2022-05-10T21:29:01-05:00 2021-06-30 946214841 ARMANINO LLP 50 W SAN FERNANDO ST STE 500 SAN JOSE CA 95113 990 2020-07-01 680419182 LIVERMORE VALLEY PERFORMING ARTS CENTER LIVE 9253736100 2400 FIRST STREET LIVERMORE CA 94550 HENRY HUFF TREASURER 9253736100 2022-05-03 1 HENRY HUFF 999009999 MATTHEW PETROSKI P00853132 4082006400 2022-05-03 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JEANETTE KING 2400 FIRST STREET LIVERMORE CA 94550 1228058 0 X WWW.LVPAC.ORG X 1998 CA TO ESTABLISH AND OPERATE A WORLD-CLASS PERFORMING ARTS CENTER IN THE TRI-VALLEY. 17 16 60 183 0 0 2181262 1077502 1220865 98989 185 404 -20811 -20871 3381501 1156024 0 0 0 0 1495456 785627 0 0 201388 2405941 1386216 3901397 2171843 -519896 -1015819 16595119 15634705 3165898 3221303 13429221 12413402 X THE MISSION OF LIVERMORE VALLEY PERFORMING ARTS CENTER (LVPAC) IS TO OFFER A BROAD RANGE OF ARTS OPPORTUNITIES AND EXPERIENCES TO ENGAGE IN OUR DIVERSE COMMUNITY. 0 1 1579192 41159 LIVERMORE VALLEY PERFORMING ARTS CENTER OPERATES THE BANKHEAD THEATER AND THE BOTHWELL ARTS CENTER OFFERING A RANGE OF PERFORMING, VISUAL, CULTURAL AND EDUCATIONAL ARTS EXPERIENCES FOR THE ENTIRE COMMUNITY.THE THEATER SERVES AS A HOME FOR THE TRI-VALLEY REGION'S LEADING PERFORMING ARTS ORGANIZATIONS INCLUDING DEL VALLE FINE ARTS, LIVERMORE-AMADOR SYMPHONY, LIVERMORE VALLEY OPERA, PACIFIC CHAMBER ORCHESTRA, TRI-VALLEY REPERTORY THEATRE, VALLEY DANCE THEATRE, AND THE RAE DOROUGH SPEAKER SERIES. THE TWO DOZEN PERFORMANCES BY THESE GROUPS WERE SUPPORTED BY LVPAC THROUGH DISCOUNTED RATES ON RENT, LABOR AND MARKETING. (SEE SCHEDULE O FOR CONTINUATION). IN TURN, THE GROUPS COLLABORATE BY PROVIDING THE COMMUNITY WITH EDUCATIONAL OUTREACH OPPORTUNITIES AND A FREE FAMILY CONCERT EACH HOLIDAY SEASON. THE BANKHEAD IS ALSO AVAILABLE FOR RENT TO TOURING COMPANIES AND NON-PROFIT ORGANIZATIONS. 78399 30214 LVPAC ALSO OPERATES THE BOTHWELL ARTS CENTER, A MULTI-PURPOSE FACILITY WITH THE PURPOSE OF SUPPORTING LOCAL ARTISTS AND ARTS ORGANIZATIONS, UNDER A LEASE AGREEMENT WITH LIVERMORE AREA RECREATION AND PARK DISTRICT. THE BOTHWELL SERVES AS AN ARTS INCUBATOR, OFFERING AFFORDABLE CLASSROOM, REHEARSAL, PERFORMANCE, EVENT AND STUDIO RENTAL SPACE FOR ARTISTS, MUSICIANS, AND DANCERS, AS WELL AS THEATRICAL, CHORAL, AND OTHER GROUPS WITH A CULTURAL ARTS FOCUS. 15217 33350 LVPAC STRIVES TO INSPIRE AND NURTURE CREATIVITY AND A LOVE FOR THE ARTS IN STUDENTS OF ALL AGES. YOUNG PEOPLE ENGAGE DIRECTLY WITH THE PERFORMING ARTS THROUGH STUDENT MATINEES, MASTER CLASSES, CAMPS AND WORKSHOPS. AT THE BOTHWELL, VISUAL ARTS, MUSIC AND DANCE CLASSES AND SESSIONS INVOLVE ALL AGE GROUPS. FREE COMMUNITY-WIDE EVENTS SUCH AS ARTWALK, LUNAR NEW YEAR, AFRICAN AMERICAN CELEBRATION, FILIPINO BARRIO FIESTA, AND OTHER CULTURAL CELEBRATIONS, OFFER EVERYONE IN THE COMMUNITY A CHANCE TO COME TOGETHER AND ENJOY A WEALTH OF ARTS EXPERIENCES. 