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HomeMy WebLinkAboutResolution_BPW_01-19-22-05_Arts Grant_186900.00_Booth Tarkington Civic TheatreRESOLUTION NO. BPW 01-19-22-05 RESOLUTION OF THE CITY OF CARMEL BOARD OF PUBLIC WORKS AND SAFETY ACKNOWLEDGING ARTS GRANT PROGRAM AGREEMENT WHEREAS, pursuant to Indiana Code 36-1-4-7, the City of Carmel, Indiana (“City”), is authorized to enter into contracts; and WHEREAS, pursuant to Indiana Code 36-4-5-3, the City’smayor may enter into contracts on behalf ofthe City; and WHEREAS, pursuant to his authority under Indiana law, the City’smayor, the Honorable James C. Brainard, has caused to be signed the Arts Grant attached hereto as Exhibit A (the “Contract”); and WHEREAS, Mayor Brainard now wishes to present the contract to the City’sBoard of Public Works and Safety for it to be publicly acknowledged, filed in the Clerk’sOffice, and made available to the public for review. NOW, THEREFORE, BE IT RESOLVED by the City of Carmel Board of Public Works and Safety as follows: 1. The foregoing Recitals are incorporated herein by this reference. 2. The receipt ofthe Contract is hereby acknowledged. 3. The Contract shall be promptly filed in the office of the Clerk and thereafter made available to the public for review. SO RESOLVED this day of , 2022. CITY OF CARMEL, INDIANA By and through its Board of Public Works and Safety BY: James Brainard, Presiding Officer Date: Mary Ann Burke, Member Date: Lori S. Watson, Member Date: ATTEST: Sue Wolfgang, Clerk Date: S:\\EBass\\MyDocuments\\BPW-Resolutions\\2022\\Acknowledge ArtsGrantBoothTarkington Civic Theatre.docx1/7/202212:57PM DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF January19th 1/19/2022 1/19/2022 1/19/2022 1/19/2022 ARTS GRANT PROGRAM AGREEMENT This Grant Agreement (herein referred to as "Agreement") entered into by and between the City of Carmel (the "City") and Booth Tarkington Civic Theatre (the Grantee"), is executed pursuant to the terms and conditions set forth herein. In consideration of those mutual undertakings and covenants, the parties agree as follows: That on behalf of Grantee, a not -for -profit corporation, I, Michael J. Lasley , an authorized representative of Grantee, have applied for a City of Carmel Grantor") Arts Grant, said application attached hereto and made a part hereof as Exhibit "A." 2. Grant Agreement. The City, after review and recommendation by the Mayor, agrees to grant $ 186, 900.00 to the Grantee for the eligible costs of the project (the "Project") or services as described in Exhibits "A" and "B" of this Agreement. The funds shall be used exclusively in accordance with the provisions contained in this Agreement. Generally, the Grant award may not exceed one third 1/3) of Grantee's combined contributed income, revenue of sales, and/or ticket revenue from the previous year. The City of Carmel may, however, make exceptions for start-up organizations that have been in existence for three (3) years or less. 3. Design and Implementation of Project. The Grantee agrees to use any and all grant funds in accordance with the proposal contained within this agreement and any documents attached to this Agreement, which are incorporated by reference. 4. Warranty of non-profit status. Grantee hereby represents and warrants that it is a not -for -profit entity with a determination letter from the Internal Revenue Service declaring that it is exempt from Federal income tax. DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 5. Payment of Grant Funds by the City. The payment of this Grant by the City to the Grantee shall be made in accordance with the following conditions: A. This Agreement must be fully executed and signed by both Grantee and Grantor. B. Grantee has attached all the following information, which it represents and warrants to be true and accurate, all which have been incorporated fully by reference: 1. An application and description of the proposed use of the grant funds (EXHIBIT A); 2. A budget for the calendar or fiscal year for which the grant is requested EXHIBIT B); 3. Certified copies of incorporation as a not -for -profit corporation under state law EXHIBIT C); 4. A not -for -profit application or determination letter from the U.S. Internal Revenue Service identifying that it is a not -for -profit corporation that is exempt from Federal income tax (EXHIBIT D); 5. Any audits, reviews or compilations available describing the financial condition of the Grantee, unaudited Balance Sheet and Income Statement, most recent available IRS Form 990, and the attached Affidavit (EXHIBIT E); 6. A list of the Grantee's board of directors and officers listed (EXHIBIT F); 7. A Year End Report from the previous year if Grantee received an Arts Grant from the City of Carmel in the previous calendar year, pursuant to paragraph 8 herein EXHIBIT G). C. Any other grant conditions that City requires to be met by Grantee, specifically: 6. Grantor's right