2024-04-25T17:35:22-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 136007082 THE MUSIC CONSERVATORY OF WESTCHESTER INC MUSI 9147613715 216 CENTRAL AVENUE WHITE PLAINS NY 10606 JEAN NEWTON EXECUTIVE DIRECTOR 9147613715 2024-04-25 1 JEAN NEWTON 136007082 0 GARRETT M HIGGINS P00543209 9143818900 2024-04-25 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEAN NEWTON 216 CENTRAL AVENUE WHITE PLAINS NY 10606 4948011 0 X MUSICCONSERVATORY.ORG X 1938 NY TO PROVIDE THE EXTRAORDINARY BENEFITS OF MUSIC TO ALL IN OUR COMMUNITY. 18 18 116 48 0 0 2363509 1307184 1821622 1989851 79879 77557 4038 110065 4269048 3484657 158122 163516 0 0 1900191 2124966 7693 15853 321343 769248 922287 2835254 3226622 1433794 258035 10040121 10181660 3510768 3327258 6529353 6854402 X TO PROVIDE THE EXTRAORDINARY BENEFITS OF MUSIC TO ALL IN OUR COMMUNITY. WE BELIEVE IN THE INHERENT POWER OF MUSIC TO PROVIDE PERSONAL ENRICHMENT, CREATIVE EXPRESSION, LIFELONG LEARNING, CULTURAL APPRECIATION, AND JOY FOR EVERYONE. EXCELLENCE - WE STRIVE TO PROVIDE LEADERSHIP AND INNOVATION IN MUSIC EDUCATION, ENCOMPASSING HIGH STANDARDS, BEST TEACHING PRACTICES AND RESPECT FOR INDIVIDUAL DIFFERENCES. WE SEEK TO BE A PLACE WHERE STUDENTS OF ALL AGES AND ABILITIES GROW THROUGH MUSIC AND HAVE THE OPPORTUNITY TO DEVELOP THEIR SKILLS AND TALENTS TO THEIR GREATEST POTENTIAL. ACCESS - GUIDED BY OUR COMMITMENT TO INCLUSIVENESS, WE BELIEVE THAT FINANCIAL LIMITATIONS OR DIFFERING ABILITY SHOULD NEVER BE A BARRIER TO LEARNING. WE TAKE OUR PROGRAMS INTO THE COMMUNITY AS NECESSARY TO ENSURE THIS.COMMUNITY - WE BRING PEOPLE TOGETHER THROUGH MUSICAL COLLABORATION, BRIDGING DIFFERENCES, FORGING CONNECTIONS, AND CELEBRATING MUSICAL AND CULTURAL DIVERSITY. 0 0 2231683 163516 1530429 MUSIC INSTRUCTIONTHE MUSIC CONSERVATORY OF WESTCHESTER (MCW) IS A NONPROFIT COMMUNITY MUSIC SCHOOL FOUNDED IN 1929 IN THE AMERICAN SETTLEMENT HOUSE TRADITION OF COMMUNITY SERVICE AND THE EUROPEAN CONSERVATORY TRADITION OF EXCELLENCE. LEGENDARY CELLIST PABLO CASALS WAS AMONG ITS FOUNDERS, AND JAZZ LEGEND CAB CALLOWAY ONCE SERVED ON ITS BOARD. MCW'S MISSION IS TO PROVIDE THE EXTRAORDINARY BENEFITS OF MUSIC TO ALL IN OUR COMMUNITY. TODAY, WE SERVE 2,500 STUDENTS OF ALL AGES, ABILITIES AND BACKGROUNDS: 700 WHO TAKE LESSONS AND CLASSES IN OUR WHITE PLAINS FACILITY AND 1800 WHO PARTICIPATE IN OUTREACH PROGRAMS ON COLLABORATION WITH 28 COMMUNITY PARTNERS. OUR MUSIC PROGRAMS INCLUDE ONE-ON-ONE INSTRUMENTAL AND VOCAL INSTRUCTION, PERFORMING ENSEMBLES, THEORY, COMPOSITION, EARLY CHILDHOOD CLASSES, SUMMER PROGRAMS AND WORKSHOPS, LIFELONG LEARNING FOR ADULTS, AND FREE COMMUNITY PERFORMANCES. INSTRUCTION IS PROVIDED BY A