2018-11-14T12:50:32-06:00 2017-12-31 141442607 BST & CO CPAS LLP 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2017-01-01 141466353 SARATOGA PERFORMING ARTS CENTER INC SARA 5185849330 108 AVENUE OF THE PINES SARATOGA SPRINGS NY 12866 ELIZABETH SOBOL PRESIDENT & CEO 5185849330 2018-11-14 1 JUDY A CAHEE P00281935 5184596700 2018-11-14 24.213.242.82 2018-11-14 08:48:39 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 EAE8988B22581D35C855AA25424C1101E16CEF4F 2017 2019-02-21 02:37:17Z ELIZABETH SOBOL 108 AVENUE OF THE PINES SARATOGA SPRINGS NY 12866 10507748 0 X WWW.SPAC.ORG X 1962 NY TO PRESENT VIBRANT AND DIVERSE ARTISTIC PERFORMANCES THAT ENGAGE AND ENRICH THE COMMUNITY. 25 25 464 275 0 0 6025256 3768008 3690452 3150976 203770 345885 2087044 1670636 12006522 8935505 0 0 0 0 2401529 2414634 0 0 575576 7376683 6621360 9778212 9035994 2228310 -100489 12247575 12421121 2549677 2142560 9697898 10278561 TO PRESENT VIBRANT AND DIVERSE ARTISTIC PERFORMANCES THAT ENGAGE AND ENRICH THE COMMUNITY. 0 0 7179358 4420770 THE PRESENTATION OF THE PERFORMING ARTS IN ORDER TO SPONSOR, CULTIVATE AND DEVELOP AN UNDERSTANDING AND APPRECIATION OF SUCH ART BY THE CENTER'S MEMBERS AND THE COMMUNITY. WE PRESENT 70-80 EVENTS THROUGHOUT OUR SEASON, REACHING OVER 350,000 PEOPLE EACH YEAR IN THE AREAS OF DANCE, ORCHESTRA, OPERA, CHAMBER MUSIC, JAZZ, AND ROCK AND ROLL. OUR FACILITY IS THE SUMMER HOME TO THE PHILADELPHIA ORCHESTRA, THE NEW YORK CITY BALLET, AND THE CHAMBER MUSIC SOCIETY OF LINCOLN CENTER AT SPAC. 7179358 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 70 0 1 464 1 0 0 0 0 0 1 1 0 0 0 0 X 25 25 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X EDWARD JAY LAFOND 5185849330 108 AVENUE OF THE PINES HALL OF SARATOGA SPRINGS NY 12866 RONALD RIGGI CHAIRMAN 1.00 X X 0 0 0 JEFF VUKELIC VICE CHAIRMAN 1.00 X X 0 0 0 ANTHONY R IANNIELLO ESQ TREASURER 1.00 X X 0 0 0 JULIE FULLER SECRETARY 1.00 X X 0 0 0 GEORGE R HEARST III DIRECTOR 1.00 X 0 0 0 E STEWART JONES JR DIRECTOR 1.00 X 0 0 0 ELIZABETH ALEXANDER DIRECTOR 1.00 X 0 0 0 I NORMAN MASSRY DIRECTOR 1.00 X 0 0 0 DONALD J MCCORMACK DIRECTOR 1.00 X 0 0 0 ELEANOR K MULLANEY DIRECTOR 1.00 X 0 0 0 JOHN J NIGRO DIRECTOR 1.00 X 0 0 0 SUSAN LAW DAKE DIRECTOR 1.00 X 0 0 0 JOHN J GILBERT III DIRECTOR 1.00 X 0 0 0 GERALDINE GOLUB DIRECTOR 1.00 X 0 0 0 MEYER S FRUCHER DIRECTOR 1.00 X 0 0 0 HEATHER MABEE DIRECTOR 1.00 X 0 0 0 CAROL FARMER DIRECTOR 1.00 X 0 0 0 LINDA TOOHEY DIRECTOR 1.00 X 0 0 0 NORMA MEACHAM DIRECTOR 1.00 X 0 0 0 AMY CANTANUCCI DIRECTOR 1.00 X 0 0 0 SONNY BONACIO DIRECTOR 1.00 X 0 0 0 RICHARD HIGGINS DIRECTOR 1.00 X 0 0 0 CHARLES WAIT JR DIRECTOR 1.00 X 0 0 0 JUDY HARRIGAN DIRECTOR 1.00 X 0 0 0 JASON WARD DIRECTOR 1.00 X 0 0 0 ELIZABETH SOBOL PRESIDENT AND CEO 40.00 X 256133 0 17549 EDWARD JAY LAFOND CPA CHIEF FINANCIAL OFFICER 40.00 X 133275 0 28397 MICHELE DESROSIERS CHIEF MARKETING OFFICER 40.00 X 51204 0 1794 440612 0 47740 2 0 1 0 NYC BALLET 20 WEST 63RD STREET NEW YORK NY 10023 PERFORMANCE FEE 1778327 PHILADELPHIA ORCHESTRA 220 S BROAD STREET PHILADELPHIA PA 19102 PERFORMANCE FEE 1538602 MAZZONE HOSPITALITY 743 PIERCE ROAD CLIFTON PARK NY 12065 CATERING FEES 344609 824 PRODUCTIONS 