2025-04-17T14:03:59-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 311 FINANCIAL WAY SUITE 100 WAUSAU WI 54401 990 2023-07-01 391391008 THE WAUSAU CONSERVATORY OF MUSIC INC WAUS 7158456279 PO BOX 606 WAUSAU WI 54402 SUSAN BENDER EXECUTIVE DIRECTOR 7158456279 2025-04-12 1 0 ANGELICA KRAUTKRAMER P02005570 7156752351 2025-04-12 2023 2025-03-06 01:10:19Z SUSAN BENDER PO BOX 606 WAUSAU WI 54402 824281 0 X WAUSAUCONSERVATORY.ORG X 1981 WI THE MISSION OF THE WAUSAU CONSERVATORY OF MUSIC IS TO PROVIDE EXCEPTIONAL MUSIC EDUCATION AND PERFORMANCES THAT ENRICH THE LIVES OF STUDENTS, FAMILIES, FACULTY AND THE COMMUNITY. 11 11 27 45 600 0 263572 185392 472549 593375 5039 -42719 -4212 4791 736948 740839 64032 80130 0 0 435148 471160 0 0 26238 247919 230471 747099 781761 -10151 -40922 2877733 3036117 51312 51788 2826421 2984329 THE MISSION OF THE WAUSAU CONSERVATORY OF MUSIC IS TO PROVIDE EXCEPTIONAL MUSIC EDUCATION AND PERFORMANCES THAT ENRICH THE LIVES OF STUDENTS, FAMILIES, FACULTY AND THE COMMUNITY. 0 0 536346 70168 608363 THE WAUSAU CONSERVATORY OF MUSIC IS A MUSIC SCHOOL SERVING OUR COMMUNITY SINCE 1981. FOR FY ENDING 6/30/2024, THE SCHOOL'S FACULTY TAUGHT OVER 6421 HOURS OF LESSONS, CAMPS, ONLINE COURSES, IN GROUPS AND INDIVIDUALLY. 338 STUDENTS ENROLLED IN PRIVATE/INDIVIDUAL LESSONS EACH SEMESTER, AND 60 APPLICANTS WERE OFFERED TUITION ASSISTANCE, 18% OF TOTAL STUDENTS ENROLLED. PROGRAM EXPENSES INCLUDE FACULTY WAGES, MAINTENANCE OF INSTRUMENTS AND 10% OF BUILDING EXPENSES. 16000 7000 0 ROCK INFUSED ORCHESTRA IS A ONE-DAY PROGRAM THAT SERVES 200+ ORCHESTRA STUDENTS FROM GRADES 6-12 IN MARATHON COUNTY. ADDITIONALLY, THIS PROGRAM ENGAGES OVER 30 FACULTY AND STAFF AND OVER 850 AUDIENCE MEMBERS DURING THE 1-DAY EVENT FOR A TOTAL IMPACT OF 1,080. ALL STUDENTS IN THE PROGRAM ATTEND FOR FREE AND RECEIVE ADDITIONAL STUDY MATERIALS, LUNCH, SNACKS, AND SUPPLIES. 5961 2962 0 MUSICAL STORYTIME IS A FREE PROGRAM PROVIDED TO CHILDREN IN THE MARATHON COUNTY HEAD START PROGRAM. THESE CHILDREN ARE AT OR BELOW THE FEDERAL POVERTY LINE, HOMELESS, OR ORPHANS. ONCE A MONTH, WAUSAU CONSERVATORY OF MUSIC VIOLIN TEACHER, ROCHELLE PEARSON, VISITS THE CLASSROOMS IN THE PROGRAM AND READS THE STUDENTS A MUSIC-RELATED BOOK. THESE STORIES ARE INTENDED TO REACH BEYOND JUST MUSICAL FICTION AND ALSO TEACH STUDENTS ABOUT RESILIENCE, INDEPENDENCE, AND CONFIDENCE. EVERY SINGLE STUDENT IN THE PROGRAM RECEIVED AT LEAST 5 BOOKS TO TAKE HOME. IN 2023-24, THERE WERE 174 STUDENTS IN THE PROGRAM. THIS PROGRAM IS SUPPORTED BY THE CITY OF WAUSAU'S COMMUNITY DEVELOPMENT BLOCK GRANT. THE GRANT PAID FOR THE BOOKS FOR THE PROGRAM. ADDITION WAGES AND PROGRAM EXPENSES WERE TAKEN FROM WCM'S OPERATING EXPENSES. 