2025-05-01T08:59:46-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2023-07-01 010645482 OVERTURE CENTER FOUNDATION INC OVER 6082584177 201 STATE STREET MADISON WI 53703 CHRISTOPHER VOGEL CFO/CBO 6082584177 2025-04-29 1 1 LAURA SCHWEITZER CPA P01760010 6086628600 2025-04-29 2023 2025-03-06 01:10:19Z JIM YEHLE 201 STATE STREET MADISON WI 53703 35081622 0 X WWW.OVERTURE.ORG X 2002 WI THE ORGANIZATION OPERATES THE OVERTURE CENTER FOR THE ARTS, A PERFORMING AND VISUAL ARTS CENTER. ITS MISSION IS TO ENRICH THE LIVES OF INDIVIDUALS AND THE COMMUNITY BY CREATING, ENCOURAGING, AND CATALYZING EXTRAORDINARY EXPERIENCES. THE OVERTURE CENTER PRESENTS A BROAD SPECTRUM OF HIGH QUALITY PERFORMING ARTS PROGRAMMING AND EDUCATIONAL OUTREACH PROGRAMS. THE CENTER RAISES FUNDS TO SUPPORT FREE AND LOW-COST COMMUNITY PROGRAMS AS WELL AS OTHER PROGRAMS AND INITIATIVES TO ADVANCE THE MISSION. NINE LOCAL PERFORMING ARTS COMPANIES ARE RESIDENT ORGANIZATIONS OF THE CENTER. 22 22 484 500 775659 0 4318929 15778417 24350465 17734289 199419 647709 4848 209895 28873661 34370310 0 0 0 0 8938591 9784977 0 142800 1204020 18506045 13652644 27444636 23580421 1429025 10789889 33568808 45502905 10233499 10996824 23335309 34506081 X OVERTURE CENTER FOR THE ARTS ENRICHES THE LIVES OF INDIVIDUALS AND THE COMMUNITY BY CREATING, ENCOURAGING, AND CATALYZING EXTRAORDINARY EXPERIENCES. THE CENTER PRESENTS A BROAD SPECTRUM OF HIGH QUALITY PROGRAMMING, DEVELOPS AUDIENCES FOR THE ARTS, ADVANCES THE MISSION OF RESIDENT ORGANIZATIONS, ADVOCATES FOR THE DEVELOPMENT OF THE ARTS IN THE COMMUNITY, AND PROVIDES A WORLD-CLASS FORUM FOR DIVERSE ARTISTIC EXPRESSION. 0 0 20139169 0 16962865 OVERTURE CENTER HOSTS HUNDREDS OF TICKETED EVENTS WITH OUR BOX OFFICE SELLING APPROXIMATELY 340,000 TICKETS ANNUALLY. OVERTURE CENTER PRESENTS A WIDE VARIETY OF ARTISTIC OFFERINGS THAT PATRONS WOULD NOT OTHERWISE HAVE THE OPPORTUNITY TO EXPERIENCE IN MADISON, RANGING FROM UP-AND-COMING DANCE COMPANIES TO CHILDREN'S THEATER PERFORMANCES TO NATIONALLY TOURING BROADWAY HITS. IN FULFILLING ITS MISSION OF ACCESS TO THE ARTS, OVERTURE CENTER STRIVES TO KEEP TICKET PRICES AFFORDABLE. THE AVERAGE TOP TICKET PRICE FOR NON-BROADWAY PERFORMANCES IS TYPICALLY UNDER $48. OVERTURE CENTER ALSO SUBSIDIZES AND SUPPORTS THE WORK OF NINE LOCAL, NONPROFIT RESIDENT ARTS COMPANIES WHO ANNUALLY SELL OVER 72,000 TICKETS TO THEIR PERFORMANCES. OVERTURE CENTER FULFILLS THE CORE OF ITS MISSION THROUGH FOURTEEN COMMUNITY ENGAGEMENT AND EDUCATIONAL PROGRAMS. AS A RESULT OF THESE PROGRAMS, NEARLY 180,000 PEOPLE ANNUALLY SEE A FREE PERFORMANCE OR VISUAL EXHIBIT. THIS REPRESENTS OVER 30% OF THE TOTAL EXPERIENCES OFFERED AT OVERTURE CENTER ANNUALLY. THE PROGRAMS INCLUDED 'OVERTURE ONSTAGE' THAT ANNUALLY ATTRACTS NEARLY 