2021-05-11T12:35:03-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2019-07-01 412017278 HENNEPIN THEATRE TRUST HENN 6124559500 900 HENNEPIN AVENUE MINNEAPOLIS MN 55403 MARK NERENHAUSEN PRESIDENT/CEO 6124559500 2021-05-10 1 JENNIFER TINGLEY P01485570 6123764500 2021-05-10 2019 2022-09-23 18:48:47Z MARK NERENHAUSEN 900 HENNEPIN AVENUE MINNEAPOLIS MN 55403 19788689 0 X WWW.HENNEPINTHEATRETRUST.ORG X 2000 MN HENNEPIN THEATRE TRUST DRIVES CULTURAL AND ECONOMIC VITALITY IN MINNESOTA THROUGH LEADERSHIP OF THE DYNAMIC HENNEPIN THEATRE DISTRICT IN DOWNTOWN MINNEAPOLIS AND EDUCATIONAL PROGRAMMING THAT REACHES EVERY AREA OF THE STATE. ITS HISTORIC THEATRES -- ORPHEUM, STATE AND PANTAGES -- AND THE NEW EVENT CENTER AT 900 HENNEPIN AVENUE LIGHT UP HENNEPIN AVENUE WITH TOP-TIER ENTERTAINMENT, INCLUDING THE BEST OF BROADWAY AND A WIDE VARIETY OF ARTS PROGRAMMING. THE TRUST IS A NONPROFIT 501 (C) (3) ORGANIZATION. 24 24 65 143 -15861 0 4867022 4735861 44540777 14900366 30561 52113 27313 -6052 49465673 19682288 0 0 0 0 2940822 3259728 52054 0 1110007 44417192 17262253 47410068 20521981 2055605 -839693 25133806 24225463 19302877 19234227 5830929 4991236 X THE TRUST'S MISSION IS TO CREATE POSITIVE CHANGE THROUGH THE ARTS BY BRINGING TOGETHER PEOPLE, BUSINESSES AND ORGANIZATIONS TO CREATE AND ENJOY CULTURAL EXPERIENCES. 0 0 16493076 14829619 PROGRAMMING:HENNEPIN THEATRE TRUST PROTECTS AND PRESERVES THE IMPORTANT HISTORIC ARTS DISTRICT AND IMPROVES THE EXPERIENCE FOR ALL WHO WORK, PLAY, LIVE OR VISIT DOWNTOWN.WE BRING BROADWAY'S LEADING PROFESSIONAL PRODUCTIONS TO MINNESOTA AUDIENCES. ANNUALLY, SHOWS SUCH AS HAMILTON, WICKED, FROZEN, DEAR EVAN HANSEN AND COME FROM AWAY ATTRACT NEARLY 350,000 PEOPLE TO DOWNTOWN MINNEAPOLIS FOR INSPIRING ENTERTAINMENT IN OUR HISTORIC THEATRES. IN ADDITION, OUR THREE HISTORIC THEATRES ATTRACT A DIVERSE ARRAY OF TODAY'S BRIGHTEST MUSIC, DANCE AND COMEDIC TALENT, INCLUDING DAVID BYRNE, AMOS LEE, SOUNDS OF BLACKNESS, IRA GLASS, DANCING WITH THE STARS, BRAZILIAN SINGER SEU JORGE, PAUL REISER AND ALI WONG. COMBINED, OUR DIVERSE THEATRE PROGRAMMING BRINGS MORE THAN 600,000 PEOPLE TO DOWNTOWN MINNEAPOLIS FROM AROUND THE UPPER MIDWEST REGION AND BEYOND. THE TRUST CONTRIBUTES MILLIONS TO THE LOCAL CREATIVE ECONOMY, INCLUDING LOCAL ARTISTS AND TECHNICIANS. AS LEADERS OF THE HENNEPIN THEATRE DISTRICT, WE BRING TOGETHER A WIDE RANGE OF STAKEHOLDERS ON NUMEROUS PROJECTS, AND DEVELOP PUBLIC-PRIVATE PARTNERSHIPS THAT UNLOCK POSITIVE SOLUTIONS TO CHALLENGES IN DOWNTOWN SUCH AS BUSINESS VACANCIES, HOMELESSNESS, SAFETY AND YOUTH UNEMPLOYMENT."HENNEPIN THEATRE TRUST IS A PROVEN AND TRUSTED PARTNER IN MAKING A POSITIVE DIFFERENCE IN THE LIVES OF EVERYONE WHO ENJOYS DOWNTOWN MINNEAPOLIS." INSPECTOR MICHAEL SULLIVAN, MINNEAPOLIS POLICE DEPARTMENT 456078 0 PUBLIC ART:HENNEPIN THEATRE TRUST