Skip to content
Nonprofiteer
← HARID CONSERVATORY OF MUSIC INC

Form 990 for tax year 2022

Filed by HARID CONSERVATORY OF MUSIC INC.

Totals

Total revenue
$6,582,891
Total expenses
$3,473,827
Contributions and grants received
$4,601,199
Grants paid
$312,450
Program service revenue
$742,787
Investment income
$1,057,665
Other revenue
$181,240
Total assets, end of year
$34,327,923
Total liabilities, end of year
$319,046
Net assets or fund balances, end of year
$34,008,877
Program services expenses (Part IX)
$2,594,893
Management and general expenses
$705,982
Fundraising expenses
$172,952
Program service expenses (Part III)
$2,594,893

Program services were 74.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $4,601,199

  • 2a · Program service revenue: STUDENT FEES

    total $687,708 · related or exempt $687,708

  • 2b · Program service revenue: STUDENT PERFORMANCE

    total $47,634 · related or exempt $47,634

  • 2c · Program service revenue: LUNCHEONS

    total $7,445 · related or exempt $7,445

  • 3 · Investment income

    total $822,700 · excluded $822,700

  • 6a · Gross rents

    real property $543,767

  • 6b · Less rental expenses

    real property $436,470

  • 6c · Rental income or loss

    real property $107,297

  • 6d · Net rental income or loss

    total $107,297 · related or exempt $107,297

  • 7a · Gross sales of assets other than inventory

    securities $234,965

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $234,965

  • 7d · Net gain or loss

    total $234,965 · related or exempt $234,965

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $73,943 · related or exempt $73,943

  • 11e · Other revenue, total

    $73,943

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $312,450 · program services $312,450

  • 5 · Compensation of officers, directors and key employees

    total $222,947 · program services $68,020 · management and general $154,927

  • 7 · Other salaries and wages

    total $1,140,479 · program services $943,658 · management and general $196,821

  • 9 · Other employee benefits

    total $157,540 · program services $114,344 · management and general $43,196

  • 10 · Payroll taxes

    total $104,625 · program services $77,759 · management and general $26,866

  • 11b · Fees: legal

    total $4,863 · program services $490 · management and general $4,373

  • 11c · Fees: accounting

    total $26,700 · management and general $26,700

  • 11g · Fees: other

    total $29,976 · program services $26,684 · management and general $3,292

  • 22 · Depreciation, depletion and amortization

    total $246,060 · program services $169,359 · management and general $76,701

  • 23 · Insurance

    total $94,301 · program services $46,187 · management and general $48,114

  • 24a · Other expenses: FACILITY OPERATIONS

    total $305,203 · program services $212,359 · management and general $92,844

  • 24b · Other expenses: FOOD SERVICE

    total $247,941 · program services $247,515 · management and general $426

  • 24c · Other expenses: ADMINSTRATIVE EXPENSES

    total $183,733 · program services $136,063 · management and general $14,694 · fundraising $32,976

  • 24d · Other expenses: BROKER FEES

    total $139,976 · fundraising $139,976

  • 24e · All other expenses

    total $257,033 · program services $240,005 · management and general $17,028

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,027,284 · end of year $1,219,672

