2026-06-15T10:43:45-07:00 2025-07-31 680260103 REGALIA BERGER & BERGER CPAS 103 TOWN COUNTRY DR STE K DANVILLE CA 94526 990 2024-08-01 680387268 CALIFORNIA SYMPHONY ENDOWMENT FUND CALI 9252802490 100 Pringle Avenue 540 Walnut Creek CA 94596 Barbara Hodgkinson President 9252802490 2026-06-15 true true Douglas W Regalia P00186389 9253140390 2024 2025-03-06 01:10:19Z Barbara Hodgkinson 100 Pringle Avenue 540 Walnut Creek CA 94596 66832 false X www.californiasymphony.org X 1996 CA THE CALIFORNIA SYMPHONY ENDOWMENT FUND WAS CREATED TO ATTRACT ENDOWMENT FUNDS RESTRICTED BOTH IN PERPETUITY and by Time/purpose IN SUPPORT OF THE CALIFORNIA SYMPHONY ORCHESTRA, INC., A 501(C)(3) NONPROFIT CALIFORNIA CORPORATION. 4 4 0 4 0 1023 1000 0 56401 65832 0 57424 66832 72000 283250 0 0 0 0 13519 13842 85519 297092 -28095 -230260 1771197 1666368 0 1771197 1666368 THE CALIFORNIA SYMPHONY ENDOWMENT FUND WAS CREATED TO ATTRACT ENDOWMENT FUNDS RESTRICTED BOTH IN PERPETUITY and by Time/purpose IN SUPPORT OF THE CALIFORNIA SYMPHONY ORCHESTRA, INC., A 501(C)(3) NONPROFIT CALIFORNIA CORPORATION. false false 283250 283250 NOTE----FUNDS IN THE ENDOWMENT REPRESENT NET ASSETS WITH DONOR RESTRICTIONS - IN PERPETUITY AND NET ASSETS WITH DONOR RESTRICTIONS - TIME AND PURPOSE. THE EARNINGS FROM INVESTMENTS, UNDER CALIFORNIA LAW, ARE UTILIZED TO HELP AUGMENT THE OPERATING ACTIVITIES OF THE CALIFORNIA SYMPHONY ORCHESTRA.DURING THE YEAR ENDED JULY 31, 2025, THE CALIFORNIA SYMPHONY ENDOWMENT FUND REMITTED funds THE AMOUNT OF $283,250 TO THE CALIFORNIA SYMPHONY ORCHESTRA. 283250 true false false false false false false false false true false true false false false true false true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 0 0 true 0 false false false false false false false 0 false false false false false false false X 4 4 false false false false false false false true true true false true true true true true true true true false CA X X Lisa Dell 9252802490 100 Pringle Avenue 540 Walnut Creek CA 94596 Lisa Dell EXEC DIRECTOR 0.00 40.00 X 0 175000 6000 Frederic Happy President 1.00 0.00 X X 0 0 0 Barbara Hodgkinson Secretary 1.00 0.00 X X 0 0 0 Richard Hildebrand Director 1.00 0.00 X 0 0 0 Claire Kinney Berg Director 1.00 0.00 X 0 0 0 175000 6000 0 false true false 0 1000 1000 0 65832 65832 0 0 0 0 0 0 0 0 66832 65832 283250 283250 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13842 13842 0 0 0 0 0 0 0 0 0 0 0 0 0 0 297092 283250 13842 0 0 0 0 0 0 0 0 0 0 0 0 1771197 1666368 0 0 0 1771197 1666368 0 0 X 671197 566368 1100000 1100000 1771197 1666368 1771197 1666368 -230260 125431 X X false true X true false X X 1 CALIFORNIA SYMPHONY ORCHESTRA INC 943024038 10 true 0 0 1 0 true false false false false false false false false false false false false false false true false Part I: Additional Information FUNDS IN THE ENDOWMENT REPRESENT PERMANENTLY AND TEMPORARILY RESTRICTED NET ASSETS. THE EARNINGS FROM INVESTMENTS, UNDER CALIFORNIA LAW, ARE UTILIZED TO HELP AUGMENT THE OPERATING ACTIVITIES OF THE CALIFORNIA SYMPHONY ORCHESTRA. Part I, Line 12f: Supported Org Not Named in Organizing Documents 1771197 1000 177421 283250 1666368 1604219 1023 237955 72000 1771197 1527207 144470 67458 1604219 1725254 -128047 70000 1527207 1548233 2000 245021 70000 1725254 0.66010 0.33990 false false false 1666368 X 1463158 125431 1270895 1396326 66832 66832 1807389 1510297 1510297 297092 297092 Part V, Line 4: Intended uses of the endowment fund. The endowment funds, classified as net assets with donor restrictions - in perpetuity, represent donor contributions that are subject to restrictions of gift instruments requiring that the principal be invested in perpetuity. By law, the Foundation is permitted to transfer all interest and realized/unrealized gains to net assets without donor restrictions.The Symphony has periodically appropriated a portion of endowment earnings for operations in accordance with donor restrictions, applicable law, and the Symphonys endowment spending policy. In establishing its spending policy, the Symphony considers the long-term expected return on its endowment, the duration and preservation of endowment