2019-04-02T15:13:00-05:00 2018-06-30 135381590 BDO USA LLP PO BOX 1764 MADISON WI 53701 990 2017-07-01 010645482 OVERTURE CENTER FOUNDATION INC OVER 6082584440 201 STATE STREET MADISON WI 53703 SANDRA GAJIC PRESIDENT/CEO 6082584440 2019-04-01 1 KEITH H BAUMGARTNER P00187845 6088367500 35.130.83.130 2019-04-01 18:25:34 CD P AD7F03E6598E2B3A59987ADDD1F5580A93158EE2 3E7F0DEBB649D3D98EFDC76C25EF1256372DA193 2017 2019-02-21 02:37:17Z SANDRA GAJIC 201 STATE STREET MADISON WI 53703 18416488 0 X WWW.OVERTURE.ORG X 2002 WI THE ORGANIZATION OPERATES THE OVERTURE CENTER FOR THE ARTS, A PERFORMING AND VISUAL ARTS CENTER. ITS MISSION IS TO ENRICH THE LIVES OF INDIVIDUALS AND THE COMMUNITY BY CREATING, ENCOURAGING, AND CATALYZING EXTRAORDINARY EXPERIENCES. THE OVERTURE CENTER PRESENTS A BROAD SPECTRUM OF HIGH QUALITY PERFORMING ARTS PROGRAMMING AND EDUCATIONAL OUTREACH PROGRAMS. THE CENTER RAISES FUNDS TO SUPPORT FREE AND LOW COST COMMUNITY PROGRAMS AS WELL AS OTHER PROGRAMS AND INITIATIVES TO ADVANCE THE MISSION. TEN LOCAL PERFORMING ARTS COMPANIES ARE RESIDENT ORGANIZATIONS OF THE CENTER. 25 25 396 500 708922 -178661 5231655 5492682 17318043 12731501 6869 11819 77867 89245 22634434 18325247 0 0 0 0 7495709 7480724 0 0 811841 12909026 9954282 20404735 17435006 2229699 890241 14162898 16758109 7062537 8647363 7100361 8110746 X OVERTURE CENTER FOR THE ARTS ENRICHES THE LIVES OF INDIVIDUALS AND THE COMMUNITY BY CREATING, ENCOURAGING, AND CATALYZING EXTRAORDINARY EXPERIENCES. THE CENTER PRESENTS A BROAD SPECTRUM OF HIGH QUALITY PROGRAMMING, DEVELOPS AUDIENCES FOR THE ARTS THROUGH HIGH-QUALITY OUTREACH AND PROGRAMMING, ADVANCES THE MISSION OF RESIDENT ORGANIZATIONS, ADVOCATES FOR THE DEVELOPMENT OF THE ARTS IN THE COMMUNITY, AND PROVIDES A WORLD-CLASS FORUM FOR DIVERSE ARTISTIC EXPRESSION. 0 0 14561821 12022579 THE OVERTURE CENTER HOSTED HUNDREDS OF TICKETED EVENTS WITH OUR BOX OFFICE SELLING MORE THAN 282,500 TICKETS. THE OVERTURE CENTER PRESENTED A WIDE VARIETY OF ARTISTIC OFFERINGS THAT PATRONS WOULD NOT OTHERWISE HAVE THE OPPORTUNITY TO EXPERIENCE IN MADISON, RANGING FROM UP-AND-COMING DANCE COMPANIES TO CHILDREN'S THEATER PERFORMANCES TO NATIONALLY TOURING BROADWAY HITS. IN FULFILLING ITS MISSION OF ACCESS TO THE ARTS, THE OVERTURE CENTER STRIVES TO KEEP TICKET PRICES AFFORDABLE. THE AVERAGE TOP TICKET PRICE FOR NON-BROADWAY PERFORMANCES WAS UNDER $40. ADDITIONALLY, THE OVERTURE CENTER SUBSIDIZES AND SUPPORTS THE WORK OF TEN LOCAL, NONPROFIT RESIDENT ARTS COMPANIES WHO SOLD OVER 103,000 TICKETS TO THEIR PERFORMANCES. THE OVERTURE CENTER FULFILLS THE CORE OF ITS MISSION THROUGH FOURTEEN COMMUNITY ENGAGEMENT AND EDUCATION PROGRAMS. AS A RESULT OF THESE PROGRAMS LAST YEAR, OVER 230,000 PEOPLE SAW A FREE PERFORMANCE OR VISUAL EXHIBIT. THE PROGRAMS INCLUDED OVERTURE ONSTAGE THAT ATTRACTED MORE THAN 25,000 ELEMENTARY AND HIGH SCHOOL STUDENTS TO DAYTIME PERFORMANCES DURING THE SCHOOL YEAR AND KIDS IN THE ROTUNDA THAT ATTRACTED APPROXIMATELY 32,000 CHILDREN AND PARENTS TO FREE PERFORMANCES. VARIOUS UNIQUE SPACES WITHIN THE OVERTURE CENTER ARE AVAILABLE FOR RENT TO THE PUBLIC TO HOLD SPECIAL EVENTS AND MEETINGS. THE OVERTURE CENTER'S NATURE AS A COMMUNITY ARTS CENTER PROVIDES FOR THE KIND OF EXPERIENCE UNAVAILABLE AT OTHER EVENT VENUES. 