2019-09-16T13:02:03-05:00 2018-10-31 BKD LLP 14241 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 990 2017-11-01 751104793 Dallas Summer Musicals Inc % VICKY MARTINEZ DALL 2144215678 909 1st Avenue Dallas TX 75210 VICKY MARTINEZ VP OF FINANCE 2144215678 2019-09-16 true Jeanette Verrelli P00742631 9727028262 167.68.126.162 75465920192595000179 2019-09-16 P ACBA2431EF37DEF71821A9057AFD5F2E9C389335 EB976710118F518B8933A72D91D1D85239D99EDA 2017 2019-02-21 02:37:17Z X KENNETH NOVICE 909 1ST AVENUE DALLAS TX 75210 26904558 false X DALLASSUMMERMUSICALS.ORG X 1941 TX TO EDUCATE THE PUBLIC IN MUSIC APPRECIATION AND FINE ARTS, INCLUDING THE PRESENTATION OF MUSICAL THEATER AND OTHER SHOWS WITH EDUCATIONAL VALUE. 128 128 81 400 0 0 1799149 2721593 9733453 23929395 -6724 -158 167730 -123234 11693608 26527596 60000 55000 0 0 2032187 2122655 0 0 1014920 8967347 22814980 11059534 24992635 634074 1534961 3169491 6347372 3620239 4250429 -450748 2096943 TO EDUCATE THE PUBLIC IN MUSIC APPRECIATION AND FINE ARTS, INCLUDING THE PRESENTATION OF MUSICAL THEATER AND OTHER SHOWS WITH EDUCATIONAL VALUE. false false 22065504 55000 24107936 DALLAS SUMMER MUSICALS (DSM) IS THE PREEMINENT NON-PROFIT PRESENTER OF BROADWAY THEATER IN NORTH TEXAS. DSM PRODUCES, PRESENTS AND PROMOTES EXCELLENCE IN LIVE MUSICAL THEATRE WITH YEAR-ROUND PERFORMANCES FOR DIVERSE AUDIENCES OF ALL AGES. THESE SHOWS IMPACT THE LIVES OF CHILDREN AND FAMILIES THROUGH COMMUNITY OUTREACH AND EDUCATION IN MUSIC APPRECIATION AND FINE ARTS. DSM ENRICHES THE CULTURAL LANDSCAPE OF DALLAS/FORT WORTH, NORTH TEXAS AND THE SOUTHWEST REGION. 22065504 true true false false false false false false false false true false false true true false false true false false false false false false true false false false true true false false false false false false false false true false false false true true true true false false true 61 0 81 true false false false false false true true false false false false X 128 128 true false false false false false false true true false false false true true true true true true true true true X VICKY MARTINEZ 2144215678 909 1ST AVENUE DALLAS TX 75210 X TED MUNSELLE Exec Committee 2.0 0.0 X 0 0 0 ROBERT J WITTE SECRETARY/Director 4.0 1.0 X X 0 0 0 DAVID DIENES TREASURER/Director 4.0 2.0 X X 0 0 0 RANDY WRIGHT CHAIRman/Director 4.0 0.0 X X 0 0 0 NANCY NATINSKY Exec Committee 2.0 0.0 X 0 0 0 JANE SCHOEN chair elect/Director 4.0 1.0 X X 0 0 0 DOWNIE MATHIS Exec Committee 2.0 1.0 X 0 0 0 TOM WATSON Exec Committee 2.0 0.0 X 0 0 0 JOSHUA CURLETT Exec Committee 2.0 0.0 X 0 0 0 DORSEY BASKIN Exec Committee 2.0 0.0 