2024-05-07T15:58:00-05:00 2023-06-30 420794029 DENMAN CPA LLP 1601 22ND STREET SUITE 400 WEST DES MOINES IA 502661453 990 2022-07-01 426058830 DES MOINES SYMPHONY ASSOCIATION DESM 5152804000 1011 LOCUST ST 200 DES MOINES IA 50309 RICHARD EARLY EXECUTIVE DIRECTOR 5152804000 2024-05-07 1 RICHARD EARLY 999009999 0 JEFFEREY ROY P01951847 5152258400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICHARD EARLY 1011 LOCUST STREET DES MOINES IA 50309 3213200 0 X WWW.DMSYMPHONY.ORG X 1937 IA THE MISSION OF THE DES MOINES SYMPHONY IS TO ENRICH, EDUCATE, AND INSPIRE THE COMMUNITY BY PERFORMING GREAT ORCHESTRAL MUSIC. 25 25 282 96 23290 0 4222938 1982439 1061164 1175174 0 0 2083 7545 5286185 3165158 0 0 0 0 2343486 2321844 0 0 264183 1156141 1625220 3499627 3947064 1786558 -781906 19278487 20186211 388266 1058203 18890221 19128008 X THE DES MOINES SYMPHONY IS A NOT-FOR-PROFIT, PROFESSIONAL ORCHESTRA FORMED IN 1937 TO ENRICH, EDUCATE, AND INSPIRE THE COMMUNITY BY PERFORMING GREAT ORCHESTRAL MUSIC. THE SYMPHONY ASSOCIATION, GOVERNED BY A VOLUNTEER BOARD OF TRUSTEES AND OPERATING ON AN ANNUAL BUDGET OF MORE THAN 4.2 MILLION, SUPPORTS THE SYMPHONY ACADEMY AND ITS NUMEROUS MUSIC EDUCATION PROGRAMS INCLUDING FOUR YOUTH ORCHESTRAS AND A YOUTH WIND ENSEMBLE. THE ASSOCIATION ALSO SUPPORTS THE DES MOINES SYMPHONY ORCHESTRA WHICH PERFORMS SEVEN PAIRS OF MASTERWORKS CONCERTS, A SUMMER SEASON OF FREE OUTDOOR CONCERTS AT THE LAURIDSEN AMPHITHEATER IN WATER WORKS PARK, A REGULAR SEASON POPS SERIES INCLUDING THE TRADITIONAL NEW YEAR'S EVE POPS, AND EDUCATION, OUTREACH, AND FAMILY CONCERTS. THE DES MOINES SYMPHONY ALSO PRODUCES AND PERFORMS THE ANNUAL YANKEE DOODLE POPS CONCERT IN JULY ON THE GROUND OF THE IOWA STATE CAPITAL. 0 0 2692444 902113 CONCERT PERFORMANCESTHE DES MOINES SYMPHONY ASSOCIATION PERFORMS SEVEN PAIRS OF MASTERWORKS CONCERTS, AS WELL AS EDUCATION AND FAMILY CONCERTS, AND BOTH A REGULAR SEASON AND SUMMER SEASON POPS SERIES WHICH DRAWS AUDIENCE MEMBERS FROM THROUGHOUT IOWA. 422102 261149 MUSIC EDUCATIONTHE DES MOINES SYMPHONY ACADEMY PROVIDES AN ARRAY OF PROGRAMS AND OPPORTUNITIES FOR INDIVIDUAL AND GROUP INSTRUCTION, PERFORMANCE, AND COMMUNITY INVOLVEMENT FOR STUDENTS OF ALL AGES. 3114546 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 25 0 282 1 1 1 0 0 0 0 1 1 0 0 0 0 X 25 25 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 5152804000 1011 LOCUST ST SUITE 200 DES MOINES IA 50309 DOUGLAS B DORNER MD PRESIDENT 1.00 X X 0 0 0 ANGELA R SANDERS IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 BARBARA BEATTY MD VICE PRESIDENT / PRESIDENT ELECT 1.00 X X 0 0 0 REBECCA L YOUNG SECRETARY 1.00 X X 0 0 0 LYNNE FLATER TREASURER 1.00 X X 0 0 0 RUSSELL J BITTERMAN TRUSTEE 1.00 X 0 0 0 DAVID BRICK TRUSTEE 1.00 X 0 0 0 LIZZY NEUGENT DIXON TRUSTEE 1.00 X 0 0 0 MARY EDRINGTON TRUSTEE 1.00 X 0 0 0 KATHRYN GREENFIELD TRUSTEE 1.00 X 0 0 0 KATE HIGHTSHOE-LAMBERT TRUSTEE 1.00 X 0 0 0 MARY HONEYMAN-SPEICHINGER TRUSTEE 1.00 X 0 0 0 DR YULIA JOHNSON TRUSTEE 1.00 X 0 0 0 KAYLEIGH KOESTER TRUSTEE 1.00 X 0 0 0 RON MAAHS TRUSTEE 1.00 X 0 0 0 ALAN MAGRUDER PHD TRUSTEE 1.00 X 0 0 0 BARBARA G MILES TRUSTEE 1.00 X 0 0 0 BRYAN MYERS TRUSTEE 1.00 X 0 0 0 STACY POLYDORAN TRUSTEE 1.00 X 0 0 0 DANIEL C ROYER TRUSTEE 1.00 X 0 0 0 KUUKU SAAH TRUSTEE 1.00 X 0 0 0 DAVID SAGULA TRUSTEE 1.00 X 0 0 0 EMILY STORK TRUSTEE 1.00 X 0 0 0 LAURIE WOLF PHD TRUSTEE 1.00 X 0 0 0 ROBERT H WOOTTEN TRUSTEE 1.00 X 0 0 0 RICHARD L EARLY EXECUTIVE DIRECTOR 40.00 1.00 X 143583 0 29020 JOEPSH GIUNTA MUSIC DIRECTOR 40.00 X 244504 0 30709 388087 0 59729 2 0 1 0 0 1058300 215600 708539 15000 1982439 TICKET SALES 711300 805735 805735 CLASSES AND LESSONS 711300 261149 261149 