WISCONSIN CONSERVATORY OF MUSIC INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- WISCONSIN CONSERVATORY OF MUSIC INC (EIN 39-0915050)
- Tax period
- 2009-09-01 to 2010-08-31
- Filed
- 2011-01-14
- IRS object ID
- 201120149349300312
- Schema version
- 2009v1.7
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-01-14T15:25:00-06:00 | Timestamp |
| Tax Period End Date | 2010-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WIPFLI LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10000 INNOVATION DRIVE SUITE 250 | AddressLine1 |
| City | MILWAUKEE | City |
| State | WI | State |
| ZIP Code | 532264837 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390915050 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wisconsin Conservatory of Music Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WISC | NameControl |
| Phone | 4142765760 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1584 North Prospect Avenue | AddressLine1 |
| City | Milwaukee | City |
| State | WI | State |
| ZIP Code | 53202 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Karen Deschere | Name |
| Title | President & CEO | Title |
| Phone | 4142765760 | Phone |
| Date Signed | 2011-01-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Dave Globig CPA | Name |
| Phone | 4144319300 | Phone |
| Date Prepared | 2011-01-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Karen Deschere | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1584 N Prospect Avenue | AddressLine1 |
| City | Milwaukee | City |
| State | WI | State |
| ZIP Code | 53202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2529487 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.wcmusic.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1899 | YearFormation |
| State Legal Domicile | WI | StateLegalDomicile |
| Activity Or Mission Description | The mission of the Wisconsin Conservatory of Music is to provide the finest musical education and performance opportunities to aspiring professional musicians and anyone else desiring cultural enrichment and self-fulfillment. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 121 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 655948 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 901399 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1649773 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1524579 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 31055 | InvestmentIncomePriorYear |
| Investment Income Current Year | 23927 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 183791 | OtherRevenuePriorYear |
| Other Revenue Current Year | 79582 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2520567 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2529487 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1915109 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1646460 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 180988 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1005629 | OtherExpensePriorYear |
| Other Expenses Current Year | 876314 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2920738 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2522774 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -400171 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6713 | RevenuesLessExpensesCY |
| Total Assets BOY | 4467621 | TotalAssetsBOY |
| Total Assets EOY | 4599017 | TotalAssetsEOY |
| Total Liabilities BOY | 561478 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 663833 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3906143 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3935184 | NetAssetsOrFundBalancesEOY |
| Mission Description | The mission of the Wisconsin Conservatory of Music is to provide the finest musical education and performance opportunities to aspiring professional musicians and anyone else desiring cultural enrichment and self-fulfillment. | MissionDescription |
| Significant New Program Services | 1 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1308123 | Expense |
| Revenue | 1109873 | Revenue |
| Description | Music instruction including individual lessons, group classes and ensembles at one of our three branch locations. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 479400 | Expense |
| Revenue | 369486 | Revenue |
| Description | Conservatory Connections - fee for service contracts providing music education to schools and community centers. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 188596 | Expense |
| Revenue | 124802 | Revenue |
| Description | Music Therapy - Fee for service contracts providing music therapy services to senior centers, nursing homes, centers for disabled, etc. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 1976119 | 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 |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | 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 | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| 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 | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 8 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 121 | 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 | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 1 | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 1 | NumberOf8282Filed |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | 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 | 0 | 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 | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | WI | 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 | Karen Deschere | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4142765760 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1584 N Prospect Ave | AddressLine1 |
| City | Milwaukee | City |
| State | WI | State |
