MARLBORO SCHOOL OF MUSIC INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
MARLBORO SCHOOL OF MUSIC INC (EIN 03-0186612)
Tax period
2016-10-01 to 2017-09-30
Filed
2018-04-05
IRS object ID
201830959349300013
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-04-05T09:26:08-05:00ReturnTs
Tax Period End2017-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131610809PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRIEDMAN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12000 MARKET STREET SUITE 500AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN030186612EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARLBORO SCHOOL OF MUSIC INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMARLBusinessNameControlTxt
Phone2155694690PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11528 WALNUT STREET NO 301AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19102ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPHILIP MANEVALPersonNm
Person TitleASSISTANT TREASURERPersonTitleTxt
Phone2155694690PhoneNum
Signature2018-04-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDENISE MCKNIGHTPreparerPersonNm
PTINP01063588PTIN
Phone2154969200PhoneNum
Preparation2018-04-02PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address38.98.221.158IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-04-02IPDt
IP Tm13:37:06IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9F95A8CC4087A1C3252832ED1F48155CCD44EC68AtSubmissionCreationDeviceId
At Submission Filing Device Id9F95A8CC4087A1C3252832ED1F48155CCD44EC68AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCHRISTOPHER SERKINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11528 WALNUT STREET NO 301AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19102ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,811,291GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MARLBOROMUSIC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1951FormationYr
Legal Domicile StateVTLegalDomicileStateCd
Activity Or MissionTO DEVELOP MUSICAL LEADERS THROUGH A COMMUNITY DEVOTED TO THE EXPLORATION OF CHAMBER MUSIC.ActivityOrMissionDesc
Voting Members Governing Body31VotingMembersGoverningBodyCnt
Voting Members Independent31VotingMembersIndependentCnt
Total Employee36TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,914,284PYContributionsGrantsAmt
CY Contributions Grants$6,616,549CYContributionsGrantsAmt
PY Program Service Revenue$752,335PYProgramServiceRevenueAmt
CY Program Service Revenue$726,472CYProgramServiceRevenueAmt
PY Investment Income$1,108,050PYInvestmentIncomeAmt
CY Investment Income$2,662,065CYInvestmentIncomeAmt
PY Other Revenue$1,968,467PYOtherRevenueAmt
CY Other Revenue$9,594CYOtherRevenueAmt
PY Total Revenue$5,743,136PYTotalRevenueAmt
CY Total Revenue$10,014,680CYTotalRevenueAmt
PY Grants And Similar Paid$458,200PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$455,737CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$889,920PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$969,715CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$135,316CYTotalFundraisingExpenseAmt
PY Other Expenses$2,292,700PYOtherExpensesAmt
CY Other Expenses$2,324,058CYOtherExpensesAmt
PY Total Expenses$3,640,820PYTotalExpensesAmt
CY Total Expenses$3,749,510CYTotalExpensesAmt
PY Revenues Less Expenses$2,102,316PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$6,265,170CYRevenuesLessExpensesAmt
Total Assets BOY$59,193,712TotalAssetsBOYAmt
Total Assets EOY$68,582,692TotalAssetsEOYAmt
Total Liabilities BOY$703,286TotalLiabilitiesBOYAmt
Total Liabilities EOY$707,996TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$58,490,426NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$67,874,696NetAssetsOrFundBalancesEOYAmt
MissionTHE ORGANIZATION IS AN ADVANCED STUDY CENTER FOR THE ARTISTIC DEVELOPMENT OF FUTURE MUSICAL LEADERS THROUGH A FOCUS ON THE INTENSIVE EXPLORATION OF CHAMBER MUSIC.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,034,403ExpenseAmt
Grant$455,737GrantAmt
Revenue$647,274RevenueAmt
DescSUMMER INSTITUTE FOR THE ADVANCED STUDY OF CHAMBER MUSIC WITH 70-100 PARTICIPANTS EACH YEAR. MARLBORO ALSO OFFERS CONCERTS FOR THE BENEFIT OF THE PUBLIC.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$170,176ExpenseAmt
Revenue$79,198RevenueAmt
