2016-05-02T11:49:07-05:00 2015-06-30 990 2014-07-01 340714600 CLEVELAND INSTITUTE OF MUSIC CLEV 2167915000 11021 EAST BLVD CLEVELAND OH 44106 MRERIC BOWER VICE PRESIDENT/COO 2167915000 2016-04-28 2016-05-02 2014 2016-08-17 19:52:53Z MR ERIC BOWER 11021 EAST BLVD CLEVELAND OH 44106 57355992 false 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. 47 47 662 267 259127 76881 3432123 3597054 22975949 24274582 3873935 2584648 129212 356870 30411219 30813154 10583917 11014549 0 12132266 12625096 0 1240434 6707599 6799646 29423782 30439291 987437 373863 91429153 89614560 19287973 18446563 72141180 71167997 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. false false 23306815 11014549 24274582 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 (FIRST CHAIR MUSICIANS) OF THE CLEVELAND ORCHESTRA. CONSERVATORY ALUMNI PLAY IMPORTANT MUSICAL ROLES AS COMPOSERS, EMINENT INSTRUMENTAL AND VOCAL SOLOISTS, WORLD-RENOWNED CHAMBER MUSICIANS AND MEMBERS OF PREMIER ORCHESTRAS AROUND THE GLOBE. CIM'S PREPARATORY & CONTINUING EDUCATION DIVISION SERVES OVER 1,300 STUDENTS OF ALL AGES. ANNUALLY, CIM PRESENTS MORE THAN 300 MOSTLY FREE MUSIC EVENTS. 23306815 true true false false false false false true false true true true false false true false true false true false true false true false false false false false true true true false false false false false false false false true true true false false false false false false false false true 841 0 true 662 true true true false false false false true true false false false false X 47 47 false false false false true true false true true false false true true true true true true true false false OH X X MR ERIC BOWER 2167915000 11021 EAST BLVD CLEVELAND OH 44106 ADDICOTT GAY CULL TRUSTEE 1.00 X 0 0 0 ANDERSON A CHACE TRUSTEE 1.00 X 0 0 0 BALDASSARRE CARL E TRUSTEE 1.00 X 0 0 0 BASSETT CYNTHIA TRUSTEE 1.00 X 0 0 0 BITTENBENDER CHARLES A TRUSTEE 1.00 X 0 0 0 BOURNE JUDITH D TRUSTEE 1.00 X 0 0 0 BRODHEAD PETER J TRUSTEE 1.00 X 0 0 0 BUCKLEY BRENT M TRUSTEE & VI 1.00 X X 0 0 0 BUESCHER ANN TRUSTEE 1.00 X 0 0 0 COFFEY THOMAS W TRUSTEE 1.00 X 0 0 0 COOLEY CHARLES P III TRUSTEE 1.00 X 0 0 0 CURRY JANET TRUSTEE 1.00 X 0 0 0 DAVIS JEFFREY M TRUSTEE 1.00 X 0 0 0 DECONINGH MATHEW F TRUSTEE 1.00 X 0 0 0 DEIOMA ROSEMARY TRUSTEE 1.00 X 0 0 0 DONLEY TERRANCE K TRUSTEE 1.00 X 0 0 0 GRATRY BARBARA TRUSTEE & SE 1.00 X X 0 0 0 HARVIE CRAWFORD T TRUSTEE 1.00 X 0 0 0 HAYES ELEANOR M TRUSTEE 1.00 X 0 0 0 HELLMAN JOHN A TRUSTEE 1.00 X 0 0 0 HIPPLE RICHARD J TRUSTEE 1.00 X 0 0 0 JENKS CARL M TRUSTEE 1.00 X 0 0 0 LINTON JEFFREY B TRUSTEE 1.00 X 0 0 0 MALZ JAMES M TRUSTEE 1.00 X 0 0 0 MARSTON CHARLES S TRUSTEE & VI 1.00 X X 0 0 0 MIMS A GRACE L TRUSTEE 1.00 X 0 0 0 MIXON III A MALACHI TRUSTEE & CH 1.00 X X 0 0 0 MOBLEY MARILYN S TRUSTEE 1.00 X 0 0 0 MOYAR MARJORIE M TRUSTEE 1.00 X 0 0 0 POGUE RICHARD W TRUSTEE 1.00 X 0 0 0 POTH GARY W TRUSTEE 1.00 X 0 0 0 RILEY SHAWN M TRUSTEE 1.00 X 0 0 0 ROBINSON BARBARA