2014 annual report Final

2014 FISCAL YEAR

ANNUAL REPORT OCTOBER 1, 2013, TO SEPTEMBER 30, 2014 ROBERT SPANO Music Director ALAN FLETCHER President and CEO

“[The AMFS] is pure heaven, frankly. It’s just this incredible scene, where you can sit outside on the Lawn and listen for free, or go into the Tent to hear these internationally renowned musicians, or any one of the many students. . . .

It is one of the top festivals in the world.”

– MONIKA VISCHER COLORADO PUBLIC RADIO

TABLE OF CONTENTS 3 LETTER FROM THE PRESIDENT AND CEO 4 ARTISTIC HIGHLIGHTS 6 EDUCATIONAL HIGHLIGHTS 8 ASPEN IN NYC 9 STUDENT EXPERIENCE 10 STUDENT SPOTLIGHTS 12 WHERE DREAMS BEGIN CAMPAIGN 15 MEDIA AND BROADCASTS 16 BENEFITS 18 BOARD OF TRUSTEES 18 ARTIST-FACULTY 20 FAMILY OF SUPPORTERS 27 REVENUE AND EXPENSES

ASPEN OPERA THEATER CENTER STUDENTS PERFORM TCHAIKOVSKY’S EUGENE ONEGIN COVER PHOTO Violinist and AMFS alumna Simone Porter makes her Aspen guest-artist debut

AMFS PHOTOS ALEX IRVIN

Composer Augusta Read Thomas and cellist Lynn Harrell. Harrell performed the Cello Concerto No. 3, “The Legend of the Phoenix,�

by Read Thomas on July 25. Harrell, whose father helped found the AMFS, spent many summers at the Festival as a child. Read Thomas is also an alumna.

LETTER FROM

LYNN GOLDSMITH

THE PRESIDENT AND CEO The 2014 summer season was a success in innumerable ways. The level of artistry was tremendous; the breadth and scope of programming, elegant; the behind-the-scenes work between our artist-faculty and students, powerful.

Core metrics were all tremendously positive: ticket sales exceeded budget by $31,447; contributions exceeded budget by $317,317; students, 71 percent to whom we provided financial aid, reported a 92 percent satisfaction rate with their experience.

But perhaps most meaningful to the Festival community collectively was the intangible sense of participating in something important and beautiful. It is something I, and our artists and audience members, alike, felt profoundly.

Drawn together for this very special moment, and for hundreds more throughout the summer, were the Festival’s dedicated music director Robert Spano, our artist-faculty, Board, National Council, donors, volunteers, audience, and staff. I feel privileged to be among this group and engaged in this transformative work. My sincere thanks go to everyone for a glorious 2014 season. I hope this Annual Report helps you recall or relive some of its most beautiful moments.

2014 ANNUAL REPORT

Alan Fletcher

ASPEN MUSIC FESTIVAL AND SCHOOL

In just one example, the summer’s opening Friday concert featured an important debut by one of our own, the seventeen-year-old violinist Simone Porter. After seven summers here as a student of Robert Lipsett, she was ready to take the main stage, and we invited her to do so on ours. Fresh as the mountain air, bursting with youthful exuberance, and more than slightly nervous, she captivated audiences with her performance in the 2,050-seat Benedict Music Tent—and made her Aspen family beam. It was a moment that filled the hearts of all of us who care about the future of music. It was an Aspen moment.

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ARTISTIC HIGHLIGHTS The 2014 season of the Aspen Music Festival and School explored the great sweep of Romanticism in music, starting in the eighteenth century with the powerful personal revelations of Beethoven.

The season also looked at the emotional expression of some of the brilliant “New Romantic” composers of today—and at hundreds of examples in between. This combination of old and new, known and mind-expanding, with each work colored by one of an infinite variety of interior personal landscapes, made for an especially satisfying mix of presentations.

The season opened with a notable debut.

The Festival’s own Simone Porter, a seventeen-year-old violinist, made her concerto debut in the Benedict Music Tent with Mendelssohn’s Violin Concerto in E minor on the opening Aspen Chamber Symphony concert (June 27). A student in Aspen for seven years, Ms. Porter told The

Other new Aspen experiences in 2014 included the debut of a new electronic organ donated

by Aspen alumnus, longtime patron, and Aspen community member Jon Busch. Electronic organs have long been considered subpar—that is, until this new series made by Hauptwerk. Rather than synthesized sound, the Hauptwerk Virtual Pipe Organ delivers the actual tones of some of the world’s best pipe organs. The Festival’s artistic staff chose which instrument best fit the interior space of the Benedict Music Tent, and on Sunday, July 6, the instrument debuted in SaintSaëns’s magisterial “Organ” Symphony.

Also new was the configuration of Aspen’s longtime resident brass ensemble, the American Brass Quintet. Retiring from the group after four decades as members, trumpeter Ray Mase and French hornist David Wakefield, both Aspen artist-faculty members, were replaced by Louis Hanzlik and Eric Reed, respectively. The group’s recital in Harris Concert Hall on July 28 both honored Mase and Wakefield and celebrated Hanzlik and Reed. All seven players participated.

2014 ANNUAL REPORT ASPEN MUSIC FESTIVAL AND SCHOOL

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Aspen Times in an interview what returning as a guest artist meant to her: “All these years sitting there [in the orchestra] in wonder and looking up at these artists for inspiration, to be where they’ve been for all these years—I am beyond honored.”

She continued, “This concert means more to me than almost anything I’ve ever done.” Her performance was beautiful, meaningful on many levels, and illustrated powerfully the importance of the work that goes on each summer in Aspen.

Conductor and AMFS alumnus Leonard Slatkin

On the other end of the spectrum, several longtime Aspen artists had significant milestones in the 2014 season. The illustrious conductor Leonard Slatkin, an Aspen alumnus, marked his fiftieth year in Aspen and also announced the sunset of his summer festival appearances, including in Aspen. Slatkin conducted the Aspen Festival Orchestra in Richard Strauss’s glorious Alpine Symphony on August 3. Slatkin noted, in an interview, the fitting nature of the work to his Aspen adieu, saying “Aspen has served as one of the most important facets of my musical development. The program itself is a very fitting finale for what has been a glorious ride.”

Other anniversaries included the 40th year in residence of the American String Quartet, an occasion noted at the Quartet’s sold-out recital on July 29, and the forty-fifth year on the artist-faculty for trombonist Per Brevig, whose career included twenty-six years as the principal trombonist for the Metropolitan Opera Orchestra.

The Festival’s collaboration with other arts groups continued to be robust, with a co-presentation with Jazz Aspen Snowmass of the legendary Tony Bennett on June 28, and some new collaborations, as well. Aspen Film and the AMFS partnered on a sold-out multimedia presentation at Harris Concert Hall on July 21 where jazz guitarist Bill Frisell led live music coordinated with a film by Bill Morrison illustrating the Mississippi River flood of 1927.

American String Quartet

In a wholly different kind of collaboration, the AMFS provided music for the official opening of the new Aspen Art Museum building with a piano work by Erik Satie called Vexations, which consists of a short half page of music, repeated 840 times. Eight student pianists played the work in shifts throughout the approximately twenty-four hours the piece usually takes to play, with AMFS President and CEO Alan Fletcher himself taking the first shift in the performance. Last, Aspen rock venue The Belly Up collaborated with the AMFS on July 8 for A Tribute to Frank Zappa, a concert conceived and produced by longtime Aspen artist-faculty member Jonathan Haas and performed by AMFS percussion students.

The Aspen Opera Theater Center production of Lowell Liebermann’s The Picture of Dorian Gray

2014 ANNUAL REPORT

Finally, the season closed with an ecstatic performance of Beethoven’s iconic Ninth Symphony. Music Director Robert Spano—who in his busy summer had also led summer performances with each orchestra, and performed Frank Martin’s little-known Der Cornet with Monica Groop and Romantic chamber music with violinist Robert McDuffie— commanded a rich, full performance that was the perfect finale to a season dedicated to Romanticism. While there was touch-and-go weather during the first half of the concert, the skies cleared and the first ray of sunshine touched the Tent just as Beethoven’s masterpiece began. It was as if even nature herself stepped aside to make room for the genius of Beethoven and the triumphant ending of another beautiful Aspen season.

ASPEN MUSIC FESTIVAL AND SCHOOL

The opera season was aesthetically gorgeous, and thought-provoking, as well. It started with a visually and vocally stunning performance of Tchaikovsky’s quintessentially Romantic Eugene Onegin—the first time this work has been performed by the Aspen Opera Theater Center. The Aspen Times reviewer Harvey Steiman noted the cast “knocked it out of the park.” Lowell Liebermann’s The Picture of Dorian Gray had an entirely different take on beauty, highlighting its dark underbelly, and the summer production of Bizet’s Carmen, which closed the opera season, infused a modern political message into the well-known and loved score.

AMFS Music Director Robert Spano and violinist and alumnus Gil Shaham

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EDUCATIONAL HIGHLIGHTS Royal Northern College of Music, and the Jerusalem Academy of Music and Dance were also considered as part of this effort. Adding to this were new relationships and scholarships with the P.I. Tchaikovsky Moscow State Conservatory and the Hochschule für Music Hanns Eisler in Berlin. Both were initiated by AMFS Trustee Stephen Drimmer.

William Hagen

ASPEN MUSIC FESTIVAL AND SCHOOL

2014 ANNUAL REPORT

The 2014 season saw the continued growth of the quality of the educational programs at the Aspen Music Festival and School. The common conversation of the summer among artist-faculty and students was how much better they were able to refine their musicianship in the acoustically honed new buildings on the Matthew and Carolyn Bucksbaum Campus.

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Another area of growth for the AMFS in 2014 was in bringing students to Aspen directly from some of the great international conservatories of the world. Thanks to support from the Polonsky Foundation, students from the Royal College of Music, Guildhall School of Music, and Buchmann-Mehta School of Music attended the AMFS with full funding. Students from the Royal Academy of Music,

MAROON BEL CANTO CHILDREN’S CHORUS TEACHES YOUNG SINGERS Summer 2014 saw the second season of the new Maroon Bel Canto Children’s Chorus summer camp. Thirty-nine young singers, ages eight to thirteen, joined together for a week of intensive rehearsals, observation of professional music-making at AMFS rehearsals, and a lovely and energy-filled final performance.

