2017-05-08T13:56:34-05:00 2016-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2015-07-01 340714600 CLEVELAND INSTITUTE OF MUSIC CLEV 2167915000 11021 EAST BLVD CLEVELAND OH 44106 ERIC BOWER VICE PRESIDENT/COO 2167915000 2017-03-01 1 CHRISTOPHER B ANDERSON P00226559 2163630100 2015 2021-01-29 14:40:06Z ERIC BOWER 11021 EAST BLVD CLEVELAND OH 44106 49159392 0 X WWW.CIM.EDU X 1920 OH THE MISSION OF THE CLEVELAND INSTITUTE OF MUSIC IS TO CULTIVATE NEW GENERATIONS OF YOUNG MUSICIANS THROUGH AN IMMERSIVE AND CREATIVE EDUCATIONAL PROCESS, GUIDING THE MOST MUSICALLY TALENTED INDIVIDUALS TOWARDS FULFILLING CAREERS THAT ENGAGE DIVERSE AND GLOBAL AUDIENCES, STIMULATING THE UNDERSTANDING AND LOVE OF MUSIC THROUGHOUT THE WORLD. 45 45 643 273 37233 36233 3597054 5681427 24274582 23990527 2584648 2145812 356870 163869 30813154 31981635 11014549 11527058 0 0 12625096 13040534 0 0 1358913 6799646 7100625 30439291 31668217 373863 313418 89614560 86425798 18446563 17587317 71167997 68838481 X THE MISSION OF THE CLEVELAND INSTITUTE OF MUSIC IS TO CULTIVATE NEW GENERATIONS OF YOUNG MUSICIANS THROUGH AN IMMERSIVE AND CREATIVE EDUCATIONAL PROCESS, GUIDING THE MOST MUSICALLY TALENTED INDIVIDUALS TOWARDS FULFILLING CAREERS THAT ENGAGE DIVERSE AND GLOBAL AUDIENCES, STIMULATING THE UNDERSTANDING AND LOVE OF MUSIC THROUGHOUT THE WORLD. 0 0 24235709 11527058 24153455 FOUNDED IN 1920, CIM IS ONE OF 7 INDEPENDENT MUSIC CONSERVATORIES IN THE U.S.A. AND IS KNOWN FOR SUPERIOR ORCHESTRAL, CHAMBER MUSIC, COMPOSITION, VOICE AND OPERA MUSIC PROGRAMS AT BOTH THE UNDERGRADUATE AND GRADUATE LEVELS. OUR INTERNATIONALLY ACCLAIMED FACULTY IS COMPRISED OF PRACTICING MUSICIANS, AWARD-WINNING COMPOSERS AND PRODUCERS, PUBLISHED ACADEMICS, SOUGHT-AFTER LECTURERS AND PRINCIPALS OF THE CLEVELAND ORCHESTRA. CONSERVATORY ALUMNI PLAY IMPORTANT MUSICAL ROLES AS COMPOSERS, INSTRUMENTAL AND VOCAL SOLOISTS, RENOWNED CHAMBER MUSICIANS AND MEMBERS OF PREMIER ORCHESTRAS AROUND THE GLOBE. CIM'S PREPARATORY AND CONTINUING EDUCATION DIVISION SUPPORTS OVER 1,300 ENROLLMENTS IN PRIVATE AND GROUP LESSONS, CLASSES AND ENSEMBLES. ANNUALLY, CIM PRESENTS MORE THAN 300 MOSTLY FREE MUSIC EVENTS. 24235709 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 762 0 1 643 1 1 1 0 0 0 0 1 1 0 0 0 0 X 45 45 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X X ERIC BOWER 2167915000 11021 EAST BLVD CLEVELAND OH 44106 ADDICOTT GAY CULL TRUSTEE 1.00 0.00 X 0 0 0 ANDERSON A CHACE TRUSTEE 1.00 0.00 X 0 0 0 BALDASSARRE CARL E TRUSTEE 1.00 0.00 X 0 0 0 BASSETT CYNTHIA TRUSTEE 1.00 0.00 X 0 0 0 BITTENBENDER CHARLES A TRUSTEE 1.00 0.00 X 0 0 0 BRODHEAD PETER J TRUSTEE 1.00 0.00 X 0 0 0 BUCKLEY BRENT M TRUSTEE AND VICE CHAIR 1.00 0.00 X X 0 0 0 BUESCHER ANN TRUSTEE 1.00 0.00 X 0 0 0 COFFEY THOMAS W TRUSTEE 1.00 0.00 X 0 0 0 COOLEY III CHARLES P TRUSTEE 1.00 0.00 X 0 0 0 CURRY JANET TRUSTEE 1.00 0.00 X 0 0 0 DAVIS JEFFREY M TRUSTEE 1.00 0.00 X 0 0 0 DECONINGH MATHEW F TRUSTEE 1.00 0.00 X 0 0 0 DEIOMA ROSEMARY TRUSTEE 1.00 0.00 X 0 0 0 DONLEY TERRANCE K TRUSTEE 