2020-05-06T14:45:13-05:00 2019-09-30 131610809 FRIEDMAN LLP 2000 MARKET STREET SUITE 500 PHILADELPHIA PA 19103 990 2018-10-01 030186612 MARLBORO SCHOOL OF MUSIC INC MARL 2155694690 1528 WALNUT STREET NO 301 PHILADELPHIA PA 19102 PHILIP MANEVAL ASSISTANT TREASURER 2155694690 2020-05-05 1 DENISE MCKNIGHT P01063588 2154969200 2020-05-04 100.11.58.221 2020-05-05 09:05:49 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 8B95AC9A003F024702B02CEAEBAC0DEE01E5A5AE 2018 2020-09-23 17:36:50Z CHRISTOPHER SERKIN 1528 WALNUT STREET NO 301 PHILADELPHIA PA 19102 6664848 0 X WWW.MARLBOROMUSIC.ORG X 1951 VT TO DEVELOP MUSICAL LEADERS THROUGH A COMMUNITY DEVOTED TO THE EXPLORATION OF CHAMBER MUSIC. 30 30 35 50 0 0 1967173 3732709 735855 734372 3162300 1710273 19851 7298 5885179 6184652 454500 454125 0 0 969881 1001928 0 0 139799 2347554 2136838 3771935 3592891 2113244 2591761 73820078 77206790 1232122 1003103 72587956 76203687 THE ORGANIZATION IS AN ADVANCED STUDY CENTER FOR THE ARTISTIC DEVELOPMENT OF FUTURE MUSICAL LEADERS THROUGH A FOCUS ON THE INTENSIVE EXPLORATION OF CHAMBER MUSIC. 0 0 2826332 454125 644657 SUMMER INSTITUTE FOR THE ADVANCED STUDY OF CHAMBER MUSIC WITH 70-100 PARTICIPANTS EACH YEAR. MARLBORO ALSO OFFERS CONCERTS FOR THE BENEFIT OF THE PUBLIC. 183097 89715 MUSICIANS FROM THE MARLBORO TOURING PROGRAM PROVIDE TOURING OPPORTUNITIES FOR APPROXIMATELY 25 TALENTED YOUNG MUSICIANS WHO PERFORM IN PUBLIC CONCERTS AROUND THE COUNTRY. 3009429 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 88 0 1 35 1 0 0 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 1 0 PA X MARIANNE TIERNEY 2155694690 1528 WALNUT STREET NO 301 PHILADELPHIA PA 19102 MR CHRISTOPHER SERKIN PRESIDENT & CHAIRMAN 6.00 X X 0 0 0 MR WILLIAM H ROBERTS TREASURER & VICE PRESIDENT 4.00 X X 0 0 0 SUSAN S RAI ESQ CLERK & VICE PRESIDENT 2.00 X X 0 0 0 MR PETER A BENOLIEL DIRECTOR 0.30 X 0 0 0 MR ANTHONY BERNER DIRECTOR 0.30 X 0 0 0 DR CAROL CHRIST DIRECTOR 0.30 X 0 0 0 DR EILEEN TATE CLINE DIRECTOR 0.30 X 0 0 0 MR WILLEM VAN EEGHEN DIRECTOR 0.30 X 0 0 0 MS BARBARA E FIELD DIRECTOR 0.30 X 0 0 0 MR DANIEL B GINSBERG DIRECTOR 0.30 X 0 0 0 MRS BARBARA WINTER GLAUBER DIRECTOR 0.30 X 0 0 0 MS CAROL COLBURN GRIGOR DIRECTOR 0.30 X 0 0 0 JUDITH W HURTIG DIRECTOR 0.30 X 0 0 0 MRS MARTA CASALS ISTOMIN DIRECTOR 0.30 X 0 0 0 MR ROBERT W JONES DIRECTOR 0.30 X 0 0 0 MAXIMILIAN W KEMPNER ESQ DIRECTOR (TO 7/27/19) 0.30 X 0 0 0 MRS SYLVIA MARX DIRECTOR 0.30 X 0 0 0 MS ELIZABETH MEYER DIRECTOR 0.30 X 0 0 0 MS PHYLLIS J MILLS DIRECTOR 0.30 X 0 0 0 MR EDWARD A MONTGOMERY JR DIRECTOR 0.30 X 0 0 0 MR LESTER S MORSE JR DIRECTOR 0.30 X 0 0 0 MR MICHAEL POLLACK DIRECTOR 0.30 X 0 0 0 ANGELICA ZANDER RUDENSTINE DIRECTOR 0.30 X 0 0 0 DR