OVERTURE CENTER FOUNDATION INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- OVERTURE CENTER FOUNDATION INC (EIN 01-0645482)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2013-12-18
- IRS object ID
- 201303529349300730
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-12-18T17:27:31-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390859910 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY VIRCHOW KRAUSE LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 E WISCONSIN AVENUE 32ND FLOOR | AddressLine1 |
| City | MILWAUKEE | City |
| State | WI | State |
| ZIP Code | 53202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010645482 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OVERTURE CENTER FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | OVER | NameControl |
| Phone | 6082584177 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 STATE STREET | AddressLine1 |
| City | MADISON | City |
| State | WI | State |
| ZIP Code | 53703 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TED DEDEE | Name |
| Title | PRESIDENT/CEO | Title |
| Phone | 6082584177 | Phone |
| Date Signed | 2013-12-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TROY E MARINE CPA | Name |
| PTIN | P00187863 | PTIN |
| Phone | 4147775500 | Phone |
| Date Prepared | 2013-12-18 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | TED DEDEE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 STATE STREET | AddressLine1 |
| City | MADISON | City |
| State | WI | State |
| ZIP Code | 53703 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 18286946 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.OVERTURECENTER.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2002 | YearFormation |
| State Legal Domicile | WI | StateLegalDomicile |
| Activity Or Mission Description | THE ORGANIZATION OPERATES THE OVERTURE CENTER FOR THE ARTS (THE CENTER), A PERFORMING AND VISUAL ARTS CENTER. ITS MISSION IS TO ENRICH THE LIVES OF INDIVIDUALS AND THE COMMUNITY BY CREATING, ENCOURAGING AND CATALYZING EXTRAORDINARY EXPERIENCES. THE OVERTURE CENTER PRESENTS A BROAD SPECTRUM OF HIGH QUALITY PERFORMING ARTS PROGRAMMING AND EDUCATIONAL OUTREACH PROGRAMS. THE CENTER RAISES FUNDS TO SUPPORT FREE AND LOW COST COMMUNITY PROGRAMS, AS WELL AS OTHER PROGRAMS AND INITIATIVES TO ADVANCE THE MISSION. TEN LOCAL PERFORMING ARTS COMPANIES ARE RESIDENT ORGANIZATIONS OF THE CENTER. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 338 | TotalNbrEmployees |
| Total Nbr Volunteers | 500 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3248237 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3268996 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5293909 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 15007277 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1305 | InvestmentIncomePriorYear |
| Investment Income Current Year | 10673 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 8543451 | TotalRevenuePriorYear |
| Total Revenue Current Year | 18286946 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2938499 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5974833 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 397651 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4444054 | OtherExpensePriorYear |
| Other Expenses Current Year | 11637966 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 7382553 | TotalExpensesPriorYear |
| Total Expenses Current Year | 17612799 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1160898 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 674147 | RevenuesLessExpensesCY |
| Total Assets BOY | 6958357 | TotalAssetsBOY |
| Total Assets EOY | 6641904 | TotalAssetsEOY |
| Total Liabilities BOY | 5198066 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4083169 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1760291 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2558735 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | OVERTURE CENTER FOR THE ARTS ENRICHES THE LIVES OF INDIVIDUALS AND THE COMMUNITY BY CREATING, ENCOURAGING AND CATALYZING EXTRAORDINARY EXPERIENCES. THE CENTER PRESENTS A BROAD SPECTRUM OF HIGH QUALITY PROGRAMMING; DEVELOP AUDIENCES FOR THE ARTS THROUGH HIGH-QUALITY OUTREACH AND PROGRAMMING; ADVANCE THE MISSION OF RESIDENT ORGANIZATIONS; ADVOCATE FOR THE DEVELOPMENT OF THE ARTS IN THE COMMUNITY; PROVIDE A WORLD-CLASS FORUM FOR DIVERSE ARTISTIC EXPRESSION. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 13620120 | Expense |
| Revenue | 14040632 | Revenue |
| Description | OVERTURE CENTER HOSTED HUNDREDS OF TICKETED EVENTS WITH OUR BOX OFFICE SELLING MORE THAN 329,000 TICKETS. OVERTURE CENTER PRESENTED A WIDE VARIETY OF ARTISTIC OFFERINGS THAT PATRONS WOULD NOT OTHERWISE HAVE THE OPPORTUNITY TO EXPERIENCE IN MADISON, RANGING FROM UP-AND-COMING DANCE COMPANIES TO CHILDREN'S THEATER PERFORMANCES TO NATIONALLY TOURING BROADWAY MEGA-HITS. IN FULFILLING ITS MISSION OF ACCESS TO THE ARTS, OVERTURE STRIVES TO KEEP TICKET PRICES AFFORDABLE; THE AVERAGE TOP TICKET PRICE FOR NON-BROADWAY PERFORMANCES WAS UNDER $40. ADDITIONALLY, OVERTURE SUBSIDIZES AND SUPPORTS THE WORK OF TEN LOCAL, NONPROFIT RESIDENT ARTS COMPANIES WHO SOLD OVER 102,500 TICKETS TO THEIR PERFORMANCES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1184302 | Expense |
