CURTIS INSTITUTE OF MUSIC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CURTIS INSTITUTE OF MUSIC (EIN 23-1585611)
- Tax period
- 2022-06-01 to 2023-05-31
- Filed
- 2024-03-15
- IRS object ID
- 202440759349300739
- Schema version
- 2022v5.0
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-03-15T10:59:55-05:00 | ReturnTs |
| Tax Period End | 2023-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO INTERNATIONAL PLACE 22ND FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231585611 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CURTIS INSTITUTE OF MUSIC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CURT | BusinessNameControlTxt |
| Phone | 2158935252 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1726 LOCUST STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAWRENCE BOMBACK | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2158935252 | PhoneNum |
| Signature | 2024-03-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LAWRENCE | PersonFirstNm |
| Person Last | BOMBACK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA J KENNEY | PreparerPersonNm |
| PTIN | P00202198 | PTIN |
| Phone | 6177170831 | PhoneNum |
| Preparation | 2024-03-07 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROBERTO DIAZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1726 LOCUST STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $91,909,848 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CURTIS.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1924 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | TO EDUCATE & TRAIN EXCEPTIONALLY GIFTED YOUNG MUSICIANS TO ENGAGE A LOCAL & GLOBAL COMMUNITY | ActivityOrMissionDesc |
| Voting Members Governing Body | 33 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 29 | VotingMembersIndependentCnt |
| Total Employee | 396 | TotalEmployeeCnt |
| Total Volunteers | 250 | TotalVolunteersCnt |
| Total Gross UBI | -$16,214 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $38,087,405 | PYContributionsGrantsAmt |
| CY Contributions Grants | $36,295,162 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,985,418 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,610,164 | CYProgramServiceRevenueAmt |
| PY Investment Income | $24,762,273 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,473,994 | CYInvestmentIncomeAmt |
| PY Other Revenue | $61,486 | PYOtherRevenueAmt |
| CY Other Revenue | $134,473 | CYOtherRevenueAmt |
| PY Total Revenue | $65,896,582 | PYTotalRevenueAmt |
| CY Total Revenue | $43,513,793 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,160,967 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,605,297 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,336,273 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $13,609,472 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $22,748 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $93,171 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,856,869 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,535,145 | PYOtherExpensesAmt |
| CY Other Expenses | $15,566,819 | CYOtherExpensesAmt |
| PY Total Expenses | $26,055,133 | PYTotalExpensesAmt |
| CY Total Expenses | $30,874,759 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $39,841,449 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,639,034 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $375,391,914 | TotalAssetsBOYAmt |
| Total Assets EOY | $369,843,342 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $16,566,699 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,557,503 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $358,825,215 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $366,285,839 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE CURTIS INSTITUTE OF MUSIC, LOCATED IN PHILADELPHIA, PENNSYLVANIA, WAS FOUNDED IN 1924 TO EDUCATE AND TRAIN EXCEPTIONALLY GIFTED YOUNG MUSICIANS TO ENGAGE A GLOBAL COMMUNITY THROUGH MUSIC. (CONTINUED ON SCHEDULE O.)THE INSTITUTE IS A TUITION-FREE MUSIC CONSERVATORY THAT IS SUPPORTED PRIMARILY BY ENDOWMENT AND ANNUAL GIVING. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $14,850,890 | ExpenseAmt |
| Grant | $1,551,797 | GrantAmt |
| Revenue | $1,920,250 | RevenueAmt |
| Desc | THE CURTIS INSTITUTE OF MUSIC IS A TUITION-FREE SCHOOL OF MUSIC THAT STRIVES TO EDUCATE AND TRAIN EXCEPTIONALLY GIFTED MUSICIANS TO ENGAGE A GLOBAL COMMUNITY THROUGH MUSIC. STUDENTS RECEIVE PERSONALIZED ATTENTION FROM THE INSTITUTE'S CELEBRATED FACULTY, WITH A STUDENT BODY OF 153 AND 121 FACULTY MEMBERS. CURTIS ALSO OWNS AND OPERATES A DORMITORY BUILDING WITH FULL DINING SERVICES FOR ITS ON-CAMPUS STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,769,182 | ExpenseAmt |
| Grant | $53,500 | GrantAmt |
| Revenue | $1,689,914 | RevenueAmt |
| Desc | CURTIS PRESENTS OVER 175 PUBLIC PERFORMANCES EACH YEAR FEATURING STUDENTS, ALUMNI, AND FACULTY, GIVING THEM OPPORTUNITIES TO HONE THEIR CRAFT AND SHAPE THEIR ARTISTIC POINT-OF VIEW ON STAGE IN FRONT OF LIVE AUDIENCES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $21,620,072 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 475 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 396 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 33 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 29 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MITCHELL BILKER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2157173118 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1726 LOCUST STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| ROBERTO DIAZ | |||||||||
