2026-06-17T10:54:38+00:00 2025-08-31 331498605 PLANTE & MORAN PLLC 10 SOUTH RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2024-09-01 510149370 STEPPENWOLF THEATRE COMPANY STEP 3126545642 1700 N HALSTED STREET CHICAGO IL 60614 KEATING CROWN PRESIDENT 2026-06-17 true true LU ANN TRAPP P01506476 3122071040 2026-06-08 2024 2025-03-06 01:10:19Z KEATING CROWN 1700 N HALSTED STREET CHICAGO IL 60614 43868991 false X WWW.STEPPENWOLF.ORG X 1975 IL STEPPENWOLF IS AMERICA'S PREMIERE ENSEMBLE THEATER AND ARTS EDUCATION CENTER. 52 50 351 2227 76322 0 16557664 19648074 7023939 5855156 1587095 2055366 383938 414643 25552636 27973239 0 0 0 10811327 11343416 67829 32307 2379731 9738536 9967528 20617692 21343251 4934944 6629988 111439122 119052173 48213299 42525951 63225823 76526222 STEPPENWOLF THEATRE STRIVES TO CREATE THRILLING, COURAGEOUS AND PROVOCATIVE ART IN A THOUGHTFUL AND INCLUSIVE ENVIRONMENT. WE SUCCEED WHEN WE DISRUPT YOUR ROUTINE WITH EXPERIENCES THAT SPARK CURIOSITY, EMPATHY AND JOY. false false 14743397 6224480 IN SUPPORT OF OUR CORE ARTISTIC TENETS, WE SEEK TO 1) SERVE AS AN ARTISTIC HOME FOR OUR ENSEMBLE AND A LAUNCHING PAD FOR BOLD, NEW WORK; 2) AMPLIFY THE VOICES OF CHICAGO TEENS AND CULTIVATE FUTURE GENERATIONS OF ARTISTS AND ENTHUSIASTS; AND 3) PROVIDE A COLLABORATIVE SPACE FOR INDEPENDENT ARTISTS AND COMPANIES TO PROMOTE A STRONGER, SUSTAINABLE, AND VIBRANT ARTS COMMUNITY. STEPPENWOLF PRODUCES HUNDREDS OF PERFORMANCES AND EVENTS IN ITS THREE SPACES: THE 500-SEAT DOWNSTAIRS THEATER; THE 400-SEAT ENSEMBLE THEATER; AND THE 80-SEAT 1700 THEATER. ARTISTIC PROGRAMMING INCLUDES A MAIN SEASON OF PRODUCED NEW WORK AND REIMAGINED PLAYS; PRESENTATIONS OF CABARET, COMEDY AND MULTI-DISCIPLINARY ARTISTS; LIVE PERFORMANCES AND EDUCATION PROGRAMMING FOR TEEN AUDIENCES; AND LOOKOUT, A MULTI-GENRE PERFORMANCE SERIES. (CONTINUED ON SCHEDULE O) IN FISCAL YEAR 2025, STEPPENWOLF'S POST-PANDEMIC RECOVERY STRATEGIC PLAN CONTINUED FOR ITS SECOND YEAR. THIS FOLLOWED AN INITIAL REDUCTION IN FORCE AND TUNING OF PROGRAMMATIC SCOPE FOR THE INSTITUTION IN THE PREVIOUS SEASON THAT REDUCED OVERALL EXPENSES YEAR OVER YEAR. THIS EFFORT ALSO PUT AN EMPHASIS ON EVOLVED PROGRAMING, INCREASED AUDIENCE ENGAGEMENT AND NEW STRATEGIES FOR EARNED REVENUE. OVER THE COURSE OF THE SEASON, FIVE PLAYS WERE PRODUCED ALONGSIDE LIMITED ENGAGEMENTS THAT RESULTED IN 400 PERFORMANCES. TOTAL ATTENDANCE NUMBERS REACHED 100,000 ACROSS THE COURSE OF THE SEASON. MARKETING STRATEGIES SHIFTED FROM PACKAGED SALES (SUBSCRIPTIONS) TO SINGLE TICKET ACQUISITION. PROGRAMMING