2015 Annual Report by Aspen Music Festival and School

ASPENMUSIC FE S T I VA L A N D S C H O O L 2 0 15

ANNUAL REPORT 2015 Fiscal Year

October 1, 2014, to September 30, 2015 ROBERT SPANO | MUSIC DIRECTOR ALAN FLETCHER | PRESIDENT AND CEO

“ There is something about having so many people on stage, playing the same piece of music... It’s a very powerful thing. One baton can unite so many people.” - M ariya-Andoniya Andonova, double bass 2015 Aspen Music Festival and School Student

THE “POND CLUSTER” AT THE MATTHEW AND CAROLYN BUCKSBAUM CAMPUS PHOTO BY TIMOTHY HURSLEY COVER PHOTO | VERDI’S AIDA IN THE BENEDICT MUSIC TENT ON AUGUST 7

TABLE OF CONTENTS 02 Letter from the Board Chair 03 Letter from the President and CEO 04 Artistic Highlights 11 Student Experience 14 Education and Community 16 Where Dreams Begin Campaign 19 Media and Broadcasts 21 Benefits 22 Campus Construction - Phase II 23 Board of Trustees 24 Artist-Faculty 27 Family of Supporters 38 Revenue and Expenses

PHOTOS BY ALEX IRVIN AND RYAN CUTLER, UNLESS OTHERWISE NOTED

THE AUDIENCE APPLAUDS DURING A CONCERT IN THE BENEDICT MUSIC TENT.

From artistic and educational triumphs to record-breaking levels of financial support, 2015 was a watershed year for the Aspen Music Festival and School, full of highlights both on and off stage. The summer season, with the theme Dreams of Travel, saw increased audiences join us on a musical exploration of composers fascinated by far off lands either visited or imagined. Students from more than forty countries and states journeyed to Aspen to partake in an unsurpassed summer of music-making in the mountains. Annual Fund giving from individual donors broke $4 million for the very first time, while giving to the Where Dreams Begin campaign exceeded $63 million, drawing us closer to our fundraising goal. Earlier in March, the Board of Trustees approved the recommendations of our Long-Range Plan Committee, initiated to identify priorities and opportunities to guide the Festival toward a new level of excellence in the next five years. Almost every aspect of how we operate was examined. We now have concrete plans to improve the experience of our students, artist-faculty, and audience. The AMFS will increase scholarships, explore new initiatives locally and abroad, and serve as a meeting ground for discussion about important issues arising in the world of music.

ASPEN MUSIC FESTIVAL AND SCHOOL

And over the course of the academic year, budding instrumentalists and singers throughout the Roaring Fork Valley received sustained instruction on their instruments, all part of our commitment to the year-round community in which we live.

Sadly, Steven Stucky and Donald Drapkin, both cherished members of our Board of Trustees, passed away in February 2016. Steven was a Pulitzer Prize-winning composer, a leader in our composition program, and a mentor to musicians worldwide. Don was a true philanthropist to organizations in both Aspen and New York and a close personal friend. Both left an indelible mark on the Festival and School and will be sorely missed. On behalf of the Board of Trustees, thank you for helping us make the Aspen Music Festival and School the preeminent summer music experience in the world.

Robert J. Hurst Chair, Board of Trustees

As I look back over ten expanding, edifying, enchanting summers of music in Aspen, I see that what sets Aspen apart is aspiration. Every individual here—from longtime faculty to first-time students, to patrons, volunteers, staff, and more—continually reaches for more. Every awe-inspiring concert spurs us to another. Every brilliant student inspires us to find new ways to encourage their growth. Every transcendent season energizes us for the next one. In 2015, we saw alumni like Tamara Wilson return to Aspen from her recent success at the Metropolitan Opera and give a performance of Aida in the Tent to rival those of any of the world’s opera houses. We launched new series like concerts in the beautiful rooftop space at the Aspen Art Museum and the Science of Music series that examined neuroscience in music and the sound of Stradivarii. We taught more local schoolchildren than ever, and saw in their eyes that music was changing some of them forever. As you read through this report, which captures some of the joy and importance that was the 2015 AMFS season, remember that it is you, too, that carries the passion that makes Aspen special. I thank you and, in that, am proud to stand with you.

Alan Fletcher President and CEO

2015 ANNUAL REPORT

PHOTO LYNN GOLDSMITH

Just after my tenth summer leading the Aspen Music Festival and School, I am reflecting on what makes the AMFS truly extraordinary. Those who experience it know that it is, but why? Is it the prodigious talent? Yes, but not only. Is it the breathtaking surroundings? Yes, but not only. Is it the singular community of support that makes so much possible? Yes, but not only.

ARTISTIC HIGHLIGHTS

DRAMATIC SUCCESSES

WITH THE THEME OF DREAMS OF TRAVEL, THE SUMMER’S MUSIC TOOK AUDIENCES ON MANY JOURNEYS.

ASPEN MUSIC FESTIVAL AND SCHOOL

Those journeys spanned centuries, from Telemann and Boccherini in Nicholas McGegan’s Baroque evening to the recently completed On a winter’s night a traveler by AMFS President and CEO Alan Fletcher (pictured below) and the stage premiere of the contemporary opera The Classical Style. They spanned continents, from the Argentine flair of Piazzolla’s tango opera María de Buenos Aires to undiscovered Russian masters brought to light by Vladimir Feltsman. They spanned emotional extremes, from the ebullient adventures described by Scheherazade in Rimsky-Korsakov’s version of the work in the opening Sunday concert, to the depth of human darkness in Mahler’s Symphony No. 6 in the closing Sunday concert.

Scores more programs showcased the work of core composers such as Beethoven, Tchaikovsky, Mahler, and Rachmaninoff. In its signature style, the AMFS again offered a season of unsurpassed richness and depth.

The performance of Aida in the Benedict Music Tent was a night to remember. AMFS alumna Tamara Wilson owned the night, after having done so in the same role on stage at the Metropolitan Opera just eight months earlier. Audiences packed the house for contemporary opera The Classical Style by AMFS composition artist-faculty member Steven Stucky and alumnus and pianist-turned-librettist Jeremy Denk. The cast of Così fan tutte blew audiences away and the sassy 1950s set and costumes, with hotcolored lighting by Lloyd Sobel, was a sensation. The production drew raves from critics, including Patricia Zorn for The Huffington Post.

2015 ANNUAL REPORT

ARTISITC HIGHLIGHTS

ON THE MAINSTAGE AMFS alumnus Joshua Bell has played in Aspen since he was fifteen years old, but in 2015 he conducted here for the first time, showing great musicianship and physicality while leading the orchestra without podium, baton, or score. Three thousand concert-goers, in the house and on the David Karetsky Music Lawn, flocked for this experience—and weren’t disappointed.

ASPEN MUSIC FESTIVAL AND SCHOOL

• Making their Aspen debuts were brilliant young talents such as pianists Shai Wosner and Yundi. Also making his debut was Rafael Payare, a conductor fast on the rise who shares a special connection to Aspen: his wife is famed alumna Alisa Weilerstein and his in-laws are conductor Joshua Weilerstein and Aspen artist-faculty Donald and Vivian Hornik Weilerstein.

MORE MOMENTS Steve Mackey was present to hear Orli Shaham play his tender work “Stumble to Grace,” written for Shaham about something she and Mackey have both experienced recently: the wonder of watching your own child learn to walk. A highly successful collaboration between Belly Up Aspen and the AMFS was the post-season, one-nightonly Prairie Home Companion show, showcasing Garrison Keillor in his final season of touring with the show before retiring. In a nod to the AMFS, Keillor wrote and sang an entire song about student percussionist Justin Kelly, who gave the three hammer blows in Mahler’s Symphony No. 6, which was played the day before by the Aspen Festival Orchestra. Two new series created many wonderful moments: the Science of Music lecture series, presented with the Aspen Science Center, and “Music with a View,” a student concert series in the beautiful rooftop space at the Shigeru Ban-designed Aspen Art Museum. • Sharon Isbin again drew overflowing crowds to her program titled “Guitar Passions,” performed with fellow guitarists Stanley Jordan and Romero Lubambo.

ARTISITC HIGHLIGHTS ASPEN MUSIC FESTIVAL AND SCHOOL 08

Classically trained indie singer-violinist Kishi Bashi has blazed his own musical path using his voice, violin, and a loop pedal. His performance at Belly Up Aspen, which was a collaboration between the nightclub and the AMFS, was a smashing success.

2015 ANNUAL REPORT

Magnetic Italian tenor Vittorio Grigòlo performed a spectacular operatic recital in the Tent. One of the world’s most discerning opera patrons and an AMFS patron, Mrs. Mercedes T. Bass, personally invited Grigòlo to come to Aspen and, as a gift to the community, made it possible.

