2023-05-15T09:13:54-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2021-07-01 412017278 HENNEPIN THEATRE TRUST HENN 6124559500 900 HENNEPIN AVENUE MINNEAPOLIS MN 55403 MARK NERENHAUSEN PRESIDENT/CEO 6124559500 2023-05-12 1 MARK NERENHAUSEN 999009999 MACKENZIE MCNAUGHTON P02025805 6123764500 2023-05-12 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MARK NERENHAUSEN 900 HENNEPIN AVENUE MINNEAPOLIS MN 55403 37479307 0 X WWW.HENNEPINTHEATRETRUST.ORG X 2000 MN TO CREATE POSITIVE CHANGE THROUGH THE ARTS BY BRINGING TOGETHER PEOPLE, BUSINESSES AND ORGANIZATIONS TO CREATE AND ENJOY CULTURAL EXPERIENCES. 24 23 61 25 70005 1378 4765656 15460974 58595 21940200 1914 1 -292 36173 4825873 37437348 0 0 0 0 2479237 3642569 0 0 1028299 3072417 24789514 5551654 28432083 -725781 9005265 22588604 31187926 18323149 17917206 4265455 13270720 X HENNEPIN THEATRE TRUST DRIVES CULTURAL AND ECONOMIC VITALITY IN MINNESOTA THROUGH LEADERSHIP OF THE DYNAMIC HENNEPIN THEATRE DISTRICT IN DOWNTOWN MINNEAPOLIS AND EDUCATIONAL PROGRAMMING THAT REACHES EVERY AREA OF THE STATE. ITS FIVE HISTORIC VENUES - THE ORPHEUM, STATE, PANTAGES, AND DUDLEY RIGGS THEATRES, ALONG WITH THE HENNEPIN EVENT CENTER - LIGHT UP HENNEPIN AVENUE WITH TOP-TIER ENTERTAINMENT, INCLUDING THE BEST OF BROADWAY AND A WIDE VARIETY OF ARTS PROGRAMMING. THE TRUST IS A NONPROFIT 501(C)(3) ORGANIZATION. 1 0 20965007 0 21887389 PROGRAMMING: HENNEPIN THEATRE TRUST PROTECTS AND PRESERVES THE IMPORTANT HISTORIC ARTS DISTRICT AND IMPROVES THE EXPERIENCE FOR ALL WHO WORK, PLAY, LIVE OR VISIT DOWNTOWN. 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 350,000 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, INCLUDING DAVID BYRNE, AMOS LEE, SOUNDS OF BLACKNESS, IRA GLASS, DANCING WITH THE STARS, BRAZILIAN SINGER SEU JORGE, PAUL REISER AND ALI WONG. COMBINED, OUR DIVERSE THEATRE PROGRAMMING BRINGS MORE THAN 600,000 PEOPLE TO DOWNTOWN MINNEAPOLIS FROM AROUND THE UPPER MIDWEST REGION AND BEYOND. THE TRUST CONTRIBUTES MILLIONS TO THE LOCAL CREATIVE ECONOMY, INCLUDING LOCAL ARTISTS AND TECHNICIANS. AS LEADERS OF THE HENNEPIN THEATRE DISTRICT, WE BRING TOGETHER A WIDE RANGE OF STAKEHOLDERS ON NUMEROUS PROJECTS, AND DEVELOP PUBLIC-PRIVATE PARTNERSHIPS THAT UNLOCK POSITIVE SOLUTIONS TO CHALLENGES IN DOWNTOWN SUCH AS BUSINESS VACANCIES, HOMELESSNESS, SAFETY AND YOUTH UNEMPLOYMENT. 560989 0 0 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. THE MONTHLY EVENT BRINGS LIVE MUSIC AND ART EXPERIENCES TO OUTDOORS SPACES ON HENNEPIN AVENUE, AND PROVIDES ATTENDEES WITH FOOD AND CONNECTIONS TO SOCIAL SERVICES.IN 2018, WE LAUNCHED THE "IT'S THE PEOPLE" INITIATIVE INSPIRED BY THE PEOPLE WHOSE EXPERIENCES AND STORIES CREATE THE UNIQUE VIBRANCY OF HENNEPIN AVENUE. THE MAJOR PUBLIC ART PROJECT CAPTURES THE HEART AND SOUL OF MINNEAPOLIS' MOST FAMOUS STREET THROUGH NINE LARGE-SCALE BANNERS DISPLAYED ON FIVE BUILDINGS BETWEEN 5TH AND 10TH STREETS ALONG HENNEPIN AVENUE."WE ARE STILL HERE IS A MULTIYEAR COLLABORATIVE PARTNERSHIP BETWEEN NATIVE