2013-08-14T14:15:28-05:00 2012-09-30 381357951 PLANTE & MORAN PLLC 111 E COURT ST SUITE 1A FLINT MI 485021647 990 2011-10-01 382269013 MICHIGAN THEATRE FOUNDATION INC MICH 7346688397 603 EAST LIBERTY ANN ARBOR MI 48104 RUSSELL B COLLINS 7346688397 2013-08-14 1 TADD HARBURN P00099166 8107675350 2011 2016-02-25 16:41:14Z RUSSELL B COLLINS 603 EAST LIBERTY ANN ARBOR MI 48104 4664038 0 X WWW.MICHTHEATER.ORG X 1979 MI MULTIDISCIPLINARY PERFORMING ARTS CENTER INCLUDING THE PRESENTATION OF LIVE SHOWS, INDEPENDENT FILM, AND THEATER PERFORMANCES WHICH SUPPORT THE OPERATION, PRESERVATION AND RESTORATION OF THE HISTORIC MICHIGAN THEATER. 19 18 147 400 -21951 -21951 1206609 2066613 1778167 2207410 3847 3715 119570 190546 3108193 4468284 0 0 0 0 1410959 1562808 0 0 422550 1575612 1788399 2986571 3351207 121622 1117077 8174836 8700772 1618985 1027844 6555851 7672928 TO PRESERVE, RESTORE AND OPERATE THE HISTORIC MICHIGAN THEATER FOR THE BENEFIT OF THE COMMUNITY AND THE ARTS. 0 0 2546081 2247564 OPERATION, MAINTENANCE AND RESTORATION OF THE MICHIGAN THEATRE FOR THE BENEFIT OF THE COMMUNITY AND THE ARTS. 120581 172343 TO HOST ANNUAL SEMINAR FOR EXECUTIVES OF HISTORIC THEATRES WHICH INCLUDES OVER 300 PARTICIPANTS FROM AROUND NORTH AMERICA. 2666662 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 13 0 1 147 1 1 1 0 0 0 0 1 1 0 0 0 0 X 19 18 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 0 1 0 0 MI X RUSSELL COLLINS ANDOR CHRIS TABACZKA 7346688397 603 EAST LIBERTY STREET ANN ARBOR MI 48104 ALEC ALLEN 1.00 X X 0 0 0 VICTOR STRECHER 1.00 X X 0 0 0 JEAN ROWAN 1.00 X X 0 0 0 RUSSELL B COLLINS 40.00 X X 99597 0 12873 LESLIE BASH 1.00 X 0 0 0 LOUIS CALLAWAY 1.00 X 0 0 0 SUSAN CORAN 1.00 X 0 0 0 LESLIE DESMOND 1.00 X 0 0 0 RUTH ROBY GLANCY 1.00 X 0 0 0 MIKE HAMMER 1.00 X 0 0 0 JOHN HIEFTJE 1.00 X 0 0 0 JAMES KIRK 1.00 X 0 0 0 JIM MURRAY 1.00 X 0 0 0 HILLARY MURT 1.00 X 0 0 0 ELIZABETH PALMS 1.00 X 0 0 0 SULTAN SHARRIEF 1.00 X 0 0 0 JAMES STERKEN 1.00 X 0 0 0 MARGIE TEALL 1.00 X 0 0 0 FRANCES TODORO-HARGREAVES 1.00 X 0 0 0 DONALD HARRISON 1.00 X 0 0 0 NEWCOMBE CLARK 1.00 X 0 0 0 C WENDELL DUNBAR 1.00 X 0 0 0 PHILLIP RHODES 1.00 X 0 0 0 CHRISTINA TABACZKA 40.00 X 68754 0 5042 168351 0 17915 1 0 0 0 0 273110 10000 1783503 27913 2066613 FILMS 512000 856105 856105 THEATRE RENTAL FEES 532000 396404 396404 MEMBERSHIP 711110 359810 359810 LIVE EVENTS 711110 307953 307953 RESTORATION FEES 561700 201904 201904 85234 85234 2207410 3796 3796 65051 87002 -21951 -21951 -21951 11518 11599 -81 -81 -81 309650 97153 212497 212497 4468284 2419907 -21951 3715 201290 50341 100597 50352 1140375 935108 34211 171056 73606 72436 195 975 28877 23679 866 4332 118660 97301 3560 17799 1980 1782 198 21486 19337 2149 796 716 80 4101 3568 533 27486 18416 5497 3573 151037 116298 15104 19635 34331 11329 11329 11673 280323 252291 28032 50333 38757 5033 6543 FILM EXPENSES 576216 576216 MEMBER BENEFITS 170691 170691 ART HOUSE CONVERGENCE 120581 120581 FUNDRAISING 108303 108303 240735 157815 55144 27776 3351207 2666662 261995 422550 58044 116747 109307 121045 763400 1158404 79680 82009 6596 13530 12298 18043 9917355 