2025-07-15T13:29:31-05:00 2024-08-31 205991824 SC&H GROUP INC 910 RIDGEBROOK ROAD SPARKS MD 21152 990 2023-09-01 770659339 BALTIMORE SYMPHONY ENDOWMENT TRUST BALT 4107838095 1212 CATHEDRAL STREET BALTIMORE MD 212015517 ANN BROMERY CFO 4107838090 2025-07-14 1 1 LORI S BURGHAUSER P00370694 4104031500 2025-07-14 2023 2025-03-06 01:10:19Z MARK C HANSON 1212 CATHEDRAL STREET BALTIMORE MD 212015517 16704422 0 X N/A X 2006 MD TO SUPPORT THE BALTIMORE SYMPHONY ORCHESTRA IN ACCOMPLISHING ITS MISSIONS. 9 8 0 8 2233 0 3051904 8674400 0 0 4938926 8030022 0 0 7990830 16704422 3550000 8560000 0 0 256680 297343 0 0 0 2380776 3649520 6187456 12506863 1803374 4197559 92110864 98295531 3608911 3165910 88501953 95129621 X THE ORGANIZATION IS A SUPPORTING ORGANIZATION OF THE BALTIMORE SYMPHONY ORCHESTRA, INC. (BSO) AND EXISTS TO SUPPORT BSO IN ACCOMPLISHING ITS MISSIONS. THE DEPRECIATION EXPENSE OF THE ENDOWMENT TRUST RELATES TO ASSETS USED BY THE BSO IN FURTHERANCE OF ITS MISSIONS. 0 0 9678634 8560000 0 THE BALTIMORE SYMPHONY ENDOWMENT TRUST IS A SUPPORTING ORGANIZATION OF THE BALTIMORE SYMPHONY ORCHESTRA, INC. (BSO) AND EXISTS TO SUPPORT BSO IN ACCOMPLISHING ITS MISSIONS. THE DEPRECIATION EXPENSE OF THE ENDOWMENT TRUST RELATES TO ASSETS USED BY THE BSO IN FURTHERANCE OF ITS MISSIONS. 9678634 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MD X ANN BROMERY 4107838090 1212 CATHEDRAL STREET BALTIMORE MD 212015517 MR MARK HANSON BOARD MEMBER AND CEO 8.00 32.00 X X 85530 342120 69486 MR ANDREW A STERN CHAIRMAN 1.00 0.00 X X 0 0 0 MR CHRIS BARLETT CHAIRMAN (PART YEAR) 1.00 0.00 X X 0 0 0 MS CHAITANYA YARAMADA VICE PRESIDENT 1.00 0.00 X X 0 0 0 MR STEVEN R SCHUH TREASURER 1.00 2.00 X X 0 0 0 MS BARBARA BOZZUTO BOARD MEMBER 1.00 2.00 X 0 0 0 MR KENNETH W DEFONTES JR BOARD MEMBER (PART YEAR) 1.00 0.00 X 0 0 0 MR RICHARD MONFRED BOARD MEMBER (PART YEAR) 1.00 0.00 X 0 0 0 MS NICOLE NESBIT BOARD MEMBER 1.00 0.00 X 0 0 0 MS BETH ROSENWALD BOARD MEMBER 1.00 0.00 X 0 0 0 MR BARRY ROSEN BOARD MEMBER 1.00 2.00 X 0 0 0 MR MARK VASELKIV BOARD MEMBER 1.00 0.00 X 0 0 0 MR JOHN G MCLEAN JR SVP & CFO (PART YEAR) 4.00 36.00 X 35354 141416 22609 MR LEONARD WILLIAMS INTERIM CFO 1.00 0.00 X 0 0 0 MS ALLISON BURR-LIVINGSTONE VP & CHIEF ADVANCEMENT OFFICER 10.00 30.00 X 47146 141436 45236 168030 624972 137331 0 0 1 0 GLENMEDE 1650 MARKET STREET SUITE 1200 PHILADELPHIA PA 19103 INVESTMENT MANAGEMENT 171562 1 8674400 8674400 2314231 2233 2311998 5715791 0 5715791 5715791 5715791 16704422 0 2233 8027789 8560000 8560000 139303 139303 111823 111823 46217 46217 280436 280436 100996 100996 338 338 220611 220611 1118634 1118634 95474 95474 BAD DEBTS 1101210 1101210 REPAIRS AND MAINTENANCE 717923 717923 HALL RENOVATION 13648 13648 BOND COSTS 250 250 12506863 9678634 2828229 0 1580290 -1490 3893696 4752833 3387246 2523528 46913542 33020779 