2024-05-07T15:06:33-05:00 2023-06-30 591753337 KERKERING BARBERIO & CO PO BOX 49348 SARASOTA FL 342306348 990 2022-07-01 592717909 ASOLO THEATRE INC ASOL 9413519010 5555 NORTH TAMIAMI TRAIL SARASOTA FL 34243 RANDELL JOHNSON PRESIDENT 9413519010 2024-04-17 1 RANDELL JOHNSON 999009999 0 REBECCA U STONER P00585910 9413654617 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z RANDELL JOHNSON 5555 NORTH TAMIAMI TRAIL SARASOTA FL 34243 16440303 0 X WWW.ASOLOREP.ORG X 1986 FL ENTERTAIN, ENGAGE AND INSPIRE THROUGH THE HIGHEST QUALITY PROFESSIONAL REPERTORY THEATRE AND SUPERIOR EDUCATIONAL PROGRAMS. 51 51 263 37 221032 0 9345604 5553621 6492885 5822237 1022615 560823 -224383 -183815 16636721 11752866 0 0 0 0 8929125 8112609 0 0 528616 4291117 4473171 13220242 12585780 3416479 -832914 46719900 46011727 4553096 2406899 42166804 43604828 ENGAGE AND INSPIRE AUDIENCES WITH EXTRAORDINARY THEATRICAL EXPERIENCES CREATED WITH VISION, PASSION AND ARTISTRY AND ENHANCED BY DEEPLY INTEGRATED EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS. 0 0 6191490 4789305 ASOLO REPERTORY'S RESIDENT SEASON CREATES A CENTER FOR THEATRICAL EXCELLENCE FOR A LOCAL, REGIONAL AND NATIONAL COMMUNITY. FROM CLASSICS TO CONTEMPORARY DRAMAS TO BROADWAY-BOUND MUSICALS AND NEWLY COMMISSIONED WORK, ALL PERFORMED IN THE RAREST FORM OF ROTATING REPERTORY. ASOLO REP IS A THEATRE DISTRICT IN ITSELF. EACH SEASON, ASOLO REP MOUNTS UP TO TEN PRODUCTIONS AND TWO HUNDRED FIFTY PERFORMANCES ON TWO STAGES, FOR MORE THAN EIGHTY THOUSAND PEOPLE ANNUALLY. 401649 522837 THE FSU/ASOLO CONSERVATORY FOR ACTOR TRAINING IS A RIGOROUS THREE-YEAR M.F.A GRADUATE PROGRAM CONNECTED TO ASOLO REPERTORY. IT IS RANKED IN THE TOP TEN ACTOR TRAINING PROGRAMS BY THE NEW YORK TIMES. MORE THAN TWO THOUSAND AUDITION ANNUALLY FOR A MERE TWELVE SLOTS. 3863793 96101 THE SCENE AND COSTUME SHOPS CREATE PHYSICAL ELEMENTS FOR THE PRODUCTIONS AND CONTRIBUTE TO THE QUALITY PROFESSIONAL THEATRICAL EXPERIENCE FOR ASOLO REPERTORY, THE FSU/ASOLO CONSERVATORY FOR ACTOR TRAINING AND OTHERS, SUCH AS THE TAMPA BAY PERFORMING ARTS CENTER AND THE SARASOTA OPERA. 186739 186739 10456932 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 135 0 1 263 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 51 51 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X X X THE ORGANIZATION 9413519010 5555 NORTH TAMIAMI TRAIL SARASOTA FL 34243 ROBERT BAER DIRECTOR 1.00 X 0 0 0 BEVERLY BARTNER DIRECTOR 1.00 X 0 0 0 BOB BARTNER DIRECTOR 1.00 X 0 0 0 NANCY BOXILL-THOMPSON DIRECTOR 1.00 X 0 0 0 TERRY BRACKETT DIRECTOR 1.00 X 0 0 0 MARY BRAXTON-JOSEPH DIRECTOR 1.00 X 0 0 0 SUSAN BUCK DIRECTOR 1.00 X 0 0 0 JAMES CHANDLER III DIRECTOR 1.00 X 0 