TY 2014 Form 990

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)
(1) AMY BRAKEMAN........................................................................ TRUSTEE	1.00 .......................	X		0	0
(2) LAURIE BURT........................................................................ TRUSTEE	1.00 .......................	X		0	0
(3) PAUL BUTTENWIESER........................................................................ TRUSTEE	1.00 .......................	X		0	0
(4) KEVIN COSTIN........................................................................ TRUSTEE	1.00 .......................	X		0	0
(5) ROANN COSTIN........................................................................ TRUSTEE	1.00 .......................	X		0	0
(6) MICHAEL DREESE........................................................................ TRUSTEE	1.00 .......................	X		0	0
(7) ZITA EZPELETA........................................................................ TRUSTEE	1.00 .......................	X		0	0
(8) MICHAEL FEINSTEIN........................................................................ TRUSTEE & TREASURER UNTIL SEP 2014	1.00 .......................	X	X	0	0
(9) ALAN GARBER........................................................................ TRUSTEE/VICE CHAIRMAN	1.00 .......................39.00	X	X	646,437	186,730
(10) REBECCA GRAFSTEIN........................................................................ TRUSTEE	1.00 .......................	X		0	0
(11) LORI GROSS........................................................................ TRUSTEE	1.00 .......................39.00	X		194,478	23,407
(12) ANN GUND........................................................................ TRUSTEE	1.00 .......................	X		0	0
(13) SARAH HANCOCK........................................................................ TRUSTEE	1.00 .......................	X		0	0
(14) STEVE JOHNSON........................................................................ TRUSTEE/CHAIRMAN	1.00 .......................	X	X	0	0
(15) ALAN JONES........................................................................ TRUSTEE	1.00 .......................	X		0	0
(16) FUMI MATSUMOTO........................................................................ TRUSTEE	1.00 .......................	X		0	0
(17) TOM MCGRATH........................................................................ TRUSTEE	1.00 .......................	X		0	0

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(18) REBECCA MILIKOWSKY........................................................................ TRUSTEE	1.00 .......................	X				0	0	0
(19) WARD MOONEY........................................................................ TRUSTEE	1.00 .......................	X				0	0	0
(20) ROBERT MURCHISON........................................................................ TRUSTEE/TREASURER STARTING SEPT 2014	1.00 .......................	X	X			0	0	0
(21) ANDY ORY........................................................................ TRUSTEE	1.00 .......................	X				0	0	0
(22) DIANE PAULUS........................................................................ ARTISTIC DIRECTOR	40.00 .......................	X	X			254,513	0	54,653
(23) WILLIAM RUSSO........................................................................ MANAGING DIRECTOR(LEFT IN SEPT 2014)	40.00 .......................	X	X			228,075	0	44,751
(24) MIKE SHEEHAN........................................................................ TRUSTEE	1.00 .......................	X				0	0	0
(25) DIANA SORENSEN........................................................................ TRUSTEE	1.00 .......................39.00	X				0	395,482	40,653
(26) JONATHAN HULBERT........................................................................ CLERK	1.00 .......................39.00		X			0	292,141	54,916
(27) DIANE ZAMPI........................................................................ PRODUCER/INTERIM MANAGING	40.00 .......................			X		175,851	0	28,351
(28) MEGAN HINCKLEY........................................................................ DIRECTOR OF DEVELOPMENT	40.00 .......................				X	127,368	0	28,717
(29) ANN KELLEGHER........................................................................ CONTROLLER (LEFT IN FEB 2015)	40.00 .......................				X	104,755	0	10,877

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.	(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses
1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ....	152,410	152,410
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 ............
4	Benefits paid to or for members ....
5	Compensation of current officers, directors, trustees, and key employees ....	786,193	786,193
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages ....	7,277,475	6,068,201	773,114	436,160
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	474,090	389,429	54,118	30,543
9	Other employee benefits .......	760,937	624,364	88,577	47,996
10	Payroll taxes ...........	882,855	739,930	85,043	57,882
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	10,691	10,691
c	Accounting ...........	66,297		66,297
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ....	2,240,791	1,995,763	183,966	61,062
12	Advertising and promotion ....	197,174	175,023	21,275	876
13	Office expenses .......	631,002	442,701	162,795	25,506
14	Information technology ......	175,345	30,717	141,784	2,844
15	Royalties ..	1,046,130	1,045,040	1,090
16	Occupancy ...........	1,986,674	1,980,050	2,829	3,795
17	Travel ............	531,845	503,136	23,445	5,264
18	Payments of travel or entertainment expenses for any federal, state, or local public officials ......
19	Conferences, conventions, and meetings ....
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization .....	268,454	268,454
23	Insurance ..............	49,345	140	49,205
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	PRODUCTION EXPENSES	1,436,109	1,436,109
b	EQUIPMENT EXPENSE	383,159	375,664	7,495
c	OTHER	88,480		87,649	831
d
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	19,445,456	17,024,015	1,748,682	672,759
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
	1	Cash–non-interest-bearing .............	278,928	1	541,149
2	Savings and temporary cash investments .........		2
3	Pledges and grants receivable, net ...........	822,658	3	1,062,097
4	Accounts receivable, net .............	200,719	4	310,532
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
			5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
			6
7	Notes and loans receivable, net .............		7
8	Inventories for sale or use ..............		8
9	Prepaid expenses and deferred charges ..........	1,558,110	9	671,625
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	4,281,354
b	Less: accumulated depreciation .....	10b	2,148,312	1,956,586	10c	2,133,042
11	Investments—publicly traded securities ..........		11
12	Investments—other securities. See Part IV, line 11 .....	17,906,584	12	18,072,634
13	Investments—program-related. See Part IV, line 11 .....		13
14	Intangible assets ...............		14
15	Other assets. See Part IV, line 11 ...........	161,904	15	0
16	Total assets. Add lines 1 through 15 (must equal line 34)......	22,885,489	16	22,791,079
	17	Accounts payable and accrued expenses .........	186,916	17	2,082,450
18	Grants payable .................		18
19	Deferred revenue ................	3,057,129	19	1,271,489
20	Tax-exempt bond liabilities .............		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ....		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................	2,571,134	25	2,236,993
26	Total liabilities. Add lines 17 through 25.........	5,815,179	26	5,590,932
		Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............	5,428,565	27	5,097,301
28	Temporarily restricted net assets ...........	8,511,137	28	8,972,238
29	Permanently restricted net assets ...........	3,130,608	29	3,130,608
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........		30
31	Paid-in or capital surplus, or land, building or equipment fund .....		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	17,070,310	33	17,200,147
34	Total liabilities and net assets/fund balances ........	22,885,489	34	22,791,079

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
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Attach to Form 990 or Form 990-EZ.
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Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

AMERICAN REPERTORY THEATRE CO INC DBA ART

Employer identification number

04-2665867

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross

receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of

its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses

acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box in lines 11a through 11d that describes the type of supporting organization and complete lines 11e, 11f, and 11g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations .............................

Provide the following information about the supported organization(s).

(i)Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i)Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2014

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6	Public support. Subtract line 5 from line 4.

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
7	Amounts from line 4..
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..
11	Total support Add lines 7 through 10.

Gross receipts from related activities, etc. (see instructions) ..................

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2014 (line 6, column (f) divided by line 11, column (f)) .........

Public support percentage for 2013 Schedule A, Part II, line 14 ...............

16a

33 1/3% support test—2014. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2013. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2014. If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization ..................................................... right arrow

10%-facts-and-circumstances test—2013. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization ................................................ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2014

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .	3,986,907	4,378,386	5,060,274	6,575,284	8,490,866	28,491,717
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......	5,818,959	7,959,550	8,684,192	10,248,254	9,658,581	42,369,536
3	Gross receipts from activities that are not an unrelated trade or business under section 513..
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge..
6	Total. Add lines 1 through 5.	9,805,866	12,337,936	13,744,466	16,823,538	18,149,447	70,861,253
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons...	597,300	543,483	683,104	1,289,922	1,604,057	4,717,866
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.	354,762	1,087,930	1,148,931	859,953	504,771	3,956,347
c	Add lines 7a and 7b..	952,062	1,631,413	1,832,035	2,149,875	2,108,828	8,674,213
8	Public support (Subtract line 7c from line 6.)						62,187,040

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
9	Amounts from line 6...	9,805,866	12,337,936	13,744,466	16,823,538	18,149,447	70,861,253
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..	888,954	829,003	793,665	817,207	833,878	4,162,707
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.	888,954	829,003	793,665	817,207	833,878	4,162,707
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..	10,694,820	13,166,939	14,538,131	17,640,745	18,983,325	75,023,960

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and stop here............................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2014 (line 8, column (f) divided by line 13, column (f)) .........

82.890 %

Public support percentage from 2013 Schedule A, Part III, line 15 ...............

81.890 %

Section D. Computation of Investment Income Percentage

Investment income percentage for 2014 (line 10c, column (f) divided by line 13, column (f)) ......

5.550 %

Investment income percentage from 2013 Schedule A, Part III, line 17 .............

6.100 %

19a

33 1/3% support tests—2014. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2013. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990 or 990-EZ) 2014

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 11 of Part I. If you checked 11a of Part I, complete Sections A and B. If you checked 11b of Part I, complete Sections A and C. If you checked 11c of Part I, complete Sections A, D, and E. If you checked 11d of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 11a or 11b in Part I, answer (b) and (c) below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations....

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed, (ii) the reasons for each such action, (iii) the authority under the organization's organizing document authorizing such action, and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (a) its supported organizations; (b) individuals that are part of the charitable class benefited by one or more of its supported organizations; or (c) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in IRC 4958(c)(3)(C)), a family member of a substantial contributor, or a 35-percent controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part II of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined in line 9(a)) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined in line 9(a)) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of IRC 4943 because of IRC 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?

11a

A family member of a person described in (a) above?

11b

A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.

11c

Schedule A (Form 990 or 990-EZ) 2014

Page 5

Part IV

Supporting Organizations (continued)

Section B. Type I Supporting Organizations

Yes

Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (1) a written notice describing the type and amount of support provided during the prior tax year, (2) a copy of the Form 990 that was most recently filed as of the date of notification, and (3) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer (a) and (b) below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer (a) and (b) below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI the role played by the organization in this regard.

Schedule A (Form 990 or 990-EZ) 2014

Page 6

Part V – Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

1. Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970. See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by .035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6
7	Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990 or 990-EZ) 2014

Page 7

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity
3 Administrative expenses paid to accomplish exempt purposes of supported organizations
4 Amounts paid to acquire exempt-use assets
5 Qualified set-aside amounts (prior IRS approval required)
6 Other distributions (describe in Part VI). See instructions
7Total annual distributions. Add lines 1 through 6.
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions
9 Distributable amount for 2014 from Section C, line 6
10 Line 8 amount divided by Line 9 amount

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2014	(iii) Distributable Amount for 2014
1 Distributable amount for 2014 from Section C, line 6
2 Underdistributions, if any, for years prior to 2014 (reasonable cause required--see instructions)
3 Excess distributions carryover, if any, to 2014:
a From 2009.......X
b From 2010.......X
c From 2011.......X
d From 2012.......X
e From 2013.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2014 distributable amount
i Carryover from 2009 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.
4Distributions for 2014 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2014 distributable amount
c Remainder. Subtract lines 4a and 4b from 4.
5 Remaining underdistributions for years prior to 2014, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions)
6 Remaining underdistributions for 2014. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions)
7 Excess distributions carryover to 2015. Add lines 3j and 4c.
8 Breakdown of line 7:
a From 2010.......X
b From 2011.......X
c From 2012.......X
d From 2013.......
e From 2014.......

Schedule A (Form 990 or 990-EZ) (2014)

Schedule A (Form 990 or 990-EZ) 2014

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation

Schedule A (Form 990 or 990-EZ) 2014

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Name of the organization

AMERICAN REPERTORY THEATRE CO INC DBA ART

Employer identification number

04-2665867

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 2

Name of organization AMERICAN REPERTORY THEATRE CO INC DBA ART

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 3

Name of organization AMERICAN REPERTORY THEATRE CO INC DBA ART

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 4

Name of organization
AMERICAN REPERTORY THEATRE CO INC DBA ART

Employer identification number

04-2665867

Part III

Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed.

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

AMERICAN REPERTORY THEATRE CO INC DBA ART

Employer identification number

04-2665867

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements .......................	2a
b	Total acreage restricted by conservation easements ..................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ....................	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.

If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included in Form 990, Part VIII, line 1 ........................ SchDMd Bullet

(ii)

Assets included in Form 990, Part X .............................. SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:

Revenue included in Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2014

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No

If "Yes," explain the arrangement in Part XIII and complete the following table:


c	Beginning balance .................................	1c
d	Additions during the year ..............................	1d
e	Distributions during the year .............................	1e
f	Ending balance ...................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII .......

Part V

Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.

		(a)Current year	(b)Prior year	b (c)Two years back	(d)Three years back	(e)Four years back
1a	Beginning of year balance ....	16,161,265	14,807,651	14,014,228	14,751,951	12,714,411
b	Contributions ........
c	Net investment earnings, gains, and losses	999,928	2,318,555	1,671,933	18,210	3,512,302
d	Grants or scholarships .....
e	Other expenditures for facilities and programs ........	-851,304	-964,941	-878,510	-755,933	-1,474,762
f	Administrative expenses ....
g	End of year balance ......	16,309,889	16,161,265	14,807,651	14,014,228	14,751,951

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

42.500 %

Permanent endowment SchDMd Bullet

19.200 %

Temporarily restricted endowment SchDMd Bullet

38.300 %

The percentages in lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) unrelated organizations ........................

3a(i)

(ii) related organizations ........................

3a(ii)

Yes

If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........

