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MUSIC ASSOCIATES OF ASPEN INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
MUSIC ASSOCIATES OF ASPEN INC (EIN 84-0445087)
Tax period
2010-10-01 to 2011-09-30
Filed
2012-03-19
IRS object ID
201240799349300614
Schema version
2010v3.2
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-03-19T10:25:03-07:00Timestamp
Tax Period End Date2011-09-30TaxPeriodEndDate
Return Type990ReturnType
Tax Period Begin Date2010-10-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN840445087EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Music Associates of Aspen IncBusinessNameLine1
Business Name Line2dba Aspen Music Festival & SchoolBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlMUSINameControl
Phone9709253254Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 Music School RoadAddressLine1
CityAspenCity
StateCOState
ZIP Code81611ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameAlan FletcherName
TitlePresident & CEOTitle
Date Signed2012-03-19DateSigned
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonFonda PatersonNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line12 Music School RoadAddressLine1
CityAspenCity
StateCOState
ZIP Code81611ZIPCode
FieldValueIRS element (for citing)
Gross Receipts9624891GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
All Affiliates IncludedfalseAllAffiliatesIncluded
Organization501c3XOrganization501c3
Web Sitewww.aspenmusicfestival.comWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1954YearFormation
State Legal DomicileCOStateLegalDomicile
Activity Or Mission DescriptionThe 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 Body44NbrVotingMembersGoverningBody
Nbr Independent Voting Members33NbrIndependentVotingMembers
Total Nbr Employees144TotalNbrEmployees
Total Nbr Volunteers255TotalNbrVolunteers
Total Gross UBI244510TotalGrossUBI
Net Unrelated Business Txbl Income-20938NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year5638365ContributionsGrantsPriorYear
Contributions Grants Current Year5224683ContributionsGrantsCurrentYear
Program Service Revenue Prior Year5630347ProgramServiceRevenuePriorYear
Program Service Revenue CY5728912ProgramServiceRevenueCY
Investment Income Prior Year2199715InvestmentIncomePriorYear
Investment Income Current Year4610781InvestmentIncomeCurrentYear
Other Revenue Prior Year3204439OtherRevenuePriorYear
Other Revenue Current Year-7890573OtherRevenueCurrentYear
Total Revenue Prior Year16672866TotalRevenuePriorYear
Total Revenue Current Year7673803TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year2008148GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY1986714GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year6389349SalariesEtcPriorYear
Salaries Etc Current Year6486361SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year702624TotalFundrsngExpCurrentYear
Other Expense Prior Year5574948OtherExpensePriorYear
Other Expenses Current Year5562053OtherExpensesCurrentYear
Total Expenses Prior Year13972445TotalExpensesPriorYear
Total Expenses Current Year14035128TotalExpensesCurrentYear
Revenues Less Expenses Prior Year2700421RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-6361325RevenuesLessExpensesCY
Total Assets BOY73033437TotalAssetsBOY
Total Assets EOY66791111TotalAssetsEOY
Total Liabilities BOY493353TotalLiabilitiesBOY
Total Liabilities EOY612352TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY72540084NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY66178759NetAssetsOrFundBalancesEOY
Mission DescriptionThe 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 ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense11633339Expense
Grants1986714Grants
Revenue5390124Revenue
DescriptionMusic education for 631 students during an eight-week session, including orchestral and chamber performances, before public audiences of approximately 75,000 patrons.Description
Total Program Service Expense11633339TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiestrueReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchooltrueSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Invest Tax Exempt BondsfalseInvestTaxExemptBonds
Escrow AccountfalseEscrowAccount
On Behalf Of IssuerfalseOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersontrueGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MembertrueBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionstrueDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With1096289NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees144NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncometrueUnrelatedBusinessIncome
Form990-T FiledtrueForm990-TFiled
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Form8886 T FiledfalseForm8886TFiled
Non Deductible ContributionsfalseNonDeductibleContributions
Non Deductible DisclosurefalseNonDeductibleDisclosure
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Number Of8282 Filed0NumberOf8282Filed
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Form8899 FiledfalseForm8899Filed
Form1098 C FiledtrueForm1098CFiled
