2011-04-18T20:48:18-05:00 2010-05-31 Plante & Moran PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2009-06-01 381689022 INTERLOCHEN CENTER FOR THE ARTS INTE 2312767200 PO Box 199 Interlochen MI 496430199 Patrick Kessel 2312767200 2011-04-11 1 VICKI L VANDENBERG CPA 2695674500 2009 2016-02-24 21:20:13Z PATRICK M KESSEL po box 199 interlochen MI 496430199 70093111 0 X www.interlochen.org X 1927 MI Interlochen Center for the Arts engages and inspires people worldwide through excellence in educational, artistic and cultural programs, enhancing the quality of life through the universal language of the arts. 34 33 1309 457 64091 60091 6788075 4649399 31069914 34367182 4488204 1045974 196538 56519 42542731 40119074 7388035 8896624 0 17736998 17209815 261127 160680 1317123 11021538 10659518 36407698 36926637 6135033 3192437 105470725 114923695 38560355 38536240 66910370 76387455 INTERLOCHEN CENTER FOR THE ARTS ENGAGES AND INSPIRES PEOPLE WORLDWIDETHROUGH EXCELLENCE IN EDUCATIONAL, ARTISTIC AND CULTURAL PROGRAMS,ENHANCING THE QUALITY OF LIFE THROUGH THE UNIVERSAL LANGUAGE OF THEARTS. 0 0 14461990 7562566 20387016 INTERLOCHEN ARTS ACADEMY, THE NATIOn's FIRST AND FOREMOST BOARDING FINEARTS HIGH SCHOOL, UNITES STUDENTS WITH OTHERS WHO VALUE THEIR HIGHESTASPIRATIONS, CREATING A CLOSE-KNIT ARTISTs' COMMUNITY. FIVE HUNDRED OFTHE WORLd's MOST TALENTED AND MOTIVATED YOUNG ARTISTS STUDY MUSIC,DANCE, THEATRE, VISUAL ARTS, CREATIVE WRITING AND MOTION PICTURE ARTSIN A COLLEGE-LIKE SETTING. THEY FIND IN THE ACADEMY A FAST-PACED,CREATIVE ENVIRONMENT THAT CHALLENGES, INSPIRES AND FOCUSES THEIRTALENTS. WHILE PRODUCING MORE THAN 250 ARTISTIC PRESENTATIONS IN THESCHOOL YEAR, ACADEMY STUDENTS ALSO MASTER A RIGOROUS COLLEGEPREPARATORY ACADEMIC CURRICULUM THAT PREPARES THEM TO TAKE PROMINENTROLES IN A WHOLE UNIVERSE OF PROFESSIONAL ENDEAVORS. DURING SCHOOLYEAR 2009/2010 THERE WERE 476 STUDENTS; 368 STUDENTS RECEIVED GRANTS. 10701873 1334058 10554068 THE WORLd's PREMIER SUMMER ARTS PROGRAM FOR ASPIRING ARTISTS GRADES 3THROUGH 12. INTERLOCHEN ARTS CAMP ATTRACTS STUDENTS, FACULTY AND STAFFFROM ALL 50 U.S. STATES,AND MORE THAN 40 COUNTRIES. THE WORLd's BESTAND BRIGHTEST STUDENTS TRAIN INTENSIVELY WITH WORLD CLASS INSTRUCTORSAND PRODUCE MORE THAN 400 PRESENTATIONS EACH SUMMER IN DANCE, THEATER,CREATIVE WRITING, VISUAL ARTS, MOTION PICTURE ARTS AND MUSIC. DURINGSUMMER 2009 THERE WERE 2,799 STUDENTS, OF WHICH 620 STUDENTS RECEIVEDGRANTS. 2024679 1837229 INTERLOCHEN PRESENTS BRINGS A WORLD OF SUPERB PRESENTATIONS TO THEDOORSTEP OF NORTHWEST LOWER MICHIGAN, ENHANCING THE REGIOn's POSITIONON THE GLOBAL ARTS MAP. MORE THAN 600 EVENTS EACH YEAR BY STUDENTS,FACULTY AND DISTINGUISHED GUEST ARTISTS MAKE INTERLOCHEN ONE OF THEnation's LARGEST ARTS PRESENTERS. THERE IS A COMBINED SEATING CAPACITYOF 12,500 AND APPROXIMATELY 130,000 ATTENDEES ANNUALLY. 