2013-02-14T08:02:13-06:00 2012-06-30 042549813 ERCOLINI & COMPANY LLP 101 ARCH STREET 300 BOSTON MA 02110 990 2011-07-01 042867945 INDIAN HILL MUSIC INC INDI 9784869524 PO BOX 1484 LITTLETON MA 01460 SUSAN RANDAZZO 9784869524 2013-02-07 1 PHILIP A WEITZEL P00209483 6174825511 2013-01-28 2011 2016-03-07 17:11:31Z SUSAN RANDAZZO PO BOX 1484 LITTLETON MA 01460 5171742 0 X WWW.INDIANHILLMUSIC.ORG X 1985 MA OUR MISSION IS TO BENEFIT INDIVIDUALS, FAMILIES, AND COMMUNITIES THROUGH MUSIC. 23 23 89 75 0 0 651186 1888588 1575151 1717664 91364 66432 0 1684 2317701 3674368 41284 38407 0 0 1499585 1650803 4600 72268 227189 696865 747358 2242334 2508836 75367 1165532 4803193 5319374 1157507 635881 3645686 4683493 OUR MISSION IS TO BENEFIT INDIVIDUALS, FAMILIES, AND COMMUNITIES THROUGH MUSIC. OUR COMMUNITY MUSIC SCHOOL, PROFESSIONAL ORCHESTRA, COMMUNITY ENGAGEMENT AND OUTREACH PROGRAMS SERVE RESIDENTS OF 60 COMMUNITIES. 0 0 1510041 38407 1553626 INDIAN HILL MUSIC SCHOOL SERVES 1,500 STUDENTS OF ALL AGES AND ABILITIES WITH A FACULTY OF PROFESSIONAL ARTISTS AND EDUCATORS THROUGH PRIVATE INSTRUCTION, GROUP LESSONS AND ENSEMBLES FOR ALL INSTRUMENTS AND VOICE IN MANY GENRES INCLUDING CLASSICAL, JAZZ, FOLK, POPULAR, CELTIC, MUSICAL THEATRE AND OPERA. INDIAN HILL MUSIC SCHOOL IS COMMITTED TO PROVIDING AFFORDABLE MUSIC EDUCATION AND ALSO HAS BEEN ABLE TO PROVIDE $38,407 IN SCHOLARSHIP AID. 447497 161560 ONE OF GREATER BOSTON'S LEADING PROFESSIONAL ORCHESTRAS, THE ORCHESTRA OF INDIAN HILL ANCHORS INDIAN HILL MUSIC'S PERFORMANCE PROGRAMS, PRESENTING A SIX-CONCERT SYMPHONIC SEASON UNDER ARTISTIC DIRECTOR BRUCE HANGEN. SERVING OVER 4,000 PEOPLE ANNUALLY, THE ORCHESTRA OF INDIAN HILL HAS FEATURED INTERNATIONALLY RENOWNED GUEST SOLOISTS, COLLABORATED WITH DISTINGUISHED CHORAL GROUPS, AND COMMISSIONED NEW WORKS. INDIAN HILL MUSIC ALSO PRESENTS CHAMBER MUSIC, JAZZ, AND FAMILY CONCERTS. 39045 2478 INDIAN HILL MUSIC'S PHILANTHROPY INCLUDES AFTER- SCHOOL MUSIC LESSONS AND SCHOOL DAY PERFORMANCES IN LOW-INCOME COMMUNITIES, FREE MONTHLY BACH'S LUNCH CONCERTS SERVING 2,000 SENIOR CITIZENS ANNUALLY, AND SINGING BY ITS THRESHOLD SINGERS FOR THOSE IN HOSPICE CARE. IN PARTNERSHIP WITH AREA NONPROFIT CULTURAL AND SOCIAL SERVICE ORGANIZATIONS, INDIAN HILL MUSIC FACULTY AND STUDENT PERFORMERS PROVIDE MUSIC AT 50 EVENTS PER YEAR IN A VARIETY OF COMMUNITY SETTINGS. 1996583 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 117 0 1 89 1 0 0 0 0 0 1 1 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X SUSAN RANDAZZO 9784869524 36 KING STREET LITTLETON MA 01460 RALPH BROWN 5.00 X X 0 0 0 JEFFREY FUHRER 1.00 X X 0 0 0 STEVEN LEVITSKY 1.00 X X 0 0 0 THOMAS ROSA 1.00 X X 0 0 0 MARY LIVINGSTON 1.00 X X 0 0 0 CAROLYN CANTRELL 8.00 X 14360 0 0 FAITH CROSS 1.00 X 0 0 0 ARMAND DIARBEKIRIAN 1.00 X 0 0 0 RYAN DUNN 1.00 X 0 0 0 PRISCILLA ENDICOTT 1.00 X 0 0 0 MARY KAYE 1.00 X 0 0 0 MICHAEL KNUPP 1.00 X 0 0 0 MELISSA LARCO 1.00 X 0 0 0 RUSS MURRAY 1.00 X 0 0 0 JACQUELINE NORMAND 1.00 X 0 0 0 JEAN NOTIS-MCCONARTY 1.00 X 0 0 0 JONATHAN PANEK 1.00 X 0 0 0 CAROLE PREST 1.00 X 0 0 0 PAMELA RESOR 1.00 X 0 0 0 MARK SCHEIER 1.00 X 0 0 0 CYNTHIA SECHREST 1.00 X 0 0 0 ARTHUR SHANE 1.00 X 0 0 0 JOHN SPINELLO 1.00 X 0 0 0 SUSAN RANDAZZO 40.00 X 84791 0 12568 99151 0 12568 0 0 0 0 0 7815 25953 1854820 23759 1888588 TUITION 711190 1537283 1537283 TICKET REVENUE 711190 119297 119297 SERVICE FEES 711190 43487 43487 