2024-05-29T20:00:48+00:00 2023-07-31 350921680 CROWE LLP 9600 Brownsboro Road Suite 400 Louisville KY 402413902 990 2022-08-01 620550979 Nashville Symphony Association NASH 6156876515 1 Symphony Place Nashville TN 37201 Alan Valentine President & CEO 6156876515 2024-05-30 true Alan Valentine 999009999 true Rachel Spurlock P00520729 5023263996 2022 2023-04-26 12:10:37Z The Nashville Symphony Alan D Valentine 1 Symphony Place Nashville TN 37201 32123195 false X nashvillesymphony.org X 1946 TN The Nashville Symphony inspires and engages a diverse and growing community with extraordinary live orchestral music experiences. 57 49 509 200 -595460 0 18577502 11326273 7409676 8802712 736953 660958 3206132 1212991 29930263 22002934 48130 34675 0 12600069 15460159 213400 249840 2102143 12807527 13395996 25669126 29140670 4261137 -7137736 95225876 89181075 26219853 26874854 69006023 62306221 The Nashville Symphony inspires, entertains, educates and serves through musical performance, innovation, collaboration, and inclusion. Vision: As Middle Tennessee continues to grow and transform, the Nashville Symphony will be a financially robust, world-class orchestra fully supported and embraced by the community it serves. Key to achieving this vision, the Nashville Symphony will: * Become the leading orchestra for the performance, recording and commissioning of contemporary American Music. * Transform into an equitable and inclusive institution that is representative of the diverse community it serves. * Deliver visionary artistic and educational programming that excites the public, drives institutional growth and contributes to the growth of the art form. false false 22146389 0 11136452 Artistic Programming : Led by Music Director Giancarlo Guerrero, the Nashville Symphony inspires and engages a diverse and growing community with extraordinary live orchestral music performances. The orchestra consists of 83 full-time musicians, who perform more than 160 concerts annually. The orchestra's flagship Classical Series consists of 14 concert weekends exploring the full breadth of classical repertoire. The 2022/23 season kicked off with the world premiere of Trailblazing Women. As part of a five-orchestra consortium, the Nashville Symphony co-commissioned Pulitzer Prize-winning composer Julia Wolfe's Her Story, in honor of the centennial celebration of women's voting rights. Featuring vocalists of the Lorelei Ensemble accompanied by the orchestra, Wolfe's Her Story addressed the adversities and successes of the women at the center of the suffrage movement. Other Classical highlights included: Mahler's Symphony No. 2 in C Minor, Resurrection, Holst's The Planets, Mozart's Requiem, and Saint-Saens: Organ Symphony. Composers featured as part of the Classical Series included Lera Auerbach, Hannibal Lokumbe, Brian Raphael Nabors, Florence Price, and Joan Tower, among others. Classical artists included Augustin Hadelich, violin, Johannes Moser, cello, Anne Akiko Myers, violin. In the 2022/23, the Nashville Symphony continued to build on its reputation as one of the most prolific recording orchestras in the United States with four works by four leading American composers, each performed live and recorded for future release on Naxos, a leading classical music label: Julia Wolfe's Her Story, featuring the Lorelei Ensemble; Gabriela Lena Frank's Conquest Requiem; Christopher Rouse's Organ Concerto, featuring organist Paul Jacobs; Wayne Oquin's Resilience, also with Paul Jacobs. In April 2023, the Nashville Symphony presented an epic, fully staged operatic production by composer Hannibal Lokumbe titled The Jonah People: A Legacy of Struggle and Triumph. This powerful production featured the Nashville Symphony; ten vocal soloists including a gospel singer and a Mississippi Delta Blues singer; more than 30 actors and dancers; a 100+ person chorus made up of members of Middle Tennessee Historically Black institutions plus the Nashville Symphony Chorus; an African drummer and instrumentalists; and a Jazz quintet, with the composer himself on trumpet. The Schermerhorn was transformed with a massive stage set and animation, elaborate costumes, dramatic lighting and other theatrical elements, and a related art installation in the public spaces of the building. In The Jonah