2023-06-08T10:13:38-05:00 2022-08-31 946214841 ARMANINO LLP 12657 ALCOSTA BLVD STE 500 SAN RAMON CA 945834600 990 2021-09-01 941679756 BERKELEY REPERTORY THEATRE BERK 5106472900 999 HARRISON STREET BERKELEY CA 94710 WILLIAM ESPEY TREASURER 5106472900 2023-06-06 1 WILLIAM ESPEY 999009999 KATY BROWN P00650274 9257902600 2023-06-02 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z SUSAN MEDAK 999 HARRISON STREET BERKELEY CA 94710 24665248 0 X WWW.BERKELEYREP.ORG X 1968 CA THE THEATRE PRODUCES PREMIERES OF NEW WORK AND MAJOR PRODUCTIONS FROM AN INTERNATIONAL REPERTOIRE. 23 21 247 475 591 0 10720565 16080133 599222 7960219 244148 -151746 -193921 136871 11370014 24025477 1965 1450 0 0 6121350 11133138 0 0 885334 3544406 8549898 9667721 19684486 1702293 4340991 78284133 81362315 51761513 51281027 26522620 30081288 X PLEASE SEE SCHEDULE O FOR THE COMPLETE MISSION STATEMENT.BERKELEY REPERTORY THEATRE CREATES AMBITIOUS THEATRE THAT ENTERTAINS AND CHALLENGES ITS AUDIENCES, PROVOKES CIVIC ENGAGEMENT, AND INSPIRES PEOPLE TO EXPERIENCE THE WORLD IN NEW AND SURPRISING WAYS. KNOWN FOR ITS CORE VALUES OF STORYTELLING, RIGOR, INNOVATION, EQUITY, DISCOVERY, AND SUSTAINABILITY, BERKELEY REP DRAWS THEATRE ARTISTS FROM AROUND THE COUNTRY AND THE WORLD TO PRODUCE AN ANNUAL SEVEN-PLAY SEASON AND UP TO FOUR ADDITIONAL SPECIAL EVENT PRESENTATIONS THAT INVITE AUDIENCES TO ENJOY AN ECLECTIC RANGE OF THEATRICAL EXPERIENCES FEATURING DIVERSE ARTISTIC VOICES, THEMES, AND PERSPECTIVES. 0 0 13333624 6566651 EMERGING FROM THE COVID-19 PANDEMIC, OUR 2021-22 SEASON STARTED LATER THAN USUAL AND EXTENDED BEYOND THE END OF THE FISCAL YEAR. AS A RESULT, WE PERFORMED SIX OF THE SEVEN-SHOW SEASON DURING THE FISCAL YEAR, INCLUDING TWO WORLD PREMIERE MUSICALS: SWEPT AWAY WRITTEN BY TONY AND ACADEMY AWARD WINNER JOHN LOGAN, FEATURING THE MUSIC OF THE AVETT BROTHERS WITH ARRANGEMENTS AND ORCHESTRATIONS BY CHRIS MILLER AND BRIAN USIFER, DIRECTED BY TONY AWARD WINNER MICHAEL MAYER AND CHOREOGRAPHED BY DAVID NEUMANN; AND GODDESS CONCEIVED AND DIRECTED BY SAHEEM ALI, WITH BOOK BY JOCELYN BIOH, MUSIC AND LYRICS BY MICHAEL THURBER, ADDITIONAL LYRICS BY MKHULULI Z. MABIJA, AND CHOREOGRAPHY BY DARRELL GRAND MOULTRIE. OTHER PRODUCTIONS INCLUDED CHARLES L. MEE'S COMEDY WINTERTIME (CONTINUED ON SCHEDULE O)DIRECTED BY FORMER BERKELEY REP ASSOCIATE ARTISTIC DIRECTOR AND LONG-TIME ARTISTIC COLLABORATOR LES WATERS; DAVE MALLOY'S AWARD-WINNING OFF-BROADWAY HIT OCTET DIRECTED BY ANNIE TIPPE; LUCAS HNATH'S TONY AWARD-WINNING PLAY DANA H. ALSO DIRECTED BY LES WATERS; AND THE WEST COAST PREMIERE OF PULITZER PRIZE WINNER MARTYNA MAJOK'S PLAY SANCTUARY CITY DIRECTED BY DAVID MENDIZBAL. CUMULATIVE ATTENDANCE TOTALED 71,190 PLUS AN ESTIMATED ADDITIONAL 44,000 DIGITAL AUDIENCE MEMBERS INCLUDING SUBSCRIBERS AND SCHOOL CHILDREN WHO WERE UNABLE OR UNWILLING TO ATTEND PERFORMANCES IN PERSON. 