1446199 18085 INTERLOCHEN PUBLIC RADIO THROUGH TWO LISTENER-SUPPORTED BROADCAST SERVICES, INTERLOCHEN PUBLIC RADIO CONNECTS NORTHWEST LOWER MICHIGAN WITH ARTS, NEWS AND CULTURE ON A GLOBAL SCALE. IPR ALSO GIVES SIGNIFICANT FOCUS TO LOCAL AND REGIONAL NEWS, INFORMATION AND ARTISTS, PROVIDING A TRUSTED CONTEXT FOR COMMUNITY DISCUSSION AND SHOWCASING THE VITALITY AND DIVERSITY OF THE GRAND TRAVERSE REGION. SERVING LISTENERS ALL OVER NORTHERN MICHIGAN - AND ALL OVER THE WORLD VIA THE INTERNET - IPR VALUES ITS POTENTIAL TO IMPACT INDIVIDUAL LIVES EVERY DAY, 24 HOURS A DAY. COVERAGE AREA INCLUDES MOST OF THE NORTHERN TWO-THIRDS OF LOWER MICHIGAN AND THE EASTERN THIRD OF THE UPPER PENINSULA OF MICHIGAN. 289238 386998 INTERLOCHEN COLLEGE OF CREATIVE ARTSINTERLOCHEN COLLEGE OF CREATIVE ARTS OFFERS AN ENGAGING - AND EVOLVING- SERIES OF CLASSES AND PROGRAMS FOR ADULTS CALLED "INTERLOCHEN FORLIFE." MEMBERS OF THE INTERLOCHEN COMMUNITY - OF ALL AGES - THRIVE ONOPPORTUNITIES TO LEARN AND EXPRESS THEMSELVES CREATIVELY AND ON THESTRONG RELATIONSHIPS THAT RESULT FROM SUCH MEANINGFUL ENDEAVORS. 1735437 405083 28923979 1 1 0 1 0 0 1 0 1 1 1 0 1 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 1 130 0 1 1309 1 1 1 1 CJ CA 0 0 0 1 1 0 0 0 34 33 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MI X Patrick M Kessel VP of Finance 2312767200 4000 M-137 PO Box 199 Interlochen MI 496430199 JEFFREY S KIMPTON 50.00 X X 377150 0 37809 WILLIAM T Alldredge 1.50 X X 0 0 0 JO ANN ARNOLD 1.50 X 0 0 0 KEITH W BAUM 1.50 X 0 0 0 NEIL M BRESSLER 1.50 X 0 0 0 RALPH J CERNY 1.50 X 0 0 0 NANCY BANKOFF CHALIFOUR 1.50 X 0 0 0 REBECCA-SEN CHAN 1.50 X 0 0 0 DON V COGMAN 1.50 X 0 0 0 BRUCE COPPOCK 1.50 X 0 0 0 CARL M DEFARIA 1.50 X 0 0 0 LEE W DENNISON 1.50 X 0 0 0 JANET S EIlBER 1.50 X 0 0 0 KENNETH C FISCHER 1.50 X 0 0 0 JOHN T HACKETT 1.50 X 0 0 0 STEVE HAYDEN 1.50 X X 0 0 0 JOHN F MANUEL 1.50 X 0 0 0 JOHN E MCGARRY 1.50 X 0 0 0 JOEL C MCNEELEY 1.50 X 0 0 0 THOMAS W MORRIS 1.50 X 0 0 0 JOHN H PETERSON 1.50 X 0 0 0 DAVID RHIND 1.50 X 0 0 0 JUDITH DOW TOWSLEY RUMELHART 1.50 X 0 0 0 JUDITH B SCHLABACH 1.50 X 0 0 0 SUMIT SENGUPTA 1.50 X 0 0 0 JAMES P SPICA 1.50 X 0 0 0 ELLIOT WEISSBLUTH 1.50 X 0 0 0 KATHERINE E WHITE 1.50 X 0 0 0 HON KURTIS T WILDER 1.50 X 0 0 0 KAREN WOLFF 1.50 X X 0 0 0 nadine m brunner 1.50 X 0 0 0 sarah s lutman 1.50 X 0 0 0 janine b mayville 1.50 X 0 0 0 john f witherspoon 1.50 X 0 0 0 Gary Mary 1.50 X 0 0 0 Sandra Drew 1.50 X 0 0 0 Julie Quinn 1.50 X 0 0 0 THOMAS M PAULSON 50.00 X 78957 0 15572 ANN L HANSON 50.00 X X 173508 0 8104 TIMOTHY WADE 50.00 X X 146132 0 17295 ERIC J SNOEK 50.00 X X 222352 0 23692 JUDY ROOT 50.00 X 53270 0 7396 PATRICK M KESSEL 50.00 X X 195844 0 17232 EDWARD FARRADAY 50.00 X X 192169 0 11466 BETH STONER 50.00 X 143576 0 11381 larry snyder 50.00 X 113951 0 15527 DEREK KWAN 50.00 X 108321 0 15523 kedrik merwin 50.00 X 100086 0 5267 steven hoffman 50.00 X 101343 0 16247 2006659 0 202511 11 0 1 0 blue cross blue sheild po box 660820 dallas TX 75266 group health insurance 1601641 citizens insurance 735 s garfield ave ste 120 traverse city MI 49686 insurance 238154 hirtle callaghan & co five tower bridge ste 500 conshohocken PA 19428 investment manager 194027 telecomp inc 3375 brighton henrietta