to request audit or review. Grantee shall submit to an audit or review by an independent Certified Public Accountant of funds at the City's request, and shall make all books, accounting records and other documents available at all reasonable times during the term of this Grant Agreement, and for a period of three 3) years after final payment of funds under this Agreement, for the purpose of an audit by the City of Carmel, the State of Indiana, or their designees. Said review or audit, if requested, shall be performed by a Certified Public Accountant ("CPA") who 2 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF is neither an employee of Grantee nor a member of the Grantee's Board of Directors, to be provided to the City of Carmel by March 31 of the following year. 7. Quarterly financial statements. Grantee agrees to provide the City of Carmel quarterly financial statements within 45 days after each quarter -end for Grant awards in excess of sixty thousand dollars ($60,000). 8. Year-end review. Grantee agrees to provide the City of Carmel a year-end report Year End Report") for each year, describing how the grant was used and the impact of the dollars received. 9. Funding Credit. Grantee agrees to credit the City of Carmel in the printed materials associated with a funded program or project. The City of Carmel will supply, upon request, Grantee with the graphics/logos necessary for compliance. 10. Statutory Authority of Grantee. The Grantee expressly represents and warrants to the City that it is statutorily eligible to receive these monies and it expressly agrees to repay all monies paid to it under this Grant, should a legal determination of its ineligibility be made by any Court of competent jurisdiction. 11. Use of Grant Funds by Grantee. The funds received by the Grantee pursuant to this Agreement shall be used only to implement the Project or provide the services in conformance with the Budget and for no other purpose. If it is determined by the City that misappropriation of funds have occurred, the Grantee must return all funds received by Grantor and individuals who misuse Grant funds may also be subject to civil and/or criminal liability under Indiana and Federal law. 12. Employment Eligibility Verification. The Grantee affirms under the penalties of perjury that he/she/it does not knowingly employ an unauthorized alien. The Grantee affirms under the penalties of perjury that he/she/it has enrolled and is participating in the E-Verify program as defined in IC 22-5-1.7. The Grantee agrees to provide documentation to the City that he/she/it has enrolled and is participating in the E-Verify program. The City may terminate for default if the Grantee fails to cure a breach of this provision no later than thirty (30) days after being notified by the State. 13. Governing Law; Lawsuits. This Agreement is to be construed in accordance with and governed by the laws of the State of Indiana, except for its conflict of laws provisions. The parties agree that, in the event a lawsuit is filed hereunder, they waive their right to a jury trial, agree to file any such lawsuit in an appropriate court in Hamilton County, Indiana only, and agree that such court is the appropriate venue for and has jurisdiction over same. 3 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 14. Relationship of Parties. The relationship of the parties hereto shall be as provided for in this Agreement, and neither Grantee nor any of its compensated officers, employees, contractors, subcontractors and/or agents are employees of City. The Grant amount set forth herein shall be the full and maximum compensation and monies required of City to be paid to Grantee under or pursuant to his Agreement. 15. Severability. If any term of this Agreement is invalid or unenforceable under any statute, regulation, ordinance, executive order or other rule of law, such term shall be deemed reformed or deleted, but only to the extent necessary to comply with same, and the remaining provision of this Agreement shall remain in full force and effect. 16. Entire Agreement. This Agreement, together with any exhibits attached hereto or referenced herein, constitutes the entire agreement between Grantee and City with respect to the subject matter hereof, and supersedes all prior oral or written representations and agreements regarding same. Notwithstanding any other term or condition set forth herein, but subject to paragraph 15 hereof, to the extent any term or condition contained in any exhibit attached to this Agreement or in any document referenced herein conflicts with any term or condition contained in this Agreement, the term or condition contained in this Agreement shall govern and prevail. This Agreement may only be modified by written amendment executed by both parties hereto, or their successors in interest. IN WITNESS WHEROF, the parties hereto have made and executed this Agreement as follows: Booth Tarkington