Longy School of Music Incorporated: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- Longy School of Music Incorporated (EIN 04-2130848)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-13
- IRS object ID
- 201200739349300330
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-13T13:39:19-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Melanson Heath and Company PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 102 Perimeter Road | AddressLine1 |
| City | Nashua | City |
| State | NH | State |
| ZIP Code | 030631301 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042130848 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Longy School of Music Incorporated | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LONG | NameControl |
| Phone | 6178760956 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 27 Garden Street | AddressLine1 |
| City | Cambridge | City |
| State | MA | State |
| ZIP Code | 02138 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KAREN ZORN | Name |
| Title | President | Title |
| Phone | 6178760956 | Phone |
| Date Signed | 2012-03-03 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | David R Heath CPA | Name |
| Phone | 6038821111 | Phone |
| Date Prepared | 2012-03-03 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Karen Zorn | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 27 Garden Street | AddressLine1 |
| City | Cambridge | City |
| State | MA | State |
| ZIP Code | 02138 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 12568868 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.longy.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1915 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | Post secondary educational programs. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 20 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 331 | TotalNbrEmployees |
| Total Nbr Volunteers | 30 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 648277 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 809350 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 7670836 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 8524555 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 205417 | InvestmentIncomePriorYear |
| Investment Income Current Year | 363417 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 8524530 | TotalRevenuePriorYear |
| Total Revenue Current Year | 9697322 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2159821 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 2641744 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5004773 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5829766 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 482378 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2228065 | OtherExpensePriorYear |
| Other Expenses Current Year | 2689213 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 9392659 | TotalExpensesPriorYear |
| Total Expenses Current Year | 11160723 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -868129 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1463401 | RevenuesLessExpensesCY |
| Total Assets BOY | 11664222 | TotalAssetsBOY |
| Total Assets EOY | 11473966 | TotalAssetsEOY |
| Total Liabilities BOY | 479976 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 858342 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 11184246 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10615624 | NetAssetsOrFundBalancesEOY |
| Mission Description | The Longy School of Music prepares musicians to make a difference in the world. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 8601651 | Expense |
| Grants | 2641744 | Grants |
| Revenue | 8524555 | Revenue |
| Description | Post secondary level music diploma and degree program, private music instructions in classical style music, and music programs for adults and children. | Description |
| Total Program Service Expense | 8601651 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 79 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 331 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 20 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 0 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Organization | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6178760956 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 27 Garden Street | AddressLine1 |
| City | Cambridge | City |
| State | MA | State |
| ZIP Code | 02138 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| Karen Zorn | ||||||
| President, Trustee | 40.00 | X | X | 152250 | 0 | 3863 |
| Sandra Bakalar | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Bonny E Boatman | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Gene D Dahmen | ||||||
| Trustee, Clerk | 4.00 | X | X | 0 | 0 | 0 |
| Patricia H Deyton | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Melinda N Donovan | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Harriet E Griesinger | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Charlotte I Hall | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Sandra L Jesse | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Ruth M McKay | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Louise Ambler Osborn | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Patricia Ostrander | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Marilyn Ray Smith | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Robert B Straus | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Jeanette H Taylor | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| J David Wimberly | ||||||
| Trustee, Co-Chair | 4.00 | X | X | 0 | 0 | 0 |
| Gary Wolf | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Matina Horner | ||||||
| Trustee, Co-Chair | 4.00 | X | X | 0 | 0 | 0 |
| Timothy Jacoby | ||||||
| Treasurer | 4.00 | X | X | 0 | 0 | 0 |
| Robert S Epstein | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| Virginia Meany | ||||||
| Trustee, Vice-Chair | 4.00 | X | X | 0 | 0 | 0 |
| Howard Levy | ||||||
| Chief Financial Officer | 40.00 | X | 86350 | 0 | 2318 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 238600 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 6181 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Mintz Levin Cohn Ferris Et Al | |||||
| One Financial Center | Boston | MA | 02111 | Legal Services | 647917 |
