2021-08-13T15:02:06-05:00 2020-09-30 410746749 CLIFTONLARSONALLEN LLP 2200 RIVERSIDE DRIVE GREEN BAY WI 54301 990 2019-10-01 391691920 PENINSULA MUSIC FESTIVAL INC PENI 9208544060 PO BOX 340 EPHRAIM WI 54211 CHRISTOPH PTACK EXECUTIVE DIRECTOR 9208544060 2021-08-12 1 WENDY MALLO P01250277 9204367800 2021-08-12 2019 2022-09-23 18:48:47Z DAVID KEEN PO BOX 340 EPHRAIM WI 54211 504175 0 X WWW.MUSICFESTIVAL.COM X 1953 WI THE PENINSULA MUSIC FESTIVAL, INC. IS COMMITTED TO PRODUCING WORLD-CLASS PERFORMANCES REALIZED THROUGH THE PRESENTATION OF THE RECITAL SERIES, A CHAMBER MUSIC SERIES, AND THE SYMPHONY SERIES IN ADDITION TO THE PROMOTION OF MUSIC APPRECIATION, AND EDUCATION THROUGHOUT DOOR COUNTY, WISCONSIN. 11 11 8 70 0 0 586878 486174 181502 17139 197 0 799 862 769376 504175 2200 0 0 0 142640 140427 0 0 53851 694711 201691 839551 342118 -70175 162057 86385 261804 116696 130058 -30311 131746 X THE PENINSULA MUSIC FESTIVAL, INC. IS COMMITTED TO PRODUCING WORLD-CLASS PERFORMANCES REALIZED THROUGH THE PRESENTATION OF THE RECITAL SERIES, A CHAMBER MUSIC SERIES, AND THE SYMPHONY SERIES IN ADDITION TO THE PROMOTION OF MUSIC APPRECIATION, AND EDUCATION THROUGHOUT DOOR COUNTY, WISCONSIN. 0 0 222573 17139 THE PENINSULA MUSIC FESTIVAL, INC. (PMF) FINANCES AND PRODUCES WORLD-CLASS PERFORMANCES REALIZED THROUGH THE PRESENTATION OF THE RECITAL SERIES, A CHAMBER MUSIC SERIES, AND THE SYMPHONY SERIES IN DOOR COUNTY, WI. PMF PRESENTS BROAD REPERTOIRE, PROMOTES YOUNG ARTISTS, AND THE APPRECIATION OF GREAT MUSIC. PMF WAS FOUNDED IN 1953 BY LORENZ HEISE, KAY WILSON, AND THOR JOHNSON WHO WAS INSPIRED BY THE EARLY MORAVIAN MUSIC FESTIVAL. CURRENTLY IN ITS 69TH SEASON, THE 80-MEMBER FESTIVAL ORCHESTRA IS COMPRISED OF PROFESSIONAL MUSICIANS WHO REPRESENT LEADING SYMPHONIC AND OPERATIC INSTITUTIONS AROUND THE WORLD, INCLUDING THOSE OF MONTREAL, TORONTO, BOSTON, HOUSTON, ST. LOUIS, MILWAUKEE, OMAHA, PITTSBURGH, HOUSTON GRAND OPERA, THE DALLAS OPERA AND LYRIC OPERA OF CHICAGO. THE FESTIVAL PRESENTS A NINE-CONCERT SYMPHONY SERIES EVERY AUGUST, WITH YEAR-ROUND PROGRAMMING THAT INCLUDES RECITAL SERIES CONCERTS, CHAMBER MUISC PERFORMANCES, AND SPECIAL CONCERT EVENTS THAT FEATURE MEMBERS OF THE FESTIVAL ORCHESTRA AND OTHER RENOWNED ARTISTS. EACH SYMPHONY SERIES CONCERT FEATURES A GUEST ARTIST OF NATIONAL OR INTERNATIONAL STATURE, AND THE FESTIVAL ORCHESTRA IS THE ONLY PROFESSIONAL ORCHESTRA IN NORTHEAST WISCONSIN. OVER 6,000 PATRONS ATTEND THE NINE-CONCERT SYMPHONY SERIES EVERY SUMMER. IN THE LAST 26 YEARS, THE OPERATING BUDGET HAS GROWN SUBSTANTIALLY, AND THE ENDOWMENT HAS GROWN FROM $450,000 TO $6.5 MILLION OVER THE LAST 20 YEARS. THE CONSERVATIVE STRATEGY SET BY THE TRUSTEES FOCUSES LONG-TERM STABILITY RATHER THAN QUICK GROWTH WHICH AS A STRATEGY, HAS BEEN VERY SUCCESSFUL. PMF PRIDES ITSELF ON THE HIGH ARTISTIC QUALITY OF THE ORCHESTRA, AND CONTINUING TO OPERATE WITH LOW ADMINISTRATIVE OVERHEAD. THE ENDOWMENT HAS CONTINUED TO GROW THROUGH STRONG, STABLE INVESTMENTS AND ADDITIONAL CONTRIBUTIONS. PMF AWARDS COLLEGE SCHOLARSHIPS EACH YEAR AND NUMEROUS SUMMER MUSIC STUDY GRANTS TO ENCOURAGE MUSIC STUDENTS TO ATTEND SUMMER CAMPS AND STUDY PRIVATELY. PMF CONTINUES TO PARTNER WITH THE SEVASTOPOL MUSIC BOOSTERS CLUB TO PROVIDE CONCESSIONS DURING SYMPHONY SERIES CONCERTS. THIS WAS THE NINTH YEAR OF THE FESTIVAL'S $10 STUDENT/CHILDREN TICKET PROGRAM WHICH WAS MOST RECENTLY SUPPORTED BY NICOLET NATIONAL BANK. PMF'S YEAR-ROUND PROGRAMMING HELPS TO ELEVATE THE FESTIVAL'S BRAND, INCREASE VISIBILITY, AND REMAIN RELEVANT TO THOSE ON THE PENINSULA AND BEYOND. THE EMERGING CONDUCTOR PROGRAM PROVIDES WELL-ROUNDED TRAINING AND EXPOSURE TO ASPIRING CONDUCTORS WITH A PROFESSIONAL SYMPHONY ORCHESTRA, AND CONTINUES AS PART OF THE FESTIVAL'S EDUCATIONAL OUTREACH ACTIVITIES.PMF CONTINUES TO COLLABORATE WITH THE ROAD SCHOLAR PROGRAM (FORMALLY ELDER HOSTEL) TO PRESENT TWO ONE-WEEK SESSIONS ON THE HISTORY AND WORKINGS OF PMF 'THROUGH THE YEARS'. APPROXIMATELY 30 TRAVELERS PARTICIPATE IN EACH SESSION. UNFORTUNATELY, THE AUGUST 2020 AND 2021 SESSIONS HAD TO BE CANCELED DUE TO THE PANDEMIC, BUT WE LOOK FORWARD TO PICKING UP RIGHT WHERE WE LEFT OFF IN AUGUST 2022. THE PMF SUSTAINING COMMITTEE (PMF'S VOLUNTEER SOCIETY) CONTINUES TO SERVE AS THE BACKBONE OF THE ORGANIZATION. 55 VOLUNTEERS PROVIDE THOUSANDS OF HOURS OF SERVICE TO THE ORGANIZATION BY PICKING UP GUEST ARTISTS FROM THE AIRPORT, CHAUFFERING TO/FROM ENGAGEMENT RELATED ACTIVITIES/REHEARSALS AND PERFORMANCES, PROVIDING FOOD FOR MUSICIANS, AND WORKING AS USHERS AND PARKING ATTENDANTS FOR THE CONCERTS. FOR EVALUATION PURPOSES, THE PMF CURRENTLY USES A THREE-PHASE EVALUATION SYSTEM SET FORTH BY THE LEAGUE OF AMERICAN ORCHESTRAS. THE COMPONENTS INCLUDE: ADMINISTRATIVE - ORGANIZATIONAL STRUCTURE, BOARD, STAFF AND VOLUNTEERS AS WELL AS MARKETING AND DEVELOPMENT; FINANCIAL - PLANNING AND REPORTING; AND ARTISTIC - REPERTOIRE, OPERATIONS AND PROFESSIONAL DEVELOPMENT. PMF CONTINURES TO ACHIEVE ITS GOALS, AND FULFILL ITS MISSION THANKS TO A STRONG BOARD OF DIRECTORS, A WELL-TRAINED ADMINISTRATIVE STAFF, AND A GREAT CORE OF VOLUNTEERS. THIS TRIO HAS PROVIDED THE FINANCIAL RESOURCES FOR THE PMF TO GROW WHERE IT COUNTS - IN THE QUALITY OF ITS ARTISTIC PRODUCT AND ITS OUTREACH TO THE PEOPLE IN THE COMMUNITY THAT IT SERVES. 