ANNUAL REPORT 2017 FISCAL YEAR October 1, 2016 to September 30, 2017 ROBERT SPANO Music Director ALAN FLETCHER President and CEO
“ Music was the first thing I did that made me realize there is no ceiling. You can get as good as you want in anything.” – K evin Gobetz, 2017 AMFS double bass student, pictured with artist-faculty member Bruce Bransby
TABLE OF CONTENTS 4 Letter from the Board Chair 5 Letter from the President and CEO 6 Artistic Highlights 14 Student Experience 18 Education and Community Programming 22 Where Dreams Begin Campaign 24 Media and Broadcasts 26 Benefits 30 Board of Trustees 32 Artist-Faculty 34 Family of Supporters 48 Financial Overview
Left to right, pianist Inon Barnatan, AMFS President and CEO and composer Alan Fletcher, and AMFS Music Director Robert Spano bow after the world premiere performance of Fletcher’s Piano Concerto on July 30. C OVER PHOTO Music Director Robert Spano and Aspen Opera Center student Siena Licht Miller after the Aspen Chamber Symphony performance of Ravel’s L’enfant et les sortilèges. P HOTOS Elle Logan, Aubree Dallas, Alex Irvin
The Aspen Music Festival and School’s 2017 season of Enchantment truly lived up to its name. Thanks to our talented students, extraordinary faculty and staff, and generous supporters, we experienced unparalleled success in our core artistic and educational endeavors. The organization expanded historically important initiatives, such as our chamber music and composition programs, while continuing to attract the most brilliant musicians and teachers from around the globe. The hundreds of performances, recitals, master classes, and lectures to which our summer audiences were treated were captivating and filled the mountain air with magic and delight. More than 630 immensely talented students spent their summer in Aspen, playing and learning alongside the world’s top music teachers. Nearly seventyfive percent of them received scholarship assistance to make that opportunity possible, bringing us closer to our goal that no deserving student will miss out on the AMFS experience because of financial need. Nine percent of our students are from underrepresented minority populations—significantly higher than most of our peer institutions—which positions our organization as a leading force in the national movement to increase diversity on performance stages. The Matthew and Carolyn Bucksbaum Campus—completed last year on schedule, ahead of budget, and free of debt—continued to have a profound impact on our students, faculty, and the hundreds of community members and friends who visited our world-class facilities every week. We feel a palpable sense of pride in the beauty of our Campus and an even deeper sense of satisfaction in the kind of work we can now undertake due to its transformation.
In 2017, we also challenged ourselves to contribute more fully to the lives of area children and families. Today, more than 600 young people from 26 schools in the Roaring Fork Valley receive private music lessons, group classes, and ensemble experiences from the AMFS throughout the year. As the recipient of the largest grant given by the NEA in the State of Colorado, we launched a partnership with ArtistYear, a new national service program for arts education, which will bring five talented recent college graduates to teach music full-time in area schools for the next three years. Our public presence reflected our institution’s maturity and excellence, propelled by the recent top-to-bottom branding engagement and new initiatives like the Festival’s Impromptu magazine, which is read by hotel guests all over Aspen and Snowmass Village, and the citywide light pole banners downtown that herald the importance of arts and culture to the economic success of Aspen. The AMFS Board of Trustees is an extraordinary group; this year, we welcomed three new Trustees: Amy Margerum Berg, Arjun Gupta, and Victoria Smith. It has been a tremendous honor to serve as the Chair of the AMFS Board of Trustees for the past seven years. On behalf of all of us, thank you for everything that you’ve done and continue to do for the Aspen Music Festival and School. Like you, I look forward to watching our organization grow and evolve for many summers to come.
Robert J. Hurst Chair, Board of Trustees
LYNN GOLDSMITH
Music lives in Aspen with unsurpassed vitality. Our mission brings more than 800 musicians here to reimagine and bring a deeply personal interpretation to music from five centuries of the canon, as well as dozens of new works, some so new they are being written and revised right on our Aspen stages. In 2017, the AMFS presented major premieres, including Matthew Ricketts’s Piano Concerto, Jonathan Leshnoff’s Violin Concerto, Mohammed Fairouz’s string quartet with baritone soloist, Chris Brubeck’s Affinity: Concerto for Guitar and Orchestra, the US premiere of Luke Bedford’s opera Seven Angels, and my own Piano Concerto. Students from the Susan and Ford Schumann Center for Composition Studies produced their own music, studying under one of the most illustrious assemblages of composers anywhere, and Aspen instrumentalists and students from the Aspen Conducting Academy came together multiple times to workshop these pieces and explore what makes music speak to the human heart. With the theme of Enchantment, we looked deeply at the magical, transformative power of music. With its breadth of programming, the Festival offers an unusual opportunity to experience a myriad of works—some new, some favorites, some rediscovered, some revisited—in a way that makes each fresh again. The theme gave us the opportunity to present some lesser-known treasures, such as Ravel’s opera L’enfant et les sortilèges (The Child and the Enchantment); Zemlinsky’s The Mermaid; Prokofiev’s Symphonic Suite from The Love for Three Oranges; and Theofanidis’s Dreamtime Ancestors. At the center of the AMFS are the music students here from all over the world, young talents growing in their artistry, connecting, and collaborating with their mentors and
peers in a way unlike at any other place. They are led by our incomparable artistfaculty, joined in 2017 by new artist-faculty members Choong-Jin Chang, principal viola of The Philadelphia Orchestra; Aralee Dorough, principal flute of The Houston Symphony; Frank Epstein, former principal percussionist with the Boston Symphony Orchestra and chair of the percussion and brass departments of the New England Conservatory; Thomas Hooten, principal trumpet of the Los Angeles Philharmonic; Jeff Khaner, principal flute of The Philadelphia Orchestra; Alex Klein, former principal oboe of the Chicago Symphony; and Christina Smith, principal flute of the Atlanta Symphony Orchestra. The 2017 season not only offered once-in-a-lifetime artistic experiences and growth, but it did so within a context of solid financial and business success, with record fundraising, a balanced budget, elevated public image and awareness, and smooth operations. This is all made possible by an extraordinary community of music lovers, led by the Board of Trustees with Bob Hurst as its leader, and the artist-faculty, the Festival’s devoted National Council, every single generous donor, a wonderful group of volunteers, as well as a truly dedicated staff. I hope you enjoy this 2017 Annual Report as it recalls the wonder and joy we experienced together over the past year.
Alan Fletcher President and CEO
ARTISTIC HIGHLIGHTS It was as magical as the season theme of Enchantment promised: Music Director Robert Spano led a season exploring the ideas of magic and transformation in music; key theme works included Zemlinsky’s The Mermaid and a concert version of Ravel’s L’enfant et les sortilèges that sparkled bright enough to light up the stormy night outside. There was glamour and glory brought by the reigning classical stars of our day; intensity and depth brought by the scholarly and cutting-edge; joy in the coming together of wide-ranging yet emotionally close musical friends. Students reveled in it all, learning and growing in a blow-out, eight-week experience they will digest and draw from for years.
Above and right, Aspen Opera Center students perform on stage during the Aspen Chamber Symphony performance of Ravel’s L’enfant et les sortilèges, led by Music Director Robert Spano.
GLAMOUR AND GLORY Aspen’s celebrated alumna Renée Fleming
returned for a sold-out performance, singing songs by Michael Tilson Thomas and Björk. • A nother star alumna, violinist Sarah Chang, sold out her performance of Vivaldi’s The Four Seasons and delighted audiences with her spicy rendition of Ravel’s gypsy-flavored Tzigane with the Aspen Chamber Symphony. • T he inimitable Rufus Wainwright gave an intimate performance in Harris Concert Hall, featuring his music in new arrangements for string orchestra. Mr. Wainwright also worked privately with the Aspen Opera Center and Aspen Conducting Academy Orchestra to workshop completed scenes from his yet-to-be-premiered opera Hadrian. • Garrison Keillor returned to the Benedict Music Tent with his Prairie Home “Love and Comedy” show in a storytelling extravaganza, including the famous “singing intermission,” copresented with Belly Up Aspen.
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DRAMATIC SUCCESSES The Aspen Opera Center presented two fully staged productions, Verdi’s La Traviata, conducted by George Manahan, and Mozart’s La clemenza di Tito, directed by Jane Glover, with singers just launching into their professional careers. Both were directed by AOC Director Edward Berkeley.
The ensemble of Mozart’s La clemenza di Tito. Performers backstage during Verdi’s La traviata. The New Orleans-themed production of Verdi’s La traviata.
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IMPORTANT VOICES cclaimed pianist Inon Barnatan presented the world premiere of the piano concerto by A
AMFS President and CEO Alan Fletcher to an appreciative sold-out house. Mr. Barnatan also performed the work with the Los Angeles Philharmonic at the Hollywood Bowl on September 5. • T he Aspen Opera Center performed the U.S. premiere of Luke Bedford’s opera Seven Angels, a sophisticated cautionary tale about climate change, in a concert version with the Aspen Contemporary Ensemble. Extraordinary student pianist Tengku Irfan gave the world premiere of Matthew Ricketts’s
Melodia, for Piano and Orchestra and Grammy Award-winning guitarist Sharon Isbin performed a new concerto by Chris Brubeck called Affinity: Concerto for Guitar and Orchestra. • T he American String Quartet commissioned and performed the world premiere of a work for quartet and baritone called Evermore by Mohammed Fairouz. • T he AMFS hosted an important gathering of composers for a conversation about the concerto, moderated by composer and AMFS President and CEO Alan Fletcher. Joining the conversation were Stephen Hartke, Jonathan Leshnoff, Andrew Norman, and Christopher Theofanidis.
