2025-02-20T12:04:16-06:00 2024-06-30 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2023-07-01 042867945 GROTON HILL MUSIC INC GROT 9784869524 122 OLD AYER ROAD GROTON MA 01450 LISA FIORENTINO CHIEF EXECUTIVE OFFICER 9784869524 2025-02-13 1 0 JOSEPH M GISO CPA P00030126 7819143400 2025-02-13 2023 2025-03-06 01:10:19Z LISA FIORENTINO 122 OLD AYER ROAD GROTON MA 01450 35398901 0 X WWW.GROTONHILL.ORG X 1985 MA TO SHARE THE TRANSFORMATIVE POWER OF MUSIC THROUGH TEACHING, PERFORMING & GIVING MUSIC. 17 17 158 126 0 0 16999080 24746753 3264256 4718340 2380588 1419147 79740 0 22723664 30884240 61742 87104 0 0 3629418 4228327 0 0 554269 8570652 8877390 12261812 13192821 10461852 17691419 224041401 244845809 1331554 1813254 222709847 243032555 THE ORGANIZATION'S MISSION IS TO SHARE THE TRANSFORMATIVE POWER OF MUSIC THROUGH TEACHING, PERFORMING AND GIVING MUSIC GENEROUSLY WHEN THERE IS NEED. 0 0 6181014 87104 2372169 THE MUSIC EDUCATION PROGRAM SERVED APPROXIMATELY 2,000 STUDENTS OF ALL AGES AND ABILITIES WITH A FACULTY OF PROFESSIONAL ARTISTS AND EDUCATORS THROUGH PRIVATE INSTRUCTION, GROUP LESSONS AND ENSEMBLES FOR ALL INSTRUMENTS AND VOICE, IN MANY GENRES INCLUDING CLASSICAL, JAZZ, FOLK, POPULAR, CELTIC, AND TRADITIONAL MUSIC. THE ORGANIZATION IS COMMITTED TO PROVIDING AFFORDABLE MUSIC EDUCATION AND ALSO HAS BEEN ABLE TO PROVIDE $87,104 IN SCHOLARSHIP AID. 5451993 2337595 THE ORGANIZATION'S PERFORMANCE PROGRAM SERVED OVER 40,000 PEOPLE THROUGH PERFORMANCES BY PROFESSIONAL HIGH CALIBER PERFORMING ARTISTS IN MANY GENRES OF MUSIC INCLUDING CLASSICAL, JAZZ, BLUE GRASS, COUNTRY, AND TRADITIONAL MUSIC AS WELL AS PERFORMANCES BY THE ORGANIZATIONS PROFESSIONAL VISTA PHILHARMONIC ORCHESTRA LED BY CONDUCTOR BRUCE HANGEN. 334754 8576 THE ORGANIZATION'S COMMUNITY ENGAGEMENT PROGRAMS SERVE ITS COMMUNITY THROUGH FREE MUSIC SCHOOL PROGRAMS IN UNDER RESOURCED PUBLIC SCHOOL DISTRICTS AND IN BOYS AND GIRLS CLUBS, FREE PROFESSIONAL CONCERTS THAT SERVE ITS COMMUNITY WHICH INCLUDES SENIOR CITIZENS, RESIDENTS OF ASSISTED LIVING FACILITIES AND FAMILIES, AND BEDSIDE SINGING BY ITS THRESHOLD SINGERS FOR THOSE IN HOSPICE CARE OR AT THE END OF LIFE. 11967761 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 184 0 1 158 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X LISA FIORENTINO 9784869524 122 OLD AYER ROAD GROTON MA 01450 LISA FIORENTINO CHIEF EXECUTIVE OFFICER 40.00 X 208267 0 19395 PETER ROBBINS DIR OF EDUCATION & PERFORM 40.00 X 141960 0 0 CATHERINE COLEMAN DIRECTOR OF DEVELOPMENT 40.00 X 138950 0 0 MATTHEW MALIKOWSKI DIRECTOR OF OPERATIONS 40.00 X 123914 0 12333 SIMON JONES CHAIR 1.00 X X 0 0 0 MIRIAM SMITH VICE-CHAIR 1.00 X X 0 0 0 SAMUEL MORROW TREASURER 1.00 X X 0 0 0 PHIL FRANCISCO CLERK 1.00 X X 0 0 0 PETER ASHTON OUTGOING BOARD MEMBER 1.00 X 0 0 0 PETER BENTINCK-SMITH BOARD MEMBER 1.00 X 0 0 0 KIRSTA DAVEY BOARD MEMBER 1.00 X 0 0 0 JEFFREY FUHRER OUTGOING BOARD MEMBER 1.00 X 0 0 0 PAM LYNN BOARD MEMBER 1.00 X 0 0 0 JANE PUFFER BOARD MEMBER 1.00 X 0 0 0 DAVE RIGGERT BOARD MEMBER 1.00 X 0 0 0 CATHY-ANN ALEXANDER BOARD MEMBER 1.00 X 0 0 0 MICHAEL COUTU BOARD MEMBER 1.00 X 0 0 0 MELISSA MARANDA INCOMING BOARD MEMBER 1.00 X 0 0 0 ROBERT ANDERSON HONORARY BOARD MEMBER 1.00 X 0 0 0 RALPH BROWN HONORARY BOARD