2019-02-14T11:29:55-06:00 2018-06-30 221478099 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2017-07-01 042867945 INDIAN HILL MUSIC INC INDI 9784869524 PO BOX 1484 LITTLETON MA 01460 LISA FIORENTINO CHIEF EXECUTIVE OFFICER 9784869524 2019-02-14 1 EDWARD MCNEIL P00090108 6176481400 2019-02-14 209.3.217.20 2019-02-14 09:33:08 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 11A80D4BDE8A931E86BF4E941BF17057F8EA9F8D 2017 2019-02-21 02:37:17Z LISA FIORENTINO PO BOX 1484 LITTLETON MA 01460 25627627 0 X WWW.INDIANHILLMUSIC.ORG X 1985 MA INDIAN HILL MUSIC SHARES THE TRANSFORMATIVE POWER OF MUSIC, THROUGH TEACHING AND PERFORMING, AND GIVING MUSIC GENEROUSLY WHEN THERE IS NEED. 17 17 113 64 0 0 11182648 22809841 1809766 1968179 338194 334862 -2934 0 13327674 25112882 58429 58412 0 0 2445439 2550914 0 27788 432459 1079045 1527239 3582913 4164353 9744761 20948529 32403671 53194578 875347 690540 31528324 52504038 THE ORGANIZATION'S MISSION IS TO SHARE THE TRANSFORMATIVE POWER OF MUSIC, THROUGH TEACHING AND PERFORMING AND GIVING MUSIC GENEROUSLY WHEN THERE IS NEED. 0 0 2368783 58182 1810252 THE MUSIC EDUCATION PROGRAM SERVES APPROXIMATELY 1,300 STUDENTS OF ALL AGES AND ABILITIES WITH A FACULTY OF PROFESSIONAL ARTISTS AND EDUCATORS THROUGH PRIVATE INSTRUCTION, GROUP LESSONS AND ENSEMBLES FOR ALL INSTRUMENTS AND VOICE IN MANY GENRES INCLUDING CLASSICAL, JAZZ, FOLK, POPULAR, CELTIC, MUSICAL THEATRE AND OPERA. THE ORGANIZATION IS COMMITTED TO PROVIDING AFFORDABLE MUSIC EDUCATION AND ALSO HAS BEEN ABLE TO PROVIDE $58,182 IN SCHOLARSHIP AID. 1019724 154890 THE ORGANIZATION'S MISSION IS CENTERED ON THE PRINCIPLE THAT PERFORMANCE AND EDUCATION ARE FULLY INTEGRATED AND REPRESENT AN INTEGRAL PART OF THE ORGANIZATION'S MUSIC EDUCATION CURRICULUM. ATTENDING PROFESSIONAL CONCERTS AND WATCHING A PROFESSIONAL AT WORK IS ESSENTIAL TO DEVELOPING STRONG PERFORMANCE TECHNIQUES AND AN UNDERSTANDING OF HOW TO MASTER ONE'S INSTRUMENT. LISTENING TO, AND EVALUATING MUSIC AND MUSIC PERFORMANCE ARE KEY STANDARDS OF A COMPREHENSIVE, QUALITY MUSIC EDUCATION PROGRAM. THE ORGANIZATION'S PERFORMANCE PROGRAM SERVES 5,600 PEOPLE ANNUALLY AND INCLUDES THE PROFESSIONAL ORCHESTRA OF INDIAN HILL WHICH PRESENTS A SIX CONCERT SEASON UNDER ARTISTIC DIRECTOR, BRUCE HANGEN. THE ORGANIZATION ALSO PRESENTS CHAMBER MUSIC, JAZZ AND FAMILY CONCERTS. 47621 230 3037 THE ORGANIZATION'S OUTREACH PROGRAM INCLUDES AFTER SCHOOL MUSIC LESSONS AND SCHOOL DAY PERFORMANCES IN LOW-INCOME COMMUNITIES, FREE MONTHLY BACH'S LUNCH CONCERTS SERVING OVER 2,800 SENIOR CITIZENS ANNUALLY, AND SINGING BY ITS THRESHOLD SINGERS FOR THOSE IN HOSPICE CARE. IN PARTNERSHIP WITH AREA NONPROFIT CULTURAL AND SOCIAL SERVICE ORGANIZATIONS, THE ORGANIZATION'S FACULTY AND STUDENT PERFORMERS PROVIDED MUSIC AT 24 EVENTS IN A VARIETY OF COMMUNITY SETTINGS. 