TY 2021 Form 990PF

Part I	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books	(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)
	1	Contributions, gifts, grants, etc., received (attach schedule)	40,288,420
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	1,237,079	1,237,079	1,237,079
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,724,023
b	Gross sales price for all assets on line 6a 16,558,364
7	Capital gain net income (from Part IV, line 2)...		1,724,023
8	Net short-term capital gain.........			700,227
9	Income modifications...........
10a	Gross sales less returns and allowances	898,077
b	Less: Cost of goods sold....	421,883
c	Gross profit or (loss) (attach schedule).....		476,194		476,194
11	Other income (attach schedule).......		3,857,489	0	3,857,489
12	Total. Add lines 1 through 11........	47,583,205	2,961,102	6,270,989
	13	Compensation of officers, directors, trustees, etc.	408,947	0	0	408,947
14	Other employee salaries and wages......	4,251,424	0	0	4,225,433
15	Pension plans, employee benefits.......	554,565	0	0	525,465
16a	Legal fees (attach schedule).........		42,756	0	0	42,756
b	Accounting fees (attach schedule).......		57,381	0	0	57,381
c	Other professional fees (attach schedule)....		448,629	296,052	0	134,802
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		317,970	0	0	317,970
19	Depreciation (attach schedule) and depletion...		4,388,959	0	4,388,959
20	Occupancy..............	1,562,123	0	0	1,555,064
21	Travel, conferences, and meetings.......	25,905	0	0	30,905
22	Printing and publications..........	135,140	0	0	135,140
23	Other expenses (attach schedule).......		3,079,649	0	0	3,061,486
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	15,273,448	296,052	4,388,959	10,495,349
25	Contributions, gifts, grants paid.......	5,000			5,000
26	Total expenses and disbursements. Add lines 24 and 25	15,278,448	296,052	4,388,959	10,500,349
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	32,304,757
b	Net investment income (if negative, enter -0-)		2,665,050
c	Adjusted net income (if negative, enter -0-)...			1,882,030

Part II	Balance Sheets	Attached schedules and amounts in the description column should be for end-of-year amounts only. (See instructions.)	Beginning of year	End of year
	1	Cash—non-interest-bearing.............	1,641,531	5,374,787	5,374,787
2	Savings and temporary cash investments.........	10,130,661	10,126,290	10,126,290
3	Accounts receivable 1,677
	Less: allowance for doubtful accounts	62,186	1,677	1,677
4	Pledges receivable 1,347,622
	Less: allowance for doubtful accounts	508,099	1,347,622	1,347,622
5	Grants receivable.................
6	Receivables due from officers, directors, trustees, and other
	disqualified persons (attach schedule) (see instructions).....
7	Other notes and loans receivable (attach schedule)
	Less: allowance for doubtful accounts
8	Inventories for sale or use..............	397,141	358,440	358,440
9	Prepaid expenses and deferred charges..........	308,538	236,584	236,584
10a	Investments—U.S. and state government obligations (attach schedule)
b	Investments—corporate stock (attach schedule).......	23,537,335	60,392,185	60,392,185
c	Investments—corporate bonds (attach schedule).......	12,975,670	14,381,104	14,381,104
11	Investments—land, buildings, and equipment: basis
	Less: accumulated depreciation (attach schedule)
12	Investments—mortgage loans.............
13	Investments—other (attach schedule)..........	5,119,474	5,357,110	5,357,110
14	Land, buildings, and equipment: basis 132,535,410
	Less: accumulated depreciation (attach schedule) 63,998,655	72,257,116	68,536,755	68,536,755
15	Other assets (describe )	854,906	854,753	854,753
16	Total assets (to be completed by all filers—see the
	instructions. Also, see page 1, item I)	127,792,657	166,967,307	166,967,307
	17	Accounts payable and accrued expenses..........	449,062	469,406
18	Grants payable.................
19	Deferred revenue.................	252,623	485,138
20	Loans from officers, directors, trustees, and other disqualified persons
21	Mortgages and other notes payable (attach schedule)......
22	Other liabilities (describe )	212,551	233,129
23	Total liabilities (add lines 17 through 22).........	914,236	1,187,673
		Foundations that follow FASB ASC 958, check here
	and complete lines 24, 25, 29 and 30.
24	Net assets without donor restrictions...........	76,914,334	77,979,318
25	Net assets with donor restrictions............	49,964,087	87,800,316
	Foundations that do not follow FASB ASC 958, check here
	and complete lines 26 through 30.
26	Capital stock, trust principal, or current funds........
27	Paid-in or capital surplus, or land, bldg., and equipment fund
28	Retained earnings, accumulated income, endowment, or other funds
29	Total net assets or fund balances (see instructions).....	126,878,421	165,779,634
30	Total liabilities and net assets/fund balances (see instructions).	127,792,657	166,967,307

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7		2	1,724,023
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................	3	700,227

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	37,044
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	37,044
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............	7	0
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.	8	193
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......	9	37,237
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
APRIL A SALOMON	EXECUTIVE DIRECTOR 40.00	258,750	26,226	0
4725 E MAYO BLVD PHOENIX,AZ85050
CRAIG D CULY	TREASURER/CFO 40.00	102,500	21,471	0
4725 E MAYO BLVD PHOENIX,AZ85050
JUSTIN KARIM	DIRECTOR 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
JUDITH PELHAM	DIRECTOR 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
RICHARD D BURNS	DIRECTOR 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
ROBERT G WESTON	VICE CHAIRMAN 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
GARY TOBEY	DIRECTOR 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
ROBERT MCMAHON	DIRECTOR 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
MICHAEL R FRANCIS	DIRECTOR 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
MATTHEW P FEENEY	DIRECTOR 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
JOHN D'ADDARIO JR	DIRECTOR 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
WENDY BREUDER	DIRECTOR 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
ERIC J BIEBER	DIRECTOR 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
GAIL DORN	SECRETARY 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
RICHARD BURKE	VICE CHAIRMAN 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
MARC LEO FELIX	DIRECTOR 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
ROBERT E SMITH	DIRECTOR 1.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403
ROBERT J ULRICH	CHAIRMAN 30.00	0	0	0
84 SOUTH TENTH ST 450 MINNEAPOLIS,MN55403


MANUEL JORDAN	DEPUTY DIRECTOR AND 40.00	190,500	14,628	0
4725 E MAYO BLVD PHOENIX,AZ85050
LACEY HAUSER	RETAIL MANAGER 40.00	97,500	26,406	0
4725 E MAYO BLVD PHOENIX,AZ85050
DAVID WILBUR	IT MANAGER 40.00	86,890	25,256	0
4725 E MAYO BLVD PHOENIX,AZ85050
KATHARINE RUNYAN	CREATIVE DIRECTOR 40.00	87,810	23,507	0
4725 E MAYO BLVD PHOENIX,AZ85050
BRIAN P DREDLA	DIRECTOR OF EDUCATIO 40.00	96,500	11,422	0
4725 E MAYO BLVD PHOENIX,AZ85050
Total number of other employees paid over $50,000...................	47


SENNHEISER ELECTRONIC CORPORATION	TECH R & D	455,820
PO BOX 416611 BOSTON,MA022416611
OPENWORKS	JANITORIAL SERVICES	297,996
PO BOX 29088 PHOENIX,AZ85038
ALLIED UNIVERSAL SECURITY SERVICES	SECURITY PERSONNEL SERVICES	114,544
PO BOX 31001-2374 PASADENA,CA91110
ROBERT GENEREUX	TECH SUPPORT	99,893
1119 48TH AVENUE MONTREAL,QUEBECH1A2Y3 CA
PRISMA GRAPHIC CORPORATION	PRINTING SERVICES	84,785
PO BOX 933047 ATLANTA,GA311933047

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years	(e) Total
(a) 2021	(b) 2020	(c) 2019	(d) 2018
1,882,030	0	2,031,287	1,599,988	5,513,305
b 85% (0.85) of line 2a .........	1,599,726	0	1,726,594	1,359,990	4,686,309
c Qualifying distributions from Part XI, line 4 for each year listed .....	10,500,349	10,511,824	13,251,350	12,738,311	47,001,834
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........	0	0	0	0	0
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	10,500,349	10,511,824	13,251,350	12,738,311	47,001,834
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......					0
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)					0
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..	2,493,469	1,424,663	1,354,191	1,095,431	6,367,754
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

3 Grants and Contributions Paid During the Year or Approved for Future Payment
aPaid during the year
CHANDLER UNIFIED SCHOOL DISTRICT 1525 W FRYE RD CHANDLER,AZ852246178		GOV	TRANSPORTATION STIPEND	1,100
GLENDALE ELEMENTARY SCHOOL 7301 N 58TH AVE GLENDALE,AZ85301		GOV	TRANSPORTATION STIPEND	1,200
MESA PUBLIC SCHOOLS 63 EAST MAIN STREET MESA,AZ85201		GOV	TRANSPORTATION STIPEND	1,200
PARADISE VALLEY UNIFIED SCHOOL DISTRICT 15002 N PHOENIX,AZ85050		GOV	TRANSPORTATION STIPEND	1,000
PHOENIX UNION HIGH SCHOOL DISTRICT 4525 N CENTRAL AVENUE PHOENIX,AZ85012		GOV	TRANSPORTATION STIPEND	500
Total ................................. 3a	5,000

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Name of the organization

MUSICAL INSTRUMENT MUSEUM

Employer identification number

16-1743588

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2021)

