MUSIC ASSOCIATES OF ASPEN INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MUSIC ASSOCIATES OF ASPEN INC (EIN 84-0445087)
- Tax period
- 2012-10-01 to 2013-09-30
- Filed
- 2014-05-09
- IRS object ID
- 201441299349301319
- Schema version
- 2012v2.0
- 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 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) |
|---|---|---|
| Timestamp | 2014-05-09T08:06:33-07:00 | Timestamp |
| Tax Period End Date | 2013-09-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840445087 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Music Associates of Aspen Inc | BusinessNameLine1 |
| Business Name Line2 | dba Aspen Music Festival & School | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MUSI | NameControl |
| Phone | 9709253254 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 Music School Road | AddressLine1 |
| City | Aspen | City |
| State | CO | State |
| ZIP Code | 81611 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Alan Fletcher | Name |
| Title | President & CEO | Title |
| Date Signed | 2014-05-09 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Robert Hurst | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 Music School Road | AddressLine1 |
| City | Aspen | City |
| State | CO | State |
| ZIP Code | 81611 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 36040501 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.aspenmusicfestival.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1954 | YearFormation |
| State Legal Domicile | CO | StateLegalDomicile |
| Activity Or Mission Description | The Aspen Music Festival & School brings together the finest music students, artist faculty and performers to create transformative educational experiences within a community of artistic integrity and innovation. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 50 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 39 | NbrIndependentVotingMembers |
| Total Nbr Employees | 144 | TotalNbrEmployees |
| Total Nbr Volunteers | 200 | TotalNbrVolunteers |
| Total Gross UBI | 253322 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -34805 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 23273606 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 12646555 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5878803 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 6236194 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -1012830 | InvestmentIncomePriorYear |
| Investment Income Current Year | 5886873 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 7339226 | OtherRevenuePriorYear |
| Other Revenue Current Year | 424518 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 35478805 | TotalRevenuePriorYear |
| Total Revenue Current Year | 25194140 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2009988 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 2177091 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6733966 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7049926 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1023664 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6139061 | OtherExpensePriorYear |
| Other Expenses Current Year | 6619427 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 14883015 | TotalExpensesPriorYear |
| Total Expenses Current Year | 15846444 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 20595790 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 9347696 | RevenuesLessExpensesCY |
| Total Assets BOY | 89133299 | TotalAssetsBOY |
| Total Assets EOY | 102866440 | TotalAssetsEOY |
| Total Liabilities BOY | 2358750 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 6744195 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 86774549 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 96122245 | NetAssetsOrFundBalancesEOY |
| Mission Description | The Aspen Music Festival & School brings together the finest music students, artist faculty and performers to create transformative educational experiences within a community of artistic integrity and innovation. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 13072811 | Expense |
| Grants | 2177091 | Grants |
| Revenue | 5863719 | Revenue |
| Description | Music education for 629 students during an eight-week session, including orchestral and chamber performances, before public audiences of approximately 75,000 patrons. | Description |
| Total Program Service Expense | 13072811 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | true | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 339 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 144 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 50 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 39 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Jennifer B Elliot | NamePerson |
| Telephone Number | 9709253254 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 Music School Road | AddressLine1 |
| City | Aspen | City |
| State | CO | State |
| ZIP Code | 81611 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (62 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| Alan Fletcher | |||||||||
| President & CEO | 40.00 | 0.00 | X | X | 421282 | 0 | 22080 | ||
| Carrie Wells | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Joaquin Valdepenas | |||||||||
| Trustee-Faculty | 5.00 | 0.00 | X | 27687 | 0 | 0 | |||
| Alison Teal | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Gillian Steel | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Jane Sherman | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Caryn Scheidt | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Arlene Salomon | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| John Rojak | |||||||||
| Trustee-Faculty | 5.00 | 0.00 | X | 24331 | 0 | 0 | |||
| Dana Powell | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Aaron Podhurst | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Virginia Pearce | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Fonda Patterson | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Patricia Papper | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Anton Nel | |||||||||
| Trustee-Faculty | 5.00 | 0.00 | X | 11155 | 0 | 0 | |||
