2024-07-01T12:14:22-07:00 2023-08-31 990 2022-09-01 911077130 VILLAGE THEATRE VILL 4253921942 303 Front St North Issaquah WA 98027 Adam Immerwahr Artistic Director 4253921942 2024-07-01 Adam Immerwahr 999009999 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Adam Immerwahr 303 Front St Issaquah WA 98027 12088299 0 X www.villagetheatre.org X 1979 WA To inspire and enlighten audiences in the Pacific Northwest through professional, top quality live theatre productions; train young people in theatre skills for enriched lives; and support the growth of the musical theatre art form through the development of relevant and significant new works. 16 16 652 3393 0 0 8727169 3641321 6057134 7748240 212445 204116 243060 242861 15239808 11836538 0 0 0 0 8254161 11191238 29024 7431 806208 4134663 4537854 12417848 15736523 2821960 -3899985 24146236 21244130 6565877 7363828 17580359 13880302 X To be a regionally recognized and nationally influential center of excellence in family theatre: to promote a season of top quality productions; to commission and produce new musicals that achieve national exposure; to train young people in theatre skills for career opportunities and enriched lives; to develop a broad based appreciation for live theatre; to promote positive values through art. 0 1 10727278 0 6381250 Mainstage productions focus on excellence in family theatre, developing a broad based appreciation for live theatre and promoting positive values through art. A Mainstage season consisting of a four musicals and one play were produced from September to August at two venues in Issaquah and Everett, Washington. Attendance was 101,116 at 327 performances. 712432 0 32197 Village Originals is a mission-driven program to commission and produce new musicals that achieve national exposure. Through the Village Originals program, new works are produced to various degrees in collaboration with the show's creators. This process helps to foster the growth of new musicals in America and around the world. Village Theatre is one of only a handful of professional theatre companies throughout the country that commissions and develops new musicals. Village Theatre's reputation in this arena continues to grow on a national and international level. Writer's Residencies helps writers to develop ideas, create material, test drafts, provide feedback and receive dramaturgical support. Readings allow writers to hear their piece preformed by professional actors without sets or costumes. Developmental Productions allow the writers to see their piece on stage and in front of an audience with limited sets and costumes. One Development Production was produced during the 2022/2023 season with 7 performances and 1,221 attendees. 2003875 0 1153143 KIDSTAGE trains young people in theatre skills for career opportunities and enriched lives by offering classes and performance opportunities. KIDSTAGE education programs consist of year-round classes and camps; and performance opportunities in two locations: Issaquah and Everett, Washington. Enrollment in classes was approximately 2,380 students. KIDSTAGE produced 10 musicals throughout the year between both locations. An audience of 10,366 attended 84 performances. Some of the performance opportunities are provided at no cost to the students, while others are tuition based with scholarships available. 51331 0 181650 The Everett Performing Arts Center is a separate live theatre facility located in Everett, WA. In addition to our Mainstage productions Village Theatre facilitates a variety of on-stage experiences for Everett audiences, including local chorale groups and children's plays. Expenses include direct expenses associated only with outside arts programming and do not include expenses for Village Theatre programs which are required under the management contract with the City of Everett and which are included elsewhere in the program/service accomplishments. Approximately XXXXX patrons and students attended events at the facility during 2022/2023. 