2024-01-16T12:40:31-06:00 2023-06-30 061009205 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2022-07-01 042103636 WALNUT HILL CENTER FOR THE ARTS INC WALN 5086534312 12 HIGHLAND STREET NATICK MA 01760 JANE SEGALE CFO 5086505015 2024-01-15 1 JANE SEGALE 999009999 0 JOHN TOSCANO P00358542 8605614000 2024-01-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WALNUT HILL SCHOOL FOR THE ARTS ERIC BARBER 12 HIGHLAND STREET NATICK MA 01760 36232284 0 X WWW.WALNUTHILLARTS.ORG X 1893 MA WALNUT HILL CENTER FOR THE ARTS EDUCATES AND TRAINS CREATIVE AND INTELLECTUALLY CURIOUS YOUNG ARTISTS TO MAKE AN ENDURING IMPACT ON THE WORLD. 28 27 236 30 0 0 1667218 2330427 20131052 21411909 646113 278040 125198 14405 22569581 24034781 3893396 4589319 0 0 10003116 9578340 0 0 746797 8208206 9004604 22104718 23172263 464863 862518 69571380 70288735 26795181 24450151 42776199 45838584 WALNUT HILL CENTER FOR THE ARTS TRANSFORMS LIVES, BUILDS COMMUNITY AND EXPANDS CULTURE THROUGH THE ARTS. 0 0 11732608 4589319 21043104 INSTRUCTIONAL EXPENSES RELATED TO EDUCATING STUDENTS IN GRADES 9 THROUGH 12 WHILE AT SCHOOL. THE SCHOOL ENROLLED APPROXIMATELY 290 STUDENTS DURING THE FALL AND SPRING SEMESTERS. WALNUT HILL STUDENTS IMMERSE THEMSELVES DEEPLY IN THEIR ART, GUIDED BY HIGHLY ACCOMPLISHED PROFESSIONAL ARTISTS WHO HAVE DEDICATED THEMSELVES TO SUPPORTING YOUNG PEOPLE ON THEIR ARTISTIC JOURNEYS. THIS TIME SPENT MASTERING AN ARTISTIC DISCIPLINE IS BALANCED BY ENGAGEMENT IN A RIGOROUS COLLEGE-PREPARATORY CURRICULUM THAT CHALLENGES STUDENTS TO ASK BIG QUESTIONS, SOLVE COMPLEX PROBLEMS, AND EXPLORE TRADITIONAL ACADEMIC SUBJECTS THROUGH INNOVATIVE, HANDS-ON LESSONS. 5881801 237059 STUDENT ACTIVITIES, THEATER AND MUSIC PRODUCTIONS, TUTORING, DORM LIFE AND FOOD SERVICE AND STUDENT CLUBS. THE SCHOOL ENROLLED APPROXIMATELY 290 STUDENTS DURING THE FALL AND SPRING SEMESTERS. OF THE 290 STUDENTS, APPROXIMATELY 208 STUDENTS LIVED ON-CAMPUS. 1077847 145947 SUMMER AND OTHER PROGRAM EXPENSES FOR UNENROLLED STUDENTS, SUCH AS THE COMMUNITY ARTS PROGRAM. THE SUMMER PROGRAMS ENROLLED APPROXIMATELY 70 STUDENTS AMONG MANY DIFFERENT PROGRAMS SUCH AS DANCE, VISUAL ARTS, MUSIC, WRITING AND THEATER. 18692256 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 50 0 1 236 1 0 0 0 0 0 0 0 0 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X JANE SEGALE 5086505015 12 HIGHLAND STREET NATICK MA 01760 ANTONIO VIVA FORMER HEAD OF SCHOOL 40.00 X 286290 0 49548 JANE SEGALE CFO 40.00 X 170863 0 42579 TOBEY FOSSEY CHIEF DEVELOPMENT OFFICER 40.00 X 178277 0 12441 ERIC BARBER HEAD OF SCHOOL 40.00 X 167451 0 50554 JEANNE O'ROUKE CHIEF CREATIVE OFFICER 40.00 X 129996 0 36693 ELIZABETH L MINNUCCI DIRECTOR OF HEALTH SERVICES 40.00 X 100391 0 36160 KEVIN SMITH DIRECTOR OF ENROLLMENT MANAGEMENT 40.00 X 101726 0 31828 CEDRIC LYLES DIRECTOR OF ARTISTIC STUDIES 40.00 X 108361 0 11512 JENNIFER TOOLIN MCAULIFFE TRUSTEE/CHAIR 5.00 X X 0 0 0 LISA ROTHMAN TRUSTEE/CLERK 5.00 X X 0 0 0 KAREN MCKEEL CALBY TRUSTEE/VICE CHAIR 5.00 X X 0 0 