2017-02-10T13:23:37-06:00 2016-06-30 221478099 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2015-07-01 042867945 INDIAN HILL MUSIC INC INDI 9784869524 PO BOX 1484 LITTLETON MA 01460 SUSAN RANDAZZO EXECUTIVE DIRECTOR 9784869524 2017-02-10 1 EDWARD MCNEIL P00090108 6176481400 2015 2021-01-29 14:40:06Z SUSAN RANDAZZO PO BOX 1484 LITTLETON MA 01460 22446107 0 X WWW.INDIANHILLMUSIC.ORG X 1985 MA TO SHARE THE POWER OF MUSIC THROUGH TEACHING AND PERFORMING, AND GIVING MUSIC GENEROUSLY. 15 15 108 50 0 0 1456417 18076223 1855720 1900542 608278 145896 -3328 -5856 3917087 20116805 57366 71531 0 0 2141526 2377619 1394 0 370170 826778 1337155 3027064 3786305 890023 16330500 6583125 22867032 1082993 1066650 5500132 21800382 THE ORGANIZATION'S MISSION IS TO SHARE THE TRANSFORMATIVE POWER OF MUSIC, THROUGH TEACHING AND PERFORMING, AND GIVING MUSIC GENEROUSLY WHEN THERE IS NEED. 0 0 2182364 65337 1705488 THE MUSIC EDUCATION PROGRAM SERVES APPROXIMATELY 1,200 STUDENTS OF ALL AGES AND ABILITIES WITH A FACULTY OF PROFESSIONAL ARTISTS AND EDUCATORS THROUGH PRIVATE INSTRUCTION, GROUP LESSONS AND ENSEMBLES FOR ALL INSTRUMENTS AND VOICE IN MANY GENRES INCLUDING CLASSICAL, JAZZ, FOLK, POPULAR, CELTIC, MUSICAL THEATRE AND OPERA. THE ORGANIZATION IS COMMITTED TO PROVIDING AFFORDABLE MUSIC EDUCATION AND ALSO HAS BEEN ABLE TO PROVIDE $65,337 IN SCHOLARSHIP AID. 900300 168482 THE ORGANIZATION'S MISSION IS CENTERED ON THE PRINCIPLE THAT PERFORMANCE AND EDUCATION ARE FULLY INTEGRATED AND REPRESENT AN INTEGRAL PART OF THE ORGANIZATION'S MUSIC EDUCATION CURRICULUM. ATTENDING PROFESSIONAL CONCERTS AND WATCHING A PROFESSIONAL AT WORK IS ESSENTIAL TO DEVELOPING STRONG PERFORMANCE TECHNIQUES AND AN UNDERSTANDING OF HOW TO MASTER ONE'S INSTRUMENT. LISTENING TO, AND EVALUATING MUSIC AND MUSIC PERFORMANCE ARE KEY STANDARDS OF A COMPREHENSIVE, QUALITY MUSIC EDUCATION PROGRAM. THE ORGANIZATION'S PERFORMANCE PROGRAM SERVES 6,000 PEOPLE ANNUALLY AND INCLUDES THE PROFESSIONAL ORCHESTRA OF INDIAN HILL WHICH PRESENTS A SIX CONCERT SEASON UNDER ARTISTIC DIRECTOR, BRUCE HANGEN. THE ORGANIZATION ALSO PRESENTS CHAMBER MUSIC, JAZZ AND FAMILY CONCERTS. 105389 6194 26572 THE ORGANIZATION'S OUTREACH PROGRAM INCLUDES AFTER SCHOOL MUSIC LESSONS AND SCHOOL DAY PERFORMANCES IN LOW-INCOME COMMUNITIES, FREE MONTHLY BACH'S LUNCH CONCERTS SERVING OVER 2,700 SENIOR CITIZENS ANNUALLY, AND SINGING BY ITS THRESHOLD SINGERS FOR THOSE IN HOSPICE CARE. IN PARTNERSHIP WITH AREA NONPROFIT CULTURAL AND SOCIAL SERVICE ORGANIZATIONS, THE ORGANIZATION'S FACULTY AND STUDENT PERFORMERS PROVIDED MUSIC AT 26 EVENTS IN A VARIETY OF COMMUNITY SETTINGS. 