2020-04-09T14:09:30-05:00 2019-05-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2018-06-01 043317597 WANG THEATRE INC WANG 6174829393 270 TREMONT STREET BOSTON MA 02116 JOSIAH A SPAULDING JR PRESIDENT & CEO 6174829393 2020-04-01 1 JOYCE RIPIANZI CPA P00548581 5083669100 2020-04-01 40.70.31.102 2020-04-01 15:09:08 ED P 2A9010E3A6A0BB3B06F86C59D67A72AD6F64F0F5 1166F2FD08ABF73FAA4779C448B3D4829B6A5C9C 2018 2020-09-22 18:59:49Z JOSIAH A SPAULDING JR 270 TREMONT STREET BOSTON MA 02116 25869636 0 X WWW.BOCHCENTER.ORG X 1996 MA TO PROVIDE ARTS PROGRAMMING TO THE GENERAL PUBLIC AND PRESERVATION OF THE WANG THEATRE. 7 6 426 6 0 0 0 0 21602280 25473852 566 1695 365593 394089 21968439 25869636 0 0 0 0 4512466 5044053 0 0 0 19675770 22668762 24188236 27712815 -2219797 -1843179 16236570 13222160 13054969 11883738 3181601 1338422 TO PROVIDE ARTS PROGRAMMING TO THE GENERAL PUBLIC AND PRESERVATION OF THE WANG THEATRE. 0 0 26830491 25867941 PRESENTATION OF MUSIC, BROADWAY, OPERA, DANCE, COMEDY AND OTHER PERFORMING ARTS TO THE GENERAL PUBLIC. 26830491 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 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 39 0 1 426 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X JOHN F PERKINS CFO 6174829393 270 TREMONT STREET BOSTON MA 02116 MARK WELD TRUSTEE/CHAIRMAN 1.00 X X 0 0 0 COURTNEY WANG VICE-CHAIRMAN/TRUSTEE 1.00 X X 0 0 0 DAVID BALTER VICE-CHAIRMAN/TRUSTEE 1.00 X X 0 0 0 JEFFREY S MCCORMICK VICE-CHAIR/TRUSTEE(UNTIL9/18) 1.00 X X 0 0 0 ELLIOT M SURKIN CLERK/TRUSTEE (UNTIL 9/18) 1.00 X X 0 0 0 GREGORY WHITE VICE-CHAIR/TRUSTEE(AS OF9/18) 1.00 X X 0 0 0 BRIAN AWE CLERK/TRUSTEE (AS OF 9/18) 1.00 X X 0 0 0 MARK MCHUGH TREASURER/TRUSTEE 1.00 X X 0 0 0 JOSIAH A SPAULDING JR PRESIDENT & CEO/TRUSTEE 40.00 X X 0 467116 58867 JOHN F PERKINS CFO 40.00 X 0 203561 25335 MICHAEL SZCZEPKOWSKI VICE PRESIDENT & GEN MGR 40.00 X 0 214292 36870 JULIE MANNING VP & MANAGING DIRECTOR OF BOOKING 40.00 X 0 155438 10749 LISA MUISE CONTROLLER 40.00 X 0 139769 5371 SUSAN DAHLING SULLIVAN CHIEF OF STAFF 40.00 X 0 120841 3625 COREY EVANS SENIOR DIRECTOR, EDUCATION 40.00 X 0 113069 38445 ANNE TAYLOR SENIOR EXECUTIVE ASSISTANT 40.00 X 0 109135 13702 ERIC NEILL DIRECTOR OF THEATRE OPERATIONS 40.00 X 0 115044 34368 0 1638265 227332 0 0 1 0 GUARDIAN SECURITY & PROTECTION 50 STRAWBERRY LANE CANTON MA 02021 SECURITY SERVICES 513603 CLEANCO MAINTENANCE CORP 318 BEAR HILL ROAD SUITE 8 WALTHAM MA 02451 FACILITY CLEANING 393082 FRED POPKEN 16 FLORENCE STREET MEDFORD MA 02155 CATERING SERVICES 176689 STANLEY CONVERGENT SECURITY SOLUTIONS 30 COMMERCE WAY WOBURN MA 01801 SECURITY SYSTEM CONTRACTOR 168369 CENTERPLATE 270 TREMONT STREET BOSTON MA 02116 CONCESSION SERVICES 130579 5 BOX OFFICE RECEIPTS 711110 18503976 18503976 THEATRE OPERATIONS 711110 4797525 4797525 CONCESSIONS INCOME 722210 793111 793111 SURCHARGE INCOME 900099 691476 691476 THEATRE RENTAL/FUNCTIONS 711110 653400 653400 34364 34364 25473852 1695 1695 MANAGEMENT FEE INCOME 900099 394089 394089 394089 