2024-05-15T14:41:44-05:00 2023-06-30 341874260 CBIZ MHM LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2022-07-01 591223691 THE FLORIDA ORCHESTRA FLOR 7273623331 244 2ND AVENUE NORTH 420 ST PETERSBURG FL 33701 GREGORY RUST TREASURER 7273623331 2024-05-15 1 GREGORY RUST XXX-XX-XXXX 1 LISA BURKE P00220718 8169455500 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z GREGORY YADLEY 244 2ND AVENUE NORTH 420 ST PETERSBURG FL 33701 11365742 0 X WWW.FLORIDAORCHESTRA.ORG X 1967 FL TO INSPIRE-EDUCATE-UNITE AND BUILD COMMUNITY THROUGH THE TRANSFORMATIVE POWER OF MUSIC. 42 42 329 8100 0 0 6977662 5868962 3190511 3480306 483430 763260 -179210 64901 10472393 10177429 0 0 0 0 7269418 7938660 0 0 332346 4091006 4553531 11360424 12492191 -888031 -2314762 14411796 15039564 2737005 5102993 11674791 9936571 X TO ENRICH THE LIFE OF THE TAMPA BAY AREA AS IT INSPIRES, EDUCATES AND BRINGS TOGETHER A WIDE AND DIVERSE AUDIENCE WITH THE UNIQUE EXPERIENCES OF LIVE SYMPHONIC MUSIC, ENSURING THAT FUTURE GENERATIONS WILL CONTINUE TO ENJOY THIS LIVING ART FORM (CONTINUED ON SCHEDULE O)THAT MAGNIFICENTLY CELEBRATES THE HUMAN SPIRIT. 0 0 8383975 3062669 CONCERT PERFORMANCES:FOR MORE THAN 55 YEARS, THE FLORIDA ORCHESTRA (TFO) HAS SERVED THE TAMPA BAY AREA AND BEYOND. TFO IS FLORIDA'S LARGEST PROFESSIONAL ORCHESTRA AND THE LARGEST PERFORMING ARTS ORGANIZATION THAT BRIDGES THE BAY. A TYPICAL TFO CONCERT SEASON ENCOMPASSES THE FULL BREADTH OF SYMPHONIC REPERTOIRE WITH MORE THAN 100 CONCERTS, IN ADDITION TO EDUCATION AND COMMUNITY PROGRAMS, THAT REACH A TOTAL OF 150,000 PEOPLE, UNDER THE LEADERSHIP OF MUSIC DIRECTOR MICHAEL FRANCIS. IN ADDITION TO STANDARD ORCHESTRAL WORKS, TFO PLAYS MUSIC FROM ROCK, POP, AND BROADWAY, AND COLLABORATES IN PRODUCTIONS WITH LOCAL THEATER, CHORAL AND OPERA COMPANIES. (CONTINUED ON SCHEDULE O)SERIES INCLUDE: -HOUGH FAMILY FOUNDATION MASTERWORKS: CORE CONCERT SERIES OF SYMPHONIC STANDARDS FROM BEETHOVEN TO STRAVINSKY, INCLUDING A WIDE RANGE OF DIVERSE COMPOSERS THAT REFLECT THE TAMPA BAY COMMUNITY AND BEYOND. THE PREMIER SERIES BRINGS RENOWNED GUEST ARTISTS FROM AROUND THE WORLD TO TAMPA BAY STAGES. CONCERTS INCLUDE PRE-CONCERT CONVERSATION TO DIVE DEEPER INTO THE MUSIC AND WEEKEND MATINEES FOR SELECT CONCERTS TO INCREASE ACCESSIBILITY.-COFFEE CONCERTS: MORNING MATINEE SERIES OF LIGHT SYMPHONIC FAVORITES IN RELAXED SETTING. INCLUDES PRE-CONCERT CONVERSATION. -RAYMOND JAMES POPS: SERIES OF POPULAR STANDARDS FROM BROADWAY TO JAZZ INCLUDING WEEKEND MATINEES FOR SELECT CONCERTS.