| Stephanie Naidoff | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Michael Murray | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Jerry Murdock | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Alexander Munroe | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Willem Mesdag | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Anthony Mazza | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Ray Mase | |||||||||
| Trustee-Faculty | 5.00 | 0.00 | X | 24531 | 0 | 0 | |||
| Robert Lipsett | |||||||||
| Trustee-Faculty | 5.00 | 0.00 | X | 34723 | 0 | 0 | |||
| Espen Lilleslatten | |||||||||
| Trustee-Faculty | 5.00 | 0.00 | X | 25090 | 0 | 0 | |||
| Jonathan Lee | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Fred Kucker | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Barbara Koval | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Cathy Koplovitz | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Gerald Katcher | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Allison Kanders | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Sydney Hodkinson | |||||||||
| Trustee-Faculty | 5.00 | 0.00 | X | 23235 | 0 | 0 | |||
| Linda Vitti Herbst | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Cornelia Heard | |||||||||
| Trustee-Faculty | 5.00 | 0.00 | X | 30118 | 0 | 0 | |||
| David Halen | |||||||||
| Trustee-Faculty | 5.00 | 0.00 | X | 37198 | 0 | 0 | |||
| Jonathan Haas | |||||||||
| Trustee-Faculty | 5.00 | 0.00 | X | 26362 | 0 | 0 | |||
| Sanford Grossman | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Mary Giese | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Jessica Fullerton | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Anne B Friedman | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Jane Frazer | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Nanette Finger | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Alan Englander | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Stefan Edlis | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Jerry Eberhardt | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| James Dunham | |||||||||
| Trustee-Faculty | 5.00 | 0.00 | X | 16205 | 0 | 0 | |||
| Stephen Drimmer | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Martin Carver | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Kay Bucksbaum | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Sandra K Bishop | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Edward Berkeley | |||||||||
| Trustee-Faculty | 5.00 | 0.00 | X | 29943 | 0 | 0 | |||
| Thomas H Baer | |||||||||
| Trustee | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Nadine Asin | |||||||||
| Trustee-Faculty | 5.00 | 0.00 | X | 21393 | 0 | 0 | |||
| Danner Scheffler | |||||||||
| Secretary-Prior | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Janet O'Connor | |||||||||
| Treasurer-Prior | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Michael Klein | |||||||||
| Vice Chairman | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Robert Hurst | |||||||||
| Chairman | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Gail Engelberg | |||||||||
| Secretary | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Sam Brown | |||||||||
| Treasurer | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| Asadour Santourian | |||||||||
| VP-Artistic Administration | 40.00 | 0.00 | 159845 | 0 | 18986 | X | |||
| Jennifer Elliot | |||||||||
| VP-Finance/Administration | 40.00 | 0.00 | 197592 | 0 | 20840 | X | |||
| Laura Smith | |||||||||
| Dir-Communications | 40.00 | 0.00 | 117134 | 0 | 21532 | X | |||
| Jennifer Johnston | |||||||||
| VP-Dean | 40.00 | 0.00 | 115830 | 0 | 14169 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1343654 | TotalReportableCompFromOrg |
| Total Other Compensation | 97607 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| The Wells Partnership Inc | |||||
| 7200 S Alton Way | Centennial | CO | 80112 | Owner's Agent | 228511 |
| Sodexo Inc | |||||
| 9801 Washingtonian Blvd | Gaithersburg | MD | 20878 | Food Services | 438245 |
| Shaw Construction LLC | |||||
| 760 Horizon Drive | Grand Junction | CO | 81506 | Gen Contractor | 5848356 |
| Opus 3 Artists LLC | |||||
| 470 Park Avenue South | New York | NY | 10016 | Artist Management | 208950 |
| Harry Teague Architects | |||||
| 129 Emma Road | Basalt | CO | 81621 | Architect | 574742 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
| Fundraising Events | 762341 | FundraisingEvents |
| Government Grants | 111807 | GovernmentGrants |
| All Other Contributions | 11772407 | AllOtherContributions |
| Noncash Contributions | 1581027 | NoncashContributions |
| Total Contributions | 12646555 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Ticket Sales | 900099 | 2090952 | 2090952 | ||
| Student Fees | 900099 | 3772767 | 3772767 | ||
| Program Advertising | 511120 | 276673 | 276673 | ||
| Outreach | 900099 | 77074 | 77074 | ||
| Concessions & Tape Sales | 900099 | 18728 | $18,728 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 6236194 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 376863 | TotalRevenueColumn |
| Unrelated Business Revenue | -23351 | UnrelatedBusinessRevenue |
| Exclusion | $400,214 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 161680 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 161680 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 161680 | TotalRevenueColumn |
| Exclusion | $161,680 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 16112943 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 10602933 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5510010 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5510010 | TotalRevenueColumn |
| Exclusion | $5,510,010 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 127725 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 762341 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 215184 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -87459 | TotalRevenueColumn |
| Exclusion | -$87,459 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 28107 | GrossSalesOfInventory |
| Cost Of Goods Sold | 28244 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -137 | TotalRevenueColumn |
| Exclusion | -$137 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| Unrealized Gains | 900099 | 224302 | $224,302 | |
| Split Interest Agreements | 900099 | 131916 | $131,916 | |
| Miscellaneous | 900099 | -5784 | -5784 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 350434 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 25194140 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5935009 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 253322 | UnrelatedBusinessRevenue |
