2014-05-14T13:47:37-05:00 2013-06-30 990 2012-07-01 340714600 CLEVELAND INSTITUTE OF MUSIC CLEV 2167915000 11021 EAST BLVD CLEVELAND OH 44106 MRERIC BOWER 2167915000 2014-05-14 false 2014-05-14 2012 2015-11-30 17:44:51Z MR ERIC BOWER 11021 EAST BLVD CLEVELAND OH 44106 38852748 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. 49 49 648 249 -62942 -86562 3353075 3334116 21024555 22019408 1683879 2520800 166544 -10417 26228053 27863907 8988790 9644065 0 10916592 11681414 51500 0 1427031 6498881 6552195 26455763 27877674 -227710 -13767 85979127 87230262 21559598 20192086 64419529 67038176 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 20441417 9644065 21995788 FOUNDED IN 1920, CLEVELAND INSTITUTE OF MUSIC PROVIDES WORLD CLASS EDUCATION TO TALENTED STUDENTS. SINCE ITS INCEPTION, OVER 3000 STUDENTS HAVE GRADUATED IN DEGREE PROGRAMS OFFERED THROUGH THE DOCTORAL LEVEL WITH OVER 94% RECEIVING SCHOLARSHIP AND/OR FINANCIAL AID. THROUGH THE PREPARATORY DIVISION, OVER 1300 STUDENTS RECEIVE MUSIC EDUCATION EACH YEAR. THROUGH A JOINT MUSIC PROGRAM WITH CASE WESTERN RESERVE UNIVERSITY, STUDENTS TAKE ADVANTAGE OF AN EXCELLENT LIBERAL ARTS EDUCATION. THIRTY-EIGHT MEMBERS OF THE CLEVELAND ORCHESTRA SERVE AS FACULTY MEMBERS. 20441417 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 698 0 true 648 true true true false false false false true true false false false false X 49 49 false false false false true true false true true false false false true true true true true true true false OH X X MR ERIC BOWER 2167915000 11021 EAST BLVD CLEVELAND OH 44106 ANDERSON A CHACE 1.00 X 0 0 0 BALDASSARRE CARL E 1.00 X 0 0 0 BITTENBENDER CHARLES A 1.00 X 0 0 0 DONLEY TERRANCE K 1.00 X 0 0 0 BOURNE JUDY D 1.00 X 0 0 0 BRODHEAD PETER J 1.00 X 0 0 0 BUCKLEY BRENT M 1.00 X X 0 0 0 COFFEY THOMAS W ESQUIRE 1.00 X 0 0 0 BASSETT CYNTHIA 1.00 X 0 0 0 DAVIS JEFFREY 1.00 X 0 0 0 DE CONINGH MATHEW F 1.00 X 0 0 0 ADDICOTT GAY C 1.00 X 0 0 0 DEIOMA ROSEMARY 1.00 X 0 0 0 DRAKOS MARGO T 1.00 X 0 0 0 GORMAN CHRISTOPHER M 1.00 X 0 0 0 GOTSCHALL JEFFREY P 1.00 X 0 0 0 GRATRY BARBARA 1.00 X X 0 0 0 HARVIE CRAWFORD T 1.00 X 0 0 0 HAYES ELEANOR M 1.00 X 0 0 0 HELLMAN JOHN A 1.00 X 0 0 0 JENKS CARL M 1.00 X 0 0 0 MALZ JAMES M 1.00 X 0 0 0 MANUEL RICHARD A 1.00 X 0 0 0 MARSTON CHARLES S 1.00 X X 0 0 0 MCAFEE ALEXANDER 1.00 X 0 0 0 HIPPLE RICHARD J 1.00 X 0 0 0 MIMS A GRACE L 1.00 X 0 0 0 MIXON III A MALACHI 1.00 X X 0 0 0 MOBLEY MARILYN S 1.00 X 0 0 0 POGUE RICHARD W 1.00 X 0 0 0 RILEY SHAWN M 1.00 X 0 0 0 ROBINSON BARBARA S 1.00 X 0 0 0 ROTHMANN SUSAN A 1.00 X 0 0 0 SCHLANG ELLIOT L 1.00 X 0 0 0 SCIARAPPA DONNA M 1.00 X X 0 0 0 SELVAGGI HOLLY 1.00 X 0 0 0 SIMON DAVID L 1.00 X 0 0 0 SOLGANIK MARVIN 1.00 X 0 0 0 STEWART HAROLD O 1.00 X 0 0 0 SWIFT CHRISTOPHER J 1.00 X 0 0 0 SYKES PAUL J 1.00 X 0 0 0 THOMAS JOSEPH H 1.00 X X 0 0 0 WEINBERGER JOY 1.00 X 0 0 0 WILSON SONALI B 1.00 X 0 0 0 WONG ROSE 1.00 X 0 0 0 CURRY JANET S 1.00 X 0 0 0 VILLARREAL OSCAR 1.00 X 0 