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Knowledge about outcomes is critical for complex event understanding but is hard to acquire. We show that by pre-identifying a participant in a complex event, crowdworkers are able to (1) infer the collective impact of salient events that make up the situation, (2) annotate the volitional engagement of participants in causing the situation, and (3) ground the outcome of the situation in state changes of the participants. By creating a multi-step interface and a careful quality control strategy, we collect a high quality annotated dataset of 8K short newswire narratives and ROCStories with high inter-annotator agreement (0.74-0.96 weighted Fleiss Kappa). Our dataset, POQue (Participant Outcome Questions), enables the exploration and development of models that address multiple aspects of semantic understanding. Experimentally, we show that current language models lag behind human performance in subtle ways through our task formulations that target abstract and specific comprehension of a complex event, its outcome, and a participant’s influence over the event culmination.