2015-02-17T08:57:43-06:00 2014-06-30 SVA CERTIFIED PUBLIC ACCOUNTANTS 18650 W CORPORATE DRIVE SUITE 200 BROOKFIELD WI 53045 990 2013-07-01 391634828 FIRST STAGE MILWAUKEE INC % DEB MOODY FIRS 4142672940 325 W WALNUT STREET Suite MILWAUKEE WI 53212 DARREN GOLDSTEIN TREASURER 4142672940 2015-02-14 true joel nettesheim P00113172 4142672940 2013 2016-02-25 16:41:14Z FIRST STAGE 5837592 false X WWW.FIRSTSTAGE.ORG X 1987 WI FIRST STAGE MILWAUKEE, INC D/B/A FIRST STAGE. OUR MISSION IS TO ENRICH THE LIVES OF CHILDREN AND FAMILIES BY CREATING EXCEPTIONAL THEATER EXPERIENCES BY THREE ACTIVITIES. 28 28 230 350 0 3145944 2565520 2731237 3172799 7874 9031 343 -16422 5885398 5730928 0 0 0 0 2646939 2891219 0 0 543833 2110093 2576055 4757032 5467274 1128366 263654 4247349 4697851 1020725 1144260 3226624 3553591 FIRST STAGE TOUCHES HEARTS AND TRANSFORMS LIVES BY CREATING EXCEPTIONAL THEATER EXPERIENCES FOR YOUNG PEOPLE AND FAMILIES THROUGH: -PROFESSIONAL THEATER PRODUCTIONS THAT ENGAGE, ENLIGHTEN AND ENTERTAIN -THEATER ACADEMY TRAINING THAT FOSTERS LIFE SKILLS THROUGH STAGE SKILLS -DYNAMIC THEATER-IN-EDUCATION PROGRAMS THAT PROMOTE LEARNING THROUGH THEATER false false 3223478 2281587 PROFESSIONAL CHILDREN'S THEATER PRODUCTIONS IN 1987, FIRST STAGE BEGAN AS A SMALL THEATER COMPANY WITH A GOAL OF PROVIDING PROFESSIONAL THEATER FOR YOUNG PEOPLE AND FAMILIES. NOW IN ITS 27TH SEASON, THE COMPANY HAS GROWN TO BECOME ONE OF THE NATION'S ACCLAIMED PROFESSIONAL CHILDREN'S THEATERS AND ONE OF THE LARGEST THEATER COMPANIES IN MILWAUKEE. FIRST STAGE OFFERS AN EIGHT-PLAY SEASON OF PROFESSIONAL THEATER FOR YOUNG PEOPLE AND FAMILIES WITH TITLES CHOSEN FOR EDUCATIONAL CONTENT, SOCIAL SIGNIFICANCE AND THEIR ABILITY TO SPARK CONVERSATION AT HOME AND IN CLASSROOMS. CLASSROOM TEACHERS USE A FIELD TRIP TO FIRST STAGE AS A LITERACY DEVELOPMENT PROGRAM THAT CHILDREN ARE EAGER TO PARTICIPATE IN - READ THE BOOK, SEE THE PLAY, DISCUSS THE STORY AND WRITE ABOUT IT. WITH AN EDUCATION DEPARTMENT PROVIDING FREE ENRICHMENT GUIDES TO SCHOOL GROUPS, EACH SEASON IS RICH WITH EDUCATIONAL OPPORTUNITIES. IN THE 2013-2014 FISCAL YEAR, OVER 74,000 INDIVIDUALS (94% OF WHICH WERE CHILDREN FROM OVER 2300 CLASSROOMS AT OVER 600 SCHOOLS) ATTENDED OUR SCHOOL GROUP PERFORMANCES AT OUR THEATER (AT TICKET PRICES 64% BELOW OUR PUBLIC PRICES).OVER 54,000 INDIVIDUALS ATTENDED OUR PUBLIC PERFORMANCES, AS SINGLE OR SEASON TICKET BUYERS OR AS PART OF A PUBLIC GROUP (E.G.,A BOY OR GIRL SCOUT GROUP). IN TOTAL, FIRST STAGE HAD OVER 366 PERFORMANCES AND PERFORMED BEFORE 129,417 PEOPLE. IN 2013-2014, FIRST STAGE TOOK ITS PRODUCTION OF RUDOLPH THE RED-NOSED REINDEER: THE MUSICAL-WHICH BROKE OFFICE RECORDS IN ITS 