The Boston Conservatory: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- The Boston Conservatory (EIN 04-2126597)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-01
- IRS object ID
- 201230619349301398
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-01T09:59:29-06:00 | 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 | ALEXANDER ARONSON FINNING & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 EAST MAIN STREET | AddressLine1 |
| City | WESTBORO | City |
| State | MA | State |
| ZIP Code | 01581 | 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 | 042126597 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BOSTON CONSERVATORY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BOST | NameControl |
| Phone | 6175366340 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 THE FENWAY | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02215 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD ORTNER PRESIDENT | Name |
| Title | PRESIDENT | Title |
| Phone | 6175366340 | Phone |
| Date Signed | 2012-01-03 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS WASHBURN CPA | Name |
| Phone | 5083669100 | Phone |
| 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 | RICHARD ORTNER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 THE FENWAY | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02215 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 42124972 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | BOSTONCONSERVATORY.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1927 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | TO EDUCATE EXCEPTIONAL PERFORMING ARTISTS FOR CAREERS THAT ENRICH AND TRANSFORM THE HUMAN EXPERIENCE BY USING SKILLS, CREATIVITY AND COURAGE NOURISHED IN OUR VIBRANT MULTI-DISCIPLINARY COMMUNITY OF MUSICIANS, DANCERS AND ACTORS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 28 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 683 | TotalNbrEmployees |
| Total Nbr Volunteers | 28 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4258656 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3988641 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 26058589 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 29273378 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 213729 | InvestmentIncomePriorYear |
| Investment Income Current Year | 353987 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 95853 | OtherRevenuePriorYear |
| Other Revenue Current Year | 167186 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 30626827 | TotalRevenuePriorYear |
| Total Revenue Current Year | 33783192 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 6662731 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 7593344 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 11739617 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 12647168 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 53830 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 48720 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1105072 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 8265483 | OtherExpensePriorYear |
| Other Expenses Current Year | 9961544 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 26721661 | TotalExpensesPriorYear |
| Total Expenses Current Year | 30250776 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3905166 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3532416 | RevenuesLessExpensesCY |
| Total Assets BOY | 42954882 | TotalAssetsBOY |
| Total Assets EOY | 45034147 | TotalAssetsEOY |
| Total Liabilities BOY | 19156649 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 17257222 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 23798233 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 27776925 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO EDUCATE EXCEPTIONAL PERFORMING ARTISTS FOR CAREERS THAT ENRICH AND TRANSFORM THE HUMAN EXPERIENCE BY USING SKILLS, CREATIVITY AND COURAGE NOURISHED IN OUR VIBRANT MULTI-DISCIPLINARY COMMUNITY OF MUSICIANS, DANCERS AND ACTORS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 26490880 | Expense |
| Grants | 7593344 | Grants |
| Revenue | 29435245 | Revenue |
| Description | A CONSERVATORY OF MUSIC, DANCE AND MUSIC THEATRE, SERVING OVER 712 STUDENTS, OFFERING DEGREES IN BACHELORS IN MUSIC, BACHELORS IN FINE ARTS, AND MASTERS IN MUSIC AND MUSIC EDUCATION. | Description |