51331 0 181650 13494916 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 224 0 1 652 1 0 0 0 0 0 1 1 0 0 1 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X X X Diane Wright 4253921942 303 Front St North Issaquah WA 98027 Robert W Hunt Executive Producer 40 0 X 148285 0 12172 Frank Stilwagner Director of Advancement 40 0 X 125730 0 25468 Diane Wright Director of Finance 40 0 X 115985 0 25784 Adam Immerwahr Artistic Director 40 0 X 130449 0 1502 James Markham Director of Production 40 0 X 101174 0 4786 Laura Lee Managing Director 40 0 X 91954 0 0 Lydia Rapidah Board Member 3 0 X 0 0 0 Aaron Coe Board Member 3 X 0 0 0 Gwendolyn King Board Member 3 0 X 0 0 0 Leslie Peng Board Member 3 0 X 0 0 0 Trina Schurman Board Member 3 0 X 0 0 0 Todd Thull Board Member 3 0 X 0 0 0 Don Weston Board Member 3 0 X 0 0 0 Eric Emans Board Member 3 0 X 0 0 0 William McSherry Board Member 3 0 X 0 0 0 James Ladd Board Member 5 0 X 0 0 0 Jill Klinge President 5 0 X 0 0 0 Julie Bailey President Elect 5 0 X 0 0 0 Bruce Wanta Vice President 5 0 X 0 0 0 Twyla Lucas Vice President Strategic Fundraising 5 0 X 0 0 0 John Seethoff Vice President Governance 5 0 X 0 0 0 J Patrick Ostrander Treasurer 5 0 X 0 0 0 Judy Yu Secretary 5 0 X 0 0 0 713577 0 69712 5 0 1 0 0 0 554406 0 1221602 1865313 36810 3641321 Mainstage 711110 6381250 6381250 0 0 KIDSTAGE 711110 1153143 1153143 0 0 Village Originals 711110 32197 32197 0 0 Everett Performing Arts Center 711110 181650 181650 0 0 0 0 0 0 7748240 203016 0 0 203016 0 0 0 0 0 0 0 0 211476 0 47739 0 163737 0 163737 163737 0 0 0 1100 0 0 0 1100 1100 1100 0 0 175461 7779 167682 7779 0 7779 107685 36340 71345 0 0 71345 0 11836538 7913077 0 282140 0 0 0 0 0 0 0 0 547058 280371 216418 50269 0 0 0 0 8795259 7740934 508206 546119 274571 256184 8579 9808 778231 739796 27569 10866 796119 679980 71939 44200 40091 0 40091 0 23552 0 23552 0 52189 0 52189 0 17831 0 17831 0 7431 7431 23023 0 23023 0 0 0 0 944215 907491 13735 22989 180511 153105 23365 4041 275535 62719 202901 9915 575956 575956 657080 530023 118197 8860 300179 257736 8947 33496 13905 10809 2157 939 0 0 0 0 0 0 0 439883 368325 57005 14553 79117 65392 4225 9500 Youth Outreach 106353 104998 1355 0 Charge card fees 225443 222336 3107 0 Sets and Costumes 536166 536108 58 0 Fundraising 46825 2653 10950 33222 0 0 0 0 15736523 13494916 1435399 806208 X 0 0 0 0 185793 206544 9627767 3388430 715134 1355366 54313 24033 827707 1064854 19507443 8906047 10421020 10601396 2299502 4075048 15000 528459 24146236 21244130 635634 919255 3414646 3450148 2515597 2994425 6565877 7363828 X 14605085 10578662 2975274 3301640 17580359 13880302 24146236 21244130 -3899985 199928 0 0 0 0 X 0 1 X 1 0 X 3302530 7521605 7555101 8727169 3641321 30747726 10073723 5491337 918952 6312804 8031386 30828202 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13376253 13012942 8474053 15039973 11672707 61575928 484408 3374647 506751 297434 188440 4851680 0 0 0 0 0 0 484408 3374647 506751 297434 188440 4851680 56724248 287484 234363 301139 418597 418592 1660175 0 0 0 0 0 287484 234363 301139 418597 418592 1660175 0 0 0 0 0 0 0 0 63954 63954 13663737 13247305 8839146 15458570 12091299 63300057 0.89612 0.88634 0.02623 0.02279 X Schedule A, Part III, Line 12 Other income in 2020 of $63,954 is Unemployment Stop Loss Coverage that was triggered due to high unemployment claims during 2020 as a result of COVID. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 15988284 15988284 949414 237354 0 0 692612 420909 770892 949414 2833827 4250741 13125 13730 10000 0 36855 173153 105227 192723 237354 708457 1062686 13125 13730 10000 0 36855 2299503 140584 206094 0 108954 0 2537227 2166700 586761 -453958 0 0 0 2299503 1500610 315648 410709 0 60267 0 2166700 984893 153794 394856 0 32933 0 1500610 734155 230016 20722 0 0 0 984893 0.1 0.9 0 1 0 0 2216626 2216626 0 11571054 5308202 6262852 0 2232672 598627 1634045 0 3469024 2991486 477538 0 18067 7732 10335 10601396 12304131 199928 15904 0 251761 467593 11836538 0 0 0 11836538 16004188 15904 0 0 251761 267665 15736523 0 0 0 15736523 Schedule D, Part V, Line 4 The Theatre's endowment consists of: a board quasi-endowment; and a permanently restricted endowment established for supporting general operations, Mainstage, youth education, and Village Originals. The purpose of the endowment is to grow the corpus and earnings to levels that will help provide financial stability for the organization. Schedule D, Part XI, Line 2d Reconciling Adjustments: Rental Expense $47,739; Cost of Goods Sold $19,047; Direct expenses from fundraising $167,682 Schedule D, Part XII, Line 2d Reconciling Adjustments: Rental Expense $47,739; Cost of Goods Sold $19,047; Direct expenses from fundraising $167,682 Gala and Auction 505789 369174 136615 0 0 14462 53091 5115 53367 Sing It Forward 224078 185233 38845 0 0 0 0 17514 24503 0 729867 554407 175460 0 0 14462 53091 22629 77870 168052 7408 X