2012-12-20T10:21:26-06:00 2012-06-30 620713250 KRAFTCPAS PLLC 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2011-07-01 581320590 TENNESSEE PERFORMING ARTS CENTER (TPAC) MANAGEMENT COMPANY TENN 6157824000 505 DEADERICK STREET NASHVILLE TN 37243 KATHLEEN O'BRIEN 6157824000 2012-12-19 1 VALERIE SHELTON BURKE P00075603 6152427351 2012-12-19 2011 2016-02-24 21:20:13Z KATHLEEN O'BRIEN 505 DEADERICK STREET NASHVILLE TN 37243 15710097 0 X WWW.TPAC.ORG X 1977 TN TO CREATE A LIFETIME OF MEANINGFUL AND RELEVANT EXPERIENCES THROUGH THE PERFORMING ARTS; PROVIDING QUALITY ARTS ENTERTAINMENT AND EDUCATION TO THE RESIDENTS OF TENNESSEE THROUGH THE OPERATION OF THE TENNESSEE PERFORMING ARTS CENTER. 27 27 381 250 20235 8958 2379293 2755482 9652017 12394806 -82 127 304678 468262 12335906 15618677 0 0 0 0 4690627 5164582 0 0 371742 8397428 9796303 13088055 14960885 -752149 657792 11655673 10471923 7046771 5202960 4608902 5268963 X TO PROVIDE FACILITIES, SERVICES, AND PROGRAMS OF THE HIGHEST QUALITY FOR THE GREATEST BENEFIT OF THE PEOPLE, INSTITUTIONS, AND COMMUNITIES OF THE STATE, AND TO TAKE A LEADERSHIP ROLE IN FOSTERING THE PERFORMING ARTS, ARTS EDUCATION, RESIDENT ART GROUPS AND OTHER ARTS ORGANIZATIONS. 0 0 12024205 12749906 TPACMC IS A NOT-FOR-PROFIT ORGANIZATION. TPACMC ENTERED INTO AN AGREEMENT WITH THE STATE OF TENNESSEE & THE TENNESSEE PERFORMING ARTS FOUNDATION IN 1978. THE INITIAL AGREEMENT ESTABLISHED TPACMC PRINCIPALLY FOR THE PURPOSE OF PRESENTING QUALITY ARTS ENTERTAINMENT & EDUCATION TO TENNESSEE RESIDENTS THROUGH THE OPERATION OF THE TENNESSEE PERFORMING ARTS CENTER. TPACMC HAS ADMINISTRATIVE CONTROL OVER THE OPERATIONS AND FUNCTIONS OF THE 4 THEATERS LOCATED IN TWO BUILDINGS IN DOWNTOWN NASHVILLE. IN ADDITION TO ITS ROLE WITH THE STATE OF TENNESSEE, TPAC OPERATES SEVERAL PROGRAM INITIATIVES INCLUDING FOUR ARTS EDUCATION PROGRAMS, PUBLIC OFFERINGS SUCH AS A BROADWAY SERIES, CONCERTS, COMEDY SHOWS, ETC. ADDITIONALLY, TPAC RENTS ITS FACILITIES TO THREE PERFORMING ARTS RESIDENT COMPANIES - THE NASHVILLE OPERA ASSOCIATION, NASHVILLE BALLET, AND THE TENNESSEE REPERTORY THEATRE, ALL THREE OF WHICH ARE NON-PROFIT ORGANIZATIONS. TPAC ALSO RENTS ITS FACILITIES TO OUTSIDE PROMOTERS FOR EVENTS WHERE THEY ARE AT RISK, AND TO THE STATE (WITH RENT WAIVED) FOR THEIR EVENTS. TO SUPPORT PUBLIC PROGRAMMING, TPAC OPERATES ITS OWN TICKETING SERVICES. TO SUPPORT ITS EDUCATIONAL PROGRAMS, TPAC ENGAGES IN FUNDRAISING WHICH INCLUDES SOLICITING GIFTS AND SUPPORT FROM INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS. 227458 145935 DURING THE 2012 FISCAL YEAR, HUMANITIES OUTREACH IN TENNESSEE (HOT) PRESENTED 33 (59 DURING 2011) PROFESSIONAL PERFORMANCES OF THEATER, DANCE AND MUSIC FOR STUDENT AUDIENCES AT TPAC. SUBSIDIZED TICKETS, TRAVEL GRANTS AND CLASSROOM MATERIALS WERE PROVIDED TO ENSURE THAT EACH STUDENT COULD HAVE ACCESS TO DIVERSE CULTURAL AND EDUCATIONAL PROGRAMS. HOT ALSO PROVIDED IN-SCHOOL STUDENT WORKSHOPS, AUDIENCE DISCUSSIONS, AND WORKSHOPS FOR TEACHERS WHICH ADDRESSED THE EDUCATIONAL CONTENT OF EACH PERFORMANCE. DURING THE 2011-2012 ACADEMIC YEAR, 26,484 STUDENTS AND TEACHERS FROM 205 SCHOOLS ATTENDED HOT SEASON FOR YOUNG PEOPLE PERFORMANCES (30,132 STUDENTS AND TEACHERS FROM 205 SCHOOLS DURING THE 2010-2011 ACADEMIC YEAR). 