S TRUSTEE 1.00 X 0 0 0 ROTHMANN SUSAN A TRUSTEE 1.00 X 0 0 0 SCHLANG ELLIOTT L TRUSTEE 1.00 X 0 0 0 SCIARAPPA DONNA M TRUSTEE & TR 1.00 X X 0 0 0 SEIDENFELD ASTRI TRUSTEE 1.00 X 0 0 0 SELVAGGI HOLLY TRUSTEE 1.00 X 0 0 0 SOLGANIK MARVIN TRUSTEE 1.00 X 0 0 0 STEWART HAROLD O TRUSTEE 1.00 X 0 0 0 SWIFT CHRISTOPHER J TRUSTEE 1.00 X 0 0 0 SYKES PAUL J TRUSTEE 1.00 X 0 0 0 THOMAS JOSEPH H TRUSTEE & VI 1.00 X X 0 0 0 WEINBERGER JOY TRUSTEE 1.00 X 0 0 0 WILSON SONALI TRUSTEE 1.00 X 0 0 0 WONG ROSE TRUSTEE 1.00 X 0 0 0 YOUNG CHARLES T TRUSTEE 1.00 X 0 0 0 SMIRNOFF JOEL PRESIDENT & 40.00 X 417560 0 41433 BOWER ERIC VP/COO & EX- 40.00 X 241718 0 39878 STONE KARIN L VP INST. ADV 40.00 X 208168 0 27356 DALY ADRIAN DEAN OF CONS 40.00 X 127901 0 37204 SHAPIRO SANDRA DEAN OF PREP 40.00 X 101244 0 21469 PREUCIL WILLIAM FACULTY 40.00 X 176520 0 16389 IRVINE JEFFREY FACULTY 40.00 X 152155 0 13318 ROBINSONSHARON FACULTY 40.00 X 129342 0 21795 LAREDO JAIME FACULTY 40.00 X 128472 0 21488 SALAFF PETER FACULTY 40.00 X 121770 0 32778 1804850 273108 14 false true false ERNST YOUNG LLP 925 EUCLID AVENUE CLEVELAND OH 44114 AUDITING 127075 1 864909 2732145 184984 3597054 TUITION & FEES 24274582 24274582 24274582 927602 927602 4355 3625 730 730 439 291 28196259 26539213 1657046 1657046 1657046 PARTNERSHIP INCOME (LOSS) 900099 258688 258688 97452 97452 356140 30813154 24372034 259127 2584939 10963549 10963549 51000 51000 1332614 458129 505606 368879 9454063 7706002 1481429 266632 389544 315603 56532 17409 768078 581270 161213 25595 680797 564074 97512 19211 50015 50015 161794 161794 68973 68973 747636 306875 409720 31041 79585 16723 62862 673917 358566 275634 39717 181902 32895 132603 16404 1111765 464767 646998 134089 110858 23202 29 258404 90658 32486 135260 333916 10081 8389 315446 1575700 1575700 166782 34649 132133 CWRU TUITION 1160714 1160714 BAD DEBTS 26665 24139 2526 67789 56263 6715 4811 30439291 23306815 5892042 1240434 1150 1150 1724357 1945568 122941 44627 463755 466274 1953850 1897513 136580 139226 190571 161765 47965095 17211748 32090101 30753347 43657777 41426611 11088071 12778479 91429153 89614560 624901 617032 169332 188066 16745000 15950000 245290 188015 1503450 1503450 19287973 18446563 X 48018995 46679866 599214 524254 23522971 23963877 72141180 71167997 91429153 89614560 X 373863 -746122 -600924 X X false true X true true true X 2938641 3353075 3334116 3432123 3597054 16655009 2938641 3353075 3334116 3432123 3597054 16655009 768690 15886319 1030003 934081 891928 916243 927873 4700128 59972 60765 259129 379866 65948 127939 75688 67457 97451 434483 22169486 110412535 0.71660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 74978 false 44181847 783142 -443155 160435 44361399 38260293 579359 5491394 149199 44181847 34647813 532972 3235322 155814 38260293 36631636 113994 -1931716 166101 34647813 30598775 637131 5558481 162751 36631636 0.45980 0.54020 true false 1063536 1063536 39829488 12551711 27277777 592769 380390 