| Total Program Service Expense | 26490880 | 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 | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | 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 | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | 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 | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| 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 | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | 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 | 174 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 683 | 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 28 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | 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 | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERIC NORMAN VP OF FINANCE AND PLANNING | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6175366340 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 THE FENWAY | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02215 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (33 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| RICHARD ORTNER | |||||||
| PRESIDENT | 40.00 | X | X | 337699 | 0 | 20536 | |
| ALFRED D HOUSTON | |||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | |
| CURTIS R KEMENY | |||||||
| VICE CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | |
| KIRK L RAMSAUER | |||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| JOSEPH H ZWICKER | |||||||
| CLERK | 1.00 | X | 0 | 0 | 0 | ||
| MIMI HEWITT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RON ANCRUM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ELIZABETH S BOVEROUX | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DAVI-ELLEN CHABNER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CAROLINE M COLLINGS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CYNTHIA CURME | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOANNE W DICKINSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DIANA DOHRMANN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GAIL S FLATTO | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JEFFREY HALSAVER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DONALD F JEMELLA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BJ KRINTZMAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL LONGTHORNE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| KELLY C MCKERNAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GARY R MIKULA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHARLOTTE P NEWTON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ANTHONY PANGARO | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SUZANNE H ROLLERT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DIANA SCOTT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DAVID SCOTT SLOAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PETER J WENDER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GEORGE C WHITE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARILLYN ZACHARIS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES PETIT | |||||||
| CFO | 40.00 | X | 110260 | 0 | 12452 | ||
| PATRICIA HOY | |||||||
| DEAN OF ACADEMICS | 40.00 | 148076 | 0 | 14722 | X | ||
| KARL PAULNACK | |||||||
| DIRECTOR MUSIC DIVISION | 40.00 | 108187 | 0 | 12392 | X | ||
| CARMEN GRIGGS | |||||||
| VP ADMINISTRATION | 40.00 | 106487 | 0 | 12226 | X | ||
| NEIL DONOHOE | |||||||
| DIRECTOR THEATER DIVISION | 40.00 | 100732 | 0 | 11881 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 911441 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 84209 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| NORTHEASTERN UNIVERSITY | |||||
| 360 HUNTINGTON AVE | BOSTON | MA | 02115 | GYM/FITNESS/FOOD SERVICE | 1223417 |
| UGL UNICCO | |||||
| 275 GROVE ST SUITE 3-200 | AUBURNDALE | MA | 02466 | HOUSEKEEPING | 707967 |
| ABICHAKER BUILDING TECHNOLOGY | |||||
| 151 STRATFORD ST | WEST ROXBURY | MA | 02132 | CONSTRUCTION | 369043 |
| LONGWOOD SECURITY SERVICES INC | |||||
| 2 BROOKLINE PLACE SUITE 203 | BROOKLINE | MA | 02445 | SECURITY | 357280 |
| BUILDING MAINTENANCE CORP | |||||
| P O BOX 3118 | PEABODY | MA | 01961 | ROOFING | 319694 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Fundraising Events | 193403 | FundraisingEvents |
| All Other Contributions | 3795238 | AllOtherContributions |
| Noncash Contributions | 40464 | NoncashContributions |
| Total Contributions | 3988641 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611110 | 25378048 | 25378048 |
| ROOM & BOARD | 611110 | 3466427 | 3466427 |
| PERFORMANCE & PROGRAMS | 611110 | 350858 | 350858 |
| OTHER AUXILLARY INCOME | 611110 | 78045 | 78045 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 29273378 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 307734 | TotalRevenueColumn |
| Exclusion | $307,734 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 14818 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 14818 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14818 | TotalRevenueColumn |
| Exclusion | $14,818 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8297517 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8251264 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 46253 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 46253 | TotalRevenueColumn |
| Exclusion | $46,253 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 81017 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 193403 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 90516 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -9499 | TotalRevenueColumn |
