2025-05-13T18:24:40-05:00 2024-06-30 061009205 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2023-07-01 042103636 WALNUT HILL CENTER FOR THE ARTS INC WALN 5086534312 12 HIGHLAND STREET NATICK MA 01760 JANE SEGALE CFO 5086505015 2025-05-09 1 0 JOHN TOSCANO P00358542 8605614000 2025-05-09 2023 2025-03-06 01:10:19Z WALNUT HILL SCHOOL FOR THE ARTS ERIC BARBER 12 HIGHLAND STREET NATICK MA 01760 35616578 0 X WWW.WALNUTHILLARTS.ORG X 1893 MA WALNUT HILL CENTER FOR THE ARTS EDUCATES AND TRAINS CREATIVE AND INTELLECTUALLY CURIOUS YOUNG ARTISTS TO MAKE AN ENDURING IMPACT ON THE WORLD. 28 27 255 35 0 0 2330427 5010335 21411909 19960378 278040 1080952 14405 92018 24034781 26143683 4589319 4478669 0 0 9578340 10143762 0 0 1004061 9004604 9855910 23172263 24478341 862518 1665342 70288735 75686277 24450151 26179724 45838584 49506553 WALNUT HILL CENTER FOR THE ARTS TRANSFORMS LIVES, BUILDS COMMUNITY AND EXPANDS CULTURE THROUGH THE ARTS. 0 0 12045587 4478669 19832502 INSTRUCTIONAL EXPENSES RELATED TO EDUCATING STUDENTS IN GRADES 9 THROUGH 12 WHILE AT SCHOOL. THE SCHOOL ENROLLED APPROXIMATELY 266 STUDENTS DURING THE FALL AND SPRING SEMESTERS. WALNUT HILL STUDENTS IMMERSE THEMSELVES DEEPLY IN THEIR ART, GUIDED BY HIGHLY ACCOMPLISHED PROFESSIONAL ARTISTS WHO HAVE DEDICATED THEMSELVES TO SUPPORTING YOUNG PEOPLE ON THEIR ARTISTIC JOURNEYS. THIS TIME SPENT MASTERING AN ARTISTIC DISCIPLINE IS BALANCED BY ENGAGEMENT IN A RIGOROUS COLLEGE-PREPARATORY CURRICULUM THAT CHALLENGES STUDENTS TO ASK BIG QUESTIONS, SOLVE COMPLEX PROBLEMS, AND EXPLORE TRADITIONAL ACADEMIC SUBJECTS THROUGH INNOVATIVE, HANDS-ON LESSONS. 6185010 189558 STUDENT ACTIVITIES, THEATER AND MUSIC PRODUCTIONS, TUTORING, DORM LIFE AND FOOD SERVICE AND STUDENT CLUBS. THE SCHOOL ENROLLED APPROXIMATELY 266 STUDENTS DURING THE FALL AND SPRING SEMESTERS. OF THE 266 STUDENTS, APPROXIMATELY 171 STUDENTS LIVED ON-CAMPUS. 816925 30336 SUMMER AND OTHER PROGRAM EXPENSES FOR UNENROLLED STUDENTS, SUCH AS THE COMMUNITY ARTS PROGRAM. THE SUMMER PROGRAMS ENROLLED APPROXIMATELY 51 STUDENTS AMONG MANY DIFFERENT PROGRAMS SUCH AS DANCE, VISUAL ARTS, MUSIC, WRITING AND THEATER. 19047522 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 52 0 1 255 1 0 0 0 0 0 0 0 0 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X LINDA DENNISON 5086505015 12 HIGHLAND STREET NATICK MA 01760 ERIC BARBER HEAD OF SCHOOL 40.00 X 305992 0 102926 JANE SEGALE CFO 40.00 X 175590 0 47419 PO-WEI WENG ASSISTANT HEAD OF SCHOOL 40.00 X 120641 0 42454 KEVIN SMITH DIRECTOR OF ENROLLMENT MANAGEMENT 40.00 X 107456 0 34413 TOBEY FOSSEY CHIEF DEVELOPMENT OFFICER 40.00 X 130245 0 9105 JENNIFER TOOLIN MCAULIFFE TRUSTEE/CHAIR 5.00 X X 0 0 0 LISA ROTHMAN TRUSTEE/CLERK 5.00 X X 0 0 0 KAREN MCKEEL CALBY TRUSTEE/TREASURER 5.00 X X 0 0 0 DONNA EGAN TRUSTEE/VICE CHAIR 5.00 X X 0 0 0 PATRICIA L DAVIDSON TRUSTEE 5.00 X 0 0 0 EVANGELINE DELGADO TRUSTEE 5.00 X 0 0 0 BENNY IBARRA DE LLANO TRUSTEE 5.00 X 0 0 0 DAVID EDELMAN TRUSTEE 5.00 X 0 0 0 NICOLE GAKIDIS TRUSTEE 5.00 X 0 0 0 MATTHEW ROBERT GLASS TRUSTEE 5.00 X 0 0 0 EDWIN GORDON TRUSTEE 