MANHATTAN SCHOOL OF MUSIC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: MANHATTAN SCHOOL OF MUSIC (EIN 13-1656667)
Tax period: 2015-07-01 to 2016-06-30
Filed: 2017-05-12
IRS object ID: 201721329349302902
Schema version: 2015v3.0
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 K
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-05-12T11:03:13-05:00	ReturnTs
Tax Period End	2016-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	350921680	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CROWE HORWATH LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	488 Madison Avenue	AddressLine1Txt
Address Line2	Floor 3	AddressLine2Txt
City	New York	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	100225702	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2015-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	131656667	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MANHATTAN SCHOOL OF MUSIC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MANH	BusinessNameControlTxt
Phone	2127492802	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	120 CLAREMONT AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10027	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	GARY W MEYER	PersonNm
Person Title	VP for Business & Finance	PersonTitleTxt
Signature	2017-05-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RACHEL SPURLOCK	PreparerPersonNm
PTIN	P00520729	PTIN
Phone	2125725500	PhoneNum

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JAMES GANDRE	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	120 CLAREMONT AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10027	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$75,678,225	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.MSMNYC.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1920	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	MANHATTAN SCHOOL OF MUSIC IS A COLLEGE CONSERVATORY PROVIDING EDUCATION TO APPROXIMATELY 950 COLLEGE STUDENTS AND 475 PRECOLLEGE STUDENTS.	ActivityOrMissionDesc
Voting Members Governing Body	19	VotingMembersGoverningBodyCnt
Voting Members Independent	16	VotingMembersIndependentCnt
Total Employee	1227	TotalEmployeeCnt
Total Volunteers	16	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$2,541,859	PYContributionsGrantsAmt
CY Contributions Grants	$2,456,522	CYContributionsGrantsAmt
PY Program Service Revenue	$43,463,414	PYProgramServiceRevenueAmt
CY Program Service Revenue	$50,583,266	CYProgramServiceRevenueAmt
PY Investment Income	$245,672	PYInvestmentIncomeAmt
CY Investment Income	$1,960,364	CYInvestmentIncomeAmt
PY Other Revenue	$1,673,544	PYOtherRevenueAmt
CY Other Revenue	$1,742,176	CYOtherRevenueAmt
PY Total Revenue	$47,924,489	PYTotalRevenueAmt
CY Total Revenue	$56,742,328	CYTotalRevenueAmt
PY Grants And Similar Paid	$11,135,477	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$14,437,637	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$25,134,665	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$26,696,279	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$45,553	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$19,375	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$964,247	CYTotalFundraisingExpenseAmt
PY Other Expenses	$12,149,983	PYOtherExpensesAmt
CY Other Expenses	$12,508,713	CYOtherExpensesAmt
PY Total Expenses	$48,465,678	PYTotalExpensesAmt
CY Total Expenses	$53,662,004	CYTotalExpensesAmt
PY Revenues Less Expenses	-$541,189	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$3,080,324	CYRevenuesLessExpensesAmt
Total Assets BOY	$88,635,211	TotalAssetsBOYAmt
Total Assets EOY	$89,181,184	TotalAssetsEOYAmt
Total Liabilities BOY	$39,873,331	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$40,517,106	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$48,761,880	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$48,664,078	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	MANHATTAN SCHOOL OF MUSIC IS A COLLEGE CONSERVATORY PROVIDING EDUCATION TO APPROXIMATELY 950 COLLEGE STUDENTS AND 475 PRECOLLEGE STUDENTS. MANHATTAN SCHOOL OF MUSIC IS DEEPLY COMMITTED TO EXCELLENCE IN EDUCATION, PERFORMANCE, AND CREATIVE ACTIVITY; TO THE HUMANITY OF THE SCHOOL'S ENVIRONMENT; AND TO THE CULTURAL ENRICHMENT OF THE LARGER COMMUNITY. A PREMIERE INTERNATIONAL CONSERVATORY, MSM INSPIRES AND EMPOWERS HIGHLY TALENTED INDIVIDUALS TO REALIZE THEIR POTENTIAL. WE TAKE FULL ADVANTAGE OF NEW YORK'S ABUNDANT LEARNING AND PERFORMANCE OPPORTUNITIES, PREPARING OUR STUDENTS TO BE ACCOMPLISHED AND PASSIONATE PERFORMERS, COMPOSERS AND TEACHERS, AND IMAGINATIVE, EFFECTIVE CONTRIBUTORS TO THE ARTS AND SOCIETY.	MissionDesc
Significant New Program Srvc	Yes (true)	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$42,872,471	ExpenseAmt
Grant	$13,873,704	GrantAmt
Revenue	$40,714,071	RevenueAmt
Desc	UNDERGRADUATE AND GRADUATE PROGRAMS - MANHATTAN SCHOOL OF MUSIC OFFERS THE FOLLOWING DEGREES, DIPLOMAS AND CERTIFICATES: BACHELOR OF MUSIC (VOICE, INSTRUMENTAL PERFORMANCE, JAZZ, COMPOSITION, AND MUSICAL THEATRE) ; MASTER OF MUSIC (VOICE, INSTRUMENTAL PERFORMANCE, JAZZ, COMPOSITION, CONDUCTING, ORGAN, ACCOMPANYING, ORCHESTRAL PERFORMANCE, AND CONTEMPORARY PERFORMANCE) ; DOCTOR OF MUSICAL ARTS (VOICE, INSTRUMENTAL PERFORMANCE, JAZZ, COMPOSITION, CONDUCTING, ORGAN, AND ACCOMPANYING) ; PROFESSIONAL STUDIES CERTIFICATE AND ARTIST DIPLOMA.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$2,398,132	ExpenseAmt
Grant	$526,030	GrantAmt
Revenue	$4,543,075	RevenueAmt
Desc	PRECOLLEGE PROGRAM - A HIGHLY COMPETITIVE AND PRE-PROFESSIONAL SATURDAY MUSIC PROGRAM DEDICATED TO THE MUSICAL AND PERSONAL GROWTH OF TALENTED YOUNG MUSICIANS AGES 5-18. THE PRECOLLEGE ENROLLS APPROXIMATELY 475 STUDENTS FROM AROUND THE TRI-STATE AREA AND BEYOND, UNDER THE GUIDANCE OF SOME 140 ARTIST TEACHERS. A TYPICAL PROGRAM OF STUDY INCLUDES A 60-MINUTE PRIVATE LESSON, CLASSES IN THEORY AND EAR TRAINING, PERFORMANCE CLASSES INCLUDING LARGE AND SMALL ENSEMBLES, AND VARIOUS ELECTIVE CLASSES. STUDENTS CAN PARTICIPATE IN FOUR ORCHESTRAS, THREE CHOIRS, AND NUMEROUS CHAMBER ENSEMBLES AND JAZZ ENSEMBLES.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$500,878	ExpenseAmt
Grant	$37,903	GrantAmt
Revenue	$629,979	RevenueAmt
Desc	SUMMER PROGRAMS - MANHATTAN SCHOOL OF MUSIC OFFERS GIFTED MUSICIANS SUMMER PROGRAMS WHICH ARE UNIQUE IN NEW YORK CITY AND AT THE CONSERVATORY LEVEL NATIONWIDE. FOR MORE INFORMATION ON THE MSM SUMMER ENGLISH STUDY AND CAMP MSM, MSM SUMMER ENGLISH STUDY - SUMMER ENGLISH STUDY (SES) IS AN INNOVATIVE, EIGHT-WEEK IMMERSION PROGRAM ESPECIALLY DESIGNED FOR STUDENTS ENTERING MSM IN THE FOLLOWING FALL SEMESTER. THROUGH INTENSIVE STUDY AND INTERACTIONS WITH OTHER STUDENTS WHO ARE FLUENT IN ENGLISH, SES PARTICIPANTS PREPARE FOR MUSIC-SPECIFIC COURSEWORK AS THEY ACCLIMATE MORE GENERALLY TO AMERICAN SPEECH AND TO TO LIFE IN NEW YORK CITY. CAMP MSM - SET ON A COLLEGE CAMPUS IN THE HEART OF NEW YORK CITY, CAMP MSM IS A RESIDENTIAL CAMP (WITH A DAY CAMP OPTION) THAT PROVIDES INTENSIVE MUSICAL INSTRUCTION IN MUSICAL THEATER AND INSTRUMENTAL MUSIC FOR STUDENTS WHO HAVE COMPLETED ANY OF GRADES 6-11 (AGES 11-17). CAMPERS WILL DEVELOP THEIR MUSICAL SKILLS AND JOIN A COMMUNITY OF YOUNG MUSICIANS THROUGH A WIDE VARIETY OF MUSICAL AND SOCIAL ACTIVITIES.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$745,324	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$4,705,749	RevenueAmt
