2012-04-27T14:00:21-05:00 2011-08-31 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2010-09-01 136192346 ROUNDABOUT THEATRE COMPANY INC ROUN 2127199393 231 WEST 39TH STREET NO 1200 NEW YORK NY 10018 TODD HAIMES 2127199393 2012-04-17 1 FRED MARTENS 2126972299 2010 2016-02-24 21:20:13Z TODD HAIMES 231 WEST 39TH STREET NO 1200 NEW YORK NY 10018 69016074 0 X WWW.ROUNDABOUTTHEATRE.ORG X 1965 NY ROUNDABOUT THEATRE COMPANY TEAMS GREAT THEATRICAL WORKS WITH THE INDUSTRY'S FINEST ARTISTS. 35 33 1268 2844 0 0 15988208 13866650 36022312 44153873 362023 1290242 719022 1918981 53091565 61229746 0 0 0 0 26992722 30961616 0 0 2263776 27080586 29778030 54073308 60739646 -981743 490100 106806546 110674622 32474405 35006643 74332141 75667979 X ROUNDABOUT THEATRE COMPANY IS A NOT-FOR-PROFIT THEATRE DEDICATED TO PROVIDING A NURTURING ARTISTIC HOME FOR THEATRE ARTISTS AT ALL STAGES OF THEIR CAREERS WHERE THE WIDEST POSSIBLE AUDIENCE CAN EXPERIENCE THEIR WORK AT AFFORDABLE PRICES. ROUNDABOUT FULFILLS ITS MISSION EACH SEASON THROUGH THE REVIVAL OF CLASSIC PLAYS AND MUSICALS; DEVELOPMENT AND PRODUCTION OF NEW WORKS BY ESTABLISHED PLAYWRIGHTS AND EMERGING WRITERS; EDUCATIONAL INITIATIVES THAT ENRICH THE LIVES OF CHILDREN AND ADULTS; AND A SUBSCRIPTION MODEL AND AUDIENCE OUTREACH PROGRAMS THAT CULTIVATE LOYAL AUDIENCES. 0 0 54390568 43873557 THEATRICAL PRODUCTIONS - DURING THE 2010/11 SEASON, ROUNDABOUT PRODUCED A TOTAL OF TEN PRODUCTIONS: - TWO BROADWAY PRODUCTIONS AT THE AMERICAN AIRLINES THEATRE: MRS. WARREN'S PROFESSION AND THE IMPORTANCE OF BEING EARNEST; - TWO BROADWAY PRODUCTIONS AT STUDIO 54: BRIEF ENCOUNTER AND THE PEOPLE IN THE PICTURE; - ONE BROADWAY PRODUCTION AT THE STEPHEN SONDHEIM THEATRE: ANYTHING GOES; - THREE OFF-BROADWAY PRODUCTIONS AT THE HAROLD AND MIRIAM STEINBERG CENTER FOR THEATRE/LAURA PELS THEATRE: THE LANGUAGE ARCHIVE, THE MILK TRAIN DOESN'T STOP HERE ANYMORE AND DEATH TAKES A HOLIDAY; - TWO OFF-OFF BROADWAY PRODUCTIONS IN THE BLACK BOX THEATRE AT THE HAROLD AND MIRIAM STEINBERG CENTER FOR THEATRE: TIGERS BE STILL AND THE DREAM OF THE BURNING BOY. TOTAL ATTENDANCE WAS 650,997 WITH THEATRES AT AN AVERAGE 82% CAPACITY; 35,000 PEOPLE SUBSCRIBED TO ROUNDABOUT'S 2010/11 SEASON. THERE WERE 1,224 PERFORMANCES IN TOTAL AND ROUNDABOUT EMPLOYED OVER 850 PRODUCTION ARTISTS. ROUNDABOUT'S 2010/11 PRODUCTIONS WERE RECOGNIZED WITH 56 AWARD NOMINATIONS AND 19 WINS. 372396 169260 ARTISTIC DEVELOPMENT - IN AN EFFORT TO DEVELOP NEW WORKS FOR THE STAGE AND PROVIDE AN ARTISTIC HOME TO ARTISTS, ROUNDABOUT UNDERTOOK A NUMBER OF INITIATIVES DURING THE 2010/11 SEASON. THROUGH ROUNDABOUT UNDERGROUND THE COMPANY HELPED TO NURTURE THE CAREERS OF TWO YOUNG UNPRODUCED PLAYWRIGHTS BY PRODUCING FULL-SCALE