2013-05-10T14:14:49-05:00 2012-12-31 920088037 MIKUNDA COTTRELL & CO CPA'S 3601 C STREET SUITE 600 ANCHORAGE AK 99503 990 2012-01-01 920120733 ALASKA CENTER FOR THE PERFORMING ARTS ALAS 9072632900 621 WEST 6TH AVENUE ANCHORAGE AK 99501 NANCY HARBOUR 9072632900 2013-04-24 1 KEY E GETTY CPA P00121200 9072788878 2013-04-24 2012 2016-02-24 21:20:13Z NANCY HARBOUR 621 WEST 6TH AVENUE ANCHORAGE AK 99501 3030627 0 X WWW.MYALASKACENTER.COM X 1987 AK SEE SCHEDULE O 27 27 119 375 0 0 1297993 1446711 1266899 1400375 108289 130165 37243 53376 2710424 3030627 0 0 0 0 1727206 1583409 0 0 0 1325907 1165346 3053113 2748755 -342689 281872 2362291 2643031 1585470 1584338 776821 1058693 X ALASKA CENTER FOR THE PERFORMING ARTS, INC. IS AN ORGANIZATION FOUNDED TO OPERATE, PROMOTE AND MAINTAIN A 4-THEATER COMPLEX WHICH SERVES AS A SOCIAL AND CULTURAL MEETING PLACE FOR ALL ALASKAN RESIDENTS, THE VISITING PUBLIC AND PERFORMING ARTS PRESENTERS AND PRODUCERS. IN ADDITION, IT PROMOTES THE ARTISTIC ENDEAVORS OF ALL CENTER USERS AND PRESENTS SPECIAL EVENTS WHICH COMPLEMENT OTHER ACTIVITIES AND ENRICH THE ANCHORAGE COMMUNITY. 0 0 1929589 1386135 THERE WERE 905 RENTAL DAYS AND 602 PUBLIC AND PRIVATE EVENTS HELD DURING THE YEAR AT THE ALASKA CENTER FOR THE PERFORMING ARTS. DURING 2012, OVER 266,205 PATRONS ATTENDED THESE EVENTS. 1929589 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 119 1 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X X THE FORAKER GROUP 9077431200 161 KLEVIN STREET SUITE 101 ANCHORAGE AK 99508 GRETCHEN CUDDY 1.00 X 0 0 0 DEBBY SEDWICK 1.00 X 0 0 0 MARCUS HOLMQUIST 1.00 X 0 0 0 MICKY BECKER 1.00 X 0 0 0 TOM BUSKIRK 1.00 X 0 0 0 SHAWN BECK 1.00 X 0 0 0 MARY ANN MOLITOR 1.00 X 0 0 0 JOHN TRACY 1.00 X 0 0 0 SHANE LANGLAND 1.00 X 0 0 0 LEE HOLMES 1.00 X 0 0 0 DAVID MOELLER 1.00 X 0 0 0 LOREN LOUSBURY 1.00 X 0 0 0 BOB KLEIN 1.00 X 0 0 0 AMY FREDEEN 1.00 X 0 0 0 JENNIFER ALEXANDER 1.00 X 0 0 0 SUZANNE CHEROT 1.00 X 0 0 0 HENRY PENNEY 1.00 X 0 0 0 BILL MEHNER 1.00 X 0 0 0 RAJ BHARGAVA 1.00 X 0 0 0 PATRICIA LINTON 1.00 X 0 0 0 JOAN BANTZ 1.00 X 0 0 0 KIM FRASER 1.00 X 0 0 0 COLLIN MIDDLETON 1.00 X 0 0 0 SUSAN KRUSE 1.00 X 0 0 0 SUSAN LUETTERS 1.00 X 0 0 0 DICK ROSSTON 1.00 X 0 0 0 KATY SPANGLER 1.00 X 0 0 0 NANCY HARBOUR 40.00 X 107460 0 23082 JULIE MILLINGTON 40.00 X 81000 0 20893 188460 0 43975 1 0 0 0 0 1247645 199066 1446711 TICKET OFFICE REVENUE 711190 681063 681063 FACILITY RENTAL 711190 512211 512211 PRODUCTION SERVICES IN 711190 77155 77155 MERCHANDISE COMMISSION 453220 39011 39011 CONCESSIONS INCOME 722210 28605 28605 62330 62330 1400375 130165 130165 53376 0 53376 53376 53376 3030627 1386135 0 197781 232435 232435 986393 939006 47387 54065 54065 190683 190361 322 119833 99361 20472 38920 38920 108580 6079 102501 8574 8574 114322 34029 80293 74836 47769 27067 294667 279600 15067 17864 5450 12414 66840 27427 39413 MOA RESERVE TRANSFER 137697 17682 120015 REPAIRS & MAINTENANCE 136170 132151 4019 MISCELLANEOUS EXPENSE 131616 132460 -844 STAFF & DONOR APPRECIAT 31943 14897 17046 3317 3317 2748755 1929589 819166 0 5472 1924897 2105457 44444 15689 58540 68004 334410 448409 2362291 2643031 404129 889769 3300 453616 1178041 240953 1585470 1584338 X 0 0 0 0 776821 1058693 776821 1058693 2362291 2643031 281872 0 X X 0 1 X 1 0 X 1405020 1302591 1358617 1297993 1446711 6810932 1405020 1302591 1358617 1297993 1446711 6810932 6810932 41934 91935 79964 108289 183541 505663 42985 6410 49847 37243 136485 7453080 6894136 0.91380 0.91980 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS RENTS - 2008 AMOUNT: $ 42,398. 