2012 MILWAUKEE PRODUCTION- TO CHICAGO'S BROADWAY PLAYHOUSE AT WATER TOWER PLACE, IN COLLABORATION WITH EMERALD CITY THEATRE AND BROADWAY IN CHICAGO. OVER 27,000 TICKETS WERE SOLD, FILLING THE VENUE'S 540-SEAT SPACE TO OVER 85% CAPACITY OVERALL. IN JANUARY 2014, FIRST STAGE BROUGHT BACK THE CRITICALLY ACCLAIMED A MIDNIGHT CRY, WHICH AGAIN RECEIVED AUDIENCE PRAISE, BEING NAMED ONE OF THE BEST WORKS OF THEATER IN 2014 BY THE MILWAUKEE JOURNAL SENTINEL. IN THE SPRING 2014, FIRST STAGE PRESENTED THE WORLD PREMIERE OF ANATOLE-WRITTEN BY FIRST STAGE ASSOCIATE DIRECTOR JOHN MACLAY AND MILWAUKEE ACTOR LEE BECKER-TO SOLD-OUT AUDIENCES, AS WELL AS NANCY DREW AND HER BIGGEST CASE EVER, WHICH WAS ALSO WRITTEN BY MACLAY AND FIRST STAGE ARTISTIC DIRECTOR JEFF FRANK. ANATOLE WAS RECENTLY NAMED THE BEST MUSICAL BY BROADWAY WORLD MILWAUKEE. ADDITIONALLY, FIRST STAGE YOUNG COMPANY-THE THEATER ACADEMY'S ADVANCED ACTOR TRAINING PROGRAM FOR HIGH SCHOOL STUDENTS-PERFORMED ROMEO AND JULIET TO BOTH SCHOOL AND PUBLIC AUDIENCES. THIS PRODUCTION WAS PART OF SHAKESPEARE FOR A NEW GENERATION, A NATIONAL PROGRAM OF THE NATIONAL ENDOWMENT FOR THE ARTS IN PARTNERSHIP WITH ARTS MIDWEST. FIRST STAGE WAS ONE OF ONLY 40 PROFESSIONAL THEATER COMPANIES SELECTED TO PARTICIPATE, AND THE ONLY THEATER FOR YOUNG AUDIENCES SELECTED. ROMEO AND JULIET WAS PERFORMED TO NEARLY 5,900 SCHOOL AND PUBLIC AUDIENCES; EACH OF THE SCHOOL AUDIENCES RECEIVED A FREE PRE- OR POST-SHOW WORKSHOP FROM THE SUPPORT OF THE NEA GRANT. IN ADDTION TO ENRICHING THE LIVES OF OUR AUDIENCES, FIRST STAGE PRACTICES AGE-APPROPRIATE CASTING (I.E., ROLES OF CHILDREN WILL BE PLAYED BY YOUNG PERFORMERS). IN THE 2013-2014 FISCAL YEAR, 196 CHILDREN PERFORMED ON OUR STAGES, THUS PROVIDING THEM WITH ENRICHED EXPERIENCES OF TEAMWORK AND RESPONSIBILITY BUT ALSO GIVING OUR AUDIENCE A MORE REALISTIC STORY-TELLING EXPERIENCE. IN 2005, FIRST STAGE'S THEATER ACADEMY BEGAN ITS YOUNG COMPANY PROGRAM, CONTINUED TRAINING FOR ITS MOST EXPERIENCED YOUNG ADULTS. THESE STUDENTS LEARN HIGHER-LEVEL THEATER SKILLS AND PERFORM IN THREE AMATEUR ACADEMY PRODUCTIONS PER SEASON. 955481 744619 THEATER ACADEMY FOR CHILDREN THEATER ARTS HAVE AN INTRINSIC POTENTIAL TO TEACH IMPORTANT LIFE SKILLS SUCH AS SELF-CONFIDENCE, DISCIPLINE, COMMITMENT, AND TEAMWORK. HAVING ACCESS TO THEATER PROFESSIONALS WITH THE UNIQUE ABILITY AND PASSION FOR WORKING WITH CHILDREN, FIRST STAGE FOUNDED THE THEATER ACADEMY IN 1992. THE GOAL OF THE ACADEMY IS TO TEACH "LIFE SKILLS THROUGH STAGE SKILLS." ACADEMY CLASSES ARE OFFERED YEAR-ROUND, TO HELP CHILDREN BUILD CHARACTER, DEVELOP LEADERSHIP SKILLS AND INCREASE EMOTIONAL INTELLIGENCE. THE THEATER ACADEMY HAS BEEN PROVEN