1672808 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 18 0 1 60 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X X REANNA BRADFORD 9253736100 2400 FIRST STREET LIVERMORE CA 94550 JEANETTE KING CHAIRMAN 1.00 X X 0 0 0 JOAN K SEPPALA PRESIDENT 1.00 X X 0 0 0 HENRY HUFF TREASURER 1.00 X X 0 0 0 LELAND YOUNKER PHD SECRETARY 1.00 X X 0 0 0 DENISE WATKINS VICE CHAIR 1.00 X X 0 0 0 LAYNE MARCEAU DIRECTOR 1.00 X 0 0 0 JUDGE MARK EATON DIRECTOR 1.00 X 0 0 0 JEAN SHULER DIRECTOR 1.00 X 0 0 0 CHARLES HARTWIG DIRECTOR 1.00 X 0 0 0 KELLENE COUSINS DIRECTOR 1.00 X 0 0 0 WILLIAM DUNLOP DIRECTOR 1.00 X 0 0 0 PHILIP R WENTE DIRECTOR 1.00 X 0 0 0 MICHAEL WEINER DIRECTOR 1.00 X 0 0 0 JEFF KASKEY DIRECTOR 1.00 X 0 0 0 DONA CRAWFORD DIRECTOR 1.00 X 0 0 0 KEN JONES DIRECTOR 1.00 X 0 0 0 TIM STULTZ DIRECTOR (LEFT 08/01/20) 1.00 X 0 0 0 KELLY BOWERS DIRECTOR (START 05/27/21) 1.00 X 0 0 0 SCOTT KENISON EXECUTIVE DIRECTOR (LEFT 02/20) 40.00 X 44933 0 3006 CHRIS CARTER EXECUTIVE DIRECTOR 40.00 X 86578 0 12035 REANNA BRADFORD DIRECTOR OF FINANCE 40.00 X 63089 0 12391 194600 0 27432 0 0 0 0 0 26155 368512 682835 141724 1077502 BOTHWELL STUDIO 711110 63564 63564 THEATER REVENUE 711110 35425 35425 98989 404 404 38283 26155 64424 -26141 -26141 6219 5062 1157 1157 927 2548 -1621 -1621 OTHER MISC REVENUE 900099 4750 4750 PRINTING REVENUE 900099 984 984 5734 1156024 104723 0 -26201 229902 13699 127160 89043 372252 348011 9354 14887 6930 5389 1541 131918 97251 17430 17237 44625 27964 9271 7390 33882 33882 56768 56768 9012 9012 139978 88086 7024 44868 76839 65313 5763 5763 70437 67619 1409 1409 1762 528 706 528 53370 51236 1067 1067 874027 839065 17481 17481 6251 6001 125 125 ARTIST PAYMENTS 32105 32105 FACILITY & EQUIPMENT 19865 19865 BAD DEBT 10146 10146 COMMUNICATIONS - PUBLIC 1480 1480 294 184 61 49 2171843 1672808 297647 201388 652968 581801 39701 906343 1142462 284822 3127 11109 12334 12334 113900 81696 25250993 11514314 14610706 13736679 19921 19921 16595119 15634705 539066 404308 261250 514655 250000 150000 2115582 2152340 3165898 3221303 X 11155548 11102451 2273673 1310951 13429221 12413402 16595119 15634705 -1015819 0 X X 0 1 X 1 0 X 1607211 2297466 1722982 2181262 1077502 8886423 1607211 2297466 1722982 2181262 1077502 8886423 2819208 6067215 38084 12599 519 185 404 51791 237031 279288 165779 177514 50236 909848 9848062 7486745 0.61610 0.60460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 740000 740000 22954262 10411990 12542272 34431 23314 11117 1522300 1079010 443290 13736679 PRESENT VALUE OF PURCHASE OPTION 1674840 ECONOMIC INJURY DISASTER LOAN 150000 PPP LOAN 327500 2152340 X 1209052 50480 2548 53028 1156024 0 1156024 2224871 50480 2548 