2024-03-14T14:26:38-05:00 2023-07-31 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2022-08-01 411908432 THEATER LATTE DA THEA 6123393003 345 13TH AVENUE NE MINNEAPOLIS MN 55413 BRIDGET MOREHEAD TREASURER 6126051771 2024-03-11 1 BRIDGET MOREHEAD 999009999 0 MARC A KOTSONAS P00544551 6512276695 2024-03-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRIDGET MOREHEAD 345 13TH AVENUE NE MINNEAPOLIS MN 55413 3759776 0 X WWW.LATTEDA.ORG/ X 1998 MN THE MISSION OF THEATER LATTE' DA IS TO CREATE NEW CONNECTIONS BETWEEN STORY, MUSIC, ARTIST AND AUDIENCE BY EXPLORING AND EXPANDING THE ART OF MUSICAL THEATER. 25 25 208 25 0 0 3045288 1255833 1396861 2281709 0 0 -67219 69101 4374930 3606643 0 0 0 0 1863063 2236895 67199 62603 287273 1231668 1700384 3161930 3999882 1213000 -393239 3395024 2816093 1258327 1072635 2136697 1743458 X THE MISSION OF THEATER LATTE' DA IS TO CREATE NEW CONNECTIONS BETWEEN STORY, MUSIC, ARTIST AND AUDIENCE BY EXPLORING AND EXPANDING THE ART OF MUSICAL THEATER. 0 0 3129900 2268674 GENERAL ACCOMPLISHMENTS/NEW WORK:THANKS TO THE EFFORTS OF OUR STAFF, THE GENEROSITY OF OUR COMMUNITY, AND HISTORIC LEVELS OF FEDERAL SUPPORT COMING OUT OF THE COVID-19 PANDEMIC THROUGH THE SHUTTERED VENUE OPERATORS GRANTS, EMPLOYEE RETENTION TAX CREDIT AND PPP FORGIVABLE LOAN PROGRAM, THEATER LATTE DA (TLD) ENTERED FY23 WELL POSITIONED TO CARRY OUT ITS OPERATIONS AND PRESENT ITS LARGEST-EVER SEASON OF PROGRAMMING. AN OPERATING SURPLUS OF $1.2M IN FY22 ALLOWED THE COMPANY TO IMPLEMENT A CAPACITY-BUILDING STRATEGY BY EXPANDING OUR DEVELOPMENT STAFF, AND TO PLAN FOR AN AMBITIOUS SLATE OF FULL PRODUCTIONS, NEW WORK DEVELOPMENT, AND COMMUNITY INITIATIVES AS WE CONTINUED TO RECOVER FROM THE PANDEMIC. TLD ALSO SUCCESSFULLY NAVIGATED THE ANNOUNCEMENT OF FOUNDING ARTISTIC DIRECTOR PETER ROTHSTEIN'S DEPARTURE AFTER 25 YEARS AND A SUCCESSFUL NATIONAL SEARCH THAT RESULTED IN THE APPOINTMENT OF JUSTIN LUCERO AS HIS SUCCESSOR. WE CONTINUED TO INVEST DEEPLY IN THE CREATION OF NEW MUSIC THEATER THROUGH OUR NEXT UP NEW WORK DEVELOPMENT PROGRAM, AN INTENSIVE LABORATORY TO INCUBATE NEW MUSICALS AND PLAYS WITH MUSIC. THE FY23 NEXT UP INITIATIVE, LED BY DIRECTOR OF NEW WORK ELISSA ADAMS, INCLUDED AN EXCITING LINEUP OF WORKSHOPS AND RESIDENCIES FOR PROJECTS BY ANDREW WILKOWSKE AND KELLEY ROURKE, NOAM SHAPIRO AND PAULO TIROL, CANDRICE JONES AND RANDY PRESTON, AND TWO NEXT GENERATION COMMISSION RECIPIENT TEAMS INCLUDING THE TRIO OF CELESTE MORENO, BETHANY BRINTON, AND CRYSTAL MANICH, AND THE FOUR-PERSON TEAM OF MUSICIANS KATE KILBANE AND DAN MOSES OF THE KILBANES AND JESSIE AUSTRIAN AND NOAH BRODY OF FIASCO THEATER. MAINSTAGE PRODUCTIONS AND NATIONAL TOUR:IN FY23, TLD CARRIED OUT OUR FIRST FULL SEASON SINCE BEFORE THE COVID-19 PANDEMIC, REACHING A RECORD TOTAL OF OVER 50,000 PATRONS, DRAWING NEAR-UNIVERSAL CRITICAL AND AUDIENCE ACCLAIM, AND EXCEEDING SINGLE TICKET REVENUE GOALS BY 22%. THE SEASON OPENED WITH THE RARELY PRODUCED STEPHEN SONDHEIM MUSICAL MERRILY WE ROLL ALONG. THE TLD-DEVELOPED WORLD PREMIERE CHRISTMAS AT THE LOCAL DEBUTED DURING THE 2022 HOLIDAY SEASON, FOLLOWED BY A HIGHLY SUCCESSFUL REVIVAL OF HELLO, DOLLY!, THE WORLD PREMIERE OF ANOTHER TLD PROJECT WE SHALL