0 0 YOUNG CHARLES T 1.00 X 0 0 0 BUESCHER ANN 1.00 X 0 0 0 SMIRNOFF JOEL 40.00 X 359269 0 33105 BOWER ERIC 40.00 X 225935 0 31742 DALY ADRIAN 40.00 X 111148 0 30121 STONE KARIN L 40.00 X 108096 0 1264 SANDRA SHAPIRO 40.00 X 95647 0 22228 PREUCIL WILLIAM 40.00 X 166929 0 15676 IRVINE JEFFREY 40.00 X 147777 0 12932 KANTOR PAUL 40.00 X 121185 0 14059 SALAFF PETER 40.00 X 116902 0 27176 UPDEGRAFF DAVID 40.00 X 114089 0 15074 1566977 203377 12 false true false ERNST YOUNG LLP 925 EUCLID AVENUE CLEVELAND OH 44114 AUDITING 136950 1 872124 2461992 59693 3334116 TUITION & FEES 21995788 21995788 ADVERTISING 541800 23620 23620 22019408 891471 891471 1160 1160 1160 703 457 12618170 10988841 1629329 1629329 1629329 PARTNERSHIP INCOME (LOSS) 900099 -87265 -87265 75688 75688 -11577 27863907 22071476 -62942 2521257 9644065 9644065 1238116 408673 410390 419053 8636062 6853785 1481443 300834 415171 295869 88354 30948 691612 430864 224004 36744 700453 516357 144468 39628 23119 23119 151039 151039 49844 49844 541898 269034 256588 16276 125854 9568 116266 20 591724 257205 305679 28840 152452 20827 115383 16242 1050715 385452 665263 122603 77760 44606 237 361116 68919 108107 184090 349737 349737 1562107 1562107 153893 34216 119677 CWRU/ELS TUITION 1153145 1153145 BAD DEBTS 15678 15678 147271 63329 79560 4382 27877674 20504746 5945897 1427031 1190 1190 3561639 2414826 341121 228133 462127 430436 1969648 1952071 141514 139530 280968 226624 48408772 15313170 34360460 33095602 32728571 36613104 12131889 12128746 85979127 87230262 1254229 691469 194487 187108 18255000 17510000 352432 300059 1503450 1503450 21559598 20192086 X 37469808 43674614 5073052 592756 21876669 22770806 64419529 67038176 85979127 87230262 X -13767 2149318 483096 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 74978 false 34647813 532972 2923694 -155814 38260293 36631636 113994 -1931716 166101 34647813 30598775 637131 5558481 162751 36631636 28266740 209959 2271316 149240 30598775 0.40000 0.60000 true false 1063536 1063536 39865528 10150548 29714980 540000 265500 274500 2256541 2136460 120081 4683167 2760662 1922505 33095602 6761634 PARTNERSHIPS 5342112 F PARTNERSHIPS 25000 C 12128746 U.S. GOVERNMENT GRANTS REFUNDABLE 1503450 1503450 21008358 2149318 395831 2545149 18463209 9400698 9400698 27863907 18389711 18389711 9487963 9487963 27877674 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN CHARITABLE PERPETUAL TRUST 395,831 REVENUE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 4B FINANCIAL AID AND DISCOUNT 9,487,963 PARTNERSHIP K-1S INCOME (LOSS) -87,265 EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID AND DISCOUNT 9,487,963 true true false true true true true false false false false false false false false true false true PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION SCHEDULE E LINE 3 THE NEWSPAPER OR BROADCAST MEDIA IS NOT USED FOR STUDENT RECRUITMENT HOWEVER A STATEMENT OF THE INSTITUTES RACIALLY NON DISCRIMINATORY POLICY AS TO STUDENTS