Nashville Symphony Association

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1 Nashville Symphony Association General Information Contact Information Nonprofit Nashville Symphony Association Address One Symphony Place Nashville, TN Phone (615) Fax Web Site Web Site Facebook Facebook Twitter Twitter At A Glance Year of Incorporation

2 Mission & Impact Statements Mission The Nashville Symphony inspires, entertains, and educates through excellence in musical performance. Background Led by Music Director Giancarlo Guerrero and President and CEO Alan D. Valentine, the Nashville Symphony is an essential artistic institution and educational resource in Middle Tennessee. Founded in 1946, the 83- member orchestra is today the largest performing arts nonprofit in Tennessee. With 170+ performances annually, the Nashville Symphony's concert schedule encompasses a diverse mix of classical, pops, jazz and family programs, along with extensive community engagement efforts. As part of its artistic vision, the Nashville Symphony is a leading proponent of American orchestral music. The orchestra pursues an aggressive program of performing works by American composers from all periods, preserving contemporary American compositions through high-quality commercial recordings, and expanding the American repertoire through commissioning projects. The Nashville Symphony has earned significant national recognition for its commitment to innovative programming, including numerous ASCAP Awards for Adventurous Programming and grants from the National Endowment for the Arts and Aaron Copland Fund for Music. The orchestra connects local audiences to leading creative voices in American music to advance the art form and create the next generation of symphonic favorites. The Nashville Symphony is one of the most active recording orchestras in the United States. In partnership with Naxos, the orchestra has released 29 recordings since These recordings have received a total of 24 GRAMMY nominations and thirteen GRAMMY wins. Award-winning recordings include Joan Tower's Made in America, Stephen Paulus' Three Places of Enlightenment and Michael Daugherty's Metropolis Symphony and Tale of Hemingway. Released in 2015, the orchestra's recording of Ben Folds' Piano Concerto debuted at No. 1 on the Billboard Classical and classical Crossover charts, and stayed in the Classical Crossover Top 20 in the first year of its release. Music education and community engagement have been at the heart of the Nashville Symphony's mission since the orchestra's beginnings. The organization now reaches more than 65,000 adults and children annually through its free education and community engagement programs. Every week during the school year, musicians and staff work directly with students across Middle Tennessee, offering performances, classroom presentations, curricular materials, instrument lessons and other hands-on learning opportunities. The Nashville Symphony's Community Concerts series brings the orchestra's music and artistry to neighborhoods across the region. 2

3 Impact 2017/18 Accomplishments: The Nashville Symphony was awarded a National Endowment for the Arts grant in support of its Violins of Hope initiative, a large-scale project featuring a collection of restored instruments played by Jewish musicians during The Holocaust. In addition to the artistic presentation of the restored instruments, the Symphony partnered with local organizations to curate an interfaith, citywide conversation about the power of music in creating hope, healing, and community. During the concert season, the orchestra performed repertoire from ten American composers on seven of our 14 Classical Series concerts. As a part of Violins of Hope, the orchestra commissioned, premiered, and recorded a major work by Jewish American composer Jonathan Leshnoff. The season showcased what this orchestra stands for: a focus on American music, excellent performances of classical repertoire, and education and engagement programs designed to motivate and inspire listeners of all ages and backgrounds. In the 2017/18 season, the NSO preserved and promoted contemporary American repertoire through three recording projects, featuring works by Christopher Rouse, Jonathan Leshnoff, and Tobias Picker. The orchestra's education initiatives continued to provide a range of hands-on, interactive music learning opportunities to a range of students across Middle Tennessee. In the 2017/18 season, the Symphony reached more than 65,000 people with its Education and Community Engagement program offerings. In the 2018/19 season, the Nashville Symphony will showcase American music through the commissioning, premiere, and recording of a major work by American composer Aaron Jay Kernis. Additionally, the Symphony will perform repertoire from ten American composers on seven of our 14 Classical Series concerts and will continue its widely-recognized efforts to preserve the contemporary American repertoire through five recording projects featuring works by Kernis, Tobias Picker, John Adams, and Christopher Rouse. The Nashville Symphony's Accelerando program will create professional opportunities for musicians from ethnic communities that are underrepresented in today's orchestras. Students in the upcoming season will attend regular music theory classes, youth orchestra rehearsals, chamber ensemble rehearsals, and Nashville Symphony Classical Series concerts. They will also receive valuable instruction from NSO musicians and other Nashville music professionals through private lessons and masterclasses. The NSO will continue to shape cultural life and enhance the community's access to high quality orchestral music through free concerts in community venues, affordable performances at Schermerhorn, and lifelong learning opportunities for people of all ages. Needs In order to ensure a successful future, the Nashville Symphony needs to: Sustain annual fundraising efforts, which reached $8.2 million in FY 18. Build a loyal audience for ticketed concerts through varied musical offerings of the highest quality. Continue building the artistic excellence of the orchestra by attracting and hiring top-quality musicians to fill open positions in the ensemble. Serve as an educational resource and partner for students and teachers, providing programs that meet the evolving needs of schools throughout Middle Tennessee. Make its programming accessible to everyone in the community through free and affordable performances and fruitful community partnerships. Achieving these goals will require broad community investment from dedicated partners and philanthropists to promote and preserve the Nashville Symphony's indispensable cultural mission. Other ways to donate, support, or volunteer To learn about opportunities to support the Nashville Symphony, please visit: Service Categories Primary Organization Category Arts,Culture & Humanities / Symphony Orchestras Areas of Service Areas Served TN - Bedford TN - Cheatham 3

