2020-11-13T18:44:11-06:00 2019-12-31 910189318 MOSS ADAMS LLP 4747 EXECUTIVE DR SUITE 1300 SAN DIEGO CA 92121 990 2019-01-01 951543396 OLD GLOBE THEATRE OLDG 6192311941 PO BOX 122171 SAN DIEGO CA 921122171 MICHELLE L YEAGER DIRECTOR OF FINANCE 6192311941 2020-11-13 1 PATRICIA J MAYER P00188643 8586271400 76.93.182.132 2020-11-13 18:43:01 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6B76EF6C5C90AF9682C9A74185CCBCF07F3880A4 2019 2021-01-29 14:40:06Z THE OLD GLOBE MICHELLE L YEAGER PO BOX 122171 SAN DIEGO CA 921122171 96365085 0 X WWW.THEOLDGLOBE.ORG X 1937 CA THE TONY AWARD-WINNING OLD GLOBE THEATRE IS THE SIXTH LARGEST REGIONAL THEATRE IN THE COUNTRY AND SAN DIEGO'S FLAGSHIP PERFORMING ARTS INSTITUTION SINCE 1937, WHEN A POPULAR VENUE FOR SHAKESPEARE'S WORK AT THE 1935-36 CALIFORNIA PACIFIC INTERNATIONAL EXPOSITION IN BALBOA PARK WAS ESTABLISHED AS A PERMANENT OPERATION. TODAY, THE OLD GLOBE PRODUCES A YEAR-ROUND SEASON OF 14 OR MORE PLAYS AND MUSICALS, INCLUDING WORLD PREMIERES, MODERN CLASSICS, NEW MUSICALS, BROADWAY-BOUND PRODUCTIONS AND A HIGHLY-REGARDED SUMMER SHAKESPEARE FESTIVAL. IN ADDITION TO THE ARTISTIC PROGRAMMING ON ITS THREE STAGES, WITH AUDIENCE CAPACITIES OF 600/600/250, THE GLOBE OFFERS A WIDE RANGE OF ARTS ENGAGEMENT AND HUMANITIES PROGRAMS THAT CONTRIBUTE TO THE GROWTH AND EDUCATION OF AUDIENCES AND THE COMMUNITY AT LARGE. 53 53 808 3540 -45820 -45820 8761167 76381618 16945723 18576181 110210 379381 125044 218122 25942144 95555302 123400 30188500 0 0 16521787 17715532 0 0 2235053 11582167 12944635 28227354 60848667 -2285210 34706635 43244548 76909174 9014729 7981740 34229819 68927434 X THE MISSION OF THE OLD GLOBE IS TO PRESERVE, STRENGTHEN AND ADVANCE AMERICAN THEATRE BY: CREATING THEATRICAL EXPERIENCES OF THE HIGHEST PROFESSIONAL STANDARDS; PRODUCING AND PRESENTING WORKS OF EXCEPTIONAL MERIT, DESIGNED TO REACH CURRENT AND FUTURE AUDIENCES; ENSURING DIVERSITY AND BALANCE IN PROGRAMMING; PROVIDING AN ENVIRONMENT FOR THE GROWTH AND EDUCATION OF THEATRE PROFESSIONALS, AUDIENCES AND THE COMMUNITY AT LARGE. 0 0 54694139 30062500 18639675 THE OLD GLOBE IS AT THE FOREFRONT OF THE NATION'S THEATRICAL PERFORMING ARTS ORGANIZATIONS, SETTING A STANDARD FOR EXCELLENCE IN AMERICAN THEATER BY PRODUCING HIGH-QUALITY PROFESSIONAL PRODUCTIONS YEAR-ROUND: INCLUDING WORLD PREMIERES, MODERN CLASSICS, NEW MUSICALS, BROADWAY-BOUND PRODUCTIONS, AND AN OUTDOOR SUMMER SHAKESPEARE FESTIVAL. IN 2019, THE GLOBE PRODUCED A TOTAL OF 14 THEATRICAL PRODUCTIONS, WITH 593 PERFORMANCES THAT PLAYED TO AN AUDIENCE OF 226,361, INCLUDING 196,355 PAID TICKETS AND 30,006 FREE ADMISSIONS, PRIMARILY DISTRIBUTED THROUGH NONPROFIT COMMUNITY ORGANIZATIONS. SEASON HIGHLIGHTS INCLUDED FOUR WORLD