2012-04-17T16:36:40-05:00 2011-05-31 MCDONALD JACOBS PC 520 SW YAMHILL STE 500 PORTLAND OR 97204 990 2010-06-01 930386902 PORTLAND YOUTH PHILHARMONIC ASSOCIATION PORT 5032235939 520 SW 6TH AVE NO 820 PORTLAND OR 97204 KEVIN A LEFOHN 5032235939 2012-04-12 1 SANG AHN 5032270581 2010 2016-02-24 21:20:13Z KEVIN A LEFOHN 520 SW 6TH AVE NO 820 PORTLAND OR 97204 1439606 0 X WWW.PORTLANDYOUTHPHIL.COM X 1925 OR IT IS THE PURPOSE OF THE PORTLAND YOUTH PHILHARMONIC ASSOCIATION TO MAINTAIN THE FINEST POSSIBLE YOUTH ORCHESTRAS IN ORDER TO INSPIRE AND EDUCATE YOUNG PEOPLE THROUGH PERFORMING SYMPHONIC MUSIC AND TO PROVIDE A CULTURAL ASSET FOR THE COMMUNITY. 23 23 21 100 12343 2445 339961 404869 240316 254854 -113651 68665 10192 -3586 476818 724802 0 16615 0 0 407647 391962 0 0 63234 271822 314419 679469 722996 -202651 1806 2610429 3010930 6833 25692 2603596 2985238 IT IS THE PURPOSE OF THE PORTLAND YOUTH PHILHARMONIC ASSOCIATION TO MAINTAIN THE FINEST POSSIBLE YOUTH ORCHESTRAS IN ORDER TO INSPIRE AND EDUCATE YOUNG PEOPLE THROUGH PERFORMING SYMPHONIC MUSIC AND TO PROVIDE A CULTURAL ASSET FOR THE COMMUNITY. 0 0 496086 297752 DURING THE YEAR ENDED MAY 31, 2011, THE PORTLAND YOUTH PHILHARMONIC ASSOCIATION EDUCATED, INSPIRED AND TRAINED OVER 300 YOUNG MUSICIANS IN THE PERFORMANCE OF A REPERTOIRE WHICH CLOSELY PARALLELS THAT OF MAJOR PROFESSIONAL ORCHESTRAS. 496086 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 21 1 1 1 0 0 0 0 1 1 0 0 0 0 X 23 23 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR X LYNNELLE SMITH 5032235939 520 SW 6TH AVE NO 820 PORTLAND OR 97204 JAN AHRENS JOHN 5.00 X X 0 0 0 MICHAEL KOSMALA 5.00 X X 0 0 0 JINHO KIM 5.00 X X 0 0 0 ANNETTE DUNCAN 5.00 X X 0 0 0 JOE RAKOSKI 5.00 X X 0 0 0 KAREN WAGNER 5.00 X X 0 0 0 ED BARD 1.00 X 0 0 0 ALICIA BELL 1.00 X 0 0 0 BRAD BLEYTHING 1.00 X 0 0 0 JOHN COLETTI 1.00 X 0 0 0 ROBIN COOK 1.00 X 0 0 0 MARK COUSINS 1.00 X 0 0 0 PETER DE GRAFF 1.00 X 0 0 0 GENE FOLEY 1.00 X 0 0 0 SID GREEN 1.00 X 0 0 0 CARYN KUNKLE 1.00 X 0 0 0 KATHY LANG 1.00 X 0 0 0 JOHN LANGSLET 1.00 X 0 0 0 ERLING NEILSON 1.00 X 0 0 0 DUNCAN PORTER 1.00 X 0 0 0 JULIE KIM 1.00 X 0 0 0 LOUISE ROBERTS 1.00 X 0 0 0 KEVIN A LEFOHN 37.50 X 23057 0 754 DAVID HATTNER 37.50 X 61050 0 2676 84107 0 3430 0 0 0 0 0 61287 48476 295106 4839 404869 TUITION 900099 162609 162609 CONCERTS 711190 79902 79902 PROGRAM ADVERTISING 541800 12343 12343 254854 52430 52430 715609 699374 16235 16235 16235 2944 61287 8990 -6046 -6046 8900 6440 2460 2460 724802 244971 12343 62619 16615 16615 114750 75033 39717 223469 146122 77347 22160 8944 13216 31583 20552 11031 13693 13693 26755 21780 4975 40400 40400 44969 12527 29998 2444 6553 6553 35954 35954 2126 1630 496 450 100 350 23 23 9576 7464 2112 6155 6155 CONCERT/REHEARSAL HALL 127765 127765 ADMIN ALLOCATION 0 38934 -94749 55815 722996 496086 163676 63234 29609 -4619 162727 135728 2630 102962 6123 11958 366034 168091 201779 197943 2207561 2566958 2610429 3010930 4458 22167 2375 3525 6833 25692 X 987386 1105068 257940 521900 1358270 1358270 2603596 2985238 2610429 3010930 X 1806 379836 X X 0 1 1 X 0 X 432311 351274 311736 339961 404869 1840151 432311 351274 311736 339961 404869 1840151 50433 1789718 73812 76874 48809 48868 52430 300793 2445 2445 13079 2994 16073 2159462 1622821 0.82880 0.82800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2340348 448501 120000 2668849 2035267 44794 360287 19125 54424 26451 2340348 2742879 10000 -578362 10953 90916 37381 2035267 0.31950 0.17150 0.50900 1 0 282812 120953 161859 83222 47138 36084 197943 