2021-05-13T10:24:53-05:00 2020-06-30 420714325 RSM US LLP 30 S WACKER DRIVE STE 3300 CHICAGO IL 60606 990 2019-07-01 340714468 THE MUSICAL ARTS ASSOCIATION MUSI 2162317300 11001 EUCLID AVENUE CLEVELAND OH 44106 JAMES E MENGER CHIEF FINANCIAL OFFICER 2162317300 2021-05-07 1 REBEKUH ELEY P01247672 3126343400 2021-05-07 2019 2022-09-23 18:48:47Z THE CLEVELAND ORCHESTRA ANDRE GREMILLET 11001 EUCLID AVENUE CLEVELAND OH 44106 125719256 0 X WWW.CLEVELANDORCHESTRA.COM X 1925 OH THE CLEVELAND ORCHESTRA INSPIRES AND ENRICHES LIVES BY CREATING EXTRAORDINARY MUSICAL EXPERIENCES AT THE HIGHEST LEVEL OF ARTISTIC EXCELLENCE. 75 75 623 1715 8182 7182 29746151 26383086 18968906 14212090 8343363 13776053 -277251 -160331 56781169 54210898 0 0 0 0 34661197 33792275 208269 193495 3120845 23118949 18264294 57988415 52250064 -1207246 1960834 291916435 284635926 80425921 88931842 211490514 195704084 X THE CLEVELAND ORCHESTRA INSPIRES AND ENRICHES LIVES BY CREATING EXTRAORDINARY MUSICAL EXPERIENCES AT THE HIGHEST LEVEL OF ARTISTIC EXCELLENCE. 0 0 23629267 7201632 SEVERANCE HALL AND NORTHEAST OHIO UNDER THE LEADERSHIP OF MUSIC DIRECTOR FRANZ WELSER-MOST SINCE 2002, THE CLEVELAND ORCHESTRA HAS EXTENDED ITS ARTISTRY AND MUSICAL ABILITIES AND REMAINS ONE OF THE MOST SOUGHT-AFTER PERFORMING ENSEMBLES IN THE WORLD YEAR AFTER YEAR SETTING STANDARDS OF EXTRAORDINARY MUSIC EXCELLENCE, CREATIVE PROGRAMMING, AND COMMUNITY ENGAGEMENT. THE NEW YORK TIMES DECLARED THE ENSEMBLE "AMERICA'S FINEST, STILL" IN OCTOBER 2020 FOR THE GROUP'S VIRTUOSITY, ELEGANT SOUND, VARIETY OF COLOR, AND CHAMBER-LIKE MUSICAL COHESION. IN SEPTEMBER 2019, THE ORCHESTRA ANNOUNCED THAT WELSER-MOST'S CONTRACT WOULD BE EXTENDED FOR FIVE YEARS TO 2027. THE CLEVELAND ORCHESTRA HAS A LONG AND STORIED RECORDING HISTORY, AND AN ENVIABLE CATALOG OF ALBUMS RELEASED ACROSS THE PAST CENTURY. THIS SEASON MARKED A NEW MILESTONE WITH THE LAUNCH OF THE ENSEMBLE'S OWN RECORDING LABEL AND TWO POWERFUL RELEASES. IN JUNE 2020 CAME THE CLEVELAND ORCHESTRA: A NEW CENTURY, THE LABEL'S INAUGURAL OFFERING, FEATURING SIX MUSICAL WORKS AVAILABLE ON COMPACT DISC OR THROUGH MAJOR STREAMING AND DIGITAL DOWNLOAD SERVICES. THE ORCHESTRA'S SECOND ALBUM OF THE YEAR PAIRS SCHUBERT'S CLASSICAL "GREAT" C-MAJOR SYMPHONY AND KRENEK'S MODERNISTIC STATIC AND ECSTATIC. RELEASED IN OCTOBER 2020, BOTH PIECES WERE RECORDED DURING THE CLEVELAND ORCHESTRA'S FINAL TWO WEEKS OF PERFORMANCES IN MARCH 2020, JUST AS THE CORONAVIRUS SHUT DOWN CONCERT HALLS AROUND THE WORLD. IN ADDITION TO BEING PRODUCED AS TRADITIONAL BOX SETS WITH COMPANION BOOKS, BOTH RELEASES ARE ALSO AVAILABLE AS DOWNLOADS OR FOR ONLINE STREAMING.THE CLEVELAND ORCHESTRA LAUNCHED TWO NEW DIGITAL MEDIA PRODUCTS IN OCTOBER 2020: THE VIDEO STREAMING SITE AND APP ADELLA, NAMED FOR THE ENSEMBLE'S PIONEERING FOUNDER ADELLA PRENTISS HUGHES, AND A DIGITAL CONCERT SERIES TITLED THE CLEVELAND ORCHESTRA: IN FOCUS. THE SERIES PREMIERE EPISODE, WITH MUSIC BY TCHAIKOVSKY, RESPIGHI, AND GEORGE WALKER, MARKED THE ORCHESTRA'S FIRST PERFORMANCE SINCE COVID-19 CAUSED CONCERT CANCELLATIONS IN MARCH 2020. THE ORCHESTRA ALSO PRESENTED TWO SEASONS OF ITS NEW PODCAST, ON A PERSONAL NOTE, AND A SERIES OF ARCHIVAL CONCERTS FOR STREAMING, CALLED TCO CLASSICS. 9372727 3154966 BLOSSOM MUSIC CENTERTHE 53RD BLOSSOM MUSIC FESTIVAL SEASON OF CONCERTS AT BLOSSOM MUSIC CENTER, SCHEDULED TO BEGIN WITH A SALUTE TO AMERICA ON JULY 3, 2020, WAS ALSO CANCELED BECAUSE OF THE ONGOING PANDEMIC. IN RESPONSE, THE ORCHESTRA LAUNCHED THE BLOSSOM PRESERVATION CHALLENGE TO SUSTAIN A BELOVED NORTHEAST OHIO SUMMERTIME TRADITION AND THE BLOSSOM COMMUNITY STEPPED UP TO SUPPORT THE ENSEMBLE'S SUMMER HOME. ACROSS THE PREVIOUS SUMMER, A FESTIVAL SEASON OF 20 CONCERTS WAS PRESENTED OVER 10 WEEKENDS BETWEEN THE FOURTH-OF-JULY AND MEMORIAL DAY HOLIDAYS, PLUS ONE ADDITIONAL SPECIAL EVENT RADIO TAPING FOR "WAIT, WAIT, DON'T TELL ME." OVERALL, THE 2019 FESTIVAL WELCOMED MORE THAN 123,500 MUSIC-LOVERS TO THE ORCHESTRA'S FESTIVAL CONCERTS, WITH ATTENDANCE LOWER THAN RECENT SEASONS DUE TO A RAINY SUMMER. NEVERTHELESS, ATTENDANCE REPRESENTED AN AVERAGE OF 6,200 PER CONCERT, THE SIXTH-HIGHEST AVERAGE IN THE FESTIVAL'S HISTORY. AN ADDITIONAL 299,000 ATTENDED TWO-DOZEN NON-ORCHESTRAL CONCERTS PRESENTED AT BLOSSOM MUSIC CENTER BY LIVE NATION ENTERTAINMENT. 