2024-04-23T09:52:50-05:00 2023-06-30 236410283 ISDANER & COMPANY LLC THREE BALA PLAZA SUITE 501 WEST BALA CYNWYD PA 190043484 990 2022-07-01 232798692 LANTERN THEATER COMPANY LANT 2158299002 PO BOX 53428 PHILADELPHIA PA 19105 STACY MARIA DUTTON EXECUTIVE DIRECTOR 2158299002 2024-03-28 1 STACY MARIA DUTTON 999009999 0 EDWARD W DORAN CPA P00841330 6106684200 2024-03-28 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STACY MARIA DUTTON PO BOX 53428 PHILADELPHIA PA 19105 1242295 0 X WWW.LANTERNTHEATER.ORG X 1994 PA TO PRODUCE PLAYS THAT ILLUMINATE WHAT IS ESSENTIAL IN THE HUMAN SPIRIT AND THE SPIRIT OF THE TIMES. 18 16 99 325 0 0 1405533 698914 343904 487196 350 351 1748 55834 1751535 1242295 0 0 0 0 1038084 1182583 0 0 93235 860239 788555 1898323 1971138 -146788 -728843 1632762 1114448 225542 436071 1407220 678377 TO PRODUCE PLAYS THAT INVESTIGATE AND ILLUMINATE WHAT IS ESSENTIAL IN THE HUMAN SPIRIT AND THE SPIRIT OF THE TIMES, TO PRESENT RELATED AUDIENCE ENRICHMENT PROGRAMS, AND TO EDUCATE OUR REGION'S YOUTH USING THEATRICAL TECHNIQUES AND GREAT LITERATURE. 0 0 1331111 446720 DURING THE 2022/23 SEASON - THE LANTERN'S FIRST FULL SEASON OF LIVE PERFORMANCES SINCE 2018/19 - WE PRODUCED 139 PERFORMANCES OF FIVE PRODUCTIONS, INCLUDING TRAVESTIES BY TOM STOPPARD; THE PHILADELPHIA PREMIERE THE ROYALE BY MARCO RAMIREZ (WINNER OF THREE 2023 BARRYMORE AWARDS, INCLUDING OUTSTANDING PRODUCTION OF A PLAY); OUR ORIGINAL ADAPTATION OF CHARLES DICKENS' A CHRISTMAS CAROL BY ANTHONY LAWTON, CHRISTOPHER COLUCCI, AND THOM WEAVER; THE PHILADELPHIA PREMIERE OF THE LIFESPAN OF A FACT BY JEREMY KAREKEN, DAVID MURRELL, AND GORDON FARRELL; AND TWELFTH NIGHT BY WILLIAM SHAKESPEARE. THESE PRODUCTIONS REACHED 13,000 PATRONS. WE ALSO PRESENTED 18 AUDIENCE ENRICHMENT EVENTS, WHICH REACHED 623 AUDIENCE MEMBERS. 222084 96310 OUR ILLUMINATION EDUCATION PROGRAM INCLUDES IN-SCHOOL RESIDENCIES, STUDENT MATINEE PERFORMANCES, AND THE EMPATHY PROJECT. DURING THE 2022/23 SEASON, OUR PRODUCTION OF ROMEO AND JULIET FOR MIDDLE SCHOOL AND HIGH SCHOOL AUDIENCES REACHED 5,616, AND WE HOSTED ANOTHER 1,557 STUDENTS AND TEACHERS AT MATINEE PERFORMANCES OF OUR MAINSTAGE PRODUCTIONS. WE ALSO PROVIDED OUR CLASSROOM CONNECTIONS RESIDENCY PROGRAM TO 2,840 MIDDLE AND HIGH SCHOOL STUDENTS. OTHER EDUCATION PROGRAMMING INCLUDED CPE TRAINING FOR TEACHERS WITH OUR BARD BASICS WORKSHOPS (13 SERVED), TEACHING ARTIST TRAINING WITH AFTER SCHOOL ACTIVITIES PARTNERSHIPS (29 SERVED), AND THE EMPATHY PROJECT, THIS YEAR IN PARTNERSHIP WITH THE PERELMAN SCHOOL OF MEDICINE AT THE UNIVERSITY OF PENNSYLVANIA (27 SERVED). 1553195 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 1 99 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 PA NJ X X MANAGEMENT 2158299002 7058 GERMANTOWN AVENUE SUITE 102 PHILADELPHIA PA 19119 ELLEN ROSEN ROGOFF CHAIR 5.00 X X 0 0 0 DANA ASH VICE PRESIDENT 2.00 X X 0 0 0 DONNA SAUL MILLEN VICE PRESIDENT 2.00 X X 0 0 0 LAUREN DUSSAULT TREASURER 2.00 X X 0 0 0 KAKI SHORT SECRETARY 2.00 X X 0 0 0 CHARLES MCMAHON ARTISTIC DIRECTOR 40.00 X X 74250 0 15686 STACY MARIA DUTTON PRESIDENT & EXECUTIVE DIRE 40.00 X X 63945 0 9408 EUGENE BISSELL DIRECTOR 1.00 X 0 0 0 JEFFREY COOPER DIRECTOR 