MUSIC ASSOCIATES OF ASPEN INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- MUSIC ASSOCIATES OF ASPEN INC (EIN 84-0445087)
- Tax period
- 2013-10-01 to 2014-09-30
- Filed
- 2015-05-13
- IRS object ID
- 201531339349302208
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-13T10:34:06-05:00 | ReturnTs |
| Tax Period End | 2014-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 841509269 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCMAHAN AND ASSOCIATES LLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5850 | AddressLine1 |
| City | AVON | City |
| State | CO | State |
| ZIP Code | 81620 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840445087 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUSIC ASSOCIATES OF ASPEN INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MUSI | BusinessNameControlTxt |
| Phone | 9709253254 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 MUSIC SCHOOL ROAD | AddressLine1 |
| City | ASPEN | City |
| State | CO | State |
| ZIP Code | 81611 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALAN FLETCHER PRESIDENT AND CEO | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 9709253254 | PhoneNum |
| Signature | 2015-04-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PAUL J BACKES | PreparerPersonNm |
| PTIN | P00175605 | PTIN |
| Phone | 9708458800 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASPEN MUSIC FESTIVAL AND SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ALAN FLETCHER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 MUSIC SCHOOL ROAD | AddressLine1 |
| City | ASPEN | City |
| State | CO | State |
| ZIP Code | 81611 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $30,206,704 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTP://WWW.ASPENMUSICFESTIVAL.COM/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1954 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | SEE PART III, LINE 1. | ActivityOrMissionDesc |
| Voting Members Governing Body | 50 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 38 | VotingMembersIndependentCnt |
| Total Employee | 152 | TotalEmployeeCnt |
| Total Volunteers | 200 | TotalVolunteersCnt |
| Total Gross UBI | $326,141 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $9,603 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $12,646,555 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,830,700 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,236,194 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,573,171 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,886,873 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,012,156 | CYInvestmentIncomeAmt |
| PY Other Revenue | $424,518 | PYOtherRevenueAmt |
| CY Other Revenue | $109,438 | CYOtherRevenueAmt |
| PY Total Revenue | $25,194,140 | PYTotalRevenueAmt |
| CY Total Revenue | $18,525,465 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,177,091 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,394,703 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,049,926 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,366,559 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,005,576 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,619,427 | PYOtherExpensesAmt |
| CY Other Expenses | $10,449,326 | CYOtherExpensesAmt |
| PY Total Expenses | $15,846,444 | PYTotalExpensesAmt |
| CY Total Expenses | $17,210,588 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,347,696 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,314,877 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $102,866,440 | TotalAssetsBOYAmt |
| Total Assets EOY | $113,369,854 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,744,195 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $15,330,032 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $96,122,245 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $98,039,822 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ASPEN MUSIC FESTVAL & SCHOOL BRINGS TOGETHER THE FINEST MUSIC STUDENTS, ARTIST FACULTY AND PERFORMERS TO CREATE TRANSFORMATIVE EDUCATIONAL EXPERIENCES WITHIN A COMMUNITY OF ARTISTIC INTEGRITY AND INNOVATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $13,892,240 | ExpenseAmt |
| Grant | $2,394,703 | GrantAmt |
| Revenue | $6,131,757 | RevenueAmt |
| Desc | MUSIC EDUCATION FOR 630 STUDENTS DURING AN EIGHT-WEEK SESSION, INCLUDING ORCHESTRAL AND CHAMBER PERFORMANCES BEFORE PUBLIC AUDIENCES OF APPROXIMATELY 75,000 PATRONS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $181,012 | ExpenseAmt |
| Revenue | $120,268 | RevenueAmt |
| Desc | COMMUNITY MUSIC EDUCATION AND OUTREACH, INCLUDING IN-SCHOOL ENRICHMENT AND AFTER SCHOOL PROGRAMMING FOR APPROXIMATELY 400 STUDENTS THROUGHOUT THE ROARING FORK VALLEY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenue | $10,392 | RevenueAmt |