LUISA M SAFFIOTTI DIRECTOR 0.30 X 0 0 0 MS ANNE-MARIE SOULLIERE DIRECTOR 0.30 X 0 0 0 MR STEPHEN STAMAS DIRECTOR 0.30 X 0 0 0 MR HARVEY TRAISON DIRECTOR 0.30 X 0 0 0 MR CHRISTOPH WOLFF DIRECTOR 0.30 X 0 0 0 MARSHA GRAY DIRECTOR 0.30 X 0 0 0 DR STEPHEN J GREENBLATT DIRECTOR 0.30 X 0 0 0 DAPHNE KEMPNER DIRECTOR (START 7/27/19) 0.30 X 0 0 0 PHILIP MANEVAL ASSISTANT TREASURER 30.00 X 104588 0 15148 MILES COHEN ASSISTANT TREASURER 30.00 X 73566 0 12162 178154 0 27310 1 0 0 0 COURTLAND CONSTRUCTION PO BOX 38 WEST CHESTERFIELD NH 03466 CONTRACTOR 1954920 HAMMEL GREEN AND ABRAHMSON INC PO BOX 86 MINNEAPOLIS MN 55486 ARCHITECTURAL SERVICES 1074827 MARLBORO COLLEGE PO BOX 801 BRATTLEBORO VT 05302 LEASEHOLDER 395545 STATE OF VERMONT 133 STATE STREET MONTPELIER VT 05633 PROJECT PERMITS 172421 TIAA-CREF PO BOX 933326 ATLANTA GA 31193 EMPLOYEE PENSION 162104 8 35000 3697709 3732709 TUITIONS 611600 459275 459275 SUMMER TICKET SALES 711130 180455 180455 MUSIC FROM MARLBORO CONCERTS 711190 89715 89715 CD, BOOK & POSTER SALES 711190 4927 4927 734372 1375216 1375216 42588 35290 7298 7298 7298 779963 444906 335057 335057 335057 6184652 734372 0 1717571 454125 454125 205116 128109 77007 540012 363405 90153 86454 51484 33947 9217 8320 146630 95216 32765 18649 58686 38764 12860 7062 17563 17563 15880 15880 7456 7456 67151 67151 84741 30507 46607 7627 222272 192123 30149 279885 246299 33586 73602 51521 22081 FACULTY, INVITED, GUEST 416589 416589 OTHER SCHOOL EXPENSES 307128 276546 30582 MUSICIANS FROM MARLBORO 183097 183097 SUMMER FACILITY EXPENSE 162772 162772 298702 269258 17757 11687 3592891 3009429 443663 139799 200 250 533204 202712 120751 686108 14402 20161 10265527 2120096 4915733 8145431 66816696 66666727 1419092 1485401 73820078 77206790 122152 115317 8076 12234 1101894 875552 1232122 1003103 X 13718383 54373853 38915644 1867566 19953929 19962268 72587956 76203687 73820078 77206790 2591761 1023970 0 X X 0 1 X 1 0 X 884353 1914285 1397845 1967173 3732709 9896365 884353 1914285 1397845 1967173 3732709 9896365 2525470 7370895 925632 1088723 1246186 1417804 4678345 14574710 3691972 0.50570 0.49640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53159832 308624 7086866 1970000 58585322 50053200 260408 4953204 2106980 53159832 46828468 68623 5164659 2008550 50053200 44524536 50506 4225872 1972446 46828468 46066272 174987 248358 1965081 44524536 0.34070 0.65930 0 0 239184 239184 4504187 1114001 3390186 1354987 809939 545048 217457 196156 21301 3949712 3949712 8145431 MUTUAL FUNDS: EQUITY SECURITIES 36951371 F MUTUAL FUNDS: FIXED INCOME SECURITIES 29715356 F 66666727 CHARITABLE GIFT ANNUITY 875552 875552 X 6792774 1023970 10443 35290 1069703 5723071 7456 454125 461581 6184652 3177043 10443 35290 