2016-05-02T13:28:37-05:00 2015-06-30 476097913 SEIM JOHNSON LLP 18081 BURT STREET SUITE 200 OMAHA NE 680224722 990 2014-07-01 470834657 OMAHA CONSERVATORY OF MUSIC OMAH 4029324978 7023 CASS ST OMAHA NE 68132 RUTH MEINTS EXECUTIVE DIRECTOR 4029324978 2016-04-18 1 BARBARA J FAJEN P00400874 4023302660 2014 2016-08-17 19:52:53Z X RUTH MEINTS 7023 CASS ST OMAHA NE 68132 9585771 0 X WWW.OMAHACM.ORG X 2000 NE THE OMAHA CONSERVATORY OF MUSIC IS A NON-PROFIT SCHOOL THAT BUILDS MUSICAL COMMUNITY THROUGH EDUCATION AND PERFORMANCE TO ENRICH LIVES. 17 15 71 3 0 0 732141 8690519 801574 882954 1191 1186 13966 11112 1548872 9585771 0 0 0 0 927737 1196312 0 0 121000 586507 655752 1514244 1852064 34628 7733707 455551 11652217 125085 1064230 330466 10587987 THE OMAHA CONSERVATORY OF MUSIC IS A NON-PROFIT SCHOOL THAT BUILDS MUSICAL COMMUNITY THROUGH EDUCATION AND PERFORMANCE TO ENRICH LIVES. 0 0 1595612 894066 THE ORGANIZATION PROVIDES COMPREHENSIVE AND QUALITY MUSIC INSTRUCTION TO HUNDREDS OF STUDENTS RANGING IN LEVEL FROM BEGINNER TO ADULT. THE SCHOOL ALSO ASSISTS IN ENHANCING THE STUDENT'S ABILITY TO PERFORM IN FRONT OF LARGE GROUPS AND PROVIDES AN AVENUE FOR TODAY'S YOUTH TO ESTABLISH A SENSE OF ACCOMPLISHMENT, PRIDE IN SUCCEEDING, AND A FEELING OF BELONGING AND BEING A VITAL MEMBER OF A SUCCESSFUL GROUP. IT PROVIDES MUSIC EDUCATION AND OUTREACH IN THE COMMUNITY. 1595612 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 1 32 0 1 71 1 0 0 0 0 0 0 0 0 0 0 X 17 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 1 0 X RUTH MEINTS 4029324978 7023 CASS STREET OMAHA NE 68132 DR DAVID JASPER CHAIR 1.00 X X 0 0 0 MATTHEW STADLER TREASURER 1.00 X X 0 0 0 BRANDY DERUITER SECRETARY 1.00 X X 0 0 0 PAUL SMITH DIRECTOR 1.00 X 0 0 0 WENDE KOTOUC DIRECTOR 1.00 X 0 0 0 FATIMA BASITH DIRECTOR 1.00 X 0 0 0 LEAH BAUER DIRECTOR 1.00 X 0 0 0 CONNIE COSENTINO DIRECTOR 1.00 X 0 0 0 MICHAEL CRABB DIRECTOR 1.00 X 0 0 0 RYAN ELLIS DIRECTOR 1.00 X 0 0 0 ANNE MADISON ARTIST-FACULTY REPRESENTATIVE 1.00 X 0 0 0 DR JERRY MOSKUS DIRECTOR 1.00 X 0 0 0 DR DIANE RIVERS DIRECTOR 1.00 X 0 0 0 SUSAN ROTHHOLZ DIRECTOR 1.00 X 0 0 0 BETIANA SIMON DIRECTOR 1.00 X 0 0 0 DR NICHOLAS SMITH DIRECTOR 1.00 X 0 0 0 RUTH MEINTS EXECUTIVE DIRECTOR 55.00 X X 123398 0 1234 123398 0 1234 1 0 0 0 0 8500 8682019 3605096 8690519 TUITION AND FEES 611600 881454 881454 PERFORMANCE FEES 900099 1500 1500 882954 1186 1186 3900 0 3900 3900 3900 2268 0 2268 2268 OTHER 900099 4944 4944 4944 9585771 894066 0 1186 85505 58143 15391 11971 39673 26581 13092 944470 806584 79483 58403 8464 7053 751 660 27518 22930 2441 2147 90682 75563 8043 7076 5228 3282 1946 77763 76034 1729 38280 29254 9026 64374 51551 4012 8811 13658 13648 10 161441 148947 11400 1094 39087 39087 6584 1451 20 5113 3517 3517 72871 66382 5921 568 9832 8957 798 77 INSTRUMENT/MUSIC PURCHA 63324 63324 CHANGE IN UNCOLLECIBLE 41908 41908 BAD DEBT 20560 20560 RESEARCH 15831 15831 21494 18542 2952 1852064 1595612 135452 121000 55683 18254 1455 684527 5322998 51289 41593 11560 5765003 241620 302391 5523383 44598 49902 135 455551 11652217 3453 970848 93382 