2022-04-14T14:27:32-05:00 2021-06-30 WITHUMSMITHBROWNPC 100 SPECTRUM CENTER DRIVE STE 1000 IRVINE CA 92618 990 2020-07-01 237287150 Segerstrom Center for the Arts % BRIAN FINCK SEGE 7145562122 600 Town Center Drive Costa Mesa CA 92626 BRIAN L FINCK EVP CFO 7145562121 2022-03-31 true BRIAN L FINCK 999009999 TASHA J OTSUJI P00846495 9492612808 3 2020 2022-09-23 18:48:47Z BRIAN L FINCK 600 Town Center Drive Costa Mesa CA 92626 112578719 false X HTTP://WWW.SCFTA.ORG X 1973 CA DEVELOPING AND OPERATING A MAJOR PERFORMING ARTS CENTER PRESENTING THE FINEST IN PERFORMING ARTS. 47 38 567 1443 0 0 10229437 52659237 25850887 1329443 7173546 7194101 10674 0 43264544 61182781 0 0 0 0 12772387 7803335 0 0 1685053 42897915 21116294 55670302 28919629 -12405758 32263152 446490306 524446610 191632208 188798283 254858098 335648327 X SEGERSTROM CENTER FOR THE ARTS BELIEVES IN THE POWER OF THE PERFORMING ARTS TO TRANSFORM LIVES AND THAT THE SHARED EXPERIENCE AND EXPLORATION OF THE ARTS WILL HELP UNITE ORANGE COUNTY RESIDENTS, CREATING A MORE CULTURALLY CONNECTED AND VITAL COMMUNITY. false false 8028126 154893 CENTER PRESENTATIONS SEGERSTROM CENTER FOR THE ARTS IS ONE OF THE NATION'S PREMIER ARTS ORGANIZATIONS. IT IS A UNIQUE ACHIEVEMENT OF COMMUNITY VISION, INITIATIVE, ARTISTIC ACCOMPLISHMENT AND GENEROSITY KNOWN FOR ITS STUNNING ARCHITECTURE AND TECHNICAL FACILITIES, IMPECCABLE ACOUSTICS AND THE EXCEPTIONAL QUALITY OF THE COMPANIES AND ARTISTS WHO PERFORM HERE. THE CENTER, ORANGE COUNTY'S LARGEST NON-PROFIT ARTS ORGANIZATION,OFFERS THE WORLD'S LEADING DANCE COMPANIES, BROADWAY SHOWS, AWARD-WINNING CLASSICAL, JAZZ AND CABARET ARTISTS, FAMILY ENTERTAINMENT, SPECIAL EVENTS AND YEAR-ROUND EDUCATIONAL PROGRAMS. 10950269 457068 HALL RENTAL OPERATIONS SEGERSTROM CENTER FOR THE ARTS IS ALSO THE HOME OF THREE RESIDENT COMPANIES: PACIFIC SYMPHONY, THE PHILHARMONIC SOCIETY OF ORANGE COUNTY, AND PACIFIC CHORALE. TOGETHER THE RESIDENT COMPANIES HAVE OVER 100 PERFORMANCES A YEAR AT THE CENTER. IN ADDITION TO THE RESIDENT COMPANIES, THE CENTER ALSO RENTS TO OTHER USERS. 1877780 717482 COMMUNITY ENGAGEMENT AND EDUCATION PROGRAMS THE CENTER HAS ONE OF THE NATION'S MOST RESPECTED EDUCATION DEPARTMENTS AND A NEW COMMUNITY ENGAGEMENT DEPARTMENT TO SERVE ORANGE COUNTY'S DIVERSE COMMUNITIES. THEIR PROGRAMS REACH MORE THAN 360,000 STUDENTS IN ELEMENTARY THROUGH UNIVERSITY LEVELS, EDUCATORS AND FAMILIES WITH PROGRAMS AND EVENTS AT THE CENTER AND IN SCHOOLS AND COMMUNITY EVENTS THROUGHOUT SOUTHERN CALIFORNIA. MANY PERFORMANCES IN FAMILY ORIENTED PRODUCTIONS ARE SENSORY FRIENDLY AND ASL INTERPRETED. THE CENTER IS ALSO HOME TO THE AMERICAN BALLET THEATRE WILLIAM J. GILLESPIE SCHOOL FOR YOUNG DANCERS 3-18 AND STUDIO D: ARTS SCHOOL FOR ALL ABILITIES. 