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Nonprofiteer
← SAINT PAUL CHAMBER ORCHESTRA SOCIETY

Form 990 for tax year 2024

Filed by SAINT PAUL CHAMBER ORCHESTRA SOCIETY.

Totals

Total revenue
$15,904,387
Total expenses
$11,285,099
Contributions and grants received
$10,365,922
Grants paid
$0
Program service revenue
$1,880,677
Investment income
$3,663,608
Other revenue
-$5,820
Total assets, end of year
$74,504,984
Total liabilities, end of year
$2,385,880
Net assets or fund balances, end of year
$72,119,104
Program services expenses (Part IX)
$8,318,599
Management and general expenses
$1,765,304
Fundraising expenses
$1,201,196
Program service expenses (Part III)
$8,318,599

Program services were 73.7% 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.

  • 1c · Fundraising events

    $176,476

  • 1d · Related organizations

    $864,153

  • 1e · Government grants (contributions)

    $524,671

  • 1f · All other contributions, gifts and grants

    $8,800,622

  • 1g · Noncash contributions included above

    $3,828,890

  • 2a · Program service revenue: Ticket Fee Revenue

    total $1,605,268 · related or exempt $1,605,268

  • 2b · Program service revenue: Contracted Services

    total $221,113 · related or exempt $221,113

  • 2f · All other program service revenue

    total $54,296 · related or exempt $54,296

  • 3 · Investment income

    total $1,355,325 · unrelated business $12,795 · excluded $1,342,530

  • 5 · Royalties

    total $3,838 · excluded $3,838

  • 7a · Gross sales of assets other than inventory

    securities $3,935,864 · other assets $186

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

    securities $1,627,767 · other assets $0

  • 7c · Gain or loss

    securities $2,308,097 · other assets $186

  • 7d · Net gain or loss

    total $2,308,283 · excluded $2,308,283

  • 8a · Fundraising events: gross income

    $16,225

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

    $176,476

  • 8b · Fundraising events: direct expenses

    $25,883

  • 8c · Net income from fundraising events

    total -$9,658 · excluded -$9,658

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $930,345 · program services $492,007 · management and general $255,189 · fundraising $183,149

  • 7 · Other salaries and wages

    total $5,419,950 · program services $4,382,136 · management and general $494,254 · fundraising $543,560

  • 8 · Pension plan contributions

    total $362,715 · program services $289,216 · management and general $35,407 · fundraising $38,092

  • 9 · Other employee benefits

    total $458,148 · program services $338,623 · management and general $53,755 · fundraising $65,770

  • 10 · Payroll taxes

    total $448,594 · program services $346,037 · management and general $51,525 · fundraising $51,032

  • 11b · Fees: legal

    total $124,501 · management and general $124,501

  • 11c · Fees: accounting

    total $56,915 · management and general $56,915

  • 11f · Fees: investment management

    total $161,793 · management and general $161,793

  • 11g · Fees: other

    total $258,205 · program services $114,683 · management and general $99,667 · fundraising $43,855

  • 12 · Advertising and promotion

    total $41,198 · program services $41,198

  • 13 · Office expenses

    total $351,502 · program services $239,817 · management and general $43,616 · fundraising $68,069

  • 14 · Information technology

    total $341,303 · program services $223,936 · management and general $53,466 · fundraising $63,901

  • 16 · Occupancy

    total $179,478 · program services $12,654 · management and general $165,926 · fundraising $898

  • 17 · Travel

    total $181,812 · program services $144,780 · management and general $20,482 · fundraising $16,550

  • 19 · Conferences, conventions and meetings

    total $7,604 · program services $1,954 · management and general $346 · fundraising $5,304

  • 22 · Depreciation, depletion and amortization

    total $79,256 · program services $59,150 · management and general $8,765 · fundraising $11,341

  • 23 · Insurance

    total $100,492 · program services $40,963 · management and general $43,752 · fundraising $15,777

  • 24a · Other expenses: Concert/Production Expe

    total $1,567,226 · program services $1,567,226

  • 24b · Other expenses: Other Investment Expens

    total $87,612 · management and general $87,612

  • 24e · All other expenses

    total $126,450 · program services $24,219 · management and general $8,333 · fundraising $93,898

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $4,814,845 · end of year $3,319,036

