2026-03-20T15:01:29-05:00 2025-06-30 450250958 EIDE BAILLY LLP 345 N REID PL STE 400 SIOUX FALLS SD 571037034 990 2024-07-01 460435791 WASHINGTON PAVILION MANAGEMENT INC WASH 6053677397 301 S MAIN SIOUX FALLS SD 57104 DARRIN SMITH PRESIDENT & CEO 6053677397 2026-03-18 1 1 LAURIE HANSON CPA P00851848 6053391999 2026-03-18 2024 2025-03-06 01:10:19Z DARRIN SMITH 301 S MAIN SIOUX FALLS SD 57104 16098546 0 X WWW.WASHINGTONPAVILION.ORG X 1994 SD INSPIRE, EDUCATE, ENTERTAIN AND ENRICH OUR REGION THROUGH ARTS AND SCIENCE OPPORTUNITIES. 21 21 464 361 643148 22986 4598943 4998539 8840312 8896541 335956 423273 1073412 1043099 14848623 15361452 64061 58149 0 0 6859824 7236634 0 0 448501 7713996 7673103 14637881 14967886 210742 393566 17756214 19437350 4271956 5220688 13484258 14216662 X THE MISSION OF THE WASHINGTON PAVILION IS DELIVERING MEMORABLE EXPERIENCES THAT ENTERTAIN, EDUCATE AND ENRICH. ITS VISION IS INSPIRING LIFELONG DISCOVERY AND INCLUSIVE EXPERIENCES THAT IMPROVE THE QUALITY OF LIFE FOR EVERYONE. ITS CORE VALUES ARE DIVERSITY, SERVICE, CREATIVITY AND COLLABORATION. 1 0 2915606 617308 MUSEUMS: KIRBY SCIENCE DISCOVERY CENTER (KSDC) AND THE VISUAL ARTS CENTER (VAC)THE MUSEUMS WELCOMED 114,424 GUESTS DURING THE FISCAL YEAR OF JULY 1, 2024 - JUNE 30, 2025. THE KIRBY SCIENCE DISCOVERY CENTER CONTINUES TO UNDERGO REMODELING TO ITS SPACE & TECHNOLOGY FLOOR.THE WELLS FARGO CINEDOME FILMS/SWEETMAN PLANETARIUM WELCOMED 23,212 ATTENDEES.VISUAL ARTS CENTERTHE VISUAL ARTS CENTER TEAM SET OUT TO INCREASE ITS IMPACT THIS FISCAL YEAR THROUGH INCREASED ATTENDANCE, EVENING EVENTS, AND NEW OFFERINGS IN THE COMMUNITY. THE VAC ACCOUNTED FOR 52,411 VISITORS OF THE MUSEUM'S OVERALL ATTENDANCE.ART CONSULTING-SECOND FULL YEAR OF ART CONSULTING -8 CORPORATE JOBS COMPLETED -OVER 120 PIECES OF ART SOLD THROUGH OUR SERVICES -$431K IN REVENUE -$182K IN PROFIT AFTER COGS -OVER $249K IN ECONOMIC IMPACT TO LOCAL AND REGIONAL ARTISTS, FRAME SHOPS, ART GALLERIES, AND OTHER VENDORS. -PROVIDED CONSULTING AND PROJECT MANAGEMENT SERVICES ON TWO MAJOR PUBLIC ART PROJECTS IN THE NEW STEEL DISTRICT, TOTALING OVER $500,000 IN NEW ART INSTALLATIONS.-LOANED ARTWORK THROUGH OUR ART CONSULTING SERVICES TO THE STATE ONE STOP BUILDING, ENHANCING A MAJOR PUBLIC SPACE THROUGH THE POWER OF ART.SCULPTUREWALK (SW)-SW FINISHED 2024 WITH THE STRONGEST FINANCIAL YEAR ON RECORD -SW EXHIBITED 80 SCULPTURES ON THE MAIN WALK THIS YEAR AND LEASED AN ADDITIONAL 60+ WORKS TO PARTNER LOCATIONS, BOTH IN SIOUX FALLS AND IN OTHER COMMUNITIES. -WE ALSO EXPANDED THE AUDIO TOUR, WHICH INCLUDES ARTIST AND SCULPTURE INFORMATION AND ALLOWS GUESTS TO VOTE ONLINE FOR THE PEOPLE'S CHOICE AWARD.