222573 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 82 0 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X X CHRISTOPH PTACK 9208544060 PO BOX 340 EPHRAIM WI 54211 CHRISTOPH PTACK EXECUTIVE DIRECTOR 40.00 X 75385 0 2262 DAVID KEEN PRESIDENT 5.00 X X 0 0 0 WILLIAM MILLER VICE PRESIDENT 3.00 X X 0 0 0 BARB RISTAU TREASURER 4.00 X X 0 0 0 JACK ZILAVY SECRETARY 3.00 X X 0 0 0 CAROL BERGNER PMFSC LIAISON 1.00 X 0 0 0 GAIL FISCHER DIRECTOR 1.00 X 0 0 0 MYRON MARLETT DIRECTOR 1.00 X 0 0 0 GABRIELE PFEIFFER DIRECTOR 1.00 X 0 0 0 CYNTHIA SARGENT DIRECTOR 1.00 X 0 0 0 MADELEINE SARGENT DIRECTOR 1.00 X 0 0 0 TONY VALLERA DIRECTOR 1.00 X 0 0 0 ASHTON WALLER DIRECTOR 1.00 X 0 0 0 WILLIAM WIGGINS FESTIVAL ORCHESTRA LIAISON 1.00 X 0 0 0 75385 0 2262 0 0 0 0 0 230472 255702 1190 486174 CONCERT REVENUE 711300 17139 17139 17139 MISCELLANEOUS REVENUE 900099 862 862 862 504175 17139 0 862 X 83400 57511 7767 18122 55677 13050 12788 29839 1350 236 334 780 560 560 36027 36027 92942 92285 657 13727 13727 10952 6631 3302 1019 21367 16520 3547 1300 148 74 22 52 1010 707 202 101 EQUIPMENT RENT 11547 8981 174 2392 OTHER CONCERTS AND PROG 6722 6722 DUES AND LICENSES 1570 1099 314 157 5119 5030 89 342118 222573 65694 53851 X 5720 174873 5010 5011 207 628 242 4057 8969 132909 60407 70970 72502 86385 261804 116444 57301 252 43757 29000 116696 130058 X -32531 130001 2220 1745 -30311 131746 86385 261804 162057 0 X 0 1 X 1 0 X 556076 615714 606689 586878 486174 2851531 556076 615714 606689 586878 486174 2851531 185740 2665791 387 445 313 197 1342 17832 17832 401 291 104 799 862 2457 2873162 760693 0.92780 0.93790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2015 AMOUNT: $ 401. 2016 AMOUNT: $ 291. 2017 AMOUNT: $ 104. 2018 AMOUNT: $ 799. 2019 AMOUNT: $ 862. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4745073 12455 525516 230472 5052572 4779236 42269 196568 273000 4745073 4623579 11059 414098 269500 4779236 4391427 19928 496575 284351 4623579 4272001 125605 228610 234789 4391427 0.03980 0.68240 0.27780 0 1 1 132909 60407 72502 72502 PART V, LINE 4: THE ENDOWMENT FUND IS ADMINISTERED BY THE THOR JOHNSON ENDOWMENT TRUST (A RELATED ORGANIZATION) FOR THE PENINSULA MUSIC FESTIVAL, INC. THE ENDOWMENT FUND WAS ESTABLISHED TO SUPPORT THE MISSION OF THE PENINSULA MUSIC FESTIVAL, INC. DISTRIBUTIONS FROM THESE FUNDS ARE ORDINARILY MADE ANNUALLY TO THE ORGANIZATIONS PER APPROVED APPROPRIATION BY THE BOARD OF DIRECTORS. IT IS THE REQUIREMENT OF THE TRUST THAT THE ORGANIZATIONS RETAIN 5% OF THE RETURNS TO ALLOW ITS ENDOWMENT FUND TO GROW AT AN AVERAGE OF 8% ANNUALLY. THIS IS CONSISTENT WITH THE ORGANIZATIONS' OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH INVESTMENT RETURN. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS CYNTHIA SARGENT AND MADELEINE SARGENT HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS E-MAILED TO ALL BOARD MEMBERS, ALONG WITH A TREASURER'S REPORT EXPLAINING WHAT TO REVIEW AND HOW TO INTERPRET THE INFORMATION. THE EXECUTIVE COMMITTEE REVIEWS FORM 990 IN DETAIL AT THE FIRST MEETING HELD AFTER THE 990 IS COMPLETED. THE REPRESENTATIVE OF THE AUDITORS JOINS THE APRIL BOARD MEETING BY PHONE TO ANSWER QUESTIONS AND REVIEW THE AUDIT WITH THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS GIVEN TO ALL NEW BOARD MEMBERS AND THE POLICIES ARE REVIEWED WITH THEM. THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY AS PART OF THEIR ANNUAL BOARD ASSESSMENT. BOARD MEMBERS RECUSE THEMSELVES FROM VOTES IF A CONFLICT OF INTEREST IS PRESENT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE MEETS PRIOR TO THE END OF THE FISCAL YEAR TO DISCUSS THE EXECUTIVE DIRECTOR'S PERFORMANCE FOR THE YEAR. THE COMMITTEE DISCUSSES THE EXECUTIVE DIRECTOR'S STRENGTHS AND WEAKNESSES, AND RECOMMENDS A SALARY FOR THE FOLLOWING YEAR. AFTER THE DISCUSSION, THE BOARD PRESIDENT PREPARES A WRITTEN EVALUATION AND SUBMITS IT, ALONG WITH A CONTRACT, TO THE EXECUTIVE DIRECTOR FOR DISCUSSION AND APPROVAL. FOR OTHER EMPLOYEES, THE EXECUTIVE DIRECTOR PERFORMS AN ANNUAL REVIEW, AND THEIR ANNUAL COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AS THEY SET THE ANNUAL BUDGET FOR THE UPCOMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ALL DOCUMENTS ARE AVAILABLE AT THE FESTIVAL OFFICE. FORM 990, PART IX, LINE 11G INDEPENDENT CONTRACTORS: PROGRAM SERVICE EXPENSES 92,285. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 92,285. WEBSITE MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 616. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 616. EXECUTIVE DIRECTOR EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 41. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41. THOR JOHNSON ENDOWMENT TRUST PO BOX 340 EPHRAIM WI 54211 391791596 PROVIDE GRANTS TO PENINSULA MUSIC FESTIVAL, INC. WI 501(C)(3) LINE 12A, I PENINSULA MUSIC FESTIVAL INC 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 THOR JOHNSON ENDOWMENT TRUST C 230472 CASH