Schedule B (Form 990) (2021) Page 2

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
1	ALAN TUFT 7354 E SAN MIGUEL SCOTTSDALE, AZ85250	$ 7,500		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
2	BARRY SCHNUR 5035 E WAGONER RD SCOTTSDALE, AZ85254	$ 5,040		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
3	BART MOSER 4725 E MAYO BLVD PHOENIX, AZ85050	$ 5,100		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
4	BRUCE ULRICH 4725 E MAYO BLVD PHOENIX, AZ85050	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
5	CATHLEEN WALKER 30600 N PIMA RD UNIT 60 SCOTTSDALE, AZ85266	$ 5,253		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
6	EUNICE FEINBERG 14850 E GRANDVIEW DR 240 FOUNTAIN HILLS, AZ85268	$ 6,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
7	GAIL BUUCK 8800 DEER RIDGE LN BLOOMINGTON, MN554381519	$ 7,500		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
8	JW KIECKHEFER FOUNDATION PO BOX 1151 PRESCOTT, AZ86302	$ 10,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
9	JAN WOOD 11788 N 80TH PL SCOTTSDALE, AZ85260	$ 7,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
10	JEAN ANDINO 651 N CORDOBA AVE CHANDLER, AZ85226	$ 5,050		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
11	JEFFREY HEIMER 3412 E STANFORD DR PARADISE VALLEY, AZ85253	$ 7,630		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
12	JIM WIDLAND 2423 W CORRAL RD PHOENIX, AZ85041	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
13	JUSTIN KARIM 4725 E MAYO BLVD PHOENIX, AZ85050	$ 5,150		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
14	KEITH OTSUKA 38065 N CAVE CREEK RD 49 CAVE CREEK, AZ85331	$ 5,522		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
15	KEVIN RHEIN 3443 OAKTON DR MINNETONKA, MN55305	$ 5,150		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
16	LOIS ROGERS 6214 N PARADISE VIEW DR PARADISE VALLEY, AZ85253	$ 7,500		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
17	MELANIE SEARLE 5133 E EXETER BLVD PHOENIX, AZ85018	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
18	MELVIN SORENSEN 2603 E RIM CLUB DR PAYSON, AZ85541	$ 6,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
19	ROBERT LEVITAN 30600 N PIMA RD UNIT 46 SCOTTSDALE, AZ85266	$ 5,020		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
20	RONALD TUREK PO BOX 8084 RENO, NV89507	$ 10,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
21	SANDRA WERNER 4555 E MAYO BLVD UNIT 30101 PHOENIX, AZ85050	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
22	STEVEN ASHBY 7500 E MCCORMICK PKWY UNIT 45 SCOTTSDALE, AZ85258	$ 6,500		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
23	TODD BLACKWELL 4725 E MAYO BLVD PHOENIX, AZ85050	$ 6,665		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
24	TOM HARVEY 8109 E DEL TIMBRE DR SCOTTSDALE, AZ85258	$ 5,650		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
25	AMAZONCOM 14667 W DESERT FLOWER DR GOODYEAR, AZ85395	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
26	AMERICAN ENDOWMENT FOUNDATION 1521 GEORGETOWN ROAD SUITE 104 HUDSON, OH44236	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
27	AMERICAN ONLINE GIVING FOUNDATION PO BOX 1010 SAFETY HARBOR, FL34695	$ 6,581		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
28	APS 400 N 5TH ST PHOENIX, AZ85004	$ 30,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
29	ARIZONA COMMISSION ON THE ARTS 417 WEST ROOSEVELT STREET PHOENIX, AZ850031326	$ 29,436		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
30	ARIZONA COMMUNITY FOUNDATION 2201 E CAMELBACK ROAD SUITE 405B PHOENIX, AZ85016	$ 35,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
31	ARIZONA OFFICE OF TOURISM 1110 W WASHINGTON STE 155 PHOENIX, AZ85007	$ 75,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
32	BIRNSTENGEL EQUIPMENT 6100 OLSON MEMORIAL HWY GOLDEN VALLEY, MN55422	$ 20,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
33	BOB WESTON 4725 E MAYO BLVD PHOENIX, AZ85050	$ 28,216		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
34	BURKE FAMILY FOUNDATION 7114 E STETSON DR 400 SCOTTSDALE, AZ85251	$ 100,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
35	BUUCK FAMILY FOUNDATION 8800 DEER RIDGE LN BLOOMINGTON, MN554381519	$ 7,500		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
36	CAROL RUSSELL 3104 E CAMELBACK RD 1006 PHOENIX, AZ85016	$ 27,600		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
37	CHRISTINE LINDLEY 200 W PORTLAND ST UNIT 712 PHOENIX, AZ85003	$ 10,826		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
38	CKKO FOUNDATION 10107 E CINDER CONE TRL SCOTTSDALE, AZ85262	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
39	CLIFFORD JONES 11428 E SALERO DR SCOTTSDALE, AZ85262	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
40	CURTIS ULRICH 9700 63RD AVE N SUITE 290 MAPLE GROVE, MN55369	$ 1,000,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
41	DOUGLAS SCOVANNER 809 LONGBOAT CLUB RD LONGBOAT KEY, FL34228	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
42	E AND B E PRIVATE FOUNDATION 9290 E THOMPSON PEAK PKWY 480 SCOTTSDALE, AZ85255	$ 6,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
43	EILEEN DUBROFF 9616 E AW TILLINGHAST RD SCOTTSDALE, AZ852622972	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
44	ERIC BIEBER 4725 E MAYO BLVD PHOENIX, AZ85050	$ 25,500		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
45	FIDELITY BROKERAGE SERVICES LLC 15445 N SCOTTSDALE RD SCOTTSDALE, AZ85254	$ 17,750		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
46	FIDELITY CHARITABLE GIFT FUND PO BOX 770001 CINCINNATI, OH452770053	$ 59,869		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
47	FOCUS ON EUROPEAN ART 333 WEST ROSE LANE PHOENIX, AZ85013	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
48	GARY K AND JEANNE L HERBERGER TRUST 10881 N SCOTTSDALE RD STE 200 SCOTTSDALE, AZ85254	$ 25,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
49	GOLDMAN SACHS PHILANTHROPY FUND PO BOX 15203 ALBANY, NY122125203	$ 31,160,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
50	GREATER KANSAS CITY COMMUNITY FOUNDATION 1055 BROADWAY SUITE 130 KANSAS CITY, MO64105	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
51	GREGORY DUPPLER 12515 48TH AVE N PLYMOUTH, MN55442	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
52	HAO AND MICHELLE WANG FOUNDATION 7917 E SOFTWIND DR SCOTTSDALE, AZ85255	$ 15,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
53	ILEX CONSULTING LLC 4725 E MAYO BLVD PHOENIX, AZ85050	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
54	INSTITUTE OF MUSEUM AND LIBRARY SERVICES (IMLS) 955 LENFANT PLAZA NORTH SW SUITE 40 WASHINGTON, DC20024	$ 30,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
55	JACOBUS FAMILY FOUNDATION 8622 FRENCH CURVE EDEN PRAIRIE, MN55347	$ 10,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
56	JENNIFER ASHLEY 14425 N INTERLACKEN DR PHOENIX, AZ85022	$ 10,005		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
57	JOE BRENNAN 23005 N 74TH ST UNIT 1415 SCOTTSDALE, AZ852557509	$ 10,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
58	JOHN & JOAN D'ADDARIO FOUNDATION INC PO BOX 882 LOCUST VALLEY, NY11560	$ 25,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
59	JOHN MANGELS 10125 N 78TH PL SCOTTSDALE, AZ85258	$ 35,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
60	JPMORGAN CHARITABLE GIVING FUND 270 PARK AVENUE NEW YORK, NY100172070	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
61	KENNETH KASSES 10763 E PROSPECT POINT DR SCOTTSDALE, AZ85262	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
62	KPMG LLP 2323 ROSS AVENUE SUITE 1400 DALLAS, TX752012709	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
63	KRISTY MOORE 7500 E MCCORMICK PKWY 16 SCOTTSDALE, AZ85258	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
64	LWB TRUST 3412 E STANFORD DR PARADISE VALLEY, AZ85253	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
65	MAMMEL FAMILY FOUNDATION 8805 INDIAN HILLS DR STE 375 OMAHA, NE68114	$ 10,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
66	MARTIN GUITAR CHARITABLE FOUNDATION 510 SYCAMORE ST NAZARETH, PA180641000	$ 10,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
67	MORGAN STANLEY 1300 THAMES ST WARF 4TH FLOOR BALTIMORE, MD21231	$ 18,308		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
68	MORTON H MEYERSON FAMILY FOUNDATION 4441 BUENA VISTA ST DALLAS, TX75205	$ 10,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
69	NATIONAL FINANCIAL SERVICES LLC 499 WASHINGTON BOULEVARD JERSEY CITY, NJ07310	$ 12,150		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
70	NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE RD SUITE 1200 JENKINTOWN, PA190463594	$ 21,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
71	NORENA BADWAY 28475 N 127TH AVE PEORIA, AZ85383	$ 25,100		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
72	OKOBOJI FOUNDATION 243 W BROADWAY ARNOLDS PARK, IA51331	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
73	PAMELA HOWARD 3928 SUNLEAF AVE MEDFORD, OR97504	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
74	PEGGY BREHM 2129 S EL MARINO MESA, AZ852026469	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
75	PETSMART INC 19601 NORTH 27TH AVENUE PHOENIX, AZ85027	$ 20,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
76	PHOENIX OFFICE OF ARTS AND CULTURE 200 W WASHINGTON ST PHOENIX, AZ85003	$ 106,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
77	PIERCE FENNER & SMITH INC MERRILL LYNCH 2555 E CAMELBACK RD STE 900 PHOENIX, AZ85016	$ 10,250		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
78	PNC FINANCIAL SERVICES GROUP INC 2801 E CAMELBACK RD SUITE 200 PHOENIX, AZ85016	$ 250,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
79	REVADA FOUNDATION 208 N QUAKER LN ALEXANDRIA, VA223041819	$ 10,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
80	ROBERT LORENZEN 3333 E CAMINO SIN NOMBRE PARADISE VALLEY, AZ85253	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
81	RUSTY & MARY JANE POEPL FOUNDATION 1320 RIVERSIDE LANE APT 206 MEDOTA HEIGHTS, MN55118	$ 20,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
82	SAGEWOOD 4555 E MAYO BLVD PHOENIX, AZ85050	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
83	SANDERSON LINCOLN 2121 W BELL RD PHOENIX, AZ85023	$ 50,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
84	SCHWAB CHARITABLE FUND 211 MAIN ST SAN FRANCISCO, CA94105	$ 108,250		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
85	SCOTTSDALE ARTS 7380 E 2ND ST SCOTTSDALE, AZ85251	$ 7,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
86	SEASON FOR SHARING 200 E VAN BUREN PHOENIX, AZ85004	$ 7,500		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
87	STACIA ANDERSEN 2869 E CASHMAN DR PHOENIX, AZ85050	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
88	STRONG FOUNDATION 6 RIDGEVIEW CIR ARMONK, NY10504	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
89	SUZANNE HANIOTIS 7373 E DOUBLETREE RANCH RD B-200 SCOTTSDALE, AZ85258	$ 11,194		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
90	TD AMERITRADE CLEARING PO BOX 2226 OMAHA, NE681032226	$ 13,900		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
91	THE CHARRO FOUNDATION 10533 E LAKEVIEW DR SCOTTSDALE, AZ85258	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
92	THE DENVER FOUNDATION 1009 GRANT ST DENVER, CO80203	$ 10,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
93	THE NORTHERN TRUST COMPANY-INDIVIDUALS (CHICAGO) 50 S LA SALLE ST CHICAGO, IL60675	$ 12,500		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
94	THE OTTOSEN FAMILY FOUNDATION 2576 E OCOTILLO RD PHOENIX, AZ85016	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
95	THE SHANBROM FAMILY FOUNDATION 603 W OJAI AVE SUITE B OJAI, CA93023	$ 10,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
96	THE SUSANNE AND GARY TOBEY FAMILY FOUNDATION 16030 VENTURA BLVD 380 ENCINO, CA91436	$ 10,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
97	THE WHITTIER TRUST COMPANY OF NEVADA INC 100 W LIBERTY ST SUITE 890 RENO, NV895011952	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
98	THOMAS GRANFIELD 12602 N 68TH PL SCOTTSDALE, AZ85254	$ 52,122		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
99	THOMAS HOULIHAN 5612 E CALLE CAMELIA PHOENIX, AZ85018	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
100	US SMALL BUSINESS ADMINISTRATION 409 3RD ST SW WASHINGTON, DC20416	$ 5,190,074		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
101	UBS FINANCIAL SERVICES INC 2555 EAST CAMELBACK ROAD SUITE 600 PHOENIX, AZ850164875	$ 8,241		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
102	UNITED HEALTHCARE SERVICES INC PO BOX 1459 MN008-W235 MINNEAPOLIS, MN554401459	$ 5,200		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
103	US BANK FOUNDATION 800 NICOLLET MALL BC-MN-H5GF MINNEAPOLIS, MN55402	$ 10,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
104	VANGUARD 14321 N NORTHSIGHT BLVD SCOTTSDALE, AZ85260	$ 20,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
105	VANGUARD CHARITABLE ENDOWMENT PROGRAM PO BOX 1110 VALLEY FORGE, PA194821110	$ 34,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
106	VIRGINIA G PIPER CHARITABLE TRUST 1202 E MISSOURI AVE PHOENIX, AZ850142912	$ 137,500		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
107	WELLS FARGO ADVISORS LLC ONE NORTH JEFFERSON ST LOUIS, MO63103	$ 5,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
108	WELLS FARGO BANK NA 90 S 7TH ST MINNEAPOLIS, MN55479	$ 26,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
109	JOHN D'ADDARIO 4725 E MAYO BLVD PHOENIX, AZ85050	$ 76,181		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
110	JACQUELINE BYERS 9700 63RD AVE N SUITE 290 MAPLE GROVE, MN55369	$ 51,431		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
111	BRUCE LAWSON 2402 E ESPLANADE LN 703 PHOENIX, AZ85016	$ 50,477		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
112	BEVERLY GROSSMAN 4949 E LINCOLN DR 29 PARADISE VALLEY, AZ85253	$ 50,073		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
113	GAIL DORN 4725 E MAYO BLVD PHOENIX, AZ85050	$ 15,472		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
114	LOWELL PICKETT 4725 E MAYO BLVD PHOENIX, AZ85050	$ 12,742		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
115	HARRY MEYER 15532 SW PACIFIC HIGHWAY 514 TIGARD, OR97224	$ 10,380		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
116	FRANCES EMERSON 11536 E SALERO DR SCOTTSDALE, AZ85262	$ 5,233		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization MUSICAL INSTRUMENT MUSEUM		Employer identification number 16-1743588