STEVE MUNDINGER
IN-DEPTH EXPLORATIONS • Emerging star baritone Andrè Schuen and pianist Andreas Haefliger reimagined how to present Schubert’s aching Schwanengesang (Swan Song) in a program combining the songs with works by Berg and Beethoven. The AMFS and Jazz Aspen Snowmass
together celebrated the 100th anniversary of the birth of Ella Fitzgerald with a show straight from Harlem’s Apollo Theatre tracing Ella’s life in song. AMFS students played the charts along with the Count Basie Orchestra and singers Patti Austin, Lizz Wright, and Andra Day. • Jonathan Biss returned for the second year of his three-year Beethoven Complete Piano Sonata odyssey. • T he Pacifica Quartet, with soprano Esther Heideman, performed Schoenberg’s Second String Quartet, which had never before been played at the AMFS; pianist Denis Kozhukhin played Boulez’s Piano Concerto No. 2, a “tour de force” work noted for pushing the boundaries of music making. • D ebut artists, bringing their unique musicianship for Aspen audiences to hear, included pianists Martin Helmchen and Denis Kozhukhin, violinist Sergey Khachaturyan, cellist Marie-Elisabeth Hecker, and baritone Andrè Schuen. ASPEN MUSIC FESTIVAL AND SCHOOL 2017 ANNUAL REPORT
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A panel of some of the most important living composers of our time convened to discuss the musical form, the concerto. Moderated by AMFS President and CEO and composer Alan Fletcher, at right, the panel included, left to right, Jonathan Leshnoff, Stephen Hartke, Christopher Theofanidis, and Andrew Norman.
FINAL SUNDAY The season concluded with Maestro Spano conducting Berlioz’s dramatic megawork, The Damnation of Faust. Joining the orchestra were mezzo-soprano Sasha Cooke as Marguerite, tenor Bryan Hymel as Faust, both AMFS alumni, and bassbaritone John Relyea as Méphistophélès, bass Federico De Michelis as Brander, and the Colorado Symphony Orchestra Chorus. Because of the enormous forces required, complete performances are a rarity. Each and every participant delivered a performance of nuance and intensity; Aspen audiences were spellbound.
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STUDENT EXPERIENCE
Left, Piano Competition winner Avery Gagliano. Top right, Winds Competition winner Doron Laznow. Bottom right, Aspen Conducting Academy fellow Jane Kim.
3
TOP REASONS STUDENTS CHOOSE TO ATTEND THE AMFS
1
he opportunity to study with and/or perform T alongside our world class artist-faculty
2
The amount of financial aid offered
3
he opportunity to participate in an intensive, T high-level program of study
638
TALENTED STUDENTS
36 COUNTRIES 37 STATES
FROM AND
Average age
22
TOTAL AMOUNT OF FINANCIAL AID PROVIDED
2.7 million
$
42 %
are returning students
73 %
received financial aid, in the form of either a scholarship or a fellowship
73 92%%
rated their AMFS summer as “excellent” or “good”
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MILESTONES AND MOMENTS • It was the inaugural year of the Center for Advanced Quartet Studies under the leadership of the Pacifica Quartet and joined by the Jupiter String Quartet, the American String Quartet, James Dunham, Sylvia Rosenberg, and Donald Weilerstein. As part of the Long-Range Plan goal to bolster chamber music offerings at Aspen, these illustrious musicians also coached chamber groups assembled from orchestra students. • For the first time, the Susan and Ford Schumann Center for Composition Studies had a class that was a full fifty percent female. • The AMFS received a record-breaking 2,489 applications for the 2017 season. The 638 students enrolled played in every orchestra and opera and gave dozens of free concerts and program recitals throughout the summer, including Chopin nocturnes at the Friday evening Overtures and a full marathon of works by the great piano virtuoso Franz Liszt. • Artist-faculty member Earl Carlyss retired after thirtytwo years as director of the Center for Advanced Quartet Studies in Aspen, a milestone commemorated at a celebratory gathering on July 28.
The AMFS celebrated 25 years with artist-faculty members Victoria Chiang and Eric Kim, adding their names to the plaque hanging in the Benedict Music Tent.
CONGRATULATIONS TO THE 2017 COMPETITION WINNERS Krists Auznieks Jacob Druckman Prize, Student of Christopher Theofanidis and Stephen Hartke
Bryce Leafman Percussion, Student of Jonathan Haas, Douglas Howard, Edward Stephan
Zachary Brandon ACA Violin, Student of Robert Lipsett
Benjamin Manis Robert Spano Conductor Prize, given by Mrs. Mercedes T. Bass
Avery Gagliano Piano, Student of Arie Vardi
Addison Maye-Saxon Brass, Student of Per Brevig
Kerem Hasan Aspen Conductor Prize
Fergus McAlpine James Conlon Conductor Prize, given by Mrs. Mercedes T. Bass
Doron Laznow Winds, Student of Nancy Goeres and Per Hannevold
Nicholas Mendez ACA Piano, Student of Virginia Weckstrom
Jin Nakamura Low Strings, Student of Richard Aaron and Desmond Hoebig Aubree Oliverson Dorothy DeLay Fellowship, Student of Robert Lipsett Adam Phan Harp, Student of Nancy Allen and Anneleen Lenaerts Joel Thompson Hermitage Prize Johannes Zahn Robert J. Harth Conductor Prize Katherine Woo Violin, Student of Sylvia Rosenberg and Masao Kawasaki
President and CEO Alan Fletcher congratulates the 2017 competition winners on stage. Aspen Conducting Academy Violin Competition winner Zachary Brandon performs with the Aspen Philharmonic Orchestra.
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EDUCATION AND COMMUNITY
PROGRAMMING IN LOCAL SCHOOLS The AMFS’s rapidly growing outreach program, AfterWorks, provides music education, either in school or after school for elementary, middle, and high school students throughout the Roaring Fork Valley. eginning Strings served 105 students in six Valley B
elementary schools. ead Guitar served 66 students in after-school programs L
in four schools, and 180 students with in-school programs in an additional four schools. • M aroon Bel Canto Children’s Chorus (MBCCC), a classic children’s choir for grades three through eight, served 114 students in six schools. Twice a year, the AMFS hosts Valley-wide honor ensembles at Harris Concert Hall, uniting students from Aspen to Rifle. • A ll-Valley Honor Choir served 130 students in six schools from Aspen to Rifle. • A ll-Valley Middle School Honor Band served 115 students in six schools from Aspen to Rifle and was conducted by former ACA conductor Norman Huynh.
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IN THE SUMMER
Family Concerts and other daytime programming served more than 300 children with pre-concert activities in the Meadows Hospitality Tent. Family Concerts included the U.S. premiere of Roald Dahl’s Dirty Beasts, written by Benjamin Wallfisch, and Bernard Rogers’s Musicians of Bremen. Sing Play Move, a music education program for infants, toddlers, and preschool-age children, was in its second year and delighted eighteen young ones with their guardians. Kate Klotz, one of the directors of the Boulder Children’s Chorale, instructed the participants. Little P.A.L.S. and P.A.L.S. (Passes and Lessons Scholarship) programs provided
music instruction to 201 participants. Of those participants, 66 percent received full or partial scholarships. P.A.L.S. ensembles had a record year with six string, four woodwind, two brass, and two percussion ensembles. An all-girls percussion ensemble, led by AMFS student Percussion Competition winner Bryce Leafman, even performed at Paradise Bakery for a delighted audience. The Maroon Bel Canto Children’s Chorus Camp served up a week of vocal instruction, behind-the-scenes visits to AMFS rehearsals and performances, games, outdoor fun, and a rousing final performance. Above and right, children learn about melody and steady beat at Sing Play Move.
THANKS TO THE DONORS WHO SUPPORTED EDUCATION AND COMMUNITY PROGRAMMING Alpine Bank Karyn and Charles Andrade The Aspen Thrift Shop Town of Basalt Stephen Brint and Mark Brown Golub Family Foundation Les Dames d’Aspen Nina McLemore National Endowment for the Arts Janet and Tom O’Connor
Beverle and Marc Ostrofsky Hensley and James Peterson Craig Platt Tyler Reece Anne and Chris Reyes Bonnie and David Rosner Caryn and Rudi Scheidt, Jr. Jeannie and John Seybold Gordon H. Silver Jill Gruenberg and Eric Vozick
The 2017 P.A.L.S. students.
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WHERE DREAMS BEGIN CAMPAIGN
Walter and Elizabeth Paepcke dreamed that a deserted, ex-mining town could change the world as an international crossroads for ideas, art, and the expansion of the human spirit. Aspen as we know it was born with the 1949 Goethe Bicentennial and Convocation and today—through the efforts of the Aspen Music Festival and School and other vital institutions—it remains a place where dreams begin. To ensure life-changing experiences for new generations of aspiring musicians, and Aspen audiences, the AMFS is nearing the completion of its Where Dreams Begin campaign, a historic $75 million fundraising initiative that has transformed our teaching Campus and is strengthening endowment funding for students, artist-faculty, and programs. In 2016–17, we received $5.5 million in campaign gifts from friends and supporters across the country.
Board Chair Bob Hurst speaks before the unveiling of the Donor Recognition Wall. Kids sit by the Great Pond on the Bucksbaum Campus.
Many of these generous gifts were designated to create The Robert J. Hurst Endowed Scholarship Fund, in honor of the AMFS’s current Board Chair. We would like to express our gratitude to these contributors: Lisa and George Baker Amy Margerum-Berg and Gilchrist Berg Deborah and Gabriel Brener Karen Brooks Marion and Charles Burson Terri and Tony Caine Nancy and Steve Crown Bonnie and Ken Davis Eleanore and Domenico De Sole Antonia Paepcke DuBrul Tracy and Bubba Eggleston Jessica and John Fullerton Arjun Gupta Carolyn Hamlet Jamie and Bush Helzberg Soledad and Robert Hurst Debbie and Richard Jelinek Allison and Warren Kanders Barbara Bluhm-Kaul and
Donald Kaul Jessica Rothstein and Kurt Lageschulte Aimee and Robert Lehrman Mona Look-Mazza and Tony Mazza Ryan McDonough Camille and Robert McDuffie Lisa and Will Mesdag Denise Monteleone Becky and Mike Murray Sarah Broughton and John Rowland Laura Blocker and Mark Seal Donna and Elliott Slade Caroline Fitzgibbons and Tad Smith Dana and Andrew Stone Katherine and Mark van Alstine Christopher E. Walling Lorraine and Adam Weinberg Corrine and Paul Wood
UNVEILING OF THE BUCKSBAUM CAMPUS DONOR WALL Board Chair Bob Hurst, President and CEO Alan Fletcher, lead donor Kay Bucksbaum, and AMFS Music Committee Chair Jonathan Haas in front of the Donor Recognition Wall
On July 3, the AMFS unveiled the Bucksbaum Campus Donor Recognition Wall, designed by Harry Teague, to celebrate and thank donors who have given $25,000 and more in capital and endowed gifts to the AMFS. This event also served to celebrate the completion of the capital portion of the Where Dreams Begin Campaign. Upon completion of the ongoing endowment campaign, the names of all new contributors will be added to the wall.