Civic Theatre ("Grantee") Prruut d`&ame of Officer: Michael J. Lesley Title: Executive Artistic Director Date: Z0z CITY OF CARMEL ("Grantor") James Brainard, Mayor Date: 12/29/2'021 ATTEST: cu_tt K (h1a_. Date: 12/29/2021 If you have any question concerning the Cit% of Carmel"s 2022 Arts Grant Program, grant writing, guidelines or application materials, contact: Sharon Kibbe, City of Carmel, One Civic Square, Carmel. IN 46032, Phone: 317-571-2483, skihhe a cannel. in.eos. 4 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Exhibit "A" An Application and Description of the Proposed Use of the Grant Funds APPLICANT: Name of organization: Booth Tarkington Civic Theatre Address: 3 Carter Green Carmel, IN 46032 Telephone: 317.924.6770 Fax: Contact Person: Julia Bonnett Email: Julia@civictheatre.org APPLICATION AMOUNT: $ 225, 000 DESCRIPTION OF THE PROPOSED USE OF THE GRANT FUNDS: Please see the attached narrative. Additional pages may be added to Exhibit "A") Printed'Name of Officer: Michael J. Lasley Title: Executive Artistic Director DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF BOOTH TARKINGTON CIVIC THEATRE 2022 CITY OF CARMEL GRANT APPLICATION ORGANIZATION DESCRIPTION Booth Tarkington Civic Theatre has been a vital part of the Central Indiana community for over 100 years by providing live entertainment, creative opportunities, and theatre education to residents of all ages and backgrounds. Civic's programs offer community members opportunities to directly engage on stage, behind the scenes, and in the audience with the support of experienced theatre professionals. By bringing together the best of local and regional theatre professionals with highly talented volunteer talent, Civic is able to direct its resources into framing each avocational performer with the most up-to-date theatre techniques, technology, and facilities, effectively minimizing overhead costs while maximizing the participant's experience. These strategies result in productions of artistic excellence that rival the work presented by fully professional companies. Each season, Civic serves over 30,000 audience members through live theatrical performances. Education has been integral to operations since Civic's inception. Civic provides a broad range of performing arts workshops and classes for students with formal written evaluations, advanced levels of study, ties to Common Core State Standards as well as Indiana State Academic Standards, and established professionals as instructors. To provide equal access for all students, Jr. Civic embraces the needs of at -risk students and implements numerous outreach programs to provide curriculum for these deserving yet underserved students. Education and outreach programs reach over 20,000 annually. PRODUCTION The current plan for the 2022-23 season includes eight productions in the Tarkington and two productions in the Studio Theater, which will provide opportunities for over 50,000 audience members to attend live theatre. Titles for the season are still being considered, and final decisions will be finalized in February 2022. The production schedule will follow Civic's typical season, outlined in the table below. PRODUCTION DATES SHOWS SEATS 1 Young Artists Program Musical June 2022 4 2,052 2 Mainstage Fall Musical October 2022 10 5,130 3 Children's Holiday Show December 2022 11 5,643 4 Mainstage Holiday Musical December 2022 18 9,234 5 Mainstage Winter Play January 2023 18 9,234 6 Spring Children's Production February 2023 11 5,643 7 Studio Spring Play March 2023 12 2,640 8 Mainstage Spring Musical April/ May 2023 11 5,643 9 Jr. Civic Musical June 2023 9 4,617 10 Young Artists Program REVUE! June 2023 2 440 TOTALS 106 50,276 EDUCATION & OUTREACH In addition to its mainstage programming, Civic provides exceptional theatre education to over 20,000 community members through classes, workshops, outreach initiatives, and educational productions. Civic's educational DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF workshops are unique to Central Indiana in that they are based on skill development rather than product development. In other words, Jr. Civic students develop essential life skills of communication, teamwork, and creativity, as they improve and perfect their performance skills. Civic's philosophy is to create a superior performer through proper technique and intensive study. This approach promotes meaningful and lasting change in the life of each student, whether they pursue a career in the performing arts or not. Civic serves Carmel's young residents by producing student matinees of mainstage and children's productions to appeal to audience members of all ages. Titles for children's productions are selected based on their appeal to students in grades K-12 and their relationship to current curriculum choices and academic standards. Civic's education department creates educator resources with ideas for classroom activities and discussion