2011-05-13T13:16:40-05:00 2010-06-30 Moss Adams LLP 3121 West March Lane Suite 100 Stockton CA 952192303 990 2009-07-01 946135772 American Conservatory Theatre Foundation AMER 4158343200 30 Grant Avenue San Francisco CA 94108 Jason Seifer 4158343200 2011-05-11 1 TRACY S PAGLIA 2099556100 2009 2016-02-24 21:20:13Z Ellen Richard 30 Grant Avenue San Francisco CA 94108 23912285 0 X www.act-sf.org X 1965 CA A.C.T. nurtures the art of live theater through dynamic productions, intensive actor training in its conservatory, and an ongoing dialogue with its community. 46 45 536 75 -16007 -4206 8564342 7857820 10133978 10014407 -18427 59856 1182425 324001 19862318 18256084 0 254184 0 0 11678820 10890128 173978 1170 1435425 8288075 8229454 20140873 19374936 -278555 -1118852 41370625 41703031 5994103 5627197 35376522 36075834 Production of theater and actor training. American Conservatory Theater nurtures the art of live theater through dynamic productions, intensive actor training in its conservatory, and an ongoing dialogue with its community. Under the leadership of Artistic Director Carey Perloff and Executive Director Ellen Richard, A.C.T. embraces its responsibility to conserve, renew, and reinvent the rich theatrical traditions that are our collective legacy, while exploring new artistic forms and new communities. A commitment to the highest standards informs every aspect of A.C.T.'s creative work. 0 0 12449467 0 8470823 A.C.T. is nationally recognized for its groundbreaking productions of classical works and bold explorations of contemporary playwriting. Since the reopening of the American Conservatory Theater (formerly the Geary) in 1996, A.C.T. has enjoyed a remarkable period of audience expansion and renewed financial stability. The company continues to produce challenging theater in the rich context of symposia, audience discussions, and community interaction. (255 Performances) 3061222 254184 1543584 The conservatory, led by Melissa Smith, now serves 3,000 students every year. It was the first actor training program in the United States not affiliated with a college or university accredited to award a master of fine arts degree. Danny Glover, Annette Bening, Denzel Washington, Benjamin Bratt, and Anika Noni Rose are among the conservatory's distinguished former students. With its commitment to excellence in actor training and to the relationship between training, performance, and audience, the A.C.T. Master of Fine Arts Program has moved to the forefront of America's actor training programs, while serving as the creative engine of the company at large. (34 MFA Students and 145 Classes/Workshops for public) 15510689 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 307 0 1 536 1 1 1 0 0 0 0 1 1 0 0 0 46 45 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X Jason Seifer 4158343200 30 Grant Avenue San Francisco CA 94108 Jack Cortis 1.00 X X 0 0 0 Nancy Livingston 1.00 X X 0 0 0 Rusty Rueff 1.00 X X 0 0 0 Cheryl Sorokin 1.00 X X 0 0 0 Lawrence P Varellas 1.00 X X 0 0 0 Lesley Ann Clement 1.00 X X 0 0 0 Alan L Stein 1.00 X X 0 0 0 Judy Anderson 1.00 X 0 0 0 Barbara Bass Bakar 1.00 X 0 0 0 Daniel E Cohn 1.00 X 0 0 0 Joan Danforth 1.00 X 0 0 0 Richard T Davis 1.00 X 0 0 0 Francie Epsen Devlin 1.00 X 0 0 0 Mike Dovey 1.00 X 0 0 0 Olympia Dukakis 1.00 X 0 0 0 Lincoln Evans-Beauchamp 1.00 X 0 0 0 Mortimer Fleishhacker 1.00 X 0 0 0 Marilee Gardner 1.00 X 0 0 0 Priscilla B Geeslin 1.00 X 0 0 0 Scott J Germer 1.00 X 0 0 0 Kaatri B Grigg 1.00 X 0 0 0 Kent Harvey 1.00 X 0 0 0 Kirke M Hasson 1.00 X 0 0 0 Dianne Hoge 1.00 X 0 0 0 Jo Hurley 1.00 X 0 0 0 David ibnAle 1.00 X 0 0 0 Jeri Lynn Johnson 1.00 X 0 0 0 Alan Jones 1.00 X 0 0 0 Sue Yung Li 1.00 X 0 0 0 Deedee McMurtry 1.00 X 0 0 0 Mary Metz 1.00 X 0 