2016-12-20T09:52:07-06:00 2016-06-30 620713250 KRAFTCPAS PLLC 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2015-07-01 581320590 TENNESSEE PERFORMING ARTS CENTER (TPAC) MANAGEMENT CORPORATION TENN 6157824000 505 DEADERICK STREET 3RD FLOOR NASHVILLE TN 37243 KATHLEEN O'BRIEN PRESIDENT & CEO 6157824000 2016-12-20 1 FRANCES E LEAHY P00713593 6152427351 2016-12-14 2015 2017-02-10 21:41:12Z KATHLEEN O'BRIEN 505 DEADERICK STREET 3RD FLOOR NASHVILLE TN 37243 20592791 0 X WWW.TPAC.ORG X 1977 TN TO CREATE A LIFETIME OF MEANINGFUL AND RELEVANT EXPERIENCES THROUGH THE PERFORMING ARTS; PROVIDING QUALITY ARTS ENTERTAINMENT AND EDUCATION TO THE RESIDENTS OF TENNESSEE THROUGH THE OPERATION OF THE TENNESSEE PERFORMING ARTS CENTER. 28 28 445 200 -6044 -6670 3199545 2934369 10954176 14602252 -3673 -3852 1916789 2492736 16066837 20025505 0 0 0 0 5758627 6122416 0 0 506370 10115274 12630867 15873901 18753283 192936 1272222 12182818 13805518 5159927 5513465 7022891 8292053 X TO PROVIDE FACILITIES, SERVICES, AND PROGRAMS OF THE HIGHEST QUALITY FOR THE GREATEST BENEFIT OF THE PEOPLE, INSTITUTIONS, AND COMMUNITIES OF THE STATE, AND TO TAKE A LEADERSHIP ROLE IN FOSTERING THE PERFORMING ARTS, ARTS EDUCATION, RESIDENT ART GROUPS AND OTHER ARTS ORGANIZATIONS. 0 0 15244418 17052428 TPAC IS A NOT-FOR-PROFIT ORGANIZATION. TPAC ENTERED INTO AN AGREEMENT WITH THE STATE OF TENNESSEE & THE TENNESSEE PERFORMING ARTS FOUNDATION IN 1978. THE INITIAL AGREEMENT ESTABLISHED TPAC PRINCIPALLY FOR THE PURPOSE OF PRESENTING QUALITY ARTS ENTERTAINMENT & EDUCATION TO TENNESSEE RESIDENTS THROUGH THE OPERATION OF THE TENNESSEE PERFORMING ARTS CENTER. TPAC HAS ADMINISTRATIVE CONTROL OVER THE OPERATIONS AND FUNCTIONS OF THE FOUR THEATERS LOCATED IN TWO BUILDINGS IN DOWNTOWN NASHVILLE. IN ADDITION TO ITS ROLE WITH THE STATE OF TENNESSEE, TPAC OPERATES SEVERAL PROGRAM INITIATIVES INCLUDING FIVE ARTS EDUCATION PROGRAMS, PUBLIC OFFERINGS SUCH AS A BROADWAY SERIES, CONCERTS, COMEDY SHOWS, ETC. ADDITIONALLY, TPAC RENTS ITS FACILITIES TO THREE PERFORMING ARTS RESIDENT COMPANIES - THE NASHVILLE OPERA ASSOCIATION, NASHVILLE BALLET, AND THE NASHVILLE REPERTORY THEATRE (FORMERLY THE TENNESSEE REPETORY THEATRE), ALL THREE OF WHICH ARE NON-PROFIT ORGANIZATIONS. TPAC ALSO RENTS ITS FACILITIES TO OUTSIDE PROMOTERS FOR EVENTS WHERE THE PROMOTERS ARE AT RISK, AND TO THE STATE (WITH RENT WAIVED) FOR THEIR EVENTS. TO SUPPORT PUBLIC PROGRAMMING, TPAC OPERATES ITS OWN TICKETING SERVICES. TO SUPPORT ITS EDUCATIONAL PROGRAMS, TPAC ENGAGES IN FUNDRAISING WHICH INCLUDES SOLICITING GIFTS AND SUPPORT FROM INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS. 227748 103497 DURING THE 2016 FISCAL YEAR, HUMANITIES OUTREACH IN TENNESSEE (HOT) PRESENTED 51 (56 DURING 2015) PROFESSIONAL PERFORMANCES OF THEATER, DANCE AND MUSIC FOR STUDENT AUDIENCES AT TPAC. SUBSIDIZED TICKETS, TRAVEL GRANTS AND CLASSROOM MATERIALS WERE PROVIDED TO ENSURE THAT EACH STUDENT COULD