2019-03-29T17:32:42-05:00 2018-06-30 221478099 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2017-07-01 043583756 FROM THE TOP INC FROM 6174370707 140 CLARENDON STREET NO 301 BOSTON MA 02116 GRETCHEN NIELSEN EXECUTIVE DIRECTOR 6174370707 2019-03-28 1 EDWARD MCNEIL P00090108 6176481400 2019-03-28 209.59.242.22 2019-03-28 11:04:08 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 273CA1FFE404D8284B4685EE946B2CDEC2353731 2017 2019-02-21 02:37:17Z GRETCHEN NIELSEN 140 CLARENDON STREET NO 301 BOSTON MA 02116 2774728 0 X FROMTHETOP.ORG X 2002 MA BASED IN BOSTON, FROM THE TOP IS AMERICA'S LARGEST NATIONAL PLATFORM CELEBRATING THE STORIES, TALENTS, AND CHARACTER OF CLASSICALLY-TRAINED YOUNG MUSICIANS. THROUGH LIVE EVENTS, NPR AND VIDEO BROADCASTS, SCHOLARSHIPS, AND LEADERSHIP PROGRAMS, FROM THE TOP EMPOWERS THESE EXTRAORDINARY YOUNG PEOPLE TO ENGAGE AND INSPIRE MUSIC LOVERS OF ALL AGES. 16 14 29 26 0 0 2569933 2212885 612227 534394 594 940 -37030 -46245 3145724 2701974 193459 187933 0 0 1974551 1923055 0 0 584121 1167217 1071794 3335227 3182782 -189503 -480808 1881321 1273086 268315 129480 1613006 1143606 X FROM THE TOP CELEBRATES THE POWER OF MUSIC IN THE HANDS OF EXTRAORDINARY YOUNG PEOPLE BY: 1) UNLEASHING THE POTENTIAL OF YOUNG MUSICIANS AS LEADERS IN THE ARTS; 2) TRUMPETING THE ROLE OF MUSIC TO IMPACT AND ENRICH LIVES; AND 3) INSPIRING AND BUILDING NEW AUDIENCES WITH A DEEPER APPRECIATION FOR CLASSICAL MUSIC. 0 0 1086576 518837 FROM THE TOP PRODUCES NPR'S FROM THE TOP, THE MOST POPULAR WEEKLY ONE-HOUR CLASSICAL MUSIC PROGRAM ON PUBLIC RADIO. IT ALSO PRODUCES THE SEE THE MUSIC VIDEO SERIES AND DISTRIBUTES IT TO AN AUDIENCE OF MORE THAN 50,000 FANS/SUBSCRIBERS. KEY ACCOMPLISHMENTS IN FY18 INCLUDED: RECORDING 16 LIVE EPISODES OF FROM THE TOP FOR MORE THAN 11,200 AUDIENCE MEMBERS IN 13 CITIES AND TOWNS ACROSS THE COUNTRY; FEATURING THE EXCEPTIONAL TALENTS OF MORE THAN 100 CLASSICALLY-TRAINED, PRE-COLLEGIATE SOLOISTS AND CHAMBER MUSICIANS, AGES 8 TO 18, AND THREE OUTSTANDING YOUTH ORCHESTRAS AND CHOIRS ON FROM THE TOP; COLLABORATING WITH GENRE-BENDING GUEST ARTISTS BLACK VIOLIN AND TIME FOR THREE; PARTNERING WITH THE NATIONAL YOUTH ORCHESTRAS OF THE USA AND CHINA, STULBERG INTERNATIONAL STRING COMPETITION, AND LOS ANGELES PHILHARMONIC (LA PHIL); BROADCASTING WEEKLY EPISODES OF FROM THE TOP ON MORE THAN 200 PUBLIC RADIO STATIONS NATIONWIDEDELIVERING ENTERTAINMENT TO MORE THAN 620,000 WEEKLY LISTENERS, A 10% INCREASE IN ITS RADIO AUDIENCE COMPARED TO THE PREVIOUS YEAR; ADDING SPOTIFY (VIA NPR) TO THE DISTRIBUTION METHODS FOR FROM THE TOP; SENDING FOUR ALUMNI TO PERFORM FOR THE FIRST FROM THE TOP APPEARANCE ON NPR'S TINY DESKCONCERTS; AND COLLABORATING WITH CLASSICAL VIOLINIST JOSHUA BELL, CHAMBER ENSEMBLE CANADIAN BRASS, TAP DANCER LEO MANZARI, AND MEMBERS OF JAZZ/FUNK COLLECTIVE SNARKY PUPPY ON SEE THE MUSIC VIDEOS. 