2024-07-15T13:44:04-05:00 2023-08-31 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2022-09-01 570660848 SPOLETO FESTIVAL USA INC SPOL 8437222764 14 GEORGE STREET CHARLESTON SC 29401 BRENT DICKMAN CHIEF FINANCIAL OFFICER 8437222764 2024-07-15 1 BRENT DICKMAN 999009999 0 JANICE A RATICA P00358837 7043338881 2024-07-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRENT DICKMAN 14 GEORGE STREET CHARLESTON SC 29401 10167195 0 X WWW.SPOLETOUSA.ORG X 1977 SC SPOLETO RUNS A 17-DAY, INTERNATIONALLY ACCLAIMED, PERFORMING ARTS FESTIVAL EACH SPRING IN CHARLESTON, SC. ARTISTS FROM AROUND THE WORLD PRESENT A BROAD ARRAY OF DANCE, OPERA, MUSIC, AND THEATER IN MULTIPLE VENUES THROUGHOUT THE CITY. 38 38 336 0 -72700 0 6263276 4917632 2906204 3033540 472050 1078114 295586 532711 9937116 9561997 0 0 0 0 4022010 4007102 0 0 967315 7140264 6496665 11162274 10503767 -1225158 -941770 18626887 19173036 2054870 3208341 16572017 15964695 X AS THE NATION'S PREEMINENT PERFORMING ARTS FESTIVAL, SPOLETO PRODUCES AND PRESENTS WORK OF THE HIGHEST ARTISTIC CALIBER TO DIVERSE AND ADVENTUROUS AUDIENCES. THROUGH INNOVATION, EDUCATION, AND A COMMITMENT TO OUR COMMUNITY, WE HARNESS THE POWER OF THE ARTS TO FOSTER A CULTURE OF BELONGING AND DEEPEN AND ENGAGE THE PUBLIC APPRECIATION FOR THE ARTS IN BUILDING A BETTER WORLD. 0 0 6325178 2742221 FOR 17 DAYS AND NIGHTS EACH SPRING, SPOLETO FESTIVAL USA FILLS CHARLESTON, SOUTH CAROLINA'S HISTORIC THEATERS, CHURCHES, AND OUTDOOR SPACES WITH PERFORMANCES BY RENOWNED ARTISTS, AS WELL AS EMERGING PERFORMERS IN DANCE, MUSIC, OPERA, AND THEATER. SPOLETO FESTIVAL IS INTERNATIONALLY RECOGNIZED AS AMERICA'S PREMIER PERFORMING ARTS FESTIVAL. THE 2023 FESTIVAL INCLUDED OVER 100 PERFORMANCES ENJOYED BY OVER 43,000 ATTENDEES. 685149 299961 EACH YEAR THE FESTIVAL DEVELOPS A FESTIVAL CHORUS AND ORCHESTRA WITH MORE THAN 100 MUSICIANS. THROUGH NATIONWIDE AUDITIONS, A TALENTED GROUP OF YOUNG PROFESSIONALS AND STUDENTS ARE SELECTED FOR A RESIDENT ENSEMBLE. THE FESTIVAL ORCHESTRA HAS PROVEN TO BE ONE OF THE FINEST OPPORTUNITIES FOR YOUNG MUSICIANS TO GAIN EXTENSIVE PERFORMANCE EXPERIENCE. ALUMNI OF THE SPOLETO FESTIVAL ORCHESTRA CAN BE FOUND IN ALMOST EVERY PROFESSIONAL ORCHESTRA IN THE UNITED STATES AND MANY ABROAD. 177375 ANNUALLY THE FESTIVAL PROVIDES AN APPRENTICESHIP PROGRAM FOR SHORT-TERM INTENSIVE AND EXCITING LEARNING OPPORTUNITIES ABOUT THE WORLD OF PERFORMING ARTS. FIFTY COLLEGE STUDENTS ACQUIRED HANDS-ON EXPERIENCE UNDER THE GUIDANCE OF PROFESSIONAL ARTS ADMINISTRATORS AND TECHNICIANS. SPOLETO IS HEAVILY INVOLVED IN COMMUNITY ENGAGEMENT AND ARTS EDUCATION, PARTNERING WITH LOCAL ELEMENTARY SCHOOLS AND A LOCAL YOUTH JAZZ ACADEMY TO PROVIDE ARTIST LED WORKSHOPS AND OPPORTUNITIES TO ATTEND PERFORMANCES. A PROGRAM CALLED "TELL YOUR STORY" ALLOWS CHARLESTONIANS TO PARTNER WITH ORCHESTRA FELLOWS TO CREATE ORAL HISTORIES ACCOMPANIED BY COMPOSITION. A "PAY WHAT YOU WILL" PROGRAM AND "OPEN STAGE DOOR" PROGRAM PROVIDE LOW PRICED AND COMPLIMENTARY TICKETS TO COMMUNITY BASED NON-PROFIT ORGANIZATIONS AND THOSE WITHOUT MEANS TO EXPERIENCE WORLD-CLASS PERFORMANCES. 