2014-11-14T16:49:48-06:00 2013-12-31 910189318 MOSS ADAMS LLP 9665 GRANITE RIDGE DRIVE SUITE 600 SAN DIEGO CA 92123 990 2013-01-01 951543396 OLD GLOBE THEATRE OLDG 6192311941 PO BOX 122171 SAN DIEGO CA 921122171 MICHAEL G MURPHY MANAGING DIRECTOR 6192311941 2014-11-12 1 PATRICIA J MAYER P00188643 8586271400 2013 2015-11-30 17:44:51Z THE OLD GLOBE MICHAEL G MURPHY PO BOX 122171 SAN DIEGO CA 921122171 28699032 0 X WWW.THEOLDGLOBE.ORG X 1937 CA THE TONY AWARD-WINNING OLD GLOBE THEATRE IS THE SIXTH LARGEST REGIONAL THEATRE IN THE COUNTRY AND SAN DIEGO'S FLAGSHIP PERFORMING ARTS INSTITUTION SINCE 1937, WHEN A POPULAR VENUE FOR SHAKESPEARE'S WORK AT THE 1935-36 CALIFORNIA PACIFIC INTERNATIONAL EXPOSITION IN BALBOA PARK WAS ESTABLISHED AS A PERMANENT COMPANY. TODAY, THE OLD GLOBE PRODUCES A YEAR-ROUND SEASON OF 15 OR MORE PLAYS AND MUSICALS, INCLUDING WORLD PREMIERES, MODERN CLASSICS, NEW MUSICALS, BROADWAY-BOUND PRODUCTIONS AND THE HIGHLY-REGARDED SUMMER SHAKESPEARE FESTIVAL. IN ADDITION TO THE ARTISTIC PROGRAMMING ON ITS THREE STAGES, WITH AUDIENCE CAPACITIES OF 600/600/250, THE GLOBE OFFERS A WIDE RANGE OF EDUCATION AND OUTREACH PROGRAMS THAT CONTRIBUTE TO THE GROWTH AND EDUCATION OF THEATRE PROFESSIONALS, AUDIENCES AND THE COMMUNITY AT LARGE. 47 44 644 2794 19965 11614 5973611 7219956 13877046 13971320 46639 -83647 -134306 62059 19762990 21169688 88950 128200 0 0 12752044 12721774 47927 52168 1485289 9985880 9321275 22874801 22223417 -3111811 -1053729 51305554 49653032 8062260 7434279 43243294 42218753 X THE MISSION OF THE OLD GLOBE IS TO PRESERVE, STRENGTHEN AND ADVANCE AMERICAN THEATRE BY: CREATING THEATRICAL EXPERIENCES OF THE HIGHEST PROFESSIONAL STANDARDS; PRODUCING AND PRESENTING WORKS OF EXCEPTIONAL MERIT, DESIGNED TO REACH CURRENT AND FUTURE AUDIENCES; ENSURING DIVERSITY AND BALANCE IN PROGRAMMING; PROVIDING AN ENVIRONMENT FOR THE GROWTH AND EDUCATION OF THEATRE PROFESSIONALS, AUDIENCES AND THE COMMUNITY AT LARGE. 0 0 17366463 14334102 THE OLD GLOBE IS AT THE FOREFRONT OF THE NATION'S THEATRICAL PERFORMING ARTS ORGANIZATIONS, SETTING A STANDARD FOR EXCELLENCE IN AMERICAN THEATER BY PRODUCING 15 OR MORE HIGH QUALITY PROFESSIONAL PRODUCTIONS YEAR-ROUND, INCLUDING WORLD PREMIERES, MODERN CLASSICS, NEW MUSICALS, BROADWAY-BOUND PRODUCTIONS AND AN OUTDOOR SUMMER SHAKESPEARE FESTIVAL. IN 2013, THE GLOBE PRODUCED A TOTAL OF 15 THEATRICAL PRODUCTIONS IN, WITH 538 PUBLIC PERFORMANCES THAT PLAYED TO AN AUDIENCE OF 217,134, INCLUDING 189,914 PAID TICKETS AND 27,220 FREE ADMISSIONS, PRIMARILY DISTRIBUTED THROUGH SCHOOLS AND NONPROFIT ORGANIZATIONS. SEASON HIGHLIGHTS INCLUDED THE WORLD PREMIERE OF THE GENTLEMAN'S GUIDE TO LOVE AN MURDER, CO-PRODUCED WITH HARTFORD STAGE. (THE NEW MUSICAL TRANSFERRED TO BROADWAY, WINNING FOUR 2014 TONY AWARDS.) 