2011-04-18T14:19:12-05:00 2010-06-30 RSM MCGLADREY INC ONE SOUTH WACKER DRIVE SUITE 800 CHICAGO IL 606063392 990 2009-07-01 363930153 MUSIC AND DANCE THEATER Chicago Inc MUSI 3123342400 205 East Randolph Drive CHICAGO IL 60601 V MICHAEL TIKNIS 3123342400 2011-04-19 1 3126343400 2009 2016-02-24 21:20:13Z harris theater for music and dance V MICHAEL TIKNIS 205 East Randolph Drive CHICAGO IL 60601 12799191 0 X WWW.HARRISTHEATERCHICAGO.ORG X 1993 IL THE HARRIS THEATER'S MISSION IS TO PROVIDE A PERFORMING ARTS VENUE FOR AND TO PARTNER AND ASSIST THE GROWTH OF AN ARRAY OF CHICAGO'S EMERGING AND MID-SIZED PERFORMING ARTS ORGANIZATIONS TO HELP THEM BUILD THE RESOURCES AND INFRASTRUCTURE NECESSARY TO ACHIEVE ARTISTIC GROWTH AND LONG-TERM ORGANIZATIONAL SUSTAINABILITY. 33 32 233 30 0 0 4173718 1904545 1484134 1808205 109640 705474 7320 1646759 5774812 6064983 0 0 2389041 2117641 0 307579 5348307 4494179 7737348 6611820 -1962536 -546837 64173841 64737798 21869531 21671636 42304310 43066162 See Schedule O. 0 0 5053614 864923 Harris Theater Partnership InitiativeThe technologically-advanced Harris Theater presents opportunities for the companies to expand their audience development tactics, utilize enhanced production elements, and update their current technology strategy. However, limited financial and administrative resources present challenges to the resident companies as they build the administrative capacity necessary for long-term sustainability. To address this need, the Harris Theater has developed core partnership initiatives to empower its approximately 35 non-profit companies to meet their varied artistic and institutional goals. Through philanthropy, grants, and contributions from generous members of the community, the Theater partners with its non-profit users to support collaboration, artistic growth and development, institutional advancement, and resource sharing. The partnership initiative encompasses the Theater's services into the following main areas: -subsidy programs -68% of daily usage costs are underwritten by the Theater-companies are provided with theatrical, lighting, and sound equipment & in-house technical staff-marketing, press relations, & ticket sales support-family arts enrichment programming-capacity-building Learning Lab that provides a comprehensive toolkit and targeted coaching sessions to help companies build their marketing, fundraising, governance, fiscal, and administrative capabilities 55452 31322 Harris Theater Family Enrichment & Community Engagement InitiativeThe Theater focuses its educational and community engagement programs on families as well as partnership with local students and community groups.The primary focus of the Theater's educational programming is its Family Series. The Family Series focuses on the core constituencies of children and families, enabling these groups to attend condensed, family-friendly arts performances together. The goal of these performances is to expose and engage family members in the live performing arts and provide them with activities that enable them to continue to incorporate this learning into their lives. In an effort to provide an opportunity for families who might not otherwise have the ability to attend live performances, the Theater developed an Access Tickets Program, in which the Theater partners with various social service and health agencies to provide a minimum of 10% of tickets to Family Series performances free of charge to these groups. This program will ensure that families, who might not otherwise have the financial capacity, are able to experience the benefits of music and dance to enrich their lives. During the 2009-2010 season, the Theater provided 1,014 complimentary tickets to local children and families through the Access Tickets Program. During the 2010-2011 season, the Theater plans to serve 1,150. 