2022-05-16T09:54:11-05:00 2021-06-30 366055558 GRANT THORNTON LLP 2001 MARKET STREET SUITE 700 PHILADELPHIA PA 19103 990 2020-07-01 232865855 KIMMEL CENTER INC KIMM 2157905800 300 S BROAD STREET PHILADELPHIA PA 19102 STANLEY M APPLEGATE VP/CFO 2157905820 2022-05-16 1 STANLEY APPLEGATE 999009999 ALYCIA SOLECKI P01272637 2155614200 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X ANNE C EWERS 300 S BROAD STREET PHILADELPHIA PA 19102 17622712 0 X WWW.KIMMELCENTER.ORG X 1996 PA TO OPERATE A WORLD CLASS PERFORMING ARTS CENTER THAT ENGAGES AND SERVES A (SEE SCH O) BROAD AUDIENCE FROM THROUGHOUT THE GREATER PHILADELPHIA REGION. 35 34 670 30 92279 0 7514258 8171611 26198554 -28379 6520474 4665370 848638 410235 41081924 13218837 0 0 0 0 17824732 6670398 24250 0 569389 31567430 13215728 49416412 19886126 -8334488 -6667289 245953445 258952678 24896464 29551274 221056981 229401404 X THE KIMMEL CENTER FOR THE PERFORMING ARTS MISSION IS TO OPERATE A WORLD-CLASS PERFORMING ARTS CENTER THAT ENGAGES AND SERVES A BROAD AUDIENCE FROM THROUGHOUT THE GREATER PHILADELPHIA REGION. 0 0 14766894 591083 SEE SCHEDULE O 1173065 0 TO PROVIDE VITAL ARTS EDUCATION AND COMMUNITY PROGRAMMING TO SERVE THE INTERESTS OF A BROAD AND DIVERSE AUDIENCE. 15939959 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 197 0 1 670 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 35 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ NY PA X STANLEY M APPLEGATE 2157905800 300 S BROAD STREET PHILADELPHIA PA 19102 ANNE C EWERS VP, CEO 40.00 0.00 X X 703380 0 26769 EDWARD J CAMBRON VP, COO 40.00 0.00 X 304494 0 33349 STANLEY M APPLEGATE VP, CFO 40.00 0.00 X 281754 0 39135 ROSS S RICHARDS VP, FACILITY SALES AS OF NOV'15 40.00 0.00 X 186471 0 29509 CRYSTAL A BREWE VP OF MARKETING 40.00 0.00 X 166777 0 34256 JACOB A JESSUP CONTROLLER 40.00 0.00 X 126726 0 13900 ELIZABETH A SACCARDI DIR OF DEVELOPMENT 40.00 0.00 X 136442 0 4093 SUSAN N QUINN DIR. OF EDUCATION 40.00 0.00 X 111077 0 20869 FRANCES L EGLER DIR OF PROGRAMMING 40.00 0.00 X 115997 0 14206 MATTHEW J SUYDAM FACILITY MANAGER 40.00 0.00 X 104189 0 25893 MICHAEL ZISMAN BOARD CHAIR 1.00 0.00 X X 0 0 0 ROBERT R CORRATO VICE CHAIR 1.00 0.00 X X 0 0 0 JANE HOLLINGSWORTH VICE CHAIR 1.00 0.00 X X 0 0 0 NICOLE PERKINS TREASURER 1.00 0.00 X X 0 0 0 JAMI WINTZ MCKEON SECRETARY 1.00 0.00 X X 0 0 0 ANGELA BOSTICK DIRECTOR 1.00 0.00 X 0 0 0 JEFFREY BROWN DIRECTOR 1.00 0.00 X 0 0 0 RICHARD D CARPENTER DIRECTOR 1.00 0.00 X 0 0 0 JOE CIRESI DIRECTOR 1.00 0.00 X 0 0 0 REV LUIS A CORTES JR DIRECTOR 1.00 0.00 X 0 0 0 ROBERT J DELANY SR DIRECTOR 1.00 0.00 X 0 0 0 JEFF DITTUS DIRECTOR 1.00 0.00 X 0 0 0 JOE HILL DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL B HILL DIRECTOR 1.00 0.00 X 0 0 0 PHILIP P JAURIGUE DIRECTOR 1.00 0.00 X 0 0 0 JOAN LAU DIRECTOR 1.00 0.00 X 0 0 0 BROOK J LENFEST DIRECTOR 1.00 0.00 