The P.I. Tchaikovsky Moscow State Conservatory is Russian’s top conservatory with alumni such as violinist Gidon Kremer, pianist Olga Kern, and cellist Mstislav Rostropovich. In this new partnership, the conservatory will each year choose one of its top students to come to Aspen, fully funded by the AMFS. Chosen in 2014 was pianist Timofey Dolya who deeply enjoyed his Aspen experience. He studied with artist-faculty members Arie Vardi and Yoheved Kaplinsky, participated in a master class with Inon Barnatan, performed in Harris Concert Hall, and still found time to hike and bike in the mountains. In a video portrait made at the end of the summer and posted on the Festival YouTube

Students perform side by side with artist-faculty member John Zirbel.

REMEMBERING

MATTHEW BUCKSBAUM (1926–2013)

Robert McDuffie rehearses with an artist-faculty and student chamber ensemble.

channel, Dolya commented that at the end of the summer he returned to Russia more deeply developed as a musician. He noted, “Now it is much easier for me to play some difficult pieces, which is really important.”

The piano chamber music program of David Finckel and Wu Han entered its second year, with fierce competition for the thirteen slots available. The winner of the 2014 Dorothy DeLay Prize, William Hagen, gave a notable performance in the Benedict Music Tent on July 2, and eighteen-year-old violin student Stephen Kim, a student of Paul Kantor, became the first student in AMFS history to have won every competition the AMFS offers to violinists: the American Academy of Conducting at Aspen Violin Competition (2011), the Dorothy DeLay Prize (2012), and the 2014 Violin Competition.

“Knowing and working with Matthew has been one of the great privileges of my professional life,” says AMFS President and CEO Alan Fletcher. “Matthew and Kay’s steadfast belief in the institution, its mission, and its future, have both sustained it through tough times and raised it up to its highest realization. The music and the lives of the young musicians who come each summer will be forever touched by their passion and generosity.”

2014 ANNUAL REPORT

Always a source of pride, returning Aspen alumni who performed included violinists Adele Anthony, Joshua Bell, Sarah Chang, Fabiola Kim, Robert McDuffie, Simone Porter, and Gil Shaham; pianists Jeremy Denk, Conrad Tao, Wu Han, and Joyce Yang; cellist Alisa Weilerstein; guitarist Sharon Isbin; mezzo-sopranos Sasha Cooke and Isabel Leonard; bass-baritone Eric Owens; and conductors James Feddeck, James Gaffigan, and Leonard Slatkin.

On July 7, 2014, the AMFS community gathered for a special memorial event in honor of Matthew, whose gifts with Kay over the past four decades can be seen all throughout the AMFS, whether in the dozens of endowed fellowships and scholarships that have helped transform the lives of young musicians, or in the School’s beautiful new Campus.

A generous $25 million gift from the Bucksbaums provided the bedrock funding for a redevelopment of the Campus, which officially opened in July 2013 and is named the Matthew and Carolyn Bucksbaum Campus in recognition of their leadership. The gift remains the largest in the institution’s history.

ASPEN MUSIC FESTIVAL AND SCHOOL

Dolya also noted in an interview that “students from other countries all teach me new and amazing things, and I hope I do the same for them,” articulating a key reason why Aspen is continuing to expand in this direction.

Matthew Bucksbaum, Aspen Music Festival and School Life Trustee, benefactor, and twice Chair of the Board of Trustees, passed away in November 2013 at age eighty-seven. He and his wife, Kay, discovered Aspen in 1953 when they came to celebrate their 1st wedding anniversary—and it was on that trip that Matthew experienced the first classical music concert of his life. In the decades that followed, he came to be one of the most enthusiastic lovers of the Festival and School’s mission to educate and encourage young musicians.

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ASPEN IN NYC

David Halen, Robert Spano, William Hagen, Benjamin Lash, and Masao Kawasaki

On April 16, 2014, at New York City’s SubCulture performance venue, the Aspen Music Festival and School hosted an event unlike any it has undertaken in the past.

Led by Alan Fletcher and Robert Spano, “The Complete Aspen Music Festival and School (abridged)” was designed to bring the Aspen experience to the East Coast by distilling the magic of a summer into just two hours.

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To further showcase the AMFS’s emphasis on fostering young talent, alumna Dawn Upshaw coached 2014 Aspen Opera Theater Center student and soprano Pureum Jo in a brief master class. A panel discussion followed, featuring Fletcher, Spano, AOTC Director Edward Berkeley, and violinist and artist-faculty member David Halen. And to close out the event, Spano led a performance of Brahms’s Piano Quintet in F minor played by a mix of artist-faculty and students that wonderfully represented the Festival’s emphasis on side-by-side performance.

As a bonus, student Fabiola Kim played a short, splashy encore in a solo “star turn” of a work by contemporary composer Sayo Kosugi called Delirious Distortion for solo violin.

Cathy and Jonathan Koplovitz and Arlene Salomon

Robert Spano and Alan Fletcher

Kathy Buchanan and Toni DuBrul PHOTOS BY ERIKA KAPIN

ASPEN MUSIC FESTIVAL AND SCHOOL

2014 ANNUAL REPORT

The evening, which was open to the public and widely publicized by The New York Times, the New Yorker, Time Out New York, and others, featured performances by students and alumni—beginning, in fact, with a student performance of Edges, a string quartet by 2014 AMFS composition student Luke Carlson. In his review, The New York Times chief critic praised it, saying, “This rhapsodic piece is by turns agitated, searching and plaintive.”

A wonderful mix of artists, Aspen supporters and friends, Board members, alumni, music critics, and music lovers of many stripes packed the house for what turned out to be a high-energy, creative evening imbued with Aspen’s special sparkle.

Dawn Upshaw, Kenneth Merrill, and Pureum Jo

STUDENT EXPERIENCE A student class of 626 talented musicians—with an average age of twenty-two—traveled to Aspen from thirty-eight countries and thirty-six states in 2014. Of the entire student population, 71 percent received financial aid, either in the form of a scholarship or fellowship. The total amount of financial aid given in 2014 was $2,344,935.

At the end of each season, students are asked to fill out a survey that gauges their overall satisfaction with their Festival and School experience. Yet again, students provided overwhelmingly positive feedback, with 92 percent of 2014 students rating their overall experience as “excellent” or “good.”

Returning students comprised more than 42 percent of the 2014 class.

2014 ANNUAL REPORT

Artist-faculty member Alexander Kerr teaches a private lesson.

ASPEN MUSIC FESTIVAL AND SCHOOL

As in previous years, students also reported that the three main reasons they chose to attend the AMFS were the opportunity to study with a particular artist-faculty member, the amount of financial aid offered, and the opportunity to participate in a high-level orchestra program.

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STUDENT SPOTLIGHTS Meet four of the hundreds of exceptionally talented students who attended the AMFS in 2014.

MARK HSIEH

Mark Hsieh was in the fourth grade when faced with what would be one of the biggest decisions of his life: which instrument to play in band class. But all the elementary schooler cared about at the time was getting to the playground.

“There was a room full of instruments but you don’t care— you’re in the fourth grade, and you’re really annoyed they’re taking up your recess time,” says Hsieh. Now he looks back on that fateful day and admits it was his desperation to go outside and play that led to him to hurriedly point to a trombone and say, “that one, the shiny one! Can I go to recess now?’”

Bass trombone

ASPEN MUSIC FESTIVAL AND SCHOOL

2014 ANNUAL REPORT

Snap decision though it was, it turned out to be a good one.

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“[Trombone] kind of fits my personality,” says Hsieh, who began with piano at age six but found it didn’t suit him. “I’m loud and kind of aggressive, and it’s that type of instrument.”

Hsieh is currently studying for his master’s degree at the University of Colorado Boulder, and attended the AMFS for the first time in 2014. A recipient of the Louis and Harold Price Foundation Fellowship, Hsieh was thrilled to spend the summer studying with artist-faculty member John Rojak.

“He’s huge in the trombone world, so when I found out I got to study with him, I was like, ‘Oh man, oh man. I’m so nervous. What am I going to play?’”

And Hsieh’s awe while in Aspen extended even beyond fellow trombonists.

“I was walking over by the Lower School Building [on the Bucksbaum Campus],” he recalls of his summer, “and I see this dude driving by with a bass in the front seat. And he gets out of the car and it’s Edgar Meyer—one of my musical heroes. Unbelievable! He says ‘hello’ and I’m like, ‘It’s you!’ and he says, ‘It’s me.’ And immediately I was like a schoolgirl.”

ALEXANDER KIENLE French horn

When Alexander Kienle left the AMFS after the 2014 season, his next engagement was one most of his fellow students dream about: a fulltime orchestra position. In fact, when Kienle joined the Dallas Symphony Orchestra in September as assistant principal French horn, he fulfilled part of his own dream—which, he says, was sparked in Aspen more than a

decade ago.

Up until the age of seventeen, Kienle had primarily focused his studies and ambition on jazz piano, though he had also been playing the French horn since the fifth grade. But with the encouragement of his French horn teacher, Kienle decided to attend the AMFS for the first time, and was immediately moved by the experience.

“I remember sitting in my first week in the Aspen Festival Orchestra and hearing [AMFS artist-faculty member and co-principal horn] John Zirbel play Beethoven’s Sixth Symphony,” recalls Kienle. “Every time he played, I would grin from ear to ear, because I could not believe what I was hearing. I could feel my feet on the floor shaking because his sound was so powerful that the whole stage was vibrating. And I thought, ‘That’s what I want to do. I want to play in an orchestra and sound like that.’”

Kienle pauses before continuing, with a smile: “Of course, here I am, eleven years later, still trying to sound like that.”

His dedication to continuously improving his sound is a big part of why he returned to Aspen four times since his first summer at the AMFS, repeatedly drawn by distinguished artist-faculty like Zirbel.

