2025-03-14T10:01:58-04:00 2024-04-30 346565596 ERNST & YOUNG US LLP 2100 ONE PPG PLACE PITTSBURGH PA 15222 990 2023-05-01 232108123 ACADEMY OF MUSIC-AOM TRUST POOL MUSI 4127474857 500 FIRST AVE P7-PFSC-03-Z PITTSBURGH PA 15219 PNC BANK N A TAX MANAGER 4127474857 2025-03-07 true true JASON BELOT P00183464 3302555814 2025-03-07 2023 2025-03-06 01:10:19Z Gregori Neri 500 FIRST AVE Pittsburgh PA 15219 23421518 false X N/A X 1979 PA SUPPORT FOR THE ACADEMY OF MUSIC OF MUSIC OF PHILADELPHIA 1 0 0 0 0 3010308 0 687487 4547247 19342 687487 7576897 1094808 1011474 0 18905 22351 0 0 7697 42488 1121410 1076313 -433923 6500584 18124963 23832184 0 0 18124963 23832184 SUPPORT FOR THE ACADEMY OF MUSIC OF MUSIC OF PHILADELPHIA false false 203189 197468 SUPPORT FOR THE PHILADELPHIA ORCHESTRA OF MUSIC. 812755 814006 SUPPORT FOR THE ACADEMY OF MUSIC OF PHILADELPHIA INC. 1015944 true 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 true false false false false false false false false false false false false false false false true false false false true 0 0 true 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 4127474857 500 FIRST AVE Pittsburgh PA 15219 PNC BANK N A TRUSTEE 1.0 X 22351 0 0 22351 0 0 false false false 3010308 3010308 428587 428587 0 0 0 0 19963281 15844621 4118660 4118660 4118660 0 0 0 0 PARTNERSHIP INCOME 900099 19342 19342 19342 7576897 4566589 1011474 1011474 22351 4470 17881 396 396 Foreign Taxes on Qualified Dividend 2425 2425 Foreign Taxes on Non Qualified Div 2211 2211 Investment Expenses 25000 25000 Partnership Expenses 12456 12456 1076313 1015944 60369 0 163806 1449111 17961157 22383073 18124963 23832184 0 0 X 18124963 23832184 18124963 23832184 18124963 23832184 X 6500584 -793363 X false false false X X 2 Philadelphia Orchestra Association 231352289 10 true 197468 0 The Academy of Music of Philadelphia Inc 231501159 10 true 814006 0 2 1011474 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 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true The Philadelphia Orchestra One South Broad Street 14th Floor Philadelphia PA 19107 231352289 501 c 3 197468 FMV GENERAL SUPPORT Academy of Music of Philadelphia Inc 230 Broad Street Philadelphia PA 19102 231501159 501.c3 814006 FMV GENERAL SUPPORT 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 $ 14,820 FY 2022 TRANSACTION POSTED TO FY 2023; ($17,169) FY 2023 TRANSACTION POSTED TO FY 2024; COST BASIS ADJUSTMENT ($22,397), TIFF GLOBAL EQUITY BASIS ADJ ($813,409) 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