2025-05-15T09:34:41-05:00 2024-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2023-07-01 340714600 CLEVELAND INSTITUTE OF MUSIC CLEV 2167915000 11021 EAST BLVD CLEVELAND OH 44106 BRIAN FOSS CFO 2167915000 2025-05-13 1 0 CHRISTOPHER B ANDERSON P00226559 2163630100 2023 2025-03-06 01:10:19Z BRIAN FOSS 11021 EAST BLVD CLEVELAND OH 44106 60902181 0 X WWW.CIM.EDU X 1920 OH TO EMPOWER THE WORLD'S MOST TALENTED CLASSICAL MUSIC STUDENTS TO FULFILL THEIR DREAMS&POTENTIAL. 26 26 437 115 154349 90401 10008645 12220718 19426520 20391820 3820347 4297813 107418 60308 33362930 36970659 8881400 9819340 0 0 12339855 12217800 0 0 1858113 10447909 9806484 31669164 31843624 1693766 5127035 142970837 152914752 45068805 45083906 97902032 107830846 X THE CLEVELAND INSTITUTE OF MUSIC'S MISSION IS TO EMPOWER THE WORLD'S MOST TALENTED CLASSICAL MUSIC STUDENTS TO FULFILL THEIR DREAMS AND POTENTIAL. 0 0 21085985 9819340 20393153 SEE SCHEDULE OTHE CLEVELAND INSTITUTE OF MUSIC IS ONE OF JUST SEVEN INDEPENDENT CONSERVATORIES OF MUSIC IN THE UNITED STATES, ONE OF THREE DEVOTED EXCLUSIVELY TO CLASSICAL MUSIC PERFORMANCE. CIM STUDENTS BENEFIT FROM ACCESS TO WORLD-RENOWNED VISITING ARTISTS AND CONDUCTORS, INTENSIVE STUDY WITH CIM'S STELLAR FACULTY AND THE RICH CURRICULUM OFFERED BY CIM'S PARTNER CASE WESTERN RESERVE UNIVERSITY. CIM'S GRADUATES COMMAND THE MOST CELEBRATED AND REVERED STAGES IN THE WORLD AS SOLOISTS, CHAMBER MUSICIANS AND ENSEMBLE MEMBERS; COMPOSE AWARD-WINNING REPERTOIRE; AND ARE SOUGHT-AFTER TEACHING ARTISTS, ADMINISTRATORS AND THOUGHT LEADERS. MORE THAN HALF OF THE MEMBERS OF THE CLEVELAND ORCHESTRA ARE CONNECTED TO CIM AS MEMBERS OF THE FACULTY, ALUMNI OR BOTH. CIM'S PREPARATORY AND CONTINUING EDUCATION PROVIDES PRIVATE AND GROUP LESSONS, CLASSES AND ENSEMBLES. CIM IS AN INTEGRAL PART OF CLEVELAND'S ARTS COMMUNITY PRESENTING 425 FREE PERFORMANCES AND MASTER CLASSES ON CAMPUS AND THROUGHOUT THE COMMUNITY THIS YEAR. DURING THIS FISCAL YEAR, CIM OFFERED APPROXIMATELY $9.8 MILLION OF SCHOLARSHIPS AND FINANCIAL AID TO ITS STUDENTS. 21085985 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 87 0 1 437 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X X BRIAN FOSS 2167915000 11021 EAST BLVD CLEVELAND OH 44106 ANDERSON A CHACE TRUSTEE 1.00 X 0 0 0 BALDASSARRE CARL E TRUSTEE(THROUGH 10/2023) 1.00 X 0 0 0 BAN STEPHEN P TRUSTEE 1.00 X 0 0 0 BASSETT CYNTHIA TRUSTEE 1.00 X 0 0 0 BEEDLES MICHAEL W TRUSTEE 1.00 X 0 0 0 BITTENBENDER CHARLES A TRUSTEE(THROUGH 12/2023) 1.00 X 0 0 0 BOWER ERIC TRUSTEE 1.00 X 0 0 0 BROWN DANIEL TRUSTEE 1.00 X 0 0 0 BUESCHER ANN TRUSTEE 1.00 X 0 0 0 CARMI IRAD TRUSTEE 1.00 X 0 0 0 CONRAD ROBERT TRUSTEE 1.00 X 0 0 0 COOK BONNIE TRUSTEE & SECRETARY 1.00 X X 0 0 0 COOLEY III CHARLES P TRUSTEE 1.00 X 0 0 0 DAVIS JEFFREY M TRUSTEE 1.00 X 0 0 0 GEHO ROBERT TRUSTEE&VICE CHAIR(THROUGH 9/23) 1.00 X X 0 0 0 HARVIE C THOMAS TRUSTEE 1.00 X 0 0 0 HIPPLE RICHARD J TRUSTEE 1.00 X 0 0 0 KJOME PETER TRUSTEE 1.00 X 0 0 0 LINTON JEFFREY B TRUSTEE 1.00 X 0 0 0 MALCOLM IV JOHN TRUSTEE 1.00 X 0 0 0 MARSTON CHARLES