PREMIERES, INCLUDING KEN LUDWIG'S THE GODS OF COMEDY; WHAT YOU ARE; THE TALE OF DESPEREAUX; AND ALMOST FAMOUS, WHICH MADE HISTORY AS THE HIGHEST-GROSSING PRODUCTION EVER PUT ON BY THE GLOBE, REACHING TICKET SALES OF $2.7 MILLION.IN THE PAST 8 YEARS, THE OLD GLOBE HAS EXPANDED THE REACH AND SCOPE OF ITS ARTS ENGAGEMENT PROGRAMS IN PURSUIT OF THE GOAL OF BETTER SERVING THE PUBLIC GOOD. THIS IMPACT OF THIS WORK HAS DEEPLY TRANSFORMED THE GLOBE AND THE GLOBE'S RELATIONSHIPS WITH THE COMMUNITY, LEADING TO THE COMMON PERCEPTION THAT THE GLOBE IS A NATIONALLY LEADING THEATRE IN SERVING THE DEPTH AND BREADTH OF MANY CONSTITUENCIES.IN 2019, THE OLD GLOBE OFFERED 17 ARTS ENGAGEMENT, HUMANITIES, OR EDUCATION PROGRAMS WHICH SERVED OVER 35,000 YOUNG PEOPLE AND ADULTS FROM SAN DIEGO AND IMPERIAL COUNTIES. THE GLOBE'S FREE STUDENT MATINEE PROGRAM, WHICH OFFERS ADMISSION TO PROFESSIONAL GLOBE PRODUCTIONS AT NO COST, PROVIDED 11 DAYTIME PERFORMANCES OF REGULAR SEASON PRODUCTIONS WITH A TOTAL ATTENDANCE OF 6,843 STUDENTS AND TEACHERS. THE 22ND ANNUAL PRODUCTION OF "DR. SEUSS'S HOW THE GRINCH STOLE CHRISTMAS!" INCLUDED FOUR FREE STUDENT MATINEES, AS WELL AS A SPECIAL SENSORY-FRIENDLY MATINEE FOR 492 NEURODIVERSE CHILDREN AND THEIR FAMILIES, ESPECIALLY THOSE ON THE AUTISM SPECTRUM. A SEPARATE SENSORY-FRIENDLY MATINEE OF "THE TALE OF DESPEREAUX" WAS ALSO OFFERED, WITH 219 ATTENDEES. 126000 126000 A JOINT VENTURE OF THE OLD GLOBE AND THE UNIVERSITY OF SAN DIEGO, THE MASTER OF FINE ARTS IN ACTING PROGRAM NATIONALLY RECRUITS SEVEN STUDENTS EACH YEAR TO PARTICIPATE IN AN INTENSIVE TWO-YEAR, YEAR-ROUND COURSE OF GRADUATE STUDY IN CLASSICAL THEATRE. GRANTS ARE GIVEN TO THE STUDENTS TO COVER A SMALL PORTION OF MONTHLY LIVING EXPENSES. 54820139 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 310 0 1 808 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 53 53 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X MICHELLE L YEAGER 6192311941 1363 OLD GLOBE WAY SAN DIEGO CA 92101 ANN DAVIES BOARD VICE CHAIR 8.00 X 0 0 0 ANTHONY S THORNLEY BOARD TREASURER 8.00 0.50 X 0 0 0 DAPHNE H JAMESON BOARD MEMBER 4.00 X 0 0 0 DAVID JAY OHANIAN BOARD MEMBER 4.00 0.50 X 0 0 0 DEAN H THOMPSON BOARD MEMBER (THRU 08/19) 4.00 X 0 0 0 DEBRA TURNER BOARD MEMBER 4.00 X 0 0 0 DONALD L COHN BOARD PAST CHAIR 6.00 X 0 0 0 ELAINE BENNETT DARWIN BOARD PAST CHAIR 6.00 1.00 X 0 0 0 ELLISE COIT BOARD MEMBER 4.00 X 0 0 0 EVELYN MACK TRUITT BOARD MEMBER 4.00 X 0 0 0 EVELYN OLSON LAMDEN BOARD MEMBER 6.00 X 0 0 0 GEORGE S DAVIS BOARD MEMBER 6.00 X 0 0 0 HAROLD W FUSON JR BOARD MEMBER 6.00 0.50 X 0 0 0 JACK GALLOWAY BOARD MEMBER 4.00 X 0 0 0 JACQUELINE LEWIS BOARD MEMBER 4.00 X 0 0 0 JEAN SHEKHTER BOARD MEMBER 6.00 X 0 0 0 JO ANN KILTY