2024-05-31T11:14:23-05:00 2023-07-31 232896692 BBD LLP 1835 MARKET STREET SUITE 300 PHILADELPHIA PA 19103 990 2022-08-01 270469276 QUINTESSENCE THEATRE GROUP INC QUIN 2159874450 7135 GERMANTOWN AVENUE 2ND FL PHILADELPHIA PA 19119 ERICA EZOLD EXECUTIVE DIRECTOR 2159874450 2024-05-31 1 ERICA EZOLD 999009999 0 MELISSA DUNN P01278330 2155677770 2024-05-31 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z ERICA EZOLD 7135 GERMANTOWN AVENUE 2ND FL PHILADELPHIA PA 19119 1782398 0 X WWW.QUINTESSENCETHEATRE.ORG X 2009 NY DEDICATED TO THE PERFORMANCE AND ADAPTATION OF EPIC WORKS OF CLASSIC LITERATURE AND DRAMA. 13 12 56 50 0 0 1200994 1390893 217124 384287 1955 181 16902 7037 1436975 1782398 0 0 0 0 741598 976376 0 0 146912 594228 696440 1335826 1672816 101149 109582 1366032 3857310 431154 2891748 934878 965562 X QUINTESSENCE THEATRE GROUP IS DEDICATED TO THE PERFORMANCE AND ADAPTATION OF EPIC WORKS OF CLASSIC LITERATURE AND DRAMA FOR THE CONTEMPORARY STAGE, WHICH IGNITES THE MIND THROUGH THE POWER OF THE ACTOR, DESIGN AND SPOKEN WORD. QUINTESSENCE THEATRE EXISTS TO DEVELOP AND PRODUCE THEATRE WHICH IS IMMEDIATE AND NECESSARY, AND THAT STRIVES TO ATTRACT NEW AUDIENCES TO THE ART FORM BY CHALLENGING ITS ARTISTS AND AUDIENCES ALIKE TO CONSIDER WHAT IS ESSENTIAL IN THEATRE AND HUMAN NATURE. 0 0 1246253 384287 QUINTESSENCE THEATRE CONTINUED TO PRODUCE LIVE AND IN-PERSON DURING OUR SEASON XIII: CELEBRATING THE EXTRAORDINARY, WITH VIRTUAL STREAMING OPTIONS AVAILABLE FOR SELECT PRODUCTIONS. EACH PRODUCTION WAS CHOSEN TO REMIND OUR AUDIENCES AND CITY AT LARGE OF THE INCREDIBLE POWER OF THEATRE, AND THE THEATRICAL IMAGINATION. MANY ARE ASKING "WHY" SHOULD THEATRE STILL EXIST IN THE AGE OF STREAMING CONTENT, AND EACH PIECE WAS CHOSEN BECAUSE IN ITS OWN TIME IT PUSHED THE LIMITS OF OUR ART FORM, AND CONTINUES TO PUT WHAT MAKES THEATRE ESSENTIAL AND EXCEPTIONAL FRONT AND CENTER. STARTING WITH THE ABSURD GENIUS OF EUGNE IONESCO'S THE CHAIRS PERFORMED BY TWO OF PHILADELPHIA'S FINEST VETERAN ARTISTS (FRANK X AND E. ASHLEY IZARD), FOLLOWED BY OUR BARE STAGE,ACTOR AND CHALK DRIVEN, BUT PURE MAGIC PRODUCTION OF [CONT ON SCH O]MARY POPPINS (HANNA GAFFNEY WON THE 2023 BARRYMORE AWARD FOR BEST ACTOR IN A MUSICAL FOR HER PORTRAYAL OF THE INFAMOUS NANNY), TO THE EVOCATIVE AND PRESCIENT AMERICAN LABOR CLASSIC WAITING FOR LEFTY, WHICH OPENED WHILE A STRIKE WAS TAKING PLACE AT AN AMAZON WAREHOUSE ONLY MILES AWAY, TO CELEBRATED TV AND STAGE ACTOR LAWRENCE PRESSMAN'S RETURN TO QUINTESSENCE (AWAKE AND SING!) TO MAKE HIS SWAN SONG AS PROSPERO IN THE TEMPEST. AND OUR SEASON FINALE, AND FIRST COMMISSIONED WORLD PREMIERE PLAY, WRITTEN BY PHILLIS, UNLEASHING THE SUBLIME VERSE OF ONE OF AMERICA'S GREATEST POETS ON OUR STAGE. OUR INAUGURAL GET LIT GATHERING LAUNCHED IN THE SUMMER OF 2022 WITH THE CREATION OF WRITTEN BY PHILLIS. QUINTESSENCE RECEIVED ITS FIRST GRANTS FOR ARTS PROJECTS AWARD FROM THE NAT'L ENDOWMENT FOR THE ARTS FOR WRITTEN BY PHILLIS, AND