2017-10-05T16:48:59-05:00 2016-12-31 946214841 Armanino LLP 50 W San Fernando St Ste 500 San Jose CA 95113 990 2016-01-01 680419182 Livermore Valley Performing Arts Center LIVE 9253736100 2400 First Street Livermore CA 94550 HENRY HUFF treasurer 9253736100 2017-09-28 1 Lawrence S Kuechler P00233621 4082006400 2017-09-28 38.104.135.22 2017-09-28 13:56:45 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C6CDAEE9B875D4320E7F169406ABE2414F275E69 2016 2021-01-29 14:40:06Z Jeanette King 2400 First Street Livermore CA 94550 3443912 0 X www.lvpac.org X 1998 CA TO ESTABLISH AND OPERATE A WORLD-CLASS PERFORMING ARTS CENTER IN THE TRI-VALLEY. 17 16 62 200 0 0 1301363 1607211 1673814 1443846 53890 17681 89948 16961 3119015 3085699 0 0 0 0 1346518 1350787 42996 5566 258554 2462686 2561423 3852200 3917776 -733185 -832077 21754738 19775495 3299875 2313414 18454863 17462081 X THE MISSION OF Livermore Valley Performing Arts Center (LVPAC) IS TO OFFER A BROAD RANGE OF ARTS OPPORTUNITIES AND EXPERIENCES TO ENGAGE IN OUR DIVERSE COMMUNITY. 0 0 3124537 1397458 LVPAC operates the Bankhead Theater, which serves as home for many of the area's finest performing arts organizations. These include Del Valle Fine Arts, the Livermore Valley Opera, the Livermore-Amador Symphony, Valley Dance Theater, Tri-Valley Repertory Theater, Livermore School of Dance, Lamplighters Music Theater, Rae Dorough Speakers Series and the Pacific Chamber Symphony. LVPAC provides the Bankhead on a rental basis to both residents and visiting performance companies, and functions as a presenter in its own right, bringing to Livermore artists of national and international stature. Finally, LVPAC provides student matinee performances and artists' classroom workshops for school children across the Tri-Valley. During 2016, over 170 public events took place in the Bankhead Theater; 70,358 attendees enjoyed performances by such attractions as the Livermore Valley Opera, California Theatre Center, Tri-Valley Repertory Theatre, Livermore-Amador Symphony, Valley Dance Theater, The Capitol Steps, Russian Ballet, Paula Poundstone, Arlo Guthrie, Richard Marx, Big Bad Voodoo Daddy & the Stunt Dog Experience. LVPAC again hosted its annual Artwalk Festival, which brought visitors to downtown Livermore. A cornerstone of Livermore's downtown revitalization, the Livermore Valley Performing Arts Center and the Bankhead Theater, play a vibrant role in the cultural and economic life of the City of Livermore and the surrounding Tri-Valley region. 194583 87028 LVPAC operates the Bothwell Arts Center, a multi-purpose facility for the support of local visual and performing artists and organizations, under a lease agreement with the Livermore Area Recreation and Park District; and the Downtown Art Studios, a refurbished commercial building owned by the City of Livermore, which provides studio space for local visual artists. THE BOTHWELL ARTS CENTER SERVES AS AN ARTS INCUBATOR, OFFERING AFFORDABLE AND RENTABLE CLASSROOM, REHEARSAL, PERFORMANCE, EVENT AND STUDIO RENTAL SPACE FOR ARTIST, MUSICIANS, THEATRICAL, ACTING, CHORAL, AND OTHER INDIVIDUALS AND GROUPS WITH A CULTURAL ARTS FOCUS. The Downtown Arts Studios, a refurnished commercial building owned by the City of Livermore, provides studio space for local visual artists. 10,500 people participated in or attended these events. 3319120 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 0 0 0 0 1 26 1 62 1 0 0 0 0 0 1 1 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X X Reanna BRADFORD 9253736100 2400 first Street Livermore CA 94550 Jeanette King CHAIRMAN 1.00 X X 0 0 0 JOAN K SEPPALA PRESIDENT 1.00 X X 0 0 0 HENRY HUFF TREASURER 1.00 X X 0 0 0 Leland Younker PHD Secretary 1.00 X X 0 0 0 deNISE WATKINS VICE PRESIDENT 1.00 X X 0 0 0 Tim Sbranti - To 92916 dirECTOR 1.00 X 0 0 0 STEVE KING - To 111716 dIRECTOR 1.00 X 0 0 0 JosePH MADDEN dIRECTOR 1.00 X 0 0 0 DALE KAYE DIRECTOR 1.00 X 0 0 0 LaYNE MARCEAU dIRECTOR 1.00 X 0 0 0 NANCY BANKHEAD DIRECTOR 1.00 X 0 0 0 Bob Carling - to 112116 Director 1.00 X 0 0 0 JEAN SHULER DIRECTOR 1.00 X 0 0 0 JUDGE MARK EATON DIRECTOR 1.00 X 0 0 0 CHARLES HARTWIG DIRECTOR 1.00 X 0 0 0 BARRY RUSSELL DIRECTOR 1.00 X 0 0 0 AARON ORTIZ DIRECTOR 1.00 X 0 0 0 Kellene Counsins dIRECTOR 1.00 X 0 0 0 William Dunlop dIRECTOR 1.00 X 0 0 0 Philip R Wente Director 1.00 X 0 0 0 DAVE ACKERMAN - To 31516 DIRECTOR 1.00 X 0 0 0 Scott Kenison EXECUTIVE DIRECTOR 40.00 X 154340 0 0 Reanna Bradford Director of Finance 40.00 X 72922 0 0 227262 0 0 1 0 1 0 0 63454 4000 1539757 77150 1607211 THEATER REVENUE 711110 1356818 1356818 BOTHWELL STUDIO 711110 87028 87028 1443846 17681 17681 20403 0 20403 20403 20403 129891 63454 211646 -81755 -81755 66500 77457 -10957 -10957 117740 69110 48630 48630 Misc refunds 900099 40640 40640 40640 3085699 1484486 0 -5998 227262 54019 150092 23151 882189 687338 52184 142667 141216 94363 25747 21106 100120 66902 18254 14964 7744 7744 33700 33700 5566 5566 43578 19289 16574 7715 141167 141167 253122 226193 10405 16524 112764 95849 8457 8458 133875 128520 2677 2678 23875 9943 5971 7961 42823 41118 852 853 838089 829708 4190 4191 84289 78493 2898 2898 ARTIST PAYMENTS 743921 743921 FACILITY & EQUIPMENT 102297 102297 RECRUITMENT 357 357 BAD DEBT EXPENSE -178 -178 3917776 3319120 340102 258554 361972 408064 1576291 2028685 5372 18440 14401 33155 98859 24401884 7714358 17526071 16687526 2251877 519520 21754738 19775495 240900 520625 218050 294731 917867 50000 475000 1448058 1448058 3299875 2313414 X 15973948 14532611 1740915 2189470 740000 740000 18454863 17462081 21754738 19775495 X -832077 -160705 X 0 1 X 1 0 X 1177223 1811716 5986071 1301363 1607211 11883584 1177223 1811716 5986071 1301363 1607211 11883584 2228372 9655212 17712 16363 29565 71689 38084 173413 50185 193047 6573872 232267 237031 7286402 19343399 7727721 0.49910 0.52320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 740000 740000 22576090 6962082 15614008 21729 21600 129 297017 176467 120550 767048 554209 212839 16687526 PRESENT VALUE OF PURCHASE OPTION 1448058 1448058 X 3189989 195885 -91595 104290 3085699 0 3085699 4182771 195885 69110 264995 3917776 0 3917776 Part X, Line 2: Accounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the Center in its federal and state exempt organization tax returns are morelikely-than-not to be sustained upon examination. LVPAC files information returns in the U.S. federal jurisdiction and state of California. LVPAC's federal returns for the tax years 2013 and beyond remain subject to possible examination by the Internal Revenue Service. LVPAC's California returns for the tax years 2012 and beyond remain subject to possible examination by the Franchise Tax Board. Part XI, Line 2d - Other Adjustments: Concessions expense 69,110. WIP impairment loss -160,705. Part XII, Line 2d - Other Adjustments: Concessions expense 69,110. CA Brilliance at the Bankhead 180972 56113 124859 754 12577 36394 33015 60162 180972 56113 124859 754 12577 36394 33015 60162 142902 -18043 66500 75875 18 1564 0 66500 75875 18 1564 77457 -10957 CA 1 0 0 0 1.00000 Chris Carter 2400 First Street livermore CA 94550 0 Chris Carter 91089 Chris is compensated for his position of the director of development of the organization. The gaming activity was only a small part of his job duties. X 1 66500 X X X X X 0 0 0 0 0 0 0 0 0 Scott Kenison EXECUTIVE DIRECTOR 154340 0 0 0 0 0 0 0 0 0 154340 0 0 0 JOAN SEPPALA BOARD President 15988 "THE INDEPENDENT", A NEWSPAPER OWNED BY JOAN SEPPALA (PRESIDENT) PROVIDED $15,988 WORTH OF NEWSPAPER ADVERTISeMENTS for a fee. 0 X 2 11826 fmv X auction items 121 55613 FMV X special event supplies 8 7841 cost X supplies 7 1870 cost 0 0 1 0 Part I, Column (b): Number of contributions represents number of items contributed. Form 990, Part VI, Section B, line 11b FORM 990 IS PREPARED BY THE ORGANIZATION'S AUDIT FIRM AND STAFF, REVIEWED BY THE BOARD FINANCE COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, line 12c EACH DIRECTOR AND OFFICER ANNUALLY SIGNS A STATEMENT THAT AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTAND THE POLICY AND WILL COMPLY WITH IT. THE ORGANIZATION'S EXECUTIVE DIRECTOR MONITORS THE ORGANIZATION'S ACTIVITIES AND TRANSACTIONS THAT COME BEFORE THE BOARD FOR ANY POTENTIAL CONFLICT OF INTEREST IN ORDER TO ENSURE COMPLIANCE WITH EXISTING POLICIES. Form 990, Part VI, Section B, line 15 THE PROCESS FOR DETERMINING COMPENSATION of THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT OFFICIALS requires COMPARABILITY DATA AND OUTSIDE RESEARCH. THE COMPENSATION IS APPROVED BY THE BOARD. Form 990, Part VI, Section C, line 19 LVPAC MAKES ITS GOVERNMENT DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, line 9: WIP impairment loss -160,705.