2016-05-09T10:19:48-05:00 2015-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2014-07-01 132501829 AMDA INC (AMERICAN MUSICAL AND DRAMATIC ACADEMY & SUBSIDIARIES) AMDA 2127875300 211 WEST 61ST STREET NEW YORK NY 10023 DAVID SILVERMAN CHIEF FINANCIAL OFFICER 2129573331 2016-05-03 1 GARRETT M HIGGINS P00543209 2122862600 2016-05-03 2014 2016-08-17 19:52:53Z SEE SCHEDULE O JAN R MARTIN 211 WEST 61ST STREET NEW YORK NY 10023 66097673 0 X WWW.AMDA.EDU X 1964 NY SEE SCHEDULE O 8 6 1521 6 0 0 60000 0 56019146 65054887 25287 26224 138725 333318 56243158 65414429 10491705 11827668 0 0 22719988 25299394 0 0 0 21254350 25716782 54466043 62843844 1777115 2570585 76724903 90811688 56794964 68727959 19929939 22083729 X AMDA IS COMMITTED TO PROVIDING AN UNSURPASSED PERFORMING ARTS EDUCATION TO A DIVERSE COMMUNITY OF CREATIVE ARTISTS. AMDA SEEKS TO BE BOTH THE SCHOOL AND THE STAGE, WHERE STUDENTS ARE GIVEN THE SUPPORT AND THE FREEDOM TO FIND THEIR VOICE AND TO DESIGN AND CREATE THEIR OWN UNIQUE ARTISTIC VISION. WE STRIVE TO CREATE AN ENVIRONMENT FOR OUR STUDENTS TO DEVELOP THE SKILLS, CONFIDENCE, IMAGINATION AND POWER TO CONTRIBUTE TO THEIR COMMUNITY AS ARTISTS, ENTREPRENEURS, VISIONARIES, LIFELONG LEARNERS AND CONSCIENTIOUS CITIZENS OF THE WORLD. TO ACHIEVE THIS, AMDA PROVIDES RIGOROUS, PERFORMANCE-BASED TRAINING AND AN INDUSTRY-FOCUSED EDUCATION EXPERIENCE THAT INSPIRES EXCELLENCE AND PREPARES ARTISTS WITH AN APPRECIATION FOR THE UNIVERSAL POWER OF TRANSFORMATION THROUGH ART. ABOVE ALL, WE WANT TO TEACH OUR STUDENTS THAT COMMITMENT, PASSION, AND JOY ARE THE HALLMARKS TO A SUCCESSFUL CAREER. 0 0 41365452 11827668 54180129 INSTRUCTION: PROVIDE FULL-TIME POST SECONDARY TRAINING FOR APPROXIMATELY 1,300 STUDENTS IN THE PERFORMING ARTS. TWO PROGRAMS ARE AVAILABLE TO STUDENTS-A TWO-YEAR CONSERVATORY PROGRAM AND A FULL FOUR-YEAR BACHELOR OF FINE ARTS DEGREE IN MULTIPLE FIELDS OF STUDY (MUSICAL THEATER, ACTING, DANCE THEATER AND PERFORMING ARTS)). INSTRUCTION-RELATED SERVICES ALSO INCLUDE EDUCATIONAL SUPPORT AND RELATED STUDENT SERVICES. 6428562 11029804 AUXILLIARY SERVICES: PROVIDES SERVICES TO SUPPORT THE INSTRUCTION OF THE EDUCATIONAL INSTITUTION INCLUDING STUDENT HOUSING, FOOD SERVICES, BOOKSTORE, AND RELATED SERVICES. 47794014 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 1 1 1 0 1 105 0 1521 1 1 1 0 0 0 0 0 0 0 0 0 X 8 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA NY X X DAVID SILVERMAN - CFO 2127875300 211 WEST 61ST STREET NEW YORK NY 10023 JAN R MARTIN CEO/DIRECTOR - SEE SCH. J & O 50.00 5.00 X X 1093467 0 86220 DAVID D MARTIN PRESIDENT/DIRECTOR - SEE SCH J & O 50.00 2.00 X X 1223318 0 86805 NANCY SULLIVAN CHAIRPERSON/DIRECTOR 5.00 5.00 X X 0 0 0 SHARON KELLY DIRECTOR 3.00 X 0 0 0 ELISA LEFKOWITZ SECRETARY/DIRECTOR 3.00 X X 0 0 0 MOLLY ZIEMINSKI DIRECTOR 1.00 X 0 0 0 MATT MCALPINE DIRECTOR 1.00 X 0 0 0 JON FREEDMAN DIRECTOR 1.00 X 0 0 0 DAVID SILVERMAN CHIEF FINANCIAL OFFICER 50.00 5.00 X 272535 0 106611 DENNIS ABENANTY MANAGING DIRECTOR 40.00 X 130971 0 9952 JOHN L GALGANO GENERAL COUNSEL 40.00 X 146189 0 10061 MARK RUGGIERO DIRECTOR OF FINANCIAL AID 40.00 X 147812 0 10015 EDWIN RIHERD DIRECTOR OF EDUCATION 40.00 X 139615 0 9928 DANIEL TORRES DIRECTOR OF FACILITIES 30.00 10.00 X 131900 0 16801 3285807 0 336393 20 0 1 0 BARGAIN PRINTING 777 YAMATO ROAD BOCA RATON FL 33431 PRINTING 936533 ANDREWS INTERNATIONAL PO BOX 417142 BOSTON MA 022417142 SECURITY 673882 ROYALL & COMPANY 6305 YUCCA ST LOS ANGELES CA 90028 ADVERTISING 515979 UNO LLC 2411 W ROSE GARDEN LN 120 PHEONIX AZ 85027 BUSINESS PROCESS OUTSOURCING 383343 MANATT PHELPS & PHILLIPS LLP 7 TIMES SQUARE NEW YORK NY 10036 LEGAL 381443 21 TUITION 900099 54025083 54025083 AUXILIARY SERVICES 900099 10916644 10916644 WORK STUDY REIMB 900099 113160 113160 65054887 26224 26224 326592 520790 -194198 -194198 -194198 317500 162454 155046 155046 OTHER REVENUE 900099 337717 337717 LAUNDRY REVENUE 900099 27831 27831 TRANSCRIPT REVENUE 900099 6922 6922 372470 65414429 65209933 0 204496 11827668 11827668 1603915 1221544 382371 173609 173609 19802995 14753437 5049558 58143 40700 17443 1686471 1183704 502767 1974261 1381983 592278 402004 44557 357447 202123 202123 159327 50216 109111 1831085 1641913 189172 4491222 2695792 1795430 363743 363743 2833518 2833518 478173 157249 320924 2682246 1341123 1341123 2383587 2383587 591724 295862 295862 HOUSING RENTALS 4320652 4320652 STUDENT ACTIVITY EXP 2112153 2112153 SCHOLARSHIP AUDITIONS 1553879 1553879 BAD DEBT EXPENSE 410482 410482 900864 338064 562800 62843844 47794014 15049830 0 4983520 5639262 8891041 10587801 853922 1016823 120665 106242 464893 735845 86238431 17666341 57395745 68572090 4015117 4153625 76724903 90811688 1038117 1035484 9315912 13469144 30000 25000 36809 35947 44359891 51545075 2014235 2617309 56794964 68727959 X 19929939 22083729 19929939 22083729 76724903 90811688 X 2570585 -416795 X X 0 