2018-03-16T13:19:53-05:00 2017-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 50 WASHINGTON STREET WESTBORO MA 01581 990 2016-07-01 222659560 HUNTINGTON THEATRE CO INC HUNT 6172667900 264 HUNTINGTON AVENUE BOSTON MA 02115 MICHAEL MASO MANAGING DIRECTOR 6172667900 2018-03-12 1 DAVID J KELLEHER CPA P01059560 5083669100 2018-03-12 64.238.141.162 2018-03-12 11:34:47 ED P A41C22E49F3662F41C161EC2A09466C92AFD8034 DF907C3E490E2DE39094117C62C17E9C055F2C1A 2016 2021-01-29 14:40:06Z MICHAEL MASO 264 HUNTINGTON AVENUE BOSTON MA 02115 16604290 0 X WWW.HUNTINGTONTHEATRE.ORG X 1985 MA PROFESSIONAL THEATRE COMPANY 43 41 468 220 0 0 4787742 5138400 8775112 6532808 1281823 214880 -5480 -14838 14839197 11871250 0 0 0 0 8210485 8410949 47887 36489 975885 6541483 5727963 14799855 14175401 39342 -2304151 37225518 38274891 4253988 5860938 32971530 32413953 X SEE SCHEDULE O FOR ORGANIZATION'S MISSION STATEMENTMISSION STATEMENT: THE HUNTINGTON THEATRE COMPANY ENGAGES, INSPIRES, ENTERTAINS AND CHALLENGES AUDIENCES WITH THEATRICAL PRODUCTIONS THAT RANGE FROM THE CLASSICS TO NEW WORKS; WE TRAIN AND SUPPORT THE NEXT GENERATION OF THEATRE ARTISTS; WE PROVIDE ARTS EDUCATION PROGRAMS THAT PROMOTE LIFE-LONG LEARNING TO A DIVERSE COMMUNITY; AND WE CELEBRATE THE ESSENTIAL POWER OF THE THEATRE TO ILLUMINATE OUR COMMON HUMANITY. 0 0 11476686 6532808 SEE SCHEDULE O FOR PROGRAM DESCRIPTIONS. 11476686 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 149 0 1 468 1 0 0 0 0 0 1 1 0 0 0 0 X 43 41 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X SONDRA KATZ 6172731527 264 HUNTINGTON AVENUE BOSTON MA 02115 CAROLE ALKINS TRUSTEE 1.50 X 0 0 0 DAVID ALTSHULER TRUSTEE 1.50 X 0 0 0 NEAL BALKOWITSCH TRUSTEE 1.50 X 0 0 0 MICHAEL BROWN TRUSTEE 1.50 X 0 0 0 JOHN CINI TRUSTEE 1.50 X 0 0 0 GERARD H COHEN TRUSTEE 1.50 X 0 0 0 JOHN COHEN TRUSTEE 1.50 X 0 0 0 SHERRYL COHEN CLERK 1.50 X X 0 0 0 CAROL DEANE TRUSTEE 1.50 X 0 0 0 JAMES DILLON TRUSTEE 1.50 X 0 0 0 BETSY BANKS EPSTEIN TRUSTEE 1.50 X 0 0 0 DAVID R EPSTEIN CHAIR OF THE BOARD 1.50 X X 0 0 0 PETER FIEDLER TRUSTEE 1.50 X 0 0 0 WILLIAM FINARD TRUSTEE 1.50 X 0 0 0 DAVID FIRESTONE TRUSTEE 1.50 X 0 0 0 JOHN FRISHKOPF TRUSTEE 1.50 X 0 0 0 THOMAS HAMILTON III TRUSTEE 1.50 X 0 0 0 CASSANDRA HENDERSON TRUSTEE 1.50 X 0 0 0 ARTHUR C HODGES TRUSTEE 1.50 X 0 0 0 FREDERICK JAMIESON TRUSTEE 1.50 X 0 0 0 SUSAN B KAPLAN TRUSTEE 1.50 X 0 0 0 MICHELLE KAROL TRUSTEE 1.50 X 0 0 0 CAROL B LANGER TREASURER 1.50 X X 0 0 0 DAVID LEATHERS TRUSTEE 1.50 X 0 0 0 SHARON MALT PRESIDENT 1.50 X X 0 0 0 WILLIAM P MCQUILLAN TRUSTEE 1.50 X 0 0 0 ANN MERRIFIELD TRUSTEE 1.50 X 0 0 0 SANDRA MOOSE TRUSTEE 1.50 X 0 0 0 ANNE