Excess Business HoldingsfalseExcessBusinessHoldings
Taxable DistributionsfalseTaxableDistributions
Distribution To DonorfalseDistributionToDonor
Filed Lieu1041falseFiledLieu1041
Licensed More Than One StatefalseLicensedMoreThanOneState
Indoor Tanning ServicesfalseIndoorTanningServices
Form720 FiledfalseForm720Filed
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members44NbrVotingGoverningBodyMembers
Number Independent Voting Members33NumberIndependentVotingMembers
Family Or Business RelationshiptrueFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholderstrueMembersOrStockholders
Election Of Board MemberstrueElectionOfBoardMembers
Decisions Subject To ApprovaltrueDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Policies Reference ChaptersfalsePoliciesReferenceChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Written Policy Or ProcedurefalseWrittenPolicyOrProcedure
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonJennifer B ElliotNamePerson
Telephone Number9709253254TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line12 Music School RoadAddressLine1
CityAspenCity
StateCOState
ZIP Code81611ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (59 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationKey EmployeeKeyEmployeeOfficerOfficerHighest Compensated EmployeeHighestCompensatedEmployee
Virginia Pearce
Trustee0.00X000
Thomas H Baer
Trustee0.00X000
Sydney Hodkinson
Trustee-Faculty5.00X2348500
Stephanie Naidoff
Trustee0.00X000
Stefan Edlis
Trustee0.00X000
Shirley B Helzberg
Trustee0.00X000
Sanford Grossman
Trustee0.00X000
Sandra K Bishop
Trustee0.00X000
Robert Hurst
Trustee0.00X000
Ray Mase
Trustee-Faculty5.00X2400900
Per Hannevold
Trustee-Faculty5.00X2780400
Patricia Papper
Trustee0.00X000
Nanette Finger
Trustee0.00X000
Nancy Goeres
Trustee-Faculty5.00X2347700
Nadine Asin
Trustee-Faculty5.00X2147100
Molly McArdle
VP-Institutional Advancement40.00165899010447X
Mitchell Caplan
Trustee0.00X000
Michael Murray
Treasurer-Prior0.00000X
Michael Kline
Trustee0.00X000
Matthew Loden
VP-General Manager40.00132740012940X
Mary Giese
Trustee0.00X000
Martin Carver
Trustee0.00X000
Linda Vitti Herbst
Trustee0.00X000
Laura Smith
Dir-Communications40.00112121017069X
Kay Bucksbaum
Chairman0.00000X
Jonathan Haas
Trustee-Faculty5.00X2322600
John Rojak
Trustee-Faculty5.00X2379800
John Donnell
Trustee0.00X000
Joaquin Valdepenas
Trustee-Faculty5.00X2554300
Joan Gordon
VP-Dean40.00118179013039X
Jessica Fullerton
Trustee0.00X000
Jerry Eberhardt
Trustee0.00X000
Jennifer Elliot
VP-Finance/Administration40.00173343017422X
Janet O'Connor
Treasurer0.00000X
Jane Sherman
Trustee0.00X000
Jane Frazer
Trustee0.00X000
Harriet Zimmerman
Trustee0.00X000
Gerald Katcher
Trustee0.00X000
Fred Kucker
Trustee0.00X000
Fonda Paterson
Vice Chairman0.00000X
Espen Lilleslatten
Trustee-Faculty5.00X1806000
Ellen Hockaday
Trustee0.00X000
Edward Berkeley
Trustee-Faculty5.00X2815000
David Halen
Trustee-Faculty5.00X3112200
Danner Schefler
Secretary0.00000X
Dana Powell
Trustee0.00X000
Cornelia Heard
Trustee-Faculty5.00X3102600
Cita Stelzer
Trustee0.00X000
Caryn Sheidt
Trustee0.00X000
Carrie Wells
Trustee0.00X000
Barbara Koval
Trustee0.00X000
Asadour Santourian
VP-Artistic Admin40.00145965015648X
Arlene Saloman
Trustee0.00X000
Anthony Mazza
Trustee0.00X000
Ann B Friedman
Trustee0.00X000
Allen Questrom
Trustee0.00X000
Alison Teal
Trustee0.00X000
Alan Fletcher
President & CEO40.00X411972018369X
Alan Englander
Trustee0.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org1561390TotalReportableCompFromOrg
Total Other Compensation104934TotalOtherCompensation
Number Individuals GT100 K7NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
Steinway & Sons Inc
Dept 1115 PO Box 40000HartfordCT06151Piano services109251
Sodexo Inc
9801 Washingtonian BlvdGaithersburgMD20878Food services402163
Holland & Hart LLP
PO Box 17283DenverCO80217Legal services110615
FieldValueIRS element (for citing)
Number Of Contractors GT100 K3NumberOfContractorsGT100K
Fundraising Events545377FundraisingEvents
Government Grants117805GovernmentGrants
All Other Contributions4561501AllOtherContributions
Noncash Contributions323130NoncashContributions
Total Contributions5224683TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeUnrelated Business RevenueUnrelatedBusinessRevenueExclusionExclusionAmount
Ticket Sales90009920560702056070
Student Fees90009933340543334054
Program Advertising511120244510244510
Outreach & Tape Sales9000997171571715
Concessions90009922563$22,563
FieldValueIRS element (for citing)
Total Program Service Revenue5728912TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column651573TotalRevenueColumn
Exclusion$651,573ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real280612Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real280612Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column280612TotalRevenueColumn
Exclusion$280,612ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities3396472Securities
Other2240479Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities1411347Securities
Other266396Other