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
33	VARIOUS STOCK	$ 27,800	2021-10-11
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
109	427 SHARES OF JOHNSON & JOHNSON	$ 76,181	2021-08-17
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
110	8 SHARES OF AMAZON	$ 25,539	2021-01-07
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
110	84 SHARES OF MICROSOFT	$ 25,892	2021-10-19
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
111	344 SHARES OF ARTHUR J. GALLAGHER (AJG)	$ 50,477	2021-05-05
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
112	200 SHARES OF MICROSOFT	$ 50,073	2021-05-27
Schedule B (Form 990) (2021)

Name of organization MUSICAL INSTRUMENT MUSEUM		Employer identification number 16-1743588
Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
113	62 SHARES OF VTI	$ 14,807	2021-12-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
114	380 SHARES OF SIRIUS XM	$ 2,363	2021-01-05
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
115	5 SHARES OF ALPHABET, INC.	$ 10,380	2021-02-05
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
116	14 SHARES OF DEERE & COMPANY	$ 5,233	2021-03-17
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 4


Name of organization MUSICAL INSTRUMENT MUSEUM			Employer identification number 16-1743588
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2021 AccountingFeesSchedule

Name:

MUSICAL INSTRUMENT MUSEUM

EIN:

16-1743588

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	57,381	0	0	57,381

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

MUSICAL INSTRUMENT MUSEUM

EIN:

