2020-07-14T10:58:04-05:00 2019-08-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PLACE SUITE 300 MADISON WI 537133074 990 2018-09-01 390915050 WISCONSIN CONSERVATORY OF MUSIC INC WISC 4142765760 1584 N PROSPECT AVE MILWAUKEE WI 532026501 ERIC TILLICH PRESIDENT/CEO 4142765760 2020-07-09 1 JENNY TARKOWSKI CPA P00634290 6082744020 66.222.124.178 2020-07-09 11:43:43 CD P 280B83802B97FB5DC9278DE9588E6B4DA9B6F3E7 74B0C536FBDEA54BE69F712409E5EA3D5A3AE8D3 2018 2020-09-23 17:36:50Z ERIC TILLICH 1584 N PROSPECT AVE MILWAUKEE WI 532026501 4638920 0 X WWW.WCMUSIC.ORG X 1899 WI INSPIRING INDIVIDUALS AND COMMUNITIES THROUGH EXCEPTIONAL MUSIC EDUCATION, ACCESSIBLE TO ALL. 21 21 139 35 0 0 4299899 1959630 2163945 2467803 51865 187487 -2910 3424 6512799 4618344 0 0 0 0 2357291 2628392 6000 61611 543743 768423 1080676 3131714 3770679 3381085 847665 9014116 9987083 293829 401101 8720287 9585982 INSPIRING INDIVIDUALS AND COMMUNITIES THROUGH EXCEPTIONAL MUSIC EDUCATION, ACCESSIBLE TO ALL. 0 0 2092898 0 1189847 THE WISCONSIN CONSERVATORY OF MUSIC STRIVES TO PROVIDE THE FINEST MUSIC EDUCATION EXPERIENCE FOR BOTH PROFESSIONALS AND BEGINNERS ALIKE. WITH 120 YEARS OF EXPERIENCE, FOUR BRANCH LOCATIONS AND A HIGHLY KNOWLEDGEABLE FACULTY, WE HAVE THE SKILLS TO HELP OUR STUDENTS EXCEL AND REACH THEIR FULL POTENTIAL. THE CONSERVATORY OF MUSIC SEEKS TO PROVIDE A CONTINUUM OF LEARNING FOR OUR STUDENTS. THE PATHWAY BEGINS WITH EARLY CHILDHOOD MUSIC EXPLORATIONS, AND CONTINUES THROUGH DISCOVERIES CLASSES, CLASSES FOR KIDS AND THEN ON TO INDIVIDUAL INSTRUCTION, CHAMBER GROUPS, ENSEMBLES, AND CAMPS. 724808 0 1277956 CONSERVATORY CONNECTIONS DELIVERS MUSIC PROGRAMS, CURRICULUM AND CLASSROOM SUPPORT TO MANY PUBLIC, PRIVATE, CHARTER AND CHOICE SCHOOLS IN THE METRO-MILWAUKEE AREA, AS WELL AS COMMUNITY-BASED SERVICE ORGANIZATIONS THROUGHOUT GREATER MILWAUKEE. OUR FACULTY TRAVEL TO CLASSROOMS WITH WORKSHOPS, CLINICS AND FULL ACADEMIC YEAR MUSIC PROGRAMMING. 2817706 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 139 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 WI X THE ORGANIZATION 4142765760 1584 N PROSPECT AVE MILWAUKEE WI 532026501 HENRY HERZING CHAIRMAN 1.00 X X 0 0 0 JACK MILLER VICE CHAIRMAN 1.00 X X 0 0 0 DAVID HOOVER SECOND VICE CHAIR 1.00 X X 0 0 0 BENJAMIN PAVLIK TREASURER 1.00 X X 0 0 0 ULRICH BROECKEL MD TRUSTEE 1.00 X 0 0 0 TOM LACY TRUSTEE 1.00 X 0 0 0 ALAN GIUFFRE TRUSTEE 1.00 X 0 0 0 ARVIND GOPALRATNAM TRUSTEE 1.00 X 0 0 0 ULICE PAYNE JR TRUSTEE 1.00 X 0 0 0 SUZANNE HERZING TRUSTEE 1.00 X 0 0 0 TRENT JOHNSON TRUSTEE 1.00 X 0 0 0 JUDITH MCGREGOR TRUSTEE 1.00 X 0 0 0 BRIAN LYNCH TRUSTEE 1.00 X 0 0 0 WILLIAM BONIFAS TRUSTEE 1.00 X 0 0 0 KURT THOMAS TRUSTEE 1.00 X 0 0 0 KIMBERLY WALKER TRUSTEE 1.00 X 0 0 0 WENDELL WILLIS TRUSTEE 1.00 X 0 0 0 JAMES HOLTZ TRUSTEE 1.00 X 0 0 0 MASON KHAN TRUSTEE 1.00 X 0 0 0 CHRISTOPHER NOLTE TRUSTEE 1.00 X 0 0 0 MICHAEL ARNOW TRUSTEE 1.00 X 0 0 0 ERIC TILLICH PRESIDENT/CEO 40.00 X 162700 0 17810 162700 0 17810 1 0 1 0 0 69945 68863 1820822 1959630 CONTRACTS AND PROGRAM 611600 1277956 1277956 TUITION AND FEES 611600 1189847 1189847 2467803 187487 187487 24000 69945 20576 3424 3424 4618344 2467803 0 190911 192218 76887 76887 38444 2124775 1806597 23136 295042 31549 25646 1362 4541 116072 94355 5011 16706 163778 133135 7070 23573 97519 97519 61611 61611 25223 25223 196494 131465 43530 21499 35979 33839 2140 187650 122947 25310 39393 19172 15337 3068 767 269922 230754 28922 10246 29453 15263 8375 5815 829 829 175366 161336 7015 7015 BAD DEBT EXPENSE 21003 17052 3951 DUES AND SUBSCRIPTIONS 11242 3984 5082 2176 