2026-04-14T21:07:59-05:00 2025-05-31 BDO USA 600 NORTH PEARL ST SUITE 1700 DALLAS TX 75201 990 2024-06-01 751529851 DALLAS SYMPHONY FOUNDATION % DEANIE SEWELL DAO DALL 2148714000 2301 FLORA STREET STE 300 DALLAS TX 75201 COLEY CLARK President 2148714000 2026-03-10 true true Laurie B Elmore CPA P00228866 2149697007 2026-04-01 2024 2025-03-06 01:10:19Z COLEY CLARK 2301 FLORA STREET STE 300 DALLAS TX 75201 60845882 false X www.dallassymphony.org X 1976 TX The Dallas Symphony Foundation is operated for the benefit of, and to further the purposes of the Dallas Symphony Association 15 15 0 0 24116741 13374332 0 0 4741011 8135522 0 0 28857752 21509854 15066757 20775610 0 0 0 0 0 0 0 553801 695737 15620558 21471347 13237194 38507 166497520 175208417 0 0 166497520 175208417 X THE PURPOSE OF THE DALLAS SYMPHONY FOUNDATION (DSF) IS TO MANAGE AND INVEST AN ENDOWMENT FUND FOR THE BENEFIT OF THE DALLAS SYMPHONY ASSOCIATION (75-0705442), AND TO MAKE DISTRIBUTIONS TO THE DALLAS SYMPHONY ASSOCIATION FROM THIS ENDOWMENT FUND. DURING THE FISCAL YEAR ENDING MAY 31, 2025, THE FOUNDATION, PURSUANT TO A DISTRIBUTION POLICY ADOPTED BY THE DSF BOARD OF DIRECTORS, DISTRIBUTED $20,775,610 TO THE ASSOCIATION. false false 20778011 20775610 8135522 THE PURPOSE OF THE DALLAS SYMPHONY FOUNDATION (DSF) IS TO MANAGE AND INVEST AN ENDOWMENT FUND FOR THE BENEFIT OF THE DALLAS SYMPHONY ASSOCIATION (75-0705442), AND TO MAKE DISTRIBUTIONS TO THE DALLAS SYMPHONY ASSOCIATION FROM THIS ENDOWMENT FUND. DURING THE FISCAL YEAR ENDING MAY 31, 2025, THE DSF, PURSUANT TO A DISTRIBUTION POLICY ADOPTED BY THE DSF BOARD OF DIRECTORS, DISTRIBUTED $20,775,610 TO THE ASSOCIATION. 20778011 true true false false false false false false false true false true false false false true true true false false false false false false false false false true false false false false false false false false false false true false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true false false false X X DEANIE SEWELL DAO 2148714014 2301 FLORA STREETSUITE 300 dallas TX 75201 Harold M Brierley BOARD MEMBER 0.0 0.0 X 0 0 0 Cherryl Peterman Board Member - TREASURER 0.0 0.0 X X 0 0 0 Coley Clark Board Member - President 0.0 0.0 X X 0 0 0 Yon Y Jorden Board Member 0.0 0.0 X X 0 0 0 John Dayton Board Member 0.0 0.0 X 0 0 0 LINDA MCFARLAND Board Member 0.0 0.0 X 0 0 0 Melissa Stewart Board Member - Secretary 0.0 0.0 X X 0 0 0 Maisie Heiken Board Member 0.0 0.0 X 0 0 0 Andrew Nall Board Member - Vice President 0.0 0.0 X X 0 0 0 MARC NIVET Board Member 0.0 0.0 X 0 0 0 Jeffrey M Robinson BOARD MEMBER 0.0 0.0 X X 0 0 0 ANDREW CLUGSTON Board Member 0.0 0.0 X 0 0 0 Key Coker Board Member 0.0 0.0 X 0 0 0 Steve Do Board Member 0.0 0.0 X 0 0 0 Marc Gineris Board Member 0.0 0.0 X 0 0 0 0 0 0 0 false false false 0 13374332 294427 13374332 0 3686955 3686955 0 0 0 0 0 43784595 39336028 4448567 4448567 4448567 0 0 0 0 0 0 0 0 0 0 21509854 8135522 20775610 20775610 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MANAGEMENT & CUSTODIAL FEES 693336 693336 CHANGE IN ANNUITY 2401 2401 21471347 20778011 693336 0 0 0 0 0 944315 698129 137990 162633 0 0 0 0 0 0 0 0 0 0 0 0 0 132127061 139321334 28915185 34287948 0 0 0 0 4372969 738373 166497520 175208417 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 28177879 44599522 138319641 130608895 166497520 175208417 166497520 175208417 X 38507 8669989 2401 X false true true false X X 1 DALLAS SYMPHONY ASSOCIATION 750705442 2 true 20775610 0 1 20775610 true false false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 166497520 13374332 16112175 20775610 175208417 137196046 24116741 20251490 15066757 166497520 145043184 2387833 -1637559 8597412 137196046 156916763 3260996 -5566709 9567866 145043184 131383798 1679351 35815064 11961450 156916763 0.26000 0.43000 0.31000 false false OTHER SECURITY 34287948 F 34287948 0 0 29486507 8669989 -693336 7976653 21509854 21509854 20775610 20775610 693336 2401 695737 21471347 schedule d, part xi, line 2d and Sch D, Part XII, line 4a-fees to inv mgr Investment income on the financial statements is a net number, i.e. investment income less related expenses is shown on the audit report. SCH D, PART XI, LINE 4B and Sch D, Part XII, Line 4b Annuity Payments SCHEDULE D, PART X, ITEM 2 - FIN 48 DISCLOSURE THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECONCILIATION FROM MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGEMENT OCCURS. MANAGEMENT BELIEVES THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS. Schedule D, Part V, Line 4 The endowment's intended uses are for both restricted distributions in accordance with donor designations and distributions for general operating expenses. true DALLAS SYMPHONY ASSOCIATION 2301 FLORA STREET SUITE 300 DALLAS TX 75206 750705442 501(c)(3) 20775610 FMV N/A Operating Support 1 0 X 2 294427 false true true SCH M, COL B - STOCK GIFTS THERE WERE 2 STOCK GIFTS MADE TO THE DALLAS SYMPHONY FOUNDATION DURING THE 2024-25 TAX YEAR, THAT INCLUDED 1,210 SHARES OF STOCK. SCH M, LINE 9, COL D - VALUATION THE VALUE OF THE STOCK IS DETERMINED USING AN AVERAGE OF THE HIGH PRICE AND THE LOW PRICE MULTIPLIED BY THE NUMBER OF SHARES DONATED ON THE DATE OF THE TRANSFER TO THE DALLAS SYMPHONY FOUNDATION. SCH M, LINE 32A AND 32B - SALE OF DONATED STOCK ALL STOCK GIFTS ARE TRANSFERRED TO AN ACCOUNT AT CHARLES SCHWAB OWNED BY THE DALLAS SYMPHONY FOUNDATION AND SOLD UPON RECEIPT. THE SHARES WERE SOLD IMMEDIATELY AND THE PROCEEDS TRANSFERRED TO THE DALLAS SYMPHONY FOUNDATION. PART VI, SECTION B, LINE 12A-C - CONFLICT OF INTEREST POLICY THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. A CONFLICT OF INTEREST QUESTIONNAIRE IS SENT OUT ANNUALLY TO EVERY MEMBER OF THE GOVERNING BODY. THE RESULTS ARE REVIEWED TO DETERMINE WHETHER THERE ARE ANY MEMBERS OF THE GOVERNING BODY WHO ARE NOT INDEPENDENT. PART VI, SECTION B, LINE 11B - TAX RETURN PREPARATION The 990 is prepared by the Sr. Staff Accountant and the Director of Accounting Operations, reviewed by the Director of Accounting Operations, Chief Financial Officer and the President and CEO of the Dallas Symphony Association. The form and all supporting documents are provided to Tax Accountants at BDO USA for review and entry into an e-file system. The return is reviewed by outside legal counsel. The Form 990 is also reviewed by the Dallas Symphony Association Audit Committee (the Association Audit Committee is authorized to review the 990 of the DSF) Prior to being filed. Upon final review by the audit committee, the return/e-file authorization is signed by the President and CEO of the Dallas Symphony Association. A copy is provided to the Board of Directors. PART VI, SECTION B, LINE 13 - WHISTLE BLOWER POLICY THE ORGANIZATION FOLLOWS THE WHISTLEBLOWER POLICY OF THE DALLAS SYMPHONY ASSOCIATION. PART VI, SECTION B, LINE 14 - DOCUMENT RETENTION THE ORGANIZATION FOLLOWS THE DOCUMENT RETENTION AND DESTRUCTION POLICY OF THE DALLAS SYMPHONY ASSOCIATION. PART VI, SEC. B, LINE 15 - NO COMPENSATION FOR DIRECTORS THE ORGANIZATION DOES NOT COMPENSATE ANY DIRECTORS. PART VI, SECTION C, LINE 19 - FINANCIAL STATEMENTS AVAILABLE THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE GUIDESTAR WEBSITE AND BY REQUEST. CONFLICTS OF INTEREST POLICY IS AVAILABLE VIA REQUEST. THE RESTATED CERTIFICATE OF FORMATION IS AVAILABLE TO THE PUBLIC VIA ANOTHER'S WEBSITE. THE BYLAWS ARE NOT MADE AVAILABLE TO THE PUBLIC. PART XI, LINE 5 - NET UNREALIZED GAIN/LOSS ON INVESTMENTS The other changes in net assets amount agrees with Sch D, part XI, line 2a. Line 2a is Net unrealized gains/(losses)on investments. PART VIII, LINE 1F - STATEMENT OF REVENUE RECONCILIATION RECONCILIATION FROM GENERAL LEDGER TO THE TAX RETURN: CONTRIBUTIONS PER GL .................................... 13,622,920 CHANGE IN NET PRESENT VALUE OF PLEDGES .................. (246,187) CHANGE IN ANNUITY........................................ (2,401) TOTAL PER AFS (TOTAL PART VIII, LINE 1F)............... = 13,374,332 DALLAS SYMPHONY ASSOCIATION 2301 FLORA STREET SUITE 300 DALLAS TX 75201 750705442 MUSIC PRODUCT TX 501(c)(3) 509(A)(2) DAL SYM ASSC false false true false true false false false false false false false false true true true false false false SEE PART VII Part V, line 2 (1)(d) - THE BOARD OF DIRECTORS ESTABLISHED A MAXIMUM ANNUAL DISTRIBUTION LIMITED TO 5% OF THE AVERAGE MARKET VALUE OF THE ASSETS AS OF THE END OF THE PREVIOUS TWELVE QUARTERS. DURING THE FISCAL YEAR ENDED MAY 31, 2025, THE DALLAS SYMPHONY FOUNDATION BOARD OF DIRECTORS ALSO APPROVED AND MADE SPECIAL DISTRIBUTIONS, ABOVE AND BEYOND THE MAXIMUM ANNUAL DISTRIBUTION TO THE DALLAS SYMPHONY ASSOCIATION.