NEW-2017/18 Denver Center for the Performing Arts - Community Report

COMMUNITY REPORT

Photo by Brian Landis Folkins

“PETER LOOKS JUST LIKE ME!” — Student at The Snowy Day

INSPIRING

IF WE HAD ONE WORD TO DESCRIBE OUR 2017/18 SEASON, IT WOULD BE “INSPIRING.” From audiences who were mesmerized by the spectacular staging of the pre-Broadway debut of Disney’s Frozen to 19,000 tiny children who were spellbound at their very first play. From two extraordinary world premieres that we co-presented with West Coast theatres to the newly-renovated and highly-innovative Space Theatre. From a record-setting Saturday Night Alive to overwhelming support by Denver voters to help fund our upcoming Bonfils Theatre Complex renovations. From meaningful connections throughout our community such as Shakespeare performed at the library and art-in-healing activities with UCHealth to a curriculum partnership with Tiny Tots and our own Closed Captioning software development.

And then…there was Hamilton!

We were inspired by exceptional artistry. We were inspired by community conversations. We were inspired by educational excellence.

And we were — and continue to be — inspired by the generosity of our audiences, our donors, our sponsors, our partners and our neighbors throughout the region.

This Community Report illustrates our work over the past 12 months, but it also represents the engagement of individuals throughout the seven-county metro area and beyond who choose to make theatre a part of their lives. Without an audience, we are no more than actors on a stage. It is with an audience that words on a page become stories of a lifetime.

Thank you for making our stories possible.

Warm regards,

Janice Sinden President & CEO

Martin Semple Chairman

TABLE OF CONTENTS

Mission & Values ...................................................... 4 Artistic Impact.......................................................... 6 Education Impact.................................................. 10 Community Impact................................................14 Venue Impact...........................................................18 Giving Highlights...................................................20 Board of Trustees.................................................. 22 Key Partners............................................................23 Legacy Giving.........................................................24 Financial Information...........................................25 Epilogue................................................................... 30

Special thanks to citizens in the seven-county metro area for their support of the SCFD. This .01% tax that benefits cultural organizations allows the DCPA to broaden access through discounts and scholarships and create never-before-seen world premieres for our local audiences.

CORE VALUES 1

2

3

4 5

4

ACT WITH INTEGRITY

• Held meaningful community conversations and post-show talkbacks • Updated policies and practices to advance transparency and collaboration

ADVANCE EQUITY, DIVERSITY AND INCLUSION

• Provided training for staff and Trustees • Encouraged staff to create affinity groups around common interests • Launched a messaging campaign to promote respect and equity for internal and external audiences

PUT CUSTOMERS FIRST

• Exceeded accessibility standards in Space Theatre renovation • Offered Spanish-language translation at select performances of American Mariachi and Native Gardens • Developed software to provide closed captioning on personal handheld devices at select Theatre Company performances • Offered our first sensory-friendly performances in conjunction with Theatre for Young Audiences

PROMOTE A CULTURE OF EXCELLENCE & INNOVATION • Launched Theatre for Young Audiences, providing scholarships for 80% of attendees

INVEST IN STATE-OF-THE-ART FACILITIES

• Re-opened the newly renovated Space Theatre, enhancing accessibility, technology and overall patron experience • Participated in the passage of “Elevate Denver” to renovate the Bonfils lobby, Stage and Ricketson theatres • Trained staff on emergency response protocol and worked with the City to implement increased security measures in our venues

Erin Willis and Emily Van Fleet in The Wild Party.

Party Photo by Adams VisCom.

The Denver Center for the Performing Arts creates unforgettable shared experiences.

We do it by engaging audiences through the art of theatre, empowering our passionate team and sharing stories in landmark facilities.

ARTISTIC

6

2017/18 SHOWS & EVENTS BROADWAY

Michael James Scott (Genie) in Disney’s Aladdin. Photo by Deen van Meer.

The Book of Mormon Chicago Disney’s Aladdin ELF The Musical Disney’s Frozen Hamilton The Magic of Adam Trent Mannheim Steamroller Christmas by Chip Davis RENT 20th Anniversary Tour Rob Lowe — Stories I Only Tell My Friends LIVE! Rodgers & Hammerstein’s The King and I School of Rock Something Rotten!

STOMP Waitress

CABARET Dixie’s Tupperware Party First Date For the Love of George Girls Only — The Secret Comedy of Women Lady Day at Emerson’s Bar & Grill Men are from Mars, Women are from Venus LIVE!