DescMUSICIANS FROM THE MARLBORO TOURING PROGRAM PROVIDE TOURING OPPORTUNITIES FOR APPROXIMATELY 25 TALENTED YOUNG MUSICIANS WHO PERFORM IN PUBLIC CONCERTS AROUND THE COUNTRY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,204,579TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document70IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee36EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members31GoverningBodyVotingMembersCnt
Independent Voting Member31IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARIANNE TIERNEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2155694690PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11528 WALNUT STREET NO 301AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19102ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
MR CHRISTOPHER SERKIN
PRESIDENT & CHAIRMAN4.00Yes (X)Yes (X)$0$0$0
MR WILLIAM H ROBERTS
TREASURER & VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
SUSAN S RAI ESQ
CLERK & VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
MR PETER A BENOLIEL
DIRECTOR0.30Yes (X)$0$0$0
MR ANTHONY BERNER
DIRECTOR0.30Yes (X)$0$0$0
DR CAROL CHRIST
DIRECTOR0.30Yes (X)$0$0$0
DR EILEEN TATE CLINE
DIRECTOR0.30Yes (X)$0$0$0
MR ARTHUR H COPELAND
DIRECTOR0.30Yes (X)$0$0$0
MRS MARY MAPLES DUNN FORMER
DIRECTOR0.30Yes (X)$0$0$0
MR WILLEM VAN EEGHEN
DIRECTOR0.30Yes (X)$0$0$0
MS BARBARA E FIELD
DIRECTOR0.30Yes (X)$0$0$0
MR DANIEL B GINSBERG
DIRECTOR0.30Yes (X)$0$0$0
MRS BARBARA WINTER GLAUBER
DIRECTOR0.30Yes (X)$0$0$0
MS CAROL COLBURN GRIGOR
DIRECTOR0.30Yes (X)$0$0$0
MR ALAN HIRSIG FORMER
DIRECTOR0.30Yes (X)$0$0$0
JUDITH W HURTIG
DIRECTOR0.30Yes (X)$0$0$0
MRS MARTA CASALS ISTOMIN
DIRECTOR0.30Yes (X)$0$0$0
MR ROBERT W JONES
DIRECTOR0.30Yes (X)$0$0$0
MAXIMILIAN W KEMPNER ESQ
DIRECTOR0.30Yes (X)$0$0$0
MR RICHARD C LEWONTIN
DIRECTOR0.30Yes (X)$0$0$0
MRS SYLVIA MARX
DIRECTOR0.30Yes (X)$0$0$0
MS ELIZABETH MEYER
DIRECTOR0.30Yes (X)$0$0$0
MS PHYLLIS J MILLS
DIRECTOR0.30Yes (X)$0$0$0
MR EDWARD A MONTGOMERY JR
DIRECTOR0.30Yes (X)$0$0$0
MR LESTER S MORSE JR
DIRECTOR0.30Yes (X)$0$0$0
MR MICHAEL POLLACK
DIRECTOR0.30Yes (X)$0$0$0
ANGELICA ZANDER RUDENSTINE
DIRECTOR0.30Yes (X)$0$0$0
DR LUISA M SAFFIOTTI
DIRECTOR0.30Yes (X)$0$0$0
MS ANNE-MARIE SOULLIERE
DIRECTOR0.30Yes (X)$0$0$0
MR STEPHEN STAMAS
DIRECTOR0.30Yes (X)$0$0$0
MR HARVEY TRAISON
DIRECTOR0.30Yes (X)$0$0$0
MR CHRISTOPH WOLFF
DIRECTOR0.30Yes (X)$0$0$0
MR MALCOM WRIGHT FORMER
DIRECTOR0.30Yes (X)$0$0$0
MARSHA GRAY
DIRECTOR0.30Yes (X)$0$0$0
PHILIP MANEVAL
ASSISTANT TREASURER30.00Yes (X)$102,465$0$16,899
MILES COHEN
ASSISTANT TREASURER30.00Yes (X)$61,103$0$10,305
FRANK SALOMON
ADMINISTRATOR30.00$110,500$0$25,589Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$274,068TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$52,793TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
MARLBORO COLLEGE
2582 SOUTH ROADMARLBOROVT05344LEASEHOLDER$306,042
METZ CULINARY MANAGEMENT
2 WOODLAND DRIVEDALLASPA18612FOOD SERVICE$142,820
INDEPENDENCE BLUE CROSS
PO BOX 8500PHILADELPHIAPA19178HEALTH INSURANCE$122,429
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$35,000GovernmentGrantsAmt
All Other Contributions$6,581,549AllOtherContributionsAmt
Noncash Contributions$85,000NoncashContributionsAmt
Total Contributions$6,616,549TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITIONS611600$458,912$458,912
SUMMER TICKET SALES711130$180,297$180,297
MUSIC FROM MARLBORO CONCERTS711190$79,198$79,198
CD, BOOK & POSTER SALES711190$8,065$8,065
FieldValueIRS element (for citing)
Total Program Service Revenue$726,472TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,056,551TotalRevenueColumnAmt
Exclusion$1,056,551ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$32,172RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$22,578RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$9,594RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,594TotalRevenueColumnAmt
Exclusion$9,594ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,379,547SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,774,033SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,605,514SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,605,514TotalRevenueColumnAmt
Exclusion$1,605,514ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,014,680TotalRevenueColumnAmt
Related Or Exempt Func Income$726,472RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,671,659ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$455,737TotalAmt
Program Services$455,737ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$200,133TotalAmt