-SW LAUNCHED FIVE NEW MINI WALKS DESIGNED TO HIGHLIGHT SPECIFIC AREAS OF SCULPTUREWALK AND ENCOURAGE VISITORS TO EXPLORE NEARBY LOCAL BUSINESSES. 5741906 6020063 THE WORLD-CLASS HUSBY PERFORMING ARTS CENTER IS HOME TO THE MARY W. SOMMERVOLD HALL (1,881 SEATS) AND THE BELBAS THEATER (290 SEATS). WASHINGTON PAVILION MANAGEMENT INC. ALSO MANAGES AND PROGRAMS THE ORPHEUM THEATER CENTER (686 SEATS).OUR MISSION INCLUDES PRESENTING A DIVERSE RANGE OF HIGH-QUALITY PERFORMANCES THAT ARE BOTH EDUCATIONAL AND ENTERTAINING, INCLUDING BROADWAY MUSICALS, MUSIC, DANCE, COMEDY, AND THEATER. THE HUSBY PERFORMING ARTS CENTER SERVES AS A RENTAL VENUE FOR MAJOR PRODUCERS, PROMOTERS, AND NONPROFIT ORGANIZATIONS, ALLOWING THEM TO SHOWCASE THEIR ARTISTIC TALENTS.THE 24-25 SEASON INCLUDED 6 BROADWAY SHOWS, 7 ADDITIONAL WPMI PRESENTED SHOWS, 8 GOOD NIGHT THEATER PRESENTED SHOWS, 11 ORPHEUM THEATER PRESENTED SHOWS, AND 75 RENTAL SHOWS. 933696 58149 637858 THE WASHINGTON PAVILION'S EDUCATION DEPARTMENT STRIVES TO PROVIDE OUTSTANDING EDUCATIONAL OPPORTUNITIES FOR PEOPLE IN SIOUX FALLS AND THE SURROUNDING AREA THROUGH OUTREACH, CLASSES, PROFESSIONAL DEVELOPMENT, AND SPECIAL EVENTS. EDUCATION PROGRAMMING REACHES A BROAD CROSS-SECTION OF THE REGION: THOUSANDS OF COMMUNITY MEMBERS PARTICIPATED IN EDUCATION PROGRAMMING IN 2024-25.GRAHAM ACADEMY PRESCHOOLTHE PHILOSOPHY OF THE GRAHAM ACADEMY PRESCHOOL PROGRAM IS TO PROVIDE A PROGRAM FOR THE WHOLE CHILD BY ENCOURAGING EXPLORATION AND PROBLEM-SOLVING SKILLS, CREATIVITY, AND SOCIAL AND EMOTIONAL GROWTH, COUPLED WITH THE OPPORTUNITY TO INTERACT WITH KIRBY SCIENCE DISCOVERY CENTER EXHIBITS, VISUAL ARTS CENTER EXHIBITIONS AND HUSBY PERFORMING ARTS CENTER PROGRAMMING. THIS CURRICULUM CREATES A ONE-OF-A-KIND PRESCHOOL EXPERIENCE. FORTY-EIGHT STUDENTS ATTENDED THE GRAHAM ACADEMY PRESCHOOL IN THE 2024-25 SCHOOL YEAR. AG DAY AG DAY, AN ANNUAL EVENT CELEBRATED AS PART OF NATIONAL AGRICULTURE WEEK, WAS HELD IN MARCH AND WAS OPEN TO THE PUBLIC. WE HOSTED OVER 1,200 VISITORS FOR AG DAY.ADDITIONAL EDUCATION PROGRAMS-FIELD TRIPS TO THE MUSEUMS - 11,794 STUDENTS.-133 GROUPS QUALIFIED TO USE THE CHILDREN'S VISIT FUND, WHICH PROVIDES REDUCED ADMISSION FOR SCHOOLS THAT QUALIFY.-GRUPP ART ACADEMY: APPROXIMATELY 30 STUDENTS PARTICIPATED.SPOTLIGHT (P.K.A. THE DAKOTA ACADEMY OF PERFORMING ARTS/DAPA)WITH A MISSION TO PROVIDE OPPORTUNITIES FOR YOUNG PEOPLE TO EXCEL IN THE PERFORMING ARTS, SPOTLIGHT FEATURES AN EXPANDED SEASON WITH ABOUT 6 PERFORMANCES PER YEAR. WE PROVIDE 10-12 SUMMER CAMP THEATRE OPPORTUNITIES EACH SUMMER.THE PLAYS FOR LIVING THEATRE COMPANY DID 48 PERFORMANCES OF 5 DIFFERENT PLAYS AS OUTREACH FOR ELEMENTARY