53028 2171843 0 2171843 PART X, LINE 2: U.S. GAAP PROVIDES ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE CENTER IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION. THE CENTER FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND STATE OF CALIFORNIA. THE CENTER'S FEDERAL RETURNS FOR THE TAX YEARS ENDED JUNE 30, 2018 AND BEYOND REMAIN SUBJECT TO POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE CENTER'S CALIFORNIA RETURNS FOR THE TAX YEARS ENDED JUNE 30, 2017 AND BEYOND REMAIN SUBJECT TO POSSIBLE EXAMINATION BY THE FRANCHISE TAX BOARD. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONCESSIONS EXPENSE 2,548. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONCESSIONS EXPENSE 2,548. BEST OF BANKHEAD 62587 26155 36432 1000 15423 1000 22865 62587 26155 36432 1000 15423 1000 22865 40288 -3856 THE INDEPENDENT A FOR PROFIT OWNED BY A BOARD MEMBER 13186 THE ORGANIZATION'S BOARD PRESIDENT, JOAN SEPPALA IS THE OWNER/PRESIDENT OF A LOCAL NEWSPAPER, THE INDEPENDENT. THE ORGANIZATION PAID $13,186 FOR AD SERVICES FROM THE INDEPENDENT DURING FYE 06/30/2021. 0 X 2 111769 FMV X AUCTION ITEMS 18 26155 FMV X SUPPLIES 1 3800 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS OR ITEMS CONTRIBUTED ABOVE PERTAINS TO THE NUMBER OF DONORS. FORM 990, PART III, LINE 3 ON MARCH 11, 2020, THE WORLD HEALTH ORGANIZATION CHARACTERIZED COVID-19 AS A PANDEMIC. IN THE UNITED STATES, SEVERAL STATES, INCLUDING CALIFORNIA, WHERE LVPAC IS LOCATED, DECLARED A STATE OF EMERGENCY. ON MARCH 12, 2020, LVPAC'S 2019-2020 SEASON WAS CUT SHORT WHEN THE CALIFORNIA DEPARTMENT OF PUBLIC HEALTH FORCED ALL NON-ESSENTIAL BUSINESSES TO CLOSE. ALL OPERATIONS AT THE BANKHEAD THEATER AND BOTHWELL ARTS CENTER WERE TEMPORARILY SHUT DOWN. SHORTLY AFTER THE INITIAL SHUTDOWN, LVPAC TRANSITIONED FROM LIVE EVENTS AND CLASSES AND BEGAN OFFERING ONLY VIRTUAL ART CLASSES, OPEN MIC NIGHTS, LIVE SPEAKER EVENTS, AND CONCERTS. THIS CONTINUED EXCLUSIVELY UNTIL ALAMEDA COUNTY DEPARTMENT OF PUBLIC HEALTH RELAXED SOME RESTRICTIONS AND LVPAC WAS ALLOWED TO RESUME LIMITED IN-PERSON OPERATIONS IN APRIL 2021. DURING THE YEAR ENDED JUNE 30, 2021, OVER 101 PUBLIC EVENTS TOOK PLACE BOTH VIRTUALLY AND IN PERSON. THESE INCLUDED 38 ART CAMPS AND CLASSES HELD BOTH ONLINE AND IN PERSON, 45 VIRTUAL EVENTS, AND 18 IN-PERSON EVENTS ONCE LVPAC WAS ALLOWED TO REOPEN THE BANKHEAD THEATER AND BOTHWELL ARTS CENTER. VIRTUAL EVENTS INCLUDED ART HISTORY, HOW TO MAKE A SONG, COLORED PENCIL, OPEN MIC ZOOM EVENTS, LIVE SPEAKER EVENTS CO-PRESENTED WITH RDSS AND QUEST, VINEYARD VIBE PERFORMANCES BY LUNAFISH, BRIAN MAGGI, FAITH ALPHER, MATT FINDERS, DIRTY CELLO, MICHAEL MCNEVIN, LAS, LVO, ALONG WITH EXTERNAL LIVE STREAMED PRODUCTIONS BY THE MOODY BLUES, PINK MARTINI, AND NATALIE MACMASTER. LVPAC HELD