PRESENT MUSIC INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: PRESENT MUSIC INC (EIN 39-1438119)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-01-07
IRS object ID: 201400149349301115
Schema version: 2012v2.2
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 O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-01-07T11:07:41-00:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KRAUSE AND ASSOCIATES SC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1214 BRIDGE STREET	AddressLine1
City	GRAFTON	City
State	WI	State
ZIP Code	53024	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	391438119	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	PRESENT MUSIC INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	PRES	NameControl
Phone	4142710711	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	158 NORTH BROADWAY	AddressLine1
City	MILWAUKEE	City
State	WI	State
ZIP Code	53202	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	David Keen	Name
Title	Treasurer	Title
Date Signed	2014-01-07	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DAVID KRAUSE	Name
Phone	2623779988	Phone
Date Prepared	2014-01-07	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Lois Smith	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	158 N Broadway	AddressLine1
City	Milwaukee	City
State	WI	State
ZIP Code	53202	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	529531	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	www.presentmusic.org	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1982	YearFormation
State Legal Domicile	WI	StateLegalDomicile
Activity Or Mission Description	Present Music engages artists and audiences in imaginative and provocative experiences with new music through ensemble performance, education and commissioning.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	11	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	10	NbrIndependentVotingMembers
Total Nbr Employees	6	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	340094	ContributionsGrantsPriorYear
Contributions Grants Current Year	444688	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	85604	ProgramServiceRevenuePriorYear
Program Service Revenue CY	82947	ProgramServiceRevenueCY
Investment Income Prior Year	4294	InvestmentIncomePriorYear
Investment Income Current Year	1896	InvestmentIncomeCurrentYear
Other Revenue Prior Year	14743	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	444735	TotalRevenuePriorYear
Total Revenue Current Year	529531	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	203918	SalariesEtcPriorYear
Salaries Etc Current Year	187438	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	19504	TotalFundrsngExpCurrentYear
Other Expense Prior Year	319956	OtherExpensePriorYear
Other Expenses Current Year	304548	OtherExpensesCurrentYear
Total Expenses Prior Year	523874	TotalExpensesPriorYear
Total Expenses Current Year	491986	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-79139	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	37545	RevenuesLessExpensesCY
Total Assets BOY	210083	TotalAssetsBOY
Total Assets EOY	232590	TotalAssetsEOY
Total Liabilities BOY	28825	TotalLiabilitiesBOY
Total Liabilities EOY	10942	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	181258	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	221648	NetAssetsOrFundBalancesEOY
Mission Description	Present Music engages artists and audiences in imaginative and provacative experiences with new music through ensemble performance, education and commissioning.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	384779	Expense
Description	PRESENT MUSIC, INC. ENGAGES ARTISTS AND AUDIENCES IN IMAGINATIVE AND PROVACATIVE EXPERIENCES WITH NEW MUSIC THROUGH ENSEMBLE PERFORMANCE AND EDUCATION. EXPENSES FOR PERFORMING THE CONCERTS AT VARIOUS LOCATIONS INCLUDING SCHOOLS, COMMUNITY CENTERS AND OTHERS	Description
Total Program Service Expense	384779	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	true	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	66	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	6	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	11	NbrVotingGoverningBodyMembers
Number Independent Voting Members	10	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	WI	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Kevin Stahlheim	NamePerson
Telephone Number	4142710711	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	158 North Broadway	AddressLine1
City	Milwaukee	City
State	WI	State
ZIP Code	53202	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
LOIS SMITH
President	002.00	X	X	0	0	0
SALLY DUBACK
Vice President, Fund Dev	002.00	X		0	0	0
DAVID KEEN
Treasurer/Secretary	002.00	X	X	0	0	0
CLAUDIA EGAN
Vice President, Audience Dev	002.00	X	X	0	0	0
REED GROETHE
Director	002.00	X		0	0	0
GEORGE JACOBI
Director	002.00	X		0	0	0
KEVIN STAHLHEIM
Artistic Dir	040.00	X		62665	0	0
JONATHAN WINKLE
Director	002.00	X		0	0	0
CATHERINE GORDON
Director	002.00	X		0	0	0
RICHARD PIEPER
Director	002.00	X		0	0	0
ARTHUR LASKIN
Director	002.00	X		0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	62665	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Federated Campaigns	198325	FederatedCampaigns
All Other Contributions	246363	AllOtherContributions
Total Contributions	444688	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
CONCERT INCOME	711190	41497	41497
CONTRACT INCOME	711190	40469	40469
MISCELLANEOUS	900099	981	981

Field	Value	IRS element (for citing)
Total Program Service Revenue	82947	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	1896	TotalRevenueColumn
Exclusion	$1,896	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	529531	TotalRevenueColumn
Related Or Exempt Function Income	82947	RelatedOrExemptFunctionIncome
Exclusion	$1,896	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	62665	Total
Program Services	34466	ProgramServices
Management And General	23499	ManagementAndGeneral
Fundraising	4700	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	96832	Total
Program Services	53258	ProgramServices
Management And General	36312	ManagementAndGeneral
Fundraising	7262	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	11499	Total
Program Services	6325	ProgramServices
Management And General	4312	ManagementAndGeneral
Fundraising	862	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	16442	Total
Program Services	9043	ProgramServices
Management And General	6166	ManagementAndGeneral
Fundraising	1233	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	13525	Total
Program Services	8791	ProgramServices
Management And General	3381	ManagementAndGeneral
Fundraising	1353	Fundraising

