2024-05-03T10:33:33-05:00 2023-06-30 341874260 CBIZ MHM LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2022-07-01 431866550 KAUFFMAN CENTER FOR THE PERFORMING ARTS KAUF 8169947200 1601 BROADWAY BLVD KANSAS CITY MO 64108 COLBY JONES CFO 8169947200 2024-05-03 1 COLBY JONES XXX-XX-XXXX 1 LISA BURKE P00220718 8169455500 2024-05-02 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z COLBY JONES 1601 BROADWAY BLVD KANSAS CITY MO 64108 18447791 0 X WWW.KAUFFMANCENTER.ORG X 1999 MO TO ENRICH THE LIVES OF EVERYONE IN OUR COMMUNITY THROUGH DIVERSE PERFORMING ARTS EXPERIENCES 9 9 67 446 187097 8656 11966514 4327501 4031232 6959198 6654816 5347846 1865442 875185 24518004 17509730 44183 105604 0 0 3615221 4027738 0 0 1006110 18925906 20905261 22585310 25038603 1932694 -7528873 417719343 416107227 103234915 103832142 314484428 312275085 X TO ENRICH THE LIVES OF EVERYONE IN OUR COMMUNITY THROUGH EXTRAORDINARY AND DIVERSE PERFORMING ARTS EXPERIENCES. THESE EXPERIENCES ARE PROVIDED THROUGH PROGRAMS, CUSTOMER SERVICE, AND EDUCATION.(CONTINUED ON SCHEDULE O)PROGRAMS: SHOWCASE A VARIETY OF HIGH-QUALITY PROGRAMS THROUGH RESIDENT COMPANIES AND COMMUNITY PARTNERSHIPS, AS WELL AS NATIONAL AND INTERNATIONAL ARTISTS AND PRODUCTIONS.CUSTOMER SERVICE: CREATE DEVOTED CONSTITUENTS AND ENHANCE THE SATISFACTION FOR ALL WHO COME INTO THE VENUE.EDUCATION: NURTURE LOVE OF THE ARTS FOR PRESENT AND FUTURE GENERATIONS. 0 0 21529380 105604 7368195 SINCE THE GRAND OPENING IN 2011, THE KAUFFMAN CENTER, IN COLLABORATION WITH ITS RESIDENT ARTS ORGANIZATIONS (RAO), KANSAS CITY BALLET, KANSAS CITY SYMPHONY AND LYRIC OPERA OF KANSAS CITY, ALONG WITH NUMEROUS OTHER COMMUNITY ARTS ORGANIZATIONS (CAO), HAVE CONTINUED TO BRING EXCELLENT PERFORMING ARTS EXPERIENCES TO THE KANSAS CITY AREA.THE 2022-2023 SEASON BROUGHT A FULL RETURN TO THE BUILDING'S OPERATIONS WHICH LED TO A DIVERSE AND IMPACTFUL SEASON. IN ADDITION TO THE RAO AND CAO PERFORMANCES, NEW AND FORMER AUDIENCES WERE BROUGHT TO THE VENUE THROUGH 'KAUFFMAN CENTER PRESENTS' WITH PERFORMING ARTS EXPERIENCES RANGING FROM WEIRD AL YANKOVIC AND WHEEL OF FORTUNE LIVE TO DIANE KRALL AND BOZ SKAGGS. (CONTINUED ON SCHEDULE O)- 538 ON-STAGE PERFORMANCES AND SPECIAL EVENTS IN FISCAL 2023- 277,289 PATRONS ATTENDED PERFORMANCES AND SPECIAL EVENTS IN FISCAL 2023.THE KAUFFMAN CENTER IS DEDICATED TO CREATING UNPRECEDENTED ACCESS TO ARTS EXPERIENCES FOR YOUNG PEOPLE AND UNDERSERVED AUDIENCES IN THE KANSAS CITY METROPOLITAN AREA. THE KAUFFMAN CENTER'S OPEN DOORS COMMUNITY ENGAGEMENT PROGRAMS CONTAIN MANY AVENUES THAT CONNECT LOCAL YOUTH AND FAMILIES TO HIGH QUALITY ARTS EXPERIENCES. THE KAUFFMAN CENTER PRESENTED THREE SCHOOL MATINEES IN SPRING OF 2023 WITH 3,012 STUDENTS AND EDUCATORS ATTENDING. EACH YEAR, THEY ALSO HOST STUDENT MATINEES THROUGH OUR PARTNER ORGANIZATIONS (KANSAS CITY BALLET, KANSAS CITY SYMPHONY, LYRIC OPERA OF KANSAS CITY, AND STORLING DANCE THEATER - THE CULTURE HOUSE). SINCE THE GRAND OPENING, MORE THAN 400,000 STUDENTS HAVE EXPERIENCED SCHOOL MATINEES ON OUR STAGE, NEARLY HALF OF WHICH WERE BROUGHT TO THE KAUFFMAN CENTER WITH FINANCIAL SUPPORT FROM OUR OPEN DOORS TRANSPORTATION FUND WHICH