1.00 0.00 X 0 0 0 GRATRY BARBARA TRUSTEE AND SECRETARY 1.00 0.00 X X 0 0 0 HARVIE CRAWFORD T TRUSTEE 1.00 0.00 X 0 0 0 HAYES ELEANOR M TRUSTEE 1.00 0.00 X 0 0 0 HELLMAN JOHN A TRUSTEE 1.00 0.00 X 0 0 0 HIPPLE RICHARD J TRUSTEE AND CHAIR 1.00 0.00 X X 0 0 0 JENKS CARL M TRUSTEE 1.00 0.00 X 0 0 0 LINTON JEFFREY B TRUSTEE 1.00 0.00 X 0 0 0 MALZ JAMES M TRUSTEE 1.00 0.00 X 0 0 0 MARSTON CHARLES S TRUSTEE AND VICE CHAIR 1.00 0.00 X X 0 0 0 MIMS A GRACE L TRUSTEE 1.00 0.00 X 0 0 0 MIXON III A MALACHI TRUSTEE 1.00 0.00 X 0 0 0 MOBLEY MARILYN S TRUSTEE 1.00 0.00 X 0 0 0 MOYAR MARJORIE M TRUSTEE 1.00 0.00 X 0 0 0 POGUE RICHARD W TRUSTEE 1.00 0.00 X 0 0 0 POTH GARY W TRUSTEE 1.00 0.00 X 0 0 0 RILEY SHAWN M TRUSTEE 1.00 0.00 X 0 0 0 ROBINSON BARBARA S TRUSTEE 1.00 0.00 X 0 0 0 ROTHMANN SUSAN A TRUSTEE 1.00 0.00 X 0 0 0 SCHLANG ELLIOTT L TRUSTEE 1.00 0.00 X 0 0 0 SCIARAPPA DONNA M TRUSTEE AND TREASURER 1.00 0.00 X X 0 0 0 SEIDENFELD ASTRI TRUSTEE 1.00 0.00 X 0 0 0 SELVAGGI HOLLY TRUSTEE 1.00 0.00 X 0 0 0 SOLGANIK MARVIN TRUSTEE 1.00 0.00 X 0 0 0 STEWART HAROLD O TRUSTEE 1.00 0.00 X 0 0 0 SWIFT CHRISTOPHER J TRUSTEE 1.00 0.00 X 0 0 0 SYKES PAUL J TRUSTEE 1.00 0.00 X 0 0 0 THOMAS JOSEPH H TRUSTEE AND VICE CHAIR 1.00 0.00 X X 0 0 0 WEINBERGER JOY TRUSTEE 1.00 0.00 X 0 0 0 WILSON SONALI TRUSTEE 1.00 0.00 X 0 0 0 WONG ROSE TRUSTEE 1.00 0.00 X 0 0 0 SMIRNOFF JOEL PRESIDENT AND FACULTY 40.00 0.00 X 426503 0 38243 BOWER ERIC L VP AND CHIEF OPERATING OFFICER 40.00 0.00 X 245058 0 42818 STONE KARIN L VP INST. ADVANCEMENT 40.00 0.00 X 212939 0 29094 HANSON GARY INTERIM PRESIDENT 40.00 0.00 X 6500 0 0 SNELL NANCY ASST.SECRETARY 40.00 0.00 X 37231 0 15510 PREUCIL WILLIAM FACULTY 40.00 0.00 X 179269 0 16703 IRVINE JEFFREY FACULTY 40.00 0.00 X 146692 0 13690 ROBINSON SHARON FACULTY 40.00 0.00 X 130258 0 23712 LAREDO JAIME FACULTY 40.00 0.00 X 130360 0 23621 SALAFF PETER FACULTY 40.00 0.00 X 123700 0 35834 1638510 0 239225 14 0 1 0 ERNST & YOUNG LLP 950 MAIN AVENUE 1800 CLEVELAND OH 44113 AUDITING 116900 1 880288 4801139 1476651 5681427 TUITION AND FEES 611310 23990527 23990527 23990527 1035718 36669 999049 2430 1489 941 941 564 377 18286362 17176268 1110094 1110094 1110094 OTHER REVENUE 611310 162928 162928 162928 31981635 24153455 37233 2109520 11485058 11485058 42000 42000 1235544 279469 577702 378373 9835467 8056465 1398624 380378 409137 329413 65678 14046 848582 634107 177286 37189 711804 588162 94532 29110 47463 47463 165874 165874 92730 92730 1066480 483821 464457 118202 87632 13215 74417 701725 335799 322226 43700 135341 9653 109946 15742 1145057 483199 661858 171082 143546 27461 75 178146 94807 24369 58970 285799 7459 5830 272510 1607621 50000 1557621 167174 34649 132525 CWRU TUITION 1083206 1083206 MISCELLANEOUS 113095 55047 55196 2852 BAD DEBT EXPENSE 52200 26634 17800 7766 31668217 24235709 6073595 1358913 1150 1150 1945568 1406073 44627 729023 466274 426350 1897513 1849864 139226 138445 161765 256673 48447628 18803477 30753347 29644151 41426611 39086844 12778479 12887225 89614560 86425798 617032 