2013-01-30T13:33:54-06:00 2012-06-30 271895149 Heveron & Heveron CPAs 260 Plymouth Avenue South Rochester NY 14608 990 2011-07-01 160768758 The David Hochstein Memorial Music School Inc DAVI 5854544596 50 North Plymouth Avenue Rochester NY 14614 Margaret Quackenbush 5854544596 2012-12-18 1 Stephanie Annunziata P00195472 5852322956 2011 2016-02-25 16:41:14Z Margaret Quackenbush 50 North Plymouth Avenue Rochester NY 14614 4314248 0 X www.hochstein.org X 1920 NY Provide music and dance education to nurture & encourage personal achievement. 29 29 172 91 8101 -19944 526136 899089 1825781 1715689 434305 162870 371127 145352 3157349 2923000 269245 268855 0 0 1845755 1864671 0 0 111337 836544 744608 2951544 2878134 205805 44866 8545933 8388731 578608 478904 7967325 7909827 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 1862265 180723 1563302 Music and Dance: Students aged infants to senior citizens participated in 2,091 units of activity during the 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. Over 100 student performances were offered, free to the public. 724 preschool and elementary age children also received ongoing musicianship training at their private schools, charter school, day care programs, etc. from Hochstein faculty members. 383792 88132 238481 Music Therapy: 1,822 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. 2246057 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 1 0 0 0 0 0 0 0 0 1 28 0 1 172 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 1 0 NY X X The Organization 5854544596 50 North Plymouth Avenue Rochester NY 14614 Betsy Archibald 0.70 X 0 0 0 Marc Baglin 0.30 X 0 0 0 Todd D Butler 0.50 X 0 0 0 Robert B Calihan Esq 0.10 X 0 0 0 Sarah H Collins 0.20 X 0 0 0 Betsy T Friedman 0.30 X 0 0 0 Linda G Gillim 0.50 X 0 0 0 Peter Holloran 0.60 X 0 0 0 Teri Clement 0.50 X 0 0 0 David Lane 0.60 X 0 0 0 William J Lewandowski Esq 0.30 X 0 0 0 Peter Giopulos PhD 0.20 X 0 0 0 Amy Navor 0.30 X 0 0 0 C Allan Reeve Esq 0.60 X X 0 0 0 Dr Marc Rossow 0.20 X 0 0 0 Jeffrey A Roloson AIA 0.30 X 0 0 0 Stephen Wershing 0.10 X 0 0 0 Susan J Scanlon Esq 0.60 X X 0 0 0 Josephine E Whang 0.40 X 0 0 0 Katherine T Schumacher 0.60 X 0 0 0 Brian S Story 0.20 X 0 0 0 William F Sullivan 0.10 X 0 0 0 Ann Thomas 1.90 X X 0 0 0 Jacqueline A Zuber 1.00 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 0.20 X 0 0 0 Anthony Piazza Esq 0.30 X 0 0 0 Donna Ferrara 0.60 X 0 0 0 Dr Margaret Quackenbush 40.00 X 108795 0 3084 108795 0 3084 1 0 0 0 Spoleta Construction Corp 7 Van Auker Street Rochester NY 14608 Construction 267635 1 17352 33147 271450 577140 31828 899089 Tuition and Registrati 611600 1715689 1715689 1715689 98117 98117 111701 8446 0 0 111701 8446 120147 77458 8101 34588 1423674 1358921 64753 64753 64753 26759 33147 31951 -5192 -5192 440 376 64 64 Other Income 611600 30333 8636 21697 30333 2923000 1801783 8101 214027 268855 268855 111286 57869 36724 16693 1556450 1286963 201709 67778 40850 33994 5140 1716 156085 124166 24318 7601 3852 3852 11669 11669 72219 29125 43094 26700 26700 75471 9089 61207 5175 3955 3955 272038 224618 43953 3467 27191 22908 4283 16746 16746 185349 159400 24569 1380 Educational Supplies 13684 13684 Bad Debt Expense 11839 11839 Recitals and Performanc 9859 9859 Honors Certificate Prog 2520 2520 11516 3007 982 7527 2878134 2246057 520740 111337 231737 119719 15755 114225 370717 213879 101516 96771 637 637 31516 33533 7656219 3403814 4089769 4252405 3704286 3557562 8545933 8388731 124618 53211 26490 45693 427500 380000 578608 478904 X 6341812 6345014 463578 390387 1161935 1174426 7967325 7909827 8545933 8388731 X 44866 -102364 X 0 1 1 X 0 X 1375309 851490 609411 526136 899089 4261435 1845521 1813201 1801411 1826504 1716129 9002766 44338 21518 35666 36640 26759 164921 3265168 2686209 2446488 2389280 2641977 13429122 0 0 0 13429122 218271 200018 179565 200474 210163 1008491 10158 10158 218271 200018 189723 200474 210163 1018649 35601 14913 7938 242385 30333 331170 3519040 2901140 2644149 2832139 2882473 14778941 0.90870 0.91180 0.06890 0.06750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1263161 12491 43502 68383 1250771 1150740 11195 245167 143941 1263161 1140365 10375 1150740 1100660 39705 1140365 0.93900 0.06100 0 0 495662 495662 6013983 2505591 3508392 554499 457596 96903 592075 440627 151448 4252405 2923000 2878134 44866 -102364 -102364 -57498 2820636 -102364 -102364 2923000 0 2923000 2878134 0 2878134 0 2878134 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: 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, 2009 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. Golf Tournament 19340 7475 11865 8800 276 0 1857 Break on the Lake 14307 9671 4636 190 3931 400 3400 524 2 24567 14309 10258 146 3734 8112 58214 31455 26759 190 146 12731 4410 3400 10493 31370 -4611 1 Tuition assistance 2278 266180 Tuition Rates Reduced or free tuition. Scholarships 23 2675 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 1 50 X Musical instruments 21 31027 Opinions of experts X Gift Baskets 1 195 Cost X Small furnitures & stuff 5 556 Sale of comparable properties 0 0 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 2011-2012 we had no such contracts with Board members or firms in which Board members had an interest. Quarterly, 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 15 The President/Executive Director's salary is evaluated as part of the annual budget process prepared by the Finance Committee, submitted to the Executive Committee of the Board for review and offered to the full Board for their approval. 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. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -102,364.