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MEDIA AND BROADCASTS
In April, BBC Music Magazine published a full spread detailing editorin-chief Oliver Condy’s three-day visit to Aspen the summer before, entitled A Festival at its Peak. Symphony Magazine’s article on summer music festivals featured the AMFS on the first page and included interviews with Music Director Robert Spano and two former students, as well as a prominent photo of the Benedict Music Tent. The Chicago Tribune also included the AMFS in its guide to summer classical music festivals and The New York Times listed the AMFS as one of the top 10 Spring and Summer Classical Festivals.
NEW! The AMFS launched several new media initiatives this year. • T he Festival’s first podcast showcased the weekly High Notes panel discussions, featuring performers, composers, and scholars. Moderated by AMFS President and CEO Alan Fletcher, it was shared weekly through iTunes, Google Play Music, and the AMFS website. • The AMFS also launched a series of Spotify playlists that allowed audiences to enjoy the music and artists of the 2017 season, and compiled a varied selection of works into a weekly “mixtape” playlist for easy access to each week’s highlights. • T he AMFS created a brand new AMFS web radio stream in partnership with broadcasting superpower American Public Media. Listeners could hear exceptional performances from recent AMFS seasons free between June 15 and December 15 at www.yourclassical. org/aspen, introducing the huge APM classical audience to Aspen and some of its performance highlights. The AMFS also gained attention from local and national media outlets, including Aspen Sojourner, The Aspen Times, Modern Luxury’s Aspen Magazine, the Post Independent, Mountain Living magazine, Opera News Online, and Gramophone. The AMFS increased its national broadcast presence with Colorado Public Radio’s classical stream and continued its important partnership with its official voice, Aspen Public Radio.
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BENEFITS
BENEFITS
The annual Season Benefit—An Enchanted Feast of Music, honoring Board Chair Robert J. Hurst—was held on August 7 in Hurst Hall on the Matthew and Carolyn Bucksbaum Campus. The evening was chaired by Mike Klein and Joan Fabry and included six gourmet courses with wine pairings, presented by Hotel Jerome Catering. The event resulted in over $1.5 million in donations—the most ever raised at an AMFS benefit— including a fully endowed scholarship honoring Mr. Hurst. Performers included artist-faculty members harpist Nancy Allen, flutist Nadine Asin, and classical guitarist Sharon Isbin; violinist Augustin Hadelich; pianist Dongxu Jin; cellist Alisa Weilerstein; pianist Joyce Yang; and Aspen Opera Center student soprano Mané Galoyan with artist-faculty member Kenneth Merrill on piano. On July 17, the AMFS held its 14th annual Opera Benefit. The blacktie evening was chaired by Richard Edwards, Denise Monteleone, and Jim Martin and included a New Orleans-themed dinner at the exclusive Caribou Club. The evening concluded with a full performance of Verdi’s La traviata by talented Aspen Opera Center students at the Wheeler Opera House. Other benefit events in 2017 included intimate Artist Dinners in private homes with Alisa Weilerstein, Nikolai Lugansky, and Renée Fleming. Guests enjoyed an evening of cocktails, music, and great food, all while getting to know these extraordinary musicians. Seven House Music concerts rounded out the summer offerings with a special blend of opera and chamber music.
Jim Martin and Denise Monteleone, Opera Benefit co-chairs, at the 2017 event.
Center: Soledad and Robert Hurst with Robert McDuffie, right, and guests.
Shari Applebaum, Alan Fletcher, Carrie Wells, Rufus Wainwright, and Donna Slade.
Feast of Music chairs Joan Fabry and Michael Klein.
Trustees Mike Murray and John Fullerton, at the 2017 Feast of Music.
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THE SALON The Salon, an initiative cultivating a new generation of classical music enthusiasts, more than doubled its membership and hosted many successful events.
MUSIC, FOOD, AND FRIENDS In February, pianist/composer and Aspen alumnus Conrad Tao and food blogger and percussionist Molly Yeh joined Salon members at the Cooking School of Aspen for a gourmet evening and a lively conversation on virtuosity in both food and music.
MUSIC AND THE BRAIN In May, the AMFS collaborated with Aspen Country Day School on a talk about the ways playing music can change your brain and its significance to children. Speakers were AMFS President and CEO Alan Fletcher and AMFS Director of Education and Community Programming Katie Hone Wiltgen. Journalist and ACDS parent Daniel Shaw moderated.
SING FOR YOUR LIFE In July, Salon members enjoyed a moving conversation with rising opera star Ryan Speedo Green and ArtistYear co-founder Margo Drakos about how music can transform lives. Both Green and Drakos found music an inspiring path toward lives of joy, success, and service. The Aspen Institute’s Eric Motley moderated.
RUFUS WAINWRIGHT AND JIM HODGES Also in July, singer-songwriter and composer Rufus Wainwright sat down with painter Jim Hodges for “In Process,” a discussion on creativity, music, art, and life. Richard Edwards moderated and Jimmy’s, An American Restaurant and Bar, hosted. Salon members discuss art and music during a Salon Signature Event at Jimmy’s, An American Restaurant and Bar.
SALON STEERING COMMITTEE MEMBERS Jamie Helzberg Cathy Koplovitz Erika Aronson Stern Alia Tutor Carrie Wells Rachel Zimmerman TOP AMFS Trustee Cathy Koplovitz, the Aspen Institute’s Eric Motley, Ryan Speedo Green, Rachel Zimmerman, AMFS National Council President Carrie Wells, Margo Drakos, and the Aspen Institute’s Peter Waanders at the Sing for your Life Salon event. BOTTOM Singer-songwriter and composer Rufus Wainwright and artist Jim Hodges speak to Salon members at a Salon Signature Event.
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BOARD OF TRUSTEES October 1, 2016 to September 30, 2017
BOARD OF TRUSTEES
Warren Deck
Barbara Koval
Victoria L. Smith
LIFE TRUSTEES
Robert J. Hurst, Chair
Stephen Drimmer
Jonathan Lee
Gillian Steel
Paula Bernstein
Michael Klein, Vice Chair
James Dunham
Anthony Mazza
Judith Z. Steinberg
William Bernstein
Alan Englander
Alexandra Munroe
Erika Aronson Stern
Carolyn Bucksbaum
Willem Mesdag, Vice Chair
Ann Friedman
Michael Murray
Alia Tutor
Noël Congdon
John Fullerton
Anton Nel
JoaquÍn Valdepeñas
Sam Brown, Treasurer
Marian Lyeth Davis
Mary Giese
Janet O’Connor
Nancy Wall
Gail Engelberg, Secretary
Alfred J. Dietsch
Arjun Gupta
Patricia Papper
Charles Wall
John Doremus
Alan Fletcher, President and CEO
Jonathan Haas
Fonda Paterson
Stefan Edlis
Per Hannevold
Aaron Podhurst
Carrie Wells, President of National Council
Cornelia Heard
Dana Powell
Linda Vitti Herbst
Anne Reyes
Walter Isaacson, ex-officio
John Rojak
Allison Kanders
Danner Schefler
Gerald Katcher
Caryn Scheidt
Cathy L. Koplovitz
Jane Sherman
Richard Aaron Nadine Asin Amy Margerum Berg Edward C. Berkeley Sandra K. Bishop Stephen Brint Martin Carver
Arlene Lidsky Salomon
HONORARY TRUSTEES Joan W. Harris Itzhak Perlman Robert Spano
Gerri Karetsky Nancy Odén Charles Paterson Betty Schermer W. Ford Schumann Dennis Vaughn
Pinchas Zukerman
Music Director Robert Spano, Vice Chair Michael Klein, President and CEO Alan Fletcher, and Board Chair Bob Hurst at a summer board meeting.
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VOICE
ARTISTFACULTY During the 2017 season
Vinson Cole Renée Fleming, artist-in-residence Elizabeth Hynes Stephen King W. Stephen Smith ASPEN OPERA CENTER Edward Berkeley, director Elizabeth Buccheri, head of music William Billingham Garnett Bruce Mary Duncan Steidl Timothy Long ◊ Kenneth Merrill Gayletha Nichols Charles Prestinari Jeanne Slater Diane Zola PIANO Hung-Kuan Chen Andrew Harley Yoheved Kaplinsky Julian Martin Kevin Murphy Anton Nel Ann Schein Rita Sloan ◊ Arie Vardi Virginia Weckstrom Vivian Hornik Weilerstein Wu Han
Artist-faculty member Thomas Hooten sits side-by-side with trumpet students for an Aspen Festival Orchestra performance in the Benedict Music Tent.