PRODUCTIONS OF A NEW WORK, WHICH RAN FOR A COMBINED 22 WEEKS AND 180 PERFORMANCES IN OUR 62-SEAT BLACK BOX THEATRE. IN ORDER TO BUILD YOUNGER AUDIENCES, ALL UNDERGROUND TICKETS WERE PRICED AT $20. DURING THE 2010/11 SEASON, ROUNDABOUT SUPPORTED 11 COMMISSION PROJECTS TO EMERGING AND ESTABLISHED PLAYWRIGHTS. TO FURTHER DEVELOP NEW WORK, ROUNDABOUT CONDUCTED 26 ARTISTIC READINGS AND WORKSHOPS OF NEW PLAYS AND WORKS UNDER CONSIDERATION. AND THROUGH THE ASSOCIATE ARTISTS PROGRAM, ROUNDABOUT PROVIDED AN ARTISTIC HOME FOR SEVEN OUTSTANDING ARTISTS WHO RECEIVED A STABLE BASE OF SUPPORT AND OPPORTUNITIES TO SUGGEST PROJECTS TO RTC AT ANY POINT IN THEIR DEVELOPMENT. 1179381 240676 EDUCATION PROGRAMS - DURING THE 2010/11 SEASON, EDUCATION@ROUNDABOUT CONTINUED ITS WORK IN UNDERPRIVILEGED COMMUNITIES BY BRINGING ITS PROGRAMS TO 6,729 STUDENTS AND 595 EDUCATORS AT 159 NEW YORK CITY PUBLIC MIDDLE SCHOOLS AND HIGH SCHOOLS. ROUNDABOUT'S IN-DEPTH EDUCATIONAL PROGRAMMING ADDRESSES TODAY'S NEED FOR YOUNG PEOPLE TO DEVELOP SKILLS IN CRITICAL THINKING, PUBLIC SPEAKING, TEAMWORK, AND PROBLEM-SOLVING. EDUCATION@ROUNDABOUT PROGRAMS SERVE STUDENTS THAT ARE REFLECTIVE OF NEW YORK CITY'S DIVERSE SOCIO-ECONOMIC TAPESTRY. OVER 60% OF STUDENT PARTICIPANTS IN OUR EDUCATION PROGRAMS LIVE IN POVERTY AND OVER 90% ARE FROM ETHNIC MINORITY GROUPS. EDUCATION@ROUNDABOUT'S MISSION IS MANIFESTED THROUGH A SERIES OF COMPREHENSIVE PROGRAMS, HIGHLIGHTED BELOW:- SCHOOL PARTNERSHIPS ARE AT THE CORE OF OUR WORK AND TARGET MIDDLE SCHOOLS AND HIGH SCHOOLS WITH LIMITED ACCESS TO THE ARTS. (IMPACT: 2,894 STUDENTS; 163 EDUCATORS; 18 SCHOOLS; 128 CLASSROOMS)- THROUGH THEATRE ACCESS WE PROVIDE STUDENT GROUPS THROUGHOUT THE TRI-STATE AREA WITH FREE AND DISCOUNTED MATINEE TICKETS TO OUR PRODUCTIONS. (IMPACT: 3,736 STUDENTS; 95 TEACHERS; 83 SCHOOLS; 128 CLASSROOMS)- AFTER SCHOOL PROGRAMS TAKE PLACE OUT OF SCHOOL TIME AND ARE DESIGNED FOR STUDENTS WHO ARE MOST AT RISK OF DROPPING OUT OF SCHOOL. (IMPACT: 220 STUDENTS; 5 TEACHERS; 19 SCHOOLS)- PROFESSIONAL DEVELOPMENT WORKSHOPS BUILD TEACHERS' SKILLS IN USING THEATRE AS AN EFFECTIVE TEACHING TOOL. (IMPACT: 337 TEACHERS, 18 SCHOOLS)- THROUGH OUR COMPETITIVE CAREER DEVELOPMENT PROGRAM, WE OFFER A WIDE RANGE OF LEARNING OPPORTUNITIES FOR YOUNG PROFESSIONALS INTERESTED IN THEATRE CAREERS. (IMPACT: 33 STUDENTS)DURING THE 2010/11 SEASON, ROUNDABOUT TEACHING ARTISTS LOGGED IN 3,638 SESSIONS WITH TEACHERS AND STUDENTS. 