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities1985125Securities
Other1974083Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column3959208TotalRevenueColumn
Exclusion$3,959,208ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events156715GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events545377CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses246640FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-89925TotalRevenueColumn
Exclusion-$89,925ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Gross Sales Of Inventory39327GrossSalesOfInventory
Cost Of Goods Sold26705CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column12622TotalRevenueColumn
Exclusion$12,622ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnExclusionExclusionAmountRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Unrealized Losses900099-8153394-$8,153,394
Split Interest Agreements90009932441$32,441
Miscellaneous9000992707127071
FieldValueIRS element (for citing)
Total Other Revenue-8093882TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column7673803TotalRevenueColumn
Related Or Exempt Function Income5488910RelatedOrExemptFunctionIncome
Unrelated Business Revenue244510UnrelatedBusinessRevenue
Exclusion-$3,284,300ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total1986714Total
Program Services1986714ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total1074737Total
Program Services574541ProgramServices
Management And General230251ManagementAndGeneral
Fundraising269945Fundraising

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total4791520Total
Program Services3821443ProgramServices
Management And General728823ManagementAndGeneral
Fundraising241254Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total102466Total
Program Services77826ProgramServices
Management And General16073ManagementAndGeneral
Fundraising8567Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total289290Total
Program Services219724ProgramServices
Management And General45379ManagementAndGeneral
Fundraising24187Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total228348Total
Program Services173437ProgramServices
Management And General35819ManagementAndGeneral
Fundraising19092Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total40776Total
Management And General40776ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total37475Total
Management And General37475ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total126323Total
Management And General126323ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total0Total

Advertising Advertising

FieldValueIRS element (for citing)
Total133470Total
Management And General133470ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total691538Total
Program Services603613ProgramServices
Management And General28673ManagementAndGeneral
Fundraising59252Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total111627Total
Program Services83777ProgramServices
Management And General23458ManagementAndGeneral
Fundraising4392Fundraising

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total112581Total
Program Services112581ProgramServices

Travel Travel

FieldValueIRS element (for citing)
Total162811Total
Program Services114413ProgramServices
Management And General28003ManagementAndGeneral
Fundraising20395Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total4995Total
Management And General4995ManagementAndGeneral

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total1318496Total
Program Services1318496ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total205029Total
Program Services180996ProgramServices
Management And General21361ManagementAndGeneral
Fundraising2672Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
Utilities144704118602227093393
Summer Staff Housing Costs247871247871
Student Room & Board Costs953040953040
Repairs & Maint-Property347686347686
Other Expenses/Miscellaneous1967756488710838123507