Yes

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(b)Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value
1a	Land .................
b	Buildings ................
c	Leasehold improvements ............	2,238,265	687,793	1,550,472
d	Equipment ................	1,990,151	1,414,121	576,030
e	Other .................	52,938	46,398	6,540
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......				2,133,042

Schedule D (Form 990) 2014

Page 3

Part VII

InvestmentsOther Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b)Book value	(c) Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other (A) INVESTMENTS IN HARVARD UNIVERSITY'S POOLED GENERAL INVESTMENTS ACCOUNT	18,072,634	F








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	18,072,634

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment		(b) Book value	(c) Method of valuation: Cost or end-of-year market value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability		(b) Book value
Federal income taxes
LINE OF CREDIT EXTENDED BY HARVARD UNIVERSITY		2,236,993








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)		2,236,993
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2014

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	21,817,138
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	166,050
b	Donated services and use of facilities .........	2b	1,928,783
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d	313,062
e	Add lines 2a through 2d .....................			2e	2,407,895
3	Subtract line 2e from line 1.....................			3	19,409,243
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.......................			4c	0
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	19,409,243

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	21,687,301
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities ..........	2a	1,928,783
b	Prior year adjustments ..............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d	313,062
e	Add lines 2a through 2d......................			2e	2,241,845
3	Subtract line 2e from line 1.....................			3	19,445,456
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.......................			4c	0
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	19,445,456

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART X, LINE 2:	A.R.T. ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. A.R.T. HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2015. A.R.T.S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	SPECIAL EVENT EXPENSES
PART XII, LINE 2D - OTHER ADJUSTMENTS:	SPECIAL EVENT EXPENSES
PART V, LINE 4	BOARD DESIGNATED ENDOWMENT REPRESENTS FUNDS SET ASIDE BY THE BOARD OF TRUSTEES TO BE INVESTED FOR THE PURPOSE OF GENERATING AN ANNUAL REVENUE STREAM TO SUPPORT THE OPERATIONS OF A.R.T. THE INCOME FROM THE PERMANENTLY RESTRICTED DESIGNATED ENDOWMENTS IS TO BE USED TO FUND THE ARTISTIC DIRECTOR POSITION AND VARIOUS SCHOLARSHIPS, IN ACCORDANCE WITH THE ANNUAL SPENDING POLICY. INCOME FROM THE NON-DESIGNATED PERMANENTLY RESTRICTED ENDOWMENT FUNDS IS TO BE USED FOR GENERAL OPERATIONS IN ACCORDANCE WITH AN ANNUAL SPENDING POLICY.
PART XII, LINE 2D AND PART XIII, LINE 2D	THESE ARE SPECIAL EVENT DIRECT EXPENSES OF $313,062 THAT ARE NETTED IN 990 REVENUES BUT SHOWN AS EXPENSES IN THE FINANCIAL STATEMENTS.
PART V, LINE 1E	THIS LINE INCLUDES A ($17,426) FISCAL YEAR 2015 RECLASSIFICATION OF TEMPORARILY RESTRICTED PROGRAM NET ASSETS OUT OF THE ENDOWMENT AS PER DONOR INTENT AND INVESTMENT ACTIVITY.

Schedule D (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE G (Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information Regarding
Fundraising or Gaming Activities

Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Information about Schedule G (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization
AMERICAN REPERTORY THEATRE CO INC DBA ART

Employer identification number

04-2665867

Part I

Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17. Form 990-EZ

filers are not required to complete this part.

Indicate whether the organization raised funds through any of the following activities. Check all that apply.

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

Did the organization have a written or oral agreement with any individual (including officers, directors, trustees

or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?

Yes

If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










Total .................

List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.

For Paperwork Reduction Act Notice, see the Instructions for Form 990or 990-EZ.

Cat. No. 50083H

Schedule G (Form 990 or 990-EZ) 2014

Page 2

Part II

Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.

		(a) Event #1 ART BOUNDLESS GALA (event type)	(b) Event #2 AMFAR (event type)	(c) Other events 8 (total number)	(d) Total events (add col. (a) through col. (c))
1	Gross receipts . . .	1,011,511	600,000	94,330	1,705,841
2	Less: Contributions . .	940,211		26,650	966,861
3	Gross income (line 1 minus line 2) . . .	71,300	600,000	67,680	738,980
4	Cash prizes . . .
5	Noncash prizes . .	3,520			3,520
6	Rent/facility costs . .	23,180		320	23,500
7	Food and beverages .	69,594		31,563	101,157
8	Entertainment . . .
9	Other direct expenses .	152,142		32,743	184,885
10	Direct expense summary. Add lines 4 through 9 in column (d) ...........				313,062
11	Net income summary. Subtract line 10 from line 3, column (d)...........				425,918

Part III

Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.

(a) Bingo

(b) Pull tabs/Instant
bingo/progressive bingo

(c) Other gaming

(d) Total gaming (add col.(a) through col.(c))

Gross revenue . . . .

Cash prizes . . . .

Non-cash prizes . . .

Rent/facility costs . . .

Other direct expenses . .

Volunteer labor . . .

	Yes %
	No

	Yes %
	No

	Yes %
	No

Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow

Net gaming income summary. Subtract line 7 from line 1, column (d) ......... right arrow

Enter the state(s) in which the organization conducts gaming activities:

Is the organization licensed to conduct gaming activities in each of these states? ............

YesNo

If "No," explain:

10a

Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....

YesNo

If "Yes," explain:

Schedule G (Form 990 or 990-EZ) 2014

Page 3

Does the organization conduct gaming activities with nonmembers? .................

YesNo

Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity

formed to administer charitable gaming? ..........................

YesNo

Indicate the percentage of gaming activities conducted in:

The organization's facility ......................

13a

An outside facility ........................

13b

Enter the name and address of the person who prepares the organization's gaming/special events books and records:

Name

Address

15a

Does the organization have a contract with a third party from whom the organization receives gaming

revenue? ......................................

YesNo

If "Yes," enter the amount of gaming revenue received by the organization right arrow

$ and the

amount of gaming revenue retained by the third party right arrow

If "Yes," enter name and address of the third party:

Name

Address

Gaming manager information:

Name

Gaming manager compensation right arrow

Description of services provided right arrow

Director/officer Employee Independent contractor

Mandatory distributions:

Is the organization required under state law to make charitable distributions from the gaming proceeds to

retain the state gaming license? ............................

YesNo

Enter the amount of distributions required under state law distributed to other exempt organizations or spent

in the organization's own exempt activities during the tax year right arrow

Part IV

Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v), and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information (see instructions).

Return Reference	Explanation

Schedule G (Form 990 or 990-EZ) 2014

Additional Data

Software ID:
Software Version:

- TIN:

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization
AMERICAN REPERTORY THEATRE CO INC DBA ART

Employer identification number
04-2665867

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section if applicable	(d) Amount of cash grant	(e) Amount of non-cash assistance	(f) Method of valuation (book, FMV, appraisal, other)	(g) Description of non-cash assistance	(h) Purpose of grant or assistance

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................ Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2014

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a)Type of grant or assistance	(b)Number of recipients	(c)Amount of cash grant
(1) INSTITUTE FOR ADVANCED THEATER TRAINING (IATT) SCHOLARSHIPS	44	152,410

Part IV

Supplemental Information. Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.

Return Reference	Explanation
PART I, LINE 2:	ALL SCHOLARSHIPS ARE REVIEWED AND APPROVED BY THE ART'S STUDENT FINANCIAL AID COMMITTEE COMPRISED OF THE IATT'S DIRECTOR AND ADMINISTRATOR, AND THE ART'S FINANCIAL AID OFFICER. SCHOLARSHIPS ARE GIVEN TO STUDENTS ON A "NEED BASIS AND ARE PAID DIRECTLY TO IATT AS AN OFFSET TO THEIR TUITION. SUPPORTING DOCUMENTATION REGARDING THESE SCHOLARSHIPS IS KEPT IN THE LOCKED FINANCIAL AID OFFICE CABINET.

Schedule I (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" to Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

AMERICAN REPERTORY THEATRE CO INC DBA ART

Employer identification number

04-2665867

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? ................

Yes

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 5a or 5b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 6a or 6b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................

If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2014

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column(B) reported as deferred in prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1ALAN GARBERTRUSTEE/VICE CHAIRMAN	(i) (ii)	0 ............................... 635,049	0 ............................... 10,000	0 ............................... 1,388	0 ............................... 33,150	0 ............................... 153,580	0 ............................... 833,167	0 ............................... 0
2LORI GROSSTRUSTEE	(i) (ii)	0 ............................... 194,106	0 ............................... 0	0 ............................... 372	0 ............................... 23,266	0 ............................... 141	0 ............................... 217,885	0 ............................... 0
3DIANE PAULUSARTISTIC DIRECTOR	(i) (ii)	244,375 ............................... 0	10,000 ............................... 0	138 ............................... 0	33,150 ............................... 0	21,503 ............................... 0	309,166 ............................... 0	0 ............................... 0
4WILLIAM RUSSOMANAGING DIRECTOR(LEFT IN SEPT 2014)	(i) (ii)	159,129 ............................... 0	0 ............................... 0	68,946 ............................... 0	27,439 ............................... 0	17,312 ............................... 0	272,826 ............................... 0	0 ............................... 0
5DIANA SORENSENTRUSTEE	(i) (ii)	0 ............................... 309,877	0 ............................... 0	0 ............................... 85,605	0 ............................... 33,150	0 ............................... 7,503	0 ............................... 436,135	0 ............................... 0
6JONATHAN HULBERTCLERK	(i) (ii)	0 ............................... 277,404	0 ............................... 14,000	0 ............................... 737	0 ............................... 33,150	0 ............................... 21,766	0 ............................... 347,057	0 ............................... 0
7DIANE ZAMPIPRODUCER/INTERIM MANAGING	(i) (ii)	171,579 ............................... 0	0 ............................... 0	4,272 ............................... 0	20,847 ............................... 0	7,504 ............................... 0	204,202 ............................... 0	0 ............................... 0
8MEGAN HINCKLEYDIRECTOR OF DEVELOPMENT	(i) (ii)	122,352 ............................... 0	5,000 ............................... 0	16 ............................... 0	7,643 ............................... 0	21,074 ............................... 0	156,085 ............................... 0	0 ............................... 0

Schedule J (Form 990) 2014

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.

Return Reference	Explanation
PART I, LINE 4A	LINE 4A - THE PREVIOUS MANAGING DIRECTOR OF A.R.T., WILLIAM RUSSO, WHO LEFT DURING FISCAL YEAR 2015, RECEIVED A PAYMENT OF $55,000 IN CALENDAR YEAR 2014 AND A PAYMENT OF $63,417 IN CALENDAR YEAR 2015 UNDER AN AGREEMENT WITH HARVARD UNIVERSITY. THE 2014 AMOUNT IS REPORTED IN FORM 990, PART VII, SECTION A, LINE 1A.
PART II	ALL INDIVIDUALS LISTED ON SCHEDULE J ARE EMPLOYEES OF HARVARD UNIVERSITY. HOWEVER, ONLY DIANE PAULUS, DIANE ZAMPI, WILLIAM RUSSO, AND MEGAN HINCKLEY WERE COMPENSATED IN THEIR CAPACITY AS OFFICERS/DIRECTORS AND/OR EMPLOYEES OF A.R.T.

Schedule J (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE M
(Form 990)

Department of the Treasury

Internal Revenue Service

Noncash Contributions

Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image

Attach to Form 990.
Right pointing arrow large image

Information about Schedule M (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

AMERICAN REPERTORY THEATRE CO INC DBA ART

Employer identification number

04-2665867

Part I

Types of Property

	(a) Check if applicable	(b) Number of contributions or items contributed	(c) Noncash contribution amounts reported on Form 990, Part VIII, line 1g	(d) Method of determining noncash contribution amounts
1 Art—Works of art ....
2 Art—Historical treasures .
3 Art—Fractional interests ..
4 Books and publications ..
5 Clothing and household goods .......
6 Cars and other vehicles ..
7 Boats and planes ....
8 Intellectual property ...
9 Securities—Publicly traded .	X	7	332,529	FAIR MARKET VALUE
10 Securities—Closely held stock .
11 Securities—Partnership, LLC, or trust interests ....
12 Securities—Miscellaneous ..
13 Qualified conservation contribution—Historic structures .....
14 Qualified conservation contribution—Other ...
15 Real estate—Residential .
16 Real estate—Commercial ..
17 Real estate—Other ...
18 Collectibles .....
19 Food inventory ...
20 Drugs and medical supplies .
21 Taxidermy ......
22 Historical artifacts ....
23 Scientific specimens ..
24 Archeological artifacts ...
25 Other ( )
26 Other ( )
27 Other ( )
28 Other ( )

Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...

Yes

30a

During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that

it must hold for at least three years from the date of the initial contribution, and which is not required to be used

for exempt purposes for the entire holding period? ..................

30a

If "Yes," describe the arrangement in Part II.

Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?

32a

Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions? ..........................

32a

If "Yes," describe in Part II.

If the organization did not report an amount in column (c) for a type of property for which column (a) is checked,

describe in Part II.

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 51227J

Schedule M (Form 990) (2014)

Page 2

Part II

Supplemental Information. Provide the information required by Part I, lines 30b,
32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.