4128091 5983192 5789264 1162319 1401730 8174836 8700772 131192 171132 871223 271915 612370 580597 4200 4200 1618985 1027844 X 5609451 5619640 946400 2053288 6555851 7672928 8174836 8700772 1117077 0 X X 0 1 1 X 0 X 984914 1030497 1184901 1206609 2066613 6473534 1402235 1550808 1761978 2015879 2517060 9247960 2387149 2581305 2946879 3222488 4583673 15721494 20394 29640 258617 308651 0 20394 29640 258617 308651 15412843 125216 77391 60499 67293 68847 399246 125216 77391 60499 67293 68847 399246 2512365 2658696 3007378 3289781 4652520 16120740 0.95610 0.96390 0.02480 0.03150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 148100 148100 839234 7958193 3480715 5316712 16192 944436 647376 313252 11200 11200 5789264 BOARD DESIGNATED CASH RESERVE 1401730 1401730 DEPOSITS 4200 4200 4468284 3351207 1117077 1117077 4575075 19789 19789 4555286 -87002 -87002 4468284 3457998 19789 87002 106791 3351207 0 3351207 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION AND HAS BEEN GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). THE INTERNAL REVENUE SERVICE HAS CLASSIFIED THE FOUNDATION AS ONE THAT IS NOT A PRIVATE FOUNDATION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT, AS OF SEPTEMBER 30, 2012 AND 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO THE 2008 FISCAL YEAR. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B -87,002. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 87,002. X 4 11599 FAIR MARKET VALUE X 3 8713 FAIR MARKET VALUE X OFFICE & OTHER SUPPLIES 6 7601 FAIR MARKET VALUE 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 PER ARTICLE III SECTION 2, ANY PERSON WHO DEMONSTRATES AN INTEREST IN THE PURPOSES OF THE CORPORATION AND WHO IS CURRENT IN PAYMENT OF DUES TO THE CORPORATION AS THEY ARE ESTABLISHED FROM TIME TO TIME BY THE BOARD OF TRUSTEES SHALL BE A MEMBER IN GOOD STANDING OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A PER ARTICLE III SECTION 3, A PERSON, COUPLE, FAMILY, OR ANY OTHER LEGAL ENTITY WHO IS A MEMBER IN GOOD STANDING IS ALLOWED ONE VOTE AT ANY ANNUAL OR SPECIAL MEETING OF MEMBERS. ANY INDIVIDUAL VOTING AS A MEMBER MUST HAVE ATTAINED AT LEAST EIGHTEEN YEARS OF AGE. PER ARTICLE IV SECTION 2, TRUSTEES SHALL NORMALLY BE ELECTED AT THE ANNUAL MEETING OF MEMBERS OF THE CORPORATION BY A MAJORITY VOTE OF THE MEMBERS ATTENDING. FORM 990, PART VI, SECTION B, LINE 11 REVIEWED BY THE DIRECTOR OF FINANCE AND THE CEO BASED ON THE YEAR END AUDIT AND OTHER CONTEMPORANEOUS DOCUMENTATION. FORM 990, PART VI, SECTION B, LINE 12C BOARD AGENDA IS MONITORED BY EXECUTIVE MANAGEMENT TO ENSURE THAT ANY POTENTIAL BOARD CONFLICT OF INTEREST WITH REGARD TO AGENDA ITEMS AND VOTES ARE DISCLOSED DURING THE BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15A USE OF COMPARABILITY DATA AND DOCUMENTED BY EXECUTIVE COMMITTEE, APPROVED BY THE BOARD. LAST PERFORMED IN 2011. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST, EITHER IN PERSON OR BY ANY OTHER METHOD OF COMMUNICATION. OVERSIGHT PROCESS OF AUDIT OF FINANCIAL STATEMENTS FORM 990, PART XI, LINE 2C NO CHANGE FROM PRIOR YEAR REGARDING THE COMMITTEE OVERSIGHT PROCESS.