  • 2 · Savings and temporary cash investments

    beginning of year $76,323

  • 3 · Pledges and grants receivable

    beginning of year $73,508 · end of year $27,293

  • 9 · Prepaid expenses and deferred charges

    beginning of year $41,050 · end of year $55,106

  • 10a · Land, buildings and equipment: cost or other basis

    $12,676,806

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,049,705

  • 10c · Land, buildings and equipment, net

    beginning of year $3,771,766 · end of year $3,627,101

  • 12 · Investments: other securities

    beginning of year $24,186,489 · end of year $29,391,818

  • 15 · Other assets

    beginning of year $75 · end of year $6,933

  • 17 · Accounts payable and accrued expenses

    beginning of year $95,044 · end of year $147,543

  • 19 · Deferred revenue

    beginning of year $110,265 · end of year $164,645

  • 25 · Other liabilities

    beginning of year $0 · end of year $6,858

  • 27 · Net assets without donor restrictions

    beginning of year $28,138,840 · end of year $27,856,173

  • 28 · Net assets with donor restrictions

    beginning of year $1,832,346 · end of year $6,152,704

Mission and programs · 2022

Mission

TO PROVIDE PRE-PROFESSIONAL DANCE TRAINING TO GIFTED DANCERS AND TO PROVIDE HIGH SCHOOL DIPLOMAS. TO SET THE STANDARD FOR DANCE TRAINING IN THE UNITED STATES BY PRODUCING DANCERS WHOSE ARTISTIC QUALIFICATIONS MAKE THEM SUPERIOR CANDIDATES FOR EMPLOYMENT BY PROFESSIONAL BALLET COMPANIES, AND WHO ACADEMIC QUALIFICATIONS OFFER THEM THE OPTION OF PURSUING HIGHER EDUCATION AT A COLLEGE OR UNIVERSITY. HARD ALSO SEEKS TO FURTHER ENRICH THE CULTURAL LIFE OF SOUTH FLORIDA BY PRESENTING HIGH-QUALITY STUDENT PERFORMANCES FOR THE COMMUNITY.