5695078 935878 TOURING AND RESIDENCIESEACH YEAR, THE ORCHESTRA ALLOCATES SEVERAL WEEKS OF ITS PERFORMANCE SCHEDULE TO RESIDENCIES AND TOURING ACTIVITIES BEYOND NORTHEAST OHIO, NATIONALLY AND INTERNATIONALLY. THESE ARE DESIGNED TO ENHANCE BOTH THE ARTISTIC AND FINANCIAL STRENGTH OF THE ORGANIZATION AND EXTEND THE ORCHESTRA'S WORLDWIDE REPUTATION. IN JANUARY 2020, THE ORCHESTRA MADE ITS ANNUAL RETURN TO MIAMI FOR THE 14TH YEAR OF ITS PARTNERSHIP WITH THE ADRIENNE ARSHT CENTER FOR THE PERFORMING ARTS OF MIAMI-DADE COUNTY. THOUSANDS OF SOUTH FLORIDIANS GATHERED AT THE ARSHT CENTER FOR EVENING PERFORMANCES AS WELL AS FREE EDUCATION CONCERTS. ORCHESTRA MUSICIANS ALSO WENT INTO MIAMI-DADE COUNTY TO SHARE MUSIC AND EDUCATION RESOURCES WITH THE COMMUNITY. IN ADDITION TO THE ORCHESTRA'S TWO-WEEK RESIDENCY IN MIAMI AND A PRESENTATION IN NAPLES (JANUARY 2020), THE ENSEMBLE PERFORMED A PAIR OF CONCERTS AT NEW YORK'S FAMED CARNEGIE HALL (OCTOBER 2019): THE ORCHESTRA AND WELSER-MOST WERE FEATURED AT THE CONCERT HALL'S OPENING-NIGHT GALA THE THIRD TIME THE ENSEMBLE WAS INVITED TO OPEN CARNEGIE HALL'S SEASON.THE ORCHESTRA'S TWENTIETH INTERNATIONAL TOUR UNDER WELSER-MOST, SCHEDULED FOR MARCH AND APRIL 2020, FEATURING SEVEN PERFORMANCES IN THREE CITIES ACROSS EUROPE AND FOUR CONCERTS IN THE UNITED ARAB EMIRATES AS THE FIRST U.S. ORCHESTRA TO PERFORM AT THE ABU DHABI FESTIVAL, WAS CANCELED DUE TO THE WORLDWIDE COVID-19 PANDEMIC. 3706347 2919614 EDUCATION AND COMMUNITY ENGAGEMENTTHE CLEVELAND ORCHESTRA CONTINUED SERVING NORTHEAST OHIO OVER THE COURSE OF THE 2019-20 SEASON, AND EXPLORED NEW METHODS OF ENGAGEMENT DURING THE SECOND HALF OF THE SEASON DUE TO THE PANDEMIC. ONGOING PROGRAMS SUCH AS FAMILY CONCERTS, EDUCATION CONCERTS, AND MUSIC EXPLORERS CONTINUED, AS WELL AS PROGRAMS THAT TAKE PLACE IN THE CLEVELAND METROPOLITAN SCHOOL DISTRICT, THE MUSICAL NEIGHBORHOODS PROGRAM, AND THE CRESCENDO AND MUSIC MENTORS PROGRAMS IN CLEVELAND'S SLAVIC VILLAGE AND HOUGH NEIGHBORHOODS. IN OCTOBER 2019, A TRANSFORMATIONAL GIFT FROM MRS. JANE B. NORD INSURED FREE ADMISSION TO CLEVELAND ORCHESTRA EDUCATION CONCERTS FOR ALL STUDENTS THROUGHOUT NORTHEAST OHIO - FOREVER. DURING A NORMAL SEASON, NEARLY 20,000 STUDENTS ATTEND EDUCATION CONCERTS IN SEVERANCE HALL.WHEN THE PANDEMIC BEGAN IN MARCH 2020, THE ORCHESTRA'S COMMITMENT TO ENGAGING AND SERVING ITS COMMUNITY BECAME MORE IMPORTANT THAN EVER. THE MINDFUL MUSIC MOMENTS EDUCATION PROGRAM, WHICH COMBINES CLASSICAL MUSIC FROM THE CLEVELAND ORCHESTRA WITH MINDFULNESS PROMPTS AND EXERCISES USUALLY PROVIDED BY SCHOOLS, WAS REPURPOSED INTO POSTS AVAILABLE ACROSS SOCIAL MEDIA TO HELP EASE STRESS AND ANXIETY. SIMILARLY, IN-SCHOOL PROGRAMS WERE RECREATED IN ZOOM FORMAT AND A WIDE RANGE OF FREE ONLINE EDUCATION RESOURCES WERE OFFERED TO CHILDREN, STUDENTS, AND ADULTS. ACROSS A TYPICAL SEASON, THE ORCHESTRA'S EDUCATION AND COMMUNITY INITIATIVES REACH MORE THAN 100,000 PEOPLE. HOWEVER, BECAUSE OF THE PANDEMIC-RELATED MIGRATION OF PROGRAMS TO SOCIAL MEDIA AND ONLINE, ACCESS AND PARTICIPATION INCREASED DRAMATICALLY. 