2020-04-14T07:56:53-05:00 2019-05-31 BDO USA LLP 200 OTTAWA AVE NW STE 300 GRAND RAPIDS MI 49503 990 2018-06-01 381689022 Interlochen Center for the Arts % PATRICK M KESSEL VP FINANCE INTE 2312767200 PO Box 199 Interlochen MI 49643 PATRICK M KESSEL VP FINANCE & OPS 2312767200 2020-03-26 true JACOB COOK P01240455 6167747000 68.55.41.22 38868920201055000012 2020-04-14 P 388BD0497E2E11EFF380BD526D3A0F5F00ED5B2D 5B647EDC1EA3D2D73D6BFB779DE102FCC5954E55 2018 2021-01-29 14:40:06Z PATRICK M KESSEL PO Box 199 INTERLOCHEN MI 49643 119418242 false X WWW.INTERLOCHEN.ORG X 1927 MI ENGAGE AND INSPIRE PEOPLE WORLDWIDE THROUGH EXCELLENCE IN EDUCATIONAL, ARTISTIC AND CULTURAL PROGRAMS, ENHANCING THE QUALITY OF LIFE THROUGH THE UNIVERSAL LANGUAGE OF ARTS. 28 27 1588 578 115598 114598 8225801 13848513 46717311 50648384 5980693 8801580 1512872 1536338 62436677 74834815 13769665 15698787 0 0 28330732 29177087 0 0 3076994 16222682 18990634 58323079 63866508 4113598 10968307 216420556 225671804 46017047 48184361 170403509 177487443 X INTERLOCHEN CENTER FOR THE ARTS ENGAGES AND INSPIRES PEOPLE WORLDWIDE THROUGH EXCELLENCE IN EDUCATIONAL, ARTISTIC AND CULTURAL PROGRAMS, ENHANCING THE QUALITY OF LIFE THROUGH THE UNIVERSAL LANGUAGE OF THE ARTS. false false 31080399 12971463 32542779 Interlochen Arts Academy, the nation's first and foremost boarding fine arts high school, unites students with others who value their highest aspirations, creating a close-knit artists' community. Five hundred of the world's most talented and motivated young artists study music, dance, theatre, visual arts, creative writing and motion picture arts in a college-like setting. They find in the academy a fast-paced, creative environment that challenges, inspires and focuses their talents. While producing more than 250 artistic presentations in the school year, academy students also master a rigorous college preparatory academic curriculum that prepares them to take prominent.... Continued on schedule o 13813511 2726830 14532303 The world's premier summer arts program for aspiring artists grades 3 through 12. Interlochen Arts Camp attracts students, faculty and staff from all 50 U.S. states, and more than 40 countries. The world's best and brightest students train intensively with world class instructors and produce more than 400 presentations each summer in dance, theater, creative writing, visual arts, film and new media and music. During summer 2018, there were 2,782 students, of which 841 students received grants. 2466698 3248299 Interlochen Presents brings a world of superb presentations to the doorstep of northwest lower Michigan, enhancing the region's position on the global arts map. More than 600 events each year by students, faculty and distinguished guest artists make Interlochen one of the nation's largest arts presenters. There is a combined seating capacity of 12,500 and approximately 130,000 attendees annually. 1973359 494 325003 49333967 true true false false false false false true false true true true false false true false true false true false true false true false false false false false true true true false false false false false false false false false false true false false false false true true true false false true 239 0 true 1588 true true true true CA CJ LU false false false false false false false false false false X 28 27 false false false false false false false true true false false false true true true true true true false false MI X X PATRICK M KESSEL VP FINANCE 2312767200 OPERATIONS PO BOX 199 INTERLOCHEN MI 49643 Arthur Devey President Ex Officio Trustee 50.0 0.0 X X 536656 0 35385 Glynn T Williams Chairman of the Board 1.5 0.0 X X 0 0 0 Becky Ruthven Vice Chair 1.5 0.0 X X 0 0 0 Sarah K Harding Vice Chair 1.5 0.0 X X 0 0 0 David P Min Ex-Officio Trustee 1.5 0.0 X 0 0 0 Bruce Corner Ex-Officio Trustee 1.5 0.0 X 0 0 0 Keith W Baum Trustee 1.5 0.0 X 0 0 0 Gordon F Brunner Trustee 1.5 0.0 X 0 0 0 Andrew W Cordonnier Trustee 1.5 0.0 X 0 0 0 Casey G Cowell Trustee 1.5 0.0 X 0 0 0 Mohamed El-Erian Trustee 1.5 0.0 X 0 0 0 Lowell J Gruman Trustee 1.5 0.0 X 0 0 0 Cynthia L Hann Trustee 1.5 0.0 X 0 0 0 Steven E Hayden Trustee 