California Shakespeare Theater

“In accordance with common practice in the nonprofit community, the Board delegates certain matters to The Executive Committee, which is empowered to act between board meetings if necessary, and sometimes with specifically delegated authority to act in particular areas on behalf of the full board. The composition of executive committee includes the organization's board officers.”

“In September 2011, Cal Shakes entered into a "Solar Equipment Lease" with Cal Shakes Solar, a California Partnership consisting of CURRENT BOARD MEMBERS (INCLUDING DAVID GOLDSMITH, THEN BOARD PRESIDENT, AND JAMES ROETHE, A FORMER PRESIDENT OF THE BOARD). The transaction was structured in order to secure an energy grant resulting in $66,000 of savings which were passed on to Cal Shakes.”

“Form 990 is prepared by an outside tax professional. The form is then reviewed bythe organization's management, a member of the board of directors, and the managingdirector. This group of individuals discusses the contents of the return withthe outside tax professional. After a full review (with modifications wherenecessary), the final version of the tax return is provided to all members of the organization's voting body. Subsequently, the final tax return is submitted electronically to the department of the treasury.”

“Members of the board of directors review all potential conflicts of interest atleast annually. All personnel and board members are required to disclose (inwriting) potential conflicts and any related party affiliations. Loans between theorganization and members of management and the board are strictly prohibited. Theorganization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.”

“Members of the board of directors review the compensation of all high-level personnel periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures.”

“Compensation of other high-level personnel and key employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.”

“All of the organization's governing documents, financial statements and other legalfilings are maintained in a secure environment and held available for inspection bytax authorities and the general public. Tax returns are posted annually towww.guidestar.org (where they are available for viewing as electronic copies) and are also available for a physical inspection at the organization's office in berkeley, california.”

“Client Note 1 - Property and Equipment----------------------Property and equipment consist of the following at December 31, 2014 and 2013: 2014 2013 ------------ -----------Bruns Amphitheater $10,138,490 10,131,795Leasehold improvements 214,837 214,837 Production equipment and sets 127,889 102,783Office equipment 145,420 97,323Vehicles 89,751 89,751 ------------ ----------- 10,716,387 10,636,489Accumulated depreciation (3,416,027) (3,043,008) ------------ ----------- $ 7,300,360 7,593,481 ============ ===========Depreciation expense amounted to $373,019 and $249,911 for the years ended December 31, 2014 and 2013, respectively. In connection with its capital campaign (see Note 14), Cal Shakes remitted payments amounting to $10,055 during the year ended 2013 on certain construction-related costs which were capitalized as a component of the Bruns Amphitheater. During the year ended December 31, 2013, Cal Shakes removed $229,050 in partially and fully depreciated property and equipment resulting in a loss on disposal of $42,709. There were no property and equipment dispositions during the year ended December 31, 2014.”

“OTHER PROGRAM SERVICES 4: About California Shakespeare Theater (continued from form 990 Page 2) these works or considered them relevant to their lives. Our 2017 season brought a new dimension to this missionwe challenged those who are already assured of the inherent value of the Western literary tradition to open their hearts and minds to the voices and traditions that are new to them, and celebrate with us the extraordinary diversityand the wonderful resonanceof the human theater tradition. OTHER PROGRAM SERVICES 5: Main Stage (continued from Form 990 Page 2)premiere of black odyssey, by Oakland native Marcus Gardley, directed by Eric Ting. We closed our season with Measure for Measure, directed by Tyne Rafaeli, in a coproduction with Santa Cruz Shakespeare. OTHER PROGRAM SERVICES 6: Artistic Engagement (continued from Form 990 Page 2)engaged two-spirit, trans spectrum, genderqueer, non-binary, gender non-conforming, and gender-expansive youth (18-24) in a discussion about loving outside the gender binary. Our black odyssey Story Circle engaged African American community members ranging in age from teens to seniors in a discussion about Black spirituality, referencing the plays central theme of needing to confront ones own ancestral past to find the resolve to face present-day challenges. In addition to the offering mentioned above, our Civic Dialogues were: Changing the Face of Theater, with Patty Berne, Co-Founder of Sins Invalid (a disabled-positive performance group), Jon Tracy, Artistic Director of TheatreFirst, and Phoebe Fico and Sean San Jos from our production of The Glass Menagerie; and Morality and the State, on the ways the state seeks to control our bodies and the role that art can play in resisting this, with Artist-Investigator Tatiana Chaterji in residency at FCI Dublin womens prison, Measure for Measure director Tyne Rafaeli, and internationally recognized poet and founder of The Body is Not an Apology, Sonya Renee Taylor. Since his arrival at Cal Shakes, Eric has brought a new depth to our community partnerships. He has included community partners in the planning of our season, integrated community voices with the theater-going experience at the Bruns, and greatly extended the duration of projects to enable deeper mutual buy-in. This year, for example, we launched a three-year project through our New Classics Initiative with ICCNC to collect 1,001 stories from Muslim and Middle Eastern communities across the Bay Area in conjunction with development of a new adaptation of A Thousand and One Stories by a playwrights Evren Odcikin and Leila Buck, both of Middle Eastern heritage. In addition, our Artist-Investigator project at FCI Dublin has engaged 43 women prisoners in a theater residency so far and is planned to engage all 300+ inmates through 2018. The Theater Stage at Youth Speaks Life is Living Festival, now in its third year, has grown so popular that we had to hold auditions this year. Seventeen artists performed for an audience of 421 people. Well over 80% of those engaged through all of these programs are people and artists of color. OTHER PROGRAM SERVICES 7: Artistic Learning (continued from Form 990 Page 2)and chaperones to six Student Discovery matinees of As You Like and Measure for Measure. Our classrooms residencies bring theater to schools in low income neighborhoods, and our Summer Shakespeare Conservatories offer budding theater artists a nurturing environment for creative risk and artistic growth. Finally, our Shakespeare Conservatories programs offer rigorous acting training to 300-plus youth every summer. One-in-three Conservatory students attends with scholarship support. OTHER PROGRAM SERVICES 8: Other (continued from Schedule 0)The New Classics Initiative (NCI) reexamines classics of Western literature through diverse perspectives and raises up the classical traditions of diverse cultures. Our production of black odysseythe plays second everincluded a significant re-write and a new score”

“Change in pv of receivables = $7573”