| PRESIDENT/TRUSTEE | 37.50 | 0.00 | Yes (X) | Yes (X) | $654,462 | $0 | $229,338 | ||
| LAWRENCE BOMBACK | |||||||||
| TREASURER | 37.50 | 0.00 | Yes (X) | $304,581 | $0 | $42,618 | |||
| VINCENT FORD | |||||||||
| SR VP DIGITAL STRATEGY & INNOVATION | 37.50 | 0.00 | $247,170 | $0 | $27,463 | Yes (X) | |||
| EDWARD GAZOULEAS | |||||||||
| PROVOST | 37.50 | 0.00 | $185,504 | $0 | $37,888 | Yes (X) | |||
| KIMBERLY GOULD | |||||||||
| MANAGING DIRECTOR, HUMAN RESOURCES | 37.50 | 0.00 | $193,038 | $0 | $17,037 | Yes (X) | |||
| PAMELA FRANK | |||||||||
| AXELROD CHAIR IN VIOLIN STUDIES | 12.50 | 0.00 | $157,520 | $0 | $29,384 | Yes (X) | |||
| MARCELA GENEROSE | |||||||||
| MANAGING DIRECTOR, DEVELOPMENT | 37.50 | 0.00 | $166,733 | $0 | $15,978 | Yes (X) | |||
| IDA KAVAFIAN | |||||||||
| VON MALTZAHN CHAIR IN VIOLIN STUDIES | 12.50 | 0.00 | $147,573 | $0 | $12,755 | Yes (X) | |||
| MARY CLAIRE SULLIVAN | |||||||||
| SECRETARY | 37.50 | 0.00 | Yes (X) | $100,853 | $0 | $15,371 | |||
| NICHOLAS A DIBERARDINO | |||||||||
| TRUSTEE/FACULTY MEMBER | 37.50 | 0.00 | Yes (X) | $79,746 | $0 | $20,052 | |||
| ANTHONY MCGILL | |||||||||
| TRUSTEE/FACULTY MEMBER | 37.50 | 0.00 | Yes (X) | $55,455 | $0 | $0 | |||
| MICHELLE CANN | |||||||||
| TRUSTEE/FACULTY MEMBER | 37.50 | 0.00 | Yes (X) | $25,564 | $0 | $0 | |||
| DEBORAH M FRETZ | |||||||||
| CHAIR/TRUSTEE | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| EDWARD A MONTGOMERY JR | |||||||||
| VICE-CHAIR/TRUSTEE | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LOUIS BARBARIN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| VICTORIA BOK | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM BRODY | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANTHONY B CREAMER III | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GORDON FOWLER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JUDITH FREYER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MIGNON GROCH | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM HORN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARSHA HUNTER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW JACOBS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LINDA E JOHNSON | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LISA LIEM | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| YUEN SUNG LIU | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CONNIE B MCCANN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN H MCFADDEN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| FRANK J MECHURA | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN J MEDVECKIS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT H MUNDHEIM | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROY NEFF | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| C RICHARD NEU | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT H ROCK | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK E RUBENSTEIN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHIONA SCHWARZ | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAY TOLSON | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PENELOPE P WATKINS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BETTY WHELCHEL | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JERRY WIND | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,318,199 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $447,884 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 29 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| INTECH CONSTRUCTION INC | |||||
| 3020 MARKET STREET | PHILADELPHIA | PA | 19104 | RENOVATIONS / BUILDING MAINTENANCE | $2,433,902 |
| BON APPETIT MANAGEMENT COMPANY | |||||
| PO BOX 417632 | BOSTON | MA | 022417632 | DINING SERVICES | $884,959 |
| ELLIOTT-LEWIS CORPORATION | |||||
| 2900 BLACK LAKE PLACE | PHILADELPHIA | PA | 19154 | BUILDING MAINTENANCE | $635,588 |
| KNAPP MASONRY LLC | |||||
| 121 CHARLES ROAD | MAGNOLIA | NJ | 08049 | RENOVATIONS / BUILDING MAINTENANCE | $628,930 |
| ALLIED UNIVERSAL | |||||
| 161 WASHINGTON STREET SUITE 600 | CONSHOHOCKEN | PA | 19428 | SECURITY SERVICES | $547,118 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 29 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $483,450 | FundraisingAmt |
| Related Organizations | $4,212,371 | RelatedOrganizationsAmt |
| Government Grants | $2,929,853 | GovernmentGrantsAmt |
| All Other Contributions | $28,669,488 | AllOtherContributionsAmt |
| Noncash Contributions | $2,071,674 | NoncashContributionsAmt |
| Total Contributions | $36,295,162 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CONCERT AND TOURING INCOME | 711130 | $1,689,914 | $1,689,914 |
| DORMITORY REVENUE | 721310 | $1,052,805 | $1,052,805 |
| STUDENT FEES | 611310 | $805,207 | $805,207 |
| RECORDING INCOME | 711130 | $34,099 | $34,099 |
