WACO THEATER CENTER: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
WACO THEATER CENTER (EIN 81-2917440)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-15
IRS object ID
202311359349312996
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-15T15:54:15-04:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN475677171PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WALTERS & SKLYAR LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line121031 VENTURA BLVD STE 401AddressLine1Txt
CityWOODLAND HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91364ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN812917440EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WACO THEATER CENTERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWACOBusinessNameControlTxt
Phone8184001151PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15144 LANKERSHIM BLVDAddressLine1Txt
CityNORTH HOLLYWOODCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91601ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHAY WAFERPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone8184001151PhoneNum
Signature2023-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSHAYPersonFirstNm
Person LastWAFERPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYEFIM SKLYAR CPAPreparerPersonNm
PTINP00362128PTIN
Phone8189752040PhoneNum
Preparation2023-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSHAY WAFERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15144 LANKERSHIM BLVDAddressLine1Txt
CityNORTH HOLLYWOODCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91601ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,502,178GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WACOTHEATERCENTER.COM/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionWACO THEATER CENTER IS A PERFORMING AND VISUAL ARTS ORGANIZATION THAT PRESENTS, COMMISSIONS AND DEVELOPS ARTISTIC WORKS DEDICATED TO STORIES OF THE AFRICAN DIASPORA. WACO PROVIDES ARTISTS AND YOUNG PEOPLE A PLATFORM AND VOICE TO SHOWCASE THEIR CREATIVITY, IN ORDER TO CONNECT AND INSPIRE OTHERS.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee18TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$3,007,290PYContributionsGrantsAmt
CY Contributions Grants$4,342,126CYContributionsGrantsAmt
CY Program Service Revenue$150,592CYProgramServiceRevenueAmt
PY Investment Income$49PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$104,893PYOtherRevenueAmt
CY Other Revenue$9,460CYOtherRevenueAmt
PY Total Revenue$3,112,232PYTotalRevenueAmt
CY Total Revenue$4,502,178CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$808,347PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,129,652CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$188,337CYTotalFundraisingExpenseAmt
PY Other Expenses$1,038,660PYOtherExpensesAmt
CY Other Expenses$1,719,538CYOtherExpensesAmt
PY Total Expenses$1,847,007PYTotalExpensesAmt
CY Total Expenses$2,849,190CYTotalExpensesAmt
PY Revenues Less Expenses$1,265,225PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,652,988CYRevenuesLessExpensesAmt
Total Assets BOY$4,060,821TotalAssetsBOYAmt
Total Assets EOY$5,590,838TotalAssetsEOYAmt
Total Liabilities BOY$444,626TotalLiabilitiesBOYAmt
