2025-05-15T13:43:05-05:00 2024-06-30 341663731 ZINNER & CO LLP 3201 ENTERPRISE PARKWAY SUITE 410 CLEVELAND OH 441227329 990 2023-07-01 340714339 THE CLEVELAND MUSIC SCHOOL SETTLEMENT CLEV 2164215806 11125 MAGNOLIA DRIVE CLEVELAND OH 44106 STEVEN F KREGER VP OF FINANCE 2164215806 2025-05-15 1 1 SUSAN D KRANTZ P00233254 2168310733 2025-05-15 2023 2025-03-06 01:10:19Z THE MUSIC SETTLEMENT STEVEN F KREGER 11125 MAGNOLIA DRIVE CLEVELAND OH 44106 6224492 0 X WWW.THEMUSICSETTLEMENT.ORG X 1912 OH THE VISION OF THE MUSIC SETTLEMENT IS TO UNLOCK THE POTENTIAL IN EVERYONE. 32 32 162 18 0 0 2022511 1772256 2651992 2901596 327343 35678 511139 594744 5512985 5304274 171268 2869582 0 0 3499899 3695437 0 0 520886 1956446 1932025 5627613 8497044 -114628 -3192770 23757884 22041950 632467 601636 23125417 21440314 X TO WELCOME ALL TO OUR MUSIC AND ARTS COMMUNITY TO LEARN, CREATE, CELEBRATE AND HEAL. 0 0 1913907 33683 1124520 THE MISSION OF THE MUSIC SETTLEMENT'S CENTER FOR EARLY CHILDHOOD IS TO PROVIDE HIGH QUALITY EARLY CHILDHOOD EXPERIENCES FOR CHILDREN AGES 3 WEEKS TO 6 YEARS OF AGE. EDUCATIONAL PROGRAMS AT UNIVERSITY CIRCLE AND OHIO CITY LOCATIONS OFFER STATE ACCREDITED AND 5-STAR QUALITY RATED PRESCHOOL, DAY SCHOOL, AND KINDERGARTEN COURSES TO CHILDREN 3-6 YEARS. THESE PROGRAMS NURTURE THE INDIVIDUAL, SUPPORT THE FAMILY AND ENHANCE A CHILD'S SOCIAL, EMOTIONAL AND ACADEMIC DEVELOPMENT THROUGH INVOLVEMENT WITH CREATIVE ARTS. THIS HAS BEEN AN IMPORTANT PART OF THE MUSIC SETTLEMENT FOR OVER 65 YEARS AND WE HAVE EARNED A REPUTATION FOR EXCELLENCE IN ALL ASPECTS OF EARLY CHILDHOOD EDUCATION. 512798 46511 201008 ESTABLISHED IN 1966, THE MUSIC SETTLEMENT'S CENTER FOR MUSIC THERAPY HAS BEEN A PIONEER IN HELPING PEOPLE WITH DISABILITIES AND/OR MEDICAL ISSUES. THE MISSION OF THE CENTER IS TO CREATIVELY USE MUSIC AS A THERAPEUTIC TOOL FOR MEETING THE CHALLENGES AND NEEDS AND PROMOTING THE WELL-BEING OF THOSE IN OUR COMMUNITIES. THE CENTER EMPLOYS BOARD-CERTIFIED MUSIC THERAPISTS (MT-BC'S) WHO CONDUCT INDIVIDUAL OR GROUP MUSIC THERAPY SESSIONS AT OUR UNIVERSITY CIRCLE AND OHIO CITY CAMPUSES AND AT NUMEROUS EDUCATIONAL, MEDICAL, AND SOCIAL SERVICE AGENCIES IN THE CLEVELAND METROPOLITAN AREA. OUR MT-BC'S SYSTEMATICALLY AND PRESCRIPTIVELY USE MUSIC-BASED INTERVENTIONS TO POSITIVELY IMPACT THE LIVES OF CHILDREN AND ADULTS FACING A WIDE RANGE OF LIFE'S CHALLENGES. THE PROGRAM DESCRIPTION CONTINUES ON SCHEDULE O. IN FY24 WE SERVED 1,574 INDIVIDUALS WITH A VARIETY OF DIAGNOSES AND NEEDS AT OUR TWO CAMPUSES AND WITH 10 ORGANIZATIONS AT 22 LOCATIONS. 