2025-07-14T13:36:12-05:00 2024-08-31 331498605 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2023-09-01 510149370 STEPPENWOLF THEATRE COMPANY STEP 3126545642 1700 N HALSTED STREET CHICAGO IL 60614 CAROLE L BROWN TRUSTEE 3126545642 2025-07-09 1 1 LU ANN TRAPP P01506476 3122071040 2025-07-09 2023 2025-03-06 01:10:19Z KEATING CROWN 1700 N HALSTED STREET CHICAGO IL 60614 37416906 0 X WWW.STEPPENWOLF.ORG X 1975 IL STEPPENWOLF IS AMERICA'S LEADING ENSEMBLE THEATER AND ARTS EDUCATION CENTER. 52 46 392 300 114836 0 6619452 16557664 4095996 7023939 1283071 1587095 211884 383938 12210403 25552636 0 0 0 0 12168536 10811327 101651 67829 2001047 9988003 9738536 22258190 20617692 -10047787 4934944 112942728 111439122 55786148 48213299 57156580 63225823 X STEPPENWOLF THEATRE COMPANY STRIVES TO CREATE THRILLING, COURAGEOUS, AND PROVOCATIVE ART IN A THOUGHTFUL AND INCLUSIVE ENVIRONMENT. WE SUCCEED WHEN WE DISRUPT YOUR ROUTINE WITH EXPERIENCES THAT SPARK CURIOSITY, EMPATHY AND JOY. WE INVITE YOU TO JOIN OUR ENSEMBLE AS WE NAVIGATE, TOGETHER, OUR COMPLEX WORLD. 0 0 14402468 0 7363921 IN SUPPORT OF OUR CORE ARTISTIC TENETS, WE SEEK TO 1) SERVE AS AN ARTISTIC HOME FOR OUR ENSEMBLE AND A LAUNCHING PAD FOR BOLD, NEW WORK; 2) AMPLIFY THE VOICES OF CHICAGO TEENS AND CULTIVATE FUTURE GENERATIONS OF ARTISTS AND ENTHUSIASTS; AND 3) PROVIDE A COLLABORATIVE SPACE FOR INDEPENDENT ARTISTS AND COMPANIES TO PROMOTE A STRONGER, SUSTAINABLE, AND VIBRANT ARTS COMMUNITY.STEPPENWOLF PRODUCES HUNDREDS OF PERFORMANCES AND EVENTS IN ITS THREE SPACES: THE 500-SEAT DOWNSTAIRS THEATER; THE 400-SEAT ENSEMBLE THEATER; AND THE 80-SEAT 1700 THEATER. ARTISTIC PROGRAMMING INCLUDES A MAIN STAGE SEASON OF NEW WORK AND REIMAGINED PLAYS; A TWO-PLAY STEPPENWOLF FOR YOUNG ADULTS SEASON; AND LOOKOUT, A MULTI-GENRE PERFORMANCE SERIES THAT GIVES A PLATFORM TO LOCAL EMERGING ARTISTS, QUINTESSENTIAL CHICAGO COMPANIES, AND YOUNG ASPIRING ENSEMBLES.IN FISCAL YEAR 2024, THE POST-PANDEMIC RECOVERY STRATEGIC PLANNING PROCESS LAUNCHED IN EARNEST AT STEPPENWOLF. THIS INCLUDED A REDUCTION IN FORCE AND TUNING OF PROGRAMMATIC SCOPE FOR THE INSTITUTION THAT REDUCED OVERALL EXPENSES YEAR OVER YEAR. THIS EFFORT ALSO PUT AN EMPHASIS ON EVOLVED PROGRAMING, INCREASED AUDIENCE ENGAGEMENT AND NEW STRATEGIES FOR EARNED REVENUE. OVER THE COURSE OF THE SEASON, SIX PLAYS WERE PRODUCED ALONGSIDE LIMITED ENGAGEMENTS THAT RESULTED IN 425 PERFORMANCES. TOTAL ATTENDANCE NUMBERS REACHED 143,375 ACROSS THE COURSE OF THE