AMERICAN COMMUNITY DEVELOPMENT INSTITUTE [NACDI] AND HENNEPIN THEATRE TRUST TO BRING LARGE-SCALE, HIGH-PROFILE PUBLIC ARTWORKS TO THE HENNEPIN THEATRE DISTRICT AND THE AMERICAN INDIAN CULTURE CORRIDOR. THIS ONGOING AND EVOLVING INITIATIVE SEEKS TO MATCH EMERGING NATIVE ARTISTS WITH ESTABLISHED NATIVE ARTS MENTORS IN AN EXTENDING FELLOWSHIP THAT CREATES A VARIETY OF PUBLIC ART WORKS WHICH PROMOTE NATIVE AND INDIGENOUS STORYTELLING IN THE COMMUNITY ALONG HENNEPIN AVENUE AND THROUGHOUT THE GREATER TWIN CITIES METRO AREA. 757793 0 0 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 AND APPRECIATION 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'S LARGEST CELEBRATION OF HIGH SCHOOL THEATER AND PROVIDES OVER 1,600 STUDENTS THE OPPORTUNITY TO PERFORM AT THE HISTORIC STATE THEATRE. ADDITIONALLY, SPOTLIGHT EDUCATION PARTNERS WITH COMMUNITY ORGANIZATIONS AND ELEMENTARY SCHOOLS TO CREATE INCLUSIVE AND SUSTAINABLE ARTS EXPERIENCES.DISNEY MUSICALS IN SCHOOLS (DMIS) IS A PROGRAM THAT DEVELOPS SUSTAINABLE MUSICAL THEATER PROGRAMS IN PUBLIC ELEMENTARY SCHOOLS. HENNEPIN THEATRE TRUST PAIRS PROFESSIONAL TEACHING ARTISTS WITH TEAMS OF SCHOOL-BASED EDUCATORS TO PRODUCE A 30-MINUTE VERSION OF A DISNEY MUSICAL, HELPING TO FOSTER POSITIVE RELATIONSHIPS BETWEEN STUDENTS, FACULTY, STAFF, PARENTS AND THE COMMUNITY. DMIS HELPS TO DEVELOP THE WIDE SPECTRUM OF SKILLS NEEDED WHEN PRODUCING A PIECE OF MUSICAL THEATER, INCLUDING CRITICAL THINKING, PROBLEM SOLVING, ENSEMBLE BUILDING, COMMUNICATION, SELF-CONFIDENCE AND INTERPERSONAL SKILLS. 22283789 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 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 1 140 0 1 61 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X MARK NERENHAUSEN 6124559510 900 HENNEPIN AVE MINNEAPOLIS MN 55403 MARK NERENHAUSEN PRESIDENT/CEO 50.00 X X 364505 0 64679 JAY NOVAK PAST CHAIR 1.00 X 0 0 0 TRAVIS BARKVE BOARD CHAIR 5.00 X X 0 0 0 ANDREA MOKROS VICE CHAIR 1.00 X X 0 0 0 DAN TENENBAUM SECRETARY 1.00 X X 0 0 0 RYAN JOHNSON TREASURER 1.00 X X 0 0 0 MARIE BECKER TRUSTEE 1.00 X 0 0 0 MOLLY BIWER TRUSTEE 1.00 X 0 0 0 BARBARA BRIN TRUSTEE 1.00 X 0 0 0 ORLANDO BRYANT TRUSTEE 1.00 X 0 0 0 JUSTIN BUOEN TRUSTEE 1.00 X 0 0 0 AL COLEMAN TRUSTEE 1.00 X 0 0 0 MICHELE ENGDAHL TRUSTEE 1.00 X 0 0 0 GLORIA FREEMAN TRUSTEE 1.00 X 0 0 0 KATHLEEN GULLICKSON TRUSTEE 1.00 X 0 0 0 ANDREA HART KAJER TRUSTEE 1.00 X 0 0 0 JAYNE HAUGEN TRUSTEE 1.00 X 0 0 0 HERSCHEL HERNDON TRUSTEE 1.00 X 0 0 0 CHRISTINE KWIAT TRUSTEE 1.00 X 0 0 0 DORRAINE LARISON TRUSTEE 1.00 X 0 0 0 BILL MOFFLY TRUSTEE 1.00 X 0 0 0 SUE ROSS TRUSTEE 1.00 X 0 0 0 MELVIN TENNANT TRUSTEE 1.00 X 0 0 0 JENNIE WEBER TRUSTEE 1.00 X 0 0 0 BRET WEISS TRUSTEE 1.00 X 0 0 0 JIM LANGEMO CHIEF ADMINISTRATIVE OFFICER 50.00 X 177617 0 33772 LISA KROHN DIRECTOR OF THEATRE PROGRA 40.00 X 113086 0 33094 655208 0 131545 6 0 1 0 MRB TOUR LLC 1650 BROADWAY NEW YORK NY 10019 SHOW PRODUCTION 1537744 FISH WITH CHEESE LP 630 NINTH AVENUE SUITE 610 NEW YORK NY 10036 SHOW PRODUCTION 