VIOLIN
Jonathan Vinocour
Eric Reed
HARP
Hannah Lash
Irene Gubrud, voice
Renata Arado
Stephen Wyrczynski
Kevin Rivard
Nancy Allen
Jonathan Leshnoff
David Wakefield
Anneleen Lenaerts
Robert Levin
Thomas Haines, film scoring and audio recording
Steven Mackey
Alan Harris, cello
Andrew Norman
Sydney Hodkinson, composition
Laurie Carney David Chan Laura Park Chen Robert Chen David Coucheron Ellen de Pasquale Simin Ganatra David Halen Robert Hanford Austin Hartman Cornelia Heard Paul Kantor Masao Kawasaki Alexander Kerr David Kim Espen Lilleslåtten Robert Lipsett
CELLO Richard Aaron
John Zirbel
Darrett Adkins
TRUMPET
David Finckel
Karin Bliznik
Desmond Hoebig
Kevin Cobb
Eric Kim
William Gerlach
Wolfram Koessel
Louis Hanzlik
Michael Mermagen
Tom Hooten
Brinton Averil Smith
Billy Hunter Jr.
Brandon Vamos
David Krauss
DOUBLE BASS Bruce Bransby
Raymond Mase Stuart Stephenson
Christopher Hanulik
TROMBONE
Albert Laszlo
Per Brevig
Edgar Meyer
James Miller Michael Powell
LUTHIER Joan Balter
Augusta Read Thomas
ASPEN CONDUCTING ACADEMY Robert Spano, director Ingmar Beck Federico Cortese Larry Rachleff Markus Stenz Michael Stern
Naoko Tanaka
Aralee Dorough
TUBA
Timothy Weiss
Bing Wang
Erik Gratton
Warren Deck
Donald Weilerstein
Jeffrey Khaner
ENSEMBLES IN RESIDENCE
Peter Winograd
Demarre McGill
PERCUSSION
American Brass Quintet
VIOLA Daniel Avshalomov
Mark Sparks
◊
Jauvon Gilliam Jonathan Haas
Guy Ben-Ziony
CLARINET
David Herbert ◊
Heidi Castleman ◊
Mark Nuccio
Douglas Howard
Choong-Jin Chang
Michael Rusinek
Joseph Pereira
Victoria Chiang
Joaquin Valdepeñas
Edward Stephan
Wesley Collins James Dunham Beth Guterman Chu Masao Kawasaki Maiya Papach Masumi Per Rostad Sabina Thatcher Thomas Turner
BASSOON Nancy Goeres Per Hannevold Michael Sweeney HORN
Thomas Stubbs Mark Yancich Cynthia Yeh GUITAR Sharon Isbin
Jorge Mester, music director
Adele Addison, voice
Antoinette Perry, piano
ASPEN CONTEMPORARY ENSEMBLE
Nadine Asin
American String Quartet Pacifica Quartet
Joseph Kalichstein, piano
ARTIST-FACULTY EMERITUS
Earl Carlyss, Center for Advanced Quartet Studies, violin
Donald Crockett
Jennifer John, violin Catharine Carroll Lees, viola
Bonita Boyd, flute
Stephen Burns
Bil Jackson, clarinet
Yuko Uebayashi
Patrick Summers
Sylvia Rosenberg
Frank Epstein
Robert Sirota
Mark Stringer
FLUTE
Christina Smith
Judith Shatin
Robert Biddlecome, trombone
Robert McDuffie
John Rojak
Christopher Rouse
Gabriel Chodos, piano Carole Cowan, violin Michael Czaijkowski, composition John Graham, viola William Grubb, cello
Eugene Levinson, bass Theodore Oien, clarinet Sylvia Plyler, Aspen Opera Center Louis Ranger, trumpet Dennis Smylie, bass clarinet Paul Sperry, voice Viviane Thomas, voice George Tsontakis, composition Martin Verdrager, theory Dick Waller, clarinet Won Bin Yim, violin ◊
leave of absence
Takács Quartet SUSAN AND FORD SCHUMANN CENTER FOR COMPOSITION STUDIES Stephen Hartke, composer-in-residence Christopher Theofanidis, composer-in-residence VISITING COMPOSERS Christopher Cerrone
Andrew Bain
Timothy Collins
Erik Ralske
Daniel Kellogg
Student JJ Koh with artist-faculty member Joaquin Valdepeñas.
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FAMILY OF SUPPORTERS
The Aspen Music Festival and School gratefully acknowledges those who have made contributions to the organization between October 1, 2016, and September 30, 2017. This includes support of the Annual Fund, memorial and honorary gifts, Winter Music sponsorships, Benefit and Artist Dinner support, special projects, and the AMFS Salon. Annual contributions are the backbone of support for the realization of the Festival and School’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.
$150,000 AND ABOVE INDIVIDUALS
Anne and Chris Reyes
Joan Fabry and Michael Klein
Alia and Ron Tutor Beatrice and Anthony Welters
$100,000 AND ABOVE INDIVIDUALS Mrs. Mercedes T. Bass Kay Bucksbaum Stefan Edlis and Gael Neeson Soledad and Robert Hurst Nancy and Charles Wall
BUSINESSES/FOUNDATIONS/ GOVERNMENT The Polonsky Foundation $35,000.00 AND ABOVE INDIVIDUALS Edward P. Bass
BUSINESSES/FOUNDATIONS/ GOVERNMENT
Neil G. Bluhm
Dorothy Richard Starling Foundation
Zoë and William D. Budinger
$80,000 AND ABOVE INDIVIDUALS
Stephen Brint and Mark Brown Richard Edwards Jane and Michael Eisner, The Eisner Foundation Linda and Alan Englander
Anonymous
Ann and Tom Friedman
Kelli and Allen Questrom
Mary E. Giese
Mary and Patrick Scanlan
Irving Harris Foundation, Joan W. Harris
The Marc and Eva Stern Foundation Eva and Marc Stern Erika Aronson Stern and Adam Stern BUSINESSES/FOUNDATIONS/ GOVERNMENT City of Aspen $55,000 AND ABOVE INDIVIDUALS Martin Carver Jessica and John Fullerton
Clarinet student Juan Olivares practices outside on the Bucksbaum Campus.
Gillian and Robert Steel
Jane and Gerald Katcher Barbara Koval Toby D. Lewis Philanthropic Fund Mona Look-Mazza and Tony Mazza John P. and Anne Welsh McNulty Foundation Leslie and Mac McQuown Alexandra Munroe and Robert Rosenkranz David Newberger Janet and Tom O’Connor
Shirley and Barnett C. Helzberg, Jr.
Patricia M. and Emanuel M. Papper Foundation
Allison and Warren Kanders
Dana and Gene Powell
Leonard and Judy Lauder
Ali and Lew Sanders
Lisa and Will Mesdag
Betty and Lloyd Schermer
Becky and Mike Murray
June and Paul Schorr lll
Lynda and Stewart Resnick
Jane and Larry Sherman
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BACK! FRIDAY WEEKLY WINE TASTINGS In 2017, Friday Weekly Wine Tastings returned, and the AMFS welcomed Clarence Dillon Wines as the new official wine purveyor of the Aspen Music Festival and School. The company featured its Clarendelle line (red, white, or rosé), which is inspired by Haut-Brion, at the wine booth in front of the Benedict Music Tent each Friday for ticket holders.
The Simms/Mann Family Foundation, Victoria and Ronald Simms Judith Z. Steinberg and Paul J. Hoenmans BUSINESSES/FOUNDATIONS/ GOVERNMENT The Aspen Times Thomas S. Kenan Institute for the Arts Louis & Harold Price Foundation, Inc. Tippet Rise Fund of the Sidney E. Frank Foundation $20,000 AND ABOVE INDIVIDUALS Anonymous Giancarla and Luciano Berti Bishop Family Foundation Ruth Carver Nancy and Steve Crown Antonia Paepcke DuBrul and the DuBrul Family Marcy and Leo Edelstein Deborah and Richard Felder Andi and Jim Gordon, The Edgewater Funds Arjun Gupta Gerri Karetsky and Larry Naughton Barbara and Jonathan Lee Aimee and Robert Lehrman Melony and Adam Lewis Steve Marcus Nancy Meinig - Meinig Family Foundation Denise Monteleone and Jim Martin Jenny and John Paulson Thaddaeus Ropac Jeannie and Tom Rutherfoord Caryn and Rudi Scheidt, Jr.
Laurie Tisch Carrie and Joe Wells Ann Ziff BUSINESSES/FOUNDATIONS/ GOVERNMENT Clarence Dillon Wines LLWW Foundation Steinway & Sons, Inc. The Rob and Melani Walton Foundation $13,000 AND ABOVE INDIVIDUALS Susan Beckerman Sam Brown and Alison Teal - Centennial Partners Noël and Tom Congdon Shannon Fairbanks Nanette Finger Karen and Jim Frank/J.S. Frank Foundation Jane and Bill Frazer Ann and Gordon Getty Foundation Harriett and Richard E. Gold Meg and Bennett Goodman Sharon and Lawrence Hite Ellen and Irv Hockaday Cathy and Jonathan Koplovitz Marianne and Sheldon Lubar Charitable Fund Holly and John Madigan Bettie McGowin Miller Nedra and Mark Oren Jean and Allen Parelman Pat and Ed Peterson Dorothy and Aaron Podhurst Carolyne Roehm and Simon Pinniger Nicholas and Jeanne Rohatyn Nancy and Miles Rubin Arlene and Chester Salomon
IN MEMORIAM It is with sadness we note the passing of members of the AMFS community, including longtime donor and Chairman’s Circle member Erik O. Giese; longtime donor Susan Miller; longtime donor Peter Meinig; longtime donor Margy Eberhardt; longtime donor Dr. John E. Amos; longtime donor and volunteer Freda Gail Stern; head concert piano technician at the AMFS for thirty-eight years, Robert Lee Schoppert; and former student and Director of the Aspen Choral Institute, Dr. Fiora Corradetti Contino.
