Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
990 • Fiscal year 2024 • EIN 45-4614427
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 14.7% of source-year revenue.
Asset Growth
46th percentile
Faster asset growth than 46% of similar nonprofits.
Revenue Growth
74th percentile
Faster revenue growth than 74% of similar nonprofits.
Assets
Up$241,748
Up $4,685 (+2.0%) from 2023
Net Assets
Down-$6,761,907
Down $752,152 (-13%) from 2023
Liabilities
Up$7,003,655
Up $756,837 (+12%) from 2023
Revenue
Up$1,660,712
Up $482,637 (+41%) from 2023
Expenses
Up$2,412,864
Up $533,627 (+28%) from 2023
Net Income
Down-$752,152
Down $50,990 (-7.3%) from 2023
The organization conducts a program of assessing students' practical and theoretical knowledge of music.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $204,338 | $227,788 | ▲ $23,450 |
| Prepaid Expenses and Deferred Charges | $31,542 | $13,052 | ▼ $18,490 |
| Accounts Receivable | $1,183 | $908 | ▼ $275 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $-6,009,755 | $-6,761,907 | ▼ $752,152 |
| Total Assets | $237,063 | $241,748 | ▲ $4,685 |
| Liabilities | |||
| Other Liabilities | $6,010,902 | $6,858,222 | ▲ $847,320 |
| Deferred Revenue | $105,731 | $87,728 | ▼ $18,003 |
| Accounts Payable and Accrued Expenses | $130,185 | $57,705 | ▼ $72,480 |
| Total Liabilities | $6,246,818 | $7,003,655 | ▲ $756,837 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-6,009,755 | $-6,761,907 | ▼ $752,152 |
| Total Liabilities and Net Assets / Fund Balance | $237,063 | $241,748 | ▲ $4,685 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Shalisa Kline Ugaz | President and COO | FT | $236,704 | $7,778 | $244,482 |
| Name | Title |
|---|---|
| Alexander Brose | President Designate, Director |
| Gary Gartner | Director |
| Jeffrey Hillis | Secretary, Treasurer, Director |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,299,867 |
| Other Expenses | $1,112,997 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $892,766 | - | - | $892,766 |
| Travel | $435,495 | - | - | $435,495 |
| Current Officers, Directors, Trustees, and Key Employees | $270,978 | - | - | $270,978 |
| Fees for Services Management | $231,473 | - | - | $231,473 |
| Conferences and Meetings | $166,947 | - | - | $166,947 |
| Other Employee Benefits | $136,123 | - | - | $136,123 |
| Office Expenses | $98,615 | - | - | $98,615 |
| Advertising | $48,927 | - | - | $48,927 |
| Other Expenses | $37,903 | - | - | $37,903 |
| Fees for Services Accounting | - | $12,790 | - | $12,790 |
| Fees for Services Legal | - | $11,875 | - | $11,875 |
| Insurance | - | $4,852 | - | $4,852 |
| Total Functional Expenses | $2,383,347 | $29,517 | $0 | $2,412,864 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $2,412,864 |
| Total Expenses per Audited Statements | $2,412,864 |
| Total Expenses per Form 990 | $2,412,864 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Mdp Payable | $6,858,222 |
“The royal conservatory of music is the sole member of the corporation.”
“The royal conservatory of music is the sole member and has the right to elect or appoint all members of the governing body.”
“NOT APPLICABLE”
“The form 990 is reviewed by the treasurer of the company.”
“The conflict of interest policy is sent out annually to the directors and officers.”
“The company follows industry standard compensation practices by benchmarking positions to relevant cohorts. All employment offers are approved by a designated officer of the company.”
“The organization will make its governing documents and financial statements available upon request.”