3188053 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 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 1 131 0 1 108 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X SUSAN RANDAZZO 9784869524 36 KING STREET LITTLETON MA 01460 X CAROLE PREST vice president 1.00 X X 0 0 0 FAITH CROSS Outgoing BOARD MEMBER 1.00 X 0 0 0 George Allison CLERK 1.00 X X 0 0 0 JACQUELINE NORMAND outgoing BOARD MEMBER 1.00 X 0 0 0 JAMES SAALFIELD INCOMING BOARD MEMBER 1.00 X 0 0 0 JAMIE DUNPHY Outgoing BOARD MEMBER 15.00 X 28166 0 0 Jeffrey Fuhrer Board MEMBER 1.00 X 0 0 0 John Spinello BOARD MEMBER 1.00 X 0 0 0 JONATHAN PANEK PRESIDENT/TREASURER 6.00 X X 0 0 0 KIMBERLY HARRIMAN BOARD MEMBER 1.00 X 1648 0 0 MARK SCHEIER BOARD MEMBER 1.00 X 0 0 0 MELISSA MARANDA BOARD MEMBER 1.00 X 0 0 0 MICHAEL HALLSTROM BOARD MEMBER 1.00 X 0 0 0 MIRIAM SMITH INCOMING BOARD MEMBER 1.00 X 0 0 0 Peter Ashton Board MEMBER 1.00 X 0 0 0 RYAN DUNN BOARD MEMBER 1.00 X 0 0 0 STEPHEN IRISH INCOMING BOARD MEMBER 1.00 X 0 0 0 TROY SIEBELS BOARD MEMBER 1.00 X 0 0 0 SUSAN RANDAZZO EXECUTIVE DIRECTOR 40.00 X 120373 0 10937 LISA FIORENTINO CHIEF OPERATING OFFICER 40.00 X 112346 0 11244 CATHERINE COLEMAN DIRECTOR OF DEVELOPMENT 40.00 X 103435 0 0 365968 0 22181 3 0 0 0 0 109519 24950 17941754 43875 18076223 TUITION 711190 1701174 1701174 TICKET REVENUE 711190 123152 123152 SERVICE FEES 711190 55416 55416 PROGRAM SPONSORSHIP 711190 20800 20800 1900542 148153 148153 2285848 2288105 -2257 -2257 -2257 35341 109519 41197 -5856 -5856 20116805 1900542 0 140040 71531 71531 252157 101000 80883 70274 1897075 1622283 57500 217292 67194 48626 4289 14279 161193 131449 9083 20661 765 765 12916 12916 19642 19642 262036 262036 169023 154651 14372 59967 50670 3092 6205 8474 5541 556 2377 520679 501523 17241 1915 15133 15094 39 90164 75255 13418 1491 31990 24635 5682 1673 PROGRAM PRODUCTION 117975 100679 106 17190 MISCELLANEOUS 17293 14961 2332 ADMINISTRATION FEES 11098 7354 1303 2441 3786305 3188053 228082 370170 868231 607059 624572 11038279 475630 18250 6385 36559 36881 9442378 1758664 1740276 7683714 3097737 3019084 197500 0 6583125 22867032 51041 474760 777388 350635 254564 241255 1082993 1066650 X 2551299 9062012 598533 10388070 2350300 2350300 5500132 21800382 6583125 22867032 X 16330500 -11359 -18891 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2608679 59495 26950 70625 15900 2554699 2621011 25000 73381 28150 67700 14863 2608679 2281751 100000 339314 22975 65750 11329 2621011 2200699 1500 184240 21275 72725 10688 2281751 2151728 200000 -42018 20000 78200 10811 2200699 0.91990 0.08010 0 0 2666573 2666573 3600296 1235468 2364828 658074 523196 134878 2517435 2517435 7683714 CHARITABLE GIFT ANNUITIES 241255 241255 X 20049944 -11359 13365 -90422 -88416 20138360 19642 -41197 -21555 20116805 3749694 13365 41197 54562 3695132 19642 71531 91173 3786305 