-SPECIAL CONCERTS: INCLUDING ROCK, FILM AND TFO'S ANNUAL FUNDRAISING GALA CONCERT WITH GUEST ARTISTS SUCH AS YO-YO MA, STING, ITZHAK PERLMAN, AND SEAL. 1143269 417637 EDUCATION AND COMMUNITY:TFO'S EXTENSIVE EDUCATION AND COMMUNITY ENGAGEMENT ACTIVITIES AND ACCESSIBILITY INITIATIVES MAKE IT POSSIBLE FOR A LARGE PORTION OF THE ORCHESTRA'S ANNUAL TOTAL AUDIENCE TO PARTICIPATE IN ITS SERVICES FREE OF CHARGE OR FOR LOW COST. THESE ACTIVITIES FOLLOW OUR COMMITMENT TO EDUCATE AND IMPACT A WIDE RANGE OF COMMUNITY MEMBERS OF ALL AGES, BACKGROUNDS, AND SOCIOECONOMIC MEANS, INCLUDING BUT NOT LIMITED TO: (CONTINUED ON SCHEDULE O)-CLASSICAL KIDS & TEENS TICKETS: OFFERS FREE MASTERWORKS TICKETS TO PATRONS AGES 5-18. -LIBRARY VOUCHER PROGRAM: OFFERS FREE TICKETS THROUGHOUT THE COUNTY PUBLIC LIBRARY SYSTEM TO LIBRARY PATRONS AND THEIR FAMILIES. FOR THE FIRST TIME, VOUCHERS WERE IMPLEMENTED IN THE TALKING BOOK LIBRARY FOR THE BLIND.-YOUTH CONCERTS: SERVES TWO OF THE LARGEST SCHOOL DISTRICTS IN THE AREA, HILLSBOROUGH AND PINELLAS, BY CURATING YOUTH-CENTERED PROGRAMMING. TFO YOUTH CONCERTS ARE PROVIDED TO SCHOOLS AT NO COST, SERVING THOUSANDS OF STUDENTS IN GRADES 3, 4 AND 5. -FAMILY CONCERTS: COMMUNITY-BASED FAMILY CONCERTS OFFER A THEMED FULL-ORCHESTRA PERFORMANCE FOR FAMILIES OF ALL AGES, GEARED FOR PRE-K-12. THE CONCERTS CENTER AROUND AUDIENCE ENGAGEMENT, SHARED MUSIC ENRICHMENT AND EDUCATIONAL OPPORTUNITIES FOR FAMILIES. - POPS IN THE PARK CONCERTS: OUR BIGGEST CONCERTS OF THE YEAR SERVE A TOTAL OF ABOUT 30,000 RESIDENTS THROUGHOUT TAMPA BAY. THESE THREE, FULL-ORCHESTRA CONCERTS ARE FREE AND ACCESSIBLE TO ALL, ESPECIALLY FAMILIES, IN PUBLIC PARKS IN HILLSBOROUGH AND PINELLAS COUNTIES. PRE-CONCERT SHOWS PROVIDE A PLATFORM FOR COMMUNITY MUSICAL ORGANIZATIONS TO PERFORM FOR LARGE AUDIENCES.-INSTRUMENT PETTING ZOO: OFFERS OPPORTUNITY FOR COMMUNITY MEMBERS OF ALL AGES AND EXPERIENCE LEVELS TO TRY OUT AND PLAY INSTRUMENTS. INSTRUMENT PETTING ZOOS ARE FREE AND MOBILE, BROUGHT DIRECTLY TO PILLARS IN OUR COMMUNITIES: SCHOOLS, LIBRARIES, COMMUNITY/RECREATION CENTERS, 55+ COMMUNITIES, AND MORE.-SIDE BY SIDE OUTREACH: THESE FULL-ORCHESTRA SERVICES ARE FREE TO THE LOCAL YOUTH ORCHESTRA ORGANIZATIONS. STUDENT MUSICIANS, AGES 11-18, SIT SIDE-BY-SIDE WITH TFO MUSICIANS, CONDUCTED BY TFO'S RESIDENT CONDUCTOR. TFO MUSICIANS MENTOR AND PROVIDE LIVE FEEDBACK TO STUDENT MUSICIANS. INCLUDES Q/A SESSION AS WELL AS A FULL PERFORMANCE OPEN TO THE PUBLIC.-STRINGS FOR KIDS: A FREE AFTER-SCHOOL MUSIC ENRICHMENT AND LIFE SKILLS STRINGS CLASS. CLASSES RUN THROUGHOUT THE ENTIRE SCHOOL YEAR. STRINGS FOR KIDS STUDENTS PARTICIPATE IN TWO PERFORMANCES AS WELL AS SUPPLEMENTAL MUSIC ENRICHMENT ACTIVITIES. PROGRAM RESIDES IN TITLE 1 TRAUMA RESPONSE ELEMENTARY SCHOOL AND SERVES STUDENTS GRADES 2-5.-LOBBY PERFORMANCE PROGRAM: MIDDLE SCHOOL AND HIGH SCHOOL ENSEMBLES PERFORM FOR PATRONS IN THE CONCERT HALL LOBBY PRIOR TO TFO CONCERTS. SCHOOLS COME FROM THREE MAJOR COUNTIES: PASCO, HILLSBOROUGH, AND PINELLAS. TFO PROVIDE FREE TICKETS FOR STUDENT MUSICIANS TO ATTEND THE TFO CONCERT AFTER THE LOBBY PERFORMANCE.