| SUMMER AND ONLINE PROGRAMS | 611310 | $25,598 | $25,598 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,541 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,541 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,610,164 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,853,319 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$16,214 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,869,533 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,546 | TotalRevenueColumnAmt |
| Exclusion | $6,546 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,050 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,050 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,050 | TotalRevenueColumnAmt |
| Exclusion | $5,050 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $48,926,317 | SecuritiesAmt |
| Other | $4,980 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $48,310,622 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $615,695 | SecuritiesAmt |
| Other | $4,980 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $620,675 | TotalRevenueColumnAmt |
| Exclusion | $620,675 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $85,433 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $483,450 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $85,433 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| REFUNDS | 900099 | $60,687 | $60,687 |
| ADMINISTRATIVE FEE | 561000 | $42,000 | $42,000 |
| MISCELLANEOUS | 900099 | $20,190 | $20,190 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $122,877 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $43,513,793 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,610,164 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$16,214 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,624,681 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,605,297 | TotalAmt |
| Program Services | $1,605,297 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,847,425 | TotalAmt |
| Program Services | $455,068 | ProgramServicesAmt |
| Management And General | $719,093 | ManagementAndGeneralAmt |
| Fundraising | $673,264 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,773,134 | TotalAmt |
| Program Services | $7,213,977 | ProgramServicesAmt |
| Management And General | $2,032,707 | ManagementAndGeneralAmt |
| Fundraising | $526,450 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $569,998 | TotalAmt |
| Program Services | $465,787 | ProgramServicesAmt |
| Management And General | $64,377 | ManagementAndGeneralAmt |
| Fundraising | $39,834 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $705,279 | TotalAmt |
| Program Services | $545,766 | ProgramServicesAmt |
| Management And General | $96,095 | ManagementAndGeneralAmt |
| Fundraising | $63,418 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $713,636 | TotalAmt |
| Program Services | $529,090 | ProgramServicesAmt |
| Management And General | $107,616 | ManagementAndGeneralAmt |
| Fundraising | $76,930 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,145 | TotalAmt |
| Management And General | $85,145 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,424 | TotalAmt |
| Management And General | $153,424 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,000 | TotalAmt |
| Management And General | $104,000 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,171 | TotalAmt |
| Fundraising | $93,171 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,334,303 | TotalAmt |
| Management And General | $1,334,303 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,241,216 | TotalAmt |
| Program Services | $860,735 | ProgramServicesAmt |
| Management And General | $288,067 | ManagementAndGeneralAmt |
| Fundraising | $92,414 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $792,160 | TotalAmt |
| Management And General | $789,542 | ManagementAndGeneralAmt |
| Fundraising | $2,618 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $681,190 | TotalAmt |
| Program Services | $315,020 | ProgramServicesAmt |
| Management And General | $323,527 | ManagementAndGeneralAmt |
| Fundraising | $42,643 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $416,756 | TotalAmt |
| Program Services | $333,666 | ProgramServicesAmt |
| Management And General | $68,001 | ManagementAndGeneralAmt |
| Fundraising | $15,089 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,701,824 | TotalAmt |
| Program Services | $1,464,310 | ProgramServicesAmt |
| Management And General | $171,297 | ManagementAndGeneralAmt |
| Fundraising | $66,217 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,381,745 | TotalAmt |
| Program Services | $1,310,202 | ProgramServicesAmt |
| Management And General | $47,475 | ManagementAndGeneralAmt |
| Fundraising | $24,068 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,276 | TotalAmt |
| Program Services | $22,651 | ProgramServicesAmt |
| Management And General | $135,283 | ManagementAndGeneralAmt |
| Fundraising | $3,342 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $870 | TotalAmt |
| Management And General | $870 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,093,035 | TotalAmt |
| Program Services | $1,845,565 | ProgramServicesAmt |
| Management And General | $178,478 | ManagementAndGeneralAmt |
| Fundraising | $68,992 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $409,268 | TotalAmt |
| Program Services | $352,150 | ProgramServicesAmt |