“The city of Aspen is wonderful, the environment is great, it’s fun to put on concerts—but there is no substitute for playing side by side with someone who’s a lot better than you,” says Kienle. “Imitation is the fastest way to improve, and if you have someone great to imitate, you’re in a good position.”

PAOLA VÁZQUEZ

With professional musicians for parents, it always seemed natural that Paola Vázquez would take to a career in music, too. But as the violinist works toward her future, she points out there’s far more to that career than performing on stage.

“All these years, I’ve been investing a lot of time in myself, in my playing, and in getting better as a musician,” says Vázquez, who was born and raised in Puerto Rico but moved to the United States at fifteen to study first at the Manhattan School of Music and now at Rice University’s Shepherd School of Music.

“But my main dream is to work for other people—to work for children who don’t have the resources and opportunities to get close to music, especially where I come from and in nearby countries like the Dominican Republic and Cuba.”

Violin

At Rice University, Vázquez studies with Paul Kantor— an AMFS artist-faculty member who first encouraged her to apply to the Festival and School. Impressed by the AMFS’s balanced approach to education, Vázquez decided to return for a second summer in 2014, as a recipient of a Vincent Wilkinson Foundation Scholarship.

“I realized I really liked it,” he says. “Somehow, the violin is connected to my heart. It [is the only instrument] that can express my emotions.”

The summer of 2014 was Zhao’s first in Aspen, where he was a recipient of an Allen and Kelli Questrom Foundation Scholarship and studied with Espen Lilleslåtten and Bing Wang. But it was as a teen in China that he first heard of the AMFS. “My teacher mentioned it. He had never been to Aspen but his teacher had, a long time ago, and he was telling me that it was a magic place. I never thought one day I could be here—and really, truly, it is magic.”

After finishing high school in Sichuan, Zhao completed his undergraduate study at the National University of Singapore. While there, he participated in an exchange program that sent him for a semester to the Peabody Institute, where he had the opportunity to audition for the AMFS. “I have many, many friends who have come here twice, three times, four times, and there must be a reason why they come back every summer,” says Zhao, who was so certain he, too, wanted to come to Aspen that the AMFS was the only summer festival for which he auditioned.

After arriving, he was sure he’d made the right choice—though he admits that being surrounded by such talented fellow students and distinguished artist-faculty often brought on a case of nerves.

“But I think that’s good,” he laughs. “It makes me practice more!”

2014 ANNUAL REPORT

“We have time to practice [in Aspen], but we also have time to focus on ourselves. Everything is at an extremely high level, but at the same time it’s laid back,” she says. “I feel it’s such a healthy environment for music-making. Aspen is a very happy place.”

Then, when he turned three, it was Zhao’s turn. But even early Violin on, his approach to the violin was less about a sense of duty and more about a sincere passion.

TIAN ZHAO

ASPEN MUSIC FESTIVAL AND SCHOOL

Access is a key issue for Vázquez, whose father is a jazz bassist and whose mother—also a violinist— plays with the Puerto Rico Symphony Orchestra and teaches. Though Puerto Rico has a rich musical history thanks to traditional and much-beloved styles like bomba, plena, and salsa, Vázquez notes the classical scene is less developed, with few opportunities for rigorous and challenging study. That’s what led her to the U.S. and, eventually, to Aspen.

When he was just a toddler in China’s Sichuan province, Tian Zhao saw so many youngsters come through his home to study with his violinist father, he thought picking up the instrument was mandatory for all kids.

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T Aspen

Where Dreams Begin The Castle Creek Campaign Aspen Music Festival and School

Where Dreams Begin

Where Dreams Begin The Campaign for the Aspen Music Festival and School

The Campaign for the Aspen Music Festival and School

WHERE DREAMS BEGIN CAMPAIGN

By the end of the 2014 fiscal year, the AMFS had Dreams toward Begin raised Where $55 million the $75 million dollar Where Dreams Begin campaign goal.

The Campaign for the Aspen Music Festival and School

2014 ANNUAL REPORT

The AMFS created the Where Dreams Begin campaign to renovate the Matthew and Carolyn Bucksbaum Campus, to augment Where Dreams Beginendowment funding for student financial aid, to honor artist-faculty, The Campaign for the Music Festival and Festival School and toAspen benefit future excellence and innovation. Support for the Phase I capital and endowment funding has already enabled our organization to transform the quality of teaching, learning, and performance that happens each summer.

here Dreams Begin

The Campaign for the en Music Festival and School

ASPEN MUSIC FESTIVAL AND SCHOOL

usic School Road · Aspen, CO 81611

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With the soon-to-be-achieved Phase II fundraising goals, the AMFS will complete its Campus renovation with an additional rehearsal hall, new administrative offices, a new cafeteria, an additional building with teaching studios and an assembly hall, restoration of the historic Hardy Administrative Building, new maintenance buildings, and a bike facility.

Other achievements in 2014 included: • The Festival successfully launched an effort to allow donors to name or dedicate a practice room on the Bucksbaum Campus. The Bucksbaum Campus practice rooms are where students spend much of their summers, working hard to improve their skills, learn new repertoire, and prepare for lessons and performances. Several donors, who had given gifts of $50,000 or higher, were allowed to pick out a room that would bear their name, or a plaque honoring a friend or family member.

The Festival announced a • campaign for the Per Brevig Trombone Scholarship, established in 1989 in honor of long-time artist-faculty member Per Brevig. Per has served as a member of the AMFS artist-faculty for forty-five years, as well as held distinguished teaching positions at The Juilliard School, Manhattan School of Music, Mannes, and Oberlin College.

he campaign for the Joan and Irving Harris • T Concert Hall 20th Anniversary Fund continued throughout 2014, with numerous gifts. The Irving Harris Foundation granted $1 million in 2013 toward the Joan and Irving Harris Concert Hall’s continued maintenance and in support of winter concerts in Aspen. We applaud Honorary Trustee Joan W. Harris for taking the lead, once again, in her support for our wonderful, jewel-box performance venue. The Joan and Irving Harris Concert Hall 20th Anniversary Fund will afford AMFS the opportunity to undertake larger, supplemental projects that will improve the comfort of the Hall, increase its energy and water efficiency, and ensure that it retains—and even gains—state-of-the-art features that will keep it a premier venue for decades to come.

The gift requires a 1-1 match.

• Several new named funds were created to support AMFS students in perpetuity. These include the following: » The Mercedes T. Bass Charitable Corporation established the Robert Spano Conducting Prize, which will be awarded at the end of each summer season to a deserving and talented member of the American Academy of Conducting in Aspen. The award will enable the recipient to return to Aspen the following summer to, once again, take part in the

Practice rooms on the Bucksbaum Campus Photo by Timothy Hursley

OPENING OF THE

AMFS’s world-renowned conducting program. » M rs. Bass also created the Mercedes T. Bass Opera Fellows—a fund that, when fully vested, will fund six opera students at the Aspen Opera Theater Center each summer. » The Derfner Foundation from New York established the Derfner Foundation Fellowship. » AMFS piano alumnus Robert A. Harris left a generous bequest to establish two scholarships in honor of his Aspen teacher Rosina Lhévinne, and his parents, Mr. and Mrs. Arch L. Harris. » The AMFS’s dedicated volunteer corps formed a committee to support the campaign and have asked their members to contribute additional funds toward the endowed Fred O. Lane Scholarship Fund.

LOWER SCHOOL BUILDING On Monday, June 30, 2014, the AMFS celebrated the opening of the new Lower School Building on the Matthew and Carolyn Bucksbaum Campus. The building provides classrooms for Aspen Country Day School and teaching studios for the AMFS. In addition, an airy, open common area provides a quiet space for students to take a break. Below, benefactors Charles and Fonda Paterson stand by the commons that bears their name.

Progress for the Campaign for the Aspen Music Festival and School $75 million $70 million $65 million $60 million $55 million $50 million

total fundraising as of September 2014

$45 million $40 million

Charles and Fonda Paterson, in the eponymous Paterson Commons at the new Lower School Building

$35 million $30 million $25 million $20 million $15 million $10 million

The Lower School Building on the Bucksbaum Campus Photo by Timothy Hursley

2014 ANNUAL REPORT

$5 million

ASPEN MUSIC FESTIVAL AND SCHOOL

$55,033,715

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The AMFS provides plenty of chances for kids to get close to classical music each summer. Pictured here is a scene from the ever-popular annual instrument “petting zoo.� Photo by Todd Patrick

MEDIA AND BROADCASTS

Students perform on NPR’s From the Top

In 2014, the Aspen Music Festival and School was highlighted as a top summer destination for music-lovers by several outlets, including the The New York Times, NPR, Musical America, the Chicago Tribune, the Denver Post, HuffingtonPost.com, and ABCNews.com. And media who attended the AMFS for themselves certainly tended to agree.

Other media coverage included cover stories in Symphony Magazine, Musical America, and Colorado Expression. Additionally, several outlets—including The New York Times—reported on the AMFS’s special one-night-only event in New York City, “The Complete Aspen Music Festival and School (abridged),” which took place in April and gave an intimate audience a taste of the Aspen experience.

– TOM HUIZENGA NPR.ORG 1 0 Can’t-Miss Classical Music Festivals May 1, 2014

2014 ANNUAL REPORT

Returning yet again to the AMFS was American Public Media’s Performance Today with host Fred Child, as well as NPR’s From the Top, hosted by acclaimed pianist Christopher O’Riley. Together, these beloved radio shows reached more than 2 million listeners with their AMFS-centric programming. Also returning was Colorado Public Radio, which expanded its offerings in 2014 to include broadcasts of recitals from Harris Concert Hall in addition to airing the AMFS’s July 4 celebration and a live broadcast of the final concert of the summer, both from the Benedict Music Tent.

ASPEN MUSIC FESTIVAL AND SCHOOL

Opera News praised the Aspen Opera Theater Center’s summer lineup of Eugene Onegin, The Picture of Dorian Gray, and Carmen, calling the season “major-league stuff for the young singers in the company.” In discussing Onegin, reviewer Marc Shulgold lauded the cast for bringing “professional polish to this vocally and dramatically challenging work,” and noted that AOTC Director Edward Berkeley has “moved up to the next level of operatic ability and experience” in his casting.

