2024-04-15T19:27:27-05:00 2023-05-31 BDO USA 600 NORTH PEARL ST SUITE 1700 DALLAS TX 75201 990 2022-06-01 751529851 DALLAS SYMPHONY FOUNDATION % DEANIE SEWELL CONTROLLER DALL 2148714000 2301 FLORA STREET STE 300 DALLAS TX 75201 COLEY CLARK President 2148714000 2024-04-15 COLEY CLARK 999009999 Laurie B Elmore CPA P00228866 2149697007 2 2022 2023-04-26 12:10:37Z COLEY CLARK 2301 FLORA STREET STE 300 DALLAS TX 75201 108866086 false X www.dallassymphony.org X 1976 TX The Dallas Symphony Foundation is operated for the benefit of, and to further the purposes of the Dallas Symphony Association 15 15 0 0 3260996 2387833 0 0 9719271 6874246 0 0 12980267 9262079 9567866 8597412 0 0 0 0 0 0 0 590541 620614 10158407 9218026 2821860 44053 145117113 137396891 73929 200845 145043184 137196046 THE PURPOSE OF THE DALLAS SYMPHONY FOUNDATION IS TO MANAGE AND INVEST AN ENDOWMENT FUND FOR THE BENEFIT OF THE DALLAS SYMPHONY ASSOCIATION (75-0705442), AND TO MAKE ANNUAL DISTRIBUTIONS TO THE DALLAS SYMPHONY ASSOCIATION FROM THIS ENDOWMENT FUND. DURING THE FISCAL YEAR ENDING MAY 31, 2023, THE FOUNDATION DISTRIBUTED $8,597,412 TO THE ASSOCIATION. false false 8599813 8597412 6874246 The purpose of the Dallas Symphony Foundation is to manage and invest an endowment fund for the benefit of the Dallas Symphony Association (75-0705442), and to make annual distributions to the Dallas Symphony Association from this endowment fund. During the fiscal year ending May 31, 2023, the Foundation distributed $8,597,412 to the Association as the annual distribution. 8599813 true true false false false false false false false true false true false false false true true true false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true false false false X X DEANIE SEWELL CONTROLLER 2148714014 2301 FLORA STREETSUITE 300 dallas TX 75201 Harold M Brierley BOARD MEMBER 0.0 0.0 X 0 0 0 Cherryl Peterman Board Member - TREASURER 0.0 0.0 X X 0 0 0 Coley Clark Board Member - President 0.0 0.0 X X 0 0 0 Joseph F Hubach Board Member - Vice President 0.0 0.0 X X 0 0 0 John Dayton Board Member 0.0 0.0 X 0 0 0 Linda McFarland Board Member 0.0 0.0 X 0 0 0 Robert E Segert Board Member 0.0 0.0 X 0 0 0 Melissa Ruman Stewart Board Member - Secretary 0.0 0.0 X X 0 0 0 Maise Heiken Board Member 0.0 0.0 X 0 0 0 Andrew Nall Board Member - Vice President 0.0 0.0 X X 0 0 0 Marc Nivet Board Member 0.0 0.0 X 0 0 0 Yon Y Jorden BOARD MEMBER - VICE PRESIDENT 0.0 0.0 X X 0 0 0 Brian Ratner BOARD MEMBER - VICE PRESIDENT 0.0 0.0 X X 0 0 0 Jeffrey M Robinson BOARD MEMBER - SECRETARY 0.0 0.0 X X 0 0 0 Richard Schulze BOARD MEMBER 0.0 0.0 X 0 0 0 0 0 0 0 false false false 0 2387833 2387833 0 3085916 3085916 0 0 0 0 0 103392337 99604007 3788330 3788330 3788330 0 0 0 0 0 0 0 0 0 0 9262079 6874246 8597412 8597412 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FEES TO INVESTMENT MGRS 618213 618213 AMORT. GIFT ANNUITY 2401 2401 9218026 8599813 618213 0 0 0 0 0 532575 1105176 130806 262966 0 0 0 0 0 0 0 0 0 0 0 0 132299898 114390558 11257890 21337247 0 0 0 0 895944 300944 145117113 137396891 0 0 73929 200845 0 0 0 0 0 0 0 0 0 0 0 0 0 0 73929 200845 X 3201772 4674066 141841412 132521980 145043184 137196046 145117113 137396891 X 44053 -7893592 2401 X false true X true false X X 1 DALLAS SYMPHONY ASSOCIATION 750705442 2 true 8597412 0 1 8597412 0.00000 true false false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 145043184 2387833 -1637559 8597412 137196046 156916763 3260996 -5566709 9567866 145043184 131383798 1679351 35815064 11961450 156916763 131255619 1958314 5467466 7297601 131383798 139376244 2293586 124408 10538619 131255619 0.03000 0.65000 0.32000 false false OTHER SECURITY 21337247 F 21337247 0 0 750274 -7893592 -618213 -8511805 9262079 9262079 8597412 8597412 618213 2401 620614 9218026 schedule d, part xi, line 2d and Sch D, Part XII, line 4a-fees to inv mgr Investment income on the financial statements is a net number, i.e. investment income less related expenses is shown on the audit report. SCH D, PART XI, LINE 4B and Sch D, Part XII, Line 4b Annuity Payments SCHEDULE D, PART X, ITEM 2 - FIN 48 DISCLOSURE THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECONCILIATION FROM MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGEMENT OCCURS. MANAGEMENT BELIEVES THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS. Schedule D, Part V, Line 4 The endowment's intended uses are for both restricted distributions in accordance with donor designations and distributions for general operating expenses. true DALLAS SYMPHONY ASSOCIATION 2301 FLORA STREET SUITE 300 DALLAS TX 75206 750705442 501(c)(3) 8597412 FMV N/A Operations, support PART VI, SECTION B, LINE 12A-C - CONFLICT OF INTEREST POLICY THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. A CONFLICT OF INTEREST QUESTIONNAIRE IS SENT OUT ANNUALLY TO EVERY MEMBER OF THE GOVERNING BODY. THE RESULTS ARE REVIEWED TO DETERMINE WHETHER THERE ARE ANY MEMBERS OF THE GOVERNING BODY WHO ARE NOT INDEPENDENT. PART VI, SECTION B, LINE 11B - TAX RETURN PREPARATION The 990 is prepared by the Sr. Staff Accountant and the Controller, reviewed by the Controller, Chief Financial Officer and the President and CEO of the Dallas Symphony Association. The form and all supporting documents are provided to Tax Accountants at BDO USA for review and entry into an efile system. The return is reviewed by outside legal counsel. The Form 990 is also reviewed by the Dallas Symphony Association Audit Committee (the Association Audit Committee is authorized to review the 990 of the DSF) Prior to being filed. Upon final review by the audit committee, the return/e-file authorization is signed by the President and CEO of the Dallas Symphony Association. A copy is provided to the Board of Directors. PART VI, SECTION B, LINE 13 - WHISTLE BLOWER POLICY THE ORGANIZATION FOLLOWS THE WHISTLEBLOWER POLICY OF THE DALLAS SYMPHONY ASSOCIATION. PART VI, SECTION B, LINE 14 - DOCUMENT RETENTION THE ORGANIZATION FOLLOWS THE DOCUMENT RETENTION AND DESTRUCTION POLICY OF THE DALLAS SYMPHONY ASSOCIATION. PART VI, SEC. B, LINE 15 - NO COMPENSATION FOR DIRECTORS THE ORGANIZATION DOES NOT COMPENSATE ANY DIRECTORS. PART VI, SECTION C, LINE 19 - FINANCIAL STATEMENTS AVAILABLE THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE GUIDESTAR WEBSITE AND BY REQUEST. CONFLICTS OF INTEREST POLICY IS AVAILABLE VIA REQUEST. THE RESTATED CERTIFICATE OF FORMATION IS AVAILABLE TO THE PUBLIC VIA ANOTHER'S WEBSITE. THE BYLAWS ARE NOT MADE AVAILABLE TO THE PUBLIC. PART XI, LINE 5 - NET UNREALIZED GAIN/LOSS ON INVESTMENTS The other changes in net assets amount agrees with Sch D, part XI, line 2a. Line 2a is Net unrealized gains/(losses)on investments. PART VIII, LINE 1F - STATEMENT OF REVENUE RECONCILIATION RECONCILIATION FROM GENERAL LEDGER TO THE TAX RETURN: CONTRIBUTIONS PER GL .................................... 1,817,633 CHANGE IN NET PRESENT VALUE OF PLEDGES .................. 572,601 CHANGE IN ANNUITY........................................ (2,401) TOTAL PER AFS (TOTAL PART VIII, LINE 1F)............... = 2,387,833 DALLAS SYMPHONY ASSOCIATION 2301 FLORA STREET SUITE 300 DALLAS TX 75201 750705442 MUSIC PRODCT TX 501(c)(3) 509(A)(2) DAL SYM ASSC false false true false true false false false false false false false false false true true true false false false SEE PART VII Part V, line 2 (1)(d) - THE BOARD OF DIRECTORS ESTABLISHED A MAXIMUM ANNUAL DISTRIBUTION LIMITED TO 5% OF THE AVERAGE MARKET VALUE OF THE ASSETS AS OF THE END OF THE PREVIOUS TWELVE QUARTERS.