2025-02-27T08:49:52-06:00 2024-06-30 571112308 VERIS LLC 1156 BOWMAN ROAD SUITE 100-A MOUNT PLEASANT SC 29464 990 2023-07-01 576000192 CHARLESTON SYMPHONY ORCHESTRA CHAR 8437237528 480 EAST BAY STREET STE F CHARLESTON SC 29403 MICHAEL A SMITH CHIEF EXECUTIVE OFFICER 8437237528 2025-02-24 1 1 JACQUELINE BROOKE GLOVER-SKINNER EA P01225402 8438814477 2025-02-24 2023 2025-03-06 01:10:19Z MICHAEL A SMITH 480 EAST BAY STREET STE F CHARLESTON SC 29403 5120173 0 X HTTPS://CHARLESTONSYMPHONY.ORG/ X 1936 SC THE CHARLESTON SYMPHONY'S MISSION IS TO INSPIRE AND ENGAGE THE COMMUNITY THROUGH EXCEPTIONAL MUSICAL PERFORMANCES AND EDUCATIONAL PROGRAMS. 26 26 293 200 0 0 3636958 2782434 1557023 2101630 136405 202143 33553 33966 5363939 5120173 0 0 0 0 2901290 2947786 0 0 496223 1628484 1984184 4529774 4931970 834165 188203 9676718 10727469 1431255 1943899 8245463 8783570 X THE CHARLESTON SYMPHONY'S MISSION IS TO INSPIRE AND ENGAGE THE COMMUNITY THROUGH EXCEPTIONAL MUSICAL PERFORMANCES AND EDUCATIONAL PROGRAMS. 0 0 3423630 2062923 THE SYMPHONY'S 2023-2024 SEASON, THEMED "MUSIC FOR EVERYONE," FEATURED A REMARKABLE LINEUP OF INTERNATIONALLY ACCLAIMED GUEST CONDUCTORS AND WORLD-RENOWNED VISITING ARTISTS. FROM LEGENDARY CONDUCTORS LIKE THOMAS WILKINS, CARL ST. CLAIR, GERARD SCHWARZ, TITO MUOZ, AND LINA GONZLEZ-GRANADOS TO SUPERSTAR GUEST MUSICIANS SUCH AS MICHELLE CANN, PINCHAS ZUKERMAN, MAXIM LANDO, AND SARA DAVIS BUECHNER, THE SEASON CONTINUED TO ELEVATE THE SYMPHONY AS A TOP-TIER ARTS AND CULTURAL DESTINATION. WITH SENSATIONAL PROGRAMMING, INCLUDING WORKS BY PRICE, BRUCKNER, BRAHMS, MARSALIS, VERDI, THE SEASON SHOWCASED INCREDIBLE REPERTOIRE, AND LARGER ORCHESTRAL SOUNDS ELEVATED THE SYMPHONY TO NEW HEIGHTS. THE SYMPHONY'S COMMITMENT TO ARTISTIC EXCELLENCE RESULTED IN RECORD SUBSCRIPTION AND SINGLE TICKET REVENUE.IN FEBRUARY 2024, THE SYMPHONY COLLABORATED WITH CHABAD OF CHARLESTON TO PRESENT "AN EVENING WITH ITZHAK PERLMAN." FOR ONE NIGHT, OUR COMMUNITY EXPERIENCED THIS RARE OPPORTUNITY TO HEAR THE LEGENDARY VIOLINIST, ITZHAK PERLMAN, PERFORM AND CONDUCT THE SYMPHONY. THIS SPECIAL PERFORMANCE SOLD OUT IN LESS THAN THREE WEEKS. 475045 38707 THE CSO REMAINS COMMITTED TO PRESENTING THE HIGHEST-QUALITY MUSICAL EXPERIENCES AND PROVIDING DIRECT ACCESS TO THE ARTS FOR OUR COMMUNITY'S CHILDREN, THEREBY NARROWING THE GAP OF EDUCATIONAL OPPORTUNITY FOR OVER 20,000 STUDENTS ACROSS THE LOWCOUNTRY EACH SEASON. THE CSO IS PROUD TO OFFER MULTIPLE OPPORTUNITIES FOR EDUCATIONAL ENGAGEMENT, WITH A SPECIAL EMPHASIS ON PROVIDING FREE OR LOW-COST PROGRAMMING TO PROMOTE ACCESS TO INSPIRATIONAL EDUCATION THROUGH MUSIC. EACH YEAR, SMALL ENSEMBLES OF CSO MUSICIANS TRAVEL DIRECTLY TO SCHOOLS