Civic Intelligence

Detroit Symphony Orchestra Endowment Trust Fund II

990 • Fiscal year 2014 • EIN 38-2609947

Sep 01, 2013 to Aug 31, 2014 • Filed on Dec 09, 2014

Organization ProfileN/A
3711 Woodward AvenueDetroit, MI 48226

(313) 576-5100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

92nd percentile

56%

Higher net margin than 92% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

20th percentile

$21,399

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

71st percentile

9.9%

Faster asset growth than 71% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

45th percentile

2.4%

Faster revenue growth than 45% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets6th percentile

Assets

Up

$2,499,905

Up $224,404 (+9.9%) from 2013

Net Assets

Up

$2,499,905

Up $224,404 (+9.9%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue6th percentileNet Margin92nd percentile

Revenue

Up

$270,357

Up $6,377 (+2.4%) from 2013

Expenses

Down

$120,149

Down $6,170 (-4.9%) from 2013

Net Income

Up

$150,208

Up $12,547 (+9.1%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $2,470,352Liabilities 2010: $0Net Assets 2010: $2,470,3522010Assets 2011: $2,286,392Liabilities 2011: $0Net Assets 2011: $2,286,3922011Assets 2012: $2,315,061Liabilities 2012: $0Net Assets 2012: $2,315,0612012Assets 2013: $2,275,501Liabilities 2013: $0Net Assets 2013: $2,275,5012013Assets 2014: $2,499,905Liabilities 2014: $0Net Assets 2014: $2,499,9052014Assets 2015: $2,212,023Liabilities 2015: $0Net Assets 2015: $2,212,0232015Assets 2016: $2,174,523Liabilities 2016: $0Net Assets 2016: $2,174,5232016Assets 2017: $2,231,225Liabilities 2017: $0Net Assets 2017: $2,231,2252017Assets 2018: $2,322,716Liabilities 2018: $0Net Assets 2018: $2,322,7162018Assets 2019: $2,205,101Liabilities 2019: $0Net Assets 2019: $2,205,1012019Assets 2020: $2,169,412Liabilities 2020: $0Net Assets 2020: $2,169,4122020Assets 2021: $2,442,939Liabilities 2021: $0Net Assets 2021: $2,442,9392021Assets 2022: $1,988,163Liabilities 2022: $0Net Assets 2022: $1,988,1632022Assets 2023: $2,025,327Liabilities 2023: $0Net Assets 2023: $2,025,3272023Assets 2024: $2,232,147Liabilities 2024: $0Net Assets 2024: $2,232,1472024

Highlighted filing

2014

Assets$2,499,905
Liabilities$0
Net Assets$2,499,905
Open 2014 Filing

Operations Trend

Revenue Growth45th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $451,7932010Expenses 2011: $319,8702011Expenses 2012: $124,2452012Revenue 2013: $263,980Expenses 2013: $126,319Net Income 2013: $137,6612013Revenue 2014: $270,357Expenses 2014: $120,149Net Income 2014: $150,2082014Revenue 2015: $44,360Expenses 2015: $114,866Net Income 2015: -$70,5062015Revenue 2016: -$67,009Expenses 2016: $118,537Net Income 2016: -$185,5462016Revenue 2017: $100,227Expenses 2017: $121,645Net Income 2017: -$21,4182017Revenue 2018: $117,771Expenses 2018: $121,647Net Income 2018: -$3,8762018Revenue 2019: $16,146Expenses 2019: $116,777Net Income 2019: -$100,6312019Revenue 2020: $77,152Expenses 2020: $117,183Net Income 2020: -$40,0312020Revenue 2021: $82,972Expenses 2021: $113,384Net Income 2021: -$30,4122021Revenue 2022: $184,417Expenses 2022: $117,011Net Income 2022: $67,4062022Revenue 2023: $64,169Expenses 2023: $116,821Net Income 2023: -$52,6522023Revenue 2024: $20,678Expenses 2024: $116,833Net Income 2024: -$96,1552024

Highlighted filing

2014

Revenue$270,357
Expenses$120,149
Net Income$150,208
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Dec 9, 2014
Return Version
2013v3.0
Gross Receipts
$5,574,362
Mission and Program Overview

