2024-01-30T13:55:59-06:00 2023-03-31 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2022-09-01 222479696 ROCKPORT MUSIC INC ROCK 9785467391 16 MAIN STREET ROCKPORT MA 01966 ANTHONY BEADLE PRESIDENT 9785467391 2024-01-30 1 ANTHONY BEADLE XXX-XX-XXXX 0 JOSEPH GISO CPA P00030126 7819143400 2024-01-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NINA DOGGETT 16 MAIN STREET ROCKPORT MA 01966 2846140 0 X WWW.ROCKPORTMUSIC.ORG X 1982 MA TO INSPIRE A LOVE AND UNDERSTANDING OF MUSIC. 19 19 44 118 114702 0 3442485 1491175 1772218 681136 190937 213287 364485 73433 5770125 2459031 0 0 0 0 1837932 1033551 0 0 389231 3142438 1564528 4980370 2598079 789755 -139048 31175312 31355599 723539 824745 30451773 30530854 ROCKPORT MUSIC INSPIRES A LOVE AND UNDERSTANDING OF MUSIC THROUGH EXCEPTIONAL LIVE PERFORMANCES AND CREATIVE LEARNING OPPORTUNITIES. 0 0 1810074 0 639867 ROCKPORT MUSIC IS A PREMIER CONCERT DESTINATION WITH ITS SEASIDE SHALIN LIU PERFORMANCE CENTER. A WORLD-CLASS ARTS PRESENTER BRINGING A WIDE VARIETY OF MUSIC, INCLUDING CLASSICAL CHAMBER MUSIC, JAZZ, FOLK, POP AND GLOBAL MUSIC. ADDITIONALLY, ROCKPORT MUSIC PRESENTS THE HIGHEST QUALITY IN BROADCAST PRESENTATIONS BY THE METROPOLITAN OPERA, THE NATIONAL THEATRE OF ENGLAND, AND THE MANHATTAN SHORT FILM FESTIVAL. AS A YEAR-ROUND PRESENTER, ROCKPORT MUSIC HOSTS OVER 150 CONCERTS AND EVENTS ANNUALLY. 178945 0 0 WE ARE DISTINGUISHED BY OUR EXPANSIVE EDUCATIONAL PROGRAMS, WHICH HOSTED 10 DISTINCT ARTISTS OVER 30 DAYS OF IN-SCHOOL WORKSHOPS, REACHING 1,500 STUDENTS. THROUGH THE COMMUNITY ENGAGEMENT CONCERT SERIES, ROCKPORT MUSIC DEEPENS AN APPRECIATION FOR GREAT MUSIC AND MAKES ENRICHING MUSICAL EXPERIENCES ACCESSIBLE TO ALL AGES, WITH APPROXIMATELY 2,200 INDIVIDUALS REACHED THROUGHOUT THE YEAR. WE NURTURE NEW AUDIENCES AND INSPIRE FUTURE ARTISTS AND PATRONS THROUGH INNOVATIVE AND INTERACTIVE PROGRAMS. ADDITIONALLY, THE ORGANIZATION CONTINUES TO REMAIN COMMITTED TO UNDERTAKING DEIAB INITIATIVES IN BOTH EDUCATION AND PROGRAMMING. 1989019 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 126 0 1 44 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MA X X ANTHONY BEADLE 9785467391 16 MAIN STREET ROCKPORT MA 01966 ANTHONY BEADLE EXECUTIVE DIRECTOR 40.00 X 207000 0 6205 LORI CORREALE DIRECTOR OF DEVELOPMENT 40.00 X 109624 0 22415 KAREN HERLITZ DIRECTOR OF MARKETING 40.00 X 109154 0 3044 JEANNIE MCINTYRE CHAIR 4.00 X X 0 0 0 EDWARD BECKER VICE-CHAIR 4.00 X X 0 0 0 SANDRA JESSE VICE-CHAIR 4.00 X X 0 0 0 PETER CALKINS TREASURER 4.00 X X 0 0 0 LINDA WALKER SECRETARY 4.00 X X 0 0 0 J ROBERT CASSADY MD TRUSTEE 2.00 X 0 0 0 PHILIP CUTTER TRUSTEE 2.00 X 0 0 0 NINA DOGGETT TRUSTEE 2.00 X 0 0 0 JERRY HAUSMAN TRUSTEE 2.00 X 0 0 0 GREGG KVISTAD TRUSTEE 2.00 X 0 0 0 SANDRA LAWRENCE TRUSTEE 2.00 X 0 0 0 NED MORSE TRUSTEE 2.00 X 0 0 0 PAMELA THEISEN MORSS TRUSTEE 2.00 X 0 0 0 STEPHEN PERRY TRUSTEE 2.00 X 0 0 0 DAVID W SCUDDER TRUSTEE 2.00 X 0 0 0 LAURA STEVENS TRUSTEE 