X 0 0 0 SCOTT COLLIER Exec Committee 2.0 0.0 X 0 0 0 ANDREW MEYERCORD Exec Committee 2.0 0.0 X 0 0 0 BARRY EPSTEIN Exec Committee 2.0 1.0 X 0 0 0 BRAD CHEVES director 1.0 0.0 X 0 0 0 CHRIS MCRORIE Exec Committee 2.0 0.0 X 0 0 0 BRYAN FEARS EXEC COMMITTEE 2.0 0.0 X 0 0 0 CRAIG ONGLEY EXEC COMMITTEE 2.0 0.0 X 0 0 0 GARY E GRIFFITH EXEC COMMITTEE 2.0 0.0 X 0 0 0 HOLLY REEVES EXEC COMMITTEE 2.0 0.0 X 0 0 0 JAMES PITTS director 1.0 0.0 X 0 0 0 JANICE Z DAVIS EXEC COMMITTEE 2.0 0.0 X 0 0 0 KIMBERLY YAMANOUCHI EXEC COMMITTEE 2.0 0.0 X 0 0 0 M CHRISTOPHER WILLIAMS EXEC COMMITTEE 2.0 0.0 X 0 0 0 PATTI FLOWERS EXEC COMMITTEE 2.0 0.0 X 0 0 0 RICK ROGERS EXEC COMMITTEE 2.0 0.0 X 0 0 0 SALLY HOGLUND EXEC COMMITTEE 2.0 0.0 X 0 0 0 SCOTT G NIGHT EXEC COMMITTEE 2.0 0.0 X 0 0 0 STANLEY GARDNER EXEC COMMITTEE 2.0 0.0 X 0 0 0 STEVE WATSON Director 1.0 0.0 X 0 0 0 MATTHEW BEARD Exec Committee 2.0 0.0 X 0 0 0 JOHN R CLUTTS Exec Committee 2.0 0.0 X 0 0 0 ALFONSO PINO III director END: 9/18 1.0 0.0 X 0 0 0 AMOS MAZZANT DIRECTOR 1.0 0.0 X 0 0 0 ANDY STEINGASSER DIRECTOR 1.0 0.0 X 0 0 0 ANNE HUGHES DIRECTOR 1.0 0.0 X 0 0 0 APRIL BOSWORTH DIRECTOR 1.0 0.0 X 0 0 0 BILLIE LEIGH RIPPEY DIRECTOR 1.0 0.0 X 0 0 0 BRUCE MCSHAN DIRECTOR 1.0 0.0 X 0 0 0 CAROL MAXCEY DIRECTOR 1.0 0.0 X 0 0 0 CAROLYN BEEBE Exec Committee 2.0 0.0 X 0 0 0 CHARLES MARTIN DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 CHARLES MORRIS DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 CHARLES PIERCE JR DIRECTOR 1.0 0.0 X 0 0 0 CHARLOTTE SHARPE DIRECTOR 1.0 0.0 X 0 0 0 CHRISTINE GANCARZ DIRECTOR 1.0 0.0 X 0 0 0 CHRISTOPHER CHAUVIN DIRECTOR 1.0 0.0 X 0 0 0 CHUCK GUMMER DIRECTOR 1.0 0.0 X 0 0 0 CYNTHIA BEAIRD DIRECTOR 1.0 0.0 X 0 0 0 DAVE NEUMANN Exec Committee 2.0 0.0 X 0 0 0 DAVID LEWIS DIRECTOR 1.0 0.0 X 0 0 0 DAYTON MCATEE DIRECTOR 1.0 0.0 X 0 0 0 Dell RIETH DIRECTOR 1.0 0.0 X 0 0 0 DENA MILLER DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 BARBARA SHANNON DIRECTOR 1.0 0.0 X 0 0 0 DIANE SCOVELL DIRECTOR 1.0 0.0 X 0 0 0 EDD MAXCEY DIRECTOR 1.0 0.0 X 0 0 0 ELOISE MEADOWS ROUSe DIRECTOR 1.0 0.0 X 0 0 0 EMILY HOLLIS DIRECTOR 1.0 0.0 X 0 0 0 GENE BISHOP DIRECTOR 1.0 0.0 X 0 0 0 GLENDA KEMPLE DIRECTOR 1.0 0.0 X 0 0 0 HARLAN POLLOCK DIRECTOR 1.0 0.0 X 0 0 0 HERB WEITZMAN DIRECTOR 1.0 0.0 X 0 0 0 J DIANE CHILDRESS DIRECTOR 1.0 0.0 X 0 0 0 J TERRY SMITH DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 JACQUELYN SPEARS DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 JAMES PORTER JR DIRECTOR 1.0 0.0 X 0 0 0 JAMES TURNER DIRECTOR 1.0 0.0 X 0 0 0 JASON KULAS DIRECTOR 1.0 0.0 X 0 0 0 JAY FOX DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 JEFF PISTOR DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 JEFFREY A STONE DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 JOHN ANKENEY DIRECTOR End: 10/18 1.0 0.0 X 0 0 0 JOHN DODD DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 JOHN QUATTROCCHI DIRECTOR 1.0 0.0 X 0 0 0 JOHN ZAVALETA MD DIRECTOR 1.0 0.0 X 0 0 0 JOLIE HUMPHREY DIRECTOR 1.0 0.0 X 0 0 0 JULIA ATHERTON DIRECTOR End: 10/18 1.0 0.0 X 0 0 0 KD SHULL DIRECTOR 1.0 0.0 X 0 0 0 KATHY NAUMANN DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 KAY O MILLER DIRECTOR 1.0 0.0 X 0 0 0 KENNETH KELLAM DIRECTOR 1.0 0.0 X 0 0 0 KENT HOFMEISTER DIRECTOR 1.0 0.0 X 0 0 0 KENNETH SANDSTAD DIRECTOR 1.0 0.0 X 0 0 0 KIMBERLEY JOHNSON DIRECTOR 1.0 0.0 X 0 0 0 KIP SOWDEN DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 KRISTIE KONSTANS DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 LAURA ESTRADA exec committee 2.0 2.0 X 0 0 0 LAUREY A PEAT DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 LAURIE FLEET DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 LESLIE L HENSON DIRECTOR 1.0 0.0 X 0 0 0 LLOYD FRUGE DIRECTOR 1.0 0.0 X 0 0 0 MARK CANNON Exec Committee 2.0 0.0 X 0 0 0 GAIL PLUMMER DIRECTOR 1.0 0.0 X 0 0 0 MARK PLUNKETT DIRECTOR END: 9/15 1.0 0.0 X 0 0 0 MARK RIETH DIRECTOR 1.0 0.0 X 0 0 0 MARTYE SIMMONS DIRECTOR 1.0 0.0 X 0 0 0 MARVIN M LANE JR DIRECTOR 1.0 0.0 X 0 0 0 MEG BOYD DIRECTOR 1.0 0.0 X 0 0 0 MEREDY MCCLURE DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL A SWARTZENDRUBER DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 MICHELE BOBADILLA DIRECTOR 1.0 0.0 X 0 0 0 MICHELLE RITTER DIRECTOR 1.0 0.0 X 0 0 0 MICHELLE MAZZINI Exec Committee 2.0 0.0 X 0 0 0 MILLA PERRY JONES DIRECTOR 1.0 0.0 X 0 0 0 MILLIE COOPER DIRECTOR 1.0 0.0 X 0 0 0 NANCY MONTGOMERY DIRECTOR 1.0 0.0 X 0 0 0 NORMA LITTLE DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 NANCY ADENDORFF DIRECTOR 1.0 0.0 X 0 0 0 PAMELA BRYANT DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 PATTY MATHIS DIRECTOR 1.0 0.0 X 0 0 0 PAUL STOTTS DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 brett L JOHNSON DIRECTOR 1.0 0.0 X 0 0 0 RANDALL ISENBERG DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 REBEKAH KAY DIRECTOR 1.0 0.0 X 0 0 0 REED RANDEL DIRECTOR 1.0 0.0 X 0 0 0 REX KURZIUS DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 ROBERT A SMITH DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 ROBERT CAMPBELL DIRECTOR 1.0 0.0 X 0 0 0 ROBERT GREENING DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 ROBERT L THOMPSON DIRECTOR 1.0 0.0 X 0 0 0 