topics relating to the show's content, all tied to academic standards. DIVERSITY, EQUITY, AND INCLUSION Civic staff is dedicated to solidifying its commitment to diversity, inclusion, and equity in all facets of operations — on stage, in the classroom, in the audience, and behind the scenes. Civic's intent is to do more than address quotas or individual circumstances of racism. Civic acknowledges that racism and inequities exist and that the solution is systemic change through honest acknowledgement and discussion. By addressing these principles directly and openly, Civic hopes to foster a safe, inclusive environment in the arts community of Hamilton County, starting at home. As a part of this initiative, Civic has enlisted the assistance of a recurring volunteer performer to serve as the Diversity Consultant for the theatre. This individual has been integral in expanding Civic's talent base and audience to include more people of color, especially people in the black community. As the Diversity Consultant, this individual will continue to foster these efforts by serving on the season planning committee as well as advising staff in matters of inclusion. This position has already impacted Civic's operations by updating the season selection process with built-in diversity, equity, and inclusion considerations. The Season Planning Committee has developed an inclusion scoring process, by which a score is assigned to potential titles based on opportunities for marginalized groups of people. Each score is defined as follows: 1 - Little to no opportunity for inclusion (ex. 2 - Potential for colorblind casting for roles typically assigned to white actors (ex. CINDERELLA or ELF) 3 - The script calls specifically for marginalized people to play certain roles (ex. HAIRSPRAY or RENT) 4 - The characters are predominantly from marginalized groups of people (ex. MISS SIAGON or A SOLDIER'S PLAY) 5 - All characters are from marginalized groups of people (ex. FENCES or IN THE HEIGHTS) While the demographics of Civic's current audience does not warrant the production of a level five show every season, it is committed to cultivating seasons that average out to a two or three each year. Through this initiative, Civic will be able to tell important stories that connect audiences and actors of all backgrounds through the common ground of the human experience. DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 2022 PROPOSED USE OF GRANT FUNDS In 2022, Booth Tarkington Civic Theatre will use support from the City of Carmel to generate significant economic activity in the City of Cannel and improve the quality of life for community members through theatre access, education programs, and outreach initiatives. Grant funds will go directly toward production costs (contracted personnel, scenery, costumes, lighting, props, sound, etc,) during the 2022 calendar year to generate over 1,800,000 in economic impact for the City of Carmel, as outlined in the tables below. 2022 PROPOSED USE OF GRANT FUNDS TITLE DATES EST.EXPENSES OF BUDGET GRANT ALLOCATION 1 THE 39 STEPS 214122. 2/19122 25,000.00 6% 12,784 2 THE CAT IN THE HAT 2/22/22 - 3/3/22 22,000.00 5% 11,250 3 WAIT UNTIL DARK 3/11122 - 3/26/22 23,000.00 5% 11,761 4 MATILDA THE MUSICAL 4/29/22 - 5/14/22 82,000.00 19% 41,932 5 THE LITTLE MERMAID, JR. 6/24122.6/29/22 25,000.00 6% 12,784 6 REVUE! 6/28/2022 5,000.00 1% 2,557 7 42ND STREET (YAP) 7/28122. 7/31/22 33,000.00 8% 16,875 8 Fall Musical October 2022 75,000.00 17% 38,352 9 Children's Holiday Production December 2022 35,000.00 8% 17,898 10 Mainstage Holiday Production December 2022 115,000.00 26% 58,807 TOTAL DIRECT EXPENSES 440,000.00 100% 225,000.00 TOTAL PRODUCTION EXPENSES" 979,000.00 Includes production estimated expenses by show, CPA fees, and overhead production costs of $354,569 salaries, benefits, scene shop, etc.) 2022 ESTIMATED RETURN ON INVESTMENT TITLE GRANT FUNDS EST. PATRONS ECONOMIC IMPACT' CARMEL ROI" 1 THE 39 STEPS 12,784 2,500 151,675.00 138,890.91 2 THE CAT IN THE HAT 11,250 4,000 242,680.00 231,430.00 3 WAIT UNTIL DARK 11,761 2,000 121,340.00 109,578.64 4 MATILDA THE MUSICAL 41,932 4,500 273,015.00 231,083.18 5 THE LITTLE MERMAID, JR. 12,784 3,000 182,010.00 169,225.91 6 REVUE! 