2.00 X 0 0 0 NAOMI R STONBERG TRUSTEE 2.00 X 0 0 0 WINAND VAN EEGHEN TRUSTEE 2.00 X 0 0 0 PATRICIA ZEIGLER TRUSTEE 2.00 X 0 0 0 425778 0 31664 3 0 1 0 0 113770 1377405 71219 1491175 EVENT REVENUE 711300 631333 631333 MERCHANDISE & CONCESSI 711300 49803 8534 41269 681136 213168 213168 73433 0 73433 73433 73433 387228 387109 119 119 119 2459031 639867 114702 213287 121111 73878 23011 24222 748434 467875 43392 237167 20972 10969 4866 5137 74885 44613 4709 25563 68149 40912 5625 21612 1288 1288 53246 53246 49790 20274 24195 5321 74902 71151 3751 81373 68810 6260 6303 75088 47333 16002 11753 186285 171069 5217 9999 381346 364981 5611 10754 66968 50997 6377 9594 CONCERT EXPENSES 520028 518902 1126 MEALS, BAR & MERCHANDIS 24487 24487 FUNDRAISING CULTIVATION 14310 14310 BAD DEBTS 11669 1666 9631 372 23748 11102 10399 2247 2598079 1989019 219829 389231 329903 521213 1266185 1457593 326138 326532 2234 4815 3211 3783 147829 187083 22220092 6273608 16298413 15946484 12627388 12734085 174011 174011 31175312 31355599 356024 269155 367515 555590 723539 824745 X 18047700 17931888 12404073 12598966 30451773 30530854 31175312 31355599 -139048 211682 6447 0 X X 0 1 X 1 0 X 2847199 2647283 2725630 3442485 1491175 13153772 1929575 801775 315730 1682809 639867 5369756 4776774 3449058 3041360 5125294 2131042 18523528 258836 649149 222488 225572 243030 1599075 0 258836 649149 222488 225572 243030 1599075 16924453 384713 305995 161949 197099 213168 1262924 384713 305995 161949 197099 213168 1262924 5161487 3755053 3203309 5322393 2344210 19786452 0.85540 0.92690 0.06380 0.07310 X SCHEDULE A PAGE THREE COLUMN FOR TAX YEAR 2022: THE ORGANIZATION CHANGED IT YEAR END FROM 8/31 TO 3/31. THE AMOUNTS INCLUDED IN THIS COLUMN REPRESENT A PARTIAL YEAR OR THE PERIOD 9/1/22 TO 3/31/23. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10720561 12517 312239 221787 10823530 11298695 625212 -885960 317386 10720561 9371282 630245 1612252 315084 11298695 8194310 777983 721621 322632 9371282 5007146 4023024 109231 945091 8194310 0.19000 0.81000 0 0 2034654 2034654 19866637 5966413 13900224 155039 152594 2445 163762 154601 9161 15946484 OTHER RECEIVABLES 174011 174011 X 2677160 211682 6447 218129 2459031 0 2459031 2598079 0 2598079 0 2598079 PART X, LINE 2: THE ORGANIZATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. INCOME RELATED TO THESE PURPOSES IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNRELATED BUSINESS INCOME WOULD BE TAXABLE ACCORDING TO APPLICABLE INTERNAL REVENUE CODE SECTIONS. THE PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN COMPUTED ON RENTAL INCOME AND RELATED CONCESSION SALES THAT ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX. THE ORGANIZATION REGULARLY REVIEWS AND EVALUATES ITS TAX POSITIONS TAKEN IN ITS FILED RETURNS AND RECOGNIZES THE BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WOULD BE SUSTAINED UPON AUDIT BASED SOLELY ON THE TECHNICAL MERITS OF THE TAX POSITION. THE