IN THE EDUCATION AND ENGAGEMENT AREA REACHED NEARLY 15,000 TEENS, EDUCATORS AND COMMUNITY MEMBERS ACROSS CHICAGO'S 77 NEIGHBORHOODS. FOUR OF THE THEATER'S PROFESSIONAL PRODUCTIONS ANCHORED THIS WORK THROUGH LIVE PERFORMANCES OFFERED AS FIELD TRIPS AS WELL AS WRAPAROUND CURRICULUM DEVELOPED FOR SCHOOLS. THE YOUNG ADULT COUNCIL, COMPRISED OF 30 PASSIONATE HIGH SCHOOL AGED TEENS WITH AN INTEREST IN THEATER, REPRESENTED SCHOOLS AND NEIGHBORHOODS ACROSS CHICAGO AS THEY ADVISED ON TEEN PROGRAM AND CURRICULUM DEVELOPMENT FOR THE SEASON. THE SUITE OF EDUCATION PROGRAMS, IN SCHOOLS AND ACROSS OUR ARTISTIC CAMPUS, WERE ROOTED IN AN ETHOS OF ACCESSIBILITY AND BARRIER-FREE PROGRAMMING. BEYOND PARTNERSHIP WITH TEENS AND SCHOOLS, STEPPENWOLF INVESTED IN MEANINGFUL RELATIONSHIPS WITH COMMUNITY ORGANIZATIONS AND ENSURED THAT THE PRINCIPLES THAT GUIDE OUR WORK BOTH ALIGN WITH AND PROVIDE ADDED VALUE TO OUR PARTNERS. WE COLLABORATED WITH MYRIAD PARTNERS ACROSS THE LITERACY SPACE, COMMUNITY DEVELOPMENT, SOCIAL SERVICES, LIBRARIES AND PARK DISTRICTS OF CHICAGO. STEPPENWOLF'S MULTI-GENRE PERFORMANCE SERIES, LOOKOUT, PRESENTED THE WORK OF A WIDE VARIETY OF CHICAGO-BASED INDEPENDENT ARTISTS AND COMPANIES ON A YEAR-ROUND BASIS. LOOKOUT PRODUCED APPROXIMATELY 110 PERFORMANCES OF 30 WORKS, FEATURING 300 ARTISTS AND ENGAGING 7,500 AUDIENCE MEMBERS. THE RESULTING REVENUE PROVIDED MORE THAN $100,000 TO LOCAL ARTISTS. TO SUPPORT THE STRATEGIC PLAN, STEPPENWOLF CONTINUED A FUNDRAISING CAMPAIGN (LAUNCHED AT THE CONCLUSION OF THE 2024 FISCAL YEAR). THE $35 MILLION GOAL IS TWO-FOLD: TO GENERATE FUNDS TO SAFEGUARD THE THEATER'S MISSION-DRIVEN WORK ON STAGE AND IN COMMUNITY, AND TO PAY DOWN THE EXISTING DEBT ASSOCIATED WITH THE CAMPUS EXPANSION PROJECT THAT ADDED A NEW PERFORMANCE VENUE (THE COMPANY NOW OPERATES A THREE THEATER CAMPUS) AND WORKSHOP SPACES TO SUPPORT EDUCATION AND ENGAGEMENT PROGRAMMING. 14743397 true true false false false false false false false true true false false false false false false true false false false false false true true false false false false true true false false false false false false false false false false true false false false false false false false false false true 150 0 true 351 true true true false false false false true true false false false false false false X 52 50 false false false false false false false true true false false false true true true true true true true true false false IL X TRAVIS BARNHART 3123351888 1700 N HALSTED STREET CHICAGO IL 60614 CAROLE L BROWN TREASURER 5.0 0.0 X X 0 0 0 