| Desc | OTHER PROGRAM SERVICES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Revenue | $10,392 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $14,073,252 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 339 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 152 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 50 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 38 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9709253254 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 MUSIC SCHOOL ROAD | AddressLine1 |
| City | ASPEN | City |
| State | CO | State |
| ZIP Code | 81611 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (67 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| THOMAS H BAER | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ED BERKELEY | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $29,150 | $0 | $0 | |||
| SANDRA K BISHOP | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SAM BROWN | ||||||||
| TRUSTEE/TREASURER | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| KAY BUCKSBAUM | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARTIN CARVER | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN DRIMMER | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES DUNHAM | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $30,463 | $0 | $0 | |||
| JERRY EBERHARDT | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GAIL ENGELBERG | ||||||||
| TRUSTEE/SECRETARY | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| ALAN ENGLANDER | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANN B FRIEDMAN | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JESSICA FULLERTON | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY GIESE | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SANFORD GROSSMAN | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID HALEN | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $36,974 | $0 | $0 | |||
| LINDA VITTI HERBST | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT HURST | ||||||||
| TRUSTEE/BOARD CHAIR | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| ALLISON KANDERS | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL KANTOR | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $49,960 | $0 | $0 | |||
| GERALD KATCHER | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL KLEIN | ||||||||
| TRUSTEE/VICE CHAIR | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| CATHY KOPLOVITZ | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JONATHAN LEE | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ESPEN LILLESLATTEN | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $23,866 | $0 | $0 | |||
| ROBERT LIPSETT | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $34,899 | $0 | $0 | |||
| WILLEM MESDAG | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ALEXANDER MUNROE | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JERRY MURDOCK | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL MURRAY | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHANIE NAIDOFF | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANTON NEL | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $21,166 | $0 | $0 | |||
| JANET O'CONNOR | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PATRICIA PAPPER | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| FONDA PATERSON | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AARON PODHURST | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DANA POWELL | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANNE REYES | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN ROJAK | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $25,107 | $0 | $0 | |||
| ARLENE LIDSKY SALOMON | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DANNER SCHEFLER | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CARYN SCHEIDT | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JANE SHERMAN | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GILLIAN STEEL | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN STUCKY | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $22,116 | $0 | $0 | |||
| JOAQUIN VALDEPENAS | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $28,813 | $0 | $0 | |||
| NANCY WALL | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CARRIE WELLS | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NADINE ASIN | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $24,363 | $0 | $0 | |||
| STEFAN EDLIS | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NANETTE FINGER | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JANE FRAZER | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JONATHAN HAAS | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $25,213 | $0 | $0 | |||
| CORNELIA HEARD | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $30,019 | $0 | $0 | |||
| SYDNEY HODKINSON | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $20,861 | $0 | $0 | |||
| FRED KUCKER | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANTHONY MAZZA | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LAUREN SCHIFF | ||||||||
