2011-01-14T15:25:00-06:00 2010-08-31 WIPFLI LLP 10000 INNOVATION DRIVE SUITE 250 MILWAUKEE WI 532264837 990 2009-09-01 390915050 Wisconsin Conservatory of Music Inc WISC 4142765760 1584 North Prospect Avenue Milwaukee WI 53202 Karen Deschere 4142765760 2011-01-13 1 Dave Globig CPA 4144319300 2011-01-13 2009 2016-02-24 21:20:13Z Karen Deschere 1584 N Prospect Avenue Milwaukee WI 53202 2529487 0 X www.wcmusic.org X 1899 WI 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. 21 21 121 50 0 0 655948 901399 1649773 1524579 31055 23927 183791 79582 2520567 2529487 0 0 1915109 1646460 0 180988 1005629 876314 2920738 2522774 -400171 6713 4467621 4599017 561478 663833 3906143 3935184 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. 1 0 1308123 1109873 Music instruction including individual lessons, group classes and ensembles at one of our three branch locations. 479400 369486 Conservatory Connections - fee for service contracts providing music education to schools and community centers. 188596 124802 Music Therapy - Fee for service contracts providing music therapy services to senior centers, nursing homes, centers for disabled, etc. 1976119 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 121 1 0 0 0 0 0 0 1 1 0 0 21 21 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WI X X Karen Deschere 4142765760 1584 N Prospect Ave Milwaukee WI 53202 Carol A Gehl 3.00 X X 0 0 0 James A Holtz 3.00 X X 0 0 0 James F Duca II 2.00 X X 0 0 0 Kurt J Thomas 2.00 X X 0 0 0 William H Bonifas 2.00 X X 0 0 0 Robert Banner 2.00 X 0 0 0 Patricia A Borger 2.00 X 0 0 0 Robert C Bourgeois 2.00 X 0 0 0 Elizabeth L Elser 2.00 X 0 0 0 Miriam Fleming 2.00 X 0 0 0 Alan Giuffre 2.00 X 0 0 0 Edward J Hammond 2.00 X 0 0 0 Katharine A Mallin 2.00 X 0 0 0 Gregory S Marcus 2.00 X 0 0 0 Robert G Petrie Jr 2.00 X 0 0 0 Glen Ponczak 2.00 X 0 0 0 John D Rumpf 2.00 X 0 0 0 Mary Alice Wann 2.00 X 0 0 0 Ralph A Weber 2.00 X 0 0 0 Terrence Wilkinson 2.00 X 0 0 0 James A Wolter 2.00 X 0 0 0 karen deschere 40.00 X 96685 0 7543 Kristie Minnickel 40.00 X 0 0 0 96685 0 7543 0 0 0 0 0 901399 36874 901399 TUITION & FEES 611600 1163520 1163520 CONTRACTS & PROGRAM FE 611600 361059 361059 1524579 23927 23927 PERFORMANCES & TICKETS 711190 41157 41157 CD SALES & OTHER 711190 38425 38425 79582 2529487 1604161 0 23927 1406205 1166702 110834 128669 135154 90580 27064 17510 105101 84188 11553 9360 62921 31815 25774 5332 9475 3244 6191 40 133778 106143 11264 16371 141975 141975 5993 5025 947 21 4893 4232 113 548 15470 15470 165447 165447 39920 39920 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 6569 3612 2578 379 2522774 1976119 365667 180988 101352 117716 113850 233147 37346 46383 8274 11178 11315 5256341 1835554 3549845 3420787 654050 761395 4467621 4599017 26352 28374 135126 130459 400000 505000 561478 663833 X 2982375 2817883 269217 408909 654551 708392 3906143 3935184 4467621 4599017 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 654050 48508 62021 23473 741106 926513 8815 -1278 280000 654050 0.96000 0.04000 0 0 232675 232675 3533580 897507 2636073 64132 52939 11193 1235440 694594 540846 190514 190514 0 3420787 MONEY MARKET FUNDS 757106 F Building Fund 4289 F 761395 LINE OF CREDIT 505000 505000 2529487 2522774 6713 30167 -7839 22328 29041 2559654 30167 30167 2529487 0 2529487 2530613 7839 7839 2522774 0 2522774 1 0 1 Policy is evidenced by photographs included in annual report 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 X X X X X 0 0 0 0 0 0 0 0 0 X Donated equipment 18 36874 Estimated FMV 0 1 0 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.