2021-12-15T10:51:53-06:00 2021-06-30 620713250 KRAFTCPAS PLLC 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2020-07-01 581320590 TENNESSEE PERFORMING ARTS CENTER (TPAC) MANAGEMENT CORPORATION TENN 6157824000 505 DEADERICK STREET 3RD FLOOR NASHVILLE TN 37243 JENNIFER TURNER PRESIDENT & CEO 6157824000 2021-12-15 1 JENNIFER TURNER 999009999 FRANCES E LEAHY P00713593 6152427351 2021-12-14 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JENNIFER TURNER 505 DEADERICK STREET 3RD FLOOR NASHVILLE TN 37243 11839342 0 X WWW.TPAC.ORG X 1977 TN CREATE MEANINGFUL EXPERIENCES THROUGH PERFORMING ARTS; PROVIDE ARTS ENTERTAINMENT/EDUCATION TO TN 24 24 364 0 -210 0 3234989 11564387 21463417 102277 -956 -4999 2702924 77109 27400374 11738774 0 0 0 0 8192403 4715673 0 0 547186 19133465 2898375 27325868 7614048 74506 4124726 18241048 22129130 7715714 7475102 10525334 14654028 X TO PROVIDE FACILITIES, SERVICES, AND PROGRAMS OF THE HIGHEST QUALITY FOR THE GREATEST BENEFIT OF THE PEOPLE, INSTITUTIONS, AND COMMUNITIES OF THE STATE, AND TO TAKE A LEADERSHIP ROLE IN FOSTERING THE PERFORMING ARTS, ARTS EDUCATION, RESIDENT ART GROUPS AND OTHER ARTS ORGANIZATIONS. 0 0 3741450 170793 TPAC ENTERED INTO AN AGREEMENT WITH THE STATE OF TENNESSEE & THE TENNESSEE PERFORMING ARTS FOUNDATION IN 1978. THE INITIAL AGREEMENT ESTABLISHED TPAC PRINCIPALLY FOR THE PURPOSE OF PRESENTING QUALITY ARTS ENTERTAINMENT & EDUCATION TO TENNESSEE RESIDENTS THROUGH THE OPERATION OF THE TENNESSEE PERFORMING ARTS CENTER. TPAC HAS ADMINISTRATIVE CONTROL OVER THE OPERATIONS AND FUNCTIONS OF THE FOUR THEATERS LOCATED IN TWO BUILDINGS IN DOWNTOWN NASHVILLE. IN ADDITION TO ITS ROLE WITH THE STATE OF TENNESSEE, TPAC OPERATES SEVERAL PROGRAM INITIATIVES INCLUDING SIX ARTS EDUCATION PROGRAMS, PUBLIC OFFERINGS SUCH AS A BROADWAY SERIES, CONCERTS, COMEDY SHOWS, ETC. ADDITIONALLY, TPAC RENTS ITS FACILITIES TO THREE PERFORMING ARTS RESIDENT COMPANIES - THE NASHVILLE OPERA ASSOCIATION, NASHVILLE BALLET, AND THE NASHVILLE REPERTORY THEATRE, ALL THREE OF WHICH ARE NON-PROFIT ORGANIZATIONS. TPAC ALSO RENTS ITS FACILITIES TO OUTSIDE PROMOTERS FOR EVENTS IN WHICH THE PROMOTERS ARE AT RISK, AND TO THE STATE OF TENNESSEE (WITH RENT WAIVED) FOR STATE EVENTS. TO SUPPORT PUBLIC PROGRAMMING, TPAC OPERATES ITS OWN TICKETING SERVICES. TPAC SUPPORTS ITS MISSION OF PROVIDING ARTS, CULTURE AND EDUCATION FOR THE COMMUNITY BY FUNDRAISING FROM INDIVIDUALS, CORPORATIONS, GOVERNMENT AND FOUNDATIONS. 