2013-01-18T08:11:01-06:00 2012-06-30 390747409 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR RD SUITE 302 MILWAUKEE WI 532263255 990 2011-07-01 390973594 MILWAUKEE YOUTH SYMPHONY ORCHESTRA INC MILW 4142672950 325 W WALNUT ST MILWAUKEE WI 53212 PATRICK RATH 4142672950 2013-01-17 1 PATRICK HOFFERT P00979243 4142717800 2013-01-17 2011 2016-03-07 17:11:31Z PATRICK RATH 325 N WALNUT STREET MILWAUKEE WI 53212 4417952 0 X WWW.MYSO.ORG X 1956 WI TO OFFER THE HIGHEST LEVEL OF TRAINING IN ENSEMBLE MUSICIANSHIP TO MOTIVATED YOUNG PEOPLE FROM DIVERSE BACKGROUNDS IN SOUTHEASTERN WISCONSIN 37 37 55 600 0 0 1247029 1233327 467361 469980 333381 169274 5608 8011 2053379 1880592 166538 195025 0 0 785387 848326 0 0 104833 434919 471606 1386844 1514957 666535 365635 5804742 6315997 200779 457337 5603963 5858660 TO OFFER THE HIGHEST LEVEL OF TRAINING IN ENSEMBLE MUSICANSHIP TO MOTIVATED YOUNG PEOPLE FROM DIVERSE BACKGROUNDS IN SOUTHEASTERN WISCONSIN. 0 0 195025 195025 SCHOLARSHIP ASSISTANCE IS AWARDED TO MYSO MEMBERS BASED ON FINANCIAL NEED. 1147175 477991 REHEARSALS, TRAINING, MASTER CLASSES AND OTHER ENRICHMENT OPPORTUNITIES HELD ON A REGULAR (GENERALLY WEEKLY) BASIS DURING THE SCHOOL YEAR TO TRAIN YOUNG MUSICIANS IN THE AREAS OF CLASSICAL AND JAZZ MUSIC 1342200 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 34 0 1 55 1 0 0 0 0 0 0 0 0 0 0 X 37 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 WI X X KIM JANKOWIAK 4142672950 325 W WALNUT ST MILWAUKEE WI 53212 SUSAN WERNECKE 15.00 X X 0 0 0 PATRICIA ELLIS 5.00 X X 0 0 0 MICHAEL FISCHER 7.00 X X 0 0 0 HAVARIAN RAASCH-HOOTEN 5.00 X X 0 0 0 CRISTINA HERNANDEZ 3.00 X 0 0 0 DANIEL BRUSKIEWITZ 5.00 X X 0 0 0 AMY JENSEN 3.00 X 0 0 0 MICHAEL LINLEY 5.00 X X 0 0 0 JOYCE ALTMAN 3.00 X 0 0 0 MYRA EDWARDS 3.00 X 0 0 0 DEBORAH ASHTON 3.00 X 0 0 0 DAVID DEBRUIN 3.00 X 0 0 0 THOMAS ELLIS 3.00 X 0 0 0 TERESE EINHORN 3.00 X 0 0 0 LAWRENCE HAMMOND 3.00 X 0 0 0 PATTY HANZ 3.00 X 0 0 0 MICHAEL JORDAN 3.00 X 0 0 0 MARLENE LAUWASSER 3.00 X 0 0 0 DANIELLE MACHATA 3.00 X 0 0 0 RHONDA MATTHEWS 3.00 X 0 0 0 JENNIFER MATTES 3.00 X 0 0 0 BILL MORTIMORE 3.00 X 0 0 0 JAMSHED PATEL 3.00 X 0 0 0 CRAIG PEOTTER 5.00 X X 0 0 0 RIP PRETAT 3.00 X 0 0 0 PATRICK RATH 15.00 X X 0 0 0 GREGORY SCHMIDT 3.00 X 0 0 0 SUSA SIY 3.00 X 0 0 0 MICHAEL VAN HANDEL 3.00 X X 0 0 0 WESLEY VAN LINDA 3.00 X 0 0 0 ELLA WASHINGTON 3.00 X 0 0 0 ANNE ZIZZO 3.00 X 0 0 0 ROBERT CHOU 3.00 X 0 0 0 MIKE HALFENGER 3.00 X 0 0 0 MATT SAUER 3.00 X 0 0 0 JOHN PIENKOS 3.00 X 0 0 0 KENT TESS-MATTNER 3.00 X 0 0 0 FRAN RICHMAN 40.00 X 142010 0 25581 142010 0 25581 1 0 1 0 0 81389 1151938 3968 1233327 REGISTRATION FEES 711130 415294 415294 SPECIAL EVENTS - TICKE 711130 