5.00 X 0 0 0 JUSTINE HAND TRUSTEE 5.00 X 0 0 0 ERIC IAN HERBST TRUSTEE 5.00 X 0 0 0 JUHYUN LIM TRUSTEE 5.00 X 0 0 0 DEBORAH MANKIW TRUSTEE 5.00 X 0 0 0 JENNIFER MCLEAN TRUSTEE 5.00 X 0 0 0 ELIZABETH P MCCLENDON TRUSTEE 5.00 X 0 0 0 JORDAN MCCULLOUGH TRUSTEE 5.00 X 0 0 0 CARRIE NEDROW TRUSTEE 5.00 X 0 0 0 JANET EMERY PATTILLO TRUSTEE 5.00 X 0 0 0 KARLA RADKE TRUSTEE 5.00 X 0 0 0 JOHN SEBASTIAN PAOLELLA TRUSTEE 5.00 X 0 0 0 HAE SUN PAIK TRUSTEE 5.00 X 0 0 0 KRISTINE VAN AMSTERDAM TRUSTEE 5.00 X 0 0 0 AMY LAWRENCE WHEELER TRUSTEE 5.00 X 0 0 0 ANTHONY WILLIAMS TRUSTEE 5.00 X 0 0 0 JOHN I WILLIAMS JR TRUSTEE 5.00 X 0 0 0 LINDA WISNEWSKI TRUSTEE 5.00 X 0 0 0 839924 0 236317 5 0 1 0 SODEXO INC & AFFILIATES P O BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE 986880 FLIK PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 841351 OUNCE IT LLC 205 NEWBURY ST SUITE 202 FRAMINGHAM MA 01701 TECHNOLOGY SUPPORT 499795 CACCAVARO CONSTRUCTION INC 5 CRESENT AVE WOBURN MA 01810 CONSTRUCTION 425684 EHC INC 11 ROBERT TONER BOULEVARD STE 5 NORTH ATTLEBORO MA 02763 CONSTRUCTION 304524 13 5010335 345488 5010335 TUITION AND FEES 611600 19268889 19268889 COMMUNITY ART 611600 430077 430077 OTHER 611600 106589 106589 STUDENT ACTIVITIES 611600 91447 91447 INTERNATIONAL STUDENT TRAVEL 611600 33040 33040 30336 30336 19960378 852363 852363 86253 61867 24386 24386 24386 9562408 2500 9336319 0 226089 2500 228589 228589 142341 74709 67632 67632 26143683 20052396 0 1080952 4478669 4478669 590554 590554 7798014 6295874 1095736 406404 401290 324489 54755 22046 764535 600045 123723 40767 589369 440502 118939 29928 75391 75391 63850 63850 69357 69357 352892 126854 226038 189624 6802 182822 94846 1281 61900 31665 463004 89864 372950 190 2187297 2041473 141362 4462 255303 24823 132091 98389 119537 29675 89862 327296 327296 1912407 1780399 127969 4039 223301 207801 15029 471 FOOD SERVICE 1797843 1797843 SUPPLIES 421960 373013 46156 2791 INSTRUCTIONAL & STUDENT 331983 278369 53603 11 EVENTS 323328 149746 91144 82438 646691 366231 280460 24478341 19047522 4426758 1004061 7062528 4945792 50000 50000 7326909 8690872 19272 19209 351746 705391 57948877 29277664 29122255 28671213 21595204 23458261 283387 0 358670 286947 6235500 6741856 70288735 75686277 1488397 1411686 13165344 15589555 8966503 8444142 456805 432895 373102 301446 24450151 26179724 X 24730568 24944751 21108016 24561802 45838584 49506553 70288735 75686277 X 1665342 1898221 104406 X 0 1 X 1 0 X 1279453 3114965 1667218 2330427 5010335 13402398 1279453 3114965 1667218 2330427 5010335 13402398 1011368 12391030 560686 374121 607143 898345 938616 3378911 16781309 99084359 0.73840 0.74390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18726804 366559 2085132 243330 535032 20400133 16860601 1122367 1529536 223836 561864 18726804 19045363 423572 -1918729 235589 454016 16860601 15654015 74444 3316904 19045363 16793636 87387 -567915 218722 440371 15654015 0.22970 0.77030 0.00000 0 0 101810 101810 2294740 46800341 25023848 24071233 3316547 1816851 1499696 5435439 2436965 2998474 28671213 PERPETUAL TRUST 