446163 15557 FY18 MARKETING AND COMMUNICATIONS EFFORTS FOCUSED ON SUPPORTING MARKETING AND PR FOR THE NATIONAL TOUR OF FROM THE TOP AS WELL AS MAINTAINING YOUNGER ONLINE AUDIENCES VIA YOUTUBE, SOCIAL MEDIA, AND THE FROM THE TOP WEBSITE.FROM THE TOP'S STRATEGY OF CONSISTENTLY POSTING CONTENT TO YOUTUBE REMAINED SUCCESSFUL IN GROWING THE CHANNEL. SUBSCRIBERSHIP INCREASED BY 16% FROM THE START OF THE FISCAL YEAR, SURPASSING THE 10,000-SUBSCRIBER MARK. THIS IS A MILESTONE ON THE SITE, AND REACHING IT MAKES FROM THE TOP A PREFERRED PARTNER, SO MORE VIEWERS SEE ITS CONTENT. AS A RESULT, THE ORGANIZATION EXPERIENCED ITS LARGEST QUARTER BY FAR IN SPRING 2018, WITH MORE THAN 382,000 VIEWS. IT ALSO HAS BEEN SUCCESSFUL IN REACHING A YOUNGER AUDIENCE THROUGH YOUTUBE; 65% OF ITS VIDEO VIEWERS ARE AGES 34 AND UNDER, COMPARED TO 10% OF ITS RADIO AUDIENCE. 178855 FROM THE TOP'S EDUCATIONAL PROGRAMS UNDER THE UMBRELLA OF THE CENTER FOR THE DEVELOPMENT OF ARTS LEADERS SUPPORT AND EMPOWER YOUNG MUSICIANS AS THEY PURSUE THEIR INDIVIDUAL ARTISTIC PATHS. A CENTRAL ASPECT OF MUSICIANS' FROM THE TOP EXPERIENCE IS A FOCUSED ARTS LEADERSHIP WORKSHOP. PERFORMERS APPLY THEIR TRAINING BY PLANNING AND IMPLEMENTING A COMMUNITY ENGAGEMENT ACTIVITY FOR LOCAL PARTNERS IN MOST CITIES WHERE SHOWS ARE RECORDED. MUSICIANS ARE THEN ENCOURAGED TO PUT WHAT THEY LEARNED INTO PRACTICE IN THEIR HOME COMMUNITIES. IN FY18, FROM THE TOP: - PROVIDED NEARLY 80 YOUNG MUSICIANS WITH ARTS LEADERSHIP TRAINING ON THE TOUR OF NPR'S FROM THE TOP; AND - PRESENTED 22 CUSTOMIZED COMMUNITY ENGAGEMENT ACTIVITIES NATIONWIDE, LED BY FROM THE TOP PERFORMERS AND REACHING MORE THAN 825 PEOPLE, PREDOMINANTLY STUDENTS FROM UNDERRESOURCED COMMUNITIES.THE FROM THE TOP ALUMNI LEADERSHIP GRANT, PROVIDING FINANCIAL RESOURCES AND MENTORING TO ALUMNI WITH INDEPENDENT COMMUNITY ENGAGEMENT PROJECTS, COMPLETED ITS FIRST FULL GRANT CYCLE IN FY18. A SECOND ROUND OF FUNDING WAS ANNOUNCED IN MAY 2018. THE THREE ALUMNI LEADERSHIP GRANTEES WERE: - 19-YEAR-OLD VIOLINIST CORINNE AUGER, WHOSE GRANT SUPPORTED HER MUSIC LENS PROJECT, A FREE, SUMMER MUSIC PROGRAM FOR ELEMENTARY SCHOOL CHILDREN IN BOSTON, MASSACHUSETTS, AND CLEVELAND, OHIO; - 21-YEAR-OLD VOCALIST THOMAS WEST, WHO RECEIVED THE GRANT TO SUPPORT HIS COLLABORATIVE ARTS ENSEMBLE (CAE), A GROUP OF PERFORMANCE ARTISTS DEDICATED TO FOSTERING DIALOGUE IN THE AMERICAN SOUTH; AND - 21-YEAR-OLD VIOLINIST ARIEL HOROWITZ, WHO USED THE GRANT TO SUPPORT THE THIRD YEAR OF HER HEARTBEAT PROJECT ON THE NAVAJO (DIN) RESERVATION IN NEW MEXICO. 49052 THE ADMISSIONS & ALUMNI RELATIONS DEPARTMENT FACILITATES THE RECRUITMENT, APPLICATION, REVIEW, AND SELECTION PROCESS OF MUSICIANS FOR FROM THE TOP AND THE SEE THE MUSIC VIDEO SERIES, WHILE ALSO OVERSEEING ALUMNI RELATIONS WITH NEARLY 3,000 FORMER FROM THE TOP PERFORMERS. IN FY18, LIVE AUDITIONS IN LOS ANGELES, PHILADELPHIA, AND LAS VEGAS WERE NOTABLE FOR INTRODUCING STAFF TO IMPRESSIVE MUSICIANS OUTSIDE OF TRADITIONAL CONSERVATORIES.KEY ACCOMPLISHMENTS INCLUDED: EVALUATING 648 APPLICATIONS, HOLDING 11 LIVE AUDITIONS IN LOCATIONS AROUND THE COUNTRY, AND PRODUCING 21 ALUMNI-CENTERED BLOG POSTS. 341552 187933 EVERY YEAR, FROM THE TOP AND THE JACK KENT COOKE FOUNDATION OFFER SIGNIFICANT SCHOLARSHIPS TO HIGH-ACHIEVING YOUNG MUSICIANS WITH FINANCIAL NEED. WORKING WITH A LARGE NETWORK OF MUSIC INSTRUCTORS, ADMINISTRATORS, AND MENTORS, THE RECRUITMENT PROCESS FOR THE JACK KENT COOKE YOUNG ARTIST AWARD ALSO SEEKS TO IDENTIFY YOUNG MUSICIANS FROM UNDER-SERVED AND UNDER-REPRESENTED POPULATIONS.IN FY18, FROM THE TOP AWARDED A TOTAL OF $200,000 IN SCHOLARSHIPS IN ADDITION TO PERFORMANCE APPEARANCES ON FROM THE TOP AND THE OPPORTUNITY TO PARTICIPATE IN ITS ARTS LEADERSHIP WORKSHOPS TO 21 STUDENTS FROM 10 U.S. STATES AND VENEZUELA. IT COMPLETED ITS FIRST FULL YEAR OF OFFERING FLEXIBLE SCHOLARSHIP AMOUNTS TO AWARD RECIPIENTS AND, AS PREDICTED, THIS SHIFT ALLOWED FROM THE TOP TO BETTER MEET EACH STUDENT'S LEVEL OF NEED.AWARD RECIPIENTS REPORTED THE FOLLOWING DEMOGRAPHICS: RACE/ETHNICITY AS 9% AFRICAN AMERICAN, 29% ASIAN, 19% HISPANIC/LATINO, 24%WHITE/CAUCASIAN, 9% MULTI-RACIAL, 5% OTHER, AND 5% UNREPORTED; A GENDER BREAKDOWN OF 33% FEMALE AND 67% MALE; AN AVERAGE AGE OF 16 YEARS OLD; AND AN AVERAGE ADJUSTED GROSS INCOME (AGI) OF $40,384 PER FAMILY. 390604 187933 2102198 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 40 0 1 29 1 0 0 0 0 0 1 1 0 0 X 16 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X X GRETCHEN NIELSEN 6174370707 140 CLARENDON ST SUITE 301 BOSTON MA 02116 CORINNE FERGUSON DIRECTOR 1.00 X 0 0 0 CYNTHIA K CURME DIRECTOR 1.00 X 0 0 0 DAVID FEIGENBAUM DIRECTOR 1.00 X 0 0 0 ELAINE LINDLEY LEBUHN DIRECTOR 4.00 X 0 0 0 ELIZABETH SIKOROVSKY CLERK 2.00 X X 0 0 0 GERALD SLAVET DIRECTOR/CEO 32.00 X X 0 0 0 INMACULADA SILOS-SANTIAGO DIRECTOR 1.00 X 0 0 0 JEFFREY RAYPORT CHAIR 4.00 X X 0 0 0 JENNIFER HURLEY-WALES PRESIDENT 32.00 X X 147790 0 3534 JOHN PATTILLO TREASURER/VICE CHAIR 4.00 X X 0 0 0 KEVIN OLUSOLA DIRECTOR 1.00 X 0 0 0 MICHAEL THURBER DIRECTOR 1.00 X 0 0 0 PETER ROSS DIRECTOR 1.00 X 0 0 0 PETER SEGAL DIRECTOR 1.00 X 0 0 0 SOO YOUN LEE DIRECTOR 1.00 X 0 0 0 STEPHEN SYMCHYCH CLERK 1.00 X X 0 0 0 DIANNE COLLAZO DIRECTOR OF FINANCE & ADMIN 40.00 X 117458 0 8270 GRETCHEN NIELSEN EXECUTIVE DIRECTOR 40.00 X 0 0 0 DAVID BALSOM TOUR PRODUCER 40.00 X 111524 0 15766 JODI BEZNOSKA DIRECTOR OF MARKETING & COMMUNICATION 40.00 X 109721 0 9273 TIMOTHY BANKER DIRECTOR OF CONTENT & PRODUCTION 40.00 X 110775 0 22138 597268 0 58981 5 0 1 0 THOMAS J VOEGELI 3539 EBEN WAY STILLWATER MN 55082 PRODUCER 120212 1 227173 188000 1797712 10791 2212885 CARRIAGE FEES 515100 306133 306133 ROAD SHOW FEES 711190 212704 212704 ADMINISTRATIVE FEES 711190 15557 15557 534394 851 851 11153 11153 89 0 89 89 89 15250 227173 