2026-01-15T12:41:06-06:00 2025-06-30 621804252 WATKINS UIBERALL PLLC 1661 AARON BRENNER DR STE 300 MEMPHIS TN 38120 990 2024-07-01 626015885 MEMPHIS SYMPHONY ORCHESTRA INC MEMP 9015372500 610 GOODMAN STREET MEMPHIS TN 38152 PETER ABELL PRESIDENT/CEO 9015372500 2026-01-14 1 1 MICHAEL KENNEDY P01750940 9017612720 2026-01-14 2024 2025-03-06 01:10:19Z PETER ABELL 610 GOODMAN STREET MEMPHIS TN 38152 4082630 0 X WWW.MEMPHISSYMPHONY.ORG X 1953 TN TO ENRICH THE LIVES OF OUR DIVERSE COMMUNITY THROUGH EXCEPTIONAL MUSIC AND DYNAMIC PROGRAMS. 20 18 191 255 5000 0 4475588 2684190 1100159 1244715 49016 119726 54293 33999 5679056 4082630 0 0 0 0 3450027 3441563 0 0 561980 1102681 1432324 4552708 4873887 1126348 -791257 8971312 8694523 450119 433945 8521193 8260578 TO ENRICH THE LIVES OF OUR DIVERSE COMMUNITY THROUGH EXCEPTIONAL MUSIC AND DYNAMIC PROGRAMS. 0 0 4040600 1273714 THE MEMPHIS SYMPHONY ORCHESTRA STRIVES TO ENRICH THE LIVES OF OUR DIVERSE COMMUNITY THROUGH EXCEPTIONAL MUSIC AND DYNAMIC PROGRAMS. MORE THAN 400 MUSICIANS, STAFF AND VOLUNTEERS MAKE UP THE MEMPHIS SYMPHONY ORCHESTRA, MEMPHIS SYMPHONY CHORUS AND MEMPHIS SYMPHONY LEAGUE, OPERATING EDUCATIONAL PROGRAMS, ORGANIZING COMMUNITY ENGAGEMENT EVENTS AND PERFORMING CONCERTS 4040600 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 84 0 1 191 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 20 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 TN X X PETER ABELL 9015372500 610 GOODMAN STREET MEMPHIS TN 38152 ABELL PETER PRESIDENT/CEO 40.00 X X 133046 0 10353 MERRILL IRMA W CHAIRPERSON 1.00 X X 0 0 0 FARMER JASON IMMEDIATE PAST CHAIR 1.00 X 0 0 0 MARUS RAMON TREASURER 1.00 X X 0 0 0 ELLISON DR DAVID SECRETARY 1.00 X X 0 0 0 MOODY ROBERT MUSIC DIRECTOR 40.00 X 211523 0 12708 BREZINA DR PAUL DIRECTOR 1.00 X 0 0 0 COLLIER DABNEY DIRECTOR 1.00 X 0 0 0 CROSBY MARK DIRECTOR 1.00 X 0 0 0 GERARD JERE DIRECTOR 1.00 X 0 0 0 HEPPEL SCOTT DIRECTOR 1.00 X 0 0 0 JOHNSON-DEAN DR CAROL DIRECTOR 1.00 X 0 0 0 MAKOWSKY GARY DIRECTOR 1.00 X 0 0 0 MAULDIN BACARRA DIRECTOR 1.00 X 0 0 0 MCKISSACK MICHELLE ROBINSON DIRECTOR 1.00 X 0 0 0 MENDEL DR LISA LUCKS DIRECTOR 1.00 X 0 0 0 PORTER SONYA DIRECTOR 1.00 X 0 0 0 SARGEANT LARETHA DIRECTOR 1.00 X 0 0 0 TUCKER MARY DIRECTOR 1.00 X 0 0 0 WHITNEY SUSANNA DIRECTOR 1.00 X 0 0 0 KNISLEY BRANDON E KEY EMPLOYEE 40.00 X 110768 0 9685 455337 0 32746 3 0 1 0 0 2684190 133302 2684190 CONCERT REVENUE 711130 1244715 1244715 1244715 119726 119726 MISCELLANEOUS 900099 28999 28999 ADVERTISING REVENUE 541800 5000 5000 33999 4082630 1273714 5000 119726 143399 128298 2511 12590 2692878 2409297 47160 236421 398821 373547 3425 21849 206465 184058 3765 18642 97599 97599 34650 34650 234578 11696 61617 161265 106823 105221 1602 42922 38301 4621 62212 45029 17183 32215 3295 14460 14460 12572 7672 3959 941 4151 