633662 911960 Harris Theater Presents The purpose of the Harris Theater Presents series is to present extraordinary artists, ensembles, and performances that would otherwise not be seen in Chicago. Performances are selected to complement the works of the Theater's resident companies, build audiences, and extend the Theater's mission through local and national visibility. Past Harris Theater Presents performances have included: Laurie Anderson, Joan Baez, Garth Fagan Dance, Les Ballets Africains, New York City Ballet, and the West-Eastern Divan Orchestra among others.The 2009/2010 season featured the return of Mikhail Baryshnikov, Lang Lang with the Schlewsig-Holstein Festival Orchestra, legendary opera diva Kathleen Battle in concert with Chicago Children's Choir, a conversation with Stephen Sondheim, and more.When possible, the Theater extends the reach of its Harris Theater Presents and Family Series by facilitating partnerships with the artists it is presenting and local artists, students, and community groups. 5742728 1 1 0 0 0 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 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 25 0 1 233 1 0 0 0 0 0 1 1 0 0 0 33 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X kathleen COUGHLIN 3123342400 205 EAST RANDOLPH DRIVE CHICAGO IL 60601 MS JOAN W HARRIS 20.00 X X 0 0 0 MR DAVID C BLOWERS 5.00 X X 0 0 0 ALEXANDRA NICHOLS 5.00 X X 0 0 0 MS ABBY O'NEIL 8.00 X X 0 0 0 MARY KAY SULLIVAN 5.00 X X 0 0 0 MS CARYN HARRIS 5.00 X X 0 0 0 MS CHRISTINE N EVANS 10.00 X X 0 0 0 DR RICARDO ROSENKRANZ 5.00 X X 0 0 0 MR JAMES L ALEXANDER 1.00 X 0 0 0 MR PETER ASCOLI 3.00 X 0 0 0 MR GRAHAM W ATKINSON 1.00 X 0 0 0 MR JOHN W BALLANTINE 1.00 X 0 0 0 MR PAUL BOULIS 3.00 X 0 0 0 ms ELIZABETH HARTIGAN 3.00 X 0 0 0 MR STEPHEN A CRUISE 3.00 X 0 0 0 MS AMINA J DICKERSON 1.00 X 0 0 0 MR PETER M ELLIS 1.00 X 0 0 0 MR JAMES B FADIM 1.00 X 0 0 0 MS LORI GRAY FAVERSHAM 1.00 X 0 0 0 MS JOAN FEITLER 1.00 X 0 0 0 MR JAMES F FELDSTEIN 3.00 X 0 0 0 MS SANDRA P GUTHMAN 8.00 X 0 0 0 MR LELAND HUTCHINSON 1.00 X 0 0 0 MR STEPHEN A KAPLAN 1.00 X 0 0 0 MR MERRILYN J KOSIER 3.00 X 0 0 0 MS JUDITH NEISSER 1.00 X 0 0 0 MR JASON PALMQUIST 1.00 X 0 0 0 MS BETTINA SLUSAR 3.00 X 0 0 0 MS SARAH SOLOTAROFF 3.00 X 0 0 0 MR JEFFREY STEELE 3.00 X 0 0 0 MS ROBIN S TRYLOFF 3.00 X 0 0 0 MS MARILYN FATT VITALE 1.00 X 0 0 0 MS DORI WILSON 1.00 X 0 0 0 MS MARIA ZEC 1.00 X 0 0 0 V MICHAEL TIKNIS 40.00 X 223814 0 5397 KATHLEEN M COUGHLIN 40.00 X 129430 0 3250 KRISTIN M STEWART 40.00 X 79554 0 6741 CHERYL MENDELSON SHURE 40.00 X 208802 0 11138 THOMAS W BOUCHER 40.00 X 150057 0 13505 STEVEN M ABRAMS 40.00 X 114310 0 7691 905967 0 47722 5 0 1 0 SHEFSKY AND FROELICH 111 E WACKER DR SUITE 2800 CHICAGO IL 60601 LEGAL 787883 RATHS RATHS AND JOHNSON 835 MIDWAY DRIVE WILLOWBROOK IL 60527 ENGINEERING 231132 K&L GATES LLP 70 WEST MADISON SUITE 3100 CHICAGO IL 60602 LEGAL 112336 3 67859 1836686 100000 1904545 THEATER BOX OFFICE 711190 943282 943282 usage fees 711190 864923 864923 1808205 574775 574775 6852094 6721395 130699 130699 130699 12813 67859 12813 0 settlement income 900099 1637500 1637500 miscellaneous income 900099 9259 9259 1646759 6064983 1808205 0 2352233 945730 743532 78398 123800 806456 634035 66853 105568 23947 18782 2086 3079 212408 178885 18082 15441 129100 105652 11129 12319 325898 293308 32590 27170 24453 2717 414093 412697 296 1100 236265 211286 9438 15541 129230 116526 8301 4403 360984 324886 36098 29035 22237 2238 4560 887629 798866 88763 1617950 1456155 161795 212477 191254 21223 repairs & maintenance 107600 98357 9243 subsidized funding to c 81208 73087 8121 OTHER EXPENSE 44064 27873 2935 13256 SALES TAX 11177 10059 1118 cultivation events 8512 8512 887 798 89 