2012-08-20T13:22:47-05:00 2011-08-31 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2010-09-01 510189494 CLIMB THEATRE INC CLIM 6514539275 6415 CARMEN AVENUE EAST INVER GROVE HEIGHTS MN 55076 PEG WETLI 6514539275 2012-07-20 1 LARRY ADAMS 6123764500 2010 2016-02-24 21:20:13Z X PEG WETLI 6415 CARMEN AVENUE EAST INVER GROVE HEIGHTS MN 55076 6334425 0 X WWW.CLIMB.ORG X 1976 MN INSPIRE & MOTIVATE YOUNG PEOPLE. 6 5 152 503 42858 0 362353 349220 645378 483580 0 0 60804 131292 1068535 964092 0 0 0 0 786528 665412 0 0 23584 399387 435650 1185915 1101062 -117380 -136970 1444251 1240266 914847 846365 529404 393901 X CREATE AND PERFORM PLAYS, CLASSES AND OTHER WORKS THAT INSPIRE AND PROPEL PEOPLE, ESPECIALLY YOUNG PEOPLE, TOWARD ACTIONS THAT BENEFIT THEMSELVES, EACH OTHER AND THE COMMUNITY. CLIMB'S OVERARCHING GOAL IS TO REACH PEOPLE, ESPECIALLY THOSE WHO ARE UNDERSERVED, WITH PROGRAMMING THAT IS BOTH ARTISTICALLY EXCELLENT AND EDUCATIONALLY EXCELLENT. 1 0 878651 0 483580 DURING FISCAL YEAR 2010-2011:WE REACHED 200,874 INDIVIDUALS IN MN, WI, IA, SD, ND AND IL THROUGH 681 PERFORMANCES AND 672 DAYS OF CLASSES.WE WROTE "A DEEPER LOOK" FOR THE OWATONNA PUBLIC SCHOOLS. THE PLAY WAS DEVELOPED TO HELP AMELIORATE THE PREJUDICE PRACTICED BY TEACHERS AND OTHER DISTRICT EMPLOYEES AGAINST SOMALI MUSLIM STUDENTS.WE WORKED WITH FOUR MINNESOTA INITIATIVE FOUNDATIONS AND LEADERS IN 27 SMALL RURAL MINNESOTA TOWNS TO IDENTIFY ISSUES THAT WERE RELEVANT TO THEIR COMMUNITIES AND THEN CREATED SIX 15-MINUTE WORDLESS PLAYS THAT WE PERFORMED AT THE TOWNS' FAIRS AND FESTIVALS.WE PRESENTED 19 LIBRARY SPONSORED PERFORMANCES OF "RETURN TO HONOR." THIS PLAY SENSITIZES COMMUNITIES TO THE CHALLENGES MILITARY PERSONNEL FACE WHEN RETURNING FROM COMBAT.WE PERFORMED FIVE CLASSES FOR EACH OF 3,241 PRESCHOOL STUDENTS AT 67 SITES THROUGHOUT MINNESOTA. THE CLASSES TAUGHT LISTENING AND FOLLOWING DIRECTIONS, TAKING TURNS, GOOD HYGIENE, RHYMING AND COUNTING.WE CONTINUED TO OFFER PLAYS AND CLASSES TO ELEMENTARY AND MIDDLE SCHOOL STUDENTS COVERING A VARIETY OF TOPICS SUCH AS: BULLYING/HARASSMENT PREVENTION, SOCIAL SKILLS, ENVIRONMENTAL CONSERVATION, SUBSTANCE ABUSE, FINANCIAL LITERACY, ACADEMIC ACHIEVEMENT, EMPATHY AND COMPASSION AND CLIQUES AND EXCLUSION. 878651 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 152 1 1 1 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X JEAN MARIE BROWN 6514539275 6415 CARMEN AVENUE EAST INVER GROVE HEIGHTS MN 55076 JAMES GAMBONE 1.00 X X 0 0 0 BONNIE MATSON 1.00 X X 0 0 0 JOSEPH ATKINS 1.00 X 0 0 0 JAMES OLNEY 1.00 X 0 0 0 BILL PARTLAN 1.00 X 0 0 0 PEG WETLI 60.00 X 71422 0 20192 71422 0 20192 0 0 0 0 0 280057 69163 349220 PROGRAM FEES 711110 461180 461180 OTHER PROGRAM SERVICE 711110 22400 22400 483580 17182 23282 -6100 -6100 -6370 270 5480459 5347051 133408 49228 84180 MISCELLANEOUS REVENUE 900099 3984 3984 3984 964092 483580 42858 88434 