2024-03-14T13:27:37-05:00 2023-04-30 742533381 JAYNES REITMEIER BOYD & THERRELL PC 5400 BOSQUE BLVD STE 600 WACO TX 767104459 990 2022-05-01 746062658 WACO SYMPHONY ASSOCIATION INC WACO 2547541035 600 AUSTIN AVE SUITE 10 WACO TX 76701 CAROLYN BESS EXECUTIVE DIRECTOR 2547541035 2024-03-13 1 CAROLYN BESS 999009999 0 NANCY A LIVINGSTON P00044678 2547764190 2024-03-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CAROLYN BESS 600 AUSTIN AVE SUITE 10 WACO TX 76701 1135886 0 X WACOSYMPHONY.COM X 1962 TX SUPPORT OF THE WACO SYMPHONY AND RELATED EVENTS 46 46 4 75 35875 0 448839 523908 541124 517820 992 1092 0 56090 990955 1098910 23652 31050 0 0 214537 224994 0 0 113183 766228 750845 1004417 1006889 -13462 92021 380153 558950 26382 113158 353771 445792 X WACO SYMPHONY ASSOCIATION'S MISSION IS TO PRESENT LIVE CLASSICAL MUSIC THAT WILL ENRICH THE CULTURAL LIFE OF OUR COMMUNITY. 0 0 742583 22650 446483 CONCERTS - IN LINE WITH THE WACO SYMPHONY'S MISSION STATEMENT OF BRINGING CLASSICAL MUSIC TO THE LOCAL COMMUNITY, THE WACO SYMPHONY PRESENTED FIVE CLASSICAL CONCERTS DURING THE YEAR WHICH INCLUDED GUEST ARTISTS NORM LEWIS, JEREMY DENK AND GIL SHAHAM. THE SEASON ALSO HIGHLIGHTED NICHOLAS BARDONNAY'S GRAND CANYON SUITE VISUAL CONCERTO, WHICH BROUGHT THE MUSIC TO LIFE WITH STUNNING PHOTOGRAPHY OF THE GRAND CANYON. A SPECIAL HOLIDAY SEAON PERFORMANCE OF THE NUTCRACKER TOOK PLACE IN DECEMBER.THE WSA PROVIDES AN INTERNSHIP FOR UNDERGRAD OR GRADUATE STUDENTS MAJORING IN MUSIC PERFORMANCE, WHICH AFFORDS THEM AN OPPORTUNITY TO PERFORM WITH THE WACO SYMPHONY ORCHESTRA. IN ADDITION TO THE OPPORTUNITY TO PERFORM WITH A PROFESSIONAL ORCHESTRA THROUGH THE INTERNSHIP, STUDENTS ARE AWARDED A SCHOLARSHIP FOR THEIR COLLEGE EDUCATION. 22843 8000 21072 CHILDREN'S EDUCATION: BELLES AND BRASS - THE WACO SYMPHONY ASSOCIATION'S LONG-STANDING BELLE AND BRASS PROGRAM ACCEPTS HIGH SCHOOL SOPHOMORE AND JUNIOR GIRLS AND JUNIOR BOYS IN AN ETIQUETTE TRAINING AND CLASSICAL MUSIC APPRECIATION PROGRAM WHICH NOT ONLY INTRODUCES YOUNG STUDENTS TO THE WORLD OF CLASSICAL MUSIC BUT ALSO ENCOURAGES THEIR PARENTS TO ATTEND ALL SYMPHONY CONCERT PERFORMANCES. PARTICIPANTS IN THE PROGRAM SERVE AS VOLUNTEER GREETERS AT THE CONCERTS. THE BELLES & BRASS PROGRAM FOR THE 2022-23 YEAR INCLUDED 23 JUNIOR SYMPHONY BELLES, 42 SOPHOMORE SYMPHONY BELLES AND 13 SYMPHONY BRASS. ADOPT-A-SCHOOL- THE WACO SYMPHONY ASSOCIATION DONATES FUNDS TO SCHOOL ORCHESTRAS FOR NEW INSTRUMENTS, REFURBISHMENT OF CURRENT INSTRUMENTS, AND OTHER ITEMS NEEDED TO PROVIDE AN OPPORTUNITY TO STUDENTS TO PLAY IN THE SCHOOL ORCHESTRA. CHILDREN'S CONCERT- EVERY FALL, THE WACO SYMPHONY ORCHESTRA PRESENTS A CONCERT FOR WACO AREA SCHOOL CHILDREN TO EXPOSE STUDENTS TO CLASSICAL ORCHESTRAL MUSIC. 