2011-07-13T15:35:32-05:00 2010-08-31 LARSONALLEN LLP 18 SENTRY PARK WEST SUITE 300 BLUE BELL PA 194222240 990 2009-09-01 232707419 THE ROCK SCHOOL FOR DANCE EDUCATION ROCK 2155517010 1101 SOUTH BROAD STREET PHILADELPHIA PA 19147 Bojan spassoff 2155517010 2011-07-12 1 Steve RosaCPA 2156433900 2009 2016-02-24 21:20:13Z Bojan Spassoff 1101 SOUTH BROAD STREET PHILADELPHIA PA 19147 5683444 0 X www.therockschool.org X 1992 PA to provide the highest quality dance training and educational instruction. 38 36 83 50 0 0 2030394 694445 3343279 3703665 34286 180125 484295 170417 5892254 4748652 524532 791882 0 1768012 1727335 0 305076 2925666 2820116 5218210 5339333 674044 -590681 6609438 5411978 2636216 2191076 3973222 3220902 The Rock School for Dance Education (The School) is dedicated to providing the highest quality classical ballet and dance training, with an emphasis on the preparation of gifted students for careers in dance with professional companies and education institutions. 0 0 1256692 276923 846372 Dance Program - The School has developed dancers for the premiere companies of the United States as well as a host of other internationally known ballet companies in Europe and Asia. It offers a full range of programs for all ages. The Rock School experience instills in students self-discipline and an eagerness to learn, enriching their lives regardless of the careers they ultimately pursue. 283340 47650 260119 RAPA - The Rock Academic Program Alliance (RAPA), a day and boarding program for grades nine through twelve, attracts a dedicated, diverse community of young dancers whose passion for dance is enhanced by a unique college preparatory curriculum. The accredited program provides flexibility in scheduling and individual support as well as dual preparation for artistic careers and higher education. Students move forward at a pace suited to their individual abilities and can earn both high school and college credits, critical to young artists who often spend their college years in professional companies. 756864 129900 648075 Residency - The Rock School Residence is located in the Marine Club Apartment Building directly across the street from the Rock Center, occupying sixteen apartments on one floor. The Residence Director and Assistants, who live on the floor with the students, provide 24 hour care for each student on an individual basis, ensuring students are well supported while living away from home. The Residence Director, Dean, School Directors and Board of Trustees work together to plan exciting, education and/or fun events and activities for the students. 1763689 337409 1949099 Rock Reach - Rock Reach is a multi-faceted arts education program that provides after-school activities designed to inspire and motivate inner city, at-risk youth to engage in their academics, develop their awareness of future oportunities, and channel their mental and physical energy into positive and constructive action. Rock Reach achieves it goals by implementing- 1. Residencies at 4 Public Schools 2. Reaching 5,000 inner city children through Dynamics of Dance program. This program includes wide lecture demonstrations and a full array of repertoire pieces. 3. Provide free long-term, after-school dance training to 25-30 inner-city children from low income families.Rock West - The Rock School West, located in West Chester, PA., offers instruction in ballet, tap, jazz, hip hop, theatre, and contemporary dance styles for all age groups. The School prepares talented young artists for careers as professional dancers, as well as providing an exceptional experience for those who simply enjoy dance as an activity. The School instills creativity, discipline and confidence and has seen firsthand how the study of dance can inspire productive work habits in students, other activities and careers.Summer - The Rock School Ballet Intensive is a selective, audition-only program that immerses the aspiring dancer in a 2,4, or 6 week ballet program with the talented Rock School faculty as well as outstanding guest faculty. 