REPOR T TO THE COMMUNIT Y

STATE WIDE IMPAC T

Dear Friends,As I reflect on the 2011/12 season, I am struck by the uniting force the North Carolina Symphony provides as its incredible concerts and events bring together our North Carolina community.

We launched the 2011/12 season with a vivid example of our role as a civic convener with a poignant remembrance of the tenth anniversary of 9/11 held at Meymandi Concert Hall. With the assistance of WRAL and UNC-TV, we were able to share this remembrance across the state. This performance, North Carolina Remembers 9/11, was presented free to all and demonstrated the power of music and the value that the North Carolina Symphony brings to the citizens of the state. This performance of the music of Mozart and North Carolina composer J. Mark Scearce was led by music director Grant Llewellyn and brought together the artistic resources of the North Carolina Master Chorale, and a powerful vocal cast. Local broadcasters David Crabtree and David Hartman, along with a multi-denominational group of area youth and president of the Triangle Interfaith Alliance, Nancy Huslage, presented readings of hope. This event also convened civic leaders, including Governor Bev Perdue, and honored our first responders and the military. This was a powerful start to the season that saw 170+ concerts performed by the orchestra throughout the state including a Western-Tour that took us to Mars Hill, Flat Rock and Cherokee.

Approaching our eight decade anniversary also provided an opportunity for examination of our future course. This past year, our Board, staff, orchestra and community members all totaling more than 100 participants thoughtfully contributed to the development of Strategy 2017, a mission, vision, and values-driven plan for the North Carolina Symphony. I am grateful for the many stakeholders both within and outside the organization that helped establish the goals within the areas of Excellence, Community, and Sustainability for Strategy 2017!

With a plan firmly in place, we celebrate the orchestra as they continue to perform at an extraordinary level — in the Triangle and across the state, travelling from county to county delivering our curriculum-supporting performances to thousands of North Carolina elementary school students. Ticket sales for our performances continue to grow (up 20% over 2010-2011). We are eternally grateful to our listeners who applaud our work and our patrons, the business community and the State of North Carolina who feel we are deserving of their philanthropic and financial support.

In 1932, the founders of the North Carolina Symphony had a grand vision to promote the vibrant cultural life of the state and foster its continued growth by making the highest caliber of live music performance available to each and every one of its citizens. Eighty years later the Boards of Trustees of the North Carolina Symphony continue to support the vision set forth by these innovators and we thank all of you for your ongoing support.

Catharine Biggs Arrowood | Chair, North Carolina Symphony Society, Inc.

2012th

ANNIVERSARY SEASON

th

ANNIVERSARY SEASON

BOARD OF TRUSTEESNorth Carolina Symphony Society, Inc. as of September, 2012

The North Carolina Symphony Society board of trustees is the governing body of the North Carolina Symphony. In its role as the operating board of the Symphony it sets policy, engages in long range strategic planning, promotes and secures financial resources to support the Symphony’s Mission, Vision and Values.

North Carolina Symphony Foundation Board as of September, 2012

The North Carolina Symphony Foundation Board is responsible for oversight of the permanent endowment of the Symphony. It solicits and receives gifts, and invests assets prudently for the exclusive use and benefit of the North Carolina Symphony Society.

OFFICERS Dr. Robert N. Eby, President, Chapel HillMr. Richard L. Daugherty, Vice President, Raleigh Mr. Edward M. Coman, Treasurer, RaleighMrs. Susan Montgomery, Secretary, Raleigh

Mr. Christopher P. Anderson, RaleighMs. Catharine Biggs Arrowood*, RaleighMrs. Carroll Clancy, RaleighMs. Margaret S. Glass, Raleigh Dr. Wm. Charles Helton, RaleighMr. David Heuser, RaleighMr. John L. Jernigan, RaleighDr. Mark E. Leithe, RaleighMrs. Bonnie Medinger, RaleighMr. Thomas L. Norris, Jr., RaleighMr. Donald M. Rorke, Chapel HillCol. Matt Segal, CaryMr. Josiah Stevenson, IV, PinehurstMr. David Wolf, CaryMr. R. Peyton Woodson, III, Raleigh

* Ex Officio Member

OFFICERS Ms. Catharine Biggs Arrowood, Chair, RaleighMr. Douglas C. Hornberger, Past Chair, RaleighMrs. Ruth Dzau**, Vice Chair, DurhamDr. Mary Susan Fulghum, Vice Chair, RaleighMr. David Strong, Vice Chair, RaleighMr. Don K. Davis, Treasurer, Raleigh Mr. Jeffrey B. Sheehan, Assistant Treasurer, Raleigh Dr. Sally C. Johnson, Secretary, RaleighMs. Sandi M. A. Macdonald, President & CEO, Raleigh