0 0 ANN CHARTERS DIRECTOR 1.00 X 0 0 0 JAIME DIDOMENICO DIRECTOR 1.00 X 0 0 0 SUSAN DWECK DIRECTOR 1.00 X 0 0 0 L'TANYA EVANS DIRECTOR 1.00 X 0 0 0 DEBORAH FARRINGTON DIRECTOR 1.00 X 0 0 0 KATHLEEN FRANCE DIRECTOR 1.00 X 0 0 0 HERMAN FRANKEL DIRECTOR 1.00 X 0 0 0 JAMES FRAZIER DIRECTOR 1.00 X 0 0 0 TERI HANSEN DIRECTOR 1.00 X 0 0 0 LARRY HASPEL DIRECTOR 1.00 X 0 0 0 GARY HEARD DIRECTOR 1.00 X 0 0 0 NONA MCDONALD HEASLIP DIRECTOR 1.00 X 0 0 0 GIGI HUBERMAN DIRECTOR 1.00 X 0 0 0 CHARLIE HUISKING DIRECTOR 1.00 X 0 0 0 CARYL KAPLAN DIRECTOR 1.00 X 0 0 0 CAROLYN KEYSTONE DIRECTOR 1.00 X 0 0 0 BEVERLY KOSKI DIRECTOR 1.00 X 0 0 0 RUTH KREINDLER DIRECTOR 1.00 X 0 0 0 LUCIE LAPOVSKY DIRECTOR 1.00 X 0 0 0 KORY LEE DIRECTOR 1.00 X 0 0 0 NANCY MARKLE DIRECTOR 1.00 X 0 0 0 ENID MARSHALL DIRECTOR 1.00 X 0 0 0 SCOTT MERRITT DIRECTOR 1.00 X 0 0 0 SANDY MIRANDA DIRECTOR 1.00 X 0 0 0 JOEL MORGANROTH DIRECTOR 1.00 X 0 0 0 MELANIE NATARAJAN DIRECTOR 1.00 X 0 0 0 JULES PRICE DIRECTOR 1.00 X 0 0 0 WILLIAM SANDY DIRECTOR 1.00 X 0 0 0 NIKKI SEDACCA DIRECTOR 1.00 X 0 0 0 STEPHANIE SHAW DIRECTOR 1.00 X 0 0 0 EVA SLANE DIRECTOR 1.00 X 0 0 0 BILL VILLAFRANCO DIRECTOR 1.00 X 0 0 0 KIRK VOELKER DIRECTOR 1.00 X 0 0 0 JAMES WADSWORTH DIRECTOR 1.00 X 0 0 0 MARGARET WISE DIRECTOR 1.00 X 0 0 0 MARY LOU WINNICK DIRECTOR 1.00 X 0 0 0 JOAN WOOD DIRECTOR 1.00 X 0 0 0 GERI YONOVER DIRECTOR 1.00 X 0 0 0 CAROLE CROSBY IMMEDIATE PAST PRESIDENT 1.00 X 0 0 0 RANDELL JOHNSON PRESIDENT 1.00 X X 0 0 0 MARYSUE WECHSLER VICE PRESIDENT 1.00 X X 0 0 0 BETH HIRSCH VP/PRESIDENT-ELECT 1.00 X X 0 0 0 DENNIS DIRKS TREASURER THRU FEB 2023 1.00 X X 0 0 0 CHARLIE WILSON DIR; TREASURER EFF. MARCH 2023 1.00 X X 0 0 0 JUDITH HOFMANN SECRETARY 1.00 X X 0 0 0 TOM MCLAUGHLIN GENERAL COUNSEL 1.00 X X 0 0 0 MICHAEL EDWARDS PRODUCING ARTISTIC DIRECTO 40.00 X 293160 0 25735 LINDA DIGABRIELE MANAGING DIRECTOR 40.00 X 252807 0 5200 VICTOR MEYRICH DIR. OF PRODUCTION / OPERA 40.00 X 110571 0 721 ANGELA LAKIN MARKETING DIRECTOR 40.00 X 112200 0 0 768738 0 31656 4 0 1 0 PJ HAYES INC DBA TANDEM CONSTRUCTI 5391 LAKEWOOD RANCH BLVD N SARASOTA FL 34240 EXPANSION CONSTRUCTION 1364750 CONCORD THEATRICALS 250 W 57TH ST FLOOR 6 NEW YORK NY 10107 PERFORMANCE ROYALTIES 288164 FSU RESEARCH FOUNDATION 2000 LEVY AVENUE BLDG A TALLAHASSEE FL 32310 FSU STUDENT STIPENDS 247201 RESIDENCE INN BY MARRIOTT SARASOTA BRADE 1040 UNIVERSITY PKWY SARASOTA FL 34234 GUEST TALENT HOUSING 148095 FSUASOLO CONSERVATORY 5555 N TAMIAMI TRAIL SARASOTA FL 34243 FSU TICKET SALES 128658 7 453459 2386698 2713464 5023 5553621 RESIDENT SEASON 711110 4789305 4789305 FSU/ASOLO CONSERVATORIES 711110 522837 522837 SCENE & COSTUME SHOPS 711110 323356 96101 