MEMBER 1.00 X 0 0 0 DAVID MOULTON HONORARY BOARD MEMBER 1.00 X 0 0 0 613091 0 31728 4 0 1 0 0 204825 24541928 248314 24746753 TUITION 711190 2316970 2316970 TICKET REVENUE 711190 2069228 2069228 SERVICE FEES 711190 332142 332142 4718340 1746202 1746202 4187606 3723761 790900 463845 -790900 -327055 -327055 30884240 4718340 0 1419147 87104 87104 252247 113511 50449 88287 3521590 2963176 204766 353648 160637 123234 23536 13867 293853 241860 19010 32983 5280 5280 40777 40777 424936 424936 153912 153239 673 105529 91252 4730 9547 44115 32546 481 11088 2102773 2041974 60649 150 4288 3923 365 17638 3666 13898 74 4279107 4035931 243176 69121 64375 4039 707 PERFORMANCE FEES 854570 854570 PROGRAM PRODUCTION 775344 732464 42880 13192821 11967761 670791 554269 2838920 2862909 6938208 4820814 650140 578201 3415 130401 145125 41450 189537524 6682950 186703528 182854574 26762065 53557460 224041401 244845809 214012 155887 956927 1507243 160615 150124 1331554 1813254 X 195291540 192265252 27418307 50767303 222709847 243032555 224041401 244845809 X 17691419 2656432 -25143 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26152232 23482500 4567669 46425 1195550 28762 52931664 23374186 1278500 2650579 45225 1082133 23675 26152232 24543129 1956526 -2963253 38900 84575 38741 23374186 3042571 20514584 1122930 36400 78100 22456 24543129 2945534 25000 200638 35250 74750 18601 3042571 0.06000 0.94000 0 0 2474374 2474374 108219224 3245626 104973598 60399092 1810475 58588617 1470867 350853 1120014 16973967 1275996 15697971 182854574 CHARITABLE GIFT ANNUITIES 150124 150124 X 33387648 2656432 -112247 2544185 30843463 40777 40777 30884240 13064940 0 13064940 40777 87104 127881 13192821 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE TO BE USED FOR SCHOLARSHIPS, COMMUNITY ENGAGEMENT, ORCHESTRA INITIATIVES, EDUCATIONAL PROGRAMS, BUILDING MAINTENANCE, AND OPERATIONAL NEEDS. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATION HAD NO UNRELATED BUSINESS NET INCOME FOR THE YEAR ENDED JUNE 30, 2024. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS ARE RECOGNIZED AS A PART OF INTEREST EXPENSE AND MISCELLANEOUS EXPENSES, RESPECTIVELY, IN THE ACCOMPANYING STATEMENT OF ACTIVITIES. THE ORGANIZATION HAS NO ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AT JUNE 30, 2024 AND NONE WERE INCURRED DURING THE YEAR THEN ENDED. MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS GRANTED -87,104. CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -25,143. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS GRANTED 87,104. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION'S NONDISCRIMINATORY POLICY IS INCLUDED ON THE ORGANIZATION'S WEBSITE AND REGISTRATION DOCUMENTATION. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED $152,000 FROM THE MASSACHUSETTS CULTURAL COUNCIL AND $6,225 FROM VARIOUS LOCAL CULTURAL COUNCILS. 