25869636 25867941 0 1695 438298 438298 3509204 3509204 296679 296679 402356 402356 397516 397516 13822 13822 30650 30650 37776 14886 22890 1346069 1341839 4230 34868 1857 33011 158040 158040 299689 299689 14035 6225 7810 7461 794 6667 1012512 1012512 180081 180081 THIRD PARTY PRESENTERS 10509379 10509379 ARTIST FEES 3639618 3639618 THEATER OPERATIONS 3443453 3443453 MANAGEMENT FEES 828776 66886 761890 1112533 1111179 1354 27712815 26830491 882324 0 5870269 3014823 600593 1292522 414794 242617 31000717 22328519 9350914 8672198 16236570 13222160 2670556 471694 6296728 4593675 4087685 6818369 13054969 11883738 X 3181601 1338422 3181601 1338422 16236570 13222160 -1843179 0 X X 0 1 X 1 0 X X 1 THE WANG CNTR FOR THE PERFORMING ARTS 510197209 7 1 828777 0 1 828777 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 29015702 20693345 8322357 940828 754848 185980 1044187 880326 163861 8672198 DUE TO RELATED PARTIES 6818369 6818369 X 25869636 0 25869636 0 25869636 27712815 0 27712815 0 27712815 PART X, LINE 2: THE WANG CENTER FOR THE PERFORMING ARTS, D/B/A BOCH CENTER ("CENTER") AND ITS SUBSIDIARIES, ARE NOT-FOR-PROFIT ORGANIZATIONS AS DESCRIBED UNDER INTERNAL REVENUE CODE ("IRC CODE") SECTION 501(C)(3) THAT ARE GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE CODE SECTION 501(A) AND ARE ALSO EXEMPT FROM PRIVATE FOUNDATION STATUS UNDER IRC SECTIONS 509(A)(1) AND 509(A)(3), RESPECTIVELY. THE CENTER HAS IMPLEMENTED THE GUIDANCE FOR INCOME TAXES IN ACCORDANCE WITH ASC TOPIC 740, AS IT RELATES TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE TREATMENT OF THE CENTER'S POSITION OF ACCOUNTING FOR INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENTS. THE GUIDANCE ALSO PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT STANDARD FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF AN INCOME TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN THE TAX RETURN. IN ADDITION, IT PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE CENTER HAS IDENTIFIED NO UNCERTAIN TAX POSITIONS AS OF MAY 31, 2019 OR 2018. WITH FEW EXCEPTIONS, THE CENTER IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S., FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2016. X 1 0 X X X X 0 0 0 0 0 0 0 0 0 JOSIAH A SPAULDING JR PRESIDENT & CEO/TRUSTEE 0 436589 0 0 0 30527 0 8226 0 50641 0 525983 0 0 JOHN F PERKINS CFO 0 196174 0 2500 0 4887 0 6156 0 19179 0 228896 0 0 MICHAEL SZCZEPKOWSKI VICE PRESIDENT & GEN MGR 0 207129 0 2500 0 4663 0 6838 0 30032 0 251162 0 0 JULIE MANNING VP & MANAGING DIRECTOR OF BOOKING 0 152147 0 2500 0 791 0 0 0 10749 0 166187 0 0 COREY EVANS SENIOR DIRECTOR, EDUCATION 0 106571 0 2500 0 3998 0 3959 0 34486 0 151514 0 0 PART I, LINE 1A DURING THE YEAR ENDED MAY 31, 2019 THE WANG CENTER FOR THE PERFORMING ARTS, INC. ("CENTER") PAID A HOUSING ALLOWANCE TO ITS PRESIDENT & CEO IN THE AMOUNT OF $2,898.19 PER MONTH. PART I, LINE 3 THE CEO IS COMPENSATED BY THE WANG CENTER FOR THE PERFORMING ARTS, INC. ("CENTER"), A CONTROLLING ORGANIZATION. THE COMPENSATION