townline rd rochester NY 14623 telemarketing 177047 delta dental 27500 stansbury street farmington MI 48334 group health insurance 176439 8 16007 20000 4613392 197718 4649399 Student tuition & fees 611610 31121909 31121909 CONCERT ADMISSIONS 711300 1545470 1545470 employee housing 721000 1002727 1002727 Other Department Incom 900099 516017 516017 other sales 900099 107951 107951 73108 73108 34367182 1349537 1349537 64091 64091 64091 64091 27999480 28303043 -303563 -303563 -303563 1663422 1670994 -7572 -7572 40119074 33183396 64091 2222188 7083434 7083434 1813190 1813190 1484850 441469 815187 228194 13547147 10964388 2036291 546468 4186 3157 822 207 1066565 873718 135310 57537 1107067 804224 255869 46974 100225 94794 5431 62900 62900 6500 6500 160680 160680 217001 217001 480950 5635 456140 19175 2500531 1646381 776337 77813 571859 571859 737755 615752 92681 29322 656194 394942 167979 93273 79825 40950 35574 3301 72586 740 71846 1996524 1597219 399305 272206 272206 Foods 967382 953119 11379 2884 CONTRACTED SERVICES 696531 650275 7882 38374 Artist Fees 670371 669071 1300 other personnel costs 214043 213993 50 uNRELATED BUSINESS INCO 10696 10696 345439 152322 186927 6190 36926637 28923979 6685535 1317123 6278445 8859169 2540940 2478711 2411153 1972345 70311 28658 1349092 1368216 479880 678885 75055736 34514072 41320129 40541664 48820580 55668220 861696 1961684 1338499 1366143 105470725 114923695 2369332 2057978 9246969 9558032 26300000 26300000 644054 620230 38560355 38536240 X 43142359 51664628 2668310 3831869 21099701 20890958 66910370 76387455 105470725 114923695 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6500 6500 36920137 36926637 1000000 250000 0 0 1000000 1000000 1000000 3000000 4500000 6089 6375 6500 18964 250000 250000 250000 750000 1125000 Part IV, Supplemental Information: schedule c, part II-a, line 2 ONLY COLUMNS (b) THROUGH (E) HAVE BEEN COMPLETED AS INTERLOCHEN CENTER FOR THE ARTS MADE ITS FIRST SECTION 501(H) ELECTION DURING THE TAX YEAR ENDED MAY 31, 2008. THIS FIRST SECTION 501(H) ELECTION WAS NOT REVOKED BEFORE THE START OF THE TAX YEAR THAT BEGAN JUNE 1, 2009. X X X 0 42732022 7907582 5957299 656254 2040713 53899936 56484482 2959933 -14481271 792694 1438428 0 42732022 0.59950 0.40050 0 0 480181 480181 51915989 24159850 27756139 2964413 1380563 1583850 19550010 8973659 10576351 145143 145143 40541664 annuities payable 620230 620230 40119074 36926637 3192437 6284648 6284648 9477085 38961160 6284648 1454062 7738710 31222450 8896624 8896624 40119074 29484075 1454062 1454062 28030013 8896624 8896624 36926637 Part III, Line 1a: IN 1969, LELAND B. GREENLEAF, PRESIDENT OF THE CONN CORPORATION, DONATED A LARGE COLLECTION OF MUSICAL INSTRUMENTS TO INTERLOCHEN CENTER FOR THE ARTS. THE COLLECTION CONSISTS OF 250 INSTRUMENTS AND A COMPLETE SET OF BRASS MOUTH PIECES. MANY OF THE INSTRUMENTS WERE MADE BEFORE 1900. THE LELAND B. GREENLEAF COLLECTION WAS APPRAISED RECENTLY WITH A VALUE OF APPROXIMATELY $275,000. Part III, Line 4: AS AN EDUCATIONAL INSTITUTION FOCUSED ON THE ARTS, THE LELAND