3706347 2919614 42403419 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 193 0 1 623 1 1 1 1 AU 0 0 0 1 1 0 0 0 0 0 0 X 75 75 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 OH FL X JAMES E MENGER 2162317300 11001 EUCLID AVENUE CLEVELAND OH 44106 ANDRE GREMILLET PRESIDENT & CEO 60.00 X 626126 0 125572 MICHAEL SACHS MUSICIAN 40.00 X 294685 0 42387 DONALD MILLER MUSICIAN 40.00 X 294393 0 42180 PETER OTTO MUSICIAN 40.00 X 295151 0 19508 JOSHUA SMITH MUSICIAN 40.00 X 280327 0 23796 FRANK ROSENWEIN MUSICIAN 40.00 X 263150 0 36474 JAMES E MENGER ASST. TREASURER, CFO 50.00 X 254987 0 43072 KATHERINE SMITH ASST. SECRETARY & EXECUTIVE ASST. 40.00 X 36939 0 5817 RICHARD K SMUCKER CHAIRMAN & RESIDENT TRUSTEE 13.00 X X 0 0 0 DENNIS W LABARRE IMMEDIATE PAST CHAIR & RESIDENT TRUSTEE 3.00 X X 0 0 0 RICHARD J BOGOMOLNY RESIDENT TRUSTEE 3.00 X X 0 0 0 NORMA LERNER HONORARY CHAIR & RESIDENT TRUSTEE 3.00 X X 0 0 0 HEWITT B SHAW SECRETARY & RESIDENT TRUSTEE 3.00 X X 0 0 0 BETH E MOONEY TREASURER & RESIDENT TRUSTEE 3.00 X X 0 0 0 ROBIN BLOSSOM RESIDENT TRUSTEE 1.00 X 0 0 0 YUVAL BRISKER RESIDENT TRUSTEE 1.00 X 0 0 0 JEANETTE GRASSELLI BROWN RESIDENT TRUSTEE 1.00 X 0 0 0 HELEN RANKIN BUTLER RESIDENT TRUSTEE 1.00 X 0 0 0 IRAD CARMI RESIDENT TRUSTEE 1.00 X 0 0 0 PAUL G CLARK RESIDENT TRUSTEE (THRU 12/20) 1.00 X 0 0 0 ROBERT D CONRAD RESIDENT TRUSTEE 1.00 X 0 0 0 MARGOT J COPELAND RESIDENT TRUSTEE (AS OF 1/20) 1.00 X 0 0 0 MATTHEW V CRAWFORD RESIDENT TRUSTEE 1.00 X 0 0 0 ALEXANDER M CUTLER RESIDENT TRUSTEE 1.00 X 0 0 0 DR HIROYUKI FUJITA RESIDENT TRUSTEE 1.00 X 0 0 0 ROBERT GLICK RESIDENT TRUSTEE 1.00 X 0 0 0 ROBERT K GUDBRANSON RESIDENT TRUSTEE 1.00 X 0 0 0 IRIS HARVIE RESIDENT TRUSTEE 1.00 X 0 0 0 DEE HASLAM RESIDENT TRUSTEE 1.00 X 0 0 0 STEPHEN H HOFFMAN RESIDENT TRUSTEE 1.00 X 0 0 0 DAVID J HOOKER RESIDENT TRUSTEE 1.00 X 0 0 0 MARGUERITE B HUMPHREY RESIDENT TRUSTEE 1.00 X 0 0 0 MICHELLE SHAN JESCHELNIG RESIDENT TRUSTEE (AS OF 11/19) 1.00 X 0 0 0 ELIZABETH B JULIANO RESIDENT TRUSTEE 1.00 X 0 0 0 JEAN C KALBERER RESIDENT TRUSTEE 1.00 X 0 0 0 NANCY F KEITHLEY RESIDENT TRUSTEE 1.00 X 0 0 0 CHRISTOPHER M KELLY RESIDENT TRUSTEE 1.00 X 0 0 0 DOUGLAS A KERN RESIDENT TRUSTEE 1.00 X 0 0 0 JOHN D KOCH JR RESIDENT TRUSTEE 1.00 X 0 0 0 RICHARD KRAMER RESIDENT TRUSTEE 1.00 X 0 0 0 VIRGINIA M LINDSETH RESIDENT TRUSTEE 1.00 X 0 0 0 MILTON S MALTZ RESIDENT TRUSTEE 1.00 X 0 0 0 NANCY W MCCANN RESIDENT TRUSTEE 1.00 X 0 0 0 STEVEN J MCHALE RESIDENT TRUSTEE 1.00 X 0 0 0 THOMAS F MCKEE RESIDENT TRUSTEE 1.00 X 0 0 0 LORETTA J MESTER RESIDENT TRUSTEE 1.00 X 0 0 0 DR TOMISLAV MIHALJEVIC RESIDENT TRUSTEE 1.00 X 0 0 0 KATHERINE T O'NEILL RESIDENT TRUSTEE 1.00 X 0 0 0 LARRY POLLOCK RESIDENT TRUSTEE 1.00 X 0 0 0 ALFRED M RANKIN JR RESIDENT TRUSTEE 1.00 X 0 0 0 CLARA T RANKIN RESIDENT TRUSTEE 1.00 X 0 0 0 AUDREY GILBERT RATNER RESIDENT TRUSTEE 1.00 X 0 0 0 CHARLES A RATNER RESIDENT TRUSTEE 1.00 X 0 0 0 ZOYA REYZIS RESIDENT TRUSTEE 1.00 X 0 0 0 BARBARA S ROBINSON RESIDENT TRUSTEE 1.00 X 0 0 0 STEVEN M ROSS RESIDENT TRUSTEE (THRU 12/20) 1.00 X 0 0 0 LUCI SCHEY RESIDENT TRUSTEE 1.00 X 0 0 0 JAMES C SPIRA RESIDENT TRUSTEE 1.00 X 0 0 0 R THOMAS STANTON RESIDENT TRUSTEE 1.00 X 0 0 0 RICHARD STOVSKY RESIDENT TRUSTEE 1.00 X 0 0 0 DR RUSSELL A TRUSSO RESIDENT TRUSTEE 1.00 X 0 0 0 DANIEL P WALSH RESIDENT TRUSTEE 1.00 X 0 0 0 THOMAS A WALTERMIRE RESIDENT TRUSTEE 1.00 X 0 0 0 GERALDINE B WARNER RESIDENT TRUSTEE 1.00 X 0 0 0 JOHN WARNER RESIDENT TRUSTEE (AS OF 11/19) 1.00 X 0 0 0 JEFFREY J WEAVER RESIDENT TRUSTEE 1.00 X 0 0 0 MEREDITH SMITH WEIL RESIDENT TRUSTEE 1.00 X 0 0 0 JEFFREY M WEISS RESIDENT TRUSTEE 1.00 X 0 0 0 PAUL E WESTLAKE JR RESIDENT TRUSTEE 1.00 X 0 0 0 DAVID A WOLFORT RESIDENT TRUSTEE 1.00 X 0 0 0 ANTHONY WYNSHAW-BORIS RESIDENT TRUSTEE (AS OF 11/19) 1.00 X 0 0 0 VIRGINIA NORD BARBATO NON-RESIDENT TRUSTEE 1.00 X 0 0 0 WOLFGANG C BERNDT NON-RESIDENT TRUSTEE 1.00 X 0 0 0 MARY JO EATON NON-RESIDENT TRUSTEE 1.00 X 0 0 0 RICHARD C GRIDLEY NON-RESIDENT TRUSTEE 1.00 X 0 0 0 MICHAEL J HORVITZ NON-RESIDENT TRUSTEE 1.00 X 0 0 0 HERBERT KLOIBER NON-RESIDENT TRUSTEE 1.00 