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total726856Total
Program Services633692ProgramServices
Management And General67196ManagementAndGeneral
Fundraising25968Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total14035128Total
Program Services11633339ProgramServices
Management And General1699165ManagementAndGeneral
Fundraising702624Fundraising
FieldValueIRS element (for citing)
Joint CostsXJointCosts

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY978390BOY
EOY499840EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY605939BOY
EOY0EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY1973436BOY
EOY1844935EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY34285BOY
EOY82625EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY8189BOY
EOY8896EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY473430BOY
EOY560392EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis36778234LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec20150715LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY20017212BOY
EOY16627519EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY21367319BOY
EOY13783015EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY26634329BOY
EOY32468521EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY940908BOY
EOY915368EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY73033437BOY
EOY66791111EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY288850BOY
EOY418316EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY111967BOY
EOY127659EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY92536BOY
EOY66377EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY493353BOY
EOY612352EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY19561698BOY
EOY19231895EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY17927709BOY
EOY11672823EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY35050677BOY
EOY35274041EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY72540084BOY
EOY66178759EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY73033437BOY
EOY66791111EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-6361325ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredfalseFederalGrantAuditRequired
Federal Grant Audit PerformedfalseFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance53681648BeginningOfYearBalance
Contributions272780Contributions
Investment Earnings Or Losses-3522658InvestmentEarningsOrLosses
Grants Or Scholarships-1086294GrantsOrScholarships
Other Expenditures-1217617OtherExpenditures
Administrative Expenses-126323AdministrativeExpenses
End Of Year Balance48001536EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance50766489BeginningOfYearBalance
Contributions326127Contributions
Investment Earnings Or Losses5201692InvestmentEarningsOrLosses
Grants Or Scholarships-1169645GrantsOrScholarships
Other Expenditures-1322143OtherExpenditures
Administrative Expenses-120872AdministrativeExpenses
End Of Year Balance53681648EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance50278594BeginningOfYearBalance
Contributions562556Contributions
Investment Earnings Or Losses3387232InvestmentEarningsOrLosses
Grants Or Scholarships-1554631GrantsOrScholarships
Other Expenditures-1758029OtherExpenditures
Administrative Expenses-149233AdministrativeExpenses
End Of Year Balance50766489EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.28760BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.71240PermanentEndowmentEOYBalance
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule RfalseAreRelatedOrgsListedScheduleR

Land Land

FieldValueIRS element (for citing)
Investment Cost Or Other Basis1225000InvestmentCostOrOtherBasis
Other Cost Or Other Basis349265OtherCostOrOtherBasis
Book Value1574265BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Investment Cost Or Other Basis525000InvestmentCostOrOtherBasis
Other Cost Or Other Basis26277086OtherCostOrOtherBasis
Depreciation16588275Depreciation
Book Value10213811BookValue

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis6329608OtherCostOrOtherBasis
Depreciation1818573Depreciation
Book Value4511035BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis2072275OtherCostOrOtherBasis
Depreciation1743867Depreciation
Book Value328408BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings16627519TotalOfBookValueLandBuildings
Total Of Book Value Securities32468521TotalOfBookValueSecurities

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionAnnuity obligationsDescription
Amount$66,377Amount
FieldValueIRS element (for citing)
Total Of Amounts66377TotalOfAmounts
Total Revenue7673803TotalRevenue
Total Expenses14035128TotalExpenses
Excess Or Deficit For Year-6361325ExcessOrDeficitForYear
Excess Or Deficit Per FS-6361325ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt7752446TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities106000DonatedSrvcAndUseOfFacilities
Other Revenues98966OtherRevenues
Revenue Not Rptd F990204966RevenueNotRptdF990
Revenue Subtotal7547480RevenueSubtotal
Investment Expenses Not Included126323InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt126323RevenueNotRptdOnFinStmt
Total Revenue Per Form9907673803TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt14113771TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities106000DonatedServicesUseOfFacilities
Other Expenses Included98966OtherExpensesIncluded
Expenses Not Rptd F990204966ExpensesNotRptdF990
Expenses Subtotal13908805ExpensesSubtotal
Investment Expenses Not Included2126323InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt126323ExpensesNotRptdOnFinStmt
Total Expenses Per Form99014035128TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Part XIII, Line 2dPart XIII, Line 2d: Other expenses and losses per audited F/STrade Advertisements $72261 Cost of Sales - Gift Shop Inventory $26705
Part XII, Line 2dPart XII, Line 2d: Other revenue amounts included in F/S but not included on form 990Trade Advertisements $72261 Cost of Sales - Gift Shop Inventory $26705
Part V, Line 4Part 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