4 TN - Cumberland TN - Davidson TN - Dickson TN - Franklin TN - Giles TN - Houston TN - Humphreys TN - Lawrence TN - Marshall TN - Maury TN - Montgomery TN - Putnam TN - Robertson TN - Rutherford TN - Sumner TN - Warren TN - Williamson TN - Wilson During the 2017/18 season, the Nashville Symphony sold more than 190,000 tickets to performances in the concert hall, purchased by Middle Tennesseans as well as visitors from across the United States and around the world. Over 90% of ticket purchases are made by Tennesseans from across the state. Visitors from across the United States and 30 international countries also attended Nashville Symphony performances, an indication of the Nashville Symphony's stature as a performing arts organization on a global scale. 4

5 Programs Programs Aegis Sciences Classical Series Description The Nashville Symphony's 2018/19 Classical Series will feature a robust mixture of classical music from living American composers as well as classical Masterworks. American repertoire to be performed include works by John Corigliano, Aaron Jay Kernis, Tobias Picker, Michael Torke, and Christopher Rouse, among others. The orchestra will also feature repertoire such as Ravel's Daphnis et Chloe, Tchaikovsky's Symphony No. 4, and Rachmaninoff's Piano Concerto No. 3. To view upcoming concerts, please visit: Nashville Symphony Aegis Sciences Classical Series Category Arts, Culture & Humanities, General/Other Musical Performances Population Served Adults,, Short Term Success The Symphony's Aegis Sciences Classical Series has succeeded in providing its audiences opportunities to experience traditional and adventurous programming performed by a world-class orchestra. Long term Success The Nashville Symphony seeks to redefine the place of the modern orchestra in contemporary American culture through adventurous programming of new music, creative collaborations with a variety of artists, and top-notch performances of the symphonic canon. Over the long term, the Nashville Symphony's Classical Series will contribute to the growth and recognition of the next generation of orchestral favorites written by American composers. Affordable and complimentary tickets to the Nashville Symphony's Classical Series will ensure that Middle Tennessee audiences of diverse ages and backgrounds experience the joy and pleasure of orchestral music. Program Success Monitored By The Nashville Symphony seeks to achieve recognized artistic success in high-quality performances and adventurous programming. The organization measures progress toward these goals through recognition by industry peers and competitive programs, as well as ticket sales and attendance numbers. The Symphony was awarded ASCAP Awards for Adventurous Programming which are presented annually at the League of American Orchestras national conference in 2011, 2012, and 2013 in recognition of its dedication to performing contemporary music. Nationally competitive grants from esteemed grant makers also indicate the high quality of the NSO's artistic work. In recent years, the Symphony has won grants from the National Endowment for the Arts, the Aaron Copland Fund for Music, and Women's Philharmonic Advocacy.Evaluating the success of concert offerings in the local Middle Tennessee market is primarily based on patron feedback, ticket sales, demand for services, and press reviews, among other methods. Examples of Program Success Since the opening of Schermerhorn Symphony Center in 2006, we have experienced significant audience growth. In our first season in the new concert hall, paid audiences increased by 145 percent, and figures over the ensuing decade have built on that growth. Other indicators of success include a total of 24 GRAMMY nominations and 13 GRAMMY Awards for our recordings, which attest to our artistic growth. 5

