2024-05-15T15:31:09-05:00 2023-06-30 910189318 MOSS ADAMS LLP 4747 EXECUTIVE DR SUITE 1300 SAN DIEGO CA 92121 990 2022-07-01 141858753 SAN DIEGO SYMPHONY FOUNDATION SAND 6192350800 1245 SEVENTH AVENUE SAN DIEGO CA 92101 WARREN KESSLER CHAIRMAN 6192350800 2024-05-14 1 WARREN KESSLER 999009999 1 JANE COLEMAN P01391236 8586271400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WARREN KESSLER 1245 SEVENTH AVENUE SAN DIEGO CA 92101 4420918 0 X N/A X 2002 CA SUPPORTING ORGANIZATION THAT SUPPORTS THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION. 12 11 0 11 0 0 306050 980000 0 0 1635401 3357118 0 0 1941451 4337118 5535500 5803400 0 0 0 0 0 0 0 408983 745528 5944483 6548928 -4003032 -2211810 107205275 110066866 0 0 107205275 110066866 X TO HOLD, ADMINISTER, INVEST AND DISTRIBUTE ENDOWMENT FUNDS OR THE EARNINGS THEREFROM TO THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION ON A REGULAR AND TIMELY BASIS. TO SOLICIT ENDOWMENT FUNDS IN ORDER TO PROVIDE FINANCIAL SUPPORT TO THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION. TO ENCOURAGE ENDOWMENT GIFTS AND GRANTS IN ANY FORM FROM ANY PERSON OR PERSONS, THE DISTRIBUTIONS FROM WHICH SHALL SUPPORT THE PROGRAMS AND ACTIVITIES OF THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION. TO HOLD ALL THE POWERS GRANTED TO A NONPROFIT PUBLIC BENEFIT CORPORATION BY THE LAWS OF THE STATE OF CALIFORNIA, INCLUDING THOSE POWERS IN NONPROFIT CORPORATIONS CODE SECTION 5140. 0 0 5803400 5803400 0 SUPPORT FOR OPERATING EXPENSES OF THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION. 5803400 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 CA X THE ORGANIZATION 6192350800 1245 SEVENTH AVENUE SAN DIEGO CA 92101 BETH SIRULL DIRECTOR 0.20 0.00 X 0 0 0 DAVID SNYDER VICE CHAIR 0.20 4.00 X X 0 0 0 HAL FUSON DIRECTOR 0.20 4.00 X 0 0 0 JOAN K JACOBS DIRECTOR 0.20 0.00 X 0 0 0 MARK STUART DIRECTOR 0.20 0.00 X 0 0 0 MARTHA A GILMER DIRECTOR 0.20 40.00 X 0 454686 29354 MITCHELL R WOODBURY TREASURER 0.20 4.00 X X 0 0 0 ROBERT CAPLAN ESQ DIRECTOR 0.20 0.00 X 0 0 0 SANDRA LEVINSON SECRETARY 0.20 0.00 X X 0 0 0 SUSAN MALLORY DIRECTOR 0.20 0.00 X 0 0 0 WARREN O KESSLER MD CHAIRMAN 0.20 4.00 X X 0 0 0 ELLEN WHELAN DIRECTOR 0.20 X 0 0 0 0 454686 29354 0 0 1 0 SAN DIEGO FOUNDATION 2508 HISTORIC DECATUR ROAD 200 SAN DIEGO CA 92106 INVESTMENT MGMT FEES 162272 JEWISH COMMUNITY FOUNDATION 4950 MURPHY CANYON ROAD SAN DIEGO CA 92123 INVESTMENT MGMT FEES 155682 2 980000 980000 3357118 3357118 83800 83800 0 4337118 0 0 3357118 5803400 5803400 9617 9617 735911 735911 6548928 5803400 745528 0 3894 163 2505191 2596901 104696190 107469802 107205275 110066866 0 0 X 107205275 110066866 107205275 110066866 107205275 110066866 X -2211810 4981692 91709 X 0 1 X 1 0 X X 1 THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION 952040874 10 1 5803400 0 1 5803400 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1635401 3357118 1635401 3357118 0 0 406102 735911 2881 9617 1226418 2611590 115612587 103562228 24835 2029 2505191 2596901 118142613 106161158 0 0 0 118142613 106161158 1772139 1592417 116370474 104568741 4072967 3659906 0 0 4072967 3659906 1226418 1042455 4072967 4072967 0 4072967 5803400 0 0 0 0 0 5803400 0 4072967 0.000000000000 4072967 0 0 0 2079740 5430000 5535500 13045240 0 4072967 0 8972273 5803400 0 5803400 0 0 14775673 0 0 3436773 5535500 5803400 SECTION D. TYPE III SUPPORTING ORGANIZATIONS THE SAN DIEGO SYMPHONY FOUNDATION (SDSF) IS A 501(C)(3) ORGANIZATION WHICH IS CLASSIFIED AS A SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3). FURTHER, UNDER SDSF'S ARTICLES AND BYLAWS IT SUPPORTS THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION (SDSO) AND SPECIFICALLY HOLDS, ADMINISTERS, INVESTS AND DISTRIBUTES ENDOWMENT FUNDS OR THE EARNINGS THEREFROM TO SDSO ON A REGULAR AND TIMELY BASIS. SDSO SOLICITS ENDOWMENT GIFTS AND GRANTS TO PROVIDE FINANCIAL SUPPORT TO SDSO FOR THE ASSOCIATION'S PROGRAMS AND ACTIVITIES. SDSO IS A PUBLIC CHARITY UNDER SECTION 509(A)(2). SDSF HAS AN INDEPENDENT BOARD OF DIRECTORS WHICH DOES INCLUDE THE CEO OF SDSO AND ONE OTHER DIRECTOR SELECTED BY THE SDSO'S BOARD OF DIRECTORS. THE GOVERNING DOCUMENTS PROVIDE THE BOARD HAS DISCRETION REGARDING THE TIMING AND AMOUNT OF DISTRIBUTIONS CONSISTENT WITH THE BOARD'S FIDUCIARY DUTIES. REPRESENTATIVES