20856175 true true false false false false false false true true false false true true true true false false false true false false false true false false false false true true false false false false false false false false false false true false false false false false false false false true 132 0 true 567 true true true false false false false true true false false false false false false X 47 38 true false false false true true false true true false false true true true true true true true true false CA X X BRIAN FINCK 7145562121 600 TOWN CENTER DRIVE COSTA MESA CA 92626 X Casey Reitz President 40.0 0.0 X X 549402 0 17258 Judith O'Dea Morr EVP Production 40.0 0.0 X 281062 0 16280 Terrence Dwyer Former President 0.0 0.0 X 268468 0 0 Brian Finck EVP CFO 40.0 0.0 X 220873 0 41841 Talena Mara VP Education 40.0 0.0 X 154110 0 20717 John Oliphant Head Carpenter 40.0 0.0 X 147307 0 19318 Tom Lane Sr Head Carpenter 40.0 0.0 X 144627 0 19625 Terry J Jones Interim VP of Development 40.0 0.0 X 155336 0 24 Dean Yarborough Director of Info Technology 40.0 0.0 X 143477 0 6258 Mr Mark Perry Chairman of the Board/Director 1.0 0.0 X X 0 0 0 Mrs Sally Crockett Secretary/Director 1.0 0.0 X X 0 0 0 Mr Roger T Kirwan Treasurer/Director 1.0 0.0 X X 0 0 0 Mr Wylie A Aitken Director 1.0 0.0 X 0 0 0 Mr Anthony A Allen Director 1.0 0.0 X 0 0 0 Mrs Julia Argyros Director 1.0 0.0 X 0 0 0 Mr Jesse Bagley Director 1.0 0.0 X 0 0 0 Mrs Marta Bhathal Director 1.0 0.0 X 0 0 0 Mrs Deborah Bridges Director 1.0 0.0 X 0 0 0 Mr Mark Chan Director 1.0 0.0 X 0 0 0 Mrs Sandy Segerstrom Daniels Director 1.0 0.0 X 0 0 0 Mr James Driscoll Director 1.0 0.0 X 0 0 0 Mr Michael Feldman Director 1.0 0.0 X 0 0 0 Mr Moti Ferder Director 1.0 0.0 X 0 0 0 Mr Stephen T Fry Director (Thru 11/2020) 1.0 0.0 X 0 0 0 Mr John C Garrett Director 1.0 0.0 X 0 0 0 Mr John L Ginger Director 1.0 0.0 X 0 0 0 Mrs Jackie Glass Director 1.0 0.0 X 0 0 0 Mrs Wendy Hales Director 1.0 0.0 X 0 0 0 Mr Joseph Hensley Director 1.0 0.0 X 0 0 0 Mr Lawrence M Higby Director 1.0 0.0 X 0 0 0 Mr Jason Howard Director 1.0 0.0 X 0 0 0 Mrs Betty Huang Director 1.0 0.0 X 0 0 0 Mrs Molly Jolly Director (EFF 01/2021) 1.0 0.0 X 0 0 0 Mr Mike Joseph Director 1.0 0.0 X 0 0 0 Mrs Carole Haes Landon Director 1.0 0.0 X 0 0 0 Mrs Shanaz Langson Director 1.0 0.0 X 0 0 0 Mr William Meehan Director 1.0 0.0 X 0 0 0 Mrs Britt Meyer Director 1.0 0.0 X 0 0 0 Mr Ethan F Morgan Director 1.0 0.0 X 0 0 0 Mr Rick Muth Director 1.0 0.0 X 0 0 0 Mr Walter Parsadayan Director 1.0 0.0 X 0 0 0 Mr John Phelan Director 1.0 0.0 X 0 0 0 Mrs Patricia Poss Director 1.0 0.0 X 0 0 0 Mr Chris Rommel Director 1.0 0.0 X 0 0 0 Mrs Elizabeth Segerstrom Director 1.0 0.0 X 0 0 0 Mr Alan Simon Director (THRU 7/2020) 1.0 0.0 X 0 0 0 Mr Stewart Smith Director (EFF 08/2020) 1.0 0.0 X 0 0 0 Mr Steve Sorenson Director 1.0 0.0 X 0 0 0 Mrs Connie Spenuzza Director 1.0 0.0 X 0 0 0 Mr Timothy L Strader Director 