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Nonprofiteer
← CHARLOTTE SYMPHONY ORCHESTRA SOCIETY INC

Form 990 for tax year 2022

Filed by CHARLOTTE SYMPHONY ORCHESTRA SOCIETY INC.

Totals

Total revenue
$23,356,040
Total expenses
$12,279,922
Contributions and grants received
$19,343,856
Grants paid
$0
Program service revenue
$3,899,873
Investment income
$104,659
Other revenue
$7,652
Total assets, end of year
$29,596,085
Total liabilities, end of year
$1,875,728
Net assets or fund balances, end of year
$27,720,357
Program services expenses (Part IX)
$9,773,709
Management and general expenses
$1,603,146
Fundraising expenses
$903,067
Program service expenses (Part III)
$9,773,709

Program services were 79.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $1,090,920

  • 1c · Fundraising events

    $425,975

  • 1e · Government grants (contributions)

    $309,271

  • 1f · All other contributions, gifts and grants

    $17,517,690

  • 1g · Noncash contributions included above

    $248,808

  • 2a · Program service revenue: SINGLE TICKET SALES

    total $2,367,445 · related or exempt $2,367,445

  • 2b · Program service revenue: SEASON TICKET SALES

    total $832,024 · related or exempt $832,024

  • 2c · Program service revenue: OTHER FEE CONCERTS

    total $542,314 · related or exempt $542,314

  • 2d · Program service revenue: YOUTH ORCHESTRA

    total $158,090 · related or exempt $158,090

  • 3 · Investment income

    total $104,659 · excluded $104,659

  • 8a · Fundraising events: gross income

    $327,595

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

    $425,975

  • 8b · Fundraising events: direct expenses

    $319,943

  • 8c · Net income from fundraising events

    total $7,652 · excluded $7,652

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $352,078 · program services $235,563 · management and general $116,515

  • 7 · Other salaries and wages

    total $5,736,572 · program services $4,882,367 · management and general $359,876 · fundraising $494,329

  • 8 · Pension plan contributions

    total $288,578 · program services $288,578

  • 9 · Other employee benefits

    total $942,985 · program services $851,246 · management and general $48,749 · fundraising $42,990

  • 10 · Payroll taxes

    total $639,060 · program services $548,516 · management and general $37,209 · fundraising $53,335

  • 11b · Fees: legal

    total $13,709 · management and general $13,709

  • 11c · Fees: accounting

    total $317,451 · management and general $317,451

  • 11e · Fees: professional fundraising services

    total $151,800 · fundraising $151,800

  • 11g · Fees: other

    total $484,383 · program services $212,068 · management and general $262,706 · fundraising $9,609

  • 12 · Advertising and promotion

    total $420,737 · program services $415,884 · fundraising $4,853

  • 13 · Office expenses

    total $244,884 · program services $53,068 · management and general $147,417 · fundraising $44,399

  • 14 · Information technology

    total $123,419 · program services $40,759 · management and general $57,901 · fundraising $24,759

  • 16 · Occupancy

    total $185,378 · program services $5,319 · management and general $180,059

  • 17 · Travel

    total $260,768 · program services $237,787 · management and general $11,244 · fundraising $11,737

  • 22 · Depreciation, depletion and amortization

    total $14,675 · management and general $14,675

  • 23 · Insurance

    total $45,757 · program services $14,455 · management and general $31,302

  • 24a · Other expenses: THEATER COSTS/STAGEHAND

    total $986,566 · program services $986,566

  • 24b · Other expenses: GUEST ARTISTS/CONDUCTOR

    total $831,648 · program services $831,648

  • 24c · Other expenses: INSTRUMENTS & MUSIC

    total $119,843 · program services $119,843

  • 24e · All other expenses

    total $119,631 · program services $50,042 · management and general $4,333 · fundraising $65,256

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $169,817 · end of year $178,905

  • 2 · Savings and temporary cash investments

    beginning of year $1,505,026 · end of year $1,551,134

  • 3 · Pledges and grants receivable

    beginning of year $4,516,561 · end of year $14,422,041

  • 4 · Accounts receivable

    beginning of year $150,014 · end of year $43,147

  • 9 · Prepaid expenses and deferred charges

    beginning of year $122,811 · end of year $244,300

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

    $990,275

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

    $329,699

  • 10c · Land, buildings and equipment, net

    beginning of year $622,434 · end of year $660,576

  • 15 · Other assets

    beginning of year $11,569,604 · end of year $12,495,982

  • 17 · Accounts payable and accrued expenses

    beginning of year $801,869 · end of year $588,109

  • 19 · Deferred revenue

    beginning of year $357,728 · end of year $105,579

  • 23 · Secured mortgages and notes payable

    beginning of year $1,350,000 · end of year $740,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $442,040

  • 27 · Net assets without donor restrictions

    beginning of year $2,107,803 · end of year $451,718

  • 28 · Net assets with donor restrictions

    beginning of year $14,038,867 · end of year $27,268,639

Mission and programs · 2022

Mission

THE CHARLOTTE SYMPHONY UPLIFTS, ENTERTAINS, AND EDUCATES THE DIVERSE COMMUNITIES OF CHARLOTTE-MECKLENBURG AND BEYOND THROUGH EXCEPTIONAL MUSICAL EXPERIENCES. CSO IS COMMITTED TO PROVIDING EXCEPTIONAL MUSICAL EXPERIENCES BOTH ON OUR MAIN STAGES AND OUTSIDE THE CONCERT HALL. CORE PROGRAMMING RUNS SEPTEMBER THROUGH JUNE AND FEATURES CLASSICAL, POPS, FAMILY AND MOVIES IN CONCERT PROGRAMS. IN ADDITION TO MAINSTAGES, THE CSO PERFORMS IN COMMUNITY CENTERS, SCHOOLS, AND SENIOR CARE CENTERS.

Activities or mission (Part I)

THE CHARLOTTE SYMPHONY UPLIFTS, ENTERTAINS, AND EDUCATES THE DIVERSE COMMUNITIES OF CHARLOTTE-MECKLENBURG AND BEYOND THROUGH EXCEPTIONAL MUSICAL EXPERIENCES. REACHING OUT THROUGH THE TRANSFORMATIVE POWER OF LIVE MUSIC, THE CHARLOTTE SYMPHONY WILL BE A CIVIC LEADER, REFLECTING AND UNITING OUR REGION.

  • SYMPHONY PERFORMANCES - LAST YEAR THE CHARLOTTE SYMPHONY DELIVERED 140 PERFORMANCES FOR MORE THAN 130,000 PATRONS. EVENTS ENCOMPASSED A DIVERSE RANGE OF EXPERIENCES, FROM CLASSICAL, POPS, MOVIE, AND FAMILY SERIES CONCERTS TO COLLABORATIONS WITH THE OPERA AND BALLET. ADDITIONALLY, THE SYMPHONY PERFORMED INFORMAL CONCERTS IN LOCAL BREWERIES, COMMUNITY SPACES, AND PARKS; AND PROVIDED EDUCATIONAL CONCERTS FOR THOUSANDS OF CHILDREN.

    Expenses $9,269,308 · Revenue $3,727,833

  • YOUTH ORCHESTRAS - WITH THE BELIEF THAT MAKING MUSIC IS A RIGHT, NOT A PRIVILEGE, WE ACTIVELY NURTURE THE NEXT GENERATION OF MUSICIANS AND MUSIC LOVERS BY SUPPORTING TWO YOUTH ORCHESTRAS FOCUSED ON DUAL GOALS OF EXTRAORDINARY MUSIC EDUCATION AND DIVERSITY, EQUITY AND INCLUSION. WE PROVIDE A NURTURING ENVIRONMENT FOR OUR YOUNG MUSICIANS TO CREATE LASTING BONDS THROUGH MUSIC AND FRIENDSHIP, AND INSTILL THE VALUES OF COMMUNITY SERVICE THROUGH MUSIC.

    Expenses $415,511 · Revenue $109,497

  • COMMUNITY EDUCATION - AN INTENSIVE AFTERSCHOOL YOUTH PROGRAM FOCUSED ON CHARLOTTE'S CHILDREN WITH THE GREATEST NEEDS AND FEWEST RESOURCES, PROJECT HARMONY IS A MUSIC AND LEADERSHIP PROGRAM AIMED AT EXPANDING THE VISION OF WHAT IS POSSIBLE FOR OUR AREA YOUTH. CHILDREN ARE GIVEN FREE INSTRUMENTS, ORCHESTRA ENSEMBLE TRAINING, AND ACADEMIC SUPPORT.

    Expenses $88,890 · Revenue $62,543

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • LINDA FARTHING

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • JOHN WILLIAMS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • RICHARD KRUMDIECK

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL ANKROM

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • MANNY CLARK

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • JOYE BLOUNT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • THOMAS BURGE

    DIRECTOR (THRU 10/2022)

    Total calculated
    $0
    Hours/week
    1

  • MIKE BUTTERWORTH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NICK CLEMENTS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CATHERINE CONNOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARY DELK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DENISE DEMAIO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALEX MCKINNON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ULRIKE MILES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROBERT RYDEL

    DIRECTOR (THRU 4/2023)

    Total calculated
    $0
    Hours/week
    1

  • YLIDA SCOTT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MELINDA SNYDER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER SULLIVAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JENNY TOLSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JENNY TOPILOW

    DIRECTOR

    Total calculated
    $53,236
    From this org
    $47,809
    From related orgs
    $0
    Other
    $5,427
    Hours/week
    1

  • KEVIN WALKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SHANTE WILLIAMS

    DIRECTOR (THRU 12/2022)

    Total calculated
    $0
    Hours/week
    1

  • DAVID FISK

    PRESIDENT & CEO

    Total calculated
    $262,719
    From this org
    $251,498
    From related orgs
    $0
    Other
    $11,221
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $231,498
    Bonus
    $20,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $11,221
    Filer's total
    $262,719

  • CALIN LUPANU

    CONCERTMASTER

    Total calculated
    $128,886
    From this org
    $116,165
    From related orgs
    $0
    Other
    $12,721
    Hours/week
    40

  • LESLIE ANTONIEL

    DIRECTOR OF DONOR ENGAGEMENT

    Total calculated
    $109,015
    From this org
    $106,464
    From related orgs
    $0
    Other
    $2,551
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
2 April 2024
IRS schema version
2022v5.0
Source object
202440939349301254

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