Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $2,774,591

• 1e · Government grants (contributions)

  $643,472

• 1f · All other contributions, gifts and grants

  $5,497,825

• 1g · Noncash contributions included above

  $35,000

• 2a · Program service revenue: TICKET SALES

  total $1,419,303 · related or exempt $1,419,303

• 2b · Program service revenue: EDUCATION PROGRAM

  total $164,491 · related or exempt $164,491

• 3 · Investment income

  total $303,879 · excluded $303,879

• 6a · Gross rents

  real property $715,130

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $715,130

• 6d · Net rental income or loss

  total $715,130 · excluded $715,130

• 7a · Gross sales of assets other than inventory

  securities $147,044

• 7b · Less cost or other basis and sales expenses

  securities $0

• 7c · Gain or loss

  securities $147,044

• 7d · Net gain or loss

  total $147,044 · excluded $147,044

• 8a · Fundraising events: gross income

  $56,000

• 8a · Fundraising events: contributions included on line 1c

  $2,774,591

• 8b · Fundraising events: direct expenses

  $949,428

• 8c · Net income from fundraising events

  total -$893,428 · excluded -$893,428

• 11a · Other revenue: CO-PRODUCTION FUNDING

  total $595,000 · related or exempt $595,000

• 11b · Other revenue: INSURANCE PROCEEDS

  total $299,228 · related or exempt $299,228

• 11c · Other revenue: LOSS ON INVEST IN SUBS

  total -$2,332,196 · excluded -$2,332,196

• 11d · All other revenue

  total $246,668 · related or exempt $246,668

• 11e · Other revenue, total

  -$1,191,300

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $3,875 · program services $3,875

• 5 · Compensation of officers, directors and key employees

  total $437,058 · program services $301,507 · management and general $87,518 · fundraising $48,033

• 7 · Other salaries and wages

  total $3,859,670 · program services $2,662,619 · management and general $772,875 · fundraising $424,176

• 9 · Other employee benefits

  total $346,933 · program services $242,947 · management and general $70,520 · fundraising $33,466

• 10 · Payroll taxes

  total $367,202 · program services $253,317 · management and general $73,530 · fundraising $40,355

• 11b · Fees: legal

  total $67,718 · program services $52,189 · management and general $8,007 · fundraising $7,522

• 11c · Fees: accounting

  total $58,056 · program services $44,742 · management and general $6,865 · fundraising $6,449

• 11g · Fees: other

  total $860,948 · program services $666,084 · management and general $194,864

• 13 · Office expenses

  total $980,123 · program services $900,729 · management and general $15,499 · fundraising $63,895

• 14 · Information technology

  total $232,590 · program services $112,916 · management and general $105,179 · fundraising $14,495

• 15 · Royalties

  total $3,131 · program services $3,131

• 16 · Occupancy

  total $500,184 · program services $350,551 · management and general $110,156 · fundraising $39,477

• 17 · Travel

  total $266,924 · program services $233,176 · management and general $33,748

• 20 · Interest

  total $110,779 · program services $77,545 · management and general $22,156 · fundraising $11,078

• 22 · Depreciation, depletion and amortization

  total $68,723 · program services $47,112 · management and general $18,175 · fundraising $3,436

• 23 · Insurance

  total $540,400 · program services $268,111 · management and general $218,047 · fundraising $54,242

• 24a · Other expenses: MINOR EQUIPMENT

  total $596,668 · program services $546,873 · management and general $38,088 · fundraising $11,707

• 24b · Other expenses: REPAIRS & MAINTENANCE

  total $572,839 · program services $391,543 · management and general $125,609 · fundraising $55,687

• 24c · Other expenses: RECRUITMENT

  total $199,361 · program services $108,356 · management and general $55,807 · fundraising $35,198

• 24d · Other expenses: SUPPLIES

  total $76,923 · program services $41,809 · management and general $21,533 · fundraising $13,581

• 24e · All other expenses

  total $119,869 · program services $60,599 · management and general $44,592 · fundraising $14,678

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $7,916,430 · end of year $617,717

• 2 · Savings and temporary cash investments

  beginning of year $67,197 · end of year $6,121,971

• 3 · Pledges and grants receivable

  beginning of year $2,189,251 · end of year $2,935,628

• 4 · Accounts receivable

  beginning of year $166,603 · end of year $395,258

• 8 · Inventories for sale or use

  beginning of year $7,500 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $477,729 · end of year $88,838

• 10a · Land, buildings and equipment: cost or other basis

  $2,419,389

• 10b · Land, buildings and equipment: accumulated depreciation

  $2,211,230

• 10c · Land, buildings and equipment, net

  beginning of year $276,884 · end of year $208,159

• 13 · Investments: program-related

  beginning of year $65,937,853 · end of year $63,605,657

• 15 · Other assets

  beginning of year $11,992,789 · end of year $12,292,273

• 17 · Accounts payable and accrued expenses

  beginning of year $2,910,758 · end of year $2,787,498

• 19 · Deferred revenue

  beginning of year $2,143,753 · end of year $291,585

• 23 · Secured mortgages and notes payable

  beginning of year $1,848,717 · end of year $1,792,229

• 25 · Other liabilities

  beginning of year $15,898,369 · end of year $15,852,679

• 27 · Net assets without donor restrictions

  beginning of year $55,106,235 · end of year $52,439,886

• 28 · Net assets with donor restrictions

  beginning of year $11,124,404 · end of year $13,101,624

The filer's explanations (Part III)

PART I, LINE 3

THE BOARD REVIEWS AND APPROVES NEW COMPENSATION OFFERINGS (INCLUDING SALARY AND BENEFITS) AND ANY CHANGES TO COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR AND ARTISTIC DIRECTOR. IN SO DOING, THE BOARD HAS DONE THE FOLLOWING TO ENSURE THE COMPENSATION IS REASONABLE: (1) REVIEW HAS BEEN COMPLETED BY AN INDEPENDENT GROUP, WHICH INCLUDES BOARD MEMBERS (WHO RECEIVE NO COMPENSATION FROM THE ORGANIZATION); (2) THE REVIEW USES RELEVANT COMPARABILITY DATA; AND (3) COMPENSATION DECISIONS ARE DOCUMENTED IN OFFICIAL BOARD MEETING MINUTES.

PART I, LINE 7

NON-FIXED PAYMENTS WERE DISCRETIONARY, AS DETERMINED BY THE EXECUTIVE DIRECTOR AND DISTRIBUTED AMONG THE SENIOR MANAGEMENT TEAM.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• BH PERFORMING ARTS LANDLORD LLC

  RENTAL INCOME · LEASEHOLD INTEREST IN HISTORICAL POST OFFICE · CA · 100% owned · share of assets $71,110,195 · general or managing partner

  Directly controlled by BH PERFORMING ARTS MANAGER LLC