16-1743588

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC. 2.9% 11/06/2022 USD SER B SR LIEN	97,173	97,173
AIR LEASE CORPORATION HYBRID PERPETUAL USD SER B JRSUB LIEN CPN 03/02/21 4.6	62,299	62,299
AMAZON.COM, INC. 2.4% 02/22/2023 USD SER WI SR LIEN	107,858	107,858
AMERICAN EXPRESS COMPANY HYBRID PERPETUAL USD JRSUB LIEN CPN 08/03/21 3.55%	133,443	133,443
AMERICAN HONDA FINANCE MTN 2.2% 06/27/2022 SR LIEN	80,719	80,719
AMERIPRISE FINANCIAL, INC. 3.0% 03/22/2022 SR LIEN	111,533	111,533
AT&T INC. PFD USD1.2500(5.00%) SERIES A	37,386	37,386
BANK OF AMERICA CORPORATION HYBRID	268,034	268,034
BANK OF NEW YORK MELLON CORPOR	142,874	142,874
BANK OF NEW YORK MELLON CORPOR MTN 1.95% 08/23/2022 SR LIEN	132,169	132,169
BANK OF NOVA SCOTIA (THE) HYBRID PERPETUAL USD SUB LIEN CPN 06/04/20 4.9%	69,890	69,890
BP CAP MARKETS AMERICA 2.75% 05/10/2023 USD SER * SR LIEN	77,112	77,112
BP CAPITAL MARKETS P.L.C. HYBRID PERPETUAL USD SUB LIEN CPN 06/22/20 4.875%	64,415	64,415
BRISTOL-MYERS SQUIBB CO 0.537% 11/13/2023 USD SR LIEN	99,637	99,637
CAPITAL ONE FINANCIAL CORP PFD USD1.2500(5.00%) SERIES I	43,255	43,255
CAPITAL ONE FINANCIAL CO HYBRID PERPETUAL USD SER M JRSUB LIEN CPN 06/10/21	141,161	141,161
CENTERPOINT ENERGY, INC HYBRID	53,021	53,021
CHARLES SCHWAB CORPORATION TH HYBRID PERPETUAL	216,741	216,741
CHEVRON USA INC 0.426% 08/11/2023 USD SR LIEN	84,770	84,770
CITIGROUP INC HYBRID	551,499	551,499
CITIZENS FINANCIAL GROUP, INC	221,765	221,765
CMS ENERGY CORPORATION HYBRID	116,886	116,886
COMERICA INCORPORATED HYBRID PERPETUAL USD JRSUB LIEN CPN 05/26/20 5.625%	55,203	55,203
DISCOVER FINANCIAL SERVICES HYBRID PERPETUAL USD SER D JRSUB LIEN CPN 06/22/	61,555	61,555
DOMINION ENERGY, INC. HYBRID PERPETUAL USD SER B SR LIEN CPN 12/13/19 4.65%	62,674	62,674
DUKE ENERGY CORPORATION HYBRID	116,237	116,237
DUKE ENERGY CORPORATION PFD USD1.4375(5.75%) SERIES A	19,901	19,901
EMERA INCORPORATED HYBRID 06/15/2076 USD SUB LIEN CPN 06/16/16 6.75%	46,120	46,120
ENBRIDGE INC. HYBRID 07/15/2080 USD SER 20-A SUB LIEN CPN 07/08/20-07/14/30	73,873	73,873
ENERGY TRANSFER OPERATING LP FRN 11/01/2066 USD SER B USLIB 3MO +301.75BP SU	20,220	20,220
EQUITABLE HOLDINGS, INC. HYBRID PERPETUAL USD SER B JRSUB LIEN CPN 08/11/20	57,734	57,734
FIFTH THIRD BANCORP HYBRID PERPETUAL USD SER L JRSUB LIEN CPN 07/30/20 4.5%	63,525	63,525
GENERAL MOTORS FINANCIAL COMPA HYBRID PERPETUAL USD SER B JRSUB LIEN CPN 09/	28,059	28,059
GOLDMAN SACHS BANK USA DEPOSIT (BDA)	123,427	123,427
HP ENTERPRISE CO 1.45% 04/01/2024 USD SR LIEN	80,816	80,816
HUNTINGTON BANCSHARES INCORPOR HYBRID PERPETUAL USD SER	93,641	93,641
JOHN DEERE CAPITAL CORPORATION MTN	127,560	127,560
JOHNSON & JOHNSON 2.25% 03/03/2022 SR LIEN	100,908	100,908
KEYCORP HYBRID PERPETUAL USD SER D JRSUB LIEN CPN 09/09/16 5.0%	27,031	27,031
LABORATORY CORPORATION OF AMER 4.0% 11/01/2023 USD SR LIEN	63,309	63,309
MARKEL CORPORATION HYBRID PERPETUAL USD JRSUB LIEN CPN 05/27/20 6.0%	33,038	33,038
METLIFE, INC HYBRID PERPETUAL	95,566	95,566
MITSUBISHI UFJ FINANCIAL GROUP 3.761% 07/26/2023 USD SR LIEN	105,916	105,916
MONDELEZ INTERNATIONAL, INC. 0.625% 07/01/2022 SR LIEN	100,425	100,425
MORGAN STANLEY HYRBID	125,789	125,789
MORGAN STANLEY MTN 4.1% 05/22/2023 USD SUB LIEN	94,127	94,127
MORGAN STANLEY PFD	35,769	35,769
NATIONAL RURAL UTILITIES COOPE HYBRID 04/20/2046 USD SRSUB LIEN CPN 04/20/16	32,570	32,570
NEXTERA ENERGY CAPITAL HOLDING HYBRID 05/01/2079 USD JRSUB LIEN CPN 04/04/19	28,583	28,583
ORACLE CORPORATION 2.5% 05/15/2022 SR LIEN	105,767	105,767
PARTNERRE FINANCE B LLC HYBRID 10/01/2050 USD JRSUB LIEN CPN 09/22/20-09/30/	37,254	37,254
PHILIP MORRIS INTL INC 2.5% 11/02/2022 USD SER 5YR SR LIEN	117,112	117,112
PIMCO INCOME FUND INSTITUTIONAL	4,788,335	4,788,335
PRUDENTIAL FINANCIAL, INC. HYBRID 06/15/2043 USD JRSUB LIEN CPN 11/19/12 5.6	26,031	26,031
SEMPRA ENERGY HYBRID 04/01/2052 JRSUB LIEN CPN 11/19/21 4.125%	83,511	83,511
SOUTHERN COMPANY (THE) HYBRID 01/15/2051 USD SER B JRSUB LIEN CPN 09/18/20 4	52,047	52,047
STARBUCKS CORP 2.7% 06/15/2022 SR LIEN	85,646	85,646
SUMITOMO MITSUI FINANCIAL GROU 3.102% 01/17/2023 USD SR LIEN	20,758	20,758
SYNCHRONY FINANCIAL PFD USD1.4063(5.63%) SERIES A	35,440	35,440
TEXAS INSTRUMENTS INC 1.85% 05/15/2022 SR LIEN	100,607	100,607
THE HOME DEPOT, INC. 2.625% 06/01/2022 SR LIEN	75,739	75,739
TRANSCANDA TRUST HYBRID	77,253	77,253
TRUIST FINANCIAL CORPORATION HYBRID	131,923	131,923
U.S. BANCORP HYBRID PERPETUAL USD JRSUB LIEN CPN 10/26/21 3.7%	26,168	26,168
VOYA FINANCIAL, INC	95,318	95,318
WAL-MART STORES INC 2.35% 12/15/2022 USD SR LIEN	106,853	106,853
WALT DISNEY COMPANY (THE) 1.65% 09/01/2022 USD SR LIEN	126,709	126,709
WELLS FARGO & CO HYBRID	109,717	109,717
WELLS FARGO & COMPANY 4.48% 01/16/2024 USD SER B SUB LIEN	119,101	119,101
ALLY FINANCIAL INC. HYBRID PERPETUAL USD SER B JRSUB LIEN CPN 04/22/21 4.7%	104,351	104,351
ALLY FINANCIAL INC. HYBRID PERPETUAL USD SER C JRSUB LIEN CPN 06/02/21 4.7%	92,276	92,276
ATMOS ENERGY CORP 0.625% 03/09/2023 USD SR LIEN	89,837	89,837
BANK OF AMERICA CORPORATION FRN MTN 05/28/2024 USD BSBY3MO +43.00BP SR LIEN	125,065	125,065
BANK OF MONTREAL MTN 3.3% 02/05/2024 USD SER E SR LIEN	127,182	127,182
BANK OF NOVA SCOTIA (THE) 3.4% 02/11/2024 USD SR LIEN	127,513	127,513
BERKSHIRE HATHAWAY ENERGY COMP 2.8% 01/15/2023 USD SER WI SR LIEN	36,097	36,097
BP CAP MARKETS AMERICA 3.79% 02/06/2024 USD SR LIEN	37,384	37,384
CATERPILLAR FINANCIAL SERVICES MTN 3.3% 06/09/2024 USD SER G SR LIEN	110,537	110,537
DTE ELECTRIC COMPANY 3.65% 03/15/2024 USD SER 2013 B SR LIEN	84,633	84,633
EDISON INTERNATIONAL HYBRID PERPETUAL USD SER A JRSUB LIEN CPN 03/09/21 5.37	79,757	79,757
ENTERGY LOUISIANA LLC 0.62% 11/17/2023 USD SR LIEN	44,675	44,675
EXXON MOBIL CORPORATION 1.902% 08/16/2022 SR LIEN	111,748	111,748
GILEAD SCIENCES INC 0.75% 09/29/2023 USD SR LIEN	81,820	81,820
IBM CORPORATION 3.625% 02/12/2024 USD SR LIEN	106,829	106,829
JPMORGAN CHASE & CO. HYBRID 03/16/2024 USD SR LIEN CPN 03/16/21 0.697%	79,973	79,973
JPMORGAN CHASE & CO. HYBRID 04/01/2023 USD SR LIEN CPN 03/22/19 3.207%	50,699	50,699
JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER FF JRSUB LIEN CPN 07/31/19 5.0	62,900	62,900
JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER KK JRSUB LIEN CPN 05/12/21 3.6	119,064	119,064
JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER S JRSUB LIEN CPN 01/22/14 6.75	27,800	27,800
JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER X JRSUB LIEN CPN 09/23/14-09/3	53,513	53,513
JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER Z SUB LIEN CPN 02/01/22-05/01/	10,065	10,065
JPMORGAN CHASE & CO. PFD USD1.5000(6.00%) SERIES EE	34,144	34,144
KKR GROUP FINANCE CO. IX LLC PFD USD1.1562(4.62%) SERIES B	29,242	29,242
M&T BANK CORPORATION HYBRID PERPETUAL JRSUB LIEN CPN 08/17/21 3.5%	119,139	119,139
M&T BANK CORPORATION HYBRID PERPETUAL SER G JRSUB LIEN CPN 07/30/19 5.0%	73,558	73,558
M&T BANK CORPORATION HYBRID PERPETUAL USD SER F JRSUB LIEN CPN 10/28/16-10/3	26,995	26,995
MITSUBISHI UFJ FINANCIAL GROUP 3.455% 03/02/2023 USD SR LIEN	26,033	26,033
NESTLE HOLDINGS INC MTN 3.125% 03/22/2023 USD PVT REGS SR LIEN	131,604	131,604
PNC FINANCIAL SERVICES GROUP, HYBRID PERPETUAL USD SER T JRSUB LIEN CPN 09/1	127,288	127,288
REGIONS FINANCIAL CORPORATION PFD USD1.4250(5.70%) SERIES C HYBRID PREF	22,976	22,976
ROYAL BANK OF CANADA MTN 1.95% 01/17/2023 USD SR LIEN	86,901	86,901
ROYAL BANK OF CANADA MTN 3.7% 10/05/2023 USD SR LIEN	21,154	21,154
SANTANDER UK PLC 4.0% 03/13/2024 USD SR LIEN	128,473	128,473
SEMPRA ENERGY HYBRID PERPETUAL USD JRSUB LIEN CPN 06/19/20 4.875%	54,054	54,054
SIMON PROPERTY GROUP, L.P. 3.75% 02/01/2024 USD SR LIEN	85,020	85,020
STATE STREET CORPORATION 3.1% 05/15/2023 USD SRSUB LIEN	36,231	36,231
STATE STREET CORPORATION HYBRID PERPETUAL USD SER F SUB LIEN CPN 12/15/21-03	8,033	8,033
SUMITOMO MITSUI FINANCIAL GROU 3.936% 10/16/2023 USD SR LIEN	105,929	105,929
SVB FINANCIAL GROUP HYBRID PERPETUAL USD SER C JRSUB LIEN CPN 05/13/21 4.0%	90,910	90,910
THE CHARLES SCHWAB CORP HYBRID PERPETUAL USD JRSUB LIEN CPN 02/01/22-04/30/2	25,792	25,792
TORONTO-DOMINION BANK (THE) MTN 3.25% 03/11/2024 USD SR LIEN	84,409	84,409
VODAFONE GROUP PUBLIC LIMITED HYBRID 04/04/2079 USD SUB LIEN CPN 04/04/19 7.	36,797	36,797
WESTPAC BANKING CORPORATION 2.8% 01/11/2022 SR LIEN	60,830	60,830
XILINX INC 2.95% 06/01/2024 USD SR LIEN	93,369	93,369

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

MUSICAL INSTRUMENT MUSEUM

EIN:

16-1743588

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABORATORIES CMN	43,911	43,911
ABM INDUSTRIES INC CMN	57,639	57,639
ACCENTURE PLC CMN CLASS A	53,062	53,062
ACCO BRANDS CORPORATION CMN	16,421	16,421
ACTIVISION BLIZZARD, INC CMN	17,630	17,630
ADOBE INC CMN	47,633	47,633
AERCAP HOLDINGS NV ORD CMN	68,429	68,429
AES CORP. CMN	4,374	4,374
AGILENT TECHNOLOGIES, INC. CMN	5,588	5,588
AIR PRODUCTS & CHEMICALS INC CMN	21,709	21,709
AKAMAI TECHNOLOGIES, INC. CMN	8,778	8,778
ALEXANDRIA REAL ESTATE EQUITIES, INC.	120,795	120,795
ALLSTATE CORPORATION COMMON STOCK	28,549	28,549
ALNYLAM PHARMACEUTICALS, INC. CMN	170	170
ALPHABET INC. CMN CLASS A	185,411	185,411
ALPHABET INC. CMN CLASS C	978,033	978,033
ALTRIA GROUP, INC. CMN	8,451	8,451
AMAZON.COM INC CMN	933,615	933,615
AMCOR PLC CMN	7,110	7,110
AMEREN CORPORATION CMN	9,702	9,702
AMERICAN ELECTRIC POWER INC CMN	21,620	21,620
AMERICAN TOWER CORPORATION CMN	80,232	80,232
AMERICAN WATER WORKS CO, INC. CMN	7,554	7,554
AMGEN INC. CMN	31,046	31,046
ANALOG DEVICES, INC. CMN	20,741	20,741
ANSYS, INC. CMN	6,819	6,819
ANTHEM, INC. CMN	222,036	222,036
AON PUBLIC LIMITED COMPANY CMN	246,259	246,259
APPLE INC. CMN	364,196	364,196
ARCH CAPITAL GROUP LTD. CMN	14,580	14,580
ARCHER-DANIELS-MIDLAND COMPANY CMN	28,253	28,253
ARES COMMERCIAL REAL ESTATE CO CMN	8,264	8,264
ARTHUR J GALLAGHER & CO CMN	9,502	9,502
ARTISAN FOCUS DYNAMIC EQUITY SELECT LLC CLASS A SERIES 1	5,659,880	5,659,880
ASGN INCORPORATED CMN	54,666	54,666
ASSURED GUARANTY LTD. CMN	66,465	66,465
AT&T INC. CMN	143,098	143,098
AUTOMATIC DATA PROCESSING INC CMN	22,533	22,533
AVALONBAY COMMUNITIES INC CMN	149,966	149,966
AVANGRID, INC. CMN	2,013	2,013
AXIS CAPITAL HOLDINGS LIMITED CMN	47,489	47,489
BALL CORPORATION CMN	9,049	9,049
BANKUNITED INC CMN	37,614	37,614
BAXTER INTERNATIONAL INC CMN	11,971	11,971
BECTON, DICKINSON AND COMPANY CMN	21,124	21,124
BELDEN INC CMN	50,519	50,519
BERKSHIRE HATHAWAY INC. CLASS B	268,502	268,502
BIOGEN INC. CMN	11,036	11,036
BIOMARIN PHARMACEUTICAL INC. CMN	3,181	3,181
BLACKSTONE MORTGAGE TRUST INC CMN	37,238	37,238
BOSTON PROPERTIES, INC. COMMON STOCK	40,656	40,656
BROADCOM INC. CMN	89,165	89,165
BROADRIDGE FINANCIAL SOLUTIONS IN CMN	5,687	5,687
BROWN FORMAN CORP CL B CMN CLASS B	3,570	3,570
CACTUS, INC. CMN CLASS A	21,315	21,315
CADENCE DESIGN SYSTEMS INC CMN	8,572	8,572
CALLAWAY GOLF CMN	42,340	42,340
CAPITAL ONE FINANCIAL CORP CMN	79,509	79,509
CARDINAL HEALTH, INC. CMN	4,055	4,055
CARLYLE GROUP INC/THE CMN	276,696	276,696
CENTENE CORPORATION CMN	24,967	24,967
CENTERPOINT ENERGY, INC CMN	5,917	5,917
CERNER CORPORATION CMN	6,147	6,147
CHAMPIONX CORPORATION CMN	33,225	33,225
CHANGE HEALTHCARE INC. CMN	54,690	54,690
CHARLES SCHWAB CORPORATION CMN	47,937	47,937
CHARTER COMMUNICATIONS, INC. CMN	21,515	21,515
CHEVRON CORPORATION CMN	140,937	140,937
CHIPOTLE MEXICAN GRILL, INC. CMN	6,993	6,993
CHUBB LIMITED CMN	66,192	66,192
CHURCH & DWIGHT CO., INC. CMN	7,585	7,585
CINCINNATI FINANCIAL CRP CMN	9,165	9,165
CISCO SYSTEMS, INC. CMN	95,815	95,815
CITIGROUP INC. CMN	248,505	248,505
CLOROX CO (THE) (DELAWARE) CMN	1,395	1,395
CME GROUP INC. CMN CLASS A	33,598	33,598
CMS ENERGY CORPORATION CMN	6,895	6,895
COCA-COLA COMPANY (THE) CMN	47,605	47,605
COGNIZANT TECHNOLOGY SOLUTIONS CORP CLASS A	22,357	22,357
COLGATE-PALMOLIVE CO CMN	2,646	2,646
COLUMBIA BANKING SYSTEM, INC. CMN	11,943	11,943
COMCAST CORPORATION CMN CLASS A VOTING	318,539	318,539
COMMSCOPE HOLDING COMPANY, INC CMN	14,783	14,783
CONAGRA BRANDS INC CMN	13,079	13,079
CONCENTRIX CORPORATION CMN	63,767	63,767
CONSOLIDATED EDISON INC CMN	20,306	20,306
COOPER COMPANIES INC (NEW) CMN	3,352	3,352
CORTEVA, INC. CMN	25,295	25,295
COSTAR GROUP, INC. CMN	216,305	216,305
COSTCO WHOLESALE CORPORATION CMN	50,525	50,525
COUPA SOFTWARE INCORPORATED CMN	632	632
COUSINS PROPERTIES INCORPORATE CMN	85,434	85,434
CROWDSTRIKE HOLDINGS, INC. CMN	1,024	1,024
CROWN CASTLE INTL CORP CMN	9,811	9,811
CSX CORPORATION CMN	31,659	31,659
CURTISS-WRIGHT CORP CMN	50,199	50,199
CVS HEALTH CORP CMN	69,117	69,117
DANAHER CORPORATION CMN	33,251	33,251
DATADOG, INC. CMN CLASS A	1,781	1,781
DAVITA INC CMN	2,730	2,730
DEERE & COMPANY CMN	32,330	32,330
DELEK US HOLDINGS INC CMN	14,630	14,630
DEXCOM, INC. CMN	1,611	1,611
DIGITAL REALTY TRUST, INC. CMN	117,322	117,322
DOCUSIGN, INC. CMN	914	914
DOLLAR GENERAL CORPORATION CMN	23,819	23,819
DOLLAR TREE STORES, INC. CMN	24,872	24,872
DOMINION ENERGY INC CMN	26,475	26,475
DTE ENERGY COMPANY CMN	11,320	11,320
DUKE ENERGY CORPORATION CMN	43,953	43,953
DUKE REALTY CORPORATION CMN	118,874	118,874
EBAY INC. CMN	15,894	15,894
ECOLAB INC. CMN	10,580	10,580
EDISON INTERNATIONAL CMN	15,721	15,721
EDWARDS LIFESCIENCES CORPORATI CMN	6,996	6,996
ELANCO ANIMAL HEALTH INCORPORA CMN	3,945	3,945
ELECTRONIC ARTS CMN	12,267	12,267
ELI LILLY & CO CMN	14,916	14,916
EMCOR GROUP, INC. CMN	14,395	14,395
ENERGIZER HOLDINGS, INC. CMN	46,676	46,676
ENERSYS CMN	28,066	28,066
ENERPLUS CORPORATION CMN	26,365	26,365
ENVISTA HOLDINGS CORPORATION CMN	62,093	62,093
EPAM SYSTEMS, INC. CMN	5,348	5,348
EQUIFAX INC. CMN	6,734	6,734
EQUINIX, INC. REIT	254,598	254,598
ESSEX PROPERTY TRUST INC CMN	104,879	104,879
ESTEE LAUDER COS INC CL-A CMN CLASS A	15,178	15,178
EVERCORE INC CMN CLASS A	59,774	59,774
EVERGY, INC. CMN	8,576	8,576
EVERSOURCE ENERGY CMN	14,466	14,466
EVERTEC INC CMN	27,239	27,239
EXELON CORPORATION CMN	35,753	35,753
EXPEDITORS INTERNATIONAL OF WA CMN	6,177	6,177
EXTRA SPACE STORAGE INC. CMN	3,628	3,628
FASTENAL COMPANY CMN	6,662	6,662
FEDERAL AGRICULTURAL MORTGAGE CORP CL-C	28,876	28,876
FIDELITY NATL INFO SVCS INC CMN	45,625	45,625
FIERA: NON-US EQUITY LLC - CLASS 1	5,682,632	5,682,632
FIRST AMERICAN FIN CORP CMN	13,456	13,456
FIRST MERCHANTS CORPORATION CMN	21,071	21,071
FIRST REPUBLIC BANK CMN SERIES	12,184	12,184
FIRSTENERGY CORP. CMN	6,904	6,904
FISERV, INC. CMN	36,638	36,638
FOOT LOCKER, INC. CMN	38,918	38,918
FORTINET, INC. CMN	5,032	5,032
FORTIVE CORPORATION CMN	11,215	11,215
FRESH DEL MONTE PRODUCE INC. ORDINARY SHARES	24,785	24,785
FRONTDOOR, INC. CMN	25,435	25,435
FTI CONSULTING, INC. CMN	38,662	38,662
GARMIN LTD CMN	5,447	5,447
GENERAL ELECTRIC COMPANY CMN	211,414	211,414
GENERAL MILLS INC CMN	20,955	20,955
GENERAL MOTORS COMPANY CMN	110,400	110,400
GILEAD SCIENCES CMN	37,830	37,830
GOLDMAN SACHS BANK USA DEPOSIT (BDA)	385,220	385,220
GRAFTECH INTERNATIONAL LTD. CMN	16,964	16,964
GRAPHIC PACKAGING HLDGCO CMN	104,217	104,217
HANESBRANDS INC. CMN	23,776	23,776
HANOVER INSURANCE GROUP INC CMN	47,444	47,444
HARLEY-DAVIDSON INC CMN	50,844	50,844
HARSCO CORPORATION CMN	20,453	20,453
