Score Magazine July 2015 - SPECIAL ANNUAL REPORT EDITION

PADUCAH SYMPHONY ORCHESTRA - SCORE NEWSLETTER JULY 2015 | 2

July 2015 THE MAGAZINE OF THE PADUCAH SYMPHONY ORCHESTRAScorethousand

students reached

12

R E P O R Tannual

P A G E T H R E E

E N D O W M E N Tbuilding an

P A G E F O U R

P A G E F I V E

s p e c i a l a n n u a l r e p o r t e d i t i o n

c o v e r p h o t o b yp a u l g r u m l e y

1 | PADUCAH SYMPHONY ORCHESTRA - SCORE NEWSLETTER JULY 2015

RAFFAElE PONTIArtistic Director & Conductor

20

15

-20

16

SE

AS

ON

brahms’ 2nd piano concerto12 September 2015 | 7:30pm | Carson CenterFabio Bidini, piano

tchaiKovsKy’s 6th symphony3 October 2015 | 7:30pm | Carson CenterWesley Skinner, cello

mahler’s 1st symphony7 November 2015 | 7:30pm | Carson Center

a christmas celebration12 December 2015 | 7:30pm | Carson CenterPSO Choruses & MSU Concert Choir

sibelius’ violin concerto20 February 2016 | 7:30pm | carson centerGary Levinson, violin

pictures at an eXhibition12 March 2016 | 7:30pm | Carson Center

beethoven’s 9th symphony16 April 2016 | 7:30pm | Carson Center PSO Choruses, MSU Choruses, & invited choirs

GARY lEVINSON

FAbIO bIDINI

RAFFAElE PONTIArtistic Director & Conductor

enc ore SERIES PERFORMANCESf R E E f O R S E A S O N S U b S C R i b E R SPlUS SEVEN

NEWSEASONSUbSCRibERSSAVE 50%!SUbSCRiPTiONSSTARTiNG AT

$69PADUCAH SYMPHONY.ORG760 Broadway • Paducah, ky 42001 • 270-444-0065

RESERVE YOUR SEATS ONlINE TODAY!


I am happy to report the Paducah Symphony Orchestra has had a good year in 2014/2015. Financially we have reduced our loss in 2013/2014 to break even. There were many highlights and I will discuss a few.The PSO took over the Misaligned Minds Bike ride in September as a fund raiser to replace the BBQ Beer and Wine Garden. With just a short notice and much help from Martha and Hutch Smith at Bike World $4K was raised. The goal for this year (2015/2016) is $15K with plans to reach $30K in the next few years.

John Shadle led the resurrection of Beat Beethoven and made $9k. This was a big improvement over past years and would have been even better if the weather had cooperated.

When it was determined that we would have to move the Sing-Off from Harrah’s to the Carson Center, there was significant concern about the impact it would have on this event. Mickey Brown and her committee did a great job revamping the program and the result was a very successful event raising $25K. We have received a great deal of positive feedback and now perceive the move to the Carson Center as a very positive change.

The education effort of the PSO continue to be successful with support from Raffaele, staff and the Education committee. This year a total of 12,805 students were involved in our various education programs. With the creative work of Daniel and Craig the new Score magazine has been both an artistic and a financial success. It is an excellent magazine and I have had many patrons tell me they read it cover to cover.

One of the big highlights of the year was the Carson-Myre Charitable Foundation Trust agreeing to give the PSO $50K/year for the next 20 years. We are required to match this each year. All the funds will go into an endowment which will not be available to the PSO until after the 20 year gifting period. We are very excited to have this opportunity to build a solid financial foundation to preserve the artistic and cultural legacy of the PSO for generations to come.

I express my sincere gratitude to the artistic staff, administrative staff, musicians, board members, volunteers, and our patrons for your efforts in making the PSO the vital and successful organization it is today. Your hard work has made an orchestra of which Paducah, McCracken County and the four state area can be proud. It has been an honor to serve as your President the last two years.