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmttrueNondiscriminatoryPolicyStmt
Policy Statement In Brochures EtctruePolicyStatementInBrochuresEtc
Policy Publ Via Broadcast MediafalsePolicyPublViaBroadcastMedia
Maint Racial Composition RecordstrueMaintRacialCompositionRecords
Maint Scholarships RecordstrueMaintScholarshipsRecords
Maint Copies Of Brochures EtctrueMaintCopiesOfBrochuresEtc
Maint Copies Of All SolicitationstrueMaintCopiesOfAllSolicitations
Discriminate Race Students RightsfalseDiscriminateRaceStudentsRights
Discriminate Race Admiss PoliciesfalseDiscriminateRaceAdmissPolicies
Discriminate Race Emplmn FacultyfalseDiscriminateRaceEmplmnFaculty
Discriminate Race ScholarshipsfalseDiscriminateRaceScholarships
Discriminate Race Educ PoliciesfalseDiscriminateRaceEducPolicies
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFclts
Discriminate Race Athletic ProgfalseDiscriminateRaceAthleticProg
Discriminate Race Other ActyfalseDiscriminateRaceOtherActy
Government Financial Aid ReceivedtrueGovernmentFinancialAidReceived
Government Financial Aid RevokedfalseGovernmentFinancialAidRevoked
Compliance With Rev Proc7550trueComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifierExplanationExplanation
Schedule E, Line 3 - Racially Nondiscriminatory Policy PublicizedAll 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 AgencyMusic Associates of Aspen, Inc. received contributions from the following governmental agencies:City of Aspen $ 97,305National Endowment for the Arts $ 20,000Town of Basalt $ 500

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Agreement Ref FundraisingfalseAgreementRefFundraising

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1Season BenefitNameOfEvent1
Gross Receipts Event1317045GrossReceiptsEvent1
Charitable Contributions Event1262083CharitableContributionsEvent1
Gross Revenue Event154962GrossRevenueEvent1
Food And Beverage Event118504FoodAndBeverageEvent1
Entertainment Event160241EntertainmentEvent1
Other Direct Expenses Event164924OtherDirectExpensesEvent1
Name Of Event2Opera BenefitNameOfEvent2
Gross Receipts Event2311894GrossReceiptsEvent2
Charitable Contributions Event2283294CharitableContributionsEvent2
Gross Revenue Event228600GrossRevenueEvent2
Rent Facility Costs Event2387RentFacilityCostsEvent2
Food And Beverage Event218905FoodAndBeverageEvent2
Entertainment Event22200EntertainmentEvent2
Other Direct Expenses Event252877OtherDirectExpensesEvent2
Total Number Of Other Events1TotalNumberOfOtherEvents
Gross Receipts Other Events73153GrossReceiptsOtherEvents
Gross Revenue Other Events73153GrossRevenueOtherEvents
Food And Beverage Other Events13898FoodAndBeverageOtherEvents
Other Direct Expenses Other Events14704OtherDirectExpensesOtherEvents
Gross Receipts Total702092GrossReceiptsTotal
Charitable Contributions Total545377CharitableContributionsTotal
Gross Revenue Total Events156715GrossRevenueTotalEvents
Rent Facility Costs Total Events387RentFacilityCostsTotalEvents
Food And Beverage Total Events51307FoodAndBeverageTotalEvents
Entertainment Total Events62441EntertainmentTotalEvents
Other Direct Expenses Total Events132505OtherDirectExpensesTotalEvents
Direct Expense Summary Events246640DirectExpenseSummaryEvents
Net Income Summary-89925NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained
No Grant More Than5000XNoGrantMoreThan5000
Total Nbr Of501 C3 And Govt Grants0TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations0TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)

