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CIM BALANCES BUDGET FOR THIRTEENTH YEAR IN A ROW
Recent Award Winners
CIM Receives 4-Star Rating from Charity Navigator for Third Consecutive Year
Annual Economic Impact $90 Million
Cleveland Institute of Music Offers Free Listening Guide to Help Find Solace in the Power of Music
CIM held its annual meeting July 17, 2008. Board chair A. Malachi Mixon, III presided over the meeting.
Mr. Mixon announced that CIM has balanced its budget for the thirteenth year in a row. During the 2007-2008 fiscal year, $1,275,946 was raised for CIM's Annual Fund. Mr. Mixon thanked the many individuals, corporations and foundations that provided operating support.
Other funds raised in the 2007-2008 fiscal year included:
- $220,970 in board-designated funds
- $125,973 for programmatic initiatives, including $14,973 from the Kulas Foundation for purchasing 25 complete Saturday subscriptions to The Cleveland Orchestra for students and $25,000 from Key Foundation to support the delivery of math- and science-based Distance Learning courses to K-12 classrooms throughout the state of Ohio and across the nation
- $161,577 in endowment funds, including gifts for the Linda and David Cerone Scholarship Endowment in Violin, the Frances E. Sykora Fund Chamber Music Outreach Performance Fund and the D. Robert Barber Scholarship Fund
In addition to funds raised, CIM had an exciting 2007-2008, with the completion of the Institute's $40 million expansion project and the announcement of new president Joel Smirnoff.
In April 2008, it was announced that Mr. Smirnoff, first violinist of the Juilliard String Quartet and chair of the violin department at The Juilliard School, had been appointed president of CIM, effective July 1, 2008. His appointment followed a national search process that began in October 2006, when David Cerone announced his pending retirement. Mr. Smirnoff also served as head of string studies at the Tanglewood Music Center during the late 1990s and has been on the faculty of Tanglewood since 1983. He has served on the juries of the Naumburg and Indianapolis Violin Competitions, is a jazz musician and pursues an active career as a conductor, both in the U.S. and abroad.
A celebration of the completion of CIM's expansion took place November 10 and 11, 2007. Fanfare for a New Era included a concert, brunch, opening ceremonies and an open house complete with music, panel discussions and tours. Mixon Hall, the centerpiece of the expansion, was named in honor of Barbara and A. Malachi Mixon, III. The new hall sets the stage as a performance space for the 21st century. It is a state-of-the-art, 250-seat venue designed for solo recitals and chamber music. CIM's project acoustician was Paul Scarbrough of Akustiks, who also designed the acoustics of the Severance Hall renovation. To enhance the concertgoing experience, project design architect Charles T. Young, principal of Charles T. Young Architects, created a 43-foot wall of glass behind the stage through which the audience can watch the seasons unfold. A private music garden graces the outdoor setting. The expansion also includes the Fred A. Lennon Education Building, with state-of-the-art technology for Distance Learning, Audio Recording and Electronic Music Production. The building brings together technology and music to train the next generation of classical musicians and expand the reach of CIM's programs in the community, around the state and across the globe.
The Annual Meeting also included the re-election of current board members and officers for the 2008-2009 fiscal year. It was announced that Stanley Proctor has been appointed as honorary trustee. Additionally, Rosemary Deioma and James Robenalt are the newest members of CIM's Board of Trustees.
Rosemary Deioma has been a member of the CIM Women's Committee since 1994 and served as president of the Women's Committee from 2005-2007. She was music director at St. Joan of Arc from 1990-1995. A 1990 graduate of Ursuline College with a Bachelor of Arts degree in music, she also serves as a member of the board for the Friends of Apollo's Fire, the Cleveland Baroque Orchestra and is a member of the Women&339;s Council of the Cleveland Museum of Art, the Music and Drama Club of Cleveland and the Intown Club and St. Joan of Arc parish in Chagrin Falls.
James Robenalt is a partner with the Thompson Hine law firm, specializing in business litigation. He has been named one of America's leading lawyers in the Chambers USA Guide to America's Leading Business Lawyers. Mr. Robenalt has consistently been listed in the Best Lawyers in America and has been selected as an Ohio Super Lawyer through the independent research of Law & Politics, which generally consists of the top five percent of attorneys in the state. He received an A.B. degree from Miami University, was Phi Beta Kappa, and received a law degree from The Ohio State University (Order of the Coif). Mr. Robenalt is also an accomplished author, writing about historical political figures.
The evening also served as a celebration of the 23 years of exceptional leadership and accomplishments of outgoing CIM president David Cerone and his wife Linda Cerone. A reception was held on CIM's terrace and garden; dinner was served in the Pogue Lobby and a concert in Mixon Hall featured former Cerone students who returned to CIM to perform in their honor. Proceeds benefit the Linda and David Cerone Scholarship Endowment, to be presented to a deserving violin student. Mr. and Mrs. Cerone will remain on the CIM violin faculty.
