HONOLULU SYMPHONY SOCIETY
HONOLULU SYMPHONY SO CIETYSta tem en t of op era tio nsand ch an ge s in fun d balan ce sof the Un res tri cte d Funds(Cont'd)fo r the ye ars end ed May 31 , 198 1 and 198 0EX PEN SES , inc lud ing Hawa ii Op era Th ea trei n 1 9 8 a (No t e 7) :Ar tis tic Or ch est ra sa lar ies , payr oll tax esand be ne fit sGu est co nd uc tor s and artis ts(d ef ici t)198 1198 0 1 ,07 2,9 4523 5,2 58 1 ,17 1,7 6930 3,7 491,3 08 ,20 31,4 75 ,51 810 1,9 7584 ,96 682 ,53 977 ,23 479 ,91 383 ,64 210 8,0 7768 ,18 552 ,60 848 ,34 699 ,11 641 ,15 441 ,18 723 3,9 5848 8,8 5571 4,0 4524 8,4 7285 ,66 032 ,10 521 ,91 36,7 381,3 3915 ,20 141 1,4 281,4 0327 2,0 7672 ,97 028 ,77 115 ,76 16,4 949,3 9813 ,38 641 8,8 5613 ,58 911 9,7 31Pr od uc t; ion -Pro gra ms and tic ke tsAd ve rti sin g and pro motio nAu dit ori um sOr ch est ra tra ve l and draya geSe ts, co stu me s, sou nd, au dit ion sand oth erMu sic re nt als and pu rchase sPr od uc tio n fee s, sa laries , pa yr olltax es and be ne fit sAd mi nis tra tiv e and Fu ndRa isi ng Of fic e sa lar ies , pa yroll tax es andoth er be ne fit sOf fic e re nt , su pp lie sand oth erOu tsi de se rv ice sFun d ra isi ng ex pe ns esDu esSa les co mm iss ion sOt he rIn ter es tLo ss on sa les of se curit iesTo tal ex pe ns es2,2 09 ,88 9Ex ces s of rev en ue ov er(un de r)ex pe ns esJND BALANCE (D EF IC IT) :Be gin nin g of ye ar2,7 41 ,73 920 6,3 64(58 2,9 69 )(92 ,92 2)49 0,0 47End of ye ar 11 3,4 42e acc om pan yin g no tes arean in teg ra l pa rt of thefin an cia l (92 ,92 2)sta ter ne nts .
HONOLULU SYMPHONY SOCIETYStatement of changes in Restricted Endowment Fund balance (Note 5)for the years ended May 31, 1981 and 1980Fund balance, May 31, 1979Gain on sales of securitiesFund balance, May 31, 1980 and 1981 159,81691,808 251,624The accompanying notes are an integral part of the financial statements.
HONOLULU SYMPHONY SOCIETYNotes to the financial statements4.National Endowment For The ArtsThe Women's Association contribution is primarily used as matchingfunds for NEA grants.Accordingly, the Women's Association contribution is reflected as revenue in the statement of operations.5.Andrew W. Mellon Foundation GrantThe Society is participating in a program of grants from the Andrew W.Mellon Foundation under which the Society may receive an appropriationof up to 150,000.The major provisions of the grant provide for theSociety to (a) obtain matching gifts through September 30, 1982 ofthree dollars for everyone dollar received from the Foundation and (b)treat all gifts applied to meet the Foundation's matching requireme t,as well as the Foundation's grants, as permanent e ndowrue n t .Incomeearned on funds received from the Foundation and on matching gifts isavailable to improve the Society's net current position.During fiscal 1979, gifts totaling 152,262 were designated for matching purposes by the Board of Directors and the first 50,000 of thegrant was applied for and received.In this connection the Board ofDirectors approved the establishment of a new Restricted Endowment Fundand, as of May 31, 1979, investment securities and cash with an aggregate value of 202,262 ( 159,816 at carrying value) were designated asassets of the new Restricted Endowment Fund.As required by the grant,May 31, 1981 and 1980:the following information is provided as of1981Unrestricted Funds Total assets, excluding fixedassets at depreciated costTotal liabilities, excludingnoncurrent portion of notepayableWorking capital (deficit)1980 318,263 160,573212,052261,959 106,211 (101,386)