CHRISTOPHER M MURPHY SECRETARY 5.0 0.0 X X 0 0 0 KEATING CROWN PRESIDENT 5.0 0.0 X X 0 0 0 STEPHANIE B SMITH VICE CHAIR 5.0 0.0 X X 0 0 0 AIMEE GRAHAM TRUSTEE 5.0 0.0 X 0 0 0 AMY BLUHM TRUSTEE 5.0 0.0 X 0 0 0 AMY ESHLEMAN TRUSTEE 5.0 0.0 X 0 0 0 ANNE M PHILLIPS TRUSTEE 5.0 0.0 X 0 0 0 ASHEESH GOEL TRUSTEE 5.0 0.0 X 0 0 0 BETH BOOSALIS DAVIS TRUSTEE 5.0 0.0 X 0 0 0 BRENDA ROBINSON TRUSTEE 5.0 0.0 X 0 0 0 BRUCE SAGAN TRUSTEE 5.0 0.0 X 0 0 0 BRYAN TRAUBERT TRUSTEE 5.0 0.0 X 0 0 0 BRYCE COOPER TRUSTEE 5.0 0.0 X 0 0 0 CARI B SACKS TRUSTEE 5.0 0.0 X 0 0 0 CHANEL W CONEY TRUSTEE 5.0 0.0 X 0 0 0 CHRIS KEOGH TRUSTEE 5.0 0.0 X 0 0 0 COLETTE CACHEY SMITHBURG TRUSTEE 5.0 0.0 X 0 0 0 D CAMERON FINDLAY TRUSTEE 5.0 0.0 X 0 0 0 DAVID BLOWERS TRUSTEE 5.0 0.0 X 0 0 0 DAVID E MENDELSOHN TRUSTEE 5.0 0.0 X 0 0 0 DEBORAH QUAZZO TRUSTEE 5.0 0.0 X 0 0 0 DENNIS CHOOKASZIAN TRUSTEE 5.0 0.0 X 0 0 0 DENNIS D HOWARTER TRUSTEE 5.0 0.0 X 0 0 0 DOUGLAS R BROWN TRUSTEE 5.0 0.0 X 0 0 0 ELLIOT A STULTZ TRUSTEE 5.0 0.0 X 0 0 0 HELEN ZELL TRUSTEE 5.0 0.0 X 0 0 0 HUBERT ALLEN TRUSTEE 5.0 0.0 X 0 0 0 JEFF JOZWIAK TRUSTEE 5.0 0.0 X 0 0 0 JON MICHAEL HILL TRUSTEE 5.0 0.0 X 18276 0 0 KAREN RODRIGUEZ TRUSTEE 5.0 0.0 X 0 0 0 L HEATHER MITCHELL TRUSTEE 5.0 0.0 X 0 0 0 LIZ KRAMER LEFKOFSKY TRUSTEE 5.0 0.0 X 0 0 0 LYNN LOCKWOOD MURPHY TRUSTEE 5.0 0.0 X 0 0 0 MARILYNN RUBIO TRUSTEE 5.0 0.0 X 0 0 0 MATTHEW SHAPIRO TRUSTEE 5.0 0.0 X 0 0 0 MICHAEL BRENNAN TRUSTEE 5.0 0.0 X 0 0 0 MICHAEL W BENDER TRUSTEE 5.0 0.0 X 0 0 0 MICHELLE ADAMS TRUSTEE 5.0 0.0 X 0 0 0 NORA DALEY TRUSTEE 5.0 0.0 X 0 0 0 PAUL GOODRICH TRUSTEE 5.0 0.0 X 0 0 0 RACQUEL HARRIS TRUSTEE 5.0 0.0 X 0 0 0 REBECCA L JOHNSTON TRUSTEE 5.0 0.0 X 0 0 0 RICH FEITLER TRUSTEE 5.0 0.0 X 0 0 0 RITU DHINGRA TRUSTEE 5.0 0.0 X 0 0 0 ROBERT S RIVKIN TRUSTEE 5.0 0.0 X 0 0 0 RONALD J MALLICOAT TRUSTEE 5.0 0.0 X 0 0 0 SANDRA MARQUEZ TRUSTEE 5.0 0.0 X 0 0 0 SARAH NORRIS TRUSTEE 5.0 0.0 X 0 0 0 SUSAN O BERGHOEF TRUSTEE 5.0 0.0 X 0 0 0 SUSAN STONE TRUSTEE 5.0 0.0 X 0 0 0 TARELL ALVIN MCCRANEY TRUSTEE 5.0 0.0 X 10000 0 0 VERETT MIMS TRUSTEE 5.0 0.0 X 0 0 0 YASEN PEYANKOV TRUSTEE 5.0 0.0 X 0 0 0 AUDREY FRANCIS CO-ARTISTIC DIRECTOR 40.0 0.0 X 253875 0 22833 ELIZABETH BROOKE FLANAGAN EXECUTIVE DIRECTOR 40.0 0.0 X 326288 0 33605 GLENN DAVIS CO-ARTISTIC DIRECTOR 40.0 0.0 X 251972 0 14805 ERIC EVENSKAAS DIRECTOR OF DEVELOPMENT 40.0 0.0 X 166791 0 27082 JENNIFER HOYT DIRECTOR OF SPECIAL PROJECTS 40.0 0.0 X 118484 0 4019 MARIA NONDORF DIRECTOR OF FINANCE 40.0 0.0 X 121696 0 16896 PENNYMARIA JACKSON DIRECTOR OF MARKETING & COMMUNICATION 