| Revenue | 350474 | Revenue |
| Description | OVERTURE CENTER FULFILLS THE CORE OF ITS MISSION THROUGH FOURTEEN COMMUNITY ENGAGEMENT AND EDUCATION PROGRAMS. AS A RESULT OF THESE PROGRAMS LAST YEAR, OVER 116,000 PEOPLE SAW A FREE PERFORMANCE OR VISUAL EXHIBIT. THE PROGRAMS INCLUDED OVERTURE ONSTAGE THAT ATTRACTED MORE THAN 25,000 ELEMENTARY AND HIGH SCHOOL STUDENTS TO DAYTIME PERFORMANCES DURING THE SCHOOL YEAR; KIDS IN THE ROTUNDA THAT ATTRACTED MORE THAN 36,000 KIDS AND PARENTS TO FREE PERFORMANCES; AND COMMUNITY ARTS ACCESS THAT ATTRACTED OVER 24,000 VISITORS TO PERFORMANCES BY LOCAL ARTISTS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 961103 | Expense |
| Revenue | 616171 | Revenue |
| Description | VARIOUS UNIQUE SPACES WITHIN OVERTURE CENTER ARE AVAILABLE FOR RENT TO THE PUBLIC TO HOLD SPECIAL EVENTS AND MEETINGS. OVERTURE'S NATURE AS A COMMUNITY ARTS CENTER PROVIDES FOR THE KIND OF EXPERIENCE UNAVAILABLE AT OTHER EVENT VENUES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 15765525 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 62 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 338 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 0 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | WI | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TED DEDEE CEO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6082584177 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 STATE STREET | AddressLine1 |
| City | MADISON | City |
| State | WI | State |
| ZIP Code | 53703 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| BETTY HARRIS CUSTER | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| BILL JOHNSTON | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| BRIAN BUTLER | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| CHARLES SAEMAN | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| DEIRDRE GARTON | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | X |
| DIANNE CHRISTENSEN | ||||||
| VICE CHAIR | 1.00 | X | 0 | 0 | 0 | X |
| DICK KEINTZ | ||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | X |
| GREG DOMBROWSKI | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JIM BURGESS | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JIM IMHOFF | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JOE SENSENBRENNER | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| KEVIN CONROY | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| LINDA BALDWIN | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| LON SPRECHER | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MIKE VERVEER | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| PABLO SANCHEZ | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| RICHARD DAVIS | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| ROBERTA GASSMAN | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| RUSSELL BETTS | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| TOM BASTING | ||||||
| CHAIR | 1.00 | X | 0 | 0 | 0 | X |
| TOM TERRY | ||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |
| CHRIS BAUMAN | ||||||
| VICE PRESIDENT/CFO | 40.00 | 70509 | 0 | 14202 | X | |
| TED DEDEE | ||||||
| PRESIDENT/CEO | 40.00 | 137823 | 0 | 13763 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 208332 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 27965 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MUNCHKINLAND PRODUCTIONS | |||||
| 321 W 44TH STREET SUITE 801 | NEW YORK | NY | 10036 | PERFORMING ARTS SHOW - TOURING COMPANY | 2238154 |
| JB NATIONAL TOUR LP DODGERS PORPERTIES | |||||
| 311 W 43RD STREET | NEW YORK | NY | 10036 | PERFORMING ARTS SHOW - TOURING COMPANY | 1605470 |
| KEY BRAND THEATER GROUP | |||||
| 1619 BROADWAY 9TH FLOOR | NEW YORK | NY | 10019 | PERFORMING ARTS SHOW - TOURING COMPANY | 850606 |
| MP TOURING COMPANY | |||||
| 7135 MINSTREL WAY SUITE 105 | COLUMBIA | MD | 21045 | PERFORMING ARTS SHOW - TOURING COMPANY | 532577 |
| WEST SIDE TOURING LLC | |||||
| 818 WEST DIAMOND AVENUE SUITE 250 | GAITHERSBURG | MD | 20878 | PERFORMING ARTS SHOW - TOURING COMPANY | 461434 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 16 | NumberOfContractorsGT100K |
| Government Grants | 1800000 | GovernmentGrants |
| All Other Contributions | 1468996 | AllOtherContributions |
| Noncash Contributions | 67400 | NoncashContributions |
| Total Contributions | 3268996 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TICKET SALES AND FEES | 711190 | 12480776 | 12480776 |
| FACILITY RENTALS AND SERVICES | 711190 | 1689439 | 1689439 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 837062 | TotalRevenueColumn |
