2024-05-06T12:27:28-05:00 2023-06-30 WITHUMSMITHBROWN PC 1411 BROADWAY 9TH FLOOR NEW YORK NY 10018 990 2022-07-01 221950890 COUNT BASIE THEATRE INC % ADAM PHILIPSON COUN 7322248778 99 MONMOUTH STREET RED BANK NJ 07701 ADAM PHILIPSON CEO & PRESIDENT 7322248778 2024-05-02 true ADAM PHILIPSON 999009999 CATHERINE BENDALL CPA P00521196 2127519100 2024-05-02 2 2022 2023-04-26 12:10:37Z COUNT BASIE CENTER FOR THE ARTS ADAM PHILIPSON 99 MONMOUTH STREET RED BANK NJ 07701 31141156 false X THEBASIE.ORG X 1972 NJ to inspire, educate and entertain through its distinct and engaging cultural and artistic offerings hat embrace and amplify the diversity of the region. 39 38 394 39 206011 0 7445406 7545775 15139109 17186184 179105 218100 159258 206011 22922878 25156070 0 0 0 0 4919718 5831125 0 0 1595916 14973768 16721530 19893486 22552655 3029392 2603415 62515984 69340268 27939410 30218511 34576574 39121757 X The Count Basie Center for the Arts is New Jersey's premier center for the cultural arts, dedicated to fostering powerful, inclusive artistic experiences and creative exchange of ideas. The Basie mission is to inspire, educate and entertain through its distinct and engaging cultural and artistic offerings that embrace and amplify the diversity of the region. As a nonprofit organization, the Basie is committed to enriching the community's quality of life by generating opportunities for participation in the arts, partnering with schools, collaborating with other mission-based organizations and driving regional economic prosperity. false false 19161531 17392195 The Count Basie Center for the Arts continues to persevere in its mission to Inspire, Educate and Entertain through our distinct and engaging cultural and artistic offerings, all of which aim to embrace and amplify the diversity of the region. In FY2023, the Count Basie Center Academy welcomed more than 1,000 students to our Red Bank campus, engaging them with a variety of performing arts experiences - from mainstage productions like Disney's Beauty and the Beast, Matilda, Newsies, Chicago and Annie, to acting, dancing and vocal lessons, instruction in auditioning for television and film, and more. At the Basie Center's Monmouth Conservatory of Music, nearly 100 students receive regular instruction in piano, classical guitar, woodwinds, strings and other instruments, in addition to group experiences such as ensembles and orchestra. In line with goals expressed in our ongoing 'Forever For Everyone' endowment campaign, the Basie Center organization offered 150 scholarships to its programs in FY23 - more than twice as many as the year prior. These scholarships have provided experiences to students who may otherwise have not had access to the performing arts. Also, in alignment with organizational values and strategic goals, the Count Basie Center has employed an organization-wide focus on initiatives tied to promoting Diversity, Equity, Inclusion, Access and Belonging including required training for all full- and part-time staff, an increase in culturally diverse programming and performing artists, hosting of a series of critical conversations, and the hiring of a director of community engagement. Firty area students participated in the annual Louis & Gia Maione Prima Music Camp, a free summer camp which introduces students to their very first musical instrument and provides them with an opportunity to participate in a public performance. Both the Count Basie Center Gospel Choir and the Calpulli Mexican Dance Company held classes and public performances on our stages, bringing cultural significance and authenticity to events such as our annual Cinco de Mayo or Juneteenth community celebrations. In late May, the annual Basie Awards ceremony took place, packing the Basie Center's Hackensack Meridian health Theatre with more than 1,500 fans on hand to celebrate excellence in Monmouth County high school theatre. Lastly, nearly more than 6,200 students visited the Count Basie Center campus as part of our 'Curtains Up For Kids' school show program, which was able to welcome 58 schools while subsidizing more than $38,000 worth of event tickets and $17,000 in bus transportation. 