2015-02-10T15:39:03-06:00 2014-06-30 460475780 GROSSMAN ST AMOUR CPAS PLLC 110 WEST FAYETTE STREET SUITE 900 SYRACUSE NY 13202 990 2013-07-01 150532214 MUNSON-WILLIAMS-PROCTOR INSTITUTE MUNS 3157970000 310 GENESEE STREET UTICA NY 13502 ANTHONY J SPIRIDIGLOIZZI PRESIDENT 3157970000 2015-02-06 1 LINDA GABOR CPA P00964862 3154221391 2015-02-06 2013 2016-02-25 16:41:14Z ANTHONY J SPIRIDIGLOIZZI 310 GENESEE STREET UTICA NY 13502 17900002 0 X WWW.MWPAI.ORG X 1919 NY MUNSON WILLIAMS PROCTOR INSTITUTE IS A REGIONAL FINE ARTS CENTER SERVING DIVERSE AUDIENCES THROUGH THREE PROGRAM DIVISIONS: MUSEUM OF ART, PERFORMING ARTS, AND SCHOOL OF ART. 12 12 299 175 0 45618 202625 304009 6592589 6077743 3536095 3348577 674968 207158 11006277 9937487 1366060 1124416 0 0 6300676 6228768 0 0 0 5129849 5371647 12796585 12724831 -1790308 -2787344 129052864 139210323 24038491 23674337 105014373 115535986 X MUNSON-WILLIAMS-PROCTOR ARTS INSTITUTE IS A FINE ARTS CENTER DEDICATED TO SERVING DIVERSE AUDIENCES BY ADVANCING THE APPRECIATION, UNDERSTANDING, AND ENJOYMENT OF THE ARTS. THE ART INSTITUTE AIMS TO PROMOTE INTEREST AND PARTICIPATION IN THE ARTS AND STIMTULATE ARTISTIC SELF-EXPRESSION AND PERSONAL CREATIVITY, AND ASSUMING A LEADERSHIP AND ADVOCACY ROLE FOR THE ARTS. 0 0 2801766 218444 MUSEUM OF ART - THE MUSEUM FULFILLED ITS MISSION AND EXCEEDED ITS STRATEGIC GOALS THROUGH A BROAD RANGE OF SUCCESSFUL EXHIBITIONS ACCOMPANIED BY PROGRAMS THAT DIVERSIFIED OUR ATTENDANCE AND IMPACTED OUR REGION. DURING THE 2014 FISCAL YEAR, THE MUSEUM OFFERED TEN SPECIAL EXHIBITIONS IN ADDITION TO SHOWCASING THE PERMANENT COLLECTION. OF NOTE WAS THE SUMMER 2013 EXHIBIT THE PRINTS OF ANDY WARHOL, FROM A TO B AND BACK AGAIN, AND OPENING IN JUNE 2014 THE GOLDEN AGE OF EUROPEAN PAINTING, WHICH SHOWCASED SEVENTY 17TH AND 18TH CENTURY PAINTINGS BY EUROPEAN MASTERS REMBRANDT, RUBENS, TIEPOLO, GAINSBOROUGH, HOGARTH, AND OTHERS. HIGHLIGHTING WORK FROM ITALY, FRANCE, SPAIN, FLANDERS, THE NETHERLANDS, GERMANY, AND ENGLAND, THE GOLDEN AGE OF EUROPEAN PAINTING OFFERED A COMPREHENSIVE EXPLORATION OF AN ERA OF RICH CULTURAL, RELIGIOUS, AND ECONOMIC CHANGES THAT RADICALLY TRANSFORMED THE ART WORLD. THESE TWO EXHIBHITONS OFFERED RARE OPPORTUNITIES FOR OUR REGION TO VIEW ARTWORKS BY INTERNATIONAL ARTISTS THAT CANNOT BE VIEWED IN NEW YORK STATE OUTSIDE OF NEW YORK CITY. THE EXHBITIONS WERE ACCOMPANIED BY NUMEROUS EDUCATIONAL PROGRAMS FOR PATRONS OF ALL AGES. OTHER SPECIAL EXHIBITIONS APPEALED TO VARIOUS AUDIENCES AND INCLUDED WORK SPANNING NUMEROUS MEDIUMS AND TIME PERIODS, SUCH AS: AMERICAN ROYALTY: THE KENNEDYS, FASHION AND CELEBRITY, PHOTOGRAPHS BY MARK SHAW; BUTTERFLIES GEISHAS AND DRAGONS: THE ARTS AND INFLUENCE OF JAPAN; AND SAM VAN AKEN: A HOLE IN THE