1763689 337409 1949099 4060585 1 1 0 1 0 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 0 0 0 0 0 0 1 0 0 0 1 37 0 1 83 1 0 0 0 0 0 1 1 0 0 1 0 0 38 36 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 0 1 1 0 PA X X Bojan Spassoff 2155517010 1101 SOUTH BROAD STREET PHILADELPHIA PA 19147 Bojan Spassoff 40.00 X X 118851 0 15133 Stephanie Wolf Spassoff 40.00 X 59373 0 0 Robert L Abramowitz 1.00 X 0 0 0 Linda Alle-Murphy 1.00 X 0 0 0 Diane Breckenridge 1.00 X 0 0 0 Nancy S Brodie 1.00 X X 0 0 0 Deborah L Chiumento 1.00 X 0 0 0 Michael DeLuca 1.00 X 0 0 0 Elizabeth Wallace Ellers 1.00 X 0 0 0 Louis Eni 1.00 X 0 0 0 Howard Fischer 1.00 X 0 0 0 Jennifer Franklin 1.00 X 0 0 0 Liza Herzog 1.00 X 0 0 0 John Hyman 1.00 X 0 0 0 Betsy J Joyce 1.00 X 0 0 0 Leroy Kean 1.00 X X 0 0 0 Gareth Keane 1.00 X 0 0 0 Carol Clark Lawrence 1.00 X 0 0 0 Phyllis Marshall 1.00 X 0 0 0 krista bard 1.00 X 0 0 0 Ronald Naples 1.00 X 0 0 0 Marianne C Raphaely 1.00 X 0 0 0 Suzane Schoch Rehl 1.00 X 0 0 0 Thomas J Reilly 1.00 X 0 0 0 Caro U Rock 1.00 X X 0 0 0 Constance W Benoliel-Rock 1.00 X 0 0 0 Robert Rock 1.00 X X 0 0 0 Susan Rock 1.00 X 0 0 0 Howard D Ross 1.00 X 0 0 0 Howard Sacks 1.00 X 0 0 0 Jeanne Scandura 1.00 X 0 0 0 Marjorie K Shiekman 1.00 X 0 0 0 Donna Slipakoff 1.00 X 0 0 0 Rebecca Thomas 1.00 X 0 0 0 Catherine Ulozas 1.00 X 0 0 0 Sherry Vvarrelman 1.00 X 0 0 0 Noele Wein 1.00 X 0 0 0 Randi Zemsky 1.00 X 0 0 0 178224 0 15133 1 0 0 0 Marine Club Apartments 1100 south Broad Street Philadelphia PA 19146 Student Housing 269316 12th Street Catering 312 Spring Garden Street Philadelphia PA 19104 Food Services-Student Cafe 257688 Goshen Equities 17000 Horizon Way Suite 100 Mt Laurel NJ 08054 Facilities Lease 160733 Your Part Time Controller 950 Kings Highway North Suite 101 Cherry Hill NJ 08034 Contractor- Accounting and bookkeeping s 130925 Cabrini College 610 king of prussia road radnor PA 19087 student housing - summer 111678 5 40282 410663 243500 694445 Tuition 611600 2192932 2192932 Housing and Other Stud 611600 1259891 1259891 Ticket Sales 611600 135499 135499 Coaching/Competition 611600 79965 79965 Audition Income 611600 35378 35378 3703665 6204 6204 8531 8531 8531 8531 997326 823405 173921 173921 173921 152333 40282 76834 75499 75499 41871 34553 7318 7318 Forgiveness of Debt 611600 72806 72806 Miscellaneous Income 611600 6263 6263 79069 4748652 3703665 0 350542 791882 791882 193357 116014 58007 19336 1315731 951164 245523 119044 112513 72889 28064 11560 105734 72812 22617 10305 166 166 160675 160675 68026 68026 2054 2054 40658 25558 15100 75364 71596 3768 62627 38829 18788 5010 113021 91277 10872 10872 301373 188931 91798 20644 93791 93791 289242 216932 57848 14462 74071 13152 60734 185 Student housing and Mea 456017 456017 Summer Programs 436616 436616 Performance Expense 238026 238026 Rock Dance Programs 201651 142432 51310 7909 Coaching and Competitio 63610 63610 143128 72848 56325 13955 5339333 4060585 973672 305076 206005 107705 24880 91840 38890 35738 35404 48908 46831 37741 9010 6918753 2050860 5068593 4867893 999535 164538 121078 116827 6609438 5411978 167962 185147 159052 188672 2309202 1817257 2636216 2191076 X 3785129 3017474 91840 101175 96253 102253 3973222 3220902 6609438 5411978 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 68026 68026 0 Part II-B, Line 1i: Explanation of Other Lobbying Activities: During the year the School incurred lobbying expenses through the use of consultants and lawyers providing guidance with issues that impact the organization the most and working to promote legislation, regulation, appropriation and/or procurements that are in the best interests of the School. 999535 6000 18411 859408 164538 1346008 8000 -272686 81787 999535 0.62150 0.37850 0 0 450000 450000 5015607 1001831 4013776 231843 189874 41969 1112510 823237 289273 108793 35918 72875 4867893 Deposits 24250 Goodwill 92577 116827 Note Payable and Long Term Debt 1172645 Line of Credit 500000 Deferred Rent & Deposits 144612 1817257 4748652 5339333 -590681 -161639 -161639 -752320 4713263 -161639 14863 111387 -35389 4748652 0 4748652 5465583 14863 111387 126250 5339333 0 5339333 Part V, Line 4: Description of Intended Use of Endowment Funds: The endowment funds are intended to provide scholarships for deserving dance students. Part X: Description of Uncertain Tax Positions Under FIN 48: The School qualifies as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. Accordingly, it is not subject to state or federal income taxes. The School follows the provisions of the income tax standard for uncertain tax positions. This standard prescribes a recognition threshold and measurement principles for the financial statement recognition and measurement of tax positions taken or expected to be taken on a tax return that are not certain to be realized. The application of this standard has had no impact on the financial statements. The School's tax returns are subject to review and examination by federal, state and local authorities. The tax returns for the years 2007 to 2009 are open to examination by federal, state and local authorities. Part XII, Line 2d - Other Adjustments: Directly related fundraising expenses: 76834. Boutique Merchandise Cost of Goods Sold: 34553. Part XIII, Line 2d - Other Adjustments: Directly related fundraising expenses: 76834. Boutique Merchandise Cost of Goods Sold: 34553. 