2011-04-18T09:11:05-05:00 2010-08-31 LARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2009-09-01 410693875 MINNESOTA ORCHESTRAL ASSOCIATION MINN 6123715600 1111 NICOLLET MALL MINNEAPOLIS MN 55403 BRYAN EBENSTEINER 6123715600 2011-04-18 1 Xiaoyan Luo 6123764500 2009 2016-02-24 21:20:13Z MICHAEL HENSON 1111 NICOLLET MALL MINNEAPOLIS MN 55403 66393066 0 X WWW.MNORCH.ORG X 1907 MN TO ENRICH AND INSPIRE OUR COMMUNITY AS A SYMPHONY ORCHESTRA AND ORCHESTRA HALL. 86 83 617 600 249266 -5953 15954452 31141394 10482340 9206202 -11626106 4566425 154065 117093 14964751 45031114 84600 60300 0 22917806 22423888 176034 154415 1851164 10798751 8958702 33977191 31597305 -19012440 13433809 170092608 183186703 27629485 27151768 142463123 156034935 The Minnesota Orchestra will enrich and inspire our community as a symphony orchestra internationally recognized for its artistic excellence. 0 0 26833254 60300 9206202 The Minnesota Orchestra, now in its second century and led by Music Director Osmo Vanska, ranks among America's top symphonic ensembles, with a distinguished history of acclaimed performances in its home state and around the world; award-winning recordings, radio broadcasts and educational outreach programs; and a visionary commitment to building the orchestral repertoire of tomorrow. The ensemble now presents nearly 200 programs each year, primarily at its home venue of Orchestra Hall in downtown Minneapolis, and its concerts are heard by live audiences of 400,000 annually. Its Friday night performances are broadcast live regionally by Minnesota Public Radio, and many programs are subsequently featured on American Public Media's national programs, SymphonyCast and Performance Today. UNDER MUSIC DIRECTOR OSMO VANSKA, THE ORCHESTRA HAS 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. IN 2009 BIS RELEASED ITS NEWEST COLLABORATION WITH THE ORCHESTRA, THE PREMIERE RECORDING OF TO BE CERTAIN OF THE DAWN, A HOLOCAUST MEMORIAL ORATORIO BY STEPHEN PAULUS ON A LIBRETTO BY MICHAEL DENNIS BROWNE.VANSKA AND THE ORCHESTRA HAVE RECENTLY EMBARKED ON A SERIES OF NEW RECORDING INITIATIVES, INCLUDING A FIVE-YEAR PROJECT WITH BIS TO RECORD ALL FIVE BEETHOVEN PIANO CONCERTOS WITH RUSSIAN PIANIST YEVGENY SUDBIN AND, FOR THE HYPERION LABEL, LIVE IN-CONCERT RECORDINGS OF TCHAIKOVSKY'S THREE PIANO CONCERTOS AND CONCERT FANTASIA, RECORDED OVER TWO SEASONS WITH BRITISH PIANIST STEPHEN HOUGH.IN ADDITION TO TRADITIONAL CONCERTS, 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 YP. MUSICIANS ALSO ENGAGE IN SUCH ORCHESTRA-SPONSORED INITIATIVES AS THE ADOPT-A-SCHOOL PROGRAM, 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 ALSO OFFERS NUMEROUS POPS