2025-04-07T12:46:24-05:00 2024-06-30 341874260 CBIZ ADVISORS LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2023-07-01 591223691 THE FLORIDA ORCHESTRA FLOR 7273623331 244 2ND AVENUE NORTH 420 ST PETERSBURG FL 33701 IGNACIO BARRON VIELA PRESIDENT & CEO 7273623331 2025-04-03 1 1 LISA BURKE P00220718 8169455500 2025-04-03 2023 2025-03-06 01:10:19Z LINDA CASSALY 244 2ND AVENUE NORTH 420 ST PETERSBURG FL 33701 16014406 0 X WWW.FLORIDAORCHESTRA.ORG X 1967 FL TO INSPIRE-EDUCATE-UNITE AND BUILD COMMUNITY THROUGH THE TRANSFORMATIVE POWER OF MUSIC. 36 36 305 696 0 0 5868962 6981677 3480306 4449777 763260 1048070 64901 631908 10177429 13111432 0 0 0 0 7938660 8595049 0 0 399724 4553531 5270377 12492191 13865426 -2314762 -753994 15039564 13662829 5102993 3495962 9936571 10166867 X TO ENRICH THE LIFE OF THE TAMPA BAY AREA AS IT INSPIRES, EDUCATES AND BRINGS TOGETHER A WIDE AND DIVERSE AUDIENCE WITH LIVE SYMPHONIC MUSIC, ENSURING THAT FUTURE GENERATIONS WILL CONTINUE TO ENJOY THIS LIVING ART FORM THAT MAGNIFICENTLY CELEBRATES THE HUMAN SPIRIT. 0 0 10272817 3915804 CONCERT PERFORMANCES:FOR MORE THAN 56 YEARS, THE FLORIDA ORCHESTRA (TFO) HAS SERVED THE TAMPA BAY AREA AND BEYOND. TFO IS FLORIDA'S LARGEST PROFESSIONAL ORCHESTRA AND THE LARGEST PERFORMING ARTS ORGANIZATION THAT BRIDGES THE BAY. A TYPICAL TFO CONCERT SEASON ENCOMPASSES THE FULL BREADTH OF SYMPHONIC REPERTOIRE WITH MORE THAN 100 CONCERTS, IN ADDITION TO EDUCATION AND COMMUNITY PROGRAMS, THAT REACH A TOTAL OF 155,000 PEOPLE, UNDER THE LEADERSHIP OF MUSIC DIRECTOR MICHAEL FRANCIS. IN ADDITION TO STANDARD ORCHESTRAL WORKS, TFO PLAYS MUSIC FROM ROCK, POP, AND BROADWAY, AND COLLABORATES IN PRODUCTIONS WITH LOCAL THEATER, CHORAL AND OPERA COMPANIES. (CONTINUED ON SCHEDULE O)SERIES INCLUDE: -HOUGH FAMILY FOUNDATION MASTERWORKS: CORE CONCERT SERIES OF SYMPHONIC STANDARDS FROM BEETHOVEN TO STRAVINSKY, INCLUDING A WIDE RANGE OF DIVERSE COMPOSERS THAT REFLECT THE TAMPA BAY COMMUNITY AND BEYOND. THE PREMIER SERIES BRINGS RENOWNED GUEST ARTISTS FROM AROUND THE WORLD TO TAMPA BAY STAGES. CONCERTS INCLUDE PRE-CONCERT CONVERSATIONS TO DIVE DEEPER INTO THE MUSIC AND WEEKEND MATINEES FOR SELECT CONCERTS TO INCREASE ACCESSIBILITY.-MORNING MATINEES: MORNING MATINEE SERIES OF LIGHT SYMPHONIC FAVORITES IN RELAXED SETTING. INCLUDES PRE-CONCERT CONVERSATIONS. -RAYMOND JAMES POPS: SERIES OF POPULAR STANDARDS FROM BROADWAY TO FILM TO JAZZ INCLUDING WEEKEND MATINEES FOR SELECT CONCERTS.