558307 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 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 27 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 0 0 WI X SUSAN BENDER 7158456279 404 SEYMOUR STREET WAUSAU WI 54403 LAURA RAMSEY BOARD PRESIDENT 10.00 X X 0 0 0 CAMILLE NICKLAUS BOARD VICE PRESIDENT 4.00 X X 0 0 0 CAROL LAMANSKY BOARD SECRETARY 3.00 X X 0 0 0 CARRIE SUKUP TREASURER 1.00 X X 0 0 0 JENNY HSU BOARD DIRECTOR 1.00 X 0 0 0 KEITH MONTGOMERY BOARD DIRECTOR 1.00 X 0 0 0 ANDREA SCZYGELSKI BOARD DIRECTOR 1.00 X 0 0 0 ANN SAMBHARA BOARD DIRECTOR 1.00 X 0 0 0 AMY RYAN BOARD DIRECTOR 1.00 X 0 0 0 ANGIE STANLEY BOARD DIRECTOR 1.00 X 0 0 0 DIXIE TERRELL-WILHITE BOARD DIRECTOR 1.00 X 0 0 0 SUSAN BENDER EXECUTIVE DIRECTOR 40.00 X 0 0 0 OLIVIA HILL EXECUTIVE DIRECTOR - PART YEAR 40.00 X 27682 0 3673 MICHAEL FISCHER INTERIM EXECUTIVE DIRECTOR - PART YEAR 40.00 X 13335 0 0 41017 0 3673 0 0 0 0 0 15427 102642 67323 6141 185392 TUITION REVENUE 711130 593375 593375 593375 146 146 796 43661 -42865 -42865 -42865 26598 15427 39755 -13157 -13157 2386 26 2360 2360 OTHER INCOME 711130 15588 14988 600 15588 740839 608363 600 -53516 80130 80130 28276 28276 399638 281532 95436 22670 3200 2105 925 170 7705 5069 2228 408 32341 21278 9350 1713 19758 19758 19896 19896 26648 21717 4264 667 6661 5428 1066 167 8977 7316 1436 225 19171 18596 575 52266 49653 2613 55792 53002 2790 MISC EXPENSES 11783 8728 2837 218 BAD DEBT EXPENSE 5650 5650 PROGRAM EXPENSES 3869 3753 116 781761 558307 197216 26238 32781 43300 283953 272344 5150 49883 2117 3215 2102957 1452993 708863 649964 920575 1070004 924294 947407 2877733 3036117 11958 10376 28560 41412 10794 0 51312 51788 X 1806492 1845954 1019929 1138375 2826421 2984329 2877733 3036117 X -40922 134244 64586 X 1 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1911862 3200 198829 2000 38000 19896 2053995 1799067 6192 108603 2000 1911862 1301096 699625 -112067 77213 12374 1799067 1032402 291396 11665 11037 1301096 1020242 29434 8811 8463 1032402 0.45710 0.44070 0.10220 1 0 10300 10300 1741213 1156293 584920 312713 281036 31677 38731 15664 23067 649964 BENEFICIAL INTEREST IN COMMUNITY FO 877488 C CASH SURRENDER VALUE OF ANNUITY 69919 C 947407 PART V, LINE 4: DONOR RESTRICTED ENDOWMENT FUNDS ARE RESTRICTED FOR STUDENT SCHOLARSHIP. BOARD DESIGNATED ENDOWMENT FUNDS ARE HELD FOR A VARIETY OF PURPOSES INCLUDING FIXED ASSET ACQUISITION AND OTHER EXPENSES WHICH THE BOARD MAY APPROVE. 