Return Reference	Explanation

Schedule M (Form 990) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

AMERICAN REPERTORY THEATRE CO INC DBA ART

Employer identification number

04-2665867

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 2	TWO MEMBERS OF THE BOARD OF TRUSTEES ARE RELATED TO EACH OTHER AS BROTHER AND SISTER. THESE MEMBERS ARE ROANN COSTIN AND KEVIN COSTIN.
FORM 990, PART VI, SECTION A, LINE 6	THE PRESIDENT AND FELLOWS OF HARVARD UNIVERSITY (THE UNIVERSITY) IS THE SOLE CORPORATE MEMBER OF A.R.T. THE MEMBER OF A.R.T. HAS THE RIGHT TO FIX THE NUMBER OF A.R.T.'S TRUSTEES AT ANY MEETING OF THE MEMBERS, AND TO APPOINT A.R.T'S TRUSTEES. THE MAJORITY OF A.R.T.'S CURRENT TRUSTEES ARE INDEPENDENT OF THE UNIVERSITY.
FORM 990, PART VI, SECTION A, LINE 7A	THE PRESIDENT AND FELLOWS OF HARVARD UNIVERSITY (THE UNIVERSITY) IS THE SOLE CORPORATE MEMBER OF A.R.T. THE MEMBER OF A.R.T. HAS THE RIGHT TO FIX THE NUMBER OF A.R.T.'S TRUSTEES AT ANY MEETING OF THE MEMBERS, AND TO APPOINT A.R.T'S TRUSTEES. THE MAJORITY OF A.R.T.'S CURRENT TRUSTEES ARE INDEPENDENT OF THE UNIVERSITY.
FORM 990, PART VI, SECTION A, LINE 7B	EXPANDING THE NUMBER OF ELECTED TRUSTEES TO MORE THAN 30 WOULD REQUIRE APPROVAL OF THE SOLE CORPORATE MEMBER OF A.R.T. (THE UNIVERSITY, AS IDENTIFIED ABOVE). THE POWERS TO AMEND THE A.R.T. BY-LAWS, TO REMOVE TRUSTEES WITHOUT CAUSE, AND TO REMOVE THE VICE CHAIRMAN ARE RESERVED TO THE SOLE MEMBER. APPOINTMENT AND REMOVAL OF THE ARTISTIC DIRECTOR AND THE MANAGING DIRECTOR REST WITH THE PROVOST OF THE UNIVERSITY, WITH THE ADVICE OF THE TRUSTEES.
FORM 990, PART VI, SECTION A, LINE 8B	THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY, EXCEPT BY VOTE OF THE BOARD FOR SPECIFIC MATTERS.
FORM 990, PART VI, SECTION B, LINE 11	A.R.T. PROVIDES A COPY OF THE 990 TO ITS AUDIT COMMITTEE, AND THEN TO THE BOARD OF TRUSTEES, FOR REVIEW BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12C	THE BOARD OF TRUSTEES HAS ADOPTED A CONFLICT OF INTEREST POLICY AND IT IS AVAILABLE ON HARVARD'S INTRANET, ACCESSIBLE TO MEMBERS OF THE A.R.T. COMMUNITY. ALL TRUSTEES AND KEY EMPLOYEES OF THE ORGANIZATION ARE ASKED ANNUALLY TO FILL OUT A CONFLICT OF INTEREST DISCLOSURE FORM. THE FORMS ARE REVIEWED BY A CONFLICT OF INTEREST COMMITTEE COMPOSED OF MEMBERS OF THE BOARD. IN ADDITION, TRUSTEES AND KEY EMPLOYEES ARE ASKED TO BRING ANY POTENTIAL CONFLICTS OF INTEREST TO THE ATTENTION OF THE CONFLICT OF INTEREST COMMITTEE AS SOON AS THEY ARE AWARE OF THE POTENTIAL CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15	THE ARTISTIC DIRECTOR'S COMPENSATION IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. COMPARABILITY DATA IS USED IN REVIEWING THE COMPENSATION, AND THE COMPENSATION IS DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 15B: THE COMPENSATION COMMITTEE REVIEWS COMPENSATION OF OTHER COMPENSATED OFFICERS AND KEY EMPLOYEES IN ADDITION TO THE ARTISTIC DIRECTOR.
FORM 990, PART VI, SECTION C, LINE 19	A.R.T PROVIDES A COPY OF THE 990 TO ITS AUDIT COMMITTEE, THEN TO THE BOARD OF TRUSTEES FOR REVIEW BETFORE IT IS FILED.
FORM 990, PART IX, LINE 11G	ARTISTIC FEES AND SERVICES: PROGRAM SERVICE EXPENSES 899,560. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 899,560. PRODUCTION FEES AND SERVICES: PROGRAM SERVICE EXPENSES 807,846. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 807,846. EDUCATOR/INSTRUCTOR FEES: PROGRAM SERVICE EXPENSES 187,830. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 187,830. CONSULTANT SERVICES: PROGRAM SERVICE EXPENSES 65,945. MANAGEMENT AND GENERAL EXPENSES 183,966. FUNDRAISING EXPENSES 61,062. TOTAL EXPENSES 310,973. OTHER PROFESSIONAL FEES AND SERVICES: PROGRAM SERVICE EXPENSES 34,582. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,582.
FORM 990, PART XII, LINE 2C:	THERE WERE NO CHANGES IN A.R.T.'S AUDIT OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

AMERICAN REPERTORY THEATRE CO INC DBA ART

Employer identification number

04-2665867

Part I

Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1) AFRICA ACADEMY FOR PUBLIC HEALTH PO BOX 79810 MWAI KIBAKI RD DAR ES SALAAM TZ	RESEARCH	TZ	FOREIGN/EXEMPT ENTIT		PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(2) ASSOCIACAO DAVID ROCKEFELLER CENTER DE UNIVERSIDADE DE HARVARD AVENIDA PAULISTA 1337 CJ 171 SAO PAULO BR	EDUCATION	BR	FOREIGN/EXEMPT ENTIT		PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(3) BLUE MARBLE HOLDINGS CORP 600 ATLANTIC AVE BOSTON,MA02210 23-7014581	INVESTMENT MANAGEMENT	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(4) BOTSWANA-HARVARD AIDS INSTITUTE PRIVATE BAG BO 320 GABORONE BC	RESEARCH	BC	FOREIGN/EXEMPT ENTIT		PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(5) CENTRE RECHERCHE EUROPEEN DE LA HBS 62 RUE FRANCOIS 1 ER PARIS FR	RESEARCH SUPPORT	FR	FOREIGN/EXEMPT ENTIT		PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(6) DEMETER HOLDINGS CORP 600 ATLANTIC AVE BOSTON,MA02210 04-3044742	INVESTMENT MANAGEMENT	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(7) DOYUKAI FUND FOR HARVARD INC 800 BOYLSTON ST BOSTON,MA02199 04-3478889	RESEARCH SUPPORT	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(8) DUBAI HARVARD FOUNDATION FOR MEDICAL RESEARCH INC 401 PARK DR BOSTON,MA02215 52-2446955	EDUCATION AND RESEARCH	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(9) ENDOWMENT FOR RESEARCH IN HUMAN BIOLOGY INC 160 FEDERAL ST BOSTON,MA02115 04-2702030	RESEARCH	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(10) FUNDACION CENTRO DE INVESTIGACION DE LA ESCUELA DE ADMIN DE EMPRESA CARLOS PELLEGRINI 1163 PISO 12 CO BUENOS AIRES AR	RESEARCH SUPPORT	AR	FOREIGN/EXEMPT ENTIT		PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(11) FUNDACION DRCLAS CHILE AVENIDA DAG HAMMARSKJOLD 3269 SANTIAGO CI	FACULTY AND STUDENT ACTIVITIES	CI	FOREIGN/EXEMPT ENTIT		PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(12) GIOVANNI ARMENISE-HARVARD FOUNDATION FOR SCIENTIFIC RESEARCH INC HMS DEAN OF FAC OF MED BOSTON,MA02115 04-3293162	RESEARCH SUPPORT	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(13) HANSJORG WYSS INST FOR BIOLOGICALLY INSPIRED ENGINEERING AT HARVARD UNIV I 3 BLACKFAN CIRCLE 5TH FL CLSB BOSTON,MA02115 30-0773387	RESEARCH	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(14) HARVARD BUSINESS SCHOOL INTERACTIVE INC SOLDIERS FIELD RD BOSTON,MA02163 04-3395140	EXECUTIVE EDUCATION	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(15) HARVARD BUSINESS SCHOOL PUBLISHING CORP 20 GUEST ST STE 700 BRIGHTON,MA02135 04-3177990	PUBLISHING	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(16) HARVARD DEDICATED ENERGY LIMITED 1033 MASS AVE 3RD FL CAMBRIDGE,MA02138 03-0425512	ELECTRICITY PURCHASING	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(17) HARVARD GLOBAL RESEARCH AND SUPPORT SERVICES INC 114 MOUNT AUBURN ST 5TH FL CAMBRIDGE,MA02138 45-4535664	GLOBAL SUPPORT	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(18) HARVARD GLOBAL UK VERNON HOUSE 22 SICILIAN AVE LONDON UK	RESEARCH	UK	FOREIGN/EXEMPT ENTIT		HARVARD GLOBAL RESEARCH AND SUPPORT SERVICES INC		No
(19) HARVARD MAGAZINE INC 7 WARE ST CAMBRIDGE,MA02138 04-6112308	PUBLISHING	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(20) HARVARD MANAGEMENT COMPANY INC 600 ATLANTIC AVE BOSTON,MA02210 23-7361259	INVESTMENT MANAGEMENT	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(21) HARVARD MANAGEMENT PRIVATE EQUITY CORP 600 ATLANTIC AVE BOSTON,MA02210 04-3070522	INVESTMENT MANAGEMENT	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(22) HARVARD MEDICAL CENTER 25 SHATTUCK ST BOSTON,MA02115 04-2213292	MEDICAL EDUCATION	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	N/A		No
(23) HARVARD NEURODISCOVERY CENTER INC 25 SHATTUCK ST BOSTON,MA02115 31-1745145	RESEARCH SUPPORT	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(24) HARVARD PRIVATE CAPITAL HOLDINGS INC 600 ATLANTIC AVE BOSTON,MA02210 04-3070519	INVESTMENT MANAGEMENT	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(25) HARVARD PRIVATE CAPITAL REALTY INC 600 ATLANTIC AVE BOSTON,MA02210 22-3138409	INVESTMENT MANAGEMENT	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(26) HARVARD REAL ESTATE - ALLSTON INC 1033 MASS AVE 3RD FL CAMBRIDGE,MA02138 04-3373410	TITLE HOLDING COMPANY	MA	501(C)(25) TITLE HOL		PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(27) HARVARD REAL ESTATE INC 1033 MASS AVE 3RD FL CAMBRIDGE,MA02138 04-2649303	REAL ESTATE BROKERAGE	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(28) HARVARD-YENCHING INSTITUTE VANSERG HALL 25 FRANCIS AVE CAMBRIDGE,MA02138 04-2062394	EDUCATION	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	N/A		No
(29) ION INC 1350 MASS AVE CAMBRIDGE,MA02138 22-3032677	RESEARCH	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(30) LONGWOOD MEDICAL ENERGY COLLABORATIVE INC 160 LONGWOOD AVE BOSTON,MA02115 04-3476764	ENERGY SERVICES	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	N/A		No
(31) MASSACHUSETTS GREEN HIGH PERFORMANCE COMPUTING CENTER INC 100 BIGELOW ST HOLYOKE,MA01040 27-3014805	RESEARCH	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	N/A		No
(32) MGHPCC HOLYOKE INC 100 BIGELOW ST HOLYOKE,MA01040 45-2257442	RESEARCH	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	N/A		No
(33) PHEMUS CORP 600 ATLANTIC AVE BOSTON,MA02210 04-2997367	INVESTMENT MANAGEMENT	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(34) PRESIDENT AND FELLOWS OF HARVARD COLLEGE 1033 MASS AVE 3RD FL CAMBRIDGE,MA02138 04-2103580	EDUCATION AND RESEARCH	MA	501(C)(3) PUBLIC CHA	2. SCHOOL. SECTION 1	N/A		No
(35) PUTNAM SQUARE APARTMENTS INC HRES 1350 MASS AVE CAMBRIDGE,MA02138 04-6251287	REAL ESTATE	MA	501(C)(3) PUBLIC CHA	9. AN ORG. FOLLOWING	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(36) RED TOP INC MURR CTR 65 NORTH HARVARD ST BOSTON,MA02163 51-0189788	ATHLETICS	CT	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(37) SHIPPING VENTURE CORP 600 ATLANTIC AVE BOSTON,MA02210 04-3263656	INVESTMENT MANAGEMENT	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(38) STUDENT CLUBS OF HBS INC SOLDIERS FIELD RD BOSTON,MA02163 57-1152691	STUDENT SUPPORT	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No
(39) THE CARL J SHAPIRO INSTITUTE FOR EDUCATION AND RESEARCH AT HARVARD 330 BROOKLINE AVE BOSTON,MA02215 04-3326928	MEDICAL EDUCATION AND RESEARCH	MA	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	N/A		No
(40) TRUSTEES FOR HARVARD UNIVERSITY 1033 MASS AVE 3RD FL CAMBRIDGE,MA02138 53-0199180	EDUCATION	DC	501(C)(3) PUBLIC CHA	11. SUPPORTING ORGAN	PRESIDENT AND FELLOWS OF HARVARD COLLEGE		No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2014