868858 128200 39875 EDUCATION AND OUTREACH PROGRAMS FOR THE PUBLIC ARE OFFERED YEAR-ROUND, BOTH ON THE GLOBE'S CAMPUS AND THROUGHOUT SAN DIEGO COUNTY. IN 2013, THE OLD GLOBE OFFERED 19 COMMUNITY AND EDUCATION PROGRAMS, SERVING 28,238 STUDENTS AND ADULTS THROUGHOUT SAN DIEGO COUNTY. THE FREE STUDENT MATINEE PROGRAM PROVIDED 11 FREE STUDENT MATINEES OF REGULAR SEASON PRODUCTIONS, INCLUDING DR. SEUSS' HOW THE GRINCH STOLE CHRISTMAS!, WITH TOTAL ATTENDANCE OF 4,833 STUDENT AND THEIR TEACHERS. THE GLOBE'S TOURING PRODUCTION OF SHAKESPEARE'S TWELFTH NIGHT, WITH 28 PERFORMANCES WAS PERFORMED FOR 6,643 STUDENTS AT SCHOOLS THROUGHOUT SAN DIEGO COUNTY. THE GLOBE OFFERED AN AUTISM-FRIENDLY PERFORMANCE OF DR. SEUSS' HOW THE GRINCH STOLE CHRISTMAS! FOR A SECOND YEAR IN DECEMBER 2013, REACHING FAMILIES WITH CHILDREN ON THE AUTISM SPECTRUM. PROGRAMS ALSO INCLUDED THE SUMMER SHAKESPEARE INTENSIVE FOR HIGH SCHOOL STUDENTS, A MIDDLE SCHOOL CONSERVATORY, PROFESSIONAL DEVELOPMENT FOR TEACHERS AND TEACHING ARTISTS, AND LIFE-LONG LEARNING PROGRAMS SUCH AS COMMUNITY VOICES (A PLAYWRITING PROGRAM), INSIGHT SEMINARS, SUMMER SHAKESPEARE IN THE GARDEN, THE SPEAKER'S BUREAU, BEHIND-THE-SCENES TOURS AND FREE PUBLIC EVENTS. THE OLD GLOBE/UNIVERSITY OF SAN DIEGO'S MFA IN DRAMATIC ARTS PROGRAM, ONE OF THE TOP CLASSICAL TRAINING PROGRAMS FOR PROFESSIONAL ACTORS IN THE COUNTRY, CONTINUED FOR A 26TH YEAR, PROVIDING AN INTENSIVE COURSE OF STUDY IN CLASSICAL THEATRE FOR THE 14 GRADUATE STUDENTS WHO WERE ENROLLED IN THE TWO-YEAR PROGRAM. 18235321 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 285 0 1 644 1 1 1 0 0 0 0 1 1 0 0 0 0 X 47 44 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 CA X X X MARK SOMERS DIRECTOR OF FINANCE 6192311941 1363 OLD GLOBE WAY SAN DIEGO CA 92101 ANN STECK BOARD MEMBER 6.00 X 0 0 0 ANTHONY S THORNLEY VICE CHAIR - FINANCE & TRE 8.00 X X 0 0 0 SANDRA REDMAN BOARD MEMBER 4.00 X 0 0 0 VALERIE S COOPER BOARD MEMBER 2.00 X 0 0 0 KATHRYN HATTOX BOARD MEMBER 9.00 X 0 0 0 JOSEPH J COHEN BOARD MEMBER 3.00 X 0 0 0 MARY BETH ADDERLEY BOARD MEMBER 2.00 X 0 0 0 DONALD COHN IMMEDIATE PAST-CHAIR 8.00 X X 0 0 0 PETER J COOPER BOARD MEMBER 6.00 X 0 0 0 STEPHEN P EMBRY BOARD MEMBER 4.00 X 0 0 0 CONRAD PREBYS BOARD MEMBER 4.00 X 0 0 0 NICOLE CLAY BOARD MEMBER 2.00 X 0 0 0 PAMELA A FARR BOARD MEMBER 4.00 X 0 0 0 ANN DAVIES BOARD MEMBER 2.00 X 0 0 0 ELIZABETH ALTMAN BOARD MEMBER 2.00 X 0 0 0 VICTOR P GALVEZ BOARD MEMBER 4.00 X 0 0 0 ELAINE BENNETT DARWIN VICE CHAIR - NOMINATING 8.00 X X 0 0 0 SHEILA LIPINSKY BOARD MEMBER 2.00 