SEASON. MARKETING STRATEGIES SHIFTED FROM PACKAGED SALES (SUBSCRIPTIONS) TO SINGLE TICKET ACQUISITION. AS A RESULT OF PROGRAMMING AND STRATEGY, TOTAL ATTENDANCE INCREASED 44% OVER FISCAL YEAR 2023. SINGLE TICKET REVENUES WERE UP BY $2.2 MILLION OVER THE PREVIOUS SEASON PRIMARILY BECAUSE OF THREE PLAYS THAT HAD EXTRAORDINARILY SUCCESSFUL RUNS. PROGRAMMING IN THE EDUCATION AND ENGAGEMENT AREA REACHED MORE THAN 15,000 TEENS, EDUCATORS AND COMMUNITY MEMBERS ACROSS CHICAGO'S 77 NEIGHBORHOODS. TWO PROFESSIONAL PRODUCTIONS ANCHORED THIS WORK THROUGH LIVE PERFORMANCES OFFERED AS FIELD TRIPS AS WELL AS WRAPAROUND CURRICULUM DEVELOPED FOR SCHOOLS. THE YOUNG ADULT COUNCIL, COMPRISED OF 30 PASSIONATE HIGH SCHOOL AGED TEENS WITH AN INTEREST IN THEATER, REPRESENTED SCHOOLS AND NEIGHBORHOODS ACROSS CHICAGO AS THEY ADVISED ON TEEN PROGRAM AND CURRICULUM DEVELOPMENT FOR THE SEASON. THE SUITE OF EDUCATION PROGRAMS, IN SCHOOLS AND ACROSS OUR ARTISTIC CAMPUS, WERE ROOTED IN AN ETHOS OF ACCESSIBILITY AND BARRIER-FREE PROGRAMMING. BEYOND PARTNERSHIP WITH TEENS AND SCHOOLS, STEPPENWOLF INVESTED IN MEANINGFUL RELATIONSHIPS WITH COMMUNITY ORGANIZATIONS AND ENSURED THAT THE PRINCIPALS THAT GUIDE OUR WORK BOTH ALIGN WITH AND PROVIDE ADDED VALUE TO OUR PARTNERS. WE COLLABORATED WITH MYRIAD PARTNERS ACROSS THE LITERACY SPACE, COMMUNITY DEVELOPMENT, SOCIAL SERVICES, LIBRARIES AND PARK DISTRICTS OF CHICAGO. STEPPENWOLF'S MULTI-GENRE PERFORMANCE SERIES, LOOKOUT, PRESENTED THE WORK OF A WIDE VARIETY OF CHICAGO-BASED INDEPENDENT ARTISTS AND COMPANIES ON A YEAR-ROUND BASIS. LOOKOUT PRODUCED APPROXIMATELY 200 PERFORMANCES OF 60 WORKS, FEATURING 500 ARTISTS. TO SUPPORT THE STRATEGIC PLAN, STEPPENWOLF LAUNCHED A FUNDRAISING CAMPAIGN AT THE CONCLUSION OF THE 2024 FISCAL YEAR. THE $35 MILLION GOAL IS TWO-FOLD: TO GENERATE FUNDS TO SAFEGUARD THE THEATER'S MISSION-DRIVEN WORK ON STAGE AND IN COMMUNITY, AND TO PAY DOWN THE EXISTING DEBT ASSOCIATED WITH THE CAMPUS EXPANSION PROJECT THAT ADDED A NEW PERFORMANCE VENUE (THE COMPANY NOW OPERATES A THREE THEATER CAMPUS) AND WORKSHOP SPACES TO SUPPORT EDUCATION AND ENGAGEMENT PROGRAMMING. 