-SPECIAL CONCERTS: INCLUDING ROCK, FILM AND TFO'S ANNUAL FUNDRAISING GALA CONCERT WITH GUEST ARTISTS SUCH AS YO-YO MA, STING, ITZHAK PERLMAN, AND SEAL. 1400839 533973 EDUCATION AND COMMUNITY:TFO'S EXTENSIVE EDUCATION AND COMMUNITY ENGAGEMENT ACTIVITIES AND ACCESSIBILITY INITIATIVES MAKE IT POSSIBLE FOR A LARGE PORTION OF THE ORCHESTRA'S ANNUAL TOTAL AUDIENCE TO PARTICIPATE IN ITS SERVICES FREE OF CHARGE OR FOR LOW COST. THESE ACTIVITIES FOLLOW OUR COMMITMENT TO EDUCATE AND IMPACT A WIDE RANGE OF COMMUNITY MEMBERS OF ALL AGES, BACKGROUNDS, AND SOCIOECONOMIC MEANS, INCLUDING BUT NOT LIMITED TO: (CONTINUED ON SCHEDULE O)-MASTERWORKS CLASSICAL KIDS & TEENS TICKETS: OFFERS FREE MASTERWORKS TICKETS TO PATRONS AGES 5-18. -POPS KIDS & TEENS TICKETS: OFFERS REDUCED-PRICED TICKETS TO PATRONS AGES 5-18. -LIBRARY VOUCHER PROGRAM: OFFERS FREE TICKETS THROUGHOUT THE HILLSBOROUGH AND PINELLAS COUNTY PUBLIC LIBRARY SYSTEM TO LIBRARY PATRONS AND THEIR FAMILIES. FOR THE FIRST TIME, VOUCHERS WERE IMPLEMENTED IN THE TALKING BOOK LIBRARY FOR THE BLIND.-YOUTH CONCERTS: SERVES TWO OF THE LARGEST SCHOOL DISTRICTS IN THE AREA, HILLSBOROUGH AND PINELLAS, BY CURATING IMMERSIVE, ENGAGING YOUTH-CENTERED PROGRAMMING. TFO YOUTH CONCERTS ARE PROVIDED TO SCHOOLS AT NO COST, SERVING THOUSANDS OF STUDENTS IN GRADES 3, 4 AND 5. -FAMILY CONCERTS: COMMUNITY-BASED FAMILY CONCERTS OFFER A THEMED FULL-ORCHESTRA PERFORMANCE FOR FAMILIES OF ALL AGES, GEARED FOR PRE-K-12. THE CONCERTS CENTER AROUND AUDIENCE ENGAGEMENT, SHARED MUSIC ENRICHMENT AND EDUCATIONAL OPPORTUNITIES FOR FAMILIES. - POPS IN THE PARK CONCERTS: OUR BIGGEST CONCERTS OF THE YEAR SERVE A TOTAL OF ABOUT 30,000 RESIDENTS THROUGHOUT TAMPA BAY. THESE THREE, FULL-ORCHESTRA CONCERTS ARE FREE AND ACCESSIBLE TO ALL, ESPECIALLY FAMILIES, IN PUBLIC PARKS IN HILLSBOROUGH AND PINELLAS COUNTIES. PRE-CONCERT SHOWS PROVIDE A PLATFORM FOR COMMUNITY MUSICAL ORGANIZATIONS TO PERFORM FOR LARGE AUDIENCES.-INSTRUMENT PETTING ZOO: OFFERS OPPORTUNITY FOR COMMUNITY MEMBERS OF ALL AGES AND EXPERIENCE LEVELS TO TRY OUT AND PLAY INSTRUMENTS. INSTRUMENT PETTING ZOOS ARE FREE AND MOBILE, BROUGHT DIRECTLY TO PILLARS IN OUR COMMUNITIES: SCHOOLS, LIBRARIES, COMMUNITY/RECREATION CENTERS, 55+ COMMUNITIES, AND MORE.-SIDE BY SIDE OUTREACH: THESE FULL-ORCHESTRA SERVICES ARE FREE TO THE LOCAL YOUTH ORCHESTRA ORGANIZATIONS. STUDENT MUSICIANS, AGES 11-18, SIT SIDE-BY-SIDE WITH TFO MUSICIANS, CONDUCTED BY TFO'S RESIDENT CONDUCTOR. TFO MUSICIANS MENTOR AND PROVIDE LIVE FEEDBACK TO STUDENT MUSICIANS. INCLUDES Q/A SESSION AS WELL AS A FULL PERFORMANCE OPEN TO THE PUBLIC.-STRINGS PROJECT FOR KIDS: A FREE AFTER-SCHOOL MUSIC ENRICHMENT AND LIFE SKILLS STRINGS CLASS. CLASSES RUN THROUGHOUT THE ENTIRE SCHOOL YEAR. TWO BRANCHES EXIST, STRINGS FOR KIDS (ELEMENTARY STUDENTS AND COMMUNITY STRINGS PROJECT (MIDDLE AND HIGH SCHOOL SUMMER). STRINGS PROJECTS FOR KIDS STUDENTS PARTICIPATE IN TWO PERFORMANCES AS WELL AS SUPPLEMENTAL MUSIC ENRICHMENT ACTIVITIES. THE PROGRAM RESIDES IN TITLE 1 TRAUMA RESPONSE ELEMENTARY SCHOOLS AND UNDERSERVED COMMUNITIES AND SERVES STUDENTS GRADES 2-5.