STUDENT EXPERIENCE

617 24 From

TOTAL AMOUNT OF FINANCIAL AID PROVIDED

2,432,000

COUNTRIES

and

43%

were returning students

STATES

TOP REASONS STUDENTS CHOSE TO ATTEND THE AMFS The opportunity to study with a particular artist-faculty member The amount of financial aid offered The opportunity to participate in a high-level orchestra program

72%

93%

received financial aid, either in the form of a scholarship or fellowship

rated their AMFS summer as “excellent” or “good”

2015 ANNUAL REPORT

TALENTED STUDENTS

Average age

STUDENT EXPERIENCE DAVID FINCKEL AND WU HAN TEACH A MASTER CLASS IN HARRIS CONCERT HALL.

MILESTONES AND MOMENTS S ixteen-year-old student Tengku Irfan was spotlighted in an Aspen Chamber Symphony concert, playing the piano part in Messiaen’s Oiseaux exotiques. Aspen Times reviewer Harvey Steiman noted he “played the extensive piano part with admirable crispness and flair.”

• To accompany the popular American Academy of Conducting at Aspen free concerts, Music Director Robert Spano gave a new series of free talks on conducting and a free conducting master class featuring Stravinsky’s The Rite of Spring.

Artist-faculty members Nancy Goeres, bassoon; Sharon Isbin, guitar; and John Rojak, bass trombone, all reached their twenty-fifth year in Aspen and were honored at a ceremony during which their names were added to a plaque in the Benedict Music Tent. They join the seventy-six who have served for twenty-five years or more since the Festival began in 1949. Together the honorees represent a colossal 2,535 years of service to the AMFS, with nearly half still on faculty today.

• New artist-faculty members in 2015 included Anneleen Lenaerts, harp; Donald Weilerstein, violin; and Vivian Hornik Weilerstein, piano. Guest composers-in-residence in Aspen in 2015 included Shulamit Ran, Christopher Rouse, and Christopher Theofanidis.

Philip Sink Hermitage Prize Nathaniel Efthimiou James Conlon Conductor Prize Jacob Joyce Robert Spano Conductor Prize Ingmar Beck Robert J. Harth Conductor Prize George Jackson Aspen Conductor Prize Kevin Lin AACA Violin Student of Paul Kantor

Grace Browning Harp Student of Anneleen Lenaerts and Gillian Benet Sella Nathan Chan Low Strings Student of Richard Aaron Justin Benavidez Brass Student of Warren Deck Taylor Marino Winds Student of Joaquin Valdepeñas Madeleine Vaillancourt Violin Student of Robert Lipsett

NOT PICTURED

Nathan Cheung Piano Student of Arie Vardi Yu Jin AACA Piano Student of Hung-Kuan Chen Blake Pouliot Dorothy DeLay Fellowship Student of Robert Lipsett Weijun Chen Druckman Prize

2015 ANNUAL REPORT

• In a new initiative, the AMFS launched a masterclass library, documenting the extraordinary talent of both artist-faculty and students with seven faculty in nineteen sessions. Watch these fascinating interchanges at the Festival YouTube channel (www.youtube.com/ aspenmusicfest). Supported by the Tippett Rise Fund of the Sidney Frank Foundation

CONGRATULATIONS TO 2015 COMPETITION WINNERS! Pictured, Left to Right

Derek Tywoniuk Solo Percussion 13

ASPEN MUSIC FESTIVAL AND SCHOOL 14

EDUCATION AND COMMUNITY IN 2015, AMFS PROGRAMS FOR LOCAL SCHOOLCHILDREN CONTINUED THEIR GROWTH SPURT. IN THE SUMMER • T he P.A.L.S. (Passes and Lessons Scholarship) program provided music instruction to 165 children. Family concerts and other daytime programming served approximately 1,200 children and families.

IN THE SCHOOLS • Beginning Strings, an after-school string instrument instruction program, served 104 children in six schools. Lead Guitar, a classical guitar program, served fifty-five children in the after-school program and approximately 180 in the in-school program, reaching a total of seven schools.

The AMFS would like to thank its generous Education and Community Programming supporters, including: Caryn and Rudi Scheidt; John and Jeannie Seybold; Gail and Daniel E. Schmidt IV; Mary Hugh Scott; Alpine Bank; Community Banks of Colorado, a division of NBH Bank, N.A.; Golub Family Foundation; Les Dames d’Aspen; Nina McLemore; The Thrift Shop of Aspen; Colorado Creative Industries Division, a state agency; and the National Endowment for the Arts, a federal agency.

2015 ANNUAL REPORT

Maroon Bel Canto Children’s Chorus, a choir for grades 3-8, served eighty-two children in six schools.

$75 MILLION

WHERE DREAMS BEGIN CAMPAIGN The AMFS Where Dreams Begin Campaign (WDB) was created to renovate the Matthew and Carolyn Bucksbaum Campus and strengthen the AMFS endowment to increase student financial aid, to honor artist-faculty, and to benefit future Festival excellence and innovation. By the end of the 2015 fiscal year, the AMFS had raised more than $63 million toward the $75 million goal.

$70 MILLION

$65 MILLION

$63,166,853.67 $60 MILLION

$55 MILLION

$50 MILLION

$45 MILLION

$40 MILLION

PROGRESS FOR THE CAMPAIGN BENEFITTING ASPEN MUSIC FESTIVAL AND SCHOOL

$35 MILLION

$30 MILLION

ASPEN MUSIC FESTIVAL AND SCHOOL

$25 MILLION

$20 MILLION

$15 MILLION

$10 MILLION

$5 MILLION

2015 CAMPAIGN HIGHLIGHTS • Several new named funds were created • The institution achieved 100 percent to support AMFS students in perpetuity. Campaign participation from year-round These include the following: staff—a strong sign of commitment from a group that believes in the future of + Friends, colleagues, and former the AMFS. A practice room was named students of John Rojak contributed in honor of this gift. to the endowment to create the John Rojak Bass Trombone Scholarship to • Many gifts were received in support celebrate his 25th anniversary as an of the sixty-eight practice rooms on artist-faculty member. the Bucksbaum Campus. These rooms provide a comfortable and acoustically + AMFS Board Chair Bob Hurst, along sound space for students to study with a score of generous friends and and practice. Recent donors include: supporters, established an endowed Jennifer DuBrul, Maja and Nic DuBrul, scholarship in honor of Alan Fletcher’s Marcy and Leo Edelstein, Gayle 10th season in Aspen. The Alan and Woody Hunt, Nancy and Peter Fletcher Endowed Scholarship will Meinig, Shirley and Albert Small, and cover tuition, room, and board for a Carrie and Joe Wells. student each year in perpetuity. • Generous patrons donated + Mrs. Mercedes T. Bass established approximately half of the funds needed the Asadour Santourian Aspen to match Joan Harris’s and the Irving Opera Center Scholarship to honor Harris Foundation’s $1 million matching Santourian’s artistic vision and grant in support of the Joan and Irving dedication to the presentation quality Harris Concert Hall 20th Anniversary each summer at the AMFS. Fund. The purpose of the Fund is to + The AMFS was named a beneficiary maintain the Hall at a world-class level, of the estate of Harry Hill Lawson. and it has already provided for key The estate’s executor, David Epstein, repairs. helped facilitate this bequest of • New members of the Gordon and Lillian $602,700 that will endow four full Hardy Planned Giving Society included scholarships specifically for students Joyce McGilvray, Lydia Morrongiello, with a connection to Illinois. and Sheryl and Michael DeGenring. + In response to the tragic loss of 2015 AMFS students Alex Greene and Ben Darneille in late August, fellow students movingly chose to memorialize these two students with the Alex Greene and Ben Darneille Memorial Scholarship.

TOP PHOTO | 2015 AMFS YEAR-ROUND STAFF POSE IN THE PRACTICE ROOM NAMED IN THEIR HONOR BOTTOM PHOTO | BOARD CHAIR BOB HURST AND BOARD MEMBER GAIL ENGELBERG AT A CAMPAIGN EVENT

CELLIST AND AMFS ALUMNA ALISA WEILERSTEIN PERFORMS PROKOFIEVâ&#x20AC;&#x2122;S SYMPHONY-CONCERTO FOR CELLO AND ORCHESTRA IN E MINOR WITH THE ASPEN FESTIVAL ORCHESTRA.

MEDIA AND BROADCASTS In 2015, the AMFS continued its longstanding relationships with American Public Media’s Performance Today, hosted by Fred Child, and NPR’s From the Top, hosted by acclaimed pianist Christopher O’Riley. Together, these programs reached more than 2 million listeners with AMFS programming. Symphony magazine celebrated the longevity of the AMFS as part of its Spring 2015 article, “Summer Music Festivals, Then and Now,” and featured the AMFS on its cover. Houston Public Media station Classical 91.7 featured the AMFS in its “Classical Classroom” series, transporting Houston listeners to the 2015 AMFS season through several episodes that featured Alan Fletcher, Robert McDuffie, Alisa Weilerstein, and more. Yahoo! Travel included the AMFS as one of the “10 Reasons Why Aspen is Definitely Better in the Summer,” while the Chicago Tribune recommended the AMFS as a summer music festival “that stands out from the pack.”

