2022-05-16T14:22:31-05:00 2021-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2020-07-01 340714600 CLEVELAND INSTITUTE OF MUSIC CLEV 2167915000 11021 EAST BLVD CLEVELAND OH 44106 ERIC BOWER SENIOR VP 2167915000 2022-05-12 1 ERIC BOWER 999009999 CHRISTOPHER B ANDERSON P00226559 2163630100 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ERIC BOWER 11021 EAST BLVD CLEVELAND OH 44106 52410681 0 X WWW.CIM.EDU X 1920 OH TO EMPOWER THE WORLD'S MOST TALENTED CLASSICAL MUSIC STUDENTS TO FULFILL THEIR DREAMS&POTENTIAL. 40 40 457 185 445434 281 7966500 7175567 20231059 18609637 1783263 7145620 68578 393447 30049400 33324271 9707995 8906437 0 0 11575777 11372653 0 0 985669 6948812 7210014 28232584 27489104 1816816 5835167 89548246 104952218 15667379 15405669 73880867 89546549 X THE CLEVELAND INSTITUTE OF MUSIC'S MISSION IS TO EMPOWER THE WORLD'S MOST TALENTED CLASSICAL MUSIC STUDENTS TO FULFILL THEIR DREAMS AND POTENTIAL. 0 0 20235147 8906437 18929972 SEE SCHEDULE OTHE CLEVELAND INSTITUTE OF MUSIC IS ONE OF JUST SEVEN INDEPENDENT CONSERVATORIES OF MUSIC IN THE UNITED STATES, ONE OF THREE DEVOTED EXCLUSIVELY TO CLASSICAL MUSIC PERFORMANCE. CIM STUDENTS BENEFIT FROM ACCESS TO WORLD-RENOWNED VISITING ARTISTS AND CONDUCTORS, INTENSIVE STUDY WITH CIM'S STELLAR FACULTY AND THE RICH CURRICULUM OFFERED BY CIM'S PARTNER CASE WESTERN RESERVE UNIVERSITY. CIM'S GRADUATES COMMAND THE MOST CELEBRATED AND REVERED STAGES IN THE WORLD AS SOLOISTS, CHAMBER MUSICIANS AND ENSEMBLE MEMBERS; COMPOSE AWARD-WINNING REPERTOIRE; AND ARE SOUGHT-AFTER TEACHING ARTISTS, ADMINISTRATORS AND THOUGHT LEADERS. MORE THAN HALF OF THE MEMBERS OF THE CLEVELAND ORCHESTRA ARE CONNECTED TO CIM AS MEMBERS OF THE FACULTY, ALUMNI OR BOTH. CIM'S PREPARATORY AND CONTINUING EDUCATION DIVISION SUPPORTS ABOUT 1,000 ENROLLMENTS IN PRIVATE AND GROUP LESSONS, CLASSES AND ENSEMBLES. CIM IS AN INTEGRAL PART OF CLEVELAND'S ARTS COMMUNITY PRESENTING NEARLY 600 FREE PERFORMANCES AND MASTER CLASSES ON CAMPUS AND THROUGHOUT THE COMMUNITY EACH YEAR. THE PERFORMANCE SEASON WAS SHORTENED THIS FISCAL YEAR DUE TO THE PANDEMIC BUT CIM WAS ABLE TO PRESENT APPROXIMATELY 400 OF THESE FREE EVENTS. DURING THIS FISCAL YEAR CIM OFFERED APPROXIMATELY $8.9 MILLION OF SCHOLARSHIPS AND FINANCIAL AID TO ITS STUDENTS. 20235147 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 79 0 1 457 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 40 40 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X X ERIC BOWER 2167915000 11021 EAST BLVD CLEVELAND OH 44106 ADDICOTT GAY CULL TRUSTEE 1.00 X 0 0 0 ANDERSON A CHACE TRUSTEE 1.00 X 0 0 0 BALDASSARRE CARLE TRUSTEE 1.00 X 0 0 0 BASSETT CYNTHIA TRUSTEE 1.00 X 0 0 0 BITTENBENDER CHARLES A TRUSTEE 1.00 X 0 0 0 BLAIR III WILLIAM P TRUSTEE 1.00 X 0 0 0 BRODHEAD PETER J TRUSTEE 1.00 X 0 0 0 BUCKLEY BRENT M TRUSTEE 1.00 X 0 0 0 BUESCHER ANN TRUSTEE 1.00 X 0 0 0 CARMI IRAD TRUSTEE 1.00 X 0 0 0 CONRAD ROBERT TRUSTEE 1.00 X 0 0 0 COOK BONNIE M SECRETARY 1.00 X X 0 0 0 COOLEY III CHARLES P TRUSTEE 1.00 