COLORADO NEW PLAY SUMMIT Mama Metallica The Couches Christa McAuliffe’s Eyes Were Blue Celia, A Slave

COMMUNITY EVENTS Breakin’ Convention 303Jam Bobby G Awards Ceremony

1,143

PERFORMANCES

43 29,891

SHOWS

SUBSCRIBERS

850,782 ATTENDANCE

8,442

$10 SCFD TICKETS

$193.4M

ECONOMIC IMPACT

THEATRE COMPANY American Mariachi A Christmas Carol The Great Leap Human Error Macbeth Native Gardens Smart People The Who’s Tommy Zoey’s Perfect Wedding

OFF-CENTER Mixed Taste Remote Denver The SantaLand Diaries This is Modern Art The Wild Party

THEATRE FOR YOUNG AUDIENCES The Snowy Day and Other Stories

by Ezra Jack Keats

The company of The Who’s Tommy. Photo by AdamsVisCom.

ARTISTIC

“I LOVED

LOVED LOVED THIS SHOW!

– Patron response to The Who’s Tommy 8

Jelani Alladin (Kristoff) and Patti Murin (Anna) in Frozen. Photo by Deen van Meer

BROADWAY

for making my oldest daughter’s first theater experience the best!”

– Patron response to Frozen

Jordan Leigh in First Date. Photo by Emily Lozow

Lauren Shealy, Seth Dhonau, Steven J. Burge, Adriane Leigh Robinson and

CABARET

OFF-CENTER

Remote Denver. Photo credit: AdamsVisCom.

“THANK YOU

Artistic excellence is more than a goal at the Denver Center for the Performing Arts. It is a passion.

In fiscal year 2018, our four distinct lines of programming — Broadway, Theatre Company, Cabaret, OFF-Center — were made possible by the 850 individuals who worked tirelessly to present and produce 43 distinct stories. These productions explored contemporary topics, revived classic works, challenged preconceived ideas and simply entertained. Their extraordinary artistry took centerstage and was best showcased through two musicals.

Our own locally-produced version of The Who’s Tommy was the culmination of our Theatre Company’s 39th season. It rocked the house…literally. It raised the roof…literally.

And the neon lights put you smack dab in the middle of the Pinball Wizard’s world. With five elevators, a massive turntable, innovative three-dimensional sound design, real-time multimedia projection and a dual level set, audiences were mesmerized by the artistry of this locally-produced musical that was on par with anything you’d see in New York.

Speaking of Broadway, Disney Theatrical Productions once again selected the DCPA as its trusted partner to bring a fairy tale to life on stage. Thanks to a relationship that spans 20 years and 14 productions, our audiences were chosen to be the first in the world to see Frozen, the Broadway-bound megahit musical. As one of the biggest and most reliable Broadway stops on the national touring circuit, Disney has a love affair with Denver audiences who came in droves to the seven-week run.

Throughhout our season, exceptional artistry captivated more than 850,000 patrons, of which 30,000 were loyal subscribers. Collectively, they accounted for a $193.4 million economic impact and, more importantly, contributed to the increasing cultural vitality of the metro Denver region.

EDUCATION

231

2,125

UNIQUE SCHOOLS

EDUCATIONAL OPPORTUNITIES

134,826

12,354

CONTACT HOURS

SCHOLARSHIPS VALUED AT $300,357

ENGAGED STUDENTS 10

2017/18 EDUCATIONAL PROGRAMS AUDIENCE ENGAGEMENT

Kids' Night on Broadway

Pre-show activities paired with a "kids go free with an adult" ticket Perspectives Presentations by creative teams about upcoming plays Talkbacks Discussions after student matinees and public performances Tours Backstage tours for audiences and student groups

IN-SCHOOL

Bobby G High School Musical Theatre Awards Professional review of the best in high school musical theatre Book Stars Hands-on creative activities that stimulate literacy Career Readiness & Job Shadowing First-hand exposure to theatre careers Denver Public Schools Shakespeare Festival Workshops and co-presentation of the DPS Shakespeare Festival Dramatic Learning Fully customizable arts integration to complement core curriculum High School Playwriting Workshops & Competition Program to nurture young writers and develop new plays Shakespeare in the Parking Lot Adaptations of Shakespeare for high school students paired with workshops stART Workshops Programs to build communication, collaboration and innovative thinking Professional Development for Teachers Photo by Adams VisCom

Tools to activate student engagement

ON-SITE Acting Classes

Private Coaching Student Matinees

H Hamilton Company © Joan Marcus

EDUCATION

12

“BEST SHOW

EVER!” – Patron response to Hamilton

THEATRE FOR YOUNG AUDIENCES

“MY KIDS LOVED THE PERFORMANCE!