4658933 2789388 1576068 THE MUSIC SETTLEMENT'S CENTER FOR MUSIC PROVIDES MUSIC INSTRUCTION, CLASSES, AND ENSEMBLES TO STUDENTS OF ALL AGES FROM AROUND THE GREATER CLEVELAND AREA. IN KEEPING WITH OUR MISSION, STUDENTS OF ALL BACKGROUNDS ARE ADMITTED WITHOUT AUDITION, AND THE CENTER AWARDS FINANCIAL AID AND SCHOLARSHIPS TO ENSURE THAT ABILITY TO PAY IS NOT A BARRIER TO MUSICAL STUDY. THE CENTER FOR MUSIC HAS SEVERAL OUTREACH PARTNERS FOR OFF-SITE MUSIC INSTRUCTION. NATIONALLY, WE HAVE COLLABORATED WITH THE BERKLEE COLLEGE OF MUSIC AS PART OF THEIR CITY MUSIC NETWORK. THE MUSIC SETTLEMENT STUDENTS, ENROLLED IN THE JAZZ AT THE MUSIC SETTLEMENT (JAMS) PROGRAM, VIE TO BECOME ANNUAL RECIPIENTS OF A FULL SCHOLARSHIP TO BERKLEE'S 5 WEEK SUMMER PERFORMANCE PROGRAM. 7085638 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 45 0 1 162 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X STEVEN F KREGER 2164215806 11125 MAGNOLIA DRIVE CLEVELAND OH 44106 LYNN ECKENDORF 1ST VICE CHAIR 2.00 X X 0 0 0 DARYL DECKARD 2ND VICE CHAIR 2.00 X X 0 0 0 CHRISTOPHER BRANDT MD CHAIR 2.00 X X 0 0 0 JASON PADLEY TREASURER 2.00 X X 0 0 0 STEPHEN MILLER SECRETARY 2.00 X X 0 0 0 GERARD DAHER DIRECTOR 2.00 X 0 0 0 DANIEL FILIPPI DIRECTOR 2.00 X 0 0 0 GREG LOPEZ DIRECTOR 2.00 X 0 0 0 KITTIE WARSHAWSKY DIRECTOR 2.00 X 0 0 0 OBED SHELTON DIRECTOR 2.00 X 0 0 0 DAWN WAYT DIRECTOR 2.00 X 0 0 0 DEBORAH WILCOX DIRECTOR 2.00 X 0 0 0 ELISABETH STAHL DIRECTOR 2.00 X 0 0 0 ELLA LEE DAVIS DIRECTOR 2.00 X 0 0 0 MAURA HUGHES DIRECTOR 2.00 X 0 0 0 BEN PAGE DIRECTOR 2.00 X 0 0 0 CRAIG BROWN DIRECTOR 2.00 X 0 0 0 DENNIS SCHWARTZ DIRECTOR 2.00 X 0 0 0 HOWARD BERUSCH DIRECTOR 2.00 X 0 0 0 JOHN GIBBON DIRECTOR 2.00 X 0 0 0 JOHN WALDECK JR DIRECTOR 2.00 X 0 0 0 MICHAEL CANTOR DIRECTOR 2.00 X 0 0 0 PETER SNAVELY JR DIRECTOR 2.00 X 0 0 0 RENE POLIN DIRECTOR 2.00 X 0 0 0 RITA JAESSING BRAUNECK DIRECTOR 2.00 X 0 0 0 ROBERT CONRAD DIRECTOR 2.00 X 0 0 0 STEVEN MUIR DIRECTOR 2.00 X 0 0 0 TAMAR GRAY DIRECTOR 2.00 X 0 0 0 THOMAS HOLMES DIRECTOR 2.00 X 0 0 0 MENG LIU DIRECTOR 2.00 X 0 0 0 STEPHEN SHEMO DIRECTOR 2.00 X 0 0 0 KEN HORNER DIRECTOR 2.00 X 0 0 0 GERALYN M PRESTI PRESIDENT & CEO 40.00 X 191000 0 0 STEVEN F KREGER VP-FINANCE & ADMINISTRATION 40.00 X 95320 0 0 EMILY COLE VP-ADVANCEMENT 40.00 X 0 0 0 CAITIE MILCINOVIC VP-ADVANCEMENT 40.00 X 74795 0 0 361115 0 0 1 0 1 0 0 X 417399 1354857 49314 1772256 DEPARTMENT OF MUSIC 611600 1576068 1576068 MUSIC THERAPY 611600 1124520 1124520 EARLY CHILDHOOD DEVELOPMENT 611600 201008 201008 2901596 406386 406386 549510 486829 433389 62681 -433389 -370708 -370708 RENTAL AND FEE INCOME 611600 396038 396038 MISCELLANEOUS REVENUE 532000 198706 198706 594744 5304274 3496340 0 35678 2634000 2634000 235582 235582 370108 291865 42627 35616 2778745 2191299 320040 267406 45922 36712 4585 4625 260816 208508 26039 26269 239846 194138 20021 25687 36000 19767 4258 11975 35933 30182 4372 1379 30692 19222 9782 1688 364831 209863 154968 7876 7396 447 33 11921 9894 2027 289440 232242 51208 5990 92236 77380 14856 CONTRACT SERVICES 369505 202893 43705 122907 SUPPLIES 251578 157131 92795 1652 PERFORMANCE EXPENSES 186759 186759 0 0 