2026-04-06T11:57:10-05:00 2025-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2024-07-01 410829498 The Saint Paul Chamber Orchestra Society SAIN 6512923248 370 Wabasha St N 1420 St Paul MN 55102 Elizabeth Olson CFO 6512923248 2026-04-01 1 1 Deb Nelson CPA P01264758 6122536500 2026-03-31 2024 2025-03-06 01:10:19Z Jessica Mallow Gulley 370 Wabasha St N 1420 St Paul MN 55102 17558037 0 X www.thespco.org X 1958 MN To enrich the Twin Cities by sharing distinctive and engaging chamber orchestra performances. 46 42 241 250 12795 0 7116552 10365922 1698869 1880677 1730915 3663608 -4750 -5820 10541586 15904387 0 0 0 0 6937798 7619752 0 0 1201196 3756772 3665347 10694570 11285099 -152984 4619288 65176221 74504984 1471767 2385880 63704454 72119104 X To enrich the Twin Cities community by sharing distinctive and engaging chamber orchestra performances. We are committed to inclusivity and strive to provide all people in our community with opportunities to connect with our music. 0 0 8318599 1880677 Organization Summary:Founded in 1959, the Grammy Award-winning Saint Paul Chamber Orchestra (SPCO) is renowned for its artistic excellence, remarkable versatility of musical styles and adventurous programming. SPCO concerts are primarily musician-led and include a broad range of repertoire, from Baroque works to new music, in close collaboration with a dynamic roster of internationally acclaimed Artistic Partners. Through a distinctive musician-led artistic model, SPCO musicians lead and develop the orchestra's programming, determine members and choose artistic collaborators. (Continued on Sch. O) 8318599 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 42 0 1 241 1 1 1 1 CJ LU 0 0 0 1 1 0 0 0 0 0 0 X 46 42 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN WI X Elizabeth Olson 6512923241 370 Wabasha St N Suite 1420 St Paul MN 55102 Jon Limbacher President & Managing Director 40.00 1.00 X X 284121 0 44346 Steven Copes Musician 30.00 0.00 X 214656 0 46383 Kyu-Young Kim Musician 30.00 0.00 X 247436 0 8787 Julie Albers Musician 30.00 0.00 X 145992 0 41269 Elizabeth Olson Chief Financial Officer 40.00 0.00 X 134266 0 28755 Cassie Pilgrim Musician 30.00 0.00 X 133107 0 16452 Jennifer Muenchow Chief People Officer 40.00 0.00 X 126392 0 18562 Andrew Brady AVC rep Ex-Officio Director/Musician 30.00 0.00 X 124056 0 20321 Matthew Wilson Ex-Officio Director/Musician 30.00 0.00 X 95681 0 33039 Nina Fan OC rep Ex-Officio Director/Musician 30.00 0.00 X 95215 0 18876 Ann Huntrods-Board Chair Elect (Until 12/2024)/Chair (Beg 12/2024) 1.00 1.00 X X 0 0 0 Deborah Palmer-Chair Until 12/2024)/Director (Beg 12/2024) 1.00 1.00 X X 0 0 0 Justin Windschitl-Director (Until 12/24)/Treasurer (Beg 12/24) 1.00 0.00 X X 0 0 0 David Rosedahl Treasurer (Until 12/2024) 1.00 0.00 X X 0 0 0 Randy Kroll-Director Until 12/2024)/Secretary (Beg 12/2024) 1.00 0.00 X X 0 0 0 Elizabeth Willis-Secretary (Until 12/24)/Director (Beg 12/24) 1.00 0.00 X X 0 0 0 AJ Huss Jr Chair Emeritus, Ex-Officio 1.00 0.00 X X 0 0 0 Doug Affinito Director 1.00 0.00 X 0 0 0 Catherine Allan Director 1.00 0.00 X 0 0 0 Nina Archabal Director 1.00 0.00 X 0 0 0 Dan Avchen Director 1.00 0.00 X 0 0 0 Jo Bailey Director 1.00 0.00 X 0 0 0 Inez Bergquist Ex-Officio Director 1.00 0.00 X 0 0 0 Theresa Bevilacqua Director 1.00 0.00 X 0 0 0 Arnie Brier Director 1.00 0.00 X 0 0 0 Chris Brown Director 1.00 0.00 X 0 0 0 Anne Cheney Director 1.00 0.00 X 0 0 0 Becky Debertin Director 1.00 0.00 X 0 0 0 Louis Epstein Director 1.00 0.00 X 0 0 0 Victor de Meireles Director 1.00 0.00 X 0 0 0 Jason Max Ferdinand Director 1.00 0.00 X 0 0 0 Judith Garcia Galiana Director 1.00 0.00 X 0 0 0 Keith Halperin Director 1.00 0.00 X 0 0 0 Jim Johnson Director 1.00 0.00 X 0 0 0 Arthur Klebanov Director 1.00 0.00 X 0 0 0 Craig Lemming Director 1.00 0.00 X 0 0 0 Peg Lindlof GM ex officio Ex-Officio Director 1.00 0.00 X 0 0 0 Steve Mahle Director 1.00 0.00 X 0 0 0 Rob Mairs Director 1.00 0.00 X 0 0 0 Dave Moore Director 1.00 0.00 X 0 0 0 Bondo Nyembwe Director 1.00 0.00 X 0 0 0 Bob Olafson Director 1.00 0.00 X 0 0 0 Peter Remes Director 1.00 0.00 X 0 0 0 John Riehle GM ex officio Ex-Officio Director 1.00 0.00 X 0 0 0 Ann Rogotzke Director 1.00 0.00 X 0 0 0 Jack Rossmann Director 1.00 0.00 X 0 0 0 Kathy Schubert Director 1.00 0.00 X 0 0 0 Andrew Selden Director 1.00 0.00 X 0 0 0 Joe Tashjian Director 1.00 0.00 X 0 0 0 Paul Vargo Director 1.00 0.00 X 0 0 0 Linda Foreman Director (Beg 11/2024) 1.00 0.00 X 0 0 0 Donna Petersen Director (Beg 05/2025) 1.00 0.00 X 0 0 0 Lori Sommerfield Director (Beg 11/24) 1.00 0.00 X 0 0 0 Sheldon Damberg Director (Until 12/2024) 1.00 0.00 X 0 0 0 Bonnie Grzeskowiak Director (Until 12/2024) 1.00 0.00 X 0 0 0 Bob Lee Director (Until 09/2024) 1.00 0.00 X 0 0 0 Marja Lutsep Director (Until 12/2024) 1.00 0.00 X 0 0 0 James Smith Director (Until 05/25) 1.00 0.00 X 0 0 0 1600922 0 276790 14 0 1 0 Mission Construction Inc 7148 Shady Oak Rd Eden Prairie MN 55344 Construction 395283 Netrio PO Box 1575 Minneapolis MN 55480 IT Services 133045 Felhaber Larson PO BOX 9201 Minneapolis MN 55480 Legal Services 129752 3 176476 864153 524671 8800622 3828890 10365922 Ticket Fee Revenue 711130 1605268 1605268 Contracted Services 711130 221113 221113 54296 54296 1880677 1355325 12795 1342530 3838 3838 3935864 186 1627767 0 2308097 186 2308283 2308283 16225 176476 25883 -9658 -9658 15904387 1880677 12795 3644993 930345 492007 255189 183149 5419950 4382136 494254 543560 362715 289216 35407 38092 458148 338623 53755 65770 448594 346037 51525 51032 124501 124501 56915 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6944307 2162643 49327 65774718 50101460 1672890 5942662 2066678 34269 55616065 46211718 991666 4923118 1996803 28239 50101460 48840162 6587112 -7332739 1859141 23676 46211718 38888231 1120070 10649277 1799833 17583 48840162 0.12120 0.87880 0.00000 1 0 522603 21683 500920 1973042 1606624 366418 24000 24000 891338 Absolute Return Strategies 2545546 F Private Equity 2717255 F Real Assets 3249769 F Private Debt 1779761 F 10292331 Lease Liabilities 1009979 Gift Annuities Payable 99401 1109380 X 19443825 3753117 35726 3788843 15654982 249405 249405 15904387 11029175 0 11029175 249405 6519 255924 11285099 Part V, Line 4: The Endowment consists of pooled funds restricted for the long-term support of The Saint Paul Chamber Orchestra. The Endowment is invested for purposes of earning income (dividends, interest, and realized and unrealized gains). The income can generally be used to offset fund management expenses, operating fund additional support, or be reinvested in accordance with the SPCO's investment policy. Restricted endowment income is used for its intended purpose. Part X, Line 2: The SPCO believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The SPCO would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 2d - Other Adjustments: Change in value of beneficial interest in charitable trusts 45,085. Change in value of gift annuities -2,840. Indirect fundraising expenses in expenses for tax purposes -6,519. Part XII, Line 4b - Other Adjustments: Indirect fundraising expenses in expenses for tax purposes 6,519. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Endowment Investments 5172000 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Endowment Investments 8000 0 0 0 0 0 0 5180000 0 5180000 1 0 1 1 1 0 Part I, Line 2: The organization does not award grants or assistance outside the United States. The organization has investment activities outside the United States. Part IV: The Saint Paul Chamber Orchestra Society (SPCO) reviews its direct and indirect investments during the tax period for determining required foreign filings. SPCO makes direct and indirect transfers to foreign corporations and foreign partnerships. SPCO would file Form 926 or Form 8865 if the transfers met the requirements for filing. SPCO's transfers to foreign corporations did require filing Form 926. SPCO's transfers to foreign partnerships did not require filing Form 8865. SPCO has ownership interests in foreign corporations and foreign partnerships. SPCO would file Form 5471 or Form 8865 if the ownership met the requirements for filing. SPCO's ownership in foreign corporations did not require filing Form 5471. SPCO's ownership in foreign partnerships did not require filing Form 8865. SPCO invests in partnerships that hold direct or indirect interests in passive foreign investment companies (PFICs). SPCO would file Form 8621s for underlying investments that generate unrelated business income. SPCO would not file Form 8621s where the investment partnerships have properly filed Form 8621s, or where the underlying investments did not generate any unrelated business income. SPCO did not require filing Form 8621. Musician Appreciation Concert 192701 176476 16225 7326 18557 192701 176476 16225 7326 18557 25883 -9658 X X X X X 0 0 0 0 0 0 0 