0 LINDA WISNEWSKI TRUSTEE/TREASURER 5.00 X X 0 0 0 ELIZABETH P MCCLENDON TRUSTEE 5.00 X 0 0 0 DEBORAH MANKIW TRUSTEE 5.00 X 0 0 0 KRISTINE VAN AMSTERDAM TRUSTEE 5.00 X 0 0 0 AMY LAWRENCE WHEELER TRUSTEE 5.00 X 0 0 0 PATRICIA L DAVIDSON TRUSTEE 5.00 X 0 0 0 MATTHEW ROBERT GLASS TRUSTEE 5.00 X 0 0 0 HAE SUN PAIK TRUSTEE 5.00 X 0 0 0 ERIC IAN HERBST TRUSTEE 5.00 X 0 0 0 DAVID EDELMAN TRUSTEE 5.00 X 0 0 0 JOHN I WILLIAMS JR TRUSTEE 5.00 X 0 0 0 PAULA NICOLE DRAKE TRUSTEE 5.00 X 0 0 0 BETSY KESSLER TRUSTEE 5.00 X 0 0 0 JOHN SEBASTIAN PAOLELLA TRUSTEE 5.00 X 0 0 0 DERRICK HARKINS TRUSTEE 5.00 X 0 0 0 EVANGELINE DELGADO TRUSTEE 5.00 X 0 0 0 BENNY IBARRA DE LLANO TRUSTEE 5.00 X 0 0 0 ANTHONY WILLIAMS TRUSTEE 5.00 X 0 0 0 JORDAN MCCULLOUGH TRUSTEE 5.00 X 0 0 0 JUSTINE HAND TRUSTEE 5.00 X 0 0 0 NICOLE GAKIDIS TRUSTEE 5.00 X 0 0 0 DONNA EGAN TRUSTEE 5.00 X 0 0 0 JUHYUN LIM TRUSTEE 5.00 X 0 0 0 KARLA RADKE TRUSTEE 5.00 X 0 0 0 JANET EMERY PATTILLO TRUSTEE 5.00 X 0 0 0 1243355 0 271315 9 1 1 0 SODEXO INC & AFFILIATES P O BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE 2123971 LENNOX ROOFING INC 23 BELCHER STREET ABINGTON MA 02351 CONSTRUCTION 430934 OUNCE IT LLC PO BOX 3137 WORCESTER MA 01613 TECHNOLOGY SUPPORT 345918 HFR PAINTING 32 FOUNTAIN STREET WALTHAM MA 02453 CONSTRUCTION 322038 CITY WIDE OF BOSTON 293 BOSTON POST ROAD W STE 340 MARLBORO MA 01752 CUSTODIAL SERVICES 292903 11 2330427 21158 2330427 TUITION AND FEES 611600 20482704 20482704 COMMUNITY ART 611600 557613 557613 STUDENT ACTIVITIES 611600 159974 159974 SUMMER PROGRAMS 611600 145947 145947 OTHER 611600 65671 65671 21411909 661215 661215 237130 306206 -69076 -69076 -69280 204 11388032 3015 11774222 0 -386190 3015 -383175 -383175 200556 117075 83481 83481 24034781 21426110 0 278244 4589319 4589319 554167 554167 7363407 5918017 1029352 416038 346535 278513 48443 19579 756502 557389 142914 56199 557729 410933 105363 41433 10892 10892 57847 57847 62926 62926 378318 158925 219294 99 96883 1265 95618 70495 7221 41899 21375 444433 413755 29739 939 2228181 2079672 143965 4544 210041 134999 75042 118875 62381 56494 345160 345160 1806522 1681822 120884 3816 205568 191378 13756 434 FOOD SERVICE 1496496 1496496 SUPPLIES 390538 350235 35579 4724 EVENTS 316054 135576 99109 81369 INSTRUCTIONAL PROGRAM E 289083 252010 37073 476292 107349 347737 21206 23172263 18692256 3733210 746797 1196490 5874160 4945792 98426 50000 6810194 7326909 20428 19272 247466 351746 56487513 27365258 29654628 29122255 19769175 21595204 147500 283387 358670 5752913 6235500 69571380 70288735 1522546 1488397 15253042 13165344 9472018 8966503 529617 456805 17958 373102 26795181 24450151 X 23557793 24730568 19218406 21108016 42776199 45838584 69571380 70288735 X 862518 2057281 142586 X X 0 1 X 1 0 X 1857748 1279453 3114965 1667218 2330427 10249811 1857748 1279453 3114965 1667218 2330427 10249811 436412 9813399 502057 560686 374121 607143 898345 2942352 13192163 98503379 0.74390 0.75950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16860601 