2025-07-11T07:18:21-05:00 2024-06-30 540737372 PBMARES LLP 440 MONTICELLO AVE SUITE 1900 NORFOLK VA 23510 990 2023-07-01 546000598 VIRGINIA SYMPHONY ORCHESTRA VIRG 7574663060 150 BOUSH STREET SUITE 201 201 NORFOLK VA 23510 SHANNON KELLY PRESIDENT & CEO 7574663060 2025-07-08 1 0 EDWARD T YODER CPA P00239134 7576274644 2025-07-08 X 2023 2025-03-06 01:10:19Z SHANNON KELLY 150 BOUSH STREET SUITE 201 201 NORFOLK VA 23510 6268384 0 X WWW.VIRGINIASYMPHONY.ORG X 1949 VA DRIVEN BY ITS CORE VALUES OF ARTISTIC EXCELLENCE AND INCLUSION, THE VIRGINIA SYMPHONY ORCHESTRA'S MISSION IS TO CREATE WORLD-CLASS SYMPHONIC PERFORMANCES, TRANSFORMATIVE MUSIC EDUCATION, AND PURPOSEFUL COMMUNITY ENGAGEMENT THROUGHOUT SOUTHEASTERN VIRGINIA. 30 30 296 300 0 0 4472499 3761802 2399038 2483060 111463 7170 -151378 9493 6831622 6261525 1481351 365742 0 0 5344775 5441333 0 0 486547 2447428 2439475 9273554 8246550 -2441932 -1985025 3083184 1749921 1216672 1868754 1866512 -118833 X DRIVEN BY ITS CORE VALUES OF ARTISTIC EXCELLENCE AND INCLUSION, THE VIRGINIA SYMPHONY ORCHESTRA'S MISSION IS TO CREATE WORLD-CLASS SYMPHONIC PERFORMANCES, TRANSFORMATIVE MUSIC EDUCATION, AND PURPOSEFUL COMMUNITY ENGAGEMENT THROUGHOUT SOUTHEASTERN VIRGINIA. 0 0 6612720 365742 2492553 PROVISION OF ORCHESTRAS, ENSEMBLES, MUSICAL GROUPS AND GUEST ARTISTS FOR CULTURAL AND EDUCATIONAL OPPORTUNITIES AND EXPERIENCES PRIMARILY WITHIN GREATER HAMPTON ROADS. THE OVER 100 YEAR-OLD ORCHESTRA IS VIRGINIA'S PRE-EMINENT PROFESSIONAL SYMPHONY ORCHESTRA AND PERFORMS CLASSICS, POPS AND FAMILY CONCERT SERIES IN VIRGINIA AND NORTH CAROLINA REACHING MORE THAN 100,000 CONCERT GOERS EVERY YEAR. DEDICATED TO ENGAGING CHILDREN, STUDENTS AND ADULTS WITH THE POWER OF CLASSICAL MUSIC, EDUCATION AND COMMUNITY PROGRAMS REACH OVER 45,000 CHILDREN, STUDENTS AND LIFE LONG LEARNING ADULTS EACH YEAR THROUGH YOUNG PEOPLE'S CONCERTS, SCHOOL ARTISTIC RESIDENCIES, MASTER CLASSES AND SMALL ENSEMBLE SPECIAL PROGRAMS. IN ADDITION, VSO PRESENTS THE GENERATIONS IN UNISON PROGRAM WHOSE INITIATIVE AIMS TO ADDRESS PHYSICAL, EMOTIONAL, COGNITIVE AND SOCIAL NEEDS OF MEMORY CARE AND ASSISTED LIVING INDIVIDUALS. 6612720 1 1 0 0 0 0 0 0 0 1 1 0 0 1 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 1 0 0 1 X 66 0 1 296 1 0 0 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 VA X CHIEF FINANCIAL OFFICER 7574663060 150 BOUSH STREET SUITE 201 201 NORFOLK VA 23510 ARMSTRONG VAHN DIRECTOR (TO 6.20.24) 1.00 X 0 0 0 BERGER GARRETT DIRECTOR 1.00 X 0 0 0 BRACKNELL PATRICIA DIRECTOR 1.00 X 0 0 0 CAMPBELL SHARILYN DIRECTOR 1.00 X 0 0 0 COOPER MINETTE DIRECTOR 1.00 1.00 X 0 0 0 CREECH NANCY A DIRECTOR 1.00 X 0 0 0 FAULKNER TIMOTHY CHAIR 1.00 1.00 X X 0 0 0 FRIEDMAN LESLIE DIRECTOR 1.00 X 0 0 0 GARRETT JOHN DIRECTOR (TO 6.20.24) 1.00 X 0 0 0 GOODE SUSAN SECRETARY 1.00 X X 0 0 0 GOURNELOS TED DIRECTOR 1.00 X 0 0 0 HARMON JOE DIRECTOR 1.00 X 0 0 0 HENDERSON BRIE DIRECTOR (AS OF 6.20.24) 1.00 X 0 0 0 HOWARD RENEE DIRECTOR 1.00 X 0 0 0 JONES REV KEITH DIRECTOR (AS OF 6.20.24) 1.00 X 0 0 0 KERN HOWARD DIRECTOR 1.00 1.00 X 0 0 0 MAROON TJ DIRECTOR (AS OF 6.20.24) 1.00 X 0 0 0 MCCLELLAN MICHAEL R DIRECTOR 1.00 1.00 X 