X 0 0 0 HAROLD W FUSON JR CHAIR 15.00 X X 0 0 0 CRYSTAL SARGENT BOARD MEMBER 2.00 X 0 0 0 JO ANN KILTY BOARD MEMBER 6.00 X 0 0 0 DAPHNE JAMESON BOARD MEMBER 2.00 X 0 0 0 STEVEN J STUCKEY BOARD MEMBER 2.00 X 0 0 0 SILVIJA DEVINE BOARD MEMBER 2.00 X 0 0 0 KAREN FOX BOARD MEMBER 2.00 X 0 0 0 RHONA THOMPSON BOARD MEMBER 2.00 X 0 0 0 LINDA VAN VARK BOARD MEMBER 6.00 X 0 0 0 STACEY LEVASSEUR VASQUEZ BOARD MEMBER 2.00 X 0 0 0 DANIEL L SULLIVAN PHD BOARD MEMBER 2.00 X 0 0 0 TIM RAFALOVICH BOARD MEMBER 4.00 X 0 0 0 EVELYN MACK TRUITT BOARD MEMBER 2.00 X 0 0 0 DEBRA TURNER BOARD MEMBER 4.00 X 0 0 0 JORDINE VON WANTOCH BOARD MEMBER 4.00 X 0 0 0 PAM WAGNER BOARD MEMBER 2.00 X 0 0 0 MICHAEL G MURPHY MANAGING DIRECTOR 40.00 X X 216275 0 17556 PAMELA CESAK BOARD MEMBER 6.00 X 0 0 0 DEBBIE WILSON BOARD MEMBER 2.00 X 0 0 0 RAMIN POURTEYMOUR BOARD MEMBER 2.00 X 0 0 0 PAULA POWERS BOARD MEMBER 8.00 X 0 0 0 DAVID REAGAN BOARD MEMBER 4.00 X 0 0 0 LYNNE WHEELER BOARD MEMBER 2.00 X 0 0 0 JEAN SHEKHTER BOARD MEMBER 2.00 X 0 0 0 HARVEY WHITE SECRETARY 6.00 X X 0 0 0 JUNE YODER BOARD MEMBER 2.00 X 0 0 0 KARIN WINNER BOARD MEMBER 2.00 X 0 0 0 VICKI L ZEIGER BOARD MEMBER 8.00 X 0 0 0 BARRY EDELSTEIN ARTISTIC DIRECTOR 40.00 X X 213686 0 37081 ROBERT DRAKE DIRECTOR OF PRODUCTION 40.00 X 113359 0 12748 DAVID HENSON DIRECTOR OF MARKETING 40.00 X 161930 0 4321 TODD SCHULTZ DIRECTOR OF DEVELOPMENT 40.00 X 178089 0 13593 MARK SOMERS DIRECTOR OF FINANCE 40.00 X 118672 0 14731 1002011 0 100030 6 0 1 0 0 1303609 187190 472398 5256759 876691 7219956 ADMISSIONS 900099 11314647 11314647 ENHANCEMENT REVENUE 900099 2018719 2018719 OTHER REVENUE 900099 598079 598079 EDUCATIONAL PROGRAMS 611600 39875 39875 13971320 36204 36204 21657 21657 80391 53682 26709 26709 19965 6744 6539452 6527685 131618 11767 -131618 -119851 -119851 137155 1303609 526120 -388965 -388965 692897 290239 402658 402658 21169688 14373978 19965 -444211 128200 128200 1102041 460372 290070 351599 9300188 8002378 705046 592764 503459 475005 13865 14589 869300 760855 59319 49126 946786 803922 75266 67598 43914 16219 27695 73144 73144 52168 52168 1285887 1206159 79728 619009 618918 19 72 102037 41392 39289 21356 197113 5464 191649 516645 516645 353232 300342 52890 311768 286034 20589 5145 27485 10797 7077 9611 109960 109960 1633626 1323237 310389 612316 489804 105126 17386 ALL OTHER EXPENSES 1269300 912629 60050 296621 HOUSING, SETS, PROPS AN 1089462 1089462 ELECTRICS 442689 442689 BANK CHARGES 351466 344212 7254 282222 234838 47384 22223417 18235321 2502807 1485289 1671997 71998 6150688 7305266 11030926 11346448 317861 152402 118441 151225 819197 665223 44367821 16109563 29942597 28258258 392796 799398 