COMMITTEE WHICH CONSISTS OF THE OFFICERS OF THE BOARD PERIODICALLY ASSEMBLES AND EVALUATES COMPARABILITY DATA IN ORDER TO DETERMINE THE COMPETITIVENESS OF THE TOTAL COMPENSATION PAID TO THE CEO. THE COMMITTEE MAINTAINS CONTEMPORANEOUS DOCUMENTATION OF ITS DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS FOR THE CEO. FORM 990, PART VI, SECTION A, LINE 6 THE WANG CENTER FOR THE PERFORMING ARTS, INC. IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE WANG CENTER FOR THE PERFORMING ARTS, INC. IS THE SOLE MEMBER AND HAS THE POWER TO ELECT THE BOARD OF DIRECTORS FOR THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 DISCLOSURES FOR ACCURACY AND COMPLIANCE WITH ORGANIZATIONAL POLICIES. A FINAL COPY OF THE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OVERSEER OR PRINCIPAL OFFICER OF THE CENTER ANNUALLY SIGNS A STATEMENT REGARDING CONFLICTS OF INTEREST IN FORM SATISFACTORY TO THE BOARD. SUCH STATEMENTS WITH LIMITATIONS: 1. AFFIRM THAT THE PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY AND AGREES TO COMPLY WITH IT; AND 2. DISCLOSE TO THE BOARD: A. THE NAME OF EACH ENTITY, FOR-PROFIT AND NON-PROFIT, (OTHER THAN THE CENTER OR ANY CHARITABLE ORGANIZATION OWNED OR CONTROLLED, DIRECTLY OR INDIRECTLY, BY THE CENTER) WHICH THE PERSON SERVES AS AN OFFICER, DIRECTOR, TRUSTEE, MANAGER, GENERAL PARTNER OR EMPLOYEE AND THE PERSON'S POSITION AT EACH SUCH ENTITY; B. WHETHER THE PERSON (OR ANY FAMILY MEMBER, OTHER INDIVIDUAL OR ENTITY DEEMED AN "INSIDER" BY VIRTUE OF A RELATIONSHIP WITH THE PERSON) HAS, AT SUCH TIME, A CONFLICT OF INTEREST; AND, C. ALL MATERIAL FACTS RELATING TO ANY SUCH CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS OF THE BOARD SERVE AS THE MEMBERS OF THE COMPENSATION COMMITTEE OF THE WANG CENTER FOR THE PERFORMING ARTS, INC. THE COMMITTEE IS RESPONSIBLE FOR DEVELOPING AN OVERALL PHILOSOPHY FOR THE ORGANIZATION'S COMPENSATION PROGRAMS APPLICABLE TO OFFICERS AND EMPLOYEES. THE COMMITTEE MAY SEEK ADVISEMENT AND COUNSEL FROM PROFESSIONALS WITH EXPERTISE IN COMPENSATION ARRANGEMENTS FOR U.S. BASED NON-PROFIT TAX EXEMPT CORPORATIONS. ACTING AS MEMBER OF THE COMPENSATION COMMITTEE, THE OFFICERS ARE REQUIRED TO PARTICIPATE AS FOLLOWS: *TO ANNUALLY REVIEW WITH THE BOARD AND CEO THE POSITION DESCRIPTION FOR THE CEO AND RECOMMEND ANY CHANGES TO THE BOARD FOR CONSIDERATION. *TO RECOMMEND APPROPRIATE ELEMENTS OF COMPENSATION OF THE CEO. *TO ESTABLISH THE GOALS AND OBJECTIVES OF THE CEO, TO ANNUALLY REVIEW THE PERFORMANCE OF THE CEO RELATIVE TO THE INSTITUTION'S GOALS AND OBJECTIVES FOR THE PURPOSE OF DETERMINING THE COMPENSATION OF THE CEO, AND TO EVALUATE THE CEO'S PERFORMANCE IN LIGHT OF THOSE STRATEGIC GOALS AND OBJECTIVES. *TO MAKE RECOMMENDATIONS TO THE BOARD BASED ON THIS EVALUATION. *TO ANNUALLY REVIEW THE RECOMMENDATIONS OF THE CEO CONCERNING OVERALL COMPENSATION AND OTHER CONDITIONS OF EMPLOYMENT OF THE CENTER'S SENIOR OFFICERS AND SATISFY ITSELF THAT THE OVERALL COMPENSATION IS IN ACCORDANCE WITH THE BUSINESS PLAN OF THE INSTITUTION AND