Total Liabilities EOY$372,626TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,616,195NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,218,212NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionLOCATED IN THE BURGEONING NORTH HOLLYWOOD ARTS DISTRICT OF LOS ANGELES, WACO THEATER CENTER (WACO, WHERE ART CAN OCCUR) IS ONE OF THE FEW LOS ANGELES CULTURAL INSTITUTIONS DEDICATED TO CONTEMPORARY PERFORMING AND VISUAL ART OF THE AFRICAN DIASPORA. DRIVEN BY THE MANTRA, "WHERE ART CAN OCCUR," WACO IS DEDICATED TO THE EMPOWERMENT OF ARTISTS WITHIN A DIVERSIFIED POOL OF OUR LA COMMUNITIES AND BEYOND. WACO CENTERS PROVIDING EMERGING AND ESTABLISHED ARTISTS OF AFRICAN DESCENT A PLATFORM AND A VOICE TO USE THEIR CREATIVITY, IN ORDER TO CONNECT AND INSPIRE INDIVIDUALS AND COMMUNITIES THROUGHOUT THE AFRICAN DIASPORA. WITH THIS AS A FOCAL POINT, ARTISTS ARE AN INVALUABLE PART OF THE ORGANIZATION. WE ENCOURAGE ARTISTS TO FIND THEIR TRUE PURPOSE AND AWAKEN THEIR OWN INDIVIDUAL POWER SOURCE, WHICH FUELS THEIR ART. WE FULFILL THIS MISSION BY PRESENTING LIVE DANCE, THEATER, MUSIC, AND INTERDISCIPLINARY EVENTS BY PROFESSIONAL ARTISTS; PROVIDING RESOURCES TO ADVANCE ARTISTS' CAREERS AND WORK; MAINTAIMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$431,880ExpenseAmt
DescORGANIZATION'S CORE EDUCATIONAL PROGRAM - TINAS ANGELS, A YEARLONG MENTORSHIP PROGRAM FOR TEENAGE GIRLS, AND RICHARD'S WARRIORS, A MENTORSHIP PROGRAM FOR TEENAGE BOYS. WE SUCCESSFULLY CREATED AN ONLINE PLATFORM TO ENGAGE AND SUPPORT THE STUDENTS IN THE PROGRAM AND PROVIDED THEM WITH COMPUTERS AND SUPPLIES TO MAKE THEIR TRANSITION TO ONLINE CLASSES EASILY ACCESSIBLE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,664,589ExpenseAmt
Revenue$150,592RevenueAmt
DescTHE ORGANIZATION'S PRESENTING PROGRAMS WERE PIVOTED TO DIGITAL PLATFORMS. THE MAJORITY OF THE PROGRAM BUDGET WAS ALLOCATED TOWARDS THE CREATION OF A FILM VERSION OF A PLAY AND A SERIES OF HUMANITY EVENTS TO EXPLORE THE THEMES IN THE FILM. THE EVENTS WERE HELD ONLINE ON WACO'S VARIOUS PLATFORMS. THE PROJECT SUPPORTS PERFORMANCES BY ACTORS, DANCERS, MUSICIANS, DESIGNERS AND TECHNICIANS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,096,469TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document56IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee18EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSHAY WAFERPersonNm
Phone8184001151PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15144 LANKERSHIM BLVDAddressLine1Txt
CityNORTH HOLLYWOODCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91601ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RICHARD LAWSON
PRESIDENT40.00Yes (X)Yes (X)$129,062$0$0
TINA KNOWLES-LAWSON
VICE-PRESIDE40.00Yes (X)Yes (X)$129,062$0$0
ANGELIKI GIANNAKOPOLOUS
SECRETARY1.00Yes (X)Yes (X)$0$0$0
MELBA LFARQUHAR
TREASURER1.00Yes (X)Yes (X)$0$0$0
GLYNN TURMAN
BOARD MEMBER1.00Yes (X)$0$0$0
RALPH FARQUHAR
BOARD MEMBER1.00Yes (X)$0$0$0
JOHN WISEMAN
BOARD MEMBER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$258,124TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$25,000GovernmentGrantsAmt
All Other Contributions$4,317,126AllOtherContributionsAmt
Total Contributions$4,342,126TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE FEESDesc
Business711110BusinessCd
Total Revenue Column$150,592TotalRevenueColumnAmt
Related Or Exempt Func Income$150,592RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$150,592TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Total Revenue Column$9,460TotalRevenueColumnAmt
Exclusion$9,460ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$9,460OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,502,178TotalRevenueColumnAmt
Related Or Exempt Func Income$150,592RelatedOrExemptFuncIncomeAmt
Exclusion$9,460ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$364,394TotalAmt
Program Services$182,197ProgramServicesAmt
Management And General$145,758ManagementAndGeneralAmt
Fundraising$36,439FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$625,651TotalAmt
Program Services$406,673ProgramServicesAmt
Management And General$156,413ManagementAndGeneralAmt
Fundraising$62,565FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$41,377TotalAmt
Program Services$20,689ProgramServicesAmt
Management And General$16,551ManagementAndGeneralAmt