1 0 Jon Limbacher President & Managing Director 284121 0 0 0 0 0 16191 0 28317 0 328629 0 0 0 Steven Copes Musician 202156 0 12500 0 0 0 20340 0 26205 0 261201 0 0 0 Kyu-Young Kim Musician 234936 0 12500 0 0 0 8638 0 311 0 256385 0 0 0 Julie Albers Musician 133492 0 12500 0 0 0 11276 0 30155 0 187423 0 0 0 Elizabeth Olson Chief Financial Officer 134266 0 0 0 0 0 7606 0 21271 0 163143 0 0 0 Part I, Line 7 Steven Copes, Kyu-Young Kim, Julie Albers, Andrew Brady, Matthew Wilson, and Nina Fan, along with all musicians in the organization, received a contract ratification bonus on settlement of their most recent collective bargaining agreement. X 28 3828890 Average High/Low 0 0 1 0 Part I, Column (b): The number reported in Column (b) is the number of contributions. Form 990, Part III, Line 4a In its commitment to making music accessible to everyone, the SPCO presents concerts in a variety of venues across the Twin Cities each year while offering the most affordable ticket prices of any professional orchestra in the United States. The orchestra also offers an innovative ticket membership model in which members pay a monthly fee to attend unlimited concerts, starting at $5 per month. MISSION OF THE SAINT PAUL CHAMBER ORCHESTRA Our mission is to sustain a world-class chamber orchestra at the highest standards of artistic excellence that enriches the Twin Cities community by sharing dynamic, distinctive and engaging performances. We are actively committed to accessibility and intentional inclusivity in all aspects of our work and continually strive to provide all people in our community with opportunities to connect with the music we perform. ARTISTIC PROJECTS AND PARTNERSHIPS Sandbox Composer Residencies, Premieres and Commissions During the 2024.25 season, the SPCO commissioned twelve new works across nine concert programs, including eleven premieres. The orchestra's Sandbox Composer Residency, first established in the 2022.23 season, aims to support the creation of new music in a long-term, collaborative relationship with composers. Valerie Coleman was the 2024.25 season's Sandbox Composer-in-Residence, and in May, the orchestra premiered her new work All the People, written in commemoration of the anniversary of George Floyd's death. Written in three movements, All the People acknowledges the commonalities, resilience, frustrations, joys, and determination of the human spirit in the context of American current events, all building to a new anthem for humanity. At the time of her appointment, Coleman shared that, "a collaboration with SPCO is more than a concert or commission. It is an invitation into their world, through music, ideas, memories and new inside jokes that build a lasting connection. This residency for me represents being welcomed into a family in which we create and laugh together, building an exciting chapter within SPCO's legacy." "What inspires me most throughout each season is the SPCO musicians' commitment to both excellence and exploration," said Artistic Planning Director Jonathan Posthuma. Not only is the SPCO playing timeless classics live Vivaldi's Four Seasons at an exceptionally high level, but they also are pushing the boundaries of what a contemporary chamber orchestra can achieve in the music that we program and perform. Whether it is playing a full symphony unconducted, or improvising complex African rhythms with Abel Selaocoe, or diving into a new work by a Sandbox Composer-in-Residence, SPCO musicians thrive on risk-taking and share those musical rewards with our audience." Artistic Leadership through the Musician-Led Artistic Model The 2024.25 season continued the orchestra's commitment to fostering the artistic leadership of its own musicians. Through the SPCO's unique musician-led artistic model, members of the orchestra help shape the organization's artistic vision, including selecting their members and repertoire, determining artistic interpretations, choosing Artistic Partners and collaborators, and leading unconducted rehearsals and performances. The 2024.25 season saw twelve SPCO musicians featured as soloists across fourteen different programs in some cases, soloing alongside visiting guest artists. In addition to solo performances, SPCO musicians were featured as Creative Leads, curating four different programs that showcased their musical interests and passions. * Mozart's Haffner Symphony (Sep 20-21, 2024) Eunae Koh, creative