2022-05-11T09:59:55-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2020-07-01 412017278 HENNEPIN THEATRE TRUST HENN 6124559500 900 HENNEPIN AVENUE MINNEAPOLIS MN 55403 MARK NERENHAUSEN PRESIDENT/CEO 6124559500 2022-05-06 1 MARK NERENHAUSEN 999009999 JENNIFER TINGLEY P01485570 6123764500 2022-05-06 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARK NERENHAUSEN 900 HENNEPIN AVENUE MINNEAPOLIS MN 55403 4826566 0 X WWW.HENNEPINTHEATRETRUST.ORG X 2000 MN HENNEPIN THEATRE TRUST DRIVES CULTURAL AND ECONOMIC VITALITY IN MINNESOTA THROUGH LEADERSHIP OF THE DYNAMIC HENNEPIN THEATRE DISTRICT IN DOWNTOWN MINNEAPOLIS AND EDUCATIONAL PROGRAMMING THAT REACHES EVERY AREA OF THE STATE. ITS HISTORIC THEATRES -- ORPHEUM, STATE AND PANTAGES -- AND THE NEW EVENT CENTER AT 900 HENNEPIN AVENUE LIGHT UP HENNEPIN AVENUE WITH TOP-TIER ENTERTAINMENT, INCLUDING THE BEST OF BROADWAY AND A WIDE VARIETY OF ARTS PROGRAMMING. THE TRUST IS A NONPROFIT 501 (C) (3) ORGANIZATION. 23 22 61 30 2730 0 4735861 4765656 14900366 58595 52113 1914 -6052 -292 19682288 4825873 0 0 0 0 3259728 2479237 0 0 473022 17262253 3072417 20521981 5551654 -839693 -725781 24225463 22588604 19234227 18323149 4991236 4265455 X THE TRUST'S MISSION IS TO CREATE POSITIVE CHANGE THROUGH THE ARTS BY BRINGING TOGETHER PEOPLE, BUSINESSES AND ORGANIZATIONS TO CREATE AND ENJOY CULTURAL EXPERIENCES. 0 0 2247977 0 55573 PROGRAMMING:HENNEPIN THEATRE TRUST PROTECTS AND PRESERVES THE IMPORTANT HISTORIC ARTS DISTRICT AND IMPROVES THE EXPERIENCE FOR ALL WHO WORK, PLAY, LIVE OR VISIT DOWNTOWN.WE BRING BROADWAY'S LEADING PROFESSIONAL PRODUCTIONS TO MINNESOTA AUDIENCES. ANNUALLY, SHOWS SUCH AS HAMILTON, WICKED, FROZEN, DEAR EVAN HANSEN AND COME FROM AWAY ATTRACT NEARLY 350,000 PEOPLE TO DOWNTOWN MINNEAPOLIS FOR INSPIRING ENTERTAINMENT IN OUR HISTORIC THEATRES. IN ADDITION, OUR THREE HISTORIC THEATRES ATTRACT A DIVERSE ARRAY OF TODAY'S BRIGHTEST MUSIC, DANCE AND COMEDIC TALENT, INCLUDING DAVID BYRNE, AMOS LEE, SOUNDS OF BLACKNESS, IRA GLASS, DANCING WITH THE STARS, BRAZILIAN SINGER SEU JORGE, PAUL REISER AND ALI WONG. COMBINED, OUR DIVERSE THEATRE PROGRAMMING BRINGS MORE THAN 600,000 PEOPLE TO DOWNTOWN MINNEAPOLIS FROM AROUND THE UPPER MIDWEST REGION AND BEYOND. THE TRUST CONTRIBUTES MILLIONS TO THE LOCAL CREATIVE ECONOMY, INCLUDING LOCAL ARTISTS AND TECHNICIANS. AS LEADERS OF THE HENNEPIN THEATRE DISTRICT, WE BRING TOGETHER A WIDE RANGE OF STAKEHOLDERS ON NUMEROUS PROJECTS, AND DEVELOP PUBLIC-PRIVATE PARTNERSHIPS THAT UNLOCK POSITIVE SOLUTIONS TO CHALLENGES IN DOWNTOWN SUCH AS BUSINESS VACANCIES, HOMELESSNESS, SAFETEY AND YOUTH UNEMPLOYMENT. "HENNEPIN