IS INCLUDED IN ALL BROCHURES CATALOGUES AND OTHER WRITTEN COMMUNICATIONS WITH THE PUBLICDEALING WITH STUDENT ADMISSIONS PROGRAMS SCHOLARSHIPS THE FOLLOWING IS THE INSTITUTES 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 FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION SCHEDULE E LINE 6 FINANCIAL AID ASSISTANCE IS RECEIVED FROM THE FOLLOWING GOVERNMENTAL AGENCIES US DEPARMENT OF EDUCATION FEDERAL DIRECT STAFFORD LOAN FEDERAL DIRECT PLUS LOAN FEDERAL PERKINS LOAN FEDERAL WORKSTUDY SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PELL GRANT OHIO BOARD OF REGENTS OHIO COLLEGE OPPORTUNITY GRANT PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY PA STATE GRANT true FELLOWSHIP AND SERVICES 31 64550 INSTITUTIONAL SCHOLARSHIP 458 9287915 AUDITION ASSISTANCE 1100 28708 WORK STUDY 198 217767 SEOG 39 40625 ORGAN INTERN AT CHURCHES 3 4500 X true true X X X X false false false false false false false false false SMIRNOFF JOEL 357170 2099 17040 16065 392374 BOWER ERIC 225032 903 18480 13262 257677 PREUCIL WILLIAM 166611 318 13397 2279 182605 IRVINE JEFFREY 147344 433 10873 2059 160709 FRINGE OR EXPENSE EXPLANATION SCHEDULE J, PAGE 1, PART I, LINE 1A THE VP/CHIEF OPERATING OFFICER, ERIC BOWER, WAS ACCOMPANIED BY HIS WIFE ON 2 DOMESTIC BUSINESS TRIPS. 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 TRIPS. 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 1810000 19320000 19320000 2007 true false true true A false false false false 0.00010 0.00010 false false false true A true true false false false true A false JOAN KWUON SPOUSE OF PRES. 78289 TEACHING false X GRAND PIANO 1 17750 APPRAISAL X LIBRARY MATR'L 1287 41943 AVE 3YR PRICE/NEW ITEMS 1 false true false ORGANIZATION'S MISSION 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. CLASSES OF MEMBERS OR STOCKHOLDERS 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. ELECTION OF MEMBERS AND THEIR RIGHTS 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. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 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 CLEVELAND INSTITUTE OF MUSIC. THE 990 IS DISCUSSED AT THE MEETING OF THE FULL BOARD, AND THEN FILED. ENFORCEMENT OF CONFLICTS POLICY 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. COMPENSATION PROCESS FOR TOP OFFICIAL 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. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B SEE THE FOOTNOTE FOR 990 PART VI LINE 15A. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION 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. RECONCILIATION OF CHANGES - OTHER FORM 990, PART XI, LINE 9 CHANGE IN CHARITABLE PERPETUAL TRUST 395,831 FINANCIAL AID AND DISCOUNT -9,487,963 PARTNERSHIP K-1S INCOME (LOSS) 87,265 FINANCIAL AID AND DISCOUNT 9,487,963 OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 9 CHANGE IN CHARITABLE PERPETUAL TRUST 395,831 PARTNERSHIP K-1S INCOME (LOSS) ( 87,265) ------------ TOTAL ADJUSTMENTS (NET) 483,096