| ZIP Code | 53202 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| Carol A Gehl | ||||||
| Chair | 3.00 | X | X | 0 | 0 | 0 |
| James A Holtz | ||||||
| Vice Chair | 3.00 | X | X | 0 | 0 | 0 |
| James F Duca II | ||||||
| Treasurer | 2.00 | X | X | 0 | 0 | 0 |
| Kurt J Thomas | ||||||
| Secretary | 2.00 | X | X | 0 | 0 | 0 |
| William H Bonifas | ||||||
| Immediate Past Chair | 2.00 | X | X | 0 | 0 | 0 |
| Robert Banner | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Patricia A Borger | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Robert C Bourgeois | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Elizabeth L Elser | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Miriam Fleming | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Alan Giuffre | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Edward J Hammond | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Katharine A Mallin | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Gregory S Marcus | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Robert G Petrie Jr | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Glen Ponczak | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| John D Rumpf | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Mary Alice Wann | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Ralph A Weber | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Terrence Wilkinson | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| James A Wolter | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| karen deschere | ||||||
| president & ceo | 40.00 | X | 96685 | 0 | 7543 | |
| Kristie Minnickel | ||||||
| Vice President | 40.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 96685 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 7543 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 901399 | AllOtherContributions |
| Noncash Contributions | 36874 | NoncashContributions |
| Total Contributions | 901399 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611600 | 1163520 | 1163520 |
| CONTRACTS & PROGRAM FE | 611600 | 361059 | 361059 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1524579 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 23927 | TotalRevenueColumn |
| Exclusion | $23,927 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PERFORMANCES & TICKETS | 711190 | 41157 | 41157 |
| CD SALES & OTHER | 711190 | 38425 | 38425 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 79582 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2529487 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1604161 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $23,927 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1406205 | Total |
| Program Services | 1166702 | ProgramServices |
| Management And General | 110834 | ManagementAndGeneral |
| Fundraising | 128669 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 135154 | Total |
| Program Services | 90580 | ProgramServices |
| Management And General | 27064 | ManagementAndGeneral |
| Fundraising | 17510 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105101 | Total |
| Program Services | 84188 | ProgramServices |
| Management And General | 11553 | ManagementAndGeneral |
| Fundraising | 9360 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62921 | Total |
| Program Services | 31815 | ProgramServices |
| Management And General | 25774 | ManagementAndGeneral |
| Fundraising | 5332 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9475 | Total |
| Program Services | 3244 | ProgramServices |
| Management And General | 6191 | ManagementAndGeneral |
| Fundraising | 40 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133778 | Total |
| Program Services | 106143 | ProgramServices |
| Management And General | 11264 | ManagementAndGeneral |
| Fundraising | 16371 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 141975 | Total |
| Program Services | 141975 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5993 | Total |
| Program Services | 5025 | ProgramServices |
| Management And General | 947 | ManagementAndGeneral |
| Fundraising | 21 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4893 | Total |
| Program Services | 4232 | ProgramServices |
| Management And General | 113 | ManagementAndGeneral |
| Fundraising | 548 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15470 | Total |
| Program Services | 15470 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 165447 | Total |
| Management And General | 165447 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39920 | Total |
| Program Services | 39920 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| SCHOLARSHIPS AND FINANC | 208924 | 208924 | ||
| Artist fees | 44226 | 43991 | 135 | 100 |
| Instrument purchase and | 18122 | 18122 | ||
| EVENT EXPENSES | 13979 | 11152 | 917 | 1910 |
| Dues and subscriptions | 4622 | 1024 | 2850 | 748 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6569 | Total |
| Program Services | 3612 | ProgramServices |
| Management And General | 2578 | ManagementAndGeneral |
| Fundraising | 379 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2522774 | Total |
| Program Services | 1976119 | ProgramServices |
| Management And General | 365667 | ManagementAndGeneral |
| Fundraising | 180988 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101352 | BOY |
| EOY | 117716 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113850 | BOY |
| EOY | 233147 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37346 | BOY |
| EOY | 46383 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 8274 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11178 | BOY |
| EOY | 11315 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 5256341 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1835554 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3549845 | BOY |
| EOY | 3420787 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 654050 | BOY |