MORGAN TRUSTEE 1.50 X 0 0 0 COKIE PERRY TRUSTEE 1.50 X 0 0 0 JAMES PETOSA TRUSTEE 1.50 X 0 0 0 BRYAN RAFANELLI TRUSTEE 1.50 X 0 0 0 MITCHELL ROBERTS TRUSTEE 1.50 X 0 0 0 JOSEPH V ROLLER TRUSTEE 1.50 X 0 0 0 ROBERT H SCOTT TRUSTEE 1.50 X 0 0 0 JOHN D SPOONER TRUSTEE 1.50 X 0 0 0 WENDELL TAYLOR TRUSTEE 1.50 X 0 0 0 LINDA THOMAS TRUSTEE 1.50 X 0 0 0 LINDA WAINTRUP TRUSTEE 1.50 X 0 0 0 J DAVID WIMBERLY TRUSTEE 1.50 X 0 0 0 VERONICA WISEMAN TRUSTEE 1.50 X 0 0 0 MARY WOLFSON TRUSTEE 1.50 X 0 0 0 FANCY ZILBERFARB TRUSTEE 1.50 X 0 0 0 MICHAEL MASO MANAGING DIRECTOR 40.00 X 338500 0 89866 PETER DUBOIS ARTISTIC DIRECTOR 40.00 X 332137 0 86379 SONDRA KATZ GENERAL MANAGER 40.00 X 129267 0 36000 CHRISTOPHER WIGLE PRODUCING DIRECTOR 40.00 X 108645 0 26260 SCOTT POOLE DIRECTOR OF IT 40.00 X 113633 0 27500 1022182 0 266005 5 0 1 0 NOBLE FORD PRODUCTIONS 1 ROBIN CIRCLE WEST NEWBURY MA 01985 ADVERTISING PRINTING 248817 MAX ULTIMATE FOOD 101 HAMPDEN STREET BOSTON MA 02119 CATERING 113393 2 1007439 121500 4009461 5138400 TICKETS 711110 5936818 5936818 SHOPS AND RENTALS 900099 595990 595990 6532808 307173 307173 10797 10797 4346245 4438538 -92293 -92293 -92293 68170 1007439 294502 -226332 -226332 CONCESSION 900099 200697 200697 200697 11871250 6532808 0 200042 889043 422097 466946 6115541 4804046 686961 624534 328105 296488 20904 10713 457066 354829 33220 69017 621194 457150 108460 55584 1080 1080 32200 32200 36489 36489 838559 789208 49351 362497 361272 1225 365810 295993 28079 41738 298582 246467 34949 17166 368517 368517 1337425 1284386 38020 15019 170948 138376 19303 13269 95554 74181 21373 1330 1330 640114 577725 50926 11463 70858 70858 MATERIALS 688802 664107 21828 2867 MISCELLANEOUS 181817 138007 43810 EQUIPMENT RENTAL & MAIN 134713 108004 26709 CREDIT CARD FEES 109518 90248 9108 10162 29639 5585 24054 14175401 11476686 1722830 975885 2152778 440126 3313746 817678 1654752 1588640 50253 51686 525261 492116 17169401 10226756 7360564 6942645 14273535 19014392 7894629 4209520 0 4718088 37225518 38274891 1342954 1554690 2839907 2794286 71127 1511962 4253988 5860938 X 7192690 6533147 6778386 8147352 19000454 17733454 32971530 32413953 37225518 38274891 X -2304151 2450909 -704335 X X 0 1 X 1 0 X 4128862 4279333 4250677 4787742 5138400 22585014 4128862 4279333 4250677 4787742 5138400 22585014 1040128 21544886 513502 373609 343086 380246 317970 1928413 27396 -16089 244011 188657 200697 644672 25158099 37304201 0.85640 0.84320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22987641 2665789 -44716 24341714 24143464 750 -259338 -897235 22987641 24533631 1250 624658 1016075 24143464 21798207 75036 3626886 966498 24533631 