Mission

NONE

To provide support to detroit symphony orchestra, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,275,501$2,499,905▲ $224,404
Total Assets$2,275,501$2,499,905▲ $224,404
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,136,000$2,136,000→ $0
Temporarily Rstr Net Assets$139,501$363,905▲ $224,404
Total Net Assets Fund Balance$2,275,501$2,499,905▲ $224,404
Total Liabilities and Net Assets / Fund Balance$2,275,501$2,499,905▲ $224,404

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$2,275,500-▲ $344,553-$2,499,904
2013$2,315,061-▲ $86,758-$2,275,500
2012$2,286,392-▲ $152,914-$2,315,061
2011$2,470,352-▲ $135,910-$2,286,392
2010$2,646,515-▲ $275,630-$2,470,352
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleBaseOtherTotal
Comerica BankTrustee$3,065$18,334$21,399
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$270,357
Other Revenue
$0
Change in Net Assets
$150,208
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$117,863
Other Expenses$2,286
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$117,863--$117,863
Fees for Service Investment Mgmnt Fees-$2,286-$2,286
Total Functional Expenses$117,863$2,286$0$120,149
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
38-1385132-501(c)(3)To Provide Support to the Detroit Symphony Orchestra, Inc.$117,863
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8A

“This entity is structured as a trust and has a trustee rather than a board of directors.”

Form 990, Part VI, Section A, Line 8B

“This entity is structured as a trust and has a trustee rather than a board of directors.”

Form 990, Part VI, Section B, Line 11

“This entity is structured as a trust and has a trustee rather than a governing body. The tax return is reviewed by the senior director of accounting & finance and the cfo of detroit symphony orchestra, inc. Prior to filing.”

Form 990, Part VI, Section C, Line 19

“All documents are available to foundations, corporations, and board members upon request.”

FORM 990, PART VII:

“Compensation: investment management fees were paid to comerica bank as a trustee in the amount of $3,065. Investment management fees were paid to comerica bank from related organizations in the amount of $18,334. $14,404 was paid by the detroit symphony orchestra, inc. And $3,930 was paid by the detroit symphony orchestra endowment trust fund i to comerica bank.”

FORM 990, PART VI, SECTION B:

“Policies: no separate policies exist because the entity is governed by a trust document.”

Filing and Contact Details

Filer

EIN
38-2609947
Phone
3135765100

Signing Officer

Name
Linda Lutz
Title
Chief Financial Officer
Phone
3135765100
Signed
2014-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Parsons
Formed
1985
Legal Domicile
Mi
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Preparer
Lynne M Huismann
Phone
2483757100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Audited financial statements: detroit symphony orchestra endowment trust fund ii has an annual consolidated audit that includes related entities. The detroit symphony orchestra, inc. Audit committee supervises the audit process.”

Financial Statement Notes

PART V, LINE 4:

“The endowment funds are used to support the operations of the detroit symphony orchestra. The fund annually disburses the net income to support its operations.”

PART X, LINE 2:

“The dso and oprp are exempt from income tax under provisions of internal revenue code section 501(c)(3). Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the dso and recognize a tax liability if the dso has taken an uncertain positions that more likely than not would not be sustained upon examination by the irs or other applicable taxing authorities. Management has analyzed the tax positions taken by the dso, and has concluded that as of august 31, 2014, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The dso is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2010.”