724802 722996 1806 379836 379836 381642 1104638 379836 379836 724802 0 724802 722996 0 722996 0 722996 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE PORTLAND YOUTH PHILHARMONIC ENDOWMENT FUND IS INTENDED TO CREATE A PREDICTABLE STREAM OF FUNDING TO PYP PROGRAMS. BREAKFAST 64231 64287 -56 1733 4956 850 1451 64231 64287 -56 1733 4956 850 1451 8990 -9046 0 FINANCIAL AID 29 14615 SUMMER SCHOLOARSHIPS 4 2000 FORM 990, PART VI, SECTION A, LINE 6 ANNUAL MEMBERS OF THE ASSOCIATION WHO PAID THEIR ANNUAL DUES FOR THE IMMEDIATE PAST YEAR ENDING ON THE MAY 31ST ARE ENTITLED TO VOTE. LIFE MEMBERS ARE ENTITLED TO VOTE WITHOUT REGARD TO PAYING ANNUAL MEMBERSHIP DUES FOR A GIVEN YEAR. THE DESIGNATED PARENT OR GUARDIAN MEMBERS OF CURRENT ORCHESTRA MEMBERS ARE ENTITLED TO VOTE. DESIGNATED PARENT OR GUARDIAN MEMBERS FROM THE IMMEDIATE PAST YEAR ARE ENTITLED TO VOTE PROVIDED THEIR CHILDREN CONTINUE TO BE ORCHESTRA MEMBERS. NEW DUES PAYING MEMBERS ARE ALSO ENTITLED TO VOTE PROVIDED THEY PAID THEIR ANNUAL DUES AT LEAST FORTY-FIVE (45) DAYS PRIOR TO THE DATE OF THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7A ANNUAL MEMBERS OF THE ASSOCIATION WHO PAID THEIR ANNUAL DUES FOR THE IMMEDIATE PAST YEAR ENDING ON THE MAY 31ST ARE ENTITLED TO VOTE. LIFE MEMBERS ARE ENTITLED TO VOTE WITHOUT REGARD TO PAYING ANNUAL MEMBERSHIP DUES FOR A GIVEN YEAR. THE DESIGNATED PARENT OR GUARDIAN MEMBERS OF CURRENT ORCHESTRA MEMBERS ARE ENTITLED TO VOTE. DESIGNATED PARENT OR GUARDIAN MEMBERS FROM THE IMMEDIATE PAST YEAR ARE ENTITLED TO VOTE PROVIDED THEIR CHILDREN CONTINUE TO BE ORCHESTRA MEMBERS. NEW DUES PAYING MEMBERS ARE ALSO ENTITLED TO VOTE PROVIDED THEY PAID THEIR ANNUAL DUES AT LEAST FORTY-FIVE (45) DAYS PRIOR TO THE DATE OF THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11 BEFORE FILING, A COPY OF THE 990 WILL BE SENT TO ALL MEMBERS OF THE BOARD OF DIRECTORS VIA E-MAIL, ASKING THEM TO REVIEW AND RESPOND WITH ANY QUESTIONS OR COMMENTS WITHIN ONE WEEK (SO FILING IS NOT DELAYED). THE EXECUTIVE DIRECTOR AND FINANCE MANAGER WILL ALSO REVIEW THE 990 AT THE SAME TIME. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY COVERS DIRECTORS, OFFICERS AND EMPLOYEES WHO ANNUALLY REVIEW AND UPDATE A CONFLICT OF INTEREST INFORMATION FORM. IF THERE IS ANY DISCLOSURE ON THE FORM (POSSIBLE OR OTHERWISE), IT IS REVIEWED BY THE ORGANIZATION'S BOARD PRESIDENT AND CORPORATE SECRETARY TO DETERMINE WHETHER A CONFLICT EXISTS. ANY ACTUAL CONFLICTS WOULD BE THEN DISCLOSED TO THE EXECUTIVE COMMITTEE WHO WOULD DETERMINE THE APPROPRIATE RESPONSE AND COURSE OF ACTION. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR-PROCESS LAST UNDERTAKEN IN 2010 DURING WHICH DATA WAS COLLECTED FROM THE LEAGUE OF AMERICAN ORCHESTRAS REGARDING COMPENSATION FOR EXECUTIVES OF SIMILAR SIZED YOUTH ORCHESTRAS WITH SIMILAR BUDGETS. MUSIC DIRECTOR (OTHER OFFICER)-THE PROCESS WAS LAST UNDERTAKEN IN 2008, DURING WHICH DATA WAS COLLECTED FROM THE LEAGUE OF AMERICAN ORCHESTRAS REGARDING COMPENSATION FOR MUSIC DIRECTORS OF SIMILAR SIZED YOUTH ORCHESTRAS WITH SIMILAR BUDGETS. FOR BOTH POSITIONS, THE BOARD OF DIRECTORS' EXECUTIVE COMMITTEE REVIEWED THE OUTSIDE DATA AND RESOURCES OF THE ORGANIZATION, DELIBERATED AND THEN DETERMINED THE APPROPRIATE SALARY FOR EACH POSITION. THE EXECUTIVE COMMITTEE REVIEWS EACH POSTION ANNUALLY AND MAY RECOMMEND COLA AND/OR OTHER CHANGES TO COMPENSATION BASED ON THE PERFORMANCE AND RESOURCES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 379,836. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.