“ In many ways, the Aspen Music Festival is the Cadillac of summer classical music fests, in terms of its unparalleled roster of guest musicians and its extensive student training program.”

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ASPEN MUSIC FESTIVAL AND SCHOOL

2014 ANNUAL REPORT

Alan Fletcher and Mercedes T. Bass at the 2014 Season Benefit

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Alison Teal, Sam Brown, and Kay Bucksbaum at the 2014 Season Benefit

Willem Mesdag and Conrad Tao at an Artist Dinner hosted by the Mesdags

Joshua Bell and Anton Nel perform at an Artist Dinner hosted by Alexandra Munroe and Robert Rosenkranz.

BENEFITS Benefit evenings over the 2014 season together netted $732,000 in support of the Festival and School’s programs.

Richard Edwards, Linda Vitti Herbst, and Clancy Joe Herbst at the 2014 Opera Benefit

The annual Season Benefit—this year, a special celebration of opera in Aspen—was held on July 21 at the Doerr-Hosier Center at the Aspen Meadows. Chaired by Mrs. Mercedes T. Bass, the event featured performances by soprano Deborah Voigt, mezzo-soprano Sasha Cooke, and the bright young talents of the Aspen Opera Theater Center.

On August 12, the AMFS held its 11th 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 Bizet’s Carmen, performed by rising stars from the AOTC.

Kelli Questrom and Eleanore De Sole at the 2014 Opera Benefit

Stefan Edlis and Gael Neeson at the 2014 Season Benefit

ASPEN MUSIC FESTIVAL AND SCHOOL

Other special benefit events in 2014 included the Winter Benefit on March 14, featuring violinist and AMFS alumnus Robert McDuffie and pianist Elizabeth Pridgen, and several Artist Dinners and House Music concerts throughout the summer. The 2014 Artist Dinners featured three guest artists who also happen to be extraordinarily successful AMFS alumni: violinist Joshua Bell, pianist Conrad Tao, and conductor Leonard Slatkin. Each Artist Dinner event featured cocktails, a musical presentation, and an intimate seated dinner with that evening’s featured artist.

Ann Ziff, Joan Harris, and Deborah Voigt at the 2014 Season Benefit

2014 ANNUAL REPORT

Patricia Eltinge, Rossell Studer, and Bettie Miller at the 2014 Opera Benefit

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BOARD OF TRUSTEES AS OF SEPTEMBER 30, 2014

ASPEN MUSIC FESTIVAL AND SCHOOL

2014 ANNUAL REPORT

BOARD OF TRUSTEES

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Robert J. Hurst, Chair Michael Klein, Vice Chair Sam Brown, Treasurer Gail Engelberg, Secretary Alan Fletcher, President and CEO Nadine Asin Thomas H. Baer Edward C. Berkeley Sandra K. Bishop Kay Bucksbaum Martin Carver Stephen Drimmer James Dunham Jerry Eberhardt Stefan Edlis Alan Englander Nanette Finger Jane Frazer Ann Friedman Jessica Fullerton Mary Giese Sanford Grossman Jonathan Haas Connie Heard Linda Vitti Herbst Sydney Hodkinson Allison Kanders Paul Kantor Cathy L. Koplovitz Fred Kucker Jonathan Lee Espen Lilleslåtten Robert Lipsett Anthony Mazza Willem Mesdag Alexandra Munroe Jerry Murdock Michael Murray

Stephanie Naidoff Anton Nel Fonda Paterson Aaron Podhurst Dana Powell John Rojak Arlene Lidsky Salomon Danner Schefler Caryn Scheidt Jane Sherman Gillian Steel Alison Teal Joaquin Valdepeñas Carrie Wells Walter Isaacson, ex-officio HONORARY TRUSTEES

Joan W. Harris Itzhak Perlman Robert Spano, Music Director Pinchas Zukerman LIFE TRUSTEES

Paula Bernstein William Bernstein Matthew Bucksbaum, in memoriam Noël Congdon Marian Lyeth Davis Al Dietsch John Doremus Martin Flug Gerri Karetsky Nancy Odén Charles Paterson Betty Schermer Ford Schumann Dennis Vaughn Ken Whiting, in memoriam

ARTIST-FACULTY VOICE

VIOLA

Vinson Cole Elizabeth Hynes Stephen King W. Stephen Smith

Daniel Avshalomov Catharine Carroll Victoria Chiang Beth Guterman Chu James Dunham Lawrence Dutton Masao Kawasaki Thomas Turner Jonathan Vinocour Geraldine Walther Stephen Wyrczynski

ASPEN OPERA THEATER CENTER

Edward Berkeley, director Elizabeth Buccheri, head of music William Billingham Garnett Bruce

Mary Duncan Gregory Fortner Timothy Long Kenneth Merrill Charles Prestinari Jeanne Slater Diane Zola PIANO

Cipa Dichter Misha Dichter Choong Mo Kang Yoheved Kaplinsky Julian Martin Anton Nel Ann Schein Rita Sloan Arie Vardi Virginia Weckstrom Wu Han VIOLIN

Renata Arado Earl Carlyss Laurie Carney Robert Chen David Coucheron Ellen dePasquale Eugene Drucker Edward Dusinberre David Halen Robert Hanford Cornelia Heard Paul Kantor Masao Kawasaki Alexander Kerr Espen Lilleslåtten Robert Lipsett Robert McDuffie Sylvia Rosenberg Károly Schranz Philip Setzer Naoko Tanaka Bing Wang Peter Winograd

CELLO

Richard Aaron Darrett Adkins András Fejér David Finckel Desmond Hoebig Eric Kim Wolfram Koessel Michael Mermagen Brinton Smith Paul Watkins DOUBLE BASS

Bruce Bransby Christopher Hanulik Albert Laszlo Edgar Meyer FLUTE

Nadine Asin Bonita Boyd Aralee Dorough Mark Sparks OBOE

Robert Atherholt Elaine Douvas Elizabeth Koch Tiscione Richard Woodhams CLARINET

Laura Ardan Burt Hara Bil Jackson Joaquin Valdepeñas BASSOON

Nancy Goeres Per Hannevold

FRENCH HORN

Andrew Bain Julie Landsman Erik Ralske Kevin Rivard Eric Reed David Wakefield John Zirbel TRUMPET

Karen Bliznik Kevin Cobb Louis Hanzlik Raymond Mase TROMBONE

Per Brevig Michael Powell John D. Rojak, bass trombone TUBA

Warren Deck PERCUSSION

Frank Epstein Jonathan Haas Douglas Howard Joseph Pereira Thomas Stubbs Mark Yancich Paul Yancich Cynthia Yeh HARP

Nancy Allen Gillian Benet Sella GUITAR

Sharon Isbin, director

Earl Carlyss, director James Dunham Sylvia Rosenberg ALEXANDER TECHNIQUE

Lauren Schiff LUTHIER

Joan Balter AMERICAN ACADEMY OF CONDUCTING AT ASPEN

Brett Dean, composer-in-residence Sydney Hodkinson, composer-in-residence Steven Stucky, composer-in-residence Christopher Theofanidis, composer-in-residence George Tsontakis, composer-in-residence Mason Bates, visiting composer Luke Andrew Carlson, visiting composer Sebastian Currier, visiting composer Lowell Liebermann, visiting composer Matthias Pintscher, visiting composer Roberto Sierra, visiting composer Augusta Read Thomas, visiting composer ASPEN CONTEMPORARY ENSEMBLE

Sydney Hodkinson, conductor ENSEMBLES-IN-RESIDENCE

American Brass Quintet American String Quartet Pacifica Quartet Takรกcs Quartet

ARTIST-FACULTY EMERITUS

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 Gordon Hardy, in memoriam Jennifer John, violin Joseph Kalichstein, piano Eugene Levinson, bass Jorge Mester, music director Theodore Oien, clarinet Antoinette Perry, piano Sylvia Plyler, Aspen Opera Theater Center 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

2014 ANNUAL REPORT

Robert Spano, director Asadour Santourian, program administrator Federico Cortese, visiting faculty Nicholas McGegan, visiting faculty Larry Rachleff, visiting faculty Hugh Wolff, visiting faculty

SUSAN AND FORD SCHUMANN CENTER FOR COMPOSITION STUDIES

ASPEN MUSIC FESTIVAL AND SCHOOL

CENTER FOR ADVANCED QUARTET STUDIES

The opening of the Aspen Art Museum, featuring a performance from eight AMFS student pianists and Alan Fletcher

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FAMILY OF SUPPORTERS The Aspen Music Festival and School gratefully acknowledges the contributions of the following individuals to the 2014 Annual Fund.

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.