People, Lokumbe called upon his own family's ancestry and the parable of Jonah and the Whale, finding commonality with those who endured the Middle Passage from Africa to slavery in America. Bridging the worlds of jazz and classical music, the work took us on that difficult journey, culminating in a celebration of those who persevered and against all odds, maintained hope and resilience to become artistic, intellectual, scientific, literary, and spiritual visionaries who contributions have forever changed our world. In addition to its classical programming, the Nashville Symphony offers a wide variety of concerts for the Middle Tennessee community, including pops, jazz, family events and movies with a live orchestra. Of special note, the Nashville Symphony Pops series featured such artists as The Beach Boys, Gladys Knight, and Vanessa Williams. 1925773 34675 25350 Education & Community Engagement Programs: The Nashville Symphony proudly serves thousands of children and families each year from the 41-county Middle Tennessee region, both at Schermerhorn Symphony Center and in local schools and community gathering spaces across the region. The Symphony works to offer integrated support across a number of programs for children with autism and/or other sensory sensitivities, including flexible and accessible seating, closed captioning, quiet spaces, trained staff, and additional resources. Education and community programming highlights include: Young People's Concerts are live orchestra performances at Schermerhorn Symphony Center, with age-appropriate programming and accompanying curriculum and lesson plans for teachers tied to statewide learning outcomes. In the 2022/23 season, these concerts reached more than 6,392 students over 8 concerts. Program highlights included Paul Dooley's "The Conductor's Spellbook," exploring the instrument families of the orchestra and showcasing the magic when the full ensemble performs together, and "Jazz Transformations," featuring Jazz trumpeter and composer, Hannibal Lokumbe with the Nashville Symphony performing Duke Ellington's Nutcracker Suite and Tchaikovsky's Nutcracker Suite. This program explored elements of Jazz and how they are similar to classical composition techniques. Teachers received downloadable curriculum with lesson plans and music. The Accelerando Program prepares gifted young students of diverse ethnic backgrounds in grades 5-12 to pursue professional careers in orchestral music. Students receive performance opportunities, mentorship, and educational resources that are unique to a major American orchestra. Twenty-two students participated in the 2022/23 season. The five graduating students from spring 2023 received a combined $572,204 in college scholarships to attend Vanderbilt, University of Louisville, Yale, Eastman School of Music, and Montclair State University, where they will continue their musical studies in orchestral performance. Ensembles in the Schools serve local schools with multiple visits from Nashville Symphony ensembles, along with lesson plans and other resources to enrich classroom learning. This program reached 849 students over sixteen performances. Masterclasses, sectionals, and lessons provide resources, instruction, and performance coaching for small groups of students around Middle Tennessee reaching 594 students over sixty-one sessions. MNPS String Residencies supported Metro Nashville Public Schools classrooms, in both sectional and side-by-side rehearsal settings during after-school visits - addressing a need for earlier and more robust strings education in our city. Open Dress Rehearsals offer a look at what goes on behind the scenes at our Classical Series concerts before the first public performance. This outreach engaged 450 students and sixty-four adults through rehearsals with the Nashville Symphony and guest artists at the Schermerhorn Symphony Center. STEAM Expeditions (Science, Technology, Engineering, Arts and Math) combined arts and science through interactive, educational presentations to demonstrate the physics of acoustic and electronic instruments. This program benefited five hundred students. The Nashville Symphony's Community Concerts series brings the orchestra's music to neighborhoods across the region during the summer months, reaching 12,000+ community members via free outdoor concerts. String Residency Program: In its inaugural year, the Nashville Symphony's String Residency Program partnered with elementary, middle, and high school students in five schools to supplement and expand string instruction and help grow string-instrument education in Metro Nashville Public Schools. Small groups of symphony musicians chose a partner school and built relationships with students throughout the school year, mentoring them and sitting side-by-side in rehearsals and concerts. 