2020-03-04T12:25:07-06:00 2019-08-31 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2018-09-01 222479696 ROCKPORT MUSIC INC ROCK 9785467391 16 MAIN STREET ROCKPORT MA 01966 ANTHONY BEADLE PRESIDENT 9785467391 2020-03-03 1 JOSEPH GISO CPA P00030126 7819143400 2020-03-03 96.230.50.122 2020-03-03 10:43:59 ES P E748EB209E4A2515BC9FACA3F58B81BBBD7EBC63 E350B8A8E922C06DDE69A484890F7BCDEF589D2B 2018 2020-09-22 18:59:49Z X SUSANNE GUYER 16 MAIN STREET ROCKPORT MA 01966 7488853 0 X WWW.ROCKPORTMUSIC.ORG X 1982 MA PRESENT MUSICAL AND OTHER ARTISTIC PERFORMANCES; FOSTER APPRECIATION OF AND ACCESSIBILITY TO MUSIC AND OTHER PERFORMING ARTS THROUGH SCHOOL AND COMMUNITY EDUCATION PROGRAMS 26 26 40 248 142688 0 3890581 2935386 1866761 1929575 554394 166981 143876 48530 6455612 5080472 0 7000 0 0 1528836 1573284 0 0 703285 3245786 3346722 4774622 4927006 1680990 153466 31011683 31085057 3218671 3208201 27793012 27876856 X PRESENT MUSICAL AND OTHER ARTISTIC PERFORMANCES; FOSTER APPRECIATION OF AND ACCESSIBILITY TO MUSIC AND OTHER PERFORMING ARTS THROUGH SCHOOL AND COMMUNITY EDUCATION PROGRAMS 0 0 3537813 0 1940160 FOR OVER 35 YEARS, ROCKPORT MUSIC HAS BEEN COMMITTED TO ONE ENDURING PURPOSE-ENRICHING LIVES THROUGH GREAT MUSIC. AS OWNER AND OPERATOR OF THE STATE-OF-THE-ART, 330-SEAT SHALIN LIU PERFORMANCE CENTER (SLPC), ROCKPORT MUSIC IS LOCATED IN THE SCENIC SEAPORT VILLAGE OF ROCKPORT, MASSACHUSETTS AND PRESENTS MORE THAN 155 EXCEPTIONAL MUSICAL PERFORMANCES AND EVENTS YEAR ROUND. INCLUSIVE IN THAT NUMBER IS: THE ROCKPORT CHAMBER MUSIC FESTIVAL, WHICH HOSTS OVER 20 TICKETED PERFORMANCES AND A SIMILAR NUMBER OF FREE PUBLIC CONCERTS AND PRESENTATIONS, INCLUDING "POP UP" CONCERTS, IN FIVE WEEKS DURING JUNE AND JULY EACH YEAR; THE ROCKPORT JAZZ FESTIVAL; THE ROCKPORT CELTIC FESTIVAL AND LIVE HD BROADCASTS OF THE METROPOLITAN OPERA, THE NATIONAL THEATER OF ENGLAND AND THE BOLSHOI BALLET. ADDITIONALLY, A LARGE NUMBER OF POPULAR, FOLK AND WORLD MUSIC CONCERTS FILLS OUT THE REST OF OUR 52-WEEK SEASON, WHICH ATTRACTS OVER 37,000 PATRONS EACH YEAR. 281215 7000 26194 ROCKPORT MUSIC IS DEDICATED TO FOSTERING AN APPRECIATION OF MUSIC THROUGH ACCESSIBLE PROGRAMS FOR PEOPLE OF ALL AGES. OUR 80-PLUS EDUCATIONAL ENRICHMENT PROGRAMS ARE CENTRAL TO THIS MISSION AND REACH NEARLY 10,000 CHILDREN AND ADULTS EACH YEAR. THE PROGRAMS INCLUDE 7 SCHOOL RESIDENCIES PRESENTED IN 26 SCHOOL PROGRAMS, OUTREACH TO DIVERSE AUDIENCES, INCLUDING THE AUTISTIC COMMUNITY AT DIFFERENT FACILITIES AND ORGANIZATIONS AROUND CAPE ANN, FREE FAMILY AND COMMUNITY CONCERTS, PRE-CONCERT LECTURES, OPEN REHEARSALS AND ADULT EDUCATION CLASSES. 