2024-03-01T11:46:30-06:00 2023-06-30 330310569 HASKELL & WHITE LLP 300 SPECTRUM CENTER DR STE 300 IRVINE CA 92618 990 2022-07-01 330157868 IRVINE BARCLAY THEATRE OPERATING CO IRVI 9498544607 4199 CAMPUS DRIVE 275 IRVINE CA 92612 GARY PAYNE SR. VP,FINANCE & OPERATIONS 9498544607 2024-02-29 1 GARY PAYNE 999009999 0 RICK SMETANKA P01677376 9494506200 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z GARY PAYNE 4199 CAMPUS DRIVE SUITE 275 IRVINE CA 92612 6042089 0 X WWW.THEBARCLAY.ORG X 1985 CA TO SHOWCASE TOP QUALITY ARTISTS, TO PROVIDE A SUPERIOR FACILITY FOR LOCAL AND REGIONAL ARTS GROUPS, AND TO ENHANCE UC IRVINE'S EDUCATIONAL MISSION, PARTICULARLY THE PROGRAMS GENERATED BY ITS SCHOOL OF THE ARTS. 16 14 136 15 0 0 5685732 2264692 2795331 3707901 62445 69496 0 0 8543508 6042089 0 0 0 0 1911429 2425305 0 0 574273 3712009 4485579 5623438 6910884 2920070 -868795 7944547 7846462 827766 1567443 7116781 6279019 PERFORMING ARTS FACILITY ESTABLISHED FOR THE PURPOSE OF MANAGING, OPERATING, MAINTAINING, PROGRAMMING AND RAISING FUNDS FOR THE IRVINE BARCLAY THEATRE. 0 0 5650067 3707901 IRVINE BARCLAY THEATRE (IBT) WAS ESTABLISHED TO BROADEN THE SCOPE, AVAILABILITY AND APPRECIATION OF PERFORMING ARTS IN ORANGE COUNTY, CALIFORNIA. THE VISION IS TO SHOWCASE TOP QUALITY ARTISTS, PROVIDE A SUPERIOR FACILITY FOR LOCAL AND REGIONAL ARTS GROUPS, AND TO ENHANCE UCI'S EDUCATIONAL MISSION, PARTICULARLY THE PROGRAMS GENERATED BY ITS CLAIRE TREVOR SCHOOL OF THE ARTS. OVER THE YEARS, MORE THAN 3 MILLION PATRONS HAVE ATTENDED MORE THAN 5,600 IBT PERFORMANCES AND THE THEATRE HAS BEEN RENTED OVER 4,000 TIMES BY DIFFERENT COMMUNITY ORGANIZATIONS. IBT IS KNOWN FOR ITS COMMITMENT TO WORLD-CLASS PROGRAMMING, EDUCATION, AND COMMUNITY OUTREACH. DURING THE CURRENT FISCAL YEAR, IBT PRESENTED 51 PERFORMANCES,139 OUTSIDE EVENTS, AND 2 STREAMING EVENTS. IBT ALSO FACILITATED COMMUNITY RENTAL OF THE THEATER FOR 139 PERFORMANCES. 5650067 1 1 0 0 0 0 0 0 0 1 1 1 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 0 0 0 0 0 0 0 0 0 1 95 0 136 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 CA X GARY PAYNE SENIOR VP FINANCE AND OPERATIONS 9498544607 4199 CAMPUS DRIVE SUITE 275 IRVINE CA 92612 BOB ROMNEY CHAIRMAN 2.00 X X 0 0 0 GARY FABIAN CHIEF FINANCIAL OFFICER 2.00 X X 0 0 0 WILLIAM PARKER SECRETARY 2.00 X X 0 0 0 LARRY AGRAN DIRECTOR 2.00 X 0 0 0 MICHELLE GRETTENBERG DIRECTOR 2.00 X 0 0 0 HARASON HORWITZ DIRECTOR 2.00 X 0 0 0 FARRAH KHAN DIRECTOR 2.00 X 0 0 0 JENNIFER KLEIN DIRECTOR 2.00 X 0 0 0 TIFFANY LOPEZ DIRECTOR 2.00 X 0 0 0 SHERRY MAIN DIRECTOR 2.00 X 0 0 0 DANIELLE OAKLEY DIRECTOR 2.00 X 0 0 0 CHRISTOPHER RAMSEY DIRECTOR 2.00 X 0 0 0 SHAUN SKERIS DIRECTOR 2.00 X 0 0 0 STUART WINSTON DIRECTOR 2.00 X 0 0 0 EUGENE CHOI DIRECTOR 2.00 X 0 0 0 JERRY MANDEL PRESIDENT & CHAIRMAN 20.00 X 118500 0 0 CRAIG SPRINGER EXECUTIVE VP 40.00 X 143750 0 4313 GARY PAYNE SENIOR VP FINANCE & OPERATIONS 40.00 X 160937 0 5484 423187 0 9797 3 0 1 0 0 25000 2239692 2264692 OPERATIONS INCOME 711110 2491182 2491182 PROGRAMMING REVENUE 711110 1216719 1216719 3707901 69496 69496 6042089 3707901 0 69496 420938 169642 106655 144641 1594176 1406333 59173 128670 38439 23809 9848 4782 209561 136334 49912 23315 162191 119529 27291 15371 40960 40960 7107 7107 34500 34500 501680 501680 178817 126393 22848 29576 118707 65670 34012 19025 84226 84226 10547 9722 825 31567 7970 23190 407 479816 458500 21316 130951 130951 ARTIST FEES AND OTHER 1288767 1288767 PROGRAMMING HOUSE COSTS 602601 602601 OTHER 450838 185779 57398 207661 MAINTENANCE 333354 333354 191141 179484 11657 6910884 5650067 686544 574273 2945 2945 3519416 2977960 1336928 631100 72889 26278 91520 95994 5530501 2650430 2423220 2880071 497629 1060493 0 171621 7944547 