2021-05-11T06:29:34-05:00 2020-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2019-07-01 136216919 THEATRE DEVELOPMENT FUND INC THEA 2129129770 520 EIGHTH AVENUE NO 801 NEW YORK NY 10018 VICTORIA BAILEY EXECUTIVE DIRECTOR 2129129770 2021-05-07 1 FREDERICK MARTENS P00298107 2126972299 2019 2022-09-23 18:48:47Z VICTORIA BAILEY 520 EIGHTH AVENUE NO 801 NEW YORK NY 10018 15765238 0 X WWW.TDF.ORG X 1967 NY THEATRE DEVELOPMENT FUND IS A PERFORMING ARTS SERVICE ORGANIZATION DEVOTED TO ADVANCING LIVE THEATRE AND DANCE BY BUILDING AUDIENCES. TDF ENVISIONS A WORLD WHERE THE TRANSFORMATIVE EXPERIENCE OF ATTENDING LIVE THEATRE AND DANCE IS ESSENTIAL,RELEVANT, ACCESSIBLE AND INSPIRATIONAL. TDF MAKES TICKETS AFFORDABLE AND ACCESSIBLE TO DIVERSE AUDIENCES, INCLUDING NEW YORK CITY PUBLIC SCHOOL CHILDREN, PEOPLE WITH DISABILITIES, AND INDIVIDUALS WHO ARE NOT ABLE TO AFFORD FULL-PRICE TICKETS.THROUGH OUR PROGRAMS WE BRING THEATRE INTO THE LIVES OF 2,000,000 PEOPLE PER YEAR. TDF COMMUNITY ENGAGEMENT PROGRAMS WORK TO STRENGTHEN LOCAL AUDIENCES FROM EVERY BOROUGH AND NEIGHBORHOOD IN NEW YORK CITY,CURRENTLY WORKING WITH 55 CENTERS OR AGENCIES.THE COSTUME COLLECTION RENTS COSTUMES AT INEXPENSIVE RATES TO NOT-FOR-PROFIT ORGANIZATIONS.THE WEBSITE IS A WIDE-RANGING SOURCE OF INFORMATION ABOUT THE THEATRE, DESIGNED TO STIMULATE AND ENCOURAGE THEATRE ATTENDANCE BY BOTH EXPERIENCED AND NOVICE THEATREGOERS. 26 25 258 26 0 -250 2933464 3278848 14410605 10575181 1543852 266853 1210236 966245 20098157 15087127 103500 43500 0 0 11080435 9583723 0 0 1383264 7366654 7291099 18550589 16918322 1547568 -1831195 11466282 10590024 4243327 5988481 7222955 4601543 X THEATRE DEVELOPMENT FUND, INC. ("TDF"), A NOT-FOR-PROFIT ORGANIZATION, FOUNDED IN 1967 TO PROMOTE THE PERFORMING ARTS, IS A BROADLY-ORIENTED SERVICE AND ADVOCACY ORGANIZATION DEDICATED TO BRINGING THE POWER OF THE PERFORMING ARTS TO EVERYONE. TDF'S ACTIVITIES FALL INTO THREE AREAS. TDF EXPANDS ACCESS, MAKING THE PERFORMING ARTS ACCESSIBLE TO ALL BY REMOVING CULTURAL, PHYSICAL AND FINANCIAL BARRIERS. TDF CULTIVATES COMMUNITIES OF THEATERGOERS, BY ENGAGING, EDUCATING AND ENCOURAGING PEOPLE TO MAKE THE PERFORMING ARTS AN ESSENTIAL PART OF THEIR LIVES. TDF SUPPORTS THEATRE MAKERS AND SUSTAINS CREATORS AND ADVANCES THE INDUSTRY THROUGH CONVENINGS, RESEARCH, AND THE TDF COSTUME COLLECTION. THROUGH ITS PROGRAMS, TDF BRINGS THEATRE INTO THE LIVES OF OVER 2,000,000 PEOPLE PER YEAR. TDF'S EFFORTS ARE PRIMARILY FOCUSED IN NEW YORK, BUT IT HAS ALSO BEEN INVOLVED IN AUDIENCE DEVELOPMENT EFFORTS FOR THE PERFORMING ARTS ACROSS THE UNITED STATES AND, ON A LIMITED BASIS, INTERNATIONALLY. 