NEW WORLD SYMPHONY INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- NEW WORLD SYMPHONY INC (EIN 59-2809056)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-04-27
- IRS object ID
- 201221189349300137
- Schema version
- 2010v3.7
- 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 M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-04-27T16:32:04-04:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | 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 | 2010-07-01 | 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) |
|---|---|---|
| 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 |
| Date Signed | 2012-04-20 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Donald Butler | Name |
| Phone | 3059959600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | 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 | 46056677 | 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 | 36 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 32 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 60 | TotalNbrVolunteers |
| Total Gross UBI | 185750 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -630111 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 54314858 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 13843936 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1258044 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1976280 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 20423719 | InvestmentIncomePriorYear |
| Investment Income Current Year | 5653222 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 590373 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1918319 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 76586994 | TotalRevenuePriorYear |
| Total Revenue Current Year | 23391757 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1494582 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1069947 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1235657 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1466847 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 9071262 | OtherExpensePriorYear |
| Other Expenses Current Year | 14172387 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 10141209 | TotalExpensesPriorYear |
| Total Expenses Current Year | 16902626 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 66445785 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6489131 | RevenuesLessExpensesCY |
| Total Assets BOY | 241693208 | TotalAssetsBOY |
| Total Assets EOY | 260432983 | TotalAssetsEOY |
| Total Liabilities BOY | 26881660 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 31245458 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 214811548 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 229187525 | NetAssetsOrFundBalancesEOY |
| 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. NWS HAS LAUNCHED THE CAREERS OF MORE THAN 700 YOUNG MUSICIANS NOW MAKING A DIFFERENCE IN THE PROFESSION WORLDWIDE. ORGANIZATION OVERVIEW: A) 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 | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 8043836 | Expense |
| Description | Artistic Programming-The New World Symphony (NWS) is a unique cultural institution, internationally acclaimed by critics and audiences for its artistic excellence, innovative programming, and leadership in classical music education. NWS was founded as a vibrant educational organization with the outward expression of a symphony orchestra by Artistic Director Michael Tilson Thomas (MTT) - Music Director of the San Francisco Symphony and Principal Guest Conductor of the London Symphony Orchestra. Under his leadership, NWS presents more than 80 performances in Miami-Dade County each season, of which nearly one-fifth are free and open to the public. These now take place at the New World Center - NWS' new home in Miami Beach - at the Adrienne Arsht Center's Knight Concert Hall, and in a variety of community settings. Programming includes orchestral performances from Baroque to contemporary, a series for children and families, and a chamber series featuring NWS instrumentalists. Repertoire and guest artists reflect musical traditions from around the globe. The music's cultural, historic, artistic, and social contexts are considered as NWS presents programs of composers and works unified by geography, chronology, influence, or form. Throughout the season, NWS engages an average of 100 guest conductors, artists, composers, and coaches to deliver world-class training to its 86 Fellows and artistic programming to South Florida residents and tourists. Among the 2010-11 Season visiting faculty participating in performance activities were conductors David Robertson, John Adams, Oliver Knussen, Peter Oundjian, Rinaldo Alessandrini, Sir Neville Marriner, and Stphane Denve; virtuoso instrumentalists such as cellist Lynn Harrell; pianists Emanuel Ax, Jean-Yves Thibaudet, Orli Shaham; trombonist Ian Bousfield; and violinists Christian Tetzlaff, Jorja Fleezanis, and Leila Josefowicz. Signature programs include free pre-season concerts, which introduce audiences to the string, brass, and woodwind sections of the orchestra; "Sounds of the Times," a concert series dedicated to contemporary music; the semi-annual "Concert for Kids"; and new performance formats introduced at the New World Center such as the popular WallCast series of live audiovisual broadcasts of concerts on a 7,000 sq. ft. exterior projection wall. Honored by American Society of Composers, Authors, and Publishers (ASCAP) with awards in 2003, 2007, 2009 and 2011 for Adventurous Programming of Contemporary Music, NWS continues to underscore its commitment