2024-05-15T13:50:42-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 1785 INDIAN WOOD CIRCLE MAUMEE OH 43537 990 2022-07-01 344005365 TOLEDO ALLIANCE FOR THE PERFORMING ARTS TOLE 4192411272 1838 PARKWOOD AVENUE TOLEDO OH 43604 ZACHARY VASSAR PRESIDENT 4192411272 2024-05-15 1 ZACHARY VASSAR 999009999 0 JONATHAN RICHARDS P01311831 4197942000 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ZACHARY VASSAR 1838 PARKWOOD AVENUE TOLEDO OH 43604 12982615 0 X WWW.TOLEDOSYMPHONY.COM X 1951 OH THE TOLEDO ALLIANCE FOR THE PERFORMING ARTS EXISTS TO SUSTAIN A WORKING COMMUNITY OF PERFORMING ARTISTS IN OUR AREA WHO PERPETUATE THE EXPERIENCE OF SUPERB MUSICAL AND DANCE PERFORMANCES AND EDUCATION FOR ALL PEOPLE. 62 62 317 90 0 0 4675988 3610216 1730970 2089597 569301 4109790 130556 136215 7106815 9945818 79203 94093 0 0 5220790 5434137 0 0 430832 2131373 2439783 7431366 7968013 -324551 1977805 21510978 21458232 879200 1092852 20631778 20365380 X THE TOLEDO ALLIANCE FOR THE PERFORMING ARTS EXISTS TO SUSTAIN A WORKING COMMUNITY OF PERFORMING ARTISTS IN OUR AREA WHO PERPETUATE THE EXPERIENCE OF SUPERB MUSICAL AND DANCE PERFORMANCES AND EDUCATION FOR ALL PEOPLE. 0 0 6466089 94093 2226725 THE 2022-2023 SEASON SHOWCASED THE RESILIENCY OF THE TOLEDO ALLIANCE FOR THE PERFORMING ARTS (TAPA). THE TOLEDO SYMPHONY CELEBRATED CONDUCTOR ALAIN TRUDEL'S FIFTH SEASON WITH SOME OF THE GREATEST FIFTH SYMPHONIES, INCLUDING THOSE BY BEETHOVEN AND SHOSTAKOVICH. THE ORCHESTRA FILLED OVER A DOZEN VACANCIES, ADDING NEW PERSONNEL AND TALENT TO THE 79-YEAR-OLD ENSEMBLE. THE TOLEDO BALLET WELCOMED NEW ARTISTIC DIRECTOR ERIC OTTO AND CELEBRATED RECORD-BREAKING TICKET SALES FOR TCHAIKOVSKY'S NUTCRACKER AND PROKOFIEV'S CINDERELLA. THIS SEASON SAW A NEW, HIGHLY SUCCESSFUL PARTNERSHIP WITH THE TOLEDO JAZZ ORCHESTRA (TJO) IN WHICH THE TJO SAW SOME OF THE HIGHEST-ATTEND CONCERTS IN ITS HISTORY. THIS SEASON ALSO REESTABLISHED CHORAL INITIATIVES, INCLUDING PERFORMANCES OF HANDEL'S MESSIAH, PUCCINI'S MESSA DI GLORIA, AND MAHLER'S THIRD SYMPHONY. IN MAY, CELLIST YO-YO MA JOINED THE TOLEDO SYMPHONY IN A RECORD-SETTING, SOLD-OUT, HIGHLY ANTICIPATED PERFORMANCE OF ELGAR'S CELLO CONCERTO. THE 2022-23 SEASON REPRESENTED A RETURN TO PRE-PANDEMIC AUDIENCES AND REPERTOIRE, PAVING THE WAY FOR CONTINUED GROWTH. 6466089 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 72 0 317 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 62 62 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 OH X X RANDI DIER 4194180035 1838 PARKWOOD AVE TOLEDO OH 43604 PAM HERSHBERGER TRUSTEE 1.00 X 0 0 0 PATRICK BOWE PAST CHAIR 1.00 X X 0 0 0 FRANK JACOBS TRUSTEE 1.00 X 0 0 0 ELAINE CANNING TREASURER 1.00 X X 0 0 0 RICHARD A KARCHER TRUSTEE 1.00 X 0 0 0 