2016-05-05T07:47:33-05:00 2015-06-30 221478099 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2014-07-01 043583756 FROM THE TOP INC FROM 6174370707 295 HUNTINGTON AVENUE SUITE 201 BOSTON MA 02115 JENNIFER HURLEY-WALES CO-CEO 6174370707 2016-05-03 1 EDWARD MCNEIL P00090108 6176481400 2014 2016-08-17 19:52:53Z JENNIFER HURLEY-WALES 295 HUNTINGTON AVENUE SUITE 201 BOSTON MA 02115 4078650 0 X FROMTHETOP.ORG X 2002 MA BASED IN BOSTON, FROM THE TOP IS AMERICA'S LARGEST NATIONAL PLATFORM CELEBRATING THE STORIES, TALENTS, AND CHARACTER OF CLASSICALLY-TRAINED YOUNG MUSICIANS. THROUGH LIVE EVENTS, NPR AND YOUTUBE BROADCASTS, SCHOLARSHIPS, AND LEADERSHIP PROGRAMS, FROM THE TOP EMPOWERS THESE EXTRAORDINARY YOUNG PEOPLE TO ENGAGE AND INSPIRE MUSIC LOVERS OF ALL AGES. DURING FY15, FROM THE TOP'S OPERATING BUDGET WAS $3.8 MILLION, WITH APPROXIMATELY 79% OF REVENUE DERIVED FROM CONTRIBUTED INCOME AND 21% FROM EARNED SOURCES. 17 16 35 40 0 0 2436311 3373592 816815 639847 705 -16 -45693 -53846 3208138 3959577 213806 191068 0 0 1975724 2151545 0 0 525338 1037213 1085619 3226743 3428232 -18605 531345 2194533 2700742 287709 320186 1906824 2380556 X FROM THE TOP CELEBRATES THE POWER OF MUSIC IN THE HANDS OF EXTRAORDINARY YOUNG PEOPLE BY: 1) UNLEASHING THE POTENTIAL OF YOUNG MUSICIANS AS LEADERS IN THE ARTS; 2) TRUMPETING THE ROLE OF MUSIC TO IMPACT AND ENRICH LIVES; AND 3) INSPIRING AND BUILDING NEW AUDIENCES WITH A DEEPER APPRECIATION FOR CLASSICAL MUSIC. 0 0 1162443 641249 FROM THE TOP PRODUCES FROM THE TOP WITH HOST CHRISTOPHER O'RILEY, THE MOST POPULAR ONE-HOUR CLASSICAL MUSIC PROGRAM ON PUBLIC RADIO, AND FEATURES TALENTED AND INSPIRING YOUNG MUSICIANS IN UNIQUE ONLINE VIDEOS ON ITS YOUTUBE CHANNEL AND ON OTHER SOCIAL MEDIA NETWORKS. FY15 SAW THE CONTINUATION OF NEW VIDEO PROJECTS, AND ANOTHER SEASON OF HIGH-QUALITY RADIO RECORDINGS AND BROADCASTS. KEY ACCOMPLISHMENTS IN FY15 INCLUDE:* SHOWCASED THE EXCEPTIONAL TALENTS OF 317 PRE-COLLEGIATE, CLASSICAL MUSICIANS, AGES 8 TO 18, ON NPR'S FROM THE TOP WITH HOST CHRISTOPHER O'RILEY, RECORDED IN 15 CITIES AROUND THE COUNTRY.* RECORDED THE 300TH EPISODE OF NPR'S FROM THE TOP.* BROADCAST FROM THE TOP WEEKLY EPISODES ON 223 NPR RADIO STATIONS NATIONWIDE-DELIVERING ENTERTAINMENT TO MORE THAN 700,000 LISTENERS.* PRODUCED 45 VIDEOS FEATURING FROM THE TOP ALUMNI AND PERFORMERS, AND RECEIVED MORE THAN 347,000 VIEWS ON THE FROM THE TOP YOUTUBE CHANNEL, AN INCREASE OF OVER 50% FROM PRIOR YEAR. ONE SUCH VIDEO, A COLLABORATION WITH CLASSICAL MUSICIANS, SINGERS, AND A BOSTON RAPPER, BECAME THE THIRD MOST VIEWED VIDEO IN FROM THE TOP'S YOUTUBE CHANNEL HISTORY. 