SOMEDAY, AND A HIT PRODUCTION OF NEXT TO NORMAL, THE FINAL SHOW DIRECTED BY CO-FOUNDER PETER ROTHSTEIN IN HIS ROLE AS ARTISTIC DIRECTOR. A NATIONAL TOUR OF TLD'S HOLIDAY CLASSIC ALL IS CALM: THE CHRISTMAS TRUCE OF 1914 REACHED OVER 10,000 PEOPLE IN 14 CITIES, WITH STOPS IN WISCONSIN, IOWA, INDIANA, ARIZONA, CALIFORNIA, AND WASHINGTON. TLD ALSO PARTNERED FOR A SECOND YEAR WITH CROONERS SUPPER CLUB IN NEARBY FRIDLEY, MN TO REIMAGINE ANOTHER LONGTIME HOLIDAY FAVORITE, A CHRISTMAS CAROLE PETERSEN, FOR CROONERS' CABARET MAINSTAGE, WHERE IT PLAYED SIX SOLD-OUT PERFORMANCES. OUR ANNUAL NEXT FESTIVAL OF NEW MUSICALS ALSO RETURNED, PROVIDING DEVELOPMENTAL OPPORTUNITIES FOR THREE WRITING TEAMS AND SHARING THREE NEW WORKS IN PROCESS INCLUDING THE TEARS OF LA LLORONA, LOVE THEM FIRST, AND MACBETH AND THE WERD SISTERS, AS WELL AS A SPECIAL ONE-NIGHT-ONLY PRESENTATION OF THE NINTH HOUR, WITH SOLD-OUT AUDIENCES. THESE PRODUCTIONS, COMBINED WITH THE NEXT UP DEVELOPMENT PROGRAM, TOGETHER EMPLOYED MORE THAN 350 ACTORS, DESIGNERS, DIRECTORS, COMPOSERS, LYRICISTS, LIBRETTISTS, AND OTHER ARTISTS. COMMUNITY ENGAGEMENT & SUPPORT:WE PROUDLY CARRIED ON OUR EDUCATIONAL COLLABORATIONS IN 2022-23 WITH PROJECT SUCCESS, HENNEPIN THEATRE TRUST, ON STAGE, AND OTHER PARTNERSHIPS THAT ENABLED US TO INTRODUCE MORE THAN 300 YOUNG PEOPLE TO MUSICAL THEATER. OVER $176,000 IN FREE AND DISCOUNTED TICKETS WERE DISTRIBUTED THROUGHOUT THE SEASON TO PROVIDE ATTENDANCE OPPORTUNITIES FOR ACCESS TARGET AUDIENCES INCLUDING VETERANS, ARTISTS, STUDENTS, EDUCATORS, AND FELLOW RESIDENTS LIVING IN OUR LOCAL 55413 ZIP CODE. TLD LAUNCHED A NEW OPEN CAPTIONING SERVICE IN THE 2022-23 SEASON FOR PATRONS WHO ARE DEAF OR HARD OF HEARING, PROVIDING THE SERVICE FOR THREE PERFORMANCES OF EVERY MAINSTAGE PRODUCTION. IN MAY 2023, TLD'S SHOWSTOPPERS: CELEBRATING TWENTY-FIVE YEARS OF THEATER LATTE DA GALA PLAYED TO AN AUDIENCE OF OVER 400 PATRONS AT QUINCY HALL, THE PREMIER EVENTS VENUE IN OUR NORTHEAST MINNEAPOLIS NEIGHBORHOOD. THE EVENING WAS BOTH A CREATIVE AND A FINANCIAL SUCCESS, GENERATING ALMOST $300,000 IN CONTRIBUTIONS FROM OUR GENEROUS COMMUNITY OF SUPPORTERS. 3129900 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 57 0 1 208 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 MN X CHRIS HAGEN 6123393003 345 13TH AVENUE NE MINNEAPOLIS MN 55413 CARA SJODIN CHAIR 5.00 X X 0 0 0 GLYN NORTHINGTON VICE CHAIR 1.00 X X 0 0 0 BRIDGET MOREHEAD TREASURER 1.00 X X 0 0 0 LES BENDTSEN SECRETARY 1.00 X X 0 0 0 MATT FULTON BOARD MEMBER 1.00 X 0 0 0 RON FREY BOARD MEMBER 1.00 X 0 0 0 SANDY HEY BOARD MEMBER 1.00 X 0 0 0 CHRIS LARSEN BOARD MEMBER 1.00 X 0 0 0 KATE LAWSON BOARD MEMBER 1.00 X 0 0 0 PENNY MEIER BOARD MEMBER 1.00 X 0 0 0 KARI GROTH SWAN BOARD MEMBER 1.00 X 0 0 0 KEVIN WINGE BOARD MEMBER 1.00 X 0 0 0 THERESA ALEWINE BOARD MEMBER 1.00 X 0 0 0 TIFFANY COOPER-ALLEN BOARD MEMBER 1.00 X 0 0 0 TOYA STEWART DOWNEY BOARD MEMBER 1.00 X 0 0 0 BEN GRABSKI BOARD MEMBER 1.00 X 0 0 0 JOHN ARECHAR BOARD MEMBER 1.00 X 0 0 0 TOM KNABEL BOARD MEMBER 1.00 X 0 0 0 KEITH FORD BOARD MEMBER 1.00 X 0 0 0 BRIAN SVENDAHL BOARD MEMBER 1.00 X 0 0 0 RABINDRA TAMBYRAJA BOARD MEMBER 1.00 X 0 0 0 LEZLIE TAYLOR BOARD MEMBER 1.00 X 