2023-11-14T18:01:45-06:00 2022-12-31 951777440 GREEN HASSON & JANKS LLP 700 SOUTH FLOWER STREET SUITE 3300 LOS ANGELES CA 90017 990 2022-01-01 951525814 MUSIC ACADEMY OF THE WEST MUSI 8059694726 1070 FAIRWAY DRIVE SANTA BARBARA CA 93108 MIMI DO CFO & VP OF ADMIN. 8059694726 2023-11-14 1 MIMI DO 999009999 0 LIZBETH G NEVAREZ P01399868 3108731600 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SCOTT REED 1070 FAIRWAY DRIVE SANTA BARBARA CA 93108 19902960 0 X WWW.MUSICACADEMY.ORG X 1947 CA THE MUSIC ACADEMY OF THE WEST MAKES A UNIQUE AND ENDURING CONTRIBUTION TO THE WORLD OF MUSIC BY ADVANCING THE DEVELOPMENT OF THE NEXT GENERATION OF GREAT CLASSICALLY TRAINED MUSICIANS AND CULTIVATING DISCERNING, APPRECIATIVE, AND ADVENTUROUS AUDIENCES. 25 25 84 300 0 0 13280926 10074567 374280 871710 1669364 1654902 120035 262866 15444605 12864045 140500 142700 0 0 3650607 4233273 23205 16852 2171311 6853745 9598855 10668057 13991680 4776548 -1127635 120750921 109781718 12030205 11288037 108720716 98493681 X THE MUSIC ACADEMY OF THE WEST MAKES A UNIQUE AND ENDURING CONTRIBUTION TO THE WORLD OF MUSIC BY ADVANCING THE DEVELOPMENT OF THE NEXT GENERATION OF GREAT CLASSICALLY TRAINED MUSICIANS AND CULTIVATING DISCERNING, APPRECIATIVE, AND ADVENTUROUS AUDIENCES. 0 0 6456069 27550 691397 MUSIC ACADEMY PRESENTS AN ANNUAL FULL-SCHOLARSHIP SUMMER SCHOOL AND FESTIVAL FOR 135 CLASSICALLY TRAINED FELLOWS AGES 18 TO 34. IN 2022, FOR 8 INTENSIVE WEEKS, OUR FELLOWS STUDIED WITH OVER 50 EXCEPTIONAL TEACHING ARTISTS, PERFORMED IN MORE THAN 100 CONCERTS AND MASTERCLASSES, AND FORGED CLOSE CONNECTIONS WITH THE COMMUNITY THROUGH OUR UNIQUE COMPEER PROGRAM. MUSIC ACADEMY ALSO SEEKS TO ENGAGE DIVERSE AUDIENCES BY OFFERING $10 COMMUNITY ACCESS TICKETS, WELCOMING EVERYONE FROM ACROSS ALL GENERATIONS, CULTURES, AND BACKGROUNDS TO EXPERIENCE THE TRANSFORMATIVE POWER OF MUSIC. FELLOWS ALSO RECEIVE ENTREPRENEURIAL AND LEADERSHIP TRAINING OPPORTUNITIES AS PART OF THE SUMMER CURRICULUM, AND WELLNESS SERVICES AS PART OF OUR "LIVE WELL, PERFORM WELL" PHILOSOPHY. 3695415 115150 180313 YEAR-ROUND, THE MUSIC ACADEMY CONTINUES ITS COMMITMENT TO UNPARALLELED MENTORSHIP AND CAREER-ADVANCING PROSPECTS, AS WELL AS MUSIC EDUCATION AND PERFORMANCE. THE SING! PROGRAM IS A FREE, AFTER-SCHOOL CHORAL PROGRAM FOR LOCAL ELEMENTARY STUDENTS, WHICH AIMS TO INSPIRE PERSONAL GROWTH AND EXPRESSION THROUGH MUSIC. 