2017-02-01T16:46:46-06:00 2016-06-30 390974031 WEGNER CPAS LLP 2110 LUANN LN MADISON WI 537133074 990 2015-07-01 010645482 OVERTURE CENTER FOUNDATION INC OVER 6082584177 201 STATE ST MADISON WI 537032214 TED DEDEE PRESIDENT/CEO 6082584177 2017-01-25 1 YIGIT UCTUM CPA P01269549 6082744020 2015 2021-01-29 14:40:06Z TED DEDEE 201 STATE ST MADISON WI 537032214 22433256 0 X WWW.OVERTURE.ORG X 2002 WI THE ORGANIZATION OPERATES THE OVERTURE CENTER FOR THE ARTS, A PERFORMING AND VISUAL ARTS CENTER. ITS MISSION IS TO ENRICH THE LIVES OF INDIVIDUALS AND THE COMMUNITY BY CREATING, ENCOURAGING, AND CATALYZING EXTRAORDINARY EXPERIENCES. THE OVERTURE CENTER PRESENTS A BROAD SPECTRUM OF HIGH QUALITY PERFORMING ARTS PROGRAMMING AND EDUCATIONAL OUTREACH PROGRAMS. THE CENTER RAISES FUNDS TO SUPPORT FREE AND LOW COST COMMUNITY PROGRAMS AS WELL AS OTHER PROGRAMS AND INITIATIVES TO ADVANCE THE MISSION. TEN LOCAL PERFORMING ARTS COMPANIES ARE RESIDENT ORGANIZATIONS OF THE CENTER. 25 25 356 500 470175 -194883 3745955 4197628 11358824 18094907 4296 6761 0 22767 15109075 22322063 0 0 0 0 6137564 6856010 0 0 534436 8763434 13548171 14900998 20404181 208077 1917882 8865314 11990456 6032165 7287519 2833149 4702937 X OVERTURE CENTER FOR THE ARTS ENRICHES THE LIVES OF INDIVIDUALS AND THE COMMUNITY BY CREATING, ENCOURAGING, AND CATALYZING EXTRAORDINARY EXPERIENCES. THE CENTER PRESENTS A BROAD SPECTRUM OF HIGH QUALITY PROGRAMMING, DEVELOPS AUDIENCES FOR THE ARTS THROUGH HIGH-QUALITY OUTREACH AND PROGRAMMING, ADVANCES THE MISSION OF RESIDENT ORGANIZATIONS, ADVOCATES FOR THE DEVELOPMENT OF THE ARTS IN THE COMMUNITY, AND PROVIDES A WORLD-CLASS FORUM FOR DIVERSE ARTISTIC EXPRESSION. 0 0 18430752 17624732 THE OVERTURE CENTER HOSTED HUNDREDS OF TICKETED EVENTS WITH OUR BOX OFFICE SELLING MORE THAN 376,000 TICKETS. THE OVERTURE CENTER PRESENTED A WIDE VARIETY OF ARTISTIC OFFERINGS THAT PATRONS WOULD NOT OTHERWISE HAVE THE OPPORTUNITY TO EXPERIENCE IN MADISON, RANGING FROM UP-AND-COMING DANCE COMPANIES TO CHILDREN'S THEATER PERFORMANCES TO NATIONALLY TOURING BROADWAY HITS. IN FULFILLING ITS MISSION OF ACCESS TO THE ARTS, THE OVERTURE CENTER STRIVES TO KEEP TICKET PRICES AFFORDABLE. THE AVERAGE TOP TICKET PRICE FOR NON-BROADWAY PERFORMANCES WAS UNDER $40. ADDITIONALLY, THE OVERTURE CENTER SUBSIDIZES AND SUPPORTS THE WORK OF TEN LOCAL, NONPROFIT RESIDENT ARTS COMPANIES WHO SOLD OVER 111,000 TICKETS TO THEIR PERFORMANCES. THE OVERTURE CENTER FULFILLS THE CORE OF ITS MISSION THROUGH FOURTEEN COMMUNITY ENGAGEMENT AND EDUCATION PROGRAMS. AS A RESULT OF THESE PROGRAMS LAST YEAR, OVER 222,000 PEOPLE SAW A FREE PERFORMANCE OR VISUAL EXHIBIT. THE PROGRAMS INCLUDED OVERTURE ONSTAGE THAT ATTRACTED MORE THAN 28,000 ELEMENTARY AND HIGH SCHOOL STUDENTS TO DAYTIME PERFORMANCES DURING THE SCHOOL YEAR, KIDS IN THE ROTUNDA THAT ATTRACTED APPROXIMATELY 33,000 KIDS AND PARENTS TO FREE PERFORMANCES, AND COMMUNITY ARTS ACCESS THAT ATTRACTED APPROXIMATELY 2,300 VISITORS TO PERFORMANCES BY LOCAL ARTISTS. VARIOUS UNIQUE SPACES WITHIN THE OVERTURE CENTER ARE AVAILABLE FOR RENT TO THE PUBLIC TO HOLD SPECIAL EVENTS AND MEETINGS. THE OVERTURE CENTER'S NATURE AS A COMMUNITY ARTS CENTER PROVIDES FOR THE KIND OF EXPERIENCE UNAVAILABLE AT OTHER EVENT VENUES. 