THEATRE TRUST IS A PROVEN AND TRUSTED PARTNER IN MAKING A POSITIVE DIFFERENCE IN THE LIVES OF EVERYONE WHO ENJOYS DOWNTOWN MINNEAPOLIS" - INSPECTOR MICHAEL SULLIVAN, MINNEAPOLIS POLICE DEPARTMENT 734893 0 0 PUBLIC ART:HENNEPIN THEATRE TRUST TRANSFORMS THE PLACES AND SPACES THAT MAKE THE HENNEPIN THEATRE DISTRICT A VIBRANT, WELCOMING AND SAFE PLACE FOR ALL TO ENJOY THROUGH OUR PUBLIC ART PROGRAM, THE LARGEST IN THE MIDWEST. OUTSIDE OUR THEATRES, WE CONNECT PEOPLE TO UNEXPECTED ARTS AND CULTURAL EXPERIENCES SUCH AS THE ICONIC BOB DYLAN MURAL, LARGE-SCALE BANNERS, ART IN UNDERUSED SPACES, AND LIVE ARTS AND CULTURAL EVENTS THROUGHOUT THE THEATRE DISTRICT. OUR FREE MUSICAL SERIES, TITLED 5 TO 10 ON HENNEPIN AND CREATED WITH KEY PARTNERS, HELPS INCREASE PUBLIC SAFETY AND BENEFITS HOMELESS YOUTH AND ADULTS IN THE DISTRICT. THE MONTHLY EVENT BRINGS LIVE MUSIC AND ART EXPERIENCES TO OUTDOORS SPACES ON HENNEPIN AVENUE, AND PROVIDES ATTENDEES WITH FOOD AND CONNECTIONS TO SOCIAL SERVICES. IT RECENTLY RECEIVED GRANT FUNDING FROM THE CITY OF MINNEAPOLIS OFFICE FOR VIOLENCE PREVENTION THAT ALLOWED US TO EXTEND THE SERIES THROUGH THE FALL MONTHS, HOSTING THE EVENTS INDOORS AT OUR EVENT CENTER. IN 2018, WE LAUNCHED THE "IT'S THE PEOPLE" INITIATIVE, INSPIRED BY THE PEOPLE WHOSE EXPERIENCES AND STORIES CREATE THE UNIQUE VIBRANCY OF HENNEPIN AVENUE. THE MAJOR PUBLIC ART PROJECT CAPTURES THE HEART AND SOUL OF MINNEAPOLIS' MOST FAMOUS STREET THROUGH NINE LARGE-SCALE BANNERS DISPLAYED ON FIVE BUILDINGS BETWEEN 5TH AND 10TH STREETS ALONG HENNEPIN AVENUE. 647159 0 0 EDUCATION:HENNEPIN THEATRE TRUST'S SPOTLIGHT EDUCATION PROGRAM IS AN ESSENTIAL PART OF ARTS EDUCATION IN MANY MINNESOTA SCHOOLS. ANNUALLY, WE HELP NEARLY 8,000 STUDENTS IN MORE THAN 100 URBAN, SUBURBAN AND RURAL HIGH SCHOOLS THROUGH THE STATE BUILD CONFIDENCE, CRITICAL THINKING, EMPATHY, SENSE OF COMMUNITY AND KNOWLEDGE OF MUSICAL THEATER. THE PROGRAM SUPPLEMENTS AND ENHANCES ARTS CURRICULA THROUGH PRODUCTION ASSESSMENTS, MASTERCLASSES AND THEATER REVIEW WRITING, INCREASING EQUITABLE ACCESS TO QUALITY MUSICAL THEATER EDUCATION. SPOTLIGHT SHOWCASE, OUR ANNUAL RECOGNITION EVENT, IS MINNESOTA'S LARGEST CELEBRATION OF HIGH SCHOOL MUSICAL THEATER AND PROVIDES 1,600 STUDENTS THE OPPORTUNITY TO PERFORM AT THE HISTORIC STATE THEATRE. EACH YEAR, WE SELECT TOP PERFORMERS AND ESCORT THEM TO PARTICIPATE IN THE JIMMY AWARDS IN NEW YORK CITY. MUCH OF THE ACTIVITY AROUND MASTERCLASSES AND OTHER EVENTS TAKE PLACE AT OUR EVENT CENTER, WHERE STUDENTS HAVE CLOSE ACCESS TO OUR CITY'S THREE HISTORIC THEATRES. 