84867 6887 DURING THE 2021 FISCAL YEAR, THE SEASON FOR YOUNG PEOPLE (PREVIOUSLY CALLED HUMANITIES OUTREACH IN TENNESSEE) PRESENTED PROFESSIONAL PERFORMANCES OF THEATER, DANCE AND MUSIC FOR STUDENT AUDIENCES THROUGH A VIRTUAL VIEWING PLATFORM. EACH PERFORMANCE WAS AVAILABLE TO VIEW REMOTELY AT SCHOOL OR AT HOME, WITH A TOTAL OF 109 VIRTUAL PERFORMANCE DAYS AVAILABLE FOR TEACHERS TO SCHEDULE FOR THEIR STUDENTS. THE VIRTUAL PERFORMANCES WERE PROVIDED AT NO COST TO SCHOOLS ALONG WITH CORRESPONDING ON-LINE CLASSROOM MATERIALS TO ENSURE THAT EACH STUDENT COULD CONTINUE TO HAVE ACCESS TO DIVERSE CULTURAL AND EDUCATIONAL PROGRAMS THROUGHOUT THE SCHOOL CLOSURES. TPAC ALSO PROVIDED VIRTUAL STUDENT WORKSHOPS AND ARTIST DISCUSSIONS. DURING THE 2020-2021 ACADEMIC YEAR, 68,946 STUDENTS AND TEACHERS FROM 810 SCHOOL GROUPS ATTENDED SEASON FOR YOUNG PEOPLE PERFORMANCES (32,549 STUDENTS AND TEACHERS FROM 434 SCHOOL GROUPS DURING THE 2019-2020 ACADEMIC YEAR). 35153 DISNEY MUSICALS IN SCHOOLS ("DMIS") DEVELOPS A CULTURE OF MUSICAL THEATRE PERFORMANCE IN METRO NASHVILLE ELEMENTARY SCHOOLS. THE PROGRAM INTRODUCES THE COLLABORATIVE ART OF MUSICAL THEATRE; STRENGTHENS ARTS PROGRAMMING; DEVELOPS PARTNERSHIPS AMONG STUDENTS, FACULTY, STAFF AND THE GREATER NASHVILLE COMMUNITY. PARTICIPATING SCHOOLS RECEIVE (AT NO COST) A PERFORMANCE LICENSE TO ANY DISNEY KIDS MUSICAL, SHOWKIT MATERIALS, INCLUDING DIRECTORS GUIDES, STUDENT SCRIPTS, ACCOMPANIMENT AND VOCAL CDS AND A CHOREOGRAPHY DVD, CROSS-CURRICULAR ACTIVITIES; AND IN-SCHOOL SUPPORT FROM TEAMS OF TWO TPAC TEACHING ARTISTS FOR 15 WEEKS. IN 2020-2021, ALL IN-SCHOOL ACTIVITY FOR THIS PROGRAM WAS PAUSED, BUT DMIS TEACHING ARTISTS LED 36 STORY ADVENTURE WORKSHOPS ON-LINE FOR FAMILIES. 1003 CHILDREN AND FAMILIES ZOOMED IN FROM 11 STATES TO MOVE AND SING ALONG WITH TEACHING ARTISTS IN DISNEY STORIES. (1,900 STUDENTS AND 208 EDUCATORS FROM 39 MNPS AND BEDFORD COUNTY SCHOOLS IN 2019-20). 27448 51 TPAC'S WOLF TRAP EARLY LEARNING THROUGH THE ARTS PROGRAM BRINGS ARTS-BASED CLASSROOM RESIDENCIES TO PRESCHOOLS AND HEAD START CENTERS. TEACHING ARTISTS AND TEACHERS USE ARTS INSTRUCTION TO TARGET EARLY CHILDHOOD DEVELOPMENTAL GOALS AND HELP CHILDREN LEARN. IN 2020-21 THE NUMBER OF RESIDENCY VISITS WITH TEACHING ARTISTS WAS REDUCED AND CONVERTED TO VIRTUAL TO RESPOND TO THE REMOTE AND HYBRID LEARNING REQUIREMENTS OF EACH INDIVIDUAL CENTER DURING THE PANDEMIC. ADDITIONALLY, VIRTUAL INTERACTION WITH TEACHING ARTISTS WAS PROVIDED IN A WEEKLY SERIES FOR FAMILIES TO ACCESS FROM HOME. A TOTAL OF 1,077 CHILDREN, TEACHERS AND FAMILY MEMBERS PARTICIPATED IN WOLF TRAP IN 2020-2021 AT NO CHARGE TO THEM (1,676 CHILDREN AND TEACHERS IN 2019-2020). 