14561821 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 155 0 396 1 1 1 0 0 0 0 1 1 0 0 0 0 X 25 25 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 WI X SANDRA GAJIC 6082584440 201 STATE STREET MADISON WI 53703 CHARLES SAEMAN CHAIR 1.00 X X 0 0 0 BETTY HARRIS CUSTER VICE CHAIR 1.00 X X 0 0 0 ANA HOOKER SECRETARY 1.00 X X 0 0 0 DENES TOBIE TREASURER 1.00 X X 0 0 0 RAY ALLEN DIRECTOR 1.00 X 0 0 0 LINDA BALDWIN DIRECTOR 1.00 X 0 0 0 DIANE BALLWEG DIRECTOR 1.00 X 0 0 0 ANNA BURISH DIRECTOR 1.00 X 0 0 0 BRYAN CHAN DIRECTOR 1.00 X 0 0 0 DIANNE CHRISTENSEN DIRECTOR 1.00 X 0 0 0 GREG DOMBROWSKI DIRECTOR 1.00 X 0 0 0 KATIE DOWLING-MARCUS DIRECTOR 1.00 X 0 0 0 DEIRDRE GARTON DIRECTOR 1.00 X 0 0 0 ROBERTA GASSMAN DIRECTOR 1.00 X 0 0 0 SHAWN GUSE DIRECTOR 1.00 X 0 0 0 DANIEL KUEHN DIRECTOR 1.00 X 0 0 0 JONATHAN LIPP DIRECTOR 1.00 X 0 0 0 JEFF MACK DIRECTOR 1.00 X 0 0 0 JIM MATRAS DIRECTOR 1.00 X 0 0 0 PABLO SANCHEZ DIRECTOR 1.00 X 0 0 0 RICHARD SCOTT DIRECTOR 1.00 X 0 0 0 JOE SENSENBRENNER DIRECTOR 1.00 X 0 0 0 JOHN SURDYK DIRECTOR 1.00 X 0 0 0 MIKE VERVEER DIRECTOR 1.00 X 0 0 0 TELISA YANDRY DIRECTOR 1.00 X 0 0 0 TED DEDEE PRESIDENT/CEO 40.00 X 240544 0 12801 KEVIN SWEENEY VP FINANCE/CFO 40.00 X 131817 0 1922 GLENDA NOEL-NEY VP DEVELOPMENT 40.00 X 129777 0 4785 502138 0 19508 3 0 1 0 GREEN LEAGUE PRODUCTIONS LLC 630 NINTH AVENUE STE 1206 NEW YORK NY 10036 HOW THE GRINCH STOLE CHRISTMAS 715945 LMS TOURING COMPANY 7135 MINSTREL WAY SUITE 105 COLUMBIA MD 21045 LES MISERABLES 704469 KEYBRAND ENTERTAINMENT INC 1619 BROADWAY FL 9 NEW YORK NY 10019 VARIOUS PRODUCTIONS 663172 FRANK PRODUCTIONS INC 155 E WILSON ST STE 100 MADISON WI 537033489 PROMOTER SHOW SETTLEMENTS 630827 RENT AT 20 LLC CO WORK LIGHT PRODUCTIO 42 MAPLE STREET 2ND FLOOR SUMMIT NJ 07901 RENT 566556 17 146648 1900000 3446034 135434 5492682 TICKET SALES AND FEES 711310 9655624 9655624 FACILITY RENTALS AND SERVICES 531120 2194878 1711272 483606 OTHER PROGRAM SERVICE REVENUE 900099 435090 415279 19811 CATERING 722320 409861 204356 205505 MERCH/SOUVENIR COMMISSIONS 453220 36048 36048 12731501 11819 11819 180486 146648 91241 89245 89245 18325247 12022579 708922 101064 X 399687 85746 228195 85746 5518685 4211564 977009 330112 106126 80967 16462 8697 821024 649411 111666 59947 635202 496974 93523 44705 38137 38137 100329 100329 6000070 5734425 184506 81139 868034 823706 44328 782229 546207 149309 86713 114007 90066 15961 7980 1266310 1197349 64573 4388 24359 16596 