2013-07-15T17:34:22-07:00 2012-08-31 990 2011-09-01 570811297 PEACE CENTER FOUNDATION PEAC 8644673030 101 West Broad Street Greenville SC 29601 Scott Clark 8646799204 2013-07-15 2011 2016-02-24 21:20:13Z Peace Center for the Performing Arts Megan Riegel 101 West Broad Street Greenville SC 29601 26591089 0 X www.peacecenter.org X 1985 SC To promote the performing arts through public performances, support of local artists and education. 45 45 134 130 191385 97000 10677901 10513085 6501678 11046984 2124334 1241661 524428 524652 19828341 23326382 0 0 0 0 2510832 2910145 136500 90035 458708 7719179 11675120 10366511 14675300 9461830 8651082 51274922 69446335 12226946 14178545 39047976 55267790 The Peace Center presents the world's finest performers, provides arts education and outreach, and supports local arts organizations. These efforts further cultural enhancement, arts appreciation and the economic development of South Carolina. 0 0 11097604 0 0 The Peace Center presents high quality and culturally significant performing artists of varied genres. The establishment of the venue and resulting programming make the performing arts accessible to the regional community. Performances include Broadway shows, dance, folk, classical, choral, international, blues, rock, jazz and opera. 1418714 0 0 The Peace Center's performance series for youth provides students, teachers and home school communities from across the region the opportunity to view live professional theater, dance and musical events. Attendance to the performance series totaled over 55,000. The Peace Center also provides teacher workshops, artist-in-residence programs, a Summer Teacher Institute, master classes taught by internationally renowned artists for aspiring artists of all ages. Attendance at the workshops and classes totaled over 6,000 for the year. 921198 0 0 The Peace Center serves as the primary venue for local performing arts organizations to present programming geared to that organization's specific art focus. The Peace Center's resident companies include the Greenville Symphony Orchestra, South Carolina Children's Theater, Carolina Ballet, International Ballet and South Carolina Governor's School for the Arts and Humanities. The Peace Center provides professional facility and event services at significantly subsidized rates to fiscally support the efforts of these local performing arts organizations. Attendance for these and other local arts organizations totaled over 70,000 during the year. 0 0 0 13437516 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 86 0 1 134 1 1 1 0 0 0 0 1 1 0 0 0 1 1 0 X 45 45 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 SC X Scott Clark 8646799204 101 West Broad Street Greenville SC 29601 Jim Akerhielm 1 X 0 0 0 Michael Amos 0.5 X 0 0 0 Bo Aughtry 1 X 0 0 0 Mike Baur 0.5 X 0 0 0 Steve Brandt 2 X 0 0 0 Dr Larry Brotherton 1.5 X 0 0 0 Duff Bruce 0.5 X 0 0 0 Ann Bryan 1.5 X 0 0 0 Michael Byars 1 X 0 0 0 Cleveland Christophe 1.5 X 0 0 0 Charles Dalton 0.5 X 0 0 0 Walter Davis 0.5 X 0 0 0 Robert DeLapp 0.5 X 0 0 0 Amy Ryberg Doyle 0.5 X 0 0 0 Eva Marie Fox 0.5 X 0 0 0 Ted Gentry 1.5 X 0 0 0 Sean Hartness 1 X 0 0 0 Lynn Harton 0.5 X 0 0 0 Dr Glenn Head 1 X 0 0 0 Mary Hipp 0.5 X 0 0 0 Robert Hoak 0.5 X 0 0 0 Velda Hughes 0.5 X 0 0 0 Edna Johnson 0.5 X 0 0 0 Herman G Kirven Jr 0.5 X 0 0 0 Susan Lambert 0.5 X 0 0 0 Peter Larocque 0.5 X 0 0 0 Martha McKissick 0.5 X 0 0 0 Scott Muse 0.5 X 0 0 0 Mark Nantz 0.5 X 0 0 0 Sheay Noel 0.5 X 0 0 0 Xanthene Norris 0.5 X 0 0 0 Susan O Hanlan 0.5 X 0 0 0 Bill Pelham 1.5 X 0 0 0 Richard Pennell 2 X 0 0 0 Robbin Phillips 0.5 X 0 0 0 Brian Rogers 1 X 0 0 0 Scott Ruby 1 X 0 0 0 Angela Santerini 0.5 X 0 0 0 Phillip Shoopman 0.5 X 0 0 0 Greta Somerville 0.5 X 0 0 0 Rick Stanley 1 X 0 0 0 J David Sudduth 0.5 X 0 0 0 Peace Sullivan 0.5 X 0 0 0 Rick Timmons 2 X 0 0 0 Pam Walters 0.5 X 0 0 0 Knox H White 0.5 X 0 0 0 Megan Riegel 50 X X X 281500 0 21622 W Scott Clark 50 X X X 172500 0 7886 Jeff Duncan 50 X X 112000 0 9699 566000 0 39207 3 0 1 0 Triangle Construction Company 2624 Laurens Road Greenvilles SC 29607 Construction - General Contractor 12591579 Jackson Marketing Group 2 Task Industrial Court Greenville SC 29607 Advertising and media placement 708742 Duke Energy 425 Fairforest Way Greenville SC 29607 Utilities service and equipment 529828 Garvin Design Group PO Box 18 Columbia SC 29202 Architectural services 461658 StageTech Productions PO Box 9425 Greenville SC 29604 Production services 460242 11 0 0 0 0 1018733 9494352 0 10513085 Ticket Revenue 711110 9909453 9909453 0 0 Theater Rentals 711110 574423 574423 0 0 Other Theater Related 711110 563108 563108 0 0 11046984 686174 0 0 686174 0 0 0 0 0 0 0 0 522600 146306 263925 73921 258675 72385 331060 0 97035 234025 3425887 0 2870400 0 555487 0 555487 0 0 555487 0 155703 56461 99242 99242 0 0 Playbill Advertising 711110 94350 0 94350 0 0 0 0 0 94350 23326382 11146226 191385 1475686 0 0 0 0 0 0 0 0 609507 329134 219749 60624 0 0 0 0 1854757 1556267 115626 