2018-07-13T15:56:18-05:00 2017-08-31 221478099 COHNREZNICK LLP 400 CAPITOL MALL SUITE 1200 SACRAMENTO CA 95814 990 2016-09-01 954467830 WALLIS ANNENBERG CENTER FOR THE PERFORMING ARTS WALL 3102463800 9390 NORTH SANTA MONICA BLVD BEVERLY HILLS CA 90210 rachel fine managing director 3102463800 2018-07-09 1 LISA M CUMMINGS CPA P00043433 9164429100 2018-04-02 2016 2022-09-23 18:48:47Z RACHEL FINE 9390 NORTH SANTA MONICA BLVD BEVERLY HILLS CA 90210 8376213 0 X WWW.THEWALLIS.ORG X 1994 CA See Schedule O 37 37 230 38 0 0 6461067 4809108 3217640 3664256 13575 17094 -240165 -849434 9452117 7641024 0 0 0 0 3990933 4506907 0 0 1162074 8661561 9118239 12652494 13625146 -3200377 -5984122 85581977 81190076 12176709 13397719 73405268 67792357 X See Schedule O 0 0 8351658 2786164 See Schedule O 695000 228000 See Schedule O 9046658 1 1 0 0 0 0 0 1 0 1 1 0 1 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 175 0 1 230 1 0 0 0 0 0 0 0 0 0 0 X 37 37 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X LINDA ROSS CO WACPA 3102463800 9390 NORTH SANTA MONICA BLVD BEVERLY HILLS CA 90210 Arnold Rosenstein Vice Chair 5.00 X X 0 0 0 Arnon Adar Board Member 1.00 X 0 0 0 Bruce Goldsmith Board Member 1.00 X 0 0 0 Bruce Schulman Board Member 1.00 X 0 0 0 Carol Goldsmith Board Member 1.00 X 0 0 0 Cinny Kennard Board Member 1.00 X 0 0 0 Daphna Nazarian Board Member 1.00 X 0 0 0 David C Bohnett Chairman 5.00 X X 0 0 0 Debbie Allen Board Member 1.00 X 0 0 0 Donna Ellman-Garber Board Member 1.00 X 0 0 0 Jacqueline Avant Board Member 1.00 X 0 0 0 Jamie McCourt board Member 1.00 X 0 0 0 Jerry Magnin Outgoing Board Member 1.00 X 0 0 0 John Bendheim Board Member 1.00 X 0 0 0 Jonathan Victor Treasurer 5.00 X X 0 0 0 Kenneth Salkin Board Member 1.00 X 0 0 0 Kris Levine Board Member 1.00 X 0 0 0 Lauren Leichtman Executive Vice Chair 5.00 X X 0 0 0 Laurie Konheim Board Member 1.00 X 0 0 0 Les Bider assistant treasurer 5.00 X X 0 0 0 Leslie Birnbaum Board Member 1.00 X 0 0 0 Linda May Board Member 1.00 X 0 0 0 Luanne Wells Board Member 1.00 X 0 0 0 Marc Selwyn Board Member 1.00 X 0 0 0 MeraLee Goldman Board Member 1.00 X 0 0 0 Michael Nemeroff Board Member 1.00 X 0 0 0 Paul Selwyn board Member 1.00 X 0 0 0 Regina Weingarten Board Member 1.00 X 0 0 0 Richard Rosenzweig Vice Chair 5.00 X X 0 0 0 Ron Simms Board Member 1.00 X 0 0 0 Ronald Rosen Secretary 5.00 X X 0 0 0 Sharon Davis Board Member 1.00 X 0 0 0 Stephanie Vahn Board Member 1.00 X 0 0 0 Steve Cochran Board Member 1.00 X 0 0 0 Steve Ghysels Board Member 1.00 X 0 0 0 Susan Strauss Assistant Secretary 5.00 X X 0 0 0 Vicki Reynolds Vice Chair 5.00 X X 0 0 0 Wallis Annenberg Board Member 1.00 X 0 0 0 Linda Ross Chief Financial Officer 40.00 X 125000 0 8523 Frederick Crewes Artistic Director 40.00 X 192936 0 4046 Rachel Fine Managing Director 40.00 X 213500 0 0 Heather Shuemaker Dir-Corp Relations 40.00 X 112750 0 12791 James D'Asaro Dir - Production 40.00 X 119250 0 10521 Mark Slavkin Dir-Education 40.00 X 119953 0 9741 Patricia Wolff Dir - Programming 40.00 X 125000 0 8523 1008389 0 54145 7 0 1 0 Eighty-Eight LLCHershey Felder 513 Valley View Rd Baltimore MD 212861331 Performer 262501 KBM Inc 9538 Topanga Canyon Blvd Chatsworth CA 91311 