2010 AMOUNT: $ 44,057. 2011 AMOUNT: $ 37,243. SPECIAL EVENT REVENUE - 2008 AMOUNT: $ 587. 2009 AMOUNT: $ 6,410. 2010 AMOUNT: $ 5,790. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 188355 -703 187652 188340 15 188355 188242 98 188340 187949 293 188242 59296 127042 1611 187949 1.00000 0 0 0 RESTRICTED DEPOSIT-MOA RESERVE 321367 FABERGE EGG COLLECTION 127042 448409 TICKET SURCHARGES PAYABLE 188459 USER DEPOSITS 52494 240953 3038953 8326 8326 3030627 0 3030627 2757081 8326 8326 2748755 0 2748755 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION INTENDS TO INVEST ITS ENDOWMENT FUNDS. AFTER THE INVESTMENT GROWS TO A SUBSTANTIAL AMOUNT, THE FUNDS WILL BE USED TO ALLOW AND ENCOURAGE MORE ARTISTIC EVENTS BY COVERING RENT EXPENSES OR AVOIDING RENTAL INCREASES TO RESIDENT COMPANIES. FORM 990, PART IV, LINE 11F: THE ORGANIZATION APPLIES THE PROVISIONS OF TOPIC 740 OF THE FASB ACCOUNTING STANDARDS CODIFICATION RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION ANNUALLY REVIEWS ITS RETURN AND POSITIONS TAKEN IN ACCORDANCE WITH THE RECOGNITION STANDARDS. THE ORGANIZATION BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS TAKEN IN ACCORDANCE WITH THE RECOGNITION STANDARDS THAT WOULD REQUIRE DISCLOSURE OR ADJUSTMENT IN THESE FINANCIAL STATEMENTS. ORGANIZATION MISSION STATEMENT FORM 990, PART I, LINE 1 THE ALASKA CENTER FOR THE PERFORMING ARTS, INC. (ACPA) IS AN ORGANIZATION FOUNDED TO OPERATE, PROMOTE, AND MAINTAIN A 4-THEATER COMPLEX WHICH SERVES AS A SOCIAL AND CULTURAL MEETING PLACE. FORM 990, PART VI, SECTION A, LINE 7A THE ALASKA CENTER FOR THE PERFORMING ARTS GOVERNING BODY CONSISTS OF 33 SEATS, 19 OF WHICH ARE REGULAR MEMBERS WHO ARE SELF-ELECTED. TEN SEATS ARE RESIDENT COMPANY REPRESENTATIVES IN WHICH ONE REPRESENTATIVE IS APPOINTED FOR EACH OF THE TEN RESIDENT COMPANIES. TWO OF THESE RESIDENT COMPANY REPRESENTATIVE SEATS ARE UNFILLED AT THIS TIME. ONE SEAT IS A MAYORAL APPOINTEE, AND THREE SEATS ARE CHAIRMAN APPOINTEES. FORM 990, PART VI, SECTION A, LINE 7B THE ALASKA CENTER FOR THE PERFORMING ARTS HAS NO MEMBERS OR STOCKHOLDERS. HOWEVER, THE ALASKA CENTER FOR THE PERFORMING ARTS IS A COMPONENT UNIT OF THE MUNICIPALITY OF ANCHORAGE, WHICH REQUIRES THAT THE ACPA BUDGET BE APPROVED ANNUALLY BY THE CITY. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS COMPILED BY STAFF AND A CONTRACTOR. THE DOCUMENT IS REVIEWED BY THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS. A COPY OF FORM 990 IS AVAILABLE TO THE GOVERNING BOARD UPON REQUEST OR ON THE ALASKA CENTER FOR THE PERFORMING ARTS WEBSITE, WWW.MYALASKACENTER.COM. FORM 990, PART VI, SECTION B, LINE 12C ACPA EMPLOYEES REVIEW INFORMATION REGULARLY, AND THE BOARD HAS A POLICY COMMITTEE THAT REVIEWS INFORMATION ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR, OR TOP OFFICIAL, HAS AN ANNUAL REVIEW, AND ALL COMPENSATION INCREASES ARE NEGOTIATED INTO A CONTRACT. THERE IS A CONTEMPORANOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. ALL KEY EMPLOYEES HAVE ANNUAL OR BI-ANNUAL REVIEWS. THE TOP OFFICIAL SIGNS OFF ON ALL REVIEWS OF KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING AT THE ALASKA CENTER FOR THE PERFORMING ARTS WEBSITE, WWW.MYALASKACENTER.COM. ALSO, ALL DOCUMENTS CAN BE VIEWED UPON REQUEST AT THE ALASKA CENTER FOR THE PERFORMING ARTS OFFICE AT 621 WEST 6TH AVENUE IN ANCHORAGE, ALASKA. FORM 990, PAGE 12, SECTION XII, LINE 2C THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEARS. THE ORGANIZATION HAS AN AUDIT COMMITTEE RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTING INDEPENDENT ACCOUNTANTS TO PERFORM SUCH PROCESSES.