PERLMAN MUSIC PROGRAM INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- PERLMAN MUSIC PROGRAM INC (EIN 11-3247651)
- Tax period
- 2020-10-01 to 2021-09-30
- Filed
- 2022-08-15
- IRS object ID
- 202242279349300739
- Schema version
- 2020v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-15T09:41:38-05:00 | ReturnTs |
| Tax Period End | 2021-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 112318995 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FARKOUH FURMAN & FACCIO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 460 PARK AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 113247651 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PERLMAN MUSIC PROGRAM INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PERL | BusinessNameControlTxt |
| Phone | 2127218769 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19 WEST 69TH ST | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100234737 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK MILLER | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 2127218769 | PhoneNum |
| Signature | 2022-08-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARK | PersonFirstNm |
| Person Last | MILLER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD OREMUS | PreparerPersonNm |
| PTIN | P00730038 | PTIN |
| Phone | 2122455900 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RANDALL BLANK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19 WEST 69TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10023 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,097,243 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PERLMANMUSICPROGRAM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1994 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 36 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,008,467 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,712,587 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $149,135 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $312,095 | CYProgramServiceRevenueAmt |
| PY Investment Income | $127,349 | PYInvestmentIncomeAmt |
| CY Investment Income | $113,378 | CYInvestmentIncomeAmt |
| PY Other Revenue | $200,945 | PYOtherRevenueAmt |
| CY Other Revenue | $281,076 | CYOtherRevenueAmt |
| PY Total Revenue | $2,485,896 | PYTotalRevenueAmt |
| CY Total Revenue | $4,419,136 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $44,750 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $132,400 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,257,168 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,359,417 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $659,209 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $862,679 | PYOtherExpensesAmt |
| CY Other Expenses | $1,197,478 | CYOtherExpensesAmt |
| PY Total Expenses | $2,164,597 | PYTotalExpensesAmt |
| CY Total Expenses | $2,689,295 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $321,299 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,729,841 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $13,321,429 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,190,852 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $394,827 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $310,737 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,926,602 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,880,115 | NetAssetsOrFundBalancesEOYAmt |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,495,538 | ExpenseAmt |
| Grant | $131,800 | GrantAmt |
| Revenue | $301,026 | RevenueAmt |
| Desc | SUMMER STUDY PROGRAMS - INTENSIVE SUMMER RESIDENCY PROGRAM ON SHELTER ISLAND, NEW YORK CONSISTING OF THE SUMMER MUSIC SCHOOL (A SEVEN-WEEK INTENSIVE PROGRAM FOR 32 YOUNG STRING PLAYERS AGES 12 TO 18} AND THE CHAMBER MUSIC WORKSHOP (AN INTENSIVE THREE-WEEK CHAMBER MUSIC WORKSHOP FOR 42 YOUNG ADULTS AGES 18-30. THIS YEAR BOTH PROGRAMS TOOK PLACE VIRTUALLY, DUE TO COVID-19, WITH 26 STUDENTS IN THE 7-WEEK SUMMER MUSIC SCHOOL, AND 41 IN THE 3-WEEK CHAMBER MUSIC WORKSHOP. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $171,290 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $569 | RevenueAmt |
| Desc | YEAR-ROUND CONCERTS AND MENTORSHIP PROGRAM FOR ALUMNI OF THE SUMMER MUSIC SCHOOL AND CHAMBER MUSIC WORKSHOP. PERFORMANCES, COMMUNITY EVENTS AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES, DESIGNED TO GUIDE AND SUPPORT ALUMNI THROUGH THEIR COLLEGE YEARS AND BEYOND. THIS YEAR ALL PROGRAMS AND CONCERTS TOOK PLACE VIRTUALLY, DUE TO COVID-19. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $117,258 | ExpenseAmt |