SECURITY 79930 66000 13930 0 175324 74805 84860 15659 8497044 7085638 890520 520886 2096278 2680893 115295 44475 323388 534093 3826045 42219 42940 45487 33647 81556 10526476 6906699 3804136 3619777 7554694 8486391 5937000 6490000 24461 17059 23757884 22041950 194893 202082 27249 25664 385864 356831 24461 17059 632467 601636 X 8971558 5585103 14153859 15855211 23125417 21440314 23757884 22041950 -3192770 1507667 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 36000 0 0 36000 0 PART II-B, LINE 1: DURING 2024, THE MUSIC SETTLEMENT ENGAGED A LOBBYING FIRM TO ASSIST WITH SECURING CAPITAL FUNDS FROM THE OHIO STATE CAPITAL BUDGET TO HELP FUND A PROJECT TO RENOVATE AND ADD TO AN EXISTING BUILDING. THE LOBBYING ACTIVITY CONSISTED OF A SERIES OF MEETINGS WITH VARIOUS STATE LEGISLATORS TO EXPLAIN THE NEED FOR THE PROJECT AND PRESENT THE VALUE OF ADDED PROGRAMS FOR THE COMMUNITY AND THEIR DISTRICTS. 14491694 16730 757374 289407 14976391 12480772 39159 2243555 271792 14491694 14480144 32811 -1813862 218321 12480772 11327752 64843 3360939 273390 14480144 11707589 3606 -60387 323056 11327752 0.00000 1.00000 0.00000 1 0 53400 53400 7264883 4998709 2266174 3208193 1907990 1300203 3619777 BENEFICIARY INTEREST-COLE 563000 C BENEFICIARY INTEREST-GRIFFITHS 5302000 C BENEFICIARY INTEREST-KULAS 625000 C 6490000 OPERATING LEASE OBLIGATIONS 17059 17059 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SEE PART II PART I, LINE 3 THE VISION OF THE MUSIC SETTLEMENT IS TO UNLOCK THE POTENTIAL IN EVERYONE. THE BY-LAWS STATE THAT "THE MUSIC SETTLEMENT ADMITS STUDENTS OF ANY RACE, COLOR, RELIGION, NATIONAL ORIGIN, GENDER, AGE, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, MARITAL STATUS, MENTAL OR PHYSICAL DISABILITY, AND GENETIC INFORMATION OR ANY OTHER BASIS PROTECTED BY APPLICABLE LAW, TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SETTLEMENT. THE MUSIC SETTLEMENT SHALL NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION, NATIONAL ORIGIN, GENDER, AGE, SEX, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, MARITAL STATUS, MENTAL OR PHYSICAL DISABILITY, AND GENETIC INFORMATION OR ANY OTHER BASIS PROTECTED BY APPLICABLE LAW, IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND OTHER SCHOOL-ADMINISTERED POLICIES AND PROGRAMS." THE SETTLEMENT HAS BEEN SERVING RACIALLY, ETHNICALLY AND ECONOMICALLY DIVERSE POPULATIONS SINCE 1912 AND ITS PRACTICES FOLLOW THE ABOVE STATEMENTS. PART I, LINE 6A ASSISTANCE IS RECEIVED FROM THE FOLLOWING GOVERNMENTAL AGENCIES: OHIO ARTS COUNCIL CUYAHOGA ARTS AND CULTURE 1 NMTC LEVERAGED XXVI LLC 175 S THIRD STREET SUITE 1200 COLUMBUS OH 43215 0 2634000 BOOK FORGIVENESS OF DEBT FORGIVENESS OF DEBT SCHOLARSHIP AND FINANCIAL AID 538 235582 FMV PART I, LINE 2: EACH YEAR FINANCIAL AID AND SCHOLARSHIP FUNDS ARE MADE AVAILABLE FOR DISTRIBUTION BASED ON BOARD POLICY, BUDGET CONSIDERATIONS