2,557 200 12,134.00 9,577.18 7 42ND STREET (YAP) 16,875 1,800 109,206.00 92,331.00 8 Fall Musical 38,352 3,000 182,010.00 143,657.73 9 Children's Holiday Production 17,898 3,000 182,010.00 164,112.27 10 Mainstage Holiday Production 58,807 6,000 364,020.00 305,213.18 TOTAL 225,000 30,000 1,820,100 1,595,100 The Arts Council of Indianapolis' 2017 Economic Impact study states that each arts patron spends approximately 30.67 beyond the cost of a ticket. The Total Economic Impact is calculated by adding this to the average ticket price per show and multiplying by the number of patrons who attended. DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Booth Ta FY22 FY23 Board Approved Budget Projected Budget (Nov 2021) REVENUE Mainstage 961,350 948,000 Subscriptions 154,886 125,000 Single & Group Ticket Sales 692,199 700,000 Jr. Civic Ticket Sales 27,783 35,000 Service Fees 73,982 75,000 Production Rental Income 10,000 10,000 Concessions 2,500 3,000 Education 257,280 187,000 Classes and Workshops 166,830 170,000 Young Artists Workshops 15,450 17,000 Jr. Civic Travel Fees 75,000 0 Total Earned Revenue 1,218,630 1,135,000 Support Foundations 121,000 120,000 City of Carmel 225,000 225,000 Other Government Funds 17,000 22,000 Individual 100,000 100,000 Board Gifts 150,000 150,000 Corporate Sponsorships 89,500 90,000 Events 80,000 80,000 Total Contributed Revenue 782,500 787,000 In -Kind Revenue 160,400 145,000 TOTAL REVENUE 2,161,530 2,067,000 EXPENSES Salaries and Benefits 726,162 730,000 Production 514,459 515,000 Center for Performing Arts Fees 238,868 240,000 Marketing & Advertising 135,035 135,000 Administrative 155,598 160,000 Facilities 34,740 34,740 Civic Classes 119,500 45,000 Development & Fundraising 55,000 55,000 In -Kind Expenses 160,400 145,000 Depreciation Expenses 6,000 6,000 TOTAL EXPENSES 2,145,763 2,065,740 Initially, Jr Civic budgeted for an educational trip for students to New York City in FY21 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF State of Indiana EXHIBIT Office of the Secretary of State s Ce CERTIFICATE OF AMENDMENT of THE BOOTH TARIMGTON CIVIC THEATRE OF INDTANAPOLISi INC I, CHARLES P. WHITE, Secretary of State ofIndiana, hereby certify that Articles of Amendment of the above Non -Profit Domestic Corporation have been presented to me at my office, accompanied by the fees prescribed by law and that the documentation presented conforms to law as prescribed by the provisions ofthe Indiana Nonprofit Corporation Act of 1991. The name following said transaction will be: THE BOOTH TARK NGTON CIVIC THEATRE INC. Indiana Secretary of State Packet:194160-089 Filing Date: 07/0712011 Effective Date: 07/07/ 2011 NOW, THEREFORE, with this document I certify that said transaction will become effective Thursday, July 07, 2011. In Witness Whereof; I have caused to be affixed my signature and the seal of the State of Indiana, at the City of Indianapolis, July 7, 2011, CHARLESP. WHITE, SECRETARY OF STATE 194150- 089/2011070713077 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF IRSIRS[ c Ueparnnant Lif the TTadsuryInteswaiItevenueServiti 9310 OGDEN UT 84201-0038 EXHIBIT 8 9 In reply refer to: 0437981551 Feb. 09, 2012 LTR 4168C 0 35-0230360 D00D00 00 00032627 BODC: TE BOOTH TARKINGTON CIVIC THEATRE OF INDIANAPOLIS INC ROBERT SORBERA RECEIVED FEB 13 202 3 CENTER GREEN SUITE 200 CARMEL IN 46032 Employer Identification Number: 35-0230360 Person to Contact: EO ACCOUNTS Toll Free Telephone Number: 1-877-829-5500 Dear Taxpayer: This is in response to your Jan. 31, 2012, request for information regarding your tax-exempt status. Our records indicate that you were recognized as exempt under section 501(c)(3) of the Internal Revenue Code in a determination letter issued in May 1953. Our records also indicate that you are not a private foundation within the meaning of section 509(a) of the Code because you are described in section(s) 509(a)(1) and 170(b)(1)(A)(vi). Donors may deduct contributions to you as provided in section 170 of the Code. Bequests, legacies, devises, transfers, or gifts to you or for your use are deductible for Federal estate and gift tax purposes if they meet the applicable provisions of sections 2055, 2106, and 2522 of the Code. Please refer to our website www.irs.gov/eo for information regarding filing requirements. Specifically, section 6033(i) of the Code provides that failure to file an annual information return for three consecutive years results in revocation of tax-exempt status as of the filing due date of the third return for organizations required to file. we will publish a list of organizations whose tax-exempt status was revoked under section 6033(7) of the Code on our website beginning in early 2011. DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF STATE OF INDIANA SS: COUNTY OF HAMILTON AFFIDAVIT I Michael J. Lasley of Booth Tarkington Civic Theatre an authorized representative being first duly sworn upon my oath, state that pursuant to paragraph 2 of the City of Carmel Arts Grant Program Agreement, all income of Grantee, including a City of Carmel arts grant, if applicable, revenue of sales, and/or ticket revenue, etc., in the previous year totaled $ 1,148,782 L re Printed Name Michael J. Lasley Subscribed and sworn to before me, the undersigned Notary Public, this Z 9 day of Al0 vu) b er 2021. SEAL] Caleb R. Spangler Notary Public - Seal "t State of Indiana 1 Tipton County My Commission Expires 05/19/2029 Commission No. NP0733799 Signature - Notary Public c Printed Name 4 v P-4nrq t o may— j c Resident of / L `p (j&) /County, Indiana My Commission Expires: 0 /! YZ0 ?z qj DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Booth