2013-08-13T13:27:23-05:00 2012-09-30 952302617 SINGERLEWAK LLP 10960 WILSHIRE BLVD STE 700 LOS ANGELES CA 900243783 990 2011-10-01 951696734 LOS ANGELES PHILHARMONIC ASSOCIATION LOSA 2139727300 151 SOUTH GRAND AVE LOS ANGELES CA 900123034 MICHAEL DEMARTINI 2139727300 2013-08-08 1 LIOR TEMKIN P00748170 3104773924 2013-07-26 2011 2016-02-24 21:20:13Z MICHAEL DEMARTINI 151 SOUTH GRAND AVE LOS ANGELES CA 900123034 117459760 0 X WWW.LAPHIL.ORG X 1934 CA THE MISSION OF THE LOS ANGELES PHILHARMONIC ASSOCIATION IS TO PERFORM, PRESENT, AND PROMOTE MUSIC IN ITS MANY VARIED FORMS AT THE HIGHEST LEVEL OF EXCELLENCE TO A LARGE AND DIVERSE AUDIENCE. 58 58 1980 1175 20134 0 33142366 38852604 73712103 75339793 3347658 416735 -207043 -294582 109995084 114314550 0 0 0 0 53679856 55618210 486566 408385 5490184 49758808 52408676 103925230 108435271 6069854 5879279 186511130 205220764 47766691 50607006 138744439 154613758 X THE MISSION OF THE LOS ANGELES PHILHARMONIC ASSOCIATION IS TO PERFORM, PRESENT, AND PROMOTE MUSIC IN ITS MANY VARIED FORMS AT THE HIGHEST LEVEL OF EXCELLENCE TO A LARGE AND DIVERSE AUDIENCE. 0 0 40606970 42753400 ORCHESTRAL PERFORMANCE:# OF TICKETS: 594,676 8927760 16365777 NON-ORCHESTRAL PERFORMANCES:# OF TICKETS: 296,420 3378865 638000 TOUR CONCERTS, NEIGHBORHOOD CONCERTS AND RUN-OUTS:# OF TICKETS:TOURS: 17,251 RUN-OUTS: 4,326 39723960 15693795 CONCERTS BY OTHER PRESENTERS, RECORDING/ROYALTIES AND OTHER MISCELLANEOUS PROGRAM SERVICES. 39723960 15693795 92637555 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 480 0 1 1980 1 1 1 0 0 0 0 1 1 0 0 0 0 X 58 58 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X MICHAEL DEMARTINI VP & CFO 2139727300 151 S GRAND AVE LOS ANGELES CA 900123034 JULIE ANDREWS 1.00 X 0 0 0 WALLIS ANNENBERG 1.00 X 0 0 0 DAVID N BARRY III 1.00 X 0 0 0 DAVID C BOHNETT 5.00 X 0 0 0 LYNN A BOOTH 1.00 X 0 0 0 ANTHON S CANNON JR 1.00 X 0 0 0 JENNIFER CHERNICK 1.00 X 0 0 0 MARK HOUSTON DALZELL 1.00 X 0 0 0 MARI L DANIHEL 1.00 X 0 0 0 KELVIN L DAVIS 1.00 X 0 0 0 DONALD P DE BRIER 1.00 X 0 0 0 KENNETH M DORAN 1.00 X 0 0 0 JERROLD L EBERHARDT 1.00 X 0 0 0 LOUISE D EDGERTON 1.00 X 0 0 0 JANE B EISNER 1.00 X 0 0 0 LAWRENCE N FIELD 1.00 X 0 0 0 STEPHEN E FRANK 1.00 X 0 0 0 TIMOTHY F GALLAGHER 1.00 X 0 0 0 AIDA KOUKEYAN GAONA 1.00 X 0 0 0 FRANK GEHRY 1.00 X 0 0 0 DAVID I GINDLER 1.00 X 0 0 0 CECILIA AGUILERA GLASSMAN 1.00 X 0 0 0 BRAM GOLDSMITH 1.00 X 0 0 0 LENORE S GREENBERG 1.00 X 0 0 0 CAROL COLBURN GRIGOR HOGEL 1.00 X 0 0 0 PASI HAMALAINEN 1.00 X 0 0 0 KATHRYN HOFGAARDEN 1.00 X 0 0 0 JOHN F HOTCHKIS 1.00 X 0 0 0 DARIOUSH KHALEDI 1.00 X 0 0 0 JOYCE A KRESA 1.00 X 0 0 0 JOHN V MALLORY 1.00 X 0 0 0 GINNY MANCINI 1.00 X 0 0 0 MAURICE MARCIANO 1.00 X 0 0 0 VICKI MCCLUGGAGE 1.00 X 0 0 0 BOWEN H MCCOY 1.00 X 0 0 0 DIANE DISNEY MILLER 1.00 X 0 0 0 YOUNES NAZARIAN 