2025-04-17T09:02:57-05:00 2024-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-07-01 410829498 The Saint Paul Chamber Orchestra Society SAIN 6512923248 370 Wabasha St N 1420 St Paul MN 55102 Elizabeth Olson CFO 6512923248 2025-04-04 1 1 Deb Nelson CPA P01264758 6122536500 2025-04-04 2023 2025-03-06 01:10:19Z X Jon Limbacher 370 Wabasha St N 1420 St Paul MN 55102 18312663 0 X www.thespco.org X 1958 MN To enrich the Twin Cities by sharing distinctive and engaging chamber orchestra performances. 52 51 245 150 17720 0 6582419 7116552 1483853 1698869 2017228 1730915 -30345 -4750 10053155 10541586 0 0 0 0 7212798 6937798 0 0 962995 3631702 3756772 10844500 10694570 -791345 -152984 60907293 65176221 2231187 1471767 58676106 63704454 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 8026658 1698869 Organization Summary:Renowned for its artistic excellence, remarkable versatility of musical styles and adventurous programming, The Grammy Award-winning Saint Paul Chamber Orchestra is one of the finest chamber orchestras in the world. Now in its 66th season, the SPCO is primarily an unconducted ensemble that performs a broad range of repertoire, from Baroque works to new music, in close collaboration with a dynamic roster of Artistic Partners. The current roster of Artistic Partners consists of British Baroque specialist Richard Egarr, South African cellist Abel Selaocoe, Hungarian conductor Gabor Takacs-Nagy and German violist Tabea Zimmermann. (Continued on Sch. O) 8026658 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 62 0 1 245 1 1 1 1 CJ LU 0 0 0 1 1 0 0 0 0 0 0 X 52 51 1 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 276327 0 42003 Steven Copes APC repEx- Officio/Musician(as of Nov 2023) 30.00 0.00 X 204927 0 48007 Deborah Palmer Chair 1.00 1.00 X X 0 0 0 Ann Huntrods Board Chair-Elect 1.00 0.00 X X 0 0 0 David Rosedahl Treasurer 1.00 0.00 X X 0 0 0 Elizabeth Willis Secretary 1.00 0.00 X X 0 0 0 AJ Huss Jr Chair Emeritus, Ex-Officio Director 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 Lynne Beck Ex-Officio 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 Julia Bogorad-Kogan APC rep Ex-Officio/Musician(thru Oct 2023) 30.00 0.00 X 104862 0 19706 Andrew Brady AVC rep Ex-Officio Director/Musician 30.00 0.00 X 115294 0 20006 Arnie Brier Director (as of May 2024) 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 Sheldon Damberg Director 1.00 0.00 X 0 0 0 Becky Debertin Director 1.00 0.00 X 0 0 0 Victor de Meireles Director 1.00 0.00 X 0 0 0 Rick Dow Director (thru Dec 2023) 1.00 0.00 X 0 0 0 Louis Epstein Director 1.00 0.00 X 0 0 0 Nina Fan OC rep Ex-Officio Director/Musician 30.00 0.00 X 76155 0 16354 Stephanie Fehr Director (thru Jan 2024) 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 Bonnie Grzeskowiak 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 Art Kaemmer Director (thru Jan 2024) 1.00 0.00 X 0 0 0 Arthur Klebanov Director 1.00 0.00 X 0 0 0 Karen Koepp Ex-Officio Director 1.00 0.00 X 0 0 0 Randy Kroll Director 1.00 0.00 X 0 0 0 Bob Lee Director 1.00 0.00 X 0 0 0 Craig Lemming Director (as of Feb 2024) 1.00 0.00 X 0 0 0 Peg Lindlof Director (as of Jan 2024) 1.00 0.00 X 0 0 0 Marja Lutsep 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 Dan Pennie Director 1.00 0.00 X 0 0 0 Nic Pifer Director (thru Dec 2023) 1.00 0.00 X 0 0 0 Peter Remes Director 1.00 0.00 X 0 0 0 John Riehle Director (as of Jan 2024) 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 Marty Rossmann Director (thru Dec 2023) 1.00 0.00 X 0 0 0 Rick Schnieders Director (thru Apr 2024) 1.00 0.00 X 0 0 0 Kathy Schubert Director 1.00 0.00 X 0 0 0 Andrew Selden Director (as of Feb 2024) 1.00 0.00 X 0 0 0 James Smith 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 Justin Windschitl Director 1.00 0.00 X 0 0 0 Beth Toso thru May 2024 Chief Financial Officer 40.00 0.00 X 191690 0 21358 Elizabeth Olson as of Mar 2024)/Chief Financial Officer 40.00 0.00 X 0 0 0 Kyu-Young Kim Artistic Director/Violin 40.00 0.00 X 253501 0 16123 Julie Albers Musician 30.00 0.00 X 129001 0 40798 Cassie Pilgrim Musician 30.00 0.00 X 118959 0 16615 Jennifer Muenchow Chief People Officer 40.00 0.00 X 106200 0 16252 Jason Piehl General Manager 40.00 0.00 X 112164 0 23731 Maiya R Papach Musician 30.00 0.00 X 106887 0 14406 1795967 0 295359 20 0 1 0 Success Computer Consulting PO Box 1575 Minneapolis MN 55480 IT Services 141904 Brillect LLC 3600 American Blvd W Ste 225 Bloomington MN 55431 Temp accountant 130938 2 182246 773168 477159 5683979 1378276 7116552 Ticket Fee Revenue 711130 1593430 1593430 Contracted Services 711130 88187 88187 17252 17252 1698869 1495842 17720 1478122 2022 2022 7938348 41905 7694895 50285 243453 -8380 235073 235073 19125 182246 25897 -6772 -6772 10541586 1698869 17720 1708445 1481579 989494 314187 177898 4344843 3564519 388105 392219 297068 238502 29969 28597 410045 306774 49516 53755 404263 317665 47203 39395 111257 111257 210669 210669 161794 161794 268433 166979 80693 20761 43110 43110 299645 212946 27780 58919 324957 218460 51330 55167 295773 168389 67412 59972 206855 176079 11567 19209 1767 1218 335 214 82689 74105 4056 4528 93579 39117 41538 12924 Concert/Production Expe 1503783 1503783 Other Investment Expens 105987 105987 46474 5518 1519 39437 10694570 8026658 1704917 962995 5143820 4814845 1106327 785275 35130 64471 217308 232139 2361236 2045651 330584 315585 42466042 47147529 9904031 10697556 28260 1675791 1118821 60907293 65176221 472269 455939 918636 809102 840282 206726 2231187 1471767 X 9029206 10655061 49646900 53049393 58676106 63704454 60907293 65176221 X -152984 5092569 88763 X 0 1 X 1 0 X 6369207 9220082 13865634 6582419 7116552 43153894 6369207 9220082 13865634 6582419 7116552 43153894 6146936 37006958 842161 700650 809897 1252687 1497864 5103259 48257153 6127416 0.76690 0.79200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50101460 1672890 5942662 2066678 34269 55616065 46211718 991666 4923118 1996803 28239 50101460 48840162 6587112 -7332739 1859141 23676 46211718 38888231 1120070 10649277 1799833 17583 48840162 40792934 472147 -499233 1862327 15290 38888231 0.12180 0.87820 0.00000 1 0 21507 21507 0 2259640 2024144 235496 80089 80089 315585 Absolute Return Strategies 2374308 F Private Equity 4378271 F Real Assets 3944977 F 10697556 Lease Liabilities 91041 Gift Annuities Payable 115685 206726 X 15453197 5092569 86823 5179392 10273805 267781 267781 10541586 10424849 0 10424849 267781 1940 269721 10694570 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 107,287. Change in value of gift annuities -18,524. Indirect fundraising expenses in expenses for tax purposes -1,940. Part XII, Line 4b - Other Adjustments: Indirect fundraising expenses in expenses for tax purposes 1,940. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Endowment Investments 4222000 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Endowment Investments 31000 0 0 0 0 0 0 4253000 0 4253000 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 201371 182246 19125 7726 18171 201371 182246 19125 7726 18171 25897 -6772 X X X X X 0 0 0 0 0 0 0 1 0 Jon Limbacher President & Managing Director 276327 0 0 0 0 0 15853 0 26312 0 318492 0 0 0 Kyu-Young Kim Artistic Director/Violin 253501 0 0 0 0 0 15974 0 311 0 269786 0 0 0 Steven Copes APC repEx- Officio/Musician(as of Nov 2023) 204927 0 0 0 0 0 22239 0 25930 0 253096 0 0 0 Beth Toso thru May 2024 Chief Financial Officer 187690 0 4000 0 0 0 10478 0 11042 0 213210 0 0 0 Julie Albers Musician 129001 0 0 0 0 0 11797 0 29163 0 169961 0 0 0 Part I, Line 7 Beth Toso, Jen Muenchow and Jason Piehl received discretionary bonuses. X 27 1378276 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 virtuoso musicians of the SPCO present over 80 concerts each season, sharing live music with over 70,000 people throughout the Twin Cities from September through June. Regular subscription series are performed in a variety of different venues across the Twin Cities metropolitan area each season - a unique commitment to geographic accessibility for a major orchestra. The SPCO offers the most affordable ticket prices of any professional orchestra in the United States, with over 50 percent of tickets available for $15 or less and with free tickets for children and students as a part of its New Generation Initiative. The orchestra also offers an innovative ticket membership model in which members pay a monthly fee to attend unlimited concerts, with a $5 per month Concert Membership option for first-time Concert Members and members of Club2030, the orchestra's discount program for audience members in their 20s and 30s. The SPCO's free, online Concert Library offers audio and video concert recordings - both live and on-demand - that can be accessed anytime, completely free of charge thanks to donors. Through its partnership with your Classical Minnesota Public Radio and American Public Media, the SPCO is regularly played on public radio programs that reach nearly 850,000 listeners each week on over 250 stations. Additionally, the SPCO has released 68 recordings, including its recent critically acclaimed album of Wolfgang Amadeus Mozart Piano Concertos with former Artistic Partner Jeremy Denk and the 2018 Grammy Award-winning recording of Franz Schubert's Death and the Maiden with violinist and former Artistic Partner Patricia Kopatchinskaja. In addition to its programs in the Twin Cities, the orchestra also tours nationally and internationally, including recent engagements in Europe and New York City, and prestigious residencies at the 2021 and 2022 Bravo! Vail Music Festival with violinists Joshua Bell and Stefan Jackiw, bassist Xavier Foley, and pianist and Bravo! Vail Artistic Director Anne-Marie McDermott. The SPCO is deeply committed to expanding orchestral repertoire, commissioning nearly 200 new works throughout its 65-year history and receiving 17 ASCAP awards for adventurous programming. In a divergence from the industry standard of commissioning individual works from composers, the SPCO's Sandbox Residency program invites composers to experiment freely across a variety of new works created in collaboration with the orchestra. This groundbreaking residency model allows composers to workshop new pieces, experiment, and revise, take risks, develop relationships with SPCO musicians and engage with SPCO audiences. The SPCO is a proud member of the Arts Partnership, a strategic alliance of four performing arts organizations -Minnesota Opera, the Ordway, the SPCO and Schubert Club - that ensures equitable sharing and effective care of the Ordway Center as a vital cultural asset in the Twin Cities. 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 The SPCO commissioned seven new works in the 2023.24 season, including three world premieres and three arrangements. With a commitment to commissioning and programming works by composers historically underrepresented in orchestral repertoire, one of the works premiered in the 2023.24 season was commissioned from Clarice Assad as part of her SPCO Sandbox Composer Residency, in which she collaborated with the orchestra while developing her new work, The Evolution of AI. "The idea behind Sandbox was to really embed the composer into the orchestra in more ways than just showing up for the premiere and the rehearsals," said Jonathan Posthuma, the SPCO's Interim Director of Artistic Planning. "Coming out of the pandemic, we said we want to do this differently, we want to do this better...One way we can do that better is to support the composer taking risks, trying things out, learning in a kind of sandbox setting where there's no wrong answers" (MinnPost). In January 2024, Assad premiered her work The Evolution of AI alongside the SPCO, weaving between the musicians on stage in a ground-breaking performance, blending electric and acoustic instruments. "This could not have happened without the time that we had to try things out," Assad said during an interview with the Star Tribune. Not everybody is open to new things. Some are very rooted in traditional concepts. Not this orchestra" (Star Tribune). In addition to Assad's premiere, the 2023-24 season also featured seven SPCO commissions, with two world premieres and three new arrangements, including two by SPCO musicians: * Fanny Mendelssohn-Hensel, arr. by SPCO Principal Horn James Ferree: Selections from Das Jahr, 2023 * Gabriel Kahane: Heirloom, Concerto for Piano and Chamber Orchestra, 2023 Commissioned for pianist Jeffrey Kahane by Linda and Stuart Nelson, Kansas City Symphony, Aspen Music Festival and School (Robert Spano, Music Director), The Knights, Los Angeles Chamber Orchestra, Oregon Symphony, and The Saint Paul Chamber Orchestra with support from Elizabeth and Justus Schlichting. * Clarice Assad: The Evolution of AI, 2023 Commissioned by The Saint Paul Chamber Orchestra, American Composers Orchestra, Chicago Sinfonietta, and River Oaks Chamber Orchestra with support from New Music USA and the Virginia B. Toulmin Foundation * Bedrich Smetana, arr. by SPCO violinist Daria Adams: Quartet in E Minor, From My Life, 2024 * Stefan L. Smith: My Young Friend for Bassoon and Chamber Orchestra, 2024 * Lili Boulanger, arr. by Jonathan Posthuma: D'un matin de printemps, 2024 * Chris Rogerson: Samaa', 2024 Commissioned by The Saint Paul Chamber Orchestra and Bravo! Vail with support from Anne-Marie McDermott and Elizabeth and Justus Schlichting * Texu Kim: Ll, 2024 (Midwest Premiere) Commissioned by the Barlow Endowment for Music Composition at Brigham Young University Artistic Leadership through the Musician-Led Artistic Model The 2023-24 season also 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 are deeply engaged in shaping the organization's artistic vision, including selecting their members, selecting repertoire, shaping artistic interpretations, choosing Artistic Partners and collaborators, and leading unconducted rehearsals and performances. The 2023-24 season further expanded the role of Creative Leads, first introduced in the 2022-23 season, where six musicians curated six programs that showcased their musical interests and passions. These Creative Lead programs included: * Zachary Cohen Plays Schubert's Arpeggione Sonata (October 5-7, 2023) Zachary Cohen, creative lead * Assad, Janek and Smetana (January 12-13, 2024) Daria Adams, creative lead * Express Concert: Bach's Double Violin Concerto (March 14-17, 2024) Daria Adams, creative lead * Express Concert: Ravel's Le Tombeau de Couperin (March 21-23, 2024) Andrew Brady & Alicia McQuerrey, creative leads * Haydn's Surprise Symphony (April 11-20, 2024) James Ferree, creative lead * Schubert's Fifth Symphony (April 25-27, 2024) Nina Tso-Ning Fan, creative lead. Form 990, Part III, Line 4a Bringing World-Renowned Artistic Partners and Guest Artists to the Twin Cities Community The 2023.24 season saw the return of several SPCO Artistic Partners, both current and former. The orchestra was joined by returning Artistic Partners British Baroque specialist Richard Egarr, American composer and musical commentator Rob Kapilow, and South African cellist, singer, and composer Abel Selaocoe. In addition to the 2023-24 season's Artistic Partners, British oboist and conductor Douglas Boyd, a former Artistic Partner, returned to St. Paul in a special collaboration with Principal Oboe Cassie Pilgrim. SPCO audiences continue to return to experience the orchestra's collaborations with Artistic Partners: "Rob Kapilow was wonderful. An engaging performer whose love for music, for the Haydn piece and for the SPCO musicians, shone through everything he did. The orchestra looked as if they were interested and engaged as well and of course played amazingly." "Richard Egarr is delightful and he always curates a fantastic performance. We like how he gives background information, which helps us to appreciate the music. As always, the orchestra is top-notch." "The orchestra was so engaged with Abel Selaocoe. He was so talented, passionate, and compelling. I enjoyed the experience of opening up to a new way of looking at classical music and expanding its definition in my mind." "The orchestra, as always, played with great energy and sensitivity as needed throughout the concert. It was wonderful to have Douglas Boyd leading the musicians again." In addition to performances with current and former SPCO Artistic Partners, the orchestra also collaborated with guest artists from around the world. These included a special father-son Thanksgiving weekend presentation of all-American music with Jeffrey and Gabriel Kahane. In April, pianist Anne-Marie McDermott, who performed alongside the SPCO in the orchestra's second Bravo! Vail Music Festival touring appearance in 2022, led SPCO musicians in the world premiere of an expanded orchestration of Chris Rogerson's Samaa'. In May, the SPCO also welcomed the return of pianist Richard Goode for his first performances with the orchestra since 1997. In June, the orchestra welcomed back conductor Gabor Takacs-Nagy to lead its season finale, following their first fruitful collaboration in the previous year's season finale. Along with these returning guest artists, a number of in-demand musicians also made their SPCO debuts, including New York Philharmonic Principal Clarinet Anthony McGill, Gramophone award-winning violinist Alina Ibragimova, as well as conductor-violinist-countertenor Dmitry Sinkovsky, who led the SPCO's annual holiday performances of Handel's Messiah to rave reviews. "One of the most exciting aspects of the SPCO's model of music-making, is that - in addition to the exceptional level of playing from the orchestra - there is a strong commitment to intensive collaboration," said Interim Director of Artistic Planning Jonathan Posthuma, "whether that is working with an Artistic Partner, a guest artist, a living composer, or one of their own colleagues as an SPCO soloist or creative lead." 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. In-person audiences have steadily increased since the pandemic, growing by 4% to 68,742 at regular concerts during the 2023.24 season. The audience growth has largely been driven by the Concert Membership program, which grew by 21%, finishing the season with 1,786 active Concert Members. This resulted in a 29% increase in Concert Member tickets from the previous season, with 15,274 Concert Member tickets reserved throughout the 2023.24 season. Nearly 20 years since the SPCO made a commitment to lower ticket prices and accessible pricing, the 2023.24 season saw 21,412 tickets sold for $15 or less. Additionally, 8,531 tickets were distributed free of charge, of which over 66% went to children and students as part of the SPCO's New Generation Initiative. This includes 30 school groups that were able to attend concerts with student tickets being completely free. Tickets for students and children comprised almost 9% of the total audience during the season. The SPCO's accessibility initiatives extend beyond the concert hall, as the free digital Concert Library received 95,922 visits from Minnesota and 153,050 visits worldwide. In December 2023, the second volume of SPARK! Musical Insights was released into the Concert Library, providing a deep dive into the SPCO's performance of Beethoven's Pastoral Symphony hosted by SPCO Principal Oboe Cassie Pilgrim and featuring special interviews with SPCO Principal Horn James Ferree and conductor Gabor Takacs-Nagy. This format was created for those looking for additional context and new ways to interact with the music the SPCO performs and is ideal for use in community viewing settings. The Concert Library currently hosts 28 video and 44 audio recordings of complete SPCO concerts. "When my mother's health no longer allowed her to attend concerts in person, we enjoyed regular opportunities to watch and listen to SPCO concerts available in the Concert Library. The library is a wonderful gift the SPCO offers to music lovers in Minnesota and beyond, and a great way to stay connected to the outstanding artistry of the SPCO." Peter Myers, avid Concert Library user and longtime SPCO supporter The Neighborhood Series continued to provide geographic accessibility for Twin Cities residents. In total, 48 concerts were performed as a part of the Neighborhood Series at 10 locations across the Twin Cities for 24,879 audience members during the 2023-24 season. This included three concerts at the Capri Theater in North Minneapolis, which the SPCO has now partnered with for the past 14 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. During the 2023.24 season the four Arts Partnership organizations Minnesota Opera, Ordway, Schubert Club and The Saint Paul Chamber Orchestra presented the dynamic self-conducted chamber orchestra, Sphinx Virtuosi, and their Generations program. The year also saw the continuation of Ordway Inside Out, an outdoor event series in Rice Park that utilizes digital technology to dramatically increase access to artistic programming in downtown Saint Paul. "The SPCO is a special and amazing organization with so many assets including a fantastic and committed orchestra, a hard-working and talented staff, and an extremely generous and devoted Board." Jon Limbacher said, "We are also supported by passionate and wonderful volunteers through the Governing Members and The Friends of the SPCO. We must never forget this entire endeavor of providing our community with a world-class chamber orchestra is only possible because of the extraordinary generosity of so many donors who give year in and year out so that we can fulfill our mission." 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 2 Jack Rossmann and Marty Rossmann have a family relationship. 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 may elect to be designated as a Governing Member. 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 beneficial interest in charitable trust 107,287. Change in value of gift annuities -18,524. 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