| Related Or Exempt Function Income | 837062 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 15007277 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10673 | TotalRevenueColumn |
| Exclusion | $10,673 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18286946 | TotalRevenueColumn |
| Related Or Exempt Function Income | 15007277 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $10,673 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 151585 | Total |
| Management And General | 151585 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4579310 | Total |
| Program Services | 3870996 | ProgramServices |
| Management And General | 466545 | ManagementAndGeneral |
| Fundraising | 241769 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94882 | Total |
| Management And General | 94882 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 718254 | Total |
| Program Services | 612385 | ProgramServices |
| Management And General | 57135 | ManagementAndGeneral |
| Fundraising | 48734 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 430802 | Total |
| Program Services | 361631 | ProgramServices |
| Management And General | 48590 | ManagementAndGeneral |
| Fundraising | 20581 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 699487 | Total |
| Program Services | 542697 | ProgramServices |
| Management And General | 155159 | ManagementAndGeneral |
| Fundraising | 1631 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1056180 | Total |
| Program Services | 1004096 | ProgramServices |
| Management And General | 21906 | ManagementAndGeneral |
| Fundraising | 30178 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 129877 | Total |
| Program Services | 90780 | ProgramServices |
| Management And General | 38243 | ManagementAndGeneral |
| Fundraising | 854 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 629967 | Total |
| Program Services | 373033 | ProgramServices |
| Management And General | 256308 | ManagementAndGeneral |
| Fundraising | 626 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1065805 | Total |
| Program Services | 1012515 | ProgramServices |
| Management And General | 42632 | ManagementAndGeneral |
| Fundraising | 10658 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77332 | Total |
| Program Services | 59879 | ProgramServices |
| Management And General | 14836 | ManagementAndGeneral |
| Fundraising | 2617 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2149 | Total |
| Management And General | 2149 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 155568 | Total |
| Program Services | 152456 | ProgramServices |
| Management And General | 2334 | ManagementAndGeneral |
| Fundraising | 778 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 170752 | Total |
| Program Services | 151969 | ProgramServices |
| Management And General | 17075 | ManagementAndGeneral |
| Fundraising | 1708 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| ARTIST & PERFORMANCE FE | 7348155 | 7346530 | 1625 | |
| CATERING/FOOD/BEVERAGE | 158409 | 117314 | 34737 | 6358 |
| PERMITS/LICENSES | 63954 | 63954 | ||
| RESALE MERCHANDISE | 29098 | 29098 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51233 | Total |
| Program Services | 5290 | ProgramServices |
| Management And General | 44788 | ManagementAndGeneral |
| Fundraising | 1155 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17612799 | Total |
| Program Services | 15765525 | ProgramServices |
| Management And General | 1449623 | ManagementAndGeneral |
| Fundraising | 397651 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3391220 | BOY |
| EOY | 3042640 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1195326 | BOY |
| EOY | 973761 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241088 | BOY |
| EOY | 400260 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 258343 | BOY |
| EOY | 203859 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1846936 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1021993 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 736904 | BOY |
| EOY | 824943 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1135476 | BOY |
| EOY | 1196441 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6958357 | BOY |
| EOY | 6641904 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 760310 | BOY |
| EOY | 1012800 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4172849 | BOY |
| EOY | 2877629 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 264907 | BOY |
| EOY | 192740 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5198066 | BOY |
| EOY | 4083169 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -715077 | BOY |
| EOY | 222339 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1645368 | BOY |
| EOY | 1491396 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 830000 | BOY |
| EOY | 845000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1760291 | BOY |
