2024-04-02T08:43:04-05:00 2023-06-30 020417217 Leone McDonnell & Roberts PA 5 Nelson Street Dover NH 03820 990 2022-07-01 020403452 Friends of The Music Hall FRIE 6034333100 28 Chestnut Street Portsmouth NH 03801 Tina Sawtelle Executive Director 6034333100 2024-04-01 1 Tina Sawtelle XXX-XX-XXXX 1 Paula J DePlanche CPA P00433746 6037492700 2024-04-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z The Music Hall Tina Sawtelle 28 Chestnut Street Portsmouth NH 03801 8983420 0 X themusichall.org X 1986 NH Educational and cultural community enrichment. 23 23 84 334 0 0 4485024 2669085 1760428 4681146 -388135 -3044 202879 555354 6060196 7902541 0 0 0 0 2009449 2302687 0 0 409314 2645170 5266126 4654619 7568813 1405577 333728 11111524 12977731 1487827 3019709 9623697 9958022 X The Music Hall (TMH) is a community-supported, nonprofit live entertainment venue with acclaimed film, music, theater, literary, and dance performances in two theaters in downtown Portsmouth, NH. Its 900-seat Historic Theater, built in 1878, is the oldest in NH. Its second venue, built in 2011 and renovated in 2022, is The Lounge, a modern 116-seat cabaret seated venue. In addition to presenting diverse and relevant programming, TMH hosts community fundraisers and celebrations and partners with more than 60 local nonprofits. In a typical year, TMH offers 52 weeks of programming (just under 600 events), engages over 100,000 patrons in the arts and learning, and contributes nearly $12 million to the local economy through show- and visitor-related spending (according to the Americans for the Arts "Arts and Economic Prosperity" survey). 0 0 5772416 5143747 To provide a facility for performing arts organizations and present theater, music, dance, and films for the cultural enrichment of the community. 5772416 1 1 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 84 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NH X Suzanne Patrakis 6034333100 28 Chestnut Street Portsmouth NH 03801 Tim Allison Board 1.00 X 0 0 0 Jude Blake Secretary 1.00 X X 0 0 0 Megan Davis Board 1.00 X 0 0 0 Blair Demers Board 1.00 X 0 0 0 Paul Durham Vice Chair 1.00 X X 0 0 0 Cynthia Fenneman Board 1.00 X 0 0 0 Maureen Flaherty Board 1.00 X 0 0 0 Stephen Gaykan Board 1.00 X 0 0 0 Bev Giblin Board 1.00 X 0 0 0 Jim Hamilton Board 1.00 X 0 0 0 Dawn Heffron Board 1.00 X 0 0 0 Jeff Johnston Chair 1.00 X 0 0 0 Eric MacDonald Board 1.00 X 0 0 0 Hope Martin Treasurer 1.00 X X 0 0 0 Jay McFarland Chair 1.00 X X 0 0 0 Cori McGrath Board 1.00 X 0 0 0 Jessica McKeon Board 1.00 X 0 0 0 Amy McLaughlin Board 1.00 X 0 0 0 Cathy Nickerson Board 1.00 X 0 0 0 Vicki O'Dowd Board 1.00 X 0 0 0 Tara Rutman Board 1.00 X 0 0 0 Eben Tormey Board 1.00 X 0 0 0 Brendan Vesey Board 1.00 X 0 0 0 Suzanne Patrakis Director of Finance 40.00 X 67807 0 5970 Tina Sawtelle Executive Director 50.00 X 195066 0 4414 Mary Beth Johnson Director of Development 40.00 X 137868 0 3538 400741 0 13922 2 0 1 0 Auger Building Co 255 Portsmouth Ave Greenland NH 03840 Construction/Renovations 808579 Wasserman Music LLC 140 Broadway 26th Floor New York NY 10005 Artist Shows/Productions 171750 FB Productions 96 Crestview Dr South Portland ME 04106 Artist Shows/Productions 164346 Chinburg Builders Inc 3 Penstock Way Newmarket NH 03857 Construction/Renovations 163311 Paris Not Fance Inc 40 Burton Hills Blvd Nashville TN 37215 Artist Shows/Productions 154000 5 18323 2650762 2669085 Event Sales 711300 4568754 4568754 Playbill Sponsorship R 711300 112392 112392 4681146 27287 27287 355577 106291 249286 249286 249286 30331 -30331 -30331 -30331 489788 397035 92753 92753 756291 547222 209069 209069 Other Revenue 711300 4246 4246 4246 7902541 5143747 0 89709 204045 102023 51011 51011 1797107 867124 699344 230639 134906 53897 74250 6759 166629 92932 52257 21440 16453 16453 35775 35775 18722 18722 421700 307076 108971 5653 47405 5491 32700 9214 151112 38253 74606 38253 14905 14905 238324 206979 31345 71090 10158 57173 3759 4430 4430 461069 461069 79911 57155 22756 Production Costs 3377347 3377347 Credit card/Bank fees 144652 144652 Other expenses 119053 7591 111462 Other fundraising costs 24738 24738 39440 21334 258 17848 7568813 5772416 1387083 409314 2886530 2883110 333534 333004 277032 139964 51471 122409 199919 462185 12382181 4410076 7205195 7972105 157843 1064954 11111524 12977731 357141 159340 1012182 1891139 111801 85852 6703 883378 1487827 3019709 X 9250454 8855674 373243 1102348 9623697 9958022 11111524 12977731 333728 597 0 X X 0 1 X 1 0 X 2369343 2124956 3538122 4485024 2669085 15186530 2369343 2124956 3538122 4485024 2669085 15186530 15186530 300124 170773 57381 256211 382864 1167353 -2576 -3062 2290 2008 6273 4933 16358816 12039945 0.92830 0.92860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 0 