14938911 13892763 58532548 62642602 9266733 9581180 511440 4904115 92110864 98295531 77540 21335 3484652 3115261 46719 29314 3608911 3165910 X -66581 -2885000 88568534 98014621 88501953 95129621 92110864 98295531 X 4197559 3528385 -1098276 X X 0 1 X 1 0 X X X 1 BALTIMORE SYMPHONY ORCHESTRA INC 520629696 7 1 8560000 0 1 8560000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART I, QUESTION 11G, LINE VI: THE BALTIMORE SYMPHONY ENDOWMENT TRUST ALSO SUPPORTS THE BALTIMORE SYMPHONY ORCHESTRA BY HOLDING AND MAINTAINING THE BUILDING. MAINTENANCE AND DEPRECIATION EXPENSE ASSOCIATED WITH THE BUILDING HAVE BEEN RECORDED ON THE BALTIMORE SYMPHONY ENDOWMENT TRUSTS BOOKS AND RECORDS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73078625 5598877 10851000 8560000 3631263 280436 77056803 70371845 1507663 6817100 3550000 1792667 275316 73078625 83365200 1282119 -10267708 3372258 261763 373745 70371845 71259587 947859 15396000 3449210 687229 101807 83365200 67520059 3253990 5873000 3558565 1726642 102255 71259587 0.00000 1.00000 0.00000 0 0 658350 658350 42226231 28993436 13232795 4028961 4027343 1618 13892763 COLLINS CAPITAL - FUND OF FUNDS 15078 F CAMDEN VENTURE LLC 68414 F CAMDEN PRIVATE CAPITAL CORP. FIN., LLC 25636 F NEW MOUNTAIN GUARDIAN III BDC LLC 2400000 F GLENMEDE PRIVATE INVESTMENT 1138722 F LIBERTY SPECIAL STRATEGIES FUND 2414547 F INDEPENDENCE GLOBAL FUND 2287754 F GMO RESOURCES FUND 1231029 F 9581180 GIFT ANNUITY PAYABLE 30377 DEFERRED FINANCING COSTS -1063 29314 X PART V, LINE 4: THE ENDOWMENT IS USED TO SUPPORT THE CHARITABLE, LITERARY AND EDUCATIONAL PURPOSES OF THE BALTIMORE SYMPHONY ORCHESTRA, INC., ASSOCIATED WITH THE PROMOTION OF AND APPRECIATION OF ORCHESTRAL AND SYMPHONIC MUSIC. PART X, LINE 2: ASC 740, INCOME TAXES (ASC 740), PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AS WELL AS GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES AND FINANCIAL STATEMENT REPORTING DISCLOSURES. FOR THESE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ENDOWMENT TRUST IS SUBJECT TO EXAMINATION BY U.S. FEDERAL AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS. THE ENDOWMENT TRUST RECOGNIZES INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX EXPOSURE AS A COMPONENT OF INCOME TAX EXPENSE. THE ENDOWMENT TRUST DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF AUGUST 31, 2024, AND 2023. 1 BALTIMORE SYMPHONY ORCHESTRA INC 1212 CATHEDRAL STREET BALTIMORE MD 21201 520629696 501(C)(3) 8560000 0 N/A N/A TO PROVIDE SUPPORT TO A SUPPORTED ORGANIZATION TO FURTHER ITS EXEMPT PURPOSE. 1 PART I, LINE 2: THE GRANT FUNDS ARE GIVEN TO BALTIMORE SYMPHONY ORCHESTRA, WHO IS A RELATED ORGANIZATION OF THE FILING ENTITY. 