| Grant | $600 | GrantAmt |
| Revenue | $10,500 | RevenueAmt |
| Desc | THE TRAVEL PROGRAMS CONSIST OF THE BIENNIAL ISRAEL RESIDENCY, MIXING ISRAELI STUDENTS AND STUDENTS OF THE SUMMER MUSIC SCHOOL, AND THE SARASOTA WINTER RESIDENCY, A TWO AND A HALF WEEK SESSION AT THE END OF THE CALENDER YEAR WHICH TAKES PLACE IN SARASOTA, FLORIDA, MIXING STUDENTS OF THE SUMMER MUSIC SCHOOL, THE CHAMBER MUSIC WORKSHOP, AND THE BIENNIAL ISRAEL RESIDENCY. THIS YEAR THE ISRAEL RESIDENCY WAS POSTPONED DUE TO COVID-19, AND TOOK PLACE VIRTUALLY IN COMBINATION WITH THE SARASOTA WINTER RESIDENCY IN DECEMBER 2020. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,784,086 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 30 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 36 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | 0 | Form8899Filedind |
| Form1098 C Filed | 0 | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PERLMAN MUSIC PROGRAM INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2127218769 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19 WEST 69TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10023 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|
| ITZHAK PERLMAN | ||||||
| DIRECTOR | 20.00 | Yes (X) | $0 | $0 | $0 | |
| TOBY PERLMAN | ||||||
| PRESIDENT | 40.00 | Yes (X) | $0 | $0 | $0 | |
| RANDALL BLANK | ||||||
| CHAIRMAN OF THE BOARD OF D | 8.00 | Yes (X) | $0 | $0 | $0 | |
| BARBARA GLADSTONE | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JAY DWECK | ||||||
| VICE PRESIDENT | 2.50 | Yes (X) | $0 | $0 | $0 | |
| LAURA SLOATE | ||||||
| DIRECTOR | 2.50 | Yes (X) | $0 | $0 | $0 | |
| CAITLIN TULLY | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| RODGER DEROSE | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MARK MILLER | ||||||
| SECRETARY/TREASURER | 4.00 | Yes (X) | $0 | $0 | $0 | |
| JIM TOTH | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL BUNYANER | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| VICKI KELLOGG | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| PETER KEND | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| PAMELA PANTZER | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| RANDALL YUEN | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| ANNA KAPLAN | ||||||
| DIRECTOR OF PROGRAMS | 40.00 | $174,868 | $0 | $15,117 | Yes (X) | |
| KATIE NOJIMA | ||||||
| ASSOCIATE DIRECTOR OF DEVE | 40.00 | $144,619 | $0 | $2,800 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $319,487 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $17,917 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $852,092 | FundraisingAmt |
| All Other Contributions | $2,860,495 | AllOtherContributionsAmt |
| Noncash Contributions | $26,527 | NoncashContributionsAmt |
| Total Contributions | $3,712,587 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $312,095 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $312,095 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $312,095 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $69,107 | TotalRevenueColumnAmt |
| Exclusion | $69,107 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $586,465 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $542,194 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $44,271 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $44,271 | TotalRevenueColumnAmt |
| Exclusion | $44,271 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $169,434 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $852,092 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $135,913 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $33,521 | TotalRevenueColumnAmt |
| Exclusion | $33,521 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| PPP LOAN FORGIVENESS | 900099 | $245,700 | $245,700 |
| MISCELLANEOUS INCOME | 900099 | $1,855 | $1,855 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $247,555 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,419,136 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $312,095 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $394,454 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,400 | TotalAmt |