| TRUSTEE/FACULTY | 5.00 | Yes (X) | $20,062 | $0 | $0 | |||
| ALISON TEAL | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ALAN FLETCHER | ||||||||
| PRESIDENT/CEO | 40.00 | $452,834 | $0 | $25,692 | Yes (X) | |||
| JENNIFER B ELLIOT | ||||||||
| VP FINANCE/ADMIN | 40.00 | $206,702 | $0 | $19,453 | Yes (X) | |||
| ASADOUR SANTOURIAN | ||||||||
| VP ARTISTIC ADMIN. | 40.00 | $165,750 | $0 | $19,587 | Yes (X) | |||
| ALEX BROSE | ||||||||
| VP DEVELOPMENT | 40.00 | $152,830 | $0 | $7,659 | Yes (X) | |||
| DANIEL SONG | ||||||||
| VP AND GENERAL MANAGER | 40.00 | $145,122 | $0 | $7,039 | Yes (X) | |||
| LAURA SMITH | ||||||||
| DIRECTOR OF COMMUNICATIONS | 40.00 | $117,856 | $0 | $20,146 | Yes (X) | |||
| JENNIFER JOHNSTON | ||||||||
| VP & DEAN OF STUDENTS | 40.00 | $122,070 | $0 | $14,824 | Yes (X) | |||
| SCOTT CRAWFORD | ||||||||
| CONTROLLER | 40.00 | $107,733 | $0 | $18,675 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,893,929 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $133,075 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SHAW CONSTRUCTION LLC | |||||
| 760 HORIZON DRIVE | GRAND JUNCTION | CO | 81506 | GENERAL CONTRACTOR | $20,325,355 |
| SODEXO INC & AFFILIATES | |||||
| 9801 WASHINGTONIAN BLVD | GAITHERSBURG | MD | 20878 | FOOD SERVICES | $525,839 |
| HARRY TEAGUE ARCHITECTS | |||||
| 129 EMMA ROAD | BASALT | CO | 81621 | ARCHITECT | $383,504 |
| OPUS 3 ARTISTS | |||||
| 470 PARK AVENUE SOUTH | NEW YORK | NY | 10016 | ARTIST MANAGEMENT | $204,050 |
| THE WELLS PARTNERSHIP INC | |||||
| 7200 S ALTON WAY | CENTENNIAL | CO | 80112 | OWNER'S AGENT | $197,587 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $889,133 | FundraisingAmt |
| Government Grants | $144,940 | GovernmentGrantsAmt |
| All Other Contributions | $6,796,627 | AllOtherContributionsAmt |
| Total Contributions | $7,830,700 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| STUDENT FEES | 900099 | $3,904,415 | $3,904,415 | ||
| TICKET SALES | 900099 | $2,227,342 | $2,227,342 | ||
| PROGRAM ADVERTISING | 511120 | $299,291 | $299,291 | ||
| OUTREACH | 900099 | $120,268 | $120,268 | ||
| CONCESSIONS & TAPE SAL | 900099 | $21,855 | $21,855 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,573,171 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $843,058 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $26,850 | UnrelatedBusinessRevenueAmt |
| Exclusion | $816,208 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $166,380 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $166,380 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $166,380 | TotalRevenueColumnAmt |
| Exclusion | $166,380 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $14,542,655 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,373,557 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,169,098 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,169,098 | TotalRevenueColumnAmt |
| Exclusion | $3,169,098 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $140,415 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $889,133 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $297,087 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$156,672 | TotalRevenueColumnAmt |
| Exclusion | -$156,672 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $36,480 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $10,595 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,885 | TotalRevenueColumnAmt |
| Exclusion | $25,885 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| SPLIT INTEREST AGREEME | 900099 | $63,453 | $63,453 | |
| MISCELLANEOUS REVENUE | 900099 | $10,392 | $10,392 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $73,845 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,525,465 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,262,417 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $326,141 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,106,207 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,394,703 | TotalAmt |
| Program Services | $2,394,703 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,577,231 | TotalAmt |
| Program Services | $943,346 | ProgramServicesAmt |
| Management And General | $311,901 | ManagementAndGeneralAmt |
| Fundraising | $321,984 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,067,048 | TotalAmt |
| Program Services | $1,236,306 | ProgramServicesAmt |
| Management And General | $408,764 | ManagementAndGeneralAmt |
| Fundraising | $421,978 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,048 | TotalAmt |
| Program Services | $26,685 | ProgramServicesAmt |
| Management And General | $58,198 | ManagementAndGeneralAmt |
| Fundraising | $11,165 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $375,428 | TotalAmt |
| Program Services | $111,695 | ProgramServicesAmt |
| Management And General | $226,145 | ManagementAndGeneralAmt |
| Fundraising | $37,588 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,804 | TotalAmt |
