00 X 0 0 0 BETTY MYERS 1.00 X 0 0 0 MARILYN NELSON 1.00 X 0 0 0 BECKY ODLAND 1.00 X 0 0 0 DALE OLSETH 1.00 X 0 0 0 ANITA PAMPUSCH 1.00 X 0 0 0 ERIC PAULSON 1.00 X 0 0 0 ROSALYND PFLAUM 1.00 X 0 0 0 SUSAN PLATOU 1.00 X 0 0 0 CHRIS POLICINSKI 1.00 X 0 0 0 TERI POPP 1.00 X 0 0 0 GREGORY PULLES 1.00 X 0 0 0 JUDY RANHEIM 1.00 X 0 0 0 MICHAEL ROOS 1.00 X 0 0 0 JON SALVESON 1.00 X 0 0 0 JO ELLEN SAYLOR 1.00 X 0 0 0 DOUGLAS SCOVANNER 1.00 X 0 0 0 SALLY SMITH 1.00 X 0 0 0 GORDON SPRENGER 1.00 X 0 0 0 JOHN STANOCH 1.00 X 0 0 0 MARY SUMNERS 1.00 X 0 0 0 GEORGIA THOMPSON 1.00 X 0 0 0 MAXINE WALLIN 1.00 X 0 0 0 WENDY WENGER DANKEY 1.00 X 0 0 0 JOHN WHALEY 1.00 X 0 0 0 DAVID WICHMANN 1.00 X 0 0 0 JOHN WILGERS 1.00 X 0 0 0 THERESA WISE 1.00 X 0 0 0 PAUL ZELLER 1.00 X 0 0 0 BRYAN EBENSTEINER 40.00 X 166238 0 26000 ROBERT NEU 40.00 X 153189 0 21048 OSMO VANSKA 40.00 X 1175910 0 7810 BASIL REEVE 40.00 X 237364 0 13835 SARAH KWAK 40.00 X 203754 0 13821 R DOUG WRIGHT 40.00 X 196099 0 26735 MICHAEL GAST 40.00 X 188630 0 22499 BURT HARA 40.00 X 187780 0 26005 3098380 0 187650 86 0 1 0 KUWABARA PAYNE MCKENNA & BLUMBERG 322 KING STREET WEST 3RD FLOOR TORONTO CA M5V1J2 ARCHITECT 747135 RUFFALO CODY 65 KIRKWOOD NOTH ROAD SW CEDAR RAPIDS IA 52404 TELEPHONE CAMPAIGN 517014 TARGET COMMERCIAL INTERIORS 81 S 9TH ST 350 MINNEAPOLIS MN 55402 INTERIOR DESIGN 393019 CAMBRIDGE ASSOCIATES LLC 125 HIGH STREET BOSTON MA 02110 INVESTMENT ADVISOR 200000 FAEGRE BAKER DANIELS 90 S 7TH ST 2200 MINNEAPOLIS MN 55402 LEGAL FEES 184183 7 770352 3005367 15159762 13312933 1328505 32248414 ORCHESTRA TICKETS 711130 5229850 5229850 ORCHESTRA SERVICE FEES 532000 906450 906450 NON-ORCHESTRA TICKETS 711130 846634 846634 CONCESSIONS & FEES 711130 814554 809776 4778 RENTAL EVENTS 711130 325240 271355 53885 116655 116655 8239383 1004839 9282 995557 1850 1850 74382979 71030337 232816 3352642 -232816 3119826 3119826 212772 770352 296405 -83633 -83633 348922 161779 187143 187143 44717822 8180720 67945 4220743 44729 44729 2229455 1392774 836681 17107509 15589488 731537 786484 770633 708448 32919 29266 2865407 2548883 146307 170217 1136638 1022247 55963 58428 113693 68441 38953 6299 37121 37121 341170 341170 2554289 2463340 47960 42989 1735958 1634020 101938 257686 124921 60760 72005 186296 70012 86934 29350 81627 81627 569097 425727 134872 8498 475390 426251 29017 20122 47081 16589 21465 9027 592063 85397 506666 551985 496785 27600 27600 236306 67396 168910 OTHER EXPENSES 409122 409122 CREDIT CARD FEES 189504 189504 DONOR RECOGNITION 179526 3984 175542 MUSIC RENTAL LICENSES 110583 110583 85373 12482 72891 32908241 27980268 2976147 1951826 767456 1085178 1298074 1298410 16484307 25833543 342810 232903 96352 75078 1093994 1025955 31927802 16190008 9038239 15737794 74523163 46174867 87942512 90774883 927717 899780 0 32946298 192514624 216084689 2316526 7448343 3555696 2757848 1690000 1690000 11400000 9250000 9250000 7509178 9274974 24321400 41821165 X -10310465 -13954632 35747124 42300814 142756565 145917342 168193224 174263524 192514624 216084689 X 11809581 -5739281 X 0 1 1 X 0 X 21508696 15954452 31141394 18628242 32248414 119481198 21508696 15954452 31141394 18628242 32248414 119481198 32103792 87377406 4396075 2354926 1780250 1131452 1006689 10669392 130150590 48421030 0.67140 0.70540 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: PART II, SECTION A SHOWS SIGNIFICANT INCREASES IN PUBLIC