2021-08-16T10:55:46-05:00 2020-09-30 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2019-10-01 461912406 LUBBOCK ENTERTAINMENT AND PERFORMING ARTS ASSOCIATION LUBB 8067473200 1500 BROADWAY NO 902 LUBBOCK TX 79401 TIM COLLINS CHAIRMAN 8067473200 2021-08-16 1 ERIN DIPPREY P01419700 8067473806 2021-08-16 2019 2022-09-23 18:48:47Z TIM COLLINS 1500 BROADWAY NO 902 LUBBOCK TX 79401 4682448 0 X WWW.LEPAA.ORG X 2013 TX TO PROVIDE A VARIETY OF THE FINEST PERFORMING ARTS EVENTS, AND EDUCATIONAL AND COMMUNITY PROGRAMS THAT WILL SUPPORT, ENHANCE AND EXPAND APPRECIATION FOR THE ARTS, ENTERTAINMENT, CULTURE, MUSIC, HISTORY AND HERITAGE OF THE SOUTH PLAINS. 13 13 1 13 0 0 4683365 4474617 15645 0 124573 163199 -659 2536 4822924 4640352 0 0 0 0 20409 78861 22913 15075 181308 439825 721449 483147 815385 4339777 3824967 136456017 178446394 54600196 92827286 81855821 85619108 X LUBBOCK ENTERTAINMENT & PERFORMING ARTS ASSOCIATION (LEPAA) IS A TEXAS NON-PROFIT CORPORATION, DEDICATED TO ENRICHING THE LIVES OF THOSE WHO LIVE IN LUBBOCK, THE SOUTH PLAINS, AND BEYOND, THROUGH THE PRESENTATION OF A VARIETY OF THE FINEST PERFORMING ARTS EVENTS, AND EDUCATIONAL AND COMMUNITY PROGRAMS THAT WILL SUPPORT, ENHANCE AND EXPAND APPRECIATION FOR THE ARTS, ENTERTAINMENT, CULTURE, MUSIC, HISTORY AND HERITAGE OF THE SOUTH PLAINS. 0 0 506282 LEPAA CONTINUES CONSTRUCTION OF THE PERFORMING ARTS AND SCIENCES CENTER, WHICH WAS COMPLETED IN JANUARY 2021. LEPAA CONTINUES TO RECRUIT AND PROCURE PARTNERS FOR FUNDING CONSTRUCTION OF THE CENTER AND FUTURE OPERATIONS. THESE PARTNERSHIPS WILL IMPACT THE COMMUNITY BY OFFERING STUDENTS THE OPPORTUNITY TO PERFORM AND ENGAGE IN A WORLD-CLASS VENUE. LEPAA WILL HOLD ITS SECOND 5-DAY BUDDY HOLLY SONGWRITERS RETREAT AND CONCERT IN 2022, AS THE 2020 AND 2021 RETREATS WERE POSTPONED DUE TO THE PANDEMIC. ASPIRING SONGWRITERS BREAK UP INTO SMALL GROUPS TO COLLABORATE WITH PROFESSIONAL MENTORS THROUGH THE CREATIVE PROCESS OF SONGWRITING. A FRIDAY NIGHT SHOWCASE CONCERT WILL BE HELD TO DEBUT THE BEST SONGS WRITTEN DURING THE RETREAT. 506282 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 36 0 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X MARK BASS 8067473200 1500 BROADWAY STE 902 LUBBOCK TX 79401 X TIM COLLINS CHAIRMAN 10.00 X X 0 0 0 PATTY D'ALISE VICE CHAIRMAN 1.00 X X 0 0 0 MARK BASS TREASURER 3.00 X X 0 0 0 MARIANNA MARKHAM SECRETARY 1.50 X X 0 0 0 ANDREW BABCOCK DIRECTOR 6.00 X 0 0 0 MATTHEW BUMSTEAD DIRECTOR 0.75 X 0 0 0 NICHOLAS DRAGGA DIRECTOR 10.00 X 0 0 0 GARY GREENSTREET DIRECTOR 0.75 X 0 0 0 LEE ANN HUDDLESTON DIRECTOR 0.10 X 0 0 0 CARLA MORAN DIRECTOR 1.50 X 0 0 0 KAY SANFORD DIRECTOR 0.10 X 0 0 0 KERRY SESSIONS DIRECTOR 0.10 X 0 0 0 LAURA VINSON DIRECTOR 1.00 X 0 0 0 MICHELLE STEPHENS EXECUTIVE DIRECTOR 40.00 X 0 0 0 0 0 0 0 0 0 0 LEE LEWIS CONSTRUCTION INC 7810 ORLANDO AVENUE LUBBOCK TX 79423 CONSTRUCTION 39931864 GARFIELD PUBLICPRIVATE LLC 14911 QUORUM DR STE 380 DALLAS TX 75254 DEVELOPMENT 1923691 PARKHILL SMITH & COOPER 4222 85TH STREET LUBBOCK TX 79423 DESIGN SERVICES 855130 SMG 300 CONSHOHOCKEN STATE ROAD CONSHOHOCKEN PA 19428 CONSULTING SERVICES 118442 4 4474617 52827 4474617 160822 160822 43246 40317 552 2929 -552 2377 2377 3763 1227 2536 2536 4640352 0 0 165735 74525 37263 1256 36006 4336 2168 2168 151044 90522 22761 37761 14469 10852 3617 87400 87400 15075 15075 2832 1416 175 1241 79009 33911 45098 26815 13407 2249 11159 3228 270 2958 24716 12358 6179 6179 594 594 2480 630 111 1739 17677 8839 4419 4419 9608 4804 2402 2402 OPERATIONS 284157 284157 BANK FEES 10835 258 10577 SONGWRITERS RETREAT & C 5326 5326 MOVING & STORAGE 800 400 200 200 459 229 115 115 815385 506282 127795 181308 193097 226198 3109554 5057384 14990525 12935660 