Fundraising$4,137FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$98,230TotalAmt
Program Services$63,849ProgramServicesAmt
Management And General$24,558ManagementAndGeneralAmt
Fundraising$9,823FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$14,850TotalAmt
Program Services$7,425ProgramServicesAmt
Management And General$5,940ManagementAndGeneralAmt
Fundraising$1,485FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,025TotalAmt
Program Services$6,013ProgramServicesAmt
Management And General$4,810ManagementAndGeneralAmt
Fundraising$1,202FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$131,871TotalAmt
Program Services$65,936ProgramServicesAmt
Management And General$52,748ManagementAndGeneralAmt
Fundraising$13,187FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$10,156TotalAmt
Program Services$6,601ProgramServicesAmt
Management And General$2,539ManagementAndGeneralAmt
Fundraising$1,016FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,196TotalAmt
Program Services$777ProgramServicesAmt
Management And General$299ManagementAndGeneralAmt
Fundraising$120FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$17,776TotalAmt
Program Services$11,555ProgramServicesAmt
Management And General$4,444ManagementAndGeneralAmt
Fundraising$1,777FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$190,447TotalAmt
Program Services$123,791ProgramServicesAmt
Management And General$47,612ManagementAndGeneralAmt
Fundraising$19,044FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,693TotalAmt
Program Services$8,900ProgramServicesAmt
Management And General$3,423ManagementAndGeneralAmt
Fundraising$1,370FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$122,166TotalAmt
Program Services$79,408ProgramServicesAmt
Management And General$30,541ManagementAndGeneralAmt
Fundraising$12,217FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$81,222TotalAmt
Program Services$52,794ProgramServicesAmt
Management And General$20,306ManagementAndGeneralAmt
Fundraising$8,122FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
TALENT & PRODUCTION$431,453$431,453
PRODUCTION COST$275,745$275,745
A&W PDP$191,717$191,717
SUBSCRIPTIONS$100,619$65,402$25,155$10,062

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$124,602TotalAmt
Program Services$95,544ProgramServicesAmt
Management And General$23,287ManagementAndGeneralAmt
Fundraising$5,771FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,849,190TotalAmt
Program Services$2,096,469ProgramServicesAmt
Management And General$564,384ManagementAndGeneralAmt
Fundraising$188,337FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,167,662BOYAmt
EOY$634,623EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$4,085,193EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$14,410BOYAmt
EOY$39,510EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,059,322LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$370,834LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$735,725BOYAmt
EOY$688,488EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$143,024BOYAmt
EOY$143,024EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,060,821BOYAmt
EOY$5,590,838EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$53,279BOYAmt
EOY$43,908EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$242,111BOYAmt
EOY$179,482EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$149,236BOYAmt
EOY$149,236EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$444,626BOYAmt
EOY$372,626EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,616,195BOYAmt
EOY$5,218,212EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,616,195BOYAmt
EOY$5,218,212EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,060,821BOYAmt
