2024-05-14T12:00:14-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-07-01 412017278 HENNEPIN THEATRE TRUST HENN 6124559500 900 HENNEPIN AVE MINNEAPOLIS MN 55403 TODD DUESING PRESIDENT/CEO 6124559500 2024-05-09 1 TODD DUESING 999009999 1 MACKENZIE MCNAUGHTON P02025805 6123764500 2024-05-03 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z TODD DUESING 900 HENNEPIN AVE MINNEAPOLIS MN 55403 45196465 0 X WWW.HENNEPINTHEATRETRUST.ORG X 2000 MN HENNEPIN THEATRE TRUST DRIVES CULTURAL AND ECONOMIC VITALITY IN MINNESOTA THROUGH LEADERSHIP OF THE DYNAMIC HENNEPIN THEATRE DISTRICT HENNEPIN THEATRE TRUST PROTECTS AND PRESERVES THE IMPORTANT HISTORIC THEATRE DISTRICT IN DOWNTOWN MINNEAPOLIS AND EDUCATIONAL PROGRAMMING THAT REACHES EVERY AREA OF THE STATE. 23 23 48 25 112246 0 15460974 6231746 21940200 38447961 1 234117 36173 173664 37437348 45087488 0 0 0 0 3642569 4485131 0 0 1068154 24789514 40482189 28432083 44967320 9005265 120168 31187926 31851113 17917206 18460225 13270720 13390888 X HENNEPIN THEATRE TRUST DRIVES CULTURAL AND ECONOMIC VITALITY IN MINNESOTA THROUGH LEADERSHIP OF THE DYNAMIC HENNEPIN THEATRE DISTRICT HENNEPIN THEATRE TRUST PROTECTS AND PRESERVES THE IMPORTANT HISTORIC THEATRE DISTRICT IN DOWNTOWN MINNEAPOLIS AND EDUCATIONAL PROGRAMMING THAT REACHES EVERY AREA OF THE STATE. 0 0 37703808 0 38224768 THEATRE PROGRAMMING:WE BRING BROADWAY'S LEADING PROFESSIONAL PRODUCTIONS TO MINNESOTA AUDIENCES. ANNUALLY, SHOWS SUCH AS HAMILTON, WICKED, FROZEN, DEAR EVAN HANSEN AND COME FROM AWAY ATTRACT NEARLY 550,000 PEOPLE TO DOWNTOWN MINNEAPOLIS FOR INSPIRING ENTERTAINMENT IN OUR HISTORIC THEATRES. IN ADDITION, OUR THREE HISTORIC THEATRES ATTRACT A DIVERSE ARRAY OF TODAY'S BRIGHTEST MUSIC, DANCE AND COMEDIC TALENT. 550050 0 38355 EDUCATION:HENNEPIN THEATRE TRUST'S SPOTLIGHT EDUCATION PROGRAM IS AN ESSENTIAL PART OF ARTS EDUCATION IN MANY MINNESOTA SCHOOLS. ANNUALLY, WE HELP NEARLY 8,000 STUDENTS IN MORE THAN 100 HIGH SCHOOLS BUILD CONFIDENCE, CRITICAL THINKING, EMPATHY, A SENSE OF COMMUNITY, KNOWLEDGE ANDAPPRECIATION OF THEATER. THE PROGRAM SUPPLEMENTS AND ENHANCES ARTS CURRICULA THROUGH PRODUCTION ASSESSMENTS, WORKSHOPS AND ARTS JOURNALISM, INCREASING EQUITABLE ACCESS TO QUALITY THEATER EDUCATION. SPOTLIGHT SHOWCASE, OUR ANNUAL RECOGNITION EVENT, IS MINNESOTA'SLARGEST CELEBRATION OF HIGH SCHOOL THEATER AND PROVIDES OVER 1,600 STUDENTS THE OPPORTUNITY TO PERFORM AT THE HISTORIC STATE THEATRE. 756807 0 92053 PUBLIC ART:HENNEPIN THEATRE TRUST TRANSFORMS THE PLACES AND SPACES THAT MAKE THE HENNEPIN THEATRE DISTRICT A VIBRANT, WELCOMING AND SAFE PLACE FOR ALL TO ENJOY THROUGH OUR PUBLIC ART PROGRAM, THE LARGEST IN THE MIDWEST. OUTSIDE OUR THEATRES, WE CONNECT PEOPLE TO UNEXPECTED ARTS AND CULTURAL EXPERIENCES SUCH AS THE ICONIC BOB DYLAN MURAL, LARGE-SCALE BANNERS, ART IN UNDERUSED SPACES, AND LIVE ARTS AND CULTURAL EVENTS THROUGHOUT THE THEATRE DISTRICT. OUR FREE OUTDOOR PROGRAMMING, TITLED 5 TO 10 ON HENNEPIN AND CREATED WITH KEY PARTNERS, HELPS INCREASE PUBLIC SAFETY AND BENEFITS HOMELESS YOUTH AND ADULTS IN THE DISTRICT. 