3819028 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 91 0 1 40 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 0 0 MA X X X ANTHONY BEADLE 9785467391 16 MAIN STREET ROCKPORT MA 01966 NINA DOGGETT TRUSTEE 0.50 X 0 0 0 JERRY HAUSMAN TRUSTEE 0.50 X 0 0 0 ALLAN H COHEN TRUSTEE 0.50 X 0 0 0 SUSAN WAGNER TRUSTEE 0.50 X 0 0 0 PHILIP CUTTER TRUSTEE 0.50 X 0 0 0 PAMELA THEISEN MORSS TRUSTEE 0.50 X 0 0 0 NAOMI R STONBERG TRUSTEE 0.50 X 0 0 0 WILLIAM E TAYLOR TRUSTEE 0.50 X 0 0 0 STEVE LINDO TRUSTEE 0.50 X 0 0 0 RUTH S SHANE TRUSTEE 0.50 X 0 0 0 FRANK PREVITE TRUSTEE 0.50 X 0 0 0 FRANK E BERSON TRUSTEE 0.50 X 0 0 0 MARGARET ZIERING TRUSTEE 0.50 X 0 0 0 RICHARD TENNANT TRUSTEE 0.50 X 0 0 0 PETER WERNAU TRUSTEE 0.50 X 0 0 0 ROBERT J CASSIDY MD TRUSTEE 0.50 X 0 0 0 GLENN ALTO TRUSTEE 0.50 X 0 0 0 SANDRA JESSE TRUSTEE 0.50 X 0 0 0 PATRICIA PETROU TRUSTEE 0.50 X 0 0 0 DAVID W SCUDDER TRUSTEE 0.50 X 0 0 0 LINDA WALKER TRUSTEE 0.50 X 0 0 0 SUSANNE GUYER CHAIR 2.00 X X 0 0 0 GARTH GREISMANN VICE-CHAIR 1.00 X X 0 0 0 STEPHEN M BELL VICE-CHAIR 1.00 X X 0 0 0 DAVID SWEET TREASURER 1.00 X X 0 0 0 JEANNIE MCINTYRE CLERK 1.00 X X 0 0 0 ANTHONY BEADLE EXECUTIVE DIRECTOR 40.00 X 187356 0 4244 187356 0 4244 1 0 1 0 0 269661 2665725 32358 2935386 EVENT REVENUE 711300 1650148 1650148 0 0 MERCHANDISE & CONCESSIONS 711300 128972 79844 49128 0 HD AND FILM 711300 124261 124261 0 0 OUTREACH AND EDUCATION 711300 26194 26194 0 0 1929575 201516 201516 179467 0 179467 179467 85907 93560 2239179 2273714 -34535 -34535 -34535 3730 269661 134667 -130937 -130937 5080472 1966354 142688 36044 7000 7000 195686 127196 15655 52835 1156826 742099 87343 327384 105965 56238 16019 33708 114807 69445 9516 35846 28806 2593 23909 2304 20850 1877 17306 1667 73049 6912 60358 5779 265262 255822 90 9350 40784 12338 23869 4577 87973 64527 14510 8936 305990 261407 28685 15898 7410 5188 2222 103904 48484 30640 24780 511843 451954 35776 24113 74132 52694 12428 9010 CONCERT EXPENSES 1384264 1384222 0 42 CAMPAIGN EXPENSES - IN 88187 88187 BANK SERVICE CHARGES 69569 61964 394 7211 MEALS, BAR & MERCHANDIS 65422 65177 245 0 219277 147079 22762 49436 4927006 3819028 404693 703285 182902 65485 438944 393024 3775639 1810270 4424 3688 128799 138197 22505957 4324349 18400386 18181608 8080589 10492785 31011683 31085057 229435 301663 369121 378944 2620115 2527594 3218671 3208201 X 16202685 15961076 6868760 3980621 4721567 7935159 27793012 27876856 31011683 31085057 153466 -69622 0 X X 0 1 X 1 0 X 2980591 4045420 7884193 3890581 2847199 21647984 1651475 1797668 1733974 1866761 1929575 8979453 4632066 5843088 9618167 5757342 4776774 30627437 100000 870000 282666 1252666 1042511 1107760 4225969 1522701 448385 8347326 