2017-06-02T17:20:33-05:00 2016-08-31 221478099 COHNREZNICK LLP 400 CAPITOL MALL SUITE 1200 SACRAMENTO CA 95814 990 2015-09-01 954467830 WALLIS ANNENBERG CENTER FOR THE PERFORMING ARTS WALL 3102463800 9390 NORTH SANTA MONICA BLVD BEVERLY HILLS CA 90210 rachel fine managing director 3102463800 2017-06-02 1 LAURA WILDER CPA P00541441 9164429100 2015 2021-01-29 14:40:06Z RACHEL FINE 9390 NORTH SANTA MONICA BLVD BEVERLY HILLS CA 90210 9994549 0 X WWW.THEWALLIS.ORG X 1994 CA See Schedule O 33 33 248 0 0 0 7812209 6461067 2841990 3217640 51210 13575 902753 -240165 11608162 9452117 0 0 0 0 3711590 3990933 0 0 1277687 8654714 8661561 12366304 12652494 -758142 -3200377 91031362 85581977 14437427 12176709 76593935 73405268 X See Schedule O 1 0 7526469 2573409 See Schedule O 759816 190100 See Schedule O 8286285 1 1 0 0 0 0 0 1 0 1 1 0 0 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 0 0 0 1 128 0 1 248 1 0 0 0 0 0 0 0 0 0 0 X 33 33 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 David Bohnett Chairman 5.00 X X 0 0 0 Lauren Leichtman Executive Vice Chair 5.00 X X 0 0 0 Richard Rosenzweig Vice Chair 5.00 X X 0 0 0 Vicki Reynolds Vice Chair 5.00 X X 0 0 0 Arnold Rosenstein Vice Chair 5.00 X X 0 0 0 Ronald Rosen Secretary 5.00 X X 0 0 0 Les Bider Treasurer 5.00 X X 0 0 0 Susan Strauss Assist Secretary 5.00 X X 0 0 0 Jonathan Victor Assist Treasurer 5.00 X X 0 0 0 John Bendheim BOARD MEMBER 1.00 X 0 0 0 Sharon Davis BOARD MEMBER 1.00 X 0 0 0 Donna Garber BOARD MEMBER 1.00 X 0 0 0 Bruce Goldsmith BOARD MEMBER 1.00 X 0 0 0 Carol Goldsmith BOARD MEMBER 1.00 X 0 0 0 Meralee Goldman 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 Wallis Annenberg BOARD MEMBER 1.00 X 0 0 0 Cinny Kennard BOARD MEMBER 1.00 X 0 0 0 Laurie Konheim BOARD MEMBER 1.00 X 0 0 0 Kris Levine BOARD MEMBER 1.00 X 0 0 0 Paul Selwyn BOARD MEMBER 1.00 X 0 0 0 Marc Selwyn BOARD MEMBER 1.00 X 0 0 0 Debbie Allen BOARD MEMBER 1.00 X 0 0 0 Jerry Magnin BOARD MEMBER 1.00 X 0 0 0 Jamie McCourt BOARD MEMBER 1.00 X 0 0 0 Jacqueline Avant BOARD MEMBER 1.00 X 0 0 0 Steve Ghysels BOARD MEMBER 1.00 X 0 0 0 Arnon Adar BOARD MEMBER 1.00 X 0 0 0 Regina Weingarten BOARD MEMBER 1.00 X 0 0 0 Ron Simms BOARD MEMBER 1.00 X 0 0 0 Steve Cochran BOARD MEMBER 1.00 X 0 0 0 Bruce Schulman BOARD MEMBER 1.00 X 0 0 0 Tania Camargo Managing Director 40.00 X 178442 0 5476 James D'Asaro Director of Production 40.00 X 120308 0 11739 Heather Shuemaker Director of Corporate Relations 40.00 X 115119 0 11624 Mark Slavkin Director of Education 40.00 X 113077 0 7230 Patricia Wolff Director of Programming 40.00 X 112923 0 6230 639869 0 42299 5 0 1 0 classic party rentals 2310 imperial hwy el segundo CA 90245 equip./supply rental 358629 opus 3 artists 470 Park Avenue s 9th flr n new york NY 10016 artists represent. 251375 love letters tour llc 7135 minstrel way 105 columbia MD 21045 booking fees/royalt. 240000 special occasions event planning 8543 santa monica blvd suite 11 west hollywood CA 90069 concessions labor 198052 oakwood corporate housing llc po box 515454 los angeles CA 90051 visiting artist hsng 171164 5 842214 5618853 204611 6461067 TICKET SALES 711190 3217640 3217640 3217640 13575 13575 705178 0 705178 705178 705178 51220 842214 542432 -491212 -491212 OTHER INCOME/expense 900099 -454131 -454131 -454131 9452117 2763509 0 227541 X 887174 581022 216563 89589 2327180 1524101 568074 235005 188532 123472 46021 19039 288428 188895 70406 29127 299619 196224 73138 30257 42469 27813 10367 4289 39310 25744 9596 3970 2008979 1315707 490399 202873 1199054 785276 292694 121084 91681 60043 22380 9258 153003 100204 37349 15450 121336 79465 29619 12252 1844565 1208030 450265 186270 683181 447424 166767 68990 94570 61935 23085 9550 183113 119923 44699 18491 183688 120300 44839 18549 218539 143124 53346 22069 PRODUCTION 683936 447919 166951 69066 repairs & maintenance 423073 277076 