ADVERTISING 711190 17597 17597 1717664 58885 58885 1492620 1485073 7547 7547 7547 13985 7815 12301 1684 1684 3674368 1725211 0 60569 38407 38407 134715 15511 59602 59602 1351755 1198196 113659 39900 51058 28164 13459 9435 113275 95120 11730 6425 10752 10752 72268 72268 10862 10700 162 217936 217936 85354 79479 5875 53482 47442 2762 3278 5300 4353 511 436 117581 85878 29471 2232 10840 10826 14 1568 1493 40 35 34436 23761 10331 344 84857 61263 22833 761 23731 16496 6559 676 PROGRAM SUPPLIES 70228 44931 25297 MISCELLANEOUS 20431 16627 3355 449 2508836 1996583 285064 227189 295133 282080 10069 376040 4720 1050 10606 16867 38740 36718 3345785 1407493 1994588 1938292 2449337 2668327 4803193 5319374 59258 53781 249376 285260 672264 0 176609 296840 1157507 635881 X 1456371 2392108 165515 67585 2023800 2223800 3645686 4683493 4803193 5319374 X 1165532 -127725 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2151728 200000 -42018 -20000 -78200 -10811 2200699 1913498 3937 341328 -19500 -77500 -10035 2151728 1796628 9100 217813 -19000 -76000 -15043 1913498 2284548 10516 -350683 -21000 -117200 -9553 1796628 1.00000 0 0 2795244 950676 1844568 0 550541 456817 93724 1938292 CHARITABLE GIFT ANNUITIES 296840 296840 3674368 2508836 1165532 -110209 -17516 -127725 1037807 3520537 -110209 -43622 -153831 3674368 0 3674368 2482730 12301 12301 2470429 38407 38407 2508836 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION'S RETURN ON THE INVESTMENT OF ENDOWMENT FUNDS IS USED FOR SCHOLARSHIPS, PHILANTHROPIC OUTREACH, ORCHESTRA INITIATIVES, EDUCATIONAL PROGRAMS AND OPERATIONAL NEEDS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2012. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX PROVISIONS REQUIRING ACCOUNTING RECOGNITION IN THE FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE ITS EVALUATION OF TAX POSITIONS WILL SIGNIFICANTLY CHANGE WITHIN TWELVE MONTHS OF JUNE 30, 2012. ANY CHANGES IN TAX POSITIONS WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES GENERALLY FOR THE YEARS ENDED JUNE 30, 2009, 2010, AND 2011. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -17,516. PART XII, LINE 2D - RECONCILIATION OF REVENUE DIRECT EXPENSE OF FUNDRAISING $12,301 LESS SCHOLARSHIPS GRANTED OF $38,407 LESS CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES $17,516 = ($43,622) PART XIII, LINE 2D - RECONCILIATION OF EXPENSE DIRECT EXPENSE OF FUND RAISING $12,301 PART XIII, LINE 4B RECONCILIATION OF EXPENSE SCHOLARSHIPS GRANTED OF $38,407 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 OUR NON DISCRIMINATORY POLICY IS INCLUDED ON OUR WEBSITE, REGISTRATION DOCUMENTATION, AND ON ALL OF OUR PROMOTIONAL MATERIALS THAT RELATE TO THE SOLICITATION OF STUDENTS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED $14,300 IN ASSISTANCE FROM THE MASSACHUSETTS CULTURAL COUNCIL, $10,000 FROM THE NATIONAL ENDOWMENT FOR THE ARTS AND $1,653 FROM VARIOUS LOCAL CULTURAL COUNCILS. X X X X X X X 1 CATHERINE COLEMAN 7 WHITTIER DRIVE ACTON MA 01720 SOLICITATION 0 18750 47531 -28781 THE WAYLAND GROUP 323 BOSTON POST ROAD SUDBURY MA 01776 CONSULTING 0 0 9549 -9549 18750 57080 -38330 MA LIGHT UP THE NIGHT 21800 7815 13985 3820 6261 1000 1220 21800 7815 13985 3820 6261 1000 1220 12301 1684 1 SCHOLARSHIPS 65 38407 FMV MUSIC CLASSES AND LESSONS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE GRANTS ARE ISSUED ONLY FOR OUR CLASSES AND LESSONS AND ARE TRACKED INTERNALLY. WE