2018-06-27T16:17:51-05:00 2017-08-31 381357951 PLANTE & MORAN PLLC 10 S Riverside Plaza 9th Floor Chicago IL 60606 990 2016-09-01 510149370 STEPPENWOLF THEATRE COMPANY STEP 3126545642 1700 N HALSTED STREET CHICAGO IL 60614 L Heather Mitchell TREASURER 3126545642 2018-06-08 1 Lu Ann Trapp P01506476 3122071040 2018-05-24 2016 2022-09-23 18:48:47Z Eric Lefkofsky 1700 N HALSTED STREET CHICAGO IL 60614 22544466 0 X WWW.STEPPENWOLF.ORG X 1975 IL PROVIDE THEATRICAL LEARNING OPPORTUNITIES FOR AUDIENCES THAT SPUR CIVIC CONVERSATION. 49 45 521 1000 434314 0 8653727 10606858 7166026 5951000 1274515 1300893 -212810 -313024 16881458 17545727 0 0 0 0 9594949 9741346 31500 121206 1867233 7229629 7368140 16856078 17230692 25380 315035 55163477 56921453 25098628 24822266 30064849 32099187 X STEPPENWOLF THEATRE COMPANY IS WHERE GREAT ACTING MEETS BIG IDEAS. OUR PASSION IS TO TELL STORIES ABOUT HOW WE LIVE NOW. OUR MISSION IS TO ENGAGE AND EDUCATE AUDIENCES USING AN EXCHANGE OF IDEAS THAT MAKES US THINK HARDER, LAUGH LONGER, FEEL MORE.THE COMPANY WAS FORMED IN 1975 BY A COLLECTIVE OF ACTORS AND IS DEDICATED TO AN ETHIC OF MUTUAL RESPECT AND THE DEVELOPMENT OF ARTISTS THROUGH ONGOING GROUP WORK. STEPPENWOLF HAS GROWN INTO AN INTERNATIONALLY RENOWNED ENSEMBLE OF 49 ACTORS WHO REPRESENT A REMARKABLE GENERATION OF ACTORS, DIRECTORS, AND PLAYWRIGHTS. 0 0 12196941 5226521 Steppenwolf produces a seven-play main stage Subscription Series and a multi-genre performance series called "LookOut." Steppenwolf Education provides arts education for 20,000 through two plays, in-school arts residencies, teacher professional development, afterschool leadership program, and community programming that utilizes partnerships. Our nationally competitive Professional Leadership Programs and Multicultural Fellowship program provides mentorship, hands-on training, networking opportunities and career advancement for aspiring arts administrators. The School at Steppenwolf is a program that trains working actors in ensemble principles and practices. 12196941 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 196 0 1 521 1 1 1 0 0 0 0 1 1 0 0 0 0 X 49 45 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X JACKIE SNUTTJER 3126545642 1700 N HALSTED STREET CHICAGO IL 60614 X Eric Lefkofsky Chair 5.00 0.00 X X 0 0 0 Keating Crown Vice Chair 5.00 0.00 X X 0 0 0 Heather Mitchell Secretary 5.00 0.00 X X 0 0 0 Deborah Quazzo Treasurer 5.00 0.00 X X 0 0 0 Sarah Beardsley Trustee 5.00 0.00 X 0 0 0 Michael Bender Trustee 5.00 0.00 X 0 0 0 Henry S Bienen Trustee 5.00 0.00 X 0 0 0 Marlene Breslow-Blitstein Trustee 5.00 0.00 X 0 0 0 Carole Brown Trustee 5.00 0.00 X 0 0 0 Doug Brown Trustee 5.00 0.00 X 0 0 0 Ebs Burnough Trustee 5.00 0.00 X 0 0 0 Elizabeth Connelly Trustee 5.00 0.00 X 0 0 0 Nora Daley Trustee 5.00 0.00 X 0 0 0 Beth Davis Trustee 5.00 0.00 X 0 0 0 Amy Eshleman Trustee 5.00 0.00 X 0 0 0 Rich Feitler Trustee 5.00 0.00 X 0 0 0 Juliette Feld Trustee 5.00 0.00 X 0 0 0 Cameron Findlay Trustee 5.00 0.00 X 0 0 0 Larry Gill Trustee 5.00 0.00 X 0 0 0 Paul Goodrich Trustee 5.00 0.00 X 0 0 0 Matthew Gray Trustee 5.00 0.00 X 0 0 0 Bob Greenebaum Trustee 5.00 0.00 X 0 0 0 Caryn Harris Trustee 5.00 0.00 X 0 0 0 John Hart