73984 3960 ARTSMART IS A CLASSROOM-BASED INSTRUCTION PROGRAM THAT ACCOMPANIES THE HOT SEASON FOR YOUNG PEOPLE. THROUGH ARTSMART, STUDENTS ARRIVE AT THE THEATRE WITH AN EXPANDED CAPACITY TO ENGAGE WITH THE PERFORMANCE THEY ARE ABOUT TO SEE. SPECIALIZED TRAINING ENABLES EDUCATORS AND TEACHING ARTISTS TO GUIDE ARTS-BASED INSTRUCTION THAT CHALLENGES YOUNG PEOPLE TO IMAGINE, TO PRACTICE, AND TO REFLECT. A TOTAL OF 6,009 STUDENTS AND TEACHERS PARTICIPATED IN ARTSMART IN 2011-2012 (6,086 STUDENTS AND TEACHERS IN 2010-2011). TWENTY-NINE SCHOOLS FROM METRO NASHVILLE PUBLIC SCHOOLS RECEIVED ARTSMART EDUCATION SERVICES AT NO CHARGE IN 2012 (31 SCHOOLS IN 2011). 50940 621 TPAC'S WOLF TRAP EARLY LEARNING THROUGH THE ARTS PROGRAM BRINGS ARTS-BASED CLASSROOM RESIDENCIES TO PRESCHOOLS AND HEAD START CENTERS. TEACHING ARTISTS AND TEACHERS USE ARTS INSTRUCTION TO TARGET EARLY CHILDHOOD DEVELOPMENTAL GOALS AND HELP CHILDREN LEARN. A TOTAL OF 1,150 CHILDREN AND TEACHERS PARTICIPATED IN WOLF TRAP IN 2011-2012 AT NO CHARGE (1,099 CHILDREN AND TEACHERS IN 2010-2011). 26904 6126 INSIDEOUT IS FOR ADULTS WHO WANT TO GROW IN THEIR KNOWLEDGE AND ENJOYMENT OF THE PERFORMING ARTS. THE PROGRAM OFFERS A SERIES OF LUNCH SEMINARS, PERFORMANCE EXCERPTS, DISCUSSIONS, WORKSHOPS AND SNEAK PREVIEWS BEHIND THE SCENES. A TOTAL OF 4,222 INDIVIDUALS PARTICIPATED IN THIS PROGRAM DURING THE YEAR AT NO CHARGE (3,889 INDIVIDUALS DURING 2011). 63786 0 DISNEY MUSICALS IN SCHOOLS ("DMIS") DEVELOPS A CULTURE OF MUSICAL THEATRE PERFORMANCE IN METRO NASHVILLE ELEMENTARY SCHOOLS. THE PROGRAM INTRODUCES THE COLLABORATIVE ART OF MUSICAL THEATRE, STRENGTHENS ARTS PROGRAMMING AND DEVELOPS PARTNERSHIPS AMONG STUDENTS, FACULTY, STAFF AND THE GREATER NASHVILLE COMMUNITY. PARTICIPATING SCHOOLS RECEIVE (AT NO COST) A PERFORMANCE LICENSE TO ANY DISNEY KIDS MUSICAL, SHOWKIT MATERIALS (INCLUDING DIRECTORS GUIDES, STUDENT SCRIPTS, ACCOMPANIMENT AND GUIDE VOCAL CDS AND A CHOREOGRAPHY DVD), AND CROSS-CURRICULAR ACTIVITIES, ALONG WITH IN-SCHOOL SUPPORT FROM A TEAM OF TWO TPAC TEACHING ARTISTS FOR 15 WEEKS. IN 2011-2012, 305 STUDENTS AND 34 EDUCATORS FROM FIVE METRO NASHVILLE PUBLIC SCHOOLS TOOK PART IN THE FIRST DMIS PILOT PROJECT OUTSIDE OF NYC, TO LAY THE FOUNDATION FOR EXPANSION IN SCHOOL SYSTEMS NATIONWIDE. 