Tarkington Civic Theatre Consolidated Statement of Financial Position L-== Prelfminary 31-Oct 2021 ASSETS Current Assets Cash and cash equivalents 338,225 Pledges receivable Current 381.686 Security deposits 1.000 Due From Other Funds 0 Prepaid expenses and other current assets 74,703 Total current assets 795,614 Fixed Assets Furnishings & equip 230,507 Less accumulated depreciation (156,450) Net fixed assets 74,057 Pledges receivable LT Pledges receivable Discount LT TOTAL ASSETS $ 869,671 LIABILITIES AND NET ASSETS Liabilities Current Liabilities Accounts payable 14,344 Due to Other Funds 0) Accrued expenses 16.542 Deferred revenue 99,189 Other Current Liabilities Total current liabilities 130,075 Loan Payable 268,842 TOTAL LIABILITIES 398,917 Net assets 470,755 TOTAL LIABILITIES AND NET ASSETS 869,672 For management use only — no assurance is provided on these financial statements. - 11/17/21 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Booth Tarkington Civic Theatre Consolidated Statement of Revenue, Expenses, and Net Assets through Oct 31,2021 Preliminary YEAR TO DATE FF22 INCOME Actual Budget Variance Total Budget Production Revenue $ 259,957 $ 315,777 $ (55,820) S 1,241,148 Support and Other Income 798,224 134,000 664,224 61-8,000 TOTAL INCOME 1,058,181 44 , 6 8,40 EXPENSES Production Expenses 144,388 329,685 85,297) 1,089,158 Operating Expenses 244,118 303,399 59,281) 888,446 Other Expenses (Depr) 7,948 2,833 5,115 8,500 TOTAL EXPENSES 5 6,1 46 -, 1 139, ) In -Kind Revenue In -Kind Expenses Change in Net Assets 727 7 7,8 66,956 NET ASSETS AT BEGINNING OF YEAR 90,972) 90,972) 90,972) NET ASSETS AT END OF PERIOD 470,755 $ 277,112) 157.928) For management use only —no assurance is provided on these financial statements. - 11/17/21 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF EXTENDED TO MAY 17, 2021 Return of Organization Exempt From Income Tax Form 990 Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundal Rev. January 2020) 110 Do not enter social security numbers on this form as it may be made public, A For the 2019 calendar year, or tax year beginning JUL 1 , 2 019 and ending JUN 30 , 2020 B check if C Name of organization D Employer identification number applicable: Ochanges THE BOOTH TARKINGTON CIVIC THEATRE, INC. ontnge 35-0230360Doingbusinessas Dreturn Number and street (or P.O. box if mail is not delivered to street address) Room/suite E Telephone number D ina'n, 3 CARTER GREEN 300 317-924-6770 a+ a'"- City or town, state or province, country, and ZIP or foreign postal code G Grow receipts $ 1, 5 4 9 , 4 9 3 . OAmentletlreturn CARMEL, IN 46032 H(a) Is this a group return DoPkca- F Name and address of principal officer:MICHAEL LASLEYPp v 0 Noforsubordinates. Yes pe°,tlmy SAME AS C ABOVE H(b) Are all subordinates included? = Yes No 1 If "No," attach a list. (see instructions) Tax-exempt status: LXJ 501(c)(3) LJ 501(c) ( )A (insert no.) 4947(a)(1) or 527 K Form of organization: I Corporation ___Trust U Association U Other No- I L Year of formation: 19—State of local domicile: IN y 1 Briefly describe the organization's mission or most significant activities: TO FOSTER A LOVE OF THEATRE THROUGH IMAGINATION, EDUCATION, AND PARTICIPATION. 2 Check this box IlI LJ if the organization discontinued its operations or disposed of more than 25% of its net assets. 3 Number of voting members of the governing body (Part Vl, line 1a) 3 32 4 Number of independent voting members of the governing body (Part VI, line 1 b) ..., 4 31 y 5 Total number of individuals employed in calendar year 2019 (Part V, line 2a) 6 Total number of volunteers (estimate if necessary)___ 400 G7 a Total unrelated business revenue from PartVIII, column (C), line 12 71a 0. bNetunrelatedbusinesstaxableincomefromForm990-T, line 39.................................................................. Prior Year Current Year d 8 Contributions and grants (Part VIII, line 1 h) 721,312. 6 7 3 , 9 2 7 . m 9 Program service revenue (Part VIII, line 2g) ,.,.,.,. _. ..... 859,946. 813 , 6 0 6 . e10 Investment income (Part VIII, column (A), lines 3,4, and 7d).... ... ,_,........ ,.,. 20,5 479. 28, 654. 31, 086. 11Otherrevenue (Part VIII, column (A), lines 5, 6d, 8c, 90, 1 Oc, and 11 e) 12 Total revenue -add lines 8 through 11 must equal Part VIII, column (A), line 12 1,589,367 1 , 519 , 9 8. 13 Grants and similar amounts paid (Part IX, column (A), lines 13) ................................. 0. 0 . 0 . 0 . 14Benefitspaidtoorformembers (Part IX, column (A), line 4) m 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) 601,043 . 651,361. 0 . 0. m16aProfessionalfundraisingfees (Part IX, column (A), line 11 e). K b Total fundraising expenses (Part IX, column (D), line 25) j 7,613. m 17 Other expenses (Part IX, column (A), lines 11 a-11d,11f-24e) 997,277. 867,478. 18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25) .................... 1,598,320 . 1,518,839. 8 , 9 5 3 . 259. 