2023-02-24T15:52:27-06:00 2022-06-30 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2021-07-01 042867945 GROTON HILL MUSIC INC GROT 9784869524 122 OLD AYER ROAD GROTON MA 01450 LISA FIORENTINO CHIEF EXECUTIVE OFFICER 9784869524 2023-02-24 1 LISA FIORENTINO XXX-XX-XXXX JOSEPH M GISO CPA P00030126 7819143400 2023-02-24 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z X X LISA FIORENTINO 122 OLD AYER ROAD GROTON MA 01450 43780447 0 X WWW.GROTONHILL.ORG X 1985 MA TO SHARE THE TRANSFORMATIVE POWER OF MUSIC THROUGH TEACHING, PERFORMING & GIVING MUSIC 17 17 106 40 0 0 59855611 38212383 1545605 1793850 503299 1190455 0 0 61904515 41196688 54372 54597 0 0 2471529 2797950 0 0 507758 2964505 5337920 5490406 8190467 56414109 33006221 185132267 210830113 3838505 740515 181293762 210089598 THE ORGANIZATION'S MISSION IS TO SHARE THE TRANSFORMATIVE POWER OF MUSIC THROUGH TEACHING, PERFORMING AND GIVING MUSIC GENEROUSLY WHEN THERE IS NEED. 0 0 3843445 54597 1684467 THE MUSIC EDUCATION PROGRAM SERVED APPROXIMATELY 1,200 STUDENTS OF ALL AGES AND ABILITIES WITH A FACULTY OF PROFESSIONAL ARTISTS AND EDUCATORS THROUGH PRIVATE INSTRUCTION, GROUP LESSONS AND ENSEMBLES FOR ALL INSTRUMENTS AND VOICE, IN MANY GENRES INCLUDING CLASSICAL, JAZZ, FOLK, POPULAR, CELTIC, AND TRADITIONAL MUSIC. THE ORGANIZATION IS COMMITTED TO PROVIDING AFFORDABLE MUSIC EDUCATION AND ALSO HAS BEEN ABLE TO PROVIDE $54,597 IN SCHOLARSHIP AID. 3390443 109383 THE ORGANIZATION'S MISSION IS CENTERED ON THE PRINCIPLE THAT PERFORMANCE AND EDUCATION ARE FULLY INTEGRATED AND REPRESENT AN INTEGRAL PART OF THE ORGANIZATION'S MUSIC EDUCATION CURRICULUM. ATTENDING PROFESSIONAL CONCERTS AND WATCHING A PROFESSIONAL AT WORK IS ESSENTIAL TO DEVELOPING STRONG PERFORMANCE TECHNIQUES AND AN UNDERSTANDING OF HOW TO MASTER ONE'S INSTRUMENT. LISTENING TO, AND EVALUATING, MUSIC AND MUSIC PERFORMANCE ARE KEY STANDARDS OF A COMPREHENSIVE, QUALITY MUSIC EDUCATION PROGRAM. THE ORGANIZATION'S PERFORMANCE PROGRAM SERVED APPROXIMATELY 4,800 PEOPLE THROUGH PERFORMANCES BY HIGH QUALITY GUEST ARTISTS IN MANY GENRES OF MUSIC AS WELL AS THE ORGANIZATION'S PROFESSIONAL ORCHESTRA LED BY ARTISTIC DIRECTOR, BRUCE HANGEN. 98152 THE ORGANIZATION'S MUSIC PHILANTHROPY PROGRAM SERVED APPROXIMATELY 1,100 PEOPLE THROUGH FREE AFTER SCHOOL MUSIC LESSONS AND PROGRAMS IN UNDERSERVED COMMUNITIES, FREE MONTHLY PROFESSIONAL CONCERTS THAT SERVE SENIOR CITIZENS, AND SINGING BY ITS THRESHOLD SINGERS FOR THOSE IN HOSPICE CARE. 7332040 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 77 0 1 106 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X LISA FIORENTINO 9784869524 122 OLD AYER ROAD GROTON MA 01450 PETER ASHTON CO-CHAIR 1.00 X X 0 0 0 SIMON JONES CO-CHAIR 1.00 X X 0 0 0 MIRIAM SMITH VICE-CHAIR 1.00 X X 0 0 0 JONATHAN PANEK TREASURER 1.00 X X 0 0 0 PHIL FRANCISCO CLERK 1.00 X X 0 0 0 PETER BENTINCK- SMITH BOARD MEMBER 1.00 X 0 0 0 KIRSTA DAVEY BOARD MEMBER 1.00 X 0 0 0 JEFFREY FUHRER BOARD MEMBER 1.00 X 0 0 0 STEPHEN IRISH BOARD MEMBER 1.00 X 0 0 0 MELISSA MARANDA BOARD MEMBER 1.00 X 0 0 0 JANET NICHOLAS BOARD MEMBER 1.00 X 0 0 0 DAVE RIGGERT BOARD MEMBER 1.00 X 0 0 0 TROY SIEBELS OUTGOING BOARD MEMBER 1.00 X 0 0 0 DEB VERNER BOARD MEMBER 1.00 X 0 0 0 ROBERT ANDERSON HONORARY BOARD