40.0 0.0 X 120714 0 2637 THOMAS PEARL PRODUCING DIRECTOR 40.0 0.0 X 140536 0 17595 1528632 0 139472 8 false true false LS CONTRACTING GROUP INC 5660 N ELSTON AVE CHICAGO IL 60646 GENERAL CONTRACTOR 281205 D&B GRAPHICS 1308 SHEFFIELD COURT CAROL STREAM IL 60188 PRINTING 233439 MIDWAY BUILDING SERVICES 6655 N AVONDALE CHICAGO IL 60631 CLEANING SERVICES 194632 CAPACITY INTERACTIVE PO BOX 50019 NEWARK NJ 07101 WEBSITE MAINTENANCE 166500 CONCORD THEATRICALS CORP 250 W 57TH STREET 6TH FL NEW YORK NY 10107 LICENSING COMPANY 155049 6 1734652 183420 17730002 536881 19648074 SUBSCRIPTION REVENUE 711110 4178963 4178963 TICKET REVENUE 711110 579320 579320 TOUR INCOME 711110 437506 437506 TICKET HANDLING INCOME 711110 433542 433542 COSTUME SALES 711110 53037 53037 172788 172788 0 0 5855156 1166806 1166806 67011 67011 195091 195091 0 195091 195091 16053216 50522 15215178 0 838038 50522 888560 888560 145115 1734652 438220 -293105 -293105 688000 242354 445646 422361 23285 0 0 0 0 0 27973239 6224480 76322 2024363 903378 371891 359893 171594 8420292 5790390 1500216 1129686 456801 329836 73609 53356 856337 589764 172267 94306 706608 454181 151742 100685 63622 11214 52408 74892 74892 32307 32307 63466 63466 167948 42749 170313 -45114 495154 495154 76985 18548 5375 53062 436172 152660 174469 109043 308769 308769 1143226 525884 525884 91458 631453 521170 44057 66226 5478 3210 2268 1343187 1047686 214910 80591 2733428 2186742 410015 136671 258784 110607 115642 32535 Repairs and Maintenance 134395 37180 80676 16539 Production Materials 438316 438316 Design and Production Fees 437024 437024 Bank Fees 206165 160809 32986 12370 949064 724037 35287 189740 21343251 14743397 4220123 2379731 4260042 2298717 12419436 17611290 5623 109579 0 0 0 0 680982 630585 88441618 28911742 61130096 59529876 31538712 37571138 0 0 1404231 1300988 111439122 119052173 1116613 845369 2121907 1945564 40272451 39735018 0 0 4702328 0 48213299 42525951 X 41165712 44940080 22060111 31586142 63225823 76526222 111439122 119052173 X 6629988 1082458 5587953 X false true true false X 9041423 23639145 6619452 16557664 19648074 75505758 0 0 9041423 23639145 6619452 16557664 19648074 75505758 10909256 64596502 540938 833587 1263875 1349099 1428908 5416407 0 0 0 87138 0 0 0 87138 81009303 24666381 0.79740 0.81780 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - , COLUMN A - , COLUMN B - 87138.0, COLUMN C - , COLUMN D - , COLUMN E - , COLUMN F - 87138.