IT WAS JUST AS MUCH FUN TO WATCH THEM AS IT WAS TO SEE THE SHOW.” Photo by John Moore

— Teacher at The Snowy Day

Photo by John Moore

IN-SCHOOL PROGRAM SHAKESPEARE IN THE PARKING LOT

Photo by Brian Landis Folkins

ACTING CLASSES

Study after study indicates that exposure to arts improves student achievement, develops creative thinkers, builds confidence and is just plain ol’ fun.

In fiscal year 2018, DCPA Education decided to expand its scope with an ambitious new undertaking. In addition to its acting classes, in-school curriculum and matinees for older students, Theatre for Young Audiences is a live performance specifically designed for PreK through third grade children.

The Snowy Day and Other Stories was selected to launch the new program. Written in 1962, author Ezra Jack Keats did something extraordinary. He placed an African-American boy squarely at the center of a children’s book. Fifty-five years later, Peter’s story was once more transformative. Tiny tots no higher than your knee gathered together for this entirely new experience.

Some were curious. Others were unsure. And a few were so excited they wanted to climb right up on stage.

Because most of our 19,000 “littles” had never seen a play or been to a theatre or seen grownups dress up and act silly. And, more importantly, some had never seen someone who looked like them at the heart of the story.

Similarly, the national touring production of Hamilton garnered international acclaim for its unconventional casting. An African American George Washington, a Latin Alexander Hamilton, an Asian Aaron Burr…singing rap.

“Oh no he didn’t” wasn’t a line delivered from the stage.

Instead, it echoed throughout The Buell Theatre from the audience of 2,830 high school students who not only experienced a Broadway musical for the first time, but saw themselves reflected on stage. The sold-out, highly anticipated musical by Lin-Manuel Miranda transformed not just Broadway, but the American theatre. And at one very special performance, these high school students broke the fourth wall not even realizing it was there to be broken. They leaned in. They yelled out. They sat captivated as they not only witnessed a ground-breaking theatrical event, but they also learned something about our founding fathers and discovered new opportunities for themselves.

That is the power of theatre and arts education. They open up new avenues to explore, instill curiosity, push boundaries and encourage us to think.

COMMUNITY

2,517

20,588

VOUCHERS VALUED AT $94,360

FREE & DISCOUNTED ADMISSIONS

36,989

221

STUDENT DISCOUNTS

GUESTS AT COMMUNITY CONVERSATIONS

$31,125 IN DONATED EDUCATION SPACE 14

Marco Robinson and Robert Lee Hardy in This Is Modern Art. Photo by Adams VisCom.

2017/18 COMMUNITY PARTNERSHIPS 5x5 Biennial of the Americas Boulder Ensemble Theatre Company Boys and Girls Club Toy Drive The Bridge Project Bringing Back the Arts Cafecito Children’s Hospital City of Denver: MyDenver Card & The Next Stage Colorado Crush Colorado Thespian Convention & Teacher Conference Colorado Business Committee for the Arts DU Bridge Project Denver Art Museum Denver Arts & Venues Denver Botanic Gardens Denver Chamber of Commerce Leadership Foundation Denver Museum of Nature & Science Denver Parks & Recreation The Denver Post Denver Public Library Denver Public Schools Denver Public Schools Foundation Denver Public Works Denver StartUp Week Denver Zoo - Boo @ the Zoo Equity Commonwealth Fun with Pinball Heather Gardens Juneteenth Latina's Lead Littleton Town Hall Lyft MCA Denver Mexican Cultural Center Mi Casa Family Resource Center Old Globe Theatre Dr. Leonor Perez Phamaly RTD Rainbow Alley ReSchool Rocky Mountain PBS Scientific & Cultural Facilities District Seattle Repertory Theatre Second Start to the Right Children's Bookstore Stanley Marketplace Statera Foundation and Conference Tabor Center Tiny Tots Union Station Denver Writer's Square

COMMUNITY

“The workshop for American Mariachi… ignited our interest in Mexican culture and

MADE US FEEL EMPOWERED TALKING ABOUT OUR DREAMS.” Amanda Robles in American Mariachi by Adams VisCom.

— Participant

16

“Thank you so much for hosting the discussion last night for American Mariachi. It was conducive to a true

DIVERSITY OF THOUGHT AND EXPRESSION.”

