2025-06-26T08:16:51-05:00 2024-08-31 132550103 D'ARCANGELO AND CO LLP 5000 BRITTONFIELD PKWY BLDG B SUITE 103 SYRACUSE NY 13057 990 2023-09-01 222172591 SYRACUSE SYMPHONY FOUNDATION INC C/O LYNN D'ELIA TEMES & STANCZYK LLC SYRA 3154761010 449 S SALINA STREET SYRACUSE NY 13202 DAVID A A RIDINGS BOARD OFFICER 3154761010 2025-06-26 1 0 ROY CLARK P00737936 3154757213 2025-06-25 2023 2025-03-06 01:10:19Z 449 S SALINA STREET SYRACUSE NY 13202 291467 0 X N/A X 1977 NY THE FOUNDATION INVESTS AND MANAGES FUNDS AND ASSETS FOR THE PURPOSE OF SUPPORTING THE PRESENTATION OF SYMPHONY ORCHESTRA MUSIC IN THE CENTRAL NEW YORK REGION, INITIALLY THE SUPPORT OF THE ACTIVITIES OF THE SYRACUSE SYMPHONY ORCHESTRA, INC. AS A FULL-TIME PROFESSIONAL SYMPHONY ORCHESTRA. THE FOUNDATION CURRENTLY ONLY SUPPORTS MUSICAL ASSOCIATES OF CENTRAL NEW YORK, INC. 7 7 0 0 0 0 0 0 0 0 327563 291467 0 0 327563 291467 472380 489000 0 0 0 0 0 0 0 47128 49178 519508 538178 -191945 -246711 12969573 14529610 0 0 12969573 14529610 SEE SCHEDULE O 0 0 489000 489000 GRANTS TO OTHER NON-PROFIT ORGANIZATIONS TO SUPPORT SYMPHONY MUSIC IN CENTRAL NEW YORK. 489000 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 NY X X LYNN D'ELIATEMES & STANCYZK LLC 3154761010 449 S SALINA STREET SYRACUSE NY 13202 DAVID A A RIDINGS CHAIRMAN 1.00 X X 0 0 0 ALICE KENDRICK SECRETARY 1.00 X X 0 0 0 ELSA SODERBERG DIRECTOR 1.00 X 0 0 0 CRAIG BUCKOUT DIRECTOR 1.00 X 0 0 0 GARY GROSSMAN DIRECTOR 1.00 X 0 0 0 BILL BYRNE TREASURER 1.00 X X 0 0 0 PAUL DRESCHER DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 291467 291467 291467 291467 0 0 489000 489000 4870 4870 42594 42594 1714 1714 538178 489000 49178 0 443397 677447 12500296 13822976 25880 29187 12969573 14529610 0 0 X 12969573 14529610 12969573 14529610 12969573 14529610 -246711 1806748 0 X 0 0 0 X X 1 MUSICAL ASSOCIATES OF CENTRAL NEW YORK 461080817 7 1 489000 0 1 489000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 327563 291467 0 0 0 0 327563 291467 0 0 0 0 0 0 327563 291467 12500000 14200000 400000 650000 0 0 12900000 14850000 0 0 0 12900000 14850000 193500 222750 12706500 14627250 444728 511954 0 0 444728 511954 327563 278429 444728 444728 0 444728 489000 0 0 0 0 0 489000 489000 444728 100.000000000000 444728 0 0 0 0 53619 472380 525999 0 444728 0 81271 489000 0 489000 0 0 570271 0 0 0 81271 489000 0 12969593 2098215 489000 49178 14529630 12429688 1059413 472380 47128 12969593 14257499 -1340540 435749 51542 12429688 11181213 2441241 519000 48199 14257499 11181213 10000 1861552 414000 48011 12383457 0 0 0 X 2098215 1806748 1806748 291467 0 291467 538178 0 538178 0 538178 PART V, LINE 4: ENDOWMENT FUNDS HELD BY THE FOUNDATION ARE USED TO SUPPORT THE FOUNDATION'S MISSION. ANNUAL DISTRIBUTIONS FROM ENDOWMENT INVESTMENT INCOME AND/OR GAINS ARE DETERMINED BY THE BOARD OF DIRECTORS. PART X, LINE 2: ACCOUNTING STANDARD REQUIRES ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTY IN THEIR TAX POSITION. FOR TAX-EXEMPT ENTITIES, THEIR TAX-EXEMPT STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, SINCE EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. THE FOUNDATION HAS IMPLEMENTED THIS STANDARD AND ITS CURRENT ACCOUNTING POLICY FOR EVALUATING UNCERTAIN TAX POSITIONS IS IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THE FOUNDATION HAS NOT RECOGNIZED ANY BENEFITS FROM UNCERTAIN TAX POSITIONS AND BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS FOR WHICH IT IS REASONABLE POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE BALANCE SHEET DATE. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN MISCELLANEOUS EXPENSE. NO INTEREST OR PENALTIES WERE RECOGNIZED IN 2021 OR 2022. THE FOUNDATION FILES INFORMATIONAL RETURNS IN THE U.S. REDERAL JURISDICTION AND NEW YORK STATE. THE FOUNDATION'S RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR FISCAL YEARS PRIOR TO 2016. 0 MUSICAL ASSOCIATES OF CENTRAL NEW YORK PO BOX 1161 SYRACUSE NY 13201 461080817 489000 0 OPERATIONS GRANT FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST FORMS ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.