-LOBBY PERFORMANCE PROGRAM: ELEMENTARY, MIDDLE, HIGH SCHOOL, AND LOCAL COMMUNITY ENSEMBLES PERFORM FOR PATRONS IN THE CONCERT HALL LOBBY PRIOR TO TFO CONCERTS. SCHOOLS COME FROM THREE MAJOR COUNTIES: PASCO, HILLSBOROUGH, AND PINELLAS. TFO PROVIDE FREE TICKETS FOR STUDENT MUSICIANS TO ATTEND THE TFO CONCERT AFTER THE LOBBY PERFORMANCE.-TEACHING ARTIST PROGRAM: THIS PROGRAM SERVES MIDDLE SCHOOL AND HIGH SCHOOL ORCHESTRA PROGRAMS IN THE PINELLAS PUBLIC SCHOOL SYSTEM. TEACHING ARTISTS ARE HIGHLY TRAINED PROFESSIONAL MUSICIANS AND EDUCATORS. TEACHING ARTIST PROGRAM PRIORITIZES SUPPORTING NEW TEACHERS AND NON-STRING TEACHERS. A SUBSIDIARY PROGRAM, THE PARTNER SCHOOL PROGRAM, PRIORITIZES 3-4 TWO HIGH-NEED ORCHESTRA PROGRAMS. THE TEACHING ARTIST PROGRAM PROVIDES CONSISTENT WEEKLY SITE VISITS, MPA CLINICS, DIRECT IN-CLASSROOM AND CURRICULA SUPPORT, AND ANY ADDITIONAL NEEDS REQUESTED BY INDIVIDUAL SCHOOL OR THE SCHOOL DISTRICT. SERVES HUNDREDS OF STUDENTS EACH WEEK.-SING OUT TAMPA BAY: A COMMUNITY CHORUS OPEN TO ALL COMMUNITY MEMBERS OF ALL AGES. COMMUNITY CHORUS MEMBERS PARTICIPATE IN A PUBLIC CONCERT IN THE CONCERT HALL WITH TFO FULL ORCHESTRA AND THE MUSIC DIRECTOR. 11673656 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 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 87 0 1 305 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 36 36 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X X IGNACIO BARRON VIELA PRESIDENT C 7273623331 244 2ND AVE N STE 420 ST PETERSBURG FL 33701 GREGORY C YADLEY CHAIR OF THE BOARD 1.00 X X 0 0 0 LINDA CASSALY VICE-CHAIR 1.00 X X 0 0 0 GREG RUST TREASURER 1.00 X X 0 0 0 CAROL BALKCOM SECRETARY 1.00 X X 0 0 0 BARRY ALPERT BOARD MEMBER 1.00 X 0 0 0 GAYLE BERTELSTEIN BOARD MEMBER 1.00 X 0 0 0 SUSAN BETZER BOARD MEMBER 1.00 X 0 0 0 MONTSERRAT CERF BOARD MEMBER 1.00 X 0 0 0 JEANNE COLEMAN BOARD MEMBER 1.00 X 0 0 0 JOYCE COTTON BOARD MEMBER 1.00 X 0 0 0 ELIZABETH J DANIELS ESQ BOARD MEMBER 1.00 X 0 0 0 SARA DODDS BOARD MEMBER 1.00 X 0 0 0 GINA DRISCOLL DIRECTOR - EX-OFFICIO 1.00 X 0 0 0 BELINDA DUMONT BOARD MEMBER 1.00 X 0 0 0 JUDITH EICHENBAUM BOARD MEMBER 1.00 X 0 0 0 JANE FANNING BOARD MEMBER 1.00 X 0 0 0 GORDON GILBERT BOARD MEMBER 1.00 X 0 0 0 AMERICO GONZALVO BOARD MEMBER 1.00 X 0 0 0 HARRY GREENE BOARD MEMBER 1.00 X 0 0 0 TRICIA HANCOCK BOARD MEMBER 1.00 X 0 0 0 SUSAN HANEY BOARD MEMBER 1.00 X 0 0 0 WILLIAM D HAUEISEN BOARD MEMBER 1.00 X 0 0 0 JOAN KLINE BOARD MEMBER 1.00 X 0 0 0 JANE B PEPPARD BOARD MEMBER 1.00 X 0 0 0 GARY SATTERFIELD BOARD MEMBER 1.00 X 0 0 0 MICHEL SAUERS BOARD MEMBER 1.00 X 0 0 0 ROBERT SCHMIDT BOARD MEMBER 1.00 X 0 0 0 MARCY SHUCK BOARD MEMBER 1.00 X 0 0 0 ROBERT F SHUCK BOARD MEMBER 1.00 X 0 0 0 J HARRISON SMITH BOARD MEMBER 1.00 X 0 0 0 