  • THE GOAL OF THE HARID CONSERVATORY IS TO SET THE STANDARD FOR DANCE TRAINING IN THE UNITED STATES BY PRODUCING DANCERS WHOSE ARTISTIC QUALIFICATIONS MAKE THEM SUPERIOR CANDIDATES FOR EMPLOYMENT BY PROFESSIONAL BALLET COMPANIES, AND WHOSE ACADEMIC QUALIFICATIONS OFFER THEM THE OPTION OF PURSUING HIGHER EDUCATION AT A COLLEGE OR UNIVERSITY. HARID ALSO SEEKS TO FURTHER ENRICH THE CULTURAL LIFE OF SOUTH FLORIDA BY PRESENTING HIGH-QUALITY STUDENT PERFORMANCES FOR THE COMMUNITY.HARID STUDENTS HAVE WON MAJOR AWARDS AT VARIOUS NATIONAL AND INTERNATIONAL BALLET COMPETITIONS, AND THE SCHOOL'S ALUMNI HAVE BEEN EMPLOYED BY MORE THAN EIGHTY PROFESSIONAL DANCE COMPANIES ACROSS THE UNITED STATES AND IN CANADA, EUROPE, SOUTH AMERICA, AND ASIA. MANY HAVE DISTINGUISHED THEMSELVES AS SOLOIST AND PRINCIPAL DANCERS IN LEADING COMPANIES.RECENT GRADUATES INCLUDE:2023GRAHAM BARNES - NASHVILLE BALLET 2TIFFANY HOPKINS - COLORADO BALLET STUDIO COMPANYBENJAMIN PIERCE - ESTONIA NATIONAL BALLETJUN SHINOZAKI - ORLANDO BALLET II2022MORGAN BARTON - PACIFIC NORTHWEST BALLET, PROFESSIONAL DIVISIONOLIVIA DEANGELO - PITTSBURGH BALLET, POST-GRAD PROGRAMMAREN GODDARD - JOFFREY BALLET, CONTEMPORARY PROGRAMNATHANIEL LILLINGTON - SIBIU BALLET THEATRE, ROMANIARAVEN LOAN - MILWAUKEE BALLET IICHEYENNE LOK SUET YENG - UNIVERSITY OF OKLAHOMA (DANCE)EMERY MERONI - MILWAUKEE BALLET IIJASMINE PARENTE - UNIVERSITY OF UTAH (DANCE)MAYU NAKAYAMA - ATLANTA BALLET IINOLAN SAITO - ROYAL WINNIPEG BALLET, ASPIRANT PROGRAMIRISA VAN NIEKERK - HAMBURG BALLET SCHOOLCHARLIZE VILLACORTA - BALLET WEST (TRAINEE)2021SHUNHEI FUCHIYAMA - ENGLISH NATIONAL BALLET, APPRENTICEYU-LUN LIU - CONTINUED STUDIES IN HONG KONGALICE SUMMIT - SARAH LAWRENCE COLLEGE, LIBERAL ARTS2020AMIR DODARKHOJAYEV - ORLANDO BALLETJULIAN GAN - JOFFREY BALLET, APPRENTICEHIDETORA TABE - ESTONIA NATIONAL BALLET2019ROSEMARY DEIORIO - DANCE ALIVE NATIONAL BALLET, UNIVERSITY OF FLORIDATYLER DIGGS - CHARLOTTE BALLET IICATHERINE DOHERTY - WASHINGTON BALLET, TRAINEELAUREN LEB - TEXAS BALLET THEATERJASON MCCLUNG - ATLANTA BALLET II; TEXAS BALLET THEATER, TRAINEEANNE MEDICH - OKLAHOMA UNIVERSITY, DANCE & MATHEMATICS; OKLAHOMA CITY BALLET (2ND COMPANY)ISABELLE MORGAN - CINCINNATI BALLET IIJAYSAN STINNETT - ORLANDO BALLETALEXIS VALDES MARTINEZ - SAN FRANCISCO BALLETANA VEGA - OKLAHOMA UNIVERSITY, DANCEEACH YEAR HARID PRESENTS TWO SERIES OF HIGH-QUALITY DANCE PERFORMANCES FOR THE SOUTH FLORIDA COMMUNITY. THE INCLUSION OF CLASSICAL AND NEOCLASSICAL BALLETS, MODERN AND CHARACTER DANCE, AND CUTTING-EDGE CONTEMPORARY WORKS BY LEADING CHOREOGRAPHERS MAKES EACH HARID PROGRAM A SEASON FAVORITE OF THE THEATER-GOING PUBLIC.THE ANNUAL PERFORMANCES, TWO IN DECEMBER AND THREE IN MAY, ARE WELL ATTENDED, OFTEN SELLING OUT THE 800-SEAT COUNTESS DE HOERNLE THEATER IN BOCA RATON. HARID ENJOYS A LOYAL AND ENTHUSIASTIC AUDIENCE BASE.IN ADDITION, HARID PRESENTS AN ANNUAL SERIES OF STUDENT OUTREACH DANCE PERFORMANCES FOR FOURTH- AND FIFTH-GRADE CHILDREN FROM SOUTH PALM BEACH COUNTY SCHOOLS. THE PROGRAM CONSISTS OF A FORTY-FIVE-MINUTE PRESENTATION OF THE NUTCRACKER, ACT II. A HARID STUDENT SERVES AS THE MASTER OF CEREMONY FOR EACH PROGRAM AND PROVIDES AN EDUCATIONAL OVERVIEW OF THE PROGRAM AND THEATER ETIQUETTE. SCHOOL TEACHERS ARE ALSO PROVIDED WITH EDUCATION MATERIALS AHEAD OF THE PERFORMANCE DATES. FOR THE STUDENT OUTREACH PROGRAMS, HARID UNDERWRITES THE COST OF THE PUBLIC SCHOOLS' BUSES AND BUS DRIVERS TO HELP ENSURE THE CHILDREN'S ACCESS TO THE PERFORMANCES. IN RECENT YEARS (NOTWITHSTANDING PANDEMIC-RELATED POSTPONEMENTS), BETWEEN 1,200 AND 1,600 CHILDREN ANNUALLY HAVE ENJOYED THE OPPORTUNITY TO ATTEND HARID'S OUTREACH PERFORMANCES.

    Expenses $2,594,893 · Grants $312,450 · Revenue $1,158,988

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gordon Wright

    EXECUTIVE VP/DIR.

    Total calculated
    $135,030
    From this org
    $134,030
    From related orgs
    $0
    Other
    $1,000
    Hours/week
    40

  • Arthur R Redgrave

    SECRETARY/TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kenneth Wenzel

    TREASURER/TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John M Wargo

    PRESIDENT/TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Glenn M Rissman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Amanda Murphy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ruben Jaen

    VP FINANCE AND OPERATIONS

    Total calculated
    $86,623
    From this org
    $85,623
    From related orgs
    $0
    Other
    $1,000
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Provenance

Return type
form_990
Tax year
2022
Filed
10 May 2024
IRS schema version
2022v5.0
Source object
202411319349302376

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.