0 0 3869817 3362961 TKTS BY TDFTHE TKTS TICKET BOOTHS SUPPORT TDF'S MISSION OF ENCOURAGING AND ENABLING DIVERSE AUDIENCES TO ATTEND THEATRE AND DANCE. THE TKTSBOOTHS, STARTING IN 1973 WITH ONE AND AT JUNE 30, 2020 NUMBERING THREE,SELL APPROXIMATELY 700,000 SAME-DAY DISCOUNTED TICKETS ANNUALLY TO BROADWAY AND OFF-BROADWAY THEATRE AND DANCE PERFORMANCES. TKTS ENABLES THEATREGOERS WHO CAN'T AFFORD FULL PRICE TICKETS TO ATTEND THEATRE,WHICH IN TURN INCREASES ATTENDANCE SIGNIFICANTLY.MANY SERVICES, INCLUDING THEATRE TICKET SALES, HAVE BEEN SIGNIFICANTLY CURTAILED DUE TO COVID-19, AND TDF STAFF MEMBERS HAVE FOUND INNOVATIVE WAYS TO REMOTELY ENGAGE IN PROGRAMMING THAT FORMERLY TOOK PLACE IN PERSON. TDF INTENDS TO RETURN TO ITS USUAL VOLUME AND STYLE OF OPERATIONS WHEN THE PANDEMIC RELATED RESTRICTIONS ARE EASED. 2994154 6137684 TDF MEMBERSHIP PROGRAMTHE MEMBERSHIP PROGRAM ALSO SUPPORTS TDF'S MISSION OF ENCOURAGING AND ENABLING DIVERSE AUDIENCES TO ATTEND THEATRE AND DANCE. ANNUALLY TDF MAKES POSSIBLE THE SALE OF APPROXIMATELY 440,000 DEEPLY-DISCOUNTED TICKETS TO BROADWAY, OFF-BROADWAY, AND OFF-OFF BROADWAY THEATRE AND DANCE PERFORMANCES TO OVER 115,000 TDF MEMBERS, WHO QUALIFY FOR MEMBERSHIP BY CERTIFYING THAT THEY BELONG TO ONE OF THIRTEEN CATEGORIES MAKING THEM ELIGIBLE FOR DISCOUNTED TICKETS.MANY SERVICES, INCLUDING MEMBERSHIP PROGRAM TICKET DISTRIBUTION, HAVE BEEN SIGNIFICANTLY CURTAILED DUE TO COVID-19, AND TDF STAFF MEMBERS HAVE FOUND INNOVATIVE WAYS TO REMOTELY ENGAGE IN PROGRAMMING THAT FORMERLY TOOK PLACE IN PERSON. TDF INTENDS TO RETURN TO ITS USUAL VOLUME AND STYLE OF OPERATIONS WHEN THE PANDEMIC RELATED RESTRICTIONS ARE EASED. 2259353 35000 TDF SCHOOLS AND COMMUNITY ENGAGEMENTTHE EDUCATION PROGRAM BUILDS AUDIENCES FOR THE THEATRE BY INTRODUCING YOUNG PEOPLE TO LIVE THEATRE AND PREPARING THEM TO ENGAGE AS AUDIENCES. APPROXIMATELY 11,000 NEW YORK CITY PUBLIC SCHOOL CHILDREN ARE BROUGHT TO THEATRE AND DANCE PERFORMANCES ANNUALLY AT NO COST TO THE SCHOOLS OR STUDENTS, AND IN ADDITION THESE YOUNG PEOPLE PARTICIPATE IN CLASSROOM WORKSHOPS, POST-PERFORMANCE DISCUSSIONS AND PLAYWRIGHTING WORKSHOPS DESIGNED TO ENHANCE AND CONTEXTUALIZE THEIR EXPERIENCE. TDF COMMUNITY ENGAGEMENT PROGRAMS WORK TO STRENGTHEN LOCAL AUDIENCES FROM EVERY BOROUGH AND NEIGHBORHOOD IN NEW YORK CITY, CURRENTLY WORKING WITH OVER 55 CENTERS OR AGENCIES.MANY SERVICES, INCLUDING TDF'S EDUCTATION PROGRAM, HAVE BEEN SIGNIFICANTLY CURTAILED DUE TO COVID-19, AND TDF STAFF MEMBERS HAVE FOUND INNOVATIVE WAYS TO REMOTELY ENGAGE IN PROGRAMMING THAT FORMERLY TOOK PLACE IN PERSON. TDF INTENDS TO RETURN TO ITS USUAL VOLUME AND STYLE OF OPERATIONS WHEN THE PANDEMIC RELATED RESTRICTIONS ARE EASED. 