1.5 0.0 X 0 0 0 Nancy Hoagland Trustee 1.5 0.0 X 0 0 0 Timothy M Jackson Trustee 1.5 0.0 X 0 0 0 Susan Kettering Trustee 1.5 0.0 X 0 0 0 Jay Kojima Trustee 1.5 0.0 X 0 0 0 Barbara Kratchman Trustee 1.5 0.0 X 0 0 0 John F Manuel Trustee 1.5 0.0 X 0 0 0 Elaine Mischler Trustee 1.5 0.0 X 0 0 0 Thomas W Morris Trustee 1.5 0.0 X 0 0 0 William C Nelson Trustee 1.5 0.0 X 0 0 0 Tom Quinn Trustee 1.5 0.0 X 0 0 0 Barrett Rollins Trustee 1.5 0.0 X 0 0 0 Claire Skinner Trustee 1.5 0.0 X 0 0 0 Sara Whiting Trustee 1.5 0.0 X 0 0 0 Kurtis T Wilder Trustee 1.5 0.0 X 0 0 0 Timothy Dougherty VP Advancement 50.0 0.0 X 377126 0 47299 Edward Farraday VP Education Programs 50.0 0.0 X 264933 0 35981 Patrick Kessel VP Finance & Operations 50.0 0.0 X 364650 0 49130 Camille Colatosti Provost 50.0 0.0 X 167289 0 2865 Katharine Laidlaw VP Media & Communications 50.0 0.0 X 215246 0 9765 Heather Cova Corp Secretary 50.0 0.0 X 84825 0 9408 Brittany Verner Corp Secretary 50.0 0.0 X 9728 0 0 Cathleen Dodge Miller AVP Advancement 50.0 0.0 X 202032 0 26824 Kim Zubrickas DIR Human Resources 50.0 0.0 X 157931 0 34233 Kedrik Merwin DIR Music 50.0 0.0 X 150616 0 33209 Daniel Besselsen AVP Finance 50.0 0.0 X 150653 0 31906 Andrew Schmitt DIR Information Technology 50.0 0.0 X 138195 0 30683 Jeffrey Kimpton President Ex Officio Trustee 50.0 0.0 X 485277 0 30250 3305157 0 376938 19 true true false Spence Brothers 800 Hastings St Suite A TRAVERSE CITY MI 49686 Construction 9091545 William Morris Endeavor Entertainme 9560 Wilshire Blvd BEVERLY HILLS CA 90210 Artist Manager 304000 Mitchell Graphics 2363 Mitchell Park Drive PETOSKEY MI 49770 BULK MAILING 288700 Goldman Sachs and Co 71 S Wacker Dr Suite 500 CHICAGO IL 60614 INVESTMENT MANAGER 199261 VP Demand Creation Services 2779 Aero Park Drive TRAVERSE CITY MI 496852236 MARKETING CONSULTANT 188549 10 297476 129240 13421797 2236918 13848513 STUDENT TUITION AND FEES 711130 46976261 46976261 CONCERT ADMISSIONS 711300 3090929 3090929 OTHER DEPARTMENT INCOME 900099 581194 581194 50648384 4170917 4170917 0 0 1383362 115598 1383362 115598 1498960 115598 1383362 46890695 307058 42269912 297178 4620783 9880 4630663 4630663 0 0 0 0 0 0 1856256 2016337 -160081 -160081 OTHER SALES 900099 197459 197459 197459 74834815 50648384 115598 10222320 0 13220282 13220282 2478505 2478505 0 2565370 906226 1083651 575493 0 21329372 16683069 3400080 1246223 1548070 1126591 304895 116584 2094470 1562248 407216 125006 1639805 1241500 288388 109917 0 31684 31684 100897 100897 0 0 199261 199261 2131263 1478576 553391 99296 660817 12704 606047 42066 4734735 3363614 949623 421498 1618067 1618067 0 1005171 848728 116027 40416 1498685 865241 424072 209372 0 170035 102471 58667 8897 387089 387089 0 1950422 1560338 390084 350261 350261 ARTIST FEES 1857453 1857453 FOOD COST 1528230 1488726 11592 27912 REPAIRS AND MAINTENANCE 169802 157895 3410 8497 UBIT 25536 25536 571226 379800 145609 45817 63866508 49333967 11455547 3076994 11306242 10701185 10173 10393 7273406 7159495 253935 32262 0 0 0 0 0 0 982497 878177 664638 1032131 119612526 50744196 56119923 68868330 105708254 93029341 33106802 42957226 0 0 0 0 994686 1003264 216420556 225671804 7602252 9426787 0 0 12631163 13024281 25228569 25239284 0 0 0 0 0 0 0 0 555063 494009 46017047 48184361 X 110909326 124826616 27000245 17587356 32493938 35073471 170403509 177487443 216420556 225671804 10968307 -3884373 X false true X true false X 14915943 10111241 16506654 8225801 13848513 63608152 0 0 14915943 10111241 16506654 8225801 13848513 63608152 2860822 60747330 3474312 4334073 5111255 4771847 5554279 23245766 99762 95967 117293 121610 115598 550230 211477 252135 192246 204679 197458 1057995 88462143 241037316 0.68670 0.65984 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 88169751 4893836 2905487 1235404 6261659 88472011 109370490 1522791 10150193 1235210 31638513 88169751 96587978 3711554 12574526 975593 2527975 109370490 103592159 899762 -2907937 1000355 3995651 96587978 84054567 18390891 4178019 1019431 2011887 103592159 0.47700 0.39640 0.12660 false false 0 506951 506951 0 68033753 35659607 32374146 0 4901163 2568924 2332239 0 23878212 12515665 11362547 0 22292447 