875061 1450 244892 DESPITE CHALLENGES BROUGHT ON BY COVID-19, BERKELEY REP'S SCHOOL OF THEATRE (SOT) CONTINUED TO PROVIDE COMPREHENSIVE ARTS LEARNING OPPORTUNITIES, SERVING CLOSE TO 3,500 BAY AREA CHILDREN, TEENS, AND ADULTS IN 2021-22. DURING THE SCHOOL YEAR, THE SOT OFFERED A DIVERSE ARRAY OF IN-CLASS RESIDENCIES FOR ELEMENTARY, MIDDLE, AND HIGH SCHOOL STUDENTS IN ALAMEDA, CONTRA COSTA, MARIN, NAPA, SAN FRANCISCO, AND SAN MATEO COUNTIES. THESE RESIDENCIES ENGAGED CLOSE TO 700 STUDENTS IN 35 CLASSROOMS, 10% OF WHICH WERE IN TITLE-1 SCHOOLS, WITH CLOSE TO 1,000 CONTACT HOURS OF CURRICULA SUCH AS STORY BUILDERS, CHANGE MAKERS, STAGE COMBAT, IMPROVISATION, AND PLAYWRITING. OTHER SOT INITIATIVES INCLUDED BERKELEY REP'S TEEN COUNCIL THAT CONDUCTED BOTH ONLINE AND IN-PERSON PROGRAMS, (CONTINUED ON SCHEDULE O)INCLUDING THE SECOND ANNUAL HIGH SCHOOL FILM FESTIVAL INVOLVING CLOSE TO 100 TEENS, AND ATTENDANCE AT TEEN NIGHTS FOR THE SEASON SHOWS; AND THE RETURN OF THE NEXT GENERATION FELLOWSHIP PROGRAM OFFERING 13 EARLY-CAREER PROFESSIONALS THE OPPORTUNITY TO ENGAGE IN SPECIFIC PRODUCTION AND ADMINISTRATIVE FIELDS WHILE ALSO PARTICIPATING IN LEARNING ACTIVITIES ACROSS DISCIPLINES. 409230 848990 IN ADDITION TO OUR SUBSCRIPTION SEASON, IN 2021-22 WE OFFERED TWO SPECIAL PRODUCTIONS: MIKE BIRBIGLIA: THE OLD MAN AND THE POOL AND FRAN LEBOWITZ IN WHICH BOTH RENOWNED PERFORMERS BROUGHT THEIR UNIQUE FORM OF INSIGHTFUL ENTERTAINMENT TO COMBINED AUDIENCES OF 11,388. 637619 299686 THE GROUND FLOOR, BERKELEY REP'S CENTER FOR THE CREATION AND DEVELOPMENT OF NEW WORK CELEBRATED ITS 10TH ANNIVERSARY IN 2022, BUT BECAUSE OF COVID-RELATED SCHEDULING ISSUES, THE SIGNATURE SUMMER RESIDENCY LAB PROGRAM WAS POSTPONED UNTIL FALL 2022, MAKING IT PART OF NEXT FISCAL YEAR. NEW PLAY DEVELOPMENT WORK DURING THE YEAR INCLUDED A FOUR-WEEK WORKSHOP OF THE NEW MUSICAL GODDESS WITH THE CAST AND CREATIVE TEAM IN NEW YORK CITY PRIOR TO BRINGING THE SHOW TO BERKELEY FOR THE FULL REHEARSAL AND PERFORMANCE PROCESS AS PART OF THE SUBSCRIPTION SEASON.BERKELEY REP'S NEWEST INITIATIVE, IN DIALOGUE, CONTINUED TO EVOLVE DURING THE 2021-22 SEASON, REFINING ITS MISSION AND IDENTIFYING COMMUNITY PARTNERS, PILOTING STORYTELLING COLLABORATIONS WITH LOCAL SERVICE ORGANIZATIONS, AS WELL AS EDUCATING AND ACTIVATING OUR AUDIENCES AROUND ORGANIZATIONS WHOSE WORK ALIGNS WITH THE THEMES OF OUR MAINSTAGE PRODUCTIONS. FOR EXAMPLE, WE DEEPENED OUR RELATIONSHIP WITH THE EAST BAY SANCTUARY COVENANT BY HELPING TO LEAD THEIR VOLUNTEERS THROUGH THE CREATION OF WE ARE SANCTUARY, A PRESENTATION OF ORAL HISTORY STORIES FROM REFUGEES, FAITH LEADERS, AND COMMUNITY