2017-11-08T10:53:35-06:00 2017-06-30 271895149 Heveron & Company CPAs PLLC 260 Plymouth Avenue South Rochester NY 14608 990 2016-07-01 160768758 The David Hochstein Memorial Music School Inc DAVI 5854544596 50 North Plymouth Avenue Rochester NY 14614 Margaret Quackenbush President/ Exec. Dir. 5854544596 2017-11-06 1 Stephanie Annunziata P00195472 5852322956 2017-11-06 24.213.221.209 2017-11-06 13:18:51 ES P 3FE3F55F17F72E3BF4BB5A3E2FE06BE23013D4FB EEA45F81699E10CFF9098B513D476AEA53E0731E 2016 2018-03-14 21:41:22Z Margaret Quackenbush 50 North Plymouth Avenue Rochester NY 14614 4928365 0 X www.hochstein.org X 1920 NY Provide music and dance education to nurture & encourage personal achievement. 28 28 158 124 9577 -5536 768325 836051 1859338 1781029 89966 224006 139294 125968 2856923 2967054 276815 269183 0 0 2042016 2075261 0 0 169714 814429 811152 3133260 3155596 -276337 -188542 7767340 7704643 314649 272848 7452691 7431795 The David Hochstein Memorial Music School, Inc. provides our community with excellent music and dance education in an environment which nurtures and encourages personal achievement. 0 0 1908059 138464 1367741 Music and Dance: 2,141 students aged infants to senior citizens were served in a 36-week school year and 6-week summer sessions, taking weekly individual lessons, musicianship and dance classes, vocal and instrumental ensembles (chamber music, choirs, bands, jazz and rock combos, orchestras), to develop skills and knowledge in music and dance; this figure also includes 398 preschool and school-age children who received musicianship training at their private schools, daycare, or after school programs, etc. from Hochstein faculty members. Over 100 student performances were offered, nearly all of which were free to the public. 548630 130719 428073 Expressive Arts: 1,427 clients were served throughout a 36-week school year and 6-week summer sessions onsite and 4 additional program weeks at community sites; students from preschool to senior citizen ages participated in weekly individual music, dance, and/or art therapy sessions and/or group sessions, to develop cognitive, physical, social, and emotional skills contributing to their independence and quality of life. Many of the participants also perform in periodic concerts at Hochstein and in the community. 2456689 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 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 28 0 1 158 1 1 1 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X Margaret Quackenbush 5854544596 50 North Plymouth Avenue Rochester NY 14614 Abby Adair Reinhard Member 0.50 X 0 0 0 C Allan Reeve Esq Member 0.50 X 0 0 0 Charles Kaplan Member 0.50 X 0 0 0 Darren Miller Member 0.50 X 0 0 0 Katherine Schumacher Member 0.50 X 0 0 0 Leslie Baker Member 0.50 X 0 0 0 Carlos Carballada Member 0.50 X 0 0 0 Jeremy A Cooney Esq Member (Through 5/17) 0.50 X 0 0 0 Elizabeth Hallmark Member 0.50 X 0 0 0 Mimi Hwang Member 0.50 X 0 0 0 Nan Hildebrandt Member 0.50 X 0 0 0 Andree Jacobs-Perkins Member 0.50 X 0 0 0 Eric Logan Secretary 0.50 X X 0 0 0 Judith Ricker Chair 0.50 X X 0 0 0 Jeff Roloson Member 0.50 X 0 0 0 Rachel Rosen Member 0.50 X 0 0 0 Kirsten Piper Brown Member 0.50 X 0 0 0 Maureen Rutecki Treasurer 0.50 X X 0 0 0 Christopher Sardone Member 0.50 X 0 0 0 Susan J Scanlon Esq Member 0.50 X 0 0 0 Lawrence Schenck Member 0.50 X 0 0 0 Christopher Shea Vice-Chair 0.50 X X 0 0 0 Sidney Sobel Member 0.50 X 0 0 0 Jennifer Stenzel Member 0.50 X 0 0 0 Virgina Molino Member 0.50 X 0 0 0 Betsy Rice Member 0.50 X 0 0 0 Dr Michael Rotondo Member 0.50 X 0 0 0 Betsy Friedman Member 0.50 X 0 0 0 Alan Rich Member 0.50 X 0 0 0 Dr Margaret Quackenbush President/Executive Direct 40.00 X 116391 0 4650 116391 0 4650 1 0 0 0 0 13161 110519 35908 676463 37137 836051 Tuition and Registration 611600 1781029 1781029 1781029 75903 75903 107788 5646 0 0 107788 5646 113434 5646 9577 98211 2087492 1939389 148103 148103 148103 25295 110519 21900 3395 3395 128 22 106 106 Other Income 611600 9033 9033 9033 2967054 1795814 9577 325612 269183 269183 122500 73500 24500 24500 1730223 1425342 204042 100839 59005 40443 8748 9814 163533 138639 17890 7004 250 250 16490 16490 24008 24008 76013 31828 35985 8200 51287 41802 9485 84666 7965 72830 3871 4150 4150 251117 208228 41071 1818 20965 18049 2761 155 7805 7805 199818 163496 34776 1546 Educational Supplies 16840 16840 Bad Debt Expense 13827 13827 Recitals and Performanc 6218 6218 37698 15156 20060 2482 3155596 2456689 529193 169714 175759 111502 27807 29112 30495 23256 81059 97875 637 637 28410 33290 8050693 4367349 3815159 