TRANSFORMS THE PLACES AND SPACES THAT MAKE THE HENNEPIN THEATRE DISTRICT A VIBRANT, WELCOMING AND SAFE PLACE FOR ALL TO ENJOY THROUGH OUR PUBLIC ART PROGRAM, THE LARGEST IN THE MIDWEST. OUTSIDE OUR THEATRES, WE CONNECT PEOPLE TO UNEXPECTED ARTS AND CULTURAL EXPERIENCES SUCH AS THE ICONIC BOB DYLAN MURAL, LARGE-SCALE BANNERS, ART IN UNDERUSED SPACES, AND LIVE ARTS AND CULTURAL EVENTS THROUGHOUT THE THEATRE DISTRICT. OUR FREE MUSICAL SERIES, TITLED 5 TO 10 ON HENNEPIN AND CREATED WITH KEY PARTNERS, HELPS INCREASE PUBLIC SAFETY AND BENEFITS HOMELESS YOUTH AND ADULTS IN THE DISTRICT. THE MONTHLY EVENT BRINGS LIVE MUSIC AND ART EXPERIENCES TO OUTDOORS SPACES ON HENNEPIN AVENUE, AND PROVIDES ATTENDEES WITH FOOD AND CONNECTIONS TO SOCIAL SERVICES. IT RECENTLY RECEIVED GRANT FUNDING FROM THE CITY OF MINNEAPOLIS OFFICE FOR VIOLENCE PREVENTION THAT ALLOWED US TO EXTEND THE SERIES THROUGH THE FALL MONTHS, HOSTING THE EVENTS INDOORS AT OUR EVENT CENTER. 460704 74149 EDUCATION:HENNEPIN THEATRE TRUST'S SPOTLIGHT EDUCATION PROGRAM IS AN ESSENTIAL PART OF ARTS EDUCATION IN MANY MINNESOTA SCHOOLS. ANNUALLY, WE HELP NEARLY 8,000 STUDENTS IN MORE THAN 100 URBAN, SUBURBAN AND RURAL HIGH SCHOOLS THROUGH THE STATE BUILD CONFIDENCE, CRITICAL THINKING, EMPATHY, SENSE OF COMMUNITY AND KNOWLEDGE OF MUSICAL THEATER. THE PROGRAM SUPPLEMENTS AND ENHANCES ARTS CURRICULA THROUGH PRODUCTION ASSESSMENTS, MASTERCLASSES AND THEATER REVIEW WRITING, INCREASING EQUITABLE ACCESS TO QUALITY MUSICAL THEATER EDUCATION. SPOTLIGHT SHOWCASE, OUR ANNUAL RECOGNITION EVENT, IS MINNESOTA'S LARGEST CELEBRATION OF HIGH SCHOOL MUSICAL THEATER AND PROVIDES 1,600 STUDENTS THE OPPORTUNITY TO PERFORM AT THE HISTORIC STATE THEATRE. EACH YEAR, WE SELECT TOP PERFORMERS AND ESCORT THEM TO PARTICIPATE IN THE JIMMY AWARDS IN NEW YORK CITY. MUCH OF THE ACTIVITY AROUND MASTERCLASSES AND OTHER EVENTS TAKE PLACE AT OUR EVENT CENTER, WHERE STUDENTS HAVE CLOSE ACCESS TO OUR CITY'S THREE HISTORIC THEATRES. 17409858 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 173 0 65 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X MARK NERENHAUSEN 6124559510 900 HENNEPIN AVE MINNEAPOLIS MN 55403 MARK NERENHAUSEN PRESIDENT/CEO 50.00 X 298455 0 26844 JIM LANGEMO CHIEF ADMINISTRATIVE OFFICER 50.00 X 133219 0 13098 LISA KROHN DIRECTOR OF THEATRE PROGRAMMING 40.00 X 102207 0 12266 ANDREA COURNOYER DIRECTOR OF PUBLIC RELATIONS AND COMMUNICATIONS 40.00 X 106312 0 12500 JAY NOVAK BOARD CHAIR 5.00 X X 0 0 0 TRAVIS BARKVE VICE CHAIR & TREASURER 1.00 X X 0 0 0 SYL JONES SECRETARY 1.00 X X 0 0 0 JUDY BLASEG CHAIR-DEVELOPMENT 1.00 X X 0 0 0 MARK MARJALA CHAIR-BOARD AFFAIRS 1.00 X X 0 0 0 MARIE BECKER TRUSTEE 1.00 X 0 0 0 BARBARA BRIN TRUSTEE 1.00 X 0 0 0 ORLANDO BRYANT TRUSTEE 1.00 X 0 0 0 ANDREA CHRISTENSON TRUSTEE 1.00 X 0 0 0 AL COLEMAN TRUSTEE 1.00 X 0 0 0 MICHELE