22292447 68868330 TREASURY INFLATION PROT SEC 5490692 F INTL EQUITY, LARGE BLEND 9613791 F ASSET ALLOCATION 11437810 F PRIVATE EQUITY 16414933 F 42957226 0 ANNUITIES PAYABLE 494009 494009 57068731 -3884373 -15698787 -19583160 76651891 199261 -2016337 -1817076 74834815 49984797 2016337 2016337 47968460 199261 15698787 15898048 63866508 SCHEDULE D, PART III, LINE 1a IN 1969, LELAND B GREENLEAF, PRESIDENT OF THE CONN CORPORATION, DONATED A LARGE COLLECTION OF MUSICAL INSTRUMENTS TO INTERLOCHEN CENTER FOR THE ARTS. THE COLLECTION CONSISTS OF 250 INSTRUMENTS AND A COMPLETE SET OF BRASS MOUTH PIECES. MANY OF THE INSTRUMENTS WERE MADE BEFORE 1900. THE LELAND B GREENLEAF COLLECTION WAS APPRAISED RECENTLY WITH A VALUE OF APPROXIMATELY $275,000. SCHEDULE D, PART III, LINE 4 As an educational institution focused on the arts, the Leland B Greenleaf collection furthers our exempt purpose by exposing our students to the early history of music and musical instruments. SCHEDULE D, PART V, LINE 4 The organization's endowment funds are used to support annual scholarships, operations and capital needs. The Board of Trustees of Interlochen Center for the Arts has adopted a policy of appropriating for distribution each year 4.5 percent of its endowment funds' average fair market value over the prior five years. SCHEDULE D, PART XI, LINE 2D Financial Aid: $(15,698,787) SCHEDULE D, PART XI, LINE 4B Cost of Goods Sold: $(2,016,337) SCHEDULE D, PART XII, LINE 2D Cost of Goods Sold: $ 2,016,337 SCHEDULE D, PART XII, LINE 4B Financial Aid: $ 15,698,787 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 Our nondiscrimination policy statement is included in publicity releases, brochures, catalogs, advertising materials and on our website - all available upon request. SCHEDULE E, PART I, LINE 6A Interlochen Center for the Arts ("ICA") received grant funding from the Michigan Council for Arts and Cultural Affairs. A small portion of this grant is provided by the National Endowment for the Arts. true Central America and the Caribbean 0 0 Program Services Scholarships & Fin Aid 26990 East Asia and the Pacific 0 0 Program Services Scholarships & Fin Aid 1052600 Europe (Including Iceland and Greenland) 0 0 Program Services Scholarships & Fin Aid 361655 Middle East and North Africa 0 0 Program Services Scholarships & Fin Aid 1000 North America 0 0 Program Services Scholarships & Fin Aid 426255 Russia and the Newly Independent States 0 0 Program Services Scholarships & Fin Aid 57200 South America 0 0 Program Services Scholarships & Fin Aid 503225 South Asia 0 0 Program Services Scholarships & Fin Aid 1000 Sub-Saharan Africa 0 0 Program Services Scholarships & Fin Aid 48580 Central America and the Caribbean 0 0 Investments 7775611 Europe (Including Iceland and Greenland) 0 0 Investments 8639322 0 0 0 0 18893438 18893438 STUDENT FINANCIAL AID Central America and the Caribbean 5 26990 Tuition Offs FMV STUDENT FINANCIAL AID East Asia and the Pacific 53 1052600 TUITION OFFS FMV STUDENT FINANCIAL AID Europe (Including Iceland and Greenland) 14 361655 TUITION OFFS FMV STUDENT FINANCIAL AID North America 24 426255 TUITION OFFS FMV STUDENT FINANCIAL AID Russia and the Newly Independent States 1 57200 TUITION OFFS FMV STUDENT FINANCIAL AID South America 25 503225 TUITION OFFS FMV STUDENT FINANCIAL AID South Asia 1 1000 TUITION OFFS FMV STUDENT FINANCIAL AID Sub-Saharan Africa 5 48580 TUITION OFFS FMV STUDENT FINANCIAL AID Middle East and North Africa 1 1000 TUITION OFFSET FMV true false true true false false SCHEDULE F, PART I, LINE 2 The grants are non-cash financial aid that is awarded to enrolled foreign students. The financial aid award reduces the tuition balance that is owed by the student's parents. Interlochen Center for the Arts maintains records to substantiate the amount of financial aid awarded and the student's eligibility based on need. As the grant is non-cash financial aid, it is not necessary to monitor. true STUDENT FINANCIAL AID 1103 13220282 FMV Tuition offset SCHEDULE I, PART I, LINE 2 The grants are non-cash financial aid that is awarded to enrolled students in the United States. The financial aid award reduces the tuition