448687 FROM THE TOP ENCOURAGES ITS YOUNG MUSICIANS TO BE LEADERS IN THEIR COMMUNITIES AS ADVOCATES, TEACHERS, AND SPOKESPEOPLE FOR THE ARTS. FROM THE TOP MUSICIANS HAVE OPPORTUNITIES TO SHARE THEIR MUSIC IN A VARIETY OF SETTINGS, DEVELOPING SKILLS TO ENGAGE NEW AUDIENCES AND CREATE POSITIVE CHANGE THROUGH MUSIC. THIS YEAR, FROM THE TOP:* PROVIDED ABOUT 300 YOUNG MUSICIANS WITH LEADERSHIP TRAINING THROUGH THE ARTS LEADERSHIP WORKSHOP.* PRESENTED 70 OUTREACH PROGRAMS LED BY FROM THE TOP PERFORMERS REACHING MORE THAN 5,000 SCHOOL CHILDREN, ADULTS, SENIORS, AND UNDERSERVED AUDIENCES AROUND THE COUNTRY.* INVOLVED 47 BOSTON AREA MUSICIANS, AGES 14-21, IN FROM THE TOP'S CENTER FOR THE DEVELOPMENT OF ARTS LEADERS. THE ARTS LEADERS DONATED HUNDREDS OF HOURS OF MUSIC-RELATED COMMUNITY SERVICE, WHICH INCLUDED TEACHING AFTER SCHOOL PROGRAMS AT UNDERSERVED ELEMENTARY SCHOOLS, AS WELL AS A PERFORMANCE SERIES OF LIVE, FREE CONCERTS FOR SENIORS, FAMILIES, HOSPITAL PATIENTS AND OTHERS. IN TOTAL, MORE THAN 1,500 SCHOOL CHILDREN, PATIENTS, AND SENIORS IN FIVE (5) BOSTON-AREA NON-PROFITS BENEFITED FROM THEIR EFFORTS. 354209 191068 SINCE 2005, FROM THE TOP AND THE JACK KENT COOKE FOUNDATION HAVE PARTNERED TO AWARD A TOTAL OF APPROXIMATELY $2.2 MILLION IN SCHOLARSHIPS TO YOUNG MUSICIANS WITH FINANCIAL NEED. IN FY15, FROM THE TOP: * AWARDED 20 SCHOLARSHIPS TO 20 STUDENTS FROM 15 CITIES AROUND THE COUNTRY.* CELEBRATED 10 YEARS OF PARTNERSHIP WITH THE JACK KENT COOKE FOUNDATION AT A SPECIAL "ALL-SCHOLARSHIP-RECIPIENT" RECORDING AT GEORGE WASHINGTON UNIVERSITY'S LISNER AUDITORIUM IN WASHINGTON, DC, FOLLOWED BY EDUCATIONAL OUTREACH AT RIVER BEND MIDDLE SCHOOL. 459846 FY15 MARKETING AND COMMUNICATIONS EFFORTS FOCUSED ON SUPPORTING MARKETING AND PR EFFORTS FOR THE NATIONAL TOUR OF NPR'S FROM THE TOP WITH HOST CHRISTOPHER O'RILEY, AND GROWING YOUNGER ONLINE AUDIENCES VIA YOUTUBE, SOCIAL MEDIA, AND THE FROM THE TOP WEBSITE. KEY ACHIEVEMENTS THIS YEAR INCLUDE: * GROWING YOUTUBE VIEWS BY 52.38%, AND SUBSCRIBERS BY 63.64%. THESE AUDIENCES WERE 58% MALE, WITH 64.5% UNDER THE AGE OF 35. * LAUNCHED A NEW RESPONSIVE AND MOBILE FRIENDLY WEBSITE IN DECEMBER 2014. INCREASED WEBSITE SESSIONS BY 17.84%. WEBSITE AUDIENCES WERE 55.8% MALE AND 33.21% UNDER THE AGE OF 35. * DRAMATIC INCREASES IN SOCIAL MEDIA REACH, INCLUDING 68% GROWTH IN FACEBOOK FANS AND MORE THAN 76% OF SAID FANS UNDER THE AGE OF 55. 