6 FirstBank Pops Series Description The Nashville Symphony's 2018/19 Pops Series consists of eight concert weekends, pairing the orchestra with musical icons such as Kristin Chenoweth, The Mavericks, and Martina McBride as well as musical tributes to Abba, Styx, Chicago the musical, and more. These performances highlight the orchestra's depth and excellence in performance across a wide variety of musical styles. To view upcoming concerts, please visit: Nashville Symphony FirstBank Pops Series Category Arts, Culture & Humanities, General/Other Music Population Served Adults,, Short Term Success The Nashville Symphony's Pops Series has succeeded in bringing a diverse slate of high-quality performers to Nashville, representing styles as wide-ranging as rock, country, jazz and Broadway. Long term Success The Pops Series seeks to attract a broad and diverse audience to Schermerhorn Symphony Center with programming that features some of today's finest pop artists. By presenting the highest-quality programming to sold-out houses, the Nashville Symphony gives music fans across the region the opportunity to enjoy the superb acoustics of Schermerhorn Symphony Center and the artistic quality of the orchestra. Program Success Monitored By Evaluating the success of the Pops Series is based on patron feedback, ticket sales, demand for services and press reviews, among other methods. Examples of Program Success As noted above, we have experienced significant audience growth since the opening of Schermerhorn Symphony Center in In our first season in the new concert hall, paid audiences increased by 145 percent, and figures over the ensuing decade have built on that growth. These figures indicate that we are continuing to engage our most dedicated patrons while also attracting new audience members. 6

7 Education Programs Description Category Population Served The NSO offers the following educational programs: 1) Young People's Concerts, which gives K-12 students the opportunity to experience the full orchestra. Programs are accompanied with in-depth, downloadable curriculum that align with state learning standards. 2) Open Dress Rehearsals invite students to observe the orchestra in action. 3) Ensembles in the Schools sends small groups of NSO musicians to perform in schools. 4) Masterclasses and Sectional Lessons provide resources, instruction, and performance coaching for individual student musicians and small groups. 5) The After-School Residency Program works in partnership with community schools and partner nonprofits to present a seven-part program for at-risk youth. 6) The Accelerando Program is an intensive education program designed to prepare gifted young students of diverse backgrounds for the pursuit of music at the collegiate level and beyond. In addition to the above programs, the Nashville Symphony engages area youth and their families through activities such as: Instrument Petting Zoos: hands-on opportunities for students to touch, feel and play a number of orchestral instruments Is it a Fiddle or a Violin?: offered in collaboration with the Country Music Hall of Fame; and Soundcheck, $10 student ticket subsidy to Classical concerts for students from kindergarten through graduate school. Arts, Culture & Humanities, General/Other Music K-12 (5-19 years), Families, Adults Short Term Success The Nashville Symphony engaged tens of thousands of students through its education programs last season. The Symphony continues to offer high-quality education programs in the Schermerhorn as well as in area schools and community locations, along with curriculum and resources for educators. Long term Success Program Success Monitored By Examples of Program Success The long-term goal of the Nashville Symphony's education programming is to provide comprehensive, barrier-free access to arts education programs for students across Middle Tennessee and to serve as a resource for families and schools. With school arts programs facing budgetary and resource limitations, the Symphony works to keep music education thriving in the classroom. As part of its commitment to serving the community, the Symphony will ensure that its education programs continue to be available to all students and teachers, whether they are in public, private or home schools. The quality of the Nashville Symphony's music education programs is determined by the number of people served, demand for services in the schools, and feedback from teachers, children, volunteers and musicians. For example, evaluation forms are distributed to teachers after every Young People's Concert, to guide the Symphony's education staff in revising and refining the program for effectiveness and musical quality. In evaluating the Nashville Symphony's education programs, Dr. Robert Horowitz of the Center for Arts Education at the Columbia University's Teachers College reported that parents noticed positive changes in their children's behavior as they learned to perform on their instruments, students expressed increased confidence and interest in developing their musical skills, and teachers reported becoming more comfortable using musical techniques in teaching curriculum courses. Music teachers gave positive feedback on how effectively professional-development workshops have assisted them with new teaching techniques. 7

8 Community Engagement Programs Description Category Population Served The Nashville Symphony's community engagement programs connect the orchestra with people across Middle Tennessee through free concerts at Schermerhorn Symphony Center and other venues across the region. Community Concerts bring the Nashville Symphony to public parks each summer, culminating with the orchestra's annual performance for the Nashville Fourth of July celebration. The Free Day of Music invites the community to the concert hall for performances throughout the day by dozens of local musical groups and the Nashville Symphony. Let Freedom Sing! celebrates the legacy of Dr. Martin Luther King Jr. and the ongoing impact of the Civil Rights movement. To learn more about our community engagement programs, please visit the Nashville Symphony's website. Arts, Culture & Humanities, General/Other Families, Adults, Aging, Elderly, Senior Citizens Short Term Success The Nashville Symphony's community engagement programs annually reach thousands of people from across Middle Tennessee. Short-term success includes reaching new audiences in public spaces around the region. Long term Success The Nashville Symphony seeks to share the experience of orchestral music with Middle Tennessee's growing and increasingly diverse population, both by inviting people to Schermerhorn Symphony Center and taking the orchestra out to parks and other venues in the community. Program Success Monitored By The success of the Symphony's community engagement programs is determined by total number of people served, demand for the orchestra's services by the public, successful implementation of high-quality presentations, the ability to reschedule due to unforeseen events and feedback from the public and community partners. Examples of Program Success The Nashville Symphony has held annual community concerts for many years. Some of these, including the Let Freedom Sing! concert and concerts in the outlying communities of Lebanon and Lafayette, are community events that involve volunteer committees and collaborations with other organizations. Attendance at these concerts is routinely high. The Symphony performs during Nashville's annual Fourth of July concert at Ascend Amphitheater exposing 240,000 people to a live orchestral performance. In addition, demand for the Nashville Symphony's services is high, and the orchestra attempts to accommodate as many concerts as the musicians' schedules will allow. 8