Cleaning 192735 Savant Productions Inc 3526 Ocean View Blvd Glendale CA 91208 Agent 174949 AMERICAN FRIENDS OF THE ISRAEL PHILHARMO 9911 W PICO BLVD 505 LOS ANGELES CA 90035 Agent 118801 SCENIC HIGHLIGHTS INC 10830 CANTARA STREET SUN VALLEY CA 913524019 SET CONSTRUCTION 112065 5 934800 3874308 232754 4809108 TICKET SALES 711190 3664256 3664256 3664256 17094 17094 457447 247000 210447 210447 210447 78400 934800 488189 -409789 -409789 CO-PRODUCER REVENUE 900099 378284 378284 EDUCATION PROGRAMS 900099 138380 138380 OTHER INCOME 900099 35557 35557 -1202313 -1202313 -650092 7641024 3014164 0 -182248 X 544005 361202 136406 46397 3354783 2227468 841189 286126 40931 27177 10263 3491 232455 154343 58286 19826 334733 222252 83932 28549 162093 107624 40644 13825 29935 19876 7506 2553 2041492 1355485 511890 174117 1033903 686478 259244 88181 217142 144175 54447 18520 213027 141443 53415 18169 129571 86031 32489 11051 2580489 1713362 647040 220087 690602 458537 173164 58901 162653 107996 40784 13873 51972 34508 13032 4432 275426 182874 69061 23491 PRODUCTION 628860 417543 157682 53635 taxes & licenses 499528 331671 125253 42604 Concessions 306236 203331 76786 26119 Hospitality 48500 32202 12161 4137 46810 31080 11740 3990 13625146 9046658 3416414 1162074 2062985 1706369 201281 126364 6709970 3675894 60000 224691 469961 403337 642533 353213 318688 289320 64609420 63407107 11149672 11356994 85581977 81190076 940532 1434560 910597 1129368 7708054 6378761 2617526 4455030 12176709 13397719 X 62995747 60248366 6909521 4043991 3500000 3500000 73405268 67792357 85581977 81190076 -5984122 371211 0 X X 0 1 X 1 0 X 4221701 23824536 7812209 6461067 4809108 47128621 4221701 23824536 7812209 6461067 4809108 47128621 21247669 25880952 11417 11556 51210 13575 17094 104852 20646 388165 224640 552221 1185672 48419145 0.53450 0.61460 X Schedule A, Part II, Line 10, Explanation of Other Income: other income - 2013 Amount: $ 20,646. 2014 Amount: $ 388,165. 2015 Amount: $ 224,640. 2016 Amount: $ 552,221. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 365150 X 0 3699551 17010 371211 219675 3868097 3718404 13440 32293 3699551 3895599 51141 228336 3718404 3744538 354297 203236 3895599 3621972 122566 3744538 0.90480 0.09520 0 0 642533 353213 289320 289320 INVESTMENT - SUBSIDIARIES 63407107 C 63407107 FINE ART COLLECTIONS 365150 ENDOWMENTS HELD IN TRUST 3868097 DEVELOPER FEE RECEIVABLE 7123747 11356994 RELATED PARTY PAYABLE 4455030 4455030 X Part X, Line 2: The Wallis is a not-for-profit organization exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code ("IRC") and Section 23101(d) of the Revenue Taxation Code of California and is a publicly supported organization as described in Section 509(a) of the IRC. The Wallis has no provision for income tax included in the accompanying consolidated financial statements. The Wallis has no unrecognized tax benefits at August 31, 2017. The Wallis' federal and state income tax returns prior to fiscal years 2013 and 2012, respectively, are closed. Management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. When applicable, the Organization will recognize interest and penalties associated with tax matters as part of the income tax provision and include