1 X 1 0 X 0 1 X 25213208 25213208 32783499 6175832 26607667 17701094 5550631 12150463 7270706 4986739 2283967 3269924 953139 2316785 68572090 DEFERRED COMPENSATION PAYABLE 221989 DEFERRED RENT 810617 FAIR VALUE OF INTEREST RATE SWAP LIABILITY 1584703 2617309 X 54199308 689255 689255 53510053 11904376 11904376 65414429 51331961 2342493 2342493 48989468 13854376 13854376 62843844 PART IV, LINE 2B: AMDA HOLD SECURITY DEPOSITS TOTALING $25,000 FOR A LEASE FOR USE OF ITS HOUSING AND STUDIO SPACE. THE FUNDS ARE RETURNED AT THE END OF THE LEASE OR ARE TO BE USED TO BE APPLIED TO DAMAGES OF THE SPACE, IF ANY, OR NON-PAYMENT OF RENT. NONE OF THE SECURITY DEPOSITS ARE INTEREST BEARING, NOR ARE REQUIRED TO BE IN A SEGREGATED BANK ACCOUNT. PART X, LINE 2: THE ACADEMY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ACADEMY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ACADEMY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO FISCAL YEAR 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED REVENUE INCLUDED ON RELATED ENTITY FORM 990 168,465. RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 520,790. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE 11,827,668. SALARY EXPENSE NETTED AGAINST MERCHANDISE SALES 76,708. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED EXPENSES INCLUDED ON RELATED ENTITY FORM 990 1,821,703. RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 520,790. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE 11,827,668. ALLOCATION OF HOUSING EXPENSES FROM MSA, INC. (100% OWNED SUBSIDIARY) 1,950,000. SALARY EXPENSE NETTED AGAINST MERCHANDISE SALES 76,708. 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AN ADVERTISEMENT WAS PLACED IN THE NEW YORK TIMES WEEKEND JOURNAL WHICH IS DISTRIBUTED NATIONALLY. ADDITIONALLY, THE SCHOOL PUBLISHES THE FOLLOWING STATEMENT IN THE CATALOGUE, APPLICATION FOR ADMISSION, STUDENT HANDBOOK, FACULTY HANDBOOK AND EMPLOYEE HANDBOOK: THE AMERICAN MUSICAL AND DRAMATIC ACADEMY IS AN EQUAL OPPORTUNITY INSTITUTION. DECISIONS CONCERNING ADMISSION, ENROLLMENT, STATUS, FINANCIAL AID, OR EMPLOYMENT BY AMDA ARE BASED ON TALENT AND QUALIFICATIONS, WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, AGE, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORIGIN OR DISABILITY. SCHEDULE E, PART I, LINE 4 AMDA DOES NOT SOLICIT CONTRIBUTIONS. SCHEDULE E, PART I, LINE 6 AMDA RECEIVES FINANCIAL AID ON BEHALF OF ITS STUDENTS. 1 NATIONAL SCHOLARSHIPS 1744 7212856 INSTITUIONAL AID 1177 2879838 MERIT AWARDS 249 556663 INTERNATIONAL SCHOLARSHIP 104 266364 SUMMER GRANTS 82 66100 VIP SCHOLARSHIPS 681 719257 JUNIOR SCHOLARSHIP 34 26000 SUMMER CAMP SCHOLARSHIPS 114 91340 PART I, LINE 2: INSTITUTIONAL AID AWARD TYPE: NEED BASED WHO AWARDS: FINANCIAL AID DEPARTMENT AWARD TYPE: NEED BASED WHO AWARDS: FINANCIAL AID DEPARTMENT THE FINANCIAL AID DEPARTMENT REVIEWS EACH APPLICANT WHO IS ELIGIBLE FOR FINANCIAL ASSISTANCE TO DETERMINE IF THE APPLICANT QUALIFIES FOR A SPECIAL PROGRAM, SPONSORED AND FUNDED BY AMDA, CALLED THE "AMDA GRANT". THE AMDA GRANT IS A TUITION CREDIT GIVEN BY AMDA IN THE AMOUNTS OF $1000 TO $4000. THE DETERMINATION OF THE AMOUNT IS CALCULATED UTILIZING THE STUDENT'S EFC (ESTIMATED FAMILY CONTRIBUTION) OUTLINED IN THEIR SAR (STUDENT AID REPORT) WHICH IS BASED ON THEIR FAFSA INFORMATION. STUDENT'S WITH AN EFC FROM ZERO TO 15,000 WILL RECEIVE SOME TYPE OF AMDA GRANT. APPLICANTS: EVERY APPLICANT IS REVIEWED FOR ELIGIBILITY FOR THE AMDA GRANT WHEN THE APPLICANT IS BEING PACKAGED. THIS OCCURS UPON RECEIPT OF THE APPLICANT'S SAR (STUDENT AID REPORT), WHICH IS GENERATED BY THE US DEPARTMENT OF EDUCATION AFTER THE STUDENT HAS COMPLETED THEIR FAFSA. THE REVIEW OF AMDA GRANT ELIGIBILITY AND PACKAGING IS DONE BY THE FINANCIAL AID STAFF MEMBER THAT IS RESPONSIBLE FOR THE PACKAGING AND MANAGEMENT OF THE INCOMING STUDENT POPULATION FOR THAT RESPECTIVE CAMPUS. CURRENTLY ENROLLED STUDENTS: EACH STUDENT WHO IS CURRENTLY ENROLLED IS REVIEWED FOR ELIGIBILITY FOR THE AMDA GRANT WHEN THE STUDENT IS BEING PACKAGED AT THE BEGINNING OF EACH NEW ACADEMIC YEAR. AS WITH APPLICANTS, ELIGIBILITY IS CALCULATED ONCE THE STUDENT'S SAR HAS BEEN RECEIVED. SPECIAL CIRCUMSTANCES/NOTES: IF A PROFESSIONAL JUDEGEMENT IS COMPLETED TO REDUCE THE STUDENT'S INCOME AND THUS, EFC, WE WILL ALSO INCREASE THE STUDENT'S AMDA GRANT AWARD AMOUNT TO REFLECT THE NEWLY CALCULATED EFC. INTERNATIONAL GRANT AWARD TYPE: NEED BASED WHO AWARDS: FINANCIAL AID DEPARTMENT INTERNATIONAL STUDENTS MAY SUBMIT AN INTERNATIONAL FINANCIAL APPLICATION TO BE CONSIDERED FOR NEED BASED INSTITUTIONAL AID. THE FINANCIAL AID DEPARTMENT REVIEWS EACH FINANCIAL APPLICATION TO DETERMINE IF THE APPLICANT QUALIFIES FOR A SPECIAL PROGRAM, SPONSORED AND FUNDED BY AMDA, CALLED THE "INTERNATIONAL GRANT". THE INTERNATIONAL GRANT IS A TUITION CREDIT GIVEN BY AMDA IN THE AMOUNTS OF $1000 TO $4000. THE DETERMINATION OF THE