555596 PROM TOURING LLC 7135 MINSTREL WAY SUITE 105 COLUMBIA MD 21045 SHOW PRODUCTION 536250 LATHROP GPM 2345 GRAND BLVD SUITE 2200 KANSAS CITY MO 64108 LEGAL SERVICES 240384 WCCO TV 90 SOUTH 11TH STREET MINNEAPOLIS MN 55403 ADVERTISING 171243 11 10822102 4638872 152610 15460974 SHOW REVENUE 711300 21774031 21774031 COMMUNITY PROGRAMS 900099 113358 113358 EVENT CENTER RENTAL RE 532000 44531 44531 MARKETING REVENUE 900099 8280 8280 21940200 1 1 78132 41959 36173 17194 18979 37437348 21887389 70005 18980 X 565960 565960 2544927 1571781 517941 455205 63218 49021 14197 218047 147653 27632 42762 250417 130552 82056 37809 244759 244759 38100 38100 18146099 17821946 257286 66867 2704537 2704537 646151 347310 265281 33560 89070 77504 7338 4228 1056492 975454 81038 770440 711342 59098 80794 20048 60746 MISCELLANEOUS EXPENSES 381228 139452 207672 34104 MEMBERSHIP EXPENSE 339567 339567 COMMUNITY PROGRAM EXPEN 292277 291726 551 28432083 22283789 5119995 1028299 4579695 11786257 262788 115435 458392 497492 6551 18138 133863 230433 28987782 10447611 17147315 18540171 22588604 31187926 314172 1253175 222851 139632 17126085 16374768 660041 149631 18323149 17917206 X 3189829 12803072 1075626 467648 4265455 13270720 22588604 31187926 9005265 0 X X 0 1 X 1 1 1 X 7015121 4867022 4735861 4765656 15460974 36844634 23431198 44527622 14896067 55573 21887389 104797849 30446319 49394644 19631928 4821229 37348363 141642483 292943 22753 15000 39088 68928 438712 0 292943 22753 15000 39088 68928 438712 141203771 53331 72351 61518 1914 1 189115 53331 72351 61518 1914 1 189115 21125 82021 9002 2730 114878 30520775 49549016 19702448 4825873 37348364 141946476 0.99480 0.99370 0.00130 0.00230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1765900 1765900 25382621 9450855 15931766 1660176 996756 663420 179085 179085 18540171 X 37510873 73525 73525 37437348 0 37437348 28505608 73525 73525 28432083 0 28432083 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 257412 0 107093 0 0 0 31100 0 33579 0 429184 0 0 0 JIM LANGEMO CHIEF ADMINISTRATIVE OFFICER 145265 0 32352 0 0 0 14209 0 19563 0 211389 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 1200 150000 FAIR MARKET VALUE X CATERING - MEALS 1 2610 FAIR MARKET VALUE 0 0 0 0 FORM 990, PART III, LINE 2 IN DECEMBER 2021, HENNEPIN THEATRE TRUST PURCHASED THE ASSETS OF THE BRAVE NEW WORKSHOP (BNW) COMEDY THEATRE AS WELL AS THE BUILDING LOCATED AT 824 HENNEPIN AVENUE IN DOWNTOWN MINNEAPOLIS, NOW KNOWN AS THE DUDLEY RIGGS THEATRE. THE BRAVE NEW WORKSHOP IS NOW IN ITS 64TH YEAR OF CRAFTING AUDACIOUS AND ORIGINAL SATIRICAL SKETCH COMEDY AND IMPROVISATION. FOUNDED IN 1958, THE BRAVE NEW WORKSHOP IS THE LONGEST RUNNING COMEDY THEATRE IN THE UNITED STATES. 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 2022. 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 17,821,946. MANAGEMENT AND GENERAL EXPENSES 257,286. FUNDRAISING EXPENSES 66,867. TOTAL EXPENSES 18,146,099. FORM 990, PART XII, 2C THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.