10834 400 14390 WACO SYMPHONY YOUTH ORCHESTRA- THE ASSOCIATION SPONSORS THE WACO SYMPHONY YOUTH ORCHESTRA AND ALSO PAYS TUITION FOR SELECT STUDENTS AS NEEDED AND REQUESTED. 776260 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 129 0 4 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 46 46 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X CAROLYN BESS 2547541035 600 AUSTIN AVENUE SUITE 10 WACO TX 76701 ANN HARDER PRESIDENT 2.00 X X 0 0 0 REX DAVIS PRESIDENT-ELECT 1.00 X X 0 0 0 LISA LACY VICE-PRES.,ARTISTC ADVI 1.00 X X 0 0 0 JOE CALAO VICE-PRES.,NOMINATING 1.00 X X 0 0 0 JON GIMBLE VICE-PRES.,AUDIENCE DEVELO 1.00 X X 0 0 0 HEYWARD GREEN VICE-PRES.,STRATEGIC PLANN 1.00 X X 0 0 0 JERRY POWELL VICE-PRES.,FOUNDATION 1.00 X X 0 0 0 NANCY LIVINGSTON VICE-PRES.,FINANCE 1.00 X X 0 0 0 CAROL SEDBERRY VICE-PRES.,EDUCATION 1.00 X X 0 0 0 DONALD LEWIS CO-VICE-PRES.,SPONSORSHIP 1.00 X X 0 0 0 DIANNE SAWYER CO-VICE-PRES.,SPONSORSHIP 1.00 X X 0 0 0 ALICE STARR CO-VICE-PRES.,SPECIAL PROJECT 1.00 X X 0 0 0 EDITH REITMEIER CO-VICE-PRES.,SPECIAL PROJECT 1.00 X X 0 0 0 SARAH AYNESWORTH CO-VICE-PRES.,HOSPITALITY 1.00 X X 0 0 0 CANDY SWENKE CO-VICE-PRES.,HOSPITALITY 1.00 X X 0 0 0 ALEC BURRISS CO-VICE-PRES.,CONCERTO CI 1.00 X X 0 0 0 DEBRA BURLESON SECRETARY 1.00 X X 0 0 0 SUZANNE ALEXANDER COUNCIL PRESIDENT 1.00 X X 0 0 0 DAVE INNIS EXECUTIVE COMMITTEE 1.00 X 0 0 0 MIKE RAYMOND EXECUTIVE COMMITTEE 1.00 X 0 0 0 LIZ AREND DIRECTOR 1.00 X 0 0 0 JEFFREY ARMSTRONG DIRECTOR 1.00 X 0 0 0 SALLY BLEDSOE DIRECTOR 1.00 X 0 0 0 TRACI BRENNAN DIRECTOR 1.00 X 0 0 0 KATHLEEN BROWN DIRECTOR 1.00 X 0 0 0 GARY COLEY DIRECTOR 1.00 X 0 0 0 STEPHEN H CORWIN DIRECTOR 1.00 X 0 0 0 PHILLIP CRAWFORD DIRECTOR 1.00 X 0 0 0 RHETT DAWSON DIRECTOR 1.00 X 0 0 0 RHONDA ERWIN DIRECTOR 1.00 X 0 0 0 LIZ FRALEY DIRECTOR 1.00 X 0 0 0 GLENN HANNA DIRECTOR 1.00 X 0 0 0 HARRY HARELIK DIRECTOR 1.00 X 0 0 0 DAN INGHAM DIRECTOR 1.00 X 0 0 0 RODNEY KROLL DIRECTOR 1.00 X 0 0 0 LAURA LALANI DIRECTOR 1.00 X 0 0 0 WILLIAM LECHNER DIRECTOR 1.00 X 0 0 0 JOAQUIN LUGO DIRECTOR 1.00 X 0 0 0 TOM LUPFER DIRECTOR 1.00 X 0 0 0 SANDY MCCORMACK DIRECTOR 1.00 X 0 0 0 JOHNETTE MCKOWN DIRECTOR 1.00 X 0 0 0 LORIE O'NEILL DIRECTOR 1.00 X 0 0 0 SARA RICHIE DIRECTOR 1.00 X 0 0 0 RANDY RIGGS DIRECTOR 1.00 X 0 0 0 TYRHA LINDSEY-WARREN DIRECTOR 1.00 X 0 0 0 CAROLYN BESS