838 students and 12 Nashville Symphony musicians participated in the pilot program. Chamber Music: The Nashville Symphony offered six musician-curated, free chamber music performances at Schermerhorn Symphony Center in 2022/23. The total audience for these concerts was 592 people. 24072162 true true false false false false false false true true true false false false true true false false false false false false true true false false true false true false false false true true false false false false false false false false true true true false false true 205 0 true 509 true true true false false false false true true false false false false false false X 57 49 true false false false false false false true true false false false true true true true true true true false TN X X Karen Warren 6156876516 1 Symphony Place Nashville TN 37201 Alan D Valentine PRESIDENT & CEO 40.0 X X 346038 0 37917 Dr Mark D Peacock Immediate Past Chair 1.0 X X 0 0 0 Mary Cavarra Board Chair - Elect 1.0 X X 0 0 0 Orrin Henry Ingram III Secretary 1.0 X X 0 0 0 Pamela L Carter Board Chair 1.0 X X 0 0 0 Teresa Mosley Sebastian Treasurer 1.0 X X 0 0 0 Andrew Hard Director 1.0 X 0 0 0 Anne Neff MD Director 1.0 X 0 0 0 Anthony Giarratana Director 1.0 X 0 0 0 Anthony Parce Director/Musician (See Schedule O) 40.0 X 75313 0 13227 Ben Folds Director 1.0 X 0 0 0 Betsy Wills Director 1.0 X 0 0 0 Carolyn S Wenzel Director 1.0 X 0 0 0 Cynthia Clark Matthews Director 1.0 X 0 0 0 Dr E Kelly Sanford Director 1.0 X 0 0 0 Dr Janice Riley-Burt Director 1.0 X 0 0 0 Dr Kenneth Sands Director 1.0 X 0 0 0 Dr Lorenzo F Candelaria Director 1.0 X 0 0 0 Emily Humphreys Director 1.0 X 0 0 0 Eric Cook Director 1.0 X 0 0 0 Fredrik Antoine Savage Director 1.0 X 0 0 0 Gail Carr Williams Director 1.0 X 0 0 0 George R Lee III Director 1.0 X 0 0 0 Gerald Greer Director/Musician (See Schedule O) 40.0 X 83750 0 17071 Grace Awh Director 1.0 X 0 0 0 Henry Ingram Director 1.0 X 0 0 0 James Todd Director 1.0 X 0 0 0 Jeanie Rittenberry Director 1.0 X 0 0 0 Jeremie Papin Director 1.0 X 0 0 0 Joel Reist Director/Musician (See Schedule O) 40.0 X 75006 0 17212 Johna Smith Director/Musician (See Schedule O) 40.0 X 70234 0 13211 Karl Sprules Director 1.0 X 0 0 0 Kevin Crumbo Director 1.0 X 0 0 0 Laura Covington Kimbrell Director 1.0 X 0 0 0 Laura Ross Director/Musician (See Schedule O) 40.0 X 64672 0 13421 Manuel Delgado Director 1.0 X 0 0 0 Mark Lopez Director 1.0 X 0 0 0 Mark Tillinger Director 1.0 X 0 0 0 Martha R Ingram Director 1.0 X 0 0 0 Michael Sposato Director 1.0 X 0 0 0 Michael W Hayes Director 1.0 X 0 0 0 Nick Deidliker Director 1.0 X 0 0 0 Peri Widener Director 1.0 X 0 0 0 Phylanice Nashe JD Director 1.0 X 0 0 0 Rhonda Mulroy Director 1.0 X 0 0 0 Richard L Miller Director 1.0 X 0 0 0 Rodney Essig Director 1.0 X 0 0 0 Sandra Lipman Director 1.0 X 0 0 0 Shirley Zeitlin Director 1.0 X 0 0 0 Starling Davis Clark Director 1.0 X 0 0 0 Travis Vincent Dunn Director 1.0 X 0 0 0 Vanessa Jackson Director/Chorus President 1.0 X 0 0 0 Victoria Laughlin McCluggage Director 1.0 X 0 0 0 Victoria Pao Director 1.0 X 0 0 0 W Brantley Phillips Jr Director 1.0 X 0 0 0 William Jarrell Jones Jr Director 1.0 X 0 0 0 Winston Justice Director 1.0 X 0 0 0 Jonathan Norris CDO 40.0 X 165690 0 9294 Marye Walker Lewis CFO 40.0 X 162826 0 9825 Tonya Robles COO (Hired 9/1/2022) 40.0 X 87412 0 0 Giancarlo Guerrero Conductor/Music Director 40.0 X 552949 0 44809 Enrico Lopez-Yanez PRINCIPAL POPS CONDUCTOR 40.0 X 124605 0 9621 Eric Swartz VP OF VENUE MANAGEMENT 40.0 X 108019 0 10372 Erik Gratton Musician 40.0 X 108094 0 13195 Karen Warren Controller 40.0 X 102274 0 10723 Katherine Sejba VP OF MARKETING (Until September 2022) 40.0 X 141363 0 3809 Jonathan Marx COO (UNTIL JULY 2022) 40.0 X 105847 0 8759 Jun