SULLIVAN TRUSTEE 1.00 X 0 0 0 MEYERHOEFER TRENT TRUSTEE 1.00 X 0 0 0 MILLER MD JONATHAN P TRUSTEE(THROUGH 2/2024) 1.00 X 0 0 0 MOBLEY PHD MARILYN SANDERS TRUSTEE(THROUGH 1/2024) 1.00 X 0 0 0 REDMOND KATRINA TRUSTEE & TREASURER 1.00 X X 0 0 0 RILEY SHAWN M TRUSTEE 1.00 X 0 0 0 ROTHMANN PHD SUSAN A TRUSTEE & CHAIR 1.00 X X 0 0 0 SCIARAPPA DONNA M TRUSTEE(THROUGH 6/2024) 1.00 X 0 0 0 SCHLANG ELLIOTT L TRUSTEE 1.00 X 0 0 0 SEIDENFELD ASTRI TRUSTEE(THROUGH 12/2023) 1.00 X 0 0 0 STEIN KEVIN TRUSTEE & VICE CHAIR 1.00 X X 0 0 0 THOMAS JOSEPH H TRUSTEE 1.00 X 0 0 0 VIGH TRACY TRUSTEE(THROUGH 12/2023) 1.00 X 0 0 0 WATSON SANFORD E TRUSTEE 1.00 X 0 0 0 HOGLE PAUL PRESIDENT/CEO 40.00 X 515438 0 95820 HARRISON SCOTT EXECUTIVE VP & PROVOST 40.00 X 227077 0 52060 FOSS BRIAN CFO 40.00 X 199400 0 12026 BEST SARAH ASST. SECRETARY 40.00 X 29669 0 4132 SOUTHERN DEAN VP ACADEMIC & STUDENT AFFAIRS, DEAN 40.00 X 193727 0 12414 DROHAN KATHLEEN CHIEF MARKETING OFFICER 40.00 X 161904 0 9553 IRVINE JEFFREY FACULTY 40.00 X 153548 0 13286 KALER ILYA FACULTY 40.00 X 149560 0 50579 ROBINSON SHARON FACULTY 40.00 X 144726 0 11898 LAREDO JAIME FACULTY 40.00 X 144701 0 12314 KALMAR CARLOS FACULTY 40.00 X 187500 0 2026 2107250 0 276108 20 0 1 0 BAKER & HOSTETLER LLP 127 PUBLIC SQUARE CLEVELAND OH 44114 LEGAL SERVICES 130594 THRESHOLD ACOUSTICS LLC 141 W JACKSON BLVD CHICAGO IL 60604 CONSTRUCTION 127185 FORVIS LLP 111 E WAYNE ST FORT WAYNE IN 46802 AUDIT/ACCOUNTING SERVICES 100919 3 9550 1156426 11054742 479469 12220718 TUITION AND FEES 611310 17508567 17508567 DORM REVENUE 611310 2627136 2627136 PARKING REVENUE 611310 51884 51884 TICKET SALES 611310 23344 23344 RECORDING SERVICES 611310 11036 11036 169853 169853 20391820 1971710 152029 1819681 569336 569336 25272 0 25272 25272 2320 22952 25591556 23408 23858197 0 1733359 23408 1756767 1756767 107028 9550 73325 33703 33703 NET INCR.IN PERKINS ICC 900099 1333 1333 1333 36970659 20393153 154349 4202439 9819340 9819340 1422413 22575 1080871 318967 8956118 7535847 420989 999282 449852 258836 117608 73408 642845 448672 108887 85286 746572 560588 133368 52616 217003 1004 210707 5292 84400 84400 77500 77500 288910 288910 708039 364357 288335 55347 106675 69413 37262 619956 273047 272094 74815 275190 61189 164576 49425 1076043 420747 655296 161748 152175 9116 457 172719 89613 17388 65718 2204285 2204285 2930341 2930341 294838 143491 151347 AFFILIATE TUITION 793468 793468 MISCELLANEOUS 57461 46711 10750 BAD DEBT EXPENSE -262092 24912 -287004 31843624 21085985 8899526 1858113 10611245 12008791 4645657 9525482 2266106 331286 343175 424056 237889 186113 92402192 33028114 60100806 59374078 38187740 42980410 26578219 28084536 142970837 152914752 1234773 2948330 31712 68895 43466682 41898014 335638 168667 45068805 45083906 X 59154148 65045322 38747884 42785524 97902032 107830846 142970837 152914752 X 5127035 4240106 561673 X 0 1 X 1 1 1 X 7966500 7175567 20005618 10008645 12220718 57377048 7966500 7175567 20005618 10008645 12220718 57377048 17239198 40137850 1160241 856392 1106424 1734026 2566318 7423401 159540 109261 89659 358460 66649 402887 32307 38588 1333 541764 65700673 97919149 0.61090 0.66490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2019 AMOUNT: $ 66,649. 