629666 188066 224373 15950000 15125000 188015 128117 1503450 1480161 18446563 17587317 X 46679866 42802351 524254 1237282 23963877 24798848 71167997 68838481 89614560 86425798 X 313418 -2731452 88518 X 0 1 X 1 1 1 X 3353075 3334116 3432123 3597054 5681427 19397795 3353075 3334116 3432123 3597054 5681427 19397795 2153882 17243913 934081 891928 916243 927873 1038148 4708273 59972 0 60765 259129 0 379866 127939 75688 67457 97452 162928 531464 25017398 114236201 0.68930 0.71660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 79978 0 44361399 746453 -2734861 266942 42106049 44181847 783142 -443155 160435 44361399 38260293 579359 5491394 149199 44181847 34647813 532972 3235322 155814 38260293 36631636 113994 -1931716 166101 34647813 0.41100 0.58900 0.00000 1 0 1063536 1063536 39829488 13827391 26002097 592769 439667 153102 2102799 1706425 396374 4859036 2829994 2029042 29644151 ALTERNATIVE INVESTMENTS 12862225 F PARTNERSHIPS 25000 C 12887225 U.S. GOVERNMENT GRANTS REFUNDABLE 1480161 1480161 18000757 -2731452 25385 90007 -2616060 20616817 11364818 11364818 31981635 20330273 25385 1489 26874 20303399 11364818 11364818 31668217 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS - THE INSTITUTE'S ENDOWMENT CONSISTS OF 195 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES THAT SUPPORT THE EDUCATIONAL MISSION OF THE INSTITUTE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PERPETUAL CHARITABLE TRUSTS 88,518. RENTAL EXPENSES NETTED WITH RENTAL REVENUE ON PART VIII OF FORM 990 1,489. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE WHICH WAS SHOWN AS A REDUCTION OF REVENUE ON FINANCIAL STATEMENTS BUT SHOWN AS AN EXPENSE IN PART IX OF FORM 990 11,364,818. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH RENTAL REVENUE ON PART VIII OF FORM 990 1,489. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE WHICH WAS SHOWN AS A REDUCTION OF REVENUE ON FINANCIAL STATEMENTS BUT SHOWN AS AN EXPENSE IN PART IX OF FORM 990 11,364,818. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NEWSPAPER OR BROADCAST MEDIA IS NOT USED FOR STUDENT RECRUITMENT. HOWEVER, A STATEMENT OF THE INSTITUTE'S RACIALLY NON-DISCRIMINATORY POLICY AS TO STUDENTS IS INCLUDED IN THE INSTITUTE'S CATALOGUE, WHICH CAN ALSO BE FOUND ON THE INSTITUTE'S WEBSITE. THE FOLLOWING IS THE INSTITUTE'S POLICY ON NON-DISCRIMINATION FOR ADMISSION AS REAFFIRMED BY THE BOARD OF TRUSTEES: IN THE ADMINISTRATION OF ITS EDUCATIONAL AND ADMISSION POLICIES, SCHOLARSHIP, LOAN, AND OTHER SCHOOL-ADMINISTERED PROGRAMS, THE CLEVELAND INSTITUTE OF MUSIC IS COMMITTED TO NONDISCRIMINATION AND EQUAL OPPORTUNITY. THE INSTITUTE ADMITS STUDENTS TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL REGARDLESS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN, CITIZENSHIP, RELIGION, AGE, SEX, SEXUAL ORIENTATION, OR DISABILITY. SCHEDULE E, PART I, LINE 6 FINANCIAL AID OR GOVERNMENT ASSISTANCE - FINANCIAL AID ASSISTANCE IS RECEIVED FROM THE FOLLOWING GOVERNMENTAL AGENCIES: U.S. DEPARTMENT OF EDUCATION: FEDERAL DIRECT STAFFORD LOAN FEDERAL