2025-10-22T15:43:28-05:00 2024-12-31 840930288 BROCK AND COMPANY CPAS PC 4940 PEARL EAST CR SUITE 300 BOULDER CO 80301 990 2024-01-01 840735716 COLORADO MUSIC FESTIVAL & CENTER FOR MUSICAL ARTS COLO 3036650599 900 BASELINE ROAD BOULDER CO 80302 ELIZABETH MCGUIRE EXECUTIVE DIRECTOR 3036650599 2025-06-12 1 0 KEVIN RICKMAN P01240896 3034442971 2024 2025-03-06 01:10:19Z X ELIZABETH MCGUIRE 900 BASELINE ROAD BOULDER CO 80302 5640467 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. 13 13 189 100 0 0 2138311 3923100 1254043 1270217 12390 -3019 -47799 -23950 3356945 5166348 0 0 0 0 1788368 1792848 0 228360 525178 1516280 1639955 3304648 3661163 52297 1505185 1688806 3404066 824767 1025010 864039 2379056 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 2294457 648787 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 WERE POSITIVE AND THE ORGANIZATION EXCEEDED OUR BUDGETED GOALS. THE PIANO REIGNED SUPREME AS THE MOST POPULAR CONCERTS INCLUDED THE RETURN OF FESTIVAL FAVORITE OLGA KERN, PIANIST AND MOZART DUO PIANO REPERTOIRE PERFORMED BY THE INCOMPARABLE NAUGHTON (IDENTICAL TWIN) SISTERS. THE FESTIVAL GALA, ALSO FEATURING THE NAUGHTON SISTERS AS SPECIAL GUESTS, WAS THE MOST SUCCESSFUL EVER. THE FESTIVAL ORCHESTRA PERFORMED UNDER A CBA FOR THE FIRST TIME, HAVING OFFICIALLY UNIONIZED. NEGOTIATIONS WERE VERY AMICABLE AND THE ORCHESTRA COMMITTEE WAS EVEN FEATURED AS A COVER STORY ON THE INTERNATIONAL MUSICIAN PERIODICAL DISTRIBUTED BY THE AMERICAN FEDERATION OF MUSICIANS IN CELEBRATION OF THIS SUCCESS. THE ORGANIZATION AND MUSICIANS HAVE SINCE ADOPTED A MULTI-YEAR CBA. OTHER PRESS INCLUDED MORE THAN 68 UNIQUE MENTIONS AND STORIES IN PUBLICATIONS AND TELEVISED SPOTS ACROSS THE WORLD. 573614 629152 THE CENTER FOR MUSICAL ARTS HAD ITS MOST SUCCESSFUL YEAR EVER AS IT CONTINUED TO SEE GROWTH IN PRIVATE LESSON AND ENSEMBLE ENROLLMENT. FACULTY MEMBER ALEX SIERRA WAS NAMED THE WINNER OF THE FACULTY INSPIRATION AWARD BY THE 2023 WINNER MICHAEL QUAM. THE TINY STAGE WAS FEATURED IN MANY LOCAL FESTIVALS AND CELEBRATIONS, BOASTING THE PRESENTATION OF MUSICAL PERFORMANCES TO OVER 20,000 INDIVIDUALS IN THE REGION. WHILE THE STUDENT LOUNGE SAW A REFRESH WITH NEW PAINT AND FURNITURE, AN OFFICE SPACE WAS ALSO TRANSITIONED INTO A LESSON STUDIO AS THE BUILDING IS REACHING MAXIMUM CAPACITY ON SEVERAL WEEKDAY AFTERNOONS. THE FOUNDERS HALL SPACE HAS ALSO SEEN A MAJOR UPTICK IN USAGE WITH OUR OWN STUDENT AND FACULTY RECITALS, CMA CONCERT SERIES AND A NUMBER OF OUTSIDE RENTALS INCLUDING PEER ARTS ORGANIZATIONS AND PUBLIC SCHOOLS. THE ORGANIZATION MERGED WITH THE COLORADO MUSIC FESTIVAL ENDOWMENT IN 2024, IN CONJUNCTION WITH INCREASED EMPHASIS ON FUNDRAISING FOR PAY EQUITY, BUILDING RESERVE FUNDS, SPECIAL PROJECTS AND INCREASING FOCUS ON LEGACY GIVING. THE ORGANIZATION HIRED AN OUTSIDE FUNDRAISING CONSULTANT TO RUN A CAMPAIGN WITH THE EXPECTATION OF ANNOUNCING THE CAMPAIGN PUBLICALLY IN THE SPRING OF 2025. THE MERGER COMES WITH THE ADDITION OF SEVERAL NEW POLICIES INVOLVING INVESTMENT AND GIFT ACCEPTANCE. ADVANCE 2025 FESTIVAL TICKET SALES AND SPONSORSHIPS ARE TRACKING POSITIVELY. 