EXECUTIVE DIRECTOR 50.00 X 110369 0 0 110369 0 0 1 0 0 0 0 68081 30000 425827 22265 523908 TICKET SALES 711300 379914 379914 PROCESSING & HANDLING 711300 51022 51022 PROGRAM ADVERTISING 541800 35875 35875 BELLES & BRASS & CHILD 711300 21072 21072 BUS TICKETS & NUTCRACK 711300 15547 15547 14390 14390 517820 1092 1092 93066 36976 56090 56090 1098910 481945 35875 57182 8000 8000 23050 23050 111833 41378 25722 44733 88609 32786 20380 35443 8111 4299 1379 2433 16441 6083 3781 6577 16369 16369 30897 30897 3858 1543 1042 1273 20636 900 19736 2474 2474 1360 1360 3681 3681 MUSICIANS & SOLOISTS 549600 549600 PRINTING & POSTAGE 36405 18931 15654 1820 YOUTH EVENTS 25277 25277 IN KIND DONATIONS 22265 2795 19470 38023 30721 5868 1434 1006889 776260 117446 113183 228542 310548 150000 150000 2436 21366 21115 1611 251 0 95715 380153 558950 8782 13903 17600 3540 0 95715 26382 113158 X 353771 445792 353771 445792 380153 558950 92021 0 X 0 0 0 X 544985 465820 241178 854343 523908 2630234 544985 465820 241178 854343 523908 2630234 21173 2609061 2077 3126 3295 992 1092 10582 48297 24522 3935 34110 91965 202829 2843645 1405139 0.91750 0.93170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 154471 728062 9454 43179 6750 842058 170300 -15115 714 154471 79203 68476 23233 612 170300 109914 -3639 26380 692 79203 107321 4695 112 1990 109914 0.00000 0.59712 0.40288 1 0 21366 21115 251 251 RIGHT OF USE ASSETS 95715 95715 RIGHT OF USE LIABILITY 95715 95715 X 1173061 37175 36976 74151 1098910 0 1098910 1081040 37175 36976 74151 1006889 0 1006889 PART V, LINE 4: WACO SYMPHONY ASSOCIATION IS THE BENEFICIARY OF PERMANENTLY RESTRICTED FUNDS HELD BY THE WACO FOUNDATION AND COMMUNITY BANK & TRUST. THE NET DISTRIBUTABLE INCOME IS PAID ANNUALLY TO THE WACO SYMPHONY ASSOCIATION, UNLESS THE WACO FOUNDATION AND THE WACO SYMPHONY ASSOCIATION AGREE TO ACCUMULATE THE NET INCOME OR FUTURE DISTRIBUTION OR ADD IT TO PRINCIPAL. DISTRIBUTIONS OF PRINCIPAL MAY BE MADE AT THE SOLE DISCRETION OF WACO FOUNDATION FOR THE FUNDS HELD BY THEM AND NO PRINCIPAL MAY BE DISTRIBUTED FROM THE FUND HELD AT COMMUNITY BANK & TRUST. THE ORGANIZATION HAS $9,811 OF ACCUMULATED INCOME AVAILABLE TO THEM AT WACO FOUNDATION AS OF APRIL 30, 2023. BECAUSE THE ACCUMULATED INCOME HAS NOT BEEN REQUESTED AND TRANSFERRED TO THE WACO SYMPHONY ASSOCIATION, THE ORGANIZATION IS TAKING THE POSITION THE ACCUMULATED INCOME IS BOARD-DESIGNATED OR QUASI-ENDOWMENTS. PART X, LINE 2: INCOME TAX FOOTNOTE TO THE FINANCIAL STATEMENTS: THE ORGANIZATION HAS BEEN GRANTED EXEMPTIONS FROM FEDERAL INCOME TAXES UNDER SEC. 