| Exclusion | -$9,499 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 161867 | TotalRevenueColumn |
| Related Or Exempt Function Income | 161867 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 161867 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 33783192 | TotalRevenueColumn |
| Related Or Exempt Function Income | 29435245 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $359,306 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7593344 | Total |
| Program Services | 7593344 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 506686 | Total |
| Management And General | 429840 | ManagementAndGeneral |
| Fundraising | 76846 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10157087 | Total |
| Program Services | 8885639 | ProgramServices |
| Management And General | 816106 | ManagementAndGeneral |
| Fundraising | 455342 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 380224 | Total |
| Program Services | 328030 | ProgramServices |
| Management And General | 31739 | ManagementAndGeneral |
| Fundraising | 20455 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 861927 | Total |
| Program Services | 712697 | ProgramServices |
| Management And General | 115025 | ManagementAndGeneral |
| Fundraising | 34205 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 741244 | Total |
| Program Services | 627707 | ProgramServices |
| Management And General | 76470 | ManagementAndGeneral |
| Fundraising | 37067 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35649 | Total |
| Program Services | 11037 | ProgramServices |
| Management And General | 19908 | ManagementAndGeneral |
| Fundraising | 4704 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43770 | Total |
| Management And General | 43770 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48720 | Total |
| Fundraising | 48720 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 362719 | Total |
| Program Services | 170984 | ProgramServices |
| Management And General | 156332 | ManagementAndGeneral |
| Fundraising | 35403 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 254446 | Total |
| Program Services | 159528 | ProgramServices |
| Management And General | 53620 | ManagementAndGeneral |
| Fundraising | 41298 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 429758 | Total |
| Program Services | 296286 | ProgramServices |
| Management And General | 62815 | ManagementAndGeneral |
| Fundraising | 70657 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1941111 | Total |
| Program Services | 1811987 | ProgramServices |
| Management And General | 122358 | ManagementAndGeneral |
| Fundraising | 6766 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 290495 | Total |
| Program Services | 268368 | ProgramServices |
| Management And General | 15613 | ManagementAndGeneral |
| Fundraising | 6514 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 847897 | Total |
| Program Services | 565060 | ProgramServices |
| Management And General | 142302 | ManagementAndGeneral |
| Fundraising | 140535 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 949377 | Total |
| Program Services | 895263 | ProgramServices |
| Management And General | 48418 | ManagementAndGeneral |
| Fundraising | 5696 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 291509 | Total |
| Program Services | 12523 | ProgramServices |
| Management And General | 277498 | ManagementAndGeneral |
| Fundraising | 1488 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD SERVICES | 1484372 | 1421989 | 23508 | 38875 |
| EVENTS | 788718 | 757788 | 19410 | 11520 |
| MAINTENANCE AND HOUSEKE | 743505 | 721333 | 19863 | 2309 |
| REPAIRS AND MAINTENANCE | 439780 | 356771 | 67242 | 15767 |
| SECURITY | 362940 | 350493 | 11387 | 1060 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 695498 | Total |
| Program Services | 544053 | ProgramServices |
| Management And General | 101600 | ManagementAndGeneral |
| Fundraising | 49845 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30250776 | Total |
| Program Services | 26490880 | ProgramServices |
| Management And General | 2654824 | ManagementAndGeneral |
| Fundraising | 1105072 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 290983 | BOY |
| EOY | 541995 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1440373 | BOY |
| EOY | 606155 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2948127 | BOY |
| EOY | 3541644 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112136 | BOY |
| EOY | 254198 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21211 | BOY |
| EOY | 55627 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21405 | BOY |
| EOY | 15564 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 491889 | BOY |
| EOY | 555947 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 17353575 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 11239469 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5641770 | BOY |