ACROSS THE TRI-COUNTY AREA TO PRESENT CHAMBER MUSIC CONCERTS AND INSTRUMENTAL DEMONSTRATIONS FREE OF CHARGE THROUGH THE "MUSIC IN SCHOOLS" PROGRAM. DURING THE 2023-24 SCHOOL YEAR, STUDENTS ALSO HAD THE OPPORTUNITY TO ATTEND "YOUNG PEOPLE'S CONCERTS" AT THE GAILLARD CENTER IN PARTNERSHIP WITH CARNEGIE HALL FOR A HIGHLY ENGAGING AND INTERACTIVE PROGRAM OF FULL-SCALE SYMPHONIC MUSIC.IN ADDITION TO THESE PROGRAMS, THE CHARLESTON SYMPHONY YOUTH ORCHESTRA (CSYO) OPERATES YEAR-ROUND AS ONE OF THE CSO'S MOST IMPACTFUL INITIATIVES IN THE DEVELOPMENT OF YOUNG MUSICIANS. THIS ESTEEMED ENSEMBLE PROVIDED MIDDLE AND HIGH SCHOOL STUDENTS WITH RICH MUSICAL EXPERIENCES THROUGH INTERACTIONS AND INTENSIVE COACHING WITH CSO MUSICIANS THROUGHOUT THE SEASON. THE CHARLESTON SYMPHONY YOUTH SINFONIETTA (CSYS) IS A STRING ORCHESTRA THAT INTEGRATES WIND AND BRASS SECTIONS IN EACH CONCERT CYCLE, PREPARING YOUNGER MUSICIANS FOR THE MORE ADVANCED CSYO. THIS YEAR, THE PROGRAM SERVED OVER 100 STUDENTS FROM GRADES 3-12, WHO PERFORMED THREE CONCERTS AT THE CHARLESTON GAILLARD CENTER AND A FINAL CONCERT AT THE MUSIC HALL DURING THE PICCOLO SPOLETO FESTIVAL. THE CSYO AND CSYS WERE ALSO FEATURED IN A SYMPHONY MASTERWORKS PERFORMANCE, PROVIDING STUDENTS WITH THE LIFE-CHANGING EXPERIENCE OF PERFORMING ALONGSIDE PROFESSIONAL MUSICIANS OF THE SYMPHONY ON THE GAILLARD STAGE, CONDUCTED BY MAESTRO GERARD SCHWARZ.FURTHERMORE, THE SYMPHONY CONTINUED ITS PARTNERSHIP WITH THE COLLEGE OF CHARLESTON FOR THE THIRD YEAR OF THE EXECUTIVE FELLOWSHIP PROGRAM AND INTRODUCED THE SECOND SEASON OF THE ORCHESTRAL FELLOWSHIP. THIS YEAR, FIVE MUSICIANS, ALONG WITH TWO EXECUTIVE FELLOWS, WERE SELECTED THROUGH A RIGOROUS PROCESS TO JOIN THE SYMPHONY. THE PROGRAM OFFERSPERSONAL AND PROFESSIONAL DEVELOPMENT FOR EMERGING NONPROFIT ARTS LEADERS AND MUSICIANS. THIS SEASON, THE FELLOWS PARTICIPATED IN A VARIETY OF SYMPHONY ACTIVITIES, INCLUDING MAIN SERIES PERFORMANCES, EDUCATION AND COMMUNITY PROJECTS, AND THE FELLOWSHIP SHOWCASE. THE SYMPHONY REMAINS DEDICATED TO PROVIDING CULTURALLY RELEVANT PROGRAMMING THAT RESONATES WITH DIVERSE AUDIENCES. 3898675 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 58 0 1 293 1 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 SC X X MICHAEL SMITH 8437237528 480 EAST BAY STE F CHARLESTON SC 29403 EDWARD HART DIRECTOR 1.00 X 0 0 0 PATRICK ILDERTON DIRECTOR 1.00 X 0 0 0 TAYLOR CHARPIA DIRECTOR 1.00 X 0 0 0 CLYDE HIERS DIRECTOR 1.00 X 0 0 0 NATALIE HAM DIRECTOR 1.00 X 0 0 0 JODI RUSH DIRECTOR 1.00 X 0 0 0 GERALD TANENBAUM DIRECTOR 1.00 X 0 0 0 KAY MAYBANK DIRECTOR 1.00 X 0 0 0 MICHAEL MOODY DIRECTOR 1.00 X 0 0 0 CYNTHIA MABRY DIRECTOR 1.00 X 0 0 0 TRACY GROOMS DIRECTOR 