HAVE ACCESS TO DIVERSE CULTURAL AND EDUCATIONAL PROGRAMS. HOT ALSO PROVIDED IN-SCHOOL STUDENT WORKSHOPS, AUDIENCE DISCUSSIONS AND WORKSHOPS FOR TEACHERS WHICH ADDRESSED THE EDUCATIONAL CONTENT OF EACH PERFORMANCE. DURING THE 2015-2016 ACADEMIC YEAR, 21,392 STUDENTS AND TEACHERS FROM 212 SCHOOL GROUPS ATTENDED HOT SEASON FOR YOUNG PEOPLE PERFORMANCES (20,003 STUDENTS AND TEACHERS FROM 206 SCHOOL GROUPS DURING THE 2014-2015 ACADEMIC YEAR). 51026 3035 ARTSMART IS A CLASSROOM-BASED INSTRUCTION PROGRAM THAT ACCOMPANIES THE HOT SEASON FOR YOUNG PEOPLE. THROUGH ARTSMART, STUDENTS ARRIVE AT THE THEATRE WITH AN EXPANDED CAPACITY TO ENGAGE WITH THE PERFORMANCE THEY ARE ABOUT TO SEE. SPECIALIZED TRAINING ENABLES EDUCATORS AND TEACHING ARTISTS TO GUIDE ARTS-BASED INSTRUCTION THAT CHALLENGES YOUNG PEOPLE TO IMAGINE, PRACTICE, AND REFLECT. A TOTAL OF 3,764 STUDENTS AND TEACHERS PARTICIPATED IN ARTSMART IN 2015-2016 (3,901 STUDENTS AND TEACHERS IN 2014-2015). 37 SCHOOLS RECEIVED ARTSMART EDUCATION SERVICES AT NO CHARGE IN 2016 (36 SCHOOLS IN 2015). 60903 1920 TPAC'S WOLF TRAP EARLY LEARNING THROUGH THE ARTS PROGRAM BRINGS ARTS-BASED CLASSROOM RESIDENCIES TO PRESCHOOLS AND HEAD START CENTERS. TEACHING ARTISTS AND TEACHERS USE ARTS INSTRUCTION TO TARGET EARLY CHILDHOOD DEVELOPMENTAL GOALS AND HELP CHILDREN LEARN. A TOTAL OF 1,262 CHILDREN AND TEACHERS PARTICIPATED IN WOLF TRAP IN 2015-2016 AT NO CHARGE TO THEM (1,171 CHILDREN AND TEACHERS IN 2014-2015). 11709 0 INSIDEOUT IS FOR ADULTS WHO WANT TO GROW IN THEIR KNOWLEDGE AND ENJOYMENT OF THE PERFORMING ARTS. THE PROGRAM OFFERS A SERIES OF LUNCH SEMINARS, PERFORMANCE EXCERPTS, DISCUSSIONS, WORKSHOPS AND SNEAK PREVIEWS BEHIND THE SCENES. A TOTAL OF 3,521 INDIVIDUALS PARTICIPATED IN THIS PROGRAM DURING 2016 AT NO CHARGE (3,753 INDIVIDUALS DURING 2015). 74725 0 DISNEY MUSICALS IN SCHOOLS (DMIS) DEVELOPS A CULTURE OF MUSICAL THEATRE PERFORMANCE IN METRO NASHVILLE ELEMENTARY SCHOOLS. THE PROGRAM INTRODUCES THE COLLABORATIVE ART OF MUSICAL THEATRE; STRENGTHENS ARTS PROGRAMMING; DEVELOPS PARTNERSHIPS AMONG STUDENTS, FACULTY, STAFF AND THE GREATER NASHVILLE COMMUNITY. PARTICIPATING SCHOOLS RECEIVE (AT NO COST) A PERFORMANCE LICENSE TO ANY DISNEY KIDS MUSICAL, SHOWKIT MATERIALS, INCLUDING DIRECTORS GUIDES, STUDENT SCRIPTS, ACCOMPANIMENT AND VOCAL CDS AND A CHOREOGRAPHY DVD, CROSS-CURRICULAR ACTIVITIES; AND IN-SCHOOL SUPPORT FROM TEAMS OF TWO TPAC TEACHING ARTISTS FOR 15 WEEKS. IN 2015-2016, 1,413 STUDENTS AND 223 EDUCATORS FROM 23 METRO NASHVILLE PUBLIC SCHOOLS TOOK PART IN THE DMIS PROGRAM (1,188 STUDENTS AND 189 EDUCATORS FROM 20 MNPS SCHOOLS TOOK IN 2014-15.) 