| Program Services | $132,400 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,211,480 | TotalAmt |
| Program Services | $647,467 | ProgramServicesAmt |
| Management And General | $126,821 | ManagementAndGeneralAmt |
| Fundraising | $437,192 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,034 | TotalAmt |
| Program Services | $5,034 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,026 | TotalAmt |
| Program Services | $22,491 | ProgramServicesAmt |
| Management And General | $1,733 | ManagementAndGeneralAmt |
| Fundraising | $16,802 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,877 | TotalAmt |
| Program Services | $55,682 | ProgramServicesAmt |
| Management And General | $11,230 | ManagementAndGeneralAmt |
| Fundraising | $34,965 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,331 | TotalAmt |
| Management And General | $51,331 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,333 | TotalAmt |
| Program Services | $133,436 | ProgramServicesAmt |
| Management And General | $33,089 | ManagementAndGeneralAmt |
| Fundraising | $46,808 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,444 | TotalAmt |
| Program Services | $60,156 | ProgramServicesAmt |
| Management And General | $3,667 | ManagementAndGeneralAmt |
| Fundraising | $43,621 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,700 | TotalAmt |
| Program Services | $19,940 | ProgramServicesAmt |
| Fundraising | $27,760 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,166 | TotalAmt |
| Program Services | $63,156 | ProgramServicesAmt |
| Fundraising | $3,010 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,265 | TotalAmt |
| Program Services | $135,285 | ProgramServicesAmt |
| Fundraising | $1,980 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,871 | TotalAmt |
| Program Services | $94,131 | ProgramServicesAmt |
| Management And General | $16,740 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| CONCERT EXPENSE AND EVE | $162,138 | $138,115 | $24,023 |
| MEALS | $99,385 | $97,810 | $1,575 |
| REPAIRS AND MAINTENANCE | $73,019 | $72,683 | $336 |
| UTILITIES | $59,293 | $58,941 | $352 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,533 | TotalAmt |
| Program Services | $47,359 | ProgramServicesAmt |
| Management And General | $1,389 | ManagementAndGeneralAmt |
| Fundraising | $20,785 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,689,295 | TotalAmt |
| Program Services | $1,784,086 | ProgramServicesAmt |
| Management And General | $246,000 | ManagementAndGeneralAmt |
| Fundraising | $659,209 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $725,868 | BOYAmt |
| EOY | $113,707 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,251,316 | BOYAmt |
| EOY | $1,376,192 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $286,690 | BOYAmt |
| EOY | $755,626 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,841 | BOYAmt |
| EOY | $14,225 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $11,786,898 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,866,609 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,990,437 | BOYAmt |
| EOY | $4,920,289 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $7,097,442 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,566,108 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $420,069 | BOYAmt |
| EOY | $909,883 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,100 | BOYAmt |
| EOY | $3,488 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,321,429 | BOYAmt |
| EOY | $15,190,852 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,127 | BOYAmt |
| EOY | $128,995 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $245,700 | BOYAmt |
| EOY | $181,742 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $394,827 | BOYAmt |
| EOY | $310,737 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,917,116 | BOYAmt |
| EOY | $12,063,406 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,009,486 | BOYAmt |
| EOY | $2,816,709 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,926,602 | BOYAmt |
| EOY | $14,880,115 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,321,429 | BOYAmt |
| EOY | $15,190,852 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,729,841 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $223,672 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,379,935 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,453,235 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,423,803 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,008,467 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,712,587 | CurrentTaxYearAmt |