14402468 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 154 0 1 392 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 52 46 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X MARIA NONDORF 3126545642 1700 N HALSTED STREET CHICAGO IL 60614 X AUDREY FRANCIS CO-ARTISTIC DIRECTOR 40.00 1.00 X X 251972 0 33698 GLENN DAVIS CO-ARTISTIC DIRECTOR 40.00 1.00 X X 249610 0 9020 KAREN RODRIGUEZ TRUSTEE 5.00 0.00 X 28271 0 0 SANDRA MARQUEZ TRUSTEE 5.00 0.00 X 19142 0 0 YASEN PEYANKOV TRUSTEE 5.00 0.00 X 16044 0 0 VERETT MIMS TRUSTEE 5.00 0.00 X 1000 0 0 KEATING CROWN PRESIDENT 5.00 0.00 X X 0 0 0 CHRISTOPHER M MURPHY SECRETARY 5.00 0.00 X X 0 0 0 CAROLE L BROWN TREASURER 5.00 0.00 X X 0 0 0 STEPHANIE B SMITH VICE CHAIR 5.00 0.00 X X 0 0 0 AIMEE GRAHAM TRUSTEE 5.00 0.00 X 0 0 0 AMY BLUHM TRUSTEE 5.00 0.00 X 0 0 0 AMY ESHLEMAN TRUSTEE 5.00 0.00 X 0 0 0 ANNE M PHILLIPS TRUSTEE 5.00 0.00 X 0 0 0 ASHEESH GOEL TRUSTEE 5.00 0.00 X 0 0 0 BETH BOOSALIS DAVIS TRUSTEE 5.00 0.00 X 0 0 0 BRENDA ROBINSON TRUSTEE 5.00 0.00 X 0 0 0 BRUCE SAGAN TRUSTEE 5.00 0.00 X 0 0 0 BRYCE COOPER TRUSTEE 5.00 0.00 X 0 0 0 BRYAN TRAUBERT TRUSTEE 5.00 0.00 X 0 0 0 CARI B SACKS TRUSTEE 5.00 0.00 X 0 0 0 CHANEL W CONEY TRUSTEE 5.00 0.00 X 0 0 0 CHRIS KEOGH TRUSTEE 5.00 0.00 X 0 0 0 COLETTE CACHEY SMITHBURG TRUSTEE 5.00 0.00 X 0 0 0 D CAMERON FINDLAY TRUSTEE 5.00 0.00 X 0 0 0 DAVID BLOWERS JR TRUSTEE 5.00 0.00 X 0 0 0 DAVID E MENDELSOHN TRUSTEE 5.00 0.00 X 0 0 0 DEBORAH QUAZZO TRUSTEE 5.00 0.00 X 0 0 0 DENNIS CHOOKASZIAN TRUSTEE 5.00 0.00 X 0 0 0 DENNIS D HOWARTER TRUSTEE 5.00 0.00 X 0 0 0 DOUGLAS R BROWN TRUSTEE 5.00 0.00 X 0 0 0 ELIZABETH INGRAM TRUSTEE - PART YEAR 5.00 0.00 X 0 0 0 ELLIOT A STULTZ TRUSTEE 5.00 0.00 X 0 0 0 HELEN ZELL TRUSTEE 5.00 0.00 X 0 0 0 JEFF JOZWIAK TRUSTEE 5.00 0.00 X 0 0 0 JON MICHAEL HILL TRUSTEE 5.00 0.00 X 0 0 0 L HEATHER MITCHELL TRUSTEE 5.00 0.00 X 0 0 0 LIZ KRAMER LEFKOFSKY TRUSTEE 5.00 0.00 X 0 0 0 LYNN LOCKWOOD MURPHY TRUSTEE 5.00 0.00 X 0 0 0 MATTHEW SHAPIRO TRUSTEE 5.00 0.00 X 0 0 0 MEREDITH BLUHM-WOLF TRUSTEE - PART YEAR 5.00 0.00 X 0 0 0 MICHAEL BRENNAN TRUSTEE 5.00 0.00 X 0 0 0 MICHAEL W BENDER TRUSTEE 5.00 0.00 X 0 0 0 NORA DALEY TRUSTEE 5.00 0.00 X 0 0 0 PAUL GOODRICH TRUSTEE 5.00 0.00 X 0 0 0 RACQUEL HARRIS TRUSTEE 5.00 0.00 X 0 0 0 REBECCA L JOHNSTON TRUSTEE 5.00 0.00 X 0 0 0 RICH FEITLER TRUSTEE 5.00 0.00 X 0 0 0 RITU DHINGRA TRUSTEE 5.00 0.00 X 0 0 0 ROBERT J GREENBAUM JR TRUSTEE - PART YEAR 5.00 0.00 X 0 0 0 ROBERT S RIVKIN TRUSTEE 5.00 0.00 X 0 0 0 RONALD J MALLICOAT JR TRUSTEE 5.00 0.00 X 0 0 0 SUSAN O BERGHOEF TRUSTEE 5.00 0.00 X 0 0 0 SUSAN STONE TRUSTEE 5.00 0.00 X 0 0 0 TARELL ALVIN MCCRANEY TRUSTEE 5.00 0.00 X 0 0 0 ELIZABETH BROOKE FLANAGAN EXECUTIVE DIRECTOR 40.00 1.00 X 319070 0 49045 ERIC EVENSKAAS DIRECTOR OF DEVELOPMENT 40.00 0.00 X 161156 0 31023 THOMAS PEARL PRODUCING DIRECTOR 