| Exclusion | $6,359,254 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2177091 | Total |
| Program Services | 2177091 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1165580 | Total |
| Program Services | 803691 | ProgramServices |
| Management And General | 210934 | ManagementAndGeneral |
| Fundraising | 150955 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5190990 | Total |
| Program Services | 3876752 | ProgramServices |
| Management And General | 760413 | ManagementAndGeneral |
| Fundraising | 553825 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91582 | Total |
| Program Services | 68393 | ProgramServices |
| Management And General | 13439 | ManagementAndGeneral |
| Fundraising | 9750 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 361293 | Total |
| Program Services | 269812 | ProgramServices |
| Management And General | 53015 | ManagementAndGeneral |
| Fundraising | 38466 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 240481 | Total |
| Program Services | 179590 | ProgramServices |
| Management And General | 35288 | ManagementAndGeneral |
| Fundraising | 25603 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26889 | Total |
| Management And General | 26889 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42856 | Total |
| Management And General | 42856 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 111421 | Total |
| Management And General | 111421 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 328395 | Total |
| Management And General | 328395 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 828725 | Total |
| Program Services | 715795 | ProgramServices |
| Management And General | 46150 | ManagementAndGeneral |
| Fundraising | 66780 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 138768 | Total |
| Program Services | 100456 | ProgramServices |
| Management And General | 29029 | ManagementAndGeneral |
| Fundraising | 9283 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97674 | Total |
| Program Services | 97674 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 233354 | Total |
| Program Services | 107971 | ProgramServices |
| Management And General | 59436 | ManagementAndGeneral |
| Fundraising | 65947 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5681 | Total |
| Management And General | 5681 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25363 | Total |
| Management And General | 25363 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1579755 | Total |
| Program Services | 1579755 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 217080 | Total |
| Program Services | 190874 | ProgramServices |
| Management And General | 22018 | ManagementAndGeneral |
| Fundraising | 4188 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| Summer Staff Housing Costs | 263034 | 263034 |
| Repairs & Maint-Property | 282772 | 282772 |
| Campus Master Plan | 412827 | 412827 |
| Student Room & Board Costs | 1121103 | 1121103 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 903730 | Total |
| Program Services | 825221 | ProgramServices |
| Management And General | -20358 | ManagementAndGeneral |
| Fundraising | 98867 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15846444 | Total |
| Program Services | 13072811 | ProgramServices |
| Management And General | 1749969 | ManagementAndGeneral |
| Fundraising | 1023664 | Fundraising |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Joint Costs | X | JointCosts |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4434956 | BOY |
| EOY | 1122678 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14008586 | BOY |
| EOY | 14057335 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 903455 | BOY |
| EOY | 726236 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14371 | BOY |
| EOY | 8611 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 445499 | BOY |
| EOY | 588947 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 48879306 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 20556989 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16189027 | BOY |
| EOY | 28322317 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21036072 | BOY |
| EOY | 24391161 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30944290 | BOY |
| EOY | 32358271 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1157043 | BOY |
| EOY | 1290884 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89133299 | BOY |
| EOY | 102866440 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1695224 | BOY |
| EOY | 1867588 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21473 | BOY |
| EOY | 25531 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 597977 | BOY |
| EOY | 4828518 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44076 | BOY |
| EOY | 22558 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2358750 | BOY |
| EOY | 6744195 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22311086 | BOY |
| EOY | 27440712 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28197170 | BOY |
| EOY | 30475485 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36266293 | BOY |
| EOY | 38206048 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 86774549 | BOY |
| EOY | 96122245 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89133299 | BOY |
| EOY | 102866440 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 9347696 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 54280362 | BeginningOfYearBalance |
| Contributions | 1220163 | Contributions |
| Investment Earnings Or Losses | 6072387 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -1216257 | GrantsOrScholarships |
| Other Expenditures | -1245802 | OtherExpenditures |
| Administrative Expenses | -111421 | AdministrativeExpenses |
| End Of Year Balance | 58999432 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 48001536 | BeginningOfYearBalance |
| Contributions | 1143952 | Contributions |
| Investment Earnings Or Losses | 7791989 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -1231432 | GrantsOrScholarships |
| Other Expenditures | -1311273 | OtherExpenditures |
| Administrative Expenses | -114410 | AdministrativeExpenses |
| End Of Year Balance | 54280362 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 53681648 | BeginningOfYearBalance |