“The process has not changed from the prior year.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 130185 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 57705 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1183 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 908 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE ORGANIZATION CONDUCTS A PROGRAM OF ASSESSING STUDENTS' PRACTICAL AND THEORETICAL KNOWLEDGE OF MUSIC. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 48927 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 48927 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JEFFREY HILLIS |
| IRS990/BooksInCareOfDetail/ForeignAddress/AddressLine1Txt | 0 | 273 BLOOR STREET WEST |
| IRS990/BooksInCareOfDetail/ForeignAddress/CityNm | 0 | TORONTO |
| IRS990/BooksInCareOfDetail/ForeignAddress/CountryCd | 0 | CA |
| IRS990/BooksInCareOfDetail/ForeignAddress/ForeignPostalCd | 0 | M5S 1W2 |
| IRS990/BooksInCareOfDetail/ForeignAddress/ProvinceOrStateNm | 0 | ONTARIO |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4164082824 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 204338 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 227788 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 270978 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 270978 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 166947 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 166947 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 1112997 |
| IRS990/CYOtherRevenueAmt | 0 | 50765 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1609947 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -752152 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1299867 |
| IRS990/CYTotalExpensesAmt | 0 | 2412864 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1660712 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 105731 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 87728 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | THE ORGANIZATION CONDUCTED A PROGRAM OF ASSESSING STUDENTS' PRACTICAL AND THEORETICAL KNOWLEDGE OF MUSIC BY: (A) DEFINING NATIONAL STANDARDS OF ACHIEVEMENT IN MUSIC EDUCATION IN COMPREHENSIVE SEQUENTIALLY GRADED CURRICULA, (B) PROVIDING COMPREHENSIVE MATERIALS AND TOOLS TO ASSIST MUSIC EDUCATORS, INCLUDING REPERTOIRE LISTS AND INNOVATIVE TEACHING RESOURCES, AND (C) ADMINISTERING AND CONDUCTING WRITTEN AND PRACTICAL EVALUATIONS TO ASSESS STUDENTS' ACHIEVEMENT AGAINST THE REQUIREMENTS OF CURRICLUA. DURING THE YEAR THE CORPORATION CONDUCTED 6,798 PRACTICAL AND 603 THEORITICAL ASSESSMENTS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 8 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 2383347 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 12790 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 12790 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 11875 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 11875 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 231473 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 231473 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignAddress/AddressLine1Txt | 0 | 273 BLOOR STREET WEST |
| IRS990/ForeignAddress/CityNm | 0 | TORONTO |
| IRS990/ForeignAddress/CountryCd | 0 | CA |
| IRS990/ForeignAddress/ForeignPostalCd | 0 | M5S 1W2 |
| IRS990/ForeignAddress/ProvinceOrStateNm | 0 | ONTARIO |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 35.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 7778 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | SHALISA KLINE UGAZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ALEXANDER BROSE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JEFFREY HILLIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | GARY GARTNER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 236704 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT AND COO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT DESIGNATE, DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY, TREASURER, DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 2011 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1660712 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 1 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 4852 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 4852 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 55 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE ORGANIZATION CONDUCTS A PROGRAM OF ASSESSING STUDENTS' PRACTICAL AND THEORETICAL KNOWLEDGE OF MUSIC. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -6009755 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -6761907 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 98615 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 98615 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 136123 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 136123 |
| IRS990/OtherExpensesGrp/Desc | 0 | EXAM CENTERS |
| IRS990/OtherExpensesGrp/Desc | 1 | MISCELLANEOUS EXPENSES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 64120 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 37903 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 64120 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 37903 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 6010902 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 6858222 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 50765 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 50765 |
| IRS990/OtherRevenueTotalAmt | 0 | 50765 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 892766 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 892766 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 31542 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 13052 |
| IRS990/PrincipalOfficerNm | 0 | JEFFREY HILLIS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | STUDENT ASSESSMENT FEE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1609947 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1609947 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 1879237 |
| IRS990/PYOtherRevenueAmt | 0 | 81629 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1096446 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -701162 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 1879237 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1178075 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -752152 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1660712 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | -6009755 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | -6761907 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 1661000 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 1178075 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1127443 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1142165 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1160626 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 6269309 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 6269309 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 1661000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1178075 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1127443 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1142165 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1160626 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 6269309 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 1661000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 1178075 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1127443 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1142165 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1160626 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 6269309 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 2412864 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 6858222 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MDP PAYABLE |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1660712 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 2412864 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 6858222 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1660712 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1660712 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 2412864 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 236704 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ROYAL CONSERVATORY OF MUSIC IS THE SOLE MEMBER OF THE CORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ROYAL CONSERVATORY OF MUSIC IS THE SOLE MEMBER AND HAS THE RIGHT TO ELECT OR APPOINT ALL MEMBERS OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NOT APPLICABLE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FORM 990 IS REVIEWED BY THE TREASURER OF THE COMPANY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE CONFLICT OF INTEREST POLICY IS SENT OUT ANNUALLY TO THE DIRECTORS AND OFFICERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE COMPANY FOLLOWS INDUSTRY STANDARD COMPENSATION PRACTICES BY BENCHMARKING POSITIONS TO RELEVANT COHORTS. ALL EMPLOYMENT OFFERS ARE APPROVED BY A DESIGNATED OFFICER OF THE COMPANY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XII, LINE 2C: |
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| IRS990/StatesWhereCopyOfReturnIsFldCd | 2 | IL |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 3 | CA |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 4 | SC |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 5 | CO |
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| IRS990/TravelGrp/TotalAmt | 0 | 435495 |
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| IRS990/VotingMembersIndependentCnt | 0 | 1 |
| IRS990/WebsiteAddressTxt | 0 | WWW.MUSICDEVELOPMENTPROGRAM.ORG |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/ForeignPhoneNum | 0 | 4164082824 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.