Iwasaki Concertmaster (Resigned July 2022) 40.0 X 120453 0 9342 2494545 0 241808 13 true true false ProImage Facility Services LLC 761 Old Hickory Blvd Ste 102 Brentwood TN 37027 janitorial/housekeeping service 425418 COMMUNITY COUNSELING SERVICE PO BOX 824885 PHILADELPHIA PA 191824885 CAMPAIGN CONSULTING 338399 BENNETT DIRECT PO BOX 0015 MILWAUKEE WI 532010015 PROFESSIONAL TELEFUNDING 230830 DISNEY CONCERTS PO BOX 101622 PASADENA CA 911891622 Licensing Rights 166801 IMG ARTISTS LLC 7 WEST 54TH STREET NEW YORK NY 10019 ARTIST AGENCY 140750 10 8700 1590129 1238493 8488951 11326273 Ticket Sales 711190 8434685 8434685 Orchestra fees 711190 368027 368027 0 0 0 0 8802712 569660 569660 1047511 1848416 -800905 0 -800905 -800905 7493633 7398835 3500 94798 -3500 91298 1043 90255 107872 1590129 657468 -549596 -549596 822278 212042 610236 405834 204402 TICKET HANDLING CHARGES/FACILITY FEES 711190 1936215 1936215 ARTIST MERCH COMMISSIONS 711190 17041 17041 0 0 0 0 1953256 22002934 11161802 -595460 110319 X 30675 30675 4000 4000 1988137 1101908 739562 146667 11207512 10028563 387102 791847 604908 593752 1180 9976 681671 597125 49416 35130 977931 836724 83177 58030 23668 23668 84764 84764 249840 249840 46990 46990 4752223 4052408 91805 608010 959727 959727 198722 47201 63115 88406 300335 119070 181265 1216489 1208094 8395 558591 531965 1388 25238 61612 25985 32451 3176 456229 456229 1880143 1467190 412953 427531 197424 230107 MUSIC PURCHASE & RENTAL 448012 448012 CONCERT PRODUCTION 416505 416505 REPAIRS & MAINTENANCE 365355 365355 BANK CHARGES 341792 341792 857308 584250 187235 85823 29140670 24072162 2966365 2102143 1274301 880639 9896702 6627752 2991204 2472059 403676 514866 0 0 0 0 53733 52665 642949 424257 148329084 82787494 67614527 65541590 3055668 3059584 9293116 9607663 0 0 0 95225876 89181075 2171452 2113789 4048401 4761065 20000000 20000000 0 0 0 26219853 26874854 X 62876230 55031878 6129793 7274343 69006023 62306221 95225876 89181075 X -7137736 450086 -12152 X false true X true true true X 9667688 9367661 10262146 18577502 11325473 59200470 13733711 7800993 30541 9385504 11031652 41982401 0 0 0 23401399 17168654 10292687 27963006 22357125 101182871 608142 806113 536707 524576 918933 3394471 0 0 0 0 0 0 608142 806113 536707 524576 918933 3394471 97788400 1860293 1535966 372021 314627 574017 4656924 0 0 0 0 0 1860293 1535966 372021 314627 574017 4656924 0 0 0 0 0 143785 72330 2912945 2130699 107872 5367631 25405477 18776950 13577653 30408332 23039014 111207426 0.8793 0.8721 0.04 0.05 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - FUNDRAISING REVENUE, COLUMN A - 143785.0, COLUMN B - 65830.0, COLUMN C - 32425.0, COLUMN D - 130699.0, COLUMN E - 107872.0, COLUMN F - 480611.0; DESCRIPTION - INSURANCE PROCEEDS, COLUMN A - 0.0, COLUMN B - 6500.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 6500.0; DESCRIPTION - GAIN ON EXTINGUISHMENT OF DEBT, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 2880520.0, COLUMN D - 2000000.0, COLUMN E - 0.0, COLUMN F - 4880520.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10741117 573812 759129 413983 30600 11629475 12456671 139200 -1326619 412001 116134 10741117 10291899 371229 2466108 0 528011 144554 12456671 10787087 53499 63949 0 534221 78415 10291899 11121240 4752 296373 0 526898 108380 10787087 0.8261 0.1739 0.0 false true true 3500000 3500000 132970266 75828095 57142171 8683963 6959399 1724564 3174855 3174855 65541590 Beneficial Interest in Trust 9607663 F 9607663 0 X 24468546 450086 128651 0 578737 23889809 46990 -1933865 -1886875 22002934 31168348 128651 1946017 2074668 29093680 46990 0 46990 29140670 Schedule D, Part V, Line 4 Intended uses of endowment funds The investment funds are used for mission related activities. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ACCORDANCE WITH APPLICABLE GUIDANCE, THE ASSOCIATION WILL RECOGNIZE A TAX BENEFIT ONLY IF IT IS MORE-LIKELY-THAN-NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. AS OF JULY 31, 2023 AND 2022, MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS. THE ASSOCIATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE ASSOCIATION DID NOT RECOGNIZE OR ACCRUE ANY INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS OF JULY 31, 2023 AND 2022, AND FOR THE YEARS THEN ENDED. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Rental Expenses - -1848416 Cost of Goods Sold - -212042 Loss on Sale of Equipment - -3500 Employee Retention Tax Credit - 82093 Kitchen Revenue - 48000 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Rental Expenses - 1848416 Cost of Good Sold - 212042 Uncollectible Pledge Allowance - 12152 Employee Retention Tax Credit - -82093 Kitchen Revenue - -48000 Loss on Sale of Equipment - 3500 X X X X X X X true Bennett Direct PO BOX 0015 Milwaukee WI 53201 TELEFUNDING false 551006 249840 301166 551006 249840 301166 TN Symphony Ball 1100814 1041592 59222 105444 91713 22502 100716 Fashion Show 522437 492927 29510 218489 9834 21897 79587 1 74750 55610 19140 2230 597 1509 2950 1698001 1590129 107872 326163 102144 45908 183253 657468 -549596 Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement. BENNETT DIRECT-FUNDS RAISED BY TELEFUNDING COMPANY ARE PROCESSED BY THE REPORTING ORGANIZATION; DONATED FUNDS ARE NEVER IN POSSESSION OF THE TELEFUNDING FIRM. TELEFUNDING FIRM RECEIVES PAYMENT FOR ITS SERVICES VIA DIRECT INVOICE TO ORGANIZATION.; Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses BENNETT DIRECT-CONTRACT PROVIDES FOR AN ANNUAL FEE PLUS HOURLY WAGES. ADDITIONALLY, CERTAIN EXPENSES, SUCH AS PRINTING, SUPPLIES, AND POSTAGE ARE REIMBURSED. IN FISCAL YEAR 2023, FEES TOTALED $249,840.; true BLAIR SCHOOL OF MUSIC - VANDERBILT UNIVERSITY 2400 BLAKEMORE AVE NASHVILLE TN 37212 620476822 501(C)(3) 30000 TO SPONSOR THE CURB YOUTH SYMPHONY 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Grantee organizations are 501(c)(3) organizations. The Symphony has ongoing relationships with the grantee organizations and is able to observe the use of the granted funds. X X X true false false false false false false true false Alan D Valentine PRESIDENT & CEO 339438 0 0 0 6600 0 15813 0 22104 0 383955 0 0 0 Marye Walker Lewis CFO 162826 0 0 0 0 0 3307 0 6518 0 172651 0 0 0 Jonathan Norris CDO 165090 0 0 0 600 0 4294 0 5000 0 174984 0 0 0 Giancarlo Guerrero Conductor/Music Director 502949 0 50000 0 0 0 21564 0 23245 0 597758 0 0 0 Jun Iwasaki Concertmaster (Resigned July 2022) 120453 0 0 0 0 0 4274 0 5068 0 129795 0 0 0 Jonathan Marx COO (UNTIL JULY 2022) 105847 0 0 0 0 0 2203 0 6556 0 114606 0 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment ORGANIZATION: NASHVILLE SYMPHONY ASSOCIATION EIN: 62-0550979 INTERESTED PERSON: KATHERINE SEJBA AMOUNT: $13,750 TERMS: COMPENSATION PAID AS A RESULT OF SEVERANCE FROM THE POSITION OF VP OF MARKETING Schedule J, Part I, Line 7 Non-fixed payments The VP of marketing receives a non fixed commission payment that is based upon meeting and exceeding ticket sales goals. SYMPLACE REALTY DIRECTOR MARTHA INGRAM MORTGAGE ON SYMPHONY FACILITY X 23250000 20000000 false true true 20000000 BLAIR SCHOOL OF MUSIC BOARD MEMBER LORENZO CANDELARIA IS THE DEAN OF BLAIR SCHOOL OF MUSIC 30000 PROGRAM GRANT TO FURTHER THE YOUTH SYMPHONY PROGRAM Form 990, Part VI, Line 1a Delegate broad authority to a committee ARTICLE 4 (of Bylaws) EXECUTIVE COMMITTEE 4.1 Delegation of Power to Executive Committee. (a) The Executive Committee shall manage the business and affairs of the Association except as otherwise limited by these Bylaws, the Charter or the Act. The Executive Committee may advise the Board on all matters and shall report to the Board on all decisions made or actions taken by it which the Executive Committee or the Chair reasonably determine to be major decisions or actions. The Executive Committee shall be assisted by such administrative staff as the Chair or the President and CEO may determine. Except as otherwise provided in this Article, the provisions of Article 5 shall apply to the Executive Committee. (b) The Executive Committee shall have the power and authority (i) to appoint, negotiate and approve the terms of employment of, and evaluate the performance of the President and CEO and the Music Director and Conductor; (ii) approve agreements with the Musicians (with any member who is an Orchestra Member being excluded, except by invitation of the Chair); (iii) monitor compliance with the budget; (iv) establish and implement operating policies and procedures; (v) supervise the operations and functions of the other committees and receive reports from these committees on request or as required by these Bylaws; (vi) approve the creation of committees of the Board other than the committees created by these Bylaws and the appointment or removal of members of all committees and (vii) approve a sale, lease or pledge of less than all or substantially all of the assets of the Association. The Executive Committee shall have no power to amend any resolution of the Board or the budget. During discussions of salary, any collective bargaining negotiations, or other matters involving individual employees, the Executive Committee may exclude Association employees. 