SPECIFICALLY TO SUPPORT THE COMMISSIONING FEES FOR PLAYWRIGHTS PAUL OAKLEY STOVALL AND MARILYN CAMPBELL-LOWE, AS WELL AS HOUSING FOR THE DIRECTOR, CHICAGO'S CHERYL LYNN BRUCE. CONCEIVED AND CREATED AS PART OF QUINTESSENCE'S COLLABORATION WITH CHICAGO'S NEW CLASSICS COLLECTIVE, THIS ORIGINAL PLAY BASED ON THE LIFE OF PHILLIS WHEATLEY (AN ENSLAVED WOMAN AND THE FIRST AFRICAN AMERICAN AND SECOND FEMALE TO HAVE A BOOK OF POETRY PUBLISHED IN THE U.S.) PUTS WHEATLEY'S POETRY FRONT AND CENTER, RECONSIDERS HER IMPORTANT ROLE IN AMERICA'S FOUNDING AND IDEALS, AND CELEBRATES HER LIFE AND LEGACY. THE NEW PLAY DEVELOPMENT COMPRISED A SERIES OF WORKSHOPS AND READINGS IN 2021-2022, INCLUDING A PUBLIC READING AND DISCUSSION TO ENGAGE LOCAL ARTISTS, SCHOLARS, AND EVERYDAY RESIDENTS' INPUT ON THE PLAY DEVELOPMENT. QUINTESSENCE PRODUCED THE WORLD PREMIERE OF WRITTEN BY PHILLIS IN MAY-JUNE 2023. WRITTEN BY PHILLIS SPARKED A CITY-WIDE CELEBRATION OF A REMARKABLE AFRICAN AMERICAN WOMAN AND POET, OF WHICH OUR PROJECT WAS ONE CENTERPIECE. MANY PATRONS SHARED HOW THEY WERE MOVED BY THE NUANCES OF WHEATLEY'S POETRY AND OVERWHELMED AT LEARNING A MORE COMPLEX NARRATIVE OF HER LIFE. EVEN ON NIGHTS WITHOUT A POST-SHOW CONVERSATION, PATRONS WOULDN'T LEAVE THEY STAYED IN THEIR SEATS AND TALKED, COMPELLED TO DIALOGUE ABOUT THE EXPERIENCE. FURTHER WORKSHOPS AND A SECOND PRODUCTION OF WRITTEN BY PHILLIS ARE PLANNED AT THE CHICAGO SHAKESPEARE THEATER FOR 2025. OVERALL, PRODUCTIONS LAST SEASON PROCEEDED FLUIDLY AND OUR INCREASED MARKETING TO STIMULATE POST-COVID ATTENDANCE PAID OFF. QUINTESSENCE ATTRACTED 12,405 THEATREGOERS, ABOUT 11% BELOW PRE-PANDEMIC LEVELS. THIS RE-GROWTH WAS ATTRIBUTED IN PART TO THE SUCCESS OF OUR HOLIDAY CLASSIC, MARY POPPINS, WHICH GARNERED OUR FIRST SOLD OUT PERFORMANCES POST-PANDEMIC, AND BECAME THE BEST-ATTENDED SHOW IN QUINTESSENCE THEATRE'S 13-YEAR HISTORY. HOWEVER, THERE REMAINED ALMOST NO COVID RELIEF FUNDING FOR THE ARTS IN 2022-2023, AND ENSURING FINANCIAL STABILITY CONTINUED TO BE CHALLENGING IN THE WAKE OF THE PANDEMIC. ONE RELIEF FUNDING STREAM WAS MADE AVAILABLE THROUGH THE STATE OF PA IN FEBRUARY 2023; HOWEVER, ANTICIPATING AND ELIGIBLE FOR $380,000, QUINTESSENCE WAS AWARDED ONLY $37,000 AND STILL AWAITS RECEIPT OF SAID FUNDS. DESPITE THE CHALLENGES THAT HAVE ARISEN, QUINTESSENCE THEATRE REMAINS FIRMLY COMMITTED TO THE PHILADELPHIA COMMUNITY AND ITS ACTORS, ARTISTS, ADMINISTRATORS, AND EDUCATORS. WE ARE FULFILLING OUR MISSION OF BRINGING EPIC WORKS OF CLASSIC DRAMA AND LITERATURE TO THE CONTEMPORARY STAGE IN AN INCREASINGLY INCLUSIVE AND EQUITABLE MANNER, INCLUDING BY REPRESENTING DIVERSE STORIES AND STORYTELLERS ON OUR STAGE. WE ARE IN THE PROCESS OF PURCHASING THE SEDGWICK, EXERCISING OUR OPTION ON DECEMBER 28,2023; OPTION WAS EXTENDED ON MARCH 28,2024. NO DEFINITIVE SETTLEMENT DATE HAS BEEN SCHEDULED BUT HOPE TO ACCOMPLISH THIS BY THE END OF JUNE 2024. WE HAVE A RENOVATION PLAN DEVELOPED BY OUR ARCHITECTS, VOITH & MACAVISH AND GG&A CONSULTANTS. OUR CAPITAL CAMPAIGN FOR QUINTESSENCE AT THE SEDGWICK THEATRE PROVIDED FUNDS FOR ADDRESSING MINOR IMPROVEMENTS, WITH THE LARGER VENUE RENOVATIONS BEGINNING WITH A NEW MARQUEE AND FACADE IMPROVEMENT TO OCCUR IN 2024/2025. 