| Program Services | $124,968 | ProgramServicesAmt |
| Management And General | $98,445 | ManagementAndGeneralAmt |
| Fundraising | $27,391 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,424 | TotalAmt |
| Management And General | $18,424 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,710 | TotalAmt |
| Management And General | $47,710 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,800 | TotalAmt |
| Management And General | $92,800 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $208,525 | TotalAmt |
| Program Services | $160,120 | ProgramServicesAmt |
| Management And General | $2,911 | ManagementAndGeneralAmt |
| Fundraising | $45,494 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $544,850 | TotalAmt |
| Management And General | $540,050 | ManagementAndGeneralAmt |
| Fundraising | $4,800 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $410,444 | TotalAmt |
| Program Services | $340,790 | ProgramServicesAmt |
| Management And General | $29,119 | ManagementAndGeneralAmt |
| Fundraising | $40,535 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $142,953 | TotalAmt |
| Program Services | $78,675 | ProgramServicesAmt |
| Management And General | $49,983 | ManagementAndGeneralAmt |
| Fundraising | $14,295 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $224,124 | TotalAmt |
| Program Services | $199,925 | ProgramServicesAmt |
| Management And General | $20,812 | ManagementAndGeneralAmt |
| Fundraising | $3,387 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $249,113 | TotalAmt |
| Program Services | $122,617 | ProgramServicesAmt |
| Management And General | $116,137 | ManagementAndGeneralAmt |
| Fundraising | $10,359 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $349,240 | TotalAmt |
| Program Services | $349,240 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,958,406 | TotalAmt |
| Program Services | $1,958,406 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,149 | TotalAmt |
| Program Services | $218,620 | ProgramServicesAmt |
| Management And General | $25,497 | ManagementAndGeneralAmt |
| Fundraising | $6,032 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| FACULTY EXPENSES | $2,333,846 | $2,333,846 |
| STUDENT ROOM & BOARD CO | $1,059,276 | $1,059,276 |
| GUEST ARTIST EXPENSES | $634,162 | $634,162 |
| RENTAL OF EQUIPMENT & V | $325,663 | $325,663 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,599,641 | TotalAmt |
| Program Services | $1,454,209 | ProgramServicesAmt |
| Management And General | $84,864 | ManagementAndGeneralAmt |
| Fundraising | $60,568 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,210,588 | TotalAmt |
| Program Services | $14,073,252 | ProgramServicesAmt |
| Management And General | $2,131,760 | ManagementAndGeneralAmt |
| Fundraising | $1,005,576 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,122,678 | BOYAmt |
| EOY | $1,183,778 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,057,335 | BOYAmt |
| EOY | $12,337,295 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $726,236 | BOYAmt |
| EOY | $158,184 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,611 | BOYAmt |
| EOY | $15,145 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $588,947 | BOYAmt |
| EOY | $161,857 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $49,491,794 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $22,488,895 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,322,317 | BOYAmt |
| EOY | $27,002,899 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,391,161 | BOYAmt |
| EOY | $31,917,141 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,358,271 | BOYAmt |
| EOY | $39,479,195 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,290,884 | BOYAmt |
| EOY | $1,114,360 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,866,440 | BOYAmt |
| EOY | $113,369,854 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,867,588 | BOYAmt |
| EOY | $717,982 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,531 | BOYAmt |
| EOY | $46,703 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,828,518 | BOYAmt |
| EOY | $14,545,813 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,558 | BOYAmt |
| EOY | $19,534 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,744,195 | BOYAmt |
| EOY | $15,330,032 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,440,712 | BOYAmt |
| EOY | $28,594,341 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,475,485 | BOYAmt |
| EOY | $29,605,866 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,206,048 | BOYAmt |
| EOY | $39,839,615 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $96,122,245 | BOYAmt |
| EOY | $98,039,822 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,866,440 | BOYAmt |
| EOY | $113,369,854 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,314,877 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $602,700 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,495,554 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,240,757 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,284,838 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,559,096 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,674,027 | CurrentTaxYearAmt |