2022 ACTIVITIES INCLUDED 6 ELEMENTARY SCHOOL SITES, PARTNERSHIP WITH THE YOUNG PEOPLE'S CHORUS OF NY, AND PERFORMANCES INCLUDING ONE WITH THE LONDON SYMPHONY ORCHESTRA (LSO). AS PART OF THE ONGOING ORCHESTRA EXCHANGE PARTNERSHIP WITH THE LSO, THE MUSIC ACADEMY PRESENTED 3 CONCERTS WITH THE LSO IN SANTA BARBARA, AND HAD 3 10-DAY RESIDENCE IN LONDON FOR 38 MUSICIANS TO STUDY AND PERFORM SIDE-BY-SIDE WITH THE LSO. INNOVATION PROGRAMS YEAR-ROUND INCLUDED SEMINARS AND THE ALUMNI ENTERPRISE AWARDS, SUBSTANTIAL GRANTS GIVEN ANNUALLY FOR A WIDE RANGE OF CREATIVE PROJECTS. THE MUSIC ACADEMY ALSO ENGAGED THE BROADER COMMUNITY THROUGH ITS VOLUNTEER AUXILIARY, MET LIVE BROADCASTS, THE FALL MARIPOSA CONCERT SERIES, AND BY OFFERING ITS CAMPUS SPACES TO LOCAL MUSIC TEACHERS AND PERFORMING ARTS ORGANIZATIONS. 10151484 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 1 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 278 0 1 84 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MIMI DO 8059694726 1070 FAIRWAY DRIVE SANTA BARBARA CA 93108 EILEEN SHERIDAN CHAIR 20.00 X X 0 0 0 PHILIP BERNSTEIN VICE CHAIR 20.00 X X 0 0 0 JERROLD EBERHARDT SECRETARY 15.00 X X 0 0 0 ELLEN BARGER DIRECTOR 15.00 X 0 0 0 JUDY ASTBURY DIRECTOR 5.00 X 0 0 0 MARGE CAFARELLI DIRECTOR 5.00 X 0 0 0 DEAN CARTER DIRECTOR 5.00 X 0 0 0 MALLY CHAKOLA DIRECTOR 5.00 X 0 0 0 CLIVE CHANG DIRECTOR 5.00 X 0 0 0 TED CRONIN DIRECTOR 5.00 X 0 0 0 DIANNE DUVA DIRECTOR 5.00 X 0 0 0 BRIDGET FOREMAN DIRECTOR 5.00 X 0 0 0 PAUL GUIDO DIRECTOR 5.00 X 0 0 0 ASHLEY HOLLISTER DIRECTOR 5.00 X 0 0 0 HEEJUNG KIM DIRECTOR 5.00 X 0 0 0 KANDY LURIA BUDGOR DIRECTOR 5.00 X 0 0 0 THOMAS ORLANDO DIRECTOR 5.00 X 0 0 0 GAMBLE PARKS DOUVILLE DIRECTOR 5.00 X 0 0 0 DANNER SCHEFLER DIRECTOR 5.00 X 0 0 0 STEPHANIE SHUMAN DIRECTOR 5.00 X 0 0 0 MAURICE SINGER DIRECTOR 5.00 X 0 0 0 PATRICK SPENCE DIRECTOR 5.00 X 0 0 0 PAM STROBEL DIRECTOR 5.00 X 0 0 0 TIM TAYLOR DIRECTOR 5.00 X 0 0 0 PETER ZIEGLER DIRECTOR 5.00 X 0 0 0 SCOTT REED PRESIDENT & CEO 40.00 X 501663 0 71093 MIMI DO CFO & VP OF ADMINISTRATION 40.00 X 205961 0 19194 JAMIE BROUMAS CHIEF ARTISTIC OFFICER 40.00 X 234112 0 29113 JONATHAN BISHOP CHIEF ADVANCEMENT OFFICER 40.00 X 254408 0 11723 ANA PAPAKHIAN CHIEF MARKETING & COMMUNICATIONS OFFICER 40.00 X 173177 0 38628 CASEY MOLINO DUNN VP OF INNOVATION & PROGRAM DEVELOPMENT 40.00 X 145187 0 17212 JILL RODE DIR OF LEGACY GIVING 40.00 X 150001 0 7882 JONATHAN LEE CHAN MANAGER OF PRODUCTION & TECHNOLOGY 40.00 X 104699 0 7650 TIFFANY DEVRIES DEAN 40.00 X 147235 0 27146 MARCIA SWIRES SR DIR FINANCE & ADMINISTRATION 40.00 X 117517 0 27862 2033960 0 257503 11 0 1 0 LONDON SYMPHONY ORCHESTRA BARBICAN CENTRE SILK STREET LONDON UK EC2Y 8DS ARTIST FEES 621436 SANTA BARBARA CENTER FOR THE PERFORMING 1214 STATE STREET SANTA BARBARA CA 93101 PERFORMANCE PRODUCTION 212181 SEASONS CATERING 2646 PALMA DRIVE 255 VENTURA CA 93003 CATERING 155391 CLASSIC CHARTER INC PO BOX 288 VISALIA CA 93279 CHARTER BUSES 149886 FRANK SCHIPPER CONSTRUCTION CO 610 EAST COTA STREET SANTA BARBARA CA 93103 CONSTRUCTION 144297 7 575722 225000 9273845 627491 10074567 CONCERTS & RECITALS 900099 606964 