2018-03-05T11:39:57-06:00 2017-08-31 390974031 WEGNER CPAS LLP 2110 LUANN LN MADISON WI 537133074 990 2016-09-01 390915050 WISCONSIN CONSERVATORY OF MUSIC INC WISC 4142765760 1584 N PROSPECT AVE MILWAUKEE WI 532026501 ERIC TILLICH PRESIDENT/CEO 4142765760 2018-03-01 1 JENNY TARKOWSKI CPA P00634290 6082744020 97.91.110.18 2018-03-01 11:07:56 CS P F5220C048E8F4764883E15D3AD23391DA5D6985E A9116FE758ABEA701AC32738507E202495099D8D 2016 2021-01-29 14:40:06Z ERIC TILLICH 1584 N PROSPECT AVE MILWAUKEE WI 532026501 4762561 0 X WWW.WCMUSIC.ORG X 1899 WI AS THE OLDEST AND LARGEST NON-PROFIT INDEPENDENT MUSIC SCHOOL IN THE STATE, THE WISCONSIN CONSERVATORY OF MUSIC'S MISSION IS TO PROVIDE THE FINEST MUSICAL EDUCATION AND PERFORMANCE OPPORTUNITIES NOT ONLY FOR THE ASPIRING PROFESSIONAL PERFORMER BUT ALSO FOR ALL INDIVIDUALS WHO DESIRE A MEANS OF CULTURAL ENRICHMENT AND SELF-FULFILLMENT. 23 23 116 35 0 0 556013 2861444 1685153 1855584 36106 26923 0 -4571 2277272 4739380 0 0 0 0 1801371 1922083 0 67825 269184 675285 628134 2476656 2618042 -199384 2121338 3819809 5929631 805263 730492 3014546 5199139 X AS THE OLDEST AND LARGEST NON-PROFIT INDEPENDENT MUSIC SCHOOL IN THE STATE, THE WISCONSIN CONSERVATORY OF MUSIC'S MISSION IS TO PROVIDE THE FINEST MUSICAL EDUCATION AND PERFORMANCE OPPORTUNITIES NOT ONLY FOR THE ASPIRING PROFESSIONAL PERFORMER BUT ALSO FOR ALL INDIVIDUALS WHO DESIRE A MEANS OF CULTURAL ENRICHMENT AND SELF-FULFILLMENT. 0 0 1502752 973251 THE WISCONSIN CONSERVATORY OF MUSIC STRIVES TO PROVIDE THE FINEST MUSIC EDUCATION EXPERIENCE FOR BOTH PROFESSIONALS AND BEGINNERS ALIKE. WITH 118 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 SEEKS TO PROVIDE A CONTINUUM OF LEARNING FOR OUR STUDENTS. THE PATHWAY BEGINS WITH EARLY CHILDHOOD MUSIC EXPLORATIONS AND CONTINUES THROUGH DISCOVERIES CLASSES AND CLASSES FOR KIDS AND THEN ON TO INDIVIDUAL INSTRUCTION, CHAMBER GROUPS, ENSEMBLES, AND CAMPS. 502767 882333 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. 2005519 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 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 19 0 116 1 0 0 0 0 0 0 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 WI X PATRICK MCCARVILLE 4142765760 1584 N PROSPECT AVE MILWAUKEE WI 532026501 JAMES A HOLTZ CHAIRMAN 1.00 X X 0 0 0 JACK MILLER VICE CHAIRMAN 1.00 X X 0 0 0 ADAM SPECTOR 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 STAN BRISTER TRUSTEE 1.00 X 0 0 0 MECHELLE KING TRUSTEE 1.00 X 0 0 0 DARICE BROWN TRUSTEE 1.00 X 0 0 0 HENRY HERZING 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 GREGORY MARCUS TRUSTEE 1.00 X 0 0 0 RICHARD PHALEN TRUSTEE 1.00 X 0 0 0 DICK GALLUN TRUSTEE 1.00 X 0 0 0 ALAN GIUFFRE TRUSTEE 1.00 X 0 0 0 JOHN TURNER TRUSTEE 1.00 X 0 0 0 KURT THOMAS TRUSTEE 1.00 X 0 0 0 ARVIND GOPALRATNAM TRUSTEE 1.00 X 0 0 0 TERRENCE WILKINSON TRUSTEE 1.00 X 0 0 0 JUDITH MCGREGOR TRUSTEE 1.00 X 0 0 0 MARIE SINCO WARREN TRUSTEE 1.00 X 0 0 0 PAUL SILBERGLEITH TRUSTEE 1.00 X 0 0 0 KIMBERYLY WALKER TRUSTEE 1.00 X 0 0 0 GREGORY RUFFER PRESIDENT/CEO 40.00 X 65072 0 0 ERIC TILLICH PRESIDENT/CEO 40.00 X 23333 0 423 88405 0 423 0 0 0 0 0 46736 13704 2801004 373042 2861444 TUITION AND FEES 611600 973251 973251 CONTRACTS AND PROGRAM 611600 882333 882333 1855584 26923 26923 18610 46736 23181 -4571 -4571 4739380 1855584 0 22352 122032 20353 50797 50882 1591948 1362955 125866 103127 83966 54908 15175 13883 124137 97371 20756 6010 9800 9800 67825 67825 8750 8750 6803 1441 5192 170 14237 13677 560 104691 65199 30544 8948 28850 6986 21501 363 194695 170922 19639 4134 8127 7020 545 562 37959 31702 1372 4885 17101 17101 151591 139463 6064 6064 34511 26574 6557 1380 BAD DEBT EXPENSE 5331 5331 DUES AND SUBSCRIPTIONS 3990 117 3482 391 SALES TAXES 198 198 1500 1500 2618042 2005519 343339 269184 57788 160570 95004 123390 1818545 57170 66476 22103 23366 5495197 2634223 2705664 2860974 847952 898399 5742 6297 3819809 5929631 23239 62471 176024 244659 606000 423362 805263 730492 X 1821326 3485566 340703 830396 852517 883177 3014546 5199139 3819809 5929631 2121338 63255 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 848952 4272 80809 34584 899449 837943 4925 48748 42664 848952 893970 8000 -11557 52470 837943 829036 11897 93754 40717 893970 825274 34550 43941 74729 829036 0.98190 0.01810 0 0 232675 232675 3551582 1490293 2061289 1710940 1143930 567010 2860974 4817066 63255 -8750 54505 4762561 -23181 -23181 4739380 2632473 23181 23181 2609292 8750 8750 2618042 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 -8,750. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -23,181. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 23,181. 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 PUBLICALLY DISPLAYS ITS RACIALLY NONDISCRIMINATORY POLICY IN PRINTED PUBLICATIONS AND ON ITS WEBSITE. DIGITAL, NEWSPAPER AND BROADCAST MEDIA REINFORCE THIS POLICY THROUGH LANGUAGE AND PHOTOGRAPHY THAT REFLECTS ITS POLICY OF INCLUSION AND REPRESENTS ITS DIVERSE STUDENT BODY. X X X X X X X 1 VISION FIRST LLC 6223 UPPER PKWY N WAUWATOSA WI 532132429 FUNDRAISING FOR VELOCITY CAMPAIGN 0 511615 60725 450890 511615 60725 450890 WI ANNUAL GALA 39255 30080 9175 10415 538 6186 FESTIVAL OF TREES & MUSIC 26091 16656 9435 451 2450 3141 65346 46736 18610 10866 2988 9327 23181 -4571 X 3 80442 QUOTED MARKET PRICES X INSTRUMENTS 1 292600 APPRAISED VALUE 0 0 0 PART I, COLUMN (B): THE CONSERVATORY IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). 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. THE PRESIDENT/CEO'S COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE. 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 MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.