2024-05-14T08:39:56-05:00 2023-06-30 721396621 CARR RIGGS & INGRAM LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2022-07-01 581524285 THE THEATRICAL OUTFIT INC THEA 6785281494 PO BOX 1555 ATLANTA GA 30301 VANYA FOOTE MANAGING DIRECTOR 6785281494 2024-05-14 1 VANYA FOOTE 999009999 1 TIFFANY T ORR CPA P01559485 7703948000 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z VANYA FOOTE PO BOX 1555 ATLANTA GA 30301 2118348 0 X HTTPS://WWW.THEATRICALOUTFIT.ORG X 1977 GA THEATRICAL OUTFIT, ATLANTA'S DOWNTOWN THEATRE, MISSION IS TO PRODUCE WORLD-CLASS THEATRE THAT STARTS THE CONVERSATIONS THAT MATTER. OUR VISION IS A COMPASSIONATE COMMUNITY GROUNDED IN DIGNITY, JUSTICE, AND EQUITY.WE CREATE THEATRE WITH A PURPOSE; OUR WORK HAS THE POWER TO DEEPEN CONNECTIONS, PROMOTE UNDERSTANDING, AND SERVE AS A CATALYST FOR CHANGE.WE INVEST IN ATLANTA; BY CREATING A HOME FOR ARTISTS IN ATLANTA AND INVESTING IN MEANINGFUL RELATIONSHIPS WITH OUR COMMUNITY, WE HELP BUILD A BRIGHTER FUTURE FOR OUR CITY.WE LIVE OUR VALUES; INCLUSION AND A SENSE OF BELONGING ARE PART OF WHO WE ARE AND CENTRAL TO HOW WE WORK. 18 18 40 30 0 0 1827226 1423813 217413 277202 10692 18805 22874 9631 2078205 1729451 0 0 0 0 1006123 1031891 0 0 119467 535617 692963 1541740 1724854 536465 4597 6888190 6802708 328046 207925 6560144 6594783 X THEATRICAL OUTFIT, ATLANTA'S DOWNTOWN THEATRE, MISSION IS TO PRODUCE WORLD-CLASS THEATRE THAT STARTS THE CONVERSATIONS THAT MATTER. OUR VISION IS A COMPASSIONATE COMMUNITY GROUNDED IN DIGNITY, JUSTICE, AND EQUITY.WE CREATE THEATRE WITH A PURPOSE; OUR WORK HAS THE POWER TO DEEPEN CONNECTIONS, PROMOTE UNDERSTANDING, AND SERVE AS A CATALYST FOR CHANGE.WE INVEST IN ATLANTA; BY CREATING A HOME FOR ARTISTS IN ATLANTA AND INVESTING IN MEANINGFUL RELATIONSHIPS WITH OUR COMMUNITY, WE HELP BUILD A BRIGHTER FUTURE FOR OUR CITY.WE LIVE OUR VALUES; INCLUSION AND A SENSE OF BELONGING ARE PART OF WHO WE ARE AND CENTRAL TO HOW WE WORK. 0 0 1349345 277202 THE THEATRICAL OUTFIT PRODUCES STAGE PERFORMANCES AND PROVIDES EDUCATIONAL PROGRAMS FOR ASPIRING THEATRE ARTISTS. 1349345 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 67 0 1 40 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 GA X X X THE THEATRICAL OUTFIT INC 6785281494 84 LUCKIE ST NW ATLANTA GA 30303 JOHN B KNOTT BOARD CHAIR 1.00 X X 0 0 0 ROB HUTCHINS TREASURER 1.00 X X 0 0 0 NECOLE JACKSON-DEJOIE SECRETARY 1.00 X X 0 0 0 ARTHUR H MAZOR CHAIR-ELECT 1.00 X X 0 0 0 CYDNEE DUBROF CHAIR-FUNDRAISING COMMITTEE 1.00 X 0 0 0 ALEXANDER JOHNSON CHAIR-BRAND AND CE COMMITTEE 1.00 X 0 0 0 JESSICA PARDI CHAIR-BOARD DEV. COMMITTEE 1.00 X 0 0 0 STEPHEN SWICEGOOD CHAIR-FACILITIES COMMITTEE 1.00 X 0 0 0 RONNIE BELIZAIRE MEMBER 1.00 X 0 0 0 CHRISTA BOYD MEMBER 1.00 X 0 0 0 RICARDO I CORPORAN MEMBER 1.00 X 0 0 0 CARRIE ALLIS GIGLIO MEMBER 1.00 X 0 0 0 DENISE LAWRENCE MEMBER 1.00 X 0 0 0 DARRYL LESURE MEMBER 1.00 X 0 0 0 MARK MCCARTHY MEMBER 1.00 X 0 0 0 KAREN MCCREA MEMBER 1.00 X 0 0 0 BETHANY NELSON MEMBER 1.00 X 0 0 0 JESSICA TRUELOVE MEMBER 1.00 X 0 0 0 