2012-09-17T10:50:58-05:00 2011-06-30 WISS & COMPANY LLP 354 EISENHOWER PARKWAY LIVINGSTON NJ 07039 990 2010-07-01 300194642 BERGEN PERFORMING ARTS CENTER INC BERG 2018168160 30 N VAN BRUNT STREET ENGLEWOOD NJ 07631 CHRISTIAN YEGEN 2018168160 2012-08-28 1 THERESA DOMINIANNI 9739949400 2010 2016-02-24 21:20:13Z X CHRIS YEGEN 30 N VAN BRUNT STREET ENGLEWOOD NJ 07631 6875036 0 X WWW.BERGENPAC.ORG X 2003 NJ 1. TO ENHANCE THE PERFORMING ARTS IN NORTHERN NEW JERSEY.2. TO AID, PRODUCE, PRESENT, AND TO MAKE ANY AND ALL ARRANGEMENTS NECESSARY,OR DESIRABLE IN CONNECTION THEREWITH, MUSICAL CONCERTS, RECITALS, AND PRODUCTIONS OF EVERY KIND AND NATURE, INCLUDING, BUT NOT LIMITED TO, VOCAL AND INSTRUMENTAL CONCERTS, RECITALS, OPERAS, AND BALLETS.3. TO SOLICIT, ACCEPT, ADMINISTER, AND DISBURSE GIFTS, GRANTS, AND BEQUESTS OF PROPERTY OF EVERY KIND OR TO HOLD SAID PROPERTY IN TRUST IN SUCH MANNER AS THE CORPRATION DEEMS APPROPRIATE FOR THE FURTHERING OF THE PURPOSES OF THE CORPORATION.4. TO MAKE DISTRIBUTIONS TO THE PERFORMING ARTS OR ANY OTHER ORGANIZATION ORGANIZED TO SUPPORT THE PERFORMING ARTS THAT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE CODE (OR ANY CORRESPONDING PROVISION OF ANY FURTHER UNITED STATES INTERNAL REVENUE LAW). 22 22 80 96 0 0 814330 730862 3994873 4571403 13400 18702 39028 148548 4861631 5469515 0 0 0 0 1210187 1393137 0 0 281527 3815217 4136165 5025404 5529302 -163773 -59787 4074268 4008677 3284336 3282136 789932 726541 X BERGEN PERFORMING ARTS CENTER (BERGENPAC) IS A THEATER OF AND FOR THE COMMUNITY THAT IT SERVES THROUGHOUT NORTHERN NEW JERSEY, BY BEING A CREATIVE FOCUS, EDUCATIONAL RESOURCE, AND ENGINE OF ECONOMIC VITALITY. A NOT-FOR-PROFIT ORGANIZATION, BERGENPAC'S MISSION IS TO MAKE THE LIVE PERFORMING ARTS ACCESSIBLE TO THE ENTIRE POPULATION, BUILDING A CREATIVE HOME THAT GUIDES AND LIBERATES THE IMAGINATION OF OUR YOUNG, INSPIRES AND EXPANDS THE LIVES OF ADULTS, AND ATTRACTS ESTABLISHED AND EMERGING ARTISTS OF EXCELLENCE AND RELEVANCE. 0 0 5090550 4564514 BERGEN PAC BRINGS THE PERFORMING ARTS TO THE DIVERSE COMMUNITIES OF NORTHERN NEW JERSEY AND CONTINUOUSLY SEEKS TO ESTABLISH A CREATIVE HOME TO ARTISTS OF EXCELLENCE AND RELEVANCE WHO ENTERTAIN AND ENLIGHTEN, INSPIRE AND INFORM. BERGEN PAC PROVIDES OUTSTANDING ENTERTAINMENT AND A CONTINUUM OF EDUCATIONAL PROGRAMS IN THE PERFORMING ARTS THAT WILL GUIDE THE IMAGINATION OF YOUNG PEOPLE AND EXPAND THE LIVES OF EVERYONE IN OUR COMMUNITY. OVER 200,000 PEOPLE ATTEND OUR WORLD-CLASS PERFORMANCES EACH YEAR, AND THOUSANDS OF SCHOOL CHILDREN TAKE PART IN ARTS EDUCATION PROGRAMS AND WEEKDAY PERFORMANCES. 