| EOY | 6114106 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6907351 | BOY |
| EOY | 8217924 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25079637 | BOY |
| EOY | 25130987 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42954882 | BOY |
| EOY | 45034147 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1448910 | BOY |
| EOY | 1525124 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1061144 | BOY |
| EOY | 1504549 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16461667 | BOY |
| EOY | 14020866 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 184928 | BOY |
| EOY | 206683 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19156649 | BOY |
| EOY | 17257222 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19440194 | BOY |
| EOY | 21895011 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3993859 | BOY |
| EOY | 5516774 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 364180 | BOY |
| EOY | 365140 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23798233 | BOY |
| EOY | 27776925 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42954882 | BOY |
| EOY | 45034147 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3532416 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 446276 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| 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 | 6808887 | BeginningOfYearBalance |
| Contributions | 868860 | Contributions |
| Investment Earnings Or Losses | 617922 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 48600 | GrantsOrScholarships |
| Administrative Expenses | 36540 | AdministrativeExpenses |
| End Of Year Balance | 8210529 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4536887 | BeginningOfYearBalance |
| Contributions | 1964662 | Contributions |
| Investment Earnings Or Losses | 368791 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 47600 | GrantsOrScholarships |
| Administrative Expenses | 13853 | AdministrativeExpenses |
| End Of Year Balance | 6808887 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5391975 | BeginningOfYearBalance |
| Contributions | 135026 | Contributions |
| Investment Earnings Or Losses | -871779 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 63600 | GrantsOrScholarships |
| Administrative Expenses | 54735 | AdministrativeExpenses |
| End Of Year Balance | 4536887 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.62290 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.37710 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 80161 | OtherCostOrOtherBasis |
| Book Value | 80161 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10154463 | OtherCostOrOtherBasis |
| Depreciation | 6604335 | Depreciation |
| Book Value | 3550128 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1198687 | OtherCostOrOtherBasis |
| Depreciation | 740076 | Depreciation |
| Book Value | 458611 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5284968 | OtherCostOrOtherBasis |
| Depreciation | 3895058 | Depreciation |
| Book Value | 1389910 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 635296 | OtherCostOrOtherBasis |
| Book Value | 635296 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 6114106 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| REALTY CORPORATION RECEIVABLE | 3327181 |
| LEVERAGE LOAN RECEIVABLE AND INTEREST | 21803806 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 25130987 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CAPITAL LEASE OBLIGATION | Description |
| Amount | $206,683 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 206683 | TotalOfAmounts |
| Total Revenue | 33783192 | TotalRevenue |
| Total Expenses | 30250776 | TotalExpenses |
| Excess Or Deficit For Year | 3532416 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 446276 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 446276 | TotalAdjustments |
| Excess Or Deficit Per FS | 3978692 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 26726640 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 446276 | NetUnrealizedGainsInvestments |
| Other Revenues | 90516 | OtherRevenues |
| Revenue Not Rptd F990 | 536792 | RevenueNotRptdF990 |
| Revenue Subtotal | 26189848 | RevenueSubtotal |
| Other Revenues Not Included | 7593344 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 7593344 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 33783192 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 22747948 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 90516 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 90516 | ExpensesNotRptdF990 |
| Expenses Subtotal | 22657432 | ExpensesSubtotal |