RICHARD STEIN BOARD MEMBER 1.00 X 0 0 0 JANE STROM BOARD MEMBER 1.00 X 0 0 0 SUE ULREY BOARD MEMBER 1.00 X 0 0 0 HERBERT WALTER BOARD MEMBER 1.00 X 0 0 0 IAN J WHITNEY DIRECTOR - EX-OFFICIO 1.00 X 0 0 0 PETER ZINOBER BOARD MEMBER 1.00 X 0 0 0 KARL NURSE BOARD MEMBER (TERM END 12/31/23) 1.00 X 0 0 0 ANGELA PHIRI BOARD MEMBER (TERM END 12/31/23) 1.00 X 0 0 0 ISAAC RUIZ-CARUS BOARD MEMBER (TERM END 12/31/23) 1.00 X 0 0 0 DEBORAH BUDAJ CFO CONSULTANT (THRU 11/30/23) 40.00 X 79875 0 0 ANITA SAMAROO DIRECTOR OF FINANCE (AS OF 11/13/23) 40.00 X 11446 0 787 IGNACIO BERRON VIELA PRESIDENT & CEO (AS OF 8/7/23) 40.00 X 89077 0 6682 JEFFREY MULTER CONCERTMASTER 40.00 X 140373 0 40793 SUSANA WEYMOUTH CHIEF DEVELOPMENT OFFICER 40.00 X 115570 0 13745 436341 0 62007 2 0 1 0 MICHAEL FRANCIS 244 2ND AVE N STE 420 ST PETERSBURG FL 33701 MUSIC DIRECTOR 372713 ROBERT MOIR 244 2ND AVE N STE 420 ST PETERSBURG FL 33701 ARTISTIC PROGRAMMING DIRECTOR 105281 2 574000 160000 438917 5808760 208000 6981677 ADMISSIONS 711130 3723203 3723203 PERFORMANCE REVENUE 711130 723916 723916 OTHER PROGRAM REVENUE 711130 2658 2658 4449777 304739 304739 2921508 2178177 743331 743331 743331 1356705 574000 724797 631908 631908 13111432 4449777 0 1679978 X 316657 316657 6366455 5631156 527094 208205 471889 463875 4419 3595 874031 759810 88693 25528 566017 480945 68199 16873 7116 7116 98932 16198 79134 3600 55146 55146 2271920 2092973 174947 4000 548630 548630 454758 290753 82837 81168 130562 33114 74679 22769 1075009 1035725 30492 8792 171362 161860 5673 3829 26828 49 5414 21365 207929 207929 7065 7065 95083 38622 56461 MUSIC RENTAL 96476 96476 PRODUCTION & AUDITION 16405 16405 7156 7156 13865426 11673656 1792046 399724 293658 314356 15000 15000 44550 139150 1211375 84540 29058 98931 605924 567320 45669 38604 9390703 8709583 4009551 4262665 15039564 13662829 749748 598026 1258675 1104820 3005548 1732027 89022 61089 5102993 3495962 X -1122440 -1129832 11059011 11296699 9936571 10166867 15039564 13662829 -753994 984290 0 X X 0 1 X 1 0 X 6885003 6679664 6977662 5868962 6981677 33392968 7662 7662 6885003 6679664 6977662 5876624 6981677 33400630 109052 33291578 193066 196410 215140 237391 304739 1146746 34547376 15914825 0.96360 0.96170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 13865426 13865426 843271 210818 0 0 541314 718021 774610 843271 2877216 4315824 58000 66180 124180 135329 179505 193653 210818 719305 1078958 11195215 1532847 1273991 11454071 11077866 462915 1157864 1503430 11195215 14437038 -2874172 485000 11077866 11333539 89457 3671810 657768 14437038 14116084 178118 132858 3093521 11333539 0.02203 0.89422 0.08375 1 0 6647 6647 0 405575 366971 38604 193702 193702 0 38604 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 3786735 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 415429 RIGHT OF USE ASSETS 60501 4262665 LEASE LIABILITIES 61089 61089 X 14499756 702998 26275 714197 1443470 13056286 55146 55146 13111432 14550752 26275 714197 740472 13810280 55146 55146 13865426 PART V, LINE 4: THE ORCHESTRA'S ENDOWMENT CONSISTS OF SEVERAL INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT CONSISTS OF DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS FOR LONG-TERM INVESTMENT. THE ORCHESTRA'S ENDOWMENT DISTRIBUTION POLICY IS INTENDED TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT WHILE PROVIDING DISTRIBUTIONS TO SUPPORT THE ORCHESTRA'S OPERATIONS. THE DISTRIBUTION FORMULA IS INTENDED TO DISTRIBUTE AN AMOUNT APPROXIMATELY EQUAL TO THE ENDOWMENT'S LONG-TERM EXPECTED TOTAL RETURN. PART X, LINE 2: THE ORCHESTRA IS A NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF FLORIDA AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE INTERNAL REVENUE CODE PROVIDES FOR TAXATION OF UNRELATED BUSINESS INCOME UNDER CERTAIN CIRCUMSTANCES. THE ORCHESTRA BELIEVES THAT IT HAS NO LIABILITY FOR TAXES WITH RESPECT TO UNRELATED BUSINESS INCOME. HOWEVER, SUCH STATUS IS SUBJECT TO FINAL DETERMINATION UPON EXAMINATION OF THE RELATED INCOME TAX RETURNS BY THE APPROPRIATE TAXING AUTHORITIES. THE ORCHESTRA FOLLOWS ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES. A COMPONENT OF THIS STANDARD PRESCRIBES A RECOGNITION AND MEASUREMENT THRESHOLD OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORCHESTRA'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS UNDER THIS STANDARD AS A COMPONENT OF TAX EXPENSE, AND NONE WERE RECOGNIZED SINCE THERE WAS NO MATERIAL IMPACT OF THE APPLICATION OF THIS STANDARD FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. THE ORCHESTRA'S INFORMATION RETURNS ARE OPEN TO IRS EXAMINATION FOR THE 2020 TAX YEAR ENDED JUNE 30, 2021, AND ALL SUBSEQUENT YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: GALA EXPENSES REPORTED ON PART VIII, LINE 8 714,197. PART XII, LINE 2D - OTHER ADJUSTMENTS: GALA EXPENSES REPORTED ON PART VIII, LINE 8 714,197. GALA 1930705 574000 1356705 43971 10600 648062 22164 1930705 574000 1356705 43971 10600 648062 22164 724797 631908 X X X X X X 0 0 0 0 0 0 0 0 0 JEFFREY MULTER CONCERTMASTER 140373 0 0 0 0 0 11414 0 29379 0 181166 0 0 0 X 1068 208000 STOCK QUOTE 0 0 0 0 PART I, COLUMN (B): THE AMOUNT FOR LINE 9, SECURITIES - PUBLICLY TRADED, REPRESENTS THE TOTAL NUMBER OF SHARES. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPRISED OF THE BOARD CHAIR, VICE-CHAIR, SECRETARY, AND TREASURER, AND THE CHAIRS OF THE AUDIT, DEVELOPMENT, AND GOVERNANCE COMMITTEES. WITH THE EXCEPTION OF CHANGES TO THE ARTICLES OF INCORPORATION AND THE BYLAWS, ADOPTING THE ANNUAL BUDGETS, ELECTION AND REMOVAL OF OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS, FILLING VACANCIES ON THE BOARD OF DIRECTORS OR ANY COMMITTEE THEREOF AND SETTING THE COMPENSATION OF THE PRESIDENT AND THE MUSIC DIRECTOR, THE EXECUTIVE COMMITTEE HAS THE FULL POWER TO ACT FOR THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE REPORTS TO THE BOARD OF DIRECTORS AT EACH REGULARLY SCHEDULED MEETING OF THE BOARD OF DIRECTORS CONCERNING ITS ACTIVITIES AND PROVIDES SUCH WRITTEN REPORTS AS MAY BE REQUESTED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS MAY RECOMMEND ELECTING DIRECTORS THAT HAVE FAMILY RELATIONSHIPS WITH CURRENT MEMBERS OF THE BOARD OF DIRECTORS. AS PART OF THE NOMINATION PROCESS, THE GOVERNANCE COMMITTEE DISCLOSES TO THE FULL BOARD OF DIRECTORS ALL FAMILY OR BUSINESS RELATIONSHIPS BEFORE A VOTE IS TAKEN. THE DIRECTORS LISTED IN FORM 990, PART VII, SECTION A, INCLUDES ROBERT F. SHUCK AND MARCY SHUCK, WHO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE FLORIDA ORCHESTRA AMENDED ITS ARTICLES OF INCORPORATION DURING THE YEAR. SECTION 1 OF ARTICLE VI WAS AMENDED TO STATE THAT THE OFFICERS OF THE ORGANIZATION SHALL BE A CHAIRMAN, SECRETARY, TREASURER AND SUCH OTHER OFFICERS AS MAY BE PROVIDED FOR IN THE BY-LAWS. THE SAME PERSON MAY BE SECRETARY AND TREASURER OF THE ORGANIZATION. SECTION 3 OF ARTICLE VII TO STATE THAT MEMBERS OF THE BOARD OF DIRECTORS SHALL BE ELECTED AND HOLD OFFICE IN ACCORDANCE WITH THE BY-LAWS. THE BY-LAWS MAY ALSO PROVIDE FOR EX-OFFICIO MEMBERS OF THE BOARD OF DIRECTORS WHO SHALL HOLD ONLY SUCH PRIVILEGES, DUTIES AND RIGHTS AS MAY BE EXPRESSLY SPECIFIED IN THE BY-LAWS, BUT IN NO EVENT SHALL EX-OFFICIO MEMBERS BE INCLUDED IN THE DETERMINATION OF A QUORUM NOR SHALL THEY HAVE THE RIGHT TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CEO, DIRECTOR OF FINANCE AND ACCOUNTING, AND TREASURER. ALL OTHER MEMBERS OF THE BOARD OF DIRECTORS ARE PROVIDED A COMPLETE COPY OF THE FORM AS ULTIMATELY FILED WITH THE IRS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY. EACH DIRECTOR SIGNS A DISCLOSURE STATEMENT WHICH IS FILED WITH THE STATE AS REQUIRED BY FLORIDA'S SOLICITATION OF CONTRIBUTIONS ACT AND 496.405 F.S. FORM 990, PART VI, SECTION B, LINE 15A ONCE A YEAR THE CEO REVIEWS WITH THE BOARD OF DIRECTORS AND APPROVES THE COMPENSATION FOR ALL STAFF AND KEY OFFICERS. THE BOARD EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE CEO'S COMPENSATION ANNUALLY OR AS REQUIRED BY THE CONTRACTING DOCUMENT AFTER PRESENTING IT TO THE FULL BOARD. THE ORGANIZATION'S NEXT COMPENSATION SURVEY IS SCHEDULED TO BE CONDUCTED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990S ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AT HTTPS://FLORIDAORCHESTRA.ORG/REPORT. DEPENDING ON DOCUMENTS REQUESTED, THEY ARE EITHER SENT ELECTRONICALLY OR REVIEWED AT THE ADMINISTRATIVE OFFICE. FORM 990, PART IX, LINE 11G CONSULTANT FEES: PROGRAM SERVICE EXPENSES 80,250. MANAGEMENT AND GENERAL EXPENSES 137,653. FUNDRAISING EXPENSES 4,000. TOTAL EXPENSES 221,903. GUEST ARTISTS & CONDUCTORS: PROGRAM SERVICE EXPENSES 1,211,795. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,211,795. STAGING & STAGEHANDS: PROGRAM SERVICE EXPENSES 786,264. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 786,264. RECORDING FEES: PROGRAM SERVICE EXPENSES 14,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,000. RETIREMENT PLAN FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,743. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,743. RECRUITMENT: PROGRAM SERVICE EXPENSES 664. MANAGEMENT AND GENERAL EXPENSES 30,551. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,215. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE ASSISTS THE BOARD OF DIRECTORS IN FULFILLING THEIR FIDUCIARY RESPONSIBILITY RELATING TO CORPORATE ACCOUNTING, REPORTING PRACTICES OF THE ORGANIZATION, AND THE QUALITY AND INTEGRITY OF THE FINANCIAL REPORTS OF THE ORGANIZATION. THE AUDIT COMMITTEE RECOMMENDS TO THE BOARD OF DIRECTORS TO APPOINT AND REMOVE THE COMPANY'S INDEPENDENT AUDITORS AND DETERMINE THEIR COMPENSATION. THE COMMITTEE IS DIRECTLY RESPONSIBLE FOR THE OVERSIGHT OF THE ORGANIZATION INDEPENDENT AUDITORS. RESPONSIBILITIES INCLUDE: 1. REVIEW AND UNDERSTAND THE COMPANY'S ANNUAL AUDITED FINANCIAL STATEMENTS AND THE ANNUAL REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING. A. THE CHAIR OF THE AUDIT COMMITTEE MEETS WITH THE AUDITORS AND TFO OFFICERS TO DETERMINE THE SCOPE OF WORK AND AUDIT FEES PRIOR TO COMMENCING AN AUDIT. THE AUDIT COMMITTEE REVIEWS THE SCOPE OF WORK AND IF IT SO REQUIRED, WILL REQUEST FROM TFO OFFICERS A SELECTION OF OTHER AUDITING FIRMS TO ENSURE COMPETITIVE AUDIT PRICING AND STANDARDS. B. THE AUDIT COMMITTEE MEETS BEFORE THE START OF THE AUDIT AND AGAIN ONCE THE AUDIT IS COMPLETED IN DRAFT FORM WITH THE AUDITING FIRM. THE AUDIT FIRM PRESENTS BOTH TO THE COMMITTEE AND THE BOARD OF DIRECTORS THE FINAL AUDIT RESULTS. 2. REVIEW AND DISCUSS WITH MANAGEMENT AND THE INDEPENDENT AUDITORS MAJOR ACCOUNTING ISSUES AND JUDGEMENTS MADE IN CONNECTION WITH THE PREPARATION OF FINANCIAL STATEMENTS AND ANY ACCOUNTING FINDINGS AND SUPERVISE ITS PROMPT CORRECTION. THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR TO THE PROCESS FOR THE OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF THE FINANCIAL STATEMENTS OR THE SELECTION OF THE INDEPENDENT ACCOUNTANT. FLORIDA ORCHESTRA-NORTH SUNCOAST ASSOCIATES PO BOX 6301 CLEARWATER FL 33758 593474423 SUPPORT AND PROMOTE THE FLORIDA ORCHESTRA FL 501(C)(3) LINE 12C, III-FI N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0