AMOUNT IS DETERMINED BY CALCULATIONS UTILIZING THE ESTIMATED ANNUAL INCOME, AS DETERMINED BY THE INTERNATIONAL FINANCIAL APPLICATION, THEIR DEPENDENCY STATUS AND THE NUMBER OF DEPENDENTS IN THEIR HOUSEHOLD. INTERNATIONAL GRANTS ARE AUTOMATICALLY RENEWED FROM ONE ACADEMIC YEAR TO THE NEXT. APPLICANTS: INTERNATIONAL APPLICANTS WHO SUBMIT THE VOLUNTARY INTERNATIONAL FINANCIAL AID APPLICATION ARE CONSIDERED FOR THE INTERNATIONAL GRANT. CURRENTLY ENROLLED STUDENTS: CONTINUING INTERNATIONAL STUDENTS, WHO WERE NOT AWARDED AN INTERNATIONAL GRANT DURING THEIR FIRST ACADEMIC YEAR, MAY BE CONSIDERED FOR THE INTERNATIONAL GRANT BY SUBMITTING AN INTERNATIONAL FINANCIAL AID APPLICATION FOR THEIR CURRENT AWARD YEAR. SPECIAL CIRCUMSTANCES/NOTES: INTERNATIONAL STUDENTS MAY BE ASKED TO SUBMIT ADDITIONAL DOCUMENTATION TO VALIDATE INFORMATION STATED ON THE INTERNATIONAL FINANCIAL APPLICATION. THIS DOCUMENTATION MAY INCLUDE TAX FORMS, BANK STATEMENTS, PAYROLL STUBS ETC. SUMMER GRANT AWARD TYPE: NEED BASED WHO AWARDS: FINANCIAL AID DEPARTMENT SUMMER GRANTS ARE $1000 SCHOLARSHIPS AWARDED TO ALL DOMESTIC APPLICANTS, DURING THEIR FIRST YEAR OF STUDY, IF THEY CHOSE TO START DURING THE SUMMER TERM AND THEY HAVE FILED A FAFSA AND HAVE AN EFC LESS THAN 10,000. APPLICANTS: ARE ELIGIBLE TO RECEIVE THE SUMMER GRANT IF THEY BEGIN ENROLLMENT DURING THE SUMMER TERM AND MEET THE EFC REQUIREMENT. CURRENTLY ENROLLED STUDENTS: CONTINUING STUDENTS ARE NOT ELIGIBLE TO RECEIVE THE SUMMER GRANT. SPECIAL CIRCUMSTANCES/NOTES: AMDA SCHOLARSHIPS AWARD TYPE: MERIT BASED WHO AWARDS: ADMISSIONS DEPARTMENT THE ADMISSIONS DEPARTMENT, SPECIFICALLY THE ADMISSIONS DIRECTORS, REVIEW EACH APPLICANT'S APPLICATION AND AUDITION RESULTS TO DETERMINE IF THE APPLICANT QUALIFIES FOR A SPECIAL PROGRAM, SPONSORED AND FUNDED BY AMDA, CALLED THE "AMDA SCHOLARSHIP". THE AMDA SCHOLARSHIP IS A TUITION CREDIT GIVEN BY AMDA THAT GENERALLY RANGE IN THE AMOUNTS OF $1000 TO $10,000. THE DETERMINATION OF THE AMOUNT IS CALCULATED UTILIZING A RUBRIC ANALYZING SEVERAL COMPONANTS OF THE STUDENT APPLICATION AND AUDITION, SPECIFICALLY THEIR HIGH SCHOOL TRANSCRIPT/GPA, LETTERS OF RECOMMENDATION, ESSAY AND AUDITION SCORE. APPLICANTS: EVERY APPLICANT IS REVIEWED FOR ELIGIBILITY FOR THE AMDA SCHOLARSHIP DURING THE ADMISSION PROCESS. ONCE A SCHOLARSHIP DECISION HAS BEEN MADE IT IS ENTERING INTO POWERCAMPUS AND THE FINANCIAL AID COUNSELOR RESPONSIBILITY FOR PACKAGING THE PARTICULAR STUDENT'S POPULATION IS NOTIFIED. ONCE WE HAVE RECEIVED THE STUDENT'S SAR, THE APPLICANT IS THEN PACKAGED WITH THEIR AMDA SCHOLARSHIP, AS WELL AS ALL OTHER ELIGIBLE FINANCIAL AID. IF THE STUDENT IS NOT APPLYING FOR FEDERAL AID OR IS AN INTERNATIONAL STUDENT, THEN THEY WOULD BE PACKAGED WITH THEIR AMDA SCHOLARSHIP IMMEDIATELY UPON DETEMINATION AND NOTIFICATION. CURRENTLY ENROLLED STUDENTS: AMDA SCHOLARSHIP ARE RENEWABLE TO ALL CONTINUING STUDENTS FROM ONE ACADEMIC YEAR TO THE NEXT. AMDA SCHOLARSHIPS ARE RE-PACKAGED ONCE WE HAVE RECIEVED THE STUDENT'S NEW SAR AND ARE PACKAGING THEM FOR THE THEIR NEW ACADEMIC YEAR. AMDA SCHOLARSHIPS REQUIRE A MINIMUM GPA OF 3.0 TO MAINTAIN A SCHOLARSHIP FROM ONE ACADEMIC YEAR TO THE NEXT. STUDENTS WHO FALL BELOW THIS STANDARD WILL HAVE THEIR SCHOLARSHIP REMOVED WHEN BEING PACKAGED FOR THEIR NEXT ACADEMIC YEAR. SPECIAL CIRCUMSTANCES: STUDENTS WHO HAVE FALLEN BELOW THE 3.0 GPA MINIMUM STANDARD BUT MAY APPEAL TO HAVE THEIR SCHOLARSHIP RENEWED IF THEY HAVE EXTENUATING CIRCUMSTANCES THEY MAY HAVE CONTRIBUTED TO THEIR FAILURE TO MAINTAIN A 3.0 GPA OR THEY HAVE A GPA BETWEEN 2.50-2.99. INTERNATIONAL SCHOLARSHIP AWARD TYPE: MERIT BASED WHO AWARDS: ADMISSIONS DEPARTMENT THE ADMISSIONS DEPARTMENT, SPECIFICALLY THE ADMISSIONS DIRECTORS, REVIEW EACH INTERNATIONAL APPLICANT'S APPLICATION AND AUDITION RESULTS TO DETERMINE IF THE APPLICANT QUALIFIES FOR A SPECIAL PROGRAM, SPONSORED AND FUNDED BY AMDA, CALLED THE "INTERNATIONAL SCHOLARSHIP". THE INTERNATIONAL SCHOLARSHIP IS A TUITION CREDIT GIVEN BY AMDA THAT GENERALLY RANGE IN THE AMOUNTS OF $1000 TO $10,000 AND IS SUPPLEMENTAL TO ANY AMDA SCHOLARSHIP ALREADY AWARDED. RECIPIENTS OF THIS AWARD ARE DETERMINED BASED ON FURTHER IN-DEPTH REVIEW OF THE APPLICANT'S ADMISSIONS MATERIALS INCLUDING THEIR APPLICATION AND AUDITION, SPECIFICALLY THEIR HIGH SCHOOL TRANSCRIPT/GPA, LETTERS OF RECOMMENDATION, ESSAY AND AUDITION SCORE. APPLICANTS: ONLY OUTSTANDING INTERNATIONAL APPLICANTS ARE CONSIDERED FOR THE INTERNATIONAL SCHOLARSHIP. CURRENTLY ENROLLED STUDENTS: INTERNATIONAL SCHOLARSHIPS ARE RENEWABLE TO CONTINUING INTERNATIONAL STUDENTS FROM ONE ACADEMIC YEAR TO THE NEXT. INTERNATIONAL SCHOLARSHIPS ARE RE-PACKAGED DURING THE FINANCIAL PACKAGING PROCESS FOR EACH NEW ACADEMIC YEAR. INTERNATIONAL SCHOLARSHIPS REQUIRE A MINIMUM GPA OF 3.0 TO MAINTAIN A SCHOLARSHIP FROM ONE ACADEMIC YEAR TO THE NEXT. STUDENTS WHO FALL BELOW THIS STANDARD WILL HAVE THEIR SCHOLARSHIP REMOVED WHEN BEING PACKAGED FOR THEIR NEXT ACADEMIC YEAR. SPECIAL CIRCUMSTANCES: STUDENTS WHO HAVE FALLEN BELOW THE 3.0 GPA MINIMUM STANDARD BUT MAY APPEAL TO HAVE THEIR SCHOLARSHIP RENEWED IF THEY HAVE EXTENUATING CIRCUMSTANCES THAT MAY HAVE CONTRIBUTED TO THEIR FAILURE TO MAINTAIN A 3.0 GPA AND THEY HAVE A GPA BETWEEN 2.50-2.99. VIP SCHOLARSHIP: AWARD TYPE: MERIT BASED WHO AWARDS: ADMISSIONS DEPARTMENT VIP SCHOLARSHIPS ARE $1000 SCHOLARSHIP AWARDED TO APPLICANTS WHO SUBMIT A "VIP" APPLICATION. THIS $1000 IS RENEWABLE FROM YEAR TO YEAR, IF THE STUDENT MAINTAINS THE MINIMUM 3.0 GPA REQUIREMENT. APPLICANTS: APPLICANTS ARE AWARDED THE VIP SCHOLARSHIP IF THEY ARE A RECIPIENT OF THE VIP APPLICATION CURRENTLY ENROLLED STUDENTS: CONTINUING STUDENTS MAY CONTINUE TO RECEIVE THE VIP SCHOLARSHIP IF THEY RECEIVED IT DURING THEIR FIRST YEAR AND MAINTAIN THE REQUIRED GPA. CONTINUING STUDENTS WHO DID NOT RECEIVE IT DURING THE FIRST YEAR ARE NOT ELIGIBLE FOR THIS SCHOLARSHIP. SCHEDULE I, PART I, LINE 2 (CONT'D): JUNIOR SCHOLARSHIP: AWARD TYPE: MERIT BASED WHO AWARDS: ADMISSIONS DEPARTMENT JUNIOR SCHOLARSHIPS ARE $1000 SCHOLARSHIP AWARDED TO APPLICANTS WHO APPLY AND ARE ACCEPTED TO AMDA DURING THEIR JUNIOR YEAR OF HIGH SCHOOL. THIS $1000 IS RENEWABLE FROM YEAR TO YEAR, IF THE STUDENT MAINTAINS THE MINIMUM 3.0 GPA REQUIREMENT. APPLICANTS: APPLICANTS ARE AWARDED THE JUNIOR SCHOLARSHIP IF THEY APPLY DURING THEIR JUNIOR YEAR OF HIGH SCHOOL. CURRENTLY ENROLLED STUDENTS: CONTINUING STUDENTS MAY CONTINUE TO RECEIVE THE JUNIOR SCHOLARSHIP IF THEY RECEIVED IT DURING THEIR FIRST YEAR AND MAINTAIN THE REQUIRED GPA. CONTINUING STUDENTS WHO DID NOT RECEIVE IT DURING THE FIRST YEAR ARE NOT ELIGIBLE FOR THIS SCHOLARSHIP. FIRST YEAR MERIT SCHOLARSHIP AWARD TYPE: NEED & MERIT BASED WHO AWARDS: ADMISSIONS DEPARTMENT BASED ON AN APPEAL SUBMITTED BY THE APPLICANT, THE ADMISSIONS DEPARTMENT, SPECIFICALLY THE ADMISSIONS DIRECTORS, MAY RE-REVIEW AN APPLICANT'S APPLICATION AND AUDITION RESULTS, AS WELL AS ANY ADDITIONAL INFORMATION OUTLINING FINANCIAL HARDSHIP SUBMITTED BY THE APPLICANT WITHIN THEIR APPEAL, TO DETERMINE IF THE APPLICANT QUALIFIES FOR A SPECIAL PROGRAM, SPONSORED AND FUNDED BY AMDA, CALLED A "FIRST YEAR MERIT SCHOLARSHIP". IF AWARDED, FIRST YEAR MERIT SCHOLARSHIP ARE TUITION CREDITS THAT GENERALLY RANGE FROM $1000 TO $4000. WHILE REVIEWING AN APPEAL FOR FIRST YEAR MERIT SCHOLARSHIP, THE ADMISSION DIRECTORS MAY SEEK ADDITIONAL INFORMATION FROM THE FA DEPARTMENT TO HELP MAKE THIS DECISION. THE APPLICANT'S REMAINING BALANCE, LOAN DENIALS AND CURRENT FINANCIAL AID PACKAGE MAY BE TAKEN INTO CONSIDERATION. APPLICANTS: APPLICANTS ARE ONLY CONSIDERED FOR FIRST YEAR MERIT SCHOLARSHIP, IF THEY APPEAL FOR ADDITIONAL SCHOLARSHIP AFTER THEY HAVE BEEN NOTIFIED OF THEIR AMDA SCHOLARSHIP AWARD AND FA PACKAGE. CURRENTLY ENROLLED STUDENTS: CONTINUING STUDENTS MAY NOT APPEAL FOR FIRST YEAR MERIT AWARD. SPECIAL CIRCUMSTANCES/NOTES: FIRST YEAR MERIT AWARDS ARE NOT RENEWABLE FROM YEAR TO YEAR. STUDENTS MAY APPEAL TO KEEP THIS AWARD WHEN BEING PACKAGED FOR THEIR NEXT ACADEMIC YEAR. CONTINUING MERIT SCHOLARSHIP AWARD TYPE: NEED & MERIT BASED WHO AWARDS: THE APPEALS COMMITTEE AT THE STUDENT'S RESPECTIVE CAMPUS THE APPEALS COMMITTEE AT EACH CAMPUS REVIEWS APPEALS, SUBMITTED BY CURRENTLY ENROLLED STUDENTS, FOR ADDITIONAL INSTITUTIONAL AID. EACH APPEAL IS REVIEWED BY THE APPEALS COMMITTEE AND A DETERMINATION IS MADE WHETHER TO AWARD THE STUDENT ADDITIONAL FINANCIAL ASSISTANCE IN THE FORM OF A SPECIAL PROGRAM, SPONSORED AND FUNDED BY AMDA, CALLED THE "CONTINUING MERIT SCHOLARSHIP". IF AWARDED, CONTINUING MERIT SCHOLARSHIP ARE TUITION CREDITS GENERALLY RANGING FROM $1000 TO $3000 BUT CAN BE MUCH MORE IN VERY SPECIAL CASES. APPEAL DECISIONS ARE DETERMINED BY LOOKING AT INFORMATION PROVIDE BY THE STUDENT WITHIN THE APPEAL, FEEDBACK FROM RELEVANT FACULTY/STAFF AND INFORMATION FROM FINANCIAL AID AND THE STUDENT ACCOUNTS. APPLICANTS: INCOMING APPLICANTS ARE NOT ELIGIBLE FOR THE CONTINUING MERIT SCHOLARSHIP. CURRENTLY ENROLLED STUDENTS: CONTINUING STUDENTS MAY APPEAL FOR THE CONTINUING MERIT SCHOLARSHIP BY SUBMITTING AN APPEAL TO THE FINANCIAL AID DEPARTMENT AT THEIR RESPECTIVE CAMPUS. AS APPEAL ARE RECEIVED, THE ADDITIONAL RELEVANT INFORMATION IS COMPILED ON THE STUDENT AND THEN DISTRIBUTED TO THE APPEALS COMMITTEE FOR REVIEW. THE APPEAL COMMITTEE WILL THEN MEET AND MAKE A DETERMINATION. ONCE A DECISION HAS BEEN MADE THE STUDENT IS THEN NOTIFIED OF THE DECISION. IF A CONTINUING MERIT SCHOLARSHIP HAS BEEN AWARDED, IT IS THEN APPLIED TO THEIR FA PACKAGE AND A NEW AWARD LETTER IS SENT. IT IS ALSO APPLIED TO THEIR STUDENT ACCOUNT AND THEIR ACCOUNT AND PAYMENT PLAN IS ADJUSTED ACCORDINGLY. SPECIAL CIRCUMSTANCES/NOTES: STUDENTS MUST HAVE A MINIMUM GPA OF 3.0 TO BE ELIGIBLE TO APPLY FOR CONTINUING MERIT SCHOLARSHIP. IN ADDITION, STUDENTS MUST BE UTILIZING