The Honorable June Atkinson*, RaleighSecretary Linda A. Carlisle*, GreensboroMr. Tim Clancy, RaleighMr. Jeffrey A. Corbett, RaleighMr. David R. Crabtree, RaleighMr. Dick Daugherty, RaleighMr. Robert C. Doherty**, RaleighDr. Marijanet Doonan*, PinehurstMr. John Duvall*, FayettevilleDr. Robert N. Eby*, Chapel HillMrs. Margaret Poyner Galbraith, RaleighMr. Robert Graham, Chapel HillMrs. Elaine Bryant Hayes, FayettevilleDr. Wm. Charles Helton, RaleighMr. Richard Hinson, Chapel HillMrs. Ella Ann Holding, Smithfield

Mr. Kevin Howell**, RaleighDr. Jaroslav Fabian Hulka, Chapel HillDr. Ted R. Kunstling, RaleighDr. Robert Lacin, RaleighMr. Branford Marsalis, DurhamMrs. Lee Anne McClymont, HillsboroughMr. Graham Mosely, WilmingtonMr. Sharat Nagaraj, RaleighMrs. Florence Peacock, Chapel HillThe Honorable Beverly Eaves Perdue*, RaleighMrs. Ashley Matlock Perkinson, RaleighDr. R. Scott Ralls, RaleighDr. P. Ramachandra Reddy, HendersonMr. Bing Sizemore, CaryMrs. Tracey Fodor Smith, FarmvilleMrs. Linda J. Staunch*, New BernDr. Shaler Stidham, Jr., RaleighMs. Sandra Sully, CaryMrs. Josie Walker, RaleighMrs. Jennie Harris Wallace, RaleighMrs. Susan Wynne Woodson, RaleighMrs. Darliene Woolner, CaryMr. Robert E. Zaytoun**, Raleigh

* Ex Officio Members** Governor’s Appointee

NORTH CAROLINA SYMPHONY | STATE HEADQUARTERS: 3700 GLENWOOD AVE, SUITE 130 | RALEIGH, NC 27612 | 919.733.2750 | FAX 919.781.6066 | www.ncsymphony.org

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Roanoke RapidsSold-out Holiday Pops performance in 1,400-seat Roanoke Rapids Theatre

WilsonWilson Education Partnership, Men’s Civic Club and local arts council make education concert a reality for 900 students

Mars Hill First visit since 1978; part of week-long spring 2012 concert tour in western North Carolina

Burnsville Timothy Babb, Band Director, Mountain Heritage High School, 2012 Maxine Swalin Award Winner for Outstanding Music Educator

Greensboro UNCG Performing Arts Series presented the orchestra

Raleigh “North Carolina Remembers 9/11” concert broadcast statewide on UNC-TV and locally on WRAL-TV.

Winston-Salem Performance for annual NC Music Educators Association (NCMEA) Conference

Celebrated significant milestones with performances in • New Bern (Craven County’s 300th anniversary)• Fayetteville (250th anniversary)

Four 2012 Bryan Youth Concerto Competition winners: Orange, Forsyth and Buncombe counties.

In 1943, North Carolina became the nation’s first state to provide continuing funding for a statewide orchestra. The North Carolina Symphony is grateful to the State of North Carolina and the North Carolina Department of Cultural Resources for its continued financial support.

EDUCATION Music education has always been a cornerstone of our mission. 2011/12 provided the state’s students and educators ample opportunities to interact with the orchestra and experience the thrill of hearing the finest compositions in classical music performed live at the highest artistic level. More than 54,000 North Carolina elementary school students attended free live performances last season, in concert halls and auditoriums from New Hanover County on the coast to Madison County in the mountains.

We look forward to seeing you at the concert hall.

MISSION STATEMENTTo be North Carolina’s State orchestra, an orchestra achieving the highest level of artistic quality and performance standards, and embracing its dual legacies of statewide service and music education. VISION STATEMENTIn 2017 the North Carolina Symphony is:ARTISTICALLY inspirational, creative, and vibrantEDUCATIONALLY essential and relevantFINANCIALLY strong and soundORGANIZATIONALLY excellent and community-minded CORE VALUES The North Carolina Symphony is guided by core values that support its mission and enhance the cultural life of our state through the performance of great music:

• We operate openly and transparently with discipline and accountability• We hold vital fiscal responsibility and financial integrity• We strive for continuous improvement• We create, innovate, and collaborate

STATE OF THE SYMPHONYFROM THE 2011/12 SEASON

PHOTOS AT TOP: from left to right Music Director Grant Llewellyn, Augustin Hadelich, Louis Lortie, Itzhak Perlman, Christina and Michelle Naughton, Resident Conductor William Henry Curry, Liz Beilman, Stephen Hough

In our ever-changing world, the North Carolina Symphony is called upon to be transfor-mative in our work – to be innovative and collaborative in ways we might not have con-sidered a decade ago or earlier. But our first and primary responsibility is to strengthen our financial resources so that we can secure the organization today, tomorrow and for future generations. As the organization embarks on our 80th season of service to the great state of North Carolina, we are squarely focused on being a vital and thriving component of North Carolina’s cultural life.

