2013-03-01T11:02:28-06:00 2012-09-30 391173131 SCHENCK SC PO BOX 23819 GREEN BAY WI 543053819 990 2011-10-01 391691920 PENINSULA MUSIC FESTIVAL INC PENI 9208544060 PO BOX 340 EPHRAIM WI 54211 BRUCE MCKEEFRY 9208544060 2013-02-28 1 JEAN M VANDEHEY P00035097 9204367800 2013-02-15 2011 2016-03-07 17:11:31Z BRUCE MCKEEFRY PO BOX 340 EPHRAIM WI 54211 831403 0 X WWW.MUSICFESTIVAL.COM X 1953 WI THE PENINSULA MUSIC FESTIVAL, INC. IS COMMITTED TO THE PRESENTATION OF EXCELLENT PERFORMANCES BY A PROFESSIONAL SYMPHONY ORCHESTRA AND THE ENHANCEMENT OF MUSIC APPRECIATION AND EDUCATION IN DOOR COUNTY, WISCONSIN. 13 13 7 100 0 0 612718 567991 207921 259898 629 529 2977 1652 824245 830070 157758 100161 0 0 114752 119620 0 0 47968 516227 599237 788737 819018 35508 11052 189664 183129 43796 26209 145868 156920 X THE PENINSULA MUSIC FESTIVAL, INC. IS COMMITTED TO THE PRESENTATION OF EXCELLENT PERFORMANCES BY A PROFESSIONAL SYMPHONY ORCHESTRA AND THE ENHANCEMENT OF MUSIC APPRECIATION AND EDUCATION IN DOOR COUNTY, WISCONSIN. 1 0 606302 1550 259898 THE PENINSULA MUSIC FESTIVAL, INC. (PMF) FINANCES AND PRESENTS EXCELLENT PERFORMANCES BY A PROFESSIONAL ORCHESTRA OF DEDICATED MUSICIANS EACH SUMMER IN DOOR COUNTY, WISCONSIN. THE PMF PRESENTS A BROAD REPERTOIRE, PROMOTES YOUNG ARTISTS AND ENCOURAGES THE APPRECIATION OF MUSIC. THE PMF WAS FOUNDED IN 1953 BY LORENZ HEISE, KAY WILSON, AND THOR JOHNSON AND WAS INSPIRED BY THE EARLY MORAVIAN MUSIC FESTIVAL. CURRENTLY HAVING COMPLETED ITS 60TH YEAR, THE PMF PRESENTS NINE DIFFERENT CONCERTS THE FIRST THREE WEEKS OF AUGUST EVERY YEAR FEATURING MUSICIANS REPRESENTING AMERICA'S FINEST ORCHESTRAS. EACH CONCERT FEATURES A GUEST ARTIST OF NATIONAL STATURE. THE PMF IS THE ONLY FULLY PROFESSIONAL SYMPHONY ORCHESTRA IN NORTHEAST WISCONSIN. VICTOR YAMPOLSKY, HEAD OF NORTHWESTERN UNIVERSITY'S ORCHESTRA, HAS BEEN THE CONDUCTOR AND MUSIC DIRECTOR FOR 28 YEARS. ADDITIONAL PRESENTATIONS INCLUDE WINTER CHAMBER CONCERTS AND RADIO BROADCASTS ON WISCONSIN PUBLIC RADIO. ADDITIONALLY, THE PMF PROVIDES COLLEGE SCHOLARSHIPS AND SUMMER MUSIC AWARDS. THERE IS ALSO AN EXTENSIVE INTERNSHIP PROGRAM AVAILABLE IN ARTS ADMINISTRATION. OVER 6,000 PEOPLE ATTENDED THE NINE CONCERTS. IN THE LAST 21 YEARS, THE OPERATING BUDGET OF THE PMF HAS GROWN FROM $127,000 TO NEARLY $700,000. THE ENDOWMENT HAS GROWN FROM $450,000 TO ALMOST $4 MILLION IN 15 YEARS, AND ALTHOUGH THE CURRENT ECONOMY HAS SEEN A DIP IN THE VALUE OF INVESTMENTS, THE CONSERVATIVE STRATEGY SET BY THE TRUSTEES THAT STRESSES LONG-TERM STABILITY RATHER THAN QUICK GROWTH HAS PAID OFF FOR THE PMF. THE PMF PRIDES ITSELF ON FOCUSING ON THE HIGH QUALITY OF THE ORCHESTRA AND OPERATING WITH LOW ADMINISTRATIVE OVERHEAD. IN THE PREVIOUS FIVE YEARS, THE ADMINISTRATIVE PORTION OF THE BUDGET ONLY GREW AT A RATE OF 1%. THE ENDOWMENT HAS REGAINED ALL OF THE LOSS SUFFERED BY THE