2014-11-14T08:32:27-06:00 2014-06-30 271895149 Heveron & Company CPAs 260 Plymouth Avenue South Rochester NY 14608 990 2013-07-01 160768758 The David Hochstein Memorial Music School Inc DAVI 5854544596 50 North Plymouth Avenue Rochester NY 14614 Margaret Quackenbush President/ Exec Dir 5854544596 2014-11-03 1 Stephanie Annunziata P00195472 5852322956 2014-10-21 2013 2015-11-30 17:44:51Z Margaret Quackenbush 50 North Plymouth Avenue Rochester NY 14614 4296205 0 X www.hochstein.org X 1920 NY Provide music and dance education to nurture & encourage personal achievement. 30 30 164 111 8206 -17317 634460 917623 1754245 1771931 386278 360861 114253 117498 2889236 3167913 241311 328316 0 0 1899736 1911556 0 0 130682 907395 820976 3048442 3060848 -159206 107065 8293232 8623439 475334 412775 7817898 8210664 The David Hochstein Memorial Music School, Inc. provides our community with excellent music and dance education in an environment which nurtures and encourages personal achievement. 0 0 1814439 124117 1429264 Music and Dance: 2,828 students aged infants to senior citizens were served in 36-week school year and 6-week summer sessions, taking weekly individual lessons, musicianship and dance classes, vocal and instrumental ensembles (chamber music, choirs, bands, jazz combos, orchestras), to develop skills and knowledge in music and dance; this figure also includes 732 preschool and elementary age children who received ongoing musicianship training at their private schools, charter school, day care programs, etc. from Hochstein faculty members. Over 100 student performances were offered, nearly all of which were free to the public. This program is also supported by contributions. 528002 204199 428173 Expressive Arts: 1,339 clients were served throughout the 36-week school year and 6-week summer sessions; students from preschool to senior citizen ages participated in weekly individual music, dance, and/or art therapy sessions and/or group sessions, to develop cognitive, physical, social, and emotional skills contributing to their independence and quality of life. Many of the participants also perform in periodic concerts at Hochstein and in the community. This program is also supported by contributions. 2342441 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 24 0 1 164 1 1 1 0 0 0 0 1 1 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X The Organization 5854544596 50 North Plymouth Avenue Rochester NY 14614 Marc Baglin Member 0.50 X 0 0 0 Leslie Baker Member 0.50 X 0 0 0 David B Birken Member 0.50 X 0 0 0 Robert Calihan Member 0.50 X 0 0 0 Teri Clement Member 0.50 X 0 0 0 Sarah Collins Member 0.50 X 0 0 0 Jeremy A Cooney Member 0.50 X 0 0 0 Betsy Friedman Member 0.50 X 0 0 0 Peter Giopulos Member 0.50 X 0 0 0 Nan Hildebrandt Member 0.50 X 0 0 0 Peter Holloran Member 0.50 X 0 0 0 Mark Liu Member 0.50 X 0 0 0 Margaret Lindsey Member 0.50 X 0 0 0 Eric Logan Member 0.50 X 0 0 0 Donna McIntosh Member 0.50 X 0 0 0 Marilyn Merrigan Member 0.50 X 0 0 0 Anthony Piazza Vice-Chair 0.50 X X 0 0 0 C Allen Reeve Chair 0.50 X X 0 0 0 Judith Ricker Secretary 0.50 X X 0 0 0 Jeff Roloson Member 0.50 X 0 0 0 Rachel Rosen Member 0.50 X 0 0 0 Marc Rossow Member 0.50 X 0 0 0 Maureen Rutecki Treasurer (09/2013 - 6/30/14) 0.50 X X 0 0 0 Christopher Sardone Member 0.50 X 0 0 0 Susan J Scanlon Esq Member 0.50 X 0 0 0 Lawrence Schenck Member 0.50 X 0 0 0 Katherine Schumacher Member 0.50 X 0 0 0 Sidney Sobel Member 0.50 X 0 0 0 Stephen Wershing Member 0.50 X 0 0 0 Josephine Whang Member 0.50 X 0 0 0 Jacqueline Zuber Treasurer (07/2013 - 09/2013) 0.50 X X 0 0 0 Dr Margaret Quackenbush President/Executive Director 40.00 X 111082 0 3661 111082 0 3661 1 0 0 0 0 17129 62448 17500 820546 36559 917623 Tuition and Registration 611600 1771931 1771931 1771931 130691 130691 107975 5570 0 0 107975 5570 113545 74409 8206 30930 1339013 1108843 230170 230170 230170 11779 62448 18923 -7144 -7144 741 526 215 215 Other Income 611600 10882 10882 10882 3167913 1857437 8206 384647 328316 328316 111864 67118 22373 22373 1593942 1271671 246076 76195 53441 42825 6206 4410 152309 117508 26562 8239 1406 1406 15400 15400 19902 19902 75749 46716 25664 3369 46951 45158 1793 70307 6263 60342 3702 3652 3652 275150 220664 51449 3037 10899 7693 3206 13101 13101 191640 163747 26410 1483 Educational Supplies 45273 45273 Bad Debt Expense 13050 13050 Recitals and Performanc 6280 6280 32216 18367 7768 6081 3060848 2342441 587725 130682 21170 91905 174990 128068 109383 132756 79445 117884 637 637 33165 36587 7817369 3787780 4163108 4029589 3711334 4086013 8293232 8623439 62268 98064 60566 29711 332500 285000 20000 0 475334 412775 X 6302539 6543974 329858 449989 1185501 1216701 7817898 8210664 8293232 8623439 107065 285701 0 X 0 1 X 1 0 X 609411 526136 899089 634460 917623 3586719 1801411 1826504 1716129 