2024-11-12T10:51:33-05:00 2024-06-30 CUTAJAR & COMPANY PLLC 6533 OLD COACH TRL WASHINGTON MI 480942154 990 2023-07-01 381794060 GROSSE POINTE THEATRE INC GROS 3138814004 315 FISHER GROSSE POINTE MI 482301206 DANIELLE CARALIS PRESIDENT 3138814004 2024-11-06 false TERESE CUTAJAR CPA P00364171 5862558000 2024-11-06 2023 2024-10-15 13:58:12Z DANIELLE CARALIS 315 FISHER ROAD GROSSE POINTE MI 482301206 1087701 false X WWW.GPT.ORG X 1948 MI GPT'S MISSION IS TO CONNECT, CREATE, AND INSPIRE COMMUNITIES THROUGH THEATRE. THE VISION IS TO BE BE RECOGNIZED AS A NATIONAL LEADER IN COMMUNITY THEATRE THROUGH ARTISTIC, EDUCATIONAL AND OPERATIONAL EXCELLENCE. 15 15 5 350 0 261874 309414 382878 429880 4092 37360 0 648844 776654 0 0 124698 126418 0 37803 506624 600105 631322 726523 17522 50131 920616 1061265 58466 92377 862150 968888 X OUR MISSION TO CONNECT, CREATE AND INSPIRE COMMUNITIES THROUGH THEATRE IS WHY WE EXIST AS AN ORGANIZATION. OUR VISION TO BECOME RECOGNIZED AS A NATIONAL COMMUNITY THEATRE LEADER, IS WHAT WE WANT TO BECOME. false false 424563 (CONTINUED) GROSSE POINTE THEATRES MAJOR 2024 ACCOMPLISHMENT WAS TO CONCLUDE ITS 76TH SEASON BY MAINTAINING A STRONG AND STABLE FINANCIAL CONDITION. A FEW KEY INDICATORS SUPPORT THIS ASSESSMENT. ACHIEVING OPERATIONAL PROFITABILITY FROM YEAR TO YEAR IS CHALLENGING AND MUST INCLUDE BOTH THE REVENUE AND EXPENSE SIDES. TICKET REVENUE CONTINUES ITS POST-COVID REBUILD PROCESS AND A STRATEGY TO ASSIST IN THIS, WAS BY OFFERING A BROADER VARIETY OF SHOWS. THESE HAVE BEEN MORE TECHNICALLY COMPLEX SHOWS, WITH GREATER COSTS AND ALSO A NEED FOR A DIFFERENT TYPE OF CASTING. THE PLAN IS TO REACH POTENTIAL THEATRE PATRONS WHO APPRECIATE THE TECHNICAL ASPECTS OF PERFORMING. WITH RESPECT TO EXPENSES, EFFECTIVE COST MANAGEMENT CONTROLS AND POLICIES ARE FOLLOWED IN BOTH THE PRODUCTION AND ADMINISTRATIVE AREAS. THE BOARD OF DIRECTORS ACTIVELY AND REGULARLY MONITORS THE BUDGET TO ACTUAL STATUS. AN ADDED STRAIN HAS BEEN RISING SHOW PRODUCTION COSTS LIKE ROYALTIES AND FACILITY RENTALS, WHICH HAD LARGE YEAR OVER YEAR INCREASES 24% AND, 27%, RESPECTIVELY. OFFERING A BROADER VARIETY OF TICKET PRICE LEVELS HAS HELPED TO OFFSET SOME OF THESE CHALLENGING EXPENSE BURDENS. IN SUMMARY, GPTS MOST SIGNIFICANT ACHIEVEMENT WAS TO REACH MODEST OPERATIONAL PROFITABILITY FOR THE YEAR. A SECOND MAJOR ACCOMPLISHMENT HAS BEEN THE DRIVE TO CONTINUALLY DIVERSIFY THE ORGANIZATIONS REVENUE STREAMS IN ORDER TO SUPPORT PROFITABILITY. THE BOARD OF DIRECTORS WORKS TIRELESSLY IN THIS REGARD. CONTRIBUTION REVENUE FROM A VARIETY OF SOURCES SUCH AS FOUNDATIONS, GRANTS, ANNUAL FUND CAMPAIGNS AND SOLICITED SPONSORSHIPS ARE SOUGHT. THESE FUNDS ARE EXPECTED TO GROW AS CULTIVATION EFFORTS BECOME MORE FREQUENT AND SOPHISTICATED. ADDITIONALLY, BOARD MEMBERS HAVE COMMITTED SIGNIFICANT PERSONAL FUNDS AS PART OF THEIR FIDUCIARY RESPONSIBILITY TO GPT. THE SUM OF ALL OF THESE SOURCES HAS INCREASED BY 25% FROM THE PREVIOUS YEAR. THE THIRD MAJOR ACCOMPLISHMENT HAS BEEN WITH THE YOUTH EDUCATION PROGRAM. AN EXPANDED CURRICULUM OF CLASSES COMBINED WITH TWO PRODUCTION/PERFORMANCE CLASSES AREA ARE OFFERED ANNUALLY. HOWEVER, THE DEMAND FOR THIS TYPE OF ARTS EDUCATION IS FAR GREATER THAN THE SUPPLY OF CLASSES. GPT CONTINUES TO ASSESS THIS SITUATION AND WANTS TO PROVIDE MORE EDUCATIONAL OPPORTUNITIES FOR CHILDREN AND YOUTH, WITHOUT SACRIFICING THE QUALITY OF ITS PROGRAMS. INVESTING IN THE YOUTH PROGRAM IS SEEN AS A PIPELINE TO DEVELOP THE TALENTS AND SKILLS OF FUTURE GPT MEMBERS. 