BOARD MEMBER 4.00 X 0 0 0 JORDINE VON WANTOCH BOARD MEMBER 4.00 X 0 0 0 JULES ARTHUR BOARD MEMBER 4.00 X 0 0 0 KAREN L SEDGWICK BOARD MEMBER 4.00 X 0 0 0 KAREN TANZ BOARD MEMBER 6.00 X 0 0 0 KARIN WINNER BOARD MEMBER 4.00 X 0 0 0 KEVEN LIPPERT BOARD MEMBER 4.00 X 0 0 0 KIM NEAPOLE BOARD MEMBER (THRU 10/19) 4.00 X 0 0 0 LYNNE WHEELER BOARD MEMBER 4.00 X 0 0 0 MARK DELFINO BOARD MEMBER 4.00 0.50 X 0 0 0 MARY BETH ADDERLEY BOARD MEMBER 4.00 X 0 0 0 MICHAEL TAYLOR BOARD MEMBER 4.00 X 0 0 0 MUFFY WALKER BOARD MEMBER 4.00 X 0 0 0 NICOLE A CLAY BOARD CHAIR 15.00 X 0 0 0 NISHMA HELD BOARD MEMBER 4.00 X 0 0 0 NOELLE NORTON PHD BOARD MEMBER 4.00 X 0 0 0 PAM WAGNER BOARD MEMBER 4.00 X 0 0 0 PAMELA A FARR BOARD MEMBER 6.00 0.50 X 0 0 0 PAMELA MAUDSLEY-MERRILL BOARD MEMBER (AS OF 10/19) 4.00 X 0 0 0 PAULA POWERS BOARD SECRETARY 8.00 X 0 0 0 PETER J COOPER BOARD MEMBER 6.00 X 0 0 0 RENEE WAILES BOARD MEMBER 4.00 X 0 0 0 RHONA THOMPSON BOARD MEMBER 4.00 X 0 0 0 RICHARD ESGATE BOARD MEMBER 4.00 X 0 0 0 ROBERT FOXWORTH BOARD MEMBER 4.00 X 0 0 0 RUBEN ISLAS BOARD MEMBER 4.00 X 0 0 0 SANDRA REDMAN BOARD MEMBER 4.00 X 0 0 0 SCOTT W SCHMID BOARD MEMBER 4.00 0.50 X 0 0 0 SEAN T ANTHONY BOARD MEMBER 4.00 X 0 0 0 SHEILA LIPINSKY BOARD MEMBER 4.00 X 0 0 0 SHERYL WHITE BOARD MEMBER 6.00 X 0 0 0 SILVIJA DEVINE BOARD MEMBER 4.00 X 0 0 0 STELLA LARSEN BOARD MEMBER 4.00 X 0 0 0 STEPHANIE R BULGER PHD BOARD MEMBER 6.00 X 0 0 0 STEPHEN P EMBRY BOARD MEMBER (THRU 02/19) 6.00 X 0 0 0 SUE SANDERSON BOARD MEMBER 6.00 X 0 0 0 SUSAN HOEHN BOARD MEMBER 4.00 X 0 0 0 TERRY ATKINSON BOARD MEMBER 6.00 0.50 X 0 0 0 THOMAS MELODY BOARD MEMBER 4.00 X 0 0 0 VICKI L ZEIGER BOARD PAST CHAIR 6.00 1.00 X 0 0 0 BARRY EDELSTEIN ARTISTIC DIRECTOR 40.00 X 443269 0 37844 TIMOTHY SHIELDS MANAGING DIRECTOR 40.00 X 442885 0 32464 DAVID HENSON DIRECTOR OF MARKETING 40.00 X 180918 0 5481 MICHELLE YEAGER DIRECTOR OF FINANCE 40.00 X 148671 0 13233 ROBERT DRAKE SENIOR PRODUCER 40.00 X 148671 0 15695 AMY ALLISON GENERAL MANAGER 40.00 X 105548 0 11837 LLEWELLYN CRAIN DIRECTOR OF PHILANTHROPY 40.00 X 209502 0 35225 RYAN OSBORN MASTER ELECTRICIAN 40.00 X 126081 0 323 FREEDOME BRADLEY-BALLENTINE DIRECTOR OF ARTS ENGAGEMENT 40.00 X 119094 0 39118 BENJAMIN THORON PRODUCTION MANAGER 40.00 X 118321 0 12914 DEAN YAGER INFORMATION TECHNOLOGY DIRECTOR 40.00 X 116212 0 14587 2159172 0 218721 15 0 1 0 0 1223565 303034 620612 74234407 29193625 76381618 ADMISSIONS 900099 14216308 14216308 ENHANCEMENT REVENUE 900099 4228323 4228323 OTHER REVENUE 900099 119393 119393 EDUCATIONAL PROGRAMS 611600 12157 12157 18576181 379381 379381 25218 25218 7853 78261 0 -78261 7853 -70408 -45820 -24588 118443 1223565 360813 -242370 -242370 876391 370709 505682 63494 442188 95555302 18639675 -45820 579829 30062500 30062500 126000 126000 1586517 673111 597773 315633 12913474 11084609 771471 1057394 767015 735257 13335 18423 1171363 1068517 41314 61532 1277163 1088884 93345 94934 36509 10674 25835 203161 203161 1873551 1522570 340663 10318 785940 774742 8361 2837 639543 450000 128737 60806 323808 14288 309520 772559 772559 555353 476974 78379 474166 455956 13868 4342 16687 8308 6288 2091 47479 47479 1646938 1327224 319714 863376 669429 177308 16639 PRODUCTION 2779041 2779041 BANK CHARGES 435255 433428 1827 CATERING 310090 104949 272 204869 MAINTENANCE 295769 245019 50750 885410 322049 179953 383408 60848667 54820139 3793475 2235053 197086 1134242 8239904 11715186 8648706 7940018 451596 149229 153312 138263 536906 1107762 47741481 25443680 23593788 22297801 564306 2576964 858944 29849709 43244548 76909174 2183042 2667846 4331001 2985585 2500686 2328309 9014729 7981740 X 20221311 26382646 14008508 42544788 34229819 68927434 43244548 76909174 34706635 -9020 0 X 0 1 X 1 0 X 10107038 13416751 10075651 8761167 10426167 52786774 14008920 14858375 14016151 17398696 19073878 79356020 24115958 28275126 24091802 26159863 29500045 132142794 5296018 4186485 4576391 4775934 3779321 22614149 0 5296018 4186485 4576391 4775934 3779321 22614149 109528645 258307 275871 248980 192805 412452 1388415 20172 16696 36868 278479 292567 248980 192805 412452 1425283 339532 364547 420993 474326 442188 2041586 24733969 28932240 24761775 26826994 30354685 135609663 0.80770 0.80930 0.01050 0.00910 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2015 AMOUNT: $ 339,532. 2016 AMOUNT: $ 364,547. 2017 AMOUNT: $ 420,993. 2018 AMOUNT: $ 474,326. 2019 AMOUNT: $ 442,188. SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: UNUSUAL GRANT DATE: 12/31/19 AMOUNT: 65955451. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 705094 130188 835282 641228 100500 -36634 705094 572448 68780 641228 438797 93416 40235 572448 446429 2960 -10592 438797 0.32950 0.66630 0.00420 1 0 1750000 1750000 5426173 2851270 2574903 34387492 17695057 16692435 6177816 4897353 1280463 22297801 INVESTMENT IN LIMITED PARTNERSHIP 28955451 CRT AND ENDOWMENT INVESTMENTS 162406 CHARITABLE REMAINDER TRUST 731852 29849709 X 98529566 -9020 786108 32259676 33036764 65492802 30062500 30062500 95555302 32382058 786108 809783 1595891 30786167 30062500 30062500 60848667 PART V, LINE 4: THE ORGANIZATION CONTINUES RAISING FUNDS DIRECTLY FOR THE ENDOWMENT WITH THE INTENT THAT A 5% ANNUAL DRAW WILL COVER THE STRUCTURAL DEFICIT BETWEEN EARNED/CONTRIBUTED REVENUE AND EXPENSE NEEDED TO FULFILL ITS MISSION. PART X, LINE 2: THE OLD GLOBE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE OLD GLOBE MAY BE SUBJECT TO FEDERAL OR STATE INCOME TAXES ON UNRELATED BUSINESS INCOME. FOR EACH OF THE YEARS ENDED DECEMBER 31, 2019 AND 2018, NO PROVISION FOR SUCH TAXES IS REQUIRED. THE OLD GLOBE HAS NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF DECEMBER 31, 2019 AND 2018. THE OLD GLOBE FILES AN EXEMPT ORGANIZATION RETURN IN THE UNITED STATES FEDERAL JURISDICTION AND WITH THE FRANCHISE TAX BOARD IN THE STATE OF CALIFORNIA. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 360,813. COST OF GOODS SOLD 370,709. CONSOLIDATED ENDOWMENT REVENUE 31,809,988. RENTAL EXPENSE RECLASS 78,261. CONSOLIDATED ELIMINATION ENTRY -360,095. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONSOLIDATED ELIMINATION ENTRY 30,062,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 360,813. COST OF GOODS SOLD 370,709. CONSOLIDATED ENDOWMENT EXPENSES 360,095. RENTAL EXPENSE RECLASS 78,261. CONSOLIDATED ELIMINATION ENTRY -360,095. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONSOLIDATED ELIMINATION ENTRY 30,062,500. GALA 1342008 1223565 118443 360813 1342008 1223565 118443 360813 360813 -242370 1 OLD GLOBE ENDOWMENT TRUST PO BOX 122171 SAN DIEGO CA 921122171 336125358 501(C)(3) 30062500 GRANT TO SUPPORTING ORGANIZATION TO HOLD AS ENDOWMENT 1 UNIVERSITY OF CALIFORNIA, SAN DIEGO, MASTERS OF ARTS PROGRAM 21 126000 FAIR MARKET VALUE N/A PART I, LINE 2: GRANTS/STIPENDS ARE GIVEN TO GRADUATE STUDENTS IN AN MFA PROGRAM RUN JOINTLY BY THE UNIVERSITY OF SAN DIEGO AND OLD GLOBE THEATRE. THE STIPENDS' PURPOSE FOR MFA STUDENTS IS TO COVER A SMALL PORTION OF MONTHLY LIVING EXPENSES OVER A TWO YEAR COURSE. PART I, LINE 2: GRANTS ARE PAID TO THE OLD GLOBE ENDOWMENT TRUST, WHICH IS A SUPPORTING ORGANIZATION OF THE OLD GLOBE THEATRE, TO HOLD AS ENDOWMENT AND ARE APPROVED BY THE BOARD OF DIRECTORS. X X X 0 0 0 0 0 0 0 1 0 BARRY EDELSTEIN ARTISTIC DIRECTOR 343269 0 100000 0 0 0 8400 0 29444 0 481113 0 0 0 TIMOTHY SHIELDS MANAGING DIRECTOR 342885 0 100000 0 0 0 8400 0 24064 0 475349 0 0 0 DAVID HENSON DIRECTOR OF MARKETING 180918 0 0 0 0 0 5427 0 54 0 186399 0 0 0 MICHELLE YEAGER DIRECTOR OF FINANCE 148671 0 0 0 0 0 3305 0 9928 0 161904 0 0 0 ROBERT DRAKE SENIOR PRODUCER 148671 0 0 0 0 0 4460 0 11235 0 164366 0 0 0 LLEWELLYN CRAIN DIRECTOR OF PHILANTHROPY 209502 0 0 0 0 0 6285 0 28940 0 244727 0 0 0 FREEDOME BRADLEY-BALLENTINE DIRECTOR OF ARTS ENGAGEMENT 119094 0 0 0 0 0 3573 0 35545 0 158212 0 0 0 PART I, LINE 7 NONDISCRETIONARY BONUS PAYMENTS WERE PAID BASED ON PERSONS MEETING GOALS SET BY AND APPROVED BY BOARD OF DIRECTORS. A OLD GLOBE THEATRE 951543396 2010-08-12 3802430 REPAYMENT OF EXISTING NOTES PAYABLE 0 0 0 A 3802430 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 X 39077 COST X 15 157940 AVG. PRICE X UNITS IN LIMITED PARTNERSHIP 