HONOLULU SYMPHONY SOCIETYNotes to the financial statements6.Commitments And Contingent LiabilitiesThe Society entered into a two-year agreement with the Musician's Association of Hawaii, Local 677, effective June 1, 1980.The terms of theagreement, as amended on August 8, 1980, provide for the Society to:Employ fifty-seven full contract musicians for the 1981-82season at a minimum of 360 per week and that the seasonconsist of thirty-eight weeks including three weeks paidvacation.Under contracts subsequently signed with the fifty-sevenmusicians, the aggregate amount payable for the 1981-82season is approximately 890,000.At August 31, 1981,approximately 835,000 remained payable through the end ofthe 1981-82 season.Pay severance whenever the Society does not reissue apersonal contract to any full contract musician who has beenemployed continuously. for five years or more.The severancepay ranges from 500 to 1,000 based upon the number ofyears employed.At May 31, 1981, twenty-eight full contractmusicians had five or more years of continuous service.Under contracts subsequently signed with guest artists, the aggregateamount payable for the 1981-82 season is a pp r o x i ma t e Ly 193,000.AtAugust 31, 1981, approximately 152,000 remained payable t h r ou qh theend of the 1981-82 season.7.OperaEffective June 1, 1980, the Board of Director's of the Society authorized Hawaii Opera Theatre, a division of the Society, to separate itsoperations from those of the Society and the transfer of all operasets, materials and other items formerly used by the opera for operaproductions to the Hawaii Opera Theatre.The cost of these items hadbeen charged to operations in previous periods.In fiscal 1981, the Society entered into a contract to provide HawaiiOpera Theatre the services of its orchestra and ticket office personnelfor certain opera performances.Total fees received by the Society forsuch services amounted to 88,868.
HONOLULU SYMPHONY SOCIETYStatement of operations and changes in fund balances (deficit)of the Unrestricted Fundsfor the years ended May 31, 1980 and 19791980REVENUES:Ticket revenues and concert fees Subscription concertsSpecial concertsOperas (Note 8)Starlight concertsYouth concertsToUr concertsPOPS concerts 371,766335,886203,76889,44446,41543,00037,5971979 075,000443,250470,600449,155479,972Program advertising49,57949,344Dividends and interest48,908116,869Women's Association contribution (Note 5)35,00036,0005,0023,3732,158,7702,026,862Grants National Endowment for the Arts (Note 5)StateCity and County of HonoluluFoundation grants for specific concertsContributions and bequestsOtherTotal revenuesThe accompanying notes are an integral part of the financial statements.
HONOLULU SYMPHONY SOCIETYStatement of operations and changes in fund balances (deficit)of the Unrestricted Funds (Cont'd)for the years ended May 31, 1980 and 197919791980EXPENSES:Artistic Orchestra salaries, payroll taxes andbenefitsGuest conductors and artists ion Production fees, salaries, payrolltaxes and benefitsAuditoriumsSets, costumes, props and otherAdvertising and promotionPrograms and ticketsOrchestra travel and drayageMusic rentals and purchasesAdministrative and Fund Raising Office salaries, payroll taxes andother benefitsOffice rent, supplies and otherOutside servicesFund raising expensesSales commissionsDuesOtherLoss on sales of securitiesInterestTotal expensesExcess of expenses over revenues(440,956)(582,969)FUND BALANCE (DEFICIT):Beginning of yearTransfers to Restricted Endowment FundEnd of year 1,040,819(109,816)490,047 ( 92,922) 490,047The accompanying notes are an integral part of the financial statements.