ENGDAHL TRUSTEE 1.00 X 0 0 0 GLORIE FREEMAN TRUSTEE 1.00 X 0 0 0 KATHLEEN GULLICKSON TRUSTEE 1.00 X 0 0 0 JAYNE HAUGEN TRUSTEE 1.00 X 0 0 0 JEANNIE JOAS TRUSTEE 1.00 X 0 0 0 RYAN JOHNSON TRUSTEE 1.00 X 0 0 0 ANDREA HART KAJER TRUSTEE 1.00 X 0 0 0 BARBARA KLAAS TRUSTEE 1.00 X 0 0 0 CHRISTINE KWIAT TRUSTEE 1.00 X 0 0 0 DORRAINE LARISON TRUSTEE 1.00 X 0 0 0 BILL MOFFLY TRUSTEE 1.00 X 0 0 0 ANDREA MOKROS TRUSTEE 1.00 X 0 0 0 SUE ROSS TRUSTEE 1.00 X 0 0 0 ANN SIMONDS TRUSTEE 1.00 X 0 0 0 DANIEL TENENBAUM TRUSTEE 1.00 X 0 0 0 MELVIN TENNANT TRUSTEE 1.00 X 0 0 0 JENNIE WEBER TRUSTEE 1.00 X 0 0 0 BRET WEISS TRUSTEE 1.00 X 0 0 0 640193 0 64708 4 0 1 0 PHANTOM TOURING LLC 7135 MINSTREL WAY STE 105 COLUMBIA MD 21045 SHOW PRODUCTION 1459863 MEAN GIRLS NATIONAL TOURING LLC 1501 BROADWAY SUITE 1614 NEW YORK NY 10036 SHOW PRODUCTION 1387789 HOSANNA TOUR LLC 42 MAPLE STREET 2ND FLOOR SUMMIT NJ 07901 SHOW PRODUCTION 807023 MY FAIR LADY ON TOURING LLC 9200 CORPORATE BLVD 220 ROCKVILLE MD 20850 SHOW PRODUCTION 620762 THE BANDS VISIT NATIONAL TOUR LLC 7135 MINSTREL WAY STE 105 COLUMBIA MD 21045 SHOW PRODUCTION 582235 13 973066 3762795 116737 4735861 SHOW REVENUE 711300 14737709 14737709 SPONSORSHIPS 900099 101753 101753 COMMUNITY PROGRAMS 900099 32654 32654 MARKETING REVENUE 900099 19614 15315 4299 THIRD PARTY SERVICE REVENUE 900099 8636 8636 14900366 52113 52113 60578 3082 70048 3066 -9470 16 -9454 -18859 9405 36689 33287 3402 -1301 4703 19682288 14896067 -15861 66221 475745 475745 2141242 1175153 498074 468015 60838 35049 11835 13954 366413 173696 123565 69152 215490 96453 80637 38400 82816 66253 16563 26954 26954 183448 37319 146129 20008 12657 3151 4200 436939 189037 215446 32456 25840 17032 7518 1290 1136082 1103454 32628 751466 630437 121029 79620 10000 69620 SHOW COSTS 13572011 13572011 MEMBERSHIP EXPENSE 307860 307860 COMMUNITY PROGRAM EXPEN 291569 290144 975 450 IN-KIND EXPENSE 116737 34282 82455 230903 33134 122557 75212 20521981 17409858 2002116 1110007 403303 251661 4304469 5009294 706885 467197 934613 447495 7963 6124 281001 147114 26826953 8930375 18495572 17896578 25133806 24225463 548927 338994 307525 327374 18446425 17780622 0 787237 19302877 19234227 X 4030425 3697284 1800504 1293952 5830929 4991236 25133806 24225463 -839693 0 X 0 1 X 1 0 X 4791622 5475943 7015121 4867022 4735861 26885569 21861318 31044567 23431198 44527622 14900366 135765071 26652940 36520510 30446319 49394644 19636227 162650640 0 0 0 162650640 4685 2500 88689 121157 115773 332804 4685 2500 88689 121157 115773 332804 470 29048 2332 -15861 15989 26657625 36523480 30564056 49518133 19736139 162999433 0.99790 0.99850 0.00200 0.00130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 765900 765900 24836229 8149902 16686327 926037 550605 375432 298787 229868 68919 17896578 X 19803402 48000 48000 19755402 -73114 -73114 19682288 20643095 48000 48000 20595095 -73114 -73114 20521981 PART X, LINE 2: THE TRUST QUALIFIES AS A TAX-EXEMPT NONPROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATUTES OF MINNESOTA LAW. ACCORDINGLY, INCOME TAXES HAVE NOT BEEN RECORDED. THE TRUST HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION UNDER APPLICABLE ACCOUNTING GUIDANCE. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL RENTAL EXPENSES -73,114. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL RENTAL EXPENSES -73,114. X 0 0 X X X 0 0 0 0 0 1 0 0 0 MARK NERENHAUSEN PRESIDENT/CEO 249055 0 49400 0 0 0 11938 0 14906 0 325299 0 0 0 PART I, LINE 1A SOCIAL CLUB DUES ARE PAID FOR MARK NERENHAUSEN, PRESIDENT/CEO AND ARE NOT INCLUDED IN TAXABLE COMPENSATION PART I, LINE 6 A COMPONENT OF THE CEO'S BONUS COMPENSATION FOR FY20 WAS A NET REVENUE GOAL. X 4 7056 SELLING PRICE X CATERING 30 76455 FAIR VALUE X TICKETS 608 40282 FAIR VALUE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION REPORTS THE NUMBER OF CONTRIBUTIONS ON PART I, COLUMN B FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR, VICE-CHAIR, PRESIDENT, TREASURER, AND COMMITTEE CHAIRS OF THE GOVERNANCE COMMITTEE AND DEVELOPMENT COMMITTEE. THE EXECUTIVE COMMITTEE IS CHARGED WITH FULFILLING THE BOARD'S FUNCTION WHEN THE BOARD IS NOT IN SESSION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE RETURN IS PREPARED AND REVIEWED BY FINANCE STAFF, IT IS THEN MADE AVAILABLE FOR EACH TRUSTEE OF THE BOARD TO REVIEW. THE BOARD AND FINANCE CHAIR WILL GIVE THE FINAL APPROVAL OF THE RETURN BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY GOVERNS THE ACTIVITIES OF THE BOARD OF TRUSTEES, OFFICERS, AND STAFF. ANNUALLY, THE BOARD OF TRUSTEES COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH S/HE IS INVOLVED THAT WOULD CONTRIBUTE TO A CONFLICT OF INTEREST. ANY IDENTIFIED CONFLICTS OF INTEREST ARE EVALUATED ON A CASE-BY-CASE BASIS BY THE PRESIDENT/CEO. IF A CONFLICT IS IDENTIFIED, THAT INDIVIDUAL WILL BE EXCLUDED FROM PARTICIPATING IN DECISIONS RELATED TO THE CONFLICT. ALL STAFF AND BOARD TRUSTEES ARE EXPECTED TO CONDUCT THEIR ACTIVITIES IN WAYS THAT AVOID THE APPEARANCE OF A CONFLICT OF INTEREST, OR ACTUAL LOSS OR EMBARRASSMENT TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL: A 360 DEGREE EVALUATION OF THE PRESIDENT/CEO IS PERFORMED BY THE STAFF AND THE BOARD. COMPENSATION DATA OF COMPARABLE ORGANIZATIONS IN COMPARABLE MARKETS IS PULLED TOGETHER BY THE BOARD CHAIR AND VICE CHAIR. IN CONSULTATION WITH THE EXECUTIVE COMMITTEE, COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD. THIS PROCESS WAS MOST RECENTLY COMPLETED IN 2018. COMPENSATION FOR OTHER OFFICERS & KEY EMPLOYEES: A SALARY ANALYSIS IS COMPLETED BY OASIS DEG (HR PROVIDER), REVIEWED BY RELEVANT STAFF, AND APPROVED BY THE CEO/PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.