to the new music genre by bringing composers into the concert hall, some via Internet2, to further enhance the audience's appreciation and understanding of musical complexity. Guest composers participating in artistic and educational programs during the 2010-11 Season included Colin Matthews, for the U.S. premiere of his first Violin Concerto; David Little, for the world premiere of a work commissioned by NWS for its first Percussion Consort program presented at the New World Center; Guillaume Connesson; Osvaldo Golijov; and Thomas Ads, for the world premiere of a symphonic work commissioned by NWS for the grand opening of the New World Center. The unique artistic and educational experiences Fellows derive from interactions with visiting faculty members are at the core of the comprehensive fellowship the orchestral academy offers to its 86 gifted young musicians. The advanced professional development program helps Fellows to further cultivate the full complement of skills and qualifications required of successful 21st century artists. Currently, more than 700 NWS alumni are employed at nearly 180 orchestras and institutions in 17 countries- including the Barcelona, Boston, Korean, Montreal and So Paulo symphonies, the Hong Kong, Monte Carlo and Netherlands Radio philharmonics, and the BBC, Berlin Radio, Cleveland, and Israel Camerata orchestras. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3861769 | Expense |
| Revenue | 1976280 | Revenue |
| Description | Orchestral Training. The cornerstone of NWS' artistic excellence lies in its prestigious three-year fellowship program offered to 86 gifted music graduates. During an annual 25-city audition tour for 30 openings, Fellows are selected from more than 1,000 applicants. The comprehensive, experiential program includes multidisciplinary coaching, performance training, and community engagement activities, designed to prepare Fellows to assume leadership roles in classical music. NWS is a laboratory for musical expression where Fellows receive in-depth exposure to the full continuum of orchestral repertoire. Both musician training activities and concert programs attract the active involvement of the classical music world's leading conductors, composers, soloists, and orchestral and chamber musicians. As in recent years, an average of 20 artists and 80 coaches provided orchestral training to NWS Fellows during the 2010/11 Season. These included instrumentalists from renowned institutions such as the Boston Symphony, Cleveland Orchestra, New England Conservatory, New York Philharmonic, Philadelphia Orchestra, Rice University, and San Francisco Symphony. Further, professionals representing a wide-range of disciplines worked with Fellows on career-related training in music mentoring, audience engagement, communication skills, audition psychology, performance anxiety, stage presence, and musician's health. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 243785 | Expense |
| Description | Audience Development and Community Engagement. The artistic and educational activities associated with the Musician Professional Development Program are complemented with comprehensive audience development and 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 greater 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. Children's programming will include: - Kids in the Concert Hall Series. This series of four educational daytime concerts is designed to introduce students to the concert-going experience as well as to major works and composers of orchestral music. NWS provides free transportation for all attendees, and teachers receive a guide to further the educational impact of the performance. The most recent series, presented in December 2010, was enjoyed by 2,225 schoolchildren. - In-School Presentations, Master Classes, Coaching Sessions, and Rehearsal Observations. NWS musicians regularly visit schools to perform chamber and solo works, and share their knowledge of and enthusiasm for music with students. - Concerto Competition. This contest will, once again, be highly competitive, attracting the most talented young musicians from south Florida. The winner of the competition receives a modest cash prize, the opportunity to perform as a soloist at the Side-by-Side concert, and access to master classes at NWS. - Side-by-Side Concert. At this free annual event, dozens Of mentored students and their peers will join NWS musicians onstage to deliver one of the most anticipated performances by the community. - MusicLab Program. Launched in October 2009, this 26-week residency program now operates in five Miami-Dade County public schools. At the core of this program is the use of the internet and Internet2 technologies for distance learning in the arts, an innovative approach with the capacity to transform the way music is taught and experienced by students in our schools. All of the programs for children described above are provided free of charge. NWS' free artistic and educational programs reached more than 12,000 during the 2010-11 Season - a figure anticipated to increase substantially with the use of our new facility. Throughout the season, visiting faculty members and professionals in the field of audience development, community engagement, and related disciplines will visit NWS to lead seminars aimed at preparing the musicians to present effective programs. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 12149390 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| 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 | false | 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 | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | 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 | 111 | 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 | 36 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 32 | 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 (44 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| MADELEINE ARISON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| SARAH S ARISON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| MATTHEW W BUTTRICK | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ADAM CARLIN | ||||||||