Desc	OTHER PROGRAM SERVICE ACCOMPLISHMENTS INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING ACTIVITIES: DISTANCE LEARNING - MANHATTAN SCHOOL OF MUSIC LAUNCHED ITS GROUNDBREAKING DISTANCE LEARNING PROGRAM IN 1996, THE FIRST OF ITS KIND AT A MAJOR CONSERVATORY. SINCE THEN, USING STATE-OF-THE-ART INTERACTIVE VIDEO CONFERENCE TECHNOLOGY TO ENHANCE MSM STUDENT'S CURRICULUM, WE HAVE ALSO DEVELOPED PROGRAMS TO CONNECT STUDENTS, EDUCATORS AND DISTINGUISHED ARTISTS AROUND THE GLOBE. ADDITIONALLY, OUR LIVE WEB-STREAMED CONCERTS AND MASTER CLASSES, FEATURING MSM STUDENT ENSEMBLES AND ACCLAIMED FACULTY, NOW ATTRACT A WORLDWIDE AUDIENCE. MSM DISTANCE LEARNING'S AWARD-WINNING PROGRAMS, INCLUDING THE GLOBAL CONSERVATORY FOR HIGHER EDUCATION AND MUSIC BRIDGES FOR K-12 & COMMUNITY AUDIENCES, OFFER MASTER CLASSES, PRIVATE INSTRUCTION, AND SEMINARS FOR MUSIC STUDENTS AND EDUCATORS; STANDARDS-BASED CLASSICAL AND JAZZ PROGRAMS FOR K-12; AND A VARIETY OF SELECTIONS FOR LIFELONG LEARNERS. CENTER FOR MUSIC ENTREPRENEURSHIP (CME) - IN TODAY'S MARKETPLACE, MUSICIANS NEED MORE THAN ARTISTIC EXCELLENCE; THEY NEED THE ADDED EDGE OF ENTREPRENEURIAL SKILLS TO CREATE OPPORTUNITIES AND BUILD SUCCESSFUL, SUSTAINABLE CAREERS. FOCUSING ON THE INTERSECTION OF ARTISTRY AND ENTERPRISE, THE CME SPEARHEADS ENTREPRENEURIAL INITIATIVES THAT HELP STUDENTS AND ALUMS BECOME THE CEO'S OF THEIR OWN SUCCESSFUL CAREERS. THE CME FACILITATES THE EXPLORATION OF NEW CAREER PATHS, INCOME STREAMS, AND BUSINESS MODELS THAT ARE TRANSFORMING THE PROFESSION. TAILORED TO THE DIRECT AND POSITIVE CULTURE OF MSM, THE CME CONNECTS INITIATIVES ACROSS DEPARTMENTS AND CURRICULUM. OUTREACH - THROUGH THE COMMUNITY PARTNERSHIPS PROGRAM, THE MANHATTAN SCHOOL OF MUSIC ARTS-IN-EDUCATION PROGRAM PREPARES STUDENTS TO BE EFFECTIVE ARTIST-EDUCATORS BY OFFERING PEDAGOGICAL INSTRUCTION AND PRACTICAL TEACHING EXPERIENCE IN NEW YORK SCHOOLS. OUR COMMITMENT TO ARTS EDUCATION IN NEW YORK CITY REMAINS CENTRAL TO THE MISSION OF THE SCHOOL. MORE THAN 2,200 NEW YORK CITY SCHOOLCHILDREN PARTICIPATE ANNUALLY IN OUR OUTREACH PROGRAM. THE MANHATTAN SCHOOL OF MUSIC COMMUNITY ENGAGEMENT PROGRAM PROVIDES STUDENTS AN OPPORTUNITY TO PRESENT INSPIRATIONAL AND INTERACTIVE PERFORMANCES TO DIVERSE AUDIENCES IN HOSPITALS, SENIOR LIVING RESIDENCES, HOSPICES, AND OTHER COMMUNITY CENTERS IN NEW YORK CITY, SHARING THE HEALING POWER OF MUSIC AS MEDICINE. IN MANY CASES, PERFORMANCES ARE PRESENTED TO UNDER-SERVED COMMUNITIES AND TO THOSE WHO ARE UNABLE TO ATTEND MUSICAL PERFORMANCES ON THEIR OWN. THROUGH THE PROGRAM, STUDENTS ARE ABLE TO EXPAND THEIR PERFORMANCE TECHNIQUES FOR DIVERSE AUDIENCES IN NON TRADITIONAL CONCERT SETTINGS. MUSICAL THEATRE PROGRAM - STUDENTS IN THE MUSICAL THEATRE PROGRAM HAVE THE OPPORTUNITY TO PARTICIPATE IN MASTER CLASSES, WORKSHOPS, AND FULLY PRODUCED SHOWS, BOTH ON STAGE AND BEHIND THE SCENES. THE CURRICULUM INCLUDES FOUR YEARS OF VOICE, SPEECH, AND DICTION IN BOTH PRIVATE AND GROUP SETTINGS; FOUR YEARS OF DANCE AND ACTING. THE PROGRAM ALSO VENTURES BEYOND TECHNIQUE, OFFERING STUDENTS COURSES IN MUSICAL THEATRE REPERTOIRE AND HISTORY, DRAMA STUDY AND ANALYSIS AND TECHNICAL PRODUCTION TRAINING.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$745,324	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$4,705,749	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$46,516,805	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (true)	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	837	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	1227	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	19	GoverningBodyVotingMembersCnt
Independent Voting Member	16	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GARY MEYER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2127494456	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	120 CLAREMONT AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10027	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
LORRAINE GALLARD
TRUSTEE, CHAIR	0.1	Yes (X)	Yes (X)	$0	$0	$0
EDWARD LOWENTHAL
TRUSTEE, VICE CHAIR & TREASURER	0.1	Yes (X)	Yes (X)	$0	$0	$0
NOEMI K NEIDORFF
TRUSTEE, SECRETARY	0.1	Yes (X)	Yes (X)	$0	$0	$0
JAMES GANDRE
TRUSTEE, EX-OFFICIO, SCHOOL PRESIDENT	35.0	Yes (X)	Yes (X)	$416,889	$0	$156,065
SUSAN ENNIS
TRUSTEE	0.1	Yes (X)		$0	$0	$0
MARCIA CLAY HAMILTON
TRUSTEE	0.1	Yes (X)		$0	$0	$0
THOMAS HAMPSON
TRUSTEE	0.1	Yes (X)		$0	$0	$0
NANCY FREUND HELLER
TRUSTEE	0.1	Yes (X)		$0	$0	$0
DAVID KNOTT
TRUSTEE	0.1	Yes (X)		$0	$0	$0
CLAUDE MANN
TRUSTEE	0.1	Yes (X)		$0	$0	$0
LINDA BELL MERCURO
TRUSTEE	0.1	Yes (X)		$0	$0	$0
DAVID A RAHM
TRUSTEE, CHAIR EMERITUS	0.1	Yes (X)		$0	$0	$0
LEONARD SLATKIN
TRUSTEE	0.1	Yes (X)		$0	$0	$0
EDWARD ANNUNZIATO
TRUSTEE	0.1	Yes (X)		$0	$0	$0
CARLA BOSSI-COMELLI
TRUSTEE	0.1	Yes (X)		$0	$0	$0
JOHN PAGANO
TRUSTEE, FACULTY	35.0	Yes (X)		$79,591	$0	$17,438
DELIN BRU
TRUSTEE	0.1	Yes (X)		$0	$0	$0
MELODY SAWYER RICHARDSON
TRUSTEE	0.1	Yes (X)		$0	$0	$0
MAITLAND PETERS
TRUSTEE, FACULTY	35.0	Yes (X)		$176,496	$0	$56,965
GARY MEYER
VP BUSINESS & FINANCE (started 9/1/15)	35.0		Yes (X)	$101,880	$0	$907
MARJORIE MERRYMAN
PROVOST/SENIOR VICE PRESIDENT	35.0			$221,437	$0	$32,540	Yes (X)
ANDREA SANSEVERINO GALAN
VP ADVANCEMENT	35.0			$190,606	$0	$27,479		Yes (X)
DAVID GEBER
DEAN OF INSTRUMENTAL PERFORMANCE	35.0			$188,618	$0	$18,014		Yes (X)
MARK OSWALD
FACULTY	35.0			$173,192	$0	$13,855		Yes (X)
PHILLIP KAWIN
FACULTY	35.0			$162,496	$0	$23,037		Yes (X)
CATHERINE MALFITANO
FACULTY	35.0			$161,536	$0	$42,202		Yes (X)
PAUL KELLEHER
FORMER EXECUTIVE VP FINANCE & ADMIN (THRU 2/27/15)	35.0			$197,052	$0	$5,921			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$2,069,793	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$394,423	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	31	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	Yes (true)	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
CHARTWELLS
PO BOX 417632	BOSTON	MA	02241	FOOD SERVICE	$1,536,614
EVCO MECHANICAL
44 STANDISH AVE	WEST ORANGE	NJ	07052	ENGINEERING	$1,376,354
UNIVERSAL PROTECTION SERVICE LLC
26375 NETWORK PL	CHICAGO	IL	60673	SECURITY SERVICES	$534,491
RIK ELECTRIC CORP
16-I STATE HIGHWAY 5	PALISADES PARK	NJ	07650	ELECTRICAL CONTRACTOR	$430,872
JENZABAR INC
PO Box 55018	Boston	MA	02205	SOFTWARE INSTALLATION & TRAINING	$410,397