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No
(1) 170 BROADWAY LLC 767 5TH AVE STE 2400 NEW YORK,NY10153 46-4145333	INVESTMENTS	DE	N/A
(2) 2007 86TH STREET LLC 767 5TH AVE STE 2400 NEW YORK,NY10153 46-3848056	INVESTMENTS	DE	N/A
(3) 441 ROCKAWAY OWNER LLC 767 5TH AVE STE 2400 NEW YORK,NY10153 30-0829016	INVESTMENTS	DE	N/A
(4) ALCION REAL ESTATE PARTNERS II LP ONE POST OFFICE SQUARE STE 3150 BOSTON,MA02109 26-3400946	INVESTMENTS	DE	N/A
(5) ALCION REAL ESTATE PARTNERS LP ONE POST OFFICE SQUARE STE 3150 BOSTON,MA02109 20-1973523	INVESTMENTS	DE	N/A
(6) ALPINE APARTMENTS LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 90-0908453	INVESTMENTS	DE	N/A
(7) AMERRA AGRI OPPORTUNITY FUND LP 1185 AVE OF THE AMERICAS 18TH FL NEW YORK,NY10036 27-3310646	INVESTMENTS	DE	N/A
(8) ATLANTIC CT HOLDINGS II LLC 65 ENTERPRISE STE 150 ALISO VIEJO,CA92656 46-2548899	INVESTMENTS	DE	N/A
(9) ATLANTIC CT HOLDINGS LLC 65 ENTERPRISE STE 150 ALISO VIEJO,CA92656 46-2501216	INVESTMENTS	DE	N/A
(10) ATLANTIC P3 LIFE SCIENCE HOLDINGS LLC 4380 LAJOLLA VILLAGE DR STE 230 SAN DIEGO,CA92122	INVESTMENTS	DE	N/A
(11) ATLANTIC REGENT HOLDINGS LLC 11990 SAN VICENTE BLVD STE 200 LOS ANGELES,CA90049 47-2097418	INVESTMENTS	DE	N/A
(12) ATLANTIC SCIOTO HOLDINGS LLC 575 MADISON AVE 16TH FL NEW YORK,NY10022 47-1979711	INVESTMENTS	DE	N/A
(13) ATLANTIC TORONTO LP HMC INC 600 ATLANTIC AVE BOSTON,MA02210 35-2384789	INVESTMENTS	DE	N/A
(14) BAINBRIDGE CC URBANA APARTMENTS LLC 12765 W FOREST HILL BLVD STE 1307 WELLINGTON,FL33414 80-0910794	INVESTMENTS	DE	N/A
(15) BAUPOST INSTITUTIONAL REALTY PARTNERS LLC - I 10 ST JAMES AVE STE 1700 BOSTON,MA02116 04-3437926	INVESTMENTS	MA	N/A
(16) BAUPOST INSTITUTIONAL REALTY PARTNERS LLC - II 10 ST JAMES AVE STE 1700 BOSTON,MA02116 04-3481078	INVESTMENTS	MA	N/A
(17) BAYNORTH REALTY FUND IV LP 200 CLARENDON ST 54TH FL BOSTON,MA02116 04-3423446	INVESTMENTS	MA	N/A
(18) BAYNORTH REALTY FUND V LP 200 CLARENDON ST 54TH FL BOSTON,MA02116 04-3537051	INVESTMENTS	MA	N/A
(19) B-BROOK-B SARL 20 RUE DE LA POSTE L-2346 LU 98-0558809	INVESTMENTS	LU	N/A
(20) BH INVESTMENTS FUND LLC 655 THIRD AVE 11TH FL NEW YORK,NY10017 04-3070522	INVESTMENTS	DE	N/A
(21) BLUE ATLANTIC ACQUISITION GROUP II LLC 353 NORTH CLARK ST STE 730 CHICAGO,IL60654 90-0909419	INVESTMENTS	DE	N/A
(22) BLUE ATLANTIC ACQUISITION GROUP LLC 353 NORTH CLARK ST STE 730 CHICAGO,IL60654 27-4668306	INVESTMENTS	DE	N/A
(23) BPR CO-INVESTOR LLC 7121 FAIRWAY DR STE 410 PALM BEACH GARDENS,FL33418 20-8376342	INVESTMENTS	DE	N/A
(24) BUCKINGHAM ATLANTIC LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 46-0545782	INVESTMENTS	DE	N/A
(25) CA USQUARE LLC 767 5TH AVE STE 2400 NEW YORK,NY10153 47-3889463	INVESTMENTS	DE	N/A
(26) CARMEL HOUSE APARTMENTS LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 46-1377243	INVESTMENTS	DE	N/A
(27) CCC INVESTORS HOLDINGS II LP 2310 WASHINGTON ST NEWTON LOWER FALLS,MA02462 47-2033623	INVESTMENTS	DE	N/A
(28) CCI-B INST LLC 800 BRAZOS ST STE 600 AUSTIN,TX78701 39-2060908	INVESTMENTS	DE	N/A
(29) CERBERUS MA PARTNERS LP 190 ELGIN AVE GEORGE TOWN,GRAND CAYMAN CJ 36-4762301	INVESTMENTS	CJ	N/A
(30) CH NBS LTD 767 5TH AVE 24TH FL NEW YORK,NY10153 98-1207239	INVESTMENTS	JE	N/A
(31) CH OCEANSIDE LLC 767 5TH AVE STE 2400 NEW YORK,NY10153 46-2568911	INVESTMENTS	DE	N/A
(32) CHAMBERS BURGER PROPERTY LP CB EQUITY LLC 1360 AVE OF AMERICAS NEW YORK,NY10019 46-0986140	INVESTMENTS	DE	N/A
(33) CHEROKEE INVESTMENT PARTNERS III PARALLEL FUND LP 111 EAST HARGETT ST STE 300 RALEIGH,NC27601 71-0890767	INVESTMENTS	DE	N/A
(34) COMPOSITION CAPITAL ASIA FUND II CV WTC - TOWER D 12TH FL AMSTERDAM NL 98-0563996	INVESTMENTS	NL	N/A
(35) COMTEL TELECOM ASSETS LP 200 CLARENDON ST BOSTON,MA02116 20-3237782	INVESTMENTS	TX	N/A
(36) CORAL SENIOR HOUSING II LLC 1275 PENNSYLVANIA AVE NW 2ND FL WASHINGTON,DC20004 32-0410036	INVESTMENTS	DE	N/A
(37) CORAL SENIOR HOUSING III LLC 1275 PENNSYLVANIA AVE NW 2ND FL WASHINGTON,DC20004 38-3931197	INVESTMENTS	DE	N/A
(38) CORAL SENIOR HOUSING LLC 1275 PENNSYLVANIA AVE NW 2ND FL WASHINGTON,DC20004 27-3934030	INVESTMENTS	DE	N/A
(39) CORAL-FSP INVESTMENT FUND I LLC 3820 MANSELL RD STE 275 ALPARETTA,GA30022 45-3203414	INVESTMENTS	DE	N/A
(40) CORAL-FSP INVESTMENT FUND II LLC 1275 PENNSYLVANIA AVE NW 2ND FL WASHINGTON,DC20004 90-1033350	INVESTMENTS	DE	N/A
(41) CORE EM DIVERSIFIED EQUITY FUND LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 46-0711788	INVESTMENTS	DE	N/A
(42) CREEKSIDE GLEN APARTMENTS LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 46-1384936	INVESTMENTS	DE	N/A
(43) CROSSPOINT TECHNOLOGY HOLDINGS LLC 300 3RD AVE STE 2 WALTHAM,MA02451 04-3520886	INVESTMENTS	DE	N/A
(44) CROWN ATLANTIC INTL OLIVE LLC 767 5TH AVE STE 2400 NEW YORK,NY10153 47-1830643	INVESTMENTS	DE	N/A
(45) CROWN ATLANTIC RETAIL LLC 767 5TH AVE STE 2400 NEW YORK,NY10153 46-1605646	INVESTMENTS	DE	N/A
(46) CROWN ICS 5TH ACQUISITIONS LLC 767 5TH AVE STE 2400 NEW YORK,NY10153 47-1827246	INVESTMENTS	DE	N/A
(47) CROWN SRP LLC 767 5TH AVE STE 2400 NEW YORK,NY10153 47-2106149	INVESTMENTS	DE	N/A
(48) CSH-STAR ESCONDIDO LLC 1275 PENNSYLVANIA AVE NW 2ND FL WASHINGTON,DC20004 61-1674156	INVESTMENTS	DE	N/A
(49) CVI CHVF LP 9320 EXCELSIOR BLVD HOPKINS,MN55343 80-0941373	INVESTMENTS	DE	N/A
(50) CYPRESS CREEK APARTMENTS LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 46-1403554	INVESTMENTS	DE	N/A
(51) CYPRESS REALTY IV LP 301 CONGRESS AVE STE 500 AUSTIN,TX78701 74-3000106	INVESTMENTS	DE	N/A
(52) DENHAM COMMODITY PARTNERS FUND II LP 200 CLARENDON ST 25TH FL BOSTON,MA02116 77-0644776	INVESTMENTS	DE	N/A
(53) DENHAM COMMODITY PARTNERS FUND III LP 200 CLARENDON ST 25TH FL BOSTON,MA02116 56-2502675	INVESTMENTS	DE	N/A
(54) DEVONIAN LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02110 90-0721046	INVESTMENTS	DE	N/A
(55) DS CO-INVESTORS LLC 7121 FAIRWAY DR STE 410 PALM BEACH GARDENS,FL33418 55-0911808	INVESTMENTS	DE	N/A
(56) EAE ATLANTIC LLC 1065 AVE OF THE AMERICAS 31ST FL NEW YORK,NY10024 36-4743445	INVESTMENTS	DE	N/A
(57) GAVEA JUS BG 1 - MASTER LP 3500 S DUPONT HWY DOVER,DE19901 46-2781217	INVESTMENTS	DE	N/A
(58) GBE INVESTMENTS LP POB 309GTUGLAND HOUSES CHURCH ST GEORGE TOWN CJ	INVESTMENTS	CJ	N/A
(59) GERRITY ATLANTIC RETAIL PARTNERS LLC 977 LOMAS SANTA FE DR STE A SOLANA BEACH,CA92075 27-4257497	INVESTMENTS	DE	N/A
(60) GREENFIELD BLR FINANCE PARTNERS LP 50 NORTH WATER ST SOUTH NORWALK,CT06854 27-4267038	INVESTMENTS	DE	N/A
(61) GREENFIELD BLR PARTNERS LP 50 NORTH WATER ST SOUTH NORWALK,CT06854 20-1221910	INVESTMENTS	DE	N/A
(62) GREENHAVEN APARTMENTS LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 27-4746803	INVESTMENTS	DE	N/A
(63) GUEPARDO MASTER FUND LLC 700 14 ANDAR SAO PAULO BR 98-0536488	INVESTMENTS	BR	N/A
(64) HAMPDEN INSURANCE PARTNERS I LP 94 SOLARIS AVE CAMANA BAY,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A
(65) HARVARD COMMINGLED ACCOUNT HMC INC 600 ATLANTIC AVE BOSTON,MA02210 04-3344621	INVESTMENTS	MA	N/A
(66) HARVARD CV LLC 1033 MASS AVE 3RD FL CAMBRIDGE,MA02138 80-0641747	REAL ESTATE	MA	N/A
(67) HARVARD INVESTMENT ASSOCIATES HMC INC 600 ATLANTIC AVE BOSTON,MA02210 04-3507407	INVESTMENTS	DE	N/A
(68) HB INSTITUTIONAL LP 10 ST JAMES AVE STE 1700 BOSTON,MA02116 04-3425685	INVESTMENTS	MA	N/A
(69) HFMM 770 BAY LP 250 YONGE ST STE 2400 TORONTO,ONTARIO CA	INVESTMENTS	CA	N/A
(70) HFMM LP 4711 YONGE ST STE 1400 TORONTO,ONTARIO CA	INVESTMENTS	CA	N/A
(71) HMC JUWEEL HOLDINGS LP PO BOX 309 UGLAND HOUSE GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A
(72) IEC ATLANTIC I LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 27-3609237	INVESTMENTS	DE	N/A
(73) IEC ATLANTIC II LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 37-1657369	INVESTMENTS	DE	N/A
(74) IEC ATLANTIC III LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 32-0390438	INVESTMENTS	DE	N/A
(75) IEC BREAKWATER LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 45-4447102	INVESTMENTS	DE	N/A
(76) IEC HIDDEN CREEK LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 45-3083079	INVESTMENTS	DE	N/A
(77) IEC JEFFERSON 2 LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 45-5466161	INVESTMENTS	DE	N/A
(78) IEC JEFFERSON LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 45-3679129	INVESTMENTS	DE	N/A
(79) IEC NINTH AVE LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 45-5466236	INVESTMENTS	DE	N/A
(80) INDY BLUE EQUITY LLC 1360 AVE OF AMERICA NEW YORK,NY10019 45-3668839	INVESTMENTS	DE	N/A
(81) IRON POINT CO-INVESTMENT I LLC 201 MAIN ST STE 2300 FORT WORTH,TX76102 45-4748900	INVESTMENTS	DE	N/A
(82) IRON POINT REAL ESTATE PARTNERS III-TE (H) LP 201 MAIN ST STE 2300 FORT WORTH,TX76102 61-1740169	INVESTMENTS	DE	N/A
(83) IRON POINT REAL ESTATE PARTNERS II-TE (H) LP 201 MAIN ST STE 2300 FORT WORTH,TX76102 45-2502061	INVESTMENTS	DE	N/A
(84) IRON POINT REAL ESTATE PARTNERS -TE (H) LP 201 MAIN ST STE 2300 FORT WORTH,TX76102 26-0526961	INVESTMENTS	TX	N/A
(85) ISLA VISTA ACQUISITION GROUP LLC 353 NORTH CLARK ST STE 730 CHICAGO,IL60654 27-2436234	INVESTMENTS	DE	N/A
(86) ISLAND C-III ATLANTIC HOLDINGS LLC 300 N MAIN ST STE 402 GREENVILLE,SC29601 47-1180960	INVESTMENTS	DE	N/A
(87) JEN CAPITAL II REAL ESTATE FUND LP 19 WORLDWIDE HOUSE 19 DES VOEUX RD HONG KONG CH 98-1102667	INVESTMENTS	CH	N/A
(88) L-A SATURN ACQUISITION LP HMC INC 600 ATLANTIC AVE BOSTON,MA02210 30-0825127	INVESTMENTS	DE	N/A
(89) LIQUID REALTY PARTNERS IV (PF1) LP 101 MARKET ST 769 CAMANA BAY GEORGE TOWN,GRAND CAYMAN CJ 26-0346359	INVESTMENTS	CJ	N/A
(90) LIQUID REALTY PARTNERS IV INVESTMENTS AIV (PF1) LP 199 E LINDA MESA AVE 10 DANVILLE,CA94526	INVESTMENTS	DE	N/A
(91) LIQUID REALTY PARTNERS IV INVESTMENTS II AIV (PF1) LP 199 E LINDA MESA AVE 10 DANVILLE,CA94526	INVESTMENTS	DE	N/A
(92) LIQUID REALTY PARTNERS IV TAX EXEMPT (PF1) LP 101 MARKET ST 769 CAMANA BAY GEORGE TOWN,GRAND CAYMAN CJ 26-0489545	INVESTMENTS	CJ	N/A
(93) LMI PEARL APARTMENT HOMES HOLDINGS LLC 700 NW 107TH AVE STE 400 MIAMI,FL33172 36-7457323	INVESTMENTS	DE	N/A
(94) LONGFELLOW ATLANTIC HOLDINGS LLC 260 FRANKLIN ST BOSTON,MA02110 80-0965922	INVESTMENTS	DE	N/A
(95) LUBERT-ADLER CAPITAL REAL ESTATE FUND III LP 2929 ARCH ST STE 1650 PHILADELPHIA,PA19104 52-2279515	INVESTMENTS	DE	N/A
(96) LUBERT-ADLER REAL ESTATE FUND VII LP 2929 ARCH ST STE 1650 PHILADELPHIA,PA19104 80-0955742	INVESTMENTS	DE	N/A
(97) MCRB LLC 152 WEST 57TH ST 46TH FL NEW YORK,NY10019 46-1235435	INVESTMENTS	DE	N/A
(98) MCRS LLC 152 WEST 57TH ST 46TH FL NEW YORK,NY10019 27-3637201	INVESTMENTS	DE	N/A
(99) MDH ATLANTIC HOLDINGS LLC 3715 NSIDE PKWY NW BDLG 400 STE 240 ATLANTA,GA30327 46-5214306	INVESTMENTS	DE	N/A
(100) PATIO GARDENS LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 45-5311665	INVESTMENTS	DE	N/A
(101) PSI ATLANTIC HOLDINGS LLC 530 OAK COURT DR STE 185 MEMPHIS,TN37117 46-4391864	INVESTMENTS	DE	N/A
(102) PUTNAM SQUARE APTS CO LP HRES 1350 MASS AVE CAMBRIDGE,MA02138 04-3183446	REAL ESTATE	MA	N/A
(103) QUEENS VENTURES LLC 1065 AVE OF THE AMERICAS 31ST FL NEW YORK,NY10024 80-0963664	INVESTMENTS	DE	N/A
(104) ROUND TABLE INTEREST RATE INTERMEDIATE FUND LTD WINDWARD I2FLREG OFC PRKW BAY R CJ	INVESTMENTS	CJ	N/A
(105) RUBY ATLANTIC AJCP HOLDINGS LLC 133 NORTH JEFFERSON ST 4TH FL CHICAGO,IL60661 46-4623957	INVESTMENTS	DE	N/A
(106) SOIL INNOVATIONS LLC AV DR CARDOSO DE MELO1340-11 ANDA SAO PAULO BR 90-0538481	INVESTMENTS	BR	N/A
(107) SOUTHWOOD GARDENS LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 45-4154784	INVESTMENTS	DE	N/A
(108) TETRIS PROPERTY LP 1360 AVE OF AMERICAS NEW YORK,NY10019 46-1625319	INVESTMENTS	DE	N/A
(109) THE ECO PRODUCTS FUND 400 MADISON AVE STE 14A NEW YORK,NY10017 26-1329990	INVESTMENTS	DE	N/A
(110) THE TRITON FUND II NO 2 LP 22 GRENVILLE ST ST. HELIER JE	INVESTMENTS	JE	N/A
(111) THE VILLAGE 1 LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 45-3419666	INVESTMENTS	DE	N/A
(112) THE VILLAGE 2 LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 45-3159941	INVESTMENTS	DE	N/A
(113) THE WILDHORN FUND LP POB1234 GT QUNSGTE HSES CRCH ST GEORGE TOWN,GRAND CAYMAN CJ 98-0527266	INVESTMENTS	CJ	N/A
(114) TRAVIS COAL RESTRUCTURED HOLDINGS LLC 200 CLARENDON ST BOSTON,MA02116 20-2595311	INVESTMENTS	DE	N/A
(115) USRA ATLANTIC CAPITAL PARTNERS LLC 1360 AVE OF AMERICA NEW YORK,NY10019 45-2686195	INVESTMENTS	DE	N/A
(116) VERBENA LLC DBA PURPLE VERBENA LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02110 90-0708621	INVESTMENTS	DE	N/A
(117) WASHINGTON HEIGHTS I LLC 1065 AVE OF THE AMERICAS 31ST FL NEW YORK,NY10024 80-0858078	INVESTMENTS	DE	N/A
(118) WBH KIRBY HILL CO-INVESTMENT LLC 7121 FAIRWAY DR STE 410 PALM BEACH GARDENS,FL33418 14-1933484	INVESTMENTS	DE	N/A