accrued interest and penalties with the related tax liability in the consolidated statement of activities. Schedule D, Part III, Line 4: EMMANUEL FILLION'S "EXALTATION" WAS SPECIFICALLY COMMISSIONED AND GENUINELY HANDCRAFTED TO CELEBRATE THE OPENING OF WALLIS ANNENBERG CENTER FOR THE PERFORMING ARTS. THE DISTINCTIVE WORK OF ART UNIQUELY REPRESENTS THE EXPRESSIVE SPIRIT OF THE PERFORMING ARTS BY PAYING HOMAGE TO THE WORLD RENOWNED DANCER AND CHOREOGRAPHER, MARTHA GRAHAM. THE SCUPLTURE IS ON PERMANENT DISPLAY OUTDOORS IN OUR SERENE SCULPTURE GARDEN. Schedule D, Part V, Line 4: THE WALLIS IS THE RECIPIENT OF PROCEEDS FROM ASSETS HELD IN TRUST WITHIN PERMANENT ENDOWMENTS OF TWO CALIFORNIA PHILANTHROPIC FOUNDATIONS. THE WALLIS HAS NO SAY IN THE RETURN OBJECTIVES, RISK PARAMETERS, OR INVESTMENT STRATEGIES OF THESE ENDOWMENTS HELD IN TRUST. EARNINGS FROM THESE ENDOWMENT FUNDS ARE COMMITTED TO THE OPERATION AND MAINTENANCE OF THE WALLIS, GIVING THE WALLIS ACCESS TO FUTURE PROCEEDS OF 5-10% OF THE NET ASSETS OF THE ENDOWMENT ANNUALLY, SO LONG AS THE ENDOWMENT BALANCES MAINTAINED IN PERMANENTLY RESTRICTED NET ASSETS ARE NOT REDUCED BELOW THE COMBINED INITIAL BALANCE OF $3,500,000. Mancini Delivered 1013200 934800 78400 53979 54525 379685 1013200 934800 78400 53979 54525 379685 488189 -409789 X 1 0 X X X X 0 0 0 0 0 0 0 0 0 Frederick Crewes Artistic Director 192936 0 0 0 0 0 0 0 4046 0 196982 0 0 0 Rachel Fine Managing Director 213500 0 0 0 0 0 0 0 0 0 213500 0 0 0 Part I, Line 3 THE BOARD REVIEWS AND APPROVES NEW COMPENSATION OFFERINGS (INCLUDING SALARY AND BENEFITS) AND ANY CHANGES TO COMPENSATION FOR THE ORGANIZATION'S MANAGING DIRECTOR AND ARTISTIC DIRECTOR. IN SO DOING, THE BOARD HAS DONE THE FOLLOWING TO ENSURE THE COMPENSATION IS REASONABLE: (1) REVIEW HAS BEEN COMPLETED BY AN INDEPENDENT GROUP, WHICH INCLUDES BOARD MEMBERS (WHO RECEIVE NO COMPENSATION FROM THE ORGANIZATION); (2) THE REVIEW USES RELEVANT COMPARABILITY DATA; AND (3) COMPENSATION DECISIONS ARE DOCUMENTED IN OFFICIAL BOARD MEETING MINUTES. bram goldsmith former board member 0 see below 0 Schedule L, Part IV, line 1, column D: former board member bram goldsmith was the chairman of the board of directors of city national bank (CNB). CNB issued the wallis' construction financing and provides the primary banking relationship of the wallis. X travel vouchers 1 132754 FMV X hotel accomodations 1 100000 FMV 0 1 0 Part I, Column (b): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). FORM 990, PART I & PART III, LINE 1 - ORGANIZATION MISSION: The mission of The Wallis Annenberg Center for the Performing Arts ("The Wallis") is to create, present and celebrate unique performing arts events and educational programs that reflect the rich cultural diversity of our community. Under the leadership of Artistic Director Paul Crewes and Managing Director Rachel Fine, The Wallis brings audiences world-class theater, dance and music, performed by many of the world's most talented and sought-after artists, and also offers arts education and outreach programs that make the performing arts accessible to individuals of all ages and backgrounds. We seek to cultivate a home in the heart of Beverly Hills where all