MISCELLANEOUS 10824 10824 3770679 2817706 409230 543743 151735 102156 1287 928 1945141 335896 23716 122755 43407 43660 5853026 2921526 3017488 2931500 3831342 6444501 0 5687 9014116 9987083 40438 108707 253391 292394 293829 401101 X 7081540 7644054 748036 958726 890711 983202 8720287 9585982 9014116 9987083 847665 18030 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 947708 92491 17444 22756 1034887 899449 3500 68580 23821 947708 848952 4272 80809 34584 899449 837943 4925 48748 42664 848952 893970 8000 -11557 52470 837943 0.00000 0.95010 0.04990 0 0 232675 232675 3829278 1679546 2149732 1791073 1241980 549093 2931500 4631727 18030 -25223 -7193 4638920 -20576 -20576 4618344 3766032 20576 20576 3745456 25223 25223 3770679 PART V, LINE 4: THE INTENT OF THE CONSERVATORY'S ENDOWMENT FUND IS TO PROVIDE ADDITIONAL REVENUE TO CONSERVATORY PROGRAMS AND STUDENTS WHILE PRESERVING THE PRINCIPAL OR CORPUS OF THE GIFT, CREATING A FUNDING STREAM IN PERPETUITY. MANY INDIVIDUALS AND FAMILIES HAVE ESTABLISHED A NAMED FUND WITHIN THE ENDOWMENT FUND TO HONOR OR MEMORIALIZE LOVED ONES AND DESIGNATED THE PROCEEDS TOWARDS A PARTICULAR AREA OF STUDY OR INSTRUMENT. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES REPORTED ON FORM 990, PART IX, LINE 11F -25,223. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -20,576. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 20,576. 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 WISCONSIN CONSERVATORY OF MUSIC IS A MEMBER OF THE NATIONAL GUILD FOR COMMUNITY ARTS EDUCATION AND AS PART OF THAT ORGANIZATION IT IS COMMITTED TO SERVING ALL STUDENTS REGARDLESS OF AGE, SEX, GENDER, RACE, RELIGION, NATIONAL AND ETHNIC ORIGIN, SEXUAL ORIENTATION, ABILITY, OR FINANCIAL CIRCUMSTANCES. THE CONSERVATORY IS CURRENTLY FOLLOWING A RACIALLY NONDISCRIMINATORY POLICY; HOWEVER, IT DOES NOT PUBLICIZE ITS POLICY USING NEWSPAPER OR BROADCAST MEDIA. THE CONSERVATORY IS CURRENTLY WORKING TO REMEDY THIS MATTER. X X X 1 TER MOLEN WATKINS & BRANDT LLC 2 NORTH RIVERSIDE PLAZA SUITE 103 CHICAGO IL 60606 FUNDRAISING FOR CAPITAL CAMPAIGN 0 0 61611 0 61611 WI ANNUAL GALA 93945 69945 24000 2000 14942 2239 1395 93945 69945 24000 2000 14942 2239 1395 20576 3424 SCHEDULE G, PART I, LINE 2B, COLUMN (V) PAYMENTS MADE FOR SERVICES RENDERED IN CONNECTION WITH CAPITAL CAMPAIGN AND REIMBURSEMENT FOR TRAVEL AND SUPPLIES EXPENSES THAT WERE RELATED. 0 0 0 0 0 0 0 0 0 ERIC TILLICH PRESIDENT/CEO 162700 0 0 0 0 0 5049 0 12761 0 180510 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 HENRY HERZING AND SUZANNE HERZING HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE CHAIRMAN, THE PRESIDENT/CEO, AND THE TREASURER BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE MEMBERS OF THE GOVERNING BODY OR A DESIGNATED COMMITTEE DETERMINE THE PRESIDENT/CEO'S COMPENSATION. ANY PERSON WITH A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED. BEFORE MAKING A DETERMINATION, DATA PUBLISHED BY THE NATIONAL GUILD FOR COMMUNITY ARTS EDUCATION AND BY THE NONPROFIT CENTER OF MILWAUKEE AND OTHER PERTINENT INFORMATION IS CONSULTED. THE COMPENSATION ARRANGEMENT IS REVIEWED, BENCHMARKED, AND APPROVED, AND DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT ARE DOCUMENTED IN THE MINUTES OF THE MEETINGS OF THE GOVERNING BODY. THIS PROCESS WAS LAST UNDERTAKEN IN MARCH 2013. FORM 990, PART VI, SECTION C, LINE 19 THE CONSERVATORY INCLUDES A FINANCIAL OVERVIEW IN ITS ANNUAL REPORT THAT IS DISTRIBUTED TO DONORS AND IS ALSO AVAILABLE ON THE CONSERVATORY'S WEBSITE. THE CONSERVATORY ALSO MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.