| EOY | 2558735 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6958357 | BOY |
| EOY | 6641904 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 674147 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 124297 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 580414 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 849756 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1209729 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3248237 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3268996 | CurrentTaxYear |
| Total | 9157132 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 15007277 | CurrentTaxYear |
| Total | 15007277 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 580414 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 849756 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1209729 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3248237 | CurrentTaxYearMinus1Year |
| Current Tax Year | 18276273 | CurrentTaxYear |
| Total | 24164409 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 24164409 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7406 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8395 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2831 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1305 | CurrentTaxYearMinus1Year |
| Current Tax Year | 10673 | CurrentTaxYear |
| Total | 30610 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7406 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8395 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2831 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1305 | CurrentTaxYearMinus1Year |
| Current Tax Year | 10673 | CurrentTaxYear |
| Total | 30610 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 587820 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 858151 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1212560 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3249542 | CurrentTaxYearMinus1Year |
| Current Tax Year | 18286946 | CurrentTaxYear |
| Total | 24195019 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99870 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.99170 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00130 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00830 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1135476 | BeginningOfYearBalance |
| Contributions | 15000 | Contributions |
| Investment Earnings Or Losses | 123228 | InvestmentEarningsOrLosses |
| Other Expenditures | 63332 | OtherExpenditures |
| Administrative Expenses | 13931 | AdministrativeExpenses |
| End Of Year Balance | 1196441 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | 1174403 | Contributions |
| Investment Earnings Or Losses | 47582 | InvestmentEarningsOrLosses |
| Other Expenditures | 79662 | OtherExpenditures |
| Administrative Expenses | 6847 | AdministrativeExpenses |
| End Of Year Balance | 1135476 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.71000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.29000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1743060 | OtherCostOrOtherBasis |
| Depreciation | 1021993 | Depreciation |
| Book Value | 721067 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 103876 | OtherCostOrOtherBasis |
| Book Value | 103876 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 824943 | TotalOfBookValueLandBuildings |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 18286946 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 18286946 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 18286946 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 17612799 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 17612799 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 17612799 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 1A: | THE AUDUBON ENGRAVINGS COLLECTION OCF HOLDS, FEATURES 24 ORIGINAL JOHN JAMES AUDUBON ENGRAVINGS DONATED BY DR. RICHARD B. ANDERSON. THE COLLECTION WAS ACQUIRED THROUGH DONATIONS SINCE THE ORGANIZATION'S INCEPTION, AND IS NOT RECOGNIZED AS AN ASSET ON THE STATEMENT OF FINANCIAL POSITION. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES, IF APPLICABLE, WOULD BE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. NO COLLECTION ITEMS WERE DEACCESSIONS IN 2012 OR 2013. | |
| PART III, LINE 4: | AS DR. RICHARD ANDERSON (OCF COLLECTION DONATOR) SAID, "THE AUDUBON ENGRAVINGS CALL TO THE VIEWER TO UNDERSTAND THE ENVIRONMENTAL ETHIC THAT SO THOROUGHLY MOTIVATED AUDUBON. HE AFFECTED SOCIETY WITH HIS ART WORK SO WE MUST EACH INFLUENCE SOCIETY WITH OUR SERVICE. THE COMPELLING MESSAGE EMBODIED WITH EACH ORIGINAL ENGRAVING: NO MATTER HOW HARD WE WORK OR STUDY, WE MUST FIND TIME TO EXERCISE OUR SOCIAL RESPONSIBILITY. THIS IS A MESSAGE THE ART CARRIES - OF CONSERVATION AND PUBLIC TRUST." THEY FURTHER OCF'S EXEMPT PURPOSE IN PROVIDING ANOTHER MEANS OF ENGAGING THE COMMUNITY IN THE ARTS THROUGH A BROAD SPECTRUM OF ARTISTIC ALTERNATIVES. | |