| Total | $13,978,027 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,379,935 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,453,235 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,423,803 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,008,467 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,712,587 | CurrentTaxYearAmt |
| Total | $13,978,027 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,027,205 | SubstantialContributorsTotAmt |
| Public Support Total170 | $10,950,822 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $52,685 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $107,909 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $142,601 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $97,399 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $69,107 | CurrentTaxYearAmt |
| Total | $469,701 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $14,447,728 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,804,597 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.75800 | PublicSupportCY170Pct |
| Public Support PY170 | 0.79410 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $942,269 | BeginningYearBalanceAmt |
| Contributions | $1,276,632 | ContributionsAmt |
| Investment Earnings Or Losses | $31 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $13,547 | GrantsOrScholarshipsAmt |
| End Year Balance | $2,205,385 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $865,427 | BeginningYearBalanceAmt |
| Contributions | $64,358 | ContributionsAmt |
| Investment Earnings Or Losses | $13,484 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $942,269 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $789,025 | BeginningYearBalanceAmt |
| Contributions | $59,800 | ContributionsAmt |
| Investment Earnings Or Losses | $28,480 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $11,878 | GrantsOrScholarshipsAmt |
| End Year Balance | $865,427 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $743,473 | BeginningYearBalanceAmt |
| Contributions | $56,827 | ContributionsAmt |
| Investment Earnings Or Losses | $9,727 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $19,838 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $1,164 | AdministrativeExpensesAmt |
| End Year Balance | $789,025 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $656,363 | BeginningYearBalanceAmt |
| Contributions | $110,000 | ContributionsAmt |
| Investment Earnings Or Losses | $21,358 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $43,798 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $450 | AdministrativeExpensesAmt |
| End Year Balance | $743,473 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.10912 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.89088 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,228,180 | OtherCostOrOtherBasisAmt |
| Book Value | $1,228,180 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,024,227 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,456,379 | DepreciationAmt |
| Book Value | $3,567,848 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $153,166 | OtherCostOrOtherBasisAmt |
| Depreciation | $103,383 | DepreciationAmt |
| Book Value | $49,783 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $381,325 | OtherCostOrOtherBasisAmt |
| Depreciation | $306,847 | DepreciationAmt |
| Book Value | $74,478 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,920,289 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FISHER FUND AND SCHOLARSHIP FUND, WHICH ARE INVESTED IN MUTUAL FUNDS | Desc |
| Book Value | $909,883 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $909,883 | TotalBookValueProgramRltdAmt |
| Total Rev Etc Audited Fincl Stmt | $5,297,408 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $223,672 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $787,000 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $1,010,672 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,286,736 | RevenueSubtotalAmt |