9 Coffee & Classics Series Description Category Population Served Examples of Program Success The Coffee & Classics Series is a daytime concert series that features masterpieces from the orchestral repertoire. Designed to connect listeners of all ages, including senior citizens, to accessible musical experiences at Schermerhorn Symphony Center, the concerts are offered at an affordable price ($24 $50) at 10:30 a.m. on Friday mornings. Coffee and pastries are served in the main lobby before performances, giving audience members an opportunity to socialize before the concert. Patrons can take tours of Schermerhorn Symphony Center and enjoy lunch in the cafe after the concert.to view upcoming concerts, please visit:nashville Symphony's Blakeford Coffee & Classics Series Arts, Culture & Humanities, General/Other Musical Performances Adults, Aging, Elderly, Senior Citizens, The Nashville Symphony created the Coffee & Classics Series during the 2013/14 season. In its first season, these concerts drew, on average, 621 patrons per concert. During the 17/18 season, Coffee & Classics concerts drew an average attendance of 679 people per concert. The growing audience for the Coffee & Classics Series indicates that the Nashville Symphony is meeting a clear need for daytime cultural programming in Nashville and across Middle Tennessee. CEO Comments In addition to the concert series listed, the Nashville Symphony produces many more concerts each year. Special event concerts pair the orchestra with popular guest artists for one or two nights throughout the year. During the 2018/19 season, notable performances include concerts with Chris Botti, Brian Wilson, and Frankie Valli. In 2018/19, the orchestra will perform a series of movie concerts, playing the soundtracks of Home Alone, Harry Potter and the Order of the Phoenix, and Beauty & the Beast while the films are projected overhead. The Ann & Monroe Carell Family Trust Family Series offers four Saturday-morning concerts for children and families, with pre-concert activities and an interactive Instrument Petting Zoo. The 2018/19 season includes performances of beloved pieces by Gustav Holst and Felix Mendelssohn, as well as a Grinch Christmas Sing-along. 9

10 Governance Board Chair Board Chair Mr. Kevin W. Crumbo Company Affiliation Pine Haven Family Office Term Aug 2018 to July pinehavenfamilyoffice.com Board Members Name Affiliation Status Mr. Newman Arndt Johnathon Arndt Gallery of Jewels Voting Mr. Russell Wayne Bates Deloitte Voting Dr. Victor Braren Mid-State Urology Voting Mrs. Thallen Brassel Nelson Mullins Riley & Scarborough LLP 10 Voting Father Dexter Brewer Christ the King Church Voting Mr. Christopher Byron Burger The Burger Group Voting Mrs. Pamela L. Carter Retired Voting Mr. Kevin Crumbo KraftCPAs Voting Mrs. Carol Daniels Tennessee Press Association Voting Mr. Andrew Giacobone Retired Executive Voting Mr. Edward A. Goodrich Caterpillar Financial Services Voting Mrs. Debra L. Greenspan VA Tennessee Valley Healthcare System Voting Ms. Brenda Griffin Griffin Investments Voting Mr. Derek Hawkes Nashville Symphony Voting Mr. Michael Hayes C.B. Ragland Company Voting Mr. Christopher Holmes FirstBank Voting Ms. Vicki Horne Community Volunteer Voting Mrs. Martha R. Ingram Ingram Industries Inc. Voting Mr. Orrin Ingram Voting Mr. William Jarell Jones Jr. Turner Law Offices, P.C. Voting Mr. Richard L. Miller Earl Swensson Associates, Inc Voting Ms. Louise Morrison Nashville Symphony musician Voting Ms. Kate Munagian Nashville Symphony Voting Mr. Pat Murphy Retired Voting Mr. Michael D. Musick BDO Voting Mr. Robert Duncan Olsen AutoZone, Inc (Retired) Voting Mrs. Victoria Pao Angel Investors Voting Dr. Mark D. Peacock Mid State Pulmonary Associates Voting Mr. W. Brantley Phillips Jr. Bass, Berry & Sims Voting Mr. Ric Potenz Retired Voting Ms. Jennifer Puryear Community Volunteer Voting