X 0 0 0 DAVIS JEFFREY M TRUSTEE 1.00 X 0 0 0 GEHO ROBERT TRUSTEE AND FIRST VICE CHAIR 1.00 X X 0 0 0 HARVIE CRAWFORD T TRUSTEE 1.00 X 0 0 0 HAYES ELEANOR M TRUSTEE 1.00 X 0 0 0 HIGLEY ANN TRUSTEE 1.00 X 0 0 0 HIPPLE RICHARD J TRUSTEE 1.00 X 0 0 0 LINTON JEFFREY B TRUSTEE 1.00 X 0 0 0 MADDOX WENDELL TRUSTEE 1.00 X 0 0 0 MARSTON CHARLES S TRUSTEE 1.00 X 0 0 0 MEYERHOEFER TRENT M TRUSTEE 1.00 X 0 0 0 MILLER JONATHAN P TRUSTEE AND VICE CHAIR 1.00 X X 0 0 0 MOYAR MARJORIE M TRUSTEE 1.00 X 0 0 0 OMALLEY ANTHONY J TRUSTEE 1.00 X 0 0 0 POTH GARY W TRUSTEE 1.00 X 0 0 0 RILEY SHAWN M TRUSTEE AND TREASURER 1.00 X X 0 0 0 ROBINSON BARBARA S TRUSTEE 1.00 X 0 0 0 ROTHMANN SUSAN A TRUSTEE AND CHAIR 1.00 X X 0 0 0 SANDERS MOBLEY MARILYN TRUSTEE AND VICE CHAIR 1.00 X X 0 0 0 SCHLANG ELLIOTT L TRUSTEE 1.00 X 0 0 0 SCIARAPPA DONNA M TRUSTEE 1.00 X 0 0 0 SEIDENFELD ASTRI TRUSTEE 1.00 X 0 0 0 SMITH SEAN P TRUSTEE 1.00 X 0 0 0 SWIFT CHRISTOPHER J TRUSTEE 1.00 X 0 0 0 THOMAS JOSEPH H TRUSTEE 1.00 X 0 0 0 VIGH TRACY A TRUSTEE 1.00 X 0 0 0 WATSON SANFORD E TRUSTEE 1.00 X 0 0 0 KEVIN STEIN TRUSTEE 1.00 X 0 0 0 HOGLE PAUL PRESIDENT/CEO 40.00 X 378786 0 44113 BOWER ERIC SVP & ASST TREASURER 40.00 X 256236 0 42681 BUNDRA JUDY CAO & DEAN 40.00 X 161013 0 15649 SNELL NANCY ASST SECRETARY 40.00 X 47805 0 18642 KALER ILYA FACULTY 40.00 X 159381 0 36986 PRICE JERROD EXEC DIR PREPARATORY, ENROLLMENT AND PATHWAY PROGR 40.00 X 165604 0 36875 IRVINE JEFFREY FACULTY 40.00 X 150877 0 13426 LAREDO JAIME FACULTY 40.00 X 138162 0 19535 ROBINSON SHARON FACULTY 40.00 X 138825 0 18934 1596689 0 246841 11 0 1 0 0 3588486 3587081 693516 7175567 TUITION AND FEES 611310 18431266 18431266 STUDENT APPLICATION FEES 611310 135750 135750 SERVICE INCOME & OTHER 611310 42621 42621 18609637 1005397 445434 559963 10535 0 10535 10535 10535 25206658 19023691 42744 6182967 -42744 6140223 6140223 82552 19975 62577 62577 OTHER REVENUE 611310 297068 297068 NET INC.IN PERKINS ICC 900099 23267 23267 320335 33324271 18929972 445434 6773298 8906437 8906437 982226 186484 653293 142449 8906818 6921070 1538262 447486 338670 264039 65598 9033 591647 433899 135977 21771 553292 506429 19702 27161 81810 81810 73811 73811 50000 50000 196449 196449 928727 520518 288624 119585 86594 36780 41314 8500 499675 216530 183127 100018 335226 16652 283749 34825 1583064 1013645 569419 13530 10697 2208 625 92855 54952 15702 22201 182173 182173 1675672 1675672 192374 36584 153790 2000 AFFILIATE TUITION 1050823 1050823 BAD DEBT EXPENSE 50348 15896 34452 CGA ADJUSTMENTS 48283 48283 STUDENT PRIZES/AWARDS 41175 41175 27425 2537 24873 15 27489104 20235147 6268288 985669 1700 0 5042815 5193067 1797087 2119037 381958 1817945 1037575 858346 172832 246193 50113192 25744430 25065655 24368762 42629715 46926237 13418909 23422631 89548246 104952218 1306985 2103339 123495 170259 11465312 10496331 2771587 2635740 15667379 15405669 X 43096785 56669604 30784082 32876945 73880867 89546549 89548246 104952218 X 5835167 8637347 1193168 X 0 1 X 1 1 1 X 3799668 3065191 4812016 7966500 7175567 26818942 3799668 3065191 4812016 7966500 7175567 26818942 906287 25912655 1026834 1201627 1115119 1160241 1015932 5519753 103791 -44034 114395 66649 402887 643688 32982383 109403536 0.78570 0.71480 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2016 AMOUNT: $ 103,791. 