19Revenuelessexpenses. Subtract line 18 from line 12 ..... .................. Beginning of Current Year End of Year 231, 154. 614 , 899 . yA20Totalassets (PartX, line 16) ,. as d_ 21 Total liabilities (Part X, line 26) ........ 2 7 0 , 3 0 9 . 615, 955. 3 9 , 15 5 . 1 , 0 5 6 . 2,F 22 Net assets or fund balances. Subtract line 21 from line 20 ......................... _. _............ Lr a,a n I.ryrmwra omen Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preoarer (other than officer) is based on all information of which nrenarer has anv knnwledne_ Sign Here ignature Or Officer MICHAEL LASLEY, EXECUTIVE ARTISTIC uate DIRECTOR ype or print name and title Paid Print/ Type preparer's name ELIZABETH M. BELCHER, CPA,1ELIZABETH Preparer' s signature M. BELCHE a e 02/ 10/21 cheek sea - employed 01227829 Preparer Firm'sname l.SPONSEL CPA GROUP, LLC Firm'SEIN 27-0851983 Use Only Firm'saddressill. 251 N. ILLINOIS ST. STE 450 INDIANAPOLIS, IN 46204 Phoneno.(317) 608-6699 May the IRS discuss this return with the preparer shown above? (see instructions) -XI Yes 11 No 932001 01-20-20 LHA For Paperwork Reduction Act Notice, see the separate instructions. Form 990 (2019) DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF BOOTH TARKINGTON CIVIC THEATRE EXHIBIT 202 1 /22 BOARD OF TRUSTEES r 9 I Executive Officers Todd C. Lady, Chair Taff Stettinius & Hollister LLP Stephanie C. Kim, Immediate Past Chair Telamon Joshua K. Malarsky, Chair -Elect Katz, Sapper & Miller Laurie Tanselle, Treasurer CFP and Community Volunteer Ellen R. Rogers, Secretary Independent Community Relations Contractor i Trustees Jay H. Black Voice Over Actor Kristen D. Boice Pathways to Healing Counseling, LLC Mary C. Bowman Freelance Musician & Educator Melissa Cohen Congregation Beth-EI Zedeck Patrick A. Drewry Drewry Simmons Vornehm Adrianne Epstein Carmel Travel Company Lynda Goeke The Goeke Group Bruce E. Heslin St. Vincent Medical Group Sydnie Johnson Engaging Solutions, LLC Jeanine Kerridge Barnes & Thornburg, LLP Scott S. Luc Merrill Lynch Wealth Management Sarah Luedtke Investment Management Group Brett D. McKamey Goelzer Investments Mo Merhoff OneZone (Retired) John O'Brien Fifth Third Insurance Jill O'Malia Great Deals Savings Magazine Michelle Pheffer Light Bound Ilissa E. Rassner Eli Lilly and Company Kristen Robertson The Worth Collection, LTD Munjot Sahu Eli Lilly & Company Brian Smiler Roche Diagnostics Operations, Inc. Ann M.Soards Community Volunteer J. Keith Stucker JKS Investment Group Joanna Tuohy The National Bank of Indianapolis Justin M. Verbeten BKD, LLP Tiffany Whisner Coles Marketing Honorary Trustees Donald E. Knebel, Chair Emeritus Barnes & Thornburg, LLP Katherine B. Appel Community Volunteer Thomas W. Beeler Community Volunteer Jason R. Boyewsky The National Bank of Indianapolis, Retired D. Peter Dunbar KeyBank Jeffrey E. Good Milestone Financial Advisors Connie R. Horwitz Indianapolis Power & Light Co., Retired Charlie Morgan EMMIS Communications Katharine Mothershead-Kruse Mothershead Foundation Hilary Stout Salatich Community Volunteer Carolyn M. Schaefer Gray CMS Investments Charles P. Sutphin Netherleigh Enterprises, LLC Lynn C. Tyler Barnes & Thornburg, LLP Lynn C. Wilson Crosby Wilson Consulting DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF EXHIBIT BOOTH TARKINGTON CIVIC THEATRE a 2021 CITY OF CARMEL GRANT REPORT November 30, 2021 REOPENING THE TARKINGTON After ten months of learning how to produce virtual content, Civic Theatre presented its first completely virtual, full play, PRIDE & PREJUDICE in February 2021. Using three cameras and live switching, this live event rivaled that of professional television specials. Civic presented eight live -streamed performances and an on -demand version of PRIDE & PREJUDICE, reaching 1,000 at-home audience members. Although this production was a fantastic technical success, the resources required for production were not equal to the return and was therefore not sustainable. For the next two productions, LIGHT ON THE HORIZON and A FEW GOOD MEN, Civic Theatre was able to return to in -person audiences at 29% capacity to accommodate social distancing requirements. Both of these productions offered two live -streamed events and on -demand options. Over the summer, educational productions gradually increased capacity. Jr. Civic's production of FROZEN, JR. was able to host in -person audiences at 50% capacity. Even with less available seats, this production broke all previous revenue records for Jr. Civic shows. The Young Artists Program's REVUE! and SATURDAY NIGHT FEVER were the first productions in 18 months that allowed for full capacity audiences. SATURDAY NIGHT FEVER broke all previous YAP production revenue records. The greatest success of 2021 thus far was the October production of THE COLOR PURPLE. This production marked Civic's first cast of all black performers in thirty years, fulfilling the vision of expanding programming to be more inclusive. Over 50% of all audience members who attended this production were new patrons to Civic. 