HONOLULU SYMPHONY SOCIETYStatement of changes in Restricted Endowment Fund balance (Note 6)for the years ended May 31, 1980 and 1979Fund balance, May 31, 1978Transfer from Unrestricted Funds 109,816Mellon Foundation grantFund balance, May 31, 1979Gain on sales of securitiesFund balance, May 31, 1980159,81691,808 251,624The accompanying notes are an integral part of the financial statements.
HONOLULU SYMPHONY SOCIETYNotes to the financial statements3.InvestmentsAt May 31, 1980 and 1979, the carrying value of investments and relatedvalue at market quotation were as follows:CarryingvalueValue atmarket quotation1980--un estricted Funds 9,188247,687 11,000243,600 256,875 254,600 907,857159,696 825,500202,100Restricted Endowment Fund1979--unrestricted FundsRestricted Endowment Fund 1,067,5534. 1,027,600Note PayableDuring fiscal 1980, the Society purchased a duplicating machine financed in part by a 13.25% five-year installment note requiring monthlypayments of 309 including interest.The equipment is pledged ascollateral for the note.At May 31, 1980, the current portion of thenote amounted to 2,300.5.National Endowment For The ArtsChallenge Grant The Society was awarded a 100,000 challenge grant by the NationalEndowment for the Arts (NEA).The major provisions of the grantprovide for the Society to (a) initially obtain 100,000 of new
HONOLULU SYMPHONY SOCIETYNotes to the financial statementscontributions or pledges to be paid by the end of the grant period,May 31, 1981, and (b) broaden its base of financial support by anadditional 300,000 during the grant period.During fiscal 1979, the Society, upon satisfying provision (a) above,applied for and received the 100,000 from the NEA which has beenreflected as grant income.During fiscal 1980, the other provisionsof the challenge grant were met.Other NSA Grants The Women's Association contribution is primarily used as matchingfunds for other NEA grants.Accordingly, the Women's Associationcontribution is reflected as revenue in the Statement of Operations.6.Andrew W. Mellon Foundation GrantThe Society is participating in a program of grants from the Andrew W.Mellon Foundation under which the Society may receive an appropriationof up to 150,000.The major provisions of the grant provide for theSociety to (a) obtain matching gifts through September 30, 1980 ofthree dollars for everyone dollar received from the Foundation and (b)treat all gifts applied to meet the Foundation's matching requirement,as well as the Foundation's grants, as permanent endowment.Incomeearned on funds received from the Foundation and on matching gifts isavailable to improve the Society's net current position.During fiscal 1979, gifts totaling 152,262 were designated for matching purposes by the Board of Directors and the first 50,000 of thegrant was applied for and received.In this connection the Board ofDirectors approved the establishment of a new Restricted Endowment Fundand, as of May 31, 1979, investment securities and cash with an aggregate value of 202,262 ( 159,816 at carrying value) were designated asassets of the new Restricted Endowment Fund.As required by the grant,May 31, 1980 and 1979:the followinginformation is provided as of
HONOLULU SYMPHONY SOCIETYNotes to the financial statements19791980unrestricted Funds Total assets, excluding fixedassets at depreciated costTotal liabilities, excludingnoncurrent portion of notepayableWorking capital (deficit)7. 160,573 1,057,252261,959573,192 (101,386) 484,060Commitments And Contingent LiabilitiesThe Society entered into a two-year agreement with the Musician'sAssociation of Hawaii, Local 677, effective June 1, 1980.The terms ofthe agreement provide for the Society to:Employ fifty-seven full contract musicians for the 1980/81season at a minimum salary of 320 per week and that theseason consist of thirty-eight weeks of which thirty-fiveweeks will be salaried and three consecutive weeks will bewithout payUnder contracts subsequently signed with the fifty-sevenmusicians, the aggregate amount payable for the 1980/81season is approximately 700,000.At September 30, 1980,approximately 630,000 rema ined payable through the end ofthe 1980/81 season.Pay the Musician's Association 100,000 in the event that theSociety's 1981/82 union contract opening offer or finalcontract provides for less than fifty-seven full contractmusicians, a thirty-eight week fully paid season and aminimum salary of 350 per week.Pay severance wheneversonal cont ract to anythe Society does not reissue afull contract musician who hasperbeen
HONOLULU SYMPHONY SOCIETYNotes to the financial statementsemployed continuously for five years or more.The severancepay ranges from 500 to 1,000 based upon the number of yearsemployed.At May 31, 1980, thirty-seven full contractmusicians had five years or more of continuous service.Under contracts subsequently signed with guest artists and otherpersonnel, the aggregate amount payable for the 1980/81 season isapproximately 200,000.At September 30, 1980 approximately 180,000remained payable through the end of the 1980/81 season.During the period from June 1 through September 30, 1980, the Societycollected approximately 300,000 for tickets sold for 1980/81 seasonperformances.The first performance of the season is in October1980.8.OperaEffective June 1, 1980, the Board of Director's of the Society authorized Hawaii Opera Theatre, a division of the Society, to separate itsoperations from those of the Society and the transfer of all operasets, materials and other items formerly used by the opera for operaproductions to the Hawaii Opera Theatre.The cost of these items hadbeen charged to operations in previous periods.