MEMBER 1.00 X 0 0 0 RALPH BROWN HONORARY BOARD MEMBER 1.00 X 0 0 0 DAVID MOULTON HONORARY BOARD MEMBER 1.00 X 0 0 0 LISA FIORENTINO CHIEF EXECUTIVE OFFICER 40.00 X 170799 0 16852 CATHERINE COLEMAN DIRECTOR OF DEVELOPMENT 40.00 X 126175 0 0 PETE ROBBINS DIR OF EDUCATION & PERFORMANCE PRGMG 40.00 X 125000 0 0 421974 0 16852 3 0 1 0 GARY SHEPHERD 55 MAIN STREET TOWNSEND MA 01469 PROJECT MANAGEMENT 120000 1 61100 38151283 1448702 38212383 TUITION 711190 1672830 1672830 TICKET REVENUE 711190 97365 97365 SERVICE FEES 711190 23655 23655 1793850 903506 903506 2870708 2583759 286949 286949 286949 41196688 1793850 0 1190455 54597 54597 207625 103813 51906 51906 2289762 1794900 139000 355862 106407 84866 11047 10494 194156 151489 13104 29563 4500 4500 29012 29012 42037 42037 302788 299080 1000 2708 110069 104762 5237 70 19039 9888 2741 6410 36445 25191 5202 6052 4504050 4469287 20996 13767 85384 72556 11403 1425 43006 28656 10814 3536 PROGRAM PRODUCTION 142680 122984 147 19549 ADMINISTRATION FEES 18910 9971 2523 6416 8190467 7332040 350669 507758 1559636 1630426 7866777 4972902 848321 733078 743071 55720 230416 337058 181386437 2111008 148830651 179275429 25053395 23825500 185132267 210830113 3346051 93332 311131 476457 181323 170726 3838505 740515 X 150261454 184061119 31032308 26028479 181293762 210089598 185132267 210830113 X 33006221 -4188782 -21603 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24543129 1956526 -2963253 38900 84575 38741 23374186 3042571 20514584 1122930 36400 78100 22456 24543129 2945534 25000 200638 35250 74750 18601 3042571 2865125 20000 185020 34250 72550 17811 2945534 2726757 75000 185165 33000 71000 17797 2865125 1.00000 0 0 2937825 2937825 3600297 1663080 1937217 70521400 70521400 657660 447928 209732 103669255 103669255 179275429 CHARITABLE GIFT ANNUITIES 170726 170726 X 36889765 -4188782 96 -76200 -4264886 41154651 42037 42037 41196688 8093929 96 96 8093833 42037 54597 96634 8190467 PART V, LINE 4: THE ORGANIZATION'S RETURN ON INVESTMENT OF ENDOWMENT FUNDS IS USED FOR SCHOLARSHIPS, PHILANTHROPIC OUTREACH, ORCHESTRA INITIATIVES, EDUCATIONAL PROGRAMS AND OPERATIONAL NEEDS. PART X, LINE 2: MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION IN THE FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE ITS EVALUATION OF TAX POSITIONS WILL SIGNIFICANTLY CHANGE WITHIN TWELVE MONTHS OF JUNE 30, 2022. ANY CHANGES IN TAX POSITIONS WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES GENERALLY FOR THE YEARS ENDED JUNE 30, 2019, 2020 AND 2021. ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS ARE RECOGNIZED AS A PART OF INTEREST EXPENSE AND MISCELLANEOUS EXPENSES, RESPECTIVELY, IN THE ACCOMPANYING STATEMENT OF ACTIVITIES. THE ORGANIZATION HAS NO ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AT JUNE 30, 2022 AND NONE WERE INCURRED DURING THE YEAR THEN ENDED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS GRANTED -54,597. CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -21,603. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS GRANTED 54,597. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION'S NONDISCRIMINATORY POLICY IS INCLUDED ON THE ORGANIZATION'S WEBSITE AND REGISTRATION DOCUMENTATION. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED $35,600 FROM THE MASSACHUSETTS CULTURAL COUNCIL, $16,000 FROM THE CITY OF LAWRENCE, AND $9,500 FROM VARIOUS LOCAL CULTURAL COUNCILS. 1 SCHOLARSHIPS 54 54597 FMV TUITION AID PART I, LINE 2: THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS IN NEED BASED UPON THE AVAILABLE FINANCIAL RESOURCES OF THE ORGANIZATION AND AN APPLICATION AND SELECTION PROCESS USING DEFINED CRITERIA. ALL SCHOLARSHIPS GRANTED ARE TRACKED INTERNALLY AND APPLIED DIRECTLY TO THE COST OF TUITION FOR CLASSES AND LESSONS TO BE TAKEN AT OUR ORGANIZATION. THE ORGANIZATION TRACKS EACH STUDENT AND EACH LESSON OR CLASS THEY ATTEND. X X X X 0 0 0 0 0 0 0 0 0 LISA FIORENTINO CHIEF EXECUTIVE OFFICER 160799 0 10000 0 0 0 0 0 16852 0 187651 0 0 0 X 210 FMV X 9 1448492 SEE PART II 0 0 1 0 PART I, COLUMN (B): SCHEDULE M, PART I, LINE 9: THE NUMBER IN COLUMN B REPRESENTS THE TOTAL NUMBER OF OCCASIONS SECURITIES WERE DONATED. SCHEDULE M, PART I, LINE 9: THE ORGANIZATION CALCULATES CONTRIBUTION AMOUNTS FOR SECURITIES ON THE DATE SECURITIES ARE RECEIVED. THE ORGANIZATION MULTIPLIES THE AVERAGE OF THE HIGH AND LOW STOCK PRICES ON THE DATE OF RECEIPT BY THE NUMBER OF SHARES DONATED. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION UPDATED ITS ARTICLES OF INCORPORATION TO REFLECT ITS NAME CHANGE FROM INDIAN HILL MUSIC, INC. TO GROTON HILL MUSIC, INC. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO DISTRIBUTION TO THE FULL BOARD. ONCE THE AUDIT COMMITTEE FINDS THE DOCUMENT TO BE ACCEPTABLE, THE FULL BOARD RECEIVES A COPY TO REVIEW. ALL BOARD MEMBERS ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS, AND ONCE THOSE QUESTIONS AND ANY RESULTING REVISIONS ARE ADDRESSED, THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A FORMAL, WRITTEN CONFLICT OF INTEREST POLICY. EACH MEMBER OF THE BOARD OF DIRECTORS AND THE OFFICERS OF THE ORGANIZATION ARE REQUIRED TO CERTIFY ON AN ANNUAL BASIS THAT THEY HAVE RECEIVED AND REVIEWED THE POLICY AND THAT THEY ARE IN COMPLIANCE WITH IT. INTERNAL EMPLOYEES TRACK TO ENSURE CERTIFICATIONS ARE RECEIVED AND THAT NO ISSUES ARE REPORTED. IF CONFLICT(S), OR POTENTIAL CONFLICT(S), OF INTEREST EXIST, THEY WOULD BE BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD AND CHIEF EXECUTIVE OFFICER FOR FURTHER REVIEW AND RESOLUTION. ANY CONFLICT OF INTEREST WOULD BE RECORDED IN THE MINUTES OF THE BOARD AND WHERE THE CONFLICT(S) CONCERN(S) ANY BOARD MEMBER(S), THE INDIVIDUAL(S) SHALL NOT PARTICIPATE IN ANY VOTE OR DELIBERATION OF THE MATTER. IF A CONFLICT OF INTEREST SEVERELY IMPEDES AN INDIVIDUAL'S ABILITY TO PERFORM THEIR ORGANIZATIONAL DUTIES, THAT INDIVIDUAL WILL BE REMOVED FROM THEIR POSITION. FORM 990, PART VI, SECTION B, LINE 15A INCREASES TO CHIEF EXECUTIVE OFFICER'S COMPENSATION INCLUDE A PERFORMANCE REVIEW PROCESS, A REVIEW OF COMPARABILITY DATA, AND APPROVAL BY THE FULL BOARD OF DIRECTORS OR A SUBSET THEREOF. MINUTES OF ALL MEETINGS RELATED TO THE CHIEF EXECUTIVE OFFICER'S COMPENSATION ARE MAINTAINED TO DOCUMENT THE DELIBERATIONS AND DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S WEBSITE STATES THIS AND ALSO PROVIDES THE CONTACT INFORMATION TO OBTAIN THESE DOCUMENTS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -21,603. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.