2017 AMOUNT: $ -44,034. 2018 AMOUNT: $ 114,395. 2019 AMOUNT: $ 66,649. 2020 AMOUNT: $ 402,887. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 50000 0 0 50000 0 PART II-B, LINE 1: CIM RETAINED A LOBBYIST TO ADVOCATE IN COLUMBUS, OHIO FOR FUNDING TO SUPPORT THE RENOVATION OF CIM'S KULAS HALL. 79978 0 52173163 775951 14213149 2184688 64977575 51545091 2253302 489626 2114856 52173163 50373765 1224599 2007387 2060660 51545091 47341866 305564 4737776 2011441 50373765 42106049 910272 6316994 1991449 47341866 0.51266 0.48734 0.00000 1 0 1063536 1063536 38979865 19424873 19554992 698867 23296 675571 3478229 2893966 584263 5892695 3402295 2490400 24368762 ALTERNATIVE INVESTMENTS 23397631 F PARTNERSHIPS 25000 C 23422631 U.S. GOVERNMENT GRANTS REFUNDABLE 635740 PAYCHECK PROTECTION PROGRAM LOAN 2000000 2635740 34319537 8637347 1213143 9850490 24469047 196449 8658775 8855224 33324271 18653855 19975 19975 18633880 196449 8658775 8855224 27489104 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS - THE INSTITUTE'S ENDOWMENT CONSISTS OF 234 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES THAT SUPPORT THE EDUCATIONAL MISSION OF THE INSTITUTE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PERPETUAL CHARITABLE TRUSTS 1,193,168. FUNDRAISING EVENT EXPENSES NETTED WITH REVENUE ON PART VIII OF FORM 990 19,975. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE WHICH WAS SHOWN AS A REDUCTION OF REVENUE ON FINANCIAL STATEMENTS BUT SHOWN AS AN EXPENSE IN PART IX OF FORM 990 8,701,519. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES NETTED WITH REVENUE ON PART VIII OF FORM 990 19,975. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE WHICH WAS SHOWN AS A REDUCTION OF REVENUE ON FINANCIAL STATEMENTS BUT SHOWN AS AN EXPENSE IN PART IX OF FORM 990 8,701,519. LOSS ON DISPOSAL OF FIXED ASSETS -42,744. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NEWSPAPER OR BROADCAST MEDIA IS NOT USED FOR STUDENT RECRUITMENT. HOWEVER, A STATEMENT OF THE INSTITUTE'S RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS IS INCLUDED IN THE INSTITUTE'S CATALOG, WHICH CAN ALSO BE FOUND ON THE INSTITUTE'S WEBSITE. THE FOLLOWING IS THE INSTITUTE'S POLICY ON NONDISCRIMINATORY ADMISSION AS REAFFIRMED BY THE BOARD OF TRUSTEES: IN THE ADMINISTRATION OF ITS EDUCATIONAL AND ADMISSION POLICIES, SCHOLARSHIP, LOAN, AND OTHER SCHOOL-ADMINISTERED PROGRAMS, THE CLEVELAND INSTITUTE OF MUSIC IS COMMITTED TO NONDISCRIMINATION AND EQUAL OPPORTUNITY. THE INSTITUTE ADMITS STUDENTS TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL REGARDLESS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN, CITIZENSHIP, RELIGION, AGE, SEX, SEXUAL ORIENTATION, OR DISABILITY. SCHEDULE E, PART I, LINE 6 