TO HELP STUDENTS IN SCHOOL BY IMPROVING EMOTIONAL INTELLIGENCE SCORES (SELF-AWARENESS, RESPECT FOR SELF AND OTHERS, TEAM WORK, ETC.) AND INSTILLING 21ST CENTURY WORKFORCE SKILLS (COLLABORATION,CRITICAL THINKING, INCREASED COMMUNICATION,FLEXIBILTY AND CREATIVE THINKING). FIRST STAGE ACADEMY OFFERS A JOURNEY OF SELF-DISCOVERY AND HELPS CHILDREN MAXIMIZE THEIR OWN POTENTIAL IN A SAFE ENVIRONMENT SURROUNDED BY ADULT MENTORS AND POSITIVE PEERS. IN THE 2013-2014 FISCAL YEAR, FIRST STAGE OFFERED CLASSES WITH CONTACT HOURS RANGING FROM 8 TO 120 HOURS EACH, FOR OVER 2,700 ENROLLMENTS FOR APPROXIMATELY 1,900 CHILDREN, APPROXIMATELY 16% OF WHICH WERE FROM THE CITY OF MILWAUKEE'S PUBLIC SCHOOL SYSTEM AND 17% OF WHICH WERE IN NEED OF FINANCIAL ASSISTANCE IN ORDER TO ATTEND. FIRST STAGE HAS NEVER TURNED AWAY A STUDENT DUE TO A FAMILY'S INABILITY TO PAY TUITION. THROUGH DONATIONS, FIRST STAGE IS ABLE TO PROVIDE OVER $117,000 IN FINANCIAL AID TO HELP WITH TUITION,TRANSPORTATION, AND LUNCHES FOR OVER 330 STUDENTS OR NEARLY 600 ENROLLMENTS. FIRST STAGE THEATER ACADEMY HOLDS CLASSES YEAR-ROUND. SEVERAL OF ITS MORE UNIQUE PROGRAMS ARE DESCRIBED BELOW: * NEXT STEPS WAS ESTABLISHED IN 2012 AS A MUSICAL THEATRE AND ACTING PROGRAM DESIGNED SPECIFICALLY FOR STUDENTS ON THE AUTISM SPECTRUM. NEXT STEPS PROVIDES AN OPPORTUNITY TO LEARN SOCIAL AND DEVELOPMENTAL SKILLS AMONG THEIR PEERS. * THE LAYTON BOULEVARD WEST NEIGHBORS(LBWN)PARTNERSHIP WAS BEGUN IN THE SUMMER OF 2013. LBWN BUILDS STRONG AND HEALTHY NEIGHBORHOODS IN THE CITY OF MILWAUKEE BY STABILIZING AND REVITALIZING THE SILVER CITY, BURNHAM PARK AND LAYTON PARK COMMUNITIES.THESE SOUTH SIDE NEIGHBORHOODS ARE SOME OF MILWAUKEE'S MOST DIVERSE AND ECONOMICALLY VIBRANT. THIS THRIVING COMMUNITY IS A NATURAL PARTNER FOR FIRST STAGE, AND BOTH FIRST STAGE'S AND LBWN'S MISSIONS ALIGN WITH A QUALITY OF LIFE PLAN AND COMMITMENT TO "SUPPORT YOUTH IN ACHIEVING THEIR POTENTIAL, BOTH ACADEMICALLY AND PERSONALLY." * THE TOURING COMPANY WAS BEGUN DURING FIRST STAGE 2012-2013 SEASON. THESE STUDENTS REHEARSE AND PRODUCE AN ORIGINAL 30-MINUTE SHOW TO TAKE TO COMMUNITY EVENTS AND SCHOOLS THROUGHOUT THE SCHOOL YEAR SPREADING THE MESSAGE OF LIFE SKILLS THROUGH STAGE SKILLS. * ADVANCED MUSICAL THEATRE IS A PROGRAM STARTED IN 2013-2014 AND BRINGS GUEST ARTISTS ON A LOCAL AND NATIONAL LEVEL TO FIRST STAGE TO WORK WITH STUDENTS THROUGHOUT THE YEAR TO HONE THEIR MUSICAL THEATER SKILLS. * WORD PLAY ENSEMBLE WAS ALSO STARTED IN 2013-2014 AND ALLOWS STUDENTS GRADES 5-12 TO WORK TOGETHER THROUGHOUT THE SCHOOL YEAR TO CREATE AND STAGE AN ORIGINAL PLAY. * THE WRITER'S GROUP PROVIDES AN OPPORTUNITY TO EXPERIMENT, IMPROVE AND EXPLORE DRAMATIC