40.00 0.00 X 125999 0 19397 MARIA NONDORF DIRECTOR OF FINANCE 40.00 0.00 X 116994 0 12554 PENNYMARIA JACKSON DIRECTOR OF MARKETING & COMMUNICATIONS 40.00 0.00 X 117122 0 8665 JENNIFER HOYT DIRECTOR OF SPECIAL PROJECTS 40.00 0.00 X 106747 0 12212 1513127 0 175614 8 0 1 0 D&B GRAPHICS 1308 SHEFFIELD COURT CAROL STREAM IL 60188 PRINTING 303077 MIDWAY BUILDING SERVICES 6655 N AVONDALE CHICAGO IL 60631 CLEANING SERVICES 246393 CAPACITY INTERACTIVE PO BOX 50019 NEWARK NJ 07101 WEBSITE MAINTENANCE 192775 LS CONTRACTING GROUP INC 5660 N ELSTON AVE CHICAGO IL 60646 GENERAL CONTRACTOR 188429 TESSITURA NETWORK INC 11700 PRESTON RD DALLAS TX 75230 NETWORK SERVICES 158678 6 1465874 335000 14756790 422804 16557664 SUBSCRIPTION REVENUE 711110 5221709 5221709 TICKET REVENUE 711110 911947 911947 TICKET HANDLING INCOME 711110 622872 622872 PARKING INCOME 711110 152468 152468 COSTUME SALES 711110 50503 50503 64440 64440 7023939 1132783 1132783 166 166 216150 0 216150 216150 216150 11493008 69808 11108504 0 384504 69808 454312 454312 186308 1465874 473504 -287196 -287196 737080 282262 454818 390485 64333 25552636 7363921 114836 1516215 1110099 579521 360899 169679 7685053 5308331 1399951 976771 362776 291473 58422 12881 839989 543908 234106 61975 813410 491177 266958 55275 168400 148250 20150 84423 84423 67829 67829 61387 61387 159962 51824 82893 25245 874817 874817 88066 23041 16299 48726 410795 143778 164318 102699 395021 395021 1088251 500596 500595 87060 508799 453784 34470 20545 6843 1320 5523 1525517 1189903 244083 91531 2701151 2227104 334853 139194 192629 116288 62861 13480 DESIGN AND PRODUCTION F 539723 539723 PRODUCTION MATERIALS 352804 352804 BANK FEES 281340 219446 45014 16880 REPAIRS & MAINTENANCE 103733 30394 60774 12565 194875 68215 48098 78562 20617692 14402468 4214177 2001047 21525785 4260042 5516108 12419436 25129 5623 556595 680982 85436506 24306410 63310167 61130096 19486184 31538712 2522760 1404231 112942728 111439122 734551 1116613 1772565 2121907 48587832 40272451 4691200 4702328 55786148 48213299 X 44988590 41165712 12167990 22060111 57156580 63225823 112942728 111439122 X 4934944 2252828 -1118529 X X 0 1 X 1 0 X 7822318 9041423 23639145 6619452 16557664 63680002 7822318 9041423 23639145 6619452 16557664 63680002 7311465 56368537 1167003 540938 833587 1263875 1349099 5154502 5101 87138 92239 68926743 21646970 0.81780 0.88640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14423871 2140313 660681 15903503 15257797 929274 1763200 14423871 