  • 3 · Pledges and grants receivable

    beginning of year $785,275 · end of year $1,220,605

  • 4 · Accounts receivable

    beginning of year $64,471 · end of year $111,337

  • 9 · Prepaid expenses and deferred charges

    beginning of year $232,139 · end of year $186,409

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

    $2,519,645

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

    $1,628,307

  • 10c · Land, buildings and equipment, net

    beginning of year $315,585 · end of year $891,338

  • 11 · Investments: publicly traded securities

    beginning of year $47,147,529 · end of year $56,812,594

  • 12 · Investments: other securities

    beginning of year $10,697,556 · end of year $10,292,331

  • 15 · Other assets

    beginning of year $1,118,821 · end of year $1,671,334

  • 17 · Accounts payable and accrued expenses

    beginning of year $455,939 · end of year $472,623

  • 19 · Deferred revenue

    beginning of year $809,102 · end of year $803,877

  • 25 · Other liabilities

    beginning of year $206,726 · end of year $1,109,380

  • 27 · Net assets without donor restrictions

    beginning of year $10,655,061 · end of year $10,639,665

  • 28 · Net assets with donor restrictions

    beginning of year $53,049,393 · end of year $61,479,439

Mission and programs · 2024

Mission

To enrich the Twin Cities community by sharing distinctive and engaging chamber orchestra performances. We are committed to inclusivity and strive to provide all people in our community with opportunities to connect with our music.

Activities or mission (Part I)

To enrich the Twin Cities by sharing distinctive and engaging chamber orchestra performances.

  • Organization Summary:Founded in 1959, the Grammy Award-winning Saint Paul Chamber Orchestra (SPCO) is renowned for its artistic excellence, remarkable versatility of musical styles and adventurous programming. SPCO concerts are primarily musician-led and include a broad range of repertoire, from Baroque works to new music, in close collaboration with a dynamic roster of internationally acclaimed Artistic Partners. Through a distinctive musician-led artistic model, SPCO musicians lead and develop the orchestra's programming, determine members and choose artistic collaborators. (Continued on Sch. O)

    Expenses $8,318,599 · Revenue $1,880,677

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jon Limbacher

    President & Managing Director

    Total calculated
    $328,467
    From this org
    $284,121
    From related orgs
    $0
    Other
    $44,346
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $284,121
    Bonus
    $0
    Other
    $0
    Deferred
    $16,191
    Nontaxable benefits
    $28,317
    Filer's total
    $328,629
  • Steven Copes

    Musician

    Total calculated
    $261,039
    From this org
    $214,656
    From related orgs
    $0
    Other
    $46,383
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $202,156
    Bonus
    $12,500
    Other
    $0
    Deferred
    $20,340
    Nontaxable benefits
    $26,205
    Filer's total
    $261,201
  • Kyu-Young Kim

    Musician

    Total calculated
    $256,223
    From this org
    $247,436
    From related orgs
    $0
    Other
    $8,787
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $234,936
    Bonus
    $12,500
    Other
    $0
    Deferred
    $8,638
    Nontaxable benefits
    $311
    Filer's total
    $256,385
  • Julie Albers

    Musician

    Total calculated
    $187,261
    From this org
    $145,992
    From related orgs
    $0
    Other
    $41,269
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $133,492
    Bonus
    $12,500
    Other
    $0
    Deferred
    $11,276
    Nontaxable benefits
    $30,155
    Filer's total
    $187,423
  • Elizabeth Olson

    Chief Financial Officer

    Total calculated
    $163,021
    From this org
    $134,266
    From related orgs
    $0
    Other
    $28,755
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $134,266
    Bonus
    $0
    Other
    $0
    Deferred
    $7,606
    Nontaxable benefits
    $21,271
    Filer's total
    $163,143
  • Cassie Pilgrim

    Musician

    Total calculated
    $149,559
    From this org
    $133,107
    From related orgs
    $0
    Other
    $16,452
    Hours/week
    30
  • Jennifer Muenchow

    Chief People Officer

    Total calculated
    $144,954
    From this org
    $126,392
    From related orgs
    $0
    Other
    $18,562
    Hours/week
    40
  • Andrew Brady AVC rep

    Ex-Officio Director/Musician

    Total calculated
    $144,377
    From this org
    $124,056
    From related orgs
    $0
    Other
    $20,321
    Hours/week
    30
  • Matthew Wilson

    Ex-Officio Director/Musician

    Total calculated
    $128,720
    From this org
    $95,681
    From related orgs
    $0
    Other
    $33,039
    Hours/week
    30
  • Nina Fan OC rep

    Ex-Officio Director/Musician

    Total calculated
    $114,091
    From this org
    $95,215
    From related orgs
    $0
    Other
    $18,876
    Hours/week
    30
  • Ann Huntrods-Board Chair Elect

    (Until 12/2024)/Chair (Beg 12/2024)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Deborah Palmer-Chair Until

    12/2024)/Director (Beg 12/2024)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Justin Windschitl-Director

