The Tivoli Theatre Foundation Inc

“The foundation board contracted with live nation to oversee programming and manage daily operations of the venues.”

“The form 990 will be made available to the board members at the meeting or via email for review before filing.”

“The board members review the policy on an annual basis to monitor and enforce compliance. Board approved policies for 22-24. Policies on file in dropbox.”

“Compensation is determined using comparative data and approved by the executive committee.”

“Documents open to public inspection are available upon request at the foundation's office.”

“Catered one event out of kitchen”

“Re: tivoli sub one blocker inc federal identification number: 99-1213644 election pursuant to internal revenue code section 168(h)(6)(f)(ii) tivoli sub one blocker inc, a tennessee corporation (the "corporation"), is a tax exempt controlled entity defined by internal revenue code section 168(h)(6)(f)(ii) in that it is one hundred percent (100%) owned by the tivoli theatre foundation inc, federal identification number 47-4405861, a tennessee nonprofit corporation that is organized and operated as a section 501(c)(3) organization for federal income tax purposes. The corporation is a member of tivoli sub two, llc, federal identification number 99-2029220, a tennessee limited liability company ("property owner"), that owns a leasehold interest in depreciable, tangible property and that has at least one member that is not a tax exempt entity. Pursuant to internal revenue code section 168(h)(6)(f)(ii), the corporation hereby elects to make an irrevocable and indefinite election not to be treated as a tax-exempt entity for purposes of internal revenue code sections 168(h)(5) and (6). By this election, any gain recognized by the disposition of an interest in the corporation (as well as any dividends or interest received or accrued from the corporation) shall be treated as unrelated business taxable income under internal revenue code section 511. The effective date of this election is december 18, 2023, which date precedes the date the property owner placed such depreciable property in service. Tivoli sub one blocker, inc, a tennessee corporation tivoli sub one blocker is a member of tivoli prime (1%) which is 99% owned by us bancorp community development corporation.”

“Artist fees: program service expenses 4,406,282. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,406,282. Production expenses: program service expenses 4,566,819. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,566,819. Community engagement: program service expenses 0. Management and general expenses 0. Fundraising expenses 26,571. Total expenses 26,571. Experts: program service expenses 0. Management and general expenses 0. Fundraising expenses 5,847. Total expenses 5,847.”