227255 TICKET SURCHARGE 711110 186739 186739 5822237 853931 853931 4078859 4367124 4843 -288265 -4843 -293108 -293108 102506 453459 315470 -212964 -212964 35372 0 35372 35372 PARTNERSHIP LOSSES 900099 -6223 -6223 -6223 11752866 5594982 221032 383231 734542 734542 5831323 5392356 89103 349864 60836 51851 3695 5290 1084532 861340 222177 1015 401376 360901 14195 26280 11511 4301 7210 47320 47320 89677 89677 67667 39586 28081 402213 347649 54564 218714 77134 139872 1708 104334 104334 428911 428911 273394 165733 107661 216345 201612 7329 7404 647291 535280 112011 293112 293112 PRODUCTION EXPENSE 614593 614593 MAINTENANCE 315956 197185 118771 BANK CHARGES 166414 166414 OPENING/CLOSING NIGHT D 59678 59678 516041 443958 49270 22813 12585780 10456932 1600232 528616 1214 1214 7826713 5027519 1382646 831998 22887 759089 4882 4882 276602 274543 18461315 4076745 13885135 14384570 21610267 23058788 1709554 1669124 46719900 46011727 1690153 579289 1643798 1827610 1219145 0 4553096 2406899 X 26904706 28582907 15262098 15021921 42166804 43604828 46719900 46011727 X -832914 2264715 6223 X X 0 1 X 1 0 X 6165048 5247843 8295413 9345604 5553621 34607529 6592428 4975136 1617609 6587744 5960115 25733032 12757476 10222979 9913022 15933348 11513736 60340561 1342528 764555 1153618 2078241 334480 5673422 0 1342528 764555 1153618 2078241 334480 5673422 54667139 834829 690197 610354 1104313 853931 4093624 2806 2806 834829 693003 610354 1104313 853931 4096430 -1037 -206 -436 -6223 -7902 13592305 10914945 10523170 17037225 12361444 64429089 0.84850 0.82890 0.06360 0.06030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20143964 1179814 1418770 747835 21994713 24313754 310549 -2258009 2222330 20143964 18635394 3304997 3139430 766067 24313754 19105241 67000 136810 673657 18635394 18400117 842594 578371 715841 19105241 0.41280 0.58720 0.00000 1 0 1320850 1320850 13774487 1809136 11965351 689513 369615 319898 2676465 1897994 778471 14384570 X 14282723 2264715 315000 2579715 11703008 89677 -39819 49858 11752866 12844699 315000 33596 348596 12496103 89677 89677 12585780 PART V, LINE 4: TO PROVIDE FUNDS AS AN OPERATING RESERVE FOR THE THEATRE. PART X, LINE 2: UNDER THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION, THE THEATRE HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF ITS TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: PARTNERSHIP LOSSES -6,223. BAD DEBT EXPENSE NETTED AGAINST CONTRIBUTION REVENUE FOR TAX -33,596. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE NETTED AGAINST CONTRIBUTION REVENUE FOR TAX 33,596. GALA 473570 396870 76700 1000 154662 14640 48566 20225 STARRY NIGHTS 73589 56589 17000 3784 13125 1440 2330 547159 453459 93700 1000 158446 27765 50006 22555 259772 -166072 X X X X 0 0 0 0 0 1 0 0 0 MICHAEL EDWARDS PRODUCING ARTISTIC DIRECTO 254567 0 37499 0 1094 0 24452 0 1283 0 318895 0 0 0 LINDA DIGABRIELE MANAGING DIRECTOR 229110 0 22499 0 1198 0 5200 0 0 0 258007 0 0 0 PART I, LINE 6 PER MICHAEL EDWARDS (PRODUCING ARTISTIC DIRECTOR) EMPLOYMENT CONTRACT "FOR ANY FISCAL YEAR IN WHICH THE TOTAL OF THE ASOLO'S EARNED AND CONTRIBUTED INCOME (EXCLUDING GIFTS TO THE ASOLO'S ENDOWMENT FUND OR GIFTS FOR CAPITAL IMPROVEMENTS) EXCEEDS THE TOTAL OF THE ASOLO'S OPERATING EXPENSES (EXCLUDING CAPITAL EXPENDITURES AND DEPRECIATION AND AMORTIZATION COSTS) BY AT LEAST $250,000, THE ASOLO SHALL PAY EDWARDS A BONUS IN AN AMOUNT EQUAL TO 15% OF HIS ANNUAL BASE SALARY (BEFORE BENEFITS). SUCH BONUS, IF ANY, SHALL BE PAID TO EDWARDS WITHIN 30 DAYS AFTER COMPLETION OF THE AUDIT OF THE ASOLO'S FINANCIAL STATEMENTS FOR SUCH FISCAL YEAR." SINCE THE RETIREMENT OF MICHAEL EDWARDS, NO BONUS WAS ISSUED. PER LINDA DIGABRIELE'S (MANAGING DIRECTOR) EMPLOYMENT CONTRACT "FOR ANY FISCAL YEAR IN WHICH THE TOTAL OF THE ASOLO'S EARNED AND CONTRIBUTED INCOME (EXCLUDING GIFTS TO THE ASOLO'S ENDOWMENT FUND OR GIFTS FOR CAPITAL IMPROVEMENTS) EXCEEDS THE TOTAL OF THE ASOLO'S OPERATING EXPENSES (EXCLUDING CAPITAL EXPENDITURES AND DEPRECIATION AND AMORTIZATION COSTS) BY AT LEAST $250,000, THE ASOLO SHALL PAY DIGABRIELE A BONUS IN AN AMOUNT EQUAL TO 10% OF HER ANNUAL BASE SALARY (BEFORE BENEFITS). SUCH BONUS, IF ANY, SHALL BE PAID TO DIGABRIELE WITHIN 30 DAYS AFTER COMPLETION OF THE AUDIT OF THE ASOLO'S FINANCIAL STATEMENTS FOR SUCH FISCAL YEAR." SINCE THE RETIREMENT OF LINDA DIGABRIELE, NO BONUS WAS ISSUED. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS BOB BARTNER AND BEVERLY BARTNER HAVE A FAMILY RELATIONSHIP. BOARD MEMBER ANN CHARTERS AND ENDOWMENT TRUSTEE TOM CHARTERS HAVE A FAMILY RELATIONSHIP. BOARD MEMBER JAMIE DIDOMINICO OWNS A BUSINESS THAT IS A VENDOR FOR ASOLO. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS A COMMITTEE OF BOARD MEMBERS WHO REVIEW AND DISCUSS THE FORM 990 PRIOR TO ITS FILING. THE FORM IS ALSO DISTRIBUTED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C GOVERNANCE COMMITTEE MEETS REGULARLY AND REVIEWS POLICY AND COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15A GOVERNANCE COMMITTEE MEETS TO REVIEW AND DISCUSS COMPENSATION FOR ARTISTIC PRODUCING DIRECTOR AND MANAGING DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ASOLO THEATRE, INC. PROVIDES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART XI, LINE 9: PARTNERSHIP LOSSES 6,223. FORM 990, PART XII, LINE 2C AUDIT REVIEW PROCESS THERE WERE NO CURRENT YEAR CHANGES TO THE AUDIT OVERSIGHT PROCESS.