72754 -57504 -57504 106 0 106 106 2701974 534394 0 -45305 187933 187933 299517 85806 162228 51483 1338986 883955 166238 288793 151673 101247 15949 34477 132879 79002 24571 29306 153688 50078 72100 31510 13261 13261 182056 98550 14147 69359 18564 12245 2957 3362 70192 44775 11737 13680 199005 173687 6017 19301 33334 22224 5131 5979 19193 12318 5653 1222 PRODUCTION 306107 306107 MARKETING 65786 23051 8061 34674 REPAIRS & MAINTAINANCE 5571 2922 1674 975 EVENTS 5037 5037 3182782 2102198 496463 584121 592258 634233 499045 53484 200233 286100 479722 189044 69131 58237 364089 324851 40932 39238 0 12750 1881321 1273086 140241 98948 96845 0 31229 30532 268315 129480 X 557684 310978 1055322 832628 1613006 1143606 1881321 1273086 -480808 11408 0 X X 0 1 X 1 0 X 2436311 3373592 2376611 2569933 2212885 12969332 2436311 3373592 2376611 2569933 2212885 12969332 1029986 11939346 3536 2765 40640 27210 12004 86155 32250 21250 18250 28750 15250 115750 13171237 3153559 0.90650 0.95820 X 22828 2374 20454 116538 103768 12770 224723 218709 6014 39238 PAYROLL LIABILITIES 30532 30532 X 3018035 243307 243307 2774728 -72754 -72754 2701974 3487435 231899 72754 304653 3182782 0 3182782 PART X, LINE 2: THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2018. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. 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 4B - OTHER ADJUSTMENTS: DIRECT EVENT EXPENSE -72,754. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EVENT EXPENSE 72,754. GALA 242423 227173 15250 17500 15673 6253 33328 242423 227173 15250 17500 15673 6253 33328 72754 -57504 1 SCHOLARSHIP 21 187933 PART I, LINE 2: FROM THE TOP REVIEWS THE FOLLOWING INFORMATION PROVIDED BY STUDENTS BEFORE MAKING SELECTION OF SCHOLARSHIP RECIPIENTS: COMPLETE SCHOLARSHIP APPLICATION, MUSICAL AUDITION PERFORMANCE, EVIDENCE OF FINANCIAL NEED AS WELL AS ACADEMIC ACHIEVEMENTS. X X X 0 0 0 0 0 0 0 0 0 JENNIFER HURLEY-WALES PRESIDENT 147790 0 0 0 0 0 0 0 3534 0 151324 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ONCE THE FORM 990 HAS BEEN PREPARED BY THE AUDIT FIRM IT IS REVIEWED INITIALLY BY THE DIRECTOR OF FINANCE AND ADMINISTRATION. ONCE SATISFIED, IT IS FURTHER REVIEWED BY THE CEO AND AFTER THAT THE FORM 990 IS SENT TO THE AUDIT COMMITTEE FOR FINAL REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE BOARD OF DIRECTORS ARE ASKED TO SIGN OFF AND DISCLOSE ALL CONFLICTS OF INTERESTS. THESE DISCLOSURE FORMS ARE REVIEWED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 FROM THE TOP UTILIZES DATA FROM CONSULTANTS AND MARKET CONDITIONS TO DETERMINE APPROPRIATE COMPENSATION FOR KEY EMPLOYEES. OFFICERS AND BOARD MEMBERS ARE UNPAID POSITIONS WITHOUT COMPENSATION, WITH THE EXCEPTION OF JENNIFER HURLEY-WALES, THE CO-CEO/EXECUTIVE PRODUCER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE OVERSIGHT PROCESS AND SELECTION PROCESS HAVE NOT CHANGED DURING THE YEAR.