Part V, Line 4: THE ORGANIZATION'S RETURN ON THE INVESTMENT OF ENDOWMENT FUNDS IS USED FOR SCHOLARSHIPS, PHILANTHROPIC OUTREACH, ORCHESTRA INITIATIVES, EDUCATIONAL PROGRAMS AND OPERATIONAL NEEDS. Part X, Line 2: Management has evaluated significant tax positions against the criteria established by professional standards and believes there are no such tax positions requiring accounting recognition in the financial statements. Management does not believe its evaluation of tax positions will significantly change within twelve months of June 30, 2016. Any changes in tax positions will be recorded when the ultimate outcome becomes known. The Organization's income tax returns are subject to examination by taxing authorities generally for the years ended June 30, 2013, 2014 and 2015. Accrued interest and penalties associated with uncertain tax positions are recognized as a part of interest expense and miscellaneous expenses, respectively, in the accompanying statement of activities. The Organization has no accrued interest and penalties associated with uncertain tax positions at June 30, 2016 and none were incurred during the year then ended. Part XI, Line 2d - Other Adjustments: less scholarships granted -71,531. CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -18,891. Part XI, Line 4b - Other Adjustments: LESS DIRECT FUNDRAISING EXPENSES -41,197. Part XII, Line 2d - Other Adjustments: DIRECT FUNDRAISING EXPENSES 41,197. Part XII, Line 4b - Other Adjustments: SCHOLARSHIPS GRANTED 71,531. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 THE ORGANIZATION'S NON DISCRIMINATORY POLICY IS INCLUDED ON THE ORGANIZATION'S WEBSITE, REGISTRATION DOCUMENTATION, AND ON OTHER PROMOTIONAL MATERIALS THAT RELATE TO THE SOLICITATION OF STUDENTS. Schedule E, Part I, Line 6 THE ORGANIZATION RECEIVED $22,100 IN ASSISTANCE FROM THE MASSACHUSETTS CULTURAL COUNCIL, AND $2,850 FROM VARIOUS LOCAL CULTURAL COUNCILS. GALA 144860 109519 35341 13753 17187 950 9307 144860 109519 35341 13753 17187 950 9307 41197 -5856 1 SCHOLARSHIPS 70 71531 0 Part I, Line 2: THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS IN NEED BASED UPON THE AVAILABLE FINANCIAL RESOURCES OF THE ORGANIZATION AND AN APPLICATION AND SELECTION PROCESS USING DEFINED CRITERIA. ALL SCHOLARSHIP GRANTS ARE TRACKED INTERNALLY AND APPLIED DIRECTLY TO THE COST OF TUITION FOR CLASSES AND LESSONS TO BE TAKEN AT OUR ORGANIZATION. THE ORGANIZATION TRACKS EACH STUDENT AND EACH LESSON OR CLASS THEY ATTEND. X 181 Selling Price X 950 Selling Price X 4 850 Selling Price X instruments 3 41894 appraised value 0 1 0 Part I, Column (b): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS AND NOT THE NUMBER OF ITEMS RECEIVED. Form 990, Part VI, Section B, line 