| EOY | 761395 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4467621 | BOY |
| EOY | 4599017 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26352 | BOY |
| EOY | 28374 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 135126 | BOY |
| EOY | 130459 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 400000 | BOY |
| EOY | 505000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 561478 | BOY |
| EOY | 663833 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2982375 | BOY |
| EOY | 2817883 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 269217 | BOY |
| EOY | 408909 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 654551 | BOY |
| EOY | 708392 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3906143 | BOY |
| EOY | 3935184 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4467621 | BOY |
| EOY | 4599017 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
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 | 654050 | BeginningOfYearBalance |
| Contributions | 48508 | Contributions |
| Investment Earnings Or Losses | 62021 | InvestmentEarningsOrLosses |
| Other Expenditures | 23473 | OtherExpenditures |
| End Of Year Balance | 741106 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 926513 | BeginningOfYearBalance |
| Contributions | 8815 | Contributions |
| Investment Earnings Or Losses | -1278 | InvestmentEarningsOrLosses |
| Other Expenditures | 280000 | OtherExpenditures |
| End Of Year Balance | 654050 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.96000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.04000 | 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 | 232675 | OtherCostOrOtherBasis |
| Book Value | 232675 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3533580 | OtherCostOrOtherBasis |
| Depreciation | 897507 | Depreciation |
| Book Value | 2636073 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 64132 | OtherCostOrOtherBasis |
| Depreciation | 52939 | Depreciation |
| Book Value | 11193 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1235440 | OtherCostOrOtherBasis |
| Depreciation | 694594 | Depreciation |
| Book Value | 540846 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 190514 | OtherCostOrOtherBasis |
| Depreciation | 190514 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 3420787 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MONEY MARKET FUNDS | 757106 | F |
| Building Fund | 4289 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 761395 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LINE OF CREDIT | Description |
| Amount | $505,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 505000 | TotalOfAmounts |
| Total Revenue | 2529487 | TotalRevenue |
| Total Expenses | 2522774 | TotalExpenses |
| Excess Or Deficit For Year | 6713 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 30167 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | -7839 | DonatedServicesAndFacilities |
| Total Adjustments | 22328 | TotalAdjustments |
| Excess Or Deficit Per FS | 29041 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 2559654 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 30167 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 30167 | RevenueNotRptdF990 |
| Revenue Subtotal | 2529487 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2529487 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2530613 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 7839 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 7839 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2522774 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2522774 | TotalExpensesPerForm990 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 0 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | Policy is evidenced by photographs included in annual report | PubViaBroadcastMediaExpln |
| 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 | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Donated equipment | Description |
| Number Of Contributions | 18 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 36874 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Estimated FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part III, line 2 | New Program Services | The Wisconsin Conservatory of Music received funding to create a Jazz Institute which broadened and deepened the jazz programming already established. |
| Form 990, Part VI, Section B, line 11 | The Form 990 was reviewed by the Chairman, President, and Treasurer prior to filing with the Internal Revenue Service | |
| Form 990, Part VI, Section B, line 12c | Conflict of interest forms are distributed and reviewed annually. If there is some kind of conflict it is disclosed and discussed. | |
| Form 990, Part VI, Section B, line 15 | 1. Review and approval. The compensation of the CEO is reviewed and approved by the Board of Trustees and/or executive committee of the Conservatory, provided that persons with conflicts of interest with respect to the compensation arrangement issue are not involved in this review and approval. 2. Use of data as to comparable compensation. The compensation of the person is reviewed, benchmarked and approved using data from the National Guild of Community Schools of the Arts and the Nonprofit Resource Center in Milwaukee. 3. Contemporaneous documentation and recordkeeping. Minutes and/or notes from the meetings where executive compensation matters are discussed will be maintained in the same manner as with other Trustee documents. | |
| Form 990, Part VI, Section C, line 19 | A Financial overview is included in the Annual Report which is distributed to donors and available on the organization's website. The audit report, conflict of interest or other governing documents are made available upon request. |
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