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Nonprofiteer
← DALLAS SYMPHONY ASSOCIATION INC

Form 990 for tax year 2023

Filed by DALLAS SYMPHONY ASSOCIATION INC.

Totals

Total revenue
$41,616,612
Total expenses
$48,972,080
Contributions and grants received
$12,594,826
Grants paid
$0
Program service revenue
$11,668,070
Investment income
$446
Other revenue
$17,353,270
Total assets, end of year
$32,564,587
Total liabilities, end of year
$26,064,664
Net assets or fund balances, end of year
$6,499,923
Program services expenses (Part IX)
$40,346,989
Management and general expenses
$4,435,499
Fundraising expenses
$4,189,592
Program service expenses (Part III)
$40,346,989

Program services were 82.4% 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.

  • 1e · Government grants (contributions)

    $176,500

  • 1f · All other contributions, gifts and grants

    $12,418,326

  • 1g · Noncash contributions included above

    $902,904

  • 2a · Program service revenue: CONCERT TICKET SALES AND FEES

    total $10,629,064 · related or exempt $10,629,064

  • 2b · Program service revenue: OTHER EARNED INCOME

    total $1,039,006 · related or exempt $1,039,006

  • 3 · Investment income

    total $446 · related or exempt $446

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $302,123 · personal property $617,187

  • 6b · Less rental expenses

    personal property $381,803

  • 6c · Rental income or loss

    real property $302,123 · personal property $235,384

  • 6d · Net rental income or loss

    total $537,507 · related or exempt $477,652 · unrelated business $59,855

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $1,270,821

  • 8b · Fundraising events: direct expenses

    $55,745

  • 8c · Net income from fundraising events

    total $1,215,076

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $165,719

  • 10b · Cost of goods sold

    $78,167

  • 10c · Net income from sales of inventory

    total $87,552 · related or exempt $58,240 · unrelated business $29,312

  • 11a · Other revenue: DISR FROM DALYSM FDN

    total $15,066,757 · related or exempt $15,066,757

  • 11b · Other revenue: NET INVESTMENT INCOME

    total $434,723 · related or exempt $434,723

  • 11c · Other revenue: ADVERTISING REVENUE

    total $11,655 · related or exempt $11,655

  • 11e · Other revenue, total

    $15,513,135

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $3,906,090 · program services $3,449,991 · management and general $194,709 · fundraising $261,390

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $20,151,151 · program services $17,798,177 · management and general $1,004,486 · fundraising $1,348,488

  • 8 · Pension plan contributions

    total $1,539,397 · program services $1,359,648 · management and general $76,735 · fundraising $103,014

  • 9 · Other employee benefits

    total $3,193,722 · program services $2,820,803 · management and general $159,199 · fundraising $213,720

  • 10 · Payroll taxes

    total $1,497,133 · program services $1,322,316 · management and general $74,628 · fundraising $100,189

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $86,497 · program services $11,988 · management and general $28,590 · fundraising $45,919

  • 11c · Fees: accounting

    total $48,275 · management and general $48,275

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $199,977 · fundraising $199,977

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $32,305 · program services $13,400 · management and general $18,905

  • 12 · Advertising and promotion

    total $1,434,715 · program services $1,434,715

  • 13 · Office expenses

    total $761,617 · program services $374,883 · management and general $147,129 · fundraising $239,605

  • 14 · Information technology

    total $708,699 · program services $334,949 · management and general $227,521 · fundraising $146,229

  • 15 · Royalties

    total $125,758 · program services $125,758

  • 16 · Occupancy

    total $4,493,449 · program services $4,157,167 · management and general $142,744 · fundraising $193,538

  • 17 · Travel

    total $599,997 · program services $441,709 · management and general $103,270 · fundraising $55,018

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $109,802 · program services $56,629 · management and general $24,014 · fundraising $29,159

  • 20 · Interest

    total $657,439 · management and general $657,439

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $788,885 · program services $266,940 · management and general $476,401 · fundraising $45,544

  • 23 · Insurance

    total $521,197 · program services $146,366 · management and general $374,831

  • 24a · Other expenses: GUEST ARTIST FEES

    total $3,780,407 · program services $3,780,407

  • 24b · Other expenses: MISC EXPENSE

    total $1,407,381 · program services $1,091,588 · management and general $274,463 · fundraising $41,330

  • 24c · Other expenses: OTHER PRODUCTION EXPENSES

    total $283,579 · program services $283,579

  • 24d · Other expenses: ALL OTHER EXPENSES

    total $2,644,608 · program services $1,075,976 · management and general $402,160 · fundraising $1,166,472

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $3,076,638 · end of year $4,053,704

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $11,832,113 · end of year $7,199,281

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $83,281 · end of year $89,193

  • 9 · Prepaid expenses and deferred charges

    beginning of year $682,843 · end of year $2,859,200

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

    $21,443,509

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

    $12,152,940

  • 10c · Land, buildings and equipment, net

    beginning of year $8,339,300 · end of year $9,290,569

  • 11 · Investments: publicly traded securities

    beginning of year $8,069,145 · end of year $9,072,640

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,832,594 · end of year $4,046,949

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $2,577,984 · end of year $2,844,897

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $11,008,801 · end of year $13,917,731

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,222,466 · end of year $5,255,087

  • 27 · Net assets without donor restrictions

    beginning of year -$3,235,262 · end of year -$4,633,572

  • 28 · Net assets with donor restrictions

    beginning of year $14,676,737 · end of year $11,133,495

Mission and programs · 2023

Mission

TO INSPIRE AND CHANGE LIVES THROUGH MUSICAL EXCELLENCE.