CONCERTS, PRESENTING 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 CELEBRATED ITS 30TH ANNIVERSARY IN 2010.THE 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 MINNESOTA TOURS IN 2005, 2007 AND 2008. VANSKA HAS EXTENDED HIS TENURE WITH THE MINNESOTA ORCHESTRA THROUGH 2015.IN ADDITION TO PRESENTING THE MINNESOTA ORCHESTRA IN CONCERT, THE ASSOCIATION ALSO PRESENTS RENOWNED ARTISTS FROM OTHER MUSICAL GENRES, IN ORDER TO PROVIDE THE COMMUNITY WITH THE FULL SPECTRUM OF MUSICAL OFFERINGS. EXAMPLES WOULD INCLUDE THE PRESENTATION OF CLASSICAL ARTISTS IN RECITAL, AND PERFORMING ARTISTS AND GROUPS IN THE JAZZ, POPULAR AND WORLD MUSIC CATEGORIES.OTHER SERVICES PROVIDED TO PATRONS AND PARTICIPANTS INCLUDE ASSOCIATED CONCESSION SERVICES, TICKETING, AND HALL RENTALS. 26833254 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 128 0 1 617 1 1 1 0 0 0 0 1 1 0 0 0 86 83 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MN X X BRYAN EBENSTEINER 6123715600 1111 Nicollet Mall Minneapolis MN 55403 MICHAEL HENSON 40.00 X X 374249 0 29800 MARGARET D ANKENY 1.00 X 0 0 0 EMILY BACKSTROM 1.00 X 0 0 0 KAREN BAKER 1.00 X 0 0 0 DOUGLAS M BAKER JR 1.00 X 0 0 0 MELANIE BARRY 1.00 X 0 0 0 DAVID L BOEHNEN 1.00 X 0 0 0 PAT BOWE 1.00 X 0 0 0 MARGARET A BRACKEN 1.00 X 0 0 0 BARBARA BURWELL 1.00 X 0 0 0 JON R CAMPBELL 1.00 X X 0 0 0 MARI CARLSON 1.00 X 0 0 0 TERRANCE L CARLSON 1.00 X 0 0 0 NICKY B CARPENTER 1.00 X 0 0 0 LAURA CHIN 1.00 X 0 0 0 DAVID G COLWELL 1.00 X 0 0 0 JAN M CONLIN 1.00 X 0 0 0 WILLIAM M COOK 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 K DAVIS 1.00 X X 0 0 0 JONATHAN F EISELE 1.00 X 0 0 0 JACK W EUGSTER 1.00 X X 0 0 0 JOHN F FARRELL JR 1.00 X 0 0 0 CAMERON FINDLAY 1.00 X 0 0 0 DOLLY J FITERMAN 1.00 X 0 0 0 BEN FOWKE 1.00 X 0 0 0 PABLO S GAITO 1.00 X 0 0 0 LUELLA G GOLDBERG 1.00 X 0 0 0 FRANCK L GOUGEON 1.00 X 0 0 0 PAUL D GRANGAARD 1.00 X 0 0 0 JANE P GREGERSON 1.00 X 0 0 0 JEFFREY P GREINER 1.00 X 0 0 0 N BUD GROSSMAN 1.00 X 0 0 0 NATALIE GUYN 1.00 X 0 0 0 SUSAN HAGSTRUM 1.00 X 0 0 0 RENEE LEJEUNE HALLBERG 1.00 X 0 0 0 DOROTHY HALVERSON 1.00 X 0 0 0 JANIS K HEANEY 1.00 X 0 0 0 JAYNE C HILDE 1.00 X 0 0 0 SHADRA J HOGAN 1.00 X 0 0 0 LISA HOLMBERG 1.00 X 0 0 0 MARY L HOLMES 1.00 X 0 0 0 DEBORAH J HOPP 1.00 X 0 0 0 KAREN H HUBBARD 1.00 X 0 0 0 HELLA MEARS HUEG 1.00 X 0 0 0 JAY V IHLENFELD 1.00 X 0 0 0 PHIL ISAACSON 1.00 X 0 0 0 PATRICIA JAFFRAY 1.00 X 0 0 0 KIM R JENSON 1.00 X 0 0 0 NANCY E JONES 1.00 X 0 0 0 JOANN M JUNDT 1.00 X 0 0 0 D WILLIAM KAUFMAN 1.00 X 0 0 0 DOUGLAS A KELLEY 1.00 X 0 0 0 STEVEN C KENNEDY 1.00 X 0 0 0 LLOYD G KEPPLE 1.00 X 0 0 0 PETER KITCHAK 1.00 X 0 0 0 JOSEPH M LAPENSKY 1.00 X 0 0 0 MARY LAZARUS 1.00 