| Management And General | $41,194 | ManagementAndGeneralAmt |
| Fundraising | $15,924 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PRODUCTION COSTS | $3,421,163 | $3,421,163 | ||
| DINING SERVICE/CATERING | $1,014,298 | $431,176 | $546,157 | $36,965 |
| SCHOOL OPERATIONS | $252,196 | $223,775 | $20,070 | $8,351 |
| INSTRUMENT MAINTENANCE | $172,905 | $172,905 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,045 | TotalAmt |
| Program Services | $51,769 | ProgramServicesAmt |
| Management And General | $91,097 | ManagementAndGeneralAmt |
| Fundraising | $7,179 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,874,759 | TotalAmt |
| Program Services | $21,620,072 | ProgramServicesAmt |
| Management And General | $7,397,818 | ManagementAndGeneralAmt |
| Fundraising | $1,856,869 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,684,639 | BOYAmt |
| EOY | $2,607,034 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,278,618 | BOYAmt |
| EOY | $2,111,733 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,680,428 | BOYAmt |
| EOY | $52,343,439 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,391 | BOYAmt |
| EOY | $1,744,079 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $492,176 | BOYAmt |
| EOY | $433,123 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $546,160 | BOYAmt |
| EOY | $830,564 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $140,119,937 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $39,069,337 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,475,908 | BOYAmt |
| EOY | $101,050,600 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,267,899 | BOYAmt |
| EOY | $57,361,252 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,221,300 | BOYAmt |
| EOY | $149,490,863 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,574,395 | BOYAmt |
| EOY | $1,870,655 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $375,391,914 | BOYAmt |
| EOY | $369,843,342 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,015,288 | BOYAmt |
| EOY | $1,560,919 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,584 | BOYAmt |
| EOY | $153,973 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,500,000 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,962,827 | BOYAmt |
| EOY | $1,842,611 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,566,699 | BOYAmt |
| EOY | $3,557,503 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,191,044 | BOYAmt |
| EOY | $130,855,127 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $226,634,171 | BOYAmt |
| EOY | $235,430,712 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $358,825,215 | BOYAmt |
| EOY | $366,285,839 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $375,391,914 | BOYAmt |
| EOY | $369,843,342 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,639,034 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$5,463,283 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $284,873 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $104,000 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $104,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE INSTITUTE ENGAGED WITH A LOBBYING CONSULTANT IN ORDER TO SECURE A $2,000,000 RACP GRANT FROM THE COMMONWEALTH OF PENNSYLVANIA. THIS GRANT WAS AWARDED IN FY22. DURING FY23, THE LOBBYING CONSULTANT CONTINUED TO WORK ON BEHALF OF THE INSTITUTE TO SECURE PAYMENT OF THE GRANT FUNDS. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $10,457,486 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | MUSIC EDUCATION | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $222,507,085 | BeginningYearBalanceAmt |
| Contributions | $13,002,864 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,412,944 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $26,743,986 | OtherExpendituresAmt |
| End Year Balance | $205,353,019 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $253,529,786 | BeginningYearBalanceAmt |
| Contributions | $2,192,235 | ContributionsAmt |
| Investment Earnings Or Losses | -$23,456,207 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $9,758,729 | OtherExpendituresAmt |
| End Year Balance | $222,507,085 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $179,077,026 | BeginningYearBalanceAmt |
| Contributions | $12,665,310 | ContributionsAmt |
| Investment Earnings Or Losses | $69,878,981 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,091,531 | OtherExpendituresAmt |
| End Year Balance | $253,529,786 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $169,103,801 | BeginningYearBalanceAmt |
| Contributions | $10,131,786 | ContributionsAmt |
| Investment Earnings Or Losses | $8,398,096 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,556,657 | OtherExpendituresAmt |
| End Year Balance | $179,077,026 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $167,288,256 | BeginningYearBalanceAmt |
| Contributions | $11,728,084 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,476,204 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,436,335 | OtherExpendituresAmt |
| End Year Balance | $169,103,801 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.14122 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.74999 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.10879 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,848,261 | OtherCostOrOtherBasisAmt |