1122367 1529536 223836 561864 18726804 19045363 423572 -1918729 235589 454016 16860601 15654015 74444 3316904 19045363 16793636 87387 -567915 218722 440371 15654015 20012707 260115 708924 200001 3988109 16793636 0.23227 0.76773 0.00000 0 0 101810 101810 2294740 46246879 23798235 24743384 2813622 1703590 1110032 5030462 1863433 3167029 29122255 PERPETUAL TRUST 5224418 ASSETS OF SPLIT INTEREST AGREEMENTS 1011082 6235500 DUE TO LIFE BENEFICIARIES OF SPLIT INTEREST AGREEMENTS 11328 LEASE LIABILITY 361774 373102 22006367 2057281 -4023452 -1966171 23972538 62243 62243 24034781 18943982 423281 423281 18520701 62243 4589319 4651562 23172263 PART V, LINE 4: THE SCHOOL'S INTENDED USE OF ENDOWMENT FUNDS INCLUDES SCHOLARSHIP, FINANCIAL AID, FACULTY DEVELOPMENT, INVESTMENT IN PLANT AND VARIOUS OPERATIONAL NEEDS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 117,075. RENTAL EXPENSES 306,206. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 142,586. FINANCIAL AID -4,589,319. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 117,075. RENTAL EXPENSES 306,206. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,589,319. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS POSTED ON THE HOMEPAGE OF THE SCHOOL'S WEBSITE. 1 FINANCIAL AID 115 4589319 FMV REDUCTION IN TUITION PART I, LINE 2: FINANCIAL AID AWARDS ARE APPLIED DIRECTLY TO THE STUDENT'S OUTSTANDING TUITION BILL. CASH PAYMENTS ARE NOT MADE DIRECTLY TO RECIPIENTS. SCHOLARSHIPS ARE PROVIDED TO STUDENTS ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 ANTONIO VIVA FORMER HEAD OF SCHOOL 156595 0 62350 0 67345 0 11291 0 38257 0 335838 0 0 0 JANE SEGALE CFO 170863 0 0 0 0 0 12875 0 29704 0 213442 0 0 0 TOBEY FOSSEY CHIEF DEVELOPMENT OFFICER 177977 0 300 0 0 0 12441 0 0 0 190718 0 0 0 ERIC BARBER HEAD OF SCHOOL 119940 0 0 0 47511 0 8855 0 41699 0 218005 0 0 0 JEANNE O'ROUKE CHIEF CREATIVE OFFICER 129696 0 300 0 0 0 9797 0 26896 0 166689 0 0 0 PART I, LINE 1A THE SCHOOL REQUIRES THAT THE HEAD OF SCHOOL LIVE ON CAMPUS IN SCHOOL PROVIDED HOUSING. IT IS NOT CONSIDERED A TAXABLE BENEFIT AS THE HOUSE IS AVAILABLE TO CONDUCT SCHOOL BUSINESS IN, EVEN IF THE HEAD IS NOT THERE. IN ADDITION, WHILE THE HEAD IS IN THE HOUSING, HE IS AVAILABLE TO ASSIST THE NEEDS OF THE SCHOOL SHOULD THEY ARISE OUTSIDE OF NORMAL BUSINESS HOURS. DUE TO THE RESIDENTIAL COMPONENT OF THE SCHOOL, IT IS CRITICAL THAT THE HEAD BE AVAILABLE AND PRESENT AS MUCH AS POSSIBLE. THE HOUSING PROVIDED TO THE HEAD OF SCHOOL IS CLEANED WEEKLY AND INCLUDES HIS PERSONAL LIVING SPACE. THE CLEANING SERVICES ARE INCLUDED IN THE HEAD OF SCHOOL'S W-2. PART I, LINE 7 THE BOARD APPROVED A $62,350 BONUS TO THE FORMER HEAD OF SCHOOL AND A $300 BONUS TO THE CHIEF DEVELOPMENT OFFICER AND CHIEF CREATIVE OFFICER. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2014-01-30 13160000 TO PAY OFF THE 2002 & 2006 SERIES BONDS 0 0 0 A 4109377 13160000 89489 1425511 11645000 2014 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/01/2019 IVY CREATIVE LLC COMPANY OWNED BY HUSBAND OF CFO 24735 THE ORGANIZATION PRODUCES VIDEOS FOR THE SCHOOL. 