SCHOOLS IN THE SIOUX FALLS REGION AND THE AVERA BEHAVIORAL HEALTH ADOLESCENT AND CHILDREN'S UNITS. APPROXIMATELY 1,563 YOUNG THEATER ARTISTS PARTICIPATED IN THE SPOTLIGHT PROGRAMS. STUDENTS FROM THE SPOTLIGHT PROGRAM BROUGHT 97 PERFORMANCES TO 14,000 AUDIENCE MEMBERS (OVER 3,000 OF WHICH WERE AREA YOUTH FROM OUTREACH ENGAGEMENTS.) WE OFFERED 10-12 ADDITIONAL CLASSES AND WORKSHOP OPPORTUNITIES DURING THE SCHOOL YEAR, INCLUDING AUDITIONS, MUSICAL THEATRE TAP, CREATIVE DRAMA, PLAYWRIGHTING, AND ADVANCED ACTING. COMPANY MEMBERS FROM THE TOURING PRODUCTIONS OF BROADWAY LINEUP ALSO OFFERED MASTER CLASSES. 3096688 1936588 MEMBERSHIPSOVER THE LAST FEW YEARS, WE HAVE WORKED HARD TO MAXIMIZE THE VALUE OF A WASHINGTON PAVILION MEMBERSHIP. -SOLD 5,998 MEMBERSHIPS. -520K IN REVENUE, WHICH IS UP $73K OVER LAST YEAR OR 16% -HELD MEMBERSHIP BBQ, ATTENDED BY 675 MEMBERS, TO GIVE BACK AND THANK OUR MEMBERS WITH FREE FOOD, VENDORS, PARLOUR ICE CREAM, MR. TWISTER, FACE PAINTING, PLANETARIUM SHOWINGS. MORE THAN 20 VENDORS PARTICIPATED.-MEMBER SUNDAYS RUN FROM JANUARY THROUGH JULY, OFFERING MEMBERS FREE ACCESS TO PLANETARIUM FILMS, ONCE PER MONTH, ALONG WITH PARTICIPATING VENDORS TO ADD VARIETY AND FUN. -THE MEMBERSHIP AUTO-RENEWAL FEATURE CONTINUES TO HELP SUSTAIN OUR MEMBER BASE BY MAKING IT EASIER FOR THEM TO MAINTAIN UNINTERRUPTED ACCESS. -CREATED A "VISIONARY MEMBERSHIP" PROGRAM THAT ALLOWS NON-PROFITS TO HAVE A LARGE-SCALE MEMBERSHIP AT AFFORDABLE PRICES TO GIVE MORE CONSISTENT ACCESS TO THEIR PEOPLE. CURRENT VISIONARY MEMBERS INCLUDE SELECT PAINTING, CYTION, DAKOTABILITIES, EMBE, LIFESCAPE ADULT SERVICES, AND LIFESCAPE CHILDREN'S SERVICES. FOOD & BEVERAGE-EXPANDED PARLOUR ICE CREAM/CONCESSIONS TO SERVE OUR PAVILION CUSTOMERS BETTER AND REVENUES FINISHED 59% HIGHER THAN IN THE PREVIOUS YEAR.-EXPANDED OUR DAILY FOOD CAFE AND CATERING OPTIONS TO BETTER SERVE OUR GUESTS-BAR REVENUES FINISHED 11% HIGHER THAN THE PREVIOUS YEAR. -IN PARTNERSHIP WITH THE CITY, WE LAUNCHED A NEW RESTAURANT, THE LODGE BAR & GRILL IN A NEW CORE DOWNTOWN PUBLIC PARK, JACOBSON PLAZA. WE NOW PROVIDE FULL MANAGEMENT SERVICES FOR THIS NEW ESTABLISHMENT.EVENTS -103 PRIVATE EVENTS -OVER $185,000 IN REVENUE -OVER 15,000 GUESTS ATTENDED THESE EVENTS -18 PRIVATE EVENTS HOSTED FOR TOP PAVILION CORPORATE DONORS AND SPONSORSALCOVE RETAIL STORE, OUR NEW MUSEUM-BASED RETAIL STORE, OPENED IN LATE AUGUST OF 2024, PROVIDING LOCAL ARTISTS SHOWCASE AND SALES OPPORTUNITIES.MANAGED SERVICES SERVICES INCLUDE OVERSEEING AND PROGRAMMING THE SIOUX FALLS MUNICIPAL BAND; OPERATING ADMINISTRATION OF THE SCULPTUREWALK SIOUX FALLS ORGANIZATION, A LOCAL NONPROFIT THAT HOSTS THE LARGEST ANNUAL EXHIBIT OF PUBLIC SCULPTURES IN THE WORLD; AND OPERATING ADMINISTRATION OF THE LODGE BAR & GRILL, A CITY-OWNED RESTAURANT AT THE JACOBSON PLAZA IN DOWNTOWN SIOUX FALLS. 