DOWNTURN IN THE ECONOMY AND EVERY PLEDGE MADE BY DONORS HAS BEEN FULFILLED. THE BOARD OF DIRECTORS HAS COMMITTED ITSELF TO RAISING AN ADDITIONAL $1 MILLION FOR THE ENDOWMENT OVER THE NEXT FIVE YEARS. THE PMF AWARDED A COLLEGE SCHOLARSHIP THIS PAST YEAR AND NUMEROUS MUSIC AWARDS TO ENCOURAGE MUSIC STUDENTS TO ATTEND CAMPS AND TAKE PRIVATE LESSONS. THE PMF ALSO SUPPORTED THE GIBRALTAR HIGH SCHOOL MUSIC BOOSTERS THROUGH A DONATION AS WELL AS HAVING THE BAND AND CHOIR STUDENTS RAISE MONEY BY RUNNING THE CONCESSIONS AT OUR CONCERTS. THE DOOR COUNTY STRING ACADEMY ALSO WORKED THE CONCESSIONS AS WELL AS A LOCAL GIRL SCOUT TROOP. THIS WAS THE SECOND YEAR OF THE FESTIVAL'S $10 STUDENT/CHILDREN TICKET PROGRAM. ALMOST 200 YOUNG PEOPLE TOOK ADVANTAGE OF THE $10 TICKET FOR ANY SEAT TO ANY CONCERT AT ANY TIME. IN ADDITION TO THE NINE CONCERTS IN THREE WEEKS, THE PMF WAS ALSO FEATURED ON WISCONSIN PUBLIC RADIO AND PRESENTED FEBRUARY FEST, WHICH WAS TWO CHAMBER CONCERTS DURING FEBRUARY THAT FEATURED MEMBERS OF THE ORCHESTRA IN CHAMBER ENSEMBLES. FEBRUARY FEST KEEPS THE PMF IN THE PUBLIC EYE DURING THE 11 MONTHS FROM SEPTEMBER TO AUGUST. IT ALSO ALLOWS AUDIENCE MEMBERS TO HEAR THE DEPTH OF TALENT IN THE ORCHESTRA BY BRINGING ORCHESTRA MEMBERS BACK DURING THE OFF SEASON TO PERFORM. THE AUDIENCE ENJOYS HEARING THE CONCERTS, AS WELL AS HAVING A CHANCE TO BECOME FAMILIAR WITH THE ORCHESTRA MEMBERS IN A MORE INTIMATE SETTING AND DURING THE QUIET TIME OF THE YEAR. THE PMF OPERATES WITH NO ACCUMULATED DEFICIT. THE CONTINUING CHALLENGES IN THE TOURIST ARE AFFECT THE PMF, HOWEVER, THROUGH A WELL ORGANIZED MARKETING PLAN, THE PMF HAS SEEN A 13% INCREASE IN TICKET SALES OVER THE LAST TWO YEARS. THE PMF CONTINUES TO WORK WITH THE ROADS SCHOLAR PROGRAM (FORMALLY ELDER HOSTEL) TO PRESENT A ONE-WEEK PROGRAM ON THE HISTORY AND WORKINGS OF THE PMF. 24 TRAVELERS PARTICIPATED IN THE PROGRAM. THIS PROGRAM HAS BEEN BOOKED FOR 2013, AND THE PMF HOPES TO DOUBLE THE NUMBER OF PARTICIPANTS.THE PMF SUSTAINING COMMITTEE (OUR VOLUNTEER ARM) CONTINUES TO BE THE BACKBONE OF THE ORGANIZATION. OVER 100 VOLUNTEERS PROVIDE THOUSANDS OF HOURS OF SERVICE TO THE ORGANIZATION BY DISTRIBUTING OVER 15,000 BROCHURES AND POSTERS, PICKING UP GUEST ARTISTS FROM THE AIRPORT, PROVIDING FOOD FOR MUSICIANS, AND WORKING AS USHERS AND PARKING ATTENDANTS FOR THE CONCERTS.FOR EVALUATION PURPOSES, THE PMF CURRENTLY USES A THREE-PHASE EVALUATION SYSTEM SET FORTH BY THE LEAGE OF AMERICAN ORCHESTRAS. THE COMPONENTS INCLUDE: ADMINISTRATIVE - WE LOOK AT THE ORGANIZATIONAL STRUCTURE, BOARD, STAFF AND VOLUNTEERS AS WELL AS MARKETING AND DEVELOPMENT; FINANCIAL - PLANNING AND REPORTING; ARTISTIC - REPERTOIRE, OPERATIONAL AND PROFESSIONAL DEVELOPMENT.THOUGH THE ECONOMY CONTINUES TO CHALLENGE US, THE PMF HAD AN AMAZING YEAR. THE PMF STILL ACHIEVED ITS GOALS AND FULFILLED ITS MISSION THANKS TO A STRONG BOARD OF DIRECTORS, A WELL-TRAINED ADMINISTRATIVE STAFF, AND A GREAT CORE OF VOLUNTEERS. THIS TRIO HAS PROVIDED THE FINANCIAL RESOURCES FOR THE PMF TO GROW WHERE IT COUNTS - IN THE QUALITY OF ITS ARTISTIC PRODUCT AND ITS OUTREACH TO THE PEOPLE IN THE COMMUNITY IT SERVES. THE ENTIRE ORGANIZATION LOOKS FORWARD TO CELEBRATING THE NEXT 60 YEARS AS WE MOVE FORWARD INTO 2013. 