2023-05-10T17:36:46-05:00 2022-06-30 910189318 MOSS ADAMS LLP 3121 W MARCH LN STE 200 STOCKTON CA 952192367 990 2021-07-01 946135772 AMERICAN CONSERVATORY THEATRE FOUNDATION AMER 4158343200 415 GEARY STREET SAN FRANCISCO CA 94102 JIM SIVORI CHIEF FINANCIAL OFFICER 4158343200 2023-05-08 1 JIM SIVORI 999009999 TRACY S PAGLIA P00366884 2099556100 2023-05-08 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z AMERICAN CONSERVATORY THEATER JENNIFER BIELSTEIN 415 GEARY STREET SAN FRANCISCO CA 94102 18397150 0 X WWW.ACT-SF.ORG X 1966 CA ACT FOUNDATION NURTURES THE ART OF LIVE THEATER, ACTOR TRAINING AND COMMUNITY ENGAGEMENT. 40 38 334 195 9157 8157 13413817 14278481 2935616 2407220 4530685 250533 95796 489477 20975914 17425711 21666500 301938 0 0 7249573 9337670 92766 9708 1668106 5912670 6136091 34921509 15785407 -13945595 1640304 52882749 51278061 8616831 7774992 44265918 43503069 AMERICAN CONSERVATORY THEATRE FOUNDATION (ACT FOUNDATION) IS AN ESSENTIAL GATHERING PLACE THAT BRINGS ARTISTS AND COMMUNITIES TOGETHER TO INSPIRE AND PROVOKE THROUGH THE CREATION OF THEATER AND THROUGH TRAINING AND EDUCATION. 0 0 7124582 0 1273531 ACT FOUNDATION IS NATIONALLY RECOGNIZED FOR ITS GROUNDBREAKING PRODUCTIONS OF CLASSICAL AND CONTEMPORARY PLAYWRITING, AND CELEBRATED ACTOR TRAINING. THE COMPANY PRODUCES CHALLENGING THEATER IN THE RICH CONTEXT OF SYMPOSIA, AUDIENCE DISCUSSIONS AND COMMUNITY INTERACTION. 3546142 301938 1133689 THE CONSERVATORY SERVES MORE THAN 1,200 STUDENTS EVERY YEAR. IT WAS THE FIRST ACTOR TRAINING PROGRAM IN THE UNITED STATES NOT AFFILIATED WITH A COLLEGE OR UNIVERSITY TO BE ACCREDITED TO AWARD A MASTER OF FINE ARTS DEGREE. THE MASTER OF FINE ARTS PROGRAM CLOSED DURING A.C.T.'S CURRENT FISCAL YEAR THOUGH THE OTHER CONSERVATORY PROGRAMS CONTINUE. DANNY GLOVER, ANNETTE BENING, DENZEL WASHINGTON, BENJAMIN BRATT AND ANIKA NONI ROSE ARE AMONG THE CONSERVATORY'S DISTINGUISHED FORMER STUDENTS. THE EDUCATION AND COMMUNITY EFFORTS REACH STUDENTS IN SCHOOLS AND COMMUNITY CENTERS THROUGHOUT THE BAY AREA. 10670724 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 126 0 1 334 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 40 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JIM SIVORI 4158343200 415 GEARY STREET SAN FRANCISCO CA 94102 JENNIFER BIELSTEIN EXECUTIVE DIRECTOR & TRUSTEE 40.00 1.00 X X 392127 0 16800 PAMELA MACKINNON ARTISTIC DIRECTOR & TRUSTEE 40.00 1.00 X X 384661 0 10696 DAVID RIEMER CHAIR - BOARD OF TRUSTEES 15.00 0.00 X X 0 0 0 ROBINA RICCITIELLO PRESIDENT - BOARD OF TRUSTEES 15.00 0.00 X X 0 0 0 PATTI S HART TREASURER - BOARD OF TRUSTEES 1.00 0.00 X X 0 0 0 JOAQUIN TORRES SECRETARY - BOARD OF TRUSTEES 1.00 0.00 X X 0 0 0 CELESTE FORD