784 29169 11482 10704 6346 7762 2382936 25733 2227007 2357203 4648980 5412665 111268242 152409649 136456017 178446394 8267250 10133628 1641700 1982500 44691246 80696458 0 14700 54600196 92827286 X 59156058 62219079 22699763 23400029 81855821 85619108 136456017 178446394 3824967 -61680 0 X X 0 1 X 1 0 X 4094901 3792759 5496971 4683365 4474617 22542613 4094901 3792759 5496971 4683365 4474617 22542613 7459919 15082694 24373 48696 89141 124641 160822 447673 22990286 26967 0.65600 0.41820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4648980 700000 63685 5412665 3322291 1130000 196689 4648980 1294134 1950000 78157 3322291 1250000 44134 1294134 0.00000 0.94270 0.05730 0 0 2339498 2339498 32684 16055 16629 10754 9678 1076 2357203 CONSTRUCTION IN PROGRESS 151878280 ART AND COLLECTIONS 64733 REFUNDABLE DEPOSIT 8811 LOAN COSTS 218900 START-UP COSTS 238925 152409649 SBA PPP LOAN 14700 14700 X 4578672 -61680 -61680 4640352 0 4640352 815385 0 815385 0 815385 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO MAKE CAPITAL EXPENDITURES TO MAINTAIN OR ENHANCE THE PERFORMING ARTS & SCIENCES CENTER AFTER INITIAL CONSTRUCTION IS COMPLETED. PART X, LINE 2: LEPAA HAS ADOPTED THE "UNCERTAIN TAX POSITIONS" PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE PRIMARY TAX POSITION OF LEPAA IS ITS FILING STATUS AS A TAX EXEMPT ENTITY. LEPAA DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) AND THAT ALL TAX BENEFITS ARE LIKELY TO BE REALIZED UPON SETTLEMENT WITH TAXING AUTHORITIES. X X X X 1 KATHY GILBREATH 4603 5TH STREET LUBBOCK TX 79416 FUNDRAISING 0 1127500 12000 1115500 REA ASSOCIATES LLC PO BOX 53494 LUBBOCK TX 79453 CONSULTING 0 1079900 15000 1064900 MBS CONSULTING 6015 89TH STREET LUBBOCK TX 79424 CONSULTING 0 450000 22761 427239 2657400 49761 2607639 TX TIM COLLINS BOARD CHAIRMAN 289750 INDEPENDENT CONTRACTOR 0 SCHEDULE L, PART IV TIM COLLINS, BOARD CHAIRMAN OF THE ORGANIZATION, IS THE OWNER OF COLLINS TILE AND STONE AND SUBMITTED A BID TO THE CONTRACTOR WHO LEPAA HIRED TO BUILD THE BUDDY HOLLY PERFORMANCE CENTER. THE BID WAS TO PROVIDE THE CERAMIC TILE AND STONE COUNTERTOPS. EVEN THOUGH THE BID DEADLINE WAS EXTENDED TWICE, THE CONTRACTOR ONLY RECEIVED ONE OTHER BID. BASED ON THE CONTRACTOR'S EXPERIENCE WITH COLLINS TILE AND STONE AND THE AMOUNT OF THE BID, IT WAS THE CONTRACTOR'S RECOMMENDATION TO USE COLLINS TILE AND STONE FOR THE TILE AND COUNTERTOPS. PRIOR TO APPROVING THE PURCHASE FROM COLLINS TILE AND STONE, MR. COLLINS INFORMED THE BOARD OF HIS CONFLICT OF INTEREST. THE BOARD REMOVED MR. COLLINS FROM THE MEETING TO DISCUSS THE BID. AFTER BOARD DISCUSSION AND WITH THE CONTRACTOR'S RECOMMENDATION, THE BOARD APPROVED THE BID. X 2 40317 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 LEPAA HIRED PALMER & GRAHAM ENTERPRISES INC, DBA MBS CONSULTING, OWNED BY MICHELLE STEPHENS TO MANAGE THEIR DAY TO DAY OPERATIONS. MBS CONSULTING IS AN INDEPENDENT CONTRACTOR, BUT THE SERVICES PROVIDED BY MBS CONSULTING AND MICHELLE STEPHENS ARE SIMILAR TO SERVICES OF AN EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD MUST AGREE TO REVIEW, SIGN AND ABIDE BY THE CONFLICT OF INTEREST POLICY. AT EACH BOARD MEETING THE BOARD ASKS IF THERE ARE ANY CONFLICTS OF INTEREST AND EACH BOARD MEMBER MUST STATE IF THEY HAVE A CONFLICT OR PERCEIVED CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION WILL MAKE AVAILABLE A COPY OF THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATMENTS TO THE PUBLIC. REQUESTS CAN BE MADE AT THE ASSOCATION'S OFFICE LOCATED IN LUBBOCK, TX. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS HAVE ASSIGNED MEMBERS TO AN AUDIT COMMITTEE TO SELECT THE INDEPENDENT CPA WHO WILL PERFORM THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.