Harid Conservatory Of Music Inc is located in Boca Raton, FL. The organization was established in 1988. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Harid Conservatory Of Music Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harid Conservatory Of Music Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Harid Conservatory Of Music Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $3.2m during the year ending 06/2022. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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:2022MORGAN 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, DANCE2018TIFFANY CHATFIELD - BALLET ARIZONACHLOE CRENSHAW - CALIFORNIA INSTITUTE OF THE ARTS, DANCEELIZABETH DONNER - TEXAS BALLET THEATER, TRAINEENATALIA DURAN - BUTLER UNIVERSITY (DANCE)BELA ERLANDSON - DUTCH NATIONAL BALLETANNA GONZALES - MILWAUKEE BALLET IICAITLIN HERZOG - SARASOTA BALLET, STUDIO COMPANYJOSIAH LAX - BUTLER UNIVERSITY (DANCE)CATHERINE MCGREGOR - COLORADO BALLETWEI-JIE SUN - COLUMBIA CLASSICAL BALLETYU-JHE SUN - COLUMBIA CLASSICAL BALLETJULIA VINEZ - CHARLOTTE BALLET, APPRENTICE; PENNSYLVANIA BALLETMEGAN WILLIAMS - TEXAS CHRISTIAN UNIVERSITY (DANCE)CHRISTOPHER WOODYARD - NEW YORK UNIVERSITY, TISCH SCHOOL OF THE ARTS (DANCE)EACH 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, BETWEEN 1,200 AND 1,600 CHILDREN ANNUALLY HAVE ENJOYED THE OPPORTUNITY TO ATTEND HARID'S OUTREACH PERFORMANCES. (THIS PROGRAM WAS POSTPONED FOR SEVERAL YEARS, DUE TO THE PANDEMIC.)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gordon Wright Executive Vp/dir. | OfficerTrustee | 40 | $130,283 |
James M Hankins Trustee | Trustee | 1 | $0 |
Arthur R Redgrave Secretary/trustee | OfficerTrustee | 1 | $0 |
Kenneth Wenzel Treasurer/trustee | OfficerTrustee | 1 | $0 |
John M Wargo President/trustee | OfficerTrustee | 1 | $0 |
Glenn M Rissman Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $48,037 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $48,037 |
Total Program Service Revenue | $794,980 |
Investment income | $792,904 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $126,669 |
Net Gain/Loss on Asset Sales | $1,027,514 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,613,825 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $330,950 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $213,000 |
Compensation of current officers, directors, key employees. | $148,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $997,535 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $136,671 |
Payroll taxes | $90,626 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,147 |
Fees for services: Accounting | $26,692 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,409 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $235,805 |
Insurance | $83,581 |
All other expenses | $225,395 |
Total functional expenses | $3,188,729 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,027,284 |
Savings and temporary cash investments | $76,323 |
Pledges and grants receivable | $73,508 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $41,050 |
Net Land, buildings, and equipment | $3,771,766 |
Investments—publicly traded securities | $0 |
Investments—other securities | $24,186,489 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $75 |
Total assets | $30,176,495 |
Accounts payable and accrued expenses | $95,044 |
Grants payable | $0 |
Deferred revenue | $110,265 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $205,309 |
Net assets without donor restrictions | $28,138,840 |
Net assets with donor restrictions | $1,832,346 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $30,176,495 |