6611820 5742728 561513 307579 568305 82269 11954 13660 1139492 951286 318991 459347 60000 36000 10614 8714 148007 59454 51629817 9150023 43616528 42479794 13511698 17839655 4630802 2650169 157450 157450 64173841 64737798 267094 192501 203938 261471 20000000 20000000 1398499 1217664 21869531 21671636 X 40325932 41472919 1478378 1093243 500000 500000 42304310 43066162 64173841 64737798 X 0 1 1 X 0 X 1665211 2536109 3090167 4173718 1904545 13369750 1665211 2536109 3090167 4173718 1904545 13369750 13369750 626023 642679 884726 549672 574775 3277875 16647625 13612861 0.80310 0.80830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 500000 13966 13966 500000 500000 500000 1.00000 1 0 49741149 7850206 41890943 1793849 1299817 494032 94819 94819 42479794 due to contractor 47714 fair value of swap agreement 1169950 1217664 6064983 6611820 -546837 1696965 -388276 1308689 761852 7774761 1696965 12813 1709778 6064983 0 6064983 7012909 401089 401089 6611820 0 6611820 Part V, Line 4: Description of Intended Use of Endowment Funds: GENERAL OPERATING COSTS Part X: Description of Uncertain Tax Positions Under FIN 48: On June 30, 2008, the Theater adopted the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Theater may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Theater, the continued tax-exempt status of the bond issued by the Theater, and various positions related to the potential sources of unrelated business taxable income (UBTI). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. At June 30, 2010 and 2009, management has determined that there are no uncertain tax positions. Part XI, Line 8 - Other Adjustments: CHANGE IN UNREALIZED LOSS ON SWAP AGREEMENT: -388276. Part XII, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSES: 12813. Part XIII, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSES: 12813. CHANGE IN UNREALIZED LOSS ON SWAP AGREEMENT: 388276. MIKHAIL BARYSHNIKOV DINNER 33875 29621 4254 4254 STEPHEN SONDHEIM DINNER 25517 18618 6899 6899 1 21280 19619 1661 1661 80672 67858 12814 12814 12814 0 X X X X X 0 0 0 1 0 0 0 0 0 V MICHAEL TIKNIS 213814 0 0 0 10000 0 5397 0 1918 0 231129 0 0 0 CHERYL MENDELSON SHURE 198802 0 10000 0 0 0 5100 0 0 0 213902 0 0 0 THOMAS W BOUCHER 150057 0 0 0 0 0 0 0 13505 0 163562 0 0 0 Part I, Line 5 CHERYL SHURE HAS A VARIABLE COMPENSATION AGREEMENT BASED ON ACHIEVING AGREED UPON LEVELS OF CONTRIBUTIONS. THE AMOUNT OF COMPENSATION RECEIVED WAS $10,000. ILLINOIS FINANCe AUTHORITY 861091967 45200BLT3 2005-03-01 20000000 REFINANCE OF CONSTRUCTION LOAN PAYABLE 0 0 20000000 20000000 2003 0 0 1 1 0 1 0 0 0 1 V MICHAEL TIKNIS X 100000 36000 0 1 1 36000 X REPAIRS 1 100000 0 0 0 Form 990, Part VI, Section B, line 11 On September 16, 2010 the Board of Trustees of the Harris Theater approved a resolution that, with the Fiscal year ended June 30, 2010, gives the Audit and Finance Committee of the Board the authority to review the Form 990 on the Board's behalf. On October 18, 2010, the Audit and Finance committee of the Board of Trustees met with representatives of RSM McGladrey, who prepared the 990 and conducted that review. The extent of that review includes covering key issues. EACH BOARD MEMBER RECEIVED AN ELECTRONIC COPY OF THE FINAL VERSION OF FORM 990 PRIOR TO ITS FILING. Form 990, Part VI, Section B, line 12c MUSIC AND DANCE THEATER CHICAGO, INC'S. ("MADTC") CONFLICT ON INTEREST POLICY ADDRESSES TRANSACTIONS AND ARRANGEMENTS INVOLVING MADTC'S TRUSTEES, officers and any other managers or supervisors identified by the Board of Trustees or the President as exercising substantial influence over the operations of MADTC ("Covered Persons"). Each Covered Person upon becoming such shall prepare, sign and submit a Conflict of Interest Questionnaire. In addition, each Covered Person shall promptly