11905 1865 INSIDEOUT IS FOR ADULTS WHO WANT TO GROW IN THEIR KNOWLEDGE AND ENJOYMENT OF THE PERFORMING ARTS. WHILE MUCH OF THE TRADITIONAL IN-PERSON INSIDEOUT SERIES WAS PAUSED DUE TO COVID IN 2020-2021, TPAC CREATED OPPORTUNITIES FOR AUDIENCES OF ALL AGES TO INTERACT VIRTUALLY WITH THE PERFORMING ARTS. 4,685 INDIVIDUALS VIEWED AND PARTICIPATED IN TPAC'S EDUCATION AND COMMUNITY ENGAGEMENT PUBLIC PROGRAMMING. VIRTUAL PANEL DISCUSSIONS AND PRESENTATIONS HIGHLIGHTED LOCAL ARTS AND COMMUNITY GROUPS; TWO FILMS PRODUCED BY TPAC PRESENTED PERFORMANCES BY LOCAL ARTISTS MARK CABUS AND THE FISK JUBILEE SINGERS; AND TPAC TEACHING ARTISTS RECORDED 23 EDUCATIONAL VIDEOS FOR FAMILIES AND 2 BEHIND THE SCENES GUIDED TOURS OF TPAC'S BACKSTAGE. (2,851 INDIVIDUALS PARTICIPATED IN INSIDEOUT DURING 2019-2020). THE ARTSMART PROGRAM WAS DISCONTINUED IN 2020-21. THE PROGRAM HAS PROVIDED PROFESSIONAL DEVELOPMENT AND ARTIST RESIDENCIES FOR K-12TH GRADE SCHOOLS TO ACCOMPANY THE PERFORMANCES PRESENTED IN EACH YEAR'S SEASON FOR YOUNG PEOPLE. GOING FORWARD, THE PROGRAM WILL SHIFT TO SUPPORT MULTI-YEAR PARTNERSHIPS PLANNED WITH A LIMITED NUMBER OF SCHOOLS. WARNER ELEMENTARY ARTS MAGNET SCHOOL IN NASHVILLE CONTINUED AS A PARTNER IN 2020-21. A TOTAL OF 250 STUDENTS AND TEACHERS AT WARNER ELEMENTARY PARTICIPATED IN ARTS INTEGRATED RESIDENCIES AND PROFESSIONAL DEVELOPMENT PROVIDED BY TPAC IN 2020-2021 (2,095 STUDENTS AND TEACHERS IN 13 SCHOOLS PARTICIPATED IN 2019-2020). 13795 SPOTLIGHT AWARDS ARE PRESENTED IN PARTNERSHIP WITH LIPSCOMB UNIVERSITY'S COLLEGE OF ENTERTAINMENT AND THE ARTS TO ENCOURAGE YOUNG THEATRE ARTISTS IN MIDDLE TENNESSEE. THROUGH THE PROGRAM, APPLYING HIGH SCHOOLS PARTICIPATE IN WORKSHOPS AND EVENT OPPORTUNITIES WITH THEATER PROFESSIONALS AND THEIR MUSICALS ARE EVALUATED BY A DIVERSE PANEL OF ADJUDICATORS. THE PROGRAM CULMINATES IN MAY WHERE EXEMPLARY WORK IS RECOGNIZED WITH THE SPOTLIGHT AWARDS CEREMONY AT TPAC, WHERE THE TOP CONTENDERS FOR "OUTSTANDING MUSICAL" PERFORM AND HONORS ARE PRESENTED IN A VARIETY OF CATEGORIES, INCLUDING "OUTSTANDING LEAD ACTOR AND "OUTSTANDING LEAD ACTRESS." THE RECIPIENTS OF THESE TWO AWARDS THEN MOVE ON TO NATIONAL CONSIDERATION FOR THE JIMMY AWARDS IN NEW YORK. MANY SCHOOLS DID NOT PRODUCE MUSICALS DUE TO HEALTH CONCERNS, SO INSTEAD OF THE