2022-05-18T14:57:23-05:00 2021-09-30 131610809 FRIEDMAN LLP 2000 MARKET STREET SUITE 500 PHILADELPHIA PA 19103 990 2020-10-01 030186612 MARLBORO SCHOOL OF MUSIC INC MARL 2155694690 1528 WALNUT STREET NO 301 PHILADELPHIA PA 19102 PHILIP MANEVAL ASSISTANT TREASURER 2155694690 2022-05-10 1 PHILIP MANEVAL 999009999 DENISE MCKNIGHT P01063588 2154969200 2022-05-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z CHRISTOPHER SERKIN 1528 WALNUT STREET NO 301 PHILADELPHIA PA 19102 14401020 0 X WWW.MARLBOROMUSIC.ORG X 1951 VT TO DEVELOP MUSICAL LEADERS THROUGH A COMMUNITY DEVOTED TO THE EXPLORATION OF CHAMBER MUSIC. 31 31 30 0 0 0 4289653 4745306 92794 386646 3454984 6448438 17577 2627 7855008 11583017 92000 424150 0 0 1031084 1145753 0 0 34500 1817929 2481840 2941013 4051743 4913995 7531274 86292007 99638142 1734955 1220275 84557052 98417867 X TO INSPIRE NEW GENERATIONS OF MUSICAL LEADERS BY ENABLING ARTISTS OF DIVERSE AGES, NATIONALITIES AND PERSPECTIVES TO FORM A NURTURING, CLOSELY-KNIT COMMUNITY DEVOTED TO THE INTENSIVE EXPLORATION OF CHAMBER MUSIC. 0 1 2798462 326650 326650 TO CREATE A SUMMER STUDY PROGRAM AND COMMUNITY IN SOUTHEASTERN VERMONT IN WHICH 90 DIVERSE MUSICIANS SHARE INSIGHTS AND IDEAS IN INTENSIVE DAILY REHEARSALS, AND LIVE WITH ONE ANOTHER, AND WITH STAFF MEMBERS, SPOUSES AND CHILDREN FOR SEVEN WEEKS. 415110 59996 TO PRESENT WEEKEND CONCERTS TO AUDIENCES OF APPROXIMATELY 6,000 PER SEASON, FEATURING EXCEPTIONAL PERFORMANCES OF WORKS THAT EMANATE FROM OUR INTENSIVE SUMMER STUDY PROGRAM, AND WHICH INTRODUCE YOUNG EMERGING MUSICAL LEADERS, AND RARELY-HEARD AND NEW COMPOSITIONS OF SPECIAL MERIT. 98746 97500 0 TO PRESENT SEVERAL SERIES OF TOURING ENSEMBLES IN MAJOR EAST COAST CITIES, AND SINGLE CONCERTS IN OTHER COMMUNITIES, THAT BRING EXCITING PERFORMANCES FROM OUR SUMMER TRAINING PROGRAM IN VERMONT TO BROADER AUDIENCES WHO WOULD NOT OTHERWISE BE ABLE TO EXPERIENCE THEM. THE TOUR PERFORMANCES WERE CANCELLED DURING THIS FISCAL YEAR DUE TO THE PANDEMIC. 3312318 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 79 0 1 30 1 0 0 0 0 0 0 0 0 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 PA X MARIANNE TIERNEY 2155694690 1528 WALNUT STREET NO 301 PHILADELPHIA PA 19102 MR PETER A BENOLIEL DIRECTOR 0.30 X 0 0 0 MR ANTHONY BERNER DIRECTOR 4.00 X 0 0 0 MRS MARTA CASALS ISTOMIN DIRECTOR 0.30 X 0 0 0 DR CAROL CHRIST DIRECTOR 0.30 X 0 0 0 MS CAROL COLBURN GRIGOR DIRECTOR 0.30 X 0 0 0 MS BARBARA E FIELD DIRECTOR 0.30 X 0 0 0 MR DANIEL B GINSBERG DIRECTOR 0.30 X 0 0 0 MARSHA GRAY DIRECTOR 0.30 X 0 0 0 DR STEPHEN J GREENBLATT DIRECTOR 0.30 X 0 0 0 JUDITH W HURTIG DIRECTOR 0.30 X 0 0 0 MR ROBERT W JONES DIRECTOR 0.30 X 0 0 0 DAPHNE KEMPNER DIRECTOR 0.30 X 0 0 0 MRS SYLVIA MARX DIRECTOR 0.30 X 0 0 0 MS ELIZABETH MEYER DIRECTOR 0.30 X 0 0 0 MS PHYLLIS J MILLS DIRECTOR 0.30 X 0 0 0 MR EDWARD A MONTGOMERY JR DIRECTOR 0.30 X 0 0 0 MR LESTER S MORSE JR DIRECTOR 0.30 X 0 0 0 MR MICHAEL POLLACK DIRECTOR 4.00 X 0 0 0 SUSAN S RAI