SALLY YAMINI DIRECTOR 1.0 0.0 X 0 0 0 SANDRA K THOMAS DIRECTOR 1.0 0.0 X 0 0 0 SARA MARTINEAU DIRECTOR 1.0 0.0 X 0 0 0 SCOTT BARNES DIRECTOR End: 10/18 1.0 0.0 X 0 0 0 SCOTT DAVIDSON DIRECTOR 1.0 0.0 X 0 0 0 SHARON KRAUS DIRECTOR 1.0 0.0 X 0 0 0 SHARON QUIST DIRECTOR 1.0 0.0 X 0 0 0 SHEFFIELD KADANE III DIRECTOR 1.0 0.0 X 0 0 0 SHERRY GOLDBERG DIRECTOR 1.0 0.0 X 0 0 0 STACIE ADAMS DIRECTOR End: 9/18 1.0 0.0 X 0 0 0 STACIE MANKOFF DIRECTOR 1.0 0.0 X 0 0 0 STEVE NAVARRE DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 STEVEN MASSEY DIRECTOR 1.0 0.0 X 0 0 0 SUE LUNA DIRECTOR 1.0 0.0 X 0 0 0 SUSAN ANSEL DIRECTOR 1.0 0.0 X 0 0 0 SUSAN JENULL DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 SUSAN K HOLMAN DIRECTOR 1.0 0.0 X 0 0 0 SUSAN P WILSON DIRECTOR 1.0 0.0 X 0 0 0 TARYN DANIELS DIRECTOR eND: 9/18 1.0 0.0 X 0 0 0 TONY WEYNAND DIRECTOR 1.0 0.0 X 0 0 0 WARREN A GILBERT JR DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 WILLIAM O'DWYER Exec Committee 2.0 0.0 X 0 0 0 WILLIAM SUTKER DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL A TAPP DIRECTOR 1.0 0.0 X 0 0 0 PAMELA ALTIZER DIRECTOR 1.0 0.0 X 0 0 0 MARGARET R COUGHLIN DIRECTOR 1.0 0.0 X 0 0 0 BARANDA J FERMIN DIRECTOR 1.0 1.0 X 0 0 0 CHRISTOPHER A SALERNO DIRECTOR 1.0 0.0 X 0 0 0 BETH TIGGELAAR DIRECTOR 1.0 0.0 X 0 0 0 BODEAN SLAUGHTER DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 CARLA PHILIPS DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 CHERYL BASYE DIRECTOR 1.0 0.0 X 0 0 0 CRAIG BARRON DIRECTOR 1.0 0.0 X 0 0 0 F MONTY MONCIBAIS DIRECTOR 1.0 0.0 X 0 0 0 KIMBERLY WEBB DIRECTOR 1.0 0.0 X 0 0 0 LYDIA WEBB DIRECTOR 1.0 0.0 X 0 0 0 MARY ANNA DENNARD DIRECTOR 1.0 0.0 X 0 0 0 NICOLE PIQUERO DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 REBECCA FREDRICKSON DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 STEVEN KOVAC DIRECTOR 1.0 0.0 X 0 0 0 STEVEN METZGER DIRECTOR 1.0 2.0 X 0 0 0 VINCE BRATTON DIRECTOR 1.0 0.0 X 0 0 0 WILLIAM BROWNING DIRECTOR END: 9/18 1.0 0.0 X 0 0 0 STACY BOWERS DIRECTOR 1.0 0.0 X 0 0 0 NOEL O'CONNELL DIRECTOR 1.0 0.0 X 0 0 0 DARRELL RICE DIRECTOR 1.0 0.0 X 0 0 0 KENNETH NOVICE PRESIDENT 20.0 20.0 X 180793 0 7775 VICKY MARTINEZ VP OF FINANCE 35.0 5.0 X 118493 0 14961 PAULETTE HOPKINS VP OF MARKETING 40.0 0.0 X 108667 0 12139 MARY WESTFALL VP OF DEVELOPMENT 40.0 0.0 X 136060 0 14650 DEBRA IRVIN DIRECTOR OF TICKET SERVICES 40.0 0.0 X 101821 0 13519 645834 0 63044 5 false true false IAPP INC 2710 LIVE OAK ST DALLAS TX 75204 ENTERTAINMENT LABOR 1594079 OZZ MANAGEMENT MUSIC PO BOX 140995 DALLAS TX 75214 ENTERTAINMENT LABOR 323431 JOSEPH YOSHITOMI 10815 