2018-02-26T14:12:22-06:00 2017-09-30 391173131 SCHENCK SC PO BOX 23819 GREEN BAY WI 543053819 990 2016-10-01 391691920 PENINSULA MUSIC FESTIVAL INC PENI 9208544060 PO BOX 340 EPHRAIM WI 54211 SUE STONE PRESIDENT 9208544060 2018-02-13 1 WENDY MALLO P01250277 9204367800 2018-02-06 74.142.163.66 2018-02-13 06:09:22 CS P A2332E9BA041B4FC086FC95AEC67015C51811E2D A5345BC4DE5C4E78ED984795A38A35ED142D6D46 2016 2021-01-29 14:40:06Z SUE STONE PO BOX 340 EPHRAIM WI 54211 814469 0 X WWW.MUSICFESTIVAL.COM X 1953 WI THE PENINSULA MUSIC FESTIVAL, INC. IS COMMITTED TO THE PRESENTATION OF EXCELLENT PERFORMANCES BY A PROFESSIONAL SYMPHONY ORCHESTRA AND THE ENHANCEMENET OF MUSIC APPRECIATION AND EDUCATION IN DOOR COUNTY, WISCONSIN. 15 15 5 70 0 0 556076 615714 186527 198019 280 -6077 508 374 743391 808030 3600 4500 0 0 138357 152696 0 0 60071 613643 654379 755600 811575 -12209 -3545 136136 144189 87477 99075 48659 45114 X THE PENINSULA MUSIC FESTIVAL, INC. IS COMMITTED TO THE PRESENTATION OF EXCELLENT PERFORMANCES BY A PROFESSIONAL SYMPHONY ORCHESTRA AND THE ENHANCEMENT OF MUSIC APPRECIATION AND EDUCATION IN DOOR COUNTY, WISCONSIN. 0 0 682888 4500 198310 THE PENINSULA MUSIC FESTIVAL, INC. (PMF) FINANCES AND PRESENTS EXCELLENT PERFORMANCES BY A PROFESSIONAL ORCHESTRA OF DEDICATED MUSICIANS EACH SUMMER IN DOOR COUNTY, WISCONSIN. THE PMF PRESENTS A BROAD REPERTOIRE, PROMOTES YOUNG ARTISTS AND ENCOURAGES THE APPRECIATION OF MUSIC. THE PMF WAS FOUNDED IN 1953 BY LORENZ HEISE, KAY WILSON, AND THOR JOHNSON AND WAS INSPIRED BY THE EARLY MORAVIAN MUSIC FESTIVAL. CURRENTLY HAVING COMPLETED ITS 65TH YEAR, THE PMF PRESENTS NINE DIFFERENT CONCERTS THE FIRST THREE WEEKS OF AUGUST EVERY YEAR FEATURING MUSICIANS REPRESENTING AMERICA'S FINEST ORCHESTRAS. EACH CONCERT FEATURES A GUEST ARTIST OF NATIONAL STATURE. THE PMF IS THE ONLY FULLY PROFESSIONAL SYMPHONY ORCHESTRA IN NORTHEAST WISCONSIN. VICTOR YAMPOLSKY, HEAD OF ORCHESTRAS AT NORTHWESTERN UNIVERSITY, HAS BEEN THE CONDUCTOR AND MUSIC DIRECTOR FOR 32 YEARS. ADDITIONAL PRESENTATIONS INCLUDE WINTER CHAMBER CONCERTS AND BENEFIT CONCERTS. ADDITIONALLY, THE PMF PROVIDES COLLEGE SCHOLARSHIPS AND SUMMER MUSIC AWARDS. THERE IS ALSO AN EXTENSIVE INTERNSHIP PROGRAM AVAILABLE IN ARTS ADMINISTRATION. OVER 6,000 PEOPLE ATTENDED THE NINE CONCERTS. IN THE LAST 26 YEARS, THE OPERATING BUDGET OF THE PMF HAS GROWN SUBSTANTIALLY. THE ENDOWMENT HAS GROWN FROM $450,000 TO $4.6 MILLION IN 20 YEARS. THE CONSERVATIVE STRATEGY SET BY THE TRUSTEES THAT STRESSES LONG-TERM STABILITY RATHER THAN QUICK GROWTH HAS PAID OFF FOR THE PMF. THE PMF PRIDES ITSELF ON FOCUSING ON THE HIGH QUALITY OF THE ORCHESTRA AND OPERATING WITH LOW ADMINISTRATIVE OVERHEAD. IN THE PREVIOUS TEN YEARS, THE ADMINISTRATIVE PORTION OF THE BUDGET ONLY GREW AT A RATE OF 1.5%. THE ENDOWMENT HAS CONTINUED TO GROW THROUGH STRONG, STABLE INVESTMENTS AND ADDITIONAL