2022-06-13T15:43:11-05:00 2021-08-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PLACE SUITE 300 MADISON WI 537133074 990 2020-09-01 390915050 WISCONSIN CONSERVATORY OF MUSIC INC WISC 4142765760 1584 N PROSPECT AVE MILWAUKEE WI 532026501 ERIC TILLICH PRESIDENT/CEO 4142765760 2022-06-08 1 ERIC TILLICH 999009999 JENNY TARKOWSKI CPA P00634290 6082744020 2022-06-08 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ERIC TILLICH 1584 N PROSPECT AVE MILWAUKEE WI 532026501 5950497 0 X WWW.WCMUSIC.ORG X 1899 WI INSPIRING INDIVIDUALS AND COMMUNITIES THROUGH EXCEPTIONAL MUSIC EDUCATION, ACCESSIBLE TO ALL. 16 16 107 50 0 0 1491638 2236698 1938149 1984115 108521 320785 0 5343 3538308 4546941 0 0 0 0 2572921 2465189 36850 0 312567 886004 924365 3495775 3389554 42533 1157387 10410362 12916262 218194 312531 10192168 12603731 X INSPIRING INDIVIDUALS AND COMMUNITIES THROUGH EXCEPTIONAL MUSIC EDUCATION, ACCESSIBLE TO ALL. 0 0 2635341 0 1984115 THE WISCONSIN CONSERVATORY OF MUSIC STRIVES TO PROVIDE THE FINEST MUSIC EDUCATION EXPERIENCE FOR BOTH PROFESSIONALS AND BEGINNERS ALIKE. WITH 122 YEARS OF EXPERIENCE, FOUR BRANCH LOCATIONS AND A HIGHLY KNOWLEDGEABLE FACULTY, WE HAVE THE SKILLS TO HELP OUR STUDENTS EXCEL AND REACH THEIR FULL POTENTIAL. THE CONSERVATORY OF MUSIC SEEKS TO PROVIDE A CONTINUUM OF LEARNING FOR OUR STUDENTS. THE PATHWAY BEGINS WITH EARLY CHILDHOOD MUSIC EXPLORATIONS, AND CONTINUES THROUGH DISCOVERIES CLASSES, CLASSES FOR KIDS AND THEN ON TO INDIVIDUAL INSTRUCTION, CHAMBER GROUPS, ENSEMBLES, AND CAMPS.CONSERVATORY CONNECTIONS DELIVERS MUSIC PROGRAMS, CURRICULUM AND CLASSROOM SUPPORT TO MANY PUBLIC, PRIVATE, CHARTER AND CHOICE SCHOOLS IN THE METRO-MILWAUKEE AREA, AS WELL AS COMMUNITY-BASED SERVICE ORGANIZATIONS THROUGHOUT GREATER MILWAUKEE. OUR FACULTY TRAVEL TO CLASSROOMS WITH WORKSHOPS, CLINICS AND FULL ACADEMIC YEAR MUSIC PROGRAMMING. 2635341 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 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 0 0 0 1 27 0 107 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WI X RACHEL FRITZ 4142765760 1584 N PROSPECT AVE MILWAUKEE WI 532026501 JACK MILLER CHAIRMAN 1.00 X X 0 0 0 DAVID HOOVER VICE CHAIRMAN 1.00 X X 0 0 0 WENDELL WILLIS SECOND VICE CHAIR AND SECRETARY 1.00 X X 0 0 0 BENJAMIN PAVLIK TREASURER 1.00 X X 0 0 0 HENRY HERZING IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 MICHAEL ARNOW TRUSTEE 1.00 X 0 0 0 ALAN GIUFFRE TRUSTEE 1.00 X 0 0 0 ARVIND GOPALRATNAM TRUSTEE 1.00 X 0 0 0 MASON KHAN TRUSTEE 1.00 X 0 0 0 TOM LACY TRUSTEE 1.00 X 0 0 0 CHRISTOPHER NOLTE TRUSTEE 1.00 X 0 0 0 ULICE PAYNE JR TRUSTEE 1.00 X 0 0 0 BILLIE JEAN SMITH TRUSTEE 1.00 X 0 0 0 KURT THOMAS TRUSTEE 1.00 X 0 0 0 KIMBERLY WALKER TRUSTEE 1.00 X 0 0 0 TERRENCE WILKINSON TRUSTEE 1.00 X 0 0 0 ERIC TILLICH PRESIDENT/CEO 40.00 X 174909 0 20406 SHALISA KLINE-UGAZ EXECUTIVE VICE PRESIDENT 40.00 X 113169 0 3395 288078 0 23801 2 0 1 0 0 906404 1330294 2236698 TUITION AND FEES 616000 1008718 1008718 CONTRACTS AND PROGRAM FEES 616000 975397 975397 1984115 208150 208150 1516191 1402468 1088 113723 -1088 112635 112635 MISCELLANEOUS REVENUE 900099 5343 5343 5343 4546941 1984115 0 326128 325627 141043 61559 123025 1817781 1643705 84969 89107 