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	17	CntrctRcvdGreaterThan100KCnt
Federated Campaigns	$0	FederatedCampaignsAmt
Membership Dues	$0	MembershipDuesAmt
Fundraising	$442,620	FundraisingAmt
Related Organizations	$0	RelatedOrganizationsAmt
Government Grants	$214,128	GovernmentGrantsAmt
All Other Contributions	$1,799,774	AllOtherContributionsAmt
Noncash Contributions	$189,255	NoncashContributionsAmt
Total Contributions	$2,456,522	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES	611600	$45,887,125	$45,887,125
AUXILIARY SERVICES	611600	$4,696,141	$4,696,141

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$50,583,266	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$400,715	TotalRevenueColumnAmt
Exclusion	$400,715	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$2,392,323	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$626,279	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,766,044	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,766,044	TotalRevenueColumnAmt
Exclusion	$1,766,044	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$19,541,051	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$17,981,402	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$1,559,649	SecuritiesAmt
Other	$0	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,559,649	TotalRevenueColumnAmt
Exclusion	$1,559,649	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$61,310	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$442,620	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$96,570	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$35,260	TotalRevenueColumnAmt
Exclusion	-$35,260	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt
Gross Sales Of Inventory	$241,254	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$231,646	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$9,608	TotalRevenueColumnAmt
Related Or Exempt Func Income	$9,608	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER	Desc
Business	900099	BusinessCd
Total Revenue Column	$1,784	TotalRevenueColumnAmt
Exclusion	$1,784	ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,784	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$56,742,328	TotalRevenueColumnAmt
Related Or Exempt Func Income	$50,592,874	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$3,692,932	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$14,437,637	TotalAmt
Program Services	$14,437,637	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,460,434	TotalAmt
Program Services	$622,829	ProgramServicesAmt
Management And General	$837,605	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$26,947	TotalAmt
Program Services	$26,947	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$20,290,804	TotalAmt
Program Services	$18,003,196	ProgramServicesAmt
Management And General	$1,697,128	ManagementAndGeneralAmt
Fundraising	$590,480	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$1,054,979	TotalAmt
Program Services	$873,356	ProgramServicesAmt
Management And General	$134,456	ManagementAndGeneralAmt
Fundraising	$47,167	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$2,354,904	TotalAmt
Program Services	$1,782,159	ProgramServicesAmt
Management And General	$505,183	ManagementAndGeneralAmt
Fundraising	$67,562	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,508,211	TotalAmt
Program Services	$1,254,651	ProgramServicesAmt
Management And General	$213,347	ManagementAndGeneralAmt
Fundraising	$40,213	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$183,471	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$183,471	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$102,586	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$102,586	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$20,000	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$20,000	FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$19,375	TotalAmt
Fundraising	$19,375	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$71,952	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$71,952	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$68,507	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$68,507	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$161,858	TotalAmt
Program Services	$7,397	ProgramServicesAmt
Management And General	$154,461	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,666,070	TotalAmt
Program Services	$3,335,653	ProgramServicesAmt
Management And General	$1,316,813	ManagementAndGeneralAmt
Fundraising	$13,604	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$354,131	TotalAmt
Program Services	$305,461	ProgramServicesAmt
Management And General	$46,279	ManagementAndGeneralAmt
Fundraising	$2,391	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$2,754,160	TotalAmt
Program Services	$2,372,404	ProgramServicesAmt
Management And General	$362,998	ManagementAndGeneralAmt
Fundraising	$18,758	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$117,526	TotalAmt
Program Services	$48,782	ProgramServicesAmt
Management And General	$59,216	ManagementAndGeneralAmt
Fundraising	$9,528	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$82,814	TotalAmt
Program Services	$21,529	ProgramServicesAmt
Management And General	$19,305	ManagementAndGeneralAmt
Fundraising	$41,980	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$825,943	TotalAmt
Program Services	$712,428	ProgramServicesAmt
Management And General	$107,937	ManagementAndGeneralAmt
Fundraising	$5,578	FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,318,763	TotalAmt
Program Services	$2,000,081	ProgramServicesAmt
Management And General	$303,023	ManagementAndGeneralAmt
Fundraising	$15,659	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$68,637	TotalAmt
Management And General	$68,637	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	MUSICAL PRODUCTIONS	Desc
Total	$712,295	TotalAmt
Program Services	$712,295	ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$53,662,004	TotalAmt
Program Services	$46,516,805	ProgramServicesAmt
Management And General	$6,180,952	ManagementAndGeneralAmt
Fundraising	$964,247	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$4,472,180	BOYAmt
EOY	$4,458,298	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,278,950	BOYAmt
EOY	$881,907	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,800,495	BOYAmt
EOY	$4,918,523	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$893,979	BOYAmt
EOY	$863,749	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$88,277	BOYAmt
EOY	$314,590	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$90,933,946	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$37,206,044	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$52,071,905	BOYAmt
EOY	$53,727,902	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$10,773,219	BOYAmt
EOY	$19,822,148	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$13,937,486	BOYAmt
EOY	$3,796,380	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$318,720	BOYAmt
EOY	$397,687	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$88,635,211	BOYAmt
EOY	$89,181,184	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$2,068,747	BOYAmt
EOY	$2,425,170	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$1,184,840	BOYAmt
EOY	$1,655,059	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$35,351,280	BOYAmt
EOY	$33,557,312	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$43,704	BOYAmt
EOY	$1,948,870	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,224,760	BOYAmt
EOY	$930,695	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$39,873,331	BOYAmt
EOY	$40,517,106	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$24,005,054	BOYAmt
EOY	$21,482,492	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$691,793	BOYAmt
EOY	$2,540,777	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$24,065,033	BOYAmt
EOY	$24,640,809	EOYAmt