EOY$5,590,838EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,652,988ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$50,971PriorPeriodAdjustmentsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,411,238CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,540,432CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,336,515CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,007,290CurrentTaxYearMinus1YearAmt
Current Tax Year$4,342,126CurrentTaxYearAmt
Total$12,637,601TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,411,238CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,540,432CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,336,515CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,007,290CurrentTaxYearMinus1YearAmt
Current Tax Year$4,342,126CurrentTaxYearAmt
Total$12,637,601TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,247,153SubstantialContributorsTotAmt
Public Support Total170$8,390,448PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,050CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,053CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$48,348CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$49CurrentTaxYearMinus1YearAmt
Total$82,500TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$9,460CurrentTaxYearAmt
Total$9,460TotalAmt
FieldValueIRS element (for citing)
Total Support$12,729,561TotalSupportAmt
Gross Receipts Rltd Activities$393,522GrossReceiptsRltdActivitiesAmt
Public Support CY1700.65910PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$191,539OtherCostOrOtherBasisAmt
Depreciation$100,320DepreciationAmt
Book Value$91,219BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$867,783OtherCostOrOtherBasisAmt
Depreciation$270,514DepreciationAmt
Book Value$597,269BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$688,488TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,502,178TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$4,502,178RevenueSubtotalAmt
Total Revenue Per Form990$4,502,178TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,849,190TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$2,849,190ExpensesSubtotalAmt
Total Expenses Per Form990$2,849,190TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND THE CORRESPONDING PROVISIONS OF THE CALIFORNIA REVENUE AND TAXATION CODE, EXCEPT TO THE EXTENT OF UNRELATED BUSINESS TAXABLE INCOME (UBTI) AS DEFINED BY THE IRC.THE ORGANIZATION EVALUATES UNCERTAIN TAX POSITIONS THROUGH ITS REVIEW OF THE SOURCES OF INCOME TO IDENTIFY UBTI AND CERTAIN OTHER MATTERS, INCLUDING THOSE WHICH MAY AFFECT ITS TAX EXEMPT STATUS. THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLE AND REASONABLY ESTIMABLE. AS OF JUNE 30, 2022, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL.ExplanationTxt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)

Relationship With OrgRelationshipWithOrgTxtLoan PurposeLoanPurposeTxtLoan To OrganizationLoanToOrganizationIndBalance DueBalanceDueAmtDefaultDefaultIndBoard Or Committee ApprovalBoardOrCommitteeApprovalIndWritten AgreementWrittenAgreementInd
TINA KNOWLES LAWSON
VICE PRESIDENTCASH FLOWYes (X)$167,786falseYes (true)Yes (true)
RICHARD LAWSON
PRESIDENTCASH FLOWYes (X)$11,696falseYes (true)Yes (true)
FieldValueIRS element (for citing)
Total Balance Due$179,482TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonRICHARD LAWSON STUDIOSPersonNm
FieldValueIRS element (for citing)
Transaction$199,874TransactionAmt
TransactionA&W YOUNG ARTIST/PDPTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART VFormAndLineReferenceDesc
ExplanationSCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: (A) NAME OF PERSON: RICHARD LAWSON (B) RELATIONSHIP WITH ORGANIZATION: PRESIDENT (C) PURPOSE OF LOAN: CASH FLOW (D) LOAN TO OR FROM ORGANIZATION? = TO (E) ORIGINAL PRINCIPAL AMOUNT 0. (F) BALANCE DUE 11,696. (G) LOAN IN DEFAULT? = NO (H) APPROVED BY BOARD OR COMMITTEE? = YES (I) WRITTEN AGREEMENT? = YES (A) NAME OF PERSON: TINA KNOWLES LAWSON (B) RELATIONSHIP WITH ORGANIZATION: VICE-PRESIDENT (C) PURPOSE OF LOAN: CASH FLOW (D) LOAN TO OR FROM ORGANIZATION? = TO (E) ORIGINAL PRINCIPAL AMOUNT 0. (F) BALANCE DUE 167,786. (G) LOAN IN DEFAULT? = NO (H) APPROVED BY BOARD OR COMMITTEE? = YES (I) WRITTEN AGREEMENT? = YESExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONLOCATED IN THE BURGEONING NORTH HOLLYWOOD ARTS DISTRICT OF LOS ANGELES, WACO THEATER CENTER (WACO, WHERE ART CAN OCCUR) IS ONE OF THE FEW LOS ANGELES CULTURAL INSTITUTIONS DEDICATED TO CONTEMPORARY PERFORMING AND VISUAL ART OF THE AFRICAN DIASPORA. DRIVEN BY THE MANTRA, "WHERE ART CAN OCCUR," WACO IS DEDICATED TO THE EMPOWERMENT OF ARTISTS WITHIN A DIVERSIFIED POOL OF OUR LA COMMUNITIES AND BEYOND. WACO CENTERS PROVIDING EMERGING AND ESTABLISHED ARTISTS OF AFRICAN DESCENT A PLATFORM AND A VOICE TO USE THEIR CREATIVITY, IN ORDER TO CONNECT AND INSPIRE INDIVIDUALS AND COMMUNITIES THROUGHOUT THE AFRICAN DIASPORA. WITH THIS AS A FOCAL POINT, ARTISTS ARE AN INVALUABLE PART OF THE ORGANIZATION. WE ENCOURAGE ARTISTS TO FIND THEIR TRUE PURPOSE AND AWAKEN THEIR OWN INDIVIDUAL POWER SOURCE, WHICH FUELS THEIR ART. WE FULFILL THIS MISSION BY PRESENTING LIVE DANCE, THEATER, MUSIC, AND INTERDISCIPLINARY EVENTS BY PROFESSIONAL ARTISTS; PROVIDING RESOURCES TO ADVANCE ARTISTS' CAREERS AND WORK; MAINTAINING A ROBUST EDUCATIONAL PROGRAM THAT PROVIDES UNIQUE OPPORTUNITIES FOR MIDDLE AND HIGH SCHOOL STUDENTS TO ENGAGE WITH PROFESSIONAL ARTISTS; DEVELOPING AND PARTNERING ON PROJECTS THAT IMPACT THE FIELD, AND LINKING COMMUNITIES, ARTISTS AND AUDIENCES. SINCE 2017, WACO HAS BEEN PRESENTING, COMMISSIONING, DEVELOPING AND PRODUCING SIGNIFICANT AWARD-WINNING WORKS BY AN ARRAY OF AFRICAN DIASPORIC ARTISTS AND ART FORMS. OUR PROGRAMMING HAS BEEN GROUNDED IN ENSURING THE VIBRANCY AND CONTINUITY OF ARTISTIC CREATION WITH A COMMITMENT TO ARTIST DEVELOPMENT AND AUDIENCE ENGAGEMENT. WE LAUNCHED OUR OPENING SEASON WITH A WEEKEND OF EVENTS, INCLUDING A STAGED READING OF RICHARD WESLEY'S THE TALENTED TENTH AND A SCREENING OF THE DOCUMENTARY KING OF THE STAGE: THE WOODIE KING, JR. STORY. THE WEEKEND CONCLUDED WITH A CONVERSATION WITH MR. WESLEY AND MR. KING MODERATED BY OUR ARTISTIC DIRECTOR, RICHARD LAWSON. OUR FIRST DANCE EVENT FEATURED EMERGING SEATTLE-BASED CHOREOGRAPHER AND DANCER JADE SOLOMON IN HER SOLO PERFORMANCE, BLACK LIKE ME: THE EXPLORATION OF THE WORD NIGGER. FOR TWO CONSECUTIVE YEARS, WE PARTNERED WITH BROOKLYN'S BILLIE HOLIDAY THEATRE TO CO-PRESENT 50IN50, NOTED AS "A PLATFORM FOR AGENCY AND EMPOWERMENT SO THAT ANY WOMAN OR GIRL CAN SHARE HER STORY, REGARDLESS OF CLASS, RACE, AGE, ABILITY, GENDER IDENTITY, NATIONALITY OR SEXUAL ORIENTATION." IN 2019, WACO EXPANDED ITS PERFORMANCE EVENTS WITH THE INTRODUCTION OF A MUSIC SERIES FEATURING LOCAL INDEPENDENT ARTISTS WHO ARE MAKING AN IMPACT. IN 2020, WE INTRODUCED OUR FIRST THEMATIC SEASON. EVENTS WERE CURATED UNDER THE THEME, THE EVOLUTION OF AFRICAN CULTURE. THE SERIES CONSISTED OF PERFORMING ARTS, HUMANITIES AND EDUCATIONAL EVENTS CONCEIVED TO EXPLORE HOW THE AFRICAN ARTISTIC AESTHETIC IS REPRESENTED IN CONTEMPORARY BLACK ART. IN RESPONSE TO NOT BEING ABLE TO HOLD LIVE PERFORMANCES IN FY21 BECAUSE OF THE COVID-19 QUARANTINE, WACO CREATED A SERIES OF ONLINE EVENTS TO REPLACE THOSE THAT WERE PREVIOUSLY SCHEDULED AND TO ENGAGE ARTISTS AND AUDIENCES. A SERIES OF MULTIDISCIPLINARY SHOWCASES WERE DEVELOPED PROVIDING ACCESS TO LOS ANGELES, NATIONAL AND INTERNATIONAL ARTISTS TO SHOWCASE THEIR TALENTS TO AN ONLINE AUDIENCE. TITLED, I GOT THE MIC, THE PROGRAM WAS FIXATED ON WORDPLAY, METAPHORS, EXPRESSIONS AND CREATIVE STORYTELLING. A DYNAMIC VIRTUAL SHOW THAT