141630 6747 12467277 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 1 49 0 1 381 1 1 1 0 0 0 0 1 1 0 0 0 0 X 27 27 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TN X JULIE GILLEN CFO 6157824033 505 DEADERICK STREET NASHVILLE TN 37243 JOHN E CODY 1.00 X X 0 0 0 CLAIRE W TUCKER 1.00 X X 0 0 0 LARRY R STESSEL 1.00 X X 0 0 0 RONALD L CORBIN 1.00 X X 0 0 0 C DALE ALLEN 1.00 X X 0 0 0 EMANUEL J EADS 1.00 X X 0 0 0 CARTER ANDREWS 0.50 X 0 0 0 EMILY BARTON 0.50 X 0 0 0 BARBARA T BOVENDER 0.50 X 0 0 0 WILLIAM H BRADDY III 0.50 X 0 0 0 COLLEEN CONWAY-WELCH 0.50 X 0 0 0 WAVERLY D CRENSHAW JR 0.50 X 0 0 0 ANSEL L DAVIS 0.50 X 0 0 0 DONNA G ESKIND 0.50 X 0 0 0 ROD ESSIG 0.50 X 0 0 0 AUBREY B HARWELL JR 0.50 X 0 0 0 MARTHA R INGRAM 0.50 X 0 0 0 CHRISTINE KARBOWIAK 0.50 X 0 0 0 BEVERLY KEEL 0.50 X 0 0 0 PAT MATTHEWS-JUAREZ 0.50 X 0 0 0 DR ROBERT H OSSOFF 0.50 X 0 0 0 ANNE L RUSSELL 0.50 X 0 0 0 JIM SCHMITZ 0.50 X 0 0 0 ANDREW TAVI 0.50 X 0 0 0 J STEPHEN TURNER 0.50 X 0 0 0 MARIA TERESA VAZQUEZ 0.50 X 0 0 0 UZI YEMIN 0.50 X 0 0 0 KATHLEEN O'BRIEN 40.00 X 207679 0 44446 BRENT HYAMS 40.00 X 107733 0 8274 JULIE GILLEN 40.00 X 108434 0 4015 ROBERTA CIUFFO 40.00 X 101075 0 8301 524921 0 65036 4 0 1 0 MUNCHKINLAND PRODUCTIONS LP 165 W 46TH STREET STE 1101 NEW YORK NY 10036 PROMOTER 2576220 MP TOURING COMPANY LLC 7135 MINSTREL WAY SUITE 105 COLUMBIA MD 21045 PROMOTER 483678 NASHVILLE TALENT PAYMENT 5111 PRINCE PHILLIP COVE BRENTWOOD TN 37027 UNION 429798 OUTBACK CONCERTS 209 10TH AVENUE SOUTH STE 222 NASHVILLE TN 37203 CONCERT PROMOTER 428879 ADDAMS ACROSS AMERICA LLC 260 WEST 44TH STREET STE 600 NEW YORK NY 10036 PROMOTER 379636 25 326652 626931 695364 1106535 101690 2755482 TICKET SALES 711110 8012512 8012512 TICKET SERVICE CHG/FEE 711110 2081913 2081913 REIBURSEMENTS 711110 940204 940204 CONCESSION SALES 711110 701283 701283 RENTAL INCOME 711110 591472 591472 67422 47187 20235 12394806 127 127 27705 326652 91420 -63715 -63715 SALES TAX REBATE 711110 531977 531977 531977 15618677 12906548 20235 -63588 651455 119672 531783 3743431 2888408 600139 254884 76340 57225 14648 4467 350498 214393 125980 10125 342858 245455 77150 20253 63261 2368 60893 92240 92240 975802 955719 17661 2422 810566 810242 324 531522 351395 168609 11518 95927 70887 21936 3104 60143 60143 480283 267787 211864 632 93233 455 92778 UNRELATED BUSINESS INCO 5591 5591 0 0 ARTIST FEES 4952690 4952690 0 0 STATE MAINTENANCE 377964 377964 0 0 REPAIRS AND MAINTENANCE 301009 259016 41993 0 956072 827867 64192 64013 14960885 12467277 2121866 371742 17618 28182 5531278 4538025 202839 153846 19682 35311 224590 278416 8635583 3522333 5408123 5113250 141085 202575 110458 122318 11655673 10471923 843892 1012585 3904857 2251448 1322511 1146177 975511 792750 7046771 5202960 X 4243968 5026437 364934 242526 4608902 5268963 11655673 10471923 X 657792 2269 X X 0 1 1 X 1 1 X 2499110 2604567 2789767 2379293 2755482 13028219 9570651 9901276 12467851 9666859 12402275 54008912 12069761 12505843 15257618 12046152 15157757 67037131 0 0 0 67037131 