Roger TruittPresident

SERIES PERFORMANCES

from thel e t t e r p r e s i d e n t

GOVERNING BOARDRoger Truitt, PresidentDick Holland, SecretaryClay Howerton, President ElectMolly W. Blythe, Vice PresidentMickey Brown, Vice PresidentMary Grinnell, Vice PresidentRichard Roof, Vice PresidentJohn Williams, Jr, Past PresidentEdward BachR. Joe BurkheadMark H. DesmondNancy DuffCharles FolsomJuliette GrumleyJames Gwinn, JrKaren HammondMardie HerndonAnthony HunterTheodore S. HutchinsLisa MasseyCarol Ann NarozniakPhyllis PetcoffMichael ResnickDebbie ReynoldsBonnie SchrockPatty StoryBob TurokTRUSTEESAnne GwinnRichard RobertsDIRECTORS EMERITUSMargaret Hunt ArnoldJohn DrewTed Hirsch (deceased)C.P. Orr, MD (deceased)Harolyn RashcheJack Tick (deceased)

The Paducah Symphony Orchestra concluded its third annual week-long Summer Music Camp on June 26, 2015 with Steven Page as director. Just over 100 rising third through twelfth grade students participated in various ensembles, workshops and faculty performances at McCracken County High School. Students represented over 23 local public, private and home schools from far western Kentucky and southern Illinois.

The students worked throughout the week to strengthen existing and learn new musical skills.

This year senior faculty concentrated on preparing high school students for audition

music for the next school year.

Instructional sections varied among beginning strings, junior and senior chorus, jazz band, orchestra,

high notehits a

chamber winds and piano. A popular addition to the offerings this summer was American fiddle exploration taught by the PSO’s own Steve Schaffner.

Instructors for beginning and junior ensembles were local teachers, including: Amy Allen, Melissa Bogle, Steven Page, Carlyn Zimmerman, and veteran PSO musician Patty Story. The senior ensembles were taught by university music professors Dr. Bradley Naylor from Kentucky Wesleyan College and Dr. Jaemi Loeb from Centre College. Dr. Jim A. Cargill, a jazz musician, former music instructor and community college president, who recently retired to Paducah, taught the jazz ensemble.

Mary Grinnell and Devonda Treece served as accompanists for the choral groups. Kelley Ray, Spencer Sullivan and Tracy Leslie assisted the instructors. Roy and Janet Gilbert, Sandy Swann, Cindy


high note 12,805 students participated in the PSO’s Education programs during the 2014-2015 season. The PSO Education Committee, Maestro Ponti, and many dedicated volunteers passionately conduct a variety of educational programs designed for children and youth in our community. Below are brief highlights of the great work your funding supports.

The Paducah Symphony Youth Orchestra and Youth & Children’s Choruses met throughout the year performing several concerts in the community. 123 total students played or sang in the children’s and youth choruses, Sinfonia, and Youth Orchestra. Youth Orchestra students played side-by-side with the PSO at their February concert. In addition, a String Ensemble from the Youth Orchestra played in 5 schools for the Ensembles in Schools program. A Brass Quintet also played for this program at 3 schools. A total of 2,336 students were reached in this program, underwritten by Ronald McDonald House Charities.

The PSO sponsors a group of carefully coordinated outreach programs benefiting local youth. Musical Story Time, a partnership with the McCracken County Public Library, impacted 5,298 students in 61 programs with the Mozart Edition. Maestro Raffaele Ponti visited over 1,470 students in 13 schools this past school year. These Maestro Visits to third grade classrooms included lessons combining art and the music from “The Carnival of the Animals” in preparation for the Education Concert as presented by the Class Acts Education Series at the Carson Center. A total of 3,400 students attended the 2 matinee performances representing 35 schools and home-school groups. Some of those in attendance also participated in the Instrument Petting Zoo, which was assisted by 12 UT Martin students and faculty and 25 volunteers. The PSO also provided approximately 19 students the opportunity to sit next to a professional musician during a rehearsal of the PSO in a program called Musical Chairs. The Young Artist Concerto Competition, in partnership with Murray State University, was won by cellist Wesley Skinner, who was chosen from among 40 applicants. Skinner will perform next season with the Paducah Symphony Orchestra. Our recent Summer Music Camp served 100 students at the McCracken County High School. Finally, our Free Student Ticket program provided over 500 students an opportunity to

attend a PSO concert.

