2023-10-03T16:31:14-05:00 2022-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2021-07-01 133641560 SIGNATURE THEATRE COMPANY INC SIGN 2129671913 480 WEST 42ND STREET NEW YORK NY 10036 TIMOTHY J MCCLIMON EXECUTIVE DIRECTOR 2129671913 2023-05-11 1 TIMOTHY MCCLIMON 999009999 FREDERICK MARTENS P00298107 2126972299 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X TIMOTHY J MCCLIMON 480 WEST 42ND STREET NEW YORK NY 10036 10643842 0 X WWW.SIGNATURETHEATRE.ORG X 1991 NY FOUNDED IN 1991 BY THE LATE JAMES HOUGHTON, THE TONY AWARD-WINNING SIGNATURE THEATRE IS LED BY ARTISTIC DIRECTOR PAIGE EVANS AND EXECUTIVE DIRECTOR HAROLD WOLPERT. SIGNATURE FOSTERS A CULTURAL COMMUNITY AT OUR HOME, THE PERSHING SQUARE SIGNATURE CENTER, WELCOMING HUNDREDS OF THOUSANDS OF VISITORS THROUGH OUR DOORS EACH YEAR. OUR 70,000 SQ. FT. FRANK GEHRY-DESIGNED SPACE BOASTS THREE THEATRES AND TWO REHEARSAL ROOMS, INCLUDING THE FORD STUDIO, A FLEXIBLE SPACE THAT CAN BE CONVERTED INTO A 99-SEAT THEATRE AS WELL AS 8,800 SQ. FT OF PUBLIC LOBBY SPACE. 22 18 395 19 23818 0 6504296 8499939 20902 1062213 2782 2045 202278 959861 6730258 10524058 0 0 0 0 4172812 5917857 37150 76806 1881440 3858953 6711334 8068915 12705997 -1338657 -2181939 63885499 59551404 22325520 20173364 41559979 39378040 X SIGNATURE THEATRE CELEBRATES PLAYWRIGHTS AND GIVES THEM AN ARTISTIC HOME. SIGNATURE MAKES AN EXTENDED COMMITMENT TO A PLAYWRIGHT'S BODY OF WORK, PRODUCING SEVERAL PLAYS BY EACH RESIDENT WRITER AND DELIVERING AN INTIMATE AND IMMERSIVE JOURNEY INTO THE PLAYWRIGHT'S SINGULAR VISION. 0 0 8141186 1087165 PRODUCTIONS:SIGNATURE THEATRE'S 2021-22 SEASON MARKED AN EXCITING TRANSITION AS WE RETURNED TO IN-PERSON PROGRAMMING AT THE CENTER AND BROUGHT BACK MAINSTAGE PRODUCTIONS FEATURING A DIVERSE AND DYNAMIC GROUP OF CELEBRATED WRITERS. THE SEASON WELCOMED AUDIENCES BACK TO THE CENTER WITH THE WATERING HOLE, AN IMMERSIVE ARTS INSTALLATION BY TWO-TIME PULITZER PRIZE-WINNING PLAYWRIGHT, LYNN NOTTAGE, AS THE FINAL INSTALLMENT OF HER SPOTLIGHT RESIDENCY. MACARTHUR AND PULITZER PRIZE-WINNING PLAYWRIGHT ANNA DEAVERE SMITH REWORKED HER SEMINAL PIECE TWILIGHT: LOS ANGELES, 1992 FOR AN ENSEMBLE CAST AS THE SECOND WORK IN HER THREE-PLAY SPOTLIGHT RESIDENCY. MACARTHUR AWARD-WINNER DOMINIQUE MORISSEAU CONTINUED HER PREMIERE RESIDENCY WITH HER NEW PLAY CONFEDERATES. FINALLY, MACARTHUR AWARD-WINNER SAMUEL D. HUNTER KICKED OFF HIS PREMIERE RESIDENCY WITH THE WORLD PREMIERE OF HIS COMMISSIONED PLAY A CASE FOR THE EXISTENCE OF GOD. SIGNATURE CONTINUED TO LEAD THE FIELD IN ARTS ACCESSIBILITY BY MAKING OUR PROGRAMMING AFFORDABLE TO ALL THROUGH SIGNATURE ACCESS. A SIGNIFICANT BARRIER TO CULTURAL PARTICIPATION IS COST, AND SIGNATURE ACCESS (FORMERLY THE TICKET INITIATIVE) SEEKS TO ELIMINATE THIS OBSTACLE. DURING SIGNATURE'S 2021-22 SEASON, TICKETS TO THE FIRST FIVE WEEKS OF EACH SEASON PRODUCTION WERE SUBSIDIZED TO $35 THROUGH SIGNATURE ACCESS. WE PROVIDED 25,656 SUBSIDIZED TICKETS. 104675 SIG SPACE:IN 2020, SIGNATURE LAUNCHED A NEW INITIATIVE, SIGSPACE, TO BRING ARTISTIC PROGRAMMING TO THE CENTER'S PUBLIC SPACES AND SUSTAIN SIGNATURE'S LOBBY AS A FREE PUBLIC WORKSPACE AND SOCIAL HUB FOR NEW YORK ARTISTS. SIGSPACE PROGRAMMING INCLUDES CONCERTS, READINGS OF NEW WORK, COMEDY, STORYTELLING, PANELS AND SOCIAL JUSTICE CONVERSATIONS, ALL IN PARTNERSHIP WITH OUR RESIDENT WRITERS AND COMMUNITY ORGANIZATIONS. IN SPRING 2022, SIGNATURE HOSTED FOUR LIVE SIGSPACE EVENTS AND ONE VIRTUAL EVENT WITH RESIDENT PLAYWRIGHTS QUIARA ALEGRIA HUDES, SAMUEL D. HUNTER, AND DAVID HENRY HWANG. 15600 EDUCATION:IN THE 2021-22 SEASON SIGNATURE PRODUCED ONE STUDENT MATINEE AND TWO STUDENT NIGHTS, BUILT AND LAUNCHED OUR FELLOWSHIP PROGRAM WITH ONE ARTISTIC FELLOW FROM JANUARY-AUGUST, BEGAN A PARTNERSHIP WITH LAGUARDIA COMMUNITY COLLEGE, AND CONDUCTED RESEARCH AND DEVELOPMENT FOR EXPANDED EDUCATION PROGRAMS, WHICH LAUNCHED IN THE 2022-23 SEASON. 8261461 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 66 0 395 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 22 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X STEVE BECKER DIRECTOR OF FINANCE 2129671913 480 WEST 42ND STREET NEW YORK NY 10036 EDWARD NORTON CHAIRMAN 2.00 X X 0 0 0 DOUGLAS E CHITTENDEN PRESIDENT 2.00 X X 0 0 0 SUSAN WEINER TREASURER 2.00 X X 0 0 0 RICHARD WILLETT SECRETARY 1.00 X X 0 0 0 TIMOTHY J MCCLIMON EXECUTIVE DIRECTOR (AS OF JUL 2022) 0.00 X X 0 0 0 BARBARA PAIGE EVANS ARTISTIC DIRECTOR 40.00 X X 278091 0 22459 MARGOT ADAMS TRUSTEE 1.00 X 0 0 0 BRENDA AIKEN TRUSTEE 1.00 X 0 0 0 BERNARD L DIKMAN TRUSTEE 1.00 X 0 0 0 DAVID KLAFTER TRUSTEE 1.00 X 0 0 0 LORI KRAMER TRUSTEE 1.00 X 0 0 0 ALLEN LAMB TRUSTEE 1.00 X 0 0 0 TIMOTHY G LITTLE TRUSTEE 1.00 X 0 0 0 NINA B MATIS TRUSTEE 1.00 X 0 0 0 CHRISTINE M MILLEN TRUSTEE 1.00 X 0 0 0 DOMINIQUE MORISSEAU TRUSTEE 1.00 X 0 0 0 LILA NEUGEBAUER TRUSTEE 1.00 X 0 0 0 NANCY NORTHUP TRUSTEE 1.00 X 0 0 0 LAURA PELS TRUSTEE 1.00 X 0 0 0 MICHAEL H RAUCH ESQ TRUSTEE 1.00 X 0 0 0 DONNA WALKER-KUHNE TRUSTEE 1.00 X 0 0 0 GLENN STISKAL DIRECTOR OF DEVELOPMENT 40.00 X 163786 0 11646 HAROLD WOLPERT EXECUTIVE DIRECTOR (TO JUN 2021) 40.00 X 479724 0 22167 921601 0 56272 3 1 1 0 READY SET ROCKET 270 LAFAYETTE ST NEW YORK NY 10012 WEBSITE AND BRANDING 392730 IMPRESSIVE CLEANING 89-50 56TH AVE ELMHURST NY 11373 CUSTODIAL SERVICES 253206 CAPACITY INTERACTIVE CONSULTING PO BOX 83447 WOBURN MA 01813 ADVERTISING/MARKETING 163469 GLOBAL SCENIC SERVICES 46 BROOKFIELD AVE BRIDGEPORT CT 06610 SET CONSTRUCTION SERVICES 162246 THE CELESTE GROUP 222 RIVERSIDE DRIVE APT14A NEW YORK NY 10025 TIM MCCLIMON 150000 8 106137 501121 5082898 2809783 116881 8499939 BOX OFFICE REVENUE 711110 1062213 1062213 1062213 2045 2045 725734 0 725734 725734 725734 96563 501121 96563 0 48173 23221 24952 1134 23818 OTHER INCOME 900099 209175 209175 209175 10524058 1063347 23818 936954 727873 297430 187468 242975 4092800 2090446 1130560 871794 114392 65010 24459 24923 464974 253534 102589 108851 517818 282833 113609 121376 13913 13913 49974 49974 76806 76806 1078223 766291 156639 155293 160527 160527 1240459 847676 310279 82504 15793 15793 724056 543042 135760 45254 11778 5847 5369 562 2709 1398 1011 300 651299 592682 39078 19539 1535839 1397613 92151 46075 139154 104366 26091 8697 COSTUMES,SETS,PROPS 491391 491391 OTHER PRODUCTION EXPENS 219828 219828 MISCELLANEOUS 89880 47083 42797 CREDIT CARD/BANK FEES 69100 69100 217411 78671 62249 76491 12705997 8261461 2563096 1881440 460449 2791092 6375972 2812453 11478296 9935950 530300 650395 22295 22889 462989 133481 63048162 19910076 44513769 43138086 41429 67058 63885499 59551404 1132072 1030109 651489 396290 17956759 18596965 2585200 150000 22325520 20173364 X 29716607 27787966 11843372 11590074 41559979 39378040 63885499 59551404 -2181939 0 X 0 1 X 1 1 1 X 5594970 5582222 8467076 6504296 8499939 34648503 5594970 5582222 8467076 6504296 8499939 34648503 2643704 32004799 1993716 1651283 1295786 3532 727779 5672096 5889 8364 8430 201528 209175 433386 40753985 10965182 0.78530 0.73800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 367988 153000 520988 247503 120250 235 367988 196995 50000 508 247503 121463 75000 532 196995 121370 93 121463 0.05000 0.95000 0.00000 0 0 6666667 1750000 4916667 51836941 13778697 38058244 3951429 3889837 61592 593125 491542 101583 43138086 10594663 70605 70605 10524058 0 10524058 12776602 70605 70605 12705997 0 12705997 PART V, LINE 4: DURING THE YEAR ENDED JUNE 30, 2018, SIGNATURE RECEIVED A DONOR-RESTRICTED CONTRIBUTION, AND ALLOCATED UNRESTRICTED FUNDS FROM A SPECIFIC FUNDRAISING EVENT, TO ESTABLISH AN ENDOWMENT TO SUPPORT PRODUCTIONS IN THE DIAMOND THEATRE, BEGINNING IN FISCAL YEAR 2020. X X X X X X X 1 SANDRA DAVIS LLC (DBA DONORLY) 1460 BROADWAY NEW YORK NY 10036 DONOR RESEARCH 0 250194 76806 173388 250194 76806 173388 NY GALA BENEFIT 597684 501121 96563 88268 8295 597684 501121 96563 88268 8295 96563 0 X X X X X X 1 0 0 0 0 0 0 0 0 BARBARA PAIGE EVANS ARTISTIC DIRECTOR 278091 0 0 0 0 0 11205 0 11254 0 300550 0 0 0 GLENN STISKAL DIRECTOR OF DEVELOPMENT 163786 0 0 0 0 0 0 0 11646 0 175432 0 0 0 HAROLD WOLPERT EXECUTIVE DIRECTOR (TO JUN 2021) 129724 0 0 0 350000 0 11100 0 11067 0 501891 0 0 0 PART I, LINE 4A HAROLD WOLPERT - $350,000 SEVERANCE PAYMENT X 6 116881 FAIR MARKET VALUE 0 0 0 0 FORM 990, PART I, LINE 6 THIS INCLUDES 28 NON-STAFF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE, WHICH CAN ACT ON BEHALF OF THE BOARD OF TRUSTEES WHEN NOT IN SESSION, CONSISTS OF THE OFFICERS OF THE CORPORATION AND THE HEADS OF COMMITTEES AS OUTLINED IN THE COMPANY'S BY-LAWS, AS WELL AS PAST PRESIDENTS AND TWO AT-LARGE MEMBERS, ALL OF WHOM ARE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B SIGNATURE MANAGEMENT AND THE AUDIT COMMITTEE REVIEW THE ANNUAL FORM 990. FORM 990, PART VI, SECTION B, LINE 12C IN ANY MATTER REQUIRING A DECISION BY THE BOARD OF DIRECTORS OR A COMMITTEE OF THE BOARD OF DIRECTORS IN WHICH A PARTICIPATING MEMBER OF THE BOARD OF DIRECTORS OR AN OFFICER HAS A CONFLICT OF INTEREST, THE MATERIAL FACTS OF THE TRANSACTION AND THE INDIVIDUAL'S INTEREST SHALL BE DISCLOSED AND THE TRANSACTION APPROVED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE MEMBERS ON THE BOARD OR ON THE COMMITTEE CONSISTING ENTIRELY OF MEMBERS WHO HAVE NO DIRECT OR INDIRECT INTEREST IN THE TRANSACTION. BOARD OF DIRECTOR MEMBERS WHO HAVE DECLARED OR HAVE BEEN FOUND TO HAVE A CONFLICT OF INTEREST IN ANY MATTER PENDING BEFORE THE BOARD SHALL REFRAIN FROM PARTICIPATING IN CONSIDERATION OF THE MATTER. THE BOARD OF DIRECTORS MAY REQUEST INFORMATION OR INTERPRETATION FROM THE PERSON OR PERSONS INVOLVED IN THE CONFLICT. THE BOARD MEMBER INVOLVED IN THE CONFLICT SHALL NOT VOTE ON SUCH MATTERS. ANY BOARD MEMBER WHO IS UNCERTAIN ABOUT A POSSIBLE CONFLICT OF INTEREST IN ANY MATTER SHOULD REQUEST THE BOARD TO MAKE A DETERMINATION: THE BOARD SHALL RESOLVE THE QUESTION BY MAJORITY VOTE. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, WE USE COMPARABLE DATA FOR SIMILAR POSITIONS AT OUR SISTER THEATRES FOUND IN THE TCG FISCAL SALARY SURVEYS TO DETERMINE A NATIONAL AVERAGE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PAGE 1, SECTION B AMENDED RETURN THE FOLLOWING INFORMATION IN THIS 2021 FORM 990 FOR THE YEAR ENDED JUNE 30, 2022, HAS BEEN REVISED BASED ON THE COMPLETION OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMEMENTS: PART I, LINES 8, 11, 12, 15, 16B, 17, 18, 19, 20, 21, AND 22. PART III, LINES 4A AND 4E. PART IV, LINE 12B. PART VIII, LINES 1F, 1H, 11A, 11E, AND 12. PART IX, LINES 8, 13, 16, AND 25. PART X, LINES 3, 4, 16, 17, 19, 23, 26, 27, 28, 32, AND 33. PART XI, LINES 1, 2, 3, AND 10 PART XII, LINES 2B, 2C, AND 3B SCHEDULE A, PART II, LINES 1, 4, 5, 6, 7, 10, AND 11. SCHEDULE D, PART XI, LINES 1, 2B, 2E, 3, AND 5. SCHEDULE D, PART XII, LINES 1, 2A, 2E, 3, AND 5. SIGNATURE CENTER LLC 480 W 42ND STREET NEW YORK NY 10036 453001060 SEE PART VII NY 0 0 SIGNATURE THEATRE COMPANY INC SIGNATURE CENTER NMTC INVESTMENT FUND LLC 480 W 42ND STREET NEW YORK NY 10036 134019460 SEE PART VII NY 0 0 SIGNATURE THEATRE COMPANY INC FORM 990, SCHEDULE R, PART III, PRIMARY ACTIVITY: ON AUGUST 30, 2011, UNDER THE NEW MARKETS TAX CREDIT PROGRAM, A FEDERALLY FUNDED PROGRAM TO ENCOURAGE COMMUNITY DEVELOPMENT, SIGNATURE OBTAINED FUNDING TO FINANCE A PORTION OF THE SIGNATURE CENTER WEST 42ND STREET PROJECT. SIGNATURE FORMED A LIMITED LIABILITY COMPANY, SIGNATURE CENTER, LLC ("CENTER"), WHICH IS SERVING AS THE TENANT OF THE PROPERTY, AND CONTRIBUTED ITS CAPITAL EXPENDITURES FOR THE PROJECT TO THE CENTER. SIGNATURE OWNED THE CENTER WITH ANOTHER NOT-FOR-PROFIT MINORITY OWNER/MEMBER, AND OPERATED THE FACILITY UNDER A SUBLEASE AGREEMENT. IN SEPTEMBER 2018, SIGNATURE PURCHASED THE FULL OWNERSHIP INTEREST IN A LIMITED LIABILITY COMPANY, SIGNATURE CENTER NMTC INVESTMENT FUND LLC (THE "FUND"), WHICH MADE CERTAIN INVESTMENTS AND LOANS TO THE OTHER INDEPENDENT THIRD PARTIES FOR AN AMOUNT EQUAL TO $1,000, PURSUANT TO AN OPTION AGREEMENT THAT WAS PART OF THE NEW MARKETS TAX CREDIT TRANSACTION. CONCURRENTLY WITH SIGNATURE'S PURCHASE OF THE FUND, THE EXISTING NOTES RECEIVABLE AND NOTES PAYABLE WERE ASSIGNED BY THE VARIOUS INDEPENDENT THIRD PARTIES TO THE FUND, TO SIGNATURE, AND TO THE CENTER. AFTER THESE LOAN ASSIGNMENTS, ALL LOANS WERE BETWEEN AND AMONG SIGNATURE, THE CENTER, AND THE FUND, AND NO NOTES REMAIN DUE FROM OR PAYABLE TO THE OTHER INDEPENDENT THIRD PARTIES. FOR THE YEAR ENDED JUNE 30, 2022, SIGNATURE CENTER, LLC AND SIGNATURE CENTER NMTC INVESTMENT FUND LLC HAD NO ACTIVITY.