45733 3131310 7456 454125 461581 3592891 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS' PRINCIPAL IS TO BE MAINTAINED AS PRESCRIBED BY THE DONOR AND INVESTED. INCOME EARNED ARE INTENDED TO SUPPORT CURRENT OPERATIONS. PART X, LINE 2: MANAGEMENT OF THE ORGANIZATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR UPON EXAMINATION BY TAX AUTHORITIES, INCLUDING CHANGES TO THE ORGANIZATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE ORGANIZATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS SUBJECT TO THE UNRELATED BUSINESS INCOME TAX THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 35,290. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION EXPENSE 454,125. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 35,290. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION EXPENSE 454,125. 0 SCHOLARSHIPS 47 454125 PART I, LINE 2: SCHOLARSHIP FUNDS ARE NEVER CASHED TO PARTICIPANTS. THE ORGANIZATION ENTERS A GL JOURNAL ENTRY EACH YEAR, TO SHOW THE CALCULATED AMOUNT OF "TUITION, ROOM AND BOARD (TRB)" TO SHOW HOW WE FUND THE SUMMER PROGRAM. GRANTS ARE AWARDED TO MUSICIANS IN THE FORM OF SCHOLARSHIPS TO ATTEND THE SUMMER PROGRAM. NO GRANT FUNDS ARE ADMINISTERED. FORM 990, PART VI, SECTION A, LINE 8B ONLY SOME COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY CONTEMPORANEOUSLY DOCUMENTED THE MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE BUSINESS MANAGER COMPARES THE FORM 990 TO THE ENTITY'S UNDERLYING RECORDS AND ITS AUDITED FINANCIALS. ONCE SATISFIED AS TO THE COMPLETENESS AND ACCURACY OF THE FORM 990, SHE PROVIDES THE FORM 990 TO THE AUDIT COMMITTEE CHAIR. THE AUDIT COMMITTEE CHAIR WILL THEN PRESENT A DRAFT OF THE FORM 990 TO THE BOARD FOR REVIEW AND APPROVAL, PRIOR TO FINALIZING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE CLERK OF THE BOARD OF DIRECTORS REVIEWS ANNUAL BOARD QUESTIONNAIRES FOR POTENTIAL CONFLICTS. ANY CONFLICTS ARE TAKEN TO THE BOARD FOR DISCUSSION AND THE DIRECTOR WITH THE CONFLICT IS PRECLUDED FROM ANY DIALOGUE REGARDING SAID CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 MANAGEMENT, THE BOARD CHAIRMAN AND THE PERSONNEL COMMITTEE REVIEW AND DETERMINE ANY CHANGES TO COMPENSATION. THE PERSONNEL COMMITTEE USES COMMON MARKET STANDARDS AS REFERENCE. THIS PROCESS WAS LAST UNDERTAKEN IN FALL 2019. FORM 990, PART VI, SECTION C, LINE 19 THE BUSINESS MANAGER MAKES THESE ITEMS AVAILABLE, WITHIN FIVE BUSINESS DAYS OF A WRITTEN REQUEST, AT THE OFFICE LOCATION. FORM 990; PART XII; LINE 2C THIS PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. FRANCESCO VON MENDELSSOHN FUND INC 1528 WALNUT STREET PHILADELPHIA PA 19102 223059283 LOANS TO MUSICIANS VT 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0