$100,000 and above INDIVIDUALS

Mrs. Mercedes T. Bass Soledad and Robert Hurst Kelli and Allen Questrom Nancy and Charles Wall BUSINESSES

The Aspen Times

$75,000 and above

ASPEN MUSIC FESTIVAL AND SCHOOL

2014 ANNUAL REPORT

INDIVIDUALS

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Shirley and Barnett C. Helzberg, Jr. Lisa and Will Mesdag Becky and Mike Murray Beatrice and Anthony Welters BUSINESSES

City of Aspen JUSTIN Vineyards & Winery

$50,000 and above INDIVIDUALS

Anonymous (2) Kay Bucksbaum Melva Bucksbaum and Raymond Learsy Ruth and Martin Carver Stefan Edlis and Gael Neeson Ann and Tom Friedman

Jessica and John Fullerton Sanford and Naava Grossman Irving Harris Foundation, Joan W. Harris Joan Fabry and Michael Klein Dana and Gene Powell

$30,000 and above INDIVIDUALS

Thomas H. Baer Mr. and Mrs. Edward P. Bass Zoe and William D. Budinger Nadia and Stephen Drimmer Richard Edwards, in memory of Harley Baldwin Jane and Michael Eisner, The Eisner Foundation Gail and Alfred Engelberg Linda and Alan Englander Mary E. and Erik Giese Meg and Bennett Goodman Judith Z. Steinberg and Paul J. Hoenmans Allison and Warren Kanders Jane and Gerald Katcher Barbara Koval Leonard A. Lauder Barbara and Jonathan Lee Toby Devan Lewis Mona Look-Mazza and Tony Mazza John P. and Anne W. McNulty Foundation Alexandra Munroe and

Robert Rosenkranz Janet and Tom O’Connor Louis & Harold Price Foundation, Inc. Patricia M. and Emanuel M. Papper Foundation Anne and Arny Porath Alice and Lew Sanders Mary and Patrick Scanlan Betty and Lloyd Schermer June and Paul Schorr Jane and Larry Sherman Camilla M. Smith Gillian and Robert Steel Eva and Marc Stern

Steve Marcus Leslie and Mac McQuown Judith E. Neisser Judy and Werner Neuman Lynda and Stewart Resnick Nancy and Richard Rogers Isa Catto Shaw and Daniel Shaw, in memory of Henry and Jessica Catto Carrie and Joe Wells Martha Yocum

$17,000 and above

INDIVIDUALS

INDIVIDUALS

Barbara Allen, in memory of William R. Dunaway Giancarla and Luciano Berti Bishop Family Foundation Susan and Richard Braddock Jackie and John Bucksbaum The Crown Family Margy and Jerry Eberhardt Marcy and Leo Edelstein Nanette and Jerry E. Finger Lillian Hardy Patricia and Rodes Hart Neil Karbank Gerri Karetsky and Larry Naughton Barbara Bluhm-Kaul and Donald Kaul Cathy and Jonathan Koplovitz

$11,000 and above

Anonymous Charles Balbach Susan Beckerman Rita and Irwin Blitt Deborah and Gabriel Brener Alison Teal and Sam Brown Noel and Tom Congdon Sylvie and Gary Crum Alex Dell Mr. and Mrs. David Dreman/The Dreman Foundation Judith Barnard and Michael Fain Shannon Fairbanks M. Joan Farver Deborah and Richard Felder Foundation Jane and Bill Frazer Ann and Gordon Getty Foundation Harriett and Richard E. Gold Merle C. Chambers and Hugh A. Grant

Mary Farver Griffith Celeste C. and Jack J. Grynberg Ellen and Irv Hockaday Ann F. and Edward R. Hudson, Jr. Mary Ann Hyde Debbie and Richard Jelinek Thomas S. Kenan, III Holly and John Madigan Bettie McGowin Miller David Newberger Mary K. Oxley Foundation Jean and Allen Parelman Fonda and Charles Paterson Pauline Pitt Dorothy and Aaron Podhurst Jeannie and Tom Rutherfoord Arlene and Chester Salomon Gail and Daniel E. Schmidt, IV Helen E. Stone Melani and Rob Walton BUSINESSES

Aspen Public Radio Aspen Square Condominium Hotel Carl’s Pharmacy FIJI Water Frias Properties of Aspen, Chuck Frias & Tim Clark Hotel Jerome The Gant Condominium Association The Little Nell Viceroy Hotels Resorts Residences Snowmass

$7,000 and above

Julie and Doug Ostrover Judith Swift and Dick Osur Cathryn and Victor Palmieri Merbie and Tom Payne Pat and Ed Peterson Catherine and Tom Reagan Lecie and Jack Resneck Myra and Robert Rich Carolyne Roehm and Simon Pinniger Phil Rothblum Sandy and Mark Rothman Judy and Gary Rubin Nancy and Miles Rubin Lois and Tom Sando Gloria Scharlin Danner and Arno Schefler June and Paul Schorr Phyllis and David Scruggs Karen Setterfield and David Muckenhirn Jeannie and John Seybold Lois Siegel The Simms/Mann Family Foundation Shirley and Albert Small Mary and David Solomon/ Goldman Sachs Gives Nancy and Bruce Stevens Gayle and Paul Stoffel Michael Stolper Curt Strand Marcia Strickland Vivian Sweeney Betty J. Weiss Marion W. Weiss Ruth Winter Tamara and Frank Woods Andrea and Marshall Yablon Paula Paepcke Zurcher BUSINESSES

INDIVIDUALS

Penny and Fred Abrams The Abramson Family Foundation Ronald Ager, in memory of Ellie Ager Tracy and Dennis Albers Pamela Alexander The Honorable and Mrs. Stuart Bernstein Sue and Jock Bickert Nancy and Bob Blank Jon Busch Newton Bartley and Eric Calderon Janet F. Clark Martha and Bruce Clinton The Patricia Dedman Family Foundation Pamela nd Chris Denby Eleanore and Domenico De Sole Germaine and Al Dietsch Laura Donnelley Sherri Draper Mary and Paul Fee Anne and Alan Feld, Communities Foundation of Texas Theba and Buster Feldman Honorable Joseph and Alma Gildenhorn Barbara and Gary Goldstein Susanne H. Goldstein, in memory of Edward A. Goldstein Brenda and James Grusecki Marianne and John Gunzler Mr. and Mrs. Kenneth Gutner Sarah and Joel L. Handelman Juliane Heyman Alberta Hogg Phyllis S. Hojel Erica Hartman-Horvitz and Richard Horvitz Dorothy S. Jacobs Dr. Jane Jenkins Linda and Eugene Kalnitsky Harriet Washton and George Kaye Nancy and Don Kempf Lisa See and Richard Kendall Sally and Jim Klingbeil Mimi and Don Leslie Bertel Lewis Judy and Sam Linhart Mary Ralph Lowe Phyllis and Saul Lowitt Dr. and Mrs. R. Joseph Marilley, Jr.

2014 ANNUAL REPORT

Abbot Downing Alpine Bank of Aspen AM Gas Caribou Club, Ltd. Chateau Roaring Fork Condominium Assn.

European Caterers, Ltd. First Republic Bank Fred and Elli Iselin Foundation John P. McBride Family and the ABC Foundation Meridian Jewelers Miners’ Building Mountain Chalet-Aspen Related Westpac Investments, LLC US Bank

$3,500 and above

ASPEN MUSIC FESTIVAL AND SCHOOL

INDIVIDUALS

Anonymous (2) Marilyn and George Baker Janice and Philip Beck Vivian and Norman Belmonte Barbara and Bruce Berger Mark A. Bradley Stephen Brint and Mark Brown Mr. and Mrs. Peyton Bucy Mr.and Mrs. Richard Cantor Patricia and Gustavo Cisneros Camille Cook and Siri Hutcheson Bunni and Paul Copaken Margit and Lloyd Cotsen Claire Dewar Fund of the Dallas Foundation Brian and Susan Dickie Muffy and Andy DiSabatino Marcia and John Donnell Donald G. Drapkin Pamela and Kenneth Dunn

Lee and Mel Eagle Sandy and Paul Edgerley Gail and Richard Elden Debbie and Jerry Epstein The Honorable and Mrs. Melvyn J. Estrin Alan Fletcher and Ron Schiller Mr. and Mrs. Owen O. Freeman, Jr. Barbara and Richard I. Furman Julie Gerson, in memory of Peter Gerson Sissy and George Gibson Sandy and Lee Godfrey Barbara Gold Michael Goldberg Andi and Jim Gordon Arthur Greenberg and Elaine Hoffman Jan and Ronald Greenberg Vinod and Laurel Gupta Julia Hansen Deborah and Larry Hoffman Janet A. and Robert B. Hoffman Shana Johnstone/ Shenandoah Foundation Tina Chen and Marvin Josephson Sally B. Kaplan Sylvia and Dick Kaufman Don Keltner Hyunja and Jeff Kenner Marianne and Richard Kipper Anna-Lisa Klettenberg Meg and Mel Knyper Ann and Tom Korologos Mary Jo and Dick Kovacevich Linda and Gary Krat Ellen and Fred Kucker Katharine and James Kurtz Joe LaDou Nancy and Bart Levin Marianne and Sheldon Lubar Charitable Fund Bette and James MacDonald Patty and Robert Mack Marlene and Fred Malek Nicola and Jeffrey Marcus James Martin Kathy Mayer Nancy and Peter Meinig Meinig Family Foundation Gail and Alec Merriam Diane and Mead Metcalf Robert Prentis Morris and JoAnn Ross Diane Morris Stephanie and Michael Naidoff Ilene and Jeff Nathan Mr. and Mrs. Don H. Nelson Ann and Bill Nitze Nedra and Mark Oren

21

2014 ANNUAL REPORT ASPEN MUSIC FESTIVAL AND SCHOOL

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Anne and Austin Marquis Betty and Jim McManus Ellie and Bob MeyersHarvey B. Levin Charitable Trust Renee and Bruce Michelson Sue Miller Patricia and Robert Miller, in memory of Ken Whiting Nancy Odén Drs. Amy D. Ronner and Michael P. Pacin Essie and Jordon Perlmutter Kathryn and Richard Rabinow Karen and Don Ringsby Marilynn and Charles Rivkin Phyllis and Sidney Rodbell Michael and Debbi Fields Rose Advised Fund at Aspen Comm. Fdtn.