FACULTY OF 75 PROFESSIONAL MUSICIANS AND EDUCATORS, OF WHOM 80% HOLD MASTER OR DOCTORAL DEGREES. OUR MISSION-BASED PROGRAMS ARE DESIGNED TO ENSURE THAT EVERY STUDENT HAS THE OPPORTUNITY TO PARTICIPATE IN MUSIC. OUR SCHOLARSHIP PROGRAM PROVIDES NEED-BASED TUITION ASSISTANCE FOR FINANCIALLY DESERVING STUDENTS, ENSURING THEY CAN PURSUE MUSIC TRAINING FROM PRESCHOOL THROUGH HIGH SCHOOL. SCHOLARSHIP PROGRAM ALUMNI HAVE BEEN ACCEPTED TO THE NATION'S TOP UNIVERSITIES AND CONSERVATORIES, INCLUDING UNIVERSITY OF CHICAGO, YALE UNIVERSITY, NEW YORK UNIVERSITY, JOHNS HOPKINS UNIVERSITY, COLUMBIA UNIVERSITY, THE JUILLIARD SCHOOL, PEABODY CONSERVATORY, INDIANA UNIVERSITY SCHOOL OF MUSIC, AND MANY OTHERS. OUR ALUMNI INCLUDE PROFESSORS AT JOHNS HOPKINS UNIVERSITY AND MIT, A MUSIC TEACHER IN ROCHESTER NY, A LOCAL PEDIATRICIAN, FLUTIST MINDY KAUFMAN (NEW YORK PHILHARMONIC), INTERNATIONALLY ACCLAIMED PIANISTS WILLIAM WOLFRAM AND GARRICK OHLSSON, MILWAUKIE SYMPHONY CONDUCTOR KEN-DAVID MASUR, AND THOUSANDS OF ALUMNI IN COUNTLESS PROFESSIONS RIGHT HERE IN WESTCHESTER AND ALL AROUND THE NATION. IN FALL 2022 WE COMPLETED CONSTRUCTION OF FIVE IMPORTANT NEW TEACHING STUDIOS, INCLUDING AN AUDIO/VIDEO RECORDING STUDIO AND DIGITAL PIANO LAB WHICH NOW HOUSE TECHNOLOGY-BASED MUSIC PROGRAMS. THE CONSERVATORY IS THE VERY FIRST ORGANIZATION IN THE WESTCHESTER REGION TO OFFER A PRECOLLEGE CERTIFICATE PROGRAM IN RECORDING ENGINEERING AND MUSIC PRODUCTION. THE RECORDING STUDIO IS NETWORKED TO THE SCHOOL'S RECITAL HALL TO FACILITATE HIGH QUALITY RECORDINGS OF OUR STUDENT AND FACULTY PERFORMANCES. WE ALSO OFFER LIVE-STREAMED PERFORMANCES, WORKSHOPS AND OTHER PUBLIC PRESENTATIONS. THE PROJECT WAS SUPPORTED BY A NEW YORK STATE REGIONAL ECONOMIC DEVELOPMENT GRANT AND PRIVATE DONATIONS. ONE OF ONLY 16 COMMUNITY MUSIC SCHOOLS NATIONWIDE TO HOLD ACCREDITATION FROM THE NATIONAL ASSOCIATION OF SCHOOLS OF MUSIC, THE CONSERVATORY HAS INSPIRED GENERATIONS OF STUDENTS AND CONTRIBUTED TO A VIBRANT MUSICAL LIFE IN THE COUNTY, THE REGION AND BEYOND. 431440 0 459422 OUTREACH PROGRAMTHE CONSERVATORY'S MUSIC THERAPY INSTITUTE (MTI) WAS ESTABLISHED IN 1986 TO EXPAND ITS PROGRAMS TO INCLUDE INDIVIDUALS WITH DISABILITIES. TODAY THE PROGRAM SERVES 1,800 CHILDREN AND ADULTS, PROVIDING INDIVIDUAL AND SMALL-GROUP MUSIC THERAPY ONSITE AT THE CONSERVATORY, AND GROUP MUSIC THERAPY ON AN OUTREACH BASIS IN PARTNERSHIP WITH 28 ORGANIZATIONS, INCLUDING PUBLIC SCHOOL DISTRICTS, SPECIAL EDUCATION PROGRAMS, MEDICAL FACILITIES, SENIOR CARE CENTERS, AND SOCIAL SERVICE AGENCIES. SERVICES ARE PROVIDED BY A FACULTY OF 12 BOARD-CERTIFIED MUSIC THERAPISTS WHO HOLD UNDERGRADUATE DEGREES IN MUSIC AND MASTERS