2021-05-13T14:52:24-05:00 2020-06-30 221478099 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2019-07-01 043583756 FROM THE TOP INC FROM 6174370707 19 HAUTEVALE STREET BOSTON MA 021314912 GRETCHEN NIELSEN EXECUTIVE DIRECTOR 6174370707 2021-03-30 1 EDWARD MCNEIL P00090108 6176481400 2021-03-29 2019 2022-09-23 18:48:47Z X GRETCHEN NIELSEN 19 HAUTEVALE STREET BOSTON MA 021314912 3341335 0 X FROMTHETOP.ORG X 2002 MA FROM THE TOP (FTT) NURTURES AND PROMOTES YOUNG ARTIST OF IMPACT. WE ENVISION A MORE HOPEFUL, EMPATHETIC, AND CONNECTED SOCIETY, FUELED BY THE JOY, CREATIVITY AND LEADERSHIP OF YOUNG MUSICIANS. 16 16 31 26 0 0 2499563 2269430 613463 496517 761 13013 -54292 47778 3059495 2826738 269559 161852 0 0 1714024 1539362 0 0 511365 1135675 1034387 3119258 2735601 -59763 91137 1464315 1632768 380472 457788 1083843 1174980 X FROM THE TOP (FTT) NURTURES AND PROMOTES YOUNG ARTIST OF IMPACT. WE ENVISION A MORE HOPEFUL, EMPATHETIC, AND CONNECTED SOCIETY, FUELED BY THE JOY, CREATIVITY AND LEADERSHIP OF YOUNG MUSICIANS. 0 0 893304 496018 FROM THE TOP IS AMERICA'S LARGEST MEDIA PLATFORM DEDICATED TO AMPLIFYING THE ARTISTRY AND STORIES OF EXTRAORDINARY CLASSICALLY-TRAINED YOUNG MUSICIANS AND NURTURING THEIR LEADERSHIP POTENTIAL. THROUGH ITS NATIONALLY SYNDICATED SHOW HEARD ON 195 RADIO STATIONS, AUDIENCES AROUND THE COUNTRY HAVE ENJOYED INSPIRING ORIGINAL CONTENT THAT SHINES A SPOTLIGHT ON REMARKABLE YOUNG PEOPLE FOR 20 YEARS. A RECENT INCREASE IN DIGITAL OFFERINGS, INCLUDING FROM THE TOP DAILY VIDEOS, VIRTUAL CONCERTS, AND PODCASTS HAVE BECOME POPULAR, RECEIVING OVER 1 MILLION VIEWS/LISTENS BETWEEN MARCH AND DECEMBER 2020. FROM THE TOP ALSO PROVIDES EMERGING ARTISTS THE TOOLS AND EXPERIENCES NEEDED TO LEAD A FULFILLING CAREER IN THE ARTS THROUGH PERFORMANCE OPPORTUNITIES IN PREMIER CONCERT VENUES, LEADERSHIP AND COMMUNITY ENGAGEMENT WORKSHOPS, AND SCHOLARSHIPS TOTALING MORE THAN $3 MILLION SINCE 2005. IN SPRING 2020 DUE TO THE PANDEMIC, FROM THE TOP'S TEAM PIVOTED QUICKLY TO MAKING HIGH QUALITY RADIO FROM YOUNG PEOPLE'S HOMES. WE ASSEMBLED A RECORDING KIT THAT WAS SENT TO YOUNG MUSICIANS. WE PUT THEM AND THEIR PARENTS TO WORK AS OUR "CREW" DESIGNING ACOUSTIC SPACES BY SETTING UP BLANKET FORTS IN THEIR LIVING ROOM AND SETTING UP SOUND EQUIPMENT (WITH ZOOM GUIDANCE BY OUR SOUND ENGINEER AND STAFF). 247424 499 IN COLLABORATION WITH OUR YOUNG MUSICIANS, FROM THE TOP CREATED A DAILY JOY CAMPAIGN TO PROVIDE THE PUBLIC WITH BITE-SIZED YOUTH-MADE VIDEOS. THE PURPOSE: TO BRING JOY, CONNECTION, AND RESPITE IN AN UNCERTAIN WORLD. THIS WAS SOON FOLLOWED BY AN EXTENSION OF DAILY JOY IN A 30 45 MINUTE AT-HOME STREAMING CONCERT OFFERED EVERY OTHER WEEK. THESE DIGITAL PROGRAMS, MEANT TO BE A RESPONSE TO THE PANDEMIC, HAVE BECOME QUITE POPULAR AND ARE ATTRACTING NEW AUDIENCES AND DONORS. TODAY, WE CONTINUE THESE PROGRAMS AND ARE CONSIDERING HOW TO DEVELOP AND BUILD THEM AS IMPORTANT FUTURE PRODUCTS FOR FROM THE TOP AND CRITICAL LEARNING AND CREATIVE PERFORMANCE OPPORTUNITIES FOR THE YOUNG MUSICIANS WE SERVE. 122088 OVER THE PAST DECADE, FROM THE TOP HAS RECOGNIZED THE POWER IN PROVIDING A SPACE FOR YOUR MUSICIANS TO SLOW DOWN, REFLECT AND BUILD LEADERSHIP SKILLS AND "CITIZEN ARTIST" MUSCLES. THROUGH WORKSHOPS AND FACILITATED PER EXCHANGE, YOUR MUSICIANS EXAMINE THEIR PASSIONS, WHAT SKILLS THEY HAVE IN AND OUT OF MUSIC, AND WHAT THE WORLD NEEDS. THEN THEY PUT THEIR LEARNING INTO PRACTICE IN A COMMUNITY SETTING SUCH AS A BI-LINGUAL SCHOOL, HOSPITAL, OR FOOD PANTRY, UTILIZING THEIR ARTISTRY AS A HUMANITARIAN TOOL TO CONNECT TO PEOPLE, FUELING AN EXCHANGE THAT TRANSFORMS BOTH ARTIST AND "AUDIENCE". FROM THE TOP MUSICIANS AND THEIR STORIES HAVE ALSO REACHED AND INSPIRED COUNTLESS NUMBER OF STUDENTS THROUGH FEATURE IN MCGRAW HILL MUSIC CURRICULA.IN FY20, APPROXIMATELY 20 YOUNG MUSICIANS ENGAGED IN ONLINE LEADERSHIP TRAINING THAT LED TO THEM CREATING AND DELIVERING A SET OF LIVE INTERACTIVE PERFORMANCES FOR DENVER CHILDREN'S HOSPITAL PATIENTS. FROM THE TOP PARTNERED WITH THE SEACREST FOUNDATION THAT ALLOWED US TO STREAM DIRECTLY INTO HOSPITAL ROOMS VIA AN ON-SITE CLOSED-CIRCUIT MEDIA STUDIO. 418640 161852 ADMISSIONS, RECRUITMENT, AND SCHOLARSHIPTHE ADMISSIONS, RECRUITMENT, AND SCHOLARSHIP DEPARTMENT IS THE ENGINE THAT FUELS FROM THE TOP, BRINGING YOUNG MUSICIANS OF DIFFERENT AGES, GEOGRAPHIC REGIONS, SOCIO-ECONOMIC, AND RACIAL BACKGROUNDS INTO THE ORGANIZATION. THE FOCUS OF THE WORK IS ON FACILITATING COMMUNICATION AND AWARENESS OF FROM THE TOP TO A NETWORK OF MUSIC EDUCATORS, PROGRAMS, AND INDIVIDUAL YOUNG MUSICIANS AND THEIR FAMILIES; FACILITATING THE APPLICATION, AUDITION, AND REVIEW PROCESS; AND ANNUALLY AWARDING 20 MUSICIANS WHO PERFORM ON FROM THE TOP'S NPR SHOW A $10,000 "SCHOLARSHIP." SINCE 2005, FROM THE TOP AND THE JACK KENT COOKE FOUNDATION HAVE AWARDED APPROXIMATELY $3.45 MILLION IN SCHOLARSHIPS TO 300 EXCEPTIONAL YOUNG MUSICIANS WITH FINANCIAL NEED. YOUNG MUSICIANS WHO RECEIVE A SCHOLARSHIP ARE COACHED THROUGH UTILIZING THE FUNDS TO SUPPORT THEIR CONTINUED MUSIC EDUCATION, OFTEN PURCHASING OR REPAIRING INSTRUMENTS, PAYING FOR LESSONS OR SUMMER PROGRAM FEES, SUBSIDIZING TRAVEL TO AUDITIONS, PURCHASING CONCERT ATTIRE, AND MORE. 418640 161852 1681456 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 44 0 1 31 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 1 1 1 1 1 1 1 1 0 MA X X GRETCHEN NIELSEN 6174370707 19 HAUTEVALE STREET BOSTON MA 021314912 BENJAMIN ROTHSCHILD DIRECTOR 1.00 X 0 0 0 CORINNE FERGUSON DIRECTOR 4.00 X 0 0 0 ELAINE LEBUHN DIRECTOR 4.00 X 0 0 0 ELIZABETH SIKOROVSKY DIRECTOR 1.00 X 0 0 0 GERALD SLAVET DIRECTOR 1.00 X 0 0 0 INMACULADA SILOS-SANTIAGO DIRECTOR 1.00 X 0 0 0 JEFFREY RAYPORT DIRECTOR 4.00 X 0 0 0 JENNIFER HURLEY-WALES DIRECTOR 1.00 X 0 0 0 JOHN PATTILLO DIRECTOR 4.00 X 0 0 0 KEVIN OLUSOLA DIRECTOR 1.00 X 0 0 0 LOUISE LEE DIRECTOR 1.00 X 0 0 0 MICHAEL THURBER DIRECTOR 1.00 X 0 0 0 MONICA DAVISSON DIRECTOR 1.00 X 0 0 0 PETER ROSS DIRECTOR 1.00 X 0 0 0 PETER SEGAL DIRECTOR 1.00 X 0 0 0 SOO YOUN LEE DIRECTOR 1.00 X 0 0 0 DIANNE COLLAZO DIRECTOR OF FINANCE & ADMI 40.00 X 112779 0 8120 GRETCHEN NIELSEN EXECUTIVE DIRECTOR 40.00 X 226894 0 16424 DAVID BALSOM TOUR PRODUCER 40.00 X 120771 0 14838 EMILY BORABABY DIRECTOR OF DEVELOPMENT AND COMMUNITY OUTREACH 40.00 X 132900 0 8798 TIMOTHY BANKER DIRECTOR OF CONTENT & PROD 40.00 X 114920 0 21713 708264 0 69893 5 0 1 0 0 134350 2135080 517183 2269430 CARRIAGE FEES 515100 329654 329654 ROAD SHOW FEES 711190 165364 165364 ADMINISTRATIVE FEES 711190 1499 1499 496517 419 419 5980 5980 41670 0 41670 41670 41670 527191 514597 12594 12594 12594 128 0 128 128 2826738 496517 0 60791 161852 161852 350561 45223 305338 978025 667507 59970 250548 105397 69031 7100 29266 105379 55483 27456 22440 82019 38965 22738 20316 11224 11224 240541 137082 12141 91318 152499 88940 29661 33898 147095 117934 654 28507 1483 1483 10786 8279 1170 1337 22526 11940 9000 1586 PRODUCTION 246314 246314 BAD DEBTS 65075 65075 MARKETING 41436 21013 545 19878 EVENT EXPENSE 12079 12079 1310 669 449 192 2735601 1681456 542780 511365 628502 1327292 54178 54500 321575 96783 362830 82370 57915 35510 371872 350309 24565 21563 14750 14750 1464315 1632768 236100 137301 18750 25417 100000 267465 25622 27605 380472 457788 X 114447 477354 969396 697626 1083843 1174980 1464315 1632768 91137 0 X X 0 1 X 1 0 X 2376611 2569933 2212885 2506803 2269430 11935662 2376611 2569933 2212885 2506803 2269430 11935662 2945696 8989966 40640 27210 12004 12351 48069 140274 18250 28750 15250 28500 90750 12166686 3072298 0.73890 0.84810 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING - 2015 AMOUNT: $ 18,250. 2016 AMOUNT: $ 28,750. 2017 AMOUNT: $ 15,250. 2018 AMOUNT: $ 28,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22828 11529 11299 349044 338780 10264 21563 PAYROLL LIABILITIES 27605 27605 X 2865015 38277 38277 2826738 0 2826738 2773878 38277 38277 2735601 0 2735601 PART X, LINE 2: THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2020. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION IN THE FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE ITS EVALUATION OF TAX POSITIONS WILL SIGNIFICANTLY CHANGE WITHIN TWELVE MONTHS OF JUNE 30, 2020. ANY CHANGES IN TAX POSITIONS WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES GENERALLY FOR THE YEARS ENDED JUNE 30,2017, 2018 AND 2019. ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS ARE RECOGNIZED AS A PART OF INTEREST EXPENSE AND MISCELLANEOUS EXPENSES, RESPECTIVELY, IN THE ACCOMPANYING STATEMENT OF ACTIVITIES. THE ORGANIZATION HAS NO ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AT JUNE 30, 2020 AND NONE WERE INCURRED DURING THE YEAR THEN ENDED. 1 SCHOLARSHIP 22 161852 PART I, LINE 2: FROM THE TOP REVIEWS THE FOLLOWING INFORMATION PROVIDED BY STUDENTS BEFORE MAKING SELECTION OF SCHOLARSHIP RECIPIENTS: COMPLETE SCHOLARSHIP APPLICATION, MUSICAL AUDITION PERFORMANCE, EVIDENCE OF FINANCIAL NEED AS WELL AS ACADEMIC ACHIEVEMENTS. X X X 0 0 0 0 0 0 0 0 0 GRETCHEN NIELSEN EXECUTIVE DIRECTOR 226894 0 0 0 0 0 0 0 16424 0 243318 0 0 0 X 3 517183 FMV 0 0 0 PART I, COLUMN (B): AMOUNTS IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE FORM 990 HAS BEEN PREPARED BY THE AUDIT FIRM IT IS REVIEWED INITIALLY BY THE DIRECTOR OF FINANCE AND ADMINISTRATION. ONCE SATISFIED, IT IS FURTHER REVIEWED BY THE FINANCE COMMITTEE, THEN THE FORM 990 IS SENT TO THE BOARD FOR FINAL REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE BOARD OF DIRECTORS ARE ASKED TO SIGN OFF AND DISCLOSE ALL CONFLICTS OF INTERESTS. THESE DISCLOSURE FORMS ARE REVIEWED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 FROM THE TOP UTILIZES DATA FROM CONSULTANTS AND MARKET CONDITIONS TO DETERMINE APPROPRIATE COMPENSATION FOR KEY EMPLOYEES. OFFICERS AND BOARD MEMBERS ARE UNPAID POSITIONS WITHOUT COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE OVERSIGHT PROCESS AND SELECTION PROCESS HAVE NOT CHANGED DURING THE YEAR.