2015-05-14T14:38:04-05:00 2014-06-30 Meaden & Moore Ltd 1100 SUPERIOR AVENUE SUITE 1100 CLEVELAND OH 44114 990 2013-07-01 346003828 Greater Akron Musical Association Inc % PAUL JARRETT GREA 3305358131 92 NORTH MAIN STREET Suite Akron OH 44308 Paul Jarrett Executive Director 3305358131 2015-05-07 true Alfred S Tobin P00109295 3305358131 2013 2016-03-07 17:11:31Z Paul Jarrett 92 North Main Street Akron OH 44308 1858541 false X www.akronsymphony.org X 1953 OH Enhance the quality of life in our community through education and musical excellence. The Association presents multiple musical organizations and educational programs. 43 43 222 200 0 1081722 1214809 487516 565827 -2133 8 49958 32882 1617063 1813526 7950 8226 0 0 819116 943422 0 0 110214 777075 764769 1604141 1716417 12922 97109 234540 165752 479721 313824 -245181 -148072 ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY THROUGH EDUCATION AND MUSICAL EXCELLENCE. IN ACCORDANCE WITH OUR MISSION, THE ASSOCIATION PRESENTS THE AKRON SYMPHONY ORCHESTRA, AKRON SYMPHONY CHORUS, AKRON YOUTH SYMPHONY, GOSPEL MEETS SYMPHONY, CONCERT FOR KIDS, AND OTHER EDUCATIONAL PROGRAMS. false false 1355850 8226 565827 Sponsorship of Akron Symphony Orchestra, Akron Youth Symphony and Akron Symphony Chorus. 1355850 true true false false false false false false true true false false false false true false true false false false false false false true false false false true false false false false false false false false false true false false false false true true true false false true 36 0 true 222 true false false false false false true true false false false false X 43 43 true false false false false false false true true false false true true true true false true true true false OH X PAUL JARRETT 3305358131 92 NORTH MAIN STREET AKRON OH 44308 Renee Pipitone Immediate Past President 5.0 X X Mark S Auburn PhD President 5.0 X X David Supelak VP Finance 1.0 X X Dr Linda McDonald VP of Development 1.0 X X Allan Henderson Trustee 1.0 X Sally Childs PhD VP Education 1.0 X X Thomas J Clark Nom. Chair 1.0 X X Jeana Singleton Executive VP 1.0 X X Michael J Pasternak Treasurer 1.0 X X Dr Todd Beyer Trustee 1.0 X Amy Bowers Trustee 1.0 X Susan Burnoski CPA Trustee 1.0 X Richard Dee Trustee 1.0 X Rev Daniel Doty OSL Trustee 1.0 X William D Dowling Trustee 1.0 X Laura Lee Garfinkel Trustee 1.0 X William K Guegold PhD Trustee 1.0 X Dorothy Hansen Trustee 1.0 X Linda Hoffmann Trustee 1.0 X Russell C Holmes Trustee 1.0 X Mary Beth Kluge Trustee 1.0 X Carol Krueger Trustee 1.0 X Stephen D Leuenberger Trustee 1.0 X David Lieberth Trustee 1.0 X Jason Lorenzon Trustee 1.0 X Tucker H Marshall Trustee 1.0 X Melodie Morgan-Minott MD Trustee 1.0 X Terri L Nass Reeder Secretary 1.0 X X Charles J Reitz III Trustee 1.0 X LAWRENCE B BUTLER JR Trustee 1.0 X Michael A Sweeney Trustee 1.0 X James E Zwisler Trustee 1.0 X Ernie Puskas Trustee 1.0 X Donna Zabel Trustee 1.0 X Joseph Zarconi MD Trustee 1.0 X BRUCE FAHEY Trustee 1.0 X Angelina Gingo Trustee 1.0 X John Y Kim Trustee 1.0 X Jessica Korkosz Trustee 1.0 X James F Pearson Trustee 1.0 X Julie Pulk Trustee 1.0 X andre thornton jr trustee 1.0 X DONNA VALENTINE TRUSTEE 1.0 X Paul Jarrett Executive Director 40.0 0.0 X 62000 0 0 62000 0 0 0 false false false 0 28164 260000 37936 888709 37314 1214809 CONTRACT INCOME 711300 183396 183396 OTHER PROGRAM SERVICE REVENUE 711300 36558 36558 TICKET SALE REVENUE 711300 345873 345873 565827 8 8 0 0 0 0 0 0 71299 28164 45015 26284 26284 0 0 MISCELLANEOUS REVENUE 900099 6598 6598 6598 1813526 572425 26292 0 8226 8226 0 0 62000 14136 3348 44516 0 776346 676994 64935 34417 20829 20829 15618 2163 7126 6329 68629 56306 5661 6662 0 0 14400 14400 0 0 0 191486 174596 7745 9145 157573 127830 29743 28632 28632 420 420 0 41166 41166 5354 5354 0 580 580 6969 6969 0 7776 7776 10150 10150 CONCERT PRODUCTION EXPENSE 249797 249797 EDUCATION PROGRAM EXPENSE 24973 24973 DUES & SUBSCRIPTIONS 6277 6277 MISCELLANEOUS EXPENSE 10071 10071 9145 9145 1716417 1355850 250353 110214 118 139 135517 49220 17864 25980 0 0 0 0 0 0 0 0 0 0 7471 24839 186060 120486 73349 65574 0 0 0 0 0 0 0 0 221 0 234540 165752 42017 30292 0 0 198242 156213 0 0 0 0 0 0 239462 127319 0 0 0 0 479721 313824 X -310461 -334176 65280 186104 0 0 -245181 -148072 234540 165752 97109 X false true X true false X 1068870 971000 1017485 1081772 1232345 5371472 0 0 1068870 971000 1017485 1081772 1232345 5371472 681133 4690339 19 125 65 48 8 265 0 0 5371737 3594047 0.87315 0.87964 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5664087 0 898449 260000 36248 6266288 5288728 74667 575519 240000 34827 5664087 5594894 2533 -35653 240000 33046 5288728 4649922 101500 1116768 239620 33676 5594894 4359919 54547 517009 250000 31553 4649922 0.77538 0.22462 false true true 9795 2600 7195 176265 117886 58379 65574 0 0 PART V, LINE 4 THE ENDOWMENT FUND IS HELD BY THE GREATER AKRON MUSICAL ASSOCIATON FOUNDATION, A RELATED ORGANIZATION. THE INTENDED USE OF THE FUND IS DETERMINED BASED ON DONOR RESTRICTIONS TO BENEFIT THE GREATER AKRON MUSICAL ASSOCIATION. THE ENDOWMENT FUND IS DIRECTED BY THE FOUNDATION'S BOARD OF TRUSTEES INVESTMENT COMMITTEE IN CONSULTATION WITH A PROFESSIONAL INVESTMENT ADVISOR. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES WITH THE OBJECTIVE OF PROVIDING A STABLE AND GROWING SOURCE OF INCOME TO SUPPORT THE ASSOCIATION'S PROGRAMS WHILE PRESERVING AND ENHANCING CAPITAL OVER THE LONG-TERM. PART X, LINE 2 ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN CERTAIN TAX POSITIONS THAT MORE-LIKELY-THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY APPLICABLE TAXING AUTHORITIES. THE ORGANIZATION WOULD RECOGNIZE INTEREST AND PENALTIES ACCRUED, IF ANY, RELATED TO UNRECOGNIZED TAX UNCERTAINTIES IN INCOME TAX EXPENSE. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN AND HAS CONCLUDED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION FILES TAX RETURNS IN THE UNITED STATES AND IS SUBJECT TO TAX EXAMINATIONS FOR ITS U.S. FEDERAL INCOME TAXES FOR THE PRECEDING THREE FISCAL YEARS AND, IN GENERAL, IS SUBJECT TO STATE TAX EXAMINATIONS FOR THE PRECEDING THREE TO FOUR YEARS. Fanfare 69968 14320 55648 20154 Lakes Tour 19500 12342 7158 4291 3019 1 12001 1502 10499 225 2259 3189 101469 28164 73305 225 6550 26362 33137 40168 true SCHOLARSHIPS AWARDED 10 3300 FMV LESSON SUBSIDIES 15 4926 FMV PART I, LINE 2 THOSE STUDENTS AWARDED LESSON SUBSIDIES MUST OBTAIN VERIFICATION FROM THE TEACHER. THE TEACHER IS THEN GIVEN THE AWARD DIRECTLY BY THE ASSOCIATION. SCHOLARSHIPS AWARDED ARE GIVEN DIRECTLY TO THE RECIPIENT OR TO THE SCHOOL TO BE USED AS DIRECTED BY THE ASSOCIATION. X ADVERTISING 30 37314 COST 0 false false false EXPLANATION OF FAMILY/BUSINESS RELATIONSHIP FORM 990, PART VI, LINE 2 Trustee, Richard Dee, is married to Renee Dee, who is a paid musician for the Organization. PROCESS USED TO REVIEW THE FORM 990 FORM 990, PART VI, LINE 11b The Form 990 is reviewed in detail by the organization's Finance Committee prior to filing. A final copy of the federal form 990, as ultimately filed with the IRS, is provided to each voting member of the Organization's governing body. DETERMINING COMPENSATION OF CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT OFFICIAL FORM 990, PART VI, LINE 15a and b When a vacancy occurs, the GAMA president will appoint a search committee consisting of board, community, and staff members who can best represent those GAMA constituencies able to define the position and formally review applicants. Once the search committee has affirmed the designate in question, key members of the executive board meet to review the league of American Orchestra's comparative salary information and fringes, the candidate's salary requirements, current GAMA budget requirements, the prospective components of a contract, the extent to which it will be extended, and the range to which the negotiator is allowed to negotiate in good faith. If an agreement is reached, the agreement is placed before the executive board for approval or rejection. A similar procedure is undertaken annually for evaluating compensation for officers and key employees employed on an ongoing basis. CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C Trustees are asked to sign a conflict of interest form annually. There is no formal monitoring process in place. Conflicts if any, would be addressed by the Executive Director and Board President. AVAILABILITY OF DOCUMENTS FOR PUBLIC INSPECTION FORM 990, PART VI, LINE 19 The organization makes available for public inspection, upon request, all documents as required by federal, state and local law, including but not limited to the IRS Form 990, annual report, audited financial statements and minutes of the executive board. FORM 990 PART IX LINE 11G DESCRIPTION:PROFESSIONAL & CONTRACT TOTAL FEES:191486 GREATER AKRON MUSICAL ASSN FOUNDATION 92 North Main Street AKRON OH 44308 341635435 ENDOWMENT FD OH 501(c)(3) 11 yes false false false true false false false false false false false false true false true true false false false false GREATER AKRON MUSICAL FOUNDATION C 260000 FMV