ORGANIZATION ACCRUES INTEREST AND PENALTIES ON UNCERTAIN TAX POSITIONS AS A COMPONENT OF THE PROVISION FOR INCOME TAXES. THE ORGANIZATION FILES FEDERAL AND MASSACHUSETTS TAX RETURNS. THE STATUTE OF LIMITATIONS FOR THESE JURISDICTIONS IS GENERALLY THREE YEARS. THE ORGANIZATION HAD NO RETURNS UNDER EXAMINATION AS OF MARCH 31, 2023. PART V, LINE 4: THE ENDOWMENT CONSISTS OF PERMANENTLY AND TEMPORARILY RESTRICTED NET ASSETS AS WELL AS BOARD DESIGNATED UNRESTRICTED NET ASSETS. FUNDS ARE INVESTED IN ACCORDANCE WITH THE ORGANIZATION'S INVESTMENT POLICY AND FUNDS ARE RELEASED TO SUPPORT THE VARIOUS PROGRAMS OF THE ORGANIZATION. X X 0 0 0 0 0 0 0 0 0 ANTHONY BEADLE EXECUTIVE DIRECTOR 207000 0 0 0 0 0 5276 0 929 0 213205 0 0 0 X 6 69161 FMV X FOOD AND DRINKS 1 2058 0 0 0 PART I, COLUMN (B) THE NUMBERS REPORTED REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B SENIOR MANAGEMENT AND THE AUDIT COMMITTEE RECEIVES A COMPLETED DRAFT FORM 990 (WITHOUT SCHEDULE B) TO REVIEW AND SUBMITS COMMENTS AND QUESTIONS TO THE ACCOUNTANTS WHO PREPARE THE RETURN. ONCE THE QUESTIONS ARE ADEQUATELY ANSWERED AND ARE APPROVED BY THE AUDIT COMMITTEE, A COMPLETE COPY OF FORM 990 (WITHOUT SCHEDULE B) IS THEN SUBMITTED ELECTRONICALLY TO MEMBERS OF THE ORGANIZATION'S GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH ADEQUATE TIME TO REVIEW THE PREPARED FORM 990 AND PROVIDE COMMENTS. ANY COMMENTS ARE THEN PROVIDED TO THE DIRECTOR OF FINANCE WHO GROUPS AND SUMMARIZES COMMENTS AND IS RESPONSIBLE FOR FILING THE RETURN. ANY ISSUES ARE DOCUMENTED AND ADDRESSED. THE RETURN IS THEN FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST BY COMPLETING A QUESTIONNAIRE ANNUALLY. A COPY IS PROVIDED TO THE SECRETARY TO RETAIN FOR THE ORGANIZATION'S RECORDS. IF A CONFLICT OF INTEREST IS DEEMED TO EXIST, IT IS THE DUTY OF THE INDIVIDUAL TO DISCLOSE SUCH INTEREST. THIS INTEREST IS TO BE RECORDED IN THE MINUTES OF THE MEETING OF THE BOARD AND WHERE THE CONFLICT CONCERNS ANY BOARD OR COMMITTEE MEMBER, THE INDIVIDUAL(S) SHALL NOT PARTICIPATE IN ANY VOTE OR DELIBERATION ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE IN CONNECTION WITH PREVIOUSLY ESTABLISHED GOALS ALONG WITH ACCOMPLISHMENTS RELATIVE TO CURRENT SALARY AND MARKET CONDITIONS. BASED UPON THIS REVIEW, THE EXECUTIVE COMMITTEE PRESENTS ITS ASSESSMENT AND RECOMMENDED COMPENSATION ADJUSTMENTS TO THE BOARD IN EXECUTIVE SESSION, FOR ITS APPROVAL. IN ADDITION, THE BOARD CHAIR SOLICITS COMMENTS ON THE EXECUTIVE DIRECTOR'S PERFORMANCE FROM ALL BOARD MEMBERS. BASED ON ALL OF THE PROCEEDING FEEDBACK, THE BOARD CHAIR MEETS WITH THE EXECUTIVE DIRECTOR FOR FORMAL REVIEW, INCLUDING PRESENTATION OF SALARY ADJUSTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON REQUEST; GUIDESTAR.ORG; MASS. ATTORNEY GERNAL WEBSITE -HTTP://WWW.CHARITIES.AGO.STATE.MA.US/CHARITIES/ AND OTHER SIMILAR TYPES OF WEBSITES. FORM 990, PAGE 12, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT DURING THE TAX YEAR.