2018-08-14T16:12:03-05:00 2017-09-30 112318995 FARKOUH FURMAN & FACCIO LLP 460 Park Avenue New York NY 10022 990 2016-10-01 113247651 THE PERLMAN MUSIC PROGRAM INC PERL 2127218769 19 WEST 69TH ST NEW YORK NY 100234737 MARK MILLER TREASURER 2127218769 2018-08-05 1 richard oremus P00730038 2122455900 2016 2022-09-23 18:48:47Z MARK MILLER 19 WEST 69TH STREET NEW YORK NY 10023 4187304 0 X WWW.PERLMANMUSICPROGRAM.ORG X 1994 NY SEE SCHEDULE O 13 13 56 0 0 0 2464064 3379935 462050 438738 75314 52019 -197917 -46674 2803511 3824018 250900 273000 0 0 1304107 1380751 0 0 762383 1238684 1126692 2793691 2780443 9820 1043575 11301598 12288027 133507 86493 11168091 12201534 see schedule o 0 0 1450136 180950 385980 SUMMER STUDY PROGRAMS - INTENSIVE SUMMER RESIDENCY PROGRAM ON SHELTER ISLAND, NEW YORK CONSISTING OF THE SUMMER MUSIC SCHOOL (A SEVEN-WEEK INTENSIVE PROGRAM FOR 39 YOUNG STRING PLAYERS AGES 12 TO 18) AND THE CHAMBER MUSIC WORKSHOP (AN INTENSIVE TWO AND A HALF-WEEK CHAMBER MUSIC WORKSHOP FOR 46 YOUNG ADULTS AGES 18-30). 284342 75000 YEAR-ROUND, NATIONWIDE CONCERTS AND MENTORSHIP PROGRAM. THIS INCLUDES CONCERTS, COMMUNITY EVENTS AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES, DESIGNED TO CARRY OUT THE ORGANIZATION'S MENTORING AND PRESENTING OBJECTIVES. 132073 17050 52758 the travel program consists of the sarasota winter residency, a two and a half week session at the end of the calender year which takes place in sarasota, florida, mixing students of the summer music school, the chamber music workshop, and the biennial israel residency. 1866551 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 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 41 0 1 56 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 NY X X THE PERLMAN MUSIC PROGRAM INC 2127218769 19 WEST 69TH STREET NEW YORK NY 10023 X ITZHAK PERLMAN DIRECTOR 20.00 X 0 0 0 TOBY PERLMAN PRESIDENT 20.00 X 0 0 0 RANDALL BLANK CHAIRMAN OF THE BOARD OF D 8.00 X 0 0 0 BARBARA GLADSTONE DIRECTOR 2.00 X 0 0 0 JAY DWECK VICE PRESIDENT 2.50 X 0 0 0 LAURA SLOATE DIRECTOR 2.50 X 0 0 0 CAITLIN TULLY DIRECTOR 2.00 X 0 0 0 RODGER DEROSE dIRECTOR 2.00 X 0 0 0 MARK MILLER SECRETARY/TREASURER 4.00 X 0 0 0 JIM TOTH DIRECTOR 2.00 X 0 0 0 michael bunyaner director 2.00 X 0 0 0 vicki kellogg diRECTOR 2.00 X 0 0 0 peter kend diRECTOR 2.00 X 0 0 0 KATHERINE DECONTI DIRECTOR OF DEVELOP. 40.00 X 173835 0 10710 ANNA KAPLAN DIRECTOR OF PROGRAMS 40.00 X 129487 0 12152 KATIE NOJIMA ASSOCIATE DIRECTOR OF DEVE 40.00 X 123835 0 3086 427157 0 25948 3 0 1 0 0 996218 2383717 64705 3379935 TUITION INCOME 900099 438738 438738 438738 52685 52685 61916 62582 -666 -666 -666 254030 996218 300704 -46674 -46674 3824018 438738 0 5345 273000 273000 165835 165835 1068519 724832 51850 291837 8115 8115 40231 19178 461 20592 98051 58802 4620 34629 591 591 67425 67425 41928 9518 5449 26961 94444 20675 2467 71302 57400 25880 31520 99577 54266 181 45130 171463 169156 2307 118828 93850 17387 7591 CONCERT EXPENSE AND EVE 156828 133698 23130 REPAIRS AND MAINTENANCE 118271 105401 12870 MEALS 103455 81765 21690 UTILITIES 58528 58176 352 37954 30239 1078 6637 2780443 1866551 151509 762383 422674 371781 4700596 5699062 143896 367278 39375 39224 11921903 6639571 5382219 5282332 606202 524255 6636 4095 11301598 