19751496 2942916 896205 21798207 0.72850 0.27150 0 0 11819992 8034367 3785625 638736 493763 144973 4710673 1698626 3012047 6942645 TIFF FUND 4209520 F 4209520 CONSTRUCTION IN PROGRESS 4441376 SECURITY DEPOSIT 276712 4718088 CAPITAL LEASE OBLIGATION 28068 CONSTRUCTION PAYABLES 1483894 1511962 X 15802530 2450909 1527251 3978160 11824370 46880 46880 11871250 16360107 1527251 704335 2231586 14128521 46880 46880 14175401 PART V, LINE 4: THE HUNTINGTON HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT AIM TO SAFEGUARD THE PURCHASING POWER OF THE ENDOWMENT PRINCIPAL, GENERATE AN ONGOING REVENUE SOURCE AND TO PROVIDE FOR GROWTH OF THE INVESTMENT PRINCIPAL IN ACCORDANCE WITH UPMIFA. THE INVESTMENTS ARE TO BE SPLIT BETWEEN EQUITY AND FIXED INCOME INVESTMENTS TO ACCOMPLISH THESE GOALS. UNDER THIS POLICY, THE ENDOWMENT ASSETS ARE INVESTED TO PROVIDE A COMPETITIVE TOTAL RATE OF RETURN COMMENSURATE WITH PRUDENT DIVERSIFICATION AND MODERATE RISK. RISK AND DIVERSIFICATION PARAMETERS HAVE BEEN ESTABLISHED AND THE ENDOWMENT IS MAINTAINED AND REBALANCED, IF NECESSARY, ACCORDING TO THE HUNTINGTON'S INVESTMENT POLICY. THE HUNTINGTON RELIES ON A TOTAL RATE OF RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT INCOME (INTEREST AND DIVIDENDS). WHILE IT IS UNDERSTOOD THAT THE ENDOWMENT ASSETS ARE TO BE MANAGED WITH A LONG-TERM FOCUS, THE HUNTINGTON MONITORS INVESTMENT PERFORMANCE AGAINST APPLICABLE BENCHMARKS QUARTERLY. DURING FISCAL YEAR 2017, THREE DONORS REDESIGNATED A TOTAL OF $1,267,000 OF NON-DESIGNATED ENDOWMENT CONTRIBUTIONS TO BE TEMPORARILY RESTRICTED AS A TERM ENDOWMENT. PART X, LINE 2: THE HUNTINGTON ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE HUNTINGTON HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2017. THE HUNTINGTON'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COSTS INCURRED RELATED TO THE RENTAL OF SPACE NETTED WITH REVENUE ON FS ANCILLARY COSTS NETTED WITH REVENUE ON FINANCIAL STATEMENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: TRANSITION EXPENSES PART XII, LINE 4B - OTHER ADJUSTMENTS: COSTS INCURRED RELATED TO THE RENTAL OF SPACE NETTED WITH REVENUE ON FS ANCILLARY COSTS NETTED WITH REVENUE ON FINANCIAL STATEMENTS SCH D, PAGE 4, PART XII LINE 2D CERTAIN THEATRE STAFF WHO HAD BEEN EMPLOYED BY BOSTON UNIVERSITY IN A LEGACY ARRANGEMENT, UNDER WHICH THE HUNTINGTON REIMBURSED BOSTON UNIVERSITY FOR THEIR FULL PERSONNEL COSTS, WERE TERMINATED AS EMPLOYEES BY BOSTON UNIVERSITY AS OF JUNE 30, 2017, AND WERE HIRED BY THE HUNTINGTON AS OF JULY 1, 2017. THESE COSTS ARE INCLUDED IN TRANSITION EXPENSES FOR THE YEAR ENDED JUNE 30, 2017. CERTAIN NON-OPERATING COSTS