11 Ms. Allison Reed Tivity Health Exofficio Dr. Janice Riley-Burt Family Medicine Physician Voting Dr. E. Kelley Sanford Tennessee State University Voting Ms. Carolyn W. Schott Sherrard Roe Voigt & Harbison PLC Voting Mr. James C. Seabury III Enterprise Electric, LLC Voting Mr. Luis Solana Bridgestone Americas, Inc. Voting Mr. Jeremy Tucker Nissan North America Voting Mr. Alan D. Valentine Nashville Symphony President and CEO Exofficio Mr. Glen Wanner Nashville Symphony Voting Mr. Jonathan Weaver EY Voting Mr. Jim White Farmer Purcell White & Lassiter, PLLC Voting Mr. David Williams II Vanderbilt University Voting Ms. Betsy Wills Courage Capital Management Exofficio Ms. Clare Yang Nashville Symphony Musician Voting Mr. Alan Yuspeh HCA Voting Ms. Shirley Zeitlin Zeitlin & Co., Realtors Voting Board Demographics - Ethnicity African American/Black 6 Asian American/Pacific Islander 3 Caucasian 38 Hispanic/Latino 0 Native American/American Indian 0 Other 0 Board Demographics - Gender Male 30 Female 17 Unspecified 0 Governance Board Term Lengths 3 Board Term Limits 2 Board Meeting Attendance % 85% Written Board Selection Criteria? Written Conflict of Interest Policy? Yes Yes Percentage Making Monetary Contributions 100% Percentage Making In-Kind Contributions 0% 11

12 Constituency Includes Client Representation Yes Number of Full Board Meetings Annually 4 Standing Committees Audit Board Governance Building By-laws Community Outreach / Community Relations Development / Fund Raising Education Endowment Executive Finance Human Resources / Personnel Investment Marketing Nominating Program Special Events Strategic Planning Risk Management Provisions Accident & Injury Coverage Automobile Insurance Commercial General Liability Computer Equipment & Software Crime Coverage Directors & Officers Policy Disability Insurance Fine Arts & Collectibles General Property Coverage Life Insurance Medical Health Insurance Property in Transit & Off Premises Special Event Liability Umbrella or Excess Insurance Workers Compensation & Employers' Liability CEO Comments The Nashville Symphony is governed by a 47-member Board of Directors comprised of a cross-section of the community. Board members agree to a set of mutual expectations when they accept a seat on the Nashville 12

13 Symphony Board of Directors: 1. To make a significant, personally meaningful contribution to the Annual Campaign. 2. Leverage personal and corporate influence to secure individual contributions and sponsorship support for the Annual Campaign. 3. Purchase subscriptions (preferably the Classical Series), attend concerts, and bring guests to enjoy the Nashville Symphony's artistic excellence. 4. Attend Board meetings and actively participate in policy discussions and decisions. 5. Serve on at least one committee to support the artistic and cultural mission of the orchestra. 6. Attend at least one educational activity or event to better understand the organization's work in the community. 7. Advocate on behalf of the orchestra to the community. Foundation Staff Comments "Some of the Nashville Symphony's 81 board members are Ex-Officio Board members. 84 contract staff are full-time musician employees." 13

14 Management Executive Director/CEO Executive Director Term Start June Mr. Alan D. Valentine Experience Alan D. Valentine joined the Nashville Symphony as its President and CEO in June Since then, he has presided over an unprecedented period of growth at the Symphony, highlighted by 13 GRAMMY Awards and 24 GRAMMY nominations; 29 highly regarded and best-selling CD releases on Naxos, Decca and other labels; a total of nine national television broadcasts, one of which won the Symphony an Emmy Award; multiple national radio appearances; a critically acclaimed Carnegie Hall debut and sold-out East Coast tour; two consecutive and very successful endowment campaigns in which a total of $145 million was raised; and the construction of the world-class, acoustically superb Schermerhorn Symphony Center, which opened in September Prior to his Nashville appointment, Valentine served for 10 years as executive director of the Oklahoma Philharmonic Society in Oklahoma City, Okla. In addition, he served on the adjunct faculty of Oklahoma City University, where he taught graduate-level arts administration courses. A graduate of the University of Houston, Valentine also served as the chief executive of the Mid-Columbia Symphony in Richland, Wash., the Greensboro (N.C.) Symphony and the Chattanooga Symphony and Opera Association. Former CEOs Name Term Mr. Steven J. Greil Jan Aug 1994 Mr. Stephen R. Vann Sept Feb 1998 Staff Full Time Staff 153 Part Time Staff 243 Volunteers 245 Contractors 40 Retention Rate 93% Plans & Policies Does the organization have a documented Fundraising Plan? Yes Does the organization have an approved Strategic Plan? Yes Number of years Strategic Plan Considers 5 When was Strategic Plan adopted? July 2015 In case of a change in leadership, is a Management Succession plan in place? No 14

15 Does the organization have a Policies and Procedures Plan? Yes Does the organization have a Nondiscrimination Policy? Yes Does the organization have a Whistle Blower Policy? Yes Does the organization have a Document Destruction Policy? Yes Affiliations Affiliation Year AFP (Association of Fundraising Professionals) 1997 ANE (Association of Nonprofit Executives) 2001 Center for Nonprofit Management Excellence Network 1999 National Endowment for the Arts 1987 Nashville Arts Coalition 2001 Tennesseans for the Arts 2002 Metro Arts Commission 1991 Tennessee Arts Commission 1987 International Auditorium and Arena Managers Organization 2006 Nashville Downtown Partnership 2006 Planned Giving Council of Nashville 2005 Williamson County Chamber of Commerce 2008 League of American Orchestras 1946 National Recording Academy of Arts and Sciences (NARAS) 1999 American Association of Grant Professionals 2010 Americans for the Arts 2009 Awards Awards 15

16 Award/Recognition Organization Year Award for Excellence in Fundraising Gold Addy Award - for nsokids.org website Emmy Award - Best Live Special Televised Event (for Opening Gala 2006) Grammy Award - Best Orchestral Performance Grammy Award - Best Classical Album Awards for Adventurous Programming - 2nd place Awards for Adventurous Programming - 3rd Place presented to the Nashville Symphony s fundraising team for the A Time for Greatness Campaign Awards for Excellence, recognizing building projects across North and South America - Finalist Excellence in Development Award Silver Anvil Award of Excellence Achievement in Marketing Award Grammy Award - Best Orchestral Performance Grammy Award - Best Classical Contemporary Composition Grammy Award - Best Engineered Album, Classical Grammy Award - Best Instrumental Solo, Classical Silver Anvil Award Awards for Adventurous Programming - 3rd Place Awards for Adventurous Programming - 2nd Place Awards for Adventurous Programming - 3rd Place GRAMMY Award - Best Classical Compendium GRAMMY Awards - Best Classical Compendium, Best Classical Instrumental Solo, and Best Contemporary Classical Composition GRAMMY Awards - Best Contemporary Classical Composition Internat'l Association of Fundraising Professionals Nat'l Advertising Federation - Local Chapter National Academy of Television Arts & Sciences National Academy of Recording Arts & Sciences National Academy of Recording Arts & Sciences ASCAP 2007 ASCAP 2008 Campbell & Company National Awards for Excellence in Fundraising 2007 Urban Land Institute 2009 Urban Land Institute - Nashville Chapter Public Relations Society of America (PRSA) Nashville American Marketing Association National Academy of Recording Arts & Sciences National Academy of Recording Arts & Sciences National Academy of Recording Arts & Sciences National Academy of Recording Arts & Sciences Public Relations Society of America (PRSA) ASCAP 2011 ASCAP 2012 ASCAP 2013 National Academy of Recording Arts & Sciences National Academy of Recording Arts and Sciences National Academy of Recording Arts and Sciences

17 Senior Staff Mr. Steven Brosvik Title Experience/Biography Chief Operating Officer Mr. Brosvik joined the Nashville Symphony in 2015 as Chief Operating Officer. An experienced orchestra manager with over twenty years in the field, Brosvik previously was COO of the Houston Symphony for ten years prior to his Nashville appointment. He has also held management positions with the St. Paul Chamber Orchestra, Baltimore Symphony, and San Antonio Symphony. He studied piano performance and Dalcroze pedagogy with Robert Abramson in New York before receiving his degree in Music Business from the University of St. Thomas in St. Paul, MN. Mrs. Marye Walker Lewis Title Experience/Biography Chief Financial Officer Marye Walker Lewis, a native Nashvillian, joined the Nashville Symphony in 2015 as Chief Financial Officer. She began her career in public accounting with Arthur Andersen, LLC, as an auditor, and worked with clients of both for profit and nonprofit organizations.prior to joining the Nashville Symphony, Marye was Vice President & Controller for Health To You, LLC, a subsidiary of HCA, where she led the Finance & Accounting function from 2011 through Previous to this time, Marye held various Vice President & Controller positions, and has a wide range of experience in all aspects of accounting, budgeting, management, financial forecasting, financial operations, treasury management, and implementing & improving internal controls.marye is a licensed Certified Public Accountant in the state of Tennessee, and holds a Bachelor's in Business Administration-Accounting Major from Middle Tennessee State University.Marye is also a member of the Tennessee Society of CPAs, and the American Institute of CPAs, and has served in a volunteer capacity with St. Cecilia Academy, Dress for Success, and Cathedral of the Incarnation, advising in various budgetary and financial related matters. Mr. Jonathan Norris Title Experience/Biography Vice President of Development Jonathan Norris joined the Symphony in January of Mr. Norris's previous experience includes work with the Nashvilles Predators and Gaylord Entertainment Center where he held similar positions. Jonathan graduated from Belmont University with a Music Business degree and then went on to get his Masters in Business Administration/Human Resources Management from the University of Phoenix. Jonathan is a member of the Middle Tennessee and National Chapters of the Society of Human Resource Management (SHRM) and is certified as a Professional Human Resource (SPHR) representative from SHRM. 17

