2019-01-16T12:11:12-07:00 2018-08-31 990 2017-09-01 911077130 VILLAGE THEATRE VILL 4253921942 303 Front St North Issaquah WA 98027 Robert W Hunt Executive Producer 4253921942 2019-01-16 173.160.217.129 2017 2019-02-21 02:37:17Z Robert W Hunt 303 Front St North Issaquah WA 98027 14034187 0 X www.villagetheatre.org X 1979 WA To inspire and enlighten audiences in the Pacific Northwest through professional, top quality live theatre productions; train young people in theatre skills for enriched lives; and support the growth of the musical theatre art form through the development of relevant and significant new works. 27 27 615 980 0 0 2432576 3820644 9438792 9488100 4260 11214 444629 463873 12320257 13783831 0 0 8488833 9093047 21025 48803 827548 3972212 4090205 12482070 13232055 -161813 551776 14988580 15129864 6741655 6298008 8246925 8831856 To be a regionally recognized and nationally influential center of excellence in family theatre: To promote a season of top quality productions; To commission and produce new musicals that achieve national exposure; To train young people in theatre skills for career opportunities and enriched lives; To develop a broad based appreciation for live theatre; To promote positive values through art. 0 0 8882566 0 7559272 Mainstage productions focus on excellence in family theatre, developing a broad based appreciation for live theatre and promoting positive values through art. A Mainstage season of four musicals and one play are produced from September to August at two venues in Issaquah and Everett, Washington. Attendance was 150,590 at 386 performances. 721487 0 74719 Village Originals is a mission driven program to commission and produce new musicals that achieve national exposure. Through the Village Originals program, new works are produced to various degrees in collaboration with the show's creators. This process helps to foster the growth of new musicals in America and around the world. Over 4,600 people attended Village Originals programming throughout the year which includes the Festival of New Musicals and the Beta Series. The Festival, held annually in Issaquah, WA, features readings and discussion of six new musicals over a three day period. The Beta Series is a series of three developmental performances. A Beta Series performance may be a developmental production with minimal sets and costumes or an advanced stage reading with no sets or costumes. Both experiences help the creative team see how their production does in front of a live audience. Village Theatre is one of only a handful of professional theatre companies throughout the country that commissions and develops new musicals. Village Theatre's reputation in this arena continues to grow on a national and international level. The Village Originals program also hosts residencies for writers with uncompleted scripts, which aims to give them dedicated, focused time to develop further ideas, general materials, and test drafts with professional actors, while receiving constant feedback and dramaturgical support. 1410885 0 1283923 KIDSTAGE trains young people in theatre skills for career opportunties and enriched lives by offering classes and performance opportunities. KIDSTAGE education programs consist of year-round classes and camps; and performance opportunities in two locations: Issaquah and Everett, Washington. Enrollment in classes was 3,000 students. KIDSTAGE produced 10 musicals throughout the year between both locations. An audience of 17,184 attended 90 performances. Some of the performance opportunities are provided at no cost to the students; while others are tuition based. 295231 225417 The Pied Piper program brings live theatre to young children and school groups, which fosters an appreciation for the arts, promotes family theatre and provides educational opportunties. Pied Piper brings the best of touring theatre shows for children to two venues in Everett and Bellevue, Washington. Shows are selected based on educational focus and suitability to foster appreciation for live theatre in children. An audience of 21,389 attended 40 performances, including many that were offered to school groups. 2,534 students attended inschool workshops that were presented to help enhance the student's experience prior to attending the performance at the theatre. 99653 0 344769 The Everett Performing Arts Center is a separate live theatre facility located in Everett, WA. In addition to our Mainstage productions Village Theatre facilitates a variety of on-stage experiences for Everett audiences, including local chorale groups and children's plays. Over 70,000 patrons attended events during the year. Expenses include direct expenses associated only with outside arts programming and do not include expenses for Village Theatre programs which are required under the management contract with the City of Everett and which are included elsewhere in the program/service accomplishments. 