2014-05-09T08:06:33-07:00 2013-09-30 990 2012-10-01 840445087 Music Associates of Aspen Inc dba Aspen Music Festival & School MUSI 9709253254 225 Music School Road Aspen CO 81611 Alan Fletcher 2014-05-09 2012 2015-11-30 17:44:51Z Robert Hurst 225 Music School Road Aspen CO 81611 36040501 false false X www.aspenmusicfestival.com X 1954 CO 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. 50 39 144 200 253322 -34805 23273606 12646555 5878803 6236194 -1012830 5886873 7339226 424518 35478805 25194140 2009988 2177091 0 6733966 7049926 0 1023664 6139061 6619427 14883015 15846444 20595790 9347696 89133299 102866440 2358750 6744195 86774549 96122245 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. false false 13072811 2177091 5863719 Music education for 629 students during an eight-week session, including orchestral and chamber performances, before public audiences of approximately 75,000 patrons. 13072811 true true false false false false false false false true true true false false true false true false true false true false false false true false false false true true true false false false false false false true false true false true false false false false false false false false false true 339 0 true 144 true true false false false false true true false 0 false false false false false false false false false false X 50 39 true false false false true true true true true false false true true true true true true true true false X Jennifer B Elliot 9709253254 225 Music School Road Aspen CO 81611 Alan Fletcher 40.00 0.00 X X 421282 0 22080 Carrie Wells 0.00 0.00 X 0 0 0 Joaquin Valdepenas 5.00 0.00 X 27687 0 0 Alison Teal 0.00 0.00 X 0 0 0 Gillian Steel 0.00 0.00 X 0 0 0 Jane Sherman 0.00 0.00 X 0 0 0 Caryn Scheidt 0.00 0.00 X 0 0 0 Arlene Salomon 0.00 0.00 X 0 0 0 John Rojak 5.00 0.00 X 24331 0 0 Dana Powell 0.00 0.00 X 0 0 0 Aaron Podhurst 0.00 0.00 X 0 0 0 Virginia Pearce 0.00 0.00 X 0 0 0 Fonda Patterson 0.00 0.00 X 0 0 0 Patricia Papper 0.00 0.00 X 0 0 0 Anton Nel 5.00 0.00 X 11155 0 0 Stephanie Naidoff 0.00 0.00 X 0 0 0 Michael Murray 0.00 0.00 X 0 0 0 Jerry Murdock 0.00 0.00 X 0 0 0 Alexander Munroe 0.00 0.00 X 0 0 0 Willem Mesdag 0.00 0.00 X 0 0 0 Anthony Mazza 0.00 0.00 X 0 0 0 Ray Mase 5.00 0.00 X 24531 0 0 Robert Lipsett 5.00 0.00 X 34723 0 0 Espen Lilleslatten 5.00 0.00 X 25090 0 0 Jonathan Lee 0.00 0.00 X 0 0 0 Fred Kucker 0.00 0.00 X 0 0 0 Barbara Koval 0.00 0.00 X 0 0 0 Cathy Koplovitz 0.00 0.00 X 0 0 0 Gerald Katcher 0.00 0.00 X 0 0 0 Allison Kanders 0.00 0.00 X 0 0 0 Sydney Hodkinson 5.00 0.00 X 23235 0 0 Linda Vitti Herbst 0.00 0.00 X 0 0 0 Cornelia Heard 5.00 0.00 X 30118 0 0 David Halen 5.00 0.00 X 37198 0 0 Jonathan Haas 5.00 0.00 X 26362 0 0 Sanford Grossman 0.00 0.00 X 0 0 0 Mary Giese 0.00 0.00 X 0 0 0 Jessica Fullerton 0.00 0.00 X 0 0 0 Anne B Friedman 0.00 0.00 X 0 0 0 Jane Frazer 0.00 0.00 X 0 0 0 Nanette Finger 0.00 0.00 X 0 0 0 Alan Englander 0.00 0.00 X 0 0 0 Stefan Edlis 0.00 0.00 X 0 0 0 Jerry Eberhardt 0.00 0.00 X 0 0 0 James Dunham 5.00 0.00 X 16205 0 0 Stephen Drimmer 0.00 0.00 X 0 0 0 Martin Carver 0.00 0.00 X 0 0 0 Kay Bucksbaum 0.00 0.00 X 0 0 0 Sandra K Bishop 0.00 0.00 X 0 0 0 Edward Berkeley 5.00 0.00 X 29943 0 0 Thomas H Baer 0.00 0.00 X 0 0 0 Nadine Asin 5.00 0.00 X 21393 0 0 Danner Scheffler 0.00 0.00 X 0 0 0 Janet