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	40857	Total
Program Services	40857	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	17868	Total
Program Services	8650	ProgramServices
Management And General	5250	ManagementAndGeneral
Fundraising	3968	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	9938	Total
Program Services	4969	ProgramServices
Management And General	4969	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	8227	Total
Program Services	8227	ProgramServices

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1042	Total
Program Services	100	ProgramServices
Management And General	942	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	2518	Total
Program Services	1385	ProgramServices
Management And General	1007	ManagementAndGeneral
Fundraising	126	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
Musicians and outside artists fees	108647	108647
Special projects and commissions of new music	75336	75336
Production	19528	19528
Music purchase and rental	5197	5197

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	1865	Total
Management And General	1865	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	491986	Total
Program Services	384779	ProgramServices
Management And General	87703	ManagementAndGeneral
Fundraising	19504	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	73251	BOY
EOY	39388	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	82600	BOY
EOY	130673	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	2975	BOY
EOY	1051	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	6744	BOY
EOY	12408	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	6082	BOY
EOY	5789	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1003	BOY
EOY	1815	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	26374	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	25424	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1482	BOY
EOY	950	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	31998	BOY
EOY	36568	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	3948	BOY
EOY	3948	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	210083	BOY
EOY	232590	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	11203	BOY
EOY	10502	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	17622	BOY
EOY	440	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	28825	BOY
EOY	10942	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	115285	BOY
EOY	143851	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	33975	BOY
EOY	41229	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	31998	BOY
EOY	36568	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	181258	BOY
EOY	221648	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	210083	BOY
EOY	232590	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	37545	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	2845	ReconciliationUnrealizedInvest
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	331180	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	369341	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	398739	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	340094	CurrentTaxYearMinus1Year
Current Tax Year	444688	CurrentTaxYear
Total	1884042	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	331180	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	369341	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	398739	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	340094	CurrentTaxYearMinus1Year
Current Tax Year	444688	CurrentTaxYear
Total	1884042	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	108955	AmountsSubstContributorsTotal
Public Support Total170	1775087	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1749	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	415	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1090	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	4294	CurrentTaxYearMinus1Year
Current Tax Year	1896	CurrentTaxYear
Total	9444	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	4834	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	14743	CurrentTaxYearMinus1Year
Total	19577	Total

Field	Value	IRS element (for citing)
Total Support	1913063	TotalSupport
Gross Receipts From Admissions Etc	370989	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.92790	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.91330	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170
Public Support Percentage509	0.00000	PublicSupportPercentage509
Investment Income Percentage	0.00000	InvestmentIncomePercentage

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	31998	BeginningOfYearBalance
Investment Earnings Or Losses	4733	InvestmentEarningsOrLosses
Administrative Expenses	163	AdministrativeExpenses
End Of Year Balance	36568	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	32271	BeginningOfYearBalance
Investment Earnings Or Losses	-74	InvestmentEarningsOrLosses
Administrative Expenses	199	AdministrativeExpenses
End Of Year Balance	31998	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	26814	BeginningOfYearBalance
Investment Earnings Or Losses	5604	InvestmentEarningsOrLosses
Administrative Expenses	147	AdministrativeExpenses
End Of Year Balance	32271	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	23979	BeginningOfYearBalance
Investment Earnings Or Losses	2961	InvestmentEarningsOrLosses
Administrative Expenses	126	AdministrativeExpenses
End Of Year Balance	26814	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	28588	BeginningOfYearBalance
Investment Earnings Or Losses	-4469	InvestmentEarningsOrLosses
Administrative Expenses	140	AdministrativeExpenses
End Of Year Balance	23979	EndOfYearBalance

Field	Value	IRS element (for citing)
Permanent Endowment EOY Balance	1.00000	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	true	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	26374	OtherCostOrOtherBasis
Depreciation	25424	Depreciation
Book Value	950	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	950	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescription
Financial derivatives and other financial products
Closely-held equity interests

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
Description	ENDOWMENT FUND-BENFICIAL INTEREST	Description
Book Value	36568	BookValue
Method Of Valuation	F	MethodOfValuation

Field	Value	IRS element (for citing)
Total Of Book Value Program Related	36568	TotalOfBookValueProgramRelated

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	Federal income taxes	Description

Field	Value	IRS element (for citing)
Tot Revenue Etc Audited Fincl Stmt	532376	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	2845	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	2845	RevenueNotRptdF990
Revenue Subtotal	529531	RevenueSubtotal
Total Revenue Per Form990	529531	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	491986	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	491986	ExpensesSubtotal
Total Expenses Per Form990	491986	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

Field	Value	IRS element (for citing)
Identifier	V	Identifier
Return Reference	4	ReturnReference
Explanation	Endowment fund is in growth stage. Once the fund reaches its goal, earnings will be used to support operations.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

ExplanationExplanation
Form 990 Part VI Section B Line 11a A copy of IRS form 990 and applicable schedules is provided to the board of directors for review and approval prior to filing.
Form 990 Part VI Section B Line 12 The board of directors complete conflict of interest statements on an annual basis.
Form 990 Part VI Section B Line 15 Compensation is reviewed by the finance committee of the board of directors, with approval from the full board. Board members serve as volunteers and receive no compensation.
Form 990 Part VI Section C Line 19 990 is available upon request from the Present Music offices during normal business hours.