With the orchestra achieving ever higher levels of performance excellence, recently adding incredibly talented musicians to the orchestra roster, ticket sales increasing 20% (nearly matching pre-recession revenues) and, for the third consecutive year, achieving the $8 million threshold set by the State Challenge Grant, the North Carolina Symphony is positioned to meet the demands of the next 80 years.

Our stakeholders represent the most vital ingredient in ensuring our mission is carried out and that we are effective with the resources bestowed upon the orchestra. We feel confident that with your continued support and our work as the leading performing arts organization in the state, we can effect positive change and memorable moments in the advancement of orchestral music.

The North Carolina Symphony marks its 80th year with the 2012/13 season. To celebrate this milestone, wonderful friends and supporters celebrated during the Mission Possible Gala, which featured intimate and imaginative performances by our musicians at The Pavilions at The Angus Barn on June 7, 2012. Thank you Mission Possible Committee: (l-r) Charlotte Martin, Luanne Roth, Kathy Pope, Barbara Helton, Mary Susan Fulghum, Ella Ann Holding, Darliene Woolner, Josie Walker, Ashley Perkinson, Gale Sons, Anne deRosset.

FY2012 EXPENSES BY CATEGORYas a Percentage of the Total Operating BudgetTotal Expenses: $12,803,439

Statewide Artistic and Education Programs

Marketing and Advertising

Administrative and Other

Fundraising

Contributions

State of North Carolina

Ticket Sales and Performance

Investment Income from Endowment

8%6%

10%

76%

3%

32%28%

37%

8%6%

10%

76%

3%

32%28%

37%

FY2012 INCOME BY CATEGORYas a Percentage of the Total Operating BudgetTotal Income: $12,648,797

FY2006 through FY2012 Cumulative Operating Position

$500,000

$0

($500,000)

($1,000,000)

($1,500,000)

($2,000,000)

($2,500,000)

($3,000,000)

($69,318)

($143,597)($390,468)

($2,525,923)

($1,265,730)

($413,775)

($568,418)

FY2006 Actual

FY2007 Actual

FY2008 Actual

FY2009 Actual

FY2010 Actual

FY2011 Actual

FY2012 Actual

FULFILLING OUR PROMISE TO NORTH CAROLINAThe North Carolina Symphony is the state’s largest performing arts organization, providing essential cultural value that enhances economic development in communities both large and small.

Your continued support counts, and it is a wise investment. Here’s why:Classical concerts held ..............................................89Pops concerts held......................................................41Free education concerts held .................................42Major collaborations with other NC arts organizations ...................................................7Miles traveled ................................................... 12,000+

Concerts outside Triangle .................................55%+People served ................................................250,000+Students served .............................................. 60,000+Years of service to North Carolina .........................80Layoffs .................................................................................0Canceled Events ..............................................................0

In 2011/12, the North Carolina Symphony took its audiences on a musical journey

from Mozart’s Requiem in September through to Carmina Burana in May which

Roy Dicks of the News and Observer described as a “spectacularly performed…

rousing season finale,”with thousands of musical moods, colors and atmospheres

in between. The orchestra was honored to welcome to North Carolina such thrill-

ing, internationally renowned virtuosos as Itzhak Perlman, Augustin Hadelich,

Ignat Solzhenitsyn, Louis Lortie, Johannes Moser, Stephen Hough, Christina and

Michelle Naughton and Catrin Finch, along with pop music standouts including

Ben Folds and Natalie Merchant. Meanwhile, we worked to surprise concertgoers

throughout the season with innovative programing and bold new looks at

familiar scores. Audiences delighted in a symphonic production of Meredith

Willson’s beloved Broadway musical The Music Man, featuring area actors and the

Clayton High School Marching Band on stage with the Symphony. On Thanksgiv-

ing weekend, North Carolina folk musicians joined the orchestra for a holiday

celebration featuring homegrown music of all styles, including a sparkling

world premiere of a song cycle by Laurelyn Dossett called “The

Gathering.” And our dynamic examination of the “New World”

Symphony, Dvořák and America, led to unqualified praise

from virtually every quarter. “North Carolina can be happy that

the standard that the NCS sets for itself is very high,” wrote

the CVNC following the multimedia performance produced

by renowned music scholar Joseph Horowitz, “but the

combination of flawless execution and inspired direction

heard here meant that this memorable moment will be

difficult to equal. Bravo!” We are thrilled to have reached such

a vaunted height, and we’re aiming even higher for Symphony’s

80th anniversary in 2012/13.

HIGHLIGHTS

Our education concerts excite, enrich, and entertain young students across the state.

“The North Carolina Symphony…is perhaps THE cultural treasure of our state.” CVNC | FEB 17, 2012