A VERY SUCCESSFUL VIRTUAL FUNDRAISING EVENT CALLED THE BEST OF THE BANKHEAD IN NOVEMBER 2020. LVPAC'S MAIN STAGE AT THE BANKHEAD THEATER REMAINED CLOSED UNTIL JULY 2021. ONCE LVPAC WAS ALLOWED TO REOPEN THE BANKHEAD THEATER, LVPAC STARTED SHOWING FILMS TO SMALL AUDIENCES, HOSTING CONCERTS IN THE COURTYARD, AND REOPENED THE LOBBY AS AN ART GALLERY. WHILE LVPAC WAS ABLE TO SHIFT SOME EVENTS ONLINE AND WAS EVENTUALLY ABLE TO START OFFERING SMALL, LIMITED IN-PERSON EVENTS IN APRIL 2021, A LARGE NUMBER OF IN-PERSON EVENTS WERE CANCELED OR POSTPONED. THIS CAUSED AN 81% REDUCTION IN TICKET SALES TO FUTURE EVENTS AND A 97% REDUCTION IN EARNED THEATER REVENUE COMPARED TO THE YEAR ENDED JUNE 30, 2020, AND JUNE 30, 2019; LVPAC'S LAST FULL YEAR OF OPERATIONS. FOR THE PERIOD OF JULY 1, 2020, THROUGH JUNE 30, 2021, LVPAC CANCELED 45 LVPAC PRESENTS EVENTS AND RESCHEDULED 21 EVENTS OF WHICH SEVERAL RESCHEDULED EVENTS HAVE BEEN RESCHEDULED MULTIPLE TIMES. RESIDENT COMPANIES AND OUTSIDE PERFORMANCE COMPANIES CANCELED 61 SCHEDULED EVENTS. SOME HAVE DECIDED NOT TO PUT ON ANY LIVE IN-PERSON EVENTS UNTIL 2023. LVPAC WAIVED RENT FOR BOTHWELL ART STUDIO RENTERS FROM MARCH 2020 UNTIL SEPTEMBER 2020. THIS RESULTED IN A $15,000 LOSS IN EARNED BOTHWELL REVENUE DURING THAT SAME TIME. ALAMEDA COUNTY DEPARTMENT OF PUBLIC HEALTH'S COVID-19 MANDATE ALLOWED LVPAC TO REOPEN THE BOTHWELL ARTS CENTER TO RENTERS IN SEPTEMBER 2020. OVER THE FISCAL YEAR ENDING JUNE 30, 2021, LVPAC CONTINUED TO MONITOR THE FINANCIAL IMPACT OF THE COVID-19 CLOSURE ON THE ORGANIZATION. LVPAC CONTINUED ITS COST REDUCTIONS MEASURES AND INCREASED EFFORTS TO RAISE CONTRIBUTED REVENUE TO SUSTAIN OPERATIONS GOING INTO THE NEXT FISCAL YEAR AND BEYOND. IMPACT: 101 EVENTS AND PROGRAMS OFFERED 39 VIRTUAL EVENTS WERE STREAMED ONLINE BOTH LIVE AND PRE-RECORDED, MOST WERE FREE 38 ARTS EDUCATION EVENTS PROVIDED 18 LIMITED IN-PERSON EVENTS 6 SPECIAL EVENTS, INCLUDING LVPAC'S VIRTUAL FUNDRAISER CALLED THE BEST OF THE BANKHEAD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE ORGANIZATION'S AUDIT FIRM AND STAFF, REVIEWED BY THE BOARD FINANCE COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND OFFICER ANNUALLY SIGNS A STATEMENT THAT AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTAND THE POLICY AND WILL COMPLY WITH IT. THE ORGANIZATION'S EXECUTIVE DIRECTOR MONITORS THE ORGANIZATION'S ACTIVITIES AND TRANSACTIONS THAT COME BEFORE THE BOARD FOR ANY POTENTIAL CONFLICT OF INTEREST IN ORDER TO ENSURE COMPLIANCE WITH EXISTING POLICIES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT OFFICIALS REQUIRES COMPARABILITY DATA AND OUTSIDE RESEARCH. THE COMPENSATION IS APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 LVPAC MAKES ITS GOVERNMENT DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.