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	Yes	No
(1) 2226081 ONTARIO LTD 333 BAY ST STE 3400 TORONTO,ONTARIO CA	INVESTMENTS	CA	N/A	C				No
(2) 365 CHURCH STREET LP 4711 YONGE ST STE 1400 TORONTO,ONTARIO CA	INVESTMENTS	CA	N/A	C				No
(3) ADELAIDE-PETER DEVELOPMENTS 4711 YONGE ST STE 1400 TORONTO,ONTARIO CA 98-0684328	INVESTMENTS	CA	N/A	C				No
(4) AGRICOLA BRINZAL LTDA AV SANTA MARIA 6350 OFICINA 307 VITACURA,SANTIAGO CI	INVESTMENTS	CI	N/A	C				No
(5) AGRICOLA DURAMEN LTDA AV SANTA MARIA 6350 OFICINA 307 VITACURA,SANTIAGO CI	INVESTMENTS	CI	N/A	C				No
(6) AGRICOLA E INVERSIONES PAMPA ALEGRE SA AV SANTA MARIA 6350 OFICINA 307 VITACURA,SANTIAGO CI	INVESTMENTS	CI	N/A	C				No
(7) AGRICOLA EL CARDONAL LTDA DEL INCA NO 4446 OFICINA 1007 LAS CONDES,SANTIAGO CI	INVESTMENTS	CI	N/A	C				No
(8) AGRICOLA FUNDO BUCALEMU LTDA DEL INCA NO 4446 OFICINA 1007 LAS CONDES,SANTIAGO CI 98-0639220	INVESTMENTS	CI	N/A	C				No
(9) AGRICOLA LOS RIOS SPA AV SANTA MARIA 6350 OFICINA 307 VITACURA,SANTIAGO CI 98-1209592	INVESTMENTS	CI	N/A	C				No
(10) AGRICOLA RAPEL LTDA DEL INCA NO 4446 OFICINA 1007 LAS CONDES,SANTIAGO CI 98-0639218	INVESTMENTS	CI	N/A	C				No
(11) AGRICOLA RETIRO LTDA DEL INCA NO 4446 OFICINA 1007 LAS CONDES,SANTIAGO CI	INVESTMENTS	CI	N/A	C				No
(12) AGRICOLA RIBERA LTDA DEL INCA NO 4446 OFICINA 1007 LAS CONDES,SANTIAGO CI	INVESTMENTS	CI	N/A	C				No
(13) AGROFLORESTAL VERDE SUL SA RODOVIA RS473KM 22RSSALSO DISTRICT MATARAZZO,RIO GRANDE DO SUL BR	INVESTMENTS	BR	N/A	C				No
(14) AQUILA INC WALKER HSE MARY ST POB908GT GEORGE TOWN,GRAND CAYMAN CJ 98-0532782	INVESTMENTS	CJ	N/A	C				No
(15) ARA INC WALKER HSE MARY ST POB908GT GEORGE TOWN,GRAND CAYMAN CJ 98-0543813	INVESTMENTS	CJ	N/A	C				No
(16) ARACARI SA PH PLAZA 2000 BLDG 50TH ST REPUBLIC OF PANAMA PM	INVESTMENTS	PM	N/A	C				No
(17) ARROWSTREET CAPITAL GLOBAL EQUITY LONG SHORT FUND (FEEDER) LTD PO BOX 309 UGLAND HOUSE GEORGE TOWN,GRAND CAYMAN CJ 98-1137946	INVESTMENTS	CJ	N/A	C				No
(18) ASIA LANDMARK SPECIAL FUND LTD OGIER 89 NEXUS WAY CAMANA BAY,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(19) ATLANTIC AVENUE REALTY LTD PO BOX 309 UGLAND HOUSE GEORGE TOWN,GRAND CAYMAN CJ 98-0533323	INVESTMENTS	CJ	N/A	C				No
(20) ATLANTIC CT REIT INC 65 ENTERPRISE STE 150 ALISO VIEJO,CA92656 46-2500323	INVESTMENTS	DE	N/A	C				No
(21) ATLANTIC DV HOLDINGS LTD PO BOX 309 UGLAND HOUSE GEORGE TOWN,GRAND CAYMAN CJ 98-1196247	INVESTMENTS	CJ	N/A	C				No
(22) ATLANTIC EUROPE INVESTMENTS GP LTD 50 LOTHIAN RD FESTIVAL SQUARE EDINBURGH UK	INVESTMENTS	UK	N/A	C				No
(23) ATLANTIC EUROPE INVESTMENTS LP 50 LOTHIAN RD FESTIVAL SQUARE EDINBURGH UK 98-0670648	INVESTMENTS	UK	N/A	C				No
(24) ATLANTIC FM LTD PO BOX 309 UGLAND HOUSE GEORGE TOWN,GRAND CAYMAN CJ 98-1249059	INVESTMENTS	CJ	N/A	C				No
(25) ATLANTIC NBS LTD 47 ESPLANADE ST. HELIER,CHANNEL ISLANDS JE 98-1220176	INVESTMENTS	JE	N/A	C				No
(26) ATLANTIC NREP LTD PO BOX 309 UGLAND HOUSE GEORGE TOWN,GRAND CAYMAN CJ 98-1219940	INVESTMENTS	CJ	N/A	C				No
(27) ATLANTIC P3 PROGRAM REIT INC 4380 LAJOLLA VILLAGE DR STE 230 SAN DIEGO,CA92122 47-2704934	INVESTMENTS	DE	N/A	C				No
(28) ATLANTIC REGENT REIT INC 11990 SAN VICENTE BLVD STE 200 LOS ANGELES,CA90049 32-0464661	INVESTMENTS	DE	N/A	C				No
(29) ATLANTIC REIT I INC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 46-3882013	INVESTMENTS	DE	N/A	C				No
(30) ATLANTIC TORONTO 365 CHURCH STREET GENERAL PARTNER INC 355 BURRARD ST STE 1900 VANCOUVER,BRITISH COLUMBIA CA	INVESTMENTS	CA	N/A	C				No
(31) ATLANTIC TORONTO A-P GENERAL PARTNER INC 355 BURRARD ST STE 1900 VANCOUVER,BRITISH COLUMBIA CA 98-0668180	INVESTMENTS	CA	N/A	C				No
(32) ATLANTIC TORONTO GRENVILLE GENERAL PARTNER INC 355 BURRARD ST STE 1900 VANCOUVER,BRITISH COLUMBIA CA	INVESTMENTS	CA	N/A	C				No
(33) ATLANTIC TORONTO HOLDINGS INC 355 BURRARD ST STE 1900 VANCOUVER,BRITISH COLUMBIA CA 98-0668178	INVESTMENTS	CA	N/A	C				No
(34) ATLANTIC URBAN RETAIL INC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 32-6261983	INVESTMENTS	DE	N/A	C				No
(35) AZALEA ROJO LLC HMC INC 600 ATLANTIC AVE BOSTON,MA02110 47-4394154	INVESTMENTS	DE	N/A	C				No
(36) BAINBRIDGE CC URBANA APARTMENTS REIT INC 12765 W FOREST HILL BLVD STE 1307 WELLINGTON,FL33414 47-1171921	INVESTMENTS	DE	N/A	C				No
(37) BLACK KITE PTY LTD LEVEL 38 201 ELIZABETH ST SYDNEY AS	INVESTMENTS	AS	N/A	C				No
(38) BLACK KITE TRUST LEVEL 38 201 ELIZABETH ST SYDNEY AS 98-6063158	INVESTMENTS	AS	N/A	C				No
(39) BLUE ATLANTIC INVESTORS II INC 353 NORTH CLARK ST STE 730 CHICAGO,IL60654 46-1452116	INVESTMENTS	DE	N/A	C				No
(40) BLUE ATLANTIC INVESTORS INC 353 NORTH CLARK ST STE 730 CHICAGO,IL60654 45-1022813	INVESTMENTS	DE	N/A	C				No
(41) BLUE ATLANTIC SHUTTLE LLC 353 NORTH CLARK ST STE 730 CHICAGO,IL60654 45-2542872	INVESTMENTS	DE	N/A	C				No
(42) BRODIAEA INC 5757 PACIFIC AVE STE 222 STOCKTON,CA95207 90-0862085	INVESTMENTS	DE	N/A	C				No
(43) CARACARA LTD PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-1098610	INVESTMENTS	CJ	N/A	C				No
(44) CARACOL AGROPECUARIA LTDA AV CARLOS GOMES 1200 SALA 502 PORTO ALEGRE,RIO GRANDE DO SUL BR 98-0642730	INVESTMENTS	BR	N/A	C				No
(45) CCA JAPAN INVESTMENT BV WTC - TOWER D 12TH FL AMSTERDAM NL	INVESTMENTS	NL	N/A	C				No
(46) CENTRO HARVARD-D ROCKEFELLAR PARA ESTUDIOS LATINAMERICANOS AC EDIF BALMORI ORIZABA 101-102 COL MEXICO CITY D.F. MX	FACULTY AND STUDENT ACTIVITIES	MX	N/A	C				No
(47) CHARITABLE LEAD TRUSTS (44)	CHARITABLE TRUST	MA	N/A	T				No
(48) CHARITABLE REMAINDER TRUSTS (778)	CHARITABLE TRUST	MA	N/A	T				No
(49) CHENNAI 2007 CO IFS LTD IFS COURT TWENTY EIGH CYBERCITY,EBENE MP 98-0644770	INVESTMENTS	MP	N/A	C				No
(50) CHEVAL SP PARTICIPACOES LTDA RUA DO FORUM SN SALA B CENTRO,GUADALUPE BR	INVESTMENTS	BR	N/A	C				No
(51) CLAG (CHILE) SPA DEL INCA NO 4446 OFICINA 1007 LAS CONDES,SANTIAGO CI 98-0650099	INVESTMENTS	CI	N/A	C				No
(52) COMPOSITION CAPITAL ASIA FUND CV WTC - TOWER D 12TH FL AMSTERDAM NL 98-0469927	INVESTMENTS	NL	N/A	C				No
(53) COMPOSITION CAPITAL ASIA II FEEDER CV WTC - TOWER D 12TH FL AMSTERDAM NL 98-0563995	INVESTMENTS	NL	N/A	C				No
(54) COMPOSITION CAPITAL EUROPE FUND CV WTC - TOWER D 12TH FL AMSTERDAM NL 98-0459793	INVESTMENTS	NL	N/A	C				No
(55) COMPOSITION CAPITAL EUROPE II FEEDER CV WTC - TOWER D 12TH FL AMSTERDAM NL 98-0569903	INVESTMENTS	NL	N/A	C				No
(56) COMPOSITION FEEDER GMBH BORSENSTRASSE 2-4 60313 FRANKFURT AM MAIN GM	INVESTMENTS	GM	N/A	C				No
(57) COMTEL ASSETS CORP 433 E LAS CALINAS BL IRVING,TX75039 20-3239161	INVESTMENTS	DE	N/A	C				No
(58) COMTEL ASSETS INC 433 E LAS CALINAS BL IRVING,TX75039 20-3239269	INVESTMENTS	DE	N/A	C				No
(59) COOPERATIE CC ASIA KOREA FEEDER UA WTC - TOWER D 12TH FL AMSTERDAM NL	INVESTMENTS	NL	N/A	C				No
(60) COPAYAPU SPA 2939 AV ISIDORA GOYENECHEA 11 FL LAS CONDES,SANTIAGO CI 98-1112517	INVESTMENTS	CI	N/A	C				No
(61) CSH PROGRAM REIT II INC 1275 PENNSYLVANIA AVE NW 2ND FL WASHINGTON,DC20004 30-0783361	INVESTMENTS	DE	N/A	C				No
(62) CSH PROGRAM REIT III INC 1275 PENNSYLVANIA AVE NW 2ND FL WASHINGTON,DC20004 47-0981643	INVESTMENTS	DE	N/A	C				No
(63) CSH PROGRAM REIT INC 1275 PENNSYLVANIA AVE NW 2ND FL WASHINGTON,DC20004 27-4280903	INVESTMENTS	DE	N/A	C				No
(64) CSH TRS HOLDING II LLC 1275 PENNSYLVANIA AVE NW 2ND FL WASHINGTON,DC20004 45-4398250	INVESTMENTS	DE	N/A	C				No
(65) CSH TRS HOLDING III LLC 1275 PENNSYLVANIA AVE NW 2ND FL WASHINGTON,DC20004 32-0410113	INVESTMENTS	DE	N/A	C				No
(66) CSH TRS HOLDING IV LLC 1275 PENNSYLVANIA AVE NW 2ND FL WASHINGTON,DC20004 35-2508708	INVESTMENTS	DE	N/A	C				No
(67) CSH TRS HOLDING LLC 1275 PENNSYLVANIA AVE NW 2ND FL WASHINGTON,DC20004 27-4286092	INVESTMENTS	DE	N/A	C				No
(68) DAIRY FARMS PARTNERSHIP 113 RUTHERFORD RD PUKEKOHE NZ 98-0594944	INVESTMENTS	NZ	N/A	C				No
(69) DG PARTICIPANTS LTD PO BOX 309 UGLAND HOUSE GEORGE TOWN,GRAND CAYMAN CJ 98-1167777	INVESTMENTS	CJ	N/A	C				No
(70) EAE ATLANTIC I INC 1065 AVE OF THE AMERICAS 31ST FL NEW YORK,NY10024 90-0892631	INVESTMENTS	DE	N/A	C				No
(71) EAE ATLANTIC II INC 1065 AVE OF THE AMERICAS 31ST FL NEW YORK,NY10024 80-0954229	INVESTMENTS	DE	N/A	C				No
(72) EAE ATLANTIC III INC 1065 AVE OF THE AMERICAS 31ST FL NEW YORK,NY10024 30-0835462	INVESTMENTS	DE	N/A	C				No
(73) EASTERN ROSELLA TRUST 201 ELIZABETH ST SYDNEY AS 98-1131698	AGRICULTURE	AS	N/A	C				No
(74) ECO CEBACO SA 52 Y E MENDEZ PO BOX 0816-06805 PM	INVESTMENTS	PM	N/A	C				No
(75) ECONOMIZA AGROPECUARIA LTDA ESTADA GERAL COND BOA ESPERANCA GRANDE DO RIBEIRO,PIAUI BR	INVESTMENTS	BR	N/A	C				No
(76) ECUADOR TIMBER LP PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-0492706	INVESTMENTS	CJ	N/A	C				No
(77) EL MARIA SA V FINTDEL CL TER 2 C ABAJO1 C AL MANAGUA NU	INVESTMENTS	NU	N/A	C				No
(78) EMBARCADERO CAPITAL INVESTORS II REIT INC 1301 SHOREWAY RD STE 250 BELMONT,CA94002 37-1508503	INVESTMENTS	MD	N/A	C				No
(79) EMERALD CATASTROPHE FUND LTD STE 193 48 PAR-LA-VILLE RD HAMILTON BD	INVESTMENTS	BD	N/A	C				No
(80) EMPRESA ECOLOGICA DEL ORINOCO SAS CRA 9 NO 77 - 67 OFC 804 BOGOTA D.C. CO	INVESTMENTS	CO	N/A	C				No
(81) EMPRESAS VERDES ARGENTINA SA CARLOS PELLEGRINI 1138 PISO 1 CORRIENTES AR	INVESTMENTS	AR	N/A	C				No
(82) ESTANCIA CELINA SA SUIPACHA 1111 - PISO 18 BUENOS AIRES AR	INVESTMENTS	AR	N/A	C				No