20,000 ELEMENTARY AND HIGH SCHOOL STUDENTS TO DAYTIME PERFORMANCES DURING THE SCHOOL YEAR AND 'KIDS IN THE ROTUNDA' THAT ANNUALLY ATTRACTS APPROXIMATELY 24,000 CHILDREN AND PARENTS TO FREE PERFORMANCES. VARIOUS UNIQUE SPACES WITHIN THE OVERTURE CENTER ARE AVAILABLE FOR RENT TO THE PUBLIC TO HOLD SPECIAL EVENTS AND MEETINGS. OVERTURE CENTER'S NATURE AS A COMMUNITY VISUAL AND PERFORMING ARTS CENTER PROVIDES FOR THE KIND OF EXPERIENCE UNAVAILABLE TO OTHER EVENT VENUES. 20139169 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 115 0 1 484 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WI X CHRISTOPHER VOGEL 6082584177 201 STATE STREET MADISON WI 53703 CHRISTOPHER VOGEL CFO/CBO 40.00 X 193122 0 11865 EMILY GRUENEWALD CHIEF DEVELOPMENT OFFICER 40.00 X 176730 0 23157 TIMOTHY SAUERS CHIEF ARTISTIC EXPERIENCES OFFICER 40.00 X 170095 0 12111 MICHAEL CONWAY CHIEF OPERATING OFFICER 40.00 X 157608 0 17565 ED HOLMES CHIEF EQUITY AND INNOVATION OFFICER 40.00 X 139881 0 15470 CHRISTOPHER STUESSY SR DIR. OF FINANCE AND TECH 40.00 X 109373 0 9892 JENIE DAHLMANN CHIEF MARKETING AND COMMUNICATION 40.00 X 106067 0 3357 JAMES YEHLE CHAIR 1.00 X X 0 0 0 TONY PATTERSON VICE CHAIR 1.00 X X 0 0 0 GREG PFLUGER TREASURER 1.00 X X 0 0 0 LYNETTE FONS SECRETARY 1.00 1.00 X X 0 0 0 SARAH MARTY SECRETARY (THROUGH MAY) 1.00 X X 0 0 0 JOHN SURDYK PAST CHAIR 1.00 X X 0 0 0 GLORIA REYES DIRECTOR (THROUGH APRIL) 1.00 X 0 0 0 DEBORAH MEINERS DIRECTOR 1.00 X 0 0 0 HANAH JON TAYLOR DIRECTOR 1.00 X 0 0 0 EVERETT MITCHELL DIRECTOR 1.00 X 0 0 0 ANDY WHITE DIRECTOR 1.00 X 0 0 0 JULIE MARRIOTT DIRECTOR 1.00 X 0 0 0 KEITH BAUMGARTNER DIRECTOR 1.00 1.00 X 0 0 0 JIM ST VINCENT DIRECTOR 1.00 X 0 0 0 PENG HER DIRECTOR 1.00 X 0 0 0 FRANK PEREGRINE DIRECTOR 1.00 1.00 X 0 0 0 KURT LIN DIRECTOR 1.00 X 0 0 0 LYNN HESLINGA DIRECTOR 1.00 X 0 0 0 MARK CLEAR DIRECTOR 1.00 X 0 0 0 JOANNA BURISH DIRECTOR 1.00 X 0 0 0 MIKE VERVEER DIRECTOR 1.00 X 0 0 0 OSCAR MIRELES DIRECTOR 1.00 X 0 0 0 KEN LAMMERSFELD DIRECTOR 1.00 X 0 0 0 PHIL GREENWOOD DIRECTOR 1.00 X 0 0 0 PABLO SANCHEZ DIRECTOR (THROUGH SEPT) 1.00 X 0 0 0 JULIA ARATA-FRATTA DIRECTOR (THROUGH SEPT) 1.00 X 0 0 0 JULIET AYLWARD DIRECTOR (THROUGH SEPT) 1.00 X 0 0 0 KATIE DOWLING-MARCUS DIRECTOR (THROUGH SEPT) 1.00 X 0 0 0 ANA HOOKER DIRECTOR (THROUGH SEPT) 1.00 X 0 0 0 SABRINA MADISON DIRECTOR (THROUGH SEPT) 1.00 X 0 0 0 JIM MATRAS DIRECTOR (THROUGH SEPT) 1.00 X 0 0 0 1052876 0 93417 7 0 1 0 BUENA VISTA THEATRICAL GROUP LTD 214 W 42ND STREET NEW YORK NY 10036 PRODUCER 3139639 KEYBRAND ENTERTAINMENT INC 1619 BROADWAY FLOOR 9 NEW YORK NY 10019 PRODUCER 1400595 SIX BOLEYN TOUR LLC 561 7TH AVE 3RD FLOOR NEW YORK NY 10018 PRODUCER 941031 HADESTOWN NA TOURING LLC 630 NINTH AVE STE 809 NEW YORK NY 10036 PRODUCER 697396 