Trustee 5.00 0.00 X 0 0 0 Jon Michael Hill Trustee 5.00 0.00 X 11876 0 0 Dennis Howarter Trustee 5.00 0.00 X 0 0 0 George Joseph Trustee 5.00 0.00 X 0 0 0 Donna La Pietra Trustee 5.00 0.00 X 0 0 0 Tina Landau Trustee 5.00 0.00 X 0 0 0 Tracy Letts Trustee 5.00 0.00 X 117133 0 0 Mary Ludford Trustee 5.00 0.00 X 0 0 0 Ron Mallicoat Trustee 5.00 0.00 X 0 0 0 Holly Maloney Trustee 5.00 0.00 X 0 0 0 Tarell McCraney Trustee 5.00 0.00 X 0 0 0 David Mendelsohn Trustee 5.00 0.00 X 0 0 0 Verett Mims Trustee 5.00 0.00 X 0 0 0 Chris Murphy Trustee 5.00 0.00 X 0 0 0 Lynn Lockwood Murphy Trustee 5.00 0.00 X 0 0 0 Kate Nardin Trustee 5.00 0.00 X 0 0 0 Yasen Peyankov Trustee 5.00 0.00 X 31940 0 0 Ken Porrello Trustee 5.00 0.00 X 0 0 0 Merle Reskin Trustee 5.00 0.00 X 0 0 0 Randall K Rowe Trustee 5.00 0.00 X 0 0 0 Cari Sacks Trustee 5.00 0.00 X 0 0 0 Bruce Sagan Trustee 5.00 0.00 X 0 0 0 Robert Sanborn Trustee 5.00 0.00 X 0 0 0 Manny Sanchez Trustee 5.00 0.00 X 0 0 0 Matthew Shapiro Trustee 5.00 0.00 X 0 0 0 Stephanie Smith Trustee 5.00 0.00 X 0 0 0 Colette Smithburg Trustee 5.00 0.00 X 0 0 0 Elliot Stultz Trustee 5.00 0.00 X 0 0 0 Bryan Traubert Trustee 5.00 0.00 X 0 0 0 John Walter Trustee 5.00 0.00 X 0 0 0 Helen Zell Trustee 5.00 0.00 X 0 0 0 Anna D Shapiro Artistic Director 40.00 1.00 X X 308200 0 18000 David Schmitz Managing Director 40.00 1.00 X 218406 0 25864 Sandy Karuschak Director of Development 40.00 0.00 X 158531 0 16524 John Zinn Director of Marketing 40.00 0.00 X 103779 0 9620 David Hawkanson Former Executive Director 40.00 0.00 X 105703 0 0 1055568 0 70008 6 1 1 0 Menhall Design & Build 2905 W Eastwood Chicago IL 60625 Contractor Services 435684 Adage Technologies 10 S Riverside Plaza Suite 1500 Chicago IL 60606 Website Development Services 314188 Adrian Smith & Gordon Gill 111 W Monroe Suite 2300 Chicago IL 60603 Architectural Services 247500 William Blair 222 W Adams St Chicago IL 60606 Investment Management 146151 Party Time Productions 6150 W Howard St Niles IL 60714 Event Services 136363 8 1112328 160000 9334530 454900 10606858 SUBSCRIPTION REVENUE 711110 4770221 4770221 TICKET REVENUE 711110 439004 439004 COSTUME SALES/RENTALS 711110 261043 261043 PARKING INCOME 711110 179391 179391 TICKET HANDLING INCOME 711110 137041 137041 164300 94100 70200 5951000 569605 569605 4313 4313 88357 0 88357 88357 88357 4205946 3474658 731288 731288 731288 197218 1112328 534047 -336829 -336829 879260 990034 -110774 -213845 103071 MISCELLANEOUS INCOME 900099 41909 41909 41909 17545727 5226521 434314 1278034 832380 308243 273544 250593 7144873 5099896 1330970 714007 259919 225614 15112 19193 906634 685307 127879 93448 597540 424026 106255 67259 600 600 54630 54630 121206 121206 110832 110832 701184 621511 69998 9675 1194910 1173712 832 20366 506025 306953 158159 40913 207631 82015 44964 80652 336321 336321 642542 461635 152517 28390 556787 453069 14115 89603 11183 9988 720 475 426871 421504 5367 1136189 852142 113619 170428 114587 85940 11459 17188 PRODUCTION MATERIALS 629435 629435 Bank Fees 217652 163292 20356 34004 Equipment - maintenance 213032 151247 53561 8224 SUBSCRIPTIONS 38064 3321 31604 3139 269665 123274 53288 93103 17230692 12196941 3166518 1867233 5551881 6389571 204010 701554 7963263 6917052 88148 109085 1363 0 1053724 1197461 32702415 14975057 16865897 17727358 23165550 23879372 269641 0 55163477 56921453 1197415 1401709 2939023 3158488 17000000 16260521 3962190 4001548 25098628 24822266 X 13052773 12037214 8874727 11924624 8137349 8137349 30064849 32099187 55163477 56921453 X 315035 1436864 282439 X 0 1 X 1 0 X 11030132 10266669 8069567 8653727 10606858 48626953 11030132 10266669 8069567 8653727 10606858 48626953 2558689 46068264 1284670 1865084 1048242 713869 662275 5574140 -43969 -43969 39586 3704 22106 51131 41909 158436 54315560 39385739 0.84820 0.79850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12591449 25687 1636487 657205 13596418 12147524 345286 756060 657421 12591449 13134443 -338831 648088 12147524 11609341 77240 2056260 608398 13134443 10871448 1297762 559869 11609341 0.28000 0.60000 0.12000 1 0 4055840 4055840 20143979 11225484 8918495 5571138 3200963 2370175 2931458 548610 2382848 17727358 ANNUITIES PAYABLE CURRENT 52942 DUE TO AFFILIATE 3382347 Fair Value of Interest Rate Swap 303373 ANNUITIES PAYABLE LONG TERM 262886 4001548 X 21165960 1436864 47398 2246803 3731065 17434895 110832 110832 17545727 18804818 47398 1637560 1684958 17119860 110832 110832 17230692 Part V, Line 4: THE THEATRE USES ENDOWMENT FUNDS ON AN ANNUAL BASIS AS PERMITTED BY LAW AND POLICY FOR PROGRAMMING AND ARTISTIC INITIATIVES THAT FULFILL THE MISSION OF THE ORGANIZATION. Part X, Line 2: The Theatre's application of accounting principles generally accepted in the United States of America regarding uncertain tax positions had no effect on its financial position as management believes the Theatre has no material unrecognized income tax benefits, including any potential risk of loss of its not-for-profit tax status. The Theatre would recognize interest and penalties related to unrecognized tax positions in interest and income tax expense, respectively. However, the Theatre has no amounts accrued for interest or penalties as of August 31, 2017. Part XI, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSES 534,047. COST OF GOODS SOLD 990,033. CONSOLIDATED STATEMENTS - REVENUE OF AFFILIATED ORGANIZATION 440,284. CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 282,439. Part XII, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSES 534,047. COST OF GOODS SOLD 990,033. CONSOLIDATED STATEMENTS - EXPENSES OF AFFILIATED ORGANIZATION 113,480. X X X X X X X 1 HURLEY & ASSOCIATES 860 N LAKE SHORE DR 15l Chicago IL 60611 CONSULTING ON FUNDRAISING BEST PRACTICES. 0 0 99750 -99750 99750 -99750 IL GALA 1149361 977098 172263 145943 85657 5000 252908 WOMEN IN THE ARTS 146210 131810 14400 5089 18737 19985 1 13975 3420 10555 198 530 1309546 1112328 197218 151032 104592 5000 273423 534047 -336829 Schedule G, Part I, Line 2b, Column (v) CONSULTING ON FUNDRAISING BEST PRACTICES. THE CONSULTANT WAS NOT RESPONSIBLE FOR ANY DIRECT FUNDRAISING. X X 1 0 0 0 0 0 0 0 0 Anna D Shapiro Artistic Director 308200 0 0 0 0 0 18000 0 0 0 326200 0 0 0 David Schmitz Managing Director 218406 0 0 0 0 0 9004 0 16860 0 244270 0 0 0 Sandy Karuschak Director of Development 158531 0 0 0 0 0 6454 0 10070 0 175055 0 0 0 David Hawkanson Former Executive Director 0 0 0 0 105703 0 0 0 0 0 105703 0 15500 0 Part I, Line 4a In 2016, the former executive director received a severance payment of $90,000. A Illinois Finance Authority 861091967 S99992590 2013-02-28 17000000 TO REPAY EXISTING TAXABLE AND TAX EXEMPT DEBT AND TO RENNOVATE PROPERTY 0 0 0 A 480000 16974044 265282 17098 2128394 1496732 2013 1 0 1 1 A 0 0 0 0 1 0 0 A 0 1 0 0 1 0 0 0 0 A 0 SCHEDULE K, PART II, LINE 3: THE PROCEEDS ARE NET OF THE UNDERWRITER'S DISCOUNT. $6,259,147.69 OF PROCEEDS WERE APPLIED TO PAYMENT OF THE TAXABLE 2012 LOAN. $556,643.03 OF PROCEEDS WERE APPLIED TO PAYMENT OF THE 2011 TAXABLE LOAN. X 17 266175 FAIR MARKET VALUE X 1 24750 COST X AIRFARE 1 150000 COST X HOTEL 3 13975 COST 0 1 1 Part I, Column (b): THE NUMBER OF CONTRIBUTIONS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. Part I, Line 32b: SECURITIES ARE DONATED THROUGH A BROKERAGE FIRM AND SOLD IMMEDIATELY. Form 990, Part VI, Section B, line 11b THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990. THE AUDIT COMMITTEE IS THE COMMITTEE OF THE GOVERNING BODY WHICH IS DESIGNATED TO REVIEW THE FORM 990. THE REVIEW BY THE COMMITTEE TAKES PLACE PRIOR TO THE DISTRIBUTION TO THE GOVERNING BODY. THE RETURN IS DISTRIBUTED VIA E-MAIL TO THE ENTIRE GOVERNING BODY PRIOR TO FILING THE FORM 990. Form 990, Part VI, Section B, line 12c MEMBERS OF THE BOARD OF TRUSTEES ARE ASKED TO SIGN A CONFLICT OF INTEREST POLICY EITHER INDICATING THAT THEY HAVE NO CONFLICTS OF INTEREST AS DEFINED IN THE POLICY OR TO LIST EXCEPTIONS WHEN THEY DO HAVE CONFLICTS OF INTEREST. WE DISTRIBUTE THE POLICY TO THE BOARD OF TRUSTEES ANNUALLY. THE SIGNED POLICIES ARE COLLECTED AND KEPT ON FILE. Form 990, Part VI, Section B, line 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF TOP MANAGEMENT IS MANAGED BY THE BOARD CHAIR THROUGH THE EXECUTIVE COMMITTEE. THEY REVIEW PUBLISHED COMPENSATION OF COMPArABLE POSITIONS WITHIN THE CITY AND INDUSTRY. COMPENSATION IS ALSO BASED ON THE ORGANIZATIONAL BUDGET, INDIVIDUAL QUALIFICATIONS, AND INDUSTRY STANDARDS. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART VII, SECTION A: THE FOLLOWING BOARD MEMBERS RECEIVED COMPENSATION FOR ART SERVICES AND NOT FOR BOARD DUTIES. THE COMPENSATION IS REPORTED ON PART VII. ANNA SHAPIRO - $1,200 JON MICHAEL HILL - $11,876 TRACY LETTS - $117,133 YASEN PEYANKOV - $31,940 Form 990, Part XI, line 9: Change in Fair Value of Interest Rate Swap 282,439. STEPPENWOLF FOUNDATION I 1700 N HALSTED ST CHICAGO IL 60614 364041811 TO SUPPORT THE STEPPENWOLF THEATRE COMPANY'S THEATRE PROGRAMS IL 501(c)(3) Line 12a, I STEPPENWOLF THEATRE COMPANY 1 STEPPENWOLF FOUNDATION II 1700 N HALSTED ST CHICAGO IL 60614 364041812 TO SUPPORT THE STEPPENWOLF THEATRE COMPANY'S THEATRE PROGRAMS IL 501(c)(3) Line 12a, I STEPPENWOLF THEATRE COMPANY 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 STEPPENWOLF FOUNDATION I E 16520000 LOAN DOCUMENT STEPPENWOLF FOUNDATION II E 16520000 LOAN DOCUMENT STEPPENWOLF FOUNDATION I S 398000 CASH PART V, LINE 1E: STEPPENWOLF THEATRE COMPANY REFINANCED EXISTING DEBT AND SECURED ADDITIONAL DEBT FOR THE RENOVATION OF 1700 N. HALSTED. STEPPENWOLF THEATRE COMPANY, STEPPENWOLF FOUNDATION I AND STEPPENWOLF FOUNDATION II ARE ALL LISTED ON THE LOAN DOCUMENTS.