1.00 X 0 0 0 LEITH O'LEARY 1.00 X 0 0 0 CHARLES B ORTNER 1.00 X 0 0 0 DIANE B PAUL 1.00 X 0 0 0 WILLIAM C POWERS 1.00 X 0 0 0 DR BARRY D PRESSMAN MD 1.00 X 0 0 0 JAY RASULO 1.00 X 0 0 0 DUDLEY A RAUCH 1.00 X 0 0 0 ANN RONUS 1.00 X 0 0 0 DR ARMIN M SADOFF 1.00 X 0 0 0 NANCY S SANDERS 1.00 X 0 0 0 ROCCO C SICILIANO 1.00 X 0 0 0 JOHN SIMPSON 1.00 X 0 0 0 ERIC L SMALL 1.00 X 0 0 0 H RUSSELL SMITH 1.00 X 0 0 0 CHRISTIAN STRACKE 1.00 X 0 0 0 DR RONALD D SUGAR 1.00 X 0 0 0 JACK SUZAR 1.00 X 0 0 0 ALAN WAYTE 1.00 X 0 0 0 JONATHAN WEEDMAN 1.00 X 0 0 0 WARREN BROOKS WILLIAMSON 1.00 X 0 0 0 MARILYN ZIERING 1.00 X 0 0 0 DEBORAH BORDA 60.00 X 1676531 0 74508 ARVIND MANOCHA 60.00 X 402726 0 29589 MICHAEL DEMARTINI 60.00 X 311705 0 60571 GUSTAVO DUDAMEL 60.00 X 1398112 0 26976 TIM LANDI 60.00 X 280938 0 19529 CHAD SMITH 60.00 X 247480 0 33491 SHANA MATHUR 60.00 X 242180 0 39901 GAIL SAMUEL 60.00 X 244770 0 74098 MARTIN CHALIFOUR 40.00 X 435315 0 38059 WHITNEY CROCKETT 40.00 X 302097 0 37954 KEVIN WAPNER 40.00 X 260450 0 53228 CHRISTOPHER HANULIK 40.00 X 249571 0 39791 JAMES MILLER 40.00 X 241563 0 33628 6293438 0 561323 135 0 1 0 DCM INC 45 MAIN STREET STE 816 BROOKLYN NY 11201 TELEMARKETING & TELEFUNDING 1573422 BERNHARD FLEISCHER MOVING IMAGES LLC 9595 WILSHIRE BLVD STE 305 BEVERLY HILLS CA 90212 PRODUCTION SERVICES 1164372 TRANSIT SYSTEMS UNLTD INC 8976 LAUREL CANYON BLVD SUN VALLEY CA 91352 BUS SERVICE 1082786 CONTEMPORARY SERVICES CORPORATION DEPARTMENT 8518 LOS ANGELES CA 90084 SECURITY 1016142 PALISADES MEDIA GROUP INC 1620 26TH ST STE 200 S SANTA MONICA CA 90404 MEDIA ADVERTISING 986186 56 4477040 3733081 30642483 415423 38852604 CONCERTS 711300 60280996 60280996 CONCERTS BY OTHERS 711300 6495350 6495350 CONCESSION/ PARKING 812930 5453931 5453931 OTHER PROGRAM INCOME 900099 1718933 1718933 RECORDING/ ROYALTIES 900099 1390583 1390583 75339793 1104064 15028 1089036 687329 -687329 -687329 -687329 360550 4477040 771417 -410867 -410867 1802749 1686464 116285 111179 5106 114314550 68606458 20134 6835354 5007519 2383220 2393044 231255 38078863 33325665 2844523 1908675 4068759 3346240 353047 369472 5330004 4601956 431036 297012 3133065 2608897 329433 194735 592671 40929 551742 120413 120413 408385 408385 415890 415890 5533215 5304596 29608 199011 4094961 3030743 498210 566008 212382 5015 202697 4670 596943 592928 3973 42 3133190 3109661 22954 575 3419403 3251661 147084 20658 21304 14191 1105 6008 1294512 811046 483466 1084288 917088 167200 CONTRACT SERVICES 22123700 20756224 971425 396051 CONCERT PRESENTATIONS B 4090782 4090782 EQUIPMENT RENTAL 1685725 1577594 108131 CREDIT CARD COMMISSIONS 1665291 1278798 96104 290389 2324006 1590321 244578 489107 108435271 92637555 10307532 5490184 2615051 7258574 18412017 14087842 17826339 12277057 1606870 3136185 377192 388408 2067608 1909216 