1.00 X 0 0 0 JUDITH D FREYER DIRECTOR 1.00 X 0 0 0 MELISSA GREENBERG DIRECTOR 1.00 X 0 0 0 BETSY KALISH DIRECTOR 1.00 X 0 0 0 EVERETT KENYATTA DIRECTOR 1.00 X 0 0 0 GREGORY J KLEIBER DIRECTOR 1.00 X 0 0 0 ELIZABETH RENAUD DIRECTOR 1.00 X 0 0 0 JEANNE SIGLER DIRECTOR 1.00 X 0 0 0 TIFFANY SPRAGGINS-PAYNE DIRECTOR 1.00 X 0 0 0 ROAN YARN DIRECTOR 1.00 X 0 0 0 138195 0 25094 0 0 0 0 0 55391 643523 4627 698914 TICKET SALES 900099 454327 454327 HANDLING FEES 900099 21999 21999 EDUCATION INCOME 900099 10870 10870 487196 351 351 MISC INCOME 900099 55834 55834 55834 1242295 543030 0 351 168549 90731 38909 38909 825351 728277 88355 8719 21693 19058 1956 679 91668 83928 7552 188 75322 61741 10892 2689 15558 15558 132386 132386 7886 5757 1577 552 10875 7939 2175 761 27753 27753 108428 92577 13730 2121 3422 2504 682 236 43664 37275 6389 25740 20302 4034 1404 EDUCATION AND OUTREACH 222084 222084 PRODUCTION MATERIALS 114115 114115 BOX OFFICE AND HOUSE MA 39154 39154 FUNDRAISING 36977 36977 513 513 1971138 1553195 324708 93235 1231794 283130 12503 267579 125000 65500 1500 5600 114663 132148 515212 346327 147302 168885 0 191606 1632762 1114448 68319 56909 157223 185094 0 194068 225542 436071 X 880356 505996 526864 172381 1407220 678377 1632762 1114448 -728843 0 X X 0 1 X 1 0 X 1158905 1214568 926487 1405533 698914 5404407 1158905 1214568 926487 1405533 698914 5404407 1817694 3586713 2513 2609 2649 350 351 8472 5412879 2467343 0.66260 0.66750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 515212 346327 168885 168885 RIGHT OF USE ASSET - LEASE 191606 191606 RIGHT OF USE LEASE 194068 194068 X 1242295 0 1242295 0 1242295 1971138 0 1971138 0 1971138 PART X, LINE 2: LANTERN IS EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PURSUANT TO FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, LANTERN RECOGNIZES TAX BENEFITS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION (INCLUDING LANTERN'S ASSERTION THAT ITS INCOME IS EXEMPT FROM TAX) WILL BE SUSTAINED UPON EXAMINATION. NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS WAS RECORDED AS OF JUNE 30, 2023 OR 2022. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT WORKS WITH THE COMPANY'S INDEPENDENT ACCOUNTING FIRM TO REVIEW THE 990 TO ENSURE ACCURACY. A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C LANTERN THEATER COMPANY'S CONFLICT OF INTEREST POLICY AND DISCLOSURE FORM ARE DISTRIBUTED TO MEMBERS OF THE BOARD OF DIRECTORS EACH FISCAL YEAR. THE NOMINATING AND GOVERNANCE COMMITTEE OVERSEES THIS PROCESS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION LEVELS ARE REVIEWED ANNUALLY AND INCREASES ARE EVALUATED BASED ON JOB PERFORMANCE, COST OF LIVING, AND BUDGETARY PARAMETERS. COMPENSATION LEVELS ARE PERIODICALLY COMPARED WITH DATA COMPILED BY LOCAL AND NATIONAL SERVICE ORGANIZATIONS OF WHICH LANTERN THEATER COMPANY IS A CONSTITUENT MEMBER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC VIA GUIDESTAR.ORG AND UPON REQUEST. FORM 990, PART XII, LINE 2C THE FINANCE & AUDIT COMMITTEE, COMPOSED OF BOARD MEMBERS AND EXECUTIVE STAFF, OVERSEES THE PERIODIC SELECTION OF AN INDEPENDENT AUDITOR AND REVIEWS THE ANNUAL AUDIT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.