3 DUPLAINVILLE ROAD SARATOGA SPRINGS NY 12866 PRODUCTION SERVICES 235416 CHAMBER MUSIC SOCIETY OF LINCOLN CENTER 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 PERFORMANCE FEE 160656 8 2098038 213807 10000 1446163 105255 3768008 TICKET SALES 711190 2850470 2850470 BOX OFFICE SERVICE FEES 711300 296457 296457 SOUVENIR SALES 453220 4049 4049 3150976 179066 179066 500940 242955 257985 257985 257985 1085341 918522 166819 166819 166819 517248 213807 405308 111940 111940 36375 5458 30917 30917 THIRD PARTY LICENSE FEES 711300 1109433 1109433 SARATOGA JAZZ INCOME 711190 54245 54245 INSURANCE POLICY GAINS 711300 46260 46260 59856 59856 1269794 8935505 4420770 0 746727 X 488352 351511 136841 1535710 958378 407853 169479 50746 36057 14689 190196 146796 43400 149630 72166 55719 21745 27100 27100 51532 51532 4492478 4492478 362335 362335 117902 107451 7838 2613 67415 50561 16854 69197 60964 8233 18410 9205 9205 250614 250614 114555 85916 22911 5728 MISC PRODUCTION EXPENSE 386061 386061 EQUIP MAINT & RENTALS 347971 308269 39702 MISC ADMIN EXPENSE 295155 86786 56521 151848 PRINTING & POSTAGE 20635 7940 9521 3174 9035994 7179358 1281060 575576 170 170 2407741 2088768 1092162 667270 538701 460595 76751 53286 7015407 5503068 1341745 1512339 6404670 7233355 385635 405338 12247575 12421121 424749 338453 1818188 1689637 306740 114470 2549677 2142560 X 2734922 2953077 4267562 4610070 2695414 2715414 9697898 10278561 12247575 12421121 X -100489 653317 27835 X X 0 1 X 1 0 X 2594757 3219492 3417210 6025256 3768006 19024721 2594757 3219492 3417210 6025256 3768006 19024721 824352 18200369 1943259 1759061 1448254 2104009 1789439 9044022 752477 721569 828655 797054 667724 3767479 31836222 16604522 0.57170 0.56200 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2013 AMOUNT: $ 43,286. 2014 AMOUNT: $ 44,656. 2015 AMOUNT: $ 29,193. 2016 AMOUNT: $ 27,506. 2017 AMOUNT: $ 59,856. SARATOGA JAZZ FESTIVAL - 2013 AMOUNT: $ 25,828. 2014 AMOUNT: $ 21,521. 2015 AMOUNT: $ 40,607. 2016 AMOUNT: $ 45,401. 2017 AMOUNT: $ 54,245. GROSS FUNDRAISING EVENT REVENUE - 2013 AMOUNT: $ 645,092. 2014 AMOUNT: $ 615,053. 2015 AMOUNT: $ 720,435. 2016 AMOUNT: $ 679,207. 2017 AMOUNT: $ 517,248. GROSS GAMING ACTIVITIES REVENUE - 2013 AMOUNT: $ 38,271. 2014 AMOUNT: $ 40,339. 2015 AMOUNT: $ 38,420. 2016 AMOUNT: $ 44,940. 2017 AMOUNT: $ 36,375. 6751184 24705 1004630 51532 7728987 5997010 114770 682712 43308 6751184 6192303 2189 -156469 41013 5997010 5904305 6395 318560 36957 6192303 4809771 1350 1125453 32269 5904305 0.19630 0.35130 0.45240 0 0 4807181 3698277 1108904 2208226 1804791 403435 1512339 ACCRUED PENSION 87402 ACCRUED POSTRETIREMENT BENEFITS 27068 114470 X PART V, LINE 4: SPAC'S POLICY FOR DISTRIBUTING ENDOWMENT FUND EARNINGS IS BASED ON THE NEED TO SUPPORT ITS CLASSICAL PROGRAMMING. WHETHER ANY DISTRIBUTIONS ARE MADE FROM ENDOWMENT FUNDS IS DECIDED ANNUALLY BY THE BOARD OF DIRECTORS IN CONJUNCTION WITH SPAC'S OPERATING BUDGET. ACCORDINGLY, OVER THE LONG TERM, SPAC EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO GROW AT A RATE THAT EXCEEDS THE RATE OF INFLATION. THIS IS CONSISTENT WITH SPAC'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: SPAC AND THE MUSEUM