MOLONY ROAD CULVER CITY CA 90230 ARTS MGMT CONSULTING 144693 3 X 438622 2282971 41703 2721593 Ticket Sales 711110 23905207 23905207 NET GIFT SHOP INCOME 453220 24188 24188 23929395 0 0 0 0 0 0 158 -158 -158 -158 75029 438622 376804 -301775 -301775 0 0 0 0 0 0 Other Income 900099 178541 178541 178541 26527596 24107936 -301933 0 55000 55000 0 0 593538 176072 212052 205414 0 1154183 322668 655635 175880 12873 2194 7687 2992 189757 38618 136687 14452 172304 33319 115942 23043 173226 53750 119476 24310 24310 55145 55145 0 0 0 1939821 1912669 1132 26020 2004757 1946139 20610 38008 580243 359617 177270 43356 82606 77810 4796 0 1768163 1616533 134373 17257 128344 6756 78189 43399 0 15483 15483 2375 2375 0 25382 25382 199592 161318 38274 COMPANY PAYMENTS 14449835 14449835 OTHER PRODUCTION COSTS 206304 119677 86627 PARKING 719211 712006 7205 FOOD & BEVERAGE 249842 249842 190341 99333 14379 76629 24992635 22065504 1912211 1014920 2109523 3962674 139341 139341 621349 756397 30048 136803 0 0 0 0 0 0 0 0 115534 195187 705883 636726 63290 69157 0 0 0 0 22110 2000 0 0 68296 1085813 3169491 6347372 302785 662404 0 0 3278147 3564466 0 0 0 0 0 0 0 0 0 0 39307 23559 3620239 4250429 X -1559502 1023354 1083303 1048138 25451 25451 -450748 2096943 3169491 6347372 X 1534961 1012730 X false true X true false X 1692623 959479 1106223 1799149 2721593 8279067 13300492 12902601 23595154 9834539 24107936 83740722 0 0 0 14993115 13862080 24701377 11633688 26829529 92019789 623716 343237 359569 924066 229576 2480164 0 623716 343237 359569 924066 229576 2480164 89539625 3531 2408 753 6692 0 3531 2408 753 6692 0 647707 429898 238599 121605 75029 1512838 15644353 14294386 24940729 11755293 26904558 93539319 0.95724 0.95660 0.00007 0.00010 X 0 153509 152862 647 0 477266 425034 52232 0 75108 58830 16278 69157 Due from Related Party 1085813 1085813 0 Capital Lease 23559 23559 29769464 101274 2761102 2862376 26907088 -379492 -379492 26527596 26679899 101274 1588365 1689639 24990260 2375 2375 24992635 SCHEDULE D, PART X, LINE 2 ASC 740 FOOTNOTE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2D RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH RETURN: DSM MANAGEMENT GROUP REVENUE $4,849,395 ELIMINATIONS (2,085,918) INTEREST EXPENSE (2,375) ---------- TOTAL $2,761,102 SCHEDULE D, PART XI, LINE 4B RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH RETURN: DIRECT FUNDRAISING EXPENSE $(376,804) COST OF SALES (2,688) ----------------- TOTAL $(379,492) SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS WITH RETURN: DSM MANAGEMENT GROUP EXPENSE $3,294,791 ELIMINATIONS (2,085,918) DIRECT FUNDRAISING