0 0 0 During 2017, the Theatre continued a capital campaign. During the course of the campaign, the campaign proceeds were used to purchase land, build a new scene, prop and paint shops (Technical Studios), reconstruct First Stage Theatre, convert an Everett City building into a theatre and educational facility (Cope Gillette Theatre), and cover the cost of the campaign. The campaign goal as of August 31, 2018 is $10 million. As of August 31, 2018, $9.8 million had been pledged or given towards the goal. During 2015, the Theatre launched an endowment campaign as part of the Board's long-term strategic plan to grow the endowment to help provide future financial stability. As of August 31, 2018, the balance of fund was $734,154 which represents the corpus and accumulated unspent earnings on investments. 394884 0 570186 11409822 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 75 0 1 615 1 0 0 0 0 0 1 1 1 1 0 0 0 0 0 X 27 27 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X X X Diane Wright 4253921942 303 Front St North Issaquah WA 98027 Dan Anderson Board Member 3 0 X 0 0 0 Aaron Coe Board Member 3 0 X 0 0 0 Eric Emans Board Member 3 0 X 0 0 0 Leigh Flor Treasurer 5 0 X X 0 0 0 Amy Gibart Board Member 3 0 X 0 0 0 Heather Goff Vice President - Strategic Fundraising 5 0 X X 0 0 0 Lissa Griffith Board Member 3 0 X 0 0 0 Lynn Juniel Board Member 3 0 X 0 0 0 Lynnda Kilpatrick Board Member 3 0 X 0 0 0 Jill Klinge Secretary 5 0 X X 0 0 0 Twyla Lucas Board Member 3 0 X 0 0 0 Gerald Magnani Board Member 3 0 X 0 0 0 Lisa McQueen Board Member 3 0 X 0 0 0 Bill McSherry Board Member 3 0 X 0 0 0 Beth Meidinger President 5 0 X X 0 0 0 Amy Murray Board Member 3 0 X 0 0 0 J Patrick Ostrander Board Member 3 0 X 0 0 0 Leslie Peng Board Member 3 0 X 0 0 0 Matt Poischbeg Board Member 3 0 X 0 0 0 Kevin Price Board Member 3 0 X 0 0 0 Willaim Rall Board Member 3 0 X 0 0 0 Lydia Rapidah-Johnson Board Member 3 0 X 0 0 0 John Seethoff Board Member 3 0 X 0 0 0 Ann Thornton Board Member 3 0 X 0 0 0 Derek Watanabe Vice President - Board Development 5 0 X X 0 0 0 Bruce Wanta Past President 5 0 X 0 0 0 Judy Yu Board Member 3 0 X 0 0 0 Chuck Dennis Board Member 3 0 X 0 0 0 Mark Wert Board Member 3 0 X 0 0 0 Robert W Hunt Executive Producer 50 0 X 208297 0 17935 Diane Wright Director of Finance 50 0 X 101508 0 23315 Steve Tomkins Artistic Director 40 0 X 125999 0 11691 435804 0 52941 3 0 1 0 0 0 0 578226 0 221334 3021084 36641 3820644 Mainstage 711110 7559272 7559272 0 0 KIDSTAGE 711110 1283923 1283923 0 0 Pied Piper 711110 225417 225417 0 0 Village Originals 711110 74719 74719 0 0 Everett Performing Arts Center 711110 344769 344769 0 0 0 0 0 0 9488100 11064 11064 0 0 0 0 0 0 8651 8651 0 0 224687 0 42326 0 182361 0 182361 182361 0 0 0 887 0 737 0 150 150 0 0 150 312454 578226 143947 168507 0 168507 170483 63346 107137 0 0 107137 Insurance Proceeds Adjustment from Prior Year Claim 524121 -2783 0 0 -2783 0 0 0 0 -2783 13783831 9690176 0 273011 357399 160830 150619 45950 7177361 6347558 329955 499848 239681 228946 10735 601854 572389 14611 14854 716752 613383 54545 48824 34740 34665 75 48803 48803 850378 810748 3400 36230 171199 138710 25079 7410 117673 26024 84619 7030 724600 724600 647498 468503 171589 7406 250235 204507 12231 33497 53587 18279 31248 4060 3179 3179 434509 363016 58075 13418 55692 46302 7804 1586 Youth Outreach 115081 113282 1799 0 Sets and Costumes 375026 374590 397 39 Fundraising expense 58518 0 0 58518 Credit card processing fees 198290 198155 135 13232055 11409822 994685 827548 469224 266268 1869702 1492623 888169 1072215 42837 47793 1197734 1317621 16800025 6615835 10412159 10184190 93755 734154 15000 15000 14988580 15129864 501071 286371 4329970 4172740 1910614 1838897 6741655 6298008 X 7793833 7353464 400661 765647 52431 712745 8246925 8831856 14988580 15129864 551776 33155 0 0 0 0 X 0 1 X 1 0 X 2234801 2164862 2255706 2432576 3820644 12908589 8407925 9165988 9253723 9899412 9971037 46698085 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10642726 11330850 11509429 12331988 13791681 59606674 319553 266075 183567 172508 1204059 2145762 175000 175000 319553 266075 358567 172508 1204059 2320762 57285912 223603 202919 208195 236178 245289 1116184 0 0 0 0 0 0 223603 202919 208195 236178 245289 1116184 0 0 0 0 0 0 0 0 0 8038 -2783 5255 10866329 11533769 11717624 12576204 14034187 60728113 0.94332 0.9479 0.01838 0.0191 X Schedule A, Part III, Line 12 Other income of ($2,783) represents an adjustment on insurance proceeds from a claim on the building awning that was hit by a delivery truck in 2016. 93755 600314 40086 0 0 0 734155 31511 46000 16244 0 0 0 93755 30059 0 1452 0 0 0 31511 28246 0 1813 0 0 0 30059 16431 0 11815 0 0 0 28246 0.02 0.98 0 0 0 0 1848762 1848762 0 10453306 3558419 6894887 0 1606171 700009 906162 0 2884864 2351680 533184 0 6922 5727 1195 10184190 14325314 33155 258709 0 249619 541483 13783831 0 0 0 13783831 13740383 258709 0 0 249619 508328 13232055 0 0 0 13232055 Schedule D, Part V, Line 4 The Theatre's endowment consists of donor restricted funds established for general operations, youth education, Village Originals and a board quasi-endowment. The purpose of the endowment is to grow the corpus and earnings to levels that will help provide financial stability for the organization. Schedule D, Part XI, Line 2d Reconciling adjustments: Rental expenses $42,326; Cost of Goods Sold $63,346; Direct expenses from fundraising events $143,947 Schedule D, Part XII, Line 2d Reconciling adjustments: Rental expenses $42,326; Cost of Goods Sold $63,346; Direct expenses from fundraising events $143,947 X X X X X X X 1 Sara Behrman 6167 SW Miles Court Portland OR 97219 Contracted