EACH FILE FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR AMOUNT OF THE POSITION'S TAX BENEFIT THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT EVALUATED SPAC'S AND THE MUSEUM'S TAX POSITIONS, INCLUDING INTEREST AND PENALTIES ATTRIBUTABLE THERETO, AND CONCLUDED THAT SPAC AND THE MUSEUM HAVE TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN THEIR FINANCIAL STATEMENTS AS OF DECEMBER 31, 2017 AND 2016. NYCB GALA 181095 72216 108879 15300 25574 4750 28988 WINE FESTIVAL 322788 322788 37358 23280 1950 172203 4 227172 141591 85581 52694 4000 39211 731055 213807 517248 52658 101548 10700 240402 405308 111940 36375 5458 0 36375 5458 5458 30917 NY 1 0 0 0 1.00000 EDWARD JAY LAFOND 108 AVE OF THE PINES SARATOGA SPRINGS NY 12866 0 0 X X X X X X 0 0 0 0 0 0 0 0 0 ELIZABETH SOBOL PRESIDENT AND CEO 256133 0 0 0 0 0 0 0 17549 0 273682 0 0 0 EDWARD JAY LAFOND CPA CHIEF FINANCIAL OFFICER 133275 0 0 0 0 0 27684 0 713 0 161672 0 0 0 SONNY BONACIO SEE PART V 152872 SEE PART V 0 SCHEDULE L, PART IV, LINE 1, COLUMN B: DIRECTOR OF THE ORGANIZATION SCHEDULE L, PART IV, LINE 1, COLUMN D: SONNY BONACIO IS THE PRESIDENT OF BONACIO CONSTRUCTION. THE ORGANIZATION MADE PAYMENTS TO BONACIO CONSTRUCTION FOR CONSTRUCTION SERVICES. X 13 105255 SELLING PRICE 0 1 1 PART I, LINE 32B: THE ORGANIZATION HAS AN ACCOUNT WITH A REGISTERED BROKERAGE FIRM TO SELL DONATED SECURITIES ON ITS BEHALF. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS COMPRISED OF MEMBERS THAT CONTRIBUTE TO THE ORGANIZATION AT DIFFERENT LEVELS TO FURTHER THE GOALS AND OBJECTIVES OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION IS COMPRISED OF MEMBERS THAT CONTRIBUTE TO THE ORGANIZATION AT DIFFERENT LEVELS TO FURTHER THE GOALS AND OBJECTIVES OF THE ORGANIZATION. CURRENTLY, THE ORGANIZATION HAS TWELVE LEVELS OF MEMBERSHIP DEPENDING ON THE AMOUNT OF CONTRIBUTION. THE RANGE IS $25 TO $100,000. THE BOARD OF DIRECTORS ANNUALLY DETERMINES THE LEVEL AT WHICH A MEMBER IS ENTITLED TO VOTE. DEPENDING ON THE LEVEL OF MEMBERSHIP, SUCH MEMBERS ARE ENTITLED TO VOTE ON ISSUES BROUGHT FORTH BEFORE THE MEMBERSHIP INCLUDING ELECTIONS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 RETURN WAS SENT TO EACH BOARD MEMBER TO BE REVIEWED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOTH MANAGEMENT AND DIRECTORS ARE FAMILIARIZED WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICIES UPON ORIENTATION AND ARE ASKED TO COMPLETE AN ANNUAL QUESTIONAIRE RELATED TO COMPLIANCE WITH THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15A SEE SCHEDULE J LINE 3. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON OUR WEBSITE ALONG WITH OUR BYLAWS AND CONFLICT OF INTEREST POLICY. THE 990 RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH OUR BUSINESS OFFICE UPON REQUEST. FORM 990, PART IX, LINE 11G DIRECT TALENT COSTS: PROGRAM SERVICE EXPENSES 4,492,478. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,492,478. FORM 990, PART XI, LINE 9: PENSION ADJUSTMENT 27,835. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NATIONAL MUSEUM OF DANCE 99 SOUTH BROADWAY SARATOGA SPRINGS NY 12866 222683076 DANCE MUSEUM NY 501(C)3 LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0