2015-02-16T07:39:56-06:00 2014-06-30 221478099 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2013-07-01 042867945 INDIAN HILL MUSIC INC INDI 9784869524 PO BOX 1484 LITTLETON MA 01460 SUSAN RANDAZZO EXECUTIVE DIRECTOR 9784869524 2015-02-13 1 EDWARD MCNEIL P00090108 6176481400 2013 2016-03-07 17:11:31Z SUSAN RANDAZZO PO BOX 1484 LITTLETON MA 01460 3285564 0 X WWW.INDIANHILLMUSIC.ORG X 1985 MA TO SHARE THE POWER OF MUSIC THROUGH TEACHING AND PERFORMING, AND GIVING MUSIC GENEROUSLY. 20 19 109 50 0 0 942716 918197 1810224 1789734 68189 127930 5043 -97 2826172 2835764 55606 53503 0 0 1845619 1895870 64195 2750 276460 849545 794548 2814965 2746671 11207 89093 5477263 5840504 649057 673944 4828206 5166560 THE ORGANIZATION'S MISSION IS TO SHARE THE TRANSFORMATIVE POWER OF MUSIC, THROUGH TEACHING AND PERFORMING, AND GIVING MUSIC GENEROUSLY WHEN THERE IS NEED. 0 0 1539748 52083 1592803 THE MUSIC EDUCATION PROGRAM SERVES APPROXIMATELY 1,500 STUDENTS OF ALL AGES AND ABILITIES WITH A FACULTY OF PROFESSIONAL ARTISTS AND EDUCATORS THROUGH PRIVATE INSTRUCTION, GROUP LESSONS AND ENSEMBLES FOR ALL INSTRUMENTS AND VOICE IN MANY GENRES INCLUDING CLASSICAL, JAZZ, FOLK, POPULAR, CELTIC, MUSICAL THEATRE AND OPERA. THE ORGANIZATION IS COMMITTED TO PROVIDING AFFORDABLE MUSIC EDUCATION AND ALSO HAS BEEN ABLE TO PROVIDE $52,083 IN SCHOLARSHIP AID. 507591 183723 THE PERFORMANCE PROGRAM INCLUDES ONE OF GREATER BOSTON'S LEADING PROFESSIONAL ORCHESTRAS, THE ORCHESTRA OF INDIAN HILL WHICH ANCHORS THE ORGANIZATION'S PERFORMANCE PROGRAMS, PRESENTING A SIX-CONCERT SYMPHONIC SEASON UNDER ARTISTIC DIRECTOR BRUCE HANGEN. SERVING OVER 4,000 PEOPLE ANNUALLY, THE ORCHESTRA OF INDIAN HILL HAS FEATURED INTERNATIONALLY RENOWNED GUEST SOLOISTS, COLLABORATED WITH DISTINGUISHED CHORAL GROUPS, AND COMMISSIONED NEW WORKS. THE ORGANIZATION ALSO PRESENTS CHAMBER MUSIC, JAZZ, AND FAMILY CONCERTS. 81191 1420 13208 THE ORGANIZATION'S OUTREACH PROGRAM INCLUDES AFTER SCHOOL MUSIC LESSONS AND SCHOOL DAY PERFORMANCES IN LOW-INCOME COMMUNITIES, FREE MONTHLY BACH'S LUNCH CONCERTS SERVING 2,000 SENIOR CITIZENS ANNUALLY, AND SINGING BY ITS THRESHOLD SINGERS FOR THOSE IN HOSPICE CARE. IN PARTNERSHIP WITH AREA NONPROFIT CULTURAL AND SOCIAL SERVICE ORGANIZATIONS, THE ORGANIZATION'S FACULTY AND STUDENT PERFORMERS PROVIDE MUSIC AT 50 EVENTS PER YEAR IN A VARIETY OF COMMUNITY SETTINGS. 2128530 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 130 0 1 109 1 0 0 0 0 0 1 1 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X SUSAN RANDAZZO 9784869524 36 KING STREET LITTLETON MA 01460 ARMAND DIARBEKIRIAN BOARD MEMBER 1.00 X 0 0 0 ARTHUR SHANE BOARD MEMBER 1.00 X 0 0 0 CAROLE PREST BOARD MEMBER 1.00 X 0 0 0 FAITH CROSS BOARD MEMBER 1.00 X 0 0 0 JACQUELINE NORMAND BOARD MEMBER 1.00 X 0 0 0 JAMIE DUNPHY BOARD MEMBER 15.00 X 24865 0 0 JEAN NOTIS-MCCONARTY BOARD MEMBER 1.00 X 0 0 0 JEFFREY FUHRER VICE PRESIDENT 1.00 X X 0 0 0 JOHN SPINELLO BOARD MEMBER 1.00 X 0 0 0 JONATHAN PANEK PRESIDENT/CHAIR 6.00 X X 0 0 0 KIMBERLY HARRIMAN BOARD MEMBER 1.00 X 1464 0 0 MARK SCHEIER BOARD