11 A DRAFT OF THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO DISTRIBUTION TO THE FULL BOARD. ONCE THE AUDIT COMMITTEE FINDS THE DOCUMENT TO BE ACCEPTABLE, THE FULL BOARD RECEIVES A COPY TO REVIEW. ALL BOARD MEMBERS ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS, AND ONCE THOSE QUESTIONS AND ANY RESULTING REVISIONS ARE ADDRESSED, THE 990 IS FILED. Form 990, Part VI, Section B, line 12c THE ORGANIZATION MAINTAINS A FORMAL, WRITTEN CONFLICT OF INTEREST POLICY. EACH MEMBER OF THE BOARD OF DIRECTORS AND THE OFFICERS OF THE ORGANIZATION ARE REQUIRED TO CERTIFY ON AN ANNUAL BASIS THAT THEY HAVE RECEIVED AND REVIEWED THE POLICY AND THAT THEY ARE IN COMPLIANCE WITH IT. INTERNAL EMPLOYEES TRACK TO ENSURE CERTIFICATIONS ARE RECEIVED AND THAT NO ISSUES ARE REPORTED. IF ISSUES WERE TO EXIST, THEY WOULD BE BROUGHT TO THE ATTENTION OF THE CHAIRMAN OF THE BOARD AND EXECUTIVE DIRECTOR FOR FURTHER REVIEW AND RESOLUTION. INDIVIDUALS WITH A CONFLICT OF INTEREST ARE NOT ALLOWED TO VOTE ON ANY MATTERS THAT ARE SUBJECT TO CONFLICT. IF A CONFLICT OF INTEREST SEVERELY IMPEDED AN INDIVIDUAL'S ABILITY TO PERFORM THEIR ORGANIZATIONAL DUTIES, THAT INDIVIDUAL WILL BE REMOVED FROM THEIR POSITION. Form 990, Part VI, Section B, line 15 INCREASES TO EXECUTIVE DIRECTOR COMPENSATION INCLUDE A PERFORMANCE REVIEW PROCESS, A REVIEW OF COMPARABILITY DATA, AND APPROVAL BY THE FULL BOARD OF DIRECTORS OR A SUBSET THEREOF. MINUTES OF ALL MEETINGS RELATED TO EXECUTIVE DIRECTOR COMPENSATION ARE MAINTAINED TO DOCUMENT THE DELIBERATIONS AND DECISIONS. INCREASES TO OFFICER COMPENSATION INCLUDE A PERFORMANCE REVIEW PROCESS, A REVIEW OF COMPARABILITY DATA, AND APPROVAL OF INDEPENDENT PERSONS. DELIBERATIONS AND DECISIONS RELATED TO OFFICER COMPENSATION ARE DOCUMENTED AND MAINTAINED. Form 990, Part VI, Section C, line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S WEBSITE STATES THIS AND ALSO PROVIDES THE CONTACT INFORMATION TO OBTAIN THESE DOCUMENTS. Form 990, PART VII, LINE 7: A MEMBER OF THE ORGANIZATION'S BOARD OF DIRECTORS IS AN EMPLOYEE OF INDIAN HILL MUSIC. THE RELATIONSHIP IS A STANDARD EMPLOYEE/EMPLOYER RELATIONSHIP SIMILAR TO OTHER EMPLOYEE/EMPLOYER RELATIONSHIPS AT INDIAN HILL MUSIC. NATURE OF TRANSACTION: FACULTY MEMBER AMOUNT OF TRANSACTION: $27,812 IN FY 16 Form 990, PART VII, LINE 10: A MEMBER OF THE ORGANIZATION'S BOARD OF DIRECTORS IS AN INDEPENDENT CONTRACTOR AT INDIAN HILL MUSIC. THE RELATIONSHIP AND AMOUNTS ARE SIMILAR TO THE RELATIONSHIP AND AMOUNTS ESTABLISHED WITH OTHER GUEST ARTISTS. NATURE OF TRANSACTION: GUEST ARTIST AMOUNT OF TRANSACTION: $2,020 IN FY 16 Form 990, Part XI, line 9: change in VALUE OF CHARITABLE GIFT ANNUITIES -18,891. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.