-TEACHING ARTIST PROGRAM: THIS PROGRAM SERVES MIDDLE SCHOOL AND HIGH SCHOOL ORCHESTRA PROGRAMS IN THE PINELLAS PUBLIC SCHOOL SYSTEM. TEACHING ARTISTS ARE HIGHLY TRAINED PROFESSIONAL MUSICIANS AND EDUCATORS. TEACHING ARTIST PROGRAM PRIORITIZES SUPPORTING NEW TEACHERS AND NON-STRING TEACHERS. A SUBSIDIARY PROGRAM, THE PARTNER SCHOOL PROGRAM, PRIORITIZES TWO HIGH-NEED ORCHESTRA PROGRAMS. THE TEACHING ARTIST PROGRAM PROVIDES CONSISTENT WEEKLY SITE VISITS, MPA CLINICS, DIRECT IN-CLASSROOM AND CURRICULA SUPPORT, AND ANY ADDITIONAL NEEDS REQUESTED BY INDIVIDUAL SCHOOL OR THE SCHOOL DISTRICT. SERVES HUNDREDS OF STUDENTS EACH WEEK. 9527244 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 7 0 1 329 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 42 42 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X X ANITA SAMAROO DIR FINANCE ACCOUN 7273623331 244 2ND AVE N STE 420 ST PETERSBURG FL 33701 GREGORY C YADLEY CHAIR OF THE BOARD 7.00 X X 0 0 0 LINDA CASSALY VICE-CHAIR 1.00 X X 0 0 0 GREGORY RUST TREASURER 1.00 X X 0 0 0 CAROL BALKCOM SECRETARY 1.00 X X 0 0 0 BARRY M ALPERT BOARD MEMBER 1.00 X 0 0 0 GAYLE BERTELSTEIN BOARD MEMBER 1.00 X 0 0 0 SUSAN BETZER BOARD MEMBER 1.00 X 0 0 0 MONTSERRAT CERF BOARD MEMBER 1.00 X 0 0 0 JEANNE COLEMAN BOARD MEMBER 1.00 X 0 0 0 JOYCE COTTON BOARD MEMBER 1.00 X 0 0 0 ELIZABETH J DANIELS BOARD MEMBER 1.00 X 0 0 0 SARA DODDS BOARD MEMBER 1.00 X 0 0 0 GINA DRISCOLL DIRECTOR - EX-OFFICIO 1.00 X 0 0 0 BELINDA DUMONT BOARD MEMBER 1.00 X 0 0 0 JUDITH EICHENBAUM BOARD MEMBER 1.00 X 0 0 0 JANE J FANNING BOARD MEMBER 1.00 X 0 0 0 TOM FARQUHAR BOARD MEMBER 1.00 X 0 0 0 GORDON GILBERT BOARD MEMBER 1.00 X 0 0 0 HARRY GREENE BOARD MEMBER 1.00 X 0 0 0 PATRICIA HANCOCK BOARD MEMBER 1.00 X 0 0 0 SUSAN HANEY BOARD MEMBER 1.00 X 0 0 0 ALEX HARRIS BOARD MEMBER 1.00 X 0 0 0 WILLIAM D HAUSEISEN BOARD MEMBER 1.00 X 0 0 0 JOAN KLINE BOARD MEMBER 1.00 X 0 0 0 KARL NURSE BOARD MEMBER 1.00 X 0 0 0 JANET PAROO BOARD MEMBER 1.00 X 0 0 0 JANE B PEPARD BOARD MEMBER 1.00 X 0 0 0 ANGELA PHIRI BOARD MEMBER 1.00 X 0 0 0 ISAAC RUIZ-CARUS BOARD MEMBER 1.00 X 0 0 0 RONALD SALMONE BOARD MEMBER 1.00 X 0 0 0 GARY SATTERFIELD BOARD MEMBER 1.00 X 0 0 0 MICHEL SAUERS BOARD MEMBER 1.00 X 0 0 0 ROBERT SCHMIDT BOARD MEMBER 1.00 X 0 0 0 MARCY SHUCK BOARD MEMBER 1.00 X 0 0 0 ROBERT F SHUCK BOARD MEMBER 1.00 X 0 0 0 J HARRISON SMITH BOARD MEMBER 1.00 X 0 0 0 RICHARD STEIN BOARD MEMBER 1.00 X 0 0 0 JANE STROM BOARD MEMBER 1.00 X 0 0 0 SUE ULREY BOARD MEMBER 1.00 X 0 0 0 YALE W WALKER BOARD MEMBER 1.00 X 0 0 0 IAN J WHITNEY DIRECTOR - EX-OFFICIO 1.00 X 0 0 0 PETER ZINOBER BOARD MEMBER 1.00 X 0 0 0 J RICHARD CALDWELL JR BOARD MEMBER (TERM END 5/28/23) 1.00 X 0 0 0 JOHN MARK CANTRELL PRESIDENT & CEO (THRU 6/30/23) 40.00 X 216960 0 31719 DEBORAH MCCARTHY CFO (THRU 9/7/22) 40.00 X 109511 0 19527 DEBORAH BUDAJ INTERIM CFO (AS OF 9/7/22) 40.00 X 33500 0 0 JEFFREY MULTER CONCERTMASTER 40.00 X 155161 0 45468 SUSANA WEYMOUTH CHIEF DEVELOPMENT