18 Mr. Jonathan Marx Title Experience/Biography Vice President of Communications As Vice President of Communications for the Nashville Symphony, Jonathan Marx is responsible for developing cohesive marketing and communications strategy and supervising the institution's public relations, website, social media, graphic design, advertising, promotions, publications and archives. A member of the Symphony's administrative staff since July 2008, he is a former journalist with 18 years' combined experience as an editor, critic and reporter for the Nashville Scene and The Tennessean. Mr. Daniel Grossman Title Experience/Biography Vice President of Marketing Daniel B. Grossman, a Vice President of Marketing from Central New Jersey, comes to the Nashville Symphony as a 15-year veteran of strategic arts marketing and sales, staff management, and audience development. Daniel most recently worked at State Theatre Regional Arts Center in New Brunswick, NJ as Vice President of Marketing. Prior to that, he worked at The Community Theatre (now Mayo Center for the Performing Arts) in Morristown, NJ as Director of Marketing. He also worked for George Street Playhouse in New Brunswick, NJ as Group Sales and Advertising Manager. He graduated from Rutgers, The State University of New Jersey, where he earned a Master of Communication and Information Studies and a Bachelor of Arts in Communication and Theatre. A tenacious and driven business development and marketing leader, Daniel's core competencies include traditional, digital, and social arts marketing; audience development; public relations and branding; sales campaign execution; subscription and loyalty marketing; ecommerce, mcommerce, and web enhancement; strategic partnering; contract negotiation; staff management and training; budgeting; data analysis; board relations; and organizational planning. Ms. Ashley Skinner Title Experience/Biography Vice President of Human Resources Ashley Skinner joined the Nashville Symphony in August of 2007 and is responsible for all aspects of human resources and volunteer services. Prior to joining the Nashville Symphony, Ashley worked for Michael Baker International and Grant Thornton UK LLP. Ashley holds a Master of Education in Human Resource Development from Vanderbilt University and a Bachelor of Arts in Psychology from Rollins College. She is a certified Senior Professional in Human Resources (SPHR) as well as a Society for Human Resource Senior Certified Professional (SHRM-SCP). She has been a member of the Society for Human Resource Management since Ms. Jessica Slais Title Vice President of Artistic Administration Experience/Biography 18

19 Mr. Eric Swartz Title Experience/Biography Vice President of Venue Management Eric Swartz joined the Nashville Symphony in November 2005 and is no stranger to facility management. He grew up in the field of professional baseball working for his father managing a stadium and spring training facility in Florida. Most recently, Eric served 19 years at the Tennessee Performing Arts Center (TPAC) working up the ranks to Vice President & General Manager. During his tenure Eric has had the title of Audio Engineer, Technical Director, Production Manager and Director of Operations. He has managed or coordinated the technical aspects for theatrical productions, television/film, festivals and fundraisers. After his TPAC tenure, Eric returned to the production industry providing video and production services to corporate clients including specialized video taping of surgeries. CEO Comments The Nashville Symphony is dedicated to achieving the highest standard for excellence in musical performance and educational programs, while engaging the community, enriching audiences and shaping cultural life. In the 2017/18 season, the Nashville Symphony: Performed 190 concerts at Schermerhorn Symphony Center and at locations across the Middle Tennessee region. Reached 65,000+ children and adults through 20+ free education and engagement programs tailored to the needs of local schools and communities. Welcomed more than 193,000 ticket buyers to Schermerhorn Symphony Center.Reached more than 45,000 people through the Violins of Hope initiative through the creation of music, visual art, theater, readings and educational activities. 19