SHOWCASED POETS, SPOKEN WORD ARTISTS AND WORDSMITHS. EACH SHOWCASE CONSISTED OF A FEATURED POET OR SPOKEN WORD ARTIST, A MUSICAL GUEST PERFORMANCE, DJ, VISUAL ARTIST HIGHLIGHT AND A SPECIAL CO-HOST. THE SERIES RECEIVED OVER 20K VIEWERS ON OUR SOCIAL MEDIA PLATFORMS. WACO IS COMMITTED TO BOTH THE SHARING OF CLASSIC PLAYS WITHIN THE BLACK CANON AND TO SUPPORTING ESTABLISHED ARTISTS. SOLO PERFORMANCES BY VANESSA BELL CALLOWAY (ZORA) AND DEBBI MORGAN (MONKEY ON MY BACK) WERE TWO PLAYS THAT CEMENTED OUR PLACE AMONG THEATRES IN LOS ANGELES. WACO PRODUCED NO PLACE TO BE SOMEBODY, BY CHARLES GORDONE, A 1969 PLAY WHICH RECEIVED THE 1970 PULITZER PRIZE FOR DRAMA. THIS PIECE WAS DIRECTED BY RICHARD LAWSON, A CAST MEMBER IN ONE OF THE EARLY PRODUCTIONS. ARTIST DEVELOPMENT: PROVIDES A SAFE HAVEN FOR ARTISTS OF AFRICAN DESCENT WITH A RANGE OF SUPPORT SERVICES TO ASSIST THEM IN DEVELOPING NEW WORK, INCLUDING REHEARSAL SPACE; HOSTING OPEN REHEARSALS; SUPPORTING AND MARKETING THE DEVELOPMENT OF HUMANITIES ACTIVITIES, AND FACILITATING RELATIONSHIPS WITH PRESENTERS. WACO PROVIDED A TWO-WEEK DEVELOPMENT WORKSHOP FOR THE ENTIRE CREATIVE TEAM OF LOVE HEALS ALL WOUNDS BY LITTLE BUCK AND JOHN BOOGZ. THE PROJECT USES STREET DANCE, POETRY, FILM AND LIVE MUSIC TO EXPRESS THE TWO MEN'S FEELINGS ON SUBJECTS SUCH AS SOCIAL INJUSTICE, RACISM AND ENVIRONMENTAL DESTRUCTION. CREATOR, DAHLAK BRATHWAITE SPENT ONE WEEK IN RESIDENCY FURTHERING THE DEVELOPMENT OF HIS LATEST PROJECT, TRY/STEP/TRIP. THE TIME AT WACO WAS USED TO EXPLORE THE MULTIMEDIA ASPECTS OF THE PROJECT. INSPIRED BY BRATHWAITE'S OWN HISTORY, TRY/STEP/TRIP LAYERS CHARACTERS, POETIC VERSE, AND DIALOGUE OVER THE CONTENT OF SONGS TO CREATE A THEATRICAL PIECE THAT BLURS THE LINES BETWEEN HIP-HOP AND DRAMATIC PERFORMANCE. COMMUNITY PROGRAMS: WE HAVE BROUGHT MANY HIGH-QUALITY ARTS, CULTURAL AND COMMUNITY EVENTS TO OUR VENUE. PARTNERSHIPS WITH LOCAL ORGANIZATIONS FURTHER DEMONSTRATE OUR DEEP COMMITMENT TO EXPANDING OPPORTUNITIES BEYOND THE WALLS OF THE THEATRE. PROGRAMS AND INITIATIVES INCLUDE MPACT: WOMEN EMPOWERMENT SERIES, BLACK EXCELLENCE BRUNCH SERIES, A HUMANITIES SERIES FEATURING CONVERSATIONS WITH ARTISTS AND COMMUNITY LEADERS, BACK-TO-SCHOOL BASH, COLLECTING AND DISTRIBUTING SUPPLIES FOR HURRICANE HARVEY VICTIMS, COLLEGE-ISH (A HIGHER EDUCATION FAIR) FOR LOCAL HIGH SCHOOL STUDENTS AND FREE SCREENINGS AND TALKBACKS OF STUDIO RELEASED FILMS, TO NAME A FEW. EDUCATION AND HUMANITIES: PROGRAMS ARE DESIGNED TO ENHANCE UNDERSTANDING OF OUR PRESENTATIONS AND DEEPEN APPRECIATION OF THE ARTS IN GENERAL. WE OFFER AN INTIMATE VIEW OF THE SOCIAL AND HISTORICAL ENVIRONMENTS WITHIN WHICH WORK IS CREATED. LECTURE/DEMONSTRATIONS, PANEL DISCUSSIONS, WORKSHOPS, ETC. ARE FREE-OF-CHARGE AND PROVIDE ACCESS TO THE ARTS AND TO ARTISTS. OUR SIGNATURE EDUCATION PROGRAMS, TINA'S ANGELS AND RICHARD'S WARRIORS, ARE YEARLY MENTORSHIP PROGRAMS THAT PROVIDE EXPOSURE, EXPERIENCE, AND ARTMAKING OPPORTUNITIES TO OVER 90 STUDENTS, WHO HAVE LITTLE TO NO ACCESS TO THE ARTS. THE PROGRAM BEGAN WITH MIDDLE SCHOOL STUDENTS IN PARTNERSHIP WITH KIPP ACADEMY. IN 2020, THE PROGRAM WAS EXPANDED TO MAINTAIN RELATIONSHIPS WITH STUDENTS AS THEY MATRICULATED TO HIGH SCHOOL. VISUAL ARTS: EXHIBITIONS SERVE AS SPACES FOR VISUAL ARTISTS FROM THE AFRICAN DIASPORA TO DISPLAY THEIR RESPECTIVE WORKS. OUR MOST RECENT EXHIBIT FEATURED THE WORK OF TIFFANIE ANDERSON, A SELF-TAUGHT LOS ANGELES BASED ARTIST. THE EXHIBIT OPENED A FEW MONTHS BEFORE THE COVID-19 SHUT-DOWN. PLANNED EXHIBITS FOR FY21 HAVE BEEN POSTPONED UNTIL WE CAN SAFELY REOPEN. WE KNOW THAT VISUAL ART NOT ONLY CAPTURES CULTURAL MOMENTS BUT INFLUENCES THEM. THESE WORKS HAVE THE POWER TO PROVOKE, INSPIRE, INFORM, AND FORCE NEW WAYS OF THINKING - PARTICULARLY IN TIMES OF CRISIS.