1.0 0.0 X 0 0 0 Mr John Stratman Director (EFF 03/2021) 1.0 0.0 X 0 0 0 Mr Samuel Tang Director (EFF 11/2020) 1.0 0.0 X 0 0 0 Mr David H Troob Director 1.0 0.0 X 0 0 0 Mr Gaddi Vasquez Director 1.0 0.0 X 0 0 0 Mrs Jaynine Warner Director 1.0 0.0 X 0 0 0 Mrs Carol L Wilken Director 1.0 0.0 X 0 0 0 Mrs Jane Fujishige Yada Director 1.0 0.0 X 0 0 0 2064662 0 141321 20 true true false ABM INDUSTRY GROUPS LLC FILE 52609 LOS ANGELES CA 90074 JANITORIAL SVCS 536421 BMGNET TOURING LLC 7135 MINSTREL WAY STE 105 COLUMBIA MD 21045 BROADWAY PRODUCTION 462590 BALLET THEATRE FOUNDATION INC 890 BROADWAY NEW YORK NY 10003 ABT PRODUCTIONS 315501 ESCAPE ON TOUR LLC 9200 CORPORATE BLVD STE 220 ROCKVILLE MD 20850 BROADWAY PRODUCTION 312917 PATINA CATERING LLC 1150 S OLIVE STREET 25 LOS ANGELES CA 90015 CATERING SERVICES 311947 10 83540 1858836 50716861 24059797 52659237 CENTER PRESENTATIONS 711110 154893 154893 HALL RENTAL OPERATIONS 531120 457068 457068 EDUCATION PROGRAMS 616000 717482 717482 1329443 3477572 3477572 0 0 0 0 0 55021972 51305443 3716529 3716529 3716529 90495 83540 90495 0 0 0 0 0 0 0 61182781 1329443 7194101 0 0 0 0 1073883 140407 649268 284208 0 5032281 1938782 2512932 580567 132219 65166 51846 15207 723661 330834 273511 119316 841291 399447 335018 106826 0 98205 98205 58450 58450 0 0 614754 614754 62498 13529 47093 1876 288634 44527 242107 2000 141264 24064 111019 6181 424080 424080 0 2110131 1899802 192037 18292 5795 5087 708 0 14721 894 13043 784 3804170 3804170 0 9784404 9545544 146241 92619 554195 554195 PROGRAMMING 2628208 2628208 SPECIAL EVENTS 174783 174783 TELEFUNDING & DIRECT MAIL 171437 171437 DONOR CULTIVATION & EVENTS 58607 58607 121958 20801 49515 51642 28919629 20856175 6378401 1685053 X 110244 84979 9272708 8553833 5904856 4141242 34037 71659 0 0 0 0 0 0 0 0 1033562 499086 367677745 177704550 198276771 189973195 204117181 242999375 0 15730923 0 0 0 0 27740947 62392318 446490306 524446610 2629250 1532989 0 0 11377141 13629772 174059176 170076888 0 0 0 0 0 0 3546030 3546030 20611 12604 191632208 188798283 X 158478263 194347473 96379835 141300854 254858098 335648327 446490306 524446610 X 32263152 52003466 -3476389 X X false true X true false X 13869344 20602797 13942020 10229437 52659237 111302835 0 0 13869344 20602797 13942020 10229437 52659237 111302835 45280234 66022601 3835744 4194847 5104571 5149337 3477573 21762072 32648 23770 53334 10674 0 120426 0 133185333 177458004 0.49572 0.65020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 62937982 5040279 22552123 3200000 614754 86715630 64711890 1040 1553724 3100000 228672 62937982 64244791 229277 2992539 2550000 204717 64711890 62591025 377278 4454882 3000000 178394 64244791 57529501 7790677 2900000 148685 62271493 0.47250 0.52750 false false 10605606 10605606 306037086 135639197 170397889 49935053 42065353 7869700 1100000 