Raw XML Appendix368 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE SUPPORT TO DETROIT SYMPHONY ORCHESTRA, INC.
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10JEREMIAH HESS
IRS990/BooksInCareOfDetail/PhoneNum03135765140
IRS990/BooksInCareOfDetail/USAddress/AddressLine103711 WOODWARD
IRS990/BooksInCareOfDetail/USAddress/City0DETROIT
IRS990/BooksInCareOfDetail/USAddress/State0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCode048201
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
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IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0117863
IRS990/CYInvestmentIncomeAmt0270357
IRS990/CYOtherExpensesAmt02286
IRS990/CYOtherRevenueAmt00
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IRS990/CYRevenuesLessExpensesAmt0150208
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IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO PROVIDE DISTRIBUTIONS TO THE DETROIT SYMPHONY ORCHESTRA, INC.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
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IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExcessBusinessHoldingsInd00
IRS990/ExpenseAmt0117863
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt02286
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IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0COMERICA BANK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt03065
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt018334
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
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IRS990/GainOrLossGrp/SecuritiesAmt0206047
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantAmt0117863
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0117863
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0117863
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05510052
IRS990/GrossReceiptsAmt05574362
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt064310
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt064310
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02275501
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02499905
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt05304005
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0NONE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02275501
IRS990/NetAssetsOrFundBalancesEOYAmt02499905
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0206047
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0206047
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt074196
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02136000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02136000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANNE PARSONS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0123388
IRS990/PYInvestmentIncomeAmt0263980
IRS990/PYOtherExpensesAmt02931
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0137661
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0126319
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0263980
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0150208
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CertificationInd0X
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd00
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0381385132
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc07
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0117863
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10THE DETROIT SYMPHONY ORCHESTRA INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd01
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0117863
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt02286
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02275500
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02499904
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0117863
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0344553
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt02931
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02315061
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02275500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0123388
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt086758
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt03721
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02315061
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0152914
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt03212
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt04128
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02646515
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02470352
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0447665
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0275630
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.85440
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE OPERATIONS OF THE DETROIT SYMPHONY ORCHESTRA. THE FUND ANNUALLY DISBURSES THE NET INCOME TO SUPPORT ITS OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE DSO AND OPRP ARE EXEMPT FROM INCOME TAX UNDER PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE DSO AND RECOGNIZE A TAX LIABILITY IF THE DSO HAS TAKEN AN UNCERTAIN POSITIONS THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE DSO, AND HAS CONCLUDED THAT AS OF AUGUST 31, 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE DSO IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2010.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.14560
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0117863
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE SUPPORT TO THE DETROIT SYMPHONY ORCHESTRA, INC.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10DETROIT SYMPHONY ORCHESTRA
IRS990ScheduleI/RecipientTable/RecipientEIN0381385132
IRS990ScheduleI/RecipientTable/USAddress/AddressLine103711 WOODWARD
IRS990ScheduleI/RecipientTable/USAddress/City0DETROIT
IRS990ScheduleI/RecipientTable/USAddress/State0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode048201