Violinist and alumna Simone Porter backstage after her Aspen Chamber Symphony performance of Mozart’s Third Violin Concerto. Lisa and David T. Schiff, The Schiff Foundation
Hotel Jerome
Barbara and Bruce Berger
Alex Dell
Sandy and Lee Godfrey
Mountain Living Magazine
Katie and Carl* Bergman
Laura Donnelley
Barbara Gold
Deborah and Gabriel Brener
Nadia and Stephen Drimmer
$8,500 AND ABOVE INDIVIDUALS
Melva Bucksbaum Family Foundation
Pam and Ken Dunn
Ramona Bruland and Michael Goldberg
Leatrice and Melvin Eagle
Thorey and Barry Goldstein
Anonymous (2)
Suzanne D. and M. Peyton Bucy
Sandy and Paul Edgerley
Jan and Ronald Greenberg
Pamela Gross and Charles Anderson
Terri and Tony Caine
Gail and Richard Elden
Arthur Greenberg
Pamela and Richard Cantor
Gail and Alfred Engelberg
Celeste C. and Jack J. Grynberg
Thomas H. Baer
William E. Connor Foundation
Judith Barnard and Michael Fain
Vinod and Laurel Gupta
Marilyn and George Baker
Bunni and Paul Copaken
Alan Fletcher and Ron Schiller
Julia Hansen
Charles Balbach and Maggie Hayes
Sylvie and Gary Crum
Mr. and Mrs. Owen* O. Freeman, Jr.
Patricia and Rodes Hart
Vivian and Norman Belmonte
Ginny Dabney
Barbara and Richard I. Furman
Ann F. and Edward R. Hudson, Jr.
Jeannie and John Seybold Beth and Ben Wegbreit BUSINESSES/FOUNDATIONS/ GOVERNMENT America-Israel Cultural Foundation Aspen Public Radio Maja DuBrul First Republic Bank The Gant Condominium Association
Elissa Davis
Mary Ann Hyde
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BUSINESSES/FOUNDATIONS/ GOVERNMENT Alpine Bank of Aspen Aspen Sojourner Aspen Square Condominium Hotel Marianne Boesky Gallery Caribou Club, Ltd. Carl’s Pharmacy First Western Trust, Aspen Focusrite RedNet Fusion Design and Catering Jimmy’s, An American Restaurant and Bar The Little Nell Miners’ Building Hardware Mountain Chalet-Aspen U.S. Bank Woody Creek Distillers $4,000 AND ABOVE INDIVIDUALS Ronald Ager, in memory of Ellie Ager Lisa and George Baker Amy Margerum Berg and Gilchrist Berg Nancy Blank Susan and Richard Braddock Mark A. Bradley
Harp student Madeline Olson performs in the Tent.
Jackie and John Bucksbaum Catherine and Bill Cabaniss
Sylvia and Dick Kaufman
Marlene and Fred Malek
Fonda and Charles Paterson
Marianne and Dick Kipper
Gail and Alec Merriam
Merbie and Tom Payne
Anna-Lisa Klettenberg
Renee and Bruce Michelson
Catherine and Thomas Reagan
Isa Catto Shaw and Daniel Shaw, in memory of Heather Catto Kohout
Cynthia Knight
Lecie and Jack Resneck
Lois Siegel
Ann and Tom Korologos
Diane and Ronald Miller Charitable Trust
Myra and Robert Rich
Caroline Fitzgibbons and Tad Smith
Ellen and Fred Kucker
Stephanie and Michael Naidoff
Judy and Gary Rubin
Nancy and Bruce Stevens
Katharine C. Kurtz, in memory of James B. Kurtz
Ilene and Jeff Nathan
Lois and Tom Sando
Helen E. Stone
Sara and Don Nelson
Gloria Scharlin
Marcia Strickland
Joe LaDou
Ann and Bill Nitze
Phyllis and David Scruggs
Leslie and Joe Waters
Bette MacDonald
Cathryn and Victor Palmieri
Rachel and Paul Zimmerman
Newton Bartley and Eric Calderon Merle Chambers Tina Chen and Marvin Josephson Janet F. Clark Martha and Bruce Clinton Margit and Lloyd Cotsen Eleanore and Domenico De Sole Brian and Susan Dickie Muffy and Andy DiSabatino
Ann and John Doerr
Phyllis and Saul Lowitt
Marion W. Weiss
Jerry Eberhardt
Betty and Jim* McManus
Tamara and Frank Woods
Tracy and Bubba Eggleston
Diane and Mead Metcalf
Andrea Yablon
Debbie and Jerry Epstein
Ellie and Bob Meyers
Theba and Buster Feldman
Susan Miller*
Fisher Family Fund at the Community Foundation for Greater Buffalo
Robert Prentis Morris and JoAnn Ross
Rich Garvin Julie Gerson, in memory of Peter Gerson
Laura Taylor and David A. Mulkey, M.D.
BUSINESSES/FOUNDATIONS/ GOVERNMENT Abbot Downing AM Gas The ASCAP Foundation Raymond Hubbell Musical Scholarship Fund
Barbara and Gary Goldstein
Marcie and Robert Musser Advised Fund at Aspen Community Foundation
Susanne H. Goldstein, in memory of Edward A. Goldstein
Drs. Amy D. Ronner and Michael P. Pacin
Aspen Valley Hospital
Christine Grad, M.D.
Virginia Pearce
bb’s kitchen
Maryann and Adrian Gruia
Mr. and Mrs. Robert D. Pugh
Brenda and James Grusecki
Kathryn and Richard Rabinow
Chateau Roaring Fork Condominium Association
Marianne and John Gunzler
Pixie and Jimmy Reiss
Clark’s Market
Sarah R. Wolff and Joel L. Handelman
Marilynn and Charles Rivkin
The Aaron Copland Fund for Music, Inc.
Sue and Bob Helm
Gary Rosenau
Deborah and Larry Hoffman
Sarah Broughton and John Rowland
Hojel-Schumacher Foundation
Dr. Cyrena Torrey Simons and Mr. Marcus Ryu
Erica Hartman-Horvitz and Richard Horvitz
Phyllis and Sidney Rodbell
Clare and Marius Sanger
Liba Icahn
Barbara and Gene Schmitt
Debbie and Richard Jelinek
Alece and David Schreiber
Dr. Jane Jenkins
Susie and Barry Schub
Shana Johnstone/Shenandoah Foundation
Karen Setterfield and David Muckenhirn
Ellen A. Efros and Fritz R. Kahn
Patsy and John Shields
Andrew Karetsky, in honor of Gerri Karetsky
Gordon H. Silver
Hyunja and Jeff Kenner
Billy Stolz
Sally and Jim Klingbeil
Curt Strand
Mary Jo and Dick Kovacevich
Andrea and Lubert Stryer
Katie Kitchen and Paul Kovach
Carol and Mack Trapp
Nancy and Bart Levin Bertel M. Lewis
Mish Tworkowski and Joseph Singer
Judy and Sam Linhart
Linda and Dennis Vaughn
Mary Ralph Lowe
Rivka and Seth Weisberg
Gayle and Paul Stoffel
Asian Cultural Council Aspen Skiing Company
Les Dames d’Aspen European Caterers, Ltd. Frias Properties of Aspen, Chuck Frias & Tim Clark Friends of the Minnesota Orchestra Golub Family Foundation Harriman Construction, Inc. Fred and Elli Iselin Foundation Ernst and Wilma Martens Foundation John P. McBride Family and the ABC Foundation New World Scholarship for Summer Studies in Music of the Lin Yao Ji Scholarship Program New World Symphony Pitkin County Dry Goods Thrift Shop of Aspen United Jewish Appeal Aspen Valley powered by JEWISHcolorado Conducting student Thibault Back De Surany looks over a score before an Aspen Conducting Academy performance.
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Charles B. Edison Memorial, Mrs. Charles B. Edison
Linda Dresner and Ed Levy, Jr.
Marja Engler
Kristin and Chuck Lohmiller
Anne and Alan Feld, Communities Foundation of Texas
Mr. and Mrs. H. Montgomery Loud
Susan and George Fesus
Joyce McGilvray
Barbara Fosco and David Missner Mary Ann Frenzel Nancy Swift Furlotti Virginia and Gary Gerst Joseph and Alma Gildenhorn Jean Golden Lynda M. Goldstein Marilyn and Dean Greenberg
Chuck Bellock $2,000 AND ABOVE INDIVIDUALS
Wilma and Stuart Bernstein
Anonymous
Shelley Senterfitt and Ken Canfield
The Rona and Jeffrey Abramson Foundation
Judy and Archibald Cox, Jr.
Ruth C. Abramson - Stephen Abramson Scholarship
Mary and John Cronin
Henry Lambert - Carey Bond
Barbara and Herschel Cravitz
Mr. and Mrs. David Dreman/The Dreman Foundation Merle Dulien Eliza and Johnny Duncan Bernice and Loyal Durand
Cyrena and Lee Pondrom
Ellen Roeser
Dorene and Frank Herzog
Noyes W. Rogers
Juliane Heyman
Michael and Debbi Fields Rose Advised Fund at Aspen Community Foundation
Linda and Eugene Kalnitsky Sally B. Kaplan Laura and Michael Kaplan
Inanna Donnelley and Jeffrey Taback and the Gaylord Donnelley Charitable Trust
Erin Leider-Pariser and Paul Pariser
Lindsay and Arthur Remiers
Dorothy S. Jacobs
Connie and Buddy Bates
Nancy OdĂŠn
Alexander Henkin
Cathy and Walter Isaacson
Marilyn Hayes and John Balson
Donald and Judith Norris
Lexie and Robert Potamkin
Thomas Isaac
Wells Fargo Private Bank
Diane Morris
Jamie and Bush Helzberg
Elizabeth Katz and Reed Hundt
The Patricia Dedman Family Foundation
Betty Kelly Moore
Sally and Steve Hansen
Sue Hostetler
Tracy and Dennis Albers
Bette and Donne Moen
The Pope Foundation, Inc. in honor of William H. Pope
Ruth and George Hopfenbeck
Vulcan Materials Company Matching Gifts
Tita and Dan McCarty
Carolyn Hamlet
Linda and Steven Hill
Artist-faculty member Darrett Adkins and composer Augusta Read Thomas, both alumni, backstage at the Benedict Music Tent.