ESQ CLERK & VICE PRESIDENT 2.00 X X 0 0 0 MR WILLIAM H ROBERTS TREASURER & VICE PRESIDENT 4.00 X X 0 0 0 DR LUISA M SAFFIOTTI DIRECTOR 0.30 X 0 0 0 MR CHRISTOPHER SERKIN PRESIDENT & CHAIRMAN 6.00 X X 0 0 0 JACOB SMITH DIRECTOR 0.30 X 0 0 0 MS ANNE-MARIE SOULLIERE DIRECTOR 0.30 X 0 0 0 MR STEPHEN STAMAS DIRECTOR 0.30 X 0 0 0 DR EILEEN TATE CLINE DIRECTOR 0.30 X 0 0 0 MR HARVEY TRAISON DIRECTOR 0.30 X 0 0 0 MR WILLEM VAN EEGHEN DIRECTOR 0.30 X 0 0 0 MRS BARBARA WINTER GLAUBER DIRECTOR 0.30 X 0 0 0 MR CHRISTOPH WOLFF DIRECTOR 0.30 X 0 0 0 ANGELICA ZANDER RUDENSTINE DIRECTOR 0.30 X 0 0 0 MILES COHEN ASSISTANT TREASURER 30.00 X 76004 0 11485 PHILIP MANEVAL ASSISTANT TREASURER 30.00 X 106014 0 14443 182018 0 25928 1 0 0 0 COURTLAND CONSTRUCTION PO BOX 38 WEST CHESTERFIELD NH 03466 CONTRACTOR 3660594 HAMMEL GREEN AND ABRAHMSON INC 420 5TH ST NORTH SUITE 100 MINNEAPOLIS MN 55401 ARCHITECTURAL SERVICES 191363 ARAMARK PO BOX 978839 DALLAS TX 75379 FOOD SERVICE PROVIDER 170000 3 232510 4512796 4745306 TUITIONS 611600 326650 326650 SUMMER TICKET SALES 711130 57187 57187 CD, BOOK & POSTER SALES 711190 2809 2809 386646 976769 976769 58250 55623 2627 2627 2627 8234049 2762380 5471669 5471669 5471669 11583017 386646 0 6451065 424150 424150 207944 145485 60581 1878 628586 440010 188576 61851 43112 14256 4483 172080 119945 39663 12472 75292 52481 17354 5457 153013 153013 21112 21112 30202 30202 92047 33137 50626 8284 435150 408372 26778 459757 404586 55171 88100 61670 26430 FACULTY, INVITED, GUEST 415110 415110 OTHER SCHOOL EXPENSES 333698 300328 33370 SUMMER FACILITY EXPENSE 168545 168545 AUDITION & PIANO EXPENS 84123 84123 200983 181062 17995 1926 4051743 3312318 704925 34500 1143 481 602906 347561 1918570 470731 138743 197027 20013948 2858684 14180433 17155264 67929032 75183447 1521180 6283631 86292007 99638142 700369 138196 8500 17482 1026086 1064597 1734955 1220275 X 62535791 76075681 22021261 22342186 84557052 98417867 86292007 99638142 7531274 6309541 20000 0 X X 0 1 X 1 0 X 1397845 1967173 3732709 4289653 4745306 16132686 1397845 1967173 3732709 4289653 4745306 16132686 2820404 13312282 1088723 1246186 1417804 1319502 1035019 6107234 22239920 2676139 0.59860 0.50120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 64125340 251241 11728293 2250000 73854874 58585322 1165596 6318924 1944502 64125340 53159832 308624 7086866 1970000 58585322 50053200 260408 4953204 2106980 53159832 46828468 68623 5164659 2008550 50053200 0.72708 0.27292 0 0 239184 239184 4530384 1881291 2649093 15026919 628604 14398315 217461 348789 -131328 17155264 MUTUAL FUNDS: EQUITY SECURITIES 44144900 F MUTUAL FUNDS: FIXED INCOME SECURITIES 31038547 F 75183447 MUSICAL INSTRUMENTS 1158968 BENEFICIAL INTEREST IN TRUST 415169 SECURITY DEPOSITS 10375 DUE FROM POTASH 4699119 6283631 CHARITABLE GIFT ANNUITY 753615 PPP LOAN 310982 1064597 X 17385892 6068131 20000 55622 6143753 11242139 14228 326650 340878 11583017 3725087 14222 14222 3710865 14228 326650 340878 4051743 