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0DETROIT SYMPHONY ORCHESTRA ENDOWMENT TRUST FUND II IS ORGANIZED TO SUPPORT THE DETROIT SYMPHONY ORCHESTRA, INC. THE ENDOWMENT TRUST FUND ANNUALLY DISBURSES THE NET INCOME TO THE DETROIT SYMPHONY ORCHESTRA SO LONG AS IT MAINTAINS, IN THE CITY OF DETROIT, MICHIGAN, A FIRST-CLASS SYMPHONY ORCHESTRA, PRESENTING IN EACH SEASON A REGULAR SERIES OF SYMPHONY CONCERTS IN ACCORDANCE WITH THE BEST TRADITIONS AND PRACTICES OF SUCH ORGANIZATIONS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS ENTITY IS STRUCTURED AS A TRUST AND HAS A TRUSTEE RATHER THAN A BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS ENTITY IS STRUCTURED AS A TRUST AND HAS A TRUSTEE RATHER THAN A BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THIS ENTITY IS STRUCTURED AS A TRUST AND HAS A TRUSTEE RATHER THAN A GOVERNING BODY. THE TAX RETURN IS REVIEWED BY THE SENIOR DIRECTOR OF ACCOUNTING & FINANCE AND THE CFO OF DETROIT SYMPHONY ORCHESTRA, INC. PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE TO FOUNDATIONS, CORPORATIONS, AND BOARD MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AUDITED FINANCIAL STATEMENTS: DETROIT SYMPHONY ORCHESTRA ENDOWMENT TRUST FUND II HAS AN ANNUAL CONSOLIDATED AUDIT THAT INCLUDES RELATED ENTITIES. THE DETROIT SYMPHONY ORCHESTRA, INC. AUDIT COMMITTEE SUPERVISES THE AUDIT PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION: INVESTMENT MANAGEMENT FEES WERE PAID TO COMERICA BANK AS A TRUSTEE IN THE AMOUNT OF $3,065. INVESTMENT MANAGEMENT FEES WERE PAID TO COMERICA BANK FROM RELATED ORGANIZATIONS IN THE AMOUNT OF $18,334. $14,404 WAS PAID BY THE DETROIT SYMPHONY ORCHESTRA, INC. AND $3,930 WAS PAID BY THE DETROIT SYMPHONY ORCHESTRA ENDOWMENT TRUST FUND I TO COMERICA BANK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6POLICIES: NO SEPARATE POLICIES EXIST BECAUSE THE ENTITY IS GOVERNED BY A TRUST DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine10DETROIT SYMPHONY ORCHESTRA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine11DETROIT SYMPHONY ORCHESTRA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10DETROIT SYMPHONY ORCHESTRA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11THE DETROIT SYMPHONY ORCHESTRA ENDOWMENT TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine12ORCHESTRA PLACE RENEWAL PARTNERSHIP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0381385132
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1237269970
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2383277549
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MUSIC PERFORMANCE AND EDUCATION PROGRAMS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1INVESTMENT ACTIVITIES TO SUPPORT THE DETROIT SYMPHONY ORCHESTRA, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2RENTAL OF PARKING DECK AND BUILDING IN AN EMPOWERMENT ZONE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt111A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt211A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine103711 WOODWARD AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine11611 WOODWARD AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine123711 WOODWARD AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0DETROIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City1DETROIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City2DETROIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State1MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State2MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode048201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode148226
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode248201
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0139501
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0363905
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02275501
IRS990/TotalAssetsEOYAmt02499905
IRS990/TotalAssetsGrp/BOYAmt02275501
IRS990/TotalAssetsGrp/EOYAmt02499905
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02286
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0117863
IRS990/TotalFunctionalExpensesGrp/TotalAmt0120149
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02275501
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02499905
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0117863
IRS990/TotalReportableCompFromOrgAmt03065
IRS990/TotalRevenueGrp/ExclusionAmt0270357
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0270357
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02275501
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02499905
IRS990/TotReportableCompRltdOrgAmt018334
IRS990/TransactionWithControlEntInd00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine103711 WOODWARD AVENUE
IRS990/USAddress/City0DETROIT
IRS990/USAddress/State0MI
IRS990/USAddress/ZIPCode048226
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA LUTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03135765100
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-12-09
ReturnHeader/Filer/BusinessName/BusinessNameLine10DETROIT SYMPHONY ORCHESTRA ENDOWMENT TRUST FUND II
ReturnHeader/Filer/BusinessNameControlTxt0DETR
ReturnHeader/Filer/EIN0382609947
ReturnHeader/Filer/PhoneNum03135765100
ReturnHeader/Filer/USAddress/AddressLine103711 WOODWARD AVENUE
ReturnHeader/Filer/USAddress/City0DETROIT
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode048226
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381357951
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10PLANTE & MORAN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine102601 CAMBRIDGE CT SUITE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0AUBURN HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode048326
ReturnHeader/PreparerPersonGrp/PhoneNum02483757100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LYNNE M HUISMANN
ReturnHeader/ReturnTs02014-12-16T13:20:11-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-09-01
ReturnHeader/TaxPeriodEndDt02014-08-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,499,905
Liabilities
$0
Net assets
$2,499,905
Revenue
$270,357
Expenses
$120,149
Net income
$150,208
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.02$0.12$0.10
2023Detailed filing. Detailed filing data is available for this year.$2.03$0.00$2.03$0.06$0.12$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$0.18$0.12$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.00$2.44$0.08$0.11$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$0.08$0.12$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$0.02$0.12$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$0.12$0.12$0.00
2017Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.10$0.12$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$0.07$0.12$0.19
2015Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$0.04$0.11$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.50$0.00$2.50$0.27$0.12$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.00$2.28$0.26$0.13$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$0.00$2.32$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.00$2.29$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.00$2.47$0.45