VANYA FOOTE MANAGING DIRECTOR 40.00 X 24615 0 0 GRETCHEN BUTLER MANAGING DIRECTOR (FORMER) 40.00 X 16923 0 0 41538 0 0 0 0 0 0 0 422918 1000895 207320 1423813 ADMISSION/CONCESSIONS 711111 277202 277202 277202 18805 18805 9631 0 9631 9631 9631 388897 388897 0 0 1729451 277202 0 28436 64615 64615 856239 655803 142287 58149 59378 46453 9175 3750 51659 40415 7982 3262 25164 19687 3888 1589 3243 3243 39570 38683 630 257 140041 140041 32568 32568 70207 54926 10848 4433 676 676 144272 112870 22292 9110 17152 17152 PRODUCTION AND ARTISTIC 122135 122135 REPAIRS AND MAINTENANCE 56721 51420 5301 CAPITAL CAMPAIGN EXPENS 38917 38917 EDUCATION EXPENSES 2297 2297 1724854 1349345 256042 119467 1126985 109913 1179592 934985 420860 460439 10366 18746 7846123 2767826 3670918 5078297 479469 200328 6888190 6802708 28960 30760 42518 26665 150000 256568 500 328046 207925 X 3676859 4856816 2883285 1737967 6560144 6594783 6888190 6802708 4597 30042 0 X X 0 1 X 1 0 X 1064491 2686583 2247488 1827226 1423813 9249601 1064491 2686583 2247488 1827226 1423813 9249601 9249601 73132 12574 5760 18342 28436 138244 9387845 1675340 0.98530 X 0.93280 0.01890 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 588594 200000 40233 828827 449975 200000 -61381 588594 200000 200000 49975 449975 200000 200000 0.00000 1.00000 0.00000 0 0 1200000 1200000 5996354 2153159 3843195 649769 614667 35102 5078297 RENTAL DEPOSIT 500 500 X 1900250 30042 144000 174042 1726208 3243 3243 1729451 1865611 144000 144000 1721611 3243 3243 1724854 PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE THEATRE IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE THEATRE DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2023 AND 2022. THE THEATRE UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2023 AND 2022, THE THEATRE HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X 1 200000 X OFFICE SUPPLIES 1 7320 ACTUAL COST 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS PREPARED BY THE ORGANIZATION'S CERTIFIED PUBLIC ACCOUNTANT FOR REVIEW BY MANAGEMENT, THE FINANCE COMMITTEE AND THE BOARD OF TRUSTEES. THE DRAFT IS DELIVERED ELECTRONICALLY TO EACH BOARD MEMBER, WHO IS INVITED TO REVIEW AND COMMENT. THE 990 IS NOT FINALIZED AND SIGNED UNTIL MANAGEMENT RECEIVES THE APPROVAL OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING ANNUAL DISCLOSURES OF POTENTIAL CONFLICTS BY BOARD MEMBERS AND DIRECTORS. THE MANAGING DIRECTOR MONITORS FOR IDENTIFIED AND UNIDENTIFIED CONFLICTS, AND CONSULTS WITH LEGAL COUNSEL AND THE BOARD GOVERNANCE CHAIR, IF ANYTHING QUESTIONABLE ARISES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD SETS COMPENSATION FOR THE ARTISTIC DIRECTOR AND MANAGING DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE ONLINE THROUGH THE GEORGIA SECRETARY OF STATE'S WEBSITE, GUIDESTAR'S WEBSITE, AND UPON REQUEST THROUGH THE THEATRICAL OUTFIT DIRECTLY. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST THROUGH THE THEATRICAL OUTFIT. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS IS UNCHANGED FROM THE PRIOR YEAR.