OF THE BOARD HAVE QUARTERLY MEETINGS DURING WHICH THEY DISCUSS THE PERFORMANCE OF THE ENDOWMENT'S INVESTMENTS. ALSO DURING THE QUARTERLY MEETINGS THE CEO PROVIDES AN UPDATE ON PROJECTS AND ACTIVITIES OF SDSO. SDSO'S CONTROLLER PROVIDES REPORTS ON THE PREVIOUS 12 ROLLING-QUARTERS AVERAGE VALUE OF ASSETS TO HELP DETERMINE THE DISTRIBUTION FROM SDSF TO SDSO FOR THE FOLLOWING FISCAL YEAR. THE PAYOUT HAS GENERALLY BEEN BETWEEN 5% AND 6%. SDSF'S BOARD COMMUNICATES REGULARLY WITH THE CFO OF SDSO REGARDING SDSF'S INVESTMENTS AND PLANS FOR DISTRIBUTIONS. SDSF'S QUARTERLY INVESTMENT STATEMENTS ARE PREPARED FOR, AND REVIEWED BY THE FOUNDATION'S BOARD. PART V, SECTION D, LINE 10- RESPONSIVE & ATTENTIVE TEST SUPPORTED ORGANIZATION: THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 104696190 980000 10939604 5803400 745528 110066866 118027350 306050 -7692726 5535500 408984 104696190 95650978 28177294 5430000 370922 118027350 100646093 50370 658866 5386400 317951 95650978 51122320 50010075 3666503 3852410 300395 100646093 0.00000 1.00000 0.00000 1 0 0 ENDOWMENT/BENEFICIAL INTEREST 107469802 F 107469802 X PART V, LINE 4: TO SUPPORT THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION. PART X, LINE 2: SDSO AND SDSF ARE BOTH EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. SDSO AND SDSF FOLLOW THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10, INCOME TAXES, RELATED TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. SDSO AND SDSF HAVE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF JUNE 30, 2023 AND 2022. 1 THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION 1245 SEVENTH AVENUE SAN DIEGO CA 92101 952040874 501(C)(3) 5803400 0 CASH TO SUPPORT THE OPERATIONS AND ACTIVITIES OF A SYMPHONY ORCHESTRA. 1 0 PART I, LINE 2: SAN DIEGO SYMPHONY FOUNDATION IS FORMED TO SUPPORT THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION. ALL GRANTS ARE APPROVED BY THE BOARD OF DIRECTORS. 0 1 0 0 0 0 0 0 0 MARTHA A GILMER DIRECTOR 0 454686 0 0 0 0 0 15250 0 14104 0 484040 0 0 PART I, LINE 4B MARTHA GILMER, DIRECTOR, PARTICIPATES IN A 457(F) PLAN WITH RESPECT TO THE ORGANIZATION'S RELATED PARTY, SDSO. THERE WERE NO CONTRIBUTIONS OR DISTRIBUTIONS MADE FOR TAX YEAR 2022. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS THE FORM 990, THEN THE AUDIT COMMITTEE REVIEWS AND APPROVES. THE ORGANIZATION MAKES THE FINAL VERSION OF THE FORM 990 AVAILABLE TO ALL BOARD MEMBERS THROUGH ITS PORTAL PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE COMBINED FINANCIAL STATEMENTS OF THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION AND THE SAN DIEGO SYMPHONY FOUNDATION ARE SUBJECT TO AN ANNUAL INDEPENDENT AUDIT. THE AUDIT REPORT IS AVAILABLE ON THE SAN DIEGO SYMPHONY'S WEBSITE, AND IS ALSO AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 91,709. FORM 990, PART XII, LINE 2B: AUDIT FINANCIAL STATEMENTS ARE PREPARED ON A COMBINED BASIS BECAUSE AUDITING STANDARDS SO REQUIRE. HOWEVER A SEPARATE BALANCE SHEET AND STATEMENT OF ACTIVITY FOR EACH MEMBER OF THE COMBINED GROUP IS PRESENTED IN THE AUDITED FINANCIAL STATEMENT REPORT. FORM 990, PART VI, SECTION B, LINE 15: THE ORGANIZATION HAS NO PAID EMPLOYEES OR OFFICERS. FORM 990, PART VI, SECTION B, LINE 12: ALL BOARD MEMBERS, OFFICERS AND DIRECTORS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY OF ITS RELATED PARTY THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION. LEVELS ARE DETERMINED ON A CASE TO CASE BASIS. ANY POSSIBLE CONFLICTS ARE REVIEWED. PERSONS WITH A CONFLICT WOULD NOT BE PERMITTED TO VOTE OR ACT ON A RELATED TOPIC THAT WOULD GIVE RISE TO A CONFLICT. FORM 990, PART VI, SECTION B, LINE 13: THE ORGANIZATION FOLLOWS THE WRITTEN WHISTLEBLOWER POLICY OF ITS RELATED PARTY THE SAN DIEGO ORCHESTRA ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 14: THE ORGANIZATION FOLLOWS THE WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY OF ITS RELATED PARTY THE SAN DIEGO ORCHESTRA ASSOCIATION. THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION 1245 7TH AVENUE SAN DIEGO CA 92101 952040874 SYMPHONY ORCHESTRA CA 501(C)(3) 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1 THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION B 5803400 CASH THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION M 980000 CASH