OR DOCTORAL DEGREES IN MUSIC THERAPY. THE CONSERVATORY BUILDING INCLUDES A DEDICATED MUSIC THERAPY UNIT WITH FOUR SESSION STUDIOS AND AN OBSERVATION ROOM FITTED WITH ONE-WAY MIRRORS AND HEAD SETS, ENABLING PARENTS, CAREGIVERS AND OTHER THERAPY PROVIDERS TO OBSERVE SESSIONS. MTI HAS RECEIVED AWARDS FROM ARTS WESTCHESTER AND FROM ASCAP (AMERICAN SOCIETY OF COMPOSERS, AUTHORS AND PUBLISHERS). IN 2013, MTI ESTABLISHED HEALING OUR HEROES, PROVIDING MUSIC THERAPY SERVICES FOR U.S. MILITARY VETERANS DEALING WITH WAR-RELATED INJURIES, AT NO COST TO THEM OR THEIR FAMILIES. SERVING 15-20 VETERANS EACH YEAR, THE PROGRAM PROVIDES EACH VETERAN WITH TWO TO THREE YEARS OF WEEKLY INDIVIDUAL MUSIC THERAPY SESSIONS, AS WELL AS TWO WEEKLY GROUP SESSIONS: MUSIC FOR SELF-CARE WHICH HELPS VETERANS LEARN TO USE MUSIC FOR RELAXATION AND STRESS REDUCTION; THE VETERANS BAND WHICH GIVES VETERANS THE OPPORTUNITY TO MAKE MUSIC TOGETHER AND TO COMPOSE ORIGINAL SONGS. HEALING OUR HEROES HAS BEEN RECOGNIZED AND SUPPORTED BY DISABLED AMERICAN VETERANS, AND IS FEATURED IN MUSIC VETS, A RECENTLY RELEASED DOCUMENTARY FILM ABOUT THE CHALLENGES FACED BY VETERANS DEALING WITH THE WOUNDS OF WAR AS THEY STRUGGLE TO READJUST TO CIVILIAN LIFE. MUSIC VETS WAS PREMIERED AT THE KENNEDY CENTER IN OCTOBER, 2023 AND HAS HAD SCREENINGS AT THE BEDFORD PLAYHOUSE, NEW YORK UNIVERSITY AND OTHER LOCATIONS. 56848 0 0 PERFORMANCESPERFORMANCE IS AN INTEGRAL COMPONENT OF THE CONSERVATORY'S EDUCATIONAL PROGRAMS, WITH STUDENT AND FACULTY PERFORMANCES TAKING PLACE AT THE CONSERVATORY AND IN THE COMMUNITY. STUDENTS HAVE OPPORTUNITIES TO PERFORM AS SOLOISTS, AND IN PERFORMING ENSEMBLES. FACULTY CONCERTS OFFER AN OPPORTUNITY TO HEAR HIGH LEVEL PROFESSIONAL PERFORMANCES IN COMFORTABLE, FAMILIAR LOCATIONS. ALL CONCERTS ARE FREE AND OPEN TO THE PUBLIC. THE MAJORITY OF STUDENT RECITALS TAKE PLACE IN THE CONSERVATORY'S BEAUTIFUL 150- SEAT RECITAL HALL, AND ARE RECORDED FROM THE CONTROL ROOM OF OUR RECORDING STUDIO. TWO FACULTY ENSEMBLES THE MCW FACULTY STRING QUARTET AND THE MCW FACULTY JAZZ ENSEMBLE ARE CURRENTLY PERFORMING LIVE-STREAMED CONCERTS FROM OUR RECORDING STUDIO AND RECITAL HALL. COMMUNITY CONCERTS ALSO TAKE PLACE IN LOCAL LIBRARIES, COMMUNITY CENTERS, AND OTHER SIMILAR VENUES. MASTER CLASSES ARE ALSO SCHEDULED AT THE CONSERVATORY IN WHICH SELECTED STUDENTS ARE COACHED BY GUEST ARTIST-TEACHERS. PERFORMANCE CLASSES FOR STUDENTS IN OUR HONORS AND PREP PROGRAMS ADDITIONALLY PROVIDE OPPORTUNITIES FOR OUR ADVANCED HIGH SCHOOL STUDENTS TO HONE THEIR PERFORMANCE SKILLS. 