VICE CHAIR - BOARD OF TRUSTEES 1.00 1.00 X X 0 0 0 PRISCILLA B GEESLIN VICE CHAIR - BOARD OF TRUSTEES 1.00 1.00 X X 0 0 0 RUSTY RUEFF VICE CHAIR - BOARD OF TRUSTEES 1.00 0.00 X X 0 0 0 STEVEN L SWIG VICE CHAIR - BOARD OF TRUSTEES 1.00 1.00 X X 0 0 0 ADRIANA VERMUT VICE CHAIR - BOARD OF TRUSTEES 1.00 0.00 X X 0 0 0 PATRICK S THOMPSON MFA BOARD CHAIR 1.00 0.00 X X 0 0 0 SCHATZIE ALLEN-JEFFERSON TRUSTEE 1.00 0.00 X 0 0 0 RALPH A CLARK TRUSTEE 1.00 0.00 X 0 0 0 JILL COWAN TRUSTEE 1.00 0.00 X 0 0 0 PATRICK DEVLIN TRUSTEE 1.00 0.00 X 0 0 0 KATHLEEN DONOHUE TRUSTEE 1.00 0.00 X 0 0 0 JESSE LEE ELLER TRUSTEE 1.00 0.00 X 0 0 0 LINDA JO FITZ TRUSTEE 1.00 0.00 X 0 0 0 FRANCOISE G FLEISHHACKER TRUSTEE 1.00 0.00 X 0 0 0 KEN FULK TRUSTEE 1.00 0.00 X 0 0 0 KIRKE M HASSON TRUSTEE 1.00 1.00 X 0 0 0 JO S HURLEY TRUSTEE 1.00 0.00 X 0 0 0 RODNEY EARL JACKSON JR TRUSTEE 1.00 0.00 X 0 0 0 DAVID L JONES TRUSTEE 1.00 0.00 X 0 0 0 JASCHA KAYKAS-WOLFF TRUSTEE 1.00 0.00 X 0 0 0 CRISTY J LIMON TRUSTEE 1.00 0.00 X 0 0 0 HEATHER STALLINGS LITTLE TRUSTEE 1.00 0.00 X 0 0 0 RODMAN MARYMOR TRUSTEE 1.00 0.00 X 0 0 0 KATHERINE MCGEE TRUSTEE 1.00 0.00 X 0 0 0 MICHELE BALLARD MILLER TRUSTEE 1.00 0.00 X 0 0 0 JEFFREY MINICK TRUSTEE 1.00 0.00 X 0 0 0 GERINE ONGKEKO TRUSTEE 1.00 0.00 X 0 0 0 TONI REMBE TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL J RICHTER TRUSTEE 1.00 0.00 X 0 0 0 JOMAR TAGATAC TRUSTEE 1.00 0.00 X 0 0 0 JEFFREY W UBBEN TRUSTEE (THRU 06/22) 1.00 1.00 X 0 0 0 BD WONG TRUSTEE 1.00 0.00 X 0 0 0 NOLA YEE TRUSTEE 1.00 0.00 X 0 0 0 JAY YAMANDA TRUSTEE 1.00 0.00 X 0 0 0 JIM SIVORI CHIEF FINANCIAL OFFICER 40.00 1.00 X 155885 0 13008 CAITLIN QUINN DIRECTOR OF DEVELOPMENT 40.00 0.00 X 255222 0 8293 THOMAS MORGAN IT DIRECTOR 40.00 0.00 X 161315 0 3241 TIFFANY REDMON DEPUTY DIR. OF DEVELOPMENT 40.00 0.00 X 156602 0 2369 LOUISA LISKA DIRECTOR OF MANAGEMENT & OPS 40.00 1.00 X 129370 0 15869 MARTIN BARRON DIRECTOR OF PRODUCTION 40.00 0.00 X 109677 0 17804 ANDREW CHAN DONALD ASSOCIATE ARTISTIC DIRECTOR 40.00 0.00 X 112754 0 9160 PETER KUO DIRECTOR OF THE CONSERVATORY 40.00 0.00 X 110365 0 9139 DANYON DAVIS DIRECTOR OF THE MFA 40.00 0.00 X 111435 0 2872 2079413 0 109251 13 0 1 0 ANDERSON GROUP INTERNATIONAL PO BOX 20070 BAKERSFIELD CA 93390 RESTORATION AND REMEDIATION SERVICES 582063 HORWITH ACCOUNTANCY CORP 500 BELDEN STREET 8 MONTEREY CA 93940 CONSULTING SERVICES FOR ACCOUNTING 348525 MADE MEDIA INC PO BOX 24223 BROOKLYN NY 112024223 WEBSITE DESIGN & HOSTING SERVICES 216231 FARELLA BRAUN & MARTEL LLP 235 MONTGOMERY STREET SAN FRANCISCO CA 94104 LEGAL SERVICES 176622 4 103000 8225808 5949673 319904 14278481 THEATER BOX OFFICE INC 711110 1173156 1173156 CONSERVATORY TUITION 611310 