2018-04-12T11:52:01-05:00 2017-05-31 381357951 PLANTE & MORAN PLLC 4444 W BRISTOL ROAD SUITE 360 FLINT MI 48507 990 2016-06-01 386159482 FLINT INSTITUTE OF MUSIC FLIN 8102381350 1025 E KEARSLEY ST FLINT MI 48503 RODNEY LONTINE PRESIDENT/CEO 8102381350 2018-04-10 1 LYNNE M HUISMANN P00053811 8107675350 2018-04-06 67.59.56.31 2018-04-10 10:34:00 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 AEC246C877AFDE0C9EAC16FDE8B9F36C9BAAA64D 2016 2021-01-29 14:40:06Z RODNEY LONTINE 1025 E KEARSLEY ST FLINT MI 48503 8957224 0 X WWW.THEFIM.ORG X 1966 MI CHANGING LIVES THROUGH A LIFELONG CONTINUUM OF WORLD-CLASS MUSIC, THEATRE, AND DANCE. 24 24 436 461 18707 885 6310401 4892049 1406741 1374152 750585 702552 35836 187981 8503563 7156734 202973 228477 0 0 3526981 3753126 0 0 176116 2658903 2516135 6388857 6497738 2114706 658996 24354854 26528709 363743 312955 23991111 26215754 X CHANGING LIVES THROUGH A LIFELONG CONTINUUM OF WORLD-CLASS MUSIC, THEATRE, AND DANCE. 0 0 1244731 0 213267 THE FLINT SYMPHONY ORCHESTRA ENJOYS A RICH 96-YEAR HISTORY OF OUTSTANDING CONCERTS, STANDING OVATIONS AND PERFORMANCES THE COMMUNITY HAS COME TO LOVE AND APPRECIATE.THE FLINT SYMPHONY PERFORMS SIX CLASSICAL CONCERTS FROM SEPTEMBER THROUGH APRIL EACH YEAR. THE FSO'S INNOVATIVE PROGRAMMING IS HIGHLIGHTED WITH A DIFFERENT THEME EACH SEASON. 2746858 228477 977551 THE FLINT SCHOOL OF PERFORMING ARTS (FSPA), WITH MORE THAN 3,500 STUDENTS, IS THE LARGEST COMMUNITY SCHOOL OF THE ARTS IN MICHIGAN, AND ONE OF THE LARGEST IN THE US. IN OUR STATE-OF-THE-ART FACILITY STUDENTS OF ALL AGES, FROM INFANTS TO SENIOR CITIZENS, DISCOVER AN AMAZING WORLD OF MUSIC AND DANCE.A CARING FACULTY OF MORE THAN 50 DEGREED ARTIST/TEACHERS GUIDE AND PROVIDE FUN AND CHALLENGING OPPORTUNITIES IN MUSIC AND DANCE, AS WELL AS ENSEMBLE AND OUTREACH PROGRAMS, FOR BEGINNERS TO ADVANCED STUDENTS FROM 21 COUNTIES ACROSS EASTERN MICHIGAN. 969530 0 181153 SINCE 1957, FLINT YOUTH THEATRE'S NATIONALLY-ACCLAIMED, AWARD-WINNING INTER-GENERATIONAL PROGRAMMING HAS PROVIDED FLINT AREA RESIDENTS WITH OPPORTUNITIES TO EXPERIENCE THE UNIQUE JOYS OF DISCOVERY AND SELF-EXPRESSION THROUGH THE PERFORMING ARTS. 169 2181 ALLEGRO - AUXILIARY OVER WHICH THE BOARD HAS CONTROL OF THE VOLUNTEERS WHO PROVIDE SERVICE TO FLINT INSTITUTE OF MUSIC 169 2181 4961288 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 122 0 1 436 1 1 1 0 0 0 0 1 1 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MI X MARIANNE STUCKWISCH 8102381350 1025 E KEARSLEY ST FLINT MI 48503 ALFRED B BRADLEY TRUSTEE (PART YEAR) 1.00 X 0 0 0 BILL HENTGEN TRUSTEE 1.00 X 0 0 0 CHRIS COOK TRUSTEE (PART YEAR) 1.00 X 0 0 0 DR CYRUS FARREHI TRUSTEE 1.00 X 0 0 0 GLORIA VANDUYNE TRUSTEE 1.00 X 0 0 0 JIM SPANGLER TRUSTEE 1.00 X 0 0 0 LENNETTA B CONEY TRUSTEE 1.00 X 0 0 0 MATTHEW D TELLIGA TRUSTEE 1.00 X 0 0 0 PETE HUTCHISON TRUSTEE 1.00 X 0 0 0 ROSA WANG TRUSTEE 1.00 X 0 0 0 SAMUEL R DISMOND JR MD TRUSTEE 1.00 X 0 0 0 DANIEL T ANBE