4.2 Number, Election and Term. (a) The Executive Committee shall have at least thirteen (13) and no more than twenty-four (24) members, all of whom shall be directors. The Executive Committee shall be comprised of the elected officers of the Association; the President and CEO; the required Orchestra Member; the chairs of the Associate Board, the Governing Members and the Board Advisory Council; the chair of the Annual Campaign, the chair of any capital campaign underway and the chairs of the following committees: Artistic Planning and Community Engagement, Governance, Strategic Planning, Marketing, Development, External Affairs, Equity, Diversity, Inclusion and Belonging (EDIB) and the Schermerhorn Symphony Center Committee. Subject to the limit on total members, other directors may be nominated by the Governance Committee and elected by the Board. Each member shall consent to serve prior to his or her nomination by the Governance Committee. (b) The elected members of the committee will be elected for minimum two-year terms, and members shall serve until their successors are elected or appointed and qualified. The terms for the members of the committee serving by virtue of serving as chair of a committee shall coincide with the term of the Board Chair. (c) The members shall serve at the pleasure of the Executive Committee and the Board, and the Executive Committee or Board may remove any elected member at any time, with or without cause. 4.3 Meetings. Regular meetings of the Executive Committee shall be held every other month unless otherwise determined by the Chair. Special meetings may be called at any time by an officer or any five (5) members of the Executive Committee. 4.4 Telephonic Meetings. The Executive Committee may permit any of its members to participate in any meeting by, or conduct the meeting through the use of, any means of communication by which all members participating may simultaneously hear each other during the meeting. 4.5 Quorum and Voting. At all meetings of the Executive Committee, the presence of a majority of the voting members shall constitute a quorum. Each member shall have one vote on all matters properly coming before the meeting. If a quorum is present when a vote is taken, the affirmative vote of a majority of members present is an act of the committee unless the Act, the Charter or these Bylaws require the vote of a greater number. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Orrin Henry Ingram, III, Henry Ingram, and Martha R. Ingram - Family relationship, Mary Cavarra and Martha R. Ingram - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by the organization's public accounting firm; a draft is reviewed by the controller, the CFO, the Board Treasurer, and Audit Committee Chair. A full copy of the 990, including supplemental schedules, is provided to the full governing body after filing. Form 990, Part VI, Line 12c Conflict of interest policy 2.8 Conflict of Interest. (from Bylaws of Organization) (a) The President and CEO shall be responsible for maintaining a written conflict of interest policy for the Association approved by the Board of Directors. This policy shall address conflict of interest related to any director, officer, committee member, or administrative staff member of the Association. (b) Generally speaking, for directors, a conflict of interest is a situation in which a director or one of his or her family members has a direct or indirect personal or financial interest that compromises or could compromise the director's independence of judgment in exercising his or her responsibilities to the Association. When any conflict of interest relates to a matter requiring action by the Board of Directors or any Committee, the interested