CONTRIBUTIONS. THE BOARD OF DIRECTORS HAS COMMITTED ITSELF TO RAISING AN ADDITIONAL $1 MILLION FOR THE ENDOWMENT OVER FIVE YEARS AND HAS RAISED WELL OVER HALF THAT AMOUNT IN THE FOUR YEARS OF THE CAMPAIGN SO FAR. THE PMF AWARDED A COLLEGE SCHOLARSHIP THIS PAST YEAR AND NUMEROUS MUSIC AWARDS TO ENCOURAGE MUSIC STUDENTS TO ATTEND CAMPS AND TAKE PRIVATE LESSONS. THE PMF ALSO SUPPORTED THE GIBRALTAR HIGH SCHOOL MUSIC BOOSTERS THROUGH A DONATION AND HAS PARTNERED WITH THE SEVASTOPOL MUSIC BOOSTERS TO PROVIDE THE CONCESSIONS AT CONCERTS. THIS WAS THE SEVENTH YEAR OF THE FESTIVAL'S $10 STUDENT/CHILDREN TICKET PROGRAM WHICH WAS UNDERWRITTEN BY A GENEROUS DONATION FROM THE MAIHAUGEN FOUNDATION AND OTHER LOCAL DONATIONS. OVER 200 YOUNG PEOPLE TOOK ADVANTAGE OF THE $10 TICKET FOR ANY SEAT TO ANY CONCERT AT ANY TIME. IN ADDITION TO THE NINE CONCERTS IN THREE WEEKS, THE PMF PRESENTED FEBRUARY FEST WHICH FEATURED MEMBERS OF THE ORCHESTRA IN CHAMBER ENSEMBLES. FEBRUARY FEST KEEPS THE PMF IN THE PUBLIC EYE DURING THE 11 MONTHS FROM SEPTEMBER TO AUGUST. IT ALSO ALLOWS AUDIENCE MEMBERS TO HEAR THE DEPTH OF TALENT IN THE ORCHESTRA BY BRINGING ORCHESTRA MEMBERS BACK DURING THE OFF SEASON TO PERFORM. THE AUDIENCE ENJOYS HEARING THE CONCERTS, AS WELL AS HAVING A CHANCE TO BECOME FAMILIAR WITH THE ORCHESTRA MEMBERS IN A MORE INTIMATE SETTING AND DURING THE QUIET TIME OF THE YEAR. THE EMERGING CONDUCTOR PROGRAM COMPLETED ITS FIFTH YEAR WITH OVER THIRTY APPLICANTS FOR THREE POSITIONS. THE FIRST TWO YEARS WERE TRIAL YEARS AND THANKS TO FEEDBACK FROM OUR 'GUINEA PIGS' HAS NOW BEEN ADAPTED AS A PART OF THE FESTIVAL'S EDUCATION OUTREACH PROGRAMS. THE PENINSULA MUSIC FESTIVAL'S EMERGING CONDUCTOR PROGRAM WILL PROVIDE TRAINING AND EXPOSURE FOR ASPIRING CONDUCTORS WITH A PROFESSIONAL ORCHESTRA. THE PROGRAMS INTENTION IS TO PROVIDE BROAD EXPERIENCE WITH ALL ASPECTS OF ORCHESTRA CONDUCTING AND MANAGEMENT TO ENHANCE THEIR CAREER GOALS.THE PMF OPERATES WITH NO ACCUMULATED DEFICIT. THE PMF CONTINUES TO WORK WITH THE ROADS SCHOLAR PROGRAM (FORMALLY ELDER HOSTEL) TO PRESENT TWO ONE-WEEK PROGRAMS ON THE HISTORY AND WORKINGS OF THE PMF. THE PROGRAM HAS GROWN TO TWO PROGRAMS FOR ONE WEEK EACH FOR THE PAST TWO YEARS. 59 TRAVELERS PARTICIPATED IN THE PROGRAM. THIS PROGRAM HAS BEEN BOOKED FOR 2018 AND THE SECOND WEEK WILL CONTINUE IF ENROLLMENT DICTATES THE NEED. THE PMF SUSTAINING COMMITTEE (OUR VOLUNTEER ARM) CONTINUES TO BE THE BACKBONE OF THE ORGANIZATION. 