Poat, Dick Roberts, Roger Truitt, Sandra Cargill, Barbie Bastida, Janet Ward, Ed Bach, Sherry Shadle and Cathy Trampe volunteered during the five days of camp to serve lunches and provide other support services to the faculty. Dr. Paul Grumley photographed students during Friday’s Showcase Performance that was open to the public.

The Ronald McDonald House Charities, the PSO Board, and the Carson-Myre Foundation provided additional funding for the Summer Music Camp for numerous student scholarships. McCracken County High School allowed the Camp the use of its facilities at no charge.

OF CHIlDREN SERVED THROUGH PSO EDUCATION PROGRAMS

Record Number


p h o t o g r a p h y b y p a u l g r u m l e y

P A D U C A H S Y M P H O N Y O R C H E S T R A

$F R A M E W O R KF U T U R E

addition to end-of-life. In addition to outright gifts of cash and other assets, a charitable gift annuity relationship has been struck in which the donor can receive tax-advantaged lifetime income and a current tax deduction. Those interested should contact the PSO.

“I cannot say enough about the generosity of the Carson-Myre Charitable Foundation or about the incredible impact this will have for the PSO. I am so proud that this gives us permanence … I know the PSO will be here for my grandchildren, when many orchestras in America simply don’t have that

confidence,” says Roger Truitt, one of the Trustees as Past President.

Other Trustees are the PSO Vice President

for Development, Mickey Brown,

and three at-large members: Anne Gwinn, Richard Smith, and Richard Roberts.

As Score goes to press this

summer, the 2015 match is more than

halfway met. All patrons are invited and

urged to learn more by contacting the PSO office at

270-444-0065 or any of the Trustees personally.

“It’s just a great and appreciative effort with which to be associated. Ticket revenue only covers one-third of the cost of performance and educational programs, so income from

the Endowment is absolutely critical to our mission,” adds Truitt.

It is with much fanfare … pun intended … that the Paducah Symphony Orchestra announces a renewed and refreshed effort to build an endowment for the long-term financial health and support of the music and educational programming upon which we’ve all come to rely. At the center of the effort, the PSO Trustees are launching several efforts to broaden awareness and participation.

The strength of the endowment has been on-going concern for many years, but it has been dramatically brought to the forefront with a challenge from the Carson-Myre Charitable Foundation. Carson-Myre has agreed to match $50,000 per year for the next 20 years to the PSO Endowment, a tremendous commitment and an exciting opportunity. So, the focus is adding $2 million for the future.

A Symphony Society recognition group will appear later this year to acknowledge those that participate in the Endowment both in current giving and by naming the PSO Endowment in their estate documents or as the beneficiary of life insurance. Planning is underway for an event to celebrate Society membership as well as other distinctions. Those who choose future giving with a will or insurance are asked to let the PSO know of their commitment so it can be documented.

However, with the challenge of the match, the Trustees and other volunteers are working on current giving, in



Paducah Symphony Orchestra Annual Report Financials

FINANCIAL POSITION FY2015 FY2014ASSETS

Checking/Savings 23,043 42,402Accounts Receivable 112,833 146,580Other Current Assets 17,714 8,816Fixed Assets 72,783 72,783Endowment 151,425 147,930

TOTAL ASSETS 377,798 418,511LIABILITIES & EQUITY

Liabilities 389,914 442,308Equity (12,116) (23,798)

TOTAL LIABILITIES & EQUITY 377,798 418,510

INCOME & EXPENSES FY2015 FY2014

IncomeANNUAL FUND 430,328 339,864TICKET SALES 215,634 210,114FUNDRAISING & SPECIAL EVENTS 145,478 133,444OTHER INCOME 100,000 72,737