212379 1825531 1593177 232354 4653771 2686470 1967301 30753347 PARTNERSHIPS 12753479 F PARTNERSHIPS 25000 C 12778479 U.S. GOVERNMENT GRANTS REFUNDABLE 1503450 1503450 18646433 -746122 28315 -342236 -1060043 19706476 11106678 11106678 30813154 19619616 28315 28315 19591301 10847990 10847990 30439291 SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN CHARITABLE PERPETUAL TRUST -342,236 SCHEDULE D, PAGE 4, PART XI, LINE 4B FINANCIAL AID AND DISCOUNT 10,847,990 PARTNERSHIP K-1S INCOME (LOSS) 258,688 SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID AND DISCOUNT 10,847,990 true true false true true true true false false false false false false false false true false true SCHEDULE E, 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 ALL BROCHURES, CATALOGUES AND OTHER WRITTEN COMMUNICATIONS WITH THE PUBLIC,DEALING WITH STUDENT ADMISSIONS, PROGRAMS & SCHOLARSHIPS. THE FOLLOWING IS THE INSTITUTE'S POLICY ON NON-DISCRIMINATION FOR ADMISSION AS REAFFIRMED BY THE BOARD OF TRUSTEES: CLEVELAND INSTITUTE OF MUSIC ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO ALL STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, SCHOLARSHIPS AND LOAN PROGRAMS, AND OTHER SCHOOL ADMINISTERED PROGRAMS. SCHEDULE E, LINE 6 FINANCIAL AID ASSISTANCE IS RECEIVED FROM THE FOLLOWING GOVERNMENTAL AGENCIES: US DEPARTMENT OF EDUCATION: FEDERAL DIRECT STAFFORD LOAN FEDERAL DIRECT PLUS LOAN FEDERAL PERKINS LOAN FEDERAL WORK-STUDY SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PELL GRANT US DEPARTMENT OF VETERAN AFFAIRS: POST 9/11 GI BILL OHIO BOARD OF REGENTS: OHIO COLLEGE OPPORTUNITY GRANT & OHIO WAR ORPHAN SCHOLARSHIP PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY: PA STATE GRANT true EUROPE PROGRAM SERVICES STUDY ABROAD PROGRAM 51000 CENTRAL AMERICA & CARIBBEAN INVESTMENTS 6121293 EUROPE INVESTMENTS 987874 7160167 7160167 SCHOLARSHIPS EUROPE 3 51000 CREDIT TO ACCT false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 2 CLEVELAND INSTITUTE OF MUSIC CREDITS THE SCHOLARSHIPS DIRECTLY TO THE STUDENTS' ACCOUNTS, AND THEREFORE ENSURES THAT THE FUNDS ARE SPENT FOR EDUCATIONAL PURPOSES. SCHEDULE F, PAGE 1, PART I, LINE 3 EUROPE 51,000 0 0 0 CENTRAL AMERICA & CARIBBEAN 0 6,121,293 EUROPE 0 987,874 true FELLOWSHIP AND SERVICES 26 58150 INSTITUTIONAL SCHOLARSHIP 474 10632427 AUDITION ASSISTANCE 980 43445 WORK STUDY 176 198651 SEOG 35 27876 ORGAN INTERN AT CHURCHES 3 3000 SCHEDULE I, PAGE 1, PART I, LINE 2 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 true true X X X X false false false false false false false false false SMIRNOFF JOEL PRESIDENT & EX-OFFIC 415184 2376 18667 22766 458993 BOWER ERIC VP/COO & EX-OFFICIO 240725 993 20011 19867 281596 STONE KARIN L VP INST. ADVANCEMENT 207726 442 16968 10388 235524 DALY ADRIAN DEAN OF CONSERVATORY 127766 135 9981 27223 165105 PREUCIL WILLIAM FACULTY 175880 640 14074 2315 192909 IRVINE JEFFREY FACULTY 151442 713 11225 2093 165473 ROBINSONSHARON FACULTY 128008 1334 