55 VOLUNTEERS PROVIDE THOUSANDS OF HOURS OF SERVICE TO THE ORGANIZATION BY PICKING UP GUEST ARTISTS FROM THE AIRPORT, PROVIDING FOOD FOR MUSICIANS, AND WORKING AS USHERS AND PARKING ATTENDANTS FOR THE CONCERTS. FOR EVALUATION PURPOSES, THE PMF CURRENTLY USES A THREE-PHASE EVALUATION SYSTEM SET FORTH BY THE LEAGE OF AMERICAN ORCHESTRAS. THE COMPONENTS INCLUDE: ADMINISTRATIVE - WE LOOK AT THE ORGANIZATIONAL STRUCTURE, BOARD, STAFF AND VOLUNTEERS AS WELL AS MARKETING AND DEVELOPMENT; FINANCIAL - PLANNING AND REPORTING; ARTISTIC - REPERTOIRE, OPERATIONAL AND PROFESSIONAL DEVELOPMENT. THOUGH OUR GEOGRAPHIC LOCATION CONTINUES TO CHALLENGE US, THE PMF HAD ONE OF ITS BEST YEARS EVER. THE PMF ACHIEVED MANY OF ITS GOALS AND FULFILLED ITS MISSION THANKS TO A STRONG BOARD OF DIRECTORS, A WELL-TRAINED ADMINISTRATIVE STAFF, AND A GREAT CORE OF VOLUNTEERS. THIS TRIO HAS PROVIDED THE FINANCIAL RESOURCES FOR THE PMF TO GROW WHERE IT COUNTS - IN THE QUALITY OF ITS ARTISTIC PRODUCT AND ITS OUTREACH TO THE PEOPLE IN THE COMMUNITY IT SERVES. 682888 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 93 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X X SHARON GRUTZMACHER 9208544060 PO BOX 340 EPHRAIM WI 54211 SUE STONE PRESIDENT 5.00 X X 0 0 0 DAVID KEEN VICE PRESIDENT 0.40 X X 0 0 0 TOM TURRIFF SECRETARY 2.70 X X 0 0 0 WILLIAM MILLER TREASURER 3.00 X X 0 0 0 CAROLE BERGNER PMFSC PRESIDENT 0.80 X 0 0 0 BARB RISTAU DIRECTOR 0.70 X 0 0 0 NORMA BRAMSEN DIRECTOR 0.70 X 0 0 0 GAIL FISCHER DIRECTOR 1.00 X 0 0 0 MYRON MARLETT DIRECTOR 0.70 X 0 0 0 MARILYN PETERSON DIRECTOR 3.00 X 0 0 0 CYNTHIA SARGENT DIRECTOR 3.00 X 0 0 0 DIANE TRENCHARD DIRECTOR 3.00 X 0 0 0 ASHTON WALLER DIRECTOR 1.00 X 0 0 0 TONY VALLERA DIRECTOR 0.20 X 0 0 0 WILLIAM WIGGINS ORCHESTRA LIASON 0.60 X 0 0 0 ROBERT DUNWORTH DIRECTOR 1.00 X 0 0 0 SHARON GRUTZMACHER EXECUTIVE DIRECTOR 40.00 X 82500 0 2475 82500 0 2475 0 0 0 0 0 284351 331363 4500 615714 CONCERT REVENUE 711300 198019 198019 198019 362 362 83 83 6439 -6439 -6439 -6439 MISCELLANEOUS REVENUE 900099 291 291 291 808030 198310 0 -5994 X 4500 4500 84975 42488 12746 29741 57055 30617 7932 18506 10666 5490 1553 3623 10 10 29476 29476 436981 431207 5774 55478 55478 37542 31131 2700 3711 43614 35515 6753 1346 8879 7539 402 938 6049 4233 551 1265 MISCELLANEOUS 17002 16420 582 OTHER CONCERTS AND PROG 11254 11254 CONCERT ARRANGEMENTS 4500 4500 DUES AND LICENSES 3594 2516 719 359 811575 682888 68616 60071 X 13161 27725 28396 25174 6236 15435 131415 55560 88343 75855 136136 144189 87427 98924 50 151 87477 99075 X 48659 45114 48659 45114 136136 144189 -3545 0 X X 0 1 X 1 0 X 434139 524800 521844 556076 615714 2652573 434139 524800 521844 556076 615714 2652573 163820 2488753 606 387 551 387 445 2376 21013 17913 17088 17832 73846 1979 563 250 401 291 3484 2732279 900210 0.91090 0.91300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4391427 19928 496575 284351 4623579 4272001 125605 228610 234789 4391427 4496434 40647 -38580 226500 4272001 4374567 19479 320539 218151 4496434 4035937 193457 337268 192095 4374567 0.04350 0.71920 0.23730 0 1 1 131415 55560 75855 75855 X PART V, LINE 4: THE ENDOWMENT FUND IS ADMINISTERED BY THE THOR JOHNSON ENDOWMENT TRUST (A RELATED ORGANIZATION) FOR THE PENINSULA MUSIC FESTIVAL, INC. THE