0 1 0 0 0 0 0 0 0 MR MARK HANSON BOARD MEMBER AND CEO 84002 336010 0 0 1528 6110 5000 20000 8897 35589 99427 397709 0 0 MS ALLISON BURR-LIVINGSTONE VP & CHIEF ADVANCEMENT OFFICER 47132 141396 0 0 14 40 0 0 11309 33927 58455 175363 0 0 MR JOHN G MCLEAN JR SVP & CFO (PART YEAR) 35336 141344 0 0 18 72 0 0 4522 18087 39876 159503 0 0 PART I, LINE 3 THE ORGANIZATION DOES NOT DIRECTLY COMPENSATE ANY OF ITS OFFICERS OR DIRECTORS AS ALL COMPENSATION IS PAID BY BALTIMORE SYMPHONY ORCHESTRA ("BSO"), A RELATED ORGANIZATION. THE BSO CHECKS THE FOLLOWING BOXES IN THE ESTABLISHMENT OF THE COMPENSATION FOR THE CEO: COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 4B DURING CALANDER YEAR 2023, THE FOLLOWING PARTICIPATED IN THE BALTIMORE SYMPHONY ORCHESTRA, INC. SUPPLEMENTAL EXECUTIVE DEFERRED COMPENSATION PLAN ("SERP"): MARK HANSON $25,000 FORM 990, PART VI, SECTION A, LINE 4 GOVERNING DOCUMENTS WERE AMENDED TO PROVIDE AN ADDITIONAL $8 MILLION CONTRIBUTION TO BALTIMORE SYMPHONY ORCHESTRA. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF THE ORGANIZATION CONSISTS OF NINE MEMBERS THAT ARE APPROVED BY THE BALTIMORE SYMPHONY ORCHESTRA (BSO), THREE OF WHOM SERVE BY VIRTUE OF THEIR POSITIONS WITH BSO (THE CHAIRMAN OF THE BOARD, THE PRESIDENT AND CEO, AND THE CHAIRMAN OF THE FINANCE COMMITTEE). THE REMAINING TRUSTEES, WHICH CONSTITUTE THE MAJORITY, ARE APPOINTED TO STAGGERED TERMS BY BSO AND MAY NOT BE OFFICERS, DIRECTORS, OR EMPLOYEES OF THE BSO. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS EMAILED TO THE FULL BOARD FOR REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE BSO HAS A CONFLICT-OF-INTEREST POLICY THAT IS AVAILABLE TO ALL EMPLOYEES IN THE STAFF EMPLOYEE HANDBOOK. THE HANDBOOK IS ISSUED TO EVERY NEW EMPLOYEE OF THE BSO AND THE EMPLOYEE MUST SIGN TO SAY THAT THEY HAVE READ AND UNDERSTOOD THE INFORMATION PROVIDED. THE CONFLICT-OF-INTEREST POLICY IS MONITORED BY MANAGEMENT WITH THE EMPHASIS ON THOSE AREAS THAT ARE ESPECIALLY SUSCEPTIBLE TO POSSIBLE CONFLICTS. ANY POTENTIAL CONFLICTS WOULD BE DEALT WITH ON AN INDIVIDUAL BASIS BY THE PRESIDENT/CEO AND THE DIRECTOR OF HUMAN RESOURCES AS NECESSARY. THE CONFLICT OF INTEREST POLICY IS AFFIRMATIVELY REVIEWED AND SIGNED BY THE BOARD OF DIRECTORS EVERY YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ONLINE VIA WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: CHANGE IN PRESENT VALUE DISCOUNT OF PLEDGES AND PLEDGE ADJUSTMENTS -72,308. GAIN (LOSS) ON INTEREST RATE SWAP -25,968. PLEDGE ADJUSTMENT -1,000,000. FORM 990, PAGE 12, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BALTIMORE SYMPHONY ORCHESTRA INC 1212 CATHEDRAL STREET BALTIMORE MD 21201 520629696 PROVIDING SYMPHONIC CONCERTS, CULTURAL AND EDUCATIONAL MD 501(C)(3) LINE 7 N/A 0 CATHEDRAL PARKING INC 1212 CATHEDRAL STREET BALTIMORE MD 21201 521239270 PARKING GARAGE MD BALTIMORE SYMPHONY ENDOWMENT TRUST C -11986 975684 1.00000 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 CATHEDRAL PARKING INC D 3117472 FMV