X 0 0 0 JEFFREY A LEONARD DIRECTOR 1.00 0.00 X 0 0 0 STANLEY MIDDLEMAN DIRECTOR 1.00 0.00 X 0 0 0 ELIZABETH MURPHY DIRECTOR 1.00 0.00 X 0 0 0 ROBERTO PEREZ DIRECTOR 1.00 0.00 X 0 0 0 SULAIMAN W RAHMAN DIRECTOR 1.00 0.00 X 0 0 0 MARK H SAMUELS DIRECTOR 1.00 0.00 X 0 0 0 ANNE FAULKNER SCHOEMAKER DIRECTOR 1.00 0.00 X 0 0 0 MATTHEW A TAYLOR DIRECTOR 1.00 0.00 X 0 0 0 JENNIFER F TERRY DIRECTOR 1.00 0.00 X 0 0 0 SHERRY VARRELMAN DIRECTOR 1.00 0.00 X 0 0 0 LAURIE WAGMAN DIRECTOR 1.00 0.00 X 0 0 0 ROB WILSON DIRECTOR 1.00 0.00 X 0 0 0 DALILA WILSON-SCOTT DIRECTOR 1.00 0.00 X 0 0 0 JOSEPH ZEBROWITZ DIRECTOR 1.00 0.00 X 0 0 0 RONALD RUBIN THRU 421 DIRECTOR 1.00 0.00 X 0 0 0 JEFFREY MCFADDEN DIRECTOR 1.00 0.00 X 0 0 0 MICHELE KREISLER RUBENSTEIN DIRECTOR 1.00 0.00 X 0 0 0 VANESSA Z CHAN DIRECTOR 1.00 0.00 X 0 0 0 2237307 0 241979 14 0 1 0 ALLIED ADVERTISING LIMITED PARTNERSHIP POBOX 845382 BOSTON MA 022845382 MARKETING AGENCY 970119 ELLIOTT LEWIS CORPORATION 2900 BLACK LAKE PLACE PHILADELPHIA PA 19154 ENGINEER SERVICES 958439 GREATER PHILADELPHIA FALUN DAFA ASSOC PO BOX 42547 PHILADELPHIA PA 19101 TOURING SHOW 789670 ELEGANCE TOUR INC 234 WEST 44TH STREET SUITE 800 NEW YORK NY 10036 TOURING SHOW 771867 SIERRA NEVADA CORPORATION 444 SALOMON CIRCLE SPARKS NV 89434 DIGITAL MEDIA COMPANY 766550 28 1750223 3751325 2670063 8171611 COST RECOVERY REVENUE 711190 588918 552133 36785 RENTAL INCOME 711190 51800 38950 12850 TICKET PHILADELPHIA 561499 -669097 -669097 -28379 4666157 4666157 4403088 4403875 -787 -787 -787 RESTAURANT 722320 335091 335091 PARKING 812930 66907 34407 32500 ADVERTISING 541800 8237 8237 410235 13218837 -78014 92279 5032961 2571074 1238874 1191664 140536 2366971 1549380 594811 222780 121605 77309 35317 8979 1268028 1047146 121212 99670 342720 232253 80686 29781 270968 213562 57406 114524 114524 50750 50750 425464 425464 179163 179792 -629 55776 55776 421378 421378 2062562 1699093 363469 18492 17161 1281 50 305124 305124 8347758 8347758 794441 794441 CONSULTING FEES 70454 8096 62358 PRODUCTION & EXHIBITION 41791 34531 7260 ARTIST/PERFORMANCE FEES 39572 39572 MISCELLANEOUS 17511 155867 -155828 17472 19886126 15939959 3376778 569389 13316051 13953932 4077113 2519125 97712 813581 306357 220985 290909330 133236771 165105430 157672559 62160886 77412328 484785 401042 405111 5959126 245953445 258952678 2287864 2972462 8028578 11869834 13901404 14011536 678618 697442 24896464 29551274 X 154243524 150451643 66813457 78949761 221056981 229401404 245953445 258952678 -6667289 15011712 0 X 0 1 X 1 0 X 16124090 7418069 7811717 7514258 7814584 46682718 16124090 7418069 7811717 7514258 7814584 46682718 5947648 40735070 5086589 3576534 1102062 6525873 4666157 20957215 170670 185720 356390 577777 820105 1244451 660650 367591 3670574 71666897 154444312 0.56840 0.54030 X SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: OTHER REVENUE 2016 AMOUNT: $ 577,777. 