0 JILLIAN ROTHMAN DAUGHTER OF TRUSTEE/CLERK 50000 ASSISTANT DIRECTOR OF ADMISSIONS 0 FORM 990, PART I, ITEM C DBA: WALNUT HILL SCHOOL FOR THE ARTS DBA: WALNUT HILL COMMUNITY ACADEMY FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO AND THE HEAD OF SCHOOL AND THEN PRESENTED TO THE AUDIT COMMITTEE FOR FINAL REVIEW. THE FORM 990, WITH SCHEDULE B REDACTED IS THEN PRESENTED TO THE FULL BOARD FOR FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND OFFICERS ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT THAT INDICATES THAT THEY HAVE READ, UNDERSTOOD AND AGREE TO THE SCHOOL'S CONFLICT OF INTEREST POLICY. FURTHER, THE TRUSTEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS (AS DEFINED IN THE POLICY) AND/OR NOTIFY THE HEAD OF SCHOOL IF ANY ADDITIONAL ISSUES ARISE THROUGHOUT THE YEAR. THE POLICY IS ENFORCED AND MONITORED BY THE HEAD OF SCHOOL AND/OR THE BOARD OF TRUSTEES. TRUSTEES WHO FAIL TO COMPLETE THE ANNUAL DISCLOSURE FORM ARE ASKED TO VERBALLY CONFIRM THE INFORMATION IN THE ANNUAL DISCLOSURE STATEMENT AND ALSO DISCUSS ANY POTENTIAL CONFLICTS AT THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES WILL DETERMINE COMPENSATION FOR THE HEAD OF SCHOOL AND OTHER OFFICERS USING THE FOLLOWING CRITERIA: 1. THE TRANSACTION IS APPROVED BY AN AUTHORIZED BODY OF THE ORGANIZATION, WHICH IS COMPOSED OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST CONCERNING THE TRANSACTION. 2. PRIOR TO MAKING ITS DETERMINATION, THE AUTHORIZED BODY OBTAINED AND RELIED UPON APPROPRIATE DATA AS TO COMPARABILITY. 3. THE AUTHORIZED BODY ADEQUATELY DOCUMENTS THE BASIS FOR DETERMINATION CONCURRENTLY WITH MAKING THAT DETERMINATION. THE DOCUMENTATION WILL INCLUDE: -THE TERMS OF THE APPROVED TRANSACTION AND THE DATE APPROVED; -THE MEMBERS OF THE AUTHORIZED BODY WHO WERE PRESENT DURING DEBATE ON THE TRANSACTION THAT WAS APPROVED AND THOSE WHO VOTED ON IT; -THE COMPARABILITY DATA OBTAINED AND RELIED UPON BY THE AUTHORIZED BODY AND HOW THE DATA WAS OBTAINED; -ANY ACTIONS BY A MEMBER OF THE AUTHORIZED BODY HAVING A CONFLICT OF INTEREST; AND -DOCUMENTATION OF THE BASIS FOR THE DETERMINATION BEFORE THE LATER OF THE NEXT MEETING OF THE AUTHORIZED BODY OR 60 DAYS AFTER THE FINAL ACTIONS OF THE AUTHORIZED BODY ARE TAKEN AND APPROVAL OF RECORDS AS REASONABLE, ACCURATE AND COMPLETE WITHIN A REASONABLE TIME THEREAFTER. THIS PROCESS WAS LAST UTILIZED IN THE FALL OF 2021 TO DETERMINE THE COMPENSATION FOR THE NEW HEAD OF SCHOOL WHO BEGAN HIS TENURE JULY 1, 2022. IT RESULTED IN A THREE- YEAR CONTRACT THROUGH JULY 2025. EACH YEAR, THE COMPENSATION COMMITTEE, A SUB-COMMITTEE OF THE GOVERNANCE COMMITTEE, REVIEWS THE HEAD OF SCHOOL'S COMPENSATION PER THE CONTRACT. THE HEAD OF SCHOOL DETERMINES THE COMPENSATION OF ALL OTHER KEY EMPLOYEES BASED ON A REVIEW OF PAY DATA FOR SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 142,586. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES TO THE PROCESS FROM THE PRIOR YEAR.