SKY. NEW AUDIENCES WERE INTRODUCED TO THE MUSEUM'S COLLECTIONS THROUGH THE TRAVELING EXHIBITION AMERICA'S EDEN: THOMAS COLE AND THE VOYAGE OF LIFE, WHICH OPENED IN JUNE 2014 IN CINCINNATI. THE MUSEUM EXPANDED ITS AUDIENCE THROUGH THE ADDITION OF FRIDAY EVENING HOURS AND THE CONTINUATION OF SPECIAL ACTIVITIES SUCH AS HOLIDAY MONDAY HOURS, ART ALIVE FAMILY DAYS DURING SCHOOL VACATIONS, AND THEMED MWP PARTIES (EVENING HOURS COMBINING SOCIAL AND ART EXPERIENCES). MWPAI LAUNCHED A NEW, MORE-EASILY-NEGOTIATED WEBSITE.THE MUSEUMS EDUCATION DEPARTMENT OFFERED EVENTS THAT INLCUDED MUSICAL PERFORMANCES, FAMILY DAYS, GALLERY ACTIVITIES, LECTURES AND TOURS, FILMS, AND HISTORICAL FOOD-RELATED EVENTS, ALL OF WHICH PRESENTED A BROAD CULTURAL CONTEXT FOR THE INTERPERATION OF THE ARTWORKS IN SPECIAL EXHIBHITON AND THE PERMANENT COLLECTION. THE EXPLORING MUSEUM CAREERS HIGH SCHOOL PROGRAM OFFERED HIGH SCHOOL STUDENTS AN OPPORTUNITY TO BECOME FAMILIAR WITH VARIOUS CAREER OPPORTUNITIES WITHIN THE MUSEUM SETTING, AND EXPERIENCE AS CURATORS OF AN EXHIBITION. STUDENTS MET EIGHT TIMES THROUGHOUT THE SCHOOL YEAR WITH MUSEUM STAFF TO WORK ON THE DESIGN AND CONTENT OF THEIR OWN EXHIBITION, WHICH OPENED IN MARCH. SUMMER 2013 BROUGHT INNER-CITY STUDENTS TO THE MUSEUM FOR A TWO-DAY ART-MAKING-AND-LEARNING PROGRAM, ARTREACH.THE MUSEUM CONTINUED TO ENHANCE ITS RENOWNED PERMANENT COLLECTION THROUGH IMPORTANT ACQUISITIONS IN THE AREAS OF 19TH-CENTURY AMERICAN FINE AND DECORATIVE ARTS AND CONTEMPORARY ART. AT THE CLOSE OF THE 2014 FISCAL YEAR, MUSEUM STAFF BEGAN AN AMBITIOUS PROJECT TO DIGITIZE THE COLLECTION WITH THE GOAL OF MAKING 3000 ARTWORKS AVAILABLE ON-LINE WITHIN TWO YEARS TO BE USED BY A GENERAL AUDIENCE, RESEARCHERS, AND TEACHERS. 5383854 1124416 4958659 SCHOOL OF ART - THE SCHOOL OF ART AT MWPAI IS COMPRISED OF TWO DIVISIONS: THE PRATTMWP COLLEGE PROGRAM AND THE COMMUNITY ARTS PROGRAM. THE PRATTMWP PROGRAM IS IN ITS 14TH YEAR AS AN AFFILIATE PROGRAM WITH PRATT INSTITUTE IN BROOKLYN, NY IN WHICH STUDENTS PURSUING A BACHELOR OF FINE ARTS DEGREE SPEND THEIR FRESHMAN AND SOPHOMORE YEARS AT OUR UTICA CAMPUS, AND THEN COMPLETE THEIR DEGREE BY DOING THEIR JUNIOR AND SENIOR YEARS AT THE PRATT CAMPUS IN BROOKLYN. IN THE 2013-14 ACADEMIC YEAR, PRATTMWP'S ENROLLMENT CONSISTED OF 57 FRESHMAN AND 68 SOPHOMORES FULL-TIME STUDENTS. OF THE APPROXIMATELY 125 STUDENTS, 120 STUDENTS ARE LIVING IN ONE OF OUR THREE RESIDENTIAL HALLS. OUR INCOMING FRESHMAN CLASS HAS STUDENTS REPRESENTING 15 STATES AND 6 COUNTRIES. NEW MARKETING INITIATVES DEVELOPED WITH THE MAIN ADMISSIONS OFFICE IN PRATT HAVE MORE THAN DOUBLED THE NUMBER OF PROSPECTS FOR OUR 2015 YEAR FALL CLASS. IN ADDITION, NEW STRATEGIES IMPLEMENTED FOR OUR NATIONAL PORTFOLIO DAYS VISITS THROUGHOUT