HONOLULU SYMPHONY SOCIETYStatement of operations and changes in fund deficitof the Current Fund (continued)for the years ended M-ay-n-,-f97-9-and 19781979EXPENSES:Artistic Orchestra salaries, payroll taxes andbenefitsGuest conductors and artists Production Production fees, salaries, payrolltaxes and benefitsAuditoriumsOrchestra travel and drayageSets, costumes, props and otherAd ver t is ing and promo t ionPrograms and ticketsMusic rentals and purchasesAdministrative and Fund Raising Office salaries, payroll taxes andother benefitsOffice rent, supplies and otherOutside servicesFund raising expensesDuesSales commissionsOtherInterestLoss on sales of securitiesTotal expensesExcess of expenses over revenuesFUND DEFICIT:Beginning of yearNet transfers to (from) UnrestrictedEndowment FundsEnd of year983,722273,3841978894,829 06,41129,011399,13743,5858,942 6424,052(557,062)76,407 551,531 103,966The accompanying notes are an integral part of the financial statements.
HONOLULU SYMPHONY SOCIETYStatement of changes in fund balancesof the Endowment Fundsfor the years ended May 31, 1979 and 1978UnrestrictedFund balances, June 1, 1977Transfer to Current Fund (Note 2) 1,690,83442,938Gain on .sales of securities11,013Fund balances, May 31, 19781,144,785Transfer to Restricted Endowment FundLoss on sales of n Foundation grantFund balances, May 31, 1979 (600,000)Transfer from Current FundNet transfers from Current FundRestricted(Note 7) 1,041,578 159,816The accompanying notes are an integral part of the financial statements.
HONOLULU SYMPHONY SOCIETYNotes to the financial statements4.InvestmentsAt May 31, 1979, the carrying value of investments and related value atmarket quotation were as follows:CarryingvalueTotal Unrestricted FundsRestricted Endowment Fund 907,857159,696 1,067,553Value atmarket quotation 825,500202,100 1,027,600Investments with a carrying value of 610,000 (market quotation of 623,000) were pledged as collateral for the line of credit (see Note5).5.Notes Payable To BankAt May 31, 1979, the Society had short-term loans of 270,000 under as 4 0 0 , 0 0 0 bank 1 i n e a f c red it, be a r i ng i n t ere s t a t the p rime r a t e o f11.75%.At that date, marketable securities were pledged as collateral for the line of credit (see Note 4).Subsequent to May 31, 1979, the Society repaid the short-term notes infull.Certain Unrestricted Endowment Fund investments were sold and 205,000 was advanced to the Current Fund to retire these notes.6.National Endowment For The ArtsChallenge Grant The Society was awarded a 100,000 challenge grant by the NationalEndowment for the Arts (NEA).The major provisions of the grantprovide for the Society to (a) initially obtain 100,000 of new