32812407 20668135 9308920 12144272 134297133 154019210 186511130 205220764 7336161 8745744 19242568 18810086 21187962 23051176 47766691 50607006 X 38724439 43275758 9615000 15941000 90405000 95397000 138744439 154613758 186511130 205220764 X 5879279 9990040 X 0 1 1 X 0 X 32862256 23393253 38486487 33142366 38852604 166736966 68879125 67705595 72688355 73712103 75339793 358324971 101741381 91098848 111174842 106854469 114192397 525061937 12480637 6916101 17660461 9343100 13721968 60122267 874162 350329 1224491 12480637 6916101 18534623 9343100 14072297 61346758 463715179 1990963 1583938 1405694 880398 1104064 6965057 -39657 -41915 3251 12353 20134 -45834 1951306 1542023 1408945 892751 1124198 6919223 103692687 92640871 112583787 107747220 115316595 531981160 0.87170 0.87490 0.01300 0.01630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 137649602 12946560 11872080 5684826 156783416 132581335 5696279 4303115 4931127 137649602 112793597 12260569 11798990 4271821 132581335 108485457 9979265 502821 6173946 112793597 0.38400 0.61600 0.00000 1 0 20681901 11993702 8688199 7880598 6465910 1414688 4249908 2208523 2041385 12144272 PARTNERSHIP INTEREST & OTHER FUNDS 34184000 F MCF UNITIZED FUND 119835210 F 154019210 PENSION AND POST-RETIREMENT MEDICAL BENEFIT COST 23051176 23051176 114314550 108435271 5879279 11875819 -1885779 9990040 15869319 131116000 11875819 7559482 19435301 111680699 415890 2217961 2633851 114314550 112979000 4959619 4959619 108019381 415890 415890 108435271 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUNDS SUPPORT EDUCATION AND MUSIC PROGRAMS, AND THE MISSION OF THE ASSOCIATION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC NO. 740, "UNCERTAINTY IN INCOME TAXES" ("ASC 740"), THE ASSOCIATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. TO DATE, THE ASSOCIATION HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE ASSOCIATION'S POLICY IS TO RECOGNIZE POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE, IF ANY. DURING THE YEAR ENDED SEPTEMBER 30, 2012, THE ASSOCIATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THE FEDERAL AND STATE OF CALIFORNIA INCOME TAX RETURNS OF THE ASSOCIATION STILL OPEN AND SUBJECT TO IRS OR STATE OF CALIFORNIA EXAMINATION ARE AS FOLLOWS: JURISDICTION: OPEN TAX YEARS: FEDERAL 2008 - 2011 STATE 2007 - 2011 PART XI, LINE 8 - OTHER ADJUSTMENTS: INCREASE IN ACTUARIAL LOSS -1,885,279. ROUNDING -500. TOTAL TO SCHEDULE D, PART XI, LINE 8: -1,885,779. PART XII, LINE 2D - OTHER ADJUSTMENTS: NON-MONETARY EXCHANGE - IN KIND INCOME 4,190,193. SPECIAL EVENTS - DIRECT EXPENSES 759,937. INVESTMENT GAIN OF MUSIC CENTER FOUNDATION 2,608,565. ROUNDING 787. PART XII, LINE 4B - OTHER ADJUSTMENTS: MUSIC CENTER CONTRIBUTION 2,217,961. PART XIII, LINE 2D - OTHER ADJUSTMENTS: NON-MONETARY EXCHANGE - IN KIND INCOME 4,190,193. SPECIAL