HARTFORD FINANCIAL SRVCS GROUP CMN	19,925	19,925
HEICO CORP CL-A CMN CLASS A	183,912	183,912
HELMERICH & PAYNE INC. CMN	19,434	19,434
HILLENBRAND INC CMN	18,197	18,197
HILTON WORLDWIDE HOLDINGS INC. CMN	182,664	182,664
HOLOGIC INCORPORATED CMN	3,369	3,369
HORMEL FOODS CORPORATION CMN	5,564	5,564
IDEXX LABORATORIES CMN	2,634	2,634
ILLUMINA, INC CMN	3,804	3,804
INCYTE CORPORATION CMN	3,670	3,670
INGEVITY CORPORATION CMN	21,367	21,367
INSIGHT ENTERPRISES, INC. CMN	85,600	85,600
INTEL CORPORATION CMN	146,415	146,415
INTERCONTINENTAL EXCHANGE INC CMN	29,679	29,679
INTERDIGITAL INC CMN	41,474	41,474
INTERNATIONAL GAME TECHNOLOGY PLC CMN	12,778	12,778
INTL BUSINESS MACHINES CORP CMN	56,271	56,271
INTUIT INC CMN	19,940	19,940
INVITATION HOMES INC. CMN	116,932	116,932
J B HUNT TRANS SVCS INC CMN	5,110	5,110
J. M. SMUCKER COMPANY (THE) CMN	12,088	12,088
JOHNSON & JOHNSON CMN	120,604	120,604
JPMORGAN CHASE & CO CMN	240,692	240,692
KELLOGG COMPANY CMN	6,571	6,571
KEURIG DR PEPPER INC CMN	16,956	16,956
KEYSIGHT TECHNOLOGIES, INC. CMN	11,565	11,565
KLA CORP CMN	18,065	18,065
KORN FERRY CMN	13,729	13,729
KROGER COMPANY CMN	17,787	17,787
L3HARRIS TECHNOLOGIES INC CMN	26,868	26,868
LCI INDUSTRIES CMN	47,073	47,073
LIBERTY BROADBAND CORPORATION CMN CLASS A	1,609	1,609
LIBERTY BROADBAND CORPORATION CMN CLASS C	279,347	279,347
LIBERTY GLOBAL, PLC CMN CLASS A	3,273	3,273
LIBERTY GLOBAL, PLC. CMN CLASS C	6,489	6,489
LINDE PLC CMN	61,318	61,318
LOCKHEED MARTIN CORPORATION CMN	20,614	20,614
LYONDELLBASELL INDUSTRIES N.V. CMN CLASS A	42,518	42,518
MARKEL CORPORATION CMN	11,106	11,106
MARKETAXESS HOLDINGS INC. CMN	1,645	1,645
MARRIOTT INTERNATIONAL, INC CMN CLASS A	240,589	240,589
MARSH & MCLENNAN CO INC CMN	20,858	20,858
MASTERCARD INCORPORATED CMN CLASS A	373,693	373,693
MAXIMUS INC CMN	11,632	11,632
MCCORMICK & CO NON VTG SHRS CMN	7,952	7,952
MEDTRONIC PUBLIC LIMITED COMPA CMN	32,528	32,528
MERCK & CO., INC. CMN	68,281	68,281
METTLER-TOLEDO INTL CMN	1,697	1,697
MICROSOFT CORPORATION CMN	1,338,553	1,338,553
MID-AMERICA APT CMNTYS INC CMN	4,359	4,359
MINERALS TECHNOLOGIES INC. CMN	10,095	10,095
MODERNA, INC. CMN	6,096	6,096
MONDELEZ INTERNATIONAL, INC. CMN	46,062	46,062
MONSTER BEVERAGE CORPORATION CMN	8,355	8,355
MORGAN STANLEY CMN	269,449	269,449
MR COOPER GROUP INC CMN	25,174	25,174
NASDAQ INC. CMN	6,510	6,510
NATIONAL ENERGY SERVICES REUNITED CORP.	8,222	8,222
NAVIENT CORPORATION CMN	43,416	43,416
NCR CORPORATION CMN	49,084	49,084
NELNET, INC. CMN CLASS A	23,834	23,834
NETFLIX, INC. CMN	293,991	293,991
NEWMONT CORP CMN	33,801	33,801
NEXSTAR MEDIA GROUP INC CMN	44,690	44,690
NEXTERA ENERGY, INC. CMN	45,000	45,000
NMI HOLDINGS, INC. CMN CLASS A	21,937	21,937
NOMAD FOODS LTD CMN	40,903	40,903
NORTHERN TRUST CORP CMN	12,633	12,633
NORTHROP GRUMMAN CORP CMN	29,804	29,804
OKTA, INC. CMN CLASS A	224	224
OLD DOMINION FREIGHT LINE, INC CMN	7,168	7,168
OMNICOM GROUP CMN	5,770	5,770
ORACLE CORPORATION CMN	16,919	16,919
O'REILLY AUTOMOTIVE, INC. CMN	706	706
PACCAR INC CMN	18,042	18,042
PALO ALTO NETWORKS INC. CMN	6,124	6,124
PAYCHEX, INC. CMN	7,235	7,235
PAYPAL HOLDINGS, INC. CMN	34,133	34,133
PENNYMAC FINANCIAL SERVICS INC CMN	22,469	22,469
PEPSICO, INC. CMN	56,805	56,805
PFIZER INC. CMN	117,096	117,096
PNC FINANCIAL SERVICES GROUP, CMN	54,541	54,541
PPL CORPORATION CMN	12,371	12,371
PRA GROUP, INC. CMN	25,105	25,105
PROCTER & GAMBLE COMPANY (THE) CMN	118,923	118,923
PROLOGIS INC CMN	273,416	273,416
PUBLIC STORAGE CMN	237,845	237,845
PUBLIC-SVC ENTERPRISE GROUP HOLDING CO	16,549	16,549
QORVO, INC. CMN	252,883	252,883
QUALCOMM INC CMN	22,676	22,676
QUEST DIAGNOSTICS INCORPORATED CMN	6,747	6,747
R1 RCM INC. CMN	16,186	16,186
RACKSPACE TECHNOLOGY, INC. CMN	7,637	7,637
REALTY INCOME CORPORATION CMN	7,040	7,040
REGENERON PHARMACEUTICAL INC CMN	21,472	21,472
REPUBLIC SERVICES INC CMN	9,934	9,934
RESMED INC. CMN	3,647	3,647
RINGCENTRAL, INC. CMN	937	937
ROLLINS INC. CMN	855	855
ROPER TECHNOLOGIES INC CMN	16,231	16,231
ROYALTY PHARMA PLC CMN	4,144	4,144
S&P GLOBAL INC. CMN	2,360	2,360
SALESFORCE.COM, INC CMN	260,737	260,737
SALLY BEAUTY HOLDINGS, INC. CMN	23,869	23,869
SCHWEITZER-MAUDUIT INTERNATION CMN	26,910	26,910
SCIENCE APPLICATIONS INTL CORP CMN	41,544	41,544
SEAGATE TECHNOLOGY HOLDIN PLC CMN	2,951	2,951
SEAGEN INC. CMN	1,082	1,082
SEMPRA ENERGY CMN	19,340	19,340
SERVICENOW INC CMN	11,035	11,035
SHERWIN-WILLIAMS CO CMN	18,312	18,312
SKECHERS USA INC CL-A CMN CLASS A	23,262	23,262
SKYWORKS SOLUTIONS, INC. CMN	253,964	253,964
SLM CORPORATION CMN	76,733	76,733
SNAP INC. CMN CLASS A	2,869	2,869
SOUTHSTATE CORP CMN	13,779	13,779
SPDR S&P 500 ETF TRUST	16,405,402	16,405,402
SPECTRUM BRANDS HOLDINGS INC CMN	43,943	43,943
SPIRIT REALTY CAPITAL, INC. CMN	14,258	14,258
STARWOOD PROPERTY TRUST, INC. CMN	37,170	37,170
STATE STREET CORPORATION (NEW) CMN	25,545	25,545
STEVEN MADDEN LTD CMN	39,546	39,546
STND MOTOR PROD INC CL-A CMN	13,045	13,045
STRIDE INC CMN	48,762	48,762
SUN COMMUNITIES, INC CMN	47,008	47,008
SYNEOS HEALTH INC CMN	58,117	58,117
SYNOPSYS INC. CMN	9,950	9,950
SYNOVUS FINANCIAL CORP CMN	42,079	42,079
TAKE TWO INTERACTIVE SOFTWARE INC	5,687	5,687
TARGET CORPORATION CMN	42,585	42,585
TEMPUR SEALY INTERNATIONAL INC CMN	24,879	24,879
TEREX CORP (NEW) CMN	12,174	12,174
TEXAS INSTRUMENTS INC. CMN	39,767	39,767
THE BANK OF NY MELLON CORP CMN	37,752	37,752
THE HERSHEY COMPANY CMN	9,480	9,480
THE KRAFT HEINZ CO CMN	19,673	19,673
THE PROGRESSIVE CORPORATION CMN	26,689	26,689
THE SOUTHERN CO. CMN	30,175	30,175
THE TRAVELERS COMPANIES, INC CMN	31,755	31,755
THERMO FISHER SCIENTIFIC INC CMN	46,725	46,725
T-MOBILE US, INC. CMN	22,384	22,384
TOLL BROTHERS, INC. CMN	16,794	16,794
TRACTOR SUPPLY COMPANY CMN	7,874	7,874
TRADEWEB MARKETS INC CMN	5,007	5,007
TRANSDIGM GROUP INCORPORATED CMN	332,774	332,774
TTEC HOLDINGS, INC. CMN	39,208	39,208
TYSON FOODS INC CL-A CMN CLASS A	20,918	20,918
UDR INC CMN	2,340	2,340
ULTRA CLEAN HOLDINGS, INC. CMN	33,900	33,900
UMPQUA HOLDINGS CORPORATION CMN	24,531	24,531
UNION PACIFIC CORP. CMN	54,669	54,669
UNISYS CORPORATION CMN	29,333	29,333
UNITED PARCEL SERVICE, INC. CLASS B COMMON STOCK	2,358	2,358
UNITEDHEALTH GROUP INCORPORATE CMN	348,485	348,485
UNIVERSAL CORPORATION CMN	23,945	23,945
VALVOLINE INC. CMN	76,967	76,967
VEEVA SYSTEMS INC CMN	2,299	2,299
VERISK ANALYTICS, INC. CMN	8,234	8,234
VERIZON COMMUNICATIONS, INC. CMN	115,195	115,195
VERTEX PHARMACEUTICALS INCORPO CMN	18,446	18,446
VISA INC. CMN CLASS A	380,543	380,543
VULCAN MATERIALS CO CMN	8,511	8,511
W.W. GRAINGER INC CMN	7,255	7,255
WALGREENS BOOTS ALLIANCE, INC. CMN	28,688	28,688