CHICAGO RAZZLE DAZZLE LLC 1382 COLONIAL BLVD FORT MYERS FL 33907 PRODUCER 593532 16 2137500 13640917 95349 15778417 TICKET SALES AND FEES 711130 13587856 13587856 FACILITY RENTALS AND SERVICES 531120 2682400 2062708 619692 CATERING 722320 511657 355690 155967 OTHER PROGRAM SERVICE REVENUE 900099 442038 442038 BROADWAY CLUB MEMBERSHIP REVENUE 900099 439239 439239 71099 71099 17734289 642829 642829 712461 707581 4880 4880 4880 7966 3731 4235 4235 IRS PENALTY REVERSAL 900099 205660 205660 205660 34370310 16962865 775659 853369 X 1181749 403208 591603 186938 6833350 5826360 658219 348771 158511 123322 21890 13299 952683 711492 191906 49285 658684 526474 92237 39973 39083 39083 45703 45703 142800 142800 35470 35470 7772672 7617753 147806 7113 647743 647743 605277 495923 67792 41562 542845 423419 81427 37999 1129432 1049774 71549 8109 67614 65131 2084 399 146656 119441 20027 7188 10073 10073 881063 863442 13216 4405 50121 44607 4010 1504 CREDIT CARD FEES 557127 557127 REPAIRS AND MAINTENANCE 402365 378945 23420 CATERING AND VENDING 346235 142459 13630 190146 FOOD AND BEVERAGES 87438 25091 17240 45107 285727 117458 88847 79422 23580421 20139169 2237232 1204020 1305 6615 11810983 10574995 565400 10814488 526346 222263 327695 515534 13055534 4586546 7137200 8468988 9620831 10049741 3579048 4850281 33568808 45502905 1275599 1208351 8549909 9485129 407991 303344 10233499 10996824 X 18856259 18629838 4479050 15876243 23335309 34506081 33568808 45502905 X 10789889 242814 138069 X 0 1 X 1 0 X 3953330 7746069 15875283 4318929 15778417 47672028 17958794 327862 10109197 23755587 16966596 69118036 21912124 8073931 25984480 28074516 32745013 116790064 140344 98967 1119673 246440 10183699 11789123 358254 36079 947387 779837 2121557 498598 135046 1119673 1193827 10963536 13910680 102879384 184181 44844 84089 335619 642829 1291562 184181 44844 84089 335619 642829 1291562 205660 205660 22096305 8118775 26068569 28410135 33593502 118287286 0.86970 0.95370 0.01090 0.00700 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: IRS PENALTY REVERSAL - 2023 AMOUNT: $ 205,660. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 3634048 1592598 356698 60315 33955 5489074 3583071 99776 38051 64359 22491 3634048 3263767 667088 -253201 62405 32178 3583071 2566095 115000 672903 58388 31843 3263767 2612545 14750 22207 56955 26452 2566095 0.00000 0.69260 0.30740 1 0 12066547 4586546 7480001 988987 988987 8468988 BENEFICIAL INTEREST IN ASSETS HELD BY MADISON COMMUNITY FOUNDATION 1509904 INVESTMENTS RESTRICTED FOR ENDOWMENT 3340377 4850281 X PART III, LINE 1A: THE OVERTURE CENTER'S AUDUBON ENGRAVINGS COLLECTION FEATURES 24 ORIGINAL JOHN JAMES AUDUBON ENGRAVINGS DONATED BY DR. RICHARD B. ANDERSON. THE COLLECTION WAS ACQUIRED THROUGH DONATIONS SINCE THE ORGANIZATION'S INCEPTION AND IS NOT RECOGNIZED AS AN ASSET ON THE STATEMENT OF FINANCIAL POSITION. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES, IF APPLICABLE, WOULD BE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. NO COLLECTION ITEMS WERE DEACCESSIONED DURING THE YEAR. PART III, LINE 4: THE COLLECTION FURTHERS THE OVERTURE CENTER'S EXEMPT PURPOSE BY PROVIDING ANOTHER MEANS OF ENGAGING THE COMMUNITY IN THE ARTS THROUGH A BROAD SPECTRUM OF ARTISTIC ALTERNATIVES. PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUND IS TO PROVIDE LONG-TERM SUPPORT IN CARRYING OUT THE MISSION OF OVERTURE CENTER FOR THE ARTS OF ENRICHING THE LIVES OF INDIVIDUALS AND THE COMMUNITY BY CREATING, ENCOURAGING, AND CATALYZING EXTRAORDINARY EXPERIENCES. PART X, LINE 2: OVERTURE CENTER FOUNDATION (OCF) MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH THE TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. OCF DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS, AND, ACCORDINGLY, THEY DID NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. X X X X 1 MCDONALD SCHAEFER 2810 CROSSROADS DRIVE SUITE 4000 MADISON WI 53718 CAMPAIGN CONSULTING 0 0 142800 0 142800 WI X X X X X 0 0 0 0 0 0 0 0 0 CHRISTOPHER VOGEL CFO/CBO 178122 0 15000 0 0 0 6855 0 5010 0 204987 0 0 0 EMILY GRUENEWALD CHIEF DEVELOPMENT OFFICER 161730 0 15000 0 0 0 4800 0 18357 0 199887 0 0 0 TIMOTHY SAUERS CHIEF ARTISTIC EXPERIENCES OFFICER 158595 0 11500 0 0 0 6133 0 5978 0 182206 0 0 0 MICHAEL CONWAY CHIEF OPERATING OFFICER 138560 0 11500 0 7548 0 5397 0 12168 0 175173 0 0 0 ED HOLMES CHIEF EQUITY AND INNOVATION OFFICER 137881 0 2000 0 0 0 4948 0 10522 0 155351 0 0 0 X 7 17550 FMV X 4 47201 FMV X INFORMATION TECHNOLOGY 2 30598 FMV 0 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS IS BEING REPORTED. PART I, LINE 32B: THE ORGANIZATION USES LPL FINANCIAL TO RECEIVE CONTRIBUTIONS OF SECURITIES. LPL FINANCIAL IMMEDIATELY LIQUIDATES SUCH CONTRIBUTIONS AND TRANSFERS THE PROCEEDS LESS A NOMINAL FEE TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE A STANDING COMMITTEE OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL CONSIST OF BETWEEN SIX (6) AND NINE (9) INDIVIDUALS AND WILL INCLUDE THE BOARD CHAIR, IMMEDIATE PAST CHAIR (IF THE POSITION IS OCCUPIED) VICE CHAIR, SECRETARY, AND TREASURER OF OCF, AS WELL AS ONE OF THE APPOINTED DIRECTORS, WHO MAY ALSO HOLD ANY OF THE OFFICES LISTED; AND THE CHAIR OR CO- CHAIR OF THE DEVELOPMENT COMMITTEE. THE EXECUTIVE COMMITTEE MAY ALSO INCLUDE UP TO TWO OTHER PERSONS NOMINATED BY THE CHAIR AND APPROVED BY THE BOARD. THE INDIVIDUAL WHO IS SERVING AS PRESIDENT/CHIEF EXECUTIVE OFFICER OF THE OVERTURE SHALL SERVE AS AN EX OFFICIO, NONVOTING MEMBER OF THE EXECUTIVE COMMITTEE, DURING THE PERIOD OF THEIR SERVICE