2016-01-15T12:28:06-06:00 2015-06-30 SMITH & HOWARD PC 271 17TH STREET SUITE 1600 ATLANTA GA 30363 990 2014-07-01 131240132 FOX THEATRE INC F/K/A ATLANTA LANDMARKS INC % JEFF QUESENBERRY FOXT 4048812109 660 PEACHTREE STREET NE ATLANTA GA 30308 JEFF QUESENBERRY OFFICER 4048812109 2015-02-15 true MARC AZAR P00746804 4048746244 2015-02-15 2014 2016-04-25 22:37:26Z ALLAN VELLA PRESIDENT CEO 660 PEACHTREE STREETNE ATLANTA GA 30308 33799214 false X www.foxtheatre.org X 1974 GA To preserve and share the Fox Theatre 14 14 518 1200 0 310432 660318 11894177 14017087 1171622 1335637 2869546 3336600 16245777 19349642 0 0 0 0 6630743 6770409 0 0 110658 6773446 7904365 13404189 14674774 2841588 4674868 36832792 42031066 3788868 4989536 33043924 37041530 X TO PRESERVE AND SHARE THE FOX THEATRE false false 12090783 17077219 Atlanta's Fox Theatre is a world-renowned concert and event venue like no other. Conceived as the headquarters for the Atlanta Shriner's organization in 1928, the building was designed to evoke the mystery and magic of the ancient Near East. Spanish palaces and Egyptian temples influenced the building's elaborate and intensely ornate design which features soaring domes, sweeping archways, stunning gold leaf, and sumptuous interior details including a vast cobalt "sky" with a sea of twinkling stars. The building was completed by movie mogul William Fox in 1929 and flourished as Atlanta's premiere movie palace until 1932, when the economic impact of the Great Depression forced Fox and the theatre into bankruptcy. The Atlanta icon was purchased at auction for a fraction of its original cost and remained in high demand for the next three decades, showing hundreds of acclaimed films and hosting live performances from legendary entertainers. Despite the Fox's success, landmark movie palaces had begun to fall out of favor in the 1960s as customers migrated to the suburbs. In 1974, the Fox Theatre closed its doors, and the stunning landmark, beloved for generations, was suddenly facing demolition. Confronted with the possibility of losing the iconic building, the residents of Atlanta sprang into action. They formed a non-profit called Atlanta Landmarks and launched the now-legendary "Save the Fox" campaign, which raised funds to save the building from demolition. Atlanta Landmarks (now called Fox Theatre, Inc.) continues to run the theatre today, making it one of an elite group of not-for-profit theatres in the country committed to making performance art accessible to everyone. Each year, the award-winning theatre hosts more than 250 shows and welcomes half a million visitors to experience the best in Broadway, concerts, ballet, comedy and film. In the past decade, the Fox has been widely recognized by industry leaders for excellence in arts and entertainment, preservation and arts education. It was nominated for Theatre of the Year by Billboard and Pollstar Magazines, and awarded the Outstanding Historic Theatre of the Year award in 2011 by the League of Historic American Theatres. The Fabulous Fox was most recently given the distinction by Rolling Stone Magazine as one of "The Best Big Rooms in America". For the past decade, The Fox Theatre has been consistently ranked in the top three theatres in North America for gross ticket sales, making it clear that this Atlanta icon will be making memories for generations to come. 813255 43442 The Fox Theatre Institute (FTI) is an award winning outreach program offering historic preservation and operations expertise, consultation and education to performing arts venues in Georgia and the region. Created by Atlanta's fabulous Fox Theatre - an iconic attraction widely applauded for being a catalyst for positive change in the community - FTI pays it forward, helping other cultural institutions renew, reinvigorate and restore artistic vitality in their respective communities. In keeping environmental and economic impact top of mind, FTI offers the financial assistance, restoration support, and operations mentoring needed to leverage scarce resources and stimulate local economies. FTI was founded in 2008 in response to a statewide need for assistance with the restoration and operation of Georgia's historic theatres. During its brief history, FTI has become an indispensable resource for historic theatres throughout the state, fulfilling the Fox Theatre's vision to share its experience in historic preservation and theatre operations with others. At a time when preservation and arts agencies are experiencing budget cutbacks, FTI is filling a community need by awarding grants and providing support to these community landmarks. In short, FTI is revitalizing Georgia's communities, one theatre at a time. As part of this outreach program and to help future generations understand the importance of such historical performing art venues such as the Fox Theatre, FTI has created the "Fox in a Box." An interactive school exhibit that focuses on how important events in the Fox Theatre's timeline intersect with key classroom lessons, from American history and the Civil Rights Movement to economics and the importance of communities. Elementary students are then challenged to think about how communities can come together to share an experience and to protect what's important to them. 12904038 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false true false false false false false false false false false false false true 131 0 true 518 true false false false false false true true false false false false X 14 14 false false false false false false false true true false false true true true true true true true false false GA X JEFF QUESENBERRY 4048812109 660 PEACHTREE STREET NE ATLANTA GA 30308 X Edward L White Chairman 5.0 0.0 X 0 0 0 Keith O Cowan Vice Chairman 5.0 0.0 X 0 0 0 Clara Hayley Axam Trustee/Director 5.0 0.0 X 0 0 0 Robin Rieser Barkin Trustee/Director 5.0 0.0 X 0 0 0 Tony Aeck Trustee/Director 5.0 0.0 X 0 0 0 Beauchamp C Carr Trustee/Director 5.0 0.0 X 0 0 0 Renee Dye Trustee/Director 5.0 0.0 X 0 0 0 Sheffield Hale Trustee/Director 5.0 0.0 X 0 0 0 John R Holder Trustee/Director 5.0 0.0 X 0 0 0 Edward Hutchison Trustee/Director 5.0 0.0 X 0 0 0 Walter R Huntley Jr Trustee/Director 5.0 0.0 X 0 0 0 Craig B Jones Trustee/Director 5.0 0.0 X 0 0 0 Jay Myers Trustee/Director 5.0 0.0 X 0 0 0 Glenn J Romm Trustee/Director 5.0 0.0 X 0 0 0 Allan C Vella President & CEO 40.0 0.0 X 397653 0 41759 Jeffery L Quesenberry Vice President & CFO 40.0 0.0 X 129498 0 26054 Adina Alford Erwin Vice President & GM 40.0 0.0 X 164084 0 29235 Shelly Kleppsattel Secretary 40.0 0.0 X 77969 0 13613 Leonard A Tucker Project Manager 40.0 0.0 X 113539 0 10652 Joe G Patten Past Director 5.0 0.0 X 17500 0 0 900243 0 121313 4 true true false ALLIED INTERNATIONAL CLEANING SERVI 3635 Peachtree Industrial Blvd DULUTH GA 30096 CLEANING SERVICES 480301 MARKETING INSPIRATIONS 2727 PACES FERRY ROAD SE SUITE 450 ATLANTA GA 30339 ADVERTISING/PUB.RELA 197219 PACIOLAN INC 5171 CALIFORNIA AVE 200 IRVINE CA 92617 TICKET SYS. PROVIDER 577689 MCKENNEYS 1056 MORELAND INDUSTRIAL BLVD ATLANTA GA 30316 HVAC & PLUMBING 237176 LANIER PARKING SYSTEMS 233 PEACHTREE STREET NE ATLANTA GA 30303 PARKING PROVIDER 377833 11 X 27257 633061 660318 THEATRE & BALLROOM RENTAL 531120 5617557 5617557 RESTORATION FEES 711110 1468542 1468542 TICKETS & HANDLING FEES 711110 5932340 5932340 FOX PROMOTIONS 711110 866186 866186 TUITION/ MEMBERSHIP 711110 132462 132462 14017087 188522 188522 0 0 139982 139982 0 139982 139982 14224914 761578 13077999 761378 1146915 200 1147115 1147115 0 0 3713769 610195 3103574 3103574 MISCELLANEOUS REVENUE 900099 93044 93044 93044 19349642 14017087 4672237 0 0 0 0 863018 724935 129453 8630 0 4524485 3800567 678673 45245 168321 141390 25248 1683 727071 610739 109061 7271 487514 409512 73127 4875 43900 36876 6585 439 74789 62823 11218 748 48508 40747 7276 485 0 0 90335 75882 13550 903 6154 5169 923 62 375130 375130 68680 57691 10302 687 26779 22494 4017 268 0 1465701 1231189 219855 14657 50888 42746 7633 509 0 63501 53341 9525 635 0 0 1528041 1283387 229376 15278 319208 268135 47881 3192 PERFORMANCE RELATED FEES 3233586 3233586 SUPPLIES 388544 326377 58282 3885 BANK CHARGES 120621 101322 18093 1206 14674774 12904038 1660078 110658 3945686 4333905 2192496 3158400 0 0 279985 135220 0 0 0 0 0 0 144447 138589 306596 635580 35690293 16506172 19641467 19184121 10289773 14386159 0 0 0 0 0 0 32342 59092 36832792 42031066 1113633 1451978 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2675235 3537558 3788868 4989536 X 33043924 37041530 0 0 0 0 33043924 37041530 36832792 42031066 4674868 -677262 X false true X true false X 523400 291840 325846 310432 610318 2061836 11631607 12662985 13058150 14644719 17217525 69214986 0 0 0 12155007 12954825 13383996 14955151 17827843 71276822 498400 272920 240500 253890 454800 1720510 0 498400 272920 240500 253890 454800 1720510 69556312 418967 367048 291830 270644 328504 1676993 0 418967 367048 291830 270644 328504 1676993 0 131141 140062 425881 465306 656375 1818765 12705115 13461935 14101707 15691101 18812722 74772580 0.93024 0.93149 0.02243 0.02968 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1410041 1410041 30106990 14155568 15951422 4173262 2350604 1822658 0 0 0 19184121 0 BOX OFFICE & OTHER DEPOSITS 3537558 3537558 X 19376039 -677262 184000 610195 116933 19259106 90336 200 90536 19349642 15378433 184000 610195 794195 14584238 90336 200 90536 14674774 ASC 740 FOOTNOTE No provision is made for federal or state income taxes since the Organization is exempt from federal income taxes under Section 501(a) as an organization described in Section 501 (c)(3) of the Internal Revenue Code of 1986, as amended, and is exempt from state income taxes under Section 48-7-25(a) of the Georgia Revenue Code. The Organization annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Organization takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the Organization is subject to examination by the federal and state taxing authorities. In general, the Organization is no longer subject to tax examinations for the tax years ending before June 30, 2012. AMOUNTS NOT INCLUDED ON LINE 1 BUT ON FORM 990, PART VIII, LINE 10B COST OF GOODS SOLD $ 610,195 AMOUNTS INCLUDED ON FORM 990, PART VIII BUT NOT INCLUDED ON LINE 1 GAIN ON SALE OF ASSETS $ 200 OTHER AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART IX, LINE 25 COST OF GOODS SOLD $ 610,195 OTHER AMOUNTS INCLUDED ON FORM 990, PART IX BUT NOT ON LINE 1 GAIN ON SALE OF ASSETS $ 200 X X X X X X false true false false false true false true false Allan C Vella President & CEO 220556 0 175727 0 1370 0 13500 0 31766 0 442919 0 0 0 Jeffery L Quesenberry Vice President & CFO 112248 0 17250 0 0 0 7935 0 22023 0 159456 0 0 0 Adina Alford Erwin Vice President & GM 141584 0 22500 0 0 0 10350 0 21914 0 196348 0 0 0 Joe G Patten Past Director 0 0 0 0 17500 0 0 0 0 0 17500 0 0 0 SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PRESIDENT/CEO MAY RECEIVE A NONQUALIFIED 457(F) CONTRIBUTION BASED UPON ACHIEVING CERTAIN LONG TERM STRATEGIC GOALS. NON-FIXED PAYMENTS PRESIDENT/CEO MAY RECEIVE A BONUS BASED ON THE NET INCOME FROM THE FOX THEATRE OPERATING DIVISION. SENIOR MANAGEMENT MAY RECEIVE A BONUS BASED ON THE INCOME FROM THE FOX THEATRE OPERATING DIVISION. JOE G PATTEN former TRUSTEE/DIRECTOR 17500 COMPENSATION false FORM 990, PART VI, LINE 11B TAX RETURN IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM FROM THE AUDITED FINANCIAL STATEMENTS. THE RETURN IS REVIEWED BY THE AUDIT & COMPENSATION COMMITTEE AND SENIOR MANAGEMENT PRIOR TO FILING WITH THE IRS. IN ADDITION, A COPY OF THE RETURN IS ELECTRONICALLY SENT TO ALL BOARD MEMBERS BEFORE THE RETURN IS FILED. FORM 990, PART VI, LINE 12C MEMBERS OF THE ORGANIZATION'S BOARD OF TRUSTEES AND SENIOR MANAGEMENT MAY, FROM TIME TO TIME, BE ASSOCIATED, EITHER DIRECTLY OR INDIRECTLY, WITH COMPANIES DOING BUSINESS WITH THE ORGANIZATION. FOR SENIOR MANAGEMENT, THE ORGANIZATION REQUIRES ANNUAL DISCLOSURE OF SIGNIFICANT FINANCIAL INTERESTS IN, OR EMPLOYMENT OR CONSULTING RELATIONSHIPS WITH, ENTITIES DOING BUSINESS WITH THE THEATRE. WHEN SUCH RELATIONSHIPS EXIST, MEASURES ARE TAKEN TO APPROPRIATELY MANAGE THE ACTUAL OR PERCEIVED CONFLICT IN THE BEST INTERESTS OF THE ORGANIZATION. THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES, AMONG OTHER THINGS, THAT NO MEMBER OF THE BOARD OF TRUSTEES CAN PARTICIPATE IN ANY DECISION IN WHICH HE OR SHE HAS MATERIAL FINANCIAL INTEREST. EACH TRUSTEE IS REQUIRED TO CERTIFY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND INDICATE WHETHER THE THEATRE DOES BUSINESS WITH AN ENTITY IN WHICH A TRUSTEE HAS MATERIAL FINANCIAL INTEREST. WHEN SUCH RELATIONSHIPS EXIST, MEASURES ARE TAKEN TO MITIGATE ANY ACTUAL OR PERCEIVED CONFLICT, INCLUDING REQUIRING THAT SUCH TRANSACTIONS BE CONDUCTED AT ARM'S LENGTH, FOR GOOD AND SUFFICIENT CONSIDERATION, BASED ON TERMS THAT ARE FAIR AND REASONABLE TO AND FOR BENEFIT OF THE ORGANIZATION, AND IN ACCORDANCE WITH APPLICABLE CONFLICT INTEREST LAWS. NO SUCH ASSOCIATIONS ARE CONSIDERED TO BE SIGNIFICANT. FORM 990, PART VI, LINE 15 COMPENSATION OF THE PRESIDENT/CEO IS REVIEWED EVERY THREE YEARS. THE COMPENSATION OF THE OTHER KEY EMPLOYEES IS REVIEWED EVERY THREE YEARS USING INFORMATION PROVIDED BY THE INTERNATIONAL ASSOCIATION OF VENUE MANAGERS AND COMPARABLE ORGANIZATIONS PROVIDED BY GUIDESTAR. AN OUTSIDE PLACEMENT COMPANY IS USED TO REVIEW COMPENSATION. THE CURRENT PRESIDENT/CEO'S SALARY REVIEW WAS DONE IN 2009 AND REVIEWED AGAIN IN 2012. AN OUTSIDE CONSULTING FIRM IS USED TO REVIEW THE PAY OF ALL FULL-TIME EMPLOYEES IN MID 2013 - THE HAY GROUP. THIS IS DONE AT SENIOR MANAGEMENT'S DISCRETION. FORM 990, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO BE REVIEWED ON SITE. FORM 990, PART VII A FORMER BOARD MEMBER OCCUPIES PREVIOUSLY UNUSED SPACE IN THE FACILITY UNDER A LEASE AGREEMENT DATED 12/28/1979 BETWEEN THAT INDIVIDUAL AND THE ORGANIZATION. THE OCCUPANCY UNDER THE TERMS OF THE LEASE IS FOR THE LIFE OF THE FORMER BOARD MEMBER. UNDER THE LEASE, RENT WAS ESTABLISHED AND PAID IN THE FORM OF IMPROVEMENTS TO THE SPACE COSTING NOT LESS THAN $50,000. THE PERIOD FOR REIMBURSEMENT TO THE FORMER BOARD MEMBER IN THE EVENT OF TERMINATION, 15 YEARS, HAS EXPIRED. THE IMPROVEMENTS BECOME THE PROPERTY OF THE ORGANIZATION UPON THE FORMER BOARD MEMBER'S DEATH OR TERMINATION OF THE LEASE. THERE WAS NO APPRAISAL OBTAINED AT THAT TIME, HOWEVER IT DOES NOT SEEM UNREASONABLE THAT THIS AGREEMENT WAS ENTERED INTO AT ARMS LENGTH AND WAS FAIR MARKET VALUE AT THE TIME.