103274 42723 utilities 298992 195814 72985 30193 taxes & licenses 196349 128592 47930 19827 195723 128182 47775 19766 12652494 8286285 3088522 1277687 3195688 2264266 10202964 6709970 60000 545176 469961 619929 301241 630818 318688 65288191 64609420 11168525 11149672 91031362 85581977 929830 940532 1287878 910597 11439697 7708054 780022 2617526 14437427 12176709 X 62672567 62995747 10421368 6909521 3500000 3500000 76593935 73405268 91031362 85581977 -3200377 11709 1 0 X X 0 1 X 1 0 X 8126823 4221701 23824536 7812209 6461067 50446336 8126823 4221701 23824536 7812209 6461067 50446336 19006153 31440183 6198 11417 11556 51210 13575 93956 20646 388165 -454131 -45320 50494972 0.62260 0.63520 X Schedule A, Part II, Line 10, Explanation of Other Income: other income - 2013 Amount: $ 20,646. 2014 Amount: $ 388,165. 2015 Amount: $ -454,131. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 365150 X 0 3718404 13440 32293 3699551 3895599 51141 228336 3718404 3744538 354297 203236 3895599 3621972 122566 3744538 3365099 272846 -15973 3621972 0.94610 0.05390 0 0 619929 301241 318688 318688 FINE ART COLLECTIONS 365150 ENDOWMENTS HELD IN TRUST 3660775 DEVELOPER FEE RECEIVABLE 7123747 11149672 RELATED PARTY PAYABLE 2617526 2617526 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 its accompanying consolidated financial statements. The Wallis has no unrecognized tax benefits at August 31, 2016. The Wallis's federal and state income tax returns prior to fiscal years 2012 and 2011, 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 its consolidated statement of activities. Schedule D, Part V, Line 4: THE WALLIS HAS BEEN NOTIFIED IT WILL BE 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 LOWER OF THE COMBINED INITIAL BALANCE OF $3,500,000. 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. duet gala 769384 741584 27800 178442 76442 63045 174233 maestro opening 124050 100630 23420 10325 23012 16933 893434 842214 51220 188767 99454 63045 191166 542432 -491212 X X X X X 0 0 0 0 0 0 0 0 0 Tania Camargo Managing Director 142692 0 20000 0 15750 0 0 0 5476 0 183918 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. 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 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 airline miles 1 200125 FMV 0 1 0 FORM 990, PART I & PART III, LINE 1 - ORGANIZATION MISSION: The mission of the Wallis Annenberg Center for the Performing Arts is to create, present and celebrate unique performing arts events and educational programs that reflect the rich cultural diversity of the community. Located in Beverly Hills, California, The Wallis presents an annual subscription season of theater, music, dance and a range of education and outreach programs that make the performing arts accessible to all community members and cultivates the next generation of artists and audiences. Each year, The Wallis serves over 44,000 ticket buyers, more than 9,000 underserved youth who participate in the education programs, and several thousand more community members who attend classes, free programming, outreach programs and family events. The Wallis is housed in a 70,000-square-foot venue that includes the preservation and adaptive reuse of the historic landmark 1933 Beverly Hills Post Office and a new, adjoining 500-seat Bram Goldsmith Theater. The original Post Office contains the lobby, offices, the 150-seat Lovelace Studio Theater, and the extensive GRoW @ The Wallis education wing, which features three classrooms, offices, a conference room and facilities for students. The Wallis was incorporated as a not-for-profit organization in 1994 to oversee the transformation of the historic Post Office into a cultural center. Form 990, Part III, line 2 Since its last tax filing, the organization added the GRoW @ The Wallis program, described in detail in the form 990, Part III, line 4b narrative