2021-03-30T11:37:11-05:00 2020-06-30 450250958 EIDE BAILLY LLP 3130 CROW CANYON PL STE 300 SAN RAMON CA 945831386 990 2019-07-01 953900207 PASADENA CONSERVATORY OF MUSIC PASA 6266833355 100 N HILL AVE PASADENA CA 91106 STEPHEN MCCURRY EXECUTIVE DIRECTOR 6266833355 2021-03-23 1 THERESA MONTGOMERY CPA P00232100 9254804000 2021-03-23 2019 2022-09-23 18:48:47Z STEPHEN MCCURRY 100 N HILL AVE PASADENA CA 91106 3251743 0 X WWW.PASADENACONSERVATORY.ORG X 1984 CA TO PROVIDE OPPORTUNITIES FOR ALL STUDENTS TO STUDY, PERFORM AND ENJOY MUSIC. 15 15 96 43 0 0 1208450 1136468 2096009 2041392 2499 4298 0 0 3306958 3182158 0 0 0 0 2175519 2255955 21000 18000 200968 1006375 886730 3202894 3160685 104064 21473 10403925 10545498 346751 477656 10057174 10067842 X IT IS THE MISSION OF THE PASADENA CONSERVATORY OF MUSIC TO EDUCATE, ADVOCATE, INSPIRE AND SHARE; TO EDUCATE THROUGH A COMPREHENSIVE MUSIC CURRICULUM TAUGHT BY AN EXCEPTIONAL FACULTY; TO ADVOCATE FOR THE VALUE OF MUSIC STUDY; TO INSPIRE THROUGH OUR PERFORMANCES OF THE OLD, NEW, TRADITIONAL AND AVANT-GARDE; AND, TO SHARE OUR EXPERTISE INSOFAR AS POSSIBLE WITHOUT REGARD TO SOCIO-ECONOMIC BACKGROUND. 0 0 2449225 2041392 OUTREACH PROGRAMS ARE PROVIDED TO OVER 3,000 STUDENTS THROUGHOUT THE SAN GABRIEL VALLEY. ON SITE INSTRUCTION PROGRAMS ARE PROVIDED TO OVER 1,200 STUDENTS THROUGH A COMPREHENSIVE MUSIC CURRICULUM. ABOUT 150 PERFORMANCES ARE PRESENTED EACH YEAR TO AUDIENCES OF APPROXIMATELY 11,000. 2449225 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 34 0 1 96 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X PASADENA CONSERVATORY OF MUSIC 6266833355 100 N HILL AVE PASADENA CA 91106 STEPHEN MCCURRY EXECUTIVE DIRECTOR 40.00 X 142333 0 15910 V SHANNON CLYNE BOARD CHAIR 1.00 X X 0 0 0 JUDITH KELLY SECRETARY 1.00 X X 0 0 0 ANDREW ROOKE TREASURER 1.00 X X 0 0 0 ALISON LIFLAND DIRECTOR 1.00 X 0 0 0 BRIAN P BROOKS DIRECTOR 1.00 X 0 0 0 DAVE DAVIS DIRECTOR 1.00 X 0 0 0 ERIC LEE DIRECTOR 1.00 X 0 0 0 HENRY O EVERSOLE DIRECTOR 1.00 X 0 0 0 JANE KACZMAREK DIRECTOR 1.00 X 0 0 0 JAVIER ORTEGA DIRECTOR 1.00 X 0 0 0 JUNE LI DIRECTOR 1.00 X 0 0 0 LAURIE SOWD DIRECTOR 1.00 X 0 0 0 OLIN BARRETT DIRECTOR 1.00 X 0 0 0 ROGER MULLENDORE DIRECTOR 1.00 X 0 0 0 THOMAS LEDDY UNTIL DEC 2019 DIRECTOR 1.00 X 0 0 0 THOMAS KIDDE DIRECTOR 1.00 X 0 0 0 142333 0 15910 1 0 1 0 0 89600 1046868 89157 1136468 TUITION INCOME 611600 1989914 1989914 SALES AND RENTALS 611600 51478 51478 2041392 3733 3733 70150 69585 565 565 565 3182158 2041392 0 4298 141546 56618 63696 21232 1857822 1469400 292502 95920 93308 55697 28305 9306 163279 127410 26992 8877 15850 15850 18000 18000 187365 177370 7949 2046 56098 15609 40376 113 31122 14596 13392 3134 62024 60071 1518 435 11014 4462 5076 1476 272541 263958 6671 1912 26344 22561 3620 163 FACILITIES MAINTENANCE 58500 56497 1595 408 RECITALS AND CONCERTS 45041 29192 1281 14568 MUSIC MOBILE PROGRAM 31325 31325 PROGRAM EQUIPMENT AND S 29746 29746 59760 34713 1669 23378 3160685 2449225 510492 200968 293328 815036 340263 171975 233430 83470 91319 133231 14244 16712 11605864 2417393 9352094 9188471 64247 65359 15000 71244 10403925 10545498 161731 131304 167845 197477 118300 17175 30575 346751 477656 X 9797802 9765770 259372 302072 10057174 10067842 10403925 10545498 X 21473 -10805 