ALL ELIGIBLE FINANCIAL AID TO BE ELIGIBLE TO APPLY. AMDA INSTITUTIONAL LOAN AWARD TYPE: NEED BASED WHO AWARDS: THE APPEALS COMMITTEE AT THE STUDENT'S RESPECTIVE CAMPUS THE APPEALS COMMITTEE AT EACH CAMPUS REVIEWS APPEALS, SUBMITTED BY CURRENTLY ENROLLED STUDENTS, FOR ADDITIONAL INSTITUITIONAL AID. EACH APPEAL IS REVIEWED BY THE APPEALS COMMITTEE AND A DETERMINATION IS MADE WHETHER TO AWARD THE STUDENT ADDITIONAL FINANCIAL ASSISTANCE IN THE FORM OF A SPECIAL PROGRAM, SPONSORED AND FUNDED BY AMDA, CALLED THE "AMDA INSTITUTIONAL LOAN". IF AWARDED, THE AMDA INSTITUTIONAL LOAN ARE FUNDS AWARDED TO STUDENTS THAT ARE INTENDED TO BE PAID BACK OVER THE TERM OF THE LOAN. LOAN CAN RANGE FROM $500 TO $5000 PER ACADEMIC YEAR. APPEAL DECISIONS ARE DETERMINED BY LOOKING AT INFORMATION PROVIDE BY THE STUDENT WITHIN THE APPEAL, FEEDBACK FROM RELEVANT FACULTY/STAFF AND INFORMATION FROM FINANCIAL AID AND THE STUDENT ACCOUNTS. APPLICANTS: INCOMING APPLICANTS ARE NOT ELIGIBLE FOR THE AMDA INSTITUTIONAL LOAN. CURRENTLY ENROLLED STUDENTS: CONTINUING STUDENTS ARE CONSIDERED FOR THE AMDA INSTITUTIONAL LOAN WHEN THEY SUBMIT AN APPEAL FOR ADDITIONAL AID TO THE FINANCIAL AID DEPARTMENT AT THEIR RESPECTIVE CAMPUS. AS APPEAL ARE RECEIVED, THE ADDITIONAL RELEVANT INFORMATION IS COMPILED ON THE STUDENT AND THEN DISTRIBUTED TO THE APPEALS COMMITTEE FOR REVIEW. THE APPEAL COMMITTEE WILL THEN MEET AND MAKE A DETERMINATION. ONCE A DECISION HAS BEEN MADE THE STUDENT IS THEN NOTIFIED OF THE DECISION. IF AN AMDA INSTITUTIONAL LOAN HAS BEEN AWARDED, IT IS THEN APPLIED TO THEIR FA PACKAGE AND A NEW AWARD LETTER IS SENT. THE STUDENT IS THEN REQUIRED TO COMPLETE MASTER PROMISSORY NOTE, AS WELL AS SEVERAL IMPORTANT DISCLOSURES THAT ARE REQUIRED BY FEDERAL REGULATIONS. ONCE THEIR MPN AND DISCLOSURES HAVE BEEN COMPLETED, THE LOAN IS ALSO APPLIED TO THEIR STUDENT ACCOUNT AND THEIR ACCOUNT AND PAYMENT PLAN IS ADJUSTED ACCORDINGLY. SPECIAL CIRCUMSTANCES/NOTES: THE AMDA INSTITUTIONAL LOAN IS ADMINISTERED BY ECSI. ALL MPN'S AND DISCLOSURES ARE COMPLETED ELECTRONICALLY VIA THEIR WEB-BASED SOFTWARE. STUDENTS MUST HAVE A MINIMUM GPA OF 3.0 TO BE ELIGIBLE TO APPLY FOR CONTINUING MERIT SCHOLARSHIP. IN ADDITION, STUDENTS MUST BE UTILIZING ALL ELIGIBLE FINANCIAL AID TO BE ELIGIBLE TO APPLY. X X X X X 0 1 0 0 0 0 0 1 0 JAN R MARTIN CEO/DIRECTOR - SEE SCH. J & O 400000 0 50000 0 643467 0 75000 0 11220 0 1179687 0 666244 0 DAVID D MARTIN PRESIDENT/DIRECTOR - SEE SCH J & O 450000 0 50000 0 723318 0 75000 0 11805 0 1310123 0 755218 0 DAVID SILVERMAN CHIEF FINANCIAL OFFICER 230035 0 25000 0 17500 0 71989 0 34622 0 379146 0 25000 0 JOHN L GALGANO GENERAL COUNSEL 146189 0 0 0 0 0 0 0 10061 0 156250 0 0 0 MARK RUGGIERO DIRECTOR OF FINANCIAL AID 147812 0 0 0 0 0 0 0 10015 0 157827 0 0 0 PART I, LINE 4B DAVID MARTIN, JAN MARTIN AND DAVID SILVERMAN PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED PLAN. DAVID MARTIN RECEIVED A DISTRIBUTION OF $705,218 AND JAN MARTIN RECEIVED A DISTRIBUTION OF $616,244, BOTH OF WHICH WERE PAID IN THEIR 2014 W-2S. A CONTRIBUTION OF $46,989 WAS ACCRUED BY AMDA FOR DAVID SILVERMAN. PART I, LINE 7 DAVID MARTIN, JAN MARTIN AND DAVID SILVERMAN EACH RECEIVED A BOARD DISCRETIONARY BONUS IN THEIR 2014 W-2S. SCHEDULE J, PART II, COLUMN (B): SEE BELOW FOR FURTHER DETAILS REGARDING THESE AMOUNTS REPORTED IN SCHEDULE J, PART II, COLUMN (B): WITH PROFOUND APPRECIATION AND IN RECOGNITION OF OVER 40 YEARS OF CONSISTENT, SUSTAINABLE SUCCESS AND DEDICATION TO AMDA, THE AMDA BOARD OF DIRECTORS HAS PROVIDED A ONE-TIME RETIREMENT BONUS FOR DAVID MARTIN AND JAN MARTIN. DAVID MARTIN AND JAN MARTIN HAVE NOT RECEIVED ANY MEANINGFUL RETIREMENT BENEFITS PROVIDED BY AMDA DURING THEIR ENTIRE RESPECTIVE CAREERS. DAVID MARTIN HAS BEEN PRESIDENT OF AMDA FOR 47 YEARS; JAN MARTIN HAS BEEN THE EXECUTIVE DIRECTOR FOR AMDA FOR 41 YEARS. THE MARTINS' JOURNEY OF DEVOTION TO AMDA BEGAN WHEN THEY PERSONALLY AND FINANCIALLY RESCUED THE STRUGGLING DRAMA SCHOOL IN GREENWICH VILLAGE IN THE 1970S, WHICH AT THE TIME HAD ONLY FORTY STUDENTS. THE AMDA COMMUNITY HAS GROWN TO OVER 2,000 PEOPLE, WITH OVER 1,300 FULL-TIME STUDENTS FROM EVERY STATE IN THE U.S. AND NUMEROUS INTERNATIONAL COUNTRIES. DAVID MARTIN AND JAN MARTIN'S SUCCESS HAS INCLUDED REACHING SIGNIFICANT GOALS FOR AMDA; THEY HAVE ENSURED AMDA'S FINANCIAL LEGACY AND FUTURE STABILITY THROUGH A STRATEGIC PLAN WHICH HAS INCLUDED MULTIPLE PURCHASES OF COMMERCIAL REAL ESTATE HOLDINGS AND CONSISTENT INCREASES IN AMDA'S ANNUAL REVENUE. CURRENTLY, AMDA'S REAL ESTATE HOLDINGS ARE VALUED AT OVER $100 MILLION DOLLARS AND AMDA HAS ANNUAL REVENUE OF OVER $50 MILLION DOLLARS. IN 2003, THE MARTINS FOUNDED A SECOND SISTER CAMPUS IN HOLLYWOOD, AMDA LOS ANGELES, WHICH, UNDER THEIR LEADERSHIP HAS THRIVED AND GROWN RAPIDLY TO BECOME A FULLY OPERATIONAL SUCCESSFUL COLLEGE, OFFERING MULTIPLE BACHELOR OF FINE ARTS DEGREES. THE AMDA COMMUNITY HAS BEEN AND WILL CONTINUE TO BE THE PRIVILEGED RECIPIENT OF THE MARTINS' UNRELENTING LOYALTY AND PASSION FOR AMDA. THE BOARD OF DIRECTORS HAS TAKEN THIS OPPORTUNITY TO FORMALLY THANK DAVID MARTIN AND JAN MARTIN FOR ALL OF THEIR AMAZING CONTRIBUTIONS OVER THE YEARS. TO ADDRESS THE ISSUE OF COMPENSATION AND RETIREMENT USING BEST PRACTICES, THE BOARD HIRED AN OUTSIDE EXPERT COMPENSATION FIRM TO RESEARCH AND EVALUATE APPROPRIATE AWARDS. RATHER THAN STRUCTURING THE RETIREMENT PLAN ON A DEFERRED VESTED BASIS, THE RETIREMENT PLAN IS BEING TREATED AND REPORTED (CALCULATED, PAID, TAXED) ON FORM 990. DAVID MARTIN AND JAN MARTIN HAVE WORKED FOR OVER FOUR DECADES, RELENTLESSLY BUILDING THE SCHOOL ARTISTICALLY, ACADEMICALLY AND PROFESSIONALLY UNTIL THE SCHOOL'S TRANSFORMATIONAL FOUNDATION WAS COMPLETE: AMDA IS NOW A MAJOR, FULLY-ACCREDITED COLLEGE AND CONSERVATORY WHICH HAS EARNED THE UNIQUE DESCRIPTION OF BEING THE ONLY ACCREDITED INSTITUTION OF HIGHER EDUCATION, OFFERING BACHELOR OF FINE ARTS DEGREES AND PROFESSIONAL CERTIFICATE PROGRAMS - DEVOTED ENTIRELY TO THE PERFORMER, WITH CAMPUSES IN NEW YORK CITY AND LOS ANGELES. THE MARTINS HAVE DEVELOPED A SUCCESSFUL AND INNOVATIVE BUSINESS MODEL THAT WILL HELP GUIDE AMDA FOR FUTURE GENERATIONS. OF ADDITIONAL NOTE IS THAT THE MARTINS HAVE ESTABLISHED A FUND TO SUPPORT FUTURE SCHOLARSHIPS AND SUPPORT STUDENT AND FACULTY VISION PROJECTS. DAVID AND JAN MARTIN OFFICERS OF THE ORGANIZATION TRAVEL AND RELATED REIMBURSEMENT PROGRAM X 93604 35947 0 1 1 35947 DUNMIRE CONSULTING OWNER IS THE SISTER OF JAN MARTIN, CEO OF AMDA, INC. 173609 THE ACADEMY PAID $173,609 TO THE COMPUTER CONSULTATION FIRM OWNED BY MARGARET DUNMIRE, THE SISTER OF JAN MARTIN, CEO OF AMDA, INC. THIS ARRANGEMENT HAS BEEN APPROVED BY THE BOARD OF DIRECTORS. 0 FORM 990, PART I, LINE 1: THE AMERICAN MUSICAL AND DRAMATIC ACADEMY PROVIDES TWO TRACKS OF EDUCATIONAL PROGRAMS TO MEET THE NEEDS OF THE PERFORMING ARTIST. AMDA'S FOUR-YEAR BFA PROGRAM OFFERS BACHELOR OF FINE ARTS DEGREES IN FOUR DISTINCT ARTISTIC AND ACADEMIC PROGRAMS: *BACHELOR OF FINE ARTS IN ACTING *BACHELOR OF FINE ARTS IN MUSICAL THEATRE *BACHELOR OF FINE ARTS IN DANCE THEATRE *BACHELOR OF FINE ARTS IN PERFORMING ARTS THE CONSERVATORY PROGRAM IS A TWO-YEAR CERTIFICATE PROGRAM WHICH OFFERS EDUCATIONAL TRAINING FOR THE PERFORMING ARTIST SEEKING A CAREER IN THE PROFESSIONAL WORLD. THE CONSERVATORY PROGRAMS INCLUDE: *THE STUDIO PROGRAM (STUDIES FOCUS ON ACTING FOR THE STAGE AND SCREEN.) *THE INTEGRATED PROGRAM (STUDIES FOCUS ON ACTING, MUSICAL THEATRE, AND DANCE FOR THE PERFORMING ARTIST.) *THE DANCE PROGRAM. (STUDIES FOCUS ON MULTIPLE DANCE DISCIPLINES ALONG WITH PERFORMING ARTS ELECTIVES.) PROGRAM DESCRIPTION: BACHELOR OF FINE ARTS IN ACTING THE BACHELOR OF FINE ARTS IN ACTING IS A FOUR-YEAR, 120 CREDIT PROGRAM OF STUDY, DEVISED TO PROVIDE BOTH COMPREHENSIVE EDUCATION/TRAINING AND A SOLID FOUNDATION OF LIBERAL ARTS/GENERAL EDUCATION COURSE WORK FOR THE PERFORMING ARTIST. THE PERFORMING ARTS COMPONENT CONSISTS OF 90 CREDITS OF COURSE WORK WHICH PROVIDES ARTISTIC TRAINING IN ACTING FOR STAGE, FILM, AND TELEVISION. THIS COMPREHENSIVE REGIMEN IS DESIGNED TO PREPARE STUDENTS FOR A CAREER IN THE PERFORMING ARTS WITH AN EMPHASIS ON ACTING. A SAMPLE OF THE COURSE OFFERINGS FOR THE ARTISTIC STUDIES INCLUDE: VOICE PRODUCTION AND SPEECH-FOUNDATIONS AND TECHNIQUE; ACTING FOUNDATIONS; ACTING FOR THE CAMERA-BEGINNING, INTERMEDIATE AND ADVANCED; ACTING-SCENE STUDY; ENSEMBLE ACTING; EXPLORING CONTEMPORARY THEATRE; ACTING STYLES; STAGE COMBAT-UNARMED; SHAKESPEARE; IMPROVISATIONAL ACTING-FOUNDATIONS, TECHNIQUES, AND ADVANCED TECHNIQUE; DIRECTING-THE ACTOR'S EXPERIENCE; ACTING-ADVANCED SCENE STUDY; DIALECTS-DIRECTED STUDIES; CLASSICAL REPERTOIRE; AUDITION TECHNIQUES; ONE-ACTS; FILM GENRE; ACTING TECHNIQUES; FILM SURVEY FOR THE ACTOR-BEGINNING AND ADVANCED; INDUSTRY WORKSHOP; STAGE COMBAT-SINGLE SWORD; MUSICIANSHIP; TV GENRES; DANCE AND MOVEMENT FOR THE ACTOR; ADVANCED AUDITION FOR THE CAMERA; ADVANCED TECHNIQUES AND SCENE APPLICATIONS; DIRECTING-THE DIRECTOR'S EXPERIENCE; SHORT FILMS; AUDITION PORTFOLIO-ACTING; INDUSTRY AND NETWORKING; INDUSTRY EVENT; PERFORMANCE ELECTIVES/PRACTICUM THROUGHOUT THE FOUR-YEAR PROGRAM DESIGNED FOR THE PROFESSIONAL DEVELOPMENT OF THE ARTIST. A BFA IN ACTING ALSO REQUIRES 30 CREDITS OF CRITICAL STUDIES WHICH BROADEN THE STUDENT'S EDUCATION WITH A DIVERSE CURRICULUM OF ACADEMIC STUDIES. THE CRITICAL STUDIES, OR GENERAL EDUCATION REQUIREMENTS, INCLUDE COURSES SUCH AS ENGLISH, HUMANITIES, SCIENCE/TECHNOLOGY, AND BUSINESS. THESE REQUIRED COURSES, ALONG WITH ADDITIONAL ELECTIVES IN THE CRITICAL STUDIES COMPONENT, INCLUDE A WIDE RANGE OF CULTURAL, ACADEMIC, AND HISTORICAL STUDIES. THESE CLASSES ARE SPECIFICALLY DESIGNED TO FURTHER DEVELOP THE STUDENTS UNDERSTANDING OF THE ARTISTIC AND CREATIVE PROCESS. THE ACADEMIC COURSEWORK FOR