0 0 0 MCDERMOTT PATRICK DIRECTOR 1.00 1.00 X 0 0 0 NAUGHTON JIM DIRECTOR (TO NOV 2023) 1.00 X 0 0 0 ORTEGO SARAH DIRECTOR 1.00 X 0 0 0 PACE LAVORIS DIRECTOR 1.00 X 0 0 0 PAGEL ANNAMARIE DIRECTOR (AS OF 6.20.24) 1.00 X 0 0 0 PETTERSON ROBERT DIRECTOR 1.00 1.00 X 0 0 0 PILE LISA DIRECTOR (TO 6.20.24) 1.00 X 0 0 0 PITTMAN CAROLYN TREASURER 1.00 X X 0 0 0 ROBERTSON GORDON DIRECTOR 1.00 X 0 0 0 SANTIAGO KATYA DIRECTOR 1.00 X 0 0 0 SCOTT BLYTHE DIRECTOR 1.00 X 0 0 0 SCOPER STEVE DIRECTOR (AS OF 6.20.24) 1.00 X 0 0 0 STONECYPHER MICHAEL DIRECTOR 1.00 X 0 0 0 SUTHERLAND VANESSA DIRECTOR 1.00 X 0 0 0 VAN BUREN WILLIAM DIRECTOR 1.00 X 0 0 0 VONDERHEIDE DAVE DIRECTOR 1.00 X 0 0 0 WHITAKER MARK DIRECTOR (TO NOV 2023) 1.00 X 0 0 0 WARREN ANDREA PRESIDENT AND CEO (AS OF 12.1.22) 40.00 1.00 X 165000 0 410 KRAUS TERESA CFO (TO 1.12.24) 40.00 1.00 X 106839 0 25955 BREWER MARY LEIGH DIRECTOR OF FINANCE (DEC 2023 TO JUNE 12, 2024) 40.00 X 0 0 0 KELLY SHANNON VP OF DEVELOPMENT 40.00 X 126471 0 376 398310 0 26741 3 0 1 0 ERIC JACOBSEN 818 E CONCORD ST ORLANDO FL 32803 MUSIC DIRECTOR 254798 1 380554 524759 2856489 3761802 PERFORMANCE FEES 711190 1454324 1454324 TICKET SALES 711190 1022626 1022626 MEMBERSHIP DUES AND EV 711190 6110 6110 2483060 6685 6685 485 0 485 485 485 12355 6859 5496 5496 REIMBURSEMENT INCOME 711190 3997 3997 3997 6261525 2492553 0 7170 365742 365742 242583 49632 143319 49632 4103558 3598388 283746 221424 185207 185207 557645 510856 27990 18799 352340 297371 32524 22445 48845 48845 1240 1240 300597 284383 998 15216 233088 74 233014 182006 19838 135059 27109 89797 25282 39973 24542 349723 288722 40677 20324 271794 258801 9210 3783 135946 89341 41246 5359 2479 2479 24945 12930 12015 94747 27363 67384 PRODUCTION COSTS 450327 450327 EQUIPMENT RENTAL AND MA 132100 116896 15204 DONOR RELATIONS 77115 77115 DUES AND SUBSCRIPTIONS 34194 21437 12360 397 10532 10130 402 8246550 6612720 1147283 486547 802995 48319 10861 1236449 882275 305382 183231 12556 9524 85925 78010 1209600 798583 508139 411017 131738 126684 3083184 1749921 368349 571404 412323 394222 550000 436000 353128 1216672 1868754 X 692929 -1101108 1173583 982275 1866512 -118833 3083184 1749921 X -1985025 -320 X X 0 1 X 1 0 X 5073938 5438951 6120981 4500599 3761802 24896271 1830312 811879 1990723 2412604 2495415 9540933 775 775 6905025 6250830 8111704 6913203 6257217 34437979 160000 1303921 200155 336190 200062 2200328 1602214 426631 803524 1037793 820317 4690479 1762214 1730552 1003679 1373983 1020379 6890807 27547172 9844 9310 19813 107528 6685 153180 9844 9310 19813 107528 6685 153180 2473 2473 8352 5627 5363 8709 3997 32048 6923221 6268240 8136880 7029440 6267899 34625680 0.79560 0.79170 0.00440 0.00420 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: REIMBURSEMENT INCOME - 2019 AMOUNT: $ 8,352. 2020 AMOUNT: $ 5,627. 2021 AMOUNT: $ 5,363. 2022 AMOUNT: $ 6,209. 