2018-01-17T12:39:30-07:00 2017-08-31 990 2016-09-01 911077130 VILLAGE THEATRE VILL 4253921942 303 Front St N Issaquah WA 98027 Robert W Hunt Executive Producer 4253921942 2018-01-17 173.160.217.129 2016 2021-01-29 14:40:06Z Robert W Hunt 303 Front St N Issaquah WA 98027 12576204 0 X www.villagetheatre.org X 1979 WA To inspire and enlighten audiences in the Pacific Northwest through professional, top quality live theatre productions; train young people in theatre skills for enriched lives; and support the growth of the musical theatre art form through the development of relevant and significant new works. 29 29 582 850 0 0 2255706 2432576 8844857 9438792 2904 4260 388609 444629 11492076 12320257 0 0 0 0 7699596 8488833 45359 21025 687152 3703463 3972212 11448418 12482070 43658 -161813 15173757 14988580 6780460 6741655 8393297 8246925 To be a regionally recognized and nationally influential center of excellence in family theatre: To promote a season of top quality productions; To commission and produce new musicals that achieve national exposure; To train young people in theatre skills for career opportunities and enriched lives; To develop a broad based appreciation for live theatre; To promote positive values through art. 0 0 8467399 7653203 Mainstage productions focus on excellence in family theatre, developing a broad based appreciation for live theatre and promoting positive values through art. A Mainstage season of four musicals and one play are produced from September to August at two venues in Issaquah and Everett, Washington. Attendance was 154,105 patrons at 383 performances. 677144 69625 Village Originals is a mission driven program to commission and produce new musicals that achieve national exposure. Through the Village Originals program, new works are produced to various degrees in collaboration with the show's creators. This process helps to foster the growth of new musicals in America and around the world. Over 4,350 people attended Village Originals programming throughout the year which includes the Festival of New Musicals and the new Beta Series. The Festival, held annually in Issaquah, WA, features readings and discussion of six new musicals over a three day period. The new Beta Series is a series of three developmental productions produced and performed in Issaquah, WA throughout the year. Each Beta show was given a three week run with minimal sets and costumes to help the creative team see how the production does in front of a live audience. Village Theatre is one of only a handful of professional theatre companies throughout the country that commissions and develops new musicals. Village Theatre's reputation in this arena continues to grow on a national and international level. The Village Originals program also hosts residencies for writers with uncompleted scripts, which aims to give them dedicated, focused time to develop further ideas, general materials, and test drafts with professional actors, while receiving constant feedback and dramaturgical support. 1323679 1120907 KIDSTAGE trains young people in theatre skills for career opportunities and enriched lives by offering classes and performance opportunities. KIDSTAGE education programs consist of year-round classes and camps; and performance opportunities in two locations: Issaquah and Everett, Washington. Enrollment in classes was 3,128 students. KIDSTAGE produced 10 musicals throughout the year between both locations. An audience of 15,149 attended 87 performances. Some of the performance opportunities are provided at no cost to the students; while others are tuition based. 329560 226785 The Pied Piper program brings live theatre to young children and school groups, which fosters an appreciation for the arts, promotes family theatre and provides educational opportunties. Pied Piper brings the best of touring theatre shows for children to two venues in Everett and Bellevue, Washington. Shows are selected based on educational focus and suitability to foster appreciation for live theatre in children. An audience of 22,130 attended 44 performances, including many that were offered to school groups. 2,020 students attended inschool workshops that were presented to help enhance the student's experience prior to attending the performance at the theatre. 90651 368272 The Everett Performing Arts Center is a separate live theatre facility located in Everett, WA. In addition to our Mainstage productions Village Theatre facilitates a variety of on-stage experiences for Everett audiences, including local chorale groups and children's plays. Over 75,000 patrons attended events during the year. Expenses include direct expenses associated only with outside arts programming and do not include expenses for Village Theatre programs which are required under the management contract with the City of Everett and which are included elsewhere in the program/service accomplishments. 