3683344 2531475 3725627 1076539 7767340 7704643 104355 118965 20294 11383 190000 142500 314649 272848 X 6097823 6071377 86457 82007 1268411 1278411 7452691 7431795 7767340 7704643 -188542 167646 0 X 0 1 X 1 0 X 634460 917623 721845 768325 836051 3878304 1756065 1772672 1863340 1859386 1781157 9032620 10101 11779 24229 27640 25295 99044 2400626 2702074 2609414 2655351 2642503 13009968 0 0 0 13009968 219787 236030 213822 201792 179760 1051191 219787 236030 213822 201792 179760 1051191 15137 10882 16637 11778 9033 63467 2635550 2948986 2839873 2868921 2831296 14124626 0.92110 0.91770 0.07440 0.07630 X Schedule A, Part III, Line 12, Explanation of Other Income: Ticket Sales Bad Debt Recovery Other Income from Related Activities RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1268411 10000 142918 135751 7167 1278411 1257411 11000 8794 699 8095 1268411 1216701 40710 3134 3462 1257411 1290145 31200 228693 98864 10890 1440284 1250771 11075 168925 117924 22702 1290145 1.00000 0 0 495662 495662 6206507 3273643 2932864 649298 560247 89051 699226 533459 165767 3683344 3137569 167646 167646 2969923 -2869 -2869 2967054 3158465 2869 2869 3155596 0 3155596 Part V, Line 4: The endowment fund is to support the current operating budget of Hochstein by releasing a sustainable supplemental flow of income and appreciation to be used for the general purposes of the School, to provide for the long term growth of the principal of the invested funds, and to provide a reserve of last resort for the School. Part XI, Line 4b - Other Adjustments: Direct Fundraising Expenses -2,869. Part XII, Line 2d - Other Adjustments: Direct Fundraising Expenses 2,869. Gala 115983 95983 20000 3244 16799 509 Hochstein 5k 7174 7174 123157 103157 20000 3244 16799 509 20552 -552 1 Tuition assistance 1434 269183 Tuition Rates Reduced or free tuition. Part I, Line 2: Tuition assistance awards to individuals and families who participate in our programs are made on the basis of required documentation, guidelines and sliding fee scales established by the School's administration; requests for assistance beyond the established guidelines are reviewed by the President & Executive Director, who makes final decisions. X 3 1142 Fair Market Value X Musical Instruments 10 23200 Opinions of experts X Equipment 3 5125 Fair Market Value X Other 3 3380 Estimate X Musical Supplies 8 2045 Estimate X Gift Cards 3 1775 Fair Market Value X Small Furniture 1 430 Estimate X Office Supplies 1 40 Fair Market Value 0 1 0 Form 990, Part VI, Section B, line 11b The Form 990 will be reviewed by the Finance/Audit Committee before filing. All members of the Board of Directors will also receive the Form 990 to review before filing as well. Form 990, Part VI, Section B, line 12c Conflict of interest disclosure statements are completed annually by Board members and by the School's senior staff; they are reviewed by the School's President and the Board Chair. Individual statements are updated if a Board member/Board member's firm has been contracted by the School for compensated services. In 2016-2017 we had no such contracts with Board members or firms in which Board members had an interest. Annually, Board members are reminded to provide to the School's President any changes in their affiliations that may result in a conflict of interest. If a potential conflict is identified, the nature of the potential conflict is explored to determine whether a conflict of interest that has bearing on decisions made and/or funds expended. If the School considers contracting with a Board member/a Board member's firm, the Board member is required to abstain from any committee or full Board deliberation and approval process. Form 990, Part VI, Section B, line 15a The President/Executive Director's salary is evaluated as part of the annual budget process prepared by the Finance Committee and offered to the full Board for their approval. Following the budget approval, the Executive Committee of the Board considers the performance evaluation of the President & Executive Director and makes the final determination of any compensation increase specific to this position, including consideration of appropriate benchmarks. There are no other key employees compensated. Form 990, Part VI, Section C, line 19 All governing documents, conflict of interest policy, and financial statements are available upon request. Summary information about the School's financial position, members of the public served, and other accomplishments are published in an annual report, available in print on request as well as on the School's website.