FINANCIAL AID OR GOVERNMENT ASSISTANCE - ASSISTANCE IS RECEIVED FROM THE FOLLOWING GOVERNMENTAL AGENCIES: U.S. DEPARTMENT OF EDUCATION: FEDERAL DIRECT STAFFORD LOAN FEDERAL DIRECT PLUS LOAN FEDERAL PERKINS LOAN FEDERAL WORK-STUDY SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PELL GRANT HIGHER EDUCATION EMERGENCY RELIEF FUND U.S. DEPARTMENT OF VETERANS AFFAIRS: POST 9/11 G.I. BILL THE OHIO DEPARTMENT OF HIGHER EDUCATION: OHIO COLLEGE OPPORTUNITY GRANT OHIO WAR ORPHAN SCHOLARSHIP PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY: PA STATE GRANT CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 5739045 0 0 0 0 0 0 5739045 0 5739045 0 0 0 0 0 0 PART III ACCOUNTING METHOD: LUMINARIES 82552 82552 2930 1875 15170 82552 82552 2930 1875 15170 19975 62577 1 FELLOWSHIP AND SERVICES 8 24862 0 INSTITUTIONAL SCHOLARSHIPS 314 8604036 0 STUDENT ASSISTANCE 263 130555 0 WORK-STUDY 110 112984 0 SEOG 30 34000 0 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - CLEVELAND INSTITUTE OF MUSIC CREDITS THE GRANTS AND OTHER ASSISTANCE DIRECTLY TO THE STUDENTS' ACCOUNTS AND THEREFORE ENSURES THAT THE FUNDS ARE SPENT FOR EDUCATIONAL PURPOSES. WORK-STUDY AND AUDITION ASSISTANCE ARE PAID DIRECTLY TO THE STUDENTS WHEN EARNED OR INCURRED. X 0 1 X X X 0 0 0 0 0 0 0 1 1 1 HOGLE PAUL PRESIDENT/CEO 377418 0 0 0 1368 0 22800 0 21313 0 422899 0 0 0 BOWER ERIC SVP & ASST TREASURER 254525 0 0 0 1711 0 21239 0 21442 0 298917 0 0 0 PRICE JERROD EXEC DIR PREPARATORY, ENROLLMENT AND 165472 0 0 0 132 0 12800 0 24075 0 202479 0 0 0 KALER ILYA FACULTY 158777 0 0 0 604 0 13332 0 23654 0 196367 0 0 0 BUNDRA JUDY CAO & DEAN 159963 0 0 0 1050 0 12917 0 2732 0 176662 0 0 0 IRVINE JEFFREY FACULTY 150153 0 0 0 724 0 12031 0 1395 0 164303 0 0 0 ROBINSON SHARON FACULTY 138161 0 0 0 664 0 11451 0 7483 0 157759 0 0 0 LAREDO JAIME FACULTY 138161 0 0 0 1 0 11395 0 8140 0 157697 0 0 0 PART I, LINE 1A BENEFITS PROVIDED - THE INSTITUTE PAYS DUES FOR A SOCIAL CLUB FOR PRESIDENT HOGLE. HE USES THE CLUB EXCLUSIVELY FOR BUSINESS PURPOSES AND THEREFORE, HE DOES NOT RECOGNIZE TAXABLE INCOME FROM THIS BENEFIT. PART I, LINE 1B WRITTEN POLICY FOR REIMBURSEMENT - THE INSTITUTE PAYS THE SOCIAL CLUB DIRECTLY FOR MONTHLY DUES IN ACCORDANCE WITH PRESIDENT HOGLE'S EMPLOYMENT CONTRACT. PART I, LINE 7 NON-FIXED PAYMENTS - THE INSTITUTE PROVIDES CERTAIN EMPLOYEES WITH INCENTIVE COMPENSATION (BONUSES) FOR ATTAINMENT OF GOALS ESTABLISHED DURING THE EMPLOYEE EVALUATION PROCESS. PART I, LINE 8 INITIAL CONTRACT EXCEPTION - PRESIDENT PAUL HOGLE'S COMPENSATION WAS PROVIDED IN ACCORDANCE WITH A CONTRACT BETWEEN THE INSTITUTE AND MR. HOGLE FOR 2016, THE FIRST YEAR OF HIS EMPLOYMENT. THE BOARD MEMBERS AND OTHERS WHO PARTICIPATED IN DETERMINING THE CONTRACT'S PROVISIONS WERE INDEPENDENT OF MR. HOGLE, AND MR. HOGLE WAS NOT IN A POSITION TO INFLUENCE THE PROCESS. AS SUCH, WE BELIEVE THAT MR. HOGLE QUALIFIES FOR THE "INITIAL CONTRACT EXCEPTION." A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 340714600 67756BPD6 2015-11-30 