Total Income 891,440 756,159

ExpenseARTISTIC & PRODUCTION COSTS 186,019 158,235ARTISTIC PERSONNEL 357,053 337,230MARKETING COSTS 47,336 37,780DEVELOPMENT COSTS 75,646 68,441ADMINISTRATIVE COSTS 57,166 66,583ADMINISTRATIVE PERSONNEL 159,034 149,400

Total Expense 882,254 817,669Net Income 9,186 (61,510)

48%

24%

17% 11%

FY2015 INCOME

ANNUAL FUND

TICKET SALES

FUNDRAISING & SPECIAL EVENTS

OTHER INCOME

21%

40% 5%

9%

7%

18%

FY2015 EXPENSES

ARTISTIC & PRODUCTION COSTS

ARTISTIC PERSONNEL

MARKETING COSTS

DEVELOPMENT COSTS

ADMINISTRATIVE COSTS

ADMINISTRATIVE PERSONNEL

R E P O R TannualP A D U C A H S Y M P H O N Y O R C H E S T R A

Under the artistic leadership of my friend and colleague Raffaele Ponti, the Paducah Symphony Orchestra experienced another record-setting year in attendance at our subscription series concerts, and as you have

read in this report, our educational outreach has yet again surpassed new artistic heights. Additionally, as our budget continues to grow, it is remarkable to see our revenue growth catching up to our expenses.

There is not enough space here to properly thank the many individuals who gave of their time, talent, and treasure to make this past fiscal year a success. Raffaele and I continue to be humbled by the amazing staff, musicians, board, volunteers, and donors of the PSO. Thank you so much for all you continue to do to make your Paducah Symphony Orchestra stronger year after year.On the last page of this report, you will see a brief snapshot of some upcoming fundraising events for the Paducah Symphony Orchestra. In addition to the exciting news about the upcoming Misaligned Minds Bike Tour, and the 5th Annual Symphony Sing-Off, we are pleased to announce the PaBREWcah Beer Fest, which will be a new signature fundraising event for the PSO scheduled for June 2016. I invite you to stay tuned for more details about this exciting new event.

See you in the audience!Daniel Sene

F I N A N C I A l S

artistic staFFRaffaele Ponti

artistic director & conductor

Bradley Almquistdirector oF choruses

Natalie Krupanskyyouth chorus conductor

Steve Schaffneryouth orchestra conductor

Patty StorysinFonia conductor

administrative staFFDaniel Sene

eXecutive director

Christy Brindleybusiness manager

Teale Facklerdevelopment/education

coordinator

Craig FelkermarKeting manager

Reece Kingorchestra personnel manager

Rhonda Kingorchestra librarian

from thel e t t e r e X e c u t i v e d i r e c t o r


PaBREWcah

THINGS TO COME Save the Dates!S aT u r d ay, S E P T E M B E r 2 6at b o b n o b l e pa r K2 9 1 5 Pa r k aV E N u E • Pa d u c a h , k y

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o F F E r I N G 2 5 , 4 0 , 6 5 & 1 0 0 M I L E r o u T E S

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T h u r S d ay, N o V E M B E r 5at t h e c a r s o n c e n t e r

1 0 0 k E N T u c k y aV E N u E • Pa d u c a h , k y

c o m i n g J u n e 2 0 1 6t o pa d u c a h

S Tay T u N E d • Pa d u c a h , k y

featuring 2014 NBc Sing-Off winners,

MELODORES A CAPELLA

B E E R F E S T

760 BroadwayPaducah, Ky 42001

2 0 1 5 - 2 0 1 6S E A S O N S P O N S O R S

The Kentucky Arts Council, the state arts agency, supports The Paducah Symphony Orchestra with state tax dollars and federal funding from the National Endowment for the Arts.

A D V E R T I S E I N T H E N E X T I S S U E O FScore E M A I l C R A I G @ P A D U C A H S Y M P H O N Y . O R GO R C A l l ( 2 7 0 ) 4 4 4 - 0 0 6 5

PADUCAH SYMPHONY.ORG

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Score Magazine July 2015 - SPECIAL ANNUAL REPORT EDITION