The cast of Annie. Photo courtesy of Phamaly.

Photo by John Moore

— Participant

When the DCPA opened in 1979, founder Donald R. Seawell said that it was intended to be “a performing arts center for the benefit of mankind, and particularly Denver and the Rocky Mountain community.” Nearly 40 years later, the DCPA has recommitted itself to serving the needs of our community.

To inform these efforts we hosted a series of community conversations to better understand the needs, obstacles and opportunities of our neighbors.

More than 100 representatives of our Latinx community joined us for one such conversation. While many came to get a glimpse of our world premiere of American Mariachi, just as importantly they came because they were invited to help us understand their barriers to participation. We asked. They answered. We listened. They shared. Through tears, laughter and song we heard that our friends don’t see themselves in our theatres. But they most certainly want to be part of our story. Because of their heartwarming honesty, we recruited Latinx lobby greeters, translated the play and provided materials in Spanish.

Just as we renewed and developed partnerships, so too did we continue to nurture long-standing relationships such as our 27-year partnership with Phamaly Theatre Company.

Through a unique partnership with the DCPA, Phamaly — a nationally-recognized theatre company comprised entirely of persons with disabilities — performs in The Space Theatre each summer and utilizes the studios in the Newman Building for auditions and rehearsals. Phamaly company members also take classes held in our Education facilities, many of whom benefit from the Lewis E. Meyers, Jr. Scholarship program.

And like any great partnership, we, in turn, gain input on accessibility issues, offer classes led by their professionals and entertain our audiences with top notch productions. In fiscal year 2018, this relationship resulted in Phamaly’s summer production of Annie.

Through rehearsal space, event participation, ticket donations, and expanded accessibility services, we created our connections with the community and create opportunities to be in service to our neighbors.

Cast of Macbeth. Photo by John Moore

VENUE

18

The demolition was long done. The renovation was nearly complete. Transformation of the 37-year-old Space Theatre was on schedule. And then Petya hit. A computer virus shut down global transportation and our new seats were stuck. Time was of the essence. The Theatre Company’s season was set to open in weeks. Rehearsals for Macbeth were underway. Actors and artists were anxious to claim the house and become acquainted with the new lighting, sound and staging features. But the finishing touch could not be found. When finally the delivery was made, it was all hands on deck. In an incredible display of teamwork and collaboration, The Space Theatre was completed just in time for the curtain to rise.

In addition to the thousands of patrons who attended productions in The Space Theatre this season, more than 60,000 guests visited our rental venues including the Seawell Ballroom, Directors Room, theatres, studios and lobbies. In order to ensure that these facilities complement the world-class productions on our stages, Denver voters approved bond funds to renovate additional spaces over the course of the next four years. We are so grateful for this outpouring of community support.

194

60,390

RENTAL AND PARTNER EVENTS

GUESTS UTILIZING VENUES

20

Photo by Brian Landis Folkins

GIVING THANK YOU.

The words are so simple yet cannot be expressed enough. The ongoing support of our donors, sponsors, residents and volunteers makes everything we accomplished in fiscal year 2018 possible.

A highlight of this year’s fundraising efforts was the 37th annual Saturday Night Alive. It was sizzling. It was sensational. And it was an evening of firsts. For the first time in the event’s history, we paired the fundraiser with a Broadway show. Hamilton was a sure-fire sell out. Then we grew the crowd to 1,000 and split the festivities between the Seawell Ballroom and The Buell Theatre making the evening alive with energy. And finally, the event netted a whopping $1.15 million for arts and education, which provides funding for our productions as well as programs for 144,000 students each year.

Your support was — and continues to be — inspiring.

$3,164,058

$4,506,521

IN-KIND DONATIONS

INDIVIDUAL, CORPORATE & FOUNDATION

$1,794,011

$6,968,660

FUNDRAISING EVENTS

SCFD CONTRIBUTION

580

$5,268,886

VOLUNTEERS

CAPITAL CAMPAIGN

CUMULATIVE GIVING

DCPA BOARD OF TRUSTEES & EXECUTIVE STAFF

Cast of the Something Rotten! National Tour. © Jeremy Daniel

BOARD OF TRUSTEES Martin Semple, Chairman Daniel L. Ritchie, Immediate Past Chairman William Dean Singleton, Secretary/Treasurer Robert Slosky, Vice Chairman Dr. Patricia Baca Joy S. Burns Isabelle Clark Navin Dimond L. Roger Hutson

Robert C. Newman Alan Salazar Hassan Salem Richard M. Sapkin June Travis Ken Tuchman Tina Walls Dr. Reginald L. Washington Judi Wolf Sylvia Young

HONORARY TRUSTEES Margot Gilbert Frank Jeannie Fuller M. Ann Padilla Cleo Parker Robinson Lester L. Ward

HELEN G. BONFILS FOUNDATION BOARD OF TRUSTEES

“GREAT STORIES ARE TOLD BY GREAT STORYTELLERS. We are grateful to our Trustees and teammates who inspire audiences through the power of storytelling.”