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 64342 1500 1111 66953 63117 500 725 64342 57447 5150 520 63117 54807 2150 490 57447 141381 3000 426 90000 54807 0.95000 0.05000 0 0 2258400 2258400 1791334 617202 1174132 6596524 1081926 5514598 702988 532861 170127 256618 185404 71214 9188471 DEFERRED COMPENSATION 30575 30575 X 3182208 50 50 3182158 0 3182158 3171540 50 10805 10855 3160685 0 3160685 PART V, LINE 4: THE CONSERVATORY HAS ONE ENDOWMENT FUND (THE ESTELLE BROUSSARD SCHLUETER SCHOLARSHIP) RESTRICTED TO SUBSIDIZING A SCHOLARSHIP FOR ONE OUTSTANDING PIANO STUDENT EACH YEAR. PART X, LINE 2: MANAGEMENT BELIEVES THAT THE CONSERVATORY HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE CONSERVATORY WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON UNCOLLECTIBLE PLEDGES AND TUITION 10,805. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 WEB-BASED AND OTHER ADVERTISEMENTS CONTAIN REFERENCE TO THE PASADENA CONSERVATORY OF MUSIC NON-DISCRIMINATORY POLICY. OUTREACH PROGRAMS ARE PRESENTED AT LOCAL PUBLIC SCHOOLS, AND STUDENTS ARE RECRUITED FROM THE LOCAL COMMUNITY. ENROLLMENT RECORDS INDICATE THAT STUDENTS OF DIVERSE RACIAL AND ETHNIC BACKGROUNDS ARE REPRESENTED IN MEANINGFUL NUMBERS. X X X X X 1 KERREDYN COLLABORATIVE INC 2436 E 4TH STREET 724 LONG BEACH CA 90814 GRANTWRITING 0 216612 18000 198612 216612 18000 198612 CA 1 X X X X 0 1 0 0 0 0 0 0 0 STEPHEN MCCURRY EXECUTIVE DIRECTOR 142333 0 0 0 0 0 15575 0 335 0 158243 0 0 0 PART I, LINE 4B STEPHEN MCCURRY, $15,575 APPLIED TO A NONQUALIFIED DEFERRED COMPENSATION PLAN AS PART OF AN OVERALL EXECUTIVE DIRECTOR COMPENSATION PACKAGE. X 8022 PURCHASE RECEIPTS X 9 67985 MARKET VALUE X MUSICAL EQUIPMENT 6 13150 COMPARABLE SALES AND 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF CONTRIBUTORS MAKING CONTRIBUTIONS OF EACH TYPE. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF DIRECTORS DELEGATES THE POWER OF AUTHORITY TO THE EXECUTIVE COMMITTEE IN ACCORDANCE WITH THE BYLAWS. THE EXECUTIVE COMMITTEE THEN HAS THE AUTHORITY TO CARRY OUT GOVERNANCE AS OUTLINED IN THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM AND A DRAFT IS PROVIDED TO THE EXECUTIVE DIRECTOR, ACCOUNTING MANAGER, TREASURER, AND ALL FINANCE COMMITTEE BOARD MEMBERS, INCLUDING THE BOARD CHAIR, TO REVIEW AND MAKE RECOMMENDATIONS. A FINAL DRAFT OF THE RETURN IS PROVIDED TO ALL BOARD MEMBERS. THE FILING IS APPROVED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C IF ANY DIRECTOR WHO QUALIFIES AS AN INTERESTED DIRECTOR AS DESCRIBED IN SECTION 5.3 OF THE CONSERVATORY'S BYLAWS IS ASSUMED TO HAVE A CONFLICT OF INTEREST HE/SHE MUST INFORM THE BOARD CHAIR OR EXECUTIVE DIRECTOR. A REMINDER OF THIS ANNUAL OBLIGATION TO DISCLOSE WILL BE MADE BY THE BOARD CHAIR AT THE FIRST BOARD MEETING OF EACH FISCAL YEAR FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION COMMITTEE COMPRISED OF BOARD MEMBERS IS RESPONSIBLE FOR RECOMMENDING EXECUTIVE DIRECTOR COMPENSATION FOR APPROVAL BY THE BOARD OF DIRECTORS. BENCHMARK DATA FROM THE FIELD (COMMUNITY ARTS EDUCATION) AND FROM THE LOCAL NON-PROFIT SECTOR IS PERIODICALLY REVIEWED AND CONSIDERED IN DETERMINING EXECUTIVE DIRECTOR COMPENSATION. LAST REVIEWED NOVEMBER 2017. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE PLEDGES AND TUITION -10,805.