2012-03-03T07:50:09-06:00 2011-06-30 D'ARCANGELO & CO LLP 800 WESTCHESTER AVE SUITE N-400 RYE BROOK NY 105731301 990 2010-07-01 136007082 THE MUSIC CONSERVATORY OF WESTCHESTER INC MUSI 9147613715 216 CENTRAL AVENUE WHITE PLAINS NY 10606 JEAN NEWTON 9147613900 2012-03-01 1 ALFRED F THOBEN 9146944600 2010 2016-02-24 21:20:13Z JEAN NEWTON 216 CENTRAL AVENUE WHITE PLAINS NY 10606 2984857 0 X MUSICCONSERVATORY.ORG X 1929 NY THE MUSIC CONSERVATORY OF WESTCHESTER IS A WELCOMING, DIVERSE COMMUNITY OF PEOPLE WITH A SHARED COMMITMENT TO THE ARTS, GUIDING STUDENTS OF ALL AGES AND ABILITIES TO DEVELOP THEIR TALENTS IN WAYS THAT SUPPORT THEIR INDIVIDUAL GOALS AND INTERESTS, MENTORED BY DEDICATED, EXCELLENT FACULTY. 24 24 131 107 0 0 498326 676924 2089722 2026943 17681 15721 41936 -49540 2647665 2670048 93078 90738 0 0 2002924 2056683 0 0 312401 759792 723379 2855794 2870800 -208129 -200752 9574772 9488579 4843714 4818051 4731058 4670528 X THE MUSIC CONSERVATORY OF WESTCHESTER IS A WELCOMING, DIVERSE COMMUNITY OF PEOPLE WITH A SHARED COMMITMENT TO THE ARTS, GUIDING STUDENTS OF ALL AGES AND ABILITIES TO DEVELOP THEIR TALENTS IN WAYS THAT SUPPORT THEIR INDIVIDUAL GOALS AND INTERESTS, MENTORED BY DEDICATED, EXCELLENT FACULTY. IN ITS 81ST YEAR MCW HAS BEEN THE PLACE IN WESTCHESTER COUNTY, NY FOR HIGH QUALITY MUSIC, MUSICAL THEATRE, AND MUSIC THERAPY. A NOT-FOR-PROFIT COMMUNITY SCHOOL OF ARTS FOR ALL AGES AND ABILITIES, WE OFFER A WARM COMMUNITY IN WHICH TO LEARN AND GROW. WHETHER YOU'RE INTERESTED IN GROUP CLASSES OR INDIVIDUAL LESSONS, WE OFFER A WIDE RANGE OF OPPORTUNITIES FOR THOSE WITH EXPERIENCE AND THOSE WITHOUT. THE MUSIC CONSERVSATORY IS A MEMBER OF THE NATIONAL GUILD OF COMMUNITY SCHOOLS OF THE ARTS AND CHARTERED BY THE NEW YORK STATE BOARD OF REGENTS. 0 0 1495789 90738 1670951 INSTRUCTION - THE MUSIC CONSERVATORY OF WESTCHESTER IS A COMMUNITY MUSIC SCHOOL SEEKING TO PROVIDE HIGH-QUALITY MUSIC AND THEATER EDUCATION TO ALL, REGARDLESS OF AGE OR ABILITY. IN ADDITION, OUR OFFSITE PARTNERSHIPS PROVIDE SCHOOLS THAT DON'T HAVE INSTRUMENTAL OR THEATER PROGRAMS OF THEIR OWN WITH QUALITY INSTRUCTION BY PROFESSIONAL ARTISTS AND EDUCATORS. THE INSTRUCTION PROGRAM IS COMPOSED OF THREE SEMESTERS: SUMMER, FALL AND SPRING. TOTAL ENROLLMENT FOR THESE SEMESTERS WAS AS FOLLOWS: SUMMER 2010, 198 STUDENTS; FALL 2010, 659 STUDENTS; SPRING 2011, 664 STUDENTS. OFFSITE PROGRAMS HAD 29 PARTICIPATING SCHOOLS BENEFITING 1,847 OF THEIR STUDENTS. PROGRAMS INCLUDE BOTH GROUP AND INDIVIDUAL INSTRUCTION. THE TOTAL FACULTY IS COMPOSED OF 111 PROFESSIONAL MUSICIANS. 292138 355992 OUTREACH PROGRAM - CALLED THE MUSIC THERAPY INSTITUTE, THE OUTREACH PROGRAM FACILITATES WEEKLY MUSIC THERAPY GROUPS AND PROFESSIONAL DEVELOPMENT PROGRAMS TO PARTNERING ORGANIZATIONS AND PUBLIC SCHOOL DISTRICTS IN WESTCHESTER COUNTY, NY. WORKING WITH CHILDREN AND ADULTS WITH A RANGE OF DEVELOPMENTAL, EMOTIONAL, COGNITIVE AND SOCIAL IMPAIRMENTS, MUSIC THERAPISTS USE THE ACTIVE PROCESS OF MUSIC MAKING TO ENGAGE STUDENTS AND ADDRESS SPECIFIC GOALS, INCLUDING: INCREASING COMMUNICATION, IMPROVING SOCIAL SKILLS, PROVIDING OPPORTUNITIES FOR SELF EXPRESSION, IMPROVING IMPULSE CONTROL AND IMPROVING ATTENTION TO TASK. PROFESSIONAL DEVELOPMENT PROGRAMS ASSIST MUSIC EDUCATORS IN PUBLIC SCHOOL DISTRICTS TO DEVELOP AND IMPLEMENT APPROPRIATE MUSIC PROGRAMS FOR SPECIAL NEEDS LEARNERS. THE CHILDREN AND ADULTS INVOLVED IN THE PROGRAMS BENEFITTED FROM THIS HIGHLY MOTIVATED, INCLUSIONARY PROGRAM BY DEMONSTRATING GROWTH IN ALL AREAS OF FUNCTIONING. THE PROGRAM HAD 29 PARTICIPATING PARTNERS/SCHOOLS AND PROVIDED PROGRAMS IN 63 DIFFERENT LOCATIONS. 