2022-09-14T07:41:51-05:00 2021-10-31 010494526 Baker Newman & Noyes PO Box 507 Portland ME 04112 990 2020-11-01 043384601 Bowdoin International Music Festival BOWD 2073731400 181 Park Row Brunswick ME 04011 Charles F Johnson Current Treasurer 2073731400 2022-09-09 1 Charles Johnson 999009999 Nicholas E Porto P01310283 2078792100 2022-09-09 2 AAL1 IAL1 2020 2023-04-26 12:10:37Z X Lorna Brown Flynn 181 Park Row Brunswick ME 04011 2864116 0 X www.bowdoinfestival.org X 1997 ME Study program and summer concert series for gifted young musicians 27 25 21 28 9445 2209 506686 1092773 132662 872246 235669 353090 0 9445 875017 2327554 0 0 0 0 404256 849354 0 0 116715 206646 805154 610902 1654508 264115 673046 4398499 5739823 383305 455354 4015194 5284469 The mission of the Bowdoin International Music Festival is to provide gifted young musicians from around the world with an opportunity to study with world-class artists, and to provide audiences with classical music performed to the highest artistic standards. 0 0 1376831 872246 Founded in 1964, the Bowdoin International Music Festival hosts seven concert series as part of an intensive summer study program that helps provide gifted young musicians from around the world with an opportunity to study with world-class artists and provide audiences with classical music performed to the highest artistic standards. The Festival takes place for six weeks each summer on the Bowdoin College campus and throughout the Brunswick, Maine area. 1376831 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 54 0 1 21 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 27 25 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X Keith Orlando 2073731400 181 Park Row Brunswick ME 04011 Patricia Brown Director 1.00 X 0 0 0 Susan Chadima Director 1.00 X 0 0 0 Douglas Collins Director 1.00 X 0 0 0 Jane Eberle Director 1.00 X 0 0 0 Rol Fessenden Director 1.00 X 0 0 0 Dr Bernard Givertz Director 1.00 X 0 0 0 Peter Griffin Director 1.00 X 0 0 0 Ian Hartsough Director 1.00 X 0 0 0 Samuel Hayward Director 1.00 X 0 0 0 Charles Johnson Director 1.00 X 0 0 0 Susan Lavan Director 1.00 X 0 0 0 James T Morgan Director 1.00 X 0 0 0 Barbara Norton Director (start July 2021) 1.00 X 0 0 0 Dr Hugh Phelps Director 1.00 X 0 0 0 Norman Rapkin Esq Director 1.00 X 0 0 0 Deborah Schall Director (start July 2021) 1.00 X 0 0 0 Claudia Spies Director 1.00 X 0 0 0 Susanne Stover Director 1.00 X 0 0 0 Dominique van de Stadt Director 1.00 X 0 0 0 Susan Weems Director 1.00 X 0 0 0 Jan R Williams Director 1.00 X 0 0 0 Elliot Rosen Chair 1.00 X X 0 0 0 Lorna Brown Flynn Vice Chair 1.00 X X 0 0 0 Robert Briselli Treasurer 1.00 X X 0 0 0 Kent Mitchell Secretary 1.00 X X 0 0 0 David Ying Co-Artistic Director 40.00 X X 51830 0 0 Phillip Ying Co-Artistic Director 40.00 X X 62250 0 0 Daniel Nitsch Executive Director 40.00 X 90427 0 18695 204507 0 18695 0 0 0 0 0 562831 529942 18241 1092773 Tuition 611600 461267 461267 Room and Board 721310 313694 313694 Application Fees 711130 89785 89785 Miscellaneous Revenue 711130 7500 7500 872246 63351 63351 9445 0 9445 9445 9445 826301 536562 289739 289739 289739 2327554 872246 9445 353090 235509 202103 33406 574913 475039 39270 60604 3401 573 825 2003 17099 5054 4382 7663 18432 8765 5082 4585 5599 1400 4199 14800 14800 22551 22551 46339 37459 2960 5920 35858 35858 74048 55444 6771 11833 35393 16829 9759 8805 1061 955 106 9502 4518 2620 2364 42006 19974 11582 10450 10478 7544 2649 285 Room/Board/Facilities 425171 425171 Piano Cartage 48756 48756 Student Expense 33592 31389 2203 1654508 1376831 160962 116715 122763 318195 249711 335585 3976 92059 817316 125525 664323 691791 3357726 4302193 4398499 5739823 23926 108768 288979 276167 70400 70419 383305 455354 X 2211421 3295250 1803773 1989219 4015194 5284469 4398499 5739823 673046 596229 0 X X 0 1 X 1 0 X 498571 520430 472298 506686 1092773 3090758 1103731 1123700 1181088 132662 872246 4413427 1602302 1644130 1653386 639348 1965019 7504185 196044 197963 212780 212039 256846 1075672 31258 67202 30244 100832 229536 227302 265165 243024 312871 256846 1305208 6198977 89094 85749 84368 74091 63351 396653 89094 85749 84368 74091 63351 396653 9445 9445 1691396 1729879 1737754 713439 2037815 7910283 0.78370 0.78600 0.05010 0.05440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3548612 17699 949133 0 22251 4493193 4070188 60601 204377 765000 21554 3548612 3582519 55681 451870 19882 4070188 3196563 354168 94774 62986 3582519 2927124 37895 292510 60966 3196563 0.55200 0.33090 0.11710 0 0 654853 43657 611196 60311 12062 48249 102152 69806 32346 691791 X 2901232 596229 596229 2305003 22551 22551 2327554 1631957 0 1631957 22551 22551 1654508 Part V, Line 4: The Bowdoin International Music Festival's endowment funds support the mission of the Festival through the use of earnings to fund student scholarships and operating costs. Part X, Line 2: The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and, therefore, has made no provision for income taxes in the accompanying financial statements. Tax-exempt organizations could be required to record an obligation for income taxes as the result of a tax position they have historically taken on various tax exposure items including unrelated business income or tax status. Under guidance issued by the Financial Accounting Standards Board, assets and liabilities are established for uncertain tax positions taken or positions expected to be taken in income tax returns when such positions are judged to not meet the "more-likely-than-not" threshold, based upon the technical merits of the position. Estimated interest and penalties, if applicable, related to uncertain tax positions are included as a component of income tax expense. The Organization has evaluated the position taken on its filed tax returns. The Organization has concluded no uncertain income tax positions exist at October 31, 2021. Form 990, Part VI, Section B, line 11b Bowdoin International Music Festival's Form 990 is prepared by an indpendent public accounting firm with the assistance of The Festival's financial staff. The Festival's Board of Trustees' Finance Committee then reviews a draft of the public disclosure version of the Form 990. Once any changes are made and the draft is approved, the Form 990 is filed with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c All officers, directors, and key employees are required to complete a conflict of interest questionnaire if a conflict of interest may exist. The questionnaires are collected and filed in the Festival office. These procedures are monitored by the Festival's Governance Committee. Any conflicts of interest revealed at any time throughout the year are addressed promptly and appropriately. Form 990, Part VI, Section B, line 15 The Festival's Compensation Committee reviews the compensation for the Executive Director and the Artistic Director and uses comparability data to determine that their compensation is appropriate. The Festival office retains a record of the deliberation and decision. Officers of the Board of Trustees are not compensated. Form 990, Part VI, Section C, line 19 The Festival makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XII, Line 2c: The audit process has not changed from the prior year.