1.00 X 0 0 0 ELLEN DAVIS DIRECTOR 1.00 X 0 0 0 RENARD HARRIS DIRECTOR 1.00 X 0 0 0 ANNE OLSON DIRECTOR 1.00 X 0 0 0 DR SHARESE PEARSON-BUSH DIRECTOR 1.00 X 0 0 0 TIFFANY REED SILVERMAN DIRECTOR 1.00 X 0 0 0 GAIL CORVETTE DIRECTOR 1.00 X 0 0 0 STUART AMES DIRECTOR 1.00 X 0 0 0 ANNE W CLEVELAND DIRECTOR 1.00 X 0 0 0 DR AARON P LESHER DIRECTOR 1.00 X 0 0 0 CHRIS STAUBES DIRECTOR 1.00 X 0 0 0 RAJAN GOVINDAN TREASURER 1.00 X 0 0 0 DR BOBBY BAKER PRESIDENT 1.00 X 0 0 0 DAVID SAVARD VICE PRESIDENT 1.00 X 0 0 0 MICHAEL A SMITH CHIEF EXECUTIVE OFFICER 60.00 X 162500 0 12968 SUSAN SULLIVAN SECRETARY 1.00 X 0 0 0 JERRY EVANS VICE PRESIDENT 1.00 X 0 0 0 WENDI HUFF VICE PRESIDENT 1.00 X 0 0 0 162500 0 12968 1 0 1 0 0 203500 271905 2307029 2375 2782434 CONCERT REVENUE 711130 2101630 2101630 2101630 202143 202143 OTHER INCOME 900099 33966 33966 33966 5120173 2337739 0 0 150000 37500 75000 37500 2797786 2455333 18136 324317 226864 226864 342982 342982 64218 64218 126838 114967 11871 37979 37979 5467 5467 36938 36938 GUEST ARTISTS AND CONDU 342414 342414 STAGE CREWS 267759 267759 DEVELOPMENT FUNDRAISING 122427 122427 HALL RENTAL 100393 100393 309905 237327 60599 11979 4931970 3898675 537072 496223 1047913 1200971 5128897 6352205 2146534 1654409 102525 70251 549283 214779 339971 334504 910878 1115129 9676718 10727469 336965 398961 839306 893127 254984 651811 1431255 1943899 X 5768041 6779729 2477422 2003841 8245463 8783570 9676718 10727469 188203 349904 0 X X 0 1 X 1 0 X 2078237 2922976 7656074 3636958 2782434 19076679 1408163 808862 1451805 1557023 2101630 7327483 3486400 3731838 9107879 5193981 4884064 26404162 391593 396179 1957566 486647 605206 3837191 0 391593 396179 1957566 486647 605206 3837191 22566971 29281 150617 54642 136405 202143 573088 29281 150617 54642 136405 202143 573088 31283 1554 32064 33553 33966 132420 3546964 3884009 9194585 5363939 5120173 27109670 0.83240 0.84850 0.02110 0.01410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7463208 263839 131980 197899 7661128 5403764 1533633 896430 370619 7463208 834970 4128896 439898 5403764 658797 10000 170260 4087 834970 607086 25000 51526 20000 4815 658797 1 0 549283 214779 334504 334504 ERTC RECEIVABLE 542519 RIGHT OF USE ASSET, NET - OPERATING LEASE 488109 REIT HELD FOR SALE 84501 1115129 X 5470077 349904 349904 5120173 0 5120173 4931970 0 4931970 0 4931970 PART X, LINE 2: THE FASB PROVIDES GUIDANCE ON THE SYMPHONY'S EVALUATION OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE SYMPHONY'S TAX POSITION AND CONCLUDED THAT THE SYMPHONY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. 