3630029 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 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 0 0 0 0 1 115 0 1 61 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X MARK NERENHAUSEN 6124559510 900 HENNEPIN AVE MINNEAPOLIS MN 55403 MARK NERENHAUSEN PRESIDENT/CEO 50.00 X X 248740 0 29188 JIM LANGEMO CHIEF ADMINISTRATIVE OFFICER 50.00 X 136528 0 17197 LISA KROHN DIRECTOR OF THEATRE PROGRA 40.00 X 101539 0 17506 TRAVIS BARKVE BOARD CHAIR 5.00 X X 0 0 0 JAY NOVAK PAST CHAIR 1.00 X 0 0 0 ANDREA MOKROS VICE CHAIR 1.00 X X 0 0 0 DAN TENENBAUM SECRETARY 1.00 X X 0 0 0 RYAN JOHNSON TREASURER 1.00 X X 0 0 0 KATHLEEN GULLICKSON DEVELOPMENT CHAIR 1.00 X X 0 0 0 MARK MARJALA CHAIR-BOARD AFFAIRS 1.00 X X 0 0 0 MICHELE ENGDAHL CHAIR-DISTRICT ENGAGEMENT 1.00 X X 0 0 0 MARIE BECKER TRUSTEE 1.00 X 0 0 0 BARBARA BRIN TRUSTEE 1.00 X 0 0 0 ORLANDO BRYANT TRUSTEE 1.00 X 0 0 0 AL COLEMAN TRUSTEE 1.00 X 0 0 0 GLORIA FREEMAN TRUSTEE 1.00 X 0 0 0 ANDREA HART KAJER TRUSTEE 1.00 X 0 0 0 JAYNE HAUGEN TRUSTEE 1.00 X 0 0 0 SYL JONES TRUSTEE 1.00 X 0 0 0 CHRISTINE KWIAT TRUSTEE 1.00 X 0 0 0 DORRAINE LARISON TRUSTEE 1.00 X 0 0 0 BILL MOFFLY TRUSTEE 1.00 X 0 0 0 SUE ROSS TRUSTEE 1.00 X 0 0 0 MELVIN TENNANT TRUSTEE 1.00 X 0 0 0 JENNIE WEBER TRUSTEE 1.00 X 0 0 0 BRET WEISS TRUSTEE 1.00 X 0 0 0 486807 0 63891 3 0 1 0 0 1521090 3244566 4765656 SHOW REVENUE 711300 29729 29729 COMMUNITY PROGRAMS 900099 26136 26136 MARKETING REVENUE 900099 2730 2730 58595 1914 1914 401 693 -292 -292 4825873 55573 2730 1914 618285 618285 1398057 926137 166889 305031 49711 34108 4366 11237 247896 132074 72310 43512 165288 78016 61570 25702 74315 74315 28782 28782 357665 177749 125271 54645 16471 16471 388490 249245 119689 19556 13967 13275 666 26 1035202 1034830 372 755647 685057 70590 43007 7135 35872 COMMUNITY PROGRAM EXPEN 208148 200648 7500 MEMBERSHIP EXPENSE 829 829 149894 75284 62126 12484 5551654 3630029 1448603 473022 251661 4579695 5009294 467197 262788 447495 458392 6124 6551 147114 133863 26832429 9685114 17896578 17147315 24225463 22588604 338994 314172 327374 222851 17780622 17126085 787237 660041 19234227 18323149 X 3697284 3189829 1293952 1075626 4991236 4265455 24225463 22588604 -725781 0 X X 0 1 X 1 0 X 5475943 7015121 4867022 4735861 4771656 26865603 31044567 23431198 44527622 14900366 58996 113962749 36520510 30446319 49394644 19636227 4830652 140828352 159509 292943 22753 15000 39088 529293 0 159509 292943 22753 15000 39088 529293 140299059 2500 88689 121157 115773 1914 330033 2500 88689 121157 115773 1914 330033 470 29048 2332 31850 36523480 30564056 49518133 19752000 4832566 141190235 0.99370 0.99790 0.00230 0.00200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 