| CHAIR OF DEVELOPMENT COMMITTEE | 2.0 | X | 0 | 0 | 0 | |||
| BRUCE E CLINTON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| BRUCE JAY COLAN | ||||||||
| EX OFFICIO, NON-VOTING | 1.0 | X | 0 | 0 | 0 | |||
| MARIO DE ARMAS | ||||||||
| TRUSTEE/TREASURER/FINANCE COMM | 1.0 | X | 0 | 0 | 0 | X | ||
| PETER J DOLARA | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| SUSAN S DUBIN | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| CASEY CUMMINGS | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| HOWARD FRANK | ||||||||
| TRUSTEE, CHAIR OF CAP. CAMP. | 1.0 | X | 0 | 0 | 0 | |||
| C THOMAS GREENE | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ROSE ELLEN GREENE | ||||||||
| VICE CHAIRMAN | 1.0 | X | 0 | 0 | 0 | X | ||
| HARRY M HERSH | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| RICHARD M JACOBS | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| NEISEN KASDIN | ||||||||
| CHAIRMAN | 5.0 | X | 0 | 0 | 0 | X | ||
| GERALD KATCHER | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| R KIRK LANDON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ENRIQUE LERNER RAIS | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ALBERT R MOLINA JR | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| WILLIAM L MORRISON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ROBERT MOSS | ||||||||
| SECRETARY | 1.0 | X | 0 | 0 | 0 | X | ||
| SANDRA R MUSS | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| PATRICIA M PAPPER | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| JEFFREY T ROBERTS | ||||||||
| CHAIR OF INVESTMENT COMMITTEE | 1.0 | X | 0 | 0 | 0 | |||
| PETER ROBBINS | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| RICHARD T SANZ | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| DIANE S SEPLER | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| EDWARD MANNO SHUMSKY | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| RICHARD SKOR | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| PAUL H STEBBINS | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| JUDY WEISER | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| SHERWOOD M WEISERDeceased 082011 | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| RICHARD J WURTMAN | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| SHELDON T ANDERSON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| SARI AGATSTON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| BRUCE W GREER | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| DAVID PHILLIPS | ||||||||
| SR VP & CFO | 60.0 | 191560 | 0 | 7431 | X | |||
| DOUGLAS MERILATT | ||||||||
| SR VP ARTISTIC PLANNING/PROG. | 60.0 | 169416 | 0 | 6556 | X | |||
| HOWARD HERRING | ||||||||
| PRESIDENT/CEO | 60.0 | 232132 | 0 | 9041 | X | |||
| VICTORIA ROGERS | ||||||||
| EXECUTIVE VICE PRESIDENT | 60.0 | 229860 | 0 | 8960 | X | |||
| WILLIAM WILLIAMS | ||||||||
| SR. VP./ DEAN OF MUSICIANS | 60.0 | 155389 | 0 | 6180 | X | |||
| PAUL WOEHRLE | ||||||||
| SR DIRECTOR OF DEVELOPMENT | 60.0 | 109012 | 0 | 4120 | X | |||
| FAYE MUNNINGS | ||||||||
| VP & ASSISTANT CFO | 60.0 | 106251 | 0 | 4011 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1193620 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 46299 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | 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 |
|---|---|---|---|---|---|
| GEHRY PARTNERS LLP | |||||
| 12541 BEATRICE ST | LOS ANGELES | CA | 90066 | ARCHITECT | 1647452 |
| ADP TOTALSOURCE | |||||
| 10200 SUNSET DRIVE | MIAMI | FL | 33173 | EMPLOYEE LEASING | 5593936 |
| FACCHINA-MCGAUGHAN LLC | |||||
| 6600 N ANDREWS AVE | FT LAUDERDALE | FL | 33309 | CONS. CONTRACTOR | 21554708 |
| VALLEY CREST LANDSCAPE DEVELOPMENT | |||||
| 1520 5326 COUNTRY ROAD 570 | SUFFNER | FL | 33584 | LANDSCAPE-CITY PARK | 7855740 |
| HINES | |||||
| PO BOX 945833 | ATLANTA | GA | 30394 | PROJECT MANAGER | 1375030 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 34 | NumberOfContractorsGT100K |
| Government Grants | 4460813 | GovernmentGrants |
| All Other Contributions | 9383123 | AllOtherContributions |
| Noncash Contributions | 810318 | NoncashContributions |
| Total Contributions | 13843936 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| CONCERT REVENUES | 711110 | 1250353 | 1250353 |
| APPLICATION FEES | 611600 | 40856 | 40856 |
| BOX OFFICE POSTAGE AND HANDLING | 561000 | 46255 | 46255 |
| THOMASHEFSKY TICKET SALES | 137635 | 137635 | |
| GRAND OPENING SALES | 251625 | 251625 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 249556 | TotalRevenueColumn |
| Related Or Exempt Function Income | 249556 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1976280 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1525885 | TotalRevenueColumn |
| Exclusion | $1,525,885 | 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 | 743926 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 558176 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 185750 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 185750 | TotalRevenueColumn |