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15903503 1615050 674321 16844232 14423871 2140313 660681 15903503 15257797 929274 1763200 14423871 18180927 -2485130 438000 15257797 16034426 2759791 613290 18180927 0.2182 0.6315 0.1503 true false 4450104 4450104 73975496 21411760 52563736 9947171 7499982 2447189 68847 68847 59529876 29621970 1082458 52408 577331 1712197 27909773 63466 0 63466 27973239 22012767 52408 680574 732982 21279785 63466 0 63466 21343251 Schedule D, Part V, Line 4 Intended uses of endowment funds THE THEATRE USES ENDOWMENT FUNDS ON AN ANNUAL BASIS AS PERMITTED BY LAW AND POLICY FOR PROGRAMMING AND ARTISTIC INITIATIVES THAT FULFILL THE MISSION OF THE ORGANIZATION. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS - -103243 COST OF GOODS SOLD - 242354 FUNDRAISING EXPENSES - 438220 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 COST OF GOODS SOLD - 242354 FUNDRAISING EXPENSES - 438220 X X X X X X X true CAMPBELL AND COMPANY 1 E WACKER DR 2100 CHICAGO IL 60601 CONSULTING false 0 47025 -47025 STRATEGIC MARKETING FOR THE ARTS LLC TELEFUNDING false 41445 32307 9138 41445 79332 -37887 IL GALA 1860916 1721716 139200 433628 ASSOCIATES 18851 12936 5915 2000 2592 0 1879767 1734652 145115 2000 436220 438220 -293105 X X X X false false false false false false false false false ELIZABETH BROOKE FLANAGAN EXECUTIVE DIRECTOR 326288 0 0 0 0 0 25000 0 8605 0 359893 0 0 0 AUDREY FRANCIS CO-ARTISTIC DIRECTOR 253875 0 0 0 0 0 5678 0 17155 0 276708 0 0 0 GLENN DAVIS CO-ARTISTIC DIRECTOR 251972 0 0 0 0 0 6422 0 8383 0 266777 0 0 0 ERIC EVENSKAAS DIRECTOR OF DEVELOPMENT 166791 0 0 0 0 0 22279 0 4803 0 193873 0 0 0 THOMAS PEARL PRODUCING DIRECTOR 140536 0 0 0 0 0 17595 0 0 0 158131 0 0 0 A ILLINOIS FINANCE AUTHORITY 861091967 S99992590 2013-02-28 17000000 TO REPAY EXISTING TAXABLE AND TAX EXEMPT DEBT AND TO RENOVATE PROPERTY false false false B ILLINOIS FINANCE AUTHORITY 861091967 45204EU30 2019-02-26 36000000 FOR CONSTRUCTION AND RENOVATION OF A BUILDING false false false A 4745000 16974044 265282 17098 2128394 1496732 2013 true false true true B 8000000 35953200 1870226 382817 51137 32102669 1546351 2022 false false true true A false false false false false false 0.0 0.0 0.0 true true 0.14 true false B false false false false false false 0.0 0.0 0.0 true false 0 false false A false false false true true false 0 false false false 0 false false false B true false false false true false 0 false false false 0 false false false A false B false Schedule K, Part II, Line 3 TOTAL PROCEEDS OF ISSUE THE PROCEEDS ARE NET OF THE UNDERWRITER'S DISCOUNT. $6,259,147.69 OF PROCEEDS WERE APPLIED TO PAYMENT OF THE TAXABLE 2012 LOAN. $556,643.03 