2017 AMOUNT: $ 820,105. 2018 AMOUNT: $ 1,244,451. 2019 AMOUNT: $ 660,650. 2020 AMOUNT: $ 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 1 50750 50750 0 PART II-B, LINE 1: A RETAINER FEE IS PAID TO WODJAK & ASSOCIATES FOR THE PURPOSE OF THE FIRM ASSISTING THE KIMMEL CENTER WITH ACQUIRING CITY AND STATE FUNDING. X 0 62565997 605266 18852264 4403088 77620439 67037319 8979 1137787 5618088 62565997 67754899 229392 2566602 3513574 67037319 63709191 900332 5477515 2332139 67754899 59010162 2327135 6382539 4010645 63709191 0.00000 1.00000 1 0 18671290 18671290 242977939 116883192 126094747 4969390 1807016 3162374 24290711 14546563 9744148 157672559 DUE TO TICKET PHILADELPHIA JOINT VENTURE 545985 LIABILITY UNDER UNITRUST AGRMT 151457 697442 27448058 15011712 15011712 12436346 425464 357027 782491 13218837 19103635 0 19103635 425464 357027 782491 19886126 PART III, LINE 4: COLLECTIONS OF ART THE ORGANIZATION'S COLLECTION CONSISTS OF A BRONZE SCULPTURE AND VARIOUS FINE ART WORKS AND PAINTINGS FOR YEAR-ROUND PUBLIC EXHIBITION. PART V, LINE 4: ENDOWMENT FUNDS THE ORGANIZATION'S INTENDED USES OF THR ENDOWMENT FUNDS ARE FOR THE OPERATIONS, MAINTENANCE, AND SUPPORT OF EDUCATION PROGRAMS. PART XI, LINE 4B - OTHER ADJUSTMENTS: ERC CREDIT RECLASS FROM EXPENSE 357,027. PART XII, LINE 4B - OTHER ADJUSTMENTS: ERC CREDIT RECLASS TO REVENUE 357,027. X 0 1 X X X X 0 0 0 1 0 1 0 0 0 ANNE C EWERS VP, CEO 496980 0 200000 0 6400 0 13000 0 13769 0 730149 0 730149 0 EDWARD J CAMBRON VP, COO 304494 0 0 0 0 0 8718 0 24631 0 337843 0 337843 0 STANLEY M APPLEGATE VP, CFO 281754 0 0 0 0 0 8293 0 30842 0 320889 0 320889 0 ROSS S RICHARDS VP, FACILITY SALES AS OF NOV'15 186471 0 0 0 0 0 5594 0 23915 0 215980 0 215980 0 CRYSTAL A BREWE VP OF MARKETING 166777 0 0 0 0 0 5003 0 29253 0 201033 0 201033 0 PART I, LINE 1A THE CHIEF EXECUTIVE OFFICER ("CEO") HAS A MEMBERSHIP TO THE UNION LEAGUE OF PHILADELPHIA THAT IS USED PRINCIPALLY FOR BUSINESS PURPOSES. IF IN THE EVENT ANY PORTION OF THE EXPENSES IS CONSIDERED PERSONAL USE, THE CEO REIMBURSES THE ORGANIZATION FOR THE AMOUNT CHARGED. PART I, LINE 5 NON-FIXED PAYMENTS CERTAIN EXECUTIVES PARTICIPATE IN AN ANNUAL INCENTIVE COMPENSATION PLAN. THE PLAN IS REVIEWED AND APPROVED ANNUALLY BY THE HUMAN RESOURCES AND COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THIS COMMITTEE ALSO REVIEWS THE PAYOUTS UNDER THE PLAN PRIOR TO PAYMENT. PAYMENTS UNDER THE PLAN ARE DEPENDENT ON THE ACHIEVEMENT OF CERTAIN FINANCIAL AND NON-FINANCIAL GOALS ESTABLISHED FOR EACH PARTICIPANT. THE FINANCIAL GOALS INCLUDE REVENUE AND NET EARNINGS. THE INCENTIVE PAYMENTS REPORTED ON THIS 2020 FORM 990 RELATE TO COMPENSATION PAID IN CALENDAR YEAR 2020. PART I, LINE 6 SEE ABOVE AND SCHEDULE O FOR KIMMEL CENTER'S COMPENSATION POLICY. FORM 990, PART III, LINE 4A THE KIMMEL CENTER FOR THE PERFORMING