Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $198,440

• 1d · Related organizations

  $17,324,320

• 1e · Government grants (contributions)

  $1,295,847

• 1f · All other contributions, gifts and grants

  $22,490,021

• 1g · Noncash contributions included above

  $1,560,448

• 2a · Program service revenue: CONCERT REVENUE

  total $6,872,048 · related or exempt $6,872,048

• 2b · Program service revenue: PERFORMANCE HALL RENTAL

  total $243,107 · related or exempt $243,107

• 2c · Program service revenue: TUITION

  total $50,925 · related or exempt $50,925

• 3 · Investment income

  total $2,391,756 · excluded $2,391,756

• 5 · Royalties

  total $1,298 · excluded $1,298

• 7a · Gross sales of assets other than inventory

  securities $14,998,459

• 7b · Less cost or other basis and sales expenses

  securities $14,961,329

• 7c · Gain or loss

  securities $37,130

• 7d · Net gain or loss

  total $37,130 · excluded $37,130

• 8a · Fundraising events: gross income

  $184,034

• 8a · Fundraising events: contributions included on line 1c

  $198,440

• 8b · Fundraising events: direct expenses

  $121,974

• 8c · Net income from fundraising events

  total $62,060 · excluded $62,060

• 11a · Other revenue: FOOD & BEVERAGE SALES

  total $429,080 · excluded $429,080

• 11b · Other revenue: PARKING FEES

  total $237,823 · excluded $237,823

• 11c · Other revenue: HANDLING FEES

  total $200,241 · excluded $200,241

• 11d · All other revenue

  total $373,195 · excluded $373,195

• 11e · Other revenue, total

  $1,240,339

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $139,000 · program services $139,000

• 5 · Compensation of officers, directors and key employees

  total $1,200,550 · program services $319,753 · management and general $880,797

• 7 · Other salaries and wages

  total $16,301,273 · program services $13,398,415 · management and general $1,706,226 · fundraising $1,196,632

• 8 · Pension plan contributions

  total $1,122,441 · program services $974,607 · management and general $89,149 · fundraising $58,685

• 9 · Other employee benefits

  total $2,480,583 · program services $2,176,141 · management and general $171,768 · fundraising $132,674

• 10 · Payroll taxes

  total $1,236,917 · program services $1,046,681 · management and general $128,468 · fundraising $61,768

• 11b · Fees: legal

  total $98,166 · program services $69,861 · management and general $25,747 · fundraising $2,558

• 11c · Fees: accounting

  total $81,646 · management and general $81,646

• 11d · Fees: lobbying

  total $82,500 · management and general $82,500

• 11e · Fees: professional fundraising services

  total $164,319 · fundraising $164,319

• 11f · Fees: investment management

  total $5,604 · management and general $5,604

• 11g · Fees: other

  total $522,350 · program services $134,791 · management and general $272,334 · fundraising $115,225

• 12 · Advertising and promotion

  total $912,419 · program services $68,879 · management and general $835,916 · fundraising $7,624

• 13 · Office expenses

  total $909,977 · program services $322,293 · management and general $470,991 · fundraising $116,693

• 16 · Occupancy

  total $1,574,222 · program services $1,237,634 · management and general $242,607 · fundraising $93,981

• 17 · Travel

  total $1,286,451 · program services $1,132,489 · management and general $93,541 · fundraising $60,421

• 20 · Interest

  total $14,660 · management and general $14,660

• 22 · Depreciation, depletion and amortization

  total $406,445 · program services $361,736 · management and general $40,645 · fundraising $4,064

• 23 · Insurance

  total $307,850 · program services $283,184 · management and general $22,424 · fundraising $2,242

• 24a · Other expenses: ARTIST FEES

  total $2,351,752 · program services $2,351,752

• 24b · Other expenses: OTHER CONCERT COSTS

  total $1,054,319 · program services $1,030,277 · management and general $8,364 · fundraising $15,678

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $23,736,000 · end of year $28,954,271

• 3 · Pledges and grants receivable

  beginning of year $39,074,525 · end of year $44,487,598

• 4 · Accounts receivable

  beginning of year $1,110,407 · end of year $23,105

• 5 · Loans and receivables from officers and key people

  beginning of year $77,394 · end of year $95,564

• 7 · Other notes and loans receivable

  beginning of year $1,669,331 · end of year $1,714,863

• 8 · Inventories for sale or use

  beginning of year $6,442

• 9 · Prepaid expenses and deferred charges

  beginning of year $228,365 · end of year $573,369

• 10a · Land, buildings and equipment: cost or other basis

  $41,269,454

• 10b · Land, buildings and equipment: accumulated depreciation

  $12,859,460

• 10c · Land, buildings and equipment, net

  beginning of year $14,586,651 · end of year $28,409,994

• 11 · Investments: publicly traded securities

  beginning of year $35,869,679 · end of year $45,209,588

• 15 · Other assets

  beginning of year $2,330,014 · end of year $37,241,012

• 17 · Accounts payable and accrued expenses

  beginning of year $2,625,442 · end of year $3,628,124

• 19 · Deferred revenue

  beginning of year $2,716,767 · end of year $2,206,559

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $49,604,160

• 25 · Other liabilities

  beginning of year $1,040,373 · end of year $557,551

• 27 · Net assets without donor restrictions

  beginning of year $20,654,537 · end of year $27,034,735

• 28 · Net assets with donor restrictions

  beginning of year $91,651,689 · end of year $103,678,235

The filer's explanations (Part III)

PART I, LINE 1A

HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THREE BEDROOM APARTMENT IN ST. LOUIS FOR THE MUSIC DIRECTOR PER WRITTEN EMPLOYMENT CONTRACT. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - LUNCHEON CLUB MEMBERSHIP USED ENTIRELY FOR BUSINESS PURPOSES BY THE PRESIDENT/CHIEF EXECUTIVE OFFICER.

PART I, LINE 3

THE MULTI-YEAR COMPENSATION OF THE TOP MANAGEMENT OFFICIAL (PRESIDENT/CHIEF EXECUTIVE OFFICER) WAS DETERMINED BY THE CHAIR OF THE BOARD OF TRUSTEES AND DISCUSSED WITH MEMBERS OF THE PERSONNEL COMMITTEE OF THE BOARD OF TRUSTEES IN DEVELOPING THE LEVEL OF COMPENSATION. DATA FROM COMPARABLE POSITIONS IN COMPARABLE ORGANIZATIONS WAS CONSIDERED BY THE CHAIR. AN ANNUAL DISCRETIONARY COMPONENT OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY THE CHAIR OF THE BOARD OF TRUSTEES BASED UPON THE ACHIEVEMENT OF ESTABLISHED GOALS AND DISCUSSION WITH MEMBERS OF THE PERSONNEL COMMITTEE.

PART I, LINE 7

AN ANNUAL DISCRETIONARY COMPONENT OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY THE CHAIR OF THE BOARD OF TRUSTEES BASED UPON THE ACHIEVEMENT OF ESTABLISHED GOALS AND DISCUSSION WITH MEMBERS OF THE PERSONNEL COMMITTEE.