| Sea-Dar Construction Inc | |||||
| 46 Waltham Street Suite 2A | Boston | MA | 02118 | Building Contractor | 463792 |
| McDermott Will & Emery LLP | |||||
| PO Box 6043 | Chicago | IL | 60680 | Legal Services | 137006 |
| Comworld Networks Corporation | |||||
| 2 Clocktower Place Suite 533 | Nashua | NH | 03060 | IT Support Services | 127327 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Government Grants | 316214 | GovernmentGrants |
| All Other Contributions | 493136 | AllOtherContributions |
| Total Contributions | 809350 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tution and Lesson Fees | 611600 | 8256161 | 8256161 |
| Registrations and fees | 611600 | 198366 | 198366 |
| Rentals | 611600 | 38859 | 38859 |
| Concerts and events | 611600 | 17511 | 17511 |
| Miscellaneous | 611600 | 13658 | 13658 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 8524555 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 191891 | TotalRevenueColumn |
| Exclusion | $191,891 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3043072 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2871546 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 171526 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 171526 | TotalRevenueColumn |
| Exclusion | $171,526 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9697322 | TotalRevenueColumn |
| Related Or Exempt Function Income | 8524555 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $363,417 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2641744 | Total |
| Program Services | 2641744 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 259560 | Total |
| Management And General | 259560 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4734793 | Total |
| Program Services | 4072158 | ProgramServices |
| Management And General | 354066 | ManagementAndGeneral |
| Fundraising | 308569 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84263 | Total |
| Program Services | 75621 | ProgramServices |
| Management And General | 2418 | ManagementAndGeneral |
| Fundraising | 6224 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 751150 | Total |
| Program Services | 609255 | ProgramServices |
| Management And General | 92422 | ManagementAndGeneral |
| Fundraising | 49473 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 861757 | Total |
| Management And General | 859993 | ManagementAndGeneral |
| Fundraising | 1764 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26159 | Total |
| Management And General | 26159 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33747 | Total |
| Program Services | 8450 | ProgramServices |
| Management And General | 25297 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30805 | Total |
| Management And General | 28006 | ManagementAndGeneral |
| Fundraising | 2799 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101279 | Total |
| Management And General | 101279 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 281304 | Total |
| Program Services | 220206 | ProgramServices |
| Management And General | 51254 | ManagementAndGeneral |
| Fundraising | 9844 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10782 | Total |
| Program Services | 6947 | ProgramServices |
| Fundraising | 3835 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13896 | Total |
| Management And General | 13896 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 255897 | Total |
| Program Services | 217249 | ProgramServices |
| Management And General | 32422 | ManagementAndGeneral |
| Fundraising | 6226 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37060 | Total |
| Management And General | 37060 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Other | 222543 | 132352 | 72062 | 18129 |
| Guests - faculty, artis | 219111 | 219111 | ||
| Students, on-campus emp | 132720 | 125974 | 5594 | 1152 |
| Academic expenses | 103807 | 103807 | ||
| Security | 81679 | 63939 | 14882 | 2858 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 276667 | Total |
| Program Services | 104838 | ProgramServices |
| Management And General | 100324 | ManagementAndGeneral |
| Fundraising | 71505 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11160723 | Total |
| Program Services | 8601651 | ProgramServices |
| Management And General | 2076694 | ManagementAndGeneral |
| Fundraising | 482378 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 757912 | BOY |
| EOY | 383642 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 211804 | BOY |
| EOY | 155782 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49353 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3267 | BOY |
| EOY | 29480 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54210 | BOY |
| EOY | 9852 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 7991074 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3742098 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3933499 | BOY |
| EOY | 4248976 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6563536 | BOY |
| EOY | 6550529 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90641 | BOY |
| EOY | 95705 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11664222 | BOY |
| EOY | 11473966 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 234332 | BOY |
| EOY | 417409 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 245644 | BOY |
| EOY | 440933 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 479976 | BOY |
| EOY | 858342 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5500021 | BOY |
| EOY | 4350278 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 594954 | BOY |
| EOY | 1145675 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5089271 | BOY |
| EOY | 5119671 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11184246 | BOY |
| EOY | 10615624 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11664222 | BOY |
| EOY | 11473966 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1463401 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 894779 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6885075 | BeginningOfYearBalance |
| Contributions | 30400 | Contributions |
| Investment Earnings Or Losses | 1241131 | InvestmentEarningsOrLosses |
| Other Expenditures | 1300000 | OtherExpenditures |
| Administrative Expenses | 26159 | AdministrativeExpenses |
| End Of Year Balance | 6830447 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6556094 | BeginningOfYearBalance |