– Martin Semple, Chairman

William Dean Singleton, President Martin Semple, Vice President Judi Wolf, Secretary/Treasurer Lester L. Ward, President Emeritus L. Roger Hutson David Miller Robert C. Newman Daniel L. Ritchie Hassan Salem Robert Slosky June Travis Dr. Reginald L. Washington

EXECUTIVE MANAGEMENT Janice Sinden, President & CEO Chris Coleman, Artistic Director, Theatre Company Clay Courter, Vice President, Facilities & Event Services John Ekeberg, Executive Director, Broadway & Cabaret Lisa Mallory, Vice President of Marketing Vicky Miles, Chief Financial Officer Yovani Pina, Vice President, Information Technology Shaunda Van Wert, Vice President, Human Resources Charles Varin, Managing Director, Theatre Company Allison Watrous, Executive Director, Education Trustees & Management as of June 30, 2018

22

FOUNDATIONS, PRODUCING PARTNERS & SPONSORS More than 1,200 individuals, companies and foundations supported the work on our stages, in our classrooms and throughout our community. Thank you for letting us share stories to last a lifetime.

SEASON SPONSORS CBS4 Daniel L. Ritchie The Denver Post Great Divide Brewing Co. Larimer Square Scientific & Cultural Facilities District UCHealth United Airlines

SPECIAL EVENTS & MEMBERSHIP SPONSORS

EDUCATION CONTRIBUTORS Anadarko Petroleum Corporation Belay Fund

AARP Alpine Bank Assist2Hear Atlantic Trust Private Wealth Management BKD CPAs & Advisors Clos du Bois Colorado Oil & Gas Industry

Mary & Barry Berlin The Blanche & Irving Laurie Foundation Tom & Lisa Corley / Corley Legacy Foundation Denver Post Community Foundation Fine Arts Foundation Keith & Kathie Finger Katie & Alan Fox

SHOW PARTNERS

Colorado State Bank & Trust

Sheri & Lee Archer / New Wave Enviro

Keith & Katie Finger

Kristin and Jim Bender

Genesee Mountain Foundation

Joy Burns

HealthONE

Isabelle Clark

Will La Bahn

Edgerton Foundation New Play Award

Larimer Square

Margot & Allan Frank

Macy’s

Hard Rock Cafe

Robert & Judi Newman / Newman Family Foundation

Microsoft

The Joan & Phill Berger Charitable Fund

Noble Energy

PDC Energy

Diana & Mike Kinsey

The Piton Foundation

SRC Energy

Ruth Krebs & Peter Mannetti

Ralph L. & Florence R. Burgess Trust

Trice Jewelers

Riverfront Park Community Foundation

Macy’s

Tuchman Family Foundation

Robert & Carole Slosky Fund for Education

National Endowment for the Arts

U.S. Bank

The Ross Foundation

Robert & Judi Newman

United Airlines

The Salah Foundation

Daniel L. Ritchie

Westin Denver Downtown

Scientific & Cultural Facilities District

Semple Brown Design

Xcel Energy

Gift in memory of Don Scott

Epicurean Group

Margot & Allan Frank Genesee Mountain Foundation Kinder Morgan Foundation Lewis E. Myers Jr. Scholarship Fund Liberty Global Mabel Y. Hughes Charitable Trust

Martin & Jo Ann Semple

Target

Susan & Jeremy Shamos

Theatre Forward

The Shubert Foundation

Transamerica

Singleton Family Foundation

June Travis

Robert & Carole Slosky

U.S. Bank

Temple Hoyne Buell Foundation

United Airlines

June Travis

Walter S. Rosenberry III Charitable Trust

U.S. Bank University of Colorado Walter S. Rosenberry, III Charitable Trust The Westin Denver Downtown

“The DCPA is an organization that is dedicated to bringing play to everyone in our community. DCPA is an outstanding organization, providing amazing performances, programs and outstanding arts education.”