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$48,761,880	BOYAmt
EOY	$48,664,078	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$88,635,211	BOYAmt
EOY	$89,181,184	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$3,080,324	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$3,178,126	NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts	$0	DonatedServicesAndUseFcltsAmt
Investment Expense	$0	InvestmentExpenseAmt
Prior Period Adjustments	$0	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	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 (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

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	false	VolunteersInd
Paid Staff Or Management	Yes (true)	PaidStaffOrManagementInd
Media Advertisements	false	MediaAdvertisementsInd
Mailings Members	false	MailingsMembersInd
Publications Or Broadcast	false	PublicationsOrBroadcastInd
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (true)	DirectContactLegislatorsInd
Direct Contact Legislators	$20,000	DirectContactLegislatorsAmt
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	false	OtherActivitiesInd
Total Lobbying Expenditures	$20,000	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY	THIS AMOUNT WAS PAID TO REPRESENT MANHATTAN SCHOOL OF MUSIC BEFORE NEW YORK CITY AND NEW YORK STATE GOVERNMENTS WITH A FOCUS ON SECURING PUBLIC SECTOR FUNDING FOR CAPITAL IMPROVEMENTS, PROGRAMS AND SERVICES.
Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY	THIS AMOUNT WAS PAID TO REPRESENT MANHATTAN SCHOOL OF MUSIC BEFORE NEW YORK CITY AND NEW YORK STATE GOVERNMENTS WITH A FOCUS ON SECURING PUBLIC SECTOR FUNDING FOR CAPITAL IMPROVEMENTS, PROGRAMS AND SERVICES.

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$18,611,277	BeginningYearBalanceAmt
Contributions	$4,529,231	ContributionsAmt
Investment Earnings Or Losses	$410,472	InvestmentEarningsOrLossesAmt
Other Expenditures	$1,367,640	OtherExpendituresAmt
End Year Balance	$22,183,340	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$18,635,398	BeginningYearBalanceAmt
Contributions	$650,169	ContributionsAmt
Investment Earnings Or Losses	$137,199	InvestmentEarningsOrLossesAmt
Other Expenditures	$811,489	OtherExpendituresAmt
End Year Balance	$18,611,277	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$15,917,004	BeginningYearBalanceAmt
Contributions	$891,813	ContributionsAmt
Investment Earnings Or Losses	$2,561,929	InvestmentEarningsOrLossesAmt
Other Expenditures	$735,348	OtherExpendituresAmt
End Year Balance	$18,635,398	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$13,721,094	BeginningYearBalanceAmt
Contributions	$1,435,150	ContributionsAmt
Investment Earnings Or Losses	$1,481,533	InvestmentEarningsOrLossesAmt
Other Expenditures	$720,773	OtherExpendituresAmt
End Year Balance	$15,917,004	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$13,956,270	BeginningYearBalanceAmt
Contributions	$491,932	ContributionsAmt
Investment Earnings Or Losses	-$291,000	InvestmentEarningsOrLossesAmt
Other Expenditures	$436,108	OtherExpendituresAmt
End Year Balance	$13,721,094	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.0	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.914	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.086	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (true)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,240,000	OtherCostOrOtherBasisAmt
Book Value	$1,240,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$74,607,986	OtherCostOrOtherBasisAmt
Depreciation	$30,017,322	DepreciationAmt
Book Value	$44,590,664	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,731,569	OtherCostOrOtherBasisAmt
Depreciation	$3,605,805	DepreciationAmt
Book Value	$1,125,764	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,354,391	OtherCostOrOtherBasisAmt
Depreciation	$3,582,917	DepreciationAmt
Book Value	$6,771,474	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$53,727,902	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
ASSET RETIREMENT OBLIGATION	$417,612
US GOVT GRANTS REFUNDABLE	$513,083

Field	Value	IRS element (for citing)
Total Liability	$930,695	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$40,009,107	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$3,178,126	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$0	DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants	$0	RecoveriesPriorYearGrantsAmt
Other Revenue	-$14,437,637	OtherRevenueAmt
Revenue Not Reported	-$17,615,763	RevenueNotReportedAmt
Revenue Subtotal	$57,624,870	RevenueSubtotalAmt
Investment Expenses Not Incld	$71,953	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	-$954,495	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$882,542	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$56,742,328	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$40,106,910	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$0	DonatedServicesUseFcltsAmt
Prior Year Adjustments	$0	PriorYearAdjustmentsAmt
Losses Reported	$0	LossesReportedAmt
Other Expenses Included	$954,495	OtherExpensesIncludedAmt
Expenses Not Reported	$954,495	ExpensesNotReportedAmt
Expenses Subtotal	$39,152,415	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$71,952	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$14,437,637	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$14,509,589	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$53,662,004	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part V, Line 4 Intended uses of endowment funds	THE SCHOOL FOLLOWS THE PROVISIONS OF THE NEW YORK PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (NYPMIFA) IN MANAGING ITS DONOR-RESTRICTED ENDOWMENT. THE SCHOOL HAS INTERPRETED NYPMIFA AS ALLOWING IT TO APPROPRIATE FOR EXPENDITURE OR ACCUMULATE SO MUCH OF THE DONOR-RESTRICTED ENDOWMENT FUND AS IS PRUDENT FOR THE USES, BENEFITS, PURPOSES, AND DURATION FOR WHICH THE ENDOWMENT FUND IS ESTABLISHED, SUBJECT TO THE INTENT OF THE DONOR AS EXPRESSED IN THE GIFT INSTRUMENT ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. THE SCHOOL HAS NO BOARD-DESIGNATED ENDOWMENT FUNDS. THE SCHOOL'S INVESTMENT OBJECTIVE IS TO PROVIDE THAT FUTURE GROWTH OF THE PORTFOLIO IS SUFFICIENT TO OFFSET NORMAL INFLATION PLUS REASONABLE SPENDING, THEREBY PRESERVING THE CONSTANT DOLLAR VALUE AND PURCHASING POWER OF THE ENDOWMENT FUND. THE OBJECTIVE OF THE INVESTMENT PROGRAM IS TO ENHANCE THE PORTFOLIO'S LONG-TERM VIABILITY BY MAXIMIZING THE VALUE OF THE PORTFOLIO WITH A PRUDENT LEVEL OF RISK. THE SCHOOL HAS A SPENDING POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR 5.0% OF THE INVESTMENT PORTFOLIO, DEPENDING ON PERFORMANCE OF THE INVESTMENT PORTFOLIO AS WELL AS CONSIDERING THE FACTORS INCLUDED IN NYPMIFA.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote	The School is exempt from federal income taxes under the provisions of Section 501(c)(3) of the Internal Revenue Code. The School recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Income generated from activities unrelated to the School's exempt purpose is subject to tax under Internal Revenue Code Section 511. The School did not recognize any unrelated business income tax liability for the year ended June 30, 2016.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990	SCHOLARSHIPS - -14437637
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements	Rental Exp, Fundraising exp, COGS Campus Store - -954495
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990	Rental Exp, Fundraising exp, COGS Campus Store - 954495
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements	Scholarships - 14437637

