Memphis Symphony Orchestra Inc.

“Related party information among officers joe willer george falls trustee trustee brothers-in-law”

“Organization's process to review form 990 the 990 draft is reviewed by the audit committee, finance committee and management for verification. Once verified, a meeting is scheduled with the audit committee and management for a final review.”

“Enforcement of conflicts policy at least annually, all board members are required to review the organization's conflict of intrest policy and notify management of any conflicts or sign a statement that no such conflicts exist.”

“Compensation process for top official compensation is determined by review and approval by a governing board composed of persons who do not have a conflict of interest with determing the compensation arrangement. The board has relied on appropriate comparable data and documented its actions at the time they were taken.”

“Governing documents disclosure explanation governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“Contract labor: program service expenses 58,697. Management and general expenses 0. Fundraising expenses 35,260. Total expenses 93,957. Education & community: program service expenses 58,977. Management and general expenses 0. Fundraising expenses 0. Total expenses 58,977. Computer support & training: program service expenses 38,990. Management and general expenses 5,191. Fundraising expenses 12,812. Total expenses 56,993. Professional development: program service expenses 1,809. Management and general expenses 38,790. Fundraising expenses 539. Total expenses 41,138. Consulting & training: program service expenses 40,794. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,794. Music rental: program service expenses 22,244. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,244. Bank charges: program service expenses 15,207. Management and general expenses 6,231. Fundraising expenses 0. Total expenses 21,438. Sound & lights: program service expenses 17,700. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,700. Telefunding: program service expenses 0. Management and general expenses 0. Fundraising expenses 17,647. Total expenses 17,647. Donor relations: program service expenses 0. Management and general expenses 0. Fundraising expenses 15,568. Total expenses 15,568. Property taxes: program service expenses 7,432. Management and general expenses 2,984. Fundraising expenses 5,090. Total expenses 15,506. Instrument rental: program service expenses 10,889. Management and general expenses 890. Fundraising expenses 1,518. Total expenses 13,297. Telephone: program service expenses 4,907. Management and general expenses 1,971. Fundraising expenses 3,361. Total expenses 10,239. Repairs & maintenance: program service expenses 8,403. Management and general expenses 529. Fundraising expenses 902. Total expenses 9,834. Music licenses: program service expenses 9,604. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,604. Miscellaneous: program service expenses 5,172. Management and general expenses 105. Fundraising expenses 3,274. Total expenses 8,551. Lfec expense: program service expenses 6,088. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,088. Public relations: program service expenses 0. Management and general expenses 0. Fundraising expenses 5,747. Total expenses 5,747. Musician expense: program service expenses 4,997. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,997. Minor equipment: program service expenses 3,865. Management and general expenses 104. Fundraising expenses 177. Total expenses 4,146. Box office expense: program service expenses 3,097. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,097. Equipment rental: program service expenses 1,954. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,954. Taxes: program service expenses 0. Management and general expenses 894. Fundraising expenses 0. Total expenses 894.”

“Change in value beneficial interest 710.”

“The process has not changed from the prior year”