lead * Haydn's Il Distratto Symphony (Nov 14-17, 2024) Andrew Brady, creative lead * EXPRESS CONCERT: Janek's The Kreutzer Sonata (May 23-25, 2025) Richard Belcher, creative lead * EXPRESS CONCERT: Cassie Pilgrim Plays Bach's Oboe d'Amore Concerto (Jun 5-8, 2025) Cassie Pilgrim, creative lead Form 990, Part III, Line 4a Bringing World-Renowned Artistic Partners and Guest Artists to the Twin Cities Community The 2024.25 season featured four returning SPCO Artistic Partners. Across twenty-two concerts, the orchestra collaborated with British Baroque specialist Richard Egarr, South African cellist Abel Selaocoe, Hungarian conductor Gbor Takcs-Nagy and German violist Tabea Zimmermann. Audiences continue to return for thrilling and meaningful collaborations with SPCO Artistic Partners; here is what they had to say: * "Richard Egarr makes even familiar music brand new. He seems to spread his evident enjoyment through the musicians and on to us. Remarkable!" * "Abel Selaocoe was thoroughly enjoyable both as a host and a musician. The part where he got the audience to join in the singing was very fun. It was one of the most exciting, enjoyable concerts I've ever seen and I've been a season ticket holder for over 30 years." * "We enjoy seeing Gabor Takacs-Nagy. He seems to really enjoy playing with the SPCO and they seem to enjoy playing with him." * "My seat was so close to the orchestras I was swept away with the music and the enthusiasm of Tabea Zimmermann and the whole orchestra." In addition to performances with current and former SPCO Artistic Partners, the orchestra also welcomed guest artists from near and far for a season programmed around Antonio Vivaldi's The Four Seasons. * Minnesota-based mezzo-soprano Clara Osowski returned for world premiere arrangements of American folk songs over Thanksgiving weekend. * Pianist Roman Rabinovich made his SPCO debut with Mozart's Piano Concerto No. 20 alongside baritone John Moore in Poulenc's The Masked Ball. * Bassist Yasushi Nakamura and percussionist Bernhard Schimpelsberger joined SPCO Artistic Partner Abel Selaocoe in a genre-bending program of world premiere arrangements. * Conductor and violinist Dmitry Sinkovsky returned to lead Mozart's 40th Symphony following his audience favorite performances of Handel's Messiah in the 2023.24 season. * Flutist Jasmine Choi made her SPCO debut with Mozart's Second Flute Concerto and a special arrangement of Sarasate's Zigeunerweisen. * Minnesota-based conductor William Eddins led the world premiere of Valerie Coleman's Sandbox premiere, All the People MAKING WORLD-CLASS MUSIC ACCESSIBLE TO EVERYONE IN THE TWIN CITIES COMMUNITY The impact of the SPCO's accessible ticket model for concerts continues to resonate with the community. The innovative Concert Membership program which allows audience members to attend unlimited concerts for a flat recurring fee grew by 29%, finishing the season with 2,300 Concert Members. This growth led to a 20% increase in the number of Concert Member tickets reserved, finishing out with 18,376 ticket reservations at the end of the season. Concert Members now make up 27% of the total audience. Twenty years after the SPCO committed to lower ticket prices and accessible pricing, the 2024.25 season saw 29% of tickets (19,961) sold for $16 or less. Additionally, 11,132 tickets 16% of the total audience were distributed free of charge, of which almost 64% went to children and students as part of the SPCO's New Generation Initiative, a suite of programs designed to dramatically expand access to classical music for young people in the Twin Cities community. This includes 42 school groups that were able to attend concerts with student tickets being completely free. Student and child tickets accounted for over 10% of the total audience during the season. The SPCO's accessibility initiatives extend beyond the concert hall, as the free digital Concert Library received 50,874 visits from Minnesota and 136,946 visits worldwide. The Concert Library currently hosts 13 video and 44 audio recordings of complete SPCO concerts. The Neighborhood Series continued to provide geographic accessibility for Twin Cities residents. In total, 30 concerts were performed as a part of the Neighborhood Series at seven locations across the Twin Cities for 21,288 audience members during the 2024.25 season. This included three concerts at the Capri Theater in North Minneapolis, which the SPCO