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (true)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY	THE SCHOOL HAS PUBLICIZED ITS POLICY IN STUDENT COMMUNICATIONS.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT	GOVERNMENT AID IS LIMITED TO AMOUNTS REPORTED ON FORM 990, PART VIII, LINE 1E THE SCHOOL PARTICIPATES IN THE PERKINS LOAN PROGRAM (THE PROGRAM) SPONSORED BY THE U.S. DEPARTMENT OF EDUCATION. FUNDS PROVIDED BY THE U.S. GOVERNMENT UNDER THE PROGRAM ARE LOANED TO QUALIFIED STUDENTS AND MAY BE RELOANED AFTER COLLECTION. THESE FUNDS ARE ULTIMATELY REFUNDABLE TO THE U.S. GOVERNMENT.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	Specific Services ProvidedSpecificServicesProvidedTxt
Central America and the Caribbean	0	0	Investments	$3,707,483
East Asia and the Pacific	0	0	Program Services	$17,975	STUDENT RECRUITMENT

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continutation Total Office	0	ContinutationTotalOfficeCnt
Continutation Total Employee	0	ContinutationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$3,725,458	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$3,725,458	TotalSpentAmt
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (true)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (true)	PassiveForeignInvestmestCoInd
Foreign Partnership	false	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

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 (true)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Carrie Newman	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	301 East 48th St 5J	AddressLine1Txt
City	New York	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10017	ZIPCd

Field	Value	IRS element (for citing)
Activity	Event planner fundraising	ActivityTxt
Fundraiser Control Of Funds	false	FundraiserControlOfFundsInd
Gross Receipts	$0	GrossReceiptsAmt
Retained By Contractor	$8,500	RetainedByContractorAmt
Net To Organization	-$8,500	NetToOrganizationAmt

Field	Value	IRS element (for citing)
Total Gross Receipts	$0	TotalGrossReceiptsAmt
Total Retained By Contractors	$8,500	TotalRetainedByContractorsAmt
Total Net To Organization	-$8,500	TotalNetToOrganizationAmt
Licensed States	NY	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	GALA	Event1Nm
Gross Receipts Event1	$503,930	GrossReceiptsEvent1Amt
Charitable Contri Event1	$442,620	CharitableContriEvent1Amt
Gross Revenue Event1	$61,310	GrossRevenueEvent1Amt
Rent Facility Costs Event1	$26,319	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$53,323	FoodAndBeverageEvent1Amt
Other Direct Expenses Event1	$16,928	OtherDirectExpensesEvent1Amt
Gross Revenue Event2	$0	GrossRevenueEvent2Amt
Gross Revenue Other Events	$0	GrossRevenueOtherEventsAmt
Gross Receipts Total	$503,930	GrossReceiptsTotalAmt
Charitable Contributions Tot	$442,620	CharitableContributionsTotAmt
Gross Revenue Total Events	$61,310	GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events	$26,319	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$53,323	FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events	$16,928	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$96,570	DirectExpenseSummaryEventsAmt
Net Income Summary	-$35,260	NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule G, Part I, Line 2b(i) CARRIE NEWMAN	MS. NEWMAN WAS ENGAGED TO PLAN, COORDINATE AND MANAGE SPRING 2016 EVENTS TO ENSURE APPROPRIATE CULTIVATION OF PROSPECTS, DONOR APPRECIATION AND ACHIEVEMENT OF FUNDRAISING GOALS. HER PRIMARY RESPONSIBILITY WAS FOR THE 2016 SPRING GALA.
Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement.	CARRIE NEWMAN-MS. NEWMAN WAS ENGAGED TO PLAN, COORDINATE AND MANAGE SPRING 2016 EVENTS TO ENSURE APPROPRIATE CULTIVATION OF PROSPECTS, DONOR APPRECIATION AND ACHIEVEMENT OF FUNDRAISING GOALS. HER PRIMARY RESPONSIBILITY WAS FOR THE 2016 SPRING GALA.;