ADJUDICATION PROCESS, SCHOOLS APPLIED TO PARTICIPATE IN FREE EDUCATIONAL WORKSHOPS AND VIRTUAL EVENTS THROUGHOUT THE YEAR. IN 2020-21, 45 HIGH SCHOOLS AND MORE THAN 500 STUDENTS PARTICIPATED IN THE SPOTLIGHT VIRTUAL ACTIVITIES PROVIDED BY TPAC. THEATER STUDENTS IN GRADES 11-12 WERE INVITED TO APPLY IN THE AUDITIONS AND AWARDS PROCESS BY SUBMITTING PERFORMANCE VIDEOS. THE TOP TWO APPLICANTS WERE SELECTED TO PARTICIPATE IN THE VIRTUAL JIMMY AWARDS. THE 2021 JIMMY AWARDS BECAME A HYBRID EVENT, WITH THE TOP TWO SPOTLIGHT STUDENTS HOSTED AT TPAC FOR 10 DAYS OF PROFESSIONAL WORKSHOPS LED VIRTUALLY FROM BROADWAY. (32 HIGH SCHOOLS PARTICIPATED AND 800 STUDENTS, TEACHERS AND THEIR GUESTS ATTENDED THE VIRTUAL SPOTLIGHT AWARDS, AND 2,200 VIEWED THE ONLINE CELEBRATION AFTER THE LIVE EVENT IN 2019-2020). 53148 1916 3914618 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 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 1 0 0 0 1 102 0 1 364 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TN X JULIE GILLEN CFO 6157824033 505 DEADERICK STREET 3RD FLOOR NASHVILLE TN 37243 DR PHILIP WENK VICE CHAIR 2.00 X X 0 0 0 STEVEN G CATES DIRECTOR 0.50 X 0 0 0 RONALD L CORBIN DIRECTOR 0.50 0.30 X 0 0 0 JIM SCHMITZ IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 CLAIRE W TUCKER DIRECTOR 0.50 X 0 0 0 TODD SHIPLEY DIRECTOR 0.50 X 0 0 0 ANSEL L DAVIS DIRECTOR 0.50 X 0 0 0 EMANUEL J EADS DIRECTOR 0.50 X 0 0 0 ALEXIA POE DIRECTOR 0.50 X 0 0 0 MARTHA R INGRAM DIRECTOR 0.50 X 0 0 0 ANDREW TAVI DIRECTOR 0.50 X 0 0 0 EDDIE GEORGE DIRECTOR 0.50 X 0 0 0 J REGINALD HILL TREASURER 2.00 0.30 X X 0 0 0 MARK J DAVISON DIRECTOR 0.50 X 0 0 0 SHEILA GIBSON DIRECTOR 0.50 X 0 0 0 TRACY KANE CHAIR 2.00 X X 0 0 0 MELVIN MALONE DIRECTOR 0.50 X 0 0 0 ROBERT M HEBERT JR DIRECTOR 0.50 X 0 0 0 NATHAN POSS DIRECTOR 0.50 X 0 0 0 RHONDA TAYLOR DIRECTOR 0.50 X 0 0 0 GAIL WILLIAMS DIRECTOR 0.50 X 0 0 0 KEVIN HARTLEY SECRETARY 2.00 X X 0 0 0 STEVE MASON DIRECTOR 0.50 X 0 0 0 ADAM C SANSIVERI DIRECTOR 0.50 X 0 0 0 JENNIFER TURNER PRESIDENT & CEO 40.00 0.30 X 262728 0 8627 JULIE GILLEN CFO 40.00 1.00 X 145341 0 8519 DENISE MINATOYA COO 40.00 X 121455 0 8078 JAMES TIMM CHIEF STRATEGY OFFICER 40.00 X 186135 0 7770 ROBERTA CIUFFO EVP FOR EDUCATION & COMMUN 40.00 X 126730 0 8425 MOHAMMED HUSAIN END 83020 VP OF INFORMATION TECHNOLOGY 40.00 X 114896 0 5685 957285 0 47104 6 0 1 0 SERVICE MANAGEMENT SYSTEMS INC 7135 CHARLOTTE PIKE SUITE 100 NASHVILLE TN 37209 REPAIRS AND MAINTENANCE 202691 