2011-12-15T10:26:16-06:00 2011-09-30 SCHENCK SC PO BOX 23819 GREEN BAY WI 543053819 990 2010-10-01 391691920 PENINSULA MUSIC FESTIVAL INC PENI 9208544060 PO BOX 340 EPHRAIM WI 54211 WILLIAM MILLER 9208544060 2011-11-29 1 LEROY W MATUSZAK 9204367800 2011-11-29 2010 2016-02-24 21:20:13Z WILLIAM MILLER PO BOX 340 EPHRAIM WI 54211 826379 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. 14 14 5 112 0 0 604919 612718 189091 207921 300 629 5895 2977 800205 824245 159641 157758 0 0 106339 114752 0 0 45143 512865 516227 778845 788737 21360 35508 155543 189664 45183 43796 110360 145868 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. 0 0 528623 2500 207921 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 IN ITS 59TH 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 26 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 19 YEARS, THE OPERATING BUDGET OF THE PMF HAS GROWN FROM $127,000 TO NEARLY $700,000. THE ENDOWMENT HAS GROWN FROM $450,000 TO MORE THAN $3.6 MILLION IN 11 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 FOUR YEARS, THE ADMINISTRATIVE PORTION OF THE BUDGET ONLY GREW AT A RATE OF 1%. THE ENDOWMENT HAS REGAINED MUCH OF THE LOSS SUFFERED BY THE DOWNTURN IN THE ECONOMY AND EVERY PLEDGE MADE BY DONORS HAS BEEN FULFILLED. THROUGH THE EFFORTS OF THE BOARD OF DIRECTORS, A VERY LARGE CONTRIBUTION TO THE ENDOWMENT WAS SECURED THIS YEAR AND ANOTHER PRINCIPAL CHAIR WAS ENDOWED. 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. THE PMF PRESENTED NINE CONCERTS IN THREE WEEKS AND ALSO RELEASED A DVD WITH THE ENTIRE STEWART GOODYEAR PIANO CONCERTO, WHICH WAS COMMISSIONED THE PREVIOUS YEAR. THE PMF WAS ALSO FEATURED WORLD-WIDE ON CLASSICAL MUSIC DISCOVERIES. THE PMF 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 OFFSEASON 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 AREA AFFECT THE PMF, HOWEVER, THROUGH A WELL ORGANIZED MARKETING PLAN, THE PMF SAW A 9% INCREASE IN TICKET SALES OVER THE PREVIOUS YEAR. THE PMF WORKED WITH THE ROADS SCHOLAR PROGRAM (FORMERLY ELDER HOSTEL) TO PRESENT A ONE-WEEK PROGRAM ON THE HISTORY AND WORKINGS OF THE PMF. 21 TRAVELERS PARTICIPATED IN THE PROGRAM. THIS PROGRAM HAS BEEN BOOKED FOR 2012, 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 LEAGUE 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. 2012 WILL BE THE 60TH SEASON OF THE PMF, WHICH PROMISES TO BE A GREAT CELEBRATION. 155258 155258 PROVIDING OPERATING GRANTS TO THE THOR JOHNSON ENDOWMENT TRUST, A 501(C)(3) ORGANIZATION. 683881 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 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 1 5 1 0 0 0 0 0 0 0 0 0 0 X 14 14 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 3.50 X X 0 0 0 JACK ZILAVY 1.00 X X 0 0 0 ORREN BRADLEY 1.00 X X 0 0 0 WILLIAM MILLER 2.00 X X 0 0 0 SUE STONE 4.00 X X 0 0 0 JOHN PELLEGRINO 0.50 X 0 0 0 NORMA BRAMSEN 2.00 X 0 0 0 MARILYN PETERSON 2.00 X 0 0 0 VIRGINIA EADES 1.00 X 0 0 0 CYNTHIA SARGENT 0.50 X 0 0 0 DIANE TRENCHARD 2.00 X 0 0 0 STEPHANIE VITTUM 0.50 X 0 0 0 CHALLONER BROWN 2.00 X 0 0 0 JUNE MAEDER 0.50 X 0 0 0 SHARON GRUTZMACHER 40.00 X 59910 0 3065 59910 0 3065 0 0 0 0 0 318016 294702 18476 612718 CONCERT REVENUE 711300 207921 207921 207921 629 629 171 171 2402 0 2402 2402 1662 2134 -472 -472 MISCELLANEOUS REVENUE 900099 876 876 876 824245 207921 0 3606 155258 155258 2500 2500 66514 33258 9976 23280 37528 16696 12820 8012 1126 501 385 240 3488 1652 853 983 6096 2926 1347 1823 22570 22570 121350 121350 33418 33418 41521 31621 5513 4387 32440 23677 4663 4100 1377 661 304 412 3230 1593 695 942 ORCHESTRA/FESTIVAL EXPE 243939 243939 MISCELLANEOUS 11369 11318 51 DUES AND LICENSES 2658 1276 587 795 RECOGNITION 2355 2237 118 788737 683881 59713 45143 X 18922 25419 41127 37245 330 1100 3226 2188 6406 9719 103141 20839 85532 82302 31691 155543 189664 37056 22146 8127 21650 45183 43796 X 109110 114177 1250 31691 110360 145868 155543 189664 35508 0 X 0 1 0 X 0 X 238972 567248 756440 604919 609546 2777125 238972 567248 756440 604919 609546 2777125 326709 2450416 2767 618 368 503 800 5056 36207 27260 27621 19833 21564 132485 1621 144 137 1441 876 4219 2918885 973129 0.83950 0.57330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3402948 360306 48175 162758 3648671 3324555 18750 223784 164141 3402948 3363038 220305 82324 341112 3324555 0.04050 0.76100 0.19850 0 1 1 103141 20839 82302 82302 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: PENINSULA MUSIC FESTIVAL, INC. AND THOR JOHNSON ENDOWMENT TRUST ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATIONS' TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION ON UNRELATED BUSINESS INCOME. IN ADDITION, THE ORGANIZATIONS QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS UNDER SECTION 509(A)(2). THE ORGANIZATIONS ARE ALSO EXEMPT FROM WISCONSIN INCOME TAXES. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES ARE INCLUDED IN MANAGEMENT AND GENERAL EXPENSES, IF APPLICABLE. THE ORGANIZATIONS HAD NO INTEREST AND PENALTIES RELATED TO INCOME TAXES FOR THE YEAR ENDED SEPTEMBER 30, 2011. THE ORGANIZATIONS' FEDERAL RETURNS ARE SUBJECT TO EXAMINATION GENERALLY FOR THREE YEARS AFTER THEY ARE FILED AND ITS STATE RETURNS ARE SUBJECT TO EXAMINATION GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED. 1 THOR JOHNSON ENDOWMENT TRUST PO BOX 340 EPHRAIM WI 54211 391791596 501(C)(3) 155258 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. 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 EMPLOYEES AND 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