ORGANIZERS FROM THE EARLY SANCTUARY MOVEMENT. BERKELEY REP ALSO TEAMED UP WITH EAST BAY SANCTUARY COVENANT ALONGSIDE OASIS LEGAL SERVICES AND YOUTH UNMUTED TO ACTIVATE AUDIENCES AROUND BERKELEY REP'S PRODUCTION OF SANCTUARY CITY BY INSTALLING THE EXHIBIT "INTO THE LIGHT: STORIES AND LIVED EXPERIENCES OF IMMIGRATION" IN THE PEET'S THEATRE LOBBY THAT COMMEMORATED THE 40TH ANNIVERSARY OF THE SANCTUARY MOVEMENT IN BERKELEY AND OAKLAND WITH ORAL HISTORIES AND ARTWORK. PARTNERS FROM EAST BAY SANCTUARY COVENANT ALSO MET WITH SANCTUARY CITY CAST AND CREATIVE TEAM MEMBERS TO ANSWER THE ARTISTS' QUESTIONS AND SHARE INSIGHTS FROM EAST BAY SANCTUARY COVENANT'S WORK AS PART OF THE SANCTUARY MOVEMENT. 637619 299686 15255534 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 62 0 1 247 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JARED HAMMOND FINANCE DIRECTOR 5106472955 999 HARRISON STREET BERKELEY CA 94710 SUSAN MEDAK MANAGING DIRECTOR 40.00 X X 309979 0 47155 JOHANNA PFAELZER ARTISTIC DIRECTOR 40.00 X X 306259 0 33658 LYNN EVE KOMAROMI DIRECTOR OF DEVELOPMENT 40.00 X 263982 0 40305 THERESA VON KLUG GENERAL MANAGER (LEFT 3/2022) 40.00 X 180520 0 31329 STEVE TATE DIRECTOR OF MARKETING (LEFT 7/2022) 40.00 X 169194 0 32421 JAMES SMITH TECHNICAL DIRECTOR 40.00 X 140770 0 20444 MADELEINE OLDHAM DRAMATURG 40.00 X 123987 0 23074 EMILY SHANKS PRESIDENT 1.00 X X 0 0 0 JILL FUGARO VICE PRESIDENT (LEFT 8/2022) 1.00 X X 0 0 0 BRUCE GOLDEN VICE PRESIDENT 1.00 X X 0 0 0 STEWART OWEN VICE PRESIDENT (LEFT 8/2022) 1.00 X X 0 0 0 SUDHA PENNATHUR VICE PRESIDENT 1.00 X X 0 0 0 HENNING MATHEW TREASURER 1.00 X X 0 0 0 LEONARD X ROSENBERG SECRETARY (LEFT 8/2022) 1.00 X X 0 0 0 ANNE NEMER DHANDA CHAIR, GOVERNANCE COMMITTEE 1.00 X X 0 0 0 KERRY FRANCIS CHAIR, AUDIT COMMITTEE 1.00 X X 0 0 0 EDWARD D BAKER TRUSTEE 1.00 X 0 0 0 ERICA BROWN TRUSTEE (LEFT 12/2022) 1.00 X 0 0 0 SUSAN CHAMBERLIN TRUSTEE 1.00 X 0 0 0 DAVID COX TRUSTEE 1.00 X 0 0 0 CHRISTOPHER DOANE TRUSTEE 1.00 X 0 0 0 LAUREN EDGERTON TRUSTEE (LEFT 8/2022) 1.00 X 0 0 0 SANDRA EGGERS TRUSTEE 1.00 X 0 0 0 WILLIAM ESPEY TRUSTEE 1.00 X 0 0 0 CHUCK FANNING TRUSTEE 1.00 X 0 0 0 STEVEN GOLDIN TRUSTEE 1.00 X 0 0 0 SCOTT HABER TRUSTEE 1.00 X 0 0 0 SY KAUFMAN TRUSTEE (LEFT 1/2022) 1.00 X 0 0 0 JONATHAN C LOGAN TRUSTEE 1.00 X 0 0 0 SANDRA MCCANDLESS TRUSTEE (LEFT 8/2022) 1.00 X 0 0 0 JUAN OLDHAM TRUSTEE 1.00 X 0 0 0 CHRIS RUPP TRUSTEE (LEFT 8/2022) 1.00 X 0 0 0 SHERRY A SMITH TRUSTEE 1.00 X 0 0 0 ROGER STRAUCH TRUSTEE (LEFT 8/2022) 1.00 X 0 0 0 JEAN STRUNSKY TRUSTEE (LEFT 12/2021) 1.00 X 0 0 0 GAIL WAGNER TRUSTEE 1.00 X 0 0 0 BRIAN WATT TRUSTEE 1.00 X 0 0 0 STEVE C WOLAN TRUSTEE 1.00 X 0 0 0 FELICIA WOYTAK TRUSTEE (LEFT 8/2022) 1.00 X 0 0 0 1494691 0 228386 10 0 1 0 UPTIME USA