1246253 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 8 0 1 56 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X THE ORGANIZATION 2159874450 7135 GERMANTOWN AVENUE 2ND FL PHILADELPHIA PA 19119 GRACE GRILLET INTERIM ED (EFF 10/22) 40.00 X X 10000 0 0 PATRICIA STRANAHAN CHAIR 1.00 X X 0 0 0 DANIEL ROSS VICE CHAIR 1.00 X X 0 0 0 WILLIAM WHEELAN TREASURER 1.00 X X 0 0 0 JANICE BOGEN SECRETARY 1.00 X X 0 0 0 MARILOU BUFFUM MEMBER 1.00 X 0 0 0 STEPHEN GLUCKMAN MEMBER 1.00 X 0 0 0 DYLAN LYONS MEMBER 1.00 X 0 0 0 BRANDON SARGENT MEMBER 1.00 X 0 0 0 JASON TUCKER MEMBER 1.00 X 0 0 0 MICHAEL MCCLEARY MEMBER 1.00 X 0 0 0 PEGGY ZWERVER MEMBER 1.00 X 0 0 0 ALEX BURNS PRODUCING ARTISTIC DIRECTOR 40.00 X X 70000 0 0 STEPHEN HEIMANN MEMBER 1.00 X 0 0 0 80000 0 0 0 0 0 0 0 62546 1328347 10288 1390893 SUBS & TICKET SALES 900099 384287 384287 384287 181 181 OTHER INCOME 900099 7037 7037 7037 1782398 384287 0 7218 60000 47130 8731 4139 772967 607165 112482 53320 84492 66369 12295 5828 58917 46279 8574 4064 134514 44538 34976 55000 82811 82811 36287 12988 17980 5319 129528 104401 17169 7958 30490 30490 29433 15351 9388 4694 27558 19291 5512 2755 PRODUCTION COSTS 153624 153624 BANK AND OTHER SERVICE 45088 31934 13154 MISCELLANEOUS 27107 14372 8900 3835 1672816 1246253 279651 146912 11099 126655 53740 53278 252614 750624 12706 17476 708607 47382 661312 661225 374561 2248052 1366032 3857310 216108 84590 25813 59106 189233 500000 0 2248052 431154 2891748 X -156136 -273193 1091014 1238755 934878 965562 1366032 3857310 X 109582 1102 -80000 X 0 1 X 1 0 X 559851 714815 1415985 1200994 1390893 5282538 559851 714815 1415985 1200994 1390893 5282538 930973 4351565 174 1955 181 2310 7037 7037 5291885 1477285 0.82230 0.80560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 127118 15886 111232 190021 31496 158525 391468 391468 661225 RIGHT OF USE ASSET 2248052 2248052 LEASE OBLIGATION 2248052 2248052 X 1783500 1102 1102 1782398 0 1782398 1752816 80000 80000 1672816 0 1672816 PART X, LINE 2: GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECONGIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR TAX RETURNS. GAAP PRESCIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECONGIZED IN THE FINANCIAL STATEMENTS. QTG BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN THE STANDARD. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 80,000. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND SELECT BOARD MEMBERS THOROUGHLY REVIEW THE FORM 990. AFTER THAT REVIEW, AN ELECTRONIC COPY OF THE FORM 990 IS PROVIDED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED BY THE EXECUTIVE DIRECTOR ON AN ONGOING BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -80,000.