49586 49586 PERFORMANCE FEE INCOME 711130 5100 5100 469980 142795 142795 1280 0 1280 1280 1280 2563839 2537360 26479 26479 26479 STUDY CDS/TAPES 900099 5570 5570 LOGO ITEM REVENUE 900099 1161 1161 6731 1880592 477991 0 169274 195025 195025 167591 152312 7815 7464 579666 521184 25894 32588 6945 6945 36987 31055 1817 4115 57137 51611 2519 3007 5900 5251 590 59 83516 36948 800 45768 11702 11166 536 61856 52656 3026 6174 215481 193151 19144 3186 13389 13227 18 144 6454 2410 2592 1452 4117 3555 522 40 14376 12881 1350 145 BANK FEES 21184 19456 1728 STUDENT ENRICHMENT 13717 13717 AUDITIONS EXPENSE 5526 5526 CD PRODUCTION 4899 4899 9489 9225 109 155 1514957 1342200 67924 104833 118217 118361 542729 542606 40140 44482 38843 538401 124478 39886 79709 84592 4366855 4606704 593585 364660 24664 16191 5804742 6315997 36003 25971 164776 431366 200779 457337 X 2223873 2233968 3034954 3279556 345136 345136 5603963 5858660 5804742 6315997 X 365635 -110938 X X 0 1 1 X 0 X 1405970 845426 887377 1247029 1233326 5619128 1405970 845426 887377 1247029 1233326 5619128 1924343 3694785 189992 163341 158538 164557 142792 819220 9609 7803 7032 4218 6731 35393 6473741 1979148 0.57070 0.59220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 345136 345136 345136 345136 345136 345136 345136 345136 1.00000 0 0 124478 39886 84592 84592 CERTIFICATE OF DEPOSIT 15156 F JP MORGAN POOLED MONEY MARKET FUNDS 349504 F 364660 1880592 1514957 365635 -110938 -110938 254697 1769654 -110938 -110938 1880592 0 1880592 1514957 0 1514957 0 1514957 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: FINANCIAL ASSISTANCE FOR STUDENTS OF MYSO DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MYSO IS QUALIFIED AS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE. MYSO, AS A NOT-FOR-PROFIT ORGANIZATION, IS EXEMPT FROM STATE AND LOCAL INCOME TAXES AND HAS BEEN CLASSIFIED AS A PUBLICLY-SUPPORTED CHARITABLE ORGANIZATION UNDER SECTION 509(A)(1) OF THE CODE AND QUALIFIES FOR THE MAXIMUM CHARITABLE CONTRIBUTION DEDUCTION FOR DONORS. EFFECTIVE JULY 1, 2009, MYSO HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THIS STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURES REQUIRED. MYSO RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE. MYSO IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS FOR YEARS ENDING BEFORE JUNE 30, 2009. MYSO IS NO LONGER SUBJECT TO WISCONSIN INCOME TAX EXAMINATIONS FOR YEARS ENDING BEFORE JUNE 30, 2008. 