2020 AMOUNT: $ 402,887. 2021 AMOUNT: $ 32,307. 2022 AMOUNT: $ 38,588. 2023 AMOUNT: $ 1,333. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 77500 0 0 77500 0 PART II-B, LINE 1: CIM RETAINED A LOBBYIST TO ADVOCATE IN COLUMBUS, OHIO FOR FUNDING SUPPORT. IT ALSO CONTRIBUTED TO THE ARTS LEVY CAMPAIGN. 79978 0 53791611 2970744 13865049 2630249 3238648 64758507 55639426 2599020 7493895 2574303 9366427 53791611 64977575 562893 -7415444 2485598 55639426 52173163 775951 14213149 2184688 64977575 51545091 2253302 489626 2114856 52173163 0.41055 0.58945 0.00000 1 0 1063536 1063536 76811556 25624163 51187393 3665261 3450775 214486 10861839 3953176 6908663 59374078 ALTERNATIVE INVESTMENTS 28059536 F PARTNERSHIPS 25000 C 28084536 U.S. GOVERNMENT GRANTS REFUNDABLE 168667 168667 31902173 4240106 634998 4875104 27027069 288910 9654680 9943590 36970659 21973359 73325 73325 21900034 288910 9654680 9943590 31843624 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS - THE INSTITUTE'S ENDOWMENT CONSISTS OF 260 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES THAT SUPPORT THE EDUCATIONAL MISSION OF THE INSTITUTE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PERPETUAL CHARITABLE TRUSTS 561,673. FUNDRAISING EVENT EXPENSES NETTED WITH REVENUE ON PART VIII OF FORM 990 73,325. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE WHICH WAS SHOWN AS A REDUCTION OF REVENUE ON FINANCIAL STATEMENTS BUT SHOWN AS AN EXPENSE IN PART IX OF FORM 990 9,654,680. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES NETTED WITH REVENUE ON PART VIII OF FORM 990 73,325. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE WHICH WAS SHOWN AS A REDUCTION OF REVENUE ON FINANCIAL STATEMENTS BUT SHOWN AS AN EXPENSE IN PART IX OF FORM 990 9,654,680. PART V - ADDITIONAL INFORMATION ABOUT ENDOWMENT FUNDS: AS PART OF THE FINANCIAL STATEMENT AUDIT PROCESS, THE INDEPENDENT AUDIT FIRM RESTATED THE ENDOWMENT ASSETS BALANCE FOR THE YEAR ENDED JUNE 30, 2023. THIS RESTATEMENT DECREASED BOARD DESIGNATED ENDOWMENT FUNDS BY $9,366,427. THIS DECREASE HAS BEEN SHOWN ON LINE 1F IN THE "PRIOR YEAR" COLUMN. AS THERE IS NO OTHER LINE ITEM IN PART V FOR THIS ADJUSTMENT, WE HAVE ARBITRARILY USED THE ADMINISTRATIVE EXPENSES LINE EVEN THOUGH THIS ADJUSTMENT DOES NOT RELATE TO ANY ADMINISTRATIVE EXPENSES. FOR THE "CURRENT YEAR" COLUMN, WE HAVE LISTED A NEGATIVE ADJUSMENT ON LINE 1F OF $3,238,648 WHICH REPRESENTS THE RELEASE OF BOARD DESIGNATED ASSETS. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NEWSPAPER OR BROADCAST MEDIA IS NOT USED FOR STUDENT RECRUITMENT. HOWEVER, A STATEMENT OF THE INSTITUTE'S RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS IS INCLUDED IN THE INSTITUTE'S CATALOG, WHICH CAN ALSO BE FOUND ON THE INSTITUTE'S WEBSITE. THE FOLLOWING IS THE INSTITUTE'S POLICY ON NONDISCRIMINATORY ADMISSION AS REAFFIRMED BY THE BOARD OF TRUSTEES: IN THE ADMINISTRATION OF ITS EDUCATIONAL AND ADMISSION POLICIES, SCHOLARSHIP, LOAN, AND OTHER SCHOOL-ADMINISTERED PROGRAMS, THE CLEVELAND INSTITUTE OF MUSIC IS COMMITTED TO NONDISCRIMINATION AND EQUAL OPPORTUNITY. THE INSTITUTE ADMITS STUDENTS TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL REGARDLESS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN, CITIZENSHIP, RELIGION, AGE, SEX, SEXUAL ORIENTATION, OR DISABILITY. SCHEDULE E, PART I, LINE 6 FINANCIAL AID OR GOVERNMENT ASSISTANCE - ASSISTANCE IS RECEIVED FROM THE FOLLOWING GOVERNMENTAL AGENCIES: U.S. DEPARTMENT OF EDUCATION: FEDERAL DIRECT STAFFORD LOAN FEDERAL DIRECT PLUS LOAN FEDERAL PERKINS LOAN FEDERAL WORK-STUDY SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PELL GRANT U.S. DEPARTMENT OF VETERANS AFFAIRS: POST 9/11 G.I. BILL PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY: PA STATE GRANT CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 11185997 0 0 0 0 0 0 11185997 0 11185997 0 0 0 0 1 0 LUMINARIES 116578 9550 107028 38510 12466 22349 116578 9550 107028 38510 12466 22349 73325 33703 1 FELLOWSHIP AND SERVICES 2 4849 0 INSTITUTIONAL SCHOLARSHIPS 291 9428901 0 WORK-STUDY 79 202290 0 SEOG 89 156570 0 STUDENT ASSISTANCE 22 26730 0 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - CLEVELAND INSTITUTE OF MUSIC CREDITS THE GRANTS AND OTHER ASSISTANCE DIRECTLY TO THE STUDENTS' ACCOUNTS AND THEREFORE ENSURES THAT THE FUNDS ARE SPENT FOR EDUCATIONAL PURPOSES. WORK-STUDY AND AUDITION ASSISTANCE ARE PAID DIRECTLY TO THE STUDENTS WHEN EARNED OR INCURRED. X 0 1 X X X X 0 0 0 0 0 0 0 1 0 HOGLE PAUL PRESIDENT/CEO 515438 0 0 0 0 0 70500 0 25320 0 611258 0 0 0 HARRISON SCOTT EXECUTIVE VP & PROVOST 227077 0 0 0 0 0 19392 0 32668 0 279137 0 0 0 FOSS BRIAN CFO 199400 0 0 0 0 0 10667 0 1359 0 211426 0 0 0 SOUTHERN DEAN VP ACADEMIC & STUDENT AFFAIRS, DEAN 193727 0 0 0 0 0 0 0 12414 0 206141 0 0 0 KALER ILYA FACULTY 149560 0 0 0 0 0 13465 0 37114 0 200139 0 0 0 KALMAR CARLOS FACULTY 187500 0 0 0 0 0 1250 0 776 0 189526 0 0 0 DROHAN KATHLEEN CHIEF MARKETING OFFICER 161904 0 0 0 0 0 0 0 9553 0 171457 0 0 0 IRVINE JEFFREY FACULTY 153548 0 0 0 0 0 12052 0 1234 0 166834 0 0 0 LAREDO JAIME FACULTY 144701 0 0 0 0 0 11509 0 805 0 157015 0 0 0 ROBINSON SHARON FACULTY 144726 0 0 0 0 0 11029 0 869 0 156624 0 0 0 PART I, LINE 1A BENEFITS PROVIDED - THE INSTITUTE PAYS DUES FOR A SOCIAL CLUB FOR PRESIDENT HOGLE. HE USES THE CLUB EXCLUSIVELY FOR BUSINESS PURPOSES AND THEREFORE, HE DOES NOT RECOGNIZE TAXABLE INCOME FROM THIS BENEFIT. PART I, LINE 1B WRITTEN POLICY FOR REIMBURSEMENT - THE INSTITUTE PAYS THE SOCIAL CLUB DIRECTLY FOR MONTHLY DUES IN ACCORDANCE WITH PRESIDENT HOGLE'S EMPLOYMENT CONTRACT. PART I, LINE 7 NON-FIXED PAYMENTS - THE INSTITUTE PROVIDES CERTAIN EMPLOYEES WITH INCENTIVE COMPENSATION (BONUSES) FOR ATTAINMENT OF GOALS ESTABLISHED DURING THE EMPLOYEE EVALUATION PROCESS. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 340714600 67756BPD6 2015-11-30 15540000 REFINANCE 2010 BONDS 0 0 0 B OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DE36 2022-06-08 35457377 PURCHASE DORM&RENOVATE KULAS HALL 0 0 0 A 8150000 15540000 15540000 2015 1 0 1 1 B 35457377 457377 27008741 7991259 0 0 0 1 A 0 0 0 0 0.00180 0.00180 0 0 1 B 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 X 5 479469 FMV-STOCK QUOTE 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS - GOVERNING MEMBERSHIP IS OPEN TO ALL PERSONS OR CORPORATIONS WHO ARE INTERESTED IN THE CLEVELAND INSTITUTE OF MUSIC AND THE FURTHERANCE OF MUSIC AND MUSICAL EDUCATION AND WHO CONTRIBUTE AT LEAST $2,500 ANNUALLY TO THE INSTITUTE'S ANNUAL FUND. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS AND THEIR RIGHTS - THE MEMBERS ELECT THE TRUSTEES OF THE INSTITUTE AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 - ONCE FORM 990 IS PREPARED, IT IS PRESENTED TO A SUB-COMMITTEE OF THE BOARD COMPRISED OF INDIVIDUALS FROM THE FINANCE, GOVERNANCE, AND AUDIT COMMITTEES OF THE CLEVELAND INSTITUTE OF MUSIC FOR THEIR REVIEW. ANY QUESTIONS OR COMMENTS RAISED ARE THEN ADDRESSED BY THE CHIEF FINANCIAL OFFICER BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - THE ORGANIZATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY, WHICH IS REVIEWED BY MANAGEMENT AND THE BOARD OF TRUSTEES' GOVERNANCE COMMITTEE AT LEAST ANNUALLY AND MODIFIED AS REQUIRED. THE BOARD OF TRUSTEES AND OFFICERS OF THE ORGANIZATION ARE REQUIRED TO CERTIFY ANNUALLY THAT THEY HAVE READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY AND SUBMIT A WRITTEN QUESTIONNAIRE EACH YEAR DISCLOSING ANY KNOWN CONFLICTS. THE RESPONSES TO THE QUESTIONNAIRES ARE REVIEWED BY MANAGEMENT. MANAGEMENT ALSO MONITORS ALL TRANSACTIONS DURING THE NORMAL COURSE OF BUSINESS TO IDENTIFY OTHER POTENTIAL CONFLICTS. AT LEAST ANNUALLY AND AS CONFLICTS ARISE, THE BOARD OF TRUSTEES' GOVERNANCE COMMITTEE REVIEWS POTENTIAL CONFLICTS TO DETERMINE WHETHER ANY ACTUAL CONFLICTS EXIST. INDIVIDUALS WHO BELIEVE THEY ARE IN A POTENTIAL CONFLICT ARE REQUIRED TO RECUSE THEMSELVES FROM THE DELIBERATION AND DECISION-MAKING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL - THE CLEVELAND INSTITUTE OF MUSIC HAS A COMPENSATION COMMITTEE THAT APPROVES AND REVIEWS THE INSTITUTE'S INCENTIVE COMPENSATION PLAN COVERING THE PRESIDENT AND OTHER OFFICERS OF THE INSTITUTE. THE COMMITTEE DISCHARGES THE DUTY OF THE BOARD OF TRUSTEES IN FULFILLING THE BOARD'S OVERSIGHT RESPONSIBILITIES FOR DETERMINING THE REASONABLENESS AND ADEQUACY OF THE COMPENSATION AND BENEFITS PAID TO THE PRESIDENT AND OTHER OFFICERS. THE COMMITTEE CONDUCTS AN ANNUAL REVIEW OF COMPENSATION AND BENEFITS IN RELATION TO THE MARKETPLACE AND RELEVANT INDEPENDENT DATA. THE COMMITTEE DECIDES ON ANY CHANGES TO THE INCENTIVE COMPENSATION PLAN. ONCE APPROVED BY THE COMMITTEE, THE INCENTIVE COMPENSATION PLAN IS SIGNED BY THE CHAIR OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. THE AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE INSTITUTE'S WEBSITE AND UPON REQUEST FOR THE SAME PERIOD OF TIME AS SET FORTH IN INTERNAL REVENUE CODE SECTION 6104(D). FORM 990, PART XI, LINE 9: CHANGE IN CHARITABLE PERPETUAL TRUSTS 561,673.