and fully disclose all material facts of every actual or potential conflict of interest: (I) That arises while he/she is a Covered Person, at the time such actual or potential conflict arises; and; (II)Annually by preparing, signing and submitting a Conflict of Interest Questionnaire. All disclosures involving a transaction or arrangement being considered at a meeting of the Board of Trustees or of a board committee shall be made to all members present at such meeting. All other disclosures shall be made to the President (who shall disclose his or her conflicts to the Board of Trustees). A Covered Person who is in doubt as to the existence of a conflict of interest is encouraged to disclose all facts pertaining to the transaction or arrangement before undertaking the transaction or arrangement or making any decision in the matter. Each Covered Person shall sign a statement acknowledging that he or she has received a copy of this Policy, has read and understands it, and agrees to comply with it. If the Board of Trustees has reasonable cause to believe that a Covered Person has failed to comply with this Policy, the Board may counsel the Covered Person regarding such failure and, if the issue is not resolved to the Board's satisfaction, may consider additional corrective action as appropriate. Form 990, Part VI, Section B, line 15 Before hiring a key employee to the Theater, certain members of the Board of Trustees, including the then Chair, will lead the search for the executive, subject to a job description and scope approved by the Board. The compensation for the position will be based on a recommendation from an independent consultant based on comparable data. After identifying several candidates, several Board members will conduct the interviews and will agree to a candidate to present to the full Board, along with their recommendation for compensation. The Board must then give their approval before hiring. All minutes of Board of Trustee meetings are prepared and are subject to approval at the following Board meeting. Form 990, Part VI, Section C, line 19 The theater makes documents available to the public and interested parties in a number of ways. The theater participates in the Cultural Data Project which provided detailed information on the organization, including financial data. In addition, the theater applies for numerous grants from foundations as well governmental bodies and provides such documents in that application process. Web sites such as Guide Star also have relevant documents of the theater. Form 990, Part III, Line 1 - The Organization's Mission: The Harris Theater's mission is to partner with an array of Chicago's emerging and mid-sized performing arts organizations to help them build the resources and infrastructure necessary to achieve artistic growth and long-term organizational sustainability. The Theater supports this mission by providing these partner organizations subsidized rental, technical expertise, and marketing support, thus allowing the organizations to focus on what they do best - bringing the finest music and dance to the public. Additionally, the Harris Theater is committed to presenting world-class music and dance organizations in order to maintain its reputation as a venue of growing importance as well as to help build audiences for its resident companies. Lastly, an important part of the Theater's mission is to advance arts education for children and adults through family programming. The Theater's family programming enables parents and children to experience music and dance together with the idea that family-wide learning will lead to a deeper and more meaningful incorporation of art into children's lives and will, ultimately, build long-term audiences for the Theater's resident companies.