WALKER & DUNLOP, INC. CMN	47,980	47,980
WALMART INC CMN	72,184	72,184
WALT DISNEY COMPANY (THE) CMN	145,442	145,442
WASTE MANAGEMENT INC CMN	16,356	16,356
WAYFAIR INC. CMN	251,900	251,900
WEC ENERGY GROUP, INC. CMN	12,037	12,037
WELLS FARGO & CO (NEW) CMN	197,006	197,006
WESCO INTERNATIONAL INC. CMN	97,771	97,771
WEST PHARMACEUTICAL SERVICES INC	3,283	3,283
WHITE MOUNTAINS INSURANCE GROU CMN	40,556	40,556
WILLIS TOWERS WATSON PLC CMN	74,284	74,284
WOODWARD INC CMN	31,196	31,196
WORLD FUEL SERVICES CORP CMN	49,271	49,271
XCEL ENERGY INC. CMN	15,199	15,199
XILINX INCORPORATED CMN	9,117	9,117
XYLEM INC. CMN	3,837	3,837
YELP INC. CMN	31,964	31,964
ZOETIS INC. CMN CLASS A	12,690	12,690
ZOOM VIDEO COMMUNICATIONS INC CMN CLASS A	6,069	6,069
ZSCALER, INC. CMN	321	321
ABBVIE INC CMN	35,475	35,475
ALLISON TRANSMISSION HLDG INC. CMN	17,484	17,484
ALTRA INDUSTRIAL MOTION CORP CMN	10,382	10,382
AMERICAN EAGLE OUTFITTERS INC (NEW)	11,850	11,850
AMERICOLD REALTY TRUST CMN	68,397	68,397
AMERIS BANCORP CMN	11,660	11,660
AMPHENOL CORP CL-A (NEW) CMN CLASS A	12,009	12,009
APPLIED MATERIALS INC CMN	276,954	276,954
APPLOVIN CORPORATION CMN CLASS A	332,078	332,078
ARTISAN PARTNERS ASSET MGMT IN CMN	31,109	31,109
ARTISAN: DYNAMIC EQUITY(NON-US EQUITY)SERIES CLASS 2	4,798,557	4,798,557
AVANTOR FUNDING, INC. CMN	3,498	3,498
AVNET INC. CMN	21,481	21,481
BIO-RAD LABORATORIES, INC CMN CLASS A	4,533	4,533
BOSTON SCIENTIFIC CORP. COMMON STOCK	11,724	11,724
BRIGHT HEALTH GROUP, INC. CMN	8,242	8,242
BRIGHTVIEW HOLDINGS, INC. CMN	17,938	17,938
BRINK'S COMPANY (THE) CMN	29,900	29,900
BRISTOL-MYERS SQUIBB COMPANY CMN	67,837	67,837
BURLINGTON STORES INC CMN	2,624	2,624
CAMDEN PROPERTY TRUST CMN	95,679	95,679
CANADIAN PACIFIC RAILWAY LTD CMN	5,188	5,188
CARTER'S, INC. CMN	12,248	12,248
CATALENT, INC. CMN	2,433	2,433
CATERPILLAR INC (DELAWARE) CMN	35,766	35,766
CBOE GLOBAL MARKETS, INC CMN	5,216	5,216
CLARIVATE PLC CMN	5,127	5,127
CLOUDFLARE, INC. CMN CLASS A	789	789
CORNING INCORPORATED CMN	11,616	11,616
CUBESMART CMN	67,030	67,030
CUMMINS INC COMMON STOCK	15,488	15,488
DENTSPLY SIRONA INC CMN	3,130	3,130
DIGITALBRIDGE GROUP, INC. CMN	19,717	19,717
DISH NETWORK CORPORATION CMN CLASS A	89,697	89,697
EASTGROUP PROPERTIES INC CMN	57,924	57,924
EMPLOYERS HOLDINGS, INC. CMN	13,407	13,407
ENTERGY CORPORATION CMN	10,814	10,814
EQUITY LIFESTYLE PROPERTIES, I CMN	90,839	90,839
EQUITY RESIDENTIAL CMN	55,208	55,208
EQUITY RESIDENTIAL CMN	6,559	6,559
ESSENT GROUP LTD. CMN	35,696	35,696
EXACT SCIENCES CORPORATION CMN	311	311
FEDEX CORPORATION CMN	39,572	39,572
FIRST HAWAIIAN, INC. CMN	45,723	45,723
GRAY TELEVISION, INC. CMN	14,193	14,193
H & R BLOCK INC. CMN	9,649	9,649
HAEMONETICS CORPORATION CMN	10,926	10,926
HEALTHPEAK PROPERTIES INC CMN	70,628	70,628
HEALTHPEAK PROPERTIES INC CMN	4,078	4,078
HIGHWOODS PROPERTIES INC CMN	17,925	17,925
HOLLYFRONTIER CORP CMN	40,123	40,123
HORIZON THERAPEUTICS PLC CMN	5,172	5,172
HOST HOTELS & RESORTS INC CMN	89,958	89,958
HUB GROUP, INC. CMN CLASS A	15,753	15,753
HUDSON PACIFIC PROPERTIES, INC CMN	27,453	27,453
IAC/INTERACTIVECORP. CMN	28,756	28,756
ILLINOIS TOOL WORKS CMN	11,657	11,657
INSULET CORPORATION CMN	532	532
INTERNATIONAL PAPER CO. CMN	10,852	10,852
INTL.FLAVORS & FRAGRANCE CMN	6,815	6,815
INVESTORS BANCORP, INC. CMN	21,665	21,665
JOHNSON CONTROLS INTERNATIONAL CMN	21,452	21,452
KAR AUCTION SERVICES, INC. CMN	37,754	37,754
KILROY REALTY CORPORATION COMMON STOCK	26,859	26,859
KIMBERLY-CLARK CORPORATION CMN	2,593	2,593
KINDER MORGAN INC CMN CLASS P	20,967	20,967
KKR & CO. INC. CMN	234,899	234,899
KOSMOS ENERGY LTD. CMN	31,977	31,977
KYNDRYL HOLDINGS INC CMN	1,520	1,520
LABORATORY CORPORATION OF AMER CMN	8,169	8,169
LAM RESEARCH CORPORATION CMN	255,831	255,831
LANDSTAR SYSTEM INC CMN	10,920	10,920
LAS VEGAS SANDS CORP. CMN	2,560	2,560
LOEWS CORPORATION CMN	9,935	9,935
LULULEMON ATHLETICA INC. CMN	6,655	6,655
LUMEN TECHNOLOGIES INC CMN	9,224	9,224
MASONITE INTL CORP NEW CMN	21,703	21,703
MERITAGE HOMES CORPORATION CMN	26,609	26,609
META PLATFORMS INC CMN CLASS A	373,349	373,349
META PLATFORMS INC CMN CLASS A	210,555	210,555
META PLATFORMS INC CMN CLASS A	277,825	277,825
MONOLITHIC POWER SYSTEMS, INC. CMN	1,976	1,976
MOODY'S CORPORATION CMN	5,468	5,468
NASPERS LTD SPONSORED ADR CMN	19,949	19,949
NEXTIER OILFIELD SOLUTIONS INC CMN	8,942	8,942
NIKE CLASS-B CMN CLASS B	46,834	46,834
NORFOLK SOUTHERN CORP CMN	29,176	29,176
NUCOR CORPORATION CMN	18,229	18,229
NVIDIA CORPORATION CMN	94,409	94,409
NVIDIA CORPORATION CMN	145,290	145,290
ORION OFFICE REIT INC CMN	168	168
ORTHO CLINICAL DIAGNOSTICS HOL CMN	44,833	44,833
PACWEST BANCORP CMN	29,632	29,632
PALANTIR TECHNOLOGIES INC. CMN	1,530	1,530
PDC ENERGY INC CMN	19,366	19,366
PELOTON INTERACTIVE, INC. CMN CLASS A	787	787
PERKINELMER, INC CMN	3,619	3,619
PETIQ INC CMN	23,914	23,914
PINTEREST INC CMN CLASS A	2,581	2,581
POOL CORP CMN	3,396	3,396
PQ GROUP HOLDINGS INC. CMN	8,847	8,847
PREFERRED BANK CMN	13,640	13,640
PROASSURANCE CORPORATION CMN	23,297	23,297
PROSUS NV SPONSORED ADR CMN	48,148	48,148
RAYMOND JAMES FINANCIAL, INC. CMN	9,237	9,237
REALOGY HLDGS CORP CMN	25,568	25,568
RESIDEO TECHNOLOGIES INC. CMN	20,486	20,486
RLJ LODGING TRUST CMN	93,816	93,816
RYMAN HOSPITALITY PPTYS INC CMN	66,763	66,763
SAFRAN SA SPONSORED ADR CMN	73,888	73,888
SBA COMMUNICATIONS CORPORATION CMN	78,193	78,193
SPLUNK INC CMN	694	694
SPLUNK INC CMN	190,012	190,012
STEELCASE INC. CLASS A COMMON STOCK	12,150	12,150
STERIS PUBLIC LIMITED COMPANY CMN	4,138	4,138
SYLVAMO CORPORATION CMN	558	558
T. ROWE PRICE GROUP, INC. CMN	14,158	14,158
TD SYNNEX CORP CMN	41,398	41,398
TEGNA INC. CMN	40,034	40,034
TELADOC HEALTH INC CMN	4,591	4,591
TELEFLEX INC. CMN	2,299	2,299
TERRENO REALTY CORPORATION CMN	50,436	50,436
THE HOME DEPOT, INC. CMN	17,430	17,430
THE WILLIAMS COMPANIES, INC. CMN	11,458	11,458
TRAVEL + LEISURE CO. CMN	28,906	28,906
TURNING POINT BRANDS INC CMN	12,410	12,410
TWITTER, INC. CMN	4,625	4,625
TYLER TECHNOLOGIES, INC. CMN	3,766	3,766
U.S. BANCORP CMN	45,644	45,644
UPSTART HOLDINGS, INC. CMN	219,385	219,385
VALLEY NATIONAL BANCORP CMN	31,920	31,920
VANGUARD FTSE EMERGING MKTS ETF	1,890,856	1,890,856
VENTAS, INC. CMN	60,285	60,285
VIAD CORP CMN	7,702	7,702
VMWARE, INC. CMN CLASS A	7,532	7,532
WABASH NATIONAL CORP. CMN	15,987	15,987
WATERS CORPORATION COMMON STOCK	745	745
WELLTOWER INC. CMN	69,388	69,388
WERNER ENTERPRISES, INC. CMN	12,232	12,232
WEWORK INC CMN	11,429	11,429
WHITING PETROLEUM CORPORATION CMN	15,847	15,847
WINTRUST FINANCIAL CORP CMN	13,532	13,532
WORKDAY, INC. CMN CLASS A	6,010	6,010
ZOOMINFO TECHNOLOGIES INC CMN	23,446	23,446