  • The Dallas Symphony Orchestra's mission statement is to inspire and change lives through musical excellence. It strives to be a key catalyst in making Dallas a world-class city and major cultural center with the DSO as a landmark. The DSO is ranked among the top American orchestras. The classical series, pops series and numerous events highlighting diversity in the city, along with youth concerts, number over 165 performances each year. As a community partner, the Dallas Symphony Orchestra sponsors the following programs: Community Connections (Free tickets distributed by social service agencies), Youth Strings (provides free instruments and music lessons to students), Young Musicians (provides free instruments and lessons for students at Dallas ISD sites across southern Dallas), Symphony Yes (provides musician ensembles to perform in area schools), DSO Kids (educational website for children and teachers), and MY DSO Concert (free concert for adults and children with autism and developmental disabilities). The Dallas Symphony Orchestra is a community of passionate music lovers making more music lovers.

    Expenses $40,346,989 · Revenue $11,668,070

As filed on the 2023 return.

Listed in Part VII

  • Kim Noltemy

    PRESIDENT & CEO

    Total calculated
    $796,491
    From this org
    $765,680
    From related orgs
    $0
    Other
    $30,811
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $509,096
    Bonus
    $190,000
    Other
    $66,584
    Deferred
    $16,500
    Nontaxable benefits
    $15,533
    Filer's total
    $797,713

  • Alex Kerr

    MUSICIAN

    Total calculated
    $486,194
    From this org
    $470,757
    From related orgs
    $0
    Other
    $15,437
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $407,435
    Bonus
    not reported
    Other
    $63,322
    Deferred
    $11,537
    Nontaxable benefits
    $4,588
    Filer's total
    $486,882

  • Scott Walzel

    MUSICIAN/CONS. FOR COMM.DEV.

    Total calculated
    $352,255
    From this org
    $308,889
    From related orgs
    $0
    Other
    $43,366
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,576
    Bonus
    not reported
    Other
    $168,313
    Deferred
    $11,513
    Nontaxable benefits
    $33,104
    Filer's total
    $353,506

  • Andrew Cameron

    CFO thru 12/31/2023

    Total calculated
    $329,440
    From this org
    $290,276
    From related orgs
    $0
    Other
    $39,164
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $191,644
    Bonus
    $50,000
    Other
    $48,632
    Deferred
    $15,135
    Nontaxable benefits
    $25,161
    Filer's total
    $330,572

  • Terry Loftis

    Chief Advancement& Rev Officer

    Total calculated
    $281,428
    From this org
    $259,031
    From related orgs
    $0
    Other
    $22,397
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $230,537
    Bonus
    $10,000
    Other
    $18,494
    Deferred
    $10,568
    Nontaxable benefits
    $12,627
    Filer's total
    $282,226

  • Debra Pena

    CHIEF ADMINISTRATIVE OFFICER

    Total calculated
    $268,253
    From this org
    $227,460
    From related orgs
    $0
    Other
    $40,793
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,238
    Bonus
    $20,000
    Other
    $7,222
    Deferred
    $16,804
    Nontaxable benefits
    $25,121
    Filer's total
    $269,385

  • Nathan Olson

    MUSICIAN

    Total calculated
    $231,976
    From this org
    $209,493
    From related orgs
    $0
    Other
    $22,483
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $183,048
    Bonus
    not reported
    Other
    $26,445
    Deferred
    $11,122
    Nontaxable benefits
    $12,049
    Filer's total
    $232,664

  • Chris Adkins

    MUSICIAN

    Total calculated
    $230,322
    From this org
    $195,548
    From related orgs
    $0
    Other
    $34,774
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $195,548
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,244
    Nontaxable benefits
    $24,454
    Filer's total
    $231,246

  • Erin Hannigan

    MUSICIAN

    Total calculated
    $222,816
    From this org
    $197,972
    From related orgs
    $0
    Other
    $24,844
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $167,972
    Bonus
    not reported
    Other
    $30,000
    Deferred
    $11,533
    Nontaxable benefits
    $14,049
    Filer's total
    $223,554

  • Katie McGuinness

    CHIEF ARTISTIC OFFICER

    Total calculated
    $213,016
    From this org
    $202,900
    From related orgs
    $0
    Other
    $10,116
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,572
    Bonus
    $5,000
    Other
    $12,328
    Deferred
    $8,116
    Nontaxable benefits
    $2,454
    Filer's total
    $213,470

  • Glyne Griffith

    VP of DEI

    Total calculated
    $193,516
    From this org
    $185,335
    From related orgs
    $0
    Other
    $8,181
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,007
    Bonus
    $5,000
    Other
    $4,328
    Deferred
    $6,181
    Nontaxable benefits
    $2,486
    Filer's total
    $194,002

  • Denise McGovern

    VP OF COMMUNICATIONS AND MEDIA

    Total calculated
    $167,521
    From this org
    $132,768
    From related orgs
    $0
    Other
    $34,753
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $105,939
    Bonus
    $5,000
    Other
    $21,829
    Deferred
    $7,276
    Nontaxable benefits
    $29,040
    Filer's total
    $169,084

  • NATHAN LUTZ to 4524

    VP of ORCHESTRA OPER. & EDU

    Total calculated
    $164,922
    From this org
    $142,751
    From related orgs
    $0
    Other
    $22,171
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,179
    Bonus
    $5,000
    Other
    $11,572
    Deferred
    $5,067
    Nontaxable benefits
    $18,069
    Filer's total
    $165,887

  • Melissa Rutledge

    CFO

    Total calculated
    $14,423
    From this org
    $14,423
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Directors- see attached

    Directors

    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

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 3 · 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

The filer's explanations (Part III)

Part 1, Line 1a Explanation - Housing Allowance
Board approved housing allowance for president & CEO included in taxable compensation

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
2023
Filed
11 April 2025
IRS schema version
2023v6.0
Source object
202501049349301030

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