HARLEY KRIPKE TRUSTEE 1.00 X 0 0 0 C ALLEN MCCONNEL TRUSTEE 1.00 X 0 0 0 WILLIAM R MCDONNELL TRUSTEE 1.00 X 0 0 0 JONATHAN ORSER TRUSTEE 1.00 X 0 0 0 MARNA RAMNATH VICE -CHAIR 1.00 X X 0 0 0 RONALD RYBARCZYK TRUSTEE 1.00 X 0 0 0 SHARON S SPEYER TRUSTEE 1.00 X 0 0 0 CHARLES STOCKING TRUSTEE 1.00 X 0 0 0 JOHN S SZUCH TRUSTEE 1.00 X 0 0 0 MICHAEL H THAMAN TRUSTEE 1.00 X 0 0 0 LOUIS E TOSI TRUSTEE 1.00 X 0 0 0 STEVEN M CAVANAUGH BOARD CHAIR 1.00 X X 0 0 0 JENNIFER COY TRUSTEE 1.00 X 0 0 0 MELISSA FREEMAN TRUSTEE 1.00 X 0 0 0 WILLIAM B MATHIS TRUSTEE 1.00 X 0 0 0 JOSEPH SFERRA TRUSTEE 1.00 X 0 0 0 JAMES ADAMS TRUSTEE 1.00 X 0 0 0 SUSAN CONDA TRUSTEE 1.00 X 0 0 0 SAGA SHOFFNER TRUSTEE 1.00 X 0 0 0 REBECCA SHOPE TRUSTEE 1.00 X 0 0 0 OLIVIA SUMMONS TRUSTEE 1.00 X 0 0 0 DEANNE GORUN BAKER TRUSTEE 1.00 X 0 0 0 JENNY COLUCCIO TRUSTEE 1.00 X 0 0 0 KATHLEEN DAVIS TRUSTEE 1.00 X 0 0 0 JEANNE DEWITT TRUSTEE 1.00 X 0 0 0 MICHAEL ELLISON TRUSTEE 1.00 X 0 0 0 KIMBERLY HOWARD SECRETARY 1.00 X X 0 0 0 MO SHEAHAN TRUSTEE 1.00 X 0 0 0 TRACI WATKINS MD TRUSTEE 1.00 X 0 0 0 DAVE WHITE JR TRUSTEE 1.00 X 0 0 0 JOHN H BURSON TRUSTEE 1.00 X 0 0 0 SAMUEL CHANG TRUSTEE 1.00 X 0 0 0 JOSH COOPER TRUSTEE 1.00 X 0 0 0 TODD FISTER TRUSTEE 1.00 X 0 0 0 JOEL JERGER TRUSTEE 1.00 X 0 0 0 MICHAEL MCCULLOUGH TRUSTEE 1.00 X 0 0 0 MATTHEW MCQUEEN TRUSTEE 1.00 X 0 0 0 JOHN REYNOLDS TRUSTEE 1.00 X 0 0 0 CLARENCE R SMITH JR TRUSTEE 1.00 X 0 0 0 SARAH SMITH TRUSTEE 1.00 X 0 0 0 PAM BARD STEEL TRUSTEE 1.00 X 0 0 0 DESMOND L STROOH TRUSTEE 1.00 X 0 0 0 DAVID TIGHE TRUSTEE 1.00 X 0 0 0 MARLENE UHLER TRUSTEE 1.00 X 0 0 0 JULIE WAIDELICH-ROBERTS TRUSTEE 1.00 X 0 0 0 LANCE WOODWORTH TRUSTEE 1.00 X 0 0 0 BENNETT ROMANOFF MD TRUSTEE 1.00 X 0 0 0 ZACHARY VASSAR PRESIDENT & CEO 60.00 X X 197295 0 16490 FLOYD AKINS TRUSTEE 1.00 X 0 0 0 CHRIS BOURELL TRUSTEE 1.00 X 0 0 0 LAUREN GRAHAM BOURELL TRUSTEE 1.00 X 0 0 0 JUDY GORUN TRUSTEE 1.00 X 0 0 0 RENEE GOUBEAUX TRUSTEE 1.00 X 0 0 0 JODI GRAHAM TRUSTEE 1.00 X 0 0 0 TEANYA NORWOOD-KWEENA TRUSTEE 1.00 X 0 0 0 SHELLI JACOBS TRUSTEE 1.00 X 0 0 0 JANE WURTH TRUSTEE 1.00 X 0 0 0 RANDI DIER VP FINANCE 40.00 X 78456 0 6982 BRETT LONEY VP DEVELOPMENT 50.00 X 169706 0 17876 445457 0 41348 2 0 1 0 PRODUCTIONS ALAIN TRUDEL 7081 RUE MARQUETTE MONTREAL QUEBEC CA H2E 2C6 CONDUCTOR 232000 1 6110 17011 168072 3419023 3610216 TICKET SALES 711300 1614281 1614281 TUITION AND EDUCATION 711300 475316 475316 2089597 484041 484041 6653183 3027434 3625749 3625749 3625749 8450 17011 9363 -913 -913 OTHER REVENUE 900099 114655 114655 NET PROFESSIONAL SERVICE FEE 900099 22473 22473 137128 9945818 2226725 0 4108877 94093 94093 435873 52713 201563 181597 4257225 3943821 229353 84051 24664 22612 2052 403522 379637 10512 13373 312853 