2013-12-15T12:48:41-06:00 2013-07-31 202153727 SB & Company LLC 200 International Circle Suite 5500 Hunt Valley MD 21030 990 2012-08-01 521405988 Shakespeare Theatre SHAK 2025473230 516 8th Street Washington DC 200032834 Chris Jennings 2025473230 2013-12-16 1 Graylin Smith P00644233 4105840060 2013-12-13 2012 2016-03-07 17:11:31Z Chris Jennings 516 8th Street Washington DC 200032834 16883974 0 X www.shakespearetheatre.org X 1985 DC The Shakespeare Theatre is a leading force in presenting and preserving the highest quality classical theatre. The theatre's core mission is to present classic theatre of scope and size in an imaginative, skillful and accessible American style that honors the language and intentions of playwrights while viewing their plays through a 21st century lens. 37 35 640 1500 247483 -5242 11577380 6923773 9941020 8657830 96557 -43312 489377 473972 22104334 16012263 192975 175667 0 0 11230401 10578228 0 0 1323090 11873036 11023043 23296412 21776938 -1192078 -5764675 82346600 81023363 19037456 23344950 63309144 57678413 X The Shakespeare Theatre is a leading force in presenting and preserving the highest quality classical theatre. The theatre's core mission is to present classic theatre of scope and size in an imaginative, skillful and accessible American style that honors the language and intentions of playwrights while viewing their plays through a 21st century lens. 0 0 16079217 7401105 PERFORMING ARTS PROGRAMS - The Shakespeare Theatre Company (STC) believes that a classical play is defined not only by its poetic language or its influential playwright, but also by the timelessness of the themes and questions that it poses to its audience. Part of STC's mission is to make classical theatre accessible to audiences, helping them view the stories through a 21st-century lens. The universal themes of family, love, patriotism and leadership, depicted in STC's mainstage offerings, are relatable by all people and particularly relevant to Washington, D.C.'s contemporary audiences, in light of the country's (and the world's) political, social and economic realities. Shakespeare Theatre Company is especially equipped to provide this programming to the D.C. region as the only major theatre in this D.C. metropolitan area devoted to producing a classic repertoire. From ancient Greece to 20th-Century America, Shakespeare Theatre Company annually produces six classical plays-both famous and rarely performed works-that reveal the human dilemma and are accessible to contemporary audiences. Over the past 25 years, Shakespeare Theatre Company has performed 150 productions-including every play in Shakespeare's canon-for more than 2.5 million audience members. The Shakespeare Theatre Company seeks to bring the best of performing arts to D.C. audiences by making its two facilities (774-seat Sidney Harman Hall and 451-seat Lansburgh Theatre) available to a broad spectrum of local, national and international arts companies. During the 2010-2011 Season, the Theatre launched the "STC Presents"series. A great success, the series was included again with the 2011-2012 Season and is being planned for the upcoming 2012-2013 Season. Through the Harman Center for the Arts, STC provides mid-sized theatre space, in downtown D.C., to national tours, local dance festivals and many others. STC is deeply committed to its hometown of Washington, D.C. and has proudly served as a catalyst for revitalization in the Barracks Row/Eastern Market area and the historic Penn Quarter of downtown Washington. Continued collaboration with other major arts and cultural organizations further establishes Shakespeare Theatre Company as a major cultural destination and community resource.Each year, Shakespeare Theatre Company launches its season with the annual Free For All. Since 1991, this signature outreach program has presented free, full-scale classical theatre productions to over 630,000 D.C. area residents. The Free For All is the most successful community outreach program in STC's 25-year history. The program provides new and diverse audiences, especially those who might otherwise be financially unable, with the opportunity to experience classical theatre, for free. The Shakespeare Theatre Company develops a Play Guide to accompany the production and distributes it to children attending the event. STC's Education Department also provides a Students for Shakespeare reserved ticket program, for student groups attending the Free For All. 2192621 175667 1009242 EDUCATIONAL PROGRAMS - The Shakespeare Theatre Company's Education Department strives to make Shakespeare and classical theatre exciting both on the stage and off. The Department annually provides close to 20,000 children and adults with arts education experiences through its roster of 26 comprehensive school, community engagement, training and audience enrichment programs. Text Alive!, an in-school arts enrichment program, supports Common Core State Standards for English and Theatre. A collaboration between students, classroom teachers and STC teaching artists, Text Alive! explores a Shakespeare play and culminates in a performance of his work on one of the Theatre's two stages. Participation in Text Alive! is free of charge. Both Text Alive! and SHAKESPEARIENCE Student Matinees are committed to serving local underserved children. SHAKESPEARIENCE provides subsidized tickets on a sliding scale for local classrooms. The program also supplies pre-show in-school workshops and study guides. STC's Internship and Fellowship programs are highly competitive among recent college graduates who use the program to gain real world professional arts administration and artistic experiences. Creative Conversations, a mainstay of STC's audience enrichment programs, provides a rotation of four free discussion programs designed to enhance the productions playing on-stage. Happenings at the Harman, STC's free performance series, connects patrons who live and work in the Penn Quarter neighborhood with local performing artists. This program is held on Wednesdays from noon to 1 p.m. in The Forum at Sidney Harman Hall. Patrons are encouraged to bring their lunch to the one hour performances. Each year, STC creates relevant resource materials to accompany the Season's productions, including the First Folio Teacher and Student Resource Guide and The Guide to the Season's Plays. Finally, the Theatre also provides professional development seminars for adults and a summer camp for children. Since 2000, Shakespeare Theatre Company, in conjunction with The George Washington University, has offered a Master of Fine Arts degree, to help develop the next generation of actors for classical theatre. Training no more than 16 actors each year, the Academy for Classical Acting's one-year, fully accredited intensive graduate program focuses on the specific craft of performing Shakespeare and other classical texts and is therefore an alternative to most traditional MFA acting programs. Alumni from this program go on to perform classic theatre with reputable professional theatre companies from around the country. 18271838 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 240 0 1 640 1 1 1 0 0 0 0 1 1 0 0 0 0 X 37 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X The Shakespeare Theatre 2025473230 516 8th Street Washington DC 200032834 Michael Kahn 40.00 X X 335654 0 38791 Chris Jennings 40.00 X X 186800 0 14825 Michael R Klein 8.00 X X 0 0 0 Robert E Falb 8.00 X X 0 0 0 Pauline Schneider 3.00 X X 0 0 0 John Hill 3.00 X X 0 0 0 Nicholas W Allard 1.00 X 0 0 0 Ashley Allen 1.00 X 0 0 0 Stephen E Allis 1.00 X 0 0 0 Anita Antenucci 1.00 X 0 0 0 Jeffrey D Bauman 1.00 X 0 0 0 Afsaneh Beschloss 1.00 X 0 0 0 Landon Butler 1.00 X 0 0 0 Dr Paul Carter 1.00 X 0 0 0 Chelsea Clinton 1.00 X 0 0 0 Dr Mark Epstein 1.00 X 0 0 0 Andrew C Florance 1.00 X 0 0 0 Miles Gilburne 1.00 X 0 0 0 Barbara Harman 1.00 X 0 0 0 John Hauge 1.00 X 0 0 0 Stephen A Hopkins 1.00 X 0 0 0 Lawrence A Hough 1.00 X 0 0 0 W Mike House 1.00 X 0 0 0 Jerry J Jasinowski 1.00 X 0 0 0 Norman D Jemal 1.00 X 0 0 0 Jeffrey M Kaplan 1.00 X 0 0 0 Scott Kaufmann 1.00 X 0 0 0 Abbe D Lowell 1.00 X 0 0 0 Eleanor Merrill 1.00 X 0 0 0 Melissa A Moss 1.00 X 0 0 0 Robert S Osborne 1.00 X 0 0 0 Stephen M Ryan 1.00 X 0 0 0 George Stamas 1.00 X 0 0 0 Bill Walton 1.00 X 0 0 0 Lady Westmacott 1.00 X 0 0 0 Rob Wilder 1.00 X 0 0 0 Suzanne S Youngkin 1.00 X 0 0 0 Edward Zakreski 40.00 X 188367 0 11887 Karri Brady 40.00 X 122133 0 9416 Charles Lunceford 40.00 X 108227 0 10483 James W Roemer 40.00 X 104069 0 10483 1045250 0 95885 6 0 1 0 Allied Live LLC 450 West Broad Street Ste 304 Falls Church VA 22046 Marketing services 620154 The Lansburgh 425 8th St NW Washington DC 20004 Residential properties 235873 610620 F St A Condominium 620 F Street NW Washington DC 20004 Management of Harman Center of the Arts 188258 Arnold & Porter LLP 555 Twelfth Street NW Washington DC 20004 Legal Fees 150000 Elul Joint Venture 5530 Wisconsin Avenue Ste 1209 Chevy Chase MD 20815 Commercial Property 111476 5 965515 375225 5583033 6923773 Productions 711110 7046997 7046997 Educational Programs 711110 954439 954439 Tour Income and Bookings 711110 467502 240491 227011 Concessions and Other Sales 711110 188892 168420 20472 8657830 83584 83584 351216 478112 -126896 -126896 -126896 0 965515 393599 -393599 -393599 Other Income 711110 867571 867571 867571 16012263 8410347 247483 430660 175667 175667 754858 620611 62016 72231 8332335 6848081 682531 801723 777370 646620 67323 63427 713665 596558 52047 65060 874352 5466 868886 44750 44750 716131 662864 3886 49381 793992 791908 2084 419623 281357 95565 42701 310969 310969 431781 394448 32636 4697 2389930 2375635 14295 339767 250750 29883 59134 640866 530117 110749 2494831 2365686 129145 Production 1096523 1085607 10916 Miscellaneous 349292 329494 2593 17205 Catering 120236 120236 21776938 18271838 2182010 1323090 630407 904713 26152 18532 5514335 5564122 498955 171465 862385 920245 85410927 16297995 70798474 69112932 3929543 4065674 86349 265680 82346600 81023363 1575506 2078408 3493738 3797797 2425000 13817137 14456169 151075 587576 19037456 23344950 X 59540749 53908397 1882333 1883954 1886062 1886062 63309144 57678413 82346600 81023363 X -5764675 385669 -251725 X X 0 1 X 1 0 X 7478160 5849386 6363155 11577380 6908773 38176854 9868428 10256404 10499877 9941020 8672830 49238559 17346588 16105790 16863032 21518400 15581603 87415413 947570 1073025 2294969 752739 5068303 0 947570 1073025 2294969 752739 5068303 82347110 96373 111625 121307 96557 368140 794002 96373 111625 121307 96557 368140 794002 711061 963903 1156673 1002768 867571 4701976 18154022 17181318 18141012 22617725 16817314 92911391 0.88630 0.91070 0.00850 0.00690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 11800 11800 0 Explanation of Lobbying Activities: Part II-B, Line 1: Provide information as to funding availability from various sources, represent the interest of the organization with respect to obtaining such funding, and provide such further assistance as may be directed or requested. 1422289 158201 76081 1504409 1599277 -28694 148294 1422289 1414791 260038 75552 1599277 1342822 156249 84280 1414791 1775521 -340642 -92057 1342822 1.00000 0 0 12548037 12548037 65722521 11213405 54509116 1316526 1060734 255792 5823843 4023856 1799987 69112932 Mutual Funds 2149977 F Investment Pool 1507414 F Common Stock 408283 F 4065674 Capital Lease Payable 546301 Other Liabilities 41275 587576 X 17344908 385669 553377 939046 16405862 -393599 -393599 16012263 22975639 553377 645324 1198701 21776938 0 21776938 Description of Intended Use of Endowment Funds: Part V, Line 4: The Theatre's endowment consists of one fund established for support of the performing arts. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: The Theatre is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable District of Columbia income tax laws and qualifies for charitable contribution deductions. Accounting principles generally accepted in the United States of America provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. The Theatre performed an evaluation of uncertain tax positions for the year ended June 30, 2013, and determined that there were no matters that would require recognition in the financial statements or which may have any effect on its tax-exempt status. As of July 31, 2013, the statute of limitations for tax years 2009 through 2012 remains open with the U.S. Federal jurisdiction or the various states and local jurisdictions in which the Theatre files tax returns. It is the Theatre's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense. Part XI, Line 4b - Other Adjustments: Fundraising expenses -393,599. Part XII, Line 2d - Other Adjustments: Provision for Doubtful Pledges 123,092. Deferred Financing Costs 128,633. Fundraising expenses 393,599. Will-on the Hill 406700 406700 1197 42010 30262 Annual Harman Gala 558815 558815 60823 69010 66717 123580 965515 965515 62020 111020 66717 153842 393599 -393599 0 Stipends 148 140232 Scholarships 16 35435 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Stipends for Teaching Artists and Intern Program are managed by the Education Department staff with oversight from the Director of Administration and his staff as part of monthly financial management reviews. X X X 0 0 0 0 0 0 0 0 0 Michael Kahn 335654 0 0 0 0 0 32843 0 5948 0 374445 0 6732 0 Chris Jennings 186800 0 0 0 0 0 9999 0 4826 0 201625 0 3712 0 Edward Zakreski 188367 0 0 0 0 0 10642 0 1245 0 200254 0 3786 0 Michael R Klein Member of the Board of Trustees Working Capital X 2425000 2425000 0 1 1 2425000 X 8 374622 Fair Market Value 0 1 0 Form 990, Part VI, Section B, line 11 A draft of Form 990 is reviewed by the Audit Committee of the board. The approved Form 990 is then circulated to the entire board. Form 990, Part VI, Section B, line 12c The conflict of interest policy is applicable to board members. The Board Chairman reviews any conflicts of interest that are identified and determines whether actual conflicts of interest exist. To ensure the Theatre operates in accordance with the highest fiduciary standards applicable to non-profit corporations, the Board, the Compensation Committee or another committee appointed by the Chair of the Board of Trustees conduct periodic reviews that include, at a minimum, findings on the following subjects: -Whether the Theatre's compensation arrangements and benefits are the result of arm's-length bargaining and, based on competent survey information, are reasonable. -Whether Theatre's arrangements with third parties are properly recorded, reflect reasonable investment criteria or payments for goods and services, further the Theatre's purposes and do not result in private incurement, impermissible private benefit or an excess benefit transaction under the Code. Form 990, Part VI, Section B, line 15 The executive and key employee compensation is recommended by the Executive Compensation Committee of the Board of Trustees based upon comparative data collected from a salary survey conducted by the Theatre Communications Group (TCG), a national service organization for the non-profit theater community. The recommendation is then reviewed and approved by the Executive Committee and full board. Form 990, Part VI, Section C, line 19 The Shakespeare Theatre makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Provision for Doubtful Pledges -123,092. Deferred Financing Costs -128,633. Form 990, Part XI, Line 2c: The Audit Committee is responsible for the oversight of the audit and the selection of an independent accountant. Both processes have not changed from prior year.