DIRECT PLUS LOAN FEDERAL PERKINS LOAN FEDERAL WORK-STUDY SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PELL GRANT U.S. DEPARTMENT OF VETERANS AFFAIRS: POST 9/11 G.I. BILL OHIO BOARD OF REGENTS: OHIO COLLEGE OPPORTUNITY GRANT & OHIO WAR ORPHAN SCHOLARSHIP PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY: PA STATE GRANT 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 42000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 6105287 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 946708 0 0 0 0 0 0 7093995 0 7093995 SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 3 42000 CREDIT TO ACCT. 0 0 0 0 0 0 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - CLEVELAND INSTITUTE OF MUSIC CREDITS THE SCHOLARSHIPS DIRECTLY TO THE STUDENTS' ACCOUNTS AND THEREFORE ENSURES THAT THE FUNDS ARE SPENT FOR EDUCATIONAL PURPOSES. 1 FELLOWSHIP AND SERVICES 28 70500 INSTITUTIONAL SCHOLARSHIPS 460 11125142 AUDITION ASSISTANCE 1022 37800 WORK-STUDY 91 217866 SEOG 39 30750 ORGAN INTERN AT CHURCHES 3 3000 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - CLEVELAND INSTITUTE OF MUSIC CREDITS THE GRANTS AND OTHER ASSISTANCE DIRECTLY TO THE STUDENTS' ACCOUNTS AND THEREFORE ENSURES THAT THE FUNDS ARE SPENT FOR EDUCATIONAL PURPOSES. WORK-STUDY AND AUDITION ASSISTANCE ARE PAID DIRECTLY TO THE STUDENTS WHEN EARNED OR INCURRED. X X X 1 0 0 0 0 0 0 0 1 1 SMIRNOFF JOEL PRESIDENT AND FACULTY 252574 0 0 0 173929 0 18827 0 19416 0 464746 0 0 0 BOWER ERIC L VP AND CHIEF OPERATING OFFICER 244011 0 0 0 1047 0 20361 0 22457 0 287876 0 0 0 STONE KARIN L VP INST. ADVANCEMENT 212484 0 0 0 455 0 17393 0 11701 0 242033 0 0 0 PREUCIL WILLIAM FACULTY 178599 0 0 0 670 0 14356 0 2347 0 195972 0 0 0 IRVINE JEFFREY FACULTY 145952 0 0 0 740 0 11567 0 2123 0 160382 0 0 0 ROBINSON SHARON FACULTY 129485 0 0 0 773 0 10898 0 12814 0 153970 0 0 0 LAREDO JAIME FACULTY 129485 0 0 0 875 0 10898 0 12723 0 153981 0 0 0 SALAFF PETER FACULTY 122828 0 0 0 872 0 10858 0 24976 0 159534 0 0 0 PART I, LINE 4A SEVERANCE PAYMENT - THE INSTITUTE AND JOEL SMIRNOFF, PRESIDENT, ENTERED INTO A RETIREMENT AGREEMENT THAT PROVIDED FOR PAYMENTS TOTALING $169,167. PART I, LINE 8 INITIAL CONTRACT EXCEPTION - INTERIM PRESIDENT GARY HANSON'S COMPENSATION WAS PROVIDED IN ACCORDANCE WITH A CONTRACT BETWEEN THE INSTITUTE AND MR. HANSON FOR 2015, THE FIRST YEAR OF HIS EMPLOYMENT. THE BOARD MEMBERS AND OTHERS WHO PARTICIPATED IN DETERMINING THE CONTRACT'S PROVISIONS WERE INDEPENDENT OF MR. HANSON, AND MR. HANSON WAS NOT IN A POSITION TO INFLUENCE THE PROCESS. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 340714600 67756BPD6 2015-11-30 15540000 REFINANCE 2010 BONDS 0 0 0 A 415000 15540000 15540000 2015 1 0 1 1 A 0 0 0 0 0.00020 0.00020 0 0 1 A 0 1 0 0 1 0 0 0 1 A 0 X 17 1450471 MEAN PRICE AT TRANS. X LIBRARY MATERIALS 284 11930 AVG 3 YR.PRICE/NEW I X VIOLA 1 8000 INDEP.APPRAISAL X SCULPTURE 1 5000 INDEP.APPRAISAL X CONCERT TICKETS 2 1250 FACE VALUE 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS - MEMBERSHIP IS OPEN TO ALL PERSONS OR CORPORATIONS WHO ARE INTERESTED IN THE CLEVELAND INSTITUTE OF MUSIC AND THE FURTHERANCE OF MUSIC AND MUSICAL EDUCATION AND WHO CONTRIBUTE AT LEAST $500 ANNUALLY TO THE INSTITUTE'S ANNUAL FUND. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS AND THEIR RIGHTS - THE MEMBERS ELECT THE TRUSTEES OF THE INSTITUTE AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11 ORGANIZATION'S PROCESS TO REVIEW FORM 990 - ONCE FORM 990 IS PREPARED, IT IS PRESENTED TO A SUB-COMMITTEE COMPRISED OF INDIVIDUALS FROM THE FINANCE, GOVERNANCE, AND AUDIT COMMITTEES OF THE CLEVELAND INSTITUTE OF MUSIC FOR THEIR REVIEW. ANY QUESTIONS OR COMMENTS RAISED ARE THEN ADDRESSED BY THE CHIEF FINANCIAL OFFICER OF THE CLEVELAND INSTITUTE OF MUSIC, FORM 990 IS DISCUSSED AT THE MEETING OF THE FULL BOARD AND DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - THE ORGANIZATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY, WHICH IS REVIEWED BY MANAGEMENT AND THE BOARD OF TRUSTEES' GOVERNANCE COMMITTEE AT LEAST ANNUALLY AND MODIFIED AS REQUIRED. THE BOARD OF TRUSTEES AND OFFICERS OF THE ORGANIZATION ARE REQUIRED TO CERTIFY ANNUALLY THAT THEY HAVE READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY AND SUBMIT A WRITTEN QUESTIONNAIRE EACH YEAR DISCLOSING ANY KNOWN CONFLICTS. THE RESPONSES TO THE QUESTIONNAIRES ARE REVIEWED BY MANAGEMENT. MANAGEMENT ALSO MONITORS ALL TRANSACTIONS DURING THE NORMAL COURSE OF BUSINESS TO IDENTIFY OTHER POTENTIAL CONFLICTS. AT LEAST ANNUALLY AND AS CONFLICTS ARISE, THE BOARD OF TRUSTEES' GOVERNANCE COMMITTEE REVIEWS POTENTIAL CONFLICTS TO DETERMINE WHETHER ANY ACTUAL CONFLICTS EXIST. INDIVIDUALS WHO BELIEVE THEY ARE IN A POTENTIAL CONFLICT ARE REQUIRED TO RECUSE THEMSELVES FROM THE DELIBERATION AND DECISION-MAKING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL - THE CLEVELAND INSTITUTE OF MUSIC HAS A COMPENSATION COMMITTEE THAT DETERMINES THE COMPENSATION FOR THE PRESIDENT, THE VICE PRESIDENT/CHIEF OPERATING OFFICER, AND THE VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT. THE COMMITTEE DISCHARGES THE DUTY OF THE BOARD OF TRUSTEES IN FULFILLING THE BOARD'S OVERSIGHT RESPONSIBILITIES FOR DETERMINING THE REASONABLENESS AND ADEQUACY OF THE COMPENSATION AND BENEFITS PAID TO THE PRESIDENT, THE VICE PRESIDENT/CHIEF OPERATING OFFICER, AND THE VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT. THE COMMITTEE CONDUCTS AN ANNUAL REVIEW OF COMPENSATION AND BENEFITS IN RELATION TO THE MARKETPLACE AND RELEVANT INDEPENDENT DATA. THE COMMITTEE DECIDES ON ANY CHANGES IN THE COMPENSATION AND/OR BENEFITS FOR THE PRESIDENT, THE VICE PRESIDENT/CHIEF OPERATING OFFICER, AND THE VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT. ONCE APPROVED BY THE COMMITTEE, THE CHAIR OF THE BOARD OF TRUSTEES SIGNS A LETTER APPROVING THE COMPENSATION FOR THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. THE AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE INSTITUTE'S WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN CHARITABLE PERPETUAL TRUSTS 88,518.