| Unrelated Business Revenue | 185750 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 25717216 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 21589879 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4127337 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4127337 | TotalRevenueColumn |
| Exclusion | $4,127,337 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 2249434 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 516865 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1732569 | TotalRevenueColumn |
| Exclusion | $1,732,569 | 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 | 23391757 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1976280 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 185750 | UnrelatedBusinessRevenue |
| Exclusion | $7,385,791 | 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 | 1494582 | Total |
| Program Services | 1494582 | 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 | 1235657 | Total |
| Program Services | 514757 | ProgramServices |
| Management And General | 496892 | ManagementAndGeneral |
| Fundraising | 224008 | 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 | 265506 | Total |
| Management And General | 265506 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 117101 | Total |
| Management And General | 117101 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 117856 | Total |
| Management And General | 117856 | 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 | 168008 | Total |
| Program Services | 164711 | ProgramServices |
| Fundraising | 3297 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162942 | Total |
| Program Services | 10866 | ProgramServices |
| Management And General | 132076 | ManagementAndGeneral |
| Fundraising | 20000 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 281509 | Total |
| Program Services | 154808 | ProgramServices |
| Management And General | 94319 | ManagementAndGeneral |
| Fundraising | 32382 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 154482 | Total |
| Program Services | 144552 | ProgramServices |
| Management And General | 9930 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1042377 | Total |
| Program Services | 436651 | ProgramServices |
| Management And General | 605726 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 190409 | Total |
| Program Services | 168864 | ProgramServices |
| Management And General | 9434 | ManagementAndGeneral |
| Fundraising | 12111 | 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 | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 205731 | Total |
| Program Services | 205731 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1968916 | Total |
| Program Services | 1968916 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 993526 | Total |
| Program Services | 942949 | ProgramServices |
| Management And General | 50577 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| LEASED EMPLOYEES | 4358277 | 2219382 | 1277733 | 861162 |
| CONDUCTORS/SOLOISTS/COACHES | 1463904 | 1463904 | ||
| SPECIAL PROJECTS | 881124 | 881124 | ||
| VENUE | 220584 | 220584 | ||
| USHERS & SECURITY FOR CONCERTS | 177955 | 177955 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1402180 | Total |
| Program Services | 979054 | ProgramServices |
| Management And General | 109239 | ManagementAndGeneral |
| Fundraising | 313887 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16902626 | Total |
| Program Services | 12149390 | ProgramServices |
| Management And General | 3286389 | ManagementAndGeneral |
| Fundraising | 1466847 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3045049 | BOY |
| EOY | 11509116 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2412123 | BOY |
| EOY | 916531 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25598589 | BOY |
| EOY | 8275820 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1374115 | BOY |
| EOY | 898405 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11500000 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1411347 | BOY |
| EOY | 1149568 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 166321836 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 6938055 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1975038 | BOY |
| EOY | 159383781 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41642081 | BOY |
| EOY | 56562633 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20140123 | BOY |
| EOY | 21660797 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 76332 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 132594743 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241693208 | BOY |
| EOY | 260432983 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6530468 | BOY |
| EOY | 5236585 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 690785 | BOY |
| EOY | 818344 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19660407 | BOY |
| EOY | 25190529 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26881660 | BOY |
| EOY | 31245458 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21353681 | BOY |
| EOY | 141250890 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 119326854 | BOY |
| EOY | 10649908 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74131013 | BOY |
| EOY | 77286727 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 214811548 | BOY |
| EOY | 229187525 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241693208 | BOY |
| EOY | 260432983 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6489131 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 7886846 | 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 | 400000 | RevenuesIncluded |