0 0 Michele Miller 1.00 X 0 0 0 Carey Perloff 50.00 X X 257401 0 17849 David Riemer 1.00 X 0 0 0 Sally Rosenblatt 1.00 X 0 0 0 Abby Sadin Schnair 1.00 X 0 0 0 Russ Selinger 1.00 X 0 0 0 Diana L Starcher 1.00 X 0 0 0 Steven L Swig 1.00 X 0 0 0 Laila Tarraf 1.00 X 0 0 0 Lorenzo Thione 1.00 X 0 0 0 Patrick Thompson 1.00 X 0 0 0 Jeff Ubben 1.00 X 0 0 0 Barry Williams 1.00 X 0 0 0 Carlie Wilmans 1.00 X 0 0 0 Nola Yee 1.00 X 0 0 0 Heather Kitchen 50.00 X 257500 0 8471 Thomas Proehl 50.00 X 177692 0 4448 James Haire 50.00 X 173753 0 3178 Melissa Smith 50.00 X 150120 0 6281 Tim Whalen 50.00 X 153859 0 2408 Thomas Morgan 50.00 X 115000 0 0 Janette Andrawes 50.00 X 105832 0 8234 1391157 0 50869 8 0 1 0 Kneehigh Thtre Trst LTD 15 Walsingham Pl Truro Cornwall UK TR12RP Production Company for 1 Show in FY10 424514 Lewis & Taylor 440 Bryant Street San Francisco CA 94107 Janitorial Services 216159 DCM Inc 45 Main Street Suite 816 Brooklyn NY 11201 Telefunding for Subscription Sales 118191 3 626593 356000 6875227 316397 7857820 THEATER BOX OFFICE INC 711110 8269060 8269060 CONSERVATORY TUITION 611310 1543584 1543584 COSTUME RENTAL 900099 180153 180153 PRODUCTION ENHANCEMENT 711110 21610 21610 10014407 199553 -16007 215560 203011 270059 -67048 -67048 -67048 5100653 5240350 -139697 -139697 -139697 56000 626593 145792 -89792 -89792 CONCESSIONS 711110 213254 213254 PUBLICATIONS & MKTING 711110 165017 165017 Other income 900099 40540 40540 62030 62030 480841 18256084 10014407 -16007 399864 254184 254184 1240284 604871 471071 164342 7845687 6371048 994769 479870 167150 167150 914452 663499 173821 77132 722555 556367 115609 50579 68991 37945 6899 24147 1170 1170 54660 54660 2139913 2139913 155702 48926 8896 97880 215805 132723 73851 9231 259481 259481 1855572 1575985 259887 19700 434019 338857 25768 69394 59495 32866 5601 21028 815184 767232 38362 9590 106148 64868 41280 Production Expenses 921573 921573 Other Expenses 910358 340648 199628 370082 Ticketing Fee and Charg 232553 232553 19374936 15510689 2428822 1435425 1200836 1512196 231232 447132 5380227 4893135 283979 218532 703694 693366 31282385 14387153 17669833 16895232 7553803 5313925 7729548 10827653 617473 901860 41370625 41703031 1287292 1532792 4426179 3881017 280632 213388 5994103 5627197 X 6441655 6068870 3701666 3734461 25233201 26272503 35376522 36075834 41370625 41703031 X 0 1 1 X 1 1 X 11759467 13688987 9253913 8564342 7857820 51124529 11759467 13688987 9253913 8564342 7857820 51124529 5708391 45416138 638613 1315125 697085 647745 418571 3717139 1604413 2255838 951185 1049622 536841 6397899 61239567 53920324 0.74160 0.75690 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income Special Event RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20582696 1314169 2042730 1108500 0 198665 22632430 24530484 1052201 -3478953 1521036 0 0 20582696 0.00000 1.00000 0.00000 0 0 1173889 1173889 25322029 10080868 15241161 4786467 4306285 480182 16895232 Pooled Investment Fund 10827653 F 10827653 Capital lease obligation, current portion 67243 Capital lease obligation, net of current portion 146145 213388 18256084 19374936 -1118852 2044719 -226555 1818164 699312 20676974 2044719 14980 415851 2475550 18201424 54660 54660 18256084 19977662 14980 642406 657386 19320276 54660 54660 19374936 Part V, Line 4: Description of Intended Use of Endowment Funds: The ACT Endowment is intended to provide program and institutional support in three main areas: on the main stage, in the conservatory programs, and in developing new works. Part X: Description of Uncertain Tax Positions Under FIN 48: Effective July 1, 2009, A.C.T. began reviewing and assessing tax positions taken or expected to be taken against more-likely-than-not recognition threshold and measurement attributes for financial statement recognition. A.C.T.'s policy for evaluating uncertain tax positions is a two step process. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more-likely-than-not that the position will be sustained upon audit, including resolution of related appeals or litigations processes, if any. The second step is to measure the tax benefit or liability as the largest amount that is more than 50% likely to be realized or incurred upon settlement. Based on an analysis prepared by A.C.T., it was determined that there are no uncertain tax positions for the year ended June 30, 2010 and no provision for income taxes has been included in the accompanying financial statements. Part XI, Line 8 - Other Adjustments: Losses for uncollectible pledges receivable: -226555. Part XII, Line 2d - Other Adjustments: Rental Expenses: 270059. Special Events: 145792. Part XIII, Line 2d - Other Adjustments: Losses for uncollectible pledges receivable: 226555. Rental Expenses: 270059. Special Events: 145792. GALA 682593 626593 56000 14330 131462 682593 626593 56000 14330 131462 145792 -89792 1 Scholarships 30 254184 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: ACT conservatory grants are reviewed and approved by the financial aid director and the Conservatory Director. Grant monitoring is accomplished by ACT disbursing the grants directly to pay for tuition expense. Other Information: Part IV: The only grants made by this organization are for tuition scholarships for students attending the Conservatory. X X X X X 1 0 0 0 0 0 0 0 0 Carey Perloff 257401 0 0 0 0 0 0 0 17849 0 275250 0 0 0 Heather Kitchen 257500 0 0 0 0 0 0 0 8471 0 265971 0 0 0 Thomas Proehl 177692 0 0 0 0 0 0 0 4448 0 182140 0 0 0 James Haire 173753 0 0 0 0 0 0 0 3178 0 176931 0 0 0 Melissa Smith 150120 0 0 0 0 0 0 0 6281 0 156401 0 0 0 Tim Whalen 153859 0 0 0 0 0 0 0 2408 0 156267 0 0 0 Part I, Line 4a Heather Kitchen, Former Executive Director, was party to a severance agreement during the year. No payments were made under the agreement in calendar year 2009. Kent Harvey Trustee of ACT and CFO of PG&E Corp 167454 Payments for Gas and Electric Utility services 0 Warren D Keith Family Member of Melissa Smith, Key Employee 11255 Acting Teacher 0 X 6600 fair market value X 7500 fair market value X 18 289133 high/low market average X 1 3500 fair market value X Computers 2 9664 fair market value 0 1 0 Form 990, Part VI, Section B, line 11 The 990 is prepared by the Director of Finance and Moss Adams LLP, and reviewed by at least one other senior administrative staff member. It is then emailed to the audit committee for their review and approval prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The Board of Trustees and Officers are required to fill out a Conflict of Interest Disclosure Statement on an annual basis. Trustees are expected to recuse themselves from board of trustee or committee meetings where a conflict of interest may arise. Form 990, Part VI, Section B, line 15 Compensation for the Artistic Director and the Executive Director is reviewed and approved annually by the Board of Trustees. Artistic Director and Executive Director are contracted directly by the Board, with contracts covering three year terms. As part of the renewal process, the Board utilizes comp data from industry specific sources to benchmark compensation for these positions. Form 990, Part VI, Section C, line 19 Form 990, Part VI, Section C, Line 19: - The organization does not have the governing documents available for ready public disclosure, but would make them available upon request. - ACT conflict of interest policy is available to the public upon request. - Audited financial statements are available on the organization's website and upon request.