The AMFS’s community education initiatives were front and center in an Aspen Times Weekend Entertainment Guide cover story, exploring the Maroon Bel Canto Children’s Chorus, Lead Guitar, and Beginning Strings programs. NPR’s Tom Huizenga urged audiences to “Get Out and Hear Some New Music This Summer,” and spotlighted the Aspen Opera Theater Center’s double-bill of The Classical Style and The Cows of Apollo (or, the Invention of Music) on his shortlist of worthy events.

2015 ANNUAL REPORT

On the strength of the AMFS experience, BuzzFeed included Aspen in its list of “18 U.S. Honeymoons for Every Type of Traveler” and encouraged readers to pack a picnic basket and enjoy a romantic afternoon listening to music on the David Karetsky Music Lawn.

BENEFITS Benefit evenings over the 2015 season together netted $670,118 in support of the Festival and School’s programs. The annual Season Benefit—A Feast of Music, honoring Stefan Edlis and Gael Neeson—was held on August 3 at the Hotel Jerome. Chaired by Toby Devan Lewis, this crowd-pleasing event paired gourmet fare with wonderful music and featured performances by violinist Gil Shaham, guitarist Sharon Isbin, and AMFS alumna soprano Tamara Wilson, among others. On July 20, the AMFS held its 12th Annual Opera Benefit. The black-tie evening began with an exclusive cocktail party at the home of Benefit Chair Richard Edwards, continued on to dinner at the renowned, members-only Caribou Club, and concluded with a dedicated performance of Charles Gounod’s Roméo et Juliette, performed by the rising stars from the Aspen Opera Theater Center. Other special benefit events in 2015 included the Winter Benefit on March 13, featuring pianist Vladimir Feltsman, the Aida Celebration Dinner, and several Artist Dinners and House Music concerts throughout the summer. The 2015 Artist Dinners featured three spectacular guest artists: Daniel Hope, violin; Vittorio Grigòlo, tenor; and Nikolai Lugansky, piano. Guests enjoyed an intimate evening of cocktails, music, and great food, all while getting to know these remarkable musicians. ON RIGHT, FROM TOP TO BOTTOM

Alan Fletcher and Benefit Chair Richard Edwards at the 2015 Opera Benefit Patsy Malone and Darby Glenn at an Artist Dinner Becky Murray and violinist Daniel Hope at an Artist Dinner featuring Hope 2015 SEASON BENEFIT HONOREES STEFAN EDLIS AND GAEL NEESON

Denise Monteleone and Jim Martin at the 2015 Opera Benefit Violinist Robert McDuffie with Mercedes T. Bass at the Aida Celebration Dinner

2015 ANNUAL REPORT

Soprano and AMFS alumna Tamara Wilson performs at the 2015 Season Benefit

CAMPUS CONSTRUCTION PHASE II

ASPEN MUSIC FESTIVAL AND SCHOOL

Bulldozers rolled onto the Matthew and Carolyn Bucksbaum Campus just four days after the end of the 2015 summer Festival, on August 27, 2015. The first order of business was to demolish the non-historic old buildings to make way for the new. Gone quickly were the classroom buildings, “Isolde” studio, and maintenance buildings that were past the ponds on the far side of Campus. As soon as the debris was cleared, foundation work began—digging and driving metal rods called micropiles down deep into the earth and rock. Repairs began on the historic building known as the Gordon Hardy Administration Building, including jacking up a corner of the foundation nine inches to make it level, and site infrastructure went in, such as the extension of the water line.

In the span of just nine months—in time for the 2016 season— the Campus will have been transformed with fourteen new buildings, including the AMFS’s largest rehearsal hall, more studios for teaching and practicing, a new dining hall, and professional office space. To see the process, visit www.bucksbaumcampus.org.

Oct. 1, 2014–Sept. 30, 2015

Robert J. Hurst, Chair Michael Klein, Vice Chair Sam Brown, Treasurer Gail Engelberg, Secretary Alan Fletcher, President and CEO Thomas H. Baer Edward C. Berkeley Sandra K. Bishop Kay Bucksbaum Martin Carver Warren Deck Donald Drapkin* Stephen Drimmer James Dunham Jerry Eberhardt Alan Englander Ann Friedman Jessica Fullerton Mary Giese Sanford Grossman Jonathan Haas David Halen Linda Vitti Herbst Allison Kanders Cathy L. Koplovitz Jonathan Lee Espen Lilleslåtten Robert Lipsett Anthony Mazza Willem Mesdag Alexandra Munroe Jerry Murdock Michael Murray Stephanie Naidoff Anton Nel Janet O’Connor Patricia Papper Fonda Paterson

Aaron Podhurst Dana Powell Anne Reyes John Rojak Arlene Lidsky Salomon Danner Schefler Caryn Scheidt Lori Schiff Jane Sherman Gillian Steel Judith Steinberg Erika Aronson Stern Steven Stucky* Joaquin Valdepeñas Nancy Wall Carrie Wells Walter Isaacson, ex-officio HONORARY TRUSTEES Gordon Hardy, in memoriam Joan W. Harris Itzhak Perlman Robert Spano Pinchas Zukerman LIFE TRUSTEES Paula Bernstein William Bernstein Noël Congdon Marian Lyeth Davis Al Dietsch John Doremus Stefan Edlis Martin Flug, in memoriam Gerri Karetsky Nancy Odén Charles Paterson Betty Schermer Ford Schumann Dennis Vaughn *Passed away February 2016

2015 ANNUAL REPORT

BOARD OF TRUSTEES

ARTIST-FACULTY during the 2015 season VOICE

VIOLIN

VIOLA

OBOE

Luretta Bybee Vinson Cole Anthony Dean Griffey Elizabeth Hynes Stephen King Sanford Sylvan

Renata Arado Sibbi Bernhardsson Earl Carlyss Laurie Carney Laura Park Chen Robert Chen David Coucheron Ellen dePasquale Edward Dusinberre Megan Freivogel Simin Ganatra David Halen Robert Hanford Cornelia Heard Paul Kantor Masao Kawasaki Alexander Kerr Nelson Lee Epsen Lilleslåtten Robert Lipsett Robert McDuffie Sylvia Rosenberg Károly Schranz Naoko Tanaka Bing Wang Donald Weilerstein Peter Winograd

Daniel Avshalomov Catharine Carroll Lees CJ Chang Victoria Chiang James Dunham Liz Freivogel Beth Guterman Chu Masao Kawasaki Masumi Per Rostad Sabina Thatcher Thomas Turner Geraldine Walther Stephen Wyrczynski

Robert Atherholt Elaine Douvas Ariana Ghez Farrell Frank Rosenwein

ASPEN MUSIC FESTIVAL AND SCHOOL

ASPEN OPERA THEATER CENTER

Edward Berkeley, director Elizabeth Buccheri, head of music William Billingham Garnett Bruce Brian DeMaris Mary Duncan Steidl Timothy Long Kenneth Merrill Gayletha Nichols James Robinson Jeanne Slater Diane Zola PIANO Hung-Kuan Chen Anne Epperson Yoheved Kaplinsky Julian Martin Anton Nel Ann Schein Rita Sloan Arie Vardi Virginia Weckstrom Vivian Hornik Weilerstein Wu Han

CELLO Richard Aaron Darrett Adkins András Fejér David Finckel Desmond Hoebig Eric Kim Wolfram Koessel Daniel McDonough Michael Mermagen Brinton Averil Smith Brandon Vamos DOUBLE BASS Bruce Bransby Christopher Hanulik Albert Laszlo Edgar Meyer FLUTE Nadine Asin Bonita Boyd Jeffrey Khaner Mark Sparks

CLARINET Burt Hara Bil Jackson Joaquin Valdepeñas BASSOON Keith Buncke Nancy Goeres Per Hannevold Michael Sweeney FRENCH HORN Andrew Bain Julie Landsman Erik Ralske Eric Reed David Wakefield John Zirbel TRUMPET Karin Bliznik Kevin Cobb Louis Hanzlik Thomas Hooten Raymond Mase TROMBONE Per Brevig James Miller Timothy Myers Michael Powell John D. Rojak

Warren Deck PERCUSSION Jonathan Haas David Herbert Douglas Howard Joseph Pereira Thomas Stubbs Mark Yancich Paul Yancich Cynthia Yeh HARP Gillian Benet Sella Anneleen Lenaerts GUITAR Sharon Isbin MUSIC DIRECTOR ROBERT SPANO LEADS THE ASPEN OPERA THEATER CENTER ORCHESTRA DURING A DRESS REHEARSAL.