147337 1920 15670529 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 0 1 0 0 0 0 1 0 0 0 1 87 0 1 445 1 1 1 0 0 0 0 1 1 0 0 X 28 28 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TN X JULIE GILLEN CFO 6157824033 505 DEADERICK STREET 3RD FLOOR NASHVILLE TN 37243 C DALE ALLEN CHAIR 0.50 X X 0 0 0 RONALD L CORBIN VICE-CHAIR 0.50 X X 0 0 0 JIM SCHMITZ VICE-CHAIR & TREASURER 0.50 X X 0 0 0 LARRY R STESSEL SECRETARY 0.50 X X 0 0 0 CLAIRE W TUCKER IMMEDIATE PAST CHAIR 0.50 X X 0 0 0 JOHN E CODY BOARD MEMBER 0.50 X 0 0 0 BARBARA T BOVENDER BOARD MEMBER 0.50 X 0 0 0 ANSEL L DAVIS BOARD MEMBER 0.50 X 0 0 0 EMANUEL J EADS BOARD MEMBER 0.50 X 0 0 0 ROD ESSIG BOARD MEMBER 0.50 X 0 0 0 MARTHA R INGRAM BOARD MEMBER 0.50 X 0 0 0 CHRISTINE KARBOWIAK BOARD MEMBER 0.50 X 0 0 0 ANDREW TAVI BOARD MEMBER 0.50 X 0 0 0 DR PHILIP WENK BOARD MEMBER 0.50 X 0 0 0 UZI YEMIN BOARD MEMBER 0.50 X 0 0 0 BETH COURTNEY BOARD MEMBER 0.50 X 0 0 0 EDDIE GEORGE BOARD MEMBER 0.50 X 0 0 0 J REGINALD HILL BOARD MEMBER 0.50 X 0 0 0 MARTHA IVESTER BOARD MEMBER 0.50 X 0 0 0 DR NOLA JONES BOARD MEMBER 0.50 X 0 0 0 TRACY KANE BOARD MEMBER 0.50 X 0 0 0 BILL LYNCH BOARD MEMBER 0.50 X 0 0 0 MELVIN MALONE BOARD MEMBER 0.50 X 0 0 0 MARCUS MCKAMEY BOARD MEMBER 0.50 X 0 0 0 SHERRI NEAL BOARD MEMBER 0.50 X 0 0 0 NATHAN POSS BOARD MEMBER 0.50 X 0 0 0 RHONDA TAYLOR BOARD MEMBER 0.50 X 0 0 0 GAIL WILLIAMS BOARD MEMBER 0.50 X 0 0 0 KATHLEEN O'BRIEN PRESIDENT & CEO 40.00 X 271103 0 52951 BRENT HYAMS EXEC. VP & GENERAL MANAGER 40.00 X 127771 0 11234 SUSAN SANDERS EXEC. VP OF INSTIUTIONAL ADVANCEMENT 40.00 X 67198 0 10961 JULIE GILLEN CFO 40.00 X 130469 0 5230 ROBERTA CIUFFO EXEC. VP OF EDUCATION & OUTREACH 40.00 X 114399 0 7715 710940 0 88091 4 0 1 0 PHANTOM TOURING LLC 7135 MINSTREL WAY SUITE 105 COLUMBIA MD 21045 PRODUCER 1591737 NASHVILLE BALLET 3630 REDMON STREET NASHVILLE TN 37209 TENANT 770954 NASHVILLE TALENT PAYMENT 5111 PRINCE PHILLIP COVE BRENTWOOD TN 37027 UNION 629818 BTB TOURING COMPANY LLC 7135 MINSTREL WAY SUITE 105 COLUMBIA MD 21045 PRODUCER 490128 MOTOWN THE MUSICAL TOUR LLC 230 WEST 41ST STREET SUITE 1703 NEW YORK NY 10036 PRODUCER 480498 26 309950 831033 546000 1247386 302632 2934369 TICKET SALES 711110 10195324 10195324 TICKET SERVICE CHG/FEES 711110 3235646 3235646 REIMBURSEMENTS 711110 1169782 1169782 SPONSORSHIPS 541800 1500 0 1500 14602252 58 58 616995 126672 0 134216 616995 -7544 609451 616995 -7544 3000 6910 -3910 -3910 -3910 30520 309950 90368 -59848 -59848 1276943 335792 941151 941151 SALES TAX REBATE 711110 772464 772464 OTHER INCOME 711110 172511 172511 BARTER INCOME 711110 57007 57007 1001982 20025505 17160880 -6044 -63700 714025 42851 500333 170841 4513262 3489071 849468 174723 90242 90242 423862 272757 138577 12528 381025 267606 91475 21944 88742 9403 79339 2028 2028 42574 42574 180056 93128 76932 9996 1167534 1162103 5269 162 641847 500993 123952 16902 98653 49327 49326 67896 42942 21411 3543 9337 3841 5496 504406 277625 223336 3445 143290 26922 116368 ARTIST FEES 6462811 6462811 0 0 CONTRACT LABOR 1348692 1348300 0 392 REPAIRS & MAINTENANCE 450838 417398 33440 0 PRODUCTION COSTS 375709 375709 0 0 1046454 827742 176144 42568 18753283 15670529 2576384 506370 21377 23120 6627860 7686402 208257 236880 249103 298254 35697 30957 259516 343486 9501530 4571487 4520636 4930043 163520 206810 96852 49566 12182818 13805518 867686 1197891 3301937 3165764 730140 950989 260164 198821 5159927 5513465 X 6634584 7880697 388307 411356 7022891 8292053 12182818 13805518 1272222 -3060 0 X X 0 1 X 1 0 X 2755482 2611630 2546254 3199545 2934369 14047280 12402275 13056620 17224427 12451065 16525210 71659597 15157757 15668250 19770681 15650610 19459579 85706877 54995 157336 47052 80200 70100 409683 0 54995 157336 47052 80200 70100 409683 85297194 127 79 43 43 58 350 20235 98123 149329 104458 128172 500317 20362 98202 149372 104501 128230 500667 531977 734165 1070709 797379 1001982 4136212 15710096 16500617 20990762 16552490 20589791 90343756 0.94410 0.95260 0.00550 0.00480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4925138 2091568 2833570 4084968 2479919 1605049 491424 491424 4930043 DEPOSITS AND OTHER 198821 198821 X 21352323 765592 -3060 762532 20589791 -564286 -564286 20025505 20083161 765592 564286 1329878 18753283 0 18753283 PART X, LINE 2: MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISION INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FMV OF INVESTMENTS -3,060. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES -90,368. UNRELATED BUSINESS INCOME - RENTAL EXPENSES -134,216. LOSS ON DISPOSAL OF EQUIPMENT -3,910. CONCESSION SUPPLIES EXPENSE -335,792. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 90,368. UNRELATED BUSINESS INCOME - RENTAL EXPENSES 134,216. LOSS ON DISPOSAL OF EQUIPMENT 3,910. CONCESSION SUPPLIES EXPENSE 335,792. TPAC GALA FY 2016 160920 130400 30520 35198 8940 46230 TPAC GALA FY 2017 179550 179550 340470 309950 30520 35198 8940 46230 90368 -59848 X X X X 0 1 0 0 0 0 0 0 0 KATHLEEN O'BRIEN PRESIDENT & CEO 237029 0 33750 0 324 0 45000 0 7951 0 324054 0 0 0 PART I, LINE 4B TENNESSEE PERFORMING ARTS CENTER ENTERED INTO AN EMPLOYMENT AGREEMENT WITH KATHLEEN W. O'BRIEN, CEO, TO PROVIDE A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN THAT INCLUDES DEFERRED COMPENSATION DESCRIBED IN CODE SECTIONS 457(B) AND 457(F). THIS NON-QUALIFIED PLAN IS COMMONLY KNOWN AS A RABBI TRUST. X 16 44469 COST OF DONATED PROPERTY X FIXED ASSET 1 220000 COST OF DONATED PROP X DONATED LIQUOR 3 17385 COST OF DONATED PROP X EVENT TICKETS 150 12606 COST OF DONATED PROP X EQUIPMENT RENTAL 2 6872 COST OF DONATED PROP X MISCELLANEOUS 2 1300 COST OF DONATED PROP 0 0 0 PART I, COLUMN (B): PART I, COLUMN (B) IS REPORTED USING THE NUMBER OF CONTRIBUTORS OR AN ESTIMATED NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING ORGANIZATIONS AND INDIVIDUALS HAVE THE ABILITY TO APPOINT TPAC'S GOVERNING BODY: THE TENNESSEE PERFORMING ARTS FOUNDATION - 8 POSITIONS THE TENNESSEE GOVERNOR - 5 POSITIONS TENNESSEE'S EDUCATION COMMISSIONER - 1 POSITION THE TENNESSEE ARTS COMMISSION - 6 POSITIONS THE TENNESSEE PERFORMING ARTS CENTER - 8 POSITIONS FORM 990, PART VI, SECTION B, LINE 11 UPON COMPLETION OF FORM 990 BY THE EXTERNAL AUDITORS FOR TENNESSEE PERFORMING ARTS CENTER, IT WILL BE REVIEWED BY EITHER THE CFO OR DESIGNATED FINANCE DEPARTMENT STAFF MEMBERS AND THEN A REVIEW MEETING IS HELD THAT INCLUDES THE TPAC CEO, CFO, KEY FINANCE DEPARTMENT STAFF, EXTERNAL AUDIT TAX PREPARER, AUDIT COMMITTEE CHAIR AND/OR BOARD TREASURER. APPROPRIATE CHANGES MAY BE MADE AT ANY POINT IN THE REVIEW PROCESS PRIOR TO FILING FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TPAC HAS A CONFLICT OF INTEREST POLICY FOR ITS EMPLOYEES AND ALSO A CONFLICT OF INTEREST POLICY FOR ITS BOARD MEMBERS. THE POLICY FOR EMPLOYEES IS IN THE HUMAN RESOURCES MANUAL THAT EACH EMPLOYEE HAS ACCESS TO UPON HIRE. THE FOCUS IS ON THE EMPLOYEE TO SCRUPULOUSLY AVOID ANY CONFLICT BETWEEN THEIR OWN RESPECTIVE INTERESTS AND THE INTERESTS OF TPAC. IF TPAC BECOMES AWARE OF A VIOLATION, IT IS INVESTIGATED AND THE PROPER DISCIPLINARY ACTION WILL BE TAKEN. THE POLICY FOR BOARD OF DIRECTORS IS IN THE BOARD ORIENTATION BOOK AND ALSO INCLUDED IN THE BOOK THEY USE AT EVERY BOARD LEVEL MEETING. EACH FISCAL YEAR, ALL BOARD OF DIRECTORS ARE ASKED TO SIGN THE CONFLICT OF INTEREST POLICY AND THOSE FORMS ARE KEPT ON FILE. FORM 990, PART VI, SECTION B, LINE 15 TPAC'S BOARD OF DIRECTORS HIRES THE ORGANIZATION'S CEO AND NEGOTIATES SUBSEQUENT EMPLOYMENT CONTRACTS. THE BOARD CHAIRMAN'S PROCESS FOR DETERMINING COMPENSATION FOR THE CEO IS BASED ON MULTIPLE CRITERIA: HISTORICAL SALARY RANGE FOR THE POSITION, SALARY SURVEY INFORMATION COMPILED ANNUALLY BY A RESEARCH FIRM FOR OUR SPECIFIC INDUSTRY (PACC - PEFORMING ARTS CENTER CONSORTIUM) AND AVAILABLE BUDGETARY RESTRAINTS. OTHER OFFICER COMPENSATION IS HANDLED SIMILARLY BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 TPAC'S GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION. PURSUANT TO TENN CODE ANN SECTION 8-44-107, THE ACTIVITIES OF THE BOARD ARE OPEN TO THE PUBLIC AS IF IT WERE A GOVERNMENTAL AGENCY. SEE BELOW: 8-44-107. BOARD OF DIRECTORS OF PERFORMING ARTS CENTER MANAGEMENT CORPORATION - THE BOARD OF DIRECTORS OF THE TENNESSEE PERFORMING ARTS CENTER MANAGEMENT CORPORATION SHALL BE SUBJECT TO, AND SHALL IN ALL RESPECTS COMPLY WITH, ALL OF THE PROVISIONS MADE APPLICABLE TO GOVERNING BODIES BY THIS CHAPTER [OPEN MEETINGS LAW]. TPAC'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE AT WWW.GIVINGMATTERS.ORG. TPAC'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 2C THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION PROCESS OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. TENNESSEE PERFORMING ARTS FOUNDATION 505 DEADERICK STREET NASHVILLE TN 37243 237272205 ENDOWMENT MGMT TO PROVIDE INCOME TO HELP DEFRAY THE OPERATING COSTS OF TPAC TN 501(C)(3) 509(A)(3) N/A 0 NASHVILLE INSTITUTE FOR THE ARTS 505 DEADERICK STREET NASHVILLE TN 37243 581387884 TN 501(C)(3) 509(A)(3) N/A 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TENNESSEE PERFORMING ARTS FOUNDATION C 831033 CASH