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      <AccountsPayableAccruedExpenses>
        <BOY>10741</BOY>
        <EOY>11203</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>4795</BOY>
        <EOY>17622</EOY>
      </DeferredRevenue>
      <TotalLiabilities>
        <BOY>15536</BOY>
        <EOY>28825</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>103435</BOY>
        <EOY>115285</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>129047</BOY>
        <EOY>33975</EOY>
      </TemporarilyRestrictedNetAssets>
      <PermanentlyRestrictedNetAssets>
        <BOY>32271</BOY>
        <EOY>31998</EOY>
      </PermanentlyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>264753</BOY>
        <EOY>181258</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>280289</BOY>
        <EOY>210083</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>-79139</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>-4356</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="990A" softwareId="11000218" softwareVersion="2011.0.0">
      <PubliclySupportedOrg170b1Avi>X</PubliclySupportedOrg170b1Avi>
      <GiftsGrantsContribReceived170>
        <CurrentTaxYearMinus4Years>315034</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>331180</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>369341</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>398739</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>340094</CurrentTaxYear>
        <Total>1754388</Total>
      </GiftsGrantsContribReceived170>
      <Total170>
        <CurrentTaxYearMinus4Years>315034</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>331180</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>369341</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>398739</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>340094</CurrentTaxYear>
        <Total>1754388</Total>
      </Total170>
      <AmountsSubstContributorsTotal>125628</AmountsSubstContributorsTotal>
      <PublicSupportTotal170>1628760</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <CurrentTaxYearMinus4Years>1904</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>1749</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>415</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>1090</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>4294</CurrentTaxYear>
        <Total>9452</Total>
      </GrossInvestmentIncome170>
      <OtherIncome170>
        <CurrentTaxYearMinus1Year>4834</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>14743</CurrentTaxYear>
        <Total>19577</Total>
      </OtherIncome170>
      <TotalSupport>1783417</TotalSupport>
      <GrossReceiptsFromAdmissionsEtc>362166</GrossReceiptsFromAdmissionsEtc>
      <PublicSupportPertcentage170>0.91330</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.90430</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
      <PublicSupportPercentage509>0.00000</PublicSupportPercentage509>
      <InvestmentIncomePercentage>0.00000</InvestmentIncomePercentage>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="990B" softwareId="11000218" softwareVersion="2011.0.0">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="990D" softwareId="11000218" softwareVersion="2011.0.0">
      <IncludedOnFS>false</IncludedOnFS>
      <CurrentYear>
        <BeginningOfYearBalance>32271</BeginningOfYearBalance>
        <InvestmentEarningsOrLosses>-74</InvestmentEarningsOrLosses>
        <AdministrativeExpenses>199</AdministrativeExpenses>
        <EndOfYearBalance>31998</EndOfYearBalance>
      </CurrentYear>
      <CurrentYearMinus1Year>
        <BeginningOfYearBalance>26814</BeginningOfYearBalance>
        <InvestmentEarningsOrLosses>5604</InvestmentEarningsOrLosses>
        <AdministrativeExpenses>147</AdministrativeExpenses>
        <EndOfYearBalance>32271</EndOfYearBalance>
      </CurrentYearMinus1Year>
      <CurrentYearMinus2Years>
        <BeginningOfYearBalance>23979</BeginningOfYearBalance>
        <InvestmentEarningsOrLosses>2961</InvestmentEarningsOrLosses>
        <AdministrativeExpenses>126</AdministrativeExpenses>
        <EndOfYearBalance>26814</EndOfYearBalance>
      </CurrentYearMinus2Years>
      <CurrentYearMinus3Years>
        <BeginningOfYearBalance>28588</BeginningOfYearBalance>
        <InvestmentEarningsOrLosses>-4469</InvestmentEarningsOrLosses>
        <AdministrativeExpenses>140</AdministrativeExpenses>
        <EndOfYearBalance>23979</EndOfYearBalance>
      </CurrentYearMinus3Years>
      <PermanentEndowmentEOYBalance>1.00000</PermanentEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>true</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <Equipment>
        <OtherCostOrOtherBasis>25864</OtherCostOrOtherBasis>
        <Depreciation>24382</Depreciation>
        <BookValue>1482</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>1482</TotalOfBookValueLandBuildings>
      <InvestmentsProgramRelated>
        <Description>ENDOWMENT FUND-BENFICIAL INTEREST</Description>
        <BookValue>31998</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <TotalOfBookValueProgramRelated>31998</TotalOfBookValueProgramRelated>
      <TotalRevenue>444735</TotalRevenue>
      <TotalExpenses>523874</TotalExpenses>
      <ExcessOrDeficitForYear>-79139</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>-4356</NetUnrealizedGLOnInvestments>
      <TotalAdjustments>-4356</TotalAdjustments>
      <ExcessOrDeficitPerFS>-83495</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>440379</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>-4356</NetUnrealizedGainsInvestments>
      <RevenueNotRptdF990>-4356</RevenueNotRptdF990>
      <RevenueSubtotal>444735</RevenueSubtotal>
      <TotalRevenuePerForm990>444735</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>523874</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>523874</ExpensesSubtotal>
      <TotalExpensesPerForm990>523874</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="990O" softwareId="11000218" softwareVersion="2011.0.0">
      <GeneralExplanation>
        <Identifier>Form 990 Part XI</Identifier>
        <ReturnReference>5</ReturnReference>
        <Explanation>Unrealized loss on investments - 4,356</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>11a</ReturnReference>
        <Explanation>A copy of IRS form 990 and applicable schedules is provided to the board of directors for review and approval prior to filing.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>12</ReturnReference>
        <Explanation>The Board of Directors complete conflict of interest statements on an annual basis.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>15</ReturnReference>
        <Explanation>Compensation is reviewed by the finance committee of the Board of Directors, withapproval from the full board. Board members serve as volunteers and receive no compensation.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>19</ReturnReference>
        <Explanation>990 is available upon request from the Present Music offices during regular business hours.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990 Part XI Line 5 Unrealized loss on investments - 4,356 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, withapproval 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 regular business hours.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>