PROVIDES BUS ASSISTANCE. THE KAUFFMAN CENTER HELD ITS 10TH ANNUAL FUTURE STAGES FESTIVAL ON THE AFTERNOON OF SUNDAY, JUNE 11, 2023. OVER 650 YOUTH FROM NEARLY 32 YOUTH PERFORMANCE GROUPS, OF WHICH 47% WERE MADE UP PRIMARILY OF YOUNG MINORITY PERFORMING ARTISTS, PERFORMED ON STAGE FOR OVER 3,600 FAMILY, FRIENDS, AND SUPPORTERS IN ATTENDANCE. TWENTY-TWO COMMUNITY PARTNER ORGANIZATIONS PARTICIPATED. MORE THAN 25% OF SURVEY PARTICIPANTS INDICATED IT WAS THEIR FIRST TIME VISITING THE KAUFFMAN CENTER AND 98% OF SURVEY PARTICIPANTS INDICATED THEY WOULD RECOMMEND THIS EVENT TO A FRIEND. NEARLY 1,300 COMMUNITY TICKETS WERE EXTENDED TO SCHOOLS, SOCIAL SERVICE AGENCIES AND NONPROFIT ORGANIZATIONS IN OUR COMMUNITY TO YOUTH AND FAMILIES THAT MIGHT NOT OTHERWISE HAVE AN OPPORTUNITY TO EXPERIENCE WORLD-CLASS PERFORMING ARTS. THE CENTER OFFERED ADDITIONAL STUDENT PROGRAMS INCLUDING BUILDING TOURS AND FIELD TRIPS, INTERNSHIPS, AND SHADOWING, AS WELL AS YOUTH POETRY CONTEST WITH CATEGORIES FOR 10 & UNDER AND 11-18. THEY ALSO USE UNIQUE LOCAL COLLABORATIONS, SUCH AS YOGA AT THE KAUFFMAN CENTER PRESENTED BY SAINT LUKE'S HEALTH SYSTEM, TO BROADEN THE OFFERINGS AND ATTRACT DIVERSE PATRONS TO VISIT THE BUILDING. KAUFFMAN CENTER'S COMMITMENT TO SERVING EVERYONE IN THE COMMUNITY IS EVIDENT IN THE WIDE RANGE OF FREE OR LOW-COST PROGRAMMING, INCLUDING OFFERING LOW-COST SCHOOL MATINEES AND THE POPULAR NATIONAL GEOGRAPHIC SERIES - PART OF 'KAUFFMAN CENTER PRESENTS'. 21529380 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 68 0 1 67 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MO X X COLBY T JONES CFO 8169947225 1601 BROADWAY BLVD KANSAS CITY MO 64108 JULIA IRENE KAUFFMAN CHAIR 1.00 X X 0 0 0 DAVID C LADY VICE-CHAIR 1.00 X X 0 0 0 SHIRLEY HELZBERG TREASURER 1.00 X X 0 0 0 KEN DWORAK SECRETARY 1.00 X X 0 0 0 SHARON BLICKENSDERFER BOARD MEMBER 1.00 X 0 0 0 PEGGY DUNN BOARD MEMBER 1.00 X 0 0 0 RUSTY JANDL BOARD MEMBER 1.00 X 0 0 0 JAN KRAEMER BOARD MEMBER 1.00 X 0 0 0 LOU SMITH BOARD MEMBER 1.00 X 0 0 0 PAUL SCHOFER PRESIDENT/CEO 50.00 X 347467 0 32571 COLBY JONES CHIEF FINANCIAL OFFICER 50.00 X 136621 0 24853 WILLIAM MILLER VICE PRESIDENT OF OPERATIONS 50.00 X 160500 0 8025 PATRICK DONNELLY VICE PRESIDENT OF THEATER OPERATIONS 50.00 X 157901 0 8104 TRISHA DRAPE VICE PRESIDENT OF DEVELOPMENT 50.00 X 100997 0 22355 LISA VOSS DIRECTOR OF SALES - SPECIAL EVENTS 50.00 X 145972 0 23021 1049458 0 118929 6 0 1 0 HMXLIVE LLC 1111 VIRGINIA AVE KANSAS CITY MO 64106 EVENT PRODUCTION 427945 LAZ PARKING MIDWEST LLC 32445 COLLECTION CENTER DR CHICAGO IL 60693 PARKING 402585 AUDRIE SEALEY & COMPANY LLC 9300 HOLMES RD KANSAS CITY MO 64131 LANDSCAPE DESIGN AND INSTALLATION 225014 NATIONAL GEOGRAPHIC PARTNERS LLC 1145 17TH ST NW WASHINGTON DC 20036 EVENT PRODUCTION 124480 STAFFIT 207 WESTPORT RD STE 201 KANSAS CITY MO 64111 RECRUITING 124299 5 196597 4130904 4327501 TICKET SALES 711190 3526127 3526127 PERFORMANCE RENTALS 711190 2371788 2371788 SPONSORSHIP 711190 767450 767450 OTHER PRODUCTION REVENUE 711190 293833 81010 212823 6959198 4011049 4011049 1868226 524217 7212 1344009 -7212 1336797 1336797 1203057 406632 796425 609328 187097 COST