1756065 1772672 8872781 35666 36640 26759 10101 11779 120945 2446488 2389280 2641977 2400626 2702074 12580445 0 0 0 12580445 179565 200474 210163 219787 236030 1046019 10158 10158 189723 200474 210163 219787 236030 1056177 7938 242385 30333 15137 10882 306675 2644149 2832139 2882473 2635550 2948986 13943297 0.90230 0.90420 0.07570 0.07340 X Schedule A, Part II, Line 12, Explanation of Other Income: Ticket Sales Bad Debt Recovery Other Income from Related Activities RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1290145 31200 228693 98864 10890 1440284 1250771 11075 168925 117924 22702 1290145 1263161 12491 43502 68383 1250771 1150740 11195 245167 143941 1263161 1140365 10375 1150740 0.84480 0.15520 0 0 495662 495662 6107726 2808143 3299583 599499 507568 91931 614482 472069 142413 4029589 X 3462574 285702 3125 288827 3173747 -5834 -5834 3167913 3069807 3125 5834 8959 3060848 0 3060848 Part V, Line 4: The endowment fund is to support the current operating budget of Hochstein by releasing a sustainable supplemental flow of income and appreciation to be used for the general purposes of the School, to provide for the long term growth of the principal of the invested funds, and to provide a reserve of last resort for the School. Part X, Line 2: Accounting standards require entities to disclose in their financial statements the nature of any uncertain tax positions. Tax years including the year ended June 30, 2011 and later are subject to examination by tax authorities. Areas that IRS and state tax authorities consider when examining tax returns of a charity include, but may not be limited to, tax-exempt status and the existence and amount of unrelated business income. The Organization does not believe that it has any uncertain tax positions with respect to these or other matters, and has not recorded any unrecognized tax benefits or liability for penalties or interest. The Organization is not aware of any circumstances or events that make it reasonably possible that tax benefits may increase or decrease within 12 months of the date of these financial statements. Part XI, Line 4b - Other Adjustments: Direct Fundraising Expenses -5,834. Part XII, Line 2d - Other Adjustments: Direct Fundraising Expenses 5,834. Through the Ages 53804 44684 9120 10613 1065 Hochstein 5k 7353 7353 277 46 773 516 61157 52037 9120 10890 46 773 1581 13290 -4170 1 Tuition assistance 1666 328316 Tuition Rates Reduced or free tuition. Part I, Line 2: Tuition assistance awards to individuals and families who participate in our programs are made on the basis of required documentation, guidelines and sliding fee scales established by the School's administration; requests for assistance beyond the established guidelines are reviewed by the President & Executive Director, who makes final decisions. X 2 1412 Fair Market Value X Musical instr 15 32120 Opinions of experts X Small furnitu 14 2414 Estimate X Office suppli 5 613 Fair Market Value 0 1 0 Form 990, Part VI, Section B, line 11 The Form 990 will be reviewed by the Finance/Audit Committee before filing. All members of the Board of Directors will also receive the Form 990 to review before filing as well. Form 990, Part VI, Section B, line 12c Conflict of interest disclosure statements are completed annually by Board members and by the School's senior staff; they are reviewed by the School's President and the Board Chair. Individual statements are updated if a Board member/Board member's firm has been contracted by the School for compensated services. In 2013-2014 we had no such contracts with Board members or firms in which Board members had an interest. Annually, Board members are reminded to provide to the School's President any changes in their affiliations that may result in a conflict of interest. If a potential conflict is identified, the nature of the potential conflict is explored to determine whether a conflict of interest that has bearing on decisions made and/or funds expended. If the School considers contracting with a Board member/a Board member's firm, the Board member is required to abstain from any committee or full Board deliberation and approval process. Form 990, Part VI, Section B, line 15a Compensation is approved via the budgeting process and increases, if any, are based on cost of living and other resources. The organization is currently looking into a more detailed process for this approval. There are no other key employees compensated. Form 990, Part VI, Section C, line 19 All governing documents, conflict of interest policy, and financial statements are available upon request. Summary information about the School's financial position, members of the public served, and other accomplishments are published in an annual report, available in print on request as well as on the School's website.