Perry J. Lewis
Harriet Washton and George Kaye Bonnie Levinson and Dr. Donald Kay Thomas S. Kenan, III Judah Klausner Elizabeth and Michael Klump Mollie L. and Garland M. Lasater, Jr. Charitable Fund
Hae-Soon Hahn and Steven Rosenbaum Phil Rothblum Helen and Marc Rubenstein Linda J. Sandell Lorraine and Mark Schapiro Enika and Richard Schulze Harriet Silverman Madeline and Michael Silverman Shannon, Laura, Kimball, Donna and Elliott Slade Alana Spiwak and Sam Stolbun Sandy and Stephen Stay Bill Stirling Ellen and Steve Susman
Rosemarie Lavender
Cathy Mitchell Toren and Peter Toren
Bruce Lee, The Rockwood Charitable Trust
Edith Kallas and Joe Whatley
Mindy Wexler and Ken Small
Mary and Hugh Wise
Neil-Garing Insurance
Claudia and Richard Balderston
Lucia and Louis Brandt
Sandy and Charles Israel
Judith Wyman
Nina McLemore
Michael Behrendt and Ivan Cassar
Kathy and Richard Broussard
Mary Kay and Ed Joyce
Zanin Family Foundation
Sashae Floral Arts & Gifts
Tina and Simon Beriro
Susan L. Brown
Veda Kaplinsky
The Solid Rock Foundation
Edward C. Berkeley
Jon Busch
Christine Bernick
Ellie Caulkins
Ann and Stephen Kaufman, in honor of Ed Berkeley
The Community FoundationMortimer and Josephine Cohen Fund
Shirley Chann, in memory of Earl Kai Chann Katherine and Dane Chapin
Jessica Rothstein and Kurt Lageschulte
Sue and Jock Bickert
Dr. Janet Claman
Bill Lambert
Melissa Eisenstat and Jonathan Blau
Phyllis M. Coors
Joan Lebach Nancy R. Levi
Dr. Eugene L. Brand
Dave Danforth Sandra and Lynn Davis
Drs. John and Mary Sanfelippo Lilley
BUSINESSES/FOUNDATIONS/ GOVERNMENT Anonymous Aspen Daily News Aspen Self Storage Warehouses Burberry Loews Foundation Maison Ullens
$800 AND ABOVE INDIVIDUALS Anonymous June and Hovik Abramian Todd Arcomano Becky Ayres
Sheryl and Michael DeGenring Mary Dominick-Coomer and Sven Coomer Marsha and David Dowler Maja and Nicholas DuBrul Caroline W. Duell Lyn L. Evans Mr. and Mrs. A. Huda Farouki Julia and Michael Fink Pam Finkelman Marcia and Don Flaks Edmund Frank and Eustacia Su Ricki and Peter Fuchs Donna Genet Darby Glenn and Patsy Malone Karen Goldman, in memory of Jerry Goldman
Brass students warm up before an Aspen Festival Orchestra performance.
Martha and Garnett Keith
Margaret and Daniel Loeb, Third Point Foundation Patty and Robert Mack Nancy and Robert Magoon Syndii and Jeff McCreary Joelle McDonough - Henry Claessens Caroline Y. and John Moore Betty Naster Navias Family Foundation John J. Nicholson Glenda and Doug Otten Ruth Owens Essie Perlmutter Hensley and James Peterson Craig Platt
Hearthstone House
Irma Prodinger
Joan and Rodger Gurrentz, in memory of Susan and Morton Gurrentz
Dr. Harold Quinn Clare and Charles Reel
Margot and Dick Hampleman Paula and David Harris
Cecily and Richard Rubinson, in honor of Nadine Asin
Nicholas Heckett
Loie and Howard Rudge
Barbara and Gerald D. Hines
Sally Saunders
Dale and Stephen Hoffman
Kitty P. Sherwin
Barbara Reid and David Hyman
Ellen and Mort Silver
Sandra and Bob Ireland
Mr. and Mrs. Heinz K. Simon
Elaine and Marvin Rosenberg
Volha and Nicholas Singer
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Two Leaves and a Bud Tea Company
Lee W. Dorsey Nancy and Mike Estrada Adrienne Ewing-Meyer
$400 AND ABOVE INDIVIDUALS
Mynan and Sam Feldman
Anonymous (2)
Jeffrey Friedland
Yuni and Richard Aaron
The Jack, Karen, Hillary, and Max Friedman Philanthropic Fund of the Jewish Federation of Greater Pittsburgh
BJ and Michael Adams Carol and Ken Adelman John E. Amos* Carole and Arnold Bailis Janice Baucum Susan and Steven Beebe
Left to right, Low Strings Competition winner Jin Nakamura with Aspen Conducting Academy fellows Thibault Back De Surany, Oren Gross-Thaler, and Shokhrukh Sadikov.
Marcy and Howard Gross Lulie and Gordon Gund
Carol and Mark Berliant
Anna and Jonathan Haas
Carla and R. Stephen Berry
Mary Ann and James R. Harris
Judy Bridewell Biondini
Connie Heard and Edgar Meyer
Christi Blish and Tom Morrrison
Casady M. Henry
Rita and Herschel Bloom
Kristen Henry
Sandra M. Moses and Harvey S. Bodker
Mr. Patrick Henry, Jr.*
LesLianne and Richard Braunstein
Eveline Hoffman
Dr. and Mrs. Daniel M. Brener
Dr. Leonard Horwitz
Galen Bright and Lucy Tremols Richard Carrigan
Susan A. Ingerman and Arlene Siegelman
Megan and Tom Clark
Virginia and Richard Irwin
Carol and David Clemons
Dr. and Mrs. Joseph and Cathy Jankovic
Sallyann Wekstein
Izotope
Doreen and Matthew Skolnick
Laura Werlin
Mobil Foundation, Inc.
Lawrence Skolnick
Joan O. Wertz
Susanne and Jack Sogard
Robert P. “Chet” Winchester
Music Center of Los Angeles County
Abby and Steve Solomon
Barbara and John Zrno
National Academy of Recording Arts & Sciences, Inc.
BUSINESSES/FOUNDATIONS/ GOVERNMENT
Oates, Knezevich, Gardenswartz, Kelly & Morrow, P.C.
Pat Damoorgian
The Arts Federation
Pfizer Inc.
Adelaide and James Davis
Aspen Skiing Company Family Fund at Aspen Community Foundation
Sigma Alpha Iota
Deb and David Dieter
Texas Instruments Foundation
Germaine and Al Dietsch
Barb and Bob Sypult Michael Teschner Mitzi Webber
Suzanne and Steve Gilison
Peggy Scharlin Ben-Hamoo and Shlomo Ben-Hamoo
The GE Foundation
Lucia Swanson and Ted Levine
Elvie and Yale Gieszl Ethel and Bill Gofen
Patti and Jay Webster
Norma and Don Stone
Lady and Chip Fuller
Phyllis and Sanford Beim
Susan Bromberg Skolnick and Robert Skolnick
Austine Stitt
Carol H. Fishman
Sheila M. Cleworth Peter R. Cohn Bob Connery Dale Coudert John Czuwak Claire and Wayne Dailey Nancy Thomas and Roger Davis
Sharon and John Hoffman
Meg and Ralph Jones Elyse Seidner-Joseph and Kenny Joseph Maury and Gerry Kaplan Kathy and Richard Kaplan Lisa See and Richard Kendall Dr. Edith W. King and Matthew King Lorraine and Bob Kingsbury Carmen and Jeffrey Kobacker Gloria and Robert Koenig Christa Kohler
Valentina Kova
Phyllis and Ron Steinhart Nicole and Lex Tarumianz
BUSINESSES/FOUNDATIONS/ GOVERNMENT
$200 AND ABOVE INDIVIDUALS
Christine S. and Leif C. Beck
Kathy Le Mieux-Rodman The Lutz Family Charitable Fund
MaryAnn Tittle
AMFS Artist-Faculty Fund
Anonymous (2)
Mary Ann and John Beckley
Jeannette and Mervyn* Mandelbaum
Anne and Bill Tobey
Marsha and Bill Adler
Dr. and Mrs. A. David Bernanke
Sue and Dick Volk
Aspen Constructors, Inc.Michael Tanguay
Dr. William J. Bertschy
Nancy Manderson
Charlotte Wandell
Bethel Party Rentals
Joyce Amico and Charles Malkemus
Roberta McCoy
Hanna M. Warren
EverBank
Shari Applebaum
Marcia Bishop
C. Glenn McLoughlin
Sheila and Jack Weinberg
Mu Phi Epsilon Foundation
Fran and Dr. Dan Arnold
Anne and Clarence Blackwell
Robert Woo
National Federation of Music Clubs
Joan Balter
Sandra Blake
Mary Mendenhall
Network for Good
Lisa and Joe Bankoff
Fran and Larry Blum
Nancy and Charles Mitchell
Town of Basalt
Kathy Barger
Carol and Morty Blumberg
Sally and Bruce McMillen
Barbara and Karl Becker
Anita and James Bineau
Shelah and Marc Moller Ellen-Jane and Ben Moss Jane Moy and Paul Ruid Carol and David Neuberger Naughton-Nicholson Foundation/ Will F. Nicholson, Jr. Jane and Carroll Novicki Lynda Palevsky Jan and Jim Patterson Dr. and Mrs. David S. Pearlman Meghan Pearlman and Aaron Pearlman Marjorie Musgrave and Frank S. Peters Joyce and Ken Polse Pam and Jim Porter Alison and Mitchell Robbins Melanie and Myron Roschko Diana Rumsey Ally and Scott Russell Susan and Sheldon Schneider Debra and Dennis Scholl Susan and Ford Schumann Mary Shafey Clare Evert Shane and Steven Shane Phyllis and Nathan Shmalo Alicia and Alan Sirkin JoAnn C. Skillett Rona and Norman Smith
Left to right, artist-faculty members Alexander Kerr, Nancy Goeres, and Michael Rusinek speak with patron Paula Molner outside the Benedict Music Tent. ASPEN MUSIC FESTIVAL AND SCHOOL 2017 ANNUAL REPORT
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GORDON AND LILLIAN HARDY PLANNED GIVING SOCIETY Named for Gordon Hardy’s rich legacy as president of the AMFS for twenty-eight years and his dedication to the music world, the Gordon and Lillian Hardy Planned Giving Society honors those donors who have included our organization in their estate plans. Martha Aarons
Evelyn R. David Sheryl and Michael DeGenring
Shirley and Barnett C. Helzberg, Jr.