1 SCHOLARSHIPS 81 87104 FMV TUITION AID PART I, LINE 2: THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS IN NEED BASED UPON THE AVAILABLE FINANCIAL RESOURCES OF THE ORGANIZATION AND AN APPLICATION AND SELECTION PROCESS USING DEFINED CRITERIA. ALL SCHOLARSHIPS GRANTED ARE TRACKED INTERNALLY AND APPLIED DIRECTLY TO THE COST OF TUITION FOR CLASSES AND LESSONS TO BE TAKEN AT OUR ORGANIZATION. THE ORGANIZATION TRACKS LESSON OR CLASS THAT EACH INDIVIDUAL STUDENT ATTENDS. X X X X 0 0 0 0 0 0 0 1 0 LISA FIORENTINO CHIEF EXECUTIVE OFFICER 193267 0 15000 0 0 0 0 0 19395 0 227662 0 0 0 PART I, LINE 7 AS THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER - LISA FIORENTINO IS ELIGIBLE FOR INCENTIVE COMPENSATION, IN THE DISCRETION OF THE BOARD OF DIRECTORS, BASED IN PART UPON THE SUCCESS IN ACHIEVING CERTAIN PERFORMANCE BENCHMARKS. THIS IS A COMMON COMPONENT OF THE COMPENSATION PACKAGES FOR SUCH POSITION. THE TOTAL BONUS AWARDED AMOUNTED TO $15,000. X 7 151318 SEE PART II X INSTRUMENTS 3 91500 FMV X HOTEL ACCOMODATIONS 2 3840 FMV X PRINTED MARKETING 4 1656 FMV 3 0 1 0 PART I, COLUMN (B): SCHEDULE M, PART I, LINE 9: THE NUMBER IN COLUMN B REPRESENTS THE TOTAL NUMBER OF OCCASIONS SECURITIES WERE DONATED. SCHEDULE M, PART I, LINE 9: THE ORGANIZATION CALCULATES CONTRIBUTION AMOUNTS FOR SECURITIES ON THE DATE SECURITIES ARE RECEIVED. THE ORGANIZATION MULTIPLIES THE AVERAGE OF THE HIGH AND LOW STOCK PRICES ON THE DATE OF RECEIPT BY THE NUMBER OF SHARES DONATED. SCHEDULE M, PART I, LINE 25: THE ORGANIZATION RECEIVES APPRAISALS FOR DONATED INSTRUMENTS. SCHEDULE M, PART I, LINE 26: DONOR PROVIDED AN INVOICE REPRESENTING THE AMOUNT THE ORGANIZATION WOULD HAVE PAID FOR THE HOTEL ACCOMMODATIONS AND PRINTED MARKET MATERIALS DONATED. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO DISTRIBUTION TO THE FULL BOARD. ONCE THE AUDIT COMMITTEE FINDS THE DOCUMENT TO BE ACCEPTABLE, THE FULL BOARD RECEIVES A COPY TO REVIEW. ALL BOARD MEMBERS ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS, AND ONCE THOSE QUESTIONS AND ANY RESULTING REVISIONS ARE ADDRESSED, THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A FORMAL, WRITTEN CONFLICT OF INTEREST POLICY. EACH MEMBER OF THE BOARD OF DIRECTORS AND THE OFFICERS OF THE ORGANIZATION ARE REQUIRED TO CERTIFY ON AN ANNUAL BASIS THAT THEY HAVE RECEIVED AND REVIEWED THE POLICY AND THAT THEY ARE IN COMPLIANCE WITH IT. INTERNAL EMPLOYEES TRACK TO ENSURE CERTIFICATIONS ARE RECEIVED AND THAT NO ISSUES ARE REPORTED. IF CONFLICT(S), OR POTENTIAL CONFLICT(S), OF INTEREST EXIST, THEY WOULD BE BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD AND CHIEF EXECUTIVE OFFICER FOR FURTHER REVIEW AND RESOLUTION. ANY CONFLICT OF INTEREST WOULD BE RECORDED IN THE MINUTES OF THE BOARD AND WHERE THE CONFLICT(S) CONCERN(S) ANY BOARD MEMBER(S), THE INDIVIDUAL(S) SHALL NOT PARTICIPATE IN ANY VOTE OR DELIBERATION OF THE MATTER. IF A CONFLICT OF INTEREST SEVERELY IMPEDES AN INDIVIDUAL'S ABILITY TO PERFORM THEIR ORGANIZATIONAL DUTIES, THAT INDIVIDUAL WILL BE REMOVED FROM THEIR POSITION. FORM 990, PART VI, SECTION B, LINE 15A INCREASES TO CHIEF EXECUTIVE OFFICER'S COMPENSATION INCLUDE A PERFORMANCE REVIEW PROCESS, A REVIEW OF COMPARABILITY DATA, AND APPROVAL BY THE FULL BOARD OF DIRECTORS OR A SUBSET THEREOF. MINUTES OF ALL MEETINGS RELATED TO THE CHIEF EXECUTIVE OFFICER'S COMPENSATION ARE MAINTAINED TO DOCUMENT THE DELIBERATIONS AND DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S WEBSITE STATES THIS AND ALSO PROVIDES THE CONTACT INFORMATION TO OBTAIN THESE DOCUMENTS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -25,143. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.