BECA COMMERCIAL FLOORING GROUP 121 SEABOARD LN FRANKLIN TN 37067 FLOORING SERVICES 202345 4WALL NASHVILLE INC 820 COWAN ST NASHVILLE TN 37207 GLASS/MIRROR SERVICES 138259 3 826677 8828563 1909147 368 11564387 REIMBURSEMENTS 711110 77710 77710 TICKET SALES 711110 17302 17302 TICKET SERVICE CHG/FEES 711110 7265 7265 102277 174 174 14590 4242 210 10348 -210 10138 10348 -210 74608 79781 -5173 -5173 -5173 1399 16335 -14936 -14936 OTHER INCOME 711110 81199 81199 SALES TAX REBATE 711110 708 708 81907 11738774 179596 -210 -4999 704515 659562 44953 3099201 2209127 607238 282836 640126 640126 271831 161804 85910 24117 208466 208466 42000 42000 300 300 92807 44405 1899 46503 100618 100618 207570 88455 111275 7840 12000 6000 6000 4349 1778 1659 912 6258 3052 3206 785657 398308 363701 23648 110256 2380 107876 REPAIRS & MAINTENANCE 451164 298062 153102 STATE MAINTENANCE EXPEN 348059 348059 DUES AND SUBSCRIPTIONS 125079 44374 64840 15865 CONTRACT LABOR 109569 90449 19120 294223 117747 101084 75392 7614048 3914618 3152244 547186 4060 4960 12047425 9960589 200842 6899963 258228 66250 49034 22698 207185 257754 11748276 7413202 4812091 4335074 11908 15876 650275 565966 18241048 22129130 701496 826424 5123469 6427588 1786617 65788 104132 155302 7715714 7475102 X 10400234 14462278 125100 191750 10525334 14654028 18241048 22129130 4124726 3968 0 X X 0 1 X 1 1 0 X 2888262 3269336 3850085 3234989 11564387 24807059 14095053 23117551 19400417 23229056 118266 79960343 16983315 26386887 23250502 26464045 11682653 104767402 96570 96702 113720 138072 103191 548255 0 96570 96702 113720 138072 103191 548255 104219147 70 89 155 202 174 690 163594 122702 130936 54628 0 471860 163664 122791 131091 54830 174 472550 731626 1416080 1079522 1334972 81907 4644107 17878605 27925758 24461115 27853847 11764734 109884059 0.94840 0.94350 0.00430 0.00510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 1 300 0 300 0 PART II-B, LINE 1: TPAC ENGAGED THE SERVICES OF JOHNSON/POSS TO HELP SUPPORT TPAC'S EFFORTS OF ENGAGING WITH THE APPROPRIATE STATE PERSONNEL TO MANAGE OUR TENANT RELATIONSHIP OF THE STATE-OWNED SPACES THAT TPAC MANAGES. 4925138 2928261 1996877 6638255 4484941 2153314 184883 184883 4335074 DEPOSITS AND OTHER 155302 155302 X 11891485 3968 122783 126751 11764734 -25960 -25960 11738774 7762791 122783 25960 148743 7614048 0 7614048 PART X, LINE 2: MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISION INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -4,452. CONCESSION SUPPLIES EXPENSE -16,335. LOSS ON DISPOSAL OF EQUIPMENT -5,173. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 4,452. CONCESSION SUPPLIES EXPENSE 16,335. LOSS ON DISPOSAL OF EQUIPMENT 5,173. X X X X 0 1 0 0 0 0 0 1 0 JENNIFER TURNER PRESIDENT & CEO 262728 0 0 0 0 0 0 0 8627 0 271355 0 0 0 JAMES TIMM CHIEF STRATEGY OFFICER 186135 0 0 0 0 0 0 0 7770 0 193905 0 0 0 JULIE GILLEN CFO 145341 0 0 0 0 0 0 0 8519 0 153860 0 0 0 PART I, LINE 4B IN 2019, TENNESSEE PERFORMING ARTS CENTER MANAGEMENT CORPORATION ENTERED INTO AN EMPLOYMENT AGREEMENT WITH JENNIFER TURNER, CEO. INCLUDED IN THIS AGREEMENT WAS A PAYMENT TO A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN THAT INCLUDES DEFERRED COMPENSATION. THERE WERE NO PAYMENTS TO THE PLAN DURING 2020. PART I, LINE 7 LATE IN THE FISCAL YEAR, THE BOARD APPROVED A 3% BONUS FOR STAFF, EXCLUDING TPAC'S PRESIDENT & CEO, WHO RECEIVED A CONTRACTUAL BONUS IN NOVEMBER FOR HER WORK IN THE FISCAL YEAR ENDED 6/30/21. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING ORGANIZATIONS AND INDIVIDUALS HAVE THE ABILITY TO APPOINT TPAC'S GOVERNING BODY: THE TENNESSEE PERFORMING ARTS FOUNDATION - 8 POSITIONS THE TENNESSEE GOVERNOR - 5 POSITIONS TENNESSEE'S EDUCATION COMMISSIONER - 1 POSITION THE TENNESSEE ARTS COMMISSION - 5 POSITIONS THE TENNESSEE PERFORMING ARTS CENTER MANAGEMENT CORPORATION - 6 POSITIONS FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION OF FORM 990 BY THE EXTERNAL AUDITORS FOR TENNESSEE PERFORMING ARTS CENTER MANAGEMENT CORPORATION, IT WILL BE REVIEWED BY EITHER THE CFO OR DESIGNATED FINANCE DEPARTMENT STAFF MEMBERS AND THEN A REVIEW MEETING IS HELD THAT INCLUDES THE TPAC CEO, CFO, KEY FINANCE DEPARTMENT STAFF, EXTERNAL AUDIT TAX PREPARER, AUDIT COMMITTEE CHAIR AND/OR BOARD TREASURER. APPROPRIATE CHANGES MAY BE MADE AT ANY POINT IN THE REVIEW PROCESS PRIOR TO FILING FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO MARCH, 2020, COPIES OF THE CONFLICT OF INTEREST AND CONFIDENTIALITY POLICIES FOR THE BOARD OF DIRECTORS WERE DISTRIBUTED TO NEW BOARD MEMBERS DURING AN IN-PERSON ORIENTATION AND INCLUDED IN THE PRINTED MATERIALS PROVIDED AT EACH IN-PERSON BOARD MEETING. EACH FISCAL YEAR, ALL BOARD OF DIRECTORS WERE ASKED TO SIGN THE CONFLICT OF INTEREST POLICY, AND THOSE PAPER FORMS WERE KEPT ON FILE. IN RESPONSE TO COVID-19, TPAC BEGAN HOLDING VIRTUAL BOARD MEETINGS IN MARCH OF 2020. FOR THE 2020-21 FISCAL YEAR, THE POLICIES WERE DISTRIBUTED ELECTRONICALLY VIA EMAIL. DIRECTORS