2022-09-14T12:00:40-05:00 2022-04-30 346565596 ERNST & YOUNG US LLP 2100 ONE PPG PLACE PITTSBURGH PA 15222 990 2021-05-01 232108123 ACADEMY OF MUSIC-AOM TRUST POOL MUSI 4127474857 116 ALLEGHENY CENTER MALL P8YB3502L PITTSBURGH PA 15212 PNC BANK N A VICE PRESIDENT 4127474857 2022-09-14 true PHYL DIVINE JASON BELOT P00183464 3302555814 2022-09-14 2021 2023-04-26 12:10:37Z Gregori Nori 116 Allegheny Center Mall Pittsburgh PA 152129938 1967515 false X N/A X 1979 PA SUPPORT FOR THE ACADEMY OF MUSIC OF PHILADELPHIA, INC. 1 0 0 0 0 0 0 917415 794329 0 917415 794329 933164 1155125 0 8844 22415 0 0 4913 5417 946921 1182957 -29506 -388628 18935667 18546870 0 0 18935667 18546870 SUPPORT FOR THE ACADEMY OF MUSIC OF PHILADELPHIA, INC. false false 1114291 1097257 SUPPORT FOR THE ACADEMY OF MUSIC OF PHILADELPHIA, INC. 58766 57868 SUPPORT FOR THE PHILADELPHIA ORCHESTRA OF MUSIC. 1173057 true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false false X 1 0 false false false false false false false false false false false true true true true false true false false false PA X PNC BANK N A - TAX DEPARTMENT 4127474857 116 Allegheny Center Mall Pittsburgh PA 152129938 PNC BANK N A TRUSTEE 4.0 0.0 X 22415 0 0 22415 0 0 false false false 248908 248908 1718607 1173186 545421 545421 545421 794329 794329 1155125 1155125 22415 17932 4483 0 5417 5417 1182957 1173057 9900 0 -593 28890 23347 18365768 18907370 157755 18935667 18546870 0 0 X 18935667 18546870 18935667 18546870 18935667 18546870 X -388628 -169 X false false false X X 2 Philadelphia Orchestra Association 231352289 10 true 57868 0 The Academy of Music of Philadelphia 231501159 10 true 1097257 0 2 1155125 0 true false false false false false false false false false false false false false false true false true X true true 0 0 0 0 0 0 Form 990, Schedule A, Section D, Line 2 Academy of Music-AOM Trust Pool maintains a close and continuous working relationship with the supported organization by holding meetings to discuss investments and the general operation of the trust, including the disbursement of funds, timings of grants and needs of the supported organization within the terms of the trust agreements. Form 990, Schedule A, Section E, Line 2a and 2b The Academy of Music AOM Trust Pool was established by The Philadelphia Orchestra and its supported organization, the Academy of Music of Philadelphia, Inc for the sole purpose of creating an income stream for the two organizations in order to further their exempt purposes. The funds are requested to be distributed directly from the Philadelphia Orchestra on an annual basis to be used for Form 990, Schedule A, Section E, Line 2a and 2b (Contd.) the supported organizations, which for not for the funds, could not be conducted. Form 990, Schedule A, Section E, Line 3 (Contd.) Academy of Music-AOM Trust Pool trust be distributed to the supported organization. Form 990, Schedule A, Section D, Line 3 The Philadelphia Orchestra Kimmel Center Investment Committee gives investment direction to the Trustee. The Trustee also follows the investment policies of the supported organization. true ACADEMY OF MUSIC OF PHILADELPHIA INC 240 S Broad Street Philadelphia PA 19102 231501159 501 c 3 1097257 FMV GENERAL SUPPORT The Philadelphia Orchestra One South Broad Street 14th Floor Philadelphia PA 19107 231352289 501 c 3 57868 FMV GENERAL SUPPORT 2 EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 The organization makes distributions in accordance with its trust document EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a ACADEMY OF MUSIC-AOM TRUST POOL IS A TRUST FUND AND HAS NO WRITTEN POLICY REGARDING DOCUMENTATION OF MEETINGS AND WRITTEN ACTIONS OF ITS GOVERNING BODY AND COMMITTEES WITH AUTHORITY TO ACT ON ITS BEHALF. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b ACADEMY OF MUSIC-AOM TRUST POOL IS A TRUST FUND AND HAS NO WRITTEN POLICY REGARDING DOCUMENTATION OF MEETINGS AND WRITTEN ACTIONS OF ITS GOVERNING BODY AND COMMITTEES WITH AUTHORITY TO ACT ON ITS BEHALF. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW PNC BANK AS CO TRUSTEE OF ACADEMY OF MUSIC-AOM TRUST POOL PREPARES THE TAX RETURNS FOR THIS TRUST THUS FORM 990 IS PREPARED BY THE GOVERNING BODY. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c THE CONFLICT OF INTEREST POLICY OF PNC CHARITABLE TRUST REQUIRES AN ANNUAL AFFIRMATION THAT IT HAS BEEN RECEIVED, READ, UNDERSTOOD, AND AGREED TO BE COMPLIED WITH. IN ADDITION, THE POLICY REQUIRES AN ANNUAL DISCLOSURE OF THE EXISTENCE AND NATURE OF ANY AFFILIATION IN WHICH A PARTY WOULD BE CONSIDERED AN INTERESTED PERSON UNDER THE POLICY. FORM 990, PAGE 6, PART VI, LINE 18 FORM 990 AND RELATED FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH REQUESTS FORM 990, PAGE 6, PART VI, LINE 19 FORM 990 AND RELATED FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH REQUESTS . THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. EXPLANATION FOR FORM 990, PART XI, LINE 9 $(7,278.04) - FY21 POSTED TO FY22, $7,108.40 FY 20 POSTED TO FY21 Philadelphia Orchestra Association 1 South Broad Street 14th Floor Philadelphia PA 191073401 231352289 TO PERFORM ORCHESTRA PA 501 (c) (3) 10 N/A false Academy of Music of Philadelphia Inc 240 S Broad Street Philadelphia PA 19102 231501159 TO PERFORM ORCHESTRA PA 501 (c) (3) 10 N/A false false true false false false false false false false false false false false false false false false false false Philadelphia Orchestra Association b 57868 FMV Academy of Music Philadelphia b 1097257 FMV