| Assets In Part X | 423500 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| 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 | 74567100 | BeginningOfYearBalance |
| Contributions | 3155714 | Contributions |
| Investment Earnings Or Losses | 13070135 | InvestmentEarningsOrLosses |
| Other Expenditures | 3008451 | OtherExpenditures |
| End Of Year Balance | 87784498 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| 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 Minus2 Years CurrentYearMinus2Years
| 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 | 0.88000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.12000 | 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 | 156167785 | OtherCostOrOtherBasis |
| Depreciation | 4032131 | Depreciation |
| Book Value | 152135654 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9839651 | OtherCostOrOtherBasis |
| Depreciation | 2905924 | Depreciation |
| Book Value | 6933727 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 159383781 | 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 | 21660797 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 21660797 | TotalOfBookValueSecurities |
| Total Revenue | 23391757 | TotalRevenue |
| Total Expenses | 16902626 | TotalExpenses |
| Excess Or Deficit For Year | 6489131 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 8261846 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 8261846 | TotalAdjustments |
| Excess Or Deficit Per FS | 14750977 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 31889644 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 8261846 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 318371 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 558176 | OtherRevenues |
| Revenue Not Rptd F990 | 9138393 | RevenueNotRptdF990 |
| Revenue Subtotal | 22751251 | RevenueSubtotal |
| Other Revenues Not Included | 265506 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 265506 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 23016757 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 17513667 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 318371 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 558176 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 876547 | ExpensesNotRptdF990 |
| Expenses Subtotal | 16637120 | ExpensesSubtotal |
| Other Expenses Not Included | 265506 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 265506 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 16902626 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 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 | Rental expense of $558,176 is shown as an expense on the financial statements. However, rental expense is showN net of rental income on the Form 990 page 9. |
| REVENUE/EXPENSE RECONCILIATION | SCHEDULE D, PART XII LINE 4B & PART XIII LINE 4B | Management Fees of $265,506 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. |
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 | 2143544 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 2143544 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 89494 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 98703 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 310087 | OtherDirectExpensesEvent1 |
| Name Of Event2 | FAMILY EVENT | NameOfEvent2 |
| Gross Receipts Event2 | 97960 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 97960 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 18581 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 7930 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 7930 | GrossRevenueOtherEvents |
| Gross Receipts Total | 2249434 | GrossReceiptsTotal |
| Gross Revenue Total Events | 2249434 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 89494 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 98703 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 328668 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 516865 | DirectExpenseSummaryEvents |
| Net Income Summary | 1732569 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | STIPEND FOR PROGRAM PARTICIPANTS | TypeOfGrant |
| Number Of Recipients | 270 | NumberOfRecipients |
| Amount Of Cash Grant | 1494582 | AmountOfCashGrant |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID PHILLIPS | |||||||||||||
| 191560 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7431 | 0 | 198991 | 0 | 185814 | 0 |
| DOUGLAS MERILATT | |||||||||||||
| 169416 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6556 | 0 | 175972 | 0 | 163957 | 0 |
| HOWARD HERRING | |||||||||||||
| 232132 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9041 | 0 | 241173 | 0 | 224323 | 0 |
| VICTORIA ROGERS | |||||||||||||
| 229860 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8960 | 0 | 238820 | 0 | 223172 | 0 |
| WILLIAM WILLIAMS | |||||||||||||
| 155389 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6180 | 0 | 161569 | 0 | 141000 | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 400000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | INDEP. APPRAISAL | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty | |
| Securities Publicly Traded | SecuritiesPubliclyTraded | |
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
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 - $8,386,911 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW CAMPUS II LLC | BusinessNameLine1 |
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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 432074025 | EIN |
| Primary Activities | DVLP NEWFACLT | PrimaryActivities |
| Legal Domicile State | FL | LegalDomicileState |
| EOY Assets | 163650848 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NONE | BusinessNameLine1 |