268092 28083 16678 39508 39508 220186 140065 80121 219699 219699 82695 6881 38236 37578 11161 11161 430699 260618 170081 93733 79953 13780 3378 3378 97034 82952 14082 38114 17750 20364 GUEST ARTISTS 506521 506521 OTHER 262114 90395 128659 43060 TICKETING 174573 174573 EQUIPMENT RENTAL AND RE 93752 71302 22450 166616 126203 40413 7968013 6466089 1071092 430832 1272566 388110 2672185 1741987 466186 750575 287482 271413 73874 131371 2126452 1840910 338130 285542 16159600 17478191 240955 411043 21510978 21458232 352840 406736 526360 537431 0 148685 879200 1092852 X 11606225 10138448 9025553 10226932 20631778 20365380 21510978 21458232 1977805 -2244203 0 X 0 1 X 1 0 X 2879836 3501425 5061040 4675988 3610216 19728505 2879836 3501425 5061040 4675988 3610216 19728505 1299099 18429406 423888 467663 359945 351433 484041 2086970 22557 7521 17133 18662 -913 64960 12298 116534 83322 118627 137128 467909 22348344 0.82460 0.84320 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2018 AMOUNT: $ 12,298. 2019 AMOUNT: $ 116,534. 2020 AMOUNT: $ 83,322. 2021 AMOUNT: $ 118,627. 2022 AMOUNT: $ 137,128. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18245105 256125 1739719 1581700 37635 18621614 20784043 389836 -2052332 865986 10456 18245105 16507094 1416322 4637552 785682 38441 21736845 17359691 50968 493794 1361708 35651 16507094 18231044 55147 1054752 1943284 37968 17359691 0.52000 0.46000 0.02000 0 0 75111 60126 14985 1271676 1068192 203484 779665 712592 67073 285542 FINANCING LEASE LIABILITY 11109 OPERATING LEASE LIABILITY 137576 148685 X 7627560 -2244203 -2244203 9871763 39508 34547 74055 9945818 7893958 0 7893958 39508 34547 74055 7968013 PART V, LINE 4: TO PROVIDE LONG-TERM OPERATING STABILITY TO THE EXEMPT ORGANIZATION IN ORDER TO PRESERVE THE MUSICAL ASSET. PART X, LINE 2: TAPA IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM SIMILAR STATE AND LOCAL TAXES. CONSEQUENTLY, NO PROVISION FOR INCOME TAX IS REQUIRED. TAPA DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: MEMBERSHIP DUES 6,110. SCHOLARSHIPS 28,437. PART XII, LINE 4B - OTHER ADJUSTMENTS: MEMBERSHIP DUES 6,110. SCHOLARSHIPS 28,437. CELEBRITY WAIT NIGHT 18330 15530 2800 2800 338 PARTIES OF NOTE 7131 1481 5650 5650 575 25461 17011 8450 8450 913 9363 -913 1 TOLEDO SYMPHONY YOUTH ORCHESTRA SCHOLARSHIPS 27 20700 CASH N/A SUMMER STUDY GRANT 1 1000 CASH N/A YOUNG ARTIST COMPETITION SCHOLARSHIP 3 3000 CASH N/A YOUNG MUSICIAN FUND SCHOLARSHIP 4 46100 CASH N/A BALLET TUITION SCHOLARSHIPS 47 23293 CASH N/A PART I, LINE 2: CANDIDATES FOR THE LEAGUE SCHOLARSHIPS ARE JUDGED ON THEIR PLAYING ABILITY. THE GRANTS ARE TO BE USED TO FURTHER THEIR EDUCATION IN MUSIC. FOR SENIOR SCHOLAR WINNERS VERIFICATION OF COLLEGE ENROLLMENT IS DONE PRIOR