18180927 -2485130 438000 15257797 16034426 2759791 613290 18180927 16494527 149454 609555 16034426 0.22000 0.67000 0.11000 1 0 3807604 3807604 71429178 17325072 54104106 9849331 6981338 2867993 350393 350393 61130096 DUE TO AFFILIATE 4702328 4702328 27475621 2252828 94307 -362763 1984372 25491249 61387 61387 25552636 21489107 94307 838495 932802 20556305 61387 61387 20617692 PART V, LINE 4: THE THEATRE USES ENDOWMENT FUNDS ON AN ANNUAL BASIS AS PERMITTED BY LAW AND POLICY FOR PROGRAMMING AND ARTISTIC INITIATIVES THAT FULFILL THE MISSION OF THE ORGANIZATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS -1,118,529. COST OF GOODS SOLD 282,262. FUNDRAISING EXPENSES 473,504. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 282,262. CONSOLIDATED STATEMENTS - EXPENSES OF AFFILIATED ORGANIZATIONS 82,729. FUNDRAISING EXPENSES 473,504. X X X X X X X 1 SD&A TELESERVICES INC 5757 W CENTURY BLVD 300 LOS ANGELES CA 90045 TELEFUNDING 0 49423 67829 -18406 CAMPBELL AND COMPANY 1 E WACKER DR 2100 CHICAGO IL 60601 CONSULTING 0 0 53433 -53433 49423 121262 -71839 IL GALA 1652182 1465874 186308 50031 423473 0 1652182 1465874 186308 50031 423473 473504 -287196 X X X X 0 0 0 0 0 0 0 0 0 ELIZABETH BROOKE FLANAGAN EXECUTIVE DIRECTOR 319070 0 0 0 0 0 34971 0 14074 0 368115 0 0 0 AUDREY FRANCIS CO-ARTISTIC DIRECTOR 251972 0 0 0 0 0 18012 0 15686 0 285670 0 0 0 GLENN DAVIS CO-ARTISTIC DIRECTOR 249610 0 0 0 0 0 1188 0 7832 0 258630 0 0 0 ERIC EVENSKAAS DIRECTOR OF DEVELOPMENT 161156 0 0 0 0 0 22500 0 8523 0 192179 0 0 0 A ILLINOIS FINANCE AUTHORITY 861091967 S99992590 2013-02-28 17000000 TO REPAY EXISTING TAXABLE AND TAX EXEMPT DEBT AND TO RENNOVATE PROPERTY 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45204EU30 2019-02-26 36000000 FOR CONSTRUCTION AND RENOVATION OF A BUILDING 0 0 0 A 4185000 16974044 265282 17098 2128394 1496732 2013 1 0 1 1 B 8000000 35953200 1870226 382817 51137 32102669 1546351 2022 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 1 1 0.14000 1 0 B 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 A 0 0 0 1 1 0 0 0 0 B 1 1 0 0 0 0 A 0 B 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: ILLINOIS FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/26/2024 SCHEDULE K, PART II, LINE 3: THE PROCEEDS ARE NET OF THE UNDERWRITER'S DISCOUNT. $6,259,147.69 OF PROCEEDS WERE APPLIED TO PAYMENT OF THE TAXABLE 2012 LOAN. $556,643.03 OF PROCEEDS WERE APPLIED TO PAYMENT OF THE 2011 TAXABLE LOAN. SCHEDULE K, PART II, LINE 3: THE PROCEEDS