2024-07-08T14:11:14-05:00 2023-12-31 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2023-01-01 237002448 FINE ARTS SOCIETY OF INDIANAPOLIS FINE 3177883291 1630 N MERIDIAN ST 240 INDIANAPOLIS IN 46202 JULIA HOLBROOK EXECUTIVE DIRECTOR 3177883291 2024-07-08 1 JULIA HOLBROOK 999009999 0 DAVID W LEMLER CPA CGMA P00378478 3177456411 2024-07-08 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z CLASSICAL MUSIC INDY INC JULIA HOLBROOK 1630 N MERIDIAN ST 240 INDIANAPOLIS IN 46202 320042 0 X WWW.CLASSICALMUSICINDY.ORG X 1968 IN THE MISSION OF THE ORGANIZATION IS TO INSPIRE PEOPLE IN THE COMMUNITY WITH THE POWER OF CLASSICAL MUSIC. 14 14 3 14 0 0 289157 240734 69207 60146 15702 19162 42 -10130 374108 309912 0 0 0 0 389754 394769 0 0 51680 280061 276801 669815 671570 -295707 -361658 933560 624394 55104 48063 878456 576331 X TO INSPIRE PEOPLE IN THE COMMUNITY WITH THE POWER OF CLASSICAL MUSIC. CLASSICAL MUSIC INDY FULFILLS ITS MISSION BY BEING THE NON-PROFIT PRODUCER OF CLASSICAL MUSIC SYNDICATED RADIO, STREAMING, AND PODCAST PROGRAMMING, CREATOR OF NUMEROUS COMMUNITY ENGAGEMENT AND MUSIC EDUCATION PROGRAMS, PUBLISHER OF BLOGS AND NOTE MAGAZINE, AND ADVOCATE FOR CLASSICAL MUSIC AND CLASSICAL MUSIC-MAKERS. 0 0 213284 53535 STREAMING AND SYNDICATION - CMI PRODUCES TWO CLASSICAL MUSIC STREAMING CHANNELS; LOCAL MUSIC AND NEW MUSIC FOR AN AUDIENCE OF ABOUT 40,000 EACH YEAR. SYNDICATION SERVES CLIENTS PROVIDING CLASSICAL MUSIC IN INDIANA, OHIO, WASHINGTON, AND OREGON. WE DO NOT HAVE ENOUGH REVENUE COLLECTED FROM OUR SYNDICATION PROGRAM CUSTOMERS, SO WE USE OUR RESTRICTED CASH AND GENERAL CONTRIBUTIONS TO SUPPORT THIS PROGRAM. 50006 4311 MUSIC UNITES - INCLUDES THE FOLLOWING PROGRAMS: AFTER SCHOOL INDY, COMMUNITY CONCERTS, RANDOM ACTS OF MUSIC AND SENIOR SERIES. SINCE WE DO NOT COLLECT DONATIONS FORM THESE PROGRAMS, WE USED OUR RESTRICTED ASSETS AND GENERAL DONATIONS TO SUPPORT THESE. 36112 2300 PODCASTS - CMI PRODUCES TWO CLASSICAL MUSIC PODCASTS: MELANATED MOMENTS IN CLASSICAL MUSIC, WHICH SHINES A SPOTLIGHT ON MUSICAL WORKS COMPOSED BY, FOR, AND ABOUT PEOPLE OF COLOR, AND CLASSICAL PAIRINGS, WHICH PAIRS ARTISINAL FOOD AND DRINK IN INDIANAPOLIS WITH CLASSICAL MUSIC. WE DO NOT HAVE ENOUGH REVENUE COLLECTED FROM OUR PODCAST LISTENERS, SO WE USE OUR RESTRICTED CASH AND GENERAL CONTRIBUTIONS TO SUPPORT THIS PROGRAM. 43084 PROMOTE AND ADVOCATE FOR CLASSICAL MUSIC AND CLASSICAL MUSIC-MAKERS. 43084 342486 1 1 0 0 0 0 0 1 0 1 1 0 0 1 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 0 1 43 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X BOOKKEEPING PLUS INC 3174622049 232 E MCCLARNON DRIVE GREENFIELD IN 46140 JULIA HOLBROOK EXECUTIVE DIRECTOR 28.00 X 77278 0 10690 MICHAEL TOULOUSE PROGRAM DIRECTOR 12.00 X 76447 0 2293 KATHRYN PATTERSON CHAIR 5.00 X X 0 0 0 KENT COOK VICE-CHAIR 5.00 X X 0 0 0 JANICE ROGER SECRETARY 5.00 X X 0 0 0 GERALD V HINCHMAN CHARTER & LIFETIME BOARD MEMBER 1.00 X 0 0 0 DIANE ABRAMS BOARD MEMBER 1.00 X 0 0 0 JEFF L BARBEE BOARD MEMBER 1.00 X 0 0 0 VIVEK HADLEY BOARD MEMBER 1.00 X 0 0 0 JAMES B LOOTENS BOARD MEMBER 1.00 X 0 0 0 PATRICK MCHUGH BOARD MEMBER 1.00 X 0 0 0 DAVE MOORE BOARD MEMBER 1.00 X 0 0 0 ALEX PANTOS BOARD MEMBER 1.00 X 0 0 0 MARIAN M PETTENGILL BOARD MEMBER 1.00 X 0 0 0 STEPHANIA PFEIFFER BOARD MEMBER 1.00 X 0 0 0 JORDAN WOOD BOARD MEMBER 1.00 X 0 0 0 153725 0 12983 0 0 0 0 0 3864 30500 206370 240734 BROADCAST FEES 516100 53535 53535 PROGRAM INCOME 900099 6611 6611 60146 19162 19162 0 3864 10130 -10130 -10130 309912 60146 0 9032 X 166708 104505 39633 22570 152652 96117 34724 21811 4420 2626 1588 206 45050 26762 16186 2102 25939 17047 5926 2966 21420 21420 6223 6223 176473 94326 82147 17981 16781 1200 9052 878 7349 825 16915 16915 11859 11859 1338 225 1113 5353 5353 5380 5380 ON AIR PROGRAM 4807 4807 671570 342486 277404 51680 69318 7352 6270 