| Other Revenues Not Included | $132,400 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $132,400 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,419,136 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,343,895 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $787,000 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $787,000 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,556,895 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $132,400 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $132,400 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,689,295 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | PMP HAS SEGREGATED THE FISHER SCHOLARSHIP FUND AND THE PMP SCHOLARSHIP FUND INTO SEPARATE BROKERAGE ACCOUNTS CONSISTING OF CASH AND INVESTMENTS TO EASILY TRACK PERFORMANCE AND BALANCE. CONTRIBUTIONS TO THE FISHER SCHOLARSHIP FUND ARE SUBJECT TO DONOR RESTRICTIONS THAT STIPULATE THE ORIGINAL PRINCIPAL OF THE GIFT IS TO BE HELD AND INVESTED BY PMP INDEFINITELY AND INCOME FROM THE FUND IS TO BE EXPENDED TO SUPPORT THE SCHOLARSHIP RECIPIENTS. CONTRIBUTIONS TO THE PMP SCHOLARSHIP FUND ARE SUBJECT TO TEMPORARY DONOR RESTRICTIONS AND WILL BE USED TO SUPPORT SCHOLARSHIP RECIPIENTS. PMP'S INVESTMENT GUIDELINES ARE THAT INVESTMENTS WILL BE DIVERSIFIED, BOTH WITHIN ASSET CLASSES AND BY INVESTING IN ASSET CLASSES OUTSIDE OF EQUITIES, TO REDUCE RISK AND ENHANCE RETURN OVER A WIDE RANGE OF ECONOMIC ENVIRONMENTS. THE INVESTMENTS ARE EXPECTED TO EXPERIENCE CHANGES IN VALUATION BUT TO ATTAIN AN AVERAGE ANNUAL TOTAL RETURN THAT EXCEEDS INFLATION WITHIN ACCEPTABLE LEVELS OF RISK. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS NETTED AGAINST REVENUE FOR FINANCIAL REPORTING |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS NETTED AGAINST REVENUE FOR FINANCIAL REPORTING |
| PART XII, LINE 4B - OTHER ADJUSTMENTS | SCHOLARSHIPS GRANTED BY THE ORGANIZATION TO PARTICIPANTS OF THE SUMMER STUDY PROGRAMS AND TRAVEL PROGRAMS ARE NET AGAINST TUITION REVENUE ON THE AUDITED FINANCIAL STATEMENTS. THIS FORM REPRESENTS TUITION REVENUE GROSS AND THE SCHOLARSHIP AS EXPENSE. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SUMMER BENEFIT | Event1Nm |
| Gross Receipts Event1 | $466,926 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $417,822 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $49,104 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $102,645 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $33,268 | OtherDirectExpensesEvent1Amt |
| Event2 | VIRTUAL WINE AUCTION | Event2Nm |
| Gross Receipts Event2 | $554,600 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $434,270 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $120,330 | GrossRevenueEvent2Amt |
| Gross Receipts Total | $1,021,526 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $852,092 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $169,434 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $102,645 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $33,268 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $135,913 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $33,521 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FULL OR PARTIAL SCHOLARSHIPS TO ATTEND THE ORGANIZATION'S SUMMER STUDY PROGRAMS OR TRAVEL PROGRAM. | GrantTypeTxt |
| Recipient | 51 | RecipientCnt |
| Cash Grant | $132,400 | CashGrantAmt |
| Valuation Method Used | TUITION COST | ValuationMethodUsedDesc |
| Non Cash Assistance | STUDENTS IN NEED ARE AWARDED ASSISTANCE THROUGH PARTIAL OR FULLY DISCOUNTED TUITION TO THE ORGANIZATION'S SUMMER STUDY PROGRAMS OR TRAVEL PROGRAM. | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART IV | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS ARE AWARDED TO YOUNG MUSICIANS WHO EXEMPLIFY TALENT AND DESIRE TO LEARN THEIR CRAFT FROM MASTERS SO THAT THEIR SKILLS MAY BE ENHANCED IN A NON-COMPETITIVE SETTING, THROUGH CLASSES, WORKSHOPS AND LECTURES. SCHOLARSHIPS ARE NEVER AWARDED IN CASH AND ARE INSTEAD APPLIED TO A RECIPIENT'S TUITION TO THE PROGRAM. SCHOLARSHIPS ARE NON-DISCRIMINATORY AND NEVER EXCEED AN INDIVIDUAL'S PROGRAM TUITION. ANY PROGRAM PARTICIPANT MAY APPLY FOR A SCHOLARSHIP USING AN APPLICATION FORM REQUIRING DISCLOSURE OF FINANCIAL INFORMATION. THE PROGRAM'S PRESIDENT, ALONG WITH EXECUTIVE DIRECTOR, DETERMINE SCHOLARSHIP RECIPIENTS BASED ON THE APPLICANT'S AVAILABLE ECONOMIC RESOURCES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANNA KAPLAN | PersonNm |
| Title | DIRECTOR OF PROGRAMS | TitleTxt |