O'Connor 0.00 0.00 X 0 0 0 Michael Klein 0.00 0.00 X 0 0 0 Robert Hurst 0.00 0.00 X 0 0 0 Gail Engelberg 0.00 0.00 X 0 0 0 Sam Brown 0.00 0.00 X 0 0 0 Asadour Santourian 40.00 0.00 X 159845 0 18986 Jennifer Elliot 40.00 0.00 X 197592 0 20840 Laura Smith 40.00 0.00 X 117134 0 21532 Jennifer Johnston 40.00 0.00 X 115830 0 14169 1343654 97607 5 false true false 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 9 762341 111807 11772407 1581027 12646555 Ticket Sales 900099 2090952 2090952 Student Fees 900099 3772767 3772767 Program Advertising 511120 276673 276673 Outreach 900099 77074 77074 Concessions & Tape Sales 900099 18728 18728 6236194 376863 -23351 400214 0 0 161680 161680 161680 161680 16112943 10602933 5510010 5510010 5510010 127725 762341 215184 -87459 -87459 0 28107 28244 -137 -137 Unrealized Gains 900099 224302 224302 Split Interest Agreements 900099 131916 131916 Miscellaneous 900099 -5784 -5784 350434 25194140 5935009 253322 6359254 0 2177091 2177091 0 0 1165580 803691 210934 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RESTRICTED RESTRICTED RESTRICTED 54280362 1220163 6072387 -1216257 -1245802 -111421 58999432 48001536 1143952 7791989 -1231432 -1311273 -114410 54280362 53681648 272780 -3522658 -1086294 -1217617 -126323 48001536 50766489 326127 5201692 -1169645 -1322143 -120872 53681648 50278594 562556 3387232 -1554631 -1758029 -149233 50766489 0.06870 0.61150 0.31980 false false false 1600000 349265 1949265 650000 36272171 17207962 19714209 1132006 595747 536259 2297242 1966834 330408 6578622 786446 5792176 28322317 32358271 Annuity obligations 22558 22558 25198162 115443 115443 25082719 111421 111421 25194140 15850466 115443 115443 15735023 111421 111421 15846444 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. true true false true true true true false false false false false false false false true false true 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 Central Amer/Caribbean 0 0 Investments 12429542 12429542 12429542 false false false true false false false Season Benefit 608876 538176 70700 25587 71527 Opera Benefit 147250 130475 16775 14180 2200 36853 3 133940 93690 40250 45843 18994 890066 762341 127725 85610 2200 127374 215184 -87459 true 0 0 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 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. X true true X X X X false false false false false false false false false false Jennifer Elliot 173225 5000 19367 11450 9390 218432 Asadour Santourian 137345 22500 9641 9345 178831 Alan Fletcher 322470 98812 14775 7305 443362 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. A CECFA 840892767 2012-08-15 15000000 Construction of new buildings false false false A 4828518 4828518 2013 false false false true A false false false false false A false Supplemental Information Part VI 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. 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 Edgar Meyer spouse/trust 12408 faculty compensation false Renata Arado spouse/trust 22824 faculty compensation false 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. X 23 1298012 FMV X Gifts-in-kind 25 283014 FMV false true true Part I, Line 32, Hire and Use of Third Parties MAA utilizes a broker to sell contributed securities. 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.