| Contributions | 272780 | Contributions |
| Investment Earnings Or Losses | -3522658 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -1086294 | GrantsOrScholarships |
| Other Expenditures | -1217617 | OtherExpenditures |
| Administrative Expenses | -126323 | AdministrativeExpenses |
| End Of Year Balance | 48001536 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 50766489 | BeginningOfYearBalance |
| Contributions | 326127 | Contributions |
| Investment Earnings Or Losses | 5201692 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -1169645 | GrantsOrScholarships |
| Other Expenditures | -1322143 | OtherExpenditures |
| Administrative Expenses | -120872 | AdministrativeExpenses |
| End Of Year Balance | 53681648 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 50278594 | BeginningOfYearBalance |
| Contributions | 562556 | Contributions |
| Investment Earnings Or Losses | 3387232 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -1554631 | GrantsOrScholarships |
| Other Expenditures | -1758029 | OtherExpenditures |
| Administrative Expenses | -149233 | AdministrativeExpenses |
| End Of Year Balance | 50766489 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.06870 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.61150 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.31980 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1600000 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 349265 | OtherCostOrOtherBasis |
| Book Value | 1949265 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 650000 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 36272171 | OtherCostOrOtherBasis |
| Depreciation | 17207962 | Depreciation |
| Book Value | 19714209 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1132006 | OtherCostOrOtherBasis |
| Depreciation | 595747 | Depreciation |
| Book Value | 536259 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2297242 | OtherCostOrOtherBasis |
| Depreciation | 1966834 | Depreciation |
| Book Value | 330408 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6578622 | OtherCostOrOtherBasis |
| Depreciation | 786446 | Depreciation |
| Book Value | 5792176 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 28322317 | TotalOfBookValueLandBuildings |
| Total Of Book Value Securities | 32358271 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Annuity obligations | Description |
| Amount | $22,558 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 22558 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 25198162 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 115443 | OtherRevenues |
| Revenue Not Rptd F990 | 115443 | RevenueNotRptdF990 |
| Revenue Subtotal | 25082719 | RevenueSubtotal |
| Investment Expenses Not Included | 111421 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 111421 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 25194140 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 15850466 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 115443 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 115443 | ExpensesNotRptdF990 |
| Expenses Subtotal | 15735023 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 111421 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 111421 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 15846444 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part XII, Line 2d | Part XII, Line 2d: Other expenses and losses per audited F/S | Trade Advertisements $87199 Cost of Sales - Gift Shop Inventory $28244 |
| Part XI, Line 2d | Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 | Trade Advertisements $87199 Cost of Sales - Gift Shop Inventory $28244 |
| Part V, Line 4 | Part V, Line 4: Intended uses of the endowment fund. | The goal of MAA's endowment is to provide a predictable stream of funding to programs supported by its endowment while seeking to maintain the purchasing power of endowment assets. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | false | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized | All recruiting materials include a statement of our non-discrimination policy. We solicit students internationally, so newspapers or broadcast media would be ineffective. |
| Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency | Music Associates of Aspen, Inc. received contributions from the following governmental agencies:City of Aspen $ 92,196State of Colorado $ 19,611 |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Central Amer/Caribbean | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | Investments | TypeOfActivitiesConducted |
| Total Expenditures | 12429542 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Amount Spent | 12429542 | SubtotalAmountSpent |
| Total Amount Spent | 12429542 | TotalAmountSpent |
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agreement Ref Fundraising | false | AgreementRefFundraising |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Season Benefit | NameOfEvent1 |
| Gross Receipts Event1 | 608876 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 538176 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 70700 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 25587 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 71527 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Opera Benefit | NameOfEvent2 |
| Gross Receipts Event2 | 147250 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 130475 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 16775 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 14180 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 2200 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 36853 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 3 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 133940 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 93690 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 40250 | GrossRevenueOtherEvents |
| Food And Beverage Other Events | 45843 | FoodAndBeverageOtherEvents |
| Other Direct Expenses Other Events | 18994 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 890066 | GrossReceiptsTotal |
| Charitable Contributions Total | 762341 | CharitableContributionsTotal |
| Gross Revenue Total Events | 127725 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 85610 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 2200 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 127374 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 215184 | DirectExpenseSummaryEvents |