| Book Value | $13,848,261 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $98,645,213 | OtherCostOrOtherBasisAmt |
| Depreciation | $26,782,742 | DepreciationAmt |
| Book Value | $71,862,471 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $26,765,567 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,286,595 | DepreciationAmt |
| Book Value | $14,478,972 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $860,896 | OtherCostOrOtherBasisAmt |
| Book Value | $860,896 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $101,050,600 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| COMMODITY FUNDS | $729,665 | F |
| COMMINGLED FUNDS | $108,097,938 | F |
| HEDGE FUNDS | $32,895,893 | F |
| REAL ESTATE FUNDS | $3,596,390 | F |
| PRIVATE EQUITY FUNDS | $4,170,977 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $149,490,863 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED COMPENSATION | $786,481 |
| SPLIT-INTEREST LIABILITIES | $853,217 |
| LEASE LIABILITIES | $202,913 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,842,611 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $37,068,679 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$5,463,283 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $24,166 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $284,873 | OtherRevenueAmt |
| Revenue Not Reported | -$5,154,244 | RevenueNotReportedAmt |
| Revenue Subtotal | $42,222,923 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,334,303 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$43,433 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,290,870 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $43,513,793 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $29,608,055 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $24,166 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $43,433 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $67,599 | ExpensesNotReportedAmt |
| Expenses Subtotal | $29,540,456 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,334,303 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $1,334,303 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $30,874,759 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE INSTITUTE'S COLLECTIONS CONSIST OF FINE ART AND FINE MUSICAL INSTRUMENTS WHICH ARE USED FOR PUBLIC EXHIBITION AND THE MUSICAL EDUCATION OF ITS STUDENTS. |
| PART V, LINE 4: | ENDOWMENT EARNINGS FUND THE INSTITUTE'S OPERATIONS AND ENABLE THE SCHOOL TO CONTINUE THE POLICY OF AWARDING MERIT-BASED FULL TUITION SCHOLARSHIPS TO STUDENTS. USE OF ENDOWMENT FUNDS ARE DETERMINED BY DONOR RESTRICTION IF PRESENT. |
| PART X, LINE 2: | THE INSTITUTE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. OPEN PERIODS SUBJECT TO AUDIT ARE GENERALLY THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN BY THE INSTITUTE AND RECOGNIZE A TAX LIABILITY IF THE INSTITUTE HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE INSTITUTE, AND HAS CONCLUDED THAT AS OF MAY 31, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE INSTITUTE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN SPLIT-INTEREST AGREEMENTS 284,873. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | ADMINISTRATIVE FEE 42,000. DIRECT FUNDRAISING EVENT EXPENSES -85,433. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | ADMINISTRATIVE FEE -42,000. DIRECT FUNDRAISING EVENT EXPENSES 85,433. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE INSTITUTE'S NONDISCRIMINATORY POLICY IS POSTED ON THE HOMEPAGE OF ITS WEBSITE. |
| SCHEDULE E, PART I, LINE 6 | STUDENTS AT THE INSTITUTE RECEIVE FEDERAL AID IN THE FORM OF PELL GRANTS. THE INSTITUTE RECEIVED A $99,775 GRANT FROM THE PENNSYLVANIA DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT IN SUPPORT OF TOURING IN THE COMMONWEALTH FOR CURTIS ON TOUR AND $13,000 FROM PENNSYLVANIA COUNCIL OF THE ARTS TO PROVIDE FUNDING FOR THE ENCOURAGEMENT, ASSISTANCE AND DEVELOPMENT OF THE ARTS WITHIN THE COUNCIL. THE INSTITUTE ALSO RECEIVED $2,804,078 IN EMPLOYEE RETENTION CREDIT FUNDS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | N/A | $52,763,972 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | N/A | $469,464 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | INVESTMENTS | N/A | $4,203,729 |
| SUB-SAHARAN AFRICA | 0 | 0 | INVESTMENTS | N/A | $7,467,540 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $64,904,705 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $64,904,705 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III ACCOUNTING METHOD: | |
| FORM 990, SCHEDULE F, PART IV: | FORM 8865 AND FORM 926 ARE ATTACHED TO THE ORGANIZATION'S 2022 FORM 990-T. THE ORGANIZATION'S OWNERSHIP INTERESTS IN FOREIGN CORPORATIONS DURING FY23 DOES NOT REQUIRE FILING OF FORM 5471. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| CHASE SOLUTIONS INC | ||||||||
| PO BOX 1116 | CENTERVILLE | MA | 02632 | DONOR RESEARCH | 0 | $0 | $4,925 | $0 |
| CREATIVE PRO MARKETING | ||||||||
| 1000 W VALLEY ROAD 426 | SOUTHEASTERN | PA | 193990426 | MARKETING MATERIALS | 0 | $0 | $31,146 | $0 |
| LISA ROBINSON | ||||||||
| 6 BRUNING ROAD | EAST BRUNSWICK | NJ | 08816 | WRITER | 0 | $0 | $12,100 | $0 |
