2015-05-01T09:48:13-05:00 2014-06-30 990 2013-07-01 340714600 CLEVELAND INSTITUTE OF MUSIC CLEV 2167915000 11021 EAST BLVD CLEVELAND OH 44106 MRERIC BOWER VICE PRESIDENT/COO 2167915000 2015-04-24 2015-05-01 2013 2016-02-25 16:41:14Z MR ERIC BOWER 11021 EAST BLVD CLEVELAND OH 44106 62972398 false X WWW.CIM.EDU X 1920 OH THE MISSION OF THE CLEVELAND INSTITUTE OF MUSIC IS TO CULTIVATE NEW GENERATIONS OF YOUNG MUSICIANS THROUGH AN IMMERSIVE AND CREATIVE EDUCATIONAL PROCESS, GUIDING THE MOST MUSICALLY TALENTED INDIVIDUALS AS RAPIDLY AS POSSIBLE TOWARDS FULFILLING CAREERS THAT ENGAGE DIVERSE AND GLOBAL AUDIENCES, STIMULATING THE UNDERSTANDING AND LOVE OF MUSIC THROUGHOUT THE WORLD. 46 46 634 249 60765 3334116 3432123 22019408 22975949 2520800 3873935 -10417 129212 27863907 30411219 9644065 10583917 0 11681414 12132266 0 1230780 6552195 6707599 27877674 29423782 -13767 987437 87230262 91429153 20192086 19287973 67038176 72141180 X THE MISSION OF THE CLEVELAND INSTITUTE OF MUSIC IS TO CULTIVATE NEW GENERATIONS OF YOUNG MUSICIANS THROUGH AN IMMERSIVE AND CREATIVE EDUCATIONAL PROCESS, GUIDING THE MOST MUSICALLY TALENTED INDIVIDUALS AS RAPIDLY AS POSSIBLE TOWARDS FULFILLING CAREERS THAT ENGAGE DIVERSE AND GLOBAL AUDIENCES, STIMULATING THE UNDERSTANDING AND LOVE OF MUSIC THROUGHOUT THE WORLD. false false 22373712 10583917 22975949 FOUNDED IN 1920, THE CLEVELAND INSTITUTE OF MUSIC (CIM) IS ONE OF EIGHT INDEPENDENT MUSIC CONSERVATORIES IN THE COUNTRY AND IS KNOWN FOR SUPERIOR ORCHESTRAL, CHAMBER MUSIC, COMPOSITION AND OPERA MUSIC PROGRAMS AT BOTH THE UNDERGRADUATE AND GRADUATE LEVELS. OUR WORLD-RENOWNED FACULTY, WHICH INCLUDES ALL OF THE PRINCIPALS OF THE CLEVELAND ORCHESTRA, ARE PRACTICING MUSICIANS WHO PERFORM INTERNATIONALLY. CONSERVATORY ALUMNI PLAY IMPORTANT MUSICAL ROLES AS COMPOSERS, EMINENT INSTRUMENTAL AND VOCAL SOLOISTS, WORLD-RENOWNED CHAMBER MUSICIANS AND AS MEMBERS OF PREMIER ORCHESTRAS AROUND THE GLOBE. CIM'S PREPARATORY AND CONTINUING EDUCATION DIVISION SERVES MORE THAN 1,300 STUDENTS OF ALL AGES. ANNUALLY, CIM PRESENTS MORE THAN 400 MUSIC EVENTS FOR THE NE OHIO COMMUNITY, MANY ARE FREE OF CHARGE. 22373712 true true false false false false false true false true true true false false true false true false true false false false false false false false false false true true true false false false false false false false false true true true false false false false false false false false true 815 0 true 634 true true true false false false false true true false false false false X 46 46 false false false false true true false true true false false true true true true true true true true false OH X X MR ERIC BOWER 2167915000 11021 EAST BLVD CLEVELAND OH 44106 