861051 902814 51305554 49653032 993713 1023352 3459015 2967481 3481003 3340622 128529 102824 8062260 7434279 X 8971888 8722884 32337399 25737919 1934007 7757950 43243294 42218753 51305554 49653032 -1053729 29188 0 X 0 1 X 1 0 X 10040557 7155021 6890422 5973611 7273436 37333047 11965531 13422853 13574296 14519130 14479119 67960929 22006088 20577874 20464718 20492741 21752555 105293976 4203076 2146410 2467210 1781689 3570584 14168969 0 4203076 2146410 2467210 1781689 3570584 14168969 91125007 316642 180531 179543 187067 138252 1002035 -20799 69 399786 379056 295843 180600 579329 187067 138252 1381091 408213 221871 257586 220195 137155 1245020 22710144 20980345 21301633 20900003 22027962 107920087 0.84440 0.88500 0.01280 0.01620 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: SPECIAL EVENT REVENUE - 2009 AMOUNT: $ 408,213. 2010 AMOUNT: $ 221,871. 2011 AMOUNT: $ 257,586. 2012 AMOUNT: $ 220,195. 2013 AMOUNT: $ 137,155. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 403242 23885 10259 437386 367374 25260 10608 403242 348675 26800 -48 8053 367374 313477 25100 17950 7852 348675 259888 25000 37192 8603 313477 0.00000 1.00000 0.00000 1 0 1750000 1750000 4619593 1508050 3111543 33660169 10876690 22783479 4338059 3724823 613236 28258258 X 23662941 29188 248057 2216009 2493254 21169687 0 21169687 23379154 248057 907680 1155737 22223417 0 22223417 PART V, LINE 4: THE ORGANIZATION CONTINUES RAISING FUNDS DIRECTLY FOR THE ENDOWMENT WITH THE INTENT THAT A 5% MAXIMUM ANNUAL DRAW WILL COVER THE STRUCTURAL DEFICIT OF EARNED/CONTRIBUTED REVENUE AND EXPENSE NEEDED TO FULFILL ITS MISSION. PART X, LINE 2: THE OLD GLOBE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE OLD GLOBE MAY BE SUBJECT TO FEDERAL OR STATE INCOME TAXES ON UNRELATED BUSINESS INCOME. FOR EACH OF THE YEARS ENDED DECEMBER 31, 2013 AND 2012, NO PROVISION FOR SUCH TAXES IS REQUIRED. THE OLD GLOBE HAS NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF DECEMBER 31, 2013 AND 2012. THE OLD GLOBE FILES AN EXEMPT ORGANIZATION RETURN IN THE UNITED STATES FEDERAL JURISDICTION AND WITH THE FRANCHISE TAX BOARD IN THE STATE OF CALIFORNIA. THE OLD GLOBE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2011 FOR ITS FEDERAL FILINGS, AND FOR YEARS BEFORE 2010 FOR ITS STATE FILINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 526,120. COST OF GOODS SOLD 290,239. CONSOLIDATED ENDOWMENT REVENUE 1,502,644. RENTAL EXPENSE RECLASS 53,682. CONSOLIDATED ELIMINATION ENTRY -156,676. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 526,120. COST OF GOODS SOLD 290,239. CONSOLIDATED ENDOWMENT EXPENSES 194,315. RENTAL EXPENSE RECLASS 53,682. CONSOLIDATED ELIMINATION ENTRY -156,676. X X X X X X 1 BIDPAL INC 8425 WOODFIELD CROSSING BLVD SUITE INDIANAPOLIS IN 46240 GALA AUCTION 0 76401 15135 61266 76401 15135 61266 CA GALA 1303625 1166470 137155 295639 16 137139 137139 230481 1440764 1303609 137155 526120 526120 -388965 1 UNIVERSITY OF CALIFORNIA, SAN DIEGO, MASTERS OF ARTS PROGRAM 21 75950 FAIR MARKET VALUE N/A GLOBE HONORS SCHOLARSHIPS 7 7000 FAIR MARKET VALUE N/A COMMUNITY VOICES 151 45250 FAIR MARKET VALUE N/A PART I, LINE 2: GRANTS/STIPENDS ARE GIVEN TO GRADUATE STUDENTS IN AN MFA PROGRAM RUN JOINTLY BY THE UNIVERSITY OF SAN DIEGO AND OLD GLOBE THEATRE. THE STIPENDS' PURPOSE FOR MFA STUDENTS IS TO COVER A SMALL PORTION OF MONTHLY LIVING EXPENSES OVER A TWO YEAR COURSE. OLD GLOBE THEATRE ALSO GIVES SCHOLARSHIPS/FELLOWSHIPS TO THE WINNERS OF GLOBE HONORS, AN AWARDS PROGRAM THAT CELEBRATES THE BEST TALENT AMONG SAN DIEGO'S HIGH SCHOOLERS. THE SCHOLARSHIPS' PURPOSE FOR GLOBE HONORS WINNERS IS TO FURTHER THEIR STUDIES IN THEATRE. IN ADDITION, STIPENDS ARE GIVEN TO PARTICIPANTS OF THE COMMUNITY VOICES PROGRAM, A SERIES OF WORKSHOPS DEDICATED TO THE CREATION AND PRESENTATION OF SHORT PLAYS BY ADULT RESIDENTS OF SAN DIEGO COUNTY. THE STIPENDS' PURPOSE IS TO HELP COVER TRANSPORTATION EXPENSES THE PARTICIPANTS INCUR OVER THE COURSE OF THE WORKSHOPS. X X X X 0 0 0 0 0 0 0 0 0 MICHAEL G MURPHY MANAGING DIRECTOR 216275 0 0 0 0 0 6600 0 10956 0 233831 0 0 0 BARRY EDELSTEIN ARTISTIC DIRECTOR 213686 0 0 0 0 0 762 0 36319 0 250767 0 0 0 DAVID HENSON DIRECTOR OF MARKETING 161930 0 0 0 0 0 4258 0 63 0 166251 0 0 0 TODD SCHULTZ DIRECTOR OF DEVELOPMENT 178089 0 0 0 0 0 5374 0 8219 0 191682 0 0 0 PART I, LINE 4 A OLD GLOBE THEATRE 951543396 2010-08-12 3802430 REPAYMENT OF EXISTING NOTES PAYABLE 0 0 0 A 3802430 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 PART V: THE ORGANIZATION IS IN THE PROCESS OF FINALIZING WRITTEN POST ISSUANCE BOND PROCEDURES TO ENSURE THAT VIOLATIONS OF FEDERAL TAX REQUIREMENTS ARE TIMELY IDENTIFIED AND CORRECTED THROUGH THE VCAP PROGRAM IF SELF-REMEDIATION IS NOT AVAILABLE UNDER APPLICABLE REGULATIONS AND TO ENSURE THAT ALL NONQUALIFIED BONDS OF THE ISSUE ARE REMEDIATED IN ACCORDANCE WITH THE REQUIREMENTS UNDER REGULATIONS SECTIONS 1.141-12 AND 1.145-2. SANDRA REDMAN BOARD MEMBER 131532 INTEREST PAYMENTS ON MORTGAGE TO COMMERCIAL BANK IN WHICH BOARD MEMBER IS AN OFFICER OF SUCH BANK. 0 X 1 1200 QUOTED VALUE OF COST X 24000 QUOTED VALUE OF COST X 12 677642 AVG. PRICE DAY OF TRANSF X FOOD AND BEVE 10 89789 COST X JEWELRY FOR G 3 53695 QUOTED VALUE OF COST X DONATED TABLE 2 24460 QUOTED VALUE OF COST X EVENT TICKETS 3 4905 SALE OF COMPARABLE I X PORTRAIT SITT 1 1000 QUOTED VALUE