110759 5694 4380 717 111356 124650 -8391 4781 719 110759 96605 33118 4390 683 124650 101347 -175 3888 679 96605 103050 2837 3860 680 101347 1 0 44660 44660 11260186 3332741 7927445 1077335 1077335 0 7972105 REFUNDABLE DEPOSITS 30587 AGENCY ENDOWMENT FUNDS - MARKET VAL 111355 NEW HAMPSHIRE COMMUNITY LOAN FUND 45572 Right of Use Assets, Operating 877440 1064954 Box Office Refunds 5938 Right of Use Liabilities, Operating 877440 883378 X 9173338 597 219652 1050548 1270797 7902541 0 7902541 8839013 219652 1050548 1270200 7568813 0 7568813 Part II, Line 3: There are no conservation easements acquired after 08/17/06. Part X, Line 2: Accounting Standard Codification No. 740 (ASC 740), Accounting for Income Taxes, established the minimum threshold for recognizing, and a system for measuring, the benefits of tax return positions in financial statements. The Organization has analyzed its tax position taken on its income tax returns and has concluded that no provision for income taxes is necessary in the Organization's financial statements. The Organization is subject for three years to income tax examinations by the United States Federal or State tax authorities. Part XI, Line 2d - Other Adjustments: Concessions Cost of Goods Sold and Rental Expenses 653,513. Fundraising Expenses 397,035. Part XII, Line 2d - Other Adjustments: Expenses Included in Form 990 Page 9, Part VIII 1,050,548. Exceptional Artist Fundraiser 392288 392288 320680 Special Projects Fundraiser 97500 97500 76355 489788 489788 397035 397035 92753 X 0 0 0 0 0 0 0 1 0 Tina Sawtelle Executive Director 160066 0 35000 0 0 0 0 0 4414 0 199480 0 0 0 Part I, Line 3 The executive committee of the full board reviews the executive director's compensation arrangement on an annual basis, taking into consideration compensation for similarly qualified persons in comparable positions and adjusts the executive director's compensation accordingly. Part I, Line 7 Bonus amount is determined by assessing a multitude of both financial and quality performance metrics. Eric Chinburg President and CEO of Chinburg Properties Former Board Member of the Music Hall 163311 The Music Hall entered into a construction contract with Chinburg Properties for capital improvements during FY2022, which carried into FY2023. 0 Vicki O'Dowd VP of Avery Insurance Board Member of the Music Hall 7215 Avery Insurance received a commission from The Music Hall's insurance premium payment during FY2023. 0 Bob Lord CEO of PARMA Recordings Board Member of the Music Hall 6364 The Music Hall paid PARMA Recordings for AV on-site installation and consulting services at the Lounge, and podcast filming/consultation. 0 Bob Lord Owner of Bob Lord Music Board Member of the Music Hall 1200 The Music Hall paid Bob Lord for services rendered as a musician. 0 Paul Durham Attorney at Sheehan Phinney Board Member of the Music Hall 8888 The Music Hall paid Sheehan Phinney for legal services performed during FY2023. 0 Ben Auger President of Auger Building Company Former Board Member of the Music Hall 808579 The Music Hall entered into a construction contract with Auger Building Company for capital improvements during FY2023. 0 Schedule L, Part IV, Business Transactions Involving Interested Persons: Chinburg Properties was selected after soliciting estimates, qualifications and schedule availability from other local contractors during FY2022. The selection process included a review of estimates and qualifications by The Music Hall's Facilities' committee which made the recommendation to the full board to select Chinburg Properties based on the contractor's familiarity in working with historic structures, relationship with The Music Hall's HVAC vendor, and competitive pricing. The Music Hall complied with the NH statutes and reporting of the pecuniary benefit transaction to the NH Charitable Trust Unit.Auger Building Company was selected after soliciting estimates, qualifications and schedule availability from other local contractors during FY2022 and FY2023. The selection process included a review of estimates and qualifications by The Music Hall's Facilities' committee which made the recommendation to the full board to select Auger Building Company based on the contractor's familiarity in working with historic structures and competitive pricing. Form 990, Part III, Line 1 Continuation TMH's mission is to invigorate audiences, nurture healthy communities, and drive economic vitality in the region, stewarding our Historic Theater and delivering high-quality entertainment, lifelong learning, and shared experiences in our venues. The 2022-23 Season was a successful year for The Music Hall. Though we just adopted a new Strategic Plan in January 2023, we have already made a positive impact on our community through