189083 22011 PERFORMANCES - CONCERTS AND RECITALS PERFORMED IN THE CONSERVATORY THEATRE AND CHURCHES AND OTHER VENUES IN VARIOUS LOCATIONS. THE MUSIC CONSERVATORY CONDUCTED 73 SEPERATE PERFORMANCES DURING THE 2011 FISCAL YEAR, INCLUDING PARTICIPATION BY BOTH STUDENTS AND FACULTY. SOME PERFORMANCES WERE BY A SOLO PERFORMER BUT THE MAJORITY OF PERFORMANCES WERE GROUPS INCLUDING AT TIMES UP TO 50 PERFORMERS. STUDENT RECITALS ARE PART OF THE EDUCATIONAL PROCESS. "FACULTY LIVE ON CENTRAL" PERFORMANCES CONDUCTED AT THE MUSIC CONSERVATORY'S FACILITIES ARE FOR THE INSTRUCTION AND ENTERTAINMENT OF OUR STUDENT FAMILIES AND ARE A SHOWCASE FOR OUR FACULTY. 1977010 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 131 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 9147613715 216 CENTRAL AVENUE WHITE PLAINS NY 10606 ANTHONY GALLINARI 1.00 X 0 0 0 NANCY GOODMAN 1.00 X 0 0 0 ROBERT HEATH 4.00 X X 0 0 0 BHARTI GUPTA 2.00 X X 0 0 0 ALAN E KATZESQ 1.00 X 0 0 0 MARY LYNN BIANCO 1.00 X 0 0 0 JOHN BOTTOMLEY 1.00 X X 0 0 0 TERRY J FELDMAN 2.00 X X 0 0 0 LAURENCE KEISER ESQ CPA 1.00 X 0 0 0 RODD BERRO 1.00 X X 0 0 0 CAROLINE G BAUMAN MD 1.00 X 0 0 0 SIEW LENG CHUAH 2.00 X X 0 0 0 GEORGE DRAPEAU 1.00 X 0 0 0 HYUN HEFFNER 1.00 X 0 0 0 CLAYTON J HEYDORN 1.00 X 0 0 0 LARRY SLATTERY 1.00 X 0 0 0 THOMAS A CRATTY 1.00 X 0 0 0 LISA DEUTSCH 1.00 X 0 0 0 GEORGIA B POLLAK 1.00 X 0 0 0 GARY BASHIAN 1.00 X 0 0 0 CATHY PINSKY 1.00 X 0 0 0 JON PUNDYK 1.00 X 0 0 0 MAYO G BARTLETT ESQ 1.00 X 0 0 0 JEAN NEWTON 40.00 X 0 0 0 CAROL SHIFFMAN 40.00 X 110208 0 0 0 0 0 1 0 0 1 0 71892 179018 426014 12171 676924 TUITION 900099 1670951 1670951 CONTRACT SERVICES 900099 355992 355992 2026943 13535 13535 158925 222431 -63506 -63506 -63506 32908 30722 2186 2186 2186 53611 71892 61656 -8045 -8045 MISCELLANEOUS 900099 22011 22011 22011 2670048 2048954 0 -55830 90738 90738 115000 29900 54050 31050 1698519 1124184 364780 209555 15253 9914 3509 1830 31309 20350 7202 3757 196602 127790 45220 23592 17258 17258 17000 17000 15913 7685 8228 51510 51510 95669 71751 14351 9567 5349 3370 642 1337 170800 157136 5124 8540 237868 202188 30923 4757 21753 15227 3263 3263 TUITION & FEES DISCOUNT 21299 21299 SUPPLIES & MUSIC 20734 13477 4769 2488 PRINTING AND POSTAGE 14139 9190 3252 1697 INSTRUMENT MAINTENANCE 12947 12947 TELEPHONE 7525 5267 1129 1129 13615 10772 1232 1611 2870800 1977010 581389 312401 281300 325588 67532 106152 66230 42198 17584 11966 74577 39544 10935915 3043711 8106714 7892204 832070 857289 0 128765 213638 9574772 9488579 268830 345681 124564 180321 3330000 3260000 45259 30000 955183 929085 119878 72964 4843714 4818051 X 3849093 3714382 70436 144617 811529 811529 4731058 4670528 9574772 9488579 X -200752 140222 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 832070 155220 90738 39263 857289 926768 75528 93078 77148 832070 1448842 25 -140313 0 381786 926768 0 0 426734 725226 1151960 1451009 7429697 2333372 6547334 700047 582819 117228 203202 127520 75682 7892204 CAPITALIZED LEASE OBLIGATION 45630 REAL ESTATE BROKERAGE FEE PAYABLE 27334 72964 2670048 2870800 -200752 140222 140222 -60530 2873776 140222 140222 2733554 -63506 -63506 2670048 2870800 0 2870800 0 2870800 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT CONTRIBUTIONS REPRESENT DONOR STIPULATED CONTRIBUTIONS TO BE INVESTED FOR A DESIGNATED PERIOD OF TIME, GENERALLY IN PERPETUITY. THE ENDOWMENT FUND TWO-YEARS BACK (2008) INCLUDED UNRESTRICTED (FUNDS FUNCTIONING AS ENDOWMENT) OF $503,992 WHICH HAD BEEN DESIGNATED BY THE BOARD FROM A MAJOR UNRESTRICTED CONTRIBUTION. DURING THE FISCAL YEAR (2008) THOSE FUNDS WERE DRAWN DOWN FOR BUDGETED STRATEGIC AND FINANCIAL INITIATIVES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: INCOME TAXES THE CONSERVATORY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS A PUBLIC CHARITY. DONATIONS TO THE CONSERVATORY ARE DEDUCTIBLE FOR INCOME TAX PURPOSES UNDER INTERNAL REVENUE CODE SECTION 170. THE CONSERVATORYS ACCOUNTING POLICY IS TO PROVIDE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR OF AN EXPOSURE TO UNRELATED BUSINESS INCOME TAX. TAX RETURNS FOR THE YEARS 2007 THROUGH 2010 ARE SUBJECT TO AUDIT BY THE APPLICABLE TAXING JURISDICTIONS. SCHEDULE D - PART XIV - RENTAL ACTIVITY NET LOSS FROM RENTAL ACTIVITY OF PROPERTY LEASED TO WESTCHESTER CHAPEL CHURCH OF THE NAZARENE, INC. (SEE PART XII, LINE 4B) 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 REGISTRATION MATERIAL AND BROCHURES INDICATES THE SCHOOL'S NONDISCRIMINATORY POLICY. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE MUSIC CONSERVATORY OF WESTCHESTER HAS RECEIVED GRANTS FROM THE NEW YORK STATE COUNCIL ON THE ARTS AND OTHER NEW YORK STATE AGENCIES. GRANTS RECEIVED FROM AGENCIES ARE FOR PROGRAM SERVICES PROVIDED BY THE ORGANIZATION TO THE PUBLIC. JUNE GOLF CLASSIC - GOLF TOURNAMENT 61110 33890 27220 316 25170 4776 JAZZ BRUNCH 36751 25084 11667 3986 3 27642 12918 14724 27408 125503 71892 53611 4302 25170 32184 61656 -8045 1 TUITION SCHOLARSHIPS - THE SCHOLARSHIP PROGRAM IS A FINANCIAL AID PROGRAM AND IS FUNDED EACH FISCAL YEAR THROUGH THE MUSIC CONSERVATORY'S ENDOWMENT RESTRICTED FUNDS, INDIVIDUAL AND BOARD PARTICIPATION, SPECIAL EVENTS AND FOUNDATION CONTRIBUTIONS. THE DEMAND FOR AID EXCEEDS THE BUDGET FUND LEVEL WITH THE RECENT ECONOMIC DOWNTURN. EACH AID REQUEST IS MANAGED THROUGH THE DEAN OF STUDENT AND FACULTY'S OFFICE. 90738 TUITION RATE REDUCTION OF TUITION COST TO INDIVIDUAL STUDENTS AND FAMILIES BASED ON FULL TUITION AND CHARGES AND THE INDIVIDUAL NEEDS OF THE APPLICANTS AS DETERMINED BY THE MUSIC CONSERVATORY. 1 X X 0 0 0 0 0 0 0 1 0 PART I, LINE 7 ALAN E. KATZ, ESQ. - TRUSTEE IS PARTNER IN GREENFIELD, STEIN & SENIOR, A LAW FIRM THAT DOES LEGAL WORK BOTH PRO-BONO AND FEE BASED FOR THE ORGANIZATION. COUNTY OF WESTCHESTER INDUSTRIAL DEVELOPMENT AGENCY 521294265 957388CC5 1999-06-22 4500000 ACQUISTION OF 214-216 CENTRAL AVE, WHITE PLAINS, NY AND RENOVATIONS. 0 1 0 2000 0 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 1 0 0 0 0 0 NANCY GOODMAN DIRECTOR CASH FLOW UNTIL THE ORGANIZATION RECEIVES GRANT PROCEEDS X 30000 30000 0 1 1 30000 EVE POLLON WIDOW OF FORMER EXECUTIVE DIRECTOR 15253 PENSION OBLIGATION ALAN KATZ ESQ PARTNER IN GREENFIE MR. KATZ IS A MEMBER OF THE BOARD OF TRUSTEES OF THE CONSERVATORY 76794 THE PROVISION OF LEGAL SERVICES TO THE CONSERVATORY 0 FORM 990, PART VI, SECTION A, LINE 7A THE ESTABLISHED BOARD, BASED ON THE BY-LAWS OF THE CORPORTATION, SPONSORS NEW MEMBERS OF THE BOARD AND VOTES ON INVITING THE NEW MEMBER TO JOIN THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B MINUTES OF FINANCE COMMITTEE AND OTHER ADVISORY COMMITTEES ARE NOT FORMALLY MAINTAINIED. ACTIONS DELIBERATED AND AUTHORIZED BY SUCH COMMITTEES ARE SUMMARIED BY THE COMMITTEE CHAIRMAN AND REPORTED ON TO THE ENTIRE BOARD AND IF ACTION IS RECOMMENDED A FORMAL BOARD RESOLUTION IS PREPARED FOR APPROVAL BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR, DIRECTOR OF FINANCE AND ADMINISTRATION, AND THE ACCOUNTING SUPERVISOR REVIEW AND COMPARE THE 990 TO THE FINANCIAL STATEMENT BEFORE THE RETURN IS SIGNED AND MAILED TO THE IRS. THE RETURN IS ALSO REVIEWED BY THE CONSERVATORY'S FINANCE COMMITTEE AND THE BOARD OF TRUSTEES PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF CONFLICT OF INTEREST POLICY A. EACH TRUSTEE, OFFICER, EMPLOYEE AND VOLUNTEER SHALL BE PROVIDED WITH AND ASKED TO REVIEW A COPY OF THIS POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. B. ANNUALLY EACH TRUSTEE, OFFICER, EMPLOYEE AND VOLUNTEER SHALL COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH HE OR SHE IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A TRUSTEE OF OR CONSULTANT TO ANOTHER NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO MCW. ANY SUCH INFORMATION REGARDING THE BUSINESS INTERESTS OF A TRUSTEE, OFFICER, EMPLOYEE OR VOLUNTEER, OR A FAMILY MEMBER THEREOF, SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE EXECUTIVE DIRECTOR OR PRESIDENT OF THE BOARD CHAIR, THE EXECUTIVE TRUSTEE, COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. C. THIS POLICY SHALL BE REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF TRUSTEES. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED TO ALL STAFF AND VOLUNTEERS FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES' METHODOLOGY WHEN HIRING PERSONNEL AT THE LEVEL OF EXECUTIVE DIRECTOR, OTHER OFFICER OR KEY EMPLOYEE IS TO CONSULT PUBLICATIONS LISTING COMPENSATION CURRENTLY BEING PAID TO A COMPARABLE LEVEL OF PEOPLE WORKING UNDER SIMILAR CIRCUMSTANCES; BUDGET CONSIDERATIONS USUALLY PLAY A ROLE IN DETERMINING COMPENSATION AND THE POSITION WILL PROBABLY BE FILLED AT A SALARY LESS THAN THE CURRENT MARKET RATE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE BEING HELD AT THE MUSIC CONSERVATORY OF WESTCHESTER'S OFFICES AND ARE AVAILABLE TO PUBLIC INSPECTION UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 140,222. FORM 990, PART XI, LINE 2C THE PROCEDURE FOR REVIEW OF FORM 990 PRIOR TO FILING HAS NOT CHANGED.