55942345 1 1 0 1 0 0 0 0 1 1 0 0 0 1 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 1 1 0 0 0 0 0 0 0 0 0 1 205 0 1268 1 0 0 0 0 0 1 1 0 0 0 0 X 35 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY NJ CT CA X X SUSAN NEIMAN 2127199393 231 WEST 39TH STREET 12TH FLOOR NEW YORK NY 10018 TODD HAIMES 40.00 X X 386249 0 39104 THOMAS E TUFT 2.00 X X 0 0 0 MARY C SOLOMON 1.00 X X 0 0 0 SAMUEL R CHAPIN 1.00 X X 0 0 0 LAWRENCE KAPLEN 1.00 X X 0 0 0 LESLIE E BAINS 1.00 X 0 0 0 JAMES J BURKE JR 1.00 X 0 0 0 JIM CARTER 1.00 X 0 0 0 MARY CIRILLO-GOLDBERG 1.00 X 0 0 0 EDWARD E COHEN 1.00 X 0 0 0 MICHAEL T COHEN 1.00 X 0 0 0 DOUGLAS DURST 1.00 X 0 0 0 MIKE DE GRAFFENRIED 1.00 X 0 0 0 SYLVIA GOLDEN 1.00 X 0 0 0 PATRICIA R GOLDSTEIN 1.00 X 0 0 0 JOHN R GORDON 1.00 X 0 0 0 HARRY E GOULD JR 1.00 X 0 0 0 PERRY B GRANOFF 1.00 X 0 0 0 MAUREEN A HAYES 1.00 X 0 0 0 STEPHANIE KRAMER 1.00 X 0 0 0 ABBY F KOHNSTAMM 1.00 X 0 0 0 GENE R KORF 1.00 X 0 0 0 CAROLE S KRUMLAND 1.00 X 0 0 0 CATHY LASRY 1.00 X 0 0 0 MARK J MANOFF 1.00 X 0 0 0 DAVID E MASSENGILL 1.00 X 0 0 0 JOHN P MCGARRY JR 1.00 X 0 0 0 CAROL MITCHELL 1.00 X 0 0 0 CYNTHIA NIXON 1.00 X 0 0 0 LAURA PELS 1.00 X 0 0 0 TONY PONTURO 1.00 X 0 0 0 CHARLES RANDOLPH-WRIGHT 1.00 X 0 0 0 STEVEN A SANDERS 1.00 X 0 0 0 STEVEN SCHROKO 1.00 X 0 0 0 CHIP SEELIG 1.00 X 0 0 0 BERYL SNYDER 1.00 X 0 0 0 JOHS WORSOE 1.00 X 0 0 0 ADAM ZUROFSKY 1.00 X 0 0 0 HAROLD WOLPERT 40.00 X 222896 0 9525 JULIA LEVY 40.00 X 268279 0 17599 SYDNEY A BEERS 40.00 X 155107 0 32263 STEVE BEERS 40.00 X 203348 0 44465 DAVID STEFFEN 40.00 X 124007 0 30319 GREG BACKSTROM 40.00 X 125875 0 14805 MARCO FREZZA 40.00 X 127063 0 23694 PETER HANSON 40.00 X 126537 0 18192 LYNNE GUGGENHEIM 40.00 X 0 0 0 1739361 0 229966 45 0 1 0 GOTHAM SECURITY CONSULTANTS INC 556 SHAWANGA LODGE ROAD BLOOMINGBERG NY 12721 SECURITY SERVICES 503080 BONEAUBRYAN-BROWN 1501 BROADWAY SUITE 1314 NEW YORK NY 10036 PRESS REPRESENTATION 230072 C&W CLEANING SERVICE INC 309 LAFAYETTE AVENNUE SUITE 11-I BROOKLYN NY 11238 CLEANERS/JANITORIAL 140478 AURORA PRODUCTIONS INC 260 W 44TH STREET 4TH FLOOR NEW YORK NY 10036 PRODUCTION MANAGEMENT 128589 NOEL COWARD CO ALAN BRODIE REPRESENATAT FAIRGATE HOUSE 6TH FL 78 NEW OXFOR LONDON UK WC1A 1HB PLAYWRIGHT 124419 5 1853723 408963 11603964 446000 13866650 ADMISSION/SUBSCRIPTION 711110 41689879 41689879 PRODUCTION ENHANCEMENT 711110 1965000 1965000 CONCESSION INCOME 453220 258318 258318 EDUCATION WORKSHOPS 611600 240676 240676 44153873 437413 437413 122611 122611 2950036 1545109 1404927 1404927 1404927 6717245 68530 5932946 784299 68530 852829 852829 308273 1853723 308273 0 MISCELLANEOUS INCOME 900099 391443 387938 3505 391443 61229746 44283493 0 3079603 1427828 713405 373536 340887 22802332 21057034 768351 976947 1852972 1741518 48466 62988 2606567 2478751 55787 72029 2271917 2062705 90014 119198 32037 12815 19222 196845 118107 78738 68496 68496 24889 24889 431608 289947 98650 43011 9052334 9052334 394337 259537 39449 95351 62611 41208 6264 15139 1499627 1499627 4744480 