TRUSTEE 1.00 X 0 0 0 CHRISTOPHER ESTES TRUSTEE 1.00 X 0 0 0 BRENDA FORTUNATE TRUSTEE 1.00 X 0 0 0 BRAD FOGLEMAN TRUSTEE 1.00 X 0 0 0 EILEEN LAWSON TRUSTEE (PART YEAR) 1.00 X 0 0 0 ELIZABETH DEAN TRUSTEE 1.00 X 0 0 0 JOHN C KOEGEL TRUSTEE 1.00 X 0 0 0 LEONARD LAROCCA TRUSTEE 1.00 X 0 0 0 ESSENCE WILSON TRUSTEE 1.00 X 0 0 0 DR MARK PLUCER TRUSTEE 1.00 X 0 0 0 DR RAMA RAO TRUSTEE 1.00 X 0 0 0 JOYCE VAHALA TRUSTEE 1.00 X 0 0 0 KIMBERLY WHITMORE TRUSTEE 1.00 X 0 0 0 CATHY O BLIGHT SECRETARY 1.00 X X 0 0 0 VINCE LORRAINE CHAIR 1.00 X X 0 0 0 THOMAS B LILLIE TREASURER 1.00 X X 0 0 0 RODNEY LONTINE PRESIDENT & CEO 40.00 X 64583 0 2811 DAVIN TORRE FSPA DIRECTOR 40.00 X 114758 0 13469 PAUL TORRE PRESIDENT & CEO - FORMER 0.00 X 186263 0 13722 365604 0 30002 2 1 1 0 0 603160 289430 515314 3484145 16784 4892049 TUITION 611600 932848 932848 TICKET SALES 711190 383816 383816 CONCESSIONS REVENUE 722210 18223 18223 PROGRAM RELATED RENTAL INCOME 900099 16076 16076 MANAGEMENT FEES 561000 5525 5525 17664 17664 1374152 412158 412158 1797326 1506932 290394 290394 290394 314770 289430 173440 141330 141330 148062 120118 27944 27944 PROGRAM ADVERTISING 541800 18707 18707 18707 7156734 1374152 18707 871826 228477 228477 329186 260056 52670 16460 2880305 2224933 545798 109574 16385 5491 10894 268046 179275 69024 19747 259204 204593 44645 9966 9734 9734 30100 30100 123213 123213 40590 40590 335701 318502 17199 315229 117031 177829 20369 384135 384135 255089 3629 251460 36192 10379 25813 ARTISTIC OPERATIONS 982317 982317 BAD DEBT 3835 1880 1955 6497738 4961288 1360334 176116 1792383 2419976 25508 22360 282731 442753 28762 74136 37916 29597 9656774 4748490 5141446 4908284 16994074 18576549 52034 55054 24354854 26528709 300529 255825 63214 57130 363743 312955 X 6913468 7054107 5939072 8457270 11138571 10704377 23991111 26215754 24354854 26528709 658996 1565647 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 41987 X 47130988 887085 6321300 1162545 723708 218067 52235053 48357846 1706353 -942458 1126370 650753 213630 47130988 48234219 88913 2032245 1110328 676091 211112 48357846 44491612 89900 5525343 1035652 639515 197469 48234219 40061073 81969 6175616 1044833 616571 165642 44491612 0.02090 0.12620 0.85290 1 0 8013808 3149041 4864767 1539481 1497743 41738 103485 101706 1779 4908284 9254478 1565647 15507 639803 2220957 7033521 123213 123213 7156734 6390032 15507 15507 6374525 123213 123213 6497738 Part III, Line 4: THE FIM HAS RECEIVED ANTIQUE MUSICAL INSTRUMENTS, WHICH ARE ON DISPLAY FOR PUBLIC VIEWING AND THE STUDENTS HAVE THE ABILITY TO USE AND VIEW THE INSTRUMENTS FOR EDUCATIONAL PURPOSES. Part V, Line 4: FIM HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. Part XI, Line 2d - Other Adjustments: ELIMINATIONS FOR TRUSTS HELD BY THIRD PARTY 74,125. ELIMINATIONS FOR RELATED TAX-EXEMPT ORGANIZATIONS 565,678. PART V, LINE 1A BALANCE INCLUDES ENDOWMENTS HELD BY THE COMMUNITY FOUNDATION OF GREATER FLINT FOR THE BENEFIT OF FIM. THESE FUNDS ARE NOT REFLECTED ON THE BALANCE SHEET OF FIM AS THEY DO NOT HOLD VARIANCE POWER OVER THESE ASSETS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 THE POLICY IS IN ALL PRINTED MATERIALS AND PUBLICATIONS. AUCTION 458129 242180 215949 24294 18523 50659 SEEING STARS 48244 48244 3734 5 97827 47250 50577 7621 24378 17580 26651 604200 289430 314770 31915 42901 17580 81044 173440 141330 148062 111196 8642 280 1 0.96000 148062 111196 8642 280 120118 27944 MI 1 0 1 0 1.00000 MICHELLE MINARIK 1025 EAST KEARSLEY STREET FLINT MI 48503 0 MICHELLE MINARIK 4000 RECORDKEEPING, BANK DEPOSITS, OVERSEEING OF STAFF X 0 1 SCHOLARSHIPS FOR TUITION ASSISTANCE 946 66050 MERIT SCHOLARSHIPS 192 162427 Part I, Line 2: MERIT SCHOLARSHIPS ARE AWARDED BASED ON STUDENT'S PERFORMANCE DURING AUDITIONS. THEY ARE JUDGED BASED ON CATEGORIES OF MUSICIANSHIP, WITH THE HIGHEST SCORES BEING AWARDED SCHOLARSHIP FUNDS. TUITION ASSISTANCE IS DETERMINED BY NEED FACTORS. APPLICANT INFORMATION AND DOCUMENTATION IS INPUTTED INTO SOFTWARE USED BY COLLEGES AND UNIVERSITIES TO DETERMINE FINANCIAL AID. AMOUNT OF FUNDS AVAILABLE ARE DETERMINED BY PERFORMING ARTS DIRECTOR AND CEO. LEVEL OF SUPPORT DETERMINED BY SCORES BASED ON NEED. SCHOLARSHIPS ARE APPLIED TO EACH AWARDEE'S ACCOUNT AS A CREDIT. X X X X 1 0 0 0 0 0 0 0 0 PAUL TORRE PRESIDENT & CEO - FORMER 183132 0 3131 0 0 0 1957 0 11765 0 199985 0 0 0 Part I, Line 4a PAUL TORRE RECEIVED A SEVERANCE PACKAGE IN THE AMOUNT OF $156,548. DAVIN TORRE FAMILY MEMBER OF PAUL TORRE 128382 EMPLOYMENT 0 Form 990, Part VI, Section B, line 11b A DRAFT OF FORM 990 WAS PRESENTED TO THE BOARD AND FINANCE COMMITTEE FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Section B, line 12c THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND ANY PERSON WITH CONFLICT OF INTEREST IS REQUIRED TO ABSTAIN FROM VOTING WHERE CONFLICT EXISTS. Form 990, Part VI, Section B, line 15a RESEARCH OF SIMILAR ORGANIZATIONS WITHIN THE STATE FOR THE RESPECTIVE POSITIONS IS PERFORMED AND EXECUTIVES ARE EVALUATED AGAINST OTHER ORGANIZATIONS' 990 DATA ANNUALLY IN JULY. THE INFORMATION IS PRESENTED TO THE BOARD CHAIR AND TO THE PRESIDENT FOR THE CEO AND ALL OTHER STAFF, RESPECTIVELY. THE INFORMATION IS EVAULATED AND RECOMMENDATIONS ARE MADE AND PUT INTO ACTION WHEN THE BUDGET IS APPROVED BY THE BOARD ANNUALLY IN MAY. Form 990, Part VI, Section C, line 19 PUBLIC VIEWING COPIES OF THE GOVERNING DOCUMENTS, ORGANIZATION POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE IN THE FINANCE OFFICE, AT BOARD MEETINGS, AND AT THE ANNUAL MEETING. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE IN OVERSIGHT OR SELECTION PROCESS DURING THE YEAR FLINT INST OF MUSIC IRREV ENDOWMENT TRUST PNC BANK NA PO BOX 609 PITTSBURGH PA 152309738 386674101 TO HOLD ENDOWMENT FOR FLINT INSTITUTE OF MUSIC MI 501(c)(3) Line 12d, III-O N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FLINT INST OF MUSIC IRREV ENDOWMENT TRUST C 452345 CASH