2014-01-24T07:41:39-06:00 2013-06-30 271895149 Heveron & Company CPAs 260 Plymouth Avenue South Rochester NY 14608 990 2012-07-01 160768758 The David Hochstein Memorial Music School Inc DAVI 5854544596 50 North Plymouth Avenue Rochester NY 14614 Margaret Quackenbush 5854544596 2014-01-17 1 Stephanie Annunziata P00195472 5852322956 2014-01-17 2012 2015-11-30 17:44:51Z Margaret Quackenbush 50 North Plymouth Avenue Rochester NY 14614 4574108 0 X www.hochstein.org X 1920 NY Provide music and dance education to nurture & encourage personal achievement. 29 29 170 147 4081 -36700 899089 634460 1715689 1754245 162870 386278 145352 114253 2923000 2889236 268855 241311 0 0 1864671 1899736 0 0 127317 744608 907395 2878134 3048442 44866 -159206 8388731 8293232 478904 475334 7909827 7817898 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 1910736 160352 1568375 Music and Dance: 2,867 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 673 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. 383407 80959 277913 Music Therapy: 1,252 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 therapy sessions and group therapy 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. 2294143 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 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 28 0 1 170 1 1 1 0 0 0 0 1 1 0 0 0 0 X 29 29 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 Betsy Archibald 0.50 X 0 0 0 Marc Baglin 0.50 X 0 0 0 Donna McIntosh 0.30 X 0 0 0 Robert B Calihan Esq 0.40 X 0 0 0 Sarah H Collins 0.70 X 0 0 0 Betsy T Friedman 1.40 X 0 0 0 Linda G Gillim 0.50 X 0 0 0 Peter Holloran 1.30 X 0 0 0 Teri Clement 0.40 X 0 0 0 Eric Logan 0.40 X 0 0 0 Maureen Rutecki 0.60 X 0 0 0 Peter Giopulos PhD 0.40 X 0 0 0 Chris Sardone 0.30 X 0 0 0 C Allan Reeve Esq 0.40 X X 0 0 0 Dr Marc Rossow 0.30 X 0 0 0 Jeffrey A Roloson AIA 0.20 X 0 0 0 Stephen Wershing 2.40 X 0 0 0 Judith Ricker 1.30 X X 0 0 0 Josephine E Whang 0.60 X 0 0 0 Katherine T Schumacher 0.70 X 0 0 0 Brian S Story 0.10 X 0 0 0 William F Sullivan 0.50 X 0 0 0 Jacqueline A Zuber 0.90 X X 0 0 0 Jim Agostinelli 0.10 X 0 0 0 Jeremy A Cooney Esq 0.30 X 0 0 0 Marilyn Merrigan 0.60 X 0 0 0 Anthony Piazza Esq 0.60 X X 0 0 0 Sid Sobel 0.40 X 0 0 0 Larry Schenck 0.40 X 0 0 0 Dr Margaret Quackenbush 40.00 X 110616 0 3483 110616 0 3483 1 0 0 0 Spoleta Construction Corp 7 Van Auker Street Rochester NY 14608 Construction 302581 1 15593 63881 18790 536196 34870 634460 Tuition and Registration 611600 1754245 1754245 1754245 111601 111601 106791 5476 0 0 106791 5476 112267 76906 4081 31280 1934477 1659800 274677 274677 274677 10101 63881 24748 -14647 -14647 1820 324 1496 1496 Other Income 611600 15137 15137 15137 2889236 1846288 4081 404407 241311 241311 111685 58076 36856 16753 1584649 1276984 227840 79825 48115 42957 4477 681 155287 122947 25608 6732 514 514 14975 14975 23352 23352 133233 83350 38349 11534 57003 55527 1476 74237 8636 60824 4777 8304 8304 292873 233110 56363 3400 24165 23036 1129 14947 14947 192326 164812 26051 1463 Recitals and Performanc 19388 19388 Bad Debt Expense 15087 15087 Educational Supplies 8908 8908 28083 10628 16779 676 3048442 2294143 626982 127317 119719 21170 114225 174990 213879 109383 96771 79445 637 637 33533 33165 7759248 3596140 4252405 4163108 3557562 3711334 8388731 8293232 53211 62268 45693 60566 380000 332500 0 20000 478904 475334 X 6345014 6302539 390387 329858 1174426 1185501 7909827 7817898 8388731 8293232 -159206 67277 0 X 0 1 X 1 0 X 851490 609411 526136 899089 634460 3520586 1813201 1801411 1826504 1716129 1756065 8913310 21518 35666 36640 26759 10101 130684 2686209 2446488 2389280 2641977 2400626 12564580 0 0 0 12564580 200018 179565 200474 210163 219787 1010007 10158 10158 200018 189723 200474 210163 219787 1020165 14913 7938 242385 30333 15137 310706 2901140 2644149 2832139 2882473 2635550 13895451 0.90420 0.90870 0.07340 0.06890 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 1250771 11075 168925 117924 22702 1290145 1263161 12491 43502 68383 1250771 1150740 11195 245167 143941 1263161 1140365 10375 1150740 1100660 39705 1140365 0.00000 0.91890 0.08110 0 0 495662 495662 6071823 2656337 3415486 580299 483588 96711 611464 456215 155249 4163108 Line of Credit 20000 20000 X 2900387 0 2900387 -11151 -11151 2889236 3059593 11151 11151 3048442 0 3048442 Description of Intended Use of Endowment Funds: 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. Description of Uncertain Tax Positions Under FIN 48: 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, 2010 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 -11,151. Part XII, Line 2d - Other Adjustments: Direct Fundraising Expenses 11,151. Through the Ages 40870 35200 5670 2276 10435 1642 Performathon 12289 12289 437 4354 1 11756 11756 159 2155 64915 59245 5670 2872 10435 8151 21458 -15788 1 Tuition assistance 1632 238761 Tuition Rates Reduced or free tuition. Scholarships 24 2550 Tuition Rates Reduced Tuition Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, 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 Musical instruments 21 30876 Opinions of experts X Gift Cards and Tickets 16 2201 Cost X Small furnitures & stuff 12 1793 Sale of comparable properties 0 1 0 Form 990, Part VI, Section B, line 11 The Form 990 will be reviewed by members of the Board's Finance/Audit Committee before filing. 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 2012-2013 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.