| SHERRYL FISHER | ||||||||
| 5575 HUNTERS FOREST LANE | ATLANTA | GA | 30349 | PROSPECT RESEARCHER | 0 | $0 | $45,000 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $93,171 | TotalRetainedByContractorsAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | PR | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ANNUAL GALA | Event1Nm |
| Gross Receipts Event1 | $568,883 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $483,450 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $85,433 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $13,031 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $52,924 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $19,478 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $568,883 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $483,450 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $85,433 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $13,031 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $52,924 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $19,478 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $85,433 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $0 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|
| STUDENT AID AND AWARDS | 104 | $1,451,383 | $0 |
| FELLOWSHIPS | 8 | $100,414 | $0 |
| GRANTS MADE TO ALUMNI | 22 | $53,500 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | STUDENT AID AND AWARDS: STUDENT AID AND AWARDS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS TO COVER DORM ROOMS, MEAL PLANS, AND HEALTH INSURANCE. NON-RESIDENTS ALSO RECEIVE MONTHLY CHECKS PAID DIRECTLY TO COVER LIVING EXPENSES. IT SHALL BE THE POLICY OF THE CURTIS INSTITUTE OF MUSIC THAT NO PROSPECTIVE STUDENT WHO HAS BEEN ACCEPTED FOR STUDY WILL BE UNABLE TO ATTEND BECAUSE OF FINANCIAL NEED. SIMILARLY, IT SHALL ALSO BE THE POLICY OF CURTIS THAT NO CURRENTLY ENROLLED STUDENT WOULD HAVE TO LEAVE SCHOOL BECAUSE OF UNMET FINANCIAL NEED. IN PRACTICE, THIS SHALL MEAN THAT CURTIS WILL DETERMINE WHAT IS A REALISTIC LEVEL OF FINANCIAL NEED BASED UPON THEN-PREVAILING COSTS FOR LIVING EXPENSES IN PHILADELPHIA AND THE EXPERIENCE OF OTHER CURTIS STUDENTS. (IT IS OF COURSE POSSIBLE THAT SOME PROSPECTIVE OR CURRENTLY ENROLLED STUDENTS MAY CHOOSE NOT TO ACCEPT THE PROFFERED PACKAGE OF FINANCIAL AID FOR A VARIETY OF REASONS). IN FULFILLMENT OF THE ABOVE COMMITMENT, CURTIS SHALL REVIEW EACH STUDENT'S REQUEST FOR FINANCIAL AID. WHERE APPROPRIATE AND NECESSARY, CURTIS MAY MAKE ADJUSTMENTS TO THE STATED LEVEL OF NEED (TO CORRESPOND WITH ACTUAL LIVING EXPENSES IN PHILADELPHIA AND WITH THE EXPERIENCE OF OTHER CURTIS STUDENTS) AND/OR THE REQUESTED LEVEL OF ASSISTANCE. THEREAFTER, CURTIS WILL BE PREPARED TO MAKE AVAILABLE A FINANCIAL AID PACKAGE THAT IS FULLY RESPONSIVE TO THE ADJUSTED LEVEL OF FINANCIAL NEED. BASED UPON EXPERIENCE, HOWEVER, INITIAL FINANCIAL AID AWARDS TO BOTH PROSPECTIVE AND CONTINUING STUDENTS SHALL BE TARGETED AT APPROXIMATELY 80% OF THE ADJUSTED LEVEL OF NEED, WITH THE EXPLICIT INVITATION FOR AID RECIPIENTS TO REAPPLY FOR FURTHER FINANCIAL AID SHOULD THAT PROVE NECESSARY. STUDENTS MAY REAPPLY FOR FINANCIAL AID AT ANY TIME DURING THE COURSE OF THE ACADEMIC YEAR. WHEN DECIDING UPON A FINANCIAL AID PACKAGE, CURTIS SHALL EXPECT ALL STUDENTS TO FIRST TAKE FULL ADVANTAGE OF SOURCES OF FINANCIAL ASSISTANCE OTHER THAN THE CURTIS INSTITUTE OF MUSIC. ONLY AFTER ASSURANCE THAT ALL OTHER SOURCES HAVE BEEN FULLY EXPLORED AND UTILIZED, WILL CURTIS OWN FINANCIAL AID RESOURCES BE INCORPORATED INTO THE FINANCIAL AID PACKAGE. (THE MIX BETWEEN OUTSIDE SOURCES OF FINANCIAL AID, CURTIS'S OWN RESOURCES, AND OUTSIDE EMPLOYMENT MAY VARY FROM STUDENT TO STUDENT, REFLECTING UNIQUE CIRCUMSTANCES APPLICABLE TO EACH STUDENT.) SUPPLEMENTAL FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING THE CURTIS INSTITUTE OF MUSIC IS AWARDED IN THE FOLLOWING SEQUENCE: PELL GRANTS, ON-CAMPUS EMPLOYMENT, LAB/OPERA ORCHESTRA, CURTIS SUPPLEMENTAL GRANTS. WHEN IT COMES TO DETERMINING THE USE OF CURTIS'S OWN FINANCIAL AID RESOURCES, ALL FINANCIAL AID PACKAGES WILL INCLUDE ON-CAMPUS EMPLOYMENT FOR ELIGIBLE STUDENTS. RECIPIENTS OF CURTIS'S OWN FINANCIAL AID RESOURCES WILL BE EXPECTED TO PERFORM ON-CAMPUS EMPLOYMENT UP TO THE MAXIMUM PERMISSIBLE NUMBER OF HOURS PER WEEK OF SUCH EMPLOYMENT AS DETERMINED BY CURTIS. THESE FINANCIAL AID POLICIES OF THE CURTIS INSTITUTE OF MUSIC SHALL BE REVIEWED PERIODICALLY WITH MEMBERS OF THE FACULTY AND MEMBERS OF THE STUDENT BODY BOTH TO SOLICIT OPINIONS AND SUGGESTIONS AS WELL AS FOR INFORMATION DISSEMINATION PURPOSES. FELLOWSHIPS: FELLOWSHIPS ARE AWARDED IN THREE AREAS - CONDUCTING, STRING QUARTET, AND COMMUNITY ARTISTS. ADMISSIONS ARE BASED ON ARTISTIC PROMISE ALONE. AUDITION DATES, REPERTOIRE, AND PRESCREENING REQUIREMENTS VARY BY DEPARTMENT. DATES ARE SCHEDULED BASED ON THE FACULTY'S AVAILABILITY. AWARDS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. CURTIS'S CONDUCTING FELLOWS PROGRAM PROVIDES A UNIQUE OPPORTUNITY FOR YOUNG CONDUCTORS AT A CRUCIAL TIME IN THEIR DEVELOPMENT. IN KEEPING WITH CURTIS'S CHARACTERISTIC "LEARN BY DOING" APPROACH, CONDUCTING FELLOWS GAIN VALUABLE EXPERIENCE THROUGH OPPORTUNITIES TO LEAD REHEARSALS AND PERFORMANCES OF THE CURTIS SYMPHONY ORCHESTRA, CURTIS CHAMBER