12288027 133507 86493 133507 86493 X 10541125 11298399 394722 669806 232244 233329 11168091 12201534 11301598 12288027 1043575 -10132 0 X X 0 1 X 1 0 X 2632965 3763614 2388318 2587604 3379935 14752436 2632965 3763614 2388318 2587604 3379935 14752436 3862691 10889745 6174 4786 18119 35070 52685 116834 14869270 2334174 0.73240 0.70950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 656363 110000 21358 43798 450 743473 584802 71861 300 656363 222250 359428 3124 584802 222250 222250 0.02680 0.31360 0.65960 0 0 1228181 1228181 9956480 5971394 3985086 252293 230874 21419 484949 437303 47646 5282332 4275384 -10132 659498 649366 3626018 198000 198000 3824018 3241941 659498 659498 2582443 198000 198000 2780443 Part V, Line 4: PMP HAS SEGREGATED THE FISHER SCHOLARSHIP FUND AND THE PMP SCHOLARSHIP FUND INTO SEPARATE BROKERAGE ACCOUNTS CONSISTING OF CASH AND INVESTMENTS TO EASILY TRACK PERFORMANCE AND BALANCE. CONTRIBUTIONS TO THE FISHER SCHOLARSHIP FUND ARE SUBJECT TO DONOR RESTRICTIONS THAT STIPULATE THE ORIGINAL PRINCIPAL OF THE GIFT IS TO BE HELD AND INVESTED BY PMP INDEFINITELY AND INCOME FROM THE FUND IS TO BE EXPENDED TO SUPPORT THE SCHOLARSHIP RECIPIENTS. CONTRIBUTIONS TO THE PMP SCHOLARSHIP FUND ARE SUBJECT TO TEMPORARY DONOR RESTRICTIONS AND WILL BE USED TO SUPPORT SCHOLARSHIP RECIPIENTS. PMP'S INVESTMENT GUIDELINES ARE TO INVEST IN A DIVERSIFIED SERIES OF PREFERRED STOCK, EXPECTED TO EXPERIENCE CHANGES IN VALUE BUT TO RECEIVE PAR AT MATURITY WHILE EARNING APPROXIMATELY A 5% YIELD. Part XI, Line 4b - Other Adjustments: SCHOLARSHIPS NETTED AGAINST REVENUE FOR FINANCIAL REPORTING Part XII, Line 4b - Other Adjustments: SCHOLARSHIPS NETTED AGAINST REVENUE FOR FINANCIAL REPORTING PART XII, LINE 4B - OTHER ADJUSTMENTS SCHOLARSHIPS GRANTED BY THE ORGANIZATION TO PARTICIPANTS OF THE SUMMER STUDY PROGRAMS AND TRAVEL PROGRAMS ARE NET AGAINST TUITION REVENUE ON THE AUDITED FINANCIAL STATEMENTS. THIS FORM REPRESENTS TUITION REVENUE GROSS AND THE SCHOLARSHIP AS EXPENSE. SUMMER BENEFIT CONCERT 431554 334754 96800 26635 65072 wine auction 655741 498511 157230 57939 39758 1 162953 162953 69466 41834 1250248 996218 254030 154040 146664 300704 -46674 1 FULL OR PARTIAL SCHOLARSHIPS TO ATTEND THE ORGANIZATION'S SUMMER STUDY PROGRAMS OR TRAVEL PROGRAM. 80 198000 TUITION COST Students in need are awarded assistance through partial or fully discounted tuition to the Organization's Summer Study Programs or TRAVEL Program. ANNENBERG CAREER GRANT 2 75000 GRANT THROUGH ANNENBERG SCHEDULE I, PART IV SCHOLARSHIPS ARE AWARDED TO YOUNG MUSICIANS WHO EXEMPLIFY TALENT AND DESIRE TO LEARN THEIR CRAFT FROM MASTERS SO THAT THEIR SKILLS MAY BE ENHANCED IN A NON-COMPETITIVE SETTING, THROUGH CLASSES, WORKSHOPS AND LECTURES. SCHOLARSHIPS ARE NEVER AWARDED IN CASH AND ARE INSTEAD APPLIED TO A RECIPIENT'S TUITION TO THE PROGRAM. SCHOLARSHIPS ARE NON-DISCRIMINATORY AND NEVER EXCEED AN INDIVIDUAL'S PROGRAM TUITION. ANY PROGRAM PARTICIPANT MAY APPLY FOR A SCHOLARSHIP USING AN APPLICATION FORM REQUIRING DISCLOSURE OF FINANCIAL INFORMATION. THE PROGRAM'S DIRECTOR, ALONG WITH THE DIRECTOR OF PROGRAMS, DETERMINE SCHOLARSHIP RECIPIENTS BASED ON THE APPLICANT'S AVAILABLE ECONOMIC RESOURCES. THE 2016 ANNENBERG FELLOW WAS SELECTED BY DIRECTOR TOBY PERLMAN AND DEAN ADAM MEYER ACCORDING TO THE ANNENBERG FOUNDATION'S REQUIREMENTS. ANNENBERG FELLOWS ARE REQUIRED TO SEND IN PROGRESS REPORTS AND BUDGETS TO THE PROGRAM AND FOUNDATION. X 0 0 0 0 0 0 0 0 0 KATHERINE DECONTI DIRECTOR OF DEVELOP. 