2019-05-15T08:27:40-05:00 2018-06-30 351476702 BRADY WARE & SCHOENFELD INC 3601 RIGBY ROAD SUITE 400 DAYTON OH 45342 990 2017-07-01 310897638 VICTORIA THEATRE ASSOCIATION VICT 9372287591 138 NORTH MAIN STREET DAYTON OH 45402 DAVID SCHRODI CFO 9372287591 2019-05-13 1 TODD R ROBERTS CPA P00197560 9372235247 2019-05-13 64.141.187.4 2019-05-13 13:39:31 ED P 39E90CBB44B41E0C3D082B7A69A63BDC1055460A 83203A605FBB55B39A27F505A811942A47843142 2017 2019-02-21 02:37:17Z DAVID SCHRODI 138 NORTH MAIN ST DAYTON OH 45402 16960983 0 X WWW.VICTORIATHEATRE.COM,SCHUSTERCENTER.COM X 1976 OH THEATRE, FILM, AND OTHER PRODUCTIONS FOR THE EDUCATION AND ENJOYMENT OF THE DAYTON COMMUNITY. 20 20 210 604 1071677 -330124 2472047 2573242 10284498 11989700 3637 9739 389730 470518 13149912 15043199 0 0 0 0 3817030 4102450 9463 22074 548770 9794133 11426789 13620626 15551313 -470714 -508114 24992533 26698360 23306484 24749622 1686049 1948738 OUR MISSION IS TO STRENGTHEN THE ECONOMIC AND ARTISTIC VITALITY OF OUR COMMUNITY AND ARTS PARTNERS THROUGH PRESENTING QUALITY AND DIVERSE ARTS EXPERIENCES AND STEWARDSHIP OF OUR COMMUNITY STATE-OF-THE-ART PERFORMING VENUES. 0 0 13673798 11398280 PRESENTATION OF THEATRE, FILM, AND OTHER PRODUCTIONS 13673798 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 80 0 1 210 1 1 1 0 0 0 0 1 1 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X DAVE SCHRODI 9372287591 138 N MAIN ST DAYTON OH 45402 MARTHA SHAKER CHAIR 1.00 X X 0 0 0 CHRIS WYSE VICE-CHAIR 1.00 X X 0 0 0 DAVID MCGILLIVARY TREASURER 1.00 X X 0 0 0 WENDOLYN W LEWIS SECRETARY 1.00 X X 0 0 0 FRANK PEREZ NEXT STAGE CAMPAIGN CHAIR 1.00 X X 0 0 0 CASSIE BARLOW BOARD OF DIRECTORS 1.00 X 0 0 0 DAVE DICKERSON BOARD OF DIRECTORS 1.00 X 0 0 0 JOHN W EY BOARD OF DIRECTORS 1.00 X 0 0 0 NEIL FREUND BOARD OF DIRECTORS 1.00 X 0 0 0 LARRY GLICKLER BOARD OF DIRECTORS 1.00 X 0 0 0 MARK KEETON BOARD OF DIRECTORS 1.00 X 0 0 0 NICK LAIR BOARD OF DIRECTORS 1.00 X 0 0 0 ALBERT LELAND BOARD OF DIRECTORS 1.00 X 0 0 0 MARY KAYE MANCHUR BOARD OF DIRECTORS 1.00 X 0 0 0 MARLA SCHUSTER NISSAN BOARD OF DIRECTORS 1.00 X 0 0 0 CASEY OTT BOARD OF DIRECTORS 1.00 X 0 0 0 JEAN RAGA BOARD OF DIRECTORS 1.00 X 0 0 0 JOHN RHODES BOARD OF DIRECTORS 1.00 X 0 0 0 MONTE SALSMAN BOARD OF DIRECTORS 1.00 X 0 0 0 PATTI L STOLL BOARD OF DIRECTORS 1.00 X 0 0 0 KEN NEUFELD CFO 40.00 X X 377038 0 14734 DAVID SCHRODI PRESIDENT 40.00 X X 142602 0 14029 519640 0 28763 2 0 1 0 PHANTOM TOURING LLC 7135 MINSTREL WAY SUITE 105 COLUMBIA MD 21045 SHOW PRODUCERS 1387811 IATSE #66 PO BOX 75 DAYTON OH 45401 UNION LABOR 1066234 MV COMMERCIAL CONSTRUCTION LLC 137 N MAIN STREET SUITE 600 DAYTON OH 45402 SHOW PRODUCERS 785630 SOM TOURING LLC 630 NINTH AVE SUITE 1212 NEW YORK NY 10036 SHOW PRODUCERS 570611 BEAUTIFUL TOUR CAROLE COMPANY LP 1560 BROADWAY SUITE 700 NEW YORK NY 10036 SHOW PRODUCERS 530346 20 326998 2246244 417681 2573242 TICKET SALES 711110 8235584 8235584 PARKING INCOME 812930 1439567 396573 1042994 STAGE RENTAL 711110 1139386 1139386 TICKET CENTER 711110 976807 