19161531 true true false false false false false false false true true true false false true true true false false false false false false false true false false false false true false false false false false false false false true false false false false false false false false false 224 0 394 true true true false false false false true true false false false false false false false false X 39 38 true false false false false false false true true false false true true true true true true true true false NJ X ADAM PHILIPSON 7322248778 99 MONMOUTH STREET RED BANK NJ 07701 Adam Philipson CEO & PRESIDENT 60.0 0.0 X 431643 0 28284 Karen Franklin Chief Financial Officer 40.0 0.0 X 224197 0 19042 Jonathan E Vena Chief Marketing Officer 40.0 0.0 X 188429 0 18397 Isidore Sackowitz Chief Operating Officer 40.0 0.0 X 188478 0 863 Lysa J Israel sr. Director of Development 40.0 0.0 X 143301 0 306 Ann Marie Keenan Human Resources Director 40.0 0.0 X 112500 0 11511 Samantha Giustiniani VP, Education & Outreach 40.0 0.0 X 113066 0 6043 Jeremy Grunin CHAIRPERSON 5.0 0.0 X X 0 0 0 Maggie Riker Co-Vice Chairperson 5.0 0.0 X X 0 0 0 Stephen Cutler TREASURER 5.0 0.0 X X 0 0 0 Maria Maher CO-SECRETARY 5.0 0.0 X X 0 0 0 Michael Parent Co-Vice Chairperson 5.0 0.0 X X 0 0 0 SoVonna Day-Goins CO-SECRETARY 5.0 0.0 X X 0 0 0 Robin Klein Governance Chair 5.0 0.0 X X 0 0 0 Claudia Dulac dei officer 5.0 0.0 X X 0 0 0 Stuart Alderoty Board Member 1.0 0.0 X 0 0 0 Mitchell Ansell Board Member 1.0 0.0 X 0 0 0 Alison Banks-Moore Board Member 1.0 0.0 X 0 0 0 Tom Bernard Board Member 1.0 0.0 X 0 0 0 Sarah Bradley Board Member 1.0 0.0 X 0 0 0 Michael Bruno Board Member 1.0 0.0 X 0 0 0 Heather Burke Board Member 1.0 0.0 X 0 0 0 James M Cadet Board Member 1.0 0.0 X 0 0 0 Puja Choudhry Board Member 1.0 0.0 X 0 0 0 Jerry Conaty Board Member 1.0 0.0 X 0 0 0 Craig Cummings Board Member 1.0 0.0 X 0 0 0 Mollie Giamanco Board Member 1.0 0.0 X 0 0 0 Lauren Goldfarb Board Member 1.0 0.0 X 0 0 0 Yvonne Grayson Board Member 1.0 0.0 X 0 0 0 Mark Hogan Board Member 1.0 0.0 X 0 0 0 Jason Jurgens Board Member 1.0 0.0 X 0 0 0 Nancy Karpf Board Member 1.0 0.0 X 0 0 0 Marshall Knopf Board Member 1.0 0.0 X 0 0 0 Mario Monello Board Member 1.0 0.0 X 0 0 0 Mark Rohl Board Member 1.0 0.0 X 0 0 0 Peter T Roselle Board Member 1.0 0.0 X 0 0 0 Matthew J Saker Board Member 1.0 0.0 X 0 0 0 Peter Seligman Board Member 1.0 0.0 X 0 0 0 Richard Spengler Board Member 1.0 0.0 X 0 0 0 Carol Stillwell Board Member 1.0 0.0 X 0 0 0 Fran Turner Board Member 1.0 0.0 X 0 0 0 Joe Wajda Board Member 1.0 0.0 X 0 0 0 Tom Widener Board Member 1.0 0.0 X 0 0 0 Darrell Lawrence Willis Sr Board Member 1.0 0.0 X 0 0 0 Kaye Wise Board Member 1.0 0.0 X 0 0 0 Edward Zipprich Board Member 1.0 0.0 X 0 0 0 1401614 0 84446 7 false true false Thoroughbred Management of NJ LLC 12 Gansett Court LONG BRANCH NJ 07740 Consulting 304700 Light of Day Foundation PO Box 105 ALLENHURST NJ 07711 Artist Fee 206892 ICM Partners 10250 Constellation Blvd 7th Floor LOS ANGELES CA 90067 Artist Fee 178721 WME 9601 Wilshire Blvd 3rd Floor BEVERLY HILLS CA 90210 Artist Fee 152333 Bertam Publishing Company 4123 Lanker shim Blvd NORTH HOLLYWOOD CA 91602 Artist Fee 125000 6 28050 2080948 5436777 466981 7545775 BOX OFFICE INCOME 711110 13435461 13435461 THEATRE RENTAL INCOME 532000 1387595 1387595 CONCESSION INCOME 711110 1389127 1389127 WORKSHOP INCOME 711110 665511 665511 CONSERVATORY INCOME 711110 244233 244233 64257 64257 17186184 253271 253271 0 0 0 0 0 5877935 5913106 -35171 -35171 -35171 71980 28050 71980 0 0 0 0 0 0 ADVERTISING 511190 71011 71011 CONSULTING INCOME 541618 135000 135000 206011 25156070 17186184 206011 218100 0 0 0 0 762073 228622 289689 243762 0 4125027 3222955 116529 785543 0 419109 306979 32314 79816 524916 384478 40471 99967 0 105223 105223 116102 116102 0 0 47178 47178 497234 338004 139490 19740 685389 663486 14602 7301 80409 54829 13519 12061 0 0 531103 504548 13278 13277 164197 21233 21232 121732 0 125326 80511 24813 20002 691292 691292 0 1909909 1786659 76233 47017 184976 175729 4624 4623 ARTISTIC FEES 7171755 7171755 THEATRE EXPENSES 2301745 2301745 WORKSHOP & CONSERVATORY COSTS 1140171 1140171 LICENSE, FEES AND DUES 334702 319156 15546 634819 460671 33073 141075 22552655 19161531 1795208 1595916 X 769511 1369911 11170963 4642712 4248198 6977411 115012 54013 0 0 0 0 0 0 59748 63599 291372 473106 58763083 13970783 41603763 44792300 3479585 10511057 91322 126826 0 0 0 0 686510 329333 62515984 69340268 1232277 1123523 0 750000 3876897 5073907 0 0 0 0 0 0 22342988 22954741 0 0 487248 316340 27939410 30218511 X 32903836 34735233 1672738 4386524 34576574 39121757 62515984 69340268 X 2603415 585579 1356189 X X false true X true false X 7134822 2494008 