X 0 0 0 DOUGLAS W LEATHERDALE 1.00 X 0 0 0 AL LENZMEIER 1.00 X 0 0 0 NANCY E LINDAHL 1.00 X X 0 0 0 RONALD E LUND 1.00 X 0 0 0 JOHN T MACHUZICK 1.00 X 0 0 0 WARREN E MACK 1.00 X 0 0 0 HARVEY B MACKAY 1.00 X 0 0 0 JUDY R MAHONEY 1.00 X 0 0 0 ROBERTA MANN BENSON 1.00 X 0 0 0 JAN MCDANIEL 1.00 X 0 0 0 JAMES C MELVILLE 1.00 X 0 0 0 ERIC MERCER 1.00 X 0 0 0 ANNE W MILLER 1.00 X 0 0 0 HUGH MILLER 1.00 X 0 0 0 JOAN A MONDALE 1.00 X 0 0 0 SUSAN M MORRISON 1.00 X 0 0 0 BETTY MYERS 1.00 X 0 0 0 MARILYN C NELSON 1.00 X 0 0 0 BRUCE NICHOLSON 1.00 X 0 0 0 BECKY ODLAND 1.00 X 0 0 0 DALE R OLSETH 1.00 X 0 0 0 ANITA M PAMPUSCH 1.00 X 0 0 0 ERIC H 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 E POPP 1.00 X 0 0 0 GREGORY J PULLES 1.00 X 0 0 0 MICHAEL M ROOS 1.00 X 0 0 0 JON W SALVESON 1.00 X 0 0 0 JO ELLEN SAYLOR 1.00 X 0 0 0 DOUGLAS A SCOVANNER 1.00 X 0 0 0 WENDY SEYB 1.00 X 0 0 0 GORDON SPRENGER 1.00 X 0 0 0 JOHN STANOCH 1.00 X 0 0 0 DOUGLAS M STEENLAND 1.00 X 0 0 0 MARY S SUMNERS 1.00 X 0 0 0 GEORGIA THOMPSON 1.00 X 0 0 0 JAMES E ULLAND 1.00 X 0 0 0 JAMES S WAFLER 1.00 X 0 0 0 MAXINE HOUGHTON WALLIN 1.00 X 0 0 0 WENDY WENGER DANKEY 1.00 X 0 0 0 DAVID S WICHMANN TREASURER 1.00 X 0 0 0 JOHN WILGERS 1.00 X 0 0 0 THERESA WISE 1.00 X 0 0 0 NICOLE M WOODHOUSE 1.00 X 0 0 0 PAUL ZELLER 1.00 X 0 0 0 BRYAN EBENSTEINER 40.00 X 127177 0 13730 ROBERT NEU 40.00 X 162696 0 20500 OSMO VANSKA 40.00 X 1021581 0 14041 R DOUG WRIGHT 40.00 X 182299 0 26534 SARAH KWAK 40.00 X 181935 0 14919 BURT HARA 40.00 X 181558 0 26534 BASIL REEVE 40.00 X 179409 0 14386 MICHAEL GAST 40.00 X 178713 0 20660 2589617 0 181104 91 0 1 0 KUWABARA PAYNE MCKENNA & BLUMBERG 322 KING STREET WEST 3RD FLOOR TORONTO CA M5V1J2 ARCHITECT 1150624 NELSON TIETZ & HOY inc 81 South 9th Street Suite 330 Minneapolis MN 55402 PROJECT MANAGER 200376 SD&A TELESERVICES INC 5757 WEST CENTURY BOULEVARD SUITE LOS ANGELES CA 90045 TELEPHONE CAMPAIGN 154415 PGM PRODUCTIONS INC 301 WEST 108TH STREET 11a New York NY 10025 GUEST ARTIST 114000 4 773682 1090591 29277121 3006093 31141394 ORCHESTRA TICKETS 711130 5558011 5558011 NON-ORCHESTRA TICKETS 711130 1301301 1301301 CONCESSIONS & FEES 711130 1004208 993969 10239 ORCHESTRA SERVICE FEES 711130 808206 808206 RENTAL EVENTS 532000 429327 189935 239392 105149 105149 9206202 1764230 -365 1764595 15655 15655 23586799 20800259 2786540 2786540 2786540 231448 773682 290290 -58842 -58842 447338 271403 175935 175935 45031114 8956571 249266 4683883 54000 54000 6300 6300 1892397 1187311 705086 16141876 14753641 621442 766793 690864 628393 27965 34506 2587665 2310018 124288 153359 1111086 1004886 47540 58660 11830 915 10915 41722 41722 80347 80347 154415 154415 2523835 