• Shape music professionals to cultive a broad, rich and active musical life.

• Inspire musical composition and creation in Puerto Rico.

• Educate and prepare music teachers for the schools in Puerto Rico

• Expand, develop and maintain the knowledge provided by professional musicians of Puerto Rico.

• Provide the Puerto Rican community, formative programs in music, that allow children, young people and adults to discover and develop their musical and artistic talent.

The general index of retention of the Conservatory is of approximately 90%. 95% of new students are retained. 75% of the graduates are working in areas related to their studies or graduate studies outside of Puerto Rico.

Statistical Data	2010	2011	2012
Concerts Assistance	25,000	25,000	25,000
Concerts and other activities	325	325	325
Non university registration	1,450	1,450	1,450
University Registration	550	550	550

Customers

Students with high school diplomas who aspire to a professional career in music, as well as music professionals who want to expand and update their knowledge. 31% are transfer students from other universities and 7% are international students.

The Preparatory School clientele is made up of children, youth and adults of all ages who desire to discover, form and develop their musical talents.

Human Resources

Authorized and Proposed Positions	2009	2010	2011	2012
Managerial,Technical, Administrative, and Office Staff	42	40	40	39
Teachers	147	166	166	166
Other staff	21	22	22	22
Total, Positions	210	228	228	227

FISCAL YEAR 2011-2012 ADOPTED BUDGET

The adopted consolidated budget for the fiscal year 2011-2012 is $8,372,000. The resources included are: $5,023,000 from the Joint Resolution of the General Fund, $1,000,000 from Special Appropriation General Fund, $175,000 from State Special Funds, $2,050,000 from Revenues from Internal Sources and $124,000 from Other Income.

The Operational Expenses reflect a decrease of $2,408,000, in comparison with the assigned resources for the fiscal year 2010-2011. This is due to the termination of non-recurrent funds of the Reinvestment Program and Federal Economic Stimulus (ARRA) and the corresponding economies associated with ACT No. 79 of July 2, 2010.

The resources of the Joint Resolution of the General Fund will be used to cover operational expenses and payroll. A Special Appropiations Fund will be used to continue the work related to 100 x 35 music project which looks to create youth choirs and orchestras with the goal of reaching social transformation through music and creativity. This initiative is directed at low income sectors. During the year 2010 the pilot project had 200 students of public housing projects and communities of San Juan. This project is sustained with funds from the Prevention Program of the Administration of Public Housing (APH) and the federal Department of Housing and Urban Development (HUD).

10% of the event revenues is allocated to the state special fund, according to provisions in Law Num. 280 of Sept. 1, 2000.

Revenues from Internal Sources from tuition fees will be used to defray operational expenses.

SUMMARY OF AVAILABLE RESOURCES