108550 13082 125085 1064230 X 330466 4863393 0 5679594 0 45000 330466 10587987 455551 11652217 7733707 350 287329 2236135 0 X X 0 1 X 1 0 X 123542 503812 570130 732141 8690519 10620144 486273 787 597474 801574 885222 2771330 7710 11003 5000 4944 28657 609815 512309 1178607 1538715 9580685 13420131 268500 401688 220000 5435246 6325434 0 268500 401688 220000 5435246 6325434 7094697 118 688 10577 10157 1186 22726 118 688 10577 10157 1186 22726 609933 512997 1189184 1548872 9581871 13442857 0.52780 0.99340 0.00170 0.00660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51006 1522 -1400 53928 0.88000 0.12000 0 0 301237 200824 100413 118794 40796 77998 5344972 5344972 5523383 X 9873450 350 287329 287679 9585771 0 9585771 1852064 0 1852064 0 1852064 PART V, LINE 4: THE ENDOWMENT CONSISTS OF INVESTMENTS HELD BY THE ORGANIZATION, THE INCOME FROM WHICH IS EXPENDABLE FOR SCHOLARSHIPS. PART X, LINE 2: THE ORGANIZATION'S OPERATION IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE ORGANIZATION HAS RECEIVED A DETERMINATION LETTER THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. PART V FISCAL YEAR 2015 WAS THE FIRST YEAR THE ORGANIZATION WAS SUBJECT TO AUDIT. IN CONNECTION WITH THE AUDIT PROCEDURES, IT WAS IDENTIFIED THAT THE ORGANIZATION HELD AN ENDOWMENT THAT WAS NOT PREVIOUSLY REPORTED ON SCHEDULE D. THE BALANCE AT JULY 1, 2014 WAS $51,006. DRYDEN MEINTS DRYDEN MEINTS IS THE SON OF THE EXECUTIVE DIRECTOR, RUTH MEINTS. 46006 DRYDEN MEINTS WAS COMMISSIONED TO COMPOSE PIECES OF MUSIC TO BE USED AS CURRICULUM BY THE ORGANIZATION. HE WAS COMPENSATED IN THE AMOUNT OF $6,333 FOR THE COMPOSITIONS. DRYDEN IS ALSO EMPLOYED AS A GRAPHICS SPECIALIST FOR WHICH HE RECIEVED COMPENSATION IN THE AMOUNT OF $39,673. 0 X 1 3605096 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR ITS APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12 THE BOARD OF DIRECTORS INSTITUTED A WRITTEN CONFLICT OF INTEREST POLICY ON FEBRUARY 18, 2016. PRIOR TO THAT DATE, THE BOARD OF DIRECTORS VERBALLY DISCUSSED AND APPROVED ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS, WHO MAKE REFERENCE TO SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST BY THE GENERAL PUBLIC. CONTACT INFORMATION FOR SUCH REQUEST IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE ORGANIZATION'S FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PART IX, LINE 5 COMPENSATION INCLUDES WAGES PAID TO RUTH MEINTS FOR HER POSITION AS EXECUTIVE DIRECTOR. RUTH MEINTS ALSO RECEIVED WAGES AS A FACULTY MEMBER WHICH ARE INCLUDED ON LINE 7. PART XI, LINE 8 FISCAL YEAR 2015 WAS THE FIRST YEAR THE ORGANIZATION WAS SUBJECT TO AUDIT. IN CONNECTION WITH AUDIT PROCEDURES, A PRIOR PERIOD ADJUSTMENT OF $2,236,135 WAS RECORDED IN ORDER TO PROPERLY REFLECT THE ACCRUAL BASIS OF ACCOUNTING. ADJUSTMENTS INCLUDE AMOUNTS FOR ACCOUNTS AND PLEDGES RECEIVABLE, DEFERRED REVENUE, FIXED ASSETS, ACCOUNTS PAYABLE AND ACCRUED LIABILITIES. OCM FOUNDATION 7023 CASS STREET OMAHA NE 68132 471848736 FUNDRAISING NE 501(C)(3) LINE 11B, II OMAHA CONSERVATORY OF MUSIC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0