SUPPORT IN 2009 AND 2011 COMPARED TO THE OTHER YEARS SHOWN. MOA IS RENOVATING ORCHESTRA HALL AND HAS BEEN RAISING SUPPORT TO FUND THE COST OF THE RENOVATION. IN 2009 $15.2M IN DONATIONS WAS RECEIVED FOR THE HALL RENOVATION PROJECT. IN 2011 MOA RECEIVED $14M BONDING GRANT FROM THE STATE OF MINNESOTA ALSO FOR THE HALL RENOVATION PROJECT. THESE WERE ONE-TIME, SPECIAL CONTRIBUTIONS AND GRANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 81350 81350 30875065 30956415 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 99025 120843 106348 81350 407566 250000 250000 250000 250000 1000000 1500000 15250 15250 69012220 413 2496514 12473507 59035640 74599095 945650 5615404 12147929 69012220 74007874 1194477 6335402 6938658 74599095 93417008 822217 -12913370 7317981 74007874 1.00000 0.00000 0 0 3006334 3006334 8538097 8008710 529387 14389565 3228936 11160629 5965306 4952362 1012944 28500 28500 15737794 67745265 F FUND OF HEDGE FUNDS & PRIVATE EQUITY 23029618 F 90774883 HALL RENOVATIONS IN ESCROW 32946298 32946298 UNFUNDED PENSION LIABILITY 8761381 LEASEHOLD IMPORVEMENT LIABILITY 513593 9274974 44717822 32908241 11809581 -1125450 -4613831 -5739281 6070300 42050309 -1125450 141948 -2142195 -3125697 45176006 -458184 -458184 44717822 35980009 141948 2929820 3071768 32908241 0 32908241 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUND WAS CREATED BY DONORS WHO WANTED TO FUND ANNUAL ORCHESTRA ACTIVITIES INTO PERPETUITY. IF SO DESIGNATED BY THE DONOR, THESE GIFTS ARE CONSIDERED PERMANENT ENDOWMENTS, BUT INVESTMENT EARNINGS AND GROWTH ARE AVAILABLE TO SUPPORT ANNUAL ACTIVITIES. THE BOARD OF DIRECTORS HAS ADOPTED THE STANDARDS OF UPMIFA IN DETERMINING THE AMOUNT TAKEN FROM ENDOWMENTS EACH YEAR FOR ACTIVITIES. THE FINANCE COMMITTEE OF THE BOARD REVIEWS THE ANNUAL DRAW AMOUNT AS A PART OF THE BUDGET AND PLANNING PROCESS, AND THEN PRESENTS ITS FINDINGS TO THE BOARD OF DIRECTORS FOR APPROVAL. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION IS QUALIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED, (CODE) AND SIMILAR STATUTES OF MINNESOTA LAW AND, ACCORDINGLY, IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. THE ASSOCIATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED CHARITABLE ORGANIZATION UNDER SECTION 509(A)(1) OF THE CODE AND QUALIFIES FOR THE MAXIMUM CHARITABLE CONTRIBUTION DEDUCTION FOR DONORS. THE ASSOCIATION HAS ADOPTED GUIDANCE IN THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES STANDARD. NO ADJUSTMENTS TO THE FINANCIAL STATEMENTS WERE REQUIRED AS A RESULT OF THE IMPLEMENTATION THIS STANDARD. THE ASSOCIATION HAS NO CURRENT OBLIGATION FOR UNRELATED BUSINESS INCOME TAX. THE ASSOCIATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR THE YEARS ENDING AUGUST 31, 2009 TO 2011 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: NET PERIODIC PENSION CREDIT -2,471,636. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -288,906. CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION & TRUST -1,853,289. TOTAL TO SCHEDULE D, PART XI, LINE 8: -4,613,831. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -288,906. CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION & TRUST -1,853,289. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES -296,405. COST OF GOODS SOLD -161,779. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 296,405. COST OF GOODS SOLD 161,779. PENSION EXPENSE 2,471,636. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 9247002 0 0 0 0 0 0 9247002 0 9247002 1 0 0 0 0 0 X X X X X X X 1 RUFFALOCODY 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 524063018 TELEPHONE CAMPAIGN 0 724835 341170 383665 724835 341170 383665 MN WI BALL 983124 770352 212772 123400 144534 16427 12044 983124 770352 212772 123400 144534 16427 12044 296405 -83633 LIST OF 10 HIGHEST PAID FUNDRAISERS SCHEDULE G, PART 1, LINE 2B (I) NAME OF FUNDRAISER: RUFFALO CODY (I) ADDRESS OF FUNDRAISER: 65 KIRKWOOD NORTH ROAD SW, CEDAR RAPIDS, IA 52404 1 MINNESOTA CITIZENS FOR THE ARTS 2233 UNIVERSITY AVENUE ST PAUL MN 55114 411262965 501(C)(4) 44729 ARTS LOBBYING 0 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANTS TO ORGANIZATIONS WERE MADE TO SUPPORT LOBBYING ACTIVITIES. MEETINGS ARE HELD BY THE RECIPIENTS TO DISCUSS ON-GOING EFFORTS AND CURRENT ISSUES. INDIVIDUALS RECEIVED AWARDS BASED ON PERFORMANCE AT MUSICAL COMPETITIONS. THE INDIVIDUALS' USE OF THE FUNDS WAS NOT MONITORED. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL HENSON 386916 0 202500 0 0 0 9800 0 20097 0 619313 0 0 0 BRYAN EBENSTEINER 164345 0 0 0 1893 0 6563 0 19437 0 192238 0 0 0 ROBERT NEU 153189 0 0 0 0 0 6116 0 14932 0 174237 0 0 0 OSMO VANSKA 1144007 0 0 0 31903 0 0 0 7810 0 1183720 0 0 0 BASIL REEVE 237364 0 0 0 0 0 5986 0 7849 0 251199 0 0 0 SARAH KWAK 203754 0 0 0 0 0 5971 0 7850 0 217575 0 0 0 R DOUG WRIGHT 196099 0 0 0 0 0 5986 0 20749 0 222834 0 0 0 MICHAEL GAST 188630 0 0 0 0 0 5932 0 16567 0 211129 0 0 0 BURT HARA 187780 0 0 0 0 0 5916 0 20089 0 213785 0 0 0 PART I, LINE 1A PART I, LINE 1A: HOUSING ALLOWANCE - OSMO VANSKA - INCLUDED IN TAXABLE COMPENSATION. BUSINESS CLUB DUES - MICHAEL HENSON - MINNEAPOLIS CLUB - NOT INCLUDED IN TAXABLE COMPENSATION AND UTILIZED FOR BUSINESS PURPOSES AND MEETINGS. SUPPLEMENTAL INFORMATION PART III MICHAEL HENSON'S BONUS AMOUNT IN PART II, SECTION B, COLUMN II CONSISTS OF BONUSES FOR TWO SEPARATE FISCAL YEARS THAT WERE PAID IN THE SAME CALENDAR YEAR. THE BONUS FOR FISCAL YEAR 2011 WAS PAID IN MARCH 2011 AND THE BONUS FOR FISCAL YEAR 2012 WAS PAID IN DECEMBER 2011. PER IRS REGULATIONS, THIS SCHEDULE WAS FILLED OUT BASED ON THE CALENDAR YEAR 2011. MINNEAPOLIS COMMUNITY DEVELOPMENT AGENCY 416009115 2004-05-15 1690000 REFINANCING DEBT TO REFURBISH ORCHESTRA HALL 0 0 0 1690000 1690000 1997 0 1 1 1 0 0 0 0 1 0 1 0 0 0 1 US BANCORP RICHARD DAVIS, BOARD PAST CHAIR, CHAIRMAN, PRESIDENT & CEO OF U.S. BANCORP 100267 BANKING SERVICES 0 XCEL ENERGY BEN FOWKE, A BOARD MEMBER, IS PRESIDENT & COO OF XEL ENERGY 100097 ELECTRICAL SERVICE 0 FAEGRE & BENSON LLP STEVEN KENNEDY, TREASURER, IS OFFICER OF FAEGRE & BENSON LLP 184183 LEGAL SERVICES 0 WELLS FARGO BANK JOHN CAMPBELL, BOARD CHAIR, IS VICE PRESIDENT OF WELLS FARGO BANK 208402 BANKING SERVICES 0 X 51 1328505 TRADING PRICE 0 1 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE INCLUDES THE CHAIR, THE CHAIR-ELECT, THE IMMEDIATE PAST CHAIR, THE PRESIDENT, THE SECRETARY, THE TREASURER, THE PRESIDENT OF WAMSO-MINNESOTA ORCHESTRA VOLUNTEER ASSOCIATION, AND OTHER VOTING MEMBERS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE, SUBJECT AT ALL TIMES TO THE CONTROL AND DIRECTION OF THE BOARD OF DIRECTORS, HAS AND EXERCISES THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 BEN FOWKE, RICHARD DAVIS & CHRIS POLICINSKI - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF THE