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES, AND THERE WERE NO UNCERTAIN TAX POSITIONS FOR FISCAL YEARS 2023 AND 2022. THE ORGANIZATION FILES ITS FORM 990 IN THE U.S. FEDERAL JURISDICTION,AND IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE THREE YEARS AFTER FILING. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED WITH REVENUE ON 990 36,976. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE NETTED WITH REVENUE 36,976. BELLES & BRASS PRESENTATION & GALA 24775 24775 14332 6500 1108 SYMPHONY IN THE CITY 46451 46451 14814 1 21840 21840 93066 93066 14332 6500 15922 36754 56312 1 WACO INDEPENDENT SCHOOL DISTRICT 501 FRANKLIN AVENUE WACO TX 76701 746002532 115 8000 0 GRANTS FOR THE SCHOOL ORCHESTRAS AT TENNYSON AND LAKE AIR SCHOOLS. 1 STUDENT INTERNSHIP SCHOLARSHIP TO PROVIDE COLLEGE UNDERGRADUATE MUSIC STUDENTS THE OPPORTUNITY TO PLAY IN THE ORCHESTRA. 36 22650 TUITION ASSISTANCE FOR WACO SYMPHONY YOUTH ORCHESTRA MEMBERS 4 400 PART I, LINE 2: ONLY STUDENTS ENROLLED IN AN UNDERGRADUATE OR GRADUATE MUSIC PROGRAM ARE ELIGIBLE FOR A MUSIC INTERNSHIP SCHOLARSHIP. THESE STUDENTS ARE GIVEN THE OPPORTUNITY TO PERFORM WITH THE WACO SYMPHONY ORCHESTRA DURING THE SEMESTER THAT THEY RECEIVE THE SCHOLARSHIP. TUITION ASSISTANCE FOR WACO SYMPHONY YOUTH ORCHESTRA PARTICIPANTS IS GRANTED BASED ON NEED. THE PROVISION OF FUNDS TO WACO INDEPENDENT SCHOOL DISTRICT IS DIRECTED TO THE ORCHESTRA PROGRAMS AT TWO MIDDLE SCHOOLS AND IS USED ONLY FOR THE THE ORCHESTRAL PROGRAM. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS DISTRIBUTED TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING IF TIME PERMITS OR AT THE FIRST BOARD MEETING FOLLOWING FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF DIRECTORS, COMMITTEES, AND THE EXECUTIVE DIRECTOR ARE REQUIRED TO ANNUALLY REVIEW THE ORGANIZATION'S CONFLICT OF INTERST POLICY AND COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM TO BE REVIEWED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15A THE FINANCE COMMITTEE DETERMINES THE SALARY OF THE EXECUTIVE DIRECTOR, CONSIDERING THE DUTIES OF THE POSITION AND THE MARKET WAGE FOR THE POSITION. THE EXECUTIVE DIRECTOR WORKS IN CONJUNCTION WITH THE FINANCE COMMITTEE TO DETERMINE THE SALARIES OF OTHER POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 COPIES ARE AVAILABLE UPON REQUEST. WACO SYMPHONY FOUNDATION P O BOX 1202 WACO TX 76703 742497888 CONTRIBUTION TO THE WACO SYMPHONY ORCHESTRA TX 501(C)(3) 11 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0