SHARE AND REIMBURSEMENTS 900099 78760 12492 66268 78760 17509730 7368195 187097 5626937 105604 105604 595036 331364 181119 82553 2699647 1474437 861150 364060 127942 70840 40473 16629 382937 238136 80989 63812 222176 128196 62242 31738 12231 1223 11008 39490 3949 35541 328112 328112 774443 674661 40532 59250 505891 476229 29662 587113 134586 394461 58066 392519 235511 117756 39252 3047837 2965612 48014 34211 498056 289264 48887 159905 37038 613 36051 374 2413863 2401795 7241 4827 9928287 9878645 29785 19857 113487 68092 34046 11349 PROGRAMS & PRODUCTION 1049266 1018701 30565 ARTIST & PROJECT FEES 1031922 1031922 BOND FEES 145706 145706 25038603 21529380 2503113 1006110 3975262 1243706 798016 81802744 81001939 705370 911529 66488 67166 140477 348551 339767176 118981649 229926449 220785527 87282037 93513927 13692174 17436866 128342 0 417719343 416107227 1511739 1808642 1333551 1110035 100389625 100520773 0 392692 103234915 103832142 X 232149480 230928926 82334948 81346159 314484428 312275085 417719343 416107227 X -7528873 5227579 91951 X 0 1 X 1 0 X 5734442 6871558 4376361 11966514 4327501 33276376 5734442 6871558 4376361 11966514 4327501 33276376 6118699 27157677 2138454 3088490 2067547 2459995 4011049 13765535 8656 8656 47050567 26888900 0.57720 0.48500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78235429 618627 8145280 745138 319233 85934965 87135990 3485245 -11709435 676371 78235429 64382944 1120394 23333548 1362730 338166 87135990 66404260 1161881 -1605058 1417486 160653 64382944 65924602 194956 454043 1889 167452 66404260 1.00000 0.00000 0.00000 1 0 539801 539801 327525256 110803493 216721763 8387067 7016415 1370652 3315052 1161741 2153311 220785527 ACCRUED INTEREST ON TAX-EXEMPT BONDS 221816 LEASE LIABILITIES 170876 392692 X 22981713 5227579 73933 91951 5393463 17588250 328112 -406632 -78520 17509730 25191056 73933 406632 480565 24710491 328112 328112 25038603 PART V, LINE 4: THE KAUFFMAN CENTER'S BOARD OF DIRECTORS HAS INVESTED FUNDS TO ESTABLISH A QUASI-ENDOWMENT TO PROVIDE A STREAM OF INCOME TO SUPPORT OPERATIONS. INVESTMENT AND SPENDING POLICIES HAVE BEEN ADOPTED IN ORDER TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS WHILE SEEKING TO MAINTAIN THE PRINCIPAL OF THE ASSETS. THIS INCOME IS USED TO AUGMENT EARNED INCOME. PART X, LINE 2: THE CENTER HAS BEEN GRANTED EXEMPTION FROM INCOME TAXES BY THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CENTER IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. MANAGEMENT BELIEVES THAT THE UNRELATED BUSINESS INCOME GENERATED BY THE CENTER IS NOT MATERIAL TO THE FINANCIAL STATEMENTS. ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. MANAGEMENT BELIEVES THAT NO MATERIAL UNCERTAIN TAX POSITIONS EXIST FOR THE CENTER AS OF JUNE 30, 2023 OR 2022. THE CENTER IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES INCLUDED WITH EXPENSES IN AUDITED FINANCIALS -406,632. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES NET WITH REVENUE ON FORM 990 406,632. X X X X X 0 0 0 0 0 0 0 1 0 PAUL SCHOFER PRESIDENT/CEO 347467 0 0 0 0 0 15250 0 17321 0 380038 0 0 0 LISA VOSS DIRECTOR OF SALES - SPECIAL EVENTS 145972 0 0 0 0 0 7700 0 15321 0 168993 0 0 0 WILLIAM MILLER VICE PRESIDENT OF OPERATIONS 157500 0 3000 0 0 0 8025 0 0 0 168525 0 0 0 PATRICK DONNELLY VICE PRESIDENT OF THEATER OPERATIONS 157901 0 0 0 0 0 7905 0 199 0 166005 0 0 0 COLBY JONES CHIEF FINANCIAL OFFICER 136621 0 0 0 0 0 7448 0 17405 0 161474 0 0 0 PART I, LINE 7 DISCRETIONARY EMPLOYEE BONUSES ARE DETERMINED BY THE CEO AND APPROVED BY THE BOARD OF DIRECTORS. A MISSOURI DEVELOPMENT FINANCE BOARD 431387649 606037AW9 2007-06-27 159998870 SEE PART VI 1 0 0 B MISSOURI DEVELOPMENT FINANCE BOARD 431387649 000000000 2015-03-26 77000000 SEE PART VI 0 0 0 A 134435000 167694314 38715 1091826 2484075 164079699 2012 0 0 1 1 B 78129899 678210 77451689 2012 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 1 0 1 HYPO PUBLIC FIN BANK 1.600000000000 1 1 B 0 0 0 1 1 0 0 1 1 A 1 B 1 PART I, LINE A, COLUMN (F): CONSTRUCTION OF A NEW PERFORMING ARTS CENTER. PART I, LINE B, COLUMN(F): REFUND THE SERIES 2007B BONDS ORIGINALLY ISSUED ON JUNE 27, 2007. PART I, LINE A, COLUMN (G): THE ESCROW HAS MATURED. PART II, COLUMN A, LINE 3: AMOUNT DOES NOT EQUAL ISSUE PRICE DUE TO INVESTMENT EARNINGS EARNED ON BOND PROCEEDS DURING THE PROJECT PERIOD. PART II, COLUMN B, LINE 3: AMOUNT DOES NOT EQUAL ISSUE PRICE DUE TO INVESTMENT EARNINGS EARNED ON BOND PROCEEDS IN THE ESCROW FUND THROUGH JUNE 30, 2017. PART II, COLUMN B, LINE 11: THE AMOUNT OF $77,426,875 OF BOND PROCEEDS WAS DEPOSITED INTO THE ESCROW FUND AND USED TO REFUND THE SERIES 2007B BONDS. IN ADDITION, $24,814 OF REMAINING BOND PROCEEDS WAS USED TO PAY INTEREST ON THE BONDS. PART IV, COLUMN B, LINE 2C: ARBITRAGE ANALYSIS DATED MARCH 1, 2020. PART IV, COLUMN A, LINE 5A AND LINE 5B: THE PROJECT FUND WAS INVESTED IN A MASTER REPURCHASE AGREEMENT WITH HYPO PUBLIC FINANCE BANK, WHICH AGREEMENT MATURED ON FEBRUARY 2, 2009. PART IV, COLUMN B, LINE 6: GROSS PROCEEDS WERE HELD IN A YIELD-RESTRICTED ADVANCE REFUNDING ESCROW AND INVESTED BELOW THE BOND YIELD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND PROVIDED TO THE MEMBERS OF THE FINANCE COMMITTEE VIA EMAIL FOR REVIEW AND COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY MANAGEMENT. ANY CHANGES MUST BE APPROVED BY THE BOARD OF DIRECTORS. THE FINAL VERSION OF THE POLICY IS GIVEN TO EACH EMPLOYEE AND ALL MEMBERS OF THE GOVERNING BOARD, ALL OF WHOM ARE REQUIRED TO SIGN A COMPLIANCE FORM ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE TO REVIEW COMPENSATION AND BENEFITS FOR ALL EMPLOYEES, INCLUDING THE CEO AND CFO. THE COMMITTEE UTILIZES BENCHMARKING THROUGH COMPENSATION SURVEYS, STUDIES, AND PEER AND REGIONAL ORGANIZATION INFORMATION TO DETERMINE FAIR AND REASONABLE COMPENSATION AND BENEFITS. ANNUAL REVIEWS ARE CONDUCTED BY SUPERVISORS FOR ALL STAFF. COMPENSATION IS APPROVED BY MANAGEMENT, WITH DIRECTION FROM THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS REVIEWS AND SETS MERIT INCREASES FOR THE FISCAL PERIOD DURING THE BUDGET APPROVAL PROCESS. COMPENSATION FOR THE CEO AND ANY BONUSES ARE APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. GOVERNING DOCUMENTS ARE AVAILABLE ON THE MISSOURI SECRETARY OF STATE WEBSITE. FORM 990, PART XI, LINE 9: RECOVERY OF UNCOLLECTIBLE PLEDGES 91,951.