6310 12870 15484 2351 2637 109038 106602 7789 2436 749460 511056 85502 79119 933560 624394 22931 22273 32173 25790 55104 48063 X 773342 475013 105114 101318 878456 576331 933560 624394 -361658 59533 0 X X 1 X 0 1 0 X 263799 937660 382010 289157 240734 2113360 263799 937660 382010 289157 240734 2113360 827196 1286164 23172 17522 15702 15702 19171 91269 42 42 2204671 133217 0.58340 0.58470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53329 X MUSIC FOR RADIO BROADCAST 0 749459 5380 77822 315382 6223 511056 1129086 -147468 223009 9150 749459 1235764 153165 247411 12432 1129086 850133 400000 95667 101000 9036 1235764 779415 143285 63750 8817 850133 0 0 109038 106602 2436 2436 RIGHT OF USE ASSET 25790 PERMANENT RECORD LIBRARY 53329 79119 LEASE LIABILITY 25790 25790 X PART III, LINE 4: THE ORGANIZATION HAS CAPITALIZED $53,329 FOR ITS MUSIC COLLECTION AND OTHER AUDIO ASSETS BASED ON THE ESTIMATED FAIR VALUE OF THE DONATED ASSETS AT THE DATE OF GIFT. THE ORGANIZATION HAS DETERMINED THE MUSIC COLLECTION AND OTHER AUDIO ASSETS HAVE AN UNDETERMINABLE ESTIMATED LIFE AND, ACCORDINGLY, THE ASSETS ARE SUBJECT TO AN ANNUAL EVALUATION OF THE CARRYING VALUE AND IMPAIRMENTS, IF ANY, AND ARE RECORDED AS A REDUCTION IN CARRYING VALUE AND CHARGED TO EARNINGS IN THE YEAR SUCH IMPAIRMENT IS DETERMINED. NO IMPAIRMENT HAS BEEN RECOGNIZED FOR THE YEAR ENDED DECEMBER 31, 2023. PART V, LINE 4: THE ORGANIZATION'S BOARD DESIGNATED FUND HAS BEEN CREATED AND DESIGNATED BY THE BOARD OF DIRECTORS. THE FUND HAS BEEN SET ASIDE BY THE BOARD OF DIRECTORS FOR THE PURPOSE OF SUPPORTING THE OPERATING EXPENSES OF THE ORGANIZATION. PART X, LINE 2: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES REQUIRE CMI TO EXAMINE ITS TAX POSITIONS FOR UNCERTAIN POSITIONS. CMI IS NOT AWARE OF ANY TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO CHANGE IN THE NEXT 12 MONTHS, OR THAT WOULD NOT SUSTAIN AN EXAMINATION BY APPLICABLE TAXING AUTHORITIES. CMI'S POLICY IS TO RECOGNIZE PENALTIES AND INTEREST AS INCURRED IN ITS STATEMENT OF ACTIVITIES AS A COMPONENT OF OPERATING EXPENSES AND TOTAL $0 FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. CMI'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPLICABLE TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE DRAFT 990 AT ITS REGULARLY-HELD BUSINESS MEETING PRIOR TO THE FORM 990 DUE DATE. CLASSICAL MUSIC INDY THEN DISTRIBUTES THE FINAL DRAFT TO THE BOARD OF DIRECTORS VIA EMAIL TO ALL MEMBERS FOR REVIEW AND COMMENT AT LEAST ONE WEEK BEFORE THE FILING DEADLINE. FORM 990, PART VI, SECTION B, LINE 12C CLASSICAL MUSIC INDY DISTRIBUTES A CONFLICT OF INTEREST FORM AT ITS ANNUAL MEETING IN DECEMBER. ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE THE FORM ANNUALLY, TO BE REVIEWED BY THE SECRETARY, WHO MONITORS ALL VOTING RESULTS AND RECUSALS AT REGULARLY-HELD BUSINESS MEETINGS. BOARD MEMBERS NOT IN ATTENDANCE AT THE ANNUAL MEETING ARE EMAILED THE FORM FOR COMPLETION. ALL SIGNED COPIES OF THE FORM ARE KEPT ON FILE FOR SEVEN YEARS AT CLASSICAL MUSIC INDY OFFICES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS IDENTIFIES A SEARCH COMMITTEE MADE UP OF THE EXECUTIVE COMMITTEE MEMBERS. THE COMMITTEE DETERMINES COMPENSATION FOR THE POSITION. THE BOARD CHAIR MEETS WITH THE EXECUTIVE DIRECTOR ANNUALLY FOR A PERFORMANCE REVIEW AND MAKES RECOMMENDATIONS TO THE BOARD FOR MERIT INCREASES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST AND ALSO AVAILABLE ON GUIDESTAR. FORM 990, PART IX, LINE 11G INDEPENDENT CONTRACTORS: PROGRAM SERVICE EXPENSES 94,326. MANAGEMENT AND GENERAL EXPENSES 82,147. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 176,473. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES THE OVERSIGHT OF THE REVIEW AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE SELECTION AND REVIEW PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.