THE COUNTRY ARE RESULTING IN SIGNIFICANT GROWTH IN THE EFFECTIVENESS OF THESE EVENTS IN PRODUCING APPLICANTS FROM VARIOUS CITIES. PRATT'S INTERNATIONAL ADDMISSIONS OFFICE HANDLES INTERNATIONAL RECRUITMENT AND PROCESSING. THE ADMISSIONS OFFICE HOST NUMEROUS INFORMATION SESSIONS FOR INTERESTED STUDENTS, AS WELL AS OPEN HOUSES THROUGHOUT THE YEAR. OVERNIGHT STAYS ARE ALSO AVAILABLE TO STUDENTS WHO MAY WANT TO EXPREIENCE A PORTION OF CAMPUS LIVING, ATTEND A CLASS, OR PARTICIPATE IN STUDENT ACTIVITIES.PRATTMWP RECRUITS STUDENTS NATIONALLY THROUGH NATIONAL PORTFOLIO DAYS IN VARIOUS CITIES AND HIGH SCHOOL VISITS. INTERNATIONAL RECRUITMENT IS HANDLED THOUGH PRATT INSTITUTE'S CAMPUS. THE ADMISSIONS OFFICE HOST NUMEROUS INFORMATION SESSIONS FOR INTERESTED STUDENTS AS WELL AS TWO OPEN HOUSES. OVERNIGHT STAYS ARE ALSO AVAILABLE TO STUDENTS WHO MAY WANT TO EXPERIENCE A PORTION OF CAMPUS LIVING, ATTEND A CLASS, OR PARTICIPATE IN STUDENT ACTIVITIES.STUDENTS HAD THE BENEFIT THIS YEAR OF INTERACTING WITH 4 PROFESSIONAL ARTISTS LIVING ON CAMPUS AS PART OF A TRIAL ARTIST IN RESIDENCE PROGRAM. THESE ARTIST INTERACTED WITH BOTH THE CREDIT AND NON-CREDIT STUDENTS AND WORKED IN A STUDIO ON CAMPUS DEVELOPING THEIR WORK. STUDENTS ALSO WORKED WITH PROFESSORS WHO ARE ALL PRACTICING PROFESSIONALS IN THEIR FIELD, ATTENDED OUR EASTON PRIBBLE LECTURE SERIES WHICH INVITES CONTEMPORARY PRACTICING ARTISTS TO SPEAK ABOUT THE CAREERS AS ARTISTS. THE ARTISTS WESELECT SPECIALIZE IN VARIOUS DISCIPLINES AND OFTED DO DEMONSTRATIONS OR WORKSHOPS FOR THE STUDENTS WHILE THEY ARE ON CAMPUS. ALL LECTURES ARE FREE AND OPEN TO THE PUBLIC.THE SCHOOL OF ART GALLERY FEATURED 12 EXHIBITIONS OVER THE YEAR. HIGHLIGHTS OF THE GALLERY SCHEDULE DURING THE ACADEMIC YEAR ARE THE ANNUAL FACULTY EXHIBIT AND ANNUAL ALUMNI EXHIBIT. THE GALLERY ALSO FEATURES EXHIBITION OF PROMINENT PRACTICING ARTISTS AS AN EDUCATIONAL COMPONENT OF THE CURRICULUM. DURING THE SUMMER MONTHS, THE GALLERY PRESENTS WORK BY REGIONAL CHILDREN'S ORGANIZATIONS AND LOCAL HIGH SCHOOLS. THE GALLERY ALSO PRESENTS THE CONGRESSIONAL ART SHOW, AN EXHIBITION OF JURIED WORK OF HIGH SCHOOL STUDENTS FROM THE 24TH CONGRESSIONAL DISTRICT. REPRESENTATIVE RICHARD HANNA HOSTS A RECEPTION FOR THE EXHIBIT AND PERSONALLY DISTRIBUTES AWARDS TO STUDENTS FROM TO THE 11 COUNTY DISTRICT. 1906284 493780 PERFORMING ARTS - DURING THE 2013-14 SEASON, THE PERFORMING ARTS DIVISION OF THE MUNSON-WILLIAMS PROCTOR ARTS INSTITUTE FULFILLED ITS MISSION TO PROVIDE A BROAD RANGE OF QUALITY PROGRAMS AND EDUCATIONAL OPPORTUNITIES IN THE PERFORMING AND CINEMATIC ARTS. THE DIVISION PRESENTED 15 LIVE PERFORMANCES ACROSS FOUR DIFFERENT SERIES, WITH A TOTAL ATTENDANCE OF 7,702. EDUCATIONAL PROGRAMS ATTACHED TO THESE PERFORMANCES