HONOLULU SYMPHONY SOCIETYNotes to the financial statementscontributions or pledges to be paid by the end of the grant period,May 31, 1981, and (b) broaden its base of financial support b :{ anadditional 300,000 during the grant period.During fiscal 1979, the Society, upon satisfying provision (a) above,applied for and received the 100,000 from the NEA which has beenreflected as grant income.Management believes that all provisionsof the challenge grant will be met by May 31, 1981.Other NEA Grants The ,T omen's Association contribution is primarily used as matchingfunds for other NEA grants.Accordingly, the Women's Associationcontribution is reflected as revenue in the Current Fund Statement ofOperations.7.Andrew W. Mellon Foundation GrantThe Society is participating in a program of grants from the Andrew W.Mellon Foundation under which the Society may receive an appropriationof up to 150,000.The major provisions of the grant provide for theSociety to (a) obtain matching gifts through September 30, 1980 ofthree dollars for everyone dollar received from the Foundation and (b)treat all gifts applied to meet the Foundation's matching requirement,as well as the Foundation's grant, as permanent endowment.Incomeearned on funds received from the Foundation and on matching gifts isavailable to improve the Society's net current position.During fiscal 1979, gifts totaling 152,262 were designated for matching purposes by the Board of Directors and the first 50,000 of thegr ant was appl ied for and rece i ved.In th is connect ion the Board ofDirectors approved the establishment of a new Restricted Endowment Fundand, as of May 31, 1979, investment securities and cash with an aggregate value of 202,262 ( 159,816 at carrying value) were designated asassets of the new Restricted Endowment Fund.As required by the grant,May 31, 1979 and 1978:thefollowinginformationis provided as of
HONOLULU SYMPHONY SOCIETYNotes to the financial statements19781979Current Fund Total assets, excluding fixedassets at depreciated castTotal liabilitiesWorking capital deficitTotal Unrestricted Funds Total assets, excluding fixedassets at depreciated costTotal liabilitiesWorking capital8. 15,674573,192 774,675885,142 (557,518) (110,467) 1,057,252573,192 1,919,460?8S,142 1,034,318484,060CommitmentsThe Society has noncancelable leases expiring in November 1979 coveringits present office premises and is currently reviewing alternativeoffice sites.At May 31, 1979 , theaggregated 11,730.rni n irnumren talcammi tme n tsunde rthe se1 eases
HONOLULU SYMPHONY SOCIETYState ment of oper ation s and chan ges in fundbalan ces (def icit)of the Unre stric ted Fund sfor the year s ende d May 31, 1982 and 1981REVENUES:Tick et reven ues and conc ert fees Subs cript ion conc ertsSpec ial conc ertsStar ligh t conc ertsYouth conc ertsTour conc ertsPOPS conc ertsOthe r fees - Hawa ii Oper aThea tre (Note 7)Gran ts -StateNati onal Endo wmen t for the Arts (Note 4)City and Coun ty of Hono luluFoun datio n gran ts for spec ific conc ertsCont ribut ionsDivid ends and inte restProgr am adve rtisi ngWom en's Asso ciati on cont ribu tion (Note 4)Broa dcas tingGain on sale s of secu ritie sOthe rTota l reven ues1982 516,3 31208,7 55146,3 8749,24 130,49 01981 418,1 95220,2 50108,1 0836,44 521,87 825,47 8951,2 04830,3 54107,5 7788,86 81,05 8,78 1919,2 22240,0 00156,8 0075,00 053,50 0158,0 00132,0 0075,00 020,00 0525,3 00385,0 00640,8 8166,62 359,91 355,42 522,00 0936,3 8341,76 452,01 078,50 013,25 93,1642102,44 2,18 22,41 6,25 3C:J,The accom pany ing note s are an integ ral partof the fina ncia l state men ts.