4141471 509370 93639 1113004 1071405 24428 17171 870765 870765 2766854 2662817 87646 16391 437665 285645 130648 21372 DIRECT PRODUCTION COSTS 6883048 6883048 OTHER EXPENSES 690415 324384 128928 237103 PRINTING & PUBLICATIONS 269034 247390 3495 18149 SPECIAL SERIES & EVENTS 239981 128432 2037 109512 60739646 55942345 2533525 2263776 12230 10930 2937553 6078378 9339038 9139700 425947 1283336 3442817 4829164 80534926 21469573 61134271 59065353 27988001 28801651 1526689 1466110 106806546 110674622 4738891 3801019 9221029 13143228 16580397 16167806 1934088 1894590 32474405 35006643 X 66385881 66074274 6324074 7971519 1622186 1622186 74332141 75667979 106806546 110674622 X 490100 845738 X 0 1 1 X 0 X 13896436 18030759 12994816 15988208 13866650 74776869 13896436 18030759 12994816 15988208 13866650 74776869 4961663 69815206 1447045 1466911 911887 2014299 3578590 9418732 181129 176735 37049 73979 391443 860335 85055936 183009719 0.82080 0.84610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 24889 24889 60714757 60739646 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 91826 40694 35663 24889 193072 250000 250000 250000 250000 1000000 1500000 14738289 92178 1564810 16395277 17032472 305110 1121070 3720363 14738289 17494778 441373 -875672 28007 17032472 0.88700 0.09880 0.01420 0 0 31905887 5965863 25940024 44006672 13069222 30937450 4622367 2434488 2187879 59065353 DEFERRED RENT EXPENSE 1894590 1894590 61229746 60739646 490100 845738 845738 1335838 62075484 845738 845738 61229746 0 61229746 60739646 0 60739646 0 60739646 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT PROVIDES LONG TERM FINANCIAL STABILITY. EARNINGS ARE TO SUPPORT THE ARTISTIC AND EDUCATIONAL INITIATIVES OF THE INSTITUTION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT HAS EVALUATED ALL INCOME TAX POSITIONS AND CONCLUDED THAT NO DISCLOSURES RELATING TO UNCERTAIN TAX POSITIONS WERE REQUIRED IN THE FINANCIAL STATEMENTS. SPRING GALA 2115011 1823695 291316 12555 87745 191017 CONCERT 46985 30028 16957 16956 2161996 1853723 308273 12555 87745 207973 308273 0 X X X 0 0 0 0 0 0 0 0 0 TODD HAIMES 386249 0 0 0 0 0 18228 0 20876 0 425353 0 0 0 HAROLD WOLPERT 222896 0 0 0 0 0 0 0 9525 0 232421 0 0 0 JULIA LEVY 268279 0 0 0 0 0 0 0 17599 0 285878 0 0 0 SYDNEY A BEERS 155107 0 0 0 0 0 18228 0 14035 0 187370 0 0 0 STEVE BEERS 203348 0 0 0 0 0 26898 0 17567 0 247813 0 0 0 DAVID STEFFEN 124007 0 0 0 0 0 0 0 30319 0 154326 0 0 0 MARCO FREZZA 127063 0 0 0 0 0 0 0 23694 0 150757 0 0 0 SUPPLEMENTAL INFORMATION PART III PART II - RETENTION AGREEMENT RELATED TO COMPENSATION IN 2005, THE THEATRE ENTERED INTO A RETENTION AGREEMENT WITH THE ARTISTIC DIRECTOR UNDER WHICH, UPON THE COMPLETION OF CONTINUOUS SERVICE UNTIL MAY 7, 2018, HE