Type Of GrantTypeOfGrantNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrantAmount Of Non Cash AssistanceAmountOfNonCashAssistanceMethod Of ValuationMethodOfValuationDescription Of Non Cash AssistanceDescriptionOfNonCashAssistance
Work Study26282168
Scholarships198521390FMVTuition
Fellowships2351259561218800FMVTuition/R&B
Dorm Asst - Room & Board1238400FMVRoom & Board

Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)

IdentifierIdentifierExplanationExplanation
Grantmaker's Description of How Grants are UsedThe MAA maintains a database of grant awards to ensure that these are appropriately distributed.
Additional Supplemental InformationPart 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

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceXHousingAllowanceOrResidence
Written Policy Re T And E ExpensestrueWrittenPolicyReTAndEExpenses
Substantiation RequiredtrueSubstantiationRequired
Compensation CommitteeXCompensationCommittee
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance PaymentfalseSeverancePayment
Supplemental Nonqual Retire PlanfalseSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException
Rebuttable Presumption ProcedurefalseRebuttablePresumptionProcedure

Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgTotal Compensation Filing OrgTotalCompensationFilingOrgOther Compensation Filing OrgOtherCompensationFilingOrgDeferred Comp Filing OrgDeferredCompFilingOrg
Molly McArdle
16589910447176346
Jennifer Elliot
15401873541907651932510068
Asadour Santourian
1239657019161613220008629
Alan Fletcher
32291061194303418906212250

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
IdentifierSch J, Part I, Line 1aIdentifier
Return ReferencePart I, Line 1a: Relevant information in regards to selections on 1a.ReturnReference

Schedule L IRS990ScheduleL

Form990 Schedule L Part III Form990ScheduleLPartIII (3 entries)

Name Of Interested PersonNameOfInterestedPersonRelationship With OrganizationRelationshipWithOrganizationAmount Of GrantAmountOfGrantType Of AssistanceTypeOfAssistance
Alejandro ValdepenasChild of Trustee-J. Valdepenas3100tuition forgiveness
George MeyerChild of Trustee-C. Heard3100tuition forgiveness
Allison MaseChild of Trustee-R. Mase3100tuition forgiveness

Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)

RelationshipRelationshipAmount Of TransactionAmountOfTransactionDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenues
Edgar Meyer
Trustee spouse12295Faculty compensationfalse
Renata Arado
Trustee spouse19648Faculty compensationfalse

Form990 Schedule L Part V Form990ScheduleLPartV

FieldValueIRS element (for citing)
ExplanationForm 990, Schedule L, Part IIITuition forgiveness is offered to all faculty dependents regardless of board member status.Explanation

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions16NumberOfContributions
Noncash Contribs Rptd F990136880NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
DescriptionGifts-in-kindDescription
Number Of Contributions28NumberOfContributions
Noncash Contribs Rptd F990186250NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeld
Review Process Unusual NC GiftstrueReviewProcessUnusualNCGifts
Third Parties UsedtrueThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

FieldValueIRS element (for citing)
IdentifierPart I, Line 32, Hire and Use of Third PartiesIdentifier
ExplanationThe MAA utilizes a broker to sell contributed securities.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Form 990, Part VI, Line 19Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableNo documents available to the public.
Form 990, Part VI, Line 15bForm 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key EmployeesThe 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 12cForm 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsUpon discovery, all conflicts of interest, including potential conflicts, are reported to the Executive Committee for appropriate resolution.
Form 990, Part VI, Line 11Form 990, Part VI, Line 11: Form 990 Review ProcessThe Form 990, along with all supporting schedules, is made available to the full board prior to filing.
Form 990, Part VI, Line 7aForm 990, Part VI, Line 7a: How Members or Shareholders Elect Governing BodyPer 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 6Form 990, Part VI, Line 6: Explanation of Classes of Members or ShareholderThe Corporation has voting and non-voting members.
Form 990, Part VI, Line 2Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, EtKay Bucksbaum and Ann Friedman, both members of the Board of Trustees, have a family relationship.