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS	GrantTypeTxt
Recipient	978	RecipientCnt
Cash Grant	$14,437,637	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.	FormAndLineReferenceDesc
Explanation	MANHATTAN SCHOOL OF MUSIC AWARDS SCHOLARSHIPS TO APPROXIMATELY 50% OF ITS FULL-TIME ENROLLED STUDENTS. SCHOLARSHIP ARE AWARDED BY THE SCHOLARSHIP COMMITTEE AND ARE BASED UPON RECOMMENDATIONS FROM THE FACULTY AT ENTRANCE AUDITIONS AND ANNUAL JURY EXAMINATIONS, ANALYSIS OF FAMILY INCOME, THE ACADEMIC PERFORMANCE OF THE STUDENT, AND THE NEEDS OF THE SCHOOL. AMOUNTS RANGE FROM $1000 UP TO FULL TUITION WITH THE AVERAGE AWARD OF ABOUT HALF TUITION. THE PRESIDENT'S AWARD IS REWARDED ON THE SAME BASIS AS ABOVE TO NO-NEED, HIGH-MERIT STUDENTS, WITH AMOUNTS USUALLY RANGING FROM $1000 TO HALF TUITION. DURATION OF SCHOLARSHIP AWARDS IS MOST OFTEN THE STANDARD LENGTH OF THE PROGRAM IN WHICH A STUDENT IS ENROLLED. STUDENTS WISHING AN EXTENSION ON THEIR SCHOLARSHIP AWARD BEYOND THE STANDARD PROGRAM LENGTH MUST PETITION THE SCHOLARSHIP COMMITTEE. REQUESTS WILL BE HANDLED ON A CASE BY CASE BASIS BY THE COMMITTEE. RENEWAL OF SCHOLARSHIPS IS BASED ON SEVERAL ASPECTS OF STUDENT'S MUSICAL AND ACADEMIC ACHIEVEMENT, AS WELL AS A STUDENT'S CONDUCT IN THE SCHOOL COMMUNITY. WHEN CONSIDERING SCHOLARSHIP RENEWAL, THE SCHOLARSHIP COMMITTEE WILL ENSURE THAT THE STUDENT MEETS THE FOLLOWING REQUIREMENTS: SIMILAR OR HIGHER COMPOSITE YEAR-END JURY SCORE AS ORIGINALLY AWARDED AT STUDENT'S AUDITION. MINIMUM 3.0 GPA EACH SEMESTER EXEMPLARY PERFORMANCE AND PARTICIPATION IN ALL PERFORMANCE ENSEMBLES, CLASSES AND ADHERENCE TO REQUIRED ATTENDANCE POLICIES. EXEMPLARY SCHOOL COMMUNITY CONDUCT. THE SCHOLARSHIP COMMITTEE MAY REDUCE THE AWARD OF A STUDENT WHO DOES NOT MEET THESE STANDARDS. DURING ANNUAL REVIEW, SCHOLARSHIPS MAY BE GRANTED TO RETURNING STUDENTS WHO HAVE NOT PREVIOUSLY HAD A SCHOLARSHIP OR A SCHOLARSHIP MAY BE INCREASED TO A STUDENT ALREADY RECEIVING A SCHOLARSHIP. THE LATTER IS IN RESPONSE TO AN EXCEPTIONAL INCREASE IN JURY SCORES OVER THE AUDITION SCORE IN COMBINATION WITH EXCEPTIONAL ACADEMIC ACHIEVEMENT AND COMMUNITY CONDUCT. IN GENERAL, NO ADDITIONAL SCHOLARSHIP IS AWARDED TO RETURNING STUDENTS. ANALYSIS OF COLLEGE BOARD'S PROFILE FORM AND OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) IS USED TO DETERMINE ELIGIBILITY FOR FEDERAL AND INSTITUTIONAL AID. THE STATE USES FASFA INFORMATION ALONG WITH SUPPLEMENTAL RESOURCES TO DETERMINE ELIGIBILITY FOR STATE FUNDS. THE CSS PROFILE IS USED SOLELY TO DETERMINE ELIGIBILITY FOR INSTITUTIONAL AID. SCHOLARSHIP AWARDS, RENEWALS, AND NON-RENEWALS ARE AT THE SOLE DISCRETION OF THE ADMINISTRATION OF MANHATTAN SCHOOL OF MUSIC.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (true)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 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
JAMES GANDRE
TRUSTEE, EX-OFFICIO, SCHOOL PRESIDENT	$408,889	$0	$8,000	$0	$0	$0	$21,200	$0	$134,865	$0	$572,954	$0	$0	$0
MAITLAND PETERS
TRUSTEE, FACULTY	$176,496	$0	$0	$0	$0	$0	$15,648	$0	$41,317	$0	$233,461	$0	$0	$0
MARJORIE MERRYMAN
PROVOST/SENIOR VICE PRESIDENT	$221,437	$0	$0	$0	$0	$0	$18,221	$0	$14,319	$0	$253,977	$0	$0	$0
ANDREA SANSEVERINO GALAN
VP ADVANCEMENT	$190,606	$0	$0	$0	$0	$0	$12,160	$0	$15,319	$0	$218,085	$0	$0	$0
DAVID GEBER
DEAN OF INSTRUMENTAL PERFORMANCE	$188,618	$0	$0	$0	$0	$0	$15,514	$0	$2,500	$0	$206,632	$0	$0	$0
MARK OSWALD
FACULTY	$173,192	$0	$0	$0	$0	$0	$13,855	$0	$0	$0	$187,047	$0	$0	$0
PHILLIP KAWIN
FACULTY	$162,496	$0	$0	$0	$0	$0	$9,718	$0	$13,319	$0	$185,533	$0	$0	$0
CATHERINE MALFITANO
FACULTY	$161,536	$0	$0	$0	$0	$0	$13,679	$0	$28,523	$0	$203,738	$0	$0	$0
PAUL KELLEHER
FORMER EXECUTIVE VP FINANCE & ADMIN (THRU 2/27/15)	$51,044	$0	$0	$0	$146,008	$0	$4,107	$0	$1,814	$0	$202,973	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule J, Part I, Line 1a Housing allowance or residence for personal use

JAMES GANDRE, SCHOOL PRESIDENT, IS PROVIDED NON-TAXABLE CAMPUS HOUSING AS A CONDITION OF EMPLOYMENT. DR. GANDRE'S DUTIES AND RESPONSIBILITIES REQUIRE THAT HIS SERVICES BE AVAILABLE ON A CONTINUOUS BASIS THROUGHOUT HIS TERM. THE REPORTED AMOUNT REPRESENTS THE AVERAGE VALUE OF COMPARABLE APARTMENTS LOCATED IN THE NEIGHBORHOOD OF THE CAMPUS. THE VALUE OF THE HOUSING ALLOWANCE IS INCLUDED IN PART II, COLUMN (D).

Schedule J, Part I, Line 4a Severance or change-of-control payment

PAUL KELLEHER RECEIVED A TAXABLE SEVERANCE PAYMENT OF $146,008, AND THIS PAYMENT IS REPORTED IN SCHEDULE J, PART II, COLUMN B (III).

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Bond Issuer EIN	911882413	BondIssuerEIN
CUSIP	000000000	CUSIPNum
Bond Issued	2014-10-31	BondIssuedDt
Issue Price	$35,670,000	IssuePriceAmt
Purpose	REFUNDING REV BOND SERIES 2009A	PurposeDesc
Defeased	false	DefeasedInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Pool Financing	false	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Retired	$7,260,000	RetiredAmt
Bond Defeased	$0	BondDefeasedAmt
Total Proceeds	$35,670,000	TotalProceedsAmt
In Reserve Fund	$0	InReserveFundAmt
Capitalized Interest	$0	CapitalizedInterestAmt
Refunding Escrow	$0	RefundingEscrowAmt
Issuance Costs From Proceeds	$450,486	IssuanceCostsFromProceedsAmt
Credit Enhancement	$0	CreditEnhancementAmt
Working Capital Expenditures	$0	WorkingCapitalExpendituresAmt
Capital Expenditures	$0	CapitalExpendituresAmt
Other Spent Proceeds	$0	OtherSpentProceedsAmt
Unspent	$0	UnspentAmt
Substantial Completion	2001	SubstantialCompletionYr
Current Refunding	Yes (true)	CurrentRefundingInd
Advance Refunding	false	AdvanceRefundingInd
Final Allocation Made	Yes (true)	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (true)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	false	OwningBondFinancedPropertyInd
Any Lease Arrangements	false	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	false	MgmtContractBondFincdPropInd
Any Research Agreements	false	AnyResearchAgreementsInd
Private Bus Use By Others	0.0	PrivateBusUseByOthersPct
Private Bus Concerning UBI	0.0	PrivateBusConcerningUBIPct
Total Private Business Use	0.0	TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test	false	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	false	ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd	Yes (true)	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	false	Form8038TFiledInd
Rebate Not Due Yet	Yes (true)	RebateNotDueYetInd
Exception To Rebate	false	ExceptionToRebateInd
No Rebate Due	false	NoRebateDueInd
Variable Rate Issue	false	VariableRateIssueInd
Hedge Identified In Bks And Rec	false	HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC	false	GrossProceedsInvestedInGICInd
Gross Proceeds Invested	false	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	Yes (true)	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	Yes (true)	ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule K, Part IV, Line 7	FormAndLineReferenceDesc
Explanation	ON OCTOBER 30, 2014, THE ISRAEL DISCOUNT BANK OF NEW YORK (THE BANK) PURCHASED THE OUTSTANDING PRINCIPAL BALANCE OF THE SERIES 2009A BONDS TOTALING $35,670,000. IN OCTOBER 2014, THE SCHOOL ENTERED INTO AN AMENDED AND RESTATED CONTINUING COVENANT AGREEMENT WITH THE BANK. THE INTEREST RATE IS SET AT A FIXED RATE OF 2.92% FOR A 15 YEAR TERM THROUGH OCTOBER 2029. THE MATURITY SCHEDULE DOES NOT CHANGE UNDER THE NEW AGREEMENT.	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
BEARDLEY KAREN
SPOUSE OF MAITLAND PETERS, TRUSTEE	$26,947	COMPENSATION	false
EVCO MECHANICAL CORP
SUBST. CONTRIBUTOR	$1,216,958	MECHANICAL ENGINEERING	false

