Quincy Symphony Orchestra

“The organization converted from an association to an illinois not-for- profit corporation and amended and restated its bylaws. Substantial conforming changes to the bylaws included: 1) removing season ticket holders from the definition of members. 2) providing for electronic communications for notice and forms of meetings. 3) conforming the number of board representatives from selected performing groups to present practice. 4) providing for the removal of a director, with or without cause, upon a 2/3 vote of directors. 5) providing that members of the board of directors may receive reimbursement for expenses incurred in connection with their services. 6) providing that members of the board of directors may service in some other capacity and receive compensation if specifically approved by the board of directors in advance. 7) assigning to the secretary the additional duty to maintain a register of addresses and other contact information of each director and member. 8) assigning to the treasurer additional duties regarding accounting of transactions, arranging for an audit, benchmarking similar organizations and receiving and depositing funds. 9) prohibiting loans to be issued unless authorized by a resolution of the board of directors. 10) revising procedures for the indemnification of directors, officers and employees. 11) specifically including a prohibition from any part of the net earnings inuring to the benefit of directors, officers, or other private persons. 12) specifically including a prohibiton from the organization conducting a substantial part of its activities as carrying on of propaganda, otherwise attempting to influence legislation, or participating or intervening in any political campaign on behalf of any candidate for public office. 13) specifically including a prohibition from carrying on any other activities not permitted to be carried on by a corporation exempt from federal income tax under section 501(c)(3) of the internal revenue code of 1986, as amended. 14) making a conforming amendment that the association is organized exclusively for charitable and educational purposes as an illinois not- for-profit corporation within the meaning of section 501(c)(3) of the code. 15) specifically including a dissolution clause that upon dissolution of the organization or the winding up of its affairs and after all liabilities and obligations have been satisfied, or adequate provision shall have been made therefor, the remaining assets shall be exclusively distributed to an organization or organizations, organized and operated exclusively for charitable, educational, religious or scientific purposes, located within the state of illinois, which would then qualify under the provisions of section 501(c)(3) of the code and its regulations, as amended. The selection of such organization or organizations shall be determined by approval of 2/3 of the members of the board in office. 16) specifically including compliance requirements under sections 4942, 4941(d), 4943(c), 4944 and 4945(d) of the code, in any taxable year in which is organization is a private foundation described in section 509(a) of the code.”

“Form 990 is distributed to each member of the finance committee for their review before it is filed.”

“Governing documents and form 990 are available upon request.”

“To bring fine symphonic orchestral and choral music to the people of quincy and the surrounding area, to provide organizations for local musicians to perform such music, and to create and support programs that encourage young musicians to continue fostering their interest and skills in symphonic and choral music.”

“Support of local music education through grants to quincy public and parochial school music programs and scholarships to area students.”