WITH GENERALLY ACCEPTED COMPENSATION LEVELS FOR COMPARABLE BUSINESSES. *TO CONDUCT PERIODIC REVIEWS OF THE INCENTIVE PLANS OF THE CENTER WHICH MAY BE IN PLACE FROM TIME TO TIME, AND SUBMIT RECOMMENDATIONS WITH RESPECT TO ANY AMENDMENTS TO, OR ANY PROPOSED AWARDS UNDER, SUCH PLANS TO THE BOARD ON ALL OTHER INCENTIVE COMPENSATION PLANS. *TO ASSIST THE BOARD IN CONNECTION WITH ISSUES RELATING TO SUCCESSION PLANNING, INCLUDING APPOINTING, TRAINING AND MONITORING THE DEVELOPMENT AND PERFORMANCE OF THE SENIOR OFFICERS OF THE CENTER. *THE COMMITTEE WILL OVERSEE REGULATORY COMPLIANCE AND INCLUDE AN ANNUAL REVIEW OF ALL ELEMENTS OF OFFICER COMPENSATION AND RECOMMEND DOCUMENTATION AND APPROVAL BY THE FULL BOARD IN A MANNER THAT IS DESIGNED TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER LAWS AND REGULATIONS APPLICABLE TO NON-PROFIT ORGANIZATIONS. *TO ASSEMBLE AND EVALUATE COMPARATIVE DATA BY OBTAINING, REVIEWING AND ASSIMILATING COMPARABLE COMPENSATION DATA WITH RESPECT TO CEO AND OFFICER LEVEL COMPENSATION POLICES FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS FOR ORGANIZATIONS OF COMPARABLE SIZE, GEOGRAPHIC LOCATION, COMMUNITY PRESENCE, INDUSTRY AND OTHER RELEVANT FACTORS. SUCH COMPARATIVE DATA SHALL BE SHARED WITH AND DISCUSSED BY THE FULL BOARD. *TO REVIEW AND ADVISE THE FULL BOARD ON ANY PROPOSED EMPLOYMENT AGREEMENT WITH, AND ANY PROPOSED SEVERANCE OR RETENTION PLANS OR AGREEMENTS APPLICABLE TO, ANY OFFICER OF THE INSTITUTION. IN ADDITION, THE COMMITTEE SHALL REVIEW AND ADVISE WITH RESPECT TO ANY SEVERANCE OR OTHER TERMINATION PAYMENTS PROPOSED TO BE MADE TO ANY SENIOR LEVEL OFFICER OF THE ORGANIZATION. *THE COMMITTEE WILL REPORT ITS ACTIVITIES TO THE BOARD IN SUCH MANNER AND SUCH TIMES AS THE COMMITTEE OR THE BOARD DEEM APPROPRIATE. *THE COMMITTEE WILL MAINTAIN CONTEMPORANEOUS DOCUMENTATION OF ITS DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARRANGEMENTS FOR THE CEO AND OTHER SENIOR OFFICERS OF THE CENTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND ITS FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT ACCOUNTANTS. THIS PROCESS HAS NOT CHANGED DURING THE YEAR. THE WANG CENTER FOR THE PERFORMING ARTS INC 270 TREMONT STREET BOSTON MA 02116 510197209 ARTS AND EDUCATION PROGRAMMING MA 501(C)(3) LINE 7 N/A 0 TREMONT THEATRE INC 270 TREMONT STREET BOSTON MA 02116 043317590 ARTS PROGRAMMING MA 501(C)(3) LINE 12A, I THE WANG CENTER FOR THE PERFORMING ARTS INC 0 WANG CENTER PRODUCTIONS INC 270 TREMONT STREET BOSTON MA 02116 043317595 ARTS PROGRAMMING MA 501(C)(3) LINE 12A, I THE WANG CENTER FOR THE PERFORMING ARTS INC 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 TREMONT THEATRE INC L 315271 THE WANG CENTER FOR THE PERFORMING ARTS INC L 78818 THE WANG CENTER FOR THE PERFORMING ARTS INC M 828777 SCHEDULE R, PART V, LINE 2: AMOUNTS INCLUDED AND DISCLOSED IN TRANSACTION TYPES L AND M ABOVE INCLUDED COMPONENTS OF LINES N, O, P AND Q. FOR TRANSACTION TYPES R AND S, THE RELATED PARTIES TRANSFER CASH BETWEEN ENTITITES ON AN AS NEEDED BASIS.