AS THE PRESIDENT/CHIEF EXECUTIVE OFFICER. THE EXECUTIVE COMMITTEE SHALL BE CHAIRED BY THE BOARD CHAIR. WHEN THE BOARD IS NOT IN SESSION, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE, ALL THE POWERS OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF OCF, EXCEPT TO THE EXTENT LIMITED UNDER SUBSECTION (G) HEREOF. FORM 990, PART VI, SECTION A, LINE 7A THE MAYOR OF THE CITY OF MADISON MAY APPOINT AT LEAST THREE DIRECTORS TO THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE FINANCE COMMITTEE BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE GOVERNING BODY ARE REQUIRED TO SIGN AN ANNUAL DISCLOSURE UPDATE THAT IS GIVEN TO THE GOVERNANCE COMMITTEE. MEMBERS ARE REQUIRED TO DISCLOSE DURING THE YEAR ANY POTENTIAL CONFLICTS OF INTEREST THAT THEY MAY HAVE OR BELIEVE MAY EXIST WITH ANOTHER MEMBER TO THE GOVERNANCE COMMITTEE. THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR INVESTIGATING AND PROVIDING A RECOMMENDATION. THE ORGANIZATION'S LEGAL COUNSEL MAY BE CONTACTED TO PROVIDE GUIDANCE AND ADVICE AS NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES AN APPROPRIATE COMPENSATION PACKAGE FOR THE TOP MANAGEMENT OFFICIALS BY USING COMPARABILITY DATA AND BY REVIEWING COMPENSATION PAID BY SIMILAR ORGANIZATIONS. THE DELIBERATIONS ARE RECORDED IN MEETING MINUTES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S BUSINESS OFFICE. FORM 990, PART IX, LINE 11G INTERPRETER SERVICES: PROGRAM SERVICE EXPENSES 21,022. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,022. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 101,282. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 406. TOTAL EXPENSES 101,688. DESIGN SERVICES: PROGRAM SERVICE EXPENSES 461. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 461. DELIVERY SERVICE: PROGRAM SERVICE EXPENSES 3,144. MANAGEMENT AND GENERAL EXPENSES 90. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,234. ARTIST FEES: PROGRAM SERVICE EXPENSES 7,303,070. MANAGEMENT AND GENERAL EXPENSES 7,350. FUNDRAISING EXPENSES 1,996. TOTAL EXPENSES 7,312,416. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 125,374. MANAGEMENT AND GENERAL EXPENSES 29,733. FUNDRAISING EXPENSES 4,556. TOTAL EXPENSES 159,663. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 63,400. MANAGEMENT AND GENERAL EXPENSES 103,660. FUNDRAISING EXPENSES 155. TOTAL EXPENSES 167,215. PAYROLL SERVICES FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,973. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,973. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY MCF 138,069. OVERTURE DEVELOPMENT CORPORATION 201 STATE STREET MADISON WI 53703 391997702 SUPPORT ORGANIZATION WI 501(C)(3) LINE 12A, I OVERTURE CENTER FOUNDATION INC 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0