2024-05-06T15:39:19-05:00 2023-09-30 420714325 RSM US LLP 8182 MARYLAND AVENUE SUITE 900 ST LOUIS MO 63105 990 2022-10-01 430662485 MUNICIPAL THEATRE ASSOCIATION OF ST LOUIS MUNI 3143611900 1 THEATRE DRIVE ST LOUIS MO 63112 TAMMY MCKIM CFO 3143611900 2024-05-06 1 TAMMY MCKIM 999009999 0 JENIFER L CHASE P01306883 5638884000 2024-05-03 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THE MUNY TAMMY MCKIM 1 THEATER DRIVE ST LOUIS MO 63112 38862894 0 X WWW.MUNY.ORG X 1919 MO THE MUNY IS A NON-PROFIT 501(C)(3) ORGANIZATION WHOSE MISSION IS TO ENRICH LIVES BY PRODUCING EXCEPTIONAL MUSICAL THEATRE ACCESSIBLE TO ALL, CONTINUING ITS REMARKABLE TRADITION IN FOREST PARK. 55 54 995 92 157730 0 12899223 8484928 15680069 16809000 2931101 1120811 2234665 1427972 33745058 27842711 0 0 0 0 15013191 15018563 0 0 477999 11756853 13580235 26770044 28598798 6975014 -756087 117287799 117012609 20480826 17372062 96806973 99640547 THE MUNY IS A NON-PROFIT 501(C)(3) ORGANIZATION WHOSE MISSION IS TO ENRICH LIVES BY PRODUCING EXCEPTIONAL MUSICAL THEATRE ACCESSIBLE TO ALL, CONTINUING ITS REMARKABLE TRADITION IN FOREST PARK. 0 0 18993531 0 14406670 THE ORGANIZATION PROVIDED 7 THEATRICAL PERFORMANCES TO THE GENERAL PUBLIC IN AN OUTDOOR THEATER IN ST. LOUIS, MISSOURI. DURING THE SEASON, 339,488 PEOPLE ATTENDED 50 PERFORMANCES INCLUDING 72,900 ADMITTED TO THE TRADITIONAL FREE SEATS. 1796588 0 2244600 CONCESSIONS WHICH PROVIDE REFRESHMENTS AND SOUVENIRS FOR THE CONVENIENCE OF THEATRE PATRONS. 256316 0 157730 PROGRAMS ARE PRODUCED FOR EACH PERFORMANCE AND FUNDED THROUGH THE SALE OF ADVERTISING. 21046435 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 148 0 1 995 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 55 54 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X TAMMY MCKIM 3143611900 1 THEATRE DRIVE ST LOUIS MO 63112 BENJAMIN AKANDE MEMBER 1.00 X 0 0 0 MARY V ATKIN MEMBER 1.00 X 0 0 0 ANDREW S BAUR MEMBER 1.00 X 0 0 0 WARNER L BAXTER MEMBER 1.00 X 0 0 0 ANNA REBY BERTMAN TREASURER 1.00 X X 0 0 0 SUZANNE S BRAUER MEMBER 1.00 X 0 0 0 EDWIN B BROADHURST III SECRETARY/FORMER ASSISTANT TREASURER 1.00 X X 0 0 0 LOUIS A CELLA MEMBER 1.00 X 0 0 0 ROBERT J CIAPCIAK MEMBER 1.00 X 0 0 0 PARKER B CONDIE JR MEMBER 1.00 X 0 0 0 CLARK S DAVIS MEMBER 1.00 X 0 0 0 DAVID N FARR FORMER MEMBER 1.00 X 0 0 0 STEVEN L FINERTY MEMBER 1.00 X 0 0 0 JUNE MCALLISTER FOWLER MEMBER/FORMER SECRETARY 1.00 X X 0 0 0 CHRISTOPHER GAGLIANO MEMBER 1.00 X 0 0 0 JASMINA HADZIALIC MEMBER 1.00 X 0 0 0 E DOUGLAS HARBISON MEMBER 1.00 X 0 0 0 TRACY E HART VICE CHAIRMAN 1.00 X X 0 0 0 NANCY M HAWES MEMBER 1.00 X 0 0 0 ROBERT R HERMANN JR FORMER MEMBER 