2015-02-13T17:11:00-06:00 2014-06-30 620713250 KRAFTCPAS PLLC 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2013-07-01 581320590 TENNESSEE PERFORMING ARTS CENTER (TPAC) MANAGEMENT CORPORATION TENN 6157824000 505 DEADERICK STREET 3RD FLOOR NASHVILLE TN 37243 KATHLEEN O'BRIEN PRESIDENT & CEO 6157824000 2015-02-12 1 FRANCES E LEAHY P00713593 6152427351 2015-02-12 2013 2016-02-25 16:41:14Z KATHLEEN O'BRIEN 505 DEADERICK STREET 3RD FLOOR NASHVILLE TN 37243 20992462 0 X WWW.TPAC.ORG X 1977 TN TO CREATE A LIFETIME OF MEANINGFUL AND RELEVANT EXPERIENCES THROUGH THE PERFORMING ARTS; PROVIDING QUALITY ARTS ENTERTAINMENT AND EDUCATION TO THE RESIDENTS OF TENNESSEE THROUGH THE OPERATION OF THE TENNESSEE PERFORMING ARTS CENTER. 28 28 449 185 22760 14496 2611630 2546254 13043787 15546823 79 -12582 655608 2347493 16311104 20427988 0 0 0 0 5288377 5775354 0 0 495339 11136751 12993845 16425128 18769199 -114024 1658789 10276669 11888448 5114301 5053059 5162368 6835389 X TO PROVIDE FACILITIES, SERVICES, AND PROGRAMS OF THE HIGHEST QUALITY FOR THE GREATEST BENEFIT OF THE PEOPLE, INSTITUTIONS, AND COMMUNITIES OF THE STATE, AND TO TAKE A LEADERSHIP ROLE IN FOSTERING THE PERFORMING ARTS, ARTS EDUCATION, RESIDENT ART GROUPS AND OTHER ARTS ORGANIZATIONS. 0 0 15513284 17812188 TPAC IS A NOT-FOR-PROFIT ORGANIZATION. TPAC ENTERED INTO AN AGREEMENT WITH THE STATE OF TENNESSEE & THE TENNESSEE PERFORMING ARTS FOUNDATION IN 1978. THE INITIAL AGREEMENT ESTABLISHED TPAC PRINCIPALLY FOR THE PURPOSE OF PRESENTING QUALITY ARTS ENTERTAINMENT & EDUCATION TO TENNESSEE RESIDENTS THROUGH THE OPERATION OF THE TENNESSEE PERFORMING ARTS CENTER. TPAC HAS ADMINISTRATIVE CONTROL OVER THE OPERATIONS AND FUNCTIONS OF THE FOUR THEATERS LOCATED IN TWO BUILDINGS IN DOWNTOWN NASHVILLE. IN ADDITION TO ITS ROLE WITH THE STATE OF TENNESSEE, TPAC OPERATES SEVERAL PROGRAM INITIATIVES INCLUDING FIVE ARTS EDUCATION PROGRAMS, PUBLIC OFFERINGS SUCH AS A BROADWAY SERIES, CONCERTS, COMEDY SHOWS, ETC. ADDITIONALLY, TPAC RENTS ITS FACILITIES TO THREE PERFORMING ARTS RESIDENT COMPANIES - THE NASHVILLE OPERA ASSOCIATION, NASHVILLE BALLET, AND THE TENNESSEE REPERTORY THEATRE, ALL THREE OF WHICH ARE NON-PROFIT ORGANIZATIONS. TPAC ALSO RENTS ITS FACILITIES TO OUTSIDE PROMOTERS FOR EVENTS WHERE THE PROMOTERS ARE AT RISK, AND TO THE STATE (WITH RENT WAIVED) FOR THEIR EVENTS. TO SUPPORT PUBLIC PROGRAMMING, TPAC OPERATES ITS OWN TICKETING SERVICES. TO SUPPORT ITS EDUCATIONAL PROGRAMS, TPAC ENGAGES IN FUNDRAISING WHICH INCLUDES SOLICITING GIFTS AND SUPPORT FROM INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS. 255254 146202 DURING THE 