2012-03-21T06:40:29-05:00 2011-06-30 ERCOLINI & COMPANY LLP 101 ARCH STREET 300 BOSTON MA 02110 990 2010-07-01 042867945 INDIAN HILL MUSIC INC INDI 9784869524 PO BOX 1484 LITTLETON MA 01460 SUSAN RANDAZZO 9784869524 2012-03-21 1 PHILIP A WEITZEL 6174825511 2012-03-21 2010 2016-02-24 21:20:13Z SUSAN RANDAZZO PO BOX 1484 LITTLETON MA 01460 2994723 0 X WWW.INDIANHILLMUSIC.ORG X 1985 MA OUR MISSION IS TO BENEFIT INDIVIDUALS, FAMILIES, AND COMMUNITIES THROUGH MUSIC. 22 22 97 75 0 0 545343 651186 1508322 1575151 -6199 91364 0 0 2047466 2317701 35164 41284 0 0 1524308 1499585 6640 4600 132124 677149 696865 2243261 2242334 -195795 75367 4331983 4803193 1021308 1157507 3310675 3645686 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 1391873 41284 1435325 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 $41,284 IN SCHOLARSHIP AID. 419024 137084 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. 33724 2742 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 CHOIR 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. 1844621 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 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 106 0 1 97 1 0 0 0 0 0 1 1 0 0 0 0 X 22 22 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 10.00 X 9755 0 0 SUNEET CHADHA 1.00 X 0 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 MELISSA SPASH 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 PAMELA RESOR 1.00 X 0 0 0 KAREN RIGGERT 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 69978 0 12285 79733 0 12285 0 0 0 0 0 15988 16030 619168 24698 651186 TUITION 711190 1420818 1420818 TICKET REVENUE 711190 105956 105956 SERVICE FEES 711190 45446 45446 ADVERTISING 711190 2831 2831 OTHER INCOME 711190 100 100 1575151 61767 61767 682660 653063 29597 29597 29597 23959 15988 23959 0 2317701 1604748 0 61767 41284 41284 105287 16913 44187 44187 1241480 1100464 99200 41816 52032 29963 12666 9403 100786 86257 9271 5258 15400 15400 4600 4600 10041 10000 41 200356 200356 73008 66391 1331 5286 46797 42550 2096 2151 9598 4853 4667 78 120820 87308 32237 1275 10081 10081 640 640 40757 28122 12227 408 85947 62283 22901 763 23825 16732 6417 676 PROGRAM SUPPLIES 43685 27844 15841 MISCELLANEOUS 15910 12580 2989 341 2242334 1844621 265589 132124 182074 295133 10049 10069 11736 4720 14244 10606 35534 38740 3317224 1322636 2073935 1994588 2004411 2449337 4331983 4803193 41437 59258 234795 249376 685387 672264 59689 176609 1021308 1157507 X 1258936 1456371 31876 165515 2019863 2023800 3310675 3645686 4331983 4803193 X 75367 259644 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 879973 1915271 0 521980 442663 79317 1994588 CHARITABLE GIFT ANNUITIES 176609 176609 2317701 2242334 75367 272937 -13293 259644 335011 2560020 272937 -30618 242319 2317701 0 2317701 2225009 23959 23959 2201050 41284 41284 2242334 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. PART X, LINE 2 - FOOTNOTE - 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, 2011. 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, 2011. 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, 2008, 2009, AND 2010. PART XI, LINE 8 - RECONCILIATION OF CHANGES IN NET ASSETS - OTHER CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES = $13,293 PART XII, LINE 2D - RECONCILIATION OF REVENUE DIRECT EXPENSE OF FUNDRAISING $23,959 LESS SCHOLARSHIPS GRANTED OF $41,284 LESS CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES $13,293 = ($30,618) PART XIII, LINE 2D - RECONCILIATION OF EXPENSE DIRECT EXPENSE OF FUND RAISING $23,959 PART XIII, LINE 4B RECONCILIATION OF EXPENSE SCHOLARSHIPS GRANTED OF $41,284 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 $14,400 IN ASSISTANCE FROM THE MASSACHUSETTS CULTURAL COUNCIL. ISLAND ESCAPE 21046 7757 13289 3206 600 9483 GARDEN TOUR 12266 8231 4035 625 1150 225 2035 3 6635 6635 6403 32 200 39947 15988 23959 625 10759 857 11718 23959 0 1 SCHOLARSHIPS 58 41284 FMV MUSIC CLASSES 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 ARE TRACKED INTERNALLY. WE TRACK EACH STUDENT AND EACH CLASS THEY ATTEND. OTHER INFORMATION: PART IV: 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 TO BE TAKEN AT OUR ORGANIZATION. WARREN CHASE FORMER BOARD MEMBER MORTGAGE - THE INDIVIDUAL IS AN OFFICER AT THE FINANCIAL INSTITUTION THAT HOLDS 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. 0 JOHN SPINELLO BOARD MEMBER MORTGAGE - THE INDIVIDUAL IS AN OFFICER AT THE FINANCIAL INSTITUTION THAT HOLDS 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. 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 GAINS ON INVESTMENTS: 272,937. CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -13,293. TOTAL TO FORM 990, PART XI, LINE 5: 259,644.