1142511 1977760 4225969 1522701 731051 9599992 21027445 106703 411189 698270 384713 1600875 106703 411189 698270 384713 1600875 4632066 5949791 10029356 6455612 5161487 32228312 0.65250 0.95700 0.04970 0.04290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5007146 4023024 109231 945091 8194310 10393770 770583 543508 6700715 5007146 4249735 6176604 314894 347463 10393770 1631102 2535503 158965 75835 4249735 648504 1035098 -21300 31200 1631102 0.01250 0.65770 0.32980 0 0 2444479 2444479 18743160 4008079 14735081 975005 47180 927825 155039 143037 12002 188274 126053 62221 18181608 X 5145517 -69622 134667 65045 5080472 0 5080472 5061673 134667 134667 4927006 0 4927006 PART X, LINE 2: THE ORGANIZATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. INCOME RELATED TO THESE PURPOSES IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNRELATED BUSINESS INCOME WOULD BE TAXABLE ACCORDING TO APPLICABLE INTERNAL REVENUE CODE SECTIONS. THE PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN COMPUTED ON RENTAL INCOME AND RELATED CONCESSION SALES THAT ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX. THE ORGANIZATION REGULARLY REVIEWS AND EVALUATES ITS TAX POSITIONS TAKEN IN ITS FILED RETURNS AND RECOGNIZES THE BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WOULD BE SUSTAINED UPON AUDIT BASED SOLELY ON THE TECHNICAL MERITS OF THE TAX POSITION. THE ORGANIZATION ACCRUES INTEREST AND PENALTIES ON UNCERTAIN TAX POSITIONS AS A COMPONENT OF THE PROVISION FOR INCOME TAXES. THE ORGANIZATION FILES FEDERAL AND MASSACHUSETTS TAX RETURNS. THE STATUTE OF LIMITATIONS FOR THESE JURISDICTIONS IS GENERALLY THREE YEARS. THE ORGANIZATION HAD NO RETURNS UNDER EXAMINATION AS OF AUGUST 31, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES PT III, LINE 4: THE ENDOWMENT CONSISTS OF PERMANENTLY AND TEMPORARILY RESTRICTED NET ASSETS AS WELL AS BOARD DESIGNATED UNRESTRICTED NET ASSETS. FUNDS ARE INVESTED IN ACCORDANCE WITH THE ORGANIZATION'S INVESTMENT POLICY AND FUNDS ARE RELEASED TO SUPPORT THE VARIOUS PROGRAMS OF THE ORGANIZATION SUMMER GALA 273191 269461 3730 134667 273191 269461 3730 134667 134667 -130937 1 ROCKPORT MUSIC BOARD OF TRUSTEES SCHOLARSHIP - MUSIC SCHOLARSHIPS. 1 7000 0 FMV PART I, LINE 2: ROCKPORT MUSIC BOARD OF TRUSTEES SCHOLARSHIP - THE ORGANIZATION HAS A SELECTION PROCESS WHICH FOCUSES ON FUNDING INDIVIDUALS INDENTIFIED THROUGH THE EDUCATION PROGRAM. THE SCHOLARSHIPS ARE AWARDED TO STUDENTS MAJORING OR MINORING IN MUSIC AT AN ACCREDITED COLLEGE OR CONSERVATORY WHO EXHIBIT A PASSION FOR MUSIC, HIGH ACADEMIC ACHIEVEMENT, AND PARTICIPATE IN SCHOOL/COMMUNITY MUSIC PROGRAMS. DURING THE REVIEW PROCESS, THE