1133689 1133689 CONCESSIONS 711110 64705 64705 CO-PRODUCTION & ENHANCEMENT INCOM 711110 25125 25125 COSTUME RENTAL 711110 10545 10545 2407220 258088 9157 248931 662063 413592 248471 248471 248471 550292 557847 -7555 -7555 -7555 0 103000 0 0 DEVELOPER FEE 711110 211493 211493 OTHER INCOME 900099 29513 29513 241006 17425711 2407220 9157 730853 301938 301938 1638074 786490 436324 415260 6133367 4465917 1137451 529999 121139 93291 19837 8011 827559 534294 216648 76617 617531 451437 99212 66882 17105 4500 12605 147558 147558 9708 9708 19905 19905 384488 364060 3051 17377 60741 36667 6797 17277 350826 229574 86265 34987 35178 35178 1915775 1253643 471075 191057 102393 71390 29909 1094 69450 1798 67378 274 1176905 770141 289393 117371 258433 160545 69891 27997 PRODUCTION EXPENSES 1010261 887229 119301 3731 TICKETING FEE & CHARGES 124892 114876 2063 7953 DUES AND SUBSCRIPTIONS 89380 17940 55840 15600 372801 89816 156074 126911 15785407 10670724 3446577 1668106 2549557 13004599 5596106 2024784 3883016 2267825 1861667 649630 2535598 2788753 321257 438426 36648234 22298671 15254394 14349563 10335244 13687705 4707592 1858725 5838318 208051 52882749 51278061 1571527 1856236 1913431 2255191 1891770 242991 1647450 2036384 1592653 1384190 8616831 7774992 X 18242212 20327452 26023706 23175617 44265918 43503069 52882749 51278061 X 1640304 -2393996 -9157 X 0 1 X 1 0 X 9566737 8129628 17344179 13399732 14278481 62718757 9566737 8129628 17344179 13399732 14278481 62718757 12316661 50402096 1201885 986228 668992 646212 910994 4414311 65217 21573 9157 95947 2367472 1146933 318611 145412 241006 4219434 71448449 36247992 0.70540 0.64100 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2017 AMOUNT: $ 2,367,472. 2018 AMOUNT: $ 1,146,933. 2019 AMOUNT: $ 318,611. 2020 AMOUNT: $ 145,412. 2021 AMOUNT: $ 241,006. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27987236 1000000 -2105955 1200986 60015 25620280 24292329 4795529 1050000 50622 27987236 25476821 415508 1600000 24292329 26283700 10000 821285 1638164 25476821 25691809 2231630 1639739 26283700 0.00000 0.82498 0.17502 1 0 1798889 1798889 30303283 18961178 11342105 4253035 3284571 968464 293027 52922 240105 14349563 PENSION PLAN LIABILITY 138036 DEFERRED DEVELOPER FEES 1246154 1384190 PART V, LINE 4: THE EARNINGS OF ACT FOUNDATION'S ENDOWMENT FUNDS PROVIDE PROGRAM AND INSTITUTIONAL SUPPORT TO DELIVER ALL OF ACT FOUNDATION THEATER, TRAINING AND EDUCATION PROGRAMS. GALA 103000 103000 103000 103000 1 MFA, SFS AND YC PROGRAM SCHOLARSHIPS AND AWARDS 82 301938 PART I, LINE 2: ACT FOUNDATION GRANTS ARE TUITION SCHOLARSHIPS AWARDED TO STUDENTS ATTENDING THE CONSERVATORY PROGRAM. TUITION SCHOLARSHIP AWARD AMOUNTS ARE REVIEWED AND