104614 7498 951 351 127 113541 15881 8219 13840 24951 20235 83126 120495 15717 14791 25302 20362 196667 539182 362649 531977 1433808 12190256 12521560 15811591 12434103 15710096 68667606 0.97630 0.98190 0.00290 0.00490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7071234 2487481 4583753 727505 479173 248332 836844 555679 281165 5113250 DEPOSITS 253620 CAPITAL LEASE OBLIGATION 539130 792750 15618677 14960885 657792 2269 2269 660061 15921585 211488 211488 15710097 -91420 -91420 15618677 15261524 211488 91420 302908 14958616 2269 2269 14960885 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISION INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 8 - OTHER ADJUSTMENTS: GAIN ON OTHER INVESTMENTS 2,269. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES -91,420. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 91,420. PART XIII, LINE 4B - OTHER ADJUSTMENTS: GAIN ON OTHER INVESTMENTS 2,269. FEST DE VILLE GALA 354357 326652 27705 32730 4504 54186 354357 326652 27705 32730 4504 54186 91420 -63715 X X X X 0 0 0 0 0 0 0 0 0 KATHLEEN O'BRIEN 202792 0 0 0 4887 0 40000 0 4446 0 252125 0 0 0 WILLIAM BRADDY WILLIAM BRADDY IS A BOARD MEMBER FOR TPAC. 2348839 WILLIAM BRADDY IS AN EMPLOYEE OF US TRUST, BANK OF AMERICA PRIVATE WEALTH MANAGEMENT. TPAC HAS ALL OF THEIR BANK ACCOUNTS, LOANS, LEASES, AND LINES OF CREDIT THROUGH BANK OF AMERICA. THE BUSINESS RELATIONSHIP FOR THE DAY TO DAY OPERATIONS ARE WITH OTHER REPRESENTATIVES FROM THE COMPANY. 0 X DONATED FOOD 5 42633 COST OF DONATED PROP X AIRLINE VOUCHERS 1 24750 COST OF DONATED PROP X DONATED LIQUOR 2 12563 COST OF DONATED PROP X MISCELLANEOUS DONATED ITEMS 3 10868 COST OF DONATED PROP X HOTEL VOUCHERS 1 8505 COST OF DONATED PROP X EVENT TICKETS 1 2373 COST OF DONATED PROP 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE TPACMC BOARD OF DIRECTORS RECENTLY EXPANDED FROM 20 TO 28 MEMBERS APPOINTED FOR THREE-YEAR STAGGERED TERMS. THREE SLOTS WERE FILLED IN 2009-10, THREE SLOTS WERE FILLED IN 2010-11, AND TWO IN 2011-12. BOARD MEMBERS ARE APPOINTED FROM THE FOLLOWING ENTITIES: THE TENNESSEE PERFORMING ARTS FOUNDATION - 8 SLOTS THE TENNESSEE GOVERNOR - 5 SLOTS TENNESSEE'S EDUCATION COMMISSIONER - 1 SLOT THE TENNESSEE ARTS COMMISSION - 6 SLOTS THE TENNESSEE PERFORMING ARTS CENTER - 8 SLOTS ONE OF THE TPACMC APPOINTED SLOTS REMAINED VACANT IN FY12, THEREFORE THERE WERE ONLY 27 BOARD MEMBERS FOR THE YEAR. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING ORGANIZATIONS AND INDIVIDUALS HAVE THE ABILITY TO APPOINT TPAC'S GOVERNING BODY: TENNESSEE PERFORMING ARTS FOUNDATION, TENNESSEE ARTS COMMISSION, AND THE GOVERNOR OF THE STATE OF TENNESSEE. FORM 990, PART VI, SECTION B, LINE 11 UPON COMPLETION OF FORM 990 BY THE TAX DEPARTMENT OF THE EXTERNAL AUDITORS FOR TENNESSEE PERFORMING ARTS CENTER IT WILL BE REVIEWED BY EITHER THE CFO OR DESIGNATED FINANCE DEPARTMENT