members of the Southern California community can participate in the arts. Since opening its doors in 2013, The Wallis has established itself as a major force within the Southern California arts landscape. The Wallis is a 70,000 square-foot campus that adjoins the historic 1933 Beverly Hills Post Office with the state-of-the-art, 500-seat Bram Goldsmith Theater. The original Post Office has been adapted for reuse as the lobby, administrative offices, the 150-seat Lovelace Studio Theater, and our extensive GRoW @ The Wallis education wing, which features classrooms and rehearsal space. FORM 990, PART III, LINE 4a: CORE PROGRAMS Our MAINSTAGE SEASON features more than 250 performances of more than 50 different programs. - Theater: Plays and musicals, including our own productions and those from other local, national and international companies, such as our acclaimed fall 2016 co-production with Cody Lassen of Stephen Sondheim's MERRILY WE ROLL ALONG and our 2017 co-production of Edward Albee's AT HOME AT THE ZOO with Deaf West Theatre, performed simultaneously in spoken English and American Sign Language. - Music: Classical and modern chamber music, jazz and cabaret, from world-renowned artists like violinist Sarah Chang, pianists Leif Ove Andsnes and Marc-Andr Hamelin performing works for two pianos, and Broadway legend Patti LuPone; to emerging stars like pianist Benjamin Grosvenor in his Los Angeles debut; to trailblazers like the Harlem Quartet. - Dance: We present modern icons of the art form, such as Matthew Bourne and the Paul Taylor Dance Company, and LA-based pioneers like Jacob Jonas The Company and Los Angeles-native Danny Ezralow's Ezralow Dance. - Speakers Series: Discussions with luminaries from the realms of arts, culture, literature and politics, such as our 2017 evening with legendary Broadway composer Stephen Schwartz. FORM 990, PART III, LINE 4b: GRoW @ The Wallis Dedicated to fostering inclusion, arts participation and education within the Los Angeles community, GRoW @ The Wallis is now among the most robust arts education programs in Southern California, serving more than 10,000 students, teachers, adults, families and seniors each year through programs specifically designed to celebrate the diversity of our city. - Our School Partners Program serves as many as 9,000 Los Angeles pre-K through 12th grade students in underserved communities each year through weekday matinee performances, workshops for teachers, in-school sessions with Wallis teaching artists, special events like our annual "Careers In the Arts Day" at The Wallis, and opportunities for students and parents to attend shows together. - We support the development of young artists ages 13-25 through our Young Artists Program, which offers unique, expert-led courses in choreography, theater, and music; and the Wallis Youth Theater Company, which helps highly-dedicated young artists transition from college to the professional theater world. We collaborate with local organization The Miracle Project to offer ongoing theater programs and performance opportunities for young people with autism. - We use the arts to foster community and creativity through courses like Dance Sundays (free, outdoor dance classes open to all community members, taught by Wallis board member Debbie Allen and faculty from her Debbie Allen Dance Academy), and Dancing Through Parkinson's, for Parkinson's disease patients and their caregivers, in partnership with Invertigo Dance Theatre. - Our Community Partners program distributes more than 1,700 free tickets each year to LA-based community service organizations and convenes the leaders of these organizations at The Wallis to create community and exchange ideas. Form 990, Part VI, Section A, line 2 PAUL SELWYN / MARK SELWYN (Board members: Father/Son) WALLIS ANNENBERG / REGINA WEINGARTEN (Board members: Mother In-Law / Daughter In-Law) Form 990, Part VI, Section B, line 11b PREPARED BY INDEPENDENT CPA AND REVIEWED BY AUDIT COMMITTEE. UPON FINAL APPROVAL, COPY IS MADE AVAILABLE TO FULL BOARD OF DIRECTORS. Form 990, Part VI, Section B, line 12c THE WALLIS' CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL BOARD MEMBERS AT THE FIRST BOARD MEETING OF THE FISCAL YEAR. THEY RETURN A SIGNED ACKNOWLEDGMENT STATING THEY HAVE RECEIVED AND UNDERSTAND THE POLICY. DURING THE YEAR, IF A CONFLICT ARISES, THE ISSUE IS BROUGHT TO THE ATTENTION OF EITHER THE CHAIRMAN OR PRESIDENT. THE ISSUE IS VETTED BY THE EXECUTIVE COMMITTEE, AND A MEMBER OF THE COMMITTEE IS APPOINTED TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DUE DILIGENCE HAS BEEN EXERCISED, THE COMMITTEE WILL DECIDE, THROUGH A MAJORITY VOTE, IF THE RELATIONSHIP WILL BE ENTERED INTO BY THE WALLIS. Form 990, Part VI, Section B, line 15 THE BOARD REVIEWS AND APPROVES NEW COMPENSATION OFFERINGS (INCLUDING SALARY AND BENEFITS) AND ANY CHANGES TO COMPENSATION FOR THE ORGANIZATION'S MANAGING DIRECTOR AND ARTISTIC DIRECTOR. IN SO DOING, THE BOARD HAS DONE THE FOLLOWING TO ENSURE THE COMPENSATION IS REASONABLE: (1) REVIEW HAS BEEN COMPLETED BY AN INDEPENDENT GROUP, WHICH INCLUDES BOARD MEMBERS (WHO RECEIVE NO COMPENSATION FROM THE ORGANIZATION); (2) THE REVIEW USES RELEVANT COMPARABILITY DATA; AND (3) COMPENSATION DECISIONS ARE DOCUMENTED IN OFFICIAL BOARD MEETING MINUTES. Form 990, Part VI, Section C, line 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990 IS ALSO MADE AVAILABLE ON GUIDESTAR.ORG. FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE TO EXECUTIVE STAFF, BOARD MEMBERS, AND UPON REQUEST FROM THE GENERAL PUBLIC. THE ORGANIZATION WILL PROVIDE ACCESS TO THESE DOCUMENTS AS REQUIRED BY LAW. Form 990, Part IX, line 11g consultants & artist/performer fees: Program service expenses 1,355,485. Management and general expenses 511,890. Fundraising expenses 174,117. Total expenses 2,041,492. Form 990, Part XII, Line 2c THE ORGANIZATION'S PROCESSES FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAVE NOT CHANGED FROM THE PREVIOUS TAX YEAR. BH PERFORMING ARTS LANDLORD LLC 9390 NORTH SANTA MONICA BLVD BEVERLY HILLS CA 90210 462599394 LEASEHOLD INTEREST IN HISTORICAL POST OFFICE CA N/A N/A 0 0 BH PERFORMING ARTS TENANT LLC 9390 NORTH SANTA MONICA BLVD BEVERLY HILLS CA 90210 462581459 MASTER TENANT CA N/A N/A 0 0 BH PERFORMING ARTS MANAGER LLC 9390 NORTH SANTA MONICA BLVD BEVERLY HILLS CA 90210 462571465 R.E. 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