B. GREENLEAF COLLECTION FURTHERS OUR EXEMPT PURPOSE BY EXPOSING OUR STUDENTS TO THE EARLY HISTORY OF MUSIC AND MUSICAL INSTRUMENTS. Part V, Line 4: Description of Intended Use of Endowment Funds: THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED TO SUPPORT ANNUAL SCHOLARSHIPS, OPERATIONS AND CAPITAL NEEDS. THE BOARD OF TRUSTEES OF INTERLOCHEN CENTER FOR THE ARTS HAS ADOPTED A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR 4.6 PERCENT OF ITS ENDOWMENT FUNDS' AVERAGE FAIR MARKET VALUE OVER THE PRIOR THREE YEARS. Part XII, Line 2d - Other Adjustments: COST of Goods sold: 1670994. TELEphone volume discount rebate: 69. investment management fees: -217001. Part XII, Line 4b - Other Adjustments: Financial aid: 8896624. Part XIII, Line 2d - Other Adjustments: COST of Goods sold: 1670994. TELEphone volume discount rebate: 69. investment management fees: -217001. Part XIII, Line 4b - Other Adjustments: Financial aid: 8896624. 1 1 1 OUR NONDISCRIMINATION POLICY STATEMENT IS INCLUDED IN PUBLICITY RELEASES, BROCHURES, CATALOGS, ADVERTISING MATERIALS AND ON OUR WEBSITE - ALL AVAILABLE UPON REQUEST 1 1 1 1 0 0 0 0 0 0 0 0 1 0 INTERLOCHEN CENTER FOR THE ARTS RECEIVES GRANT FUNDING FROM THE MICHIGAN COUNCIL FOR ARTS AND CULTURAL AFFAIRS. A SMALL PORTION OF THIS GRANT IS PROVIDED BY THE NATIONAL ENDOWMENT FOR THE ARTS. 1 0 0 0 student financial aid north america 14 155900 cash not awarded, grant offsets tuition owed 0 student financial aid central america & caribbean 13 208000 cash not awarded, grant offsets tuition owed 0 student financial aid south america 27 192950 cash not awarded, grant offsets tuition owed 0 student financial aid europe 16 164895 cash not awarded, grant offsets tuition owed 0 student financial aid middle east & north africa 5 20100 cash not awarded, grant offsets tuition owed 0 student financial aid sub-saharan africa 7 158000 cash not awarded, grant offsets tuition owed 0 student financial aid east asia & pacific 51 840295 cash not awarded, grant offsets tuition owed 0 student financial aid south asia 7 73050 cash not awarded, grant offsets tuition owed X X X X X X 1 telecomp inc telemarketing 0 289327 160680 128647 289327 160680 128647 MI FL PA 1 student financial aid 848 7083434 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: THE GRANTS AWARDED BY INTERLOCHEN CENTER FOR THE ARTS ARE SCHOLARSHIPS FOR HIGH SCHOOL OR CAMP STUDENTS. SCHOLARSHIPS ARE NOT PAID OUT IN THE FORM OF CASH BUT RATHER USED TO OFFSET THE TUITION OWED FOR THE STUDENT. AS SUCH, THERE IS NO PROCEDURE NECESSARY FOR MONITORING THE GRANTS. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JEFFREY S KIMPTON 329900 0 47250 0 0 0 9391 0 30314 0 416855 0 0 0 ANN L HANSON 158508 0 15000 0 0 0 8104 0 421 0 182033 0 0 0 TIMOTHY WADE 135632 0 10500 0 0 0 8018 0 19238 0 173388 0 0 0 ERIC J SNOEK 212052 0 10300 0 0 0 12214 0 11899 0 246465 0 0 0 PATRICK M KESSEL 178844 0 17000 0 0 0 8965 0 8688 0 213497 0 0 0 EDWARD FARRADAY 174669 0 17500 0 0 0 7647 0 4240 0 204056 0 0 0 BETH STONER 133396 0 10180 0 0 0 7563 0 4240 0 155379 