balance that is owed by the student's parents. Interlochen Center for the Arts maintains records to substantiate the amount of financial aid awarded and the student's eligibility based on need. As the grant is non-cash financial aid it is not necessary to monitor. X X X true true X X X X false true false false false false false false false Arthur Devey President Ex Officio Trustee 457314 0 79342 0 0 0 0 0 35385 0 572041 0 0 0 Jeffrey Kimpton President Ex Officio Trustee 0 0 0 0 485277 0 30250 0 0 0 515527 0 0 0 Timothy Dougherty VP Advancement 332008 0 33518 0 11600 0 30250 0 17049 0 424425 0 0 0 Edward Farraday VP Education Programs 184933 0 80000 0 0 0 30250 0 5731 0 300914 0 0 0 Patrick Kessel VP Finance & Operations 319441 0 32185 0 13024 0 30250 0 18880 0 413780 0 0 0 Camille Colatosti Provost 152416 0 0 0 14873 0 0 0 2865 0 170154 0 0 0 Katharine Laidlaw VP Media & Communications 107329 0 60000 0 47917 0 0 0 9765 0 225011 0 0 0 Cathleen Dodge Miller AVP Advancement 191158 0 10874 0 0 0 21093 0 5731 0 228856 0 0 0 Kim Zubrickas DIR Human Resources 147931 0 10000 0 0 0 17953 0 16280 0 192164 0 0 0 Kedrik Merwin DIR Music 150616 0 0 0 0 0 16929 0 16280 0 183825 0 0 0 Daniel Besselsen AVP Finance 139653 0 11000 0 0 0 16703 0 15203 0 182559 0 0 0 Andrew Schmitt DIR Information Technology 127495 0 10700 0 0 0 15760 0 14923 0 168878 0 0 0 SCHEDULE J, PART I, LINE 1B Interlochen Center for the Arts ("ICA") provides a residence for personal use to the president. The residence for the president is located on ICA's campus, is provided for the convenience of ICA, and the president is required to accept the lodging as a condition of his employment. The president's residence is used regularly for business related functions. As such, the benefit was not treated as taxable compensation for the president. ICA paid a grossed-up bonus to the president equal to 11% of his compensation as he was not yet eligible to participate in ICA's 401(a) retirement plan. During calendar year 2018, ICA purchased four first class plane tickets for the vice president of advancement for donor cultivation trips. The tickets were not treated as taxable compensation for the vice president of advancement. Lastly, ICA paid the payroll taxes for the provost and vice president of strategic communications and engagement associated with their moving allowance packages. The moving allowances were treated as taxable compensation for the provost and vice president of strategic communications and engagement. SCHEDULE J, PART I, LINE 4B Compensation in the amount of $485,277 for Jeffrey Kimpton, former President Ex Officio, during the year was related to the change in ownership of a split dollar life insurance policy. A ECON DEVELOPMENT CORP OF THE TWNSHP OF GREEN LAKE 522043802 393096AB8 2004-08-11 26300000 SEE SCHEDULE K, SUPPLEMENTAL INFO false false false A 0 0 26494241 0 0 0 319656 0 0 7175169 18999416 0 2006 true false true true A false false false false 0 true false false false A false false true false true false 0 true PALLAS CAPITAL CORP 2. false false true A false SCHEDULE K, PART I, COLUMN F The purpose of the bond was to refund the $16,100,000 bond issue that was done in June 1997, refund a $2,850,000 bank term note, construct the new Creative Writing building, construct an addition to the Harvey Theater building, and miscellaneous capital items. SCHEDULE K, PART II, LINE 3 The total proceeds of the bond issue are $194,241 greater than the bonds issue price of $26,300,000 due to investment earnings. SCHEDULE K, PART IV, LINE 2C The rebate computation was performed on July 31, 2009. X 51 2236918 SEE PT II SUPPLEMENT 2 false true false SCHEDULE M, PART I, LINE 9(D) The average price between the highest and lowest quoted selling price on the date the security is received is used to determine the contribution revenue that is recorded. If there are no sales on the date the security is received then the average price between the highest and lowest sales price on the nearest date before and on the nearest date after the security is received is used to determine the contribution revenue that is recorded, assuming that there were sales