Schedule M IRS990ScheduleM

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$32,354	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Other	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	6	ContributionCnt
Noncash Contributions Rpt F990	$155,319	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	Landscaping	1	$970	Cost
Yes (X)	Symphony tickets	1	$612	Cost

Field	Value	IRS element (for citing)
Form8283 Received	2	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule M, Part I Explanations of reporting method for number of contributions	FormAndLineReferenceDesc
Explanation	Clothing and household goods - : Number of contributions Securities - Publicly traded - : Number of items Other - Landscaping: Number of contributions Other - Symphony tickets: Number of contributions	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part III, Line 2 New program services	BACHELOR OF MUSIC IN MUSICAL THEATRE
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 745,324 including grants of $ 0)(Revenue $ 4,705,749) OTHER PROGRAM SERVICE ACCOMPLISHMENTS INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING ACTIVITIES: DISTANCE LEARNING - MANHATTAN SCHOOL OF MUSIC LAUNCHED ITS GROUNDBREAKING DISTANCE LEARNING PROGRAM IN 1996, THE FIRST OF ITS KIND AT A MAJOR CONSERVATORY. SINCE THEN, USING STATE-OF-THE-ART INTERACTIVE VIDEO CONFERENCE TECHNOLOGY TO ENHANCE MSM STUDENT'S CURRICULUM, WE HAVE ALSO DEVELOPED PROGRAMS TO CONNECT STUDENTS, EDUCATORS AND DISTINGUISHED ARTISTS AROUND THE GLOBE. ADDITIONALLY, OUR LIVE WEB-STREAMED CONCERTS AND MASTER CLASSES, FEATURING MSM STUDENT ENSEMBLES AND ACCLAIMED FACULTY, NOW ATTRACT A WORLDWIDE AUDIENCE. MSM DISTANCE LEARNING'S AWARD-WINNING PROGRAMS, INCLUDING THE GLOBAL CONSERVATORY FOR HIGHER EDUCATION AND MUSIC BRIDGES FOR K-12 & COMMUNITY AUDIENCES, OFFER MASTER CLASSES, PRIVATE INSTRUCTION, AND SEMINARS FOR MUSIC STUDENTS AND EDUCATORS; STANDARDS-BASED CLASSICAL AND JAZZ PROGRAMS FOR K-12; AND A VARIETY OF SELECTIONS FOR LIFELONG LEARNERS. CENTER FOR MUSIC ENTREPRENEURSHIP (CME) - IN TODAY'S MARKETPLACE, MUSICIANS NEED MORE THAN ARTISTIC EXCELLENCE; THEY NEED THE ADDED EDGE OF ENTREPRENEURIAL SKILLS TO CREATE OPPORTUNITIES AND BUILD SUCCESSFUL, SUSTAINABLE CAREERS. FOCUSING ON THE INTERSECTION OF ARTISTRY AND ENTERPRISE, THE CME SPEARHEADS ENTREPRENEURIAL INITIATIVES THAT HELP STUDENTS AND ALUMS BECOME THE CEO'S OF THEIR OWN SUCCESSFUL CAREERS. THE CME FACILITATES THE EXPLORATION OF NEW CAREER PATHS, INCOME STREAMS, AND BUSINESS MODELS THAT ARE TRANSFORMING THE PROFESSION. TAILORED TO THE DIRECT AND POSITIVE CULTURE OF MSM, THE CME CONNECTS INITIATIVES ACROSS DEPARTMENTS AND CURRICULUM. OUTREACH - THROUGH THE COMMUNITY PARTNERSHIPS PROGRAM, THE MANHATTAN SCHOOL OF MUSIC ARTS-IN-EDUCATION PROGRAM PREPARES STUDENTS TO BE EFFECTIVE ARTIST-EDUCATORS BY OFFERING PEDAGOGICAL INSTRUCTION AND PRACTICAL TEACHING EXPERIENCE IN NEW YORK SCHOOLS. OUR COMMITMENT TO ARTS EDUCATION IN NEW YORK CITY REMAINS CENTRAL TO THE MISSION OF THE SCHOOL. MORE THAN 2,200 NEW YORK CITY SCHOOLCHILDREN PARTICIPATE ANNUALLY IN OUR OUTREACH PROGRAM. THE MANHATTAN SCHOOL OF MUSIC COMMUNITY ENGAGEMENT PROGRAM PROVIDES STUDENTS AN OPPORTUNITY TO PRESENT INSPIRATIONAL AND INTERACTIVE PERFORMANCES TO DIVERSE AUDIENCES IN HOSPITALS, SENIOR LIVING RESIDENCES, HOSPICES, AND OTHER COMMUNITY CENTERS IN NEW YORK CITY, SHARING THE HEALING POWER OF MUSIC AS MEDICINE. IN MANY CASES, PERFORMANCES ARE PRESENTED TO UNDER-SERVED COMMUNITIES AND TO THOSE WHO ARE UNABLE TO ATTEND MUSICAL PERFORMANCES ON THEIR OWN. THROUGH THE PROGRAM, STUDENTS ARE ABLE TO EXPAND THEIR PERFORMANCE TECHNIQUES FOR DIVERSE AUDIENCES IN NON TRADITIONAL CONCERT SETTINGS. MUSICAL THEATRE PROGRAM - STUDENTS IN THE MUSICAL THEATRE PROGRAM HAVE THE OPPORTUNITY TO PARTICIPATE IN MASTER CLASSES, WORKSHOPS, AND FULLY PRODUCED SHOWS, BOTH ON STAGE AND BEHIND THE SCENES. THE CURRICULUM INCLUDES FOUR YEARS OF VOICE, SPEECH, AND DICTION IN BOTH PRIVATE AND GROUP SETTINGS; FOUR YEARS OF DANCE AND ACTING. THE PROGRAM ALSO VENTURES BEYOND TECHNIQUE, OFFERING STUDENTS COURSES IN MUSICAL THEATRE REPERTOIRE AND HISTORY, DRAMA STUDY AND ANALYSIS AND TECHNICAL PRODUCTION TRAINING.
Form 990, Part VI, Line 14 DOCUMENT RETENTION	THE BOARD HAS NOT FORMALLY ADOPTED A SYSTEM-WIDE DOCUMENT RETENTION AND DESTRUCTION POLICY. THE BUSINESS OFFICE ADHERES TO A DOCUMENT RETENTION AND DESTRUCTION POLICY PROMULGATED BY THE AICPA.