MINNESOTA ORCHESTRAL ASSOCIATION, THE PRESIDENT OF WAMSO-MINNESOTA ORCHESTRA VOLUNTEER ASSOCIATION, THE PRESIDENT-ELECT OF WAMSO, AND THE PRESIDENT OF THE YOUNG PEOPLE'S SYMPHONY CONCERT ASSOCIATION ARE EX-OFFICIO VOTING DIRECTORS DURING THE TERMS OF THEIR OFFICES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PREPARED BY THE STAFF OF THE MINNESOTA ORCHESTRAL ASSOCIATION. IT WAS THEN REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM, WHO THEN REVIEWED IT IN DETAIL WITH THE ASSOCIATION'S AUDIT COMMITTEE. THE AUDIT COMMITTEE CONSISTS ENTIRELY OF BOARD MEMBERS AND APPROVED THE 990 ON BEHALF OF THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS ASKS EACH BOARD MEMBER TO REVIEW THE ASSOCIATION'S CONFLICT OF INTEREST POLICY AND SIGN A DISCLOSURE FORM LISTING ANY POSSIBLE CONFLICTS OF INTEREST. THE SIGNED FORMS ARE REVIEWED AND DISCUSSED BY THE GOVERNANCE COMMITTEE, WHICH DECIDES WHETHER A CONFLICT OF INTEREST EXISTS. IN THE EVENT OF A CONFLICT, THE DIRECTOR NOTIFIES THE BOARD CHAIR OF THE CONFLICT AND DISCLOSES ALL RELATED MATERIAL INFORMATION. THAT DIRECTOR MAY NOT PARTICIPATE IN THE BOARD'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL INFORMATION AND RESPOND TO QUESTIONS. THAT DIRECTOR MAY NOT PARTICIPATE IN THE VOTE CONCERNING WHETHER TO ACCEPT THE CONTRACT OR TRANSACTION RELATING TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 ON AN ANNUAL BASIS, THE COMPENSATION OF THE CEO AND OTHER KEY PERSONNEL IS REVIEWED AND DETERMINED BY THE COMPENSATION/HUMAN RESOURCES COMMITTEE. IN RELATION TO COMPENSATION, THE COMMITTEE KEEPS A PERMANENT RECORD OF PROCEEDINGS, INCLUDING A REPORT AND RECOMMENDATIONS, AS WELL AS ANY MAJOR DECISIONS. WHEN THERE IS A NEW CONTRACT, THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS ALSO REVIEWS THE COMPENSATION, THEN RECOMMENDS IT FOR APPROVAL TO THE EXECUTIVE COMMITTEE AND THE FULL BOARD OF DIRECTORS. THE REVIEW PROCESS WAS LAST UNDERTAKEN IN 2012. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE SHARED UPON REQUEST WITH ANY ENTITY, INCLUDING INDIVIDUALS, FOUNDATIONS AND CORPORATIONS. THE FINANCIAL STATEMENTS ARE ALSO RELEASED TO THE PUBLIC IN A SUMMARIZED VERSION THROUGH AN ANNUAL REPORT AND THROUGH THE 990, WHICH IS AVAILABLE ON THE INTERNET. HOURS DESCRIPTION FORM 990, PART VII, SECTION A: THE FOLLOWING OFFICER/BOARD MEMEBER/TRUSTEE SERVDED ON THE REPORTING ORGANIZATION AND THE RELATED ORGANIZATION DURING THE TAX YEAR. THE AVERAGE HOUURS WORKED FOR EACH ORGANIZATION ARE LISTED BELOW: MICHEAL HENSON MINNESOTA ORCHESTRAL ASSOCIATION - 40 HOURS/WEEK OAKLEAF ENDOW TRUST FOR MN ORCHESTRA .5 HOURS/WEEK DOUGLAS SCOVANNER, JACK EUGSTER, JON SALVESON AND JEFFEREY GREINER MINNESOTA ORCHESTRAL ASSOCIATION - 1 HOURS/WEEK OAKLEAF ENDOW TRUST FOR MN ORCHESTRA .5 HOURS/WEEK CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,125,450. NET PERIODIC PENSION CREDIT -2,471,636. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -288,906. CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION & TRUST -1,853,289. TOTAL TO FORM 990, PART XI, LINE 5: -5,739,281. THE OAKLEAF ENDOWMENT TRUST FOR THE MINNESOTA ORCHESTRA 80 SOUTH EIGHT STREET 1800 IDS CENT MINNEAPOLIS MN 554024523 416429379 INVESTMENT MN 501(C)(3) LINE 11A, I MINNESOTA ORCHESTRAL ASSOCIATION 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE OAKLEAF ENDOWMENT TRUST FOR THE MINNESOTA ORCHESTRA C 3005367 FAIR MARKET VALUE