4712 3051 107992 86606 17528 3858 36206 36206 485093 475392 7276 2425 45181 40212 4519 450 MEMBERSHIPS 53118 26600 10009 16509 BAD DEBTS 33217 1424 31793 17435006 14561821 2061344 811841 6098136 7983854 1490573 1490573 1272419 1375714 186326 246732 43855 22475 303820 311170 5888833 1956223 3449448 3932610 1318321 1394981 14162898 16758109 1091807 1096123 4658098 6208468 1312632 1342772 7062537 8647363 X 3629545 3912370 2068066 2181626 1402750 2016750 7100361 8110746 14162898 16758109 X 890241 120144 X 0 1 X 1 0 X 3470355 3745955 4197628 5231655 5492682 22138275 8604942 10747878 17624732 16706895 12022579 65707026 12075297 14493833 21822360 21938550 17515261 87845301 212179 159812 625742 837683 422201 2257617 1066880 1020745 527484 671324 922578 4209011 1279059 1180557 1153226 1509007 1344779 6466628 81378673 5894 4296 6761 6869 11819 35639 5894 4296 6761 6869 11819 35639 12081191 14498129 21829121 21945419 17527080 87880940 0.92600 0.93070 0.00040 0.00040 X X X 0 1818321 614000 135908 57484 15764 2494981 1194997 514500 182012 58901 14287 1818321 1288431 15000 -34448 60340 13646 1194997 1311244 28250 23066 59048 15081 1288431 1196441 190408 61116 14489 1311244 0.80830 0.19170 1 0 5880138 1956223 3923915 8695 8695 3932610 BENEFICIAL INTEREST IN ASSETS HELD BY MADISON COMMUNITY FOUNDATION 1394981 1394981 PART III, LINE 1A: THE OVERTURE CENTER'S AUDUBON ENGRAVINGS COLLECTION FEATURES 24 ORIGINAL JOHN JAMES AUDUBON ENGRAVINGS DONATED BY DR. RICHARD B ANDERSON. THE COLLECTION WAS ACQUIRED THROUGH DONATIONS SINCE THE ORGANIZATION'S INCEPTION AND IS NOT RECOGNIZED AS AN ASSET ON THE STATEMENT OF FINANCIAL POSITION. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES, IF APPLICABLE, WOULD BE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. NO COLLECTION ITEMS WERE DEACCESSIONS DURING THE YEAR. PART III, LINE 4: AS DR. RICHARD ANDERSON SAID, "THE AUDUBON ENGRAVINGS CALL TO THE VIEWER TO UNDERSTAND THE ENVIRONMENTAL ETHIC THAT SO THOROUGHLY MOTIVATED AUDUBON. HE AFFECTED SOCIETY WITH HIS ART WORK SO WE MUST EACH INFLUENCE SOCIETY WITH OUR SERVICE THE COMPELLING MESSAGE EMBODIED WITH EACH ORIGINAL ENGRAVING. NO MATTER HOW HARD WE WORK OR STUDY, WE MUST FIND TIME TO EXERCISE OUR SOCIAL RESPONSIBILITY. THIS IS A MESSAGE THE ART CARRIES--OF CONSERVATION AND PUBLIC TRUST." THE COLLECTION FURTHERS THE OVERTURE CENTER'S EXEMPT PURPOSE BY PROVIDING ANOTHER MEANS OF ENGAGING THE COMMUNITY IN THE ARTS THROUGH A BROAD SPECTRUM OF ARTISTIC ALTERNATIVES. PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO PROVIDE LONG-TERM SUPPORT IN CARRYING OUT THE MISSION OF OVERTURE CENTER FOR THE ARTS OF ENRICHING THE LIVES OF INDIVIDUALS AND THE COMMUNITY BY CREATING, ENCOURAGING, AND CATALYZING EXTRAORDINARY EXPERIENCES. FROSTIBALL 327134 146648 180486 62522 14690 14029 327134 146648 180486 62522 14690 14029 91241 89245 X 1 0 X X X 0 0 0 