3971572 43500 1619111 TDF ACCESSIBILITY PROGRAMS, COSTUME COLLECTION, OUTREACH AND PUBLIC RELATIONS, AND AUDIENCE RESEARCH. 3971572 43500 1619111 13094896 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 49 0 1 258 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NY X OWEN WILES 2129129770 520 EIGHTH AVENUE NO 801 NEW YORK NY 10018 EARL D WEINER CHAIRPERSON 2.00 X X 0 0 0 SANDRA KRESCH VICE CHAIRPERSON 1.00 X X 0 0 0 GWEN MARCUS VICE CHAIRPERSON 1.00 X X 0 0 0 ROBERT T GOLDMAN TREASURER 1.00 X X 0 0 0 AMY CHIN SECRETARY 1.00 X X 0 0 0 VICTORIA BAILEY EXECUTIVE DIRECTOR 35.00 X X 274455 0 103119 CLOVER BERGMANN TRUSTEE 1.00 X 0 0 0 HOLLY COHEN TRUSTEE 1.00 X 0 0 0 SANDRA DANZIGER TRUSTEE 1.00 X 0 0 0 WENDY DAVIES TRUSTEE 1.00 X 0 0 0 SHARON DUNN TRUSTEE 1.00 X 0 0 0 TERRY FITZPATRICK TRUSTEE 1.00 X 0 0 0 BETTYE FLETCHER TRUSTEE 1.00 X 0 0 0 ROBERT FRIED TRUSTEE 1.00 X 0 0 0 JOSEPH GIRALDI TRUSTEE 1.00 X 0 0 0 MEG HERRMAN TRUSTEE 1.00 X 0 0 0 HOLLY HYNES TRUSTEE 1.00 X 0 0 0 JACQUELINE LICALZI TRUSTEE 1.00 X 0 0 0 HECTOR LOZADA TRUSTEE 1.00 X 0 0 0 BETSY MILLER TRUSTEE 1.00 X 0 0 0 PENNY PETERS TRUSTEE 1.00 X 0 0 0 RUTH SARFATY TRUSTEE 1.00 X 0 0 0 EILEEN SILVERS TRUSTEE 1.00 X 0 0 0 ARI TEPLITZ TRUSTEE 1.00 X 0 0 0 DONNA WILLIAMS TRUSTEE 1.00 X 0 0 0 DUDLEY WILLIAMS TRUSTEE 1.00 X 0 0 0 SANDRA WISHNICK TRUSTEE 1.00 X 0 0 0 MICHAEL NAUMANN MANAGING DIRECTOR 35.00 X 212139 0 40004 CHERYL WILLIAMS DIRECTOR OF FINANCE (TO DEC 2020) 35.00 X 179451 0 72876 OWEN WILES DIRECTOR OF FINANCE (AS OF APR 2020) 35.00 X 0 0 0 JULIAN CHRISTENBERRY DIRECTOR OF TICKETING DEPARTMENT 35.00 X 158105 0 68202 DAVID LESHAY DIRECTOR OF PUBLIC RELATIONS 35.00 X 140949 0 67721 DANIEL RENNER DIRECTOR OF EDUCATION 35.00 X 145409 0 20810 PHYLLIS TRITES DIRECTOR OF DEVELOPMENT 35.00 X 157820 0 19176 TYMAND STAGGS DIRECTOR OF TECHNOLOGY 35.00 X 140329 0 23475 1408657 0 415383 27 0 1 0 CURB GARDNER CREATIVE GROUP 1941 ORLEANS STREET - STE 621 DETROIT MI 48207 GALA PRODUCTION 266878 C2 CAPTION COALITION INC 474 48TH AVENUE 15J LONG ISLAND CITY NY 11109 OPEN CAPTIONING 154842 CENTURY DIRECT LLC 30-47TH AVENUE LONG ISLAND CITY NY 11101 POSTAGE AND MAILING 114086 PENN HOUSE CLEANERS 339 EIGHTH AVENUE NEW YORK NY 10001 COSTUME CLEANING 108564 TESSITURA NETWORK INC 11700 PRESTON ROAD STE 660 DALLAS TX 75230 TECHNOLOGY 101464 5 521490 2757358 40618 3278848 TKTS BY TDF 711110 3990159 3990159 MEMBERSHIP 711110 3440031 3440031 TICKET DISTRIBUTION 711110 1901737 1901737 HANDLING CHARGES 711110 813385 813385 PROGRAM FEES 711110 372867 372867 