1 TUITION ASSISTANCE AND PRIVATE LESSON/ENSEMBLE SCHOLARSHIPS 446 195025 FMV PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: A SCHOLARSHIP COMMITTEE DETERMINES AWARD RECIPIENTS BASED ON VARIOUS ELIGIBILITY REQUIREMENTS. THE SCHOLARSHIPS ARE DIRECTLY APPLIED TO OFFSET TUITION, SPECIALIZED ENSEMBLE COACHING AND PRIVATE LESSON COSTS AND ARE MONITORED BY THE ORGANIZATION'S ACCOUNTANT X X X 0 0 0 0 0 0 0 0 0 FRAN RICHMAN 142010 0 0 0 0 0 5930 0 19651 0 167591 0 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED AND APPROVED BY THE MYSO PERSONNEL COMMITTEE. COMPENSATION IS BASED ON A NUMBER OF FACTORS, INCLUDING A NATIONAL SURVEY OF COMPENSATION AND BENEFITS PREPARED BY THE LEAGUE OF AMERICAN ORCHESTRAS AND INFORMAL SURVEYS REFLECTING THE COMPENSATION OF ARTS DIRECTORS IN THE GREATER MILWAUKEE AREA, COMBINED WITH A COST OF LIVING INCREASE BASED ON PRIOR YEAR EARNINGS. A DISCRETIONARY, MERIT-BASED BONUS IS ALSO DETERMINED BY THE COMMITTEE AT THAT TIME. THE EXECUTIVE DIRECTOR IS ENTITLED TO THE SAME BENEFIT PACKAGE AS ALL OTHER EMPLOYEES. RICHMAN NONPROFIT STRATEGIES LLC OWNER IS THE HUSBAND OF THE EXECUTIVE DIRECTOR AND A FORMER BOARD MEMBER 45688 CONSULTING 0 FORM 990, PART VI, SECTION B, LINE 11 MILWAUKEE YOUTH SYMPHONY ORCHESTRA, INC.'S FEDERAL FORM 990 WAS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM HIRED BY THE ORGANIZATION. ONCE THE CERTIFIED PUBLIC ACCOUNTING FIRM HAD COMPLETED WITH THE 990 THEY GAVE THE 990 TO THE MANAGEMENT AND GOVERNING BODY OF MYSO FOR REVIEW. ANY CORRECTIONS THAT WERE BROUGHT UP WERE CORRECTED BY THE CERTIFIED PUBLIC ACCOUNTING FIRM AND THE PROCESS IS REPEATED UNTIL BOTH THE MANAGEMENT AND THE GOVERNING BODY OF MYSO FULLY APPROVE OF THE 990. THE FORM IS THEN SIGNED AND SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST SUBMIT WRITTEN CONFLICT OF INTEREST STATEMENTS EACH FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 A COMMITTEE OF THE GOVERNING BOARD IS CHARGED WITH THE RESPONSIBILITY OF ANALYZING COMPARABLE DATA TO MAKE SURE THE COMPENSATION OF THE ORGANIZATION'S KEY OFFICERS AND KEY EMPLOYEES IS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 18 MILWAUKEE YOUTH SYMPHONY ORCHESTRA, INC. MAKES ITS FEDERAL TAX DOCUMENTS AVAILABLE UPON REQUEST AND THROUGH THE WEBSITE OF ANOTHER ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 MILWAUKEE YOUTH SYMPHONY ORCHESTRA, INC. MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. MILWAUKEE YOUTH SYMPHONY ORCHESTRA, INC. MAKES ITS FINANCIAL STATEMENTS AVAILABLE BY REQUEST AND THROUGH THE WEBSITE OF ANOTHER ORGANIZATION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -110,938. NO CHANGE IN OVERSIGHT OR ELECTION PROCESS FROM PRIOR YEAR MILWAUKEE YOUTH ARTS CENTER 325 WEST WALNUT STREET MILWAUKEE WI 532123868 113665475 PERMORMING ARTS EDUCATION AND REHEARSAL FACILITY WI 501(C)3 PUBLIC CHARITY N/A 0 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 MILWAUKEE YOUTH ARTS CENTER J 191496 FMV