X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 Robert W Hunt Executive Producer 138285 0 0 0 10000 0 4202 0 7970 0 160457 0 0 0 Frank Stilwagner Director of Advancement 90850 0 0 0 34880 0 4074 0 21395 0 151199 0 0 0 Schedule J, Part I, Line 1a The Artistic Director, Managing Director and Director of Production are given discretionary budget accounts as part of the budgeting process to cover unforeseen expenses that may arise. Transfers must be approved by management and then given to Accounting to transfer the funds from the discretionary general ledger account to the account that requires the needed funds. A relocation expense reimbursement was included as part of the Artistic Director's Employment Agreement for up to $10,000. Receipts were submitted to the Director of Finance for approval before reimbursements were processed. Certain stipulations are included for repayment if the Artistic Director leaves employment within two years of signing their contract. Schedule J, Part I, Line 3 For the fiscal year ending 8/31/23, the organizations leadership, which consists of the Artistic Director and Managing Director, are reviewed by the Board of Directors. A compensation committee evaluates their salaries at comparable theatres in the National Alliance for Musical Theatre salary survey and selected 990 tax returns for regional theatres in the Seattle area and around the country. The committee brings their compensation recommendations to the full Board for approval. Other key employee's salaries are presented at the finance committee for review as part of the annual budgeting process which is approved by the full Board. Schedule J, Part I, Line 4 In October 2022, Frank Stilwagner left the organization and received a severance payment in the amount of $34,880. X 3 5950 Fair Market Value X Donated Computers 67 21150 Fair Market Value 0 0 1 0 Form 990, Part III, Line 3 During 2020/2021 Village Theatre suspended its Pied Piper program due to its inability to schedule performances with schools due to Covid concerns. The Pied Piper program brought in touring shows for school age children and was a part of the youth education programs at Village Theatre. The Pied Piper program remained suspended during 2021/2022 as schools were not booking students for field trips. In 2022/2023, Village Theatre decided to discontinue this program. The Pied Piper program had small financial impact within the organization when it was operational. Form 990, Part VI, Section B, Line 11b The organization uses electronic E-filing software to complete the 990. The software provides a verification process that must be completed before the return is marked complete and ready to file. Then the 990 is electronically sent to all Board members prior to filing. Time is given for Board members to provide any feedback on the return. After the review time is completed and the return is ready for filing, management electronically files the return with the IRS. Form 990, Part VI, Section B, Line 12c Annually the board is given a copy of the Conflict of Interest policy and then asked to sign a Certificate of Acknowledgement that affirms that they have read and understand the policy and have agreed to comply with the articles of the policy. Additionally, the board annually fills out a board questionnaire that inquiries about family or business relationships that may be potential conflicts, as well as inquiring about business transactions and compensation. Form 990, Part VI, Section B, Line 15 For the fiscal year ending 8/31/23, the organization's leadership, which consists of the Artistic Director and Managing Director, are reviewed by the Board of Directors. A compensation committee evaluates their salaries at comparable theatres in the National Alliance for Musical Theatre salary survey and selected 990 tax returns for regional theatres in the Seattle area and around the country. The committee brings their compensation recommendations to the full Board for approval. Other key employee's salaries are presented at the finance committee for review as part of the annual budgeting process which is approved by the full Board. Form 990, Part VI, Section C, Line 19 The organization makes governing documents, conflict of interest policy and financial statements available to the public upon request. Additionally, audited financial statements and 990's are posted on Village Theatre's website and are available to the public for download. The 990 is also posted on Guidestar.