7846462 292054 467941 535712 924922 0 174580 827766 1567443 X 4933345 4485216 2183436 1793803 7116781 6279019 7944547 7846462 -868795 31033 0 X 0 1 X 0 0 X 2941818 4631000 2287986 3145934 2264693 15271431 2941818 4631000 2287986 3145934 2264693 15271431 15271431 3654 18734 5951 62445 69496 160280 15431711 12453581 0.98960 0.99370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1053718 6775 1060493 1164235 -110517 1053718 1045610 118625 1164235 1030744 14866 1045610 1005247 25497 1030744 0.09000 0.91000 0 0 5530501 2650430 2880071 2880071 FIXED INCOME AND EQUITY MUTUAL FUNDS, ETF'S, AND CD'S 1060493 F 1060493 OPERATING LEASE LIABILITY 174580 174580 X 6073122 31033 31033 6042089 0 6042089 6910884 0 6910884 0 6910884 PART X, LINE 2: EXCERPT FROM THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023: INCOME TAXES THE COMPANY QUALIFIES AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE AND, THEREFORE, IS NOT SUBJECT TO INCOME TAX. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, MANAGEMENT REGULARLY EVALUATES POTENTIAL TAX EXPOSURES THAT MAY RESULT FROM UNRELATED BUSINESS INCOME TAX AND ACTIVITIES THAT MAY JEOPARDIZE THE COMPANY'S TAX EXEMPT STATUS. AS A RESULT OF MANAGEMENT'S EVALUATION, NO TAX PROVISION WAS RECORDED. PART V LINE 3 TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE ORGANIZATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE ORGANIZATION TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. X X 0 0 0 0 0 0 0 0 0 GARY PAYNE SENIOR VP FINANCE & OPERATIONS 160937 0 0 0 0 0 0 0 5484 0 166421 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE HAS THE RESPONSIBILITY FOR REVIEWING THE ORGANIZATION'S FORM 990 (INCLUDING ALL PERTINENT SCHEDULES) BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. - A DRAFT OF FORM 990 WILL BE PREPARED NO LATER THAN ONE MONTH PRIOR TO THE FILING DEADLINE. WITHIN ONE WEEK OF PREPARATION, A FINANCE COMMITTEE MEETING WILL BE SCHEDULED TO CONDUCT ITS REVIEW. - THE FINANCE COMMITTEE WILL REVIEW THE FORM 990 AND IF NECESSARY WILL ARRANGE A CONFERENCE CALL WITH PREPARER OF THE FORM. - MINUTES WILL BE KEPT OF THE FINANCE COMMITTEE'S REVIEW AND DISCUSSION, IF ANY, WITH THE PREPARER. - AFTER THE FORM 990 HAS BEEN REVIEWED BY THE FINANCE COMMITTEE AND FILED WITH THE INTERNAL REVENUE SERVICE, THE FINANCE COMMITTEE WILL INFORM THE BOARD OF DIRECTORS AND/OR EXECUTIVE COMMITTEE AT THE NEXT BOARD OR EXECUTIVE COMMITTEE MEETING OF ITS REVIEW AND FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED AT BOARD MEETINGS. THE FORM IS DISTRIBUTED TO MEMBERS ANNUALLY. MEMBERS SIGN AND LIST ANY CONFLICTS, IF APPLICABLE. FORM 990, PART VI, SECTION C, LINE 19 THE FOLLOWING ORGANIZATION DOCUMENTS OF THE TAX-EXEMPT ORGANIZATION ARE AVAILABLE (FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE. APPOINTMENTS ARE PREFERRED. 1) INTERNAL REVENUE SERVICE DETERMINATION LETTER 2) ARTICLES OF INCORPORATION 3) BY-LAWS THE PUBLIC INSPECTION COPY OF THE ORGANIZATION'S FORM 990 FROM THE PREVIOUS THREE YEARS (AT A MINIMUM) WILL BE AVAILABLE FOR INSPECTION OR COPYING AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE. APPOINTMENTS ARE PREFERRED. THE PUBLIC INSPECTION COPY OF FORM 990 WILL NOT INCLUDE THE SCHEDULE A, EXCESS CONTRIBUTORS OR THE SCHEDULE B, NAMES AND ADDRESSES OF CONTRIBUTORS. WHEN RESPONDING TO A PUBLIC INSPECTION REQUEST FOR ANY ORGANIZATIONAL DOCUMENT OR FORM 990 BY ANYONE, THE ORGANIZATION SHALL FULFILL SUCH REQUEST IN A TIMELY FASHION WITHOUT INQUIRING AS TO THE REASON FOR THE PUBLIC INSPECTION REQUEST. THE FOLLOWING OTHER DOCUMENTS (MOST UPDATED VERSIONS) WILL BE POSTED ON THE ORGANIZATION'S WEB SITE: 1) MOST RECENT COPY OF THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS 2) CONFLICT OF INTEREST POLICY