0 0 0 0 0 0 0 0 0 MICHAEL A SMITH CHIEF EXECUTIVE OFFICER 150000 0 12500 0 0 0 0 0 12968 0 175468 0 0 0 FORM 990, PART I, LINE 1 THE CHARLESTON SYMPHONY ORCHESTRA (CSO) HAS SERVED THE COMMUNITY AS AN INTEGRAL CULTURAL CORNERSTONE OF THE LOWCOUNTRY FOR ALMOST 90 YEARS. FOUNDED IN 1936, THE ARTISTIC VISION OF THE CSO IS TO PERFORM AND PRESENT THE HIGHEST QUALITY MUSIC, AND TO ENGAGE AND ENRICH PEOPLE OF ALL AGES, RACE, OR ECONOMIC STATUS BY EXPLORING, EXPERIENCING, AND CREATING CLASSICAL MUSIC. AS ONE OF THE LARGEST FULL-TIME PERFORMING ARTS ORGANIZATIONS IN SOUTH CAROLINA, THE CSO HOSTS CLOSE TO 200 CAPTIVATING EVENTS AND IMMERSIVE MUSICAL EXPERIENCES FOR MORE THAN 60,000 ADULTS AND CHILDREN ANNUALLY. NOTEWORTHY ACHIEVEMENTS INCLUDE THE LAUNCH OF THE ORCHESTRAL FELLOWSHIP AND THE SUCCESSFUL CONCLUSION OF THE CSO'S INAUGURAL ENDOWMENT CAMPAIGN AFTER RAISING OVER $16 MILLION. WITH A FOCUS ON ACCESSIBILITY, AND CULTIVATING AUDIENCES, THE CSO EXPANDED ITS EFFORTS THROUGH DIVERSE PROGRAMMING, BOLD MUSICAL EXPERIENCES, AND ELEVATED EDUCATION OFFERINGS. BUILDING ON THE MOMENTUM OF RECENT SEASONS, THE CSO REMAINS DEDICATED TO BEING FOR ALL OF CHARLESTON, ENSURING ITS CONTINUED RELEVANCE AND IMPACT IN THE COMMUNITY. FORM 990, PART VI, SECTION B, LINE 11B THE FULL BOARD OF DIRECTORS, EXECUTIVE DIRECTOR AND SEPARATELY THE FINANCE COMMITTEE OF THE CHARLESTON SYMPHONY ORCHESTRA ARE GIVEN AN ALLOTED TIME TO REVIEW THE FORM 990 BEFORE IT IS FILED. ANY CHANGES NOTED DURING THE REVIEW PERIOD ARE MADE TO PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR OFFICERS AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AND SIGN AN ASSURANCE TO THAT EFFECT. ANY CONFLICTS SO DISCLOSED ARE INVESTIGATED AND RESOLVED. DURING THE YEAR, IF ANY OTHER CONFLICTS ARE MADE AWARE TO THE BOARD AND MANAGEMENT, THEY WOULD PURSUE AND RESOLVE THOSE ISSUES WITH THE OFFICER OR BOARD MEMBER IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15 THE CHARLESTON SYMPHONY ORCHESTRA DOES NOT COMPENSATE ANY OFFICERS OR DIRECTORS, EXCEPT FOR THE EXECUTIVE DIRECTOR. EMPLOYEE COMPENSATION IS REVIEWED ANNUALLY IN CONJUNCTION WITH THE OPERATING BUDGET PROCESS, WHICH IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE CHARLESTON SYMPHONY ORCHESTRA PROVIDES ACCESS TO ITS FORM 1023 UPON REQUEST AND FORM 990 IS POSTED ON ITS WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE CSO MAKES IS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC EITHER ON OUR WEBSITE OR UPON REQUEST. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FOR THE PRIOR YEAR. CHARLESTON SYMPHONY ORCHESTRA LEAGUE INC PO BOX 22613 CHARLESTON SC 29413 542133879 FUNDRAISING FOR CSO SC 501(C)(3) LINE 10 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CHARLESTON SYMPHONY ORCHESTRA LEAGUE INC C 203500 FAIR VALUE