– Hassan Salem, Regional President of U.S. Bank

HONOR/MEMORIAL GIFTS

GIVING

Dianne Bartlett in memory of Randy Wren Carol Campigotto in memory of Michael Warnell Mary Lynn Darcy in honor of Murri Bishop B. Louise Dave in memory of Robert “Bob” Phillips Julia Grimes in honor of Martin Semple Barry and Arlene Hirschfeld in honor of Marvin and Judi Wolf Edward Hurry in memory of Dr. Roberta Shaklee Michael Magee in memory of Nancy Marzec Hallie Withrow in memory of Actor Ann Guilbert

ENCORE SOCIETY

Mr. Bill Love

Mr. Hartman Axley

Alan & Carol Meny

Ms. Holly Bachmeyer

Mrs. Lynnette Morrison

Ms. Leslie Beltrami

Ron & Judie Neel

Dr. Angela Betker & Dr. Anthony Simon

Ms. Marilyn Oliver

Mr. Robert Blauvelt & Mr. Michael Corrigan

Daniel L. Ritchie

Ms. Libby Bortz Ms. Susan Burrows

We are grateful to those who have included the DCPA in their estate planning.

Your generosity will inspire actors, artists, students, staff and audiences for generations to come.

Ms. Anne Burton Mr. Jim Caputo Mr. & Mrs. Thomas Carson Mrs. Isabelle Clark Mr. Dale Colclasure Mr. Clay Courter Mr. Leslie Crispelle & Mr. Glenn Tiedt Mr. Michael Donner Mr. & Mrs. John Downing Mr. & Mrs. Joseph Elinoff Mr. & Mrs. Keith Finger Mr. & Mrs. John Fuller Ms. Barbara Garlinghouse Mr. Thomas Graham & Ms. Judith Pettibone Chuck & Pat Griffith Mrs. Jane Hays Terry & Noel Hefty Paul & Sandy Jeffery Mr. Paul R. Jeselnick & Mr. Andy W. Strickland Ms. Martha Kelce Susan & Leo Kiely Mike & Diana Kinsey Mr. William La Bahn Ms. Sandy Leerskov

24

Ms. Ellyn E. Lyman Ms. Elaine Maykowski

Ms. Linda Rieger Harvey & Audrey Rothenberg Mr. Bruce Schmidt Ms. Carol Sellman Martin & Jo Semple Bob & Carole Slosky Roger & Michelle Stansbury Ms. Susan Stiff Jim & Jenene Stookesberry Mrs. June Travis Mr. John Van Epps Richard & Sharon Wagner Ms. Dolores Wilson Marvin & Judi Wolf Dr. Eve Wood & Mr. Thomas Wieber

INFORMATION JUNE 30, 2018 AND 2017

REVENUE $90,773,485 GROSS

BROADWAY THEATRE COMPANY EDUCATION CONTRIBUTED SUPPORT CAPITAL CAMPAIGN OTHER OPERATING INCOME SCFD

$53,080,173 5,888,662 961,179 9,464,590 5,268,886 9,141,335 6,968,660

EXPENSES $82,617,820 GROSS

BROADWAY THEATRE COMPANY EDUCATION FUNDRAISING SUPPORTING SERVICES

$51,464,824 16,995,980 2,180,815 2,469,271 9,506,930

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

June 30, 2018 and 2017

2018

2017

Assets Current assets: Cash and cash equivalents Accounts receivable, net Contributions receivable, net Inventories and deferred production costs Total current assets

$

22,779,648 3,435,612 350,567 3,775,850 30,341,677

$

14,668,873 3,438,878 526,491 2,862,788 21,497,030

Unrestricted investments

10,595,568

10,486,810

Restricted cash Restricted investments Contributions receivable, net Contributions receivable - capital campaign Equipment, leasehold improvements, and work in progress, net Memorabilia and tapestries

909,424 4,493,407 37,809 3,817,636 11,140,415 331,630

123,238 4,212,263 23,913 9,201,256 331,630

Total assets

$

61,667,566

$

45,876,140

$

5,230,707 22,066,564 3,103,782 1,031,307 1,001,810 11,530 40,925 32,486,625

$

3,129,772 19,349,539 1,167,517 1,273,611 11,530 44,910 24,976,879

Liabilities and Net Assets Current liabilities: Accounts payable and accrued expenses Deferred ticket receipts Deferred service fees Deferred contributions Other deferred revenue Current portion of planned gift annuities Current portion of capital lease obligations Total current liabilities Planned gift annuities, less current portion Capital lease obligations, less current portion Total liabilities