MEMBER 1.00 X 0 0 0 MARY KAYE BOARD MEMBER 1.00 X 0 0 0 MARY LIVINGSTON CLERK 1.00 X X 0 0 0 MELISSA MARANDA BOARD MEMBER 1.00 X 0 0 0 MICHAEL HALLSTROM ASSOCIATE BOARD MEMBER 1.00 X 0 0 0 MICHAEL KNUPP BOARD MEMBER 1.00 X 0 0 0 PAMELA RESOR BOARD MEMBER 1.00 X 0 0 0 RUSS MURRAY BOARD MEMBER 1.00 X 0 0 0 RYAN DUNN BOARD MEMBER 1.00 X 0 0 0 THOMAS ROSA TREASURER 1.00 X X 0 0 0 SUSAN RANDAZZO EXECUTIVE DIRECTOR 40.00 X 109243 0 11159 135572 0 11159 1 0 0 0 0 26412 19881 871904 6082 918197 TUITION 711190 1592270 1592270 TICKET REVENUE 711190 131368 131368 SERVICE FEES 711190 39858 39858 CORPORATE SPONSORSHIP 711190 26238 26238 1789734 68128 68128 496215 436413 59802 59802 59802 13290 26412 13387 -97 -97 2835764 1789734 0 127833 53503 53503 162052 31952 65050 65050 1566898 1262513 161450 142935 35482 15346 15792 4344 131438 98992 16903 15543 32268 32268 792 792 12212 12212 2750 2750 224373 224373 93462 84557 8905 53069 47463 2618 2988 7469 4959 1123 1387 111654 77042 33496 1116 12153 12383 -230 515 480 35 86773 63787 22245 741 22982 14994 6878 1110 PROGRAM PRODUCTION 125573 97081 104 28388 PROFESSIONAL FEES 8770 6045 1522 1203 MISCELLANEOUS 2483 2483 2746671 2128530 341681 276460 161860 220640 620609 622632 12774 7058 18450 32729 3405777 1580747 1903503 1825030 2760067 3132415 5477263 5840504 48338 61078 318343 344587 282376 268279 649057 673944 X 2274147 2216439 328759 624821 2225300 2325300 4828206 5166560 5477263 5840504 X 89093 278693 -11329 -18103 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2281751 100000 339314 22975 65750 11329 2621011 2200699 1500 184240 21275 72725 10688 2281751 2151728 200000 -42018 20000 78200 10811 2200699 1913498 3937 341328 19500 77500 10035 2151728 1796628 9100 217813 19000 76000 15043 1913498 0.88720 0.11280 0 0 2809396 1092931 1716465 596381 487816 108565 1825030 CHARITABLE GIFT ANNUITIES 268279 268279 X 3052486 278693 7577 -71606 214664 2837822 11329 -13387 -2058 2835764 2714132 7577 13387 20964 2693168 53503 53503 2746671 PART V, LINE 4: THE ORGANIZATION'S RETURN ON THE INVESTMENT OF ENDOWMENT FUNDS IS USED FOR SCHOLARSHIPS, PHILANTHROPIC OUTREACH, ORCHESTRA INITIATIVES, EDUCATIONAL PROGRAMS AND OPERATIONAL NEEDS. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2014. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX PROVISIONS 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, 2014. ANY CHANGES IN TAX POSITIONS WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES GENERALLY FOR THE YEARS ENDED JUNE 30, 2011, 2012, AND 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: LESS SCHOLARSHIPS GRANTED -53,503. CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -18,103. PART XI, LINE 4B - OTHER ADJUSTMENTS: LESS DIRECT FUNDRAISING EXPENSES -13,387. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 13,387. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS GRANTED 53,503. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION'S NON DISCRIMINATORY POLICY IS INCLUDED ON THE ORGANIZATION'S WEBSITE, REGISTRATION DOCUMENTATION, AND ON OTHER PROMOTIONAL MATERIALS THAT RELATE TO THE SOLICITATION OF STUDENTS. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED $17,000 IN ASSISTANCE FROM THE MASSACHUSETTS CULTURAL COUNCIL, AND $2,881 FROM VARIOUS LOCAL CULTURAL COUNCILS. GALA 39702 26412 13290 2277 5471 975 4664 39702 26412 13290 2277 5471 975 4664 13387 -97 1 SCHOLARSHIPS 107 53503 PART I, LINE 2: THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS IN NEED BASED UPON THE AVAILABLE FINANCIAL RESOURCES OF THE ORGANIZATION AND AN APPLICATION AND SELECTION PROCESS USING DEFINED CRITERIA. ALL SCHOLARSHIP GRANTS ARE TRACKED INTERNALLY AND APPLIED DIRECTLY TO THE COST OF TUITION FOR CLASSES AND LESSONS TO BE TAKEN AT OUR ORGANIZATION. THE ORGANIZATION TRACKS EACH STUDENT AND EACH LESSON OR CLASS THEY ATTEND. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO DISTRIBUTION TO THE FULL BOARD. ONCE THE AUDIT COMMITTEE FINDS THE DOCUMENT TO BE ACCEPTABLE, THE FULL BOARD RECEIVES A COPY TO REVIEW. ALL BOARD MEMBERS ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS AND ONCE THOSE QUESTIONS AND ANY RESULTING REVISIONS ARE ADDRESSED, THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A FORMAL, WRITTEN CONFLICT OF INTEREST POLICY. EACH MEMBER OF THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR OF THE ORGANIZATION ARE REQUIRED TO CERTIFY ON AN ANNUAL BASIS THAT THEY HAVE RECEIVED AND REVIEWED THE POLICY AND THAT THEY ARE IN COMPLIANCE WITH IT. INTERNAL EMPLOYEES TRACK TO ENSURE CERTIFICATIONS ARE RECEIVED AND THAT NO ISSUES ARE REPORTED. IF ISSUES WERE TO EXIST, THEY WOULD BE BROUGHT TO THE ATTENTION OF THE CHAIRMAN OF THE BOARD AND EXECUTIVE DIRECTOR FOR FURTHER REVIEW AND RESOLUTION. INDIVIDUALS WITH A CONFLICT OF INTEREST ARE NOT ALLOWED TO VOTE ON ANY MATTERS THAT ARE SUBJECT TO CONFLICT. IF A CONFLICT OF INTEREST SEVERELY IMPEDED AN INDIVIDUAL'S ABILITY TO PERFORM THEIR ORGANIZATIONAL DUTIES, THAT INDIVIDUAL WILL BE REMOVED FROM THEIR POSITION. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A - INCREASES TO EXECUTIVE DIRECTOR COMPENSATION INCLUDE A PERFORMANCE REVIEW PROCESS LED BY THE CHAIRMAN OF THE BOARD WITH INPUT FROM THE BOARD OF DIRECTORS AND SENIOR STAFF, A REVIEW OF COMPARABILITY DATA COMPLETED BY THE HUMAN RESOURCES SUB-COMMITTEE OF THE BOARD OF DIRECTORS, A RECOMMENDATION TO THE FULL BOARD BY THAT SUB-COMMITTEE AND APPROVAL BY THE FULL BOARD OF DIRECTORS. MINUTES OF ALL MEETINGS RELATED TO EXECUTIVE DIRECTOR COMPENSATION ARE MAINTAINED TO DOCUMENT THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION B, LINE 15B - INCREASES TO THE TOP FINANCIAL OFFICIAL'S COMPENSATION INCLUDE A PERFORMANCE REVIEW PROCESS AND A REVIEW OF COMPARABILITY DATA COMPLETED BY THE HUMAN RESOURCES SUB-COMMITTEE OF THE BOARD OF DIRECTORS. MINUTES OF ALL HUMAN RESOURCES COMMITTEE MEETINGS ARE MAINTAINED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S WEBSITE STATES THIS AND ALSO PROVIDES THE CONTACT INFORMATION TO OBTAIN THESE DOCUMENTS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -18,103. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.