TRACK EACH STUDENT AND EACH CLASS OR LESSON THEY ATTEND. THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS IN NEED BASED UPON THE AVAILABLE FINANCIAL RESOURCES OF THE ORGANIZATION AND AN APPLICATION AND SELECTION PROCESS USING DEFINED CRITERIA. ALL SCHOLARSHIP GRANTS ARE APPLIED DIRECTLY TO THE COST OF TUITION FOR CLASSES AND LESSONS TO BE TAKEN AT OUR ORGANIZATION. WARREN CHASE FORMER BOARD MEMBER MORTGAGE - THE INDIVIDUAL IS A FORMER OFFICER AT THE FINANCIAL INSTITUTION THAT HELD THE ORGANIZATION'S MORTGAGE. THE VENDOR RELATIONSHIP WITH THIS FINANCIAL INSTITUTION IS SUBJECT TO THE SAME PROCUREMENT REQUIREMENTS, POLICIES AND CONTROLS AS THE ORGANIZATION APPLIES TO ITS OTHER VENDORS. THE ORGANIZATION HAS PAID THE MORTGAGE VALUE IN FULL DURING THE FISCAL YEAR, THEREFORE, NO FURTHER LIABILITY EXISTS RELATED TO THIS TRANSACTION. 0 JOHN SPINELLO BOARD MEMBER MORTGAGE - THE INDIVIDUAL IS AN OFFICER AT THE FINANCIAL INSTITUTION THAT HELD THE ORGANIZATION'S MORTGAGE. THE VENDOR RELATIONSHIP WITH THIS FINANCIAL INSTITUTION IS SUBJECT TO THE SAME PROCUREMENT REQUIREMENTS, POLICIES AND CONTROLS AS THE ORGANIZATION APPLIES TO ITS OTHER VENDORS.THE ORGANIZATION HAS PAID THE MORTGAGE VALUE IN FULL DURING THE FISCAL YEAR, THEREFORE, NO FURTHER LIABILITY EXISTS RELATED TO THIS TRANSACTION. 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO DISTRIBUTION TO THE FULL BOARD. ONCE THE AUDIT COMMITTEE FINDS THE DOCUMENT TO BE ACCEPTABLE, THE FULL BOARD RECEIVES A COPY TO REVIEW. ALL BOARD MEMBERS ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS AND ONCE THOSE QUESTIONS AND ANY RESULTING REVISIONS ARE ADDRESSED, THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A FORMAL, WRITTEN CONFLICT OF INTEREST POLICY. EACH MEMBER OF THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR OF THE ORGANIZATION ARE REQUIRED TO CERTIFY ON AN ANNUAL BASIS THAT THEY HAVE RECEIVED AND REVIEWED THE POLICY AND THAT THEY ARE IN COMPLIANCE WITH IT. INTERNAL EMPLOYEES TRACK TO ENSURE CERTIFICATIONS ARE RECEIVED AND THAT NO ISSUES ARE REPORTED. IF ISSUES WERE TO EXIST, THEY WOULD BE BROUGHT TO THE ATTENTION OF THE CHAIRMAN OF THE BOARD AND EXECUTIVE DIRECTOR FOR FURTHER REVIEW AND RESOLUTION. INDIVIDUALS WITH A CONFLICT OF INTEREST ARE NOT ALLOWED TO VOTE ON ANY MATTERS THAT ARE SUBJECT TO CONFLICT. IF A CONFLICT OF INTEREST SEVERELY IMPEDED AN INDIVIDUALS' ABILITY TO PERFORM THEIR ORGANIZATIONAL DUTIES, THAT INDIVIDUAL WILL BE REMOVED FROM THEIR POSITION. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A -INCREASES TO EXECUTIVE DIRECTOR COMPENSATION INCLUDE A PERFORMANCE REVIEW PROCESS LED BY THE CHAIRMAN OF THE BOARD WITH INPUT FROM THE BOARD OF DIRECTORS AND SENIOR STAFF, A REVIEW OF COMPARABILITY DATA COMPLETED BY THE HUMAN RESOURCES SUB-COMMITTEE OF THE BOARD OF DIRECTORS, A RECOMMENDATION TO THE FULL BOARD BY THAT SUB-COMMITTEE AND APPROVAL BY THE FULL BOARD OF DIRECTORS. MINUTES OF ALL MEETINGS RELATED TO EXECUTIVE DIRECTOR COMPENSATION ARE MAINTAINED TO DOCUMENT THE DELIBERATION AND DECISION. LINE 15B - WE HAVE NO KEY EMPLOYEES OR OTHER COMPENSATED OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. OUR WEBSITE STATES THIS AND ALSO PROVIDES THE CONTACT INFORMATION TO OBTAIN THESE DOCUMENTS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -110,209. CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -17,516. TOTAL TO FORM 990, PART XI, LINE 5: -127,725.