2025-03-31T18:44:58-05:00 2024-06-30 450250958 EIDE BAILLY LLP 345 N REID PL STE 400 SIOUX FALLS SD 571037034 990 2023-07-01 466017026 SOUTH DAKOTA SYMPHONY ORCHESTRA SOUT 6053357933 301 S MAIN AVE 4TH FL SIOUX FALLS SD 57104 JENNIFER TEISINGER EXECUTIVE DIRECTOR 6053357933 2025-03-26 1 1 LAURIE HANSON CPA P00851848 6053391999 2025-03-26 2023 2025-03-06 01:10:19Z JENNIFER TEISINGER 301 S MAIN AVE 4TH FL SIOUX FALLS SD 57104 6133770 0 X WWW.SDSYMPHONY.ORG X 1965 SD TO PROMOTE AN UNDERSTANDING & APPRECIATION OF THE ART OF MUSIC THROUGH EDUCATION AND CONCERTS. 28 28 171 112 0 0 3355459 3174551 602777 665559 36188 180625 40016 34841 4034440 4055576 0 0 0 0 1211980 1328603 1000 78100 361382 1313597 1463890 2526577 2870593 1507863 1184983 5371881 6681942 348423 444774 5023458 6237168 TO INSPIRE THE BEST IN ALL OF US THROUGH MUSIC. 0 0 2137914 665559 THE SOUTH DAKOTA SYMPHONY ORCHESTRA FULFILLED ITS MISSION OF ENRICHING LIVES THROUGH LIVE MUSIC PERFORMANCE WITH 11 ORCHESTRA CONCERTS, 3 CHAMBER MUSIC CONCERTS, 3 YOUNG PEOPLE'S CONCERTS, 5 SOUTH DAKOTA SYMPHONY YOUTH ORCHESTRA 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. 2137914 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 53 0 1 171 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 X 28 28 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 6.00 X X 0 0 0 JOSE-MARIE GRIFFITHS VICE PRESIDENT 4.00 X X 0 0 0 LISA GERNER TREASURER 4.00 X X 0 0 0 JAMES MOORE SECRETARY 4.00 X 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 1.00 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 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 NICK RATZLOFF DIRECTOR 2.00 X 0 0 0 SCOTT LYKINS DIRECTOR 2.00 X 0 0 0 LINDSAY LUNDEBY DIRECTOR 2.00 X 0 0 0 PETER FOLLIARD DIRECTOR 2.00 X 0 0 0 LISA MARSO DIRECTOR 2.00 X 0 0 0 JENNIFER TEISINGER EXECUTIVE DIRECTOR 50.00 X 127313 0 17024 127313 0 17024 1 0 0 0 DELTA DAVID GIER 2107 S PHILLIPS AVE SIOUX FALLS SD 57105 SDSO MUSIC DIRECTOR 127480 1 134384 82250 2957917 3174551 PERFORMANCE REVENUE 711130 576420 576420 89139 89139 665559 81154 81154 2140073 2040602 99471 99471 99471 72433 134384 37592 34841 34841 4055576 665559 0 215466 X 147697 44309 44309 59079 1011308 819029 24189 168090 15118 12581 2537 67987 51831 2478 13678 86493 62386 5224 18883 637 637 70076 70076 78100 78100 764057 697473 66584 150235 143891 6344 47854 26377 20778 699 44999 12523 32476 22650 22650 221125 220422 703 1680 1680 3139 3139 15127 12746 2381 34407 210 34197 DUES & SUBSCRIPTIONS 15183 7552 7631 BAD DEBT EXPENSE 13465 13465 BANK FEES 8530 8530 50726 26584 3826 20316 2870593 2137914 371297 361382 1065385 742297 2444830 1913702 31696 17794 70480 72511 350624 260564 92158 90060 1159711 3247415 490318 516920 17303 81243 5371881 6681942 80630 103696 250490 259835 17303 81243 348423 444774 X 1575592 1623964 3447866 4613204 5023458 6237168 5371881 6681942 1184983 28727 0 X 0 1 X 1 0 X 1577161 2030722 2499647 3355459 3174551 12637540 1577161 2030722 2499647 3355459 3174551 12637540 4149864 8487676 19161 11255 17811 25659 81154 155040 4312 35119 61215 40016 34841 175503 12968083 2765812 0.65450 0.78370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 889759 10000 192843 132221 960381 855962 164041 130244 889759 984263 20594 -26148 122747 855962 785650 25000 294253 120640 984263 787464 113443 115257 785650 0.00000 0.67500 0.32500 1 0 350624 260564 90060 90060 BENEFICIAL INTERST IN ASSETS HELD BY COMMUNITY FOUNDATIONS 516920 F 516920 OPERATING LEASE LIABILITY 81243 81243 X 4119530 28727 11844 40571 4078959 -23383 -23383 4055576 2905820 11844 23383 35227 2870593 0 2870593 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 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN REVENUE FOR 990 -23,383. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN REVENUE FOR 990 23,383. X X X X X X X 1 ABBEY GROUP PO BOX 4067 CUSTER SD 57730 FEASIBILITY STUDY AND CAMPAIGN CONSULTING 0 0 78100 0 78100 SD SD SYMPHONY GALA 206817 134384 72433 800 11260 18549 6983 206817 134384 72433 800 11260 18549 6983 37592 34841 SCHEDULE G, PART I, LINE 3 ABBEY GROUP IS A SOUTH DAKOTA COMPANY WITH SOUTH DAKOTA CLIENTS. THE STATE OF SOUTH DAKOTA DOES NOT REQUIRE PROFESSIONAL CONSULTANT REGISTRATION. 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 FINANCE & 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 10,645. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,645. CONDUCTORS: PROGRAM SERVICE EXPENSES 201,962. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 201,962. PERFORMANCE FEES: PROGRAM SERVICE EXPENSES 367,880. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 367,880. PROFESSIONAL FEES - INFORMATION TECH: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,417. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,417. PROFESSIONAL FEES- PAYROLL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,013. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,013. PROFESSIONAL FEEDS - MISCELLANEOUS: PROGRAM SERVICE EXPENSES 116,986. MANAGEMENT AND GENERAL EXPENSES 34,154. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 151,140.