98611 98611 PROVIDING OPERATING GRANTS TO THE THOR JOHNSON ENDOWMENT TRUST, A 501(C)(3) ORGANIZATION. 704913 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 7 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X X KERBER ROSE & ASSOCIATES 9208542379 10568 COUNTRY WALK LINE SISTER BAY WI 54234 BRUCE MCKEEFRY 2.60 X X 0 0 0 JACK ZILAVY 2.20 X X 0 0 0 ORREN BRADLEY 1.00 X X 0 0 0 WILLIAM MILLER 3.90 X X 0 0 0 SUE STONE 4.70 X X 0 0 0 JOHN PELLEGRINO 0.50 X 0 0 0 NORMA BRAMSEN 1.40 X 0 0 0 MARILYN PETERSON 2.60 X 0 0 0 VIRGINIA EADES 6.70 X 0 0 0 CYNTHIA SARGENT 0.50 X 0 0 0 DIANE TRENCHARD 2.60 X 0 0 0 STEPHANIE VITTUM 0.50 X 0 0 0 CHALLONER MORSE BROWN 1.00 X 0 0 0 JUNE MAEDER 0.60 X 0 0 0 DON FUNDINGSLAND 0.50 X 0 0 0 KAREN SMUDA 1.20 X 0 0 0 SHARON GRUTZMACHER 40.00 X 65000 0 8468 65000 0 8468 0 0 0 0 0 273738 294253 11526 567991 CONCERT REVENUE 711300 259898 259898 259898 529 529 181 181 1674 1333 341 341 MISCELLANEOUS REVENUE 900099 1130 1130 1130 830070 259898 0 2181 98611 98611 1550 1550 73660 36830 11049 25781 35489 15721 12165 7603 1065 472 365 228 1738 704 822 212 7668 3681 1672 2315 27057 27057 168716 168716 31982 31982 38050 30742 4553 2755 41563 30276 6101 5186 1602 769 349 484 6857 3334 1477 2046 ORCHESTRA/FESTIVAL EXPE 259270 259270 MISCELLANEOUS 21723 21095 628 DUES AND LICENSES 2417 1160 527 730 819018 704913 66137 47968 X 25419 30068 37245 31952 1100 2188 2227 9719 8339 138214 27697 82302 110517 31691 26 189664 183129 22146 23899 21650 2310 43796 26209 X 114177 156920 31691 0 145868 156920 189664 183129 11052 0 X 0 1 0 X 0 X 567248 756440 604919 609546 567991 3106144 567248 756440 604919 609546 567991 3106144 247951 2858193 618 368 503 800 710 2999 27260 27621 19833 21564 20505 116783 144 137 1441 876 1130 3728 3229654 1005355 0.88500 0.83950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3648671 59028 505076 176838 4035937 3402948 360306 48175 162758 3648671 3324555 18750 223784 164141 3402948 3363038 220305 82324 341112 3324555 0.02800 0.70890 0.26310 0 1 1 138214 27697 110517 110517 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUND IS ADMINISTERED BY THE THOR JOHNSON ENDOWMENT TRUST (A RELATED ORGANIZATION) FOR THE PENINSULA MUSIC FESTIVAL, INC. THE ENDOWMENT FUND WAS ESTABLISHED TO SUPPORT THE MISSION OF THE PENINSULA MUSIC FESTIVAL, INC. DISTRIBUTIONS FROM THESE FUNDS ARE ORDINARILY MADE ANNUALLY TO THE ORGANIZATIONS PER APPROVED APPROPRIATION BY THE BOARD OF DIRECTORS. IT IS THE REQUIREMENT OF THE TRUST THAT THE ORGANIZATIONS RETAIN 5% OF THE RETURNS TO ALLOW ITS ENDOWMENT FUND TO GROW AT AN AVERAGE OF 8% ANNUALLY. THIS IS CONSISTENT WITH THE ORGANIZATIONS' OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH INVESTMENT RETURN. 