765900 765900 24836229 8794894 16041335 1230300 890220 340080 17147315 X 5070873 245000 245000 4825873 0 4825873 5796654 245000 245000 5551654 0 5551654 PART X, LINE 2: THE TRUST QUALIFIES AS A TAX-EXEMPT NONPROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATUTES OF MINNESOTA LAW. ACCORDINGLY, INCOME TAXES HAVE NOT BEEN RECORDED. THE TRUST HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION UNDER APPLICABLE ACCOUNTING GUIDANCE. X 1 1 X X X 0 0 0 0 0 0 0 0 0 MARK NERENHAUSEN PRESIDENT/CEO 248740 0 0 0 0 0 9950 0 19238 0 277928 0 0 0 JIM LANGEMO CHIEF ADMINISTRATIVE OFFICER 136528 0 0 0 0 0 5461 0 11736 0 153725 0 0 0 PART I, LINE 1A SOCIAL CLUB DUES ARE PAID FOR MARK NERENHAUSEN, PRESIDENT/CEO AND ARE NOT INCLUDED IN TAXABLE COMPENSATION FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR, VICE-CHAIR, PRESIDENT, TREASURER, AND COMMITTEE CHAIRS OF THE GOVERNANCE COMMITTEE AND DEVELOPMENT COMMITTEE. THE EXECUTIVE COMMITTEE IS CHARGED WITH FULFILLING THE BOARD'S FUNCTION WHEN THE BOARD IS NOT IN SESSION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE RETURN IS PREPARED AND REVIEWED BY FINANCE STAFF, IT IS THEN MADE AVAILABLE FOR EACH TRUSTEE OF THE BOARD TO REVIEW. THE BOARD AND FINANCE CHAIR WILL GIVE THE FINAL APPROVAL OF THE RETURN BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY GOVERNS THE ACTIVITIES OF THE BOARD OF TRUSTEES, OFFICERS, AND STAFF. ANNUALLY, THE BOARD OF TRUSTEES COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH S/HE IS INVOLVED THAT WOULD CONTRIBUTE TO A CONFLICT OF INTEREST. ANY IDENTIFIED CONFLICTS OF INTEREST ARE EVALUATED ON A CASE-BY-CASE BASIS BY THE PRESIDENT/CEO. IF A CONFLICT IS IDENTIFIED, THAT INDIVIDUAL WILL BE EXCLUDED FROM PARTICIPATING IN DECISIONS RELATED TO THE CONFLICT. ALL STAFF AND BOARD TRUSTEES ARE EXPECTED TO CONDUCT THEIR ACTIVITIES IN WAYS THAT AVOID THE APPEARANCE OF A CONFLICT OF INTEREST, OR ACTUAL LOSS OR EMBARRASSMENT TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL: A 360 DEGREE EVALUATION OF THE PRESIDENT/CEO IS PERFORMED BY THE STAFF AND THE BOARD. COMPENSATION DATA OF COMPARABLE ORGANIZATIONS IN COMPARABLE MARKETS IS PULLED TOGETHER BY THE BOARD CHAIR AND VICE CHAIR. IN CONSULTATION WITH THE EXECUTIVE COMMITTEE, COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD. THIS PROCESS WAS MOST RECENTLY COMPLETED IN 2018. COMPENSATION FOR OTHER OFFICERS & KEY EMPLOYEES: A SALARY ANALYSIS IS COMPLETED BY OASIS DEG (HR PROVIDER), REVIEWED BY RELEVANT STAFF, AND APPROVED BY THE CEO/PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, 2C THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.