2024-04-08T18:59:07-05:00 2023-06-30 450250958 EIDE BAILLY LLP 345 N REID PL STE 400 SIOUX FALLS SD 571037034 990 2022-07-01 466017026 SOUTH DAKOTA SYMPHONY ORCHESTRA SOUT 6053357933 301 S MAIN AVE 4TH FL SIOUX FALLS SD 57104 JENNIFER TEISINGER EXECUTIVE DIRECTOR 6053357933 2024-04-05 1 JENNIFER TEISINGER XXX-XX-XXXX 1 LAURIE HANSON CPA P00851848 6053391999 2024-04-05 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JENNIFER TEISINGER 301 S MAIN AVE 4TH FL SIOUX FALLS SD 57104 4387513 0 X WWW.SDSYMPHONY.ORG X 1965 SD TO PROMOTE AN UNDERSTANDING & APPRECIATION OF THE ART OF MUSIC THROUGH EDUCATION AND CONCERTS. 24 24 185 110 0 0 2499647 3355459 572770 602777 65752 36188 67715 40016 3205884 4034440 0 0 0 0 1250042 1211980 4167 1000 204129 1105364 1313597 2359573 2526577 846311 1507863 3760740 5371881 319706 348423 3441034 5023458 TO INSPIRE THE BEST IN ALL OF US THROUGH MUSIC. 0 0 2012542 602777 THE SOUTH DAKOTA SYMPHONY ORCHESTRA FULFILLED ITS MISSION OF ENRICHING LIVES THROUGH LIVE MUSIC PERFORMANCE WITH 11 ORCHESTRA CONCERTS, 3 CHAMBER MUSIC CONCERTS, AND EDUCATION AND ENGAGEMENT PROGRAMS THROUGHOUT THE COMMUNITY AND THE STATE. TO MAKE THE MUSIC ACCESSIBLE TO AS MANY PEOPLE AS POSSIBLE, THE SOUTH DAKOTA SYMPHONY MAINTAINS A DIGITAL MUSIC LIBRARY, AND CLASSICAL ORCHESTRA CONCERTS ARE LIVESTREAMED FREE OF CHARGE. 2012542 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 48 0 1 185 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 MN X X JENNIFER TEISINGER 6053357933 301 S MAIN AVENUE SIOUX FALLS SD 57104 X DAVE FLICEK PRESIDENT 10.00 X X 0 0 0 SCOTT LAWRENCE PAST PRESIDENT 4.00 X X 0 0 0 LISA GERNER TREASURER 4.00 X X 0 0 0 JAMES MOORE SECRETARY 2.00 X X 0 0 0 ANGELA BEILKE DIRECTOR 2.00 X 0 0 0 MARTY DESLAURIERS DIRECTOR 6.00 X 0 0 0 PAUL GILLASPEY DIRECTOR 6.00 X 0 0 0 MARY KAY FAUSCH DIRECTOR 2.00 X 0 0 0 DARIN HAGE DIRECTOR 2.00 X 0 0 0 STEVE KIRBY DIRECTOR 2.00 X 0 0 0 DR LOREN TSCHETTER DIRECTOR 2.00 X 0 0 0 MATTHEW PARKER DIRECTOR 1.00 X 0 0 0 MIKE JERSTAD DIRECTOR 2.00 X 0 0 0 SANDRA PAY DIRECTOR 2.00 X 0 0 0 JR LAPLANTE DIRECTOR 2.00 X 0 0 0 JANE STAVEM DIRECTOR 2.00 X 0 0 0 ROBERT ERHARD DIRECTOR 2.00 X 0 0 0 JOSE-MARIE GRIFFITHS DIRECTOR 2.00 X 0 0 0 VALERIE LOUDENBACK DIRECTOR 4.00 X 0 0 0 DAVE ROZENBOOM DIRECTOR 2.00 X 0 0 0 DAVID ARONSON DIRECTOR 2.00 X 0 0 0 JULIE IVERSON DIRECTOR 2.00 X 0 0 0 LYNN SARGEANT DIRECTOR 2.00 X 0 0 0 JOHN SNYDER DIRECTOR 1.00 X 0 0 0 JENNIFER TEISINGER EXECUTIVE DIRECTOR 50.00 X 123010 0 16471 123010 0 16471 1 0 0 0 DELTA DAVID GIER 2107 S PHILLIPS AVE SIOUX FALLS SD 57105 SDSO MUSIC DIRECTOR 125851 1 112210 79000 3164249 3355459 PERFORMANCE REVENUE 711130 526013 526013 76764 76764 602777 25659 25659 323251 312722 10529 10529 10529 80367 112210 40351 40016 40016 4034440 602777 0 76204 X 144757 43427 43427 57903 905997 805214 17725 83058 13126 11672 1454 71200 57802 2037 11361 76900 58949 4178 13773 71060 71060 1000 1000 674150 623080 22926 28144 129286 110072 19214 34039 15768 17767 504 39641 12400 27241 20770 20770 236809 232307 4502 603 603 2338 2338 18400 17408 992 20388 262 20126 DUES & SUBSCRIPTIONS 18509 10867 7642 BAD DEBT EXPENSE 11431 11431 BANK FEES 9623 9623 26550 13314 6304 6932 2526577 2012542 309906 204129 1832736 1065385 898212 2444830 6500 31696 64059 70480 337594 245436 110557 92158 374885 1159711 473791 490318 0 17303 3760740 5371881 94738 80630 224968 250490 0 17303 319706 348423 X 1825924 1575592 1615110 3447866 3441034 5023458 3760740 5371881 1507863 74561 0 X 0 1 X 1 0 X 1360496 1577161 2030722 2499647 3355459 10823485 1360496 1577161 2030722 2499647 3355459 10823485 2153655 8669830 25219 19161 11255 17811 25659 99105 4312 35119 61215 40016 140662 11063252 3015584 0.78370 0.91040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 855962 164041 130244 889759 984263 20594 -26148 122747 855962 785650 25000 294253 120640 