ENDOWMENT FUND WAS ESTABLISHED TO SUPPORT THE MISSION OF THE PENINSULA MUSIC FESTIVAL, INC. DISTRIBUTIONS FROM THESE FUNDS ARE ORDINARILY MADE ANNUALLY TO THE ORGANIZATIONS PER APPROVED APPROPRIATION BY THE BOARD OF DIRECTORS. IT IS THE REQUIREMENT OF THE TRUST THAT THE ORGANIZATIONS RETAIN 5% OF THE RETURNS TO ALLOW ITS ENDOWMENT FUND TO GROW AT AN AVERAGE OF 8% ANNUALLY. THIS IS CONSISTENT WITH THE ORGANIZATIONS' OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH INVESTMENT RETURN. PART X, LINE 2: PENINSULA MUSIC FESTIVAL, INC. AND THOR JOHNSON ENDOWMENT TRUST ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION ON UNRELATED BUSINESS INCOME. IN ADDITION, THE ORGANIZATIONS QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS UNDER SECTION 509(A)(2). THE ORGANIZATIONS ARE ALSO EXEMPT FROM WISCONSIN INCOME TAXES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS E-MAILED TO ALL BOARD MEMBERS, ALONG WITH A TREASURER'S REPORT EXPLAINING WHAT TO REVIEW AND HOW TO INTERPRET THE INFORMATION. THE EXECUTIVE COMMITTEE REVIEWS FORM 990 IN DETAIL AT ITS JANUARY MEETING. THE REPRESENTATIVE OF THE AUDITORS JOINS THE APRIL BOARD MEETING BY PHONE TO ANSWER QUESTIONS AND REVIEW THE AUDIT WITH THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS GIVEN TO ALL NEW BOARD MEMBERS AND THE POLICIES ARE REVIEWED WITH THEM. THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY AS PART OF THEIR ANNUAL BOARD ASSESSMENT. BOARD MEMBERS RECUSE THEMSELVES FROM VOTES IF A CONFLICT OF INTEREST IS PRESENT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE MEETS PRIOR TO THE END OF THE FISCAL YEAR TO DISCUSS THE EXECUTIVE DIRECTOR'S PERFORMANCE FOR THE YEAR. THE COMMITTEE DISCUSSES THE EXECUTIVE DIRECTOR'S STRENGTHS AND WEAKNESSES, AND RECOMMENDS A SALARY FOR THE FOLLOWING YEAR. AFTER THE DISCUSSION, THE BOARD PRESIDENT PREPARES A WRITTEN EVALUATION AND SUBMITS IT, ALONG WITH A CONTRACT, TO THE EXECUTIVE DIRECTOR FOR DISCUSSION AND APPROVAL. FOR OTHER EMPLOYEES, THE EXECUTIVE DIRECTOR PERFORMS AN ANNUAL REVIEW, AND THEIR ANNUAL COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AS THEY SET THE ANNUAL BUDGET FOR THE UPCOMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ALL DOCUMENTS ARE AVAILABLE AT THE FESTIVAL OFFICE. FORM 990, PART IX, LINE 11G INDEPENDENT CONTRACTORS: PROGRAM SERVICE EXPENSES 431,207. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 431,207. WEBSITE MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,774. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,774. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR THE PROCESS USED TO SELECT AN INDEPENDENT ACCOUNTANT. THOR JOHNSON ENDOWMENT TRUST PO BOX 340 EPHRAIM WI 54211 391791596 PROVIDE GRANTS TO PENINSULA MUSIC FESTIVAL, INC. WI 501(C)(3) LINE 12A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 THOR JOHNSON ENDOWMENT TRUST C 284351 CASH