2719971 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 116 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JEAN NEWTON 9147613900 216 CENTRAL AVENUE WHITE PLAINS NY 10606 RODD BERRO CHAIRMAN 2.00 X X 0 0 0 JOEL BRIETKOPF PRESIDENT 2.00 X X 0 0 0 HOLLY TANG TREASURER EFF. 11/15/22 2.00 X X 0 0 0 NANCY GOODMAN SECRETARY 2.00 X X 0 0 0 SUSAN ACCETTA TRUSTEE 1.00 X 0 0 0 SCOTT AUSTER TRUSTEE 1.00 X 0 0 0 MARY LYNN BIANCO TRUSTEE 1.00 X 0 0 0 JOHN BOTTOMLEY TRUSTEE 1.00 X 0 0 0 MARINA BURKE TRUSTEE 1.00 X 0 0 0 GABE GALANSKI TRUSTEE 1.00 X 0 0 0 VICTOR GOLDSMITH TRUSTEE 1.00 X 0 0 0 ROBERT HEATH TRUSTEE 1.00 X 0 0 0 CLAUDIA HUESTON TRUSTEE 1.00 X 0 0 0 NANCY IVES TRUSTEE 1.00 X 0 0 0 ANDREA MERANDA TRUSTEE 1.00 X 0 0 0 TONY SMITH TRUSTEE 1.00 X 0 0 0 ANDREA TABER TRUSTEE 1.00 X 0 0 0 KESTER WILKENING TRUSTEE 1.00 X 0 0 0 JEAN NEWTON EXECUTIVE DIRECTOR 40.00 X 109203 0 47 BEVIN LEMERE DIRECTOR OF FINANCE 40.00 X 84794 0 94 193997 0 141 1 0 0 0 SENTINEL BUILDERS 79 MADISON AVENUE NEW YORK NY 10016 CONSTRUCTION SVCS. 843529 1 239193 334359 733632 49915 1307184 TUITION 611710 1486923 1486923 MUSIC OUTREACH PROGRAM 900099 490608 490608 WORKSHOPS 611710 12320 12320 1989851 57587 57587 341365 157510 183855 183855 183855 1171833 1151863 19970 19970 19970 78941 239193 153981 -75040 -75040 1250 0 1250 1250 3484657 1989851 0 187622 163516 163516 198339 55370 98674 44295 1686850 1502503 20342 164005 78813 65267 3990 9556 160964 133107 8336 19521 28178 13740 12317 2121 15853 15853 39654 25841 11784 2029 70515 42268 28247 95814 70225 3042 22547 44451 26121 12977 5353 116963 114087 1767 1109 1022 1022 81292 75542 4935 815 355852 344682 6165 5005 BUILDING REPAIR & MAINT 62931 61065 979 887 DOCUMENTARY EXPENSES 25615 25615 3226622 2719971 185308 321343 420716 636248 347889 632928 206082 63214 69749 71493 19584 23489 13044983 6273005 7034095 6771978 1942006 1982310 10040121 10181660 376149 222958 192904 301859 2923515 2793129 18200 9312 3510768 3327258 X 4763531 5430892 1765822 1423510 6529353 6854402 10040121 10181660 258035 67014 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1119946 115704 43213 1192437 1298307 -122679 55682 1119946 988821 325752 16266 1298307 1053772 -22958 41993 988821 1057721 34551 38500 1053772 0.31944 0.68056 0 0 1152590 1152590 10601796 5245838 5355958 1287042 1027167 259875 3555 3555 6771978 CAPITALIZED LEASE PAYABLE 9312 9312 X 3567136 67014 25000 153981 245995 3321141 163516 163516 3484657 3242087 25000 153981 178981 3063106 163516 163516 3226622 PART X, LINE 2: THE CONSERVATORY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CONSERVATORY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. THE CONSERVATORY IS NO LONGER SUBJECT TO EXAMINATION BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 153,981. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS REPORTED ON PART IX, LINE 2 163,516. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 153,981. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS REPORTED ON PART IX, LINE 2 163,516. 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 CONSERVATORY PUBLISHES ITS NONDISCRIMINATORY POLICY ON ITS WEBSITE, IN THE LOCAL NEWSPAPER, AND IN ITS PROGRAM BROCHURES. SCHEDULE E, PART I, LINE 6 THE CONSERVATORY RECEIVES GRANT SUPPORT FROM THE SEVERAL NEW YORK STATE GOVERNMENT AGENCIES. THE CONSERVATORY HAS ALWAYS MAINTAINED FULL COMPLIANCE AND REMAINED IN GOOD STANDING WITH THESE ORGANIZATIONS. X X X 1 ERNEST HOOD 71 WASHINGTON PLACE APT 4A NEW YORK NY 10011 GRANT WRITING 0 0 15853 -15853 15853 -15853 NY GOLF GALA 313323 235738 77585 4560 8715 59298 15680 62430 PERFORMATHON 4811 3455 1356 800 2498 318134 239193 78941 800 4560 8715 59298 15680 64928 153981 -75040 1 SCHOLARSHIPS 39 163516 PART I, LINE 2: THE CONSERVATORY AWARDS SCHOLARSHIPS BASED ON FINANCIAL NEED. CANDIDATES FILL OUT AN APPLICATION AND SUBMIT FINANCIAL DOCUMENTATION. MUSIC SCHOLARSHIP CANDIDATES HAVE AN INTERVIEW WITH THE ASSISTANT DEAN, WHO RECOMMENDS THE AWARDS AND ASSIGNS LESSONS AND CLASSES. MUSIC THERAPY SCHOLARSHIP CANDIDATES HAVE AN INTERVIEW WITH THE DIRECTOR OF ONSITE MUSIC THERAPY SERVICES. ALL SCHOLARSHIP AWARDS ARE APPROVED BY THE EXECUTIVE DIRECTOR. SCHOLARSHIP EXPENDITURE IS APPROVED BY THE BOARD OF TRUSTEES EACH YEAR AS A LINE ITEM IN THE BUDGET. ALL SCHOLARSHIP RECIPIENTS ARE MONITORED FOR ATTENDANCE AND PROGRESS IN THEIR LESSONS AND CLASSES. MUSIC SCHOLARSHIP RECIPIENTS ARE REQUIRED TO PARTICIPATE IN STUDENT PERFORMANCES, AND RECEIVE A WRITTEN PROGRESS REPORT EACH SEMESTER. MUSIC THERAPY SCHOLARSHIP RECIPIENTS RECEIVE AN INDIVIDUALIZED PROGRAM WITH THERAPEUTIC AND EDUCATIONAL GOALS. PROGRESS IS MONITORED IN WRITTEN REPORTS BY THE MUSIC THERAPIST. SCHOLARSHIPS FOR YOUTH AND TEENS ARE RENEWABLE THROUGH HIGH SCHOOL GRADUATION, AS LONG AS STUDENTS MEET ANNUAL EXPECTATIONS FOR PRACTICE, PERFORMANCE, AND PROGRESS IN THEIR MUSICAL STUDIES. X AUCTION ITEMS 80 48890 DONATED VALUE X PERFORMATHON GIFT CARDS 9 1025 COST 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR, FINANCE DIRECTOR, AND TREASURER REVIEW AND COMPARE THE 990 TO THE FINANCIAL STATEMENTS BEFORE THE RETURN IS SIGNED AND ELECTRONICALLY FILED WITH THE IRS. THE RETURN IS ALSO REVIEWED BY THE CONSERVATORY'S FINANCE COMMITTEE AND THE BOARD OF TRUSTEES PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF CONFLICT OF INTEREST POLICY - A) EACH TRUSTEE, OFFICER, EMPLOYEE AND VOLUNTEER SHALL BE PROVIDED WITH AND ASKED TO REVIEW A COPY OF THIS POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. B) ANNUALLY EACH TRUSTEE, OFFICER, EMPLOYEE AND VOLUNTEER SHALL COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH HE OR SHE IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A TRUSTEE OF OR CONSULTANT TO ANOTHER NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO MCW. ANY SUCH INFORMATION REGARDING THE BUSINESS INTERESTS OF A TRUSTEE, OFFICER, EMPLOYEE OR VOLUNTEER, OR A FAMILY MEMBER THEREOF, SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE EXECUTIVE DIRECTOR OR PRESIDENT OF THE BOARD CHAIR, THE EXECUTIVE TRUSTEE, COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. PRIOR TO BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, AN INTERESTED PERSON HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING, IF MINUTES ARE ROUTINELY KEPT OR SHALL BE DISCLOSED IN A LETTER OR MEMORANDUM DELIVERED TO THE EXECUTIVE DIRECTOR. IF BOARD MEMBERS ARE AWARE THAT STAFF OR OTHER VOLUNTEERS HAVE A CONFLICT OF INTEREST, RELEVANT FACTS SHOULD BE DISCLOSED BY THE BOARD MEMBER OR BY THE INTERESTED PERSON HIM/HERSELF IF INVITED TO THE BOARD MEETING AS A GUEST FOR PURPOSES OF DISCLOSURE. C) THIS POLICY SHALL BE REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF TRUSTEES. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED TO ALL STAFF AND VOLUNTEERS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION; THE EXECUTIVE DIRECTOR DETERMINES COMPENSATION FOR SENIOR MANAGEMENT PERSONNEL, AND APPROVES ALL SALARY DECISIONS. A TOTAL FIGURE FOR STAFF COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES AS PART OF THE ANNUAL BUDGET PROCESS. THE FY2023 BUDGET WAS APPROVED AT THE APRIL, 2022 BOARD MEETING AND IS REFLECTED IN THE MINUTES. THIS WAS COMPLETED IN JUNE, 2022, FOR THE FOLLOWING SENIOR MANAGEMENT POSITIONS: EXECUTIVE DIRECTOR NEWTON; FINANCE DIRECTOR; V.P OF DEVELOPMENT; DEAN OF STUDENTS AND FACULTY. SALARIES WERE ALSO DETERMINED FOR MID-LEVEL MANAGERS AND SUPPORT STAFF. SALARY LEVELS ARE GUIDED BY NONPROFIT INDUSTRY STANDARDS, WITH INFORMATION AVAILABLE THROUGH PUBLISHED NATIONAL SURVEYS CONDUCTED BY THE NATIONAL GUILD FOR COMMUNITY ARTS EDUCATION, AND BY PUBLISHED JOB LISTINGS IN THE FIELD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AS WELL AS THE FORM 990 AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE AT THE MUSIC CONSERVATORY OF WESTCHESTER'S OFFICES AND ARE AVAILABLE TO PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XII, LINE 2C: THE CONSERVATORY HAS A COMMITTEE WITH RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT AUDITOR. THE POLICY FOR SELECTION AND OVERSIGHT OF THE INDEPENDENT AUDITORS HAS NOT CHANGED SINCE LAST YEAR.