FORM 990, PART IIIDESCRIPTION OF ORGANIZATION MISSION: THE ARTS SPEAK TO OUR CORE VALUES AND REVITALIZE EMPATHY AND CONNECTION, WHICH EMBOLDENS COMMUNIT IDENTITY AND ENCOURAGES CRITICAL THINKING AND PROBLEM SOLVING. THIS IS ESSENTIAL DURING DIFFICULT TIMES WHEN PEOPLE BEGIN TO FEEL DISENFRANCHISED AND SECLUDED. THE WACO THEATER CENTER IS DEDICATED TO THE EMPOWERMENT OF ARTISTS, AND PEOPLE IN GENERAL, WITHIN A DIVERSIFIED POOL OF OUR LA COMMUNITIES AND BEYOND. WE ENCOURAGE ARTISTS TO FIND THEIR TRUE PURPOSE AND AWAKEN THEIR OWN INDIVIDUAL POWER SOURCE, WHICH FUELS THEIR ART. AS PABLO PICASSO SAID: "THE MEANING OF LIFE IS TO FIND OUR GIFT. THE PURPOSE OF LIFE IS TO GIVE IT AWAY". THROUGH THE WELL-CRAFTED GUIDANCE OF OUR ARTISTS DIRECTORS, RICHARD LAWSON & TINA KNOWLES LAWSON, HUNDREDS OF ARTISTS AND OTHERS WILL LEARN TO REACH TANGIBLE GOALS BY APPLYING A SYSTEMATIC ROAD-MAP.
FORM 990, PART VITHE BOARD MEMBERS SIGN A WRITTEN CONFLICT OF INTEREST AND DISCLOSURE STATEMENT AND POLICY EACH YEAR IN WRITING. THE EMPLOYEES ARE NOTIFIED BY AGREEING TO THE ANNUAL CONFLICT OF INTEREST POLICY IN THE EMPLOYER HANDBOOK EACH YEAR.
FORM 990, PAGE 6, PART VI, LINE 2RICHARD LAWSON TINA KNOWLES LAWSON PRESIDENT TREASURER HUSBAND AND WIFE MELBA L.FARQUHAR RALPH FARQUHAR BOARD MEMBER BOARD MEMBER HUSBAND AND WIFE
FORM 990, PAGE 6, PART VI, LINE 11BTHE 990 WAS PRESENTED IN ITS DRAFT FORM TO THE BOARD FOR APPROVAL.
FORM 990, PAGE 6, PART VI, LINE 12CTHE ORGANIZATION CONSISTENTLY MONITORS COMPLIANCE WITH CONFLICT OF INTERESTS' POLICY.
FORM 990, PAGE 6, PART VI, LINE 15AINDEPENDENT BOARD MEMBERS CLOSELY REVIEWS AVAILABLE MARKET DATA TO DETERMINE AND APPROVE COMPENSATION OF THE OFFICERS.
FORM 990, PAGE 6, PART VI, LINE 15BTHE ARTISTIC DIRECTORS AND ED HAVE BEEN PAID EMPLOYEES FOR MORE THAN 3 YEARS AND HAVE NOT RECEIVED A RAISE SINCE THEIR HIRE.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR PUBLIC REVIEW. THE ORGANIZATION'S TAX RETURN FILINGS ARE AVAILABLE FOR VIEW AT WWW.GUIDESTAR.ORG AND UPON REQUEST FROM THE ORGANIZATION.

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