2018-05-14T08:40:40-05:00 2017-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2016-07-01 412017278 HENNEPIN THEATRE TRUST HENN 6124559500 900 HENNEPIN AVE MINNEAPOLIS MN 55403 MARK NERENHAUSEN PRESIDENT/CEO 6124559500 2018-05-08 1 KAREN GRIES P00078514 6123764500 2016 2022-09-23 18:48:47Z X MARK NERENHAUSEN 900 HENNEPIN AVE MINNEAPOLIS MN 55403 36572344 0 X WWW.HENNEPINTHEATRETRUST.ORG X 2000 MN HENNEPIN THEATRE TRUST IS A NONPROFIT ORGANIZATION THAT CREATES POSITIVE CHANGE THROUGH THE ARTS BY BRINGING TOGETHER PEOPLE, BUSINESSES AND ORGANIZATIONS IN WEDO, THE WEST DOWNTOWN MPLS CULTURAL DISTRICT, TO CREATE AND ENJOY CULTURAL EXPERIENCES. 19 19 74 322 10708 470 4791622 5475943 21624850 31055275 4685 2500 236468 15244 26657625 36548962 0 0 0 0 2579319 2574519 0 70940 1164679 24446346 33332170 27025665 35977629 -368040 571333 19099119 21117306 18419056 19865910 680063 1251396 X HENNEPIN THEATRE TRUST CREATES POSITIVE CHANGE THROUGH THE ARTS BY BRINGING TOGETHER PEOPLE, BUSINESSES AND ORGANIZATIONS IN THE WEST DOWNTOWN CULTURAL DISTRICT (WEDO ) TO CREATE AND ENJOY CULTURAL EXPERIENCES. WE ARE A UNIQUE DRIVER OF ECONOMIC GROWTH IN DOWNTOWN MINNEAPOLIS. EACH YEAR, WE SUCCESSFULLY FILL THREE HISTORIC THEATRES WITH A DIVERSE RANGE OF WORLD-CLASS PERFORMANCES THAT ATTRACT MORE THAN 600,000 PEOPLE TO MINNEAPOLIS.OUR NEWEST COMMUNITY SPACES AT 900 HENNEPIN - ALSO HOME TO OUR ORGANIZATION - COMPLEMENT OUR PRESENCE ALONG HENNEPIN AVENUE, WHICH ADDS UP TO A LOCUS OF CREATIVITY UNIQUE IN MINNESOTA. RESTAURANTS, HOTELS, CORPORATIONS, RETAIL, MUSEUMS, DANCE, CONCERTS, AND SPORTING EVENTS - EVEN A SCHOOL AND A COLLEGE - CONNECT OUR THEATRES AND THE SPACES BETWEEN TO CREATE AN ECLECTIC URBAN CAMPUS, ANCHORED BY THE PERFORMING ARTS. 0 0 32038860 30757214 PROGRAMMING:WE CREATE POSITIVE CHANGE THROUGH THE ARTS AS A DRIVER OF ECONOMIC GROWTH IN DOWNTOWN MINNEAPOLIS. WE SUCCESSFULLY FILL THREE HISTORIC THEATRES - MORE THAN 5,700 SEATS - WITH 400 PLUS DIVERSE, WORLD-CLASS PERFORMANCES ANNUALLY. OUR ABILITY TO ATTRACT WORLD PREMIERES AND AWARD-WINNING PRODUCTIONS TO MINNESOTA MAKES OUR STATE A MAJOR TOURING MARKET, DRAWING MORE THAN 600,000 PEOPLE TO DOWNTOWN EACH YEAR, AND CONCENTRATING SPENDING POWER AND TOURING ON DOWNTOWN RESTAURANTS AND HOTELS. THE BROADWAY LEAGUE, THE NATIONAL TRADE ASSOCIATION FOR BROADWAY, ESTIMATES THAT FOR EVERY $1 SPENT ON A TICKET THERE IS $3.27 SPEND IN THE LOCAL ECONOMY. YEAR-ROUND, HIGH-QUALITY PROGRAMMING ALSO ENSURES THAT IMPORTANT HISTORIC BUILDINGS REMAIN A PART OF MINNESOTA'S ARCHITECTURAL LANDSCAPE AND MAINTAIN A HEALTHY AND VIBRANT DOWNTOWN EXPERIENCE. BY 2021, ALL THREE THEATRES AND 900 HENNEPIN WILL HAVE REACHED 100-YEAR MILESTONES. 508377 2175 PUBLIC ART:WE COMPLEMENT THE THEATRE EXPERIENCE WITH PUBLIC ART EXPERIENCES BY LOCAL ARTISTS. OUR AWARD-WINNING ACTIVITIES INCLUDE THE MADE HERE INITIATIVE, WHICH BRINGS ART TO UNEXPECTED PLACES; LARGE-SCALE MURALS, INCLUDING THE NOW-ICONIC BOB DYLAN AND HENNEPIN AVENUE-INSPIRED POP ART PIECES; AND POP-UP PERFORMANCES ALONG HENNEPIN AVENUE THAT CREATE SAFE AND WELCOMING SPACES FOR ALL VISITORS.THE ECONOMIC RIPPLE EFFECTS OF THESE EFFORTS HAVE RESULTED IN LOCAL ARTISTS SELLING NEARLY $20,000 WORTH OF ART, AND 10 PREVIOUSLY VACANT BUILDINGS BEING LEASED WITHIN 18 MONTHS OF PARTICIPATING IN MADE HERE. OUR CIVIC, BUSINESS AND NONPROFIT PARTNERSHIPS ENABLE US TO CREATE A VIBRANT CULTURAL DESTINATION THAT POSITIONS THE TWIN CITIES AS A COMPETITIVE AND ATTRACTIVE PLACE TO DO BUSINESS AND RECRUIT A HIGHLY SKILLED WORKFORCE. WE ALSO EMPLOYED A CREATIVE WORKFORCE OF MORE THAN 500 LOCAL ARTISTS (EXCLUDING TOURING SHOWS) THROUGH OUR VARIOUS INITIATIVES. 455816 51418 EDUCATION:THE TRUST IS A VITAL PART OF MINNESOTA'S HIGH SCHOOL MUSICAL THEATRE COMMUNITY. WITH EDUCATION PROGRAMS REACHING MORE THAN 100 URBAN, SUBURBAN AND RURAL SCHOOLS THROUGHOUT THE STATE, WE PROVIDE UNIQUE, HIGH-QUALITY EXPERIENCES IN MUSICAL THEATRE AT A TIME WHEN MANY SCHOOLS STRUGGLE TO PROVIDE BASIC ARTS EDUCATION.OUR SPOTLIGHT EDUCATION PROGRAM ELEVATES ESTABLISHED HIGH SCHOOL ARTS CURRICULA BY BRINGING AFFORDABLE, HIGH-QUALITY TRAINING AND INSTRUCTION TO COMMUNITIES LARGE AND SMALL ACROSS THE STATE. SCHOOLS AND STUDENTS ALSO RECEIVE RECOGNITION THAT HELPS RAISE THEIR COMMUNITIES' VISIBILITY AND VITALITY. 416323 46500 COMMUNITY ENGAGEMENT:THE TRUST CREATES UNIQUE OPPORTUNITIES TO DEEPEN COMMUNITY ENGAGEMENT WITH OUR THEATRES. IN 2016, WE COLLABORATED WITH FRASER AND OTHER LOCAL NONPROFITS TO PRESENT A SENSORY-FRIENDLY VERSION OF DISNEY'S THE LION KING. OUR UNIQUE PARTNERSHIPS BROUGHT THE FIRST SENSORY-FRIENDLY BROADWAY TOURING SHOW TO MINNESOTA FAMILIES WITH A FULL-SCALE PRODUCTION MODIFIED TO ACCOMMODATE PEOPLE WITH SENSORY DISABILITIES. TWO YEARS IN A ROW, THE TRUST HAS PARTNERED WITH THE UNIVERSITY OF DULUTH AND THE 24 HOUR PLAYS TO RAISE THE PROFILE OF MINNESOTA'S THEATRE COMMUNITY WITH A NATIONALLY RECOGNIZED TEMPLATE FOR CREATIVE FUNDRAISING. THE PARTNERSHIP BRINGS MAJOR TALENT TO THE TWIN CITIES ALONGSIDE LOCAL ARTISTS AND CULMINATES IN A UNIQUE NIGHT OF THEATRE THAT BENEFITS THE TRUST'S AND UMD'S EDUCATION PROGRAMS.THE TRUST TEAMS UP WITH COMMUNITY VOLUNTEERS EACH YEAR TO PROVIDE GREAT ARTS EXPERIENCES FOR ITS AUDIENCES. LAST SEASON WE WORKED WITH 300-PLUS VOLUNTEERS WHO PUT IN MORE THAN 5,000 HOURS OF THEIR TIME.THE TRUST ALSO PROVIDES FREE TICKETS TO THOUSANDS OF COMMUNITY MEMBERS EACH YEAR WHO OTHERWISE COULD NOT AFFORD TO ATTEND OUR EVENTS. IN 2017, WE PROVIDED TICKETS TO 3,150 PEOPLE THROUGH PARTNERSHIPS WITH 16 NONPROFIT ORGANIZATIONS. 416323 46500 33419376 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 148 0 74 1 1 1 0 0 0 0 1 1 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 MN X X MARK NERENHAUSEN 6124559510 900 HENNEPIN AVE MINNEAPOLIS MN 55403 ANN SIMONDS BOARD CHAIR 1.00 X X 0 0 0 JAY NOVAK VICE CHAIR 1.00 X X 0 0 0 TRAVIS BARKVE FINANCE CHAIR 1.00 X X 0 0 0 JUDY BLASEG DEVELOPMENT CHAIR 1.00 X X 0 0 0 BARBARA KLAAS CHAIR-BOARD AFFAIRS 1.00 X X 0 0 0 THOMAS J ROSEN FINANCE CHAIR (THROUGH DEC 2016) 1.00 X X 0 0 0 JULIE BETH MCFALL VIPPERMAN SECRETARY 1.00 X X 0 0 0 SCOTT A BENSON TRUSTEE 1.00 X 0 0 0 DANIEL PIERCE BERGIN TRUSTEE 1.00 X 0 0 0 RALPH W BURNET TRUSTEE 1.00 X 0 0 0 SONIA CAIRNS TRUSTEE (THROUGH DEC 2016) 1.00 X 0 0 0 ANDREA CHRISTENSON TRUSTEE 1.00 X 0 0 0 DAN CRAMER TRUSTEE (THROUGH DEC 2016) 1.00 X 0 0 0 MICHELE ENGDAHL TRUSTEE 1.00 X 0 0 0 GLORIA FREEMAN TRUSTEE 1.00 X 0 0 0 KATHLEEN GULLICKSON TRUSTEE 1.00 X 0 0 0 LINDA IRELAND TRUSTEE (THROUGH DEC 2016) 1.00 X 0 0 0 JEANNIE JOAS TRUSTEE 1.00 X 0 0 0 JIM LINNETT TRUSTEE 1.00 X 0 0 0 MARK MARJALA TRUSTEE 1.00 X 0 0 0 ANNETTE MEEKS TRUSTEE 1.00 X 0 0 0 JANN OLSTEN TRUSTEE (THROUGH DEC 2016) 1.00 X 0 0 0 DAVID ORBUCH TRUSTEE (THROUGH JAN 2017) 1.00 X 0 0 0 DENEANE RICHBURG TRUSTEE 1.00 X 0 0 0 TOM VITT TRUSTEE 1.00 X 0 0 0 MARK NERENHAUSEN PRESIDENT/CEO 50.00 X 0 0 0 JIM LANGEMO CHIEF ADMINISTRATIVE OFFICER 40.00 X 102196 0 5356 TOM HOCH PRESIDENT/CEO 50.00 X 304625 0 240 KJIRSTEN JOHNSON CFO 40.00 X 134330 0 4435 NAOMI PESKY VP OF EXTERNAL RELATIONS 40.00 X 139875 0 7931 NATHAN SOLAND DIRECTOR OF DEVELOPMENT 40.00 X 108163 0 4212 789189 0 22174 5 0 1 0 BUENA VISTA THEATRICAL GROUP 214 WEST 42ND STREET SUITE 300 NEW YORK NY 10036 PRODUCER 6527957 JUMAMOSI TOUR LIMITED PARTNERSHIP 1501 BROADWAY SUITE 1614 NEW YORK NY 10036 PRODUCER 2990883 I'VE DECIDED TO TOUR WITH YOU LLC 630 NINTH AVENUE SUITE 1200 NEW YORK NY 10036 PRODUCER 501079 CURIOUS INCIDENT NATIONAL TOUR LP 230 W 41ST ST SUITE 1703 NEW YORK NY 10036 PRODUCER 445225 AMAZING TOUR CO LLC 818 WEST DIAMOND AVENUE SUITE 250 GAITHERSBURGH MD 20878 PRODUCER 398976 10 783385 4692558 557215 5475943 SHOW REVENUE 711300 30757214 30757214 COMMUNITY PROGRAMS 900099 125399 125399 MARKETING AND TICKETING REVENUE 900099 100093 100093 SPONSORSHIPS 900099 72569 61861 10708 31055275 2500 2500 38626 23382 15244 15244 36548962 31044567 10708 17744 550646 550646 1548234 1061560 48733 437941 47386 23959 14898 8529 229873 140963 43132 45778 198380 117003 44127 37250 23494 2502 20992 16500 16500 70940 70940 309800 177094 60058 72648 47718 46959 759 76722 13766 58655 4301 102162 45736 42714 13712 246947 124503 122444 47135 41426 4685 1024 1166985 1160675 6310 717803 702760 15043 109610 104 109506 SHOW COSTS 28851016 28851016 COMMUNITY PROGRAM EXPEN 416210 414930 1280 IN-KIND EXPENSE 340045 182069 42396 115580 MEMBERSHIP EXPENSE 289218 289218 570805 312351 192735 65719 35977629 33419376 1393574 1164679 1882439 1692618 291699 647459 398913 2490 1222 628272 203247 25173308 6643701 15916676 18529607 21783 19099119 21117306 861047 671486 182075 78010 17375934 19116414 18419056 19865910 X 411073 893852 268990 357544 680063 1251396 19099119 21117306 571333 0 X 0 1 X 1 0 X 4010534 4805215 4727118 4791622 5475943 23810432 14691119 26339106 20312561 21861318 31044567 114248671 18701653 31144321 25039679 26652940 36520510 138059103 0 0 0 138059103 2444 3543 4338 4685 2500 17510 2444 3543 4338 4685 2500 17510 470 470 18704097 31147864 25044017 26657625 36523480 138077083 0.99990 0.98770 0.00010 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 765900 765900 23423080 6258665 17164415 766762 278548 488214 217566 106488 111078 18529607 X 36600033 51071 51071 36548962 0 36548962 36028700 51071 51071 35977629 0 35977629 PART X, LINE 2: THE TRUST QUALIFIES AS A TAX-EXEMPT NONPROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATUTES OF MINNESOTA LAW. ACCORDINGLY, INCOME TAXES HAVE NOT BEEN RECORDED. THE TRUST HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION UNDER APPLICABLE ACCOUNTING GUIDANCE. 1 FOX ADVANCEMENT 807 BROADWAY ST NE SUITE 250 MINNEAPOLIS MN 55413 CAPITAL CAMPAIGN CONSULTING 0 0 70940 0 70940 MN X X X 0 0 0 0 0 0 0 0 0 TOM HOCH PRESIDENT/CEO 240569 0 55200 0 8856 0 0 0 240 0 304865 0 0 0 X TICKETS 3851 219484 FAIR VALUE X OFFICE FURNITURE 1 215976 FAIR VALUE X CATERING 29 121755 FAIR VALUE 0 0 0 PART I, COLUMN (B): THE ORGANIZATION REPORTS THE NUMBER OF CONTRIBUTIONS ON PART I, COLUMN B. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR, VICE-CHAIR, PRESIDENT, TREASURER, AND COMMITTEE CHAIRS OF THE GOVERNANCE COMMITTEE AND DEVELOPMENT COMMITTEE. THE EXECUTIVE COMMITTEE IS CHARGED WITH FULFILLING THE BOARD'S FUNCTION WHEN THE BOARD IS NOT IN SESSION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE RETURN IS PREPARED AND REVIEWED BY FINANCE STAFF, IT IS THEN MADE AVAILABLE FOR EACH TRUSTEE OF THE BOARD TO REVIEW. THE BOARD AND FINANCE CHAIR WILL GIVE THE FINAL APPROVAL OF THE RETURN BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY GOVERNS THE ACTIVITIES OF THE BOARD OF TRUSTEES, OFFICERS, AND STAFF. ANNUALLY, THE BOARD OF TRUSTEES COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH S/HE IS INVOLVED THAT WOULD CONTRIBUTE TO A CONFLICT OF INTEREST. ANY IDENTIFIED CONFLICTS OF INTEREST ARE EVALUATED ON A CASE-BY-CASE BASIS BY THE PRESIDENT/CEO. IF A CONFLICT IS IDENTIFIED, THAT INDIVIDUAL WILL BE EXCLUDED FROM PARTICIPATING IN DECISIONS RELATED TO THE CONFLICT. ALL STAFF AND BOARD TRUSTEES ARE EXPECTED TO CONDUCT THEIR ACTIVITIES IN WAYS THAT AVOID THE APPEARANCE OF A CONFLICT OF INTEREST, OR ACTUAL LOSS OR EMBARASSMENT TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL: A 360 DEGREE EVALUATION OF THE PRESIDENT/CEO IS PERFORMED BY THE STAFF AND THE BOARD. COMPENSATION DATA OF COMPARABLE ORANIZATIONS IN COMPARABLE MARKETS IS PULLED TOGETHER BY THE BOARD CHAIR AND VICE CHAIR. IN CONSULTATION WITH THE EXECUTIVE COMMITTEE, COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD. THIS PROCESS WAS MOST RECENTLY COMPLETED IN 2017. COMPENSATION FOR OTHER OFFICERS & KEY EMPLOYEES: A SALARY ANALYSIS IS COMPLETED BY OASISDEG (HR PROVIDER), REVIEWED BY RELEVANT STAFF, AND APPROVED BY THE CEO/PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.