| Total | $54,254,272 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,495,554 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,240,757 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,284,838 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,559,096 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,674,027 | CurrentTaxYearAmt |
| Total | $54,254,272 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $54,254,272 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,063,567 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,507,189 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $861,080 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,907,101 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,891,707 | CurrentTaxYearAmt |
| Total | $17,230,644 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | -$20,938 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$11,972 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | -$34,805 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,603 | CurrentTaxYearAmt |
| Total | -$57,112 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $580,999 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $523,260 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $590,870 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $367,270 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $500,688 | CurrentTaxYearAmt |
| Total | $2,563,087 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $73,990,891 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $28,208,715 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.73330 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE A, PART I | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II), BUT ALSO MEETS THE PUBLIC SUPPORT TEST FOR SCHEDULE B, SO IS IDENTIFIED AS A PUBLICLY SUPPORTED ORGANIZATION FOR PURPOSES OF SCHEDULE A. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $58,999,432 | BeginningYearBalanceAmt |
| Contributions | $1,637,689 | ContributionsAmt |
| Investment Earnings Or Losses | $4,532,009 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$1,276,752 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$1,244,192 | OtherExpendituresAmt |
| Administrative Expenses | -$91,898 | AdministrativeExpensesAmt |
| End Year Balance | $62,556,288 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $54,280,362 | BeginningYearBalanceAmt |
| Contributions | $1,220,163 | ContributionsAmt |
| Investment Earnings Or Losses | $6,072,387 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$1,216,257 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$1,245,802 | OtherExpendituresAmt |
| Administrative Expenses | -$111,421 | AdministrativeExpensesAmt |
| End Year Balance | $58,999,432 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,001,536 | BeginningYearBalanceAmt |
| Contributions | $1,143,952 | ContributionsAmt |
| Investment Earnings Or Losses | $7,791,989 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$1,231,432 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$1,311,273 | OtherExpendituresAmt |
| Administrative Expenses | -$114,410 | AdministrativeExpensesAmt |
| End Year Balance | $54,280,362 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $53,681,648 | BeginningYearBalanceAmt |
| Contributions | $272,780 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,522,658 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$1,086,294 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$1,217,617 | OtherExpendituresAmt |
| Administrative Expenses | -$126,323 | AdministrativeExpensesAmt |
| End Year Balance | $48,001,536 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $50,766,489 | BeginningYearBalanceAmt |
| Contributions | $326,127 | ContributionsAmt |
| Investment Earnings Or Losses | $5,201,692 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$1,169,645 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$1,322,143 | OtherExpendituresAmt |
| Administrative Expenses | -$120,872 | AdministrativeExpensesAmt |
| End Year Balance | $53,681,648 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.07350 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.59770 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.32880 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,600,000 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $349,265 | OtherCostOrOtherBasisAmt |
| Book Value | $1,949,265 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $650,000 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $36,306,248 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,722,154 | DepreciationAmt |
| Book Value | $18,234,094 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,132,006 | OtherCostOrOtherBasisAmt |