195,912 153,774 32,836,311

203,224 20,447 25,200,550

18,398,538 9,061,761 1,370,956 28,831,255

15,334,273 3,970,361 1,370,956 20,675,590

Commitments Net assets: Unrestricted Temporarily restricted Permanently restricted Total net assets Total liabilities and net assets

26

$

61,667,566

$

45,876,140

CONSOLIDATED STATEMENT OF ACTIVITIES

Temporarily Restricted

Unrestricted Revenues, gains, and other support: Ticket sales: Broadway division Theatre Company division Education division Tuition Investment income, net Other operating income Contributed support: Scientific and Cultural Facilities District Capital campaign contributions Individual, corporate, foundation, and other support Special events In-kind support Net assets released from restrictions Net assets released from restrictions - capital campaign Total revenues, gains, and other support

$

Expenses: Program expense: Broadway division Theatre Company division Education division Total program expense

53,080,173 5,888,662 132,583 828,596 165,310 8,695,805

June 30, 2018

$

280,220 -

Permanently Restricted

$

-

Total

$

53,080,173 5,888,662 132,583 828,596 445,530 8,695,805

5,317,936 -

1,650,724 5,268,886

-

6,968,660 5,268,886

4,105,940 1,772,395 3,164,058 1,954,413

400,581 21,616 (1,954,413)

-

4,506,521 1,794,011 3,164,058 -

576,214 85,682,085

(576,214) 5,091,400

-

90,773,485

51,464,824 16,995,980 2,180,815 70,641,619

-

-

51,464,824 16,995,980 2,180,815 70,641,619

Fundraising expense: Development Special events Total fundraising expense

1,209,285 646,092 1,855,377

-

-

1,209,285 646,092 1,855,377

Supporting services: Administration Event services Total supporting services

5,545,161 2,321,774 7,866,935

-

-

5,545,161 2,321,774 7,866,935

Costs of direct benefits to donors Total expenses before depreciation and amortization and loss on disposal of assets

613,894

-

-

613,894

80,977,825

-

-

80,977,825

Loss on disposal of assets Depreciation and amortization Total expenses

110,179 1,529,816 82,617,820

-

-

110,179 1,529,816 82,617,820

-

8,155,665

Change in net assets Net assets, beginning of year Net assets, end of year

$

3,064,265

5,091,400

15,334,273

3,970,361

18,398,538

$

9,061,761

1,370,956 $

1,370,956

20,675,590 $

28,831,255

CONSOLIDATED STATEMENT OF ACTIVITIES

Temporarily Restricted

Unrestricted Revenues, gains, and other support: Ticket sales: Broadway division Theatre Company division Education division Tuition Investment income, net Other operating income Contributed support: Helen G. Bonfils Foundation Scientific and Cultural Facilities District Individual, corporate, foundation, and other support Special events In-kind support Net assets released from restrictions Total revenues, gains, and other support

$

Expenses: Program expense: Broadway division Theatre Company division Education division Total program expense

$

352,194 -

500,000 5,106,472

1,534,975

3,984,278 1,461,056 2,250,281 2,339,347 57,609,852

31,500 36,336 (2,339,347) (384,342)

Permanently Restricted

$

-

Total

$

-

27,471,756 5,454,068 8,980 830,864 619,806 7,935,138 500,000 6,641,447

1,000 1,000

4,016,778 1,497,392 2,250,281 57,226,510

27,766,629 16,008,203 1,749,895 45,524,727

-

-

27,766,629 16,008,203 1,749,895 45,524,727

Fundraising expense: Development Special events Total fundraising expense

1,123,483 572,774 1,696,257

-

-

1,123,483 572,774 1,696,257

Supporting services: Administration Event services Total supporting services

3,950,110 1,979,659 5,929,769

-

-

3,950,110 1,979,659 5,929,769

Costs of direct benefits to donors Total expenses before depreciation and amortization