Form 990, Part VI, Line 11b Review of form 990 by governing body	THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM USING INFORMATION PROVIDED BY THE ORGANIZATION'S FINANCE DEPARTMENT. ONCE TOP MANAGEMENT AND THE VICE PRESIDENT FOR BUSINESS AND FINANCE HAVE REVIEWED THE RETURN, FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE. LASTLY, FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS.
Form 990, Part VI, Line 12c Conflict of interest policy	EACH SENIOR PERSON SHALL DISCLOSE TO THE CHAIR OF THE GOVERNANCE COMMITTEE THE EXISTENCE OF ANY CIRCUMSTANCE NOT PREVIOUSLY DISCLOSED TO THE BOARD WHICH SUCH PERSON OR FAMILY MEMBER REASONABLY BELIEVES TO CONSTITUTE, OR APPEAR TO CONSTITUTE, A PRIVATE FINANCIAL OR OTHER PERSONAL INTEREST, TOGETHER WITH ALL RELATED MATERIAL FACTS. IN THE EVENT THAT THE CHAIR OF THE GOVERNANCE COMMITTEE IS THE SENIOR PERSON WITH A POTENTIAL CONFLICTING INTEREST, THE CHAIR SHALL REPORT SAME TO THE CHAIR OF THE BOARD WHO SERVES EX OFFICIO ON THE GOVERNANCE COMMITTEE. IF ANY TRUSTEE OR OFFICER OF THE SCHOOL HAS REASON TO BELIEVE THAT ANY SENIOR PERSON AT THE SCHOOL HAS AN UNDISCLOSED FINANCIAL INTEREST OF THE SORT DESCRIBED ABOVE, HE OR SHE SHALL INFORM THE CHAIR OF THE GOVERNANCE COMMITTEE WHO SHALL AFFORD THE PERSON WHOSE INTEREST HAS BEEN QUESTIONED THE OPPORTUNITY TO DISCLOSE AND EXPLAIN THE CIRCUMSTANCES. ANY DETERMINATION OF A CONFLICT OF INTEREST SHALL BE REPORTED TO THE EXECUTIVE COMMITTEE WITHIN 5 DAYS OF SUCH DETERMINATION OR, AT THE OPTION OF THE CHAIR OF THE GOVERNANCE AND NOMINATION COMMITTEE, TO THE NEXT REGULAR MEETING OF THE BOARD OF TRUSTEES. THE AFFECTED PERSON SHALL BE INFORMED OF ANY DECISION ON A PROMPT BASIS AND SHALL HAVE A RIGHT TO APPEAL THE DECISION BY SUBMITTING A WRITTEN REQUEST THEREFORE TO THE CHAIR OF THE GOVERNANCE AND NOMINATION COMMITTEE WITHIN 5 DAYS OF A DECISION, AND IF DESIRED, REQUESTING A HEARING WITHIN THE EXECUTIVE COMMITTEE. APPROPRIATE MINUTES OF ALL DELIBERATIONS SHALL BE KEPT, INCLUDING THE WRITTEN REPORT OF THE CHAIR OR GOVERNANCE COMMITTEE, AND SHALL BE FILED WITH THE BOOKS AND RECORDS OF THE SCHOOL BY THE SECRETARY OF THE BOARD. THE SECRETARY OF THE BOARD SHALL DELIVER A COPY OF THIS POLICY TO EACH TRUSTEE, OFFICER AND PRESIDENT'S COUNCIL MEMBER OF THE SCHOOL, AND SHALL BE RESPONSIBLE FOR DELIVERY OF THE POLICY TO EACH PERSON WHO SHALL HEREAFTER FILL SUCH A POSITION. THE PRESIDENT OF THE SCHOOL SHALL BE RESPONSIBLE FOR ADVISING THE SECRETARY OF THE IDENTITY OF ALL SUCH PERSONS. ALL SUCH PERSONS SHALL DELIVER TO THE SECRETARY A SIGNED RECEIPT AND ACCEPTANCE OF THIS POLICY AND A SIGNED STATEMENT EITHER OF NO CONFLICT OR DETAILING ANY APPARENT CONFLICTS WHICH MAY EXIST, WHETHER OR NOT PREVIOUSLY APPROVED. ADDITIONALLY, THE CHAIR OF THE GOVERNANCE COMMITTEE SHALL, ON AN ANNUAL BASIS AT A DULY CONSTITUTED BOARD OF TRUSTEES MEETING, REVIEW THE PURPOSES AND PROCEDURES OUTLINED ABOVE.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	COMPENSATION PAID TO THE SCHOOL'S TOP MANAGEMENT OFFICIAL (PRESIDENT) IS DETERMINED THROUGH A PROCESS WHICH FOLLOWS THE REBUTTABLE PRESUMPTION OF REASONABLENESS STANDARD. THE INDEPENDENT COMPENSATION COMMITTEE REVIEWS THE PRESIDENT'S COMPENSATION TO LIKE POSITIONS AT COMPARABLE ORGANIZATIONS TO DETERMINE APPROPRIATE COMPENSATION (THIS EXCLUSIVE COMPENSATION STUDY WAS CONDUCTED IN 2015 BY THE FIRM JAMES E. ROCCO ASSOC., INC. AND A WRITTEN REPORT WAS DELIVERED TO THE COMPENSATION COMMITTEE MEMBERS). COMPENSATION AMOUNTS ARE DETERMINED BY THE FINANCE AND FACILITIES COMMITTEE OF THE TRUSTEES AND REVIEWS ARE CONTEMPORANEOUSLY DOCUMENTED IN COMMITTEE MINUTES.
Form 990, Part VI, Line 15b Process to establish compensation of other employees	COMPENSATION PAID TO OFFICERS AND KEY EMPLOYEES (INCLUDING CORPORATE OFFICERS) IS DETERMINED THROUGH A PROCESS WHICH FOLLOWS THE REBUTTABLE PRESUMPTION OF REASONABLENESS STANDARD. THE INDEPENDENT COMPENSATION COMMITTEE, IN CONSULTATION WITH THE PRESIDENT, REVIEWS KEY EMPLOYEE COMPENSATION TO LIKE POSITIONS AT COMPARABLE ORGANIZATIONS TO DETERMINE APPROPRIATE COMPENSATION (THIS EXCLUSIVE COMPENSATION STUDY WAS CONDUCTED IN 2015 BY THE FIRM JAMES E. ROCCO ASSOC., INC. AND A WRITTEN REPORT WAS DELIVERED TO THE COMPENSATION COMMITTEE MEMBERS). THE INDEPENDENT COMPENSATION COMMITTEE ALSO REVIEWS THE PRESIDENT'S COMPENSATION IN THE SAME MANNER. COMPENSATION AMOUNTS ARE DETERMINED BY THE FINANCE AND FACILITIES COMMITTEE OF THE TRUSTEES AND REVIEWS ARE CONTEMPORANEOUSLY DOCUMENTED IN COMMITTEE MINUTES.
Form 990, Part VI, Line 19 Required documents available to the public	THE ORGANIZATION WILL PROVIDE COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE GENERAL PUBLIC UPON WRITTEN REQUESTS.