| Depreciation | $621,678 | DepreciationAmt |
| Book Value | $510,328 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,400,732 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,058,288 | DepreciationAmt |
| Book Value | $342,444 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,053,543 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,086,775 | DepreciationAmt |
| Book Value | $5,966,768 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $27,002,899 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| EQUITY INVESTMENT FUNDS | $20,313,456 | F |
| ABSOLUTE RETURN HEDGE FUNDS | $7,243,152 | F |
| EQUITY HEDGE FUNDS | $11,922,587 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $39,479,195 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ANNUITY OBLIGATIONS | Desc |
| Amt | $19,534 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $19,534 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $19,136,816 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $602,702 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $90,854 | OtherRevenueAmt |
| Revenue Not Reported | $693,556 | RevenueNotReportedAmt |
| Revenue Subtotal | $18,443,260 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $92,800 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$10,595 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $82,205 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $18,525,465 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $17,219,237 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $90,854 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $90,854 | ExpensesNotReportedAmt |
| Expenses Subtotal | $17,128,383 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $92,800 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$10,595 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $82,205 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $17,210,588 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE GOAL OF MAA'S ENDOWMENT IS TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF ENDOWMENT ASSETS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | INTERNALLY GENERATED REVENUE/EXPENSE |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | COST OF SALES |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | INTERNALLY GENERATED REVENUE/EXPENSE |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | COST OF SALES |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | 0 | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | ALL RECRUITING MATERIALS INCLUDE A STATEMENT OF OUR NON-DISCRIMINATION POLICY. WE SOLICIT STUDENTS INTERNATIONALLY, SO NEWSPAPERS OR BROADCAST MEDIA WOULD BE INEFFECTIVE. |
| SCHEDULE E, PART I, LINE 6 | MUSIC ASSOCIATES OF ASPEN, INC. RECEIVED CONTRIBUTIONS FROM THE FOLLOWING GOVERNMENTAL AGENCIES. CITY OF ASPEN - $85,000 STATE OF COLORADO - $49,190 NATIONAL ENDOWMENT FOR THE ARTS - $10,750 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | ENDOWMENT INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $13,079,682 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $13,079,682 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $13,079,682 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SEASON BENEFIT | NameOfEvent1Amt |
| Gross Receipts Event1 | $745,513 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $665,588 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $79,925 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $2,500 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $28,067 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $62,698 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $82,152 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | OPERA BENEFIT | NameOfEvent2Amt |
| Gross Receipts Event2 | $116,482 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $98,282 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $18,200 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $367 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $15,209 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $2,300 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $27,297 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $167,553 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $125,263 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $42,290 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $0 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $47,908 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $0 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $28,589 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $1,029,548 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $889,133 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $140,415 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $2,867 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $91,184 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $64,998 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $138,038 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $297,087 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$156,672 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|