0 0 0 Part I, Line 1a DURING CALENDAR 2009 ICA PURCHASED AN AIRLINE TICKET FOR THE PRESIDENt's WIFE ON two OCCASIONS AS PART OF A DONOR CULTIVATION TRIP. The tickets were not treated as taxable compensation for the President. ICA PROVIDES A RESIDENCE FOR PERSONAL USE TO THE PRESIDENT AND VICE PRESIDENT OF STUDENT SERVICES. THE RESIDENCE FOR THE PRESIDENT AND VICE PRESIDENT OF STUDENT SERVICES ARE LOCATED ON ICa's CAMPUS, ARE PROVIDED FOR THE CONVENIENCE OF ICA, AND THE PRESIDENT AND VICE PRESIDENT OF STUDENT SERVICES ARE REQUIRED TO ACCEPT THE LODGING AS A CONDITION OF THEIR EMPLOYMENT. THE PRESIDENt's RESIDENCE IS USED REGULARLY FOR BUSINESS RELATED FUNCTIONS. AS SUCH, THE BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION FOR EITHER EMPLOYEE. the economic development corporation of the township of green lake 522043802 393096ab8 2004-08-11 26300000 see schedule k, supplemental information for description of purpose 0 0 26494241 319656 7175169 2006 1 0 1 1 0 0 0 0 0 1 0 1 0 1 pallas capital corporation 2.000000000000 0 0 1 byron hanson family member of ann hanson,vice president of human resources 58025 employment- byron is an archivist for interlochen center for the arts, there is not a direct report relationship with ann hanson. 0 X 24 197718 see part II 0 1 1 Method for Determining Number of Contributors: Part I, Column (b): THE "NUMBER OF CONTRIBUTIONS", REPRESENTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS OR SHARES CONTRIBUTED. Third Party Use: Part I, Line 32b: iNTERLOCHEN CENTER FOR THE ARTS UTILIZES A THIRD PARTY BROKER, THE HUNTINGTON INVESTMENT COMPANY, TO SELL NONCASH CONTRIBUTIONS OF SECURITIES (STOCKS, BONDS, ETC). THE BROKER TAKES A REASONABLE FEE OUT OF THE SALE PROCEEDS. Schedule M, Part 1, column (d) THE AVERAGE PRICE BETWEEN THE HIGHEST AND LOWEST QUOTED SELLING PRICE ON THE DATE THE SECURITY IS RECEIVED IS USED TO DETERMINE THE CONTRIBUTION REVENUE THAT IS RECORDED. IF THERE ARE NO SALES ON THE DATE THE SECURITY IS RECEIVED THEN THE AVERAGE PRICE BETWEEN THE HIGHEST AND LOWEST SALES PRICE ON THE NEAREST DATE BEFORE AND ON THE NEAREST DATE AFTER THE SECURITY IS RECEIVED IS USED TO DETERMINE THE CONTRIBUTION REVENUE THAT IS RECORDED, ASSUMING THAT THERE WERE SALES OF THE SECURITY WITHIN A REASONABLE PERIOD BEFORE AND AFTER THE DATE IT IS RECEIVED. Form 990, Part VI, Section B, line 11 THE FORM 990 IS PREPARED BY INTERLOCHEN CENTER FOR THE ARTS ("ICA") ACCOUNTANT AND CONTROLLER. BY BOARD OF TRUSTEE POLICY, THE DRAFT OF THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE, PRESIDENT, AND THE CHAIR OF BOARD OF TRUSTEES. AT HIS/HER DISCRETION, THE CHAIR OF THE BOARD OF TRUSTEES MAY REVIEW THE DRAFT FORM 990 WITH THE CHAIR OF THE AUDIT COMMITTEE. CONCURRENT WITH THE AFOREMENTIONED REVIEWS, THE DRAFT OF THE FORM 990 IS REVIEWED BY ICa's EXTERNAL AUDITING FIRM, PLANTE & MORAN, PLLC ("PLANTE & MORAN"). WHEN THE FORM 990 IS FINALIZED, IT IS SIGNED BY THE VICE PRESIDENT OF FINANCE AND PLANTE & MORAN, AS THE "PREPARER". Form 990, Part VI, Section B, line 12c INTERLOCHEN CENTER