976807 ADVERTISING 541800 101718 101718 96638 96638 11989700 9739 9739 97860 170895 -73035 -73035 -73035 1740695 1746889 -6194 -6194 PRESERVATION FEES 900099 474496 474496 MISCELLANEOUS 900099 75251 75251 549747 15043199 11398280 1071677 0 634028 70982 492064 70982 2903344 2423685 186249 293410 65893 47943 9008 8942 234746 192215 40320 2211 264439 198878 40776 24785 834785 775578 51321 7886 15376 8496 6880 87450 87450 22074 22074 1280639 1280531 108 22770 14275 5788 2707 353858 99578 254265 15 1289683 1278170 10509 1004 51276 34163 8139 8974 9295 8653 642 101121 101121 91111 38584 52071 456 145070 114387 30683 PRODUCTION COSTS 5962728 5959751 2083 894 REPAIRS & MAINTENANCE 522447 500954 21045 448 TAXES 451772 451622 150 ALL OTHER EXPENSES 147843 32930 24506 90407 59565 41302 5588 12675 15551313 13673798 1328745 548770 923162 359664 3448458 2473171 11770320 12760374 49320 55960 370686 331989 21871129 19575336 1269814 2295793 7160773 8421409 24992533 26698360 16742650 18656078 3260037 2987463 2999900 2999881 303897 106200 23306484 24749622 X -1152280 -396881 2818329 2325619 20000 20000 1686049 1948738 24992533 26698360 X -508114 770803 X X 0 1 X 1 0 X 7189810 2853272 3337331 2472047 2573242 18425702 8222190 9401368 14830630 12029897 13730395 58214480 15412000 12254640 18167961 14501944 16303637 76640182 0 0 0 76640182 2494 565 256388 101497 107599 468543 2494 565 256388 101497 107599 468543 224690 446422 549694 476369 549747 2246922 15639184 12701627 18974043 15079810 16960983 79355647 0.96580 0.97190 0.00590 0.00440 X 7034142 1106000 718535 494748 43906 8320023 5570247 1031804 689390 215420 41879 7034142 4037021 1721634 -153867 34541 5570247 3817425 322281 84316 157322 29679 4037021 1892145 1830975 405981 288211 23465 3817425 0.99760 0.00240 1 0 15784843 15419434 365409 3802713 3055396 747317 2283573 1100506 1183067 2295793 SECURITIES AND OTHER INVESTMENTS 8421409 F 8421409 CAPITAL LEASES AND DEPOSITS 106200 106200 X PART V, LINE 4: FUNDS WERE ESTABLISHED FOR THE EXCLUSIVE PURPOSE OF SUPPORTING THE ACTIVITIES OF THE ASSOCIATION SO LONG AS IT IS OPERATED FOR PUBLIC CHARITABLE PURPOSES. PART X, LINE 2: THE ASSOCIATION HAS ADOPTED ACCOUNTING RULES THAT PRESCRIBE WHEN TO RECOGNIZE, AND HOW TO MEASURE THE FINANCIAL STATEMENT EFFECTS OF INCOME TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, ON ITS INCOME TAX RETURNS. THESE RULES REQUIRE MANAGEMENT TO EVALUATE THE LIKELIHOOD THAT, UPON EXAMINATION BY RELEVANT TAXING JURISDICTION, THOSE INCOME TAX POSITIONS WOULD BE SUSTAINED. BASED ON THAT EVALUATION, THE ASSOCIATION ONLY RECOGNIZES THE MAXIMUM BENEFIT OF EACH INCOME TAX POSITION THAT IS MORE THAN 50% LIKELY TO BE SUSTAINED. TO THE EXTENT THAT ALL OR A PORTION OF THE BENEFITS OF AN INCOME TAX POSITION ARE NOT RECOGNIZED, A LIABILITY WOULD BE RECOGNIZED FOR THE UNRECOGNIZED BENEFITS, ALONG WITH ANY INTEREST AND PENALTIES THAT WOULD RESULT FROM DISALLOWANCE OF THE POSITION. SHOULD ANY SUCH PENALTIES AND INTEREST BE INCURRED, THEY WOULD BE RECOGNIZED AS OPERATING EXPENSES. THE ASSOCIATION HAS NET OPERATING LOSSES TOTALING $5,892,601 AND $5,677,468 AVAILABLE FOR CARRYFORWARD TO OFFSET FUTURE TAXES AT JUNE 30, 2018 AND 2017. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE ASSOCIATION HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE ASSOCIATION'S EXEMPT STATUS IN JEOPARDY AS OF JUNE 30, 2018. X X X X X 1 BENEFACTOR GROUP 450 S FRONT STREET COLUMBUS OH 43215 CONSULTING 0 534998 12960 522038 534998 12960 522038 OH SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE BENEFACTOR GROUP PROVIDED CONSULTING AND STUDY DATA TO THE VICTORIA THEATRE ASSOCIATION IN CONNECTION WITH AN ENDOWMENT CAMPAIGN. X X X X 0 0 0 0 0 0 0 0 0 KEN NEUFELD CFO 176538 0 200500 0 0 0 8100 0 6634 0 391772 0 0 0 DAVID SCHRODI PRESIDENT 134998 0 6591 0 1013 0 4170 0 9859 0 156631 0 0 0 PATTI STOLL BOARD MEMBER 68774 CAPITAL LEASE 0 PATTI STOLL BOARD MEMBER 101121 LINE OF CREDIT 0 X ADVERTISING 17 334210 VENDOR INVOICE X PROFESSIONAL SERVICES 19 83471 VENDOR INVOICE X ELECTRONIC EQUIPMENT 2 2500 VENDOR INVOICE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL PRIOR TO BEING FILED. AFTER APPROVAL, THE FULL BOARD IS PROVIDED A COPY OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C DISCLOSURE OF RELATIONSHIP STATEMENT COMPLETED AND SIGNED BY EACH TRUSTEE ANNUALLY. BOARD CONFLICT OF INTEREST POLICY REVIEWED AND SIGNED BY EACH TRUSTEE ANNUALLY. BOARD MEMBER QUESTIONNAIRE COMPLETED ANNUALLY. AT THE START OF EACH BOARD MEETING, TRUSTEES ARE ASKED TO DISCLOSE ANY CONFLICTS OF INTEREST CONCERNING AGENDA ITEMS. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, WE UPDATE ALL JOB DESCRIPTIONS FOR ALL POSITIONS INCLUDING SENIOR STAFF POSITIONS. WE THEN COLLECT SALARY DATA FOR EACH POSITION FROM 4 SEPARATE AND APPROPRIATE SURVEY SOURCES. ALL INFORMATION GATHERED IS REPORTED ON A SPREADSHEET IN THE FORM OF A MIDPOINT FOR THE POSITIONS. MIDPOINTS FROM ALL SURVEYS ARE AVERAGED AND USED TO CALCULATE PAY RANGES FOR EACH JOB DESCRIPTION. MINIMUM AND MAXIMUM AMOUNTS ARE CALCULATED AND INCLUDED ON THE SPREADSHEET SUBMITTED TO THE PRESIDENT & CEO AND ALL BOARD MEMBERS FOR REFERENCE AND REVIEW. ITEMS INCLUDED FOR REVIEW ARE BACK UP DOCUMENTS FOR ALL SURVEYS USED. FOR ALL SENIOR MANAGEMENT POSITIONS EXCEPT THE PRESIDENT & CEO, THE PRESIDENT & CEO MAKES SALARY RECOMMENDATIONS TO THE BOARD OF TRUSTEES FOR APPROVAL. FOR THE PRESIDENT & CEO POSITION, THE BOARD OF TRUSTEES REVIEWS THE DATA, MAKES A RECOMMENDATION AND GOES THROUGH AN APPROVAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE IN BENEFICIAL INTEREST IN FUNDS HELD BY OTHERS 674,579. NPV OF PLEDGES 96,224. FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES HAS THE RESPONSIBILITY OF THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ARTS CENTER FOUNDATION 138 N MAIN ST DAYTON OH 45402 311238139 OWNER OF PERFORMING ARTS COMPLEXES OH 501 (C) (3) TYPE II VICTORIA THEATRE ASSOCIATION 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 ARTS CENTER FOUNDATION D 1145892 FMV ARTS CENTER FOUNDATION P 646963 FMV