EXPENSE 376,804 cost of sales 2,688 ----------- TOTAL $1,588,365 SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS WITH RETURN: INTEREST EXPENSE $2,375 gala 513651 438622 75029 89357 71239 14249 201959 0 513651 438622 75029 89357 71239 14249 201959 376804 -301775 true COLLEGE SCHOLARSHIPS 17 55000 SCHEDULE I, PART I, LINE 2 PROCEDURE FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S.: DALLAS SUMMER MUSICALS AWARDS SCHOLARSHIPS TO STUDENTS AT THE HIGH SCHOOL MUSICAL THEATRE AWARDS. THE ORGANIZATION REQUIRES A LETTER OF ACCEPTANCE FROM THE COLLEGE, AND THE FUNDS ARE PAID DIRECTLY TO THE SCHOOL ON THE STUDENT'S BEHALF. X X X true false false false false false false false false KENNETH NOVICE PRESIDENT 175422 0 0 0 5371 0 0 0 7775 0 188568 0 MARY WESTFALL VP OF DEVELOPMENT 124648 0 0 0 11412 0 0 0 14650 0 150710 0 SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENT: SEVERANCE IS A VOLUNTARY AGREEMENT THAT SET FORTH THE AGREED UPON SEPARATION DATE FOR EMPLOYMENT AND BENEFITS COVERAGE, THE SPECIFIED TIME PERIOD SHE WOULD CONTINUE TO RECEIVE BASE COMPENSATION, A CONFIDENTIALITY AGREEMENT CONCERNING COMPANY INFORMATION AND MATERIALS, RETURN OF COMPANY MATERIALS, AND COOPERATION CONCERNING BUSINESS MATTERS. DUE TO THE CONFIDENTIALITY CLAUSE OF THE AGREEMENT, THE ORGANIZATION HAS CHOSEN NOT TO DISCLOSE THE AMOUNT OF THE SEVERANCE OR THE NAME OF THE RECIPIENT. X 2 20079 FMV X 1 4942 FMV X LIGHTING EQUIP 1 16682 FMV false false false SCHEDULE M, PART I, COLUMN B NUMBER OF CONTRIBUTIONS OR NUMBER OF ITEMS RECEIVED: THE AMOUNTS REPORTED IN THIS COLUMN REFLECT THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, LINE 1A DELEGATION OF AUTHORITY: THERE SHALL BE AN EXECUTIVE COMMITTEE WHICH SHALL CONSIST OF NOT LESS THAN TWELVE NOR MORE THAN THIRTY MEMBERS ELECTED FROM THE BOARD OF DIRECTORS. IN ADDITION TO THE ELECTED MEMBERS, THE CHAIR OF THE BOARD, THE VICE CHAIR, THE CHAIR-ELECT, THE SECRETARY, AND ALL THE COMMITTEE CHAIRS SHALL SERVE ON THE EXECUTIVE COMMITTEE. ALSO, THE IMMEDIATE PAST CHAIR SHALL SERVE AS A VOTING MEMBER OF THE EXECUTIVE COMMITTEE DURING THEIR TERM AS IMMEDIATE PAST CHAIR. THE EXECUTIVE COMMITTEE SHALL MEET AT SUCH TIMES AS THE CHAIR OF THE BOARD MAY DIRECT. A MAJORITY OF THE MEMBERS PRESENT AT ANY CALLED MEETING OF THE EXECUTIVE COMMITTEE MAY ADOPT, ON BEHALF OF THE CORPORATION, ANY COURSE OF ACTION, CONTRACT, OR OTHER MATTERS WHICH MAY BIND THE CORPORATION. THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT WITHOUT APPROVAL OF THE FULL BOARD OF DIRECTORS ON ANY BUSINESS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 2 DESCRIPTION