grant writer 0 865845 20177 845668 Jason Atherton 4621 N 18th St Tacoma WA 98406 Telefund campaign manager 0 228471 28625 199846 1094316 48802 1045514 WA Gala and Auction 638432 381884 256548 0 0 9614 74563 1800 30700 Sing It Forward 252248 196342 55906 0 0 0 0 1281 25989 0 890680 578226 312454 0 0 9614 74563 3081 56689 143947 168507 X X X X 0 0 0 0 0 0 0 0 0 Robert W Hunt Executive Producer 208297 0 0 0 0 0 6423 0 11512 0 226232 0 0 0 Megan Adams Daughter of Executive Producer 41500 KIDSTAGE instructor and Part Time Development Associate 0 Patrick Ostrander Son of Board Member 27064 Administrative Assistant 0 Joell Weil Daughter of Board Member 14701 Actor on Mainstage 0 X Laptop Computers 15 6000 Fair Market Value X Copier 1 9000 Fair Market Value X Inkind fundraising expenses 10 21641 Fair Market Value 1 0 1 0 Form 990, Part VI, Section A, Line 4 Article Six and Article Nine of the by-laws were amended to reflect changes that extend the term of the Board President to 3 years; and update voting procedures to include electronic voting. The amended articles are as follows: ARTICLE SIX 1. The officers of the Corporation shall be a President, a Vice-President(s), a Secretary, a Treasurer, and such other Officers as the Board may elect. A President-Elect shall be elected at least one year prior to taking office as President. The President-Elect may hold another office concurrently. The President shall hold office for a term of three years unless the Board of Directors shall set another length of term at the time of their election. All other Officers shall hold office for a term of two years unless the Board of Directors shall set another length of term at the time of their election. Officers shall begin serving their terms of office immediately following the Annual Meeting at which they are elected. ARTICLE NINE Any action, required or permitted to be taken at any meeting of the Board of Directors, may be taken without a meeting if prior to such action, a written consent thereto is signed by all of the Directors entitled to vote on the action, and such written consent is filed with the Minutes of proceedings of the Board. A consent sent by electronic mail shall be considered a signed consent for purposes of this Article. Such consent shall have the same force and effect as a unanimous vote. Form 990, Part VI, Section B, Line 11b At the November board meeting the board assigns responsibility for formal review of the 990 to the finance committee and authorizes the executive committee to approve the return for filing. They also authorize the Executive Producer to sign the return. The formal review is scheduled for the January finance committee meeting. Any board members who are not members of the finance committee who are interested in formally reviewing the return are invited to attend the meeting. Prior to the January finance committee meeting, management emails the completed return to all voting board members. Any feedback or comments are discussed and approved by the committee. The Treasurer leads the review process and the preparer, a licensed CPA, is on hand to answer questions. At the January executive committee meeting the finance committee recommends approval by the executive committee who is authorized to act on behalf of the full board. After approval by the executive committee, management electronically files the return with the IRS. Form 990, Part VI, Section B, Line 12c Annually the board is given a copy of the Conflict of Interest policy and then asked to sign a certificate of acknowledgement that affirms that they have read and understand the policy and have agreed to comply with the articles of the policy. Additionally, the board annually fills out a board questionnaire that inquiries about family or business relationships that may be potential conflicts, as well as, inquiring about business transactions and compensation. Form 990, Part VI, Section B, Line 15 For the fiscal year ending 8/31/18, the executive committee and the board of directors of Village Theatre established an executive compensation and performance review committee. This committee meets twice a year with the Executive Producer and reviews goals and performance. The committee evaluates the CEO salaries at comparable theatres in the National Alliance for Musical Theatre salary survey and selected 990 tax returns for regional theatres in the Seattle area and around the country. The committee brings their compensation recommendations to the executive committee, who then brings the CEO's compensation package to the full board for approval. Other key employee's salaries are presented at the finance committee for review as part of the annual budgeting process which is approved by the full board. Form 990, Part VI, Section C, Line 19 The organization makes governing documents, conflict of interest policy and financial statements available to the public upon request. Additionally, audited financial statements and 990's are posted on Village Theatre's website and are available to the public for download. The 990 is also posted on Guidestar. Each year the organization produces an annual report that provides summary financial information. The annual report is also mailed to select donors; is available to the public upon request and posted on the website.