ADDICOTT GAY CULL TRUSTEE 1.00 X 0 0 0 ANDERSON A CHASE TRUSTEE 1.00 X 0 0 0 BALDASSARRE CARL E TRUSTEE 1.00 X 0 0 0 BASSETT CYNTHIA TRUSTEE 1.00 X 0 0 0 BITTENBENDER CHARLES A TRUSTEE 1.00 X 0 0 0 BOURNE JUDITH D TRUSTEE 1.00 X 0 0 0 BRODHEAD PETER J TRUSTEE 1.00 X 0 0 0 BUCKLEY BRENT M TRUSTEE & VI 1.00 X X 0 0 0 BUESCHER ANN TRUSTEE 1.00 X 0 0 0 COFFEY THOMAS W TRUSTEE 1.00 X 0 0 0 CURRY JANET TRUSTEE 1.00 X 0 0 0 DAVIS JEFFREY M TRUSTEE 1.00 X 0 0 0 DECONINGH MATHEW F TRUSTEE 1.00 X 0 0 0 DEIOMA ROSEMARY TRUSTEE 1.00 X 0 0 0 DONLEY TERRANCE K TRUSTEE 1.00 X 0 0 0 GRATRY BARBARA TRUSTEE & SE 1.00 X X 0 0 0 HARVIE CRAWFORD T TRUSTEE 1.00 X 0 0 0 HAYES ELEANOR M TRUSTEE 1.00 X 0 0 0 HELLMAN JOHN A TRUSTEE 1.00 X 0 0 0 HIPPLE RICHARD J TRUSTEE 1.00 X 0 0 0 JENKS CARL M TRUSTEE 1.00 X 0 0 0 LINTON JEFFREY B TRUSTEE 1.00 X 0 0 0 MALZ JAMES M TRUSTEE 1.00 X 0 0 0 MARSTON CHARLES S TRUSTEE & VI 1.00 X X 0 0 0 MCAFEE ALEXANDER TRUSTEE 1.00 X 0 0 0 MIMS A GRACE L TRUSTEE 1.00 X 0 0 0 MIXON III A MALACHI TRUSTEE & CH 1.00 X X 0 0 0 MOBLEY MARILYN S TRUSTEE 1.00 X 0 0 0 MOYAR MARJORIE M TRUSTEE 1.00 X 0 0 0 POGUE RICHARD W TRUSTEE 1.00 X 0 0 0 RILEY SHAWN M TRUSTEE 1.00 X 0 0 0 ROBINSON BARBARA S TRUSTEE 1.00 X 0 0 0 ROTHMANN SUSAN A TRUSTEE 1.00 X 0 0 0 SCHLANG ELLIOTT L TRUSTEE 1.00 X 0 0 0 SCIARAPPA DONNA M TRUSTEE & TR 1.00 X X 0 0 0 SELVAGGI HOLLY TRUSTEE 1.00 X 0 0 0 SIMON DAVID L TRUSTEE 1.00 X 0 0 0 SOLGANIK MARVIN TRUSTEE 1.00 X 0 0 0 STEWART HAROLD O TRUSTEE 1.00 X 0 0 0 SWIFT CHRISTOPHER J TRUSTEE 1.00 X 0 0 0 SYKES PAUL J TRUSTEE 1.00 X 0 0 0 THOMAS JOSEPH H TRUSTEE & VI 1.00 X X 0 0 0 WEINBERGER JOY TRUSTEE 1.00 X 0 0 0 WILSON SONALI TRUSTEE 1.00 X 0 0 0 WONG ROSE TRUSTEE 1.00 X 0 0 0 YOUNG CHARLES T TRUSTEE 1.00 X 0 0 0 SMIRNOFF JOEL PRESIDENT & 40.00 X 416205 0 36086 BOWER ERIC VP/COO & EX- 40.00 X 235402 0 35733 STONE KARIN L VP INST. ADV 40.00 X 203029 0 14354 DALY ADRIAN DEAN OF CONS 40.00 X 128139 0 33159 SANDRA SHAPIRO DEAN OF PREP 40.00 X 94850 0 24820 PREUCIL WILLIAM FACULTY 40.00 X 185990 0 16058 IRVINE JEFFREY FACULTY 40.00 X 139645 0 13149 LAREDO JAIME FACULTY 40.00 X 132051 0 14298 ROBINSONSHARON FACULTY 40.00 X 131770 0 14611 SALAFF PETER FACULTY 40.00 X 120499 0 28644 1787580 230912 14 false true false ERNST YOUNG LLP 925 EUCLID AVENUE CLEVELAND OH 44114 AUDITING 108020 1 845416 2586707 124090 3432123 TUITION & FEES 22975949 22975949 22975949 915254 915254 2500 2500 2500 1511 989 35519860 32561179 2958681 2958681 2958681 PARTNERSHIP INCOME (LOSS) 900099 59254 59254 67458 67457 126712 30411219 23043406 60765 3874924 10583917 10583917 1299833 436988 460945 401900 9114090 7415462 1393627 305001 381199 299661 57990 23548 687114 452923 