2024-10-17T12:03:28-05:00 2023-12-31 840930288 BROCK AND COMPANY CPAS PC 4940 PEARL EAST CR SUITE 300 BOULDER CO 80301 990 2023-01-01 840735716 COLORADO MUSIC FESTIVAL & CENTER FOR MUSICAL ARTS COLO 3036650599 200 E BASELINE ROAD LAFAYETTE CO 80026 ELIZABETH MCGUIRE EXECUTIVE DIRECTOR 3036650599 2024-09-05 1 0 KEVIN RICKMAN P01240896 3034442971 2023 2024-10-15 13:58:12Z X ELIZABETH MCGUIRE 200 E BASELINE ROAD LAFAYETTE CO 80026 3418960 0 X WWW.COMUSIC.ORG X 1976 CO TO INSPIRE AND CONNECT COMMUNITY MEMBERS OF ALL AGES BY PROVIDING ACCESS TO THE BEST OF THE WORLD'S MUSIC THROUGH EDUCATION AND PERFORMANCE. 17 17 189 65 0 0 1482528 2138311 965916 1254043 9153 12390 -86885 -47799 2370712 3356945 0 0 0 0 1772154 1788368 0 0 163737 1505079 1516280 3277233 3304648 -906521 52297 1617794 1688806 826589 824767 791205 864039 X TO INSPIRE AND CONNECT COMMUNITY MEMBERS OF ALL AGES BY PROVIDING ACCESS TO THE BEST OF THE WORLD'S MUSIC THROUGH EDUCATION AND PERFORMANCE. 0 0 2349154 644101 THE COLORADO MUSIC FESTIVAL HELD AN IN-PERSON FESTIVAL AT CHAUTAUQUA AUDITORIUM. ARTISTICALLY, THE FESTIVAL WAS A SPECTACULAR SUCCESS, RECEIVING YET ANOTHER MAJOR REVIEW IN THE WALL STREET JOURNAL AND A FEATURE STORY IN THE STRAD. TICKET SALES FOR THE FESTIVAL REACHED AN ALL-TIME REVENUE RECORD. ARTIST IN RESIDENCE JOSHUA BELL (VIOLIN) WAS A MAJOR FACTOR, AS HIS FOUR CONCERTS WERE SELL-OUTS. TWO OF HIS CONCERTS FEATURED A NEW WORK ENTITLED THE ELEMENTS FOR WHICH JOSHUA ENLISTED SEVERAL OF TODAY'S MOST SOUGHT-AFTER COMPOSERS TO EACH WRITE A MOVEMENT DEPICTING AN ELEMENT. COMPOSERS WERE INVITED TO "WORKSHOP" THE PIECE WITH THE TALENTED FESTIVAL ORCHESTRA IN ADVANCE OF THE WORLD PREMIERE PERFORMANCE IN THE FALL, SO BOULDER AUDIENCES WERE TREATED TO A PREVIEW PERFORMANCE OF THE WORK. OTHER POPULAR FESTIVAL PERFORMANCES INCLUDED A RACHMANINOFF SERIES, FEATURING RENOWNED RUSSIAN PIANIST NICOLAI LUGANSKY IN CELEBRATION OF THE COMPOSER'S 150TH "BIRTHDAY" IN 2023. THE FESTIVAL ALSO FEATURED AN EVENING OF MUSIC COMPOSED BY THE LEGENDARY JOHN CORIGLIANO, WHO WAS IN ATTENDANCE, AND A CONCERT IN WHICH THREE WORLD PREMIERES WERE PERFORMED IN ONE EVENING, INCLUDING JFK: THE LAST SPEECH IN COLLABORATION WITH THE AMHERST CLASS OF '64 AND COMPOSED BY DR. ADOLPHUS HAILSTORK, AND TWO WORKS BY COMPOSERS WITH LOCAL CONNECTIONS IN CELEBRATION OF OUR VENUE'S (COLORADO CHAUTAUQUA'S) 125TH ANNIVERSARY. 596173 617199 THE CENTER FOR MUSICAL ARTS CONTINUED TO SEE GROWTH IN PRIVATE LESSON ENROLLMENT. THE CMA CONCERT SERIES LAUNCHED ANOTHER SUCCESSFUL SEASON AS WELL, FEATURING AN ECLECTIC MIX OF AWARD-WINNING PIANISTS, A MARIACHI BAND, AND A TANGO TRIO. ALSO NOTABLE WAS THE GROWTH OF ENSEMBLE PARTICIPATION AFTER A LULL CREATED BY THE COVID-19 PANDEMIC. ENROLLMENT IN ENSEMBLES IS AT OR ABOVE OUR 2019 NUMBERS AND PARTICIPANTS ARE ENJOYING MORE COMMUNITY PERFORMANCES, INCLUDING OPPORTUNITIES TO PERFORM ON THE TINY STAGE FOR AN ESTIMATED 10,000 COMMUNITY MEMBERS AT MAJOR, LOCAL FESTIVALS IN BOULDER, LAFAYETTE AND NEARBY COMMUNITIES, AS WELL AS INVITATIONS TO PARTICIPATE IN CIVIC EVENTS AND AT FEATURED PERFORMANCES AT ESTEEMED LOCAL ESTABLISHMENTS SUCH AS NISSI'S PERFORMANCE VENUE. ADVANCE 2024 SALES AND SPONSORSHIPS ARE VERY PROMISING, AND CMA EARLY ENROLLMENT IS STRONG. THE ORGANIZATION IS FOCUSING ON FUNDRAISING INITIATIVES AS WE CONTINUE TO REBOUND POST-PANDEMIC. NOTABLY, THE ORGANIZATION IS WORKING TO REBUILD RESERVE FUNDS AS WELL AS A MAJOR FOCUS ON PLANNED GIVING INTENDED TO REPLENISH AND EXPAND THE CORPUS OF THE ENDOWMENT FUND. 2945327 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 55 0 1 189 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 