STAFF MEMBER AND THEN A REVIEW MEETING IS HELD THAT INCLUDES THE TPAC CEO, CFO, BOARD TREASURER, AUDIT COMMITTEE CHAIR, AND EXTERNAL AUDIT TAX PREPARER. APPROPRIATE CHANGES MAY BE MADE AT ANY POINT IN THE REVIEW PROCESS PRIOR TO FILING FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TPAC HAS A CONFLICT OF INTEREST POLICY FOR ITS EMPLOYEES AND ALSO A CONFLICT OF INTEREST POLICY FOR ITS BOARD MEMBERS. THE POLICY FOR EMPLOYEES IS IN THE HUMAN RESOURCES MANUAL THAT EACH EMPLOYEE IS GIVEN WHEN THEY ARE HIRED. THE FOCUS IS ON THE EMPLOYEE TO SCRUPULOUSLY AVOID ANY CONFLICT BETWEEN THEIR OWN RESPECTIVE INTERESTS AND THE INTERESTS OF TPAC. IF TPAC BECOMES AWARE OF A VIOLATION, IT IS INVESTIGATED AND THE PROPER DISCIPLINARY ACTION WILL BE TAKEN. THE POLICY FOR BOARD OF DIRECTORS IS IN THE BOARD ORIENTATION BOOK AND ALSO INCLUDED IN THE BOOK THEY USE AT EVERY BOARD LEVEL MEETING. EACH FISCAL YEAR, WE ASK ALL BOARD OF DIRECTORS TO SIGN THE CONFLICT OF INTEREST POLICY AND WE KEEP THOSE FORMS ON FILE. FORM 990, PART VI, SECTION B, LINE 15 TPAC'S BOARD OF DIRECTORS HIRES THE ORGANIZATION'S CEO AND NEGOTIATES SUBSEQUENT EMPLOYMENT CONTRACTS. THE BOARD CHAIRMAN'S PROCESS FOR DETERMINING COMPENSATION FOR THE CEO IS BASED ON MULTIPLE THINGS: HISTORICAL SALARY RANGE FOR THE POSITION, SALARY SURVEY INFORMATION COMPILED ANNUALLY BY A RESEARCH FIRM FOR OUR SPECIFIC INDUSTRY (PACC - PEFORMING ARTS CENTER CONSORTIUM) AND AVAILABLE BUDGETARY RESTRAINTS. OTHER OFFICER COMPENSATION IS HANDLED SIMILARLY BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 TPAC'S GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION. PURSUANT TO TENN CODE ANN SECTION 8-44-107, THE ACTIVITIES OF THE BOARD ARE OPEN TO THE PUBLIC AS IF IT WERE A GOVERNMENTAL AGENCY. SEE BELOW: 8-44-107. BOARD OF DIRECTORS OF PERFORMING ARTS CENTER MANAGEMENT CORPORATION - THE BOARD OF DIRECTORS OF THE TENNESSEE PERFORMING ARTS CENTER MANAGEMENT CORPORATION SHALL BE SUBJECT TO, AND SHALL IN ALL RESPECTS COMPLY WITH, ALL OF THE PROVISIONS MADE APPLICABLE TO GOVERNING BODIES BY THIS CHAPTER [OPEN MEETINGS LAW]. TPAC'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE AT WWW.GIVINGMATTERS.ORG. TPAC'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: GAIN ON OTHER INVESTMENTS 2,269. TOTAL TO FORM 990, PART XI, LINE 5: 2,269. FORM 990, PART XI, LINE 2C THE OVERSIGHT PROCESS OR SELECTION PROCESS OF THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. TENNESSEE PERFORMING ARTS FOUNDATION 505 DEADERICK STREET NASHVILLE TN 37243 237272205 ENDOWMENT MGMT TO PROVIDE INCOME TO HELP DEFRAY THE OPERATING COSTS OF TPAC TN 501(C)(3) 509(A)(3) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TENNESSEE PERFORMING ARTS FOUNDATION C 626931 CASH SCHEDULE R, PART V: THE CONTRIBUTION AMOUNT FROM THE TENNESSEE PERFORMING ARTS CENTER FOUNDATION CONSISTS OF THREE QUARTERLY PAYMENTS.