OF PROCEEDS WERE APPLIED TO PAYMENT OF THE 2011 TAXABLE LOAN. Schedule K, Part II, Line 3 TOTAL PROCEEDS OF ISSUE THE PROCEEDS ARE NET OF THE UNDERWRITER'S DISCOUNT. Schedule K, Part IV, Line 2c COLUMN A Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/26/2024 20 271570 Other - CASH PROCEEDS X AIRFARE 1 171550 Cost X MISCELLANEOUS 9 93761 Cost 0 false true true Schedule M, Part I COLUMN (B) - EXPLANATIONS OF REPORTING METHOD FOR NUMBER OF CONTRIBUTIONS THE NUMBER OF CONTRIBUTIONS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions SECURITIES ARE DONATED THROUGH A BROKERAGE FIRM AND SOLD IMMEDIATELY. Form 990, Part III, Line 4a PROGRAM SERVICE DESCRIPTION IN FISCAL YEAR 2025, STEPPENWOLF'S POST-PANDEMIC RECOVERY STRATEGIC PLAN CONTINUED FOR ITS SECOND YEAR. THIS FOLLOWED AN INITIAL REDUCTION IN FORCE AND TUNING OF PROGRAMMATIC SCOPE FOR THE INSTITUTION IN THE PREVIOUS SEASON THAT REDUCED OVERALL EXPENSES YEAR OVER YEAR. THIS EFFORT ALSO PUT AN EMPHASIS ON EVOLVED PROGRAMING, INCREASED AUDIENCE ENGAGEMENT AND NEW STRATEGIES FOR EARNED REVENUE. OVER THE COURSE OF THE SEASON, FIVE PLAYS WERE PRODUCED ALONGSIDE LIMITED ENGAGEMENTS THAT RESULTED IN 400 PERFORMANCES. TOTAL ATTENDANCE NUMBERS REACHED 100,000 ACROSS THE COURSE OF THE SEASON. MARKETING STRATEGIES SHIFTED FROM PACKAGED SALES (SUBSCRIPTIONS) TO SINGLE TICKET ACQUISITION. PROGRAMMING IN THE EDUCATION AND ENGAGEMENT AREA REACHED NEARLY 15,000 TEENS, EDUCATORS AND COMMUNITY MEMBERS ACROSS CHICAGO'S 77 NEIGHBORHOODS. FOUR OF THE THEATER'S PROFESSIONAL PRODUCTIONS ANCHORED THIS WORK THROUGH LIVE PERFORMANCES OFFERED AS FIELD TRIPS AS WELL AS WRAPAROUND CURRICULUM DEVELOPED FOR SCHOOLS. THE YOUNG ADULT COUNCIL, COMPRISED OF 30 PASSIONATE HIGH SCHOOL AGED TEENS WITH AN INTEREST IN THEATER, REPRESENTED SCHOOLS AND NEIGHBORHOODS ACROSS CHICAGO AS THEY ADVISED ON TEEN PROGRAM AND CURRICULUM DEVELOPMENT FOR THE SEASON. THE SUITE OF EDUCATION PROGRAMS, IN SCHOOLS AND ACROSS OUR ARTISTIC CAMPUS, WERE ROOTED IN AN ETHOS OF ACCESSIBILITY AND BARRIER-FREE PROGRAMMING. BEYOND PARTNERSHIP WITH TEENS AND SCHOOLS, STEPPENWOLF INVESTED IN MEANINGFUL RELATIONSHIPS WITH COMMUNITY ORGANIZATIONS AND ENSURED THAT THE PRINCIPALS THAT GUIDE OUR WORK BOTH ALIGN WITH AND PROVIDE ADDED VALUE TO OUR PARTNERS. WE COLLABORATED WITH MYRIAD PARTNERS ACROSS THE LITERACY SPACE, COMMUNITY DEVELOPMENT, SOCIAL SERVICES, LIBRARIES AND PARK DISTRICTS OF CHICAGO. STEPPENWOLF'S MULTI-GENRE PERFORMANCE SERIES, LOOKOUT, PRESENTED THE WORK OF A WIDE VARIETY OF CHICAGO-BASED INDEPENDENT ARTISTS