OF BUSINESS OR FAMILY RELATIONSHIPS OF OFFICERS AND DIRECTORS: EDD MAXCEY AND CAROL MAXCEY HAVE A FAMILY RELATIONSHIP. MARK RIETH AND DELL RIETH HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. UPON COMPLETION, THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: EMPLOYEES AND BOARD MEMBERS WHO COULD INFLUENCE A BUSINESS DECISION ARE REQUIRED TO ANNUALLY DISCLOSE IN WRITING ANY SELF-INTEREST THEY HAVE IN A TRANSACTION AFFECTING THE COMPANY. THESE DISCLOSURES MAY INCLUDE AN OWNERSHIP INTEREST, AN ENTITY FROM WHICH THE COMPANY IS PROCURING GOODS OR SERVICES, AN INTEREST IN PROPERTY THE COMPANY IS BUYING OR LEASING, OR OTHER TRANSACTIONS WHERE AN INSIDER HAS THE POSSIBILITY OF PERSONAL GAIN BY DOING BUSINESS WITH DALLAS SUMMER MUSICALS, INC. DISCLOSURES SHOULD ALSO COVER ANY TRANSACTION IN WHICH THE ENTITY IS DOING BUSINESS WITH A FAMILY MEMBER OR BUSINESS PARTNER OF THE EMPLOYEE. HAVING A POSSIBLE CONFLICT OF INTEREST DOES NOT PRECLUDE THE ENTITY FROM DOING BUSINESS WITH DSM OR DSM MANAGEMENT GROUP, INC., BUT GENERALLY THE EMPLOYEE WITH THE RELATIONSHIP WITH THE ENTITY SHOULD BE EXCUSED FROM ANY DECISIONS MADE WITH RESPECT TO TRANSACTIONS INVOLVING THE PERSONAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A & 15B COMPENSATION REVIEW AND APPROVAL PROCESS FOR OFFICERS AND KEY EMPLOYEES: THE COMPENSATION COMMITTEE IS RESPONSIBLE FOR THE UPDATE AND REVIEW OF THE PRESIDENT/MANAGING DIRECTOR'S COMPENSATION. THE REVIEW IS CONDUCTED ANNUALLY AND DOCUMENTED IN THE COMMITTEE'S MEETING MINUTES. THE COMPENSATION OF THE VICE PRESIDENT OF FINANCE AND THE OTHER OFFICERS OF THE ORGANIZATION IS REVIEWED ANNUALLY AND SET BY THE PRESIDENT. DOCUMENTATION OF THE REVIEW IS KEPT IN THE EMPLOYEE'S PERSONNEL FILE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST SENT TO DSM'S OFFICES. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: EQUITY TRANSFER UPON REORGANIZATION $1,022,452 TOM HUGHES FOUNDATION NET ASSETS (9,722) ------------- TOTAL $1,012,730 USEFULMAJIC LLC 3626 N HALL STREET STE 800 DALLAS TX 75219 753209419 MUSIC THEATRE TX 4982 0 DSM DSM MANAGEMENT GROUP INC 909 1ST AVENUE DALLAS TX 75210 752770363 FACILITY SVC TX 501(C)(3) 12, TYPE I DSM true TOM HUGHES FOUNDATION INC 909 1ST AVENUE DALLAS TX 75210 751943685 MUSIC THEATRE TX 501(C)(3) 12, TYPE II DSM true false false false false false false false false false false true false false true true true true true false DSM MANAGEMENT GROUP INC K 624825 FMV DSM MANAGEMENT GROUP INC O 249600 cost DSM MANAGEMENT GROUP INC P 1922490 cost DSM MANAGEMENT GROUP INC Q 869828 cost DSM MANAGEMENT GROUP INC R 515118 FMV