1100000 189973195 OTHER ASSETS 60533482 EE RETENTION CREDIT RECEIVABLE 1858836 62392318 0 ANNUITY PAYMENT LIABILITY 12604 12604 X 109146167 52003466 51063 -3476389 48578140 60568027 614754 614754 61182781 28355938 51063 51063 28304875 614754 614754 28919629 SCHEDULE D, PART V, LINE 4: THE CENTER'S ENDOWMENT CONSISTS OF 10 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. SCHEDULE D, PART X, LINE 2 - FIN 48 STATEMENT: The Center is exempt from federal and state income taxes under IRC Section 501(c)(3) and Section 23701 of the California Revenue and Taxation Code and, therefore, has made no provision for income taxes in the accompanying financial statements. In addition, the Center has not been determined by the Internal Revenue Service ("IRS") to be a "private foundation" within the meaning of the IRC Section 509(a). The Center is subject to income taxes on any net income that is derived from a trade or business, regularly carried on, and not in furtherance of the purposes for which it was granted exemption. As a matter of course, various taxing authorities, including the IRS, have the authority to regularly audit the Center. There were no tax years open to examination by major tax jurisdictions as of June 30, 2021. The Center does not believe its financial statements include (or reflect) any uncertain tax positions. Further, there are no income tax related penalties and interest included in these financial statements. SCHEDULE D, PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF IRREVOCABLE DEFERRED GIFTS $ (3,476,389) Central America and the Caribbean Investments 7918320 North America Investments 823276 Europe (Including Iceland and Greenland) Investments 4335611 13077207 13077207 true false false true true false TEA PARTY 87925 55801 32124 11664 2400 18060 SPEAKEASY 88610 30239 58371 13568 4025 40778 0 176535 86040 90495 25232 6425 58838 90495 C/O SCFTA 600 Town Cntr Dr COSTA MESA CA 92626 X X X X X X true false false false false false false false false Casey Reitz President 449168 0 100234 16154 0 1104 0 566660 0 0 0 Judith O'Dea Morr EVP Production 280798 0 264 14855 0 1425 0 297342 0 0 0 Terrence Dwyer Former President 0 268468 0 0 0 0 268468 0 0 0 Brian Finck EVP CFO 220609 0 264 11874 0 29967 0 262714 0 0 0 Talena Mara VP Education 153936 0 174 8676 0 12041 0 174827 0 0 0 John Oliphant Head Carpenter 147307 0 0 19318 0 166625 0 0 0 Tom Lane Sr Head Carpenter 144627 0 0 19625 0 164252 0 0 0 Terry J Jones Interim VP of Development 155336 0 0 24 0 155360 0 0 0 PART I, LINE 4A TERRENCE DWYER, FORMER PRESIDENT, RECEIVED A SEVERANCE PAYMENT OF $268,468 which is included in his 2020 reportable compensation for Schedule J, Part II. A CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT 630304653 13034ALDO 2016-06-28 53072460 REFINANCE PREVIOUS ISSUE. USED TO false false false B CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT 630304653 13034ALDO 2016-08-09 58752480 REFINANCE PREVIOUS ISSUE. USED TO false false false C CIEDB SEGERSTROM 2017 RRB 5 010125 630304653 13034ALDO 2017-12-12 37721280 REFINANCE PREVIOUS ISSUE. USED TO false false false D CIEDB SEGERSTROM 2017 RRB 5 010128 630304653 13034ALDO 2017-12-12 38855040 CIEBD SEGERSTROM 2017 RRB 5% 01/01 false false false A 0 0 53072460 0 0 0 0 0 0 0 53072460 0 2006 true false true true B 0 0 58752480 0 0 0 0 0 0 0 58752480 0 2006 true false true true C 0 0 37721280 0 0 0 0 0 0 0 37721280 0 2006 true false true true D 0 0 38855040 0 0 0 0 0 0 0 38855040 0 2006 true false true true A false false false false 0 0.03000 0.03000 false false false true B false false false false 0 0.03000 0.03000 false false false true C false false false false 0 0.03000 0.03000 false false false true D false false false false 0 0.03000 0.03000 false false false true A false true true true false false 0 false 0 false true B false true true true false false 0 false 0 false true C false true true true false false 0 false 0 false true D false true true true false false 0 false 0 false true A true B true C true D true SCHEDULE K, PART I, BOND ISSUES: (A) ISSUER NAME: CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK SERIES 2016 (F) DESCRIPTION OF PURPOSE: REFINANCE PREVIOUS ISSUE. USED TO BUILD NEW CONCERT HALL. (A) ISSUER NAME: CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK SERIES 2016B (F) DESCRIPTION OF PURPOSE: REFINANCE PREVIOUS ISSUE. USED TO BUILD NEW CONCERT HALL. (A) ISSUER NAME: CIEDB SEGERSTROM 2017 RRB 5% 01/01/25 (F) DESCRIPTION OF PURPOSE: REFINANCE PREVIOUS ISSUE. USED TO BUILD NEW CONCERT HALL. (A) ISSUER NAME: CIEDB SEGERSTROM 2017 RRB 5% 01/01/28 (F) DESCRIPTION OF PURPOSE: REFINANCE PREVIOUS ISSUE. USED TO BUILD NEW CONCERT HALL. PART III, LINES 3A-3D: THE ORGANIZATION PREVIOUSLY ENGAGED COUNSEL TO ADVISE FOR OTHER AREAS OF POTENTIAL PRIVATE USE. PART IV, LINE 1 NO FILING HAS OCCURRED AS OF THE DATE OF THE FILING OF THIS RETURN. PART I, BOND ISSUE ON LINE A THE BOND ISSUE FOR $53,072,460 HAD AN ISSUE PRICE OF $42,000,000 AND A PREMIUM OF $11,072,460. PART I, BOND ISSUE ON LINE B THE BOND ISSUE FOR $58,752,480 HAD AN ISSUE PRICE OF $48,000,000 AND A PREMIUM OF $10,752,480. PART I, BOND ISSUE ON LINE C THE BOND ISSUE FOR $37,721,280 HAD AN ISSUE PRICE OF $32,000,000 AND A PREMIUM OF $5,721,280. PART I, BOND ISSUE ON LINE D THE BOND ISSUE FOR $38,855,040 HAD AN ISSUE PRICE OF $32,000,000 AND A PREMIUM OF $6,855,040. X 11 23993004 X VARIOUS DONATIONS 33 66793 FMV/RETAIL VALUE false true false FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: WE WILL HELP SHAPE THE ORANGE COUNTY OF THE FUTURE THROUGH MEANINGFUL COLLABORATIONS WITH DIVERSE COMMUNITIES, EMBRACING CREATIVITY IN ALL ITS FORMS AND