APPROVED BY THE FINANCIAL AID DIRECTOR AND THE CONSERVATORY DIRECTOR. GRANT MONITORING IS ACCOMPLISHED BY ACT FOUNDATION APPLYING THE SCHOLARSHIP AWARD DIRECTLY AS A REDUCTION IN TUITION EXPENSES OWED. X X X X X 0 0 0 0 0 0 0 0 0 JENNIFER BIELSTEIN EXECUTIVE DIRECTOR & TRUSTEE 392127 0 0 0 0 0 5800 0 11000 0 408927 0 0 0 PAMELA MACKINNON ARTISTIC DIRECTOR & TRUSTEE 384661 0 0 0 0 0 4070 0 6626 0 395357 0 0 0 CAITLIN QUINN DIRECTOR OF DEVELOPMENT 255222 0 0 0 0 0 0 0 8293 0 263515 0 0 0 JIM SIVORI CHIEF FINANCIAL OFFICER 155885 0 0 0 0 0 0 0 13008 0 168893 0 0 0 THOMAS MORGAN IT DIRECTOR 161315 0 0 0 0 0 3241 0 0 0 164556 0 0 0 TIFFANY REDMON DEPUTY DIR. OF DEVELOPMENT 156602 0 0 0 0 0 2369 0 0 0 158971 0 0 0 X 12 319904 0 0 1 0 PART I, COLUMN (B): COLUMN B IS NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY MOSS ADAMS LLP BASED ON AUDITED FINANCIAL STATEMENTS AND WITH THE ASSISTANCE OF ACT FOUNDATION'S FINANCE AND ACCOUNTING STAFF. THE DRAFT IS REVIEWED BY THE CONTROLLER, CFO AND THE EXECUTIVE DIRECTOR WITH REVISIONS INCORPORATED AS NEEDED. THE TAX RETURN IS ALSO PROVIDED TO THE AUDIT COMMITTEE AND IS MADE AVAILABLE TO ALL TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES AND OFFICERS ARE REQUIRED TO FILL OUT A CONFLICT OF INTEREST DISCLOSURE STATEMENT ON AN ANNUAL BASIS. TRUSTEES ARE EXPECTED TO RECUSE THEMSELVES FROM BOARD OF TRUSTEE OR COMMITTEE MEETINGS WHERE A CONFLICT OF INTEREST MAY ARISE. STAFF AND BOARD LEADERSHIP ARE ALSO AWARE OF THE CONFLICTS IN ORDER TO ENFORCE COMPLIANCE. ACT FOUNDATION ENSURES MONITORING OF CONTRACTS AND TRANSACTIONS AND ENFORCEMENT PROCEDURES TO INVESTIGATE AND TAKE CORRECTIVE ACTION WHEN A POTENTIAL CONFLICT HAS BEEN IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE ARTISTIC DIRECTOR AND THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY A SUB-COMMITTEE APPOINTED BY THE BOARD. THE ARTISTIC DIRECTOR AND EXECUTIVE DIRECTOR ARE CONTRACTED DIRECTLY BY THE BOARD, WITH CONTRACTS COVERING MUTLI-YEAR TERMS. AS PART OF THE RENEWAL PROCESS, THE BOARD UTILIZES DATA FROM INDUSTRY SPECIFIC SOURCES TO BENCHMARK COMPENSATION FOR THESE POSITIONS. COMPENSATION FOR KEY EMPLOYEES IS DETERMINED BY BENCHMARKING AGAINST MARKET/INDUSTRY SPECIFIC DATA WITHIN BOTH THE THEATER AND NON-PROFIT INDUSTRIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ACT FOUNDATION'S CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE PUBLIC UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UBI -9,157. ACT MARKET STREET 415 GEARY STREET SAN FRANCISCO CA 94102 463452490 FOR THE BENEFIT OF ACT FOUNDATION CA 501(C)(3) LINE 12A, I AMERICAN CONSERVATORY THEATRE FOUNDATION 1 0 1 0 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0