392,178

-

-

392,178

53,542,931

-

-

53,542,931

Depreciation and amortization Total expenses

926,885 54,469,816

-

-

926,885 54,469,816

Change in net assets

3,140,036

Net assets, end of year

(384,342) 4,354,703

12,194,237

Net assets, beginning of year

28

27,471,756 5,454,068 8,980 830,864 267,612 7,935,138

June 30 2017

$

15,334,273

$

3,970,361

$

1,000

2,756,694

1,369,956

17,918,896

1,370,956

$

20,675,590

CONSOLIDATED STATEMENTS OF CASH FLOWS

June 30, 2018 and 2017

2018 Cash flows from operating activities: Change in net assets Adjustments to reconcile change in net assets to net cash provided by operating activities Depreciation and amortization Amortization of discount on contributions receivable Loss (gain) on disposal of equipment Change in value of gift annuity Realized and unrealized (gains) losses on investments Contributions restricted for investment in endowment (Decrease) increase inoperating operating liabilities: (Decrease) (Decrease) increase increase in in operating assets: assets: Inventories and deferred production costs Other deferred revenue Accounts receivable Contributions receivable Inventories and deferred production costs (Decrease) increase in operating liabilities: Accounts payable and accrued expenses Deferred ticket receipts Deferred service fees Deferred contributions Other deferred revenue Net cash provided by operating activities

$

2017

8,155,665

$

2,756,694

1,529,816 (104) 110,179 4,218 (256,765) -

926,885 337 (409) 4,264 (545,684) (1,000)

3,266 (5,106,754) (913,062)

(658,103) (421,946) (719,116)

2,100,929 2,717,025 3,103,782 (136,210) (271,801) 11,040,184

(1,973,747) 4,065,460 140,307 127,458 3,701,400

(3,389,950) (21,770,927) 21,637,790 (786,186) (4,309,273)

(1,135,657) (26,055,038) 25,952,431 (39,406) (1,277,670)

Cash flows from financing activities: Principal payments on capital lease obligations Contributions restricted for investment in endowment Proceeds from capital campaign contributions Payments of gift annuity obligations Net cash provided by (used in) financing activities

(59,856) 1,451,250 (11,530) 1,379,864

(43,585) 1,000 (11,530) (54,115)

Net increase in cash and cash equivalents

8,110,775

2,369,615

14,668,873

12,299,258

Cash flows from investing activities: Purchase of equipment, leasehold improvements, and work in progress Purchase of investments Proceeds from sales of investments Receipt of non-current restricted cash Net cash used in investing activities

Cash and cash equivalents, beginning of year $

22,779,648

$

Equipment acquired under capital lease

$

189,204

$

Equipment, leasehold improvements, and work in progress in accounts payable

$

Cash and cash equivalents, end of year

14,668,873

Supplemental disclosure of non-cash activity:

-

$

668,999

The stories on our stages spill out into our community.

These aren’t stories from a script — they are stories that we write with our friends, partners and neighborhoods.

Audiences in Denver, San Diego and Seattle all welcomed the world premieres of American Mariachi and The Great Leap.. These new works, which were originally read as part of the DCPA’s Colorado New Play Summit, were developed as full co-productions which debuted in Denver before transferring to the West Coast.

More than 6,000 children were enthralled by literal “surround sound” when the DCPA collaborated with Inside the Orchestra to develop curriculum and provide teaching artists to complement Tiny Tots performances in community centers throughout the region.

Children from the Craniofacial Center at Children’s Hospital got a treatment of an altogether different kind when they received a shot of confidence paired with a dose of fun through hands-on theatre-inspired activities.

In partnership with Denver Public Library and Riverfront Park Community Foundation, families and residents in downtown Denver were inspired by the Bard through free performances of Shakespeare in the Parking Lot at parks and public spaces.

When the company that provided closed captioning service for our Theatre Company productions went out of business, our IT department stepped in. The team developed our own software for use on personal handheld devices. Plus, we introduced Spanish-language translation at select performances so that more people could enjoy live theatre. By utilizing our audiodescription devices, audiences enjoyed American Mariachi and Native Garden this season.

Mayor Michael Hancock, Denver City Council and Denver citizens all voiced their public support of culture in our community through the passage of the General Obligation Bond funds. Called Elevate Denver, this overwhelming support will provide $19 million to fund the renovation of the DCPA’s Stage and Ricketson theatres.

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Whether you are a Trustee, a tiny tot, an artist, an advocate, a community partner, team member or a volunteer, you make our story complete.

Linden Tailor in The Great Leap. Photo by AdamsVisCom.

THANK YOU FOR MAKING 2017/18 INSPIRATIONAL.

1101 13th Street, Denver, CO 80204 303.893.4000 • denvercenter.org (left) Rachel Kae Taylor, Robert Lee Hardy and Zak Reynolds In The Snowy Day. Photo by Emily Lozow

(cover) Patti Murin (Anna) and John Riddle (Hans) in Frozen. Photo by Deen van Meer