CENTER FOR ADVANCED QUARTET STUDIES Earl Carlyss, director James Dunham Sylvia Rosenberg ALEXANDER TECHNIQUE Lauren Schiff LUTHIER Joan Balter ASPEN CONDUCTING ACADEMY Robert Spano, director Asadour Santourian, Program Administrator Christian Arming, visiting faculty Josep Caballé-Domenech, visiting faculty Federico Cortese, visiting faculty

Nicholas McGegan, visiting faculty Larry Rachleff, visiting faculty Patrick Summers, visiting faculty Hugh Wolff, visiting faculty

ENSEMBLES-IN-RESIDENCE

SUSAN AND FORD SCHUMANN CENTER FOR COMPOSITION STUDIES

ARTIST-FACULTY EMERITUS

Sydney Hodkinson, composer-in-residence Shulamit Ran, composer-in residence Christopher Rouse, composer-in residence Steven Stucky, composer-in residence Christopher Theofanidis, composer-in residence George Tsontakis, composer-in residence Anthony Cheung, visiting composer Jennifer Higdon, visiting composer Xinyan Li, visiting composer Steven Mackey, visiting composer Robert Paterson, visiting composer Judith Shatin, visiting composer Nina C. Young, visiting composer ASPEN CONTEMPORARY ENSEMBLE Stephen Burns, conductor Sydney Hodkinson, conductor Timothy Weiss, conductor

American Brass Quintet American String Quartet Jupiter String Quartet Pacifica Quartet Takács Quartet Adele Addison, voice Robert Biddlecome, trombone Gabriel Chodos, piano Carole Cowan, violin Michael Czaijkowski, composition John Graham, viola William Grubb, cello Irene Gubrud, voice Thomas Haines, film scoring and audio recording Alan Harris, cello Jennifer John, violin Joseph Kalichstein, piano Eugene Levinson, bass Jorge Mester, music director Theodore Oien, clarinet Antoinette Perry, piano Sylvia Plyler, AOTC Louis Ranger, trumpet Christopher Rouse, composition Dennis Smylie, bass clarinet Paul Sperry, voice Viviane Thomas, voice Martin Verdrager, theory Dick Waller, clarinet Won Bin Yim, violin

2015 ANNUAL REPORT

TUBA

25 ARTIST-FACULTY MEMBER ROBERT LIPSETT TEACHES A PRIVATE LESSON.

VIOLINIST AND AMFS ALUMNA SARAH CHANG TAKES THE STAGE TO PERFORM SIBELIUSâ&#x20AC;&#x2122;S VIOLIN CONCERTO IN D MINOR WITH THE ASPEN PHILHARMONIC ORCHESTRA.

The Aspen Music Festival and School gratefully acknowledges those who made contributions to the organization between October 1, 2014, and September 30, 2015. This includes support of the Annual Fund, memorial and honorary gifts, Winter Music sponsorships, Benefit and Artist Dinner support, and special projects. Annual contributions are the backbone of support for the realization of the Festival and Schoolâ&#x20AC;&#x2122;s mission. With these gifts, donors support artist-faculty teaching, concert performances, opera productions, student education, guest artist appearances, community outreach, and many other essential projects. We remain profoundly grateful to each donor listed here. IN MEMORIAM*

$150,000 and above

It is with sadness we note the passing of 2015 students Ben Darneille and Alex Greene; former AMFS staff member Jane Erb; Life Trustee Martin Flug; former artist-faculty members Claude Frank and Laszlo Varga; longtime volunteer Catherine Leone Chelsworth Garland; former orchestra librarian Laurie Lake; and former chorus master Donald Thulean.

INDIVIDUALS Mrs. Mercedes T. Bass Stefan Edlis and Gael Neeson Nancy and Charles Wall

$100,000 and above INDIVIDUALS Anonymous Kay Bucksbaum Dana and Gene Powell

BUSINESSES/FOUNDATIONS City of Aspen Dorothy Richard Starling Foundation

$75,000 and above INDIVIDUALS Shirley and Barnett C. Helzberg, Jr. Soledad and Robert Hurst

*Passed away between October 1, 2014, and September 30, 2015

Joan Fabry and Michael Klein The Lewis Family

BUSINESSES/FOUNDATIONS Steinway & Sons, Inc. Tippet Rise Fund of the Sidney E. Frank Foundation

$50,000 and above INDIVIDUALS Anonymous Martin Carver Ruth Carver Sue Hostetler and Donald G. Drapkin Jane and Michael Eisner, The Eisner Foundation Allison and Warren Kanders Becky and Mike Murray Anne and Chris Reyes Caryn and Rudi Scheidt, Jr. Jeannie and John Seybold Gillian and Robert Steel Beatrice and Anthony Welters

$30,000 and above INDIVIDUALS Anonymous Edward P. Bass Susan and Richard Braddock ZoĂŤ and William D. Budinger Nadia and Stephen Drimmer Antonia Paepcke DuBrul and the DuBrul Family Richard Edwards Gail and Alfred Engelberg Linda and Alan Englander Ann and Tom Friedman Jessica and John Fullerton Mary E. and Erik Giese Sanford and Naava Grossman Irving Harris Foundation, Joan W. Harris Linda Vitti and Clancy Joe Herbst Jane and Gerald Katcher Barbara Koval Leonard and Judy Lauder

2015 ANNUAL REPORT

FAMILY OF SUPPORTERS

Lisa and Will Mesdag Kelli and Allen Questrom Lynda and Stewart Resnick

FAMILY OF SUPPORTERS

Barbara and Jonathan Lee Mona Look-Mazza and Tony Mazza John P. and Anne W. McNulty Foundation Diane and Ronald Miller Charitable Trust Alexandra Munroe and Robert Rosenkranz David Newberger Janet and Tom O’Connor Patricia M. and Emanuel M. Papper Foundation Anne and Arny Porath Ali and Lew Sanders Mary and Patrick Scanlan, in memory of Matthew Bucksbaum Betty and Lloyd Schermer June and Paul Schorr Jane and Larry Sherman Judith Z. Steinberg and Paul J. Hoenmans Eva and Marc Stern

BUSINESSES/FOUNDATIONS Aspen Peak Magazine The Aspen Times Aspen Magazine Louis & Harold Price Foundation, Inc. Music Center of Los Angeles County

$17,000 and above

ASPEN MUSIC FESTIVAL AND SCHOOL

INDIVIDUALS

Anonymous Erika Aronson Stern and Adam Stern Nadine Asin and Thomas van Straaten Giancarla and Luciano Berti Bishop Family Foundation Margy and Jerry Eberhardt Marcy and Leo Edelstein Lillian Hardy* Neil Karbank Gerri Karetsky and Larry Naughton Cathy and Jonathan Koplovitz Steve Marcus Judy and Werner* Neuman Margot and Tom Pritzker Jeannie and Tom Rutherfoord Gail and Daniel E. Schmidt IV The Simms/Mann Family Foundation,

Victoria and Ronald Simms Carrie and Joe Wells Martha Yocum

BUSINESSES/FOUNDATIONS LLWW Foundation Mountain Living Magazine The Polonsky Foundation Thomas S. Kenan Institute for the Arts

$11,000 and above INDIVIDUALS Charles Balbach and Maggie Hayes Susan Beckerman Rita and Irwin Blitt Stephen Brint and Mark Brown Sam Brown and Alison Teal - Centennial Partners Noël and Tom Congdon Bunni and Paul Copaken Sylvie and Gary Crum Mr. and Mrs. David Dreman/ The Dreman Foundation Judith Barnard and Michael Fain Shannon Fairbanks Deborah and Richard Felder Nanette and Jerry* Finger Karen and Jim Frank/J.S. Frank Foundation Jane and Bill Frazer Ann and Gordon Getty Foundation Harriett and Richard E. Gold Michael Goldberg and Ramona Bruland Jan and Ronald Greenberg Ellen and Irv Hockaday Sylvia and Dick Kaufman Barbara Bluhm-Kaul and Donald Kaul Ann and Tom Korologos Marianne and Sheldon Lubar Charitable Fund Holly and John Madigan Bettie McGowin Miller Ann and Bill Nitze Pauline Pitt Dorothy and Aaron Podhurst Arlene and Chester Salomon

Danner and Arno Schefler Isa Catto Shaw and Daniel Shaw, in memory of Heather Catto Kohout Melani and Rob Walton

BUSINESSES/FOUNDATIONS Aspen Square Condominium Hotel Buccellati Carl’s Pharmacy Fondation Princesse Grace de Monaco JUSTIN Vineyards & Winery Landmark Vineyards Maja DuBrul Sure Thing Burger The Gant Condominium Association The Little Nell