| Net Income Summary | -87459 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|
| Work Study | 339 | 70721 | |||
| Scholarships | 229 | 647780 | FMV | Tuition | |
| Fellowships | 219 | 74290 | 1340100 | FMV | Tuition/R&B |
| Dorm Asst - Room & Board | 13 | 44200 | FMV | Room & Board |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Grantmaker's Description of How Grants are Used | The MAA maintains a database of grant awards to ensure that these are appropriately distributed. |
| Additional Supplemental Information | Part III - Grants and Other Assistance to Individuals in the U.S.The majority of MAA's grants are non-cash tuition/room & board forgiveness for our program only. Cash amounts are paid to students during summer term to offset housing and other expenses. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|---|---|---|
| Jennifer Elliot | ||||||
| VP-Finance/Administration | 173225 | 5000 | 19367 | 11450 | 9390 | 218432 |
| Asadour Santourian | ||||||
| VP-Artistic Administration | 137345 | 22500 | 9641 | 9345 | 178831 | |
| Alan Fletcher | ||||||
| President & CEO | 322470 | 98812 | 14775 | 7305 | 443362 | |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Sch J, Part I, Line 1a | Identifier |
| Return Reference | Part I, Line 1a: Relevant information in regards to selections on 1a. | ReturnReference |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CECFA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 840892767 | IssuerEIN |
| Date Issued | 2012-08-15 | DateIssued |
| Issue Price | 15000000 | IssuePrice |
| Description Of Purpose | Construction of new buildings | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | 4828518 | TotalProceeds |
| Capital Expenditures | 4828518 | CapitalExpenditures |
| Year Of Subst Completion | 2013 | YearOfSubstCompletion |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | false | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiled |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | false | ProcToUndertkCorrectiveAction |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Return Reference | Part VI | ReturnReference |
| Explanation | In August 2012, MAA secured a $15,000,000 tax-exempt drawdown loan for purposes of financing the construction of new buildings on its Castle Creek campus. As of September 30, 2013, MAA had taken draws totaling $4,828,518. The final draw was taken in January 2014. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII (5 entries)
| Name Of Interested PersonNameOfInterestedPerson | Relationship With OrganizationRelationshipWithOrganization | Amount Of GrantAmountOfGrant | Type Of AssistanceTypeOfAssistance |
|---|---|---|---|
| Christopher Halen | child of trustee | 3300 | tuition forgiveness |
| Josue Valdepenas | child of trustee | 3300 | tuition forgiveness |
| Alejandro Valdepenas | child of trustee | 3300 | tuition forgiveness |
| George Meyer | child of trustee | 3300 | tuition forgiveness |
| Allison Mase | child of trustee | 3300 | tuition forgiveness |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Edgar Meyer | |||
| spouse/trust | 12408 | faculty compensation | false |
| Renata Arado | |||
| spouse/trust | 22824 | faculty compensation | false |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Form 990, Schedule L, Part IIITuition forgiveness is offered to all faculty dependents regardless of board member status.Form 990, Schedule L, Part IVIn 2013, these faculty members had a spouse who was a member of the Board. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 23 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1298012 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Gifts-in-kind | Description |
| Number Of Contributions | 25 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 283014 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part I, Line 32, Hire and Use of Third Parties | Identifier |
| Explanation | MAA utilizes a broker to sell contributed securities. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The organization's governing documents, conflict of interest policy and financial statements are not made available to the public. |
| Form 990, Part VI, Line 15b | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The Compensation Committee annually reviews compensation of the VP for Finance and Administration and compares this with other similar positions at similar institutions. The Committee approves this compensation after its review. |
| Form 990, Part VI, Line 15a | Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | The Compensation Committee annually reviews CEO compensation and compares this with other similar positions at similar institutions. The Committee approves CEO compensation after its review. |
| Form 990, Part VI, Line 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | Upon discovery, all conflicts of interest, including potential conflicts, are reported to the Executive Committee for appropriate resolution. |
| Form 990, Part VI, Line 11b | Form 990, Part VI, Line 11b: Form 990 Review Process | The Form 990, along with all supporting schedules, is made available to the Board of Trustees prior to filing. |
| Form 990, Part VI, Line 7b | Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | Per the Bylaws of Music Associates of Aspen, Inc., voting members of the Corporation approve all amendments to the Corporation's Articles of Incorporation and the Bylaws. Per the Articles of Incorporation of the Music Associates of Aspen, Inc., voting members must approve the sale, lease, exchange or other disposition of all, or substantially all, of the Corporation's property. |
| Form 990, Part VI, Line 7a | Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | Per the Bylaws of Music Associates of Aspen, Inc., voting members of the Corporation approve the members of the Board of Trustees and the members of the Corporation in accordance with the provisions of these Bylaws. |
| Form 990, Part VI, Line 6 | Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | The Corporation has voting and non-voting members. |
| Form 990, Part VI, Line 2 | Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et | Family relationships exist between the following sets of board members:(a)Kay Bucksbaum and Anne Friedman and (b)Sam Brown and Allison Teal. |