person shall call it to the attention of the Board of Directors or the Committee before which the matter is pending, as applicable. Any other Board or Committee member may call the matter to the attention of the Board or Committee, as applicable. The interested person shall not deliberate or vote on the matter; provided, however, that any director disclosing a conflict of interest may be counted in determining the presence of a quorum at a meeting of the Board of Directors or the Executive Committee. (c) Unless requested to remain present during the meeting, the interested person shall retire from the room in which the Board of Directors or Executive Committee is meeting, and shall not participate in the final deliberation or decision regarding the matter under consideration. However, the interested person shall provide the Board or Committee, as applicable with any and all relevant information. (d) The minutes of the meeting of the Board or any Committee, as applicable, shall reflect that the conflict of interest was disclosed, that the interested person did not participate in the final discussion or vote and did not vote, and the rationale for approving the action. Form 990, Part VI, Line 15a Process to establish compensation of top management official TYPICALLY, THE ORGANIZATION UTILIZES SURVEYS AND RESEARCH OF LOCAL, REGIONAL AND NATIONAL ORGANIZATIONS OF SIMILAR SIZE AND MAKEUP TO ACCUMULATE FAIR AND REASONABLE COMPENSATION DATA FOR OFFICERS AND KEY EMPLOYEES ON AN ANNUAL BASIS FOR THE COMPENSATION COMMITTEE (EXECUTIVE COMMITTEE) TO REVIEW. This was last completed during July of 2023. Form 990, Part VI, Line 15b Process to establish compensation of other employees ALL OFFICERS AND KEY EMPLOYEES INCLUDED IN THE COMPENSATION REVIEW WERE AS FOLLOWS: MUSIC DIRECTOR, PRESIDENT & CEO, CFO, COO, AND CONCERTMASTER. THIS PROCESS OCCURS ANNUALLY, PER THE FISCAL YEAR. This was last completed during July of 2023. Form 990, Part VI, Line 18 How forms are made available to the public The Form 990 is available on the organization's website. The Form 990, Form 990-T, and Form 1023 are available for public inspection upon request. Form 990, Part VI, Line 19 Required documents available to the public Governing documents and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104 and are not available to the public at this time. The Nashville Symphony does, however, make its annual financial audit & the 990 available on its own website. Form 990, Part VII, Section A COMPENSATION OF DIRECTORS FIVE BOARD MEMBERS SERVED AS EMPLOYED MUSICIANS OF THE NASHVILLE SYMPHONY ORCHESTRA DURING FY23 AND RECEIVED COMPENSATION IN THEIR CAPACITY AS MUSICIANS OF THE ORCHESTRA. NONE OF THE LISTED COMPENSATION AT PART VII, SECTION A IS FOR THEIR ROLES AS BOARD MEMBERS. THESE INDIVIDUALS ARE LISTED BELOW: GERALD GREER JOEL REIST ANTHONY PARCE JOHNA SMITH LAURA ROSS Form 990, Part IX, Line 11g Other Fees CONTRACT SERVICES - Total Expense: 238432, Program Service Expense: 238432, Management and General Expenses: , Fundraising Expenses: ; TELEMARKETING - Total Expense: 86701, Program Service Expense: 86701, Management and General Expenses: , Fundraising Expenses: ; SERVICE FEES - Total Expense: 9763, Program Service Expense: 9763, Management and General Expenses: , Fundraising Expenses: ; CONSULTING & RECRUITING FEES - Total Expense: 91805, Program Service Expense: , Management and General Expenses: 91805, Fundraising Expenses: ; OTHER PROFESSIONAL FEES - Total Expense: 936889, Program Service Expense: 328879, Management and General Expenses: , Fundraising Expenses: 608010; GUEST ARTIST FEES - Total Expense: 3263860, Program Service Expense: 3263860, Management and General Expenses: , Fundraising Expenses: ; LICENSING FEES - Total Expense: 124773, Program Service Expense: 124773, Management and General Expenses: , Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Uncollectible Pledge Allowance - -12152; NASHVILLE SYMPHONY ENDOWMENT TRUST CUMBERLAND TRUST 40 BURTON HILLS BLVD STE 300 NASHVILLE TN 37215 620550979 INVESTMENTS TN NASHVILLE SYMPHONY ASSOCIATION Trust true false false false false false false false false false false false false false false false false false true true NASHVILLE SYMPHONY ENDOWMENT TRUST S 485107 CASH NASHVILLE SYMPHONY ENDOWMENT TRUST R 599502 CASH