1 1 1 Advertisements and articles about the school which appear in the media during the period of solicitation for students include a statement of its racially nondiscriminatory policy. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 FEDERAL GRANT FROM THE DEPARTMENT OF JUSTICE IN SUPPORT OF THE ROCK REACH PROGRAM, STATE GRANTS IN SUPPORT OF SOME OF THE SCHOOL'S NORMAL OPERATING EXPENSES, HUD GRANT, CULTURAL CORRIDOR GRANT 1 Scholarship Benefit 192615 40282 152333 0 3089 4500 25953 4866 38426 192615 40282 152333 3089 4500 25953 4866 38426 76834 75499 1 Scholarships to students 229 791882 0 FMV N/A Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Scholarships are granted to eligible students. The school closely monitors all grant funds and disburses to students based on the school's eligibilty requirements. Form 990, Part VI, Section A, line 2 The following people have a family relationship: Bojan Spassoff - President & Director Stephanie Wolf Spassoff - Director Alexander Spassoff - Communications Director Form 990, Part VI, Section B, line 11 The Board of Directors will receive a copy of the 990 and The Finance committee will review and approve the 990 before it is filed with the IRS. Form 990, Part VI, Section B, line 12c The School expects our employees to conduct business according to the highest ethical standards of conduct. Employees are expected to devote their best efforts to the interests of The School. Business dealings that appear to create a conflict between the interests of The School and an employee are unacceptable. The School recognizes the right of employees to engage in activities outside of their employment which are of a private nature and unrelated to our business. However, the employee must disclose any possible conflicts so that The School may assess and prevent potential conflicts of interest from arising. A potential or actual conflict of interest occurs whenever an employee is in a position to influence a decision that may result in a personal gain for the employee or an immediate family member (i.e., spouse or significant other, children, parents, siblings) as a result of The School's business dealings. Although it is not possible to specify every action that might create a conflict of interest, this policy sets forth those that most frequently present problems. If an employee has any question whether an action or proposed course of conduct would create a conflict of interest, he or she should immediately contact the Directors of The School to obtain advice on the issue. The purpose of this policy is to protect employees from any conflict of interest that might arise. A violation of this policy will result in immediate and appropriate discipline, up to and including immediate termination. Form 990, Part VI, Section B, line 15 The Compensation Committee of the School's Board of Trustees, comprised of three independent trustees, manages the process for determining the compensation of the Executive Director, co-Director, other officers and key employees. This Committee uses comparables of similar artistic organizations along with economic and budgetary considerations to determine compensation levels including salaries, bonus opportunities, and benefits. Bonuses are paid based on performance measured against financial, organizational, and artistic objectives. The Compensation Committee makes its recommendation to the Executive Committee of the Board for review and approval. This process was most recently conducted during the year covered by this return. Form 990, Part VI, Section C, line 19 Financial Statements of the School are available on the PA CDP website. Form 990, Part XI, Line 2c. School's oversight process over the audited financial statements? This process has not changed from the prior year. Milton and Shirley rock foundation 1845 walnut street suite 900 philadelphia PA 19103 222670682 Loan PA 501(c)(3) N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0