1.00 X 0 0 0 DAVID A HOGAN MEMBER 1.00 X 0 0 0 DAVID M HOLLO MEMBER 1.00 X 0 0 0 RICK HOLTON JR MEMBER 1.00 X 0 0 0 CELIA L HOSLER MEMBER 1.00 X 0 0 0 GREGORY A IKEN MEMBER 1.00 X 0 0 0 JOSEPH F IMBS III FORMER MEMBER 1.00 X 0 0 0 HOPE WELLES JERNAGAN MEMBER 1.00 X 0 0 0 STEVEN T JOHNSTON MEMBER 1.00 X 0 0 0 GRACE JONES MEMBER 1.00 X 0 0 0 OPAL M JONES ASSISTANT TREASURER 1.00 X X 0 0 0 ASHLEY B KEMPER MEMBER 1.00 X 0 0 0 TIMOTHY J KERTZ MEMBER 1.00 X 0 0 0 CHRISTOPHER A KOSTER MEMBER 1.00 X 0 0 0 JOHN W LEMKEMEIER CHAIR/FORMER VICE CHAIRMAN 1.00 X X 0 0 0 DAVIDA LICHTENSTEIN-GRINDSTAFF MEMBER 1.00 X 0 0 0 KATHRYN E LOVE MEMBER 1.00 X 0 0 0 MICHAEL LOYND MEMBER 1.00 X 0 0 0 W STEPHEN MARITZ FORMER MEMBER 1.00 X 0 0 0 DEREK L MARTIN MEMBER 1.00 X 0 0 0 RICHARD H MCCLURE MEMBER 1.00 X 0 0 0 ART J MCCOY MEMBER 1.00 X 0 0 0 MICHAEL P MCMILLAN MEMBER/FORMER ASSISTANT SECRETARY 1.00 X X 0 0 0 RICHARD L NIX JR MEMBER 1.00 X 0 0 0 HENRY B PFLAGER III MEMBER 1.00 X 0 0 0 KITTY MCDONNELL PIPOLI MEMBER 1.00 X 0 0 0 STEVEN C ROBERTS FORMER MEMBER 1.00 X 0 0 0 WILLIAM N SCHEFFEL MEMBER/FORMER TREASURER 1.00 X X 0 0 0 ELIZABETH J SCHLESINGER MEMBER 1.00 X 0 0 0 NICOLE SCHNUCK MEMBER 1.00 X 0 0 0 STEPHANIE SCHNUCK MEMBER 1.00 X 0 0 0 TERRY E SCHNUCK FORMER MEMBER 1.00 X 0 0 0 TAMARA SHEFFIELD MEMBER 1.00 X 0 0 0 SHERRY SISSAC ASSISTANT SECRETARY 1.00 X X 0 0 0 MICHELE R SOWERS MEMBER 1.00 X 0 0 0 LUCIE N SPRINGMEYER MEMBER 1.00 X 0 0 0 MARY ANN SRENCO MEMBER 1.00 X 0 0 0 CORI CUNNANE STEBELMAN MEMBER 1.00 X 0 0 0 MARY STEWARD MEMBER 1.00 X 0 0 0 JULIO F SUAREZ MEMBER 1.00 X 0 0 0 MICHAEL J TORNEY MEMBER 1.00 X 0 0 0 JAMES S TURLEY MEMBER/FORMER CHAIR 1.00 X X 0 0 0 KWOFE COLEMAN PRESIDENT & CEO 40.00 0.00 X 356250 0 6301 TAMMY MCKIM CHIEF FINANCIAL OFFICER 40.00 0.00 X 162044 0 8423 MIKE ISAACSON EXECUTIVE PRODUCER 40.00 0.00 X 295824 0 13009 SEAN SMITH DIRECTOR OF OPERATIONS 40.00 0.00 X 149118 0 10481 COURTNEY SIMMS DIRECTOR OF DEVELOPMENT 40.00 0.00 X 147024 0 13609 JOHN MEYER DIRECTOR OF HUMAN RESOURCES 40.00 0.00 X 143097 0 15861 TIM MCDONALD FACILITIES MANAGER 40.00 0.00 X 183971 0 61692 TRACY UTZMYERS PRODUCTION MANAGER 40.00 0.00 X 110631 0 7366 1547959 0 136742 13 0 1 0 0 2000000 6484928 125575 8484928 TICKET SALES 711110 14406670 14406670 CONCESSIONS 722210 2244600 2244600 PROGRAM ADVERTISING 541800 157730 157730 16809000 1138095 1138095 2683 2683 84519 0 84519 84519 84519 11002899 10951613 68570 51286 -68570 -17284 -17284 PENSION RELATED ADJUSTMENT 900099 933247 933247 TICKET HANDLING 561000 311328 311328 EDUCATION PROGRAMS 900099 96195 96195 1340770 27842711 15747440 157730 3452613 912974 345987 566987 