DIRECTOR 40.00 X 112565 0 12961 627697 0 109675 4 0 1 0 MICHAEL FRANCIS 244 2ND AVE N STE 420 ST PETERSBURG FL 33701 MUSIC DIRECTOR 335210 1 153858 120000 507200 5087904 5868962 ADMISSIONS 711130 3083656 3083656 PERFORMANCE REVENUE 711130 394980 394980 OTHER PROGRAM REVENUE 711130 1670 1670 3480306 237391 237391 1517743 991874 525869 525869 525869 261340 153858 196439 64901 64901 10177429 3480306 0 828161 X 382446 116672 265774 5989005 5010892 804125 173988 284889 269153 12280 3456 758172 290925 457124 10123 524148 426747 82042 15359 16119 16119 123081 1556 120015 1510 56570 56570 1787454 1586100 201354 365224 365224 358576 203264 114429 40883 168948 14785 123755 30408 950155 899403 19981 30771 202705 178424 23691 590 23217 1104 2817 19296 122069 101 121968 10035 10035 178237 33978 144259 MUSIC RENTAL 89941 89941 EMPLOYEE RECRUITMENT 55783 55783 PRODUCTION & AUDITION 27747 27747 BUSINESS DEVELOPMENT 3405 1 50 3354 14265 1192 10465 2608 12492191 9527244 2632601 332346 638831 293658 15000 15000 104000 44550 1373176 1211375 14424 29058 605924 560255 41462 45669 8504930 9390703 3719973 4009551 14411796 15039564 248082 749748 1251930 1258675 1236993 3005548 0 89022 2737005 5102993 X 561214 -1122440 11113577 11059011 11674791 9936571 14411796 15039564 -2314762 576542 0 X X 0 1 X 1 0 X 5210502 6885003 6679664 6977662 5868962 31621793 7662 7662 5210502 6885003 6679664 6977662 5876624 31629455 119699 31509756 293606 193066 196410 215140 237391 1135613 32765068 14869003 0.96170 0.95120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 12492191 12492191 774610 193653 0 0 676926 541314 718021 774610 2710871 4066307 58000 66180 124180 169232 135329 179505 193653 677719 1016579 11077866 462915 1157864 1503430 11195215 14437038 -2874172 485000 11077866 11333539 89457 3671810 657768 14437038 14116084 178118 132858 3093521 11333539 15444583 188356 501625 2018480 14116084 0.02254 0.89053 0.08693 1 0 6647 6647 0 405575 359906 45669 193702 193702 0 45669 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 3513996 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 406876 RIGHT OF USE ASSETS 88679 4009551 LEASE LIABILITIES 89022 89022 X 10712728 375643 19787 395430 10317298 56570 -196439 -139869 10177429 12651847 19787 196439 216226 12435621 56570 56570 12492191 PART V, LINE 4: THE ORCHESTRA'S ENDOWMENT CONSISTS OF SEVERAL INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT CONSISTS OF DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS FOR LONG-TERM INVESTMENT. THE ORCHESTRA'S ENDOWMENT DISTRIBUTION POLICY IS INTENDED TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT WHILE PROVIDING DISTRIBUTIONS TO SUPPORT THE ORCHESTRA'S OPERATIONS. THE DISTRIBUTION FORMULA IS INTENDED TO DISTRIBUTE AN AMOUNT APPROXIMATELY EQUAL TO THE ENDOWMENT'S LONG-TERM EXPECTED TOTAL RETURN. PART X, LINE 2: THE ORCHESTRA IS A NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF FLORIDA AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE INTERNAL REVENUE CODE PROVIDES FOR TAXATION OF UNRELATED BUSINESS INCOME UNDER CERTAIN CIRCUMSTANCES. THE ORCHESTRA BELIEVES THAT IT HAS NO LIABILITY FOR TAXES WITH RESPECT TO UNRELATED BUSINESS INCOME. HOWEVER, SUCH STATUS IS SUBJECT TO FINAL DETERMINATION UPON EXAMINATION OF THE RELATED INCOME TAX RETURNS BY THE APPROPRIATE TAXING AUTHORITIES. THE ORCHESTRA FOLLOWS ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES. A COMPONENT OF THIS STANDARD PRESCRIBES A RECOGNITION AND MEASUREMENT THRESHOLD OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORCHESTRA'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS UNDER THIS STANDARD AS A COMPONENT OF TAX EXPENSE, AND NONE WERE RECOGNIZED SINCE THERE WAS NO MATERIAL IMPACT OF THE APPLICATION OF THIS STANDARD FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE ORCHESTRA'S INFORMATION RETURNS ARE OPEN TO IRS EXAMINATION FOR THE 2019 TAX YEAR ENDED JUNE 30, 2020, AND ALL SUBSEQUENT YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: GALA EXPENSES REPORTED ON PART VIII, LINE 8 -196,439. PART XII, LINE 2D - OTHER ADJUSTMENTS: GALA EXPENSES REPORTED ON PART VIII, LINE 8 196,439. GALA 415198 153858 261340 24011 20372 105580 46476 415198 153858 261340 24011 20372 105580 46476 196439 64901 X X X X X 1 0 0 0 0 0 0 0 0 JOHN MARK CANTRELL PRESIDENT & CEO (THRU 6/30/23) 216960 0 0 0 0 0 3276 0 28443 0 248679 0 0 0 JEFFREY MULTER CONCERTMASTER 153062 0 0 0 2099 0 12128 0 33340 0 200629 0 0 0 PART I, LINE 4A THE FLORIDA ORCHESTRA AND DEBRA MCCARTHY, CFO, MUTUALLY AGREED UPON TERMINATION OF THE CFO'S EMPLOYMENT DURING THE YEAR. IN ACCORDANCE WITH THE SEPARATION AGREEMENT, SEVERANCE PAY OF $10,500 WAS PAID TO THE CFO. FORM 990, PART VI, SECTION A, LINE 2 THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS MAY RECOMMEND ELECTING DIRECTORS THAT HAVE FAMILY RELATIONSHIPS WITH CURRENT MEMBERS OF THE BOARD OF DIRECTORS. AS PART OF THE NOMINATION PROCESS, THE GOVERNANCE COMMITTEE DISCLOSES TO THE FULL BOARD OF DIRECTORS ALL FAMILY OR BUSINESS RELATIONSHIPS BEFORE A VOTE IS TAKEN. THE DIRECTORS LISTED IN FORM 990, PART VII, SECTION A, INCLUDES ROBERT F. SHUCK AND MARCY SHUCK, WHO ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CEO, DIRECTOR OF FINANCE AND ACCOUNTING, AND TREASURER. ALL OTHER MEMBERS OF THE BOARD OF DIRECTORS ARE PROVIDED A COMPLETE COPY OF THE FORM AS ULTIMATELY FILED WITH THE IRS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY. EACH DIRECTOR SIGNS A DISCLOSURE STATEMENT WHICH IS FILED WITH THE STATE AS REQUIRED BY FLORIDA'S SOLICITATION OF CONTRIBUTIONS ACT AND 496.405 F.S. FORM 990, PART VI, SECTION B, LINE 15A ONCE A YEAR THE CEO REVIEWS WITH THE BOARD OF DIRECTORS THE COMPENSATION FOR ALL STAFF AND KEY OFFICERS. THE BOARD EXECUTIVE