For more information, call (216) 791-5000.
Two CIM students have recently been awarded top prizes in major international competitions.
Chad Hoopes, violin student of David Cerone and David Russell in the Junior Young Artist Program, won first prize in the junior division of the Yehudi Menuhin International Competition for Young Violinists in Cardiff, Wales. First prize in the senior division went to Ray Chen, who has studied with Mr. Cerone at the ENCORE School for Strings.
Ching-Yun Hu, Artist Diploma piano student of Sergei Babayan, tied for second prize at the 12th Arthur Rubinstein International Piano Master Competition in Tel Aviv (no first prize was awarded).
CIM has received the highest rating from Charity Navigator, for its ability to efficiently manage and grow its finances, for the third consecutive year.
Two factors are considered during the rating process: industry standards and actual performance. Less than a quarter of the charities rated by Charity Navigator have received its highest rating.
CIM's rating can be found at http://www.charitynavigator.org. For more information, please contact CIM Development Director Richard Buffett at 216-795-3196.
A recent study by Impact Economics found CIM to have a total economic impact in Ohio of $90 million per year. In attracting gifted students, master educators and audiences from around the world, CIM was found to have a remarkable impact in the music world and an ongoing sustainable economic impact in the State of Ohio.
CIM contributes to the economic output of the State of Ohio in several ways. CIMs operating revenues are derived from sources throughout the world, and CIM operating spending is conducted in Ohio. Many CIM Alumni begin their careers or spend their entire career in Ohio, adding to the economic output of the state. CIM Conservatory students rent apartments, purchase household goods and services, socialize in restaurants, and work in local orchestras. Preparatory and Continuing Education students, primarily from Ohio, purchase instruments and visit museums and restaurants during and after their lessons each week. CIM attracts over 47,000 visitors to University Circle each year to attend concerts, take special education classes, attend graduation ceremonies, and audition for employment opportunities. These visitors have an economic impact as they travel, stay in hotels, rent cars, visit restaurants, go shopping, and attend other concerts in the region.
The study found that CIM attracts highly talented individuals from all over the world, and many stay in the area after graduation. Only 4% of the incoming Conservatory students are from Cuyahoga County. Among all students graduating from CIM over the last three years, 26% of these students chose to remain in the State of Ohio, and 22% of the total graduates were living and working in Cuyahoga County.
Based on surveys conducted with the alumni of CIM, over 94% of the alumni based in Ohio are working in the music field. (For example, one-third of the members of The Cleveland Orchestra are CIM alumni.) Other alumni work primarily as educators university professors, school-based music teachers, and private lesson instructors. On average, the alumni living in Ohio are earning salaries of $41,250, representing a high quality Ohio job.
The Plain Dealer featured an article on the Economic Impact Study in the May 15th edition. To view the report, click here.
If music can provide a healing path amidst the chaos of recent months, now more than ever, it may be time to seek out its restorative power.
That's why Cleveland's leading international conservatory has compiled a free listening guide of music that the Cleveland Institute of Music (CIM) faculty, many of whom are members of the Cleveland Orchestra, turn to for comfort and inspiration.
The guide is available for download from CIM's website (Listening Guide), or by calling (216)791-5000 for a free copy.
The Cleveland Institute of Music is a leading international conservatory that is distinguished by an exceptional degree of collaboration between students and teachers. This same stimulating environment extends to the Institute's community education programs, which help people of all ages realize their musical potential.
This brochure, featuring some 120 recommended selections, ranges from orchestral/concertos to piano, vocal, solo and chamber music selected by CIM faculty and students. Some of the suggestions were frequently recommended, such as the Beethoven Ninth Symphony, the Mozart Requiem, Bach's Goldberg Variations and the Cello Quintet, D. 956 by Schubert. The Guide provides a boost to gift giving for all those musically-minded individuals on your list.
"At CIM, we are hugging our music more closely these days," says David Cerone, President. "Because we believe that music can help us cope in these troubled times and in the future, we wanted to share our selections with people around the country and around the world."
The mission of The Cleveland Institute of Music (CIM), since its founding in 1920, has been to provide its students with a professional, world-class education in the art of music. As a top tier conservatory, CIM's student body is international in its composition: 25% from other countries, 50% from other U.S. states, and 25% from Ohio.
More than 3000 talented students have graduated in the Bachelors, Masters, Artist Diploma, Artist Certificate, Professional Studies and Doctoral programs. 80% of The Institute's alumni perform in major national and international orchestras and opera companies and hold prominent teaching positions around the world.
The Institute participates in a Joint Music Program with Case Western Reserve University which allows college students to take advantage of an outstanding liberal arts education. A close relationship with The Cleveland Orchestra is maintained with thirty-four members of The Orchestra serving on the CIM faculty. Thirty-three CIM alumni currently hold positions with The Orchestra.
"Perhaps it is music that will save the world." - Pablo Casals
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