HONOLULU SYMPHONY SOCIETYStatement of operations and changes in fund balances (deficit)of the Unrestricted Funds (Cont'd)for the years ended May 31, 1982 and 1981EXPENSES:Artistic Orchestra salaries, payroll taxesand benefitsGuest conductors and artists19821981 1,339,535238,397 2,209,889Production Advertising and promotionPrograms and ticketsOrchestra travel and drayageSets, costumes, sound, auditionsand otherAuditoriumsProduction fees, salaries, payrolltaxes and benefitsMusic rentals and purchasesAdministrative and Fund Raising Office salaries, payroll taxes andother benefitsOffice rent, supplies and otherOutside servicesFund raising expensesDuesSales commissionsOtherLoss on sales of securitiesInterestTotal expensesExcess of revenue over (under)expenses206,364(192,962)FUND BALANCE (DEFICIT):Beginning of yearEnd of year1,403(92,922)113,442s(79,520) 113,442The accompanying notes are an integral part of the financial statements.
HONOLULU SYMPHONY SOCIETYStatement of changes in Restricted Endowment Fund balance (Note 5)for the years ended May 31, 1982 and 1981Fund balance, May 31, 1981 and 1980Gift received (Note 5)Fund balance, May 31, 1982 251,62498,813 350,437The accompanying notes are an integral part of the financial statements.
HONOLULU SYMPHONY SOCIETYNotes to the financial statements2.InvestmentsInvestments are held by Hawaiian Trust Company, Limited, as custodian,for the Society.At May 31, 1982 and 1981, the carrying value ofinvestments and related fair value (value at market quotation forcommon stocks) were as follows:1982CarryingFairValueValueUNRESTRICTED FUNDSShort-term investments 13.776% Short-term InvestmentsCompany Open End NotesFederated Money Market TrustOtherOther investments in common stocksRESTRICTED FUNDShort-term investments Federated Money Market Trust13.776% Short-term InvestmentsCompany Open End Notes13.333% Wells Fargo Open End Note13.625% - 14.250% u.s. TreasuryNotesOther investments in COITUTOn stocks3. 64,800 64,8001981CarryingFairValueValue 34,00050012,3009,81611,80034,0005008,920 74,616 76,600 43,420 46,800 150,400 125,000126,200126,20026,18722,100 305,103 309,800 276,587 27:2,500Note PayableDuring fiscal 1980, the Society purchased a duplicating machine financed in part by a 13.25% five-year installment note requiring monthlypayments of 309 including interest.The equipment is pledged ascollateral for the note.At May 31, 1982, the current portion of thenote amounted to 2,994.
HONOLULU SYMPHONY SOCIETYNotes to the financial statements4.National Endowment For The ArtsThe Women's Association contribution is primarily used as matchingfunds for NEA grants.Accordingly, the Women's Association contribution is reflected as revenue in the statement of operations.5.Andrew W. Mellon Foundation GrantThe Society is participating in a program of grants from the Andrew W.Mellon Foundation under which the Society may receive an appropriationof up to 150,000.The major provisions of the grant provide for theSociety to (a) obtain matching gifts through September 30, 1982 ofthree dollars for everyone dollar received from the Foundation and (b)treat all gifts applied to meet the Foundation's matching requirement,as well as the Foundation's grants, as a permanent endowment.Incomeearned on funds received from the Foundation and on matching gifts isavailable to improve the Society's net current position.At May 31,1982, 50,000 of the grant had been received.During fiscal 1982, a gift of common stock with a fair value of 98,813was designated for matching purposes by the Board of Directors.Subsequent to May 31, 1982, the Society applied for 32,900 of thegrant appropriation.As required by the grant,May 31, 1982 and 1981:the following information is provided as ofunrestricted Funds Total assets, excluding fixedassets at depreciated costTotal liabilities, excludingnoncurrent portion of notepayableWorking capital (deficit)6.19821981 292,511 318,263379,674212,052 (87,163) 106,211Commitments And Contingent LiabilitiesThe Society entered into a one-year agreement with the Musician'sAssociation of Hawaii, Local 677, effective June 1, 1982. The terms ofthe agreement provide for the Society to:
HONOLULU SYMPHONY SOCIETYNotes to the financial statementsEmploy fifty-seven full contract musicians for the 1982-83season at a minimum of 371 per week and that the seasonconsist of thirty-eight weeks including three weeks paidvacation.Under contracts subsequently signed with the fifty-sevenmusicians, the aggregate amount payable for the 1982-83season is approximately 930,000.At August 31, 1982,approximately 805,000 remained payable through the end ofthe 1982-83 season.Pay severance whenever the Society does .not reissue apersonal contract to any full contract musician who has beenemployed continuously for five years or more.The severancepay ranges from 500 to 1,000 based upon the number ofyears employed.At May 31, 1982, thirty-two full contractmusicians had five or more years of continuous service.Under contracts subsequently signed with guest artists, the aggregateamount payable for the 1982-83 season is approximately 360,000.AtAugust 31, 1982, approximately 309,000 remained payable through theend of the 1982-83 season.7.OperaEffective June 1, 1980, the Board of Director's of the Society authorized Hawaii Opera Theatre, a division of the Society, to separate itsoperations from those of the Society and the transfer of all operasets, materials and other items formerly used by the opera for operaproductions to the Hawaii Opera Theatre.The cost of these items hadbeen charged to operations in previous periods.In fiscal 1981, the Society entered into a contract to provide HawaiiOpera Theatre the services of its orchestra and ticket office personnelfor certain opera performances.Total fees received by the Society forsuch services amounted to 107,577 and 88,868 in fiscal 1982 and 1981,respectively.
HONOLULU SYMPHONY SOCIETYStatement of operations and changes in fund balances (deficit)of the Unrestricted Fundsfor the years ended May 31, 1983 and 19821983REVENUES:Ticket revenues and concert fees Subscription concertsSpecial concertsStarlight concertsYouth concertsTour concertsOther fees - Hawaii OperaTheatre (Note 7)Grants StateNational Endowment for the Arts (Note 4)City and County of HonoluluFoundation grants for specific concertsContributionsWomen's Association contribution (Note 4)Dividends and interestProgram advertisingBroadcastingGain on sales of securitiesOtherTotal 359,91322,0002,901,08213,2592,442,182 .IThe accompanying notes are an integral part of the financial statements.
HONOLULU SYMPHONY SOCIETYStatement of operations and changes in fund balances (deficit)of the Unrestricted Funds (Cont'd)for the years ended May 31, 1983 and 1982EXPENSES:Artistic Orchestra salaries, payroll taxesand benefitsGuest conductors and artists19831982 1,391,733406,566 1962 . \ 6 3 5 , 1 4 4Production Advertising and promotionProduction fees, salaries, payrolltaxes and benefitsOrchestra travel and drayageAuditoriumsSets, costumes, sound, auditionsand otherPrograms and ticketsMusic rentals and purchasesAdministrative and Fund Raising Office salaries, payroll taxes andother benefitsOffice rent, supplies and otherOutside servicesFund raising expensesDuesSales commissionsOtherLoss on sales of securitiesInterestTotal expensesExcess of revenue over (under)expensesFUND BALANCE (DEFICIT):Beginning of yearEnd of years83,886(192,962)(79,520)113,4424,366 (79,520)The accompanying notes are an integral part of the financial statements.
HONOLULU SYMPHONY SOCIETYStatement of changes in Restricted Endowment Fund balance (Note 5)for the years ended May 31, 1983 and 1982Fund balance, June 1, 1981Gift received 251,62498,813Fund balance, May 31, 1982350,437Gifts received207,645Andrew W. Mellon Foundation Grant100,000Fund balance, May 31, 1983 658,082The accompanying notes are an integral part of the financial statements.