39010665 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 219 0 1 48 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 MN X X BROOKS BECKER 6122369567 900 HENNEPIN AVE MINNEAPOLIS MN 55403 MARK NERENHAUSEN PRESIDENT/CEO 50.00 X 453481 0 34014 REBECCA HADDAD DIR. OF DEVELOPMENT 40.00 X 149038 0 5962 LISA KROHN DIRECTOR OF BOOKING 40.00 X 129711 0 18160 EMMA BAUER DIR. OF EXTERNAL RELATIONS 40.00 X 113999 0 10692 JIM LANGEMO CHIEF ADMINISTRATIVE OFFICER 50.00 X 112916 0 8911 ANDREA MOKROS CHAIR 5.00 X X 0 0 0 DAN TENENBAUM VICE CHAIR 1.00 X X 0 0 0 ANDREA HART KAJER SECRETARY 1.00 X X 0 0 0 RYAN JOHNSON TREASURER 1.00 X X 0 0 0 TRAVIS BARKVE PAST CHAIR 1.00 X 0 0 0 AL COLEMAN TRUSTEE 1.00 X 0 0 0 SUE ROSS TRUSTEE 1.00 X 0 0 0 ORLANDO BRYANT TRUSTEE 1.00 X 0 0 0 MOLLY BIWER TRUSTEE 1.00 X 0 0 0 MICHELE ENGDAHL TRUSTEE 1.00 X 0 0 0 MELVIN TENNANT TRUSTEE 1.00 X 0 0 0 MARIE BECKER TRUSTEE 1.00 X 0 0 0 LUCAS GIAMBELLUCA TRUSTEE 1.00 X 0 0 0 KATHLEEN GULLICKSON TRUSTEE 1.00 X 0 0 0 JAYNE HAUGEN TRUSTEE 1.00 X 0 0 0 JAY NOVAK TRUSTEE 1.00 X 0 0 0 JUSTIN BUOEN TRUSTEE 1.00 X 0 0 0 BRET WEISS TRUSTEE 1.00 X 0 0 0 BARBARA BRIN TRUSTEE 1.00 X 0 0 0 BECKY FOY TRUSTEE 1.00 X 0 0 0 GERARDO CASAHONDA TRUSTEE 1.00 X 0 0 0 CHRISTINE KWIAT TRUSTEE 1.00 X 0 0 0 TRISHA DUNCAN TRUSTEE 1.00 X 0 0 0 DORRAINE LARISON TRUSTEE 1.00 X 0 0 0 959145 0 77739 5 0 1 0 ADVENTURELAND PRESENTS LLC 1501 BROADWAY 24TH FL NEW YORK NY 10036 BROADWAY SHOW 10234547 GELB PRODUCTIONS LLC 9553 HARDING AVE SUITE 311 SURFSIDE FL 33154 ANDREA BOCELLI SHOW 1942625 CIRQUE DU SOLEIL AMERICA NEWCO 1151 GRIER DRIVE SUITE C LAS VEGAS NV 89119 CIRQUE DU SOLEIL SHOW 1868189 COLUMBUS 81 PRODUCTIONS 685 3RD AVENUE NEW YORK NY 10017 JERRY SEINFELD SHOW 819082 DOUBTFIRE ON TOUR LLC 392 SPRINGFIELD AVE 2ND FLOOR SUMMIT NJ 07901 BROADWAY SHOW 703937 16 1134606 5097140 107860 6231746 SHOW REVENUE 711300 38226466 38226466 EVENT CENTER RENTAL REVENUE 532000 88481 88481 COMMUNITY PROGRAMS 900099 86627 86627 MARKETING INCOME 541800 46387 42083 4304 38447961 234117 234117 242862 108977 133885 19461 114424 MISC REVENUE 900099 39779 39779 39779 45087488 38355176 112246 388320 X 608167 608167 3150453 2072231 550981 527241 86319 60749 10113 15457 354255 208871 92241 53143 285937 159464 85900 40573 62248 62248 51657 51657 34891323 34456236 415075 20012 1446681 1446681 455240 292237 130767 32236 295724 186647 99333 9744 104567 71234 27870 5463 854390 275750 578640 803709 751075 52634 85387 70125 15262 FUNDRAISING EXPENSES 351845 56525 275 295045 COMMUNITY PROGRAM EXPEN 276554 264129 265 12160 SUBSCRIPTION AND DUES 141649 56126 85350 173 CREDIT CARD FEES 86727 59896 26831 574488 29266 515146 30076 44967320 39010665 4888501 1068154 11786257 2736063 9958504 115435 0 497492 584069 18138 15430 230433 187560 29596938 11227451 18540171 18369487 31187926 31851113 1253175 717752 139632 175619 16374768 17566854 149631 0 17917206 18460225 X 12803072 11543888 467648 1847000 13270720 13390888 31187926 31851113 120168 0 X 0 1 X 1 0 X 4867022 4735861 4765656 15460974 6231746 36061259 44527622 14896067 55573 21887389 38578577 119945228 49394644 19631928 4821229 37348363 44810323 156006487 22753 15000 39088 68928 73212 218981 0 22753 15000 39088 68928 73212 218981 155787506 72351 61518 1914 1 234117 369901 72351 61518 1914 1 234117 369901 82021 9002 2730 70005 112246 276004 39779 39779 49549016 19702448 4825873 37418369 45196465 156692171 0.99420 0.99480 0.00240 0.00130 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 39,779. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1765900 1765900 25382623 10117025 15265598 1819451 1110426 709025 628964 628964 18369487 X 45202759 115271 115271 45087488 0 45087488 45082591 115271 115271 44967320 0 44967320 PART X, LINE 2: THE TRUST QUALIFIES AS A TAX-EXEMPT NONPROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATUTES OF MINNESOTA LAW. ACCORDINGLY, INCOME TAXES HAVE NOT BEEN RECORDED. THE TRUST HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION UNDER APPLICABLE ACCOUNTING GUIDANCE. X 1 1 X X X 0 0 0 0 0 0 0 1 0 MARK NERENHAUSEN PRESIDENT/CEO 453481 0 0 0 0 0 18139 0 15875 0 487495 0 0 0 REBECCA HADDAD DIR. OF DEVELOPMENT 149038 0 0 0 0 0 5962 0 0 0 155000 0 0 0 PART I, LINE 1A SOCIAL CLUB DUES ARE PAID FOR MARK NERENHAUSEN, PRESIDENT/CEO AND ARE NOT INCLUDED IN TAXABLE COMPENSATION PART I, LINE 7 DISCRETIONARY BONUSES WERE DETERMINED AND APPROVED BY THE BOARD BASED ON ACHIEVEMENT OF ORGANIZATION-WIDE GOALS. X TICKETS 740 95700 FAIR MARKET VALUE X HOTEL ROOMS 45 7060 FAIR MARKET VALUE X RESTAURANT SERVICES 5 5100 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF ITEMS CONTRIBUTED IS BEING COUNTED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR, VICE-CHAIR, PRESIDENT, TREASURER, AND COMMITTEE CHAIRS OF THE GOVERNANCE COMMITTEE AND DEVELOPMENT COMMITTEE. THE EXECUTIVE COMMITTEE IS CHARGED WITH FULFILLING THE BOARD'S FUNCTION WHEN THE BOARD IS NOT IN SESSION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE RETURN IS PREPARED AND REVIEWED BY FINANCE STAFF, IT IS THEN MADE AVAILABLE FOR EACH TRUSTEE OF THE BOARD TO REVIEW. THE BOARD AND FINANCE CHAIR WILL GIVE THE FINAL APPROVAL OF THE RETURN BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY GOVERNS THE ACTIVITIES OF THE BOARD OF TRUSTEES, OFFICERS, AND STAFF. ANNUALLY, THE BOARD OF TRUSTEES COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH S/HE IS INVOLVED THAT WOULD CONTRIBUTE TO A CONFLICT OF INTEREST. ANY IDENTIFIED CONFLICTS OF INTEREST ARE EVALUATED ON A CASE-BY-CASE BASIS BY THE PRESIDENT/CEO. IF A CONFLICT IS IDENTIFIED, THAT INDIVIDUAL WILL BE EXCLUDED FROM PARTICIPATING IN DECISIONS RELATED TO THE CONFLICT. ALL STAFF AND BOARD TRUSTEES ARE EXPECTED TO CONDUCT THEIR ACTIVITIES IN WAYS THAT AVOID THE APPEARANCE OF A CONFLICT OF INTEREST, OR ACTUAL LOSS OR EMBARRASSMENT TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL: A 360 DEGREE EVALUATION OF THE PRESIDENT/CEO IS PERFORMED BY THE STAFF AND THE BOARD. COMPENSATION DATA OF COMPARABLE ORGANIZATIONS IN COMPARABLE MARKETS IS PULLED TOGETHER BY THE BOARD CHAIR AND VICE CHAIR. IN CONSULTATION WITH THE EXECUTIVE COMMITTEE, COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD. HTT HAS ACCESS TO AMS ONLINE, A DATABASE CONTAINING SALARY DATA FOR ALL POSITIONS AT VARIOUS PERFORMING ART CENTERS NATIONWIDE. ON AN ANNUAL BASIS HTT UTILIZES THE DATABASE TO REVIEW SALARIES FOR VARIOUS STAFF. THIS PROCESS WAS MOST RECENTLY COMPLETED IN 2023. COMPENSATION FOR OTHER OFFICERS & KEY EMPLOYEES: A SALARY ANALYSIS IS COMPLETED BY OASIS DEG (HR PROVIDER), REVIEWED BY RELEVANT STAFF, AND APPROVED BY THE CEO/PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 34,456,236. MANAGEMENT AND GENERAL EXPENSES 415,075. FUNDRAISING EXPENSES 20,012. TOTAL EXPENSES 34,891,323.