THIS COMPONENT OF THE PERFORMER'S TRAINING FURTHER SUPPORTS THE ARTIST'S PROFESSIONAL CAREER PATH WITH A WIDER DIVERSIFICATION OF EDUCATIONAL AND CRITICAL STUDIES. THE INTEGRATION OF THESE UNIQUELY DESIGNED CRITICAL STUDIES COURSES FOR THE PERFORMING ARTIST ALONG WITH THE INTENSIVE ARTISTIC TRAINING IN THE PERFORMING ARTS AND ACTING COMBINE TO PROVIDE A COMPREHENSIVE PERFORMANCE EDUCATION PREPARING THE GRADUATE FOR THE CHALLENGES OF THE PROFESSIONAL WORLD. PROGRAM DESCRIPTION: BACHELOR OF FINE ARTS IN MUSICAL THEATRE THE BACHELOR OF FINE ARTS IN MUSICAL THEATRE IS A FOUR-YEAR, 120 CREDIT PROGRAM OF STUDY, DEVISED TO PROVIDE BOTH COMPREHENSIVE EDUCATION/TRAINING AND A SOLID FOUNDATION OF LIBERAL ARTS/GENERAL EDUCATION COURSE WORK FOR THE PERFORMING ARTIST. THE PERFORMING ARTS COMPONENT CONSISTS OF 90 CREDITS OF COURSE WORK WHICH INTEGRATES THE DISCIPLINES OF ACTING, VOICE, DANCE, AND MUSICAL THEATRE. THIS COMPREHENSIVE REGIMEN IS DESIGNED TO PREPARE STUDENTS FOR A CAREER IN THE PERFORMING ARTS WITH A SPECIAL FOCUS ON MUSICAL THEATRE. A SAMPLE OF THE COURSE OFFERINGS FOR THE ARTISTIC STUDIES INCLUDE: MUSICAL THEATRE TECHNIQUES FOR STAGE AND FILM; VOICE PRODUCTION AND SPEECH; DANCE AND MOVEMENT FOR THE ACTOR; ACTING FOUNDATIONS AND TECHNIQUES; MUSICAL THEATRE STYLES FOR STAGE AND FILM; ENSEMBLE COMBINATIONS; MUSICAL THEATRE SCENE STUDY; DANCE (BEGINNING, INTERMEDIATE, AND ADVANCED)-BALLET, TAP, JAZZ; MUSICIANSHIP; DANCE AND MOVEMENT FOR THE ACTOR; MUSICAL THEATRE AUDITION PREPARATION; ENSEMBLE COMBINATIONS; STAGE COMBAT-UNARMED; PERFORMING AND PRODUCING CABARET; MUSICAL THEATRE-STYLES, SCENES, AND AUDITION PREPARATION; ACTING SCENE STUDY; ROLES AND READINGS; ADVANCED MUSICIANSHIP-SIGHT SINGING; ADVANCED AUDITION FOR THE CAMERA; MUSICAL THEATRE DANCE COMBINATIONS; ACTING FOR THE CAMERA-BEGINNING, INTERMEDIATE, AND ADVANCED; AUDITION PORTFOLIO-MUSICAL THEATRE AND ACTING; INDUSTRY NETWORKING; INDIVIDUAL VOICE TRAINING IN FOUNDATIONS AND TECHNIQUE; PERFORMANCE ELECTIVES/PRACTICUM THROUGHOUT THE FOUR-YEAR PROGRAM DESIGNED FOR THE PROFESSIONAL DEVELOPMENT OF THE ARTIST. A BFA IN MUSICAL THEATRE ALSO REQUIRES 30 CREDITS OF CRITICAL STUDIES WHICH BROADEN THE STUDENT'S EDUCATION WITH A DIVERSE CURRICULUM OF ACADEMIC STUDIES. THE CRITICAL STUDIES, OR GENERAL EDUCATION REQUIREMENTS, INCLUDE COURSES SUCH AS ENGLISH, HUMANITIES, SCIENCE/TECHNOLOGY, AND BUSINESS. THESE REQUIRED COURSES, ALONG WITH ADDITIONAL ELECTIVES IN THE CRITICAL STUDIES COMPONENT, INCLUDE A WIDE RANGE OF CULTURAL, ACADEMIC, AND HISTORICAL STUDIES. THESE CLASSES ARE SPECIFICALLY DESIGNED TO FURTHER DEVELOP THE STUDENTS UNDERSTANDING OF THE ARTISTIC AND CREATIVE PROCESS. THE ACADEMIC COURSEWORK FOR THIS COMPONENT OF THE PERFORMER'S TRAINING FURTHER SUPPORTS THE ARTIST'S PROFESSIONAL CAREER PATH WITH A WIDER DIVERSIFICATION OF EDUCATIONAL AND CRITICAL STUDIES. THE INTEGRATION OF THESE UNIQUELY DESIGNED CRITICAL STUDIES COURSES FOR THE PERFORMING ARTIST ALONG WITH THE INTENSIVE ARTISTIC TRAINING IN THE PERFORMING ARTS AND MUSICAL THEATRE COMBINE TO PROVIDE A COMPREHENSIVE PERFORMANCE EDUCATION PREPARING THE GRADUATE FOR THE CHALLENGES OF THE PROFESSIONAL WORLD. PROGRAM DESCRIPTION: BACHELOR OF FINE ARTS IN DANCE THEATRE THE BACHELOR OF FINE ARTS IN DANCE THEATRE IS A FOUR-YEAR, 120 CREDIT PROGRAM OF STUDY, DEVISED TO PROVIDE BOTH COMPREHENSIVE EDUCATION/TRAINING AND A SOLID FOUNDATION OF LIBERAL ARTS/GENERAL EDUCATION COURSE WORK FOR THE PERFORMING ARTIST. THE PERFORMING ARTS COMPONENT CONSISTS OF 90 CREDITS OF COURSE WORK WHICH INTEGRATES THE DISCIPLINES OF DANCE, ACTING, VOICE, AND MUSICAL THEATRE. THIS COMPREHENSIVE REGIMEN IS DESIGNED TO PREPARE STUDENTS FOR A CAREER IN THE PERFORMING ARTS WITH A SPECIAL FOCUS ON DANCE THEATRE. A SAMPLE OF THE COURSE OFFERINGS FOR THE ARTISTIC STUDIES INCLUDE: ONE-HOUR DAILY WARM-UP; DANCE-BALLET, JAZZ, MODERN, TAP, CONTEMPORARY, HIP-HOP (ALL LEVELS); VOICE PRODUCTION AND SPEECH-FOUNDATIONS AND TECHNIQUES; ACTING FOUNDATIONS; ACTING FOR THE CAMERA; ALEXANDER TECHNIQUE; PROFESSIONAL ETHICS IN DANCE; MUSICIANSHIP; DANCE FOR THE CAMERA-BEGINNING AND ADVANCED; EXPLORATION OF DANCE STYLES; CHOREOGRAPHY-THE DANCER'S EXPERIENCE; IMPROVISATIONAL DANCE; DANCE AUDITION TECHNIQUES-BEGINNING AND ADVANCED; CHOREOGRAPHY-THE CHOREOGRAPHER'S EXPERIENCE; INDUSTRY AND NETWORKING FOR DANCE THEATRE; INDUSTRY WORKSHOP; DANCE COMPANY PROJECT/PERFORMANCE PRACTICUM THROUGHOUT THE FOUR-YEAR PROGRAM DESIGNED FOR THE PROFESSIONAL DEVELOPMENT OF THE ARTIST. A BFA IN DANCE THEATRE ALSO REQUIRES 30 CREDITS OF CRITICAL STUDIES WHICH BROADEN THE STUDENT'S EDUCATION WITH A DIVERSE CURRICULUM OF ACADEMIC STUDIES. THE CRITICAL STUDIES, OR GENERAL EDUCATION REQUIREMENTS, INCLUDE COURSES SUCH AS ENGLISH, HUMANITIES, SCIENCE/TECHNOLOGY, AND BUSINESS. THESE REQUIRED COURSES, ALONG WITH ADDITIONAL ELECTIVES IN THE CRITICAL STUDIES COMPONENT, INCLUDE