2868071 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 53 0 1 189 1 0 0 0 0 0 1 1 0 0 0 0 X 13 13 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 900 BASELINE ROAD BOULDER CO 80302 JIM HEETER PRESIDENT 3.00 X X 0 0 0 DAVID BRUNEL VICE PRESIDENT 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 NORMA EKSTRAND 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 COATES SAMUELSON 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 KATHY CZERNY TRUSTEE 1.00 X 0 0 0 JOE ROMANO TRUSTEE 1.00 X 0 0 0 ELIZABETH MCGUIRE EXECUTIVE DIRECTOR 40.00 X 122363 0 8756 122363 0 8756 1 0 0 0 ISABELPRATT LLC PO BOX 187 DORSET VT 05251 FUNDRAISING 165000 1 600026 347664 2975410 5178 3923100 TUITION AND REGISTRATI 711130 648787 648787 TICKET SALES 711130 588552 588552 OTHER PROGRAM SERVICES 711130 32878 32878 1270217 4010 4010 416945 415011 8963 1934 -8963 -7029 -7029 17750 600026 49422 -31672 -31672 8445 723 7722 7722 5166348 1277939 0 -34691 122363 91773 18354 12236 1471878 1282757 90464 98657 76657 65871 5343 5443 121950 104784 8502 8664 39069 3966 34555 548 228360 228360 30749 9999 20750 145164 111353 33811 96627 50672 13866 32089 208996 185784 23212 88420 49360 557 38503 27339 27339 67100 63716 3384 30279 22259 8020 GUEST ARTIST FEES 362195 362195 PRODUCTIONS AND OTHER P 175029 175029 MUSICIAN HOUSING 152572 152572 POSTAGE AND PRINTING 94732 58626 1490 34616 121684 77355 12078 32251 3661163 2868071 267914 525178 232137 125683 15427 257656 46438 937240 12402 948 51576 60500 1849811 789088 1120329 1060723 132873 611525 77624 349791 1688806 3404066 205521 87374 65031 22367 546830 633419 7385 281850 824767 1025010 X 747361 1084277 116678 1294779 864039 2379056 1688806 3404066 1505185 9832 0 X 0 1 X 1 0 X 1417645 2171843 1482804 2138311 3923100 11133703 1417645 2171843 1482804 2138311 3923100 11133703 1372045 9761658 4249 4249 10297 6824 4010 29629 11163332 4767385 0.87440 0.90550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 70239 603985 6034 2911 921 676426 65771 8345 3158 719 70239 82019 -12974 2518 756 65771 78088 7761 2986 844 82019 72416 9254 2841 741 78088 0.47143 0.24073 0.28784 1 0 49000 49000 1516570 594028 922542 263783 189202 74581 20458 5858 14600 1060723 RIGHT-OF-USE OPERATING LEASE ASSETS 277350 BENEFICIAL INTEREST IN ASSETS HELD BY FOUNDATIONS 72441 349791 OPERATING LEASE OBLIGATION 281850 281850 PART V, LINE 4: LONG-TERM NEEDS OF THE ORGANIZATION. X X X X X X X 1 ISABELPRATT LLC PO BOX 187 DORSET VT 05251 FUNDRAISING 0 1255000 165000 1090000 MIA AXON CONSULTING LLC 3030 23RD STREET BOULDER CO 80304 FUNDRAISING 0 65000 63360 1640 1320000 228360 1091640 GALA 617776 600026 17750 49422 617776 600026 17750 49422 49422 -31672 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 900 BASELINE ROAD BOULDER CO 80302 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 759316 CASH