57002 57002 10575181 183700 183700 579575 0 579575 579575 579575 761264 678111 83153 83153 83153 OTHER EARNED REVENUE 900099 336670 336670 LICENSE FEES 900099 50000 50000 386670 15087127 11154756 0 653523 43500 43500 770401 433803 250478 86120 6518353 5179352 882118 456883 755478 580752 124432 50294 888809 696279 131401 61129 650682 501881 101133 47668 13362 13362 93885 93885 45000 45000 30791 30791 496277 240116 188895 67266 116549 87317 1754 27478 756464 550678 115249 90537 313726 244911 49264 19551 1199912 990662 171585 37665 84172 58870 17804 7498 426540 363326 41023 22191 139114 117210 19024 2880 TICKET PURCHASES 1580547 1579455 1092 CREDIT CARD FEES 629095 577422 24027 27646 LEAGUES' SPECIAL PROJEC 506949 481949 25000 OTHER 433511 222675 156705 54131 425205 144738 2232 278235 16918322 13094896 2440162 1383264 1439352 77253 579843 2219649 821468 561670 195831 390433 144581 184970 3775301 2258823 1943018 1516478 6342189 5639571 11466282 10590024 1531362 1117961 78394 67910 2043780 2633571 2758830 4243327 5988481 X 6102292 3740015 1120663 861528 7222955 4601543 11466282 10590024 X -1831195 -168797 -621420 X 0 1 X 1 0 X 5592846 5709446 6732242 7235299 6718879 31988712 10803348 10517586 9567926 11012354 7714725 49615939 16396194 16227032 16300168 18247653 14433604 81604651 75857 95796 108216 73280 283791 636940 0 75857 95796 108216 73280 283791 636940 80967711 125190 127325 163753 274195 183700 874163 125190 127325 163753 274195 183700 874163 200104 405458 901548 306652 386670 2200432 16721488 16759815 17365469 18828500 15003974 84679246 0.95620 0.96210 0.01030 0.00950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 45000 0 0 45000 0 PART II-B, LINE 1: THEATRE DEVELOPMENT FUND RETAINED THE SERVICES OF A FIRM TO PROVIDE GOVERNMENT RELATIONS COUNSEL AND RELATED WORK. 150000 75000 225000 50000 100000 150000 50000 50000 0.00000 1.00000 0.00000 0 0 2665071 1444806 1220265 232038 229833 2205 878192 584184 294008 1516478 ADVANCE TICKET REVENUE 253 ACCRUED PENSION EXPENSE 2083656 DEFERRED RENT 674921 2758830 14266119 -168797 -621420 -790217 15056336 30791 30791 15087127 16887531 0 16887531 30791 30791 16918322 PART V, LINE 4: AS PART OF ITS 50TH ANNIVERSARY, TDF LAUNCHED A CAMPAIGN TO FUND THE WENDY WASSERSTEIN PROJECT, A THEATRE EDUCATION MENTORING PROGRAM FOR NEW YORK CITY HIGH SCHOOL STUDENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: PENSION-RELATED CHANGES OTHER THAN PERIODIC PENSION COST -621,420. 