Gary Rosenau Berns-Rothchild Foundation Jessica and Philip Salet Ammanda and Jeff Salzman Clare and Marius Sanger Caryn and Rudi Scheidt, Jr. Lisa and David T. Schiff, The Schiff Foundation Barbara and Gene Schmitt Alece and David Schreiber Irene and Phil Shiekman Evelyn Siegel Judith Cott and Ric Silverberg Audrey Spiegel Billy Stolz Andrea and Lubert Stryer Linda and Dennis Vaughn Sue and Richard Volk Alison and Boniface Zaino BUSINESSES

Asian Cultural Council

bb’s kitchen Clark’s Market Community Banks of Colorado, a division of NBH Bank, N.A. Ernst and Wilma Martens Foundation Fusion Design and Catering Mountain Living Magazine Nina McLemore Pitkin County Dry Goods The Thrift Shop of Aspen Vectra Bank Colorado

$1,750 and above INDIVIDUALS

Jeannette and Tom Anderson Sheryl and Doug Bech Amy Margerum-Berg and Gilchrist Berg Jill and Jay Bernstein Janet and Robert Blaich Irja Brant Deborah and Mark Breen Catherine and Bill Cabaniss Drs. Janet and Henry Claman Inanna Donnelley and Jeffrey Taback and the Gaylord Donnelley Charitable Trust DuBose Family Foundation as requested by Jimmy and Caroll DuBose Caroline W. Duell Merle Dulien Delia Duson Marja Engler Susan and George Fesus Karen and Jim Frank/J.S. Frank Foundation Alex Furlotti Virginia and Gary Gerst

Renie and David Gorsuch Christine Grad, M.D. Robert S. Graham Marilyn and Dean Greenberg Lita Warner Heller Alexander Henkin Linda Vitti and Clancy Joe Herbst Dorene and Frank Herzog Ruth and George Hopfenbeck Elizabeth Katz and Reed Hundt Tom Isaac Cathy and Walter Isaacson Bonnie Levinson and Dr. Donald Kay Martha and Garnett Keith Kathleen and Ken Kliewer Bill Lambert Mollie L. and Garland M. Lasater, Jr. Charitable Fund Bruce Lee for the Rockwood Charitable Trust Jeanne and Richard Levitt Linda Dresner and Ed Levy, Jr. Perry J. Lewis Drs. John J. Lilley and Mary L. Sanfelippo Sylvia and Jaime Liwerant Joyce McGilvray Linda and Gary Nathanson Robert Norris Charitable Foundation/ Donald and Judith Norris Mr. and Mrs. William A. Parker, Jr. Virginia Pearce Christy and Bill Pope Margot and Tom Pritzker Mr. and Mrs. Robert D. Pugh

Ellen Roeser Helen and Marc Rubenstein Paul Rudnick Linda and Jay Sandrich Jan and John Sarpa Lorraine and Mark Schapiro Carole and George Shaw Ellen and Mort Silver Harriet Silverman Michael Silverman Sandy and Stephen Stay Barbara and Bob Sypult William T. Van Lieshout Patricia and Jerome P. Webster Rivka and Seth Weisberg Sallyann Wekstein Mary and Hugh Wise Judith and M. Richard Wyman Zanin Family Foundation Barbara and John Zrno BUSINESSES

Aspen Daily News Aspen Self Storage Warehouses Harriman Construction, Inc. Sashae Floral Arts

$700 and above INDIVIDUALS

Ruth C. Abramson Dr. John E. Amos Shari Applebaum Becky Ayres Helen Badt Cornelia and Nathaniel Bates Caitlin and Ian Blasco Sandra M. Moses and Harvey S. Bodker Patsy and Ron Buckly Shirley Chann, In Memory of Earl Kai Chann Kanako and James Clarke Phyllis M. Coors Mary and John Cronin Dave Danforth Marian Lyeth Davis Terry and Ronny Davis Dudley and Michael Del Balso Elaine and Claiborne Deming Mary Dominick and Sven Coomer Marsha and David Dowler Milton H. Dresner Deborah and James Dunham

Valerie Richter Melanie and Myron Roschko Elaine and Marvin Rosenberg Sarah Broughton and John Rowland Loie and Howard Rudge Jo and Dick Sanders Karen and Nathan Sandler Sally Saunders Alexander Schonwald Kitty P. Sherwin Kathy and Scott Sigler Julie and Brian Simmons Mr. and Mrs. Heinz K. Simon JoAnn C. Skillett Susan Bromberg Skolnick and Robert Skolnick Susanne and Jack Sogard Bill Stirling Austine Stitt Alana Spiwak and Sam Stolbun Norma and Don Stone Freddie and Arthur Stromberg Tamara and Scott Stuart Lucia Swanson Barbara and Bob Sypult Carol and Mack Trapp Mi Hyon and Joaquin ValdepeĂąas Linda and Dennis Vaughn Anne and Frank Vicino Sheila and Jack Weinberg Jo and Howard Weiner Myriam Weinstein Norman Werbner Laura Werlin Robert (Chet) Winchester Bruce H. Wolf, MD BUSINESSES

Ann Korologos Gallery Aspen Sports Medicine, BJ Williams Canyon Road Collection Casa Tua Earth-Wise Horticultural, Inc. Jay’s Valet Land Title Guarantee Company Neil-Garing Insurance Town of Basalt two leaves and a bud tea company

$350 and above INDIVIDUALS

June and Hovik Abramian BJ and Michael Adams Marsha and Bill Adler Joan M. Angotti

IN MEMORIAM It is with sadness we note the passing of former AMFS physician Dr. Alice Brandfonbrener; longtime supporters Matthew Bucksbaum (see more, page 7), Michael Solheim, and Kenneth Whiting; artist-faculty members Stephen Clapp, Philip Frohnmayer, and Deborah Hoffman; and summer staff member Gairt Mauerhoff.

Sue Anschutz-Rodgers Carole and Arnold Bailis Michael Behrendt and Ivan Cassar Phyllis and Sanford Beim Edward C. Berkeley Carol and Mark Berliant Anita and Jim Bineau Judy B. Biondini Rita K. Bloom Dr. Eugene L. Brand Dr. and Mrs. Daniel M. Brener Galen Bright Arlene and Keith Bronstein Laurene B. Brooks Liz and Brooks Bryant Dr. Bonnie Camp Nancy and Richard Carrigan Ellie Caulkins Clarissa H. and Henry T. Chandler Carol and David Clemons Sheila M. Cleworth The Community FoundationMortimer and Josephine Cohen Fund Willow and Bob Connery Roberta Corbett Lucy and Thomas E. Creighton Claire and Wayne Dailey Linda Snyder and James Daniel Alice Davenport Nancy Thomas and Roger Davis Sheryl and Michael DeGenring Lee W. Dorsey Martha Drake Eliza and Johnny Duncan Tean Farr Mynan and Sam Feldman Ellie and Stuart Fine Julia and Michael Fink Linda and Mike Fossier Edmund Frank and Eustacia Su David Frantz F. Charles Froelicher

Jessica Gaston Gabriella and Ramiro Garza Shirley and David Ginzberg Ethel and Bill Gofen Marilyn and Chuck Gold Marcy and Howard Gross Lulie and Gordon Gund Per Hannevold Paula and David Harris Mary Ann and James Harris Brigid and Brian Hazen Connie Heard and Edgar Meyer Stephanie and Kyle Heckman Rosemary Heffley Kristen Henry Casady M. Henry, in memory of Lenore and Felix Pogliano David Hocker Dale and Stephen Hoffman Dr. Leonard Horwitz Tatiana Howell Carlton J. Hunke Hunt Family Foundation Kay and David K. Ingalls Virginia and Richard Irwin Dr. Joseph and Mrs. Cathy Jankovic Susan and Donald Jarzemsky Denise and Erv Jindrich Kathy and Brian Johnson Mary and Curtis Johnson Meg and Ralph Jones Ann and Doug Jones Mary Kay and Ed Joyce Kathy and Richard Kaplan Eva and Peter Kaus Elizabeth and Michael Klump Gloria and Robert Koenig Marilyn and Earl Latterman Judith and Robert Layton Angi Lester Nancy R. Levi Kitty Edwards and Carl Lineberger

ASPEN MUSIC FESTIVAL AND SCHOOL 2014 2014 ANNUAL ANNUAL REPORT REPORT

Bernice and Loyal Durand Pamela and Roy Finkelman Mary Ann Frenzel Charlotte Moss and Barry Friedberg Ricki and Peter Fuchs Donna Genet Elvie and Yale Gieszl Frances and Darby Glenn Karen Goldman, in memory Jerry Goldman Lynda Goldstein Linda and Nelson Gordman Sally and Gilbert Gradinger Heathstone House Maryann and Adrian Gruia Diane Halpryn, in memory Ernest Halpryn Nancy and Robert Hatch Linda and Steven Hill Eveline Hoffman Barbara Reid and David Hyman Liba Icahn Susan A. Ingerman and Arlene Siegelman Mr. and Mrs. Robert M. Ireland Sandy and Charles Israel Kenneth L. Jue Laura and Michael Kaplan Kerma and John Karoly Jackie and Jerry Kehle Lorraine and Bob Kingsbury Carmen and Jeff Kobacker Christa Kohler Ruth Kruger Rose Ann and Michael Leiner Ann C. Levy Margaret and Daniel Loeb Michael and Karyn Lutz Family Foundation Nancy and Robert Magoon Jeannette and Mervyn Mandelbaum Nancy Manderson Margaret and Larry Marsland William Mayer Tita and Dan McCarty Linda McCausland and Peter Nicklin Robbie and John Michelman Bette and Donne Moen Shelah and Marc Moller Paula and Herbert R. Molner Caroline Y. and John Moore Betty Kelly Moore Betty Naster Bert Neirick Jack Nicholson Glenda and Doug Otten Hensley and James Peterson Cyrena and Lee Pondrom

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2014 ANNUAL REPORT ASPEN MUSIC FESTIVAL AND SCHOOL

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Anita and Scott Lupow Ginnie and Tom Maes Evi and Evan Makovsky Peggy and David Marks Roberta McCoy C. Glenn McLoughlin Sally and Bruce McMillen Dr. and Mrs. William Mitchell Beth and Josh Mondry Debbie and Bill Montgomery Eudice and William Morse Jane Moy and Paul Ruid Dr. Stan and Nancy Muenzler Naughton-Nicholson Foundation Ricki and Kerry Newman Jane and Carroll Novicki Beverly and Staman Ogilvie Kyoko and Hiroshi Oguri Baba and Tom Owen Lynda Palevsky Jacqueline and Barry Panter, MD Dr. and Mrs. David S. Pearlman Marjorie Musgrave and Frank S. Peters Bernard R. Phillips Beverly Phillips Joyce and Ken Polse Pamela and James Porter, III Clare and Dr. Charles C. Reel Edie and Donn Resnick Noyes W. Rogers Thomas Rosenbaum and Katherine Faberg David A. Roth Priscilla A. Sadler Michiko Sato Robin and David Savitz Susan and Sheldon Schneider Debra and Dennis Scholl John H. Schwarz Joyce and Charles Shenk Sally Shiekman-Miller Bobbi and Gary Siegel Alicia and Alan Sirkin Rona and Norman Smith Mr. and Mrs. Christopher Sommer Phyllis and Ron Steinhart Freda Gail Stern Ann and Daniel Stern Fund of the Jewish Comm.