Program Services$123,745ProgramServicesAmt
Management And General$76,388ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$557,936TotalAmt
Program Services$375,825ProgramServicesAmt
Management And General$94,336ManagementAndGeneralAmt
Fundraising$87,775FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$41,571TotalAmt
Program Services$27,569ProgramServicesAmt
Management And General$6,955ManagementAndGeneralAmt
Fundraising$7,047FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$110,637TotalAmt
Program Services$72,227ProgramServicesAmt
Management And General$23,761ManagementAndGeneralAmt
Fundraising$14,649FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$59,438TotalAmt
Program Services$39,261ProgramServicesAmt
Management And General$13,025ManagementAndGeneralAmt
Fundraising$7,152FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,853TotalAmt
Management And General$5,853ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt
Management And General$15,000ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$67,591TotalAmt
Program Services$67,591ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$89,399TotalAmt
Program Services$32,184ProgramServicesAmt
Management And General$49,169ManagementAndGeneralAmt
Fundraising$8,046FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$435,266TotalAmt
Program Services$411,369ProgramServicesAmt
Management And General$23,897ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$283,206TotalAmt
Program Services$249,221ProgramServicesAmt
Management And General$33,985ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$71,957TotalAmt
Program Services$50,370ProgramServicesAmt
Management And General$21,587ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FACULTY, INVITED, GUEST$398,393$398,393
OTHER SCHOOL EXPENSES$297,579$267,822$29,757
MUSICIANS FROM MARLBORO$170,176$170,176
SUMMER FACILITY EXPENSE$159,131$159,131

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$330,507TotalAmt
Program Services$303,958ProgramServicesAmt
Management And General$15,902ManagementAndGeneralAmt
Fundraising$10,647FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,749,510TotalAmt
Program Services$3,204,579ProgramServicesAmt
Management And General$409,615ManagementAndGeneralAmt
Fundraising$135,316FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$300BOYAmt
EOY$352EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$466,003BOYAmt
EOY$396,531EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$315,801BOYAmt
EOY$232,994EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$17,811BOYAmt
EOY$43,294EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,250,654LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,570,676LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,922,728BOYAmt
EOY$4,679,978EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$52,153,508BOYAmt
EOY$61,809,874EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,317,561BOYAmt
EOY$1,419,669EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$59,193,712BOYAmt
EOY$68,582,692EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$67,256BOYAmt
EOY$133,186EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,679BOYAmt
EOY$14,239EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$632,351BOYAmt
EOY$560,571EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$703,286BOYAmt
EOY$707,996EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,555,536BOYAmt
EOY$12,562,440EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$32,012,578BOYAmt
EOY$35,363,805EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$19,922,312BOYAmt
EOY$19,948,451EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$58,490,426BOYAmt
EOY$67,874,696EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$59,193,712BOYAmt
EOY$68,582,692EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$6,265,170ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$3,119,100NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,759,085CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,857,869CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$884,353CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,914,285CurrentTaxYearMinus1YearAmt
Current Tax Year$1,397,845CurrentTaxYearAmt
Total$9,813,437TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,759,085CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,857,869CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$884,353CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,914,285CurrentTaxYearMinus1YearAmt