$7,000 and above INDIVIDUALS Anonymous (2) Thomas H. Baer Marilyn and George Baker Vivian and Norman Belmonte Barbara and Bruce Berger Ronit and William Berkman Deborah and Gabriel Brener Suzanne D. and M. Peyton Bucy Jon Busch Mr. and Mrs. Richard Cantor Ann Schein and Earl Carlyss Katherine and Dane Chapin Tina Chen and Marvin Josephson Patricia and Gustavo Cisneros Martha and Bruce Clinton Camille Cook and Siri Hutcheson Margit and Lloyd Cotsen Eleanore and Domenico De Sole Alex Dell Muffy and Andy DiSabatino Marcia and John Donnell Maja and Nicholas DuBrul Pamela and Kenneth Dunn Leatrice and Melvin Eagle Sandy and Paul Edgerley

Judith Swift and Dick Osur Cathryn and Victor Palmieri Jean and Allen Parelman Fonda and Charles Paterson Merbie and Tom Payne Pat and Ed Peterson Kathryn and Richard Rabinow Catherine and Tom Reagan Lecie and Jack Resneck Myra and Robert Rich Carolyne Roehm and Simon Pinniger Sandy and Mark Rothman Judy and Gary Rubin Nancy and Miles Rubin Lois and Tom Sando Gloria Scharlin Lisa and David T. Schiff, The Schiff Foundation Phyllis and David Scruggs Arthur Shorin Lois Siegel Nancy and Bruce Stevens Marcia Strickland Sue and Dick Volk Marion W. Weiss Tamara and Frank Woods Paula Paepcke Zurcher

BUSINESSES/FOUNDATIONS Alpine Bank of Aspen America-Israel Cultural Foundation Asian Cultural Council Aspen Public Radio Aspen Sojourner Caribou Club, Ltd. Chateau Roaring Fork Condominium Assn. Frias Properties of Aspen, Chuck Frias & Tim Clark Hotel Jerome Fred and Elli Iselin Foundation Guildhall School of Music and Drama John P. McBride Family and the ABC Foundation Minersâ&#x20AC;&#x2122; Building

2015 ANNUAL REPORT

Gail and Richard Elden Debbie and Jerry Epstein Alan Fletcher and Ron Schiller Mr. and Mrs. Owen O. Freeman, Jr. Barbara and Richard I. Furman Julie Gerson, in memory of Peter Gerson Mr. and Mrs. George C. Gibson Sandy and Lee Godfrey Barbara Gold Meg and Bennett Goodman Andi and Jim Gordon, The Edgewater Funds Merle C. Chambers and Hugh A. Grant Arthur Greenberg and Elaine Hoffman Celeste C. and Jack J. Grynberg Julia Hansen Patricia and Rodes Hart Deborah and Larry Hoffman Ann F. and Edward R. Hudson, Jr. Mary Ann Hyde Shana Johnstone/Shenandoah Foundation Sally B. Kaplan Don Keltner Marianne and Richard Kipper Anna-Lisa Klettenberg Meg and Mel Knyper Mary Jo and Dick Kovacevich Ellen and Fred Kucker Katharine Kurtz Joe LaDou Bette and James MacDonald Patty and Robert Mack Denise Monteleone and James Martin Nancy and Peter Meinig Meinig Family Foundation Gail and Alec Merriam Diane and Mead Metcalf Renee and Bruce Michelson Stephanie and Michael Naidoff Ilene and Jeff Nathan Judith E. Neisser Mr. and Mrs. Don H. Nelson Nedra and Mark Oren

29 RTIST-FACULTY MEMBER YOHEVED A KAPLINSKY TEACHES A PRIVATE LESSON.

FAMILY OF SUPPORTERS ASPEN MUSIC FESTIVAL AND SCHOOL 30

Mountain Chalet-Aspen Royal Academy of Music Royal College of Music The Aaron Copland Fund for Music, Inc. Shaw Construction The Sky Hotel The Solid Rock Foundation The Worldwide Ireland Funds U.S. Bank Wells Fargo Private Bank and Abbot Downing

$3,500 and above INDIVIDUALS Anonymous (2) Penny and Fred Abrams Ronald Ager Tracy and Dennis Albers Nancy and Bob Blank Mark A. Bradley Jackie and John Bucksbaum Newton Bartley and Eric Calderon Janet F. Clark Pamela and Chris Denby Brian and Susan Dickie Germaine and Al Dietsch Laura Donnelley Sherri Draper Anne and Alan Feld, Communities Foundation of Texas Theba and Buster Feldman Rich Garvin Donna Genet Honorable Joseph and Alma Gildenhorn Barbara and Gary Goldstein Susanne H. Goldstein Mary Farver Griffith Brenda and James Grusecki Marianne and John Gunzler Vinod and Laurel Gupta Mr. Kenneth Gutner Sarah and Joel L. Handelman Lita Warner Heller Juliane Heyman

Phyllis S. Hojel Erica Hartman-Horvitz and Richard Horvitz Liba Icahn Dorothy S. Jacobs Dr. Jane Jenkins Linda and Eugene Kalnitsky Nancy and Don Kempf Thomas S. Kenan, III Hyunja and Jeff Kenner Sally and Jim Klingbeil Raymond Learsy Mimi and Don Leslie Nancy and Bart Levin Melony and Adam Lewis Bertel M. Lewis Judy and Sam Linhart Mary Ralph Lowe Phyllis and Saul Lowitt Nancy and Robert Magoon Marlene and Fred Malek Betty and Jim McManus Ellie and Bob Meyers Sue Miller Robert Prentis Morris and JoAnn Ross Linda and Gary Nathanson Drs. Amy D. Ronner and Michael P. Pacin Essie and Jordan H. Perlmutter Mr. and Mrs. Robert D. Pugh Marilynn and Charles Rivkin Phyllis and Sidney Rodbell Michael and Debbi Fields Rose Advised Fund at Aspen Comm. Fdtn. Gary Rosenau Berns-Rothchild Foundation Jeffrey H. Salzman Clare and Marius Sanger Barbara and Gene Schmitt Alece and David Schreiber Karen Setterfield and David Muckenhirn Irene and Phil Shiekman Evelyn Siegel Audrey Spiegel Jennifer and David Stockman Billy Stolz

Helen E. Stone Curt Strand Andrea and Lubert Stryer Vivian Sweeney Linda and Dennis Vaughn Rivka and Seth Weisberg Andrea Yablon Alison and Boniface Zaino Una Chae and Jonathan Zucker

BUSINESSES/FOUNDATIONS The ASCAP Foundation Raymond Hubbell Musical Scholarship Fund bb’s kitchen Butterfield & Robinson Clark’s Market Community Banks of Colorado, a division of NBH Bank, N.A. European Caterers, Ltd. FIJI Water Golub Family Foundation Les Dames d’Aspen Maison Ullens Ernst and Wilma Martens Foundation Pitkin County Dry Goods The Scout Guide The Thrift Shop of Aspen St. Regis Aspen Resort Vulcan Materials Company Matching Gifts

$1,750 and above INDIVIDUALS The Rona and Jeffrey Abramson Foundation Cornelia and Nathaniel Bates Chuck Bellock Jill and Jay Bernstein Wilma and Stuart Bernstein Sue and Jock Bickert Janet and Robert Blaich Catherine and Bill Cabaniss Judy and Archibald Cox, Jr. Inanna Donnelley and Jeffrey Taback and the Gaylord Donnelley Charitable Trust Caroline W. Duell Merle Dulien

Robin and Dr. Harold Quinn Karen and Don Ringsby Ellen Roeser Helen and Marc Rubenstein Theresa Chase Sachdeva Linda and Jay Sandrich Lorraine and Mark Schapiro Madeline and Michael Silverman Sandy and Stephen Stay Marti and Austin Sullivan Susman Family Foundation Lucia Swanson and Ted Levine Pegi and Michael Touff Carol and Mack Trapp Sallyann Wekstein Mindy Wexler Mary and Hugh Wise Zanin Family Foundation Barbara and John Zrno

BUSINESSES/FOUNDATIONS Aspen Daily News Aspen Self Storage Warehouses Aspen Valley Hospital Burberry Fusion Design and Catering Grande River Vineyards Harriman Construction, Inc. Jayâ&#x20AC;&#x2122;s Valet Nina McLemore Omnibus Gallery Sashae Floral Arts & Gifts

$700 and above INDIVIDUALS June and Hovik Abramian Ruth C. Abramson Joyce Amico Becky Ayres Joe M. Badt, III Michael Behrendt Tina and Simon Beriro The Community Foundation -Mortimer and Josephine Cohen Fund