10684 11111 151137 SALAFF PETER FACULTY 121374 396 10645 22133 154548 SCHEDULE J, PAGE 1, PART I, LINE 1A THE VP/CHIEF OPERATING OFFICER, ERIC BOWER, WAS ACCOMPANIED BY HIS WIFE ON 1 DOMESTIC BUSINESS TRIP. BENEFITS RECEIVED INCLUDED COACH AIRFARE AND WERE NOT TREATED AS TAXABLE COMPENSATION TO MR. BOWER BECAUSE HIS WIFE ASSISTED IN ACHIEVING THE BUSINESS PURPOSE OF THE TRIP. A OHIO HIGHER EDUCATIONAL FACILITY CO THE CLEVELAND INSTITUTE OF MUSIC 340714600 67756BPD6 2010-12-29 19320000 REFINANCE '05 BONDS FOR CONSTRUCTION PROJECT false false false A 2575000 19320000 19320000 2007 true false true true A false false false false 0.00020 0.00020 false false true A false false false true true false false false true A false SCHEDULE K - DATE REBATE COMPUTATION PERFORMED OHIO HIGHER EDUCATIONAL FACILITY COM 11/30/15 JOAN KWUON SPOUSE OF PRES. 100745 TEACHING false X 19 153887 MEAN PRICE @ DATE OF TFR X GRAND PIANO 1 26240 APPRAISAL X LIBRARY MATR'L 146 4857 AVE 3 YR PRICE/NEW ITEMS 1 false true false FORM 990 - ORGANIZATION'S MISSION 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. FORM 990, PAGE 6, PART VI, LINE 6 CLASSES OF MEMBERS OR STOCKHOLDERS 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, PAGE 6, PART VI, LINE 7A THE MEMBERS ELECT THE TRUSTEES OF THE INSTITUTE AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 11B ONCE THE 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. THE 990 IS DISCUSSED AT THE MEETING OF THE FULL BOARD, AND DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY, WHICH IS REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS GOVERNANCE COMMITTEE AT LEAST ANNUALLY AND MODIFIED AS REQUIRED. THE BOARD OF DIRECTORS, 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 DIRECTORS 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, PAGE 6, PART VI, LINE 15A THE CLEVELAND INSTITUTE OF MUSIC HAS A COMPENSATION COMMITTEE THAT DETERMINES THE COMPENSATION FOR THE PRESIDENT,THE VP & CHIEF OPERATING OFFICER, AND THE VP OF INSTITUTIONAL ADVANCEMENT. THE COMMITTEE DISCHARGES THE DUTY OF THE BOARD OF TRUSTEES(BOARD) IN FULFILLING THE BOARD'S OVERSIGHT RESPONSIBILITIES FOR DETERMINING THE REASONABLENESS AND ADEQUACY OF THE COMPENSATION AND BENEFITS PAID TO THE PRESIDENT, THE VP & CHIEF OPERATING OFFICER, AND THE VP 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 VP & CHIEF OPERATING OFFICER, AND THE VP OF INSTITUTIONAL ADVANCEMENT. ONCE APPROVED BY THE COMMITTEE, THE CHAIRMAN OF THE BOARD OF TRUSTEES SIGNS A LETTER APPROVING THE COMPENSATION FOR THE YEAR. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND 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 TRUST -342,236 FINANCIAL AID AND DISCOUNT -10,847,990 PARTNERSHIP K-1S INCOME (LOSS) -258,688 FINANCIAL AID AND DISCOUNT 10,847,990 FORM 990, PART XI, LINE 9 CHANGE IN CHARITABLE PERPETUAL TRUST 0 PARTNERSHIP K-1 INCOME (LOSS) 0 CHANGE IN CHARITABLE PERPETUAL TRUST -342,236 PARTNERSHIP K-1 INCOME (LOSS) 258,688