ARE NET OF THE UNDERWRITER'S DISCOUNT. X 12 151139 CASH PROCEEDS X AIRFARE 1 199624 COST X MISCELLANEOUS 2 72041 COST 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. PART I, LINE 32B: SECURITIES ARE DONATED THROUGH A BROKERAGE FIRM AND SOLD IMMEDIATELY. FORM 990, PART VI, SECTION A, LINE 2 MEREDITH BLUHM-WOLF AND AMY BLUHM HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990. THE AUDIT COMMITTEE IS THE COMMITTEE OF THE GOVERNING BODY WHICH IS DESIGNATED TO REVIEW THE FORM 990. THE RETURN IS DISTRIBUTED VIA E-MAIL TO THE ENTIRE GOVERNING BODY PRIOR TO FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF TRUSTEES ARE ASKED TO SIGN A CONFLICT OF INTEREST STATEMENT EITHER INDICATING THAT THEY HAVE NO CONFLICTS OF INTEREST AS DEFINED IN THE POLICY OR TO LIST EXCEPTIONS WHEN THEY DO HAVE CONFLICTS OF INTEREST. MANAGEMENT DISTRIBUTES THE POLICY TO THE BOARD OF TRUSTEES ANNUALLY. THE SIGNED POLICIES ARE COLLECTED AND KEPT ON FILE. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF TOP MANAGEMENT IS MANAGED BY THE BOARD CHAIR THROUGH THE EXECUTIVE COMMITTEE. THEY REVIEW PUBLISHED COMPENSATION OF COMPARABLE POSITIONS WITHIN THE CITY AND INDUSTRY. COMPENSATION IS ALSO BASED ON THE ORGANIZATIONAL BUDGET, INDIVIDUAL QUALIFICATIONS, AND INDUSTRY STANDARDS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART VII, SECTION A: THE FOLLOWING BOARD MEMBERS RECEIVED COMPENSATION FOR ART SERVICES AND NOT FOR BOARD DUTIES. THE COMPENSATION IS REPORTED ON PART VII. KAREN RODRIGUEZ - $28,271 SANDRA MARQUEZ - $19,142 YASEN PEYANKOV - $16,044 VERETT MIMS - $1,000 FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -1,118,529. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. STEPPENWOLF FOUNDATION I 1700 N HALSTED ST CHICAGO IL 60614 364041811 TO SUPPORT THE STEPPENWOLF THEATRE COMPANY'S THEATRE PROGRAMS IL 501(C)(3) LINE 12A, I STEPPENWOLF THEATRE COMPANY 1 STEPPENWOLF FOUNDATION II 1700 N HALSTED ST CHICAGO IL 60614 364041812 TO SUPPORT THE STEPPENWOLF THEATRE COMPANY'S THEATRE PROGRAMS IL 501(C)(3) LINE 12A, I STEPPENWOLF THEATRE COMPANY 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 STEPPENWOLF FOUNDATION I E 40815000 LOAN DOCUMENT STEPPENWOLF FOUNDATION II E 40815000 LOAN DOCUMENT PART V, LINE 1E: STEPPENWOLF THEATRE COMPANY REFINANCED EXISTING DEBT AND SECURED ADDITIONAL DEBT FOR THE RENOVATION OF 1700 N. HALSTED. STEPPENWOLF THEATRE COMPANY, STEPPENWOLF FOUNDATION I AND STEPPENWOLF FOUNDATION II ARE ALL LISTED ON THE LOAN DOCUMENTS.