GROUP REVIEWS THE CEO'S COMPENSATION YEARLY OR AS REQUIRED BY CONTRACTING DOCUMENT AFTER PRESENTING IT TO THE FULL BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990S ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AT HTTPS://FLORIDAORCHESTRA.ORG/REPORT. DEPENDING ON DOCUMENTS REQUESTED, THEY ARE EITHER SENT ELECTRONICALLY OR REVIEWED AT THE ADMINISTRATIVE OFFICE. FORM 990, PART IX, LINE 11G CONSULTANT FEES: PROGRAM SERVICE EXPENSES 78,091. MANAGEMENT AND GENERAL EXPENSES 201,354. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 279,445. GUEST ARTISTS & CONDUCTORS: PROGRAM SERVICE EXPENSES 951,834. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 951,834. STAGING & STAGEHANDS: PROGRAM SERVICE EXPENSES 538,375. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 538,375. RECORDING FEES: PROGRAM SERVICE EXPENSES 17,800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,800. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE SHALL ASSIST THE FLORIDA ORCHESTRA (TFO) BOARD OF DIRECTORS IN FULFILLING THEIR FIDUCIARY RESPONSIBILITY RELATING TO CORPORATE ACCOUNTING, REPORTING PRACTICES OF THE ORGANIZATION, AND THE QUALITY AND INTEGRITY OF THE FINANCIAL REPORTS OF THE ORGANIZATION. THE AUDIT COMMITTEE WILL RECOMMEND TO THE BOARD OF DIRECTORS TO APPOINT AND REMOVE THE COMPANY'S INDEPENDENT AUDITORS AND DETERMINE THEIR COMPENSATION. THE COMMITTEE IS DIRECTLY RESPONSIBLE FOR THE OVERSIGHT OF THE ORGANIZATION INDEPENDENT AUDITORS. 1. REVIEW AND UNDERSTAND THE COMPANY'S ANNUAL AUDITED FINANCIAL STATEMENTS AND THE ANNUAL REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING. A. THE CHAIR OF THE AUDIT COMMITTEE WILL MEET WITH THE AUDITORS AND OFFICERS OF TFO TO DETERMINE THE SCOPE OF WORK AND AUDIT FEES PRIOR TO COMMENCING AN AUDIT. THE AUDIT COMMITTEE WILL REVIEW THE SCOPE OF WORK AND IF IT SO REQUIRES, WILL REQUEST FROM TFO OFFICERS A SELECTION OF OTHER AUDITING FIRMS TO ENSURE COMPETITIVE AUDIT PRICING AND STANDARDS. B. THE AUDIT COMMITTEE WILL MEET BEFORE THE START OF THE AUDIT AND AGAIN ONCE THE AUDIT IS COMPLETED IN DRAFT FORM WITH THE AUDITING FIRM, THE AUDIT FIRM WILL PRESENT BOTH TO THE COMMITTEE AND THE BOARD OF DIRECTORS THE FINAL AUDIT RESULTS. 2. REVIEW AND DISCUSS WITH MANAGEMENT AND THE INDEPENDENT AUDITORS MAJOR ACCOUNTING ISSUES AND JUDGEMENTS MADE IN CONNECTION WITH THE PREPARATION OF FINANCIAL STATEMENTS AND ANY ACCOUNTING FINDINGS AND SUPERVISE ITS PROMPT CORRECTION. THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR TO THE PROCESS FOR THE OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF THE FINANCIAL STATEMENTS OR THE SELECTION OF THE INDEPENDENT ACCOUNTANT. FLORIDA ORCHESTRA-NORTH SUNCOAST ASSOCIATES PO BOX 6301 CLEARWATER FL 33758 593474423 SUPPORT AND PROMOTE THE FLORIDA ORCHESTRA FL 501(C)(3) LINE 12C, III-FI N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0