2016-07-06T16:38:23-05:00 2015-08-31 COHNREZNICK LLP 400 CAPITOL MALL SUITE 900 SACRAMENTO CA 958144424 990 2014-09-01 954467830 WALLIS ANNENBERG CENTER FOR THE PERFORMING ARTS % LINDA ROSS C/O WACPA WALL 3102463800 9390 NORTH SANTA MONICA BLVD BEVERLY HILLS CA 90210 SIGNING OFFICER SIGNING OFFICER 9164429100 2016-06-30 true LAURA WILDER CPA P00541441 9164429100 2014 2016-09-27 15:27:22Z RACHEL FINE 12131890 false X WWW.THEWALLIS.ORG X 1994 CA SEE SCHEDULE O 32 32 200 0 0 27742991 7812209 0 2841990 11556 51210 12315845 902753 40070392 11608162 0 0 0 0 2884647 3711590 0 0 960401 8145495 8654714 11030142 12366304 29040250 -758142 94341452 91031362 16794031 14437427 77547421 76593935 X SEE SCHEDULE O true false 9080987 2841990 The Wallis' first full season of public performances at the Goldsmith and Lovelace theaters welcomed 44,000 ticket buyers and consisted of plays and musicals from renowned local, national and international theaters; classical orchestral and chamber music including solo performances, jazz and a cabaret series; an international roster of award-winning and eclectic dance ensembles; and a discussion series on culture, literature and politics. Highlights of the season included music from Wynton Marsalis, pianist Igor Levit, and Patti LuPone; a co-production of the musical SPRING AWAKENING with Deaf West Theatre (performed simultaneously in English and American Sign Language); as well as DanceBrazil and Les Ballets Jazz de Montral. The Wallis venues are fully accessible with elevators to all seating levels, accessible restrooms and parking, and hearing loop technology for individuals who use hearing aids or cochlear implant devices 636428 388165 During the year, 600 families attended the Theater for Young Audiences series; presenting thought-provoking and highly-creative theater pieces that are meaningful to young people and families. Pre-show artistic activities help children and families explore the themes of the performance. A special matinee series provided tickets and transportation for 6,500 underserved K-12 students from the Greater Los Angeles Area, as well as teacher study guides. The Wallis also welcomed more than 1,700 people from community service agencies who attended free performances through our Community Partners outreach program. They represent individuals frequently left out of performing arts experiences due to barriers such as cost, transportation, health concerns, and lack of information or a sense of not being welcome. 9717415 true true false false false false false true false true true false false true true false false true false false false false false true true false false false false true false false false false false false false true true false false false false true false false true 104 0 true 200 true false false false false false true true false false false X 32 32 true false false false false false false true true false false true true true true true true true true false CA X LINDA ROSS CO WACPA 3102463800 9390 NORTH SANTA MONICA BLVD BEVERLY HILLS CA 90210 X JERRY MAGNIN CHAIRMAN 5.0 X X 0 0 0 RICHARD ROSENZWEIG VICE CHAIR 5.0 X X 0 0 0 VICKI REYNOLDS VICE CHAIR 5.0 X X 0 0 0 ARNOLD ROSENSTEIN VICE CHAIR 5.0 X X 0 0 0 RONALD D ROSEN SECRETARY 5.0 X X 0 0 0 LES BIDER TREASURER 5.0 X X 0 0 0 JOHN BENDHEIM BOARD MEMBER 1.0 X 0 0 0 EUNICE DAVID BOARD MEMBER 1.0 X 0 0 0 SHARON DAVIS BOARD MEMBER 1.0 X 0 0 0 DONNA ELLMAN GARBER BOARD MEMBER 1.0 X 0 0 0 MERALEE GOLDMAN BOARD MEMBER 1.0 X 0 0 0 BRAM GOLDSMITH BOARD MEMBER 1.0 X 0 0 0 BRUCE GOLDSMITH BOARD MEMBER 1.0 X 0 0 0 LINDA MAY BOARD MEMBER 1.0 X 0 0 0 ARIELA SHANI BOARD MEMBER 1.0 X 0 0 0 LUANNE WELLS BOARD MEMBER 1.0 X 0 0 0 WALLIS ANNENBERG BOARD MEMBER 1.0 X 0 0 0 FRED HAYMAN BOARD MEMBER 1.0 X 0 0 0 LAUREN LEICHTMAN BOARD MEMBER 1.0 X 0 0 0 SUSAN STRAUSS ASSIST SECRETARY 5.0 X X 0 0 0 JONATHAN VICTOR ASSIST SECRETARY 5.0 X X 0 0 0 CAROL GOLDSMITH BOARD MEMBER 1.0 X 0 0 0 CINNY KENNARD BOARD MEMBER 1.0 X 0 0 0 LAURIE KONHEIM BOARD MEMBER 1.0 X 0 0 0 KRIS LEVINE BOARD MEMBER 1.0 X 0 0 0 PAUL SELWYN BOARD MEMBER 1.0 X 0 0 0 MARK SELWYN BOARD MEMBER 1.0 X 0 0 0 DEBBIE ALLEN BOARD MEMBER 1.0 X 0 0 0 JAMIE MCCOURT BOARD MEMBER 1.0 X 0 0 0 JACQUELINE AVANT BOARD MEMBER 1.0 X 0 0 0 STEVE GHYSELS BOARD MEMBER 1.0 X 0 0 0 ARNON ADAR BOARD MEMBER 1.0 X 0 0 0 TANIA CAMARGO MANAGING DIRECTOR 40.0 X 118654 5836 JAMES D'ASARO INTERIM PRODUCING DIRECTOR 40.0 X 109615 11337 RICKA FISHER DEVELOPMENT DIRECTOR 40.0 X 102996 10181 PATTI WOLFF INTERIM PROGRAMMING DIRECTOR 40.0 X 96442 5761 LOU MOORE EXECUTIVE DIRECTOR 40.0 X 310763 10868 738470 0 43983 4 true true false SAVANT PRODUCTIONS INC 3526 OCEAN VIEW BLVD GLENDALE CA 91208 ARTISTS/PERFORMERS 350013 SCENIC HIGHLIGHTS 11759 SHELDON STREET SUN VALLEY CA 91352 SCENERY CONSTRUCTION 114415 2 7812209 134800 7812209 TICKET SALES 711190 2841990 2841990 2841990 51210 51210 0 0 478755 478755 0 478755 478755 0 559561 523728 35833 35833 0 0 OTHER INCOME 900099 388165 388165 388165 11608162 3230155 565798 0 0 0 0 310763 237449 73314 0 2428834 1707490 401296 320048 112016 112016 582761 507097 47861 27803 277216 181924 67310 27982 0 39599 39599 28739 28739 0 0 0 309507 267325 23601 18581 1406642 1406642 209606 150435 50764 8407 28125 28125 0 2519819 1688654 436837 394328 552935 537815 9961 5159 0 2073 2073 268306 214645 40246 13415 0 53947 37763 13487 2697 5606 5606 PRODUCTION 714706 714706 GIFT SHOP 33033 33033 PUBLIC RELATIONS 89687 89687 SPECIAL EVENTS 56371 43748 1265 11358 2336013 1784913 420477 130623 12366304 9717415 1688488 960401 527947 3195688 0 0 14989597 10202964 0 0 0 0 0 0 0 0 0 0 536054 545176 748371 117553 362253 630818 65243643 65288191 0 0 0 0 0 0 12681958 11168525 94341452 91031362 922667 929830 0 0 98029 1287878 0 0 0 0 0 0 15573939 11439697 0 0 199396 780022 16794031 14437427 X 58662225 62672567 15385196 10421368 3500000 3500000 77547421 76593935 94341452 91031362 -758142 -195344 X false true X true false X 2660804 8126823 4221701 23824536 7812209 46646073 0 0 2660804 8126823 4221701 23824536 7812209 46646073 16951726 29694347 19212 6198 11417 11556 51210 99593 0 0 46745666 0.63523 0.73320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 365150 X false 3895599 51141 228336 3718404 3744538 354297 203236 3895599 3621972 122566 3744538 3365099 272846 -15973 3621972 3059134 149254 156711 3365099 0.00000 0.94130 0.05870 748371 117553 630818 630818 FINE ART COLLECTIONS 365150 ENDOWMENTS HELD IN TRUST 3679628 DEVELOPER FEE RECEIVABLE 7123747 11168525 0 RELATED PARTY PAYABLE 780022 780022 X SCHEDULE D, PART V, LINE 4 - INTENDED USES OF ENDOWMENT FUND: 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. THE THEATER AND WILL BE INCLUDED IN TEMPORARILY RESTRICTED NET ASSETS UNTIL THE ANNENBERG IS AN OPERATING PERFORMING ARTS AND CULTURAL FACILITY. SCHEDULE D, PART X, LINE 1 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 the accompanying consolidated financial statements. The Wallis has no unrecognized tax benefits at August 31, 2015. The Walliss Federal and state income tax returns prior to fiscal year 2012 and 2011, respectively, are closed. Management continually evaluates expiring statues of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. 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. X X X X X false LUNAR NEW YEAR 495301 372400 122901 517 121470 82637 477511 INTO THE WOODS 64260 59060 5200 29687 1000 46218 0 559561 431460 128101 517 151157 83637 523729 759040 -630939 X X X X false false false false false false false false false LOU MOORE EXECUTIVE DIRECTOR 140558 75000 95205 10868 321631 BRAM GOLDSMITH SEE PART V SEE DESCRIPTION BELOW false SCHEDULE L, PART IV, LINE 1, COLUMN B: CURRENT BOARD MEMBER, BRAM GOLDSMITH, IS THE CHAIR 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 VOUCHERS 1 134800 FMV false true false FORM 990, PART I & PART III, LINE 1 - ORGANIZATION MISSION: The Wallis Annenberg Center for the Performing Arts (The Wallis) is to create, present and celebrate unique performing arts events and educational programs that reflect the rich cultural diversity of our community. Located in Beverly Hills, California, The Wallis presents an annual subscription season of theater, music, dance, speakers, 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. The Wallis was incorporated as a not-for-profit 501(c)(3) organization in October 1994 to oversee the transformation of the historic Beverly Hills Post Office into a cultural center. Construction was completed in 2012 and The Wallis began public performances in 2013. FORM 990, PART III, LINE 2 - SIGNIFICANT PROGRAM SERVICES: The Wallis' first full season of public performances at the Goldsmith and Lovelace theaters welcomed 44,000 ticket buyers and consisted of plays and musicals from renowned local, national and international theaters; classical orchestral and chamber music including solo performances, jazz and a cabaret series; an international roster of award-winning and eclectic dance ensembles; and a discussion series on culture, literature and politics. Highlights of the season included music from Wynton Marsalis, pianist Igor Levit, and Patti LuPone; a co-production of the musical SPRING AWAKENING with Deaf West Theatre (performed simultaneously in English and American Sign Language); as well as DanceBrazil and Les Ballets Jazz de Montral. The Wallis venues are fully accessible with elevators to all seating levels, accessible restrooms and parking, and hearing loop technology for individuals who use hearing aids or cochlear implant devices. FORM 990, PART VI, LINE 2 - BUSINESS OR FAMILY RELATIONSHIP OF OFFICERS, DIRECTORS, ETC.: BOARD MEMBER BRAM GOLDSMITH AND BOARD MEMBER BRUCE GOLDSMITH HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS: Form 990 is prepared by an independent CPA and reviewed and approved by Management and the Audit Committee. Upon final approval, a copy is made available to the full Board of Directors. FORM 990, PART VI, LINE 12C - EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS: 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, LINE 15B - COMPENSATION REVIEW & APPROVAL PROCESS FOR OFFICERS & KEY EMPLOYEES: THE BOARD REVIEWS AND APPROVES NEW COMPENSATION OFFERINGS (INCLUDING SALARY AND BENEFITS) AND ANY CHANGES TO COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE 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. THESE PROCEDURES WILL BE APPLIED TO ALL OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE: FORMS 990 AND 1023 ARE AVAILABLE UPON REQUEST. FORM 990 ALSO BECOMES AVAILABLE UPON THE INTERNET AT GUIDESTAR.ORG. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO EXECUTIVE STAFF AND THE BOARD OF DIRECTORS - UPON REQUEST FROM THE GENERAL PUBLIC, THE ORGANIZATION WILL PROVIDE ACCESS TO THESE DOCUMENTS AS REQUIRED BY LAW. FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:ALL OTHER TOTAL EXPENSES:2336013 PROGRAM SERVICES:1784913 MANAGEMENT AND GENERAL:420477 FUNDRAISING:130623 BH PERFORMING ARTS MANAGER LLC 9390 NORTH SANTA MONICA BLVD BEVERLY HILLS CA 90210 462571465 R.E. MANAGEME CA WACPA C. CORP 672184 65294139 1.00000 false false false false true false false false false false false false false false false false false false false BH PERFORMING ARTS MANAGER LLC D 3760455 CASH