INCLUDED PRE-CONCERT TALKS AND MEET-THE-ARTIST RECEPTIONS THAT REACHED AN ADDITIONAL 211 PARTICIPANTS. THE WEEKLY FILM SERIES FEATURED 52 TITLES FOR A TOTAL OF 206 INDIVIDUAL SCREENINGS, WITH AN OVERALL ATTENDANCE OF 10,683. THE TOTAL PARTICIPATION FOR ALL PERFORMING ARTS EVENTS WAS 18,596. HIGHLIGHTS FROM THE SEASON INCLUDE; PERFORMANCES BY CHICAGO ACCOMPANIED BY THE UTICA SYMPHONY ORCHESTRA, THE RETURN OF THE ALVIN AILEY AMERICAN DANCE THEATRE. FAMILY-FAVORITE ENTERTAINERS INCLUDED THE MARK NIZER AND STEVESONGS. INTIMATE CONCERTS WERE PRESENTED BY ORLEANS AND JEREMY DAVENPORT, AMONG OTHERS. 1477112 614018 IN ADDITION, THE INSTITUTE OPERATES AN ART REFERENCE LIBRARY WHICH SERVES THE INSTITUTE'S STAFF, STUDENTS, FACULTY, AND MEMBERS; THE GENERAL PUBLIC; AND OUTSIDE RESEARCHERS. IN 2014, THE LIBRARY SERVED 5,049 USERS AND CIRCULATED 6,553 ITEMS. THE LIBRARY PROVIDES REFERENCE AND RESEARCH SERVICES, CIRCULATION, DATABASE ACCESS, AND INTERLIBRARY LOANS. ITS COLLECTIONS INCLUDE 27,307 BOOKS, 40 PERIODICAL SUBSCRIPTIONS, 3,155 COMPACT DISCS, 2,470 DVD AND VHS FILMS, 25,000 SLIDES, AND 2,000 ARTISTS' FILES. THROUGH ITS AFFILIATION WITH THE PRATT INSTITUTE LIBRARIES, ON-SITE USERS HAVE ACCESS TO 74 ONLINE ARTICLE AND IMAGE DATABASES. THE LIBRARY ALSO MANAGES THE INSTITUTE'S ARCHIVES, WHICH CONTAINS APPROXIMATELY 410 LINEAR FEET OF INSTITUTIONAL RECORDS. 1477112 614018 11569016 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 267 0 1 299 1 1 1 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X LISA WALCHUSKY 3157970000 310 GENESEE STREET UTICA NY 13502 MICHAEL D DAMSKY TRUSTEE 1.00 X 0 0 0 FRANCIS X MATT III CHAIRMAN 1.00 X X 0 0 0 JOHN B STETSON TRUSTEE 1.00 X 0 0 0 DR WILLIAM L BOYLE JR TRUSTEE 1.00 X 0 0 0 JOSEPH J CORASANTI TRUSTEE 1.00 X 0 0 0 LINDA B VINCENT TRUSTEE 1.00 X 0 0 0 MARK D LEVITT TRUSTEE 1.00 X 0 0 0 VIGE BARRIE TRUSTEE 1.00 X 0 0 0 MARY MCLEAN EVANS TRUSTEE 1.00 X 0 0 0 STEVEN R KOWALSKY TRUSTEE 1.00 X 0 0 0 DONNA HARKAVY TRUSTEE 1.00 X 0 0 0 RICHARD R GRIFFITH TRUSTEE 1.00 X 0 0 0 ANTHONY J SPIRIDIGLOIZZI PRESIDENT 35.00 X 165251 0 25836 LISA WALCHUSKY TREASURER 35.00 X 78327 0 6185 243578 0 32021 1 0 1 0 BON APPETIT 100 HAMILTON AVENUE SUITE 400 PALO ALTO CA 94301 434493 1 304009 223100 304009 SCHOOL OF ART 611600 4958659 4958659 PERFORMING ARTS 711190 493780 493780 EXHIBITIONS 711190 314447 314447 MEMBERSHIP DUES 900099 218444 218444 ART SHOP 900099 92413 92413 6077743 926390 926390 10384702 7962515 2422187 2422187 2422187 GENERAL INSTITUTIONAL 900099 122053 122053 MISCELLANEOUS 900099 85105 85105 207158 9937487 6284901 0 3348577 1124416 1124416 278446 251687 26759 4530492 4095112 435380 179486 162152 17334 773520 699185 74335 466824 421962 44862 24455 22105 2350 51500 46551 