(83) FLAMENCO SPA 2939 AV ISIDORA GOYENECHEA 11 FL LAS CONDES,SANTIAGO CI 98-1120387	INVESTMENTS	CI	N/A	C				No
(84) FLORESTAS DO SUL AGROFLORESTAL LTDA RUA TAQUARY 335 DRISTAL PORTO ALEGRE BR 98-0493906	INVESTMENTS	BR	N/A	C				No
(85) FORESTAL BOSQUEPALM CIA LTDA AVE PATRIA E4-41 Y AVE AMFL5OFC5 QUITO EC	INVESTMENTS	EC	N/A	C				No
(86) FORESTAL DEL RIO SA CARLOS PELLEGRINI 1138 PISO 1 CORRIENTES AR	INVESTMENTS	AR	N/A	C				No
(87) FORESTAL FORESVERGAL CIA LTDA AVE PATRIA E4-41 Y AVE AMFL5OFC5 QUITO EC	INVESTMENTS	EC	N/A	C				No
(88) FORTALEZA AGROINDUSTRIAL LTDA FAZENDA FORTALEZA SN - ZONA RURAL SANTA FILOMENA,PIAUI BR	INVESTMENTS	BR	N/A	C				No
(89) FRANCOLIN PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-1006384	INVESTMENTS	CJ	N/A	C				No
(90) FRIENDS OF HARVARD HONG KONG TRUST 8 STORY ST CAMBRIDGE,MA02138 47-7237666	TRUST FOR CONTRIBUTIONS	MA	N/A	T				No
(91) FSP TRS HOLDING LP 3820 MANSELL RD STE 275 ALPARETTA,GA30022 80-0902908	INVESTMENTS	DE	N/A	C				No
(92) GALILEIA AGROINDUSTRIAL LTDA AV PEDROSO DE MORAES 12012ANS4 PINHEIROS,SAO PAULO BR	INVESTMENTS	BR	N/A	C				No
(93) GATEWAY REAL ESTATE FUND III - TE LP 22ND FL 1 LYNDHURST TOWER HONG KONG CH 98-0669480	INVESTMENTS	CH	N/A	C				No
(94) GAVEA INVESTMENT FUND II B LP PO986GARD CRT STE 3307 45 MKT ST CAMANA BAY,GRAND CAYMAN CJ 98-0537951	TRADING	CJ	N/A	C				No
(95) GAVEA JUS BG 1 - FEEDER LP PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-1018586	INVESTMENTS	CJ	N/A	C				No
(96) GAVEA JUS BRAZILIAN GOVERNMENT LIABILITIES FUND II-B LP POB 896GT GARD CRTS330745 MKT ST CAMANA BAY CJ 98-0702067	INVESTMENTS	CJ	N/A	C				No
(97) GBE DEVELOPMENT I LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(98) GBE DEVELOPMENT II LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(99) GBE DEVELOPMENT III LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(100) GBE DEVELOPMENT IV LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(101) GBE DEVELOPMENT V LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(102) GBE DEVELOPMENT VI LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(103) GBE FAZENDAS LTD AV DAS AMERICAS 700 BLOCO 5 CIDADE DO RIO DE JANEIRO,RIO DE JANEIRO BR	INVESTMENTS	BR	N/A	C				No
(104) GBE HOLDINGS LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(105) GBE INVESTMENTS LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(106) GBE PROJETOS AGRICOLAS II LTDA AV DAS AMERICAS 700 BLOCO 5 CIDADE DO RIO DE JANEIRO,RIO DE JANEIRO BR	INVESTMENTS	BR	N/A	C				No
(107) GBE PROJETOS AGRICOLAS VII LTDA RUA DO FORUM SN SALA B CENTRO,GUADALUPE BR	INVESTMENTS	BR	N/A	C				No
(108) GBE PROPERTIES I LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(109) GBE PROPERTIES II LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(110) GBE PROPERTIES III LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(111) GBE PROPERTIES IV LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(112) GBE PROPERTIES V LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(113) GBE PROPERTIES VI LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(114) GBE PROPRIEDADES E EMPREENDIMENTOS IMOBILIARIOS BAHIA LTDA AV DAS AMERICAS 700 BLOCO 5 CIDADE DO RIO DE JANEIRO,RIO DE JANEIRO BR	INVESTMENTS	BR	N/A	C				No
(115) GBE PROPRIEDADES E EMPREENDIMENTOS IMOBILIARIOS PIAUI LTDA AV DAS AMERICAS 700 BLOCO 5 CIDADE DO RIO DE JANEIRO,RIO DE JANEIRO BR	INVESTMENTS	BR	N/A	C				No
(116) GBE PROPRIEDADES E EMPREENDIMENTOS IMOBILIARIOS TOCANTINS LTDA AV DAS AMERICAS 700 BLOCO 5 CIDADE DO RIO DE JANEIRO,RIO DE JANEIRO BR	INVESTMENTS	BR	N/A	C				No
(117) GBE PROPRIEDADES E EMPREENDIMENTOS MINAS GERAIS LTDA AV DAS AMERICAS 700 BLOCO 5 CIDADE DO RIO DE JANEIRO,RIO DE JANEIRO BR	INVESTMENTS	BR	N/A	C				No
(118) GBE PROPRIEDADES GUADALUPE LTDA RUA DO FORUM SN SALA B CENTRO,GUADALUPE BR	INVESTMENTS	BR	N/A	C				No
(119) GERRITY ATLANTIC RETAIL PARTNERS II INC 977 LOMAS SANTA FE DR STE A SOLANA BEACH,CA92075 46-4417545	INVESTMENTS	DE	N/A	C				No
(120) GERRITY ATLANTIC RETAIL PARTNERS INC 977 LOMAS SANTA FE DR STE A SOLANA BEACH,CA92075 27-4802513	INVESTMENTS	DE	N/A	C				No
(121) GRANARY INVESTMENTS IFS COURT TWENTY EIGHT CYBERCITY,EBENE MP 98-0607880	INVESTMENTS	MP	N/A	C				No
(122) GREEN ROSELLA TRUST 201 ELIZABETH ST SYDNEY AS 98-1126908	AGRICULTURE	AS	N/A	C				No
(123) GREENGOLD AGRIROM SRL 24 CONSTANTIN NOICA ST RO 98-1091760	INVESTMENTS	RO	N/A	C				No
(124) GREENGOLD EUROPEAN CAPITAL SA 5 RUE GUILLAUME KROLL LU 98-1091994	INVESTMENTS	LU	N/A	C				No
(125) GREENGOLD FUTURE TREES SRL 14 BIHORULUI ST BLOCK 21 APP 62 RO 98-1206286	INVESTMENTS	RO	N/A	C				No
(126) GREENGOLD VALUE FORESTS LATVIA SIA KULDIGAS RAJONS KURM PAGASTS BRALI LG 98-0648693	INVESTMENTS	LG	N/A	C				No
(127) GREENGOLD VALUE FORESTS LITHUANIA UAB JOGAILOS G 9 VILNIUS LH 98-1117259	INVESTMENTS	LH	N/A	C				No
(128) GREENGOLD VALUE FORESTS SRL 24 CONSTANTIN NOICA ST RO	INVESTMENTS	RO	N/A	C				No
(129) GUANARE AARL JUNCAL 1327 21 FL MONTEVIDEO UY 98-0641951	INVESTMENTS	UY	N/A	C				No
(130) GUANARE SA JUNCAL 1327 21 FL MONTEVIDEO UY	INVESTMENTS	UY	N/A	C				No
(131) HARVARD ARASTIRMA VE EGITIM MERKEZI ISTANBUL LIMITED SIRKETI 185 BUYUKDERE CAD KANYON OFIS 3 INSTANBUL TU	RESEARCH SUPPORT/EVENT SUPPORT	TU	N/A	C				No
(132) HARVARD BUSINESS SCHOOL PUBLISHING ASIA PACIFIC LTD 80 RAFFLES PL 25-01 UOB PLAZA SN	SALES SUPPORT	SN	N/A	C				No
(133) HARVARD BUSINESS SCHOOL PUBLISHING EUROPE LTD 23 SICILIAN AVE LONDON UK	SALES SUPPORT	UK	N/A	C				No
(134) HARVARD BUSINESS SCHOOL PUBLISHING FRANCE 23 RUE DU ROULE PARIS FR	SALES SUPPORT	FR	N/A	C				No
(135) HARVARD BUSINESS SCHOOL PUBLISHING INDIA PRIVATE LTD UNIT 423 GRAND HYATT MUMBAI MUMBAI IN	PUBLISHING SUPPORT	IN	N/A	C				No
(136) HARVARD CENTER SHANGHAI CO LTD 5TH FL INTL FIN CTR 8 CENT AVE SHANGHAI CH	RESEARCH SUPPORT/LOGISTICAL SUPPORT FOR EVENTS	CH	N/A	C				No
(137) HARVARD PRIVATE CAPITAL PROPERTIES II INC HMC INC 600 ATLANTIC AVE BOSTON,MA02110 04-3140558	INVESTMENTS	DE	N/A	C				No
(138) HARVARD PRIVATE CAPITAL PROPERTIES III INC HMC INC 600 ATLANTIC AVE BOSTON,MA02110 76-0254935	INVESTMENTS	DE	N/A	C				No
(139) HARVARD UNIVERSITY PRESS OF NEW YORK HU PRESS 79 GARDEN ST CAMBRIDGE,MA02138 13-3784301	PUBLISHING	NY	N/A	C				No
(140) HARVARD UNIVERSITY PRESS LTD VERNON HOUSE 23 SICILIAN AVE LONDON UK	BOOK DISTRIBUTION	UK	N/A	C				No
(141) HB CAYMAN LTD PO BOX 309 GT GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(142) HG GULF FZ LLC MAKTOUM ACADMED CTR 2 FL DUBAI AE	EDUCATION AND RESEARCH	AE	N/A	C				No
(143) HMC ADAGE MANAGER INC HMC INC 600 ATLANTIC AVE BOSTON,MA02110 04-3567988	INVESTMENTS	DE	N/A	C				No
(144) HMC JUWEEL INVESTORS LP PO BOX 309 UGLAND HOUSE GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(145) HOUND PARTNERS LONG FUND LTD 89 NEXUS WAY CAMANA BAY CJ	INVESTMENTS	CJ	N/A	C				No
(146) HPC PATRON SCOTLAND LP 50 LOTHIAN RD FESTIVAL SQUARE EDINBURGH UK 98-0438748	INVESTMENTS	UK	N/A	C				No
(147) INSOLO AGROINDUSTRIAL SA AV PEDROSO DE MORAES 12012ANS4 PINHEIROS,SAO PAULO BR	INVESTMENTS	BR	N/A	C				No
(148) INVERSIONES CATIVAL SA V FINTDEL CL TER 2 C ABAJO1 C AL MANAGUA NU	INVESTMENTS	NU	N/A	C				No
(149) INVERSIONES HEFEI SAC LAS BEGONIAS 475 6TH FL SAN ISIDORO,LIMA PE 98-1111292	INVESTMENTS	PE	N/A	C				No
(150) INVERSIONES LEFKADA SAC LAS BEGONIAS 475 6TH FL SAN ISIDORO,LIMA PE 98-1110859	INVESTMENTS	PE	N/A	C				No
(151) INVERSIONES MOSQUETA SAC LAS BEGONIAS 475 6TH FL SAN ISIDORO,LIMA PE 98-1110734	INVESTMENTS	PE	N/A	C				No
(152) INVERSIONES PIRONA SAC LAS BEGONIAS 475 6TH FL SAN ISIDORO,LIMA PE 98-1111636	INVESTMENTS	PE	N/A	C				No
(153) INVERSIONES SANTA RITA SA V FINTDEL CL TER 2 C ABAJO1 C AL MANAGUA NU	INVESTMENTS	NU	N/A	C				No
(154) INVERSIONES TRES CUMBRES LTDA ROGER DE FLOR 2736 DP 8 COMUNA LAS CONDES,SANTIAGO CI 98-0446986	INVESTMENTS	CI	N/A	C				No
(155) IPE AGROINDUSTRIAL LTDA AV PEDROSO DE MORAES 12012ANS4 PINHEIROS,SAO PAULO BR	INVESTMENTS	BR	N/A	C				No
(156) ISLA VISTA FOOD SERVICES LLC 353 NORTH CLARK ST STE 730 CHICAGO,IL60654 27-3070185	INVESTMENTS	DE	N/A	C				No
(157) ISLA VISTA INVESTORS INC 353 NORTH CLARK ST STE 730 CHICAGO,IL60654 27-3070148	INVESTMENTS	DE	N/A	C				No
(158) JACANA PROPERTIES SA PH PLAZA 2000 BLDG 50TH ST REPUBLIC OF PANAMA PM	INVESTMENTS	PM	N/A	C				No
(159) JUNCO PROPERTIES SA PH PLAZA 2000 BLDG 50TH ST REPUBLIC OF PANAMA PM	INVESTMENTS	PM	N/A	C				No
(160) LA JACARANDA SA V FINTDEL CL TER 2 C ABAJO1 C AL MANAGUA NU	INVESTMENTS	NU	N/A	C				No
(161) LA MORA SA V FINTDEL CL TER 2 C ABAJO1 C AL MANAGUA NU	INVESTMENTS	NU	N/A	C				No
(162) LA ZARZA SA V FINTDEL CL TER 2 C ABAJO1 C AL MANAGUA NU	INVESTMENTS	NU	N/A	C				No
(163) LABELLE SP PARTICIPACOES LTDA RUA DO FORUM SN SALA B CENTRO,GUADALUPE BR	INVESTMENTS	BR	N/A	C				No
(164) LAS ACACIAS SA V FINTDEL CL TER 2 C ABAJO1 C AL MANAGUA NU	INVESTMENTS	NU	N/A	C				No
(165) LAS MISIONES SA SUIPACHA 1111 - PISO 18 BUENOS AIRES AR	INVESTMENTS	AR	N/A	C				No
(166) LASALLE ASIA OPPORTUNITY CAYMAN I LTD PO BOX 309 UGLAND HOUSE GEORGE TOWN,GRAND CAYMAN CJ 98-0447511	INVESTMENTS	CJ	N/A	C				No
(167) LIFETIME CENTRECOURT GRENVILLE LP 22 ST CLAIR AVE EAST STE 1010 TORONTO,ONTARIO CA 98-0684331	INVESTMENTS	CA	N/A	C				No