10892453 8888596 1642489 361368 1045716 785570 259275 871 1360971 662562 688496 9913 806449 626166 155497 24786 91895 91895 524728 524728 2350 2350 597904 597904 407515 138222 266085 3208 143177 143177 197749 164312 33437 31375 30986 389 754150 754150 2413240 1907822 505418 THEATRICAL PRODUCTION 5722143 5573781 148353 9 REPAIRS & MAINTENANCE 989765 989765 MDSE CONCESSION 817696 817696 OTHER EXPENSES 348731 271276 77455 537817 537817 28598798 21046435 7074364 477999 1544200 1593128 20055539 15728632 2415886 737503 138365 196288 79373664 22530505 57361865 56843159 33895678 38069324 1876266 3844575 117287799 117012609 20255288 17103368 225538 268694 20480826 17372062 X 60847136 60489936 35959837 39150611 96806973 99640547 117287799 117012609 X -756087 3688067 -98406 X X 0 1 X 1 0 X 9979395 12446309 11721861 12899223 8484928 55531716 14828916 1743 8688317 15680069 16809000 56008045 24808311 12448052 20410178 28579292 25293928 111539761 684567 573796 255018 372082 225267 2110730 0 684567 573796 255018 372082 225267 2110730 109429031 779116 535289 620127 728516 1225297 3888345 779116 535289 620127 728516 1225297 3888345 50053 0 0 0 0 50053 277668 199226 2269895 2130204 1340770 6217763 25915148 13182567 23300200 31438012 27859995 121695922 0.89920 0.90390 0.03200 0.01910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37787915 705259 4838093 2152685 98031 41080551 41608157 4519961 -7935499 293744 110960 37787915 32888290 2801414 6286644 262846 105345 41608157 29376341 803042 2974656 168106 97643 32888290 26706814 1903162 990531 159536 64630 29376341 0.09927 0.73323 0.16751 0 0 65891773 16820073 49071700 9916487 4636132 5280355 3565404 1074300 2491104 56843159 ANNUITY PAYMENT LIABILITY 268694 268694 X 30567695 3688067 3688067 26879628 963083 963083 27842711 28667368 0 28667368 -68570 -68570 28598798 PART V, LINE 4: ENDOWMENT FUNDING IS VITAL TO OFF-SET ANY UNFORESEEN CIRCUMSTANCES AS WE WORK TO ACHIEVE STRATEGIC LONG-RANGE PLANS. IN THE EVENT THE ORGANIZATION EXPERIENCES A SURPLUS, WE WILL DESIGNATE INVESTMENT RETURNS IN SUPPORT OF SIGNIFICANT CAPITAL AND MAINTENANCE NEEDS OF OUR OVER 100 YEAR-OLD OUTDOOR MUSICAL THEATER. IN FY23, THE MUNY RESTATED ITS FORM 990, SCHEDULE D, PART V TO BE MORE CONSISTENT WITH THE AUDIT REPORT ENDOWMENT DISCLOSURE. PART X, LINE 2: THE MUNICIPAL THEATRE ASSOCIATION OF ST. LOUIS (THE ASSOCIATION) IS ORGANIZED UNDER THE GENERAL NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF MISSOURI AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR ANY UNRELATED BUSINESS INCOME ACTIVITIES. THE ASSOCIATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH ASC 740, INCOME TAXES. ASC 