1 THOR JOHNSON ENDOWMENT TRUST PO BOX 340 EPHRAIM WI 54211 391791596 501(C)(3) 98611 INVESTMENT GRANT TO SUPPORTING ORGANIZATION 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION PROVIDES GRANTS TO THE THOR JOHNSON ENDOWMENT TRUST, A 501(C)(3) ORGANIZATION THAT IS A SUPPORTING AND RELATED ORGANIZATION. THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS ARE AUDITED AT EACH YEAR-END BY AN INDEPENDENT ACCOUNTANT. NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 THE ORGANIZATION BROUGHT IN THREE ASSISTANT CONDUCTORS, ONE FOR EACH WEEK OF THE FESTIVAL. IN ADDITION TO PROVIDING MUCH NEEDED HELP DURING THE BUSY 60TH SEASON, THE THREE ASSISTANT CONDUCTORS ALSO HAD THE OPPORTUNITY TO GATHER EXPERIENCE FROM A PROFESSIONAL ORCHESTRA. EACH OF THE THREE YOUNG CONDUCTORS WERE IN DIFFERENT STAGES OF COMPLETING THEIR DOCTORAL DEGREE IN CONDUCTING FROM NORTHWESTERN UNIVERSITY. THE PMF BOARD WAS SO EXCITED WITH THIS PROGRAM THAT THEY ARE EXPANDING IT FOR 2013 AND NAMING IT THE EMERGING CONDUCTOR PROGRAM. THE EDUCATION OUTREACH COMMITTEE OF THE BOARD WILL MEET TO SET PARAMETERS FOR THE PROGRAM. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 IS E-MAILED TO ALL BOARD MEMBERS, ALONG WITH A TREASURER'S REPORT EXPLAINING WHAT TO REVIEW AND HOW TO INTERPRET THE INFORMATION. THE EXECUTIVE COMMITTEE REVIEWS FORM 990 IN DETAIL AT ITS JANUARY MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS GIVEN TO ALL NEW BOARD MEMBERS AND THE POLICIES ARE REVIEWED WITH THEM. THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY AS PART OF THEIR ANNUAL BOARD ASSESSMENT. BOARD MEMBERS RECUSE THEMSELVES FROM VOTES IF A CONFLICT OF INTEREST IS PRESENT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE MEETS PRIOR TO THE END OF THE FISCAL YEAR TO DISCUSS THE EXECUTIVE DIRECTOR'S PERFORMANCE FOR THE YEAR. THE COMMITTEE DISCUSSES THE EXECUTIVE DIRECTOR'S STRENGTHS AND WEAKNESSES, AND RECOMMENDS A SALARY FOR THE FOLLOWING YEAR. AFTER THE DISCUSSION, THE BOARD PRESIDENT PREPARES A WRITTEN EVALUATION AND SUBMITS IT, ALONG WITH A CONTRACT, TO THE EXECUTIVE DIRECTOR FOR DISCUSSION AND APPROVAL. FOR OTHER EMPLOYEES, THE EXECUTIVE DIRECTOR PERFORMS AN ANNUAL REVIEW, AND THEIR ANNUAL COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AS THEY SET THE ANNUAL BUDGET FOR THE UPCOMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ALL DOCUMENTS ARE AVAILABLE AT THE FESTIVAL OFFICE. THOR JOHNSON ENDOWMENT TRUST PO BOX 340 EPHRAIM WI 54211 391791596 PROVIDE GRANTS TO PENINSULA MUSIC FESTIVAL, INC. WI 501(C)(3) LINE 11A, I N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0