3436128 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 123 0 1 113 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X LISA FIORENTINO 9784869524 36 KING STREET LITTLETON MA 01460 X CAROLE PREST CHAIR 1.00 X X 0 0 0 DAVID MOULTON HONORARY BOARD MEMBER 1.00 X 0 0 0 DAVID RIGGERT INCOMING BOARD MEMBER 1.00 X 0 0 0 DEB VERNER INCOMING BOARD MEMBER 1.00 X 0 0 0 GEORGE ALLISON CLERK 1.00 X X 0 0 0 JEFFREY FUHRER BOARD MEMBER 1.00 X 0 0 0 JONATHAN PANEK TREASURER 6.00 X X 0 0 0 KIMBERLY HARRIMAN BOARD MEMBER 1.00 X 1860 0 0 KIRSTA DAVEY BOARD MEMBER 1.00 X 0 0 0 MELISSA MARANDA BOARD MEMBER 1.00 X 0 0 0 MICHAEL HALLSTROM OUTGOING BOARD MEMBER 1.00 X 0 0 0 MIRIAM SMITH BOARD MEMBER 1.00 X 0 0 0 PETER ASHTON VICE CHAIR 1.00 X X 0 0 0 RALPH BROWN HONORARY BOARD MEMBER 1.00 X 0 0 0 ROBERT ANDERSON HONORARY BOARD MEMBER 1.00 X 0 0 0 SIMON JONES BOARD MEMBER 1.00 X 0 0 0 STEPHEN IRISH BOARD MEMBER 1.00 X 0 0 0 TROY SIEBELS BOARD MEMBER 1.00 X 0 0 0 LISA FIORENTINO CHIEF OPERATING OFFICER 40.00 X 121777 0 12835 SUSAN RANDAZZO EXECUTIVE DIRECTOR 40.00 X 130692 0 9007 CATHERINE COLEMAN DIRECTOR OF DEVELOPMENT 40.00 X 110150 0 0 364479 0 21842 3 0 0 0 GARY SHEPHERD 55 MAIN STREET TOWNSEND MA 01469 PROJECT MANAGEMENT 120000 1 37429 22772412 1575 22809841 TUITION 711190 1774892 1774892 TICKET REVENUE 711190 113119 113119 SERVICE FEES 711190 59619 59619 PROGRAM SPONSORSHIP 711190 20549 20549 1968179 102430 102430 747177 514745 232432 232432 232432 25112882 1968179 0 334862 58412 58412 296858 91238 131911 73709 1998680 1702262 60568 235850 77208 53943 4809 18456 178168 143158 13045 21965 15050 15050 27788 27788 20829 20829 265160 260611 4549 163938 147362 16576 59365 51785 2237 5343 9207 5739 671 2797 730632 709068 19408 2156 11165 11165 89128 74602 13073 1453 36143 26425 7739 1979 PROGRAM PRODUCTION 110715 91676 97 18942 ADMINISTRATION FEES 11481 8682 1903 896 MISCELLANEOUS 4426 4426 4164353 3436128 295766 432459 447352 492243 7336190 5966747 324016 1228157 2992 16786 32907 31386 43897932 1778826 21054961 42119106 3205253 3340153 32403671 53194578 302017 144911 344964 329710 228366 215919 875347 690540 X 22189180 44551834 6988844 5526904 2350300 2425300 31528324 52504038 32403671 53194578 X 20948529 46938 -19753 X X 0 1 X 1 0 X 2726757 75000 185165 33000 71000 17797 2865125 2554699 3000 284447 30250 68675 16464 2726757 2608679 59495 26950 70625 15900 2554699 2621011 25000 73381 28150 67700 14863 2608679 2281751 100000 339314 22975 65750 11329 2621011 0.84650 0.15350 0 0 2937825 2937825 3600296 1378005 2222291 18105346 18105346 542941 400821 142120 18711524 18711524 42119106 CHARITABLE GIFT ANNUITIES 215919 215919 X 25060951 46938 125 -78165 -31102 25092053 20829 20829 25112882 4085237 125 125 4085112 20829 58412 79241 4164353 PART V, LINE 4: THE ORGANIZATION'S RETURN ON THE INVESTMENT OF ENDOWMENT FUNDS IS USED FOR SCHOLARSHIPS, PHILANTHROPIC OUTREACH, ORCHESTRA INITIATIVES, EDUCATIONAL PROGRAMS AND OPERATIONAL NEEDS. PART X, LINE 2: 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, 2018. 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, 2015, 2016 AND 2017. 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, 2018 AND NONE WERE INCURRED DURING THE YEAR THEN ENDED. PART XI, LINE 2D - OTHER ADJUSTMENTS: LESS SCHOLARSHIPS GRANTED -58,412. CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -19,753. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS GRANTED 58,412. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION'S NONDISCRIMINATORY POLICY IS INCLUDED ON THE ORGANIZATION'S WEBSITE AND REGISTRATION DOCUMENTATION. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED $10,000 FROM THE NATIONAL ENDOWMENT FOR THE ARTS,$24,100 FROM THE MASSACHUSETTS CULTURAL COUNCIL, AND $3,329 FROM VARIOUS LOCAL CULTURAL COUNCILS. X X X X X X 1 ILISA HUROWITZ 8 APPLETON TERRACE CAMBRIDGE MA 02138 CONSULTING 0 0 27788 -27788 27788 -27788 MA 1 SCHOLARSHIPS 84 0 58412 FMV OF TUITION PART I, LINE 2: THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS IN NEED BASED UPON THE AVAILABLE FINANCIAL RESOURCES OF THE ORGANIZATION AND AN APPLICATION AND SELECTION PROCESS USING DEFINED CRITERIA. ALL SCHOLARSHIP GRANTS ARE TRACKED INTERNALLY AND APPLIED DIRECTLY TO THE COST OF TUITION FOR CLASSES AND LESSONS TO BE TAKEN AT OUR ORGANIZATION. THE ORGANIZATION TRACKS EACH STUDENT AND EACH LESSON OR CLASS THEY ATTEND. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO DISTRIBUTION TO THE FULL BOARD. ONCE THE AUDIT COMMITTEE FINDS THE DOCUMENT TO BE ACCEPTABLE, THE FULL BOARD RECEIVES A COPY TO REVIEW. ALL BOARD MEMBERS ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS, AND ONCE THOSE QUESTIONS AND ANY RESULTING REVISIONS ARE ADDRESSED, THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A FORMAL, WRITTEN CONFLICT OF INTEREST POLICY. EACH MEMBER OF THE BOARD OF DIRECTORS AND THE OFFICERS OF THE ORGANIZATION ARE REQUIRED TO CERTIFY ON AN ANNUAL BASIS THAT THEY HAVE RECEIVED AND REVIEWED THE POLICY AND THAT THEY ARE IN COMPLIANCE WITH IT. INTERNAL EMPLOYEES TRACK TO ENSURE CERTIFICATIONS ARE RECEIVED AND THAT NO ISSUES ARE REPORTED. IF ISSUES WERE TO EXIST, THEY WOULD BE BROUGHT TO THE ATTENTION OF THE CHAIRMAN OF THE BOARD AND EXECUTIVE DIRECTOR FOR FURTHER REVIEW AND RESOLUTION. INDIVIDUALS WITH A CONFLICT OF INTEREST ARE NOT ALLOWED TO VOTE ON ANY MATTERS THAT ARE SUBJECT TO CONFLICT. IF A CONFLICT OF INTEREST SEVERELY IMPEDED AN INDIVIDUAL'S ABILITY TO PERFORM THEIR ORGANIZATIONAL DUTIES, THAT INDIVIDUAL WILL BE REMOVED FROM THEIR POSITION. FORM 990, PART VI, SECTION B, LINE 15 INCREASES TO EXECUTIVE DIRECTOR COMPENSATION INCLUDE A PERFORMANCE REVIEW PROCESS, A REVIEW OF COMPARABILITY DATA, AND APPROVAL BY THE FULL BOARD OF DIRECTORS OR A SUBSET THEREOF. MINUTES OF ALL MEETINGS RELATED TO EXECUTIVE DIRECTOR COMPENSATION ARE MAINTAINED TO DOCUMENT THE DELIBERATIONS AND DECISIONS. INCREASES TO OFFICER COMPENSATION INCLUDE A PERFORMANCE REVIEW PROCESS, A REVIEW OF COMPARABILITY DATA, AND APPROVAL OF INDEPENDENT PERSONS. DELIBERATIONS AND DECISIONS RELATED TO OFFICER COMPENSATION ARE DOCUMENTED AND MAINTAINED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S WEBSITE STATES THIS AND ALSO PROVIDES THE CONTACT INFORMATION TO OBTAIN THESE DOCUMENTS. FORM 990, PART VII, LINE 7: A MEMBER OF THE ORGANIZATION'S BOARD OF DIRECTORS IS AN INDEPENDENT CONTRACTOR AT INDIAN HILL MUSIC. THE RELATIONSHIP AND AMOUNTS ARE SIMILAR TO THE RELATIONSHIP AND AMOUNTS ESTABLISHED WITH OTHER GUEST ARTISTS. NATURE OF TRANSACTION: GUEST ARTIST AMOUNT OF TRANSACTION: $1,860 IN FY 18 FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -19,753. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.