2016-05-03T11:47:27-05:00 2015-09-30 131610809 FRIEDMAN LLP 2000 MARKET STREET SUITE 500 PHILADELPHIA PA 19103 990 2014-10-01 030186612 MARLBORO SCHOOL OF MUSIC INC MARL 2155694690 1528 WALNUT STREET NO 301 PHILADELPHIA PA 19102 PHILIP MANEVAL ASSISTANT TREASURER 2155694690 2016-04-25 1 DENISE MCKNIGHT P01063588 2154969200 2016-04-25 2014 2016-08-17 19:52:53Z STEPHEN STAMAS 1528 WALNUT STREET NO 301 PHILADELPHIA PA 19102 3459872 0 X WWW.MARLBOROMUSIC.ORG X 1951 VT TO DEVELOP MUSICAL LEADERS THROUGH A COMMUNITY DEVOTED TO THE EXPLORATION OF CHAMBER MUSIC. 34 34 34 50 0 0 3857869 910653 754612 742937 2301101 1287499 9180 6478 6922762 2947567 472750 465200 0 0 823547 885227 0 0 126237 1882920 2304537 3179217 3654964 3743545 -707397 55471072 53948103 577911 741152 54893161 53206951 THE ORGAINZATION IS AN ADVANCED STUDY CENTER FOR THE ARTISTIC DEVELOPMENT OF FUTURE MUSICAL LEADERS THROUGH A FOCUS ON THE INTENSIVE EXPLORATION OF CHAMBER MUSIC. 0 0 2904768 465200 648971 SUMMER INSTITUTE FOR THE ADVANCED STUDY OF CHAMBER MUSIC WITH 70-100 PARTICIPANTS EACH YEAR. MARLBORO ALSO OFFERS CONCERTS FOR THE BENEFIT OF THE PUBLIC. 232113 93966 MUSICIANS FROM THE MARLBORO TOURING PROGRAM PROVIDE TOURING OPPORTUNITIES FOR APPROXIMATELY 25 TALENTED YOUNG MUSICIANS WHO PERFORM IN PUBLIC CONCERTS AROUND THE COUNTRY. 3136881 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 72 0 1 34 1 0 0 0 0 0 0 0 0 0 0 X 34 34 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 1 0 PA NY X PHILIP MANEVAL 2155694690 1528 WALNUT STREET NO 301 PHILADELPHIA PA 19102 MR H ARNOLD STEINBERG FORMER TREASURER 2.00 X X 0 0 0 MR CHRISTOPHER SERKIN VICE PRESIDENT 2.00 X X 0 0 0 MR JERRY G RUBENSTEIN VICE PRESIDENT 3.00 X X 0 0 0 MR STEPHEN STAMAS PRESIDENT & CHAIRMAN 4.00 X X 0 0 0 MICHAEL POLLACK DIRECTOR 2.00 X 0 0 0 LOUISA SAFFIOTTI DIRECTOR 0.30 X 0 0 0 DR HANNA H GRAY DIRECTOR 0.30 X 0 0 0 DR MARY MAPLES DUNN DIRECTOR 0.30 X 0 0 0 JUDITH W HURTIG DIRECTOR 0.30 X 0 0 0 MALCOLM WRIGHT DIRECTOR 0.30 X 0 0 0 MAXIMILIAN W KEMPNER ESQ DIRECTOR 0.30 X 0 0 0 MR ALAN R HIRSIG DIRECTOR 0.30 X 0 0 0 MR ARTHUR H COPELAND DIRECTOR 0.30 X 0 0 0 MR CHRISTOPH WOLFF PH D DIRECTOR 0.30 X 0 0 0 MR COREY FIELD FORMER DIRECTOR 0.30 X 0 0 0 MR HARVEY S TRAISON DIRECTOR 0.30 X 0 0 0 MR LESTER S MORSE JR DIRECTOR 0.30 X 0 0 0 MR PETER A BENOLIEL DIRECTOR 0.30 X 0 0 0 MR RICHARD LEWONTIN DIRECTOR 0.30 X 0 0 0 MR ROBERT W JONES DIRECTOR 0.30 X 0 0 0 MR WILLIAM H ROBERTS DIRECTOR 0.30 X 0 0 0 MRS BARBARA WINTER GLAUBER DIRECTOR 0.30 X 0 0 0 MRS MARTA CASALS ISTOMIN DIRECTOR 0.30 X 0 0 0 MRS SYLVIA MARX DIRECTOR 0.30 X 0 0 0 MS ANGELICA ZANDER RUDENSTINE DIRECTOR 0.30 X 0 0 0 MS ANNE-MARIE SOULLIERE DIRECTOR 0.30 X 0 0 0 MS BARBARA FIELD DIRECTOR 0.30 X 0 0 0 MS CAROL COLBURN GRIGOR DIRECTOR 0.30 X 0 0 0 MS EILEEN TATE CLINE DIRECTOR 0.30 X 0 0 0 MS ELIZABETH MEYER DIRECTOR 0.30 X 0 0 0 MS PHYLLIS J MILLS DIRECTOR 0.30 X 0 0 0 SUSAN S RAI ESQ CLERK 2.00 X X 0 0 0 MR ANTHONY BERNER DIRECTOR 0.30 X 0 0 0 MR DANIEL GINSBERG DIRECTOR 0.30 X 0 0 0 MR WILLIAM VAN EEGHEN DIRECTOR 0.30 X 0 0 0 MS CAROL CHRIST DIRECTOR 0.30 X 0 0 0 ANTHONY CHECCHIA ASSISTANT TREASURER 40.00 X 160929 0 41439 PHILIP MANEVAL ASSISTANT TREASURER 30.00 X 90115 0 14349 FRANK SALOMON ADMINISTRATOR 30.00 X 110254 0 33657 361298 0 89445 2 0 1 0 COURTLAN CONSTRUCTION INC PO BOX 38 WEST CHESTERFIELD NH 03466 GENERAL CONTRACTOR 287898 INDEPENDENCE BLUE CROSS PO BOX 8500 PHILADELPHIA PA 19178 HEALTH INSURANCE 173984 MARLBORO COLLEGE SOUTH ROAD MARLBORO VT 05344 SUMMER RENT 120323 METZ CULINARY MANAGEMENT 2 WOODLAND DRIVE DALLAS PA 18612 FOOD SERVICE 114843 TIAA-CREF PO BOX 933326 ATLANTA GA 31193 PENSION SERVICE 112543 5 51600 859053 37454 910653 TUITIONS 611600 468350 468350 SUMMER TICKET SALES 711130 176978 176978 MUSIC FROM MARLBORO CONCERTS 711190 93966 93966 CD, BOOK & POSTER SALES 711190 3643 3643 742937 864620 864620 27121 20643 6478 6478 6478 914541 491662 422879 422879 422879 2947567 742937 0 1293977 X 465200 465200 315392 239856 