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 POLICY IS ON THE REGISTRATION MATERIALS, ON INVOICES AND ON THE ORGANIZATION'S WEBSITE UNDER THE EMPLOYMENT HEADING. SCHEDULE E, PART I, LINE 6 WCM RECEIVES PARTIAL GOVERNMENT ASSISTANCE FROM WAUSAU CITY BLOCK GRANT AND A FEDERAL EQUITABLE RECOVERY GRANT FOR TUITION ASSISTANCE FOR FAMILIES FROM LOWER INCOME BRACKETS. 18% OF OUR STUDENTS ENROLLED IN PRIVATE LESSONS RECEIVE SOME FORM OF TUITION ASSISTANCE FROM THESE PROGRAMS. FUNDRAISING COVERS THE OTHER PORTION OF TA. ANNUAL GALA 34344 15427 18917 6391 11175 1423 ROSE SALE 7681 7681 5126 42025 15427 26598 6391 11175 6549 24115 2483 1 SCHOLARSHIP SUPPORT 267 80130 PART I, LINE 2: I. TUITION ASSISTANCE: FAMILIES MUST APPLY FOR TUITION ASSISTANCE ONCE A YEAR. FAMILIES FILL OUT A GOOGLE FORM AND ENTER THEIR FAMILY AND STUDENT INFORMATION AND SUBMIT THEIR PREVIOUS YEAR'S TAX INFORMATION. THEY ALSO UPLOAD A COPY OF THEIR TAX RETURNS FOR VERIFICATION. WE THEN ENTER THAT INFORMATION INTO AN EXCEL SPREADSHEET WHICH HAS SOME BASIC AUTO CALCULATIONS. THESE AUTO CALCULATIONS SPIT OUT A RECOMMENDED TUITION ASSISTANCE AMOUNT. THEN, BASED ON THE NUMBER OF PEOPLE IN THE HOUSEHOLD, AND THEIR SUBMITTED NARRATIVE, WE MAKE ADJUSTMENTS TO THE AMOUNTS (FOR EXAMPLE, RECENT LOSS OF JOB, MEDICAL ISSUES IN THE FAMILY, ETC.) THESE NUMBERS ARE ALL REVIEWED BY THE EXECUTIVE DIRECTOR. THE DECISION FOR THE AWARD AMOUNT IS THEN GIVEN TO THE REGISTRAR, AND THE REGISTRAR ENTERS THE DISCOUNT INTO THE REGISTRATION SOFTWARE AND INTO THEIR ACCOUNT. THE FAMILY IS NOTIFIED VIA EMAIL AND BY MAIL. THE AWARD TYPICALLY COVERS THE FALL AND SPRING SEMESTERS, ASSUMING THAT THE STUDENT REMAINS ENROLLED FOR THE ENTIRE YEAR. II. MERIT SCHOLARSHIPS: ONCE A YEAR STUDENTS SIGN UP TO AUDITION FOR A MERIT SCHOLARSHIP. THEY AUDITION AND PERFORM IN FRONT OF A JUDGE (CONTRACTED EMPLOYEE WHO IS NOT CURRENTLY AN EMPLOYEE OF WCM), AND THE JUDGE THEN RANKS THE STUDENTS. TOP 3 STUDENTS IN THE MIDDLE AND HIGH DIVISIONS TYPICALLY RECEIVE A MERIT AWARD. THAT AMOUNT IS THEN DEDUCTED FROM THEIR TUITION THE NEXT YEAR. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF THE PRESIDENT, VICE PRESIDENT, SECRETARY, AND TREASURER OF WCM. THE PRESIDENT MAY APPOINT ADDITIONAL MEMBERS TO THE EXECUTIVE COMMITTEE, SUBJECT TO THE ADVICE AND CONSENT OF THE BOARD. THE COMMITTEE SHALL MEET AS NECESSARY AND APPROPRIATE AT THE CALL OF THE PRESIDENT AND SHALL MAINTAIN MINUTES OF ALL MEETINGS, WHICH SHALL BE APPROVED BY THE COMMITTEE AND DISTRIBUTED PROMPTLY TO THE FULL BOARD. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR WORKING IN SUPPORT OF, AND AS DELEGATED, IN PLACE OF THE FULL BOARD. THE WORK OF THE COMMITTEE REVOLVES AROUND THREE MAJOR AREAS: A.HANDLE URGENT ISSUES, RESOLVING ANY EMERGENCY OR ORGANIZATIONAL CRISIS WHEN AN ASSEMBLY OF A QUORUM OF THE BOARD WOULD BE IMPRACTICABLE OR IMPOSSIBLE. B.PERFORM POLICY WORK, CARRYING OUT SPECIFIC DIRECTIONS OF THE BOARD, AND TAKING ACTION ON POLICIES WHEN THEY AFFECT THE WORK OF THE EXECUTIVE COMMITTEE OR WHEN THE FULL BOARD DIRECTS THE COMMITTEE TO DO SO. C.ACT AS A LIAISON TO THE EXECUTIVE DIRECTOR, PROVIDING COUNSEL, FEEDBACK AND SUPPORT, FACILITATING AN ANNUAL ASSESSMENT, AND REVIEWING EXECUTIVE DIRECTOR COMPENSATION AND BENEFITS. THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER TO: AMEND THE BYLAWS APPOINT OR REMOVE DIRECTORS OR THE EXECUTIVE DIRECTOR UNLESS APPROVED BY THE FULL BOARD. APPROVE A DISSOLUTION OR MERGER OR THE SALE OF SUBSTANTIALLY ALL OF WCM'S ASSETS ADOPT THE BUDGET TAKE ANY ACTION THAT IS CONTRARY TO, OR A SUBSTANTIAL DEPARTURE FROM, THE DIRECTION OF THE BOARD, OR WHICH REPRESENTS MAJOR CHANGE IN THE AFFAIRS, BUSINESS OR POLICY OF WCM. FORM 990, PART VI, SECTION B, LINE 11B THE DOCUMENTS ARE INITIALLY PROVIDED TO THE EXECUTIVE DIRECTOR (ED). THE ED THEN FORWARDS THE COPY (USUALLY ELECTRONICALLY) TO THE BOARD PRESIDENT, TREASURER, AND FINANCE COMMITTEE. OTHER BOARD MEMBERS ARE ALSO INCLUDED IF DESIRED. THESE INDIVIDUALS REVIEW THE DOCUMENT AND PROVIDE QUESTIONS BACK TO THE AUDITING ORGANIZATION. ONCE QUESTIONS ARE ANSWERED, THE DOCUMENT IS THEN APPROVED. ALL QUESTIONS AND APPROVALS ARE COMMUNICATED THROUGH THE EXECUTIVE DIRECTOR. ONCE THE 990 IS COMPLETE AND SUBMITTED, A COPY OF THE DOCUMENT IS THEN SENT TO THE ENTIRE BOARD FOR REVIEW AT THE NEXT BOARD MEETING FORM 990, PART VI, SECTION B, LINE 12C ALL NEW AND RETURNING BOARD MEMBERS REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS IN CONJUNCTION WITH THE FINANCE COMMITTEE AND EXECUTIVE COMMITTEE. MEMBERS COMPARE SALARIES TO SIMILAR NONPROFITS OF SIMILAR BUDGET SIZES IN THE COMMUNITY. THIS IS REVIEWED ANNUALLY WHEN COMPENSATION IS REVISITED. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023 FOR THE HIRING OF A NEW DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 WCM'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGES IN BENEFICIAL INTEREST IN ASSETS HELD BY COMMUNITY FOUNDATION 64,586.