| Other Expenses Not Included | 7593344 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 7593344 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 30250776 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE MAJORITY OF THE CONSERVATORY'S ENDOWMENT FUNDS ARE FOR SCHOLARSHIPS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REQUIRE THE CONSERVATORY TO REPORT ANY UNCERTAIN TAX POSITIONS AND TO ADJUST ITS CONSOLIDATED FINANCIAL STATEMENTS FOR THE IMPACT THEREOF. AS OF JUNE 30, 2011, THE CONSERVATORY DETERMINED THAT IT HAD NO TAX POSITIONS THAT DID NOT MEET THE "MORE LIKELY THAN NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THE CONSERVATORY FILES TAX AND INFORMATION RETURNS IN THE UNITED STATES FEDERAL AND MASSACHUSETTS STATE JURISDICTIONS. THESE RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR THE LAST THREE YEARS. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES NET WITH REVENUE ON THE 990 90,516. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT FINANCIAL AID NET WITH REVENUE ON THE AUDIT 7,593,344. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES NET WITH REVENUE ON THE 990 90,516. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT FINANCIAL AID NET WITH REVENUE ON THE AUDIT 7,593,344. |
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 (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE COLLEGE INCLUDED A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY REGARDING STUDENTS IN ALL BROCHURES AND CATALOGS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. THE COLLEGE CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND WORLDWIDE. FURTHER, THE COLLEGE INCLUDES A REFERENCE TO ITS RACIALLY NONDISCRMINIATORY POLICY IN OTHER WRITTEN ADVERTISING USED AS A MEANS OF INFORMING PROSPECTIVE STUDENTS OF ITS PROGRAMS. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE COLLEGE PARTICIPATES IN THE STUDENT FINANCIAL ASSISTANCE PROGRAMS OF THE DEPARTMENT OF EDUCATION AND RECEIVED FUNDS FOR THE FOLLOWING PROGRAMS: FEDERAL FAMILY EDUCATION LOANS FEDERAL WORK STUDY FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT FEDERAL PELL GRANT ACADEMIC COMPETITIVENESS GRANTS AID FROM STATE AGENCIES IN ADDITION TO THE ABOVE FEDERAL FINANCIAL AID PROGRAMS, THE COLLEGE PARTICIPATES AND RECEIVED STATE GRANTS FOR ITS STUDENTS FROM VARIOUS STATES INCLUDING: MASSACHUSETTS NEW HAMPSHIRE VERMONT PENNSYLVANIA WASHINGTON, D.C. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | MARY GIURLEO | NameOfIndividual |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 POLAR BEAR DRIVE | AddressLine1 |
| City | WESTFORD | City |
| State | MA | State |
| ZIP Code | 01886 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | GRANTSWRITER | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 1591321 | GrossReceipts |
| Amount Retained By Contractor | 48720 | AmountRetainedByContractor |
| Net To Organization | 1542601 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 1591321 | TotalGrossReceipts |
| Total Retained By Contractors | 48720 | TotalRetainedByContractors |
| Total Net To Organization | 1542601 | TotalNetToOrganization |
| Licensed States | MA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1 |
| Gross Receipts Event1 | 274420 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 193403 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 81017 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 15170 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 35136 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 40210 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 274420 | GrossReceiptsTotal |
| Charitable Contributions Total | 193403 | CharitableContributionsTotal |
| Gross Revenue Total Events | 81017 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 15170 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 35136 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 40210 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 90516 | DirectExpenseSummaryEvents |
| Net Income Summary | -9499 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (6 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| PELL | 107 | 452363 |
| SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS | 86 | 143838 |
| ACADEMIC COMPETITIVENESS GRANT | 43 | 29775 |
| STATE GRANTS | 23 | 21102 |
| FEDERAL WORK STUDY | 95 | 135201 |
| FEDERAL DIRECT LOANS | 424 | 8757397 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: FEDERAL FUNDS ARE MONITORED AS FOLLOWS: - DIRECTOR OF FINANCIAL AID DETERMINES STUDENT ELIGIBILITY FOR PELL, SEOG, FWS, ACADEMIC COMPETITIVENESS AND FEDERAL LOANS. - DIRECTOR OF FINANCIAL AID POSTS STUDENT AWARDS INTO OUR INTEGRATED STUDENT RECORD SYSTEM (CAMPUS). - BURSAR PRINTS/DISTRIBUTES STUDENT BILLING STATEMENT WHICH INCLUDES FEDERAL AWARDS. - DIRECTOR OF FINANCIAL AID DRAWS DOWN FUNDS FROM FEDERAL WEBSITE. - CFO ALERTS BURSAR AND DIRECTOR OF FINANCIAL AID FUNDS RECEIVED. - DIRECTOR OF FINANCIAL AID AND BURSAR POST RECEIPT OF FEDERAL FUNDS TO THE STUDENT ACCOUNT IN OUR INTEGRATED STUDENT RECORD SYSTEM (CAMPUS). - SENIOR ACCOUNTANT RECORDS CASH RECEIPTS ON CASH RECEIPT JOURNAL ENTRY REVIEWED BY CFO. - CFO RECONCILES STUDENT RECEIVABLE ACCOUNT IN GENERAL LEDGER TO THE BILLING SYSTEM. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| 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 (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD ORTNER | |||||||||||||