10485067 7445405 7545775 35105077 0 0 7134822 2494008 10485067 7445405 7545775 35105077 2629581 32475496 78980 58860 85886 128911 253271 605908 0 2375 31380 2560 57519 64257 158091 35869076 56898692 0.90539 0.94920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1271214 392537 240141 329587 1574305 1018071 320000 -67057 1271014 879975 205096 67000 1018071 933983 11992 66000 879975 999042 44941 110000 933983 1.00000 3923828 3923828 52486755 12897643 39589112 2267284 1073140 1194144 85216 0 85216 44792300 0 DEFERRED LEASE LIABILITY 316340 316340 X 27055081 585579 4421 1356189 1946189 25108892 47178 47178 25156070 22509898 4421 4421 22505477 47178 47178 22552655 PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. PART V, LINE 4: The Endowment balance held by the Organization as of June 30, 2023 consists of: - Arts Education Endowment of $861,568 - to support the Organization's mission by providing valuable and life-enhancing education programs. - Forever for Everyone Endowment of $631,737 - to offer scholarships in perpetuity for the Basie Center Academy programs; to promote diversity, equity and inclusion within the performing arts; to fund the Organization's goals for strategic growth; and to create an emergency fund for upkeep of its campus, including its 96-year-old historic theater. - Charlie Puth Performance Scholarship Fund of $81,000 - to provide scholarships to students at the Count Basie Center Academy. part xi, line 2d: On January 4, 2023, the Organization entered an agreement to acquire Phoenix Productions, Inc. (the "Phoenix"). The Phoenix was a New Jersey not-for-profit corporation that was a theatrical presenter. The Organization acquired Phoenix for no consideration and assumed all of its assets and liabilities with the intention that it would combine and solidify their regional impact on the performing arts. As a result, the Organization has recorded an inherent contribution (inherent contribution is assets acquired exceed liabilities assumed and consideration paid, if any) of $1,356,189 for the year ended June 30, 2023 in the consolidated statements of activities for this transaction which contained net assets with restrictions of $56,981 and net assets without restrictions of $1,299,208. There are no contingent considerations applicable to this acquisition. golf outing 100030 28050 71980 71980 0 100030 28050 71980 71980 71980 99 MONMOUTH STREET RED BANK NJ 07701 X X X false false false false false false false false false Adam Philipson CEO & PRESIDENT 294643 137000 0 0 28284 459927 0 Karen Franklin Chief Financial Officer 200584 23613 0 0 19042 243239 0 Isidore Sackowitz Chief Operating Officer 175978 12500 0 0 863 189341 0 Jonathan E Vena Chief Marketing Officer 164417 24012 0 0 18397 206826 0 X 4 466981 MARKET VALUE false false false FORM 990, PART VI, SECTION B, LINE 11: A DRAFT OF FORM 990 IS SENT TO THE FULL BOARD MEMBERS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C: THE ORGANIZATION REQUESTS ALL BOARD MEMBERS AND KEY EMPLOYEES TO SIGN AN ANNUAL CONFLICT OF INTEREST POLICY CERTIFICATION. IN ADDITION, BOARD MEMBERS AND KEY EMPLOYEES ARE REQUESTED TO COMPLETE AN ANNUAL FORM 990 DISCLOSURE, WHICH REQUESTS DISCLOSURE OF ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15: COMPENSATION OF ALL KEY EMPLOYEES IS DISCUSSED AND APPROVED BY THE BOARD AND/OR COMMITTEE. COMPENSATION IS GENERALLY BASED ON INDUSTRY STANDARD. FORM 990, PART VI, SECTION C, LINE 19: FORM 990 IS AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD HAS APPROVED THE AUDIT COMMITTEE FOR OVERSIGHT OF THE AUDIT. FORM 990, PART XI, LINE 9: On January 4, 2023, the Organization entered an agreement to acquire Phoenix Productions, Inc. (the "Phoenix"). The Phoenix was a New Jersey not-for-profit corporation that was a theatrical presenter. The Organization acquired Phoenix for no consideration and assumed all of its assets and liabilities with the intention that it would combine and solidify their regional impact on the performing arts. As a result, the Organization has recorded an inherent contribution (inherent contribution is assets acquired exceed liabilities assumed and consideration paid, if any) of $1,356,189 for the year ended June 30, 2023 in the consolidated statements of activities for this transaction which contained net assets with restrictions of $56,981 and net assets without restrictions of $1,299,208. There are no contingent considerations applicable to this acquisition.