2012-10-11T15:37:06-05:00 2012-05-31 930900579 MCDONALD JACOBS PC 520 SW YAMHILL STE 500 PORTLAND OR 97204 990 2011-06-01 930386902 PORTLAND YOUTH PHILHARMONIC ASSOCIATION PORT 5032235939 520 SW 6TH AVE NO 820 PORTLAND OR 97204 KEVIN A LEFOHN 5032235939 2012-10-04 1 SANG AHN P00540880 5032270581 2011 2016-02-24 21:20:13Z KEVIN A LEFOHN 520 SW 6TH AVE NO 820 PORTLAND OR 97204 1570445 0 X WWW.PORTLANDYOUTHPHIL.ORG X 1925 OR TO MAINTAIN THE FINEST POSSIBLE YOUTH ORCHESTRAS TO INSPIRE AND EDUCATE YOUNG PEOPLE. 22 22 24 100 15144 0 404869 328344 254854 280425 68665 224297 -3586 -5625 724802 827441 16615 19085 0 0 391962 426412 0 0 74541 314419 330536 722996 776033 1806 51408 3010930 2781822 25692 13022 2985238 2768800 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 595707 268268 DURING THE YEAR ENDED MAY 31, 2012, 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. 595707 1 1 0 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 24 1 1 1 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR X SARA STEINMAN 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 ALICIA BELL 5.00 X X 0 0 0 SUE BLACK 1.00 X 0 0 0 JOHN COLETTI 1.00 X 0 0 0 PETER DE GRAFF 1.00 X 0 0 0 RICHARD DOBROW 1.00 X 0 0 0 GREG EWER 1.00 X 0 0 0 GENE E FOLEY JR 1.00 X 0 0 0 SID GREEN 1.00 X 0 0 0 JULIE KIM 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 RICK PARFREY 1.00 X 0 0 0 DUNCAN PORTER 1.00 X 0 0 0 LOUISE ROBERTS 1.00 X 0 0 0 BECKY SIMMONS 1.00 X 0 0 0 KEVIN LEFOHN 37.50 X 73213 0 3987 DAVID HATTNER 37.50 X 66099 0 3987 139312 0 7974 0 0 0 0 0 65858 37810 224676 7097 328344 TUITION 900099 166339 166339 CONCERTS 711190 98942 98942 PROGRAM ADVERTISING 541800 15144 15144 280425 61631 61631 780 0 780 780 780 887652 3500 727539 947 160113 2553 162666 162666 529 65858 6588 -6059 -6059 7584 7930 -346 -346 827441 265715 15144 218238 19085 19085 150152 115617 19520 15015 225510 173643 29316 22551 16809 12943 2185 1681 33941 26135 4412 3394 26020 26020 34315 34315 59473 40508 10596 8369 7335 5149 897 1289 36774 27213 5516 4045 6552 6141 411 1874 1351 523 11669 8635 1750 1284 10093 7955 2138 CONCERT/REHEARSAL HALL 117030 113058 3972 DONOR RELATIONS 10935 132 10803 STAFF DEVELOPMENT 5271 2691 2580 LICENSES, DUES, & FEES 2538 956 1582 657 312 345 776033 595707 105785 74541 -4619 827 135728 59917 102962 70153 11958 15523 360434 157765 197943 202669 2566958 2432733 3010930 2781822 22167 10472 3525 2550 25692 13022 X 1105068 909370 521900 469105 1358270 1390325 2985238 2768800 3010930 2781822 X 51408 -267846 X X 0 1 1 X 0 X 351274 311736 339961 404869 328344 1736184 351274 311736 339961 404869 328344 1736184 117303 1618881 76874 48809 48868 52430 61631 288612 2445 3745 6190 13079 2994 529 16602 2047588 1650935 0.79060 0.82880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2668849 32055 -148171 120000 2432733 2340348 448501 120000 2668849 2035267 44794 360287 19125 54424 26451 2340348 2742879 10000 -578362 10953 90916 37381 2035267 0.25420 0.57150 0.17430 1 0 276885 109441 167444 83549 48324 35225 202669 827441 776033 51408 -267846 -267846 -216438 560095 -267846 500 -267346 827441 0 827441 776533 500 500 776033 0 776033 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 66387 65858 529 6588 66387 65858 529 6588 6588 -6059 1 FINANCIAL AID 38 17135 SUMMER SCHOLARSHIPS 3 1950 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: PYP AWARDS FINANCIAL AID BASED ON PROVEN NEED FOR MUSICIANS ACCEPTED INTO THE ORGANIZATION BY AUDITION. APPLICATIONS ARE REVIEWED BY A COMMITTEE OF BOARD AND STAFF. AWARDS TO SUCCESSFUL APPLICANTS ARE GRANTED AS A CREDIT TO TUITION ACCOUNTS. MUSICIANS ARE REQUIRED TO PARTICIPATE IN A PYP ORCHESTRA FOR THE FULL SEASON. IF THE MUSICIANS DOES NOT FULFILL THIS OBLIGATION, THEY ARE ASKED TO REPAY FINANCIAL AID FUNDS AWARDED. FORM 990, PART VI, SECTION A, LINE 1 THE PRESIDENT OF THE BOARD OF DIRECTORS FOR PYP SHALL SERVE AS THE CHAIR OF THE EXECUTIVE COMMITTEE. THE COMMITTEE SHALL INCLUDE THE PRESIDENT, VICE PRESIDENT, TREASURER, RECORDING SECRETARY, CORPORATE SECRETARY, AND ANY OTHER COMMITTEE CHAIR DESIGNATED BY THE PRESIDENT. THE EXECUTIVE COMMITTEE, MADE UP OF OFFICERS AND OTHER DIRECTORS APPOINTED BY THE PRESIDENT, IS RESPONSIBLE FOR CONDUCTING THE AFFAIRS OF THE ASSOCIATION BETWEEN BOARD MEETINGS. THIS INCLUDES IDENTIFYING IMPORTANT ISSUES FOR CONCISE AND FACTUAL PRESENTATION AT BOARD MEETINGS, AND ACTING ON BEHALF OF AND IN THE BEST INTERESTS OF THE ASSOCIATION AND ITS BOARD WHEN AN EMERGENCY OR OTHER EXIGENCY REQUIRES IMMEDIATE ACTION AND A REGULAR OR SPECIAL MEETING IS PRECLUDED. 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. 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 COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS' EXECUTIVE COMMITTEE AND DATA FROM THE LEAGUE OF AMERICAN ORCHESTRAS IS CONSULTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -267,846. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.