ANNUAL REPORT JUNE 2015
FY14 October 1, 2013 September 30, 2014
FULFILLING OUR MISSION The Nantucket Dreamland Foundation is dedicated to enriching the cultural and intellectual life of Nantucket by providing year-round films, educational programs, and a venue for activities that engage Nantucket in the evolving world of digital entertainment and education. Much more than just a movie theater, the Dreamland presents yearround films, educational programs and world-class entertainment while providing a venue for community activities.
THE BENEFITS OF MEMBERSHIP Membership offers wonderful year-round benefits while supporting our diverse programming. Choose a level that’s right for you and enjoy discounted or free movie tickets and concession items, free member events, discounts on live-broadcast performances, and more! Our new Business Membership program offers a variety of benefits including passes and discounts that you can use to reward or thank employees, clients and vendors and in return we will showcase your business on screen and in print. There are many levels of support to choose from so you can find the one that best meets the priorities of your organization. To learn more about memberships and screen partnerships please contact our development associate Grace Hull grace@nantucketdreamland.org or 508.332.4822x102.
Over 500 individual members and more than 50 business partners in 2015
Thank you for your support.
W
ith your generosity and support the Dreamland has sold over 65,000 tickets for events ranging from blockbuster movies to children’s drama programs like last summer’s Seussical. Ticket revenue is very important, but other sources including concession sales, venue rentals, philanthropic support, and partnerships with varied local organizations and philanthropic support is critical to offset our operating expenses. We are pleased that the Dreamland has quickly re-assumed its historic place setting as an island institution and as we enter our fifth season of operation we are changing our focus from start-up mode including extensive capital investments to sustainable operation. Our long term goals will be seeking a much needed building endowment to offset depreciation losses and to ensure our organization’s health. Share all that we have to to offer with your friends, become a member and/or come enjoy a movie. We are thrilled to be a part of the community and we are grateful for your continued support. Bill Liddle President, NDF Board of Directors
Melissa Murphy Executive Director
CONNECTING OUR COMMUNITY Our belief in the immeasurable benefit that access to world-class performances provides is shared with our many community partners. In addition, our collaborations showcase diverse local talents and provide a much-needed venue in the heart of downtown Nantucket.
CHILDREN’S THEATER EDUCATION Now in our 6th year! Dreamland theater students ages 6-19 learn from highly-qualified professional staff while appearing on stage in age-appropriate groups throughout the year. Scholarships are provided to ensure families at any income level are able to participate. Sold-out shows are a regular occurrence at any time of the year due to the exceptional quality of our productions.
PARTNERS IN PROGRAMMING Alliance for Substance Abuse Prevention Autism Speaks Berklee School of Music Children's House of Nantucket Community Christmas Pageant Egan Maritime Institute Electric Flow Yoga Friends of Nantucket Public Schools JFK Hyannis Museum Makers: Women Who Make America Nantucket Arts Council Nantucket Atheneum Nantucket Ballet Nantucket Book Festival
Nantucket Comedy Festival Nantucket Community Music Center Nantucket Community School Nantucket Film Festival Nantucket Historical Association Nantucket Hotel Nantucket New School Nantucket New Years Nantucket Preservation Trust Nantucket Surf Club One Book One Island The Nantucket Project Theater Workshop of Nantucket Walden Chamber Players WCAI White Heron Theater Company
GIVE bACK BENEFIT MOVIE NIGHTS The Dreamland understands the value of community support for Nantucket’s many nonprofit organizations. Our Give bACK program donates a portion of proceeds from one screening a month in the offseason to help other nonprofits raise funds and awareness. Beneficiaries have included: A Safe Place Artists Association of Nantucket Community Foundation for Nantucket Friends of Nantucket Public Schools Nantucket Dolphins Swim Team Nantucket Preservation Trust Nantucket Skating Club Palliative & Supportive Care of Nantucket Small Friends on Nantucket
OUR ANNUAL GALA A standout summer event, our annual Stage and Screen Gala highlights our commitment to provide exceptional cinematic and cultural opportunities for Nantucket, year-round, in our downtown theater. Special guests have included Robert De Niro, Michael Douglas, Sharon Stone, and Bill Belichick. Sponsors and ticket holders enjoy an intimate evening staged throughout the building, including cocktails, a program with our special guests in the main theater, and an after-party filled with live music and plenty of food and drink. Gala sponsorship packages and individual ticket sales are vital to the fiscal health of our year-round operations. We thank everyone who helps make this memorable evening such a success. For more information on this year’s Gala please visit: www.nantucketdreamland.org
Rita Braver interviews Robert De Niro and Michael Douglas on the main stage at the 2013 Gala
NANTUCKET DREAMLAND FOUNDATION FINANCIAL STATEMENT Assets Cash/Investment/Other Assets: $844,511 Contributions/Receivables: $314,645 Fixed Assets: $26,975,376 Total Assets: $28,134,532 Liabilities and Net Assets Current Liabilities: $405,177 Notes Payable: $2,775,000 Net Assets: $24,954,355 Total Liabilities and Net Assets: $28,134,532 Revenues Contributions and Grants: $898,306 Program Income: $1,282,140 Investment and Other Income: $23 Total Revenues: $2,180,469 Expenses Program $1,564,034 Management & General: $483,314 Fundraising: $313,828 Depreciation; $653,661 Total Expenses: $3,014,837 Net Assets Beginning of Year: $25,788,723 End of Year: $24,954,355 Changes in Net Assets: $(834,368)
For fiscal year ending September 30, 2014 6.
NANTUCKET DREAMLAND FOUNDATION BOARD OF DIRECTORS Bill Liddle James Pallotta Charles Ryan Kathy Penske Wendy Schmidt
President Vice President Treasurer Secretary Immediate Past President
Nancy Armstrong Margaret Boasberg Jonathan Burkhart Steven Cohen Dan Driscoll Rachel Hobart John Johnson Cindy Jones Lesley King-Grenier Norman Levenson Dan Markley Charley Polachi Angela Raynor Barry Sternlicht Philippe Laffont, Founder Emeritus
Nantucket Dreamland Foundation PO Box 989, Nantucket, MA 02554 508.332.4822 • info@nantucketdreamland.org Nantucket Dreamland Theater • 17 South Water Street The Nantucket Dreamland Foundation is an operating 501(c)(3) nonprofit corporation and public charity.