158835 0 15000 0 0 0 3280 0 7430 0 184545 0 0 0 X 7 64705 AVG/HI/LO 0 0 0 0 Part I, Column (b): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART i, LINE 1 YOUNG MUSICIANS OF TALENT NEED SUPPORT. LEFT ALONE WITH THEIR GIFT, WITHOUT THE INSTRUCTION AND MENTORING THAT ALLOWS THEM TO THRIVE, EVEN THE MOST EXCEPTIONAL YOUNG ARTISTS WILL STRUGGLE, AND MANY MAY FAIL TO ACHIEVE THEIR FULL MUSICAL POTENTIAL. WITHOUT THIS NEXT GENERATION OF WORLD-CLASS MUSICIANS, THE MUSICAL WORLD AND ITS AUDIENCES WILL BE THE POORER. THE PERLMAN MUSIC PROGRAM WELCOMES YOUNG MUSICIANS OF RARE AND SPECIAL TALENT INTO A RICHLY SUPPORTIVE MUSICAL COMMUNITY. THROUGH INTENSIVE SUMMER PROGRAMS, YEAR-ROUND MENTORING, AND ON OCCASION, AN INTERNATIONAL STUDY OR PERFORMANCE TOUR, THE PROGRAM OFFERS UNPARALLELED MUSICAL TRAINING FOR STUDENTS, AGES 12 TO 30, WHO PLAY THE VIOLIN, VIOLA, CELLO, BASS AND PIANO. WITH A FACULTY LED BY ITZHAK PERLMAN AND COMPRISING SOME OF THE MOST GIFTED MUSICAL TALENTS OF OUR TIME, THE PROGRAM OFFERS AN ARTISTIC AND PERSONAL EXPERIENCE THAT CHANGES STUDENTS LIVES FOREVER. THE PERLMAN MUSIC PROGRAM SEEKS TO ENSURE THAT THE BEST MUSICIANS CAN TAKE ADVANTAGE OF THIS OPPORTUNITY, REGARDLESS OF THEIR ECONOMIC BACKGROUND OR FINANCIAL MEANS. FORM 990, part iii, line 1 YOUNG MUSICIANS OF TALENT NEED SUPPORT. LEFT ALONE WITH THEIR GIFT, WITHOUT THE INSTRUCTION AND MENTORING THAT ALLOWS THEM TO THRIVE, EVEN THE MOST EXCEPTIONAL YOUNG ARTISTS WILL STRUGGLE, AND MANY MAY FAIL TO ACHIEVE THEIR FULL MUSICAL POTENTIAL. WITHOUT THIS NEXT GENERATION OF WORLD-CLASS MUSICIANS, THE MUSICAL WORLD AND ITS AUDIENCES WILL BE THE POORER. THE PERLMAN MUSIC PROGRAM WELCOMES YOUNG MUSICIANS OF RARE AND SPECIAL TALENT INTO A RICHLY SUPPORTIVE MUSICAL COMMUNITY. THROUGH INTENSIVE SUMMER PROGRAMS, YEAR-ROUND MENTORING, AND ON OCCASION, AN INTERNATIONAL STUDY OR PERFORMANCE TOUR, THE PROGRAM OFFERS UNPARALLELED MUSICAL TRAINING FOR STUDENTS, AGES 12 TO 30, WHO PLAY THE VIOLIN, VIOLA, CELLO, BASS AND PIANO. WITH A FACULTY LED BY ITZHAK PERLMAN AND COMPRISING SOME OF THE MOST GIFTED MUSICAL TALENTS OF OUR TIME, THE PROGRAM OFFERS AN ARTISTIC AND PERSONAL EXPERIENCE THAT CHANGES STUDENTS LIVES FOREVER. THE PERLMAN MUSIC PROGRAM SEEKS TO ENSURE THAT THE BEST MUSICIANS CAN TAKE ADVANTAGE OF THIS OPPORTUNITY, REGARDLESS OF THEIR ECONOMIC BACKGROUND OR FINANCIAL MEANS. Form 990, Part VI, Section A, line 2 Board members Itzhak and Toby Perlman are husband and wife. Form 990, Part VI, Section A, line 8b ALTHOUGH AN AUDIT, INVESTMENT, AND RISK/INSURANCE COMMITTEES EXIST, THEY DO NOT HAVE POWER TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Section B, line 11b AFTER REVIEW BY THE TREASURER AND PRIOR TO FILING, A DRAFT 990 IS E-MAILED TO THE MEMBERS OF THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, line 12c ANNUALLY THE AUDIT COMMITTEE WILL REVIEW CONFLICT OF INTEREST FILES. Form 990, Part VI, Section C, line 19 upon request Form 990, Part XII, Line 2c: THE AUDIT COMMITTEE'S OVERSIGHT OF THE AUDIT PROCESS HAS NOT CHANGED FROM PRIOR YEAR.