EVENTS - DIRECT EXPENSES 759,937. ROUNDING 9,489. SOUTH AMERICA 0 0 PROGRAM SERVICE TOUR CONCERTS - SEE SCHEDULE O 2585368 0 0 0 0 0 0 2585368 0 2585368 0 0 0 0 0 0 X 1 SD&A TELESERVICES INC 5757 WEST CENTURY BLVD 300 LOS ANGELES CA 90045 TELEFUNDING 1 1101046 408385 692661 1101046 408385 692661 CA WINTER GALA 3418294 3302650 115644 5507 147992 SUMMER GALA 1419296 1174390 244906 5973 611945 4837590 4477040 360550 11480 759937 771417 -410867 X X 1 1 X X X X X 1 1 0 0 0 0 0 0 0 DEBORAH BORDA 741964 0 500000 0 434567 0 62600 0 11908 0 1751039 0 0 0 ARVIND MANOCHA 338226 0 57000 0 7500 0 18100 0 11489 0 432315 0 0 0 MICHAEL DEMARTINI 269705 0 42000 0 0 0 32300 0 28271 0 372276 0 0 0 GUSTAVO DUDAMEL 1286112 0 0 0 112000 0 0 0 26976 0 1425088 0 0 0 TIM LANDI 280938 0 0 0 0 0 13800 0 5729 0 300467 0 0 0 CHAD SMITH 205480 0 42000 0 0 0 22900 0 10591 0 280971 0 0 0 SHANA MATHUR 200180 0 42000 0 0 0 12100 0 27801 0 282081 0 0 0 GAIL SAMUEL 199770 0 42000 0 3000 0 46300 0 27798 0 318868 0 0 0 MARTIN CHALIFOUR 435315 0 0 0 0 0 10728 0 27331 0 473374 0 0 0 WHITNEY CROCKETT 302097 0 0 0 0 0 10623 0 27331 0 340051 0 0 0 KEVIN WAPNER 260450 0 0 0 0 0 28580 0 24648 0 313678 0 0 0 CHRISTOPHER HANULIK 249571 0 0 0 0 0 12460 0 27331 0 289362 0 0 0 JAMES MILLER 241563 0 0 0 0 0 11213 0 22415 0 275191 0 0 0 PART I, LINES 4A-B PART I, LINES 4A-B: LINE 4A: AS PER A CONFIDENTIALITY AGREEMENT SIGNED BY THE ORGANIZATION, THE SEPARATION PAYMENT TO AN EMPLOYEE IS NOT OPEN FOR PUBLIC INSPECTION. LINE 4B: DEBORAH BORDA HAS A 457(F) RETIREMENT PLAN. THE AMOUNT INCLUDED ON MS. BORDA'S 2011 W-2 WAS $379,055. PART II, COLUMN F: AS PER IRS INSTRUCTIONS, COLUMN F IS ONLY TO INCLUDE COMPENSATION REPORTED IN COLUMN B OF THE CURRENT YEAR THAT WAS ALSO REPORTED IN THE PRIOR YEAR FORM 990. SINCE THERE WERE NO SUCH OVERLAPPING AMOUNTS, NO PRIOR COMPENSATION WAS LISTED IN COLUMN F. X 30 377923 FMV X MUSICAL INSTRUMENT 1 37500 FMV 0 0 0 1 THIRD PARTY USE: PART I, LINE 32B: A THIRD PARTY BROKERAGE COMPANY SELLS DONATED STOCKS ONCE THEY ARE RECEIVED BY THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE FORMULATES, SUPERVISES AND IMPLEMENTS THE POLICIES OF THE CORPORATION UNDER THE DIRECTION OF THE BOARD OF DIRECTORS. MEMBERS ARE APPOINTED TO THE EXECUTIVE COMMITTEE WHICH CONSISTS OF THE CHAIRMAN OF THE BOARD, VICE CHAIRS AND THE CHAIRS OF THE MAJOR COMMITTEES. ADDITIONAL DIRECTORS MAY BE APPOINTED BY THE CHAIRMAN AND APPROVED BY THE BOARD OF DIRECTORS. THE FOLLOWING ARE THE VICE CHAIR AND MEMBERS OF THE EXECUTIVE COMMITTEE: CHAIRMAN OF THE BOARD: DAVID C. BOHNETT VICE CHAIRS: JERROLD L. EBERHARDT GINNY MANCINI VICKI MCCLUGGAGE WILLIAM C. POWERS JAY RASULO RONALD D. SUGAR EXECUTIVE COMMITTEE MEMBERS (INCLUDING VICE CHAIRS LISTED ABOVE): DAVID C. BOHNETT ANTHON S. CANNON JR. MARK H. DALZELL DONALD DE BRIER