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS' PRINCIPAL IS TO BE MAINTAINED AS PRESCRIBED BY THE DONOR AND INVESTED. INCOME EARNED ARE INTENDED TO SUPPORT CURRENT OPERATIONS. PART X, LINE 2: MANAGEMENT OF THE ORGANIZATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR UPON EXAMINATION BY TAX AUTHORITIES, INCLUDING CHANGES TO THE ORGANIZATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE ORGANIZATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS SUBJECT TO THE UNRELATED BUSINESS INCOME TAX THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 55,622. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION 326,650. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 55,622. OTHER -41,400. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION 326,650. 0 TUITION 37 326650 TUITION ASSISTANCE COVID ASSISTANCE 97500 PART I, LINE 2: DUE TO THE GLOBAL PANDEMIC COVID-19, THE ORGANIZATION CANCELLED THE SUMMER PROGRAMS AND DID NOT DISTRIBUTE 2020 SCHOLARSHIPS. IN LIEU OF THE HOUSING AND MEALS THE YOUNG PARTICIPATING MUSICIANS WOULD HAVE OTHERWISE RECEIVED, THE ORGANIZATION GRANTED THEM A $2,000 STIPEND, EACH. FORM 990, PART III, LINE 3 DUE TO THE COVID-19 PANDEMIC, WE CANCELLED OUR MUSICIANS FROM MARLBORO TOURING PROGRAM, AND WE INSTITUTED STRINGENT SAFETY MEASURES TO SAFELY CONVENE OUR SUMMER COMMUNITY. FORM 990, PART VI, SECTION B, LINE 11B THE BUSINESS MANAGER COMPARES THE FORM 990 TO THE ENTITY'S UNDERLYING RECORDS AND ITS AUDITED FINANCIALS. ONCE SATISFIED AS TO THE COMPLETENESS AND ACCURACY OF THE FORM 990, SHE PROVIDES THE FORM 990 TO THE AUDIT COMMITTEE CHAIR. THE AUDIT COMMITTEE CHAIR WILL THEN PRESENT A DRAFT OF THE FORM 990 TO THE BOARD FOR REVIEW AND APPROVAL, PRIOR TO FINALIZING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE SECRETARY OF THE BOARD OF DIRECTORS REVIEWS ANNUAL BOARD QUESTIONNAIRES FOR POTENTIAL CONFLICTS. ANY CONFLICTS ARE TAKEN TO THE BOARD FOR DISCUSSION AND THE DIRECTOR WITH THE CONFLICT IS PRECLUDED FROM ANY DIALOGUE REGARDING SAID CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 MANAGEMENT, THE BOARD CHAIRMAN AND THE PERSONNEL COMMITTEE REVIEW AND DETERMINE ANY CHANGES TO COMPENSATION. THE PERSONNEL COMMITTEE USES COMMON MARKET STANDARDS AS REFERENCE. THIS PROCESS WAS LAST UNDERTAKEN IN FALL 2020. FORM 990, PART VI, SECTION C, LINE 19 THE BUSINESS MANAGER MAKES THESE ITEMS AVAILABLE, WITHIN FIVE BUSINESS DAYS OF A WRITTEN REQUEST, AT THE OFFICE LOCATION. FORM 990; PART XII; LINE 2C THIS PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. FRANCESCO VON MENDELSSOHN FUND INC 1528 WALNUT STREET PHILADELPHIA PA 19102 223059283 LOANS TO MUSICIANS VT 501(C)(3) LINE 12A, I N/A 0 POTASH HILL INC 1528 WALNUT STREET PHILADELPHIA PA 19102 872157464 OPERATE AND OVERSEE HOME CAMPUS VT 501(C)(3) LINE 12A, I N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 FRANCESCO VON MENDELSSOHN FUND INC O 120457 EMPLOYEMENT COMPENSATION POTASH HILL INC D 4417185 LOAN AGREEMENT