| Contributions | 20399 | Contributions |
| Investment Earnings Or Losses | 634376 | InvestmentEarningsOrLosses |
| Other Expenditures | 300000 | OtherExpenditures |
| Administrative Expenses | 25793 | AdministrativeExpenses |
| End Of Year Balance | 6885076 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7834975 | BeginningOfYearBalance |
| Contributions | 73392 | Contributions |
| Investment Earnings Or Losses | -906961 | InvestmentEarningsOrLosses |
| Other Expenditures | 421360 | OtherExpenditures |
| Administrative Expenses | 23952 | AdministrativeExpenses |
| End Of Year Balance | 6556094 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.13000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.75000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.12000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 646818 | OtherCostOrOtherBasis |
| Book Value | 646818 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6358583 | OtherCostOrOtherBasis |
| Depreciation | 2911304 | Depreciation |
| Book Value | 3447279 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 701706 | OtherCostOrOtherBasis |
| Depreciation | 564884 | Depreciation |
| Book Value | 136822 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 283967 | OtherCostOrOtherBasis |
| Depreciation | 265910 | Depreciation |
| Book Value | 18057 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4248976 | TotalOfBookValueLandBuildings |
| Total Revenue | 9697322 | TotalRevenue |
| Total Expenses | 11160723 | TotalExpenses |
| Excess Or Deficit For Year | -1463401 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 882779 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 12000 | DonatedServicesAndFacilities |
| Total Adjustments | 894779 | TotalAdjustments |
| Excess Or Deficit Per FS | -568622 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 7951197 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 882779 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 12840 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -2641744 | OtherRevenues |
| Revenue Not Rptd F990 | -1746125 | RevenueNotRptdF990 |
| Revenue Subtotal | 9697322 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 9697322 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 8519819 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 840 | DonatedServicesUseOfFacilities |
| Other Expenses Included | -2641744 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -2640904 | ExpensesNotRptdF990 |
| Expenses Subtotal | 11160723 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 11160723 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Uncertain Tax Positions Under FIN 48: | Part X: | The School accounts for the effect of any uncertain tax positions in the financial statements based on a "more likely than not" basis, such that current or deferred tax assets or liabilities are immediately recognized when the related uncertain tax position is taken or expected to be taken. Any changes in uncertain tax positions are recorded in the period the outcome becomes known. Management has evaluated significant tax positions against the criteria established by professional standards and believes that there are no such positions requiring accounting recognition as of June 30, 2011. Additionally, the School believes that its tax-exempt status would more likely than not be sustained under examination. The School's tax returns that have been filed and are subject to examination are for the years ended June 30, 2010, 2009, and 2008. |
| Part XII, Line 2d - Other Adjustments: | Scholarships -2,641,744. | |
| Part XIII, Line 2d - Other Adjustments: | Scholarships -2,641,744. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Explanation of Nondiscriminatory Policy Publication | Schedule E, Part I, Line 3 | LONGY RECRUITS STUDENTS THROUGH THE MAILING OF A CATALOG CONTAINING THE SCHOOL'S NON-DISCCRIMINATORY POLICY. ALL REG. AID FORMS ARE ALSO CLEARLY LABELED. THE POLICY IS ALSO STATED IN NEWSPAPER ADV. DIR. TOWARDS THE SOLICIATION OF STUDENTS. |
| Explanation of Document Retention | Schedule E, Part I, Line 4 | LONGY PROVIDES SCHOLARSHIPS TO STUDENTS THROUGH A NON-DISCR. PROCESS BASED ON NEED, ACADEMIC, AND MUSICAL TALENT. |
| Explanation of Government Financial Assistance | Schedule E, Part I, Line 6 | The School receives student financial aid from the US Department of Education. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Longy Scholarships to Students Accounts | TypeOfGrant |
| Number Of Recipients | 222 | NumberOfRecipients |
| Amount Of Cash Grant | 2641744 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Other Information: | Identifier |
| Return Reference | Part IV: | ReturnReference |
| Explanation | Scholarships are awarded to students. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Karen Zorn | NamePerson |
| Base Compensation Filing Org | 152250 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 3863 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 156113 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Gary Wolf (Gary Wolf Architects Inc) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Trustee | Relationship |
| Amount Of Transaction | 15589 | AmountOfTransaction |
| Description Of Transaction | Architectural services | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 24942 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | HIGH/LOW AVERAGE DAY TRA | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (3 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | The Form 990 will be distributed electronically to each voting member of the organization's governing body. The Chief Financial Officer of the School will conduct the review of the Form 990 at the next Board of Trustees meeting. The Audit Committee Chair and the Chief Financial Officer will review and approve the Form 990 for release of the electronic file. | |
| Governing documents and conflict of interest policy are available upon request. The financial statements are available upon request. | Form 990, Part VI, Section C, line 19 | |
| Changes in Net Assets or Fund Balances: | Net unrealized gains on investments: 882,779. Donated services and use of facilities: 12,000. Total to Form 990, Part XI, Line 5: 894,779. | Form 990, Part XI, line 5: |
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