    (Until 12/24)/Treasurer (Beg 12/24)

    Total calculated
    $0
    Hours/week
    1
  • David Rosedahl

    Treasurer (Until 12/2024)

    Total calculated
    $0
    Hours/week
    1
  • Randy Kroll-Director Until

    12/2024)/Secretary (Beg 12/2024)

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Willis-Secretary

    (Until 12/24)/Director (Beg 12/24)

    Total calculated
    $0
    Hours/week
    1
  • AJ Huss Jr

    Chair Emeritus, Ex-Officio

    Total calculated
    $0
    Hours/week
    1
  • Doug Affinito

    Director

    Total calculated
    $0
    Hours/week
    1
  • Catherine Allan

    Director

    Total calculated
    $0
    Hours/week
    1
  • Nina Archabal

    Director

    Total calculated
    $0
    Hours/week
    1
  • Dan Avchen

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jo Bailey

    Director

    Total calculated
    $0
    Hours/week
    1
  • Inez Bergquist

    Ex-Officio Director

    Total calculated
    $0
    Hours/week
    1
  • Theresa Bevilacqua

    Director

    Total calculated
    $0
    Hours/week
    1
  • Arnie Brier

    Director

    Total calculated
    $0
    Hours/week
    1
  • Chris Brown

    Director

    Total calculated
    $0
    Hours/week
    1
  • Anne Cheney

    Director

    Total calculated
    $0
    Hours/week
    1
  • Becky Debertin

    Director

    Total calculated
    $0
    Hours/week
    1
  • Louis Epstein

    Director

    Total calculated
    $0
    Hours/week
    1
  • Victor de Meireles

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jason Max Ferdinand

    Director

    Total calculated
    $0
    Hours/week
    1
  • Judith Garcia Galiana

    Director

    Total calculated
    $0
    Hours/week
    1
  • Keith Halperin

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jim Johnson

    Director

    Total calculated
    $0
    Hours/week
    1
  • Arthur Klebanov

    Director

    Total calculated
    $0
    Hours/week
    1
  • Craig Lemming

    Director

    Total calculated
    $0
    Hours/week
    1
  • Peg Lindlof GM ex officio

    Ex-Officio Director

    Total calculated
    $0
    Hours/week
    1
  • Steve Mahle

    Director

    Total calculated
    $0
    Hours/week
    1
  • Rob Mairs

    Director

    Total calculated
    $0
    Hours/week
    1
  • Dave Moore

    Director

    Total calculated
    $0
    Hours/week
    1
  • Bondo Nyembwe

    Director

    Total calculated
    $0
    Hours/week
    1
  • Bob Olafson

    Director

    Total calculated
    $0
    Hours/week
    1
  • Peter Remes

    Director

    Total calculated
    $0
    Hours/week
    1
  • John Riehle GM ex officio

    Ex-Officio Director

    Total calculated
    $0
    Hours/week
    1
  • Ann Rogotzke

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jack Rossmann

    Director

    Total calculated
    $0
    Hours/week
    1
  • Kathy Schubert

    Director

    Total calculated
    $0
    Hours/week
    1
  • Andrew Selden

    Director

    Total calculated
    $0
    Hours/week
    1
  • Joe Tashjian

    Director

    Total calculated
    $0
    Hours/week
    1
  • Paul Vargo

    Director

    Total calculated
    $0
    Hours/week
    1
  • Linda Foreman

    Director (Beg 11/2024)

    Total calculated
    $0
    Hours/week
    1
  • Donna Petersen

    Director (Beg 05/2025)

    Total calculated
    $0
    Hours/week
    1
  • Lori Sommerfield

    Director (Beg 11/24)

    Total calculated
    $0
    Hours/week
    1
  • Sheldon Damberg

    Director (Until 12/2024)

    Total calculated
    $0
    Hours/week
    1
  • Bonnie Grzeskowiak

    Director (Until 12/2024)

    Total calculated
    $0
    Hours/week
    1
  • Bob Lee

    Director (Until 09/2024)

    Total calculated
    $0
    Hours/week
    1
  • Marja Lutsep

    Director (Until 12/2024)

    Total calculated
    $0
    Hours/week
    1
  • James Smith

    Director (Until 05/25)

    Total calculated
    $0
    Hours/week
    1

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
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 7
Steven Copes, Kyu-Young Kim, Julie Albers, Andrew Brady, Matthew Wilson, and Nina Fan, along with all musicians in the organization, received a contract ratification bonus on settlement of their most recent collective bargaining agreement.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
1 April 2026
IRS schema version
2024v5.5
Source object
202610969349300526

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