7187702 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 206 0 1 336 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 38 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X X BRENT DICKMAN 8437222764 14 GEORGE STREET CHARLESTON SC 29401 MR RICHARD J ALMEIDA DIRECTOR 0.30 X 0 0 0 MR DEAN PORTER ANDREWS DIRECTOR 0.30 X 0 0 0 MR LARRY ANTONATOS DIRECTOR 0.30 X 0 0 0 MRS KATHARINE I BACHMANN DIRECTOR 0.30 X 0 0 0 MR STEVEN D BALZER DIRECTOR 0.30 X 0 0 0 MS JUDITH N BATTY DIRECTOR 0.30 X 0 0 0 MR DERICK S CLOSE DIRECTOR 0.30 X 0 0 0 MR GARY T DICAMILLO DIRECTOR 0.30 X 0 0 0 MR HARRY H FRAMPTON III DIRECTOR 0.30 X 0 0 0 MRS BARBARA GS HAGERTY DIRECTOR 0.30 X 0 0 0 DR COURTNEY L TOLLISON HARTNESS DIRECTOR 0.30 X 0 0 0 MS M RUSSELL HOLLIDAY JR DIRECTOR 0.30 X 0 0 0 DR ANDREW HSU DIRECTOR 0.30 X 0 0 0 DR EDDIE L IRIONS JR DIRECTOR 0.30 X 0 0 0 MRS DEBORAH KENNEDY KENNARD DIRECTOR 0.30 X 0 0 0 MRS ELIZABETH P MACLEOD DIRECTOR 0.30 X 0 0 0 MRS SUSANNE H MCGUIRE DIRECTOR 0.30 X 0 0 0 MR MARK MUNN DIRECTOR 0.30 X 0 0 0 MS RHONDA MUIR DIRECTOR 0.30 X 0 0 0 MRS ANNE BULLOCK PERPER DIRECTOR 0.30 X 0 0 0 MRS NICOLE RUBIN DIRECTOR 0.30 X 0 0 0 MRS CYNTHIA ANNE SOLOMON DIRECTOR 0.30 X 0 0 0 MRS ELIZABETH H SULLIVAN DIRECTOR 0.30 X 0 0 0 MR C DOUGLAS WARNER DIRECTOR 0.30 X 0 0 0 MS PALMER WEISS DIRECTOR 0.30 X 0 0 0 MRS ALICIA MULLEN GREGORY CHAIR 1.00 X X 0 0 0 MR JOHN B HAGERTY GENERAL COUNSEL & SECRETARY 2.00 X X 0 0 0 MR PHILLIP D SMITH PRESIDENT 1.00 X X 0 0 0 MR ANDREW T BARRETT TREASURER 1.00 X X 0 0 0 MR RICHARD W CHISHOLM VICE PRESIDENT 1.00 X X 0 0 0 MS REBECCA W DARWIN VICE PRESIDENT 1.00 X X 0 0 0 DR ELIZABETH A FLEMING VICE PRESIDENT 1.00 X X 0 0 0 MS MARTHA RHODES MCLENDON VICE PRESIDENT 1.00 X X 0 0 0 MS MARGIE ANN MORSE VICE PRESIDENT 1.00 X X 0 0 0 MR MICHAEL C TARWATER VICE PRESIDENT 0.30 X X 0 0 0 MRS CYNTHIA B THOMPSON VICE PRESIDENT 1.00 X X 0 0 0 MRS HELLENA HUNTLEY TIDWELL VICE PRESIDENT 0.30 X X 0 0 0 MR LOREN R ZIFF VICE PRESIDENT 1.00 X X 0 0 0 DR MENA HANNA GENERAL DIRECTOR 40.00 X 257101 0 16543 MS TASHA GANDY CHIEF FINANCIAL OFFICER THRU AUG 2022 40.00 X 97759 0 30177 MR DEXTER FOXWORTH CHIEF OPERATING OFFICER 40.00 X 121648 0 15421 MR BRENT DICKMAN CHIEF FINANCIAL OFFICER START SEPT 2022 40.00 X 0 0 0 MS JULIA FORSTER DIRECTOR OF DEVELOPMENT 40.00 X 140266 0 25697 616774 0 87838 3 0 1 0 COLLEGE OF CHARLESTON 66 GEORGE STREET CHARLESTON SC 29424 FACILITY RENTALS 409170 THE GAILLARD MANAGEMENT CORPORATION 95 CALHOUN ST CHARLESTON SC 29401 FACILITY RENTALS 239760 HAMILTON SCENIC 1 HEAD STREET UNIT 1B DUNDAS ONTARIO CA SCENERY PRODUCTION AND SET UP 173240 4WALL ENTERTAINMENT INC 1 CAROL PLACE MOONACHIE NJ 07074 SOUND AND LIGHTING 169050 TTS STUDIOS LLC PO BOX 20066 CHARLESTON SC 29413 SCENERY PRODUCTION AND SET UP 151311 13 143782 900493 3873357 4917632 ADMISSION SALES 711190 2742221 2742221 BOX OFFICE HANDLING FEES 711190 291319 291319 3033540 97955 97955 557378 199787 357591 357591 16181 341410 980159 0 980159 980159 980159 652992 143782 397633 255359 255359 16420 7778 8642 8642 ADVERTISING 541800 -88881 -88881 -88881 9561997 3042182 -72700 1674883 468848 278476 99863 90509 2916555 1732314 621214 563027 107927 64104 22988 20835 266413 158238 56745 51430 247359 146921 52687 47751 7930 7930 151471 3379 148092 317489 259753 50159 7577 812496 222443 572476 17577 282351 82745 154584 45022 1280340 1141684 115814 22842 552917 162036 302715 88166 214896 58834 151413 4649 PERFORMANCE FEES 1495557 1495557 GENERAL PRODUCTION 1333576 1333576 AUDITIONS AND WORKSHOPS 47642 47642 10503767 7187702 2348750 967315 716129 182344 663098 995758 155318 