INC 3470 MTDIABLO BLVD STE A130 LAFAYETTE CA 94549 IT SUPPORT 223253 DE QUESADA ARCHITECTS INC 21 TAMAL VISTA BLVD STE 187 CORTE MADERA CA 94925 ARCHITECTURAL SERVICES 201330 LUCIAN ROSCISZEWSKI 405 DAVIS CT 2201 SAN FRANCISCO CA 94111 ARCHITECTURAL SERVICES 147294 ADAGE TECHNOLOGIES INC 10 S RIVERSIDE PLAZA SUITE 1500 CHICAGO IL 60606 ADVERTISING 142792 ARMANINO LLP P O BOX 888285 LOS ANGELES CA 90088 AUDIT & TAX PREPARATION 123446 6 431814 6297461 9350858 151011 16080133 ADMISSIONS/SPECIAL PERFORMANCES 711110 4794693 4794693 CO-PRODUCTION REVENUE 711110 2512767 2512767 SERVICE CHARGES 711110 292618 292618 TUITION/EDUCATION 711110 264252 264252 CONCESSIONS 711110 95889 95889 7960219 141440 141440 222589 222589 57600 2595 56290 2606 1310 -11 1299 625 674 95926 389112 -293186 -293186 -293186 65170 431814 152631 -87461 -87461 39098 39132 -34 -34 MISCELLANEOUS REVENUE 711110 478 478 478 24025477 7960219 591 -15466 1450 1450 1064796 574585 312122 178089 8148619 6055855 1717317 375447 196024 126368 47129 22527 942164 777268 105852 59044 781535 645732 91887 43916 3682 3682 109100 109100 44225 44225 904835 684122 139017 81696 602243 23424 568876 9943 181364 134333 14983 32048 487328 487328 798192 773422 12988 11782 384083 366225 15347 2511 433372 414344 9514 9514 1001120 957164 21978 21978 510676 449369 53726 7581 PRODUCTION MATERIALS 1270138 1270138 HOUSING 944515 944515 MISCELLANEOUS 583912 352782 221178 9952 CREDIT CARD FEES 291113 217110 54697 19306 19684486 15255534 3543618 885334 25755129 4807361 254974 56675 5936065 9176410 439603 208293 530566 1383835 80430022 19761002 39458812 60669020 5848958 4867558 60026 193163 78284133 81362315 2522906 4747284 3597284 4720865 32395578 31620030 13095005 10036495 150740 156353 51761513 51281027 X 15000453 14644140 11522167 15437148 26522620 30081288 78284133 81362315 X 4340991 -782472 149 X 0 1 X 1 0 X 7387418 7787435 6578220 10720565 16080133 48553771 7387418 7787435 6578220 10720565 16080133 48553771 4339668 44214103 191516 173606 420952 122122 393647 1301843 310023 354432 5939 154 65648 736196 50591810 40503259 0.87390 0.87600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5620530 84198 -836837 528446 4339445 4786529 38568 822788 27355 5620530 4457274 50572 354047 75364 4786529 4977979 109750 8147 638602 4457274 4810546 100 218326 50993 4977979 0.26038 0.73962 0.00000 0 0 2802299 2802299 37865525 16435752 21429773 4093607 2905679 1187928 35668591 419571 35249020 60669020 EXECUTIVE RETIREMENT PLAN 156353 156353 X 23776697 -782472 366390 58896 -357186 24133883 44225 -152631 -108406 24025477 20218029 366390 211378 577768 19640261 44225 44225 19684486 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS IS TO FURTHER THE CHARITABLE AND EDUCATIONAL PURPOSES OF