FOR THE ARTS ("ICA") CONFLICT OF INTEREST POLICY AND ANNUAL DISCLOSURE REQUIREMENTS COVER ALL BOARD OF TRUSTEE MEMBERS (ELECTED AND EX-OFFICIO) AND OFFICERS. THE ANNUAL DISCLOSURES ARE ACCUMULATED AND MAINTAINED BY THE CORPORATE SECRETARY. THEY ARE AVAILABLE FOR REVIEW BY THE ICA PRESIDENT AND CHAIR OF THE BOARD OF TRUSTEES. IF A BOARD OF TRUSTEE MEMBER HAD A CONFLICT INVOLVING A MATTER BEFORE THE BOARD THEN THEY WOULD REMOVE THEMSELVES FROM THE DELIBERATION AND DECISION MAKING PROCESS. Form 990, Part VI, Section B, line 15 THE BOARD OF TRUSTEES CREATES AN AD HOC PRESIDENTIAL REVIEW COMMITTEE WHICH ANNUALLY REVIEWS THE COMPENSATION OF INTERLOCHEN CENTER FOR THE ARTS PRESIDENT. THERE ARE A VARIETY OF INPUTS FOR THE COMMITTEE, INCLUDING A SELF-EVALUATION, GOALS COMPLETION, AND THE BALANCE BETWEEN VARIOUS EMPLOYEE CLASSES. IN ADDITION, THE COMMITTEE REVIEWS NATIONAL COMPENSATION cOMPARISONS WITH NON-PROFITS OF SIMILAR SIZE AND STATURE TO INTERLOCHEN CENTER FOR THE ARTS. ONCE THE REVIEWS ARE COMPLETE, THE COMMITTEE MAKES A SALARY RECOMMENDATION TO THE FULL BOARD OF TRUSTEES WHICH THEN VOTES ON THE MATTER. THIS PROCESS WAS LAST UNDERTAKEN IN OCTOBER 2010. THE BOARD OF TRUSTEES ANNUALLY CREATES AN AD HOC PRESIDENTIAL REVIEW COMMITTEE. THE iNTERLOCHEN CENTER FOR THE ARTS ("ICA") PRESIDENT MAKES COMPENSATION RECOMMENDATIONS FOR ICa's OFFICERS TO THE PRESIDENTIAL REVIEW COMMITTEE. THE PRESIDENt's RECOMMENDATIONS ARE BASED ON SELF-EVALUATIONS,GOALS COMPLETION, AND THE BALANCE BETWEEN VARIOUS EMPLOYEE CLASSES. THE PRESIDENT ALSO REVIEWS NATIONAL COMPENSATION COMPARISONS WITH NON-PROFITS OF SIMILAR SIZE AND STATURE TO ICA. THE PRESIDENt's COMPENSATION RECOMMENDATIONS ARE DISCUSSED AND REVIEWED BY THE PRESIDENTIAL REVIEW COMMITTEE. THE COMMITTEE MAKES COMPENSATION RECOMMENDATIONS TO THE FULL BOARD OF TRUSTEES WHICH THEN VOTES ON THE MATTER. THIS PROCESS WAS LAST UNDERTAKEN IN OCTOBER 2010 FOR THE FOLLOWING ICA EMPLOYEE POSITIONS: VICE PRESIDENT OF HUMAN & INSTITUTIONAL RESOURCES, VICE PRESIDENT OF FINANCE, VICE PRESIDENT OF ADVANCEMENT, VICE PRESIDENT OF MEDIA, VICE PRESIDENT OF STUDENT AFFAIRS AND VICE PRESIDENT OF EDUCATION PROGRAMS. Form 990, Part VI, Section C, line 19 INTERLOCHEN CENTER FOR THE ARt's ("ICA") GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE POSTED ON ICa's WEBSITE. Form 990, Part VII, Section A, Line 1a, Column (B) The Vice President of advancement worked an average of .2 hours per week devoted to a related organization, Canadian Friends of Interlochen. Form 990, Part XI, Line 2c The process for the oversight of the audit has not changed from the prior year. Schedule K Supplental Information REFUND $16,100,000 BOND ISSUE OF JUNE 1997. REFUND $2,850,000 BANK TERM NOTE. Construct creative writing building, addition to harvey theatre building, miscellaneous renovations and capital items. canadian friends of interlochen (corp #4436407) po box 9401 station a toronto CA m5w 4e1 scholarships to advance education for students attending ica CA N/A 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0