WERE ASKED TO ELECTRONICALLY ACCEPT THE POLICIES AND TO DISCLOSE ANY CONFLICTS OF INTEREST VIA A DIGITAL SURVEY. DIGITAL COPIES OF THESE SURVEY RESPONSES ARE KEPT ON FILE. TPAC WILL CONTINUE TO DISTRIBUTE THESE POLICIES ELECTRONICALLY AND COLLECT DIGITAL ACKNOWLEDGEMENTS AT THE START OF EACH FISCAL YEAR, MOVING FORWARD. FORM 990, PART VI, SECTION B, LINE 15 TPAC'S BOARD OF DIRECTORS HIRES THE ORGANIZATION'S CEO AND NEGOTIATES SUBSEQUENT EMPLOYMENT CONTRACTS. THE BOARD CHAIRMAN'S PROCESS FOR DETERMINING COMPENSATION FOR THE CEO IS BASED ON MULTIPLE CRITERIA: HISTORICAL SALARY RANGE FOR THE POSITION, SALARY SURVEY INFORMATION COMPILED ANNUALLY BY A RESEARCH FIRM FOR OUR SPECIFIC INDUSTRY (PACC - PEFORMING ARTS CENTER CONSORTIUM) AND AVAILABLE BUDGETARY RESTRAINTS. OTHER OFFICER COMPENSATION IS HANDLED SIMILARLY BY THE CEO. ALSO, TPAC HAS BEGUN TO USE SEARCH FIRMS WHEN RECRUITING FOR EXECUTIVE LEVEL POSITIONS; THE FIRMS HAVE BEEN HELPFUL WHEN DETERMINING, CONFIRMING OR RE-ASSESSING SALARY RANGES. FORM 990, PART VI, SECTION C, LINE 19 TPAC'S GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION. PURSUANT TO TENN CODE ANN SECTION 8-44-107, THE ACTIVITIES OF THE BOARD ARE OPEN TO THE PUBLIC AS IF IT WERE A GOVERNMENTAL AGENCY. SEE BELOW: 8-44-107. BOARD OF DIRECTORS OF PERFORMING ARTS CENTER MANAGEMENT CORPORATION - THE BOARD OF DIRECTORS OF THE TENNESSEE PERFORMING ARTS CENTER MANAGEMENT CORPORATION SHALL BE SUBJECT TO, AND SHALL IN ALL RESPECTS COMPLY WITH, ALL OF THE PROVISIONS MADE APPLICABLE TO GOVERNING BODIES BY THIS CHAPTER [OPEN MEETINGS LAW]. TPAC'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE AT WWW.GIVINGMATTERS.ORG. TPAC'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION PROCESS OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XII, LINE 3B: AS OF THE DATE OF FILING, TPAC IS AWAITING FURTHER GUIDANCE ON THE SHUTTERED VENUE OPERATORS GRANT IN ORDER TO HAVE A SINGLE AUDIT PERFORMED. ONCE GUIDANCE IS ISSUED, TPAC WILL HAVE SUCH AUDIT PERFORMED AS REQUIRED BY THE UNIFORM GUIDANCE. TENNESSEE PERFORMING ARTS FOUNDATION 505 DEADERICK STREET NASHVILLE TN 37243 237272205 ENDOWMENT MGMT TO PROVIDE INCOME TO HELP DEFRAY THE OPERATING COSTS OF TPAC TN 501(C)(3) 509(A)(3) N/A 0 NASHVILLE INSTITUTE FOR THE ARTS 505 DEADERICK STREET NASHVILLE TN 37243 581387884 TN 501(C)(3) 509(A)(3) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 TENNESSEE PERFORMING ARTS FOUNDATION C 826677 CASH TENNESSEE PERFORMING ARTS FOUNDATION O