(168) LINDENE LTD PO BOX 309 UGLAND HOUSE GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(169) LIQUID REALTY PARTNERS IV TAX EXEMPT (PF1) II LP 199 E LINDA MESA AVE 10 DANVILLE,CA94526 98-0560775	INVESTMENTS	JE	N/A	C				No
(170) LIQUID REALTY PARTNERS IV TAX EXEMPT (PF1) LTD 199 E LINDA MESA AVE 10 DANVILLE,CA94526 98-0555927	INVESTMENTS	JE	N/A	C				No
(171) LONGFELLOW ATLANTIC REIT INC 260 FRANKLIN ST BOSTON,MA02110 46-4628691	INVESTMENTS	DE	N/A	C				No
(172) LONGSTOCKING INVESTMENT CORP HMC INC 600 ATLANTIC AVE BOSTON,MA02210 52-2116455	INVESTMENTS	MA	N/A	C				No
(173) LONGTERM FOREST PARTNERS CIA LTDA AVE PATRIA E4-41 Y AVE AMFL5OFC5 QUITO EC	INVESTMENTS	EC	N/A	C				No
(174) LOS ARRAYANES SA V FINTDEL CL TER 2 C ABAJO1 C AL MANAGUA NU	INVESTMENTS	NU	N/A	C				No
(175) LOS LAURELES SA V FINTDEL CL TER 2 C ABAJO1 C AL MANAGUA NU	INVESTMENTS	NU	N/A	C				No
(176) MAGUARI LTD PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-1097957	INVESTMENTS	CJ	N/A	C				No
(177) MASDEVALLIA LTD PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-1083311	INVESTMENTS	CJ	N/A	C				No
(178) MCRB REAL ESTATE INVESTMENT TRUST INC 152 WEST 57TH ST 46TH FL NEW YORK,NY10019 46-1195422	INVESTMENTS	DE	N/A	C				No
(179) MCRB TENANT HOLDCO LLC 152 WEST 57TH ST 46TH FL NEW YORK,NY10019 46-1195591	INVESTMENTS	DE	N/A	C				No
(180) MCRS REAL ESTATE INVESTMENT TRUST INC 152 WEST 57TH ST 46TH FL NEW YORK,NY10019 27-3605599	INVESTMENTS	DE	N/A	C				No
(181) MCRS TENANT HOLDCO LLC 152 WEST 57TH ST 46TH FL NEW YORK,NY10019 27-3869467	INVESTMENTS	DE	N/A	C				No
(182) MDH ATLANTIC REIT INC 3715 NSIDE PKWYNW BLDG 400S240 ATLANTA,GA30327 46-5247314	INVESTMENTS	DE	N/A	C				No
(183) MIRABILIS SA CALLE LAS BEGONIAS 475 DPTO 702 SAN ISIDORO,LIMA PE	INVESTMENTS	PE	N/A	C				No
(184) NAZARE AGROINDUSTRIAL LTDA AV PEDROSO DE MORAES 12012ANS4 PINHEIROS,SAO PAULO BR	INVESTMENTS	BR	N/A	C				No
(185) NCH AGRIBUSINESS INVESTORS CORP PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ 98-0559097	INVESTMENTS	CJ	N/A	C				No
(186) NCH INVESTORS FUND (HU) CORP PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(187) NEW VERNON INDIA (CAYMAN) FUND LP 2330 PLAZA FIVE JERSEY CITY 07311 CJ 20-1577934	INVESTMENTS	CJ	N/A	C				No
(188) NGL HOLDINGS INC 200 CLARENDON ST BOSTON,MA02116 33-1101243	INVESTMENTS	DE	N/A	C				No
(189) NICA TECA SA V FINTDEL CL TER 2 C ABAJO1 C AL MANAGUA NU	INVESTMENTS	NU	N/A	C				No
(190) NICARAO I LTD PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-0643167	INVESTMENTS	CJ	N/A	C				No
(191) NICARAO II LTD PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-0643169	INVESTMENTS	CJ	N/A	C				No
(192) NICARAO LTD PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-0643164	INVESTMENTS	CJ	N/A	C				No
(193) NICATECA INC WALKER HOUSE 87 MARY ST GEORGE TOWN,GRAND CAYMAN CJ 98-0520487	INVESTMENTS	CJ	N/A	C				No
(194) OPERA SA V FINTDEL CL TER 2 C ABAJO1 C AL MANAGUA NU	INVESTMENTS	NU	N/A	C				No
(195) PARFEN SRL JUNCAL 1305 21 FL MONTEVIDEO UY	INVESTMENTS	UY	N/A	C				No
(196) PATRIOT INTEREST HOLDINGS INC 200 CLARENDON ST BOSTON,MA02116 01-0938844	INVESTMENTS	DE	N/A	C				No
(197) PEARL RETAIL INC PO BOX 309 UGLAND HOUSE GEORGE TOWN,GRAND CAYMAN CJ 98-1048757	INVESTMENTS	CJ	N/A	C				No
(198) PERMIAN MIDSTREAM CORP 200 CLARENDON ST BOSTON,MA02116 01-0938834	INVESTMENTS	TX	N/A	C				No
(199) PINARES AARL JUNCAL 1305 21 FL MONTEVIDEO UY 98-0641950	INVESTMENTS	UY	N/A	C				No
(200) POOLED INCOME FUNDS (3)	CHARITABLE TRUST	MA	N/A	T				No
(201) PRADARIA AGROFLORESTAL LTDA AVE ALFONSO PENA 3504 RM 73 CTR CAMPO GRANDE,MATO GROSSO BR 98-0642732	INVESTMENTS	BR	N/A	C				No
(202) PROMONTORIA HOLDING MAP BV OUDE UTRECHTSEWEG 32 BAARN NL	INVESTMENTS	NL	N/A	C				No
(203) PSI ATLANTIC REIT INC 530 OAK COURT DR STE 185 MEMPHIS,TN37117 46-4502358	INVESTMENTS	DE	N/A	C				No
(204) PSI ATLANTIC TRS LLC 530 OAK COURT DR STE 185 MEMPHIS,TN37117 46-5654629	INVESTMENTS	DE	N/A	C				No
(205) PULAR SPA 2939 AV ISIDORA GOYENECHEA 11 FL LAS CONDES,SANTIAGO CI	INVESTMENTS	CI	N/A	C				No
(206) QUETZAL BLUE SA CALLE 52 Y ELVIRA MENDEZ PANAMAN PM	INVESTMENTS	PM	N/A	C				No
(207) REGENT OFFICE FUND II REIT HMC INC 600 ATLANTIC AVE BOSTON,MA02210 47-2081357	INVESTMENTS	DE	N/A	C				No
(208) REPRESA PROPERTIES LTD PO 309GT UGLAND HSE S CHURCH ST GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(209) RETIREMENT PLAN TRUST FOR EMPLOYEES OF HARVARD UNIVERSITY 1033 MASS AVE 3RD FL CAMBRIDGE,MA02138 04-2636388	INVESTMENTS	MA	N/A	T				No
(210) RIO MIRA PARTICIPACOES LTDA AV DAS AMERICAS 700 BLOCO 5 CIDADE DO RIO DE JANEIRO,RIO DE JANEIRO BR	INVESTMENTS	BR	N/A	C				No
(211) ROARING FORK INVESTMENT TRUST 250 YONGE ST STE 4200 TORONTO,ONTARIO CA 98-0458290	INVESTMENTS	CA	N/A	C				No
(212) ROMPLY MEROPS SRL 28-C C-TIN BUDISTEANUI ST 3RD FL BUCHAREST RO 98-0646095	INVESTMENTS	RO	N/A	C				No
(213) ROSELLA HOLD TC PTY LTD 201 ELIZABETH ST SYDNEY AS 98-1126654	AGRICULTURE	AS	N/A	C				No
(214) ROSELLA SUB TC PTY LTD 201 ELIZABETH ST SYDNEY AS 98-1126678	AGRICULTURE	AS	N/A	C				No
(215) ROSELLA LTD PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-1120479	AGRICULTURE	CJ	N/A	C				No
(216) ROUND TABLE INTEREST RATE FUND LTD 2ND FLR REGATTA OF PRK W BAY RD GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(217) RUBY ATLANTIC AJCP PROGRAM TRS LLC 133 NORTH JEFFERSON ST 4TH FL CHICAGO,IL60661	INVESTMENTS	DE	N/A	C				No
(218) RUBY ATLANTIC REIT INC HMC INC 600 ATLANTIC AVE BOSTON,MA02210 46-4632061	INVESTMENTS	DE	N/A	C				No
(219) SANTA FILOMENA AGROINDUSTRIAL LTDA AV PEDROSO DE MORAES 12012ANS4 PINHEIROS,SAO PAULO BR	INVESTMENTS	BR	N/A	C				No
(220) SCOLOPAX SRL BRASOV 8 VICTORIEI ST B1 42 BIS BRASOV COUNTY RO	INVESTMENTS	RO	N/A	C				No
(221) SCOUT CAPITAL LONG TERM LTD 89 NEXUS WAY GEORGE TOWN,GRAND CAYMAN CJ	INVESTMENTS	CJ	N/A	C				No
(222) SERRA GRANDE AGROINDUSTRIAL LTDA AV PEDROSO DE MORAES 12012ANS4 PINHEIROS,SAO PAULO BR	INVESTMENTS	BR	N/A	C				No
(223) SOBRALIA LTD PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-1084076	INVESTMENTS	CJ	N/A	C				No
(224) SOCIEDAD EXPLOTADORA AGRICOLA SPA DEL INCA NO 4446 OFICINA 1007 LAS CONDES,SANTIAGO CI 98-0632838	INVESTMENTS	CI	N/A	C				No
(225) SORA LTD PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-1098256	INVESTMENTS	CJ	N/A	C				No
(226) SOROTIVO AGROPECUARIA LTDA AV PEDROSO DE MORAES 12012ANS4 PINHEIROS,SAO PAULO BR	INVESTMENTS	BR	N/A	C				No
(227) STELIS LTD PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-1083800	INVESTMENTS	CJ	N/A	C				No
(228) SUSTAINABLE TEAK PARTCIPACOES LTDA AVE GVRN P DE ARRUDA 10545 ARPRT VAREZEA GRANDE,MATO GROSSO BR 98-0639215	INVESTMENTS	BR	N/A	C				No
(229) SUSTAINABLE TIMBERS SA AVE JUSTO AROSEMANA 32 ST E CORREGIMIENTO DE CALIDONIA PM	INVESTMENTS	PM	N/A	C				No
(230) TACORA SPA 2939 AV ISIDORA GOYENECHEA 11 FL LAS CONDES,SANTIAGO CI	INVESTMENTS	CI	N/A	C				No
(231) TAGUA SPA 2939 AV ISIDORA GOYENECHEA 11 FL LAS CONDES,SANTIAGO CI 98-1120143	INVESTMENTS	CI	N/A	C				No
(232) TDR SCOTLAND LP ONE STANHOPE GATE LONDON UK 98-0471766	INVESTMENTS	UK	N/A	C				No
(233) TERENA SA JUNCAL 1327 21 FL MONTEVIDEO UY	INVESTMENTS	UY	N/A	C				No
(234) TERRACAL ALIMENTOS E BIOENERGIA - UNIDADE BAHIA LTDA FAZENDA BOQUEIRAO SN ZONA RURAL,BARRA BR	INVESTMENTS	BR	N/A	C				No
(235) TERRACAL ALIMENTOS E BIOENERGIA - UNIDADE MARANHAO LTDA FAZENDA SANTO ANT DA MANGA SN ZONA RURAL,MARANHAO BR	INVESTMENTS	BR	N/A	C				No
(236) TERRACAL ALIMENTOS E BIOENERGIA - UNIDADE MINAS GERAIS LTDA FAZENDA FLEXAS SN ZONA RURAL,MINAS GERAIS BR	INVESTMENTS	BR	N/A	C				No
(237) TERRACAL ALIMENTOS E BIOENERGIA - UNIDADE PIAUI LTDA FAZENDA OITEIROS SN ZONA RURAL,GUADALUPE BR	INVESTMENTS	BR	N/A	C				No
(238) TERRACAL ALIMENTOS E BIOENERGIA - UNIDADE TOCANTINS LTDA FAZ ESPRODOVIA EST TO-373 KM 101 PEIXE BR	INVESTMENTS	BR	N/A	C				No
(239) TERRACAL ALIMENTOS E BIOENERGIA LTDA AV DAS AMERICAS 700 BLOCO 5 CIDADE DO RIO DE JANEIRO,RIO DE JANEIRO BR	INVESTMENTS	BR	N/A	C				No
(240) TERRACAL PARTICIPACOES LTDA AV DAS AMERICAS 700 BLOCO 5 CIDADE DO RIO DE JANEIRO,RIO DE JANEIRO BR	INVESTMENTS	BR	N/A	C				No
(241) TERRACAL PROPRIEDADES LTDA AV DAS AMERICAS 700 BLOCO 5 CIDADE DO RIO DE JANEIRO,RIO DE JANEIRO BR	INVESTMENTS	BR	N/A	C				No
(242) THIRD WRANGLER LTD PO BOX 309 UGLAND HOUSE GEORGE TOWN,GRAND CAYMAN CJ 98-1167470	INVESTMENTS	CJ	N/A	C				No
(243) TINAMOU PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-1014421	INVESTMENTS	CJ	N/A	C				No
(244) TOUCANET SA PLAZA 2000 16TH FL 50TH ST REPUBLIC OF PANAMA PM	INVESTMENTS	PM	N/A	C				No
(245) TROGON PROPERTIES SA PH PLAZA 2000 BLDG 50TH ST REPUBLIC OF PANAMA PM	INVESTMENTS	PM	N/A	C				No
(246) TUNUYAN SA V FINTDEL CL TER 2 C ABAJO1 C AL MANAGUA NU	INVESTMENTS	NU	N/A	C				No
(247) UNITECA AGROFLORESTAL SA AVE GVRN P DE ARRUDA 10545 ARPRT VAREZEA GRANDE,MATO GROSSO BR	INVESTMENTS	BR	N/A	C				No
(248) USRA ATLANTIC NET LEASE CAPITAL CORP 1360 AVE OF AMERICAS NEW YORK,NY10019 45-2732642	INVESTMENTS	DE	N/A	C				No
(249) VALHOLL LTD PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ 98-0668673	INVESTMENTS	CJ	N/A	C				No
(250) VERIWASTE LP 20-22 BEDFORD ROW LONDON UK 98-0656246	INVESTMENTS	UK	N/A	C				No
(251) VISTA VERDE AGROINDUSTRIAL LTDA AV PEDROSO DE MORAES 12012ANS4 PINHEIROS,SAO PAULO BR	INVESTMENTS	BR	N/A	C				No
(252) WESTERN ROSELLA TRUST 201 ELIZABETH ST SYDNEY AS 98-1126861	AGRICULTURE	AS	N/A	C				No