36044 30013 2464 3567 132164 110049 9035 13080 153573 127875 10499 15199 75278 75278 36318 36318 58710 46902 6218 5590 81284 80774 510 182119 141943 10008 30168 47188 16145 28052 2991 253637 231273 12279 10085 5835 4822 767 246 162936 137225 20569 5142 DUES AND SUBSCRIPTIONS 13271 2514 2857 7900 BAD DEBT EXPENSE 7789 1832 0 5957 3389554 2635341 441646 312567 54730 135277 18582 186821 303171 715009 45718 85398 39232 28268 6044680 3254743 2868581 2789937 7077508 8299893 671313 2840 4346 10410362 12916262 112189 101383 106005 211148 218194 312531 X 8532407 10572799 1659761 2030932 10192168 12603731 10410362 12916262 1157387 1254176 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1162174 2825 289892 30045 1424846 1034887 12915 114372 1162174 947708 92491 17444 22756 1034887 899449 3500 68580 23821 947708 848952 4272 80809 34584 899449 0.00000 0.76749 0.23251 0 0 232675 232675 3921778 1872621 2049157 1890227 1382122 508105 2789937 CASH AND CASH EQUIVALENTS 671313 F 671313 5767899 1254176 3100 1257276 4510623 36318 36318 4546941 3356336 3100 3100 3353236 36318 36318 3389554 PART V, LINE 4: THE INTENT OF THE CONSERVATORY'S ENDOWMENT FUND IS TO PROVIDE ADDITIONAL REVENUE TO CONSERVATORY PROGRAMS AND STUDENTS WHILE PRESERVING THE PRINCIPAL OR CORPUS OF THE GIFT, CREATING A FUNDING STREAM IN PERPETUITY. MANY INDIVIDUALS AND FAMILIES HAVE ESTABLISHED A NAMED FUND WITHIN THE ENDOWMENT FUND TO HONOR OR MEMORIALIZE LOVED ONES AND DESIGNATED THE PROCEEDS TOWARDS A PARTICULAR AREA OF STUDY OR INSTRUMENT. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 WISCONSIN CONSERVATORY OF MUSIC IS A MEMBER OF THE NATIONAL GUILD FOR COMMUNITY ARTS EDUCATION AND AS PART OF THAT ORGANIZATION IT IS COMMITTED TO SERVING ALL STUDENTS REGARDLESS OF AGE, SEX, GENDER, RACE, RELIGION, NATIONAL AND ETHNIC ORIGIN, SEXUAL ORIENTATION, ABILITY, OR FINANCIAL CIRCUMSTANCES. THE CONSERVATORY IS CURRENTLY FOLLOWING A RACIALLY NONDISCRIMINATORY POLICY; HOWEVER, IT DOES NOT PUBLICIZE ITS POLICY USING NEWSPAPER OR BROADCAST MEDIA. THE CONSERVATORY IS CURRENTLY WORKING TO REMEDY THIS MATTER. SCHEDULE E, PART I, LINE 6 ORGANIZATION RECEIVED $16,740 FROM MILWAUKEE COUNTY, $36,000 FROM MILWAUKEE PUBLIC SCHOOL, AND $357,906 IN FEDERAL GOVERNMENT ASSISTANCE. X 1 0 X 0 0 0 0 0 0 0 0 0 ERIC TILLICH PRESIDENT/CEO 174909 0 0 0 0 0 5247 0 15159 0 195315 0 0 0 PART I, LINE 1A THE CONSERVATORY PAYS ANNUAL DUES TO THE WISCONSIN CLUB UNDER THE CHIEF EXECUTIVE OFFICER'S NAME. THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS BASED ON SIMILAR POSITIONS IN THE GEOGRAPHIC AREA AND INDUSTRY IN WHICH THE ORGANIZATION OPERATES, AND IS DETERMINED AND REVIEWED/APPROVED BY MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD ON AN ANNUAL BASIS. THE COMPENSATION FOR EXECUTIVE VICE PRESIDENT IS BASED ON SIMILAR POSITIONS IN THE GEOGRAPHIC AREA AND INDUSTRY IN WHICH THE ORGANIZATION OPERATES, AND IS DETERMINED AND REVIEWED/APPROVED BY THE CEO ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE CONSERVATORY INCLUDES A FINANCIAL OVERVIEW IN ITS ANNUAL REPORT THAT IS DISTRIBUTED TO DONORS AND IS ALSO AVAILABLE ON THE CONSERVATORY'S WEBSITE. THE CONSERVATORY ALSO MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.