WRITING AS A TOOL FOR HUMAN CONNECTION AND SELF-EXPRESSION. * FIRST STAGE'S STUDENT ADVISORY BOARD WAS CREATED IN 2013-2014 OUT OF A NEED FOR THE STUDENT'S VOICE TO BE HEARD IN MAKING DECISIONS ABOUT ACADEMY PROGRAMMING AND POLICIES. * ORGANIZED CHAOS, BEGUN IN 2007-2008, ALLOWS MULITPLE TEAMS TO WORK ON ADVANCED IMPROVISATION. STUDENTS WORK TOGETHER FOR A FULL YEAR ON SPONTANEITY, INTEGRITY, AND LEADERSHIP. IMPROV IS AN ART FORM THAT REQUIRES COMMUNITY, COMMITMENT AND COMMUNICATION. 318885 146593 THEATER-IN-EDUCATION: FIRST STAGE KNOWS THAT THE ARTS CAN BE USED AS A POWERFUL VEHICLE FOR IN-SCHOOL LEARNING, RATHER THAN DETACHED FROM TRADITIONAL CURRICULUM AS AN "EXTRA". DRAMA IN PARTICULAR EFFORTLESSLY LENDS ITSELF TO INTEGRATION WITH LITERATURE AND LANGUAGE ARTS. FIRST STAGE DOES NOT GO INTO CLASSROOMS AND TEACH DRAMA, BUT RATHER USES THEATER AS AN EFFECTIVE MEDIUM TO TEACH ACADEMIC SUBJECT MATTER. FIRST STAGE HAS THE UNIQUE ABILITY TO USE THEATER ACTIVITES TO PRESENT CURRICULUM EFFECTIVELY TO ALL TYPES OF LEARNERS - VISUAL, AUDITORY AND KINESTHETIC. IN ADDTION, CLASSROOM TEACHERS HAVE AN ONGOING CONCERN ABOUT STANDARDIZED TESTING. IN RESPONSE, FIRST STAGE OFFERS PROGRAMS THAT BOOST CRITICAL LITERACY SKILLS, INCREASE STATE STANDARDIZED TEST SCORES AND HELP TEACHERS LEARN NEW AND CREATIVE WAYS TO TEACH. AS SCHOOLS ARE FORCED TO SPEND LESS ON ARTS PROGRAMMING, THESE PROGRAMS CLEVERLY BLEND THE ARTS WITH EXISTING CURRICULUM MAKING IT A WIN-WIN FOR TEACHERS THAT ARE UNDER PRESSURE TO COVER A GREAT DEAL OF MATERIAL AND FOR STUDENTS THAT THRIVE WHEN THEY ARE ALLOWED TO EXPRESS THEMSELVES AND USE THEIR NATURAL CREATIVITY IN THE CLASSROOM. IN THE 2013-2014 FISCAL YEAR FIRST STAGE'S TEACHING ARTISTS REACHED 19,580 STUDENTS IN 738 CLASSROOMS WITH OVER 2,300 WORKSHOPS. MANY OF THESE STUDENTS ALSO ATTENDED OUR MATINEE PERFORMANCES DESCRIBED ABOVE, PLUS APPOXIMATELY 675 STUDENTS WERE INVOLVED IN OUR LITERACY PROGRAMS AND 6280 STUDENTS WERE PART OF OUR SUBSIDIZED CONNECTIONS OUTREACH PROGRAM, WHICH DEVELOPS CREATIVE THINKING, LOGICAL REASONING,PUBLIC SPEAKING, AND EMOTIONAL INTELLIGENCE. IN ADDITION TO HELPING TO EDUCATE CHILDREN, FIRST STAGE PROVIDED PROFESSIONAL DEVELOPMENT TO OVER 420 TEACHERS IN LOCAL SCHOOLS. IN 2013-2014, FIRST STAGE'S THEATER IN EDUCATION DEPARTMENT BEGAN TWO NEW PARTNERSHIPS: * A PARTNERSHIP WITH THE MILWAUKEE ART MUSEUM(MAM) BLENDED VISUAL ART AND THEATER EDUCATION IN ONE EXPERIENCE FOR SCHOOL GROUPS AS THEY LEARNED ABOUT AN EXHIBIT BY ARTIST THOMAS SULLY. THIS PARTNERSHIP WAS SUCCESSFUL AND CONTINUES INTO 2014-2015 WITH WORKSHOPS REGARDING ITALIAN PAINTINGS ON LOAN TO MAM FROM THE NATIONAL MUSEUMS OF SCOTLAND IN GLASGOW AND