Current Tax Year$1,397,845CurrentTaxYearAmt
Total$9,813,437TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,469,614SubstantialContributorsTotAmt
Public Support Total170$7,343,823PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$849,231CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$823,938CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$925,632CurrentTaxYearMinus1YearAmt
Current Tax Year$1,088,723CurrentTaxYearAmt
Total$3,687,524TotalAmt
FieldValueIRS element (for citing)
Total Support$13,500,961TotalSupportAmt
Gross Receipts Rltd Activities$3,688,548GrossReceiptsRltdActivitiesAmt
Public Support CY1700.54390PublicSupportCY170Pct
Public Support PY1700.56080PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$46,828,468BeginningYearBalanceAmt
Contributions$68,623ContributionsAmt
Investment Earnings Or Losses$5,164,659InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,008,550GrantsOrScholarshipsAmt
End Year Balance$50,053,200EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$44,524,536BeginningYearBalanceAmt
Contributions$50,506ContributionsAmt
Investment Earnings Or Losses$4,225,872InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,972,446GrantsOrScholarshipsAmt
End Year Balance$46,828,468EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$46,066,272BeginningYearBalanceAmt
Contributions$174,987ContributionsAmt
Investment Earnings Or Losses$248,358InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,965,081GrantsOrScholarshipsAmt
End Year Balance$44,524,536EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$42,389,697BeginningYearBalanceAmt
Contributions$596,778ContributionsAmt
Investment Earnings Or Losses$4,779,797InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,700,000GrantsOrScholarshipsAmt
End Year Balance$46,066,272EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$38,917,442BeginningYearBalanceAmt
Contributions$174,240ContributionsAmt
Investment Earnings Or Losses$4,914,015InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,616,000GrantsOrScholarshipsAmt
End Year Balance$42,389,697EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.39850PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.60150TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$239,184OtherCostOrOtherBasisAmt
Book Value$239,184BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,504,184OtherCostOrOtherBasisAmt
Depreciation$757,269DepreciationAmt
Book Value$3,746,915BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,277,311OtherCostOrOtherBasisAmt
Depreciation$627,210DepreciationAmt
Book Value$650,101BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$229,975OtherCostOrOtherBasisAmt
Depreciation$186,197DepreciationAmt
Book Value$43,778BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,679,978TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
MUTUAL FUNDS: EQUITY SECURITIES$34,423,362F
MUTUAL FUNDS: FIXED INCOME SECURITIES$27,386,512F
FieldValueIRS element (for citing)
Total Book Value Securities$61,809,874TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
CHARITABLE GIFT ANNUITY$242,727
DEFERRED RENT$317,844
FieldValueIRS element (for citing)
Total Liability$560,571TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$12,724,421TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$3,119,100NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$23,800DonatedServicesAndUseFcltsAmt
Other Revenue$22,578OtherRevenueAmt
Revenue Not Reported$3,165,478RevenueNotReportedAmt
Revenue Subtotal$9,558,943RevenueSubtotalAmt
Other Revenues Not Included$455,737OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$455,737RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$10,014,680TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,340,151TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$23,800DonatedServicesUseFcltsAmt
Other Expenses Included$22,578OtherExpensesIncludedAmt
Expenses Not Reported$46,378ExpensesNotReportedAmt
Expenses Subtotal$3,293,773ExpensesSubtotalAmt
Other Expenses Not Included$455,737OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$455,737ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,749,510TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE ORGANIZATION'S ENDOWMENT FUNDS' PRINCIPAL IS TO BE MAINTAINED AS PRESCRIBED BY THE DONOR AND INVESTED. INCOME EARNED ARE INTENDED TO SUPPORT CURRENT OPERATIONS.