606964 VENUE & STUDIO RENTALS 900099 180313 180313 APPLICATION FEES 900099 84433 84433 871710 1535800 1535800 54900 0 54900 54900 54900 1524572 5558421 1523070 5440821 1502 117600 119102 119102 113041 575722 73372 39669 39669 6103 1652 4451 4451 17894 0 17894 17894 MISCELLANEOUS 900099 145952 145952 145952 12864045 871710 0 1917768 15000 15000 107700 107700 20000 20000 1539072 880373 203979 454720 2201623 1255204 287803 658616 51458 26921 6800 17737 212400 131688 32879 47833 228720 142052 22223 64445 13000 13000 134029 134029 16852 16852 218997 218997 202450 30411 172039 336251 257461 78790 131410 45054 23728 62628 237498 112731 61268 63499 788611 543675 194753 50183 1974347 1934625 5921 33801 382285 131754 154350 96181 1153928 1012541 118849 22538 101688 34618 40554 26516 ARTISTIC & EDUCATIONAL 3411591 3392241 19350 MEALS & ENTERTAINMENT 74479 58 21 74400 CULTIVATION 27108 0 1742 25366 EQUIPMENT 2045 2045 409138 75332 147989 185817 13991680 10151484 1668885 2171311 1226580 700062 4686776 3308562 7865545 9208610 42866 30515 113861 89188 49964948 13613827 40821359 36351121 44915230 41523522 15962967 14324447 5115737 4245691 120750921 109781718 920936 1165790 462890 25945 10646379 10096302 12030205 11288037 X 90355438 80923845 18365278 17569836 108720716 98493681 120750921 109781718 X -1127635 -8439936 -659464 X 0 1 X 1 0 X 13195128 6113718 8314939 13280926 10074567 50979278 13195128 6113718 8314939 13280926 10074567 50979278 13421811 37557467 833608 3086815 973045 1726549 1590700 8210717 24316 44120 68436 57349 14126 54677 14005 145952 286109 59544540 5044243 0.63070 0.57580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 52493567 2233091 -6336356 2685476 45704826 43476645 4300950 7007525 2291553 52493567 40150733 1550220 3207930 1432238 43476645 33516498 1599840 6391517 1357122 40150733 31527612 4114852 -587891 1538075 33516498 0.98310 0.01690 0.00000 0 0 724914 724914 43697627 11143992 32553635 1562963 908427 654536 3979444 1561408 2418036 36351121 HEDGE FUNDS 9644021 F PRIVATE EQUITY PARTNERSHIPS 3588706 F OTHER 1091720 F 14324447 X 3555787 -8439936 -649325 -9089261 12645048 218997 218997 12864045 13782822 10139 10139 13772683 218997 218997 13991680 PART V, LINE 4: THE INTENTION OF THE ENDOWMENTS IS TO SUPPORT THE OPERATIONS OF THE ACADEMY. PART X, LINE 2: MUSIC ACADEMY OF THE WEST RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. DURING THE YEAR ENDED DECEMBER 31, 2022, MUSIC ACADEMY OF THE WEST PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MIGHT HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUSTS -649,325. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 10,139. 