2023 AMOUNT: $ 3,997. PROGRAM BOOK ADS - 2022 AMOUNT: $ 2,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9881882 270742 1352415 394310 49898 11060831 7790800 1446211 1009218 322190 42157 9881882 7394927 1746175 -1061810 249133 39359 7790800 4677844 1546102 1410090 201133 37976 7394927 4677890 59885 184590 206886 37635 4677844 0.48595 0.51405 0 1 1 1050983 639966 411017 158617 158617 0 411017 ANTIQUE VIOLIN 125584 PAINTINGS 1100 126684 SERVICE DEPOSITS/GIFT CERTIFICATES 3751 CAPITAL LEASE 349377 353128 X PART V, LINE 4: VIRGINIA SYMPHONY FOUNDATION HOLDS THE ENDOWMENT FUNDS WHICH WERE ESTABLISHED TO ENSURE THE CONTINUED OPERATIONS OF THE VIRGINIA SYMPHONY ORCHESTRA. PART X, LINE 2: THE SYMPHONY AND THE FOUNDATION QUALIFY AS NONPROFIT ENTITIES AS DEFINED IN SECTION 501(C)(3) OF THE IRC AND ARE THEREFORE EXEMPT FROM FEDERAL AND STATE INCOME TAXES, EXCEPT ON NET INCOME, IF ANY, GENERATED FROM UNRELATED BUSINESS TAXABLE INCOME. FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION'S MANAGEMENT HAS EVALUATED THE IMPACT OF THIS GUIDANCE TO ITS CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS, AND HAS NOT ACCRUED THE EFFECT OF ANY UNCERTAIN TAX PROVISIONS AS OF JUNE 30, 2022 AND 2021. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. THE ORGANIZATION'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS PURCHASES FUNDRAISING EVENTS EXPENSE PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTED PLEDGES COGS PURCHASES FUNDRAISING EVENTS EXPENSE PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 1 VIRGINIA SYMPHONY FOUNDATION 150 BOUSH STREET NORFOLK VA 23510 521597415 501(C)(3) 270742 0 INVESTMENT FUNDS PART I, LINE 2: PLEDGE PAYMENTS MADE TO VIRGINIA SYMPHONY ORCHESTRA (VSO) DURING THE VISION FORWARD CAMPAIGN ARE DISTRIBUTED TO VIRGINIA SYMPHONY FOUNDATION (VSF) AS UNRESTRICTED CONTRIBUTIONS TO GROW THE ENDOWMENT FUND. VSO FINANCIAL STATEMENTS, INCLUDING A STATEMENT OF ACTIVITIES, IS PRESENTED AT EVERY VSF BOARD OF DIRECTOR'S MEETING AND REVIEWED BY VSO'S CHIEF FINANCIAL OFFICER. THESE STATEMENTS SHOW BOTH REVENUES AND USE OF FUNDS (EXPENSES). IN ADDITION, AMOUNT OVER $25,000 FROM BEQUESTS RECEIVED BY VSO ARE ALSO DISTRIBUTED TO VSF. X X 0 0 0 0 0 0 0 0 0 WARREN ANDREA PRESIDENT AND CEO (AS OF 12.1.22) 165000 0 0 0 0 0 0 0 410 0 165410 0 0 0 FORM 990, PART V, Q 7G AND 7H QUESTIONS 7G AND 7H DO NOT APPLY TO THE ORGANIZATION BECAUSE THE ORGANIZATION DID NOT HAVE CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY OR CONTRIBUTIONS OF CARS, BOATS, AIRPLANES OR OTHER VEHICLES DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEETINGS ARE HELD REGULARLY AND MATTERS ARE ADDRESSED AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS AND APPROVES COMPENSATION FOR TOP MANAGEMENT AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 OUR ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN OR VERBAL REQUEST. IN ADDITION, THE 990 IS ALSO AVAILABLE ON GUIDESTAR. FORM 990, PART XI, LINE 9: UNCOLLECTED PLEDGES -320. FORM 990, PART XII, LINE 2C VIRGINIA SYMPHONY ORCHESTRA HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THE VIRGINIA SYMPHONY FOUNDATION 150 BOUSH STREET SUITE 201 NORFOLK VA 23510 521597415 TO RECEIVE FUNDS AND PROPERTY BY GIFT, TRANSFER, DEVISE OR BEQUEST VA 501(C)(3) LINE 10 VIRGINIA SYMPHONY ORCHESTRA 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 VIRGINIA SYMPHONY FOUNDATION B 265742 CASH VIRGINIA SYMPHONY FOUNDATION C 5000 CASH