20 Financials Fiscal Year Fiscal Year Start Aug Fiscal Year End July Projected Revenue $27,966, Projected Expenses $27,966, Endowment Value $715, Endowment Spending Policy Income plus capital appreciation Endowment Spending Percentage (if selected) 5% Detailed Financials Revenue and Expenses Fiscal Year Total Revenue $21,841,887 $19,639,079 $21,964,406 Total Expenses $25,298,449 $27,685,757 $25,358,267 Revenue Sources Fiscal Year Foundation and Corporation $0 $0 $0 Contributions Government Contributions $265,405 $217,540 $263,650 Federal $0 $0 $0 State $0 $0 $0 Local $0 $0 $0 Unspecified $265,405 $217,540 $263,650 Individual Contributions $6,259,153 $4,481,118 $9,257,734 Indirect Public Support $0 $0 $0 Earned Revenue $11,199,911 $11,590,289 $9,328,347 Investment Income, Net of Losses $1,143,680 $526,965 $652,485 Membership Dues $0 $0 $0 Special Events $822,923 $718,556 $713,672 Revenue In-Kind $0 $0 $5,098 Other $2,150,815 $2,104,611 $1,743,420 20

21 Expense Allocation Fiscal Year Program Expense $21,409,274 $23,789,013 $22,008,866 Administration Expense $2,490,503 $2,657,288 $2,108,485 Fundraising Expense $1,398,672 $1,239,456 $1,240,916 Payments to Affiliates -- $0 $0 Total Revenue/Total Expenses Program Expense/Total Expenses 85% 86% 87% Fundraising Expense/Contributed Revenue 19% 23% 12% Assets and Liabilities Fiscal Year Total Assets $105,480,944 $109,322,963 $117,274,111 Current Assets $16,943,394 $19,521,542 $21,761,914 Long-Term Liabilities $0 $0 $0 Current Liabilities $27,654,801 $27,941,837 $28,087,030 Total Net Assets $77,826,143 $81,381,126 $89,187,081 Short Term Solvency Fiscal Year Current Ratio: Current Assets/Current Liabilities Long Term Solvency Fiscal Year Long-Term Liabilities/Total Assets 0% 0% 0% Top Funding Sources Fiscal Year Top Funding Source & Dollar Amount Program Revenue $11,199,911 Program Revenue $11,590,289 Earned Revenue $9,328,347 Second Highest Funding Source & Dollar Amount Third Highest Funding Source & Dollar Amount Contributions, Gifts, and Grants $6,259,153 Other revenue $2,150,815 Contributions, Gifts and Grants $4,481,118 Other Revenue $2,104,611 Contributions, Gifts & Grants $9,257,734 Ticket Handing Charges/Facility Fees $1,743,420 Capital Campaign Is the organization currently conducting a Capital Campaign for an endowment or the purchase of a major asset? No Capital Campaign Goal $0.00 State Charitable Solicitations Permit TN Charitable Solicitations Registration Yes - Expires Jan 2019 Registration No 0 Organization Comments Audit Highlights for FY 2017 (the 12 months ended July 31, audited):another clean audit opinion this year. For the past five years, our auditors have issued a clean opinion. (See pages 1-2 of audit.)operating loss before debt service was $307K. This represents a decline of $646K over prior year, related to the one time cash reimbursement from FEMA of approximately the same amount. See detail in the following areas (see page 18 of audit): - Operating revenue, including ticket sales, handling and processing fees, & transfers from 21

22 endowments, were off by 5%, or $750K, from $14 million in FY 16 to $13.2 million in FY 17. Ticket sales, handling fees, and rate variance on venue revenue caused the shortfall from prior year, as well as the decline in earnings transfers from the endowment. - Annual fundraising (support) increased 13%, from $7.3 million in FY16 to $8.2 million in FY16. Hitting $8.2 million in fundraising is a new record for the organization.- $599K in FEMA proceeds related to the final contract and settlement on flood repairs from 2010 occurred in prior year, which helped generated a $339K operating surplus. - $1.6 million in event rental gross profit up $144K, or 10%, over FY16.- $482K of additional revenue from three concerts at Ascend Amphitheater, in alignment with the Nashville Symphony's contract with Live Nation.- Total investment income increased by $645K to $799K, and was up more than 400% over prior year.debt paid down by $650,000, or 3%, from $21.3 million to $20.6 million. (See page 3 of audit.)overall decrease in net assets (consolidated deficit before the impact of depreciation) was $920K, as compared to $2.1 million in prior year, an improvement of $1.2 million, or 127% due mainly to increases in support & contributions year over year ($2MM improvement), and extraordinary improvement in our net investment income. (See page 18 of audit.) GivingMatters.com Financial Comments Financial figures are taken from the 990.Financial documents prepared by Crowe Horwath, LLP. Comments provided by Nicole Rose 04/12/2018. Created Copyright 2018 The Community Foundation of Middle Tennessee 22

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