3321 830 23250 23250 PRODUCTION EXPENSES 345295 345295 ARTIST FEES 302553 302553 DONOR RELATIONS 50406 50406 MERCHANT FEES 28275 28275 54823 31492 2161 21170 4873887 4040600 271307 561980 2085817 1237740 262928 273761 0 79400 5500 3318 38684 43169 1127280 592921 479646 534359 2103697 2204784 3995040 4317992 8971312 8694523 56771 166753 267061 197543 126287 69649 450119 433945 X 4521581 3636713 3999612 4623865 8521193 8260578 8971312 8694523 X -791257 530642 X X 0 1 X 1 1 1 X 3266566 3977432 3560014 4475588 2684190 17963790 137694 603246 1074367 1138452 1273714 4227473 3404260 4580678 4634381 5614040 3957904 22191263 162047 110650 99800 127140 93950 593587 0 162047 110650 99800 127140 93950 593587 21597676 441 0 38060 49016 119726 207243 441 38060 49016 119726 207243 3252 1719 1488 6459 3407953 4582397 4673929 5663056 4077630 22404965 0.96400 0.96020 0.00920 0.00400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 651500 592921 58579 475780 475780 534359 INVESTMENTS - FIRST HORIZON ADVISORS 1079550 F INVESTMENTS - DIVERSIFIED TRUST 1125234 F 2204784 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 4249674 OTHER ASSETS 1600 RIGHT-OF-USE ASSETS 66718 4317992 RIGHT-OF-USE LEASE LIABILITY 69649 69649 4699660 86388 530642 617030 4082630 0 4082630 4960275 86388 86388 4873887 0 4873887 PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 530,642. 0 0 0 0 0 0 0 0 0 MOODY ROBERT MUSIC DIRECTOR 211523 0 0 0 0 0 6346 0 6362 0 224231 0 0 0 X 2 133302 VALUE ON DATE CONTRIBUTD 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS THE 990 IN DETAIL. THE BOARD IS PROVIDED A COPY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY AT LEAST ANNUALLY, ALL BOARD MEMBERS ARE REQUIRED TO REVIEW THE ORGANIZATION'S CONFLICT OF INTREST POLICY AND NOTIFY MANAGEMENT OF ANY CONFLICTS OR SIGN A STATEMENT THAT NO SUCH CONFLICTS EXIST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL COMPENSATION IS DETERMINED BY REVIEW AND APPROVAL BY A GOVERNING BOARD COMPOSED OF PERSONS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH DETERMING THE COMPENSATION ARRANGEMENT. THE BOARD HAS RELIED ON APPROPRIATE COMPARABLE DATA AND DOCUMENTED ITS ACTIONS AT THE TIME THEY WERE TAKEN. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 530,642. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, OTHER NOTES: STATEMENT ABOUT MSO ENDOWMENT FUNDS HELD BY OTHERS: THERE ARE MULTIPLE ENDOWMENT FUNDS, CUSTODIED BY OUTSIDE FINANCIAL INSTITUTIONS AND ESTABLISHED SPECIFICALLY FOR THE PERPETUAL SUPPORT OF THE MEMPHIS SYMPHONY ORCHESTRA. ANNUAL PAYMENTS FROM THE FUNDS ARE TAKEN AT VARIOUS TIMES AND BY VARIOUS DRAW RATE CALCULATIONS. AT JUNE 30, 2025, THE ESTIMATED BALANCE OF ALL FUNDS WAS $24,417,245. TOTAL DISTRIBUTIONS RECEIVED FROM THE ENDOWMENT FUNDS FOR THE YEAR ENDING JUNE 30, 2025, WAS $1,021,084.