TO ISSUANCE OF THE GRANT PAYMENT. ALL TOLEDO BALLET SCHOLARSHIP AWARDEES HAVE ATTENDANCE MONITORED BY CLASS INSTRUCTORS AND STAFF, AS WELL AS AN ANNUAL EVALUATION OF THEIR PERFORMANCE. X X 1 1 X X X 0 0 0 0 0 0 0 1 0 ZACHARY VASSAR PRESIDENT & CEO 177890 0 15000 0 4405 0 1900 0 14590 0 213785 0 0 0 BRETT LONEY VP DEVELOPMENT 113206 0 56500 0 0 0 1200 0 16676 0 187582 0 0 0 PART I, LINE 1A THE PRESIDENT HAS A MEMBERSHIP AT THE INVERNESS COUNTRY CLUB WHICH IS PAID FOR BY TAPA. THE PRESIDENT HAS AN ACCOUNT FOR DISCRETIONARY BUSINESS EXPENSES. PART I, LINE 3 THE EXECUTIVE COMMITTEE, AND SUBSEQUENTLY THE BOARD, APPROVED THE ORIGINAL EMPLOYMENT CONTRACT FOR THE PRESIDENT. ANY UPDATES TO THAT CONTRACT HAVE GONE THROUGH THE SAME APPROVAL PROCESS. PART I, LINE 7 THE PRESIDENT WAS APPROVED FOR A $5,000 BONUS BASED ON THE BOARD'S DISCRETION. THE VP OF DEVELOPMENT WAS APPROVED FOR A $8,000 BONUS BASED ON PRESIDENT'S DISCRETION. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE HAS SPECIAL RESPONSIBILITIES AND AUTHORITIES ABOVE ALL COMMITTEES. COMPOSED OF THE BOARD CHAIR, OFFICERS, AND SEVERAL MEMBERS-AT-LARGE, THE EXECUTIVE COMMITTEE ACTS ON BEHALF THE FULL BOARD, NOT INDEPENDENT OF IT. ITS MAIN PURPOSE IS TO FACILITATE THE DECISION MAKING BETWEEN BOARD MEETINGS OR IN URGENT AND CRISIS CIRCUMSTANCES. IT ALSO ACTS AS THE COMMUNICATION LINK TO THE PRESIDENT & CEO AND PROVIDES DIRECT OVERSIGHT AND EVALUATION OF THE PRESIDENT & CEO. FORM 990, PART VI, SECTION A, LINE 2 DEANNA GORUN BAKER IS THE DAUGHTER OF JUDY GORUN. BOTH SERVE AS TRUSTEES TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE V.P. OF FINANCE, THE PRESIDENT/CEO AND THE TREASURER OF THE BOARD BEFORE THE RETURN IS FILED WITH THE IRS. THE REVIEWED 990 IS THEN SENT OUT TO THE MEMBERS OF THE BOARD TO REVIEW ALSO PRIOR TO FILING. THE V.P. OF FINANCE REVIEWS IN DEPTH THE DETAILS OF THE 990 WITH THE TAX PREPARER WHICH THEN MAKES HERSELF AVAILABLE FOR QUESTIONS THAT OTHER REVIEWERS MIGHT HAVE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS GIVEN TO ALL BOARD MEMBERS. IT IS AN AGENDA ITEM AT EACH MEETING. IT IS ASKED THAT ANY MEMBER WHO HAS A CONFLICT OF INTEREST ACT IN A MANNER CONSISTENT WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT/CEO HAS A CONTRACT WHICH DETAILS THE SALARY. THE CONTRACTED SALARY IS DETERMINED BY KEY PEOPLE OF THE BOARD, I.E. CHAIRMAN AND VICE CHAIRMAN. OTHER OFFICER COMPENSATION IS DETERMINED BY THE PRESIDENT/CEO AND KEY MEMBERS OF THE BOARD DURING THE HIRING PROCESS OF A KEY EMPLOYEE. ONCE HIRED, KEY EMPLOYEES RECEIVE ANNUAL ADJUSTMENTS BASED ON ORGANIZATION'S ANNUAL PLAN. FORM 990, PART VI, SECTION C, LINE 19 TOLEDO ALLIANCE OF THE PERFORMING ARTS' AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.