CONTRACT FEES 711300 85000 85000 ADVERTISING 711300 23290 23290 1175174 44209 48042 -3833 -3833 MISCELLANEOUS 711300 11378 11378 11378 3165158 1163262 23290 -3833 460587 359257 59877 41453 1567258 1226156 199688 141414 19613 7596 7045 4972 116174 51887 37706 26581 158212 125679 19102 13431 44660 44660 50542 15412 35130 119179 119179 12257 4926 7331 25444 1842 23602 93139 61471 15834 15834 184151 184151 2414 2414 21290 21290 35733 26800 8933 CONCERT PRODUCTION 825060 825060 MATERIALS AND SUPPLIES 114618 91744 5169 17705 MISCELLANEOUS 33271 3317 27161 2793 DUES AND SUBSCRIPTIONS 15684 15684 47778 10069 37709 3947064 3114546 568335 264183 1007706 348263 1000704 805533 18039 16851 116635 151771 786478 658421 136789 128057 16998614 18735736 19278487 20186211 144298 73670 243968 252059 0 732474 388266 1058203 X 2112916 1407011 16777305 17720997 18890221 19128008 19278487 20186211 X -781906 1019692 X 0 1 X 1 0 X 2132243 2000968 2044021 4222938 1982439 12382609 1512106 1159420 609411 1038100 1163262 5482299 28000 44209 72209 3644349 3160388 2653432 5289038 3189910 17937117 0 0 0 17937117 3644349 3160388 2653432 5289038 3189910 17937117 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12961706 3332017 1428948 1220931 46900 16454840 10871529 4591937 -1829364 624354 48042 12961706 8899590 692310 1894014 575437 38948 10871529 7462743 1996551 372319 872829 59194 8899590 6297183 1211904 506354 502101 50597 7462743 0.47020 0.47028 0.05952 1 0 198165 198165 0 588313 460256 128057 128057 BENEFICIAL INTEREST IN DM SYMPHONY FOUNDATION 17434197 EMPLOYEE RETENTION TAX CREDIT RECEIVABLE 584109 OPERATING RIGHT-OF-USE ASSETS 717430 18735736 OPERATING LEASE LIABILITY 732474 732474 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) FOR AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAX AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2019. OPENING GALA 44209 44209 48042 44209 44209 48042 48042 -3833 X 1 0 0 0 0 0 0 0 0 0 0 JOEPSH GIUNTA MUSIC DIRECTOR 220504 0 0 0 24000 0 7421 0 23288 0 275213 0 0 0 RICHARD L EARLY EXECUTIVE DIRECTOR 141899 0 1684 0 0 0 5676 0 23344 0 172603 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE DES MOINES SYMPHONY ASSOCIATION IS A MEMBERSHIP ORGANIZATION WHOSE MEMBERS INCLUDE CONCERT SEASON SUBSCRIBERS AND DONORS WHO CONTRIBUTE MORE THAN $50 TO THE ANNUAL FUND. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF TRUSTEES AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT/FINANCE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS THE FORM 990 AND THE FULL BOARD APPROVES IT FOR FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICTS OF INTEREST POLICY IS DISTRIBUTED TO EACH MEMBER OF THE BOARD OF TRUSTEES. THIS POLICY IS MONITORED BY THE EXECUTIVE DIRECTOR AND BOARD PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15 COMMITTEE MEMBERS AND OFFICERS OF THE BOARD OF TRUSTEES COMPLETE WRITTEN EVALUATIONS. BASED ON THESE EVALUATIONS AND PROGRESS TOWARDS GOALS PREVIOUSLY SET, AND IN CONSULTATION WITH THE AUDIT/FINANCE COMMITTEE, THE HR/COMPENSATION COMMITTEE DETERMINES COMPENSATION FOR THE NEXT YEAR FOR THE EXECUTIVE DIRECTOR AND MUSIC DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE DES MOINES SYMPHONY ASSOCIATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE KEPT ON FILE AT THEIR MAIN OFFICE. PHOTOCOPIES OF THE DOCUMENTS ARE PROVIDED WITHIN ONE WEEK OF ANY REQUEST. THESE DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF TIME AS DESCRIBED IN THE INTERNAL REVENUE CODE SECTION 6104(D) FOR OTHER PUBLIC DISCLOSURE DOCUMENTS. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST OF DSM SYMPHONY FOUNDATION 1,019,692. 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