A WIDE RANGE OF CULTURAL, ACADEMIC, AND HISTORICAL STUDIES. THESE CLASSES ARE SPECIFICALLY DESIGNED TO FURTHER DEVELOP THE STUDENTS UNDERSTANDING OF THE ARTISTIC AND CREATIVE PROCESS. THE ACADEMIC COURSEWORK FOR THIS COMPONENT OF THE PERFORMER'S TRAINING FURTHER SUPPORTS THE ARTIST'S PROFESSIONAL CAREER PATH WITH A WIDER DIVERSIFICATION OF EDUCATIONAL AND CRITICAL STUDIES. THE INTEGRATION OF THESE UNIQUELY DESIGNED CRITICAL STUDIES COURSES FOR THE PERFORMING ARTIST ALONG WITH THE INTENSIVE ARTISTIC TRAINING IN THE PERFORMING ARTS AND DANCE THEATRE COMBINE TO PROVIDE A COMPREHENSIVE PERFORMANCE EDUCATION PREPARING THE GRADUATE FOR THE CHALLENGES OF THE PROFESSIONAL WORLD. FORM 990, PART VI, SECTION A, LINE 2 DAVID MARTIN, PRESIDENT/DIRECTOR AND JAN MARTIN, CEO/DIRECTOR OF THE CORPORATION, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 AMDA PROCESS FOR REVIEW OF THE ANNUAL FORM 990: 1. EACH YEAR, OUR INDEPENDENT AUDITOR PREPARES A DRAFT OF THE FORM 990, WITH INPUT FROM THE CHIEF FINANCIAL OFFICER. 2. THE DRAFT IS REVIEWED BY THE CFO AND THE EXECUTIVE DIRECTOR. 3. THE DRAFT IS REVIEWED BY ALL MEMBERS OF THE BOARD OF DIRECTORS. 4. ANY NECESSARY CHANGES ARE SENT TO THE INDEPENDENT AUDITOR TO UPDATE THE FORM. 5. ONCE ALL NECESSARY CHANGES ARE MADE AND THE CFO AND EXECUTIVE DIRECTOR ARE IN AGREEMENT WITH THE BOARD OF DIRECTORS ON THE COMPLETED 990, IT WILL BE SIGNED BY THE CFO, DATED AND SUBMITTED BY THE FILING DEADLINE. 6. ALL MEMBERS OF THE BOARD OF DIRECTORS MUST EMAIL THE CFO TO ACKNOWLEDGE THE REVIEW OF THE 990 AND APPROVE THE FILING. A VERBAL APPROVAL IS ACCEPTABLE IF PRESENTED TO THE CFO OR EXECUTIVE DIRECTOR. THE CFO OR EXECUTIVE DIRECTOR MUST RECORD THE VERBAL APPROVAL AS A MEMO TO THE FILE. 7. THE CFO PREPARES A MEMORANDUM FOR THE FILE EACH YEAR DESCRIBING THE ABOVE PROCESS, INCLUDING ALL EMAIL APPROVALS AND MEMOS OF ANY VERBAL APPROVALS. THE CFO AND EXECUTIVE DIRECTOR MUST ALL INCLUDE A MEMO TO THE FILE NOTING THEY HAVE APPROVED THE 990 TO BE FILED. FORM 990, PART VI, SECTION B, LINE 12C INDIVIDUALS COVERED BY THE AMDA CONFLICT OF INTEREST POLICY ARE ASKED TO ANNUALLY DISCLOSE TO THE CHAIR OF THE BOARD OF DIRECTORS VIA THE AMDA CONFLICT OF INTEREST POLICY FORM THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THIS DISCLOSURE COULD INCLUDE A LIST OF FAMILY MEMBERS, BUSINESS OR INVESTMENT HOLDINGS, AND OTHER TRANSACTIONS OR AFFILIATIONS WITH BUSINESSES AND OTHER ORGANIZATIONS OR THOSE OF FAMILY MEMBERS, IN WHICH AN INDIVIDUAL OR THEIR FAMILY MAY BENEFIT FINANCIALLY. INDIVIDUALS COVERED BY THE AMDA CONFLICT OF INTEREST POLICY ARE THE BOARD OF DIRECTORS, EXECUTIVE DIRECTORS, AND CHIEF FINANCIAL OFFICER. FOR EACH CONFLICT OF INTEREST DISCLOSED TO THE CHAIR OF THE BOARD OF DIRECTORS, THE CHAIRMAN WILL: 1. DECIDE NO ACTION IS NECESSARY. 2. ASSURE FULL DISCLOSURE TO THE REST OF THE BOARD OF DIRECTORS AND OFFICERS AND ALL COVERED UNDER THE POLICY. 3. ASK THE PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS. 4. ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION. 5. REMOVE THE PERSON FROM HIS OR HER POSITION. THE EXECUTIVE DIRECTORS, AND CHIEF FINANCIAL OFFICER WILL MONITOR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE CHAIR OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH THE POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD OF DIRECTORS APPROVES ALL COMPENSATION FOR THE EXECUTIVE DIRECTOR, PRESIDENT AND CHIEF FINANCIAL OFFICER. THE COMPENSATION FOR EACH IS REVIEWED AND APPROVED USING COMPARABLE DATA TO SIMILAR POSITIONS AT SIMILAR SIZED ORGANIZATIONS. PERIODICALLY, A COMPENSATION CONSULTANT IS HIRED BY THE BOARD TO PREPARE A COMPENSATION ANALYSIS. AS PART OF THE ANALYSIS, THE CONSULTANT REVIEWS FORM 990'S FROM OTHER SIMILAR TYPES OF ORGANIZATIONS. A COPY OF THE COMPENSATION ANALYSIS IS DISTRIBUTED TO THE ENTIRE BOARD. ALL DECISIONS ARE DOCUMENTED AND HELD BY THE BOARD CHAIR. THIS PROCESS WAS LAST UNDERTAKEN IN FISCAL 2015. FORM 990, PART VI, SECTION C, LINE 19 AMDA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST BY CALLING THE ORGANIZATION DIRECTLY OR BY WRITTEN REQUEST. ALL REQUESTS FOR INFORMATION ARE PROVIDED EITHER ELECTRONICALLY OR IN HARDCOPY FORM. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -416,795. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. FORM 990, BOX C AMDA, INC. ALSO CONDUCTS BUSINESS USING THE FOLLOWING DBAS: (1) THE AMERICAN MUSICAL AND DRAMATIC ACADEMY (2) AMDA COLLEGE AND CONSERVATORY OF THE PERFORMING ARTS MANHATTAN STRATFORD ARMS INC (STRATFORD) 211 WEST 61ST STREET 3RD FLOOR NEW YORK NY 10023 133866204 EXEMPT TITLE HOLDING COMPANY NY 501(C)(2) AMERICAN MUSICAL & DRAMATIC ACADEMY (AMDA) 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 MANHATTAN STRATFORD ARMS INC R 1950000 COST MANHATTAN STRATFORD ARMS INC S 673528 COST MANHATTAN STRATFORD ARMS INC E 2992651 COST MANHATTAN STRATFORD ARMS INC O 1143216 COST