0 0 0 During 2016, the Theatre continued a capital campaign. During the course of the campaign, the campaign proceeds were used to purchase land, build a new scene, prop and paint shops (Technical Studios), reconstruct First Stage Theatre, convert an Everett City building into a theatre and educational facility (Cope Gillette Theatre), and cover the cost of the campaign. The campaign goal as of August 31, 2017 is $10 million. As of August 31, 2017, $9.8 million had been pledged or given towards the goal. During 2015, the Theatre launched an endowment campaign as part of the Board's long-term strategic plan to grow the endowment to help provide future financial stability. As of August 31, 2017, the balance of fund was $93,755 which represents the corpus and accumulated unspent earnings on investments. 420211 0 595057 10888433 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 71 0 1 582 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X X X Diane Wright 4253921942 303 Front St N Issaquah WA 98027 Heather Goff Past President 5 0 X 0 0 0 Dan Anderson Board Member 3 0 X 0 0 0 Dick Jones Board Member 3 0 X 0 0 0 Lynnda Kilpatrick Board Member 3 0 X 0 0 0 Leigh Flor Treasurer 5 0 X 0 0 0 Amy Murray Board Member 3 0 X 0 0 0 Bruce Wanta President 5 0 X 0 0 0 Gary Kneepkens Board Member 3 0 X 0 0 0 Derek Watanabe Vice President 5 0 X 0 0 0 Jill Kling Secretary 5 0 X 0 0 0 Lissa Griffith Board Member 3 0 X 0 0 0 Chuck Dennis Board Member 3 0 X 0 0 0 Lynn Juniel Board Member 3 0 X 0 0 0 Twyla Lucas Board Member 3 0 X 0 0 0 John Seethoff Board Member 3 0 X 0 0 0 Beth Meidinger President Elect 5 0 X 0 0 0 Judy Yu Board Member 3 0 X 0 0 0 Kevin Pazaski Board Member 3 0 X 0 0 0 Matt Poischbeg Board Member 3 0 X 0 0 0 Amy Gibart Board Member 3 0 X 0 0 0 William McSherry Board Member 3 0 X 0 0 0 Ann Thornton Board Member 3 0 X 0 0 0 Gerald Magnani Board Member 3 0 X 0 0 0 J Patrick Ostrander Board Member 3 0 X 0 0 0 Mark Wert Board Member 3 0 X 0 0 0 Lisa McQueen Board Member 3.00 0 X 0 0 0 Kevin Price Board Member 3 0 X 0 0 0 Lydia Rapidah-Johnson Board Member 3 0 X 0 0 0 Leslie Peng Board Member 3 3 X 0 0 0 Aaron Coe Board Member 3 3 X 0 0 0 Diane Wright Director of Finance 50 0 X 97480 0 25162 Robert W Hunt Executive Producer 50 0 X X X 201781 0 17177 Steve Tomkins Artistic Director 40 0 X 109919 0 17706 409180 0 60045 3 0 1 0 0 0 415644 0 285511 1731421 32618 2432576 Mainstage 711110 7653203 7653203 0 0 KIDSTAGE 711110 1120907 1120907 0 0 Pied Piper 711110 226785 226785 0 0 Village Originals 711110 69625 69625 0 0 Everett Performing Arts Center 711110 368272 368272 0 0 0 0 0 0 9438792 4964 4964 0 0 0 0 0 0 20992 20992 0 0 207722 0 41947 0 165775 0 165775 165775 0 0 0 2500 0 3204 0 -704 -704 0 0 -704 297722 415644 148657 149065 0 149065 162898 62139 100759 0 0 100759 Insurance Proceeds 524121 8038 0 0 8038 8038 12320257 9630523 0 257158 339369 157385 137017 44967 6672608 5974758 262601 435249 230186 217301 12885 578170 554932 12061 11177 668500 578220 45900 44380 37848 32848 5000 34769 34769 21025 21025 787996 756858 3995 27143 166838 126289 35178 5371 89649 13750 75772 127 628801 628801 631595 463952 161762 5881 260586 218450 12835 29301 47826 23199 16592 8035 1328 1328 425461 363586 52512 9363 55297 49295 4294 1708 Youth Outreach 118329 116971 1358 0 Sets and Costumes 444865 444659 117 89 Charge card discounts 200474 198136 2338 0 Fundraising expense 40550 1891 323 38336 12482070 10888433 906485 687152 354635 469224 2019923 1869702 1030537 888169 38050 42837 1015172 1197734 16629450 6217291 10694494 10412159 93755 20946 15000 15173757 14988580 434637 501071 4299403 4329970 2046420 1910614 6780460 6741655 X 8088783 7793833 288083 400661 16431 52431 8393297 8246925 15173757 14988580 -161813 15441 0 0 0 0 X 0 1 X 1 0 X 2155782 2234801 2164862 2255706 2432576 11243727 8063595 8407925 9165988 9253723 9899412 44790643 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10219377 10642726 11330850 11509429 12331988 56034370 762282 319553 266075 183567 172508 1703985 175000 175000 762282 319553 266075 358567 172508 1878985 54155385 221005 223603 202919 208195 236178 1091900 0 0 0 0 0 221005 223603 202919 208195 236178 1091900 0 0 0 0 0 0 0 0 0 8038 8038 10440382 10866329 11533769 11717624 12576204 57134308 0.94786 0.94136 0.01911 0.02142 X Schedule A, Part III, Line 12 Other income of $8,038 represents insurance proceeds from a claim on the building awning that was hit by a delivery truck. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37879 300 38179 12447301 12485480 774274 193569 0 0 0 0 0 774274 774274 1161411 0 0 0 38179 38179 0 0 0 193569 193569 290354 0 0 0 37879 37879 31511 46000 16244 0 0 0 93755 30059 0 1452 0 0 0 31511 28246 0 1813 0 0 0 30059 16431 0 11815 0 0 0 28246 15931 500 0 0 0 0 16431 0.11 0.89 0 0 0 0 1848762 1848762 0 10429025 3337596 7091429 0 1566622 619643 946979 0 2778119 2254656 523463 0 6922 5396 1526 10412159 12781994 15441 193553 0 252743 461737 12320257 0 0 0 12320257 12928366 193553 0 0 252743 446296 12482070 0 0 0 12482070 Schedule D, Part V, Line 4 The Theatre's endowments consist of donor restricted funds established for general operations, youth education, Village Originals, and a board designated quasi-endowment. The purpose of the endowments is to grow them to levels that will help provide financial stability for the organization. Schedule D, Part XI, Line 2d Reconciling adjustments: Rental expense$41,947; Cost of Goods Sold $ 62,139; Direct expenses from fundraising events $148,657 Schedule D, Part XII, Line 2d Reconciling adjustments: Rental expense$41,947; Cost of Goods Sold $ 62,139; Direct expenses from fundraising events $148,657 X X X X X X X 1 Sara Behrman 6167 SW Miles Court Portland OR 97219 Contracted grant writer 0 549461 21025 528436 549461 21025 528436 WA Gala and Auction 535311 288040 247271 0 0 8050 73007 2200 41660 Sing It Forward 178056 127605 50451 0 0 0 825 925 21990 0 713367 415645 297722 0 0 8050 73832 3125 63650 148657 149065 X X X X 0 0 0 0 0 0 0 0 0 Robert W Hunt Executive Producer 201781 0 0 0 0 0 6218 0 10959 0 218958 0 0 0 Megan Adams Daughter of Executive Producer 39215 KIDSTAGE instructor and PT Development Staff 0 Patrick Ostrander Son of Board Member 24892 Administrative Assistant 0 Joell Weil Daughter of Board Member 14701 Actor in Dreamgirls 0 X Computers 6 2050 Fair Market Value X Vinyl cutter 1 2280 Fair Market Value X Inkind fundraising expenses 5 16239 Fair Market Value X Wifi Arrays 6 2000 Fair Market Value X Windows Remote Licenses 40 7520 Fair Market Value X Windows Server Licenses 16 2528 Fair Market Value 0 0 1 0 Form 990, Part VI, Section B, Line 11b At the November board meeting the Board assigns responsibility for formal review of the 990 to the finance committee and authorizes the executive committee to approve the return for filing. They also authorize the Executive Producer to sign the return. The formal review is scheduled for the January finance committee meeting. Any board members who are not members of the finance committee who are interested in formally reviewing the return are invited to attend the January finance committee meeting. Prior to the January finance committee meeting management emails the completed return to the all voting board members. Any feed back or comments are discussed at the formal review with the finance committee. At the January finance committee meeting the return is reviewed, discussed and approved by the committee. The Treasurer leads the review process and the preparer, a licensed CPA, is on hand to answer questions At the January executive committee meeting the finance committee recommends approval by the executive committee who is authorized to act on behalf of the full board. After approval by the executive committee, management electronically files the return with the IRS. Form 990, Part VI, Section B, Line 12c Annually the board is given a copy of the Conflict of Interest policy and then asked to sign a certificate of acknowledgement that affirms that they have read and understand the policy and have agreed to comply with the articles of the policy. Additionally, the board annually fills out a board questionnaire that inquiries about family or business relationships that may be potential conflicts, as well as, inquiring about business transactions and compensation. Form 990, Part VI, Section B, Line 15 For the fiscal year ending 8/31/17, the executive committee and the board of directors of Village Theatre established an executive compensation and performance review committee. This committee meets twice a year with the Executive Producer and reviews goals and performance. The committee evaluates the CEO salaries at comparable theatres in the National Alliance for Musical Theatre salary survey and selected 990 tax returns for regional theatres in the Seattle area and around the country. The committee brings their compensation recommendations to the executive committee, who then brings the CEO's compensation package to the full board for approval. Other key employee's salaries are presented at the finance committee for review as part of the annual budgeting process which is approved by the full board. Form 990, Part VI, Section C, Line 19 The organization makes governing documents, conflict of interest policy and financial statements available to the public upon request. Additionally, audited financial statements and 990's are posted on Village Theatre's website and are available to the public for download. The 990 is also posted on Guidestar. Each year the organization produces an annual report that provides summary financial information. The annual report is also mailed to select donors; is available to the public upon request and posted on the website.