Fdtn. of Greater KS City Stephanie Stokes Judith and John Taubman

Anne and Bill Tobey Cathy Toren Dr. Frank C. Marino Foundation, Inc. Christopher Walling Charlotte Wandell Tina and Brian Weiner Janice and Nat Weisler Kent Whinnery Mr. John P. Winandy and Mrs. Helen M. Winandy, in memory of Ken Whiting Phyllis and Richard Yoner BUSINESSES

Aspen Maintenance Supply, Inc. George Draper Construction, Inc. Independence Press, Inc. Jack Wilkie Builder, Inc. National Federation of Music Clubs Rustique

$175 and above INDIVIDUALS

Anonymous Marcella W. Ach Robert C. Anderson Marion and Tom Appelquist Fran and Dr. Dan Arnold Kaycie and Artus Sherwin, in memory of Ken Whiting Nadine Asin and Thomas van Straaten Kathy and Bruce Baker Kristin Balko Joan Balter Carol T. Batchelder Christine S. and Leif C. Beck Daniel Becker Barbara and Karl Becker Susan and Steven Beebe Donna Fisher and Skip Behrhorst Richard Berkshire Carla and R. Stephen Berry Marcia Bishop Lois and Robert Bland, in memory of Anne Farish Frances Freedman Blum and Jon Blum Dorothy Fait and David Borenstein Rochelle Bouchard Harriett and Bob Breihan Hansi Brenninger Berit and Per Brevig Linda and Bob Brining

K. Dane and Carter Brooksher Marian and Buzz Brown Shelley Burke Constance and Douglas Cain Emma Casson Rika and David Charley Caroline Christensen James D. Clark Peter R. Cohn Wini and Jack Colleran Lucy Creighton Toby Ann and Carl Cronin Sue Crowley Carol and Walt Culin Catherine Cussaguet John Czuwak Adelaide and James Davis E. Lee DeGolyer, III Kara Horner and Spencer Denison Ina and Jan Dlouhy Mary Dolan Penny and Charles Donelan Paul Dragoumis Carrie and Ronald Drazin Mary Elizabeth Droste Eliza and Johnny Duncan Nancy S. Dunlap Tracy and Bubba Eggleston Joan and Leonard Eisen Libby and Ken Elbaum Jennifer Engel Nee Finley Ian Fisher Carol and Leo Fishman Donald J. Fleisher Donald G. Fletcher Tom Franks Monica Fried Sandra and Harold Friedman Kelli Gardner Mary and Gib Gardner Lauren Garrity Sara Garton Sally and Alan Gass Susan and Dick Gessner Ingrid A. Gillette Robert Goldstein Ann and Jim Goodman Nell Graham Nanette and Irving Greif, Jr. Mary and Rick Griffin Jane and Allen Grossman Lori Guilander Jody and Robert Gurtler Elise and Allan Hall Sally Greer and David Heil

Nancy B. Heldman Julia Herman Sue and Bob Hess Suzanne and Lawrence Hess Betty and Syd Hodkinson Susanna Hoeppli Liza Hogan Vicki and Thomas Horwich Shael Johnson Mr. and Mrs. Gerald Kaplan Peter Kelley Chris and Gary Kelly Stacey Kelly Meg and Phil Kendall Sylvia Blau and Rabbi Samuel Kenner Dr. Edith W. King and Matthew King Krista Klees Carol Ann and Don Kopf Janet Korenblat Judy Kravitz Stephen LaMar Andrew Lan Sherri and Robert Langley Marian and Leonard Lansburgh Michael Latousek Thomas Latousek Joan and Jeffrey S. Lava DeDe and Moses Lebovits David Y. Lee Geri and Paul Levin Ethel and Allen Levantin Mark Lewis Kristin and Chuck Lohmiller Mikey and Marty Lustberg Julie and Robert MacLean Kristen Maley Nancy and Richard Maltrud Carolyn and Martin Manosevitz Phyllis and Paul Marcus Peggy and David Marks Susan and William Mason Joelle McDonough— Henry Claessens Virginia and William McGehee Mary and Kiefer Mendenhall John Menninger Mary Anne Meyer Trudy Ann Milcan Cynthia Milling Melinda and Morris Mintz Barb and Dick Moebius Deinse Monteleone Tim Mooney Lydia Morrongiello

Diane and Jack Smith Fred G. Smith Julie and Barry Smooke Lorraine and Pat Spector Pat Spitzmiller Barbara Sternberg Dr. and Mrs. Robert Stonerock, Jr. Corey Strahm Stephanie and Arthur

Starwood Home Owners Association Wedum & Assoc. P.C.

$100 and above INDIVIDUALS

Anonymous (2) C. Willis Adams, III

Lotta and Stuart Brafman Kathleen and Howard Brand Adrienne Brandes Joe Brazie Natalie and Alfred Brenner Wendy and Dale Brott Elizabeth Buccheri Brigitte E. and Peter C. Bunevich Robert L. Burns

Artist-faculty member Stephen King teaches a private lesson

BUSINESSES AND FOUNDATIONS

Michael A. Vernon & Co. C.P.A., P.C. Roger I. Moyer—Aspen Painting, Inc.

Sarah C. Brett Smith and Stephen L. Adler Nina Albert Deborah and Joseph Amato Carole and Paul Auvil Joan and Richard Bailey, in memory of Michael Solheim Anne and Thomas Baker Lisa and Joe Bankoff Phoebe Barnard, in memory of Anne Farish Liz Flanagan and Neal Batson Cathrine Blom and Gordon Baym Dr. Barbara Berkman Dr. and Mrs. A. David Bernanke Dr. William J. Bertschy Nancy and David Billings Constance and David Blacher Judy and Brett Blatter Fran and Larry Blum Carol and Morton Blumberg Karen M. Johnson and Steven Blumenkranz Nancy and Evan Boenning Annette and Lacy Boggess Patrick Bory Travis Bourgeois Jonathan Boxer Julia and Merrill Bradley

Allison Byford Tamy and Bob Cadger Elaine and Harris Cahn Sally M. Campbell Michele and Jim Cardamone Paula and Dr. Matthew Carr Jennifer M. Causing Joseph Chalal Lynda and Ronald Charfoos Judd Clarence Jan and Ned Cochran Elise and Richie Cohen Barbara and John Cohn Camille Cook and Siri Hutcheson Barb Bunce and Tom Cooper Emily and Rick Corleto Barbie and Tim Cottrell Linda and Clay Crossland Lisa Dancing-Light Bonnie and Mike Daniels Sandy Simpson and Don Davidson LeaRaye R. DiGiglia Sonnie and Bill Dockser E. Marjorie Dolstra Pamela Toon and John Doremus Susan and James Dubin Kay and Donald Dunton

2014 ANNUAL REPORT

Strasburger Michelle Sullivan Kathy Hansen and Edward Sweeney John C., John S., Katherin T., and Paul S. Melissa J. Temple Shelly and Pete Thigpen MaryAnn Tittle Marie Torreano Margaret F. Walker Deborah Walson Becky and Craig Ward Joyce L. Watson and Martin R. Warshaw Irene Weinrot Emily and Fred Weitz Judy Pratt Welch Nancy and Ed White Hans Widmer Lee and Jim Wockenfuss Edie and George Wombwell King R. Woodward Maureen Stone and Doug Wyatt

ASPEN MUSIC FESTIVAL AND SCHOOL

Bob Murray Lyn and Doug Nehasil Anton Nel Al Nemoff Ricki and Kerry Newman Dianne and Herb Newman Karin Offield Theresa O’Keefe Miriam and Peter Orleans Ruth Owens Peggy and Paul Pace Frank Pajerski Frank Y. Parce Catherine and John R. Pearson Susan and Paul Penn Terry Lee and Bill Perich Joyce and Roger Perry David K. Perry Sara M. Peterson Stephen Pinksy Deborah Prince Gloria and Joe Pryzant Faith and David Rachofsky Janet and Joe Raczak Joe Randall Sue Lavin and Jack Real Ann and Gene Reiling Ellen and Milton Reitman Barbara Riddell Jim Robbins Wilhelmina E. Robertson Susan Ronn Lynn Roos Dr. and Mrs. Reuven Rosen Louisa and James Rudolph Patti and Greg Rulon Wm. E. Russell Mark Salkind Mary Salton Nina and Joshua Saslove Anne Schnader Merle and Dr. Joel Schneider Elyse and Jerry Schostak Dee and Kent Schuler Leah and Billy Schultz George Seifert Susan B. Sheridan Bonnie and Terry Shetler Pamela Shockley-Zalabak Jill Shore and Harry Feldman Dr. and Mrs. William F. Short Robyn Samuels and Bruce Shragg Gloria and Marvin Siegel Nancy C. and Mark Silverman Margaret and Mike Simmons Susan Slaughter Casey Slossberg Evelyn Chen and Brinton Smith Sandra Smith

25

2014 ANNUAL REPORT ASPEN MUSIC FESTIVAL AND SCHOOL

26

Mr. and Mrs. Aaron Edelstein Charlene and Pierre Eilian Jan and Norty Eisenberg Lucy and Dan Ellerhorst Julie Ellis Nancy Elmswiller Nancy and Mike Estrada Sylvia and George Falk Patti and Joe Farago Margie and Larry Feinberg Dr. Kathleen W. McGinnissFeinzig and Mr. Herbert Feinzig Gary Feldman Amy Feldman Richard Finkelstein Margot Fleck, in memory of Bert Maxon Johnryan Flynn Linda and Mike Fossier Drs. Barbara and Len Frank Vanessa Freeman Dorothy Frommer Haley Fucci Jody and David Gardner Barbara Gilmore Joyce L. Ginsberg Betsy Schwarm and Rick Glesner DeeDee and Herb Glimcher David V. Gollon Meg Goodman Sue Goott Sylvia and Marvin Gordon Marlene and Dennis Grant Betty and Bernard Greenwald Dean Gresk Sue Anne Griffith Sandy and Darryl Grosjean Terry Hale Randi and Ed Halsel Roslyn Harkavy Steve Harriage Judi and Wayne Harris Fran and Leroy Harvey Vera Haubensak Rosalie Heller Judith B. Herman Anne W. Hetlage Susan and Chuck Hiller Cindy and Bill Hippel Elizabeth Hirsch Sharon Hoffman Shirley Holst, in memory of Jack Holst Paul W. Husted Mr. and Mrs. Frank R. Isenhart, Jr. Ms. Martie A. Moreno and Dr. Roger L. Johnson