75536 400390 235424 85191 79775 36504 21238 7718 7548 80763 46394 20455 13914 52178 34005 11832 6341 750 750 13700 13700 97506 97506 99801 35928 54891 8982 442967 418999 23968 273715 240869 32846 91188 63832 27356 FACULTY, INVITED, GUEST 392547 392547 MUSICIANS FROM MARLBORO 232113 232113 SUMMER FACILITY EXPENSE 157523 157523 KITCHEN AND MEALS 122348 110113 12235 380379 345334 25368 9677 3654964 3136881 391846 126237 200 300 268762 204735 510792 333489 26827 38184 6184440 1024790 5284583 5159650 48064794 46899108 1315114 1312637 55471072 53948103 123921 134587 5781 2985 448209 603580 577911 741152 X 3999870 3904192 31089981 29440578 19803310 19862181 54893161 53206951 55471072 53948103 -707397 -978813 0 X X 0 1 X 1 0 X 1739439 1243759 1759085 3857869 884353 9484505 1739439 1243759 1759085 3857869 884353 9484505 2084188 7400317 825310 823340 849231 823938 3321819 12806324 3850268 0.57790 0.67680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 46066272 174987 248358 1965081 44524536 42389697 596778 4779797 1700000 46066272 38917442 174240 4914015 1616000 42389697 33864983 613421 5877038 1438000 38917442 34193962 705189 461121 1495289 33864983 0.44610 0.55390 0 0 239184 239184 4504184 400537 4103647 1214722 453157 761565 226350 171096 55254 5159650 MUTUAL FUNDS: EQUITY SECURITIES 25963458 F MUTUAL FUNDS: FIXED INCOME SECURITIES 20935650 F 46899108 CHARITABLE GIFT ANNUITY 314238 DEFERRED RENT 286092 SECURITY DEPOSITS 3250 603580 X 1553451 -978813 29254 20643 -928916 2482367 465200 465200 2947567 3239661 29254 20643 49897 3189764 465200 465200 3654964 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. THE ORGANIZATION'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 20,643. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION EXPENSE 465,200. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 20,643. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION EXPENSE 465,200. 0 SCHOLARSHIPS 46 465200 PART I, LINE 2: SCHOLARSHIP 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. X 0 0 0 0 0 0 0 0 0 ANTHONY CHECCHIA ASSISTANT TREASURER 160929 0 0 0 0 0 16093 0 25346 0 202368 0 0 0 X 4 37454 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B ONLY SOME COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY CONTEMPORANEOUSLY DOCUMENTED THE MEETINGS. FORM 990, PART VI, SECTION B, LINE 11 THE 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 12C ANNUALLY, 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 15 MANAGEMENT, 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 2015. FORM 990, PART VI, SECTION C, LINE 19 THE BUSINESS MANAGER MAKES THESE ITEMS AVAILABLE, WITHIN FIVE BUSINESS DAYS OF A WRITTEN REQUEST, AT THE OFFICE LOCATION. FORM 990, PART IX, LINE 24E AUDITION & PIANO EXPENSE: PROGRAM SERVICE EXPENSES 104,866. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 104,866. SUMMER STAFF: PROGRAM SERVICE EXPENSES 89,605. MANAGEMENT AND GENERAL EXPENSES 9,956. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 99,561. RECORDING, LIBRARY & ARCHIVES: PROGRAM SERVICE EXPENSES 56,622. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,622. PARTICIPANT EXPENSES: PROGRAM SERVICE EXPENSES 38,290. MANAGEMENT AND GENERAL EXPENSES 4,254. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,544. OTHER SCHOOL EXPENSES: PROGRAM SERVICE EXPENSES 41,481. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,481. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 8,925. MANAGEMENT AND GENERAL EXPENSES 11,158. FUNDRAISING EXPENSES 2,232. TOTAL EXPENSES 22,315. DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 7,445. TOTAL EXPENSES 7,445. ARCHIVES AND WEBSITE: PROGRAM SERVICE EXPENSES 5,545. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,545. FORM 990; PART XII; LINE 2C THIS PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. FRANCESCO VON MENDELSSOHN FUND INC 1528 WALNUT STREET PHILADELPHIA PA 19102 233059283 LOANS TO MUSICIANS VT 501(C)(3) LINE 11A, I N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0