INCURRED IN PLANNING THE FINANCING OF REQUIRED CAPITAL IS ALSO INCLUDED IN TRANSITION EXPENSES FOR THE YEAR ENDED JUNE 30, 2017. X X X X X X X 1 SD&A TELESERVICES INC 5757 W CENTURY BLVD 300 LOS ANGELES CA 90045 TELEMARKETING 0 613090 36489 576601 613090 36489 576601 SPOTLIGHT SPECTACULAR 1075609 1007439 68170 20276 66272 4300 203654 1075609 1007439 68170 20276 66272 4300 203654 294502 -226332 X X X 0 0 0 0 0 0 0 0 0 MICHAEL MASO MANAGING DIRECTOR 287000 0 51500 0 0 0 0 0 89866 0 428366 0 0 0 PETER DUBOIS ARTISTIC DIRECTOR 269455 0 62682 0 0 0 0 0 86379 0 418516 0 0 0 SONDRA KATZ GENERAL MANAGER 125000 0 4267 0 0 0 0 0 36000 0 165267 0 0 0 NEAL BALKOWITSCH TRUSTEE 104634 NEAL BALKOWITSCH IS A PRINCIPAL OF MAX ULTIMATE FOODS WHICH THE HUNTINGTON USES FOR VARIOUS CATERING NEEDS, INCLUDING THE ANNUAL GALA. 0 JOHN CINI TRUSTEE 103074 JOHN CINI IS THE PRESIDENT OF HIGH OUTPUT, INC. A COMPANY THAT DOES PRODUCTION WORK FOR THE HUNTINGTON. 0 FORM 990, PART III, LINE 4A PROGRAM DESCRIPTIONS THE HUNTINGTON THEATRE COMPANY IS BOSTON'S LEADING PROFESSIONAL THEATRE AND ONE OF THE REGION'S PREMIER CULTURAL ASSETS SINCE ITS FOUNDING IN 1982. RECIPIENT OF THE 2013 REGIONAL THEATRE TONY AWARD, THE HUNTINGTON BRINGS TOGETHER SUPERB LOCAL AND NATIONAL TALENT AND PRODUCES A MIX OF GROUNDBREAKING NEW WORKS AND CLASSICS MADE CURRENT TO CREATE AWARD-WINNING PRODUCTIONS. THE HUNTINGTON RUNS NATIONALLY RENOWNED PROGRAMS IN EDUCATION AND NEW PLAY DEVELOPMENT AND SERVES THE LOCAL THEATRE COMMUNITY THROUGH ITS OPERATION OF THE CALDERWOOD PAVILION AT THE BOSTON CENTER FOR THE ARTS. UNTIL JUNE, 2017, THE HUNTINGTON THEATRE AND BOSTON UNIVERSITY HAD A CONTRACTUAL RELATIONSHIP IN WHICH THE HUNTINGTON PROVIDED EDUCATIONAL ENHANCEMENT AND TRAINING FOR BU STUDENTS IN EXCHANGE FOR IN-KIND FACILITY SUPPORT. THE HUNTINGTON HAS LONG BEEN AN ANCHOR CULTURAL INSTITUTION OF HUNTINGTON AVENUE, THE AVENUE OF THE ARTS. WITH THE ENDING OF THE BU RELATIONSHIP, THE HUNTINGTON THEATRE WILL REMAIN SO ON A PERMANENT BASIS WITH PLANS TO RENOVATE THE HUNTINGTON AVENUE THEATRE INTO A FIRST-RATE, MODERN VENUE WITH EXPANDED SERVICES TO AUDIENCES, ARTISTS, AND THE COMMUNITY. UNDER THE DIRECTION OF ARTISTIC DIRECTOR PETER DUBOIS AND MANAGING DIRECTOR MICHAEL MASO, THE HUNTINGTON CULTIVATES, CELEBRATES, AND CHAMPIONS THEATRE AS AN ART FORM. THE HUNTINGTON THEATRE'S EDUCATION AND COMMUNITY PROGRAMS DEPARTMENT HAS PROVIDED OPPORTUNITIES FOR OVER 400,000 STUDENTS SINCE ITS INCEPTION. THE HUNTINGTON THEATRE'S COMMUNITY ACCESS PROGRAMS INCLUDE AUDIO DESCRIBED SHOWS AND ASL-INTERPRETED PERFORMANCES THAT MAKE IT POSSIBLE OR BLIND AND LOW-VISION PATRONS AND DEAF AND