assets, general economic conditions, the possible effect of inflation and deflation, and the expected total return from income and appreciation of investments. Over the long term, the Symphony expects its spending policy to allow the endowment to provide a stable source of operating support while maintaining the purchasing power of endowment assets held in perpetuity or otherwise subject to donor restrictions. Part X : FIN48 Footnote Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, the Foundation is required to report information regarding its exposure to various tax positions taken by the Foundation and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that the Foundation has adequately evaluated its current tax positions and has concluded that as of July 31, 2025 the Foundation does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.The Foundation has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that the Foundation continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. Although the Foundation does not currently receive unrelated business income, such future receipts could require the Foundation to file separate tax returns under federal and state statutes. If such conditions exist, the Foundation will calculate and remit the applicable taxes. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Revenue reflected on Orchestra 990 $1270895 Part XII, Line 2d: Other expenses and losses per audited F/S Expenses reflected on Orchestra 990 $1510297 false CALIFORNIA SYMPHONY ORCHESTRA 1475 North Broadway 420 Walnut Creek CA 94596 943024038 501(c)(3) 283250 0 Cost Basis Support for Symphony 1 0 false false false false false false false false false Lisa Dell EXEC DIRECTOR 175000 6000 181000 Form 990, Part VI, Section B, Line 11b FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS THEN REVIEWED BYTHE ORGANIZATION'S MANAGEMENT AND A MEMBER OF THE BOARD OF DIRECTORS. THE FINAL VERSION OF THE TAX RETURN IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S VOTING BODY. A REPRESENTATIVE OF MANAGEMENT AUTHORIZES THE FINAL FORM 990 WHICH IS THEN E-FILED WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, Line 12c MEMBERS OF THE BOARD OF DIRECTORS REVIEW ALL POTENTIAL CONFLICTS OF INTEREST PERIODICALLY. ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS AND ANY RELATED PARTY AFFILIATIONS. THE ORGANIZATION SEEKS FULL TRANSPARENCY ON ALL RELATIONSHIPS. ANY POTENTIAL CONFLICTS (IN FACT OR APPEARANCE) ARE DISCUSSED OPENLY AND RESOLVED IN ACCORDANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES. Form 990, Part VI, Section B, Line 15a The Endowment Fund has no employees. All of the organization's activities are governed by uncompensated (volunteer) board members. Form 990, Part VI, Section B, Line 15b The Endowment Fund has no employees. All of the organization's activities are governed by uncompensated (volunteer) board members. Form 990, Part VI, Section C, Line 19 ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND OTHER LEGALFILINGS ARE MAINTAINED IN A SECURE ENVIRONMENT AND HELD AVAILABLE FOR INSPECTION BYTAX AUTHORITIES AND THE GENERAL PUBLIC. TAX RETURNS ARE POSTED ANNUALLY TOWWW.GUIDESTAR.ORG (WHERE THEY ARE AVAILABLE FOR VIEWING AS ELECTRONIC COPIES) AND ARE ALSO AVAILABLE BY REQUEST FROM THE ORGANIZATION'S OFFICE IN WALNUT CREEK, CALIFORNIA. Form 990, Part XII, Line 2c Under the California Nonprofit Integrity Act, an exempt organization with annual revenue of $2 million or more is required to have an Audit Committee to select an audit Firm, review the audit, and approve the audit of its annual financial statements. The audited financial statements are prepared by a qualified and licensed independent audit firm. The audit report is reviewed and approved by the organization's management and the Board of Directors. CALIFORNIA SYMPHONY ORCHESTRA INC 100 Pringle Avenue 540 Walnut Creek CA 94596 943024038 Symphonic Orchestra CA 501(c)(3) 170(b)(1)(A)(vi) CALIFORNIA SYMPHONY ORCHESTRA INC false false true false false false false false false false false false false false true true false false false false CALIFORNIA SYMPHONY ORCHESTRA INC b 283250 Cost Basis