5663959 ASSETS OF SPLIT INTEREST AGREEMENTS 1077897 6741856 DUE TO LIFE BENEFICIARIES OF SPLIT INTEREST AGREEMENTS 9336 LEASE LIABILITY 292110 301446 23740139 1898221 -4237687 -2339466 26079605 64078 64078 26143683 20072170 136576 136576 19935594 64078 4478669 4542747 24478341 PART V, LINE 4: THE SCHOOL'S INTENDED USE OF ENDOWMENT FUNDS INCLUDES SCHOLARSHIP, FINANCIAL AID, FACULTY DEVELOPMENT, INVESTMENT IN PLANT AND VARIOUS OPERATIONAL NEEDS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 74,709. RENTAL EXPENSES 61,867. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 104,406. FINANCIAL AID -4,478,669. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 74,709. RENTAL EXPENSES 61,867. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,478,669. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS POSTED ON THE HOMEPAGE OF THE SCHOOL'S WEBSITE. EAST ASIA AND THE PACIFIC 0 7 PROGRAM SERVICES FUNDRAISING MEETINGS, ALUMNI EVENTS, AND RECRUITMENT 100632 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES STUDENT RECRUITMENT AND SCHOOL FAIRS 13621 CENTRAL AMERICA AND THE CARIBBEAN 0 1 PROGRAM SERVICES STUDENT RECRUITMENT AND SCHOOL FAIRS 10000 0 9 0 0 0 9 124253 0 124253 0 0 0 0 0 0 PART I, LINE 3: FOREIGN TRAVEL IS PAID FOR WITH SCHOOL ISSUED CREDIT CARDS AND EMPLOYEES ARE REQUIRED TO SUBMIT ALL RECEIPTS FOR REVIEW. THE EXPENSES ARE REPORTED ON THE ACCRUAL BASIS. 1 FINANCIAL AID 106 4478669 FMV REDUCTION IN TUITION PART I, LINE 2: THE FINANCIAL AID PROCESS USES CLARITY FINANCIAL AID. IT INCLUDES ALL REQUESTS BEING ASSEMBLED BY THE DIRECTOR AND THEN MEETING WITH A COMMITTEE TO DECIDE AWARDS. FINANCIAL AID AWARDS ARE APPLIED DIRECTLY TO THE STUDENT'S OUTSTANDING TUITION BILL. CASH PAYMENTS ARE NOT MADE DIRECTLY TO RECIPIENTS. SCHOLARSHIPS ARE PROVIDED TO STUDENTS ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ERIC BARBER HEAD OF SCHOOL 244114 0 0 0 61878 0 18108 0 84818 0 408918 0 0 0 JANE SEGALE CFO 175590 0 0 0 0 0 13323 0 34096 0 223009 0 0 0 PO-WEI WENG ASSISTANT HEAD OF SCHOOL 120641 0 0 0 0 0 9412 0 33042 0 163095 0 0 0 PART I, LINE 1A THE SCHOOL REQUIRES THAT THE HEAD OF SCHOOL LIVE ON CAMPUS IN SCHOOL PROVIDED HOUSING. IT IS NOT CONSIDERED A TAXABLE BENEFIT AS THE HOUSE IS AVAILABLE TO CONDUCT SCHOOL BUSINESS IN, EVEN IF THE HEAD IS NOT THERE. IN ADDITION, WHILE THE HEAD IS IN THE HOUSING, HE IS AVAILABLE TO ASSIST THE NEEDS OF THE SCHOOL SHOULD THEY ARISE OUTSIDE OF NORMAL BUSINESS HOURS. DUE TO THE RESIDENTIAL COMPONENT OF THE SCHOOL, IT IS CRITICAL THAT THE HEAD BE AVAILABLE AND PRESENT AS MUCH AS POSSIBLE. THE HOUSING PROVIDED TO THE HEAD OF SCHOOL IS CLEANED WEEKLY AND INCLUDES HIS PERSONAL LIVING SPACE. THE CLEANING SERVICES ARE INCLUDED IN THE HEAD OF SCHOOL'S W-2. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2014-01-30 13160000 TO PAY OFF THE 2002 & 2006 SERIES BONDS 0 0 0 A 4638210 13160000 89489 1425511 11645000 2014 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/01/2019 JILLIAN ROTHMAN DAUGHTER OF TRUSTEE/CLERK 55640 ASSISTANT DIRECTOR OF ADMISSIONS 0 JOY BARBER WIFE OF HEAD OF SCHOOL 22445 STUDENT LIFE ASSOCIATE 0 X 8 345488 FMV AT DONATION DATE 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS FOR "SECURITIES-PUBLICLY TRADED" REPRESENTS THE NUMBER OF INDIVIDUALS WHO DONATED THE SECURITIES. FORM 990, PART I, ITEM C DBA: WALNUT HILL SCHOOL FOR THE ARTS DBA: WALNUT HILL COMMUNITY ACADEMY FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO AND THE HEAD OF SCHOOL AND THEN PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. THE FORM 990, WITH SCHEDULE B REDACTED IS THEN PROVIDED TO THE BOARD FOR RATIFICATION. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND OFFICERS ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT THAT INDICATES THAT THEY HAVE READ, UNDERSTOOD AND AGREE TO THE SCHOOL'S CONFLICT OF INTEREST POLICY. FURTHER, THE TRUSTEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS (AS DEFINED IN THE POLICY) AND/OR NOTIFY THE HEAD OF SCHOOL IF ANY ADDITIONAL ISSUES ARISE THROUGHOUT THE YEAR. THE POLICY IS ENFORCED AND MONITORED BY THE HEAD OF SCHOOL AND/OR THE BOARD OF TRUSTEES. TRUSTEES WHO FAIL TO COMPLETE THE ANNUAL DISCLOSURE FORM ARE ASKED TO VERBALLY CONFIRM THE INFORMATION IN THE ANNUAL DISCLOSURE STATEMENT AND ALSO DISCUSS ANY POTENTIAL CONFLICTS AT THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES WILL DETERMINE COMPENSATION FOR THE HEAD OF SCHOOL AND OTHER OFFICERS USING THE FOLLOWING CRITERIA: 1. THE TRANSACTION IS APPROVED BY AN AUTHORIZED BODY OF THE ORGANIZATION, WHICH IS COMPOSED OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST CONCERNING THE TRANSACTION. 2. PRIOR TO MAKING ITS DETERMINATION, THE AUTHORIZED BODY OBTAINED AND RELIED UPON APPROPRIATE DATA AS TO COMPARABILITY. 3. THE AUTHORIZED BODY ADEQUATELY DOCUMENTS THE BASIS FOR DETERMINATION CONCURRENTLY WITH MAKING THAT DETERMINATION. THE DOCUMENTATION WILL INCLUDE: -THE TERMS OF THE APPROVED TRANSACTION AND THE DATE APPROVED; -THE MEMBERS OF THE AUTHORIZED BODY WHO WERE PRESENT DURING DEBATE ON THE TRANSACTION THAT WAS APPROVED AND THOSE WHO VOTED ON IT; -THE COMPARABILITY DATA OBTAINED AND RELIED UPON BY THE AUTHORIZED BODY AND HOW THE DATA WAS OBTAINED; -ANY ACTIONS BY A MEMBER OF THE AUTHORIZED BODY HAVING A CONFLICT OF INTEREST; AND -DOCUMENTATION OF THE BASIS FOR THE DETERMINATION BEFORE THE LATER OF THE NEXT MEETING OF THE AUTHORIZED BODY OR 60 DAYS AFTER THE FINAL ACTIONS OF THE AUTHORIZED BODY ARE TAKEN AND APPROVAL OF RECORDS AS REASONABLE, ACCURATE AND COMPLETE WITHIN A REASONABLE TIME THEREAFTER. THIS PROCESS WAS LAST UTILIZED IN THE FALL OF 2021 TO DETERMINE THE COMPENSATION FOR THE NEW HEAD OF SCHOOL WHO BEGAN HIS TENURE JULY 1, 2022. IT RESULTED IN A THREE- YEAR CONTRACT THROUGH JULY 2025. EACH YEAR, THE COMPENSATION COMMITTEE, A SUB-COMMITTEE OF THE GOVERNANCE COMMITTEE, REVIEWS THE HEAD OF SCHOOL'S COMPENSATION PER THE CONTRACT. THE HEAD OF SCHOOL DETERMINES THE COMPENSATION OF ALL OTHER KEY EMPLOYEES BASED ON A REVIEW OF PAY DATA FOR SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS. THIS PROCESS WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 104,406.