X 0 0 0 BENJAMIN PYNE NON-RESIDENT TRUSTEE (AS OF 11/19) 1.00 X 0 0 0 PAUL A ROSE NON-RESIDENT TRUSTEE (THRU 12/20) 1.00 X 0 0 0 CAROLYN DESSIN TRUSTEE EX-OFFICIO (THRU 11/19) 1.00 X 0 0 0 TODD DIACON TRUSTEE EX-OFFICIO (AS OF 11/19) 1.00 X 0 0 0 LISA FEDOROVICH TRUSTEE EX-OFFICIO (AS OF 11/19) 1.00 X 0 0 0 BARBARA R SNYDER TRUSTEE EX-OFFICIO (THRU 10/20) 1.00 X 0 0 0 PATRICIA K SOMMER TRUSTEE EX-OFFICIO 1.00 X 0 0 0 BEVERLY J WARREN TRUSTEE EX-OFFICIO (THRU 11/19) 1.00 X 0 0 0 2345758 0 338806 119 0 1 0 FRANZ WELSER-MOST 11001 EUCLID AVENUE CLEVELAND OH 44106 MUSIC DIRECTOR 1556309 AGILITY LOGISTICS 185 COURTNEYPARK DRIVE EAST MISSISSAUGA ONTARIO CA L5T 2T6 TOUR LOGISTICS 460340 ARTSMARKETING SERVICES 260 E KING STREET TORONTO ONTARIO CA M5A 4L5 MARKETING & FUNDRAISING SERVICES 333460 OPUS 3 ARTISTS 470 PARK AVENUE SOUTH NEW YORK NY 10016 ARTIST PERFORMANCES 237250 DEBEVOISE & PLIMPTON LLP 919 THIRD AVE 28TH FLOOR NEW YORK NY 10022 LEGAL SERVICES 203603 21 1103027 2400282 22879777 1394245 26383086 CONCERT REVENUE 711130 13685678 13685678 HALL INCOME 711130 264137 233923 30214 BROADCASTING/RECORDING 711130 262275 262275 14212090 4896356 4896356 79957055 71077358 8879697 8879697 8879697 97075 1103027 344397 -247322 -247322 165412 86603 78809 78809 PARTNERSHIPS 721000 8182 8182 8182 54210898 14181876 8182 13637754 1026704 1026704 25974526 23079952 1379747 1514827 2496384 2126595 353568 16221 2596226 2028023 328296 239907 1698435 1445211 145436 107788 872356 699754 51342 121260 489125 356155 132970 79675 79675 105000 105000 193495 193495 756075 756075 3207284 3207284 1760764 1760764 561449 244550 135349 181550 283831 93858 189973 130647 130647 1087985 1060194 8051 19740 1182620 1080944 28974 72702 84597 43498 3908 37191 1357109 1357109 2250699 1800559 225070 225070 97413 9571 87842 DIRECT CONCERT EXPENSES 2754339 2685576 63343 5420 OTHER ADMIN. EXPENSES 1154753 501711 267368 385674 MEDIA EXPENSES 48573 48573 52250064 42403419 6725800 3120845 111821 91398 12988441 12127659 28766406 18845401 2914032 940283 74375 56875 549179 261198 238078 278446 4145428 3688785 87921647 45536883 41711598 42384764 159978683 165149298 40438394 40811819 291916435 284635926 37038382 48265646 7932730 5485008 35454809 35181188 80425921 88931842 X 9375727 -5090273 202114787 200794357 211490514 195704084 291916435 284635926 X 1960834 -9158619 -8588645 X 0 1 X 1 0 X 26996186 31657137 32806554 29746151 26383086 147589114 26996186 31657137 32806554 29746151 26383086 147589114 18407615 129181499 8115622 4080317 5303548 6573549 4896356 28969392 6898 5323 2691 1375 8182 24469 176582975 89233764 0.73160 0.71880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 1 100 0 0 1 4669 0 1 105000 109769 0 PART II-B, LINE 1: ALL ACTIVITIES REGARDING LOBBYING ACTIVITIES CONCENTRATED ON LEGISLATIVE MATTERS ONLY. DIRECT CONTACT WITH LEGISLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS, OR LEGISLATIVE BODIES BY THE MUSICAL ARTS ASSOCIATION VOLUNTEERS, EMPLOYEES, TRUSTEES, LEGISLATIVE OR LEGAL COUNSEL OCCURRED VIA TELEPHONE OR AN OCCASIONAL MEETING. 210462937 5069822 3757872 9621275 209669356 209256656 8271621 9632589 16697929 210462937 200650000 832656 16418000 8644000 209256656 179557000 5647000 23760000 8314000 200650000 184733000 5494000 -2569000 8101000 179557000 0.21000 0.75000 0.04000 1 0 12151846 12151846 65776685 39427017 26349668 9993116 6109866 3883250 42384764 ABSOLUTE RETURN EQUITY FUND 18611484 F HEDGED EQUITY FUND 17761415 F CHARITABLE PERPETUAL TRUSTS 4438920 F 40811819 X 44842411 -9158619 115888 431000 -8611731 53454142 748575 8182 756757 54210899 60628840 115888 431000 546888 60081952 748575 -8580463 -7831888 52250064 PART V, LINE 4: UNRESTRICTED ENDOWMENT ASSETS CONSIST OF FUNDS WHICH HAVE BEEN DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT AND FOR WHICH THE USE OF INCOME IS NOT GOVERNED BY DONOR-IMPOSED RESTRICTIONS. TERM OR TEMPORARILY RESTRICTED ENDOWMENTS ARE SUBJECT TO DONOR-IMPOSED RESTRICTIONS THAT WILL BE MET BY ACTIONS OF THE MUSICAL ARTS ASSOCIATION AND/OR PASSAGE OF TIME. PERMANENT ENDOWMENTS ARE SUBJECT TO DONOR-IMPOSED RESTRICTIONS THAT REQUIRE THE ASSETS BE MAINTAINED IN PERPETUITY. THE USE OF INCOME AND ANY RELATED APPRECIATION MAY BE SUBJECT TO RESTRICTION BY THE DONOR. PART X, LINE 2: THE ASSOCIATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION EXEMPT FROM FEDERAL TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION IS A PUBLIC CHARITY BY REASON OF BEING DESCRIBED IN INTERNAL REVENUE CODE SECTION 170(B)(I)(A)(VI). THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES EXCEPT TO THE EXTENT OF INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. UNRELATED BUSINESS INCOME IS NOT MATERIAL TO THE FINANCIAL STATEMENTS. THE ASSOCIATION COMPLETED AN ANALYSIS OF ITS TAX POSITIONS, IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES AND DETERMINED THAT NO AMOUNTS WERE REQUIRED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS AT JUNE 30, 2020 AND 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 86,603. FUNDRAISING EXPENSES NETTED AGAINST REVENUE 344,397. PART XI, LINE 4B - OTHER ADJUSTMENTS: PARTNERSHIP INCOME 8,182. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 86,603. FUNDRAISING EXPENSES NETTED AGAINST REVENUE 344,397. PART XII, LINE 4B - OTHER ADJUSTMENTS: PENSION PLAN LIABILITY ADJUSTMENT -8,580,463. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 29891522 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES UNRECOVERABLE COSTS FOR CANCELLED TOUR 102481 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES UNRECOVERABLE COSTS FOR CANCELLED TOUR 26881 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING 0 0 0 0 0 0 30020884 0 30020884 1 0 1 0 0 1 PART I, LINE 3: FOREIGN TOURING EXPENSES ARE RECORDED ON THE ACCRUAL BASIS OF ACCOUNTING IN THE MUSICAL ARTS ASSOCIATION'S FINANCIAL BOOKS. PART III ACCOUNTING METHOD: X X X X X X X 1 ARTSMARKETING SERVICES 260 E KING ST TORONTO ONTARIO CA M5A 4L5 TELEFUNDING 0 461219 193495 267724 ANNE REISS 110 WASHINGTON AVE 2512 MIAMI BEACH FL 33139 CONSULTING 0 0 51580 -51580 461219 245075 216144 FL OH SEV HALL GALA 1200102 1103027 97075 61060 130464 35767 117106 1200102 1103027 97075 61060 130464 35767 117106 344397 -247322 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE PROFESSIONAL FUNDRAISING AGREEMENT WITH ARTSMARKETING SERVICES, INC. STIPULATES THAT PAYMENTS MADE ARE FOR PROFESSIONAL FUNDRAISING SERVICES ($193,495) BASED UPON THE AGREED UPON REVENUE RATE. TOTAL FUNDRAISING EXPENSES FOR THE YEAR ENDING JUNE 30, 2020, THE MUSICAL ARTS ASSOCIATION INCURRED TOTAL FUNDRAISING EXPENSES OF $3,120,845 (REPORTED ON FORM 990, PART IX, LINE 25, COLUMN (D)), WHICH REPRESENTED 11.2% OF CONTRIBUTIONS AND GRANTS REVENUE OF $27,777,328 (REPORTED ON PART VIII, LINE 1H). X X 1 1 X X X 0 1 0 0 0 0 0 0 0 ANDRE GREMILLET PRESIDENT & CEO 507182 0 0 0 118944 0 88933 0 36639 0 751698 0 81342 0 MICHAEL SACHS MUSICIAN 293744 0 0 0 941 0 17516 0 24871 0 337072 0 0 0 DONALD MILLER MUSICIAN 292444 0 0 0 1949 0 25320 0 16860 0 336573 0 0 0 PETER OTTO MUSICIAN 294606 0 0 0 545 0 11362 0 8146 0 314659 0 0 0 JOSHUA SMITH MUSICIAN 279626 0 0 0 701 0 13456 0 10340 0 304123 0 0 0 FRANK ROSENWEIN MUSICIAN 262605 0 0 0 545 0 11281 0 25193 0 299624 0 0 0 JAMES E MENGER ASST. TREASURER, CFO 236708 0 0 0 18279 0 11386 0 31686 0 298059 0 0 0 PART I, LINE 1A CHARTER TRAVEL: THE CLEVELAND ORCHESTRA, ON OCCASION, TRAVELS VIA CHARTER FLIGHTS WHEN NECESSARY TO FULFILL FOREIGN OR DOMESTIC TOUR CONCERT SCHEDULING REQUIREMENTS. CHARTER TRAVEL IS NOT INCLUDED IN TAXABLE COMPENSATION BECAUSE COMMERCIAL FLIGHTS ARE NOT ALWAYS AVAILABLE FOR DOMESTIC AND INTERNATIONAL