WORKSHOPS REGARDING 50 YEARS OF EBONY FASHION FAIR. * FIRST STAGE PARTNERS WITH META HOUSE, A NONPROFIT THAT HELPS WOMEN TO RECLAIM THEIR LIVES AND REBUILD THEIR FAMILIES AFTER DRUG ADDICTION. IN 2013-2014 FIRST STAGE TEACHING ARTISTS LED WORKSHOPS FOR 72 PARTICIPANTS TO HELP PROVIDE MOTHERS WITH ENRICHED PARENTING SKILLS. PRE AND POSTWORKSHOP SURVEYS WERE CONDUCTED, SHOWING A GROWTH IN GREATER UNDERSTANDING (FROM 0%-59% AT THE POINT OF PREWORKSHOP TO 44%-100% WITH AN AVERAGE OF 81% AT THE POINT OF POSTWORKSHOP) OF CONFLICT RESOLUTION, SELF ESTEEM BOOSTERS, EMPATHY FOR A CHILD'S FEELINGS, AND OTHER PARENTING SKILLS. 4497844 true true false false false false false false false true true false false false true false true false false false false false false false true false false false false true false false false false false false false false true false false false false true false false false true 81 0 true 230 true false false false false false true true false false false false X 28 28 false false false false false false false true true false false true true true true true true true true false WI X X DEB MOODY 4142672940 325 W WALNUT ST MILWAUKEE WI 53212 X DARREN GOLDSTEIN TREASURER 0.9 0.0 X X 0 0 LUKE KOWAL BOARD OF DIRECTORS 0.3 0.0 X 0 0 KRISTIN SHEEHAN BOARD OF DIRECTORS 0.3 0.0 X 0 0 AMY TAYLOR DIAMOND BOARD OF DIRECTORS 0.3 0.0 X 0 0 BOB ARZBAECHER VICE PRESIDENT AT LARGE 0.6 0.0 X X 0 0 ELIZABETH BARANKO BOARD OF DIRECTORS 0.3 0.0 X 0 0 KRISTIN SEVERSON VICE PRES-FUND DEVELOPMENT 0.6 0.0 X X 0 0 CAROL GEHL BOARD OF DIRECTORS 0.3 0.0 X 0 0 SHEILA REYNOLDS SECRETARY/VP-GOVERNANCE 0.6 0.0 X X 0 0 LAUREN PAGENKOPF PRESIDENT ELECT 0.9 0.0 X X 0 0 GREGORY SCHMELING MD VICE PRESIDENT-PROGRAMMING 0.6 0.0 X X 0 0 ALEC FRASER PRESIDENT 0.9 0.0 X X 0 0 NICOLE ANGRESANO BOARD OF DIRECTORS 0.3 0.0 X 0 0 VINCENT CICCOLINI BOARD OF DIRECTORS 0.3 0.0 X 0 0 JOHN FRICKER BOARD OF DIRECTORS 0.3 0.0 X 0 0 LIZA PERRY BOARD OF DIRECTORS 0.3 0.0 X 0 0 KAREN GUY BOARD OF DIRECTORS 0.3 0.0 X 0 0 DANIEL JONES VICE PRES-STRATEGIC PLANNING 0.6 0.0 X X 0 0 STACY KELLY BOARD OF DIRECTORS 0.3 0.0 X 0 0 JANE KIM STEPHENS BOARD OF DIRECTORS 0.3 0.0 X 0 0 CAROL KRACHT BOARD OF DIRECTORS 0.3 0.0 X 0 0 ALEX KRAMER BOARD OF DIRECTORS 0.3 0.0 X 0 0 MEGAN MADSEN BOARD OF DIRECTORS 0.3 0.0 X 0 0 TAMORA MARTIN BOARD OF DIRECTORS 0.3 0.0 X 0 0 DEADRA RICHELLE-PURIFOY BOARD OF DIRECTORS 0.3 0.0 X 0 0 JOAN SHAFER BOARD OF DIRECTORS 0.3 0.0 X 0 0 MARCY STANCZYK BOARD OF DIRECTORS 0.3 0.0 X 0 0 BRIDGET VIOHL BOARD OF DIRECTORS 0.3 0.0 X 0 0 ROB GOODMAN FOUNDING ARTISTIC DIRECTOR 40.0 0.0 X 158870 12144 JEFF FRANK ARTISTIC DIRECTOR 40.0 0.0 X 100393 12764 ELIZABETH CORRY MANAGING DIRECTOR 40.0 0.0 X 100711 15571 359974 40479 3 false true false NONE 0 751683 188896 99892 1525049 651272 2565520 PROFESSIONAL THEATER PRODUCTIONS-TICKET SALES 711110 2281587 2281587 THEATER ACADEMY FOR CHILDREN-TUITION REVENUE 611600 744619 744619 THEATER-IN-EDUCATION-SEREVICE REVENUE 611600 146593 146593 3172799 9140 9140 0 6215 6215 0 0 0 109 -109 -109 -109 18302 188896 47935 -29633 -29633 0 60210 58620 1590 1590 PAYMENTS FOR BOARD LUNCHES 900099 3581 3581 MISCELLANEOUS 900099 1825 1825 5406 5730928 3179686 -14278 0 0 0 0 0 0 2295088 1646192 229399 419497 0 362480 295563 44755 22162 233651 184895 20228 28528 0 0 8750 8750 0 0 0 117110 111060 3750 2300 306024 277706 3374 24944 80296 67761 6522 6013 43615 25484 14946 3185 104245 104245 478629 441765 24576 12288 77007 74762 134 2111 0 19230 6877 9632 2721 7734 7734 0 140668 99475 37148 4045 21850 17550 3882 418 PRODUCTION EXPENSES 278846 278846 SUBSIDY ON SCHOOL GROUP SHOWS 753567 753567 EDUCATION & ACADEMY MATERIALS 6991 6991 ADMINISTRATIVE 103398 77010 10767 15621 28095 28095 5467274 4497844 425597 543833 581071 998779 0 0 2175044 2070190 109316 227337 0 0 0 0 40501 31500 15570 19813 225756 250505 1891144 1424256 547516 466888 545780 627743 0 0 0 0 6795 5096 0 0 4247349 4697851 242342 326028 0 0 664108 638371 0 0 0 0 0 0 90357 166720 0 0 23918 13141 1020725 1144260 X 2105416 2627029 1121208 926562 0 0 3226624 3553591 4247349 4697851 263654 63313 X false true X true false X 1583465 2053729 2315211 3145944 2565520 11663869 2482754 2661341 2701448 2731237 3172799 13749579 0 0 0 4066219 4715070 5016659 5877181 5738319 25413448 134767 80164 359963 115115 177516 867525 0 134767 80164 359963 115115 177516 867525 24545923 9265 5346 7273 7274 9140 38298 0 9265 5346 7273 7274 9140 38298 0 16310 5916 6128 5724 5406 39484 4091794 4726332 5030060 5890179 5752865 25491230 0.96292 0.96523 0.00150 0.00020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 576023 1767 72453 650243 526292 2838 46893 576023 522586 598 3108 526292 467859 11067 43660 522586 375341 80296 12222 467859 1.00000 false false 58024 58024 967721 797642 170079 865399 568590 296809 466888 0 N/P - CAPITAL LEASE 13141 13141 5924043 63313 23247 86560 5837483 -106555 -106555 5730928 5597076 23247 106555 129802 5467274 5467274 PART V, LINE 4 THE BOARD-DESIGNATED ENDOWMENT IS MADE UP OF TWO PARTS. THE FIRST PART, APPROXIMATELY 20% OF THE QUASI-ENDOWMENT, IS AVAILABLE FOR USE BY THE ORGANIZATION TO PROVIDE EMERGENCY RESERVE FUNDS, ALLEVIATE BUDGET SHORTFALLS AND TO PROVIDE OPERATING FUNDS FOR NEW BUSINESS INITIATIVES APPROVED BY THE BOARD OF DIRECTORS. THE SECOND PART, APPROXIMATELY 80% OF THE QUASI-ENDOWMENT, IS INTENDED TO PROVIDE LONG-TERM STABILITY TO THE ORGANIZATION AND ANNUAL CASH FLOW FROM INVESTMENT INCOME TO FUND ONGOING OPERATIONS AND DEVELOPMENT FOR FIRST STAGE. PART XIII LINE 4B AMOUNTS INCLUDED ON FORM 990, PART VIII LINE 12 BUT NOT ON LINE 1: THE OTHER AMOUNTS INCLUDED ON THE FORM 990 AS REVENUE BUT NOT INCLUDED IN THE AUDITED FINANCIAL STATEMENTS AS REVENUE INCLUDE: COST OF GOODS SOLD $ 58,620 FUNDRAISING EVENT EXP 47,935 TOTAL $106,555 IN THE AUDITED FINANCIAL STATEMENTS THESE AMOUNTS ARE INCLUDED IN EXPENSES. PART XIII LINE 2 AMOUNTS INCLUDED ON LINE 1 BUT NOT ON THE FORM 990, PART IX LINE 25: THE OTHER AMOUNTS INCLUDED IN THE EXPENSES OF THE AUDITED FINANCIAL STATEMENTS BUT NOT IN THE EXPENSES ON THE FORM 990 INCLUDE: COST OF GOODS SOLD $ 58,620 FUNDRAISING EVENT EXP 47,935 TOTAL $106,555 IN THE FORM 990,THESE ARE APPLIED AGAINST REVENUES IN FORM 990 PART IX ANNUAL BALL 150070 149580 490 8717 -24067 1308 43561 WINE EVENT 54962 37150 17812 6209 -11194 20189 2 2166 2166 2378 150 684 207198 188896 18302 14926 -32883 1458 64434 47935 -29633 X X X false false false false false true false false false ROB GOODMAN FOUNDING ARTISTIC DIRECTOR 73870 85000 0 0 12144 171014 0 PART 1 LINE 6A BONUS PAYMENTS ARE CONTINGENT UPON THE OPERATING RESULTS OF THE ORGANIZATION. ONCE THE INDEPENDENT FINANCIAL AUDIT IS COMPLETE, AND THUS THE OPERATING SURPLUS PROVEN, BONUS PAYMENTS ARE PAID FOR JEFF FRANK AND ELIZABETH CORRY ACCORDING TO THE FOLLOWING SCALE: OPERATING SURPLUS BONUS-% OF BASE PAY $25,000 & UP 10% $20,000-$24,999 9% $15,000-$19,999 8% $10,000-$14,999 7% $5,000-$9,999 6% $0-4,999 5% DEFICIT 0% X 3 3132 AVE MARKET PRICE X PLEDGE RECEIVABLES 77 575723 DOLLAR VALUE DISCOUN X BALL & WINE EVENT AUCTION ITEMS 188 53827 FAIR MARKET VALUE X MISC PROGRAM SUPPORT SUPPLIES 42 18590 FAIR MARKET VALUE false true false SECTION A: GOVERNING BODY AND MANAGEMENT LINE 10 (ALSO PART IV, LINE 38) THE 990 IS JOINTLY PREPARED BY THE ORGANIZATION'S DIRECTOR OF FINANCE AND THE FIRM, SVA CERTIFIED PUBLIC ACCOUNTANTS. WHEN THE PRELIMINARY 990 IS COMPLETE, AN ELECTRONIC COPY IS PROVIDED TO MEMBERS OF THE FINANCE COMMITTEE. THESE MEMBERS REVIEW THE 990 AND MAKE COMMENTS OR SUGGESTIONS FOR CHANGES TO THE PREPARERS. ANY NECESSARY MODIFICATIONS ARE MADE, AND THE FINAL DRAFT OF THE 990 IS THEN REVIEWED BY THE TREASURER FOR ACCURACY. THE APPROVED FINAL COPY OF THE TAX RETURN IS THEN MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF DIRECTORS. AFTER RESPONDING TO ANY INQUIRIES BY THE BOARD OF DIRECTORS, THE 990 IS PRINTED AND SIGNED BY THE PREPARERS AND THE TREASURER BEFORE BEING FILED WITH THE IRS. SECTION B. POLICIES LINE 12C THE ORGANIZATION'S FISCAL YEAR RUNS JULY 1 THROUGH JUNE 30. HOWEVER, THE MAJORITY OF THE FINANCIAL ACTIVITY FOR THE ORGANNIZATION OCCURS DURING OUR THEATRICAL SEASON, WHICH RUNS FROM SEPTEMBER THROUGH MAY. IT IS DURING THIS TIMEFRAME THAT THE ORGANIZATION HAS REGULAR BOARD MEETINGS. AT THE FIRST BOARD MEETING OF THE SEASON, IN SEPTEMBER, THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH DIRECTOR. THE DIRECTOR MUST COMPLETE THE SIGNATURE PAGE OF THE POLICY, CONFIRMING THAT THEY UNDERSTAND THE POLICY, AND RETURN THAT PAGE TO THE GENERAL MANAGER. ANY MEMBER OF THE BOARD WHO REFUSES OR FAILS TO SIGN SUCH A STATEMENT SHALL BE PROHIBITED FROM PARTICIPATING IN DISCUSSION OR ACTION BY THE BOARD. IF THEN DURING THE YEAR A DIRECTOR LEARNS OF A CONFLICT OF INTEREST, THEY MUST DISCLOSE IT TO THE BOARD. SUCH A CONFLICT WILL BE ENTERED INTO THE MINUTES OF THE MEETING. AT FUTURE DISCUSSIONS OR VOTES TO WHICH THIS CONFLICT IS RELATED, THE DIRECTOR WILL BE RECUSED FROM THE MEETING. TO ENSURE THE UTMOST EFFICACY OF THE POLICY, THE GENERAL MANAGER CONDUCTS PERIODIC REVIEWS TO ENSURE THE SIGNING OF THE CONFLICT OF INTEREST STATEMENT AND ALSO REVIEWS THE ACTIONS TAKEN BY THE BOARD ON BEHALF OF THE ORGANIZATION. SUCH REVIEW IS INTENDED TO ENSURE THAT THE ORGANIZATION CONTINUES AT ALL TIMES TO BE OPERATED EXCLUSIVELY FOR THE ACHIEVEMENT OF ITS PUBLIC CHARITABLE PURPOSES, RATHER THAN FOR THE BENEFIT OF ONE OR MORE PRIVATE PERSONS. SECTION B. POLICIES LINE 15 NO DIRECTORS FROM THE BOARD ARE COMPENSATED FOR THEIR WORK AS A BOARD MEMBER. THE ORGANIZATION'S MANAGING DIRECTOR IS A PAID-EMPLOYEE POSITION. THIS POSITION'S BENEFITS (INSURANCE,ETC.) ARE THE SAME AS FOR ANY OTHER FULL-TIME, YEAR-ROUND EMPLOYEE OF THE ORGANIZATION. THE SALARY, HOWEVER, IS NEGOTIATED EVERY THREE YEARS WITH THE BOARD PRESIDENT AND THE BOARD TREASURER. DATA USED TO DETERMINE WHAT THAT SALARY SHOULD BE INCLUDES PUBLISHED CENSUS AND SURVEY RESULTS FROM OTHER LOCAL ORGANIZATIONS, BOTH CHARITABLE AND NOT, AS WELL AS NATIONAL SURVEY RESULTS FROM THE THEATER COMMUNICATION GROUP (TCG) OF OTHER THEATERS NATIONWIDE. THE RESULTS FROM TCG ARE ALSO USED BY THE BOARD AND BY THE MANAGING DIRECTOR TO SET SALARIES FOR ALL OTHER EMPLOYEES AT THE ORGANIZATION. SECTION C. DISCLOSURE LINE 19 FIRST STAGE HAS BOTH PHYSICAL AND ELECTRONIC VERSIONS OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE DIRECTOR OF FINANCE OR GENERAL MANAGER. IN ADDITION, THE FORM 990 IS PUBLISHED EACH YEAR ON GUIDESTAR.ORG, WHICH RECEIVES THE 990 FROM THE IRS. MILWAUKEE YOUTH ARTS CENTER INC 325 W WALNUT ST MILWAUKEE WI 53212 113665475 FACILITY WI 501(C)(3) 509(A)(3),1 false false false false false false false false false false true false false false true true true false false