984263 787464 113443 115257 785650 786991 50 115134 114711 787464 0.00000 0.71740 0.28260 1 0 337594 245436 92158 92158 BENEFICIAL INTERST IN ASSETS HELD BY COMMUNITY FOUNDATIONS 490318 F 490318 OPERATING LEASE LIABILITY 17303 17303 X 4122857 74561 13856 88417 4034440 0 4034440 2540433 13856 13856 2526577 0 2526577 PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO PROVIDE LONG-TERM SUSTAINABILITY TO THE SOUTH DAKOTA SYMPHONY ORCHESTRA. THE ORGANIZATION CURRENTLY DRAWS 5% PER YEAR TO FUND A PORTION OF ITS ANNUAL OPERATING BUDGET. PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUCTIONAL EXPENSES NETTED WITH REVENUES SD SYMPHONY GALA 192577 112210 80367 11050 19504 700 9097 192577 112210 80367 11050 19504 700 9097 40351 40016 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER, AND PAST PRESIDENT. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE, IN THE INTERVALS BETWEEN THE MEETINGS OF THE BOARD, ALL OF THE POWERS OF THE BOARD WHICH MAY BE LAWFULLY DELEGATED IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION. THE ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE COMMUNICATED TO THE BOARD AT ITS NEXT MEETING. THE EXECUTIVE COMMITTEE MAY NOT AMEND THE BYLAWS, DETERMINE ITS ROLE IN THE ORGANIZATION, ELECT OR REMOVE BOARD MEMBERS, HIRE OR FIRE THE EXECUTIVE DIRECTOR, APPROVE OR CHANGE THE BUDGET, OR MAKE MAJOR STRUCTURAL DECISIONS. FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONLY ONE CLASS OF MEMBER. THE MEMBERS IN GOOD STANDING OF THE CORPORATION SHALL CONSIST OF THE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR, THE TREASURER AND SECRETARY, ACTING AT DIRECTION OF THE EXECUTIVE COMMITTEE, REVIEW THE FORM 990 BEFORE IT IS FILED WITH THE IRS. A COPY OF THE 990 WILL BE PROVIDED TO BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SOUTH DAKOTA SYMPHONY ORCHESTRA GOVERNANCE COMMITTEE REVIEWS POTENTIAL CONFLICTS OF INTEREST AND REFERS ANY CONFLICTS TO THE EXECUTIVE COMMITTEE WHO HAS FINAL AUTHORITY ON CONFLICT RESOLUTION. CONFLICT CONCERNS ARE BROUGHT TO THE BOARD PRESIDENT AND EXECUTIVE DIRECTOR. CONFLICT RESOLUTION PROCESS IS DETERMINED ON A CASE BY CASE BASIS WHICH CAN VARY FROM RECUSAL FROM DECISIONS INVOLVING THE BOARD MEMBER WITH THE CONFLICT TO BOARD MEMBERSHIP TERMINATION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD PRESIDENT IS RESPONSIBLE FOR THE EXECUTIVE DIRECTOR REVIEW PROCESS AND RECOMMENDATIONS OF SALARY ADJUSTMENTS BASED ON COMPARATIVE DATA FROM THE LEAGUE OF AMERICAN ORCHESTRAS. THE FULL BOARD VOTES ON IMPLEMENTING SALARY ADJUSTMENTS. THIS PROCESS IS UNDERTAKEN ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART VII IN ADDITION TO HER ROLE AS CEO/EXECUTIVE DIRECTOR, JENNIFER TEISINGER HAS OVERSIGHT OF FINANCIAL OPERATIONS OF THE ENTITY. FORM 990, PART IX, LINE 11G GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 9,184. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,184. CHORUS MASTER: PROGRAM SERVICE EXPENSES 24,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,500. CONDUCTORS: PROGRAM SERVICE EXPENSES 174,837. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 174,837. FEES - TUNING: PROGRAM SERVICE EXPENSES 1,165. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,165. PERFORMANCE FEES: PROGRAM SERVICE EXPENSES 294,200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 294,200. PROFESSIONAL FEES - INFORMATION TEC: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 13,198. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,198. PROFESSIONAL FEES- PAYROLL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,728. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,728. PROFESSIONAL FEES - MISCELLANEOUS: PROGRAM SERVICE EXPENSES 119,194. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 119,194. OTHER FUNDRAISING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 28,144. TOTAL EXPENSES 28,144.