15540000 REFINANCE 2010 BONDS 0 0 0 A 9455000 15540000 15540000 2015 1 0 1 1 A 0 0 0 0 0.00180 0.00180 0 0 1 A 0 0 1 0 1 0 0 0 1 A 0 X 43 616626 FMV-STOCK QUOTE X PIANOS 2 72390 APPRAISAL X GUITAR 1 4500 COMPARABLE 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS - MEMBERSHIP IS OPEN TO ALL PERSONS OR CORPORATIONS WHO ARE INTERESTED IN THE CLEVELAND INSTITUTE OF MUSIC AND THE FURTHERANCE OF MUSIC AND MUSICAL EDUCATION AND WHO CONTRIBUTE AT LEAST $500 ANNUALLY TO THE INSTITUTE'S ANNUAL FUND. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS AND THEIR RIGHTS - THE MEMBERS ELECT THE TRUSTEES OF THE INSTITUTE AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 - ONCE FORM 990 IS PREPARED, IT IS PRESENTED TO A SUB-COMMITTEE COMPRISED OF INDIVIDUALS FROM THE FINANCE, GOVERNANCE, AND AUDIT COMMITTEES OF THE CLEVELAND INSTITUTE OF MUSIC FOR THEIR REVIEW. ANY QUESTIONS OR COMMENTS RAISED ARE THEN ADDRESSED BY THE CHIEF FINANCIAL OFFICER OF THE CLEVELAND INSTITUTE OF MUSIC. FORM 990 IS DISCUSSED AT THE MEETING OF THE FULL BOARD AND DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - THE ORGANIZATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY, WHICH IS REVIEWED BY MANAGEMENT AND THE BOARD OF TRUSTEES' GOVERNANCE COMMITTEE AT LEAST ANNUALLY AND MODIFIED AS REQUIRED. THE BOARD OF TRUSTEES AND OFFICERS OF THE ORGANIZATION ARE REQUIRED TO CERTIFY ANNUALLY THAT THEY HAVE READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY AND SUBMIT A WRITTEN QUESTIONNAIRE EACH YEAR DISCLOSING ANY KNOWN CONFLICTS. THE RESPONSES TO THE QUESTIONNAIRES ARE REVIEWED BY MANAGEMENT. MANAGEMENT ALSO MONITORS ALL TRANSACTIONS DURING THE NORMAL COURSE OF BUSINESS TO IDENTIFY OTHER POTENTIAL CONFLICTS. AT LEAST ANNUALLY AND AS CONFLICTS ARISE, THE BOARD OF TRUSTEES' GOVERNANCE COMMITTEE REVIEWS POTENTIAL CONFLICTS TO DETERMINE WHETHER ANY ACTUAL CONFLICTS EXIST. INDIVIDUALS WHO BELIEVE THEY ARE IN A POTENTIAL CONFLICT ARE REQUIRED TO RECUSE THEMSELVES FROM THE DELIBERATION AND DECISION-MAKING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL - THE CLEVELAND INSTITUTE OF MUSIC HAS A COMPENSATION COMMITTEE THAT APPROVES AND REVIEWS THE INSTITUTE'S INCENTIVE COMPENSATION PLAN COVERING THE PRESIDENT AND OTHER OFFICERS OF THE INSTITUTE. THE COMMITTEE DISCHARGES THE DUTY OF THE BOARD OF TRUSTEES IN FULFILLING THE BOARD'S OVERSIGHT RESPONSIBILITIES FOR DETERMINING THE REASONABLENESS AND ADEQUACY OF THE COMPENSATION AND BENEFITS PAID TO THE PRESIDENT AND OTHER OFFICERS. THE COMMITTEE CONDUCTS AN ANNUAL REVIEW OF COMPENSATION AND BENEFITS IN RELATION TO THE MARKETPLACE AND RELEVANT INDEPENDENT DATA. THE COMMITTEE DECIDES ON ANY CHANGES TO THE INCENTIVE COMPENSATION PLAN. ONCE APPROVED BY THE COMMITTEE, THE INCENTIVE COMPENSATION PLAN IS SIGNED BY THE CHAIR OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. THE AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE INSTITUTE'S WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN CHARITABLE PERPETUAL TRUSTS 1,193,168.