49% of new audiences arrived from Marion County,18% from Hamilton County, 10% from other Central Indiana counties, 17% from other Indiana counties, and 6% from out of state. This production was very well -received by audiences, with many returning patrons claiming the production to be their favorite so far at Civic, It is evident with this feedback, as well as the show's financial success, that audiences are receptive to great storytelling, regardless of race. Over the next month, Civic will produce thirty performances over thirty days with ELF THE MUSICAL and A CHARLIE BROWN CHRISTMAS. After the outstanding success of ELF in 2019, Civic is excited to return to the holidays with this popular title. As of November 22, Civic is already 70% to its revenue goal for ELF with over 3,000 tickets sold. Civic is proud to present a second holiday option this season with A CHARLIE BROWN CHRISTMAS. This thirty -five-minute adaptation of the television special features Charlie Brown, Snoopy, and the rest of the Peanuts Gang as they discover the true meaning of Christmas. CURRENT FINANCIAL STANDING Civic Theatre has been very fortunate throughout the duration of the pandemic to receive an outpouring of support from patrons, families, foundations, and government institutions. Over the last eighteen months, Civic has received the following sources of COVID relief funding: Two rounds of funding from the Payroll Protection Plan through the Small Business Administration A grant from the Arts, Cultural & Destination Marketing Organization Grant Program through the Indiana Arts Commission & Indiana Destination Development DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF An Emergency Disaster Relief Loan, currently functioning as an untouched cash reserve Additional support as part of the Emergency Disaster Relief Loan A grant from the Allen Whitehill Clowes Charitable Foundation A grant from the Indiana Arts Emergency Relief Fund from the Indiana Arts Commission, National Endowment for the Arts, and Arts Midwest with funding provided by the CARES Act The Shuttered Venue Operators Grant through the Small Business Administration Because of this funding, as well as diligent monitoring of cash and expenses, Civic Theatre is in an advantageous position to begin producing theatre regularly once again. USE OF GRANT FUNDS & COMMUNITY IMPACT During the 2021 calendar year, Civic Theatre is proud to have produced nine opportunities for audience members to experience the joy of live theatre. With an estimated audience of 20,958 patrons, Civic is proud of the strides it has made during this challenging time to adapt its business model to serve the community and accomplish its mission. TITLE DATES AUDIENCE REACH FORMAT PRIDE & PREJUDICE 2/12/21 - 2/27/21 1,004 Live & On -Demand Virtual Event LIGHT ON THE HORIZON 4/26/21 - 5/15/21 510 Virtual & 50% Capacity In -Person A FEW GOOD MEN 5f7/21 - 5/23/21 745 Virtual & 50% Capacity In -Person FROZEN, JR. 6/25/21 - 6/30/21 2,446 50% Capacity In -Person Audience REVUE! 6/29/2021 220 Full In -Person Audience SATURDAY NIGHT FEVER 7/28/21 - 8/1/21 1,868 Full In -Person Audience THE COLOR PURPLE 10/8/21 - 10/23/21 3,205 Full In -Person Audience A CHARLIE BROWN CHRISTMAS 11/26/21-12/18/21 3,850 Full In -Person Audience ELF THE MUSICAL 12/3121-12/24121 7,110 Full In -Person Audience Funding from the City of Carmel Arts Grant has been used to offset expenses associated with these productions such as production staff salaries, contract production staff wages, scene shop expenses, costuming, lighting, sound, royalties, props, and special effects. A breakdown of these expenses can be found in the table below. EXPENSE CATEGORY TOTAL AMT OF TOTAL ALLOCATION Production Salaries' 84,874.47 11% 23,079 Contracted Production Staff 141,134.00 18% 38,378 Production Materials 205,878.64 27% 55,983 Other Production Expenses 340,391.62 44% 92,560 TOTAL 772,278.73 100% 210,000.00 Does not include any salary expenses covered by the Payroll Protection Program or other COVID-19 relief funding LOOKING FORWARD Civic Theatre is infinitely grateful to the City of Carmel for being a champion of the arts, making it possible for Civic to provide theatrical opportunities for its community. In the last 106 years, Civic has witnessed and endured countless triumphs and trials. It is our greatest hope and our institutional ambition that Civic Theatre survive these current challenges in order to be a leader in the healing process on the other side. The arts are an indispensable tool for reflection and can begin the process of acknowledging and addressing heartbreak while celebrating what it means to be alive. Civic has important work to do in this regard and looks forward to telling the stories that advance such work on the Tarkington stage again soon. DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF