2026-07-02T13:19:18-04:00 2025-08-31 823010369 PMA Accounting Services LLC 653 TIMM VALLEY RD NE Atlanta GA 30305 990 2024-09-01 650165057 MIAMI SYMPHONY ORCHESTRA INC % EDUARDO SARASOLA MIAM 3052755666 3900 NORTH MIAMI AVENUE FIRST FLOOR Miami FL 33127 EDUARDO SARASOLA TREASURER 3057568600 2026-06-24 false true VERONICA SOTO P01880981 7868700726 2024 2025-03-06 01:10:19Z EMILIO STEFAN 3900 NORTH MIAMI AVENUE FIRST FLOOR Miami FL 33127 1847962 false X THEMISO.ORG X 1989 FL THE MIAMI SYMPHONY ORCHESTRA (MISO), IN ITS 36TH SEASON, IS A CULTURAL CORNERSTONE OF SOUTH FLORIDA. ITS MISSION IS TO INSPIRE, EDUCATE, AND UNITE THE COMMUNITY THROUGH WORLD-CLASS ORCHESTRAL PERFORMANCES AND MUSIC EDUCATION THAT MAKE CLASSICAL MUSIC ACCESIBLE TO ALL AUDIENCES. 18 15 3 22 0 0 904295 1422825 274857 425137 0 0 1179152 1847962 0 0 244483 69575 0 0 1123594 1931023 1368077 2000598 -188925 -152636 34883 36883 3226349 3380985 -3191466 -3344102 X THE MIAMI SYMPHONY ORCHESTRA (MISO), IN ITS 36TH SEASON, IS A CULTURAL CORNERSTONE OF SOUTH FLORIDA. ITS MISSION IS TO INSPIRE, EDUCATE, AND UNITE THE COMMUNITY THROUGH WORLD-CLASS ORCHESTRAL PERFORMANCES AND MUSIC EDUCATION THAT MAKE CLASSICAL MUSIC ACCESIBLE TO ALL AUDIENCES. true false 1627285 233289 BEYOND ITS MAINSTAGE SEASON, MISO EXTENDED ORCHESTRAL MUSIC TO THE BROADER PUBLIC THROUGHT FREE COMMUNITY CONCERTS AND THROUGH PRIVATELY CONTRACTED PERFORMANCES. FREE PUBLIC PRESENTATIONS DURING THE FISCAL YEAR INCLUDED: THE HOLIDAY LIGHTING CONCERT ON FLAGLER STREET IN DOWNTOWN MIAMI, THE CHRISTMAS CELEBRATION AT DOWNTOWN DORAL PARK, FAMILY DAY AT ARAGON AN THE CORAL GABLES MUSEUM, LET FREEDOM RING AT THE MIAMI DESIGN DISTRICT, MISO AT DORAL CENTRAL PARK, THE WELCOME SUMMER SOLSTICE CONCERTS AT THE BOTANICAL GARDEN AND THE MISO CHAMBER MUSIC SUMMER SERIES AT THE CORAL GABLE MUSEUM. MISO ALSO PERFORMED...PRIVATELY CONTRACTED CONCERTS FOR PUBLIC AND PRIVATE CLIENTS DURING THE YEAR, THE FEES FOR WHICH ARE REPORTED AS CONTRACT REVENUE IN PART VIII. THE ESTIMATE ATTENDANCE WAS OF 9,600 INCLUDING DIGITAL ATTENDANCE. 199665 189395 MISO PRESENTED ITS 2024-2025 MAINSTAGE SUBSCRIPTION SEASON AT THE KNIGHT CONCERT HALL OF THE ADRIENNE ARSHT CENTER FOR THE PERFORMING ARTS, THE ORCHESTRA PRINCIPAL PERFORMANCE VENUE. UNDER MUSIC DIRECTOR AND CONDUCTOR EDUARDO MARTURET, THE SEASON COMPRISED FIVE TICKETED PUBLIC ORCHESTRAL CONCERTS. THESE PERFORMANCES FEATURED GUEST SOLOISTS AND FULL SYMPHONIC REPERTOIRE AND GENERATED TICKET REVENUE REPORTED IN PART VIII. TOTAL PAID ATTENDANCE FOR THE MAINSTAGE SEASON WAS APPROXIMATELY 5,515 2453 2453 MISO CONTINUED ITS AFTER-SCHOOL MUSIC EDUCATION PROGRAM THROUGH EL SISTEMA-MISO MUSIC EDUCATION PROGRAM JOSE A ABREU, FOR WHICH MISO IS THE ONLY ORGANIZATION OFFICIALLY APPOINTED BY EL SISTEMA/VENEZUELA TO EXPAND THE MODEL IN SOUTH FLORIDA. DURING THE FISCAL YEAR MISO OPERATED THE PROGRAM IN PARTNERSHIP WITH SHELTON ACADEMY IN THE CITY OF DORAL PROVIDING HIGH QUALITY ENSEMBLE-BASED MUSIC INSTRUCTION TO CHILDREN. THE PROGRAM SERVES STUDENTS ACROSS GRADUATED LEVELS FROM EARLY MUSIC INITIATION THROUGH YOUTH ORCHESTRA. 1826950 true true false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false true 127 0 true 3 true false false false false false false false false X 18 15 false false false false false false false true true false false true true true true false false false false false FL X EDUARDO SARASOLA 3052755666 3900 NORTH MIAMI AVENUE FIRST FLOOR Miami FL 33127 X EDUARDO SARASOLA TREASURER 8.00 0.00 X 0 0 0 EDUARDO MARTURET MUSIC DIRECTOR AND CONDUCTOR 40.00 0.00 X X 0 0 0 RAFAEL DIAZ-BALART CHAIRMAN EMERITUS 1.50 0.00 X 0 0 0 ROBERT RODRIGUEZ VICE-CHAIRMAN 1.50 0.00 X 0 0 0 PEGGY GARCIA SECRETARY 2.00 0.00 X 0 0 0 DANIEL ANDAI BOARD MEMBER 1.50 0.00 X 0 0 0 LISA FLEISHMAN BOARD MEMBER 1.50 0.00 X 0 0 0 JERRY HAAR BOARD MEMBER 1.50 0.00 X 0 0 0 THOMAS LEFEBVRE BOARD MEMBER 1.50 0.00 X 0 0 0 JOE MANTILLA BOARD MEMBER 1.50 0.00 X 0 0 0 SOFIA OCHOA BOARD MEMBER 1.50 0.00 X 0 0 0 HAROLD PATRICOFF BOARD MEMBER 1.50 0.00 X 0 0 0 KEVIN RUIZ BOARD MEMBER 1.50 0.00 X 0 0 0 MARCOS SANTANA BOARD MEMBER 1.50 0.00 X 0 0 0 MAURICIO SUAREZ BOARD MEMBER 1.50 0.00 X 0 0 0 PEDRO J TORRES BOARD MEMBER 1.50 0.00 X 0 0 0 STUART WEBB BOARD MEMBER 1.50 0.00 X 0 0 0 EMILIO STEFAN CHAIRMAN 1.50 0.00 X 0 0 0 0 0 0 0 false false false 207826 1214999 1422825 ARSHT THEATER CONCERTS 711130 189395 189395 PUBLICPRIVATE CONCERTS 711130 233289 233289 AFTER SCHOOL PROGRAM 711130 2453 2453 425137 0 1847962 425137 0 0 61881 30941 30940 7694 3847 3847 75000 75000 6280 6280 16881 16881 73878 20236 53642 3046 3046 48665 48665 7413 7413 105421 105421 893 893 CONCERTS & PRODUCTION 1435713 1435713 RECORDING & PRODUCTION 156445 156445 BANK CHARGES 1388 1388 2000598 1826950 173648 0 X 182 182 20951 20951 34701 36701 34883 36883 282549 688873 1822414 2022062 1121386 670050 3226349 3380985 X -3191466 -3344102 -3191466 -3344102 34883 36883 -152636 0 X false false false X 942882 840043 1047069 904295 1422825 5157114 10258 80950 463289 274857 425137 1254491 953140 920993 1510358 1179152 1847962 6411605 0 0 0 0 0 0 6411605 211243 4800 8500 2453 226996 1164383 925793 1518858 1179152 1850415 6638601 0.96580 0.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20951 20951 ART COLLECTION 15706 MUSIC LIBRARY 18995 MUSIC INSTRUMENTS 2000 36701 LOAN COMMERCE BANK 175000 SBA LOAN 495050 670050 SOFIA OCHOA LENDERCREDITOR LOAN X 181632 704732 false true true EDUARDO MARTURET DIRECTORLENDER LOAN X 154000 1137832 false true true CHIRAZ LLC LENDERCREDITOR LOAN X 116500 179498 false true false 2022062 Members or stockholder classes and rights Part VI line 6 FORM 990, PART VI, SECTION A, LINE 6-MEMBERS OR STOCKHOLDERS THE ORGANIZATION MEMBERS CONSIST OF THE MEMBERS OF ITS BOARD OF DIRECTORS, WHO HOLD THE MEMBERSHIP RIGHTS DESCRIBED IN THE ORGANIZATION BYLAWS. Member election for additional members Part VI line 7a FORM 990, PART VI, SECTION A, LINE 7A-ELECTION OR APPOINTMENT OF GOVERNING BODY THE MEMBERS OF THE BOARD OF DIRECTORS HAVE THE AUTHORITY TO ELECT OR APPOINT ADDITIONAL MEMBERS OF THE GOVERNING BODY IN ACCORDANCE WITH THE ORGANIZATION BYLAWS. Governing body meeting documentation Part VI line 8a FORM 990, PART VI, SECTION A, LINE 8-CONTEMPORANEOUS DOCUMENTATION OF MEETINGS THE ORGANIZATION CONTEMPORANEOUSLY DOCUMENTS THE MEETINGS AND ACTIONS OF THIS GOVERNING BODY THROUGH WRITTEN MINUTES PREPARED AND MAINTAINED FOR EACH MEETING OF THE BOARD OF DIRECTORS. Form 990 governing body review Part VI line 11 FORM 990, PART VI, SECTION B, LINE 11B-FORM 990 REVIEW PROCESS A COPY OF THE COMPLETED FORM 990 WAS PROVIDED TO MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT PRIOR TO FILING. THE RETURN WAS PREPARED BY THE ORGANIZATION INDEPENDENT ACCOUNTANT BASED ON FINANCIAL RECORDS FURNISHED BY MANAGEMENT AND WAS REVIEWED BY THE TREASURER BEFORE SUBMISSION. Conflict of interest policy compliance Part VI line 12c FORM 990, PART VI, SECTION B, LINE 12C-CONFLICT OF INTEREST POLICY AND ENFORCEMENT THE ORGANIZATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY APPLICABLE TO ALL DIRECTORS AND OFFICERS. EACH DIRECTOR AND OFFICER IS REQUIRED TO REVIEW THE POLICY AND COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT ON A PERIODIC BASIS. THE BOARD MONITORS COMPLIANCE ON AN ONGOING BASIS, AND ANY POTENTIAL OR ACTUAL CONFLICT IS DISCLOSED TO AND REVIEWED BY THE BOARD. Governing documents etc available to public Part VI line 19 FORM 990, PART VI, SECTION C, LINE 19-AVAILABILITY OF GOVERNING DOCUMENTS THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Significant program services not listed on prior year return Part III line 2 FORM 990, PART III, LINE 2-SIGNIFICANT PROGRAM SERVICES NOT PREVIOUSLY REPORTED DURING THE FISCAL YEAR, THE MIAMI SYMPHONY ORCHESTRA PRESENTED A FULL SEASON OF ORCHESTRAL PERFORMANCES, INCLUDING TICKETED PUBLIC CONCERTS AT THE KNIGHT CONCERT HALL OF THE ADRIENNE ARSHT CENTER, FREE COMMUNITY CONCERTS AT VENUES THROUGHOUT MIAMI-DADE COUNTY, AND PRIVATELY CONTRACTED PERFORMANCES FOR PUBLIC AND PRIVATE CLIENTS. THE ORGANIZATION ALSO CONTINUED ITS EL SISTEMA-MISO AFTER-SCHOOL PROGRAM IN PARTNERSHIP WITH SHELTON ACADEMY PROVIDING MUSIC INSTRUCTION TO LOCAL STUDENTS. Part VI response or note to any other line in Part VI PART VI SECTION B NUMBER 12A: THE MIAMI SYMPHONY ORCHESTRA HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT APPLIES TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND OFFICERS. IT REQUIRES EACH BOARD MEMBER TO REVIEW THE POLICY AND COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT EVERY 2 YEARS. THE BOARDS MONITOR COMPLIANCE WITH THE POLICY ON A ONGOING BASIS, AND ANY POTENTIAL CONFLICTS ARE REVIEWED AN ADDRESSED BY THE BOARD IN ACCORDANCE WITH THE POLICY. Part X response or note to any line in Part X F990, PART X, LINE 32-FINANCIAL POSITION, PART 1/2 THE MIAMI SYMPHONY ORCHESTRAS ACCUMULATED DEFICIT OF $3,344,102 DEVELOPED OVER A NUMBER OF YEARS AS A RESULT OF THE COSTS ASSOCIATED WITH MAINTAINING A PROFESSIONAL SYMPHONY ORCHESTRA WHILE FULFILLING ITS CHARITABLE MISSION OF PRESENTING HIGH-QUALITY ARTISTIC, EDUCATIONAL, AND COMMUNITY PROGRAMMING. A SUBSTANTIAL PORTION OF THE ORGANIZATIONS LONG-TERM LIABILITIES CONSISTS OF WORKING CAPITAL ADVANCES MADE BY MUSIC DIRECTOR EDUARDO MARTURET AND SOFIA OCHOA DURING PERIODS OF CASH FLOW CONSTRAINTS. NO ADDITIONAL ADVANCES HAVE BEEN REQUIRED IN MORE THAN FIVE YEARS, ALTHOUGH THE OUTSTANDING OBLIGATIONS REMAINS. F990, PART X, LINE 32-FINANCIAL POSITION PAGE 2/2 THE BOARD OF DIRECTORS CONTINUES TO STRENGTHEN THE ORGANIZATIONS FINANCIAL POSITION THROUGH DISCIPLINED BUDGET MANAGEMENT, EXPANDED FUNDRAISING, INCREASED EARNED REVENUE, AND GROWTH IN CORPORATE, FOUNDATION, AND INDIVIDUAL SUPPORT. FOR FISCAL YEAR 2024-2025, THE CHANGE IN THE NET ASSETS INCLUDED $85,883 OF ACCRUED INTEREST RELATED TO LONG-TERM ADVANCES. EXCLUDING THIS FINANCIAL COST, OPERATIONS RESULTS WERE CLOSE TO BREAK EVEN, REFLECTING CONTINUED PROGRESS TOWARD LONG-TERM FINANCIAL SUSTAINABILITY. General explanation attachment FORM 990, PART I, LINE 1, ORGANIZATION MISSION: THE MIAMI SYMPHONY ORCHESTRA MISSION IS TO INSPIRE, EDUCATE, AND UNITE OUR COMMUNITY THROUGH THE TRANSFORMATIVE POWER OF MUSIC. DEDICATED TO ARTISTIC EXCELLENCE AND INNOVATIVE PROGRAMMING, WE PRESENT WORLD-CLASS ORCHESTRAL PERFORMANCES WHILE FOSTERING DEEP COMMUNITY ENGAGEMENT AND PROVIDING MEANINGFUL EDUCATION OPPORTUNITIES THAT MAKE CLASSICAL MUSIC ACCESSIBLE TO ALL AUDIENCES THROUGHOUT SOUTH FLORIDA.