2014 FISCAL YEAR, HUMANITIES OUTREACH IN TENNESSEE (HOT) PRESENTED 46 (46 DURING 2013) PROFESSIONAL PERFORMANCES OF THEATER, DANCE AND MUSIC FOR STUDENT AUDIENCES AT TPAC. SUBSIDIZED TICKETS, TRAVEL GRANTS AND CLASSROOM MATERIALS WERE PROVIDED TO ENSURE THAT EACH STUDENT COULD HAVE ACCESS TO DIVERSE CULTURAL AND EDUCATIONAL PROGRAMS. HOT ALSO PROVIDED IN-SCHOOL STUDENT WORKSHOPS, AUDIENCE DISCUSSIONS, AND WORKSHOPS FOR TEACHERS WHICH ADDRESSED THE EDUCATIONAL CONTENT OF EACH PERFORMANCE. DURING THE 2013 - 2014 ACADEMIC YEAR, 25,466 STUDENTS AND TEACHERS FROM 243 SCHOOLS ATTENDED HOT SEASON FOR YOUNG PEOPLE PERFORMANCES (20,232 STUDENTS AND TEACHERS FROM 206 SCHOOLS DURING THE 2012 - 2013 ACADEMIC YEAR). 50878 3335 ARTSMART IS A CLASSROOM-BASED INSTRUCTION PROGRAM THAT ACCOMPANIES THE HOT SEASON FOR YOUNG PEOPLE. THROUGH ARTSMART, STUDENTS ARRIVE AT THE THEATRE WITH AN EXPANDED CAPACITY TO ENGAGE WITH THE PERFORMANCE THEY ARE ABOUT TO SEE. SPECIALIZED TRAINING ENABLES EDUCATORS AND TEACHING ARTISTS TO GUIDE ARTS-BASED INSTRUCTION THAT CHALLENGES YOUNG PEOPLE TO IMAGINE, TO PRACTICE, AND TO REFLECT. A TOTAL OF 2,937 STUDENTS AND TEACHERS PARTICIPATED IN ARTSMART IN 2013-2014 (4,592 STUDENTS AND TEACHERS IN 2012-2013). 31 SCHOOLS RECEIVED ARTSMART EDUCATION SERVICES AT NO CHARGE IN 2014 (30 SCHOOLS IN 2013). 51054 261 TPAC'S WOLF TRAP EARLY LEARNING THROUGH THE ARTS PROGRAM BRINGS ARTS-BASED CLASSROOM RESIDENCIES TO PRESCHOOLS AND HEAD START CENTERS. TEACHING ARTISTS AND TEACHERS USE ARTS INSTRUCTION TO TARGET EARLY CHILDHOOD DEVELOPMENTAL GOALS AND HELP CHILDREN LEARN. A TOTAL OF 1,089 CHILDREN AND TEACHERS PARTICIPATED IN WOLF TRAP IN 2013-2014 AT NO CHARGE (1,270 CHILDREN AND TEACHERS IN 2012-2013). 10681 0 INSIDEOUT IS FOR ADULTS WHO WANT TO GROW IN THEIR KNOWLEDGE AND ENJOYMENT OF THE PERFORMING ARTS. THE PROGRAM OFFERS A SERIES OF LUNCH SEMINARS, PERFORMANCE EXCERPTS, DISCUSSIONS, WORKSHOPS AND SNEAK PREVIEWS BEHIND THE SCENES. A TOTAL OF 3,371 INDIVIDUALS PARTICIPATED IN THIS PROGRAM DURING THE 2013-2014 YEAR AT NO CHARGE (3,686 INDIVIDUALS DURING 2013). 74261 0 DISNEY MUSICALS IN SCHOOLS (DMIS) DEVELOPS A CULTURE OF MUSICAL THEATRE PERFORMANCE IN METRO NASHVILLE ELEMENTARY SCHOOLS. THE PROGRAM INTRODUCES THE COLLABORATIVE ART OF MUSICAL THEATRE; STRENGTHENS ARTS PROGRAMMING; DEVELOPS PARTNERSHIPS AMONG STUDENTS, FACULTY, STAFF AND THE GREATER NASHVILLE COMMUNITY. PARTICIPATING SCHOOLS RECEIVE (AT NO COST) A PERFORMANCE LICENSE TO ANY DISNEY KIDS MUSICAL, SHOWKIT MATERIALS, INCLUDING DIRECTORS GUIDES, STUDENT SCRIPTS, ACCOMPANIMENT AND VOCAL CDS AND A CHOREOGRAPHY DVD, CROSS-CURRICULAR ACTIVITIES; AND IN-SCHOOL SUPPORT FROM TEAMS OF TWO TPAC TEACHING ARTISTS FOR 15 WEEKS. IN 2013-2014, 839 STUDENTS AND 114 EDUCATORS FROM 15 METRO NASHVILLE PUBLIC SCHOOLS TOOK PART IN THE DMIS PROGRAM. (662 STUDENTS AND 79 EDUCCATORS FROM FIVE SCHOOLS DURING 2012-2013). 135996 261 15955412 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 1 67 0 1 449 1 1 1 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TN X JULIE GILLEN CFO 6157824033 505 DEADERICK STREET 3RD FLOOR NASHVILLE TN 37243 CLAIRE W TUCKER BOARD CHAIR 1.00 X X 0 0 0 C DALE ALLEN BOARD VICE CHAIR 1.00 X X 0 0 0 RONALD L CORBIN BOARD TREASURER 1.00 X X 0 0 0 LARRY R STESSEL BOARD SECRETARY 1.00 X X 0 0 0 JOHN E CODY IMMEDIATE PAST CHAIRMAN 1.00 X X 0 0 0 KATHLEEN AIRHART BOARD MEMBER 0.50 X 0 0 0 CARTER ANDREWS BOARD MEMBER 0.50 X 0 0 0 BARBARA T BOVENDER BOARD MEMBER 0.50 X 0 0 0 BETH S COURTNEY BOARD MEMBER 0.50 X 0 0 0 ANSEL L DAVIS BOARD MEMBER 0.50 X 0 0 0 EMANUEL J EADS BOARD MEMBER 0.50 X 0 0 0 DONNA G ESKIND BOARD MEMBER 0.50 X 0 0 0 ROD ESSIG BOARD MEMBER 0.50 X 0 0 0 LESLIE FRAM BOARD MEMBER 0.50 X 0 0 0 CHARLES J HALL BOARD MEMBER 0.50 X 0 0 0 J REGINALD HILL BOARD MEMBER 0.50 X 0 0 0 MARTHA R INGRAM BOARD MEMBER 0.50 X 0 0 0 CHRISTINE KARBOWIAK BOARD MEMBER 0.50 X 0 0 0 BEVERLY KEEL BOARD MEMBER 0.50 X 0 0 0 BILL LYNCH BOARD MEMBER 0.50 X 0 0 0 MELVIN J MALONE BOARD MEMBER 0.50 X 0 0 0 MARCUS MCKAMEY BOARD MEMBER 0.50 X 0 0 0 JIM SCHMITZ BOARD MEMBER 0.50 X 0 0 0 RHONDA TAYLOR BOARD MEMBER 0.50 X 0 0 0 ANDREW TAVI BOARD MEMBER 0.50 X 0 0 0 DR PHILIP WENK BOARD MEMBER 0.50 X 0 0 0 GAIL WILLIAMS BOARD MEMBER 0.50 X 0 0 0 UZI YEMIN BOARD MEMBER 0.50 X 0 0 0 WILLIAM H BRADDY III BOARD MEMBER THRU 01/13/14 0.50 X 0 0 0 KATHLEEN O'BRIEN PRESIDENT & CEO 40.00 X 222797 0 71595 BRENT HYAMS EXEC. VP & GENERAL MANAGER 40.00 X 116187 0 10375 SUSAN SANDERS EVP FOR EDUCATION AND OUTR 40.00 X 61812 0 9937 JULIE GILLEN CHIEF FINANCIAL OFFICER 40.00 X 124663 0 21867 525459 0 113774 3 0 1 0 WICKED TOUR PRODUCTIONS 165 W 46TH STREET SUITE 1101 NEW YORK NY 10036 PROMOTER 3571630 NASHVILLE TALENT PAYMENT 5111 PRINCE PHILLIP COVE BRENTWOOD TN 37027 UNION 628520 JERSEY BOYS 2ND NATIONAL TOUR LP 311 W 43RD STREET SUITE 602 NEW YORK NY 10036 PROMOTER 549971 NASHVILLE BALLET 3630 REDMON STREET NASHVILLE TN 37209 RESIDENT COMPANY 547665 OUTBACK CONCERTS 209 10TH AVENUE SOUTH STE 222 NASHVILLE TN 37203 CONCERT PROMOTER 444003 23 166520 771470 401717 1206547 89862 2546254 TICKET SALES 711310 11642700 11642700 TICKET SERVICE CHG/FEES 711310 2751996 2751996 EVENT LABOR REIMBURSEMENTS 711310 1125832 1125832 SPONSORSHIPS 541800 26295 26295 15546823 43 43 603616 123034 0 126569 603616 -3535 600081 603616 -3535 1700 14325 -12625 -12625 -12625 33440 166520 123870 -90430 -90430 1066843 299710 767133 767133 TN STATE SALES TAX REBATE 711310 947638 947638 OTHER INCOME 711310 79834 79834 BARTER INCOME 711310 43237 43237 1070709 20427988 17961986 22760 -103012 678826 41565 475523 161738 4219266 3336715 699717 182834 89557 89557 427323 248024 168451 10848 360382 253738 82003 24641 10750 10750 4031 4031 85829 85829 15450 15450 161818 141195 15167 5456 1287828 1281846 4976 1006 615125 448697 147025 19403 81434 40052 24685 16697 15865 8249 7616 471605 272117 195962 3526 120517 5628 114889 UNRELATED BUSINESS INCO 3619 0 3619 0 ARTIST FEES 7350826 7350826 0 0 CONTRACT LABOR 1212593 1212593 0 0 PRODUCTION COSTS 318690 318690 0 0 1237865 995477 173198 69190 18769199 15955412 2318448 495339 19276 17746 4127217 5888154 218242 151347 434325 389750 32180 45190 192275 183871 8844766 4031013 5004718 4813753 215936 287244 32500 111393 10276669 11888448 1137830 1183703 2580234 2983113 969841 793507 426396 92736 5114301 5053059 X 4849888 6514801 312480 320588 5162368 6835389 10276669 11888448 X 1658789 14232 X X 0 1 X 1 0 X 2789767 2379293 2755482 2611630 2546254 13082426 12467851 9666859 12402275 13056620 17224427 64818032 15257618 12046152 15157757 15668250 19770681 77900458 0 0 0 77900458 951 351 127 79 43 1551 13840 24951 20235 98123 149329 306478 14791 25302 20362 98202 149372 308029 539182 362649 531977 734165 1070709 3238682 15811591 12434103 15710096 16500617 20990762 81447169 0.95650 0.96790 0.00380 0.00240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 15450 0 0 15450 0 PART II-B, LINE 1: TPAC HIRED JOHNSON/POSS GOVERNMENT RELATIONS FIRM TO EDUCATE STATE GOVERNMENT OFFICIALS WITH REGARD'S TO TPAC'S CAPITAL IMPROVEMENT NEEDS AS WELL AS TPAC'S IMPACT ON THE ART'S OF NASHVILLE AND THE STATE OF TENNESSEE. 7376479 3044838 4331641 629167 436443 192724 839120 549732 289388 4813753 DEPOSITS 92736 92736 X 21166549 14232 161555 175787 20990762 -562774 -562774 20427988 19493528 161555 562774 724329 18769199 0 18769199 PART X, LINE 2: MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISION INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES -123,870. UNRELATED BUSINESS INCOME - RENTAL EXPENSES -126,569. LOSS ON DISPOSAL OF EQUIPMENT -12,625. CONCESSION SUPPLIES EXPENSE -299,710. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 123,870. UNRELATED BUSINESS INCOME - RENTAL EXPENSES 126,569. LOSS ON DISPOSAL OF EQUIPMENT 12,625. CONCESSION SUPPLIES EXPENSE 299,710. TPAC GALA 199960 166520 33440 35343 12967 75560 199960 166520 33440 35343 12967 75560 123870 -90430 X X X X 0 1 0 0 0 0 0 0 0 KATHLEEN O'BRIEN PRESIDENT & CEO 218097 0 0 0 4700 0 23000 0 48595 0 294392 0 0 0 PART I, LINE 4B TENNESSEE PERFORMING ARTS CENTER MANAGEMENT CORPORATION ENTERED INTO AN EMPLOYMENT AGREEMENT WITH KATHLEEN W. O'BRIEN, CEO, TO PROVIDE A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN THAT INCLUDES DEFERRED COMPENSATION DESCRIBED IN CODE SECTIONS 457(B) AND 457(F). THIS NON-QUALIFIED PLAN IS COMMONLY KNOWN AS A RABBI TRUST. NO PAYMENTS WERE MADE TO THE EMPLOYEE FOR THE FISCAL YEAR ENDING JUNE 30, 2014 OR THE CALENDAR YEAR ENDING DECEMBER 31, 2013. MARCUS MCKAMEY MARCUS MCKAMEY,A BOARD MEMBER FOR TPAC. 4974600 MARCUS MCKAMEY IS AN EMPLOYEE OF US TRUST, BANK OF AMERICA PRIVATE WEALTH MANAGEMENT. TPAC HAS ALL OF THEIR BANK ACCOUNTS, LOANS, LEASES, AND LINES OF CREDIT THROUGH BANK OF AMERICA. THE BUSINESS RELATIONSHIP FOR THE DAY TO DAY OPERATIONS ARE WITH MARCUS AND OTHER REPRESENTATIVES FROM THE COMPANY. 0 WILLIAM H BRADDY III WILLIAM H. BRADDY, III, A BOARD MEMBER FOR TPAC THRU 01/13/14. 4974600 WILLIAM H. BRADDY, III WAS AN EMPLOYEE OF US TRUST, BANK OF AMERICA PRIVATE WEALTH MANAGEMENT. TPAC HAS ALL OF THEIR BANK ACCOUNTS, LOANS, LEASES, AND LINES OF CREDIT THROUGH BANK OF AMERICA. THE BUSINESS RELATIONSHIP FOR THE DAY TO DAY OPERATIONS ARE WITH WILLIAM AND OTHER REPRESENTATIVES FROM THE COMPANY. 0 DR PHILIP WENK DR. PHILIP WENK, A BOARD MEMBER FOR TPAC. 48404 DR. PHILIP WENK IS THE CEO AT DELTA DENTAL, WHICH IS AN INSURANCE PROVIDER FOR TPAC EMPLOYEES. 0 X 3 24963 COST OF DONATED PROPERTY X AIRLINE VOUCH 1 36750 COST OF DONATED PROP X DONATED LIQUO 3 10483 COST OF DONATED PROP X EQUIPMENT REN 1 10000 COST OF DONATED PROP X EVENT TICKETS 30 7666 COST OF DONATED PROP 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING ORGANIZATIONS AND INDIVIDUALS HAVE THE ABILITY TO APPOINT TPAC'S GOVERNING BODY: THE TENNESSEE PERFORMING ARTS FOUNDATION - 8 POSITIONS THE TENNESSEE GOVERNOR - 5 POSITIONS TENNESSEE'S EDUCATION COMMISSIONER - 1 POSITION THE TENNESSEE ARTS COMMISSION - 6 POSITIONS THE TENNESSEE PERFORMING ARTS CENTER - 8 POSITIONS FORM 990, PART VI, SECTION B, LINE 11 UPON COMPLETION OF FORM 990 BY THE TAX DEPARTMENT OF THE EXTERNAL AUDITORS FOR TENNESSEE PERFORMING ARTS CENTER, IT WILL BE REVIEWED BY EITHER THE CFO OR DESIGNATED FINANCE DEPARTMENT STAFF MEMBERS AND THEN A REVIEW MEETING IS HELD THAT INCLUDES THE TPAC CEO, CFO, KEY FINANCE DEPARTMENT STAFF, BOARD TREASURER, AUDIT COMMITTEE CHAIR, AND EXTERNAL AUDIT TAX PREPARER. APPROPRIATE CHANGES MAY BE MADE AT ANY POINT IN THE REVIEW PROCESS PRIOR TO FILING FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TPAC HAS A CONFLICT OF INTEREST POLICY FOR ITS EMPLOYEES AND ALSO A CONFLICT OF INTEREST POLICY FOR ITS BOARD MEMBERS. THE POLICY FOR EMPLOYEES IS IN THE HUMAN RESOURCES MANUAL THAT EACH EMPLOYEE IS GIVEN WHEN THEY ARE HIRED. THE FOCUS IS ON THE EMPLOYEE TO SCRUPULOUSLY AVOID ANY CONFLICT BETWEEN THEIR OWN RESPECTIVE INTERESTS AND THE INTERESTS OF TPAC. IF TPAC BECOMES AWARE OF A VIOLATION, IT IS INVESTIGATED AND THE PROPER DISCIPLINARY ACTION WILL BE TAKEN. THE POLICY FOR BOARD OF DIRECTORS IS IN THE BOARD ORIENTATION BOOK AND ALSO INCLUDED IN THE BOOK THEY USE AT EVERY BOARD LEVEL MEETING. EACH FISCAL YEAR, ALL BOARD OF DIRECTORS ARE ASKED TO SIGN THE CONFLICT OF INTEREST POLICY AND THOSE FORMS ARE KEPT ON FILE. FORM 990, PART VI, SECTION B, LINE 15 TPAC'S BOARD OF DIRECTORS HIRES THE ORGANIZATION'S CEO AND NEGOTIATES SUBSEQUENT EMPLOYMENT CONTRACTS. THE BOARD CHAIRMAN'S PROCESS FOR DETERMINING COMPENSATION FOR THE CEO IS BASED ON MULTIPLE CRITERIA: HISTORICAL SALARY RANGE FOR THE POSITION, SALARY SURVEY INFORMATION COMPILED ANNUALLY BY A RESEARCH FIRM FOR OUR SPECIFIC INDUSTRY (PACC - PEFORMING ARTS CENTER CONSORTIUM) AND AVAILABLE BUDGETARY RESTRAINTS. OTHER OFFICER COMPENSATION IS HANDLED SIMILARLY BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 TPAC'S GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION. PURSUANT TO TENN CODE ANN SECTION 8-44-107, THE ACTIVITIES OF THE BOARD ARE OPEN TO THE PUBLIC AS IF IT WERE A GOVERNMENTAL AGENCY. SEE BELOW: 8-44-107. BOARD OF DIRECTORS OF PERFORMING ARTS CENTER MANAGEMENT CORPORATION - THE BOARD OF DIRECTORS OF THE TENNESSEE PERFORMING ARTS CENTER MANAGEMENT CORPORATION SHALL BE SUBJECT TO, AND SHALL IN ALL RESPECTS COMPLY WITH, ALL OF THE PROVISIONS MADE APPLICABLE TO GOVERNING BODIES BY THIS CHAPTER [OPEN MEETINGS LAW]. TPAC'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE AT WWW.GIVINGMATTERS.ORG. TPAC'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN FMV OF INVESTMENTS 14,232. FORM 990, PART XI, LINE 2C: THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION PROCESS OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. TENNESSEE PERFORMING ARTS FOUNDATION 505 DEADERICK STREET NASHVILLE TN 37243 237272205 ENDOWMENT MGMT TO PROVIDE INCOME TO HELP DEFRAY THE OPERATING COSTS OF TPAC TN 501(C)(3) 509(A)(3) N/A 0 NASHVILLE INSTITUTE FOR THE ARTS 505 DEADERICK STREET NASHVILLE TN 37243 581387884 TN 501(C)(3) 509(A)(3) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TENNESSEE PERFORMING ARTS FOUNDATION C 771470 CASH