1 28955451 FMV X FOOD AND BEVERAGE 8 44349 COST X JEWLERY 2 8310 COST X OTHER 2 6970 COST 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CLASS OF MEMBERSHIP, WHICH DOES NOT ELECT MEMBERS OF THE GOVERNING BODY. SIGNIFICANT DECISIONS ARE MADE BY THE BOARD. NO ONE RECEIVES A SHARE OF THE ORGANIZATION'S PROFITS OR EXCESS DUES UPON DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS ONE CLASS OF MEMBERSHIP WHO HAVE THE RIGHT TO ELECT OFFICERS AS PROPOSED TO THEM BY THE NOMINATING COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B DIRECTOR OF FINANCE (CORPORATE OFFICER) AND TAX PREPARER COMPLETE 990, WHICH IS REVIEWED BY THE MANAGING DIRECTOR. AFTER MANAGEMENT'S APPROVAL OF THE 990, EACH MEMBER OF THE BOARD OF DIRECTORS IS PROVIDED ACCESS TO THE PUBLIC DISCLOSURE COPY OF THE 990 PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE OLD GLOBE IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IF A CONFLICT ARISES, THAT BOARD MEMBER CAN NOT VOTE ON THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE CONTRACTS FOR THE ARTISTIC AND MANAGING DIRECTORS ARE NEGOTIATED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THEIR PROCESS INCLUDES A PERSONNEL APPRAISAL , CONSIDERATION OF THE THEATRE COMMUNICATIONS GROUP'S SALARY SURVEY AS WELL AS PEER DISCUSSION WITH BOARDS OF OTHER MAJOR PERFORMING ARTS INSTITUTIONS. THE MOST RECENT CONTRACT FOR THE MANAGING DIRECTOR COVERS 10/17/17-12/31/20. THE MOST RECENT CONTRACT FOR THE ARTISTIC DIRECTOR COVERS 1/1/16-12/31/20. A WRITTEN SUBSTANTIATION IS HELD IN THE FILES OF THE ORGANIZATION'S INDEPENDENT ATTORNEY. THE SALARY OF THE DIRECTOR OF FINANCE IS APPROVED BY THE EXECUTIVE COMMITTEE. THE MANAGING DIRECTOR USES THE ORGANIZATION'S FORMAL APPRAISAL PROCESS, ON-GOING EVALUATIONS, AND COMPARABILITY INFORMATION FROM THE ANNUAL THEATRE COMMUNICATIONS GROUP SALARY SURVEY FOR EACH CORPORATE OFFICER AND/OR KEY EMPLOYEE. POSITIONS INCLUDE DIRECTOR OF ADMINISTRATION, DIRECTOR OF PRODUCTION, DIRECTOR OF ARTS ENGAGEMENT, DIRECTOR OF DEVELOPMENT, DIRECTOR OF HUMAN RESOURCES, DIRECTOR OF MARKETING, AND DIRECTOR OF FINANCE. THIS ANNUAL PROCESS HAS BEEN IN PLACE SINCE YEAR-BEGINNING 2004. CONTEMPORANEOUS SUBSTANTIATION IS A FINAL NEW SALARIES DOCUMENT WHICH IS SIGNED BY THE MANAGING DIRECTOR AND DIRECTOR OF HUMAN RESOURCES, THEN FORWARDED TO HUMAN RESOURCES AND PAYROLL FOR IMPLEMENTATION. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. OLD GLOBE ENDOWMENT TRUST PO BOX 122171 SAN DIEGO CA 921122171 336125358 509(A)(3) SUPPORT ORGANIZATION OF OLD GLOBE CA 501(C)(3) 12A N/A 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 GRANT FROM OLD GLOBE ENDOWMENT C 303034 BOARD APPROVED GRANT TO OLD GLOBE ENDOWMENT B 30062500 BOARD APPROVED