WILL RECEIVE A LUMP-SUM OF $3.2 MILLION. IT IS THE THEATRE'S INTENTION TO MAKE SINKING-FUND PAYMENTS OF $142,000 ANNUALLY TO FULLY FUND THIS OBLIGATION OVER THE LIFE OF THE AGREEMENT, ASSUMING A 7% DISCOUNT RATE. THROUGH AUGUST 31, 2011, A CUMULATIVE TOTAL OF $1,314,702 HAS BEEN ACCRUED AND IS FULLY FUNDED. SHOULD THE THEATRE REPLACE THE ARTISTIC DIRECTOR OR CURTAIL HIS DUTIES OTHER THAN FOR CAUSE, PARTIAL PAYMENT WOULD BE DUE IF SUCH ACTION OCCURRED PRIOR TO THE EIGHTH ANNIVERSARY, WITH FULL PAYMENT DUE IF THEREAFTER. NYC INDUSTRIAL DEVELOPMENT AGENCY 132906040 64971CU69 2003-07-23 17720000 PURCHASE OF STUDIO 54 0 0 0 17200000 344979 16855021 2003 0 0 1 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 0 0 STEVE BEERS FAMILY RELATIONSHIP WITH KEY EMPLOYEE SYDNEY BEERS 228401 PAYMENT OF SERVICES 0 ONE BRYANT PARK LLC BUSINESS RELATIONSHIP - BOARD MEMBER DOUGLAS DURST HAS OWNERSHIP INTEREST 933744 PAYMENT FOR RENT AND OTHER OCCUPANCY EXPENSES PURSUANT TO LEASE AGREEMENT 0 X 24 265969 QUOTED MARKET VALUE X COSMETICS 1 1447 ESTIMATED RETAIL VALUE X AIR TICKETS 1 107559 ESTIMATED RETAIL VALUE X FOOD/BVG. 4 69200 ESTIMATED RETAIL VALUE X HOTEL 1 1825 ESTIMATED RETAIL VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS FIRST REVIEWED BY MANAGEMENT, THEN THE AUDIT COMMITTEE, AND FINALLY IS PRESENTED TO THE BOARD OF TRUSTEES AT A REGULARLY HELD MEETING IN ADVANCE OF FILING. FORM 990, PART VI, SECTION B, LINE 12C THE DISCLOSURES ARE REVIEWED ANNUALLY BY THE NOMINATING & GOVERNANCE COMMITTEE AND THE AUDIT COMMITTEE. THROUGHOUT THE YEAR, AS ANY POTENTIAL CONFLICTS ARE IDENTIFIED THEY ARE ADDRESSED BY THE ABOVE COMMITTEES. ISSUES ARE ADDRESSED BY DISCLOSING THEM TO THE BOARD AND ASKING THE PARTY INVOLVED TO REFRAIN FROM VOTING ON THE RELEVANT ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE CONSISTING OF THREE INDEPENDENT BOARD MEMBERS, REVIEWS THE PERFORMANCE OF THE CHIEF EXECUTIVE OFFICER, REVIEWS AVAILABLE DATA ON COMPENSATION OF EXECUTIVES IN COMPARABLE NON-PROFIT PERFORMING ARTS ORGANIZATIONS AND MAKES A RECOMMENDATION WITH RESPECT TO THE CHIEF EXECUTIVE OFFICER'S COMPENSATION TO THE OPERATING COMMITTEE (CONSISTING OF 12 DISINTERESTED MEMBERS AND THE CHIEF EXECUTIVE OFFICER WHO ABSENTS HIMSELF DURING COMPENSATION DISCUSSIONS). THE OPERATING COMMITTEE REVIEWS THE COMPENSATION COMMITTEE'S RECOMMENDATION AND RECOMMENDS ITS ACCEPTANCE OR MODIFICATION TO THE FULL BOARD FOR THE BOARD'S APPROVAL. THE COMPENSATION COMMITTEE PERFORMS A SIMILAR FUNCTION WITH RESPECT TO THE MANAGING DIRECTOR AND EXECUTIVE DIRECTOR BASED UPON THE RECOMMENDATION OF THE CHIEF EXECUTIVE OFFICER. ITS RECOMMENDATIONS ARE ACTED UPON BY THE OPERATING COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 845,738.