182864 11872 5604 0 6268 230952 179132 30023 21797 203057 157496 26397 19164 0 0 0 0 20801 0 20801 0 18400 0 18400 0 0 0 0 0 90035 90035 47619 47619 0 0 0 0 0 0 1403448 1388516 0 14932 322050 322050 0 0 118496 87564 21610 9322 0 0 0 0 493207 473675 8860 10672 33694 16847 16847 0 0 0 0 0 13247 11187 0 2060 0 0 0 0 0 0 0 0 1686601 1612989 33391 40221 159536 0 159536 0 Stagehand Labor 437840 437840 0 0 Credit Card Expense 200859 200859 0 0 Teacher Workshops 118250 118250 0 0 Concert Contracts 6395839 6395839 0 0 205233 96648 107836 749 14675300 13437516 779076 458708 2600 2500 6814201 2818791 7346836 10560512 48679 0 0 0 0 0 7750000 7750000 2661 3255 202218 304212 37136088 26481358 5939044 10654730 23168683 25230815 0 0 97807 12023713 51274922 69446335 1196413 2020111 0 0 3280533 3439646 0 0 0 0 0 0 7750000 8718788 0 0 0 12226946 14178545 X 31500090 44506228 7547886 10761562 0 0 39047976 55267790 51274922 69446335 X 8651082 7568732 X 0 1 1 X 0 X 1385263 1441797 4236509 10677901 10513084 28254554 0 0 0 0 0 0 0 0 0 0 0 0 1385263 1441797 4236509 10677901 10513084 28254554 6727500 21527054 1876832 1532185 1105861 1010886 1486450 7012214 183408 176066 179200 200000 250000 988674 0 0 0 0 0 0 36255442 0 0.59376 0.50390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7547886 9024284 0 0 5810608 0 10761562 3183611 9200519 0 0 4836244 0 7547886 328694 2922325 0 0 67408 0 3183611 201050 127644 0 0 0 0 328694 0 0.01 0.99 0 0 18500 100000 118500 0 33466027 24280866 9185161 0 309213 141490 167723 0 3125756 2059002 1066754 0 116592 0 116592 10654730 Investment in PCP 12023713 12023713 0 0 23326382 14675300 8651082 0 0 0 0 0 0 8651082 23571863 245481 0 0 0 245481 23326382 0 0 0 23326382 14675300 0 0 0 0 0 14675300 0 0 0 14675300 SchD_P05_S00_L04 Schedule D, Part V, Line 4 Assets primarily represents capital campaign pledges or funds received. These pledges and funds are restricted in that they are designated by the donor to be used for capital campaign construction and related efforts. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The Foundation's policy for accounting for uncertainty in income taxes is to record a liability for any tax position taken that is beneficial to the Foundation, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of August 31, 2012 and 2011 and, accordingly, no liability has been accrued. Fiscal years ending on or after August 31, 2010 remain subject to examination by federal and state tax authorities X X X X X X 1 Strategic Philanthropy 1500 Jackson Street Dallas TX 75201 Management of Capital Campaign 0 9024284 90035 8934249 9024284 90035 8934249 SC X X X 0 0 0 0 0 1 0 0 0 Megan Riegel 215250 0 66250 0 0 0 11260 0 10362 0 303122 0 7969 0 W Scott Clark 150000 0 22500 0 0 0 0 0 7886 0 180386 0 0 0 SchJ_P01_S00_L03 Schedule J, Part I, Line 3 The Foundation's executive committee, which is comprised strictly of independent directors, determines the compensation of the President/CEO based on salary survey and other factors. SchJ_P01_S00_L06 Schedule J, Part I, Line 6 Financial performance of the organization relative to budget is a consideration in the company's payment of bonuses. Greenville News Steve Brandt President and Publisher Steve serves on the Board of Trustees. 193515 Advertising of events and performances 0 Wyche PA Ted Gentry Partner Ted serves on the Board of Trustees. 1642 Legal representation 0 Blue Ridge Security Charles Dalton - President Charles serves on the Board of Trustees. 56485 Security monitoring services. 0 TD Bank Rob Hoak Regional President Rob serves on the Board of Trustees. 146997 Interest payments on loan 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The 990 and related schedules are posted to a secure website and log-in credentials and a password is provided to the members of the Foundation's executive committee. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Vendors are approved by the CFO and CEO prior to the initiation of any payment or contract for services. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Peace Center Foundation's executive committee serves as its compensation committee. It is comprised strictly of independent directors. the committee reviews the compensation of the CEO and other officers and compares such to a broad selection of peer entities. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The Peace Center maintains printed copies of its financial statements, governing documents, conflict policies and governmental filings. Such documents are available upon request to the appropriate person at the administrative offices. F990_P11_S00_L05 Form 990, Part XI, Line 5 In the prior year, property, plant and equipment were transferred from Peace Center Foundation to Peace Center Properties. In the prior year 990 balance sheet the book value of the assets that were transferred were removed from the PPE balance and net assets. The value of such assets should have been included on the 990 balance sheet as an 'Investment in Peace Center Properties'. N/A