104846 70247 14114 20485 486224 413731 71950 543 25151 20731 4420 49191 28531 20660 54240 24854 29386 10965 10346 619 27414 22110 5304 38322 31702 6620 103872 99594 4278 37504 30727 6777 89366 73999 15367 18812 15704 3108 PRODUCTION EXPENSES 36021 36021 0 0 MISCELLANEOUS EXPENSES 9800 0 7419 2381 DUES & SUBSCRIPTIONS 5177 354 4648 175 PROF DVLPMT/RECRUITING 4157 0 4157 0 1101062 878651 198827 23584 110142 83840 21500 22967 149782 50293 62648 57586 10964 6510 10227 6436 2171986 1192280 1043258 979706 35730 32928 1444251 1240266 88652 116539 7544 1863 818651 727963 914847 846365 X 273873 348751 255531 45150 529404 393901 1444251 1240266 X -136970 1467 X 0 1 1 X 0 X 220187 378160 362350 362353 349220 1672270 1159364 1011415 793502 645378 483580 4093239 1379551 1389575 1155852 1007731 832800 5765509 0 0 0 5765509 11031 3263 1231 2500 18025 11031 3263 1231 2500 18025 42858 42858 2955 -5173 34540 6798 3984 43104 1393537 1387665 1191623 1014529 882142 5869496 0.98230 0.99120 0.00310 0.00260 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 165014 165014 1295306 546358 748948 711666 645922 65744 979706 964092 1101062 -136970 1467 1467 -135503 6326226 1467 5360667 5362134 964092 0 964092 6461729 5360667 5360667 1101062 0 1101062 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION ADOPTED THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS AND FILES AS A TAX-EXEMPT ORGANIZATION. NO LIABILITY HAS BEEN RECOGNIZED BY THE ORGANIZATION AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. THE ORGANIZATION'S 2008, 2009, AND 2010 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 13,616. CHARITABLE GAMING EXPENSES 5,347,051. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 13,616. CHARITABLE GAMING EXPENSES 5,347,051. 123938 90252 0 5356521 4267164 119650 869985 0 5480459 4357416 119650 869985 5347051 133408 MN 1 0 1 0 0.00000 1.00000 LAURIE GLUESING 6415 CARMEN AVENUE EAST INVER GROVE HEIGHTS MN 55076 0 LAURIE GLUESING 51616 OVERSIGHT OF ALL GAMING ACTIVITIES. X 1 77406 CITY OF SOUTH ST PAUL HRA 416005520 2008-06-03 723493 REFINANCE MORTGAGE ON A HOUSING FACILITY FOR STUDENT INTERNS 0 0 0 723493 14469 709024 2008 0 0 1 1 0 1 0 0 0.00000 0.24550 0.24550 1 0 1 0 0 0 0 JAMES GAMBONE CHAIRPERSON OF THE BOARD 12200 HIRED AS A CONSULTANT TO TRAIN COMMUNITY LEADERS. 0 NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 CLIMB EXPANDED ITS PROGRAMMING TO INCLUDE ISSUES RELEVANT TO ADULT AUDIENCES WITH THE DEVELOPMENT AND PERFORMANCES OF ISSUE BASED PLAYS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CLASSES OF MEMBERS: CHARTER MEMBER AND REGULAR MEMBER. THE CHARTER MEMBERS ARE PEGGY WETLI AND ANY OTHER NATURAL PERSON NOMINATED BY THE BOARD OF DIRECTORS AND ELECTED BY AFFIRMATIVE VOTE OF A MAJORITY OF THE MEMBERS. THE MEMBERSHIP RIGHTS OF CHARTER MEMBERS DO NOT TERMINATE EXCEPT BY HIS OR HER DEATH OR VOLUNTARY RESIGNATION. THE