Suellen and Larry Kadis Gus Kadota Tracy and Brian Kapiloff Karen and Michael Kaplan Maria Kernahan Craig Kioski Roberta and Mel Klein Kathryn and John Koch Helen and Kurt Kornreich Mark Kwiecienski Doris La Mar Pat Lampton Carole and Gary Lazar Jay Leavitt Lynne and Dan Levinson Stephanie Lewis William J. Lippman Alexis Loeb, in honor of Nadine Asin Jennifer and Greg Long Jeri and Ron Loser Mr. and Mrs. H. Montgomery Loud Albert Loushin Gatsby and Tricia Louthis Traudl and Chuck Lyons Jocelyn S. Malkin, M.D. Jen Marcum James Marcus Carrie Marsh Julia Marshall/Mt. Daly Enterprises Bruce M. McIntyre Paula Lehr and Art Mears Martha Mecom Melinda Medlin Mr. and Mrs. Jacob Mehl Linda and Jerome Meister Bill and Dianne Mensch Foundation Christian Messner Suzanne and Taber Meyers Wendy and Don Milliman Gayle B. Morgan Leah and Bill Moriarty Stephen D. Morton Peter Muncie Margaret S. Nagengast Drs. Sarah and Harold Nelson Lucy and Gary Nichols Winifred and George Norman Patricia and Hiram Nowlan Raymond Ollett Darlene and Albert Oosterhof Judith Parkinson, in memory of Scott Parkinson Jerrold J. Parrish, MD Ginny Car-Skaden Passoth

Jan and Jim Patterson Sandra and Fred Peirce Forest O. Peneton Hon. Vicki Reynolds Pepper and Murray Pepper Bryan Peterson Lynn E. Pierce Susan Plummer Kellen Porter Sally and Dale Potvin Anne Powell-Riley Amanda and Kirk Prichard Alice Prior Wanda Wray Putnam Ewald Rainer Lynette Richardson Kay Richter and Stephen Buchmann Felicitas H. Ritrosky, MD SRJ (and PLJ) in honor of DWR Thorn C. Roberts Mr. and Mrs. E.B. Robinson, Jr. Mark Ronay Adam Rothberg Jo Anne and Dick Rubinoff Paul Rudnick Suzanne Barber Ryan Judith C. Schalit Marion A. Scharffenberger Lori Schiff Donald Schiff Lyn Rosensweig and Bruce Schnelwar Judith J. Schramm Debbie and Lenny Schreier Debra and Gerald Schwartz Stephanie and Russell Schwartzreich Reina and Alberto C. Serrano Layne Shae Nancy and Philip Shalen Carla J. Shatz Mary Ellen Sheridan Carolyn and Dick Shohet Ruth L. Shuman Patricia and Robert Silverman Jo Ann and Samuel Silverstein Sandra and Charles Simon Donna and Dr. Jerry Simon Mr. and Mrs. Richard W. Simpson, lll Heather Sinclair Elaine Douvas and Robert Sirinek Michael Slishinsky, in memory of Kenneth Whiting Stanley Sloss

Sandy Smith Dawnette Smith Dr. and Mrs. Charles C. Smith Bernice Snow Chris Souki Sally Spindel Randal Stahl Robert Starodoj Michael Steiner Ella Sternberg Diane Stewart Pat and Tom Stocker Dr. and Mrs. Barry S. Strauch Dolores Stutsman Joyce and Ben Swartz K. M. Tafejian John Tawgin Mimi C. Teschner Dottie and Sandy Thomson Charlotte and Dale Toetz Ruth and Warren Toltz Karen Toth Glynn B. Tucker Tara Turner Mickey and David Unger Sandra, Stephen, Max, Jonathan, Lindsay, Andrew, and Mara Vinnik, in memory of Irwin Edward Vinnik, MD Julian Vogt Carol and Hulse Wagner Mary Ann and Ted Wallace Wilson Wampler Donna and Tom Ward Hanna M. Warren Jane Wasson Cary and David Welsh Joan and Jim White Marj and Bill Wise Rotraut and Reinhard Wolter Melinda and John Wright Jay Wright Elilza Yeager Robert Zupancis BUSINESSES

Appraisal Office Aspen, Ltd. Aspen Animal Hospital Aspen Graphic Solutions, Inc. Austin, Peirce & Smith, P.C. Bethel Party Rentals Dixie Dog Ventures, LLC Lyn Segal Fine Art, Ltd. Network for Good Skin Therapy Clinic— Sherry Achi

REVENUE AND EXPENSES In 2014, the AMFS successfully exceeded our revenue projections by $475,000. While all areas were strong, contributions were 3 percent over budget and ticket sales were 4 percent over budget. We used these excess funds to invest in new marketing projects, purchase a new Steinway concert grand piano, and add funds to our Board-designated endowment.

STUDENT ENROLLMENT

TICKET SALES

Student enrollment was at 626 in 2014 on a budget of 634. While enrollment was relatively flat to 2013, our goals remain focused on quality. With increased scholarship funds and improved admissions procedures, we continue to improve the talent level of our student body. We also managed to achieve almost full utilization of our student dormitories, which strengthens our financial model significantly.

The artistic theme of the 2014 festival was “The New Romantics.” This programming focus was very popular with audiences and ticket sales were $150,000 higher than 2013. The number of single tickets sold for our Sunday afternoon Aspen Festival Orchestra concerts met 2008 levels.

DEVELOPMENT

In 2014, we saw increased contributions from Board, National Council, and individuals by $200,811 or 8.34 percent over 2013. Our season benefit was successful both financially and in execution. Our patrons enjoyed the event, which featured Aspen Opera Theater Center students in a variety of small, intimate performances.

All of our special benefits netted $734,000, which was an 8.5 percent increase over 2013.

INVESTMENT INCOME

The AMFS’s endowment policy is to draw 5 percent of a 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 8.1 percent for fiscal year 2014 to end at a balance of $62.4 million. In the past fifteen years, the AMFS’s average annual return was 8.2 percent as compared to the S&P average annual return of 4.9 percent. For both the one- and the fifteen-year period, the AMFS’s return was achieved with significantly lower standard deviation as compared to the broader S&P 500.

REVENUE

1.2 PERCENT

EXPENSES Programs 1.3 PERCENT

Investment income 17.9 PERCENT

Marketing 4.2 PERCENT

Student fees 26.4 PERCENT

Management and general costs 15.1 PERCENT

Cost of sales/other earned income

Student assistance and other school costs 25.4 PERCENT

3 PERCENT

Program service compensation

10.1 PERCENT

8.4 PERCENT

40.5 PERCENT

Faculty compensation Administrative compensation

15.9 PERCENT

23.3 PERCENT

Other earned income 3.8 PERCENT

Guest artist compensation 3.4 PERCENT

2014 ANNUAL REPORT

Development (operating)

Ticket sales

ASPEN MUSIC FESTIVAL AND SCHOOL

Other income

27

REVENUE AND EXPENSES ASPEN MUSIC FESTIVAL AND SCHOOL STATEMENT OF REVENUE AND EXPENSES

As of September 30, 2014

REVENUE Student fees Ticket sales Other earned income Development (operating) Investment income Other income

ASPEN MUSIC FESTIVAL AND SCHOOL

2014 ANNUAL REPORT

TOTAL REVENUE

28

EXPENSES Student assistance and other school costs: Student assistance Other school costs TOTAL Faculty compensation: Base Travel Housing Shares, classes, coachings TOTAL Guest artist compensation Administrative compensation Program service compensation Cost of sales/other earned income Marketing Programs Management and general costs TOTAL EXPENSES NET FROM OPERATIONS Capital Improvements - Unfunded Bucksbaum capital contribution Transfer of staff salaries to capital campaign and project budgets Contingency NET REVENUE

Variance of Actual to Budget

2014 Actual

2014 Budget

2013 Actual

$3,904,415

$3,850,700

$53,715

$3,772,767

1,486,447

1,455,000

31,447

1,371,402

568,748

528,700

40,048

487,782

5,989,617

5,672,300

317,317

5,422,884

2,644,403

2,620,900

23,503

2,570,161

181,083

173,000

8,083

166,000

14,774,712

14,300,600

474,112

13,790,996

2,394,703

2,386,200

8,503

2,177,091

1,334,165

1,338,800

(4,635)

1,390,352

3,728,868

3,725,000

3,868

3,567,443

1,584,356

1,615,000

(30,644)

1,572,883

35,357

26,500

8,857

31,856

661,157

675,200

(14,043)

641,905

52,975

52,500

475

49,075

2,333,846

2,369,200

(35,354)

2,295,719

501,340

575,250

(73,910)

499,086

3,430,758

3,339,000

91,758

3,223,445

1,229,274

1,237,900

(8,626)

1,176,870

435,044

394,100

40,944

307,607

620,643

537,700

82,943

407,365

198,255

189,800

8,455

265,100

2,216,524

1,987,550

228,974

2,079,931

14,694,552

14,355,500

339,052

13,822,567

80,160

(54,900)

135,060

(31,571)

(120,920)

(44,959) 191,906

(120,920) (25,000)

(25,000)

196,941

180,000

16,941

(100,000)

100,000

$100

$131,081

$131,181

$115,377

225 MUSIC SCHOOL ROAD • ASPEN, CO 81611

Conductor Jane Glover and AMFS student Sarina Zhang