Judy Bridewell Biondini H. Lambert - C. Bond Joan B. Boucher Dr. Eugene L. Brand Lucia and Louis Brandt LesLianne and Richard Braunstein Kathy and Richard Broussard R. Malcolm Brown, Jr. Patsy and Ron Buckly Shirley Chann, In Memory of Earl Kai Chann Drs. Janet and Henry Claman Phyllis M. Coors Mary and John Cronin Dave Danforth Sandra and Lynn Davis Dudley and Michael Del Balso Elaine and Claiborne Deming Tony DiLucia Mary Dominick-Coomer and Sven Coomer Carol and Buzz Dopkin Marsha and David Dowler Deborah and James Dunham Robert Eisenhuth Mrs. Suellen Estrin Lyn L. Evans Joan and Bob Feitler Pamela Finkelman Laurence Fitterer Marcia and Donald Flaks Ricki and Peter Fuchs Susana Funsten Elvie and Yale Gieszl Darby Glenn and Patsy Malone Karen Goldman, in memory of Jerry Goldman Linda and Nelson Gordman Joan Gordon Christine Grad, M.D. Ruth Grinspoon, Hearthstone House Joan and Rodger Gurrentz, in memory of Susan and Morton Gurrentz Gurrentz Family Sally and Steve Hansen Paula and David Harris

2015 ANNUAL REPORT

Bernice and Loyal Durand Elke Eckert Charles B. Edison Memorial, Mrs. Charles B. Edison Diana Elton Marja Engler Mary and Paul Fee Susan and George Fesus Jim Fifield Mary Ann Frenzel Virginia and Gary Gerst Nancy Goeres and Michael Rusinek Jean Golden Lynda M. Goldstein Robert S. Graham Marilyn and Dean Greenberg Maryann and Adrian Gruia Alexander Henkin Dorene and Frank Herzog Sharon and Lawrence Hite Elizabeth Katz and Reed Hundt Tom Isaac Ellen and Fritz Kahn Andrew Karetsky Margaret Katcher Bonnie Levinson and Dr. Donald Kay Harriet Washton and George Kaye Jackie and Jerry Kehle Lisa See and Richard Kendall Mollie L. and Garland M. Lasater, Jr. Charitable Fund Bruce Lee for Rockwood Charitable Trust Linda Dresner and Ed Levy, Jr. Perry J. Lewis Drs. John and Mary Sanfelippo Lilley Anne Marquis Tita and Dan McCarty Joyce McGilvray Bette and Donne Moen Carolina and Parker Montgomery Donald and Judith Norris Nancy OdĂŠn Mary K. Oxley Foundation Mr. and Mrs. William A. Parker, Jr.

FAMILY OF SUPPORTERS ASPEN MUSIC FESTIVAL AND SCHOOL 32

Linda and Steven Hill Dale and Stephen Hoffman Leonora Horwin Barbara Reid and David Hyman Susan A. Ingerman and Arlene Siegelman Sandra and Bob Ireland Sandy and Charles Israel Deborah and John Johnston Mary Kay and Ed Joyce Laura and Michael Kaplan Veda Kaplinsky Mr. and Mrs. John Karoly Ann and Stephen Kaufman, in honor of Ed Berkeley Martha and Garnett Keith Lorraine and Bob Kingsbury Katie Kitchen and Paul Kovach Linda and Gary Krat John Krehbiel, Jr. Laura and Gary Lauder Rose Ann and Michael Leiner Carol Lewis Margaret and Daniel Loeb, Third Point Foundation Michael and Karyn Lutz Family Foundation

Nancy Manderson Margaret and Larry Marsland Karen Mende-Fridkis Robbie and John Michelman Betty Kelly Moore Caroline Y. and John Moore Gayle B. Morgan and Jonathan Armytage Laura Taylor Mulkey and David A. Mulkey, MD Betty Naster Bert Neirick John J. Nicholson Glenda and Doug Otten Hensley and James Peterson Cyrena and Lee Pondrom Christy and Bill Pope Noyes W. Rogers Elaine and Marvin Rosenberg David A. Roth Loie and Howard Rudge Joann and Richard Sanders Karen and Nathan Sandler Sally Saunders Robin and David Savitz Kitty P. Sherwin

Ellen and Mort Silver Julie and Brian Simmons Mr. and Mrs. Heinz K. Simon Susan Bromberg Skolnick and Robert Skolnick Susanne and Jack Sogard Robin and Larry Statsky Bill Stirling Austine Stitt Alana Spiwak and Sam Stolbun Norma and Don Stone Freddie and Arthur Stromberg Barbara and Rob Sypult Michael Teschner The Vicino Family Charitable fund of the Community Foundation of Broward Patti and Jay Webster Sheila and Jack Weinberg Jo and Howard Weiner Norman Werbner Laura Werlin Robert P. â&#x20AC;&#x153;Chetâ&#x20AC;? Winchester

BUSINESSES/FOUNDATIONS The Arts Federation

$350 and above INDIVIDUALS Anonymous BJ and Michael Adams Dr. John E. Amos Carole and Arnold Bailis Janice Heard Baucum Mary Ann and John Beckley Phyllis and Sanford Beim Carol and Mark Berliant Anne and Clarence Blackwell Rita K. Bloom Sandra M. Moses and Harvey S. Bodker Dr. and Mrs. Daniel M. Brener Galen Bright Markell Brooks Richard Carrigan Carol and David Clemons Sheila M. Cleworth Willow and Bob Connery Claire and Wayne Dailey Nancy Thomas and Roger Davis Adelaide and James Davis Sheryl and Michael DeGenring Lee W. Dorsey Kay and Tom Dunton Ginny and Brad Epsten Nancy and Mike Estrada Mynan and Sam Feldman Julia and Michael Fink Carol H. and Leo Fishman Audrey A. Sattler and Donald J. Fleisher Edmund Frank and Eustacia Su Kathy and Jeff Friedland The Gerson Family

Shirley and David Ginzberg Ethel and Bill Gofen Sandy and Bill Goodglick Marcy and Howard Gross Lulie and Gordon Gund Mary Ann and James R. Harris Connie Heard and Edgar Meyer Stephanie and Kyle Heckman Kristen Henry Barbara and Gerald D. Hines Dr. Leonard Horwitz Carlton J. Hunke Woody and Gayle Hunt Family Foundation Kay and David K. Ingalls Virginia and Richard Irwin Dr. Joseph and Mrs. Cathy Jankovic Ann and Doug Jones Meg and Ralph Jones Kathy and Richard Kaplan Judah Klausner Gloria and Robert Koenig Christa Kohler, in memory of Peter Kohler Marilyn and Earl Latterman Judith and Robert Layton Joan Lebach Angi Lester Nancy R. Levi Ann C. Levy Mr. and Mrs. Dennis W. Loughridge Ginnie Maes Evi and Evan Makovsky Jeannette and Mervyn Mandelbaum Peggy and David Marks Kathy Mayer Colleen and Bill McAleer Donald P. McCourt Roberta McCoy Sally and Bruce McMillen Dr. and Mrs. William Mitchell Shelah and Marc Moller Paula and Herbert R. Molner Beth and Josh Mondry Debbie and Bill Montgomery Eudice and William Morse

Jane Moy and Paul Ruid Ricki and Kerry Newman Naughton-Nicholson Foundation/ Will F. Nicholson, Jr. Jane and Carroll Novicki Beverly and Staman Ogilvie Lynda Palevsky Jan and Jim Patterson Meghan Pearlman and Aaron Pearlman Dr. and Mrs. David S. Pearlman Cathy and John Pearson Susan and Paul Penn Marjorie Musgrave and Frank S. Peters Joyce and Ken Polse Pamela and James Porter Irma Prodinger Clare and Charles Reel Edie and Donn Resnick Melanie and Myron Roschko Sarah Broughton and John Rowland Diana Rumsey Priscilla A. Sadler Mark Salkind Susan and Sheldon Schneider Lyn Rosensweig and Bruce Schnelwar Debra and Dennis Scholl Susan and Ford Schumann Joseph W. Serene Joyce and Charles Shenk Sally Shiekman-Miller Bobbi and Gary Siegel Alicia and Alan Sirkin JoAnn C. Skillett Rona and Norman Smith Julie and Barry Smooke Christopher Souki Phyllis and Ron Steinhart Freda Gail Stern Parvez Taj Anne and Bill Tobey Cathy Mitchell Toren and Peter Toren In memory of Anne and Julian Vogt Margaret F. Walker Charlotte Wandell

2015 ANNUAL REPORT

Aspen Skiing Company Family Fund Frette Italian Wine Merchants Neil-Garing Insurance Roaring Fork Beer Co. Sigma Alpha Iota Town of Basalt Vosges Haut-Chocolat

FAMILY OF SUPPORTERS

Mr. and Mrs. Perry M. Waughtal Sam and Marshall Webb

BUSINESSES/FOUNDATIONS Aspen Constructors, Inc.-Michael Tanguay Bethel Party Rentals Everbank Independence Press, Inc. Mu Phi Epsilon Foundation National Academy of Recording Arts & Sciences, Inc. National Federation of Music Clubs Pfizer Inc. Titoâ&#x20AC;&#x2122;s Vodka