REGULAR MEMBERS ARE NATURAL PERSONS NOMINATED AND ELECTED AS PROVIDED FOR IN THE BYLAWS. THE MEMBERSHIP OF ANY REGULAR MEMBER MAY BE TERMINATED BY THE BOARD OF DIRECTORS AFTER PROVIDING WRITTEN NOTICE AND GIVING THEM THE RIGHT TO BE HEARD BEFORE THE BOARD OF DIRECTORS. THE CHARTER MEMBERS HAVE 51% OF THE VOTING POWER OF THE MEMBERS, EXCEPT WHEN AUTHORIZING ANY EXPENDITURES BY THE ORGANIZATION OF ITS GROSS PROFITS FROM LAWFUL GAMBLING, AND WHEN ELECTING AND DETERMINING COMPENSATION (IF ANY) OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. IN THOSE TWO SITUATIONS, THE VOTING RIGHTS OF ALL MEMBERS ARE EQUAL. NATURAL PERSONS WHO SUBSCRIBE TO AND SUPPORT THE PRINCIPLES, POLICIES AND PURPOSES OF THE ORGANIZATION MAY BECOME MEMBERS AS FOLLOWS. ANY SUCH INDIVIDUAL MAY BE NOMINATED AS A REGULAR MEMBER BY ANY MEMBER, DIRECTOR OR OFFICER AND, FOLLOWING SUCH NOMINATION, THE BOARD OF DIRECTORS MAY ELECT ANY SUCH NOMINEE AS A REGULAR MEMBER. FORM 990, PART VI, SECTION A, LINE 7A EACH INDIVIDUAL IN THE BOARD OF DIRECTORS IS ELECTED BY A MAJORITY VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY MANAGEMENT AND PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AT BOARD MEETINGS. ANY BOARD MEMBER WITH A CONFLICT OF INTEREST IS NOT ALLOWED TO VOTE ON IMPORTANT COMPANY MATTERS PLACED BEFORE THE BOARD. DETERMINATIONS ARE MADE BY REMAINING BOARD MEMBERS NOT IN CONFLICT. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS RECEIVES EVALUATIONS FOR THE CEO AND LOOKS AT COMPARABLE DATA IN OTHER NON-PROFITS WHEN DETERMINING THE COMPENSATION OF THE CEO. DETERMINATION OF THE CEO'S COMPENSATION LAST INCLUDED REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION IN 2007 FOR THE CEO, P. WETLI. NO INCREASES IN COMPENSATION HAVE BEEN CONSIDERED SINCE THEN DUE TO FINANCIAL LIMITATIONS. WHEN CLIMB'S FINANCIAL POSITION IMPROVES, THE BOARD WILL CONSIDER INCREASING THE CEO'S EARNINGS AS IT IS REASONABLE TO DO SO AND WILL UNDERTAKE AN APPROPRIATE MARKET PLACE ANALYSIS AS NEEDED. CLIMB THEATRE HAS NO OTHER PAID OFFICERS OR BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,467. FORM 990 - EXPLANATION FOR AMENDED RETURN THE ORGANIZATION AMENDED ITS 2010 FORM 990 FOR THE FOLLOWING CHANGES: 1) PART I, LINES 8-22 - REVISED CURRENT YEAR TOTALS 2) PART III - REVISED PROGRAM EXPENSES AND REVENUES 3) PART IV - ANSWERED YES TO LINE 12A 4) PART VIII - REVISED CONTRIBUTIONS, PROGRAM REVENUES, MISCELLANEOUS REVENUE 5) PART IX - REVISED FUNCTIONAL EXPENSES 6) PART X - REVISED BALANCE SHEET 7) PART XI - ANSWERED YES TO LINES 2B AND 2C 8) SCHEDULE A, PART III - REVISED COLUMN 2010 FOR GROSS RECEIPTS ACTIVITY 9) SCHEDULE B - REVISED MAJOR CONTRIBUTORS AGGREGATE CONTRIBUTIONS 10) SCHEDULE D, PARTS XI, XII, AND XIII - ADDED RECONCILIATION SCHEDULES REQUIRED WITH AUDITED FINANCIAL STATEMENTS 11) SCHEDULE G, PART III, COLUMN (B) - ADJUSTED LINE 5 OTHER DIRECT EXPENSE