3096688 1936588 12687896 1 1 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 127 0 1 464 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MN X X NATHAN BRAND 6057312310 PO BOX 984 SIOUX FALLS SD 571010984 JASON HERRBOLDT PAST CHAIR 1.00 X X 0 0 0 RHONDA ROESLER CHAIR 1.00 X X 0 0 0 MEGHAN GOLDAMMER VICE CHAIR 1.00 X X 0 0 0 DARRELL SCHMITH SECRETARY/TREASURER 1.00 X X 0 0 0 PATTI ABDALLAH TRUSTEE 1.00 X 0 0 0 PETER CASTELLI TRUSTEE 1.00 X 0 0 0 DANIEL DOYLE TRUSTEE 1.00 X 0 0 0 JEFF MALONE TRUSTEE 1.00 X 0 0 0 BENVENUTO MARCELLO TRUSTEE 1.00 X 0 0 0 JEFF RUSSELL TRUSTEE 1.00 X 0 0 0 BOBBI THURY TRUSTEE 1.00 X 0 0 0 AMBER SCHWIESOW TRUSTEE 1.00 X 0 0 0 ROCHELLE SWEETMAN TRUSTEE 1.00 X 0 0 0 KERRI TIETGEN TRUSTEE 1.00 X 0 0 0 ERIC WEISSER TRUSTEE 1.00 X 0 0 0 VERNON BROWN TRUSTEE 1.00 X 0 0 0 KENDRA SIEMONSMA TRUSTEE 1.00 X 0 0 0 KRISTEN TOWNSEND TRUSTEE 1.00 X 0 0 0 ADDIE GRAHAM-KRAMER TRUSTEE 1.00 X 0 0 0 ANGELINE LAVIN TRUSTEE 1.00 X 0 0 0 PER OSTREM TRUSTEE 1.00 X 0 0 0 DARRIN SMITH PRESIDENT/CEO 40.00 X 235542 0 52727 JANE HATHAWAY - CFO JUL- SEPT)/CONTROLLER (SEPT-FEB) 40.00 X 119512 0 20223 NATHAN BRAND CFO (SEPT-JUNE) 40.00 X 36980 0 3292 KERRI DEGRAFF CHIEF OPERATING OFFICER 40.00 X 127090 0 7582 CAMERON OSTROM CHIEF REVENUE OFFICER 40.00 X 103070 0 1009 622194 0 84833 4 0 1 0 TKMB NATIONAL TOUR LLC 715 MINSTREL WAY 105 COLUMBIA MD 21045 BROADWAY SHOW PRESENTATION 371200 JEN LEWIN STUDIO LLC 238 EAST 4TH ST A NEW YORK NY 10009 CONTRACTED ART INSTALLATION 273609 SHREK ON TOUR LLC 500 POST ROAD E 300 WESTPORT CT 06880 BROADWAY SHOW PRESENTATION 271694 PRETTY WOMAN ON TOUR LLC 9200 CORPORATE BLVD 220 ROCKVILLE MD 20850 BROADWAY SHOW PRESENTATION 240560 PILATE TOUR LLC 392 SPRINGFIELD AVE 2ND FLOOR SUMMIT NJ 07901 BROADWAY SHOW PRESENTATION 234192 11 87686 2556582 2354271 4998539 PERFORMANCE TICKETS 711110 5636716 5636716 SALE OF SERVICES 711300 953063 766011 187052 EDUCATIONAL 711300 637858 637858 FACILITY ADMISSIONS 711300 617308 617308 FACILITY RENTALS 711190 531817 383347 148470 519779 519779 8896541 423273 423273 169980 87686 90107 79873 79873 1605411 646987 958424 650798 307626 4802 4802 4802 15361452 9211817 643148 507948 58149 58149 472126 74681 324570 72875 5518995 4513498 767625 237872 187978 139856 41820 6302 565187 475245 38596 51346 492348 402240 71214 18894 2711 345 2366 66545 15 66530 112876 65112 46714 1050 790078 782737 7341 1069419 799553 245909 23957 548944 537893 962 10089 129671 97308 26754 5609 867403 846719 19206 1478 