4949 1014804 854912 159892 529772 478861 50911 194242 175575 18667 157707 142551 15156 337369 304948 32421 708283 640217 68066 181154 163745 17409 TAXES 4362 4362 UTILITIES 506868 458158 48710 CAPITAL PROJECTS 436941 394951 41990 ARTWORK 223100 223100 1001090 908828 92262 12724831 11569016 1155815 0 550372 436258 4064876 4741345 58305 109096 285595 16013 156677 155309 22479 26295 31498860 9645175 22303541 21853685 55006819 67253674 45815834 43865095 788366 753553 129052864 139210323 1009293 1192261 141808 312441 7040000 6815000 13082911 12427350 2764479 2927285 24038491 23674337 X 103874330 114276016 320223 431401 819820 828569 105014373 115535986 129052864 139210323 -2787344 13308957 0 X X 0 1 X 1 0 X 607210 475265 298622 408614 299353 2089064 5313719 4482901 6703138 7061568 6066457 29627783 5920929 4958166 7001760 7470182 6365810 31716847 0 0 0 31716847 1097478 1088139 1021031 1169496 926390 5302534 1097478 1088139 1021031 1169496 926390 5302534 7018407 6046305 8022791 8639678 7292200 37019381 0.85680 0.84970 0.14320 0.15030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 95119728 11296 9974264 8643 105096645 90081420 116627 4944535 22854 95119728 99887687 13334 -9799075 20526 90081420 90134906 980293 8778163 5675 99887687 89718968 450247 34309 90134906 0.98890 0.00790 0.00330 0 0 1967477 1967477 27250539 8125627 19124912 2280844 1519548 761296 21853685 LIMITED PARTNERSHIP AND OTHER 38695968 F REAL ESTATE AND OTHER 5169127 F 43865095 ACCRUED POST RETIREMENT BENEFIT 2040019 ACCRUED INTEREST PAYABLE 147518 ASSET RETIREMENT OBLIGATION 739748 2927285 X PART III, LINE 1A: THE COLLECTIONS ARE MADE UP OF NET ASSETS AND ARTIFACTS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR EDUCATION, RESEARCH, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGUED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO AN INTERNAL POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. WORKS OF ART ARE NOT CAPITALIZED AND CARRIED ON THE STATEMENT OF FINANCIAL POSITION; AS SUCH, PURCHASES OF WORKS OF ART ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS. SIMILARLY, PROCEEDS FROM DEACCESSIONS ARE NOW RECORDED AS INCREASES TO NET ASSETS. THE MANAGEMENT OF THE INSTITUTE BELIEVES THIS POLICY IS PREFERABLE BECAUSE WORKS OF ART ARE CARRIED FOR PUBLIC INTEREST, PUBLIC EXHIBITION, EDUCATION, OR RESEARCH, RATHER THAN FINANCIAL GAIN, AND THEREFORE SHOULD NOT BE INCLUDED IN THE STATEMENT OF FINANCIAL POSITION. PART III, LINE 4: THE MUSEUM OF ART CONSISTS OF MORE THAN 18,000 PAINTINGS, DRAWINGS, PRINTS & SCULPTURES. THE MUSEUM PROVIDES EXHIBITIONS, LECTURES, AND A LENDING LIBRARY. THESE WORKS OF ART SERVE DIVERSE AUDIENCES BY ADVANCING THE APPRECIATION, UNDERSTANDING, AND ENJOYMENT OF THE ARTS. PART V, LINE 4: TO