of the security within a reasonable period before and after the date it is received. FORM 990, PART III, LINE 4A - CONTINUED roles in a whole universe of professional endeavors. During school year 2018/2019 there were 532 students; 391 students received grants. FORM 990, PART III, LINE 4D EXPENSES: $1,726,689. GRANTS: $0. REVENUE: $0. Interlochen Public Radio ("IPR") through two listener-supported broadcast services, connects northwest lower Michigan with arts, news and culture on a global scale. IPR also gives significant focus to local and regional news, information and artists, providing a trusted context for community discussion and showcasing the vitality and diversity of the grand traverse region. Serving listeners all over northern Michigan - and all over the world via the internet - IPR values its potential to impact individual lives every day, 24 hours a day. Coverage area includes most of the northern two-thirds of lower Michigan and the eastern third of the upper peninsula of Michigan. EXPENSES: $246,670. GRANTS: $494. REVENUE: $325,003. Interlochen College of Creative Arts offers an engaging - and evolving - series of classes and programs for adults called "Interlochen for life." Members of the Interlochen community - of all ages - thrive on opportunities to learn and express themselves creatively and on the strong relationships that result from such meaningful endeavors. FORM 990, PART VI, LINE 11B The form 990 is prepared by Interlochen Center for the Arts ("ICA") external accounting firm, BDO. By board of trustee policy, the draft of the form 990 is reviewed by the vice president of finance, president, and the chair of board of trustees. FORM 990, PART VI, LINE 12C Interlochen Center for the Arts ("ICA") conflict of interest policy and annual disclosure requirements cover all board of trustee members (elected and ex-officio) and officers. The annual disclosures are accumulated and maintained by the corporate secretary. They are available for review by the ICA president and chair of the board of trustees. If a board of trustee member had a conflict involving a matter before the board then they would remove themselves from the deliberation and decision making process. FORM 990, PART VI, LINE 15A The board of trustees creates an ad hoc presidential review committee which annually reviews the compensation of Interlochen Center for the Arts president. There are a variety of inputs for the committee, including a self-evaluation, goals completion, and the balance between various employee classes. In addition, the committee reviews national compensation comparisons with non-profits of similar size and stature to Interlochen Center for the Arts. Once the reviews are complete, the committee makes a salary recommendation to the full board of trustees which then votes on the matter. This process was last undertaken in October 2018. The board of trustees annually creates an ad hoc presidential review committee. The Interlochen Center for the Arts ("ICA") president makes compensation recommendations for ICA's officers to the presidential review committee. The president's recommendations are based on self-evaluations, goals completion, and the balance between various employee classes. The president also reviews national compensation comparisons with non-profits of similar size and stature to ICA. The president's compensation recommendations are discussed and reviewed by the presidential review committee however they are not formally voted upon. This process was last undertaken in October 2018 for the following ICA employee positions: Vice President of Finance and Operations, Interim Vice President of Advancement, Vice President of Strategic Communications and Engagement, and Provost. FORM 990, PART VI, LINE 19 INTERLOCHEN CENTER FOR THE ART'S ("ICA") GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE POSTED ON ICA'S WEBSITE. CANADIAN FRIENDS OF INTERLOCHEN PO BOX 9401 STATION A TORONTO ONTARIO CA M5W 4E1 SCHOLARSHIPS CA 501(C)(3) 7 ICA true false false true false false false false false false false false true false false true false false false false CANADIAN FRIENDS OF INTERLOCHEN C 297476 FMV