5090550 1 1 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 80 1 0 0 0 0 0 1 1 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X X BERGEN PERFORMING ARTS CENTER INC 2018168160 30 NORTH VAN BRUNT ST ENGLEWOOD NJ 07631 EDMONDO SCHWARTZ 4.00 X X 0 0 0 CHRIS YEGEN 2.00 X X 0 0 0 KELLI RABKE AGRESTA 2.00 X X 0 0 0 ROBERT COOK 2.00 X X 0 0 0 DONALD ARONSON 1.00 X 0 0 0 MITCHELL SACKS 1.00 X 0 0 0 MICHAEL SHANNON 1.00 X 0 0 0 DEVRY PAZANT 1.00 X 0 0 0 AMELIA GOLD 1.00 X 0 0 0 BERNARD KOSTER 2.00 X 0 0 0 MATT ROSS 1.00 X 0 0 0 MICHELLE OROPEZA 1.00 X 0 0 0 LOUIS PORTA 1.00 X 0 0 0 JULIE DIAZ 1.00 X 0 0 0 WENDY FEDERMAN 1.00 X 0 0 0 STANLEY SHIRVAN 1.00 X 0 0 0 KATHLEEN DONOVAN 1.00 X 0 0 0 BRENDAN WALSH 1.00 X 0 0 0 CHUCK SILBERMAN 1.00 X 0 0 0 JAMES M CARROLL 1.00 X 0 0 0 KORYN SCHERMER 1.00 X 0 0 0 ROBERT REY 1.00 X 0 0 0 DAVID RODRIGUEZ 50.00 X 169174 0 5208 169174 0 5208 1 0 1 0 0 540 314683 415639 794 730862 PERFORMANCE SALES 711190 3807787 3807787 THEATRE RENTAL REVENUE 711190 327911 327911 DANCE REVENUE 711190 219055 219055 OTHER REVENUE 711190 112939 112939 ADVERTISING REVENUE 711190 103711 103711 4571403 25591 25591 1339105 1345994 -6889 -6889 -6889 208075 540 59527 148548 148548 5469515 4571403 0 167250 194499 155599 19450 19450 977950 718470 90272 169208 3586 3586 85337 61494 8768 15075 131765 94950 13538 23277 8357 6003 858 1496 21524 15503 2215 3806 20415 12486 1610 6319 658556 658556 41925 34791 2680 4454 33928 21944 3118 8866 72924 70660 919 1345 4810 3466 494 850 89201 83086 2482 3633 102810 95763 2860 4187 42699 39772 1188 1739 COST OF PERFORMANCES 2828928 2828928 UTILITIES 124164 112237 4668 7259 BANKCARD FEES 40175 36393 3782 45749 36863 2105 6781 5529302 5090550 157225 281527 58621 83855 154687 174443 722744 620672 258184 260435 69545 83696 2418367 973694 1530070 1444673 1248575 1318159 31842 22744 4074268 4008677 323187 316391 764191 655265 171050 400000 2025908 1910480 3284336 3282136 X -1223337 -1292727 16000 12244 1997269 2007024 789932 726541 4074268 4008677 X -59787 -3604 X X 0 1 1 X 0 X 539014 2909291 852797 814330 729528 5844960 4302594 4013612 3994873 4779478 17090557 539014 7211885 4866409 4809203 5509006 22935517 0 0 0 22935517 2919 21996 19873 20087 25591 90466 2919 21996 19873 20087 25591 90466 541933 7233881 4886282 4829290 5534597 23025983 0.99610 0.99550 0.00390 0.00450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1966821 9755 32392 2008968 1730035 17234 253123 33571 1966821 1928652 51383 19713 19713 250000 1730035 0.99900 0.00100 0 0 227046 227046 1651095 495733 1155362 0 540226 477961 62265 0 1444673 FEDERALL NAT'L MEG ASSN NOTES 338901 F U.S. GOVERNMENT BONDS 114072 F U.S. GOVERNMENT NOTES 865186 F 1318159 LONG TERM DEBT 230480 BONDS PAYABLE 1680000 1910480 5469515 5529302 -59787 -3604 -3604 -63391 5627783 -3604 102345 59527 158268 5469515 0 5469515 5691174 102345 59527 161872 5529302 0 5529302 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO PROVIDE A SECURE FINANCIAL FOUNDATION OF BERGENPAC FOR YEARS TO COME, AND TO ASSURE A SUSTAINED LEVEL OF PROGRAMMING EXCELLENCE, BERGENPAC HAS EMBARKED ON A $15 MILLION CAPITAL AND ENDOWMENT CAMPAIGN. THE CAMPAIGN WILL PROVIDE FOR AN $8 MILLION ENDOWMENT FUND AND $7 MILLION FOR CAPITAL PROJECTS AND OPERATING EXPENSES. SINCE SUCCESSFUL NON-PROFIT PERFORMING CULTURAL ARTS CENTERS RELY ON 30% TO 50% OF ANNUAL REVENUES FROM CONTRIBUTIONS, AND SINCE ECONOMIC CONDITIONS FLUCTUATE EVEN AS NEEDS REMAIN CONSTANT THE ENDOWMENT FOR BERGENPAC ENSURES THAT THE CENTER WILL ALWAYS BE THERE TO SERVE THE REGION, ESPECIALLY DURING DIFFICULT TIMES WHEN THE JOY THAT THE ARTS BRING TO OUR LIVES MEANS EVEN MORE. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS 59,527. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT 59,527. GALA 208615 540 208075 59527 208615 540 208075 59527 59527 148548 X X 0 0 0 0 0 0 0 0 0 DAVID RODRIGUEZ 169174 0 0 0 0 0 5208 0 0 0 174382 0 81893 0 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S EXECUTIVE DIRECTOR AND EXECUTIVE COMMITTEE REVIEW FORM 990 AFTER THE CONTROLLER HAS COMPLETED HIS REVIEW. THE PRESIDENT OR TREASURER SIGNS IT AFTER THE REVIEW HAS BEEN COMPLETED. FORM 990, PART VI, SECTION B, LINE 12C 3. ALL STAFF MEMBERS ARE MADE AWARE OF THE CONFLICT OF INTEREST POLICY AS OUTLINED IN THE EMPLOYEE POLICIES MANUAL. COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS ADDRESSED AT STAFF MEETINGS AS WELL AS ON AN AD-HOC BASIS. ALTHOUGH MANAGEMENT IS NOT AWARE OF ANY CONFLICTS, ANY INCIDENT IS REPORTED TO THE EXECUTIVE DIRECTOR FOR INVESTIGATION AND APPROPRIATE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE EMPLOYMENT MARKET AND SPECIALIZED EXPERTISE DETERMINES COMPENSATION WHEN OFFICERS, KEY EMPLOYEES, AND THE EXECUTIVE DIRECTOR ARE INITIALLY HIRED. SUBSEQUENT CHANGES IN COMPENSATION ARE INCLUDED IN THE ANNUAL BUDGET AND ARE EFFECTIVELY APPROVED WITH THE RATIFICATION OF THE BUDGET BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 REPORT IS ALSO AVAILABLE FOR PUBLIC INSPECTION ON WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE DOCUMENTS IS PROVIDED TO THE PARTY REQUESTING THE DOCUMENTS IN A TIMELY MANNER UPON WRITTEN REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -3,604. AUDIT RESPONSIBLITY FORM 990, PART XI, LINC 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. FOR FISCAL YEAR END 6/30/11, THE ORGANIZATION DID NOT CHANGE ITS SELECTION OF AN INDEPENDENT ACCOUNTANT. AMENDED RETURN FORM 990, PART X, LINE 27 & 28 THE ORGANIZATION HEREBY AMENDS THE 6/30/2011 "RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX" (FORM 990) TO REFLECT THE FOLLOWING CHANGES PER THE AUDITED FINANCIAL STATEMENTS: 1. UNRESTRICTED NET ASSETS DECREASED FROM $1,298,427 TO $1,292,727, THE DECREASE RESULTED FROM A DECREASE IN CHANGE IN UNRESTRICTED NET ASSETS DUE TO CERTAIN NET ASSETS BEING RELEASED FROM TEMPORARY RESTRICTIONS IN THE AMOUNT OF $ 5,700. 2. TEMPORARY RESTRICTED NET ASSETS DECREASED FROM $17,944 TO $12,244, THE DECREASE RESULTED FROM THE DECREASE IN TEMPORARILY RESTRICTED NET ASSETS FROM $1,944 TO ($3,756). 3. PROGRAM SERVICE EXPENSES INCREASED FROM 5,080,837 TO 5,090,550. THIS RESULTED IN A DECREASE OF $3,585 FOR MANAGEMENT AND GENERAL EXPENSES AND A DECREASE OF 6,128 FOR FUNDRAISING EXPENSES.