| 201252 | 0 | 100000 | 0 | 36447 | 0 | 14700 | 0 | 5836 | 0 | 358235 | 0 | 0 | 0 |
| PATRICIA HOY | |||||||||||||
| 148076 | 0 | 0 | 0 | 0 | 0 | 8885 | 0 | 5837 | 0 | 162798 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | A HOUSING ALLOWANCE IS PROVIDED TO THE PRESIDENT. THE BOARD OF TRUSTEES VOTED TO APPROVE THE AMOUNT OF THE HOUSING ALLOWANCE FOR THE PRESIDENT. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| MASSACHUSETTS INDUSTRIAL DEVELOPMENT FINANCING AUTHORITY | |||||||
| 043431814 | NONEAVAIL | 2009-04-30 | 13000000 | CONSTRUCTION | 0 | 0 | 0 |
| MASSACHUSETTS INDUSTRIAL DEVELOPMENT FINANCING AUTHORITY | |||||||
| 043431814 | NONEAVAIL | 2009-04-30 | 6200000 | CONSTRUCTION | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Capitalized InterestCapitalizedInterest | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|
| 31645 | 13000000 | 1219725 | 13000000 | 2010 | 0 | 0 | 1 | 1 |
| 5147489 | 6200000 | 293644 | 6200000 | 2010 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 | 1 |
| 0 | 0 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 1 | 0 | 0 | 0 | 1 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 39689 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | THEATER PROPS AND WINE | Description |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 775 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | 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 | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | THE COLLEGE UTILIZES A THIRD PARTY TO SELL NON-CASH CONTRIBUTIONS IN THE FORM OF PUBLICLY TRADED SECURITIES. GIFTS OF PUBLICLY-TRADED SECURITIES WILL BE RECEIPTED AT THE AVERAGE OF THE HIGH AND LOW MARKET VALUE ON THE DATE THE DONOR RELINQUISHED CONTROL OF THE ASSETS IN FAVOR OF THE COLLEGE BY DELIVERING SUCH SECURITIES TO THE DEVELOPMENT OFFICE AND/OR BY ARRANGING AN ELECTRONIC TRANSFER BETWEEN THE DONOR'S BROKER AND THE CONSERVATORY'S ACCOUNT DESIGNATED TO RECEIVE SUCH GIFTS. THE COLLEGE WILL NOT RECEIVE OR PROCESS PROPOSED TRANSFERS OF STOCK THAT HAVE NO CURRENT MARKET VALUE (I.E. WORTHLESS STOCK) AT THE TIME A TRANSFER TO THE CONSERVATORY IS PROPOSED. THE COLLEGE WILL SELL PUBLICLY-TRADED SECURITIES WHEN RECEIVED AND REINVEST THE SALE PROCEEDS ACCORDING TO THE CURRENT GUIDELINES APPROVED BY THE INVESTMENT COMMITTEE OF THE BOARD OF TRUSTEES. ALL OTHER NON-CASH CONTRIBUTIONS ARE REVIEWED BY THE GIFT ACCEPTANCE COMMITTEE. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE CONSERVATORY'S FORM 990, WHICH IS PREPARED BY AN OUTSIDE CPA, IS REVIEWED BY MANAGEMENT FOR COMPLETENESS AND ACCURACY. IT IS THEN REVIEWED BY THE CONSERVATORY'S AUDIT COMMITTEE, WHICH APPROVES THE FORM 990 FOR FILING. ALL BOARD MEMBERS RECEIVED A COPY BEFORE FILING. | |
| THE CONFLICT OF INTEREST POLICY WAS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. THE POLICY APPLIES TO ALL TRUSTEES AND SENIOR EXECUTIVES OF THE BOSTON CONSERVATORY. EACH YEAR ALL TRUSTEES AND SENIOR EXECUTIVES COMPLETE A CONFLICT OF INTEREST FORM WHICH REQUESTS INFORMATION ABOUT PERSONAL AND PROFESSIONAL CONFLICT-RELATED ACTIVITIES. THE EXECUTIVE ASSISTANT TO THE BOARD REVIEWS ALL COMPLETED FORMS AND PRESENTS ANY POTENTIAL CONFLICTS TO THE BOARD CHAIR AND PRESIDENT. TO DATE THERE HAVE BEEN NO CONFLICTS OF INTEREST. THEREFORE, NO RESTRICTIONS HAVE BEEN IMPOSED ON ANY TRUSTEES AND SENIOR EXECUTIVES. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE COMPENSATION OF THE PRESIDENT IS DETERMINED BY A COMPENSATION COMMITTEE OF THE BOARD, EACH MEMBER OF WHICH IS INDEPENDENT OF THE PRESIDENT. APPROPRIATE DATA INCLUDING FORMS 990 FROM OTHER ORGANIZATIONS AND COMPENSATION SURVEY OR STUDY DATA IS CONSIDERED. THE COMPENSATION DECISION WAS DOCUMENTED CONTEMPORANEOUSLY. THE PRESIDENT SETS THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES. APPROPRIATE DATA IS CONSIDERED FOR THIS PURPOSE. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE BOSTON CONSERVATORY WILL CONSIDER REQUESTS FOR COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 446,276. | FORM 990, PART XI, LINE 5: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BOSTON CONSERVATORY REALTY CORP | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 THE FENWAY | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02215 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263644206 | EIN |
| Primary Activities | HOLD AND MANAGE REAL ESTATE | PrimaryActivities |
| Legal Domicile State | MA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 11A, I | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| THE BOSTON CONSERVATORY REALTY CORPORATION | ||
| D | 3327181 | LOAN PAYABLE BALANCE AT 6/30/11 |
| THE BOSTON CONSERVATORY REALTY CORPORATION | ||
| J | 320000 | RENT EXPENSE PAID IN FY11 |
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