255966 4000 4898 132667 188901 12985886 8411081 5064832 4574805 11541519 12609209 349324 361155 18626887 19173036 265225 191510 277706 266364 1504322 2748950 7617 1517 2054870 3208341 X 3451659 2211907 13120358 13752788 16572017 15964695 18626887 19173036 X -941770 247801 74816 11831 X 0 1 X 1 0 X 3817232 4698556 5616901 6263276 4917632 25313597 7650 7650 3824882 4698556 5616901 6263276 4917632 25321247 581119 24740128 499641 499446 491276 784918 655333 2930614 16620 16620 28268481 10166605 0.87520 0.88600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12020567 29601 1317171 489980 12877359 14520166 78000 -2126921 450678 12020567 11710633 691364 2563553 445384 14520166 10371636 338940 1330057 330000 11710633 10423264 8616 239756 300000 10371636 0 0 4596721 3024372 1572349 7061457 4347405 2714052 624100 825835 -201735 703608 213469 490139 4574805 CAPITAL LEASE PAYABLE 1517 1517 X 10205583 247801 74816 328899 651516 9554067 7930 7930 9561997 10812905 317068 317068 10495837 7930 7930 10503767 PART V, LINE 4: THE FESTIVAL'S ENDOWMENTS CONSIST OF SEVERAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, THE NET ASSETS ASSOCIATED WITH THE ENDOWMENTS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR IMPOSED RESTRICTIONS. PART X, LINE 2: GAAP PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. GAAP ALSO PROVIDES GUIDANCE ON DERECOGNITION OF TAX BENEFITS, CLASSIFICATION ON THE STATEMENTS OF FINANCIAL POSITION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, AND DISCLOSURE. MANAGEMENT HAS EVALUATED THE FESTIVAL'S TAX POSITIONS AND CONCLUDED THAT THE FESTIVAL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE FOR THE YEARS ENDED AUGUST 31, 2023 OR 2022. WITH FEW EXCEPTIONS, THE FESTIVAL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 199,787. ADVERTISING EXPENSE 117,281. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 11,831. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 199,787. ADVERTISING EXPENSE 117,281. GEOFF NUTTALL LEGACY FUND 286500 66200 220300 2709 41024 36778 ORCHESTRA BENEFIT 303100 0 303100 35000 37613 10391 53836 15 207174 77582 129592 31277 65225 8619 75161 796774 143782 652992 68986 143862 19010 165775 397633 255359 X X X X 0 0 0 0 0 0 0 0 0 DR MENA HANNA GENERAL DIRECTOR 257101 0 0 0 0 0 1154 0 15389 0 273644 0 0 0 MS JULIA FORSTER DIRECTOR OF DEVELOPMENT 140266 0 0 0 0 0 8600 0 17097 0 165963 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SENT TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE IS MONITORED WITH AN ANNUAL QUESTIONNAIRE. BOARD MEMBERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS. ANY MEMBER OF THE BOARD OF DIRECTORS WHO KNOWINGLY HAS A CONFLICT OF INTEREST WITH RESPECT TO ANY MATTER COMING BEFORE THE BOARD OF DIRECTORS SHALL NOT VOTE IN CONNECTION WITH THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS UTILIZES VARIOUS FORMS OF CURRENT SALARY INFORMATION TO DETERMINE THE ANNUAL COMPENSATION FOR THE FESTIVAL'S DIRECTOR, CHIEF FINANCIAL OFFICER, AND ALL KEY EMPLOYEES. ONCE THE DATA IS SUMMARIZED AND ANALYZED, THE FESTIVAL'S BOARD OF DIRECTORS APPROVES THE ANNUAL COMPENSATION OF THE DIRECTOR AND DOCUMENTS THE DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE FESTIVAL'S PUBLIC DISCLOSURE COPY OF FORM 990 IS AVAILABLE FOR INSPECTION AT THE FESTIVAL'S MAIN OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 11,831.