| FELLOWSHIPS | 231 | $190,538 | $1,375,500 | FAIR MARKET VALUE | TUITION AND ROOM & BOARD |
| SCHOLARSHIPS | 207 | $0 | $704,835 | FAIR MARKET VALUE | TUITION AND ROOM & BOARD |
| WORK STUDY | 282 | $81,181 | $0 | ||
| DORM ASSISTANCE | 12 | $0 | $42,600 | FAIR MARKET VALUE | ROOM & BOARD |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | MAA MAINTAINS A DATABASE OF GRANT AWARDS TO ENSURE THAT THESE ARE APPROPRIATELY DISTRIBUTED. |
| FORM 990, SCHEDULE I, PART III | GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS IN THE U.S. THE MAJORITY OF MAA'S GRANTS ARE NON-CASH TUITION AND ROOM & BOARD FORGIVENESS FOR OUR PROGRAM ONLY. CASH AMOUNTS PAID TO STUDENTS DURING SUMMER TERM ARE TO OFFSET HOUSING AND OTHER EXPENSES. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALAN FLETCHER | ||||||||||||||
| PRESIDENT/CEO | $353,926 | $0 | $0 | $0 | $98,908 | $0 | $15,075 | $0 | $10,617 | $0 | $478,526 | $0 | $0 | $0 |
| JENNIFER B ELLIOT | ||||||||||||||
| VP FINANCE/ADMIN | $176,898 | $0 | $10,000 | $0 | $19,804 | $0 | $11,794 | $0 | $7,659 | $0 | $226,155 | $0 | $0 | $0 |
| ASADOUR SANTOURIAN | ||||||||||||||
| VP ARTISTIC ADMIN. | $142,750 | $0 | $0 | $0 | $23,000 | $0 | $9,930 | $0 | $9,657 | $0 | $185,337 | $0 | $0 | $0 |
| ALEX BROSE | ||||||||||||||
| VP DEVELOPMENT | $145,330 | $0 | $0 | $0 | $7,500 | $0 | $0 | $0 | $7,659 | $0 | $160,489 | $0 | $0 | $0 |
| DANIEL SONG | ||||||||||||||
| VP AND GENERAL MANAGER | $140,322 | $0 | $0 | $0 | $4,800 | $0 | $0 | $0 | $7,039 | $0 | $152,161 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CECFA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 840892767 | BondIssuerEIN |
| Bond Issued | 2012-08-15 | BondIssuedDt |
| Issue Price | $15,000,000 | IssuePriceAmt |
| Purpose | CONSTRUCTION OF NEW BUILDINGS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $14,545,813 | TotalProceedsAmt |
| Capital Expenditures | $14,545,813 | CapitalExpendituresAmt |
| Current Refunding | 0 | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990 SCHEDULE K | FormAndLineReferenceDesc |
| Explanation | IN AUGUST 2012, MAA SECURED A $15,000,000 TAX-EXEMPT DRAWDOWN LOAN FOR PURPOSES OF FINANCING THE CONSTRUCTION OF NEW BUILDINGS ON ITS CASTLE CREEK CAMPUS. AS OF SEPTEMBER 30, 2014, MAA HAD TAKEN DRAWS TOTALLING 14,545,813. | ExplanationTxt |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALEJANDRO VALDEPENAS | PersonNm |
| Relationship With Org | CHILD OF TRUSTEE | RelationshipWithOrgTxt |
| Cash Grant | $3,550 | CashGrantAmt |
| Type Of Assistance | TUITION FORGIVENESS | TypeOfAssistanceTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| RENATA ARADO | |||
| SPOUSE OF TRUSTEE | $22,851 | FACULTY COMPENSATION | 0 |
| VIRGINIA WECKSTROM | |||
| SPOUSE OF TRUSTEE | $25,703 | FACULTY COMPENSATION | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 27 | ContributionCnt |
| Noncash Contributions Rpt F990 | $423,743 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | GIFTS IN KIND | Desc |
| Contribution | 32 | ContributionCnt |
| Noncash Contributions Rpt F990 | $286,736 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | MAA UTILIZES A BROKER TO SELL CONTRIBUTED SECURITIES. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | FAMILY RELATIONSHIPS EXIST BETWEEN THE FOLLOWING SETS OF BOARD MEMBERS: (A) KAY BUCKSBAUM AND ANNE FRIEDMAN AND (B) SAM BROWN AND ALLISON TEAL. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE CORPORATION HAS VOTING AND NON-VOTING MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | PER THE BYLAWS OF MAA, VOTING MEMBERS OF THE CORPORATION APPROVE MEMBERS OF THE BOARD OF TRUSTEES AND THE MEMBERS OF THE CORPORATION IN ACCORDANCE WITH THE PROVISIONS OF THESE BYLAWS. |
| FORM 990, PART VI, SECTION A, LINE 7B | PER THE ARTICLES OF INCORPORATION OF MAA, VOTING MEMBERS MUST APPROVE THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, OF THE CORPORATIONS PROPERTY. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990, ALONG WITH ALL SUPPORTING SCHEDULES, IS MADE AVAILABLE TO THE BOARD OF TRUSTEES PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | UPON DISCOVERY, ALL CONFLICTS OF INTEREST, INCLUDING POTENTIAL CONFLICTS, ARE REPORTED TO THE EXECUTIVE COMMITTEE FOR APPROPRIATE RESOLUTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE ANNUALLY REVIEWS THE CEO COMPENSATION AND COMPARES THIS WITH OTHER SIMILAR POSITIONS AT SIMILAR INSTITUTIONS. THE COMMITTEE APPROVES CEO COMPENSATION AFTER ITS REVIEW. THE COMPENSATION COMMITTEE ANNUALLY REVIEWS COMPENSATION OF THE VP OF FINANCE AND ADMINISTRATION AND COMPARES THIS WITH OTHER SIMILAR POSITIONS AT SIMILAR INSTITUTIONS. THE COMMITTEE APPROVES CEO COMPENSATION AFTER ITS REVIEW. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. |
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