1 PART I, LINE 2: FINAL REPORTS WHICH DETAIL ACTUAL REVENUE AND EXPENSES AND, WHERE RELEVANT, NUMBER OF ATTENDEES BENEFITTING FROM THE SERVICE FOR WHICH THE GRANT WAS TO BE USED ARE REQUIRED 4 WEEKS AFTER THE EVENT; RELEVANT PROGRAMS AND MARKETING MATERIAL ACCOMPANIES THE FINAL REPORT. X X X 0 0 0 0 0 0 0 0 0 VICTORIA BAILEY EXECUTIVE DIRECTOR 270190 0 0 0 4265 0 60549 0 42570 0 377574 0 0 0 MICHAEL NAUMANN MANAGING DIRECTOR 210070 0 0 0 2069 0 10136 0 29868 0 252143 0 0 0 CHERYL WILLIAMS DIRECTOR OF FINANCE (TO DEC 2020) 177508 0 0 0 1943 0 59024 0 13852 0 252327 0 0 0 JULIAN CHRISTENBERRY DIRECTOR OF TICKETING DEPARTMENT 155350 0 0 0 2755 0 19148 0 49054 0 226307 0 0 0 DAVID LESHAY DIRECTOR OF PUBLIC RELATIONS 139020 0 0 0 1929 0 51262 0 16459 0 208670 0 0 0 DANIEL RENNER DIRECTOR OF EDUCATION 145373 0 0 0 36 0 6681 0 14129 0 166219 0 0 0 PHYLLIS TRITES DIRECTOR OF DEVELOPMENT 153835 0 0 0 3985 0 6899 0 12277 0 176996 0 0 0 TYMAND STAGGS DIRECTOR OF TECHNOLOGY 139889 0 0 0 440 0 6617 0 16858 0 163804 0 0 0 X 9 37294 FMV X EVENT PRIZES 16 3324 FMV 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 8B: THE ORGANIZATION HAS AN EXECUTIVE COMMITTEE THAT CONSISTS OF OFFICERS AND CHAIRS OF COMMITTEES OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE DOES NOT HAVE SCHEDULED MEETINGS AND ACTS ON BEHALF OF THE BOARD ONLY WHEN NECESSARY AND APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE, AND THEN DISTRIBUTED TO ALL MEMBERS OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO ALL BOARD AND SENIOR STAFF MEMBERS, WHO MUST RETURN A SIGNED FORM INDICATING COMPLIANCE WITH THE POLICY. COMPLETED FORMS ARE REVIEWED BY MANAGEMENT, AND ANY TRANSACTIONS INVOLVING A POTENTIAL CONFLICT OF INTEREST ARE TO BE CONSIDERED BY THE AUDIT COMMITTEE AND HANDLED APPROPRIATELY. FORM 990, PART VI, SECTION B, LINE 15 THE COVERED OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION REFERENCED IN THIS SECTION ARE THE EXECUTIVE DIRECTOR, THE MANAGING DIRECTOR AND THE DIRECTOR OF FINANCE. WHENEVER THE COMPENSATION FOR ANY OF THESE POSITIONS IS PROPOSED TO BE INCREASED IN AN AMOUNT EXCEEDING THE APPROXIMATE AMOUNT OF THE ANNUAL INCREASE IN THE COST OF LIVING, THE DELIBERATION ON SUCH INCREASE INCLUDES A REVIEW BY THE FINANCE COMMITTEE CHAIR, WHO IS AN INDEPENDENT PERSON. THE COMPENSATION OF PERSONS IN COMPARABLE POSITIONS AS DERIVED FROM THE FORMS 990 OF OTHER ORGANIZATIONS OR OTHER AVAILABLE COMPENSATION SURVEYS IS INCLUDED IN THE REVIEW BY THE CHAIRPERSON. AFTER SUCH REVIEW, THE COMPENSATION INCREASE IS INCLUDED IN THE BUDGET PRESENTED TO AND APPROVED BY THE BOARD. NO SUCH INCREASE WAS PROPOSED OR APPROVED DURING THE FISCAL YEAR COVERED BY THIS FORM 990. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PENSION-RELATED CHANGES OTHER THAN PERIODIC PENSION COST -621,420.