2519085 4750 1938102 1938102 353254 91913 132694 128647 89912 4969 69682 15261 93385 93385 526739 377241 116000 33498 793907 742611 35176 16120 4310 2442 985 883 724075 38182 685893 637241 577241 30000 30000 168499 168499 DONOR RECOGNITION 316571 316571 ADMIN & FACILITY COSTS 316026 106026 95000 115000 CREDIT CARD FEES 213296 190595 22701 MUSIC RENTAL LICENSES 64227 64227 DIRECT CONCERT EXPENSES 61424 61424 31597305 26833254 2912887 1851164 761639 454429 1293888 1289876 20159362 22806236 98018 545554 75000 37500 52380 59545 1437495 1104320 25416811 17272512 7132155 8144299 54921281 64892288 82510570 82528256 1477585 1204818 173235 119582 170092608 183186703 2882811 3128439 3610116 3434029 1690000 1690000 12465000 9250000 6981558 9649300 27629485 27151768 X -10093757 -13302321 20029591 35573179 132527289 133764077 142463123 156034935 170092608 183186703 X 0 1 1 X 0 X 18099183 17688804 21508696 15954452 31141394 104392529 18099183 17688804 21508696 15954452 31141394 104392529 24449049 79943480 2860169 3704162 4396075 2354926 1780250 15095582 83820 83820 119571931 50539997 0.66860 0.63350 X Schedule A, Part II, Line 10, Explanation of Other Income: OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 120843 120843 31795117 31915960 1000000 250000 0 0 1000000 1000000 2000000 3000000 99025 120843 219868 250000 250000 500000 750000 15250 15250 74007874 1194477 6335402 6938658 74599095 93417008 822217 -12913370 7317981 74007874 0.99210 0.00790 0 0 3006334 3006334 10305396 9274729 1030667 6468979 3277500 3191479 5597903 4720283 877620 38199 38199 8144299 56163206 F FUND OF HEDGE FUNDS & PRIVATE EQUITY 26365050 F 82528256 UNFUNDED PENSION LIABILITY 9649300 9649300 45031114 31597305 13433809 2366790 -2228787 138003 13571812 49205603 2366790 318655 927351 3612796 45592807 -561693 -561693 45031114 35633791 318655 3717831 4036486 31597305 0 31597305 Part V, Line 4: Description of Intended Use of Endowment Funds: 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. Part XI, Line 8 - Other Adjustments: NET PERIODIC PENSION CREDIT: -3156138. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS: -113261. CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION & TRUST: 1040612. Part XII, Line 2d - Other Adjustments: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS: -113261. CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION & TRUST: 1040612. Part XII, Line 4b - Other Adjustments: FUNDRAISING EVENT EXPENSES: -290290. COST OF GOODS SOLD: -271403. Part XIII, Line 2d - Other Adjustments: FUNDRAISING EVENT EXPENSES: 290290. COST OF GOODS SOLD: 271403. PENSION EXPENSE: 3156138. EUROPE PROGRAM SERVICES 1-WEEK SYMPHONY ORCHESTRA CONCERT TOUR 881622 0 0 881622 Procedure for Monitoring Grants Outside the U.S.: Schedule F, Part I, Line 2: THE MINNESOTA ORCHESTRAL ASSOCIATION DOES NOT MAKE GRANTS TO FOREIGN INDIVIDUALS OR ORGANIZATIONS. ALL EXPENDITURES IN EUROPE WERE FOR PROGRAM ACTIVITIES RELATED TO A 1-WEEK TOUR OF EUROPE CONDUCTED BY THE SYMPHONY ORCHESTRA. Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: THE ORGANIZATION OPERATES UNDER THE ACCRUAL BASIS OF ACCOUNTING. X X X X X X X 1 SD&A TELESERVICES INC TELEPHONE CAMPAIGN 0 637631 154415 483216 637631 154415 483216 MN BALL 980130 748682 231448 101509 135396 6994 46391 980130 748682 231448 101509 135396 6994 46391 290290 -58842 1 MINNESOTA CITIZENS FOR THE ARTS 2233 UNIVERSITY AVENUE ST PAUL MN 55114 411262965 501(C)(4) 54000 ARTS LOBBYING 0 1 YOUNG PEOPLE'S COMPETITION 10 6300 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 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL HENSON 370610 0 0 0 3639 0 11599 0 18201 0 404049 0 0 0 ROBERT NEU 162696 0 0 0 0 0 7849 0 12651 0 183196 0 0 0 OSMO VANSKA 987205 0 0 0 34376 0 0 0 14041 0 1035622 0 0 0 R DOUG WRIGHT 182299 0 0 0 0 0 6631 0 19903 0 208833 0 0 0 SARAH KWAK 181935 0 0 0 0 0 6614 0 8305 0 196854 0 0 0 BURT HARA 181558 0 0 0 0 0 6631 0 19903 0 208092 0 0 0 BASIL REEVE 179409 0 0 0 0 0 6597 0 7789 0 193795 0 0 0 MICHAEL GAST 178713 0 0 0 0 0 6619 0 14041 0 199373 0 0 0 Part I, Line 1a FIRST-CLASS OR CHARTER TRAVEL: Osmo Vanska had one first class flight (per music director contract) during the 2010 European Tour. THE ORGANIZATION HAD ONE CHARTER FLIGHT DURING THE 2010 EUROPEAN TOUR. THIS FLIGHT INCLUDED ROBERT NEU, OSMO VANSKA AND THE HIGHEST PAID EMPLOYEES. THESE AMOUNTS WERE NOT INCLUDED IN THE INDIVIDUALS' TAXABLE COMPENSATION. HOUSING ALLOWANCE - $29,181 - OSMO VANSKA - INCLUDED IN TAXABLE COMPENSATION. business CLUB DUES - $4,251 - MICHAEL HENSON - MINNEAPOLIS CLUB - NOT INCLUDIBLE IN TAXABLE COMPENSATION and utilized for business purposes and meetings MINNEAPOLIS COMMUNITY DEVELOPMENT AGENCY 416009115 2004-05-15 1690000 REFINANCING DEBT TO REFURBISH ORCHESTRA HALL 0 0 1690000 33800 1656200 1997 1 0 1 1 0 0 0 0 0 0.02700 0.02700 1 0 1 0 0 0 1 OSMO VANSKA SIGNING BONUS INCLUDED IN CONTRACT EXTENSION X 150000 37500 0 1 1 37500 US BANCORP RICHARD DAVIS, BOARD CHAIR, IS CHAIRMAN, PRESIDENT & CEO 234719 BANKING SERVICES 0 XCEL ENERGY BEN FOWKE, A BOARD MEMBER, IS PRESIDENT & COO 120448 ELECTRICAL SERVICE 0 X 70 2923843 TRADING PRICE X 1 82250 SALES PRICE 1 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 PROCESS LAST INCLUDED REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION IN 2010. 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.