OF COST 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES THIRD PARTIES TO SELL NON-CASH ITEMS AT AUCTION. THEY ALSO USE AN INVESTMENT BROKER TO SELL PUBLICALLY TRADED STOCK RECEIVED AS A CONTRIBUTION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CLASS OF MEMBERSHIP, WHICH DOES NOT ELECT MEMBERS OF THE GOVERNING BODY. SIGNIFICANT DECISIONS ARE MADE BY THE BOARD. NO ONE RECEIVES A SHARE OF THE ORGANIZATION'S PROFITS OR EXCESS DUES UPON DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS ONE CLASS OF MEMBERSHIP, WHO HAVE THE RIGHT TO ELECT OFFICERS AS PROPOSED TO THEM BY THE NOMINATING COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11 DIRECTOR OF FINANCE (CORPORATE OFFICER) AND TAX PREPARER COMPLETE 990, WHICH IS REVIEWED BY THE MANAGING DIRECTOR. AFTER MANAGEMENT'S APPROVAL OF THE 990, EACH MEMBER OF THE BOARD OF DIRECTORS IS PROVIDED ACCESS TO THE PUBLIC DISCLOSURE COPY OF THE 990 PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE OLD GLOBE IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IF A CONFLICT ARISES, THAT BOARD MEMBER CAN NOT VOTE ON THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE CONTRACTS FOR THE ARTISTIC AND MANAGING DIRECTORS ARE NEGOTIATED DIRECTLY WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THEIR PROCESS INCLUDES A PERSONNEL APPRAISAL, THE THEATRE COMMUNICATIONS GROUP SALARY SURVEY AND PEER DISCUSSION WITH BOARDS OF OTHER MAJOR PERFORMING ARTS INSTITUTIONS. THE MOST RECENT THREE-YEAR CONTRACTS COVER 1/1/13-12/31/15. A WRITTEN SUBSTANTIATION IS HELD IN THE FILES OF THE ORGANIZATION'S INDEPENDENT ATTORNEY. THE MANAGING DIRECTOR USES THE ORGANIZATION'S FORMAL APPRAISAL PROCESS, ON-GOING EVALUATIONS, AND COMPARABILITY INFORMATION FROM THE ANNUAL THEATRE COMMUNICATIONS GROUP SALARY SURVEY FOR EACH CORPORATE OFFICER AND/OR KEY EMPLOYEE. POSITIONS INCLUDE GENERAL MANAGER, DIRECTOR OF DEVELOPMENT, DIRECTOR OF MARKETING, AND DIRECTOR OF FINANCE. THIS ANNUAL PROCESS HAS BEEN IN PLACE SINCE YEAR-BEGINNING 2004. CONTEMPORANEOUS SUBSTANTIATION IS A FINAL NEW SALARIES DOCUMENT WHICH IS SIGNED BY THE MANAGING DIRECTOR AND GENERAL MANAGER, THEN FORWARDED TO HUMAN RESOURCES AND PAYROLL FOR IMPLEMENTATION. OUTSIDE THIS PROCESS, THE POSITION OF FESTIVAL ARTISTIC DIRECTOR HAS A MULTI-YEAR, NEGOTIATED CONTRACT, WITH SAME CRITERIA USED JOINTLY BY MANAGING DIRECTOR AND BOARD CHAIR. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. OLD GLOBE ENDOWMENT TRUST PO BOX 122171 SAN DIEGO CA 921122171 336125358 509(A)(3) SUPPORT ORGANIZATION OF OLD GLOBE CA 501(C)(3) 11A N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 GRANT FROM OLD GLOBE ENDOWMENT C 187190 BOARD APPROVED