PART X, LINE 2:MANAGEMENT OF THE ORGANIZATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR UPON EXAMINATION BY TAX AUTHORITIES, INCLUDING CHANGES TO THE ORGANIZATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE ORGANIZATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS SUBJECT TO THE UNRELATED BUSINESS INCOME TAX THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATING FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 22,578.
PART XI, LINE 4B - OTHER ADJUSTMENTS:TUITION EXPENSE 455,737.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 22,578.
PART XII, LINE 4B - OTHER ADJUSTMENTS:TUITION EXPENSE 455,737.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient42RecipientCnt
Cash Grant$455,737CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSCHOLARSHIP FUNDS ARE NEVER CASHED TO PARTICIPANTS. THE ORGANIZATION ENTERS A GL JOURNAL ENTRY EACH YEAR, TO SHOW THE CALCULATED AMOUNT OF "TUITION, ROOM AND BOARD (TRB)" TO SHOW HOW WE FUND THE SUMMER PROGRAM. GRANTS ARE AWARDED TO MUSICIANS IN THE FORM OF SCHOLARSHIPS TO ATTEND THE SUMMER PROGRAM. NO GRANT FUNDS ARE ADMINISTERED.ExplanationTxt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescMOSKOVITZ PIANODesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$85,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesAPPRAISALMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BONLY SOME COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY CONTEMPORANEOUSLY DOCUMENTED THE MEETINGS.
FORM 990, PART VI, SECTION B, LINE 11BTHE BUSINESS MANAGER COMPARES THE FORM 990 TO THE ENTITY'S UNDERLYING RECORDS AND ITS AUDITED FINANCIALS. ONCE SATISFIED AS TO THE COMPLETENESS AND ACCURACY OF THE FORM 990, SHE PROVIDES THE FORM 990 TO THE AUDIT COMMITTEE CHAIR. THE AUDIT COMMITTEE CHAIR WILL THEN PRESENT A DRAFT OF THE FORM 990 TO THE BOARD FOR REVIEW AND APPROVAL, PRIOR TO FINALIZING THE RETURN.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY, THE CLERK OF THE BOARD OF DIRECTORS REVIEWS ANNUAL BOARD QUESTIONNAIRES FOR POTENTIAL CONFLICTS. ANY CONFLICTS ARE TAKEN TO THE BOARD FOR DISCUSSION AND THE DIRECTOR WITH THE CONFLICT IS PRECLUDED FROM ANY DIALOGUE REGARDING SAID CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15MANAGEMENT, THE BOARD CHAIRMAN AND THE PERSONNEL COMMITTEE REVIEW AND DETERMINE ANY CHANGES TO COMPENSATION. THE PERSONNEL COMMITTEE USES COMMON MARKET STANDARDS AS REFERENCE. THIS PROCESS WAS LAST UNDERTAKEN IN FALL 2017.
FORM 990, PART VI, SECTION C, LINE 19THE BUSINESS MANAGER MAKES THESE ITEMS AVAILABLE, WITHIN FIVE BUSINESS DAYS OF A WRITTEN REQUEST, AT THE OFFICE LOCATION.
FORM 990; PART XII; LINE 2CTHIS PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1FRANCESCO VON MENDELSSOHN FUND INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11528 WALNUT STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19102ZIPCd
FieldValueIRS element (for citing)
EIN233059283EIN
Primary ActivitiesLOANS TO MUSICIANSPrimaryActivitiesTxt
Legal Domicile StateVTLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12A, IPublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.