424563 true true false false false false false false false true true false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 39 0 5 true false false false false false false false false X 15 15 false false false false true true false true true false false true false false true true false false MI X X DANIELLE CARALIS 3138814004 315 FISHER GROSSE POINTE MI 48230 NICK MARINELLO VICE PRESIDE 30.00 X X 2900 0 0 SARA SHOOK DIRECTOR 5.00 X 2190 0 0 DON BISCHOFF DIRECTOR 10.00 X 0 0 0 KEVIN BUTLER DIRECTOR 5.00 X 0 0 0 DANIELLE CARALIS PRESIDENT 35.00 X X 0 0 0 JOANNA DELPAZ DIRECTOR 15.00 X 0 0 0 PATRICIA ELLIS DIRECTOR 25.00 X X 0 0 0 KEVIN FITZHENRY DIRECTOR 10.00 X 0 0 0 TIM HIGGINS DIRECTOR STR 20.00 X 0 0 0 ERIC LESZCZYNSKI DIRECTOR 15.00 X 0 0 0 OLYVIA O'DONNELL SECRETARY 20.00 X X 0 0 0 DALE PEGG DIRECTOR 20.00 X 0 0 0 MARIE BOYLE REINMAN TREASURER 15.00 X X 0 0 0 THERESA SELVAGGIO DIRECT DEVEL 35.00 X 0 0 0 EDDIE TUJAKA DIRECTOR 5.00 X 0 0 0 5090 false false false 98325 13500 197589 309414 TICKET SALES 711110 406709 406709 OTHER PROGRAM REVENUE 541800 18096 18096 PROGRAM ADVERTISING 711110 5075 5075 429880 21014 21014 327393 311047 16346 16346 16346 776654 446226 21014 117155 101155 16000 9263 6815 2448 9593 9593 6098 6098 18983 13140 5843 64749 43526 7711 13512 5606 5606 54170 54170 23991 23991 11956 11956 19867 8324 11543 25491 25491 PERFORMANCE EXPENSE 231564 231564 OUTSIDE SERVICES 40027 40027 CREDIT CARD FEE 34055 34055 MEMBERSHIPS 27828 27828 26127 26127 726523 424563 264157 37803 39506 55853 80699 114896 2925 2025 48446 9873 771241 617576 129909 153665 619131 724953 920616 1061265 2001 8779 32780 44970 23685 38628 58466 92377 X 723530 828000 138620 140888 862150 968888 920616 1061265 50131 56607 X false true true false X 245875 322821 462203 261874 309414 1602187 221508 2260 234459 382878 429880 1270985 467383 325081 696662 644752 739294 2873172 2873172 8580 5521 9504 12165 21014 56784 8580 5521 9504 12165 21014 56784 475963 330602 706166 656917 760308 2929956 0.98060 0.98420 0.02000 0.02000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 138620 2286 140888 126394 10000 2226 138620 123631 1000 1763 126394 38927 83757 947 123631 37006 950 971 38927 0.07100 0.85280 0.07620 true false 25000 25000 490537 490537 255704 255704 617576 -617576 153665 SCHOLARSHIP 20285 REFUNDABLE ADVANCES 18343 38628 833161 56507 56507 776654 776654 726523 726523 726523 SCHEDULE D, PAGE 2, PART V, LINE 4 TO PROTECT THE SUSTAINABILITY OF GROSSE POINTE THEATRE IN THE COMMUNITY BY PROVIDING ADDITIONAL INCOME FOR ITS THEATER PROGRAMS. FORM 990, PAGE 2, PART III, LINE 4A (CONTINUED) GROSSE POINTE THEATRES MAJOR 2024 ACCOMPLISHMENT WAS TO CONCLUDE ITS 76TH SEASON BY MAINTAINING A STRONG AND STABLE FINANCIAL CONDITION. A FEW KEY INDICATORS SUPPORT THIS ASSESSMENT. ACHIEVING OPERATIONAL PROFITABILITY FROM YEAR TO YEAR IS CHALLENGING AND MUST INCLUDE BOTH THE REVENUE AND EXPENSE SIDES. TICKET REVENUE CONTINUES ITS POST-COVID REBUILD PROCESS AND A STRATEGY TO ASSIST IN THIS, WAS BY OFFERING A BROADER VARIETY OF SHOWS. THESE HAVE BEEN MORE TECHNICALLY COMPLEX SHOWS, WITH GREATER COSTS AND ALSO A NEED FOR A DIFFERENT TYPE OF CASTING. THE PLAN IS TO REACH POTENTIAL THEATRE PATRONS WHO APPRECIATE THE TECHNICAL ASPECTS OF PERFORMING. WITH RESPECT TO EXPENSES, EFFECTIVE COST MANAGEMENT CONTROLS AND POLICIES ARE FOLLOWED IN BOTH THE PRODUCTION AND ADMINISTRATIVE AREAS. THE BOARD OF DIRECTORS ACTIVELY AND REGULARLY MONITORS THE BUDGET TO ACTUAL STATUS. AN ADDED STRAIN HAS BEEN RISING SHOW PRODUCTION COSTS LIKE ROYALTIES AND FACILITY RENTALS, WHICH HAD LARGE YEAR OVER YEAR INCREASES 24% AND, 27%, RESPECTIVELY. OFFERING A BROADER VARIETY OF TICKET PRICE LEVELS HAS HELPED TO OFFSET SOME OF THESE CHALLENGING EXPENSE BURDENS. IN SUMMARY, GPTS MOST SIGNIFICANT ACHIEVEMENT WAS TO REACH MODEST OPERATIONAL PROFITABILITY FOR THE YEAR. A SECOND MAJOR ACCOMPLISHMENT HAS BEEN THE DRIVE TO CONTINUALLY DIVERSIFY THE ORGANIZATIONS REVENUE STREAMS IN ORDER TO SUPPORT PROFITABILITY. THE BOARD OF DIRECTORS WORKS TIRELESSLY IN THIS REGARD. CONTRIBUTION REVENUE FROM A VARIETY OF SOURCES SUCH AS FOUNDATIONS, GRANTS, ANNUAL FUND CAMPAIGNS AND SOLICITED SPONSORSHIPS ARE SOUGHT. THESE FUNDS ARE EXPECTED TO GROW AS CULTIVATION EFFORTS BECOME MORE FREQUENT AND SOPHISTICATED. ADDITIONALLY, BOARD MEMBERS HAVE COMMITTED SIGNIFICANT PERSONAL FUNDS AS PART OF THEIR FIDUCIARY RESPONSIBILITY TO GPT. THE SUM OF ALL OF THESE SOURCES HAS INCREASED BY 25% FROM THE PREVIOUS YEAR. THE THIRD MAJOR ACCOMPLISHMENT HAS BEEN WITH THE YOUTH EDUCATION PROGRAM. AN EXPANDED CURRICULUM OF CLASSES COMBINED WITH TWO PRODUCTION/PERFORMANCE CLASSES AREA ARE OFFERED ANNUALLY. HOWEVER, THE DEMAND FOR THIS TYPE OF ARTS EDUCATION IS FAR GREATER THAN THE SUPPLY OF CLASSES. GPT CONTINUES TO ASSESS THIS SITUATION AND WANTS TO PROVIDE MORE EDUCATIONAL OPPORTUNITIES FOR CHILDREN AND YOUTH, WITHOUT SACRIFICING THE QUALITY OF ITS PROGRAMS. INVESTING IN THE YOUTH PROGRAM IS SEEN AS A PIPELINE TO DEVELOP THE TALENTS AND SKILLS OF FUTURE GPT MEMBERS. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS AND BOARD MEMBERS FORM 990, PAGE 6, PART VI, LINE 7A THEATRE MEMBERS VOTE ANNUALLY FOR BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE THEATRE'S PROCESS IS TO PRESENT THE FORM 990 TO THE BOARD OF DIRECTOR'S EXECUTIVE COMMITTEE FOR APPROVAL PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 15A THEATRE ORGANIZED A COMMITTEE RELATING TO REVIEW OF EXECTUIVE DIRECTOR COMPENSATION THAT OBTAINED INFORMATION FROM A SIMILAR ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 19 THEATRE NOTIFIES ALL MEMBERS OF THE AVAILABILITY OF ALL DOCUMENTS.