71371 THE ADMISSIONS & ALUMNI RELATIONS DEPARTMENT WAS A NEW ADDITION TO FROM THE TOP IN FY15. THE MISSION OF THE DEPARTMENT IS TO FACILITATE THE APPLICATION, REVIEW, AND SELECTION PROCESS OF MUSICIANS FOR NPR'S FROM THE TOP WITH HOST CHRISTOPHER O'RILEY, AND ESTABLISH AN ALUMNI RELATIONS PROGRAM TO SERVE THE NEARLY 3,000 FORMER FROM THE TOP PERFORMERS. KEY ACCOMPLISHMENTS THIS YEAR INCLUDE:* EVALUATED 733 APPLICATIONS* HELD 11 LIVE AUDITIONS IN LOCATIONS AROUND THE COUNTRY* ESTABLISHED A DIGITAL ARCHIVE OF ALL FROM THE TOP APPLICATIONS SINCE 2013* HOSTED FOUR(4) ALUMNI GATHERINGS* PRODUCED 25 ALUMNI-CENTERED BLOG POSTS* HELD AN ALUMNI FOCUS GROUP TO HELP GUIDE FROM THE TOP ALUMNI RELATIONS STRATEGY 531217 2496556 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 38 0 1 35 1 0 0 0 0 0 1 1 0 0 0 0 X 17 16 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X JENNIFER HURLEY-WALES 6174370707 295 HUNTINGTON AVENUE SUITE 201 BOSTON MA 021154433 ANTHONY WOODCOCK DIRECTOR 1.00 X 0 0 0 BETH S KLARMAN DIRECTOR 1.00 X 0 0 0 CORINNE FERGUSON DIRECTOR 1.00 X 0 0 0 DAVID FEIGENBAUM DIRECTOR 1.00 X 0 0 0 DEBORAH CHIPMAN DIRECTOR 1.00 X 0 0 0 ELAINE LINDLEY LEBUHN DIRECTOR 4.00 X 0 0 0 GERALD SLAVET CO-CEO/EXEC PRODUCER 32.00 X X 0 0 0 GLORIA ROSE DIRECTOR 1.00 X 0 0 0 JANET WHITLA DIRECTOR 1.00 X 0 0 0 JEFFREY RAYPORT CHAIRMAN 4.00 X X 0 0 0 JENNIFER HURLEY-WALES CO-CEO/EXEC PRODUCER 32.00 X X 144147 0 2400 JOHN PATTILLO TREASURER/VICE CHAIR 4.00 X X 0 0 0 KENT BAUM DIRECTOR 1.00 X 0 0 0 MARIE LLEWELLYN DIRECTOR 1.00 X 0 0 0 SALWA SMITH DIRECTOR 1.00 X 0 0 0 STEPHEN SHAPIRO DIRECTOR 1.00 X 0 0 0 STEPHEN SYMCHYCH CLERK 1.00 X X 0 0 0 SUSAN B COHEN DIRECTOR 1.00 X 0 0 0 DIANNE COLLAZO DIRECTOR OF FINANCE & ADMI 40.00 X 99079 0 7205 DAVID BALSOM TOUR PRODUCER 40.00 X 106560 0 16239 349786 0 25844 2 0 0 0 THOMAS J VOEGELI 3539 EBEN WAY STILLWATER MN 55082 PRODUCER 135663 WESTSHIRE PRODUCTIONS 2859 WESTSHIRE DRIVE HOLLYWOOD CA 90068 SHOW HOST 109327 2 467922 158300 2747370 39920 3373592 CARRIAGE FEES 515100 335022 335022 ROAD SHOW FEES 711190 304823 304823 2 2 639847 110 110 2655 2655 39794 39920 -126 -126 -126 21250 467922 79153 -57903 -57903 1402 0 1402 1402 3959577 641249 0 -55264 191068 191068 251737 86859 135925 28953 1600260 1125247 140026 334987 151415 118811 12747 19857 148133 95842 23271 29020 11115 11115 44605 37540 5565 1500 24189 24189 192006 107489 37008 47509 13478 8508 2436 2534 62513 39592 11708 11213 283900 259348 9647 14905 6015 6015 27435 18490 4328 4617 17317 11312 5157 848 PRODUCTION COSTS 326631 326631 MARKETING 68128 34360 5938 27830 MAINTENANCE & REPAIR 8287 5255 1467 1565 3428232 2496556 406338 525338 606073 1407086 522581 522475 195765 140500 750608 498425 42217 74456 359424 301624 77289 57800 2194533 