2015-11-16T14:06:46-06:00 2014-12-31 271728945 O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2014-01-01 133499385 HUDSON VALLEY SHAKESPEARE FESTIVAL INC HUDS 8458095750 140 MAIN STREET COLD SPRING NY 10516 ROBIN SHELBY ARDITI PRESIDENT 8458095750 2015-11-16 1 GARRETT M HIGGINS P00543209 9143818900 2015-11-16 2014 2016-03-07 17:11:31Z ROBIN SHELBY ARDITI 140 MAIN STREET COLD SPRING NY 10516 2762713 0 X HVSHAKESPEARE.ORG X 1988 NY THE HUDSON VALLEY SHAKESPEARE FESTIVAL ENGAGES THE WIDEST POSSIBLE AUDIENCE IN A FRESH CONVERSATION ABOUT WHAT IS ESSENTIAL IN SHAKESPEARE'S PLAYS. 23 23 163 25 0 0 769775 977855 1492988 1518951 22230 20824 237293 91042 2522286 2608672 0 0 0 0 1483206 1479221 0 0 257727 1028158 1100729 2511364 2579950 10922 28722 1354865 1409112 19649 49915 1335216 1359197 X THE HUDSON VALLEY SHAKESPEARE FESTIVAL ENGAGES THE WIDEST POSSIBLE AUDIENCE IN A FRESH CONVERSATION ABOUT WHAT IS ESSENTIAL IN SHAKESPEARE'S PLAYS. OUR THEATER LIVES IN THE HERE AND NOW, AT THE INTERSECTION BETWEEN THE VIRTUOSITY OF THE ACTOR, THE IMAGINATION OF THE AUDIENCE, AND THE INSPIRATION OF THE TEXT. 0 0 1793683 1409101 HVSF MAKES ITS HOME UNDER A SPECIALLY DESIGNED, 540-SEAT, OPEN-AIR TENT THEATER ON THE GROUNDS OF HISTORIC BOSCOBEL HOUSE AND GARDENS ON THE BANKS OF THE HUDSON RIVER. IN 2014, HVSF PRESENTED THREE SHOWS IN REPERTORY -- SHAKESPEARE'S "OTHELLO" AND "THE TWO GENTLEMEN OF VERONA" AND "THE LIAR" ADAPTED BY DAVID IVES FROM THE COMEDY BY PIERRE CORNEILLE -- TO OVER 35,000 PEOPLE. HVSF ALSO OFFERED AN 18-WEEK APPRENTICE ACTING PROGRAM FOR SEVEN POST-GRADUATE STUDENTS WHICH INCLUDED THE OPPORTUNITY TO PLAY ROLES IN THE SEASON, DEDICATED COURSES AND TRAINING, AND THE PRESENTATION OF AN APPRENTICE PRODUCTION OF "A MIDSUMMER NIGHT'S DREAM." 251185 106583 THIS WAS THE 20TH YEAR OF HVSF'S WELL-ESTABLISHED AND HIGHLY REGARDED EDUCATION PROGRAM, WHICH REACHED OVER 43,000 STUDENTS IN 48 SCHOOLS IN THE TRI-STATE AREA IN 2014. IT OFFERED A DIVERSE RANGE OF IN-SCHOOL PROGRAMS AND WORKSHOPS, A FULLY-STAGED, 90-MINUTE TOURING PRODUCTION OF SHAKESPEARE'S "MUCH ADO ABOUT NOTHING" FOR MIDDLE AND HIGH SCHOOL STUDENTS, AS WELL AS PROFESSIONAL DEVELOPMENT FOR TEACHERS,PRE-PERFORMANCE OUTREACH ACTIVITIES, AND POST-PERFORMANCE TALKBACKS. 38668 43523 HVSF OFFERED A SERIES OF FOUR DEVELOPMENTAL THEATER WORKS DURING THE SUMMER SEASON TITLED "HVSF2"; A STAGED READING OF "TURN OF THE SCREW," BY JEFFREY HATCHER FROM THE STORY BY HENRY JAMES FOR THE FALL SEASON; ALONG WITH A STAGED READING OF THE PLAY "ALL IS CALM," BY PETER ROTHSTEIN, WITH MUSICAL ARRANGEMENTS BY ERICK LICHTE AND TIMOTHY C. TAKACH, FOR THE HOLIDAY SEASON. 2083536 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 25 0 163 1 0 0 0 0 0 1 1 0 0 0 0 0 X 23 23 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X LINDA PATTERSON 8458095750 140 MAIN STREET COLD SPRING NY 10516 ROBIN SHELBY ARDITI PRESIDENT 15.00 X X 0 0 0 PATRICIA KING VICE PRESIDENT 5.00 X X 0 0 0 FREDERIC W COOK SECRETARY 5.00 X X 0 0 0 LESLIE G KELLEY TREASURER 7.00 X X 0 0 0 SUZANNE BAKER DIRECTOR 2.00 X 0 0 0 ELIZABETH A BARRETT DIRECTOR 2.00 X 0 0 0 ANDY CHMAR DIRECTOR 4.00 X 0 0 0 LAURA CARMODY CUMMING DIRECTOR 2.00 X 0 0 0 HEIDI ETTINGER DIRECTOR 5.00 X 0 0 0 SARAH GEER DIRECTOR 2.00 X 0 0 0 HEATHER HOPKINS DIRECTOR 2.00 X 0 0 0 SAMANTHA KAPPAGODA DIRECTOR 2.00 X 0 0 0 DANIEL KRAMER DIRECTOR 2.00 X 0 0 0 CARL LOEWENSON DIRECTOR 2.00 X 0 0 0 JOSEPH C MAHON DIRECTOR 2.00 X 0 0 0 MELISSA MEYERS DIRECTOR 2.00 X 0 0 0 ANNE TODD OSBORN DIRECTOR THRU FEBRUARY 2014 2.00 X 0 0 0 NAT PRENTICE DIRECTOR 5.00 X 0 0 0 VIVIAN SHANNON DIRECTOR 2.00 X 0 0 0 FREDERIC RICH DIRECTOR 2.00 X 0 0 0 JENNIFER STEBBINS DIRECTOR- THRU FEBRUARY 2014 2.00 X 0 0 0 BYRON STINSON DIRECTOR 2.00 X 0 0 0 BETSY SWANSON DIRECTOR THRU SEPTEMBER 2014 2.00 X 0 0 0 KRISTIN VAN OGTROP DIRECTOR 2.00 X 0 0 0 LAURA JEAN WILSON DIRECTOR 2.00 X 0 0 0 MARY ELIZABETH BUNZEL DIRECTOR 2.00 X 0 0 0 LINDA PATTERSON FINANCE DIRECTOR 40.00 X 72669 0 4431 MARGARET WHITLUM COOPER EXECUTIVE DIRECTOR- THRU SEPT 2014 60.00 X 59910 0 6458 132579 0 10889 0 0 0 0 0 148499 77000 752356 44842 977855 ADMISSIONS 711190 1412847 1412847 WORKSHOPS 611600 37150 37150 EDUCATION PROGRAM 611600 36694 36694 TOURING SHOW 611600 20330 20330 SUMMER CAMP TUITION 611600 8080 8080 3850 3850 1518951 20824 20824 833 0 833 833 833 44951 148499 83337 -38386 -38386 20638 2397 18241 18241 108563 68307 40256 40256 ADVERTISEMENTS 541800 37215 37215 FACILITIES FEES 900099 32883 32883 70098 2608672 1559207 0 71610 143468 114774 14347 14347 1063043 850435 106304 106304 16837 13469 1684 1684 70810 56648 7081 7081 185063 148051 18506 18506 4000 3200 400 400 23976 19180 2398 2398 151317 121051 15133 15133 17379 13903 1738 1738 87453 62367 7796 17290 15424 8503 1063 5858 31092 24874 3109 3109 167288 133830 16729 16729 65129 52103 6513 6513 10210 8168 1021 1021 94009 75206 9402 9401 37084 29668 3708 3708 TEMPORARY ROOM & BOARD 108287 108287 PRODUCTION EQUIPMENT 65772 65772 ADMISSION EXPENSES 51669 41335 5167 5167 REPAIRS & MAINTENANCE 45904 36724 4590 4590 124736 95988 11998 16750 2579950 2083536 238687 257727 256765 355071 27145 5600 24740 20283 18215 1180661 674665 551802 505996 520415 468866 0 9079 1354865 1409112 19649 49915 19649 49915 X 1264156 1267242 71060 91955 1335216 1359197 1354865 1409112 28722 -4741 0 X X 0 1 X 1 0 X 582800 679788 700969 769775 977855 3711187 1110090 1234462 1426928 1492988 1627514 6891982 1692890 1914250 2127897 2262763 2605369 10603169 95296 93073 98867 111532 398768 0 95296 93073 98867 111532 398768 10204401 12579 14283 15963 17686 21657 82168 12579 14283 15963 17686 21657 82168 152552 180050 205719 205246 70098 813665 1858021 2108583 2349579 2485695 2697124 11499002 0.88740 0.85330 0.00710 0.00710 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2011 AMOUNT: $ 30,027. 2012 AMOUNT: $ 30,334. 2013 AMOUNT: $ 25,791. CONCESSIONS STAND - 2010 AMOUNT: $ 88,159. 2011 AMOUNT: $ 82,068. 2012 AMOUNT: $ 100,916. 2013 AMOUNT: $ 110,786. ADVERTISING IN PLAY PROGRAM - 2010 AMOUNT: $ 36,557. 2011 AMOUNT: $ 37,297. 2012 AMOUNT: $ 40,333. 2013 AMOUNT: $ 35,914. 2014 AMOUNT: $ 37,215. FACILITIES FEES - 2011 AMOUNT: $ 30,658. 2013 AMOUNT: $ 32,755. 2014 AMOUNT: $ 32,883. PICNIC DINNERS - 2010 AMOUNT: $ 27,836. 2012 AMOUNT: $ 34,136. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1180661 674665 505996 505996 X 2706302 -4741 154041 149300 2557002 51670 51670 2608672 2682321 154041 154041 2528280 51670 51670 2579950 PART X, LINE 2: HSVF RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT HSVF HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. HVSF IS NO LONGER SUBJECT TO EXAMINATIONS BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON PART VIII, LINE 8B 83,337. COST OF GOODS SOLD REPORTED ON PART VIII, LINE 7B 68,307. GAMING EXPENSES REPORTED ON PART VIII, LINE 9B 2,397. PART XI, LINE 4B - OTHER ADJUSTMENTS: PROCESSING FEES REPORTED ON PART IX, LINE 11G 51,670. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON PART VIII, LINE 8B 83,337. COST OF GOODS SOLD REPORTED ON PART VIII, LINE 7B 68,307. GAMING EXPENSES REPORTED ON PART VIII, LINE 9B 2,397. PART XII, LINE 4B - OTHER ADJUSTMENTS: PROCESSING FEES REPORTED ON PART IX, LINE 11G 51,670. SPRING BENEFIT 193450 148499 44951 24984 16077 42276 193450 148499 44951 24984 16077 42276 83337 -38386 20638 2397 0 20638 2397 2397 18241 0 HVSF IS NOT REQUIRED TO REGISTER IN THE STATE OF NEW YORK BECUASE THEY ARE BELOW THE $30,000 NET GAMING REVENUE THRESHOLD. 0 0 0 0 0 X 12168 FMV X 2 2600 FMV X DONATED CAR 1 15541 FMV X DONATED AUCTION ITEMS 7 14233 FMV X THEATRE TICKETS 1 300 FMV 0 0 0 0 PART I, COLUMN (B): COLUMN (B) IS THE NUMBER OF GOODS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 4 THE HVSF BY-LAWS AND OTHER GOVERNING DOCUMENTS WERE MODIFIED TO COMPLY WITH CHANGES IN NEW YORK STATE LAW GOVERNING NOT-FOR-PROFIT ORGANIZATIONS. FORM 990, PART VI, SECTION B, LINE 11 HUDSON VALLEY SHAKESPEARE FESTIVAL INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT AND THE BOARD MONITORS COMPLIANCE AND FOLLOWS UP TO MAKE SURE THAT ALL APPLICABLE PERSONS COMPLETE THE REQUIRED DISCLOSURE FORMS. EACH BOARD MEMBER ALSO UNDERTAKES TO NOTIFY THE PRESIDENT OR SECRETARY OF HVSF IF HE OR SHE BECOMES AWARE OF ANY RELATIONSHIP OR SITUATION THAT MIGHT RESULT IN, OR GIVE THE APPEARANCE OF BEING, A CONFLICT OF INTEREST. THE DIRECTOR, OFFICER OR KEY EMPLOYEE WHO DISCLOSED THE INTEREST IN A PROPOSED OR EXISTING RELATED PARTY TRANSACTION MAY MAKE A PRESENTATION TO AND RESPOND TO QUESTIONS BY THE AUDIT COMMITTEE OR BOARD OF DIRECTORS BUT MAY NOT ATTEMPT TO INFLUENCE IMPROPERLY THE DELIBERATION OR VOTING ON THE MATTER. AFTER SUCH PRESENTATION THEY MUST LEAVE THE MEETING DURING DELIBERATION & VOTING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 140 MAIN STREET, COLD SPRING, NY 10516 OR BY CALLING THE ORGANIZATION DIRECTLY AT (845)809-5750. FORM 990, PART XII, LINE 2C: THE HUDSON VALLEY SHAKESPEARE FESTIVAL, INC. BOARD ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT AUDITOR. THE POLICY FOR SELECTION AND OVERSIGHT OF THE INDEPENDENT AUDITORS HAS NOT CHANGED SINCE LAST YEAR.