Mona Look-Mazza and Tony Mazza
Noyes W. Rogers
Estate of Dr. John E. Amos Pamela Gross and Charles Anderson
Lee W. Dorsey
Casady M. Henry
Estate of Vera Sears
Mrs. Charles B. Edison
Juliane Heyman
Estate of Elaine and James McDade
Thomas H. Baer
Soledad and Robert Hurst
Joyce McGilvray
Montae and Richard Johnson
Lydia Morrongiello
Alicia and Alan Sirkin
Susan Beckerman
Audrey A. Sattler and Donald J. Fleisher
Dr. Eugene L. Brand
Alan Fletcher and Ron Schiller
Linda and Eugene Kalnitsky
Bert Neirick
Stephen Brint and Mark Brown
Jane and Bill Frazer
Estate of Jane Kessler
Estate of Heinz G. Neumann
Kay Bucksbaum
Rich Garvin
Estate of Bob Klineman
Ann and Bill Nitze
Helen and Phil Burnett
Mary E. Giese
Barbara Koval
Jean and Allen Parelman
Jon Busch
Barbara and Gary Goldstein
Estate of Christine H. Leister
Merbie and Tom Payne
Dr. Janet Claman
Estate of Loette Goodell
Dr. and Mrs. Harold Leventhal
Terry Lee and Bill Perich
NancyBell Coe and William Burke
Howard Gottlieb
Estate of Mary Crouch Lilly
Lt. Col. and Mrs. R. L. Pickard
Estate of Cynthia and Gerald Weinbrum
Christine Grad, M.D.
Phyllis and Saul Lowitt
Estate of Jean Pokress
Laura Werlin
NoĂŤl and Tom Congdon
Estate of Lillian and Gordon Hardy
Maryilynn and Charles Rivkin
Kay and Ken* Whiting
Annette and Lacy Boggess
E. Lee DeGolyer, III
DeeDee and Herb Glimcher
Kitty Boone
Kara Horner and Spencer Denison
Sandy and Bill Goodglick
Dorothy Fait and David Borenstein
Ina and Jan Dlouhy
Harriett and Bob Breihan
Betty and Lloyd Schermer Eric Simon Estate of Freda Gail Stern Norma and Don Stone Marcia Strickland Barb and Bob Sypult Michael Teschner Leslie and Joe Waters
Martie A. Moreno and Roger L. Johnson
Marilyn and Earl Latterman
Shael Johnson
Carole and Gary Lazar
Penny and Charles Donelan
Beth Anne Goodman, in honor of Susan Beckerman
Ann and Doug Jones
DeDe and Moses Lebovits
Mary E. Brian
Maria and Paul Dragoumis
Ann and Jim Goodman
Nancy Bryant and Chris Leverich
Linda and Bob Brining
Mrs. and Mr. Wm Drake
Nanette and Irving Greif, Jr.
Barbara Bluhm-Kaul and Donald Kaul
K. Dane and Carter S. Brooksher
Carrie and Ronald Drazin
Lois and Michael Haber
Eva Kaus, in memory of Peter Kaus
Wendy and Dale Brott
Nancy S. Dunlap
Meg and Phil Kendall
Jeri Loser
Roslyn Harkavy
Marian and Buzz Brown
Ellie and Stuart Fine
Brigid and Brian Hazen
Elizabeth Buccheri
Margot Fleck
Sue and Bob Hess
Sylvia Blau and Rabbi Samuel Kenner
Rika and David Charley Jill and Allen Chozen
Audrey A. Sattler and Donald J. Fleisher
Carol Hood Peterson and Brooke Peterson
Prof. Carolyn Fairbanks and Nick Kereakos
Sydney and Steven Cohen
David Frantz
Carol Ann Jacobson Kopf
Wini and Jack Colleran
Sally and Alan Gass
Trine Sorensen and Michael Jacobson
Jessica Krane
Anna Beth Culver
Alexandra George
Susan and Donald Jarzemsky
Tracy and Glen Larner
Judith and Robert Layton
Denison Levy Marilyn Lowey Julie and Robert MacLean Ginnie Maes Peggy and David Marks Kathy Mayer Colleen and Bill McAleer Deb and Bill McCanne Carol and Tom Meissner
John Menninger
Joyce Semple
Tina and Brian Weiner
Suzanne and Taber Meyers
Joseph W. Serene
Hans Widmer
Trudy Ann Milcan
Susan Sheridan
Karen and Shelby Wyll
Jean and Saul A. Mintz Family Foundation
Mary Ellen Sheridan
Kathleen Mitchell
Sally Shiekman-Miller
Dick Moebius
Hetta and Jesse Heath
Beth and Josh Mondry
Betty and Rob Shiels Fund of Communities Foundation of Texas, Inc.
Gayle B. Morgan and Jonathan Armytage
Pamela Shockley-Zalabak
Michael A. Vernon & Co. C.P.A., P.C.
Dr. and Mrs. William F. Short
Nassan Family
Robyn Samuels and Bruce Shragg
Patricia Neeb
Bobbi and Gary Siegel
$100 AND ABOVE INDIVIDUALS
Shelley Burke and Al Nemoff
Sandy Smith
Anonymous (3)
Ricki and Kerry Newman
Julie and Barry Smooke
Ann Abernethy
Lucy and Gary Nichols
Lorraine and Pat Spector
Deb and Keith Oates
Pat Spitzmiller
Sarah C. Brett Smith and Stephen L. Adler
John Starr
Anne Anderson
Tanai Starrs
Gabriel Andrade
Freda Gail Stern*
Blake Appleby
J. Stoerner
Carole and Paul Auvil
Barbara B. Supplee
Alain Azizi
Kathy Hansen and Edward Sweeney
David Baer
Paul S., John C., Katherine T., and John S.
Annie Baldo
Joseph Brazie
Judd Clarence
Kristin Balko
Cindy Brinks
Christy Clettenberg
Raifie Bass
Markell Brooks
Kim Coates
Dr. Cathrine Blom and Dr. Gordon Baym
Brigitte and Peter Bunevich
Chis Cohan
Gordon and Ron Butz
Karen Beard
Rebecca Callahan and Family
Daniel Becker
Nichole Campbell
John R. Cohn Philanthropic Fund of the Dallas Jewish Community Foundation
Barbara Berkman
Franci Candlin
Ashley and Michael Connolly
Karen and Alan Berkowtiz
Michele and Jim Cardamone
Sharon Cook
Richard Berkshire
Amy and Tom Carr
Gretchen Cooper
Jennifer Causing and Peter Waanders
Betsy P. Black
Paula and Matthew Carr
Emily and Rick Corleto
Leslie and Jack Blanton, Jr.
Mike Carr
Barbie and Tim Cottrell
Ruth and Bob Wade
Nancy and Evan Boenning
BJ and Jack Carter
Marjorie Crawford
Judith C. Schalit
Barbara Wagner
Rob Bordan
Jamie and Joe Chalal
Corey Crocker
Dr. and Mrs. Joel Schneider
Margaret F. Walker
Kathie and Howard Brand
Lynda and Ron Charfoos
Linda and Clay Crossland
Elyse Schostak
Angi Wang
Adrienne Brandes
Caroline Christensen
Sue Crowley
Baba and Tom Owen Peggy and Paul Pace Carol E. Paul and Glenn M. Earl Catherine and John Pearson Susan and Paul Penn Geraldine and Mark Pitts Deborah Prince Gloria and Joe Pryzant Steve Psaledakis Faith and David Rachofsky Ann and Gene Reiling Pearl and Stephen Renaker Patricia Richards Tania and Bob Roberts Noelle J. Rohde Sylvia Rosenberg David A. Roth Miranda Heller and Mark Salkind Mary Salton Joann and Richard Sanders
Donald Tapp, in memory of Erik Giese Shelly and Pete Thigpen Carla and Kelly Thompson Dale Toetz Marie Torreano Linda and Denis Trupkin Lynda Van Dyck Dr. Frank C. Marino Foundation, Inc.
BUSINESSES/FOUNDATIONS/ GOVERNMENT Independence Press, Inc. Land Title Guarantee Company
AMFS President and CEO Alan Fletcher was named the recipient of the Theodore L. Kesselman Award for Arts Education by the New York Youth Symphony and was honored at the symphony’s 55th annual benefit gala October 24 in New York. The award was established to recognize significant dedication by an individual or organization making outstanding contributions in nurturing young people in the arts. Past recipients include Leonard Slatkin, Alan Gilbert, Zarin Mehta, Marta Casals Istomin, Joseph W. Polisi, John Corigliano, and Midori.
LYNN GOLDSMITH
Paula and Herbert R. Molner
Bonnie and Terry Shetler
FLETCHER HONORED BY NEW YORK YOUTH SYMPHONY
Jim Bain
ASPEN MUSIC FESTIVAL AND SCHOOL 2017 ANNUAL REPORT
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45
James R. Custer, M.D.
