2016-02-09T13:39:57-06:00 2015-06-30 221478099 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2014-07-01 042867945 INDIAN HILL MUSIC INC INDI 9784869524 PO BOX 1484 LITTLETON MA 01460 SUSAN RANDAZZO EXECUTIVE DIRECTOR 9784869524 2016-02-06 1 EDWARD MCNEIL P00090108 6176481400 2014 2016-04-25 22:37:26Z SUSAN RANDAZZO PO BOX 1484 LITTLETON MA 01460 6719691 0 X WWW.INDIANHILLMUSIC.ORG X 1985 MA TO SHARE THE POWER OF MUSIC THROUGH TEACHING AND PERFORMING, AND GIVING MUSIC GENEROUSLY. 17 16 106 50 0 0 918197 1456417 1789734 1855720 127930 608278 -97 -3328 2835764 3917087 53503 57366 0 0 1895870 2141526 2750 1394 287043 794548 826778 2746671 3027064 89093 890023 5840504 6583125 673944 1082993 5166560 5500132 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 1819157 55651 1655887 THE MUSIC EDUCATION PROGRAM SERVES APPROXIMATELY 1,500 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 $55,651 IN SCHOLARSHIP AID. 590596 182947 THE PERFORMANCE PROGRAM INCLUDES ONE OF GREATER BOSTON'S LEADING PROFESSIONAL ORCHESTRAS, THE ORCHESTRA OF INDIAN HILL WHICH ANCHORS THE ORGANIZATION'S PERFORMANCE PROGRAMS, PRESENTING A SIX-CONCERT SYMPHONIC SEASON UNDER ARTISTIC DIRECTOR BRUCE HANGEN. SERVING OVER 4,000 PEOPLE ANNUALLY, THE ORCHESTRA OF INDIAN HILL HAS FEATURED INTERNATIONALLY RENOWNED GUEST SOLOISTS, COLLABORATED WITH DISTINGUISHED CHORAL GROUPS, AND COMMISSIONED NEW WORKS. THE ORGANIZATION ALSO PRESENTS CHAMBER MUSIC, JAZZ, AND FAMILY CONCERTS. 91580 1715 16986 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 2,000 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 PROVIDE MUSIC AT 50 EVENTS PER YEAR IN A VARIETY OF COMMUNITY SETTINGS. 2501333 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 0 0 0 0 0 0 0 0 0 1 111 0 1 106 1 0 0 0 0 0 1 1 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X SUSAN RANDAZZO 9784869524 36 KING STREET LITTLETON MA 01460 X ARMAND DIARBEKIRIAN BOARD MEMBER 1.00 X 0 0 0 ARTHUR SHANE BOARD MEMBER 1.00 X 0 0 0 CAROLE PREST VICE PRESIDENT 1.00 X X 0 0 0 FAITH CROSS BOARD MEMBER 1.00 X 0 0 0 GEORGE ALLISON BOARD MEMBER 1.00 X 0 0 0 JACQUELINE NORMAND BOARD MEMBER 1.00 X 0 0 0 JAMIE DUNPHY BOARD MEMBER 15.00 X 26599 0 0 JEAN NOTIS-MCCONARTY 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 1980 0 0 MARK SCHEIER BOARD MEMBER 1.00 X 0 0 0 MARY LIVINGSTON CLERK 1.00 X X 0 0 0 MELISSA MARANDA BOARD MEMBER 1.00 X 0 0 0 MELISSA SPASH LARCO OUTGOING BOARD MEMBER 1.00 X 0 0 0 MICHAEL HALLSTROM ASSOCIATE BOARD MEMBER 1.00 X 0 0 0 PAMELA RESOR BOARD MEMBER 1.00 X 0 0 0 RYAN DUNN BOARD MEMBER 1.00 X 0 0 0 TROY SIEBELS BOARD MEMBER 1.00 X 0 0 0 LISA FIORENTINO CHIEF OPERATING OFFICER 40.00 X 100755 0 11646 SUSAN RANDAZZO EXECUTIVE DIRECTOR 40.00 X 114854 0 11646 CATHERINE COLEMAN DIRECTOR OF DEVELOPMENT 40.00 X 100575 0 0 344763 0 23292 3 0 0 0 0 76010 31788 1348619 6908 1456417 TUITION 711190 1648465 1648465 TICKET REVENUE 711190 123201 123201 SERVICE FEES 711190 61823 61823 PROGRAM SPONSORSHIP 711190 22231 22231 1855720 64706 64706 3310797 2767225 543572 543572 543572 31951 76010 35379 -3428 -3428 OTHER 711190 100 100 100 3917087 1855820 0 604850 57366 57366 296715 110879 118250 67586 1654335 1458677 42311 153347 43637 36118 3205 4314 146839 120143 10752 15944 13557 13557 12195 12195 1394 1394 257879 257879 115683 104557 11126 55672 46295 3116 6261 10182 5448 2009 2725 113725 89943 21043 2739 12438 12433 5 87754 70203 15796 1755 23764 16747 5588 1429 PROGRAM PRODUCTION 111486 94446 106 16934 PROFESSIONAL FEES 9421 6642 1295 1484 MISCELLANEOUS 3022 3022 3027064 2501333 238688 287043 220640 868231 622632 624572 7058 18250 32729 36559 3408777 1668501 1825030 1740276 3132415 3097737 0 197500 5840504 6583125 61078 51041 344587 777388 268279 254564 673944 1082993 X 2216439 2551299 624821 598533 2325300 2350300 5166560 5500132 5840504 6583125 X 890023 -522191 -17375 -16885 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 1913498 3937 341328 19500 77500 10035 2151728 0.90090 0.09910 0 0 2809396 1164200 1645196 599381 504301 95080 1740276 CHARITABLE GIFT ANNUITIES 254564 254564 X 3345069 -522191 6420 -74251 -590022 3935091 17375 -35379 -18004 3917087 3011497 6420 35379 41799 2969698 57366 57366 3027064 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 PROVISIONS 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, 2015. 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, 2012, 2013, AND 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: LESS SCHOLARSHIPS GRANTED -57,366. CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -16,885. PART XI, LINE 4B - OTHER ADJUSTMENTS: LESS DIRECT FUNDRAISING EXPENSES -35,379. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 35,379. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS GRANTED 57,366. 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 $10,000 FROM THE NATIONAL ENDOWMENT FOR THE ARTS, $19,200 IN ASSISTANCE FROM THE MASSACHUSETTS CULTURAL COUNCIL, AND $2,588 FROM VARIOUS LOCAL CULTURAL COUNCILS. GALA 107961 76010 31951 4100 9060 13557 400 8262 107961 76010 31951 4100 9060 13557 400 8262 35379 -3428 1 SCHOLARSHIPS 104 57366 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. 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 15A LINE 15A - INCREASES TO EXECUTIVE DIRECTOR COMPENSATION INCLUDES 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. LINE 15B - INCREASES TO OFFICER COMPENSATION INCLUDES A REVIEW OF COMPARABILITY DATA AND A REVIEW AND APPROVAL BY INDEPENDENT PERSONS. THIS DELIBERATION AND DECISION WAS NOT DOCUMENTED IN THIS FISCAL YEAR BUT WILL BE DOCUMENTED GOING FORWARD. 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: $29,863 IN FY 15 FORM 990, PART VII, LINE 11 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: $2,112 IN FY 15 FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -16,885. 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.