TRAVEL. TRAVEL FOR COMPANIONS: THE PRESIDENT & CEO'S SPOUSE OCCASIONALLY TRAVELS WITH HIM ATTENDING CONCERTS AND OTHER TOUR SPECIFIC FUNCTIONS AT THE EXPENSE OF THE MUSICAL ARTS ASSOCIATION. COMPANION TRAVEL IS FOR BUSINESS PURPOSES AND THEREFORE NOT INCLUDED IN TAXABLE COMPENSATION OF THE PRESIDENT & CEO PER IRS REGULATIONS. PART I, LINE 4B ANDRE GREMILLET, PRESIDENT & CEO, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. IN 2019, HE VESTED IN $113,000 OF THAT PLAN'S BENEFIT, OF WHICH $81,342 HAD PREVIOUSLY BEEN REPORTED AS RETIREMENT AND OTHER DEFERRED COMPENSATION. AS A RESULT, THE TOTAL NEW COMPENSATION AND BENEFITS REPORTED FOR THE PERIOD IS $670,356. PART II COMPENSATION & FRINGE BENEFITS: THE COMPENSATION AND FRINGE BENEFITS LISTED FOR JAMES E. MENGER ARE ATTRIBUTABLE TO HIS STATUS AS A FULL-TIME EMPLOYEE OF THE MUSICAL ARTS ASSOCIATION. A COUNTY OF CUYAHOGA OHIO 346000817 232263KR3 2019-06-13 35657985 SEE SCH K, PART VI 0 0 0 A 35657985 506865 28150000 7001120 2004 1 0 0 1 A 0 0 1 1 0 0.03100 0.03100 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 SCHEDULE K, PART I, COLUMN (F) - DESCRIPTION OF PURPOSE OF BONDS PROCEEDS FROM THE COUNTY OF CUYAHOGA, OHIO ECONOMIC DEVELOPMENT REVENUE BONDS, SERIES 2019 BONDS (SERIES 2019 BONDS) WITH MATURITY DATES RANGING FROM JANUARY 1, 2029 THROUGH JANUARY 1, 2041, WERE USED TO (I) REFUND THE $28,150,000 SERIES 2003 BONDS, WHICH WERE DUE DECEMBER 1, 2028, AND (II) PAY COSTS OF ISSUANCE, AND WILL BE USED TO (III) PAY COSTS OF CERTAIN CAPITAL IMPROVEMENTS AT SEVERANCE HALL, THE MUSICAL ARTS ASSOCIATION'S CONCERT HALL AND PRINCIPAL OFFICES. THE PROCEEDS FROM THE SERIES 2003 BONDS WERE USED TO REDEEM COUNTY OF CUYAHOGA, OHIO ECONOMIC DEVELOPMENT REVENUE BONDS, SERIES 1998, WHICH WERE DUE APRIL 1, 2028. THE PROCEEDS FROM THE SERIES 1998 ISSUANCE FUNDED CERTAIN COSTS ASSOCIATED WITH THE RENOVATION, EXPANSION AND RESTORATION OF SEVERANCE HALL. JAMES E MENGER CFO SEE PT V - RETENTION FOR MULTI-YEAR PERIOD X 61250 56875 0 1 1 JAMES E MENGER CFO SEE PT V - RETENTION FOR MULTI-YEAR PERIOD X 61250 0 1 1 56875 X 114 1394245 COST/SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS MADE. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD MEMBERS HAVE FAMILY RELATIONSHIPS: ALFRED M. RANKIN, JR. AND CLARA T. RANKIN ALFRED M. RANKIN, JR. AND HELEN RANKIN BUTLER CLARA T. RANKIN AND HELEN RANKIN BUTLER CHARLES A. RATNER AND AUDREY GILBERT RATNER THE FOLLOWING BOARD MEMBERS HAVE BUSINESS RELATIONSHIPS: JEFFREY J. WEAVER, BETH E. MOONEY, AND ALEXANDER M. CUTLER DENNIS LABARRE AND ALFRED M. RANKIN, JR. RICHARD STOVSKY AND DANIEL P. WALSH RICHARD STOVSKY AND DAVID A. WOLFORT YUVAL BRISKER AND IRAD CARMI FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THE MUSICAL ARTS ASSOCIATION ("ASSOCIATION") CONSISTS OF TWO CLASSES: (1) VOTING MEMBERS AND (2) SUSTAINING MEMBERS. THE TERM "MEMBERS" SHALL REFER ONLY TO VOTING MEMBERS, UNLESS OTHERWISE SPECIFICALLY DESIGNATED. THE VOTING MEMBERS CONSIST OF INDIVIDUALS WHO, FROM TIME TO TIME, ARE SERVING AS THE TRUSTEES OF THE ASSOCIATION. SUSTAINING MEMBERS SERVE ANNUALLY FOR A TERM OF ONE YEAR ON THE BASIS OF HAVING PAID SUCH LEVEL OF ANNUAL FINANCIAL SUPPORT TO THE ASSOCIATION AS THE BOARD OF TRUSTEES MAY, FROM TIME TO TIME, PRESCRIBE. SUSTAINING MEMBERS SHALL BE ENTITLED TO NOTICE OF, AND TO ATTEND, THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7A THE VOTING MEMBERS SHALL EXERCISE ALL THE RIGHTS AND PRIVILEGES AND SHALL HAVE ALL THE RESPONSIBILITIES OF MEMBERS UNDER OHIO NONPROFIT CORPORATE LAW. ONLY VOTING MEMBERS SHALL BE COUNTED AS MEMBERS FOR VOTING AND QUORUM PURPOSES. SUSTAINING MEMBERS SHALL NOT BE COUNTED AS MEMBERS FOR VOTING AND QUORUM PURPOSES. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF TRUSTEES SHALL HAVE GENERAL SUPERVISION AND CHARGE OF THE PROPERTY, AFFAIRS AND FINANCES OF THE ASSOCIATION. THE BOARD OF TRUSTEES MAY EXERCISE ALL SUCH POWERS AND DO ALL SUCH THINGS AS MAY BE EXERCISED OR DONE BY THE ASSOCIATION, SUBJECT TO THE PROVISION OF LAW, THE ARTICLES OF INCORPORATION AND THE CODE OF REGULATIONS. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THE BOARD OF TRUSTEES SHALL HAVE THE FOLLOWING POWERS: (A) TO PURCHASE OR OTHERWISE ACQUIRE FOR THE ASSOCIATION ANY PROPERTY, RIGHTS OR PRIVILEGES THAT THE ASSOCIATION IS AUTHORIZED TO ACQUIRE, AT SUCH PRICES, ON SUCH TERMS AND CONDITIONS, AND FOR SUCH CONSIDERATION AS IT SHALL SEE FIT, (B) TO APPOINT, REMOVE OR SUSPEND, SUCH OFFICERS, AGENTS, AND EMPLOYEES AS IT SHALL SEE FIT, EITHER PERMANENTLY OR TEMPORARILY, TO TERMINATE THE DUTIES OF SUCH OFFICERS, AGENTS AND EMPLOYEES, TO CHANGE THE SALARIES OR EMOLUMENTS OF SUCH OFFICERS, AGENTS AND EMPLOYEES, (C) TO APPOINT ANY PERSON OR PERSONS TO ACCEPT OR HOLD IN TRUST FOR THE ASSOCIATION ANY PROPERTY BELONGING TO THE ASSOCIATION OR IN WHICH THE ASSOCIATION IS INTERESTED, OR FOR ANY OTHER PURPOSE, AND TO EXECUTE AND DO ALL SUCH DUTIES AND THINGS AS MAY BE REQUIRED IN RELATION TO ANY SUCH TRUST, (D) TO DETERMINE WHO SHALL BE AUTHORIZED TO SIGN, ON THE ASSOCIATION'S BEHALF, BILLS, NOTES, RECEIPTS, ACCEPTANCES, ENDORSEMENTS, CHECKS, LEASES, RELEASES, MORTGAGES, CONTRACTS AND OTHER DOCUMENTS, AND (E) TO PRESENT OR CAUSE TO BE PRESENTED TO EACH ANNUAL MEETING AND TO ANY SPECIAL MEETING, WHEN REQUIRED BY ANY RESOLUTION THEREOF, A FULL AND CLEAR STATEMENT OF THE AFFAIRS AND CONDITIONS OF THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B MAA FINANCE DEPARTMENT SUPPLIES ALL OF THE INFORMATION NECESSARY FOR RSM US LLP TO PREPARE A DRAFT FORM 990. THE FORM 990 IS THEN UPDATED FOR ANY AGREED UPON REVISIONS. THE UPDATED FORM 990 IS CIRCULATED TO THE AUDIT COMMITTEE, WITH ANY SUGGESTED REVISIONS THAT WEREN'T AGREED UPON SO NOTED. AT THE SAME TIME, THE MUSICAL ARTS ASSOCIATION TRUSTEES ARE NOTIFIED THAT THE DRAFT FORM 990, IN PUBLIC DISCLOSURE FORM, IS AVAILABLE FOR THEIR REVIEW. TRUSTEES ARE INVITED TO SUBMIT ANY COMMENTS THEY HAVE ON THE DRAFT FORM 990 TO FINANCE DEPARTMENT STAFF, WHO WILL SUMMARIZE AND DISTRIBUTE THEM TO THE AUDIT COMMITTEE. THE AUDIT COMMITTEE THEN MEETS AND REVIEWS AND DISCUSSES THE DRAFT FORM 990, INCLUDING THE COMPLETE SCHEDULE OF CONTRIBUTORS (SCHEDULE B), WITH MANAGEMENT AND RSM US LLP. ONCE FINAL, THE FORM 990, IN PUBLIC DISCLOSURE FORM, IS MADE AVAILABLE TO MUSICAL ARTS ASSOCIATION TRUSTEES, AND THEN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C VOTING MEMBERS, TRUSTEES AND COMMITTEE MEMBERS (COLLECTIVELY "TRUSTEES"), OFFICERS, AND SENIOR MANAGEMENT OF THE MUSICAL ARTS ASSOCIATION (ASSOCIATION) ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. DOCUMENTED PROCEDURES ARE IN PLACE FOR HANDLING POTENTIAL CONFLICTS OF INTEREST (1) WHEN A TRANSACTION OR ARRANGEMENT IS CONSIDERED BY THE BOARD OR A COMMITTEE AND (2) WHEN A TRANSACTION OR ARRANGEMENT IS CONSIDERED BY AN OFFICER OR SENIOR MANAGER. ALSO, PROCEDURES ARE IN PLACE FOR IDENTIFICATION OF POTENTIAL CONFLICTS OF INTEREST IN CONNECTION WITH MUSICAL ARTS ASSOCIATION TRANSACTIONS OR ARRANGEMENTS WITH TRUSTEES, OFFICERS, OR SENIOR MANAGERS (I.E. PARTIES-IN-INTEREST) WHERE THE FOLLOWING RELATIONSHIPS EXIST (1) PARTIES-IN-INTEREST ARE EMPLOYED BY OR HAVE A COMPENSATION RELATIONSHIP WITH THE PERSON OR ENTITY WITH WHICH THE ASSOCIATION HAS OR IS NEGOTIATING A TRANSACTION OR ARRANGEMENT, (2) PARTIES-IN-INTEREST SERVE IN THE CAPACITY OF DIRECTOR, TRUSTEE, OFFICER, MEMBER, MANAGER, COMMITTEE MEMBER, PARTNER, OR OTHER SIMILAR POSITION OF INFLUENCE WITH A FOR-PROFIT PERSON OR ENTITY WITH WHICH THE ASSOCIATION HAS OR IS NEGOTIATING A TRANSACTION OR ARRANGEMENT, AND (3) PARTIES-IN-INTEREST HAVE AN ACTUAL OR POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN A PERSON OR ENTITY WITH WHICH THE ASSOCIATION HAS OR IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. PARTIES-IN-INTEREST ARE REQUIRED TO SUBMIT TO THE ASSOCIATION AN ANNUAL STATEMENT ACKNOWLEDGING RECEIPT AND REVIEW OF THE CONFLICT OF INTEREST POLICY AND DISCLOSURE OF POTENTIAL CONFLICTS OF INTEREST. WHEN A TRUSTEE, OFFICER, OR SENIOR MANAGER IS PARTICIPATING IN THE CONSIDERATION OF A TRANSACTION OR OTHER ARRANGEMENT OF THE ASSOCIATION BY THE BOARD OF TRUSTEES OR A BOARD COMMITTEE, AND A POTENTIAL CONFLICT OF INTEREST EXISTS, WITH RESPECT TO SUCH TRANSACTION OR OTHER ARRANGEMENT, THE TRUSTEE, OFFICER, OR SENIOR MANAGER (1) SHALL DISCLOSE TO THE TRUSTEES OR COMMITTEE THEREOF CONSIDERING THE TRANSACTION OR OTHER ARRANGEMENT HIS OR HER POTENTIAL CONFLICT OF INTEREST, (2) SHALL PRESENT ANY RELEVANT INFORMATION TO THE TRUSTEES OR COMMITTEE THEREOF AND ANSWER ANY QUESTIONS POSED BY THEM, AND (3) SHALL EXCUSE HIMSELF OR HERSELF FROM THE MEETING FOR THE DISCUSSION AND VOTE BY THE DISINTERESTED TRUSTEES OR COMMITTEE MEMBERS ON THE TRANSACTION OR ARRANGEMENT AND ALL MATTERS RELATED THERETO. WHEN AN OFFICER OR A SENIOR MANAGER IS HANDLING A TRANSACTION OR OTHER ARRANGEMENT OF THE ASSOCIATION THAT WILL NOT BE PLACED BEFORE THE BOARD OR A BOARD COMMITTEE, AND THE OFFICER OR SENIOR MANAGER HAS A POTENTIAL CONFLICT OF INTEREST, THE OFFICER OR SENIOR MANAGER (1) SHALL DISCLOSE THE POTENTIAL CONFLICT OF INTEREST TO THE ASSOCIATION'S PRESIDENT & CEO, IN THE CASE OF A SENIOR MANAGER, OR TO THE EXECUTIVE COMMITTEE, IN THE CASE OF AN OFFICER, (2) SHALL PRESENT ANY RELEVANT INFORMATION TO, AND ANSWER ANY QUESTIONS POSED BY, THE PRESIDENT & CEO OR THE EXECUTIVE COMMITTEE, AND (3) SHALL NOT AUTHORIZE OR APPROVE SUCH TRANSACTION OR OTHER ARRANGEMENT, AND THE AUTHORIZATION OR APPROVAL SHALL BE UNDERTAKEN BY THE PRESIDENT & CEO OR THE EXECUTIVE COMMITTEE. WHEN THE SENIOR MANAGER WITH THE POTENTIAL CONFLICT IS THE PRESIDENT & CEO, THE FOREGOING PROCEDURES SHALL BE FOLLOWED EXCEPT THAT THE ASSOCIATION'S PRESIDENT SHALL ASSUME THE OVERSIGHT, AUTHORIZATION, AND APPROVAL OF THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION SUBCOMMITTEE FUNCTIONS AS A SUBCOMMITTEE OF THE PERSONNEL COMMITTEE AND SHALL EVALUATE ANNUALLY AND RECOMMEND PERIODICALLY THE COMPENSATION OF THE ASSOCIATION'S PRESIDENT & CEO AND MUSIC DIRECTOR. RESPONSIBILITIES INCLUDE EVALUATING THE PRESIDENT & CEO'S AND MUSIC DIRECTOR'S PERFORMANCE ANNUALLY, RECOMMENDING THE ANNUAL GOALS AND OBJECTIVES FOR THE PRESIDENT & CEO, SETTING THE PRESIDENT & CEO'S AND MUSIC DIRECTOR'S COMPENSATION AND ANY BONUS, AND RELYING UPON APPROPRIATE DATA AS TO COMPARABILITY (INCLUDING COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS FOR FUNCTIONALLY COMPARABLE POSITIONS) PRIOR TO MAKING ITS COMPENSATION DETERMINATION. THIS PROCESS WAS LAST UNDERTAKEN IN 2020. THE COMPENSATION SUBCOMMITTEE REVIEWS THE OVERALL COMPENSATION PROGRAM FOR THE SENIOR MANAGEMENT OF THE ASSOCIATION ESTABLISHED AND RECOMMENDED BY THE PRESIDENT & CEO. COMPENSATION AND ANY BONUSES ARE SET RELYING UPON APPROPRIATE DATA BASED ON COMPARABILITY (INCLUDING COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS FOR FUNCTIONALLY COMPARABLE POSITIONS). THIS PROCESS WAS LAST UNDERTAKEN IN 2020. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S AUDITED FINANCIAL STATEMENTS ARE MADE PUBLIC UPON REQUEST, FOR THE SAME PERIOD OF TIME AS SET FORTH IN THE INTERNAL REVENUE CODE SECTION 6104(D), TO GRANT-MAKING INSTITUTIONS AS PART OF THE GRANT APPLICATION REQUEST PROCESS. ADDITIONALLY, SUMMARY FINANCIAL INFORMATION IS INCLUDED IN THE ANNUAL REPORT. THE MUSICAL ARTS ASSOCIATION'S ARTICLES OF INCORPORATION ARE ON FILE WITH THE SECRETARY OF STATE IN OHIO. FORM 990, PART XI, LINE 9: PARTNERSHIP AND OTHER -8,182. PENSION PLAN LIABILITY ADJUSTMENT -8,580,463.