202016 32175 650030 536985 91083 21962 55841 55841 161110 161110 42933 42933 739769 354572 359824 25373 99240 23014 75906 320 698586 349142 316165 33279 155023 44700 94353 15970 1120209 404788 715421 131394 112655 18700 39 187175 83971 61462 41742 352108 23096 329012 1471698 1471698 162683 34618 128065 CWRU/ELS TUITION 1155517 1155517 BAD DEBTS 21813 17713 4100 152500 67086 84955 459 29423782 22373712 5819290 1230780 1190 1150 2414826 1724357 228133 122941 430436 463755 1952071 1953850 139530 136580 226624 190571 47735452 15645351 33095602 32090101 36613104 43657777 12128746 11088071 87230262 91429153 691469 624901 187108 169332 17510000 16745000 300059 245290 1503450 1503450 20192086 19287973 X 43674614 48018995 592756 599214 22770806 23522971 67038176 72141180 87230262 91429153 X 987437 3592015 523552 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 74978 false 38260293 579359 5491394 149199 44181847 34647813 532972 3235322 155814 38260293 36631636 113994 -1931716 166101 34647813 30598775 637131 5558481 162751 36631636 28266740 209959 2271316 149240 30598775 0.46760 0.53240 true false 1063536 1063536 39829486 11264312 28565174 583769 321576 262193 1780737 1520701 260036 4477924 2538762 1939162 32090101 5406405 F PARTNERSHIPS 5656666 F PARTNERSHIPS 25000 C 11088071 U.S. GOVERNMENT GRANTS REFUNDABLE 1503450 1503450 24174038 3592015 38602 582806 4213423 19960615 10450604 10450604 30411219 19071034 38602 38602 19032432 10391350 10391350 29423782 SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN CHARITABLE PERPETUAL TRUST 582,806 SCHEDULE D, PAGE 4, PART XI, LINE 4B FINANCIAL AID AND DISCOUNT 10,391,350 PARTNERSHIP K-1S INCOME (LOSS) 59,254 SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID AND DISCOUNT 10,391,350 true true false true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE NEWSPAPER OR BROADCAST MEDIA IS NOT USED FOR STUDENT RECRUITMENT. HOWEVER, A STATEMENT OF THE INSTITUTE'S RACIALLY NON DISCRIMINATORY POLICY AS TO STUDENTS IS INCLUDED IN ALL BROCHURES, CATALOGUES AND OTHER WRITTEN COMMUNICATIONS WITH THE PUBLIC,DEALING WITH STUDENT ADMISSIONS, PROGRAMS & SCHOLARSHIPS. THE FOLLOWING IS THE INSTITUTE'S POLICY ON NON-DISCRIMINATION FOR ADMISSION AS REAFFIRMED BY THE BOARD OF TRUSTEES: CLEVELAND INSTITUTE OF MUSIC ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO ALL STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, SCHOLARSHIPS AND LOAN PROGRAMS, AND OTHER SCHOOL ADMINISTERED PROGRAMS. SCHEDULE E, LINE 6 FINANCIAL AID ASSISTANCE IS RECEIVED FROM THE FOLLOWING GOVERNMENTAL AGENCIES: US DEPARTMENT OF EDUCATION: FEDERAL DIRECT STAFFORD LOAN FEDERAL DIRECT PLUS LOAN FEDERAL PERKINS LOAN FEDERAL WORK-STUDY SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PELL GRANT US DEPARTMENT OF VETERAN AFFAIRS: POST 9/11 GI BILL OHIO BOARD OF REGENTS: OHIO COLLEGE OPPORTUNITY GRANT PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY: PA STATE GRANT true FELLOWSHIP AND SERVICES 23 51800 INSTITUTIONAL SCHOLARSHIP 466 10235451 AUDITION ASSISTANCE 950 31925 WORK STUDY 210 221991 SEOG 38 38250 ORGAN INTERN AT CHURCHES 3 4500 X true true X X X X false false false false false false false false false SMIRNOFF JOEL PRESIDENT & EX-OFFIC 413829 2376 17327 18759 452291 BOWER ERIC VP/COO & EX-OFFICIO 234437 965 19387 16346 271135 STONE KARIN L VP INST. ADVANCEMENT 202587 442 8400 5954 217383 DALY ADRIAN DEAN OF CONSERVATORY 128006 133 9761 23398 161298 PREUCIL WILLIAM FACULTY 185371 619 13765 2293 202048 IRVINE JEFFREY FACULTY 138948 697 11073 2076 152794 SCHEDULE J, PAGE 1, PART I, LINE 1A THE VP/CHIEF OPERATING OFFICER, ERIC BOWER, WAS ACCOMPANIED BY HIS WIFE ON 1 DOMESTIC BUSINESS TRIP. BENEFITS RECEIVED INCLUDED COACH AIRFARE AND WERE NOT TREATED AS TAXABLE COMPENSATION TO MR. BOWER BECAUSE HIS WIFE ASSISTED IN ACHIEVING THE BUSINESS PURPOSE OF THE TRIP. A OHIO HIGHER EDUCATIONAL FACILITY CO THE CLEVELAND INSTITUTE OF MUSIC 340714600 67756BPD6 2010-12-29 19320000 REFINANCE '05 BONDS FOR CONSTRUCTION PROJECT false false false A 2575000 19320000 19320000 2007 true false true true A false false false false 0.00010 0.00010 false false true A true true false false false true JOAN KWUON SPOUSE OF PRES. 84422 TEACHING false X MUSICAL INSTMTS 8 118837 APPRAISAL X LIBRARY MATR'L 196 5253 AVE 3 YR PRICE/NEW ITEMS 4 false true false FORM 990 - ORGANIZATION'S MISSION THE MISSION OF THE CLEVELAND INSTITUTE OF MUSIC IS TO CULTIVATE NEW GENERATIONS OF YOUNG MUSICIANS THROUGH AN IMMERSIVE AND CREATIVE EDUCATIONAL PROCESS, GUIDING THE MOST MUSICALLY TALENTED INDIVIDUALS AS RAPIDLY AS POSSIBLE TOWARDS FULFILLING CAREERS THAT ENGAGE DIVERSE AND GLOBAL AUDIENCES, STIMULATING THE UNDERSTANDING AND LOVE OF MUSIC THROUGHOUT THE WORLD. FORM 990, PAGE 6, PART VI, LINE 6 CLASSES OF MEMBERS OR STOCKHOLDERS MEMBERSHIP IS OPEN TO ALL PERSONS OR CORPORATIONS WHO ARE INTERESTED IN THE CLEVELAND INSTITUTE OF MUSIC AND THE FURTHERANCE OF MUSIC AND MUSICAL EDUCATION AND WHO CONTRIBUTE AT LEAST 500 ANNUALLY TO THE INSTITUTE'S ANNUAL FUND. THE MEMBERS ELECT THE TRUSTEES OF THE INSTITUTE AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERSHIP IS OPEN TO ALL PERSONS OR CORPORATIONS WHO ARE INTERESTED IN THE CLEVELAND INSTITUTE OF MUSIC AND THE FURTHERANCE OF MUSIC AND MUSICAL EDUCATION AND WHO CONTRIBUTE AT LEAST 500 ANNUALLY TO THE INSTITUTE'S ANNUAL FUND. THE MEMBERS ELECT THE TRUSTEES OF THE INSTITUTE AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 11B ONCE THE 990 IS PREPARED, IT IS PRESENTED TO A SUB-COMMITTEE COMPRISED OF INDIVIDUALS FROM THE FINANCE, GOVERNANCE, AND AUDIT COMMITTEE OF THE CLEVELAND INSTITUTE OF MUSIC FOR THEIR REVIEW. ANY QUESTIONS OR COMMENTS RAISED ARE THEN ADDRESSED BY THE CHIEF FINANCIAL OFFICER OF THE CLEVELAND INSTITUTE OF MUSIC. THE 990 IS DISCUSSED AT THE MEETING OF THE FULL BOARD, AND DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY, WHICH IS REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS GOVERNANCE COMMITTEE AT LEAST ANNUALLY AND MODIFIED AS REQUIRED. THE BOARD OF DIRECTORS, TRUSTEES, AND OFFICERS OF THE ORGANIZATION ARE REQUIRED TO CERTIFY ANNUALLY THAT THEY HAVE READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY AND SUBMIT A WRITTEN QUESTIONNAIRE EACH YEAR DISCLOSING ANY KNOWN CONFLICTS. THE RESPONSES TO THE QUESTIONNAIRES ARE REVIEWED BY MANAGEMENT. MANAGEMENT ALSO MONITORS ALL TRANSACTIONS DURING THE NORMAL COURSE OF BUSINESS TO IDENTIFY OTHER POTENTIAL CONFLICTS. AT LEAST ANNUALLY AND AS CONFLICTS ARISE, THE BOARD OF DIRECTORS GOVERNANCE COMMITTEE REVIEWS POTENTIAL CONFLICTS TO DETERMINE WHETHER ANY ACTUAL CONFLICTS EXIST. INDIVIDUALS WHO BELIEVE THEY ARE IN A POTENTIAL CONFLICT ARE REQUIRED TO RECUSE THEMSELVES FROM THE DELIBERATION AND DECISION-MAKING PROCESS. FORM 990, PAGE 6, PART VI, LINE 15A THE CLEVELAND INSTITUTE OF MUSIC HAS A COMPENSATION COMMITTEE THAT DETERMINES THE COMPENSATION FOR THE PRESIDENT AND THE VP & CHIEF OPERATING OFFICER. THE COMMITTEE DISCHARGES THE DUTY OF THE BOARD OF TRUSTEES (BOARD) IN FULFILLING THE BOARD'S OVERSIGHT RESPONSIBILITIES FOR DETERMINING THE REASONABLENESS AND ADEQUACY OF THE COMPENSATION AND BENEFITS PAID TO THE PRESIDENT AND VP & CHIEF OPERATING OFFICER. THE COMMITTEE CONDUCTS AN ANNUAL REVIEW OF COMPENSATION AND BENEFITS IN RELATION TO THE MARKETPLACE AND RELEVANT INDEPENDENT DATA. THE COMMITTEE DECIDES ON ANY CHANGES IN THE COMPENSATION AND/OR BENEFITS FOR THE PRESIDENT AND THE VP & CHIEF OPERATING OFFICER. ONCE APPROVED BY THE COMMITTEE THE CHAIRMAN OF THE BOARD OF TRUSTEES SIGNS A LETTER APPROVING THE COMPENSATION FOR THE YEAR. FORM 990, PAGE 6, PART VI, LINE 15B SEE THE FOOTNOTE FOR 990 PART VI LINE 15A. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. THE AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE INSTITUTE'S WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN CHARITABLE PERPETUAL TRUST 582,806 FINANCIAL AID AND DISCOUNT -10,391,350 PARTNERSHIP K-1S INCOME (LOSS) -59,254 FINANCIAL AID AND DISCOUNT 10,391,350 FORM 990, PART XI, LINE 9 CHANGE IN CHARITABLE PERPETUAL TRUST 582,806 PARTNERSHIP K-1S INCOME (LOSS) 59,254 -------- 523,552