108977 95900 11207 1870 PROGRAM EXPENSES 2870741 2862680 7515 546 EQUIPMENT REPAIRS & PUR 607589 596496 5562 5531 SECURITY 137923 136916 187 820 OTHER EMPLOYEES EXPENSE 110462 20860 88938 664 249764 181693 65814 2257 14967886 12687896 1831489 448501 9141997 2351151 2000163 1526021 787398 930806 509579 377101 96559 116989 236528 1026252 6107242 2430830 3397753 3676412 0 6449706 373660 398790 1212577 2584122 17756214 19437350 1116568 1562226 3155388 3444841 0 130851 0 82770 4271956 5220688 X 10723301 11250316 2760957 2966346 13484258 14216662 17756214 19437350 X 393566 31393 307445 X 0 1 X 1 0 X 4619700 9657075 6407703 4598943 4998539 30281960 4619700 9657075 6407703 4598943 4998539 30281960 1923529 28358431 15871 6330 85806 335956 423273 867236 130270 118868 95791 135183 102720 582832 31732028 35346734 0.89370 0.89900 X FORM 990, SCHEDULE A, PART II, LINES 14 AND 15 THE PUBLIC SUPPORT PERCENTAGE FOR PURPOSES OF FORM 990, SCHEDULE A, PART II, IS DETERMINED BASED ON CONTRIBUTION INCOME, INVESTMENT INCOME, AND CERTAIN OTHER INCOME. PROGRAM SERVICE REVENUE IS NOT A COMPONENT IN THE PUBLIC SUPPORT TEST. THE PERCENTAGES ON SCHEDULE A, PART II, LINES 14 AND 15 REPRESENT THE PERCENTAGE OF SUPPORT RECEIVED FROM THE GENERAL PUBLIC, INCLUDING THE CITY OF SIOUX FALLS AND OTHER GOVERNMENT GRANTS, OVER TOTAL CONTRIBUTION, INVESTMENT AND CERTAIN OTHER INCOME. THE CALCULATION IS PERFORMED ON A ROLLING FIVE YEAR PERIOD. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1190952 X 1 0 1 X 373660 45056 17725 2201 398790 355144 38617 18006 2095 373660 342873 32115 17828 2016 355144 401062 15084 -53987 17010 2276 342873 335683 83781 16393 2009 401062 0.53040 0.17390 0.29570 1 0 855427 256474 598953 4371170 2172118 2199052 880645 2238 878407 3676412 ARTWORK COLLECTION 1190952 PREPAID EXHIBITS AND GUEST ARTISTS 1310400 ROU ASSET 82770 2584122 ROU LIABILITY 82770 82770 X 15758064 31393 86790 249296 367479 15390585 -29133 -29133 15361452 15025660 86790 29133 115923 14909737 58149 58149 14967886 PART IV, LINE 2B: UNDER A MANAGEMENT AGREEMENT WITH THE CITY OF SIOUX FALLS, THE ORGANIZATION SERVES IN AN AGENCY RELATIONSHIP FOR THE LODGE AT JACOBSON PLAZA (LODGE). UNDER THIS ARRANGEMENT, THE ORGANIZATION HOLDS AND DISBURSES FUNDS RELATED TO THE OPERATION OF THE LODGE. THE CITY ADVANCES OPERATING FUNDS AS NEEDED TO ENSURE THERE ARE FUNDS AVAILABLE TO MEET OPERATING NEEDS AND THE CITY RETAINS INTEREST IN ANY OPERATING PROFITS OR LOSSES. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENTS ARE ESTABLISHED BY OUTSIDE DONORS TO HOLD INVESTMENTS IN A POOLED INVESTMENT FUND TO YIELD MORE FAVORABLE INVESTMENT RETURNS. EARNINGS ON THE RELATED ASSETS ARE AVAILABLE FOR USE IN OPERATIONS WITH BOARD APPROVAL. PART X, LINE 2: WASHINGTON PAVILION MANAGEMENT, INC. BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: EDUCATION DEPARTMENT SCHOLARSHIPS GIVEN -58,149. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSET 307,445. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -29,133. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH REVENUE 29,133. PART XII, LINE 4B - OTHER ADJUSTMENTS: EDUCATION DEPARTMENT SCHOLARSHIPS GIVEN 58,149. PAVILION GALA 139177 64768 74409 155 18312 11068 26178 SIDEWALK ARTS FESTIVAL 118489 22918 95571 1000 2153 8200 625 22416 257666 87686 169980 1000 2308 26512 11693 48594 90107 79873 1 SCHOLARSHIPS 74 58149 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED BASED ON FINANCIAL NEED THROUGH A SIMPLE APPLICATION PROCESS. FAMILIES COMPLETE AN APPLICATION, AND OUR EDUCATION TEAM DETERMINES THE SCHOLARSHIP AMOUNT USING HOUSEHOLD INCOME AND SIZE AS GUIDELINES. ADDITIONALLY, FAMILIES WHO QUALIFY FOR WIC, SNAP BENEFITS, OR FREE AND REDUCED LUNCH MAY BE ELIGIBLE FOR OPEN DOOR PRICING, WHICH PROVIDES FURTHER DISCOUNTED ACCESS TO OUR PROGRAMS. THE WASHINGTON PAVILION GIVES FINANCIAL AID/SCHOLARSHIPS TO KIDS WHO ARE NOT ABLE TO PAY FULL PRICE FOR THE EDUCATIONAL PROGRAMS PUT ON BY THE ORGANIZATION. CASH IS NOT GIVEN DIRECTLY TO THE STUDENTS, INSTEAD THE SCHOLARSHIP MONEY IS TRANSFERRED TO PAY THEIR ACCOUNTS. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 DARRIN SMITH PRESIDENT/CEO 223743 0 11352 0 447 0 14716 0 38773 0 289031 0 0 0 PART I, LINE 1A DUES TO THE MINNEHAHA COUNTRY CLUB FOR THE CEO/PRESIDENT, DARRIN SMITH. THE DUES WERE INCLUDED IN HIS TAXABLE INCOME. PART I, LINE 1B THE COUNTRY CLUB MEMBERSHIP WAS INCLUDED IN THE PRESIDENT'S OFFER OF EMPLOYMENT. PART I, LINE 7 ALL STAFF ARE ELIGIBLE FOR A YEAR-END BONUS, AT THE SOLE DISCRETION OF THE CEO, NOT TO EXCEED 5% OF THEIR ANNUAL SALARY (OR EQUIVALENT FOR HOURLY EMPLOYEES). THE CEO IS ELIGIBLE FOR A YEAR-END BONUS, AT THE SOLE DISCRETION OF THE BOARD OF TRUSTEES EXECUTIVE COMMITTEE, NOT TO EXCEED 5% OF HIS/HER ANNUAL SALARY. FORM 990, PART III, LINE 2 UNDER A MANAGEMENT AGREEMENT WITH THE CITY OF SIOUX FALLS, THE ORGANIZATION BEGAN SERVING IN AN AGENCY RELATIONSHIP FOR THE LODGE AT JACOBSON PLAZA (LODGE). UNDER THIS ARRANGEMENT, THE ORGANIZATION HOLDS AND DISBURSES FUNDS RELATED TO THE OPERATION OF THE LODGE. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPRISED OF THE THE PRESIDENT, CHAIR, VICE-CHAIR, SECRETARY/TREASURER AND PAST-CHAIR. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE, WHEN THE BOARD OF TRUSTEES IS NOT IN SESSION, THE POWERS OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION, EXCEPT THAT THE EXECUTIVE COMMITTEE MAY NOT: (A) ELECT OFFICERS, (B) AMEND THE ARTICLES OF INCORPORATION, (C) AMEND THE BYLAWS, (D) ADOPT A PLAN OF MERGER OR CONSOLIDATION, (E) OR FILL VACANCIES IN THE BOARD OF TRUSTEES OR COMMITTEES CREATED PURSUANT TO THIS SECTION. FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONE CLASS OF MEMBERS CONSISTING OF THE TRUSTEES OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A THREE TRUSTEES SHALL BE APPOINTED BY THE MAYOR OF SIOUX FALLS, SD, WITH ADVICE AND CONSENT OF SIOUX FALLS CITY COUNCIL. ADVISORY BOARDS ELECT THEIR BOARD CHAIRS, WHO THEN SIT ON THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 8B THE EXECUTIVE COMMITTEE TYPICALLY MEETS MONTHLY THROUGHOUT THE YEAR TO DISCUSS THE AGENDA FOR UPCOMING BOARD MEETINGS AND TO BRIEF THE COMMITTEE ON CURRENT ACTIVITIES OF THE PAVILION. THE EXECUTIVE COMMITTEE COMPLETED A PERFORMANCE REVIEW ON THE PRESIDENT, WHICH WAS DOCUMENTED AND PLACED IN HIS PERSONNEL FILE. MEETING MINUTES WERE NOT KEPT. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED IN DETAIL BY THE PRESIDENT AND CHIEF FINANCIAL OFFICER. IT IS THEN REVIEWED BY THE FINANCE COMMITTEE. A COPY OF THE FORM 990 WILL BE DISTRIBUTED TO THE GOVERNING BODY PRIOR TO THE FILING DATE. FORM 990, PART VI, SECTION B, LINE 12C THE ADMINISTRATIVE ASSISTANT SENDS OUT THE CONFLICT OF INTEREST EVERY YEAR IN JANUARY AND ASKS FOR THE COMPLETED FORMS TO BE RETURNED. IF NOT RETURNED, THE ADMINISTRATIVE ASSISTANT MAKES FOLLOW UP REQUESTS. AT THE START OF EVERY BOARD MEETING, THE CHAIR REVIEWS THE AGENDA AND ASKS THOSE IN ATTENDANCE IF THEY HAVE ANY CONFLICTS OF INTEREST TO DISCLOSE WITH THE AGENDA. DETERMINATION OF WHETHER OR NOT A CONFLICT EXISTS WOULD BE MADE BY THE OFFICERS OF THE BOARD. ACTUAL CONFLICTS WOULD ALSO BE REVIEWED BY THE OFFICERS. ANY PERSON WITH A CONFLICT MAY BE REQUIRED TO LEAVE THE ROOM DURING DISCUSSION OR ANY VOTES TAKEN ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION LEVEL OF THE PRESIDENT/CEO IS APPROVED BY THE EXECUTIVE MEMBERS OF THE BOARD (CHAIR/VICE-CHAIR/SECRETARY-TREASURER) ANNULLY. THE EXECUTIVE COMMITTEE DETERMINED THE PRESIDENT/CEO'S SALARY BASED ON COMPARABILITY DATA FROM SIMILAR ORGANIZATIONS. THE CFO COMPENSATION IS REVIEWED ANNUALLY BY THE PRESIDENT, WITH TYPICALLY A COST OF LIVING ADJUSTMENT. HOWEVER, COMPARABILITY DATA IS REVIEWED USING INDUSTRY PUBLICATIONS AND SALARY ADJUSTMENTS ARE MADE WHEN NEEDED TO REMAIN COMPETITIVE IN THE INDUSTRY TAKING GEOGRAPHIC LOCATION INTO CONSIDERATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ANNUAL REPORT IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSET 307,445.