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL ADVERTISEMENTS IN NATIONAL MAGAZINES SOLICITING STUDENT ENROLLMENT INCLUDE A SEPARATE STATEMENT OF THE ACADEMY'S NON-DISCRIMINATION POLICY. SCHEDULE E, PART I, LINE 4 IN ACCORDANCE WITH THE ACADEMY'S COMPLETELY NON-DISCRIMINATORY POLICY, NO RECORDS OF THE RACIAL COMPOSITION OF ITS STUDENT BODY, FACULTY OR STAFF ARE MAINTAINED. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED A CALIFORNIA VENUES GRANT DURING THE FILING TAX YEAR. 1 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 20000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 3630337 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 4812972 0 0 0 0 0 0 8463309 0 8463309 EAST ASIA AND THE PACIFIC ALUMNI ENTERPRISE AWARD 20000 WIRE TRANSFER 0 0 1 0 0 0 0 0 0 PART I, LINE 2: RECIPIENTS OF THE ALUMNI ENTERPRISE AWARDS ARE REQUIRED TO SUBMIT PROGRESS REPORTS AT THE END OF EACH QUARTER, AND ONE FINAL REPORT AT THE END OF THE YEAR. REPORTS MUST DETAIL THE ACTIVITIES THAT TOOK PLACE, CHALLENGES FACED AND LESSONS LEARNED, IMPACT ON EXTERNAL CONSTITUENTS AS WELL AS THE PROFESSIONAL DEVELOPMENT OF THE ARTIST, A BUDGET REPORT OF HOW FUNDS WERE SPENT, AND ANY SUPPLEMENTAL INFORMATION FROM THE MEDIA. THE ACADEMY ALSO PROVIDES EDUCATIONAL OPPORTUNITIES AND MENTORSHIP. AN ACADEMY REPRESENTATIVE MAKES EVERY EFFORT TO ATTEND ANY PERFORMANCES/EVENTS/EXHIBITS TO PROVIDE GRANTEES WITH ADDITIONAL SUPPORT AND FEEDBACK. PART III ACCOUNTING METHOD: X X X X X X X 1 GRANTSAGE LLC 614 COWLES ROAD SANTA BARBARA CA 93108 GRANT WRITING 0 500000 13196 486804 KELSEY MALONE CONSULTING 984 MIRAMONTE DRIVE 2 SANTA BARBARA CA 93109 GRANT WRITING 0 200000 3656 196344 700000 16852 683148 CA GALA 565091 520091 45000 62799 5000 AUXILIARY WINTER AUCTION 106398 38357 68041 0 1562 2178 1 17274 17274 1833 688763 575722 113041 64361 9011 73372 39669 1 ILLUMINARTS INC PO BOX 45-1704 MIAMI FL 332451704 463424219 501(C)(3) 15000 0 ALUMNI ENTERPRISE AWARD 1 0 ALUMNI ENTERPRISE AWARDS 3 42500 COMPETITIONS 5 21000 KESTON MAX AWARDS 41 31000 FAST PITCH & DIGITAL CHALLENGE AWARDS 7 12000 SUMMER RA 3 1200 PART I, LINE 2: RECIPIENTS OF THE ALUMNI ENTERPRISE AWARDS ARE REQUIRED TO SUBMIT PROGRESS REPORTS AT THE END OF EACH QUARTER, AND ONE FINAL REPORT AT THE END OF THE YEAR. REPORTS MUST DETAIL THE ACTIVITIES THAT TOOK PLACE, CHALLENGES FACED AND LESSONS LEARNED, IMPACT ON EXTERNAL CONSTITUENTS AS WELL AS THE PROFESSIONAL DEVELOPMENT OF THE ARTIST, A BUDGET REPORT OF HOW FUNDS WERE SPENT, AND ANY SUPPLEMENTAL INFORMATION FROM THE MEDIA. THE ACADEMY ALSO PROVIDES EDUCATIONAL OPPORTUNITIES AND MENTORSHIP. AN ACADEMY REPRESENTATIVE MAKES EVERY EFFORT TO ATTEND ANY PERFORMANCES/EVENTS/EXHIBITS TO PROVIDE GRANTEES WITH ADDITIONAL SUPPORT AND FEEDBACK. MUSICAL PERFORMANCE COMPETITIONS INCLUDE SOLO PIANO, DUO INSTRUMENTAL, AND MARILYN SONG COMPETITIONS. WINNERS RECEIVE