ORCHESTRA, ENSEMBLE 20/21, AND CURTIS OPERA THEATRE. THE RITA E. HAUSER CONDUCTING FELLOWS ARE MENTORED BY YANNICK NEZET-SEGUIN, MUSIC DIRECTOR OF THE PHILADELPHIA ORCHESTRA. THEY ASSIST VISITING CONDUCTORS AT CURTIS AND HAVE ACCESS TO CURTIS'S PERFORMANCE AND MUSICAL STUDIES FACULTIES. THEY ALSO HAVE THE OPPORTUNITY TO WORK WITH LEADING CONDUCTORS, BOTH AT CURTIS AND THROUGH RESIDENCIES WITH PROFESSIONAL ORCHESTRAS. TO BE ADMITTED, CONDUCTING FELLOWS MUST BE AT A LEVEL WHERE THEY ARE PREPARED TO LEAD THE ABOVE ENSEMBLES THROUGH THE REHEARSAL PROCESS AND IN PERFORMANCE. THE NINA VON MALTZAHN STRING QUARTET PROGRAM IS OPEN TO YOUNG QUARTETS OF EXTRAORDINARY PROMISE, FORMED FOR AT LEAST ONE YEAR AT THE TIME OF THEIR AUDITION. CLOSELY MENTORED BY PENELOPE P. WATKINS ENSEMBLE IN RESIDENCE, THE DOVER QUARTET, THE ENSEMBLE PERFORMS TWO RECITALS ANNUALLY AND MASTERCLASSES FOR GUEST QUARTETS AND OTHER VISITING ARTISTS. QUARTET MEMBERS PARTICIPATE IN CONCERTS OF CONTEMPORARY MUSIC WITH CURTIS'S ENSEMBLE 20/21 AND PERFORM IN LOCATIONS AROUND THE GLOBE WITH CURTIS ON TOUR. THE QUARTET ALSO PARTICIPATES IN CURTIS'S COMMUNITY ARTISTS PROGRAM, DESIGNING AND IMPLEMENTING A UNIQUE PERFORMANCE PROJECT THAT COMBINES ARTISTRY WITH INVENTION, LEADERSHIP WITH ADVOCACY, AND CITIZENSHIP WITH COMMUNITY. AS MENTORING IS AN IMPORTANT DIMENSION OF THE QUARTET PROGRAM, QUARTET MEMBERS COACH AND PERFORM WITH STUDENTS WHO ARE PART OF THE YOUNG ARTISTS INITIATIVE (THOSE OF HIGH SCHOOL AGE AND YOUNGER). CURTIS ALUMNI BRING THEIR ARTISTRY TO UNDERSERVED COMMUNITIES IN PHILADELPHIA THROUGH COMMUNITY ARTIST FELLOWSHIPS. COMMUNITY ARTIST FELLOWS ARE PLACED IN EXISTING PARTNERSHIPS BETWEEN CURTIS AND INSTITUTIONS SUCH AS SCHOOLS, HOSPITALS, PRISONS, AND REHABILITATION CENTERS. THEY FOLLOW A FLEXIBLE SCHEDULE THAT BALANCES THEIR WORK IN THE COMMUNITY ALONGSIDE PRACTICE AND PERFORMANCE TIME. COMMUNITY ARTIST FELLOWSHIPS TAILOR PLACEMENTS TO THE DISCIPLINE, EXPERIENCE, AND INTERESTS OF YOUNG CURTIS ALUMNI AND EXTENDS, WHERE POSSIBLE, WORK THEY MAY HAVE BEGUN AS CURTIS STUDENTS THROUGH THE COMMUNITY ARTIST PROGRAM (CAP). COMPLETION OF A COMMUNITY ARTIST FELLOWSHIP WILL RESULT IN THE RECEIPT OF A POST-BACCALAUREATE DIPLOMA. GRANTS MADE TO ALUMNI: GRANTS ARE PROVIDED TO RECENT GRADUATES OF CURTIS - THOSE WHO COMPLETED THEIR STUDIES IN THE LAST TEN YEARS - WITH FINANCIAL AWARDS TO REMOVE BARRIERS TO THEIR SUCCESS AS EMERGING PERFORMERS AND ADVANCE THEIR PERSONAL ARTISTIC VISIONS. GRANTEES ARE SELECTED FROM APPLICANTS THROUGH A COMPETITIVE REVIEW PROCESS, AND PROPOSALS ARE EVALUATED CLOSELY BY AN ANONYMOUS PANEL OF CURTIS ALUMNI. FUNDING IS DISTRIBUTED BASED ON THE OVERALL STRENGTH OF A PROPOSAL, EXPRESSED IMPACT THE FUNDING MIGHT HAVE ON THE RECIPIENT'S OR PROJECT'S SUCCESS, AND THE PERCEIVED POTENTIAL FOR THE APPLICANT TO MEET MILESTONES. GRANTEES ALSO HAVE ACCESS TO PROFESSIONAL GUIDANCE AND SUPPORT IN ACHIEVING THE PROPOSAL'S GOALS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROBERTO DIAZ | ||||||||||||||
| PRESIDENT/TRUSTEE | $654,462 | $0 | $0 | $0 | $0 | $0 | $185,359 | $0 | $43,979 | $0 | $883,800 | $0 | $0 | $0 |
| LAWRENCE BOMBACK | ||||||||||||||
| TREASURER | $304,581 | $0 | $0 | $0 | $0 | $0 | $24,834 | $0 | $17,784 | $0 | $347,199 | $0 | $0 | $0 |
| VINCENT FORD | ||||||||||||||
| SR VP DIGITAL STRATEGY & INNOVATION | $247,170 | $0 | $0 | $0 | $0 | $0 | $14,723 | $0 | $12,740 | $0 | $274,633 | $0 | $0 | $0 |
| EDWARD GAZOULEAS | ||||||||||||||
| PROVOST | $185,504 | $0 | $0 | $0 | $0 | $0 | $7,500 | $0 | $30,388 | $0 | $223,392 | $0 | $0 | $0 |
| KIMBERLY GOULD | ||||||||||||||
| MANAGING DIRECTOR, HUMAN RESOURCES | $193,038 | $0 | $0 | $0 | $0 | $0 | $10,632 | $0 | $6,405 | $0 | $210,075 | $0 | $0 | $0 |
| PAMELA FRANK | ||||||||||||||
| AXELROD CHAIR IN VIOLIN STUDIES | $157,520 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $29,384 | $0 | $186,904 | $0 | $0 | $0 |
| MARCELA GENEROSE | ||||||||||||||
| MANAGING DIRECTOR, DEVELOPMENT | $166,733 | $0 | $0 | $0 | $0 | $0 | $7,131 | $0 | $8,847 | $0 | $182,711 | $0 | $0 | $0 |
| IDA KAVAFIAN | ||||||||||||||
| VON MALTZAHN CHAIR IN VIOLIN STUDIES | $147,573 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12,755 | $0 | $160,328 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | FIRST CLASS OR CHARTER TRAVEL IS PROVIDED FOR OFFICIAL INSTITUTE BUSINESS WHEN DEEMED APPROPRIATE. THIS IS NOT INCLUDED IN TAXABLE COMPENSATION. |
| PART I, LINE 4B | ROBERTO DIAZ PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. CONTRIBUTIONS IN THE AMOUNT OF $158,234 ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (C). UNDER THIS PLAN, CONTRIBUTIONS BECOME VESTED ON THE EARLIER OF (1) DEATH OF THE PARTICIPANT, (2) THE PARTICIPANT'S DISABILITY, OR (3) MAY 31, 2025, PROVIDED THAT THE PARTICIPANT REMAINS IN THE EMPLOY OF CURTIS THROUGH SUCH DATE UNLESS TERMINATION IS ON ACCOUNT OF DEATH OR DISABILITY. IN THE EVENT THAT ANY CONTRIBUTIONS IS NOT VESTED AT THE TIME OF THE PARTICIPANT'S TERMINATION OF EMPLOYMENT WITH CURTIS, SUCH CONTRIBUTIONS AND ANY EARNINGS CREDITED THERETO SHALL BE FOREVER FORFEITED BY THE PARTICIPANT. PAYMENT OF PLAN BENEFITS TO THE PARTICIPANT OR A BENEFICIARY SHALL BE MADE IN A SINGLE LUMP-SUM DISTRIBUTION AS SOON ADMINISTRATIVELY PRACTICABLE FOLLOWING THE DATE THE PARTICIPANT BECOMES VESTED. THE PLAN INCLUDES A SUBSTANTIAL RISK OF FORFEITURE. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $550 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $850 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 11 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,987,378 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | MUSICAL INSTRUMENTS | Desc |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $82,896 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 4 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | ONLY TRUSTEES MAY SERVE ON THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE TRUSTEES WHO ARE SERVING AS THE CHAIRS OF THE AUDIT, FINANCE, INVESTMENT, GOVERNANCE, DEVELOPMENT, EDUCATION & STUDENT LIFE, FACILITIES, AND HUMAN RESOURCES COMMITTEES, THE TRUSTEES WHO ARE SERVING AS OFFICERS OF THE CORPORATION, AND ANY SUCH OTHER TRUSTEES AS THE BOARD BY RESOLUTION MAY APPOINT (VACANCIES IN THE MEMBERSHIP OF THE EXECUTIVE COMMITTEE SHALL BE FILLED BY THE BOARD OF TRUSTEES AT A REGULAR OR SPECIAL MEETING OF THE BOARD). APPOINTED MEMBERS OF THE EXECUTIVE COMMITTEE SHALL SERVE UNTIL REPLACED BY THE BOARD. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO EXERCISE ALL THE POWERS AND AUTHORITY OF THE BOARD, EXCEPT THAT IT SHALL NOT HAVE ANY POWER OR AUTHORITY AS TO THE FOLLOWING: (A) THE CREATION OR FILLING OF VACANCIES IN THE BOARD OF TRUSTEES; OR (B) THE ADOPTION, AMENDMENT, OR REPEAL OF THE BYLAWS; OR (C) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD; OR (D) ACTION ON MATTERS COMMITTED BY THE BYLAWS OR A RESOLUTION OF THE BOARD EXCLUSIVELY TO ANOTHER COMMITTEE OF THE BOARD; OR (E) ACTION ON MATTERS PERTAINING TO THE ACQUISITION, SALE, MORTGAGE, OR PLEDGE OF REAL PROPERTY; OR (F) THE APPROVAL OF THE CORPORATION'S ANNUAL OPERATING AND CAPITAL BUDGETS. |
| FORM 990, PART VI, SECTION A, LINE 4 | PREVIOUSLY, THE BOARD OF TRUSTEES WAS REQUIRED TO INCLUDE AT LEAST ONE ELECTED REPRESENTATIVE FROM (I) FACULTY; (II) ALUMNI NETWORK (A PENNSYLVANIA UNINCORPORATED ASSOCIATION OF ALUMNI OF THE CURTIS INSTITUTE OF MUSIC); (III) THE CRESCENDO CLUB (A PENNSYLVANIA UNINCORPORATED ASSOCIATION OF YOUNG PROFESSIONALS THAT SUPPORT THE CURTIS INSTITUTE OF MUSIC); (IV) THE FRIENDS OF THE CURTIS INSTITUTE OF MUSIC (A PENNSYLVANIA UNINCORPORATED ASSOCIATION OF INDIVIDUALS THAT SUPPORT THE CURTIS INSTITUTE OF MUSIC); AND (V) THE BOARD OF TRUSTEES OF THE MARY LOUISE CURTIS BOK FOUNDATION. IN FY23, THE BYLAWS WERE AMENDED TO ONLY REQUIRE AT LEAST ONE ELECTED REPRESENTATIVE FROM (I) FACULTY; AND (II) THE BOARD OF DIRECTORS OF THE MARY LOUISE CURTIS BOK FOUNDATION. THE BYLAWS WERE ALSO AMENDED TO REQUIRE THAT THE BOARD OF TRUSTEES INCLUDE AT LEAST ONE ALUMNI OF THE CURTIS INSTITUTE OF MUSIC WHO IS NOT A FACULTY OR STAFF MEMBER, AND WHO IS PREFERABLY A PROFESSIONAL MUSICIAN OR MUSIC EDUCATOR. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND PRESENTED TO THE AUDIT COMMITTEE BY MANAGEMENT. AFTER APPROVAL BY THE AUDIT COMMITTEE, THE FORM 990 (WITHOUT SCHEDULE B - SCHEDULE OF CONTRIBUTORS) IS PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, CURTIS OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE ASKED TO REVIEW THEIR CONFLICTS OF INTEREST AND DISCLOSE ANY NEW CONFLICTS OR POTENTIAL CONFLICTS. CONFLICTS ARE SUBMITTED TO THE CHAIR OF THE GOVERNANCE COMMITTEE FOR REVIEW AND DISCUSSION WITH THE GOVERNANCE COMMITTEE. THE COMMITTEE DECIDES IF EACH DISCLOSED POTENTIAL CONFLICT 1) REPRESENTS A REAL CONFLICT, 2) IF A CONFLICT EXISTS, IS IT PERMISSIBLE OR IMPERMISSIBLE. ALL CONFLICTS (PERMISSIBLE AND IMPERMISSIBLE) ARE REPORTED TO THE BOARD OF TRUSTEES, WHO ARE TASKED WITH APPROVING RESOLUTIONS FOR PERMISSIBLE CONFLICTS. |
| FORM 990, PART VI, SECTION B, LINE 15A | FORM 990, PART VI, SECTION B, LINE 15B: THE BOARD OF TRUSTEES HAS ESTABLISHED A HUMAN RESOURCES COMMITTEE OF INDEPENDENT TRUSTEES THAT HAVE NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION ARRANGEMENTS. THE COMMITTEE REVIEWS THE PROPOSED GROSS COMPENSATION FOR ALL EMPLOYEES INCLUDING KEY EMPLOYEES, EXCLUDING THE PRESIDENT AND CEO, DURING THE PREPARATION OF THE ORGANIZATION'S ANNUAL BUDGET. AN EXECUTIVE COMMITTEE COMPRISED OF INDEPENDENT TRUSTEES THAT HAVE NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION ARRANGEMENTS REVIEWS AND RECOMMENDS A COMPENSATION PACKAGE FOR THE PRESIDENT AND CEO, WHICH IS SUBJECT TO APPROVAL OF THE FULL BOARD. THE ORGANIZATION ALSO HAS A FULL-TIME HUMAN RESOURCES DEPARTMENT AND BUSINESS OFFICE THAT SUPPORTS THIS FUNCTION AND USE COMPENSATION DATA AS A MEMBER OF THE NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICES. DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARE DOCUMENTED. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OF THE INSTITUTE ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN SPLIT-INTEREST AGREEMENTS 284,873. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARY LOUISE CURTIS BOK FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1726 LOCUST STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 236000615 | EIN |
| Primary Activities | SUPPORTING ORGANIZATION | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12D, III-O | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |