2016-03-23T12:28:51-05:00 2015-06-30 390974031 WEGNER CPAS LLP 2110 LUANN LN MADISON WI 537133074 990 2014-07-01 010645482 OVERTURE CENTER FOUNDATION INC OVER 6082584177 201 STATE ST MADISON WI 537032214 TED DEDEE PRESIDENT/CEO 6082584177 2016-03-22 1 GLENN MILLER CPA P00086726 6082744020 2014 2016-08-17 19:52:53Z TED DEDEE 201 STATE ST MADISON WI 537032214 15109075 0 X WWW.OVERTURECENTER.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. 24 24 312 500 610946 -2316 3470355 3745955 9252170 11358824 5894 4296 0 0 12728419 15109075 0 0 0 0 5911758 6137564 0 0 574090 6934228 8763434 12845986 14900998 -117567 208077 7528390 8865314 4911303 6032165 2617087 2833149 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 13026319 10747878 THE OVERTURE CENTER HOSTED HUNDREDS OF TICKETED EVENTS WITH OUR BOX OFFICE SELLING MORE THAN 289,000 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 109,000 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 196,000 PEOPLE SAW A FREE PERFORMANCE OR VISUAL EXHIBIT. THE PROGRAMS INCLUDED OVERTURE ONSTAGE THAT ATTRACTED ALMOST 27,000 ELEMENTARY AND HIGH SCHOOL STUDENTS TO DAYTIME PERFORMANCES DURING THE SCHOOL YEAR, KIDS IN THE ROTUNDA THAT ATTRACTED APPROXIMATELY 31,000 KIDS AND PARENTS TO FREE PERFORMANCES, AND COMMUNITY ARTS ACCESS THAT ATTRACTED APPROXIMATELY 10,000 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. 13026319 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 128 0 312 1 1 1 0 0 0 0 1 1 0 0 0 0 X 24 24 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 DIANNE CHRISTENSEN CHAIR 1.00 X X 0 0 0 CHARLES SAEMAN 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 BETTY HARRIS CUSTER DIRECTOR 1.00 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 ANNA BURISH 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 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 LISA VISCARDI DIRECTOR 1.00 X 0 0 0 TED DEDEE PRESIDENT/CEO 40.00 X 184782 0 19204 KEVIN SWEENEY CHIEF FINANCIAL OFFICER 40.00 X 53454 0 1514 JANE OBERDORF CHIEF FINANCIAL OFFICER 40.00 X 91526 0 18307 GLENDA NOEL-NEY VP OF ADVANCEMENT 40.00 X 113094 0 0 442856 0 39025 2 0 1 0 LATTER DAY TOUR LP 1501 BROADWAY STE 1614 NEW YORK NY 100365600 BOOK OF MORMON SETTLEMENT 762026 FRANK PRODUCTIONS INC 155 E WILSON ST STE 100 MADISON WI 537033489 PROMOTER SHOW SETTLEMENTS 740627 MAMMA MIA WLP TOURING LLC 42 MAPLE ST STE 2 SUMMIT NJ 079016503 MAMMA MIA SETTLEMENT 480398 JOSEPH ON TOUR LLC 818 W DIAMOND AVE STE 250 GAITHERSBURG MD 208781417 JOSEPH & THE AMAZING TECHNICOLOR DREAMCO 449339 KEY BRAND THEATRICAL GROUP INC 729 7TH AVE FL 6 NEW YORK NY 100196946 BROADWAY SETTLEMENTS 436345 19 1675000 2070955 155315 3745955 TICKET SALES AND FEES 711310 8530316 8530316 FACILITY RENTALS AND SERVICES 531120 1957325 1523090 434235 OTHER PROGRAM SERVICES 900099 451062 437978 13084 CATERING 722320 337880 174253 163627 MERCHANDISE AND SOUVENIR COMMISSI 453220 82241 82241 11358824 4296 4296 15109075 10747878 610946 4296 X 325066 256810 46052 22204 4573928 3613525 647985 312418 77389 61139 10964 5286 803178 634532 113786 54860 358003 282832 50718 24453 31855 31855 5051815 4879510 128724 43581 776242 759337 16 16889 1119237 894779 167477 56981 401222 333248 43256 24718 989142 939685 39566 9891 225899 221382 3388 1129 168022 149540 16802 1680 14900998 13026319 1300589 574090 354972 221811 2966868 4493218 1090918 1046589 370047 330057 239858 244188 2635604 1394584 1194483 1241020 1311244 1288431 7528390 8865314 798859 763805 3804635 5009264 307809 259096 4911303 6032165 X 223055 337970 1549032 1621929 845000 873250 2617087 2833149 7528390 8865314 X 208077 7985 X 0 1 X 1 0 X 1209729 3248237 3268996 3470355 3745955 14943272 4740 5293909 15007277 8604942 10747878 39658746 1214469 8542146 18276273 12075297 14493833 54602018 450595 343746 364242 212179 159812 1530574 625806 1066880 1020745 2713431 450595 343746 990048 1279059 1180557 4244005 50358013 2831 1305 10673 5894 4296 24999 2831 1305 10673 5894 4296 24999 1217300 8543451 18286946 12081191 14498129 54627017 0.92190 0.92430 0.00050 0.00070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 1311244 28250 23066 59048 15081 1288431 1196441 190408 61116 14489 1311244 1135476 15000 123228 63332 13931 1196441 1174403 47582 79662 6847 1135476 0.67780 0.32220 1 0 2558126 1394584 1163542 77478 77478 1241020 BENEFICIAL INTEREST IN ASSETS HELD BY MADISON COMMUNITY FOUNDATION 1288431 1288431 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 B. 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. X 1 0 X X X 0 0 0 0 0 0 0 0 0 TED DEDEE PRESIDENT/CEO 184782 0 0 0 0 0 5700 0 13504 0 203986 0 0 0 PART I, LINE 1A TED DEDEE RECEIVED A MEMBERSHIP TO MADISON CLUB. THIS BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION AS THE MAIN PURPOSE OF THE MEMBERSHIP IS BUSINESS. X 10 70803 QUOTED MARKET PRICES X LIGHTING 1 59078 COST/SELLING PRICE X PREPAID GIFT CARDS 17 19861 FACE AMOUNT X SUPPLIES 5 3869 COST/SELLING PRICE X FOOD 8 1223 COST/SELLING PRICE X DISPLAYS AND PLANTS 6 481 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 WHEN THE PRESIDENT/CEO WAS HIRED, THE GOVERNING BODY ESTABLISHED A SEARCH COMMITTEE TO FACILITATE THE HIRING PROCESS. A SEARCH FIRM WAS HIRED TO ASSIST IN THE RECRUITMENT PROCESS. THE SEARCH FIRM PROVIDED COMPARABILITY DATA TO THE COMMITTEE. THE SEARCH COMMITTEE RECOMMENDED A COMPENSATION RANGE TO THE DIRECTORS. THE PRESIDENT/CEO HAS RECEIVED NO COMPENSATION INCREASE SINCE BEING HIRED. 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 137,703. MANAGEMENT AND GENERAL EXPENSES 126,020. FUNDRAISING EXPENSES 39,014. TOTAL EXPENSES 302,737. ARTISTS AND PERFORMANCE SERVICE FEES: PROGRAM SERVICE EXPENSES 4,737,931. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 3,899. TOTAL EXPENSES 4,741,830. INTERPRETER SERVICES: PROGRAM SERVICE EXPENSES 3,876. MANAGEMENT AND GENERAL EXPENSES 2,704. FUNDRAISING EXPENSES 668. TOTAL EXPENSES 7,248. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY MADISON COMMUNITY FOUNDATIO 7,985. 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 0 1 1 0 0 0 0