PROVIDE INCOME FOR THE MAINTENANCE OF THE INSTITUTE. PART X, LINE 2: THE INSTITUTE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE INSTITUTE HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. ACCOUNTING STANDARDS REQUIREE THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A MORE LIKELY THAN NOT THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING MAINTENANCE OF TAX-EXEMPT STATUS. THE INSTITUTE DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. ITS TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED. AS OF JUNE 30, 2014, TAX YEARS ENDED JUNE 30, 2011 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY MAJOR TAXING JURISDICTIONS. 1 SCHOLARSHIPS & REMISSIONS 29 5766 MERIT & GRANT AWARDS 118 1118650 PART I, LINE 2: THESE FUNDS CONSIST OF SCHOLARSHIPS AND AWARDS GRANTED TO STUDENTS BASED ON ACADEMIC ACHEIEVEMENT. THE DEAN OF THE SCHOOL OF ART AND THE DIRECTOR OF FINANCIAL AID APPROVE ALL SUCH AWARDS TO ENSURE THE FUNDS ARE USED ONLY FOR AN APPROPRIATE PURPOSE. X X X X X 0 0 0 0 0 0 0 0 0 ANTHONY J SPIRIDIGLOIZZI PRESIDENT 165251 0 0 0 0 0 13831 0 12005 0 191087 0 0 0 A CITY OF UTICA INDUSTRICAL DEVELOPMENT AGENCY 161249222 917765BL2 2006-06-28 7645000 PARTIAL REFUNDING OF THE 1999 BOND ISSUE 0 0 0 A 2000 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 A 0 SCHEDULE K SUPPLENTAL INFORMATION THE $188,579 SPECIFIED AS "ISSUANCE COSTS FROM PROCEEDS" OF THE BONDS SPECIFIED IN SCHEDULE K, PART 1 CONSISTED OF (A) $150,657 IN ISSUANCE COSTS AND (B) $37,922 IN CREDIT ENHANCEMENT COSTS (LETTER OF CREDIT FEES PAID IN 2009). X 8 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES AND WILL BE PRESENTED TO THE FULL BOARD OF TRUSTEES, PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES OF THE ORGANIZATION COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. ANY CONFLICTS ARE REVIEWED AND ACTED UPON BY THE BOARD OF TRUSTEES, IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S OFFICERS' COMPENSATION IS REVIEWED BY COMPENSATION CONSULTANTS HIRED BY THE BOARD OF TRUSTEES PERIODICALLY. INDUSTRY SURVEYS, SEARCH FIRMS, AND OTHER SOURCES ARE ALSO UTILIZED DURING THIS PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE INSTITUTE'S REVIEW PROCESS FOR THE AUDITED FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. PRAXIS CORPORATION 310 WEST GENESEE STREET UTICA NY 13502 223256823 HOLD PROPERTIES, COLLECT, AND REMIT RENTAL INCOME NY 501(C)(2) MUNSON-WILLIAMS-PROCTOR INSTITUTE 1 GREAT ARTIST SERIES INC 310 WEST GENESEE STREET UTICA NY 13502 264223365 PERFORMING ARTS NY MUNSON-WILLIAMS-PROCTOR INSTITUTE C 31786 49 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 PRAXIS CORPORATION S 75000 CASH GREAT ARTIST SERIES INC R 98160 CASH GREAT ARTIST SERIES INC S 50 CASH