| Base Compensation Filing Org | $174,868 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $15,117 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $189,985 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $26,527 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG/HI/LO | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 30B: | FormAndLineReferenceDesc |
| Explanation | SCHEDULE M, PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1 | YOUNG MUSICIANS OF TALENT NEED SUPPORT. LEFT ALONE WITH THEIR GIFT, WITHOUT THE INSTRUCTION AND MENTORING THAT ALLOWS THEM TO THRIVE, EVEN THE MOST EXCEPTIONAL YOUNG ARTISTS WILL STRUGGLE, AND MANY MAY FAIL TO ACHIEVE THEIR FULL MUSICAL POTENTIAL. WITHOUT THIS NEXT GENERATION OF WORLD-CLASS MUSICIANS, THE MUSICAL WORLD AND ITS AUDIENCES WILL BE THE POORER. THE PERLMAN MUSIC PROGRAM WELCOMES YOUNG MUSICIANS OF RARE AND SPECIAL TALENT INTO A RICHLY SUPPORTIVE MUSICAL COMMUNITY. THROUGH INTENSIVE SUMMER PROGRAMS, YEAR-ROUND MENTORING, AND ON OCCASION, AN INTERNATIONAL STUDY OR PERFORMANCE TOUR, THE PROGRAM OFFERS UNPARALLELED MUSICAL TRAINING FOR STUDENTS, AGES 12 TO 30, WHO PLAY THE VIOLIN, VIOLA, CELLO, BASS AND PIANO. WITH A FACULTY LED BY ITZHAK PERLMAN AND COMPRISING SOME OF THE MOST GIFTED MUSICAL TALENTS OF OUR TIME, THE PROGRAM OFFERS AN ARTISTIC AND PERSONAL EXPERIENCE THAT CHANGES STUDENTS LIVES FOREVER. THE PERLMAN MUSIC PROGRAM SEEKS TO ENSURE THAT THE BEST MUSICIANS CAN TAKE ADVANTAGE OF THIS OPPORTUNITY, REGARDLESS OF THEIR ECONOMIC BACKGROUND OR FINANCIAL MEANS. |
| FORM 990, PART III, LINE 1 | YOUNG MUSICIANS OF TALENT NEED SUPPORT. LEFT ALONE WITH THEIR GIFT, WITHOUT THE INSTRUCTION AND MENTORING THAT ALLOWS THEM TO THRIVE, EVEN THE MOST EXCEPTIONAL YOUNG ARTISTS WILL STRUGGLE, AND MANY MAY FAIL TO ACHIEVE THEIR FULL MUSICAL POTENTIAL. WITHOUT THIS NEXT GENERATION OF WORLD-CLASS MUSICIANS, THE MUSICAL WORLD AND ITS AUDIENCES WILL BE THE POORER. THE PERLMAN MUSIC PROGRAM WELCOMES YOUNG MUSICIANS OF RARE AND SPECIAL TALENT INTO A RICHLY SUPPORTIVE MUSICAL COMMUNITY. THROUGH INTENSIVE SUMMER PROGRAMS, YEAR-ROUND MENTORING, AND ON OCCASION, AN INTERNATIONAL STUDY OR PERFORMANCE TOUR, THE PROGRAM OFFERS UNPARALLELED MUSICAL TRAINING FOR STUDENTS, AGES 12 TO 30, WHO PLAY THE VIOLIN, VIOLA, CELLO, BASS AND PIANO. WITH A FACULTY LED BY ITZHAK PERLMAN AND COMPRISING SOME OF THE MOST GIFTED MUSICAL TALENTS OF OUR TIME, THE PROGRAM OFFERS AN ARTISTIC AND PERSONAL EXPERIENCE THAT CHANGES STUDENTS LIVES FOREVER. THE PERLMAN MUSIC PROGRAM SEEKS TO ENSURE THAT THE BEST MUSICIANS CAN TAKE ADVANTAGE OF THIS OPPORTUNITY, REGARDLESS OF THEIR ECONOMIC BACKGROUND OR FINANCIAL MEANS. |
| FORM 990, PART VI, SECTION A, LINE 2 | BOARD MEMBERS ITZHAK AND TOBY PERLMAN ARE HUSBAND AND WIFE. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE BYLAWS AND CORPORATE GOVERNANCE POLICIES WERE AMENDED IN DECEMBER 2018, INCLUDING THE EXECUTIVE COMMITTEE CHARTER, THE WHISTLEBLOWER POLICY, THE CONFLICT OF INTEREST AND RELATED PARTY TRANSACTION POLICY, THE AUDIT COMMITTEE CHARTER, THE FINANCE AND INVESTMENT COMMITTEE CHARTER, THE NOMINATING AND GOVERNANCE COMMITTEE CHARTER, AND THE CODE OF CONDUCT AND ETHICS. |
| FORM 990, PART VI, SECTION B, LINE 11B | AFTER REVIEW BY THE TREASURER AND PRIOR TO FILING, A DRAFT 990 IS E-MAILED TO THE MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY THE AUDIT COMMITTEE WILL REVIEW CONFLICT OF INTEREST FILES. |
| FORM 990, PART VI, SECTION B, LINE 15A | ALL FULL TIME EMPLOYEES COMPLETE SELF EVALUATION FORMS AFTER THE CLOSE OF THE FISCAL YEAR WHICH ARE THEN DISCUSSED WITH THEIR SUPERVISORS. IN THE CASE OF THE EXECUTIVE DIRECTOR, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS HER EVALUATION AND, IN CONSULTATION WITH AN EXECUTIVE RECRUITMENT FIRM SPECIALIZING IN SENIOR MANAGEMENT IN NONPROFIT CORPORATIONS, DETERMINES AN APPROPRIATE SALARY AND BONUS ALONG WITH ESTABLISHING GOALS FOR THE NEXT YEAR. A KEY COMPONENT OF THIS DETERMINATION IS A REVIEW OF PUBLIC INFORMATION AVAILABLE FOR SIMILAR NONPROFITS IN THE ARTS, PERFORMANCE AND MUSICAL EDUCATION. FOR PURPOSES OF COMPARIBILTY THE COMMITTEE LOOKS AT ORGANIZATIONS OF SIMILAR SIZE AS MEASURED BY FUNCTIONAL EXPENSES AND NET ASSETS AND GEOGRAPHIC LOCATION. THIS PROCESS IS SUMMARIZED IN EXECUTIVE COMMITTEE NOTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON REQUEST |
| FORM 990, PART XII, LINE 2C: | THE AUDIT COMMITTEE'S OVERSIGHT OF THE AUDIT PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
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