2026-07-13T09:52:28+00:00 2025-08-31 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2024-09-01 350998627 INDIANA SYMPHONY SOCIETY INC INDI 3172621100 32 EAST WASHINGTON STREET 600 INDIANAPOLIS IN 462042919 James M Johnson CEO 3172621100 2026-07-13 true Jennifer Burke P01342224 3128997000 2026-07-13 2024 2025-03-06 01:10:19Z James M Johnson 32 EAST WASHINGTON STREET 600 INDIANAPOLIS IN 462042919 32990106 false X WWW.INDIANAPOLISSYMPHONY.ORG X 1937 IN The Indianapolis Symphony Orchestra inspires and unites our community through our music 31 31 527 127 52050 0 13895731 22379521 9430299 9502444 85094 51884 -60366 -2157 23350758 31931692 0 0 15493573 15579770 0 1663436 12379091 12154200 27872664 27733970 -4521906 4197722 8991393 14009654 8583699 8874201 407694 5135453 The Indianapolis Symphony Orchestra inspires and unites our community through our music. false false 23426853 10055726 THE INDIANAPOLIS SYMPHONY ORCHESTRA IS THE LARGEST PERFORMING ARTS ORGANIZATION IN THE STATE OF INDIANA, PERFORMING A YEAR-ROUND SCHEDULE OF CONCERTS AND EDUCATION PROGRAMS. EACH SEASON, THE INDIANAPOLIS SYMPHONY ORCHESTRA PRESENTS A WIDE REPERTOIRE OF ORCHESTRAL MUSIC, INCLUDING COMMISSIONS OF NEW MUSIC, BOTH CLASSICAL AND POPS. CONCERTS INCLUDE PROGRAMS OF CLASSICAL MUSIC, SYMPHONIC POPS PERFORMANCES, FAMILY ORIENTED PROGRAMS, HOLIDAY PROGRAMS, UNCHARTED, THE OUTDOOR SUMMER SERIES AND MANY MORE. THE INDIANAPOLIS SYMPHONY ORCHESTRA IS DEDICATED TO LEADING THE FIELD IN MUSIC EDUCATION. SYMPHONY MUSICIANS AND STAFF CREATE PIONEERING LEARNING OPPORTUNITIES FOR PARTICIPANTS THROUGHOUT THE STATE THROUGH A VARIETY OF PROJECTS WHICH IMPACT STUDENTS AND ADULTS IN THE INDIANAPOLIS SYMPHONY ORCHESTRA'S LEARNING COMMUNITY. THE METROPOLITAN YOUTH ORCHESTRA WHICH IS A YOUTH AND FAMILY DEVELOPMENT PROGRAM OF THE LEARNING COMMUNITY USES THE LIFE SKILLS LEARNED IN MUSIC INSTRUCTION TO ENGAGE YOUTH IN ACTIVITIES THAT DISCOURAGE AT-RISK BEHAVIORS AND KEEP THEM COMMITTED TO STAYING IN SCHOOL. THE HISTORIC HILBERT CIRCLE THEATRE ON MONUMENT CIRCLE IN DOWNTOWN INDIANAPOLIS IS HOME TO THE INDIANAPOLIS SYMPHONY ORCHESTRA AND IS OWNED BY THE ORANGIZATION'S FOUNDATION. OUTSIDE THE THEATRE, THE INDIANAPOLIS SYMPHONY CAN BE HEARD LIVE IN SEVERAL INDIANA COMMUNITIES. AS A LEADING MEMBER OF THE ARTS COMMUNITY IN INDIANAPOLIS, THE INDIANAPOLIS SYMPHONY ORCHESTRA COLLABORATES ON A REGULAR BASIS WITH OTHER ARTS COMPANIES INCLUDING DANCE KALEIDOSCOPE, THE INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS, AND THE AMERICAN PIANISTS ASSOCIATION. 23426853 true true false false false false false false false true true false false true true true true false false false false false false false true false false false false true false false false false false false false false false false true false false false false true false false false false true 197 1 true 527 true true true false false false false true true false false false false false false X 31 31 true false false false false true false true true false false false true true true true true true true false false false IN X Jennifer Janik 3172621100 32 EAST WASHINGTON STREET NO 600 INDIANAPOLIS IN 462042919 Christina Bodurow PHD Secretary 2.0 X X 0 0 0 Eric Sutphin Interim Chair and Treasurer 2.0 X X 0 0 0 Matthew Gutwein Vice Chair 2.0 X X 0 0 0 Phil Kenney Vice Chair (through February 2025) 2.0 X X 0 0 0 Alice K Schloss Director 2.0 X 0 0 0 Andrew Cardimen Director (as of January 2025) 2.0 X 0 0 0 Bruce McCaw Director 2.0 X 0 0 0 C Daniel Yates Director 2.0 X 0 0 0 Cheryl J Dick Director 2.0 X 0 0 0 Christopher Slapak MD Director 2.0 X 0 0 0 Craig Fenneman Director (through October 2024) 2.0 X 0 0 0 David Wilcox Director 2.0 X 0 0 0 Debbie Johnson Director (as of January 2025) 2.0 X 0 0 0 Eloise Paul Director 2.0 X 0 0 0 Fred Winters Director 2.0 X 0 0 0 Greg Loewen Director (through July 2025) 2.0 X 0 0 0 Gustavo Garavaglia Director (as of January 2025) 2.0 X 0 0 0 J Albert Smith Jr Director 2.0 X 0 0 0 Jackie Nytes Director 2.0 X 0 0 0 Jeff Reider Director (as of January 2025) 2.0 X 0 0 0 Jennifer Mentink Director (as of January 2025) 2.0 X 0 0 0 Justin Hayes Director (as of January 2025) 2.0 X 0 0 0 Justin Sufan Director 2.0 X 0 0 0 Karen Ann P Lloyd Director 2.0 X 0 0 0 LaTonya Turner PhD Director (through December 2024) 2.0 X 0 0 0 Laurie Gutmann MD Director (as of January 2025) 2.0 X 0 0 0 Lucia J Mar Director (through October 2024) 2.0 X 0 0 0 Matthew M Gardlik PHD Director (as of January 2025) 2.0 X 0 0 0 Natalie Furney Director (through August 2025) 2.0 X 0 0 0 Nicholas Schellinger Director 2.0 X 0 0 0 Peter A Morse Jr Director 2.0 X 0 0 0 Peter W Howard PHD Director 2.0 X 0 0 0 Sean L Huddleston PhD Director (through October 2024) 2.0 X 0 0 0 Shelly Langona Director (as of January 2025) 2.0 X 0 0 0 Steven Rake Director 2.0 X 0 0 0 Tori Weyers Director 2.0 X 0 0 0 Yecenia Tostado Director 2.0 X 0 0 0 Yvonne H Shaheen Director 2.0 X 0 0 0 James M Johnson CEO 37.5 X 258116 0 36300 Jennifer Janik CFO 37.5 X 151932 0 15881 Jack Everly Pops Conductor 37.5 X 291225 0 12682 Bennett Crantford Orchestra Personnel Manager and Musician 37.5 X 134941 0 17602 Christopher Williams Stage Manager 37.5 X 139102 0 33776 Ed Parsons VP of Artistic 37.5 X 151652 0 16917 Kevin Lin Concertmaster 37.5 X 269325 0 23207 Stephanie Hays-Mussoni VP of Development 37.5 X 157343 0 6037 1553636 0 162402 19 false true false Printing Partners Inc 929 W 16th Street Indianapolis IN 46202 Printing Services 315511 Sim2k 6330 E 75th St Indianapolis IN 46250 IT Services 140445 Mid-America Sound Corporation 6643 West 400 North Greenfield IN 46140 Audio and Lighting Services 139562 Johnson Grossnickle & Associates Inc 29 South Park Blvd Greenwood IN 46143 Consulting Services 124079 Indianapolis Ballet Inc 502 N Capitol Ave Ste B Indianapolis IN 46204 Artist Fee 123000 9 170543 9110679 67638 13030661 1299012 22379521 TICKET SALES & FEES INCOME 900099 9502444 9502444 0 0 0 0 9502444 51884 51884 65448 557554 -492106 0 -492106 -492106 0 0 78269 170543 194732 -116463 -116463 1130 50 1080 1080 643566 306078 337488 337488 MISCELLANEOUS INCOME 900099 165794 165794 Program Advertising 541800 52050 52050 FOUNDATION SERVICE FEE 900099 50000 50000 0 0 0 0 267844 31931692 10055726 52050 -555605 1188941 652461 536480 10915455 9633787 419241 862427 783131 731504 27138 24489 1751664 1519811 121875 109978 940579 782942 82863 74774 92167 92167 60848 60848 1163792 692530 150983 320279 1074624 1074624 1391200 572336 728355 90509 163959 163959 2036674 1937850 49412 49412 22414 12397 7968 2049 19300 10090 8220 990 327651 318839 4406 4406 214274 31792 182482 GUEST ARTISTS 2470025 2470025 GENERAL PRODUCTION 1735598 1735598 CONCERT FRONT OF HOUSE 364393 364393 HOSPITALITY 244361 243806 555 772920 478109 170688 124123 27733970 23426853 2643681 1663436 1466668 1212125 33007 3952141 1979798 3234158 19135 16721 0 0 0 0 252692 222692 31061 38701 538792 506669 10987227 9019190 1560781 1968037 0 0 3109459 2858410 8991393 14009654 1370822 1826787 3104169 3347367 0 0 4108708 3700047 8583699 8874201 X -1691403 -1962650 2099097 7098103 407694 5135453 8991393 14009654 X 4197722 530037 X false true true false X 24354181 15455965 13990599 13896462 22379521 90076728 0 0 24354181 15455965 13990599 13896462 22379521 90076728 41242102 48834626 188086 202408 156762 131423 117332 796011 0 54507 65475 68200 52050 240232 14480 33856 128925 114213 215794 507268 91620239 37745809 0.53301 0.53267 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISCELLANEOUS INCOME, COLUMN A - 14480.0, COLUMN B - 33856.0, COLUMN C - 78925.0, COLUMN D - 64213.0, COLUMN E - 165794.0, COLUMN F - 357268.0; DESCRIPTION - FOUNDATION SERVICE FEE, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 50000.0, COLUMN D - 50000.0, COLUMN E - 50000.0, COLUMN F - 150000.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45032507 10000 1863698 780938 46125267 40995548 2750000 1956162 669203 45032507 41171033 1000 430861 607346 40995548 41370958 1550 422930 624405 41171033 37571663 55997 3743298 0 41370958 0.0 0.7909 0.2091 false true true 4111222 3846172 265050 6730878 5173018 1557860 145127 145127 1968037 Right of Use Asset 2852088 OTHER ASSETS 6322 2858410 Federal Income Taxes OTHER LIABILITIES 242210 PENSION LIABILITY 254762 GIFT CERTIFICATES 154075 Lease Liability 3049000 3700047 X 32684028 0 0 32684028 -752336 -752336 31931692 27956269 752336 752336 27203933 530037 530037 27733970 Schedule D, Part V, Line 4 Intended uses of endowment funds TO SUPPORT THE INDIANA SYMPHONY SOCIETY, INC. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Society is exempt from federal and state income taxes on related income under Section 501(c)(3) of the United States Internal Revenue Code and similar state law. The exemption is on all income except unrelated business income as noted under Section 511 of the Internal Revenue Code. Internal Revenue Code Section 513(a) defines an unrelated trade or business of an exempt organization as any trade or business which is not substantially related to the exercise or performance of its exempt purpose. The Society's net advertising income is considered unrelated business income. The Society's related advertising expenses offset related income and no tax was paid during 2025 and 2024. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Society and recognize a tax liability if the Society has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the Society, and has concluded that as of August 31, 2025 and 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying financial statements. The Society is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Society has filed its federal and state income tax returns for periods through August 31, 2024. These income tax returns are generally open to examination by the relevant taxing authorities for a period of three years from the later of the date the return was filed or its due date (including approved extensions). Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Fundraising and Gaming Expenses - -194782 tenant Expenses - -557554 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising and Gaming Expenses - 194782 Tenant Expenses - 557554 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Pension Liability Adjustment - 530037 Gala 211282 133013 78269 56383 36940 94798 Fore! the ISO 37530 37530 0 4525 2086 0 248812 170543 78269 60908 36940 96884 194732 -116463 X X false false false false false false false false false James M Johnson CEO 240557 0 15000 0 2559 0 7561 0 28739 0 294416 0 0 0 Jennifer Janik CFO 151594 0 0 0 338 0 4781 0 11100 0 167813 0 0 0 Jack Everly Pops Conductor 285591 0 0 0 5634 0 5320 0 7362 0 303907 0 0 0 Kevin Lin Concertmaster 269277 0 0 0 48 0 8170 0 15037 0 292532 0 0 0 Christopher Williams Stage Manager 138964 0 0 0 138 0 4412 0 29364 0 172878 0 0 0 Ed Parsons VP of Artistic 151314 0 0 0 338 0 4781 0 12136 0 168569 0 0 0 Stephanie Hays-Mussoni VP of Development 157005 0 0 0 338 0 4781 0 1256 0 163380 0 0 0 Bennett Crantford Orchestra Personnel Manager and Musician 134155 0 0 0 786 0 5120 0 12482 0 152543 0 0 0 25 751114 Market value X Food & Beverage 10 13187 Cost X equipment 3 188984 Cost X Video, Digital, Print Ads 10 272772 Cost X Printing 1 35000 Cost X cough drops 1 1330 Cost X Video Production 2 13200 Cost X Meeting Room 1 300 Cost X Instrument 1 13500 Market value X Flowers 1 9625 Cost 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - number of contributions Other - Food & Beverage number of contributions Other - equipment number of contributions Other - Video, Digital, Print Ads number of contributions Other - Printing number of contributions Other - cough drops number of contributions Other - Video Production number of contributions Other - Meeting Room number of contributions Other - Instrument Number of Contributions Other - Flowers number of contributions Form 990, Part VI, Line 2 SECTION A, LINE 2 AS PART OF THE CONFLICT OF INTEREST PROCESS, BOARD MEMBERS AND MANAGEMENT EMPLOYEES ARE ASKED TO DISCLOSE ANY DIRECT BUSINESS RELATIONSHIPS. THESE RELATIONSHIPS ARE REVIEWED TO ENSURE THAT ADEQUATE APPROVALS ARE SECURED FOR BUSINESS RELATIONSHIPS WITH THE ORGANIZATION, AND THAT BUSINESS RELATIONSHIPS BETWEEN BOARD MEMBERS DO NOT IMPACT THE GOVERNANCE STRUCTURE OF THE ORGANIZATION. Form 990, Part VI, Line 8b Executive committee The Society has an executive committee with the authority to act on behalf of the governing body. Form 990, Part VI, Line 15b Other Officer Compensation Compensation for the Executive Leadership Team is determined by the CEO based on performance, scope and responsibilities of the job, as well as comparison to comparable positions from the League of American Orchestras annual survey, at the time of hire. this process is not documented. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Karen Ann Lloyd - Business relationship, David Wilcox - Business relationship, Alexandra French - Business relationship, Peter Morse - Business relationship Form 990, Part VI, Line 7a Members or stockholders electing members of governing body INDIVIDUAL MEMBERS ARE THOSE WHO DONATE TO THE INDIANA SYMPHONY SOCIETY, INC. (SOCIETY) PER YEAR $100 OR MORE, AND CORPORATE MEMBERS ARE THOSE WHO DONATE TO THE SOCIETY PER YEAR $250 OR MORE. EVERY INDIVIDUAL MEMBER DONATING TO THE SOCIETY $500 OR MORE AND CORPORATE MEMBERS DONATING TO THE SOCIETY $1,000 OR MORE TO THE ANNUAL OPERATING FUND OF THE SOCIETY SHALL HAVE THE RIGHT AT THE ANNUAL MEETING OR SPECIAL MEETINGS OF THE MEMBERS OF THE SOCIETY TO ONE (1) VOTE FOR EACH MEMBERSHIP STANDING IN THAT NAME ON THE BOOKS OF THE SOCIETY. MEMBER ELECTED DIRECTORS ARE ELECTED BY THE VOTING MEMBERS OF THE SOCIETY AT THE ANNUAL MEETING OF THE SOCIETY. CANDIDATES FOR ELECTION AS MEMBER ELECTED DIRECTORS AT THE ANNUAL MEETING OF THE MEMBERS OF THE SOCIETY SHALL BE NOMINATED BY A BOARD AFFAIRS COMMITTEE OF THE BOARD. ANY GROUP OF FIVE (5) OR MORE VOTING MEMBERS OF THE SOCIETY MAY ALSO NOMINATE CANDIDATES FOR THE BOARD. Form 990, Part VI, Line 11b Review of form 990 by governing body THE SOCIETY HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS THEN REVIEWED BY THE AUDIT COMMITTEE. A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS ELECTRONICALLY PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO ALL BOARD MEMBERS AND MANAGEMENT WITH SPENDING AUTHORITY. IN ADDITION, EACH PERSON IS REQUIRED TO SIGN AND RETURN A FORM INDICATING THEY HAVE READ THE POLICY AND DISCLOSED ANY CONFLICTS OF INTEREST. ALL CONFLICTS ARE FIRST BROUGHT TO THE AUDIT CHAIR FOR REVIEW, THEN TO THE COMMITTEE WHERE NECESSARY ACTION WILL BE DECIDED IF THE CONFLICT IS DEEMED TO BE MATERIAL. Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPENSATION FOR THE CEO and executive leadership team IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF THE INDIANAPOLIS SYMPHONY ORCHESTRA . This process is performed and documented on an annual basis. Form 990, Part VI, Line 19 Required documents available to the public The Organization makes its form 990 available for public inspection as required under section 6104 of the Internal Revenue Code. The return is available on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation, Form 990, and by-laws are also available upon written request or by calling the organization directly. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Pension Liability Adjustment - 530037; Total - 530037; INDIANAPOLIS SYMPHONY ORCHESTRA FOUNDATION INC 32 EAST WASHINGTON ST NO 600 INDIANAPOLIS IN 46204 351812636 FINANCIAL SUPPORT OF INDIANA SYMPHONY SOCIETY IN 501(c)(3) 11 NA false false false true true true false false false false false true true false true true true true true true