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES
b	PUBLICLY TRADED SECURITIES
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	8,263,258	7,563,031	700,227
b	8,295,106	7,271,310	1,023,796
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			700,227
b			1,023,796
c
d
e

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	THE MUSICAL INSTRUMENT MUSEUM (MIM) ENRICHES OUR WORLD BY COLLECTING, PRESERVING, AND MAKING ACCESSIBLE AN ASTONISHING VARIETY OF MUSICAL INSTRUMENTS AND PERFORMANCE VIDEOS FROM EVERY COUNTRY IN THE WORLD. MIM OFFERS GUESTS A WELCOMING AND FUN EXPERIENCE, INCOMPARABLE INTERACTIVE TECHNOLOGY, DYNAMIC PROGRAMMING, AND EXCEPTIONAL MUSICAL PERFORMANCES. MIM FOSTERS APPRECIATION OF THE WORLD'S DIVERSE CULTURES BY SHOWING HOW WE INNOVATE, ADAPT, AND LEARN FROM EACH OTHER TO CREATE MUSIC THE LANGUAGE OF THE SOUL.PRIMARY ACTIVITIES AND PROGRAMS:GALLERIES AND SPECIAL EXHIBITIONS: MORE THAN 300 DISPLAYS WITH STATE-OF-THE-ART AUDIO-VISUAL TECHNOLOGY IMMERSE GUESTS IN MUSIC FROM OVER 200 COUNTRIES AND TERRITORIES. TEMPORARY SPECIAL EXHIBITIONS DIVE DEEPER INTO MUSICAL TOPICS THROUGH ORIGINAL STORYTELLING. (CONTINUED ON FORM 990-PF, PART VIII-A, LINE 2)	14,690,663
2	EDUCATION PROGRAMS: PEOPLE OF ALL AGES LEARN THROUGH MUSIC AT MIM. EDUCATION OFFERINGS INCLUDE CHILDREN'S CLASSES THAT SERVED NEARLY 2,500 PARTICIPANTS IN 2021 AND A FIELD TRIP PROGRAM THAT TYPICALLY WELCOMES 70,000 PARTICIPANTS ANNUALLY. WE ALSO OFFER INNOVATIVE VIRTUAL PROGRAMS FOR STUDENTS AND SENIORS.MIM MUSIC THEATER: MIM OFFERS NEARLY 300 CONCERTS YEARLY IN AN INTIMATE, ACOUSTICALLY SUPERB ENVIRONMENT. PERFORMANCES ARE CURATED TO BRING THE GALLERIES TO LIFE, CONNECTING AUDIENCES TO DIVERSE LIVE PROGRAMMING FROM LOCAL, NATIONAL, AND INTERNATIONAL ARTISTS.PUBLIC PROGRAMS: WEEKEND SIGNATURE EVENTS BRING THE COMMUNITY TOGETHER TO CELEBRATE WORLD CULTURES, MUSICAL GENRES, AND ICONIC ARTISTS. MIM SAW AN AVERAGE EVENT PARTICIPATION OF AROUND 1,100 GUESTS OVER EACH TWO-DAY PROGRAM IN 2021.	0
3


4

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......
f Total of lines 3a through e ........
4Qualifying distributions for 2021 from Part
XI, line 4: $
a Applied to 2020, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2021 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2021.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....
e Excess from 2021....

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1,641,531	5,374,787	5,374,787
	2	Savings and temporary cash investments.........	10,130,661	10,126,290	10,126,290
	3	Accounts receivable 1,677
		Less: allowance for doubtful accounts	62,186	1,677	1,677
	4	Pledges receivable 1,347,622
		Less: allowance for doubtful accounts	508,099	1,347,622	1,347,622
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............	397,141	358,440	358,440
	9	Prepaid expenses and deferred charges..........	308,538	236,584	236,584
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	23,537,335	60,392,185	60,392,185
	c	Investments—corporate bonds (attach schedule).......	12,975,670	14,381,104	14,381,104
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	5,119,474	5,357,110	5,357,110
	14	Land, buildings, and equipment: basis 132,535,410
		Less: accumulated depreciation (attach schedule) 63,998,655	72,257,116	68,536,755	68,536,755
	15	Other assets (describe )	854,906	854,753	854,753
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	127,792,657	166,967,307	166,967,307
	17	Accounts payable and accrued expenses..........	449,062	469,406
	18	Grants payable.................
	19	Deferred revenue.................	252,623	485,138
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	212,551	233,129
	23	Total liabilities (add lines 17 through 22).........	914,236	1,187,673
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	76,914,334	77,979,318
	25	Net assets with donor restrictions............	49,964,087	87,800,316
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	126,878,421	165,779,634
	30	Total liabilities and net assets/fund balances (see instructions).	127,792,657	166,967,307


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
MANUEL JORDAN	DEPUTY DIRECTOR AND 40.00	190,500	14,628	0
4725 E MAYO BLVD PHOENIX,AZ85050	DEPUTY DIRECTOR AND 40.00	190,500	14,628	0
LACEY HAUSER	RETAIL MANAGER 40.00	97,500	26,406	0
4725 E MAYO BLVD PHOENIX,AZ85050	RETAIL MANAGER 40.00	97,500	26,406	0
DAVID WILBUR	IT MANAGER 40.00	86,890	25,256	0
4725 E MAYO BLVD PHOENIX,AZ85050	IT MANAGER 40.00	86,890	25,256	0
KATHARINE RUNYAN	CREATIVE DIRECTOR 40.00	87,810	23,507	0
4725 E MAYO BLVD PHOENIX,AZ85050	CREATIVE DIRECTOR 40.00	87,810	23,507	0
BRIAN P DREDLA	DIRECTOR OF EDUCATIO 40.00	96,500	11,422	0
4725 E MAYO BLVD PHOENIX,AZ85050	DIRECTOR OF EDUCATIO 40.00	96,500	11,422	0
Total number of other employees paid over $50,000...................				47

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
SENNHEISER ELECTRONIC CORPORATION	TECH R & D	455,820
PO BOX 416611 BOSTON,MA022416611	TECH R & D	455,820
OPENWORKS	JANITORIAL SERVICES	297,996
PO BOX 29088 PHOENIX,AZ85038	JANITORIAL SERVICES	297,996
ALLIED UNIVERSAL SECURITY SERVICES	SECURITY PERSONNEL SERVICES	114,544
PO BOX 31001-2374 PASADENA,CA91110	SECURITY PERSONNEL SERVICES	114,544
ROBERT GENEREUX	TECH SUPPORT	99,893
1119 48TH AVENUE MONTREAL,QUEBECH1A2Y3 CA	TECH SUPPORT	99,893
PRISMA GRAPHIC CORPORATION	PRINTING SERVICES	84,785
PO BOX 933047 ATLANTA,GA311933047	PRINTING SERVICES	84,785

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CHANDLER UNIFIED SCHOOL DISTRICT 1525 W FRYE RD CHANDLER,AZ852246178		GOV	TRANSPORTATION STIPEND	1,100
GLENDALE ELEMENTARY SCHOOL 7301 N 58TH AVE GLENDALE,AZ85301		GOV	TRANSPORTATION STIPEND	1,200
MESA PUBLIC SCHOOLS 63 EAST MAIN STREET MESA,AZ85201		GOV	TRANSPORTATION STIPEND	1,200
PARADISE VALLEY UNIFIED SCHOOL DISTRICT 15002 N PHOENIX,AZ85050		GOV	TRANSPORTATION STIPEND	1,000
PHOENIX UNION HIGH SCHOOL DISTRICT 4525 N CENTRAL AVENUE PHOENIX,AZ85012		GOV	TRANSPORTATION STIPEND	500
Total ................................. 3a				5,000

bApproved for future payment

Total ................................. 3b				0

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	1,724,023
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory			18	476,194
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		3,437,296	3,857,489

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1A	ACCESS TO THE MUSEUM'S EXHIBITS
1B	ACCESS TO THE MUSEUM'S MUSIC THEATER
1C	ACCESS TO THE MUSEUM'S OTHER PROGRAMS
1D	ACCESS TO THE MUSEUM'S EXHIBITS

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
BROAD STREET REAL ESTATE CREDIT PARTNERS III	FMV	159,809	159,809
GOLDMAN SACHS PRIVATE MIDDLE MARKET CREDIT II LLC	FMV	499,705	499,705
GOLDMAN SACHS RENEWABLE POWER LLC	FMV	478,432	478,432
US REAL PROPERTY INCOME FUND	FMV	1,711,610	1,711,610
WEST STREET STRATEGIC SOLUTIONS OFFSHORE FEEDER FUND I, LLC	FMV	294,620	294,620
GS COMMODITY STRATEGY FUND CLASS P	FMV	1,993,918	1,993,918
SLR HEALTHCARE (BDC) ACCESS LP	FMV	137,789	137,789
ARES DIRECT LENDING OPPORTUNITIES ACCESS PARALLEL LLC	FMV	81,227	81,227

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
LAND	14,586,850	0	14,586,850	14,586,850
FURNITURE & EQUIPMENT	11,003,340	9,653,944	1,349,396	1,349,396
LEASEHOLD IMPROVEMENT	149,458	149,458	0
SOFTWARE	687,916	634,754	53,162	53,162
VEHICLES	89,065	72,415	16,650	16,650
BUILDING	103,244,523	53,309,503	49,935,020	49,935,020
LAND IMPROVEMENTS	826,526	178,581	647,945	647,945
CONSTRUCTION IN PROGRESS	474,131	0	474,131	474,131
ASSETS NOT YET IN SERVICE	1,473,601	0	1,473,601	1,473,601

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
SECURITY DEPOSIT	4,400	4,400	4,400
OTHER ASSETS	493,478	475,703	475,703
CHARITABLE REMAINDER TRUST	357,028	374,650	374,650

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
POSTAGE & SHIPPING	190,731	190,731
ADVERTISING & MARKETING	347,500	347,500
CONCERT	839,008	839,008
MISCELLANEOUS	763,307	787,925
MUSICAL INSTRUMENT PURCHASES	604,344	604,344
SOFTWARE	198,730	198,730
INSURANCE	136,029	93,248

Description	Revenue And Expenses Per Books	Adjusted Net Income
MUSEUM ADMISSION	2,313,764	2,313,764
MUSIC THEATER	1,188,895	1,188,895
OTHER PROGRAM REVENUE	42,643	42,643
MEMBERSHIPS	312,187	312,187

Description	Beginning of Year - Book Value	End of Year - Book Value
CUSTOMER & EVENT DEPOSITS	1,048	1,483
OTHER LIABILITIES	211,503	231,646

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER PROFESSIONAL SERVICE	152,577	0	0	134,802
INVESTMENT FEES	296,052	296,052	0	0