JERROLD L. EBERHARDT LAWRENCE N. FIELD STEPHEN E. FRANK JOHN F. HOTCHKIS GINNY MANCINI VICKI MCCLUGGAGE WILLIAM C. POWERS BARRY D. PRESSMAN JAY RASULO DUDLEY A. RAUCH NANCY S. SANDERS RONALD D. SUGAR ALAN WAYTE WARREN BROOKS WILLIAMSON FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR THEIR REVIEW PRIOR TO THE MEETING WITH THE TAX ACCOUNTANTS AND STAFF. DURING THIS MEETING, THE AUDIT COMMITTEE INQUIRES AND RECOMMENDS ANY CHANGES NEEDED THEN APPROVES THE FORM 990 FOR FILING. THE FINAL DRAFT OF THE FORM IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO ELECTRONIC FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION SENDS A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY TO THE BOARD OF DIRECTORS, OFFICERS, VP'S AND KEY EMPLOYEES. THE QUESTIONNAIRES ARE REVIEWED TO ENSURE THEY ARE COMPLIANT WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF INDEPENDENT DIRECTORS REVIEWS AND APPROVES IN ADVANCE THE COMPENSATION PACKAGE FOR OFFICERS AND KEY EMPLOYEES BASED ON A COMPARATIVE ANALYSIS OF THE COMPENSATION OF SIMILARLY SITUATED OFFICERS AND EMPLOYEES AT SIMILAR ORGANIZATIONS PREPARED INTERNALLY WITH THE PERIODIC ASSISTANCE OF A QUALIFIED INDEPENDENT COMPENSATION CONSULTANT. FOR THE PRESIDENT AND CEO'S EMPLOYMENT CONTRACT, THE COMPENSATION COMMITTEE ENGAGED AN INDEPENDENT COMPENSATION CONSULTANT TO PROVIDE A DETAILED COMPARATIVE ANALYSIS OF OTHER CEO COMPENSATION AT SIMILAR ORGANIZATIONS TO SUPPORT THE REASONABLENESS OF HER TOTAL COMPENSATION PACKAGE. THE COMPENSATION TERMS AND THE RESULTS OF BOTH THE INTERNAL AND INDEPENDENT COMPENSATION ANALYSIS WERE THEN REVIEWED AND DISCUSSED IN DETAIL WITH THE INPUT OF THE COMPENSATION CONSULTANT AND APPROVED IN ADVANCE BY AN AUTHORIZED BODY OF INDEPENDENT DIRECTORS. FINALLY, THE ENTIRE PROCESS WAS CONCURRENTLY DOCUMENTED DETAILING THE ANALYSIS AND BASIS FOR THE COMPENSATION DETERMINATION. FORM 990, PART VI, SECTION C, LINE 18 ALL INFORMATIONAL RETURN DOCUMENTS ARE AVAILABLE TO THE PUBLIC EITHER THROUGH WWW.GUIDESTAR.ORG OR UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, INFORMATION RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PROCEEDS FROM SALE OF STOCKS & COST OR OTHER BASIS: FORM 990, PART VIII, LINE 7A & 7B: THE ORGANIZATION HAS INVESTMENT ACCOUNTS, HEDGE FUNDS AND OTHER INVESTMENT PARTNERSHIPS WITH MANY STOCK TRANSACTIONS. DUE TO THE LARGE QUANTITY OF STOCK TRANSACTIONS, THIS INFORMATION IS NOT INCLUDED IN THE RETURN, BUT IS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 11,875,819. INCREASE IN ACTUARIAL LOSS -1,885,279. ROUNDING -500. TOTAL TO FORM 990, PART XI, LINE 5: 9,990,040. SCHEDULE F, PART I, LINE 3E: TOTAL EXPENDITURES FOR THE TOUR CONCERTS INCLUDE A PORTION OF COMPENSATION AND OTHER EMPLOYMENT-RELATED COSTS PAID TO OR FOR THE BENEFIT OF U.S. EMPLOYEES TRAVELING TO THE REGION.