1 0 X X THE ORGANIZATION 3036650599 200 E BASELINE ROAD LAFAYETTE CO 80026 DAVID BRUNEL PRESIDENT 3.00 X X 0 0 0 JIM HEETER PRESIDENT-ELECT 2.00 X X 0 0 0 LARRY JONES TREASURER 2.00 X X 0 0 0 ANNE BEER SECRETARY 2.00 X X 0 0 0 AMY BURMA TRUSTEE 1.00 X 0 0 0 NORMA EKSTRAND TRUSTEE 1.00 X 0 0 0 ARLENE GERWIN TRUSTEE 1.00 X 0 0 0 LIZA GETCHES TRUSTEE 1.00 X 0 0 0 DOREE HICKMAN TRUSTEE 1.00 X 0 0 0 CARYL KASSOY TRUSTEE 1.00 X 0 0 0 JOHN KRAMPF TRUSTEE 1.00 X 0 0 0 CHRIS MUELLER TRUSTEE 1.00 X 0 0 0 COATES SAMUELSON TRUSTEE 1.00 X 0 0 0 TATIANA TEBO TRUSTEE 1.00 X 0 0 0 LISA VOLK TRUSTEE 1.00 X 0 0 0 AMY HARTMAN TRUSTEE 1.00 X 0 0 0 KATHY KROL TRUSTEE 1.00 X 0 0 0 ELIZABETH MCGUIRE EXECUTIVE DIRECTOR 40.00 X 111838 0 0 111838 0 0 1 0 0 0 PETER OUNDJIAN 6 DEER PATH ROAD WESTON CT 06883 MUSIC DIRECTOR 153000 BASEMAR APARTMENT PO BOX 1514 BOULDER CO 80306 RENTS 152570 2 442558 332878 1362875 14913 2138311 TICKET SALES 711130 644101 644101 TUITION AND REGISTRATI 711130 587189 587189 OTHER PROGRAM SERVICES 711130 22753 22753 1254043 6824 6824 10918 5352 5566 5566 5566 0 442558 55056 -55056 -55056 8864 1607 7257 7257 3356945 1261300 0 -42666 111839 83879 16776 11184 1491590 1368020 35239 88331 62511 56522 2057 3932 122428 110696 4027 7705 32467 4035 28194 238 28358 20 20050 8288 85907 85907 72615 51262 8420 12933 188151 169302 18849 33104 16628 3443 13033 35636 35636 68405 64653 3752 30164 23022 7142 GUEST ARTIST FEES 419790 419790 MUSICIAN HOUSING 164878 164878 PRODUCTIONS AND OTHER P 164339 164339 POSTAGE AND PRINTING 79348 64786 1954 12608 113118 97588 10045 5485 3304648 2945327 195584 163737 30963 232137 5211 15427 24594 46438 36108 12402 43946 51576 1870192 749863 1184118 1120329 180607 203112 112247 7385 1617794 1688806 128478 205521 34707 65031 148259 144877 515145 409338 826589 824767 X 791205 747361 116678 791205 864039 1617794 1688806 52297 20537 0 X 0 1 X 1 0 X 1555328 1417645 2171843 1482804 2138311 8765931 1555328 1417645 2171843 1482804 2138311 8765931 796970 7968961 8951 4249 4249 10297 6824 34570 8800501 4336804 0.90550 0.94540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65771 8345 3158 719 70239 82019 -12974 2518 756 65771 78088 7761 2986 844 82019 72416 9254 2841 741 78088 64946 10995 2790 735 72416 0.89460 0.10540 1 0 49000 49000 1519495 558009 961486 276941 183061 93880 24756 8793 15963 1120329 LINE OF CREDIT 401953 OPERATING LEASE OBLIGATION 7385 409338 PART V, LINE 4: LONG-TERM NEEDS OF THE ORGANIZATION. SPRING GALA 357070 357070 47056 FALL GALA 85488 85488 8000 442558 442558 55056 55056 -55056 FORM 990, PART VI, SECTION A, LINE 8B NO BOARD COMMITTEES HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOOKKEEPER AND EXECUTIVE DIRECTOR (ED) BEFORE IT IS FILED. THE EFILE DOCUMENT IS SIGNED BY THE ED. THE FORM 990 IS AVAILABLE UPON REQUEST TO ALL OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS DISTRIBUTES A CONFLICT OF INTEREST COMPLIANCE FORM TO EACH BOARD MEMBER ANNUALLY, AND MANAGES THE RESPONSE PROCESS TO ENSURE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BASED ON INPUT FROM AN ANNUAL BOARD MEMBER SURVEY, RECOMMENDATIONS MADE BY THE HUMAN RESOURCES COMMITTEE, AND THE BOARD PRESIDENT. THE EXECUTIVE DIRECTOR PERFORMS ANNUAL EVALUATIONS FOR ALL STAFF AND RECOMMENDS COMPENSATION THROUGH THE BUDGET PROCESS WITH INPUT AND APPROVAL BY THE HUMAN RESOURCES COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. CMF ENDOWMENT FUND 200 E BASELINE ROAD LAFAYETTE CO 80026 841095703 SUPPORT COLORADO MUSIC FESTIVAL CO 501 (C) (3) 11B ( TYPE II) 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CMF ENDOWMENT FUND C 250000 CASH