Ruth Eckerd Hall Inc.

“A full version of form 990 as filed with the irs is made available to each voting member of the governing body and designated committees responsible for performing a review process prior to filing.”

“Written statements under the conflict of interest policy are required annually of each officer and director. Potential conflicts are reviewed by the governance committee. The persons having a conflict of interest are prohibited from participating in deliberations/decisions in the transaction.”

“Compensation for the President/CEO and Chief Programming Officer/Executive VP of Entertainment is recommended by the Compensation and Benefits Committee and then formally approved by the Board of Directors.”

“The organization's governing documents, conflict of interest policy, and financial statements are available by calling (727) 791-7060, or by emailing the request to [email protected]. Please reference the finance department in any request.”

“Ruth Eckerd Hall was organized to support the establishment and operation of a performing arts center and theater facility on property donated to the City of Clearwater, Florida for this purpose. The facility serves a wide five-county area, comfortably seating 2,180 patrons. The performing arts center and the theater, named Ruth Eckerd Hall at The Richard B. Baumgardner Center for the Performing Arts, opened its doors in October 1983. The Center, through year-round programming, serves the local and regional community of the Tampa Bay, Florida area by offering a variety of activities that are both educational and entertaining. The theater features Broadway shows, orchestral performances, opera, dance, jazz, and popular music. The Center provides educational opportunities to the community through its Marcia P. Hoffman School of the Arts performances and participatory classes in music, dance, and theater. Community groups may rent the facility at reduced rates.”

“In a recent economic and fiscal impact analysis, Ruth Eckerd Hall's activities were found to deliver an estimated economic impact of $86.8M in FY15, which created 753 FTE jobs and about $3.4M in local and state government revenue. $25.6M of this impact comes from out-of-state visitors, which is new revenue for Florida. On average, each visitor spends $180 above the cost for a ticket. Audiences and artists use over 43,000 hotel rooms per year. Ruth Eckerd Hall has demonstrated excellence in artistry and leadership in the community through a 39 year history of achievements: -Presented over 6,000 performances since inception (with 363 performances during the current fiscal year). -Presented to more than 7.7 million people since inception (including over 1.5 million young people) with approximately 330,000 patrons during the current fiscal year (including about 10,000 young patrons attending School Time performances during the current fiscal year). -The Marcia P. Hoffman Performing Arts Institute, opened, 2003 -Named "non-profit of the year" by the Clearwater Chamber of Commerce in 2014 and by the Tampa Bay Business Journal, 2013. -Began programming the historic Capitol Theatre in downtown Clearwater, FL in 2009 (see below for additional details regarding the Capitol Theatre). -During 2017, Industry trade publication "Pollstar" named Ruth Eckerd Hall the #7 theater venue in the world and within that same ranking, Ruth Eckerd Hall was named #7 in the United States. The Capitol Theatre was named the #20 club venue in the world and, within that same ranking, #17 in the United States. During the previous year, Industry trade publication "Pollstar" ranked Ruth Eckerd hall #10 in the world of theater venues and #6 in the United States for the period from January 1 - March 31, 2016. Also, from January 1 - December 31, 2015, "Pollstar" ranked Ruth Eckerd Hall #25 out of 200 theatres worldwide and #3 in Florida within that ranking. All rankings are based on concert event grosses during mentioned time period. -Ruth Eckerd Hall was ranked a Top 10 venue nationally during the 15 years of top performing venues by industry trade magazine Venues Today. -Ruth Eckerd Hall Received the 2017 Clearwater Regional Chamber Judges Choice Award. -Sustained community program partnerships: Pinellas Youth Symphony, City of Clearwater - Clearwater Chorus, Pinellas County Schools and School Board, St. Petersburg College, USF - St. Petersburg, Clearwater Jazz Holiday Foundation, The Aging Well Center/The ARC, Johns Hopkins All Children's Hospital, Homeless Emergency Project (HEP), Pinellas Opera League, Clearwater Arts Alliance, Arts for a Complete Education (ACE), and Creative Pinellas. -Robert Rossi, Executive Vice President/Entertainment, was awarded the 2010 Individual Contribution Momentum Award from the Clearwater Downtown Partnership. In 2015, he was nominated for Executive of the Year for (IEBA) International Entertainment Buyers Association Awards. In 2018, he was a nominee for Clearwater's Chamber of Commerce "Mr. Clearwater" award. -Numerous Ruth Eckerd Hall scholarship winners progressed into successful professional careers on Broadway and national touring companies, including Rent, Brooklyn the Musical, In the Heights, Hair, Ragtime, The Lion King, The Color Purple, American Ballet Theatre, and an international tour as lead guitarist with the Gavin DeGraw Band. -Scholarship winner Karen Olivo won Tony Award for her performance of Anita in West Side Story.”