progress on our first strategic initiative to Deliver a First-Class Patron Experience & Build New Audiences. Between July 2022 and June 2023, with 52 weeks of programming, The Music Hall (TMH) provided hundreds of opportunities for people to share experiences and connect with one another through the arts. Thanks to carefully crafted programming and marketing efforts, this included welcoming regular patrons, reengaging patrons who've not been to the theater in some time, and attracting new patrons who have never before visited, with attendance totaling 91,327. Nearly 11,000 of those patrons were first time visitors. Throughout the reporting period, The Music Hall continued its tradition of offering a diverse range of high-quality performances, educational programs, and cultural events. Our activities can be summarized as follows: Fundraising: To ensure access to our offerings for our Seacoast community, The Music Hall operates a number of initiatives designed to make programming and our physical spaces affordable and accessible to all, initiatives supported by dedicated fundraising campaigns. The Music Hall actively engaged in fundraising initiatives during the year, soliciting contributions from individuals, corporations, and foundations. These funds were crucial for sustaining the operations of The Music Hall and represent 30% of the annual operating income. In FY23 The Music Hall launched a new fundraising event, specifically with the goal of raising funds to support our ability to present artists early in their careers and on their way to the national stage: the Emerging Artist Benefit Concert. We were incredibly fortunate to host Music Hall fan-favorite Brandi Carlile for the inaugural Emerging Artist Benefit Concert in February 2023 - fresh off her blazing performance at the 65th Annual Grammy Awards, where she took home three of the coveted trophies. Carlile was the ideal person to launch the Emerging Artist Benefit Concert series because of her personal connections to the organization and its mission. Community Outreach: The Music Hall organized and supported a variety of community outreach programs in 2022-23, making the performing arts accessible to a wide and diverse audience. A primary focus this year was the expansion of our Give the Gift of Magic campaign to provide complimentary tickets to neighbors in need, which we grew from a holiday-focused effort to a year round initiative, and as a result significantly increased the numbers served to nearly 600. Through Give the Gift we welcomed 243 people to the Ogunquit Playhouse at The Music Hall's production of Elf the Musical and 235 people to Million Dollar Quartet, plus another 120 who came for other events, including comedians, authors, musicians, and more. The Music Hall also created opportunities for students to meet and engage with professional artists including Grammy-winner Brandi Carlile, who met with emerging artists from the Portsmouth Music & Art Center, and members of Camille A. Brown & Dancers who led a workshop for students from the University of New Hampshire. By collaborating with arts and social service organizations we were able to pool our resources to address our missions. The Music Hall worked with 60 community partners this year; noteworthy efforts include collaborations with: Gather (our 9th annual Fill the Hall food drive), Black Heritage Trail of New Hampshire (Juneteenth programming), Ogunquit Playhouse (adding a second production to our annual partnership in an effort to reclaim revenues lost due to the pandemic), Prescott Park Arts Festival (serving as an official rain venue for 6 of their largest shows), and the New Hampshire Film Festival (building on our traditional role as a venue by providing administrative support). Program Accomplishments: The Music Hall has achieved significant accomplishments over the reporting period. These accomplishments reflect our ongoing commitment to the promotion and support of the performing arts: Artistic Excellence: The Music Hall curated an exceptional lineup, offering more than 350 events, including 125+ films and more than 75 live performances in the Historic Theater as well as another approximately 150 live events in The Lounge. Live events featured musicians from many genres, authors, comedians, dancers, and thought leaders. These programs brought cultural enrichment to the community and contributed to the preservation of the arts. Approximately one third of these shows were sold out or nearly sold out (90% sold or greater). The range of genres presented and ticket prices offered helped TMH work toward our goal of attracting broad audiences and serving greater numbers of residents. As a reflection of our commitment to remain financially accessible, the average price for a ticket to an event at The Music Hall in 2022-23 was just $47; prices for shows in The Lounge started at $8, while shows in the Historic Theater started at $14 (excluding free ticket initiatives). Educational Initiatives: For more than 25 years, TMH has been introducing thousands of school children to the joys of the performing arts. In 2022-23 we welcomed nearly 3,000 students from 22 schools for three separate programs. Dedicated fundraising campaigns helped to maintain our low $8 ticket price, and thanks to our scholarship fund, 226 students received complimentary tickets and transportation reimbursements. Students came to TMH from across the region, with one school group driving nearly 35 miles and another group walking just .3 miles down the street. To ensure access to a broad population, we've been working to extend our homeschool network. In the 2023-24 season, we have six programs scheduled, marking a return to pre-pandemic numbers when we would serve 8,000 students annually. Historic Preservation and Facilities Improvement: The Music Hall continues work in preserving the integrity of our historic facilities. In 2022-23, thanks to a dedicated fundraising campaign, we addressed our outdated artist hospitality facilities. The newly renovated space is now multi-functional, with a comfortable artist hospitality area as well as a kitchen, laundry, and additional office and production flex space. These and other capital projects and improvements were undertaken to ensure the venue remains a cultural treasure for generations to come. The Music Hall also invested in our smaller venue, formerly known as The Loft. Following work to enhance appearances as well as function, we reopened the space as The Lounge in July 2022, with an open concept, cabaret-style layout that can seat just over 100 people. Patron and artist response has been incredibly positive. Financial Summary: The financial health of The Music Hall remains robust. In FY23 The Music Hall strove to recover revenues lost due to the pandemic (i.e. the reduction in sponsorships, limited film programming and thus audiences, a lack of author tours and literary events) by increasing programming volume and piloting an extension of our partnership with the Ogunquit Playhouse, collaborating on a spring production, Million Dollar Quartet, to augment the success of our annual holiday production. We operated with transparency and efficiency, ensuring that the majority of funds raised were directed towards supporting The Music Hall's programming and mission. Our commitment to financial responsibility has allowed us to maintain a strong balance sheet and sustain our efforts in the long term. Future Outlook: Looking ahead, with the guidance of our 2023-2025 Strategic Plan, The Music Hall is poised to pursue our vision to enrich, entertain, and inspire all through world-renowned and community-based programming in our beloved gathering spaces. We will continue to seek partnerships, engage the community, and explore innovative ways to enhance the cultural vitality of Portsmouth and the surrounding region. We remain committed to preserving the historic legacy of The Music Hall and making the performing arts an accessible and enriching experience for all. In conclusion, The Music Hall is proud of the accomplishments and progress made during the reporting period. We are grateful for the continued support of our donors, volunteers, and the entire Portsmouth community. Together, we will continue to celebrate the performing arts and ensure that The Music Hall remains a cornerstone of cultural life in our region. Form 990, Part VI, Section B, line 11b The Director of Finance and members of the finance committee work with the auditors, who prepare the form, to finalize the document and supporting schedules. A copy of the final 990 is submitted to the board of directors for review before its filing. Form 990, Part VI, Section B, line 12c The organization has a conflict of interest provision in its bylaws and annually asks for the board of directors to disclose any potential conflicts in writing. Form 990, Part VI, Section B, line 15a The executive committee of the full board reviews the Executive Director's compensation arrangement on an annual basis, taking into consideration compensation for similarly qualified persons in comparable positions and adjusts the Executive Director's compensation accordingly. Form 990, Part VI, Section C, line 19 The organization makes its governing documents and financial statements available to the public upon request. Form 990 The finance committee and the board are responsible for overseeing the audit of the financial statements and selection of an independent accountant. This process has not changed from the prior year.