HARD-OF-HEARING THEATRE GOERS TO ENJOY HUNTINGTON PRODUCTIONS. THE HUNTINGTON ALSO DEVELOPED A COMMUNITY MEMBERSHIP PROGRAM WHICH ALLOWS ELIGIBLE PATRONS TO PURCHASE TICKETS AT SIGNIFICANTLY REDUCED PRICES THROUGH THE REGULAR TICKETING PROCESS FOR ANY HUNTINGTON PRODUCTION AS WELL AS TO PRODUCTIONS OF TWO OTHER LOCAL PROFESSIONAL THEATERS. FOR MORE INFORMATION, VISIT HUNTINGTONTHEATRE.ORG. FORM 990, PART VI, SECTION A, LINE 1 NEAL BALKOWITSCH, TRUSTEE OF THE HUNTINGTON, HAS A RELATED PARTY TRANSACTION WITH THE HUNTINGTON AS DISCLOSED IN SCHEDULE L. THEREFORE, HE IS NOT CONSIDERED AN INDEPENDENT TRUSTEE. JOHN CINI, TRUSTEE OF THE HUNTINGTON, HAS A RELATED PARTY TRANSACTION WITH THE HUNTINGTON AS DISCLOSED IN SCHEDULE L. THEREFORE, HE IS NOT CONSIDERED AN INDEPENDENT TRUSTEE. FORM 990, PART VI, SECTION A, LINE 2 THERE ARE TWO FAMILY RELATIONSHIPS ON THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES INCLUDES TWO MARRIED COUPLES: GERARD AND SHERRYL COHEN, DAVID AND BETSY EPSTEIN. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT IS RESPONSIBLE FOR THE PREPARATION OF THE FORM 990 WORKING WITH THE OUTSIDE AUDITORS AND THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT PRIOR TO POSTING FOR BOARD REVIEW. THE AUDIT COMMITTEE IS CHARGED WITH REVIEWING THE FORM 990 IN DETAIL AFTER COMPLETION BY MANAGEMENT. THE COMPLETED FORM 990 IS POSTED ON A SECURE PORTION OF THE ORGANIZATION'S INTRANET FOR REVIEW AND SUBMISSION OF COMMENTS OR QUESTIONS BY A DATE PRIOR TO THE SUBMISSION OF THE FORM 990 TO THE IRS. THE SUBMITTED COMMENTS AND QUESTIONS ARE ADDRESSED PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE DEVELOPMENT STAFF SEND OUT THE FORMS TO THE FULL BOARD ANNUALLY, COLLECT AND REVIEW THE COMPLETED FORMS AND FOLLOW UP WITH ANY BOARD MEMBERS WHO HAVE NOT SUBMITTED THE FORM. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE SALARIES OF THE MANAGING DIRECTOR AND ARTISTIC DIRECTOR AT THE RENEWAL DATES OF THEIR CONTRACTS AND COMPARES THE SALARIES WITH VARIOUS INDUSTRY REPORTS TO DETERMINE COMPARABILITY IN THE MARKET. THE SALARIES OF OTHER KEY EMPLOYEES ARE REVIEWED ANNUALLY BY THE MANAGING DIRECTOR ALONG WITH THE SALARIES OF ALL EMPLOYEES IN THE PROCESS OF SETTING THE BUDGET AND IN RELATION TO INDUSTRY-WIDE SALARY REPORTING. FORM 990, PART VI, SECTION C, LINE 19 ANY DOCUMENTS THAT ARE REQUIRED TO BE AVAILABLE TO THE PUBLIC CAN BE OBTAINED UPON REQUEST AND ALSO THROUGH VARIOUS THIRD PARTY WEBSITES. FORM 990, PART XI, LINE 9: TRANSITION EXPENSES -704,335. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE HAS OVERSIGHT OF THE AUDIT REVIEW PROCESS. THE PROCESS DID NOT CHANGE FROM PRIOR YEAR.