ORGANIZATION DETERMINES A NUMBER OF QUALIFIED AND TALENTED STUDENTS THAT WOULD BENEFIT TREMENDOUSLY FROM THIS FUND FOR THEIR EXEMPLARY MUSIC ABILITIES. ALL POTENTIAL INDIVIDUALS MUST SUBMIT AN APPLICATION. ALL APPLICATIONS ARE REVIEWED AND FULLY RESEARCHED. ALL SCHOLARSHIPS ARE APPROVED BY THE SCHOLARSHIP SELECTION COMMITTEE CONSISTING OF ROCKPORT MUSIC'S DIRECTOR OF EDUCATION AND OUTREACH, THE EXECUTIVE DIRECTOR AND A MEMBER OF THE ROCKPORT ELEMENTARY SCHOOL MUSIC FACULTY. 1 X X 0 0 0 0 0 0 0 0 0 ANTHONY BEADLE EXECUTIVE DIRECTOR 187356 0 0 0 0 0 0 0 4244 0 191600 0 0 0 X LODGING & TRANSPORTATION 1 32358 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B SENIOR MANAGEMENT AND THE AUDIT COMMITTEE RECEIVES A COMPLETED DRAFT FORM 990 (WITHOUT SCHEDULE B) TO REVIEW AND SUBMITS COMMENTS AND QUESTIONS TO THE ACCOUNTANTS WHO PREPARE THE RETURN. ONCE THE QUESTIONS ARE ADEQUATELY ANSWERED AND ARE APPROVED BY AUDIT COMMITTEE, A COMPLETE COPY OF FORM 990 (WITHOUT SCHEDULE B) IS THEN SUBMITTED ELECTRONICALLY TO MEMBERS OF THE ORGANIZATION'S GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH ADEQUATE TIME TO REVIEW THE PREPARED FORM 990 AND PROVIDE COMMENTS. ANY COMMENTS ARE THEN PROVIDED TO THE CHIEF FINANCIAL OFFICER WHO GROUPS AND SUMMARIZES COMMENTS AND IS RESPONSIBLE FOR FILING THE RETURN. ANY ISSUES ARE DOCUMENTED AND ADDRESSED. THE RETURN IS THEN FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C POLICY IS REVIEWED AT LEAST ANNUALLY WITH THE BOARD FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWED THE EXECUTIVE DIRECTOR'S PERFORMANCE IN CONNECTION WITH PREVIOUSLY ESTABLISHED GOALS ALONG WITH REVIEWING HIS ACCOMPLISHMENTS RELATIVE TO HIS THEN CURRENT SALARY AND MARKET CONDITIONS. BASED UPON THIS REVIEW, THE EXECUTIVE COMMITTEE PRESENTED ITS ASSESSMENT AND RECOMMENDED COMPENSATION ADJUSTMENTS TO THE BOARD IN EXECUTIVE SESSION, FOR ITS APPROVAL. IN ADDITION, THE CHAIR OF THE HUMAN RESOURCES COMMITTEE SOLICITED COMMENTS ON THE EXECUTIVE DIRECTOR'S PERFORMANCE FROM ALL BOARD MEMBERS. BASED ON ALL OF THE PROCEEDING FEEDBACK, THE BOARD CHAIR AND THE HUMAN RESOURCES CHAIR MET WITH THE EXECUTIVE DIRECTOR FOR HIS FORMAL REVIEW, INCLUDING PRESENTATION OF HIS SALARY ADJUSTMENT. FORM 990, PART VI, SECTION C, LINE 18 IN ADDITION, FORMS 990 AND 1023 AS WELL AS THE FINANCIAL STATEMENTS AND CONFLICTS OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANZIATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON REQUEST; GUIDESTAR.ORG; MASS. ATTORNEY GERNAL WEBSITE -HTTP://WWW.CHARITIES.AGO.STATE.MA.US/CHARITIES/ AND OTHER SIMILAR TYPES OF WEBSITES. FORM 990, PAGE 12, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.