0 0 0 FREMAJANE WOLFSON BOARD MEMBER 1.00 X 0 0 0 JEFF LIN BOARD MEMBER 1.00 X 0 0 0 ELISA SPENCER-KAPLAN MANAGING DIRECTOR 40.00 X 97586 0 4815 PETER ROTHSTEIN ARTISTIC DIRECTOR 40.00 X 124967 0 7137 222553 0 11952 1 0 0 0 0 247190 240343 768300 1255833 TICKET SALES 711110 1876245 1876245 TOUR INCOME 711110 317859 317859 RESTORATION FEES 711110 53998 53998 OTHER 900099 33607 33607 2281709 8500 0 8500 8500 8500 117512 247190 115189 2323 2323 96222 37944 58278 58278 3606643 2339987 0 10823 234505 99743 67381 67381 1662663 1426860 152023 83780 177947 160794 11314 5839 161780 135581 14756 11443 1650 974 676 60549 60549 62603 62603 307011 249774 57237 192020 74414 117606 143212 100054 33599 9559 7573 4890 1505 1178 187339 187339 156295 149547 5792 956 215844 188439 27405 12715 12079 509 127 97614 78091 19523 17819 11060 3620 3139 SUPPLIES 154953 149126 5827 TICKETING COSTS 73822 72908 914 HOSPITALITY, FOOD AND B 53249 12391 461 40397 EQUIPMENT RENTAL/MAINTE 18088 15836 1381 871 631 631 3999882 3129900 582709 287273 1612520 1129617 260845 265236 110791 68000 911 44973 2115 3035 147109 109338 1653121 457227 1260733 1195894 3395024 2816093 183872 184355 559116 383875 515339 504405 1258327 1072635 X 2044197 1688458 92500 55000 2136697 1743458 3395024 2816093 -393239 0 X 0 1 X 1 0 X 1003729 1175945 1035458 3045288 1255833 7516253 1003729 1175945 1035458 3045288 1255833 7516253 44406 7471847 26635 18209 3500 3750 8500 60594 22200 41945 21200 117512 202857 7779704 7442034 0.96040 0.94770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 114197 114197 1191428 250478 940950 347496 206749 140747 1195894 X 3606643 0 3606643 0 3606643 3999882 0 3999882 0 3999882 PART X, LINE 2: THE ORGANIZATION HAS A TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAX, ASC 740-10. THE ORGANIZATION'S POLICY IS TO EVALUATE UNCERTAIN TAX POSITIONS, AT LEAST ANNUALLY, FOR THE POTENTIAL FOR INCOME TAX EXPOSURE FROM UNRELATED BUSINESS INCOME OR FORM LOSS OF NONPROFIT STATUS. THE ORGANIZATION CONTINUES TO OPERATE CONSISTENT WITH ITS ORIGINAL EXEMPTION APPLICATION AND EACH YEAR TAKES THE NECESSARY ACTIONS TO MAINTAIN ITS EXEMPT STATUS. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. PART XI LINE 2D IN KIND CONTRIBUTIONS NOT INCLUDED IN 990 X 1 RACHEL SMOKA-RICHARDSON LLC 4913 32ND AVENUE SOUTH MINNEAPOLIS MN 55417 DEVELOPMENT CONTRACT WORK 0 224133 62400 161733 224133 62400 161733 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY GALA 364702 247190 117512 2152 50245 21981 40811 364702 247190 117512 2152 50245 21981 40811 115189 2323 FORM 990, PART VI, SECTION B, LINE 11B A COPY WAS EMAILED TO ALL BOARD MEMBERS PRIOR TO THE MEETING; KEY SECTIONS WERE THEN REVIEWED AND DISCUSSED AT THE MEETING. FORM 990, PART VI, SECTION B, LINE 12C THERE IS A CONFLICT OF INTEREST DISCLOSURE THAT BOARD MEMBERS ARE REQUIRED TO COMPLETE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THEATER LATTE DA REGULARLY REVIEWS THE NON-PROFIT SALARY SURVEYS FOR THIS GEOGRAPHIC LOCATION TAKING JOB DESCRIPTIONS INTO ACCOUNT. FORM 990, PART VI, SECTION C, LINE 19 AVAILALBE BY REQUEST. TLD HOLDINGS LLC 345 13TH AVE NE MINNEAPOLIS MN 55413 813392498 BUILDING OWNERSHIP MN 215815 1302067 THEATER LATTE DA