18430752 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 125 0 356 1 1 1 0 0 0 0 1 1 0 0 0 0 X 25 25 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X TED DEDEE 6082584177 201 STATE ST MADISON WI 537032214 CHARLES SAEMAN CHAIR 1.00 X X 0 0 0 BETTY HARRIS CUSTER VICE CHAIR 1.00 X X 0 0 0 PABLO SANCHEZ SECRETARY 1.00 X X 0 0 0 DENES TOBIE TREASURER 1.00 X X 0 0 0 RAY ALLEN DIRECTOR 1.00 X 0 0 0 BRYAN CHAN DIRECTOR 1.00 X 0 0 0 DEIRDRE GARTON DIRECTOR 1.00 X 0 0 0 GREG DOMBROWSKI DIRECTOR 1.00 X 0 0 0 JIM IMHOFF DIRECTOR 1.00 X 0 0 0 JOE SENSENBRENNER DIRECTOR 1.00 X 0 0 0 LINDA BALDWIN DIRECTOR 1.00 X 0 0 0 MICHAEL JOHNSON DIRECTOR 1.00 X 0 0 0 MIKE VERVEER DIRECTOR 1.00 X 0 0 0 DANIEL KUEHN DIRECTOR 1.00 X 0 0 0 ROBERTA GASSMAN DIRECTOR 1.00 X 0 0 0 JEFFERY MACK DIRECTOR 1.00 X 0 0 0 DIANE BALLWEG DIRECTOR 1.00 X 0 0 0 JONATHAN LIPP DIRECTOR 1.00 X 0 0 0 ANNA BURISH DIRECTOR 1.00 X 0 0 0 KAREN CHRISTIANSON DIRECTOR 1.00 X 0 0 0 LISA GIRDHARRY DIRECTOR 1.00 X 0 0 0 SHAWN GUSE DIRECTOR 1.00 X 0 0 0 DIANNE CHRISTENSEN DIRECTOR 1.00 X 0 0 0 KATIE DOWLING-MARCUS DIRECTOR 1.00 X 0 0 0 RICHARD SCOTT DIRECTOR 1.00 X 0 0 0 LISA VISCARDI DIRECTOR 1.00 X 0 0 0 TED DEDEE PRESIDENT/CEO 40.00 X 179159 0 10999 KEVIN SWEENEY VP FINANCE/CFO 40.00 X 112844 0 3351 GLENDA NOEL-NEY VP DEVELOPMENT 40.00 X 116651 0 0 408654 0 14350 3 0 1 0 WALT DISNEY PICTURES 1048 GRAND CENTRAL AVE GLENDALE CA 912013011 THE LION KING 3063260 MUNCHKINLAND PRODUCTIONS 321 W 44TH ST STE 801 NEW YORK NY 100365453 WICKED 1511225 KEYBRAND ENTERTAINMENT INC 1619 BROADWAY FL 9 NEW YORK NY 100197412 VARIOUS PRODUCTIONS 827872 FRANK PRODUCTIONS INC 155 E WILSON ST STE 100 MADISON WI 537033489 PROMOTER SHOW SETTLEMENTS 746692 BTB TOURING COMPANY LLC 7135 MINSTREL WAY STE 105 COLUMBIA MD 210455293 BEAUTY AND THE BEAST 600027 19 143563 1750000 2304065 186214 4197628 TICKET SALES AND FEES 711310 15367313 15367313 FACILITY RENTALS AND SERVICES 531120 1866706 1563837 302869 OTHER PROGRAM SERVICE REVENUE 900099 435194 427656 7538 CATERING 722320 342504 182736 159768 MERCHANDISE AND SOUVENIR COMMISSI 453220 83190 83190 18094907 6761 6761 133960 143563 111193 22767 22767 22322063 17624732 470175 29528 X 322070 67004 188062 67004 5137127 4037357 794755 305015 95605 75279 14819 5507 606117 475776 93657 36684 695091 546460 107571 41060 25747 25747 65942 65942 9131827 9124406 7421 1168204 1148837 19367 1214442 1128661 37277 48504 228803 198867 29014 922 1176813 1129740 47073 55788 54706 1082 88053 88053 6821 6821 