Ruth Eckerd Hall Inc.

“Form 990 is emailed to the full board for review and comment prior to filing. Any questions are directed to the cfo.”

“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 40 year history of achievements: -presented over 6,000 performances since inception (with 374 performances during the current fiscal year). -presented to more than 8 million people since inception (including over 1.5 million young people) with approximately 275,000 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 2019, industry trade publication "pollstar" ranked ruth eckerd hall*: -#1 in tampa bay area of venues with 2,500 seats or less -#3 in florida of venues with 2,500 seats or less -#7 in the united states with 2,500 seats or less -#9 in the world of venues with 2,500 seats or less -#39 venue overall in the world. * these rankings are based on gross ticket sales during the period of 11/22/18 - 11/20/19. Was named the #1 favorite performing arts center by readers at tampa bay newspapers was named the best concert venue by tampa bay magazine was named best live concert venue by visit st. Pete / clearwater -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, pinellas county schools and school board, st. Petersburg college, usf - st. Petersburg, clearwater jazz holiday foundation, the aging well center/the arc, john 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, legally blond - the musical, 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. Ruth eckerd hall on the road presents: during 2019, industry trade publication pollstar, ranked ruth eckerd hall on the road presents: -#49 concert promoter in the united states -#81 concert promoter in the world -in june 2018, sharon reid-kane received the prestigious arts education professional award from the florida alliance for arts education. -in july 2018, the marcia p. Hoffman school of the arts was named a grammy museum affiliate. -in august 2018, the marcia p. Hoffman school of the arts at ruth eckerd hall was selected to participate in the kennedy center partners in education program.”

“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 2018. In 2019, the venue was renamed the nancy and david bilheiemer capitol theatre. 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). During 2019, industry trade publication pollstar ranked the capitol theatre*: -#1 in tampa bay of club venues with 800 seats or less -#1 in florida of club venues with 800 seats or less -#12 in the united states of club venues with 800 seats or less -#14 in the world of club venues with 800 seats or less -#54 club venue overall in the world * these rankings are based on gross ticket sales during the period of 11/22/18 - 11/20/19. -received the best environment award from the tampa bay regional planning council -was named the best small concert venue by tampa bay magazine”

“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 45,000+ youths and adults during the 2019 fiscal year. The grammy museum's(r) acclaimed music revolution project(r), an educational initiative developed in 2012, is in its seventh year at the school. The project offers youth and local 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 on the new holt family stage in the kate tiedemann and ellen cotton cabaret theatre.”

“Equipment/production: program service expenses 692,832. Management and general expenses 0. Fundraising expenses 29,907. Total expenses 722,739. Consultant fees: program service expenses 36,702. Management and general expenses 41,646. Fundraising expenses 70,980. Total expenses 149,328. Artist fees & teachers: program service expenses 8,832,529. Management and general expenses 0. Fundraising expenses 330,399. Total expenses 9,162,928. Payroll/cobra processing: program service expenses 17,841. Management and general expenses 21,805. Fundraising expenses 0. Total expenses 39,646. Security/police: program service expenses 397,700. Management and general expenses 129. Fundraising expenses 31,984. Total expenses 429,813. Stagehands: program service expenses 864,365. Management and general expenses 113. Fundraising expenses 18,621. Total expenses 883,099. Co-promotor expense: program service expenses 600,259. Management and general expenses 0. Fundraising expenses 0. Total expenses 600,259. Enhancement related expenses: program service expenses 8,804. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,804. Auction expense: program service expenses 15,011. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,011. Temporary labor: program service expenses 36,048. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,048.”

“Change in value of split-interest agreements 120,771. Change in fair value of interest rate swap agreement -2,576. Write off of uncollectable pledges -148,000.”

“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.”