0 0 0 0 0 0 TED DEDEE PRESIDENT/CEO 224294 0 16250 0 0 0 5920 0 6881 0 253345 0 0 0 PART I, LINE 1A TED DEDEE RECEIVED A MEMBERSHIP TO THE MADISON CLUB. THIS BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION AS THE MAIN PURPOSE OF THE MEMBERSHIP IS BUSINESS. X 4 55853 FAIR MARKET VALUE X FURNITURE & FIXTURES 4 58432 COST/SELLING PRICE X PREPAID GIFT CARDS 4 20200 FACE AMOUNT X AUCTION ITEMS 3 14606 COST/SELLING PRICE X CHOCOLATES 2 1157 COST/SELLING PRICE X PRINTING 1 1000 COST/SELLING PRICE 0 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). PART I, LINE 32B: THE ORGANIZATION USES LPL FINANCIAL TO RECEIVE CONTRIBUTIONS OF SECURITIES. LPL FINANCIAL IMMEDIATELY LIQUIDATES SUCH CONTRIBUTIONS AND TRANSFERS THE PROCEEDS LESS A NOMINAL FEE TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE MAYOR OF THE CITY OF MADISON MAY APPOINT AT LEAST THREE DIRECTORS TO THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE PRESIDENT/CEO AND THE FINANCE COMMITTEE AT A REGULARLY SCHEDULED MEETING BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE GOVERNING BODY ARE REQUIRED TO SIGN AN ANNUAL DISCLOSURE UPDATE THAT IS GIVEN TO THE GOVERNANCE COMMITTEE. MEMBERS ARE REQUIRED TO DISCLOSE DURING THE YEAR ANY POTENTIAL CONFLICTS OF INTEREST THAT THEY MAY HAVE OR BELIEVE MAY EXIST WITH ANOTHER MEMBER TO THE GOVERNANCE COMMITTEE. THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR INVESTIGATING AND PROVIDING A RECOMMENDATION. THE ORGANIZATION'S LEGAL COUNSEL MAY BE CONTACTED TO PROVIDE GUIDANCE AND ADVICE AS NEEDED. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT/CEO SIGNED A THREE YEAR EMPLOYMENT AGREEMENT, EFFECTIVE JULY 1, 2015, AND APPROVED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS DETERMINED THE COMPENSATION PACKAGE BY USING COMPARABILITY DATA AND REVIEWING COMPENSATION PAID BY SIMILAR ORGANIZATIONS IN THE AREA. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S BUSINESS OFFICE. FORM 990, PART IX, LINE 11G BUSINESS CONSULTING: PROGRAM SERVICE EXPENSES 105,967. MANAGEMENT AND GENERAL EXPENSES 179,468. FUNDRAISING EXPENSES 16,587. TOTAL EXPENSES 302,022. ARTIST AND PERFORMANCE FEES: PROGRAM SERVICE EXPENSES 5,509,179. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 64,552. TOTAL EXPENSES 5,573,731. CATERING SERVICES: PROGRAM SERVICE EXPENSES 111,976. MANAGEMENT AND GENERAL EXPENSES 5,038. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 117,014. INTERPRETER SERVICES: PROGRAM SERVICE EXPENSES 7,303. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,303. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY MADISON COMMUNITY FDN 120,144. OVERTURE DEVELOPMENT CORPORATION 201 STATE ST MADISON WI 537032214 391997702 SUPPORTING ORGANIZATION OF OVERTURE CENTER FOUNDATION, INC. WI 501(C)(3) LINE 12A, I OVERTURE CENTER FOUNDATION INC 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0