2019-02-08T09:10:30-06:00 2018-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2017-07-01 412017278 HENNEPIN THEATRE TRUST HENN 6124559500 900 HENNEPIN AVENUE MINNEAPOLIS MN 55403 MARK NERENHAUSEN PRESIDENT/CEO 6124559500 2019-01-31 1 KAREN GRIES P00078514 6123764500 67.137.57.251 2019-01-31 08:41:15 CS P 912999D8D5E4D9097136BAD3000543774677FD22 E168BB59A4AC1B98DF6FDFCBC72C1446FCA85D8B 2017 2019-02-21 02:37:17Z MARK NERENHAUSEN 900 HENNEPIN AVENUE MINNEAPOLIS MN 55403 30556133 0 X WWW.HENNEPINTHEATRETRUST.ORG X 2000 MN HENNEPIN THEATRE TRUST IS A NONPROFIT ORGANIZATION THAT CREATES POSITIVE CHANGE THROUGH THE ARTS BY BRINGING TOGETHER PEOPLE, BUSINESSES AND ORGANIZATIONS IN THE DOWNTOWN MINNEAPOLIS CULTURAL DISTRICT TO CREATE AND ENJOY CULTURAL EXPERIENCES. 25 24 70 402 -10538 29048 5475943 7015121 31055275 23445773 2500 3310 15244 24864 36548962 30489068 0 0 0 0 2574519 2735061 70940 110880 1175868 33332170 25119199 35977629 27965140 571333 2523928 21117306 23836955 19865910 20061631 1251396 3775324 X HENNEPIN THEATRE TRUST CREATES POSITIVE CHANGE THROUGH THE ARTS BY BRINGING TOGETHER PEOPLE, BUSINESSES AND ORGANIZATIONS IN THE WEST DOWNTOWN CULTURAL DISTRICT (WEDO ) TO CREATE AND ENJOY CULTURAL EXPERIENCES. 0 0 23505614 0 23312926 PROGRAMMING:FROM OUR FOUNDING MISSION TO PRESERVE THE HISTORIC THEATRES ALONG HENNEPIN AVENUE TO OUR WORK TODAY AS THE VISIONARY LEADER FOR THE THEATRE DISTRICT, THE TRUST IS TRANSFORMING HOW MILLIONS OF PEOPLE EXPERIENCE THE ARTS IN MINNESOTA. CREDITED WITH REVIVING HENNEPIN AVENUE BETWEEN 5TH AND 10TH STREETS, THE TRUST'S OPERATIONS AND VISION ARE AN ESSENTIAL PART OF COMMUNITY DEVELOPMENT EFFORTS IN DOWNTOWN MINNEAPOLIS WITH A STRONG IMPACT ACROSS MANY SECTORS THROUGHOUT THE STATE.OUR ABILITY TO PRESENT PROFESSIONAL BROADWAY PRODUCTIONS AND OTHER DIVERSE AND PREMIER LIVE ENTERTAINMENT MAKES OUR STATE A MAJOR TOURIST DESTINATION, DRAWING NEARLY 500,000 PATRONS FROM ACROSS THE REGION AND BEYOND TO DOWNTOWN MINNEAPOLIS EACH YEAR. THE ECONOMIC BENEFIT OF OUR ACTIVITIES TO MINNESOTA IS SIGNIFICANT. THE TRUST'S ACTIVITIES PUMPED $3.7M INTO MINNESOTA'S CREATIVE ECONOMY WHILE TOURING SHOWS GENERATED RELATED LOCAL SPENDING ACROSS SECTORS AT AN ESTIMATED $82M. YEAR-ROUND, HIGH-QUALITY PROGRAMMING ALSO ENSURES THAT IMPORTANT HISTORIC BUILDINGS REMAIN A PART OF MINNESOTA'S ARCHITECTURAL LANDSCAPE AND CONTRIBUTE TO A HEALTHY AND VIBRANT DOWNTOWN EXPERIENCE. BY 2021, ALL THREE THEATRES WILL HAVE REACHED 100-YEAR MILESTONES. 425277 0 3000 PUBLIC ART:CITIES THRIVE WHEN STREETS AND PUBLIC SPACES ARE SAFE AND INVITING FOR EVERYONE, AND THE ARTS CAN PLAY A CRUCIAL ROLE IN CREATING A POSITIVE ENVIRONMENT. OUR AWARD-WINNING ACTIVITIES INCLUDE THE HARBOR LIGHT MURAL, WHICH WAS DEVELOPED THROUGH A COLLABORATION WITH LOCAL ARTISTS AND RESIDENTS OF THE SALVATION ARMY'S HARBOR LIGHT EMERGENCY SHELTER AND WAS RECOGNIZED BY AMERICANS FOR THE ARTS AS ONE OF THE COUNTRY'S BEST PUBLIC ARTS PROJECTS IN 2017. THE MADE HERE ARTISTS-IN-STOREFRONTS INITIATIVE AND "5 TO 10" PERFORMANCE SERIES BRING ART TO UNEXPECTED AND UNDERUSED SPACES IN THE THEATRE DISTRICT. THE RIPPLE EFFECTS OF THIS WORK BRING A VARIETY OF BENEFITS: 87% OF MADE HERE ARTISTS (SURVEY RESPONDENTS) REPORTED INCREASED CAREER OPPORTUNITIES AND CONFIDENCE AS A RESULT OF THEIR PARTICIPATION; 13 PREVIOUSLY VACANT BUILDINGS HAVE BEEN LEASED WITHIN 18 MONTHS OF PARTICIPATING IN MADE HERE SINCE THE PROGRAM'S INCEPTION IN 2013; AND THE "5 TO 10" EVENTS, DESIGNED IN COLLABORATION WITH LOCAL HOMELESS SERVICE PROGRAMS, CREATED A SAFE AND INCLUSIVE ENVIRONMENT ON HENNEPIN AVENUE. 656562 0 52198 EDUCATION:THE TRUST IS A VITAL PART OF MINNESOTA'S HIGH SCHOOL MUSICAL THEATRE COMMUNITY AND IS CREDITED WITH TEACHING STUDENTS IMPORTANT LIFE SKILLS SUCH AS LEADERSHIP, CONFIDENCE, AND APPRECIATION FOR COMMUNITY.OUR SPOTLIGHT EDUCATION PROGRAM PROVIDES UNIQUE, HIGH-QUALITY MUSICAL THEATRE EXPERIENCES TO MORE THAN 100 URBAN, SUBURBAN AND RURAL SCHOOLS THROUGHOUT THE STATE AT A TIME WHEN MANY SCHOOLS STRUGGLE TO PROVIDE BASIC ARTS EDUCATION. THESE PROGRAMS ELEVATE AND ENHANCE EXISTING HIGH SCHOOL ARTS CURRICULA AND BY DOING SO, ALSO INCREASE THE BROADER COMMUNITIES' VITALITY AND VISIBILITY. IN ADDITION, OUR SPACE AT 900 HENNEPIN IS HOST TO A VARIETY OF WORKSHOPS AND EVENTS THAT BRING HIGH SCHOOL STUDENTS FROM AROUND MINNESOTA TO MINNEAPOLIS FOR TRAINING WITH BROADWAY ACTORS AND OTHER ARTS PROFESSIONALS. 89% OF PARTICIPANTS (SURVEY RESPONDENTS) REPORT LEARNING NEW MUSICAL THEATRE SKILLS INCLUDING ORCHESTRA ACCOMPANIMENT AND STAGECRAFT AS WELL AS SINGING, DANCING AND ACTING. 296681 0 88446 COMMUNITY ENGAGEMENT:WHILE THE NEW SPACE AT 900 HENNEPIN CREATED MUCH NEEDED SPACE FOR THE ORGANIZATION'S EXISTING WORKSHOPS AND CONVENINGS, SEVERAL NEW INITIATIVES DEEPENED OUR PARTNERSHIPS AND ENHANCED OUR COMMUNITY IMPACT.GEARING UP FOR THE MINNESOTA PREMIERE OF HAMILTON IN AUGUST 2018, THE TRUST PILOTED A PROJECT TO ENGAGE YOUTH IN HONEST DIALOGUES ABOUT DIVERSITY IN THE PERFORMING ARTS AND NURTURE SKILLS FOR SELF-EXPRESSION. STUDENTS ALSO LED DIALOGUES ON DIVERSITY WITH MUSICAL THEATRE TEACHERS IN SPOTLIGHT EDUCATION.THE TRUST PARTNERED WITH ORGANIZATIONS FROM THE DISABILITIES COMMUNITY TO PILOT INCLUSIVE MUSICAL THEATRE WORKSHOPS THAT INCLUDED SPOTLIGHT EDUCATION PARTICIPANTS AND ADULTS WITH DISABILITIES FROM THE SABES JCC INCLUSION PROGRAM. TO BUILD ON THAT WORK, THE TRUST PROVIDED TRAINING FOR ITS STAFF, BOARD AND 200-PLUS CONTRACTORS TO INTEGRATE INCLUSIVITY PRACTICES THROUGHOUT THE ORGANIZATION.AS THE CITY OF MINNEAPOLIS PREPARES FOR A THREE-YEAR RECONSTRUCTION OF HENNEPIN AVENUE STARTING IN 2019, THE TRUST WAS APPOINTED TO THE HENNEPIN AVENUE COMMUNITY ADVISORY GROUP AND WORKED INDEPENDENTLY TO BUILD RELATIONSHIPS BETWEEN ARTISTS, BUSINESSES AND HOMELESS SERVICE AGENCIES TO PLAN PUBLIC ARTS EXPERIENCES THAT WILL SUPPORT THE ECONOMIC AND SOCIAL VITALITY OF THE AREA DURING THE RE-CONSTRUCTION, AND BEYOND.TWO-YEARS IN A ROW, THE TRUST HAS PARTNERED WITH THE UNIVERSITY OF MINNESOTA DULUTH AND THE 24 HOUR PLAYS TO RAISE THE PROFILE OF MINNESOTA'S THEATRE COMMUNITY WITH A NATIONALLY RECOGNIZED TEMPLATE FOR CREATIVE FUNDRAISING. THE PARTNERSHIP BRINGS MAJOR TALENT TO THE TWIN CITIES ALONGSIDE LOCAL ARTISTS AND CULMINATES IN A UNIQUE NIGHT OF THEATRE THAT BENEFITS THE TRUST'S AND UMD'S EDUCATION PROGRAMS.THE TRUST TEAMS UP WITH COMMUNITY VOLUNTEERS EACH YEAR TO PROVIDE GREAT ARTS EXPERIENCES FOR ITS AUDIENCES. LAST SEASON WE WORKED WITH 400-PLUS VOLUNTEERS WHO PUT IN MORE THAN 3,620 HOURS OF THEIR TIME.THE TRUST ALSO PROVIDES COMPLIMENTARY TICKETS TO THOUSANDS OF COMMUNITY MEMBERS EACH YEAR WHO OTHERWISE COULD NOT AFFORD TO ATTEND OUR EVENTS. IN 2017, WE PROVIDED TICKETS TO 3,632 PEOPLE THROUGH PARTNERSHIPS WITH 32 NONPROFIT ORGANIZATIONS. 296681 0 88446 24884134 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 166 0 1 70 1 1 1 0 0 0 0 1 1 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 0 0 MN X X MARK NERENHAUSEN 6124559510 900 HENNEPIN AVE MINNEAPOLIS MN 55403 ANN SIMONDS BOARD CHAIR 5.00 X X 9231 0 0 JAY NOVAK VICE CHAIR 1.00 X X 0 0 0 TRAVIS BARKVE FINANCE CHAIR 1.00 X X 0 0 0 JUDY BLASEG DEVELOPMENT CHAIR 1.00 X X 0 0 0 MARK MARJALA CHAIR-BOARD AFFAIRS 1.00 X X 0 0 0 SYL JONES SECRETARY 1.00 X X 0 0 0 SCOTT A BENSON TRUSTEE 1.00 X 0 0 0 DANIEL PIERCE BERGIN TRUSTEE 1.00 X 0 0 0 BARBARA BRIN TRUSTEE 1.00 X 0 0 0 RALPH W BURNET TRUSTEE 1.00 X 0 0 0 ANDREA CHRISTENSON TRUSTEE 1.00 X 0 0 0 MICHELE ENGDAHL TRUSTEE 1.00 X 0 0 0 GLORIA FREEMAN TRUSTEE 1.00 X 0 0 0 KATHLEEN GULLICKSON TRUSTEE 1.00 X 0 0 0 JEREMY JACOBS TRUSTEE 1.00 X 0 0 0 JEANNIE JOAS TRUSTEE 1.00 X 0 0 0 BARBARA KLAAS TRUSTEE 1.00 X 0 0 0 JIM LINNETT TRUSTEE 1.00 X 0 0 0 ANNETTE THOMPSON MEEKS TRUSTEE 1.00 X 0 0 0 ANDREA MOKROS TRUSTEE 1.00 X 0 0 0 DENEANE RICHBURG TRUSTEE 1.00 X 0 0 0 NORAH SHAPIRO TRUSTEE 1.00 X 0 0 0 JULIE BETH VIPPERMAN TRUSTEE 1.00 X 0 0 0 TOM VITT TRUSTEE 1.00 X 0 0 0 MARK NERENHAUSEN PRESIDENT/CEO 50.00 X 175445 0 7249 JIM LANGEMO CHIEF ADMINISTRATIVE OFFICER 50.00 X 125138 0 7280 NAOMI PESKY VP OF EXTERNAL RELATIONS 50.00 X 145564 0 11311 455378 0 25840 3 0 1 0 PHANTOM TOURING LLC 7135 MINSTREL WAY SUITE 105 COLUMBIA MD 21045 PRODUCER 2822002 BUENA VISTA THEATRICAL GROUP 214 WEST 42ND STREET SUITE 300 NEW YORK NY 10036 PRODUCER 2562045 JB SECOND NATIONAL TOUR 311 W 43RD ST 6TH FLOOR NEW YORK NY 10036 PRODUCER 830459 WAITRESS TOUR LLC 1560 BROADWAY SUITE 1202 NEW YORK NY 10036 PRODUCER 721074 SCHOOL OF ROCK TOURING LLC 818 W DIAMOND AVE SUITE 250 GAITHERSBURG MD 20878 PRODUCER 648593 19 862124 6152997 307063 7015121 SHOW REVENUE 711300 23175109 23175109 COMMUNITY PROGRAMS 900099 118271 118271 SPONSORSHIPS 900099 109242 109242 MARKETING REVENUE 900099 43151 28576 14575 23445773 3310 3310 82018 3361 54226 5781 27792 -2420 25372 -24649 50021 6550 7058 -508 -464 -44 30489068 23431198 -10538 53287 470163 392504 77659 1768986 887526 486541 394919 43045 24415 10413 8217 276611 138242 92800 45569 176256 80018 60754 35484 69361 3450 48111 17800 28259 28259 110880 110880 137476 74310 59082 4084 29700 28777 93 830 141538 9468 125825 6245 129247 62073 53339 13835 123963 123963 48553 43754 3757 1042 1218007 1128637 89370 787065 625966 161099 82771 82771 SHOW COSTS 21092256 21092256 COMMUNITY PROGRAM EXPEN 397175 397175 MEMBERSHIP EXPENSE 321571 321571 IN-KIND EXPENSE 306863 226503 80360 205394 61564 86457 57373 27965140 24884134 1905138 1175868 1692618 2728126 291699 810998 398913 1411609 1222 5252 203247 218836 26091991 7429857 18529607 18662134 21117306 23836955 671486 617096 78010 369608 19116414 19074927 19865910 20061631 X 893852 1693444 357544 2081880 1251396 3775324 21117306 23836955 2523928 0 X 0 1 X 1 0 X 4805215 4727118 4791622 5475943 7015121 26815019 26339106 20312561 21861318 31044567 23431198 122988750 31144321 25039679 26652940 36520510 30446319 149803769 0 0 0 149803769 3543 4338 4685 2500 88689 103755 3543 4338 4685 2500 88689 103755 470 29048 29518 31147864 25044017 26657625 36523480 30564056 149937042 0.99910 0.99990 0.00070 0.00010 X 765900 765900 24314328 6870862 17443466 789317 363252 426065 222446 195743 26703 18662134 X 30495268 6200 6200 30489068 0 30489068 27971340 6200 6200 27965140 0 27965140 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. 1 FOX ADVANCEMENT 807 BROADWAY ST NE SUITE 250 MINNEAPOLIS MN 55413 CAPITAL CAMPAIGN CONSULTING 0 0 110880 0 110880 MN X X X 1 0 0 0 0 1 0 0 0 MARK NERENHAUSEN PRESIDENT/CEO 175445 0 0 0 0 0 0 0 7249 0 182694 0 0 0 NAOMI PESKY VP OF EXTERNAL RELATIONS 124170 0 0 0 21394 0 3722 0 7589 0 156875 0 0 0 PART I, LINE 4A NAOMI PESKY, $21,394 X TICKETS 3528 215943 FAIR VALUE X CATERING 31 91120 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 III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: WE ARE A SIGNIFICANT DRIVER OF ECONOMIC GROWTH IN DOWNTOWN MINNEAPOLIS AND OUR ACTIVITIES HAVE A RIPPLE EFFECT THAT PROMOTES CULTURAL AND ECONOMIC VITALITY THROUGHOUT THE STATE. EACH YEAR, WE SUCCESSFULLY FILL THREE HISTORIC THEATRES WITH A DIVERSE RANGE OF PROFESSIONAL THEATRE AND OTHER LIVE ENTERTAINMENT PERFORMANCES THAT ATTRACT MORE THAN 600,000 PEOPLE TO MINNEAPOLIS. OUR NEWEST COMMUNITY SPACES AT 900 HENNEPIN, WHICH IS ALSO HOME TO OUR ORGANIZATION'S STAFF, EXPAND OUR PRESENCE ALONG HENNEPIN AVENUE, AND SERVE AS THE CENTRAL HUB OF A VIBRANT AND UNIQUE DISTRICT. RESTAURANTS, HOTELS, CORPORATIONS, RETAIL, MUSEUMS, DANCE, CONCERTS, SPORTING EVENTS - EVEN A HIGH SCHOOL AND A COLLEGE - CONNECT OUR THEATRES AND THE SPACES BETWEEN TO CREATE AN ECLECTIC URBAN CAMPUS, ANCHORED BY THE PERFORMING ARTS. 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 A, LINE 8B DURING THE YEAR, MEETING MINUTES FOR THE EXECUTIVE COMMITTEE WERE NOT KEPT. SUBSEQUENT TO YEAR-END, THE ORGANIZATION BEGAN RECORDING MEETING MINUTES FOR ALL COMMITTEE MEETINGS HELD. 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 2017. COMPENSATION FOR OTHER OFFICERS & KEY EMPLOYEES: A SALARY ANALYSIS IS COMPLETED BY OASISDEG (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.