| PART X, LINE 2: | IN ACCORDANCE WITH THE ACCOUNTING STANDARD ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, OVERTURE CENTER FOUNDATION, INC. AND OVERTURE DEVELOPMENT CORPORATION, INC. ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, A TAX BENEFIT MAY BE RECOGNIZED FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERIT OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE TAX EXEMPT STATUS AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THERE WERE NO SIGNIFICANT UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES DURING FISCAL YEAR 2013. OPEN TAX YEARS SUBJECT TO EXAMINATION BY THE U.S. AND STATE TAXING AUTHORITIES ARE FOR THE YEARS 2009 TO 2012, WHICH STATUTES EXPIRE IN 2013 TO 2016, RESPECTIVELY. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TED DEDEE | NamePerson |
| Title | PRESIDENT/CEO | Title |
| Base Compensation Filing Org | 135127 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 2696 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 3508 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 10255 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 151586 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 67400 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | GROSS STOCK SALE VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | FOUR STOCK CONTRIBUTIONS WERE RECEIVED FROM THREE INDIVIDUALS IN FISCAL YEAR 2012-13 AS FOLLOWS: FIVE SHARES OF BANK OF MONTREAL SECURITIES WERE RECEIVED IN MAY 2013 AT $62.36/SHARE, FROM A DONOR. GROSS PROCEEDS WERE $311.80 LESS INVESTMENT FEES OF $45, NETTING $266.80 RECEIVED BY OVERTURE. AT THE SAME TIME IN MAY 2013, 139 SHARES OF FIS SECURITIES WERE RECEIVED AT $42.431/SHARE, ALSO FROM THE SAME DONOR. GROSS PROCEEDS WERE $5,897.91 LESS INVESTMENT FEES OF $53.14, NETTING $5,844.77 RECEIVED BY OVERTURE. 499 SHARES OF KIMBERLY CLARK CORP. SECURITIES WERE RECEIVED IN APRIL 2013 AT $102.074/SHARE, FROM ANOTHER DONOR. GROSS PROCEEDS WERE $50,934.93 LESS INVESTMENT FEES OF $152.15, NETTING $50,782.78 RECEIVED BY OVERTURE. 645 SHARES OF HARDING LOENVER INTL EQUITY INSTL CL WERE RECEIVED IN DECEMBER 2012 AT $15.90 PER SHARE FROM A THIRD DONOR. GROSS PROCEEDS WERE $10,255.50 LESS INVESTMENT FEES OF $45, NETTING $10,210.50 RECEIVED BY OVERTURE. TOTAL GROSS PROCEEDS FROM STOCK CONTRIBUTIONS EQUAL $67,400.14. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION FOR NOT FILING FORM 990-T | FORM 990, PART V, LINE 3B | THE ORGANIZATION JUST RECENTLY DETERMINED A 2012 990-T FILING IS NECESSARY. IT HAS NOT YET BEEN FILED BUT IS IN PROCESS. |
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE, WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, ALL OF THE POWERS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION, WITH THE EXCEPTION THAT IT MAY NOT ELECT OFFICERS OR FILL VACANCIES ON THE BOARD OR COMMITTEES. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MAYOR OF THE CITY OF MADISON MAY APPOINT AT LEAST THREE (3) DIRECTORS TO THE BOARD. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE CEO AND THE FINANCE COMMITTEE REVIEW THE 990 AT A REGULARLY SCHEDULED MEETING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | MEMBERS ARE REQUIRED TO SIGN AN ANNUAL DISCLOSURE UPDATE WHICH IS GIVEN TO THE GOVERNANCE COMMITTEE. BOARD MEMBERS ARE REQUIRED TO DISCLOSE DURING THE YEAR ANY POTENTIAL CONFLICTS OF INTEREST THAT THEY MAY HAVE OR BELIEVE MAY EXIST WITH ANOTHER BOARD MEMBER TO THE GOVERNANCE COMMITTEE. THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR INVESTIGATING AND PROVIDING A RECOMMENDATION THE BOARD CHAIR. LEGAL COUNSEL MAY BE CONTACTED TO PROVIDE GUIDANCE AND ADVICE AS NEEDED. | |
| FORM 990, PART VI, SECTION B, LINE 15A | WHEN THE PRESIDENT WAS HIRED, THE BOARD ESTABLISHED A SEARCH COMMITTEE TO FACILITATE THE HIRING PROCESS. A SEARCH FIRM WAS HIRED TO ASSIST IN THE RECRUITMENT PROCESS. THE SEARCH FIRM PROVIDED COMPARABILITY DATA TO THE COMMITTEE. THE SEARCH COMMITTEE RECOMMENDED A COMPENSATION RANGE TO THE BOARD OF DIRECTORS. THE PRESIDENT HAS RECEIVED NO WAGE INCREASE SINCE BEING HIRED. | |
| FORM 990, PART VI, SECTION C, LINE 19 | AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S PUBLIC WEBSITE. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S BUSINESS OFFICE. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OVERTURE DEVELOPMENT CORPORATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 STATE STREET | AddressLine1 |
| City | MADISON | City |
| State | WI | State |
| ZIP Code | 53703 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | SUPPORTING ORGANIZATION | PrimaryActivities |
| Legal Domicile State | WI | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 11A, I | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OVERTURE CENTER FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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