$175 and above

ASPEN MUSIC FESTIVAL AND SCHOOL

INDIVIDUALS

Marcella W. Ach Marsha and Bill Adler Karen J. Alleger Robert C. Anderson Fran and Dr. Dan Arnold Joan Balter Carol T. Batchelder Margaret Bates and Scott Johnson Gail and Jeffrey Bayer Christine S. and Leif C. Beck Barbara and Karl Becker Dr. Barbara Berkman Marcia Bishop Sandra Blake Marlene and Berle Blitstein Frances Freedman Blum and Jon Blum Fran and Larry Blum Carol and Morty Blumberg Kitty Boone Dorothy Fait and David Borenstein Harriett and Bob Breihan Berit and Per Brevig Linda and Bob Brining K. Dane and Carter Brooksher Wendy and Dale Brott Marian and Buzz Brown Mr. and Mrs. Douglas M. Cain

Rika and David Charley Jill and Allen Chozen Louise and Harris Clearfield Peter R. Cohn Wini and Jack Colleran Joanne and Dr. Michael Condie Richard Condon Lucy Creighton Anna Beth Culver E. Lee DeGolyer, III Kara Horner and Spencer Denison Ina and Jan Dlouhy Penny and Charles Donelan Maria and Paul Dragoumis Carrie and Ronald Drazin Mary Elizabeth Droste Eliza and Johnny Duncan Nancy S. Dunlap Libby and Ken Elbaum Dr. Peter P. Emily - PEIVDF Ellie and Stuart Fine Margot Fleck, in memory of Bert Maxon David Frantz Sandra and Harold Friedman Dorothy Frommer Sara Garton Sally and Alan Gass Connie Mansell and Martin Gellen DeeDee and Herb Glimcher Thorey and Barry Goldstein Ann and Jim Goodman Jerry Gotkin Lenore and Bernard Greenberg Nanette and Irving Greif, Jr. Roslyn Harkavy Nancy and Robert Hatch Sue and Bob Hess Cynthia Kaye Norris Betty and Syd Hodkinson Vicki and Thomas Horwich Denise and Erv Jindrich Ms. Martie A. Moreno and Dr. Roger L. Johnson Shael Johnson

Maury and Gerry Kaplan Eva and Peter Kaus Meg and Phil Kendall Sylvia Blau and Rabbi Samuel Kenner Dr. Edith W. King and Matthew King Janet Korenblat Judy Kravitz Andrew Lan Kristin and Chuck Lohmiller Mikey and Marty Lustberg Nancy and Richard Maltrud Dr. Frank C. Marino Foundation, Inc. Susan E. and William H. Mason Joelle McDonough - Henry Claessens Virginia and William McGehee Mary Mendenhall John Menninger Suzanne and Taber Meyers Trudy Ann Milcan Jean and Saul A. Mintz Foundation Dick Moebius Shelley Burke and Al Nemoff Karin Reid Offield Baba and Tom Owen Ruth Owens Peggy and Paul Pace Rochelle Paris Carol Paul and Glenn Earl Joyce and Roger Perry David K. Perry Deborah Prince Gloria and Joe Pryzant Faith and David Rachofsky Janet and Joe Raczak Joe Randall Betsy Ratcliff Ann and Gene Reiling Pearl and Stephen Renaker Eric W. Ringsby Florence and Reuven Rosen Deborah Preston and Frank Rumore Wm. E. Russell Mary Salton Karen and Mark Sather

ARTIST-FACULTY MEMBER ERIC KIM (RIGHT) WORKS WITH A STUDENT PRIOR TO THE START OF A PERFORMANCE IN THE BENEDICT MUSIC TENT.

George Vos Jennifer Causing and Peter Waanders Joyce L. Watson and Martin R. Warshaw Karen and Dale Weaver Tina and Brian Weiner Myriam Weinstein Judy Pratt Welch Nancy and Ed White Hans Widmer Lee and Jim Wockenfuss Maureen Stone and Doug Wyatt Betty Zats

BUSINESSES/FOUNDATIONS Aspen Luggage Company Hetta and Jesse Heath Michael A. Vernon & Co. C.P.A., P.C. Microsoft Matching Gifts Program Jack Wilkie Builder, Inc. Roger I. Moyer - Aspen Painting, Inc. Silver Sky Coffee Taylor Foundation

$100 and above INDIVIDUALS Anonymous (2) C. Willis Adams, III Justin Addison Sarah C. Brett Smith and Stephen L. Adler Nina Albert Deborah and Joseph Amato Marilyn and Jules Amer Anne Anderson Jeanne Anderson Sandy Aron Carole and Paul Auvil Kristin Balko Raifie Bass Dr. Cathrine Blom and Dr. Gordon Baym Karen Beard Daniel Becker Edward C. Berkeley Richard Berkshire Dr. and Mrs. Michael Berkus

2015 ANNUAL REPORT

Merle and Dr. Joel Schneider Elyse Schostak Susie and Barry Schub Susan Sheridan Bonnie and Terry Shetler Pamela Shockley-Zalabak Robyn Samuels and Bruce Shragg Gloria and Marvin Siegel Sandra Smith Diane and Jack Smith Sandy and Sam Smith Pat Spitzmiller Dr. and Mrs. Robert Stonerock, Jr. Josephine N. Strauss J. Czuwak, J.B. Scott, P. Streveler, K. Tachau Shelly and Pete Thigpen MaryAnn Tittle Marie Torreano Mary F. Torres Linda and Denis Trupkin Betty and Jim Vandeveer

FAMILY OF SUPPORTERS ASPEN MUSIC FESTIVAL AND SCHOOL 36

Dr. and Mrs. A. David Bernanke Dr. William J. Bertschy Nancy and David Billings Betsy P. Black Leslie and Jack S. Blanton, Jr. Judy and Brett Blatter Nancy and Evan Boenning Annette and Lacy Boggess Julia and Merrill Bradley Lotta and Stuart Brafman Kathleen and Howard Brand Joseph Brazie Natalie and Alfred Brenner Hansi Brenninger Kristy Broadstone Brigitte and Peter Bunevich Robert L. Burns Emily R. Burr Tamy and Robert E. Cadger Elaine and Harris Cahn Franci Candlin Michele and Jim Cardamone Paula and Dr. Matthew Carr Emma Casson Lynda and Ron Charfoos Ronald Charpentier Caroline Christensen Judd Clarence Kim Coates Jan and Ned Cochran John R. Cohn Philanthropic Fund of the Dallas Jewish Comm. Foundation Ashley and Michael Connolly Gretchen Cooper Emily and Rick Corleto Marjorie Crawford Linda and Clay Crossland Lisa Dancing-Light Bonnie and Mike Daniels Sandy Simpson and Don Davidson Leah and Jeff Davis Rosalee and Richard Davison Sue and Richard de Campo Mary Dolan

Pamela Toon and John Doremus Susan and James M. Dubin Janice and Leroy Duroux Dr. and Mrs. John Eckrich Mr. and Mrs. Aaron Edelstein Lucy and Dan Ellerhorst Jennifer Engel Patti and Joe Farago Dr. Kathleen W. McGinniss-Feinzig and Mr. Herbert Feinzig Richard Finkelstein Nee Finley John Flood John Ryan Flynn Susan and Brendan Fox Drs. Barbara and Len Frank Prof. Tom Franks Sonia Pabin and Dan Freed Haley Fucci Jody and David Gardner Barbara Gilmore Betsy Schwarm and Rick Glesner Robert Goldstein Tamara Goldstein David V. Gollon Jill Goode Sylvia and Marvin Gordon Marlene and Dennis Grant Betty and Bernard Greenwald Mary and Rick Griffin Sue Anne Griffith Sandy and Darryl Grosjean Lori Guilander Carolos Gutierrez Jean Guyton Jordan Harill Terry Hale Jo-Ann Hall Elise and Allan Hall Steve Harriage Mark Harvey Hugh S. Hatcher Leslie and David Hatfield Vera Haubensak

Thomas Headlee Rosalie Heller Sue and Bob Helm Casady M. Henry Julia Herman Judith B. Herman Anne W. Hetlage Elizabeth Hirsch Susanna Hoeppli Liza Hogan Shirley Holst Paul W. Husted Mr. and Mrs. Frank R. Isenhart, Jr. Sandy and Peter Johnson Montae and Richard Johnson Suellen and Larry Kadis Gus Kadota Karen and Michael Kaplan Peter Kelley Chris and Gary Kelly Stacey Kelly Karen and Phil Kelton Soon Duck Kim and Kang Il Kim Craig Kioski Roberta and Mel Klein Kathryn and John Koch Carol Ann and Don Kopf Helen and Kurt Kornreich Suzanne and Arthur Koski Amy and Tom Kwei Doris La Mar Sherri and Robert Langley Marian and Leonard Lansburgh Tracy and Glen Larner Michael Latousek Thomas Latousek Carole and Gary Lazar DeDe and Moses Lebovits Linda Lee Seana and Steven Lee In honor of Lucia Swanson Lynne and Dan Levinson Mark Lewis Nancy Lewitz