740-10 ADDRESSES THE DETERMINATION OF HOW TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER ASC 740-10, THE ASSOCIATION MUST RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. ASC 740-10 ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, ACCOUNTING IN INTERIM PERIODS AND REQUIRES INCREASED DISCLOSURE. AT SEPTEMBER 30, 2023 AND 2022, THE ASSOCIATION DOES NOT HAVE A LIABILITY FOR UNRECOGNIZED TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: PENSION RELATED ADJUSTMENT 933,247. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 98,406. REVENUE INCLUDED WITH EXPENSES FOR AUDIT PURPOSES -68,570. PART XII, LINE 4B - OTHER ADJUSTMENTS: REVENUE INCLUDED WITH EXPENSES FOR AUDIT PURPOSES -68,570. X X X 0 0 0 0 0 0 0 1 0 KWOFE COLEMAN PRESIDENT & CEO 331250 0 25000 0 0 0 0 0 6301 0 362551 0 0 0 MIKE ISAACSON EXECUTIVE PRODUCER 295824 0 0 0 0 0 0 0 13009 0 308833 0 0 0 TIM MCDONALD FACILITIES MANAGER 183971 0 0 0 0 0 34096 0 27596 0 245663 0 0 0 TAMMY MCKIM CHIEF FINANCIAL OFFICER 162044 0 0 0 0 0 0 0 8423 0 170467 0 0 0 COURTNEY SIMMS DIRECTOR OF DEVELOPMENT 147024 0 0 0 0 0 0 0 13609 0 160633 0 0 0 SEAN SMITH DIRECTOR OF OPERATIONS 149118 0 0 0 0 0 0 0 10481 0 159599 0 0 0 JOHN MEYER DIRECTOR OF HUMAN RESOURCES 143097 0 0 0 0 0 0 0 15861 0 158958 0 0 0 PART I, LINE 7 ANY NON-FIXED PAYMENTS ARE MADE AT THE DISCRETION OF THE PRESIDENT AND CEO BASED ON THE EMPLOYEE'S PERFORMANCE. PART II, COLUMN C: THE MUNICIPAL THEATRE ASSOCIATION OF ST. LOUIS HAS A NONCONTRIBUTORY DEFINED BENEFIT PLAN COVERING ALL FULL-TIME EMPLOYEES WHO MEET CRITERIA SPECIFIED BY THE PLAN. THE MUNY UTILIZES A THIRD-PARTY ACTUARY TO DETERMINE THE PLAN CONTRIBUTIONS AND ACTUARIAL VALUE EACH YEAR. ANNUAL INCREASES AND DECREASES IN ACTUARIAL VALUES, INCLUDING REASONABLE ESTIMATES, ARE NOT READILY AVAILABLE. THE TOTAL CHANGE IN VALUE IS RECOGNIZED IN MUNY'S AUDITED FINANCIALS REPORTED ON THE FORM 990. AMEREN CORPORATION SEE BELOW IN PART V 217063 AMEREN CORPORATION PROVIDES ELECTRIC DELIVERY SERVICE TO THE MUNICIPAL THEATRE ASSOCIATION OF ST.LOUIS. 0 FORM 990, SCHEDULE L, PART IV, COLUMN B: DESCRIPTION OF RELATIONSHIP - AMEREN CORPORATIONWARNER L. BAXTER SERVES AS A MEMBER OF THE MUNICIPAL THEATRE ASSOCIATION OF ST. LOUIS' BOARD AND IS THE CHAIRMAN, PRESIDENT, AND CEO OF AMEREN CORPORATION. X 8 125575 FAIR MARKET VALUE 0 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS ON THIS LINE. PART I, LINE 32B: THE MUNICIPAL THEATRE ASSOCIATION OF ST. LOUIS USES EDWARD JONES TO LIQUIDATE MARKETABLE SECURITIES. FORM 990, PART VI, SECTION A, LINE 2 ANNA BERTMAN HAS BUSINESS RELATIONSHIPS WITH ANDREW BAUR, STEVEN JOHNSTON, W. STEPHEN