has now partnered with for the past 15 seasons. In addition to free tickets for children and students, tickets for these concerts were free for Northside residents and families of Northside school students. As part of its efforts to elevate its presence and share music with neighbors in downtown Saint Paul, the SPCO collaborated with the Minnesota Wild to record the team's official anthem, The State of Hockey, which now plays before every home game at Grand Casino Arena. In addition to this special collaboration showcasing SPCO musicians, the four Arts Partnership organizations of downtown Saint Paul comprised of the SPCO, Minnesota Opera, Ordway and Schubert Club co-presented another summer of Ordway Inside Out, an outdoor event series in Rice Park that utilizes digital technology to dramatically increase access to to artistic programming in downtown Saint Paul. As part of Ordway Inside Out, in July 2024, the SPCO presented its recording of Schubert's The Great C Major Symphony with Richard Egarr to an audience of 200 gathered in Rice Park. The 2024.25 season also saw the Arts Partnership's co-presentation of Terence Blanchard's Fire Shut Up in My Bones, a concert production that featured excerpts from the opera performed by the composer, the famed Turtle Island Quartet, and two guest singers. Form 990, Part VI, Section A, line 1a The Board of Directors may designate an Executive Committee with such members and duties as may be specified by the Board of Directors from time to time. All Executive Committee members shall be Directors. The Executive Committee shall at all times be subject to the control and direction of the Board of Directors. One-third (1/3) of the Executive Committee shall constitute a quorum. A majority of the votes cast shall govern in every matter voted upon. Form 990, Part VI, Section A, line 6 The organization's voting members consist of the members of the Board of Directors and the Governing Members of the organization. All persons and organizations that contribute or pledge at least $2,500 during the organization's most recent or current fiscal year are qualified to be in the pool of candidates to join the Governing Members. Form 990, Part VI, Section A, line 7a Each year the Governance Committee of the Board of Directors submits a list of recommended nominees for approval by the voting members at the Annual Meeting. Form 990, Part VI, Section B, line 11b The return is reviewed by the Chief Financial Officer and Finance Committee prior to Board review. A copy of the Form 990 is provided to the Board and approved before it is filed. Form 990, Part VI, Section B, line 12c All officers, directors, and key employees are required to sign a conflict of interest form annually. The Executive Assistant reviews the forms and forwards any items noted to the Governance Committee for review. The restrictions imposed on a person with a conflict are determined by the Governance Committee and would typically include a restriction from voting on matters related to the conflict. Form 990, Part VI, Section B, line 15 For the President & Managing Director position and for the Artistic Director position, rebuttable presumptions data is compiled and reviewed, and the general parameters of each employment agreement is compared against this data before an employment agreement is finalized. Annually, review committees of board members undertake performance evaluations of the President/Managing Director and the Artistic Director and address their respective compensation. Other officers or key employees follow the regular organization-wide practices where compensation is reviewed periodically with industry salary survey data and is commensurate with the position and experience of the individual. If appropriate, rebuttable presumption data is reviewed and compared for the other officers or key employees. Form 990, Part VI, Section C, line 19 The organization posts its audited financial statements on its website, and these statements are also available upon request. Governing documents and the conflict of interest policy are available to the public upon request and at the organization's discretion. Form 990, Part XI, line 9: Change in value of gift annuities -2,840. Change in value of trust 45,085. Arts Partnership 345 Washington Street St Paul MN 55102 262507419 Support Arts Partners in Twin Cities MN 501(c)(3) Line 12a, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0