AND DONOR'S WISHES. SCHOLARSHIPS ARE DISTRIBUTED TO STUDENTS BASED ON MERIT THROUGH AUDITIONS. FINANCIAL AID IS DISTRIBUTED TO NEEDY STUDENTS BASED ON A SLIDING SCALE INCOME GRID USING THE FEDERAL POVERTY GUIDELINES--THE MORE NEEDY STUDENTS RECEIVE A HIGHER PERCENTAGE OF TUITION PAID FOR BY FINANCIAL AID. ANY STUDENT MAY APPLY FOR FINANCIAL AID. X X 0 0 0 0 0 0 0 0 0 GERALYN M PRESTI PRESIDENT & CEO 191000 0 0 0 0 0 0 0 0 0 191000 0 0 0 PART I, LINE 3 THE CHIEF EXECUTIVE OFFICER POSITION IS REVIEWED ANNUALLY BY BOTH THE CHAIRMAN OF THE BOARD AND THE BOARD. A SALARY ANALYSIS IS COMPLETED AND PRESENTED FOR COMMITTEE REVIEW AND APPROVAL. ALL OTHER OFFICERS ARE REVIEWED ANNUALLY BY THE CHIEF EXECUTIVE OFFICER, WHICH INCLUDES A PERFORMANCE ASSESSMENT TO ESTABLISH WHETHER ANNUAL OBJECTIVES (BY POSITION) HAVE BEEN MET. X MUSICAL EQUIPMENT 19 46522 APPRAISAL/FMV X VARIOUS ITEMS 15 2792 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS REVIEWED BY THE FINANCE COMMITTEE MEMBERS AND THEIR COMMENTS WERE REFLECTED IN THE FINAL RETURN. A COPY WAS PROVIDED TO ALL BOARD MEMBERS BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE MUSIC SETTLEMENT REQUIRES AN ANNUAL REVIEW AND UPDATE BY BOARD MEMBERS OF THE CONFLICT OF INTEREST POLICY. BOARD AND SENIOR STAFF MEMBERS ANNUALLY SIGN A DOCUMENT WHICH STATES THAT THEY HAVE READ AND ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF EXECUTIVE OFFICER POSITION IS REVIEWED ANNUALLY BY BOTH THE CHAIRMAN OF THE BOARD AND THE BOARD. A SALARY ANALYSIS IS COMPLETED AND PRESENTED FOR COMMITTEE REVIEW AND APPROVAL. ALL OTHER OFFICERS ARE REVIEWED ANNUALLY BY THE CHIEF EXECUTIVE OFFICER WHICH INCLUDES A PERFORMANCE ASSESSMENT TO ESTABLISH WHETHER ANNUAL OBJECTIVES (BY POSITION) HAVE BEEN MET. FORM 990, PART VI, SECTION C, LINE 19 THE MUSIC SETTLEMENT MAKES ALL GOVERNING DOCUMENTS, ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VIII, LINE 7B(II) IN OCTOBER 2023, THE MUSIC SETTLEMENT SUCCESSFULLY COMPLETED THE SEVEN-YEAR COMPLIANCE PERIOD RELATED TO THE NMTC FINANCING SECURED FOR THIS DEVELOPMENT PROJECT. ON OCTOBER 3, 2023 THE NMTC EXIT TRANSACTION WAS CLOSED WHEN THE OTHER NMTC LENDERS WITHDREW AND THE MUSIC SETTLEMENT AND TMS WEST COLLAPSED THE NMTC STRUCTURE. AS A RESULT, ALL RELATED LOANS WERE FORGIVEN AND TMS WEST OWNS THE OHIO CITY PROPERTY. NO DEBT SURVIVED FROM THIS INITIAL NMTC FINANCING. IN ADDITION, THE DEFERRED INVESTMENT, ORGANIZATIONAL AND OTHER COSTS RELATED TO THE FINANCING TRANSACTION WERE WRITTEN OFF, RESULTING IN A LOSS OF $433,389 DURING THE YEAR ENDED JUNE 30, 2024. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. TMS WEST 11125 MAGNOLIA DRIVE CLEVELAND OH 44106 812226622 PROVIDE ARTS EXPERIENCES OH 501(C)(3) 509(A)(3) THE CLEVELAND MUSIC SCHOOL SETTLEMENT 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 TMS WEST Q 7068 FAIR MARKET VALUE