Schedule R (Form 990) 2014

Page 3

Part V

Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .

b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .

k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .

Yes

m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .

o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) HARVARD UNIVERSITY	E	2,236,993	FAIR MARKET VALUE
(2) HARVARD UNIVERSITY	C	2,400,000	FAIR MARKET VALUE
(3) HARVARD UNIVERSITY	L	631,817	FAIR MARKET VALUE
(4) HARVARD UNIVERSITY	K	724,324	FAIR MARKET VALUE
(5) HARVARD UNIVERSITY	C	221,217	FAIR MARKET VALUE

Schedule R (Form 990) 2014

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Schedule R (Form 990) 2014

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R (see instructions).

Return Reference	Explanation

Schedule R (Form 990) 2014

Additional Data

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Software Version:

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	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 15,211,458 including grants of $ ) (Revenue $ 7,526,949 )
	PROFESSIONAL THEATRICAL PRODUCTIONS IN RESIDENCE INCLUDING 551 PERFORMANCES OF 110 PRODUCTIONS (4 ORIGINATED IN-HOUSE) TO A TOTAL AUDIENCE OF 142,170 ACROSS THREE LOCAL VENUES: THE LOEB DRAMA CENTER, OBERON IN CAMBRIDGE, MA AND THE SHUBERT THEATRE IN BOSTON, MA. SCENERY CONSTRUCTION FOR 17 OUTSIDE THEATRICAL AND MUSICAL GROUPS EARNED INCOME WHILE MAINTAINING PRODUCTION VALUES AND STAFF LEVELS. THE SEASON WAS COMPRISED OF WORKS OF LITERARY, EXPERIMENTAL OR OTHERWISE EDUCATIONAL VALUE, WHICH ARE SELECTED FOR THEIR PERCEIVED CAPACITY TO FURTHER THE A.R.T.'S MISSION TO EXPAND THE BOUNDARIES OF THEATER BY EXPLORING THE BEST PLAYS FROM ACROSS CULTURES AND AGES. PLUS MISC. REVENUE & EXPENSES INCLUDING CONCESSIONS, CREDIT CARD FEES, AND ROYALTIES.

4b	(Code: ) (Expenses $ 1,403,773 including grants of $ 152,410 ) (Revenue $ 1,487,171 )
	PROFESSIONAL THEATER TRAINING -- TWO YEAR CERTIFICATE PROGRAM (INCLUDING MFA ISSUED BY THE MOSCOW THEATER ARTS SCHOOL) IN ACTING, DRAMATURGY, OR VOICE. THE STUDENT BODY ENDED THE YEAR AT 46. AS PART OF THEIR TRAINING INSTITUTE STUDENTS PRESENTED 30 PERFORMANCES OF 6 PRODUCTIONS ACROSS 2 VENUES IN CAMBRIDGE TO AUDIENCES OF 1,289; 12 PERFORMANCES OF 1 PRODUCTION TO AUDIENCES OF 1,200 IN MOSCOW.

4c	(Code: ) (Expenses $ 408,784 including grants of $ ) (Revenue $ 644,461 )
	UNDERGRADUATE STUDENT THEATRICAL PLAYS, PRODUCTIONS AND ACTIVITY, INCLUDING 24 PERFORMANCES OF 4 PRODUCTIONS TO AN AUDIENCE OF 2,901 IN TWO CAMPUS VENUES AS WELL AS THE INCREMENTAL TEACHING EXPENSE FOR ACADEMIC THEATER COURSES IN HARVARD UNIVERSITY'S FACULTY OF ARTS AND SCIENCES, EXTENSION AND SUMMER SCHOOLS. EDUCATIONAL AND COMMUNITY OUTREACH, INCLUDED 70 CHILDREN ENROLLED IN ART KIDS COMPANY CLASSES, 107 DAYS OF OFFSITE PROGRAMMING (INCLUDING WORKSHOPS, RESIDENCIES, AND ARTIST VISITS), EMPLOYED 7 PART-TIME INTERNS (INCLUDING 1 HIGH-SCHOOL STUDENT), ENGAGED 4,394 STUDENTS AND COMMUNITY MEMBERS FROM 75 SCHOOLS AND 20 COMMUNITY ORGANIZATIONS.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses17,024,015

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	890,562	1,528,538	473,055

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512-514
1a	Federated campaigns..1a
b	Membership dues....1b
c	Fundraising events....1c		966,861
d	Related organizations...1d		2,400,000
e	Government grants (contributions)1e		155,500

f	All other contributions, gifts, grants, and similar amounts not included above1f		4,968,505

g	Noncash contributions included in lines 1a-1f:$		332,529
h	Total. Add lines 1a-1f.......			8,490,866
			Business Code
2a	TICKET SALES		711110	5,648,455	5,648,455
b	TUITION AND RELATED FEES		711110	2,091,537	2,091,537
c	AUXILIARY EARNED INCOME & OTHER		711110	1,382,853	1,382,853
d	CONCESSIONS, NET		711110	535,736	535,736
e
f	All other program service revenue .
g	Total. Add lines 2a–2f........			9,658,581
3	Investment income (including dividends, interest, and other similar amounts).......			833,878			833,878
4	Income from investment of tax-exempt bond proceeds..
5	Royalties...........
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss).......
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses
c	Gain or (loss)
d	Net gain or (loss)..........
8a	Gross income from fundraising events (not including $ 966,861 of contributions reported on line 1c). See Part IV, line 18 ..
	a		738,980
b	Less: direct expenses ...b		313,062
c	Net income or (loss) from fundraising events..			425,918			425,918
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities...
10a	Gross sales of inventory, less returns and allowances .
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Miscellaneous Revenue			Business Code
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See Instructions......			19,409,243	9,658,581	0	1,259,796

1	Briefly describe the organization’s mission or most significant activities: SEEKS TO EXPAND THE BOUNDARIES OF THEATER, PRODUCING, PERFORMING AND PRESENTING WORKS OF LITERARY, EXPERIMENTAL AND EDUCATIONAL VALUE. PROVIDE A HOME FOR OUTSTANDING ARTISTS, A TRAINING GROUND FOR YOUNG ARTISTS (INCLUDING A 2 YEAR PROFESSIONAL GRADUATE PROGRAM AND EXTENSIVE UNDERGRADUATE INVOLVEMENT) & A VITAL CULTURAL RESOURCE LOCALLY, NATIONALLY & INTERNATIONALLY.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	23
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	19
5	Total number of individuals employed in calendar year 2014 (Part V, line 2a) ......	5	367
6	Total number of volunteers (estimate if necessary) .............	6	482
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	6,575,284	8,490,866
9	Program service revenue (Part VIII, line 2g) .........	10,248,254	9,658,581
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	817,207	833,878
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	-128,519	425,918
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	17,512,226	19,409,243
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	115,846	152,410
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	9,759,010	10,181,550
16a	Professional fundraising fees (Part IX, column (A), line 11e).....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 672,759
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	7,561,650	9,111,496
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	17,436,506	19,445,456
19	Revenue less expenses. Subtract line 18 from line 12.......	75,720	-36,213
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	22,885,489	22,791,079
21	Total liabilities (Part X, line 26).............	5,815,179	5,590,932
22	Net assets or fund balances. Subtract line 21 from line 20.....	17,070,310	17,200,147


				(A) Beginning of year		(B) End of year
1	Cash–non-interest-bearing .............			278,928	1	541,149
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ...........			822,658	3	1,062,097
4	Accounts receivable, net .............			200,719	4	310,532
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net .............				7
8	Inventories for sale or use ..............				8
9	Prepaid expenses and deferred charges ..........			1,558,110	9	671,625
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	4,281,354
b	Less: accumulated depreciation .....	10b	2,148,312	1,956,586	10c	2,133,042
11	Investments—publicly traded securities ..........				11
12	Investments—other securities. See Part IV, line 11 .....			17,906,584	12	18,072,634
13	Investments—program-related. See Part IV, line 11 .....				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			161,904	15	0
16	Total assets. Add lines 1 through 15 (must equal line 34)......			22,885,489	16	22,791,079
17	Accounts payable and accrued expenses .........			186,916	17	2,082,450
18	Grants payable .................				18
19	Deferred revenue ................			3,057,129	19	1,271,489
20	Tax-exempt bond liabilities .............				20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..				21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........				22
23	Secured mortgages and notes payable to unrelated third parties ..				23
24	Unsecured notes and loans payable to unrelated third parties ....				24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................			2,571,134	25	2,236,993
26	Total liabilities. Add lines 17 through 25.........			5,815,179	26	5,590,932
	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............			5,428,565	27	5,097,301
28	Temporarily restricted net assets ...........			8,511,137	28	8,972,238
29	Permanently restricted net assets ...........			3,130,608	29	3,130,608
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........				30
31	Paid-in or capital surplus, or land, building or equipment fund .....				31
32	Retained earnings, endowment, accumulated income, or other funds				32
33	Total net assets or fund balances ...........			17,070,310	33	17,200,147
34	Total liabilities and net assets/fund balances ........			22,885,489	34	22,791,079