“Capitol Theatre in downtown Clearwater, FL: In September 2012, Ruth Eckerd Hall entered into an operating agreement with the City of Clearwater to manage the Capitol Theatre in downtown Clearwater. The City funded a major renovation of the historic venue, and the theater opened on December 18, 2013. The theater seats 750 people and includes six loge boxes, a large lobby, an outdoor balcony, a VIP room, and a rooftop terrace. The Capitol Theatre is a vital part of the organization's operations, with more than one hundred performances booked in fiscal year 2016. The operating agreement required Ruth Eckerd Hall to deposit $1,500,000 through January 2016 into a reserve fund to be used to cover the costs of maintenance and capital improvements as well as any operating deficits that may occur. Any funds remaining in the reserve fund which are not required to meet Ruth Eckerd Hall's obligations upon termination of the agreement shall be the property of the Hall. -The Capitol Theatre, operated and programmed by Ruth Eckerd Hall, has won many awards, including Most Improved Property at the 7th Annual Clearwater Downtown Partnership Momentum Awards, the Nonprofit Impact Award by Tampa Bay Businesses for Culture and the Arts (TBBCA) and the Roy F. Kenzie Award in Outstanding Rehabilitation, Renovation and Reuse Project by the Florida Redevelopment Association (FRA). - The Capitol Theatre was named the #20 club venue in the world and, within that same ranking, #17 in the United States by Industry trade publication "Pollstar" during 2017. In the January 1 March 21, 2016 period, "Pollstar" ranked The Capitol Theatre the #42 club venue in the world, the only Florida club in the top 50. All rankings were based on concert and event grosses for venues 1,000 people or fewer during the mentioned time period. Chief Executive Officer: -Zev Buffman was named CEO for Ruth Eckerd Hall in 2012. Zev Buffman has produced more than 40 Broadway shows and 100 National Tours. -Zev Buffman completed the efforts to renovate the Capitol Theatre, an anchor for businesses and redevelopment in downtown Clearwater. In March 2015, Zev oversaw the completion of a $1.5 million renovation of The Murray Theatre, located at Ruth Eckerd Hall, which offers affordable, accessible, high-quality experiences to audiences of all ages including theatre, play, concerts, original production, foreign and classic films, classes, and more.”

“The School is comprised of 3 classrooms, 4 private lesson rooms, 2 rehearsal studios, a recording studio, a visual arts/multi-purpose studio, and a 150-seat theater, as well as office space for School administration and faculty. The year-round programming on site offers exploratory and preparatory classes in all performing arts disciplines. The School also provides arts education experiences off-site in the community. A summer camp series includes a visual arts component in each of its classes. Also on site and at the Capitol Theatre is the School Time Series which provides high quality arts performances for schools. Altogether, programming through the School reached over 40,000+ youths and adults during the 2017 fiscal year. The GRAMMY Museum's(R) acclaimed Music Revolution Project(R), an educational initiative developed in 2012, is in its fifth year at the School. The Project offers talented youth in the area the chance to engage in musical workshops, songwriting courses, mentoring sessions, the opportunity to record the material written, and the opportunity to perform before a live audience. Approximately 20 students annually attend the four-week program at no charge in which they participate in an intensive curriculum including instruction, rehearsals, and mentoring with GRAMMY(R) Award-winning artists, directors, and composers. The program provides students with access to professional spaces as well as a private recording studio on-site. The workshops conclude with a performance on the Ruth Eckerd Hall main stage.”

“EQUIPMENT/PRODUCTION: Program service expenses 720,379. Management and general expenses 0. Fundraising expenses 25,256. Total expenses 745,635. CONSULTANT FEES: Program service expenses 8,350. Management and general expenses 12,172. Fundraising expenses 813. Total expenses 21,335. ARTIST FEES & TEACHERS: Program service expenses 11,069,355. Management and general expenses 0. Fundraising expenses 353,950. Total expenses 11,423,305. PAYROLL/COBRA PROCESSING: Program service expenses 12,404. Management and general expenses 15,160. Fundraising expenses 0. Total expenses 27,564. SECURITY/POLICE: Program service expenses 295,574. Management and general expenses 372. Fundraising expenses 18,921. Total expenses 314,867. STAGEHANDS: Program service expenses 770,597. Management and general expenses 0. Fundraising expenses 16,650. Total expenses 787,247. CO PRO EXPENSE: Program service expenses 598,923. Management and general expenses 0. Fundraising expenses 0. Total expenses 598,923. ENHANCEMENT RELATED EXPENSES: Program service expenses 17,895. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,895. AUCTION EXPENSE: Program service expenses 16,116. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,116.”

“Change in value of split-interest agreements 19,592. Change in fair value of interest rate swap agreement 124,629. Write off of uncollectible pledges -59,820.”

“The Audit Committee meets at least twice each year to review the process before the audit commences and again to review/approve the audited financial statement upon completion. The Committee recommends approval of the audited financial statements to the full Board after review. The Board reviews and ratifies the audit report. The committee also provides consultation on related matters as needed. This process, along with the selection of the independent accountant, has not changed from prior years.”