ENABLING A MORE INCLUSIVE, VIBRANT PERFORMING ARTS SCENE AT THE CENTER AND ACROSS THE REGION. WE WILL MAINTAIN THE EXCELLENCE OF OUR CORE ARTISTIC AND EDUCATION PROGRAMS WHILE DEMONSTRATING THE ENTREPRENEURIAL RESOLVE TO EXTEND RESOURCES, KNOW-HOW AND CREATIVITY OUT INTO THESE COMMUNITIES WE ENGAGE. THE CENTER WILL BE TRANSFORMED INTO A CULTURAL CENTER AND DYNAMIC TOWN SQUARE DEEPLY ENGRAINED IN THE FABRIC OF OUR COMMUNITY , ARTISTICALLY AMBITIOUS YET ACCESSIBLE TO ALL, ONE THAT SHINES AS THE VERY MODEL OF THE SUCCESSFUL PERFORMING ARTS CENTER OF THE FUTURE. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: THE CENTER ENCOMPASSES THE 3,000-SEAT OPERA HOUSE STYLE SEGERSTROM HALL, THE 2,000-SEAT RENEE AND HENRY SEGERSTROM CONCERT HALL, THE 500-SEAT MULTI-FUNCTIONAL SAMUELI THEATER, 250-SEAT JUDY MORR THEATRE AND 46,000-SQUARE-FOOT JULIANNE AND GEORGE ARGYROS PLAZA. THE EDUCATION CENTER INCLUDES THE STUDIO PERFORMANCE SPACE AND BOEING EDUCATION LAB AS WELL AS THE OFFICES FOR THE CENTER'S EDUCATION DEPARTMENT. OTHER AMENITIES INCLUDE TWO PRIVATE DONOR ROOMS, GEORGE'S CAFE AND THE ELEGANT LEATHERBY'S CAFE ROUGE. THE PERFORMANCE VENUES ALL FEATURE ARTIST AMENITIES, INCLUDING DRESSING ROOMS, ARTIST LOUNGES, PRACTICE SUITES AND REHEARSAL STUDIOS. FORM 990, PART VI, SECTION A, LINE 2: DIRECTORS ELIZABETH SEGERSTROM AND SANDY SEGERSTROM-DANIELS HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6: THE ORGANIZATION HAS MEMBERS WHO CAN ELECT THE BOARD OF DIRECTORS, BUT DO NOT VOTE ON THE BOARD'S DECISIONS. FORM 990, PART VI, SECTION A, LINE 7A: THERE IS ONE CLASS OF MEMBER AND THEIR ONLY RIGHT IS TO ELECT MEMBERS TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS DISTRIBUTED TO THE CHAIRMAN OF THE BOARD, THE AUDIT COMMITTEE CHAIRMAN, THE FINANCE COMMITTEE CHAIRMAN AND THE PRESIDENT OF THE ORGANIZATION FOR REVIEW AND COMMENT. ADDITIONALLY, THE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C: THE CONFLICT OF INTEREST POLICY AND ANNUAL DISCLOSURE QUESTIONNAIRE ARE DISTRIBUTED ANNUALLY TO BE SIGNED BY ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15: COMPENSATION IS DETERMINED BY THE EXECUTIVE PERSONNEL COMMITTEE BASED ON COMPARISONS WITH OTHER NONPROFIT ORGANIZATIONS AND INDEPENDENT COMPENSATION CONSULTANTS. DOCUMENTATION OF THE COMPENSATION REVIEW PROCESS IS MAINTAINED. FORM 990, PART VI, SECTION C, LINE 18: A FILE COPY OF THE FORM 990 IS KEPT AT SEGERSTROM CENTER FOR THE ARTS FOR INSPECTION. FORM 990, PART VI, SECTION C, LINE 19: FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. ADDITIONALLY, COPIES OF THE LAST THREE PRIOR YEARS' FINANCIAL STATEMENTS ARE POSTED ON OUR WEBSITE. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: CHANGE IN VALUE OF IRREVOCABLE DEFERRED GIFTS (3,476,389) FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE SELECTION PROCESS HAS NOT CHANGED.