ARTS (THE CENTER) OPERATES AND MAINTAINS WORLD-CLASS PERFORMANCE VENUES INCLUDING THE KIMMEL CENTER FOR THE PERFORMING ARTS, THE ACADEMY OF MUSIC, AND THE MERRIAM THEATER. THE CENTER PROVIDES STATE-OF-THE-ART VENUES AND SUPPORT FACILITIES FOR RESIDENT COMPANIES AND A BROAD RANGE OF OTHER REGIONAL PERFORMANCE GROUPS AT BELOW COSTS. THE CENTER PRESENTS ARTISTIC PROGRAMMING OF THE HIGHEST QUALITY THAT SERVES DIVERSE AUDIENCES AND BRINGS WORLD-RENOWNED ARTISTS TO PHILADELPHIA. THE CENTER ALSO PROVIDES VITAL ARTS EDUCATION AND COMMUNITY PROGRAMMING TO SERVE THE INTERESTS OF A BROAD AND DIVERSE AUDIENCE AND INVESTS IN BURGEONING LOCAL TALENT WITH JAZZ AND THEATER RESIDENCY PROGRAMS WHICH ACT AS AN INCUBATOR FOR NEW WORKS OF ART. IN FISCAL YEAR 2021, THE KIMMEL CENTER CAMPUS ENGAGED, THROUGH ITS FREE AND TICKETED EVENTS, AN ESTIMATED TOTAL OF 1 MILLION PATRONS. THE CENTER ALSO PROVIDES INVALUABLE ARTS LEARNING OPPORTUNITIES. FREE OR LOWCOST PROGRAMMING HELPS FILL A GAP IN EDUCATION FUNDING IN LOCAL SCHOOLS. SOME EXAMPLES INCLUDE: PERFORMING ARTS CLASSES, STUDENT MATINEES, SHOWSTOPPERS MUSICAL THEATER PROGRAM, CREATIVE MUSIC PROGRAM FOR JAZZ, BROADWAY DREAMS SUMMER PROGRAM, SUMMER JAZZ CAMP, AND OUR NATIONALLY RECOGNIZED PNC "GROW UP GREAT" PROGRAM. PROGRAMS ARE SPECIALLY DESIGNED TO CREATE MULTIPLE INTENSIVE EXPERIENCES WITH DEPTH, MANY OF WHICH CULMINATE IN PERFORMANCES. WITH A SPECIAL FOCUS ON JAZZ AND MUSICAL THEATER, THE KIMMEL CENTER'S EDUCATION PROGRAMS REACH OVER 26,773 STUDENTS IN GREATER PHILADELPHIA. THE SPREAD OF THE CORONAVIRUS (COVID-19) OUTBREAK IN THE UNITED STATES HAS RESULTED IN ECONOMIC UNCERTAINTIES WHICH HAVE NEGATIVELY IMPACTED THE CENTER'S BUSINESS OPERATIONS. WHILE THE DISRUPTION IS EXPECTED TO BE TEMPORARY, THERE IS UNCERTAINTY SURROUNDING THE DURATION AND EXTENT OF THE IMPACT. THE CENTER CLOSED IN MARCH 2020 IN COMPLIANCE WITH GOVERNMENT GUIDELINES. SINCE CLOSING IN MARCH, MORE THAN 800 EVENTS WERE CANCELLED OR RESCHEDULED. AGGRESSIVE COST-CONTAINMENT MEASURES, INCLUDING STAFF REDUCTIONS AND SUSPENSION OR RENEGOTIATION OF CONTRACTS WITH VENDORS, WERE IMPLIMENTED THAT SIGNIFICANTLY REDUCED THE CENTER'S ANNUAL OPERATING BUDGET. DRIVEN BY REDUCED TICKET SALES AND VENUE RENTALS, THE FINANCIAL IMPACT OF COVID-19 IS EXPECTED TO BE SIGNIFICANT. UPON REOPENING, THE CENTER INITIALLY EXPECTS LOWER THAN NORMAL AUDIENCE LEVELS AND INCREASED EXPENSES RELATED TO HEALTH AND SAFETY MEASURES. A COVID-19 RELIEF FUND CAMPAIGN HAS BEGUN, AND THE BOARD HAS INCREASED THE SPENDING RATE FROM THE ENDOWMENT FUND. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990: FORM 990 IS PREPARED BY AN INTERNATIONAL ACCOUNTING FIRM UNDER THE DIRECTION OF THE ORGANIZATION'S FINANCE STAFF. IT IS REVIEWED IN DEPTH BY THE AUDIT COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS WHICH MEET WITH THE FINANCE STAFF AND THE INDEPENDENT TAX PREPARERS/ADVISORS TO PERFORM THIS REVIEW. A COPY OF THE FORM 990 IS THEN GIVEN TO EACH MEMBER OF THE BOARD OF DIRECTORS AND A REASONABLE AMOUNT OF TIME IS GRANTED FOR COMMENTS. THEREAFTER, THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: KIMMEL CENTER, INC. REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. THE CENTER'S BYLAWS PRESCRIBE RULES FOR DEFINING, REPORTING AND OTHERWISE DEALING WITH CONFLICTS OF INTEREST BY MEMBERS OF THE BOARD OF DIRECTORS AND THEIR HOUSEHOLD MEMBERS. THIS IS A RESPONSIBILITY OF THE CHAIR OF THE BOARD. THE CENTER ALSO HAS A CONFLICT OF INTEREST POLICY WHICH APPLIES TO ALL EMPLOYEES AND THEIR IMMEDIATE FAMILY MEMBERS. KIMMEL CENTER'S CORPORATE OFFICERS ARE RESPONSIBLE FOR DETERMINING WHETHER A CONFLICT EXISTS AND INSURING THAT ALL TRANSACTIONS ARE HANDLED APPROPRIATELY UNDER THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 REVIEW OF COMPENSATION: PROCESS FOR DETERMINING COMPENSATION OF THE CHIEF EXECUTIVE OFFICER: THE CEO RECEIVES AN ANNUAL PERFORMANCE EVALUATION COMPLETED BY THE CHAIR OF THE BOARD OF DIRECTORS AND THE CHAIR OF THE HUMAN RESOURCES & COMPENSATION COMMITTEE. CEO PERFORMANCE AND COMPENSATION ARE ALSO REVIEWED AT A MEETING OF THE FULL BOARD OF DIRECTORS. ONLY THOSE MEMBERS OF THE BOARD WHO ARE FREE OF CONFLICTS OF INTEREST MAY BE INVOLVED IN THE EVALUATION OF CEO COMPENSATION. IN DETERMINING CEO COMPENSATION, THE CHAIR REVIEWS NATIONAL AND LOCAL COMPENSATION STUDIES OF COMPARABLE ORGANIZATIONS AND CONSIDERS INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE AGAINST GOALS. THE EXECUTIVE COMMITTEE KEEPS A RECORD OF THE MEETINGS AND DISCUSSIONS RELATIVE TO CEO COMPENSATION. THE JUSTIFICATION FOR RECOMMENDED ADJUSTMENTS IS APPROPRIATELY DOCUMENTED. PROCESS FOR DETERMINING COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES: THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE CHIEF EXECUTIVE OFFICER BASED ON PREVAILING COMPENSATION FOR THESE POSITIONS AT COMPARABLE ORGANIZATIONS BOTH LOCALLY AND NATIONALLY AS WELL AS PERFORMANCE AGAINST INDIVIDUAL AND ORGANIZATIONAL GOALS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS: THE KIMMEL CENTER MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART I, LINE 5 & PART V, LINE 2A NUMBER OF INDIVIDUALS RECEIVING FORM W-2 IN 2020: THE TOTAL NUMBER OF INDIVIDUALS EMPLOYED WHO RECEIVED A FORM W-2 IN 2020 WAS 670, INCLUDING CURRENT AND FORMER EMPLOYEES. OF THESE, 509 WERE SEASONAL, PART-TIME EMPLOYEES WHO EARNED LESS THAN $10,000 EACH. THERE WERE 254 FULL-TIME EMPLOYEES INCLUDING: STAGE HANDS, BOX OFFICE, SECURITY, ADMINISTRATIVE, FACILITIES, MARKETING, FUNDRAISING AND PROGRAMMING EMPLOYEES. TICKET PHILADELPHIA 1500 WALNUT ST 17TH FLR PHILADELPHIA PA 19102 455625606 TICKET SALES PA KIMMEL CENTER RELATED -869968 0 1 0.69210 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0