Terry Hale
Paula Damaso
Elise and Allan Hall
Emma Danciger
Linda and Thomas Headlee
Lisa Dancing-Light
Julia Herman
Bonnie and Mike Daniels
Anne W. Hetlage
Sandy Simpson and Don Davidson
Susan and Chuck Hiller
Russell Davis, in memory of Kenneth Gutner
Elizabeth Hirsch
Irene Davis
Liza Hogan
Sue and Richard de Campo
Jill Hollon
Cecilia and Don DeLise
Ellen and Les Holst
Amy Doherty Carol Dopkin
Shirley Holst, in memory of Jack Holst
Susan and James Dubin
Emery Holton
Andrea and Aaron Edelstein
Paul W. Husted
Jennifer Engel
Amy Rowe and Paul Jacob
Ruslan Faradzhov
Sandy and Peter Johnson
Patti and Joe Farago
Nancy and Walt Kaesler
Mary Kate Farrell
Sally Anne and Harold Kaiser
Zetta Feder
Karen and Michael Kaplan
Richard Finkelstein
Peter Kelley
Ed Foran
Chris and Gary Kelly
Mark Fordham
Stacey Kelly
Linda S. Fossier
Karen and Phil Kelton
Robin and Michael Fox
Soon Duck Kim and Kang Il Kim
Prof. Tom Franks
Krista Klees
Sandra Friedman
Roberta and Mel Klein
Dorothy Frommer
Kathryn and John Koch
Lauren Garrity
Carly Kraemer
Barbara Gilmore
Doris La Mar
Betsy Schwarm and Rick Glesner
Andrew Lan
Robert Goldstein
Marian and Leonard Lansburgh
Holly Goldstein
Michael Latousek
David V. Gollon
Joan and Jeffrey Lava
Sylvia and Marvin Gordon
Lynne and Dan Levinson
Robin Gorog
Mark Lewis
Marlene and Dennis Grant
Jennifer and Greg Long
Sue Anne Griffith
Anita and Scott Lupow
Sandy and Darryl Grosjean
Mikey and Marty Lustberg
Lori Guilander
Martha W. Madsen
Susie Hoeppli
Horn student Brianna Garcon practices on the Bucksbaum Campus.
Jocelyn S. Malkin, M.D.
Wanda Wray Putnam
Donna and Andy Smith
Phil Maniscalchi
Ewald Rainer
Dawnette Smith
Carolyn and Martin Manosevitz
Sue Lavin and Jack Real
Christopher Souki
James Marcus
Ellen and Milton Reitman
Sally Spindel
Joan and Michael Marek
Kay Richter and Stephen Buchmann
Paula and Bob Starodoj
Kelli Marshall
Karen and Don Ringsby
Diane and Stephen Stewart
Susan E. and William H. Mason
Dow Rippy
Bob, Marty, and Chelsea Stonerock
Nancy Wynne Mattison
Savannah Huebsch
Nancy Stover
Karen and Patrick McDonough
Thorn C. Roberts
Dr. and Mrs. Barry S. Strauch
Martha Mecom
Mr. and Mrs. E.B. Robinson, Jr.
Max Taam
Mrs. Harriet Mehl
Brittanie Rockhill
Dottie and Sandy Thomson
Linda and Jerome Meister
Ruth and Mel Ronick
Tommy Tollesson
Cynthia Milling
Joyce and Herb Rosenblum
Ruth and Warren Toltz
Monika Montalbano
Patti and Greg Rulon
Joshua Troderman
Tim Mooney
Suzanne Barber Ryan
Alicia Turbidy
Lydia Morrongiello
Barbara Sheib and Martin Saiman
Lisa Turchiarelli
Stephen D. Morton
Karen and Nathan Sandler
Paula and Bill Turner
Amy Mottier
Nina and Joshua Saslove
Reine Fedor and Doug Turner
Melanie Muss and Tracy Nichols
Marion A. Scharffenberger
Carrie Umbarger
Lyn and Doug Nehasil
Donald Schiff
Donna and John Vogt
Richard Y. Neiley, Jr.
Judith J. Schramm
Riley Warwick
Drs. Sarah and Harold Nelson
Catherine and Matthew Schulze
Jane Wasson
Tommy Nims
Debra and Gerald Schwartz
Scott Weber
Theresa O’Keefe
Jane Unger
Irene Weinrot
Ann Spaeth and Raymond Ollett
Reina and Alberto C. Serrano
Emily and Fred Weitz
Marilyn G. Palade
Christine Sexton
Candace and Ralph Whipple
Alice and Charles Parker
Earlene and Herb Seymour
Marj and Bill Wise
Judith Parkinson, in memory of Scott Parkinson
Layne Shae
Steve Wiseley
Nancy and Philip Shalen
Wendy Wogan
Ginny Passoth
Karlyn and Don Shapiro
Reinhard Wolter
Sandra and Fred Peirce
Carolyn and Dick Shohet
Melinda and John Wright
Forest O. Peneton
Jill Shore
Jay Wright
Terry Lee and Bill Perich
Ruth L. Shuman
Ruth Wright
Karen and Oliver Perin
Pat and Robert Silverman
Adrienne Zatorski
Sara M. Peterson Dr. Gary and Nancy Peterson
Jo Ann and Dr. Samuel C. Silverstein
Joanne Pittard
Mr. and Mrs. Richard W. Simpson, lll
Susan C. Plummer
Steven Slaff
Anne Powell-Riley
Stanley Sloss
Eli Lilly and Company Foundation
Kirk Prichard
Dr. and Mrs. Charles C. Smith III
* Denotes deceased
BUSINESSES/FOUNDATIONS/ GOVERNMENT Appraisal Office Aspen, Ltd.
A student rides his bike to an Aspen Festival Orchestra performance.
ASPEN MUSIC FESTIVAL AND SCHOOL 2017 ANNUAL REPORT
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47
FINANCIAL OVE RVIEW
In 2017 AMFS ended the year with a $100,000 operating surplus which the Board of Trustees transferred to the endowment. In addition to keeping a balanced operating budget for the year, AMFS continued its goal of increasing student quality and providing a superior student experience.
Rental and miscellaneous income 2%
REVENUE
STUDENT AID
Investment income 18%
AMFS continued its work to provide increasing amounts of tuition assistance to its students as detailed in the 2014 Long-Range Plan. In 2013, 40% of students were on a full fellowship and in 2017, 46% of students were on a full fellowship. The goal of the Long-Range Plan is to have 52% of students on full fellowship. In the same period, the average partial scholarship award increased from $2,800 to $3,900.
Student fees 27%
Ticket sales 9%
Development (operating) 41%
DEVELOPMENT AMFS raised $6.7M for the operating fund in 2017. These contributions—which included annual fund gifts, benefit income, and grants—funded both general operations and special projects. Special contributions were given to fund the Education and Outreach Program, artist residencies, student aid, and special concert programs. The Season Benefit, honoring Board Chair Bob Hurst, netted over $950,000 for annual operating purposes.
INVESTMENT INCOME In 2017 AMFS began the process of decreasing the rate of its operating draw on the endowment. Historically AMFS has drawn 5% of the previous 36-months average balance, net of fees. In 2017, AMFS drew 4.75% with a goal of continuing to decrease the rate to 4.5% in coming years. This increasingly conservative approach was recommended by AMFS’s Investment Committee in light of forecasted decreasing average returns in future years. The endowment fund increased from $64M to $72M from October 1, 2016 to September 30, 2017. The fund returned 14% for the fiscal year and averaged 7% for each of the past seven years.
Other earned income 4%
EXPENSES Ancillary programs 1%
Marketing
Management and general costs 15%
2%
Student assistance and other school costs 26%
Cost of sales-other earned income 4%
Summer staff compensation 8%
Administrative compensation
Faculty compensation 16%
24%
Guest artist compensation 4%
ASPEN MUSIC FESTIVAL AND SCHOOL 2017 ANNUAL REPORT
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49
ASPEN MUSIC FESTIVAL AND SCHOOL
STATEMENT OF REVENUE AND EXPENSES As of September 30, 2017
9.30.17
2017 Budget
Variance of Actual to Budget
2016 Actual
Student fees
$4,339,915
$4,281,950
$57,965
$4,167,743
Ticket sales
1,444,052
1,389,000
55,052
1,584,168
706,762
692,700
14,062
685,595
Development (operating)
6,683,822
6,707,430
(23,608)
6,761,599
Investment income
2,889,799
2,897,300
(7,501)
2,923,518
146,293
230,300
(84,007)
374,835
16,210,643
16,198,680
11,963
16,497,458
2,600,376
REVENUE
Other earned income
Rental and miscellaneous income TOTAL REVENUE EXPENSES Student assistance and other school costs: Student assistance
2,842,045
2,771,200
70,845
Other school costs
1,381,940
1,392,350
(10,410)
1,401,221
4,223,985
4,163,550
60,435
4,001,597
2,589,527
2,621,600
(32,073)
2,529,908
715,122
684,350
30,772
683,446
Administrative compensation
3,791,458
3,910,000
(118,542)
3,707,510
Summer staff compensation
TOTAL Faculty compensation Guest artist compensation
1,328,107
1,416,120
(88,013)
1,291,567
Cost of sales-other earned income
573,182
584,500
(11,318)
568,703
Marketing
363,007
375,100
(12,093)
470,441
212,375
148,850
63,525
901,022
2,374,970
2,299,610
75,360
2,263,485
16,171,733
16,203,680
(31,947)
16,417,679
38,910
(5,000)
43,910
79,779
(28,485)
Ancillary programs Management and general costs TOTAL EXPENSES NET FROM OPERATIONS Capital improvements - unfunded
(28,485)
0
Bucksbaum capital reserve
(50,000)
(50,000)
0
(50,000)
143,719
155,100
(11,381)
228,000
(104,144)
0
(104,144)
(257,779)
0
(100,000)
100,000
0
$0
$100
($100)
$0
Transfer of staff salaries to capital campaign and project budgets Transfer (to)/from endowment Cushion/contingency NET REVENUE
Soprano RenĂŠe Fleming, Honorary Trustee Joan Harris, and AMFS President and CEO Alan Fletcher reminisced at a reception honoring the completion of fundraising for the Harris Hall 20th Anniversary Fund; Ms. Fleming sang at the opening concert celebration of the Hall in 1993.
225 MUSIC SCHOOL ROAD ASPEN, CO 81611
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