Executive Director

2013-05-10T10:02:33-05:00 2012-06-30 043339202 Kennedy Parker & Co 175 Derby Street Suite 19 Hingham MA 02043 990 2011-07-01 042443175 Brookline Music School Inc BROO 6172774593 25 Kennard Road Brookline MA 02445 John W Martin Executive Director 6172774593 2013-04-29 1 Allan D Parker III P01228360 7817409065 2011 2016-02-24 21:20:13Z John W Martin 25 Kennard Road Brookline MA 02445 1562345 0 X bmsmusic.org X 1924 MA Extensive program of music instruction for all ages, from infants to adults. 23 23 86 28 0 0 109634 104020 1309968 1408616 20312 20707 0 0 1439914 1533343 53735 59343 0 0 1210093 1268198 0 0 13489 247762 263537 1511590 1591078 -71676 -57735 1869920 1779377 313481 289998 1556439 1489379 X Brookline Music School seeks to awaken and nurture musical interest, appreciation and artistic excellence in a friendly and stimulating atmosphere; to offer a high standard of comprehensive music instruction to people of all ages and backgrounds from the local community; and to serve the community by teaching in municipal locations, offering generous tuition assistance, and sponsoring a full schedule of concerts and public performances throughout the year. 0 0 1014790 59343 1408616 Brookline Music School seeks to awaken and nurture musical interest, appreciation and artistic excellence in a friendly and stimulating atmosphere; to offer a high standard of comprehensive music instruction to people of all ages and backgrounds from the local community; and to serve the community by teaching in multiple locations; offering generous tuition assistance, and sponsoring a full schedule of concerts and public performances throughout the year. Approximately 1,200 clients served. 1014790 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 86 1 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X Vicky Lau 6172774593 25 Kennard Road Brookline MA 02445 X Bakalar Sandra Director 0.20 X 0 0 0 Beal George President, Director 3.00 X X 0 0 0 Chapman Katherine Director 0.30 X 0 0 0 Chope Douglas Director 0.20 X 0 0 0 Cohen Lawrence Director 0.20 X 0 0 0 Corcoran Thomas Director 0.20 X 0 0 0 Elmets Steven Director 0.20 X 0 0 0 Farber Charles Director 0.10 X 0 0 0 Fitzgibbons Janet Director 0.50 X 0 0 0 Frauenthal Betsy Director 0.10 X 0 0 0 Gass Richard Director 0.50 X 0 0 0 Hackett Victoria Treasurer, Director 2.00 X X 0 0 0 Laster Susan Director 0.30 X 0 0 0 Maheras Greg Director 0.50 X 0 0 0 Marston Helen Director 0.30 X 0 0 0 McNay Anne Vice-President, Director 2.00 X X 0 0 0 Pollak David Clerk, Director 2.00 X X 0 0 0 Roth Sally Director 1.00 X 0 0 0 Solomon Sam Director 0.50 X 0 0 0 Somer Rachel Director 0.50 X 0 0 0 Thorndike Anne Director 0.20 X 0 0 0 Underwood Patty Director 0.20 X 0 0 0 Martin John W Executive Director 40.00 X X 102276 0 10224 102276 0 10224 1 0 0 0 0 104020 104020 Tuition and fees 611600 1408616 1408616 1408616 21178 21178 28531 29002 -471 -471 -471 1533343 1408616 0 20707 59343 59343 161244 161244 903479 694521 208958 14049 7123 6926 110956 49189 61767 78470 51561 26909 13494 13494 16101 16101 8136 8136 13248 6504 6744 3640 3640 18778 12547 5766 465 4946 4946 89748 62824 24232 2692 Bank charges 25872 25872 Insurance 14992 7088 7904 Repairs and Maintenance 13359 10821 2137 401 Printing 7820 5474 782 1564 33403 25116 6664 1623 1591078 1014790 562799 13489 198677 121572 747671 714775 10484 5283 2732 2618 11716 20247 1369796 1202550 250944 167246 647696 747636 1869920 1779377 32841 30039 280640 259959 313481 289998 X 1413381 1346613 143058 142766 1556439 1489379 1869920 1779377 X -57735 -9325 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 991437 900875 90562 70512 25854 44658 157332 149032 8300 150515 126789 23726 167246 1533343 1591078 -57735 -9325 -9325 -67060 1464675 0 1464675 68668 68668 1533343 1531735 0 1531735 59343 59343 1591078 Description of Uncertain Tax Positions Under FIN 48: Part X: As of June 30, 2012, the School had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The School's Federal tax returns for the past three years are open and subject to examination by the IRS. For GAAP purposes, scholarship and financial aid, $59,343, is charged directly to revenue, as a reduction in Tuition and fees. For the 990 presentation the scholarship and financial aid is not reported against revenue but is listed as an expense. For GAAP purposes, unrealized losses, $9,325, reduce revenue but the 990 ignores this revenue reduction. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication Schedule E, Part I, Line 3 Brookline Music School works through and with the Town of Brookline,MA. The School publishes its non-discriminatory policy in all catalogs, brochures,and announcements. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 Received a Massachusetts Cultural Council grant of $14,100 (see Schedule B) 1 Tuition aid 38 32996 actual amount paid to teachers The students receive tuition assistance in the form of reduced tuition Discounts 290 26347 actual amount paid to teachers Discounts are granted for multiple children receiving lessons, Brookline Town employees and Senior Citizens. The discount reduces the amount of tuition that has to be paid. Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: School provides scholarship and tuition aid discounts to the students of the school. Part time employees are granted a 20% discount and full time employees a 40% discount. Vicky M Lau-Johnson Director of Finance 755 40% discount for all full time employees John Martin Executive Director 880 40% discount for all full time employees Form 990, Part VI, Section B, line 11 A draft is provided to the whole board and they are given 10 days to review and comment before the return is filed. Form 990, Part VI, Section B, line 12c Annually, during the audit process, each officer, director and key employees are required to respond to a direct written inquiry about such potential conflicts of interest in writting. Form 990, Part VI, Section C, line 18 Organization created in 1924 before a 1023 was in existence. Form 990, Part VI, Section C, line 19 The School does not make its governing documents or conflict of interest policy available to the public. The financial statements are available to anyone at the Massachusetts Attorney General's office. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -9,325. Audit Committee/Finance Committee 990, line 2c - Does the organization have a committee The Committee continues to review the audit process with the auditor and review the findings with the auditor.