2022-10-20T16:34:27-05:00 2021-12-31 262246506 APERCEN PARTNERS LLC 314 LYTTON AVE PALO ALTO CA 94301 990 2021-01-01 823421912 PENINSULA ARTS GUILD PENI 6508047100 314 LYTTON AVE PALO ALTO CA 94301 PETER L BRIGER JR TREASURER 6508047100 2022-10-19 1 PETER BRIGER JR 999009999 TOM VAN LOBEN SELS P00447955 6508047100 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z THE GUILD THEATRE ANDREW DUNLEVIE 314 LYTTON AVE PALO ALTO CA 94301 5925836 0 X THEGUILDTEATRE.COM X 2017 CA PERFORMING ARTS FACILITY IN THE SAN FRANCISCO BAY AREA'S PENINSULA REGION 3 2 3 2 0 0 1334280 5917562 0 0 288012 8274 0 0 1622292 5925836 0 0 0 0 448647 549982 0 0 65399 208625 367124 657272 917106 965020 5008730 36468745 43881441 1387665 3791631 35081080 40089810 BROADEN CULTURAL AND ARTISTIC OFFERINGS IN THE SAN FRANCISCO BAY AREA'S PENINSULA REGION AND ENABLE COMMUNITY-PROGRAMMED EVENTS THROUGH THE OPERATION OF A PERFORMING ARTS FACILITY. 0 0 609632 PENINSULA ARTS GUILD (THE GUILD) WILL OPERATE A PERFORMING ARTS FACILITY WHERE IT WILL ORGANIZE AND HOST A WIDE ARRAY OF CULTURAL PROGRAMMING ACCESSIBLE BY ALL MEMBERS OF THE GENERAL PUBLIC, PROVIDE EDUCATIONAL OPPORTUNITIES FOR PEOPLE OF ALL AGES, AND OFFER HIGH QUALITY PERFORMANCE SPACE TO CREATIVE ARTISTS, MUSICIANS, PLAYWRIGHTS, AUTHORS, FILMMAKERS, DANCERS, COMICS, TEACHERS AND SCHOLARS. DURING THE YEAR ENDED DECEMBER 31, 2021, THE GUILD CONTINUED CONSTRUCTION OF THE FACILITY AND BEGAN BOOKING EVENTS. 609632 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 12 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 CA X APERCEN PARTNERS LLC 6508047100 314 LYTTON AVE PALO ALTO CA 94301 ANDREW DUNLEVIE PRESIDENT/DIRECTOR 40.00 X X 175000 0 38930 PETER L BRIGER JR TREASURER/DIRECTOR 2.00 X X 0 0 0 THOMAS LAYTON SECRETARY/DIRECTOR 2.00 X X 0 0 0 THOMAS BAILEY GENERAL MANAGER 40.00 X 197303 0 13082 372303 0 52012 2 0 1 0 VANCE BROWN INC 3197 PARK BLVD PALO ALTO CA 94306 CONSTRUCTION 13475795 CAW ARCHITECTS INC 455 LAMBERT AVE PALO ALTO CA 94306 CONSTRUCTION 224582 2 5917562 5917562 8274 8274 5925836 0 0 8274 X 428292 321219 53130 53943 83611 79430 4181 4198 3988 210 33881 26840 3382 3659 8604 3409 5195 23100 23100 96817 94692 2125 44253 40225 4028 39416 11562 25640 2214 20578 20412 166 46179 46179 5341 3855 294 1192 2032 2032 76804 76804 ARTIST FEES 4000 4000 917106 609632 242075 65399 3058070 3524987 15699497 6707741 3436139 2894868 102933 158685 128982 30519320 2032 14113466 30517288 2888 4642 36468745 43881441 1387665 3688498 103133 1387665 3791631 X 35081080 40089810 35081080 40089810 36468745 43881441 5008730 0 X 0 1 X 1 0 X 4469871 28383812 1986793 1334280 5917562 42092318 4469871 28383812 1986793 1334280 5917562 42092318 4469871 4982372 1971932 1031027 3561616 16016818 0 4469871 4982372 1971932 1031027 3561616 16016818 26075500 348004 137155 185190 8274 678623 348004 137155 185190 8274 678623 4469871 28731816 2123948 1519470 5925836 42770941 X SCHEDULE A, PART III - EXPLANATION FOR SHORT YEAR THE 2017 TAX YEAR WAS A SHORT YEAR COVERING THE PERIOD OCTOBER 12, 2017 THROUGH SEPTEMBER 30, 2018, DUE TO THAT BEING THE ORGANIZATION'S FIRST YEAR IN EXISTENCE. THE 2019 TAX YEAR WAS A SHORT YEAR COVERING THE PERIOD OCTOBER 1, 2019 THROUGH DECEMBER 31, 2019, DUE TO A CHANGE IN THE ORGANIZATION'S YEAR END. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 63635 2032 61603 30455685 30455685 30517288 X 6184254 258418 258418 5925836 0 5925836 1175524 258418 258418 917106 0 917106 PART X, LINE 2: FIN 48 (ASC 740) UNCERTAIN TAX POSITIONS FINANCIAL STATEMENTS FOOTNOTE: THE ORGANIZATION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO INCOME TAX MATTERS IN OTHER EXPENSES. THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2021 OR 2020. X X X 0 0 0 0 0 0 0 0 0 ANDREW DUNLEVIE PRESIDENT/DIRECTOR 175000 0 0 0 0 0 0 0 38930 0 213930 0 0 0 THOMAS BAILEY GENERAL MANAGER 197303 0 0 0 0 0 0 0 13082 0 210385 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AUTHORIZED AGENTS OF THE ORGANIZATION AND REVIEWED BY THE BOARD OF DIRECTORS BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS, OR MEMBERS OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAVE A DIRECT OR INDIRECT FINANCIAL INTEREST. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER A POTENTIAL CONFLICT HAS BEEN DISCLOSED, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE BOARD OR COMMITTEE DETERMINES THAT A COVERED PERSON HAS A FINANCIAL INTEREST, THEN IT WILL BE INVESTIGATED AND DETERMINED BY A MAJORITY VOTE OF THE DISINTERESTED BOARD MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 IN SETTING COMPENSATION FOR THE PRESIDENT AND GENERAL MANAGER, THE BOARD FOLLOWED THE PROCEDURES SET FORTH IN THE INTERNAL REVENUE CODE AND TREASURY REGULATIONS SECTION 53.4958 TO ESTABLISH A REBUTTABLE PRESUMPTION THAT THE TOTAL COMPENSATION OFFERED TO THE CHIEF EXECUTIVE IS FAIR, REASONABLE, AND NOT EXCESSIVE. PRIOR TO APPROVING THE COMPENSATION ARRANGEMENT, AN INDEPENDENT BODY OF DIRECTORS WAS FORMED TO CONDUCT A COMPARABILITY REVIEW OF THE PROPOSED COMPENSATION. THIS INDEPENDENT BODY DID NOT INCLUDE THE PRESIDENT OR ANY DIRECTORS HAVING A CONFLICT OF INTEREST WITH RESPECT TO THE PROPOSED TRANSACTION. THE INDEPENDENT DIRECTORS OBTAINED DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. SUCH COMPARABLE COMPENSATION DATA WAS OBTAINED FROM PUBLICLY AVAILABLE IRS FORMS 990 AND OTHER SOURCES. THE INDEPENDENT DIRECTORS HAVE DETERMINED AN ANNUAL SALARY THAT IS FAIR, REASONABLE, AND NOT EXCESSIVE IN COMPARISON TO SALARIES OF SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST WHEN REQUIRED BY FEDERAL AND STATE LAW. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 94,692. MANAGEMENT AND GENERAL EXPENSES 2,125. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 96,817.