MARITZ, STEPHANIE SCHNUCK, AND JAMES S. TURLEY. STEVEN FINERTY HAS A BUSINESS RELATIONSHIP WITH MICHAEL TORNEY. STEPHANIE SCHNUCK HAS A BUSINESS RELATIONSHIP WITH TERRY SCHNUCK. ROBERT HERMANN JR. HAS A BUSINESS RELATIONSHIP WITH RICK HOLTON JR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO AND THE PRESIDENT/CEO. A COPY IS PROVIDED TO THE BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE MUNICIPAL THEATRE ASSOCIATION OF ST. LOUIS' CONFLICT OF INTEREST POLICY COVERS INTERESTED PERSONS DEFINED AS KEY EMPLOYEES, MEMBERS OF THE BOARD OF DIRECTORS, OR ANY MEMBER OF A COMMITTEE WHICH HAS BEEN DELEGATED POWER TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. INTERESTED PERSONS MUST DISCLOSE TO THE BOARD ALL MATERIAL FACTS CONCERNING THE POSSIBLE EXISTENCE OF A CONFLICT OF INTEREST. EACH DISCLOSURE SHALL BE FURNISHED TO MEMBERS OF THE AUDIT COMMITTEE AUTHORIZED TO REVIEW POTENTIAL CONFLICTS OF INTEREST. IT SHALL BE THE RESPONSIBILITY OF THE COMMITTEE TO REVIEW AND EVALUATE THE POTENTIAL CONFLICT AND TAKE ANY ACTION WHICH MAY BE NECESSARY OR DESIRABLE IN VIEW OF DISCLOSURE. THE INTERESTED PERSON SHALL NOT ATTEND THE MEETING OF THE COMMITTEE AT WHICH THE POTENTIAL CONFLICT WILL BE DISCUSSED AND ACTED UPON, UNLESS REQUESTED BY THE COMMITTEE CHAIR TO DO SO. IF THE INTERESTED PERSON IS REQUESTED TO ATTEND THE MEETING, HE OR SHE SHALL NOT PARTICIPATE IN OR BE PRESENT DURING ANY DISCUSSION REGARDING THE POTENTIAL CONFLICT, EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. THE INTERESTED PERSON MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND SHALL NOT BE PRESENT WHEN THE VOTE IS TAKEN. THE VOTE OF A MAJORITY OF THE COMMITTEE MEMBERS AND CONSTITUTING A QUORUM, AFTER REACHING A DECISION REGARDING WHETHER THE POTENTIAL CONFLICT, CONTRACT, TRANSACTION OR RELATIONSHIP IS DEEMED APPROPRIATE AND FAIR TO THE ORGANIZATION, WILL BE REQUIRED FOR APPROVAL. IN THE EVENT IT IS NOT ENTIRELY CLEAR THAT A CONFLICT OF INTEREST EXISTS, THE MATTER MAY BE SUBJECT TO FURTHER AUTHORIZATION BY THE BOARD OF DIRECTORS OR EXECUTIVE COMMITTEE AS MAY BE DEEMED NECESSARY OR DESIRABLE IN PARTICULAR CIRCUMSTANCES. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE MEETS ANNUALLY TO DETERMINE AND APPROVE THE CEO'S COMPENSATION. THEY REVIEW THE CEO'S PAST COMPENSATION HISTORY AND ALSO COMPARE IT TO OTHER CEOS IN SIMILAR AREAS IN THE MOST CURRENT YEAR AVAILABLE. MINUTES FROM THESE MEETINGS ARE KEPT AND PROVIDED TO PAYROLL FOR PAYMENTS TO BE MADE. THIS PROCESS LAST OCCURRED IN OCTOBER 2023. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -98,406. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR TAX YEAR.