Sara M. Peterson Sue and James Phelps Susan Plummer Anne Powell-Riley Wanda Wray Putnam Andrew L. Quiat and Jane Keener-Quiat Ewald Rainer Sue Lavin and Jack Real Ellen and Milt Reitman Patricia Richards Lynette Richardson Kay Richter and Stephen Buchmann Michele and Richard Right Thorn C. Roberts Mr. and Mrs. E.B. Robinson, Jr. Joyce and Herb Rosenblum Jo Anne and Dick Rubinoff Janice Rudolf and John Emery Louisa and James Rudolph Jean W. Rueschhoff Patti and Greg Rulon Suzanne Barber Ryan Nina and Joshua Saslove Judith C. Schalit Marion A. Scharffenberger Donald Schiff Lori Schiff Judith J. Schramm Debra and Gerald Schwartz Joyce Semple Reina and Alberto C. Serrano Earlene and Herb Seymour Layne Shae Nancy and Philip Shalen Boyce and Daniel Sher Carolyn and Dick Shohet Jill Shore and Harry Feldman Pat and Robert Silverman Jo Ann and Dr. Samuel C. Silverstein Denise and Michael Slomak Stanley Sloss Dr. and Mrs. Charles C. Smith Donna and Andy Smith Minette and David Stapleton

Diane Rene Stewart Pat and Tom Stocker Dr. and Mrs. Barry S. Strauch Dolores Stutsman Michelle Sullivan Alicia and James Sweeny K. M. Tafejian Cecilia Tallichet Melissa J. Temple Dottie and Sandy Thomson Dale Toetz Karen Toth Glynn B. Tucker Tara Turner Jan and Rein van West Donna and Jack Vogt Julian Vogt Ruth and Bob Wade Barbara Wagner Bruce Walker Mary Ann and Ted Wallace Wilson Wampler Katharine Warne Hanna M. Warren Jane Wasson Wendy and Elliott Weiss Emily and Fred Weitz Barbara and Bert Weller Joan O. Wertz Marj and Bill Wise Teri Wolofsky and Larry F. Witte Wendy Wogan Melinda and John Wright Ruth Wright Karen and Shelby Wyll

BUSINESSES/FOUNDATIONS Alex and Ani Aspen Graphic Solutions, Inc., Marjorie DeLuca Austin, Peirce & Smith, P.C. Dixie Dog Ventures, LLC Janet Kafka and Associates

2015 ANNUAL REPORT

Kevin Lin Jennifer and Greg Long Jeri and Ron Loser Mr. and Mrs. H. Montgomery Loud Tricia Louthis Anita and Scott Lupow Julie and Robert MacLean Kristen Maley Jocelyn S. Malkin, M.D. Carolyn and Martin Manosevitz Phyllis and Paul Marcus Carrie Marsh Karen and Patrick McDonough Martha Mecom Mr. and Mrs. Jacob Mehl Thomas W. Meissner Linda and Jerome Meister Mary Anne Meyer Cynthia Milling Tim Mooney Mike Moore Leah and Bill Moriarty Lydia Morrongiello Stephen D. Morton Rosemarie and William Murane Lyn and Doug Nehasil Drs. Sarah and Harold Nelson Lucy and Gary Nichols Joan and Ronald Nordgren Win and George Norman Sharin Norman and Larry Norman Patricia and Hiram Nowlan Theresa Oâ&#x20AC;&#x2122;Keefe Raymond Ollett and Ann Spaeth Pauli Overdorf Marilyn G. Palade Alice and Charles Parker Judith Parkinson, in memory of Scott Parkinson Ginny Car-Skaden Passoth Sandra and Fred Peirce Marsha Pendley Forest O. Peneton Terry Lee and Bill Perich

REVENUE AND EXPENSES

In 2015, the AMFS continued to make investments in quality programming and teaching as outlined in our Long-Range Plan. While these initiatives required certain investment of operating funds, we balanced these new expenses with fundraising and cost cutting in other areas. This delicate balance resulted in a small surplus for 2015.

STUDENT ENROLLMENT Student enrollment was at 617 in 2015 as compared to 626 in 2014. Our Long-Range plan calls for significant increases in student aid and these funds began to increase in 2015, more significant increases are planned for 2016. The Long-Range Plan also called for increased investment in chamber music. This required a financial investment in increased quartet residencies as well as increased payments for group coachings.

1 PERCENT

Investment income

Student fees

18 PERCENT

26 PERCENT

Ticket sales

DEVELOPMENT

ASPEN MUSIC FESTIVAL AND SCHOOL

Other income

REVENUE

Development (operating)

Total contributions increased by 4.3 percent in 2015. These increases were due to increases in new donors as well as new, dedicated fundraising from existing donors. This increase was achieved as we simultaneously raise funds for the capital and endowment Where Dreams Begin Campaign. The 2015 annual benefit, A Feast of Music, was wildly successful and left our donors excited for future events.

10 PERCENT

41 PERCENT

Other earned income 4 PERCENT

EXPENSES Programs

INVESTMENT INCOME The AMFS’s endowment policy is to draw 5 percent of a 36-month rolling average, net of fees, for operating expenses, scholarships, artist-faculty salaries, and other designated uses. The AMFS’s invested endowment had a return of -1.3 percent for fiscal year 2015 to end at a balance of $61.5 million. In the past ten years, the AMFS’s average annual return was 4.6 percent as compared to the S&P average annual return of 6.8 percent. For both the one- and the ten-year period, the AMFS’s return was achieved with significantly lower standard deviation as compared to the broader S&P 500.

1 PERCENT

Marketing

Management and general costs

4 PERCENT

15 PERCENT

Cost of sales-other earned income

Student assistance and other school costs 25 PERCENT

4 PERCENT

Faculty compensation

Program service compensation 8 PERCENT

Administrative compensation

16 PERCENT

23 PERCENT

Guest artist compensation

4 PERCENT

THE AOTC PRODUCTION OF THE COWS OF APOLLO, BY CHRISTOPHER THEOFANIDIS, WITH A LIBRETTO BY WILLIAM HOFFMAN.

REVENUE AND EXPENSES

ASPEN MUSIC FESTIVAL AND SCHOOL STATEMENT OF REVENUE AND EXPENSES As of September 30, 2015

2015 Actual

2015 Budget

Variance of Actual to Budget

2014 Actual

Student fees

$3,904,772

$3,970,335

($65,563)

$3,904,415

Ticket sales

1,485,991

1,450,905

35,086

1,486,447

652,236

624,360

27,876

568,748

Development (operating)

6,242,823

6,306,440

-63,617

5,989,617

Investment income

2,762,911

2,741,100

21,811

2,644,403

202,655

180,950

21,705

181,083

15,251,387

15,274,090

-22,703

14,774,712

Student assistance

2,495,408

2,466,650

28,758

2,394,703

Other school costs

1,344,312

1,380,205

-35,892

1,334,165

TOTAL

3,839,721

3,846,855

-7,134

3,728,868

1,655,368

1,662,675

-7,307

1,584,356

30,867

33,500

-2,633

35,357

762,178

720,020

42,158

661,157

66,771

54,975

11,796

52,975

2,515,184

2,471,170

44,014

2,333,846

REVENUE

Other earned income

Other income TOTAL REVENUE EXPENSES Student assistance and other school costs:

Faculty compensation: Base Travel Housing Shares, classes, coachings TOTAL

ASPEN MUSIC FESTIVAL AND SCHOOL

Guest artist compensation

575,274

643,550

-68,276

501,340

Administrative compensation

3,553,270

3,568,040

-14,770

3,430,758

Program service compensation

1,278,917

1,324,770

-45,853

1,229,274

Cost of sales-other earned income

546,660

539,265

7,395

435,044

Marketing

547,943

613,320

-65,377

620,643

Programs

228,843

164,000

64,843

198,255

2,297,746

2,200,860

96,886

2,216,524

15,383,557

15,371,830

11,728

14,694,552

-132,170

-97,740

-34,431

80,160 -120,920

Management and general costs TOTAL EXPENSES NET FROM OPERATIONS Capital Improvements - Unfunded

Bucksbaum capital contribution

-40,000

-25,000

Transfer of staff salaries to capital campaign and project budgets

237,841

237,840

196,941

Transfer (to)/from endowment

-131,181

Cushion / contingency

-100,000

100,000

$65,671

$100

$65,570

NET REVENUE

PERCUSSION STUDENT JUSTIN KELLY GETS READY TO STRIKE THE HAMMER DURING MAHLER’S SIXTH SYMPHONY, PERFORMED BY THE ASPEN FESTIVAL ORCHESTRA DURING THE AMFS’S FINAL CONCERT OF THE SEASON. BACK COVER PHOTO | PIANIST AND AMFS ALUMNUS CONRAD TAO PLAYS BEETHOVEN’S FANTASIA IN C MINOR, OP. 80, “CHORAL FANTASY,” WITH THE ASPEN CHAMBER SYMPHONY.

225 MUSIC SCHOOL ROAD ASPEN, CO 81611

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