2700742 120979 112694 117490 146318 49240 61174 287709 320186 X 936508 789025 970316 1591531 1906824 2380556 2194533 2700742 531345 -57613 0 X X 0 1 X 1 0 X 2606698 1982452 2680104 2436311 3373592 13079157 2606698 1982452 2680104 2436311 3373592 13079157 3710536 9368621 973 349 428 3536 2765 8051 21250 21625 24875 32250 21250 121250 13208458 7910574871 0.70930 0.75260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34532 32638 1894 106208 98504 7704 218684 170482 48202 57800 PAYROLL LIABILITIES 61174 61174 X 4232315 193585 193585 4038730 -79153 -79153 3959577 3758583 251198 251198 3507385 -79153 -79153 3428232 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, 2015. ANY CHANGES IN TAX POSITIONS WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. THE CORPORATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES GENERALLY FOR THE YEARS ENDED JUNE 2012, 2013, AND 2014. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EVENT EXPENSE -79,153. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT EVENT EXPENSE -79,153. GALA 489172 467922 21250 4616 33980 23487 17070 489172 467922 21250 4616 33980 23487 17070 79153 -57903 1 TUITION AND FEES 20 191068 PART I, LINE 2: FROM THE TOP REVIEWS THE FOLLOWING INFORMATION PROVIDED BY STUDENTS BEFORE MAKING SELECTION OF SCHOLARSHIP RECIPIENTS: COMPLETE SCHOLARSHIP APPLICATION, MUSICAL AUDITION PERFORMANCE, EVIDENCE OF FINANCIAL NEED AS WELL AS ACADEMIC ACHEIVEMENTS. X 6 39920 FMV 0 0 1 PART I, COLUMN (B): AMOUNTS INCLUDED IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTORS PART I, LINE 32B: A THIRD PARTY IS USED TO SELL DONATED SECURITIES FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS 17 VOTING MEMBERS FORM 990, PART VI, SECTION B, LINE 11 ONCE THE FORM 990 HAS BEEN PREPARED BY THE AUDIT FIRM IT IS REVIEWED INITIALLY BY THE DIRECTOR OF FINANCE AND ADMINISTRATION. ONCE SATISFIED, IT IS FURTHER REVIEWED BY THE CEO AND AFTER THAT THE FORM 990 IS SENT TO THE AUDIT COMMITTEE FOR FINAL REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE BOARD OF DIRECTORS ARE ASKED TO SIGN OFF AND DISCLOSE ALL CONFLICTS OF INTERESTS. THESE DISCLOSURE FORMS ARE REVIEWED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 FROM THE TOP UTILIZES DATA FROM CONSULTANTS AND MARKET CONDITIONS TO DETERMINE APPROPRIATE COMPENSATION FOR KEY EMPLOYEES. OFFICERS AND BOARD MEMBERS ARE UNPAID POSITIONS WITHOUT COMPENSATION, WITH THE EXCEPTION OF JENNIFER HURLEY-WALES, THE CO-CEO/EXECUTIVE PRODUCER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE OVERSIGHT PROCESS AND SELECTION PROCESS HAVE NOT CHANGED DURING THE YEAR.