289941 284142 4349 1450 41990 37371 4199 420 MEMBERSHIPS 34093 34093 BAD DEBT EXPENSE 19707 19707 20404181 18430752 1438993 534436 221811 13437 4493218 7719632 1046589 926698 330057 178192 244188 291503 3338581 1672584 1241020 1665997 1288431 1194997 8865314 11990456 763805 1028074 5009264 5830733 259096 428712 6032165 7287519 X 337970 2310673 1621929 1504014 873250 888250 2833149 4702937 8865314 11990456 X 1917882 -48094 X 0 1 X 1 0 X 3248237 3268996 3470355 3745955 4197628 17931171 5293909 15007277 8604942 10747878 17624732 57278738 8542146 18276273 12075297 14493833 21822360 75209909 343746 364242 212179 159812 625742 1705721 625806 1066880 1020745 527484 3240915 343746 990048 1279059 1180557 1153226 4946636 70263273 1305 10673 5894 4296 6761 28929 1305 10673 5894 4296 6761 28929 8543451 18286946 12081191 14498129 21829121 75238838 0.93390 0.92190 0.00040 0.00050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 1288431 15000 -34448 60340 13646 1194997 1311244 28250 23066 59048 15081 1288431 1196441 190408 61116 14489 1311244 1135476 15000 123228 63332 13931 1196441 1174403 47582 79662 6847 1135476 0.74330 0.25670 1 0 3291469 1672584 1618885 47112 47112 1665997 BENEFICIAL INTEREST IN ASSETS HELD BY MADISON COMMUNITY FOUNDATION 1194997 1194997 PART III, LINE 1A: THE OVERTURE CENTER'S AUDUBON ENGRAVINGS COLLECTION FEATURES 24 ORIGINAL JOHN JAMES AUDUBON ENGRAVINGS DONATED BY DR. RICHARD B ANDERSON. THE COLLECTION WAS ACQUIRED THROUGH DONATIONS SINCE THE ORGANIZATION'S INCEPTION AND IS NOT RECOGNIZED AS AN ASSET ON THE STATEMENT OF FINANCIAL POSITION. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES, IF APPLICABLE, WOULD BE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. NO COLLECTION ITEMS WERE DEACCESSIONS DURING THE YEAR. PART III, LINE 4: AS DR. RICHARD ANDERSON SAID, "THE AUDUBON ENGRAVINGS CALL TO THE VIEWER TO UNDERSTAND THE ENVIRONMENTAL ETHIC THAT SO THOROUGHLY MOTIVATED AUDUBON. HE AFFECTED SOCIETY WITH HIS ART WORK SO WE MUST EACH INFLUENCE SOCIETY WITH OUR SERVICE THE COMPELLING MESSAGE EMBODIED WITH EACH ORIGINAL ENGRAVING. NO MATTER HOW HARD WE WORK OR STUDY, WE MUST FIND TIME TO EXERCISE OUR SOCIAL RESPONSIBILITY. THIS IS A MESSAGE THE ART CARRIES--OF CONSERVATION AND PUBLIC TRUST." THE COLLECTION FURTHERS THE OVERTURE CENTER'S EXEMPT PURPOSE BY PROVIDING ANOTHER MEANS OF ENGAGING THE COMMUNITY IN THE ARTS THROUGH A BROAD SPECTRUM OF ARTISTIC ALTERNATIVES. PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO PROVIDE LONG-TERM SUPPORT IN CARRYING OUT THE MISSION OF OVERTURE CENTER FOR THE ARTS OF ENRICHING THE LIVES OF INDIVIDUALS AND THE COMMUNITY BY CREATING, ENCOURAGING, AND CATALYZING EXTRAORDINARY EXPERIENCES. FROSTIBALL 277523 143563 133960 68760 12440 29993 277523 143563 133960 68760 12440 29993 111193 22767 X 1 0 X X X 0 0 0 0 0 0 0 0 0 TED DEDEE PRESIDENT/CEO 179159 0 0 0 0 0 3935 0 7064 0 190158 0 0 0 PART I, LINE 1A TED DEDEE RECEIVED A MEMBERSHIP TO THE MADISON CLUB. THIS BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION AS THE MAIN PURPOSE OF THE MEMBERSHIP IS BUSINESS. X EQUIPMENT 3 98342 COST/SELLING PRICE X AUCTION ITEMS 510 51018 COST/SELLING PRICE X PREPAID GIFT CARDS 3 30409 FACE AMOUNT X CHOCOLATES 2 2471 COST/SELLING PRICE X FOOD 2 1951 COST/SELLING PRICE X ANNOUNCEMENTS, POSTCARDS, AND INVITES 1 1927 COST/SELLING PRICE X WINE 1 96 COST/SELLING PRICE 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). PART I, LINE 32B: THE ORGANIZATION USES LPL FINANCIAL TO RECEIVE CONTRIBUTIONS OF SECURITIES. LPL FINANCIAL IMMEDIATELY LIQUIDATES SUCH CONTRIBUTIONS AND TRANSFERS THE PROCEEDS LESS A NOMINAL FEE TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE MAYOR OF THE CITY OF MADISON MAY APPOINT AT LEAST THREE DIRECTORS TO THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE PREPARED FORM 990 IS REVIEWED BY THE PRESIDENT/CEO AND THE FINANCE COMMITTEE AT A REGULARY SCHEDULED MEETING BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE GOVERNING BODY ARE REQUIRED TO SIGN AN ANNUAL DISCLOSURE UPDATE THAT IS GIVEN TO THE GOVERNANCE COMMITTEE. MEMBERS ARE REQUIRED TO DISCLOSE DURING THE YEAR ANY POTENTIAL CONFLICTS OF INTEREST THAT THEY MAY HAVE OR BELIEVE MAY EXIST WITH ANOTHER MEMBER TO THE GOVERNANCE COMMITTEE. THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR INVESTIGATING AND PROVIDING A RECOMMENDATION. THE ORGANIZATION'S LEGAL COUNSEL MAY BE CONTACTED TO PROVIDE GUIDANCE AND ADVICE AS NEEDED. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT/CEO SIGNED A THREE YEAR EMPLOYMENT AGREEMENT, EFFECTIVE JULY 1, 2015, AND APPROVED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS DETERMINED THE COMPENSATION PACKAGE BY USING COMPARABILITY DATA AND REVIEWING COMPENSATION PAID BY SIMILAR ORGANIZATIONS IN THE AREA. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S BUSINESS OFFICE. FORM 990, PART IX, LINE 11G BUSINESS CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 168,165. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 6,632. TOTAL EXPENSES 174,797. ARTISTS AND PERFORMANCE SERVICE FEES: PROGRAM SERVICE EXPENSES 8,822,741. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,822,741. INTERPRETER SERVICES: PROGRAM SERVICE EXPENSES 6,522. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,522. CATERING/VENDING SERVICES: PROGRAM SERVICE EXPENSES 126,978. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 789. TOTAL EXPENSES 127,767. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY MADISON COMMUNITY FDN -48,094. OVERTURE DEVELOPMENT CORPORATION 201 STATE ST MADISON WI 537032214 391997702 SUPPORTING ORGANIZATION OF OVERTURE CENTER FOUNDATION, INC. WI 501(C)(3) LINE 11A, I OVERTURE CENTER FOUNDATION INC 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0