AND COMPANIES ON A YEAR-ROUND BASIS. LOOKOUT PRODUCED APPROXIMATELY 110 PERFORMANCES OF 30 WORKS, FEATURING 300 ARTISTS AND ENGAGING 7,500 AUDIENCE MEMBERS. THE RESULTING REVENUE PROVIDED MORE THAN $100,000 TO LOCAL ARTISTS. TO SUPPORT THE STRATEGIC PLAN, STEPPENWOLF CONTINUED A FUNDRAISING CAMPAIGN (LAUNCHED AT THE CONCLUSION OF THE 2024 FISCAL YEAR). THE $35 MILLION GOAL IS TWO-FOLD: TO GENERATE FUNDS TO SAFEGUARD THE THEATER'S MISSION-DRIVEN WORK ON STAGE AND IN COMMUNITY, AND TO PAY DOWN THE EXISTING DEBT ASSOCIATED WITH THE CAMPUS EXPANSION PROJECT THAT ADDED A NEW PERFORMANCE VENUE (THE COMPANY NOW OPERATES A THREE THEATER CAMPUS) AND WORKSHOP SPACES TO SUPPORT EDUCATION AND ENGAGEMENT PROGRAMMING. Form 990, Part VI, Line 11b Review of form 990 by governing body THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990. THE AUDIT COMMITTEE IS THE COMMITTEE OF THE GOVERNING BODY WHICH IS DESIGNATED TO REVIEW THE FORM 990. THE RETURN IS DISTRIBUTED VIA E-MAIL TO THE ENTIRE GOVERNING BODY PRIOR TO FILING THE FORM 990. Form 990, Part VI, Line 12c Conflict of interest policy MEMBERS OF THE BOARD OF TRUSTEES ARE ASKED TO SIGN A CONFLICT OF INTEREST STATEMENT EITHER INDICATING THAT THEY HAVE NO CONFLICTS OF INTEREST AS DEFINED IN THE POLICY OR TO LIST EXCEPTIONS WHEN THEY DO HAVE CONFLICTS OF INTEREST. MANAGEMENT DISTRIBUTES THE POLICY TO THE BOARD OF TRUSTEES ANNUALLY. THE SIGNED POLICIES ARE COLLECTED AND KEPT ON FILE. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE PROCESS FOR DETERMINING THE COMPENSATION OF TOP MANAGEMENT IS MANAGED BY THE BOARD CHAIR THROUGH THE EXECUTIVE COMMITTEE. THEY REVIEW PUBLISHED COMPENSATION OF COMPARABLE POSITIONS WITHIN THE CITY AND INDUSTRY. COMPENSATION IS ALSO BASED ON THE ORGANIZATIONAL BUDGET, INDIVIDUAL QUALIFICATIONS, AND INDUSTRY STANDARDS. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. Form 990, Part VII, Section A COMPENSATION FOR ART SERVICES THE FOLLOWING BOARD MEMBERS RECEIVED COMPENSATION FOR ART SERVICES AND NOT FOR BOARD DUTIES. THE COMPENSATION IS REPORTED ON PART VII. JON MICHAEL HILL - $18.276 TARELL ALVIN MCCRANEY - $10,000 Form 990, Part VIII, Line 2f Other Program Service Revenue TUITION REVENUE - Total Revenue: 46000, Related or Exempt Function Revenue: 46000, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; PARKING INCOME - Total Revenue: 126788, Related or Exempt Function Revenue: 126788, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN FAIR VALUE OF INTEREST RATE SWAP - -103243; RECONCILIATION OF NET ASSETS - 5691196; Total - 5587953;