Performing Arts Center Of Los Angeles County

SEE SCHEDULE O

CENTER OPERATIONS:TMC MAINTAINS AND OPERATES THE FACILITIES ON BEHALF OF LOS ANGELES COUNTY. THE FACILITIES INCLUDE: WALT DISNEY CONCERT HALL; DOROTHY CHANDLER PAVILION; AHMANSON THEATRE; MARK TAPER FORUM; JERRY MOSS PLAZA; AND GRAND PARK. THE CENTER IS HOME TO FOUR RENOWNED RESIDENT COMPANIES: CENTER THEATRE GROUP; LOS ANGELES MASTER CHORALE; LOS ANGELES OPERA COMPANY; AND LOS ANGELES PHILHARMONIC ASSOCIATION. TMC PROVIDES FACILITY MAINTENANCE, SECURITY, GUEST SERVICES, PRODUCTION, AND SCHEDULING AND EVENTS MANAGEMENT. IN THE CURRENT FISCAL YEAR, MORE THAN 500,000 GUESTS ATTENDED OVER 500 TICKETED PERFORMANCES (SEE SCHEDULE O FOR CONTINUATION)IN THE CENTER'S VENUES, REFLECTING A GRADUAL INCREASE FOLLOWING THE PANDEMIC CLOSURE IN THE PRIOR YEAR. TMC ALSO MANAGES AND OPERATES LOS ANGELES COUNTY'S 12-ACRE GRAND PARK. THE PARK FEATURES MULTI-USE LAWNS, STAGES, AND OPEN SPACES AVAILABLE FOR BOTH LEISURE AND CIVIC GATHERINGS. THE PARK TYPICALLY HAS MORE THAN 1 MILLION GUESTS VISIT ANNUALLY TO ENJOY ITS MANY AMMENITIES. THE PARK HAS BECOME THE CENTRAL GATHERING PLACE IN LOS ANGELES FOR MAJOR HOLIDAY CELEBRATIONS INCLUDING JULY 4TH AND NEW YEAR'S EVE.

TMC ARTS:TMC HAS DEVELOPED A RAPIDLY GROWING ARTISTIC ROLE IN LOS ANGELES COUNTY. ALL TMC ARTS' PROGRAMS ARE DEVELOPED THROUGH THE LENS OF ENGAGEMENT AND WITH A FOCUS ON CREATING PROGRAMS THAT RESPOND TO AND ARE REFLECTIVE OF THE DIVERSE POPULATIONS THAT COMPRISE LOS ANGELES COUNTY. THIS APPROACH APPLIES TO THE RANGE OF TMC ARTS PROGRAMS, WHETHER A TICKETED PRESENTATION OF A DANCE COMPANY IN TMC'S THEATRES FOR ITS "GLORYA KAUFMAN PRESENTS DANCE AT THE MUSIC CENTER" SERIES, OR A FREE AND/OR LOW-COST PARTICIPATORY PROGRAM IN THE JERRY MOSS PLAZA, SUCH AS TMC'S "DANCE DTLA." MANY OF THE EVENTS PRODUCED BY TMC ARTS(SEE SCHEDULE O FOR CONTINUATION)IN GRAND PARK ARE CURATED IN CONJUCTION WITH THE PARK'S NUMEROUS COMMUNITY PARTNERS. IN RESPONSE TO COVID AND THE CLOSURE OF ITS THEATRES, TMC INITIATED A NEW DIGITAL PLATFORM CALLED "THE MUSIC CENTER OFFSTAGE," WHICH INCLUDED A PORTFOLIO OF FREE PERFORMANCES, INTERVIEWS, ARTS ACTIVITIES, AND SPECIAL EVENTS FOR ALL AGES. TMC ALSO MANAGES ITS NATIONALLY RECOGNIZED ARTS LEARNING PROGRAMS, WHICH TYPICALLY REACH 150,000 STUDENTS AND TEACHERS ANNUALLY AND IS THE LARGEST ARTS EDUCATION PROGRAM IN LOS ANGELES.

CAPITAL IMPROVEMENTSUNDER THE TERMS OF THE OPERATING AGREEMENT WITH THE COUNTY OF LOS ANGELES, TMC TRANSFERS TITLE OF LEASEHOLD AND OTHER CAPITAL IMPROVEMENTS TO THE COUNTY OF LOS ANGELES UPON PURCHASE. AS SUCH, TMC EXPENSES THESE PURCHASES AS THEY ARE INCURRED. CAPITAL IMPROVEMENT EXPENSES ALSO INCLUDE DEBT SERVICE RELATED TO BONDS PAYABLE FOR THE 2007 MARK TAPER FORUM RENOVATION, AMORTIZATION OF FOOD AND BEVERAGE CONTRACT ACQUISITION COSTS, AND VARIOUS CAPITAL IMPROVEMENTS ACROSS THE TMC CAMPUS.