on this schedule. FORM 990, PART III, LINE 4a: Performing Arts Program The Wallis opened to the public for its first season in 2013/14. The annual season includes: - Theater: We produce and present plays and musicals from theater companies in Los Angeles, elsewhere in the United States and abroad. - Music: We present classical chamber music, solo performances, jazz and cabaret series by master artists from around the world, as well as outstanding, emerging talent. - Dance: Our dance series features an international roster of award-winning and eclectic dance ensembles. - Arts & Ideas: A speaker series presenting notable guests from the realms of art and culture. - Theater for Young Audiences: A series of highly-creative theater pieces designed for young people and their families. FORM 990, PART III, LINE 4b: GRoW @ The Wallis Program Mission-centric education and outreach programs make the performing arts accessible to all community members, and cultivate the next generation of artists and audiences. The School Partners Program serves over 10,000 K-12 students each year. We also have in-depth partnerships with ten Wallis Focus Schools in underserved communities. These partnerships include matinee performances throughout the season, sessions with visiting teaching artists, arts career days and opportunities for students and parents to attend shows together. Our Partners include over 50 Los Angeles County schools, and in particular, up to ten Focus Schools. Some of the schools we work with include Maple Primary Center, Equitas Academy, Camino Nuevo High School, West Adams Prep and many others. The Young Artists Project, launched in 2015/2016 Season, offers classes for dedicated and promising young artists, ages 13 through 20, taught by outstanding faculty, augmented by Master Classes and workshops with artists performing at The Wallis. We have provided exceptional opportunities for students such as The Art of Choreography, The Art of the Small Ensemble: Classical Music & Jazz and Songwriting for the Theater. The Wallis Students Arts Reporters Program offers select students the opportunity to attend performances and learn the craft of arts criticism. Community engagement courses and events are available such as dance classes for toddlers through older adults in partnership with Invertigo Dance Theatre; arts programs for youth with autism in partnership with The Miracle Project; and free outdoor "Dance Sundays" classes led by Debbie Allen and open to all community members. The Community Partners Program makes over 1,700 tickets a year available to constituents of community service organizations. Some of our partners include Hope Street Family Center, Imagine LA, Homeschool Theater Lab, Notre Dame Academy, A Place Called Home, Beverly Hills Senior Housing, Crestwood Hills Park Club, Sunset Hall, MATI, Israeli Community Center, Pablove Shutterbugs, Advot Project, Mutual Amputee Aid Foundation, Stop Senior Scams, Claude Pepper Senior Center, Gabriella Foundation, Move the World Now Dance Activism, Silvercrest Senior Residences, Vista Del Mar, Imagine LA, College of the Canyons, and Messiah Baptist Church. Form 990, Part VI, Section A, line 2 BRAM GOLDSMITH / BRUCE GOLDSMITH (Fmr/current Board members: Father/Son) 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 11 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. 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 EXEC STAFF AND 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 1,315,707. Management and general expenses 490,399. Fundraising expenses 202,873. Total expenses 2,008,979. 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 MANAGER LLC 9390 NORTH SANTA MONICA BLVD BEVERLY HILLS CA 90210 462571465 R.E. Mgmt CA WACPA C -678771 64620920 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 BH PERFORMING ARTS MANAGER LLC D 9026248 CASH