A CASH AWARD AND AN OPPORTUNITY TO PERFORM A RECITAL AT THE MUSIC ACADEMY. INNOVATION COMPETITIONS INCLUDE FAST PITCH & DIGITAL CHALLENGE. FELLOWS MAY ALSO COMPETE FOR THE KESTON MAX AWARDS WHICH INCLUDES A CASH PRIZE AND OPPORTUNITY TO PERFORM WITH THE LONDON SYMPHONY ORCHESTRA. X 1 1 X X X X X X 0 0 0 1 0 0 0 1 0 SCOTT REED PRESIDENT & CEO 382913 0 118750 0 0 0 15250 0 55843 0 572756 0 0 0 JONATHAN BISHOP CHIEF ADVANCEMENT OFFICER 221625 0 32783 0 0 0 11081 0 642 0 266131 0 0 0 JAMIE BROUMAS CHIEF ARTISTIC OFFICER 234112 0 0 0 0 0 11706 0 17407 0 263225 0 0 0 MIMI DO CFO & VP OF ADMINISTRATION 205961 0 0 0 0 0 10298 0 8896 0 225155 0 0 0 ANA PAPAKHIAN CHIEF MARKETING & COMMUNICATIONS OFF 170177 0 3000 0 0 0 9072 0 29556 0 211805 0 0 0 TIFFANY DEVRIES DEAN 147235 0 0 0 0 0 8091 0 19055 0 174381 0 0 0 CASEY MOLINO DUNN VP OF INNOVATION & PROGRAM DEVELOPME 145187 0 0 0 0 0 6635 0 10577 0 162399 0 0 0 JILL RODE DIR OF LEGACY GIVING 145001 0 5000 0 0 0 7388 0 494 0 157883 0 0 0 PART I, LINE 1A SCOTT REED, PRESIDENT AND CEO, RECEIVED HOUSING AS A REQUIRED CONDITION OF EMPLOYMENT AND IS INCLUDED AS PART OF EMPLOYMENT CONTRACT. PART I, LINE 5 INCENTIVES WERE ACCRUED RELATED TO ACHIEVING REVENUE GOALS PART I, LINE 7 THE COMPENSATION COMMITTEE (EXECUTIVE COMMITTEE) OF THE BOARD APPROVED AN ANNUAL BONUS FOR THE CEO OF 25% OF BASE COMPENSATION PLUS AN ADDITIONAL $25,000, CONSISTENT WITH WAGE STUDIES. INCENTIVES WERE ALSO PAID TO EMPLOYEES RELATED TO ACHIEVING REVENUE GOALS. X 2 6000 FMV X 17 587060 FMV X AUCTION ITEMS 15 18490 FMV X WINE BOTTLES 5 14396 FMV X ELECTRONICS 1 1546 FMV 0 1 1 PART I, LINE 32B: THE ACADEMY USED AN AUTOMOBILE DONATION COMPANY AND AN ONLINE AUCTION COMPANY TO PROCESS SALES OF NON-CASH ITEMS FOR WHICH THE ACADEMY WAS THE RECIPIENT OF THE NET PROCEEDS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF THE FOLLOWING MEMBERS: 1) EILEEN SHERIDAN, CHAIR 2) JERRY EBERHARDT, SECRETARY 3) DEAN CARTER, DIRECTOR 4) DIANNE DUVA, DIRECTOR 5) THOMAS ORLANDO, DIRECTOR 6) PAM STROBEL, DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE AUDIT COMMITTEE AND REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE DISTRIBUTED ANNUALLY ELECTRONICALLY AFTER THE FIRST BOARD MEETING OF THE YEAR AND RETURNED TO THE CFO. THE CFO FOLLOWS UP WITH ANY MISSING FORMS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS COMPENSATION & WAGE STUDIES TO DETERMINE RECOMMENDED SALARIES. THE RECOMMENDED SALARIES ARE THEN APPROVED BY THE EXECUTIVE COMMITTEE INDEPENDENTLY, WITHOUT THE PARTICIPATION OF INTERESTED PERSONS. COMPENSATION REVIEW IS PERFORMED ANNUALLY FOR THE CEO AN BIANNUALLY FOR SENIOR STAFF. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -10,139. CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUSTS -649,325.