HONOLULU SYMPHONY SOCIETYNotes to the financial statementsinvestments and related fair valuecommon stocks) were as follows:UNRESTRI crso FUNDSShort-term investments 8.352% - 13.776% InvestmentCompany Open End NotesOther investments in common stocks(value at market quotation Value 53,500998 53,5001,100 64,8009,816 64,80011,800 54,498 '54,600 74,616 76,600 295,000 295,000 53,400 61,468103,200175,500125,000126,200 633,546 651,500 305,103 309,800RESTRIcrED FUNDShort-term investments 8.352% - 13.776% Investment CompanyOpen End Notes13.625% - 14.250% U.s. TreasuryNotes13.333% Wells Fargo Open End Note12% Promissory note collateralizedby a mortgage on an apartmentdue 1-19-85Other investments in common stocks3.Note PayableDuring fiscal 1980, the Society purchased a duplicating machine financed in part by a 13.25% five-year installment note requiring monthlypayments of 309 including interest.The equipment is pledged ascollateral for the note.At May 31,1983, the current portion of thenote amounted to 3,422.In July 1983 the Society obtained a 50,000 line of credit with Bank ofHawaii.Advances u
Starlight concerts Youth concerts ToUr concerts POPS concerts Grants - National Endowment for the Arts (Note 5) State City and County of Honolulu Foundation grants for specific concerts Contributions and bequests Program advertising Dividends and interest Women's Association contribut
HONOLULU, HI 6813-2437 TELEPHONE: 808-586-1400 FAX 808 , 585-1412 November 24, 1998 The Honorable Lee D. Donohue Chief of Police City and County of Honolulu Police Department 801 South Beretania Street Honolulu, Hawaii 96813 Re: RFO 98-04 - Honolulu Police Department Request for Opinion on The Honolulu Advertiser Request for Internal .
Virginia Symphony, Macon Symphony, and the Peabody Symphony Orchestra. He made his international conducting debut with the Princess Galyani Vadhana Youth Orchestra in Bangkok, Thailand, and has also conducted the Leipzig Symphony. He previously served as assistant conductor for the Spoleto Festival USA, the Portland Symphony Orchestra in Maine .
ERLINDA CACHOLA, MD Internal Medicine 936 Kalihi St Honolulu 96819 l (808) 845-9955 Humana ID: 908264 l UHC* ID: 00040009310 Also Speaks Cantonese p4 Honolulu Physicians *UnitedHealthcare CHARLIE SONIDO, MD Internal Medicine 1712 Liliha St #302 Honolulu 96817 l (808) 671-3911 Humana ID: 930578 l UHC* ID: 00040003201 1807 N King St. Honolulu .
Honolulu Harbor is 5 miles NW of Diamond Head and midway along the S coast of O ahu. Honolulu Harbor Entrance Light (21 17'45"N., 157 52'08"W.), 95 feet above the water, is shown from a white post on the SE point of the entrance cha nnel. The flashing green light can be easily identified against the background of Honolulu lights. Caution.
Symphony Orchestra and the Pittsburgh Symphony Orchestra prior to being engaged by the Chicago Symphony in 1944. An Interview with Edward Kleinhammer B.T.: Would you give a little history about your training years, where you are from, and your successive start with the Chicago Symphony. F.K.:
Hector/Priest Jorell Williams* Instrumentalists: Pablo Aslan, bass Richie Barshay, percussion . Music Coordinator John Miller Dramaturg/Assistant Director Julia Bumke . Detroit Symphony, New Jersey Symphony, Nashville Symphony, Dallas Symphony, San Antonio Symphony, Louisiana Philharm
2.7 Symphony in C: 0257 concluding sonority 65 2.8 Symphony of Psalms, rehearsal 5: set 0134 67 2.9 Symphony in Eb Scherzo rehearsal 13: 013 and 0134 71 2.10 Symphony in C Largo rehearsal 0: 014 72 2.11 Symphony in C: final cadence 013 (BCD) 72 2.12 Les Noces rehearsal 93: 0134 73 2.13 Glor
The Third Symphony (Symphonie Liturgique) was first performed here November 21, 1947, and the Fourth Symphony (Deliciae Basiliensis) April 1, 1949. When Serge Koussevitzky received the manuscript of the Fifth Symphony in 1951 he had retired as conductor of the Boston Symphony Orchestra, and asked his successor to introduce it.