BERKELEY REPERTORY THEATRE BY PROVIDING GENERAL SUPPORT IN MEETING THE OPERATING AND PROGRAM NEEDS OF BERKELEY REPERTORY THEATRE, AS DETERMINED BY BERKELEY REPERTORY THEATRE'S BOARD OF TRUSTEES. A DONOR MAKING A CONTRIBUTION TO THE ENDOWMENT FUND MAY IMPOSE SPECIFIC USE RESTRICTIONS (A "RESTRICTED PURPOSE") ON THE DONOR'S CONTRIBUTION, PROVIDED THAT ANY SUCH RESTRICTION MUST BE CLEARLY STATED IN THE DONOR'S GIFT INSTRUMENT. IF AT ANY TIME IN THE JUDGMENT OF THE BOARD OF TRUSTEES IT IS IMPOSSIBLE OR IMPRACTICABLE TO CARRY OUT EXACTLY THE RESTRICTED PURPOSE IN THE MANNER REQUESTED BY THE DONOR, A PURPOSE AND MANNER AS NEAR AS IS PRACTICABLE TO THE RESTRICTED PURPOSE SHALL BE DETERMINED BY THE BOARD OF TRUSTEES. PART X, LINE 2: THE THEATRE IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. THE THEATRE EVALUATES ITS TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE "MORE-LIKELY-THAN-NOT" THRESHOLD ARE RECORDED AS AN EXPENSE IN THE APPLICABLE YEAR. AS OF AUGUST 31, 2022, THE THEATRE DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. THE THEATRE FILES UNITED STATES OF AMERICA ("U.S.") FEDERAL, AND U.S. STATE TAX RETURNS. FOR U.S. STATE TAX RETURNS, THE THEATRE IS GENERALLY NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS PRIOR TO 2016. FOR U.S. FEDERAL TAX RETURNS, THE THEATRE IS NO LONGER SUBJECT TO TAX EXAMINATION FOR YEARS PRIOR TO 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 58,896. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES -152,631. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 58,747. SPECIAL EVENTS EXPENSES 152,631. GALA 496984 431814 65170 4000 61468 13800 73363 496984 431814 65170 4000 61468 13800 73363 152631 -87461 X X X X X 0 0 0 0 0 0 0 1 0 SUSAN MEDAK MANAGING DIRECTOR 309979 0 0 0 0 0 38475 0 8680 0 357134 0 0 0 JOHANNA PFAELZER ARTISTIC DIRECTOR 306259 0 0 0 0 0 17100 0 16558 0 339917 0 0 0 LYNN EVE KOMAROMI DIRECTOR OF DEVELOPMENT 177237 0 86745 0 0 0 22712 0 17593 0 304287 0 0 0 THERESA VON KLUG GENERAL MANAGER (LEFT 3/2022) 180520 0 0 0 0 0 15336 0 15993 0 211849 0 0 0 STEVE TATE DIRECTOR OF MARKETING (LEFT 7/2022) 169194 0 0 0 0 0 7012 0 25409 0 201615 0 0 0 JAMES SMITH TECHNICAL DIRECTOR 74678 0 66092 0 0 0 12017 0 8427 0 161214 0 0 0 PART I, LINE 7 SEVERAL EMPLOYEES LISTED ON PART VII RECEIVED NONFIXED BONUSES DURING CALENDAR YEAR 2021. THESE WERE DISCRETIONARY BONUSES AS PART OF A ONETIME EFFORT TO ACKNOWLEDGE THOSE EMPLOYEES WHO HAD SIGNIFICANT LENGTH OF SERVICE WITH THE ORGANIZATION. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2019-03-22 32910239 CONSTRUCTION/CAPITAL PROJECTS 0 0 0 A 645137 33711336 326749 481627 24280542 5520896 2022 0 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 SCHEDULE K, PART II, LINE 3: TOTAL PROCEEDS OF ISSUE INCLUDES $801,097 OF CUMULATIVE INTEREST EARNED ON PROCEEDS HELD IN AN INTEREST-BEARING ACCOUNT. X 7 93649 FMV X FOOD & BEVERAGES 3 14093 FMV X SPECIAL EVENT GIFTS & TICKETS 5 13613 FMV X PROPS, EQUIP, OTHER PRODUCTION ITEMS 3 1950 FMV 1 0 1 1 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: AUTO DONATIONS ARE PROCESSED VIA CHARITABLE ADULT RIDES & SERVICES, A NONPROFIT SOCIAL ENTERPRISE OWNED BY A NONPROFIT SUPPORTING ONLY NONPROFITS THROUGH VEHICLE DONATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE MANAGING DIRECTOR, IN CONSULTATION WITH THE BOARD OR FINANCE COMMITTEE, AS THE MANAGING DIRECTOR DEEMS APPROPRIATE, IS RESPONSIBLE FOR THE TIMELY PREPARATION OF THE RETURN. THE MANAGING DIRECTOR SHALL PROVIDE THE FINANCE COMMITTEE WITH A SUBSTANTIALLY COMPLETE FORM 990 SUFFICIENTLY IN ADVANCE OF THE FILING DEADLINE TO ENABLE A DETAILED AND CONSCIENTIOUS REVIEW BY THE MEMBERS OF THE FINANCE COMMITTEE. SUBSEQUENTLY, THE BOARD WILL BE INVITED TO REVIEW THE FORM 990 IN ITS ENTIRETY IN ADVANCE OF THE FILING DEADLINE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL TRUSTEES, THE MANAGING DIRECTOR AND ARTISTIC DIRECTOR. NO TRUSTEE MAY USE HIS OR HER POSITION AT THE ORGANIZATION FOR PERSONAL GAIN OR TO BENEFIT ANOTHER AT THE EXPENSE OF THE ORGANIZATION, ITS MISSION, OR ITS REPUTATION. NEW TRUSTEES MUST SIGN THE CONFLICT OF INTEREST DISCLOSURE STATEMENT AFFIRMING THEY HAVE READ THE CONFLICT OF INTEREST POLICY, ARE NOT AWARE OF ANY DIRECT OR INDIRECT FINANCIAL OR OTHER MATERIAL INTEREST THAT IS REQUIRED TO BE DISCLOSED, AND WILL PROMPTLY REPORT ANY FUTURE SITUATION THAT MIGHT CONSITUTE A CONFLICT OF INTEREST. ANNUAL SIGNATURES ARE NOT REQUIRED. IF A CONFLICT OF INTEREST FAILS TO BE DISCLOSED THE BOARD WILL INVESTIGATE THE SITUATION AND TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE ARTISTIC DIRECTOR AND THE MANAGING DIRECTOR IS NEGOTIATED BY THE BOARD PRESIDENT AND A COMMITTEE OF THE BOARD OF TRUSTEES AND APPROVED BY THE BOARD THROUGH ITS APPROVAL OF WRITTEN EMPLOYMENT AGREEMENTS AND THE ANNUAL BUDGET PROCESS. THE BOARD (OR A BOARD COMMITTEE) REVIEWS DATA GATHERED FROM THEATRE COMMUNICATIONS GROUP AND OTHER PUBLIC DATA, TAKING INTO ACCOUNT INDIVIDUAL PERFORMANCE AND THE COST OF LIVING IN THE BERKELEY, CALIFORNIA AREA. THE BOARD REGULARLY EVALUATES THE PERFORMANCE OF THE ARTISTIC DIRECTOR AND MANAGING DIRECTOR. OTHER SALARIES ARE SUGGESTED BY MANAGEMENT AND APPROVED THROUGH THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 BERKELEY REPERTORY THEATRE'S FINANCIAL STATEMENTS ARE ANNUALLY PROVIDED TO DUN AND BRADSTREET. FINANCIAL STATEMENTS FOR MOST RECENTLY COMPLETED FISCAL YEAR ARE AVAILABLE ON OUR WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: RENTAL EXPENSES 149.